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    COOPER COMPANIES INC

    India Inc embracing neurodiversity at workplace
    Corporate India promotes neurodiversity by hiring individuals with autism, dyslexia and ADHD. Companies like SAP, EY, Publicis Sapient, Accenture, Wells Fargo lead in creating inclusive workplaces, offering tailored programmes, and specialized hiring initiatives.
    Racial tensions cost Germany Inc. skilled foreign labour
    Between 2013 and 2022, the number of xenophobic hate crime cases reported to the Interior Ministry in Germany more than tripled to over 10,000. According to official German projections, the nation will lack seven million skilled workers overall by 2035, out of a total labour force of about 46 million.
    US SEC fines two investment advisers over AI claims
    Toronto-based Delphia Inc and San Francisco-based Global Predictions Inc, which did not admit or deny the SEC's charges, agreed to pay a combined $400,000 in fines to settle the civil charges related to "AI washing," the SEC said in a statement.
    Pepsi, IBM sell bonds through Singapore to reap tax benefit
    The tactic can allow companies to deduct interest expense from their taxable income in both the US and Singapore. That double deduction means that effective borrowing costs — after taxes — can be materially lower than they would be with a bond issued in the US.
    Meta, Alphabet pushed to enter deals with Indonesia news firms
    The publishers' rule will push digital platforms to "support quality journalism" by entering licensing, revenue-sharing, data-sharing or other deals with local news outlets, without specifying how the income should be distributed. The regulation comes into effect six months after issuance on Feb. 20.
    View: Ahead of Budget, here's what India Inc wants on Customs front
    India's Interim Budget 2024 is expected to focus on improving the quality of trade facilitative environment, fostering domestic manufacturing, and expanding the greater value chain (GVC). The country has made significant progress in streamlining cargo clearance processes, but the actual performance has fallen short of average release time targets, experts say.
    • Musk-Xi meeting shows tight relationship China has with Tesla
      According to a Weibo post from Tesla’s official China account, Musk, the CEO of Tesla, attended a banquet on the evening of Nov. 15 to welcome Xi, who’s in San Francisco to meet and hold talks with US President Joe Biden as part of this week’s Asia-Pacific Economic Cooperation leaders’ meetings.
      US lawmakers question Apple over Jon Stewart's China content
      The New York Times reported last month that Stewart's show on Apple's streaming service was ending, the result of creative differences. The newspaper said Stewart told members of his staff that potential show topics related to China and artificial intelligence were causing concern to Apple executives.
      Tesla to double component imports from India, says Piyush Goyal
      Goyal, who is currently on a four-day visit to the US to attend the Indo-Pacific Economic Framework (IPEF) Ministerial Meeting and the Asia-Pacific Economic Cooperation (APEC) Summit, was, however, unable to meet Tesla chief Elon Musk during his visit to the plant.
      Indian company that makes EV battery materials to build its first US plant in North Carolina
      The company said the plant is anticipated to generate 500 new jobs, with an average annual salary of USD 52,264, which is above the current average salary in the county of USD 46,464. Cooper's administration has been focused on attracting clean-energy industries to North Carolina.
      How India Inc's trade gains in Latin America are paving the way for government to say 'hola'
      Strengthening bilateral relationship with South America would give New Delhi a boost in leading the Global South, getting access to rare earth minerals and tapping a growing market that has already shown an appetite for Indian goods and services.
      A $500 billion corporate-debt storm builds over global economy
      Corporate bankruptcies are escalating globally, and experts warn that the fallout from what looks like the usual churn of capitalism may be more severe this time round. The deeper, more troubling issue that’s causing increased anxiety is the debt loads that escalated over the past few years. With central banks applying rising pressure on interest rates, many companies will be unable to repay their debts and even though less than 15% of the nearly $600bn of distress debt trading globally has defaulted, companies owing half-a-trillion dollars may struggle to do so.
      US renews audit inspection of China firms: Report
      The inspection, part of an agreement signed last year, comes amid rising tensions between the United States and China, including U.S. consideration of export controls on artificial intelligence chips to China.
      Blues of green roles: India Inc struggles with ESG talent gap
      Globally, too, there is a shortage of green skills jobs - an OECD (Organisation for Economic Cooperation and Development) report in March found that "a green skills shortage across the OECD is holding back growth in sustainable development jobs and could jeopardise the race to reach net zero by 2050".
      India, US to discuss GSP restoration issue to find solution: Piyush Goyal
      The joint statement issued after the meeting of Prime Minister Narendra Modi and US President Joe Biden in Washington said that India has highlighted its interest in the restoration of its status under the US Generalized System of Preferences programme, which could be considered in relation to eligibility criteria determined by the US Congress.
