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EGov: Panasonic eyes projects under Smart Cities mission in Guwahati, Jabalpur

The Japanese electronics firm has bagged city surveillance projects in Bhopal and Ludhiana. It is now eyeing projects under Smart Cities mission in Guwahati and Jabalpur.




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If Digital India is successful, rural Indians may well beat their urban counterparts online

If Digital India delivers on its promise, rural Indians are likely to outnumber urban Indians online.




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Amazon India’s Amit Agarwal: Have seen reduction in cash-on-delivery after demonetisation

We don't really drive our strategy based on what's happening around. Our approach is to give maximum return on investments to our sellers




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Samsung launches Galaxy S8 at Rs 57,900

The latest launch by Samsung will compete with Apple's iPhone as well as products from Sony, LG and Asus.




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Asset allocation: Looking to book profits in equity now? Here’s why you should shift to short term bond funds

It has been proven that portfolio allocation leads to long-term optimum results on investments. Awareness among investors is gradually increasing on the imperative of allocation.




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Expect terminal growth of 6% for PNB Housing Fin

The Q4FY17 PAT was Rs 150 crore (47% y-o-y), 9% below our estimate. PPOP was 2% below estimate driven by lower NII, offset partially by lower costs.




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Marathon Nextgen Realty to buy back Rs 149-cr shares

The offer at `275 per share is 17.6% less than its closing price of `334 on Monday.




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As promoters fail to infuse capital, recast loans of Rs 50,000 cr fail at CDR cell in FY12

Aggregate recast loans worth around Rs 50,000 crore (Rs 49,332 crore) failed at the corporate debt restructuring (CDR) cell in FY17, taking total failures since the inception of the cell in 2001 to Rs 1.37 lakh crore.




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Ransomware: Banks better prepared to deal with Wannacry-like threats, says SBI Dy MD & CIO Mrutyunjay Mahapatra

Interview: Mrutyunjay Mahapatra, deputy MD and chief information officer, State Bank of India.




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Manpasand Beverages stock gets ‘Reduce’ rating from Kotak, TP at Rs 700 after reporting healthy quarter

Manpasand reported a healthy quarter overall albeit EBITDA/PAT were below our estimates. Overall, FY2017 was broadly in line with company guidance at start of the year and both Mango Sip and Fruits Up posted robust growth.




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SBI may issue perpetual bonds to raise around Rs 2,500 crore

State Bank of India (SBI), may approach the debt market to issue additional tier-1 bonds or perpetual bonds, according to sources in the bond market.




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Stressed asset purchases likely to pick up in next few months, say senior Kotak Mahindra Bank officials

Kotak Mahindra Bank on Thursday reported a surge in its first quarter net profit while maintaining the asset quality.




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For Bharat Financial, what is key to growth? BofA Merrill Lynch explains key points

Bharat Road Network, a road and highways BOT company, has priced its initial public offering (IPO), aimed at raising Rs 600 crore, in a price band of Rs 195-205.




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As customers demands turn challenging, here is how Maruti Suzuki is looking to stay ahead

The new dealerships will be known as ARENA and will be well equipped digitally to cater to the demand of the tech savvy customers.




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Credit Suisse arm invests in Sapience Analytics

Credit Suisse Asset Management's NEXT Investors has invested an undisclosed amount in Indian software product company Sapience Analytics.




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Development of engineering exports segment dampening actual steel use

On a similar note, India is trying hard to develop indigenous capacity (Make in India) for machineries and equipment required for, say, new steel capacity augmentation. Otherwise, the large scale of imports of capital goods in the form of machines and equipment for steel plants would have to continue by spending huge foreign exchange and make India import dependent.




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Oil market should reach balance between supply and demand in Q1: UAE energy minister

Opec, Russia and other non-Opec producers — an alliance known as Opec+ —agreed to reduce supply by 1.2 million bpd from January 1.




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Kerala’s ‘Kole’ paddy fields must be used as prawn farms: MPEDA

Such an initiative will work effectively in the coastal state that is endowed with water bodies and enjoys high domestic demand for prawns, MPEDA chairman KS Srinivas noted here at ASCEND Kerala 2019 meet, which aims to showcase Kerala as a top-notch investment destination.




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DLF improves performance in Q3, analysts maintain ‘Buy’ with revised target price of Rs 216

Management continues to focus on liquidating Rs 12,300-crore inventory and scaling up the rental portfolio (DCCDL). We maintain earnings estimates for the erstwhile merged entity (despite demerger of DCCDL) awaiting greater clarity on adjustments/reconciliation between DLF and DCCDL numbers (post-demerger).




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Analyst Corner: Valuations of AIA Engineering will remain rich – IDFC Securities

The production is based on orders received from the customers and hence management is confident that sales despatches would pick up over the next 2-3 quarters, driving an uptick in sales and normalised inventories.




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Analyst corner: ‘Add’ on Thermax with a target price of Rs 1,333

Overseas subsidiary performance is expected to turn around which coupled with gradual improvement in domestic margins will enable improvement in the overall margins.




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Analyst corner: Buy Apollo Hospitals with June 2020E target of Rs 1,700

As APHS concludes its capex cycle and loss-making ventures breakeven, the stage is set for APHS to double Ebitda and reduce capex to one-third over FY19–21.




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Maharashtra targets to export 2,500 tonnes of Alphonso, Kesar mangoes

The board had been holding regular workshops with both farmers and buyers to encourage exports, he said, adding that the board had taken huge efforts to ensure that more mango growers register their orchards with MangoNet.




