Wednesday, July 18, 2018

Latest News Headlines Wed Jul 18 10:33:06 IST 2018

  1. Why STDs are on the rise in America
  2. WhatsApp is not creating a land of lynch mobs. That is India's problem
  3. Govt mulls military training for 1 mn youth per year to instill discipline
  4. Whatsapp, lynching, mob violence, mob lynching, fake news, fake videos
  5. HDFC Group shares in focus; HDFC, HDFC Bank hit new high
  6. HDFC Bank
  7. PSU banks slip from day's high; Union Bank of India, OBC among top losers
  8. State Budgets for 2018-19 show a healthy recovery on fiscal deficit front
  9. Hong Kong Hang Seng gains 0.3%
  10. China Stocks rebound on bargain hunting
  11. Developed Corporate Bond Market Need Of The Hour For India To Achieve 8% Economic Growth - ASSOCHAM- APAS Joint Study
  12. Galaxy Note 9 Leak Shows Samsung Will Never Go With A Notch
  13. Papa John's Founder Used N-Word On Conference Call
  14. Jeff Bezos' Net Worth Hits Record $151 Billion After Strong Amazon 'Prime Day
  15. Channel - Block D - Billionaires - blog - Position 3 - How Theresia Gouw Became America's Richest Female Venture Capitalist
  16. Channel - Block D - Billionaires - blog - Position 4 - Papa John's Founder Used N-Word On Conference Call
  17. Channel - Block D - Billionaires - blog - Position 5 - Jeff Bezos' Net Worth Hits Record $151 Billion After Strong Amazon 'Prime Day
  18. Open Future
  19. Advertise
  20. Reprints
  21. Media Centre
  22. America’s cultural divide isn’t growing
  23. Violent Islamist groups are gaining strength in Africa
  24. Trans masculine people are being excluded from the conversation
  25. After two weeks
  26. “Who is America?” contains genuine insight
  27. Some gender-critical voices are not being heard as they should
  28. What sovereignty means for America’s Indian tribes
  29. France wins the World Cup
  30. Nawaz Sharif returns to Pakistan
  31. US lawmakers ask tech giants to ban more offensive accounts
  32. Markets open on higher note on Wednesday
  33. Odisha focuses in on eco-tourism, aims to get 23 mn tourists by 2021
  34. Agusta case: Indian authorities fail to produce evidence against Michel in UAE court
  35. Harbhajan Mann's son Avkash won't promote violence, alcohol through music
  36. The UN's grand SDR plan won't be achieved without the grassroots (Column: Active Voice)
  37. NCLT approves Liberty Houses plan for acquiring Adhunik Metaliks
  38. Assam adopts water management practices to keep pace with climate change (Environment Feature)
  39. It's just the beginning, Hima will touch the sky: Coach Nipon Das (IANS Interview)
  40. Sanjay Gandhi was made of sterner stuff' (Book Extract)
  41. Casting couch is one's own choice: Actor Rajneesh Duggal (IANS Interview)
  42. Hyundai Brilliant Moments a" Emotional Recalling Digital Campaign Records More Than '100 Million' Views in Just 17 Days
  43. Presenting an All New Menu and Appointment of Chef Abdul Quddus at Saffron, the Indian Specialty Restaurant at JW Marriott Mumbai Juhu
  44. Rakhibazaar.com - Making Raksha Bandhan Memorable with Massive Rakhi Collection 2018
  45. House of Hiranandani Bags Two Prestigious Real Estate Awards
  46. CMAI's 67th National Garment Fair to Continue up to 19th July 2018
  47. Is India Ready for August 4 Trade Scrimmage, Asks the Forum of Indian Food Importers
  48. Pidilite Strengthens Its International Presence; Unveils a State-of-the-Art Adhesive Manufacturing Plant in Srilanka
  49. Azure Power's Portfolio Surpasses 3 Gigawatts
  50. New SASA® Customer Intelligence Offering Accelerates, Automates and Streamlines Marketing Planning Activities
  51. Rocheston Launches Professional Certification Programmes With Test Delivery Partner Pearson VUE
