Pollution has the effect of decreasing labor productivity and reducing customer footfall. According to a study by consulting firm Dalberg Advisors in collaboration with Clean Air Fund and the CII, it causes premature death, decreases asset productivity, and raises health costs and welfare losses. According to a study by consulting firm Dalberg Advisors in collaboration […]
Category Archives: Business
On Wednesday, a group of US senators asked Apple Inc. and Alphabet Inc.’s Google about their smartphone app stores’ supremacy and whether the firms misuse their influence at the detriment of smaller rivals. Apple and Google will use their authority to “exclude or suppress applications that interfere with their own devices” and “bid unfair fees […]
Upstox which was initially started in 2009 by the founding members- Ravi Kumar, Kavitha Subramanian and Shrini Viswanath witnessed significant growth in the previous few years. There has been a robust increase in the number of clients in the last two to three years. This increase might be because of the migration of millennials to […]
Bitcoin has topped $63,000, up from $29,000 at the beginning of the year, and Coinbase recently announced that first-quarter sales will be about $1.8 billion, exceeding the company’s overall revenue for the entire year of 2020. The Nasdaq ticker for Coinbase is ‘COIN.’ As the digital currency exchange makes its much-anticipated debut on Wall Street, […]
Even though the Federal Reserve is likely still a few years away from establishing its own, Wall Street is warming up to the possibility that central bank digital currencies are the next major disruptive force on the horizon. Digital money is gaining traction as the future of an increasingly cashless world, with countries as big […]
Broadband India Forum (BIF) of the industrial sector approached the telecoms service and the finance ministry, seeking a reversal of the increase in import duties on components and PCBAs, that had recently been implemented in the budget. The BIF has written to the Government urging that these tasks to be withdrawn and urged that the duty exemption […]
Druva Inc., the pioneer in Cloud Data Protection and Management, reported a $147 million investment today, as the company scales to meet increased demand for its platform. The fundraise was led by Caisse de dépôt et placement du Québec (CDPQ), a multinational investment firm, with Neuberger Berman, making a major investment. Both companies control over […]
EVs are a rare occurrence in India where over 300 million cars, mostly scooters, and motor-powered rickshaws jam roads. Now, the country is making an ambitious push for what it calls electric mobility, to reduce smog (air pollution that reduces visibility). But even for these relatively simple vehicles, the effort is plagued by technological and logistic […]
On Monday, the Reserve Bank of India (RBI) formed a committee to assess the position of asset reconstruction companies (ARCs) in stressed debt resolution, and to study their business model. The panel is expected to submit its report three months after its initial meeting. The six-member panel is led by former RBI executive director Sudarshan […]
E-commerce companies will have to deal with the twin challenges of delivering on time with an increasing number of orders from customers and keeping their employees safe in the coming weeks, as the number of COVID cases nationwide continues to rise, according to industry executives. Various state governments have announced weekend curfews and lockdowns to […]