ASTHANA
Tata Cliq struggles as losses rise after exit from key categories
In the filings to the Registrar of Companies (RoC) made on July 25, Tata UniStore attributed the drop in turnover to the platform’s exit from certain categories of electronics, and said the loss increased as it continued to invest in scaling up the business.
IRDAI appoints Liberty General Insurance as lead insurer for Delhi
Liberty General Insurance on Thursday was appointed as the lead insurer for Delhi by the Insurance Regulatory and Development Authority of India (IRDAI). The appointment comes as a part of IRDAI’s State Insurance Plan, which aims to enhance financial awareness and drive insurance inclusion in collaboration with other insurers.
Tata Digital to rejig top deck, hires new CEO to steer Cliq
Post Mukesh Bansal exit, another senior executive Shivcharan Pulugurtha has left the company.
Patanjali Foods to invest up to Rs 1,500 cr on capex in next 5 years
"Our estimation is over five years, we'll invest about Rs 1,200 crore to Rs 1,500 crore of capital expenditure...Most of the expenditure will happen in year four and five, which is where we are pushing for and the rest in the initial years. We have enough capacity and capex already laid out," PTI quoted Asthana as saying.
Nykaa restructures senior management after executive exodus
In a regulatory filing on April 24, Nykaa said the new leaders will join existing leadership, now comprising over 50 leaders, and will be “instrumental in driving the company's growth agenda forward”.
Nykaa says cut in discretionary spending is hurting fashion business
“Consumer pullback in discretionary spends has had some impact on our fashion business, leading to subdued growth in NSV (net sales value) this quarter,” Nykaa said in a stock exchange filing.
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Five key executives quit Nykaa amid pressure on beauty retailer's stock price
This comes after the company’s chief financial officer Arvind Agarwal resigned from the firm in November last year and soon joined payments firm PayU, as reported by ET.
Promoter shares locked in till April of 2023; expect Patanjali Foods dilution in next couple of months: CEO
Patanjali Foods is in talks with investors and is confident that it will be able to sail through with the dilution process. The company needs to raise fresh capital, but it does not need the money at this time. The company is looking to deploy the money towards supporting further investments. The company is debt-free and should be able to raise the money through an OFS or QIP.
We should see a good pickup in the rural demand: Sanjeev Asthana, Patanjali Food
After the sudden drop, which happened in the second quarter, which impacted across the board all the global companies, our margins should be very positive. Last quarter itself we did exceedingly well. And this quarter also we are expecting to show in good results.
ETtech Interview | Non-tech sectors modernising faster as growth slows at tech firms: Postman CEO Abhinav Asthana
The most valued Indian Software-as-a-Service (SaaS) startup at $5.6 billion, Postman has partnered with companies like Axis Bank and Disney Hotstar in the domestic market.
What Patanjali Food’s Sanjeev Asthana is expecting from the Budget
“There was a dip in the rural demand and post the harvest, the high commodity prices and due to the wedding season overall, there was a good uptick in the rural demand in this quarter. I am anticipating that at the back of pretty much similar reasons, we should see the demand momentum continuing to go forward but the growth rate is slightly tempered.”
Very robust Q3 & Q4, premiumisation on plate for most FMCG cos: Patanjali Foods CEO
"In the edible oil category, you will soon see us working towards the premium end of the oil bracket. We are also working on the atta and besan and grocery items. Similarly, we are working on range of juices. A lot of effort goes on in making a consumer move towards the premium end of the product range, where they must see a very visible and clear differentiation between what they were buying earlier and what they are consuming now."
Tamil Nadu cadre IPS officer Sanjay Arora takes charge as Delhi Police commissioner
The 57-year-old officer, who headed the paramilitary force Indo-Tibetan Border Police (ITBP), was once part of the Tamil Nadu Police's special task force which later hunted down forest brigand Veerappan. He will succeed Rakesh Asthana, a Gujarat cadre IPS officer, who retired on Sunday after nearly 38 years in service.
