Shares of Idea Cellular plunged 6.99 % on Monday closing the session at Rs 85.85 a share on the Bombay Stock Exchange (BSE) after the company on Saturday reported a poor set of numbers for the March 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.

Investors in ACC have reason to cheer as volume posted double digit growth in Q2CY17, up 10% y-o-y, after a gap of >5 years and is set for ~10% jump in CY17, on low base of ~9% dip in H2CY16.

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).

At the end of December 2018, Suuti held a 9.56% stake in Axis Bank. The OFS is part of the government’s move to meet its disinvestment target of Rs 80,000 crore for FY19.

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

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.

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.

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.

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.

The Indiabulls board has constituted a reorganisation committee headed by SS Mundra, independent director on the board of Indiabulls and former RBI deputy governor, to undertake necessary decisions in relation to the proposed merger.

India produces 6-7 million tonne raw cashew per annum, and was till recently the leading supplier of kernels to the global markets.

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.

Finance minister Nirmala Sitharaman in the FY20 Budget abolished MDR charges for all merchants having a turnover of over Rs 50 crore which would lead the payment companies taking a hit on their margins.

We note the stock price correction of 30% over the past four months offers an attractive entry price and we retain our 'Buy' rating with a DCF-based target price of Rs 400.

Taking a deeper dive into how CRM is changing, and how customer engagement or experience, and AI-powered automation, are two sides of the same coin

Tom Libretto of Pega discusses the rapid evolution from traditional CRM to a real-time customer-centric marketing and sales environment

A new look DMN is coming your way tomorrow. There will be bells to add and whistles to re-tune, but we hope you like the look

Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival

“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.

To bounce back from the pandemic quickly, India needs a stimulus package of at least 5% of GDP that focuses on broad-based development in laggard eastern states.

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

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.

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

Before tertiary infections take root, it could perhaps be a good to plan to decongest the slums by arranging travel of migrants to their home in orderly manner without losing time

The Covid 19 crisis is an opportunity to redefine tax policy and law. A calibrated approach to balance welfare economics with a vision to pioneer economic activity and national growth is needed.

India’s Achilles heel on ratings is its parlous state of fiscal affairs and the risk of a sharp deterioration of government debt to potentially ~75-80% of GDP.

Nearly 7,000 people have signed a change.org petition to open up courses in the UK as parks during the pandemic.

By Abhinav Mukerji Recently, there have been a spate of news reports on measures issued through executive orders directing waiver of rents, reduction or freezing of school fees, continuation of employment, restriction on termination of employees, and restriction on reduction in salary in the wake of the Covid-19 pandemic. The government has also issued executive […]

Covid-19 presents an opportunity for UGC to push for US SAT-style common entrance exam

With China’s decreasing importance in global supply chains, being a low risk indexed location will allow India to win in global manufacturing stakes.

NDCP 2018 is made-to-order for resolution of the challenges seen today in the environment. However, this superb policy—almost entirely—is awaiting implementation since more than a year. 

States should be allowed to issue ‘pandemic relief’ bonds, with the central bank being allowed to buy these bonds by printing money and monetising their debt.

After successfully topping our all-time battery life chart, with the 5,000 mAh pack inside the Realme 6i, which you can read more about here, the Chinese company apparently has its sight set even higher. A TUV certification filing for a particular BLP793 battery pack has now been brought to light. Mainly since its rated capacity is a whopping 6,000 mAh. Well, 5,860mAh, to be precise, with a typical capacity of 6,000 mAh. But, the point stands. Battery certification The jury is now out on which phone we can expect to see this pack in. That's more guess-work than anything else,...

The Xiaomi Mi Note 10 Lite attracted a lot of interest in last week's poll - the sentiment is positive, though some wish the price was lower. As it stands, it's quite close to the vanilla Mi Note 10 and some people are willing to pay extra to get not one but two telephoto cameras. More than half of voters are interested in the Lite model, though most of them will wait for a promotional price before pulling the trigger. Only 18% of voters think that the recently-discounted Mi Note 10 is a better buy. Whether you go with the Note 10 or Note 10 Lite, it's still a win for Xiaomi, of...

With more than 49,000 positive Coronavirus cases in India, rolling out a vaccine has become a key focus for Indian scientists and researchers.

Coronavirus COVID 19 vaccine news, latest update, human trials: Sanofi's Pasteur division has an established track record in influenza vaccines. Last month it had teamed with its British rival GSK to produce a vaccine candidate hoping that it will be ready in 2021.

In the age of social media, digital technology, IoT and 3D printers, it is difficult for a lot of people to understand the delays in creation of a vaccine for the new disease.

Fraud, privacy, and tracking the customer journey will continue to be key issues for marketers doing omnichannel.

Not to be outdone by their peers back at home, the Russian military pilots keeping jihadists in check in Syria have pulled off their own Victory Day parade – and there’s this amazing footage to prove it.
Read Full Article at RT.com

The welterweight battle between Vicente Luque and Niko Price was marked out by many as a potential Fight of the Night candidate at UFC 249 and it didn't disappoint, though it left one of the combatants with a horrific-looking eye.
Read Full Article at RT.com

United States President Donald Trump sent a message of congratulations to Dana White and the UFC for being the first major sports league to return to action following the Covid-19 shutdown.
Read Full Article at RT.com

US courts have been heavily relying on a 50-year-old legal loophole to shield cops from misconduct allegations, an investigation by Reuters claims. It allows officers to get off the hook even when their conduct is deemed unlawful.
Read Full Article at RT.com

More than 1,000 people queued up in Geneva to get free food parcels. The anti-coronavirus measures that have been in place since mid-March have taken a heavy toll on the country’s poor.
Read Full Article at RT.com

With Sales Accelerator, Del Monte can 'tweak the levers' during a campaign to boost reach and revenu

In 2013, three best friends followed their passion to build a clothing company. Their journey took them in a whole new direction

Poor data quality and integration can cause a marketing mess.

Even agri-exports as a share of GDP is fairly lower for India relative to the rest of the world despite being one of the largest producers of agri-commodities globally.

PM Modi said that the action should be taken for a more proactive approach to handhold the investors.