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Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Earlier this month, Rosmerta Digital Services Ltd had sought to initiate insolvency proceedings against Ola Electric Technologies Pvt Ltd. On Tuesday, March 25 Ola said it has amicably settled all dues with its former vehicle registration service provider.
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Ola Electric Shares Drop Over 7% Amid Insolvency Petition; Hit 52-Week Low
Shares of Ola Electric Mobility Ltd tanked after the firm said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly-owned arm Ola Electric Technologies Pvt Ltd.
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Hyundai Motor India Gets SEBI Nod To Float IPO
Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, has received capital markets regulator Sebi's approval to float an initial public offering (IPO), people familiar with the development said on Wednesday.
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Adani Energy Solutions Arm To Acquire 100% Stake In Pointleap Projects
Adani Electricity Mumbai Ltd on Thursday signed an agreement to acquire 100 per cent stake in Pointleap Projects Pvt Ltd (PPPL) for a consideration of Rs 13.15 crore.
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Paytm Payments Bank Deadline Today, These Services To Stop Working
Paytm, a major player in India's fintech scene, is facing a setback as its banking arm, Paytm Payments Bank Ltd (PPBL), is stopping key services from today.
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Israel's Elbit Systems Takes 44% Stake In Adani Defence Arm Atharva Advanced Systems
Israel's defence and homeland security company Elbit Systems Ltd has taken a 44 per cent stake in Atharva Advanced Systems and Technologies Ltd, an arm of Adani Defence Systems and Technologies Ltd.
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Softbank-Owned Chip Firm Arm Reveals Filing for Blockbuster US IPO: Details
SoftBank Group Corp's Arm Holdings Ltd reported a 1 percent fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year.
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Reliance Unit To Build Smart City Near Gurugram
One of the four Japanese companies that are to be situated in a smart city being developed by an arm of Reliance Industries Ltd near Gurugram, has done ground-breaking for a medical devices unit.
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ISRO Set for Commercial Launch of 36 OneWeb Broadband Satellites Aboard Heaviest Rocket LVM3-M2
ISRO, or the Indian Space Research Organisation, is set to launch 36 OneWeb broadband satellites on October 23, which will be flown into orbit by the agency's heaviest rocket, the LVM3-M2. Sunday's launch assumes significance as the LVM3-M2 mission is the maiden dedicated commercial mission for NewSpace India Ltd, the commercial arm of ISRO.
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Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Singtel Arm Sells 1.59% Stake In Bharti Airtel For Rs 7,261 Crore
Pastel Ltd, an entity of Singtel, on Thursday divested 1.59 per cent stake in Bharti Airtel for Rs 7,261 crore through an open market transaction.
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Australian Retail Giants Targeted in Facial Recognition Tech Complaint
CHOICE, in a complaint to the Office of the Australian Information Commissioner (OAIC) published on Monday, said use of the technology at JB Hi-Fi's appliances chain The Good Guys as well as hardware chain Bunnings and the Australian arm of big-box retailer Kmart - both owned by Wesfarmers Ltd - was unwarranted and in violation of privacy law.
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Tata's Big Plans To Acquire 5 Consumer Brands Amid Rivalry With Reliance
Tata Consumer Products Ltd., the food and beverage arm of the $103 billion Indian conglomerate, wants to go on an acquisition spree to bolster its position in the country's competitive consumer goods sector.
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Reliance Jio World In Mumbai To Be Guarded By Security Force CISF
The Union government has sanctioned armed security cover of over 200 CISF personnel to guard the recently launched Jio World Centre, a business and entertainment centre in Mumbai developed by Reliance Industries Ltd (RIL).
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Reliance Retail To Launch 7-Eleven Convenience Stores Across India
Reliance Industries Ltd's retail arm said on Thursday it has entered a franchise agreement with 7-Eleven Inc to launch the convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.
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Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Earlier this month, Rosmerta Digital Services Ltd had sought to initiate insolvency proceedings against Ola Electric Technologies Pvt Ltd. On Tuesday, March 25 Ola said it has amicably settled all dues with its former vehicle registration service provider.
-
Ola Electric Shares Drop Over 7% Amid Insolvency Petition; Hit 52-Week Low
Shares of Ola Electric Mobility Ltd tanked after the firm said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly-owned arm Ola Electric Technologies Pvt Ltd.
-
Hyundai Motor India Gets SEBI Nod To Float IPO
Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, has received capital markets regulator Sebi's approval to float an initial public offering (IPO), people familiar with the development said on Wednesday.
-
Adani Energy Solutions Arm To Acquire 100% Stake In Pointleap Projects
Adani Electricity Mumbai Ltd on Thursday signed an agreement to acquire 100 per cent stake in Pointleap Projects Pvt Ltd (PPPL) for a consideration of Rs 13.15 crore.
-
Paytm Payments Bank Deadline Today, These Services To Stop Working
Paytm, a major player in India's fintech scene, is facing a setback as its banking arm, Paytm Payments Bank Ltd (PPBL), is stopping key services from today.
-
Israel's Elbit Systems Takes 44% Stake In Adani Defence Arm Atharva Advanced Systems
Israel's defence and homeland security company Elbit Systems Ltd has taken a 44 per cent stake in Atharva Advanced Systems and Technologies Ltd, an arm of Adani Defence Systems and Technologies Ltd.
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Softbank-Owned Chip Firm Arm Reveals Filing for Blockbuster US IPO: Details
SoftBank Group Corp's Arm Holdings Ltd reported a 1 percent fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year.
-
Reliance Unit To Build Smart City Near Gurugram
One of the four Japanese companies that are to be situated in a smart city being developed by an arm of Reliance Industries Ltd near Gurugram, has done ground-breaking for a medical devices unit.
-
ISRO Set for Commercial Launch of 36 OneWeb Broadband Satellites Aboard Heaviest Rocket LVM3-M2
ISRO, or the Indian Space Research Organisation, is set to launch 36 OneWeb broadband satellites on October 23, which will be flown into orbit by the agency's heaviest rocket, the LVM3-M2. Sunday's launch assumes significance as the LVM3-M2 mission is the maiden dedicated commercial mission for NewSpace India Ltd, the commercial arm of ISRO.
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Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Singtel Arm Sells 1.59% Stake In Bharti Airtel For Rs 7,261 Crore
Pastel Ltd, an entity of Singtel, on Thursday divested 1.59 per cent stake in Bharti Airtel for Rs 7,261 crore through an open market transaction.
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Australian Retail Giants Targeted in Facial Recognition Tech Complaint
CHOICE, in a complaint to the Office of the Australian Information Commissioner (OAIC) published on Monday, said use of the technology at JB Hi-Fi's appliances chain The Good Guys as well as hardware chain Bunnings and the Australian arm of big-box retailer Kmart - both owned by Wesfarmers Ltd - was unwarranted and in violation of privacy law.
-
Tata's Big Plans To Acquire 5 Consumer Brands Amid Rivalry With Reliance
Tata Consumer Products Ltd., the food and beverage arm of the $103 billion Indian conglomerate, wants to go on an acquisition spree to bolster its position in the country's competitive consumer goods sector.
-
Reliance Jio World In Mumbai To Be Guarded By Security Force CISF
The Union government has sanctioned armed security cover of over 200 CISF personnel to guard the recently launched Jio World Centre, a business and entertainment centre in Mumbai developed by Reliance Industries Ltd (RIL).
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Reliance Retail To Launch 7-Eleven Convenience Stores Across India
Reliance Industries Ltd's retail arm said on Thursday it has entered a franchise agreement with 7-Eleven Inc to launch the convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.
