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Sunday, February 28, 2021

Lead Clinical Data Manager

February 28, 2021 0
Lead Clinical Data Manager
Volt - Massachusetts - A clinical-stage bio-technology company are looking to hire a Lead Clinical Data Manager to be responsible for all clinical data management activities for studies assigned. Role Work with SAS and/or clinical systems programming to produce in-process data reports and data visualization tools to facilitate decision making on clinical trials (e.g., safety reviews). This role participates in cross functional team communications and meetings with both internal and external collaborators and oversees the data management activities at contract research organizations (CRO). The Lead Clinical Data Manager will also participate in the development of department documents and procedures and mentor more junior data management staff. Functions as internal Data Management Study lead, overseeing all data management activities performed by CROs including generation and review of metric status and patient tracking reports. Works to ensure on-time achievement of major data management deliverables and milestones in coordination with other functions Reviews and provides input into protocols and other clinical study documents during development Reviews and manages key documents such as data management plan, guidelines for CRF completion, data review, SAE reconciliation, and data audits. Provide DM-level review and input on study medical coding Following CDISC conventions, oversee or perform eCRF design and annotation, database design specifications; Develop or oversee CRO generation of data edit check specifications; Participate in user acceptance testing (UAT) of the clinical database, including edit check testing Provide input on Company specifications for internal study team data review plan and guidelines and Protocol Deviation specifications document Participates in study team data review; Perform data review for quality issues and general data trends; generate queries as necessary Defines/oversees data transfer specifications for external data sources (labs, ECGs, PK) and transfer of data; reconcile or oversee CRO lab reconciliation with clinical database Provide input on standard tools and reports Requirements Represent Company Data Management function at study level, and with internal colleagues. Bachelor's degree in scientific/technical discipline is required 5+ years of relevant work experience with a focus on data management Knowledge of clinical data management outsourcing with full-service global CROs and niche service providers Experience in clinical oncology indications, end points, data flow, data integrity, standards and data quality Apply now... - Permanent - Full-time

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Clinical Project Manager

February 28, 2021 0
Clinical Project Manager
Volt - Massachusetts - Volt have been engaged by one of the most exciting Biotech's in the world to recruit a Senior/Clinical Project Manager. This is a Biotech who are expanding in the UK & US at the moment. This company are making strong progress in Oncolytic Immunotherapy space. If this is an area that peaks your interest then this is definitely a company that will that will interest you. Volt has recently placed the Associate Director of Clinical Operations who has also given us great feedback about the company. The Clinical Project Manager will be responsible for: Planning, Oversight, and execution of project deliverables Lead cross-functional teams overseeing all project activities, managing the CROs and vendors Manage clinical operations and trial-related documents; review documents/study plans for completeness Identify and mitigate risks, investigate trends, address and resolve process errors. Establish study milestones, ensure accurate tracking and reporting of study metrics and timelines Prepare and Manage the study budgets throughout the trials The ideal candidate will have strong project management skills working in Oncology/Immuno Oncology Trials Apply now... - Permanent - Full-time

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Statistical Programmer

February 28, 2021 0
Statistical Programmer
Volt - Michigan - My client a small niche CRO in the US who are currently looking to expand their Biometrics department across the US. They are looking for up to 3-4 Statistical Programmers at all levels. The roles can be home-based anywhere across the US. Responsibilities; - Produce/Quality Control (QC) randomization lists (implement randomization plan) - Create/QC SAS data sets and associated documentation for internal use and for regulatory submission (e.g., CDISC, SDTM and ADaM) - Annotate/QC annotation of CRFs for submission data sets and publishing of annotated CRFs - Produce/QC TFLs from mock shells - Review CRFs and eCRFs for programming implementation - Review EDC data export downloads for compliance with export specifications - Perform EDC user acceptance testing (UAT) for programming implementation - Maintain awareness of developments (e.g., version differences, enhancements, changes) within SAS software Requirements; - MSc/PhD in Statistics, or equivalent - 5+ years experience in clinical trials - Proficient in SAS with a good basis of knowledge of statistical procedures. - SAS Base Programming Certificate Apply now... - Permanent - Full-time

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Life Insurance Sales Agent (Macon - GA)

February 28, 2021 0
Life Insurance Sales Agent (Macon - GA)
Lincoln Heritage - Macon, GA - Lincoln Heritage Life Insurance Company - Life Insurance Sales Agent We are searching for qualified, licensed life insurance agents to join the Nation’s Leader in Final Expense sales. The Lincoln Heritage Funeral Advantage program is a proven, full-support sales system. Come work with the best when it comes to Final Expense and be a part of our growing commissions based sales team! High pay out and fresh, quality leads are just two of the many benefits in partnering with Lincoln Heritage Life Insurance Company. Ask Yourself: How many years of experience do you have in life insurance and/or sales? Do you currently have a life insurance license? If not, are you willing to obtain a life insurance license? Are you comfortable with commission based sales? Job Requirements for Licensed Life Insurance Sales Agent Valid life insurance license (or willingness to obtain one in the near future) Self-motivated and disciplined with a strong work ethic Sales experience, customer service, and the ability to communicate well Comfortable working with the senior market Reliable transportation High school diploma or equivalent (GED) Comfortable working with commission based sales This is Why Licensed Life insurance Agents Want to Work with Lincoln Heritage: Competitive, top commission Superior lead program - TV, Direct Mail, and Digital leads Same day advances & residual income opportunity Group benefits including Health & Dental (for qualifying agents - based on production) 24 hour claims and underwriting assistance Exotic incentive trips for contest winners! Management opportunities and promotions Training tools and seminars Simplified and liberal underwriting 1-page application Excellent field sales support About Us: Lincoln Heritage Life Insurance Company is a privately-owned, national insurance company founded in 1963. We currently operate in 49 states. We maintain an A- (Excellent) rating with A.M. Best, and an A+ with BBB. During tough economic times, Lincoln Heritage Life Insurance Company continues to thrive and break sales records year after year. Our exclusive Funeral Advantage plan sets us apart from the rest. We take pride in our in-house lead program and know that you will appreciate not only the quality, but the quantity. Lincoln Heritage Life Insurance company is, without a doubt, the Nation’s Leader in Final Expense. We Want You to Come Join Our Team We are conducting an ongoing, nationwide insurance agent recruiting effort! This is a fast-paced sales position in a growing market with a successful life insurance company which strives to assist you in achieving your desired level of success. We’re looking for outgoing and dedicated insurance sales agents who are interested in a rewarding career in insurance sales. Make a difference - change your life, and your customer’s lives daily! Don’t miss out on this exciting career opportunity - call today to reap the rewards of joining Lincoln Heritage Life Insurance Company. Together, we make a difference. ©2017 Londen Insurance Group, Inc. All rights reserved. Lincoln Heritage Life Insurance Company and Lincoln Heritage Funeral Advantage are registered trademarks of Londen Insurance Group, Inc. Funeral Advantage is a trademark of Londen Insurance Group, Inc. recblid rhqnsuqn0lf7omtzer3s8ra515uvc0... - Permanent - Full-time

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Full Time Parts / Service Writer

February 28, 2021 0
Full Time Parts / Service Writer
B & R HEAD & BLOCK REPAIR - West Sacramento, CA - Full Time Parts/Service Writer Experience preferred but not necessary. Must be able to interpret Customer’s descriptions of their service needs. Duties include but are not limited to: Customer Service Answering High Volume calls Ordering parts Corresponding between multiple vendors Shipping and receiving Write up customer job cards Create sales orders as needed Knowledge of QuickBooks is a plus but not required. Apply with B&R! B & R Head & Block Repair is an Equal Employment Opportunity (EEO) employer and does not discriminate on the basis of race, color, national origin, religion, gender, age, veteran status, political affiliation, sexual orientation, marital status or disability (in compliance with the Americans with Disabilities Act) with respect to employment opportunities. We are an Equal Opportunity Employer. We are committed to equal treatment of all employees without regard to race, national origin, religion, gender, age, sexual orientation, veteran status, physical or mental disability or other basis protected by law. recblid thgpw8i3orj9jpw9a4us107g6sy9lb... - Permanent - Full-time

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Health Care Technician, Float Pool (FTR)

February 28, 2021 0
Health Care Technician, Float Pool (FTR)
Broadlawns Medical Center - Des Moines, IA - Job Description Performs selected clinical tasks for patients of all ages and other basic duties. Department Float Pool Status Full Time Shift/Hours Generally 7am-3pm, up to every other weekend (32 hrs/week) Qualifications HS Diploma or GED. Successful completion of 150 hour CNA course OR 120 hour CNA course with 2 years comparable work experience OR Bachelor's degree in healthcare related field OR 2 years work experience. Familiarity with the use of a computer. Broadlawns Medical Center is an Equal Opportunity Employer. Deadline March 5, 2021 recblid xl96stxktcm6vbqcomwft048sl45eb... - Permanent - Full-time

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Drills, Training, and Exercise Coordinator

