Business Operation – India Business http://indiabusiness.info/ Fri, 08 Oct 2021 21:29:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://indiabusiness.info/wp-content/uploads/2021/06/icon-5-150x150.png Business Operation – India Business http://indiabusiness.info/ 32 32 Are Tesla and Texas a Perfect Match? It is debatable. https://indiabusiness.info/are-tesla-and-texas-a-perfect-match-it-is-debatable/ https://indiabusiness.info/are-tesla-and-texas-a-perfect-match-it-is-debatable/#respond Fri, 08 Oct 2021 20:40:37 +0000 https://indiabusiness.info/are-tesla-and-texas-a-perfect-match-it-is-debatable/ Tesla’s move from Silicon Valley to Texas makes sense in many ways: Company CEO Elon Musk and conservative lawmakers who run the state share a libertarian philosophy, favoring few regulations and low taxes. . Texas also has room for a business with big ambitions for growth. “There is a limit to the size you can […]]]>

Tesla’s move from Silicon Valley to Texas makes sense in many ways: Company CEO Elon Musk and conservative lawmakers who run the state share a libertarian philosophy, favoring few regulations and low taxes. . Texas also has room for a business with big ambitions for growth.

“There is a limit to the size you can grow in the Bay Area,” Musk said Thursday at Tesla’s annual meeting at its new plant near the Texas capital. “Here in Austin, our factory is five minutes from the airport and 15 minutes from downtown.”

But Texas may not be the natural choice Mr. Musk claims to be.

Tesla’s stated mission is “to accelerate the world’s transition to sustainable energy,” and its customers include many who want sports cars that don’t blow greenhouse gases out of their tailpipes. Texas, however, is run by conservatives who are skeptical or opposed to efforts to tackle climate change. They also fiercely protect the state’s large oil and gas industry.

And, despite the state’s business-friendly reputation, Tesla cannot sell vehicles directly to customers due to a law that protects car dealerships, which Tesla does not use.

Tesla’s move is not surprising: Mr Musk threatened to leave California in May 2020 after local officials, citing the coronavirus, forced Tesla to shut down its auto plant in the San Francisco Bay Area. But his decision to move to Texas highlights some gaping ideological contradictions. His company is at the forefront of the electric car and renewable energy movement, while Texas lawmakers, who have greeted him enthusiastically, are among the most resistant to the remoteness of the economy from the United States. oil and natural gas.

“It’s always a feather in the Texas hat when it comes to a business far from California, but Tesla is both intrusive and welcome,” said Jim Krane, energy expert at Rice University in Houston. . “It’s a clumsy juxtaposition. It is a state that derives a large portion of its GDP from oil and gas and here is a fierce competitor to this industry. “

In February, a rare winter storm caused the Texas electricity grid to collapse, leaving millions of people without electricity or heat for days. Soon after, state leaders sought – wrongly, many energy experts say – to blame the blackout on renewables.

“It shows how the Green New Deal would be a deadly deal for the United States of America,” Governor Greg Abbott said of the blackout on Fox News. “It just goes to show that fossil fuels are needed by the state of Texas as well as other states to ensure that we can heat our homes in the winter and cool our homes in the summer.”

Mr Musk, a resident of Texas since last year, appeared to offer a very different view on Thursday, suggesting that renewables could actually protect people from power outages.

“I was actually in Austin for that blizzard in a house with no electricity, no lights, no electricity, no heat, no internet,” he said. “It went on for several days. However, if we had had the solar plus Powerwall, we would have had lights and electricity.

Tesla is a leading manufacturer of solar panels and batteries – the company calls one of its products Powerwall – for homeowners and businesses to store renewable energy to use when the sun goes down, when electricity prices are higher or during power outages. The company reported $ 1.3 billion in revenue from the sale of solar panels and batteries in the first six months of the year.

Mr. Musk’s announcement that Tesla would move its headquarters from Palo Alto, California, came with few details. It is not known, for example, how many workers would move to Austin. It’s also unclear whether the company will maintain a research and development operation in California in addition to its Fremont plant, which is a short drive from headquarters and which it has announced will expand. . The company has about 750 employees in Palo Alto and about 12,500 in total in the Bay Area, according to the Silicon Valley Institute for Regional Studies.

It’s also unclear how much money Tesla will save on taxes by moving. Texas has long used its relatively low taxes, lower than California’s, to attract business. County officials have already approved tax breaks for the company’s new plant, and the state may offer more.

