From infrastructure to hi-tech: Mapping China’s large trade footprint in India !!

New Delhi:  The deadly border skirmishes between India-China have cast a cloud over trade relations, which have seen the latter rapidly expand its footprint in the Indian economy, spanning infrastructure, physical goods and hi-tech, with the value of total bilateral trade surging 20% in the last six years, according to official data. At least some of this surge, experts admit, has come at the cost of local industry. Chinese firms have ploughed huge investments into some of the country’s most iconic tech brands, such as the ride-hailing service Ola, a…

Advertisers resume spending on ad campaigns to lure buyers !!

New Delhi:  As lockdown across the country eases, advertisers have loosened their purse strings and resumed spending on ad campaigns to lure buyers. Within days of malls, shopping complexes and airports opening advertising spends have gone up, with volumes touching almost 30-40% of the pre-covid days, say top media buyers in the country. “Things are much better now as malls and several shopping complexes have reopened. In two weeks we expect more people to come put of their houses. July onwards things will be much better,” said Naveen Khemka, CEO…

CAIT appeals to celebrities to stop endorsing Chinese products !!

  NEW DELHI: Traders’ body CAIT on Thursday appealed celebrities to stop endorsing products of Chinese brands as a mark of respect for Indian soldiers who laid down their lives in the Galwan Valley attack in Ladakh. In an open letter, the Confederation of All India Traders (CAIT) has appealed Aamir Khan, Deepika Padukone, Katrina Kaif, Virat Kohli and others to stop endorsing Chinese products. It has also invited Amitabh Bachchan, Akshay Kumar, Shilpa Shetty, Madhuri Dixit, Mahendra Singh Dhoni, Sachin Tendulkar and others to join the campaign to boycott…

Great Learning Corporate Academy sees 500+ corporates use it to train 1,00,000 employees within first month of launch !!

Kolkata:  With India Inc. treating the current pandemic as an opportunity to upskill their workforce, the Great Learning Corporate Academy by Great Learning, an ed-tech companies for working professionals, has seen 500+ corporates using it within the first month of its launch to train more than 10,000 employees. While most of this demand has come from sectors like Auto, BFSI, E-commerce, Finance and IT, the Great Learning Corporate Academy has also witnessed significant interest from government employees. Some of the top companies that have used the Great Learning Corporate Academy to train their workforce include Maruti, UST Global,…

Digitize your dog into a computer game !!

The software could be used for a wide range of purposes, from helping vets diagnose lameness and monitoring recovery of their canine patients, to entertainment applications such as making it easier to put digital representations of dogs into movies and video games. Motion capture technology is widely used in the entertainment industry, where actors wear a suit dotted with white markers which are then precisely tracked in 3D space by multiple cameras taking images from different angles. Movement data can then be transferred onto a digital character for use in…

Amazon ‘thwarts largest ever DDoS cyber-attack’   !!

  Amazon says its online cloud, which provides the infrastructure on which many websites rely, has fended off the largest DDoS attack in history. Distributed denial of service (DDoS) attacks are designed to knock a website offline by flooding it with huge amounts of requests until it crashes. Amazon Web Services (AWS) said the February attack had fired 2.3Tbps. That is a little under half of all traffic BT sees on its entire UK network during a normal working day. The previous record, set in 2018, was 1.7Tbps. “This is…

A non-profit in Silicon Valley is helping minority start-up founders succeed !!

As we shine a spotlight on the lack of diversity in Silicon Valley, it’s worth highlighting some of the people who have been working to bring more diversity to the tech scene for years. One prime example is James Norman, now CEO of Pilotly, a focus group company. He also co-founded and runs an organization called the Transparent Collective, a non-profit that aims to help early-stage minority founders. The organization hosts groups of entrepreneurs from around the country for a four-day program of coaching and panels to help them hone…

Uber is making Juneteenth and election days around the world company holidays !!

Uber will honor Juneteenth and elections days around the world as company holidays, CEO Dara Khosrowshahi announced Wednesday. “To embrace the meaning of #Juneteenth this year, we’re making it a paid day off. We encourage employees to spend it in a way that allows them to stand up against racism, whether that’s by learning, participating in a community action, or reflecting on how to make change,” Khosrowshahi said on Twitter. “But I strongly believe that lasting change really happens at the ballot box. That’s why we are making election days around…

Social media is killing democracy !!

Mumbai: Last week, Uddhav Thackeray was forced to deny reports that Mumbai would be re-imposing a lockdown on June 15. The reports had made such an impact that all over the city, people were stocking up on goods and wondering whether they had made a mistake by resuming work too soon. In Delhi, where reports of a similar June 15 lockdown had also surfaced — though they had not been as widely circulated as they were in Mumbai — the health minister, and subsequently the chief minister, had to issue…

Pidilite Industries share price falls 3% after Q4 net profit plunges 34% !!

Shares of Pidilite Industries fell almost 3 percent intraday on June 18, a day after the company reported a nearly 34%  year-on-year (YoY) decline in its consolidated net profit to Rs 156.51 crore for the fourth quarter ended March 31. The company had posted a net profit of Rs 236.87 crore for the January-March period of 2018-19. Its revenue from operations declined to Rs 1,544.68 crore for the fourth quarter as compared with Rs 1,639.28 crore in the same period of 2018-19, Pidilite Industries said in a regulatory filing. For…