Hong Kong/New Delhi (IANS) E-commerce platform Shopee has asked laid off employees to pay compensation for damaged work computers and in some cases, the company is asking them to pay around 2,500 yuan ($349) for an Apple system. Singapore-headquartered Shopee, … read more
Mumbai (IANS) The benchmark indices ended lower on Wednesday with Sensex falling more than 500 points, and Nifty ending over 140 points down. At close, Sensex ended 509.24 points or 0.89 per cent down at 56,598.28, while Nifty closed lower … read more
Mumbai (IANS) Indian policies relating to mining have to be reviewed and correlated with the geopolitics and the nation’s vision and other aspects so that the revamping of the industry can be done, states a sectoral report by consulting firm … read more
Mumbai (IANS) Piramal Financial and Zurich Insurance, who have submitted separate bids for the general insurance business of Reliance Capital, have decided to form an equal partnership to bid for the Reliance General Insurance. According to sources, both Piramal and … read more
New Delhi (IANS) Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as ‘Make in India’, the flagship scheme of the government to facilitate investment and foster innovation, completed eight years. As per the Ministry of Commerce and Industry, … read more
Bengaluru (IANS) E-commerce major Flipkart on Friday said that it witnessed highest-ever number of concurrent users with 1.6 million users per second as it kicked off the ninth edition of its ‘Big Billion Days 2022’ festive sales, driven by shoppers … read more
Mumbai (IANS) After economic slowdown, business interruption and cash flow/liquidity risks are the two top risks for Indian companies in the coming years, a new report said on Thursday. While 83.3 per cent of Indian businesses expect the total cost … read more
Chennai (IANS) Ford India Private Ltd, which is shutting down its plant near here, has arrived at a final severance package settlement with the workers union, the company said on Wednesday. According to Ford India, as per the agreed settlement, … read more
New Delhi (IANS) On his 72nd birthday, Prime Minister Narendra Modi launched the much-awaited National Logistics Policy 2022. The policy emphasises on reduction of logistics cost, promoting seamless movement of goods and improving competitiveness of Indian goods in domestic and … read more
Chennai (IANS) City-based Indo National Ltd — the makers of Nippo brand of batteries and torches — said on Monday that its subsidiary Kineco Ltd has bagged a Rs 113 crore order for interior works for Vande Bharat trains being … read more