b

Edible oil imports down 34% in April due to logistics issues during lockdown

The edible oils import declined by 34% to 7,90,377 tonne during April, mainly due to logistics related issues during the lockdown, industry body Solvent Extractors Association of India (SEA) said on Wednesday.




b

Analyst Corner: VBL – retain ‘buy’; may stay range-bound in near term

Varun Beverages (VBL) reported a strong growth in volumes, Ebitda and earnings during Q1CY20. This was, however, led by the acquired territories of south & west not there in the base.




b

New benchmark bonds likely to see coupon below 6%, say experts

A Barclays report estimates that the central government’s revenue benefit from the additional hikes in fuel taxes could be as much as Rs 1.4 lakh crore on an annual basis.




b

Analyst Corner: SBI Life – upgrade to ‘buy’ with fair value of Rs 1,000

SBI’s focus on the insurance business during a challenging year and SBI Life’s technology push to improve digital agent and client engagements remain crucial.




b

Indices end lower; bank stocks suffer

Nifty50 has seen a correction of 6.2% since the start of May after witnessing a strong pullback rally throughout March.




b

Analyst Corner: Property sector – initiate ‘buy’; Godrej Properties top pick

The bright spot in the Indian real estate market viz leasing is likely to see an abrupt end to its rental uptick cycle.




b

Analyst Corner: Maintain ‘buy’ on Kansai Nerolac; FV reduced to Rs 450

Lifting of the lockdown would release pent-up demand from incomplete repainting projects but we do not expect much new repainting work (especially in urban markets), nor a pick-up in fresh painting (construction activity).




b

Steps taken by Sebi deepened debt markets, says Amfi

Since Franklin Templeton Mutual Fund closed six debt schemes on April 23, there has been a rush by the investors to redeem the money from several categories of debt schemes like credit risk funds and low duration funds.




b

New jobs: Choosing a stock market as a career

As a stock market is one of the key barometers that represent the health of any economy, the growth story of India coupled with the current low rate of penetration in the stock markets suggests that there will be increased demand for professionals in this sector.



  • Jobs and Education

b

Connected future: Digital to spearhead India’s $5 trillion economy ambition

Digital technologies have the potential to create $1 trillion economic value, says EY




b

Cyberattacks get a new dimension: Political and economic intentions of cybercriminals

Threat trends show political and economic intentions of cybercriminals.




b

Home-work effect: Mobile data consumption jumps 25%, video crosses 60%

The telcos have also said the government should direct video streaming platforms  to offer only standard definition (SD) and not high definition (HD) content for the time being so as not to choke the bandwidth.  




b

Power, coal, renewable energy exempted from lockdown

The daily power demand in the country has fallen by a sharp 21% since March 16 with electricity requirement on March 25 being only 2,777 million units (MU), as most parts of the country is under shutdown.




b

Delivery roadblocks: E-commerce players grapple with increased demand and more

Retail experts estimate that the current situation might wipe off 10% of e-commerce companies’ annual GMV in the country.




b

Remote Working: Working from home brings a whole new dimension to cybersecurity

There are dozens of ways to access networks and today, remote offices are common.




b

India is a dynamic market with a fluid media scene: Nick Emery, Global CEO, Mindshare

Mindshare and GroupM have implemented their own tools that are better than the industry standards, and we use our own competitive advantage to give our clients better insights than they could get through an industry model.




b

Containing Covid-19: Nasscom CoE incubated startups show their mettle

While DronaMaps is helping map Covid-19 patients in Haryana and other states, Blinkin has provided remote tech support for installing air ventilation systems in two Wuhan hospitals




b

Safety Matters: A look at some offbeat group video calling apps that score well on privacy

App Annie’s latest report highlights that Zoom is the most downloaded app on iOS amongst all users. But it has also put focus on privacy and security.




b

Coronavirus Impact: How broadcasters are dealing with content shortfall

From playing the reruns of popular shows to using video conferencing tools to create content, broadcasters are using different methods to keep the audience entertained during lockdown




b

Icra highlights exports uncertainty in Basmati business due to Covid-19

Going forward, price trends would be a function of demand. Both domestic and exports demand will be key determining factors affecting price trends.




b

Trai pulls up mobile operators over extension of validity

Trai on March 29 had asked all the telecom operators to extend the validity of talk-time of their pre-paid subscribers so that they continue to get uninterrupted services.




b

Curbing fake news: WhatsApp sets limit to forwarded messages

The Facebook-owned company explained that its previous exercise of limiting a forwarded message to five chats led to a 25% reduction in message forwards globally at the time.




b

Business & COVID-19: Public cloud to the rescue

This is the most crucial time to leverage the power of exponential technologies, especially cloud. Any organisation that is still in two-minds about moving to the cloud; needs to embark on a cloud adoption process immediately.




b

CSIR-CCMB developing digital platform to help in surveillance of coronavirus spread

CCMB and Institute of Genomics and Integrative Biology (IGIB), New Delhi are working together on the whole genome sequencing of the SARS-CoV-2 virus isolates which will help them to understand the evolution of the virus and its spread route.




