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Swiggy announced to shut down its food delivery service “Scootsy”

The online food delivery business central, Swiggy, has announced to close its Scootsy business. The decision was made as the company has seen a surge in demand for curated food choices from......
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Government cuts down the EPF contributions to 10% from the previous 12%

There comes yet another relief to the employers and employees afflicted due to nationwide lockdown, under PM's 20 lakh crore package for Atma Nirbhar Bharat. Reduction in EPF contributions ...
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IBC will not constitute the debts related to COVID-19 pandemic in the default category

Lately, this Sunday, the government announced that for one year, debts related to the COVID-19 pandemic will not be included in the default category under IBC (Insolvency and Bankruptcy Code). Further, it......
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MSMEs waiting for the green signal by govt to overtake Chinese consumer goods

Although 2020 may be a lost year in terms of trade, India can think long-term and build relations in order to occupy the space vacated by China. Vietnam can be an inspiration......
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Payments acknowledged through the wallet will be charged a 1% MDR fee, says Paytm

The extending lockdowns have disrupted the order and flow of nearly everything. Adversely affected sectors are commerce and e-commerce. Consequently, online payment volume has already plunged, and now Paytm's current change in......
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Yogi Adityanath’s proposal to the American companies to shift to Uttar Pradesh from China

Yogi Adiyanath, Chief Minister of Uttar Pradesh, with the help of the central government is endeavoring hard to utilize the America-China trade war to India's advantage. Giving momentum......
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Facebook Becomes the Largest Minority Shareholder of Reliance Jio

When in this global pandemic and shut down, all other businesses have more or less slumped, the tech companies can be seen thriving. Evidently, after conquering WhatsApp and Instagram, Facebook has now......
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Eight Banks Come in the Reprieve of Yes Bank, Three of them Sell Part...

We are all well aware of the downfall of Yes Bank by now. However, being the 4th largest private lender bank of India, the government can't afford it to collapse. Hence, RBI......