  52. Boston Capital Announces Closing of Boston Capital Income & Value U.S. Apartment Fund
  53. Bank of America Reports Second-Quarter 2018 Financial Results
  54. 22nd Century Announces the Immediate Feasibility of the FDA's Nicotine Reduction Plan
  55. The Countdown Begins to the One of Biggest Outbound- MICE & Luxury Travel Platform
  56. Fischer & Schickendantz and Solution Alliance SRL Adopt Andersen Brand in Uruguay
  57. More Than Half of Sub-Saharan Africa to Be Connected to Mobile by 2025, Finds New GSMA Study
  58. GSMA Finds That Consumers in Developing Countries Are Hard Hit by High Spectrum Prices
  59. NEC and dotData Use AI to Accelerate Data Science for the SMBC Group
  60. Cushman & Wakefield To Acquire Its Irish Affiliate From Sherry FitzGerald Group
  61. JPMorgan Chase Bank launches offering of cash-settled exchangeable bonds into Ping An Insurance (Group) Company of China Limited due 2020
  62. HAB Bank is not affiliated with habib bank limited (HBL)
  63. Canvilicious signs on cure.fit, cult.fit & Inito
  64. US based Serial Tech-Entrepreneur invests $5mn in Punjab startup, Isos Inc
  65. Scientists discover new 'Maghalayan age' in Earth's history
  66. No 'time limit' on N.Korea denuclearisation: Trump
  67. Obama slams Trump-era, warns of 'strongman politics
  68. 3 dead in US plane collision
  69. Meeting Putin was better than NATO summit: Trump
  70. EU's Juncker, Trump to meet over security, economic priorities
  71. Land dispute leaves 13 dead in Mexico
  72. Netanyahu visits Israeli army's Gaza division amid escalation
  73. Trump says he misspoke in comment about Russian election meddling
  74. Iran says to jointly produce defence equipment with Pakistan
  75. Pompeo to meet Guterres: UN
  76. BRICS media forum to start in Cape Town
  77. Geologists have classified the last 4,200 years as being a distinct Earth age and are calling it a new chapter -- the "Meghalayan Age" -- the onset of which was marked by a mega-drought that crushed a number of civilisations worldwide.
  78. US President Donald Trump has said there is "no time limit" for North Korea to denuclearise and there is no need to rush the process.
  79. Guess who uses hatred, fear to maintain power: Rahul Gandhi
  80. Low-cost technology can bridge knowledge gap in India: COL president
  81. Cloudy Wednesday morning in Delhi
  82. 3 dead, many trapped in G.Noida twin-building collapse
  83. Over 2 lakh pilgrims performed Amarnath Yatra so far
  84. Prenatal exposure to plastic chemical may reduce cognitive skills
  85. Prenatal or early exposure of your kids to a plastic chemical may harm brain development as well as reduce cognitive function, a study says.
  86. Reigning Olympic TT champs Ma Long, Ding Ning to skip Asiad
  87. Iceland coach Hallgrimsson resigns
  88. next:'.e3lanat-rotator-id-499 .adr-next',
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  95. LinkedIn India Member Base Doubles in Four Years to Hit 50 Mn
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  103. Eat more plant-based diet to avoid obesity in later life
  104. Nipah infections: Don’t blame the bats alone, improve public health
  105. Sleep for 7 hours to keep your heart younger
  106. The planet’s pernicious plastic plague peril
  107. Meditation, yoga can sharpen your mind
  108. Nipah virus claims 10 lives in Kerala, two serious
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  111. 98 Degrees’ Timmons Wants to Collaborate with Badshah
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  114. Australia is Parineeti’s ‘ideal holiday destination’
  115. UN rights expert concerned over UK’s widespread discrimination
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  117. How human semen increase spread of Ebola virus infection
