S Korean firm makes Covid test kits in India

A South Korean firm has started production of the COVID-19 rapid antibody testing kits in its Indian subsidiary plant to meet the growing demand of the medical equipment in India…

Paytm cuts losses 20% as e-pays fall

Paytm has started curbing expenditure amid the pandemic to extend its runway. The e-payments major — India’s most valued startup at $16 billion — has been cutting costs at a…

Lockdown: How RBI can help revive economy

The Reserve Bank of India has a number of policy options to draw upon to cushion the economic blow from the coronavirus pandemic. With a limited fiscal response so far,…

Lockdown sends grey-market booze prices soaring

Alcohol prices in India’s grey market have more than quadrupled and online searches for how to make homemade alcohol have soared during India’s nationwide coronavirus lockdown, with bars and liquor…

Kirana supplying B2B companies see orders rise 60%

India’s business-to-business commerce startups like Udaan, Jumbotail, WayCool and Ninjacart — which supply groceries and vegetables to tens of thousands of kiranas — are seeing a 40 to 60% spike…

Industry readies plans for life after lockdown

A leading consumer durables company has begun sanitising its plant in north India for a possible opening-up after three weeks of lockdown due to the coronavirus pandemic. It is already…