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Rashi Bisaria
New Delhi, October 21, 2020
COVID-19 impact: Private hospitals' operating profit to decline 35-40% in FY21Private hospitals in India are in a tight spot. A triple whammy of postponement in elective surgeries, revenue loss from highly profitable medical tourism segment, and increasing costs will lead to 35-40 per cent drop in operating profits of private hospitals this fiscal, reveals a CRISIL report. The rating agency has also downgraded credit outlook of private hospitals to moderately negative amidst cash flow challe...


Reuters
October 21, 2020
The development comes less than three weeks after the world's largest online retailer said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year


Sonal Khetarpal
October 21, 2020
Festive season sale: There is an increase in purchase of storage solutions and serveware followed by home linen such as bed sheets, bed covers, bath linen, comforters, cushion covers


Rukmini Rao
October 20, 2020
The first tranche of the festive sale on e-commerce platforms has been led by small towns with both Amazon and Flipakrt having over 60 per cent sellers from tier-2 and beyond


Reuters
October 20, 2020
The company bet it could do a better job of bridging online and offline data for its advertisers and give itself a shot at developing an ad platform that could take on Amazon.com Inc


BusinessToday.In
October 20, 2020
iPhone 12 smartphones are so costly in India that it can cover travel expenses to UAE. Even after considering travel cost of a short trip, your total expense of buying an iPhone 12 series smartphone there will be same as that of purchasing an iPhone 12 in India


Reuters
October 19, 2020
Online wallet was accessible via an app, without need for an existing bank account, with payments accepted via smartphone scans in downtown outlets in China's fourth-biggest city, from luxury goods retailers to snack stores


PTI
October 19, 2020
The senior BJP leader said the department should work on the principles of 'swadeshi' and 'swavalamban' (self-reliance) and guide the economy


BusinessToday.In
October 19, 2020
Tata Group is aiming to up the ante in India's digital space and take on rivals such as Reliance Jio, Amazon and Flipkart by rolling out SuperApp; onboarding of Tata Teleservices for providing technical solutions to SuperApp is also expected to revive the telco arm's business


Reuters
October 16, 2020
Shein has become the largest, purely online, fashion company in the world measured by sales of self-branded products, according to Euromonitor


BusinessToday.In
October 12, 2020
Coronavirus vaccine: There are four US-based companies whose vaccine candidates have moved into the crucial phase-3 development phase. This includes--Pfizer, Moderna, Johnson & Johnson, and Novavax


BusinessToday.In
October 12, 2020
Making a case for another white revolution, the SBI Ecowrap report states that India is no more just a cereal granary and states are producing diversified crops and it is time that we go for white revolution


PTI
October 11, 2020
Multiplex chains including PVR, Inox, Cinepolis and Mukta A2 Cinemas are all set to re-open their cinema halls from October 15 with half of their seating capacity


BusinessToday.In
October 9, 2020
Tata Consultancy Services (TCS) on Thursday surpassed Accenture to become the world's most-valuable information technology (IT) firm for the first time


PTI
October 8, 2020
Titan holds a 49 percent equity stake in the joint venture (JV) -Montblanc India Retail Private Limited


Chitranjan Kumar
October 7, 2020
According to a report by Bernstein, key segments like e-commerce, financial technology and education technology have grabbed investors' interest due to structural shift in consumer behaviour in wake of coronavirus pandemic


BusinessToday.In
October 7, 2020
CCI had expressed concerns over Jio Platforms subsidiary Jio Infocomm's cloud and Facebook's dominance in online ad space. It said data processed by both companies was complementary to each other


BusinessToday.In
October 7, 2020
India Stock Market Highlights Today: Titan, ONGC, Bajaj Auto, Maruti, Reliance Industries, HUL and UltraTech Cement were among the top gainers. On the other hand, Bajaj Finance, followed by Bajaj Finserv, IndusInd Bank, ICICI Bank, Kotak Bank and Axis Bank were among the top losers today


Nidhi Singal
October 6, 2020
Dr Arvind Krishna, CEO, IBM, says India can lead the AI technology revolution since it has the world's largest community of developers, a large startup ecosystem, and a strong scientific and engineering culture


BusinessToday.In
October 5, 2020
The allotment for the shares is expected to be known by October 7/ October 8. Those who had bid for the issue can check the subscription status on the online portal of KFin Technologies, the registrar to the issue


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