Indiabulls Group has asked over 2,000, of its total of 26,000 employees, to leave as an outcome of performance review at the end of financial year 2019-20.

Though the company said the attrition was in line with the process it follows every year (of 10-15 per cent attrition after performance reviews), its employees have a different story to tell.

ByteDance valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenomenon TikTok will keep pulling in advertisers.

Stock in the world’s most valuable start-up has changed hands recently at a price that suggests its value has risen more than 33 per cent from about $75 billion during a major round of funding two years ago, the people said, asking not to be identified because the matter isn’t public.

Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by market valuation following a rally in its share price.

At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.

Johnson & Johnson is ending sales of its iconic talc-based Johnson’s baby powder in the US and Canada, where demand has dwindled amid thousands of lawsuits claiming it has caused cancer. They said that healthcare products and the talc-based powder will still be sold outside the US and Canada.

In order to facilitate candidates' access to high-quality mock tests for upcoming exams such as JEE Mains and NEET 2020 from the comfort of their homes, Union Human Resource Development Minister Ramesh Pokhriyal Nishank has launched a new mobile app called the ‘National Test Abhyas' (NTA).

The app has been developed by the National Testing Agency (NTA) after a demand emerged for making up the loss to students due to closure of educational institutions and NTA’s Test-Practice Centers (TPCs) due to the continuing lockdown.

A loud and mysterious thundering sound in several parts of Bengaluru on Wednesday afternoon, which triggered panic among the city dwellers, was due to a routine Indian Air Force test flight involving a supersonic profile, the Ministry of Defence said.

The loud noise created quite a flutter in the city and no agency clarified the reason while it was ruled as an earthquake.

World Health Organisation (WHO) Director-GeneralTedros Adhanom Ghebreyesus on Wednesday said that the institution plans to look for new sources of funding, and also improve the quality of funding in an attempt to provide help to countries who are in dire need if a dangerous public health crisis emerges.

The Union Home Ministry on Wednesday dropped domestic air travel from the list of prohibited activities during the ongoing lockdown over COVID-19, as the government announced resumption of services from May 25.

An order to this effect was issued by Union Home Secretary Ajay Bhalla in his capacity as chairperson of the National Executive Committee under the National Disaster Management Act.

As Nepal claimed Lipulekh, Kalapani, and Limpiyadhura areas under its territory in a new map released on Wednesday, India hit back strongly on Wednesday, saying such artificial enlargement of territorial claims will not be accepted.

In a map issued by Nepal's Ministry of Land Management, Cooperatives & Poverty Alleviation, the areas have been shown as falling under its territory.

The government on Wednesday said the number of deaths reported per lakh population in India due to coronavirus is just 0.2 as against the global average of 4.2 people per lakh population.

The number of COVID-19 cases in India is 1,06,750 while 3,303 people have succumbed to the disease, the figures released by the Union Ministry of Health and Family Welfare show. Globally, 49.3 lakh people have been infected of the virus while 3.24 lakh people have died.

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