Home » Business » Companies

Companies - Page 32

Startup community stares at fund crunch in absence of venture capital, reinvents businesses to survive economic slowdown. (AFP Photo)

Start-ups get creative as coronavirus crisis fuels funding crunch,...

A group of the top venture firms warned startups this month that it will be very difficult to raise financing anytime...

11 May 2020 3:01 PM IST

Uber on Wednesday said it would lay off 3,700 full-time employees, or roughly 17 percent of its head count. (AFP Photo)

Uber reports massive losses, to lay off 3,700 employees

Uber recorded $3.54 billion in total revenue for the first three months of the year, but still posted a $2.9 billion...

8 May 2020 11:25 AM IST

Vista Equity Partners to pick up 2.32% stake in Jio Platforms for Rs 11,367 cr. (PTI Photo)

Vista Equity Partners to invest in Reliance Jio

Vista's investment will translate into a 2.32 percent equity stake on a fully diluted basis, making Vista largest...

8 May 2020 9:05 AM IST

Budweiser brewer hit by pandemic to invest more in e-commerce. (PTI Photo)

Budweiser to invest more in e-commerce as virus hits offline demand

The company said it would keep up efforts to market its premium and super-premium beers

7 May 2020 3:24 PM IST

Multinational companies looking to move out of China should consider Assam, with its abundant natural resources. (PTI Photo)

Assam woos MNCs moving out of China

Tea industry loses Rs 600 crore due to lockdown

7 May 2020 11:44 AM IST

Zomato targets alcohol deliveries, aims to cash in on demand for liquor. (AFP Photo)

Zomato India mulls liquor deliveries over surge in demand

Zomato would target areas that are relatively less affected by Covid-19

7 May 2020 11:18 AM IST

Oil marketing companies shares drop 13%. (PTI Photo)

Oil marketing companies shares drop 13%, after hike in excise duty on...

Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil...

7 May 2020 9:24 AM IST

Varun Beverages reports 50% hike in March quarter profit to Rs 60 crore. (ANI Photo)

Varun Beverages March quarter profit rises 50% to Rs 60 crore

The company said though the demand in domestic and international markets is curtailed, it is expected to get normal in...

5 May 2020 3:59 PM IST

WeWork co-founder Neumann sues SoftBank . (AFP Photo)

WeWork co-founder Neumann sues SoftBank over failed tender offer

The tender offer was part of a $9.6 billion rescue financing package that SoftBank agreed with WeWork in October

5 May 2020 12:06 PM IST

ITC has warned some workers of disciplinary action. (PTI Photo)

ITC faces union backlash over coronavirus work warnings

ITC has warned some workers of disciplinary action and pay cuts for missing work during the coronavirus crisis

5 May 2020 10:32 AM IST

Reliance Industries Limited Chairman Mukesh Ambani. (PTI Photo)

Silver Lake to invest in Reliance Jio

The deal comes days after Facebook (FB.O) said it would spend $5.7 billion to buy a 9.99% stake in Jio Platforms

4 May 2020 9:24 AM IST

Working with sellers to help them make products available. (PTI Photo)

Flipkart may begin operations soon

Under the latest rules, e-commerce activities in red zones are permitted only for essential goods during the third phase...

3 May 2020 12:36 PM IST