The truth is we all know deep down that it's nonsense. It makes no sense for a company's value to fluctuate wildly from one day to the next and for a select few people to become extraordinarily rich from the labor of many. But we accept the system because things have always been this way and to advocate for something else would be, well, a bit radical, wouldn't it? … [Read more...] about Is capitalism a runaway car veering off a cliff?
Select the capital sources for corporations
Lufthansa’s owners need to agree to the bailout, which includes Germany taking a 20% stake in the carrier and the injection of 5.7 billion euros in non-voting capital. The vote is not expected to take place unless the EU has signed off on the rescue deal. … [Read more...] about Lufthansa hopes for speedy EU nod for bailout – sources
Creating a landmark ecological urban project In 2020, Novaland has continued implementing Phase 2 of its strategic development roadmap, primarily focused on the development of mid- to high-end properties with developments in centrally-located real estate in Ho Chi Minh City, satellite urban areas in Ho Chi Minh City’s surrounding provinces, and residential projects and integrated resorts (second homes) in high-potential tourism destinations. … [Read more...] about Novaland continues receiving capital from international institutions
"In a lot of ways what people were trying to look for was behaviour change which is the hardest change to make happen. Imagine ten years ago there was no Ola, Uber or Flipkart...many of these brands did not exist...you cannot imagine your daily life without them now... somebody had to subsidise their market creation," Khanna said justifying the move of VC firms who poured in millions of dollars in India. … [Read more...] about India’s startup ecosystem in a correction mode: Trifecta Capital
Welcoming the move, Mishi Choudhary, technology lawyer, said, “The Government of India has an amazing policy on adoption of Open Source software that encourages formal adoption and use of open source software in government organisations. We will be verifying that all code is open source and global best practices are followed.” … [Read more...] about Coronavirus | Aarogya Setu app is now open source, says government