World's biggest junket operator Alvin Chau held, Macau casino stocks sink

The detention Chau marks the first time such a high-profile figure in the gaming industry has been targeted

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Amazon infuses fresh capital of Rs 650 cr in Amazon Wholesale (India)

US-based ecommerce giant Amazon has infused fresh capital to the tune of Rs 650 crore into one of its India units, Amazon Wholesale (India), according to regulatory documents. Amazon Corporate Holdings Private Limited and Amazon.com.incs Limited have made the Rs 650 crore investment in the wholesale B2B arm of Amazon India, documents filed with the corporate affairs ministry and shared by market intelligence firm Tofler showed. The date of allotment was October 26, 2021, it added. Amazon India did not respond to emailed queries. According to the documents, a significant share of the funds (over Rs 649.94 crore) came from Amazon Corporate Holdings Pvt Ltd. The fresh funds will provide more arsenal to Amazon in India to bolster its wholesale B2B business in India. Amazon has been aggressively investing across various business units in India. These investments have been deployed towards expanding infrastructure and adding solutions to enhance consumer and seller experience. In Oct

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Shapoorji Pallonji's Joyville to invest Rs 300 cr to build 750 apartments

On operational performance, Mahadevan said the company has clocked a nearly three-fold jump in its sales booking at Rs 450 crore during the first half of this fiscal year.

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Covid-19 pandemic: WHO hits panic button as Omicron reaches 13 nations

The omicron variant, first sequenced in South Africa, has been identified in at least 12 other countries

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A forgotten army

A Foreword by Yasmin Khan, author of the excellent The Raj at War, notes that this book is in the "vanguard of shaping new histories of the Second World War"

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Bharat Biotech resumes Covaxin export with 'long-pending orders' in Nov

The Centre allowed commercial exports of Covaxin last week

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The tale of two airlines

The pandemic may have willy-nilly created an opportunity to correct the anomalies of the past

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Crypto-assets: To ban or not to ban?

Financial regulation is about striking the right balance between enabling innovation and ensuring customer protection

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