Thursday, December 16, 2021

December 17, 2021 - Congress Passes Ban on Goods From China's Xinjiang Region

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TradeBriefs Editorial

From the Editor's Desk

What the Lean Startup Method Gets Right and Wrong

The Lean Startup approach was an instant hit in Silicon Valley, as startups embraced this new experimental ethos. Indeed, the evidence strongly suggest that startups should engage in experimentation along the lines pioneered by the Lean Startup Method. But there are two problems with the Lean Startup approach: First, it pushes founders to “get out of the office” and talk to customers as quickly as possible. But the focus on getting fast feedback from customers to Minimal Viable Products makes startups prone to aim for incremental improvements, focusing on what customers want today, rather than trying to see ahead into the future. Second, while the questions Lean asks are useful — you should know who your customers are! — it doesn’t ask the most important one: what is your theory about why your company is going to win?

Continued here


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Congress Passes Ban on Goods From China's Xinjiang Region
Congress Passes Ban on Goods From China's Xinjiang Region
President Biden is expected to sign the bill, which drew a fierce corporate lobbying campaign against it.


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After tech sell-off, the stock market's Santa Claus rally could face a more difficult liftoff
After tech sell-off, the stock market's Santa Claus rally could face a more difficult liftoff
The post-Fed market surge fizzled as technology shares turned lower Thursday, signaling a Santa rally may have a harder time taking off.


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Omicron R number estimated to be between 3 and 5, says UK health adviser
Omicron R number estimated to be between 3 and 5, says UK health adviser
Dr Susan Hopkins says data on the severity of Omicron will not be known for another fortnight


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Why every VC should spend a month with an accelerator
Why every VC should spend a month with an accelerator
VC is ultimately about people, not ideas, but in the current landscape, investors aren't sufficiently getting to know founders or their experience.


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27 feared dead after Osaka building fire; arson suspected
27 feared dead after Osaka building fire; arson suspected
Blaze apparently started in a medical clinic on the fourth floor


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McKinsey worked with "Chinese government" despite assurances to Rubio
McKinsey worked with
McKinsey disclosed in a bankruptcy case that it had a commercial relationship with the "Chinese government," though it had told Sen. Rubio it had no such link.












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McDonald's claws back $105 million from fired CEO Easterbrook, accused of hiding relationships from board
McDonald's claws back $105 million from fired CEO Easterbrook, accused of hiding relationships from board
McDonald's announced Thursday it has settled its lawsuit against former CEO Steve Easterbrook, clawing back his $105 million severance payment.


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Lessons from Hollywoods Digital Transformation
Lessons from Hollywoods Digital Transformation
What legacy brands can learn from the survival of top Hollywood studios.


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G.M. Says Dan Ammann, C.E.O of Driverless Unit Cruise, Is Leaving
G.M. Says Dan Ammann, C.E.O of Driverless Unit Cruise, Is Leaving
Expectations for autonomous vehicles have cooled since Mr. Ammann took over nearly three years ago, leaving his post as the president of General Motors.


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Meet the Next Big Fashion Group
Meet the Next Big Fashion Group
Kerby Jean-Raymond has spent the last year and a half secretly trying to change the game for minority designers.


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Covid: Denmark expects omicron to overtake delta this week, a warning for U.S.
Covid: Denmark expects omicron to overtake delta this week, a warning for U.S.
The rapid spread of omicron in Denmark, where 80% of the population is vaccinated, is an ominous sign for the U.S


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4 Traits of Healthy Mentor Relationships
4 Traits of Healthy Mentor Relationships
Oh, the mentor/mentee relationship. Heralded as a necessity, a privilege, and as a boon, the relationship is put on a pedestal for up and coming entrepreneurs and their more seasoned counterparts. We admire mentee and mentor relationships as a way to foster meaningful connections across demographics and life stages, as well as their influence in []


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Why billionaire Ray Dalio thinks another economic disaster is coming and how he recommends preparing for it
Why billionaire Ray Dalio thinks another economic disaster is coming  and how he recommends preparing for it
Hedge fund billionaire Ray Dalio gives advice on how to prepare yourself for future financial catastrophes and what could tank the American economy next.


