Torrent Gas Raises CNG Price by Rs 2.50 Amid Global Tensions
The company Torrent Gas has increased CNG rates by Rs 2.50 per kg. Torrent Gas mentioned geopolitical tensions in the Western Asian countries and global instability in energy markets as the reasons behind this decision. This increase affects auto-rickshaw operators, who face reduced earnings, and causes an increase in daily…
Eternal, the parent company of Zomato, authorizes 74 lakh employee stock options valued at Rs 172 crore.
The parent firm of Zomato, Eternal, has approved the issuance of fresh employee stock options for more than 7.4 million shares, according to the exchange filing done by the firm. The Nomination and Remuneration Committee (NRC) of the firm approved the issuance on 1 April through a circular resolution. The…
Indian rules on CCTV sales will shock Hikvision and TP-Link on April 1.
India is set to enforce a certification mandate for internet-connected CCTV cameras, effective April 1, which could impact companies such as Hikvision, Dahua, and TP-Link. The certification rules will be part of the Standardisation Testing and Quality Certification guidelines, where all CCTV and video surveillance systems will be certified before…
Nazara Tech will use warrants to raise ₹500 Cr.
The company, Nazara Technologies Limited, has received a funding of ₹500 crores from five investors in the form of a preferential issue of warrants, with a price of ₹260 apiece, which is a significant premium to its current trading price, which was in the range of ₹233 to ₹240 on…
