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Vedanta Ltd to challenge SEBI's Rs 77 cr penalty for alleged delay in dividend payment to UK's Cairn Energy

Mumbai, March 14 -- Vedanta Ltd on Wednesday said it will challenge stock market regulator SEBIs Rs 77.6 crore penalty for delay in dividend payment to its former shareholder Cairn Energy. In a state... Read More


India's factory output grows 3.8 pc year-on-year in January

New Delhi, March 13 -- Indias factory output measured in terms of Index of Industrial Production (IIP) grew 3.8% year-on-year in the month of January 2024, as per official data released on Tuesday. A... Read More


APEDA facilitates India's first commercial trial shipment of Sangola pomegranates to the US via sea

New Delhi, March 2 -- India successfully flagged off its first commercial trial shipment of pomegranates to the United States via sea on Wednesday. The first trial shipment of pomegranates was facili... Read More


CIL signs Mou with IIM Mumbai and Sambalpur to boost logistics efficiency

New Delhi, March 2 -- State-owned miner Coal India Limited (CIL) entered into a Memorandum of Understanding (MoU) with the Indian Institute of Management (IIM) Mumbai and Sambalpur on Friday to boost ... Read More


GRSE pays interim dividend of Rs 90.73 crores for FY 2023-24

New Delhi, March 2 -- Warship builder Garden Reach Shipbuilders and Engineers Ltd (GRSE) has paid an interim dividend of Rs 90.73 crore for FY 2023-24 to its shareholders. The government-owned Minira... Read More


Paytm Payments Bank fined Rs 5.49 cr for flouting money laundering regulations

Mumbai, March 2 -- The Financial Intelligence Unit - India (FIU-IND) has imposed a substantial penalty of Rs 5,49,00,000 on Paytm Payments Bank Ltd for purported violations of anti-money laundering re... Read More


Baskin Robbins to open 1000th store by 2024 in India and SAARC region

Mumbai, Feb. 29 -- Graviss Foods Pvt Ltd which owns Baskin Robbins brand of ice cream is set to open its 1000th ice cream store in India and the SAARC region in 2024. With a strategic emphasis on Tie... Read More


Byju's claims resolutions passed at EGM to remove founder invalid

Bengaluru, Feb. 24 -- Ahead of the results of the voting to remove Byjus founder and CEO Byju Raveendran during an extraordinary general meeting (EGM), the ed-tech company claimed in a statement to th... Read More


Shareholders pass resolution to oust Byju Raveendran-led management at EGM

Bengaluru, Feb. 24 -- A consortium of prominent investors including Prosus, General Atlantic, and Peak XV on Friday made the decision to remove Chief Executive Officer (CEO) Byju Raveendran from his p... Read More


Mukesh Ambani's Jio Financial Services enters 2-trillion market cap club

Mumbai, Feb. 23 -- Jio Financial Services, led by Mukesh Ambani, has joined the Rs 2-trillion market cap club, with its shares rising by 10.2% to reach Rs 334 on Friday, media reported. This surge va... Read More