The company, which has been in the news recently for all the wrong reasons, maintains that it was forced to rationalise the staff strength as improvements in technology resulted in certain redundancies in customer, merchant and delivery partner support teams.
Zomato and Swiggy
Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group.
OYO is also planning to set up some premium restaurants post the launch of The French Press. In recent months, the company has started four cloud kitchen brands - Adraq, O Biriyani, Paratha Pandit and Master of Momos.
The stakeholders want protection from any litigation which might arise due to fresh claims against the company, especially after PE funds have bought stake in the company and the resolution plan has been cleared by the bankers.
Digital commerce operators advertising on global social media, which earlier did not pay Google tax on their operations in Jammu & Kashmir, may now have to cough it up at 6 per cent.
Cut to 2019, and his name evokes grief and anger among more than 40,000 homebuyers who are fighting for the keys to their flats, which they should have rightfully got more than seven years back.
Over the last few days, K R Ramesh Kumar has made all efforts to ensure the Congress-Janata Dal-Secular coalition stays in power, resulting in him being under tremendous pressure.
Tamil Nadu, Telangana, Maharashtra, West Bengal and Gujarat are alarmed by the rising use of the app in smaller towns and hinterland, where it is increasingly being used for spreading hate messages and child pornography.
Globally China, Japan, Russia and South Korea and the US are the top FTTH markets.
The police have almost no way of tracking the $200 billion plus money flowing online during this World Cup.
Post elections, the company has been making frequent visits to various ministries, including the IT ministry, commerce ministry, as well as different agencies to get the hang of things in the administration.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
According to CAIT, e-commerce policy should take within its ambit not only foreign players but also domestic ones.
Some years ago, Rakesh Gangwal reportedly said his relationship with Rahul Bhatia evolved in an amazing friendship, which he termed 'blind trust'. The question is whether that is under scrutiny now.
The promoters expect to get Rs 9,000-10,000 crore from the sale of their assets
To take the Rs 49,000 crore ITC to the top slot in the highly competitive FMCG business will require some aggression.
Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.
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