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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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Covered for 12 months of payments: Adani Enterprises

Adani Enterprises (AEL), the parent company for the group’s airports and renewable energy businesses, is covered for 12 months of payments amid the lockdown-related economic disruptions, the management said.




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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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Why your credit score may have dipped lately

The credit score algorithm now monitors your three-year credit history compared to the earlier two-year period. It also has new credit attributes along with other additional features.




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CERC reduces late payment surcharge for discoms

Additionally, the quantum of advance payment that discoms need to furnish as security has been reduced to half till June 30.




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Solar tariff of Rs 2.55 per unit discovered in latest auction

The auction had received a positive response from investors with NHPC receiving bids of 3,540 MW for the tender. This is a shift from the recent trend of tenders being under-subscribed.




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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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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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Manpasand Beverages stock gets ‘Reduce’ rating from Kotak, TP at Rs 700 after reporting healthy 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.




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Credit Suisse arm invests in Sapience Analytics

Credit Suisse Asset Management's NEXT Investors has invested an undisclosed amount in Indian software product company Sapience Analytics.




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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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Cotton association reduces crop estimates for 2018-19 to 315L bales

CAI’s current estimates for the North Zone, Madhya Pradesh, Telangana and Andhra Pradesh are lower by 1 lakh bales each compared to its previous month estimate.




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COVID-19’s costly trade-off: Unless lives are preserved, livelihoods become redundant

Coronavirus is ensuring the trade-off, especially for developing economies is significant, notwithstanding efforts to strike a balance




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Building a resilient India: COVID-19 crisis is an opportunity to redefine tax policy and law

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.




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COVID-19 lockdown: Stricter action required against violators of social distancing norms

Liquor-store crowds show the masses still don’t understand the importance of social distancing in fighting Covid-19




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Redmi 10X listed on Google Play Console with slightly lower specs than expected

After a few sporadic appearances in the rumor mill, the Redmi 10X moniker seemed to have slipped into obscurity once again over the past week or so. Unfortunately, it has no re-emerged in a Google Play Console listing, along with some specs details. The unfortunate part being that the company is, apparently, going to go through with the confusing "generation-skipping" naming for what is a mostly a re-branded Redmi Note 9 for the Chinese market. The source doesn't really offer much in the way of specs, but does specifically list a MediaTek Helio G70 chipset for the Redmi 10X. A...




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Flashback: Nokia's Touch and Type blurred the lines between smart and feature phones

The division between smartphones and feature phones has often been murky. In the past, it used to be about how well the device ran user-installed apps and games, these days it's mostly touch screen vs. keypad. But there always were devices that straddled the line between those two categories. Nokia X3-02 Touch and Type official photos Before Nokia released the no-quite-smartphone Asha phones, there were the two Touch and Type models. As we said, these phones tried to have it both ways. The Nokia X3-02 and C3-01 both came out in late 2010. What made them special was that...




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Weekly poll results: Xiaomi's Mi Note 10 Lite and Redmi Note 9 Pro get a warm welcome

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...




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India rolls out red carpet for hundreds of American firms that Washington wants out of China – report 

As trade tensions escalate between Washington and Beijing, India is boosting efforts to lure more than 1,000 US businesses out of China, reportedly offering to ease tax and labor laws, and allowing easier access to land.
Read Full Article at RT.com




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Cartoon: Sponsored Smart Replies

If this isn't real yet, surely it soon will be...




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Realme Narzo 10 will be powered by MediaTek Helio G80 SoC




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Is Personalized Content Just What the Doctor Ordered? [Infographic]

For most marketers, personalization is the cure for ineffective content.




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Migrant row: TMC dares Amit Shah to prove allegations, BJP says WB govt bothered about one community

The state BJP unit claimed the West Bengal government is only interested in bringing back people from a "particular community".




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Working capital loan sanctions doubled, banks contacted 95% eligible firms for credit: FM Sitharaman

Nirmala Sitharaman’s office on Thursday had tweeted that PSBs sanctioned loans worth Rs 5.66 lakh crore for over 41.81 lakh accounts in MSME, retail, agriculture and corporate sectors during March-April 2020.




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FM Nirmala Sitharaman to meet PSU bank chiefs on Monday; to review credit flow

The meeting, to be held via video-conferencing, will also take stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments, sources said.




