Uncertainty ahead When some kind of economic restart happens, Buttonsmith could be in an ideal position to regain its pre-COVID-19 cadence, because its varied abilities and rapid product development allow it to respond to a wide variety of consumer needs. Of course, as Darcy Burner notes, “We’re clearly staring into the face of what will be the worst recession in modern history.” And Buttonsmith currently faces competition from companies in states that didn’t shut down manufacturing, though many of those are facing outbreaks and rising infection counts. As Washington opens, other states may be forced to clamp down. … [Read more...] about A 17-year-old’s business made millions on Amazon. Now it’s pivoting to masks
Shutdown house vote
It is important to remember that a good number of companies (again MSMEs) were in the stressed category (under special mention accounts for delayed payments) in the books of banks even before COVID-19 hit the economy. Some of them may not have progressed to the IBC stage yet. Banks already have about Rs 29 lakh crore loan outstanding to MSMEs as at end March. Most banks have around 9-10 percent bad loans from this segment (a rough estimate). … [Read more...] about What does the IBC data tell us about the state of Indian economy?
Essel Group, which has a stake in Zee Entertainment Enterprises (ZEE), sold some shares to foreign investors to pay off Rs 375 crore out of the Rs 500 crore it owed to the AMC, the report said.Essel Group had cleared some payments to HDFC Mutual Fund, ICICI Prudential MF and Aditya Birla SL Mutual Fund after it sold some of its stake in ZEE in November 2019. … [Read more...] about HDFC AMC marks down value of Essel Group NCDs by Rs 120 crore: Report
“These guys are really good at coming up to us, so there are no surprises,” says Kevorkian. “When I read the script I start visualizing what this might be. I’ll call them and say, ‘Is this what you were thinking too?’ and we’ll go back and forth. We work with storyboard and previz artists to show them what we’re thinking and bring it to life. It’s little baby steps, but at a faster pace. Everything is hand-animated. We try to look at the real science of everything first, and then if it doesn’t look right, we’ll change it. But we don’t do shortcuts.” … [Read more...] about How CW’s Television Superheroes Get Their Powers
Lewis’s best-selling, award-winning March has introduced this struggle to new generations, while he continues to embody those early tenants in government—leading last spring’s sit-in to protest gun control, the inaugural boycott, and testifying against objectionable cabinet picks. … [Read more...] about Congressman John Lewis Once Again Rises To The Forefront In New PBS Doc