Page 2246 - Company News

MG Motor India posts 43% increase in retail sales in 2021 at 40,273 units

MG Motor India on Saturday reported 43 per cent increase in retail sales in 2021 at 40,273 units.

Crypto exchange WazirX fined Rs 49.20 crore for Rs 40,5 cr tax evasion

The GST officials said the Mumbai Commissionerate while investigating the business activities of a cryptocurrency exchange, WazirX, detected GST evasion of Rs 40.5 crore.

After Hindustan Unilever, Colgate items to go off shelves in Maharashtra

Distributors in state to stop supplying Colgate products in phases from January 1

Sebi restructures its advisory committee on market data

Sebi has said the panel will now be chaired by S Sahoo, Professor at National Law University, Delhi

India Inc expects 2022 to be a growth story: Business Standard CEO poll

India Inc to hire more and increase capacity in the new year to meet rising demand

Asheesh Pandey takes charge of Bank of Maharashtra's executive director

Pandey replaced Hemant Kumar Tamta who demitted office after completion of his term

West End Housing applies for small finance bank licence with RBI

Currently, there are about a dozen small finance banks in the country

CMS Info Systems shares settle with over 10% gains in debut trade

At the NSE, it made its debut at Rs 220.20, a premium of 1.94 per cent

Asian Paints second most valuable paints company in the world

The company's stock price ended 0.5 per cent higher on Friday at Rs 3,382 on the BSE

Green energy capex on a charged-up rebound, says CRISIL analysis

Credit profiles seen stable, given strong accruals and investor interest

Cryptocurrency exchange WazirX under lens for evading Rs 40 crore in taxes

According to the CBIC, the matter relates to WazirX launching its own currency, but not paying GST on it.

Former US head of Sony PlayStation launches $225 million gaming SPAC

Jack Tretton, who started his career at Sony in 1995, is now the CEO of PowerUp Acquisition Corp.

Showing its mettle: Multiple tailwinds for Hindalco stock in 2022

Firm prices, deleveraging, and supply cuts by peers among triggers

Tech Mahindra acquires 100% stake in Allyis India and Green Investments

The company, in a BSE filing, said that the $125 mn acquisition will bolster Tech Mahindra's capabilities in digital experience solutions.

Reliance Industries arm acquires battery tech firm Faradion for GBP 100 mn

RIL will use Faradion's state-of-the-art technology at its proposed fully integrated energy storage giga-factory as part of the Dhirubhai Ambani Green Energy Giga Complex project in Jamnagar

Zomato, Swiggy hit 2 mn orders each on New Year's Eve as India stays home

Zomato logs 6,000 orders per minute at around 7pm; Swiggy says it hit 6,600 orders per minute.

Foxconn gets TN govt's approval to restart operations at Sriperumbudur unit

At least 260 people got affected and around 159 had got hospitalised early this month after an incident of food poisoning at one of the staff hostels of the Foxconn unit

CCI orders investigation into Apple's business practices in India

The complainant argued that Apple's imposition of a 30% in-app fee for distribution of paid digital content and other restrictions hurts competition by raising costs for app developers and customers

ICICI Prudential MF silver ETF to open for subscription next week

The new fund offer (NFO) will open for subscription on January 5 and conclude on January 22

Irdai directs Go Digit to withdraw product offering life insurance benefits

The Insurance Regulatory and Development Authority of India (Irdai) also asked the insurer to wthdraw advertisements regarding the product from all media