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Struck by another Covid outbreak, China’s Industrial profits dip: Report

Struck by another Covid outbreak, China’s Industrial profits dip: Report

by Green Earth Spaces | Nov 27, 2022 | Realty

[ad_1] Bloomberg | | Posted by Singh Rahul Sunilkumar Profits at industrial firms in China continued to decline in the first 10 months of the year, weighed down by Covid restrictions and falling factory-gate prices.Industrial profits in the January-to-October period...
L&T Finance Holdings completes divestment of its mutual fund business

L&T Finance Holdings completes divestment of its mutual fund business

by Green Earth Spaces | Nov 26, 2022 | Realty

[ad_1] L&T Finance Holdings Limited, one of India’s leading non-banking financial companies, today announced the conclusion of the sale of its mutual fund business to HSBC Asset Management (India) Private Limited. It has (i) received approx. INR 3,484 crores...
Over 50% of microbusinesses had no mechanisms to cushion Covid impact: Study

Over 50% of microbusinesses had no mechanisms to cushion Covid impact: Study

by Green Earth Spaces | Nov 26, 2022 | Realty

[ad_1] A study on the impact of Covid-19 on microbusinesses in India has found that nearly 40 per cent of them were denied loans (both formal/informal) as they did not have sufficient collateral or lacked positive credit history. According to non-profit organisation...
Amazon to shut down food-delivery business in India: Report

Amazon to shut down food-delivery business in India: Report

by Green Earth Spaces | Nov 25, 2022 | Realty

[ad_1] Amazon Inc will shut down a food-delivery business it was testing in India, the e-commerce giant said on Friday, a day after it announced the winding down of its online learning platform for high-school students in the country.Amazon Food, a business the...
Twitter job cuts a concern as new EU rules kick in, EU justice head says

Twitter job cuts a concern as new EU rules kick in, EU justice head says

by Green Earth Spaces | Nov 25, 2022 | Realty

[ad_1] Twitter’s decision to shut down its Brussels office and the laying off of thousands of employees are drawing concerns on whether the company can comply with new tough European Union rules against illegal online content, EU justice chief Didier Reynders...
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