PhonePe redomiciled from Singapore to India in December 2022. The company said it has established a clear corporate structure with each of its new non-payment businesses as fully owned subsidiaries.
The agreement covers the period between 2015 and 2019 and the covers sanctions, penalties and interest, prosecutors said in a statement.
Reliance Consumer Products Ltd (RCPL) entered into the soft drink market after acquiring Campa Cola in 2022 and later reintroduced it in 2023.
Asset management company SBI Mutual Fund on Monday launched a systematic investment plan (SIP) aimed at democratizing access to the product.
The Delhi High Court has ruled in favour of the Indian govt, delivering a major blow to RIL and its foreign partners, UK-based BP Plc and Canada’s Niko Resources, in a long-running gas dispute.
US energy major Chevron is establishing a $1 billion engineering and innovation excellence centre (ENGINE) in India, marking its largest investment outside the US.
This marks the first such strategic investment by a government-owned company in the Indian renewable energy sector. The announcement was made at the India Energy Week in New Delhi.
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