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Amazon And UPS Are Betting This Electric Aircraft Startup Will Change Shipping
Amazon And UPS Are Betting This Electric Aircraft Startup Will Change Shipping
Former pro hockey player and Harvard grad Kyle Clarks startup Beta Technologies may be on the verge of bringing workhorse battery-powered cargo planes to Americas skies that take off and land like helicopters.


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Opinion: Biden must show Manchin and Sinema he can play hardball
Opinion: Biden must show Manchin and Sinema he can play hardball
Lincoln Mitchell writes that presidential power requires artfully wielding both carrots and sticks, but 11 months into Joe Biden's presidency, we have not seen much of the latter -- particularly when it comes to persuading Democratic Sens. Joe Manchin and Kyrsten Sinema to support his agenda.


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The Future of America's Abortion Fight
The Future of America's Abortion Fight
How increased access to one medication could fundamentally change the debate over abortion across the country.


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12 Remaining Members of a U.S. Group Kidnapped in Haiti Have Been Released
12 Remaining Members of a U.S. Group Kidnapped in Haiti Have Been Released
Seventeen members of the group, Christian Aid Ministries, had been kidnapped by a gang in October. Five had been released earlier.


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Credit Suisse names its stock picks to beat inflation
Credit Suisse names its stock picks to beat inflation
Credit Suisse has named a slew of stocks that have outperformed in past inflationary periods.


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Peloton removes viral Chris Noth ad after sexual assault allegations
Peloton removes viral Chris Noth ad after sexual assault allegations
Pelotonremoved a viral ad starring Chris Noth from its social media accounts after sexual assault allegations against the "Sex and the City" actor surfaced.


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Big wealth investors are likely to put money to work in stocks after amassing record levels of cash
Big wealth investors are likely to put money to work in stocks after amassing record levels of cash
Hundreds of billions of dollars in cash have been amassed by investors in the last few weeks of 2021, setting the stage for a move into equities in 2022.


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Biden's Stand on Ukraine Is a Wider Test of U.S. Credibility Abroad
Biden's Stand on Ukraine Is a Wider Test of U.S. Credibility Abroad
President Barack Obama also warned of severe consequences if Russia took action against its neighbor. Vladimir Putin annexed Crimea anyway.


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'Jaws' Is Fiction. This Show Presents Sharks as Embattled Heroes.
'Jaws' Is Fiction. This Show Presents Sharks as Embattled Heroes.
Sharks, a new exhibition at the American Museum of Natural History, proves that humans are far more dangerous to these animals than they are to us.


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The Federal Reserve still has a lot of questions to answer about its long-term strategy
The Federal Reserve still has a lot of questions to answer about its long-term strategy
While the Fed managed to clear up what its plans are for the near term, there are questions left for the long term.


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U.S. blacklists 34 Chinese entities over human rights abuses, brain-control weapons
U.S. blacklists 34 Chinese entities over human rights abuses, brain-control weapons
The U.S. imposed trade restrictions on more than 30 Chinese entities for human rights violations and the alleged development of "brain-control weaponry."


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Regeneron developing antibodies to target omicron
Regeneron developing antibodies to target omicron
CEO Leonard Schleifer told CNBC Regeneron plans to conduct trials on the new antibodies in the first quarter of 2022.


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Delta forecasts profit ahead as travel demand and fares rise, despite omicron
Delta forecasts profit ahead as travel demand and fares rise, despite omicron
Delta said it expects to be profitable in 2022 and surpass pre-pandemic profits by 2024.


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FDA says abortion pills can be sent by mail
FDA says abortion pills can be sent by mail
The US Food and Drug Administration announced Thursday that it is lifting a requirement that patients seeking medication abortion had to pick up the medication in-person, instead allowing pills to be sent by mail.


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Chinese tech startups flock to foreign crowdfunding platforms
Chinese tech startups flock to foreign crowdfunding platforms
Online fundraising sites used to boost name recognition, expand sales


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Yes Bank's Attempt To Clean Up Its Loan Book Is A Race Against Time
Yes Bank's Attempt To Clean Up Its Loan Book Is A Race Against Time
Four investors have shown interest in Yes Bank's ARC. But the contours of this plan are far from clear.


