This one, termed #ZoomGloom #WebinarComa and #DeathByWebinar on social media, is causing fatigue, discomfort in the eye and neck, and a general sense of irritability. It is the result of taking part in unending video conferences. Over the last three months, as Corporate India went into a lockdown and slowly unlocked in bits and pieces, … Read more
Societe Generale’s Albert Edwards says tech stocks face a downfall similar to the dot-com bust he forewarned about in the late 1990s. While acknowledging their market leadership so far during this pandemic, he warns that their prices are rising at an unsustainable pace relative to profit growth. He likened the appeal of tech stocks today to … Read more
4th note in the series… the last one for calendar year 2019 !
With three Indian co-founders, cloud-computing firm Nutanix, which opened to a blockbuster initial public offering on Nasdaq three years ago, is looking to bet big on government clients in India, said a senior executive. Nutanix is the leader in the hyperconverged infrastructure (HCI) business, and sees significant opportunity in “state and Centre and defence” areas … Read more
As per reports, Logistics behemoth Rivigo is raising a round of ₹141.97 crore ($20 million) from existing investors SAIF Partners and Spring Canter Investment Ltd. The current round seems to be at the same valuation as the previous one. The company was valued at $1.1 billion in September. Rivigo was founded in 2014 and besides … Read more
LOS ANGELES : The Schall Law Firm, a shareholder rights litigation firm based in Los Angeles has announced the filing of a class action lawsuit against Infosys Limited. According to the complaint, Infosys made false and misleading statements to the market and used improper recognition of revenue to boost short-term profits. This comes months after … Read more
Car sales down, consumers muted, banks struggling, public spending increasing, IT and pharma facing global headwinds. Choice gets more confusing than ever !