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Toyota launches the Cool New Toyota Glanza 2022: Here’s price, specifications and more details
Toyota Glanza 2022 launch: The Cool New Toyota Glanza comes with over 45 intelligent features through Toyota i-Connect. It also features a 360-degree camera with four parking sensors.
Amazon calls Future store transfer to Reliance ‘fraud’
Reliance last month signed lease deeds with landlords who haven't been paid rent for months for stores built on their properties by Future Group. Initially, it sub-leased the properties to Future Group for operation, but this month terminated those sub-leases and took over 947 such stores.
CCI not to proceed against Amazon
The CCI had asked Amazon Seller Services to file information with the Commission and decided not to proceed with the matter after reviewing submissions from Amazon
Byju’s founder-CEO injects 50% funds in $800-million round
The funding was led by Sumeru Ventures, Vitruvian Partners, and BlackRock
Paytm Payments Bank barred from onboarding clients; RBI directs IT audit
The bank has also been directed to appoint an IT audit firm to conduct a comprehensive system audit of its IT system.
Titan Company’s arm to acquire 17.5% stake in Great Heights Inc for $20 million
TCL North America Inc (TCLNA), a wholly-owned subsidiary of the company, has signed a stock purchase agreement with Great Heights Inc for subscription of shares with voting preferred stock in the capital stock of Great Heights.
Reliance Retail nixes sub-lease of 947 Future stores
Reliance had taken over the stores last month as they were sub-leased by it to Future which had defaulted on rental payments. Now, all such stores have been closed by Reliance.
War risks weighing, Indian companies face higher reinsurance rates
Russia, Ukraine in ECGC’s Restricted Cover Category
‘Shops gone’: How RIL stunned Amazon in battle for Future Retail
Prospective customers were turned back by security, disappointed at the closed state of the store that still carries the signage of Future’s biggest brand, Big Bazaar, but which will likely soon be rebranded as a Reliance outlet.
As quick commerce pushes time barrier, workers fight the clock, bend rules, take on risks
‘Delivered in 10 minutes’: from speeding to tackling residential societies’ regulations
Jet Airways appoints Sanjiv Kapoor as CEO
Jet Airways, which has not flown since April 17, 2019, is in the process of re-launching operations under its new promoters Jalan-Kalrock Consortium.
Huawei under IT lens: ‘manipulated books’ to reduce ‘taxable income’
The reference was made for searches and seizure done on February 15 against Chinese telecom company Huawei, an official said.
Future, Amazon ready for talks to explore settlement
The Supreme Court, where lawyers of both the sides agreed to explore out-of-court settlement, has given the parties time till March 15 to see whether they are able to amicably resolve the dispute.
Audi to hike vehicle prices up to 3% from April
The price hike is a result of rising input costs and will come into effect from April 1, 2022, the automaker said in a statement.
Reliance Industries to invest $220 million in Sanmina JV in electronics manufacturing push
The deal comes as India pushes for more investment in the manufacturing sector in a bid to establish the country as a global electronics production hub. India has offered about $30 billion in incentives to woo electronics manufacturers to set up shop in India.
New India Assurance set to insure Kudankulam plant with global participation; sum assured of over Rs 43,000 crore
GIC Re, NIA in talks to sort out the difference in quotes with global reinsurers
Hero Electric announces new e-scooter Hero Eddy; to come in two colours
The new Hero Eddy would not require any license or registration.
BharatPe removes co-founder and MD Ashneer Grover from all positions in company
In its statement, BharatPe said that it reserves the right to take further legal action against Grover and his family but remained silent on his resignation.
‘Vested interests’: Ashneer Grover quits BharatPe ahead of board meet
BharatPe said its board plans to consider the report submitted by PwC on Grover’s conduct in this meeting. Before he went on a “voluntary” leave of absence on January 19, Grover had said he would return on April 1.
Airtel to acquire Vodafone’s 4.7% stake in Indus Towers if funds are used for VIL
Debt-ridden Vodafone Idea (VIL) has been unable to pay dues of Indus Towers, and both VIL and promoter Vodafone have proposed a payment plan to clear the outstanding amount by July 15.
HUL splits CMD post, Nitin Paranjpe is non-executive chairman
Sanjiv Mehta, who was earlier chairman and MD, will continue as MD and CEO. On February 15, the Securities and Exchange Board of India (Sebi) made the splitting of the post of chairman and managing director (CMD) voluntary.
UK’s Vodafone to cut Indus Towers stake
Vodafone said it is also in advanced discussions with one of the largest shareholders in Indus for the purchase of up to 127.1m Indus shares from Vodafone, or 4.7 per cent of Indus’ outstanding share capital, which represents the remaining balance of primary shares.
Lido Learning shuts: Staff, clients in the lurch; lack of funds compounds problem
The development comes as a warning note in India’s booming edtech ecosystem, home to the world’s most valuable edtech firm in Byju’s. It also comes at a time when traditional classes have been disrupted owing to the pandemic, a gap that a number of edtech firms in the country have been claiming to fill.
MoS IT: Rules soon to put onus of cybercrime reporting on companies
Talking about the recent cyber threats that the country had faced, Chandrasekhar said that India faced a million cybersecurity incidents in the recent times.
Export potential of half trillion dollars in clean energy: Ambani
He said India’s technology and digital exports have risen to $150 billion from less than $10 billion 20 years ago.
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Mar 15: Latest News
Kabaddi player Sandeep Nangal Ambian shot dead during match in Jalandhar
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Convoy of civilians leaves Ukraine’s Mariupol after days of failed attempts
Russia says it will respond in kind to Slovakia’s expulsion of diplomats: RIA
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