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The stock of Fusion Finance (formerly Fusion Microfinance) has gained over 9% in three trading sessions to August 28 following the company’s announcement on exchanges that the Odisha State Tax department has dropped the show cause notice issued in May directing the company to pay nearly Rs 1.2 crore towards penalty for the excess claim of input credit regarding state GST.
The Economic Times

The Economic Times

Fusion Finance likely to face short term challenges amid rising credit costs, lower collection efficiency

The stock of Fusion Finance (formerly Fusion Microfinance) has gained over 9% in three trading sessions to August 28 following the company’s announcement on exchanges that the Odisha State Tax department has dropped the show cause notice issued in May directing the company to pay nearly Rs 1.2 crore towards penalty for the excess claim of input credit regarding state GST.

The stock surged after the company received approval from the National Company Law Tribunal in Chandigarh for the amalgamation scheme involving Just4Kids Services Private Limited, Fusion Cosmeceutics Private Limited, and Honasa Consumer.
Mint

Mint

Honasa Consumer shares jump 14% to fresh record high; here's what driving the rally?

The stock surged after the company received approval from the National Company Law Tribunal in Chandigarh for the amalgamation scheme involving Just4Kids Services Private Limited, Fusion Cosmeceutics Private Limited, and Honasa Consumer.

Mon, Aug 26, 2024

Honasa Consumer got an order from NCLT regarding its scheme of amalgamation with Just4Kids Services and Fusion Cosmeceuticals
Business Standard

Business Standard

Mamaearth's parent Honasa Consumer clocks all time high; here's why

Honasa Consumer got an order from NCLT regarding its scheme of amalgamation with Just4Kids Services and Fusion Cosmeceuticals

Mon, Aug 26, 2024

ibis Styles Mysuru seeks to redefine hospitality with its fusion of contemporary design and cultural nuances. The hotel's interiors draw inspiration from the vibrant birds of Ranganathittu Bird Sanctuary, creating a welcoming atmosphere for guests. With 130 well-designed rooms, ibis Styles Mysuru caters to a variety of needs, offering comfortable accommodation for travelers. The hotel's 30 suites feature designated kitchenettes, private balconies, spacious living areas, and family-friendly rooms. The hotel also houses a dedicated children's play area.
Business Standard

Business Standard

Brigade Group launches ibis Styles Mysuru in partnership with Accor

ibis Styles Mysuru seeks to redefine hospitality with its fusion of contemporary design and cultural nuances. The hotel's interiors draw inspiration from the vibrant birds of Ranganathittu Bird Sanctuary, creating a welcoming atmosphere for guests. With 130 well-designed rooms, ibis Styles Mysuru caters to a variety of needs, offering comfortable accommodation for travelers. The hotel's 30 suites feature designated kitchenettes, private balconies, spacious living areas, and family-friendly rooms. The hotel also houses a dedicated children's play area.

Sat, Aug 17, 2024

The mutual fund holding in microfinance lenders like CreditAccess Grameen and Fusion Micro has been on a rise despite the stocks underperforming the benchmark. Here are the reasons why fund houses are bullish on them.
The Economic Times

The Economic Times

4 reasons why MFs are stocking up on CreditAccess Grameen and other microfinance lenders

The mutual fund holding in microfinance lenders like CreditAccess Grameen and Fusion Micro has been on a rise despite the stocks underperforming the benchmark. Here are the reasons why fund houses are bullish on them.

Thu, Jul 11, 2024

Amrut Distilleries from Bengaluru has made headlines by winning the esteemed title of "World's Best Whiskey" at the 2024 International Spirits Challenge in London. This accolade, part of a prestigious competition featuring top global whiskey brands, highlights Amrut's exceptional performance with five gold medals in the competitive "World Whisky Category." Led by its flagship single malt, Amrut Fusion, the distillery's success underscores India's growing prominence in the international spirits arena and its commitment to crafting whiskies of unparalleled quality and taste.
The Economic Times

The Economic Times

Amrut Distilleries wins "World's Best Whiskey" title at 2024 International Spirits Challenge

Amrut Distilleries from Bengaluru has made headlines by winning the esteemed title of "World's Best Whiskey" at the 2024 International Spirits Challenge in London. This accolade, part of a prestigious competition featuring top global whiskey brands, highlights Amrut's exceptional performance with five gold medals in the competitive "World Whisky Category." Led by its flagship single malt, Amrut Fusion, the distillery's success underscores India's growing prominence in the international spirits arena and its commitment to crafting whiskies of unparalleled quality and taste.

Wed, Jun 26, 2024