The National Company Law Appellate Tribunal (NCLAT) on May 7 started hearing tech giant Google's appeal against the order by Competition Commission of India (CCI) imposing a penalty of Rs 936 crore for abusing its dominant position in the playstore ecosystem.The appellate tribunal is expected to continue the hearing on May 8. Senior advocate Sajan Poovayya appeared for the tech giant.
Open FlipUnited Breweries reported a consolidated net profit of Rs 81.55 crore for the March quarter of the financial year 2023-24, increasing eight times from the year-ago period.The Kingfisher brewer's revenue came in at Rs 4,788.68 crore, rising 17.3 percent, the company said in a regulatory filing on May 7.The Board of Directors of the Company at its meeting has approved the appointment of Mr. Jorn.
Open FlipIndia's largest non-banking finance company-microfinance institution (NBFC-MFI) CreditAccess Grameen has reported a 34% year-on-year rise in net profit for the March quarter at Rs 397 crore, supported by expansion of business and higher earnings. The net profit was Rs 297 crore in the year-ago period.Its net interest margin for the quarter improved 91 basis points to 13.1% against 12.2%.
Open Flip