Page 682 - Company News

IndiGo to challenge order imposing penalties related to input tax credit

In Odisha, a penalty of Rs 1,77,046 was imposed on the company related to Goods and Services Tax (GST)

CIL actively pursuing acquisition of critical minerals, says chairman

Critical minerals, including lithium, play a crucial role in the production of clean energy technologies, from wind turbines to electric cars

French retailer Decathlon to invest around Rs 900 cr in India in 5 years

Aims to take local sourcing up to 85% by 2026 from 68% currently

ICICI Securities settles matter with Sebi on alleged non-compliance

The broking outfit agreed to pay Rs 69.82 lakh for settling the charges

Paytm to refocus on delivering sustainable, profitable biz model: Sharma

This comes after One97 Communications, the company operating Paytm brand, handed pink slips to employees in the March quarter of FY24

Amazon's home, kitchen segment witnesses 25% growth in FY24 in Odisha

The company also registered a 15 per cent growth in new customers in Odisha which is one of the fastest-growing states

Kilburn Engineering to acquire Monga Strayfield for Rs 123 crore

In a statement, Kilburn said the acquisition is aimed at a strategic and synergistic partnership that will enhance Kilburn's portfolio and broaden its reach across various industries

Cognizant appoints Rajesh Varrier as global head of operations & CMD, India

The appointment was announced as Rajesh Nambiar leaves Cognizant to become president of nasscom

Paytm to sell entertainment ticketing business to Zomato for Rs 2,048 crore

One 97 Communications said in an exchange filing that it will now focus on strengthening the core payments and financial services distribution

NCLT approves delisting of ICICI Securities; firm's shares see major drop

ICICI Securities shareholders will receive 67 ICICI Bank Ltd shares for every 100 shares they hold as per the approved scheme

Cholamandalam to raise Rs 1,000 cr by selling largest private perp bond

The note, which doesn't have a maturity date, is being arranged by Axis Bank Ltd. and carries a coupon of 9.50 per cent, according to people familiar with matter

Shogun Organics develops, patents mosquito repellent molecule Renofluthrin

Shogun Organics holds the patent for Renofluthrin and has partnered exclusively with GCPL for its use in India

GRM Overseas appoints bollywood star Salman Khan as brand ambassador

The company said it plans to use Khan's influence to inspire consumers to make healthier food choices and join a movement prioritising sustainability and empowerment

Central Bank of India's bid for Future's insurance JV stakes gets CoC nod

The state-owned lender has to get Irdai's approval in 90 days to buy FEL's stake in insurance JVs

Decathlon to invest 100 mn euros in India in 5 years to expand retail, mfg

The company plans to have a network of 190 stores, having presence in over 90 stores in next 5 years as part of its expansion, he added

Central Bank of India top bidder for Future's stake in insurance ventures

The NCLT has passed the order after allowing the petition filed by the Bank of India (BoI), following loan defaults by FRL -- the flagship firm of the Kishore Biyani-led group

Air India begins offering wireless inflight entertainment service

Vista has been introduced in the existing wide body fleet to provide customers with uninterrupted entertainment until the retrofit, it added

Capgemini, SAP tie up to provide skill training to 8,000 persons over 3 yrs

Capgemini-SAP Digital Academy programme to provide employment-linked skill training to 8,000 marginalised youth in India over the next three years

France's sporting goods retailer Decathlon to invest $111 mn in India

The retailer, which entered India in 2009, sells a host of sports accessories ranging from footballs and yoga mats to bicycles and exercise equipment

JK Tyre to invest Rs 1.32 cr to acquire 26% stake in solar energy venture

JK Tyre and Industries is set to invest Rs 1.32 crore for 26% stake in solar power firm Truere Galaxy, that was incorporate less than five months ago