Goldman Sachs Forecasts India’s GDP to contract by annualised 45 per cent
Goldman Sachs, a leading global financial services firm forecasted that in the second quarter of the Financial Year, the GDP may shrink to an annualised 45 per cent from the…
Latest news about business, BSE, NSE. The Indian Wire brings market studies, comparisons, predictions, revenue reports from the corporate world.
Goldman Sachs, a leading global financial services firm forecasted that in the second quarter of the Financial Year, the GDP may shrink to an annualised 45 per cent from the…
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 ride-hailing giant will cut 3,000 more jobs, in addition to the previously announced 3,700. The move comes after COVID-19 restrictions have led to a drop of 80% trip requests…
The Union Government has withdrawn the order that directed employers to pay wages to employees, despite units being shut in the lockdown. Given the current state of the country, this…
According to data released by a Mumbai based share depository, about 1.2 million new stock trading accounts have been opened with Central depository Services (India) Ltd. in March and April.…
India’s top food delivery startup said on Monday that it is going to lay off 1,110 of its workers from their jobs as it is facing financial repercussions from Covid-19…
On Monday, SoftBank Group Crop announced Jack Ma’s resignation from the board. Ma’s departure from the board is the latest among other high-profile allies of CEO Masayoshi Son, for instance,…
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…
Considering the hardships of companies during the lockdown, Finance Minister Nirmala Sitharaman announced on Sunday that no new insolvency process under Insolvency and Bankruptcy Code (IBC) will be initiated for…
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…