Industry

Suraksha gets CoC nod to take over Jaypee Infratech; state-owned NBCC loses race by just 0.12% votes

“Suraksha Group has won the bid with 98.66% votes. It got 0.12% more votes than NBCC,” JIL's interim resolution professional Anuj Jain said after the 10-day voting on the revised resolution plans

Jaypee Infratech

Privacy probe: Delhi High Court refuses to stay CCI notice to WhatsApp, Facebook

However, it urged “the DG, CCI to bear in mind that the investigation against the appellant is under judicial consideration before a division bench of this court” and the matter would be taken by

The HC had on Monday reserved its order in the matter.

No higher payout to DHFL depositors; lenders vote against raising payout to FD, NCD holders

PCHF acquired DHFL with a winning bid of Rs 37,250 crore. The transaction, approved by the bankruptcy court on June 7 implied a very low 40% recovery for lenders on a total exposure of Rs 87,082 crore

DHFL

Cabinet nod to merger of Central Railside Warehouse with CWC

The merger is expected to be completed within 8 months of the date of decision and will unify similar functions of both the companies in areas such as warehousing, handling, transportation through a s

The CWC-CRWC amalgamation paves way for the merger and transfer of all assets, liabilities, rights and obligations of CRWC, a mini ratna public sector enterprise, with its holding enterprise CWC.

Asirvad Microfinance securitises Rs 262-crore loan in deal with PSB

Raja Vaidyanathan, MD of Asirvad Microfinance, said, “This deal, closely on the heels of an ECB transaction with US-based WorldBusiness Capital, reaffirms the confidence leading lending institutions

Course Correction: Redesigning customer journeys for post-Covid times

Choice of right technologies or tools will make a difference to customer experience

Infinix Note 10 & Hot 10s: Your style quotient just gets better with these mid-range handsets

Infinix Note 10 and Hot 10s have a sturdy build, nifty performance and good battery life. They are also reasonably priced

Boat Rockerz 330 neckband headphone: Ideal for running, home workouts

These neckband headphones are decently well-built and comfortable, and have impressive battery life

Govt notifies accounting standards for small, medium businesses under Companies Act, 2013

The latest notification mirrors the accounting standards that were in force under the Companies Act, 1956, which is no more there, according to a senior official.

Companies Act 2013, accounting standards

Twitter starts testing content monetisation features for users with Ticketed Spaces, Super Follows

Twitter: This development comes shortly after Twitter released a subscription-based monetisation service for itself, called Twitter Blue.

Unlock 2.0 sparks bumper sales in FMCG sector – Chyawanprash, soaps, dish washes top India’s shopping list

Companies are witnessing a tailwind in sales, particularly in their health & hygiene portfolio - both in urban and rural markets.

FMCG, FMCG India, Unlock 2.0, coronavirus, covid19, covid india, shopping

Huge relief for homebuyers! Suraksha set to buy Jaypee Infratech as lenders give nod

The 10-day-long voting process on the takeover proposals submitted by NBCC and Suraksha group ended on Wednesday afternoon

Jaypee Infratech Ltd, Suraksha, NBCC, Noida, Greater Noida, Homebuyers

Modi govt liberalises norms for voice BPOs to make India global outsourcing hub – here’s what it’s all about

Broadly, the rules would allow global companies, say an airline, with a voice-based centre in India to now serve global and domestic customers with common telecom resources, something that required de

Modi Govt, BPO, BPO sector, India BPO, BPO India, BPO jobs, voice BPO Jobs in India, Voice BPO new rules

Warren Buffett resigns as Gates Foundation trustee, donates another $4.1 billion for philanthropy

The 21-year-old foundation has become one of the most powerful and influential forces in global public health, spending more than $50 billion over the past two decades to bring a business approach to

Focusing on providing reliability to customers: Amazon India

Insights shared by Amazon India indicated that Prime members continue to adopt the programme for its various benefits to add ease and convenience to their everyday lives, Director - Prime, Amazon Indi

Amazon India to host Small Business Days 2021 on July 2-4

To ensure that the domestic manufacturers and suppliers get fair and equal treatment on the e-commerce platform, it has been proposed that where an e-commerce entity offers imported goods or services,

Zoom makes sharing pronouns easier with new update: Here’s how you can do it

In order to help users express their gender identity, Zoom has rolled out a new Pronouns feature.

‘Jamsetji Tata world’s biggest philanthropist with donations worth $102 billion’

Setting aside two-thirds of ownership to trusts engaged in doing good in various areas including education and healthcare has helped Tatas achieve the top spot in giving, he said, adding that Jamsetji

Sponsored: Prione is empowering SMBs to harness the power of ecommerce

Compared to last year, this time SMBs were better prepared to deal with the disruptions posed by the pandemic and managed to shore up their resources.

Prione, SMBs, ecommerce, Indian SMB ecosystem, sme, msme, small businesses, SMB ecosystem

FICCI urges govt to support tourism, hospitality industry

The industry has come to a halt due to the pandemic which has resulted in many hotels and businesses closing down and job losses for many of those who depended on this industry for their livelihood.

Recovery in Vijay Mallya fraud case: United Breweries shares sold for Rs 5,800 cr; more expected this week

Further realisation of Rs 800 crore by sale of shares is expected by June 25, the central probe agency said in a statement

vijay mallya

Piramal Pharma completes acquisition of Hemmo Pharmaceuticals

In March this year, Piramal Pharma Ltd entered into an agreement to acquire a 100 per cent stake in Hemmo Pharmaceuticals for an upfront consideration of Rs 775 crore and earn-outs linked to the achie

piramal

India’s new e-commerce rules cast clouds over Amazon, Flipkart, Reliance JioMart

India's Ministry of Consumer Affairs outlined plans on Monday which include limiting "flash sales" by online retailers, reining in a private label push, compelling them to appoint compliance officers

ecommerce, flikart, amazon

‘Hallmarking will add to business of organised players’

For the complete FY21,Kalyan posted a loss in its consolidated balance sheet amounting to Rs 6.1 crore. Ramesh Kalyanaraman, executive director of Kalyan, talks to Rajesh Ravi about the outlook for th

Ramesh Kalyanaraman

IIFCL adopts real-time monitoring of infra projects: MD

The move will enable the infrastructure lender to scrutinise fund utilisation on a real-time basis, bolster an “early warning system”, expedite decision-making and identify outliers that can be us

Infra projects
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