US companies getting refunds after the Supreme Court struck down President Donald Trump's import tariffs are using the temporary windfall in a range of creative ways. The refunds are being used to cover rising costs, supplement employee retirement accounts and repay debt. Some are sharing the bounty with vendors. And a number of consumer companies are beefing up their assortment of lower-priced products and offering deals to attract budget-conscious shoppers pinched by the rising cost of living. Companies in the Russell 3000 Index mentioned tariff refunds almost 1,000 times in earnings calls and filings in July, August and September, according to a Bloomberg News analysis, almost four times more than in the previous earnings season. Consumer discretionary and staples companies accounted for more than a third of the references, disclosing the receipt of close to $9.8 billon in refunds during that period. Roughly $166 billion was paid in tariffs under the International Emergenc...
Sheejith Krishna, a former faculty of Chennai's Kalakshetra Foundation, has been arrested today on allegations of sexual harassment by former students. A renowned dancer, Mr Krishna had resigned on his own from Kalakshetra and started his own dance academy. Sheejith Krishna's team is yet to respond on the allegations.
The former students, now settled abroad had moved the Madras High Court, alleged Mr Krishna had sexually harassed them when they were on campus between 1996 and 2001. The court had directed the Chennai Police Commissioner to act on the complaint. Confirming the arrest, a senior police officer told NDTV "The former students allege Sheejith used them".
Last year, the Kalakshetra Foundation sacked professor Hari Padman after an inquiry committee found him guilty of sexual harassment. He was also arrested.
Large sections of students had also taken to the streets alleging sexual harassment by faculty and repertory artists and they sought justice citing inaction by the administration.
Initially, the management and the National Commission for Women had denied any sexual harassment until the issue went to court. Around a hundred students, including male students, gave written complaints to the state women's commission.
An independent committee has given a set of recommendations that the Madras High Court has urged the institution to implement, calling its failure to address sexual harassment a "blight on Kalakshetra". The recommendations include a ban on entry of students into teachers' quarters except during community celebrations, a ban on "engaging repertory artists, curtailing obsession on performance and an emphasis on deep learning and polishing art form".
from NDTV News- Special https://ift.tt/mYDduqc
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