Skip to main content

Posts

Showing posts from September, 2021

We have decoded real pain points of SMBs: Shailendra Katyal, managing director, Lenovo India

In terms of pure operations, we saw SMBs being challenged in trying to manage remote working and finding digital channels of selling as many of them were still in a traditional offline mode with not adequate investments in digitisation. from The Financial Express https://ift.tt/3m9B5u7 https://ift.tt/eA8V8J Sudhir Chowdhary

Ujjivan SFB: Maintain ‘hold’, collection efficiency continues to trend well

GNPL increased to 11.9%, but PAR portfolio across buckets continued to reduce substantially. PAR 0 fell to 21.7% by Aug’21 (30.8% in June’21), a reduction of Rs7.25billion during Jul’21-Aug’21, primarily led by improved collections. from The Financial Express https://ift.tt/3uoZorp https://ift.tt/eA8V8J ICICI Securities

FOX BIZ NEWS: Phantom Space, John Deere's Ingenu to build 72-satellite constellation

Phantom Space, John Deere's Ingenu to build 72-satellite constellation Phantom Space, a Tucson, Arizona-based space transportation and rocket manufacturing startup, has reached a deal valued at up to $240 million to design, build and launch a 72-satellite constellation that will carry Industrial Internet of Things (IIoT) payloads for John Deere subsidiary Ingenu. via FOX BUSINESS NEWS https://ift.tt/3ikMFBj

FOX BIZ NEWS: YouTube banning all anti-vaccine content contributing to misinformation

YouTube banning all anti-vaccine content contributing to misinformation YouTube is banning all content the platform says is spreading misinformation about the COVID-19 vaccine. via FOX BUSINESS NEWS https://ift.tt/3unsuaI

Tax Talk: Not every gift is exempt from tax

While all monetary gifts are covered, the Act restricts its scope in case of the non-monetary gifts only to land, building, shares and securities, jewellery, archaeological collections, drawings, paintings, sculptures, any work of art and bullion. from The Financial Express https://ift.tt/3AP7MD2 https://ift.tt/eA8V8J

FOX BIZ NEWS: United Airlines vaccination mandate temporarily halted for employees seeking religious or medical exemptions

United Airlines vaccination mandate temporarily halted for employees seeking religious or medical exemptions United Airlines agreed to temporarily halt its plans to place employees who submit exemption requests from its COVID-19 vaccine requirement on unpaid leave, according to attorneys representing employees in a lawsuit. via FOX BUSINESS NEWS https://ift.tt/2YbWzhI

FOX BIZ NEWS: Blackstone to sell The Cosmopolitan resort and casino for $5.65B

Blackstone to sell The Cosmopolitan resort and casino for $5.65B MGM would also enter into a long-term lease agreement with a partnership among Stonepeak Partners, Cherng Family Trust and Blackstone Real Estate Income Trust Inc, which will acquire The Cosmopolitan's real estate assets. via FOX BUSINESS NEWS https://ift.tt/2XZJOXO

FOX BIZ NEWS: Brock Pierce: Cryptos are ‘largest’ but not only asset class in my portfolio

Brock Pierce: Cryptos are ‘largest’ but not only asset class in my portfolio Bitcoin Foundation Chairman Brock Pierce discusses bitcoin, government spending, investing and the markets. via FOX BUSINESS NEWS https://ift.tt/3zO9IdU

FOX BIZ NEWS: NYU students speaks out against Instagram's toxicity: 'Time to reclaim our autonomy'

NYU students speaks out against Instagram's toxicity: 'Time to reclaim our autonomy' NYU student Rikki Schlott speaks out against Instagram and whether social media companies can change to become less toxic for teenage girls, arguing parents and young people 'need to take back charge.' via FOX BUSINESS NEWS https://ift.tt/3m07anO

FOX BIZ NEWS: EXPLAINER: Why Facebook is holding off on kids' Instagram

EXPLAINER: Why Facebook is holding off on kids' Instagram Facebook said Monday it will "pause" its work on a kids' version of its photo and video-oriented Instagram app. via FOX BUSINESS NEWS https://ift.tt/3m1fcwS

