coronavirus
Markets
Nifty, Sensex slip as virus cases spiral; consumer stocks drag
Indian shares fell on Thursday led by consumer stocks, as coronavirus cases in the country continued to spike steadily despite ......
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 ......
TMT
Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary
Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary ......
Markets
Sensex, Nifty gain on bank stocks' boost; focus on stimulus
Indian shares rose on Wednesday on the back of a resurgence in banking stocks as markets awaited government stimulus measures ......
Markets
India third most expensive Asian market as stock valuations jump in April
Asian equities valuations jumped to the highest since January at the end of April, following a sharp recovery in regional ......
Finance
GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1
Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services and insurance ......
Finance
How banks' credit growth slumped across sectors in the wake of coronavirus
In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......
TMT
Airbnb lays off 25% of workforce as coronavirus hits home rentals
Airbnb Inc is laying off 25% of its workforce, or nearly 1,900 employees, the home rental startup said on Tuesday, ......
Economy
Govt hikes taxes on petrol, diesel to boost revenue
India late on Tuesday increased its taxes and duties on petrol and diesel instead of passing on the benefit of ......