In one of its biggest announcements that will impact thousands of app developers in India, Google announced that Google Play is extending its third-party billing pilot programme to India and four other countries--Australia, Indonesia, Japan, and the European Economic Area.

Earlier this year, Google Play had announced additional billing options in South Korea and had started a pilot with Spotify, the company had then stated that it will run a small pilot in other countries too.

The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd, a company official said on Thursday.

NTPC, the country's largest utility, anticipates the private placement will initially raise 20 billion rupees ($251 million) and will be followed eventually by a spin-off of the green energy unit as a separate India-listed entity, the official said.

Adani Enterprises on Thursday rejected RRPR Holding's contention that it would need the Income Tax department's nod to convert warrants into equity shares to Vishvapradhan Commercial (VCPL), its indirect subsidiary. RRPR is a promoter group entity of New Delhi Television (NDTV), which is at the centre of an acquisition by the Adani group.

Adani Enterprises said that the RRPR disclosure lacked bonafides and had no merit or basis either in law or in fact and was misconceived.

State-owned hydro power giant NHPC on Thursday said that its Director (Technical) Yamuna Kumar Chaubey has been given the charge of Chairman and Managing Director for three months beginning September 1.

Abhay Kumar Singh ceased to be the Chairman and Managing Director (CMD) of the company with effect from August 31, 2022, upon attaining the age of superannuation, a BSE filing said.

Collections from Goods and Services Tax (GST) rose 28 per cent to Rs 1.43 lakh crore in August, the Finance Ministry said on Thursday.

GST collection has remained over the Rs 1.4-lakh-crore mark for the sixth straight month in August.

In a relief to Domino's, the Delhi High Court has restrained a pizzeria from using the name "Dominick Pizza" to sell pizzas. The HC's order on Wednesday came after global restaurant chain Domino's Pizza accused Dominick Pizza of deceptively using a similar and identical logo, name, and trademark.

In its order, Delhi HC's Justice Pratibha M Singh observed that from the manner of listings of social media platforms and online ordering platforms, it was clear that the name and business of Dominick Pizza were being confused as that of Domino's outlets, reported Livelaw.in.

New Delhi Television Ltd said a major stake sale by its founders to Adani group would require clearance from India's tax authorities, adding another hurdle to the conglomerate's bid to take control of the popular news network.

The income tax department in 2017 provisionally barred the founders - Prannoy and Radhika Roy - from selling a part of their stake as part of a reassessment of their taxes, NDTV said in an exchange filing late on Wednesday .

Goa-based Molbio Diagnostics, which came up with a portable, battery operated RT-PCR point of care testing system that revolutionised India’s Covid-19 testing in the hinterland, is now planning to develop a plethora of tests to fuel its future growth.

Chandrasekhar Nair, Director and CTO, Molbio Diagnostics tells Business Standard that the platform can do 40 different kinds of tests now, and there are another 30 tests in the pipeline.

IndiGo and Virgin Atlantic on Wednesday announced they are entering into a codeshare partnership under which each carrier can sell seats on other’s flights.

The British airline currently operates two daily flights on London (Heathrow airport)-Delhi route and one daily flight on London (Heathrow airport)-Delhi route.

Ratan Tata, chairman of Tata Trusts, has made several changes to the group’s holding company Tata Sons’ policies to consolidate operations under one umbrella.

The recent change in Tata Sons’ articles of association (AoA) that separates the positions of Tata Trusts and Tata Sons’ chairman is part of a series of decisions taken by the groups patriarch since 1991.

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