b

IT jobs during Covid-19 times

Sectors such as healthcare, pharmaceuticals, grocery and warehouses would call for additional talent with new skill-sets.




b

How Edge computing is fast becoming a base for most IoT devices

Edge computing is the way forward, but are we ready to surrender control to corporations.




b

Interview: Covid-19 pandemic will accelerate digitalisation, says Anjali Bansal, founder, Avaana Capital

Startups must maintain their financial health by conserving cash, cutting down on costs and renegotiating their existing contracts.




b

Agri-tech: Harvesting benefits of tech at the mandi

Private e-mandis, farm-to-fork startups and location tracking & geo-fencing tech platforms are helping farmers sell their produce amidst the lockdown.




b

Netflix sees ‘big growth’ in India as subscribers binge on local content

According to data released by market research firm Kalagato, user engagement on Netflix shot up to as much as 80 minutes a day as of March 28 from a little under 50 minutes on February 5.




b

Revenue, profitability of private hospitals to be hit in short-term: Icra

The ratings agency explained that private sector is dominated by small doctor-run facilities in terms of number of facilities and number of beds.




b

BSNL tender faces delay over complaint on procurement norms

As per the tender, a bidder should have a minimum turnover of Rs 8,000 crore each in the last two years (2017-18 and 2018-19 in case of financial year and 2017 and 2018 in case of calendar year.




b

MSME trade body pegs loss to sector at Rs 40,000-crore per day

AIMO has requested the government to look at protecting the elders and senior citizens of the country and allow the working class to return to their livelihoods, by introducing a citizen risk assessment module.




b

$4.7-m deal with Swiss firm: SC sets aside arbitration award against Nafed

Nafed, a canalizing agency for the GoI, and Alimenta had entered into a contract for supply of 5,000 tonne Indian groundnut during1979-80.




b

Wi-Fi calling: Work for home clicks with fixed broadband sector, says Crisil

Internet Service Providers Association of India (ISPAI) said this was a good opportunity for the sector. The association also raised its long-standing demand of allowing active infrastructure sharing to include internet service provider (ISP) players, which is available to all other licences.




b

Restaurants’ body launches scheme to support members, their employees

The virtual cash can be used within six months from the purchase date, with limitless purchases and no minimum expenditure amount, blackout dates or redemption conditions.




b

New kids on the block: These mobiles will hit the stores soon

The Nokia 5310 remixes classic design with a slick new feel and battery that’s built to last, keeping you connected day after day.




b

Indian rupee falls 31 paise against US dollar at the Interbank Foreign Exchange

The Indian rupee weakened by 31 paise to 62.64 against the US dollar today at the Interbank Foreign Exchange on month-end demand for the...




b

Mobile gaming to jump four-fold by 2019: KPMG

With the rising smartphone and tablet penetration, the mobile gaming industry is expected to touch Rs 2,620 crore by 2019, with a year-on-year growth of 20 per cent...




b

BSE Sensex falls 214 pts to near 4 month low; NSE Nifty below 8,200

BSE Sensex slipped by 214 points to end at 27,011.31, while NSE Nifty ended below the 8,200-mark.




b

Sensex tanks 722 pts to close at 26,717; Salman Khan conviction, GST fears, others blamed

BSE Sensex tanked 723 pts, its second biggest single day fall since Narendra Modi govt took over; Salman Khan, GST, others field the blame.




b

WCD, ebay partner for online platform for women entrepreneurs

Women entrepreneurs will soon be able to market their products globally using an accessible online platform to be created by the Women and Child Development Ministry in collaboration with ebay.




b

Jefferies puts ‘Hold’ rating on Strides Arcolab with Rs 1300 target price

Under the scheme, Strides shareholders will get 1 share of SSL for every 6 shares of Strides while Sequent shareholders will get 1 share of SSL for 25 shares of Sequent.




b

NRI BR Shetty to invest Rs 1000 cr to produce India’s biggest-ever movie ‘The Mahabharata’

The promoters of the movie claim that it would be the costliest Indian movie and made in Hollywood style with technicians sourced globally.




b

Relief for celebrities, guidelines to check veracity of ad claims now possible; Srinivasan Swamy, Chairman, ASCI explains how

Advertising Standards Council of India (ASCI) recently announced a set of guidelines that will help celebrities to perform due diligence on a product or brand they wish to endorse.




b

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.




b

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.




b

Yes Bank MD & CEO Rana Kapoor: Hope CASA ratio to touch 40% in next 4 quarters

Yes Bank has seen a 30.2% increase in its net profit for the March quarter, due to strong growth in advances and growth in low-cost CASA deposits.




b

IndusInd Bank MD & CEO Romesh Sobti: We don’t rule out acquisitions

Refusing to clear the air on the buzz around the bank acquiring a microfinance lender, Sobti said the bank’s microfinance portfolio will grow to Rs 10,000 crore from Rs 3,000 crore over the next three years.




b

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.




b

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.