Federal Bank launches contactless credit card

Virtually launching the card, Shalini Warrier, the bank’s executive director & business head- retail, said, “Federal Bank has, yet again, ensured that the mantra of ‘Digital at the fore, human at the core’ comes to life via this latest offering, the RuPay credit card. from The Financial Express https://ift.tt/3zLvYFb https://ift.tt/eA8V8J FE Bureau

FOX BIZ NEWS: TikTok surpasses 1 billion monthly active users globally

TikTok surpasses 1 billion monthly active users globally The milestone comes after TikTok was nearly banned from the U.S. after being hit with an executive order from the Trump administration in August 2020. via FOX BUSINESS NEWS https://ift.tt/3m4jjs3

FOX BIZ NEWS: Blue Origin unveils date, first two crew members for October suborbital spaceflight

Blue Origin unveils date, first two crew members for October suborbital spaceflight The suborbital spaceflight, scheduled to liftoff at 9:30 a.m. Eastern Time from Blue Origin's Launch Site One in West Texas, will carry a crew of four, including former NASA engineer Dr. Chris Boshuizen and health care technology executive Glen de Vries. via FOX BUSINESS NEWS https://ift.tt/3uohr11

FOX BIZ NEWS: How are vaccine mandates affecting hospital staffing?

How are vaccine mandates affecting hospital staffing? Erie County Medical Center Corporation CEO and President Tom Quatroche provides insight into vaccine mandates in New York. via FOX BUSINESS NEWS https://ift.tt/3idQCHV

Future-ready: BPCL plans Rs 1-lakh-crore investment in 5 years

Chairman Arun Kumar Singh told reporters on Monday after the annual general meeting that the company was looking to create a 1,000 MW portfolio of renewable power generation capacity, mostly through acquisitions while it would also invest in bio-fuels and hydrogen. from The Financial Express https://ift.tt/3ugX5Xn https://ift.tt/eA8V8J FE Bureau

FOX BIZ NEWS: Gov. DeSantis to investigate Facebook for alleged violations of election laws

Gov. DeSantis to investigate Facebook for alleged violations of election laws Gov. Ron DeSantis has directed Florida's secretary of state to investigate Facebook over allegations that the social media giant may have violated the state's election laws. via FOX BUSINESS NEWS https://ift.tt/2XWjkFS

FOX BIZ NEWS: Sen. Marshall on Biden saying economic agenda is paid for: 'Grab your wallet'

Sen. Marshall on Biden saying economic agenda is paid for: 'Grab your wallet' Sen. Roger Marshall, R-Kansas slammed President Biden’s economic plan on "Cavuto: Coast to Coast." via FOX BUSINESS NEWS https://ift.tt/3EZRXf8

FOX BIZ NEWS: Debt-limit standoff could force fed to revisit emergency playbook

Debt-limit standoff could force fed to revisit emergency playbook If a political standoff in Congress fails to raise the federal debt limit, the Fed could utilize a crisis-management playbook Federal Reserve officials created years ago to continue paying its bills. via FOX BUSINESS NEWS https://ift.tt/3CRm470

FOX BIZ NEWS: Germany Elections: Social Democrats hold narrow lead in exit polling

Germany Elections: Social Democrats hold narrow lead in exit polling Germany’s center-left Social Democrats and outgoing Chancellor Angela Merkel’s center-right bloc both laid claim Sunday to lead the country’s next government as projections showed the long-time leader’s party heading for its worst-ever result in a national election. via FOX BUSINESS NEWS https://ift.tt/3ia0B11

FOX BIZ NEWS: FedEx employee out after posting TikTok rant vowing not to deliver to homes supportive of Biden, BLM or Harris

FedEx employee out after posting TikTok rant vowing not to deliver to homes supportive of Biden, BLM or Harris A former FedEx employee is out of the job after posting a profanity-laced rant on TikTok in which he vowed never to deliver packages to the homes of people who support, President Joe Biden, Vice President Kamala Harris, or Black Lives Matter. via FOX BUSINESS NEWS https://ift.tt/3zJrcb2

