The home furnishings retailer plans to invest close to about Rs 6,000 crore in the next ten years in Mumbai  

Coronavirus update: IKEA has already shut operations temporarily in Austria, Belgium, Canada, Croatia, Czech Republic, Denmark, Germany, Italy, France, the Netherlands, Poland, Portugal, Slovakia, Spain and Switzerland, and the United States

Over 23,000 Indian students of which 21,000 are medical students are studying in China. India is preparing to airlift over 250 Indians from Wuhan and Hubei province

Social media companies with more than fifty lakh users in India will be categorised as significant social media intermediaries. These companies will also have to comply with stricter obligations, including traceability of users, under the revised rules

Hearing a plea filed by a 16-year-old boy to stop Amazon and Flipkart from excessive plastic use in packaging, the National Green Tribunal said it is for the regulator CPCB to enforce the rules

Currently, Indian companies pay over 15% dividend distribution tax on declared dividends and investors pay another 10% tax on receiving more than one million rupees ($14,070) dividend in a financial year

A clutch of Chinese companies including MG Motor, Great Wall Motors and BYD is participating in this edition

According to a 'situation report' from WHO on 28 January, 106 deaths have occurred, 4,593 people have been confirmed globally, of which 4,537 are in China

Swedish home furnishings giant Ikea says it is cutting 7,500 jobs worldwide as a result of a new strategy

The world's largest furniture chain is looking to hire people in e-commerce, sales, logistics, digital and Human Resource's and mostly they employ locals

Chief executive Ashish Goel said that they spent the last year testing their offline model. He says that now that they know that this works, they are going to expand their offline stores aggressively.

Furnishings company Ikea India has announced a new parental leave policy in which all employees, including men, will be entitled to six months of parental paid leave from this month.

In the coming 100 years, I know we will not be here, but there will be many Ikea stores and customers in India, says Ikea India CEO, Juvenico Maetzu.

It is the right time to completely deregulate fuel prices and limit petroleum subsidies to targeted users of kerosene.