Mon, Sep 28, 2020

  • Giving a major boost to its delivery network, Amazon India said on Monday that it has added tens of thousands of delivery partners to the network to serve the rising customer demand for the festive...
    Amazon India adds 'tens of thousands' of delivery partners
    The company has added close to 200 delivery stations across the country to further its direct reach, including in many northeastern towns such as Champhai, Kolasib, Lumding and Mokokchung. The recent expansion of our delivery programmes has collectively furthered Amazon India's goal to improve reach and provide a fast, safe and more seamless e-commerce experience ahead of the festive season, Prakash Rochlani, Director, Last Mile Operations, Amazon India, said in a statement. Our goal is to ensure customers across the country are able to get what they desire this festive season from the comfort of their home, while prioritising the safety of both our customers and delivery partners. The company has also strengthened its delivery programs as well with its flagship I Have Space (IHS) programme, now comprising more than 28,000...
  • Qantas 8 weeks away from running out of money Qantas 8 weeks away from running out of money

    A Sydney court heard on Monday that Australia's flag carrier Qantas was just eight weeks away from running out of money due to massive losses incurred in the wake of the coronavirus pandemic.

  • Domestic gas prices may rise as govt explores floor price mechanism Domestic gas prices may rise as govt explores floor price mechanism

    CNG and piped natural gas prices could face an increase this festive season if the government implements a new floor price mechanism for gas produced from domestic fields by companies such as Oil and...

  • Flipkart Wholesale announces 1st 'Big Festival Month' fashion sale Flipkart Wholesale announces 1st 'Big Festival Month' fashion sale

    Flipkart Wholesale, the digital B2B marketplace of Flipkart Group for kiranas and MSMEs, on Monday announced 'Big Festival Month' from September 29 to October 31 where over 95 per cent products...

  • All assets and liabilities only in India, nothing overseas, fully disclosed All assets and liabilities only in India, nothing overseas, fully disclosed

    Anil Ambani has made full and fair disclosure of all his assets and liabilities in proceedings as required in a UK Court, and he has reaffirmed that he personally holds no assets outside India.

  • Rupee rises 6 paise to 73.55 against US dollar in early trade Rupee rises 6 paise to 73.55 against US dollar in early trade

    The Indian rupee advanced 6 paise to 73.55 against the US dollar in opening trade on Monday tracking weak American currency and positive domestic equities.

  • Sensex surges over 300 pts in early trade, Nifty tests 11,150 Sensex surges over 300 pts in early trade, Nifty tests 11,150

    Equity benchmark Sensex jumped over 300 points in early trade on Monday, tracking gains in index majors ICICI Bank, HDFC Bank and Reliance Industries amid positive trend in global markets.

  • Lakshmi Vilas Bank to be run by 3 independent directors' panel Lakshmi Vilas Bank to be run by 3 independent directors' panel

    The Reserve Bank of India has approved that the day-to-day affairs of Lakshmi Vilas Bank will be run by a Committee of Directors (CoD) comprising three independent directors.

  • Samsung may log USD54.5bn in sales, to sell 80mn Galaxy phones in Q3 Samsung may log USD54.5bn in sales, to sell 80mn Galaxy phones in Q3

    Samsung is expected to report strong third-quarter earnings, analysts said on Monday, as its mainstay semiconductor business remained solid despite a decline in memory prices, while its mobile and...

  • Investment experts project positive turnaround for ITC stock Investment experts project positive turnaround for ITC stock

    Investment experts have projected a positive turnaround for the ITC stock with 41 out of 43 analysts on Bloomberg giving a buy or Hold call for the stock.