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Chanda Kochhar, 10 others booked for
Business

Chanda Kochhar, 10 others booked for 'cheating' tomato paste company (Ld)

New Delhi, Dec 28: Former ICICI Bank Managing Director and CEO Chanda Kochhar is yet again at the centre of a legal storm with a new case being registered against her in the national capital, accusing Kochhar and ten others of cheating a tomato paste company, leading to a staggering loss of Rs 27...
Zomato stock down after Rs 400 cr show-cause notice for GST dues
Business

Zomato stock down after Rs 400 cr show-cause notice for GST dues

New Delhi, Dec 28: Zomato shares were trading more than 4 per cent down on Thursday morning after it received Rs 400 crore show-cause notice from the goods and services tax (GST) authorities over unpaid dues collected as "delivery charges". The Directorate General of GST Intelligence (DGGI) last...
Periscope Lens setting new trends in flagship-level smartphones
Business

Periscope Lens setting new trends in flagship-level smartphones

New Delhi, Dec 28: Over the years, smartphone cameras have undergone a remarkable evolution. What started as simple devices for capturing basic images have now transformed into sophisticated systems capable of professional-grade photography. This progression has seen the introduction of features...
Tata Motors wins UP govt order to supply 1,350 buses
Business

Tata Motors wins UP govt order to supply 1,350 buses

Mumbai, Dec 26: Tata Motors -- India's largest commercial vehicle manufacturer -- announced on Tuesday that it has secured an order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,350 diesel bus chassis. “This order to supply Tata LPO 1618 bus chassis was won by Tata...
India Inc to seek 3.9 mn jobs in first half of 2024: Report
Business

India Inc to seek 3.9 mn jobs in first half of 2024: Report

Bengaluru, Dec 26: Demand for frontline workers continues to remain strong in India at 3.9 mn jobs in H1FY24 despite ongoing macroeconomic headwinds, according to a report on Tuesday. The year-end insights report by SaaS and frontline workforce management platform BetterPlace, which analysed over...
Adani Group infusing Rs 9,350 crore into Adani Green Energy
Business

Adani Group infusing Rs 9,350 crore into Adani Green Energy

Mumbai, Dec 26: Adani Green Energy announced on Tuesday that the promoters of the company will infuse Rs 9,350 crore into it through preferential issuance of warrants at a price of Rs 1,480.75 per share. The funds will be used to deleverage the balance sheet and fund capital expenditure, the...
India’s current account deficit narrows to $8.3 bn in July-Sept quarter
Business

India’s current account deficit narrows to $8.3 bn in July-Sept quarter

Mumbai, Dec 26: India's current account deficit narrowed in the July-September quarter of the current financial year due to a lower merchandise trade deficit and an increase in services exports, the RBI said on Tuesday. The current account deficit (CAD) stood at $8.3 billion or 1 per cent of GDP...
Axis Bank files insolvency petition against Zee Learn
Business

Axis Bank files insolvency petition against Zee Learn

New Delhi, Dec 26: Zee Learn said on Tuesday that a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 has been filed by Axis Bank Ltd to initiate Corporate Insolvency Resolution Process (CIRP) of the company, before the National Company Law Tribunal, Mumbai. "In this context,...
Govt launches scheme to boost Medtech startups
Business

Govt launches scheme to boost Medtech startups

New Delhi, Dec 25: The government launched the MedTech Mitra platform on Monday as part of a strategic initiative to empower India’s MedTech innovators and reduce the country’s dependence on imported medical devices. “MedTech Mitra is a platform that will help the young talents of the country by...
Bose invests $10 mn in Noise, takes Indian brand’s valuation past $400 mn
Business

Bose invests $10 mn in Noise, takes Indian brand’s valuation past $400 mn

New Delhi, Dec 25: Bose, a global pioneer in consumer electronics and audio, has invested $10 million in homegrown consumer electronics brand Noise, taking its valuation to nearly $426 million. Noise’s first-ever funding was part of the Series A round, where it allowed 2,400 Series A preference...
Shrimp farms in Andhra district raking in Rs 10,000 cr a year through exports
Business

Shrimp farms in Andhra district raking in Rs 10,000 cr a year through exports

New Delhi, Dec 25: Shrimp farms in Andhra Pradesh’s Srikakulam district are using modern methods to produce about 40,000 tonnes of shrimp annually for exports, which fetch them around Rs 10,000 crore, according to the Ministry of Fisheries, Animal Husbandry and Dairying. All the farms are located...
Adani Green Energy Ltd completes PPA with SECI for 8000-MW solar power
Business

Adani Green Energy Ltd completes PPA with SECI for 8000-MW solar power

Mumbai, Dec 25: The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) 1,799-MW solar power for a period of 25 years, an official said on Monday. With this, the AGEL has completed the power offtake tie-up for the entire...
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