Drug firm Jubilant Life Sciences on Friday reported a consolidated net profit of Rs 260.49 crore for the quarter ended on March 31, 2020, driven by robust sales in pharmaceuticals segment. The company had posted a net loss of Rs 100.65 crore for the corresponding period of the previous fiscal, Jubilant Life Sciences said in a filing to BSE. … [Read more...] about Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter
In the U.S., state governments have largely carried the burden of responsibility for finding and allocating medical resources and determining mitigation policies. This has led to a patchwork response to COVID-19, with governors taking varying approaches to the outbreak. Alabama governor Kay Ivey, for example, didn’t call for residents to shelter-in-place until April 4 and allowed businesses to begin reopening on April 30 with some social distancing rules. New York, by contrast, established its stay-at-home order on March 22. It has begun reopening business in phases but has extended its stay-at-home order until June 13. Donovan says the success of these diverging tactics—New York’s more cautious rules versus Alabama’s aggressive push to reopen— will be judged along political party lines. … [Read more...] about As health misinformation and politics collide, social networks face a choice
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?
And that’s where the opportunity comes in: New platforms with missions and models that don’t require endless controversy and conflict may have an opening. There’s a window where venture capitalists may be more likely to invest. There’s a window to focus on individual, niche areas of social engagement without having to worry as much that Facebook or Snap is just going to hire 10 engineers to do the exact same thing. There’s now time to develop a product, attract customers, grow and evolve. Whatever happens next, the uncertainty around Section 230 creates a climate for innovation in social networking that hasn’t existed in years. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?
But a group of prominent Japanese academics, businesspeople and other figures has called on the government to take a much bolder step: build a capacity of 10 million tests a day and offer testing to anyone who wants it. Consecutive negative results, the group argues, could allow people to fully resume social and economic activities. … [Read more...] about Testing is key to beating coronavirus, right? Japan has other ideas