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Largest Tech FDI: Facebook buys 9.9% stake in Reliance Jio for Rs 43,574 crore

According to Credit Suisse, Facebook's investment will accelerate Jio's digital monetisation drive wherein RIL transferred Rs 1.08 lakh crore of debt from Jio to Jio Platforms.




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Why Reliance Jio won’t be able to offer discounted services to its users – Explained

Other telcos may face the heat in the long term by the nature of partnership which over time may see their high-end subscribers moving on to Jio's network just by the brand pull of WhatsApp.




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Oyo cuts salary, sends employees on leave

Oyo’s consolidated losses increased to $335 million in the year to March 2019 from $52 million in FY18 as expansion into international markets, including key market China entailed heavy costs.




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Contingency Mechanism: Vodafone Idea gets Rs 1,530 crore from Vodafone Plc

As reported earlier, Vodafone Idea on Tuesday paid around Rs 1,367 crore to the department of telecommunications (DoT) towards its licence fee and spectrum usage charge for the January-March quarter.




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Modi Cabinet approves new Ordinance: 7-year jail for attack on health workers

In view of the mounting attacks amid the Coronavirus outbreak, the IMA had been demanding that the government formulate a law to protect health workers.




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Tracking Covid: City-wise mortality worrying

Part of the explanation can be higher co-morbidity in certain cities and also a shortage of critical equipment like ventilators.




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Falling crude: State-run OMCs may report Q4 inventory loss of Rs 33,000 crore

As retail prices of petroleum products are mapped with international rates, the steep fall of global crude prices in Q4FY20 meant that by the time refiners sold their products after processing crude, retail rates had fallen.




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Govt’s wish: IndiGo rolls back April pay cut for most staff

One reason for it could be that IndiGo, with its free cash of over Rs 9,400 crore as on December 31, is in a better position than most peers to tide over the crisis.




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Unilever withdraws 2020 guidance: Hindustan Unilever may get hit too

Unilever had expected demand to pick up across its markets in H2 of 2020 with a growth of 3%. The company had lowered its guidance for 2020 in December 2019 and now its long-term guidance band for the current year too stands suspended.




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DA increases frozen till July 2021; Centre, states to save at least Rs 80,000 crore in FY21

Currently there are about 48.34 lakh central government employees and 65.26 lakh pensioners. The DA/DR increases are in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.




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Coronavirus outbreak: Total lockdown in Chennai, 4 other Tamil Nadu cities from Sunday

The stricter lockdown measures in select cities are in the wake of increasing number of Covid-19 cases in the state, especially in the urban areas.




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COVID-19 lockdown: Most export units yet to restart, lack of SOPs in states a hurdle

Even some of the food processing companies have reported that they are not getting the raw material as village panchayats were not allowing anyone to enter to procure such raw materials.




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Franklin Templeton debacle to hit investors very hard

The regulator had also observed that mutual funds should not depend totally on credit rating agencies but should do their own assessments.




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Fixed-term employment: House panel for defining job tenures, adding safeguards

FTE workers/employees are entitled for all the benefits (except retrenchment compensation as termination of service as a result of completion of the tenure of FTE would not be considered as retrenchment) which are available to permanent employees.




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Stocks for just a week: Only 3 lakh RNA extraction kits left

The Group of Ministers (GoM), headed by health minister Harsh Vardhan, met to review the preparations and deliberate on the way ahead.




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Bureaucratic rejig: Tarun Bajaj to be new economic affairs secretary

The appointment of Bajaj comes at a time when the economy has been facing an unprecedented crisis due to the Covid-19 outbreak, and is expected to grow at just 1.9% in FY21, according to an IMF estimate, or even lower.




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Crude crash: Oil reserves get a leg-up since March, yet import bill shrinks in FY20

Meanwhile, domestic consumption of petroleum products in FY20 remained flat at 213.7 MT as sales of transportation fuels plummeted in March amid the country-wide lockdown.




