BUSINESS

Is China's Ant Group considering Paytm stake sale?
Newsmen Business Desk -
Ant Group has a 30% stake in the digital payment. The speculation, however, was denied by both Ant Group and Paytm.
Burger Kings India's IPO kicks off
Newsmen Business Desk -
Retail investors, who are willing to invest in the IPO can buy a lot of 250 shares and a maximum of 3,250 shares. 
Wendy's to open 250 Cloud kitchens in tie-up with Rebel Foods
Newsmen Business Desk -
A cloud kitchen is the one that doesn't offer dine-in facility and accepts food orders only through the online ordering system. 
Airbnb seeking a valuation of up to $35 billion in its IPO
Newsmen Entertainment Desk -
The company is currently planning to price its IPO on December 9 and is set to begin share trading on the Nasdaq global select market. 
Tata Group's eyes set on a deal to buy BigBasket
Newsmen Business Desk -
Tata Group is in advanced talks to buy as much as 80% of online supermarkets service, BigBasket in a deal.
GST collection above 1 lakh crores in November
Newsmen Business Desk -
GST collections were slumped to a record level of Rs 32, 172 Crore in April after that government had imposed a nationwide lockdown because of the Coronavirus pandemic. The collections are taking upon the mark of above Rs 1 lakh for 2nd month in a row.
Amazon witnesses highest holiday shopping ever in its history
Newsmen Business Desk -
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
Newsmen Business Desk -
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
Newsmen Business Desk -
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
Newsmen Business Desk -
"Facebook eventually expects to host Kustomer data on secure Facebook infrastructure," said Dan Levy, VP of Ads and Business Products.
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