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Heavy rain leads to waterlogging in Mumbai

Several parts of Mumbai received heavy rainfall on Tuesday night leading to waterlogging in some areas including Sion and Goregaon.
The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| 23 September, 2020, 08:06 AM IST | E-Paper
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    How remote work will create economic winners and losers

    Many workers could see an increase in disposable income and flexibility, but others could be pushed into contracting arrangements that lower their wages and make their livelihoods more precarious. Even highly skilled workers may find it harder to band together to improve their pay and working conditions.

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    • The need to just get work done has become a showcase opportunity for the best-of-breed software vendors to break through the noise and put some distance between their products and the tech-industry goliaths’ less-capable offerings.

      Palantir has recently been the subject of sustained protests over its government contracts, particularly its work with Immigration and Customs Enforcement, and critics have called on the company to stop assisting the agency with deportations.

      A likely scenario is that the Vision Fund will once again find bankers willing enough to front the required money, but one would expect (hope) they’d ask for some collateral to back it up and charge a hefty enough interest rate to make it worthwhile in these unstable times.

      Workplace chatting service Slack has filed a complaint in the EU against Microsoft, accusing the software company of anti-competitive behaviour.

      As people around the world grapple with the impact of the pandemic, Arianna Huffington talks about the importance of getting work-life balance, and why sleep is important to increase performance and efficiency.

      The company's chat, telephony and support software saw a surge in demand as clients looked to manage spikes in both demand and support requests while working from remote locations.

      SoftBank uses a number of approaches to value its stakes in private companies, including taking cues from their latest financing rounds and the valuations of publicly traded rivals.

      By focusing on the local China market first and targeting individual users, ByteDance will try to capture the latent demand in the country that’s been catalyzed by the coronavirus, said the people familiar with its plans.

      Startups that sell everything from mattresses to data-warehousing software have long used “making the world a better place”-style mission statements to energize and motivate their workers.

      Masayoshi Son isn’t timid, to be sure. His reputation is built upon decades of courageous bets that netted him, his investors, and his founders billions of dollars. The most famous being Jack Ma and a little e-commerce company that became Alibaba Group Holding Ltd.

      While corporate software may sound painfully boring, advancements in cloud computing and machine learning mean enterprise companies can give employees creative outlets. Investors liken the new opportunities to those once sparked for consumer startups by the advent of smartphones.

      The Indian startup ecosystem is in turmoil due to disruption in the investment activities. The impact of Covid-19 on the PE space led to a ripple effect on the startups, causing deals getting deferred and investments being paused.

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    The Economic Times