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Maharashtra govt withdraws decision to allow sale of BT Cotton seeds from May 1

The decision was taken after the state agriculture department approached the Central Institute of Cotton Research (CICR), Nagpur, seeking advice against the backdrop of the Covid-19 pandemic affecting the country.




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Covid effect: Salary deferred for 60 per cent of GoAir’s staff

Nearly 60% employees of GoAir’s will be put on “temporary leave without pay”, the airline’s promoters Nusli and Jeh Wadia in a joint letter informed employees.




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Marico Rating: ‘Buy’, risk-reward attractive

Marico's Q4FY20 was expectedly weak on topline but margin beat (lower RM & A&P) drove a positive earning surprise.




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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.




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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.




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RIL rights issue: What’s in it for you

The rights issue offers an opportunity for existing shareholders to reap the benefits from RIL’s new and emerging businesses such as digital, telecom and retail business.




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Markets give up early gains; financials tank

A report by Jefferies shows that the benchmark Nifty in the last week of April had outperformed other global benchmarks such as Japan’s Nikkei 225, US’ S&P 500 and Hong Kong’s Hang Seng.




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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.




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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: VBL – retain ‘buy’; may stay range-bound in near term

Varun Beverages (VBL) reported a strong growth in volumes, Ebitda and earnings during Q1CY20. This was, however, led by the acquired territories of south & west not there in the base.




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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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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.




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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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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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Why digital upskilling isn’t a choice anymore

With the upcoming trends in technology, and with the advent of the Fourth Industrial Revolution, India can meaningfully leverage its demographic dividend only with sustained efforts to upskill its large workforce




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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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Cyberattacks get a new dimension: Political and economic intentions of cybercriminals

Threat trends show political and economic intentions of cybercriminals.




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COVID19: Can it impact your foreign study plans?

Ask yourself why did you decide on studying abroad?




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Power, coal, renewable energy exempted from lockdown

The daily power demand in the country has fallen by a sharp 21% since March 16 with electricity requirement on March 25 being only 2,777 million units (MU), as most parts of the country is under shutdown.




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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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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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Expansion of equalisation levy: Why it’s not well-timed

By expanding the scope of equalisation levy to cover foreign e-commerce platforms, India has rushed to incrementally cast its net wide insofar as the digital service user-base is concerned.




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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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India is a dynamic market with a fluid media scene: Nick Emery, Global CEO, Mindshare

Mindshare and GroupM have implemented their own tools that are better than the industry standards, and we use our own competitive advantage to give our clients better insights than they could get through an industry model.




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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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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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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.




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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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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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WiFi usage down marginally in weeks starting March 9, shows Opensignal data

The decrease in WiFi usage can also be attributed to people staying at homes.




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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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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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COVID-19 lockdown: How national highways construction will take a hit

After a fiscal that saw the pace of work slowing down, a first for the NDA govt, FY21 is likely to be impacted by Covid-19 and its aftermath.




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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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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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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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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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Upgrade your skills: Making people AI-ready

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




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Amazon Alexa: Stay informed, connected and entertained

A few tips on how to use Alexa and Amazon smart speakers while you are stuck at home.




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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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Techsplained @FE: What is edge computing? How it works and why we need it

Now, any developer could create an app and run it on Amazon, Microsoft or Google’s servers and make millions or billions in the process.




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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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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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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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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.