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The Baseline
04 Jul 2016
Morning Brief - Monday
Best companies to work for survey, Taxi apps set for big growth in 2016, India's GDP is 'overstated', Facebook betting on streaming video for global growth


The best companies to work for survey is out. Google India scores number 1 - employees evidently love both the massage chairs and quality of work. American Express comes in second, and Ujjivan Financial Services scores third place. ET
The online taxi aggregator space, where Uber and Ola are lugging it out, is set to cross Rs 11,400 crores in booking value in 2016. Competition and lower prices are encouraging customers, and spurring growth across cities. BS
Morgan Stanley's chief global strategist, Ruchir Sharma says that India's GDP growth of 7.9% looks overstated, and said private investment needs to improve. Inflation needs to be lower and below 5% for sustained growth, he added. IE
Facebook is betting on live streaming videos for growth, and has signed up big content publishers including Buzzfeed and Huffington Post to stream videos exclusively on Facebook. This strategy will be replicated globally. SeekingAlpha 


Photo of the day: France ends Iceland's dream run IE

 

 
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