Abu Dhabi Announces 20% Refund On Annual Lease For Restaurants:

Abu Dhabi Announces 20% Refund On Annual Lease For Restaurants: State Media Eligible businesses will have to apply online for the refund, which is calculated against fixed rental costs, state news agency reported. WorldReutersUpdated: May 11, 2020 03:06 pm IST Abu Dhabi: Abu Dhabi has announced a 20% refund on annual commercial property leases for restaurants […]

Sensex, Nifty surge as lockdowns ease; Reliance, automakers gain

Sensex, Nifty surge as lockdowns ease; Reliance, automakers gain Sachin Ravikumar BENGALURU (Reuters) – Indian shares bounced on Monday, tracking a surge in Asian peers, as phased easing of coronavirus lockdowns at home and elsewhere spurred hopes of an economic recovery. A bird flies past the Bombay Stock Exchange (BSE) building in Mumbai, India, January […]

Indian start-ups get creative as coronavirus crisis fuels funding crunch

Indian start-ups get creative as coronavirus crisis fuels funding crunch Nivedita Bhattacharjee, Sachin Ravikumar 5 MIN READ BENGALURU (Reuters) – Samik Sarkar was managing to eke a profit out of his online apparel store before the coronavirus crisis hit India, forcing the 36-year old to reinvent his business overnight. An employee wearing a protective mask and […]

Nine in 10 urban Indians consider banking as most essential

Nine in 10 urban Indians consider banking as most essential service during lockdown: Survey   Mumbai: Majority of urban Indians consider banking and online home repairs as important essential service during the lockdown, even as nearly three-quarter of respondents said they are satisfied with the available essential services, says a survey. According to a survey by market […]

Tesla China sold 3,635 Model 3 vehicles in April, down

BEIJING: US electric vehicle maker Tesla Inc sold 3,635 Shanghai-made Model 3 vehicles in China in April, down 64% from March, according to the China Passenger Car Association (CPCA).Tesla’s sales in the first month of each quarter are usually lower than the remaining two months. The industry body said during an online briefing that Tesla produced over 10,000 units […]