Meesho Tax Demand, Dr Reddy's FCPA Relief, PB Fintech Block Deal & GNFC Supply Woes in Focus

• Meesho receives Income Tax demand of Rs 1,499.73 crore for Assessment Year 2023–24.
• Dr Reddy's Laboratories cleared in US Department of Justice's FCPA inquiry; no enforcement action recommended.
• Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) faces 60% LNG supply restriction due to Middle East war, impacting Neem urea production.
• Tencent Cloud Europe BV sells 1.04% stake in PB Fintech for Rs 694.65 crore; multiple investors acquire shares.
• RITES secures revised railway electrification project worth Rs 729.28 crore and a new consultancy work order of Rs 45.18 crore.