Apple iPhone 8 and 8 Plus: Upgrade gives you extra zing

I used to be in a quandary. The iPhone 8 (Rs 77,000 for 256 GB) and iPhone 8 Plus (Rs 86,000 for 256 GB) seemed way higher unshod, however understanding my propensity to drop phones, there was no way I may want to endanger the exceptional glass lower back. Shod inside the protective cases i used to be wearing two of Apple’s trendy creations, with out a soul inside the international having the ability to tell at the start glance if it turned into last yr’s version or this year’s.

First up, both phones appeared heavier than closing yr’s iterations. the brand new gold color turned into some thing I disliked when I saw Apple’s keynote; yet, I couldn’t but love the classy shade after I saw it in front of me. jogging iOS eleven out of the container, the phones booted up quicker and gave me the choice of setting them up using my 6S jogging iOS 11.

I noticed each telephones had a “actual Tone” setting, which basically units the display screen coloration based on ambient lighting. What this means is there’s much less stress on your eyes to modify to different lights situations (as I had found while analyzing appreciably on the iPad pro, which makes use of the equal technology, in the course of a recent ride). I study in direct sunlight and indoors and the Retina HD accomplished magnificently considering it’s an liquid crystal display display screen. the usage of the phones, i found calls to be loud and clean over a Reliance Jio network, at the same time as the speakerphone worked very well in crowded areas. also, taking note of tune on these telephones become a glad affair, supplied one set the equaliser right. at the iPhone 8 Plus, I binge-watched Season 3 of Fuller residence on Netflix and will nevertheless get thru the day on a single fee, with a few juice to spare.
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Silver rallies Rs 300 global cues, gold steady at Rs 30,750

Silver rallied by means of Rs three hundred to Rs forty,800 in keeping with kg at the bullion market on Friday, sponsored through a company fashion remote places and accelerated offtake by commercial devices.

Gold, however, held regular at Rs 30,750 consistent with 10 gram in scattered offers.

traders attributed the rebound in silver prices to nice international cues and select-up in demand from business gadgets at the home spot marketplace.

Globally, silver rose 0.69 in line with cent to $16.84 an ounce and gold 0.34 consistent with cent to $1,286.70 an ounce in ny in yesterday's exchange.

within the national capital, silver prepared traded better by using Rs 300 to Rs forty,800 in keeping with kg and weekly-primarily based delivery Rs 75 to Rs 39,740 in step with kg.

Silver coins, but, persisted to be traded at previous stage of Rs 74,000 for buying and Rs 75,000 for promoting of 100 pieces.

however, gold of 99.9 consistent with cent and 99.five in step with cent purity dominated flat at Rs 30,750 and Rs 30,600 in line with 10 gram, respectively. The precious metallic had lost Rs 250 the previous day.

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Ashok Leyland hits new high; stock surges 42% in H1FY18

Ashok Leyland restrained (ALL) hit a brand new excessive of Rs 121, up 3% on BSE, surpassing its previous excessive of Rs a hundred and twenty touched in last of week, after the rating company ICRA assigns credit score score for business paper issue with strong outlook.

“The ratings draw power from ALL’s strong enterprise danger profile marked by its sustained gain in market percentage in home Medium and Heavy business car (M&HCV) phase in current years and improvement in operational efficiencies following cost rationalization initiatives undertaken,” ICRA said in announcement.

at the same time as M&HCV sales volumes witnessed moderation in the course of Q1FY2018, restoration in call for is anticipated for ALL at some point of H2FY18 with in all likelihood boom in replacement call for led through upward push in infrastructure and rural spending, and popularity of recent product era, it added.

In September 2017, the stock rallied 13% after the company pronounced 25% general increase from 10,897 gadgets bought in August 2016 to 13,634 gadgets offered in August 2017. The growth become majorly pushed by MHCV phase which grew through 29% to 10,567 devices sold in August 2017 from 8,201 units sold in August 2016. LCV stated 14% boom from 2,696 units bought in August 2016 to three,067 units sold in August 2017. The S&P BSE Sensex is down 1% to date within the month.

to this point inside the first half of (April-September) of contemporary monetary yr 2017-18, the stock rallied forty two% from Rs 85 against 6% upward thrust in the benchmark index.

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RBI likely to hold rates on October 4 policy: Morgan Stanley

With the vulnerable GDP growth in the Jun-17 area, the talk on imparting stimulus to the economic system reemerged. however, the potentialities of a fee cut had been dampened by the August CPI inflation print of 3.4%, which surprised on the upside.

indeed, with inflation predicted to upward push closer toward the RBI's inflation target, we do now not suppose there is a lot room to ease monetary policy further. moreover, the ability monetary easing could should be evaluated within the context of its impact on inflation.

As non-public capex remains tremendously subdued, it has been recommended that further easing (inside the shape of decrease charges) will help boost growth. but, on this regard, the RBI has taken the view that movements to resolve the banking device's non-appearing loans will be key to fostering the healing in capex and credit demand areas in place of in addition fee cuts. This changed into most these days emphasized through the governor within the remaining MPC minutes, wherein he referred to that "decision of careworn balance sheets of banks, consequently, will stay important for reviving credit score call for and the funding cycle."

Taken together, we think this translates into an MPC vote of 5-1 to hold quotes on maintain even as preserving a impartial stance (Dr. Dholakia will possibly hold to press the case for in addition easing).

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22 killed, 30 injured in stampede near Mumbai's Elphinstone Station

At least 22 people have been killed and 30 injured in a MUMBAI STAMPEDE on foot overbridge linking Elphinstone Road and Parel suburban stations in Mumbai, according to ANI.

The cause of the stampede was being probed. Emergency relief and medical teams were rushed to the station.

"Of the injured 20 people have serious injuries, rest have minor injuries. Can't comment more right now," said Niket Kaushik, GRP Commissioner.

The tragedy took place amid rain in the city around 10.40 am when the foot overbridge was heavily crowded, a police official said. Railway PRO Anil Saxena said, "It seems all started when someone slipped because of the wet floor."

Police suspect a short-circuit with a loud sound near the FOB led to panic and people started running, resulting in the stampede.

Three persons were brought dead to the KEM Hospital in Parel. Besides, around 20 persons were injured and rushed to various hospitals, an official of the Brihanmumbai Municipal Corporation's disaster control room said.

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Amazon unveils new Echo devices to compete against Apple, Google

Manage the spinned words as you want..

Amazon.com Inc on Wednesday announced a variety of new voice-controlled Echo gadgets, as it gears up for new opposition in the class from Apple Inc .

