Amazon Food launched in India, set to spoil Zomato-Swiggy’s party
New Delhi: In a strong signal to leading players Zomato and Swiggy who have been severely hit by Covid-19, ecommerce...
Business
ShareChat sacks 101 employees amid COVID-19 uncertainties
New Delhi: Home-grown regional language social media platform ShareChat on Wednesday announced that it had to let go of 101...
OLA to lay off 1,400 employees, says revenue down 95% in 2 months
New Delhi: Ride-hailing major OLA has decided to lay off 1,400 employees amid the coronavirus crisis. Outlining the severe impact of...
40% Indian startups halt operations amid COVID-19: Nasscom
New Delhi: While 90 per cent tech startups in India are facing a decline in revenues due to the impact...
Bharti Airtel reports net loss of Rs 5,237 cr in Q4
Read Time: 1 Min New Delhi: Telecom major Bharti Airtel has reported a net loss of Rs 5,237 crore for the...
Goldman Sachs forecasts ‘deeper recession’ for India
New Delhi: Goldman Sachs has forecast a "deeper recession for India" with an estimate of real GDP falling by 5 per...
Swiggy sacks 1,100 employees as Covid-19 derails Cloud kitchens
New Delhi: Food delivery platform Swiggy on Monday announced to lay off 1,100 employees spanning across grades and functions in...
Retailers upset over no government support, warn of business closures
New Delhi: Finance Minister Nirmala Sitharaman may have announced all relief and reform measures as part of the Rs 20...
All sectors open for private companies, non-strategic PSUs to be privatised
New Delhi: The Centre will come up with a new Public Sector Enterprise Policy, and open up all sectors to the...
No fresh bankruptcy for 1 year, special insolvency framework for MSMEs
New Delhi: In a major relief for businesses, Finance Minister Nirmala Sitharaman on Sunday announced that no fresh insolvency case will...