In an interview with Pranav Mukul, Zepto’s co-founder and CEO Aadit Palicha said the company would use these funds to expand into 12-20 cities and hire 1,000 people over the next one year.
Sources said Jain was asked to appear before the investigating officer in Bengaluru, and was being questioned.
The common salary enhancement in 2022 is going to be 9 per cent against 7 per cent in the pre-pandemic year of 2019, according to the Michael Page Salary Report 2022.
The two startups run separately with different offices and teams, but they target the same industries such as manufacturing and infrastructure sub-contracting.
According to the report, the country installed 935 MW of open access solar capacity during April-December 2021, registering a rise of 143 per cent compared to 385 MW installed during the same nine- month period of 2020.
According to the report, banks reported 4,071 frauds involving Rs 36,342 crore during the six-month period ended September 2021 as against 3,499 frauds involving Rs 64,261 crore in the same period of last year.
RBI Governor Shaktikanta Das had first flagged this initiative in a February policy review while calling it a “major structural reform”.
It will launch electric vehicles after 2025 as demand for such vehicles at the moment is less and it will like to sell about 10,000 units a month when it enters the space
Demand for backup generators has soared over the past year as housebound Americans focused on preparing their homes for the worst, just as a surge of extreme weather ensured many experienced it.
To Hashimoto, the Tokyo cafe was an extension of his living room, where he had once kept the memorabilia. He allowed in only his former industry colleagues and their friends, and he tried hard to keep its address a secret
The country's power consumption in August last year stood at 109.21 BU, lower than 111.52 BU in the same month in 2019, as per the data.
Retail holding of NSE-listed companies hit a record high of 7.18% in June quarter.
"Now under the revised guidelines, retail and wholesale trade will also benefit from priority sector lending under RBI guidelines," the MSME minister added.
There are some time-tested ideas which when combined with the new lessons that we have drawn from this rare experience, can help you transition into a financially secure and healthy future in the new normal that has emerged.
The Ministry of Road Transport and Highways (MoRTH) said it has advised the enforcement authorities that the validity of fitness, permit (all types), licence, registration or any other concerned document(s) may be treated to be valid till September 30, 2021.
According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,294 out of the 1,497 regional transport offices (RTOs), passenger vehicle (PV) sales declined by 59 per cent in May as compared with 2,08,883 units in April this year.
Additional Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Sumita Dawra said that the government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.
Gates’ reluctance to take decisive action at Cascade adds to an emerging portrait of the billionaire philanthropist that is at odds with his image as a roving global do-gooder and champion of women’s empowerment.
Globally, EVs now account for 4.4 per cent of new car sales during CY2020 and their share is likely to cross 5 per cent level this calendar year, as per ICRA.
The industry witnessed sales of 2,61,633 units in April as against sales of 2,90,939 units in March 2021.