Industry

Decision in 2-3 days over interest on deferred instalments by banks, Centre tells SC

The top court asked the Centre to bring the decision on record and circulate the affidavit to the parties in a batch of pleas challenging interest on deferred instalments.
loan moratorium, deferred instalments, Supreme Court, COVID-19 pandemic, NPA, Reserve Bank of India, EMI  moratorium period

People prefer saving over taking loans; bank credit at half the last year’s rate, deposits in full swing

SCBs are being very selective with their credit portfolios due to asset quality concerns and the overall bank credit is expected to remain slower in the near term.

bank credit, loan growth, banks, banking sector

‘With Covid interruption, sustainability of Indian startup ecosystem will be the focus in coming year’

India has transitioned to a 'Purpose-driven' entrepreneurship from 'Necessity-driven' entrepreneurship as depicted by the latest ranking of the country in three out of four parameters introduced by Gl

BharatNet work drags: Lack of workers, fund shortage brings govt’s ambitious project to halt in 8 states

The lack of workers coupled with a shortage of funds has hit the brakes on the BharatNet work in as many as eight states, including Andhra Pradesh, Gujarat, Telangana, Odisha and Tamil Nadu.

India’s reputation among foreign investors tarnished with Vodafone tax demand; Modi must now accept reward

The Hague panel threw out Indian government’s $3 billion tax demand against Vodafone, finding it to be in breach of fair treatment under the country’s bilateral investment protection pact with t

Vodafone arbitration case india retrospective tax dispute

TikTok fate in the balance as judge weighs app store ban

The 90-minute hearing came after President Donald Trump declared this summer that TikTok was a threat to national security and that it either sold its U.S. operations to U.S. companies or the app woul

TikTok, Trump Administration, TikTok app store ban, Donald Trump, Oracle, ByteDance, walmart, WeChat, latest news on tiktok

Persistent Risks: No let-up in cyberattacks as Covid-19 lockdown eases

Cyberthreats are constantly evolving in order to take advantage of online behaviour and trends. The Covid-19 outbreak is no exception, points out a Subex report

For Indian assets on the Web, the situation has been worrisome. Manufacturing and utilities continue to suffer a huge volume of attacks.

Covid-19-induced economic uncertainties: ‘Salaries to have more variable, profit-linked pay’

As Amit Vadera, AVP, TeamLease Services observed, the pandemic has accelerated the shift to linking pay with performance.

“Earlier people could do some work from nine to five and get paid but now measurable productivity is key,” he said.

WhiteHat Jr. deal will help us accelerate our international expansion: Byju Raveendran

But since it is platform plus content, the entry barrier is quite high for someone else to create an expansive library of content.

There is an increase across metrics and we have seen conversion rates going up.

Cloud adoption: Relying on cloud computing can accelerate the digital transformation in government

The UK government has also adopted a cloud-first policy to foster innovation, enhance the agility of government agencies and improve citizen services. Recently, Bahrain unveiled its Cloud First policy

The Indian government has adopted a similar approach too.

IQWAT: Initiative to preserve and promote Kashmiri Pandit culture

Iqwat is a virtual platform to preserve and promote the culture of Kashmiri Pandits

At the time of launch in January 2021, Phase I will feature a section that illustrates the history of Kashmiri Pandits dating back 2,000 years with a special focus on the year 1990.

The venture ecosystem is a lot more mature now: Ashish Sharma, MD & CEO, InnoVen Capital India

By and large startups have done a fantastic job navigating this unprecedented crisis and were very quick in taking actions.

Ashish Sharma, CEO, InnoVen Capital India

Amazon Echo Devices: These devices will make your home smart

Amazon’s Echo smart speaker line-up gets a refresh with new design and crisp, full sound

The festive season is round the corner and Amazon has introduced a new line-up of Echo devices.

Acer Swift 3: A good laptop at an attractive price point

Slim, lightweight and stylish, the Swift 3 is an ideal laptop for work, study and entertainment

Taiwanese PC brand Acer’s Swift 3 laptop can be a worthy pick in this league.

Eavesdropper: Approach for government apps needs to change

That is the reason for multiplicity of apps and frequent uninstalls. There is little heed paid to aesthetics and design and user testing and feedbacks are a rare phenomenon. Instead, most apps are loa

Besides privacy concerns, marketing and getting the message through is a big reason for low usage.

Talks for merger with Clix Group on: Lakshmi Vilas Bank

In a release, signed by independent director Shakti Sinha, the bank said it would continue its focus on capital-light loans like gold loans to optimise profitability without straining capital funds.

The bank claimed its liquidity position, as on September 27, is comfortable, with liquidity coverage ratio (LCR) in excess of 250% against the minimum 100 % required.

Smart meters: Time to make that smart switch

We estimate that the country would need to invest ~Rs 65,000 crore to transit from traditional to smart meters, assuming a substantial reduction in current meter prices with rising volumes.

Undoubtedly, the switch to smart metering will present challenges.

Port traffic lost momentum in August

Port volumes for iron ore fell 10% m-o-m, while those for coal rose 9% m-o-m.

Container volumes remained flat m-o-m (-9.4% y-o-y) in tonnage terms.

Online Woes: How to combat video call fatigue

As the lines between work and home blur, employees are left feeling drained towards the end of the day. Here are four ways to prevent video conferencing fatigue

This communication overload is resulting in employees feeling drained at the end of the day.

Citi helps COVID-struck Indians in kind, pumps in Rs 75 crore for pandemic-related aid

For the essentials programme, it initiated the 'You Nominate, We Donate' programme after the spread of the pandemic, wherein employees flagged potential beneficiaries to the bank.

citi news

TEC providing technical documents to stakeholders for free, industry lauds move

Domestic telecom gear maker body TEMA appreciated the development, saying this was a long-pending demand of the players.

It used to take 10-15 days for industry players to procure required documents.

Bill Gates making $200 billion from vaccines? Microsoft co-founder explains math behind ‘returns’

Bill & Melinda Gates Foundation has so far ploughed billions of dollars into developing medicines. For instance, it has committed over $3 billion in HIV grants to organizations globally and over $1.6

NTPC invites bids for supply of biomass pellets

NTPC further said it had first undertaken the initiative on pilot basis in 2017 for biomass co-firing by replacing some of the coal with pellet based fuel at NTPC Dadri, Uttar Pradesh.

Looking at its success, NTPC now plans to replicate the model in its 17 plants.

Vodafone Idea starts upgrading 3G users to 4G

"While the company will continue to offer basic voice services to its 2G users, 3G data users will gradually be upgraded to 4G in a phased manner across all markets. VIL has started informing its cust

"As our integration nears completion, we have already expanded our 4G coverage to 1 billion Indian population who can now avail faster data services pan-India," he added.
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