business and finance

KITE, Corona and Kerala

Covid-19 shut down schools and cancelled exams but learning didn’t stop for students of Kerala’s government schools, thanks to teachers who tapped technology. Jinoy Jose P reports




business and finance

IDFC Bank is getting a person who understands retail: CEO Rajiv Lall

The merger with Capital First will drive home three years of growth at one go to IDFC Bank: Rajiv Lall




business and finance

The phenomenal rise of Jeff Bezos - a 'mysterious' corporate titan

For nearly two decades, Bezos was adamant that the company should largely stay out of the political limelight and not make a stir in local communities. It also had a bare-bones lobbying operation




business and finance

PNB scam: Meet Firestar's Vipul Ambani, simple CFO in a complex setting

The self-described entrepreneur had surprised all by joining Nirav Modi four years ago




business and finance

Martin Sorrell's exit from the Ad industry sets off questions about future

Sorrell's exit would have been a big deal at any point, but the manner of his departure has amplified the attention




business and finance

Amid lockdown, fashion firms strive to keep customers engaged

Online retailers such as Myntra and Tjori have their consumer engagement teams working on to engage their customers till the time the lockdown eases. Others such as fashion brand Anita Dongre are brainstorming changes in consumer behaviour and how to keep them engaged online till the time stores become fully operational.




business and finance

As virus hits consumer sentiment, jewellers offer online sweeteners for Akshay Tritiya

Senco Gold & Diamonds is offering a discount on the gold rate. Sankar Sen, CMD of the Kolkata-based company, said the special Akshay Tritiya offer entails giving a discount of Rs 400 per gram on the gold rate during the offer period that runs from April 22-27.




business and finance

Jewellers offer online sweeteners for Akshay Tritiya

Senco Gold & Diamonds is offering a discount on the gold rate. Sankar Sen, CMD of the Kolkata-based company, said the special Akshay Tritiya offer entails giving a discount of Rs 400 per gram on the gold rate during the offer period that runs from April 22-27.




business and finance

Vummidi Bangaru Jewellers expects drop in sales for 5 months; delays new launches

Noted jewellery retailer Vummidi Bangaru Jewellers expects to take a hit in sales for the next five months due to the ongoing lockdown and said it is delaying new design launches.




business and finance

Jewellers use digital platform, offer discount to sell gold this Akshaya Tritiya

"As we started getting a lot of enquires from our regular customers, we have started taking Akshay Tritiya bookings online from 21st April onwards on our e-commerce platforms. The same will be delivered to the customers post lockdown ends," Aditya Pethe, director, WHP Jewellers said.




business and finance

Jewellers witness encouraging response from customers on their digital platforms for Akshaya Tritiya

Mr. Ajoy Chawla, CEO, Jewellery Division at Titan Company Limited said, "All 328 Tanishq stores remain shut this year and hence it would be unfair to compare numbers with last year. But the overall customer response to tanishq.co.in from key metros and even with tier-2 and tier-3 towns has been extremely encouraging.




business and finance

Sunil Sethi appointed executive chairman for Dixcy Textiles & Gokaldas Intimatewear

Sunil Sethi has more than three decades of multi-category experience in the fast-moving consumer goods industry with expertise in sales, marketing, strategy and general management across international markets, according to a release.




business and finance

Rough diamond import may be curtailed as pandemic stalls trade

India’s gross import of rough diamonds had declined by 13.43% to $12.39 billion between April 2019 and February 2020 from a year earlier.




business and finance

Surat may lose cutting edge in diamond trade

Diamond trade has come to a halt because of the lockdown. Many workers have also left.




business and finance

Global fashion brands tap India for face masks

International brands have begun sharing prototypes of fashion masks in cotton and blends with Indian suppliers who are awaiting a nod from the Centre to export non-surgical masks.




business and finance

Covid-19 Impact: Stylish face mask is the new focal accessory of India’s top fashion brands

Several apparel makers and fast-moving consumer goods companies had earlier stepped up to produce medical-grade masks as a philanthropic act when Covid-19 struck but now it is apparent that the pandemic is set to alter lifestyles for at least some time to come.




business and finance

Silk is losing lustre in its prime land Bengal and Assam

According to Central Silk Board statistics, West Bengal and Assam contribute around 6.5 thousand Metric Ton (MT)silk to India's total annual output of over 35,000MT. Over 80% of that is consumed in domestic market. As estimated, over 15 lakh workers are involved in ground level silk activities in these two states.




business and finance

Masks to help fashion brands beat pandemic blues

Several apparel makers and fast-moving consumer goods companies had earlier stepped up to produce medical-grade masks as a philanthropic act when Covid-19 struck but now it is apparent that the pandemic is set to alter lifestyles for at least some time to come.




business and finance

Tanishq announces to open its 328 stores across the country in a phased manner

The company will continue to strictly comply with all government rules while reopening and running operations at the store. The company plans to reopen first 50 stores by 10th May, 2020.




business and finance

Senco Gold & Diamonds to reopen stores in West Bengal, Odisha, Assam and Karnataka

The brand has started operating its 11 stores in these four sates after getting clearance from the government. The brand will continue to follow the safety instructions suggested by Government authorities across all locations. Senco Gold and Diamonds plans to start operations across all locations in a phased manner following clearance by the concerned government authorities.




