“It’s a chain reaction. If the end consumer loses appetite, the effect will go right up to the producer. This is an extraordinary time, and the problem is so widespread that it’s hard for anybody in the middle to absorb the shock,” a GAIL executive told the paper. … [Read more...] about Coronavirus impact | Energy firms receive force majeure notices from customers: Report
Date to file Q4 and annual earnings with the exchanges was extended by SEBI from May 31 to June 30. Trading is shut from April 1 till 48 hours after declaration of the Q4 results as insiders usually are in possession of unpublished annual financials for FY20. … [Read more...] about SEBI tightens rules; promoters, insiders not allowed to buy shares until June 30: Report
According to officials the GDP series captures it well because of the data from surveys of the household economy covering both assets (through the debt and investment survey), expenditure and establishment activity. Black money is not value addition. It is how much of this should have been assessed to tax and was therefore not paying tax. That is a much more difficult question to answer. … [Read more...] about Fresh Row: What is India’s GDP and how is it calculated?
Change laws that block local action It is an outrage that not every community even has the choice to provide a public option. Today, 19 states have legal barriers or even full prohibitions against municipal broadband networks, as a result of intense lobbying of state legislatures by existing private internet service providers. In Chattanooga, one of the pioneers of publicly owned and operated fiber optic internet service, Comcast unsuccessfully sued the city’s electric power board multiple times in an attempt to block construction. Harold DePriest, former head of the Electric Power Board, put it this way: “It turns out, the existing providers don’t compete in the marketplace as much as they compete in the courts and legislature.” Once he was freed to compete, the Electric Power Board captured more than 60% of the market and was able to provide permanent, low-cost, and even free options to residents in need. … [Read more...] about Our lack of will to expand broadband access has left millions of students disconnected during closures
How do you manage your office teams now? How are you keeping your staff motivated? Could you share some unique experiences that you have had during these 10 days of the lockdown while dealing with your teams/colleagues or investors?Most of our interactions have always been digital. Work is mostly on Google Hangouts, phone calls, Zoom, and a lot of emails. Even before the lockdown, people and teams at Zerodha mostly kept in touch online using Google Hangouts and email. So not much has changed in that regard. … [Read more...] about Virtual Leaders | We face the risk of burning out if the lockdown lasts too long: Nithin Kamath of Zerodha