1 / 7InterGlobe Aviation | India's largest airline said it has received ₹1,666 crore order from the Commissioner of Income Tax Appeals. The order, dated November 21, 2023, pertain to a demand of ₹740 crore for the assessment year 2016-17 and ₹927 crore for the assessment year 2017-18.
2 / 7EID Parry | Promoter entity of integrated sugar producer divested a 2.27% stake in the company for ₹190 crore through an open market transaction. Ambadi Enterprises Ltd offloaded 40.30 lakh shares, amounting to 2.27% in EID Parry India Ltd, as per the bulk deal data available with the NSE.
3 / 7Welspun Corp | The company said its wholly-owned subsidiary, Sintex BAPL, has received approval from the Odisha government for its proposal to invest ₹479.47 crore in establishing a manufacturing unit. The unit will produce CPVC, UPVC, SWR, agri pipes, PVC fittings, and plastic tanks, boasting an annual capacity of 37,520 tonne.
4 / 7Power Grid Corp | The state-owned company approved a proposal to invest about ₹367 crore in electricity transmission projects. Committee of Directors on Investment on Projects' of Powergrid in its meeting held on November 22, 2023, has accorded investment approval for two projects, a BSE filing showed.
5 / 7Honasa Consumer | The company reported a 93.4% year-on-year jump in consolidated net profit at ₹29.4 crore for the second quarter that ended September 30, 2023. The company's consolidated revenue from operations increased 20.9% to ₹496.1 crore as against ₹410.4 crore in the corresponding period of the preceding fiscal.
6 / 7CDSL | The company said it has reached a significant milestone by registering over 10 crore demat accounts. "Central Depository Services (India) Ltd (CDSL), Asia’s first and only listed depository, is pleased to announce the crossing of another milestone as more than Ten crore (100 million) demat accounts were registered with CDSL," the company said.
7 / 7Infosys | Indian IT services company unveiled a strategic long-term collaboration with TK Elevator (TKE), a significant player in the elevator and escalator industry. This partnership sets the stage for Infosys to spearhead the consolidation, harmonisation, and modernisation of TK Elevator's digital landscape, according to a stock exchange filing.
