With China's crackdown on internet companies and India’s 625 million internet users just dipping their toes into the world of social networking & ecommerce, investors are turning their attention to India.
The findings underscore crucial role of vaccines in preventing extreme outcomes among Covid patients and allays doubts around vaccine efficacy, especially with respect to delta variant.
Just Dial gives Reliance foothold in gig economy & adds to bouquet of digital offerings, which includes online retail, music, video streaming, gaming & financial services.
Only a handful of facilities in the US and Western Europe account for almost all of the world’s mRNA vaccine supply — leaving many countries in a desperate race to catch up.
More than 15 million Indians lost their jobs in May during 2nd wave. The daily average wage for about 230 million dropped below Rs 375. All of this is leading to an increase in hunger.
Shareholders would like to see Zomato pull off smart acquisitions that bring in both scale and cash flows. Dominance of consumer data alone won’t build a sustainable moat.
The likelihood of financial distress caused by the 2nd wave is much higher & it could lead to more outright sales of gold, unlike in 2020, when people chose to take out loans against gold.
Growing concern that Covid-19 vaccines being deployed across much of the developing world aren’t capable of thwarting the delta variant is prompting some countries...
Mukesh Ambani has leaned toward data-driven consumer businesses like retail & telecom, while Gautam Adani has focused on infrastructure & utilities. Clean energy would see them overlap.
Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.
Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.
How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?
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