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As Indias largest private sector port developer and operator, we will accelerate Indias and APs industrialisation, Adani Group Chairman Gautam Adani said in a tweet. (Image credit: Twitter/@Adaniports)

Firms see Covid as top risk

The extent to which the coronavirus disease may affect our business and operations in the future is uncertain and cannot...

13 Dec 2021 9:26 AM IST

Garg, who is in his mid-40s, cited market efficiency, performance and productivity as the reason behind the firings. (Representational Image: Reuters)

Indian-origin CEO who fired 900 on Zoom call takes time off after...

On Dec 1 over a Zoom call that lasted less than 3 minutes, Garg abruptly fired more than 900 employees, about 9% of the...

11 Dec 2021 2:32 PM IST

Google Pay has started its own Tez Shots Campaign which says, Score Runs to earn assured rewards worth up to Rs 1 lakh . Yet Play Store policies that got Paytm temporarily removed did not apply to Google Pay, the home-grown digital financial services firm alleged.

Paytm gets scheduled bank status

While a payments bank cannot access the call money market or the interbank line, a scheduled bank can

10 Dec 2021 9:15 AM IST

Dey also introduced a new concept of business development officers (BDO), by which 50 per cent officials will focus on marketing the insurers products. orientalinsurance.org.in

Oriental weighs options in resizing network

OIC CMD Anjan Dey asked the officers to identify profitable products and lines of business, besides improving the claim...

10 Dec 2021 9:07 AM IST

SpiceJet dismisses security lapse findings. (Photo: ANI)

Airlines, airports suffer Rs 20K cr losses

In the pandemic year of FY21, airlines are estimated to have incurred loss of about Rs 19,564 cr and airports losses of...

7 Dec 2021 12:20 AM IST

Built on WhatsApp Business Platform, the partnership will expand access to Ubers mobility services in one of the companys largest international markets, it was stated. (Photo: Agencies)

Uber, WhatsApp announce partnership to launch ride-booking via...

The first roll out on a pilot basis will take place in the northern city of Lucknow first, and will be expanded to other...

2 Dec 2021 12:48 PM IST

Ravi will also be the managing trustee of SOT and others will be trustees. The SOT was formed in 2006 as a private discretionary trust. As per reports, SOT owns close to a 30 per cent stake in the groups holding company Shriram Capital. Representational image/By arrangement

Shriram Group puts succession plan in place

The board members have been appointed by Shriram Ownership Trust (SOT), which will function as the promoter group

1 Dec 2021 10:53 AM IST

Anil Ambani , CEO , Reliance Communications. (PTI Photo)

RBI appoints advisory panel to assist R-Cap administrator

The members: Sanjeev Nautiyal, ex-deputy MD, SBI; Srinivasan Varadarajan, ex-deputy MD, Axis Bank, Praveen P. Kadle,...

1 Dec 2021 10:47 AM IST

After delaying the launch of its electric scooter for a year, Ather Energy is finally gearing up to launch the S340 in India with bookings scheduled to begin in June 2018.

Ather starts second factory

Ather is setting up a second plant near its existing facility at Hosur in Tamil Nadu to ramp up its capacity to 4,00,000...

1 Dec 2021 10:37 AM IST

Amazon, which is trying to block Asias richest man Mukesh Ambani from taking over the struggling Future retail chain, alleged last week that money from the local firm may have been diverted to other companies. (Bloomberg)

India's anti-money laundering agency summons Amazon

We are in receipt of summons issued by the ED in connection with the Future Group, an Amazon spokesperson said

28 Nov 2021 2:08 PM IST

Paytm plans to raise Rs 18,300 crore from the IPO. (Photo: PTI)

Paytm Q2 loss widens to Rs 473 crore

Shares of the company closed at Rs 1,781.15 apiece, down by 0.86 per cent on the BSE on Friday

27 Nov 2021 12:54 PM IST

SBI reports over four-fold jump in Q4 profit. (PTI Photo)

Digital transaction charges row: No charges for basic savings bank...

The bank further said that the Central Board of Direct Taxes (CBDT) advised banks to refund charges collected on or...

24 Nov 2021 1:54 PM IST