Delhi: Video of 5-yr-old lying on terrace with hands, legs tied surfaces, netizens demand action
Police have located the building to be situated in Khajuri Khas area and traced the family of the girl. Enquiries are being made and legal action will be taken against the family, a senior police officer said. Meanwhile, social media users expressed outrage over the incident and demanded action against the culprits. One of the users also tagged Delhi Police Commissioner Rakesh Asthana and Delhi Commission for Women chief Swati Maliwal.
Delhi BJP requests police chief not to allow city bars open till 3 am
Delhi BJP Spokesperson Praveen Shankar Kapoor on Sunday in a letter to Police Commissioner Asthana requested him to not accept the proposal of the Delhi government to allow bars and liquor-serving restaurants to open till 3 am as "it's not in public interest".
3 more arrested by Delhi Police in Jahangirpuri violence case
While Jahir Khan alias Jalil (48) and Anabul alias Sheikh (32) were nabbed from Jahangirpuri on Friday, the third accused, Tabrez (40), was arrested from the same area on Saturday, they said.
Majority of shops shuts, situation remains tense in Jahangirpuri
Earlier in the day, the Delhi Police investigation team came under a "minor" attack after it went to the house of a man who was seen firing a gunshot during violence in Jahangirpuri.
14 teams of police tasked to probe Jahangirpuri violence: CP Rakesh Asthana
On the violent clashes, the Delhi top cop said, "An altercation between the two groups erupted, now what was the altercation and why it happened, saying anything on this before concluding the investigation will not be right." Earlier Ravindra Yadav, Special Commissioner of Police, Crime Branch informed that the Delhi Police Crime Branch and the district police are jointly probing the incident.
Jahangirpuri violence: Delhi police scanning social media to curb misinformation
Talking about the investigation into the incident, he said the police are doing an analysis of the CCTV footage of the incident and digital media. "Analysis of CCTV footage and digital media is being done. Forensic Science Laboratory teams have visited the scene of crime today," Asthana said. Meanwhile, the Delhi Police Crime Branch and the district police are jointly probing the incident, said Ravindra Yadav, Special Commissioner of Police, Crime Branch.
Heavy security deployed in Delhi's Jahangirpuri after clashes
Meanwhile, Union Home Minister Amit Shah spoke to the Delhi Commissioner of Police and Special Commissioner of Police (Law and Order) over the Jahangirpuri incident and asked them to maintain law and order, according to official sources.
Target to ensure 25% women in force by 2025, says Delhi Police Chief Asthana
Addressing the gathering on the Delhi Police Raising Day, Asthana said, "The safety of women and vulnerable sections is a top priority for the Delhi Police. With the blessings of the home ministry, our target is to raise the participation of women police personnel to one-fourth of the total strength by 2025."
Artificial Intelligence to drones to CCTVs: Delhi Police plans big changes this year
"Use of Drones, Artificial Intelligence, Machine Learning and predictive policing is an integral part of our crime control and mitigation strategy. Besides this, high tech gadgets and vehicles fitted with advanced cameras are being used to conduct operations centrally from the control centre. We will expand this in a big way," said Commissioner Asthana.
SC seeks Centre, Rakesh Asthana's replies on NGO's plea against his appointment as Delhi CP
The Supreme Court on Friday agreed to hear the plea of an NGO challenging the Delhi High Court order which upheld the Centre's decision to appoint senior IPS officer Rakesh Asthana as Delhi Police Commissioner.
No irregularity, illegality in appointment Rakesh Asthana as Police Commissioner, says HC
A bench of Chief Justice D N Patel and Justice Jyoti Singh said that the procedure adopted for appointment of the 1984-batch IPS officer was being followed for “nearly over a decade” and some “free movement of joints” has to be given to authorities in such matters in view of the unique requirements of the national capital.
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