Over the years, California has given Tesla hundreds of millions of dollars in tax breaks, which Gov. Gavin Newsom noted on Friday. But because Tesla will continue to operate in California, it may still have to pay taxes on its sales in the state, said Kayla Kitson, a policy analyst at the California Budget & Policy Center.

Whatever incentives they offer Tesla, Texas officials are unlikely to change their support for the fossil fuel industries the company competes with.

In a letter to state regulators in July, Abbott called on the Utilities Commission to urge the state’s energy market “to foster the development and maintenance of adequate sources of energy. and reliable, like natural gas, coal and nuclear power ”.

The governor also ordered regulators to charge suppliers a “reliability” fee for wind and solar power because, given the natural variability of wind and sun, suppliers could not guarantee that they would be able to. provide electricity when needed.

Mr Abbott’s letter made no mention of battery storage, suggesting he saw no role for a technology that many energy experts say will become increasingly important in smoothing wind power production and solar. Tesla is a major player in this type of battery. Its systems have helped power grids in California, Australia and elsewhere, and the company is also building a large battery in Texas, Bloomberg reported in March.

Texas does not have clean energy mandates, although it has become a national leader in the use of solar and wind power, in large part due to the low cost of renewables. The state produces more wind power than any other.

Another issue that divides Tesla and Texas is the state law on how cars can be sold there.

Like some other states, Texas has a long history of laws to protect auto dealers by prohibiting automakers, including Tesla, from selling directly to consumers. California, by far the company’s largest market, has long allowed the company to sell cars directly to buyers, earning it more money than if it were to sell through dealerships. .

Tesla has showrooms all over Texas, but employees aren’t even allowed to discuss pricing with potential buyers, and showrooms can’t take orders. Texans can buy Tesla online and pick up vehicles at its service centers.

Once the Austin plant begins producing vehicles, including a new pickup that Tesla calls Cybertruck, those vehicles will have to leave the state before they can be delivered to customers in Texas.

Efforts by Tesla and some state lawmakers to change the law came to naught, including in the legislative session that ended this year. This is in part because the auto dealers have enormous political influence in the state.

Perhaps once Tesla moves to Austin and starts producing cars, Mr. Musk could have enough political clout to get the legislature to act. However, Texas lawmakers typically only meet every two years, so it will likely take until at least 2023 for the company’s customers to receive a car straight from its factory there.

Michael Webber, professor of mechanical engineering at the University of Texas at Austin, said Mr. Musk’s decision to move to Texas may have been influenced in part by the ability to pressure the state to change its law.

“The Texas auto market is America’s second largest auto market after California, so if you’re selling cars, it makes sense to connect with your customers,” Mr. Webber said. “The Texas auto market is particularly difficult outside of cities due to legislative barriers. “

There were already signs on Friday that some in Texas, including those involved in oil and gas and related industries, were happy to have Tesla because it could potentially employ thousands of people.

“This can only be positive for Texas because it brings more business to Texas,” said Linda Salinas, vice president of operations at Texmark Chemicals, near Houston. “Even though it’s not about fossils, it’s still a business. “

She said Texmark could even benefit from Tesla’s manufacturing operations in the state. “Texmark produces and sells mining chemicals to people who mine for copper, and guess what the batteries are made of? “

Pierre Eavis contributed reports. Susan C. Beachy contributed research.



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India’s trust: Mukesh Ambani brings 7-Eleven to the country https://indiabusiness.info/indias-trust-mukesh-ambani-brings-7-eleven-to-the-country/ https://indiabusiness.info/indias-trust-mukesh-ambani-brings-7-eleven-to-the-country/#respond Thu, 07 Oct 2021 09:25:00 +0000 https://indiabusiness.info/indias-trust-mukesh-ambani-brings-7-eleven-to-the-country/ Reliance Retail, the trading arm of the Mukesh Ambani conglomerate, announced Thursday that it will open the first 7-Eleven stores in India, just days after the fast-service chain lost its local partner. The two don’t seem to waste any time: Reliance says the first 7-Eleven store will open in Mumbai on Saturday, in just two […]]]>
Reliance Retail, the trading arm of the Mukesh Ambani conglomerate, announced Thursday that it will open the first 7-Eleven stores in India, just days after the fast-service chain lost its local partner.

The two don’t seem to waste any time: Reliance says the first 7-Eleven store will open in Mumbai on Saturday, in just two days.