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COVID fight: Tax super rich, say IRS officials

Among other measures, the report suggests that inheritance tax, which was abolished in 1985, should be brought back as this would reduce concentration of wealth, widen tax base and enhance revenue.




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Big boost: No cut in states’ tax share till January

Centre to stick to convention, transfer 70% of budgeted FY21 tax share of states in 10 months




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Kerala Model: Weekend mobile, TV shops thrive but supply a constraint

The concern is genuine as new hotspots are emerging in districts like Idukki and Kottayam that were earlier in the green zone and considered safe.




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Govt working on Aarogya Setu App for feature phones

Further, the app will also have added features like the e-pass for movement during the restrictions imposed by the government to fight the pandemic.




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AIF Plan: Only a fifth of Rs 5,000 crore earmarked disbursed so far due to COVID-19 curbs

According to a recent industry estimate, as many as 4.58 lakh housing units were facing delayed delivery across 1,509 stalled projects.




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India’s only UV lamp makers flooded with orders amid Coronavirus outbreak

Hospitals were not keen earlier and considered using UV lamps in the HVAC systems only because there was a 10-15% savings in the electricity bill and not because it improved air quality and killed microbes, Kulkarni said.




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SC rejects Rs 4,761 crore tax refund to Vodafone, telco to get only Rs 733 crore

Tax experts said that in case Vodafone Idea is dissatisfied with the final scrutiny it can challenge the order but it would have to go through all the regular channels by first appealing in the income tax tribunal and then upwards.




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Corona Impact: Electronics exports dip, fall may deepen in FY21

Industry executives say the slump in electronics could only deepen in the first quarter of this fiscal, mainly due to the lockdown, and further accelerate a slide in the overall merchandise exports.




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Third-day rally: Markets maintain forward march

Interestingly, foreign portfolio investors (FPI), who were big sellers in March pulling out more than $8 billion, and have offloaded shares for most of April, turned buyers picking up some $50 million worth of stocks.




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Lockdown relaxation: Let inter-state trucks move freely without passes, MHA tells states

“This is essential for maintaining the supply chain of goods and services across the country during the lockdown period,” Union home secretary Ajay Bhalla reiterated in a letter to state chief secretaries.




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Lockdown relaxation: Special trains ferry stranded migrants, students

To ensure safety, passengers would be screened by the sending states and only those found asymptomatic would be allowed to travel. Sending state governments will have to bring these persons in batches that can be accommodated in the train to the designated railway station in sanitised buses following social distancing norms and other precautions.




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Lockdown effect: No rules of social distancing apply here

Social media use surges; average time spent on platforms like Facebook and Instagram up by over 60%.




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Smartphones, Indian consumers to have a tepid love affair this year

Smartphone shipments set to decline 5-10% Y-o-Y in 2020; feature phones by 35-40%




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Online Express Adda: Key Covid strategist, AIIMS chief Guleria is guest today

The Indian Express will host its second online Express Adda with Dr Guleria, also internationally renowned pulmonologist, on Monday, May 4.




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Highest mortality, low testing: Central team’s note to Bengal as it leaves state

While praising the state on some counts, including increasing daily testing from 400 to 2,410 per day between April 20 and May 2, it also flagged the non-cooperation of the state bureaucracy.




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Tracking covid: Rate of doubling of cases rising sharply

A state-wise comparison shows that the states with the highest cases like Delhi, Maharashtra and Gujarat still seem to be doubling every 10 days.




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COVID in Mumbai: Maximum city, minimum cover

While Maharashtra appears to be adequately equipped to handle the crisis, the report makes it clear the problem is that while the capacity is evenly spread across the state, the infection is mostly centred in Mumbai.




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Economic Relief Package 2.0 soon, possible to raise $60 billion by listing govt bonds overseas: CEA KV Subramanian

In an interview to India Today channel, the CEA said: “About $4 trillion of money tracks these (global) bond indices. India is expected to get a weight of around 1.5-3%. Even if you take 1.5%, that translates into $60 billion.”





