Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Infibeam To Transfer Its Ecommerce Platform To Subsidiary Rediff For INR 800 Cr
Infibeam is set to transfer its e-commerce platform to its subsidiary Rediff for ₹800 crore. This move, announced by the company, is a significant strategic decision to consolidate its e-commerce assets and streamline its business. The transfer is aimed at creating a more focused and agile business structure, which could unlock value for shareholders. The transaction signals a new phase for both companies.