One reason for resistance to moonlighting is that WFH calls into question the necessity for the thick layers of middle and senior management which run most businesses, argues Devangshu Datta.
Bernie Ecclestone's 40-year reign as Formula One's commercial supremo ended on Monday with the sport's new owners Liberty Media replacing the 86-year-old Briton with American Chase Carey.
Based on the report of the expert committee set up to formulate the state's lockdown exit strategy and the inputs received from various sections of the society, the chief minister said it was necessary to continue with the lockdown restrictions for some more time.
Hewlett Packard on Tuesday said changes in the top management of the company would not have any impact on its India strategy.
After a two-year lull, the deal pipeline in India's hospitality sector, which has witnessed a strong revival since the second wave of the pandemic receded, is running full. Family offices, high net-worth individuals (HNIs) and institutional investors are looking at the sector with renewed interest, according to investment and transaction advisory firms working on multiple deals. Most of them declined to divulge details of the deals for reasons of confidentiality. The cumulative debt of the tourism, hotels and restaurant sector rose 8.2 per cent year-on-year (YoY) to Rs 64,408 crore as of March 25, 2022 against Rs 59,519 crore on March 26, 2021, according to the Reserve Bank of India.
The meeting was attended by National Security Advisor Ajit Doval, Chief of Defence Staff General Bipin Rawat, Army Chief General M M Naravane, Navy Chief Admiral Karambir Singh and Indian Air Force Chief Air Chief Marshal R K S Bhadauria.
The chargesheet in which 15 persons have been named as being part of a 'premeditated conspiracy' in the north east Delhi riots, said the tone and nature of the communication of the members of Jamia Co-ordination Committee (JCC) changed from the evening of February 24 and they started talking about relief, rehabilitation and care of the victims while 'simultaneously unleashing concerted disinformation campaign blaming the state, police and the ruling political party for the loss of lives and property caused by their terrorist and unlawful act'.
Opposition leaders will also meet the Election Commission and raise the issue of tallying the paper trail of votes with the electronic voting machine figures as directed by the Supreme Court.
Nitish Kumar has to make an existential choice: Between governance and politics, argues Aditi Phadnis.
The move marks the entry of GWM, one of the largest manufacturers of sport utility vehicles (SUVs) and pick-ups, into the Indian market and a complete exit for GM from the country, two years after it stopped selling cars here.
These parties also asked the Centre to present a revised comprehensive economic package that will be a 'true stimulus' and sought reversal of all unilateral policy decisions, especially pertaining to labour laws, as they put forth a 11-point demand charter before the government during a virtual meeting, called by the Congress to discuss the situation arising out of the pandemic as well as the lockdown.
Gold exchange traded funds (ETFs) witnessed a net outflow of Rs 248 crore in February, making it the second consecutive month of withdrawals as investors preferred equities over other segments on record SIP flows. Net outflows from the gold ETFs were at Rs 452 crore in the month of January. Prior to that, the asset class had seen a net investment of Rs 313 crore, according to the data of Association of Mutual Funds in India (Amfi). Despite the outflows, the category witnessed an increase in net assets under management (AUM) of gold ETFs to Rs 18,727 crore at the end of February from Rs 17,839 crore in January-end.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Franklin Templeton Asset Management (India) on Monday said the Securities Appellate Tribunal (SAT) has stayed Sebi's order, whereby the regulator had barred the asset management firm from launching any new debt scheme for two years. In addition, the regulator had asked Franklin Templeton to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to its six debt schemes which are now shut. "With reference to the order issued by Whole Time Member(WTM) of Sebi on June 7, 2021, Franklin Templeton Asset Management (India) Pvt Ltd filed an appeal and an application for stay before the Hon'ble SAT. "After hearing the parties, the Hon'ble SAT has stayed the operation of the order passed by the WTM," a Franklin Templeton spokesperson said in a statement. The matter has been listed on August 30, 2021 for further directions, he added.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
That's a deficit the NDA will have to make up with the help of 'friendly' alliance partners, the very groupings the PM has said are 'family-run'.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
Strengthening the party's communication strategy to improve public engagement is foremost on the Congress agenda after Rahul Gandhi had stressed that they "have to go back to the people" at the Udaipur meeting.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.
The lawmakers voted by 312 to 308 to reject a no-deal Brexit under any circumstances.
Sen won his second round contest 21-17, 21-10, taking 72 minutes to complete the formality.
Besides their country of origin, General Motors, Ford Motor and Harley-Davidson have another trait in common: all three have failed in India, the world's fifth largest automobile market. All three of them took a tough call to de-prioritise India as a market amid disruption from heightened regulations and sharper focus on capital allocation by the parent.
United States President Barack Obama on Tuesday said that the killing of innocent Afghan civilians is outrageous and unacceptable, but asserted he would continue with the strategy to responsibly drawdown troops from Afghanistan.
The company sacked nearly 900 employees and shelved its investment plans in the state, which included nearly 200 Reliance Fresh stores over three years and a back-end logistics chain.
Investing merely on the basis of past return can land you in trouble even in debt funds, a supposedly safe asset class, suggests Sarbajeet K Sen.
The JD-U, may be the BJP's partner for now. But it is a party at all only because of Nitish Kumar. The day Nitish Kumar exits, the JD-U will split into hundreds of pieces. Obviously, Prashant Kishor is setting himself up as the vessel that will collect all the pieces and put them together in some sort of political instrument, explains Aditi Phadnis.
While Britain grapples with a hung parliament, EU has warned, 'We don't know when Brexit talks start. We know when they must end.'
A second-round exit in her debut Olympics at Tokyo was a lesson for India's lone fencer Bhavani Devi, who said she would work on improving her technique to win medals for the country in the future.
An angry Leclerc dropped to fourth after Ferrari called him in again for slicks and then told him, too late, to stay out after Sainz also pitted and went directly from wets to the dry tyres.
Investors who cannot manage an asset-allocated portfolio or rebalance regularly, or do not have an advisor, may opt for these funds, but only after a detailed study of their strategy, suggests Sanjay Kumar Singh.
Vistara appoints Vinod Kannan as chief strategy officer; plans to launch its maiden international flight to Colombo in May
The PE biggie has committed to pumping money into Jio Platforms, Byju's and Reliance Retail so far this year - all marquee names in their respective sectors.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Experts say that despite the sizeable client base, PMS providers lag their domestic MF counterparts by quite a distance, when it comes to reporting and disclosure standards.
As Gates plans his transition, Ray Ozzie (founder of Lotus Notes and Groove Virtual Office) has assumed the position of chief software architect and Craig Mundie has taken the new title of chief research and strategy officer.
While asserting that the growth of coronavirus cases in the country has been more or less linear and not exponential, it also said testing has been ramped up consistently.
Changes being driven by Etihad, says a source, after a V-P quits
Gandhi also called upon the government to immediately put money into the hands of the poor and provide a financial package to the industry to help revive the economy.
Boris Johnson urged the public to contain their impatience against the lockdown.
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