Tata Power and Tata Motors have collaborated to develop a 7 MWp solar rooftop project at the latter's passenger vehicle plant in Chikhali, Pune. This is the third phase of a joint 17 MWp on-site solar project developed by the two companies, of which 10 MWp has already been installed, a company statement said. The [...]
JSW Group on Monday announced the appointment of Gaurav Sachdeva as CEO of its e-commerce venture JSW One Platforms. "Gaurav Sachdeva takes over the role of CEO at JSW One Platforms after his successful tenure at JSW Ventures, where he led venture capital investments for the fund," JSW Group said in a statement. JSW One [...]
Digital payments firm Paytm expects that the issue of RBI ban on its subsidiary Paytm Payments Bank to onboard new customers would be resolved in 3-5 months after the clearance by the banking regulator to the processes being put in place. Paytm group chief financial officer Madhur Deora told PTI on Sunday that the RBI [...]
The board of IT services major Infosys has approved the reappointment of Salil Parekh as Chief Executive Officer (CEO) and Managing Director of the company for five more years, till March 31, 2027, according to a regulatory filing. This is based on the recommendations of the Nomination and Remuneration Committee (NRC) and subject to the [...]
As the unrelenting heat wave sweeps across major parts of the country, demand for cooling products such as refrigerators, air conditioners, coolers and fans has shot up and sales have more than doubled this summer season, according to a report by Tata group consumer electronics goods retailer Croma. As per Croma's 'Unboxed Summer 2022' report, [...]
Digital financial services firm One97 Communications, which operates under Paytm brand, on Saturday said it has formed a joint venture general insurance company in which it has committed to invest Rs 950 crore over a period of 10 years. The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by [...]
Indraprastha Gas Ltd, the nation's largest CNG retailer, will invest about Rs 8,000 crore in the next five years to expand the city gas network of CNG stations and pipelines, taking environment-friendly fuel to household kitchens and factories, the company's Managing Director Sanjay Kumar said on Friday. Indraprastha Gas Ltd (IGL) currently has major operations [...]
Hackers and fraudulent customers have stolen Rs 7.38 crore by tampering and manipulating the authorisation process of Razorpay Software to authenticate 831 failed transactions, according to a police complaint lodged by the payment gateway company. In his complaint to the South East Cyber Crime Cell lodged on May 16, Razorpay's Head of Legal Disputes and [...]
Markets regulator Sebi has declared the highest bidder for a land parcel belonging to Ramel Industries for a bid value of Rs 4.3 crore, as part of its efforts to recover investors' money. The bidding took place on February 24 for the land parcel in West Bengal, the Securities and Exchange Board of India (Sebi) [...]
Parle Agro, a beverage company which owns popular brands such as Frooti and Appy, has urged the government to extend the deadline to implement the ban on plastic straws for the next six months. The government's ban on single-use plastics, including plastic straw, is going to be effective from July 1, 2022. Terming it as [...]
