Category: Business

Trump office announces relief for Jobless to extend till the end of year

U.S. Treasury Secretary Steven Mnuchin informed yesterday that the enhanced unemployment benefits will not be discontinued and will go on supporting until the end of the year although at a lower level. Both the administration and the U.S. Congress have finally agreed to the relief package of $600 a week known as enhanced unemployment benefits. […]

How the future of travelling in flights changing?

The future of flying is changing as we need to be extra cautious during the corona pandemic. With more and more people wanting to keep distance in flights the companies are coming up with options like having the dividers between the seats or even a Glass safe bubble. All the companies are coming up with […]

Amit Agarwal: Amazon to invest in Fulfillment centers and hire more employees

Amazon India’s country head Amit Agarwal has said that the E-commerce giant is investing in new Fulfillment centers which will create new jobs as the company is witnessing the rise in both the number of sellers and customers. Amit Agarwal talked with ET on several key issues: Talking about Jeff Bezos’s promise to create 1 […]

Hero MotoCorp invests 84 crores in Ather Energy

Hero- MotoCorp has invested an amount of 84 crores in India’s Bangalore located electric vehicle startup Ather Energy. The startup was founded by Tarun Mehta and Swapnil Jain in 2013. This funding would be helping out Ather Energy keep an eye on its plan to expand into 20 cities by the end of 2021. The […]

Indian Railway to allow private companies to decide ticket prices

Indian Railways has made a judgment to allow the companies running the private trains to finalize the ticket prices to be charged from passengers. They will also be able to decide the cost of different amenities on the train like wi-fi food services, bed-roll, etc. Mint has earlier reported that the national transporter has given […]

Amazon in talks to buy 9.9% stake in Reliance retail arm: Reports

The world’s richest man, Jeff Bezos, and the world’s fifth-richest, Mukesh Ambani are believed to be in preliminary talks for a mega deal in India. Sources say initial talks are underway for Amazon to become a strategic investor in Ambani’s Reliance Retail, and buy a 9.9% stake. ET Now sources today reported that Amazon.com is […]

Flipkart acquires Walmart India; launches Flipkart Wholesale

Flipkart said today that it has procured parent Walmart Inc’s local cash and carry business. This is an e-commerce giant step to increase there footprints in wholesale offerings and give a tough competition to Amazon.com Inc. Without disclosing any amount of the deal Flipkart said that they would be launching the digital marketplace going to […]

Prime Minister Narendra Modi addresses American companies to invest in India

Prime Minister Narendra Modi while addressing on Wednesday made a powerful speech for American companies to invest in India. PM highlighted that this is the best time to invest in India particularly in a “Nation you can trust”. Together India and the US can help the world to recover from this global crisis he further […]

IT and ITes industry: Work from home extended till December end

In the latest news, the relief given to the IT & ITes companies to work from has been extended by the department of telecom. Earlier this relief was going to end in July. “In view of the ongoing concerns due to Covid-19, the department has decided to further extend these relaxations upto December 31, 2020…” […]

Industry needs large-scale investments to escape from the cage of the corona.

The COVID-19 has led to the transformation in the business sector on how do they operate pressurizing them to re-evaluate their future course of action. The pandemic happened at a time when already the global economy was showing symptoms of a slowdown. This has created stress in the industry. To recover from this the industry […]
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