Companies
Amazon boosts hourly pay to over $18, to hire 125,000 workers
Amazon did not give exact figures, but a $1 raise on a $17-per-hour wage would amount to about a 6% hike
Zomato co-founder Gaurav Gupta resigns
Gaurav Gupta's exit comes days after Zomato decided to stop its grocery delivery service from September 17
Debt resolution plan can’t be withdrawn: SC
The court held that the 330 days outer limit of the CIRP under Section 12(3) of the IBC can be extended only in exceptional circumstances
TVS family gets Rs 800 crore to raise stake in Supply Chain
Under the transaction, KSSF financed TS Rajam Rubbers Private Limited with Rs 800 crore in the form of non-convertible debentures (NCDs)
ITC not admissible for services: SC
Hearing appeals on the contradictory judgements by Gujarat and Madras high courts, SC urged the GST Council to take a policy decision on it
Jet Airways to start domestic operations in Q1 2022
The airline aims to launch short-haul international flights by the third-fourth quarter of 2022
Google brings accelerator programme for digital news startups in India
The 16-week programme is tailored to the needs of startup newsrooms in India
Smartphone Launch seen as Trigger For RIL Stock
Reliance is not lonely at the top, with TCS’ market capitalisation only Rs 1.13 lakh crore lower
Sachin Bansal moves HC against ED notice
ED sent notice to Flipkart, Sachin Bansal and Binny Bansal and investor Tiger Global asking why they should not face a penalty of $1.35 bn
HDFC Life to take over Exide LIfe for Rs 6.7K cr
Once the share issue happens, Exide Industries will be on-boarded as shareholder in HDFC Life and will have 4.1% stake in the merged entity