Punjab National Bank| The public sector lender has reported a 9.7 percent year-on-year growth in its total deposits in the September quarter, amounting to Rs 13.1 lakh crore, compared to Rs 11.9 lakh crore in the previous year. The bank reported a year-on-year increase in current account savings account (CASA) deposits, with a 2.6 percent growth rate.
Maruti Suzuki |The automaker on October 4 said that it recently received a show cause notice from the Gujarat GST authority. The show cause notice pertains to the period from July 2017 to March 2018 and is related to the reconciliation of tax returns filed by the company. The show cause notice issued by the Gujarat GST Department specifies a total demand amount of Rs 1.79 crore.
Bandhan Bank | The private lender said its loans and advances witnessed a significant uptick of 4.3 percent on a quarter-on-quarter and 12.3 percent on a year-on-year basis, reaching a total of Rs 1.07 lakh crore. Total deposits at the bank saw a rise of 3.3 percent quarter-on-quarter and a robust 12.8 percent year-on-year growth, amounting to a total of Rs 1.12 lakh crore.
Sheela Foam | The company said it has received a Show Cause Cum Demand Notice from the Commissioner of GST Intelligence in Gautam Budh Nagar, Greater Noida. The notice alleges a substantial tax demand of Rs 20.26 crore, coupled with an equivalent penalty, in addition to applicable interest on the said demand.
HCG | Cancer-focused healthcare service provider has acquired SRJ CBCC Cancer Hospital in Indore. HCG plans to expand further by adding 100 beds and state of art cancer diagnostic and treatment facility within an estimated operational timeline of two years.
Marico | The firm announced that its domestic volumes in the September quarter grew in low-single digits on a year-on-year basis, with low single-digit growth in parachute coconut oil and Saffola eddible oils, and low single-digit growth in value-added hair oils. The demand trends largely mirrored those observed in the preceding quarter.
Strides Pharma | The drug firm on said it's subsidiary Strides Pharma Global Pte Ltd has received approval from the United States Food and Drug Administration for efavirenz, emtricitabine and tenofovir disoproxil fumurate tablets. The approval is for efavirenz (600 mg), emtricitabine (200 mg), tenofovir disproxil fumarate (300 mg) tablets, commonly referred to as EET tablets.
Indiabulls Housing Finance | Capri Global Holdings Pvt Ltd on October 4 sold shares of mortgage financier Indiabulls Housing Finance for Rs 43 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Capri Global Holdings offloaded 25 lakh shares, amounting to a 0.53 percent stake in Indiabulls Housing Finance.