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Rebuilding Trust is theme for Davos annual event

New Delhi, Jan 14 (IANS) World Economic Forum Annual Meeting will convene under the theme 'Rebuilding Trust' to provide the crucial space to step back and focus on the fundamental principles driving trust, including transparency,…

Post IT results, markets get a booster dose

New Delhi, Jan 14 (IANS) The week went by was on predictable lines and we saw markets react to the set of IT results declared on Thursday in a manner which only markets can.While the net reaction was way above expectations, it was the cause…

Rapido posts Rs 675 cr in losses in FY23, revenue up 3X

New Delhi, Jan 14 (IANS) Bike-taxi startup Rapido saw its losses surge nearly 54 per cent in the last fiscal year (FY23) to Rs 675 crore, from Rs 439 crore in FY22.An increase in riders’ cost, IT and employee benefits were behind Rapido’s…