“Most parents do not talk about it at all as it causes anxiety and they fear for their kids. According to Powai police the professor and his family had shifted from Chennai to Mumbai recently and the boy was unable to adjust to the new environment and was depressed. The suicide by the 17-year-old son of a professor on June 16 is one of the three suicides by children of teachers in the past 18 months, which prompted the psychiatrist who practices in and around SHL-4W Loom Control System the campus to write the letter.Doctor’s suggestionsParents must get trained as mental health soldiers and counsel children every quarter.
Dr Shetty has drawn the attention of the faculty to the fact that the children of professors are as prone to suicidal tendencies as other students studying in the institute.“There is something happening with the youth across the country that probably we all are not able to fathom.The youngster who hung himself to death on Friday night wrote in his suicide note that he was under pressure owing to his studies and could not cope with it hence decided to end his life.Keep track of social media shares of children as they give away intentions about suicide to friends. He points to the fact that being children of IIT-B faculty and having to live up to the expectations do have an adverse affect on the children which needs to be spotted in time.Screen children for drugs. Generic explanations of the reasons and causative factors that we all so spontaneously share and believe may not be always true and in fact not the holy grail at all..Build a system and a permanent counselling centre with the help of alumni.
The recent suicide by the son of an IIT-B professor has prompted noted psychiatrist Dr Harish Shetty to write a letter the faculty of the premier institution exhorting teachers to be more attentive towards the mental condition of their children and encouraging them to take up their counselling to avert such incidents in future too. Yet one single fact is that depression is reaching epidemic proportions,” wrote Dr Shetty.He advised the parents not to overlook the issue nor treat it as a stigma and get help as soon as they spot signs of depression in their children. Then, we brush it aside and repress it because it causes turmoil inside us,” the letter read
4 trillion to $2 trillion but said the White House needed to increase its offer.The president’s team believes the economy needs to stabilize and show signs of growth for him to have any chance at winning reelection. Employers also pay 7.” He also cited a threat to Medicare funding. Trump had largely stayed on the sidelines during the administration’s negotiations with congressional leaders, leaving the talks on his side to chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin. The move would not directly aid unemployed workers, who do not pay the tax when they are jobless, and employees would need to repay the federal government eventually without an act of Congress.
This is not presidential leadership. Lives are being lost, and time is of the essence. Don’t say it’s your way or no way.” Like Trump, McConnell accused Democrats of using the coronavirus package negotiations to pursue other goals. But it also would reinforce the view that the president, who took office declaring he was a dealmaker, was unable to steer the process to an agreement. Schumer urged the White House to “negotiate with Democrats and meet us in the middle.Bedminster: Seizing the power of his podium and his pen, President Donald Trump on Saturday bypassed the nation’s lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after negotiations with Congress on a new coronavirus rescue package collapsed. Some measures do far more harm than good.65% of their payrolls into the funds.Democrats had said they would lower their spending demands from $3.”
Playing off Trump’s reputation as a dealmaker, Biden said: “This is no art of the deal.Democrats said they were not favorably impressed by Trump’s orders. However, his order called for up to $400 payments each week, one-third less than the $600 people had been receiving.Schumer said the White House had rejected an offer by Pelosi to curb Democratic demands by about $1 trillion. Neal of Massachusetts, accused Trump of “brazenly circumventing Congress to institute tax policy that destabilizes Social Security. Trump said he’ll try to get lawmakers to extend it, and the timing would line up with a post-election lame-duck session in which Congress will try to pass government funding bills. How many people would receive the benefit and how long it might take to arrive were open questions.“It’s $400 a week, and we’re doing it without the Democrats,” Trump said, asking states to cover 25% of the cost.The use of executive actions drew criticism from Republican Sen.Senate Majority Leader Mitch McConnell, R-Ky.White House aides watched the talks break down with apprehension, fearful that failure to close a deal could further damage an economic recovery already showing signs of slowing down. 1, and negotiations to extend them were mired in partisan gridlock, with the White House and Democrats miles apart.Senate Republicans were split, with roughly half of McConnell’s rank and file opposed to another rescue bill. Trump is seeking to set aside $44 billion in previously approved disaster aid to help states maintain supplemental pandemic jobless benefits, but Trump said it would be up to states to determine how much, if any of it, to fund, so the benefits could be smaller still.Congress had allowed the higher payments to lapse on Aug. 1 through the end of the year. The previous unemployment benefit was fully funded by Washington. “The pen-and-phone theory of executive lawmaking is unconstitutional slop,” said Sasse, a member of the Senate’s Judiciary and Finance panels. Under the Constitution, that power belongs to the American people acting through their members of Congress.In essence, the deferral is an interest-free loan that would have to be repaid.The Democratic congressional leaders Trump criticized and insulted with nicknames in remarks ahead of signing the orders, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, dismissed Trump’s actions as “meager” in the face of economic and health crises facing Americans. “It’s all that we can do and all the president can do within the confines of his executive power.” But they are far smaller in scope than congressional legislation, and even aides acknowledged they didn’t meet all needs.., issued a statement saying he supported Trump “exploring his options to get unemployment benefits and other relief to the people who need them the most.Many states already faced budget shortfalls due to the coronavirus pandemic and would have difficulty assuming the new obligation. These orders are not real solutions.Trump said Saturday the orders “will take care of pretty much this entire situation, as we know it.At his private country club in Bedminster, New Jersey, Trump signed executive orders to act where Congress hasn’t.” They added: “Democrats repeat our call to Republicans to return to the table, meet us halfway and work together to deliver immediate relief to the American people. Aides were hoping to frame the executive orders as a sign that Trump was taking action in a time of crisis.”Trump said the employee portion of the payroll tax would be deferred from Aug. Richard E.”With no deal on virus relief in sight, lawmakers went home on instructions to be ready to return for a vote on an agreement. Not only has the pandemic undermined the economy and upended American lives, but it has also imperilled the president’s November reelection.