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Analyst Corner| Vedanta — Maintain ‘Buy’ with target price of Rs 175

VEDL’s H2FY19 operating numbers were mixed. Key highlights, O&G production fell 2% due to natural decline at Mangla field, though gas volumes were better; production at Zn-India was lower due to geo-technical problems at RA mine and FY19 silver volumes missed 650-700t guidance.




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Analyst Corner| Jyothi Labs — Product launches to boost volume growth

Dishwashing has been one of fastest-growing categories for JYL and we expect strong growth to continue on account of market share gains and lower overall penetration in the category.




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SBI is geared to meet any additional demand for housing loans

The bank, which witnessed a spike in NPAs in its home loan portfolio post the merger of the associate banks, expects the NPA levels to dip with improvements in underwriting and recoveries.




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Banks’ net interest income to rise over 20% y-o-y in Q4: Analysts

Even as banks see a rise in core income and a drop in fresh bad loans, they may see a fall in non-interest income, with treasury income falling sharply on a sequential basis.




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Cotton association reduces crop estimates for 2018-19 to 315L bales

CAI’s current estimates for the North Zone, Madhya Pradesh, Telangana and Andhra Pradesh are lower by 1 lakh bales each compared to its previous month estimate.




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Promoters’ pledged shareholding falls to 2.83% in Jan-Mar: Kotak Institutional Equities report

Outstanding promoters’ pledged shares were Rs 1.95 lakh crore, which is about 1.38% of the total BSE-500 Index’s market capitalisation in March 2019.




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Rains put price pressure on Kerala’s banana, veggie exports

Banana accounts for as much as 60-65% of the green exports from Kerala and the rest are vegetables. Of the banana varieties, nenthran plantain leads the food preferences of Kerala’s 20 lakh diaspora families fanning out in the GCC countries.




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Govt, RBI done all that they could for NBFCs: SBI chief Rajnish Kumar

There is nothing further the government can do, Kumar said, adding that there is liquidity, partial credit enhancement and interest rates have moderated. Asked about the progress made in the resolution of stressed NBFC Dewan Housing Finance (DHFL), Kumar said: “That you should ask the company.”




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Easy loans: Banks to sanction retail loans through portal

Industry members claim that the turnaround time after loan sanctions through the portal has been long. In a meeting with finance minister Nirmala Sitharaman earlier this month, an industry association raised a complaint to this effect.




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Why digital OOH is the new frontier of marketing

A Nielson study has highlighted that OOH enjoys significant advantages over conventional forms of offline advertising




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How digital has revolutionised work from home

Digital allows to work from anywhere as long as there is a computer and a good internet connection -- half the battle is won




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One on One: Building Loyalty On Mobile With Jack Philbin, CEO, Vibes

What's up with Apple Wallet?




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Jamming the Marketing Hall of Femme

To fill your days with music between now and the Marketing Hall of Femme Summit & Awards on June 21, here's our HoF playlist




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One on One: Connecting Global Audiences With Lilian Leong, COO, 9GAG

No potato needed




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Safety first: Punish attacks on doctors, but also focus on dispelling Coronavirus fears

Traditionally, our response to laws failing to arrest healthcare violence has been to simply increase the quantum and severity of punishment the next time.




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Dial-A-Doctor: eSanjeevani portal for telemedicine a welcome move by govt

As more governments integrate the service—Himachal Pradesh was latest to do so, on April 21—one can expect traffic to increase.




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Post-pandemic economics: The new normal will not be very different from the old one

Idealist notions of the State overtaking the Market as the one in charge are unfounded.




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Arbitrary arbitration: Enforcing global awards is getting more complicated

“The export without permission would have violated the law, thus, enforcement of such award would be violative of the public policy of India”, the SC said.




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Institutional challenges to migrants’ welfare

Not only has the registration of migrant workers by states been unsatisfactory, but state welfare boards’ capacities to offer assistance also varies, hampering daily wage labourers’ access to social and food security during the crisis




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Modi and the CMs take the wrong call

Likely extension of the lockdown is a bad idea; the PM and the CMs got trapped in flattening-the-curve rhetoric




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Saving the rural economy: The govt will have to deepen its procurement operation

In the long term, the govt will have to deepen its procurement operations, expanding from the wheat-paddy complex.




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Breathing easy on ventilator quality

A good ventilator must be a high-precision product, a combination of top-class engineering efforts, optimum manufacturing capability, and robust financial backing.




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Spirit of federalism: Centre must allow states to resume liquor sales

This trend continues even for local governments, which come to rely more on state transfers to run the administration.




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Schools are functioning despite extraordinary challenges, no ground to deny them fees

However, the High Court rejected this invocation of Rule 165, ruling that the it specified only the payability conditions of fees, and not the chargeability of it.




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Fighting Corona: Look at local data, not a national curve

An RT-PCR test takes several hours for the result to be available. We cannot make a patient who comes with a non-Covid-19 problem wait till that result is available.




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COVID-19 pandemic: Reviving the aluminium industry to challenge China

The industry is the most apt for creating livelihoods. Govt should consider supporting SMEs in the sector through tariffs to prevent their collapse due to the pandemic




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Covid fallout: 265 million people likely to face acute food insecurity

Corona will worsen world hunger, while malnutrition facilitates increased vulnerability to the pandemic.