February 28, 2021 0
Drills, Training, and Exercise Coordinator
Berkeley Lab - California - Lawrence Berkeley National Lab’s ( ) Division has an opening for a Drills, Training, and Exercise Coordinator to join the team. In this exciting role, you will apply knowledge in the areas of organizational preparedness, mitigation, response, and recovery to ensure the preparedness and continuity of LBNL essential missions and operations. Your duties include designing, planning, coordinating, and administering emergency drills and exercises to ensure compliance with various DOE orders, programs, and other requirements. You will support or lead efforts to track corrective actions and lessons learned as well as developing and/or revising technical procedures and planning documents. You will develop, deliver, and manage training over a wide array of emergency management topics to ensure employees are best qualified to support the Lab in an emergency. You will assist with program support activities to include readiness assurance, compliance, and technical writing. You will participate in emergency facility equipment and supply set up, testing, maintenance, and tracking. You will respond and participate in actual emergencies as a member of the LBNL Emergency Response Organization (ERO) and expected to be available for recall 24/7/365. What You Will Do: Assist the Emergency Manager in meeting institutional and regulatory requirements associated with development, administration, management, coordination, implementation, and maintenance of the Lab’s Emergency Management Program. Lead, administer, and/or support the LBNL Drills and Exercise Program for on-site and off-site facilities to promote the preparedness and resiliency of Lab essential missions and operations based on requirements outlined in DOE orders, associated guides, and the LBNL Comprehensive Emergency Management Plan. Develop and/or maintain a suite of key documents for the safe and effective testing and evaluating of protective actions and response exercises to include a multi-year drill exercise plan, process documents, exercise objectives, evaluation criteria, planning documents, and final reports and/or corrective actions and associated metrics. Serve as a controller during site drills and exercises, ensuring drills/exercises are well designed, personnel is briefed adequately, appropriate safety and security controls are in place, and post-drill critiques are conducted and documented properly. Develop and/or administer presentations for online and in-person training on topics including but not limited to: Emergency equipment and facility familiarization; Emergency Response Organization (ERO), Incident Command Systems; National Incident Management System; Community Emergency Response Teams, and other training activities as required. Maintain formal records for training and drills attendance and training certifications related to emergency management. Ensures training and exercise rosters, job aids, tables, contact lists, equipment lists, and other reference materials are current. Draft technical documents to include response plans and associated materials to promote preparedness, continuity, and resiliency efforts. Participate in maintaining, procuring, and tracking Emergency Operations Center equipment and emergency response supplies. Serve as a liaison between the Laboratory and UC Campus operations, as well as local, state, and federal emergency services organizations and agencies to ensure effective emergency planning, collaborative communication, exercise development and conduct, and valuable information exchange. Advocate for emergency management programs and LBNL preparedness and resiliency efforts by identifying and recruiting laboratory employees to participate in emergency management programs and initiatives. Position services on the ERO and is subject to 24/7/365 recall and assignment on extended hours or during nights, weekends, and holidays in support of incident management duties. What is Required: Bachelor’s-degree and approximately five years relevant experience in related field; or an equivalent combination of education, experience, and certifications in emergency management or other related fields. Demonstrated ability to develop and execute emergency management-related drills, exercises, and programs. Working knowledge of U.S. Department of Energy Order 151.1C, DOE O 150.1A, the National Response Framework (NRF), National Incident Management System (NIMS), Standardized Emergency Management System (SEMS), Homeland Security Exercise and Evaluation Program (HSEEP) and the Incident Command Systems (ICS). Demonstrated knowledge in the areas of preparedness, mitigation, response, and recovery, as well as working knowledge of the maintenance, activation, coordination, and support of activities in an operational Emergency Operations Center. Proven ability to effectively and diplomatically communicate both orally and in writing and work collaboratively with people in a wide variety of job classifications. Must possess proven ability to effectively cultivate and foster strong working relationships with team members, Laboratory personnel, management, and external contacts. Ability to develop and provide training classes, produce and deliver effective briefs, interpret and implement policies, plans, and procedures, and ability to multi-task to produce results in a fast-paced changing environment involving competing priorities and deadlines. Incumbent must be proficient with the use of personal computers and applicable software applications. This classification will require the use of a personal or Lab vehicle while conducting Lab business. In order to operate a vehicle, individuals must be physically capable of operating the vehicles safely and must possess an appropriate California motor vehicle operator’s license. Ability to work 24-hour on-call duty shifts, including weekends in order to become qualified to participate as an on- call member of the ERO. Desired Qualifications: Bachelor’s-degree and approximately eight years relevant experience in related field; or an equivalent combination of education, experience, and certifications in emergency management or other related fields. Relevant ICS certification(s) preferred to include those at the Unit Leader and Section Chief level. Exercise practitioner training such as the Master Exercise Practitioner Program (MEPP) through FEMA. Train-the-Trainer certification through FEMA or similar organization. Notes: This is a full-time, career appointment, exempt (monthly paid) from overtime pay. This position will be hired at a level commensurate with the business needs and the skills, knowledge, and abilities of the successful candidate. This position may be subject to a background check. Any convictions will be evaluated to determine if they directly relate to the responsibilities and requirements of the position. Having a conviction history will not automatically disqualify an applicant from being considered for employment. Diversity, equity, and inclusion are core values at Berkeley Lab. Our excellence can only be fully realized by faculty, students, and staff who share our commitment to these values. Successful candidates for our faculty positions will demonstrate evidence of a commitment to advancing equity and inclusion. Work will be primarily performed at: Lawrence Berkeley National Lab, 1 Cyclotron Road, Berkeley, CA. Equal Employment Opportunity: Berkeley Lab is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or protected veteran status. Berkeley Lab is in compliance with the Pay Transparency Nondiscrimination Provision under 41 CFR 60-1.4. Click to view the poster and supplement: "Equal Employment Opportunity is the Law." Lawrence Berkeley National Laboratory encourages applications from women, minorities, veterans, and other underrepresented groups presently considering scientific research careers.... - Permanent - Full-time

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Seasonal Warehouse Operator (Immediate Openings) - Earn up to $18/hr

February 28, 2021 0
Seasonal Warehouse Operator (Immediate Openings) - Earn up to $18/hr
Amazon - West Memphis, AR - Warehouse and Shopper Team Members Shifts: Overnight, Early Morning, Day, Evening, Weekend Location: Memphis Job opportunities vary by location. We update postings daily with open positions. Hourly pay rate: Earn $15 to $18 per hour* *Select Sites Immediate openings available now. Become part of the dedicated team that gets orders ready for people relying on Amazon’s service. From flexible part-time roles to full-time set schedules with health care benefits, Amazon has a variety of jobs. Amazon remains open as an essential business to serve our communities delivering critical supplies directly to the doorsteps of people who need them. Find out what Amazon is doing to provide a safe environment for employees at this time on our . Candidates must be 18 years or older with ability to read and speak English for safety. Reasons you’ll love working here: Health and safety are a top priority with all of our roles and sites. We continue to consult with medical and health experts, and take all recommended precautions in our buildings and stores to keep people healthy.  Earn more: You can expect a competitive wage and reliable paycheck when you work for Amazon. Career development: Many of our entry-level employees become leaders in operations, HR, and other areas. See where your Amazon journey can take you. Benefits: Our range of benefits can include health care starting on day one, employee discounts, 401(k) savings plans, paid time off and more! Find out which benefits you'll get after you choose your role with us. Stay active: You’ll be on the move for your whole shift in our fast-paced environments. Check out what some of our employees have to say about their jobs: Amazon is hiring for the following types of roles in your area: Fulfillment Centers – Work inside an Amazon warehouse, selecting, packing and shipping customer orders. If you like a fast-paced, physical position that gets you up and moving, then come help bring orders to life. Work a set, full-time schedule. Shift options include overnight and days, and usually at least one weekend day. Delivery Stations – Amazon’s delivery stations are the final stop before an order heads out for delivery to the customer’s door. In this active job you sort packages into delivery routes. To ensure we meet customer-promised delivery times, shift times will vary. Depending on your location, you’ll work a set schedule with hours that range between full-time and part-time. DELIVERY STATIONS (Heavy Bulky) – This is the final stop for larger items, like large screen TVs, furniture, and refrigerators, before they head out for delivery to the customers’ doors. In this active job, you will sort our heavier and bulkier packages into delivery routes. Our teams work overnight shifts to meet customer-promised delivery times during the day. You’ll work up to 19 hours per week on the days you choose. Flexible hours, a reliable pay rate, and no surprises! Sort Centers – It’s no small job to get every order from click to customer door. Our sort centers are the first stop on the journey from the warehouse. You’ll be up on your feet moving and sorting packages between trucks. These are part-time opportunities with a consistent schedule of 25-35 hours per week. WHOLE FOODS SHOPPERS – Prime Now offers shopping services from Whole Foods Market, so customers can order online and have items delivered in under two hours. As a Shopper, you’ll work in a grocery store setting at Whole Foods, locating and carefully selecting items and packaging them for delivery. If you need flexibility in your schedule, this job allows you to choose from available shifts each week to create your own. Flexible hours, a reliable pay rate, and no surprises! Basic qualifications: High school, GED, or equivalent diploma Amazon is committed to a diverse and inclusive workplace. Amazon is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation, please visit . Basic qualifications: High school, GED, or equivalent diploma Amazon is committed to a diverse and inclusive workplace. Amazon is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation, please visit . PandoLogic. Keywords: Warehouse Worker, Location: West Memphis, AR - 72303... - Temporary - Full-time

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Warehouse Handler (Immediate Openings) - Earn up to $17.8/hr

February 28, 2021 0
Warehouse Handler (Immediate Openings) - Earn up to $17.8/hr
Amazon - Phoenix, MD - Full-Time Warehouse Team Member Hourly pay rate: Earn $15.40 - $17.80 *The base pay for this role is $15.40/hr.  Get full healthcare and benefits Day 1 Location: Sparrows Point, MD Shifts: Overnight, Early Morning, Day, Evening, Weekend Full-time jobs available now. Training is provided, no experience necessary. Join our fulfillment center team that gets orders ready for people relying on Amazon deliveries. Choose from a variety of part-time shifts. Health and safety are always a top priority for us. We continue to consult with medical and health experts, and take all recommended precautions in our buildings and stores to keep everyone healthy. Find out what Amazon is doing to provide a safe environment for employees at this time on our COVID-19 FAQ page. Reasons you’ll love working at Amazon: Paid time off 401(k) savings plan Holiday pay opportunities On-the-job training and skill development Employee Assistance Program Check out what some of our employees have to say about their jobs: https://ift.tt/34NOkHB Candidates must be 18 years or older with the ability to understand and adhere to all safety guidelines and regulations. Amazon is hiring for the following types of roles in your area: FULFILLMENT CENTERS – Work inside an Amazon warehouse, selecting, packing and shipping customer orders. If you like a fast-paced, physical position that gets you up and moving, then come help bring orders to life. Work a set, full-time schedule. Shift options include overnight and days, and usually at least one weekend day. Basic qualifications: High school or equivalent diploma Amazon is committed to a diverse and inclusive workplace. Amazon is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation, please visit https://ift.tt/395YELS. Basic qualifications: High school or equivalent diploma Amazon is committed to a diverse and inclusive workplace. Amazon is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation, please visit . PandoLogic. Keywords: Warehouse Worker, Location: Phoenix, MD - 21131... - Permanent - Full-time

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SURGERY - ORTHOPEDIC - ADULT RECON PHYSICIAN

February 28, 2021 0
SURGERY - ORTHOPEDIC - ADULT RECON PHYSICIAN
Jackson Physician Search - Milwaukee County, WI - Physician led, community-owned non-profit health system with Mayo affiliation is building an elite orthopedic surgery team. We are seeking a fellowship trained orthopedic total joints surgeon to develop and grow the orthopedic total joints services throughout their 14 county service area. Brand new State-of-the-Art Orthopedic and Neuroscience Center to open 2021 100% Total Joint Surgery with dedicated OR's Dedicated Physician Assistants Very tenured support team Extremely competitive compensation and benefits package $850,000 + income potential Community: With an abundance of cultural activities, dining, shopping and nightlife, you're going to fall in love with this city along the shores of this beautiful Wisconsin lake. The city prides itself in great schools, colleges, an international airport, and fantastic healthcare systems. We invite you to experience this dynamic mix of big-city conveniences with small-town warmth and friendliness. For more information contact: Don Evans Senior Search Consultant Specialty: Surgery - Orthopedic - Adult Recon Employment Type: Full Time Physician led, community-owned non-profit health system with Mayo affiliation is building an elite orthopedic surgery team. We are seeking a fel...... - Permanent - Full-time

