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Archives for June 2020

CCI rejects complaint against Swiggy; suggests disclosures on pricing to allay ‘misgivings’

June 22, 2020 by cbn Leave a Comment

CCI rejects complaint against Swiggy; suggests disclosures on pricing to allay ‘misgivings’

Competition Commission has rejected a complaint of alleged unfair business practices against Swiggy but suggested that the app-based food delivery platform can provide sufficient disclosures on pricing to allay any “misgivings”. Passing an order on allegations that Swiggy charges unreasonable and unfair prices from the customers, the Competition Commission of India (CCI) also said the […]

Filed Under: Uncategorized

Work-from-home boosts demand for study tables

June 22, 2020 by cbn Leave a Comment

Work-from-home boosts demand for study tables

Furniture companies, from Pepperfry and Godrej Interio to Transteel and Featherlite, are witnessing unprecedented demand for study tables and chairs as companies continue to encourage their employees to work from home because of the pandemic. For online company Pepperfry, study tables and chairs currently account for 35-40% of its business. “Before the lockdown, the category […]

Filed Under: Uncategorized

AIR firms up ‘content improvement’ plans for Tibetan World Service, areas bordering China

June 22, 2020 by cbn Leave a Comment

AIR firms up ‘content improvement’ plans for Tibetan World Service, areas bordering China

Amid India-China standoff, the national broadcaster Prasar Bharati has firmed up its “content improvement” plans for All India Radio‘s Tibetan World Service, and for programmes transmitted in areas bordering China, especially in Ladakh, Arunachal Pradesh, and Sikkim. The content will now have more news-related programmes and commentary on national affairs. According to officials, this strategy […]

Filed Under: Uncategorized

E-comm sales volumes back at pre-Covid-19 levels

June 21, 2020 by cbn Leave a Comment

E-comm sales volumes back at pre-Covid-19 levels

India’s ecommerce industry has recovered about 90% of its overall order volumes since restrictions on shipping of non-essential products were relaxed in early May, according to industry estimates. The total value of items sold online, however, remains low as consumers continue to avoid large-ticket purchases in the wake of economic uncertainty occasioned by the ongoing […]

Filed Under: Uncategorized

Trump ‘furious’ about ‘underwhelming’ crowd at Tulsa rally

June 21, 2020 by cbn Leave a Comment

Trump ‘furious’ about ‘underwhelming’ crowd at Tulsa rally

President Donald Trump pumps his fist as he enters his first re-election campaign rally in several months in the midst of the coronavirus disease (COVID-19) outbreak, at the BOK Center in Tulsa, Oklahoma, U.S., June 20, 2020. Leah Millis | Reuters President Donald Trump is “furious” at the “underwhelming” crowd at his rally in Tulsa, Oklahoma, on […]

Filed Under: Bookkeeping

U.S. reports 30,000 daily coronavirus cases, highest number since May 1

June 20, 2020 by cbn Leave a Comment

U.S. reports 30,000 daily coronavirus cases, highest number since May 1

The U.S reported some 30,000 new coronavirus cases on Friday, the highest number of daily infections recorded since May 1, according to data compiled by Johns Hopkins University. New cases across the country are surging faster than ever, especially in states in the South, West and Midwest. Officials are warning that some clusters of infections […]

Filed Under: Bookkeeping

SBA, Treasury to publish names of some PPP loan recipients

June 20, 2020 by cbn Leave a Comment

SBA, Treasury to publish names of some PPP loan recipients

The U.S. Small Business Administration (SBA) and Treasury have agreed to publish the names and amount ranges for all recipients of Paycheck Protection Program (PPP) loans of $150,000 or more. In a news release issued Friday night, Treasury Secretary Steven Mnuchin and SBA Administrator Jovita Carranza said they had reached an agreement with the bipartisan […]

Filed Under: Accounting

Amazon signals entry into alcohol delivery in India with nod in key state

June 20, 2020 by cbn Leave a Comment

Amazon signals entry into alcohol delivery in India with nod in key state

Representative image Amazon has secured clearance to deliver alcohol in India’s eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S. e-commerce giant’s first foray into the country’s multi-billion-dollar sector. In a notice on Friday, West Bengal State Beverages, the authorised agency to carry out online retail of liquor trade […]

Filed Under: Uncategorized

Government warns against major upcoming phishing attack which promises free Covid-19 testing

June 20, 2020 by cbn Leave a Comment

Government warns against major upcoming phishing attack which promises free Covid-19 testing

The Indian government has issued an advisory to citizens warning them against a large scale phishing campaign which impersonate the Indian government and promises free Covid -19 tests and other resources. In return, they steal important personal and financial data of citizens. The malicious actors are claiming to have 2 million individual email addresses and […]

Filed Under: Uncategorized

Read SpaceX president Gwynne Shotwell’s email to employees about Juneteenth, diversity initiatives

June 20, 2020 by cbn Leave a Comment

Read SpaceX president Gwynne Shotwell’s email to employees about Juneteenth, diversity initiatives

SpaceX President and COO Gwynne Shotwell Jay Westcott / NASA SpaceX president and COO Gwynne Shotwell sent a company-wide email on Friday to clarify CEO Elon Musk‘s declaration about Juneteenth, as well as to tell employees about new diversity initiatives at the company. “Next year, Juneteenth will be an official company holiday,” Shotwell wrote in […]

Filed Under: Bookkeeping

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