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Vroom to Lay Off 90% of Employees, Shift Resources to Auto Financing and AI Analytics |

Vroom, an online used car company, is laying off 90% of its employees and shifting resources into auto financing and AI-powered analytics. Read more in the regulatory filing.

United-auto-credit-corporation , Value-maximization-plan , Current-report , Vroom , Shutting-down , Regulatory-filing , Online-used-car-company , Lay-90-of-employees ,

'Punit Goenka was agreeable to step down': Zee plans legal action against Sony

Sony India has terminated $10 billion merger agreements with Zee Entertainment.

India , Mumbai , Maharashtra , Japan , Japanese , Punit-goenka , Culver-max , Zee-entertainment-enterprises-ltd , Sony-pictures-networks-india , Sony , Sony-group , Zee-entertainment

Praveen A Kutty: RBI clears appointment of Praveen A Kutty as MD of DCB Bank

Praveen A Kutty has been part of the DCB Bank leadership team for the past 16 years. He, alongside the current MD and CEO and management team, played a key role to turnaround the bank.

Business-news , Breaking-news-events , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Praveena-kutty , Dcb-bank , Rbi , Praveen

LIC gets IT demand notices worth Rs 3,529 crore

The corporation has received orders from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax, Mumbai, LIC said in a regulatory filing. LIC would file an appeal before the Commissioner (Appeals), Mumbai, against the said orders within the prescribed timelines, it said.

Business-news , Breaking-news-events , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Lic , It-demand-notices , Tax-authorities , Regulatory-filing

Vedanta: Vedanta's aluminium production rises to 5,99,000 tonnes in December quarter

In a regulatory filing, Vedanta said its production of saleable iron ore in Karnataka was flat at 1.4 million tonnes in the third quarter of this fiscal. The production of pig iron was higher at 2,03,000 tonnes in the latest December quarter compared to 2,00,000 tonnes in the same period a year ago.

New-delhi , Delhi , India , Karnataka , Vedanta-ltd-on , Zinc-international , Vedanta-ltd , Vedanta , Aluminium-production , December-quarter , Financial-year

ICICI Lombard: ICICI Prudential Life gets Rs 270 crore GST notice

India Business News: NEW DELHI: ICICI Prudential Life Insurance on Wednesday said tax authorities have slapped a demand notice of Rs 270 crore on it for alleged short paym.

Service-tax , Prudential-life-insurance-company , Life-insurance , Maharashtra-goods , Life-insurance-company , Business-news , Rs-5-66-crore , Regulatory-filing , Penalty , Joint-commissioner-cgst-amp-central-excise , Icici-lombard

ICICI Lombard GST notice: ICICI Lombard gets GST demand notice of over Rs 5.66 crore

ICICI Lombard General Insurance has received a demand notice for alleged short payment of GST (Goods and Services Tax) amounting to over INR 5.66 crore (about $755,000). The demand includes a GST amount of INR 5,66,02,264 and a penalty of INR 56,60,226. ICICI Lombard plans to file an appeal against the order.

Madhya-pradesh , India , Bhopal , Insurance-company , General-insurance-company , Joint-commissioner , Icici-lombard-gst-notice , Gst-demand-notice , Regulatory-filing , Icici-lombard , Joint-commissioner-cgst-amp-central-excise

ICICI Lombard: ICICI Pru Life gets GST demand notice of Rs 270 cr

Shares of ICICI Prudential settled at Rs 526.55 apiece, up 0.56 per cent over previous close on the BSE. In a separate filing, ICICI Lombard General Insurance said it has received a demand notice for alleged short payment of GST of over Rs 5.66 crore from Madhya Pradesh state GST department.

Madhya-pradesh , India , Prudential , Prudential-life-insurance-company , Service-tax , Life-insurance , Maharashtra-goods , Life-insurance-company , General-insurance , Icici-lombard , Gst-demand-notice

Thermax: NCLT approves demerge of Thermax arms Thermax Cooling Solution, Thermax Instrumentation

"National Company Law Tribunal, Mumbai Bench vide its order dated December 20, 2023, which was received on December 25, 2023, has approved demerger of the wholly owned subsidiaries of the company namely, Thermax Cooling Solutions Ltd (TCSL/ Demerged Company) and Thermax Instrumentation Ltd (TIL/Resulting Company)," a regulatory filing stated.

Business-news , Breaking-news-events , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Thermax , Demerge , Nclt , Cooling-solutions

Intel Job Cuts: Intel to cut 200-plus jobs in 5th round of layoffs this year, here's what regulatory filing says

Intel is cutting 235 jobs in its fifth round of layoffs. The semiconductor giant plans to reduce costs and accelerate its strategy through multiple in

California , United-states , Intel , Santa-clara-headquartered , Sacramento-county , Technology-news , Regulatory-filing , Layoffs , Job-cuts , Intel-layoffs , Intel-job-cuts