  118. China plans to use AI, drones to protect Great Wall
  119. More thunderstorms likely to hit India till May 11
  120. Chill your summer drinks with ‘cool’ cumbers
  121. td_block_wrap td_block_big_grid_fl_4 td_uid_39_5b4ec9e094230_rand td-grid-style-1 td-hover-1 td-big-grids-fl td-big-grids-scroll td-big-grids-margin td-pb-border-top td_block_template_8" data-td-block-uid
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  128. Give Your Android Smartphone A Facelift With These 6 Browsers
  129. Will not supply advance information about witnesses: Prosecution to tell Court
  130. Rahul Gandhi constitutes CWC, convenes first meeting on July 22
  131. Lynch mobs are an Indian problem, not Whatsapp's
  132. PM's presence could avoid disruptions in House: Poll
  133. UltraTech Q1 results today: What to expect
  134. Brand strength, pricing make TCNS a long-term buy
  135. TCNS IPO
  136. Check out the stocks that have rallied over 5%
  137. Sensex at 44,000 by June 2019? Take your bet
  138. IOB, Corp Bank, PNB rally on capital infusion nod
  139. Brokerages adding ‘buy’ tag to Bajaj Auto
  140. India accounts for 1/5th of global deaths from floods
  141. FIFA 2018: Man City took home 3.9 mn pounds from Russia, but Tottenham gained more
  142. BJP got wrong what Rahul Gandhi told Muslims, says Irfan Habib
  143. Government to hand-deliver 11 crore Ayushman Cards
  144. Kathua rape: Cop ‘washed dress, concocted evidence
  145. 7th Pay Commission
  146. TCNS Clothing IPO
  147. 10:28 AM | 18 Jul
  148. HP India
  149. Motorola
  150. Ad: trade.io
  151. Central staff set to get yet another dearness allowance hike
  152. Noida buildings collapse: 3 dead, several trapped
  153. en-gb2018-07-18T10:21:40+05:30
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  156. Dozens of people have been lynched in similar circumstances -- some on suspicion of stealing children, others because they were believed to be killing cows.
  157. As per available information, the FSL director will send a certificate of assurance, sticking to its examination of the sample and that it belonged to the eight-year-old nomad girl.
  158. A poll conducted shows that people feel that India can't afford disruptions and adjournments of the House and the prime minister's presence could help it function better.
  159. en-gb2018-07-18T10:15:02+05:30
  160. Lynch mobs are an Indian problem, not Whatsapp'sDozens of people have been lynched in similar circumstances -- some on suspicion of stealing children, others because they were believed to be killing cows.
  161. In Focus: PNB, UltraTech, RCom among stocks to track today​Here is a list of top stocks that are likely to be in focus in today's trading session
  162. Check out the stocks that have rallied over 5%In the Nifty50 index, 34 stocks were trading in the green, while 16 stocks were trading in the red.
  163. Sensex at 44,000 by June 2019? Take your betStocks have a problem of plenty. The cues are so many and jostling for attention. So, where does Indian market go from here? Weak emerging markets, rising rates, higher oil prices, an election year and relatively rich mid-cap valuations are a big overhang. But an improving growth cycle, strong macro stability and local appetite for equities give some cushion. In which case, investors would do well to be on top of things and take an informed call. Morgan Stanley's India Equity Strategy Alpha Almanac lends a hand.
  164. Will not supply advance information about witnesses: Prosecution to tell CourtAs per available information, the FSL director will send a certificate of assurance, sticking to its examination of the sample and that it belonged to the eight-year-old nomad girl.
