quick reads

The business wrap: L&T sacks 14,000 employees as a ‘correctional’ step, and six other top stories

Indian markets made gains for the second consecutive session, and Sun Pharma signed a deal to acquire 85.1% stake in Russian firm Biosintez.

A look at the headlines in this sector right now:

  1. Larsen & Toubro lays off 14,000 employees in bid to ‘right size’ citing economic slowdown: The Indian engineering giant sacked 11.2% of its staffers in six months leading to September despite reporting an 84.3% increase in second quarter net profit.
  2. Sensex, Nifty close higher as markets rise for second straight day: This is the first time the indices made gains in consecutive sessions since the Centre demonetised Rs 500 and Rs 1,000 notes on November 8.
  3. Sun Pharma signs agreement to acquire 85% stake in Russian firm Biosintez for $24 million: As part of the deal, the drug major will also assume a debt of around $36 million from the company.
  4. SC rules in favour of Reliance Communications in Rs 4,800-crore tax case: The I-T department had claimed that proceeds from the company’s Foreign Currency Convertible Bonds were ‘unexplained cash credits’.
  5. All public banks, some private banks will waive debit card service charges this year: Meanwhile, India and Switzerland signed a joint declaration, as per which Swiss banks will share information on Indian account holders from 2019.
  6. Facebook has developed a censorship tool as part of efforts to re-enter China: The software will allow a partner Chinese company to block and monitor content shared on the social networking platform.
  7. Twitter suspends its own CEO Jack Dorsey’s account for half an hour: This triggered rumours that the social networking platform’s co-founder had been sacked.
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Children's Day is not for children alone

It’s also a time for adults to revisit their childhood.

Most adults look at childhood wistfully, as a time when the biggest worry was a scraped knee, every adult was a source of chocolate and every fight lasted only till the next playtime. Since time immemorial, children seem to have nailed the art of being joyful, and adults can learn a thing or two about stress-free living from them. Now it’s that time of the year again when children are celebrated for...simply being children, and let it serve as a timely reminder for adults to board that imaginary time machine and revisit their childhood. If you’re unable to unbuckle yourself from your adult seat, here is some inspiration.

Start small, by doodling at the back page of your to-do diary as a throwback to that ancient school tradition. If you’re more confident, you could even start your own comic strip featuring people in your lives. You can caricaturise them or attribute them animal personalities for the sake of humour. Stuck in a boring meeting? Draw your boss with mouse ears or your coffee with radioactive powers. Just make sure you give your colleagues aliases.

Pull a prank, those not resulting in revenue losses of course. Prank calls, creeping up behind someone…pull them out from your memory and watch as everyone has a good laugh. Dress up a little quirky for work. It’s time you tried those colourful ties, or tastefully mismatched socks. Dress as your favourite cartoon characters someday – it’s as easy as choosing a ponytail-style, drawing a scar on your forehead or converting a bath towel into a cape. Even dinner can be full of childish fun. No, you don’t have to eat spinach if you don’t like it. Use the available cutlery and bust out your favourite tunes. Spoons and forks are good enough for any beat and for the rest, count on your voice to belt out any pitch. Better yet, stream the classic cartoons of your childhood instead of binge watching drama or news; they seem even funnier as an adult. If you prefer reading before bedtime, do a reread of your favourite childhood book(s). You’ll be surprised by their timeless wisdom.

A regular day has scope for childhood indulgences in every nook and cranny. While walking down a lane, challenge your friend to a non-stop game of hopscotch till the end of the tiled footpath. If you’re of a petite frame, insist on a ride in the trolley as you about picking items in the supermarket. Challenge your fellow gym goers and trainers to a hula hoop routine, and beat ‘em to it!

Children have an incredible ability to be completely immersed in the moment during play, and acting like one benefits adults too. Just count the moments of precious laughter you will have added to your day in the process. So, take time to indulge yourself and celebrate life with child-like abandon, as the video below shows.


This article was produced by the Scroll marketing team on behalf of SBI Life and not by the Scroll editorial team.