At stake is New York’s financial health and its status as the world’s corporate headquarters. There is more square feet of workspace in the city than in London and San Francisco combined, according to Cushman & Wakefield, a real estate brokerage firm. Office work makes up the cornerstone of New York’s economy and property taxes from office buildings account for nearly 10% of the city’s total annual tax revenue. … [Read more...] about COVID-19 | Manhattan’s office buildings are empty. But for how long?
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Immigration experts also expect more documentation as the regulation is most likely to implement the 2010 and 2018 memos regarding employer-employee relationship. The IT industry won a huge victory early this year when a US court did away with the two memos the United States Citizenship and Immigration Services (USCIS) implemented. … [Read more...] about 2020 US elections: More at stake for IT/ITeS firms as Trump goes ahead with his immigration agenda
India was among the first to advocate the use of masks and face coverings as a public health measure. We were also among the earliest to create public awareness campaigns about social distancing. In record time, medical infrastructure was scaled up- be it Covid hospitals, ICU capacities and more. Starting from one testing lab in January, we now have around sixteen hundred labs across the country. … [Read more...] about Full text of PM Modi’s speech at US-India Strategic Partnership Forum
Ambani, chairman and managing director, RIL, said, the partnership with Facebook will make an important contribution to India’s economic recovery and resurgence in the shortest period of time in the post-Corona era. “All of us at Reliance are humbled by the opportunity to welcome Facebook as our long-term partner in continuing to grow and transform the digital ecosystem of India for the benefit of all Indians,” he said. … [Read more...] about Facebook buys 9.9% stake in Reliance Jio for Rs 43,574 crore in largest tech FDI
"We believe Jane is the right person to build on Mike’s record and take Citi to the next level. She has deep experience across our lines of business and regions and we are highly confident in her. Jane’s ability to think strategically and also operate a business are a unique combination that will serve our company well," John Dugan, the Chair of Citi's board, said in a statement. … [Read more...] about Here’s all you need to know about Citi’s new CEO Jane Fraser