June 2020 (Page 2)

A government order asking to stock up two months’ supply of LPG cylinders in Valley has sparked speculations, especially in the wake of the LAC face-off, with NC leader questioning the need for such a move.

According to the June 27 order issued by the director of the Food, Civil Supplies and Consumer Affairs Department in Kashmir, an adviser to Jammu and Lt Governor G C Murmu has passed directions in a meeting on June 23 “to ensure sufficient stocks of LPG in the valley as the supply of the same gets affected due to closure of the National Highway on account of frequent landslides”.

Describing the order as a “matter most urgent”, the director asked the to make adequate stocks of LPG which can last up to two months both

(Sebi) staffers have expressed their displeasure with the market regulator for considering external candidates for the post of executive director (ED).

The Employee Association (SEA) sent a letter, dated June 26, to chairman Ajay Tyagi saying “external candidates may be considered only when no suitable internal candidates are available”. On this very day, had put out an advertisement inviting applications for recruitment of two EDs on contractual or deputation basis for a three-year period and asked candidates to apply by July 17.

There are eight EDs at Sebi, of which the contracts of two — Sujit Prasad and Anand Baiwar — are ending in October and November, respectively. However, the total sanctioned strength for the post is nine.

This is not the first time when employees have raised concerns on hiring

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By any metric, is a failure.

The mobile-video platform hit #1,477 in the IOS app store’s rankings in early June. Advertisers are renegotiating due to low viewership. Even founder Jeffrey Katzenberg expressed disappointment. Two months after launch, he stated that, “It’s not up to what we wanted. It’s not close to what we wanted.”

How did this happen? 

At first glance, Quibi’s success seems guaranteed.

They had the leadership. Jeffrey Katzenberg and are at the helm. They’re two of the biggest names in tech and . Katzenberg co-founded Dreamworks. Whitman was the CEO of Hewlett-Packard and eBay. A short-form mobile-video platform should be up their alley.

They had the money. The duo raised a $1.8 billion war chest. A who’s who of Hollywood and tech invested, including

The economy is facing unprecedented disruption and uncertainty due to the Covid-19 pandemic. In response, the government has announced certain relief measures. One such measure is reducing the interest liability on payments falling due between March 20 and June 29, but paid by June 30, 2020. However, the government had not extended the due date for payment of the first instalment of

To provide readers with some context, is a mechanism by which the government collects income tax in instalments, spread during the financial year in which the income is earned or received. receipts help the government to get a constant flow of tax revenue on an ongoing basis in order to meet its obligations.

The first instalment of advance tax was due by June 15, 2020. According to the Covid-19 relief measures, if this first instalment of

This crisis has created a host of opportunities to recover with more favorable and equitable terms for everyone.

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4 min read

Opinions expressed by Entrepreneur contributors are their own.

During times of crisis, it’s vital that we find ways to creatively keep employees on payroll rather than going on . is known for its , but when the answer is to disaster is to mitigate corporate risk, there is a clear disconnect in what is best for this country.

I’m the head of a talent development organization that works with companies as small as 60 employees and up to the enterprise level. The instability of corporate headcount planning in companies that are 15+ years old with anywhere from 2,000-80,000 employees is real. Though there is less volatility than we

A joint move by and RBI for liquidity window to the has helped induce confidence in the system, though not much demand for the scheme was seen, the capital market regulator said on Saturday.

In view of the possible redemption pressure that the mutual fund industry may face after the abrupt winding up of six debt schemes of Franklin Templeton Mutual Fund, the central bank announced a special liquidity window of Rs 50,000 crore for in April end.

“The move by & RBI jointly to extend a liquidity window to helped build confidence in the system, though not much use was made of the window,” an Indian Chamber of Commerce statement quoted whole-time director G Mahalingam as saying.

No further details on this was shared.

Mutual Funds need