Search Results for: Adjusted Gross Revenue

Why did PM Modi observe a 6-day gap to announce the lockdown exit strategy on April 20?

Taking the first step towards resuming economic activity back in the country, PM Modi hinted at easing restrictions in areas where Covid-19 cases are not reported.

Apr 16, 2020

With $10 billion cash in hand, cab aggregator seek crowdfunding for drivers

Due to the global pandemic of COVID-19, it has estimated a $1.35 billion loss EBITDA in the middle of the range for 2020.

Apr 15, 2020

Coronavirus impact: Global economy on track, could shrink by 3% in 2020, says IMF

The IMF, in its 2020 World Economic Outlook, predicted a partial rebound in 2021, with the world economy growing at a 5.8 per cent rate, but said its forecasts were marked by "extreme uncertainty" and that outcomes could be far worse, depending on the course of the pandemic.

Apr 15, 2020

BBMP launches 'Sahaaya Setuve' app to avoid coronavirus relief duplication

Bruhat Bengaluru Mahanagara Palike (BBMP) has launched 'Sahaaya Setuve' mobile app to bridge gaps and avoid duplication of efforts by NGO's, BBMP & volunteers while serving the needy.

Apr 14, 2020

Coronavirus: 74 lakh bank accounts of poor families to be credited with Rs 1,500 in Telangana

State cabinet minister KT Rama Rao said the government transferred Rs 1,112 crores to banks for this programme towards the financial assistance to poor families during coronavirus induced lockdown.

Apr 14, 2020

Baisakhi 2020: Punjab CM urges people to offer prayers at home amid lockdown

In a message, the Chief Minister Amarinder Singh said this was a different Baisakhi in view of the coronavirus pandemic because of which people could not go out to celebrate the festival with traditional fervour in large congregations.

Apr 12, 2020

MCA clarifies: Why donate to the PM-CARES fund over State and CM Relief funds for Covid-19?

The Ministry of Corporate Affairs has offered clarification on donations made for Covid-19. The PM Cares fund qualifies as a CSR expenditure under item (viii) Schedule VII of the Companies Act, 2013, while other state and CM relief funds are not admissible as a CSR expenditure.

Apr 11, 2020

Twitter Goes Public On The New York Stock Exchange

Twitter users no longer have a say in sharing data with advertisers

Twitter's move to boost ad revenue comes as a means to continue operating as a free service.

Apr 9, 2020

How much money do we actually need to survive the coronavirus pandemic?

ASSOCHAM stated that a stimulus package is needed in order to fight the impact created by coronavirus.

Apr 9, 2020

From Sarrainodu to AVPL: Allu Arjun fans in north should not miss these 5 dubbed films

Allu Arjun is one of the most popular Telugu actors in the north India and huge response for the Hindi dubbed versions of Sarrainodu, DJ aka Duvvada Jagannadham, Race Gurram (The Racer) and Ala Vaikunthapurramuloo (AVPL) is proof to it.

Apr 8, 2020

As the country completes 10 days of lockdown, India Inc still awaits fiscal package

As the government plays the wait and watch game, there is a brewing sense of frustration among India Inc.

Apr 5, 2020

Questioning accuracy of India's GDP growth rate projections: Should you believe the numbers?

Bringing to your notice, the government has reduced the base to show higher GDP growth rate under the Modi government leadership in the recent past. As recently, KPMG also released a Covid-19 impact report on the Indian economy taking into account, perhaps the inaccurate numbers released by MOSPI through time as the base. We question the GDP calculation methodologies established and fundamentals in place, to understand if the growth numbers projected are accurate or not.

Apr 4, 2020

Ministry of Civil Aviation Secretary Pradeep Singh Kharola

Post lockdown, Indian aviation sector to take a phased approach of opening up travel gates

Post the nationwide lockdown is lifted on April 14, the top 10 airports of India will be made operational first and the International travel will open up last.

Apr 3, 2020

Explained: Coronavirus impact on auto, aviation, tourism and other industries in India

The growth in most sectors, including aviation, tourism, automobile and several others has seen a downward trend. The Moody's has changed the outlook of Indian banks to negative from stable and India Ratings has cut the country's GDP forecast to 3.6 per cent from 5.5 per cent for FY21.

Apr 2, 2020

Nizamuddin Markaz chief Maulana Saad, 6 others booked: Full text of FIR

An FIR against Maulana Saad of Nizamuddin Markaz alleges that the management of Markaz of Basti didn't adhere to orders and warnings on social distancing to arrest the spread of the novel coronavirus.