Business

AP Explains: India lockdown slows virus, but gaps remain

By ANIRUDDHA GHOSAL and EMILY SCHMALL – Associated Press – Monday, May 4, 2020 NEW DELHI (AP) – ’s six-week coronavirus lockdown, which was supposed to end Monday, has been extended for another two weeks, although some construction has been allowed to resume and self-employed people have been given permission to return to work in […]

Trump wants to switch focus, push for economic reopening

By DARLENE SUPERVILLE and JONATHAN LEMIRE – Associated Press – Monday, May 4, 2020 WASHINGTON (AP) – Pushing to reopen the economy, President insists that states can gradually lift lockdowns and still protect people from the coronavirus pandemic, even as he’s also suggesting U.S. deaths could reach 100,000. The president, fielding questions from Americans Sunday […]

Reliance Jio’s valuation jumps more than half a billion dollars in just 12 days, thanks to Silver Lake

Silve Lake bought 1.15% stake in Reliance Jio for $750 millionBI India Private equity firm Silver Lake has bought 1.15% stake in Mukesh Ambani‘s Reliance Jio for $750 million. At this valuation, the deal is worth 52% of parent company Reliance Industries’ total market capitalization. It’s also 23% more than what Facebook paid for its […]


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