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Singapore regulator raises concern on grab plan to buy Trans-cab
The Competition and Consumer Commission of Singapore (CCCS) on Monday raised competition concerns about a plan by Southeast Asian ride-hailing company grab (GRAB.O) to acquire Singapore's third-largest taxi operator, Trans-cab. Key Points
Reutersgrab announces 1,000 job cuts, company informed employees about layoffs via email
Grab has announced its decision to reduce its workforce by more than 1,000 employees. The company's CEO Anthony Tan has sent an email to the employees, informing them about the latest round of layoffs. Key Points
India TodayAmazon Sale: Up to 80% off on handbags, shoes for women
Amazon Great Indian Festival 2023: Check out some of the amazing discounts being offered on handbags and shoes for women. The deals are indeed super promising. | Fashion Trends Key Points
Hindustan TimesWhich game are you playing today?
Through gamification we are creating a society where you take, grab, hoard and raid, rather than a society where you're rewarded for being kind, generous and nice. Little wonder, then, that the world which aspired to be a global village is today reduced to a confederacy of warring tribes, suffering toxic nationalism. Key Points
Economic TimesPrice wars are still on but... 4 stocks from diagnostics sector have upside potential of up to 26%
In the last five years, the diagnostic segment of the healthcare sector has seen many ups and downs. During Covid, diagnostic players were overloaded with work and then came the price wars which some new tech companies brought on the table. The price war was essentially started to grab both, market and mind share. While the price war is still on in some segments, there is a possibility that its intensity may come down. The reason, new companies have burnt enough cash and large physical-only players have also made some inroads into digital channels for customer acquisition and also part delivery of the service. Will this bring back focus of the street? Key Points
Economic Times