At a press event at its Seattle headquarters, the arena's largest on-line store showcased new Echo devices, one tailor-made for gaming and one for phone calls. It additionally announced the small, round Echo Spot, suit for video-calling from a bedside table.

Amazon additionally announced the Echo Plus, aiming to make it less difficult for clients to put in connected homes so that it will command home equipment through voice.

"there's no apps. there's no abilties. It simply works out of the container," Senior vice president David Limp stated, contrasting the Echo Plus with the clever-home setup on preceding gadgets. The Echo Plus will cost $149 in the u.s..

The statement comes after Apple introduced its $349 HomePod speaker earlier this 12 months, marking its first move into a very new area in more than two years.

Apple has leapt ahead of friends within the beyond when it launched competing gadgets, and lots of are already acquainted with its voice-powered Siri assistant.

Market, rupee in free fall

The deteriorating economic outlook persisted to weigh on investor sentiment on Wednesday, with the fairness markets falling for the 7th straight consultation and the rupee plunging to a six-month low towards the dollar, as foreign budget persevered to pull out cash.

The benchmark Nifty fell 1.4 in step with cent on, taking its seven-day fall to four.1 according to cent.

The RUPEE five-day fall stretched to 2.4 per cent and it closed at 65.71 in opposition to the dollar, a level remaining visible on March 15. across-the-board selling was visible within the equity marketplace, with four shares declining for each one advancing at the BSE.

most Asian and emerging marketplace stocks and currencies won, indicating India’s fall became extra on account of home elements, specially on issues over monetary increase, the financial deficit, and corporate earnings.

reviews of the Indian armed forces conducting surgical strikes in Nagaland alongside India-Myanmar border additionally introduced to investor woes.

The BSE MidCap Index fell 2 in keeping with cent and the BSE 500 Index declined 1.6 per cent. each indices are down over 5 in keeping with cent within the remaining seven classes.

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Top 10 stocks Morgan Stanley recommends: Bajaj Finance, Maruti, ITC & more

MARKET - international brokerage Morgan Stanley expects the financials and consumption sectors to perform nicely within the next decade. It believes both the sectors will advantage share in the market on the rate of worldwide sectors.

"collectively the financials and client sectors ought to account for 63 % cent of India's marketplace by way of 2027, up from 47% currently, in large part at the expense of worldwide sectors which include software program offerings, pharmaceuticals, materials and power," stated Morgan Stanley In a document titled 'India's virtual leap - The multi-trillion-dollar opportunity'.

we've got picked ten shares among 13 that Morgan Stanley advocated to journey on India's digitisation story:

Bajaj Finance

Babaj Finance, which has received over a hundred in step with cent 12 months-to-date, is the favored pick of the global brokerage from its financials coverage. The inventory is a natural play on customer and SME financing increase given it has the highest exposure (over 90 per cent) to those segments as a proportion of the loan e book.

"Bajaj Finance (BAF) offers a diverse range of merchandise throughout each these segments. endured awareness on these segments has helped it deliver a sturdy 33 in step with cent EPS CAGR, with a mean ROE of 21 in step with cent in FY2014-17," it said.

Cement shares trade firm; ACC, Ambuja Cements up 3%

MARKET - Shares of cement corporations were buying and selling higher by way of as much as 7% on the BSE in midday deal on expectation of production recovery in October-December (Q3) zone of FY17.

The frontline cement shares like ACC, Ambuja Cements, India Cements, UltraTech Cement and Shree Cement have been up within the variety of 1% to 4% at 01:35 PM; in comparison to 0.06% upward push inside the S&P BSE Sensex. Sanghi Industries, Saurashtra Cement, NCL Industries, Mangalam Cement and KCP have been up between 2% to 5% on BSE.

For the length April‘17 to July’17, the cement production has declined by means of 3.5% to 95.37 million tonnes vs 98.87 million tonnes in the course of the equal period last year.

real estate and housing which constitutes -0.33 of the cement consumption has seen very low inventory addition as claimed with the aid of numerous enterprise sources.

CARE ratings expects the same to persist as clarity on RERA implementation could hold to conform at some point of the coming quarters. The newly carried out Act (RERA) along with the guidelines and compliances is making builders careful.
Infrastructure previously contributed for 13% of the overall consumption in India. With multiplied government spend and low interest in real property, Infrastructure’s share in cement consumption would inch upwards of 15% all through the modern fiscal 12 months. Roads and Public infrastructure improvement is predicted to push the demand for cement in the two coming quarters, the rating employer said in cement quarter replace.

HPCL, Indian Oil, BPCL hit 8-week low; HPCL falls 5% intra-day

Stocks of oil marketing businesses (OMCs) Hindustan Petroleum enterprise (HPCL), Bharat Petroleum enterprise (BPCL) and Indian Oil agency (IOCL) hit their respective eight-week lows at the BSE.

At 9:49 am, HPCL, BPCL and IOCL had been down within the variety of 2% to 3%, compared to 0.06% upward push within the S&P BSE Sensex. In past one month those three stocks have underperformed the marketplace by way of falling between 10% and 13% towards 1.9% decline inside the benchmark index.

some of the individual shares, HPCL has dipped 5% to Rs 397 on BSE in intra-day change after the media report endorse that credit score Suisse cuts rating on the stock.

OMCs have corrected by way of 13-14% from their 52 week highs as clamor grows over higher domestic retail prices, weaker gasoline consumption in Aug'17 and rising crude rate created a great storm.

Analysts at antique stock broker discover the correction as an possibility to add the names.

“The concerns are transitory as global Motor Spirit (MS) and excessive velocity Diesel (HSD) crack spreads have already started easing off (as US refinery utilisation improves), which in the end must replicate in domestic charges and b) healthy car sales over Jul'17 & Aug'17 have to pave way for higher future gas intake,” the brokerage firm said in a report.

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Amazon edges past Microsoft to become world's leading IaaS cloud provider

Amazon become the main supplier inside the Infrastructure-as-a-provider (IaaS) public Cloud services marketplace in 2016 with 44.2 per cent share, leaving Microsoft, Alibaba, Google and others a ways at the back of, marketplace studies company Gartner stated on Wednesday.

according to Gartner, the global IaaS public Cloud marketplace grew 31 consistent with cent in 2016 amounting to $22.1 billion -- up from $16.8 billion in 2015.

Amazon served the maximum customers across the broadest variety of use instances, from Cloud-native startups to mid-marketplace corporations to huge organisations.

"The market for Cloud services is developing faster than certainly every other IT marketplace today, with a great deal of this increase coming on the price of the traditional, non-Cloud services," stated Sid Nag, studies Director, Gartner, in a announcement.

