E-commerce giant Amazon on Thursday announced a $250 million (about Rs 1,873 crore) fund that will focus on digitising small and medium businesses, and driving innovation in the areas of agri-tech and health-tech in India. "Small and medium sized businesses are often the engine and the lifeblood of economies and I think it's true in India as well. "And we are very passionate about trying to enable acceleration of SMBs in fuelling innovation and the economy in India," Amazon Web Services CEO Andrew Jassy said.
The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
The country's exports dipped 8.74 per cent to $23.52 billion in November on account of contraction in shipments of key sectors like petroleum, engineering, chemicals and gems and jewellery, official data showed on Tuesday. Trade deficit during the month narrowed to $9.87 billion as imports too declined by 13.32 per cent to $33.39 billion.
Many celebrities including cricket icon Sachin Tendulkar and legendary singer Lata Mangeshkar rallied around the central government on social media using hashtags #IndiaTogether and #IndiaAgainstPropaganda following tweets by Rihanna and climate activist Greta Thunberg backing farmers who are protesting near Delhi border.
In the end, it turned out to be a nightmare with dark clouds hovering over the future of this Indian team and no sign of 'VIBGYOR' in the Rainbow Nation.
'All selectors must be sufficiently thick-skinned and prepared to take criticism.' T C A Srinivasa Raghavan checks out Ravi Shastri's first book.
Exports of petroleum products, chemicals, pharmaceuticals, gems and jewellery, and engineering goods registered a positive growth.
'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'
'While I was leaving the show, he said, "Urfi, you are being ungrateful".' 'I was like, "Moron, I am going out of the show. What do you want me to be grateful for?"'
Ajit Mishra answers reader queries on the stock market.
Trade deficit during the month narrowed to $17.4 billion as against $12.72 billion in the same month last year
PNB issued a formal appointment letter to Belgium-based consultancy firm BDO
'The fact remains that as of today, the justice that I deserve is far off, as it shall take time to prove my innocence, and the future seems uncertain presently,' Mehul Choksi tells his employees in a letter.
Choreographer Saroj Khan passed away in the early hours of Friday due to cardiac arrest.
On the occasion of Ram Navmi, five Ram bhajans from Hindi films that you probably haven't heard, but should right away.
As per the White Paper issued by FICCI Gems & Jewellery Group -- the total size of the Gems & Jewellery Sector (both domestic and exports) was about Rs 4,15,000 crore (Rs 4,150 billion).
From silver screen and small, here are Sukanya Verma's 10 favourite male performances of the year.
'To keep laughing is the most important thing in life.'
'All the actresses we approached for the role of Sakeena were demanding a lot of money. After a point, we collectively decided that we would cast a new face opposite Sunny Deol and the money that we would save by doing so, we would give it to Amrish Puriji and get him onboard for the role of Mayor Ashraf Ali. I was completely okay with signing a new heroine but there is no alternative to Amrish Puriji in the industry.'
According to the RTI reply, absconding diamantaire Choksi's company Gitanjali Gems tops the list of the defaulters with a whopping amount of Rs 5,492 crore. This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore. Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies to default on the payment. Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.
Soon after Unlock 1, the industry - which is estimated to polish nine of 10 rough diamonds in the world - resumed operations, but a surge in cases at diamond polishing cluster, especially in Katargam and Varachha, forced units to go into a voluntary lockdown, which continued until recently.
Movie legends Dharmendra and Sharmila Tagore share their memories of Shashikala, who passed into the ages on Sunday with Subhash K Jha.
ED attached 21 properties of Nirav Modi and his group worth over Rs 523 crore.
Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned off over Rs 6,344.96 crore from the Punjab National Bank (PNB) using fraudulent letters of undertaking and foreign letters of credit, a CBI investigation into the scam has detected. The findings were submitted by the CBI in a supplementary chargesheet filed before a special court in Mumbai last week, where the agency said the PNB was conned by its employees who were allegedly hand in gloves with Choksi and his company executives and who facilitated the scam as part of a criminal conspiracy. The PNB officials at the bank's Brady House branch in Mumbai issued 165 letters of undertaking (LoUs) and 58 foreign letters of credit (FLCs) during March-April 2017, against which 311 bills were discounted.
It stirs up your emotions and you end up feeling attached to each of the characters in Uyare like you've known them forever, feels Divya Nair
Don't expect the synthetic stones to surpass natural ones anytime soon because the world's biggest miners of diamonds aren't looking to get into man-made diamonds.
A diamond bracelet and jewelled decorative elephants from Jaipur are some of the Indian heirlooms that made up a collection of 350 personal items belonging to Patricia Mountbatten, Lord Louis Mountbatten's eldest daughter, which fetched over £5.6 million (Rs 56 crore) at an auction in London.
Over 300 associations, that consists of over 3 lakh manufacturers, retailers, wholesalers and artisans among others, are participating the nationwide stir.
'My main ambition is to be on the sets everyday for the rest of my life.'
'These days you are the main inspiration for a lot of young film-makers. They are mimicking your films.'
Relationship problems? Let Love Guru help.
'Once Mohanlal's ever-swelling entourage grasped his enormous worth, once it realized that the innate Mohanlal appeal could be profited from, it set about to exploit, to make uproars, to create the Mohanlal brand.' 'And he wasn't meant to be a brand. He was meant to be an artist, a tireless explorer of the unique seas inside him,' asserts Sreehari Nair.
The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.
ICAI intends to investigate the chartered accountants of PNB but the bank allegedly refuses to give the information sought.
Janhvi, Sara workout together... Ayushmann celebrates nine years of Vicky Donor...
Sukanya Verma presents a playlist of 100 Lata Mangeshkar songs from different decades of Hindi films -- songs that make me sing, smile, sob and sigh.
In a bid to curb harassment of taxpayers, Sitharaman said, a faceless e-assessment scheme was launched in October to eliminate interface between an assessing officer and a taxpayer.
The glass is always full when it comes to OTT. Sukanya Verma brings you everything you can catch on streaming platforms this week.
Subhash K Jha picks five unforgettable Hindi films that capture the inequality of the caste system.
The spotlight is back on the hawala trade in diamonds.
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