In fact, one reason why banks stopped lending to MSMEs in the last 12 months period is high stress from this segment. So, that being the case, a good chunk of the stressed companies can now make a claim with banks for 'COVID-19 related debt’ tag so that they can avoid insolvency proceedings. This will happen regardless of the cut-off date the government will announce to calculate the quantum of COVID-related loans. A refusal by banks can lead to court disputes. … [Read more...] about What does the IBC data tell us about the state of Indian economy?
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Both companies offer on-demand service that’s about $15 for a full day during their working hours and $10 or $15 for overnight parking. Monthly unlimited service is $300 at both firms. Prices vary by city, while Luxe sometimes engages in peak pricing when demand is tight during major events. Zirx announced on July 6 that after months of analysis, it’s rejected surge pricing in favor of variable pricing based on time of day and location. Its two examples are dropping a car off at 9 a.m. in a less-busy part of San Francisco for $12 for the remainder of the day versus $18 near the San Francisco Giants ballpark. … [Read more...] about The App Economy’s Newest Challenge: Making Parking Less Painful
The source of this data breach is yet to be traced, but cybersecurity intelligence firm Cyble believes it could be from one of the job search aggregator websites. The report further states that all the leaked data was posted in a 2.3 GB zipped file on a hacking forum by a threat actor and is available for free. … [Read more...] about Personal data of 2.9 crore Indian job seekers leaked on dark web: Report
They have destroyed crops in at least five states and are now being spotted in large numbers in residential neighbourhoods also. In Rajasthan's Jaipur for instance, people woke up on May 25 to the horrifying sight of locusts swarming their terraces. … [Read more...] about Watch | Locusts take over an entire neighbourhood in Jaipur