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

Budget 2020: Higher customs duties are likely to hit goods such as mobile phone chargers, industrial chemicals, lamps, wooden furniture, candles, jewellery and handicraft items

Ayushman Bharat is India's national health protection scheme, which will cover over 10 crore poor and vulnerable families

Modi government has a target for the Indian economy to reach $5 trillion by 2025. That is a huge jump from current GDP of $2.7 trillion. A day before, the Economic Survey laid out the road map of a sustained 8 per cent GDP growth in the next 5 years with a moderate 4 per cent inflation.

While several top leaders have decided to stay away from Davos, others believe their absence underlines the need for an immediate brain-storming over the imminent risks faced by the world.

Unilever likely to trump Nestle in race for GlaxoSmithKline's Horlicks nutrition business; IKEA reports a 26% drop in operating profit; TCS pips Reliance Industries to become most valued company again; RIL arm acquires substantial stake in media startup NEWJ; Himachal Pradesh first state to launch single emergency number '112'; Triumph to launch 6 new bikes in India by June next year. Watch more in this episode of Business Wrap.

Half of India's ATMs may shut down by March 2019, warns Industry body; Ikea to cut 7,500 jobs as customer behaviour changes; Indians feel most vacation deprived in the world; WhatsApp appoints Abhijit Bose as India head, to build the biggest team outside the US. Watch more in this episode of Business Wrap.

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

New jobs rise to 11-month high of 9.51 lakh in JulyNew job creations in July rose to an 11-month high of 9.51 lakh, taking the total tally of new enrolments to 61.81 lakh since September 2017, according to the EPFO's payroll data. Job addition numbers, which are based on new members enrolled in various social security schemes of EPFO such as pension, PF and insurance, were 9,51,423 in July -- the highest in any month since September 2017 when the retirement fund body started rel...

Global factors behind rupee fall, no need for knee-jerk reaction: JaitleyFinance Minister Arun Jaitley yesterday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He said the Reserve Bank is doing whatever is necessary to deal with the situation.The battered rupee has lost 165 paise in the last six trading sessions. Jaitley further said the dollar has strengthened against almost every other currency and added that the rupee...

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.

Wipro wins biggest ever contract, over $1.5 billionIndian software services exporter Wipro Ltd has won its biggest-ever contract worth more than $1.5 billion with U.S.-based Alight Solutions LLC for digital services as reported by Reuters. Wipro would earn $1.5-1.6 billion in revenues over the tenure of the deal, which will include services in health, human resources and finance.The deal is expected to be completed in the quarter ending September.  Income Tax dept to wait til...

The Budget session of the Parliament kick starts today. 28 bills will be tabled in the Lok Sabha and 39 bills in the Rajya Sabha. All eyes will be on the last full budget of the present government which will also be the first budget after GST.

The Budget session of the Parliament kick starts today. 28 bills will be tabled in the Lok Sabha and 39 bills in the Rajya Sabha. All eyes will be on the last full budget of the present government which will also be the first budget after GST.

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.