Top headlines: Diageo moves to delist Indian arm, Swiggy announces layoffs

From shareholders set to pay 25 per cent for subscribing to RIL's mega Rs 53,125-crore rights issue to layoffs at Swiggy, here are top stories of the day

Rahul Bhatia's InterGlobe doesn't make the list of Virgin Australia suitors

InterGlobe Enterprises, led by Rahul Bhatia hasn't made the list of suitors selected by Virgin Australia Holdings Ltd's administrators Virgin Australia Holdings Ltd's administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a source with knowledge of the matter said on Monday. The airline's administrators expected to receive as many as eight non-binding indicative offers from potential buyers before a submission deadline on Friday. Read More

Swiggy follows Zomato, lays off 1100 as coronavirus dashes business

Foodtech giant Swiggy will lay