Search
ieeditor
ieeditor

Elgi Equipments gets Rs 25.6 crore tariff refund

Air compressors maker Elgi Equipments said its US arm has received US tariff refund of USD 2.68 million following the US Supreme Court verdict.

Corporate
Listen to this article

Elgi Compressors USA INC, has received a tariff refund from U.S. Customs and Border Protection (CBP) amounting to USD 2.68 million, equivalent to about Rs 25.6 crores. This is consequent to the US Supreme Court’s directives to the US Government to refund the excess tariff collected from the importers, the company said in a stock exchange filing.

Also read: US Supreme Court strikes down Trump’s global tariffs

Latest

Consumer durables

Robust demand for Room ACs during festive: Blue Star

0
In second quarter of FY27, the extended summer season...
FMCG

Reliance FMCG arm expands biscuit portfolio in TN

0
Tamil Nadu is a key market for RCPL’s biscuit...
Corporate

Insolvency proceedings against Polycab set aside

0
National Company Law Tribunal, Ahmedabad Bench, had admitted the...
Information Technology

DHL IT arm opens new facility in Chennai

0
The facility expands capacity in India and It will...

Newsletter

Don't miss

Consumer durables

Robust demand for Room ACs during festive: Blue Star

0
In second quarter of FY27, the extended summer season...
FMCG

Reliance FMCG arm expands biscuit portfolio in TN

0
Tamil Nadu is a key market for RCPL’s biscuit...
Corporate

Insolvency proceedings against Polycab set aside

0
National Company Law Tribunal, Ahmedabad Bench, had admitted the...
Information Technology

DHL IT arm opens new facility in Chennai

0
The facility expands capacity in India and It will...
Banking

September Credit Card Spending Down 5.9%: Report

0
Credit card spending fell 5.9 per cent year-on-year (y-o-y)...
ieeditor
ieeditor

Robust demand for Room ACs during festive: Blue Star

ieeditor -
In second quarter of FY27, the extended summer season resulted in robust demand for Room ACs and it helped the company to post a...
Read more

Reliance FMCG arm expands biscuit portfolio in TN

ieeditor -
Tamil Nadu is a key market for RCPL’s biscuit business. With increased production capacity and an expanded portfolio, the company aims to build scale,...
Read more

Insolvency proceedings against Polycab set aside

Sanjay Vijayakumar -
National Company Law Tribunal, Ahmedabad Bench, had admitted the insolvency proceedings filed against Polycab via order dated 7 October. The petition was filed by...
Read more

About us

Most recent

Most popular

Hot On Web

Kothari Industrial Corporation Limited - All rights reserved.