Of the total 4,971 fatalities, Maharashtra tops the tally with 2,098 deaths followed by Gujarat (980), Delhi (398,) Madhya Pradesh (334), West Bengal (302), Uttar Pradesh (198), Rajasthan (184), Tamil Nadu (154), Telangana (71) and Andhra Pradesh (60). The death toll reached 48 in Karnataka, 42 in Punjab, 28 in Jammu and Kashmir, 19 in Haryana, 15 in Bihar, eight in Kerala, and seven in Odisha. … [Read more...] about COVID-19: India records highest single-day spike of 265 deaths, 7,964 cases
New case holland
In a way, the set of events have come a full circle for both the regulator and the NSE. First, for a long time, SEBI has been accused of giving favourable treatment to the NSE but with this ruling, it’s no longer true. Second, NSE was seen as an institution which could do no wrong but is also being questioned now. Third, now NSE is accused of similar problems for which BSE was once accused. Apart from economic reasons, NSE was also founded to check the monopoly powers of BSE and some of its top management who were running the exchange in an autocratic mode. Reading SEBI’s order, we see how a few individuals are being guilty of running NSE in a similar fashion as well. … [Read more...] about NSE Case | The Indian financial sector story is unravelling
Innovation versus invention All employees thrive in environments where trust is reciprocated and individual differences are not only supported but applauded. While the stars may be temporarily aligned for Big Brother cultures to flourish, when the economy rebounds and employees have more optionality, companies that chose to surveil to prevail may find they’ve alienated precious talent and irrevocably damaged their employee brand. On the flip side, companies that have embraced the merits of a flexible work environment will not only have experienced a smoother and more effective transition into the next generation of work culture but will also continue to build their value proposition for talent. It’s the case of choosing innovation to embrace the future rather than clinging to invention to stay in the past. Even Edison could agree with that. … [Read more...] about The case for autonomous leadership in the remote workplace
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
As for making public transit safe for New Yorkers to return to work at full capacity, a few ideas have been mentioned, including a reservation system. But there appears to be no full plan. To get ideas for just what it will take to get New Yorkers comfortable with riding the subways and buses again, the MTA is asking riders to take a survey. Those who do will be entered in a drawing for—what else?—a 30-day unlimited Metrocard. … [Read more...] about Transit plan to send New Yorkers back to work: ‘Improvise’