TWST: Twist Bioscience "Writing the Future"Graphic Source: Twist Bioscience Corporation

Introduction: What is Twist Biosciences?

Twist Bioscience Corporation (NASDAQ:TWST) is a high-growth synthetic biology company that launched a uniquely low-cost DNA synthesis platform in 2016 based on proprietary silicon chip DNA writing. This has since been leveraged to produce a wider-range of synthetic DNA-based products. Founded in 2013 with commercial operations beginning in 2016, TWST has since grown to revenues of $54M (2019) with over 400 employees across offices in CA-USA and Israel.

Products: TWST’s main products include Synthetic Genes (3Q: 46% of revenues), Next Generation Sequencing tools (41%), DNA & biopharma libraries (7%), and Oligonucleotide pools (6%). Clients choose TWST’s products primarily because they are typically 1/3-1/4 the cost of rival-products. Customers outsource DNA synthesis to organizations like TWST due to the high cost of equipment and expertise required to produce these niche products at a required-quality standard.

Customers: TWST’s main client segments as

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People wearing protective masks keep social distance as they queue to do a PCR test for Covid-19 in front of the city hall of Paris on August 31, 2020.


alain jocard/Agence France-Presse/Getty Images

European stocks traded mixed on Friday, as investors searched for direction, eyeing a tense Brexit standoff and a warning from the European Central Bank over getting too complacent about a recovery in the eurozone.

Heading the other way, U.S. equity futures indicated a bounce ahead for Wall Street, notably for technology stocks, which have taken a sizable hit this week on fears the sector has gained too far too fast.

The Stoxx Europe 600 index
SXXP,
+0.13%

was flat, the German DAX
DAX,
-0.04%

dipped 0.1% and the French CAC 40
PX1,
+0.20%

eased 0.1%. The FTSE 100 index
UKX,
+0.47%

was also flat.

But Dow
YM00,
+0.67%

rose 0.65 and S&P 500
ES00,
+0.35%

futures 0.8%,

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Not everyone has contracted COVID-19, but very few have been immune to its economic impacts — including the prior president of the Schaumburg Business Association.

Despite the pandemic bringing an end to the business she started two years ago after stepping down from her leadership role at the SBA, Kaili Kaminski said she recently landed on her feet by reinventing herself once again at The Salem Group’s North Suburban Staffing Center in Buffalo Grove.

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        

 

Kaminski’s business, Presence Image and Personal Brand, centered around crafting professional images for business executives and people on book and speaking tours — including TED Talks and “Shark Tank” appearances.

“COVID-19 sadly put an abrupt halt on my business as ‘Shark Tank’ and TED Talks both ceased, book and speaking tours stopped, and when working from home there isn’t much need for a professional wardrobe,” Kaminski said.

“I had some clients reach out about helping their

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The Central Board of Direct Taxes’ (CBDT) order to restrict power to authorise tax survey is being seen as a step in the right direction by tax and legal consultants among others.

Tax survey is basically a mechanism to verify submission by taxpayer for proper assessment.

According to CBDT, as ‘survey action under Section 133 A of the Act’ is an intrusive action, it is expected that it should be carried out with utmost responsibility. Accordingly, the Board directed that only the officers posted in Directorates of Investigation (Investigation Wing) and Commissionerates of TDS, shall act as “Income Tax Authority” for the purposes of survey.

It means only DGIT (Investigation) and Principal Chief Commissioner /Chief Commissioner (TDS) will approve survey of an assesssee.

On the new platform launched by Prime Minister Narendra Modi, Divakar Vijayasarathy, Founder of DVS Advisors LLP, said this new platform is part of digitalisation of the

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