So questions have been raised on whether this trend can be sustainable since pent-up demand will eventually get exhausted and the market will have to then survive on the fundamental demand. Though manufacturers themselves are not able to clarify if the sales trend will sustain itself given the widespread disruption by COVID-19, some initial trends in retail off-take may provide a better understanding. … [Read more...] about This week in Auto: Has real demand picked up?
Jurisdiction gives federal courts the authority brainly
"In the second Petition again, the Adjudicating Authority provided several opportunities to the Corporate Debtor considering the scope of the settlement. However, after the failure of any hope of settlement, the Order of admission was passed against the corporate debtor," it noted. … [Read more...] about NCLAT upholds NCLT order to initiate insolvency against HDIL, rejects Rakesh Wadhwan’s plea
Crude oil prices halted the upside move the previous week after International Energy Agency said global oil demand should rebound in the coming quarter but warned that the recovery could be hindered by the accelerating number of coronavirus cases, risking our market outlook to the downside. … [Read more...] about Silver will continue to rise on strong demand, may hit Rs 57k in 2H CY20
The problem with CEOs What upsets me is how so few other CEOs take this view. The irony is that owners of smaller companies, such as Joe Fugere at our client Tutta Bella Neapolitan Pizzeria in Seattle, have demonstrated more willingness to sacrifice for their people than CEOs with vastly more resources. Amazon’s sales are up 26% and Jeff Bezos’s net worth has increased by $32 billion so far this year, and yet Amazon announced it’s cutting the measly $2 per hour hazard pay it had offered to its warehouse workers and drivers, and it has refused to give them sick leave. Laurene Powell Jobs is laying off 20% of the staff of The Atlantic, which she owns, despite a net worth of $25.5 billion. Elon Musk, who has added $13 billion to his net worth just so far this year but has furloughed employees and cut pay, is fighting stay-at-home orders and threatening to move Tesla’s headquarters out of California if he can’t resume production. Imagine what a huge … [Read more...] about I’m a tech CEO. Here’s why I’m not taking a salary during COVID-19