"even as Platform-as-a-service (PaaS) and software-as-a-carrier (SaaS) also are exhibiting sturdy growth, IaaS is expected to expose the fastest boom over the following 5 years," Nag delivered.

but, Gartner anticipated that Amazon will witness boom erosion in proportion as the non-hyperscale vendors struggle to provide fee thru their services, at the same time as other IaaS marketplace leaders will see an growth in increase.

Den Networks, Hathway Cable gain over 5% on heavy volumes

MARKET  - stocks of cable television organizations Den Networks and Hathway Cable & Datacom rallied by means of upto 13% on BSE in otherwise vulnerable market on again of heavy volumes.

Den Networks surged 13% to Rs 99.15 on BSE on back of seven-fold soar in trading volumes after media document shows that Reliance Industries in talks to collect the employer.

The change has sought clarification from Den Networks Ltd on September 27, 2017 with regards to news regarded in www.economicstimes.com dated September 27, 2017 quoting "Reliance Industries in talks to collect Den Networks for a valuation of Rs 2,000 crore," BSE said in a announcement.

The reply is awaited, it brought.

At 11:09 am, the stock turned into trading 6% higher at Rs 93.45, compared to 0.52% decline inside the S&P BSE Sensex. A combined 2.83 million stocks modified hands on the counter on BSE and NSE up to now.

last week, Den Networks stated it has acquired country wide organisation law Tribunal (NCLT) nod for demerger of its broadband venture with its completely owned subsidiary.

Nifty PSU Bank index hits 8-month low; down 7% in one week

MARKET - shares of public sector banks (PSBs) continued to exchange under strain with Nifty PSU financial institution index falling 7% in the beyond one week on issues of the growth slowdown.

At 02:25 PM; Nifty PSU financial institution index, the biggest loser among sectoral indices, became down 2.8% at 3,034, compared to 1.2% decline in the benchmark Nifty 50 and 1.7% fall every in Nifty bank and Nifty private bank index.

Nifty PSU bank index hit its eight-month low of 3,030 at the country wide stock trade (NSE) in intra-day trade. The index was buying and selling at its lowest degree considering that January 23, 2017.

state financial institution of India (SBI), Andhra bank, Union bank of India, financial institution of India, Oriental financial institution of trade and financial institution of Baroda from the Nifty PSU financial institution index have been down inside the range of two% to 3%.

The rating agency CRISIL has trimmed its monetary 2018 boom forecast for India via forty foundation points to 7% from 7.4% in advance, after data for the primary quarter confirmed GDP (gross home product) boom at 5.7%, the slowest inside the past 3 years.

Hindustan Unilever extends fall: down 5% in two days

Hindustan Unilever (HUL) turned into down 2.4% to Rs 1,189 in intra-day exchange, extending Tuesday’s 2.3% fall on the BSE. the fast moving customer items enterprise (FMCG) on Monday, in investor presentation said that the early part of September area became stricken by diverse myths in trade.

but, the exchange scenario improving regularly with wholesale channel now stabilizing, it delivered.

The inventory has fallen 7.5% from its report excessive of Rs 1,286 touched on September 19, 2017. On evaluation, the S&P BSE Sensex changed into down 3% all through the identical duration.

“HUL control indicates no sizeable recovery in purchaser call for; however, 9% sales increase, coupled with benign input cost and fee-saving tasks could translate into 19% Ebitda/internet income boom every this area,” analysts at IIFL Institutional research said in a observe.

The business enterprise has no longer called out any revival in customer demand and given the low base in extent and CSD (Canteen stores branch) down stocking remaining area, the volume is a lackluster number. Analysts forecast 4-5% volume growth and 9% sales increase for HUL this area.

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Nifty outlook and top trading calls for today's trade: HDFC Securities

MARKET - Nifty outlook and top buying and selling ideas by means of Devarsh Vakil & Vinay Rajani, technical analysts (PCG desk) at HDFC Securities:

Nifty Outlook

Nifty has seen a pointy fall of more than 380 factors (3.75%) from 10,178 to 9,797 within the span of last six classes. Nifty has violated the essential support of 10, 20 and 50-DMA inside the remaining 3 classes. subsequent help for the Nifty is visible at around its one hundred-DMA, that is located around 9,730. previous bottom on the daily chart is visible at 9,685, which also can act as a aid. number one trend of the Nifty is bullish, but quick term trend has grew to become negative. it might be advisable for buyers not to provoke competitive longs until nifty surpasses the resistance of 10,000.

Purchase Atul auto

CMP: Rs 471

SL: Rs 448

Tgt: Rs 520

stock rate has damaged out from the symmetrical triangle on the long term weekly charts. short-term shifting averages have started out surpassing long-time period moving averages. inventory has began forming better tops and higher bottoms, indicating bullish momentum. Oscillators have been displaying electricity on quick to medium term charts. stock rate has corrected these days with exceedingly lower volumes, indicating brief time period correction in overall uptrend. considering the technical evidences discussed above we suggest buying the inventory among Rs 471 and Rs 455, for the goal of Rs 520, retaining stoploss at Rs 448.

Vivo V7+ review: Go for its decent selfie camera, 18:9 aspect ratio screen

The selfie-centric Vivo V7+ boasts two interesting features that are increasingly becoming mainstream among smartphones developed for young users – a screen with 18:9 aspect ratio, and a fantastic selfie camera.

With a growing charm for selfies among millennials, a lot of attention is being paid to the front camera – commonly referred to as the selfie camera – in newer smartphones. While the Vivo V7+ checks this box with a massive 24-megapixel front camera, its screen aspect ratio of 18:9 is also an attraction. China-based smartphone maker Vivo has been one of the first adopters of the 18:9 aspect ratio screen, which was introduced by LG in its flagship G6 early this year.

Business Standard reviewed the Vivo V7+ FEATURES and here are our observations:

Display
One of the key benefits of an 18:9 aspect ratio is that it allows a bigger screen to fit in a small chassis. The Vivo V7+ sports a 6-inch screen in a compact body, hardly bigger than that of a 5.5-inch smartphone. Unlike traditional screens with pointed edges, the next-gen screen in the V7+ has rounded edges resembling the curves of the phone chassis.

The screen is bright and the touch is super-responsive. However, what tempers the experience is its HD+ resolution (720 x 1440), insufficient to cover the 6-inch screen. The result: the screen looks pixelated and dull, more so while watching movies, TV series or other multimedia types. In games, too, the screen lowers the immersive experience.

Maruti Baleno to Hyundai Grand i10, top 10 car brands in India get stronger

When it comes to popular cars, Indian consumers are sticking to pretty much the same models this year as they did last year. The top 10 car models in terms of volumes so far this fiscal are the same ones as they were in the same period last financial year; perhaps indicating that these top car brand in the domestic market continue to get stronger and gain market share.

