by PTI News | Apr 7, 2022 | 10:43 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) Softbank-backed eyewear retailer Lenskart on Thursday announced the expansion of its online presence by offering products on Nykaa, Myntra, Tata Cliq and other platforms. The move is part of its plan to "scale up presence on all international platforms this quarter". "This step highlights our continued efforts to fully transform [...]
by PTI News | Apr 7, 2022 | 10:33 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) The government on Thursday approved providing one-time window to state and central public sector units to surrender coal mines that could not be made operational due to technical reasons. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. No penalty will [...]
by PTI News | Apr 7, 2022 | 10:01 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) The government may ask Ola Electric to explain the incident of its electric scooter catching fire in Pune last month, a senior government official said on Thursday. The government had ordered a probe last month after an e-scooter launched by the ride-hailing operator's electric mobility arm caught fire in Pune. [...]
by PTI News | Apr 7, 2022 | 9:34 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) The Delhi High Court on Thursday granted interim protection from arrest to SpiceJet promoter Ajay Singh in a case of an alleged fraud related to the transfer of shares of the airline to certain individuals. “No coercive action shall be taken against the petitioner till next date of hearing and [...]
by PTI News | Apr 7, 2022 | 9:01 pm | Corporate Action, News
Chennai, Apr 7 (PTI): Taiwan-based Hong Fu Group would invest Rs 1,000 crore to set up a footwear unit in Tamil Nadu and signed a memorandum of understanding with the State government in this connection. The MoU was signed between top officials of the company and Guidance Tamil Nadu, the State investment promotion agency, in [...]
by PTI News | Apr 7, 2022 | 8:50 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) Capital markets regulator Sebi on Thursday imposed penalties totalling Rs 25 lakh on five entities for indulging in non-genuine trades in illiquid stock options on BSE. In five separate orders, the regulator slapped a fine of Rs 5 lakh each on Krishna Kumari, Rajeshree Haresh Lathia, Priya Abhay Nahar, Nayana [...]
by PTI News | Apr 7, 2022 | 8:38 pm | Corporate Action, News
Mumbai, Apr 7 (PTI) Coffee exporter Allana Group on Thursday announced its foray into the domestic market and said it will set up a coffee unit in Karnataka at an investment of Rs 40 crore.The group, which has been exporting the green bean since 1987, is planning to introduce international grade coffees to Indian consumers, [...]
by PTI News | Apr 7, 2022 | 8:05 pm | Corporate Action, News
Mumbai, Apr 7 (PTI) Edtech company Jaro Education on Thursday announced its second grant of ESOP (employee stock option plan) worth Rs 15 crore to reward the company's existing employees.According to the scheme, employees of Jaro Education will be able to vest their ESOPs over 3 years, the company said in a statement.The grant of [...]
by PTI News | Apr 7, 2022 | 7:23 pm | Corporate Action, News
Mumbai, Apr 7 (PTI) Edtech company Jaro Education on Thursday announced its second grant of ESOP (employee stock option plan) worth Rs 150 million (about Rs 1,140 crore) to reward the company's existing employees.According to the scheme, employees of Jaro Education will be able to vest their ESOPs over 3 years, the company said in [...]
by PTI News | Apr 7, 2022 | 7:19 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) Tata group on Thursday launched possibly India's first super app, Tata Neu, that brings together grocery-to-hotel-to-airline ticket booking and medicine on a single platform, rivalling similar products from Amazon and Walmart's Flipkart. In a social media post, Tata Sons Chairman N Chandrasekaran said Tata Neu combines the traditional consumer-first approach [...]
