coronavirus
Infrastructure
WeWork India lays off 20% of workforce as virus lockdowns weigh
WeWork’s India franchise said on Tuesday it laid off 100 employees, or 20% of its workforce, as the office-sharing startup...
General
India coronavirus infections surge past 100,000, deaths top 3,000
Coronavirus cases in India reached 100,000 on Tuesday, matching the number of intensive care unit beds in the country, while ......
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,...
Finance
SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'
Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate...
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 ......
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 ......
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