Ex Amazon Vendor Says Competition Commission Illegally Detained Employees
Reuters | Friday June 10, 2022, NEW DELHIA former top seller for Amazon in India, Cloudtail, has accused India's antitrust agency of illegally detaining its employees during a raid
Top Abu Dhabi Wealth Fund To Buy 20% Stake In IIFL Finance's Housing Loan Arm; Shares Jump 8%
Edited by Prashun Talukdar | Friday June 10, 2022, New DelhiA wholly-owned arm of Abu Dhabi Investment Authority (ADIA) will invest Rs 2,200 crore for a 20 per cent stake in IIFL Home Finance.
Tesla Cancels June Hiring Events For China After Elon Musk's Job Cut Remark
Reuters | Friday June 10, 2022, ShanghaiTesla Inc has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was "overstaffed" in some areas.
Welspun To Sell Six Road Project To Actis HIghway Infra For Rs 6,000 Crore
Press Trust of India | Thursday June 09, 2022, New DelhiInfrastructure firm Welspun Enterprises on Thursday said it has executed definitive agreements with Actis Highway Infra to sell its portfolio of operating highway projects for an aggregate enterprise value (EV) of approximately Rs 6,000 crore.
Twitter Plans Shareholder Vote By August On Sale To Elon Musk
Thursday June 09, 2022Twitter Inc anticipates a shareholder vote on its $44 billion sale to Elon Musk could come by early August, as it continues to work constructively to complete the deal with the world's richest person, the social media company's top executives told employees on Wednesday.
Citing Impact On Dairy Farmers, Amul Urges Government To Delay Plastic Straw Ban
Reuters | Thursday June 09, 2022, NEW DELHIIndia's biggest dairy group Amul has written to the Government urging it to delay a planned ban on tiny plastic straws
Vedanta Pledges 5.77% Stake In Hindustan Zinc For Rs 8,000 Crore Term Loan
Press Trust of India | Thursday June 09, 2022, New DelhiVedanta Ltd on Wednesday said it has pledged 5.77 per cent stake in Hindustan Zinc Ltd for a term loan of Rs 8,000 crore.
Reliance Capital Resolution Plan Submission Deadline May Get Extended
Press Trust of India | Wednesday June 08, 2022, New DelhiLenders to Reliance Capital may extend the last date for submission of bids for acquiring the debt-ridden financial services company till August 10
Edtech Startup PhysicsWallah Raises $100 Million
Edited by Animesh Singh | Wednesday June 08, 2022Edtech startup PhysicsWallah has become a unicorn as it has raised $100 million through a series A funding round
SEBI Orders Attachment Of Rose Valley Hotels' Bank Accounts To Recover Investors' Dues
Press Trust of India | Tuesday June 07, 2022, New DelhiSEBI has ordered attachment of bank accounts as well as share and mutual fund holdings of Rose Valley Hotels and Entertainment Ltd
More Than 1.67 Lakh Companies Registered In 2021-22: Nirmala Sitharaman
Reported by Himanshu Shekhar Mishra, Edited by Animesh Singh | Tuesday June 07, 2022Finance Minister Nirmala Sitharaman on Tuesday said that Ministry of Corporate Affairs Ministry registered more than 1.67 lakh companies in 2021-22
Elon Musk Threatens To Call Off $44 Billion Acquisition Of Twitter
Reuters | Monday June 06, 2022Elon Musk may walk away from his $44 billion deal to acquire Twitter Inc if the social media network fails to provide data on spam and fake accounts
NCLT To Take Up Amazon's Plea Against Future Group's Insolvency Proceedings On June 10
Press Trust of India | Monday June 06, 2022, MumbaiNCLT will hear Amazon's petition opposing initiation of insolvency resolution proceedings against debt-ridden Future Retail Ltd on June 10
Looking At Green Mining Options, Says Coal India Chairman
Press Trust of India | Monday June 06, 2022, New DelhiCoal India Limited is looking at green mining options and enhancing production from its underground mines, which are favourable for cleaner ecosystem
Restaurants Can't Add Service Charge In Food Bills: Piyush Goyal
Press Trust of India | Friday June 03, 2022, New DelhiFood and Consumer Affairs Minister Piyush Goyal on Friday asserted that restaurants cannot add 'service charge' to the food bills, though customers at their discretion can give "tips" separately.