Companies
Amazon laying off employees from the ‘Amazon Prime Air’ project
According to a report by Financial Times, Amazon is turning to external manufacturers on its delivery drone project called “Amazon…
Companies
Business
Reliance Retail raises Rs.47,265 crore from 10.09% stake sale
Reliance Retail Ventures ltd(RRVL) completes Rs.47,265 crores by selling 10.09% stake of the company in less than two months. Rs.9,555…
Companies
Amazon is acting like the East India Company, said FRL
FRL on Thursday told Delhi High Court that Amazon is misinterpreting it’s legal rights by trying to destroy competition in…
Business
SEBI demands Rs 62,600 crore from Sahara in Supreme Court petition
India’s market regulator has filed a petition with the Supreme Court asking it to direct embattled Sahara conglomerate chief Subrata…
Companies
Adani group has no guaranteed customers for $6 billion solar project
The Indian solar project which was announced in June has no guaranteed customers. The firm is under billionaire Gautam Adani…
Companies
Google to pay $310M for sexual misconduct settlement
An employee identified as John Doe from google has sued it in 2016 under California Private Attorney’s General Act and…
Companies
Vodafone Idea to get $2 billion funding from Oaktree and Varde
On Thursday, reports from Bloomberg confirmed Oaktree and Varde’s offer of $2 billion funding to Vodafone Idea. The new merger…
Aviation
Spicejet shares crossed bar of 50% , Indigo crosses 29% in November
Spicejet shares showed a 13% rise in accordance with the previous day’s close. Spicejet was trading at Rs 75 at…
Companies
L&T secures another big contract from Mumbai Ahmedabad bullet train project
Larsen & Toubro construction, an arm of L&T has bagged another mega contract from the National High Speed Rail Corporation…
Tech
“App-Store commission slashes to 15% for small businesses”, says Apple CEO Tim Cook
On wednesday, Apple announced a reduction on the commission it takes on the in-app purchases on App Store. The cut,…
Social Media
Twitter gives a written apology for wrong geo-tagging of Ladakh in China
On wednesday, Twitter has apologized in written in the form of an affidavit signed by Damien Karien, chief privacy officer…
Social Media
Pope France’s official instagram account ‘likes’ photo of Brazilian bikini model Natalia Garibotto
Pope France’s official instagram account with 7.3 million followers has seen to have ‘liked’ a photo of a 27-year-old brazilian…