Tag: ola

‘Banks taking conservative approach to crypto is hurting industry’

NEW DELHI : A think-tank for startups, IndiaTech.org, has come out with a five-point policy recommendation for regulating cryptocurrencies in India, including defining cryptocurrencies as...

labour: Budget 2021: FM races to fix flaws in labour model

Thanks to the pandemic, the Union Budget 2021-22 not only recognized the vulnerabilities typical of the country’s migrant, gig and platform workers—but has also offered...

Karnataka taxi unions oppose state-wide night curfew, say the move will dent segment further

BENGALURU: Taxi unions in Karnataka have strongly opposed the night curfew, arguing that the clampdown is arbitrary and will severely hurt the already ailing cab...

Retail spending goes up 12 percent in September, driven by strong revival in rural India

MUMBAI: India’s September retail spending rose 12% from August with revival strongest in rural areas, according to data collated by CMS Info Systems, which handles...

China central bank slowly buying stakes in Indian companies

MUMBAI: In mid-April, stock exchange disclosures revealed that the People’s Bank of China (PBoC) had a holding of over 1% in Indian mortgage finance major...

OYO: Flood of pink slips coming, warn startups

BENGALURU: Technology startups are likely to cut hundreds of jobs over the next 6-8 months, as demand stutters amid tight funding, top venture capitalists and...