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Companies looking to increase advertising spend on early signs of demand revival: Report

The outlook seems optimistic as India nears the end of Lockdown 4.0 on May 31, and Lockdown 5 is expected to bring further ease in restrictions – especially for malls and retail

Cartoon: The gentrification cycle

This one is a still-relevant “classic” as I’m taking a much-needed break this week. If you are able, please consider joining the Sorensen Subscription Service! Follow me on Twitter at @JenSorensen

The Latest: Austrian soccer to investigate club testing

The Latest: Austrian soccer to investigate club testing

Alphabet’s Loon launches its balloon-powered Kenyan internet service

Alphabet’s Loon has officially begun operating its commercial internet service in Kenya . This is the first large-scale commercial offering that makes use of Loon’s high-altitude balloons, which essentially work as cell service towers that drift o

Market Wrap, July 7: Here's all that happened in the markets today

BSE Sensex ended at 36,675, up 187 points or 0.51 per cent

PE investments drop 65% to $1.45 billion in June quarter: Refinitiv data

Q2 also saw a decline of 9 per cent in the number of deals to 161

Mercedes admits W11 design has fundamental gearbox issue

With the team still chasing a solution to the difficulties that affected both Valtteri Bottas and Lewis Hamilton at the Red Bull Ring, it has emerged that the matter is not directly related to the mechanical aspects of the gearbox.Instead, a combination of th

SEBI extends compliance deadline for municipal bonds

The relaxation pertains to submission of investor grievance report, financial results and accounts maintained by issuers under ILDM Regulation, Sebi noted in a circular.

UK’s move to ban Huawei from 5G network shows US dictates Britain’s foreign policy – George Galloway to Boom Bust

Britain’s reversal on Chinese tech giant Huawei may be another sign that London is bowing to US pressure over national policy issues, former MP George Galloway tells RT’s Boom Bust. Read Full Article at

Boris Johnson’s care home comments ‘SLAP IN THE FACE’ for workers ‘risking lives on frontline’ – charity chief to RT

The British government has historically neglected the social care sector, so it is not surprising that Prime Minister Boris Johnson tried to shift the blame for the huge Covid-19 death toll in care homes, a charity head told RT. Read Full Article at

AIIB extends $50 mn loan to L&T Infra Finance for Renewable Energy

This is the first tranche of a $100 mn loan by the Bejing-based multilateral development bank; proceeds will be used to on-lend to large and mid-scale wind and solar power infra projects in India

TCS expands decade-long partnership with Tryg

TCS will provide mainframe hosting and operations, and implement a future-proof hybrid cloud architecture that leverages the TCS Enterprise Cloud platform to revitalize Tryg#39;s IT landscape and drive synergy across all areas of IT by bringing business agili

Lendingkart Finance CFO quits within months of joining

Mohit Bajaj who had joined last November is currently serving his notice period

Over 75% of India Inc CEOs think interest rate cut did not help their companies: Survey

The ECLG scheme, announced in May, provides support worth Rs 3 lakh crore to the MSME sector, which was severely impacted by the COVID-19 outbreak.

Moderna spars with US scientists over COVID-19 vaccine trials

Some of the disagreements have stoked concerns over the young biotech firm#39;s relative inexperience and what the sources described as its lack of staff and expertise to oversee the most critical phase of human trials.

CBSE cuts syllabus for Classes 9 to 12 by 30% as COVID-19 continues to disrupt classes

Nishank said this decision has been taken after discussions with students, teachers, CBSE board and other stakeholders.

Abbreviated pundit roundup: Trump clings to racism as he tries to revive flailing campaign

We begin today’s roundup with Jamelle Bouie’s analysis at The New York Times of Donald Trump’s latest campaign strategy — riling up his base with a “culture war”: Donald Trump made his name in Republican Party politics as a “birther,” a tr

What's the deal with the new rear wings in DTM?

Eagle-eyed observers had spotted certain DTM cars carrying oversized rear wings at last month’s pre-season test at the Nurburgring. While it initially appeared that manufacturers were trialing new aerodynamic aids during testing, it has since emerged that t

Haas took no «unnecessary risk» with cooling despite issues

Both drivers suffered overheating issues from early in the race, and both retired with brake failures, with Magnussen completing only 24 laps and his team mate managing 49.Steiner insists that the US-owned team hadn't anticipated any issues in the race in Aus

'I'm not messing around': Maria Sharapova back on court as fans told to don masks 'even if you look like DARTH VADER'

In an action-packed series of snapshots of her glamorous life in quarantine, Maria Sharapova has shown herself playing tennis, working out, battling crows in her garden, relaxing on a boat in California and wearing a mask. Read Full Article at

Best gaming keyboard for 2020: Razer, HyperX, Logitech and more - CNET

Upgrade from your standard keyboard and defeat your enemies -- or at least make losing more enjoyable with the finest switches, lights and knobs.

