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COVID-19 Impact | Almost 60% startups and MSMEs on verge of closure, sell off, says survey – Moneycontrol

by abhinav | May 27, 2021 | News

As much as 59 percent of startups and MSMEs are likely to downsize, shut shop or sell business in this year Read More

reported by at Moneycontrol

[Funding alert] Fintech startup Kodo raises $8.75M from Brex, Y-Combinator, others – YourStory

by abhinav | May 27, 2021 | News

Fintech startup Kodo will use the funds raised to strengthen and expand its team across engineering, product, sales, credit and operations. Read More

reported by Sujata Sangwan at YourStory

RBI Annual Report: Is The Bubble In Stock Markets Rational? – BloombergQuint

by abhinav | May 27, 2021 | News

Second wave’s macroeconomic costs of can be limited to Q1FY21 with possible spillovers into July, in the most optimistic scenario. Read More

reported by Pallavi Nahata at BloombergQuint

Amid Pfizer Talks, Centre Reiterates Policy Change For Foreign Vaccines – NDTV

by abhinav | May 27, 2021 | News

The government stressed that it has scrapped local trials for “well-established” foreign vaccines to fast-track imports, soon after Pfizer said it is ready to offer five crore doses this year but sought relaxations including indemnity from liability. Read More

reported by at NDTV News

Wockhardt share tanks 16% after a loss of Rs 93 crore in Q4 – Moneycontrol.com

by abhinav | May 27, 2021 | News

Wockhardt reported a consolidated net loss of Rs 92.8 crore in the March 2021 quarter against a profit of Rs 48.3 crore in the year-ago quarter, dented by the weak US and India businesses. Read More

reported by at Moneycontrol

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