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Amazon Warehouse Assistant (Night Shifts Available) - Earn up to $690 a Week

February 28, 2021 0
Amazon Warehouse Assistant (Night Shifts Available) - Earn up to $690 a Week
Amazon - Newnan, GA - SHIFTS: Overnight, Early Morning, Day, Evening, Weekend LOCATION: NEWNAN, GA Job opportunities vary by location. We update postings daily with open positions. HOURLY PAY RATE: Earn $15/hr or more IMMEDIATE OPENINGS AVAILABLE NOW. Become part of the dedicated team that gets orders ready for people relying on Amazons service. From flexible part-time roles to full-time set schedules with health care benefits, Amazon has a variety of jobs. Find the right Amazon opportunity for you today. Amazon remains open as an essential business to serve our communities delivering critical supplies directly to the doorsteps of people who need them. Find out what Amazon is doing to provide a safe environment for employees at this time on ourCOVID-19 FAQ page [ Candidates must be 18 years or older with the ability to read and speak English for safety purposes. REASONS YOULL LOVE WORKING HERE: Health and safety are a top priority with all of our roles and sites. We continue to consult with medical and health experts, and take all recommended precautions in our buildings and stores to keep people healthy. EARN MORE:You can expect a competitive wage and reliable paycheck when you work for Amazon. CAREER DEVELOPMENT:Many of our entry-level employees become leaders in operations, HR, and other areas. See where your Amazon journey can take you. BENEFITS:Our range of benefits can include health care starting on day one, employee discounts, 401(k) savings plans, paid time off and more! Find out which benefits you'll get after you choose your role with us. STAY ACTIVE:Youll be on the move for your whole shift in our fast-paced environments. CHECK OUT WHAT SOME OF OUR EMPLOYEES HAVE TO SAY ABOUT THEIR JOBS: AMAZON IS HIRING FOR THE FOLLOWING TYPES OF ROLES IN YOUR AREA: Fulfillment Centers Work inside an Amazon warehouse, selecting, packing and shipping customer orders. If you like a fast-paced, physical position that gets you up and moving, then come help bring orders to life. Work a set, full-time schedule. Shift options include overnight and days, and usually at least one weekend day. BASIC QUALIFICATIONS: High school, GED, or equivalent diploma Amazon is committed to a diverse and inclusive workplace. Amazon is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation, please Logistics, Keywords: Warehouse Worker... - Permanent - Full-time

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Hospital Lab Tech II

February 28, 2021 0
Hospital Lab Tech II
San Diego, CA - UCSD Layoff from Career Appointment: Apply by 02/27/21 for consideration with preference for rehire. All layoff applicants should contact their Employment Advisor. Special Selection Applicants: Apply by 03/11/21. Eligible Special Selection clients should contact their Disability Counselor for assistance. DESCRIPTION Under direction of supervisor or manager, the Hospital Lab Tech works at various pathology locations and performs sample request handling, accessioning of tissue sample requests, including frequent handling of slides and blocks, assists with preparation of tissue material send-outs for testing, packages materials to ship, receives and files slides and blocks, retrieves slides and blocks from library, pulls slides and images for timor conferences, tracks samples and tissue materials in department and at other UCSD pathology locations, does follow up to locate missing materials, files reports, reports incomplete orders and questions on requests to designated staff, delivers and retrieves materials from lab sections for filling requests, reconciles billing reports, performs technical tasks as directed and trained. Primary duties will include: Accessioning of cytology and anatomic pathology surgical specimens, processing and staining of cytology specimens, assist physicians with Fine Needle Aspiration (FNA) procedures, archiving completed cytology cases. Additional duties will include: Inventory and ordering of supplies, equipment maintenance, preparation of stain reagents, timekeeping, clerical, telephone, communication with laboratory customers and other duties as needed. MINIMUM QUALIFICATIONS * Graduation from college with a major in an applicable natural science; or an equivalent combination of education and experience. * One (1) year of related high volume lab experience, preferably in a large complex healthcare organization. * Proficient knowledge of MS Office (Word, Excel, Outlook, Access). * Demonstrated high accuracy in work performance. * Excellent attention to detail. * Strong communication skills. PREFERRED QUALIFICATIONS * Pathology experience or clinical lab experience. * Specimen handling experience. * Reference lab specimen send out experience. * Bio-hazardous material shipping experience/certification. * Basic knowledge of FedEx/UPS send out/tracking and ability to multi-task with exceptional record keeping skills to track packages and pending orders. SPECIAL CONDITIONS * Must be able to work various hours and locations based on business needs. * Employment is subject to a criminal background check and pre-employment physical.... - Permanent - Full-time

source http://jobviewtrack.com/en-in/job-1f4e41614c064f3a4217484321286c2f0a5304011d12460b714c4f443b0b441c222f09034e3300431c6a211c595b54594c084f3a42174861200e1d170c541504493f4b493c1a1b5c5d/f2afab25ecc1b972c898fc92d932237d.html?affid=f584d43114bf1954a48e3ec6be21b6ec

ET Wealth | Should you stop VPF? | Economic Times

February 28, 2021 0
ET Wealth | Should you stop VPF? | Economic Times
Till a month ago, Nitin Aggarwal had no reason to alter the simple investment strategy he has followed for years. The Hyderabad based IT professional puts Rs 20,000 in equity funds and pours Rs 45,000 into the Voluntary Provident Fund (VPF) every month. “The VPF gives me 8.5% tax free returns, the highest for any fixed income instrument,” he says. However, the Budget proposal to tax the interest earned by contributions exceeding Rs 2.5 lakh a year could change this simple structure. Along with the mandatory contribution of Rs8,500, Aggarwal’s total monthly contribution to the Provident Fund is Rs 53,500, or Rs 6.42 lakh in a year. From April, the interest earned by Rs 3.92 lakh will get taxed, reducing Aggarwal’s returns to 5.85%. Since Rs 2.5 lakh contributed by him will still earn 8.5% tax free returns, his overall return from the Provident Fund will fall to 6.9%. “I am exploring other options that can give me better returns than 5.85%,” he says.His concern is shared by millions of Provident Fund subscribers. Only a small percentage of EPF subscribers have salaries high enough that their mandatory contribution breaches the annual threshold of Rs 2.5 lakh. But a large number of subscribers put more than the mandatory 12% of basic in this tax-free haven. An online survey conducted by ET Wealth shows that one out of two subscribers use the VPF to invest more than the mandatory amount in the Provident Fund. Also, over 51% of the 3,578 respondents contribute more than Rs 2.5 lakh a year and will, therefore, get impacted by the new tax that is proposed to kick in from April.The tax will impact middle and high income PF subscribersOne out of two respondents contributes more than the mandatory 12% of basic pay to Provident Fund. 81240501A caveat: online surveys are skewed towards middle and high income groups and leave out a large section of blue-collar workers who form the biggest chunk of subscribers to the Provident Fund. So, our survey represents the opinions of EPF subscribers from the middle and upper income groups.Many subscribers would reconsider investing in VPF now 81240529The findings support the Finance Ministry assertion that high salaried subscribers are pouring in large amounts into the tax-free haven. The figures are mind boggling. According to one news report, the 20 biggest subscribers have stashed away Rs 825 crore in their Provident Fund accounts. The largest account has more than Rs 100 crore, which means it is earning more than Rs 8.5 crore tax-free interest every year. That’s more than Rs 70 lakh tax-free interest earned every month. 81240537Two other accounts have more than Rs 85 crore each, which earns them over Rs 7.2 crore tax-free interest every year. Assuming these three individuals are in the Rs 5 crore income slab where the effective tax rate is 42.7% after the 37% surcharge, the government loses more than Rs 10 crore in tax on the Provident Fund interest that accrues to them every year. 81240546By putting a Rs 2.5 lakh cap on the contribution that will earn tax-free interest, the Budget has effectively brought down the shutters on this tax-free haven. It is a clever move, because it affects only the creamy layer of the salaried class.The respondents to our survey are across income levels, with less than 5% earning over Rs 1 crore a year and a little over 12% earning between Rs 50 lakh and Rs 1 crore. Even so, a significant 7% of the respondents put in more than Rs 12 lakh a year in the Provident Fund, with a tiny minority (2.8%) putting in more than Rs 24 lakh. Game over for VPF?Like Aggarwal, many contributors to the VPF are now exploring other options that can give them higher returns. Almost 74% of respondents to our survey say they will restrict their Provident Fund contribution to Rs 2.5 lakh a year and invest the remaining in some other investment option. That’s because the interest on the Provident Fund contributions above the threshold will be treated as income and taxed at the marginal rate applicable to the individual. In the 20% tax bracket (income between Rs 5 lakh and Rs 10 lakh), the returns will fall slightly to 6.7%. But in the 30% tax bracket, they will fall to 5.85%. For those in higher income brackets, the returns will be even lower. Those in the C-suite drawing more than Rs 5 crore a year will earn only 4.87% on their Provident Fund. 81240554Is this the end of the road for the VPF? Not really. Experts believe that though the new tax will pare the returns, the VPF still works out to be the best investment option in the fixed income space. “Other fixed income options such as bank deposits and bonds are offering 6-6.5%. Their post-tax returns are not comparable with what VPF will give,” says Archit Gupta, CEO of tax filing portal Cleartax.com. The RBI Savings Bonds launched last year are offering 7.15% but the interest is fully taxable. Investors should focus on the small savings schemes that are still tax free. “VPF investors who don’t have a PPF account should open one immediately. If one has a daughter below 10 years, one can go for the Sukanya scheme,” says Gaurav Garg, Head of Research, Capital Via Global Research. 81240571Some analysts believe that the new tax will make subscribers shift from the Provident Fund to market-linked or equity-based instruments. This may not happen, because someone who contributes a large amount to the Provident Fund generally has a low risk appetite. The perception of risk is not likely to change just because returns have come down. The biggest draw for the 26% respondents who want to continue with the VPF is the safety of their money, followed by the high post-tax returns and assured returns (see graphic). 81240576Even so, individuals should consider other saving options such as the NPS. “VPF investors should reduce the self contribution to the Provident Fund to Rs 2.5 lakh and invest the rest in NPS where they can claim additional tax deduction and potentially earn higher returns,” says Sudhir Kaushik, Co-founder of tax filing portal Taxspanner.com. Indeed, the tax benefits offered by the NPS can boost the returns for investors. “Instead of investing Rs 50,000 in the VPF, if the same money is put in the NPS, an investor can lower his tax by Rs 10,000-15,000,” says Kaushik.In the higher reaches of the income pyramid, where surcharges push up the effective tax rate to up to 42.7%, the returns from the Provident Fund contributions will fall to below 5%. For such individuals, the NPS benefit under Sec 80CCD(2) can be especially very bountiful. Under this section, up to 10% of basic pay put in the NPS by the employer is tax free. But as our survey shows, more than 72% of the respondents willing to explore such an option have already opted for this.Not many VPF investors are comfortable with NPS because it is a market linked product and the income is not entirely tax free. While 60% of the corpus is tax free on maturity, the remaining 40% has to be put in an annuity to earn a monthly pension that is fully taxable. VPF investors, on the other hand, are used to guaranteed returns and want tax-free income.With the VPF now losing its tax-free status, life insurance companies may see this as an opportunity to hawk guaranteed income plans. The returns of these plans are low but there are other benefits. There is no limit to how much you can invest and the income is fully tax free under Sec 10(10d) if the life cover is at least 10 times the annual premium. Also, unlike the Provident Fund rate which could come down in later years, the maturity corpus guaranteed under an insurance plan will not change.Some investors in the very high income groups, where the post-tax return from VPF is below 5%, may find these plans worthwhile. But keep in mind that an insurance plan is a multi-year commitment and will need to be continued for the full term. Stopping midway could lead to lapsation of policy or slapping of surrender charges.Another possible alternative to the VPF can be debt funds. If held for more than three years, the gains from debt fund investments are treated as long-term capital gains and taxed at 20% after indexation. Indexation takes into account the inflation during the holding period and accordingly adjusts the acquisition price upwards which lowers the tax. But bond yields have come down quite sharply in the past 1-2 years and may not move down from here. The yield to maturity of most debt funds is now close to 5-6%. This means a prolonged period of low returns for investors. If a fund delivered 6.5% compounded growth over three years and inflation was 5% per year, the post-tax return would be around 6.2%.Recent developments in the debt fund space has also dented the confidence of investors. Investors who are comfortable with some risk can venture into conservative hybrid funds that invest a small 10-15% of their corpus in equities to earn higher returns. But not many VPF investors would take that route.

