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The US has received enough petitions needed to reach the Congressionally-mandated 65,000 H-1B visa cap for the fiscal year 2021 and successful candidates for the most sought-after work visa among foreign professionals, including Indians, would be decided by a computerised draw of lots. The H-1B visa is a non-immigrant visa that allows the US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. The technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. US Citizenship and Immigration Services (USCIS) has said it has received a sufficient number of petitions needed to reach the congressionally mandated 65,000 H-1B visa regular cap and the 20,000 H-1B visa US advanced degree exemption, known as the master's cap, for fiscal year (FY) 2021. Successful applicants would be decided by a computerised draw of lots. “We have completed sending ... » Learn More about US reaches H-1B visa cap for 2021

SoftBank Group Corp said on Friday it has reached a settlement with WeWork 's special committee and the company's co-founder and former chief executive, Adam Neumann , putting to rest a legal battle dating back to 2019. SoftBank , the new owner of the office-sharing firm, did not disclose terms of the settlement. Media reports earlier this week indicated the deal includes a nearly $500 million cut in Neumann's payout from SoftBank. The legal tussle between SoftBank and Neumann started in 2019, when SoftBank agreed to buy around $3 billion in WeWork stock belonging to Neumann as well as current and former WeWork employees. SoftBank later contested its obligation to purchase the shares. Under the new settlement, SoftBank will purchase around half the shares it had originally agreed to buy, a source familiar with the talks had told Reuters on Monday. The settlement is also expected to clear the decks for WeWork as it reportedly pursues a public listing by merging with a ... » Learn More about SoftBank reaches settlement with former WeWork CEO Adam Neumann

For Quick Alerts Subscribe Now Corona vaccine price fixed at Rs 250 per dose in private hospitals View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Corona Vaccine Second phase of vaccination drive: Gujarat allows paid shots #Corona Vaccine Corona vaccine price fixed at Rs 250 per dose in private hospitals #Corona Vaccine Coronavirus cases: India reports 16,488 new COVID-19 cases, 113 deaths in past 24 hours #Corona Vaccine We are together in this: PM Modi tells WHO chief #Corona Vaccine 8-phase polls in WB: 3 ex-CECs say EC's decision must have been based on law and order situation assessment #Corona Vaccine Bharat Biotech signs pact to supply 20 mn doses of Covaxin to Brazil Just In 6 min ago Co-WIN app: Here's how to download COVID-19 vaccination certificate 33 min ago Centre committed to strengthen connectivity, bring ... » Learn More about Welcome move, but India has not beaten us in vaccine diplomacy: China

China will promptly implement the nation's three-year action plan for SOE reforms, with 70 percent of the goals completed by the end of this year, said Hao Peng, head of the State-owned Assets Supervision and Administration Commission of the State Council, at a news conference on Tuesday. Centrally controlled SOEs realized 1.4 trillion yuan ($21 billion) in net profits last year, an increase of 2.1 percent from a year earlier, and total assets hit 69.1 trillion yuan. During the 13th Five-Year Plan period (2016-20), the total profits and net profits of centrally controlled SOEs grew at an average annual rate of 8.8 percent and 9.3 percent, respectively. Centrally controlled SOEs played an exemplary role in the country's strategy, with the investment to the national strategy for regional development reaching an accumulative 17.9 trillion yuan during the 13th Five-Year Plan period, a surge of 36.4 percent compared to the figure during the 12th Five-Year Plan period (2011-15), Hao ... » Learn More about 3-year action plan for SOEs set for 70% completion by end of this year

Role-model companies set to foster country's high-quality growth efforts China will accelerate the optimization of State capital and industrial restructuring during the 14th Five-Year Plan period (2021-25) and create role-model companies to foster high-quality growth, senior government officials said on Tuesday. The government will promote the strategic reorganization and professional integration of centrally administered State-owned enterprises and divest their noncore, nonadvantageous and noncompetitive businesses during this period, said Hao Peng, chairman of the State-owned Assets Supervision and Administration Commission of the State Council. "This will help deal with ineffective and low-performing assets, and speed up the digital and smart upgrading of China's SOEs," he said, adding the government will focus on strategic security, industrial advantages, national economy, people's livelihood, public services and other functions while restructuring State capital in the next ... » Learn More about State capital optimization gets impetus

