In the minds of some Wall Street investors, Moderna Inc. and Novavax Inc. shares have run their course and are prime candidates for bets that they will fall this year, in a JPMorgan Chase & Co. survey of 80 hedge fund and specialist investors searching for biotech stocks, to short in 2021, the two vaccine […]
Category Archives: Business
The king of the SUV is the Creta, but the SUV is fairly sought after by other cabins. The most recent rival of Safari is the MG Hector Plus, whereas it is the MG Hector for the Harrier. This competition is based on the size and presence of SUVs. The March 2021 sales data are […]
LG Electronics Inc. of South Korea announced plans to wind down its loss-making mobile division, making it the first big Smartphone brand to exit the market entirely. The decision to exit means that its 10% market share in North America, where it is the third most popular brand, will be devoured by Smartphone behemoths Apple […]
The Indian government has amended the Insolvency and Bankruptcy Code (IBC) through an Ordinance to provide for a so-called pre-pack resolution scheme for micro, small, and medium enterprises, amid growing perceptions that India’s three-year-old insolvency resolution system has been less than effective in saving businesses and assisting lenders in recovering their assets (MSMEs). Following global […]
The US Department of Labour has sought public comment in the next 60 days on determining the employment rates for various immigrant and non-immigrant workers, including those on H-1B visas, the most sought-after work visa among Indian professionals. The H-1B visa is a non-immigrant visa that allows the US companies to hire foreign workers for […]
Byju’s, the Indian edutech behemoth with a userbase of over 80 million students, revealed on Monday, that it had concluded a strategic merger with brick-and-mortar educational institution chain Aakash Educational Services. The deal would allow the Bengaluru-based business to incorporate Aakash’s test-prep experience to its content and technology capabilities, enabling it to further improve its […]
Google is shutting down its dedicated Google Wi-Fi app for managing its routers and moving that functionality over to the Google Home app, in order to help users, control and manage all their connected products at one place. Google has been working on this change since 2019, when it launched the Nest Wi-Fi routers, which […]
Bernard Tapie, a former French minister and scandal-plagued tycoon who once owned Adidas, was assaulted along with his wife during a midnight break-in at their house, according to the investigators. Four men broke into the couple’s home in Combs-la-Ville, near Paris, around 00:30 AM Sunday (2230 GMT Saturday), beat them up, and bound them up […]
If you are bitten, you are twice prepared for hyper. Consumer goods companies say they have put their teams in the hyperalert to ensure uninterrupted operation of procurement, distribution, and manufacturing – all to reduce unexpected and sudden disruptions as states opt for closure and curfews during the second covid wave. “We have put our […]
According to some sources, Tata Sons Ltd, the front-runner is to buy state-run Air India Ltd, and the government is close to finalising the purchase terms, having narrowed their differences on the three major sticking points of pension liabilities, real estate assets, and debt. Final talks between the two parties are underway, and the Tata […]