Central Depository Services

The Securities and Exchange Board of India (SEBI) has approved the appointment of Nehal Vora as the Managing Director & Chief Executive Officer (MD & CEO) of the company.

Tata Steel

The Tata Group company has acquired 13,000 equity shares (i.e., a 26% equity stake) in TP Parivart for Rs 1.3 lakh. TP Parivart is a subsidiary of Tata Power Renewable Energy.

NTPC

Step-down subsidiary NTPC REL has commenced commercial operations for the first part capacity of 160 MW out of the 320 MW Bhainsara solar PV project in Jaisalmer, Rajasthan. With this, the total installed and commercial capacity of the NTPC group has now reached 76,294 MW.

ITI

The state-owned telecom manufacturing company has secured its first electronic voting machine (EVM) order from the State Election Commission (SEC) of West Bengal for the supply of 500 sets of electronic voting machines.

Shipping Corporation of India

The company has received an order from the Department of Goods and Services Tax, Maharashtra, demanding tax and a penalty of Rs 160.37 crore after conducting the GST audit for FY20. The company is in the process of filing an appeal before the Joint Commissioner of State Tax.

Life Insurance Corporation of India

LIC has received a demand order for Goods & Services Tax, interest, and a penalty amounting to Rs 605.6 crore for Maharashtra state for FY20, due to wrong availment and short reversal of ITC and interest on late payments.

Lemon Tree Hotels

The hotel chain has signed a License Agreement for a 72-room hotel property in Ayodhya, Uttar Pradesh. The property will be managed by its subsidiary, Carnation Hotels, and is expected to open in FY26.

Rail Vikas Nigam

RVNL has signed an MoU with Patel Engineering for hydro and other infrastructure projects in India and overseas.

SpiceJet

The aviation regulator Directorate General of Civil Aviation (DGCA) has placed budget carrier SpiceJet under 'enhanced surveillance' with immediate effect.

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