  165. Why lateral entry should be top on Modi's mindThis column has argued for decades for the lateral entry of outside experts into top administrative positions to usher in world-class expertise, independence and a different worldview.At last, the Narendra Modi government has invited applications for appointments to 10 joint secretary-level posts from “outstanding individuals”, including from the private sector, with expertise in the areas of revenue, financial services, economic affairs, agriculture, cooperation and farmers’ welfare, road transport and highways, shipping, environment, forests and climate change, new and renewable energy, civil aviation, and commerce. These posts will, hopefully, be reserved for lateral entry in years to come, thwarting Indian Administrative Service’s (IAS) attempts to sabotage outsiders.Please AdjustBut why only 10 posts for lateral entry? Why not 100, or even 500, including state administrations? India needs a worldclass administration. It does not need an administration monopolised by a handful of people who fared well in a Union Public Service Commission (UPSC) exam decades ago, and have expected automatic promotion on the basis of that exam ever since.In theory, promotions in the bureaucracy do not depend on seniority alone; merit should count too. But a bureaucrat told me smugly in my youth, “Merit is a matter of opinion, but seniority is amatter of fact.” Anybody in the private sector pressing such a viewpoint would be sacked, but this particular official almost became Cabinet secretary.Lateral entry of experts into the administration is routine in well-governed countries across the globe, including the US, Britain, Belgium, Germany, Australia and New Zealand. India is an exception.Has this exception made India better administered than the other countries? Don’t make me laugh.The Indian bureaucracy may believe it is the cat’s whiskers, but its actual performance has been pathetic. The public believes that the civil service is neither civil nor delivers service.Lateral entry in India is not unknown. Economic posts, in particular, have often been occupied by outsiders, including Manmohan Singh, Montek Ahluwalia, Vijay Kelkar, Bimal Jalan, Shankar Acharya, Rakesh Mohan, Arvind Virmani, Arvind Panagariya and Arvind Subramanian.Many played an absolutely key role in creating and implementing the economic reforms from 1991 onward, which have now made India the fastestgrowing economy in the world.Yet, the bureaucratic reaction to this success was so adverse that the government decided to ‘cadre-ise’ economic posts to ensure that members of the Indian Economic Service got to the top. Has this produced even one outcome that stands out? Alas, no.Many disgruntled bureaucrats will try to sabotage Modi’s lateral entry reform unobtrusively. One ex-bureaucrat, Sudeep Singh Dhillon, has come into the open in a recent Mint column (‘Lateral Entry Can Crush the Steel Frame of India’, goo.gl/9Gn5Lj). He cites global experts as saying that getting into the IAS is as difficult as getting into Harvard. This proves, he thinks, that IAS chaps are the brightest, and best qualified to rule.True, getting into the IAS proves you are very bright. But so does getting into St Stephen’s College, any IIT or IIM, or Infosys or Hindustan Unilever. But does entry into any of these institutions guarantee you seniority for life, or protection against being overtaken by lateral entrants? Of course not.Learn to GovernDhillon thinks “only a generalist with rich experience in public administration can visualise, see through, and articulate macro perspectives. Besides, she has sufficient experience of working at the village, district and state level. She understands how policies are implemented and the shortcomings of various policies.”Doubtless, grassroots experience can be a huge advantage, especially in district-level administration. But it can also be a huge disadvantage, since minute expertise on existing local conditions can blind you to the vast universe of possibilities demonstrated across the globe.Inderjit Singh, a former World Bank economist, once described his interactions with Chinese and Indian officials.“Indians believe they already know everything.They want the World Bank to hand over money without asking questions. The Chinese, however, see the Bank as a source of global knowledge.They are acutely aware that their own experience is a limitation, and that they must learn from the rest of the world.” That sums up why the Dhillons of India have been left far behind by their Chinese counterparts.Dhillon says “lateral entries have been made in the past by previous ruling establishments. They haven’t been successful experiments. The whole experience of inducting private sector ‘managers’ has been far from satisfactory when it came to ‘managing’ the public sector. To be specific, examples include Air India, Indian Airlines, Vayudoot, etc.”This leaves one gasping with astonishment. Did public sector white elephants fare any better under IAS CEOs?The success of lateral economist entrants listed in this column speaks for itself. Homi Bhabha, M S Swaminathan, VKrishnamurthy, Sam Pitroda, Raghuram Rajan and other lateral entrants performed far better than their IAS predecessors.Arvind Subramanian said on leaving the government that India must aim to get the world’s best to improve the administration. It must not rely on a handful that passed a UPSC exam decades ago. Ten posts for lateral entry is a good start, but must be expanded to hundreds.
