Indian

Paytm shareholders approve country’s biggest public offer plan of Rs 16,600 cr

Jul 12, 2021

”Shareholders have approved all the proposals at the extraordinary general meeting. The shareholders have approved the proposal to raise capital and the fresh issue of shares of up to Rs 12,000 crore during the IPO. The secondary raise will bring the total to Rs 16,600 crore,” the source said.

Dharamshala: Amid heavy rains, cars, buildings swept away in flash floods

Jul 12, 2021

Owing to flash flood at Manjhi Khad area adjoining Dharamshala, two buildings were swept away while several others were reported to be damaged, the video clips.

Heavy rains leading to flash floods also damaged a bridge on the Mandi-Pathankot highway after which traffic was stopped on both sides, leading to a traffic jam.

BFSI, healthcare industries, and IT & knowledge services witness a 10 per cent growth in salaries:Report

Jul 12, 2021

Rituparna Chakraborty, co-founder and executive vice-president of TeamLease Services, said, “Though employers are still cautiously optimistic, they are trying to minimise the COVID-19 gloom and are correspondingly making pay decisions. But, what is standing out is the trend of betting big on skills that will help them to ensure business continuity while fostering a spirit of innovation and growth.”

Adani sees Indian economy growing to $15 trillion in two decades

Jul 12, 2021

”However, there cannot be any doubt that the largest middle class that will ever exist, augmented by an increase in the working-age and consuming population share, will have a positive impact on India’s growth very much in line with the demographic dividend India enjoys,” he said.

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International

Google to pay $11 million to settle age bias employment claims

Jul 22, 2019

The case was brought by a woman who claimed she was interviewed by Google four times over seven years and was never offered employment despite her “highly pertinent qualifications and programming experience” because of her age. Cheryl Fillekes accused the company of “a systematic pattern and practice of discriminating” against older people.

United States swelteres in dangerously hot weather

Jul 22, 2019

Earlier in the day the NWS said “numerous stations” stretching from Massachusetts in the north to North Carolina in the south “were reporting heat index values between 100-110” degrees, with the highest values found in the southeast of the state of Virginia.

Fed’s Bullard sees cryptocurrencies shifting US financial system

Jul 20, 2019

While it is possible for multiple currencies to exist simultaneously and lead to more voluntary transactions, “in the real world, some of these now-enabled transactions may be illegal or quasi-legal,” he said.

Ebola outbreak declared international emergency by WHO

Jul 19, 2019

The spread of the disease outbreak across borders is a requirement for the trigger to be activated for the at-risk tranche of the World Bank’s IBRD CAR 111-112 catastrophe bond, that backs the Pandemic Emergency Financing Facility (PEF).

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