Organizers of the New York International Auto Show are postponing the 12-day conference until late-August due to the evolving coronavirus outbreak in the U.S. — the first time the annual event has been rescheduled since WWII. The public show, which was set to begin early next month, is now scheduled for Aug. 28 through Sept. 6, the Greater New York Automobile Dealers Association, ... Read More »
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Sensex, Nifty Set for Best Weekly Gain Since 2011
Mumbai: Indian stock markets took a breather on Friday after four sessions of gains with shares swinging both ways, but the indexes were still poised for their best weekly gain in more than four years after the government unveiled a fiscally prudent federal budget. Investor sentiment has improved after the government stuck to its fiscal deficit target for the next ... Read More »
First Indian Tax Amnesty Since 1997 Seeks To Boost Compliance: Foreign Media
India’s Finance Minister Arun Jaitley offered residents with undisclosed income a one-time amnesty from prosecution as pressure mounted on Prime Minister Narendra Modi to deliver on his poll promise of unearthing black money. The window for declaring assets will open on June 1 for four months, Jaitley said in his budget speech on Monday. Taxpayers can get immunity from prosecution ... Read More »
HBO Now Has 800,000 Paying Subscribers Since April Launch
HBO Now, the standalone online version of the premium TV channel, has gained about 800,000 paying subscribers since it launched in April, contributing significantly to the 2.7 million net new HBO customers last year. The figure was revealed by HBO CEO Richard Plepler in a conference call following the release of parent Time Warner Inc.’s quarterly earnings results. The gains ... Read More »