Tamil Nadu’s love for biryani probably stems from the state’s love of rice.

The lacquer disc-making factory of Apollo Masters in California caught fire last week. It has been devastated.

‘We are a cash generating company and virtually carry no leverage’

‘Don’t sell but use dips in the market to deploy money’

‘The debt will come down even further if fibre InvIT and Aramco sale happens’

‘Industry leaders would benefit from both the demand revival as well as consolidation.’

‘Focus on more essential services and rural-focussed stocks’

‘As economic activity resumes, expect a further revival in the market in the coming months’

'You have to get right kind of worker with right kind of skills'

At the interbank foreign exchange market, the local currency opened at 71.25.

“Today, USDINR pair is expected to quote in the range of 71.05 and 71.50,” Motilal Oswal Financial Services said.

The rupee on Friday hit a fresh record low of 74.48 against the US dollar following sharp sell-off in domestic equities

The rupee fell against the US dollar after the Federal Reserve cut interest rates to near zero per cent in an emergency move amid the economic impact of the coronavirus outbreak.

The rupee on Friday surged against the US dollar following some selling in American currency by banks and exporters.

Forex traders said the rupee which started the day on a positive note, witnessed heavy volatility.

The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American currency.

Forex traders said stimulus measures announced by the RBI and FPIs turning net buyers in capital markets boosted investor sentiment.

Motilal Oswal Financial Services expects the rupee (Spot) to quote in the range of 75.20 and 76.20.

Forex traders said the rupee is trading in a narrow range as losses in the greenback supported the rupee, while weak domestic equities weighed on the local unit.

The government had recently allowed certain industrial activities other than in the containment zones to operate, while relaxing the COVID-19 induced lockdown in the state.

The company has already started operations in the Middle East, with the re-opening of 9 standalone showrooms in UAE and 3 showrooms in Qatar on the occasion of Akshaya Tritiya. Kalyan Jewellers will be following the highest level of safety and precautionary measures across operational showrooms, to safeguard the health and safety of both customers and staff alike.

​​Addressing a press conference, MHA Joint Secretary Punya Salila Srivastava said the government intends to give relaxations to people within the lockdown guidelines. These trains are part of this endeavour, she said.

The task force, in a report released on Thursday, acknowledged stress in the telecom sector and said the Supreme Court judgement mandating companies to pay around Rs 1.35 lakh crore has placed some operators in a "precarious position" due to the short period of time in which they have to meet their liabilities.

This will be the first Open House Discussion (OHD) to be conducted by the regulator during the lockdown and also first such discussion to happen through video-conferencing mode.

The task force has also called for a revamp of financing models for infrastructure and backed a return of development financial institutions, such as IDBI and IFCI, albeit with a sectoral focus. It has argued that banks and NBFCs are unable to meet the massive funding requirement and face several challenges, which is turning the clock back by close to two decades.

Airtel Thanks app customers will not have to pay any subscription to avail the access to ZEE5's content, according to the announcement.

Airtel CEO Gopal Vittal, in a note to customers, said that the next phase of the journey has begun as the world slowly starts to open up.

The body has also raised serious concerns with the new Pesticide Management Bill, which heightens the criminalisation of business operations, as there are penalties of up to Rs 50 lakh with an imprisonment up to 5 years or both, without differentiating between minor or major offences.

In a statement issued on Tuesday the company said it will "enforce all the guidelines set by government authorities to ensure health and safety of the employees and all other stakeholders involved in the manufacturing process."

The country imported 26.34 million tonnes (MT) of coal in April 2019, according to a provisional compilation by mjunction services based on monitoring of vessels' positions and data received from shipping companies.

Cement manufacturer India Cements said it has adopted a series of precautionary and safety measures at its facilities including compliance with standard operating procedures and other measures as advised by government authorities.

The report further said the lockdowns have adversely affected the demand for chemicals and petrochemicals owing to decline in consumption and shutting down of manufacturing plants, supply chains and distribution networks.

Civil Division (CIV)
Commercial-Intellectual Property
Washington, District of Columbia

As a Law Student Volunteer you will conduct research, draft memoranda, and assist in discovery and trial efforts.  you will be given assignments in different subject matters, providing exposure to a variety of intellectual property practice areas.  Our goal is to introduce you to the federal legal system in general and our office's practice areas in particular, and to develop your legal skills.

Civil Division (CIV)
Commercial-Intellectual Property
Washington, District of Columbia

As a Law Student Volunteer you will conduct research, draft memoranda, and assist in discovery and trial efforts.  You will be given assignments in different subject matters, providing exposure to a variety of intellectual property practice areas.  Our goal is to introduce you to the federal legal system in general and our office's practice areas in particular, and to develop your legal skills.

The Department of Justice announced today that the Western Union Remission Fund began its first distribution of approximately $153 million in funds forfeited to the U.S. government from the Western Union Company (Western Union) to over 109,000 victims located in the United States and abroad. These victims, many of whom were elderly victims of consumer fraud and abuse, will be recovering the full amount of their losses.

The Justice Department and the Drug Enforcement Administration (DEA) today announced the results of Project Python, a DEA-led interagency operation encompassing all global investigations and related disruption activities targeting the Cártel de Jalisco Nueva Generación (CJNG).

An Allentown, Pennsylvania, attorney has been charged for his role in a $2.7 million investment fraud scheme that victimized his law clients, according to a superseding indictment that was unsealed Monday.

An Allentown, Pennsylvania, attorney pleaded guilty today for his role in a $2.7 million investment fraud scheme that victimized his law clients.

