A New Blow to Tracking Gun Sales
The House has passed a bill that would bar the use of merchant codes specifically for firearm retailers, an effort to pre-empt state adoption of the tool. Source link
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Pin code wars: Quick commerce cos add 900 dark stores in 3 months
Representative photo (IANS image) BENGALURU: The quick commerce race is no longer mainly about reaching new neighbourhoods. It is becoming a fight over the same pin codes. India’s five largest operators added close to 900 dark stores between April and July this year, with Blinkit, Flipkart Minutes and Amazon Now leading the expansion, according to…
How Companies Have Abandoned Their Climate Goals and Let Themselves Off the Hook
Big business made big promises about saving the planet. Following through hasn’t been easy. Source link
Sensex soars 965 pts as Q1 results lift mood on Dalaal-Street
MUMBAI: Benchmark indices ended higher on Friday, with the sensex climbing 965 points and Nifty reaching the 24,330 level, propelled by buying in blue-chip Reliance Industries, bank and IT stocks.Additionally, a strengthening rupee against the US dollar improved sentiment, even as the broader market remained predominantly negative due to weak global cues, traders said.“There is…
America’s Enterprising Spirit Is Booming After Decades-Long Slump
Hundreds of thousands of people are creating companies each year, ending a decades-long drought. Source link
NITI index: Gujarat, Maharashtra lead in wooing investors
NEW DELHI: When it comes to wooing investors and facilitating sustained investments Gujarat, Maharashtra, Tamil Nadu, Goa and Odisha have emerged as the top performing states in the first ever ‘Investment Friendliness Index’ released by NITI Aayog on Friday.The states scored well over 50 on a scale of 1-100 in the index covering all 36…
Taylor Farms to Remove Products After Lettuce Is Linked to Cyclospora Cases
The California company grows produce in more than 12 states, and in Mexico and Canada. Taco Bell and food distributor Sysco have pulled Taylor Farms lettuce from supply chains. Source link
Textile sector to sew loose ends as FTAs kick in
CHENNAI: With a slate of crucial free trade agreements (FTAs) operationalised, the textile industry is upbeat on export opportunities. The UK deal, which kicked in on Wednesday, eliminates tariffs of up to 12% and brings parity with key competitors like Bangladesh and Vietnam. While companies of all sizes are actively negotiating orders, concerns remain that…
Cyclospora Investigation Turns to Farms in Mexico
The F.D.A. is planning to inspect farms and a lettuce shredding facility to determine how lettuce supplied by the produce company Taylor Farms to Taco Bell became contaminated and where it was shipped. Source link
RIL Q1 profit plunges 25% to 23,000 crore, revenue up 25%
MUMBAI: Reliance Industries, India’s most valuable company by market capitalisation, reported a 25% fall in quarterly profit to Rs 23,196 crore on Friday, beating analysts’ average estimate of Rs 18,550 crore. The decline was mainly due to a one-off gain of Rs 8,924 crore from a stake sale in Asian Paints in the year-earlier quarter.Revenue…