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Liberty Shoes removes executive director Adesh Kr Gupta after NCLT sets aside his plea

Gupta, who along with some other shareholders holds 5.83 per cent of the company, had filed a plea under Section 244 of the Companies Act, 2013, seeking waiver in requirements to file a plea alleging oppression and mismanagementNew Delhi:...

Jaipur-based Motisons Jewellers raises Rs 33 cr in pre-IPO round

The pre-IPO placement was undertaken after the approval of the board and shareholders in their meetings on September 2 and September 11, respectivelyNew Delhi: Motisons Jewellers, a Jaipur-based retail jeweller company, has garnered Rs 33 crore in its pre-IPO (initial...

Reliance Retail to reduce share capital, to pay Rs 1,362 per share

This capital reduction plan will make Reliance Retail a 100% subsidiary of Reliance Retail Ventures LimitedNew Delhi: Country's leading retailer Reliance Retail on Friday said it will reduce the equity share capital to the extent held by shareholders other than...

Walmart pays most of tax bill arising from shifting of PhonePe headquarters to India

Walmart Inc and other PhonePe shareholders faced nearly USD 1 billion as capital gains tax after the digital payments company shifted its headquarters to IndiaNew Delhi: US retail giant Walmart has paid the taxes arising from the shifting of the...
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AbCoffee opens 50th outlet in just two years

The homegrown takeaway coffee chain reached the milestone by opening four new outlets in MumbaiMumbai: Tech-enabled grab-and-go coffee chain...
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