As expected, India's largest passenger car player Maruti Suzuki India Ltd (MSIL) has the most number of models in the top 10 - at seven, followed by two models from Hyundai Motor India and one from Renault.

Data collected from the Society of Indian Automobile Manufacturers (SIAM) shows that Maruti's bellwether car for years now stays strong in the No. 1 spot. Its sales rather grew an impressive 16.7 per cent between April to August 2017 over the same period last year on a high base of 92,970 units. The Alto brand launched in 2000 has crossed over 100,000 units in sales so far this year and continues to engage the customer.

Maruti's Baleno too has shown impressive growth, clocking almost 75 per cent year on year growth to 77,559 units this fiscal. Baleno sales were limited by capacity constraints which have eased out considerably after Suzuki Motors Gujarat's Mandal plant came onstream in February-March this year. In the third spot came in another popular MSIL brand Swift growing by 20 per cent.

Maruti posted robust sales figures of 152,000 units in passenger vehicles (PVs) in August, taking its market share to 50.87 per cent.

Hyundai's hatchback Grand i10 and the premium hatch Elite i20 have grown by 3.5 per cent and 11 per cent respectively year on year. Both the models have slipped a few spots though.

The Renault Kwid sales have faltered this year, dropping 21 per cent. It is the only car in the top 10 brands that has seen sales slip, but it still made it to the Top 10. Its ranking, however, slipped from the seventh spot in FY17 to 10th spot in FY18.
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BSE-500 underperforms Sensex in last five sessions; 45 stocks tank over 10%

The selling spree continued on Dalal Street amid weak domestic and global cues. As the S&P BSE Sensex and the Nifty50 shed over 2% in the last five sessions, there were at least 45 stocks on the BSE-500 that tanked over 10% during the same period.  

The Sensex lost 2.4% in the last five sessions beginning September 19, while the BSE-500 underperformed to slip 3.5% during the same period, data available with database AceEquity showed.  
Among individual stocks from the BSE-500 pack, Infibeam Incorporation, Indiabulls Real Estate, Jai Corp, Himachal Futuristic Communications, Indiabulls Ventures, and Religare Enterprises tanked between 15% and 22%.

Strides Shasun, Reliance Naval and Engineering, ACC, DHFL, BEML and NIIT shed between 10% and 13%.

On Tuesday, the BSE-500 was down marginally, while the Sensex dipped 170 points or 0.5% to 31,455 in intraday trade.

Experts belive the fall in individual stocks is not stock-specific but occurred on account of a broader sell-off in the markets triggered by an expected economic stimulus, which could have increased the fiscal deficit of the country, while the geopolitical tensions on the Korean peninsula also weighed.

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D-Mart hits new high; shares surge 18% in weak market on heavy volumes

Shares of Avenue Supermarts, which owns and operates D-Mart retail chain, on Tuesday, hit a new high of Rs 1,218, up 18% on the National Stock Exchange (NSE) in intra-day trade in an otherwise weak market on heavy volumes.

At 1:38 am, the stock was trading 17% higher at Rs 1,209, as against rangebound movement on the Nifty50 index. The trading volumes on the counter nearly doubled with a combined 1.5 million shares changed hands on the NSE and BSE so far.

According to media reports, the global financial services firm Goldman Sachs initiated coverage of the stock with ‘Buy’ rating and set a target price of Rs 1,586.

D-Mart which is promoted by veteran ace investor Radhakishan Damani rose 276% against its initial public offer (IPO) price of Rs 299 per share. The stock had ended at Rs 642 on its stock market debut on 21 March, 2017, and has rallied 75% since then. On comparison, the benchmark Nifty50 index gained 7% during the same period.

D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof. The Company offers a wide range of products with a focus on foods, non-foods (FMCG) and general merchandise & apparel product categories.

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Markets check: Buy Coal India, IndusInd Bank, BF Utilities

Nifty View:
The downslide has begun with now Nifty resting at a support of 9,850, a break of this would slide it further down to 9,750-9,600 levels. Nifty needs to cross 9,920 to confirm the end of correction. The support for the day is seen at 9,825 while resistance is seen at 9,920.
 
BUY COAL INDIA    
CMP: Rs 257.05    
TARGET: Rs 275    
STOP LOSS: Rs 245
The stock has made a higher bottom formation pattern at around Rs 248 in the daily chart and now has produced a positive candle pattern to show potential and strength to move further upward. The RSI has also indicated a trend reversal signaling a buy thus supporting our positive bias. With good volume participation witnessed, we recommend a buy in this stock for an upside target of Rs 275 keeping a stop loss of Rs 245.

BUY INDUSIND BANK    
CMP: Rs 1,701.70      
TARGET: Rs 1845  
STOP LOSS: Rs 1,640
The stock has been in a rising trend and has regularly taken support at the significant moving average of 34-WMA and currently again it has come to the level of the  34-WMA and is showing a positive bias with potential to rise further up. The stock looks attractive and with accompanied with decent volume participation, we recommend a buy in this stock for an upside target of Rs 1,845 keeping a stop loss of Rs 1640.

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Sony Xperia XZ1 with 19MP Motion Eye Camera launched in India at Rs 44,990

Sony India on Monday expanded its premium device portfolio with "Xperia XZ1" - the first smartphone with a 3D Creator for Rs 44,990.

The device boasts an industry-first 19MP "MotionEye" camera that has predictive "Hybrid AF" burst and predictive capture with face expression features.

The device features 5.2-inch full-HD HDR Sony's "Triluminous" display and "X-Reality" technology. The display is protected with Corning Gorilla Glass 5.

"Xperia XZ1" comes with 64GB inbuilt storage which can be expanded up to 256GB.

The smartphone has a fingerprint scanner embedded on the power button. It packs a 2,700mAh battery and is water and dust resistant with an IP68 certification.

The smartphone runs Android 8.0 Oreo operating system and houses a Qualcomm Snapdragon 835 SoC with 4GB RAM.
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Reliance Digital offers 70% buyback on iPhone 8 & 8 Plus, Rs 10000 cashback

Reliance Digital has announced a buyback offer wherein customers of the to-be-launched Apple iPhone 8 and 8 Plus would be "eligible for 70 per cent of the original purchase price as buyback amount on return of the device after a year". According to sources, customers can avail this offer at Reliance Digital or Amazon.in as well as MyJio, Jio.com and Jio Store.
 
