Mobile marketing platform AppLovin has made a undisclosed strategic investment in San Diego mobile studio Redemption Games.  ...

It seems important to me that devs spend a lot of time on nurturing their game community before launch. But many can't or don't. Here's advice on how you can do a better job! ...

Verint Community Cloud helps Ounce of Prevention Fund accelerate launch of online community amid the COVID-19 pandemic

GST collections fall below Rs 1 lakh cr-mark, March revenues stand at Rs 97,597 cr

Brent falls 10%, WTI below $30 as coronavirus spreads

Under the PMKVY-2.0, launched in October 2016, ministry had targeted to impart skill training to one crore youth for over four years (2016-20). Out of this, 60,00,000 was the target under short-term training while 40,00,000 was the target under the recognition of prior learning (RPL) component for 2016-20.

MUMBAI: Liquidity risk is increasing for Indian-based real-estate developers, as non-bank financial institutions (NBFI; including housing finance companies) are shying away from lending to the sector, said Fitch Ratings.Developers that rely on refinancing from NBFIs, particularly those with weak financial profiles, will be affected the most should conditions persist. The availability of unencumbered assets among large developers may be of limited use, as NBFIs are looking to shed their already-high exposure to the sector, especially to large borrowers.NBFIs have disproportionately increased their share of real-estate sector credit in the previous few years, owing to heightened risk aversion by banks; banks have been cutting exposure due to their own funding challenges that began in late 2018, which have become more acute in the previous few months; domestic bank exposures fell to 2.3% of loans in the financial year ending March 2019 from 2.8% in 2015-16.NBFIs are now also shying away from refinancing maturing debt of even large, proven developers to limit concentration risk to the sector. This is pushing developers towards alternative funding channels, such as private equity. The availability of such funding could be more limited than the value of maturing debt and may only be available to established developers with sufficient unpledged assets. It would also come at a higher cost. We believe banks may still consider exposure to quality real estate, but overall exposure continues to decline.Developers that are focused on high-end projects may face higher risk, as sales of such projects have slowed in the last two years. We believe these developers would be wary of taking sharp price corrections on unsold inventory to boost sales, except in extreme circumstances, as this could diminish the value of unsold inventory and weaken collateral cover for existing lenders.In addition, any boost in sales would be temporary. Meanwhile, developers with substantial exposure to affordable housing may still benefit from marginal access to lenders in light of healthy pre-sales growth, supported by India's substantial housing deficit and government incentives for buyers via the credit-linked subsidy scheme as well as for developers, including tax deductions and grant of infrastructure status, which entitles companies to some benefits and concessions.The government has announced measures to improve NBFI-sector liquidity, but their efficacy remains to be seen. For example, we believe the government's July 2019 announcement to provide a first-loss guarantee of 10% on securitised assets issued by NBFIs to banks could ease funding pressure for NBFIs in the short term. However, the provision refers only to financially sound issuers and there is a lack of clarity about the duration of the guarantee and the definition of what comprises a 'financially sound' entity. In addition, most of the actions by the authorities to alleviate the liquidity squeeze will benefit the largest and least risky NBFIs and is unlikely to address the pressure on the more property focused players.Defaults by two NBFIs - Infrastructure Leasing & Financial Services Ltd (IL&FS) in September 2018 and Dewan Housing Finance Corporation Ltd (DHFL) in June 2019 - have contributed to the sector-wide liquidity squeeze, as investors have become more risk averse. Banks' low appetite for lending to real-estate developers is evidenced by the usually high risk weights attached to such loans. These are due to developers' typically low credit ratings amid high leverage, making exposure to the sector an inefficient use of banks' already-limited capital.Substantial bank recapitalisation to increase lending capacity could benefit NBFIs as well as real-estate developers, subject to the banks' risk appetite. Although a structural improvement in NBFI asset books would take time. Nonetheless, even under better conditions we expect NBFI's to tighten credit standards, with developers facing funding pressure until there is a broader improvement in their operations, with better end-user demand and pricing support.

"Among the top 30 H-1B employers are major US firms including Amazon, Microsoft, Walmart, Google, Apple and Facebook. All of them take advantage of program rules in order to legally pay many of their H-1B workers below the local median wage for the jobs they fill," said the report released by the Economic Policy Institute.

Sensex falls 470 points, Nifty below 9,000; L&T climbs 6%, Airtel 4%

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Coronavirus vaccine: ICMR partners with BBIL to develop indigenous COVID-19 vaccine

COVID-19: Mangaluru doctors claim to develop ‘bubble helmet’ for better safety of health workers

The Directorate of Human Space Programme of the city- headquartered ISRO has sought proposals for 18 tentative technology development areas. Four Indian Air Force fighter pilots are currently under training in Moscow and are likely to be potential candidates for the first manned mission to space.​​

Kamal Jain, a professor at the institute's civil engineering department, claims that the software will not only reduce testing costs but will also reduce the risk of exposure to healthcare professionals. ​So far, there is no verification of his claim by a medical institution.

The device, called VITAL (Ventilator Intervention Technology Accessible Locally), passed a critical test this week at the Icahn School of Medicine in New York, an epicentre of COVID-19 in the US, NASA said.

Two students of the Jadavpur University have developed an intelligent device which will analyse if a coughing person is a COVID-19 carrier.

The Department of Justice announced today that it has repatriated to Malaysia approximately $300 million (RM 1.292 billion) in additional funds misappropriated from 1Malaysia Development Berhad (1MDB), Malaysia’s investment development fund, and laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg.