  166. In Focus: PNB, UltraTech, RCom among stocks to track todayNEW DELHI: The domestic stock market is likely to see a positive start on Wednesday, tracking firm global cues and Nifty futures on the Singapore Stock Exchange (SGX). Here is a list of top stocks that are likely to be in focus in today's trading session:UltraTech Cement, RCom: Reliance Communications, UltraTech Cement, Mindtree and Bandhan Bank will report their quarterly numbers during the day. Mastek, JK Tyre, NIIT Tech, JM Financial and Mahindra CIE Automotive will be other companies to announce there first quarter numbers during the day.Idea Cellular: The Department of Telecommunications (DoT) has rejected Vodafone India and Idea Cellular’s requests to recalculate their dues, saying its numbers are fine and that India’s second- and third-ranked telcos should pay up to get a final seal of approval on their merger at the earliest.Punjab National Bank: The PSU bank, which has been staring at a default on interest payments, has received conditional approval from the Reserve Bank of India to pay interest on its perpetual bonds that are due next week, said two senior officials aware about the development.HDFC: The initial public offering of HDFC Mutual Fund will hit the market on July 25. The price band for the issue has been fixed at Rs 1,095-1,100 per share Through the IPO, HDFC, the housing finance major , is selling 4.08 per cent of its stake in the fund house. PSU bank stocks: The government has approved capital infusion of Rs 11,336 crore in five public sector banks, including scam-hit Punjab National Bank, Corporation Bank and Andhra Bank, to help them meet regulatory capital requirements. IDBI Bank: IDBI Bank would seek its majority shareholder Government of India’s (GoI) go-ahead to facilitate state-run insurer Life Insurance Corporation of India’s (LIC) purchase of a majority stake in the bank as it begins a new journey with a new focus and management strategy under a former SBI executive.Zee Entertainment: The company on Tuesday said its profit after tax (PAT) rose 31.4 per cent to Rs 326.40 crore for quarter ended June 30. The media company had reported Rs 2,484 crore profit in corresponding quarter last year. Operating revenue for the quarter rose 15 per cent to Rs 1,772 crore compared with Rs 1,540.30 crore in the year-ago quarter.PNC Infratech: The company has signed concession agreement with NHAI for implementation of project of Four Laning of Challakere to Hariyur section of NH 150 A, in the state of Karnataka on Hybrid Annuity Mode.Crisil: The rating agency reported a 14.7 per cent rise in post-tax net for the June quarter at Rs 77.13 crore. The unit of global ratings major Standard & Poor's had reported a net profit of Rs 67.25 crore in the year-ago period.Jet Airways: The aviation company has placed an additional order for 75 jets of Boeing "737 MAX 8" aircraft during the 2018 Farnborough International Airshow. Coal India: Nomura has upgraded the ratings of Coal India to buy with a target price of Rs 318 citing a 3-4 per cent rise in fuel supply agreement realisation and a 15 per cent rise in e-auction realisation. Medium-term prospects of a 6-7 per cent year-on-year offtake, relatively stable blended realisation and a check on cash cost of production suggest a reasonable investment case in Coal India, said the brokerage. ICICI Lombard General Insurance: Private sector nonlife insurer ICICI Lombard General Insurance posted a 35per cent increase in net profit to Rs 289 crore in the first quarter of the financial year ended June 30, 2018, due to lower expense ratio and an improvement in risk selection. During the same quarter last year, the company had reported a profit of Rs 214 crore. Rallis India: The company has reported net profit of Rs.54.58 crore for the June quarter compared with Rs.45.25 crore in the same quarter last year.Textile stocks: The government has doubled import duty on over 50 textile products â€" like jackets, suits and carpets â€" to 20per cent, a move that is aimed at promoting domestic manufacturing. The Central Board of indirect Taxes and Custom (CBIC) on Monday notified list of textile products on which duties have been hiked to 20per cent. Sugar stocks: The Union Cabinet will on Wednesday consider a proposal to increase the minimum price that sugar mills are required to pay to cane growers by Rs 20 to Rs 275 per quintal for the next marketing year starting October, according to sources.IPO WATCH TCNS Clothing IPO to kick off todayTCNS Clothing, the owner of Aurelia, W and Wishful brands, will kick off its Rs 1,125-crore initial share sale on Wednesday. The issue of 15,714,038 shares will be offered in the Rs 714-716 price band. Bids could be made for a minimum lot of 20 shares and in its multiples thereafter.

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