Los Angeles: On December 19, it was reported that Amazon workers from various U.S. warehouses plan to strike starting Thursday due to unsuccessful labor negotiations with the company. The International Brotherhood of Teamsters, representing 10,000 Amazon employees, announced that the strike was prompted by Amazon’s refusal to recognize their union and negotiate a fair contract..
New Delhi: Starbucks, widely considered the most popular coffee chain globally, is reportedly facing difficulties in the Indian market. Rumors are circulating that the American coffee giant might exit India due to rising losses, high operating costs, and a disconnect with Indian consumer preferences. While no official announcement has been made, the situation raises concerns.
India tends to delay reforms, often waiting for external pressure, and as a result, political leaders are less able to make a compelling case for long-term structural changes.
New Delhi: India experienced a significant surge in smartphone exports in November, surpassing the ₹20,000 crore mark for the first time in a single month. This achievement, driven primarily by Apple, represents a more than 90% increase compared to the same month last year when exports were over ₹10,600 crore. In November 2024, smartphone exports.
Mumbai: The One Station One Product (OSOP) initiative, aimed at empowering women artisans, has seen significant growth, with 1,854 outlets now operating at railway stations across India. Central Railway alone hosts 157 of these outlets, highlighting its commitment to the program. Notably, within its Bhusaval Division, there are 25 active OSOP outlets, all of which.
Jakarta: Indonesia, through PT Kawasan Industri Terpadu Batang (KITB), has introduced new commercial and residential zones within the Batang Industrial Area, a sprawling 4,300-hectare site in Central Java. This initiative aims to attract investors and create diverse business prospects. Ngurah Wirawan, the general director of KITB, stated in a press release that the new zones.
Mumbai: Zomato has received a Goods and Services Tax (GST) demand notice amounting to Rs 803 crore from the GST department, as reported on December 13. The notice, issued by the Joint Commissioner of CGST and Central Excise in Thane, pertains to unpaid GST on delivery charges. The total demand includes Rs 401.7 crore for.
New Delhi: The Income Tax Department has reported a remarkable 46.31% increase in tax refunds, totaling Rs 3.08 lakh crore between April 1 and November 27 of this year. This marks a significant improvement compared to Rs 2.03 lakh crore issued during the same period last year, highlighting the Ministry of Finance’s efforts to accelerate.
New Delhi: MP Manish Tewari has expressed his concerns, questioning the delay in implementing the proposed business credit card scheme by the Ministry of Finance. On April 8, 2022, the Parliamentary Standing Committee on Finance presented a crucial report focusing on the challenges faced by the Micro, Small, and Medium Enterprises (MSME) sector. The report.
