Friday, March 5, 2021

supratikanandi

Coronavirus Impact : 90% Indian startups face decline in revenue during lockdown

With start-ups of all magnitudes that exists in India either at micro or a macro level, some challenges are definitely faced by them. Few of the start-ups are laying off employees in order to do cost-cutting like Swiggy and...

Covid-19 impact : RBI cancels registration of 14 NBFCs; Nine surrender themselves

With surrendering the certificates, the companies cannot transact the business of a non-banking financial institution. A Non Banking Financial Company (NBFCs), including Reliance Net and Nischaya Finvest Private Limited, have surrendered their certificate of registration, the Reserve Bank of India said on Tuesday. In...

Donald Trump threatens WHO : Might permanently cut US funding in 30 days

Trump, President of the United States, has very assertively pointed the World Health Organisation (WHO) about their carelessness of the current COVID-19 pandemic situation. Trump's one of the tweets also reflects that he has a strong view where WHO...

Unemployment rate in India hits 27.11% amid COVID-19 pandemic extended lockdown

There has been a significant amount of dip in the economic front due to the current lockdown situation. More than anyone in the nation, the impoverished are likely to be the worst affected group. People are already losing jobs and...

Lockdown 4.0 : Government allows eCommerce companies to deliver non essentials in all zones

Big online retail giants are given a heads-up to carry on with their operations, post new lockdown 4.0 rules came into picture. Earlier, on March 24th, 2020, the e-commerce companies were only allowed to deliver the essential goods...

Indian Economy in Lockdown : Job losses, Pay-cuts, Layoffs, Deferred Appraisals and Unpaid Leaves

Prime Minister, Narendra Modi, appealed to all the private companies on April 14th 2020 to show empathy towards their employees and not to sack them from their current jobs due to the ongoing COVID-19 pandemic situation. However, companies are failing...

Covid-19 Relief Package : Govt announces 1 lakh crore for Agriculture Infrastructure

Government will amend the Essential Commodities Act to enable better price realisation for farmers. The Government Of India has recently announced a piece of uplifting news for the farmers across India where the allocation of 1 Lakh Crore...

General Atlantic to invest ₹6,600 crores for 1.34% stake in Jio Platforms

On 17th May 2020, Reliance, Jio has locked the 4th big deal in less than four weeks who also successfully closed enormous deals with Facebook, Silverlink and Vista previously. General Atlantic Firm is an American private equity firm recently...

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