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Tribune India 09/25/2020 22:10
New Delhi, September 25. Automobile dealer body FADA on Friday said the closure of Harley-Davidson's operations in India would lead to job loss for up to 2,000 workers across the brand's 35 dealerships. Harley-Davidson on Thursday said it is discontinuing sales and manufacturing operations in the country. The India action will include an associated workforce reduction of around 70 employees, it had said in a SEC filing. The Federation of Automobile Dealers Associations (FADA) said besides job loss, the exit of the American cult bike maker would also lead to a loss of up to Rs 130 crore for the brand's dealer partners in the country. — PTI.
Tribune India 09/25/2020 22:01
New Delhi, September 25. British telecom giant Vodafone Group on Friday won an arbitration against the Indian Government over a demand for Rs 22,100 crore in taxes using retrospective legislation. An international arbitration tribunal at the Hague ruled that India's demand in past taxes was in breach of fair treatment under a bilateral investment protection pact. Rs75 cr liability: govt. Govt's liability will be about Rs75 cr in cost refund, said sources. Vodafone had challenged India's usage of a 2012 law to tax it retrospectively. The company was taxed for its $11 billion acquisition of 67% stake in mobile phone company Hutchison Whampoa in 2007. "Vodafone confirms that the investment treaty tribunal ruled in Vodafone's favour," the firm said
Zero Hedge 09/25/2020 22:00
Breakthrough Research On Severe COVID-19 Infections Opens Door To New Treatment. Fri, 09/25/2020 - 22:00. So far, scientists have figured out that being male, elderly, and having underlying medical conditions can all raise risk factors for patients. But even patients who check all these boxes don't always experience serious symptoms. Scientists suspect that several factors influence severity, including pre-existing levels of inflammation, natural immunity levels, and the amount and strain of virus that starts the infection - along with variations in patients' genetic makeup. As has been previously reported, many patients suffer the worst of the symptoms for COVID-19 due to an immune system overreaction called a "cytokine storm". As Dr. Fauci
Orissa POST (India) 09/25/2020 22:00
While senior bureaucrats often get re-employed with the government after they retire, it is certainly rare for a retired babu to be reappointed as secretary to the government, to the same post he retired from two years earlier. But the Modi sarkar has many firsts (and in this instance, seconds) to its credit. So, there […]

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