Video app company Zoom says that it blocked several meetings and suspended the accounts of three activists at the request of the Chinese government. The company released details Thursday saying that in May and early June, the Chinese government notified it about several online meetings planned to commemorate the crackdown on protesters in Beijing’s Tiananmen […]
Archives for June 2020
Editor’s Column: Financial Planning’s ‘new normal’
A new poll of Personal Finance Society members suggests nearly 90% of Financial Planners will never return to the way they worked before the pandemic. Only 12% believe the ‘new normal’ will be like the ‘old normal’. Some 17% said they would plan to work ’entirely remotely’ in future while 70% will use a mix […]
Organisers, artists seek clarity on licensing structures as concerts go online
Following a post lockdown explosion in online events, major consumer brands, leading artists and top ticketing platforms are rushing to lawyers seeking counsel on a host of rights and licensing issues emanating from live streaming of content. The major issues up for discussion were licensing deals for digital, licensing of third-party rights and monetisation of […]
Marriott partners with Zomato for home delivery service
Marriott International announced on Friday that “Marriott on Wheels”, their home delivery service will now be available in more cities through an agreement with Zomato. Zomato said this association expands Marriott’s home delivery services across India, while allowing outreach and exposure to thousands of customers using the platform. Marriott on Wheels has also branched out […]
LV= tight lipped on sell off reports
LV=, the mutual financial provider, has declined to comment on reports that it will sell off or float the business. Sky News has reported that the Bournemouth-based investment, pensions and insurance provider is looking to ditch its mutual status, employing consultants Fenchurch Partners to explore the options. The group includes wealth manager Frizzell & Partners, […]
Netflix in talks to source local Indian content from Reliance affiliate Viacom18: Sources
Video streaming service Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries’ media unit Network18, about a multi-year partnership to source content, three sources told Reuters, in a move that would expand a relationship between the two sides. Under the partnership, Network18 affiliates – which include its joint venture with ViacomCBS, […]
The importance of cash flow and how you can manage it post COVID-19
Cash flow is the lifeblood of a small business, and in light of our current global economic crisis, cash flow management is even more critical than ever before. International services company Deloitte recently compiled a report titled “COVID-19: Managing supply chain risk and disruption”. One of the key recommendations for businesses was to focus on […]
Tax time tips for side hustlers this EOFY
With the way we work constantly changing due to COVID-19, some enterprising people have used the extra time to make money through the sharing economy or by establishing a side hustle. If that’s you, then doing your tax return may be a little different this year. We teamed up with bookkeeper Jo Doye from Alluvia […]
Domestic travel rebounding strongly: Airbnb co-founder Nathan Blecharczyk
Nathan Blecharczyk, co-founder, Airbnb Nathan Blecharczyk, co-founder of Airbnb, expects a big shift in the direction of domestic bookings for India after the lockdown and easing of travel restrictions. “India is a big country. Domestic travel is strong in big countries. The United States, India, Brazil, Germany. These are countries with big domestic markets. India […]
Fintech lenders find comfort in the steady cash flow of humble corner shops
Fintech lenders focused on small businesses are finding comfort in the steady cash flows of corner shops selling groceries, milk and medicines, even as Indian economy slowly reboots itself from the Covid-19 pandemic-led lockdown phase. Most fintech lenders are focusing on servicing existing clients and in the process turning off the funding tap for new […]