How much, how wide, and how far should the Indian Government go with fiscal stimulus package in its bid to revive the economy after more than 40 days of halt. We ponder.
This article examines whether the Indian SME sector would survive the disruption caused by the Covid 19 lockdown. Already struggling, Indian SMEs are faced with a Perfect Storm of converging trends. The government needs to step in to save the sector. SMEs too should learn to be resilient now.
Facebook announced that it has picked up a minority stake in India’s Telecom Behemoth, Reliance’s Jio platforms. The Facebook investment in Jio is valued at Rs. 43, 574 Crore for a 9.99 % stake, making the overall valuation of Jio Platforms at Rs. 4.62 Lakh Crore.