“This will be followed by rapid deployment in key neighborhoods and shopping areas,” with an initial focus on the Greater Mumbai region, Reliance Retail added in a statement. Stores should offer customers personalized drinks and snacks based on local preferences.

Ambani is the richest person in India, with a net worth of $ 99.1 billion, according to the Bloomberg Billionaires Index. Isha Ambani, his daughter and director of Reliance Retail, helped announce the deal.

The announcement came just days after 7-Eleven pulled out of a deal with another large local retailer.

On Tuesday, Future Retail said it had reached a mutual agreement with 7-Eleven to cancel an existing partnership to develop and operate stores across the country.

In a brief statement, Future Retail said it “was unable to meet the required goal of opening stores and paying franchise fees”.

The company has previously said the pandemic has had a “significant negative impact” on its business operations. Recently, Reliance has been intent on acquiring Future Retail, although it is locked in a fierce legal battle with Amazon (AMZN) for months on the potential deal.
In August, the Supreme Court of India ruled in favor of Amazon’s efforts to stop the acquisition.
In recent months, Ambani has revealed aggressive ambitions to take on both Amazon and Walmart (WMT), which dominate online shopping in India. Reliance is building JioMart, an e-commerce platform that could eventually offer everything from electronics and clothing to pharmaceuticals and healthcare.
Silicon Valley has given billions to Asia's richest man, but not everything is going according to plan

In a statement Thursday, Isha Ambani said Reliance Retail was “proud” to team up with 7-Eleven, “among the most iconic global brands in the convenience retail landscape.”

Joe DePinto, CEO of SEI, owner of 7-Eleven, added in the same statement that the new merger would help bring the chain “to millions of Indian consumers.”

“India is the second largest country in the world and has one of the fastest growing economies,” he said. “Now is the perfect time for the world’s largest convenience retailer to make our entrance.”

– Diksha Madhok contributed to this report.


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Winthrop officials reach consensus on marijuana commercial fees https://indiabusiness.info/winthrop-officials-reach-consensus-on-marijuana-commercial-fees/ https://indiabusiness.info/winthrop-officials-reach-consensus-on-marijuana-commercial-fees/#respond Wed, 06 Oct 2021 19:45:06 +0000 https://indiabusiness.info/winthrop-officials-reach-consensus-on-marijuana-commercial-fees/ WINHROP – Officials reached consensus on annual licensing and application fees for marijuana businesses on Monday. While there was no formal vote at Monday night’s meeting, the consensus of Winthrop city councilors will be included in an ordinance that will be considered for approval at their meeting next month. The agreement was based on information […]]]>

WINHROP – Officials reached consensus on annual licensing and application fees for marijuana businesses on Monday.

While there was no formal vote at Monday night’s meeting, the consensus of Winthrop city councilors will be included in an ordinance that will be considered for approval at their meeting next month.

The agreement was based on information gathered by Ed Vigneault of the Town Planning Council and presented in the Council’s file. Vigneault’s report is the result of an investigation in six cities in central and southern Maine with prescriptions for adult use and medical marijuana similar to the one Winthrop will review in November.

The survey looked at median prices and price ranges for several types of businesses, and the council’s consensus was to opt for median prices for all grow facilities except adults. For these, they decided to go with the upper limit of the range.

“I realize they have to invest in filtration, fans, hydroponics and all that, but given the large amount they can grow in an area of ​​up to 2,000 square feet or 7,000 feet squares, I just think (the median) is a bit low, ”Councilor Elizabeth Peters said.

With cultivation aimed at adults being a high-profit area, she suggested going up to the maximum range for each type of facility in that category.

“We’re going to have marijuana farms all over this city, and I just think if you’re going to grow, then you’re going to pay to gamble, because it’s a very profitable business in the adult business,” Peters said. . “It’s different for medical marijuana; they have a whole different product line but i think for adult use it should be higher.

The maximum range price for an adult facility with an awning up to 500 square feet, based on the survey, is $ 1,500. The maximum range for one up to 2,000 square feet is $ 2,500, $ 5,000 for up to 7,000 square feet and $ 15,000 for over 7,000 square feet.

Councilors Anthony Wess and Priscilla Jenkins have said they would like the city to charge a little less than the maximum range for this category. Peters explained that his reasoning for supporting the maximum range is in part so that Winthrop “doesn’t become a giant pot farm.”

Wess said he didn’t want to hit the top of the range as a “go to business” and recommended amounts slightly below the upper limit instead.

