Indian Startups are collapsing in the market. Because, they have run out of business in the financial year 2020. The COVID-19 Pandemic has caused mass drain out of liquidity in economies causing this.
Sushant Singh Rajput has been declared deceased due to Asphyxiation. At approximately 10:45 am, he hung himself to the ceiling fan. Choking him into a deathly sleep.
Government would not privatize public sector banks. Because, of low valuations and mounting stressed assets amid the COVID-19 crisis.
Mutual fund schemes had segregated Vodafone Idea Ltd. Franklin Templeton India schemes have been paid 102.71 Crores with interest. Whereas UTI Mutual Fund and Nippon India Mutual Fund have received 100 Crore.
Acharya Balkrishna claims Patanjali has found a cure to the COVID-19 Pandemic. He said a clinical case study was conducted. Hundreds of Covid-19 patients yielded “100% favorable results.”
The ALF-CIO demands an apology from Mark Zuckerberg. Since, Facebook's Workplace functions as an internal message board for corporate clients. This week, The Intercept reported that Facebook was promising clients the ability to exert "content control". Also, it said companies could suppress the word "unionize”. President Richard Trumka said in a 12th June statement. "The ALF-CIO demands an apology from Mark Zuckerberg.
Beijing shuts down it biggest vegetable market. This is followed by multiple small markets being closed down. At exactly 3 am on Saturday it was shut down completely. Firstly, the Government took this out of worry many say. However, after 45 new positive cases came up from the market locality.
Recently, the Indian Government personally hired Delhi-based chartered accountancy firm SARC & Associates. Their assistance has been required PM CARES Fund, according to information given by the fund’s administrators. The auditors are appointed for a period of 3 years.
Education technology start up Udacity has collaborated with Microsoft. Moreover, Microsoft will award scholarships. For its all new Machine Learning Nano degree program in Microsoft Azure. Firstly, after reviewing the applications, 10,000 candidates will be enrolled. Lastly, in the second phase, the top 300 performers from the foundation course will be awarded the scholarship.
Tata Power Company’s very own will sell 3 ships to Germany. Singapore-based Trust Energy Resources Pvt Ltd is a full subsidiary of Tata. It will sell the ships to German company Oldendorff Carriers GmbH & Co. KG. The selling deal will result in about 212.76 Million US Dollars.
The Supreme Court has denied action against employers. These were responsible for wage frauds to employees in the industry. It also said that 100% payment was not necessary but a 50-75 % attempt must be paid. The petitions were filed by more than 15 micro, small and medium enterprises against the Centre's order.
Manoj Modi is the Director of reliance Industries Limited. Also, the right hand to Asia's richest man Mukesh Ambani. He led $13 Million investments post the Facebook-Jio Merger deal. Not only did Ambani save him for the best but also he is now the secret weapon of success.
The GST council will meet tomorrow for the first time after the lock down. Since, the businesses are expecting rate cuts amid economic slowdown. It is unlikely that the council will announce any major rate cut tomorrow.
India has lifted the export ban on Hydroxychloroquine. Manufacturers, except export-oriented units and those in special economic zones. Would still have to supply 20% of their production to the domestic market, Minister Gowda said.
Johnson & Johnson will start human trials in July for the COVID-19 Vaccine. It has moved up the human clinical trial dates for testing. In conclusion, it is set to happen two months to the second half of July. Because, the drug maker rushes to develop a prevention for COVID-19. Stated company officials on 10th June.
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