TVS firm, KPN sign settlement agreement
The Hindu
TVS Automobile Solutions Pvt. Ltd on Wednesday signed a settlement pact with KPN Travels India Ltd. over the issue of payment of dues.Earlier this month, NCLT Chennai ordered insolvency proceedings ag
TVS Automobile Solutions Pvt. Ltd on Wednesday signed a settlement pact with KPN Travels India Ltd. over the issue of payment of dues.
Earlier this month, NCLT Chennai ordered insolvency proceedings against KPN Travels in a case filed by TVS Automobile Solutions. TVS had said KPN failed to pay dues of ₹3.94 crore for supplies made from August 31, 2017 to December 31, 2019 and, along with interest of 18% a year, the total outstanding worked out to ₹5.27 crore. KPN has agreed to pay ₹4.5 crore against the outstanding amount in two instalments.
The first instalment of ₹2 crore has been paid on signing the pact and the remaining ₹2.5 crore is to be paid on or before November 22, as per the agreement.
Get set to be mesmerised by Padma Bhushan Begum Parween Sultana, who will perform in Bengaluru this weekend
Tamil Nadu Finance Minister announces budget for 2025, focusing on archaeological excavations and establishment of cultural museums.
The victims in the incident were street vendors. They sold fruits and flowers in the premises of the old structure.
Over 100-year-old school library in Sawantwadi taluka faces threat from potential mining, sparking environmental and health concerns.
Axar Patel appointed captain of Delhi Capitals for IPL 2025, expressing readiness and confidence in leading the team.
Kochi City police seize 2 kg of ganja, arrest 3 students in overnight raid at Government Polytechnic College hostel.
‘Instead of accusing Gen-Z of lacking skills or discipline, we need to ask what drives them’ Premium
At a recent event held in the city, Cambridge University Press & Assessment launched an advisory panel comprising leaders from top global corporations, aiming to bridge the employability gap in India and better align academic output with industry needs. A whitepaper released at the event highlighted the growing importance of communication skills, the need for stronger collaboration between industry and universities, and strategies to bridge the persistent skill gap.
AIADMK and BJP legislators walk out of Assembly during budget presentation, demand resignation over TASMAC irregularities.
Han Kang's witness literature explores human violence and redemption, reflecting on dark chapters in South Korean history.
How did the rupee symbol come into existence: Tamil Nadu government replaces national rupee symbol with Tamil script in Budget 2025 amid language controversy.
Karnataka CM supports DMK-led opposition against delimitation, sends Deputy to Chennai meeting with Tamil Nadu CM Stalin.
Under the NBS, newborns are screened for communication disorders before they are discharged from the hospital. For this, AIISH has collaborated with several hospitals to conduct screening which is performed to detect hearing impairment and other developmental disabilities that can affect speech and language development. The screening has been helping in early intervention for those identified with the disorders, as any delay in the identification poses risk and affects successful management of children with hearing loss, according to AIISH.
Jadavpur University loses Institute of Eminence status due to budget cut, sparking political controversy and student protests.