Amazon is hiring for a new publisher-focused advertising team called “PubTech.” It is building a tech platform that could compete with Google, Magnite, and Pubmatic. The tech will help publishers sell ads on Amazon, according to job postings. Amazon is staffing up to build new ad products for publishers. The retail giant has 11 job … Read more
Monetary policy — and interest rates — are near-synonymous. But going by the central bank’s surprise choice of price-taming instrument Thursday, they need not be so in the next few quarters. Whenever monetary authorities wanted to influence price levels for goods and services, they resorted to the popular tool — interest rates that make money … Read more
Max Life (ML) is a subsidiary of Max Financial Services Limited (MFSL). ML is currently 87% owned by MFSL and 13% by the Axis group. In 2021, Axis Bank had announced the deal for the acquisition of a stake in ML The lender then through its entities, had collectively acquired a 12.99% stake in Max … Read more
The Delhi high court has issued SpiceJet a notice directing it to submit its accounts statement and asset-liability affidavit within a week. The court has also summoned the airline’s chairman and managing director Ajay Singh, to appear in person on 24 August for the hearing. The court’s action comes on a plea filed by Kalanithi … Read more
The Union cabinet on Wednesday cleared legislative changes needed to implement the GST Council’s decision to ensure that 28% GST is paid on the full value of amounts deposited by players for betting on online games, casinos and horse races, three people familiar with the development said. The cabinet clearance to the bill enables the … Read more