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Category: Business Updates

Business Updates

Zomato reports Rs 36 crore PAT in Q2 driven by strong revenue growth

July 25, 2022By businessreputationdata

Demand for online food ordering in India has grown in recent years, prompting delivery services providers such as Zomato and rival Swiggy to expand to smaller towns.

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Business Updates

Air India announces senior level appointments; appoints Klaus Goersch as COO

July 24, 2022By businessreputationdata

In the newly-created position at Air India, Klaus Goersch will oversee flight operations, engineering, ground operations, Integrated Operations Control and cabin crew functions.

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Business Updates

Oil markets in highly turbulent situation, says Minister Puri on petrol, diesel price cut

July 23, 2022By businessreputationdata

Three state-owned fuel retailers — Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) — which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 21 month in a row.

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Business Updates

India, US to explore alternate mechanism to fund renewable energy

July 22, 2022By businessreputationdata

The US, India and about 140 other nations are close to reaching an agreement on the overhauling of global tax norms to ensure that multinationals pay taxes wherever they operate.

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Business Updates

RBI orders Bajaj Finance to stop eCOM, Insta EMI Card loans

July 22, 2022By businessreputationdata

These supervisory restrictions will be reviewed upon the rectification of the said deficiencies to the satisfaction of the RBI, it said.

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Business Updates

How can student loan default affect you financially?

July 22, 2022By businessreputationdata

The acceptance of the resumption plan by the DGCA takes Go First one step closer to restarting operations.

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Business Updates

‘Expedite NARCL’s onboarding of stressed accounts, focus on fraud prevention, cybersecurity’

July 22, 2022By businessreputationdata

Sitharaman to public sector banks at their performance review meet

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Business Updates

ZEEL moves NCLT against Sony merger termination move

July 21, 2022By businessreputationdata

In a stock exchange filing, the company said it has initiated appropriate legal action to contest Culver Max and BEPL’s claims in the arbitration proceedings before Singapore International Arbitration Centre (SIAC).

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Business Updates

Govt plans long-term exemption for green hydrogen projects from its manufacturers shortlist for solar panels

July 21, 2022By businessreputationdata

Following the Galwan Valley skirmishes in 2020, the Indian government issued orders to clamp down on participation of Chinese vendors in public procurement. Recently, the Indian procurement portal GeM announced the removal of hundreds of Chinese vendors over the past three years.

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Business Updates

Nykaa posts 24% jump in Q1 revenue on boost from summer sale

July 21, 2022By businessreputationdata

Nykaa’s flagship ‘Pink Summer Sale’ helped boost its beauty and personal care (BPC) segment – the company’s biggest. BPC orders increased by 17% in the quarter.

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