USAO Central District of Illinois

Springfield or Peoria, Illinois
Announcement #: ILC-APPELLATE AUSA-10811192
Application Deadline: May 22, 2020

This Assistant U.S. Attorney will be assigned to our Appellate Division where they will be responsible for researching and drafting briefs and motions for filing in the Court of Appeals for the Seventh Circuit, handling post-conviction Habeas Corpus (28 U.S.C § 2241) matters in district courts, reviewing and editing briefs and motions for colleagues, participating in moot courts to prepare for oral argument, and providing research support for AUSAs in the Criminal and Civil Divisions. Briefs will involve a wide variety of constitutional, statutory, and other claims arising under substantive and procedural federal criminal and civil law and primarily respond to defense claims of error in convictions and/or sentences, while at times, the government will file an appeal challenging district court decisions or orders.

Responsibilities will increase and assignments will become more complex as your training and experience progress.

Drug Enforcement Administration (DEA)
Office of Compliance
Springfield, Virginia

Application Deadline: May 20, 2020

The incumbent will serve as the section chief over the External Audit and Liaison Section within the Office of Compliance.  This section leads and oversees DEA's engagement with the Department of Justice - Office of Inspector General (OIG), the US Government Accountability Office (GAO), and similar oversight entities that conduct audits and performance reviews of DEA programs.  The section is responsible for the collection and delivery of requested documents and subject matter experts who can provide the most accurate information to OIG, GAO, and others during an external audit, review, inspection, or analysis.  As a specific audit draws to a close, the incumbent will represent DEA's equities in reviewing the draft report to ensure fairness and accuracy of information published in a final report.  Once published, the section will work with internal stakeholders to implement auditor recommendations and resolve audit results.   

USAO Western District of Texas
San Antonio
San Antonio, Texas
Announcement #: 20-WDTX-A10
Application Deadline: May 15, 2020

Responsibilities and Opportunity Offered: The District is currently accepting applications for Civil Chief. 

The Civil Division is responsible for representing the federal government and its agencies and employees in civil litigation in the District. Two primary areas of practice are tort cases, including medical malpractice and a variety of personal injury cases, and Title VII cases alleging discrimination in hiring and employment practices by agencies of the United States. Other areas of practice include civil rights, immigration, bankruptcy, debts owed the United States or its agencies, breach of contract, judicial review of administrative findings, and injunctive proceedings. AUSAs in the Civil Division are active at both the trial and appellate levels, taking depositions, preparing and answering interrogatories, negotiating for settlement, engaging in motions practice, trying cases, and writing and arguing appeals.

About the Position:  On a regular and recurring basis, this office fills the Supervisory Assistant United States Attorney (AUSA) positions that it has been allotted. These temporary, at will positions, make up the management team of the office, under the control, supervision and direction of the United States Attorney. AUSAs selected for these supervisory positions will be responsible for exercising dynamic leadership and efficiently and effectively managing the employees in their respective sections to accomplish the mission of the Department and the specific goals of this office, as set forth by the United States Attorney.

The Department of Justice announced today that it has transferred $311,797,876.11 to the government of the Federal Republic of Nigeria (Nigeria) in accordance with a Feb. 3, 2020, trilateral agreement among the governments of the United States, Nigeria and the Bailiwick of Jersey (Jersey) to repatriate assets the United States forfeited that were traceable to the kleptocracy of former Nigerian dictator Sani Abacha and his co-conspirators.

Assistant Attorney General Stephen E. Boyd issued the following statement in support of efforts to streamline payments under the Public Safety Officer Benefit Program (PSOB) to public safety officers fatally injured while working during COVID-19:

A federal court permanently enjoined Mary E. Shade, d/b/a MS Tax, of Piqua, Ohio, from owning or operating a tax return preparation business and preparing tax returns for others, the Justice Department announced today. Mary E. Shade consented to the relief.

A federal court in Tampa, Florida has permanently barred Steven Doletzky, formerly doing business as Liberty Tax Service, from operating a tax return preparation business and preparing federal tax returns for others, the Justice Department announced today. The court also ordered Doletzky to disgorge $175,000 of ill-gotten gains that the United States alleges he received from filing federal tax returns that claimed improper tax refunds, understated customers’ federal tax liabilities, or otherwise included false or fraudulent claims.

A federal court permanently enjoined Smart Ajayi, d/b/a Harplett Marketing LLC., Topps Tax Services and Smart Tax Services, and JoAnn Villarreal, both of Grand Prairie, Texas, from owning or operating a tax return preparation business and preparing tax returns for others, the Justice Department announced today. Ajayi and Villarreal consented to the relief.

The Eighth Circuit Court of Appeals issued a precedential opinion on Friday, April 24, 2020, affirming a district court decision that a transaction designed to generate massive foreign tax credits (referred to as the STARS tax shelter) lacked economic substance and business purpose and was subject to the accuracy-related penalty for negligence, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman and Deputy Assistant Attorney General Joshua Wu of the Justice Department’s Tax Division.

On April 24, 2020, a federal appellate court upheld an order enforcing an Internal Revenue Service (IRS) summons directed to the Taylor Lohmeyer Law Firm PLLC, the Department of Justice announced. The summons directed the law firm to provide information about clients who used the law firm’s services to create and maintain foreign bank accounts and entities. On appeal, the United States Court of Appeals for the Fifth Circuit upheld the trial court’s enforcement of the summons and rejected the law firm’s “blanket” claim that all responsive materials were protected by the attorney-client privilege. It explained that revealing the fact that the clients participated in specific types of transactions would not necessarily reveal any confidential communication of legal advice protected by the attorney-client privilege.