LiveUPI Transactions Hit Record High of Rs 14.3 Trillion In May, Surge in 10 Days
In May, the value and volume of Unified Payments Interface (UPI) transactions hit a new high of Rs 14.3 trillion and Rs 9.41 billion, respectively....
Category : BUSINESS
RBI Launches ‘100 Days 100 Pays’ Campaign to Return Unclaimed Deposits
The Reserve Bank of India (RBI) launched the ‘100 Days 100 Pays’ campaign on June 1 to track and resolve the top 100 unclaimed deposits...
NCLT Rejects DHL’s Insolvency Plea Against Eicher Over Unpaid Dues
The National Company Law Tribunal (NCLT) on May 29 dismissed an insolvency plea by DHL Supply Chain Limited against Royal Enfield bicycle maker Eicher Motors...
Xiaomi Partners With Optiemus to Deepen Local Soucing in India
Xiaomi India has inked a contract with Indian homegrown brand Optiemus Electronics Ltd. (OEL) to manufacture audio products in India, marking the first time an...
SVJN Gets Approval to Set up Another Hydropower Project in Nepal
One of India’s Mini Ratnas, Satluj Jal Vidyut Nigam Limited (SVJN) has received approval from the Investment Board Nepal (IBN) to develop a second hydropower...
Ola Electric Commences Construction of India’s To-be Largest Battery Cell Gigafactory
The CEO of EV producer Ola Electric, Bhavish Aggarwal announced the commencement of construction at the company’s first battery cell gigafactory in Krishnagiri, Tamil Nadu...
Go First Lessors Seek Deregistration of Aircrafts by DGCA at the Delhi High Court
Several aircraft lessors of Go First have approached the Delhi High Court seeking the deregistration of their planes by the Directorate General of Civil Aviation...
Ride-Sharing Platform Gets Relief as Delhi HC Stays on Transport Department’s Notice
In a major relief to Ola, Uber and Rapido, the Delhi High Court on Friday stayed the public notice and show-cause notices issued by the...
Sun Pharma Proposes to Acquire Remaining Stake in Taro Pharmaceutical Industries in All-Cash Deal
Indian pharma giant Sun Pharma has offered to acquire the shares of Taro Pharmaceutical Industries that it does not already own for $38 apiece via...
Google Ordered by a US Court to Pay Audio Company Sonos $32.5 Million over Patent Infringement
The most used search engine Google has been ordered by a US court to pay high-tech audio technology company Sonos $32.5 million in damages for...