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US reaches H-1B visa cap for 2021

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

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SoftBank reaches settlement with former WeWork CEO Adam Neumann

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

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PM Narendra Modi to inaugurate ‘The India Toy Fair 2021’ today: Check details

New Delhi : Prime Minister Narendra Modi will inaugurate 'The India Toy Fair 2021' on Saturday (February 27) at 11 AM via video conferencing. The fair will be held from February 27 to March 2 and aims to bring together all stakeholders including buyers, sellers, students, teachers, designers etc on a virtual platform to create sustainable linkages and encourage dialogue for the overall development of the industry, according to the Prime Minister's Office. In his Mann ki Baat address in August 2020, Prime Minister Narendra Modi had said that toys not only augment activity but also give flight to aspirations. Noting the importance of toys in the holistic development of a child, PM Modi has earlier also emphasized boosting toy manufacturing in India. "The India Toy Fair 2021 is being organized in line with this vision of the PM Narendra Modi," said the Prime Minister's Office. The PMO further stated that through this platform, the Government and the Industry shall ... » Learn More about PM Narendra Modi to inaugurate ‘The India Toy Fair 2021’ today: Check details

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New clusters have emerged in Bengaluru, surrounded by states with rising cases: BBMP chief

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

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Opinion: Can EVs pave the way for a greener electric nation?

B y Megha Jain and Vanyaa Gupta In the wake of incessant hike in fuel prices , there is no option left but to shift gears to renewable sources of energy. The sooner the better! Today, there have been continuous efforts to engage in renewable sources of energy for electricity generation that can further, be utilised to minimise the cost of various operations at present. Electric Vehicles (EVs) is one such example of utilizing energy in the most sustainable manner. As they say, ‘necessity is the mother of every invention’; today, there is a dire need for energy-efficient vehicles in India that could reduce the emission of chlorofluorocarbons (CFCs) in the atmosphere and in turn, could stop global warming . Needless to say, the recent calamity in Uttarakhand, India, which engulfed hundreds of lives because of global warming gives us even a stronger reason to further delve into this field. Let us take a closer look at it. EVs in the global market EVs have ... » Learn More about Opinion: Can EVs pave the way for a greener electric nation?

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No chance of being blacklisted by FATF: Pakistan

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 #Fatf Pakistan remains on FATF ‘grey list’, given time till June to implement full action plan #Fatf In supporting every wrong by Pakistan, Turkey trying to emerge as a new radical Islamic axis #Fatf Pakistan-Turkey radical Islamic nexus at FATF #Fatf To remain in the grey list: When appointing a US based lobbying firm too did not help Pakistan #Fatf No action against terror, Pak has failed to act on 6 action items stipulated by FATF #Fatf Pak continues to provide safe havens to terror entities, UN-designated terrorists: India Just In 5 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 No chance of being blacklisted by FATF: Pakistan

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Welcome move, but India has not beaten us in vaccine diplomacy: China

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

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Litmus test awaits Congress in Puducherry polls

For Puducherry Updates Allow Notification For Daily Alerts Keep youself updated with latest Puducherry News Cancel OK #Puducherry Ahead of PM's visit, holiday declared for schools in Puducherry today #Puducherry Kovind accepts resignation of Puducherry CM V Narayanasamy and his cabinet #Puducherry Ahead of Puducherry floor test, 2 more MLAs quit; govt's strength drops to 12 #Puducherry 3 more Cong MLAs to quit in Puducherry, govt sure to lose trust vote: BJP #Puducherry Puducherry CM convenes meeting of Congress MLAs after Lt Guv's trust vote direction #Puducherry Puducherry governor orders floor test in the legislative assembly on Feb 22 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 development in north-east region: Harsh Vardhan 58 min ago ... » Learn More about Litmus test awaits Congress in Puducherry polls

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HK youth encouraged to pursue their dreams in Greater Bay Area

In order to nurture Hong Kong youth's sense of belonging to the motherland, the special administrative region is joining hands with Guangdong province to officially kick off three programs as part of the plan to essentially help talented Hong Kong youth take part in the big story unfolding across the Guangdong-Hong Kong-Macao Greater Bay Area. "The Bay Area is a natural place for our young people to venture into and take advantage of the golden opportunities, right under their noses, brought about by China's innovation and entrepreneurship," Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor said at a ceremony in Hong Kong on Friday. The ceremony-"Greater Bay Area: Starting Line to a Bright Future" with a theme of youth development-took place as a tribute to the second anniversary of the promulgation of the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area. The event witnessed the official launch of three programs spearheaded by the Guangdong and Hong ... » Learn More about HK youth encouraged to pursue their dreams in Greater Bay Area

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3-year action plan for SOEs set for 70% completion by end of this year

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

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