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Amazon warehouse workers vote to reject forming union
Efforts to unionize Amazon.com warehouse workers in Alabama were defeated on Friday by a more than 2-to-1 margin in a major win for the online retailer, but the union trying to organise workers was set to challenge the results, assailing the company's methods. -
India's exports surge by 297% in first week of April
The US and China accounted for most of the rise in exports during the seven-day period. The imports included petroleum crude and products and electronic goods. UAE and China accounted for a large part of the increase in imports. The data showed that some of the increase was offset by the decrease in imports of silver, fertilizers, crude, and newsprint. -
Fuel demand rises in March to highest since December 2019
India's fuel consumption rose in March for the first time in three months, to its highest since December 2019, as economic activity gradually picked up after a coronavirus-induced slowdown. -
Amazon warehouse workers vote to reject forming union in Alabama
Efforts to unionize Amazon.com warehouse workers in Alabama were defeated on Friday by a more than 2-to-1 margin in a major win for the online retailer, but the union trying to organize workers was set to challenge the results, assailing the company's methods. -
Rupee slips for 5th straight session, down 15 paise
The rupee fell for the fifth straight session and settled 15 paise down at 74.73 (provisional) against the US dollar on Friday as rising Covid-19 cases, weak domestic equities and strengthening American currency weighed on investors' sentiment. -
Possible electrical issue in some 737 Max aircraft, says Boeing
Boeing has told 16 of its customers to address a possible electrical issue in group of 737 Max aircraft before using them further. The Max was grounded worldwide in March 2019 after two crashes killed 346 people. -
I-T, corp tax mop up exceeds revised estimates in FY21
Income tax and corporate tax collections at Rs 9.45 lakh crore in the fiscal year ended March 31 exceeded the revised target by 5 per cent but were 10 per cent lower than the direct tax collections in the previous year, tax department head said on Friday. -
Trade cautiously in over 300 illiquid stocks: BSE, NSE to investors
To safeguard interests of investors, leading stock exchanges BSE and NSE have asked their trading members to take extra caution while trading in over 300 illiquid stocks. -
Some user data extracted and posted for sale: LinkedIn
Some LinkedIn data, including publicly viewable member profile, has been extracted and posted for sale, Microsoft Corp's professional networking site LinkedIn said based on an investigation. -
Niti Aayog to launch online dispute resolution handbook
Niti Aayog will launch the first-of-its-kind online dispute resolution (ODR) handbook in India on Saturday. The handbook is an invitation to business leaders to adopt ODR in India. It highlights the need for such a mechanism, the models of ODR that businesses can adopt and an actionable pathway for them. -
Macro Minute | If current Covid wave persists, path to recovery will be more reluctant: RBL Bank’s Rajni Thakur
In this episode of Moneycontrol Macro Minutes, RBL Bank’s Chief Economist Rajni Thakur talks to Arup Roychoudhury on India’s economic outlook for 2021-22 amidst a surge in Covid-19 cases -
2021 will bring the renaissance of Indian regional cuisines reveals Godrej Food Trends Report 2021
The fourth edition has surpassed its previous versions and grown to include conversations and observations also from the North East, and from smaller towns and cities around the country that are brimming with new developments, and for that GFTR 2021 is richer. -
Double-check if your health insurance policy covers mental illness
Double-check if your health insurance policy covers mental illness -
EPRINT x BINGO Create a B2B Internet Experience of the New Generation
In 2020, Tsinghua University also signed a five-year cooperation plan with BINGO to design a new internet platform of the Asia Research Institute, mainly focusing on AI, chip research and development, and artificial intelligence, etc. After the Covid-19, enterprises will pay more attention to internet cooperation, and the most important aspects of which are user experience and efficiency. -
Net Direct Tax collections for FY 2020-21 at Rs 9.45 lakh crore
Refunds amounting to Rs. 2.61 lakh crore have been issued in the F.Y. 2020-21 as against refunds of Rs. 1.83 lakh crore issued in the F.Y. 2019-20, marking an increase of approximately 42.1% over the preceding Financial Year. -
Gold Price Today, 09 April 2021: Gold prices surge at Rs 44,550 per 10 gm, silver also sees hike
In terms of metro cities, the price of 10 grams of 22-carat gold in Delhi stands at Rs 45,150 and 24-carat gold is priced at Rs 49,250. Meanwhile, in Kolkata, 10 grams of 22-carat gold is priced at Rs 45,430 and 24-carat gold is priced at Rs 48,130. -