FOX BIZ NEWS: Huawei exec's release to China under Biden admin shows 'strategic retreat'

Huawei exec's release to China under Biden admin shows 'strategic retreat' Schweizer said there is 'no question' President Biden has a conflict of interest with China via FOX BUSINESS NEWS https://ift.tt/2XNJ5Iz

FOX BIZ NEWS: Moderates and progressives soften negotiating stances as Pelosi predicts major progress on Dems' agenda

Moderates and progressives soften negotiating stances as Pelosi predicts major progress on Dems' agenda House Speaker Nancy Pelosi discussed Democrats' $3.5 trillion spending plan and the bipartisan infrastructure bill on ABC's 'This Week.' via FOX BUSINESS NEWS https://ift.tt/3o7Tmua

Central assistance eligibility: States owe Rs 1.6 lakh crore to discoms as subsidies, power dues

Overdues — outstandings of 45 to 60 days — owed by discoms to private and central government generators across the country stood at around Rs 95,000 crore at August-end, down from Rs 1.27 lakh crore the end of January. from The Financial Express https://ift.tt/3i7Y0oe https://ift.tt/eA8V8J Anupam Chatterjee

FOX BIZ NEWS: Ransomware shame: More than half of business owners conceal cyber-breach

Ransomware shame: More than half of business owners conceal cyber-breach The ransomware scourge may be even worse than widely believed as most business executives hide cyberattacks, a new survey says. via FOX BUSINESS NEWS https://ift.tt/2WbwQVI

FOX BIZ NEWS: Powell, Yellen testify, Government shutdown deadline, GDP & Amazon event top week ahead

Powell, Yellen testify, Government shutdown deadline, GDP & Amazon event top week ahead In the week ahead, the deadline to avert a government shutdown looms as Fed Chair Powell and Treasury Secretary Yellen head to Capitol Hill. Investors are also waiting on Warby Parker’s IPO and Amazon’s hardware update. via FOX BUSINESS NEWS https://ift.tt/2WinRlQ

The venture growth segment remains relatively untapped: Sameer Nath, Managing Partner, TrueScale Capital

Axio operates in a $12 billion global market that has seen limited innovation. It is delivering pathbreaking products across 40+ countries eliminating technology risk, and it has secured two US FDA and two EU CE approvals eliminating regulatory risk. from The Financial Express https://ift.tt/3ETTyDf https://ift.tt/eA8V8J Sudhir Chowdhary

Between sips: Good old days are back; life is returning to normal, even with masks on

Pumpkin Tales deserves a mention for its laidback yet food-focused brand of F&B which delivers consistently good Asian (and continental) grub every time at a very affordable price point (shout out for their new dim sum menu and sour dough pizzas a la Chef Chindi). from The Financial Express https://ift.tt/3CLYwjL https://ift.tt/eA8V8J Magandeep Singh

FOX BIZ NEWS: Rubio targets 'woke' companies with new bill granting more shareholder power to fight back

Rubio targets 'woke' companies with new bill granting more shareholder power to fight back Florida Republican Sen. Marco Rubio introduced a bill this week that aims to challenge corporate spending of shareholder dollars for causes he described as “woke” social policy actions. via FOX BUSINESS NEWS https://ift.tt/3kHqEye

Report leak: Probe to continue, Delhi High Court raps Google for writing to CCI chief

"There are accusations against a government body and there is not a word (in Google's affidavit) showing when and how it was done... They are trying to frustrate the proceedings. If they are aggrieved, they should file a suit against (the media)," the law officer said. from The Financial Express https://ift.tt/3i5kNkw https://ift.tt/eA8V8J FE Bureau

FOX BIZ NEWS: United Airlines slapped with large fine for tarmac delays

United Airlines slapped with large fine for tarmac delays United Airlines was slapped with a $1.9 million fine by the Department of Transportation (DOT) Friday for violating regulations on how long passengers can be stuck on the tarmac. via FOX BUSINESS NEWS https://ift.tt/3i58pBa