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How to share your SAS knowledge with your professional network

SAS Global Forum 2020 is not the conference experience we thought it would be. Thousands of us had planned to gather in person to share our enthusiasm and knowledge about SAS and power of data and analytics. We were going to combine our skills and knowledge to inspire one another [...]

The post How to share your SAS knowledge with your professional network appeared first on The SAS Dummy.




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Frequently asked questions related to COVID-19 and SAS customer support

COVID-19 is truly a global health issue affecting everyone and causing concern for you, our customers. As we all continue to navigate the uncertainty of this outbreak, SAS is committed to supporting your business as a valued partner and will ensure continuity of service. We created this guide to address [...]

Frequently asked questions related to COVID-19 and SAS customer support was published on SAS Users.




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Tips and resources for making the most of your SAS experience

Let’s be honest, there is a lot of SAS content available on the web. Sometimes it gets difficult to navigate through everything to find what you need, especially if you are looking for complimentary resources. Training budgets can be limited or already used for the year, but you’re still interested [...]

Tips and resources for making the most of your SAS experience was published on SAS Users.




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Extending Excel with Python and SAS Viya

Whether you like it or not, Microsoft Excel is still a big hit in the data analysis world. From small to big customers, we still see fit for daily routines such as filtering, generating plots, calculating items on ad-hoc analysis or even running statistical models. Whenever I talk to customers, [...]

Extending Excel with Python and SAS Viya was published on SAS Users.




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Working remotely? A list of 5 ways to spend your down time

As many of us are learning to navigate the changing world we are living in amid the COVID-19 outbreak, and as we care for our loved ones, friends, and our community, many of us now find ourselves working and studying from home much more than we did before. As an [...]

Working remotely? A list of 5 ways to spend your down time was published on SAS Users.




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Using common filters in SAS Visual Analytics

Common filters are filters that can be shared between objects in your reports. Common filter benefits include 1) Easy to assign the same filter conditions to other report objects, 2) When you edit a common filter, it is updated everywhere that the common filter is used, and 3) A common filter is available for the entire report, across pages.

Using common filters in SAS Visual Analytics was published on SAS Users.




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Getting Started with Python Integration to SAS® Viya® - Part 1 - Making a Connection

Welcome to the first post for the Getting Started with Python Integration to SAS Viya series! With the popularity of the Python programming language for data analysis and SAS Viya's ability to integrate with Python, I thought, why not create tutorials for users integrating the two? To begin the series [...]

Getting Started with Python Integration to SAS® Viya® - Part 1 - Making a Connection was published on SAS Users.




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Continuous Integration/Continuous Delivery – Using Python and REST APIs for SAS Visual Analytics reports

With increasing interest in Continuous Integration/Continuous Delivery (CI/CD), many SAS Users want to know what can be done for Visual Analytics reports. In this article, I will explain how to use Python and SAS Viya REST APIs to extract a report from a SAS Viya environment and import it into another environment.

Continuous Integration/Continuous Delivery – Using Python and REST APIs for SAS Visual Analytics reports was published on SAS Users.





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Cryptocurrency: Maybe It Isn't So Cool Any More

Crypto may not work long-term as a currency, thanks to volatility and fraud concern issues. But the blockchain technology on which it relies might be here to stay




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How To Use Time Series Data in Advanced Analytics: Analytics Corner

For beginners, how marketers can learn to create advanced data models from time series data




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Creating a Marketing Mix Model for a Better Marketing Budget: Analytics Corner

Using R programming, marketers can create a marketing mix model to determine how sustainable their audience channels are, and make better ad spend decisions. Here's how




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Session-Replay Analytics Could Be a GDPR Quagmire

Here's a new angle on GDPR, likely one of many angles people haven't yet considered: Does web session recording count as collecting PII?




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GDPR Day: As Crazy as You'd Expect

Let's all panic, like we didn't know GDPR was ever really going to happen!!!