COVID-19’s Impact on Tech M&A in 2020: Deals Slow, Attractions Abound

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Buy the dip, or research themes?

COVID-19 has set the brakes on M&A exercise in the engineering, media and telecommunications (TMT) sector, but the decreased enterprise valuations may well give Significant Tech and deep-pocketed funds very long-expression options well worth greedy.

That is in accordance to a new report from GlobalData, which notes that just after a buoyant 2019, tech M&A exercise has taken a hit from COVID-19, with Q1 2020 offer values down by 26 percent and declines tracked throughout all of the TMT sectors.

It names chipmakers AMD, Micron and Xilinx as among the the

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Karnataka’s cashew industry seeks relief measures to deal with pandemic impact

To help cope with the coronavirus outbreak and subsequent lockdown, the cashew market in Karnataka has sought aid steps from the Point out federal government.

Terming the cashew market a highly labour intense just one, Subraya Pai, President of the Karnataka Cashew Manufacturers’ Affiliation (KCMA), instructed BusinessLine that cashew manufacturing units in the Point out employ about 60,000 women of all ages straight in the factories and an additional 40,000 in the farm and its price chain.

Covid-19 has wholly thrown the market out of equipment and will jeopardise the employment of these women of all ages, many of whom

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ICAR assessing impact of Covid-19 lockdown on agriculture, allied sectors

Govt agri-study body ICAR is evaluating the effect of Covid-19 lockdown on agriculture and allied sectors and using measures to minimise its result on the country’s food stuff stability, a senior ICAR official said.

The Indian Council of Agricultural Investigate (ICAR) is the apex body for coordinating, guiding, and running study and schooling in agriculture in the total country less than the aegis of Ministry of Agriculture and Farmers Welfare.

“ICAR is preparing documents on the probable effect on agriculture and allied sectors and measures to minimise the negatives so that the food stuff process remains unaffected,” the official said.

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