In a joint statement, the Kirloskar companies—Kirloskar Ferrous Industries (KFIL), Kirloskar Industries (KIL), Kirloskar Pneumatic, Kirloskar Oil Engines—said they have filed the appeal before SAT challenging the Sebi letter dated December 30, 2024, wherein the market regulator advised them to disclose the Deed of Family Settlement (DFS).
On December 31, 2024, these companies stated that they were preparing to legally challenge the letter by Sebi.
Denne historien er fra January 05, 2025-utgaven av Financial Express Ahmedabad.
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Denne historien er fra January 05, 2025-utgaven av Financial Express Ahmedabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India to enter new era in 2028, says Andhra CM Naidu
SIGNALS WILLINGNESS TO WORK WITH THE US, MORE BALANCED RELATIONSHIP WITH CHINA
Delhi court orders seizure of 'offensive' Husain paintings
A court has ordered the seizure of two M.F. Husain paintings displayed in the Delhi Art Gallery following a complaint from Delhi High Court advocate Amita Sachdeva who called them offensive.
India's IT spending to rise by 11%: Gartner
WORLDWIDE IT SPENDING is projected to reach $5.61 trillion in 2025, reflecting a 9.8% increase from 2024, according to Gartner's latest forecast.
Consumer firms pitch for steps to shore up demand
COMPANIES IN THE fast-moving consumer goods (FMCG) and retail sectors are urging the Centre to stimulate consumption through tax slab revisions and demand-boosting measures in the FY26 Budget.
Birthright Citizenship to End, Will Impact Indian Americans
STARTING HIS SECOND term with a flurry of executive orders, US President Donald Trump has sought to revoke birthright citizenship - automatic citizenship of children born in the US to non-citizen parents.
Analysts Remain Bullish on Zomato Despite Share Dip
Expect sustainable growth profitability in the coming years
India wary as Trump pulls US out of Pillar 2 tax deal
PRESIDENT DONALD TRUMP, through an executive order, declared on Tuesday that the 15% minimum global corporate tax deal has \"no force or effect\" in the US, effectively pulling the country out of the 2021 pact signed by around 140 countries.
Law ministry demands EC's response to over 20 queries
THE QUESTIONS WERE RAISED BY JPC ON JOINT POLLS
Experts: Relax 20% pre-deposit rule for stay on I-T demand
IN A BID to free up working capital and ease the burden of businesses, tax experts have urged the government to relax the provisions of submitting a pre-deposit amount in case any business wishes to get a stay on an income tax demand, in the upcoming Budget.
India must be wary: Experts
CO-FOUNDER OF GLOBAL Trade Research Initiative Ajay Srivastava said that when talks happen with the US regarding tariffs on goods, India must point out the trade in digital services and defence purchases for striking a balance in trade.
