Earlier this month, a bunch of prominent film producers in India decided to release some of their high-profile movies on video streaming apps instead of waiting for cinemas to reopen amid the Covid-19 …
India’s Glenmark to study potential COVID-19 drug combination
Glenmark Pharmaceuticals Ltd said on Tuesday it will begin a new clinical trial in India to test a combination of two anti-viral drugs – favipiravir and umifenovir – as a potential COVID-19 treatment.
Indian Brokers Take Long View Telling Clients to Write Off Year
India’s stock brokers are coming up with new strategies to serve clients and partners, as the nation gradually reopens for business under the cloud of pandemic-led uncertainty.
Indian Stocks’ Performance This Year to Be Worst Since 2011: Reuters Poll
If the poll forecast is correct, that would leave the index down by 22.5% for this calendar year, its worst performance since 2011 and a massive downgrade from 43,560 predicted in the last Reuters …
How Indian Economy depends on MSME (Small Business)
Micro, Small and Medium Enterprises (MSME) have become one of the most significant sectors in the Indian economy lately and for all the good reasons. Its contribution to the country’s Gross Domestic …
Indian shares rise 1% as ITC, banks gain
Indian shares rose about 1% on Tuesday, lifted by gains in conglomerate ITC and beaten-down financial stocks, and supported by buoyant Asian peers as investors cheered the reopening of some economies …
The Taste with Vir: The unloved restaurant business
At the mercy of blackmailers who spread false WhatsApp rumours about Covid, India’s restaurants struggle amidst public indifference.
With FY21 virtually written off, how Indian stock brokers are learning to business amid lockdown
India has added more than a million new equity traders in the last two months as people, locked up at home, take up stock picking …
Uber cuts 600 jobs in India
Uber is cutting 600 jobs in India, or 25% of its workforce in the country, it said on Tuesday as it looks to cut costs to steer through the coronavirus pandemic. The job cuts, which affect teams …
Uber lays off 600 employees in India as coronavirus pandemic leaves its cabs empty
As a part of its massive global layoff of 6,700 employees, Uber India has today laid off 600 employees in India. Globally, Uber lost $2.9 billion in the first three months of the …