Councilor Linda Caprara said that at the end of the day, going just below the maximum wouldn’t make a big difference.

“Like I said, it’s just a salute to the business community,” Wess said. “I don’t want to be the city that charges the most.”

Right now, Peters said, there is a great demand for grow facilities due to limited supply.

“We are doing recreational tourism right now,” she said. “We welcome tourists who come here for recreational marijuana. What I suggest we do for the fees is a drop in the bucket compared to what they will do if they can grow such a large amount in such a large space. It’s nothing for them.

According to the survey, the median price of annual license fees for other types of businesses is: $ 2,000 for a registered medical marijuana dispensary; $ 1,400 for a medical marijuana retail store; $ 1,500 for an adult marijuana store; $ 420 for a full scale operation for medical marijuana caregivers; $ 420 for a multi-care medical marijuana facility; $ 1,250 for a medical marijuana manufacturing plant or an IHS medical marijuana extraction operation; and $ 1,400 for an adult marijuana product manufacturing facility, medical marijuana testing facility or adult marijuana testing facility.

Vigneault’s investigation also found that state license application fees range from $ 200 to $ 400, which covers the base cost of the review process.

The consensus of the board of directors on the license application was to go with the lower bracket.

The next city council meeting, according to the city website, is Nov. 1 at 7 p.m.


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IBM to manage Honda’s financial and procurement operations across Europe https://indiabusiness.info/ibm-to-manage-hondas-financial-and-procurement-operations-across-europe/ https://indiabusiness.info/ibm-to-manage-hondas-financial-and-procurement-operations-across-europe/#respond Wed, 06 Oct 2021 06:40:22 +0000 https://indiabusiness.info/ibm-to-manage-hondas-financial-and-procurement-operations-across-europe/ IBM has signed a five-year agreement with Honda Motor to manage and execute the automaker’s financing and supply operations across Europe. As part of the contract, IBM will provide an integrated end-to-end service to help Honda improve efficiency, reduce costs, standardize processes in its European operations and lay the foundation for its Zero Touch ambitions. […]]]>

IBM has signed a five-year agreement with Honda Motor to manage and execute the automaker’s financing and supply operations across Europe.

As part of the contract, IBM will provide an integrated end-to-end service to help Honda improve efficiency, reduce costs, standardize processes in its European operations and lay the foundation for its Zero Touch ambitions.

Commenting on the partnership, Dave Miller, Managing Director of IBM for the Honda Global Account, said: “We look forward to bringing our business process experience, technology and transformation methodologies to help Honda Motor Europe bring even closer its Zero Touch ambitions. “

IBM plans to manage Source-to-Pay, Record-to-Report and Order-to-Cash processes for Honda Motor Europe. According to the tech giant, standardization and process simplification are designed to enable the application of the latest advances in automation, which can provide the automaker with additional cost and quality benefits.

The duo signed their finance and purchasing department agreement in the first quarter of this year.

“We have a great working relationship with IBM, who have become a trusted partner and I am confident that they will bring tremendous expertise to help us make the changes necessary to meet industry challenges and emerging opportunities.” , said Joe Crump, chief executive. , Business Administration, Honda Motor Europe.


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For those Instagram-only business owners, Monday’s blackout was a wake-up call https://indiabusiness.info/for-those-instagram-only-business-owners-mondays-blackout-was-a-wake-up-call/ https://indiabusiness.info/for-those-instagram-only-business-owners-mondays-blackout-was-a-wake-up-call/#respond Tue, 05 Oct 2021 19:30:20 +0000 https://indiabusiness.info/for-those-instagram-only-business-owners-mondays-blackout-was-a-wake-up-call/ For most of the billions of Facebook, WhatsApp and Instagram users around the world, Monday’s blackout was annoying. But for Holly Rockbrune, it was something much more serious. That’s because she and her business partner Jenna Parkes use Instagram, the Facebook-owned social media platform, to run Jolie.tte, an online store selling vintage and antique French […]]]>

For most of the billions of Facebook, WhatsApp and Instagram users around the world, Monday’s blackout was annoying.

But for Holly Rockbrune, it was something much more serious. That’s because she and her business partner Jenna Parkes use Instagram, the Facebook-owned social media platform, to run Jolie.tte, an online store selling vintage and antique French items to their customer base of 35,000. subscribers.

