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+ Top Business Books of 2020
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Amazon’s Agreements With Future Group Seem Contrary To FDI Policy
The court, in a prima facie opinion, held the agreements between Amazon with Future Group companies, if conflated, result in the former exercising control over Future Retail Ltd., which would be contrary to foreign exchange management and foreign direct investment rules in absence of government approvals.
The list of 10+ Recommended Business Books of 2020 is out.
Fairwork Foundation’s annual ‘Fairwork India Ratings 2020’ has been released. Every year, the report assesses companies on five principles: fair play, fair conditions, fair contracts, fair management, and fair representation.
In 2020, Swiggy, Uber India, and Zomato scored the lowest with 1/10. Urban Company and EKart scored the highest with 8/10 and 7/10, respectively.
Tata Motors, the biggest automobile manufacturing company in India has decided to hike commercial vehicle prices from January 1st. Tata Motors says the actual change in price will depend on individual model, variant and fuel type. The steady rise in material and other input costs and impact of forex has forced the company to increase prices.
Story: Tips to Zoom effectively and make your meetings more productive.
Short video-sharing platform, Mitron has signed a licensing deal with Zee Music. Mitron, which is considered to be the Indian rival to TikTok India, will now give users access to thousands of songs from Zee Music's catalogue.
Facebook has fixed a bug that was detected during a recent Facebook test by Saugat Pokharel, an experienced bug hunter from Nepal. The bug used to expose email addresses and birthdays of Instagram users. The attack used Facebook's Business Suite tool.
Mahindra & Mahindra Limited's South Korean arm SsangYong Motor has filed for bankruptcy. SsangYong is the fourth largest South Korea-based automobile manufacturer, which is owned by the Indian automotive company. This is the second time that the company is filing for bankruptcy.
Ratan Tata honored with 'Global Visionary of Sustainable Business and Peace' award by the Federation of Indo-Israel Chambers of Commerce (FIICC). Ratan Tata, who is already the recipient of Padma Vibhushan and Padma Bhushan, said "It is a great privilege to be involved with a country like Israel that I have respect for; I have always called it a country of opportunity for India".
Amazon has launched a new feature that will allow users to make Zoom calls on Amazon Echo devices like Echo Dot, Echo Show and others. For now, there are no limits on the duration of calls and you can add up to 7 participants. Using an Alexa app, Echo users have the option to create and name particular groups to make these calls.
Payment app Bharat Pe and financial services company Centrum Group submitted a joint expression of interest (EoI) to RBI to collectively take over the Punjab and Maharashtra Cooperative (PMC) Bank. Bharat Pe and the Centrum Group want to co-run the PMC bank as a small finance bank.