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Budget 2022: FM Sitharaman to hold consultations with infra, climate experts
Budget 2022: FM Sitharaman to hold consultations with infra, climate experts
She will hold consultations with representatives of the services and trade sector


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Airtel increases stake in AI-based job platform, Vahan
Airtel increases stake in AI-based job platform, Vahan
The additional stake was picked at an undisclosed sum and is likely to be completed by June 30, 2022.


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4 Traits of Healthy Mentor Relationships
4 Traits of Healthy Mentor Relationships
Oh, the mentor/mentee relationship. Heralded as a necessity, a privilege, and as a boon, the relationship is put on a pedestal for up and coming entrepreneurs and their more seasoned counterparts. We admire mentee and mentor relationships as a way to foster meaningful connections across demographics and life stages, as well as their influence in []


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Data Patterns IPO Trading At 100% Premium In Grey Market After Issue Sees Stellar Response. All You Need To Know
Data Patterns IPO Trading At 100% Premium In Grey Market After Issue Sees Stellar Response. All You Need To Know
Data Patterns IPO | Qualified institutional buyers and non-institutional investors bid for a whopping 190 and 254 times the portion of shares reserved for them, respectively


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Oracle in talks to buy Cerner
Oracle in talks to buy Cerner
Enterprise software maker Oracle is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.


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The Next Generation of Private Market Exchanges | Future
The Next Generation of Private Market Exchanges | Future
Come for the tool, stay for the exchange: The next generation of private market exchanges will begin as investor relations software.


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How to Set Your AI Project Up for Success
How to Set Your AI Project Up for Success
A Q&A with Marco Casalaina, the head of Salesforces Einstein AI program.


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Council Post: Accelerating Digital Transformation: Is Your Business Evolving Or Going Extinct?
Council Post: Accelerating Digital Transformation: Is Your Business Evolving Or Going Extinct?
As technology rapidly develops, businesses adopt new methods and processes to remain relevant.


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This huge Chinese company is selling video surveillance systems to Iran
This huge Chinese company is selling video surveillance systems to Iran
A new report sheds light on a shadowy industry where authoritarian states enthusiastically export surveillance technologies to repressive regimes around the world.


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About 9% MSMEs Got Shut Down Due To COVID-19 Disruptions, Govt Tells Lok Sabha
About 9% MSMEs Got Shut Down Due To COVID-19 Disruptions, Govt Tells Lok Sabha
On the question about providing support to MSMEs, the minister said loans amounting to Rs 2.82 lakh crore have been sanctioned to businesses.


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Gopuff, the instant grocery startup, is raising $1.5B in a convertible note at up to a $40B valuation, ahead of going public as soon as mid-2022
Gopuff, the instant grocery startup, is raising $1.5B in a convertible note at up to a $40B valuation, ahead of going public as soon as mid-2022
Instant grocery where urban-dwelling consumers buy food and other essentials and can get them delivered in 15 minutes or less continues to be a big business, and one of the juggernauts in the space is now raising a big round of funding to meet that opportunity: Gopuff is in the proc


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Z Fellows wants to give you $10K to launch a crypto startup
Z Fellows wants to give you $10K to launch a crypto startup
Capital may help someone take the jump into entrepreneurship, but what about the activation energy to let them think that big in the first place? To Cory Levy, the latter has always been more important. The entrepreneur behind First Text, a low-friction service that connects founders to investors,


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Vertical farming startup Infarm raises $200M for international expansion
Vertical farming startup Infarm raises $200M for international expansion
Europe-based vertical farming firm Infarm this week announced a $200 million Series D. The round, led by the Qatar Investment Authority (QIA), follows last years $170 million raise. It pushes the companys total funding to north of $600 million, while placing its valuation well north of $1 bilil


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It's time for investors to redefine how we evaluate digital health startups
It's time for investors to redefine how we evaluate digital health startups
While digital health has captivated the attention of investors, early-stage entrepreneurs are being required to address a highly complicated yet critical question: How can I show value and ROI?


