Swiggy said it has expanded its grocery and household essential services to over 125 cities after collaborating with fast moving consumer goods brands including HUL, Procter & Gamble, Godrej, Dabur, Marico, Adani Wilmar and brick-and-mortar retailer Vishal Mega Mart. The online food ordering app, which has partnered with supermarket chains, local retailers and drugmaker Cipla, […]
Archives for April 2020
Four steps to hiring the best CISO in an IoT world
Of all the new technology processes shaping the next wave of digital transformation, perhaps none is more prominent than the Internet of Things (IoT). As Phil Celestini, senior vice president and chief security and risk officer at Syniverse reports, this technology is spawning a new ecosystem of interconnected networks and data transactions that is rapidly expanding and redefining […]
Treasury yields edge higher as investors monitor coronavirus, oil production cuts
U.S. government debt prices were slightly lower Monday morning as investors monitored the coronavirus and an agreement between OPEC and its allies for record oil production cuts. At around 1:55 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was up slightly at 0.7331%, while the yield on the 30-year […]
Virus-hit Oyo puts Masayoshi Son’s $2 billion guarantee at risk
By Saritha Rai, Pavel Alpeyev and Takahiko Hyuga Just nine months ago, Masayoshi Son publicly declared Ritesh Agarwal one of the star entrepreneurs backed by his SoftBank Group. The Japanese billionaire boasted that Agarwal’s Oyo Hotels & Homes was poised to overtake the biggest hotel chains in the world just a few years after its […]
PE & VC deal-making set for further dip in June quarter
Private equity (PE) and venture capital (VC) investments, which were already down 20-40% during the March quarter, are expected to come to a grinding halt in the June quarter as many investors put deals on hold as they see the impact of Covid-19 on the economy, stock markets and specific sectors as well. Several deals […]
With govt’s new portal on the way, all HCQ info may just be a click away
The government is set to launch a portal that will guide users of hydroxychloroquine — one of the drugs being tried for treating Covid-19 patients — to the nearest pharmacy that has it in stock, people in the know told ET. The move will likely ease the worries of thousands of Indians who have been […]
Do you need help with payroll?
Those of you who have more than a couple of employees and run your own payroll will probably be finding the current situation a bit of a minefield. Not only are we starting a new tax year this month with its changes in National Insurance contributions, changes to student loan thresholds, a change to they […]
Banks stare at defaults as cabbies go home
Illustration: Rahul Awasthi The exodus of cab drivers from Indian metropolises in the wake of the Covid-19 pandemic will trigger a massive default in vehicle loans, according to industry executives who have sought concessions from lenders so as to stave off large-scale writeoffs. With nearly 60% of drivers engaged by app-based ride-hailing companies being migrants, […]
Fifth-Largest US Accounting Firm Partners With Crypto Tax Tech Company – Cointelegraph
Blockchain-native software and tax services company, Lukka, has been chosen to provide crypto taxation software to the fifth-largest accounting firm in the United States, RSM. Cointelegraph spoke to Lukka CCO Jeremy Drane, and RSM senior manager of international tax and blockchain/cryptocurrency, Jamison Sites, to find out more about the partnership between the two firms. Lukka […]
Throwback to the Volcker Recession
Fast Times at Ridgemont High was not just a movie about sex, it was really about the economy. The bigger story of the film was about teens trying to get and maintain employment while somehow surviving their suburban California high school experience. The whole plot revolves around after school jobs. Judge Reinhold has to dress […]