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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.




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NSE readying its systems to handle crude-crash like crises

The National Stock Exchange (NSE) on Wednesday said it was working to equip its systems to handle crises such as that caused by the crash in crude prices.




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Icra downgrades long-term ratings on Edelweiss firms

The rating downgrade action took into account the increased stress in the wholesale portfolio, which could lead to a deterioration in the asset quality, and the consequent impact on the financial performance.




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Uttar Pradesh ushers in agri reforms, waives mandi tax for 46 fruits, veggies

This effectively eliminates the role of middlemen and allows farmers to sell their produce directly to consumers and traders outside the mandi yard.




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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.




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Art of winning: Management lessons from Delhi election

Team-building and customer-connect are more effective than tall agendas



  • Jobs and Education

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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.  




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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.




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The work-from-home experiment: What can students (future managers) learn from this?

Shashwati, a news analyst, is able to do research at home, but her effectiveness has dropped in the absence of the right infrastructure.




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How to work from home, explains Pradeep Chavda, HR director, Sodexo India

Making mindful choices might involve a bit more efforts, but it’s better than the hours spent running to work. Working from home, with right planning and efforts, can be as productive as working from office.




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Techsplained: How Alexa, Siri, Google listen you to provide search results

As IBM Watson has been able to achieve some scale, the company believes that by putting the NLP technology in commercial use it will be able to expand its capabilities much further.




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Moratorium on power charges: After Maharashtra, Uttar Pradesh to give relief to industrial consumers

The ongoing lockdown is seen to take a toll on the finances of the state-run discoms which are finding it difficult to continue meter reading exercises and collect payments from consumers. To make matters worse for discoms, their revenues are seen to decrease on account of lower usage by high paying consumers such as the railways, industrial and commercial users.




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Digital payments slide in March as consumption slows

At present, people are choosing to access cash through the BC channel rather than going to branches where they will come in contact with other people or to ATMs which are not being sanitised.




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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.




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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




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Indian Immunologicals, Griffith University of Australia developing vaccine against Covid-19

IIL is already working with Griffith University for conducting R&D of Zika virus vaccine which is currently at pre-clinical toxicology testing stage.




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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.




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Upgrade your skills: Making people AI-ready

Nasscom launches free learning programme to enhance AI skill-sets.




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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.




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Covid-19 could hardly dent the earnings of Darjeeling first flush

West Bengal chief minister Mamata Banerjee has allowed resuming operations in the gardens of Darjeeling, Doars and Terai with a workforce of 25%.




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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.




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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.




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How Google Meet helps keep your video conferences protected

Google Meet deploys a range of counter-abuse protection features, ensuring the safety of meetings.




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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.




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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.




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$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.




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Coal ministry’s 710 million tonne production target makes CIL stakeholders jittery

The ministry could have set a target of removing the huge burden and could have kept coal at exposed seams. As and when required coal could be extracted out of the seams.




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Extended validity: Incoming calls only for pre-paid, needy users

The Cellular Operators Association of India had said that the operators had incurred a cost of Rs 600 crore by such extension.




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Covid-19 lockdown: Trai to conduct discussions via video conferencing from May 6

The official also said as the social distancing norms will remain in effect in near future, it has to start conducting its discussions and other work online.




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Pune Metro project work resumes; deadline to start first 5 km stretch missed

Work on the Pune Metro comprising two lines of 32 km started in December 2016 and was to end in 2022. Commissioning of work on 10 km of Line 1 and Line 2 was to be done in the first half of 2020.




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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.




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After Adityanath, deputy CM Dinesh Sharma does a Kejriwal, pays surprise visit college in Lucknow

"Students say that they believe in giving exams without cheating" Sharma said.




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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.




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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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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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Reliance Jio impact: Idea Cellular reports poor March quarter, market-cap plunges Rs 2,326 cr

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.




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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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ACC stock gets rated ‘Buy’ by Edelweiss, says target price revised to Rs 1914

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.




de

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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India Vs Windies 2018: Kuldeep Yadav shines as India beat Windies in T20 opener

Kuldeep Yadav performed brilliantly in the first T20 against the Windies to ensure India registered a comfortable win over the visitors.




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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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Covering cotton yarn under MEIS will boost India’s exports: Textile industry body

To benefit the farmers with better price for raw cotton, the Centre shall also bring the cotton yarn under MEIS coverage, said the Confederation of Indian Textile Industry.




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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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Corporation Bank swings back in black as provisions decrease sharp 73 per cent

NII is the difference between interest earned and interest paid by a bank. The lender’s asset quality improved q-o-q with gross non-performing assets (NPA) of 17.36%, down 10 basis points over Q2FY19.




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HDFC Bank March advances rise 5%, deposits grow 17%

he bank said it has purchased loans aggregating Rs 19.24 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation, during the quarter ended March this year.




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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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IndusInd Bank prices maiden dollar bond at 185 bps over US Treasury yield

The initial price guidance stood at 210 bps over the US Treasury. The bank indicated that with 3.5 times over-subscription, the final price tightened by 25 bps.




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Gold rush: Jewellers make desperate bid to woo customers

Popley Group has launched a special edition of gold coins, which are being offered at cheaper rates, and is also selling luxury watches at a 25-50% discount.




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Branded bouquests blooming on the shelves of modern retail

The concept of modern malls in India has been slow in catching up with the trend of stocking flowers. The trade has been traditionally reserved for road-side vendors.  




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Sensex logs 5th straight loss amid earnings, trade woes

The investors sentiment was also dented by the weak results reported by some of the heavyweights; the Street chose to stay cautious ahead of results from other blue chips given the trend so far has been somewhat mixed.