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NCLT Admits Plea To Initiate Insolvency Proceedings Against AVIOM

India, Feb. 20 -- About three weeks after the Reserve Bank of India (RBI) filed a plea to initiate corporate insolvency resolution proceedings (CIRP) against Delhi NCR-based NBFC AVIOM India Housing F... Read More


GST Department Asks HDFC, ICICI To Attach Awfis' Bank Accounts

India, Feb. 19 -- The GST department has asked HDFC Bank and ICICI Bank to provisionally attach the operative bank accounts of coworking space provider Awfis over claiming excess input tax credit (ITC... Read More


Ola Electric Registrations To See A Temporary Slowdown In February

India, Feb. 19 -- About two weeks after its weak Q3 FY25 show, Ola Electric said it expects its EV registrations for the month of February to have a "temporary impact". In an exchange filing, the EV ... Read More


Contract Renegotiations To Impact Feb EV Registrations: Ola Electric

India, Feb. 19 -- About two weeks after its weak Q3 FY25 show, Ola Electric said it expects its EV registrations for the month of February to have a "temporary impact". In an exchange filing, the EV ... Read More


Ola Electric Says February EV Registrations To Be Temporarily Impacted

India, Feb. 19 -- About two weeks after its weak Q3 FY25 show, Ola Electric said it expects its EV registrations for the month of February to have a "temporary impact". In an exchange filing, the EV ... Read More


Ola Electric Expects 'Temporary Impact' On Sales In February

India, Feb. 19 -- About two weeks after its weak Q3 FY25 show, Ola Electric now expects its sales for the month of February to have a "temporary impact". In an exchange filing, the EV maker said that... Read More


Tesla Finalises Showroom Locations In Delhi, Mumbai: Report

India, Feb. 18 -- Taking another step towards establishing its presence in India, Elon Musk-led EV manufacturer Tesla has reportedly finalised two locations for its showrooms in Delhi and Mumbai. Cit... Read More


IPO-Bound Fractal Slips Into The Red In FY24, Reports INR 54.7 Cr Loss

India, Feb. 18 -- Enroute to public listing, SaaS unicorn Fractal Analytics reported a consolidated net loss of INR 54.7 Cr in the fiscal year 2023-24 (FY24) as against a profit of INR 194.4 Cr in the... Read More


BYJU'S CoC Proposes Shailendra Ajmera As New Insolvency Resolution Professional

India, Feb. 17 -- After months of drama surrounding BYJU'S the then insolvency resolution professional (IRP) Pankaj Srivastava, the edtech company's committee of creditors (CoC) has reportedly passed ... Read More


Zomato Opens Up In-House AI Platform 'Nugget' For Enterprises

India, Feb. 17 -- Foodtech major Zomato has opened its AI-native, no-code customer support platform 'Nugget' for enterprises across the world. Zomato CEO Deepinder Goyal took to X to make the announc... Read More