Buisness and Startup news

Buisness and Startup News Of This Week


Tencent Lost $14 Billion in Market after Pubg Banned in India


PUBG Photo


Top ten richest billionaire loose $44 billion on Thursday of this week as US Shares Fell badly In three mobths in which Jeff Bezos lose the highest $9 Billion and Elon Musk lose $8.5 Billion.


Loss


Reliance bought Future Group Retail, Warehouse, Wholesale and Logistics in 24,713 crore and get 1800+ stores making him to get 1/3 rd retail stores of India


Reliance


The GST Collection is very less this year and on this our Financial Minister said that it was Act Of God During 41st GST Council Meeting.


GST



High Court Criticized Government on tender eligibility criteria of Mumbai Airport in which only big companies can participate  that on one side you run made in India Campaign but you don't give small start-up opportunity to participate.


High Court Of India


Government told State - refineries like Bharat Petroleum etc not to use Chinese tankers


SoftBank sold its $14Billion worth Stake of its telecom sectors now they have 40% left.


Air India has Issued a new Dress Code For Employees saying that they shouldn't wear casual clothes likes t-shirts, shorts, polo and Jeans


Coco Cola has given its 4,000 employees buy out package telling him to resign from their job by giving some amount of rupees and other benefits


Coco Cola


Elon Musk has become world's third richest person by revenue of $115 Billion after Defeating Mark Zuckerberg revenue of $112 Billion


Elon Musk



Zoom share grows by 40%.


Hyderabad Court remove his restraint from Netflix Series Bad Boys Billionaire
India's GDP Growth Fall by 23.9%

Australia has Entered it's First Recession after 30 years due to fallout of Corona Virus

Reliance Industries take 50% of Venezuela Crude oil (216,000 barrells per day in August) in exchange of Something


Reliance has sold its 135000 jio towers for 25,000 crore to group of Investors led by Canada

Airtel share Price increase by 8%


Infosys will hire 12,000 additional IT Employees in USA


Amazon delivers it's Items under 30 Minutes by help of Drone in USA

Bengaluru Based Ed-tech startup Unacademy raised 150 million Funding on its 1.5 billion Valuation.


Hyperlocal Delivery Startup raised 28 million Funding.


Dating App Truly - Madly raised 8.1 crore by its funding


Music App Gaana has raised 375 Crore Funding from Tencent and Times Now


Gaana Music App Photo


Bengaluru Based interior design startup raised 60 crore Funding.


Skylane has invested $1 Billion in Reliance Retail

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