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Voodoo bets on play-to-earn crypto mobile games
Voodoo bets on play-to-earn crypto mobile games
French startup Voodoo has announced that it plans to make a significant investment in blockchain-powered mobile games. The company estimates that it represents a $200 million investment over the coming years. 2021 has been an important year for crypto gaming, with Axie Infinity popularizing the pla


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Phytoform plants $5.7M into climate-resistant crop technology
Phytoform plants $5.7M into climate-resistant crop technology
The success of CRISPR technology in agriculture has been well documented as a way to manipulate plant genomes to make them more pest and climate resistant and grow more consistent products.


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Continual raises $4M for its AI-powered data platform
Continual raises $4M for its AI-powered data platform
Continual, a startup that aims to bring operational AI to the modern data warehouse-centric data stack, today announced that it has raised a $4 million seed round led by Amplify Partners, with Illuminate Ventures, Essence, Wayfinder and Data Community Fund also participating in the round. With this


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Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk
Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk
Working together at Ubers risk team, Yifu Diao and Ming Fang came to realize that with the hypergrowth the company was seeing came fraud challenges. Diaos first project at the company after starting in 2014 was building a rules engine called Mastermind to fight fraud. That engine, he says, allowe


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A few questions about the impending Reddit IPO
A few questions about the impending Reddit IPO
Social hubReddit filed to go public. You know what that means: It's time to ask questions.


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Tiger Global leads cash infusion into Elementary for automated manufacturing inspection
Tiger Global leads cash infusion into Elementary for automated manufacturing inspection
In the past year, the company grew its number of Tier 1 enterprise customers by 10 times.


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Spanish proptech Clikalia secures $518M in debt & equity to advance iBuyer model in Europe
Spanish proptech Clikalia secures $518M in debt & equity to advance iBuyer model in Europe
Spanish proptech Clikalia has secured $518 million in debt and equity in what is among the largest venture capital rounds raised in Spain to date. Repeat entrepreneurs Alister Moreno and Pablo Fernandez founded the company in 2018 with the intent of providing Spaniards with digital options when buy


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Gtmhub raises $120M Series C as the OKR software market continues to impress
Gtmhub raises $120M Series C as the OKR software market continues to impress
Denver-based software startup Gtmhub announced this morning that it has closed a $120 million Series C. Index Ventures led the round, with a number of prior investors contributing as well. Before its new investment, Gtmhub had raised just over $40 million in total, making its Series C around triple


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Weight care management startup Found lands $100M at a $600M valuation
Weight care management startup Found lands $100M at a $600M valuation
Just two and a half months after emerging from stealth, weight care management startup Found announced today that it has raised $100 million in a Series B funding round that values the company at $600 million. WestCap a growth equity firm founded by former Blackstone and Airbnb executive La


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Cockroach Labs keeps rolling with $278M Series F on $5B valuation
Cockroach Labs keeps rolling with $278M Series F on $5B valuation
Cockroach Labs, makers of CockroachDB, has been raking in money this year. It started the year with a $160 million Series E on a $2 billion valuation and ended it with a $278 million Series F on a $5 billion valuation, more than doubling the company value in less than 12 months. Greenoaks led the [


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Silverflow nabs $17M for its updated, cloud-based take on payments processing technology
Silverflow nabs $17M for its updated, cloud-based take on payments processing technology
When it comes to online payments, the front end of the system has seen a massive amount of disruption in the last several years, with companies like Stripe, Adyen, PayPal, Square and others building APIs that make it very simple for online merchants to integrate easy payment services into their che


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Taxdoo raises $64M to expand from tax compliance to a wider set of financial tools for e-commerce companies
Taxdoo raises $64M to expand from tax compliance to a wider set of financial tools for e-commerce companies
With e-commerce becoming increasingly globalized, a company called Taxdoo, which builds API-based tools to help e-commerce companies with tax compliance and other accounting needs, is announcing a round of funding: $64 million, a Series B that the Hamburg-based startup will be using to expand furth


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Google's Africa Investment Fund makes first investment in Uganda's SafeBoda
Google's Africa Investment Fund makes first investment in Uganda's SafeBoda
Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. The undisclosed investment comes two months after Alphabet CEO Sundar Pichai announced the tech giants intentions to commit $1 billion over the next five years


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Tiger Global backs fintech CreditBook in first Pakistan investment
Tiger Global backs fintech CreditBook in first Pakistan investment
Two years ago, a group of entrepreneurs in Pakistan began surveying the market to understand why financial services werent reaching the majority of merchants in the worlds fifth most populous nation. On Friday, Tiger Global said it is backing their startup, CreditBook, to help address those chall


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AI argues for and against itself in Oxford Union debate
AI argues for and against itself in Oxford Union debate
The artificial intelligence was given access to the whole of Wikipedia and news articles in preparation.


