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TMT
Uber posts $2.9 bn Q1 loss, sees rides recovering from coronavirus lows
Uber Technologies Inc's ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related...
Healthcare
Kitara Capital-backed Vivimed Labs hires FMCG veteran as CEO
Specialty chemicals and pharmaceuticals supplier Vivimed Labs Ltd has appointed a veteran of the fast-moving consumer goods sector...
Finance
China-backed AIIB approves $500 mn loan for India's COVID-19 response
Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it had approved a $500 million loan to India to help...
Economy
India may see 0% GDP growth this fiscal year: Moody's
The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country...
Infrastructure
Work-from-home surge won't have much impact on office, residential realty: JLL's Nair
The real estate market is facing problems at multiple levels in the pandemic. Sales are dwindling, construction has come to ......
General
Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake
Kishore Biyani’s Future Group has approached private equity (PE) firms, including its existing investor Blackstone, as it...
Infrastructure
Realty Scan: How IndoSpace grabbed pole position in Indian warehousing
Until a few years ago a warehouse in India usually meant a glorified godown at best and a tin-roof storage ......
General
Grapevine: Biyani to sell more stake in Future Retail to Amazon
Private equity firm CVC Capital Partners is expected to buy a large stake in HealthCare Global Enterprises Ltd (HCG), which ......
General
Coronavirus cases in India jump to almost 53,000, death toll nears 1,800
The number of coronavirus infections rose to 52,952 in India, up by 3,561 over the previous day, the health ministry ......
TMT
Zomato targets push into alcohol deliveries to cash in on lockdown
Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as ......
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