EQT Corp. (EQT) on Thursday provided certain preliminary first quarter 2020 operational and financial highlights, along with an update on its outlook and deleveraging plan. The company said it has experienced limited operational impacts as a result of the COVID-19 pandemic. For the first quarter, EQT reported preliminary sales volumes […]
Read moreCoronavirus | India Inc. stands by lockdown extension call; seeks stimulus package to rebuild economy
Prime Minister Narendra Modi extended the lockdown till May 3 saying it is necessary to contain the spread of the novel coronavirus in the country India Inc. on April 14 said the nationwide lockdown extension was necessary to avert a humanitarian crisis, but insisted on the need for a stimulus […]
Read moreUber partners with Flipkart to deliver everyday essentials in Mumbai, Bengaluru and Delhi
Uber will not charge any commission, enabling drivers to keep 100% of the billed amount After bigbasket and Spencer’s Retail, ride-hailing Uber has now partnered with Walmart-owned Flipkart to provide people in Bengaluru, Mumbai and Delhi access to everyday essentials amid the nationwide lockdown. Last week, Uber had said two-wheelers […]
Read moreIndia’s power demand falls over 25% to 125.81 GW on April 2
The peak power demand met is the actual highest energy supply during the day across the country. India’s peak power demand slipped over 25% to 125.81 GW on Thursday compared 168.32 GW on April 2 amid the lockdown to contain COVID-19 outbreak, showed power ministry data. In actual terms, the […]
Read more4Front Ventures Cuts Workforce; Names Leo Gontmakher As CEO
4Front Ventures Corp. said Monday that it has reduced its workforce and divested non-core assets as part of its efforts to achieve positive cash flow in the second half of 2020. In addition, the cannabis company’s board of directors has appointed Leo Gontmakher, previously its chief operating officer, to the […]
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