It is alleged that the company and its officials fabricated balance sheets to avail a loan which was not repaid to the bank, they said.

Amazon’s India unit has contracted 2 million sq ft while Walmart-backed Flipkart has contracted 1 million sq ft across Bengaluru, Mumbai Metropolitan Region, Hyderabad, Pune, Ahmedabad, Lucknow and Coimbatore, said multiple persons aware of the development.

The funding comes at a time when the company’s sales and margins have doubled, compared to the same period last year.

They also suggested that the levy should not be imposed on services or goods that are executed online but delivered offline – for instance, online hotel bookings, air ticketing and even heavily regulated financial services – besides seeking a clear definition of what comprises online sale of goods, services and the digital or electronic platform.

E-commerce companies have been permitted to sell all items in Orange and Green Zones starting from Monday, the first day of the third phase of the nationwide lockdown that began on March 25.

Amazon has become a lifeline for consumers facing lockdowns and restrictions around the world, and the company is in the process of adding some 175,000 new employees to cope with the surging demand. But the company has also faced protests from warehouse workers and activists who claim Amazon has failed to do enough to keep them safe.

The Walmart-owned company said it had seen an increase in searches for consumer electronic products, including personal grooming equipment such as trimmers.

Highlighting that network capacity and higher bandwidth services have proved to be crucial, not only during the pandemic itself, but also for e-commerce and economic inclusion in general, it said in an information note: “What can WTO members do to improve communications networks and services?”

As per estimates by Forrester Research, regions in Green and Orange zones accounted for 30-35% sales of ecommerce firms prior to the lockdown.

Under the initiative, Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers will further deliver the packages to customers' doorstep, the company said in a statement.

Companies need to come up with strategies to keep the lights on, both by keeping control on the cash burn as well as generating revenue in these difficult times.

The business is split in three verticals, services, products and skilling. The services which include slimming and diet planning is the oldest and most known.

Salon chains and wellness providers look to spur sales and attract new clients.

The announcement was made at the L'Oreal Professionnel Indian Hairdressing Awards, held in Bambolim on Wednesday.

The chain which currently has 20 outlets operating across Delhi-NCR aims to open over 100 outlets in financial year 2017 across multiple cities in India.

Zurich-based Committee International d'Esthtique et de Cosmtologie (CIDESCO) is considered world standard for Beauty and Spa Therapy.

This is the fourth round of fund-raising by Nykaa, which last raised about Rs 100 crore in 2016 from Max India, the Sunil Munjal family office and Harsh Mariwala.

The latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm Wazir Advisors, Lets Ventures’ Mohit Bajaj and Calcutta Angels.

The company, which plans to open 15 stores across India over the next five years, at present has one store in India. It entered India in June this year.

The company said its plant at Sanand in Gujarat which originally manufactures skincare products for the India market has begun production of alcohol-based hand sanitisers, and it will be shifting part of its production towards the making of sanitisers at the plant.

Since hand sanitisers have been declared as essential commodity under the Essential Commodities Act, action can be taken against dealers involved in hoarding and black-marketing of the product. The retailer/ manufacturer/ trader overcharging a consumer can be prosecuted under the Legal Metrology Act, 2009, and Packaged Commodities Rules, 2011, the government said in a statement.

The decision would empower the central government and states/union territories to regulate prices, production, sale, distribution, transport, movement, storage, information of alcohols used in manufacturing hand sanitizers, used as preventive measure to avoid infection from COVID-19, Ministry of Consumer Affairs said in a statement.

Officials are already taking necessary action against black-marketers and hoarders as per law under the provisions of the Essential Commodities Act. The minister said the practice of social distancing must be followed while distributing ration among beneficiaries, who should be asked to maintain a distance of at least one metre between them.

“Now we want distilleries that have their own bottling plants to add a new product line - sanitisers - to their line up of alcoholic beverages. This will put off pressure from hand sanitiser industry which is facing huge challenge to meet the demand,” said a senior food ministry official.

The industry will also meet drug controllers to seek and fast-track issuance of required licences and nods. Ethyl alcohol, a key raw material used in a distillery, is also a key ingredient for hand sanitisers. This move comes as the centre has requested state governments to rope in distilleries to make hand sanitisers for the shutdown period till March 31 due to the pandemic.

Sanitisers, available in two sizes 50 ml and 500 ml, are marked at a price of Rs. 25 and Rs. 250 respectively, the company said. In addition to pharmacies, general stores, and VLCC wellness centers, customers can also buy VLCC hand sanitisers from e-commerce platforms such as Amazon, Flipkart, Snapdeal and Nykaa.

“The export of all ventilators including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance/devices... is prohibited with immediate effect,” the the Directorate General of Foreign Trade (DGFT) said in a notification.

“About 45 distilleries and 564 other manufacturers have been granted permission to produce hand sanitisers. More than 55 distilleries are likely to be given permission in one or two days and many more are being motivated to produce sanitisers in this scenario,” consumer affairs ministry said in a release.

