Page 940 - Company News

Workers at Apple supplier Flex's Tamil Nadu plant stage one-day strike

Many electronics manufacturers in India, including Foxconn and Pegatron, lack a union, while automobile factories have higher levels of organising, according to labour welfare workers

HC grants interim bail to Lava MD Hari Om Rai in money laundering case

The Delhi High Court on Friday granted interim bail for three months to Hari Om Rai, MD of Lava International mobile company, in a money laundering case involving smartphone maker Vivo.

A breather for Paytm Payments Bank? What RBI's FAQs for customers indicate

The company is shifting its nodal account to Axis Bank to continue merchant settlements

RBI extends deadline for Paytm Payments Bank restrictions to March 15

Merchants can accept payment if account linked to other banks

Novartis announces strategic review of Novartis India Limited

The strategic review will include an assessment of the 70.68 per cent shareholding of Novartis AG in the company, the drug firm said in a statement

Delhi High Court refuses to hear ADIF, IBDF pleas over CCI's inaction

Both ADIF and IBDF had moved the court alleging that the CCI had not heard their case against Google's billing policy since July 2023

DGCA issues notice to A-I over incident involving 80-year-old passenger

The Directorate General of Civil Aviation (DGCA) had sought a report from Air India on the incident

Akasa Air to operate first international flight to Doha on March 28

Currently, 68 flights per week are operated by four carriers between Mumbai and Doha

JSW to invest Rs 65,000 cr for integrated steel complex in Odisha

Plant will also have a captive power plant, cement manufacturing unit, township, jetties

Legal views split on disclosure of political donations by India Inc

Before the amendment the Act required a company to disclose any amount contributed to any political party along with the particulars of the amount donated and the name of the receiving party

Paytm shifts nodal account to Axis Bank for seamless transactions

Paytm QR, soundbox, card machine will continue to work as always, said One97 Communications

LIC launches a non-participating product 'Amritbaal' for children

The Minimum Sum Assured is Rs. 2,00,000, with no limit for the Maximum Basic Sum Assured

CRISIL Q4 results: Profit jumps 33% to Rs 210 cr on back of currency gains

The company also announced a final dividend of Rs 28/share, taking the total dividend for the year to Rs 54/share against Rs 48 in the previous year

LIC employee unions refuse 14% salary hike offer by management

LIC has a five-year wage revision policy and last raise was given to employees in 2017

Florintree Capital exits Data Patterns, sells entire stake for Rs 1,102 cr

According to the block deal data available with the BSE, Florintree Capital Partners LLP offloaded 59,96,622 shares, amounting to a 10.71 per cent stake in Data Patterns (India)

Paytm shifts nodal account to Axis Bank from Paytm Payments Bank

The RBI has advised customers and merchants of Paytm Payments Bank Ltd (PPBL) to shift their accounts to other banks by March 15

PM Modi lays foundation for NLC India's solar power plant in Rajasthan

The projects, he said, will not only give green and cheap power to the region but also provide great employment opportunities to the youth

RBI extends Paytm Payments Bank restriction deadline to March 15

The earlier deadline was Feb 29

LIC gets tax refund of Rs 21,740 crore from Income Tax department

Out of this, the Income Tax Department has released Rs 21,740.77 crore. The company further added that it is pursuing the balance with the Income Tax Department

Royal Enfield partners with K-Rides Motosiklet to enter Turkiye market

The first flagship store is set to open in Istanbul this spring, Royal Enfield said in a statement