Further, according to sources, Reliance Digital will offer customers who have pre-booked the phones between September 22 and September 29 a Rs 10,000 cashback on the day of the launch (September 29) if they use a Citibank Credit Card to purchase the devices.

Reliance Jio has also launched a tariff plan especially for iPhone 8. The Rs 799 plan provides 90 GB of data per month for postpaid users, over and above the free voice, SMS and complimentary subscription to Jio’s premium applications. The Rs 799 plan is also available for prepaid users with a 28-day validity.

Customers will be able to pre-order the iPhone 8 and iPhone 8 Plus beginning September 22 at Reliance Digital, Amazon.in, Jio.com and Jio Store, and both will be available in stores starting September 29.

Additionally, the iPhone X will be available for pre-order from October 27 and for purchase from November 3.

Novartis India slips 8% as buyback price disappoints

Novartis India slipped 8% to Rs 626 on BSE in the noon deals after the share buyback price announced by the pharmaceutical company disappointed the investors.

The company announced that its board has approved the buyback of 3.45 million equity shares representing 12.26% of the total paid-up equity share capital at a price of Rs 670 per share. The buyback price is 2% lower to its Friday’s closing of Rs 683 on BSE.

The buyback will be done on a proportionate basis through the tender offer and will cost Novartis India nearly Rs 231 crore.  The promoters also intend to participate in the proposed buyback offer.

As on June 30, 2017, promoters held 73.40% stake in Novartis India while the public held 26.6%.

In past one month, the stock had outperformed the market by surging 17% against 2% rise in the S&P BSE Sensex.

The trading volumes on the counter jumped more than three-fold with 130,000 shares changed hands on BSE against an average 42,000 shares were traded daily in past two weeks.

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These 13 stocks find no buyers even after up to 50% rally in one month

STOCK MARKET - Bombay Dyeing & Manufacturing, HEG, Hindustan Futuristic Communications (HFCL), Goa Carbon and Autolite (India) are among 13 stocks from the BSE ‘A’ & ‘B’ group that have seen no buyers on the counters after surging over 50% in the last one month.

Tainwala Chemicals & Plastics (India), SORIL Holdings and Ventures, Kamat Hotels, Goa Carbon and Bhagyanagar India only saw sellers on the counters.

Bombay Dyeing & Manufacturing was locked in lower circuit of 5% at Rs 193 on BSE. A combined 879,429 shares exchanged hands and there were pending sell orders for 939,268 shares on NSE and BSE.

In the past one month, the stock had zoomed 175% from Rs 73.75 to Rs 203 on Friday. The company with reference to increase in volume and price said that this is purely due to market conditions and absolutely market driven and the management of the company is no way connected with any such increase price/volume.

HEG too was locked in down circuit of 5% at Rs 990 on BSE. The stock had appreciated more than 100% in the past one month as the company expects recent industry consolidation in graphite electrode industry is to improve capacity utilization, going forward.

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Shoppers Stop up 20% as board approves preferential issue to Amazon

Shopper Stop surged 20% to Rs 500, also its 52-week high on BSE in the early morning trade, after the company said its board approved issue of 4.4 million equity shares to e-tail giant Amazon.com at price of Rs 407.78 per share on preferential basis.

“The Board of Directors approved the issue of 4.39 million equity shares of Rs 5 each of the company to Amazon.com NV Investment Holdings LLC, a foreign portfolio investor, at Rs 407.78 per share aggregating to Rs 179.26 crore, on preferential basis,” Shoppers Stop said in a regulatory filing to the BSE.

At 9:26 am, the stock was up 14% at Rs 477 on BSE, as compared to 0.57% decline in the S&P BSE Sensex. The trading volumes on the counter more than doubled with a combined 563,193 shares changed hands on the BSE and NSE.

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LG Q6+ with FullVision screen launched at Rs 17,990: Know features, specs

LG Electronics on September 20 launched the ‘LG Q6+’, a premium smartphone in LG Q-series, at Rs 17,990. The smartphone features 18:9 screen for enhanced multitasking, facial recognition for device safety and security and military grade aluminium build for durability. The phone will go on sale starting September 20 through retail outlets.

The LG Q6+ sports 5.5-inch fullHD screen with 18:9 aspect ratio screen, dubbed as FullVision. The FullVision screen feature in LG Q6+ is adopted from the flagship LG G6, which was the first LG phone to sport FullVision screen. With LG Q6+, the company is also offering one-time free screen replacement within six months.

The smartphone is powered by Qualcomm Snapdragon 435 processor, coupled with 64 GB internal storage and 4 GB RAM. On camera front, the LG Q6+ boasts a 13-megapixel primary camera and a 5 MP wide-angle selfie camera.

The device houses 3,000 mAh battery and runs Android 7.1.1 Nougat operating system out of the box.
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Amazon's Great Indian Festival vs Flipkart's Big Billion Days: Online sales begin today

It is time again to loosen your purse strings! With attractive deals and huge discounts across various categories on offer, almost all major e-commerce platforms are geared up to commence their sales for the festive season.

While e-commerce giant Flipkart and the online retail platforms it owns -- Jabong and Myntra -- will start with their five-day-long "Big Billion Days" sales from September 20, Amazon India's "Great Indian Festival" will begin exclusively for its "Prime" customers on the same day at 12 p.m.

However, the festival sale for all customers of Amazon India will be from September 21 to 24.

"For the first time ever, the Great Indian Festival will start early at 12 noon on September 20 only for 'Prime' members," Manish Tiwary, Vice President, Category Management, Amazon India, told IANS.

"We expect more customers to join the digital ecosystem and shop with us during this festive season. With expanded selection and a robust logistical support system, we are ready to handle the massive customer traffic that we are bound to receive this season," Tiwary added.

Amazon India will offer deals across several categories, including smartphones, tablets, laptops, large appliances, baby products, clothing and accessories, beauty products, home and kitchen products, furniture and stationery products.

IUC cut to dent margins of Bharti and Idea; bonanza for RJio, say analysts

Telecom stocks continue to trade mixed in noon deals with Bharti Airtel hovering at Rs 396 levels, up 0.4% and Idea Cellular down over 3% at Rs 80 levels. Both these stocks slipped up to 7% after the Telecom Regulatory Authority of India (Trai) cut termination charge for all mobile to mobile calls to 6 paise per minute from 14 paise effective October 1.

In addition, the telecom regulator has also said that the charges would come down to zero by the year 2020, meaning there won’t be any payment for calls landing on other telcos’ networks.

The move, analysts believe, will negatively impact margins of the incumbent telecom companies- Bharti Airtel and Idea Cellular. Reliance Jio, on the other hand, will stand to gain. They also believe that the ultimate beneficiary of the move will be the consumer that could end up paying less for voice calls. Since the usage is moving more towards data, with interconnect charges seeing a steep cut and sharp growth in data uptake, incumbents will introduce more (data and voice) bundled plans going ahead.