AstraZeneca sells stake in Moderna for over $1B | Economic Times

February 28, 2021 0
AstraZeneca sells stake in Moderna for over $1B | Economic Times
AstraZeneca Plc has sold its 7.7% stake in Moderna Inc for more than $1 billion after the U.S. biotechnology company's shares soared on the back of its coronavirus vaccine breakthrough, The Times reported. The report added that it was not clear over what period British-based AstraZeneca sold its holding in Moderna. AstraZeneca and Moderna did not immediately respond to requests for comment. AstraZeneca is retaining partnership with Moderna on other disease treatments and could sell its AstraZeneca/Oxford University COVID-19 vaccine on a commercial basis in future if the virus becomes endemic, the report added. Moderna, whose vaccine is cleared for emergency use against COVID-19 in the United States, said last week it was expecting sales of $18.4 billion from its coronavirus vaccine this year.

Stock mkt to remain buoyant: Angel Broking MD | Economic Times

February 28, 2021 0
Stock mkt to remain buoyant: Angel Broking MD | Economic Times
Strong economic recovery will keep markets buoyant for quite some time to come and data-savvy new investors will ensure equity market participation is high, Dinesh Thakkar MD and Chairman, Angel Broking tells ET Wealth.With markets at record highs, what are your expectations for the next few years?Markets have shown tremendous recovery in the span of just 10 months. From the record lows of Nifty’s 7,500 points to 15,400 points now on the back of high liquidity flows, we are looking forward to a strong economic recovery to take this momentum forward. In addition, we have seen a lot of retail participation, especially among millennials and first-time investors, which shows their confidence in equity markets. We expect this trend to continue.What is the best way for investors to approach a runway market like this?Markets reflect growth in the economy. India has enough growth drivers to keep markets in a bullish mode for the long term. It is difficult to time the markets. The best approach for an investor is to regularly invest in 15 to 20 stocks reflecting the sectors contributing growth to our economy. It may appear overwhelming, but in this digital era there are easy-to-follow investor education programs and investment advisories available. We provide such help through Smart Money and ARQ Prime.Retail investors have taken to direct equities in a big way in the past year. How prepared are new investors to deal with market uncertainties?In the past 10 months, the industry opened more than one crore demat accounts compared to about 50 lakh in 2019-20 and about 40 lakh in 2018-19. At Angel Broking, we acquired approximately 16.5 lakh clients during this period, the majority being first-timers. They are mostly digital natives, reflecting a new India. This generation is characterised as fast adopters who are data savvy and have access through smartphones to a huge information base. They are also well networked through community platforms on the web. In March and April 2020, when markets corrected, we saw increased participation by retail investors who were otherwise waiting on the sidelines for a correction. They seem to understand the uncertainties of the market and are well educated to take calculated risks. They are young and ready to understand the vagaries of the * equity markets.What is your assessment of the cryptocurrency fascination among investors?Bitcoin and other digital currencies are gaining a lot of traction globally among the retail population. However, it all depends on the measures undertaken by the central institutions and their vision to make something of these currencies.Are surveillance measures in India robust to prevent/tackle systemic issues from episodes similar to Gamestop in US?Our regulators have been implementing many surveillance-related measures as well as monitoring limits based on free floats of every scrip listed on exchanges. They keep a close watch on the key parameters, like client concentration in a particular scrip, percentage of client turnover compared to market turnover, the curbing of excessive volatility, and scrip-wise circuit filters. Regulators have time and again updated regulations, keeping investor safety at the core. With all these measures in place and the continuous monitoring of live trading sessions, I am very confident that the regulators would be able to prevent a similar episode.2020 saw highest instances of broker defaults. How can investors be protected better?It is unfortunate these instances happened. However, the regulators are regularly monitoring the movement of funds and securities from client bank accounts and demat accounts maintained by the brokers. In addition, the steps taken by Sebi, such as daily reporting of clients’ ledgers and shares and direct integration with banks to obtain broker transaction data, are aimed to bring more transparency and boost investor confidence. I believe these measures will generate lots of confidence for retail investors.How is the competition from discount brokers redefining the industry? In the wake of this, what is Angel Broking’s strategy?Over the last couple of years discount brokers have experienced expanding market share, not only in client acquisition or NSE active client base but also in daily turnover on exchanges. This was primarily driven by simplified and uncomplicated pricing structure offered by flat fee players like Angel Broking. Now since majority of the players are moving to a similar product offering, we believe customer engagement and experience will be the key differentiator in future.At Angel Broking, it has been our constant endeavour to simplify the process thereby ensuring higher customer satisfaction. Technology is expected to play a pivotal role in taking the financial sector to the next level by helping overcome the challenges stemming from India’s vast geography and the fact that physical footprints in smaller locations are commercially unviable.Our superior digital properties, client engagement, and seamless customer experience have created a large pool of approximately 35 lakh customers. Despite nearly doubling our client base in the current financial year and expanding turnover based market shares, we believe there is tremendous scope for deepening the market and enhancing customer engagement by augmenting investment in technology and extensively using artificial intelligence and machine learning capabilities. A digital first focused company like ours will play a critical role in this development. Using this tech-intensive and customer-centric approach, we envision ourselves in the pole position over the next few years.

Franklin India Taxshield MF: Should you invest? | Economic Times

February 28, 2021 0
Franklin India Taxshield MF: Should you invest? | Economic Times
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.HOW THE FUND HAS PERFORMED 81240302WHERE THE FUND INVESTS 81240310BASIC FACTSDate of Launch: 10 April 1999Category: EquityType: ELSSAUM (As on 31 Jan 2021): Rs 4,151 crBenchmark: NIFTY 500 Total Return IndexWHAT IT COSTSNAV(As on 23 Feb 2021)Growth option: Rs 701.3175Dividend: Rs 42.9452Minimum Investment: Rs 500Minimum SIP Amount: Rs 500Expense Ratio(As on 31 Dec 2020) (%): 1.89Exit load: 0%FUND MANAGERS: R. Janakiraman, Lakshmikanth ReddyTenure: 4 years, 8 months eachTop 5 sectors in portfolio (%) 81240336Top 5 stocks in portfolio (%) 81240349Recent portfolio changesNew Entrants: Housing Development Finance Corp (Jan)Complete Exits: Dish TV India (Nov). Ambuja Cements (Dec. Titan Company, TVS Motor (Jan).Additions: Kotak Mahindra Bank, City Union Bank (Jan)How risky is it? 81240360Source: Value ResearchShould you buy?This fund has always maintained a large-cap bias while retaining a sizeable presence in mid and small-cap stocks. The fund manager runs a well-diversified portfolio while taking large positions in the top bets. There is no particular style preference, with the fund manager adopting an index-agnostic approach to picking stocks and sectors. The fund has struggled in recent years, underperforming its index and lagging behind peers. While it has seen a pick up in the last six months, the fund needs to show sustained improvement to be considered a worthy bet for the long term.

Investment lessons to learn from inflation | Economic Times

February 28, 2021 0
Investment lessons to learn from inflation | Economic Times
"Nevertheless it was the natural reaction of most Germans, or Austrians, or Hungarians— indeed as for any victims of inflation—to assume not so much that their money was falling in value as that the goods which it bought were becoming more expensive in absolute terms”.That’s a quote from the book When Money Dies by Adam Fergusson, a British journalist and politician. People who are familiar with economic history will know that this refers to the hyperinflation in these European countries after their defeat in the First World War. From June 1918 to November 1923, the total inflation in Germany was 9,248,560,000,000%. From its pre-war (1914) exchange rate with the US dollar of about 4 marks to a dollar, the German Mark was reduced to an exchange rate of 4,210,500,000,000 Marks to one dollar in November 1923, when it was finally abolished. Of course, the currency had become meaningless by that time, so much so that you can find photographs online of people using currency notes as wallpaper because the notes were essentially just paper. For the few months in 1923 when hyperinflation was its peak, the German people had reverted to mostly running a barter economy, or to using foreign currency as money. In 1914, you could buy 10 dozen eggs for 1 Mark whereas in 1923 if you wanted to buy 10 dozen eggs, you could pay for them with a pair of winter shoes in good condition.The basic economic facts about this episode of hyperinflation (which was the first such event) had been known to me for a long time but I had never read anything that presented how people lived through it and what they thought was happening. Hyperinflation seems to be such an esoteric event that people’s attitudes towards it didn’t really seem important except to a historian. However, this book has been a fascinating revelation. One realises that much of how people reacted to hyperinflation is how they react to normal levels of inflation that we have.Read the quote above. The key phrase is ‘as for any victims of inflation’. When prices started rising in Germany in 1919-20, most people thought that they were getting richer. They had a real asset and its worth in the number of Marks was going up, meaning they were getting richer. The idea that the asset was the same but actually the currency was losing value was not easy to comprehend. However, the ferocity of the inflation soon made them realise the reality.It turns out that in the modern world, the same thing is happening to us, except in slow motion. And slow motion is not a good thing because it keeps most of us from realising what is actually happening. You bought a piece of land 25 years ago. Now, you feel that your land is worth 40 times as much. However, that’s actually not the case. Your land is worth four times as much but the rupee is worth 1/10th as much and that’s how this illusion of 40X is created. Forty times the rupees is not 40 times the value. To see this more vividly, don’t measure your land’s value in rupees. Instead, measure it in litres of petrol or months of household expense or litres of milk and see how that has changed. Mentally, revert to the barter economy I spoke about above and see what the results are. It’s a good exercise in understanding the real impact of inflation on your savings and investments.This segregation of the 40X into a 4x rise in the land value and the 10x decline in the value of the rupee is hard to do instinctively but is in fact the key to making good investment decisions. For example, the safety vs returns dichotomy of so many investments that people make all the time looks very different when you subtract the inflation rate from the investments. Once you do that, you may realise that the safest investments actually do not even manage to completely compensate for the inflation rate. This can be a good lesson in understanding what safety actually is and what are real and what are false returns.(The writer is CEO, Value Research)

