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TMT
Uber cuts 3,000 more jobs as pandemic jolts ride-hailing business
Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its workforce ......
Finance
How govt's ‘huge' stimulus will seep into small businesses
As part of its Rs 20 trillion ‘stimulus package’ announced last week, the Narendra Modi government announced a slew...
Economy
Why Modi govt's economic plan is unlikely to soften coronavirus blow
India’s $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending,...
Economy
India economy to contract 45% annualised in April-June: Goldman Sachs
Goldman Sachs expects India's economy to shrink 45% on an annualised basis in the quarter to the end of June, ......
TMT
Swiggy lays off 1,100 employees as lockdown saps food delivery business
Food delivery company Swiggy said on Monday it is laying off 1,100 employees as the coronavirus pandemic and a nationwide ......
Consumer
Can the battered Indian offline retailers endure the Covid-19 blow?
Unlike the last 10 years, the Indian economy is starting the new financial year with an unprecedented impact on its ......
General
Grapevine: Carlyle consortium eyes Ra Chem; KKR, others circle Azure projects
After recently acquiring India’s largest animal healthcare company Sequent Scientific Ltd, The Carlyle Group is close to...
Finance
Retail lending may revive only after festival season: Mahindra Finance chief
Over the past few years, Indian lenders—both banks and non-bank financial companies (NBFCs)—have relied heavily on retail lending to drive ......
General
Govt extends lockdown to May 31, to relax rules in some areas
India on Sunday extended a nationwide lockdown to May 31, as cases exceeded 90,000 and further clashes erupted between police...
Finance
Govt to privatise state-run firms, halt fresh insolvencies amid pandemic
India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year,...
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