“That’s at least 100 million times Google offered to direct users to illegal sources for music just within the last two years. That’s also 100 million times that an artist, songwriter, music label – or anyone else involved in the chain of creating and distributing music – was likely denied the opportunity to earn any royalties, revenues or sales. And 100 million times that innovative tech companies – like Spotify, iTunes, Amazon, Deezer, Vevo, and dozens more – didn’t benefit from a sale or a stream.” … [Read more...] about Why is the music industry so cross with Google?
The UAW local at the plant filed a grievance against the company seeking a full shutdown and testing of every worker, said Gary Walkowicz, a local bargaining committeeman. The local also wants a 24-hour waiting period after equipment is disinfected to restart the plant. … [Read more...] about Infected workers, parts shortages slow auto factory restarts
coronavirus pandemic caused a substantial loss of production across sectors. The production of coal, natural gas, refinery products, steel, cement and electricity contracted in double digits in the month, according to official data released on Friday. The eight core sectors had expanded by 5.2 per cent in April 2019 while in March 2020 the sectors had contracted by 9 per cent. "In view of nationwide lockdown during April 2020 due to COVID-19 pandemic, various industries - coal, cement, steel, natural gas, refinery, crude oil etc experienced substantial loss of production," the Commerce and Industry Ministry said in a statement. Production of coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity contracted by 15.5 per cent, 6.4 per cent, 19.9 per cent, 24.2 per cent, 4.5 per cent, 83.9 per cent, 86 per cent, 22.8 per cent, respectively. During 2019-20, core industries recorded 0.6 per cent growth against 4.4 per cent in 2018-19. The record … [Read more...] about Eight core sector output drops by record 38.1% in April
Pictorial book for kids offers key info on COVID-19 This week in Auto: Industry in urgent need of a bailout; companies bring down capex dramatically COVID-19 impact: As AGMs go virtual, shareholders worry about management controls … [Read more...] about Maruti Suzuki India extends warranty, service timelines till June end
He also acknowledged the medium, small and micro industries sector (MSME) has increasingly seen cases of non-payment of wages for which the Atmanirbhar Bharat package announced by Finance Minister Nirmala Sitharaman has already made provisions. “Other measures may also be considered as and when required in the changing scenario,” he added. … [Read more...] about Centre not to approve state amendments to labour laws in ‘current form’: Labour minister
INDORE: In fourth phase of lockdown, over 70 per cent industries of Indore region have partially resumed operations amid ease in curbs and fresh relaxed guidelines, propelling industrial activity in the state.Industrial activity has pushed demand for electricity and water in the last one week of May after plummeting to record lows in lockdown. Several manufacturing and export-oriented firms across sectors ranging from automobile, packaging, auto components, pharmaceuticals and food processing among others have resumed operations mostly at 40 to 50 per cent capacity utilization.Madhya Pradesh Industry Development Corporation (MPIDC) Indore’s executive director Kumar Purushottam said, “There are some hiccups in supply chain but industries and administration are jointly making efforts to overcome those and restart business.”Water demand in industries has surged to 28 MLD in the last three days from earlier 8 MLD, as per MPIDC. In Pithampur, state’s largest … [Read more...] about 70% Indore region firms resume operations