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Economic recovery in FY22 to be V (vaccine)-shaped: RBI
No headway at police-farmers meeting over tractor rally on Republic Day
Small finance banks' branches concentrated in urban, semi-urban areas; NPA ratio moderate: RBI paper
World surprised at India's V-shaped recovery: Amit Shah
NASSCOM hopes US President Joe Biden to reverse Trump's 'harmful policies'
CORPORATE
Fire breaks out at Serum Institute of India's plant in Pune, Covishield production not hit
'Volatility is froth', focus on core economic, business variables: KM Birla
Recovery strong; a quarter before we know if booming markets will sustain: Kumar Birla
'WFH ain't no WFO': Kumar Mangalam Birla strikes a contrarian note
HDFC to sell 24.48% share in Good Host for Rs 232.81 cr
MARKETS
Global shares mostly up on optimism for stimulus from Biden
Sensex recovers 95% to hit 50,000; mid-cap and small cap stocks shine
Sensex at 50,000: What happens next?
Rupee trades near 5-month high of 72.98 amid buoyant equities, FII inflows
Market wealth zooms past Rs 199 lakh crore as Sensex scales 50,000 mark
MONEY
Harassment in fintech loan recovery: Why onus is on borrowers too
IRDAI asks insurers to adopt one aspirational district each
SBI Retirement Benefit Fund launch today; offers free term cover with SIPs
BT Insight: How to save long-term capital gains on equity mutual funds
IRDAI asks insurers to forge agreements on COVID-19 treatment rates
INDUSTRY
BMW to launch 25 new products in India in 2021
BMW launches 3 series Gran Limousine at Rs 51.5 lakh
COVID-19 vaccine: Bharat Biotech seeks nod to conduct COVAXIN trials in Bangladesh
IndiGo registers swift recovery; reaches 80% of pre-COVID capacity
NBFCs expect continued liquidity stimulus in Budget 2021
TECH
Apple iPad mini 6 renders hint at in-display Touch ID and punch-hole selfie camera
Indian start-up alliance writes to IT minister seeking data audit of WhatsApp, Facebook
Airtel, BSNL, Jio and Vi prepaid plans under Rs 600 with up to 84 days validity and 5GB daily data
JBL C115TWS earbuds launched in India, price starts at Rs 4999
Chrome v88 for desktop can check if your saved password has been compromised, here are other new features
OPINION
Capitol Hill violence: Anatomy of chaos in the US, lessons India can learn
Rebooting Economy 60: India in a financial mess of its own making
These three key sectors expect govt to deliver a game-changing super over
Budget 2021: 3 ways govt can increase retail participation in bond market
From response to recovery: How COVID-19 crisis spurred turnaround of microfinance industry
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Why India has become a favoured travel destination in 2021
Which sectors have seen recovery in jobs post-Covid?
From youngest senator to oldest president: Lesser-known facts about Biden
Rabi acreage at 65.2 million hectares; set to touch all-time high
Vaccination drive in India: Here is what we know so far
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5G network will lead to endless possibilities: TRAI Chief
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India's oil imports reach 3-year high; Biden's speech to be about unity
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Next steps for economy and how govt can deal with resistance to reforms
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US federal court blocks Trump admin's rules limiting H1-B visas
BusinessToday.In
December 2, 2020
These changes applied to the H-1B visa program and were announced back in October. They included imposing certain salary requirements on companies hiring foreign skilled workers and also imposing limits on speciality occupation
US Supreme Court questions human rights lawsuits against Nestle, Cargill
Reuters
December 2, 2020
The two companies are asking the nine justices to reverse a lower court ruling that allowed the lawsuit, filed in 2005 on behalf of former child slaves from Mali who worked at the farms, to proceed
46 top US firms, including Apple, Facebook, Google, support lawsuit against H-1B visa rule changes
BusinessToday.In
October 31, 2020
Calling the entire premise for the new visa rules \"false\", the companies argued that the economic growth created by H-1B visa holders creates numerous jobs for US workers
Blow for Indian doctors with American dream! US hikes minimum pay by 40% for H1-B health professionals
BusinessToday.In
October 21, 2020
In an attempt to protect American jobs by reducing the number of immigrants, the US on October 8 mandated that minimum wages for H-1B visa-holders should be 40 per higher on an average
Amazon Prime Day rush breaks COVID-19 safety rules, allege workers
Reuters
October 15, 2020
German trade union Verdi had called on workers at seven Amazon warehouses to go on two-day strike over better pay and conditions on Tuesday to coincide with the global Prime Day promotion event
McDonald's discriminates against Black franchisees, lawsuit claim
Reuters
September 2, 2020
The plaintiffs said McDonald's saddled them under its standard 20-year franchise agreements with stores requiring high security and insurance costs, and whose $2 million average annual sales from 2011 to 2016 were $700,000 below the nationwide norm
California judge blocks Uber, Lyft from identifying drivers as contractors
Reuters
August 11, 2020
Uber and Lyft had been accused of violating Assembly Bill 5 (\"AB5\"), a new state law requiring companies to classify workers as employees if they controlled how workers did their jobs, or the work was part of their normal business
H-1B visa: Indian woman sues US immigration services over delay in work permit
PTI
July 25, 2020
An H-4 visa is a visa issued by the US Citizenship and Immigration Services (USCIS) to the immediate family members of the H-1B visa holders
Women employees at Google faced pay-discrimination worth thousands of dollars, alleges lawsuit
Yasmin Ahmed
New Delhi, July 23, 2020
The lawsuit against Google for pay discrimination has been going on since 2017. Google sought to dismiss the case but a judge denied the request in 2018.
