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Monday, November 17, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Zomato, Flipkart, Paytm — flush with unicorns, India’s tech moment arrives

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.

Vaccinations reduce chance of Covid death in India to 0.4%, says ICMR study

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.

Mukesh Ambani calling — Reliance to buy majority stake in Just Dial to expand digital offering

Just Dial gives Reliance foothold in gig economy & adds to bouquet of digital offerings, which includes online retail, music, video streaming, gaming & financial services.

How access to mRNA Covid vaccines is dividing the world between haves and have-nots

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.

Many countries have failed the solidarity test in Covid fight, study finds

The study by London-based think tank Chatham House said inequitable access to vaccines is the most glaring example of the lack of unity.

India faces a hunger crisis as lines for free food and rations grow amid pandemic

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.

Can Zomato IPO deliver hot returns? The offer seems tempting but there are some roadblocks

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.

Last resort: Indians in distress are selling gold & third wave could only make it worse

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.

Countries using AstraZeneca, Chinese vaccines are considering boosters for Delta protection

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...

Ambani and Adani. Two billionaires, one green ambition

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.

On Camera

What Pakistan Supreme Court judge Mansoor Ali Shah wrote in his resignation letter

The recent resignations of its seniormost judges are among the most pointed institutional protests Pakistan has witnessed since the lawyers’ movement of the late 2000s.

As govt starts rolling back Quality Control Orders, a look at adverse impact they had, mainly on MSMEs

Between 2016 and 2025, around 700 QCOs were issued by the government. Now, it has withdrawn 69 of them.

Drone manufacturer ideaForge wins orders worth over Rs 100 crore from Army

ideaForge has formed a joint venture to manufacture and market UAVs in the US. Its Q6 UAV is now included in NATO and allied procurement systems.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.