“The pandemic and consequent lockdown have led to a significant drop in the number of office-goers, changes in the restaurants' supply and customer preferences shifting towards prioritising for essential supplies as they stay indoors,” a Swiggy spokesperson told Moneycontrol. … [Read more...] about Exclusive | Swiggy suspends meal-for-one offering POP as virus hurts business
Gas business prices
"According to executives, Sikka's product mindset did not work for the company and eventually led to his departure. Then came Parekh’s appointment at a time the company was looking for an executive who would bring in stability," said Pareekh Jain, founder, Pareekh Consulting. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
Kapoor was reluctant to heed their request saying that Shagun didn’t have the necessary board experience. This tug of war continued for several years. Finally, in April 2019, the two promoters — the Kapurs and Kapoor — buried the hatchet and appointed Shagun on the board of Yes Bank. In March this year, Madhu Kapur sold 2.5 crores in the bank for Rs161 crore at Rs 65 apiece. Kapur couldn’t have sold more than 25 percent of her holding as the RBI’s three-year lock-in for investors kicked in. … [Read more...] about End of an era as Kapurs step down as Yes Bank promoters
A new design could make N95 masks safely reusable. In a new study, engineers from King Abdullah University of Science and Technology in Saudi Arabia created a new membrane that can be added to the front of an N95 mask and then replaced while the rest of the mask is used repeatedly. (The engineers don’t specify how the membrane is attached.) The filter, which can be made either from polymer or paper, is covered with nano-size holes that also make the mask more effective. … [Read more...] about This filter for the front of an N95 mask could make it reusable
Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac Sundaram Finance posts Rs 131 crore net profit for March quarter Coronavirus wrap May 29: Jharkhand airlifts migrant workers from Leh; India's COVID-19 death toll surpasses that of China … [Read more...] about GOQii brand ambassador Akshay Kumar distributes 1,000 wrist bands to Mumbai Police