Rolls-Royce Wraith Kryptos Collection is designed for codebreakers - Roadshow

This special-edition Wraith is filled with secret messages, and only 50 will be sold.

Rolls-Royce Wraith Kryptos is filled with secret encrypted cipher messages - Roadshow

Only two people on Earth know the answer to this Rolls-Royce's secret codes.

The Tempest, in VR: Ticketed theater is heading to headsets - CNET

The latest experiment from Oculus and Tender Claws is immersive theater for the stuck-at-home set.

Bankers ‘playing financial Russian roulette’ until they ‘blow America’s head off’ – RT’s Keiser Report

Max Keiser and Stacy Herbert discuss the ‘conspiracy theory’ that capital markets are no longer free because the US Federal Reserve and other central banks control everything. Read Full Article at

Berlin’s Cavalry Ventures closes €80M, backed by DACH founders and EIF

Cavalry Ventures, the Berlin-based early-stage venture fund which was the lead inceptor into BRYTER, has closed its second fund of €80M, more than 3.5x the size of its maiden fund. Geared somewhat like a large Angel syndicate, Cavalry’s LPs tend to be act

Outlook for diagnostics industry favourable for growth: Dr Lal PathLabs

The company, in its Annual Report for 2019-20, stated that instances and situations like the COVID-19 outbreak further boost the importance of diagnostics as an integral part of healthcare system.

Crude oil futures slip 1.22%, Brent trades below $43 a barrel

In the futures market, crude oil for July delivery touched an intraday high of Rs 3,032 and an intraday low of Rs 2,994 per barrel on MCX.

Khabib's late father Abdulmanap Nurmagomedov to have home village in Dagestan renamed in his honor after seven days of mourning

The Dagestan village of Kirovaul, where Abdulmanap Nurmagomedov lived and was buried following his death last week, will be renamed in his honor once seven days of mourning have been observed, a local leader has announced. Read Full Article at

The Latest: 2 more badminton tournaments canceled

Two more badminton tournaments have been canceled in the revamped calendar because of the coronavirus pandemic

At least 21 killed, 15 injured as bus filled with school children veers off road, crashes into reservoir in China (VIDEO)

At least 21 people have died and 15 have been left seriously injured after a bus carrying high school students veered off a road, broke through a guardrail and sank into a reservoir in southwest China. Read Full Article at

Indian palm oil demand dips as food sector, households seek alternatives

The impact of the shuttered food courts and street vendors is compounded by reduced demand at retail stores

Exclusive | India likely to announce hike in duty on imports from China in next two-three months

In FY 2018-19, bilateral trade between China and India was worth $88 billion, with a trade deficit of $53.5 billion in China’s favour, the widest India has with any country

Economists call for more direct cash payments tied to the health of the US economy

The $600 supplement Congress added to weekly unemployment benefits are set to expire at the end of the month, leaving jobless Americans at risk of facing a cash cliff while jobs are still scarce.

Egypt, Jordan, France & Germany warn Israel on West Bank plans, want to restart its ‘engagement with Palestinians’

Read Full Article at

Adviser to Russian Space Agency chief arrested on suspicion of passing information to NATO intelligence

The adviser to the head of Russia’s space agency, Roscosmos, was arrested on Tuesday on suspicion of treason. Formerly a journalist, Ivan Safronov was working at Roscosmos for two months. Read Full Article at

‘Not high risk’: Bubonic plague outbreak in China is ‘well managed’ – WHO

The reported outbreak of bubonic plague in Mongolia and China is not considered to pose a high risk, the World Health Organization (WHO) has said, adding that it is closely monitoring the situation. Read Full Article at

ED registers case against GVK promoters under Prevention of Money Laundering Act

This development comes a week after the Central Bureau of Investigation (CBI) registered a case of cheating and forgery against the GVK Group, its promoter GVK Reddy, Sanjay Reddy, MIAL and nine other companies for causing a loss of Rs 705 crore to the govern

Instamojo charts revival story, hits cash flow positivity in July 2020

Looking to make net profits by the end of the current financial year.

Centre to come up with SOPs for shooting films in India in wake of COVID-19 pandemic: Prakash Javadekar

Speaking at the inauguration of #39;FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.
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