Here is a quick compilation of how leading brokerages and research houses have reacted to the development.

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Bharti Airtel recovers after initial fall; RIL at new high as TRAI cuts IUC

Bharti Airtel recouped losses in noon deals to trade at Rs 395 levels after falling nearly 6% to Rs 370 on the Bombay Stock Exchange (BSE). Idea Cellular, on the other hand, continued to trade 2.4% lower at Rs 81 levels.

Both these stocks were hammered after the Telecom Regulatory Authority of India (TRAI) cut termination charge for all mobile to mobile calls to 6 paise per minute from 14 paise effective October 1.

That apart, in two years, the charges would come down to zero, meaning there won’t be any payment for calls landing on other telcos’ networks. The decision came in post market hours on Tuesday.

Following the development, Idea Cellular slipped 7% to Rs 76.85, while Bharti Airtel was down 6% to Rs 370 on the BSE in morning trade.

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SBI Life Insurance IPO opens today. Should you invest?

SBI Life Insurance Company Ltd is the India’s largest private life insurer in terms of new business premium (NBP) generated in each fiscal year since FY10. It has also increased its market share of NBP generated among private life insurers in India, from 15.9% in FY15 to 20% in FY17. Over FY15-17, the company’s NBP increased by 35.5% CAGR, which is the highest among the top five private life insurers (in terms of total premium in FY17) in India.

The company's maiden issue opens for subscription today. At the IPO price band of Rs 685-700, the stock is available at P/IEV multiple of 4.2x FY17 (post issue) at the upper end of the price band. Post issue market capitalisation is at around Rs 70,000 crore.

So, should you subscribe to the issue? Here's what leading brokerages and research houses suggest.

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Will iPhone X hurt iPhone 8 and 8 Plus sale? Here's what experts say

As Apple gets ready to ship iPhone 8 and 8 Plus before it opens iPhone X for pre-orders, a top analyst with Taiwanese business group KGI Securities has warned that iPhone X will cannibalise iPhone 8 orders.

According to Ming-Chi Kuo, the most famous analyst with KGI Securities when it comes to Apple, it is very likely that iPhone X demand will cannibalise iPhone 8 pre-orders.

"While it takes three to six weeks or more to ship new iPhone models after they are available for preorder, they see the iPhone 8 taking less than one to two weeks. This is due to the iPhone X cannibalisation," streetinsider.com quoted the analyst as saying late on Monday.

Apple unveiled both iPhone X and iPhone 8 models, with the "super-premium" iPhone X starting at $999.

Ming, however, said the new Apple Watch Series 3's (GPS + Cellular version) could be a runaway hit.

"We estimate the preorder weighting of the GPS + Cellular version is 80-90 per cent. While not available in all countries, most users have pre-ordered the GPS + Cellular version because it offers phone and internet access functions without an iPhone and given the low premium of $70 over the GPS version," the analyst predicted.

According to the Verge, while Apple Watch shipments are well below iPhone shipments, investors should start keeping tabs on this new product, with shipments expected to surge much higher than previous generation models.

Apple iOS 11 to launch today: Here are key features coming to iPhone, iPad

Apple will on Tuesday released the the iOS 11, which it had unveiled on June 5, for iPhone, iPad, iPod Touch users. The new iteration of the operating system makes a complete shift from the previous versions and now utilises latest technologies like artificial intelligence and virtual reality to power the OS. Here’s a quick look at the top features of iOS 11, time of the new software will release, and the full list of compatible devices.

New features of iOS 11:
Customisable dock, files app and drag & drop make iPad even more powerful

iOS 11 Photo: Apple The iOS 11 makes multitasking on iPads even more powerful, with a new customisable dock that provides quick access to frequently used apps and documents from any screen, and a redesigned app switcher makes it easier to move between pairs of active apps, used in Split View and now Slide Over. The new files app keeps everything in one place, whether files are stored locally, in the iCloud Drive or across other providers like Box, Dropbox and more. And, with drag
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ICICI Lombard IPO gets fully subscribed, bidding ends later today

Indian insurer ICICI Lombard's initial public offering of shares to raise as much as 57 billion rupees ($888.40 million) was fully subscribed early on the last day of the sale on Tuesday, stock exchange data showed.

As of 0515 GMT, the sale had received bids 1.03 times the number of shares on offer, according to data from the BSE and the National Stock Exchange.

The company's two main shareholders - ICICI Bank Ltd and Canada's Fairfax Financial Holdings Ltd - are selling a combined 86.2 million shares, or a 19 percent stake, in what is the first Indian IPO by a non-life insurer.

Bidding for the sale closes later on Tuesday.

Exchange data showed qualified institutional buyers had bid for 2.37 times the shares on offer for that category, while retail investors had bid 0.62 times, shareholders bid for 0.58 times and non-institutional investors bid 0.10 times.

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Derivative strategy on Coal India by Motilal Oswal Securities

Option strategy on Coal India by Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Securities:

Strategy:
COAL INDIA - BULL CALL SPREAD
BUY COAL INDIA 260 CALL
SELL COALINDIA 270 CALL
BEP : 263.50

MAX RISK : 3.50 POINTS (Rs.5950)
MAX REWARD : 6.50 POINTS (Rs.11050)

Rationale:
1) It has bottomed out after the weakness of last six months
2) Managed to hold above 250 zones
3) Given the highest daily close in last eight weeks
4) Call unwinding at 260 strike suggests an up move
5) Maximum Put OI at 250 strike could support the stock
6) Thus Bull Call Spread is recommended to trade the positive to range bound move

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Tata Group shares in focus after huge block deals; Tata Motors up 4%

Shares of select Tata Group companies such as Tata Motors, Tata Chemicals and Tata Global Beverages were in focus and rallied by up to 4% on BSE in early morning trade after a huge block deals executed on these counters.

Tata Motors has rallied 4.5% to Rs 424 on BSE in intra-day trade. Till 09:29 AM; a combined 55.85 million shares representing 1.93% of total equity of Tata Motors have changed hands on BSE and NSE.

Tata Global Beverages was up 2% at 218 after 43.19 million or 7% of total equity of the company changed hands on BSE via block deals.

On Tuesday, September 12, 2017, Tata Global Beverages said that Tata Sons will acquire up to 43.1 million shares or 6.84% stake in Tata Global Beverages from Tata Chemicals as a part of restructuring of its investment portfolio.

