Thursday, October 1, 2020

Rescuing firms, not shutting them prematurely, should be the goal of IBC: CAG

“As the government prepares the insolvency landscape of the country for the post COVID-19 phase in the longer term, one is hopeful that the measures taken in the short and medium term will be successful in preserving the life of companies and livelihood of persons in distress,” CAG G C Murmu said

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US judge blocks Donald Trump's H-1B visa ban

A federal judge has blocked the enforcement of the H-1B visa ban issued by US President Donald Trump in June this year, saying the President exceeded his constitutional authority. The ruling places an immediate hold on a series of visa restrictions that prevent manufacturers from filling crucial, hard-to-fill jobs to support economic recovery, growth and innovation when most needed, the National Association of manufacturers said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3l3HNQ3

Goldman Sachs to set up centre in Hyderabad

Goldman Sachs is setting up a new technology hub in Hyderabad, its second centre in India after that in Bengaluru. The US investment bank is expected to commence operations in the second half of next year and plans to hire 500 employees initially, sources told TOI.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3l8KtMu

Smart@Work: Small and medium businesses get the online edge

Small and medium businesses in India may have been slow to embrace technology ten years ago. But today, largely owing to the advances in digital applications — including high-speed wireless internet and wider use of smartphones — they have become willing converts.

from SME Sector-Small Biz-Economic Times https://ift.tt/30qMCv4
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RBI approves appointment of CoD to run Dhanlaxmi Bank till appointment of CEO

The committee of directors (CoD) will be constituted with Iyer as chairman and G Rajagopalan Nair and P K Vijayakumar as its members, RBI said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Sh49kD
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Banking

The committee of directors (CoD) will be constituted with Iyer as chairman and G Rajagopalan Nair and P K Vijayakumar as its members, RBI said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Sh49kD

April-August local steel usage lowest in 6 years

Exports steady boat, China top buyer

from The Hindu - Industry https://ift.tt/3l6w96S

Power generation rises for first time in 7 months

Easing COVID-19 curbs boost demand

from The Hindu - Industry https://ift.tt/2HPKwyf

‘Ads misleading children prevalent’

Almost 75% of respondents in a survey have said that in the past one year, they had come across advertisements for various applications and games tha

from The Hindu - Industry https://ift.tt/3cKYdKg