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Archives for 2020
Swedish airline BRA files for court reorganisation as pandemic hits
STOCKHOLM (Reuters) – Sweden-based airline BRA said on Monday it had applied for court-administered reorganisation as it sought to avoid bankruptcy after the rapidly spreading new coronavirus caused a collapse in demand. The small privately held airline had said only days ago it was temporarily discontinuing all traffic between April 6 and May 31 due […]
Swiggy raises $43 million to expand its new businesses
Illustration: Rahul Awasthi Online food delivery platform Swiggy has raised an additional $43 million as part of its ongoing Series I round to further develop and expand its new businesses. Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets participated in the latest funding round. This comes roughly 45 days after the […]
ETtech Top 5: How Grofers is coping with Covid-19 lockdown; state of online sellers & more
How Grofers is coping with lockdownIn the first story of this new series, ET’s Samidha Sharma spoke to Albinder Dhindsa, chief executive officer of Grofers, on what it means to a steer an essential service at such a critical time. Why it matters: Online grocery retailing is one sector that has witnessed a massive demand […]
Treasury yields rise as Wall Street seeks a recovery
U.S. government debt prices were lower Monday morning as Wall Street looks set to attempt a rebound following another decline last week. At around 2:10 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at 0.6305% while the yield on the 30-year Treasury bond rose to 1.2511%. Investors […]
Summer internships go virtual in lockdown
It’s that time of the year when internships happen for students. But the Covid-19 lockdown is forcing companies to look at virtual internships this time. Brewing company AB InBev has 40 B-school students working on virtual internships at its global captive centre and business units to keep it going. “The format of the summer internship […]
Lifestyle brands seek to make WFH fashionable
Work from home (WFH) has seen couches, kitchen counters and even bedrooms turn into office space with India in the middle of a 21-day lockdown. Top fashion and lifestyle retailers are turning adversity into opportunity—WFH wear is a new category on their websites, catering to those who want to amp up the oomph during interminable […]
Players Expected to Witness Maximum Growth | Online Solution Accounting Software Market – https://sciencein.me/
“ Regal Intelligence has added a new research report titled, ‘Online Solution Accounting Software Market Professional Survey Report 2020’ to its vast collection of research reports. The Online Solution Accounting Software market is expected to grow positively for the next five years 2020-2026. Global Online Solution Accounting Software market report studies past factors that helped […]
IIT-IIM contingency plans amid Covid-19 challenge: Shortening last semesters, interactive online courses
Amid the closure of campuses around the country, top educational institutes are preparing contingency plans in the wake of the Covid-19 challenge. They are mulling various options,including shortening last semesters to interactive online courses and modules, to prevent the spilling over of academic works to the next year. The Union HRD ministry and the University […]
Retailers, online grocers restrict purchases; put cap on quantity to prevent hoarding
Representative Image Retailers – large chains, e-grocers and kiranas – are restricting the quantity of products their consumers can purchase at one go amid low supplies and indications that hoarding of essentials is on the rise on fears that the lockdown may be extended or lifted with restrictions. Spencer’s Retail, EasyDay, Nature’s Basket, Grofers, Reliance […]