Companies News

I-T dept searches Omaxe group premises in NCR, others

I-T dept searches Omaxe group premises in NCR, others

At least 30 locations in Delhi-NCR and few others in Uttar Pradesh and Punjab are being covered where the tax department officers are looking at company documents and financial transactions primarily

Mar 15, 2022, 08:33 AM IST
StockDaddy raises undisclosed funding to open new centres

StockDaddy raises undisclosed funding to open new centres

Founded by Alok Kumar and Co-founded by Ranjeet Kumar in 2020, StockDaddy aims at filling the wide learning gaps in stock trading/investment through customized courses and content. 

Mar 14, 2022, 17:12 PM IST
LIC IPO: Centre has time till May 12 to launch offer without seeking fresh Sebi approval

LIC IPO: Centre has time till May 12 to launch offer without seeking fresh Sebi approval

On February 13, the government filed the draft red herring prospectus (DRHP) for the IPO with Sebi, which granted its approval for the same last week.

Mar 13, 2022, 16:07 PM IST
Taking immediate steps to comply with RBI directions: Paytm Payments Bank

Taking immediate steps to comply with RBI directions: Paytm Payments Bank

Paytm Payments Bank was incorporated in August 2016.  

Mar 12, 2022, 22:18 PM IST
Ferns N Petals gets Rs 200 crores funding from Lighthouse India Fund III

Ferns N Petals gets Rs 200 crores funding from Lighthouse India Fund III

It expects a turnover of nearly Rs 600 crore in the current financial year.

Mar 12, 2022, 16:11 PM IST
Uber adds fuel surcharge due to high gas prices, check if you have to pay more for cab rides

Uber adds fuel surcharge due to high gas prices, check if you have to pay more for cab rides

Uber said that 100 per cent of surcharges will go directly to drivers and delivery people.

Mar 12, 2022, 16:08 PM IST
Ruchi Soya to launch follow-on public offer on March 24; looking to raise up to Rs 4,300 crores

Ruchi Soya to launch follow-on public offer on March 24; looking to raise up to Rs 4,300 crores

In 2019, Patanjali acquired Ruchi Soya, which is listed on the stock exchanges, through an insolvency process for Rs 4,350 crore.

Mar 12, 2022, 14:00 PM IST
CCI decides not to pursue case related to Amazon Seller Services

CCI decides not to pursue case related to Amazon Seller Services

Thereafter, the Competition Commission of India (CCI) asked the company submit certain documents.

Mar 11, 2022, 18:29 PM IST
RBI asks Paytm Payments Bank to stop opening new accounts

RBI asks Paytm Payments Bank to stop opening new accounts

The bank has also been directed to appoint an IT audit firm to conduct a comprehensive system audit of its IT system.

Mar 11, 2022, 18:04 PM IST
LIC IPO: Centre to file final IPO papers with SEBI soon, says report

LIC IPO: Centre to file final IPO papers with SEBI soon, says report

LIC IPO: The government is presently in the wait-and-watch mode because of the market volatility induced by the Russia-Ukraine war.  

Mar 11, 2022, 15:58 PM IST
Prabha Narasimhan appointed as Colgate-Palmolive India CEO

Prabha Narasimhan appointed as Colgate-Palmolive India CEO

Colgate Palmolive has decided to appoint Prabha Narasimhan, a former Hindustan Unilever (HUL) executive, as chief executive officer (CEO).  

Mar 10, 2022, 23:46 PM IST
TikTok nears deal with Oracle to store its data: Report

TikTok nears deal with Oracle to store its data: Report

The agreement would come a year and a half after the Committee on Foreign Investment in the United States (CFIUS) ordered ByteDance to divest TikTok. 

Mar 10, 2022, 22:44 PM IST
Ebixcash IPO: Company files draft paper with SEBI for Rs 6000 crore

Ebixcash IPO: Company files draft paper with SEBI for Rs 6000 crore

The proposed IPO comprises of fresh equity issue aggregating up to Rs 6,000 crore. 

Mar 10, 2022, 18:14 PM IST
Hiring activity witnesses 3% uptick with end of 3rd wave: Report

Hiring activity witnesses 3% uptick with end of 3rd wave: Report

Demand for talent surged seven per cent year-on-year in February 2022, according to a report by the Monster Employment Index.

Mar 10, 2022, 17:02 PM IST
Vishal Garg-led Better.com fires 3,000 workers including pregnant women, expecting parents

Vishal Garg-led Better.com fires 3,000 workers including pregnant women, expecting parents

The company apparently forgot to change the date on its accompanying Workday app and employees reportedly saw severance cheques appearing in the app at 12 a.m. on March 8 (US time).

Mar 10, 2022, 09:37 AM IST
LIC IPO: Insurer gets market regulator SEBI's approval for initial offer

LIC IPO: Insurer gets market regulator SEBI's approval for initial offer

SEBI’s approval came 22 days after the government-run LIC filed a draft paper for the IPO.

Mar 09, 2022, 17:44 PM IST
BharatPe in trouble? GST authorities expand probe into alleged tax evasion

BharatPe in trouble? GST authorities expand probe into alleged tax evasion

GST authorities are now scrutinising BharatPe books of the last four years to see if bogus invoices were issued for services as well.

Mar 09, 2022, 17:28 PM IST
Vishal Garg-run Better.com to 'lay off' 4,000 people this week

Vishal Garg-run Better.com to 'lay off' 4,000 people this week

Better.com has employees around the world, including in the US and India.

Mar 09, 2022, 09:53 AM IST
Microsoft acquires AI giant Nuance in a $16 billion deal

Microsoft acquires AI giant Nuance in a $16 billion deal

Microsoft initially announced its agreement to purchase Nuance for $19.7 billion back in April 2021. 

Mar 06, 2022, 13:11 PM IST
Mother Dairy milk prices to be hiked by Rs 2 per litre in Delhi-NCR: Check details here

Mother Dairy milk prices to be hiked by Rs 2 per litre in Delhi-NCR: Check details here

The price increase comes shortly after Amul, another major dairy producer in India, raised the price of milk by Rs 2 per litre across all kinds on March 1.

Mar 05, 2022, 15:45 PM IST