Nestle India faces Rs 69 lakh tax penalty

IANS | March 26, 2025 8:20 PM

Mumbai, March 26 (IANS) Nestle India Limited on Wednesday announced that it has been hit with a tax penalty of Rs 69.45 lakh after the Appellate Authority upheld an earlier order issued under the Customs Act, 1962.

RBI slaps Rs 75 lakh fine on HDFC Bank for breach of norms

IANS | March 26, 2025 7:42 PM

Mumbai, March 26 (IANS) The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country’s largest private sector lender, for not complying with directions in the RBI’s Know Your Customer (KYC) master direction, according to an official statement issued on Wednesday.

Centre inks Rs 6,900 cr contracts for advanced artillery gun systems, high mobility vehicles

IANS | March 26, 2025 6:04 PM

New Delhi, March 26 (IANS) In a bid to further to further enhance Indian Army’s operational readiness, the Centre on Wednesday announced contracts with Bharat Forge Limited and Tata Advanced System Limited for the procurement of 155mm/52 Calibre Advanced Towed Artillery Gun Systems (ATAGS) and High Mobility Vehicle 6x6 Gun Towing Vehicles, at a total cost of about Rs 6,900 crore.