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Thursday, November 17, 2016

Nov 17, 2016 - Emerging economies like India investing more in clean energy

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Sree Vijaykumar
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While the world debates the ethical implications of gene editing, a group of Chinese scientists have injected a human being with cells genetically edited using CRISPR-Cas9 technology. The scientists from China are hoping the genetically edited cells will help their patient fend off a virulent type of lung cancer. Another group of Chinese scientists already ran CRISPR experiments on human embryos that didn't go very well - at least two-thirds of the embryos were found to have genetic mutations and only a fraction of the 28 surviving embryos (out of 86 total tested) contained the replacement genetic material. These are among the first human trials in the world. More here

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Emerging economies like India investing more in clean energy

The renewable energy boom is not limited to industrialised countries as emerging economies like India have invested more in such technologies than developed world, US Secretary of State John Kerry today said. Stressing on adoption of clean




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So, here’s the real deal with email. Yes, we all get too much email, but for those of us who check it, we do so over 15 times a day.

 


Demonetisation: Undeposited old notes may result in windfall for government

Some of the funds may be used for reacapitalising public sector banks.



Everstone in talks to invest in OmniActive

Everstone Capital and Mumbai-based OmniActive are in advanced stages of discussion for a Rs300 crore investment



Oaktree Capital chases its maiden structured debt deal in India

Oaktree Capital is in advanced discussions with two large real estate companies for structured debt deals worth up to $100 million



Smartphone maker Lava to get $100 mn investment from three chip makers

The move is a change in strategy for Lava, which was earlier looking to raise a similar amount by directly selling stake to PE/VC firms



Donald Trump meets Indian partners, hails PM Modi's work

Modi's success means little for many ordinary Indians.



Demonetisation: Massive deposit bonanza for banks pulls down interest rates

SBI cut rates on deposits; among private lenders, Axis Bank took lead by reducing lending rates by 15-20 bps; Rs 4L cr deposits have been received since Nov 9.



PM Modi, please take note: These countries tried demonetisation and failed

​While such operations in developed nations, such as decimalisation of pound in 1971 or introduction of cash euro in 2002 went smoothly, others in EMs have not​.



MF industry looks to ramp up investor base to 9 crore in 5 years

Total asset under management has gone up to Rs 17 trillion from Rs 11 trillion over the past one and a half years, an increase of around 50 per cent.



PSBs may see deposit rush but several challenges remain

Given their penetration across India and vast branch network, some of the larger PSBs are particularly slated to enjoy an accretion in their CASA deposits.



Mamata Banerjee: Financial emergency prevailing in country, demonetisation 'Tughlaq' move

Mamata Banerjee said the protest march was organised to save the common man from the looming disaster due to demonetisation.



Pre-emption best cure for ailing Indian banking system

Pre-emption best cure for ailing Indian banking system - A report by India Ratings said that covenants can help cut debt recovery time by half or even avoid the creation of stressed assets altogether.



Is Tata Sons right in seeking Nusli Wadia’s expulsion?

Tata’s bid to remove Nusli Wadia as an independent director challenges the sanctity of the post



Indian financial services firms lap up high-profile exits from MNCs

The flight of talent can be attributed largely to entrepreneurial opportunities, say experts



SBI writes off Rs 7016 crore loans owed by wilful defaulters, including Vijay Mallya's defunct airlines

The clean-up saw SBI forgo almost Rs 1,201 crore in dues owed by Vijay Mallya's defunct Kingfisher Airlines, which heads the list of wilful defaulters.



Demonetisation impact: Flush with funds, banks may cut lending rates

Yields on 10-year government bond, a benchmark of the prevalent rate in the economy, have fallen more than 25 basis points



Demonetisation: Logistics companies feel the pain as e-tailers take it easy

Logistics companies have faced an up to 20% decline in volumes from their e-commerce business in the past one week, as cash-on-delivery payments were almost eroded by e-tailers following the governments demonetisation move.


The future of e-commerce is bright, says Sachin Bansal

Companies that invest in data and AI will survive into next decade: Flipkart co-founder


79% of Indian customers would cheat on their favourite retailers: Study

ICLP, a global loyalty marketing agency, sheds light into what retailers can do to improve customer loyalty during the holiday shopping season and bey..


Sales stabilising; cash transactions down to 10-15%: Biyani

Even as citizens are coming to terms with the government’s demonetisation drive, Future Group’s Kishore Biyani says that cash payments at its retail chains have dipped and consumers are moving towards digital payment mediums.


WhatsApp video call works and it's going eat Skype and FaceTime for breakfast

Yesterday, WhatsApp after a long long wait introduced video calls. Seriously this was a longtime coming, but now that it has been launched, I have managed



Digital India: Reliance Jio likely to launch 4G-enabled feature phones for Rs 1000

With an aim to tap the rural and Tier-III markets, Reliance Jio is reportedly prepping up to roll out 4G-enabled feature phones in India in the first quarter



China-India Internet Market Comparative Report: India is world's fastest growing internet market

Both countries have put forward internet development plans—Digital India in India and Internet+ in China.