The transaction is expected to be executed on or after September 18, 2017 at or around the prevailing price on the date of proposed sale, it added.

The funds received from this sale will allow Tata Chemicals to focus its investments in strategic growth areas in consumer foods and specialty products.

Tata Chemicals too up 1% to Rs 649 on BSE after Tata Sons bought 10 million shares of the company from Tata Global Beverages.

“The company proposes to sell up to 10.5 million equity shares of face value of Rs 10 each of Tata Chemicals to Tata Sons. The transaction is expected to be executed on or after September 18, 2017 at or around the prevailing price on the date of proposed sale,” Tata Chemicals said in regulatory filing.

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Airtel offers 60 GB free data plan for 6 months: All you need to know

India’s leading telecom operator Bharti Airtel is offering 60 GB additional data valid for six months to postpaid subscribers. To make it convenient for prospective subscribers, the telecom giant is also offering free home delivery of postpaid SIM card.

According to the terms and conditions, postpaid subscribers enrolled on Airtel Infinity Plans, which start from Rs 499, can avail 10 GB additional data per month for six consecutive months. Also, the company is offering data carried forward option that allows subscribers to carry forward their unused data to next billing cycle.

The telecom operator has also been offering 30 GB additional data valid for 3 months to its postpaid subscribers.

Here is a step-by-step guide on how to avail a new postpaid connection and get additional data benefits from Airtel:

Step 1: Click here to go to Airtel website and look for the banner that reads ‘Get new connection’

Step 2: Choose from available plans and click next (Bonus data offer is valid on plans starting from Rs 499 onwards)
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Want to buy new iPhone 8 & iPhone 8 Plus? Here's Apple's India plan

Apple has updated its marketing and sales strategy to make an impact in India, the world’s third largest mobile phone market after China and the US.

The iPhones shipment used to reach Indian shores after a huge time gap and the actual sales of devices used to start even later. This time, the new iPhone 8 and iPhone 8 Plus will launch in India just a week after the US launch. The premium iPhone X will be rolled out in India along with the international roll out.

What else has changed is the launch timings. The new iPhone 8 and iPhone 8 Plus will go on sale starting September 29 at 6 PM, unlike the previous iPhone launches that used to go on sale at midnight in India. Apart from online sales through e-commerce platforms, the new iPhones will be available for purchase through offline retail stores and the sale will commence at the same time through online and offline channels.

To market the launch of much-awaited devices of the year, Apple has pooled in more than 10,000 retailers country-wide to ensure timely availability of the new products for prospective buyers. Also, the new iPhones will launch along with cashback offer on Citibank cards, which assures Rs 10,000 cashback on iPhone 8 and iPhone 8 Plus and Rs 15,000 cashback for customers who buy the iPhone along with Apple Watch Series 3 together.

Indiabulls Real Estate slips 7% post huge block deals

Indiabulls Real Estate dipped 7% to Rs 232 in intra-day on BSE after more than eight percentage points of total equity of real estate developer changed hands in multiple block deals.

At 10:36 am, the stock was trading 5% lower at Rs 238 on BSE and NSE. A combined 41.89 million shares representing 8.8% of total equity of Indiabulls Real Estate have changed hands on both the exchanges, data shows.

The name of the buyers and sellers were not ascertained immediately.

The promoter group entity IBREL IBL Scheme Trust had sold its entire of 8.99% in the company through open market in past two months.

“IBREL IBL Scheme Trust, of which Indiabulls Real Estate (the Company) is the sole beneficiary, has sold 33 million shares or 6.99% stake of the Company, on 22nd June 2017 at the stock exchanges, and has realised approx. Rs 662.83 crore at an average price of about Rs 200.85 per share,” Indiabulls Real Estate had said in a BSE filing.

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Bajaj Auto hits record high; market-cap crosses Rs 90,000 crore

Bajaj Auto hit a record high of Rs 3,129, up 3.5% on BSE in intra-day trade to regain its status as the country’s most valued two-wheeler company in terms of market capitalisation (market-cap).

The stock surpassed its previous high of Rs 3,122 touched on September 9, 2016 in intra-day trade.

The market-cap of Bajaj Auto crossed Rs 90,000 crore mark today, after a sharp 7% rally in the last two trading sessions.

With a market-cap of Rs 90,225 crore, Bajaj Auto now stands ahead of Eicher Motors, maker of Royal Enfield motorcycles, which quoted market-cap of Rs 88,514 crore, at 11:54 AM, the BSE data showed. On July 31, 2017, Eicher Motors had surpassed the Bajaj Auto to become the most valued two-wheeler company in terms of market-cap.

Thus far in the September month, Bajaj Auto has outperformed the market by gaining 11% after the company reported 2.98% increase in total sales in the month of August, due to higher export sales. On comparison, Eicher Motors was up 3.5%, while the S&P BSE Sensex gained 2.4% during the period.

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Market check: Buy Havells India, Tata Motors, United Spirits

Few trading ideas by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking:

Nifty Outlook:
Finally, after a consolidation of nearly three to four weeks, our markets showed some encouraging movement as we saw the Nifty marching towards its record high of 10,137.85. In fact, couple of valiant attempts to traverse this hurdle was turned down. Eventually, the Nifty managed to close firmly a tad below the 10,100 mark. The kind of activity we are observing since last three days is quite obvious as traders seemed a bit unsure whether the market has that much strength to cross record highs or not. Hence, the next round of momentum in the upward direction is possible only after surpassing this hurdle. Until then we are likely to witness a similar kind of uncertainty in a range of 10,000-10,138 with slightly higher volatility. A sustainable move below the 10,000 mark would apply brakes on the recent optimism. At present, one needs to closely keep a track of these important levels on the index and meanwhile, keep focusing on individual stocks in order to obtain better trading opportunities. A prudent strategy would be to stay light on positions and should ideally be prepared with a proper exit strategy.

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WhatsApp may soon allow you to withdraw sent messages

Have you faced a situation when you sent a message to someone by mistake on WhatsApp and then regretted? Instant messaging services can be tricky – while they allow you to express yourself freely and instantly, they can also lead to embarrassment. Well, you need not worry anymore. A new WhatsApp feature might now let you recall an uncomfortable message. The popular messaging app is rumoured to soon roll out the much-anticipated ‘delete for everyone’ feature, for both the Android and iOS platforms.

According to tweets by WABetaInfo, a fan site that tests new WhatsApp features, the instant messaging service, which has over 1.2 billion monthly active users, is finally testing this feature and will remotely enable it soon.

What is this feature all about?

Technically, the new 'Delete for Everyone' feature will let users ‘unsend’ messages. You will have five minutes from the time when you sent the message to delete it – only if the message is not opened.