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Sainsbury's payroll hit by Kronos attack
Sainsbury's payroll hit by Kronos attack
A ransomware attack on payroll systems provider Kronos hits multiple major companies in the UK and US


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Chancellor Rishi Sunak to return from US trip early over Covid concerns
Chancellor Rishi Sunak to return from US trip early over Covid concerns
Rishi Sunak faced accusations of being "missing in action" as businesses call for help with crisis.


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The price of a Turkish breakfast staple has risen 40%
The price of a Turkish breakfast staple has risen 40%
How the government's unorthodox approach to the economy is making everyday goods unaffordable


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M&S accuses Aldi of copying Christmas gin
M&S accuses Aldi of copying Christmas gin
The retailers are locked in a legal spat for the second time this year - this time over bottles of gin.


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Search warrant issued for Alec Baldwin's phone over Rust shooting investigation | Alec Baldwin | The Guardian
Search warrant issued for Alec Baldwin's phone over Rust shooting investigation | Alec Baldwin | The Guardian
Investigators say there could be evidence on the stars iPhone relating to the death of cinematographer Halyna Hutchins


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Widow of Chilean dictator Augusto Pinochet dies age 99 | Chile | The Guardian
Widow of Chilean dictator Augusto Pinochet dies age 99 | Chile | The Guardian
For opponents of the dictatorship Luca Hiriart was a reviled symbol of the violent authoritarian regime and its bitter legacy


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How has North Korea's Kim Jong-un held on to power so long?
How has North Korea's Kim Jong-un held on to power so long?
From diplomatic summits with Donald Trump to executing members of his own family and failing to stave off famine in his own country, Guardian correspondent Justin McCurry charts the highs and lows of Kim's first 10 years in office


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Chipotle doesn't want you to order at its newest restaurant
Chipotle doesn't want you to order at its newest restaurant
Digital orders and drive-thrus are the future of Chipotle. Now, the fast casual chain is designing a restaurant to reflect that.


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'Significant amounts of water' found in Mars' massive version of the Grand Canyon
'Significant amounts of water' found in Mars' massive version of the Grand Canyon
A European orbiter has detected "significant amounts of water" in Mars' version of the Grand Canyon.


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Rivian to open $5 billion manufacturing plant in Georgia
Rivian to open $5 billion manufacturing plant in Georgia
Rivian, the electric vehicle maker, plans to begin construction on a second manufacturing plant in 2022 even as it is falling short of its production goals at its existing plant.


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Opinion | Is Our Homelessness Crisis Really a Drug Problem?
Opinion | Is Our Homelessness Crisis Really a Drug Problem?
A new book argues that rampant fentanyl and methamphetamine addiction is to blame, but the reality is more complex.


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Opinion | We Will Look Back on This Age of Cruelty to Animals in Horror
Opinion | We Will Look Back on This Age of Cruelty to Animals in Horror
How we treat farm animals today will be seen as a defining moral failing of our age.


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Judge tosses $4.5 billion deal shielding Purdue owners from opioid claims
Judge tosses $4.5 billion deal shielding Purdue owners from opioid claims
The company has been accused of pushing massive amounts of OxyContin on patients, while underplaying its potential for addiction and abuse, which it has denied


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Cramer: 'Universe of potential winners' has shrunk, investors be picky
Cramer: 'Universe of potential winners' has shrunk, investors be picky
The Fed's plan to more aggressively tighten monetary policy means "the universe of potential winners has gotten smaller," the "Mad Money" host said.


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Stocks making the biggest moves after hours: FedEx, Rivian and more
Stocks making the biggest moves after hours: FedEx, Rivian and more
These are the stocks posting the largest moves in after-hours trading.


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Union president: Kellogg reaches tentative deal with striking workers
Union president: Kellogg reaches tentative deal with striking workers
Kellogghas agreed on a new contract with the union representing the company's striking employees, a local union president said on Thursday.


