The start of 2021 has been rocky for Britain. Its exit from the European Union unleashed a colossal amount of red tape that has left some industries desperate for help, and the country is under yet another lockdown because of a fast-spreading strain of the coronavirus. But there has been a glimmer of hope. More […]
Business
Pharma retail market bounces back to robust growth in December
MUMBAI: Domestic pharma retail market bounced back with a substantial growth of 8.4% y-o-y (year-on-year) in December, after a weak performance during the year, led by a higher number of prescriptions, OPD (outpatient department) visits, and increased marketing push by drug companies. During 2020, October was the lone month which posted a robust growth of […]
Gagosian Names a New Director and Curator
Gagosian, the global gallery known for ambitious exhibitions, has added a 32-year-old director and curator, Antwaun Sargent, whose first show will examine what he calls “notions of Black space.” Sargent, who will be based in New York City, is joining the gallery after a decade as a writer and a critic whose work has been […]
Hero hits 100 million in production; lines up 50 new products over 5 years
NEW DELHI: Hero Moto, the country’s top-wheeler maker, crossed a record 100-million units in production, and is lining up an aggressive launch plan of 50 new products and upgrades over the next five years, chairman Pawan Munjal said on Thursday as the company works to strengthen its premium portfolio with new partner Harley-Davidson. Munjal said […]
The New Yorker Magazine Union Employees Stage Daylong Walkout
The New Yorker’s union employees did not go to work on Thursday. The more than 100 employees represented by The New Yorker Union, which includes fact checkers, web producers and some other editorial employees, decided on the daylong walkout after recent rounds of negotiations with management failed, said Natalie Meade, the union chair. The issue […]
With $200 billion in extra savings, lockdown boosts household savings to 20-year high: Report
MUMBAI: The pandemic-driven lockdown has a surprise winner in household savings that have been falling steadily between 2014 and mid-2019 but have scooped up a hefty $200 billion in extra savings – which is a 20-year high, according to a foreign brokerage report. Surprisingly, a vast portion of this savings is in cash only, which […]
Robert Bigelow: Is There Life After Death?
It set the stage for his new afterlife contest, seeking the best available evidence of survival of consciousness, with prizes of $500,000, $300,000 and $150,000 for first, second and third place. The winners will be announced on Nov. 1. Entrants must qualify as serious researchers by Feb. 28, with a record of at least five […]
Companies tap management gurus to tackle ‘unknowns’
MUMBAI: In a world where predicting even the short-term future is becoming difficult, organisations are rushing to management thinkers to understand how best they can cope with unforeseeable conditions— ‘the unknown unknowns’. Vijay Govindarajan, Coxe Distinguished Professor at Tuck School of Business at Dartmouth, said he has received several calls from CEOs in the past […]
Google seals content payment deal with French news publishers
PARIS: Google and a French publishers’ lobby said on Thursday they had agreed a copyright framework under which the US tech giant will pay news publishers for content online, in a first for Europe. The move paves the way for individual licensing agreements for French publications, some of which have seen revenues drop with the […]
Parliamentary panel to question Facebook on WhatsApp’s privacy terms: Source
NEW DELHI/BENGALURU: Facebook executives will field questions from a parliamentary panel on Thursday about the changes to WhatsApp’s privacy, a source said, days after the messaging platform was asked by the country’s technology ministry to withdraw them. The panel will ask why Facebook needed to change WhatsApp’s privacy policy and how it will impact users, […]