Digital payments in India could rise to $135.2 billion in 2023, according to an Assocham-PWC India study in 2019.
Flipkart has partnered with Hero Electric, Mahindra Electric, as well as Piaggio for the specific vehicles to be deployed or its first and last-mile delivery fleet across the country.
Sona BLW: The IPO of shares of face value of Rs 10 each consists of a fund-raiser through fresh issue amounting to Rs 300 crore and an offer for sale aggregating up to Rs 5,700 crore by selling shareholder Singapore VII Topco III Pte Ltd
Mahindra Electric's "Treo Zor", a three-wheeler vehicle powered by a lithium-ion battery, has been deployed in major metro cities like Bengaluru, New Delhi and Hyderabad
Reliance, owned by billionaire Mukesh Ambani, will retain full control of the business post-restructuring, the company said in the presentation.
The company's board of directors has approved the issuance of up to 45 crore OCCRPs of the face value of 10 each to promoter Fairbridge Capital Mauritius Ltd through private placement on a preferential basis
In December, an arbitration body awarded the British firm damages of $1.2 billion plus interest and costs, after ruling India had breached its obligations to Cairn under the U.K.-India Bilateral Investment Treaty
The apex court on November 15, 2019 had held former Ranbaxy promoters guilty of contempt of court for violating its order asking them not to divest their shares in FHL.
The allotment of equity shares will be on February 23, and such equity shares shall be listed on the bourses on February 26
L&T did not provide the value of the contracts but said the orders fall under the 'significant' category, which ranges between Rs 1,000 crore and Rs 2,500 crore
Apple, which has steadily raised production of iPhones in India to lessen its dependence on Chinese manufacturing, took part in that scheme via its contract manufacturers.
"RBI has approved the DHFL resolution plan from Piramal Capital and Housing Finance, submitted by the committee of creditors," the Piramal Group said in a statement.
With Amazon facing increasing scrutiny by regulators, news of the strategy detailed in the documents could deepen the risks for the company in one of its key growth markets.
Cairn asked the US court to recognise and confirm the award, including payments due since 2014 and interest compounded semi-annually, according to a February 12 filing
The move marks Amazon's first foray into making its devices in India, which is working to boost local electronics manufacturing.