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Aviva India hit with $7.5 million penalty for tax evasion, fake invoices
Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake
Steel maker SAIL to set up new rail mill with $800 million investment: Chairman Prakash
SAIL’s Chairman Amarendu Prakash said on Saturday the company is bullish on the demand for rails in the country and has decided to set up
Andhra Pradesh’s electricity demand expected to reach around 260 million units per day
“It is estimated that the peak power demand in the upcoming summer will be around 13,700 megawatts, and the electricity demand is expected to reach
Cognizant reduces owned and leased space in India by over 2 million sq ft in 2024
Cognizant Technology Solutions, the US-based IT company with a large employee presence in India, has downsized its total office space by around 10 per cent
Shriram Finance raises $500 million via SACE ECB loan
Non-banking finance company (NBFC) major Shriram Finance has raised $500 million via SACE External Commercial Borrowing Push loan facility, with a tenor of 10 years,
Motivity Labs secures $6 million IT services contract
Motivity Labs, a subsidiary of Magellanic Cloud Ltd, has won a $6 million contract with one of the world’s largest technology and data center conglomerates,