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Permitted activities after 20th April 2020, as per Revised Consolidated Guidelines of Ministry of Home Affairs. The activities permitted under the revised guidelines will not be allowed within the containment zonesPrime Minister Narendra Modi, in his address to the Nation on April 14, 2020, had announced that the nationwide lockdown will be extended till May…
In the wake of current COVID-19 situation and in view of the hardships faced by the aspirants of JEE (Main) 2020, National Testing Agency has expanded the scope of making corrections in application forms allowing students to include the choice of cities for centres. The NTA will make efforts to allot city of examination to the candidates in order of the choices now opted by them in their Application Form, subject to the availability of capacity in the desired city.
We all have been trying to work out the plans for our work life post lockdown. Businesses and business managers have been planning their next course of action – to take stock of damage inflicted, to work out their manpower strategy, etc. and to re-calibrate their work related processes once normal work life resumes. Those…
Former Hulu executive Jason Kilar has been named at the new CEO for WarnerMedia. Jason takes over the chief’s role effective 1st May 2020. He replaces John Stankey, who will continue in his role as AT&T’s President. Jason will report to John Stankey, AT&T’s President and Chief Operating Officer. Media, entertainment and technology executive Jason Kilar, was previously the founding CEO of Hulu and SVP at Amazon.
The grant aims to support ideas that are capital efficient, scalable and can be leveraged to fight the spread of the pandemic. The Action Covid Team (ACT) Grants has already raised Rs 70 Cr. from its target corpus, has funded 2 projects, and has over 45 volunteers. The initiative has seen the participation and support from leading start-up investors, fund managers from top VC firms, and prominent start-up CEO’s. Amongst the backers are Sequoia India, Accel, SoftBank, Coatue, Tiger Global, B Capital as well as leading start-up founders and entrepreneurs, along with industry bodies TiE, IVCA, Nudge foundation.
Investment and related payment can be made up to 30th June 2020 for claiming the deduction under 80C, 80G, 80D sections for FY 2019-20. The outbreak of Novel Corona Virus (COVID-19) across the globe has impacted people and businesses, causing loss to the lives of people, livelihood etc. Considering social distancing as an important move…
Goldman Sachs alumnus Taiichi Hoshino to lead investment planning department at Softbank SoftBank Group Corp, announced the appointment of ex Goldman Sachs banker Taiichi Hoshino as head of a new investment planning department at the investment major. The move comes in the backdrop of increased scrutiny of the group over ventures backed by the group,…
Wipro, Wipro Enterprises and Azim Premji Foundation have together committed Rs 1,125 crore towards supporting the fight against the novel coronavirus pandemic. The pandemic and the concern related to the extent of damage it can cause had brought in a good degree of participation form major corporations, philanthropists, and business leaders to support the fight…
The Coronavirus pandemic has seen the world almost coming to a standstill. The pandemic has seen corporations and business leaders committing sizable amounts towards supporting the impacted people, communities as well as funding government initiatives towards fighting the pandemic as well implementing preventive measures. Indiabulls Group, a diversified financial services group, has announced a commitment…
MetLife Foundation, an organisation focused on improving the financial health of low-income individuals around the globe has announced a commitment of $25 million towards supporting communities impacted by COVID-19. The foundation works by partnering with trusted organizations that create and expand financial access, and helps build the knowledge, capability and habits needed to improve financial…
Takeda Pharmaceutical Company Limited, a global pharma company headquartered in Japan, has announced that its Board of Directors has approved an executive compensation recoupment policy (“clawback policy”). The policy is aimed at strengthening the company’s commitment to corporate governance. The policy will take effect on April 1, 2020 and apply to short-term incentive compensation beginning…
NEC Corporation and NEC Technologies India has announced the appointment of Aalok Kumar as the new President and Chief Executive Officer (CEO) of NEC Technologies India, effective from today. Takayuki Inaba, former Chairman & Managing Director, has been appointed as Executive Chairman of NEC Technologies India. These appointments comes as a part of management restructuring…
Sunil A. D’Souza will take over as Managing Director & CEO of Tata Consumer Products Limited ( formerly Tata Global Beverages Limited) effective from April 4, 2020. The company had announced his appointment to the role in December 2019. Sunil, has earlier worked with Whirlpool, and prior to that with Pepsico.
The spread of Covid-19 has impacted the aviation sector really hard. When the story unfolded Cathay Pacific was one of the first ones ( early Feb 2020) to announce cost cutting measures in form of unpaid leave for 27,000 of its employees. We are only two months down and it seems all big and small…
Kotak Mahindra Bank has announced a commitment of Rs. 35 Cr., to support the central and state government in their fight against Covid-19. Apart from this Uday Kotak, has offered his personal commitment of Rs. 25 Cr. to the PM CARES fund. The funds will be directed at supporting the governments initiative towards preventive, curative,…