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Karnataka Bank Pioneers UPI for GST Payments

Karnataka Bank Pioneers UPI for GST Payments

9 August 2024

Karnataka Bank has taken a significant step towards digitalising tax payments by introducing GST payments through the Unified Payments Interface (UPI). As one of the first banks to offer this service, the bank has made it convenient for all GST-registered taxpayers, including its own customers, to seamlessly settle their GST liabilities. Previously, GST payments could …

Phoenix Mills Acquires Prime Land in Coimbatore for New Retail Project

Phoenix Mills Acquires Prime Land in Coimbatore for New Retail Project

9 August 2024

On August 7, 2024, Phoenix Mills Limited (PML) announced it had acquired a valuable piece of land in Coimbatore, Tamil Nadu. The land is situated in a key location on Avinashi Road in Coimbatore. Astrea Real Estate Developers Private Limited, a subsidiary of PML with 67.1% ownership, acquired the land through buying shares and direct …

Rain Industries Limited Opens New Innovation Center for Energy Storage in Canada

Rain Industries Limited Opens New Innovation Center for Energy Storage in Canada

9 August 2024

On August 07, 2024, Rain Carbon Inc. (RAIN), a wholly owned subsidiary of Rain Industries Limited, opened a new 30,000 sq. ft. industrial facility in Hamilton, Ontario, Canada. This new RAIN Innovation Center for Energy Storage Materials highlights Rain Industries Limited’s dedication to developing sustainable energy storage solutions. The centre features a demonstration facility for …

NLC India Ltd Reports 37% PAT Growth in Q1 FY24-25

NLC India Ltd Reports 37% PAT Growth in Q1 FY24-25

9 August 2024

NLC India Ltd has reported its financial performance for the quarter ended June 30, 2024, showcasing significant growth across various parameters. The consolidated Profit After Tax (PAT) for the Group reached ₹566.69 crore, marking a 37.02% increase compared to ₹413.57 crore in the same quarter of the previous year. The Earnings Before Interest, Taxes, Depreciation, …

Zee Media Corporation Reports 25.3% Revenue Growth in Q1 FY25

Zee Media Corporation Reports 25.3% Revenue Growth in Q1 FY25

9 August 2024

Zee Media Corporation Limited (ZMCL) has released its financial and operational performance for the quarter ended June 30, 2024 (Q1 FY25). The company reported an impressive 25.3% year-over-year growth in operating revenue, reaching ₹1,759.6 million in Q1 FY25 compared to ₹1,404.1 million in Q1 FY24. The company also achieved a significant turnaround in operating profit …

Lemon Tree Hotels Opens Seventh Property in Gujarat

Lemon Tree Hotels Opens Seventh Property in Gujarat

9 August 2024

On August 07, 2024, Lemon Tree Hotels Limited announced the opening of its newest property, Lemon Tree Resort, Somnath. This latest addition marks the seventh Lemon Tree property in Gujarat, enhancing the group’s footprint in the state. Located in Veraval, a picturesque coastal area renowned for its serene environment and stunning sunsets, Lemon Tree Resort, …

Last Mile Enterprises Partners with One Futureworld for Product Distribution

Last Mile Enterprises Partners with One Futureworld for Product Distribution

9 August 2024

On August 7, 2024, Last Mile Enterprises Limited announced through a stock exchange filing that its material subsidiary, M/s. Damson Technologies Private Limited, has entered into a Memorandum of Understanding (MoU) with One Futureworld (Singapore) Pte Ltd. This partnership is aimed at fostering collaboration and expanding business operations in designated territories. One Futureworld is a …

Brigade Group Launches Skill Academy to Empower Unemployed in Bangalore

Brigade Group Launches Skill Academy to Empower Unemployed in Bangalore

9 August 2024

On August 7, 2024, Brigade Enterprises Limited announced to the stock exchanges the inauguration of the first phase of the ‘Brigade-BCIC Skill Development Academy (BBSDA) – a Centre of Excellence’ by Brigade Foundation, the philanthropic arm of Brigade Group. This state-of-the-art facility, located on a 5-acre land parcel in Aerospace Park, Bangalore North, was launched …

Hero MotoCorp Unveils First ‘Premia’ Store in New Delhi

Hero MotoCorp Unveils First ‘Premia’ Store in New Delhi

9 August 2024

On August 7, 2024, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, expanded its premium network by opening its first ‘Hero Premia’ store in New Delhi today. This move is part of the company’s comprehensive premiumisation strategy. Located in the well-known auto hub of Naraina industrial area, the new store showcases 8 models …

Revolt Motors Expands Presence with Second COCO Store in New Delhi’s Gujranwala Town

Revolt Motors Expands Presence with Second COCO Store in New Delhi’s Gujranwala Town

9 August 2024

On August 8, 2024, Revolt Motors, India’s leading electric motorcycle company, announced the launch of its second company-owned store in Gujranwala Town, New Delhi. This new store comes after the success of their first store in Karol Bagh and aims to advance their goal of offering advanced electric mobility solutions. The COCO store is set …

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