Founded in 2019, the company has grown rapidly and Rockbrune says it is on track to achieve roughly $ 250,000 in net sales this year. But that came to a screeching halt when Instagram went down, as Jolie.tte operates exclusively on the platform.

From marketing and sales to customer service, the entire Jolie.tte operation was temporarily shut down around noon Monday.

“Everything is closed”

“When the power went out for Instagram, it all stopped,” Rockbrune, who lives in Toronto, told CBC News in an interview. Mondays are typically a busy day for the store, which releases new items twice a week on Tuesdays and Fridays, and partners typically spend the day promoting what’s to come.

“We haven’t been able to post any of our teaser photos, which is extremely damaging,” she said. “It’s really our only advertising medium to get people to come to our online store to buy things.”

Worse yet, Jolie.tte uses WhatsApp – also owned by Facebook – to communicate with her marketing agency, and the messaging service was also offline for much of the day.

“When it first happened, I was in a panic because I thought something was wrong with my account, like I had been hacked – our business is ruined.”

When this first happened, I was in a panic because I thought something was wrong with my account, like I had been hacked – our business is ruined.– Holly Rockbrune, co-owner of Jolie.tte

Things got back online late Monday, but for Rockbrune, the experience was revealing.

“If it was longer term, if it was down for several days or a week, we wouldn’t have any means of communication with our customers,” she said.

“It stressed me out. I started to think ‘how do we reach these customers?’ and I don’t really have a good answer for that. “

The owners of Jolie.tte were not the only ones stressed by the outage. Tanya Tessier runs Mararamiro Home + Studio, an online store and photography studio that realized on Monday how much he relied on Instagram and WhatsApp for every part of his business.

Coincidentally, the store had planned to launch its fall pick on Monday and planned to spend the day gifting its latest merchandise to its more than 3,000 subscribers.

But it didn’t go as planned, Tessier told CBC News in an interview. “We’ve been stranded all day.”

“If one day the platform is gone, we’ll kind of have all of our marketing eggs in one basket,” she said. Worse yet, given that WhatsApp was also offline, Tessier was unable to find any new articles as expected. On Monday, the company was to liaise with a purchasing agent in North Africa, where WhatsApp is the most reliable means of communication.

“She was going to select and research products for us, so normally we would work together on WhatsApp video sharing and price negotiations… but we were completely cut off,” Tessier said.

“I don’t know what the immediate solution is, [but] certainly a scary reminder that we should be thinking about a backup plan. “

Analysts say the several-hour Facebook, Instagram and WhatsApp outage on Monday cost the company more than $ 100 million in lost ad revenue – and more to its reputation. (Dado Ruvic / Reuters)

Daniel Tsai, professor of law and technology at the University of Toronto, says the influence of social media giants like Facebook has only increased during the pandemic, as much of daily life has grown. is moved online.

“The pandemic has actually exacerbated the reliance on using Facebook and online sites to sell their products and market themselves to customers,” he said in an interview. “They are truly hostages to a situation created by COVID-19.”

While Instagram has been a great place to sell, this over-reliance comes with a danger.

“Businesses that depend solely on Facebook are going to find themselves extremely vulnerable because they have an 80% duopoly on all advertising,” he said.

“I think it’s a big risk to be married to a single platform, like Facebook when there are so many other opportunities online, like using Shopify and entering Amazon Marketplace or doing others. types of business with mainstream platforms. “

WATCH | Here’s why Facebook went down on Monday:

Cyber ​​security expert Candid Wüest explains what happened to take Instagram, Facebook and WhatsApp offline on Monday. 0:39

The blackout didn’t just cost small businesses like Jolie.tte and Mararamiro money. It also cost Facebook a serious coin.

Company shares were already collapsing Monday morning after an explosive was released 60 minutes An interview with a company whistleblower suggested that Facebook knows how complicit it is in spreading misinformation and actively encourages it because it forces people to spend more time on the platform. .

Then, the news of the outage prompted an acceleration in the sale of shares, with the company’s shares falling more than five percent at the close of trading on Monday.

Morningstar analyst Ali Mogharabi, who covers the company, said in a note to customers on Tuesday that the outage likely cost Facebook between $ 110 million and $ 120 million in lost ad revenue as ads did not load for the failure.

“People and businesses around the world rely on us every day to stay connected,” Facebook said.

