INDIA

Delhi: No more weekend curfew; restaurants, cinemas can reopen with 50% capacity

India-Central Asia cooperation essential for regional security: PM Modi

The virtual summit saw the participation of five presidents -- Kazakhstan's Kassym-Jomart Tokayev, Uzbekistan's Shavkat Mirziyoyev, Emomali Rahmon of Tajikistan, Turkmenistan's Gurbanguly Berdimuhamedow and Sadyr Japarov of Kyrgyz Republic.

Early signs of Covid cases plateauing reported but need to be observed, says govt

Addressing a press conference here, Lav Agarwal, the joint secretary in the Health Ministry said, "A clear trend in terms of fewer Covid cases requiring oxygen-supported beds or ICU beds has been observed."

Omicron: There's a early indication of plateau in Covid cases in certain geographies, says Union health ministry

International

UAE largest bank makes record profit in 2021

The UAE's largest bank, First Abu Dhabi Bank, announced Thursday it scooped record annual net profit of $3.4 billion in 2021, a 19 percent increase over the previous year. The FAB Group, based in the United Arab Emirates capital, recorded profit of 12.5 billion dirhams, up from 10.6 billion dirhams in 2020, the bank said.

Dubai regulator issues massive fine on Abraaj founder

The Dubai Financial Services Authority DFSA said CEO Arif Naqvi was slapped with the financial penalty "for serious failings." The regulator also said it was fining former Abraaj senior manager and one-time Chief Operating Officer Waqar Siddique USD 1.15 million.

Snowstorm hits Greece, Athens blanketed in white

It snowed heavily in Greece over the past few days, blanketing some parts of the country in white. Here's Athens' famous Syntagma square, with the Greek parliament building seen in the background.

Anti-Covid drugs potent against Omicron, antibody therapies less effective: Study

The lab tests also showed that some antibodies have entirely lost their ability to neutralise Omicron at realistic dosages. "The bottom line is we have countermeasures to treat Omicron. That's good news," said study lead author Yoshihiro Kawaoka, from the University of Wisconsin-Madison in the US.

Entertainment

Tata Sky is now Tata Play, firm drops brand name after 18-year-run

Tata Sky, which claims over 19 mn active subscribers, feels its business interests have grown beyond just DTH service and now include fiber-to-home broadband and Binge, which offers 14 OTT services.

Uday Shankar, James Murdoch plan to pick up nearly 40% in Viacom18, Reliance to retain majority stake

The bulk of the investment is likely to be by way of primary infusion of funds. Besides the Murdoch-Shankar duo - who are coming in as strategic investor - a few financial investors are also likely to buy stakes.

Amazon, Netflix to bolster Indian content in $54 million deal

Clean Slate Filmz, based in the Bollywood heartland of Mumbai, will release eight films and series on these over-the-top streaming sites as well as some others in the next 18 months, the studio’s 37-year-old co-founder, Karnesh Ssharma, told Bloomberg. Ssharma declined to provide a full list before they were officially announced.

17 Best Sites to Buy TikTok Followers (Safe and Real)

Teachnology

Service with a Smile: Shantanu Narayen and his clever game to take Adobe to safe waters

Shantanu Narayen, the first among the Indian-origin executives to helm a global software company, has transformed Adobe. But with the creative world shifting to new-age technologies, Narayen has his task cut out. And the Street is wondering whether he can maintain the growth momentum.

Regulating ed-tech firms: will the much-needed guard rails choke innovation?

With multiple directives emerging over the last few weeks, ed-tech firms are jittery about their implications. Safeguarding students’ interest is the top priority, but there are questions over the best approach in regulating the sector. While a strong legal framework is necessary for the benefit of all stakeholders, maintaining a conducive atmosphere for innovation is equally important.

Street view to guarding user base: why MapmyIndia is the preferred alternative to Google Maps

From digitisation to the government’s data governance policy, MapmyIndia has several factors going in its favour. Further, the company has substantial growth potential in the B2C segment as it has been deriving most of its revenues from B2B customers so far. But the concentration of its customer base could prove to be a major headwind for the homegrown company.

How the pandemic is testing the limits of face recognition

The use of face-recognition technology has expanded rapidly during the pandemic as a contactless, automated way of verifying the identity of people applying for unemployment and other public benefits. However, experts and activists worry that its failures could prevent people from getting benefits they desperately need — and that it could be even more dangerous if it works as designed.

Traveling

From India's Chicken Junglee to Germany's Fischbrotchen, top 5 most popular sandwiches

Every sandwich lover's ultimate food guide.

Srinagar's snowfall or boat ride in Delhi: Explore winter fun across India

The winter season in India can be exciting and fun.

Republic Day 2022: Celebrating Indianness can be truly rewarding. So, let's get gripped by the National Fervour!

​If you live in Delhi, then chances are you have been woken up to drum beats for R-Day Parade.

Dubai in spotlight as Luxury & Retail Fashion Hub

Along with robust local brands, leading international labels have chosen Dubai as its preferred destination, thanks to its high global visibility.

Small Biz

Kinara Capital introduces collateral free short-term loan for MSMEs

Accessible via vernacular-friendly myKinara app, the loan is aimed at supporting quick business growth needs of MSMEs.

Microsoft launches initiative to help SMBs develop digital skills

As businesses become increasingly reliant on technology, digital skills are fundamental to helping SMBs evaluate and implement the right digital tools, in the right way.