Buzz: Cyrus Mistry family on a tiger safari | Economic Times

February 28, 2021 0
Buzz: Cyrus Mistry family on a tiger safari | Economic Times
ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours:Eye on IndiaEvery year after the budget, this legal eagle packs his bag and heads for an American rendezvous, catching up with clients and updating them about the Indian dream. This year, thanks to the travel restrictions, that wasn’t possible and it had to be a virtual session. The exuberant gent lined up a series of transactions that he felt were top of the charts in terms of complexities and smooth execution. Odd though that most that made the cut were ones his firm had been involved with. We don’t know if the controversies that each one of them had attracted were also mentioned.Dickie SeatsThis sporting arena that made global headlines also houses close to 75 AC boxes for VIP guests. During the recent event, several local and national corporates spent Rs3.5-5.5 crore to buy these prime seats, only to be disappointed due to the early end of the game and the sub-optimal arrangements. The location of the seats and the poor hospitality meant money down the drain complained a few who had high hopes of mingling with political and business royalty for over five days.All Dressed UpWhen we received calls from over-eager PR executives hard-selling the turnaround story of this once industry leader, we were rather surprised considering its core business would have taken some hard knocks over the last few years thanks to government reforms.Apparently not, we were told, as the firm has turned a corner thanks to a brand new business model. We almost bought into the story till we realised the asset was getting prettied up for a sale — that explains the hoopla. After all, if you have a PE owner, that is inevitable. Watch this space as the action will firm up in the coming weeks.Jab We TookThe mandarins up on the hill are concerned about the hesitancy among some quarters about the efficacy of desi vaccine programmes, we are told. Two of the leading ad men of the country close to the current dispensation, Piyush Pandey and Suhel Seth, were entrusted with brainstorming and suggesting ways of dealing with misconceptions, especially among health workers, in a strategy paper. They have submitted their views, is what we learn. With CII acting as the nodal agency for coordination, we expect a mega PPP initiative soon.'Pawri Ho Rahi Hai'It’s lovely to see this once billionaire party boy settling into matrimony. Spending his first wedding anniversary with friends and family by the sea, it does seem some of the boisterous boyish charms are very much thriving but that’s totally acceptable, right? After all, it’s been a crazy year shuttling among Mumbai, Riyadh, Dubai and London, all in the middle of a global lockdown. You gotta let your hair down, sometimes.Safari SojournWhen we heard the Cyrus Mistry family had been tiger-spotting in Pench, we wanted to know if they were staying at the Taj, the only premier accommodation that we know of in the reserve. But just when we tried to ask him during brekkie after the jungle safari, the family hurriedly left the crowd behind. Clearly, the fanatically private family had no intention of being in the public glare. Before the apex court verdict that’s expected any moment, some downtime is indeed a necessity.

Golden Globes LIVE: 'The Crown' wins big | Economic Times

February 28, 2021 0
Golden Globes LIVE: 'The Crown' wins big | Economic Times
The 78th Golden Globes went live on Monday, taking place virtually for the first time in the history of the award show. The event is hosted by none other than comedians Tina Fey and Amy Poehler, who are returning for the fourth time, after hosting in 2013, 2014, and 2015. The two are hosting the show from opposite coasts due to the Covid-19 pandemic. Fey is presenting the show live from New York’s Rainbow Room, Poehler is live from the Beverly Hilton, in Beverly Hills, while nominees from various locations around the world join in. 81265058Mark Ruffalo, British actors Daniel Kaluuya and John Boyega, Aaron Sorkin and animated film 'Soul', were among the early winners at Sunday's virtual Golden Globes ceremony.Daniel Kaluuya wins the award for Best Performance by an Actor in a Supporting Role in Any Motion Picture at the… https://t.co/a0YKu4CxVU— Golden Globe Awards (@goldenglobes) 1614566463000 Ruffalo bagged the Best Actor in a TV series, while Emma Corrin won Best Actress in a Television Series for Netflix drama 'The Crown'.British royal drama 'The Crown' and comedy 'Schitt's Creek' won top television honors at the event. The 'Black Panther' star Chadwick Boseman, who passed away in 2020, won the Best Actor in a drama for 'Ma Rainey's Black Bottom'.Follow the live updates from the event here:Actor Daniel Kaluuya bags Best Performance by an actor in a supporting role for film 'Judas and the Black Messiah'.Congratulations to Daniel Kaluuya - Best Performance by an Actor in a Supporting Role in Any Motion Picture - Judas… https://t.co/tl50n0ACqM— Golden Globe Awards (@goldenglobes) 1614561122000Actor John Boyega won the Best Actor in a supporting role on TV for 'Small Axe'.Congratulations to John Boyega (@JohnBoyega) - Best Performance by an Actor in a Television Supporting Role - Small… https://t.co/Prbvr0Cz1N— Golden Globe Awards (@goldenglobes) 1614561379000Catherine O'Hara bags Best Performance by an Actress in a Television series - Musical or Comedy - for 'Schitt's Creek'.Movie 'Soul' wins the 'Best Motion Picture' - Animated at the Golden Globe Awards this year.Congratulations to Soul (@PixarSoul) - Best Motion Picture - Animated. - #GoldenGlobes https://t.co/IHa1xFrim5— Golden Globe Awards (@goldenglobes) 1614561976000Star Mark Ruffalo won the Best Performance by an Actor in a Limited Series, Anthology Series, or a Motion Picture Made for Television - 'I Know This Much Is True'. This is his first Golden Globe award.Congratulations to Mark Ruffalo (@MarkRuffalo) - Best Performance by an Actor in a Limited Series, Anthology Series… https://t.co/HdsM0iPDqW— Golden Globe Awards (@goldenglobes) 1614562568000Aaron Sorkin, the writer of 'The Trial of the Chicago 7', wins the night in the original script category as he bags Best Screenplay for the film.Norman Lear receives this year's Carol Burnett Award. Emma Corrin bags Best Performance by an Actress in a Television Series for Netflix drama 'The Crown'. It was her first nomination, and now her first win.Congratulations to Emma Corrin - Best Performance by an Actress in a Television Series - Drama - The Crown (… https://t.co/ATNQ6aaVKJ— Golden Globe Awards (@goldenglobes) 1614564508000Trent Reznor, Atticus Ross and Jon Batiste win Best Original Score in Motion Picture catergory for animiated film 'Soul'.While Diane Warren, Laura Pausini and Niccolò Agliardi win Golden Globes for 'Io Sì (Seen)' - Best Original Song - Motion Picture - 'The Life Ahead'.Show 'Schitt's Creek' bags Best Television Series! Actor Jason Sudeikis wins the Best Performance by an Actor in a Television Series for 'Ted Lasso'.Rosamund Pike wins Best Performance by an Actress in a Motion Picture - Musical or Comedy - for 'I Care a Lot'. Congratulations to Rosamund Pike - Best Performance by an Actress in a Motion Picture - Musical or Comedy - I Care… https://t.co/plfi9vmabM— Golden Globe Awards (@goldenglobes) 1614566000000Josh O'Connor bags Best Performance by an Actor in a Television Series for Netflix drama 'The Crown'.The Korean-American film 'Minari', which depicts the story about an immigrant family starting a farm in rural America in the 1980s, won best foreign language movie at the award show.Netflix drama 'The Crown' takes the crown as it bags best TV drama at the Golden Globe 2021 award show.Jodie Foster wins Best Performance by an Actress in a Supporting Role in for 'The Mauritanian'. Jane Fonda receives this year's Cecil B. deMille Award.Gillian Anderson bags Best Performance by an Actress in a Television Supporting Role for 'The Crown'.Star Anya Taylor-Joy won Best Performance by an Actress in a Limited Series, Anthology Series, or a Motion Picture Made for Television for 'The Queen's Gambit'.Late actor Chadwick Boseman wins Best Actor in a drama for 'Ma Rainey's Black Bottom'.Congratulations to Chadwick Boseman (@chadwickboseman) - Best Performance by an Actor in a Motion Picture - Drama -… https://t.co/TRkingGRyv— Golden Globe Awards (@goldenglobes) 1614569573000Filmmaker Chloé Zhao bagged Best Director - Motion Picture for 'Nomadland'. While director Jason Woliner's 'Borat Subsequent Moviefilm' wins Best Motion Picture in Musical or Comedy category at the Golden Globes 2021.Sacha Baron Cohen bags Best Actor in a Motion Picture - Musical or Comedy category for film 'Borat Subsequent Moviefilm' at the show.And the Golden Globe for Best Movie Drama goes to... 'Nomadland'! Congratulations to Nomadland (@nomadlandfilm) - Best Motion Picture - Drama. - #GoldenGlobes https://t.co/lPo4Dyy99d— Golden Globe Awards (@goldenglobes) 1614571262000Andra Day bagged Best Actress in a Motion Picture for movie 'The United States vs. Billie Holiday'.

