Page 2 - Business News Today

May restrict services to Vodafone Idea if dues unpaid: Indus Towers to Trai

Indus Towers has also criticised the telco for 'wilful and continuous' failure to make the due payments

Torrent files urgent plea in SC against Hinduja plan for Reliance Capital

Company says insolvency tribunal approved plan when appeals against it are pending

Edelweiss Financial Services to raise up to Rs 200 crore via NCDs

At least 75% of the funds raised will be used for the purpose of repayment/prepayment of interest and principal of existing borrowings of the company

Dunzo seeks to raise $35 mn in rights issue at a $200 mn valuation

The ailing startup has heavily cut the scale of its quick-commerce operations to save cash over the past year

Goodluck India to expand Defence & Aerospace wing by raising Rs 96 crore

Goodluck Defence and Aerospace Private Ltd will manufacture machinery for the defence and aerospace industry

Vedanta close to raising $3 bn from JP Morgan, Standard Chartered: Report

The money will be used to escape default on Vedanta's upcoming payments

As business booms for Indian hotels, you can't check in any time you like

Domestic tourism is booming, helping hospitality groups to beat pandemic downturn

Adani Energy Solutions commissions Khargar-Vikhroli transmission line

AESL, formerly known as Adani Transmission Ltd, said the project is critical for Mumbai as its existing capacity is not sufficient

M&M extends maternity leave policy to cover adoption, surrogacy

The new maternity benefits policy gives 6 months of flexible work option and 24 months of hybrid work option to all new mothers

After Reliance's entry into MF industry, Tatas evaluating bid for UTI AMC

It comes at a time when several new players have entered the market and consumers prefer real estate and bullion for investment

Business loans for startups and new businesses by the Indian government

Every business needs a loan to flourish and grow and the need is more if it is a new business or startup. The government has issued several loan schemes to help MSMEs. Check details below

Amara Raja Batteries rebrands as Amara Raja Energy & Mobility Ltd

The name change aims to better reflect the expansion of the organisation and encompass the range of solutions and products offered such as renewable energy storage solutions and EV chargers

Google, Facebook, X, Edtech Cos likely to pay up to 18% IGST from October 1

OIDAR service provider companies such as Google, X, and Facebook may have to pay integrated GST up to 18 per cent on services provided to the government and individuals in India

Tesla rival VinFast mulls setting up manufacturing plant in India

VinFast Auto became the world's third largest automaker by market capitalisation behind Tesla and Toyota in August

Focused on cutting costs, Byju's to skip campus placements this year

Even if Byju's were to visit their campuses, it is unlikely that students would be keen to sit for their placements, an official aware of the matter said

Glenmark announces license agreements for Winlevi in Europe and S Africa

Cassiopea, a subsidiary of Cosmo, will receive an upfront payment of $5 million and agreed double-digit royalties on net sales

10 Best business ideas for teens and young entrepreneurs for side income

If you want to get financial independence at an early age you can begin your small business. Here are the 10 best business ideas for teens and young entrepreneurs

Infosys to begin fresh appraisal cycle; last year hikes still pending

Citing macroeconomic conditions, many IT companies have opted to hand out small increment or defer salary hikes this year

This Gulf fund is considering additional investments of $600 mn in RRVL

ADIA already holds a 1.20 per cent stake in Reliance Retail Ventures Limited (RRVL), which it bought in October 2020 for Rs 5,512.50 crore ($751 million)

SC allows SpiceJet to pay Credit Suisse in instalments over 6 months

After six months of payments, SpiceJet's Ajay Singh has to pay regular instalments of $500,000 to Credit Suisse