Many startups are scrambling to cut costs - slicing payrolls and the wages of those still on the job. 

The post Southeast Asian startups tighten purse-strings as coronavirus hits revenue appeared first on DealStreetAsia.

The VC, however, has shelved its plans to launch its next fund that was slated to invest in B2B, among others.

The post Indonesian VC Everhaus backs goKampus, ReCharge; plans evergreen fund appeared first on DealStreetAsia.

The firm's portfolio companies in SEA include Grab, Berry Kitchen, and goKampus, among others.

The post Silicon Valley-based Sovereign’s Capital closes $60m fund for SEA push appeared first on DealStreetAsia.

The first close represents one-third of the fund’s $800-million target.

The post PE firm Northstar makes first close of Indonesia-focused fifth fund appeared first on DealStreetAsia.

Akulaku and Mintos are said to have reached an agreement on a restructured repayments schedule.

The post [Updated] Global P2P platform Mintos suspends Indonesia’s Akulaku over late payments appeared first on DealStreetAsia.

The plan does not so far include insurers Jiwasraya and Asabri that have been rocked by management scandals.

The post Indonesia seeks to shore up public trust with insurer consolidation appeared first on DealStreetAsia.

Small companies account for more than half of Indonesia's gross domestic product and provide many jobs in the country of more than 260 million people.

The post Indonesia to subsidise interest payments for virus-hit smaller firms appeared first on DealStreetAsia.

Investors have shifted their focus and energy to stabilising their existing investment portfolio.

The post Education deals in SEA put on the back burner amid virus crisis appeared first on DealStreetAsia.

A hacker has offered the details of its 91 million users for "$5,000 on the Darknet".

The post Tokopedia says investigating alleged data leak of 91m users appeared first on DealStreetAsia.

The decision to completely shut down its operations comes after significant downsizing by the company.

The post Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure appeared first on DealStreetAsia.

While China had officially designated all areas of the country as low-risk last Thursday, the new cases according to data published on Sunday represent a jump from the single case reported for the day before. The number was lifted by a cluster of 11 in Shulan city in northeastern Jilin province.

For a while, the international mission looked like it might have to be called off, as country after country went into lockdown because of the virus, scuppering plans to bring fresh supplies and crew to the German research vessel Polarstern that's been moored in the high Arctic since last year.

"In India for almost 50 years Azaan on the loud speak was Haraam. Then it became Halaal and so halaal that there is no end to it, but there should be an end to it. Azaan is fine but loud speaker does cause of discomfort for others. I hope that atleast this time they will do it themselves (sic)," Akhtar tweeted.

HRT has confirmed that the mechanic involved in a serious looking pit lane incident during the Italian Grand Prix is not badly injured

Ferrari insists it is right back at the centre of the championship fight after Fernando Alonso's victory at the Italian Grand Prix

Lotus technical chief Mike Gascoyne said his team's performance in Canada was a 'massive step forward'

Jenson Button has admitted he took it too easy at the start of the Bahrain Grand Prix and could have got more out of his tyres in the early stages

Lotus' Tony Fernandes could not contain his delight after witnessing his team's Formula One re-birth 16 years after Lotus last competed in the sport

Sebastian Vettel admitted he was pushing too hard when he spun out of the second practice session for the Malaysian Grand Prix

Nico Rosberg admitted he only had himself to blame after failing front row of the grid for the first time in 13 races in a wet qualifying session in Malaysia

Lewis Hamilton has labelled Mark Webber's botched attempt to pass him at the Australian Grand Prix in the closing stages as "silly"

An earlier race start time for next year's Australian Grand Prix is likely, Michael Schumacher has revealed

The boss of the Australian Grand Prix Ron Walker has labelled Formula One drivers "lazy prima donnas" after they complained about low light levels at this year's race

This year's Australian Grand Prix cost taxpayers almost $10 million more than the previous Melbourne race

Kevin Magnussen says he would not feel fully prepared to race for McLaren in Australia if Fernando Alonso is declared unfit for the season opener

Fernando Alonso will not compete at the Australian Grand Prix on the recommendation of doctors as he continues to recover from his testing crash in Barcelona

Fernando Alonso says he fully understands why doctors have recommended he sit out the season-opening Australian Grand Prix on March 15.