Esports is the new rage in the Indian arena | Economic Times

February 28, 2021 0
Esports is the new rage in the Indian arena | Economic Times
Bengaluru: Inspired by the rapid pace of growth in the Indian esports sector, Animesh Agarwal, an esports professional, decided to move from just playing games to becoming an entrepreneur. The 25-year old, who launched a gaming talent agency recently, now divides his time between his gaming talent agency and attending invitation-only esports tournaments globally.Esports, which takes the form of organised, multiplayer video game competitions, particularly between professional players who are playing individually or as teams, is broadcast live for interested audiences, much like athletic sporting events.“Covid-19 really helped the gaming industry a lot because the only form of leisure apart from OTT platforms was gaming. We saw a huge surge of people following us across YouTube, Instagram, Loco,” Agarwal said. “Since we are very optimistic about how 2021 would be for gaming, we are going heavy with investments that we are putting into our company.”Agarwal’s rise from a professional player to an entrepreneur over the last three years points to the growing prominence of esports in India, where viewership doubled to 17 million in 2020. At the same time, the prize pool for esports grew about 25-30%, according to industry estimates.The ecosystem consists of players, tournament organisers, streaming platforms and brand sponsors—much like cricket and basketball. Unlike traditional sporting events, these tournaments can be played online too with referees.Consultancy KPMG estimates that the audience for esports will exceed 130 million by 2025. Recently the Olympic Council of Asia (OCA) included esports as a medal sport for the first time at Asian Games 2022.India AngleGlobal gaming firms, such as Activision, Garena and Supercell, which publish Call of Duty, Free Fire, and Clash of Clans, are lining up to invest in India’s esports ecosystem after PlayerUnknown's Battlegrounds (PUBG) had to exit late last year due to the Indian government's clampdown on Chinese or China-associated apps.Consumer and electronic brands are increasing budgets for sponsoring these tournaments, said industry executives who estimate that the highest prize pool in India was Rs1.5 crore and lowest has been Rs 1,000.“We are at most a couple of years behind (the US and China),” said Anirudh Pandita, founder of Pocket Aces, which owns game-streaming platform Loco. “PUBG had really set up the market. Now other publishers have seen that and that is why you see companies like Activision invest. They are looking at the market and saying there is real potential here.”Activision did not respond to queries emailed by The Economic Times."In the aftermath of the pandemic, mobile esports and streaming witnessed a significant surge in user base as people had more time on hand. In order to cater to this audience, multi-gaming platforms, streaming players and telcos have started to invest in esports tournaments to capture or engage their users," said Girish Menon, partner and head-media and entertainment at KPMG in India.India has seen brands—including Mountain Dew, Poco, Qualcomm, Logitech, Airtel, Dell, Acer, Coca-Cola, and Oppo—sponsoring esports tournaments and teams in the last two years. The increase in commercial interest is spurring greater interest in esports as a viable career option, according to industry executives. Sidharth Kedia, group CEO at esports company Nodwin Gaming, said that despite the cut in advertising budgets in 2020, the percentage contribution for esports has increased.Several companies that are part of the burgeoning esports ecosystem in India approached the government recently seeking a sports categorisation for the sector, and to separate it from online casual and real money gaming. “Esports is the only sport that can outrun cricket easily. We need government support to recognise it as a sport and not mix it with online gambling,” said Lokesh Suji, director of Esports Federation of India, who estimates there are 200 million esport enthusiasts in the country. “The biggest benefit of sports categorisation will be getting parental approval. Our athletes have a short shelf-life and peak at the age of 15-19.”Underscoring the growing interest in this category, Winzo, a real-money gaming platform, is organising online tournaments for esports such as Free Fire and Call of Duty. The platform, which regards esports tournaments as a source of content creation, also streams these events on YouTube.“Esport players have longer session durations and deeper engagement (compared to casual or real-money card games),” said Saumya Singh Rathore, co-founder at WinZO, who estimates that of the 60 minutes spent on the platform by a mobile gamer, a third or about 20 minutes is spent consuming content.“Esports is the next big thing and India is warming up to it gradually,” Rathore said.Real-money gaming platforms such as Winzo and MPL also categorise casual online games such as chess, carrom, and pool as esports—a practice that is unique to the Indian esports sector-- and also hosts online tournaments for these e-games.Sai Srinivas, Co-founder and CEO at Mobile Premier League (MPL), estimates that “in the next 5-6 years, an incredible number of digital athletes will emerge from India and win medals”. The company held a total of 432 speed chess, carrom, and pool tournaments last year. “As data becomes cheaper and devices become more accessible, the best way to enable physical sports is through digital sports,” he said.

JLR eyes strategic partnership for electric switch | Economic Times

February 28, 2021 0
JLR eyes strategic partnership for electric switch | Economic Times
Tata Motors-owned Jaguar Land Rover (JLR) is open to the idea of a strategic partner for Jaguar after having decided to convert the iconic brand into an ‘electric only’ range by 2025. This is aimed at both reducing the time to market and building economies of scale.“We need to look at the opportunities in terms of architectures that we could utilise or we find to give us a type of stunning, jaw-dropping design, or it may be that we might actually develop a platform internally to deliver these products that are drop-dead gorgeous,” JLR CEO Thierry Bollore told investors Friday. “I want to say, the choice of the platform has to respect the proportion of designs that are going to be proposed to us.”Under the new roadmap “Reimagine”, JLR expects to double the pace of expansion (4.5% compounded annual growth rate) between FY20 and FY26 compared with a CAGR of 2.8% in the last six.It has set a target of attaining 30 billion (Rs 3 lakh crore) of turnover by FY26, which would take Tata Motors’ group revenue to Rs 4 lakh crore in the next five years.The company is right-sizing production by 25% in the next five years and will take a write-off of Rs 15,000 crore within a quarter for shelving past projects.JLR will invest Rs 1.25 lakh crore in the next five years to carve a space for itself in the luxury car space.Better revenue growth, coupled with margin improvement from the ‘Refocus’ initiative and new architectures should result in an operating profit margin (EBIT) of 10% in FY26, compared with 4% in the first half of FY21.81265024

Kuaishou IPO lights up India’s short-video space | Economic Times

February 28, 2021 0
Kuaishou IPO lights up India’s short-video space | Economic Times
Mumbai: Last month, Kuaishou listed on Hong Kong’s stock exchange at a valuation of $160 billion—nearly as much as larger rival TikTok’s worth. By way of comparison, the IPO makes Chinese short-video app almost as valuable as Qualcomm, a storied chipmaker and holder of foundational wireless technology patents, whose market capitalisation is $167 billion.These developments are being closely watched in India’s short-video space, which mushroomed in the aftermath of the TikTok ban in June last year.Over the past few months, Indian short-video apps have been consistently among the top free apps on Google’s Play store. Times Internet’s MX TakaTak, Dailyhunt’s Josh, Sharechat’s Moj are leading the pack and indicating the traction gained in the absence of their Chinese rivals.Investors see the Kuaishou IPO as a giant thumbs up for the sector. “It will be a big positive,” said Anand Lunia, founding partner at India Quotient, one of the investors in Moj. “Now you know how to value a non-American, early-stage content company. We’re going to see a huge amount of capital now coming into this space in India.”In recent months, Google has backed Dailyhunt’s Josh and InMobi’s Glance, signalling the rising investor interest in the sector.“This (Kuaishou IPO) should open doors for multiple IPOs too,” said Lunia. “We feel that there will potentially be over a dozen companies launching IPOs in the social space in China in the near future.”Kuaishou boasts of 300 million daily-active users, and its Indian counterparts would likely have about 20-30 million DAUs. But these are much younger companies, said an executive at a short-video app, requesting anonymity.“The success of Kuaishou’s IPO has demonstrated the massive potential of the global short video market,” said Karan Bedi, chief executive officer of MX TakaTak’s operator MX Player. “It’s success story is a reflection of this new content format's success in various markets around the world, including India...It's exciting to see for us, as India’s No.1 short-video platform.”Kiko, another local short-video platform, said that it has already added to its platform video commerce, which happens to be one of the major revenue streams for Kuaishou. “Currently, we are receiving nearly 100 orders per day and have attained a GMV of Rs 30 lakh per month. We have also recorded steady growth in GMV of 20% on a month-on-month basis,” CEO Shivam Varshney said.Sumit Ghosh, CEO of Chingari, said, “If multiple players can thrive successfully in a market like China, then multiple companies in this space can come out of India as well.” It indicates that India is a very promising opportunity for investors looking at the short-video market, he said.Some investors, however, differed.“While some Indian players in this space have hit early scale, their business models may not end up like Kuaishou’s,” said Deepak Gupta, founding partner of WEH Ventures, an investor in short-video app Trell. For example, virtual gifts are one of the biggest sources of revenue for Kuaishou, but it has not been proven in India yet, he said.India AngleMultiple experts ET spoke with said that Indian over-the-top (OTT) players can also look at a valuation that’s six times their topline after they achieve significant size—Rs 200-250 crore in revenue and 20-25 million paying subscribers.“There is huge competition in the India OTT space with 40-plus players, but in the last few months, especially during the pandemic, the consumption has jumped manifold,” said a top executive at an OTT service. “The rise in engagement levels as well as the number of users has certainly increased the valuation of the OTT players.” He said that strategic or private equity investors will look for investment opportunities with a minimum size of Rs 1,200-1,500 crore.“The pure-play OTT services will always have much higher multiples, some will manage a range of 6-8 times topline in the current environment. The broadcast or legacy companies tend to have lower multiples as the valuation is blended with broadcast,” said a senior investment banker.However, a top executive at a broadcaster-led OTT service said that, at present, there is no price discovery as players are fairly small. “There is no science to the valuation of OTT services right now in the country. Currently, it is a combination of fair value and using subscribers as surrogate,” he said. There are very few pureplay OTT players in India, which can boast a significant size and topline.Most of the companies have either legacy broadcast business, like Star (Disney+ Hotstar), Zee Entertainment Enterprises (Zee5), Viacom18 (Voot) and Sony Pictures Networks India (SonyLIV). Some are associated with production houses like Balaji Telefilms (Alt Balaji) and Eros International (Eros Now) and MXPlayer (Times Group). Others are international players like Netflix, Amazon Prime Video and Lionsgate Play.Disclaimer: MX TakaTak’s operator MXPlayer is owned by Times Internet, a part of the Times Group that publishes The Economic Times and ETtech.com.

