Storyboard18 caught up with Tata Starbucks CEO Sushant Dash on the sidelines of a new merchandise-line launch, where he spoke about the company’s expansion strategy, new initiatives and what else is brewing.

HDFC has moved insolvency tribunal NCLT against the country's leading multisystem operator SITI Networks Ltd for an alleged default of Rs 296 crore. "The company has received the notice of the said case on April 13, 2022," the Essel group firm said adding it "is compiling information to verify the facts claimed in the said petition filed by HDFC." HDFC, in the petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), has claimed a total default of Rs 296.06 crore, with respect to the financial facility provided by it.

The company's statement comes in backdrop of the the recent controversy at BharatPe, of which Sequoia is the largest shareholder.

Oriental Hotels Ltd reported a consolidated net profit of Rs 1.38 crore in the fourth quarter ended March 31, 2022. The company had posted a consolidated net loss of Rs 4.66 crore in the same period a year ago, Oriental Hotels Ltd said in a regulatory filing. Consolidated net loss in FY21 was at Rs 53.58 crore, the filing said. Consolidated revenue from operations during the year was at Rs 219.40 crore as against Rs 115.88 crore in FY21.