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                                                                                    Corporate

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                                                                                                  1. Musk on Friday tweeted that his $44-billion cash deal to take the company private was "temporarily on hold".

                                                                                                        Elon Musk says Twitter legal team told him he violated an NDA

                                                                                                        May 15, 2022

                                                                                                        "Twitter legal just called to complain that I violated their NDA by revealing the bot check sample size is 100!" tweeted Musk on Saturday.

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                                                                                                              Tata Motors also plans to progressively increase the proportion of capital expenditure towards electrifying its commercial vehicles.

                                                                                                                    Tata Motors' Rs 32,000 cr capex plan aims to go big on EVs across all businesses

                                                                                                                    May 14, 2022

                                                                                                                    The automaker will be making its highest ever domestic investment of up to Rs 6,000 crore for the expansion of its portfolio capacity. On the other hand, Jaguar Land Rover would be getting around Rs 26,000 crore or 2.6 billion pounds.

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                                                                                                                                  The first notice had gone out from the labour ministry office to the Bengaluru headquartered firm to attend a discussion on April 28.

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                                                                                                                                      Infosys served 2nd notice by labour ministry over non-compete clause in employee contract

                                                                                                                                      May 14, 2022

                                                                                                                                      The labour ministry has now sought written response from the Infosys in response to the grievance made by NITES which is to be submitted before May 16.

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                                                                                                                                      3. FRL was part of the 19 companies which were supposed to be transferred to Reliance Retail as part of a Rs 24,713-crore deal announced in August 2020.

                                                                                                                                        Future Retail's Chief Financial Officer C P Toshniwal steps down

                                                                                                                                        May 14, 2022

                                                                                                                                        Toshniwal's resignation is the recent addition to the string of resignations that started after the Rs 24,713-crore deal was called off last month by Reliance Industries.

                                                                                                                                            1. The company was founded in 2015 by Bose and chief technology officer Dhruv Kapoor as a Southeast Asia focused e-commerce firm.

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                                                                                                                                                Zilingo debtholders recall entire loan, start-up appoints financial adviser

                                                                                                                                                May 14, 2022

                                                                                                                                                The board suspended its CEO and co-founder Ankiti Bose in March with the backing of major investors, pending a probe by an independent firm they hired.

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                                                                                                                                                  2. The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China July 20, 2018. (Photo: Reuters)

                                                                                                                                                    • Alibaba lets go of 40% AliExpress Russia staff amid Ukraine war

                                                                                                                                                      May 14, 2022

                                                                                                                                                      AliExpress Russia, a joint venture launched in 2019 by Alibaba and Russian partners, operates domestic and cross-border transactions.

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                                                                                                                                                                The company had reported a net profit after tax of Rs 526 crore in the January-March quarter of the 2020-21 fiscal.

                                                                                                                                                                • Eicher Motors Q4 Results: Net profit up 16% to Rs 610 cr

                                                                                                                                                                  May 13, 2022

                                                                                                                                                                  Total revenue from operations rose to Rs 3,193 crore in the fourth quarter as compared to Rs 2,940 crore in the same period of FY21, Eicher Motors said in a regulatory filing.

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                                                                                                                                                                                  Reliance Power Q4 Results: Net loss of Rs 555 cr incurred

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                                                                                                                                                                                      Reliance Power Q4 Results: Net loss of Rs 555 cr incurred

                                                                                                                                                                                      May 13, 2022

                                                                                                                                                                                      Total income in the fiscal came down to Rs 7,686.73 crore from Rs 8,388.60 crore in 2020-21.

                                                                                                                                                                                        • Titan aims to grow 2.5 times in jewellery business in next 5 years

                                                                                                                                                                                          <small id="q9hspkmh" style="display:none !important"></small>

                                                                                                                                                                                          Titan aims to grow 2.5 times in jewellery business in next 5 years

                                                                                                                                                                                          May 13, 2022

                                                                                                                                                                                          The company said it has the ambition of its fashion jewellery Mia by Tanishq brand to clock over Rs 2,000-crore sales by FY25 from Rs 290 crore in FY22.