Mahindra SUV XUV700 launching in 2nd quarter, here's all we know so far
Mahindra XUV7 00 will be offered both Diesel and Gasoline engines in Manual and Automatic transmissions, along with optional All-Wheel-Drive (AWD) capabilities. -
Paytm’s '2 pe 200 cashback offer' on DTH recharges: Check offers and cashbacks
Paytm is offering a special 2 Pe 200 Cashback offer that promises to give cashback on any DTH recharge. Users will get a cashback of Rs 100 after getting their DTH recharged. Also, it will be mandatory for the users to recharge the DTH for at least 2 months. -
Mahindra & Mahindra offers India’s first one stop solution for Vehicle Scrapping
The agreement with MMRPL will enable customers get a hassle free and transparent deal under one roof, the company said. -
Bank holidays April 2021: Banks will be closed for 6 days from April 10 to April 16
Bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states. -
Sensex sheds 155 points; Nifty slips below 14,850
Equity benchmark sensex dropped 155 points on Friday, tracking losses in index heavyweights ICICI Bank, Reliance Industries and HDFC Bank amid largely negative cues from global markets. -
Rupee slips for 5th straight session, down 15 paise at 74.73
The rupee fell for the fifth straight session and settled 15 paise down at 74.73 (provisional) against the US dollar on Friday as rising Covid-19 cases, weak domestic equities and strengthening American currency weighed on investors' sentiment. -
LinkedIn says some user data extracted and posted for sale
Some LinkedIn data, including publicly viewable member profile, has been extracted and posted for sale, Microsoft Corp's professional networking site said based on an investigation. -
Don't hike MRP of non-urea fertilisers: Govt
The Centre on Friday directed fertiliser companies not to increase the maximum retail price (MRP) of non-urea fertilisers such as DAP and asked them to sell at old rates. -
Second Covid wave heightens risks for banks: Fitch
India's second wave of Covid-19 infections poses increased risks for India's fragile economic recovery and its banks, Fitch Ratings said on Friday. It expected a moderately worse environment for the banking sector in 2021 but headwinds will intensify should rising infections and follow-up measures to contain the virus further affect business and economic activity. -
Get Rs 14 lakh on maturity by investing just Rs 95 per day in THIS Post Office Scheme
Post Office schemes offers you great return and are considered ideal for those who believe in guaranteed return schemes. One such Post Office scheme is the Post Office Gram Sumangal Rural Postal Life Insurance Scheme. -
Google-backed Dunzo seeks $150 million funding
Dunzo Digital Private Ltd, a delivery startup backed by Google and operating in eight Indian cities, aims to double the amount of capital it has raised so far to extend its reach across the country and become a $1 billion revenue business in the next two years. -
Centre directs fertiliser firms not to hike MRP of non-urea fertilisers; sell at old rates
The Centre on Friday directed fertiliser companies not to increase the maximum retail price (MRP) of non-urea fertilisers such as DAP and asked them to sell at old rates. -
Challan for kids without helmet, check this traffic rule before riding with your child
It may be recalled that in the end of March, the Road Transport & Highways extend the validity of motor vehicle documents like driving licence (DL), registration certificate (RC) and even permits till 30 June, 2021, in view of the ongoing pandemic. -
Net direct tax mop up exceeds revised estimates in FY21
The net direct tax collection for the fiscal ended March 31 stood at Rs 9.45 lakh crore, an increase of 5 per cent over the revised estimates in the Union Budget. Central Board of Direct Taxes (CBDT) chairman P C Mody on Friday said the income tax department has exceeded the revised estimates despite issuing substantial refunds in the 2020-21 fiscal. -
'China halts enrollments at biz school backed by Jack Ma'
Beijing authorities have forced an elite business school backed by Alibaba Group Co Ltd founder Jack Ma to halt enrollments, the Financial Times said on Friday, citing sources familiar with the matter. The clampdown on the school, founded in 2015 by Ma to train China's next generation of entrepreneurs, comes as his business empire faces government scrutiny. -
Get Rs 14 lakh on maturity by investing just Rs 95 per month in THIS Post Office Scheme
Post Office schemes offers you great return and are considered ideal for those who believe in guaranteed return schemes. One such Post Office scheme is the Post Office Gram Sumangal Rural Postal Life Insurance Scheme. -
Get Rs 14 lakh on maturity by investing just Rs 95 per month on THIS Post Office Scheme
Post Office schemes offers you great return and are considered ideal for those who believe in guaranteed return schemes. One such Post Office scheme is the Post Office Gram Sumangal Rural Postal Life Insurance Scheme. -
India preparing to buy Iranian oil once US sanctions eased