H-1B visa ban: US business groups sue Trump govt over worker visa rules
BusinessToday.In
July 22, 2020
The plaintiffs who filed the lawsuit include the National Association of Manufacturers, the US Chamber of Commerce, and the National Retail Federation seeking to reverse the immigration restrictions comprising those on H-1B visas
J&J loses bid to overturn baby powder case verdict in its favour, damages reduced to $2.12 bn
Reuters
June 24, 2020
The Missouri Court of Appeals lowered the original $4.69 billion verdict from July 2018 after dismissing claims by some of the 22 women and their families who had sued
Infosys faces racial discrimination suit amid 'Black Lives Matter' protests in US
BusinessToday.In
New Delhi, June 13, 2020
Plaintiff Davina Linguist, who's a US national of Afro-American race, has accused Infosys of firing her from the company after she testified against it in an earlier class-action lawsuit
YES Bank share price gains 3% after Kapur family withdraws suit against lender
BusinessToday.In
June 10, 2020
Following the update, YES Bank share price gained 2.85% to the intraday high of Rs 30.75 on BSE compared to its earlier close of Rs 29.90. Market capitalisation of YES Bank currently stands at Rs 37,965.18 crore.
Coronavirus impact: Johnson & Johnson to stop sale of talc-based baby powder in US, Canada
Reuters
May 20, 2020
J&J in December said its testing found no asbestos in its Baby Powder after tests conducted by the U.S. Food and Drug Administration discovered trace amount
Breaking! Former employees allege 'race discrimination' in class action suit against Wipro in US
Rukmini Rao
April 27, 2020
A fresh class action suit has been filed by five former employees of Wipro in the district court of New Jersey alleging systemic race and national origin discrimination against non-South Asians
McDonald's faces class-action lawsuit over 'pervasive sexual harassment' allegations
Reuters
April 14, 2020
The lawsuit, filed on Friday in federal court in Chicago, says the company fostered a climate of \"severe or pervasive sexual harassment and a hostile work environment, including groping, physical assaults, and sexually-charged verbal comments.\"
Aurobindo Pharma sued in US for hiding facts on cancer-causing agent
PTI
April 8, 2020
The drug makers breached their express warranties with respect to their Metformin drugs because the drugs did not comply with current good manufacturing practices
$20 trillion lawsuit against China! US group says coronavirus is bioweapon
Anwesha Madhukalya
New Delhi, March 24, 2020
Coronavirus update: The plaintiffs have sought USD 20 trillion, which is a bigger amount than China's GDP, claiming coronavirus is the result of a biological weapon prepared by the Chinese authorities
Leadership rejig option open to Alphabet CEO Sundar Pichai as legal head David Drummond exits
Reuters
January 11, 2020
Alphabet CEO Sundar Pichai has the opportunity of a rejig in leadership at his hands with the exit of the Chief Legal Officer of Alphabet, David Drummond. Here's all that could happen at the parent company of Google
Infosys on class-action suit: 'No additional complaints, except initial ones'
BusinessToday.In
New Delhi, December 13, 2019
Infosys says US-based The Schall Law Firm released its press statement, which asked potential plaintiffs to contact it, to apply for a lead plaintiff status in an existing lawsuit
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