Sep 13, 2021By: Rounak Jain
Won the arbitration against Delhi Metro Rail, winning ₹2,950 crore in damages. The company said this will be used to reduce its debt.
The much-awaited JioPhone Next has been delayed till November due to a global shortage of chipsets. It was slated to launch on September 10.
To stop the grocery delivery service due to increased competition, poor customer experience and gaps in fulfilling orders.
Launched Equinox, a digital commerce platform, to help businesses deliver customised experiences to their customers, including chat bots, augmented reality, event streaming and more.
Audio accessory maker boAt is planning an IPO later next year, eyeing a valuation of $1.4 billion.
Might raise prices of dry fuel by 10 percent to cover the increase in costs and the impending wage revision of its employees.
Received approval from the Competition Commission of India to divest its mutual fund business to Groww, a brokerage, for ₹175 crore.
Aiming at running at full capacity in the domestic sector by December, up from the 70 percent load factor currently. The company wants to raise funds as an insurance against the third Covid wave, it said.
Has closed its ongoing case with the market regulator SEBI after paying ₹69 lakh.
Moody’s has upgraded the company’s rating to positive from stable.