Trump hints at rerun for 2024 presidential polls | Economic Times

February 28, 2021 0
Trump hints at rerun for 2024 presidential polls | Economic Times
Former President Donald Trump hinted on Sunday at a possible presidential run in 2024, attacked President Joe Biden and repeated his fraudulent claims he won the 2020 election in his first major appearance since leaving the White House nearly six weeks ago. Addressing the Conservative Political Action Conference in Orlando, Florida, Trump vowed to help Republicans try to regain majorities - lost during his presidency - in the U.S. House of Representatives and Senate in 2022 congressional elections and dangled himself as a possibility for president in 2024. "With your help, we will take back the House, we will win the Senate and then a Republican president will make a triumphant return to the White House. I wonder who will that be?" he said, smiling. "Who, who, who will that be, I wonder." Trump's weeks away from Washington do not appear to have dimmed his anger at Republicans who voted to impeach or convict in a failed congressional effort to hold him responsible for inciting a deadly attack on the U.S. Capitol on Jan. 6. He singled out several such Republicans by name, like Senators Mitt Romney and Pat Toomey and House lawmakers Liz Cheney and Adam Kinzinger, and suggested he would support candidates who opposed them in Republican primaries. "Get rid of 'em all," he thundered. Trump repeated lies he has told about his Nov. 3 presidential election loss to Biden, and offered a withering critique of his Democratic successor's first weeks in office. "They just lost the White House," the Republican former president said after criticizing Biden's handling of border security. "But who knows, who knows, I may even decide to beat them for a third time." Trump and his allies spent two months denying his election defeat, and claiming without evidence it was the result of widespread voter fraud, before his supporters stormed the Capitol on Jan. 6 seeking to disrupt congressional certification of Biden's win. A civil war has erupted within the Republican Party, with establishment figures such as Senate Minority Leader Mitch McConnell eager to put Trump in the rearview mirror, and others, like Trump ally Senator Lindsey Graham, believing the party's future depends on the energy of the pro-Trump base. Trump declared the Republican Party united behind him, with opposition coming only from "a handful of Washington, D.C., political hacks." When he mentioned McConnell's name, the crowd booed. NO PLANS FOR THIRD PARTYHe said he had no plans to try to launch a third party, an idea he has discussed with advisers in the past couple of months. "We're not starting new parties. We have the Republican Party. It's going to be united and be stronger than ever before. I am not starting a new party," he said. In a straw poll, 55 per cent of CPAC conference participants said they would vote for Trump in the 2024 Republican presidential nominating race. Florida Governor Ron DeSantis came in second at 21 per cent. Without Trump, DeSantis led the field with 43 per cent, and other potential Republican candidates had single digits. But not everyone supported Trump. A separate question on the poll asked whether Trump should run again in 2024, with 68 per cent saying he should and 32 per cent opposed or having no opinion. Still, Trump fervor at the four-day CPAC event was so strong that Trump's eldest son, Donald Trump Jr., declared it "T-PAC" and participants rolled out a golden statue of the former president. Trump's flirtation with another run could freeze the Republican field for 2024 as other potential candidates try to decide whether they will have to compete against him. Many of those 2024 possible candidates spoke during the CPAC event. The Biden White House dismissed Trump's speech. "While the GOP casts about for a path forward, President Biden is going to remain laser-focused on crushing the virus, re-opening schools, and getting Americans back to work," White House spokesman Michael Gwin said after the speech. An hour into his 90-minute speech, Trump dove deeply into his unfounded claims of election fraud, going against the advice of confidants who believe he needs to look to the future. "We have a very sick and corrupt electoral process that has to be fixed immediately. This election was rigged," Trump said. "And the Supreme Court and other courts didn't want to do anything about it." "You won! You won!" the crowd shouted. Trump's campaign and his supporters brought dozens of failed lawsuits trying to overturn the results of the election, which Biden won by more than 7 million votes. The fraud claims were repeatedly rejected by state and federal officials. In the short term, Trump is making plans to set up a super PAC political organization to support candidates who mirror his policies, an adviser said. He sought to position himself as the lead critic of the new president, including on immigration and security along the U.S. border with Mexico, and the slow reopening of schools closed due to the pandemic. "Joe Biden has had the most disastrous first month of any president in modern history," Trump said. Recent Gallup polls have given Biden a job approval rating well past 50 per cent. Trump never achieved above 49 per cent.

Saturday, February 27, 2021

PM Modi calls for 100-day campaign for water | Economic Times

February 27, 2021 0
PM Modi calls for 100-day campaign for water | Economic Times
Underlining the importance of collective responsibility towards water conservation, Prime Minister Narendra Modi on Sunday called for a 100-day campaign to clean up all water bodies and prepare them for rain water harvesting before the monsoon season starts.In his monthly 'Mann Ki Baat' broadcast, Modi said water has been crucial for the development of humankind for centuries."We have to understand our collective responsibility towards water conservation," he said.The prime minister also said that when people feel proud of indigenous products then Aatmanirbhar Bharat does not just remain an economic programme but becomes a national spirit.Noting that monsoon will begin in many parts of the country by around May-June, the prime minister asked can there be a 100-day public campaign to clean up all nearby water bodies and prepare those for rain water conservation.In this regard, the Union Jal Shakti Ministry is also launching "Catch the rain" campaign and its main theme is "catch the rain, where it falls, when it falls", he said."This is the best time to think about water conservation in the summer months ahead," Modi said.He also said there is a need to make science more popular across the country and asserted that science cannot be limited to physics-chemistry and labs. Modi called for expanding science with a mantra of 'lab to land'.During the broadcast, the prime minister also rued not being able to make enough efforts to learn the world's oldest language, Tamil."In run up to Mann Ki Baat, I was asked if there was something I missed out on during these long years as chief minister and prime minister. I feel -- it is a regret of sorts that I could not make enough efforts to learn the world's oldest language Tamil. Tamil literature is beautiful," Modi said.

Would market fall continue next week too? | Economic Times

February 27, 2021 0
Would market fall continue next week too? | Economic Times
For investors, this is not the market to worry about. Even if we do not make a new high, individual stocks and the sectoral opportunity on the long-term investment remains, says Yogesh Mehta, Founder, Yield Maximisers.The worry point for most of the investors is whether or not we are going to see that accelerated fall continue next week. Do you believe it was a knee-jerk reaction owing to what we have seen overseas?The way the market has reacted to the rising bond yields and the rupee also depreciated by almost 1%, it seems it was not just an overreaction by the investors or the traders but may continue over next week also. There was a similar volatility in the budget week as well. These are the two events which if taken in consideration, shows there is a selling pressure at higher levels. March has always been a little scary as the year ends and even we do not want to see what happened in March 2020 so those are the bad memories. Putting it all together, we have seen some fearful action across the traders’ community. Nevertheless, for investors, this is not the market to worry about. Even if we do not make a new high, individual stocks and the sectoral opportunity on the long-term investment remains there. In other words, my opinion is that the prices ran much ahead of time and ahead of the growth they have shown in individual companies. It was not comfortable to buy at that level in the portfolio because you cannot buy something which is six, seven times current and forward 4-4.5 times price to book, especially in the private sector banks and the NBFCs. There was no comfort and that is why we have seen some reaction. Also, the global liquidity has taken a pause and this is also an additional factor. It may continue further for a few percentage points and then again buying interest will come back.

Budget session of Maha Legislature from Monday | Economic Times

February 27, 2021 0
Budget session of Maha Legislature from Monday | Economic Times
The Budget session of the Maharashtra Legislature will begin on Monday under the shadow of a surge in COVID-19 cases in the state, and is likely to be a stormy affair with the opposition BJP expected to corner the state government over various issues. The 10-day-long budget session will have eight working days and the budget will be tabled on March 8. Bills pertaining to departments such as revenue, higher education and home are likely to be taken up. A draft of the Shakti Act, which provides for strict punishment for crime against women and children, is under consideration of a joint select committee of both Houses. The state budget session is normally held for six weeks, but in view of the current pandemic situation, it has been curtailed. The BJP recently alleged that the Uddhav Thackeray-led Maha Vikas Aghadi (MVA) government was trying to curtail the session on the pretext of coronavirus situation to run away from debate on its "failures". However, state Parliamentary Affairs Minister Anil Parab on Thursday claimed that it was opposition parties which wanted a one-day session. The session will start with the address of Governor Bhagat Singh Koshyari to the joint sitting of the state Legislative Assembly and Council. The state government will also table supplementary demands on the first day. The House will hold discussion on the governor's speech on March 2, while next two days are reserved for discussion on supplementary demands, Parab said. The governor has so far not approved 12 names recommended by the cabinet for nomination to the Legislative Council. According to Parab, the Legislature will discuss proposals of opposition parties on March 5 and some bills will also be tabled. There will be no sittings on March 6 and 7. Parab had claimed that the opposition suggested a one-day session due to the COVID-19 situation, "but we decided to have a ten-day session". Leader of Opposition in the Assembly Devendra Fadnavis recently pointed out that election of the new Speaker was not on the agenda of the meeting. The post fell vacant following the resignation of Nana Patole, who has taken over as the Congress's state unit chief. The state Legislature's budget session was curtailed last year also in the wake of the outbreak of COVID-19. On Saturday, Maharashtra reported more than 8,000 new COVID-19 cases on the fourth straight day, raising the caseload in the state to 21,46,777. The death toll in the state due to the pandemic has reached 52,092, as per official data. Chief Minister Uddhav Thackeray last Sunday asked to follow "COVID-appropriate" behaviour and safety norms, and said he would observe for a week to 15 days and then decide whether to impose another lockdown. The BJP has accused the government of mismanagement of the COVID-19 crisis and failure to boost development works. It will raise in the House the issue of state Forest Minister Sanjay Rathod's name being linked to the death of the woman in Pune. The BJP had earlier warned that it would not allow the Budget session to proceed smoothly if Rathod did not resign. The minister has denied the allegations against him. The government is also likely to face questions from the opposition over the last month's fire at a hospital in Bhandara where 10 newborn babies died, and delay in help to farmers affected by floods and cyclone in parts of the state. Incidents of atrocities against women in COVID-19 care centres and alleged corruption in various government departmentsare also likely to be raised during the session. Fadnavis a few days back said government did not want to be questioned on issues such as "rampant corruption".

'Insurance most-preferred financial product' | Economic Times

February 27, 2021 0
'Insurance most-preferred financial product' | Economic Times
New Delhi: Insurance has become the most-preferred financial product to protect the family against health emergencies post the COVID-19 pandemic with more people inclined to invest in insurance products in the next six months, according to a survey from Tata AIA Life Insurance. According to a consumer confidence survey on the impact of COVID-19 commissioned by research agency Nielsen, life insurance turned out to be the most preferred financial tool driven by the need to secure family's future financially and the concern around medical emergencies. The survey also found that most consumers would like to buy life insurance in the next six months as part of their investment plans. The survey conducted on 1,369 respondents across nine centres revealed that during the pandemic, 51 per cent of the respondents invested in life insurance, while 48 per cent invested in health-related insurance solutions, which is higher than other financial asset classes. More than half of the respondents said their views towards life insurance have changed positively due to the pandemic and 49 per cent want to invest in buying a life cover in the next six months and 40 per cent intends to invest in health insurance. The survey said 30 per cent of the people invested in life insurance for the first time during the pandemic, while 26 per cent invested in health-related insurance solutions for the first time. Financial security against medical emergencies and expenses has become the topmost priority, with as many as 62 per cent mentioning about it and a majority of 84 per cent saying they are still concerned about self and family due to coronavirus. 61 per cent were worried about themselves/family and their top concern is the economic slowdown. "Of the respondents concerned about self and family, 50 per cent are worried about mental health due to increased workload due to Covid-19 pandemic. Among female respondents, 55 per cent said they are concerned about the mental health due to the increased workload during the pandemic. "41 per cent people are buying financial products online more often than before Covid-19 pandemic," the survey said. Among the other asset classes, one-third of the respondents said they invested in bank or company fixed deposits, and 30 per cent invested in mutual funds, while 24 per cent invested in stocks, 17 per cent invested in gold/digital gold. "Life insurance has clearly emerged as the preferred financial asset as per our Covid sentiment study. There is a distinct shift towards considering life insurance as the primary source of future financial protection, followed by health and wellness solutions. "The survey findings have helped capture and unravel the transition in customer usage and attitude towards life insurance," said Venky Iyer, CDO and Head marketing, Tata AIA Life Insurance. The survey reveals that with changing money needs and priorities, consumers' monthly allocation towards insurance, savings and investment, has increased. With less discretionary spends and more focus towards essentials spending, consumers are motivated to save, and invest more in life insurance than they were pre-Covid, he observed. Tata AIA Life said the motive behind doing the survey was to get a comprehensive understanding about consumers' usage and attitude pre and post Covid-19 pandemic towards financial instruments and type of life insurance policies. The survey was conducted on salaried, business and self-employed male and female in the age-group of 25-55 years through computer-aided web interview.81227013