      Bitcoin hovers near 2-1/2 month low as Binance SEC lawsuit rattles investors
      Bitcoin stabilized on Tuesday after a significant drop overnight, following the news that the U.S. Securities and Exchange Commission (SEC) sued Binance, the world's largest cryptocurrency exchange, and its CEO, Changpeng Zhao, alleging they evaded U.S. laws. The lawsuit against Binance marks the latest development in the SEC's crackdown on the crypto industry. The heightened scrutiny may cause some crypto companies to increase compliance measures, spike products, and expand outside the United States, prompting the crypto and fintech industries to pay close attention. If stablecoins are deemed securities, it could kill retail interest in key cryptos and benefit Bitcoin.
      Bitcoin steadies above $25,000 as Binance SEC lawsuit rattles investors
      Bitcoin steadied above $25,000 after a sharp fall on Monday as news emerged that the US Security and Exchange Commission had sued Binance, the world’s leading cryptocurrency exchange, and its CEO Changpeng Zhao for allegedly secretly controlling Binance.US to evade US laws. The SEC also made multiple other allegations. Bitcoin continued to trade near its two-month low of Tuesday morning. Binance’s cryptocurrency also fell to a nearly-three-month low of $277.07, after a drop of 9.2% on Monday. Binance pledged to cooperate with the SEC’s probes.
      Elon Musk's private jet lands in Beijing: report
      Musk is expected to meet senior Chinese officials and visit Tesla's Shanghai plant, sources have said, in what would be his first trip to China in three years.
      What family and non-family businesses can learn from each other
      Family-owned business is the dominant form of business organisation in India. Ranging from large industrial houses to medium and small enterprises, family businesses form the backbone of the Indian economy. Over 90% of all listed firms in India are family-owned businesses.
      Details from New York prosecutor's Trump hush-money indictment
      Each count covers an individual record related to payments by Trump to his former personal lawyer Michael Cohen between February and December 2017, the first year Trump was in the White House. According to Bragg, those payments were not for legal services, as they claimed, but were to reimburse Cohen for paying $130,000 to porn star Stormy Daniels for her silence during the 2016 election campaign. Daniels said she and Trump had a sexual encounter in 2006, the year after he married Melania Knauss, his third wife.
      Elon Musk, China's BYD deny report on Tesla ending battery supply cooperation
      The Korean Economic Daily on Sunday cited industry sources as saying Tesla had not asked BYD for an additional supply of batteries for certain Tesla Model 3 vehicles after their supply deal expired earlier this year.
      Taiwan's Foxconn seeks chip, EV cooperation with India
      Currently, iPhones are assembled in India by at least three of Apple's global suppliers - Foxconn and Pegatron in Tamil Nadu, and Wistron in Karnataka.
      Feuding law firms in Facebook antitrust case told to make peace
      In a court order, U.S. District Judge James Donato in San Francisco appointed Hagens Berman Sobol Shapiro and Quinn Emanuel Urquhart & Sullivan with "some reservations" given the past "rocky relationship" between the two law firms.
      South Korea aims to join AI race as startup Rebellions launches new chip
      The company's ATOM chip is the latest Korean attempt to challenge global leader Nvidia Corp in the hardware that powers the potentially revolutionary AI technology.
      Joe Biden plans to bar some U.S. investments in China, track others: Sources
      Relations with China have soured after one of its surveillance balloons was spotted over the United States, prompting China watchers to anticipate more punitive measures from Washington against Beijing in the short term. That could include the long-awaited outbound investment order. In addition to the ban on some investments, a broad swathe of transactions would be considered "notice and go," requiring the investors to simply advise the government of their plans, with no risk of disapproval.
      Upgrades raise a toast to India Inc's health
      India's credit ratio, the gauge for overall creditworthiness that compares upgrades to downgrades, stood an all-time high at 3.74 between April and September this financial year, showed data from CareEdge Ratings. In the preceding six months, it was 2.64.
      From Russia with Love, for India Inc
      As Western companies shut operations in Russia, in response to its invasion of Ukraine, the situation presents million-dollar opportunities for Indian firms. Russia is rolling out the red carpet and many Indian firms have lately been busy on a deal-signing spree.
      Didi denies reports that Beijing city is coordinating companies to invest in it
      Under the preliminary proposal, some Beijing-based companies including Shouqi Group, part of the state-owned Beijing Tourism Group, would acquire a stake in Didi, Bloomberg reported.
      In compliance with Indian laws, will cooperate with Enforcement Directorate on notice, says Flipkart
      According to sources, the notice under various sections of the Foreign Exchange Management Act (FEMA) was issued to a total of 10 noticees last month that includes Flipkart, its founders Sachin Bansal and Binny Bansal among others.
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