NEW DELHI: Meta (formerly Facebook) on Tuesday appointed Meghna Apparao as the Director of e-commerce in India to lead the strategy and solutioning that is focused on the company's e-commerce advertisers.

BEIJING: The new Beijing Daxing International Airport is expected to handle 2.8 million passenger trips during the Spring Festival travel rush that started on Monday, sources said.

HELSINKI: N Wholesale electricity prices in Finland hit a record high in 2021 as power consumption returned to pre-pandemic levels, the national broadcaster Yle reported.

NEW DELHI: Thrasio Holdings Inc, an aggregator of private brands on Amazon, on Friday said it will invest Rs 3,750 crore (nearly $500 million) to acquire leading digital-first brands in India.

NEW DELHI: As travel tech major OYO prepares for its much-awaited public listing, the continued satisfaction of its hotel partners and winning back dissatisfied partners will play a key role in determining how its business performs and, by extension, how its stock holds up.

A Division Bench of the Delhi High Court has stayed arbitration proceedings initiated by Amazon against the Future group in relation to a 2019 investment by Amazon in a Future group company. The High Court, after hearing the parties for over two hours, passed an order recording that a prima facie case for interim relief had been made out by the Future group.

NEW DELHI: External Affairs Minister Dr S. Jaishankar on Monday discussed various issues including trade, investment, and security with his UK counterpart Liz Truss.

NEW DELHI: In a new development in the Amazon vs Future Group legal battle, the global e-commerce company has moved the Supreme Court against the Delhi High Court order, which stayed the ongoing arbitration proceedings with the Future Group, in connection with the 2019 deal between the firms.

NEW DELHI: To avoid contempt, DMRC on Monday filed an urgent affidavit in Delhi High Court disclosing details of all its bank accounts having funds worth Rs 6,208 crore.

NEW DELHI: The volume of the bilateral trade between India and the United Arab Emirates (UAE) is tipped to increase from $60 billion to $100 billion in the next 5-8 years in tune with the growing partnership between the two countries.

SAN FRANCISCO: Apple CEO Tim Cook's earnings totalled $98.7 million in base salary, stock and other compensation in 2021, media reports said.

NEW DELHI: As India doubles down on local manufacturing, the country's import tariffs in the electronics sector are still way higher than China, Vietnam and other economies, which is negating the performance-linked incentive (PLI) scheme and adversely impacting competitiveness and scale, a new study showed on Thursday.

NEW DELHI: LIC assets at $463 billion exceeds the GDP of several economies, and it is ranked 5th globally in terms of life insurance GWP and 10th globally in terms of total assets.

NEW DELHI:The Enforcement Directorate (ED) on Monday said that they have provisionally attached immovable assets worth Rs 26.25 crore in form of land, residential and commercial properties of Diamond Power Infrastructure Ltd and others in a bank fraud case. With this, the total attachment in the case has gone up to Rs 1,128.97 crore.

NEW DELHI: India's GST collection rose 13 per cent in December 2021 on a year-on-year basis to Rs 1,29,780 crore.

NEW DELHI:The Mumbai Income Tax team, which is conducting raids at the premises of Uttar Pradesh businessmen Pushapraj Pampi Jain, Anup Jain, Mahavir Prasad, Faizan Malik and Malik Mian, have collected a lot of evidence against them and are examining the balance sheets of FY 2016-2021.

GURUGRAM: Digital-first consumer brands platform Honasa, that owns personal care brands like Mamaearth, on Saturday said it has raised $52 million led by Sequoia, becoming the first Indian unicorn of 2022.

NEW DELHI:Citing Covid-induced inflation as the reason, Delhi Deputy Chief Minister Manish Sisodia has urged the Centre to increase the national capital's share in the central tax, as it has been getting only Rs 325 crore for the last 21 years and said it is unfair to the Union Territory.

NEW DELHI: Delhi Deputy Chief Minister Manish Sisodia will raise the demand to withdraw the increased tax on textiles from earlier 5 per cent to the proposed 12 per cent in the GST (Goods and Services Tax) Council meeting on Friday.

NEW DLEHI: The Food Corporation of India (FCI) on Thursday declared that it would do away with open storage completely and go for only CAP (covered and plinth) storage by March 2022.

NEW DELHI: As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across cities in next year.

CHENNAI: Multi-business company ITC Ltd on Tuesday said it has commissioned a 14.9 MW solar power plant in Dindigul, Tamil Nadu.

NEW DELHI:National carrier Air India has won a significant legal battle in a case of a passenger dispute in the UK.

WASHINGTON: As Omicron variant spreads globally, the US Food and Drug Administration (FDA) has issued an emergency use authorisation (EUA) for the Pfizer antiviral pill to treat Covid-19 along with caution for people with certain pre-existing conditions -- heralding a new era for the future, over-the-counter treatment of the deadly respiratory disease that has killed millions.

NEW DELHI: Procter & Gamble is recalling aerosol dry shampoo and conditioner spray products from half a dozen brands sold in the US after finding benzene in some of them, CBS News reported.

NEW DELHI: As the pandemic ravaged several industries, especially the tourism and travel sector, a few enterprises used the situation to rebuild from scratch, at the cost of making certain painful short-term decisions. IPO-bound Oravel Stays Ltd, or OYO, is one such example that revamped its operations and business strategies to not only stay afloat but also emerge stronger.

NEW DELHI: Indian Sellers collective, an umbrella body which brings together leading trade associations and representative bodies of sellers across the country, has welcomed the decision of the Competition Commission of India (CCI) to suspend Amazons 2019 deal with the Future Group.

SAN FRANCISCO: Tesla CEO Elon Musk has said that its electric vehicle company is planning to invest over $10 billion in Gigafactory Texas and will eventually employ 20,000 workers.

WASHINGTON: Global debt rose to a record $226 trillion in 2020 as the world was hit by the raging Covid-19 pandemic and a deep recession, the International Monetary Fund (IMF) announced.

NEW DELHI: The UAE has informed the US that it will suspend discussions to acquire F-35 fighter jets as part of a $23 billion deal that also includes drones and other advanced munitions, Daily Mail reported.

NEW YORK:Amazon is facing questions over health and safety policies at a warehouse in the US state of Illinois, which was destroyed by a powerful tornado resulting in the deaths of six workers, the BBC reported.

MANILA: The World Bank on Saturday approved a $600 million loan to support the Philippine government's reform programme to position the Southeast Asian country for a competitive and resilient economic recovery.

NEW DELHI: Logistics technology platform Shiprocket on Friday said it has signed a definitive agreement for a $185 million (Rs 1,380 crore) Series E funding round, co-led by Zomato, Temasek and Lightrock India.

ISLAMABAD: The Asian Development Bank (ADB) said that it has approved a $603 million results-based lending programme to strengthen and expand social protection programs in Pakistan.

NEW DELHI: Punjab National Bank (PNB), one of India’s leading public sector banks, today announced a contribution of Rs 11 lakh towards the Armed Forces Flag Day Fund (AFFDF) to honour the ex-servicemen belonging to the country’s three defence wings.