Economy & Nation

Google has set July 6 the date for its employees to return to office in a gradual, phased manner and has announced to give $1,000 (around Rs 75,000) to each of its workers globally for expenses on necessary equipment and office furniture as they work from home.   Alphabet and Google...
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The Central Bureau of Investigation (CBI), here on Wednesday, said it had registered a fresh case against Haryana-based Shakti Basmati Rice and its three directors for allegedly causing over Rs100 crore loss to the State Bank of India (SBI).   The CBI said case was registered on the...
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Ola Financial Services Pvt Ltd, which provides mobile payments and wallet product, Ola Money, has raised Rs200 crore from Matrix Partners and Flacon Edge in a fresh funding. At the same time, Nitin Gupta, chief executive (CEO) of Ola Financial has stepped down, say media...
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The principal bench of National Company Law Tribunal (NCLT) has allowed Infrastructure Leasing and Financial Services (IL&FS) to sell its entire 50% stake in Gujarat International Finance Tec-City Co Ltd (GIFT City) to the state government. Interestingly, the Gujarat government, in its...
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The economic fallout from the coronavirus crisis continues to broaden and deepen but Fitch Ratings says its forecasts are starting to show some signs of stabilisation. Activity levels should start to rise in the months ahead, provided that a sharp resurgence in virus cases is avoided as...
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