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Business
Swiggy To Shut Scootsy, Merge Operations
Mumbai: Swiggy is set to shut down Scootsy — its Mumbai-based premium food delivery services platform — and merge operations with the company’s mobile application.
The merger is expected to help Swiggy get hold of Scootsy’s high-end…
Kiran Mazumdar Shaw Named EY World Entrepreneur Of The Year 2020
Kiran Mazumdar Shaw, founder and current Chairperson and Managing Director of Biocon Limited, has been named EY World Entrepreneur Of The Year for 2020.
Shaw, a front runner in India's pharmaceutical industry, has become the third Indian…
Unlock 1.0: PM Modi Proposes 5 I’s To Boost Economy
New Delhi: Prime Minister Narendra Modi on Tuesday emphasized on 5 I's — Intent, Inclusion, Investment, Infrastructure and Innovation — to bring the distressed economy back on track.
Speaking at the Confederation of Indian Industry (CII)…
CM Palaniswami Invites Major Global Companies To Set Up Base In TN
Chennai: Several major US companies are expected to move out of China following differences between White House and Beijing over issues like the global Covid-19 pandemic. Many countries, including India, are looking to pounce on this…
Corona Impacts Economies: Poverty To Engulf 672 Million Children By 2020-End, Says Report
New Delhi: The coronavirus pandemic has halted the world economy pushing many households into distressing circumstances.
Amid the financial hardship across the globe, child poverty especially in low and middle-income countries could…
Donations By Companies To PM-CARES Fund Finally Notified As CSR
New Delhi: Donations made by companies to the Prime Minister’s Citizens Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) will be considered as expenditure on corporate social responsibility, Corporate Affairs ministry has…
Hike In Food Prices Across Country, RBI Expects Inflation To Fall Below 4 % In FY21
New Delhi: The Monetary Policy Committee (MPC) set up by the Reserve Bank of India (RBI) has predicted a slump in total inflation below the target of 4 per cent by Q3 and Q4 of FY21.
Amid the nationwide lockdown, the supply of food items…
RBI Relief: Borrowers Can Extend Loan Repayment Till August 31
New Delhi: RBI Governor Shaktikanta Das on Friday extended the loan moratorium by another three months.
The borrowers can defer the loan EMI installments during the moratorium period till August 31.
"Since the businesses are shut amid the…
Corona Hits Revenues: Ola To Layoff 1400 Employees
Bengaluru: The coronavirus pandemic has severely hit the businesses across the country. Amid the crisis, taxi aggregator Ola has decided to issue pink slips to 1,400 employees due to revenue loss of over 95 per cent in the last two months.…
No Pink Business in Asian Paints To Tide Over COVID Induced Crisis
New Delhi: At a time when layoff and salary cut has almost become the only survival mantra of the Indian companies, Asian Paints is playing role reversal by raising staff salaries and fulfilling direct cash support.
The paints major has…