The Ministry of Electronics and Information Technology (MeitY) advised WhatsApp to withdraw or revise its new privacy policy. The government has warned action against the messaging platform and says “various options” available to it under Indian law. The Facebook-owned company has given a deadline till May 25 to respond to the concerns raised by the government.

Top Tata Consultancy Services (TCS) executives’ pay rose 55%in FY21 after the company executives took a moderate remuneration in FY20 on the back of the pandemic. The company CEO Rajesh Gopinathan's remuneration increased 53% to Rs 20.4 crore in FY21 compared to the previous fiscal. This includes a salary of Rs 1.27 crore, benefits and allowances amounting to Rs 2.09 crore.

Tata Projects secured an order from the Chennai Metro Rail to build a nine-kilometre underground stretch with four stations for an estimated cost of Rs 1,999 crore. The project is part of phase 2/corridor 3 of the Chennai metro and falls between Venugopal Nagar and Kellys Station, the company said on Wednesday. The work involves the construction of the nine-kilometre twin bored tunnels.

Kotak Special Situations Fund (KSSF) on Tuesday announced it has acquired a 74% stake in HKR Roadways, a non-performing asset for banks, for Rs 715 crore. The consideration paid for HKR, a special purpose vehicle owned by a consortium led by the Gayatri Group, also includes a one-time settlement for funding the debt with all the lenders.

Power Finance Corporation incorporated 2 Special Purpose Vehicle (SPVs) companies as wholly-owned subsidiaries of PFC Consulting Limited. Khavda-Bhuj Transmission - for development of Transmission Scheme at Khavda P.S. under Phase-I and Kishtwar Transmission - For the development of Transmission Scheme at Pakaldul HEP in Chenab Valley HEPs.

GE T&D India restarted regular operations at its manufacturing facilities situated at Hosur and Padappai. Further, the company has also partially resumed operations at its manufacturing facility situated at Pallavaram and will be ramping up operations in due course. The Company is following all safeguards and advisories of the Government authorities in reference to the Covid -19 pandemic.

Wipro will provide one lakh doses of the COVID-19 vaccine by June for the exclusive use of Indian employees and their dependents through a partnership with hospitals, healthcare services. The company employs 1.9 lakh employees in total, the majority of them in India. Vaccination services will be provided free of charge and will be administered on the company's campuses.

The government’s construction arm NBCC and Mumbai-based Suraksha Group have submitted their revised bids under an insolvency process to acquire debt-laden realty firm Jaypee Infratech. The two plans would be discussed at the 21st committee of creditors (CoC) meeting to be held on May 20. This will be the 21st meeting of the CoC.

Nepal and Bangladesh are trying drastic diplomatic efforts to gain COVID-19 vaccines to prop up their faltering inoculation drives as their stocks run out and supply prospects have become clouded by a prolonged Indian curb on vaccine exports. However, India was unlikely to resume major exports of COVID-19 vaccines until October at the earliest as it diverts shots for domestic use.

The National Company Law Tribunal (NCLT) has asked the Committee of Creditors (CoC) of Dewan Housing Finance (DHFL) to consider Kapil Wadhawan’s offer for the company. The NCLT has asked the CoC to convene within 10 days to consider Wadhawan’s offer. Wadhawan is the former promoter of DHFL. He had earlier proposed to repay Rs 91,158 crore to the lenders.

According to the latest statement provided by the Centre to states and UTs, a total of 5.86 crore COVID vaccine doses will be provided free of cost to them from May 1 to June 15, the Union Health Ministry stated on Wednesday. Additionally, a total of 4.87 crore doses will also be available till June end for direct procurement by states and UTs.

JSW Hydro Energy, a wholly-owned subsidiary of JSW Energy, has raised US$ 707 million by allotment of US$ denominated senior secured notes. “The proceeds from the issuance will be used towards repayment of existing green project-related Rupee-denominated indebtedness,” the company said. Fitch Ratings assigned a rating of 'BB+(EXP)' with a stable outlook to the 10 years JSW Hydro bonds due 2031.

PhonePe is negotiating to acquire mobile operating system startup IndusOS for $60 million. This is the latest sign of large startups rallying against Google to build and launch apps on their own platforms. IndusOS will work with PhonePe’s Switch - a service that enables multiple apps such as Ola, redBus, Goibibo, Myntra, Delhi Metro, Grofers on a single platform.

Flipkart performed well with sustainable gross merchandise value (GMV) growth at a time when India deals with the second wave of COVID-19, the etailer's parent, Walmart, said in its earnings report for the first quarter of 2021-2022. At Flipkart, monthly active customers and users are key metrics, and we're performing well, said C Douglas McMillon, president, CEO and Director, Walmart Inc.

Indian Railways is extending all possible help in the fight against Covid-19. Railways is moving Oxygen Expresses swiftly with loaded oxygen to different parts of the country. At the same time, it has geared up its in-house medical facilities. Massive Capacity Enhancement is planned in 86 Railway hospitals across India. All Railway Covid Hospitals to be equipped with Oxygen Plants.