This makes RIL chairman #MukeshAmbani the 12th richest man in the world and Asia’s richest with personal wealth of $60.7 billion bit.ly/2R0nRSb
#reliance
The Hindu Business
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The Hindu Business
@thehindubiz
Business, industry and economy as covered by India's national newspaper.
Joined December 2015
- Customers will have to pay 5% #GST on pre-packed, labelled food items like atta, paneer and curd, besides hospital rooms with rent above ₹5,000 from Monday with the GST Council's decision coming into force. trib.al/0n1SekH
- IMF MD names former RBI Governor #RaghuramRajan and 11 others to her external advisory group to provide perspectives on responses to the challenges the world now faces due to the #coronavirus pandemic bit.ly/2RtXgN8
- Demand for popular Parle biscuit brands such as #ParleG had been worsening since the rollout of #GST bit.ly/33QGeNt
- Overseas investors have pulled out a net ₹1,14,855.97 crore from the Indian markets in the current year so far, amid heightened geopolitical tensions and inflation concerns.
- #ElonMusk, the co-founder and CEO of automaker #Tesla Inc, on Friday tweeted that the company would be entering the Indian market “next year for sure” bit.ly/3ioL7nb
- #Wipro Chairman #RishadPremji said 300 people who worked with the company were also found to be working for one of its competitors at the same time, as he firmly stood his ground that moonlighting is “complete violation of integrity in its deepest form”.
- #Bengaluru-based IT services company #Infosys on Sunday ported a 3.2% increase in net profit to ₹5,360 crores for the first quarter ended June. However, the figures reflected a 5.7% decline sequentially from the previous quarter ended in March.
- The #AirIndia board is expected to resign in a few hours post noon on Thursday and the new board constituted by the #TataGroup will take over the airline by 3 p.m., according to people familiar with the development. trib.al/lDBSPs5
- #Microsoft Corp co-founder #BillGates stepped down from the board to focus on philanthropic works related to global health, education and climate change bit.ly/2U2XOd3
- Just in | The gross #GST revenue collected in December 2020 hit an all-time high since the introduction of the tax in 2017, at ₹ 1,15,174 crore. This reflects a 12% growth over GST collections in December 2019. - @tragicosmicomic reports.
- The planned investment, if completed, would mean #Amazon acquiring a roughly 5% stake based on the current market value of Bharti, which is India’s third-largest telecoms company with more than 300 million subscribers bit.ly/2Ua6HlX
