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IT firms, call centres scramble to stay functional as India locks down

TMT

25 March, 2020

IT firms, call centres scramble to stay functional as India locks down

As the coronavirus pandemic pushes India into a lockdown, the call centres and IT services firms that function as the ......

Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block

General

25 March, 2020

Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block

Facebook is close to signing a multibillion-dollar deal for a 10% stake in heavily-indebted Reliance Jio, which boasts the acquisition...

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Should the huge debt of Hero Group's clean energy arm ignite concerns?

Infrastructure

25 March, 2020

Should the huge debt of Hero Group's clean energy arm ignite concerns?

In a recent interview with VCCircle, the chief executive of Hero Future Energies Pvt. Ltd (HFE) defends the huge debt ......

Flipkart to resume e-commerce sales of essential products

TMT

25 March, 2020

Flipkart to resume e-commerce sales of essential products

Walmart Inc's Flipkart will resume e-commerce services for essential products after receiving federal and state government assurances on the safety ......

India under lockdown for 21 days as coronavirus spreads

General

24 March, 2020

India under lockdown for 21 days as coronavirus spreads

Indian Prime Minister Narendra Modi said on Tuesday the government would impose a nationwide lockdown from midnight for 21 days...

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Ashiana Housing eyes land deals amid stress in the market

Infrastructure

24 March, 2020

Ashiana Housing eyes land deals amid stress in the market

New Delhi-based real estate developer Ashiana Housing is looking to strike a couple of land deals given the favourable market...

Avaana Capital co-founder takes over reins of insurance-tech startup Coverfox

People

24 March, 2020

Avaana Capital co-founder takes over reins of insurance-tech startup Coverfox

Sanjib Jha, a co-founder of growth-stage venture investor Avaana Capital, has taken over as the interim chief executive of online...

Neev Fund-backed Blue Planet attracts funding from Nomura

Finance

24 March, 2020

Neev Fund-backed Blue Planet attracts funding from Nomura

Singapore-based waste management company Blue Planet Environmental Solutions Pte Ltd said it has raised $25 million (around Rs...

Coronavirus effect: Netflix to cut traffic, Amazon stops non-essential sales

TMT

24 March, 2020

Coronavirus effect: Netflix to cut traffic, Amazon stops non-essential sales

Netflix Inc said on Tuesday it would reduce traffic over telecom networks in India by 25% over the next 30 ......

NMC Health debt jumps to $6.6 bn; names chief restructuring officer

Healthcare

24 March, 2020

NMC Health debt jumps to $6.6 bn; names chief restructuring officer

Troubled UAE hospital operator NMC Health said on Tuesday its debt pile now stood at $6.6 billion, much higher than ......

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