(Reuters) – Organizers said Friday they were canceling the 2020 New York auto show that had previously been pushed back until August, citing the ongoing coronavirus pandemic and the venue’s use as a field hospital. The show, which was initially set for early April and is typically used to unveil new vehicles, was set to […]
Archives for May 2020
Finally, home delivery of liquor gets BMC nod
The BMC on Friday finally issued orders allowing home delivery of liquor during the lockdown; across-the-counter sale remains barred. Deliveries will not be allowed in containment zones, or areas where a Covid-19 patient or his high-risk contacts live. While the order permits shops to operate from Friday midnight, a retail liquor vendors’ association said its […]
Cyber criminals leak personal data of 2.9 cr Indians on dark web for free
Representative Image Cyber criminals have posted personal data of 2.9 crore job-seeking Indians on dark web for free in one of the hacking forums, according to online intelligence firm Cyble. The company had recently revealed hacking of Facebook and Sequoia-funded Indian education technology firm Unacademy. “29.1 million Indian jobseekers’ personal details leaked in deepweb for […]
After FDI curbs, India plans stricter check on FPIs from China and HK
India is considering additional checks on foreign portfolio investments from China and Hong Kong after making prior government clearance mandatory for any foreign direct investment (FDI) from seven countries it shares land borders with, including China. The finance ministry is in talks with the commerce and industry ministry, Sebi and RBI on the proposed framework […]
New items in cart: Guitars and Robot Vacuums
Illustration: Rahul Awasthi Middle class and upper middle class Indians are not only buying less than before, they are also buying very different items — guitars and weights, e-readers and children’s books, and robotic vacuum cleaners and super mops are filling up online shopping carts. Buying patterns are largely getting dictated by life’s travails under […]
Lori Loughlin and husband Mossimo Giannulli plead guilty in college admissions scandal
Actress Lori Loughlin and her husband Mossimo Giannulli, wearing green tie at left, leave the John Joseph Moakley United States Courthouse in Boston on April 3, 2019. Pat Greenhouse | Boston Globe | Getty Images Actress Lori Loughlin and her fashion designer husband Mossimo Giannulli both pleaded guilty Friday to charges stemming from the U.S. college admissions […]
IAASB addresses pandemic issues in audit practice alert
The International Auditing and Assurance Standards Board (IAASB) published a staff audit practice alert Friday that is designed to highlight key areas of focus for auditor reporting related to the coronavirus pandemic. The alert highlights potential implications for auditor and interim review reports related to the pandemic that include: Modifications to the auditor’s opinion due […]
800% surge in VA telehealth visits during COVID-19 pandemic with a boost from T-Mobile
Nearly 20,000 vets connect daily with the VA’s telehealth app thanks to a two-year partnership. Telehealth visits have become the new normal during the coronavirus, and the US Department of Veterans Affairs has nearly 20,000 telehealth visits daily, an 800% increase since before the pandemic. About two years ago, T-Mobile and the VA formed a […]
Restaurants to steer towards delivery & takeaway model in post Covid-19 era
Digital delivery and pre-order takeaway will gain prime focus of restaurants in post Covid-19 era to stay financially viable amid strict social distancing norms, said leading hospitality firms such as Massive Restaurants, Jubilant Foodworks, Wow! Momo Foods and Chaayos at a webinar hosted by Retailers Association of India (RAI) on the future of food business. […]
With remote work plan, Facebook dashes hopes of paycheck arbitrage
With Facebook‘s adoption of permanent remote work on Thursday, Chief Executive Mark Zuckerberg has untethered one of Silicon Valley’s biggest companies from the place that incubated it. But he also dashed a Silicon Valley dream: that tech workers would be able to take their generous salaries with them as they flee the Bay Area’s crushing […]