Expectations of relief on income tax, particularly for lower middle class, is high after Prime Minister Narendra Modi invoked goddess of wealth for elevating poor and middle class.
Reliance Retail wrote off its $200M investment in Dunzo due to liquidity issues, halting acquisition talks. Meanwhile, CEO Kabeer Biswas is negotiating a ₹300 crore acquisition, as the app and website shut down post-departure.
It isn't about 40 hours or 70 hours or 90 hours, you can change the world even in 10 hours if the focus is on "the quality of work," the Mahindra Group Chairman says after L&T Chaiman SN Subrahmanyan sparked an online outrage asking employees to stop staring at their wives and show up to work on Sundays too.
After Larsen & Toubro chairman SN Subrahmanyan was trolled heavily for his remarks that his employees should be at work even on Sundays, the company issued a statement that he only aimed to stress that "extraordinary outcomes require extraordinary effort."
RBI's new Governor Sanjay Malhotra has not spelled out his policy stance on the rupee but there are signs he may allow the currency to fluctuate more naturally before taking a tough decision on managing its exchange rate, according to experts.
Implementation of an agriculture-specific package, extending MGNREGA work days to 200, quickening GST refunds, and establishing a thorough manufacturing strategy to address Chinese imports were some other demands raised by Rashtriya Swayamsevak Sangh (RSS) affiliated organizations in their discussion with Nirmala Sitharaman.
The companies said on Jan 7 that they have complementary portfolios, and the transaction creates a broader set of visual content products across still imagery, video, music, 3D, and other asset types.
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