New Delhi: As the disengagement of troops has been fully completed along the Southern and Northern bank of Pangong lake, India and China will discuss disengagement from three friction points in Eastern Ladakh including Gogra, Hot Springs and Depsang plains in the Corps Commander level talks scheduled on Saturday. According to Army sources, India and China are set to hold the 10th round of Corps Commander level talks at 10 am on Saturday on the Chinese side of the Line of Actual Control (LAC) in Moldo. Meanwhile, Indian troops have moved to their depth locations after the disengagement. The disengagement of troops of the Indian Army and China’s People’s Liberation Army from the Line of Actual Control was reached after sustained negotiations at the military and diplomatic level, said the Ministry of External Affairs (MEA) last week. "This agreement was reached after several rounds of sustained negotiations at the military and diplomatic level," Anurag Srivastava, MEA ... » Learn More about India, China to discuss disengagement in Gogra, Hot Springs and Depsang plains on February 20

Unnao: The Uttar Pradesh on Thursday registered a case of murder based on the complaint of family members of the two girls who were found dead in a field in Unnao on Wednesday evening. According to reports, the Unnao Police has registered the murder case against unidentified persons under sections 302, 201 of the IPC.  The FIR has been registered at the Asoha Police Station on the basis of the complaint filed by the victims' family. The UP police chief earlier said that the cause of death of two of the three girls who were found unconscious in a field in Unnao district could not be ascertained, while poisoning has been confirmed in the third one, who is critical but stable at the moment. News agency PTI cited UP Police chief H C Awasthi saying, “Condition of the third girl found in a field in Unnao is critical but stable, the medical bulletin says it is a suspected case of poisoning.’’ The UP police chief further said that the “cause of death of two Unnao girls ... » Learn More about Unnao girls’ death case: UP police files murder FIR against unidentified persons

New Delhi: The three-match ODI series between India and England is set to be played minus fans with an eye on the COVID-19 pandemic. But whether all the games will be held in Pune or the last ODI will be shifted to Mumbai is a decision that is yet to be taken. Speaking to ANI, sources in the know of developments said that the BCCI is yet to take a call on whether all the games will be held in Pune or the final game will be played in Mumbai. "We will not have fans with an eye on the COVID-19 situation. But whether the last game moves to Mumbai or all the matches will be played in Pune is a call that is still to be finalised. We also need to keep the English cricket board in the loop," the source said. Untitled Carousel India vs England: Jasprit Bumrah released from squad for fourth Test India pacer Jasprit Bumrah has been released from the squad and will not be available for the selection for the fourth and final Test against England which gets underway from ... » Learn More about India vs England ODI series to be played behind closed doors

Bengaluru: Bruhat Bengaluru Mahanagara Palike (BBMP) officials on Saturday identified a cluster of COVID-19 cases in Sambhram College of Management Sciences in Attur where 15 cases were reported on Friday and three infections were recorded today. This came even as the examinations at Sambhram College of Management Sciences are underway. The students who have tested positive for coronavirus have been residing in paying guest (PGs) facilities. "New clusters have emerged. We are surrounded by Kerala and Maharashtra where cases are rising," said BBMP chief Manjunatha Prasad. He further added that most people coming from here are students and they have been tested and isolated. Karnataka on Friday reported 571 new COVID-19 cases, 642 recoveries, and 4 deaths. The total cases in the state reached 9,50,207 including 9,32,367 and 5,501 active cases. As many as 12,320 people have succumbed to the disease so far. ... » Learn More about New clusters have emerged in Bengaluru, surrounded by states with rising cases: BBMP chief

The Biden administration announced sanctions and visa bans on Friday targeting Saudi Arabian citizens over the 2018 killing of journalist Jamal Khashoggi , but stopped short of imposing sanctions on Crown Prince Mohammed bin Salman himself. U.S. President Joe Biden's actions in the first weeks of his administration appear aimed at fulfilling campaign promises to realign Saudi ties after critics accused his predecessor, Donald Trump, of giving the Arab ally and major oil producer a pass on gross human rights violations. A senior Biden administration official, speaking on condition of anonymity, said the approach aims to create a new launching-off point for ties with the kingdom without breaking a core relationship in the Middle East. Relations have been severely strained for years by the war in Yemen and the killing inside a Saudi consulate of Khashoggi, a U.S. resident who wrote columns for the Washington Post critical of the crown prince's policies. Importantly, the decisions ... » Learn More about U.S. imposes sanctions, visa bans on Saudis for journalist Khashoggi’s killing