FOX BIZ NEWS: Biden backs tax on billionaires' unrealized investment gains

Biden backs tax on billionaires' unrealized investment gains President Biden said Friday he supports a Democratic proposal to tax billionaires annually on their unrealized investment gains. via FOX BUSINESS NEWS https://ift.tt/39ByjYw

FOX BIZ NEWS: House Dems prepare to vote on infrastructure, reconciliation bills next week

House Dems prepare to vote on infrastructure, reconciliation bills next week Top House Democrats are barreling forward with a plan to bring up both a $1 trillion bipartisan infrastructure bill and a massive $3.5 trillion tax and spending plan for a vote next week even as an intraparty war threatens to torpedo both measures. via FOX BUSINESS NEWS https://ift.tt/3EPyAFL

FOX BIZ NEWS: NTSB requests photos, videos of Tesla crash near Miami

NTSB requests photos, videos of Tesla crash near Miami National Transportation Safety Board investigators asked Miami-area residents on Thursday for information regarding the aftermath of a fatal crash involving a Tesla vehicle in Florida earlier this month. via FOX BUSINESS NEWS https://ift.tt/3CJ0e5A

FOX BIZ NEWS: Moderna CEO says COVID-19 pandemic could be over in a year

Moderna CEO says COVID-19 pandemic could be over in a year Moderna, Inc. CEO Stéphane Bancel reportedly said that he believes the COVID-19 pandemic could be over in a year as vaccine production continues. via FOX BUSINESS NEWS https://ift.tt/3CAGd0E

FOX BIZ NEWS: Whistleblower behind 'Facebook files' will reveal identity, cooperate with Congress: source

Whistleblower behind 'Facebook files' will reveal identity, cooperate with Congress: source A Wall Street Journal investigation detailed Facebook’s intimate knowledge of flaws that riddle its system – flaws that can cause harm. via FOX BUSINESS NEWS https://ift.tt/2XKkB2J

FOX BIZ NEWS: China now owns two-thirds of chip manufacturing industry: Expert

China now owns two-thirds of chip manufacturing industry: Expert Automotive sector analyst Lauren Fix on the wide-ranging impact the chip shortage has on auto, gaming and phone production. via FOX BUSINESS NEWS https://ift.tt/3zyRX1N

FOX BIZ NEWS: Olive Garden-parent leans on pasta chain in inflation balloon

Olive Garden-parent leans on pasta chain in inflation balloon Darden Restaurants Inc. is looking for a boost from its Olive Garden chain to help the company navigate the current period of higher inflation. via FOX BUSINESS NEWS https://ift.tt/3lWhkps

FOX BIZ NEWS: Entrepreneur betting on real estate changing 'forever'

Entrepreneur betting on real estate changing 'forever' June Homes founder and CEO Daniel Mishin explains how the short-term rental company is growing to meet demand. via FOX BUSINESS NEWS https://ift.tt/3zChKWQ

FOX BIZ NEWS: Regulatory framework 'needs to happen in crypto space': Spotlight Investment Group CIO

Regulatory framework 'needs to happen in crypto space': Spotlight Investment Group CIO Spotlight Investment Group CIO Shana Sissel discusses SEC Chairman Gary Gensler's comments on cryptocurrency's longevity and athletes converting their salaries into cryptocurrency. via FOX BUSINESS NEWS https://ift.tt/2Zdsezy

FOX BIZ NEWS: Apple, Google raise new concerns by yanking Russian app

Apple, Google raise new concerns by yanking Russian app When the Kremlin requested that a pro-democratic Russian app be taken down by Big Tech, Google and Apple raised eyebrows by fulfilling that request. via FOX BUSINESS NEWS https://ift.tt/3u2TGLE

FOX BIZ NEWS: Billionaire investor John Paulson's divorce puts stock holdings at stake