"The total sanitiser licenses issued in the state is 48 and production ramped up to 50,000 litres per day," Additional Chief Secretary, Information, Awanish Awasthi, told reporters.

Kylie and Kris Jenner have teamed up with cosmetics company Coty to mass produce the hand sanitisers.

The Mysuru-headquartered brand is using its fragrance stock to make ayurvedic hand sanitisers ever since its product portfolio comprising incense sticks, prayer and wellness products came under the non-essential category.

Apart from Covid-19 lockdown norms, paucity of adequate stocks and a minuscule discount in retail medicine shops shot the demand for medicine delivery through various e-pharmacy platforms.

SJM national co-convenor Ashwani Mahajan tweeted on this issue, tagging Prime Minister Narendra Modi, to flag his concern. . Mahajan had shared screenshots that said Aarogya Setu now brings to you online medical consultations (call and video), home lab tests and e-pharmacy.

The startup, backed by Ratan Tata's investment platform RNT Capital, confirmed his appointment.

The affordable gyms under Talwalkar-Snap Fitness tieup to open first in Singapore and Malaysia.

Researchers at Harvard University in the US created a highly sensitive soft capacitive sensor made of silicone and fabric that moves and flexes with the human body to unobtrusively and accurately detect movement.

To mark the occasion of Anti Obesity Day on November 26, the company would provide DNA scan to individuals at its centres countrywide and also educate them on issues leading to the problem such as weight gain, exercise and food habits etc.

According to Banka, since its launch in the country, Trek has acquired more than 30,000 customers and till now had sold seven bicycles in the range of Rs 6.5 lakh to Rs 12 lakh.

The deal would value the company at close to Rs 4,300 crore, a premium of about 15% to its previous round of funding which valued the company at over Rs 3,700 crore, according to filings from ministry of corporate affairs sources by TOI.

Sports365 plans to use the funds to build technological capacities, launch its own private label and increase manpower.

The cricketer will now be seen playing with a bat prominently displaying Ceat in all formats of the game, Ceat said in a statement.

A month after demonetisation, the industry is yet to recover from the shock. Sales have dipped drastically, and small businesses have had to shut down.

Saraf and law firm Manilal Kher Ambalal for the NBFC said their client was the owner of the equipment and, for the default on the rent amount for their lease, the Tata company was entitled to repossess and sell them since otherwise they would get rusted.

PERHAPS we should wait until we have achieved the same level of containment of the virus as Germany before we think about restarting football (How German football intends to restart next week – and what the Scottish game can learn from their masterplan, Monday).

AS someone who has lived in Castlemilk for many years and indeed written to the Glasgow Evening Times (in the past) outlining the very lack of decent shops here, I truly hope that Stefan King’s G1 Group (which has taken over the Braes shopping centre) is committed to its regeneration.

President Trump wants states to begin relaxing stay-at-home orders and reopen businesses after the spread of the coronavirus pummeled the global economy and killed millions of jobs. The White House coronavirus task force released guidelines on April 16 to encourage state governors to adopt a phased approach to lifting restrictions across the country. Some states have moved ahead without meeting the criteria . The task force rejected a set of additional detailed draft recommendations for schools, restaurants, churches and mass transit systems from the Centers for Disease Control and Prevention that it considered " overly prescriptive ." A number of states have already begun to lift restrictions, allowing for businesses including hair salons, diners and tattoo parlors to once again begin accepting customers. Health experts have warned that reopening too quickly could result in a potential rebound in cases. States are supposed to wait to begin lifting any restrictions until they have a 14

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Very briefly, at the end of 2019 and the start of 2020, there were slightly more women on American nonfarm payrolls than men. That's no longer true. The historically disastrous April jobs report shows that the brunt of job losses fell on women. Women now account for around just under half — 49% — of American workers, and they accounted for 55% of the increase in job losses last month. One way of looking at why that matters that is to look at the gap that opened up between women's and men's unemployment last month. The below chart shows women's unemployment rate minus men's unemployment rate since 2007. Usually, the line bumps around near or just below zero — meaning men's unemployment is usually near or slightly higher than women's. But that spike on the far right shows how women's unemployment leapt to be 2.7 points higher than men's in April. Women had an unemployment rate of 16.2% to men's 13.5% last month. That's uncommon for a recession. The below chart is a longer view, and the

I put together this course is for those new to the Maschine MK3, those upgrading from other controllers, and those just needing a hardware refresher. The videos in this course are focused, to the point, and designed to give you a solid foundation quickly so you can get back to making beats. Check it out, […]

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Hey what’s good MT Fam! Just wanted to share a quick tip on how to erase events directly from the controller. There are multiple ways to erase notes, but if you quickly just want to get rid of all the notes for a specific pad this short cut is one to remember. It is one […]

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