Global Remittances could fall $109 billion in 2020 because of COVID-19
A report said that due to Covid-19, the Global Remittances could fall by $109bn in 2020.
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OYO to Raise $1.5 bn Funding; for Expansion in US
Online Hotel booking startup OYO Hotels and Homes set to raise $1.5 billion from its founder, Softbank and other investors.
India’s Top Biscuit maker Parle may cut up to 10,000 jobs Due to Economy Slowdown
India’s Top Biscuit maker Parle may cut up to 10,000 jobs Due to Economy Slowdown.
Study Says US CEOs Earn 278 Times More Than Their Workers
Top Executives at US MNC’s paid 278 times more than their company’s workers according to a study.
US Shutdown Become Longest in History, Economy Hits Low
US Shutdown longest in History
Airtel Reported First Ever Loss in Indian Telecom Sector
India’s one of the leading telecom company Bharti Airtel reported first ever loss of Rs 940 crore in the first quarter (June 2018) from its Telecom business. Airtel bleeds to retain market dominance in the face of free voice calls and dirt cheap tariffs from Reliance Jio, Vodaphone & idea. Bharti Airtel’s India performance continued […]
List of No Risk Investment Options in India With Good Returns
Investment Planning is a crucial step that aids in wealth growth and income generation. Most investors look for maximum returns with least risk in deciding out the “best” investment option for themselves. However, there is no such “best” investment concept that exists in reality. One can select from the numerous alternatives that are available and […]
Norway’s $1 Trillion Wealth fund Opposes Elon’s Double Role at Tesla
Norges Bank Investment Management (NBIM), world’s largest sovereign wealth fund on Wednesday said that it had backed an initiative to wrest the role of chairman away from Tesla Chief Executive Elon Musk. The proposal which represented the strongest challenge yet to Musk’s grip on the Silicon Valley car company got defeated Tesla’s annual meeting of […]
Uber is “Finished” in Turkey- President Erdogan
Uber is “finished” in Turkey said Turkey President Recep Tayyip Erdogan following intense pressure from Istanbul based taxi union to banned Uber. The Istanbul based yellow taxi union is saying the ride-hailing app Uber is eating their business without having a proper legal basis for work. The Turkey government agreed on new rules that are […]
This is Why SoftBank is Reluctant to Sell its 22 % Flipkart Stake
Post mega Flipkart-Walmart Acquisition, the e-commerce world has been buzzing with speculations all around as to how the mammoth deal will shape the coming scenario. Now, there is a new dimension that has come into play regarding SoftBank unwilling to sell its stakes to Flipkart. If SoftBank was to sell its 22.3% stake in Flipkart […]
Elon Musk Set to Receive over $2.6 Bn Pay Package From Tesla
Shareholders of Tesla Inc, the electric car and solar panel maker have agreed to deliver an incredible pay package to famous CEO Elon Musk worth $50 billion if he makes the company reach their targets over the next 10 years, stated a person participating in the vote which took place in California, where Tesla’s headquarters […]
SoftBank Funding May Prompt Uber To Review Game Plan In Southeast Asia
SoftBank Group’s multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across Asia, industry sources say. Uber Technologies Inc said on Nov. 12 that a planned deal with a consortium led by SoftBank and […]