Earlier on January 16, a bench headed by Justice Arun Mishra had dismissed review petitions of telecom firms seeking review of its earlier order asking them to pay Rs 1.47 lakh crore in statutory dues by January 23, saying it did not find any "justifiable reason" to entertain them. … [Read more...] about SC slams telcos for holding payment, sets March 17 as deadline to clear AGR dues
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It estimated that funds from operations (FFO) adjusted net leverage will improve to 2.3-2.4 times in FY20 and to around 2.0x in FY21 - excluding $6.3 billion in deferred spectrum costs - below 2.5 times, the threshold above which it may consider negative rating action. … [Read more...] about Fitch Ratings takes Bharti Airtel off ‘watch negative’; affirms BBB- rating
What’s in the executive order? The order encompasses all federal courthouses and agency headquarters, all federal public buildings in Washington, D.C. and the surrounding area – what’s called the National Capital Region – and all federal public buildings that cost more than US$50 million to build. The order would apply to the design of all new buildings, as well as to all renovations or additions to existing buildings. … [Read more...] about Was Trump’s draft order on classical buildings really about Obama?
Right now, Axis Bank is a bank selling insurance (bancassurance) partner of Max Life and contributes 55 percent of the insurer’s business. However, the bank also sells the products of other insurers like Life Insurance Corporation of India and Bajaj Allianz Life. The idea behind this deal could be to get a permanent and exclusive bank partner. … [Read more...] about Axis Bank to explore long-term strategic partnership with Max Financial, Max Life
Fears of automation replacing jobs and humans being made “redundant” are only accelerating. Yes, it’s true that “software robots,” or what we like to call digital workers, are performing more of the work traditionally done by human workers. There is a misconception inherent in these dystopian claims, though. While digital workers are being dispatched far and wide to take on rote tasks that humans do manually, they are not eliminating jobs in a way that will force many into early retirement. This capability is actually making work more exciting and interesting for humans while creating new opportunities for individual and organization-wide advancement. … [Read more...] about Robots are not the job killers we all feared