Budget needs to create a long-term roadmap to succeed in the semiconductor manufacturing

Semiconductor mix in vehicles is undergoing a profound change, as the automotive industry transitions to new electronic architectures .

Budget 2022 needs to treat India’s ubiquitous micro enterprises separately

Almost 99% of the MSMEs in the country are micro enterprises. But the government's policies do not always give them the required support.

Markets

Playing the algo rhythm: Can codes help retail trade as smartly as institutional players?

The advent of broker APIs and New Age investors has boosted algo trading in recent years. Today, an algorithm can be coded, back-tested and deployed to send buy and call signals. However, this has challenges too — not all traders are tech-savvy. In future, can the retail masses reap returns that are at par with the institutional lot?

Buy back shares, offer good premium, repeat. Can TCS give investors risk-free return this time, too?

This is the fourth share buyback by TCS in five years. The latest one is the largest at INR18,000 crore. When the company launched a buyback in 2017, it made for a smooth sailing for short-term traders and investors with a 15% gain. The next two buybacks yielded similar results. What’s in store this time around?

India’s InvIT market may have found its star in IndiGrid. But can it sustain double-digit returns?

India Grid Trust or IndiGrid gave over 35% returns in the past year compared to Nifty50’s 26%. This has opened up India’s InviT market. Perhaps, providing the much-needed push that the regulators were working for to make the InvITs attractive for the investor. But there’s much more to IndiGrid’s swansong. Has it spent too much already to sustain its performance?

White Oak Capital makes a transition from PMS to MF. Can Prashant Khemka build a powerhouse?

Amid the pandemic, White Oak Capital made a successful bid to acquire Yes Bank’s AMC business. Now, the PMS fund it set to make its mass-market foray. However, experts feel shining in the competitive mutual-fund space may not be easy. Will White Oak’s investment strategy be put to test?

Automibile

Simple Energy signs pact with Siemens to drive digital transformation in EV space

The Bengaluru-based EV maker said it has also roped in Siemens' technology partner Prolim to share its technologies to strengthen India's bid to become the EV capital of the world. As part of the partnership, Simple Energy will be adopting Siemen's cloud-based product lifecycle management (PLM) software Teamcenter X to establish a strong digital foundation for its e-mobility solutions, the company said.

M&M records almost 1 lakh bookings of XUV700, bills 14,000 units

The homegrown auto major had launched XUV700 in August last and opened bookings from early October. The deliveries of the XUV700, however, commenced only from October 30. Priced between Rs 12.95 lakh and Rs 23.79 lakh (ex-showroom), the five- and seven-seater XUV700 comes in two broad trims - MX and AX (AdrenoX).

JLR opens bookings for new Range Rover SV in India

"The new Range Rover SV adds more luxury and personalisation options thus, enabling our clients to create a truly individual Range Rover that embodies their own character and personality," JLR India President and Managing Director Rohit Suri said in a statement.

Mahindra launches electric three-wheeler tagged at Rs 1.44 lakh

The launch of the e-Alfa Cargo marks the company's entry into the rapidly growing e-cart segment.

Asnlive Headlines

Sports

Hockey legend Charanjit Singh dies

Charanjit suffered a stroke five years back and was paralysed since then.[Read More]

How COVID-19 tests and isolation will work at Beijing's Winter Olympics

It's part of the complexities of staging a big event in the pandemic, because organizers want to ensure they don't fuel outbreaks among participants or the local population. Since early in the pandemic, China has taken a "zero tolerance" approach to the virus.[Read More]

Young leg-spinner Ravi Bishnoi gets maiden call-up for Windies series, Kuldeep Yadav makes comeback

Young leg-spinner Ravi Bishnoi was on Wednesday rewarded with a maiden India call-up for the upcoming Twenty20 series against the West Indies while senior wrist spinner Kuldeep Yadav also returned to the white-ball setup after a knee surgery.[Read More]

Rohit to lead against NZ in T20Is, Kohli rested, Hardik axed; rookies Venkatesh, Harshal get in

Rohit Sharma was on Tuesday officially anointed India's new T20 captain replacing Virat Kohli, who has been rested from the three-match series against New Zealand starting November 17 in Jaipur.[Read More]

Defence

US rejects Russia demand on Ukraine but talks see new life

Secretary of State Antony Blinken said he would speak again in the coming days to Russian Foreign Minister Sergei Lavrov, as a separate initiative by France brought a promise by Moscow at least to keep talking to Ukraine's government.[Read More]

BSF has zero tolerance towards corruption, action taken against erring personnel: Senior official

Asserting that the BSF has zero-tolerance towards corruption, the paramilitary force on Thursday said action has been taken against some of its personnel for their alleged involvement in cross-border illegal activities, including cow smuggling[Read More]

What are NATO's next steps if Russia invades Ukraine?

Ukraine is not a member of NATO and the alliance is not treaty-bound to defend it. US President Joe Biden has said he will not send American or allied troops to fight Russia in Ukraine.[Read More]

Terrorist entities shouldn't get any support from Afghan soil or terror sanctuaries based in region: India

"Terrorism continues to pose a serious threat to Afghanistan and to the region. Security Council Resolution 2593 clearly outlines the international community's expectations on a range of critical and immediate issues," India's Permanent Representative to the UN Ambassador T S Tirumurti said on Wednesday.[Read More]
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