Page 195 - Bs Reporter

Bajaj Finance loan booking up 5.5% in Q3FY23, hits lifetime high of 7.8 mn

The company also recorded its highest ever quarterly increase in customer franchises at 3.1 million

Cinema halls, multiplexes have the right to prohibit outside food, says SC

Theatre owners have to let parents to bring food for infants and provide free drinking water to visitors

Sebi issues demand notice to Singh brothers in fund diversion case

Failure to pay the fines could lead to attachment and sale of properties

Siva Shelters & Construction repays IL&FS debt worth Rs 80 crore

IFIN, a subsidiary of IL&FS, the bankrupt infrastructure financing and construction company, had disbursed Rs 50 crore as loan to SSCL

Chhawchharia objects to Kapoor using designation of Jet Airways CEO

The monitoring committee consists of seven members: Chhawchharia is a non-voting member, three voting members selected by lenders and three voting members selected by JKC

SBI, ICICI, HDFC Bank continue to be systemically important banks

Lenders regarded as too big to fail; classification based on data they gave in March 2022

Care Ratings upgrades Hinduja Leyland Finance's long-term debt to AA

HLF is undergoing a reverse merger, which will help it get listed soon. The company also mobilised Rs 910 crore fresh capital from QIBs in October 2022, and improved its capital adequacy

Zomato co-founder, chief technology officer Gunjan Patidar resigns

His exit is the latest in a string of high-profile resignations in recent times

Operational creditor has filed Rs 211-cr insolvency case: Zee Entertainment

Firm says it will fileits reply rejecting the claim on the ground that there was a pre-existing dispute between the parties on the claimed amount

IAMAI backs personal data protection bill, calls it industry-friendly

Business group seeks 'flexible approach' in getting parental consent for accessing personal data of children

TVS Motor sales decline 3.6% in December as motorcycles hit rough patch

Motorcycle sales dipped by 6.7% to 124,705 units in Dec 2022; iQube electric sales provide silver lining, rise 10-fold YoY

Former Tata Sons director Krishna Kumar passes away due to cardiac arrest

Krishna Kumar, well known as K K, served as the managing director (MD) of Tata Global Beverages from May 1991 to January 1998

Immediately fix incorrect map of India: Rajeev Chandrasekhar tells WhatsApp

The minister reiterated that all social media platforms that do business in India must use correct maps

Ajay Kumar Srivastava becomes new MD and CEO of Indian Overseas Bank

After successful completion of about 27 years in Allahabad Bank he was elevated as Executive Director of IOB in October 2017

Rocket Software eyes $1 bn turnover in 18 months, to expand India presence

US-based firm's current revenue at $800 mn; company hopes to grow India customer base by 2-3x

With NSE for years, Ramamurthy now set to take over as BSE chief on Jan 4

He is among the early architects of NSE, handling various positions from 1995 to 2014; Till recently, he was Chief Operating Officer-India at Bank of America

CASA drives 9.4% YoY moderation in deposit growth even as FDs stay buoyant

Credit growth sustains momentum at 17.4%, but it has come off the peak

Tata Motors completes Rs 725 cr acquisition of Ford's Sanand plant

All eligible employees of Ford India's vehicle making plant have been offered jobs at TPEML on terms, conditions and benefits of service similar to those currently availed by them

TAFE acquires Group Forvia's Indian interior systems business Faurecia

Deal size not disclosed; transaction for two sites completed, third likely to close soon

Dish TV appoints ex-bureaucrat Lalit Behari Singhal as independent director

Earlier this month, Dish TV had announced the appointment of three new independent directors to the company's board