Stating that COVID-19 has not yet been contained in India, the rating agency in a statement said the government stimulus package is low relative to countries with similar economic impacts from the pandemic. "The COVID-19 outbreak in India and two months of lockdown -- longer in some areas -- have led to a sudden stop in the economy. That means growth will contract sharply this fiscal year (April 2020 to March 2021)," it said. "Economic activity will face ongoing disruption over the next year as the country transitions to a post-COVID-19 world."
Bengaluru-based InMobi and Microsoft combine their powers to break the stranglehold of Google and Facebook in the digital advertising space.
He will be in Mumbai for a day to deliver a keynote address at Future Unleashed.
Currently, banks follow system of internal benchmarks, including Prime Lending Rate, Benchmark Prime Lending Rate, Base rate and Marginal Cost of Funds based Lending Rate.
Without our realisation, basic AI is already managing our personal and work lives through emails, work processes and even entertainment
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
Declaring that the plans will come at less than one-tenth of global rates, Ambani said Jio Fiber plans will be priced between Rs 700 to Rs 10,000 per month "to suit every budget".
The voice-assistant and intuitive text search are other features which Lalvani says would aid productivity.
The 2.1 percentage point reduction mainly reflects the impact of recent fluctuations in US dollar exchange rates.
Meanwhile, for the fortnight ended March 20, deposits grew 11.42% y-o-y.
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IT market is forecast to grow 2.8 per cent in dollar terms and 5.1 per cent in constant currency from 2012, Gartner said in a statement.
It will compete with rivals Amazon Web Services and Microsoft Azure
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
The financials of six privately held companies associated with Siddhartha show an increase in debt and falling ability to meet short-term obligations.
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According to Websense's cybersecurity predictions for 2015, as mobile apps are using auto-login capability these devices will face more attacks from cyber criminals for more credential-stealing or authentication attacks that can be used at a later date.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
Sunil Mittal-led Bharti Airtel has become the world's third largest mobile operator with 303 million subscribers.
Shameen Alauddin finds out more about Touchkin which has raised $1.3 million to develop an artificial intelligence coach for your behavioural and mental health.
Leading the Indian-Americans on the list is 49-year old Aneel Bhusri.
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Less than 50 per cent respondents admit that their company has sufficient security controls, says PricewaterhouseCoopers.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.
'Kindly advise about the following stocks. Can I hold or exit?'
India also saw a decline in piracy level to 60 per cent in 2013 from 63 per cent in 2011.
The prime minister also visited the Ram Manohar Lohia Hospital in New Delhi after the milestone was achieved and interacted with hospital officials.
Son's offer to supply free power after 25 years is based on the idea that the cost of running a solar plant would progressively decline while its efficiency would increase.
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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
A recent report by Citi had pegged the total amount stuck in stalled projects across seven major Indian cities (Bengaluru, Mumbai Metropolitan region, National Capital Region, Ahmedabad, Hyderabad, Kolkata and Pune) at Rs 80,000 crore.
India's rank inched up by just one position to 130 in last year's Doing Business Survey by the World Bank.
Coffee Day Enterprises Ltd is backed by KKR & Co.
'It is entering growth territory on a month-on-month basis.'
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
In the first dedicated mission of its commercial arm New Space India Limited (NSIL), the Indian Space Research Organisation on Sunday successfully launched Brazil's earth observation satellite Amazonia-1 and 18 other co-passengers, including five built by students, onboard a Polar rocket from the spaceport in Sriharikota.
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
NBFCs are mainly dependent on funding their operation from their own cash flows.
Apart from making your purchases on these platforms expensive, it will also mean sellers will have to face the brunt of reduced cash flows amid already low margins for some. Experts said the proposal, which will take effect on April 1, 2020, and will be inserted as a new section in the Income Tax Act, is expected to affect the working capital of e-commerce companies and reduce cash flows for e-sellers.
With funds from SoftBank, Delhivery plans to rapidly scale up its reach from 15,000 pin codes to 20,000 by the June quarter of 2019-20.
Internet-based systemic wisdom connects machines and people, and will drive next-gen enterprises, said Huawei's Yatish Nagavalli.
Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.
