The COVID-19 crisis has shown the importance of international cooperation on humanitarian issues and the two strategic partners have been working together under the G20 as well as in the WHO on finding ways to check the spread of the coronavirus, the ambassador said. … [Read more...] about India will have to play key role in mass production of COVID-19 vaccine: French envoy
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As an investor in early-stage technology startups, I’m excited by the possibility of seeing something new. We’re often reluctant to look seriously at companies in the social networking space because competing with the incumbents seems virtually impossible. But Facebook, YouTube, Twitter, and Snap aren’t going to be able to convert their business models overnight. They’re going to spend a few years fighting this issue in Congress and in the courts. And they’re going to do everything possible to prove that they’re not monopolistic and don’t deserve antitrust scrutiny and regulation, which will limit their willingness to squash innovation. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?
Organisations such as Fashion Revolution India encourage eschewing fast fashion fixes and investment in locally crafted and Fairtrade pieces by sustainable brands. “A lot of the independent and sustainable brands are asking their communities to buy gift cards for future orders so that the artisans can continue producing,” says Dusanj. “We have worked with incredible independent brands like Iro Iro zero waste in Jaipur, Ka-Sha in Pune and Bodice in Delhi for our Fashion Open Studio dialogues so that our audiences understand the commitment these brands have to sustainability.” … [Read more...] about Coronavirus lockdown | India’s 7-million strong artisans’ community faces supply disruptions, cancelled orders & financial hardships
Currently, Intas has over 10,000 product registrations worldwide. In India, it has established leadership in key therapeutic segments like CNS, cardiovascular, diabetology, gastroenterology, urology and oncology. In terms of revenues, it registered a CAGR ( compounded annual growth rate) of 25.5 percent between 2012 and 2019 and clocked $1.88 billion in revenues as of March 2019, according to its website. … [Read more...] about Exclusive | PE firm ChrysCapital to buy out Capital International’s stake in Intas Pharmaceuticals
We were surprised in the 2008 crisis as well. It started with pointing at excessive compensation levels in the financial services industry. The industry even showed the temerity to distribute the initial bail-out money as bonuses. Investigations showed how investment bankers, credit rating agencies and analysts had set up the game in such a way that all gains were theirs and losses were socialised. Then we saw rigging of LIBOR interest rates, the reference for pricing most financial contracts across the world. LIBOR is computed by polling prestigious financial firms and they had cartelised to report lower rates than the actual which enabled them to report lower interest costs and higher profits. These revelations are leading to wide-scale changes in setting the reference or benchmark interest rates, a development which has mostly been ignored by the media. … [Read more...] about Opinion | The role of culture and values in financial crises