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Indian cotton prices under pressure due to lockdown and fears of drop in consumption: CAI

Indian cotton prices have come down by 12-15% due to the ongoing lockdown and fears that the country’s cotton consumption will reduce, resulting in more carry-forward stocks by September 2020, officials of the Cotton Association of India (CAI) said on Tuesday.




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With 4G tender facing hurdles, BSNL decides to upgrade existing 2G, 3G sites

With BSNL facing hurdles in its 4G tender for deployment of 50,000 new sites, the state-run firm has decided to upgrade existing 2G/3G sites, so that 4G services can be offered to customers in the coming four-six months.




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Calcutta HC division bench allows MP Birla Group firms to publish AGM results

Significantly, this was the latest twist in the long battle over the will of Late Priyamvada Devi Birla being fought between the Birla family and the Lodhas.




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Weak business performance, elevated debt levels to impact credit metrics of sugar industry

The Covid-19 pandemic is expected to exert downward pressure on the credit quality of sugar mills by eroding operating profitability and shoring up debt in fiscal 2021.




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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.




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Excluding Q1, paper sector will grow at around 6%: IPMA president

The Rs 75,000-crore paper industry, which has resumed production after relaxations were issued effective from April 15, may have a negative growth in the first quarter of this fiscal as demand lost in this lockdown cannot be compensated entirely.




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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.




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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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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.




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Onion auctions come to a halt at Lasalgaon as 3 test positive with COVID-19

Suvarna Jagtap, chairperson, Lasalgaon Agriculture Produce Market Committee (APMC), told FE that three cases of coronavirus were reported at Lasalgaon at a distance of 3 km from the main market yard.




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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.




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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).




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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

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

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




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How to diffuse intergenerational tensions

The millennials are accustomed to having things at the click of a mouse. Want to watch a movie? Access Netflix. Want to plan a holiday? Do so on Makemytrip. Want to shop? Buy almost anything under the sun, any time, on Amazon or Flipkart. Want beauty treatment? Call Urbanclap. Want a date? Simply swipe right!




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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.




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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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Analyst Corner: Maintain ‘neutral’ on Hero MotoCorp; TP at Rs 2,000

The near-term outlook is challenging amid economic stress across sectors due to the lockdown, which has added pain to the already weak demand environment and anomalies due to the BS VI transition.




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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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Work from home: Digital tools are helping evolve a new work culture

Google Hangout, Microsoft Teams, Webex and Zoom are enabling businesses to create a collaborative work environment.




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Now streaming, more than ever: Netflix, Amazon, others need to up their game

OTT platforms see a surge in consumption and subscriber count, as viewers seek fresh content.




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Covid-19 expected to mar FY21 for airlines

Passenger traffic for carriers is expected to register de-growth of 20-25% in FY21, CARE Ratings has said.




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A longer lockdown? Here is what researchers have to say

A study by two India-origin researchers at the University of Cambridge, is based on the SIR approach, but takes into account age and social contact structure to assess the impact of the lockdown and social distancing measures adopted before it.




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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.




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Airtel tops the chart on download speed: Opensignal report

Airtel emerged on the top in terms of latency experience with an average response time of 54.1 milliseconds, followed by Jio at 56.3 ms.




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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.




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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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Instagram Live: Make your ‘Live’ totally engaging

Instagram Live allows users to stream video to followers and engage with them in real time. Here are some cool tips to make your quarantine a little more interesting.




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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.




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Onsitego: Financial support matters too

This startup has launched a fund to support service partners affected by Covid-19.




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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 and highway sector: Take the highway to recovery

Easing financial burden, preventing project failures and protecting jobs are a must if sector’s to preserve its health.




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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.




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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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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.




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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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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.




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Amazon, Flipkart, other e-tailers allowed to sell non-essentials in orange, green zones

E-commerce firms have been urging the government to allow sale of non-essentials like smartphones, electronic and stationary items on the premise that access to the items have become necessary as Corporate India shifted to work from home while students moved to online classes.




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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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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.




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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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Together forever

Though the Cadbury Celebrations ad is a rendition of an old concept but it’s the characters and the storyline that make it appealing




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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...




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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.




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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.




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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.




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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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Moto G5 priced at Rs 11,999 makes good first impressions

Moto G5 makes a good first impression with its high-end features