Headlines: Omicron Shakes Business Plans; CNDH requests report on Nagaland
Why Dish TV India and Yes Bank are at war; how Omicron is changing companies to keep their plans back to the office: More information on these stories in our morning envelope.
Dish TV vs Yes Bank: a fight for principles
Dish TV India, a company created by Essel Group, and its main shareholder, Yes Bank, are ready for a face-to-face at the shareholders’ meeting to be held next week. Yes, the Bank has already made it clear that it wants to remove all the directors of the company and appoint its own candidates to the board of directors.
Omicron puts the key to work back in the office
The Omicron variant of the coronavirus has made Indians companies persist with their policy of banning overseas travel and allowing only essential travel to India. The IT services companies, who had planned to ask their employees to return to work, are monitoring the Covid-19 situation.
FMCG not safe havens for investors
The NSE FMCG index (fast consumer goods) declined 9% since the end of September against a drop of 4% in the benchmark Nifty50. Also on Monday, the FMCG index slightly underperformed, falling 1.8% against 1.65% in the Nifty50.
CNDH opinion on the Nagaland murders
The National Human Rights Commission (CNDH) Monday opinion issued to the central and Nagaland governments, seeking a detailed report on the killings of civilians in an army operation, within six weeks.
Biden and Putin talk today
Russia’s military reinforcement on the border with Ukraine will be the the main object of the talks between President Joe Biden and Russian Vladimir Putin on Tuesday, but many other thorny issues are also on the table, including cyberattacks, human rights and US-Russian relations which, according to a Kremlin spokesperson, are in a rather dire state overall.