Williams Grand Prix Holdings (WGPH) published results for 2019 showing Formula One revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year.
The callousness with which these political dissidents are being treated goes against the Supreme Court's directive, given right at the beginning of the lockdown. The apex court had directed states to release prisoners to decongest jails, which had become hotspots of the coronavirus.
Liberty Media president and CEO Greg Maffei told analysts on a conference call that the move was the most efficient way of putting cash into the business, with Formula One getting a net cash payment of $1.4 billion.
Josh Hazlewood said he was taken aback by news of the financial pressures CA was under situation, given that the Australian cricket season was all but over when the national lockdown brought sport to a halt in March. Former Test players have already forecast swingeing cuts for cricketers' salaries as the sport faces an expected financial crisis.
An impulsive decision to resign could eventually turn out to be a big career mistake, warns Srividya Kannan.
Fewer working days and a stronger rupee may impact December quarter performance; rise in overall demand a positive factor.
Australia coach Justin Langer says playing cricket without fans in the stadiums is an option worth considering if it helped get the game going again after the worst of the coronavirus crisis has passed. As with most sports, efforts to contain the COVID-19 pandemic have forced the shutdown of cricket around the world and Langer thinks teams would be keen to play in empty stadiums upon resumption if the alternative is a longer furlough.
His celebratory gesture on Thursday night marks a first for Downing Street, which annually sees the UK prime minister host a Diwali gathering and an Annakut, or spread of festive food, from London's Swaminarayan Mandir next door at No 10.
Dan Ticktum, who is also into his maiden Formula 2 season like Daruvala, won the race from pole position with another rookie, Christian Lundgaard, finishing second. Louis Deletraz was third.
'We do believe that staging the event behind closed doors, which our fans can still watch on television, is preferable to not having a race at all.'
Gone With The Wind approaches a landmark birthday. Take this quiz and celebrate the movie classic.
United States President Barack Obama was in his elements over a whopping $85 billion forced spending cuts his administration was facing, saying, "My joke writers have been placed on furlough."
The PK team organised a special screening for its star, Sanjay Dutt.
Cricket Australia (CA) announced Kevin Roberts' resignation with immediate effect on Tuesday, following months of criticism over his stewardship during the COVID-19 shutdown.
Traditionally, the October-December quarter is a weak quarter for IT companies as the number of working days is lesser compared to other quarters due to the holiday season at the client locations.
Of 1,400 pilots the airline has, 200 have quit in the past few months because of salary delays.
Quarantine, lockdown, pandemic, covidiot... Sabyasachi Dutta unravels how different nations arrived at their Word Of The Year 2020.
The House of Representatives needs to pass similar bill to avoid a government shutdown this weekend. House, in which the Republicans currently has a majority, is expected to pass the bill, but unlikely to include funding for the border wall.
The UK prime minister stressed that a complete lockdown was the only answer to prevent the overrunning of the country's state-funded National Health Service, which would be a "medical and moral disaster" beyond the raw loss of life.
Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.
Leading hotels are taking all precautions but the unusual service the staff has been pressed into puts them at the forefront of COVID fight.
A partial United States government shutdown over President Donald Trump's demand for $5.7 billion to build a wall along the US-Mexico border entered its 23rd day on Sunday making it the longest shuttering of federal agencies in the country's history, with no end in sight. The closure, which began on December 22, broke a decades-old record by a 1995-1996 shutdown under former US President Bill Clinton that lasted 21 days.
The actor was granted a 14-day furlough by the Yerwada Jail.
The first race at the Red Bull Ring would be on the July 3-5 weekend.
The US government on Tuesday shut down -- for the first time in nearly 18 years -- as the Republican and the Democrats failed to strike a deal on spending and budget mainly due to their differences over 'Obamacare', the flagship healthcare programme of President Barack Obama.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
'When you don't have food to eat, will you be worried about the virus or the next meal?'
The postponement of major sporting events during the coronavirus pandemic has left some British charities concerned about their survival, representatives have told Reuters, while others are worried about delivering services to vulnerable people.
CA chief executive Kevin Roberts said the schedule could change depending on the travel restrictions due to the health crisis.
South Korea's K League will have a profile it has never enjoyed before when the delayed 2020 season kicks off in Jeonju on Friday, providing top-flight soccer action to a world starved of live sport. Broadcasters from 10 countries, mostly in Asia and Europe, have bought rights for the season and Friday's match will be streamed live with English commentary on the league's Twitter feed and YouTube.
Of the 921 job reductions, 228 flight attendants would be furloughed, while another 244 would be put on involuntary leave in October and November. An additional 449 attendants have chosen voluntary buyout packages, including overage leaves of absence, resignations with travel benefits and partnership flying.
According to experts, this will have major impact on new investments by Chinese players in companies, such as Paytm, Ola, BigBasket, Byju's, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding. Chinese investors, such as Alibaba, Tencent, and Xiaomi, are active in the Indian start-up space, and have collectively invested billions of dollars.
Saddled with plenty of downtime during the coronavirus shutdown, Australian cricketer Peter Handscomb has used home isolation productively by overcoming a life-long fear of horses. Despite being married to an eventing rider, the Test batsman had never dared mount a horse until being locked down at their rural property near Melbourne.
The main reasons layoffs and their alternatives are done poorly, according to Sullivan: They're left in the hands of employees and human resources professionals.
'I know there is pressure on players, but it is nobody's business what you do with your wages. You take your wages and if you want to be generous, go ahead and do it'
'The world and India likely won't have a vaccine that is widely administered till the end of 2021.' 'In the meantime, clear communication would help,' observes Rahul Jacob.
Infosys has raised its annual revenue growth guidance in constant currency terms to 8.4-8.8 per cent for the current fiscal.
A division bench of justices R M Sawant and Sadhana Jadhav was on Monday hearing a public interest litigation by Pune resident Pradeep Bhalekar challenging the regular paroles and furloughs granted to Dutt when he was serving his sentence.
Elections are due in Tamil Nadu and West Bengal that year. Early indications show Bengal holds promise for the BJP, but the party may have to recast itself to win Tamil Nadu.
Manohar Lal Khattar took oath as Haryana chief minister for the second time on Sunday and will lead the Bharatiya Janata Party-Jannayak Janta Party coalition government in the state. JJP leader Dushyant Chautala took oath as the deputy chief minister.
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