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TLDR: Invesco to reduce stake in Zee, Flipkart’s health app goes live, and Intel pulls out of Russia

Criminal Procedure (Identification) Bill passed by Parliament The Criminal Procedure (Identification) Bill was cleared by voice vote in the Rajya Sabha after Home Minister Amit Shah responded to concerns voiced by the Opposition, who said the proposed law was harsh. The Bill has already been passed by the Lok Sabha, ET revealed. Read: How The Debate On Criminal Procedure (Identification) Bill Unfolded In Lok Sabha Invesco to sell 7.8% shares of Zee in a block deal Invesco Developing Market Funds has opted to sell 7.8% of Zee Entertainment Enterprises Ltd in a block deal to lower its 17.88% share, according to a Moneycontrol report. The 7.4 crore shares are valued at roughly Rs 2,200 crores. New Flipkart Health+ app goes live  Walmart-owned Flipkart is officially in the online healthcare sector after it launched the Flipkart Health+ app, Business Standard reported. Through the app, users will have fast and convenient access to high-quality, low-cost pharmaceuticals and healthcare supplies from independent vendors, the report said. Read: Flipkart To Acquire Majority Stake In SastaSundar.com And Enter Online Healthcare Despite Regulatory Uncertainty Court might offer tax certainty for E-Commerce, food delivery firms After a recent Calcutta High Court ruling, many E-Commerce and food delivery businesses may have more clarity on non-refundable input tax credits under the Goods and Services Tax (GST), as per an ET report. Refunds can be availed in all cases where input services rendered attract a higher tax rate than output services, the court held. Zomato and Swiggy down due to technical issues, now…

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A wandering soul finding solace in the tidbits of life and the little things it has to offer. Follow me on Twitter @realpal21

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