We’re all participating in a major event at the moment. Indulge me, as I liken it to competing in the Olympics… The planning… Usually the Olympics takes years to plan and pull together successfully. This event has been pulled together in a matter of weeks. With information changing nearly on a daily basis. […]
Archives for April 2020
Walmart’s streaming service Vudu to be bought by Comcast-owned Fandango
(Representative Image) Walmart‘s video-on-demand service, Vudu, said on Monday it would be acquired by Fandango Media, a movie ticketing service owned by cable company Comcast. The terms or value of the deal were not disclosed. Walmart bought Vudu over a decade ago, but the service, which allows customers to either buy or rent movies and […]
WeWork directors defend right to represent shareholders against SoftBank
A special committee of WeWork board members on Monday rejected an assertion by SoftBank Group that it does not have authority to represent the interests of minority shareholders of the office-sharing startup. The back-and-forth presages what could become a long and messy legal dispute between SoftBank and the WeWork special committee, which is contesting SoftBank’s […]
WeWork directors defend right to represent shareholders against SoftBank
A special committee of WeWork board members on Monday rejected an assertion by SoftBank Group that it does not have authority to represent the interests of minority shareholders of the office-sharing startup. The back-and-forth presages what could become a long and messy legal dispute between SoftBank and the WeWork special committee, which is contesting SoftBank’s […]
Paytm cuts losses 20% as digital payments fall
Paytm has started curbing expenditure amid the pandemic to extend its runway. The e-payments major — India’s most valued startup at $16 billion — has been cutting costs at a rate of 15-20% in the last two months, founder and CEO Vijay Shekhar Sharma told TOI in an exclusive interview earlier this month. The development […]
Paytm cuts losses 20% as digital payments fall
Paytm has started curbing expenditure amid the pandemic to extend its runway. The e-payments major — India’s most valued startup at $16 billion — has been cutting costs at a rate of 15-20% in the last two months, founder and CEO Vijay Shekhar Sharma told TOI in an exclusive interview earlier this month. The development […]
In Covid-19 times, it’s tougher to live on credit
Living on credit through a period of salary cut or job loss is going to be tough because at least a few banks are proactively and sharply reducing credit card and personal loan limits for certain classes of customers. Also affected will be small and medium businesses as loan ceilings to them are also getting […]
In Covid-19 times, it’s tougher to live on credit
Living on credit through a period of salary cut or job loss is going to be tough because at least a few banks are proactively and sharply reducing credit card and personal loan limits for certain classes of customers. Also affected will be small and medium businesses as loan ceilings to them are also getting […]
E-tailers asked to draw up limited list of essentials they want to supply
Illustration: Rahul Awasthi The Department for Promotion of Industry and Internal Trade (DPIIT) has asked ecommerce companies to draw up a limited list of products that they consider essential to deliver as many people work from home. This will include staples and pharmaceuticals already included in the list. E-commerce companies are keen to deliver work-from-home […]
E-tailers asked to draw up limited list of essentials they want to supply
Illustration: Rahul Awasthi The Department for Promotion of Industry and Internal Trade (DPIIT) has asked ecommerce companies to draw up a limited list of products that they consider essential to deliver as many people work from home. This will include staples and pharmaceuticals already included in the list. E-commerce companies are keen to deliver work-from-home […]