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What to Know About California's Flu Season
What to Know About California's Flu Season
Influenza all but disappeared last winter, but thats unlikely this year amid loosened pandemic restrictions.


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F.D.A. Will Permanently Allow Abortion Pills by Mail
F.D.A. Will Permanently Allow Abortion Pills by Mail
The decision will broaden access to medication abortion, an increasingly common method, but many conservative states are already mobilizing against it.


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9/11 Memorial & Museum Leader Is Departing in 2022
9/11 Memorial & Museum Leader Is Departing in 2022
Alice M. Greenwald has led the museum since its inception, through criticism and pandemic closures, helping it become one of the countrys most-visited museums.


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$50 Million Gift to Juilliard Targets Racial Disparities in Music
$50 Million Gift to Juilliard Targets Racial Disparities in Music
The renowned conservatory will use a grant from a California foundation to expand a training program focused largely on Black and Latino schoolchildren.


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How to Scare an Invasive Fish? A Menacing Robot Predator.
How to Scare an Invasive Fish? A Menacing Robot Predator.
The mosquitofish is wreaking havoc on native Australian marine life. In a new study, scientists tried to frighten it with a look-alike of its natural foe.


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Adobe plunges 10% for second-worst day in past decade on Q4 earnings
Adobe plunges 10% for second-worst day in past decade on Q4 earnings
Adobe's guidance for its fiscal first quarter badly missed analysts' estimates, sending the stock down more than 10%.


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Melania Trump launches NFT platform in first public endeavor since White House
Melania Trump launches NFT platform in first public endeavor since White House
Melania Trump is getting in on the latest crypto craze -- NFTs.


India
India's most valuable startup Byju's in talks to go public via record SPAC deal
India's most valuable startup Byju's in talks to go public via record SPAC deal
Indian edtech giant Byjus, the nations most valuable startup, is in talks to go public in the U.S. by merging with a blank check company.


India
Hospitality industry body urges Sebi again to suspend OYO's IPO process
Hospitality industry body urges Sebi again to suspend OYO's IPO process
The body had earlier urged Sebi to suspend OYO's IPO process, drawing attention to alleged irregularities, such as being engaged in anti-competitive business practice


India
Flipkart's IPO plans; windfall for India's super-rich
Flipkart's IPO plans; windfall for India's super-rich
Flipkart CEO Kalyan Krishnamurthy said at a recent offsite that the company was looking at an IPO around this time next year.


India
Exclusive: Ola Electric Adds Vijay Shekhar Sharma, Zoya & Farhan Akhtar To Its Captable
Exclusive: Ola Electric Adds Vijay Shekhar Sharma, Zoya & Farhan Akhtar To Its Captable
Bhavish Aggarwal-led Ola Electric is raising investment from Paytms founder Vijay Shekhar Sharma, Bollywood brother-sister duo Farhan and Zoya Akhtar, among others.


India
Someone Offered 'Harvard' Jobs to Known Women in India. It Was a Scam.
Someone Offered 'Harvard' Jobs to Known Women in India. It Was a Scam.
An online scam targeted prominent women in India, telling them the Ivy League was calling.


India
U.N. chief urges 'concrete' moves on year-end vaccine goal
U.N. chief urges 'concrete' moves on year-end vaccine goal
Vaccine inequity is giving variants a free pass to run wild, says Antonio Guterres


India
DNA Explainer: Idea behind government's decision to raise legal age of marriage for women, its challenges
DNA Explainer: Idea behind government's decision to raise legal age of marriage for women, its challenges
DNA Explainer: Idea behind government's decision to raise legal age of marriage for women, its challenges - Centre's task force headed by Jaya Jaitly examined several points ranging from age of motherhood, reducing Maternal Mortality Rates and dietary ranges


India
Delhi HC to deliver verdict on Air Indias plea against reinstatement of pilots
Delhi HC to deliver verdict on Air Indias plea against reinstatement of pilots
On June 1, the single judge quashed Air Indias decision to terminate the services of several pilots and refusal to accept the withdrawal of their resignations


