The regulator has also cancelled the licences of three packagers providing services to Subhiksha for violating the packaging rules. The warehouses are based in Bhiwandi, which is on the outskirts of Mumbai.
An ex-serviceman has been arrested for allegedly spying for Pakistan's intelligence agencies, police said in Amritsar on Tuesday.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
In December last year, Amazon invested over Rs 1,700 crore into its payments and wholesale business units in India, while in October it had infused over Rs 4,400 crore (more than USD 600 million) in its various units in India, including marketplace and food retail. Bezos last visited India in 2014 when he presented Amazon's Indian unit with a giant cheque for USD 2 billion. Since then, Amazon has pledged a further USD 3.5 billion to expand in the country and the USD 1 billion investment announced on Wednesday would take the total committed investment to USD 6.5 billion.
India's biggest discount retailer said hundreds of its stores were attacked over the weekend, after it failed to pay its security guards because of liquidity troubles.
The government has the upper hand in the ongoing negotiations, and it is unclear if a real debate will happen, observes Tulika Narayan.
In just one day, more than 1,550 Americans lost their lives, taking the fatalities to over 7,380. Overall, the US on Friday in a single day added more than 33,000 new COVID-19 cases, taking the total to 276,500, the highest for any country in the world.
The aim is to replace nearly 40 per cent of its existing last mile fleet of delivery vans with EVs by March 2020. o start with, the company is looking at deploying nearly 160 e-vans by the end of 2019.
The company plans to offer end-to-end logistics solutions where it has custodial charge of the cargo. Till the back-end warehouse infrastructure is ready at the airline's national hub in Nagpur, Gopinath's freighters will fly the Dubai-Mumbai-Delhi-Hong Kong route, offering dedicated cargo space to freight forwarders and serve anyone who wants to move international freight to these cities for time-definite delivery.
Amazon's single largest building is also the single largest building in Hyderabad city. Spread over 9.5 acres, this multi-storied building comprises of 290 conference rooms, casual and collaborative work spaces that will house 15,000 employees, along with private areas, interfaith prayer rooms, mothers room, quiet rooms, showers, unisex rest rooms and a huge cafeteria besides a helipad on the building roof.
"We searched the warehouse on Tuesday night and found the bag which contained one pistol, two live bullets, one air pistol, a seven inch long pipe bomb and 19 compact discs and DVDs," Chudasama said.
A recent study shows that more than 100 million people are excluded from the public distribution system because the central government insists on using 2011 population figures to calculate state-wise PDS coverage, which effectively leaves out 100 million people, reports Sanjeeb Mukherjee.
A study by eminent economists, by Jean Drze, Reetika Khera and Meghana Mungikar released few days back shows that more than 100 million people are excluded from the PDS because the central government insists on using 2011 population figures to calculate state-wise coverage under the National Food Security Act.
The bank also slashed lending rate on credit to farmers against cold storage and warehouse receipts to 8 per cent, a bank release said.The new rates will be applicable to all customers availing loans between February 23 and May 31, 2009, the bank said.
Hyderabad-based pharma company Aurobindo Pharma, which has plans to emerge as a billion dollar company by 2009-10, is enhancing its presence in Europe by investing $100 million in phases. The company is likely to buy two pharma companies worth Euro 10 million each, open offices in 10 countries and establish a packaging, warehouse and manufacturing hub in Malta.
Their bootstrapped brand sold 25,000 units on Flipkart in five days during the 2017 festive sale.
Cops to quiz AAP MLA Naresh Balyan about recovery of liquor bottles.
Analysts say consumers would be the real winners.
District Collector Ashish Vachhani, who led the operation, said that based on a tip-off, a special police party conducted surprise raids and seized 18 bags of explosive materials.
According to a survey by community platform LocalCircles, early-stage start-ups, funding dependent start-ups and many small businesses will soon be fighting for survival as the spurt in coronavirus cases hits them hard.
Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.
Nothwithstanding the controversy last year over private procurement of wheat, domestic and multinational companies are getting set for another round of large-scale purchases this rabi season.
Today's Writing Products is entering retail of office supplies and stationery products with 500 retail outlets.
In a letter to The Guardian, Rushdie, who last week won the Best of the Bookers award, said that he had broken wine writer Malcolm Gluck's record for book signings. Gluck's claimed his record is 1,001 copies in 59 minutes, set at a wine warehouse in London in 1998.
The deal is multi-million pound multi-services telecom contract with The Carphone Warehouse, Britain's largest independent retailer of mobile communications. \n
Spectrum Retail Mart, a retail chain of medical stores and fast moving consumer goods, has set up shop in Mumbai with an initial investment of over Rs 90 crore (Rs 900 million).
Dimensions Cybertech India Pvt. Ltd, a leading technology solutions provider, has announced comprehensive ERP solutions to revolutionise the way educational institutions and businesses incorporate IT into their business model.
Onion supply in Nashik low but is expected to normalise in a couple of days
At Delhi's markets, cardamom, pepper selling at double their recent rates
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
Commercial transport jet engines supplier CFM International has said it plans to set up a spare parts service centre in Mumbai and an engine maintenance training unit in India. CFM, which is a JV between General Electric Company and Snecma (Safran Group), has six Indian air carriers in the client-list Air India Express, Air India, Jet Airways, JetLite, SpiceJet and GoAir.
India's retail giants, including Kishore Biyani's Future Group, Mukesh Ambani's Reliance Retail and Sunil Mittal-promoted Bharti group, have started negotiations with the railways for leasing land for retail development.
'The most ambitious part of the BAE-HAL agreement involves building an advanced version of the Hawk, which could be used as a light, manoeuvrable, fighter that could operate in the narrow valleys of India's Himalayan frontier, where high-performance fighters cannot turn,' reports Ajai Shukla.
The India Meteorological Department's forecast of early monsoon has come as a respite for the Central government, which has been drawing flak from all corners for its failure to rein in inflation.
Ajit Balakrishnan offers a thinking man's guide to e-commerce controversies.
Shilpa Shetty feels Big Brother is racist.
ASK Wealth Advisors says 5 million, CMIE's estimate is 2 million and Ghosh & Ghosh said it was 7 million!
Bu Jiamguo, minister counsellor at the Chinese embassy in New Delhi, made this point to Sikkim Chief Minister Pawan Kumar Chamling when she led a four-member Chinese team to meet the latter in Gangtok on Tuesday.
The government will come out with a policy on setting up of agriculture product outlets at railway stations within next two months, Minister of State for Railways R Velu said.
Rapid growth in the automobile industry has seen the market share of fake spare parts more than treble from 12 per cent to as much as 37 to 47 per cent in the past seven years.
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