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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.




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Franklin Templeton effect: Credit risk funds see AUM decline by Rs 19,000 crore in April

Credit risk funds have seen assets decline by nearly Rs 19,000 crore in April as investors rushed to redeem their money after the closure of six debt schemes by Franklin Templeton Mutual Fund, data showed.




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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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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.




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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.




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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.




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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.




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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.




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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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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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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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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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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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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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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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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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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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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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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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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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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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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.




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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.




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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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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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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.




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Netflix sees ‘big growth’ in India as subscribers binge on local content

According to data released by market research firm Kalagato, user engagement on Netflix shot up to as much as 80 minutes a day as of March 28 from a little under 50 minutes on February 5.




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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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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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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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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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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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Indian rupee falls 31 paise against US dollar at the Interbank Foreign Exchange

The Indian rupee weakened by 31 paise to 62.64 against the US dollar today at the Interbank Foreign Exchange on month-end demand for the...




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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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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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S Chand aims to raise Rs 728 crore from IPO

Leading textbook publisher S Chand has priced its initial public offering (IPO) in a price band of Rs 660 to Rs 670 per equity share.




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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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Asset allocation: Looking to book profits in equity now? Here’s why you should shift to short term bond funds

It has been proven that portfolio allocation leads to long-term optimum results on investments. Awareness among investors is gradually increasing on the imperative of allocation.




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As promoters fail to infuse capital, recast loans of Rs 50,000 cr fail at CDR cell in FY12

Aggregate recast loans worth around Rs 50,000 crore (Rs 49,332 crore) failed at the corporate debt restructuring (CDR) cell in FY17, taking total failures since the inception of the cell in 2001 to Rs 1.37 lakh crore.




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Government to oppose RBI’s new cash tool plan

The Reserve Bank of India's proposal to introduce a new liquidity tool to help manage a banking system flooded with surplus cash is facing opposition from the government.




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SBI may issue perpetual bonds to raise around Rs 2,500 crore

State Bank of India (SBI), may approach the debt market to issue additional tier-1 bonds or perpetual bonds, according to sources in the bond market.




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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.




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Stressed asset purchases likely to pick up in next few months, say senior Kotak Mahindra Bank officials

Kotak Mahindra Bank on Thursday reported a surge in its first quarter net profit while maintaining the asset quality.




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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.