News Muncher - category company

Nissan, Honda announce plans to merge, creating world's No. 3 automaker

Tokyo: Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. Toyota has technology partnerships with Japan’s Mazda Motor Corp. and Subaru Corp. News of a possible merger surfaced earlier this month, with unconfirmed reports saying that …

Japan Electric Vehicles Japanese Company Million Merger Tokyo

6 hours, 9 minutes ago

Award Passed By Ineligible Arbitrator Can Be Set Aside U/S 34 Of Arbitration Act: Jammu And Kashmir HC

Live Law

The Jammu & Kashmir and Ladakh High Court bench of Justice Sanjay Dhar has held that award passed by an ineligible arbitrator is liable to be set aside under section 34 of the Arbitration Act. Observations: The court after referring to section 34 of the Arbitration Act observed that “an application for setting aside of award passed by an Arbitral …

Arbitration Court Company Agreement Respondent Set Srinagar

7 hours, 39 minutes ago

SEBI suspends trading of Bharat Global Developers over financial misrepresentation

Deccan Chronicle

New Delhi: Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. In fact, such wealth has arisen from misrepresentation of the company's business and financials to general investors and shareholders," Sebi Whole Time Member Ashwani Bhatia said in his 25-page order. Accordingly, Sebi in …

Financial Company Share Sebi Further Orders Bharat Global Developers Bgdl

10 hours, 13 minutes ago

Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them

Associated Press

WASHINGTON — Russell Hedrick, a North Carolina farmer, flies drones to spray fertilizers on his corn, soybean and wheat fields at a fraction of what it would cost him to use a conventional ground spreader. Scott has compared Chinese drones to spy balloons that could “gather data or carry harmful payloads” across America, posing risks to military bases, critical infrastructure …

China Florida Congress North Carolina Washington State Chinese

10 hours, 29 minutes ago

“There Has Been An Increase In Inflation:" J&K High Court Emphasises Revising 'Notional Income' Under Second Schedule Of Motor Vehicles Act

Live Law

Recognising the impact of inflation and the devaluation of currency over the years the Jammu and Kashmir and Ladakh High Court has emphasised the need to revise the notional income of non-earning persons as stipulated in the Second Schedule of the Motor Vehicles Act, 1988. The court reasoned, “The income of a non-earning person, as specified in the Second Schedule, …

Insurance Inflation Court Income Company Schedule Motor Vehicles Act

10 hours, 37 minutes ago

Charging More Than Displayed Tag Price : Delhi District Commission Holds Siyaram Silk Mills Liable

Live Law

The Delhi district commission has held Siyaram Silk Mills liable for unfair trade practice by charging an amount above the displayed tag price. Brief background: Siyaram Silk Mills launched a promotional scheme of '2+2' where customers had to pay the full amount for two shirts and were entitled to other two shirts for free. The complainant stated that the company …

Company Unfair Trade Practice District Commission Shirts Deficient Services Two Shirts Complainant Rs

10 hours, 48 minutes ago

Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head

Live Law

The Jharkhand High Court has slashed the interest rate on compensation awarded to the family of a 50-year-old barber who was struck by a mini-bus, ruling that the 12% annual interest granted by the Motor Accident Claims Tribunal, Dumka, was excessive. Justice Subhash Chand, presiding over the case, reduced the interest rate to 7.5%, stating, “The impugned Award passed by …

Insurance Compensation Court Interest Company Tribunal High

15 hours, 24 minutes ago

4 injured as fire breaks out at event management company in Delhi's Burari

India Today

Four people were injured after a fire broke out at a storage room used by an event management company in Delhi's Burari area on Sunday. Police and fire officials received a PCR call reporting the blaze at A-235 of Pradhan Enclave located in the Burari area of North East Delhi. The injured were identified as Anand Gupta, 24, Ravi Prakash …

Delhi Burari

15 hours, 24 minutes ago

Senores Pharmaceuticals IPO: Should you subscribe? Check GMP, subscription

India Today

The Rs 582.11 crore initial public offering of Senores Pharmaceuticals is set to close for bidding on Tuesday, December 24, 2024, after opening for subscription on Friday. Before the public offering, Senores Pharmaceuticals raised Rs 260.6 crore from anchor investors by allocating 66.65 lakh shares at Rs 391 per share. Notable investors in the anchor book include Goldman Sachs, Societe …

