Lockdown 5.0, Jio's billion-dollar deal, YS Exclusive with Finance Minister Nirmala Sitharaman, and more

Termed 'Unlock 1', this lockdown will see the re-opening of prohibited activities in areas outside containment zones in a phased manner from June 1.

We're officially in Lockdown 5.0, and things are looking a lot different. Termed 'Unlock 1', this will see the re-opening of prohibited activities in areas outside containment zones in a phased manner from June 1. As India readies to open up after almost two months of lockdown, Prime Minister Narendra Modi asked people to be “extra careful” and stick to precautions like maintaining social distance and wearing masks.

Last week, to showcase the #Aatmanirbhar heroes of India, YourStory, in association with C-CAMP, launched a comprehensive report on the innovators of C-CIDA helping India battle COVID-19. Then, we took a deeper look at the billion-dollar deals being inked by Reliance Jio — Facebook ($5.7 billion), Silver Lake Partners ($747 million), Vista Equity Partners ($1.5 billion), General Atlantic ($870 million), and KKR’s Asia PE Fund ($1.5 billion). Find out why investors are flocking to Mukesh Ambani's $65B internet business.

Photo: YS Design

On March 24, when the nationwide lockdown was announced, it was evident that the supply chain would be affected. Foreseeing a difficult situation ahead, on March 26, the Ministry of Civil Aviation launched ‘Lifeline Udan’, an initiative to ensure a steady supply of essentials to even the most remote parts of India.

In her first media interaction since the launch of the initiative, Usha Padhee, Joint Secretary of the Ministry of Civil Aviation and the head of Lifeline Udan, shed light on its operations, goals, and more.

Picture courtesy: Ministry of Aviation

Ritesh Agarwal, Founder and CEO of Oyo Rooms, has been in the news for all the wrong reasons the past year. In an unfiltered conversation on Money Matters with Shradha Sharma, he spills the beans on dealing with negative press, scaling up OYO, COVID-19, and more.

In an exclusive interaction, Finance Minister Nirmala Sitharaman spoke about the measures undertaken by the Centre to revive and promote MSMEs and startups amid the economic downturn.

Last but not least, we spoke to actor Sonu Sood, who has ascended to real-world superhero status almost overnight for helping migrant workers amidst the ongoing COVID-19 pandemic. The actor — best known for essaying villainous roles in Indian cinema — tells us his late parents are an inspiration for his many random acts of kindness.

Illustration credit: Hrishikesh

Helping rural India fight coronavirus

Dubai-based Indian businessman Asif Kamal is helping India’s efforts in fighting the coronavirus pandemic by providing essentials to distressed people in rural areas.

How a college dropout got a $3B-unicorn co-founder to join his startup

Pesto Tech Co-founder Ayush Jaiswal

YourStory caught up with Pesto Tech Co-founder Ayush Jaiswal as he readies to welcome Swiggy Co-founder and former CTO Rahul Jaimani.

How Danish Sait is winning the lockdown

Using everyday objects as handsets and props, actor Danish Sait is playing out numerous lockdown conversations that people across the country are having.

The NRI who gave up his green card to become a ‘chaiwala’

Jagdish Kumar serves tea with 35 flavours at his outlets, including ‘Mardo wali chai,’ ‘Pyaar-Mohabbat wali chai’ and ‘Anti-corona Brahmastra chai.’ 

Protecting rural India’s COVID-19 frontline workers

Frontline COVID-19 healthcare workers in Haryana with their Raksha kits

Rakshak ki Raksha is protecting the country's most vulnerable healthcare warriors, who are at the forefront of the fight against the COVID-19 pandemic in rural India.

Meet the man who discovered the Caffe Latte Attack

Vivek Ramachandran

Cybersecurity expert Vivek Ramachandran is known to have discovered the Caffe Latte Attack and has trained several government and military personnel in cybersecurity.

Hiring managers are looking for these skillsets

The coronavirus pandemic has given a severe jolt to the recruitment industry, but hiring continues. A few sectors are seeing an upward swing, led by specific skill sets.

Weak internet is slowing the growth of J&K startups

Entrepreneurs from Jammu and Kashmir unanimously agree that the lack of internet infrastructure in the region is the biggest challenge for tech startups.

Quote of the day:
"Every overnight success is a five to 10-year-old story, and takes the blood and sweat of hundreds of team members."
— Ritesh Agarwal, Founder and CEO, OYO Rooms

Now get the Daily Capsule in your inbox. Subscribe to our newsletter today! 


Updates from around the world