business and finance

Bhargavi Zaveri & Radhika Pandey: Treat the disease, not just the symptoms

Easing the Reserve Bank of India regulation on put options would be a quick hack to solve a temporary problem. What needs to be fixed is the fundamental design of the Foreign Exchange Management Act




business and finance

A V Rajwade: Think before you write an option

Their pricing and hedging is arguably one of the most complex subjects in the theory and models of financial economics




business and finance

Abheek Barua: What monetary transmission means

Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers




business and finance

A K Bhattacharya: Continuity is the best policy

As the deputy governor, Urjit R Patel's biggest contribution has changed the way monetary policy is framed in India. He chaired the experts group that put in place the framework of the monetary policy committee




business and finance

Janmejaya Sinha: An agenda for the new RBI governor

Three things need Patel's attention: cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services




business and finance

A V Rajwade: Challenges before Urjit Patel

Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor




business and finance

Nitin Desai: On inflation targeting

It is just one element of the new architecture of macroeconomic policy. Much more is required to shore up the economy




business and finance

A V Rajwade: Overselling neoliberalism

Income inequality and reduced growth apart, it leads to volatile exchange rate, which hampers trade and therefore growth




business and finance

Jaimini Bhagwati: Central bank's autonomy and accountability

There should be greater transparency about a central bank's role in regulating banks in India and elsewhere




business and finance

Bhargavi Zaveri & Radhika Pandey: Completing the loop on FPIs in bond market

Recommendations about foreign investment are belated but welcome. The regulator must now complement them with a clean-up of the complex regulatory edifice that is vulnerable to frequent ad-hoc changes




business and finance

A V Rajwade: A banking crisis in the euro zone?

While banks are better capitalised than they were five years back, they could face a shortage of capital, and many have failed the stress tests standard




business and finance

Shyamal Majumdar: Driverless cars?

Despite leadership vacuum, state-run banks are slow in lateral recruitments




business and finance

Ajay Srinivasan: Are negative interest rates the new normal?

Central banks can set rates low enough to stimulate an economy in recession, and raise them once a recovery gets underway




business and finance

Kenneth Rogoff: Is the US Fed playing politics?

Central bankers have of course been known to help incumbents before elections, by allowing inflation to drift up and keep employment booming




business and finance

Subir Roy: Why merge public sector banks?

Merger is about the only solution that the government seems to be capable of thinking up in seeking to get the PSBs into some degree of health




business and finance

Anubhuti Sahay: More rate cuts seem likely

So, the key question is has the rate-cutting cycle come to an end in India. We think so




business and finance

Market may be heading for a bear phase; short-term trend clearly negative

The rupee has lost ground since pre-Budget, against three major hard currencies (yen, dollar and euro). The European Central Bank and the Bank of Japan maintained status quo in recent policy meetings




business and finance

Six stocks to buy in an uncertain environment of protectionism and fraud

A slew of government reforms, visible earnings growth in these companies make their stocks good picks even today. Find out which they are




business and finance

COVID-19: Indian team among 3 chosen for IBM's Call for Code challenge

Call for Code is a global initiative for developers to solve pressing global problems with sustainable software solutions. While the focus of this year's competition was on addressing climate change, IBM decided to add tech solutions for addressing the COVID-19 crisis as well.




business and finance

Aarogya Setu absolutely robust app in terms of privacy protection, security of data: Ravi Shankar Prasad

Rejecting charges by the opposition that the Aarogya Setu application breaches privacy, Union IT Minister Ravi Shankar Prasad has asserted that the platform is "absolutely robust, safe and secure" in terms of privacy protection and data security.




business and finance

Health ministry launches Aarogya Setu IVRS facility for those without smartphones

The health ministry has urged the citizens to download the mobile application, saying it will enable them to assess the risk of catching the novel coronavirus infection which has claimed 1,694 lives and infected 49,391 people across the country so far.




business and finance

Aarogya Setu not hacked: Government officials

"There has been no sort of hacking or breach of privacy in the Aarogya Setu. The allegations are based on amateur attempts by changing location & data correlation to portray it as hacking. The app would have shown similar data to anyone at a particular location," senior government officials said.




business and finance

Rights group IFF moves PMO, MHA against mandatory app download

The Noida administration, on May 3, issued an order under Section 144 of the Code of Criminal Procedure, mandating those residing or entering Noida to install Aarogya Setu, failing which they would be criminally prosecuted under Section 188 of the Indian Penal Code.




business and finance

Sudhir Krishnaswamy, ex-PM of Denmark among members of Facebook's Oversight Board, can override Mark Zuckerberg

Brent Harris, Facebook’s director of governance and global affairs had stated in January that the company has been laying the groundwork for a new independent organisation, the Oversight Board, to review cases and make binding content decisions.




business and finance

KN Govindacharya sends legal notice to govt on Aarogya Setu privacy concern

The Aarogya Setu app, which has been downloaded by around 90 million people, has been made mandatory for government as well as private sector employees and for people residing in containment zones – a localised area that has reported a positive case of Covid-19 infection.




business and finance

Oversight Board will take on hardest and the most disputed cases: Brent Harris, Facebook

The board, which will have its own website, is housed under a trust, which the social media giant says is independent of Facebook and is endowed with $130 million.




business and finance

COVID-19: Amazon to deliver essential items in containment zones in Mumbai

Under the initiative, Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers will further deliver the packages to customers' doorstep, the company said in a statement.




business and finance

India’s diversity makes content moderation tough

India had 504 million active internet users – who logged onto the Web at least once in the last one month – at the end of November 2019, according to a recent report by the Internet and Mobile Association of India (IAMAI).




business and finance

Unacademy information on sale on the darkweb

According to Cyble, the database including usernames, emails and passwords was up for sale on May 3 for $2,000.




business and finance

Internet India Foundation moves IT panel on data privacy in Aarogya Setu app

IIF urged that the hearing should specially involve medical health professionals, academics from IITs and digital rights and public policy experts to provide inputs.