The Supreme Court of India (File Image/IANS)

SC notice on Amazon plea seeking interim relief on Rs 24,713Cr RIL-Future deal

New Delhi:ย The Supreme Court on Monday issued notice on a plea by Amazon seeking interim relief challenging a High Court order, which allowed Rs 24,713 crore RIL-Future deal to proceed. The top court also restrained the NCLT from passing final orders on the amalgamation. A bench headed by Justice R.F. Nariman issued notices to Future […]

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Odisha’s economy expected to contract by 4.92% in 2020-21

Bhubaneswar |ย The economy of Odisha is expected to contract by 4.92 per cent in 2020-21 due to the impact of the Covid-19 pandemic, as per the Economic Survey Report 2020-21 released on Saturday. The economy of Odisha has grown at 7.1 per cent per annum during the period 2012-13 to 2019-20 and is expected to […]

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Amazon favoured big sellers on its India platform: Report

New Delhi |ย Amazon documents have revealed the companys strategy to dodge Indias regulators, a global newswire reported on Wednesday. The report said that two more sellers on the e-commerce giant’s India platform โ€“ merchants in which Amazon had indirect equity stakes โ€“ accounted for around 35 per cent of the platform’s sales revenue in early […]

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Adani Group acquires 23.5% stake in Mumbai International Airport

Mumbai:ย Adani Group’s flagship holding company Adani Airport Holdings Ltd (AAHL) has acquired 23.5 per cent stake in the Mumbai International Airport Ltd (MIAL) from ACSA Global Ltd (ACSA) and Bid Services Division (Mauritius) Ltd (Bidvest) for Rs 1,685.25 crore. In a regulatory filing, Adani Enterprises said that AAHL has acquired 28.20 crore equity shares of […]