BUSINESS
Amazon witnesses highest holiday shopping ever in its history
This holiday season by now, over 71,000 small and medium-size businesses (SMBs) have surpassed $100,000 worldwide.
Vi to lose up to 70 million subscribers, according to Fitch
The rating agency added that rival Reliance Jio and Bharti Airtel are expected to gain most Vi users and increase revenue share in the market.
Sandeep Kataria becomes first-ever Indian BATA global CEO
Kataria, who is an engineering graduate from IIT-Delhi and a gold medalist of the 1993 PGDPM batch of XLRI Jamshedpur, joined Bata India as CEO in 2017.
Facebook acquires customer service platform Kustomer for $1bn
"Facebook eventually expects to host Kustomer data on secure Facebook infrastructure," said Dan Levy, VP of Ads and Business Products.
5-10% decline expected in F&G retail's FY21 revenue: Ind-Ra
It said that this sector can witness a 40-45 per cent decline in revenues for FY21 because of Covid-19 led business disruptions and general economic slowdown.
Serum Institute to counter sue man for Rs 100 crore over 'malicious claims'
The volunteer was given a dose of Covidshield in a clinical trial on October 1 and his health started deteriorating after 10 days when he reported severe headache and vomiting.
Shapoorji's $1.2 billion deal with ADIA put on hold
Recently, the group defaulted on repayment to its listed subsidiary, Sterling & Wilson, which has given it another year to repay the loans.
Tatas to take over 76% stake in AirAsia
Tatas are likely to integrate AirAsia with its low-cost subsidiary, Air India Express by potentially converting the debentures into equity at a later stage.
EXPLAINED: NBFCs and banking license race
Recently, according to recommendations of an internal working group of RBI released on 20th November, non-banking lenders with asset sizes of Rs. 50,000 crore might be given the permission to convert into banks.
Payments firm Cashfree raises $35mn led by Apis
Cashfree said it has been profitable since its first year of operations and counts more than 50,000 businesses amongst its merchants including leading internet companies such as Cred, BigBasket, Zomato, HDFC Ergo, Ixigo, Acko, Zoomcar, and Delhivery, among others.
Don't Miss
Advertisement