BUSINESS
Traders' body demands rollout of robust e-commerce policy, formation of regulatory authority
Khandelwal joined by Kailash Lakhyani, Chairman, All India Mobile Retailers Association (AIMRA) and Sridhar, President, South India Organised Retailers Association (ORA) said that e-commerce trade in India is like an orphan or unwanted child since even being one of the important vertical of retail trade which is fast growing is devoid of any rules & regulations giving ample advantage to foreign e portals to make the e-commerce landscape as an open playground for their game of valuation and not doing the trade.
Musk's private jet tracking account back on Twitter, with 24-hr delay
Last week, Twitter had suspended the '@ElonJet' account, created by a college student Jack Sweeney, which provided regular updates of Musk's flights by using publicly available data.Now, Sweeney has created a new account '@ElonJetNextDay' which tracks the private jet of Musk, but with a 24-hour delay.In January, Musk had offered Sweeney $5,000 to remove the @ElonJet account.
198 govt companies/corp incur accumulated losses of Rs 2,00,419 crore: CAG report
"As a result, the aggregate net worth of these companies had become negative to the extent of Rs 1,13,894 crore as on March 31, 2021. Only 20 out of these 88 companies earned a profit of Rs 973 crore during the year 2020-21," the General Purpose Financial Reports of Central Public Sector Enterprises (CPSEs) Union Government (Commercial) - Report No. 27 of 2022, tabled in Parliament on Thursday, said.
RIL subsidiary acquires 23.3% stake in Exyn Technologies
In an intimation to the stock exchanges, RIL said RSBVL and Exyn have also entered into a Strategic Partnership Agreement for technology collaboration and commercialisation of Exyn's technology. Exyn is an early stage technology company, incorporated in Delaware, in 2014 with headquarters in Philadelphia, Pennsylvania.
Maruti Suzuki to launch two new SUVs, showcase electric SUV at AutoExpo
Apart from the two new SUVs, Maruti Suzuki will also showcase its concept electric SUV and flex fuel at the AutoExpo, Senior Executive Director, Marketing & Sales, Shashank Srivastava told reporters in a video conference. Queried about whether the two SUVs to be launched will be produced by Toyota Kirloskar Motors as it is being done in the case of Grand Vitara, he said further details will be announced at the AutoExpo.
Mumbai airport achieves top ACI rating, among 31 in the world
With CSMIA's entry, there are now just 31 airports worldwide that have achieved the distinction of a Level 4+ accreditation and among only 3 in the entire Asia-Pacific Region, as the airport aspires to become a net-zero carbon emission by 2029 for its target of a 'green airport' in next seven years.
2,613 significant tech snags reported by various airlines in last 5 years: Government
According to Ministry of Civil Aviation data, Indigo airline topped the list with 885 such incidents while Spicejet and Vistara reported 691 and 444 technical snag related occurrences, respectively between the years 2018 and 2022. While Air India (Fleet A) reported 361 such incidents, Air India (Fleet B) reported 38 technical snags.
NATO boss tipped to lead IMF: Report
Stoltenberg was set to leave NATO in September, but his term was extended into late 2023 amid the ongoing conflict in Ukraine. With no successor for the post in clear sight, Stoltenberg may end up having his tenure extended even beyond 2023 - potentially for another year - multiple media reports have suggested, RT reported.
High-pitched argument between passenger & crew member of IndiGo flight
The argument started on the airline's Istanbul-Delhi flight over food. Reacting to the issue, in a statement, the airline said that they were looking into the incident and assured that "customers' comfort has always been our top priority.Sources said that aviation regulator DGCA was looking into the matter.About the incident, a passenger in the flight Er. Gurpreet Singh Hans said on Twitter he unfortunately booked a ticket on the IndiGo flight.
Jio completes acquisition of Reliance Infratel, pays Rs 3,720 cr to lenders
According to sources, the company has deposited Rs 3,720 crore in the escrow account of the State Bank of India (SBI). In November, the National Company Law Tribunal (NCLT) had given its approval to Jio for the acquisition of Reliance Infratel (RITL), an RCOM subsidiary that houses the tower and fibre assets
Don't Miss
Advertisement