Page 175 - Company News

MakeMyTrip partners with Zomato to offer on-train meal delivery service

After booking, passengers can avail services such as on-train food delivery in partnership with Zomato, live Passenger Name Record (PNR) status updates, and real-time train tracking

BeyondSquare raises $4 mn from Avant to expand financial reporting services

Bengaluru-based firm will use investment to improve its software platform and expand in global markets

Adani-led Sri Lanka container terminal to double capacity ahead of deadline

Once the final phase is complete, the terminal will have the capacity to handle 3.2 million containers annually

I-T dept conducts survey op against Marico Group over alleged tax evasion

The tax department teams are scrutinising financial documents and transactions of the company as part of a tax evasion probe

ICICI Bank gets ₹49 crore GST demand over alleged short payment of tax

The bank will take appropriate steps, including contesting the order through a further appeal within prescribed timelines

KPI Green Energy to raise $363 million from SBI, says CFO Salim Yahoo

The loan approval comes amid the Indian government's green energy push targeting 500 gigawatts of non-fossil capacity by 2030

Stuck in traffic, potholes: Startup exits Bengaluru's ORR after 9 years

'Nine years in Bellandur, but time to go': BlackBuck CEO blames bad roads and long commutes as company looks to move out of Bengaluru's ORR

Thales signs 11-year avionics maintenance support contract with IndiGo

Besides, its contract with IndiGo for fleet-wide Electronic Flight Bag rollout has been extended by another five years

Prosus NV doubles stake in Urban Company ahead of $1.8 billion IPO

The Amsterdam-based technology group now owns 7.35 per cent of Urban after adding about 4 per cent in the latest deal

Govt clears ships for Nayara fuel supply, dollar trade limits remain

The Directorate General of Shipping has approved four foreign-flagged ships being used for the coastal movement of fuel produced by Nayara

Adani Group to invest additional ₹30,000 cr to expand domestic ports ops

The majority of this investment will go into the Mundra (Gujarat), Dhamra (Odisha), and Vizhinjam (Kerala) ports

FIR against Gameskraft ex-CFO for siphoning off ₹250 cr: All that happened

Gameskraft's former CFO Ramesh Prabhu allegedly siphoned more than ₹250 crore into personal F&O trades, forcing the firm to write off losses exceeding ₹270 crore and file an FIR

GSK plans $30 billion US investment as pharma tariff threat looms

The company said its new facilities will bridge R&D and manufacturing across both the US and UK, strengthening the two countries' leadership in life sciences

Jio BlackRock expects India's mutual fund industry to triple by 2032

India's equity markets have more than doubled to $5.3 trillion over the last five years, drawing millions of retail investors

Gameskraft ex-CFO accused of diverting ₹250 crore for unauthorised trading

Bengaluru-based Gameskraft filed a police case against ex-CFO Ramesh Prabhu after he allegedly diverted Rs 250 crore into personal accounts for unauthorised derivatives trading

WhatsApp adds payments, calling and AI tools for businesses in India

Meta unveiled new WhatsApp Business features in India including in-app payments, calling and AI tools, while expanding partnerships with state governments for citizen services

Unilever appoints Srinivas Phatak as chief financial officer, board member

Unilever has confirmed Srinivas Phatak as CFO and member of its board and leadership executive after a six-month acting tenure, citing his industry expertise and strong performance

FMCG majors cut prices as firms pass on GST benefit to consumers

Mother Dairy, Hindustan Unilever and others announced price cuts across dairy, foods, ice creams, soaps and shampoos, as GST benefits are passed on to consumers from September 22

Fintech firm Razorpay integrates Apple Pay to support foreign transactions

Razorpay has integrated Apple Pay for cross-border transactions, enabling Indian merchants to tap global users with faster checkout and higher conversion rates

Novartis' Vymada patent revoked, generics set to slash prices by 70%

Novartis lost its Vymada patent in India, enabling generic drugmakers to launch versions that could slash prices by up to 70 per cent and improve access for cardiac patients