“We understand the impact of such outages on people’s lives and our responsibility to keep people informed of disruptions to our services. We apologize to everyone involved and strive to better understand what happened today so that we can continue to make our infrastructure more resilient. “


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Construction begins on the Lear Seating Plant at the former Cadillac site in Detroit https://indiabusiness.info/construction-begins-on-the-lear-seating-plant-at-the-former-cadillac-site-in-detroit/ https://indiabusiness.info/construction-begins-on-the-lear-seating-plant-at-the-former-cadillac-site-in-detroit/#respond Tue, 05 Oct 2021 00:48:58 +0000 https://indiabusiness.info/construction-begins-on-the-lear-seating-plant-at-the-former-cadillac-site-in-detroit/ Detroit – Authorities on Monday celebrated the start of construction of a $ 48 million complex on the site of the former Cadillac Stamping plant in the east of the city. Named the M3 Commerce Center, the site along Gratiot Avenue and Conner will house Lear Corp. because it makes seats for GM’s Factory Zero […]]]>

Detroit – Authorities on Monday celebrated the start of construction of a $ 48 million complex on the site of the former Cadillac Stamping plant in the east of the city.

Named the M3 Commerce Center, the site along Gratiot Avenue and Conner will house Lear Corp. because it makes seats for GM’s Factory Zero assembly plant in Detroit / Hamtramck when it opens in mid-2022. The center is named Gratiot, also known as M-3.

“We love the Detroit industrial market, we really love the direction the city is taking and we’ll be pouring concrete soon… we’ll have a roof over the building and the walls around it,” Tim Conder, vice president of acquisitions for NorthPoint Development, based in Missouri, said Monday at the grand opening. “This is a really exciting time in Detroit and on behalf of NorthPoint Development we are proud to be a part of it. “

Conder was joined by several officials as they ceremoniously turned the earth at the site to mark the occasion. Construction machinery rumbled across the site as crews worked on the 43-acre property.

Lear will occupy nearly two-thirds of the 684,000 square foot building and is expected to create 450 jobs in the city. He signed a deal with Detroit at Work to give Detroiters the first chance to access available jobs, said Nicole Sherard-Freeman, the city’s group manager for Jobs, Economy and Detroit at Work.

Frank Orsini, executive vice president and chairman of seating for Lear, said the company is committed to Detroit and looks forward to supporting GM’s vision of bringing more electrified vehicles to market.



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Welcome news for the “safe zones” initiative https://indiabusiness.info/welcome-news-for-the-safe-zones-initiative/ https://indiabusiness.info/welcome-news-for-the-safe-zones-initiative/#respond Mon, 04 Oct 2021 04:22:32 +0000 https://indiabusiness.info/welcome-news-for-the-safe-zones-initiative/ Remark News day 10 minutes ago LOUIS WILLIAMS I have noted with interest that the government’s decision to implement a “safe zones” initiative has received broad support and praise from the business community, especially chambers of commerce. However, some employers, including Peter George of Trent Restaurants Ltd, have expressed concerns about certain aspects of the […]]]>

Remark


LOUIS WILLIAMS

I have noted with interest that the government’s decision to implement a “safe zones” initiative has received broad support and praise from the business community, especially chambers of commerce.

However, some employers, including Peter George of Trent Restaurants Ltd, have expressed concerns about certain aspects of the initiative.

However, George can rest assured that this vaccination mandate will remove the issue of mandatory vaccination of employees and even customers from the employer’s hands, as no unvaccinated person will be allowed to participate in these high-risk activities.

I am sure that this will be supported, presumably, by subsidiary law. There is no other way to implement such a vaccination mandate.

There is no quagmire. This initiative is in line with global “best practices”. Citizens must understand that the whole world is at war with a common enemy. This enemy is very deadly, adaptive, and invisible to the naked eye.

We also face an enemy within, as the actions of anti-vaccines have not been helpful, despite overwhelming scientific evidence and the reality of the lethal impact of the disease, especially the morbidity and mortality of the unvaccinated. , among others.

It is as if we are living in a lost episode of the Twilight Zone TV series from the 1960s. All other employers and employees / unions have to accept that we live in another time and space. In this context, therefore, there can be no status quo.

Once there is a government vaccination mandate (i.e. a change in the law), the labor court will need to adapt its judgments / decisions to accommodate this new reality. The president of the Labor Court recently expressed a similar opinion.

Employers in this new exemption will be protected from liability because, by law, they will not be able to affect someone, whether their current workforce or otherwise, who is not vaccinated, to work in the security zones of their operations.

