Lakshmi Vilas Bank shareholders reject proposal to appoint 7 directors, auditors

a sign above a store: Lakshmi Vilas Bank shareholders reject proposal to appoint 7 directors, auditors

© Kshitij Anand
Lakshmi Vilas Bank shareholders reject proposal to appoint 7 directors, auditors

(Note: This is an updated version of a story, published on Moneycontrol on September 26, incorporating the update by the bank to stock exchanges confirming our news break)

Shareholders of Lakshmi Vilas Bank (LVB) have rejected the proposal to appoint seven directors on the board of private sector lender including the Managing Director and CEO S Sundar, the lender said in an exchange communication on September 26.

The shareholders also voted against the re-appointment of statutory auditors (P Chandrasekar LLP, Chartered Accountants) and branch auditors. Branch auditor is appointed in consultation with the statutory auditor.

These resolutions were taken up at the annual general meeting (AGM) on September 25, which was held through videoconferencing. Other directors whose appointments were not cleared by shareholders are N Saiprasad, Gorinka Jaganmohan Rao, Raghuraj Gujja, KR Pradeep, BK Manjunath and

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‘How does a kid like this get cut?’ Saints’ Taysom Hill faces Packers team that let him go | Saints

The 2017 Green Bay Packers had begun trimming their roster to 53 players and Max McCaffrey didn’t make the cut, so he started exchanging goodbyes.

The wide receiver was in good spirits, though, after signing to the New Orleans Saints’ practice squad. As he continued to finish up his business in the locker room, one more person walked in. And McCaffrey had to thank him, because without this rookie quarterback, McCaffrey himself might not have found a landing spot.

“We start talking like, ‘Taysom, it’s been awesome, man. I’m heading out to New Orleans,’” McCaffrey said. “He’s like, ‘Oh wait. Me too.’”

McCaffrey and Taysom Hill hopped on the same flight to New Orleans, “which was hilarious,” McCaffrey says. “Just being in that locker room, we’re training all preseason, and both of us are thinking we’re off to some other place.”

McCaffrey ultimately ended up somewhere else, signing with Jacksonville

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New Mexico small-business loan fund: Few apply, many rejected | Coronavirus

In early August, the state launched an initiative intended to be a major lifeline for small businesses struggling to stay afloat during the pandemic.

Yet nearly two months in, demand for New Mexico’s Small Business Recovery Loan Fund has been underwhelming — even amid an economic downturn.

And among the businesses that have tried to participate, nearly half have been turned down.

“The intent is good,” said Lawrence Becerra, a Santa Fe restaurant owner who had an application rejected. “The execution has not been particularly favorable.”

Intended to offer low-interest loans to help companies and nonprofits withstand the COVID-19 public health restrictions that shut down or restricted business, the Small Business Recovery Loan Fund was one of the highest-profile developments of June’s special legislative session. 

Gov. Michelle Lujan Grisham called the program “a significant step” toward helping businesses recover when she signed legislation creating the program over the summer, and

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Business Intel: Dance studio to open in Salem | Business Local

A new dance studio is coming to Salem.

Arianna Thompson plans to hold the first classes at En L’air Academy of Dance and Acrobatics on Oct. 5. Thompson said she’s been a dance educator for 11 years and has a bachelor’s degree in fine arts in dance.

Her studio will offer ballet, jazz, acrobatics, hip-hop, modern and contemporary styles of dance to students ages 3 to 18.

Thompson said she’s been dreaming of opening her own studio her whole life, even when she was a little girl. She enjoys teaching kids, who can gain confidence from dance.

Thompson, who is a speech language pathologist for Roanoke City Public Schools during the day, is new to the area, though she attended Radford University.

“There’s a lot of artistic

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Cubs clinch National League Central title

The Cubs accomplished their first goal by locking up a postseason berth on Tuesday and completed their second goal on Saturday by clinching the National League Central title with the Brewers’ 3-0 win over the Cardinals on Saturday.

It’s the Cubs’ first division title since 2017.

The division title comes as a bounce back for the Cubs after two disappointing finishes, missing the playoffs last season and being bounced in the 2018 NL Wild Card game by the Rockies.

“[2018], we let it slip by and [2019] going home early, it didn’t feel didn’t feel too good and we want to be able to go out there, take care of business,” outfielder Kyle Schwarber said before the Cubs’ 9-5 loss to the White Sox.

They now return to the postseason this season with the hopes of making a deep run in what could be the last run together for their

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The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy

For the Dollar:

It’s a particularly busy week ahead on the economic data front.

