Page 1666 - Company News

NCPCR summons BYJU's CEO Raveendran over allegation of malpractice

Apex child rights body NCPCR has summoned edtech BYJU's CEO over allegations that it is indulging in malpractices to lure parents and children to buy their courses

IRCTC stock is still richly valued despite fall since news of OFS

While business prospects remain unchanged, one-year average target price of analysts is Rs 600

IRM Energy files draft papers with Sebi, eyes up to Rs 700-crore via IPO

Gas distribution company IRM Energy Ltd has filed preliminary papers with Sebi to raise up to Rs 700 crore via an initial public offering (IPO)

IDBI Bank third lender to drag Siti Networks to bankruptcy court

Yet to receive notice from NCLT, firm says; HFDC, IndusInd Bank had filed petitions earlier

One day in office, remote work for rest of the week for Meesho employees

E-commerce firm's Flexi-Office model offers employees financial support for relocating

The rise and rise of QSR: Number of start-ups up 23% since 2016

There were 34 companies added to the segment in 2016

Consumer interest watchdog's notices to Flipkart, Meesho for acid sale

Several states/UTs have already issued guidelines to regulate the sale of acids

Quick commerce finds it footing amid funding winter, now needs to scale

The sector has fared well both on the fund raising front and on operational performance

$1-million penalty: KPMG India settles with US audit regulator PCAOB

The PCAOB found that Lakhani and certain other engagement team members signed off on blank placeholder work papers in KPMG India's electronic audit software

Court lifts I-T department's block on Xiaomi's Rs 3.7K-crore funds

A court is yet to pronounce a decision on the case following Xiaomi's challenge

USOF successor to focus on indigenising tech, hiring global bandwidth

Govt plans to include fund in upcoming telecom Bill despite telcos' opposition, officials said

ONDC requires massive efforts before it goes public, says DPIIT secy

Says network needs a certain number of people before it is taken to the public; fashion, home & kitchen, electronics, beauty & personal care categoroes likely to go live in next 4-8 weeks

Tata Motors subsidiary signs deal with BMTC to supply 921 electric buses

Automobile major Tata Motors announced that Bengaluru Metropolitan Transport Corporation has signed an agreement with its subsidiary company for operation of 921 low-floor electric buses in the city

Air India jumbo order includes 190 Boeing MAX, 30 787s, say sources

The deal is also expected to include an unspecified number of Boeing 777X long-range jets, according to sources

ReNew signs pact with Microsoft India to supply 150 MW green energy

ReNew said it will produce the clean energy at its recently commissioned solar site near Bikaner in Rajasthan to supply it to the technology company

YouTube Music may soon allow users the ability to create custom radio

Google-owned music streaming platform YouTube Music might soon allow users the ability to create a custom radio

BYJU's problems to continue in 2023 as lenders seek $1.2 bn loan repayment

No end to BYJU's troubles as after sacking employees, alleged harsh and "abusive" work culture, reports on "working capital crisis" emerge with lenders asking the edtech unicorn to repay part of loan

RBI asks Razorpay, Cashfree to temporarily stop onboarding of new customers

The Reserve Bank of India has asked Razorpay and Cashfree to temporarily stop the onboarding of new customers for their payment processing business, according to a source.

WHO stands by action of issuing alert against Maiden Pharma cough syrup

Asserts that testing done in labs in Ghana and Switzerland confirmed excess levels of contaminated syrups that are "dangerous and should not be in any medicine, ever"

PNB Housing Fin opens 'Roshni' branches for affordable housing loans

PNB Housing Finance said it has opened 'Roshni' branches in various locations, including tier II and III cities, for deepening its customer base in the affordable housing segment