Tag Archives: brace

Amid coronavirus outbreak, VC firms tell startups to brace for uncertainty

Bengaluru: As Covid-19 continues to spread across the world and in India, creating curbs on travel and large business events, venture capital (VC) firms are advising startups and their portfolio companies to conserve cash and spend less, and brace for a possible uncertain fund-raising environment. “What we are witnessing is possibly a once-in-a-lifetime event, which will, almost certainly, deliver the global economy a ... Read More »

Businesses brace for crippling energy bill increases

BUSINESSES will be forced to cut staff or shut down altogether as crippling energy price hikes begin sweeping across the nation this month. The small business lobby group says urgent action is needed to resolve the decade-long national deadlock on energy policy in the face of what’s being described as a bigger crisis than the GFC. “This is the biggest ... Read More »