Early in the week, September consumer confidence figures will be the key driver on Tuesday.

The market focus will then shift to September ADP nonfarm employment change figures due out on Wednesday.

While finalized 2nd quarter GDP numbers are also due out, these are unlikely to have a material impact on the day.

On Thursday, August inflation and personal spending figures are due out along with the ISM Manufacturing PMI for September.

With the weekly jobless claims also due out, there’s plenty to consider ahead of Friday’s labor market numbers.

At the end of the week, September’s nonfarm payroll and the unemployment rate will also have a material impact.

Trade data, finalized Markit survey PMIs, factory orders, and Michigan consumer sentiment figures should have a limited impact in the week.

Throughout the week a plethora

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CCSA panel to approve visa scheme to allow foreign tourists into country

a group of people sitting at a station: Health screening procedures and thermal scans are mandatory for tourists upon arrival at Samui airport following the outbreak. (Photo by Dusida Worrachaddejchai)

© The Bangkok Post
Health screening procedures and thermal scans are mandatory for tourists upon arrival at Samui airport following the outbreak. (Photo by Dusida Worrachaddejchai)

A Centre for Covid-19 Situation Administration (CCSA) meeting chaired by Prime Minister Prayut Chan-o-cha on Monday will approve a Special Tourist Visa (STV) to draw foreign tourists, deputy government spokeswoman Traisuree Taisaranakul says.

The Ministry of Tourism and Sports, the Ministry of Public Health and various other units were fully prepared for the STV, Ms Traisuree said.

Prior to travelling to Thailand, foreign visitors are required to have a Covid-19 test taken 72 hours before departure, buy Covid-19 health insurance, and sign a letter of consent agreeing to comply with the government’s Covid-19 measures.

Foreign travellers with a STV must still be quarantined for 14 days, she said.

Asked about the tourism and sports minister’s idea to reduce the quarantine period for foreign tourists

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VPN Proxy Master Announces Major Live Sports Streaming Events for September 2020

SINGAPORE, Sept. 26, 2020 /PRNewswire/ — VPN Proxy Master, a comprehensive VPN platform and encryption service that is helping people around the world access the internet with security and ease, this week announced major live sport streaming events for the month of September that they will be supporting.

Including the NFL, Formula 1, the Premier League, the NBA, Ultimate Fighting Championship (UFC), and the UEFA Champions League, VPN Proxy Master will enable users to dodge regional restrictions and gain access to sports stream sites, apps, and channels from anywhere in the world.

“The nature of internet streaming is changing forever, which is why we want our users to be able to stream their favorite sports from anywhere in the world,” said Lucas Leung, Chief Executive Officers of VPN Proxy Master. “Best of all, our platform will protect the user’s individual privacy, so they don’t have to worry about

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U.S. Business Spending Digging Out of Deep Hole; Outlook Uncertain | Investing News

WASHINGTON (Reuters) – New orders for key U.S.-made capital goods increased more than expected in August and shipments raced to their highest level in nearly six years, suggesting a rebound in business spending on equipment was underway after a prolonged slump.

The show of confidence by businesses in the report from the Commerce Department on Friday also bolstered expectations for a sharp turnaround in economic activity in the third quarter, thanks to government money, after it was hammered by the COVID-19 pandemic in the first half of the year.

But fiscal aid is running out and new coronavirus cases are rising in the country, clouding the fourth-quarter picture.

Federal Reserve Chair Jerome Powell this week stressed the need for more fiscal stimulus, telling lawmakers on Thursday that it could make the difference between continued recovery and a much slower economic slog. Another rescue package appears unlikely before the Nov. 3

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Mobile Analytics Market CAGR, Share, Business Strategies by Key Players and Volume | Flurry Inc, Mixpanel Inc, Comscore Inc

The MarketWatch News Department was not involved in the creation of this content.

Sep 25, 2020 (WiredRelease via Comtex) —
MarketResearch.Biz has posted a newly modern statistical statistics, titled as Mobile Analytics Market. It is a precious supply of statistical information for Mobile Analytics market and consists of correct data, which makes use of number one and secondary studies techniques. The studies analyst gives complete statistics, which complements the increase of the industries. This report makes a specialty of the simple requirement techniques of the businesses, which facilitates to extend productivity. Additionally, it gives distinctive market segments like deployment mode, industry vertical, and region.

This report research the global Mobile Analytics market, and analyzes the main key players to apprehend the opposition globally. The report elaborates at the of dynamic increase market and is used to research the distinctive state of affairs of the industries. This quantitative statistics facilitates

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