Quest to Be the World s Factory
With total incentives committed going as high as Rs 1.99 lakh crore over five years, PLIs now rival some of the biggest Government of India outlays such as Rs 3.05 lakh crore for reforms-based result-linked power distribution sector scheme and the Rs 1.4
Rajeev Dubey, Editor, Business Today
The Production Linked Incentive (PLI) Scheme - India s valiant answer to domestic and foreign manufacturers eternal gripe that producing in India was hopelessly unviable because of high taxes, high cost of logistics, finance, land, power and an endless list thereafter - was introduced for mobile manufacturers in 2020.
The Government of India s commitment to provide cash incentives up to 4-6 per cent of revenue from incremental local manufacturing aimed at import substitution got such an excitable response from companies that the Centre made mobile PLI the template to launch it in 12 other sectors. With total incentives committed going as high as Rs 1.99 lakh c
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For the first time in several years, securities fraud cases declined in 2020, largely due to the pandemic.
1 However, we don’t expect this decrease to continue. Just three months into 2021, there are a number of issues trending in this practice area, including:
Securities litigation against non-U.S.-based issuers;
Securities and derivative litigation arising from SPACs and de-SPAC transactions;
Securities and derivative litigation arising from COVID-19; and
Derivative litigation raising issues relating to diversity.
Increase in Securities Fraud Class Actions Against Non-U.S. Issuers
As reported in Dechert’s Annual Survey, securities class actions filed against non-U.S. issuers actually increased in 2020 going from 64 filed in 2019 to 88 filed in 2020, an increase of 37.5%,
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JERSEY CITY, N.J., April 14, 2021 /PRNewswire/ AvePoint, Inc. ( AvePoint or the Company ), the largest data management solutions provider for Microsoft 365, today announced AvePoint s preliminary financial results for the first quarter ended March 31, 2021. Although the Company s first quarter is historically our slowest quarter, the Company has achieved significant growth. We reported strong first quarter results with subscription revenue growth of 49% year over year at the mid-point of the range, said Dr. Tianyi TJ Jiang, CEO of AvePoint. Over the past two quarters we have made meaningful investments in scaling our go-to-market organization to accelerate growth and capture the significant market opportunity ahead. Our first quarter results continue the growth momentum we experienced in 2020 and combined with the ongoing ramp of our salesforce, gives us confidence in our outlook for 2021.
Regulating The UK As A Global Financial Centre - Speech Delivered By Nausicaa Delfas, FCA Executive Director Of International, Interim Chief Operating Officer And Executive Director Of International, At City & Financial Global s Future Of UK Financial Services Regulation Virtual Summit. Date
Event: City & Financial Global s Future of UK Financial Services Regulation Virtual Summit
Delivered: 13 April 2021
Highlights
We are fully committed to maintaining open and fair UK markets – and we will continue to regulate in the interests of consumers, competition and market integrity.
Whilst our markets are open, firms serving UK customers and businesses will need to meet consistently high standards, and there will need to be strong supervisory co-operation between our respective jurisdictions.