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Wipro leaders had been greeted with “welcome again” signages

Wipro leaders had been greeted with “welcome again” signages

BENGALURU: It was a reunion of kinds for among the Wipro management group who returned to the workplace on Monday, after 20 months of distant work. The leaders had been greeted with welcome again signages. Saurabh Govil, chief human sources officer (CHRO) in Wipro, instructed TOI, “In the present day

Amazon India launches its largest fulfilment centre in Bengaluru

Amazon India launches its largest fulfilment centre in Bengaluru

E-commerce giant Amazon India announced on Monday the launch of its largest fulfilment centre in the country, with a storage capacity of more than 2.4 million cubic feet, in Bengaluru. Amazon India, in a statement, said, “Ahead of the festive season, this significant expansion in infrastructure will give over 42,000

Govt exempts Air India of TDS/TCS on transfer of assets to SPV

Govt exempts Air India of TDS/TCS on transfer of assets to SPV

New Delhi: In an order to facilitate strategic disinvestment of Air India, the Centre has exempted taxes on transfer of assets by the national carrier to special purpose vehicle (SPV) Air India Assets Holding Ltd. In a set of notifications, the Central Board of Direct Taxes (CBDT) said that there

Ambani’s Reliance Infra wins $632 million arbitration against Delhi metro

Ambani’s Reliance Infra wins $632 million arbitration against Delhi metro

Mumbai: Reliance Infrastructure Ltd won a four-year battle for control of the funds by an arbitration award it says it needs to repay lenders. A two-judge Supreme Court panel on Thursday upheld the 2017 arbitration award in favor of Anil Ambani’s entity. According to Reliance Infrastructure’s annual report, the arbitration

Cabinet approves PLI scheme with incentives worth ₹10,683 cr for textile sector

Cabinet approves PLI scheme with incentives worth ₹10,683 cr for textile sector

Union Ministers Anurag Thakur and Piyush Goyal while addressing the cabinet briefing on Wednesday, announced that the cabinet has approved the proposal for production-linked incentive (PLI) scheme for specific segments in the textiles sector. The decision was taken in a meeting which was chaired by Prime Minister Narendra Modi. Narendra