Shrimi Choudhary &Amp; Peerzada Abrar

Stories by Shrimi Choudhary &Amp; Peerzada Abrar

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Rediff.com   6 Jan 2021

The development of the constitution of the tribunal comes at a time when the Delhi high court in December 2020 refused to restrain Amazon from interfering in Future Retail's deal with Reliance Retail by writing to statutory authorities.

In a way, pandemic was a boon for Indian e-commerce firms

In a way, pandemic was a boon for Indian e-commerce firms

Rediff.com   1 Jan 2021

E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year, Experts say e-commerce adoption in the country is accelerating by multiple years or what it would have looked like in 2025.

Ministries face cash crunch as winter session scrapped

Ministries face cash crunch as winter session scrapped

Rediff.com   28 Dec 2020

The health and family welfare ministry spent 70 per cent of its allocation till October. The ministry may need additional funds for the vaccination drive which is expected to be kicked off from January.

Centre may not get costly Pfizer vaccine

Centre may not get costly Pfizer vaccine

Rediff.com   22 Dec 2020

At $37 per dose, the Pfizer vaccine is much more expensive compared to $3 per dose for the Covishield.

Pine Labs' valuation tops $2 bn post funding

Pine Labs' valuation tops $2 bn post funding

Rediff.com   22 Dec 2020

This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.

Chinese hackers targeted Indians with e-shopping scams

Chinese hackers targeted Indians with e-shopping scams

Rediff.com   19 Dec 2020

'E-commerce scams are not new, but what s more alarming is the covert cyber warfare the Chinese entities are launching in India on a repeated basis.'

Sebi mulls separate department to check misuse of IPO funds

Sebi mulls separate department to check misuse of IPO funds

Rediff.com   18 Dec 2020

The new wing will be known as the corporate finance investigation department, which will be headed by one of Sebi's executive directors. This department will have information technology solutions experts, particularly to detect the menace of frauds.

Meet Asha, the robotic nurse

Meet Asha, the robotic nurse

Rediff.com   17 Dec 2020

'Imagine taking care of a patient who is infected with Covid. A human nurse is unable to do that due to fear of infection. The robot can do that task, while it is controlled or supervised by the human nurse. So the robot becomes an extension of the nurse.'

Ola Electric to create 10,000 jobs

Ola Electric to create 10,000 jobs

Rediff.com   17 Dec 2020

Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units.

Regulatory burden on 8 sectors to be eased soon

Regulatory burden on 8 sectors to be eased soon

Rediff.com   12 Dec 2020

In the first phase, most of the outdated regulations in the state and central Acts will be removed. Further, compliances with regard to annual inspections, licence renewal, and storage of multiple data will be eased.

Flipkart extends WFH till May end

Flipkart extends WFH till May end

Rediff.com   12 Dec 2020

Employees can take 'unlimited bereavement leave' in case of loss of a family member. All employees are encouraged to take breaks on a daily basis. This includes a mandatory 1-hour lunch break where no other meetings can be scheduled.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com   10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

India is the world's 9th most spammed country

India is the world's 9th most spammed country

Rediff.com   9 Dec 2020

About 98.5 per cent of all spam calls in India originate from domestic numbers. However, spam calls received by users in India have decreased by 34%.

Dhoot admits 'not genuine' financial deals with Kochhars, says ED

Dhoot admits 'not genuine' financial deals with Kochhars, says ED

Rediff.com   8 Dec 2020

In his statement to the Enforcement Directorate, Dhoot conceded that Rs 64 crore had been transferred to Deepak Kochhar's NuPower Renewables through a web of entities to allegedly acquire wind farm properties.

ED challenges clean chit to Kochhars and Dhoot

ED challenges clean chit to Kochhars and Dhoot

Rediff.com   1 Dec 2020

The ED is of the opinion that the authority stepped into the shoes of the trial court and commented on the preliminary investigation done by the CBI in the impugned order.

Why your Uber/Ola surge prices won't soar anymore

Why your Uber/Ola surge prices won't soar anymore

Rediff.com   28 Nov 2020

New norms issued as per the Motor Vehicle Aggregator Guidelines 2020 have mandated a cap on surge price, preventing aggregators from charging more than 1.5 times of the base fare.

Special forum likely for foreign investors to ease contract woes

Special forum likely for foreign investors to ease contract woes

Rediff.com   25 Nov 2020

The plan is to establish a consultative panel and appoint mediators to address various domestic issues, both at the central government and state levels.

Stimulus 4.0 might come before Diwali, focus on jobs and stressed sectors

Stimulus 4.0 might come before Diwali, focus on jobs and stressed sectors

Rediff.com   12 Nov 2020

Unlike the first two stimulus packages, this time the focus would be on boosting demand.

EPFO may now get to invest in cash-starved infra sector

EPFO may now get to invest in cash-starved infra sector

Rediff.com   10 Nov 2020

At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.

No cess on Covid-19 vaccination; but rich may be charged

No cess on Covid-19 vaccination; but rich may be charged

Rediff.com   5 Nov 2020

There was speculation that a one-time special Covid-19 cess would be imposed and that it would raise an estimated Rs 18,000 crore.