Bharti Airtel

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SpiceJet settles $24 million financial dispute with Credit Suisse SpiceJet Ltd has reached an in-principle commercial settlement with Credit Suisse AG over pending dues of $24 million. The Swiss firm had moved the Madras High Court against SpiceJet after the airline availed the services of SR Technics, Switzerland, for maintenance, repair, and overhauling of aircraft […]
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Reliance terminates sub-lease of 950 Future stores Reliance Retails Ventures Ltd (RRVL) has issued notices on Future Retail for terminating sub-leases of 950 stores it had taken over. The debt-laded Future Group firms have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores. In February, RRVL had […]
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Infosys launches Metaverse Foundry; to help enterprises with metaverse adoption Infosys Ltd has launched a Metaverse Foundry to ease and fast-track enterprises’ exploration of the metaverse. The exploration also includes virtual and augmented environments for the customers, workplace, products, and operations. The IT company has already developed 100 use cases and is actively working with […]
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Hero MotoCorp partners with BPCL to set up EV charging infra across India Hero MotoCorp has partnered with Bharat Petroleum Corp Ltd (BPCL) to set up charging infrastructure for electric two-wheelers across India. The two entities will first establish a substantial charging infrastructure within the existing nationwide energy station network. They may broaden the collaboration […]
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ED conducts raids at Indiabulls Finance Centre in Mumbai The Enforcement Directorate (ED) conducted raids at Indiabulls Finance Centre in Mumbai.  The search was based on an Enforcement Case Information Report (ECIR) registered by ED under the Prevention of Money Laundering Act, 2002 (PMLA) against Indiabulls Housing, promoter Sameer Gehlaut, and other related companies and […]
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CCI suspends Amazon’s 2019 deal with Future Group citing suppression of information The Competition Commission of India (CCI) has suspended Amazon.com, Inc’s 2019 deal with Future Group following a review of allegations that the e-commerce giant had concealed information while seeking regulatory approval. CCI has also imposed a penalty of Rs 200 crore on Amazon. […]

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