India
Delhi HC stops coercive action by ED against firms under liquidation in IBC
Delhi HC stops coercive action by ED against firms under liquidation in IBC
In a detailed ruling on interplay between IBC and PMLA, the court allowed a writ petition by a liquidator to proceed with the liquidation process of a corporate debtor


India
India Could Soon Domestically Produce Cells for Electric Vehicles, Cut Import Dependence: Niti Aayog's Rajiv Kumar
India Could Soon Domestically Produce Cells for Electric Vehicles, Cut Import Dependence: Niti Aayog's Rajiv Kumar
India will soon be able to reduce import dependence with respect to cells for electric vehicles, Niti Aayog Vice-Chairman Rajiv Kumar has said, adding that research and development in the sphere of advanced chemistry cell technology and successful transition to green hydrogen will make it easier and faster.


India
Jindal Stainless eyes Rs 500-cr revenue from chequered sheet biz in 3 years
Jindal Stainless eyes Rs 500-cr revenue from chequered sheet biz in 3 years
Jindal Stainless Limited (JSL) is aiming to garner a revenue of Rs 500 crore from its hot-rolled stainless steel chequered sheet business over the next three years.


India
Restaurants pre-festive season gift: A sharp dip in liquor price in Kolkata
Restaurants pre-festive season gift: A sharp dip in liquor price in Kolkata
Ushering in the New Year with a few drinks at your favourite restaurant may not burn a hole in your pocket this time. The drop in alcohol prices last ..


India
US Fed's taper talk likely to keep the bulls in check on Dalal Street
US Fed's taper talk likely to keep the bulls in check on Dalal Street
This is expected to suppress valuations in India; decline in P/E may nullify gains from rise in corporate earnings


India
Parliament Winter Session LIVE Updates: Mallikarjun Kharge moves adjournment motion in Rajya Sabha over Lakhimpur incident
Parliament Winter Session LIVE Updates: Mallikarjun Kharge moves adjournment motion in Rajya Sabha over Lakhimpur incident
In Parliament today, the Congress-led Opposition will look to corner the Centre over the Lakhimpur Kheri violence case involving Union minister Ajay Misra's son Ashish after the SIT report suggested the incident was a "pre-planned conspiracy". On Thursday, the Rajya Sabha failed to transact any business as Opposition members forced adjournments in the house over the issue of suspension of 12 MPs. The Lok Sabha, too, was adjourned after Opposition members led by Congress leader Rahul Gandhi demanded sacking of MoS Ajay Misra in connection with the Lakhimpur Kheri violence. Follow Parliament Winter Session LIVE Updates:


India
Potholes sparked over 3,500 road accidents last year: Govt tells Parliament
Potholes sparked over 3,500 road accidents last year: Govt tells Parliament
The ministry of road transport and highways said that as many as 4,775 accidents occurred in 2019 due to potholes and 3,564 such accidents were reported in 2020


India
Is the Armed Forces (Special Powers) Act past its expiry date?
Is the Armed Forces (Special Powers) Act past its expiry date?
The final solution to insurgency or terrorism is not military in nature; it is political and economical


India
Fraud Detection Startup Bureau Raises $12 Mn Series A To Expand Footprint In India & SEA
Fraud Detection Startup Bureau Raises $12 Mn Series A To Expand Footprint In India & SEA
The funding round was led by Quona Capital along with participation from Commerce Ventures, Okta Identity as well as angel investors Mark Britto, EVP Chief Product Officer at Paypal, and Bobby Mehta, former president and CEO of Transunion.


India
CAIT Asks FM To Take Action Against Shopee For Predatory Pricing
CAIT Asks FM To Take Action Against Shopee For Predatory Pricing
CAIT has penned a letter to Finance Minister Nirmala Sitharaman, requesting her to take action against ecommerce platform Shopee.


India
Quitting active politics, says Metroman, advocates change of approach in Kerala BJP
Quitting active politics, says Metroman, advocates change of approach in Kerala BJP

India
TiE names Kumar Mangalam Birla as Global Entrepreneur of the year
TiE names Kumar Mangalam Birla as Global Entrepreneur of the year
The Aditya Birla Group Chairman is the first Indian industrialist to get the award. He won it for his leadership of the conglomerate during the Covid-19 pandemic




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