There is a sharing boom amid all this economic gloom

Sanjeev Bikhchandani of Naukri, Falguni Nayar of Nykaa and Dinesh Agarwal of IndiaMart discovered over the course of the session that their climb up the entrepreneurial ladder comically started on the same date.

• Walmart takes a $290 million impairment on Jabong
• SoftBank's Paytm top-up to come with riders

​​The company said it has added thousands of restaurant partners across the 44 cities it operates in here. "We are aggressively looking at expanding our presence in the country,” Uber Eats Head of Operations India and South Asia Bansi Kotecha told.

• Freshworks raises $150 million in Series H
• Sachin Bansal invests Rs 888 cr more in his venture Navi Tech

Amazon senior VP sees growing acceptance of its Alexa voice services in Hindi, which is helping its subscription services in and around music. He said, "Shopping is a perfect example where we’re seeing signs of people adopting voice and that’ll be another great business."

• Moglix, Razorpay staff make hay while Esop buyback’s on
• WhatsApp rivals Signal, Telegram can be hacked too

Tesla producing electric cars in Germany could wave a checkered flag at the local competition, such as Volkswagen, BMW, and Daimler, speeding up innovation in the sector there. Tesla last month announced that it posted a profit in the recently ended quarter instead of taking a loss as analysts expected.

• Milk delivery startups limit products to conserve cash, make supply chain efficient
• India second in seeking user information from Facebook

TikTok ran afoul of regulators in 2019, but for different reasons than Facebook originally feared. The U.S. government has launched an investigation into whether ByteDance’s acquisition of Musical.ly two years ago to merge it with TikTok posed a national security risk.

• Amazon Project Zero to rid platform of fakes
• AMJ Ventures invests $2 million in StyleCracker

Rainmatter is more of an incubator than a fund, said the founder of a startup which raised funding from the initiative. Startups look for advice from Kamath and his backing reduces the ‘go to market’ time for the companies, the founder said.

• From Oyo to Uber, how SoftBank’s $100 billion has left the startup ecosystem weaker
• Jumbotail, NinjaCart raise more as B2B Ecomm finds love

WeWork shelved its plans to go public on Sept. 30 after investors grew wary of its losses, business model and corporate governance that had forced former CEO and co-founder Adam Neumann to resign a week earlier.

• Zomato halves cash burn to $20 million in October
• Niki plans $30 mn fund raise, targets $100 mn run rate

There is a myth among the local VCs that small business in India only uses pirated software and will never pay. The reality, however, is that most attempts have been too early, mostly thrusting complex enterprise style software to a user base that is very happy with WhatsApp.

• Snapdeal in talks for $100m at valuation of $800m-1.2bn
• WeWork begins search for a new CEO: Sources

Every expense would have three components— the basic mandatory spend; the discretionary spend; and the lifestyle spend. The distinctions between the three are not rule-bound. As incomes increase, what was a lifestyle expense might become mandatory.

• Why not insuring your car key can cost you heavily
• The 7 stocks most wanted by mutual funds

The press statement is issued in clarification with the reference to Aadhaar KYC. According to the statement, only norms related to Aadhaar KYC is eased and not in the change of address in the Aadhaar card.

• Do investing numbers really mean anything for you?
• You may not get stolen car insurance claim sans keys

ICICI Prudential Life Insurance’s plan is the first such product designed specifically for people with these health conditions.

• Why being in your comfort zone can derail your career
• Children's day: 9 money skills your kid should have

Diabetes-specific plans are expensive. The downside of generic health plans is the longer waiting period. Besides the price it exacts on your health, diabetes also places enormous strain on finances. Find out ways to mitigate the financial burden.

• Does your investment portfolio need a stress test?
• How UPI-based frauds take place

Two developments have created an enabling environment for fraud- the explosion of smartphones with internet and modes of payment via apps. Methods used by confidence tricksters range from payment requests on UPI to sharing of QR codes on WhatsApp.

• How to file complaint about EPF a/c problem
• What to do if your child asks for too much money

It is important to cut back on all lifestyle and unnecessary expenses in order to repay your debts fast.

• Pune unsold housing inventory valued at Rs 1.05 lakh crore
• Buyers to get full refund if flat not given on time

In the backdrop of global economic issues, ET Wealth identified these four companies that have continued to do good overseas business and remained resilient to global developments. They show positive net foreign exchange earnings over five years.

• From Jan, banks can't charge you for NEFT transactions