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Amazon E-commerce Seller Services is receiving a new $ 915 fund acceptance

Amazon E-commerce company has invested $ 915 million in one of its Indian units – Amazon Seller Services, according to regulatory documents. The new installation is expected to provide more weapons to Amazon in India to compete more with its competitors such as Walmart-owned Flipkart and Mukesh Ambani’s JioMart. Amazon Corporate Holdings and Amazon.com.inc have …

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Taxation of Employer’s Contribution to Retired Fund: Here’s how it affects high-income individuals

A new regulation was introduced by the Government of India through the Finance Act 2020 effective from FY 2020-21. With this regulation, the employer contributes to the Provident Fund (PF), Superannuation Fund (SAF) and National Pension Scheme (NPS; now further referred to as specified funds), in excess of Rs 750,000, in each financial year. Will …

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2021 CLASS 12 BOARD EXAMS: Recent UPDATE students need to know

PIL was filed by Tony Joseph, who argued that the cancellation of the CBSE Class 12 Board Exam 2021 would be a bad decision for students. Amid growing controversy over the cancellation of the CBSE 12 Board Exam 2021 due to an increase in COVID-19 cases nationwide, a Public Interest Litigation (PIL) lawsuit was filed …

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IPO Expands Bounded Zomato Board, Includes 4 Female Directors

Food delivery platform Zomato has expanded its board to include 4 women independent directors, making it one of the most diverse boards in India. Zomato’s new board comes forward with plans to file its draft Red Herring Prospectus (DRHP) with the market regulator for a list of its shares in the coming week, a move …

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IBM to acquire software provider Turbonomic: Report

IBM has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, people familiar with the matter said on Thursday. Also read -Tesla says bitcoin investment is $ 2.48 billion Since IBM’s acquisition of open-source software company Red Hat for $ 34 billion in 2019, between 1.5 …

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Yogi govt. closes schools, colleges and coaching centres till April 30, On-going exams can continue

As a result of the growing Corona case, orders have been issued to close all schools, colleges, and coaching centres from grade 1 to 12 in the state till April 30. Chief Minister Yogi Adityanath has indicated that the planned exams will continue. Employees may be called to the office for work. The national government …

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Asian shares fail to induce earnings before Fed meets

Asian shares were mingled on April 28 as already high valuations discouraged investors from buying equity ahead of the near-sighted US Federal Reserve meeting. MSCI’s broader index of Asia-Pacific shares outside Japan declined 0.23%. Australian stock rose 0.55%, but shares in China slipped 0.44%. Stock in Tokyo rose 0.16%.S&P 500 E-Mini stock futures rose 0.09%. …

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FMCG players see an increase in disinfectant demand as hand sanitisers, COVID-19 cases

As the massively destructive second wave of the COVID-19 epidemic sweeps across India, major FMCG companies are seeing a huge increase in demand for their health and hygiene products, including hand sanitizers, hand washes, disinfectant sprays and germ protection wipes. Companies such as ITC, Himalaya Drug Company and Patanjali said they have increased their production …

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The worst-paid employers of the blue chip are exacerbating the epidemic, the report said

Worst-paying blue chip employers bolstered CEO pay in pandemic, More than half of companies with low-wage executives in the middle of the S&P 500 Index have raised CEO pay by changing the performance appraisal rules during the COVID-19 epidemic, according to a left-wing policy group report published Tuesday. A report from the Institute for Policy …

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