November 18, 2021

In her 2019 guide, Variety, Inc., The Failed Promise of a Billion-Greenback Enterprise, New York College journalism professor Pamela Newkirk reported that, regardless of billions of {dollars} spent yearly by firms, over many years, to diversify their workforces, little progress had been made. Though racial and ethnic minorities made up 38.8% of the US inhabitants in 2019, they accounted for under 4.5% of Fortune 500 CEOs, 9% of US legislation agency companions, 16% of Fortune 500 board members, 16.6% of US newsroom journalists, and 17% of full-time college professors within the US. Related inequities—with respect to not simply race and ethnicity, but additionally gender, age, incapacity, and different components—have been documented around the globe. As an illustration, the Worldwide Labour Group studies that ladies take part within the workforce at a price 26% decrease than that of males (and in some locations, 50% decrease).

The COVID-19 pandemic hit just a

The 2021 information signifies a robust rebound in India-US bilateral commerce, in response to a US official.

US Consul Basic Judith Ravin stated the expansion in financial ties between the 2 nations has been extraordinary, with commerce exploding from roughly USD 20 billion in 2001 to only over USD 145 billion in 2019.

Even because the pandemic has taken its toll on commerce, the US stays India’s greatest buying and selling accomplice and largest export market, she famous in her digital deal with at India-U.S. Tech Conclave in Bengaluru Tech Summit 2021, which commenced on Wednesday.

“The 2021 information signifies a robust rebound, and if it continues, we might be on observe to exceed our 2019 numbers”, Ravin stated.

As well as, she stated, U.S. firms proceed to be the most important supply of

Escorts was buying and selling at a recent all-time excessive after Japan-based Kubota Company acquired stake within the firm.

In response to a launch issued by Escorts to the BSE, the corporate has raised Rs 1,872.74 crore by the use of preferential challenge of 96.64 lakh fairness shares to Kubota at Rs 2,000 per share. Pursuant to the stake acquistion, Kubota shall be making an open supply to accumulate additional stake within the firm.

The inventory registered a all-time excessive at Rs 1,793, and was quoted at Rs 1,760 – up 8 per cent on the BSE. The counter had seen trades of round 4 lakh shares thus far.

“Kubota takeover is optimistic for Escorts, as it’s going to end in know-how/new product help for Agri and Development Tools divisions. Exports may obtain a lift on account of widening product