UpFront
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RIL's consolidated profit beat estimates: What should investors do now? 3 Point Analysis
Reliance Industries (RIL) reported a consolidated profit of Rs 13,248 crore for the first quarter of FY21 with Jio's ARPU growth of 7.4 per cent QoQ at Rs 140.3 beating D-Street expectations in a challenging environment. A three-point analysis on what investors should now do
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WATCH: India crosses 16 lakh Covid-19 cases; reports 55,078 in single day
This marks the highest single-day surge as more than 6 lakh tests take place in the past 24 hours. The national tally mounts to 16,38,870. 5,45,318 active cases and 10,57,805 recoveries
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Slum dwellers are more disciplined than those in high-rises: BMC chief
Mumbai civic body commissioner Iqbal Singh Chahal speaks to Forbes India about plans of opening up the city, scaling testing and the BMC's preparation on tackling the second wave of coronavirus infections
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HIGHLIGHTS: Inside the Big Tech congressional hearing
Key accusations, takeaways, phrases that Mark Zuckerberg, Tim Cook, Sundar Pichai and Jeff Bezos used during the hearing, which questioned their tactics and attempts at market dominance
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Grilled by lawmakers, Big Tech turns up the gaslight
It is less clear that tech executives' strategy of evasive answers will continue to work now that lawmakers have begun doing their homework
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Ellen DeGeneres apologizes to staff members upon investigation
The workplace of "The Ellen DeGeneres Show" came under scrutiny this month after BuzzFeed News published an article reporting that former staff members said they had faced "racism, fear and intimidation" at work
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Born to be online
Digital-first brands have the capacity to disrupt their brick-and-mortar counterparts
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Big Tech's investments rise in India even as their power is questioned at home
Despite its large number of mobile internet users, India is still a nascent digital economy and stands to benefit from the large tech companies plans for their future growth
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Unlock 3.0: Gyms to reopen, night curfew scrapped
The Ministry of Home Affairs has announced guidelines for Unlock 3. Lockdown will continue to be enforced in the containment zones till August 31. Gyms and yoga institutes that are not in containment zones will be allowed to reopen from August 5. The health ministry will issue an SOP to fitness institutes
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Sneak Peek: How Wakefit found an investor after 32 failed attempts
For little under three years, mattress firm Wakefit's founders didn't find a backer. Then suddenly...
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As the pandemic forced layoffs, CEOs gave up little
Chief executives of companies such as Walt Disney and Marriott International decided to show solidarity by foregoing some of their pay, but a study found that their reductions were equivalent to 10% or less, even as the companies saw large layoffs