Walmart-owned e-commerce major Flipkart has entered into a strategic and commercial partnership with the Adani Group to enhance its supply chain infrastructure and set up its third data centre in the country. The online retailer…
Jio Platforms set to raise Rs 5863.50 crore…
Jio Platforms is set to raise an additional Rs 5863.50 crore from Abu Dhabi Investment Authority (ADIA) by selling 1.16% equity stake. ADIA is now the seventh investor to pick up a stake in the…
Amazon warehouse workers file lawsuit claiming ‘sloppy contact…
Amazon fulfillment center warehouse.Getty ImagesWhen Derrick Palmer learned that his supervisor at Amazon had the coronavirus, he immediately notified the company."I told them that I was in contact with this person, that I might have…
Amul Twitter account blocked briefly after ad targeted…
AHMEDABAD: The Twitter account of the Gujarat Cooperative Milk Marketing Federation, owner of the Amul brand, was blocked briefly after it posted a cartoon apparently calling for a boycott of Chinese products. GCMMF Managing Director…
Mark Zuckerberg responds to upset Facebook employees, pledges…
Founder and CEO of Facebook Mark Zuckerberg speaks at the annual Munich Security Conference on February 15, 2020.Kuhlmann | Munich Security ConferenceMark Zuckerberg on Friday responded to Facebook employees who were upset over the company's…
Jio Platforms to raise an additional Rs 4546.80…
MUMBAI: Jio Platforms is set to raise an additional Rs 4546.80 crore from Silver Lake and co-investors, taking the total investment by the private equity firm to Rs 10,202.55 crore for a 2.08% stake. Silver…
Tech Mahindra signs UN Global Compact Initiative to…
New Delhi: Tech Mahindra, a provider of digital transformation, consulting and business reengineering services signed a joint declaration with UN Global Compact urging governments to align their COVID-19 recovery efforts with the latest climate science.…
Elon Musk calls for Amazon breakup after Covid-19…
Tesla and SpaceX CEO Elon Musk on Thursday tweeted Thursday that he thinks it's time to break up Amazon.His tweet came after writer Alex Berenson tweeted a screenshot showing that his upcoming book about Covid-19 doesn't…
Read the e-mail SpaceX President Gwynne Shotwell sent…
Gwynne Shotwell, SpaceX COOGetty ImagesSpaceX launched humans into orbit on May 30 for the first time, sending NASA astronauts to the International Space Station.The company's milestone coincided with nationwide protests against racism and police brutality that…