Billionaire investor John Paulson's divorce puts stock holdings at stake Billionaire investor John Paulson's stock portfolio is at stake in what is expected to be one of the most expensive divorces of all time. via FOX BUSINESS NEWS https://ift.tt/3o1Z3tE

FOX BIZ NEWS: Tom Homan slams DHS Chief Mayorkas as ‘secretary of insecurity’

Tom Homan slams DHS Chief Mayorkas as ‘secretary of insecurity’ Tom Homan rips the Biden administration and DHS Sec. Mayorkas over their response to the border crisis. via FOX BUSINESS NEWS https://ift.tt/3zBcjaK

FOX BIZ NEWS: $5.9M ransomware attack on major agriculture group poses risk to US grain, pork, chicken supply

$5.9M ransomware attack on major agriculture group poses risk to US grain, pork, chicken supply The U.S. grain, pork and chicken supply could be at risk after a ransomware attack on New Cooperative Inc. has forced the Iowa-based agriculture services provider's systems to go offline. via FOX BUSINESS NEWS https://ift.tt/3hUdsUX

FOX BIZ NEWS: Bitcoin tumbles as China jitters hit crypto market

Bitcoin tumbles as China jitters hit crypto market Mitt Blockchain CEO Grant Mitterlehner discusses the impact of China's Evergrande on U.S. markets, Bitcoin and future regulation for cryptocurrency. via FOX BUSINESS NEWS https://ift.tt/3m2nS6n

FOX BIZ NEWS: Report from anti-tax group warns that $3.5 trillion spending plan would hit economic output, hurt savings

Report from anti-tax group warns that $3.5 trillion spending plan would hit economic output, hurt savings A new report from a conservative anti-tax group is warning of a massive loss in economic output and a significant hit to middle-class families if the tax hikes that accompany a $3.5 trillion Democratic spending proposal is signed into law. via FOX BUSINESS NEWS https://ift.tt/3tXA3F1

FOX BIZ NEWS: Ben & Jerry's declares policing 'racist,' backs Cori Bush's policing bill

Ben & Jerry's declares policing 'racist,' backs Cori Bush's policing bill Ben & Jerry’s declared U.S. policing is "violent, racist, ineffective, and punitive" while launching a new ice cream flavor in support of a public safety bill by Rep. Cori Bush, D-Mo., on Monday. via FOX BUSINESS NEWS https://ift.tt/3zp2Z9P

FOX BIZ NEWS: Top House Dem confident infrastructure and reconciliation bills will pass despite intraparty battles

Top House Dem confident infrastructure and reconciliation bills will pass despite intraparty battles Despite a wide gulf between moderate and progressive Democrats, at least one top Democrat says they have the votes to pass both the infrastructure bill and the reconciliation bill. via FOX BUSINESS NEWS https://ift.tt/3kuoFxm

FOX BIZ NEWS: Democrats to link debt limit suspension with must-pass spending bill

Democrats to link debt limit suspension with must-pass spending bill The House could act as early as this week, as Democrats rush to avert a government shutdown and avoid a debt default, while simultaneously crafting a partisan $3.5 trillion tax and spending bill. via FOX BUSINESS NEWS https://ift.tt/3EFSlzB

Maintain ‘buy’ on Petronet with a fair value of Rs 310

The company’s return profile remains strong, with ROE/ROCE at 25–26%/21–23% over FY21–24E. We maintain 'buy'. As highlighted in its annual report, the company is embarking on a major diversification journey, which we discussed with the management today. from The Financial Express https://ift.tt/3tZrObh https://ift.tt/eA8V8J Motilal Oswal

FOX BIZ NEWS: Homebuilders join chorus of supply chain warnings

Homebuilders join chorus of supply chain warnings America’s largest homebuilders are warning that supply chain disruptions caused by COVID-19 are not going away anytime soon. via FOX BUSINESS NEWS https://ift.tt/3kt7koa

FOX BIZ NEWS: Texas AG rips admin’s handling of migrant crisis: Joe Biden 'invited them in,' in violation of federal law

