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Protean eGov Shares Plunge 20% After Losing PAN 2.0 Project Bid
New Delhi, May 19 – Shares of Protean eGov Technologies plummeted by 20 percent on Monday, hitting the lower circuit limit, after the company failed to qualify for the Income Tax Department’s high-profile 'PAN 2.0' project.
As per agency report,... 
IndusInd Bank Forms Special Committee to Oversee Operations Following CEO Resignation
New Delhi, April 30 — IndusInd Bank has announced the formation of a special committee of senior officials to oversee its operations following the resignation of CEO Sumant Kathpalia. The decision comes in the wake of a major accounting lapse...
Kinley Soda Crosses Rs 1,500 Crore Revenue Mark in Indian Market
New Delhi, April 25 – Coca-Cola India's carbonated water brand Kinley Soda has achieved a significant milestone by generating over Rs 1,500 crore in revenue from the Indian market. With this accomplishment, the brand has emerged as a market leader...
Devyani International to Acquire Majority Stake in 'Biryani By Kilo' Chain
New Delhi, April 22 – Devyani International Limited (DIL), the operator of well-known quick-service restaurant (QSR) brands such as KFC, Pizza Hut, and Costa Coffee in India, has announced plans to acquire a majority stake in the domestic food chain...
Interarch Building Products Secures Over Rs 300 Crore Order from Tyre Manufacturer
New Delhi, April 21 – Interarch Building Products Limited, a leading construction solutions provider, has secured a major order worth over Rs 300 crore from a prominent tyre manufacturing company, as per agency report.
The company informed the stock exchanges...
Reliance Partners with BLAST Esports to Launch Joint Venture for Expanding Esports in India
New Delhi, April 2 – Reliance’s wholly owned subsidiary, RISE Worldwide, has entered into a strategic joint venture with Denmark-based BLAST Esports to expand the esports business in India. The partnership aims to develop leading intellectual properties (IP) in the... 
Vodafone Idea Shares Surge 19 Percent as Government Set to Convert Dues into Equity
New Delhi, April 1 – Shares of telecom company Vodafone Idea Limited (VIL) jumped over 19 percent on Tuesday following the government's decision to convert spectrum auction dues worth Rs 36,950 crore into equity. The move will significantly increase the... 
IREDA Secures 26 Billion Yen Loan Facility from SBI Tokyo Branch
New Delhi, March 28 – The Indian Renewable Energy Development Agency (IREDA), a public sector enterprise under the Ministry of New and Renewable Energy, has announced the securing of an external commercial borrowing (ECB) facility worth 26 billion Japanese Yen...
Godrej Properties Sells Over Rs 1,000 Crore Worth of Luxury Flats in Gurugram on Launch Day
New Delhi, March 28 – Real estate firm Godrej Properties Limited has sold luxury apartments worth over Rs 1,000 crore on the very first day of launching its new residential project in Gurugram, defying the slowdown in housing demand.
According...
Jubilant Foods Sets Ambitious Target of 3,000 Domino’s Stores in Three Years, Plans Rapid Popeyes Expansion
New Delhi, March 27 – Jubilant Foods, a leading operator in the quick-service restaurant (QSR) segment, has announced plans to expand its Domino’s Pizza network in India to 3,000 outlets over the next three years. The company also aims to...
Blue Star Expects 30 Percent Growth in AC Sales This Summer, Rural Markets to Drive Demand
New Delhi, March 27 – Leading air conditioning company Blue Star is anticipating a significant 25 to 30 percent increase in sales of its room air conditioners this summer, with a major contribution expected from small towns and rural markets.... 
Ola Electric Subsidiary Settles Outstanding Dues with Rosmerta Group
Ola Electric Technologies Private Limited, a subsidiary of Ola Electric Mobility Limited, has amicably settled all outstanding dues with its former vehicle registration service provider, Rosmerta Group. The company informed the stock exchanges on Tuesday that the settlement has been... 