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Archives for May 2020

Flipkart elevates five executives to senior vice president

May 31, 2020 by cbn Leave a Comment

Flipkart elevates five executives to senior vice president

Illustration: Rahul Awasthi Walmart-owned e-commerce marketplace Flipkart has promoted five executives to the level of Senior Vice President. The elevations of Manish Kumar, Anand Lakshminarayanan, Ranjith Boyanapalli, Ravish Kumar Sinha and Ravi Iyer were announced in an email sent by Flipkart Group CEO Kalyan Krishnamurthy on Sunday. This brings the total number of executives at […]

Filed Under: Uncategorized

US moves closer to visa fee hike

May 31, 2020 by cbn Leave a Comment

US moves closer to visa fee hike

A final proposal on visa fee increase, submitted by the US immigration agency last week with the US President’s office, is expected to hike the cost of an H-1B visa by 22% and that of the L-1 visa — used by technology companies to transfer employees between offices — by as much as 77%. The […]

Filed Under: Uncategorized

E-commerce firms test waters with sober discounts

May 31, 2020 by cbn Leave a Comment

E-commerce firms test waters with sober discounts

Illustration: Rahul Awasthi E-commerce companies have started showcasing small-scale promotional events to spur consumer demand, two weeks after restrictions on shipping products were relaxed across the country, in what analysts say is a sign of normalcy in a sector that typically drives sales through discounts. Over the weekend, Flipkart-owned fashion portal Myntra held its Month […]

Filed Under: Uncategorized

TikTok owner ByteDance to set up another corporate entity in India

May 31, 2020 by cbn Leave a Comment

TikTok owner ByteDance to set up another corporate entity in India

Illustration: Rahul Awasthi ByteDance is setting up a second corporate entity in India, as the Chinese multinational internet technology company looks to deepen its roots in Asia’s third-largest economy, among its most active markets globally. The new entity, according to two sources with knowledge of the developments, is likely to provide Information Technology and IT-enabled […]

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Trump reportedly held call with Mark Zuckerberg amid controversy over protest posts

May 31, 2020 by cbn Leave a Comment

Trump reportedly held call with Mark Zuckerberg amid controversy over protest posts

U.S. President Donald Trump makes a statement to reporters about reopening churches across the United States during the coronavirus disease (COVID-19) pandemic in the Brady Press Briefing Room at the White House in Washington, May 22, 2020. Leah Millis | Reuters President Donald Trump held a call with Facebook CEO Mark Zuckerberg on Friday, amid […]

Filed Under: Bookkeeping

Malaysia, Singapore defer high-speed rail project until year-end

May 31, 2020 by cbn Leave a Comment

Malaysia, Singapore defer high-speed rail project until year-end

KUALA LUMPUR (Reuters) – Malaysia and neighbouring Singapore said on Sunday they had agreed to suspend until Dec. 31 a high-speed rail (HSR) project between Malaysia’s capital, Kuala Lumpur, and the city-state, to allow discussion of changes. Analysts estimate the project, first announced by both nations in 2013, will cost about $17 billion, though the […]

Filed Under: Financial Planning

Amazon removes racist messages after they appear on some product listings

May 31, 2020 by cbn Leave a Comment

Amazon removes racist messages after they appear on some product listings

Amazon said it was removing certain images after messages using extremely strong racist abuse appeared on some listings on its UK website when users searched for Apple’s AirPods and other similar products. The message sparked outrage on Twitter, with the topic “AirPods” trending in the United Kingdom. “We are removing the images in question and […]

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Feud between Donald Trump and Jack Dorsey can have long-lasting effects on how we consume media in India

May 31, 2020 by cbn Leave a Comment

Feud between Donald Trump and Jack Dorsey can have long-lasting effects on how we consume media in India

With close to 670 million active internet connections, today more Indians consume media through digital modes. This practically means a content feed based on the social media platform of your choice. It may be Facebook, Twitter, Instagram, YouTube, TikTok, Share-Chat or even WhatsApp. India has the highest number of users and views on several of […]

Filed Under: Uncategorized

SpaceX launches two NASA astronauts to space for the first time in historic US mission

May 30, 2020 by cbn Leave a Comment

SpaceX launches two NASA astronauts to space for the first time in historic US mission

CAPE CANAVERAL, Fla. — SpaceX has begun a new chapter in the history of United States spaceflight. Elon Musk’s private space company on Saturday launched NASA astronauts Bob Behnken and Doug Hurley into orbit, successfully beginning SpaceX’s first crewed mission. The company’s Falcon 9 rocket and Crew Dragon spacecraft took off from NASA’s Kennedy Space […]

Filed Under: Bookkeeping

SpaceX launches two NASA astronauts to space for the first time in historic U.S. mission

May 30, 2020 by cbn Leave a Comment

SpaceX launches two NASA astronauts to space for the first time in historic U.S. mission

An American flag is seen as SpaceX Falcon 9 rocket and Crew Dragon spacecraft carrying NASA astronauts Douglas Hurley and Robert Behnken lifts off during NASA’s SpaceX Demo-2 mission to the International Space Station from NASA’s Kennedy Space Center in Cape Canaveral, Florida, U.S. May 30, 2020. Thom Baur | Reuters CAPE CANAVERAL, Fla. — […]

Filed Under: Bookkeeping

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