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Last month, Ujjivan SFB had appointed Carol Furtado to take charge as officer on special duty (OSD) till Sept. 30, following the resignation of Nitin Chugh as MD and CEO. (Twitter)Business
RBI okays panel running Ujjivan SFB

Ujjivan SFB its board, in parallel, will evaluate suitable candidates for the MD & CEO position, and submit two names to...

17 Sept 2021 3:03 AM IST

The company has filed a draft red herring prospectus with the Sebi to raise capital through an IPO to pay off debts.(Photo: SBPIL website)Business
High steel prices boost growth aspirations of Shri Bajrang

The company also proposes to set up a Rs 175-crore, 50 MW solar power plant

16 Sept 2021 7:59 AM IST

Walmarts Flipkart eyes alcohol delivery foray with Indian startup, letters show. (PTI Photo)Business
Flipkart to hire 1.15 lakh for festivals

The Big Billion Days require investments for capacity, storage, sorting, packaging, human resour-ces, training, and...

16 Sept 2021 7:54 AM IST

VILs debt from banks and financial institutions stood at Rs 23,400 crore. (Photo: PTI)Business
Telecom relief eases default risk for banks

However, bankers said they are awaiting the plan of action from the telecom companies to assess the situation

16 Sept 2021 7:24 AM IST

\Seven passengers on Sundays Air India Delhi-Auckland flight have tested positive for COVID-19 three days after arrival,\ New Zealand government official said. (PTI)Business
Tata Group makes financial bid for Air India sale

The government declined to share any details on expectations from the sale of Air India

15 Sept 2021 7:31 PM IST

Britains economy shrank by one fifth in the second quarter, more than any European neighbour, as the lockdown plunged the country into its deepest recession on record. Amazon, which has already created 3,000 new permanent UK roles this year, said it will offer more than 20,000 seasonal positions across the country ahead of the festive period. (Photo | AFP)Business
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

14 Sept 2021 5:37 PM IST

Gaurav Gupta was designated as a co-founder in 2019, and headed the supply function at Zomato. (Photo: Twitter)Business
Zomato co-founder Gaurav Gupta resigns

Gaurav Gupta's exit comes days after Zomato decided to stop its grocery delivery service from September 17

14 Sept 2021 2:03 PM IST

Supreme Court made clear to the Centre on Friday that it would not pass any order on the plea seeking closure of cases against two Italian marines. (PTI Photo)Business
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...

14 Sept 2021 8:55 AM IST

Kotak Special Situations Fund (KSSF) has invested Rs 200 crore in the form of equity in TVS SCS, which is a leading third-party logistics (3PL) services provider with global operations. LinkedInBusiness
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...

14 Sept 2021 8:50 AM IST

Now, the cases heard by the Supreme Court have anywhere between two and 30 parties. Who decides who will be unmuted? (PTI)Business
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...

14 Sept 2021 8:43 AM IST

Jet Airways aircraft (PTI File)Business
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

13 Sept 2021 1:29 PM IST

Google and Amazon said they will work with UK regulators in their investigation. (AFP Photo)Business
Google brings accelerator programme for digital news startups in India

The 16-week programme is tailored to the needs of startup newsrooms in India

9 Sept 2021 3:28 PM IST

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