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Corporate Affairs
Nazara Technologies gets GST notice of Rs 1,120 crore
Nazara disclosed that these claims relate to the calculation of GST based on the sums pooled by players rather than on gross gaming revenues.
NCLT admits insolvency proceedings against Byju’s
The petition filed by the Board of Control for Cricket in India (BCCI) against the edtech firm Byju’s over Rs 158 crore debt.
HUL sells Pureit to AO Smith for Rs 601 crore
According to a regulatory filing, the completion of the transaction is expected to be completed within three months, subject to any extension as per the terms of the transaction documents.
BluSmart raises Rs 200 crore from MS Dhoni Family Office
Founded in 2019, BluSmart operates in Delhi NCR and Bengaluru and made its international foray with the launch in Dubai in June 2024 as a premium all-electric limousine service.
Swiggy announces $65 million employee stock ownership plan
As part of this initiative, Swiggy employees across levels and functions will have the option to receive liquidity of up to $65 million for their ESOPs.
MSMEs: Hidden gems need better mentorship to shine
MSMEs weave local dynamism into economic fabric via their spirit of entrepreneurship, innovation and collaboration.
Tata Power invests over Rs 4,200 crore in network expansion, upgrade in Odisha
The company has commissioned 166 new primary substations with 55 per cent of them being automated.
TCS profit up 9%, FY25 will be better than FY24: CEO
The company’s revenue from operations for Q1 FY25 beat Street estimates and was at Rs 62,613 crore, a 5.4% increase YoY compared to Rs 59,381 crore.
Accenture expands silicon design capabilities with acquisition of Cientra
Founded in 2015, Cientra is headquartered in the US and has offices in Frankfurt, Germany as well as in Bengaluru, Hyderabad and New Delhi.
Vedanta announces demerger plan to create six new companies
Vedanta is one of the largest generators of power and purchasers of renewable energy in the country now.
जीएसटी: विकसित भारत के लिए एक महत्वपूर्ण संचालक; विशेषज्ञ एवं व्यापार जगत
चंडीगढ़: पंजाब, चंडीगढ़ और हरियाणा के व्यापार और उद्योग संघ के सदस्यों ने बुधवार को यहां एक निजी होटल, सेक्टर 43 में “जीएसटी- विकसित भारत के लिए एक महत्वपूर्ण संचालक” विषय पर एक कार्यशाला का आयोजन किया।
सत्र का उद्घाटन मनोज कुमार…
Xiaomi eyes 70 crore device shipments by 2034 in India
As Xiaomi is celebrating its 10th anniversary in the country, it unveiled the Redmi 13 5G, wireless headphones, power banks, and smart robot vacuum cleaner on Tuesday.
Thames Water will seek fresh funding to keep business afloat
Thames Water provides water and sewage services to some 16 million customers in London and the Thames Valley region.
Glean Technologies launches new office in Bengaluru
The office will be the centre of operations for India, and will house finance, sales, R&D and business operations functions, Glean said.
India needs Rs. 44,000 Cr by 2030 to build domestic tech brands, recommends MeitY task force
The task force suggests eliminating current barriers and formulating strategies for managing and leveraging standard essential patents to safeguard domestic interests.
AstraZeneca expands Chennai Global Innovation and Tech Centre footprint
The investment marks a major milestone in AstraZeneca’s growth story in India as it celebrates its 45th year in the country this month.
Demerger of Raymond’s realty arm: Shareholders to get shares at 1:1 ratio
Raymond’s realty division reported a revenue of Rs 1,593 crore (43% YoY growth) and EBITDA of Rs 370 crore in FY23-24.
Domestic natural rubber shortages could impede tyre manufacture
Currently a severe crunch is being witnessed despite the fact that natural rubber prices have touched multi-year high.
Capgemini announces Rs 1000 crore investment for new facility in Chennai
The IT and consulting services firm said the 5,000-seat facility in Chennai will be completed by April 2027.
Unionised workers at Samsung to stage 3-day strike next week
Seoul: Unionised workers of Samsung Electronics will stage a three-day general strike next week as their negotiations with the management over wages and working conditions fell through.
The National Samsung Electronics Union (NSEU),…