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ICRA projects GDP to dip 6.5% YoY in Q2FY25

It said, this is due to the heavy rains and weak margins offsetting the buoyancy injected by the turnaround in Government capital expenditure and healthy trends in kharif sowing.

RCAP bidders seek another extension for bid submission

Oaktree and Torrent have requested to extend the deadline for the bid submission, from the current November 28 to December 16, while Piramal and Zurich want the last date for submitting the binding bids to be extended to December 23.

Union Labour Ministry summons Amazon over layoffs

The Union Labour Ministry has summoned Amazon India to appear before the Deputy Chief Labour Commissioner in Bengaluru on Wednesday in connection with the alleged forced terminations by the company.