Pharmaceuticals Company Bsc Shares Ipo Gmp Senores Pharmaceuticals

15 hours, 24 minutes ago

Nissan, Honda announce merger, creating world’s third-largest carmaker

Al Jazeera

Plans, which include Mitsubishi, announced as Japan tries to gain foothold in electric vehicle market. Japan’s Honda and Nissan are planning a merger, which would create the world’s third-largest carmaker as the industry pivots away from fossil fuels. Honda, currently Japan’s second-largest carmaker, is widely viewed as the only national partner able to rescue Nissan, which has struggled since former …

Japan Electric Vehicles Honda Nissan Mitsubishi Announce

Nissan, Honda announce plans to merge

New Indian Express

TOKYO: Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s third-largest automaker by sales. The plans come as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had …

Honda Nissan

15 hours, 24 minutes ago

Buyer found for bankrupt retailer Blokker, but uncertainty remains for 3,500 workers

NL Times

The insolvency negotiators representing Blokker in its bankruptcy have found a buyer for the troubled Dutch retail chain. That buyer aims to "rebuild the Blokker formula in the coming period and to work together with the approximately 45 franchise branches," the curators said. When the 128-year-old retailer was declared bankrupt last month, the company had over 3,500 employees, an online …

Blokker

20 hours, 58 minutes ago

Party City to close its stores as company files for bankruptcy

Associated Press

LOS ANGELES — For nearly 40 years, customers flocked to Party City for Halloween costumes, favors for children’s birthday parties and decorations for New Year’s Eve celebrations. Party City announced Saturday that it would start a “wind down” of its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide. The company has also filed for Chapter …

Party City Party City Company Files

22 hours, 20 minutes ago

This industry is 'ready to cash in' on one of Trump’s biggest plans: report

Raw Story

One of the campaign promises President-elect Donald Trump made ahead of his victory over Vice President Kamala Harris last month was to carry out the "the largest domestic deportation operation in American history." Per the report, George Zoley, who serves as executive chairman of the private prison company, GEO group, told investors soon after the election, "This is, to us, …

Trump Ice Report Geo Corecivic Wsj

1 day, 8 hours ago

S.138 NI Act | Director Who Signed Cheque Not Liable For Dishonour When Company Hasn't Been Added As Accused : Supreme Court

Live Law

The Supreme Court reiterated that the authorised signatory of a company cannot be held liable under Section 138 of the Negotiable Instruments Act, 1881 for dishonour of a cheque drawn on the company's account unless the company is arraigned as the principal accused. The Sessions Court upheld the conviction, but the Calcutta High Court reversed it, ruling that the cheque …

Supreme Court Court Director Company Accused Held Fir

1 day, 15 hours ago

Ola S1 Pro Sona unveiled, 4,000 Ola stores to open on December 25

India Today

Electric two-wheeler manufacturer Ola Electric has unveiled a limited gold edition of its S1 Pro scooter, christened S1 Pro Sona, with 24-carat gold elements. In a post on X, Ola CEO Bhavish Aggarwal said that the S1 Pro Sona is plated with real 24-carat gold. pic.twitter.com/KwSdZGIqUt— Bhavish Aggarwal December 22, 2024 According to Ola's official website, the company is hosting …

Gold Company Ola Pro Ola Electric Sona Bhavish Aggarwal

1 day, 18 hours ago

Amazon and Starbucks workers are on strike. Trump might have something to do with it

Associated Press

Amazon delivery drivers and Starbucks baristas are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract. John Logan, director of labor and employment studies at San Francisco State University, said he thinks the Amazon and …

Labor Amazon Workers Union Drivers Company New York

1 day, 22 hours ago

Albania to close TikTok for a year blaming it for promoting violence among children

Associated Press

TIRANA, Albania — Albania’s prime minister said Saturday the government will shut down the video service TikTok for one year, blaming it for inciting violence and bullying, especially among children. The company said it had “found no evidence that the perpetrator or victim had TikTok accounts, and multiple reports have in fact confirmed videos leading up to this incident were …

Rama Tiktok Albania

1 day, 22 hours ago

Branch manager of a private bank among four arrested for stealing money from payment gateway company

The Hindu

The east division cyber crime police busted an online fraud racket and arrested four persons, including the branch manager of a private bank, in Rajkot in Gujarat in connection with accessing a payment gateway company’s website to withdraw ₹12.5 crore within two days. CRED, having their corporate nodal account at AXIS bank Indiranagar branch in Bengaluru, filed a complaint that …

