By Eric Newcomer Isolated with his family at home in San Francisco, Uber Chief Executive Officer Dara Khosrowshahi has been making pleading phone calls to members of Congress. Khosrowshahi is asking for a bailout—not for his company, which has told investors it should have at least $4 billion in cash by the end of the […]
Archives for March 2020
Covid-19: Oyo sends letter to vendor partners, warns of disruption in payment cycles
Softbank backed Oyo has written to its vendors and partners stating the COVID-19 outbreak and the resultant travel and social curbs have impacted its revenues, operations and cash flows ‘significantly’ and that owing to the situation there may be possible disruptions in its payment cycles. The letter written by Ankit Agarwal, head of Oyo’s procurement […]
Useful information and resources on COVID-19
Over the course of a few weeks nearly everyone’s business and life has been turned upside down with COVID-19. It’s been a crazy time with toilet paper shortages, businesses forced to close, an overload of information (and mis-information on social media). With the recent disruption in mind, we wanted to help support you however we […]
Karnataka & Gurugram authorities allow e-comm firms to operate amid lockdown
Even as e-commerce companies failed to deliver essential goods on Tuesday, local authorities in states Karnataka and Gurugram have put in place processes to streamline the on-ground situation arising due to the nationwide lockdown. States and city authorities are talking to companies to ensure services are back online, but it could take up a few […]
Online retailers likely to resume deliveries soon
Illustration: Rahul Awasthi E-commerce companies, including BigBasket, Grofers, Amazon and Flipkart, continue to run restricted services across cities as they work with local authorities to streamline operations. While several of these e-tailers expect to resume delivery of groceries and essentials in a few days, they face a challenge of getting frontline workers back to their […]
It’s a critical time to protect retirees and seniors’ finances
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about It’s a critical time to protect retirees and seniors’ finances. Here’s whyRetirees are advised to take the necessary steps to protect their finances, as the current crisis makes them more socially isolated and prone to make poor financial moves, […]
CARES Act tax provisions aim to stabilize pandemic-ravaged economy
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, H.R. 748, currently being debated in the Senate and expected to be voted on Wednesday night, contains a host of tax measures as part of a $2 trillion aid package designed to help the economy as it suffers from the effects of the coronavirus pandemic. While […]
The Economic Stimulus Bill Explained
[embedded content] Subscribe here! Josh here – I asked my firm’s CFO Bill Sweet to weigh in on what looks like an agreed upon economic rescue bill from Congress. Who does it help? How does it help them? What are the most important parts of it? When will we see the money begin to work […]
Ten Planning Conversations To Help Clients Now During the COVID-19 Pandemic
Executive Summary With a market decline of nearly 30% in just a few weeks as the coronavirus pandemic expands and amidst eye-popping daily market volatility, most financial advisors today are simply trying to help clients to remain calm, stay the course, and not engage in panic-selling. As while it’s relatively ‘easy’ to keep clients focused […]
Chinese Hackers Exploit Cisco, Citrix Flaws in Massive Espionage Campaign
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