es

New kids on the block: These mobiles will hit the stores soon

The lockdown has stalled the rollout of the latest handsets. On the brighter side, popular brands will witness pent-up demand once the lockdown is lifted. Here are some of the smartphones slated to hit the market soon.




es

Spectrum dues: No corporate guarantee, need bank guarantee, DoT to Voda-Idea

The department of telecommunications (DoT) is understood to have turned down the offer of Vodafone Idea to furnish a corporate guarantee instead of a bank guarantee to cover its deferred spectrum installment for the current fiscal.




es

Amazon sees demand for electrical devices, clothes, work-from-home enablers after relaxation

Amazon on Monday said the company is seeing demand for various kinds of smart devices and other products like electrical appliances, clothes and work from home enablers in the orange and green zones.




es

Investors may need to take control of Zee Learn from promoters: IiAS

A proxy advisory firm has raised objections to the corporate governance structure at Zee Learn, part of the Essel group, expressing concerns over the company’s capital allocation decision, related-party transactions and acquisition of MT Educare.




es

COVID-19 woes: Marico net profit declines 3% in Q4

Consumer goods major Marico posted a 3% year-on-year (y-o-y) decline in net profit to Rs 204 crore for the quarter ended March 31, while the revenue from operations, at Rs 1,496 crore, declined 7% y-o-y.




es

Lockdown relaxation: Tirupur garment cluster to resume ops; units start getting queries from abroad

The Tamil Nadu government has announced relaxations allowing industries, particularly export units, to resume operations with standard operating procedure as suggested by the Union government.




es

Bhel’s Make in India push to its idle plants; invites global firms to use its manufacturing facilities

With an eye at coronavirus as an opportunity, to put its idle plants to work, state-run Bhel has offered its manufacturing facilities to be used by global manufacturing firms looking to shift base.




es

Cotton Corporation purchases record 7.5L bales from Gujarat growers

According to an official source, CCI had purchased more than 13 lakh bales in 2008 as that year too, cotton prices had nosedived due to the global recession.




es

Multiplex Association urges actors, producers to hold films for theatrical release

With theatres being shut since for over a month now, many small and mid-rung production houses are understood to be in talks with video over-the-top (OTT) platforms for direct-to-digital launch of their unreleased movies.




es

Covid-19: Over 200 companies in Pune industrial belt resume operations after curbs eased

Over 200 companies in Pune’s industrial belt of Chakan, Talegaon, Kurkumb, Baramati and Ranjangaon have resumed operations after restrictions were eased on Monday, even as the lockdown continues.




es

Covid-19 effect: No wages for Gujarat diamond workers during lockdown

Despite the Gujarat government’s order to pay salaries to workers during lockdown period, lakhs of diamond artisans in Surat have not been paid their wages by their employers, said Diamond Workers Union – Gujarat.




es

Ind-Ra places Shriram Transport Finance on Rating Watch Negative

India Ratings and Research (Ind-Ra) on Monday placed Shriram Transport Finance Company’s long-term issuer rating of ‘IND AA+’ on Rating Watch Negative (RWN).




es

Cash market volumes hit a high as intra-day trades surge

The surge came at a time when the Nifty and Sensex gained 14.4% and 14.6%, respectively. Market experts say this could have been driven by intra-day trading.




es

Lockdown relaxation: E-commerce firms see demand for non-essentials rise manifold

Consumer demand for non-essential products with e-commerce firms has increased manifold after the government last Friday lifted the ban on sale of such products by e-tailers.




es

Resumption blues post COVID-19 lockdown: Factories grapple with shortage of workers, supply chain hurdles

Hobbled by a shortage of workers, companies are finding it hard to resume operations at an optimal scale and with migrants moving back home, it could be a while before factories hum with activity.




es

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.




es

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.




es

S&P says Indian banks highly stressed, quotes Axis Bank Q4 results

It said Axis Bank identified that more than 10% of its customers (25% of its loan book by value) as on April 25 availed the payment moratorium.




es

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.




es

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.




es

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.




es

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.




es

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.




es

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.




es

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.




es

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.




es

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.




es

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.




es

ICICI Securities Q4 net profit up 28% y-o-y

With increased focus on other products like home loans, fixed income products, corporate bonds and deposits, insurance, AIF, PMS, SGBs and NPS, non-MF distribution revenue rose 13% y-o-y to Rs 54 crore.




es

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.




es

Networking forms the core of all future technologies: Jetking VP

And in this age of AL, ML and blockchain that are network-based technologies, networking has gained a lot of importance, says Siddarth Bharwani, VP, Brand & Marketing, Jetking Infotrain.




es

Art of winning: Management lessons from Delhi election

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



  • Jobs and Education

es

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.  




es

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.




es

Supply of essentials remains far from smooth

Grofers said the company’s warehouses are operational with 60% staff and to meet the surge in demand, the firm is hiring an additional 2,000 temporary warehouse and delivery staff across the country.




es

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.




es

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.




es

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.




es

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.




es

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.




es

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.




es

Sennheiser PXC 550-II headphones: Now travel with superior audio

The PXC 550-II Wireless features a triple microphone array that makes it easy to stay connected while on the move.




es

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.




es

Eavesdropper: Racing will hold its charm intact

E-sports is gaining ground, now is the time to bring tech innovations.




es

Covid-19 effect: Content production companies stare at large losses

OTT platforms do have a buffer in their libraries but delayed production schedules will hit revenues.




es

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.




es

IT jobs during Covid-19 times

Sectors such as healthcare, pharmaceuticals, grocery and warehouses would call for additional talent with new skill-sets.




es

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.




es

Shoot like a pro with these camera phones in range of Rs 10,000

Capturing a still image or recording a special moment is among the best ways to preserve a memory. However, to truly enjoy the experience, the quality of the digital image is paramount, and so, it is important to get yourself a device with an amazing camera.




es

Agri-tech: Harvesting benefits of tech at the mandi

Private e-mandis, farm-to-fork startups and location tracking & geo-fencing tech platforms are helping farmers sell their produce amidst the lockdown.