The Justice Department announced today that it has reached a settlement with the Richmond County (GA) Sheriff’s Office (RCSO) that resolves allegations that the RCSO violated the employment rights of Private First Class (PFC) Auben Kendall under the Uniformed Services Employment and Reemployment Rights Act (USERRA).

The Securities and Exchange Commission today voted to adopt rule amendments to implement certain provisions of the Small Business Credit Availability Act and the Economic Growth, Regulatory Relief, and Consumer Protection Act relating to business…

The Securities and Exchange Commission today announced that it is providing temporary, conditional exemptive relief for business development companies (BDCs) to enable them to make additional investments in small and medium-sized businesses, including…

"At trial, the Antitrust Division argued that Sabre’s acquisition of Farelogix would extinguish a crucial constraint on Sabre’s market power and would result in higher prices and less innovation. While we are disappointed with the court’s decision, we appreciate the court’s thoughtful consideration of this important case. We will closely review the court’s opinion and consider next steps in light of our commitment to preserving competition for the benefit of the American consumer."

Sabre Corporation and Farelogix, Inc. announced today the termination of their merger agreement.

Making just her second career start, juvenile filly Donna Veloce turned in an impressive runner-up finish by a neck in the Grade 1 Breeders' Cup Juvenile Fillies earlier this month at Santa Anita. According to drf.com, the Kaleem Shah-owned daughter of Uncle Mo may make another start this year in the G1 Starlet at Los Alamitos […]

The post Breeders’ Cup Runner Up Donna Veloce May Target Grade 1 Starlet Stakes appeared first on Horse Racing News | Paulick Report.

Prospectus BioScience of Baltimore announced they'll get $8.6 million from the Department of Health and Human Services.

Rodriguez Campos, Consuelo Sep 23, 1924 - May 02, 2020 Consuelo Rodriguez Campos, 95, of Sarasota, FL., died on May 02, 2020. Funeral arrangements .....

https://www.nps.gov/grca/learn/news/grand-canyon-national-park-employee-receives-award-for-excellence-in-workforce-development.htm

https://www.nps.gov/grca/learn/news/grand-canyon-hiker-discovered-deceased-below-north-rim-near-toroweap-valley.htm

The body of a man found deceased in an area below the North Rim of Grand Canyon National Park near the Toroweap Valley, has been identified as that of 39 year-old Thomas Peake of Atlanta, Georgia.   https://www.nps.gov/grca/learn/news/body-of-man-found-below-the-north-rim-of-grand-canyon-identified.htm

Body of man recovered from below South Rim of Grand Canyon National Park https://www.nps.gov/grca/learn/news/body-of-man-recovered-from-below-south-rim-of-grand-canyon-national-park.htm

The body of a man that was recovered from below the South Rim of Grand Canyon on Saturday afternoon has been identified as that of 62 year-old, B. Holt Vaughn from Broomfield, Colorado.  https://www.nps.gov/grca/learn/news/body-of-man-recovered-from-below-the-south-rim-of-grand-canyon-identified.htm

The body of a lone male has been discovered below the rim at the Abyss on Hermit Road in Grand Canyon National Park.  https://www.nps.gov/grca/learn/news/2010-1-6_body.htm

Body of young woman found below the North Rim of Grand Canyon identified https://www.nps.gov/grca/learn/news/09jul10-2_news.htm

At approximately 9:15 p.m. on Sunday, July 11, the Grand Canyon Regional Communications Center received a report of a man seen exiting a car at Moran Point, climbing over a retaining wall and lying down on the edge of the canyon rim. https://www.nps.gov/grca/learn/news/12jul10-2_news.htm

A body retrieved from below Moran Point at Grand Canyon National Park on Monday, July 12 has been positively identified as that of 50 year old Kirby Porter of Mechanicsville, Virginia. https://www.nps.gov/grca/learn/news/15jul10_news.htm

https://www.nps.gov/grca/learn/news/2011-02-10_fall.htm

https://www.nps.gov/grca/learn/news/2011-04-22_over-edge.htm

Vegetation Program to Apply Herbicide within Developed Areas of Grand Canyon National Park https://www.nps.gov/grca/learn/news/vegetation-program-to-apply-herbicide-within-developed-areas-of-grand-canyon-national-park.htm

At approximately 10:45 a.m. today, rangers retrieved the body of a young male from below the South Rim of Grand Canyon National Park. https://www.nps.gov/grca/learn/news/2011-05-06_retrieval.htm

The body of a young man recovered from below the rim on Friday, May 6, in Grand Canyon National Park, has been identified as that of 24-year old Robert Watson of White Plains, New York. https://www.nps.gov/grca/learn/news/2011-05-20_ident.htm

https://www.nps.gov/grca/learn/news/2011-07-25_fall.htm

At approximately 2:00 this afternoon, the Grand Canyon Regional Communications Center received a call from a park visitor reporting a man over the edge below Lookout Studio on the South Rim of Grand Canyon National Park. https://www.nps.gov/grca/learn/news/park-rangers-recovering-body-from-below-the-rim-at-grand-canyon-national-park.htm

https://www.nps.gov/grca/learn/news/2011-11-1_body.htm

A body found below Navajo Bridge on November 17,2011 has been identified. https://www.nps.gov/grca/learn/news/2011-12-12_ident.htm

Starting in May and continuing through September, the National Park Service will be applying herbicide to targeted, high priority, invasive plant species as part of an ongoing invasive plant management program in Grand Canyon National Park. https://www.nps.gov/grca/learn/news/2012-04-24_herbicide.htm

https://www.nps.gov/grca/learn/news/2012-04-27_boey.htm