TOP News on 04-06-2021

We bring the top business and financial news for the day which is useful to know the current business and financial markets and keep you updated.

Whatsapp new feature

Whatsapp to roll out new feature “View Once”, with this feature the sender can send media and the receiver can see it only once and it gets auto deleted.

This feature is coming after the success of disappearing messages feature.

Reliance plans for Covid-19

Reliance in plans to produce low-cost covid drugs and test kits in India.

Their drug is also approved by the Indian Medical Council, they have made their drug from tape worm.

NACH to work 24*7 from Aug 1st 2021

RBI has announced that National Automated Clearing House (NACH), a bulk payment system operated by the National Payments Corporation of India, will work 24*7 from Aug 1st 2021

This is in order to enhance the availability of RTGS available for all days.

Flipkart to get $700 million

Softbank in talks with Flipkart to invest up to $700 million. If everything goes well Softbank will be second one to invest large in Flipkart after its owner Walmart.

If the deal goes well, Flipkart’s value will rise to $25-$30 billion.

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