Refiners have started making preparations in advance of the possible removal of penalties so they can swiftly enter into contracts for Iranian supply, said a senior oil ministry representative, asking not to be named because they’re not authorised to speak to the media. -
China halts new enrollments at business school backed by Jack Ma: Report
Beijing authorities have forced an elite business school backed by Alibaba Group Co Ltd founder Jack Ma to halt enrollments, the Financial Times said on Friday, citing sources familiar with the matter. The clampdown on the school, founded in 2015 by Ma to train China's next generation of entrepreneurs, comes as his business empire faces government scrutiny. -
Relief for Oyo as NCLAT stays bankruptcy case
Hospitality firm Oyo on Thursday said the National Company Law Appellate Tribunal (NCLAT) has ordered a stay on the formation of committee of creditors in proceedings under the Insolvency and Bankruptcy Code against its subsidiary Oyo Hotels and Homes Pvt Ltd (OHHPL). -
Direct tax collections in FY21 at Rs 9.45 lakh crore, higher than revised estimates: CBDT
Direct tax collections for FY21 came in at Rs 9.45 lakh crore, higher than revised estimates of Rs 9.05 lakh crore, says CBDT chairman PC Mody. -
6 digits HSN Code now mandatory for GST taxpayers, check direct link here
The codes prescribed in the Customs tariff are used for the GST purposes too as has been specifically mentioned in the GST rate schedule. -
Amazon takes Future battle to top court
Amazon has moved the Supreme Court challenging the Delhi high court's division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries. -
CCD defaults on debt payments
The dues include outstanding loans worth Rs 280 crore and Rs 200 crore of non-convertible debentures (NCDs). The company couldn’t state when it will be able to clear its dues, putting a question mark over its recovery, which has dragged for about two years. Coffee Day declined to comment when contacted by TOI. -
Oil prices slip with bumps in economic revival
Oil clung to losses with concerns over the economic recovery casting a cloud over the return to normal demand. WTI crude fell as much as 1.6% even as US jobless claims unexpectedly rose for a second straight week, highlighting the choppy road ahead even in countries that have been a bright spot for the demand rebound. -
Speed at which India adapts amazes me: Capgemini CEO
Aiman Ezzat took over as CEO of Capgemini about a year ago. He’s had a close relationship with India. He says he’s made at least a 100 trips here since his first brush with the country some 20 years ago. -
Amazon moves SC for stay on Delhi HC order till verdict on Future-Reliance deal dispute
On March 22, a division bench of the Delhi High Court had granted Future a reprieve from a March 18 single-judge order that restrained it from taking any steps to sell assets to Reliance. -
Sensex drops over 150 points in early trade; Nifty below 14,850
Bajaj Finance was the top loser in the Sensex pack, shedding around 2 per cent, followed by Asian Paints, ICICI Bank, Kotak Bank, HDFC Bank and Reliance Industries. -
Q4 may see highest revenue growth for India Inc
After several quarters of negative to low revenue growth, India Inc could expect a double-digit expansion as the results for the quarter ended March 2021 (Q4FY21) start rolling out in a few days. -
Mukesh Ambani to move SAT against Sebi fine
Reliance Industries (RIL) chairman Mukesh Ambani will file an appeal before the Securities Appellate Tribunal (SAT) against the penalty imposed by capital markets regulator Sebi over alleged takeover violations in a 21-year-old share issue in the company. -
Gupshup 6th co to get $1bn valuation in a week
Business to consumer messaging solution Gupshup has raised $100 million in funding from Tiger Global at a valuation of around $1.4 billion making it the sixth unicorn in the past week and tenth unicorn in 2021. -
Birla MF gives rollover option in 6 fixed maturity plans
Aditya Birla Sun Life Mutual Fund is giving an option to investors in six of its fixed maturity plans (FMPs) to roll over their investments in these funds for one or two years. Those who want to take their money out will get it on the pre-scheduled date of closure, while those who wish to continue to invest will have to send applications to the fund house for rollover. -
Axis Bank as promoter brings stability: Max Life
Axis Bank becoming a promoter of Max Life has reduced the pressure on the life insurance company to diversify its distribution channel. The private lender accounts for 55-60% of the insurer’s sales and this was creating pressure on Max Life to ensure certainty of relationship. -
Anil Agarwal may see Vedanta stake rise to 65%
Metals and mining magnate Anil Agarwal will see his stake in flagship Vedanta increase to 65.2% from the existing 55.1%, if he accepts all the shares tendered by minority shareholders in the open offer that closed on Wednesday.
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