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Business Standard

Atishi to replace Kejriwal as Delhi chief minister

City Minister Gopal Rai announced the appointment, stating that Atishi would serve as Chief Minister until the next assembly elections, which the AAP hopes to hold in October or November of this year.

Business Standard

Proximus Opal completes divestment of 6.03% stake in Route Mobile

Route Mobile announced today that its promoter entity, Proximus Opal S.A., has successfully divested a 6.03% stake in the company through an Offer for Sale (OFS) on 12 September and 13 September 2024, in addition to the 1.95% sell down that was completed on 26 July 2024, to comply with the minimum public holding requirement of 25%. The OFS was oversubscribed and received strong participation from long-only marquee investors.

The Economic Times

Airtel dials rivals to form anti-spam front, with DoT and TRAI pushing for a solution

Indian telecom operators are exploring collaboration to tackle spam calls and messages. Bharti Airtel CEO Gopal Vittal has suggested sharing corporate connection details among rivals like Reliance Jio and Vodafone Idea to monitor misuse. This initiative follows government directives aimed at reducing unsolicited commercial communications and emphasizes collective responsibility in addressing the issue.

CNBC TV18

Route Mobile promoter Proximus Opal to sell 6.03% stake via OFS on Sept 12-13

Proximus Opal acquired an 83.1% stake in Route Mobile in May this year.

The Economic Times

Promoter entity Proximus Opal to sell 6% stake in Route Mobile via OFS; floor price set at Rs 1,635/share

The upcoming share sale starts on Thursday for non-retail investors, with retail investors getting their chance on Friday. Proximus Opal currently holds a majority stake in Route Mobile. This offering aims to comply with SEBI's regulations on minimum public shareholding.

Mint

Bikaji Foods, Gopal Snacks, Prataap Snacks shares jump up to 10% after GST cut on namkeen

Bikaji Foods share price gained as much as 7.76%, while Gopal Snacks share price jumped 10% and Prataap Snacks shares surged 8.05%.

CNBC TV18

Gopal Snacks, Bikaji Foods shares rally over 7% after GST Council cuts rates on Namkeen

It must be noted that the GST rate on namkeen or savoury items such as fruit & vegetable chips, bhuijas, snack foods etc. are already at 12%.

The Economic Times

NCLT dismisses Bank of Maharashtra’s plea against personal guarantors of Gopal Krishna Oil Tech Industries

The National Company Law Tribunal in Mumbai has dismissed the Bank of Maharashtra's application to initiate insolvency proceedings against the personal guarantors of Gopal Krishna Oil Tech Industries Pvt. Ltd. The tribunal ruled that the lender approached beyond the limitation period, making the petitions not maintainable.

CNBC TV18

Nykaa Fashion sues Tata Cliq CEO for alleged breach of confidentiality and data misuse

The e-commerce giant claims that Gopal Asthana, Nykaa Fashion's former Chief Business Officer, used confidential information to benefit his current employer, Tata Cliq, where he now holds the position of Chief Executive Officer.

Mint

Nykaa sues former chief business officer Gopal Asthana over alleged data misuse and breach of confidentiality

Nykaa has filed a lawsuit against former chief business officer Gopal Asthana for breaching confidentiality and misusing company data. The Bombay High Court has issued an interim order preventing Asthana from hiring employees from Nykaa to Tata Cliq.

Hindustan Times

Nykaa sues ex-executive Gopal Asthana who now heads Tata Cliq: Report

Nykaa sued former CBO Gopal Asthana for breaching confidentiality and misappropriating data. The company claims he recruited former staff for Tata Cliq.

Hindustan Times

Government approves ONGC's Rs.18,365 crore additional investment proposal in OPaL to increase petrochemical presence

The government has approved ONGC's additional invetsment in petrochemical complex OPaL for the oil and gas major to diversify into petrochemicals

The Economic Times

Centre approves investment of Rs 10,501 cr in ONGC Petro additions Ltd

The central government has granted an approval letter to Oil and Natural Gas Corporation Limited (ONGC) to invest significantly in ONGC Petro additions Limited (OPaL), the company informed the exchange in a filing.

The Economic Times

High-speed WiFi expanded across 1,200 cities: Airtel CEO Gopal Vittal

Bharti Airtel's CEO, Gopal Vittal, announced that the telecom company has significantly expanded its WiFi availability across India. Previously limited, Airtel's high-speed WiFi service is now accessible in over 1,200 cities nationwide.

The Economic Times

Gopal's Sweets to invest Rs 150 crore to set up a manufacturing unit in Mohali Industrial Economic Zone

Gopal's Sweets is investing Rs 150 crore to establish a manufacturing unit in the Mohali Industrial Economic Zone (MIEZ). Spread over 150 acres, MIEZ plans to expand to 500 acres, offering strategic connectivity. The unit will process Punjab's farm products, enhancing local agricultural operations. MIEZ hosts over 50 industries and benefits from Invest Punjab and MSME "Make in India" initiatives.