Additionally, if no comparable position is available elsewhere in the organization that by law would allow unvaccinated employees to perform their duties, the employer can legitimately terminate / terminate such employees.

The unvaccinated, except those with legitimate medical and / or religious reasons, should not be allowed to ransom the rest of the world, including TT. The right to life is the most fundamental of all human rights, and no effort should be spared by governments to preserve this right.

Freedom is not anarchy. No one has the right to do whatever they want without considering the likely impact of their actions on others. As a result, it is blatantly obvious what the choice would be if we had to choose between the evil of the unvaccinated and the life and livelihoods of the rest of us.

Some employers have questioned the rationale for more stringent requirements for those operating in security zones, compared to other areas of the economy, such as supermarkets, where unvaccinated staff and customers are allowed to carry out checks. transactions subject to normal covid19 protocols.

The answer is simple. Take, for example, a restaurant. You cannot eat or drink without removing your mask. It is therefore obvious that the risk of contracting and transmitting the disease is much greater in this environment.

I agree with George, and some other employers operating in security zones, that the curfew hours should be relaxed, perhaps to start at midnight, in order to facilitate the best conduct of business operations, given the peak period / times for such Activities.

I also agree that the ban on serving alcoholic beverages should be removed. Many people who dine out naturally have alcoholic beverages with their meals. Additionally, most people who frequent bars do so to consume alcoholic beverages as part of their regular routine.

Also, I think if the ban is lifted there will likely be a big increase in vaccinations given our cultural norms, as most men go to the bar at least once a week to bond / meet. friends around alcoholic drinks. as essential.

Concerns have been expressed by some employers about the inconvenience of their clients having to show immunization cards in safe areas. Do we not already have to make other forms of identification available (eg a national identity card) when transacting certain types of businesses?

We must constantly remind ourselves that we live in a pandemic world and that our lives are at stake. We must take all measures to protect our lives. However, I have observed that the government is considering adopting an electronic / digital solution.

The success or failure of the initiative will depend on the extent to which our fellow citizens are ready to give their unwavering support / full cooperation to this endeavor. Remember that our lives are at stake.


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The operation is covered for another year at CK https://indiabusiness.info/the-operation-is-covered-for-another-year-at-ck/ https://indiabusiness.info/the-operation-is-covered-for-another-year-at-ck/#respond Sun, 03 Oct 2021 10:05:00 +0000 https://indiabusiness.info/the-operation-is-covered-for-another-year-at-ck/ By Cheryl Johnstone October 3, 2021 6:05 AM A coat drive to help everyone in Chatham-Kent stay warm this winter is back. Chatham-Kent Salvation Army is now collecting donations of new and lightly used winter coats which will be given to anyone in need. “This lasts until October 23,” said Allie Matthews, director of family […]]]>


A coat drive to help everyone in Chatham-Kent stay warm this winter is back.

Chatham-Kent Salvation Army is now collecting donations of new and lightly used winter coats which will be given to anyone in need.

“This lasts until October 23,” said Allie Matthews, director of family services. “What it is is we’re just asking for donations of lightly used coats. Kids and plus sizes are always needed the most so this is something we really need.

Coats can be dropped off at several locations including Jiffy Lube on Keil Drive in Chatham.

“So any of our thrift stores,” Matthews said. “We have a thrift store on St. Clair Street in Chatham, we also have one in Wallaceburg on Lowe Ave. and we have one in Ridgetown on Main St. ”

Donations will be accepted during their normal opening hours until Saturday 23 October. Matthews said the demand for warm coats was there.

“We distributed 816 of them last year. That’s a lot, it’s all over our four locations, but there’s a real need. It was a super hot day earlier this week, but unfortunately we are entering fall and winter.

Matthews said they will start handing out coupons for coats on Monday, October 25.

“Anyone who needs a coat can come to any of our locations. The Tilbury Help Center also offers this through us. We have an office in Blenheim, Chatham, Ridgetown and Wallaceburg. So all they have to do is come in, grab a voucher and go to any of our thrift stores and get what they need for their families.

They just ask that donated coats be used with care and always wearable, as they don’t have the resources to fix things like broken zippers or rips.