Rajkot

2 days, 4 hours ago

Volkswagen Cuts Deal With The Union, To Layoff 35,000 Jobs In Germany In Future

ABP News

Volkswagen on Friday announced some major changes to the company’s operations in the home country. Volkswagen said that no immediate site closures or layoffs would take place and also backed away from its demand of 10 per cent wage cuts. Issuing a statement, Volkswagen CEO, Oliver Blume said, “With the package of measures that has been agreed, the company has …

Company Wage Volkswagen

2 days, 6 hours ago

Amazon Delays Return-to-Office Mandate Due to Insufficient Workspace

Deccan Chronicle

In a surprising turn of events, Amazon has decided to delay its return-to-office mandate for a significant portion of its workforce in the United States. The Reason Behind the Delay In September, Amazon made headlines when it announced plans to bring employees back to the office at least three days a week, starting on January 2, 2024. Amazon’s return-to-office policy, …

Amazon Employees Office Workforce Remote Work Work Company

2 days, 6 hours ago

Ola CEO Bhavish Aggarwal's Tough Stance On Work-From-Home Misuse Goes Viral; Internet Reacts

ABP News

A screenshot of an email allegedly sent by Ola CEO Bhavish Aggarwal to his employees about the 'misuse' of the work-from-home culture has gone viral on social media. The best excuse I've heard so far is that the facial recognition system data is wrong," Ola CEO added. In response to complaints about Ola’s facial recognition system for attendance, Aggarwal dismissed …

Work Company Ola Ceo Attendance Aggarwal Ola Ceo

2 days, 7 hours ago

OpenAI Unveils New o3 and o3 Mini Models

Deccan Chronicle

OpenAI announced the new artificial intelligence models on the last day of its 12-day “shipmas” event. OpenAI CEO Sam Altman said that the o3 mini model will be released at the end of January and o3 model will be released shortly after that. Researchers can test the o3 mini model starting today but o3 preview will arrive later. The o3 …

Mini Model Openai

2 days, 8 hours ago

Year Ender 2024: From Ambani To Adani, The Richest People In The Country, As Per Forbes India

ABP News

Before we bid goodbye to 2024 and welcome the New Year, let’s take a look at the top ten wealthiest individuals in the country. As per the Forbes India list of ‘Top 10 Richest People in India 2024’, the Reliance Industries chairman Mukesh Ambani is at the top of the index. Rank Name Net Worth Company 1) Mukesh Ambani $119.5 …

India Indian Country Reliance Industries 2024 Billion Group

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Articles for Company

Nissan, Honda announce plans to merge, creating world's No. 3 automaker

Award Passed By Ineligible Arbitrator Can Be Set Aside U/S 34 Of Arbitration Act: Jammu And Kashmir HC

SEBI suspends trading of Bharat Global Developers over financial misrepresentation

Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them

“There Has Been An Increase In Inflation:" J&K High Court Emphasises Revising 'Notional Income' Under Second Schedule Of Motor Vehicles Act

Charging More Than Displayed Tag Price : Delhi District Commission Holds Siyaram Silk Mills Liable

Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head

4 injured as fire breaks out at event management company in Delhi's Burari

Senores Pharmaceuticals IPO: Should you subscribe? Check GMP, subscription

Nissan, Honda announce merger, creating world’s third-largest carmaker

Nissan, Honda announce plans to merge

Buyer found for bankrupt retailer Blokker, but uncertainty remains for 3,500 workers

Party City to close its stores as company files for bankruptcy

This industry is 'ready to cash in' on one of Trump’s biggest plans: report

S.138 NI Act | Director Who Signed Cheque Not Liable For Dishonour When Company Hasn't Been Added As Accused : Supreme Court

Ola S1 Pro Sona unveiled, 4,000 Ola stores to open on December 25

Amazon and Starbucks workers are on strike. Trump might have something to do with it

Albania to close TikTok for a year blaming it for promoting violence among children

Branch manager of a private bank among four arrested for stealing money from payment gateway company

Volkswagen Cuts Deal With The Union, To Layoff 35,000 Jobs In Germany In Future

Amazon Delays Return-to-Office Mandate Due to Insufficient Workspace

Ola CEO Bhavish Aggarwal's Tough Stance On Work-From-Home Misuse Goes Viral; Internet Reacts

OpenAI Unveils New o3 and o3 Mini Models

Year Ender 2024: From Ambani To Adani, The Richest People In The Country, As Per Forbes India