The Supreme Court on Monday directed all district courts in the country to switch to video proceedings and authorised presiding officers to adjourn the proceedings if measures to control crowding in court rooms fail. A three-judge bench of Chief Justice SA Bobde and justices DY Chandrachud and L Nageswara Rao said courts should restrict entry […]
Archives for April 2020
Remove videos spreading Covid-19 lies: Govt to social media platforms
(Representative Image) The government has written to social media platforms TikTok, Helo and Facebook asking them to remove videos circulating on their platforms that allegedly seek to influence Muslims against following Covid-19 containment measures, top officials said. The government action follows a report submitted to the Ministry of Home Affairs last week by open-source intelligence […]
Swiggy and Zomato settle for smaller cheques
Illustration: Rahul Awasthi Food delivery apps Swiggy and Zomato have accepted smaller cheques of $5-$10 million from a pool of investors to beef up cash reserves, as they continue to fight a bruising battle for market share in the online food delivery business amid a lockdown induced by the Covid-19 pandemic. The capital infusion comes […]
What keeps me calm for clients as markets gyrate
As with most market downturns, you never see it until it happens. Of course, you may suspect it, but the actual day surprises you. I was expecting one for years. I understand it is a natural part of the business cycle. We were due. It had been 11 years from the greatest recession we’ve experienced […]
Best accounting software for businesses in 2020: QuickBooks, Sage, Zoho, and more – ZDNet
Businesses of every size need an accounting system to track revenues and expenses, process invoices and send out bills, and track assets and liabilities. There are many things to consider. Can your three-person shop make do with simple, user-friendly bookkeeping software package? Does your mid-sized business need a sophisticated system that uses process automation? Do […]
ASB to consider one-year deferral of effective dates
The effective dates for seven recently issued generally accepted auditing standards may be deferred by one year when the AICPA Auditing Standards Board (ASB) holds a special open meeting from 2 to 4 p.m. on April 20 to discuss relief due to the coronavirus pandemic. At the meeting, the ASB will discuss and vote on […]
What if the Bull Market Didn’t Actually End?
[embedded content] Barry Ritholtz and Michael Batnick discuss the possibility that the events of this spring turn out to be just a cyclical bear market within the context of a longer term secular bull market. It’s happened before. Subscribe to The Compound channel on YouTube here.
Accountants welcome CJRS update
HMRC’s updated Coronavirus Job Retention Scheme (CJRS) has been welcomed by accountants as it offers a transparent brief on claimants’ eligibility – particularly furloughed workers and the amount employers can claim to cover. “The CJRS is a positive measure allowing businesses to retain talent and reduce costs, while also guaranteeing a level of income for […]
Government VPN Servers Targeted in Zero-Day Attack
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Apple Shipping 1 Million Face Shields to Hospitals This Week
Apple is dedicated to supporting the worldwide response to COVID-19. We’ve now sourced over 20M masks through our supply chain. Our design, engineering, operations and packaging teams are also working with suppliers to design, produce and ship face shields for medical workers. pic.twitter.com/3xRqNgMThX — Tim Cook (@tim_cook) April 5, 2020 Bravo, Tim Cook! I’m also […]