Texas AG rips admin’s handling of migrant crisis: Joe Biden 'invited them in,' in violation of federal law Texas Attorney General Ken Paxton discusses the Biden administration's mishandling of the border. via FOX BUSINESS NEWS https://ift.tt/3lPcY3L

FOX BIZ NEWS: Democrats' HR4 voting rights bill boosted by liberal dark money group financed by foreign national

Democrats' HR4 voting rights bill boosted by liberal dark money group financed by foreign national A dark money group funded by a Swiss billionaire foreign national is spending heavily to lobby moderate Democrats to support voting rights legislation that would strengthen a landmark civil rights-era voting law, filings show. via FOX BUSINESS NEWS https://ift.tt/3AvUUl5

FOX BIZ NEWS: Treasury to sanction SUEX virtual currency exchange over ransomware transactions

Treasury to sanction SUEX virtual currency exchange over ransomware transactions Treasury Department on Tuesday will impose sanctions on the virtual currency exchange SUEX OTC, S.R.O. after determining it has “facilitated transactions involving illicit proceeds,” officials said. via FOX BUSINESS NEWS https://ift.tt/3hST3Q8

FOX BIZ NEWS: Rep. Van Drew slams Biden's 'bizarre' America: 'I literally feel like I'm in ‘The Matrix'’

Rep. Van Drew slams Biden's 'bizarre' America: 'I literally feel like I'm in ‘The Matrix'’ Rep. Jeff Van Drew, R-N.J., joined "Mornings with Maria," Tuesday, suggesting that Biden’s "bizarre" policies are making him ‘worry’ about our country, arguing "we are on the edge, and we’ve got to come back." Van Drew made these comments ahead of the president’s address with the United Nations amid foreign policy issues. via FOX BUSINESS NEWS https://ift.tt/3tXNG72

FOX BIZ NEWS: Sen. Cramer on UN address: Biden likes to ‘apologize’ for US

Sen. Cramer on UN address: Biden likes to ‘apologize’ for US Sen. Kevin Cramer on what to expect from Biden’s U.N. General Assembly address. via FOX BUSINESS NEWS https://ift.tt/3lN8k62

FOX BIZ NEWS: Homan slams DHS Chief Mayorkas, Biden admin for ‘lying from the beginning’ about border crisis

Homan slams DHS Chief Mayorkas, Biden admin for ‘lying from the beginning’ about border crisis Former Acting ICE Director Tom Homan blasted the Biden administration for "lying" about the border crisis as it continues to surge under DHS Secretary Mayorkas’ leadership, arguing "they’re running out of excuses" during an appearance on "Cavuto: Coast to Coast" Monday. via FOX BUSINESS NEWS https://ift.tt/2XAGJfV

FOX BIZ NEWS: White House mum on Powell Fed reappointment

White House mum on Powell Fed reappointment The White House is still mulling the potential renomination of Jerome Powell as chairman of the Federal Reserve, one of the most consequential economic decisions for President Biden in his first term. via FOX BUSINESS NEWS https://ift.tt/3Avav4C

FOX BIZ NEWS: Twitter to pay $809.5M to settle securities suit

Twitter to pay $809.5M to settle securities suit Twitter Inc. said it agreed to pay more than $800 million to settle a consolidated class-action securities lawsuit alleging the social-media company deliberately misled investors about user engagement in 2015. via FOX BUSINESS NEWS https://ift.tt/39lIobQ

FOX BIZ NEWS: Stocks could drop 20% or more: Morgan Stanley

Stocks could drop 20% or more: Morgan Stanley The chances of a 20% or greater pullback in the S&P 500 are becoming more likely, according to Morgan Stanley. via FOX BUSINESS NEWS https://ift.tt/3zBVH2V

FOX BIZ NEWS: White House monitoring China's Evergrande

White House monitoring China's Evergrande While Evergrande is based in China, the White House is keeping close tabs on the situation. via FOX BUSINESS NEWS https://ift.tt/3tTUB1b