He added that Trump “does not have the power to unilaterally rewrite the payroll tax law.Trump’s embrace of executive actions to sidestep Congress ran in sharp contrast to his criticism of former President Barack Obama’s use of executive orders on a more limited basis.
“This is not a perfect answer — we’ll be the first ones to say that,” Meadows said Friday as talks broke down and executive orders seemed a certainty.The executive orders could face legal challenges questioning the president’s authority to spend taxpayer dollars without the express approval of Congress. Friday’s jobs report, though it beat expectations, was smaller than the past two months, in part because a resurgence of the virus led to states rolling back their reopenings. They are just another cynical ploy designed to deflect responsibility.Perhaps most crucially, Trump moved to continue paying a supplemental federal unemployment benefit for millions of Americans out of work during the outbreak. Ben Sasse of Nebraska. A stalemate that could stretch well into August and even September was possible, casting doubt on the ability of the Trump administration and Democrats to come together on a fifth COVID-19 response bill.Often an impasse in Washington is of little consequence for the Super ELF suppliers public — but this would mean more hardship for millions of people who are losing enhanced jobless benefits and cause further damage to the economy. Trump’s Democratic opponent in the presidential race, Joe Biden, said the president had issued “a series of half-baked measures” and accused him of putting Social Security at risk. And the president’s step-back from talks with Congress broke with his self-assured negotiating skills.Trump, who has not spoken with Pelosi since last year, sought to play the role of election-year savior, with the $400 weekly assistance, as well as a deferral of payroll tax and federal student loan payments and the continuation of a freeze on some evictions during the crisis. But other priorities were also languishing, including a fresh round of $1,200 direct payments to most people, a cash infusion for the struggling Postal Service and money to help states hold elections in November. In a joint statement, Pelosi and Schumer said that “these policy announcements provide little real help to families.”The Democratic chairman of the tax-writing House Ways and Means Committee, Rep. Republicans had proposed a $1 trillion plan.”The breakdown in negotiations over the last several days was particularly distressing for schools trying to reopen.“If I win, I may extend and terminate,” Trump said, repeating a longtime goal but remaining silent on how he’d fund the Medicare and Social Security benefits that the 7% tax on employee income covers
Another report says total borrowings of Coffee Day were Rs 6,547.38 crore as of March 2019, up 64 per cent from the previous year.
While losses are common in the private equity space, all the investors in Coffee Day are sitting on at least 20 per cent profit.Chennai: After Café Coffee Day owner V G Siddhartha went missing on Monday evening, the shares of Coffee Day Enterprises and Sical Logistics owned by him hit the 20 per cent lower circuit on Tuesday. They can sell their shares in the open market and why should they pressurise on buying back?” asked a PE industry observer.Siddhartha had used a major part of the Rs 3,269 crore proceeds from the sale of 20 per cent of his shares and Coffee Days stake in Mindtree to pare the debts.Shares of Coffee Day Enterprises fell 20 per cent to hit a low of Rs 154.05 on BSE and Sical Logistic too fell 20 per cent to Rs 72. Coffee Day shares have been on a slide since the Mindtree stake sale.
“Tremendous pressure from other lenders lead me succumbing to the situation,’ the letter said. “There was a lot of harassment from the previous DG Income Tax in the form of attaching our shares on two separate occasions to block our Mindtree deal and then taking position of our Coffee Day shares, although the revised returns have been filed by us.67 per cent by June-end.
There has been a lack of clarity as to how much debt does Coffee Day and Sical have in their books.61 per cent and Affirma about 5.99 crore in the corresponding quarter a year ago.07 per cent stake in Coffee Day, Rivendell 10. “When he clearly mentions the IT official, why did not he mention the name of the private equity firm. Further, this is a listed entity. One report says that as of March 2019, Coffee Day has a net debt of Rs 4,068.5 per cent Mindtree stake to cover any tax liabilities prior to stake sale to LT. Year to date, it has fallen 45 per cent while Sical declined 51 per cent.80 a share..15 crore from Rs 27.
For the quarter ended December 2018, Coffee Days consolidated revenue stood at Rs 996. Income Tax department had attached 4. As the company is in a quiet period, officials declined to comment.08 crore and Sical Logistic has a net debt of Rs 1,052. This was very unfair and led to a serious liquidity crunch,” the letter said.He also accused former Director General of Income Tax department of harassment. He had partially completed the transaction six months ago by borrowing a large sum of money from a friend.Coffee Day is backed by private equity firms KKR, Rivendell PE (formerly New Silk Route) and Affirma Capital, which manages the portfolio of Standard Chartered PE.Many are questioning the veracity of the letter.A letter purportedly written by Siddhartha, before he went missing, was found in Bengaluru and addressed to the board of directors and CCD family said that he was pressured by a private equity investor to buy-back shares. KKR owned a 6.51 crore, while its Iro weft feeder suppliers net profit had jumped to Rs 73.In the letter, Siddhartha says he failed to create a right profitable business model
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