Jenson Button has confirmed that his engine failure and retirement from the Monaco Grand Prix was caused by a cooling cover being left on his left-hand sidepod during the formation lap

A loose manhole cover was responsible for causing Rubens Barrichello's spectacular accident in the Monaco Grand Prix

Heikki Kovalainen says the Malaysian Grand Prix was a positive race for the team as both cars made it to the finish line, albeit in 17th and 18th positions

The FIA has clarified the rules on adjusting ride heights between qualifying and the race, after paddock rumours suggested Red Bull was running a self-altering system

The Emirates Airline and Group chairman does not see air travel returning to normal for at least another 18 months.

Fauci is the third high-ranking member of the White House coronavirus task force to enter some form of quarantine.

India's health minister said the country is carrying out 95,000 tests per day.

Tesla had wanted to start production again in Fremont, California, on Friday afternoon, but officials said the company did not have authorization to break shelter-in-place rules. The plant is where the company makes vehicles for Europe and North America.

Thousands of people, including elderly veterans of the second world war, turned out for Belarus’s Victory Day parade despite the coronavirus epidemic. Images from the parade showed large crowds as the country’s leader, Alexander Lukashenko, boasted of holding the only parade in the former Soviet Union to mark the defeat of Nazi Germany

• VE Day celebrations
• UK coronavirus latest 

Some bars and restaurants are open – with distancing – and schools are starting back, but the country isn’t taking freedom for granted

• Coronavirus – latest updates
• See all our coronavirus coverage

On a recent evening in Seoul, colleagues and students sat around plastic tables outside restaurants, their chatter interrupted only by the filling of tiny glasses with soju spirit.

They had something to celebrate. Last week, South Korea, once the hardest-hit country outside China, took a cautious first step into a post-coronavirus world, less than four months since it reported its first case.

Tesla sues state authorities over lockdown after Fremont factory stopped from reopening

• Coronavirus – latest updates
• See all our coronavirus coverage

Tesla is suing local authorities in California as the electric carmaker pushes to reopen its factory there and chief executive Elon Musk threatens to move the company’s headquarters to Texas or Nevada.

Musk has been pushing to reopen Tesla’s Fremont, California, factory after Alameda County’s health department said the carmaker must not reopen because local lockdown measures to curb the spread of the coronavirus remain in effect.

Air travel bosses want assurances that science is driving the move, and that a clear exit strategy is in place

• Coronavirus – latest updates
• See all our coronavirus coverage

A two-week quarantine period for all travellers arriving in Britain risks devastating an aviation industry already crippled by the Covid-19 outbreak, Boris Johnson is being warned.

It is understood that the 14-day quarantine period will be announced by the prime minister, alongside a slight loosening of the lockdown measures that were introduced to slow the spread of the virus. Mass quarantine upon arrival has not previously been used as part of Britain’s response.

Kак настроить, как снимать. Пейзаж, город, стрит.

Написал alexlightphoto на sprosi.d3.ru / комментировать

Sir,
My Mother has One Residential Premises at chawl in Mumbai which was Purchased in the year 1970. In the Month of December 2019 Tenancy rights of residential House has been sold and Rs.30 Lacs has been received From Person who Purchased Tenancy rights of such House and 10% of Consideration has been paid to Landlord and Surrender Tenancy Rights . My Mother is 79 Years Old and Such Consideration received has Kept in Bank now Before Completion of Six Month from the date of sale of Tenancy rights is Long Term Capital Gain is Applicable and Is Any Tax Saving investment to Save the tax is Applicable for Sale of Tenancy Rights
Can You advice Better so that in Future there should not be any hasslement
please guide me and advice accordingly
thanks
Santosh Bhandarkar
9820056302
Email :- sanvas31@gmail.com

