Amazon India has reportedly told the labour ministry that it has not sacked any employee and has only let go of those who accepted the severance package and opted for separation on their own, a report in the Economic Times (ET) said.

This came in response to a petition filed by the Pune-based employee union, Nascent Information Technology Employees Senate (NITES) with labour minister Bhupender Yadav.

The Greater Noida Authority has cancelled the allotment of two land parcels of the Parsvnath developers over dues of about Rs 281 crore.

The authority has taken this action for non-deposit of the outstanding amount of nearly Rs 281 crore on both the land plots and non-completion of both the projects.

The authority will take possession of these two land plots and allot them through a new scheme.

Prime Minister Narendra Modi on Thursday said the upcoming Assembly election in Gujarat is all about deciding the state's destiny for the next 25 years.

Addressing a poll rally in Palanpur town of Banaskantha district in support of the Bharatiya Janata Party candidates, Modi said though many developmental works have been carried out so far by the ruling BJP in Gujarat and the Centre, time has come to take a "giant leap".

Tata-owned Air India (AI) has released latest grooming guidelines for all its crew members while giving clear instructions about the 'No More Chalta Hai'culture.

Air India issued a circular of over 40 pages regarding the revised image and uniform guidelines, which clearly mentions criterions for both male and female crew members.

Shares of Fino Payments Bank rallied 13 per cent to Rs 262.70 on the National Stock Exchange (NSE) in Thursday’s intra-day trade on the back of heavy volumes.

In the last two trading sessions, shares of fintech company have zoomed 36 per cent. On November 23, Wednesday, Capri Global Holdings Private Limited bought 1.32 million shares representing 1.59 per cent of total equity of the company via open market deals.

US regulators approved CSL Behring’s hemophilia B gene therapy, a one-off infusion that frees patients from regular treatments but costs $3.5 million a dose, making it the most expensive medicine in the world.

CSL Behring’s Hemgenix, administered just once, cut the number of bleeding events expected over the course of a year by 54%, a key study of the therapy found. It also freed 94% of patients from time-consuming and costly infusions of Factor IX, which is currently used to control the potentially deadly condition.

Tata Consumer Products Ltd (TCPL) will reportedly acquire Bisleri International for an estimated Rs 6,000-7,000 crore. Ramesh Chauhan, chairman of Bisleri International, does not have a successor to take Bisleri to the next level, according to a report in the Economic Times (ET). He has earlier sold brands like Thums Up, Gold Spot, and Limca to Coca-Cola.

Bisleri, which is India's largest packaged water company, is expected to have a turnover of Rs 2,500 crore with a profit of Rs 220 crore in FY23.

Technology investor Prosus on Wednesday reported widening of its consolidated trading loss to USD 80 million, about Rs 654 crore, on account of investment in PayU India business during first half of the current fiscal.

The Netherlands-based investor firm, however, registered a 59 per cent growth in total payments volume (TPV) at USD 28 billion, about Rs 2.29 lakh crore, in India.

The World Health Organization (WHO) is looking to rename monkeypox to "MPOX" to destigmatize the virus, according to a US newspaper report.

The decision follows growing pressure from Biden officials, who privately asked WHO to change the name, The Politico reported. The report said this decision could be announced on Wednesday.

Adani Enterprises Ltd., the flagship firm of Asia’s richest person, is considering issuing at least $1.8 billion in new shares, according to people familiar with the matter.

Billionaire Gautam Adani’s conglomerate is working with advisers on the follow-on issue and could sell the shares as soon as next year, the people said, asking not to be identified as the information is private. The sale could raise as much as $2.4 billion, one of the people said.

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