Thu, Apr 7, 2022 3:13 PM
Credit ratings on bank loan facilities of Apollo Pipes reviewed by ICRA
A Flip by Flipitnews
Hinduja Group’s IndusInd International Holdings Ltd has proposed changes to the corporate structure proposed in its resolution plan for the bankrupt Reliance Capital. In the past week IIHL has written to the Reserve Bank of India, seeking the regulator’s approval for the proposed changes, said two people aware of the development.
Open Flip
Tesla, a leading global manufacturer of electric vehicles, has initiated a significant reduction in its workforce," tech publication Electrek reported on May 6. The layoffs impact the software, service, and engineering departments, signaling a major shift in the company's operational strategy.Also Read | Tesla Layoff: Elon Musk's EV maker to lay off 693 employees in Nevada after cars price cuts.
Open Flip
IDBI Bank on May 7 said it has received a GST demand order of Rs 2.97 crore along with interest and penalty for alleged excess availment of input tax credit (ITC).In a regulatory filing, the private sector bank said the Dehradoon state tax department has issued an order under the GST rules pertaining to 2018-19 fiscal for alleged excess availment and utilisation of ITC.
Open Flip