Dear Sir


i want to know about the various provisions applicable under various statutes when the running sole proprietorship business is taken over by a EXISTING PRIVATE COMPANY WHERE THE DIRECTOR OF THE COMPANY IS THE PROPRIETOR OF THE BUSINESS WHICH IS BEING TAKENOVER. I ALSO WANT TO KNOW ABOUT THE MANNER OF DISCHARGING THE PURCHASE CONSIDERATION WHETHER THROUGH SHARES OR THROUGH CASH. AND IS THERE ANY CONDITION OR LEGAL REQUIREMENT ON SHARES ISSUED BY THE COMPANY. AND WHAT KIND OF RESOLUTION REQUIRED FOR THIS PURPOSE AND WHETHER IT IS REQUIRED TO INTIMATE ROC? PLZ REPLY SOON ITS URGENT.THANKS IN ADVANCE.

It's all about the context here in this particular AITA. Dad had saved money for his son's college fund, which ultimately didn't end up getting used, because his son decided to drop out. Fast forward, and the son is asking his dad if he could tap into the college fund for what sounds like newlywed expenses/alleviating debt. Dad was not about it, because the whole point of the money was for it to be used for college. 

The Ontario woman is looking for an apology from the police in Georgia, who arrested, handcuffed, and charged her because she was driving with a Canadian license. No idea what those cops were thinking. Sheesh. 

Over the past five years, Brighton-based photographer Richard Chivers has been shooting gas holders from London to Sunderland.for his project OFF-Grid, after learning that National Grid planned to demolish the structures. “They hold a certain nostalgia to our industrial heritage,” he says.

After facing the existential threat of testing positive for Covid-19, these Australians describe the reactions of their communities

• Sign up for Guardian Australia’s daily coronavirus email
• Download the free Guardian app to get the most important news notifications
• Coronavirus Australia maps and cases: live numbers and statistics

When they emerged from isolation, one felt like an escapee, another saw friends turn on their heels and some questioned if they had really recovered. Though their symptoms varied, all the accounts from these people who have recovered from coronavirus echo the same sentiment: recovery came at a price. Weeks after getting better, strangers and loved ones still scrabble to create distance, afraid of contagion.

At the time of writing, 5,984 Australians had recovered from the 6,875 confirmed cases. While the emerging consensus is that recovery induces, at least, short-term immunity, the World Health Organization urges caution, and researchers and health authorities are racing to determine how long this defence lasts.

Prosecutor rejects Australia’s argument International Criminal Court has no jurisdiction because Palestine is ‘not a state’

The Australian government has told the International Criminal Court it should not investigate alleged war crimes in Palestine because Palestine is “not a state”, arguing the court prosecutor’s investigation into alleged attacks on civilians, torture, attacks on hospitals, and the use of human shields, should be halted on jurisdictional grounds.

Australia was lobbied to make the submission to the court by Israel, which is not a party to the court. But the office of the prosecutor has rejected Australia’s argument, saying it had not formally challenged Palestine’s right to be a party to the court before.

At the go-getting estate agency’s AGM this week, all minds will be focused on getting out of a tricky situation

When a Foxtons employee looks in the mirror, the estate agent can discern a reflection that others cannot.

To them, the figure smiling back is a dashingly attired young tycoon – confident that their sharp wits are about to land them another tasty commission. But many of those attempting to buy a home in London might interpret that same image as – how shall we put this? – slightly less heroic.

Metropolitan Police Federation says No 10 is sending mixed messages and authorities needed to be ‘firmer right from the beginning’

• Coronavirus – latest updates
• See all our coronavirus coverage

A body representing police officers in London has criticised the government’s pandemic response as “wishy-washy” amid concerns that the public has begun ignoring lockdown restrictions.

The Metropolitan Police Federation (MPF) said that, despite its assertions to the contrary, the government is sending out mixed messages.