Business

How Zomato managed to survive the carnage in the foodtech sector

Last May, HSBC Securities and Capital Markets (India) slashed Zomato’s valuation by half — to $500 million. A billion-dollar valuation didn’t make much sense to the analysts as the restaurant search, discovery and food delivery service’s overseas operations were deep in the red: for fiscal year 2015-16, Zomato had a net loss of Rs 590… Continue reading How Zomato managed to survive the carnage in the foodtech sector

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Gambit pays off: specialist doctors bid for rural service

 The government’s attempt to get specialist doctors to name their price to work in the villages is yielding good results. The Health department has received 5,262 applications for 1,212 rural vacancies.Its recent drive, asking doctors to quote their remuneration, was intended to attract specialists to work at district and taluk hospitals as well as community… Continue reading Gambit pays off: specialist doctors bid for rural service

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State girls shining bright

The Indian eves have punched above their weight to be just one win away from clinching their maiden World Cup trophy. In the ongoing quadrennial event, mighty teams like England, Australia and New Zealand have bowed to India’s brilliance. India’s sensational run has come on the back ofsome dazzling performances and the Karnataka duo of… Continue reading State girls shining bright

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India eye shot at history

 History beckons the Indian women’s cricket team when it takes on England in the ICC World Cup final here on Sunday, aiming to cap a fairytale run with a maiden title triumph and put some past demons to rest.The Mithali Raj-led squad has been living a dream so far in the tournament, the biggest moment… Continue reading India eye shot at history

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Cash bonanza for super eves

The Board of Control for Cricket in India (BCCI) has announced a cash prize of Rs 50 lakh for each member of the women’s team which will face England at Lord’s on Sunday in the final of ICC Women’s World Cup 2017.The support staff will receive Rs 25 lakh each.Committee of Administrators (CoA) chief Vinod… Continue reading Cash bonanza for super eves

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Sizzling Grace sets Major record

 Jordan Spieth held a one-shot lead over Matt Kuchar after 15 holes of their third round in the British Open at Royal Birkdale on Saturday.Overnight leader Spieth, who began his round on six-under par, picked up three birdies on the front nine before holing a putt for another birdie on the par-5 15th to move… Continue reading Sizzling Grace sets Major record