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Co Tyrone group behind Euro Auctions reports £ 28million pre-tax profit for 2020 https://indiabusiness.info/co-tyrone-group-behind-euro-auctions-reports-28million-pre-tax-profit-for-2020/ https://indiabusiness.info/co-tyrone-group-behind-euro-auctions-reports-28million-pre-tax-profit-for-2020/#respond Sat, 02 Oct 2021 00:11:13 +0000 https://indiabusiness.info/co-tyrone-group-behind-euro-auctions-reports-28million-pre-tax-profit-for-2020/ THE Co Tyrone group behind Euro Auctions reported a pre-tax profit of £ 28.7million for 2020. Led by Dromore man Derek Keys, Gardrum Holdings agreed to sell its hugely successful global machinery auction business to Canadian company Ritchie Bros for £ 775million in August 2021. Established in the town of Co Tyrone in 1998 with […]]]>

THE Co Tyrone group behind Euro Auctions reported a pre-tax profit of £ 28.7million for 2020.

Led by Dromore man Derek Keys, Gardrum Holdings agreed to sell its hugely successful global machinery auction business to Canadian company Ritchie Bros for £ 775million in August 2021.

Established in the town of Co Tyrone in 1998 with its brothers, Euro Auctions has grown into a company operating in Europe, the United States, Dubai and Australia.

In a report filed with Companies House this week, Gardrum Holdings revealed that in what could be the last full year with Mr. Keys at the helm of the auction firm, revenue has increased by 1% , ending the 12 months by December 31, 2020 with £ 145.6. mr.

Lower costs contributed in part to a 14% increase in pre-tax profits to £ 28.7million.

Despite the start of the Covid-19 pandemic in 2020, Euro Auctions managed to hold ten more auctions than in 2019, with 60 auctions held during the year.

The set of accounts filed with Companies House revealed that Mr Keys, as the sole shareholder, received a dividend of £ 2million as a result of the 2020 performance.

Along with the auction operation, Gardrum Holdings includes a number of real estate companies.

The value of the group’s investment properties was revalued upwards by almost £ 1m at the end of 2020 and is now estimated at £ 30.2m.


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Tunde Kelani overthrows NRC for malfunctioning Yaba station https://indiabusiness.info/tunde-kelani-overthrows-nrc-for-malfunctioning-yaba-station/ https://indiabusiness.info/tunde-kelani-overthrows-nrc-for-malfunctioning-yaba-station/#respond Fri, 01 Oct 2021 13:45:01 +0000 https://indiabusiness.info/tunde-kelani-overthrows-nrc-for-malfunctioning-yaba-station/ Veteran Nigerian filmmaker Tunde Kelani criticized the Nigerian Railway Corporation for its poor service today, especially as the nation celebrates its 61st anniversary of independence. Kelani via her Instagram page lamented the negligence of NRC workers at Yaba station. He claimed that despite the fact that today is a public holiday and Yaba station should […]]]>

Veteran Nigerian filmmaker Tunde Kelani criticized the Nigerian Railway Corporation for its poor service today, especially as the nation celebrates its 61st anniversary of independence.

Kelani via her Instagram page lamented the negligence of NRC workers at Yaba station. He claimed that despite the fact that today is a public holiday and Yaba station should have expected a high number of customers, NRC officials did not return to work until around 6:45 a.m.

In a long article on his page, the legendary filmmaker wrote: “The Nigerian Railway Corporation is wrong. The NRC operating the new SGR could have been more efficient this morning at the Yaba terminal with advance planning. On a national holiday, October 1, the high passenger traffic could have been anticipated and an appropriate operational plan put in place.

“At 6 am, as long lines formed, no NRC member arrived! The doors of the ticket office remained closed. Other passengers were arriving at 6:45 a.m. when the door finally opened, with NRC staff struggling to deal with the chaos that followed. “Abeokuta over here,” “Ibadan that way only resulted in a scramble to get to the front of the line. Inside the ticket office there was more confusion – ‘Abeokuta standard this line, Abeokuta business class this line – Ibadan business class is another line and Ibadan standard class is the other line. Discovery too late, reports, no first class service on this train.

“Another queue has grown to get to the cabin. No payment at the till, you must provide cash, counted one by one, by the ticket seller. A dozen ballpoint pens or ballpoint pens scribbling on tiny tickets with ID etc.

“Frankly, I think the CCECC of China has delivered or will be delivered when the project is completed and handed over. But is NRC ready? The new system cannot be allowed to function as an extension of the old NRC. Should China take over the business management or should it be outsourced to Nigerian companies capable of providing efficient and pleasant service? This morning, the EBJ / Yaba terminal at Mobolaji Johnson station was no better than the Oshodi or any of our township car fleets. SHAME!”


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