🔴 A TN government statement issued in this regard said Foxconn assured that it will urge their contractors to provide quality food for all its 15,000 employees.
🔴 Lavasa Hill City project was planned by Hindustan Construction Company (HCC) in 2000. It was admitted for insolvency by the National Company Law Tribunal in August 2018.
🔴 The Centre is planning to divest 93.7 per cent stake held by four central public sector enterprises and two Odisha government companies. CPSEs MMTC and NMDC own 49.78%,, and 10.10% in NINL, respectively.
🔴 Both the companies have entered into a definitive agreement whereby HSBC AMC will acquire 100 per cent equity shares of L&T Investment Management Ltd, a wholly owned subsidiary of L&T Finance Holdings.
In an 816-page filing, seen by Reuters, Amazon calls the investigation a "fishing and roving" inquiry, saying the ED had sought privileged legal advice and opinions from Amazon and other information not connected to the Future Group deal.
The combined entity, nearly 51% owned by Sony Pictures Networks India (SPNI), will own popular channels such as Sony MAX and Zee TV, along with streaming platforms ZEE5 and SonyLIV, as part of the deal.
The new Kia Carens is the fourth offering by the South Korean automaker in the Indian car market.
Beauty products will be “a key focus for us” from now on along with footwear and underwear, Noel Tata, non-executive chairman of Trent Ltd., a Tata Group unit operating a chain of retail stores, said in an interview at his office in Mumbai.
Maheshwari, who had been transferred to the US in August this year, shared the development on a tweet.
Dogecoin jumped 24% to $0.195 following the news.
The move by Ambani, whose companies this year purchased intellectual property rights to use the iconic Lee Cooper brand in India and stakes in high-end fashion brands run by stylists to some of Bollywood’s biggest stars, is only the second time Reliance has shown interest in an insolvent company.
🔴 The shutting down of the Pegasus unit could decrease the value of NSO as a company as the unit accounts for “about half of NSO’s revenue”, the report said.
The merged entity, to be known as Shriram Finance Ltd, will be the largest retail finance NBFC in the country
Paytm refers to GMV as the value of total payments made to merchants through transactions on its app, through Paytm payment instruments or through its payment solutions, over a period. It excludes any consumer-to-consumer payment services such as money transfers.
🔴 Chennai-based UII has settled group personal accident (GPA) claims of deceased defence officials, including General Rawat and others, while NIA paid the claim of Brigadier Ladder at the shortest possible time, officials said.
🔴 Wholesale despatches across categories last month declined 32 per cent year-on-year (y-o-y) to 12,88,759 units. PV wholesales declined 19 per cent at 2,15,626 units.
🔴 The DoT, in its petition, has requested the appellate tribunal to set aside the order passed by the Mumbai bench of the NCLT on June 8, 2021 allowing the Rs 2,962-crore takeover bid by Anil Agarwal’s Twin Star Technologies
🔴 This will be subject to compliance with the Master Direction on ‘’prior approval for acquisition of shares or voting rights in private sector banks’’ Master Direction on ‘’Ownership in Private Sector Banks’’, the bank said.
It was not immediately clear if Musk, a prolific user of the social media platform, was being serious about quitting his roles.
The plan — initially approved by the inter-creditor agreement (ICA) lenders on July 15 this year — was subject to the approval of non-ICA lenders.
Hyundai Motor India (HMI) said that its line-up of six electric vehicles will cater to multiple segments including mass market and mass premium segments in the country.
A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli, which had earlier sought small written submissions from parties to the litigation in place of “truckload” of bulky documents, again expressed displeasure on Wednesday over the written notes submitted by Future Group.
Speaking at the India Mobile Congress, he said India must complete the migration from 2G to 4G and 5G at the earliest.
The NCLT’s Mumbai bench also confirmed the appointment of Y Nageswar Rao as the administrator of the company.
🔴 The company currently has a pending order of around 2.5 lakh units with demand in the market continuing to be buoyant, while its production was over 80 per cent of normal in November.