A year ago, under the weight of opioid litigation, Purdue sought protection in bankruptcy court from which it is expected to emerge at some point as a new company. Judge Robert D. Drain, who is overseeing the bankruptcy case in White Plains, N.Y., will review a long line of unsecured creditors alongside the federal penalties. […]
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Jio unveils new, upgraded ‘JioPages’; made-in-India mobile browser supports 8 Indian languages
NEW DELHI: Reliance Jio has launched new, revamped ‘JioPages’, its Made-in-India mobile browser that is available in eight Indian languages and promises enhanced browsing experience while focusing on data privacy. The new version of the browser made its debut on Google Playstore on Tuesday. JioPages is built on the Chromium Blink engine, and provides enhanced […]
The F.D.A. Wanted to Ban Some Hair Straighteners. It Never Happened.
Heat is crucial to the process: Directions call for applying the product to the hair, blow drying the hair with a hair dryer, and then using a flat iron heated to at least 380 degrees to straighten the hair. The concern is that heat converts the liquid formaldehyde into a gas and releases it into […]
India at doorstep of revival process: RBI governor Shaktikanta Das
NEW DELHI: Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday said that the Indian economy, which has been battered by the ongoing coronavirus pandemic, is at the doorstep of revival. Speaking at the launch of the book ‘Portraits of Power: Half a Century of Being at Ringside’, written by former bureaucrat and current […]
Activists Turn Facial Recognition Tools Against the Police
In early September, the City Council in Portland, Ore., met virtually to consider sweeping legislation outlawing the use of facial recognition technology. The bills would not only bar the police from using it to unmask protesters and individuals captured in surveillance imagery; they would also prevent companies and a variety of other organizations from using […]
Onion Price: Government relaxes import norms for onion to boost domestic supply, check prices | India Business News
NEW DELHI: The government on Wednesday relaxed import norms till December 15 to facilitate the early shipment of onion to boost the domestic supply and check the retail prices of the key kitchen staple. The Union consumer affairs ministry, in a statement, said it will also offload more onion from its buffer stock in the […]
Senate Bill Would Outlaw Bank Discrimination for the First Time
Democrats in Congress have introduced legislation that would make it illegal for banks and other financial firms to discriminate against their customers because of their race, religion, sexual orientation and other characteristics — an effort meant to close a loophole in the Civil Rights Act highlighted in a New York Times report in June. The […]
Union Cabinet approves bonus for central government employees, to benefit 30 lakh
NEW DELHI: The Union Cabinet on Wednesday approved the immediate disbursal of Rs 3,737 crore of bonus and non-productivity linked bonus to 30 lakh central government employees within a week, which the government said will boost demand in the festive season. Announcing the decision, Union minister Prakash Javadekar said at least 30 lakh non-gazetted employees […]
Google’s Antitrust Case: Questions and Answers
This Nov. 17 and 18, DealBook opens its doors to our first Online Summit. Join us as we welcome the most consequential newsmakers in business, policy and culture to explore the pivotal questions of the moment — and the future. Watch from anywhere in the world, free of charge. Register now. What you need to […]
Videocon insolvency case: Dhoot family offers to pay Rs 30,000 crore to lenders
NEW DELHI: The Dhoot family has offered to pay Rs 30,000 crore to lenders to settle their outstanding loans and pull out 13 Videocon group companies from the insolvency proceedings. A proposal for paying the amount has been forwarded to the Committee of Creditors (CoC) of the Videocon Industries, Venugopal Dhoot told PTI. Venugopal Dhoot […]