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Retailers, architects, town planners, likely to be registered as MSMEs; govt to ‘examine’ request

Ease of Doing Business for MSMEs: Retailers, architects, town planners have suggested Nitin Gadkari to allow malls resume operations, e-commerce operations for non-essential items, relief in rentals for retailers, extend moratorium period to nine months and more.




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Emirates predicts 18-month lull in air demand

Gulf aviation giant Emirates said Sunday it would take at least 18 months for travel demand to return to "a semblance of normality", despite reporting bumper pre-pandemic profits.




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5 Migrant Workers Killed, 15 Injured As Truck Overturns In Madhya Pradesh

Five labourers died and 11 got injured after the truck they were travelling in overturned in Patha village in Narsinghpur on an intervening night of Saturday and Sunday.




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Vista Security Credentials Tarnished In Malware Survey





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Stuxnet-Like Attacks Beckon As 50 New SCADA Threats Discovered







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eBay Redirect Attack Puts Buyers' Credentials At Risk







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Security Research Exception To DMCA Considered





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Australia Seeks to Reduce Renewable Energy Target to ‘Real’ 20 Percent

Prime Minister Tony Abbott’s government will negotiate with the opposition to cut Australia’s renewable energy target and exempt industries such as aluminum and copper smelting.




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IEA World Forecast: Stresses on Energy System Must Not Be Ignored

The world’s decision-makers must not let current events distract them from recognizing and addressing the longer-term signs of stress that are emerging in the global energy system, the International Energy Agency (IEA) warned today at the launch of its annual World Energy Outlook 2014 report in London.




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Ten Clean Energy Stocks: Past Performance and Predictions for 2015

The last two months have not been kind to clean energy stocks. Most commentators attribute the weakness to declining oil prices and the Republicans' strong showing in the midterm elections.




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Some Hope for US Renewable Energy Tax Credits As Extension Bill Passes Committee

In a lopsided 23-3 vote, the U.S. Senate Finance Committee voted yesterday to extend a number of renewable energy production tax credits through the end of 2016. The vote allows developers of wind, geothermal, biomass, landfill gas, incremental hydroelectric, and ocean energy to take advantage of federal tax credits for projects begun before December 31, 2016.

Chief among big renewable winners was the wind energy industry, which received extensions to the Production Tax Credit (PTC) and the Investment Tax Credit (ITC). If passed, wind farms would qualify for a 2.3-cent-per-kilowatt-hour (kWh) credit through the end of 2016.




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Australia Seeks to Reduce Renewable Energy Target to ‘Real’ 20 Percent

Prime Minister Tony Abbott’s government will negotiate with the opposition to cut Australia’s renewable energy target and exempt industries such as aluminum and copper smelting.




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UNIFIL credits Lebanese forces with maintaining relative security

The Lebanese military is commended for its commitment to peace in light of its vast security obligations, a UNIFIL official said Wednesday.




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UK Discrimination Law Review: Shared parental leave: an update

On 1 December 2014 we are expecting legislation to come into force that will give effect to the new shared parental leave regime. The new regime will apply to employees in England, Scotland and Wales whose babies are due, or who will adopt a child, ...




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Uk Discrimination Law Review: Redundancy and reasonable adjustments

The Employment Appeals Tribunal (“EAT”) has recently given an interesting ruling on  redundancy selection which could open the door to more claims from disabled employees. Background <...




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Redundancy and Age Discrimination - the Tower Hamlets case

A recent Employment Appeal Tribunal decision (The Mayor and Burgess of the London Borough of Tower Hamlets v Mr J Wooster) has found a local authority liable for unfair dismissal and age discrimination where it made insufficient effort to redeploy a...




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Supreme Court verdict: Orji Kalu’s travails, political lesson to redouble tasks ahead – Ohanaeze

The Ohanaeze Ndigbo Youth Council Worldwide (OYC) has reacted to the Supreme Court’s nullification of the conviction of a former Governor of Abia State, Orji Uzor Kalu. Also nullified was the judgement against his firm, Slok Nigeria Limited and Jones Udeogu, a former Director of Finance and Account of Abia State Government. The apex court […]

Supreme Court verdict: Orji Kalu’s travails, political lesson to redouble tasks ahead – Ohanaeze