ITU Telecom suggests government policy to drive broadband, digital economy

ITU Telecom World 2016 is in its second day today. Huawei and the International Telecommunications Union (ITU) jointly hosted the first Asia Pacific Exchange on Broadband Regulation and Policy. They also released the White Paper on Broadband Regulation and Policy in Asia-Pacific Region: Facilitating Faster Broadband Deployment. Speakers at the exchange called for more comprehensive broadband policies to guide development and speed the rollout of national broadband networks, as the basis for growth in the digital economy.



Vodafone India's IPO launch pushed further to March 2017

Vodafone India said it would proceed with the market listing as soon as "market conditions" allow.



Call centre workers in India are selling personal details of Vodafone customers

Employees at AI Solutions, an Mumbai-based security firm, are allegedly selling the phone records, numbers and home addresses of Optus, Telstra and Vodafone customers.



4G smartphone shipments in India grew 24% qoq in Q3 2016: IDC

The smartphone market in India crossed the 30 million unit shipments milestone for the first time ever in a quarter.



Police initiates drive to identify, locate illegal call centres

Pune: Coming down heavily on call centres operating illegally in the city, the Pune police undertook a massive exercise of identifying and locating such establishments on Tuesday.



WhatsApp video calling rolled out for India: how to make video call and everything you should know

Similar to WhatsApp text and voice call, end-to-end encryption will be available on video calls as well. End-to-end encryption keeps the company or government officials from reading the text or listen to calls.



Demonetisation: As currency dries up, business withers at kirana stores

The problem has been compounded by several wholesalers and distributors avoiding small towns and rural areas altogether, according to a Nielsen report.



FSSAI to set up food safety standards review panel

"FSSAI will also look at ensuring that these food safety standards are complied by stakeholders in the food business through third party auditing and food inspections," FSSAI CEO Pawan Kumar Agarwal said.



Industrial enzymes leader Novozymes to expand India operations Economic Times

Novozymes to invest Rs 300 crore for new facility near Mumbai



Himanshu Garg's move from FMCG giant Dabur India to B2B

Mr. Garg's move from FMCG giant Dabur India to Industrybuying indicates leading executives wanting to explore for value addition and potential growth.



Cyrus Mistry sends legal notice to Tata Global Beverages: Reports

Mistry was removed on Tuesday as the chairman of Tata Global Beverages, which co-owns and runs Starbucks coffee stores across India.



India's October retail inflation eases: Consumer Price Index

Consumer prices in India eased during the month of October, bolstering hopes for a December interest rate cut by the Reserve Bank of India (RBI). Indias October consumer price index (CPI) Inflation fell to 14-month low...



PM Modi's money crackdown threatens India's corporate earnings recovery

FM Jaitley on November 9 said the move will damp consumption in short term, a belief that sent an index of consumer discretionary goods to a four-month low.



Now, when in doubt, check weight of packed goods

Does the one-kg packet of toor dal in a supermarket weigh exact? If this question nags you when you shop for groceries, you will soon be able to clear your doubts at the store itself.The State governm



Govt actions are promising for growth, says Jack Ringquist of Deloitte

Jack Ringquist, global leader for consumer products at Deloitte, says social media has challenged consumer companies to not only put across their message clearly but also to understand what kind of products consumers want.



Cigarettes, booze, sweets, eggs and more: Demonetisation hits these sales the most

Here is an account of how the Centre's demonetisation policy has impacted sales and production across sectors



Demonetisation 'Very Good' But Challenges Exist: Flipkart Chief Sachin Bansal

E-commerce major Flipkart today said the intent behind the Centre's demonetisation of Rs 500 and Rs 1000 notes is "very good", but there are challenges that exist with its execution.


E-commerce firms see 30% decline in cash on delivery orders post demonetisation

E-commerce companies, including Snapdeal and Shopclues, have seen up to 30 per cent decline in cash on delivery (CoD) orders post the announcement to demonetise Rs.500 and Rs.1,000 denomination notes


Flipkart resumes cash-on-delivery service but will not accept banned notes

In a bid to provide maximum facility to customers and maintain market value, the e-commerce giant Flipkart has resumed cash-on-delivery (CoD) service up to any amount.


PayU India accelerates launch of UPI to aid Indian merchants

There is no need to pre-load money in wallets. The system allows payments to different merchants without the hassle of typing one's card details or ne..


Demonetisation: Third party logistics providers to ecomm majors warming up to card payments on delivery

Third party logistics providers are, however, reluctant to get into alternate payment methods such as paying through card on delivery.


DHL eCommerce to invest Euro 70 mn to augment e-commerce

Logistics firm Deutsche Post DHL Group today said its division DHL eCommerce is investing 70 million Euros to strengthen its operations to meet the fast- growing demand for quality e-commerce logistics services in India. Through its subsidiary Blue


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