RIL gains, others lose Rs 2.2 lakh cr in m-cap | Economic Times

February 27, 2021 0
RIL gains, others lose Rs 2.2 lakh cr in m-cap | Economic Times
NEW DELHI: Nine of the 10 most-valued companies lost a whopping Rs 2,19,920.71 lakh crore in their total market valuation last week with the barometer Sensex tanking more than 3 per cent.Reliance Industries (RIL) was the only scrip to post gains in its market valuation among the top 10 valued companies.Among losers, Tata Consultancy Services' market valuation tanked Rs 81,506.34 crore to Rs 10,71,263.77 crore. The valuation of HDFC Bank declined by Rs 2,202.12 crore to reach Rs 8,45,552.53 crore.The market capitalisation (m-cap) of ICICI Bank dropped by Rs 18,098.57 crore to Rs 4,13,078.87 crore and that of Hindustan Unilever by Rs 11,536.32 crore to Rs 5,00,937.14 crore.HDFC's valuation declined by Rs 35,389.88 crore to reach Rs 4,57,518.73 crore and that of Infosys by Rs 16,613.57 crore to Rs 5,33,487.07 crore.The market capitalisation of Bajaj Finance fell by Rs 15,712.46 crore to Rs 3,15,653.33 crore and that of Kotak Mahindra Bank dipped Rs 30,695.43 crore to Rs 3,53,081.63 crore.The valuation of SBI went down by Rs 8,166.02 crore to reach Rs 3,48,238.34 crore.Lone gainer RIL, on the other hand, added Rs 2,092.01 crore to its valuation which stood at Rs 13,21,044.35 crore at close on Friday.Key benchmark index Sensex dropped by 1,786 points or 3.46 per cent last week amid weak global cues.The 30-share index posted its biggest single-day fall in nearly 10 months on Friday while the NSE Nifty plunged over 568 points to crack below the psychological 15,000-mark, tracking global selloffs triggered by a panic in bond markets overseas.In the ranking of 10 most-valued companies, RIL was at the top of the chart followed by TCS, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, SBI and Bajaj Finance

How past vaccine races can help win this one | Economic Times

February 27, 2021 0
How past vaccine races can help win this one | Economic Times
“The vaccine works. It is safe, effective, and potent.”In 1955, those were the words that told the world U.S. scientist Jonas Salk’s polio shot was a success. It was news greeted with popular jubilation, ringing church bells and boldface banner headlines. The sort of heartfelt relief that most of us can readily identify with, more than a year into a coronavirus pandemic that has now killed 2.5 million people.In an age when rich countries have largely forgotten the ravages of infectious disease, we have spent the past months grappling with the impact of a highly contagious illness that does not discriminate. We now hope our technological and medical advances can accomplish in months what it took decades to achieve in the past with poliovirus, smallpox or measles. As those rejoicing at Salk’s victory soon found, the first vaccines are the end of the beginning — not quite the beginning of the end.The two viruses are very different. Poliomyelitis is primarily spread through contact and infected fecal matter, while Covid-19 is usually transmitted through respiratory droplets. The first tends to affect young children, and can invade the nervous system. The second appears to hit the elderly hardest. Polio has triggered no pandemics, no economic crashes. Yet the large-scale campaign against what was once called infantile paralysis, and the fear that preceded it, is arguably the closest precedent to today’s effort. 81253710There’s good news in that. Past inoculation successes are reminders of what is possible: We know that vaccination works. There were also painful mistakes that stand as salutary reminders for modern policy makers that ending viral nightmares requires sound judgment, investment and trust.Records of polio cases date back centuries, perhaps as far back as ancient Egypt, but epidemics only became a serious scourge in Europe and the United States as the last century dawned. The first recognized U.S. outbreak was in Vermont in 1894. Others followed. In 1916, a devastating summer in New York brought death, lockdowns, anti-immigrant prejudice and culls of cats. It left a trail of dread. The annual number of U.S. cases peaked in 1952 at nearly 60,000.Many more children died in accidents or from cancer over these years, but panic was widespread. Images of patients in iron lungs, huge metal chambers designed to help patients breathe, terrified. So did young children in leg braces. By the 1950s, the only thing Americans feared more than polio was the nuclear bomb.81253714Ending that took a crusade. President Franklin Roosevelt, who contracted polio in 1921, helped turn a rehabilitation charity into an unprecedented national campaign that touched nearly every American, encouraging them to give just one coin for research. They did, sending them in such large numbers the White House could hardly cope. The March of Dimes began in 1938, transformed fundraising and collected hundreds of millions of dollars.Then, success. Salk got to the finish line first with an inactivated virus vaccine, earning him popular adulation, though not necessarily the respect of his peers. Albert Sabin, a bitter rival who developed a different, live virus oral vaccine approved a few years later, dismissed it as “kitchen chemistry,” arguing the University of Pittsburgh scientist had simply put together findings others had made. Still, thanks to both, cases plummeted.After a year or so of Covid-19, we have vaccine breakthroughs, but we’re not yet near the finish line; eradication is distant. There are too many unanswered questions. We don’t know enough about how immunity works after illness or vaccination, nor do we fully understand transmission. Cases go untraced. The goal of today’s shots is to bring down mortality rates, and to keep health systems running. Children will not be immunized for months. Eventually, though, the target will shift. Victory will require mass and even routine inoculation while tackling significant skepticism.81253718As that happens, it’s worth considering that the world has been here before. There are lessons to carry into the 21st century.At the most basic level, it’s clear that central government-led policy — leadership — is crucial at every stage, from supporting vaccine development to dissemination. The official decision to get behind polio inoculations didn’t guarantee a cure, but without support would have taken far longer. So too with Covid-19. In the U.S., Operation Warp Speed, a $12 billion-plus effort to fund vaccines, was a rare bright spot in the Trump administration’s otherwise dismal handling of the outbreak. Investment in manufacturing may have saved months. It’s a pity so much time was wasted by the same officials, failing to plan adequately for the actual injections.A sound strategy will have to include insuring that even the least-affluent countries have the necessary healthcare structures, without which routine immunization, cold chains to preserve vaccines, timely testing, monitoring and oversight — the basics for control of Covid-19 and any subsequent viruses — will be impossible. It’s a priority that has been neglected for too long already. While good governance helps, poor decisions create disproportionate and lasting damage. In the U.S. campaign against polio, not unlike Covid-19, the first hiccup was dissemination. President Dwight Eisenhower’s administration simply did not see distribution as its role. That was “socialized medicine,” opposed by the then secretary of health, education and welfare. One official quoted in David Oshinsky’s “Polio: An American Story” suggested that an allocation program would “constitute an undesirable precedent.” Shortages plagued the early years of the campaign, as did inequities in access at a time when U.S. schools were only just being desegregated.But what followed was worse. In the rush, inspection failures allowed tainted vaccines from one manufacturer, Cutter Laboratories, to get through and spread polio among children and their communities, leaving some 200 paralyzed and 10 dead. The pause that followed meant more than 28,000 mostly avoidable cases were reported in 1955, Oshinsky writes. The incident and the obfuscating official statements around it caused deep misgivings and still fuel anti-vaxxers today. It ushered in far tighter regulation in the U.S. and beyond, a boon. It also opened the floodgates to predatory litigation that kept large pharmaceutical firms away from vaccines, seen as high risk and low reward.Trust is vital to success. It’s striking today to read accounts of a 1947 smallpox scare in New York during which, according to the city’s health commissioner, some 6.4 million people were inoculated in less than a month, most within two weeks. That’s spectacular compared to the current pace of Covid-19 vaccinations. Authorities at the city level were able to take decisions that might be impossible today, and there are questions on the exact figures. But a popular belief in science, clear messaging, and reports like that of President Harry Truman rolling up his sleeves helped stop the spread. In 1956, Elvis lent a hand in the polio fight when he was vaccinated on live television.Rebuilding that confidence is tough, whether in politically polarized Western societies or regions like Pakistan and Afghanistan, where misinformation and threats have helped wild polio remain endemic. In 2003, rumors in northern Nigeria that polio vaccinations were contaminated with anti-fertility agents caused a devastating boycott. Five years later, the country accounted for nearly 90% of type one wild polio cases globally. Combating that means education and swift response to local concerns, especially in countries that may have competing priorities. Vaccine mistrust dates back centuries, but it’s far more pernicious in the age of the internet. It requires presence in communities, where peers can answer questions and concerns.It’s vital, not just in developing nations, to get through to everyone with reason — not condescension, let alone coercion. There remains, to quote one British parliamentarian debating smallpox in 1807, the liberty of doing wrong.History tells us that the best vaccination efforts are built on collaboration and coordination. We know that the U.S. and Soviet Union working together at the height of the Cold War was instrumental in testing the oral polio vaccine. In the 1960s, a Soviet freeze-drying technique helped provide smallpox vaccine doses for developing countries, supported financially by the U.S. Later, a global effort helped dramatically reduce polio cases — and even that might have happened more easily if the emerging world hadn’t been left to last, or cost had not dominated concerns for too long. The live vaccine has been crucial, but combined with poor inoculation practices has also led to a surge in vaccine-derived polio.We’ve seen over the past few months that fast action is possible with investment and commitment. Full victory is more elusive. Aidan O’Leary, director for polio eradication at the World Health Organization, emphasized to me the importance of aiming not for coverage targets, but for zero cases. It’s relatively easy to get to 50% or even 70% coverage, and soon Western economies will rebound — but the countdown to zero implies that not even the most vulnerable are missed, and that’s tougher. It demands sustained investment and momentum.The smallpox vaccine was discovered in 1796. After a false start, an intensified WHO eradication plan got under way in 1967. There are questions about compulsion, but the illness was vanquished by 1980. Not all efforts have had similar success, because illnesses have been harder to control, vaccines not fully effective or governments stumbled. The economic impact and financial focus on Covid-19 suggests success is more likely than ever before. Learning lessons from history can make it a triumph for everyone.

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