At present, WhatsApp, available in 50 languages, including 10 Indian, shows a single tick when the message is sent successfully and a double tick when it is delivered. This might change soon with this new WhatsApp feature, reportedly under testing.
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Will my smartphone get Google Android Oreo? List of devices that get update

Google in August announced Android 8.0 Oreo and released a list of smartphone manufacturers that will be updating their devices soon. The Pixel and Nexus devices will be the first among the first smartphones to receive the update and Google has already confirmed that the carrier testing is underway and the devices will receive it soon.

Here are the smartphones that that will receive the update:

Google
Google Pixel
Google Pixel XL
The upcoming Pixel devices, which are launching on October 4 are expected to run Google Oreo 8.0 out of the box.

Nexus
Nexus 5X
Nexus 6P

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Gold prices dip by Rs 100 to below Rs 31,000 mark on weak demand

Gold prices declined by Rs 100 on Friday to Rs 30,900 per 10 gram at the bullion market as demand from jewellers and retailers eased locally amid weak trend overseas.

However, silver recovered by Rs 100 to Rs 41,600 per kg on scattered enquiries from industrial units.

Traders said apart from a weak trend overseas, fall in demand from local jewellers and retailers at prevailing levels, mainly weighed on gold prices.

Globally, gold fell 0.20 per cent to $1,326.30 an ounce in Singapore.

In the national capital, gold of 99.9 and 99.5 per cent purity fell by Rs 100 each to Rs 30,900 and Rs 30,750 per 10 grams respectively. The precious metals had climbed Rs 650 on Thursday.

Sovereign, however, remained unaltered at Rs 24,700 per piece of eight gram.

On the other hand, silver ready recovered by Rs 100 to Rs 41,600 per kg, while weekly-based delivery regained the Rs 41,000-mark by rising Rs 190 to Rs 41,120 per kg.

Silver coins, however, continued to be asked at the last level of Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.

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Britannia, Bombay Burmah hit new high; Bombay Dyeing up 133% in one month

Shares of Wadia Group Companies are on roll with Britannia Industries and Bombay Burmah Trading Corporation hitting their respective record highs, while Bombay Dyeing & Manufacturing Company has appreciated over 100% in the past one month on the BSE.

Bombay Burmah Trading Corporation has gained 11% to Rs 1,188 on back of more than two-fold jump in trading volume. The company engaged in tea & coffee business has rallied 36% from Rs 871 on August 3, after it reported a good set of numbers for June quarter (Q1FY18). The company’s net losses narrowed to Rs 1.69 crore in Q1FY18 from Rs 3.67 crore in a year ago quarter.

Bombay Dyeing, on the other hand, is locked in upper circuit of 5% at Rs 175 on the BSE. The stock has no sellers on the counter. A combined 1.86 million shares changed hands and there were pending buy orders for 1.36 million shares on BSE and NSE.

The company’s net loss had narrowed to Rs 33 crore in Q1FY18, against loss of Rs 44 crore in a year ago quarter. Its revenue for the Q1FY18 came in at Rs 623 crore, registering 31% Year on Year (YoY) increase. This was primarily driven by 137% YoY increase in revenues from real estate segment. Earlier, this month, it sold 48.457 acres of freehold land situated at district Pune, Maharashtra for Rs 13.57 crore.

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ONGC, Oil India trade firm on rising crude oil prices

Shares of Oil and Natural Gas Corporation (ONGC) and Oil India were trading higher by up to 4% on BSE in otherwise subdued market on rising crude oil prices as demand outlook brightens.

ONGC rallied 4.4% to Rs 166, while OIL India gained 2% at Rs 325 on BSE in intra-day trade on Friday. So far in the calendar year 2017, ONGC (down 17%) and Oil India (down 6%) had underperformed the Sensex, which gained 21% till Thursday.

US West Texas Intermediate crude briefly broke above $50 on Thursday, hitting a four-month high, and finished 1.2% higher at $49.89, its highest close since July 31.

“US crude is on track for a nearly 5% gain this week, buoyed by the return of refineries after Hurricane Harvey and stronger indications of demand. Brent is heading for a 2.6% gain and a third consecutive weekly rise,” the Reuters report suggests.

The Organization of the Petroleum Exporting Countries (OPEC) this week forecast higher demand for its oil in 2018 and pointed to signs of a tighter global market, indicating its production-cutting deal with non-member countries is helping to tackle a supply glut. That was followed by the IEA saying the global oil glut was shrinking thanks to strong European and U.S. demand, as well as production declines in OPEC and non-OPEC countries, added reported.

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Amazon opens India's first fashion imaging studio 'Blink' in Gurgaon

After the successful launch of the Fashion Studios in New York and London, Amazon launched the largest standalone Fashion Imaging Studio, Blink in India in Gurgaon.

Spread over 44,000 sq. ft. with state-of-the-art digital imaging facility, the studio is first of its kind in India and only third of its kind globally by Amazon, said a statement.

In addition to 16 individual high-tech photography bays, the studio also has a large editorial suite, video editing facilities and creative spaces.

Established as a Center for Creative Excellence, the studio will enable Amazon Fashion to creatively collaborate with Fashion brands and partners to produce lakhs of high-quality images for its fashion merchandise every year.

"At Amazon, we are always thinking about how we will raise the bar, how we will redefine the way the customer discovers, engages with, and shops for fashion online. All of our efforts we've made for this studio in terms of technology, scale and talent are designed to deliver high-quality imagery that inspires and educates our customers," said Arun Sirdeshmukh, Head, Amazon Fashion India.
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Never mind the iPhone X, battery life could soon take a great leap forward

Another suite of Apple iPhones, another media frenzy. Much has been written about the $999/£999 iPhone X, the demise of the home button, the “face ID” function, wireless charging and so on. Somewhere down the list of improvements was extra battery life, at least for the iPhone X, thanks to its new souped up A11 bionic processor.

Apple says the new device will charge for up to two hours more than the iPhone 7, suggesting 14 hours of internet use, for instance. Battery life on the iPhone 8, on the other hand, appears to be about comparable with its predecessor. Wireless charging, to which Apple is late to the party, makes no difference to the amount of power devices can store.

Improvements to batteries are usually a key part of smartphone launches, as you would expect for one of the major specifications on which consumers judge new devices. Samsung had much to say on this subject when it launched the Galaxy Note 8 last month – albeit less about extending battery life than ensuring no repeats of the flaws in Note 7s that made them prone to catch fire.

Yet several decades into the mobile computing revolution, even the best products are still relatively limited in how long they can function on a single charge. The original iPhone was good for eight hours of internet browsing, for example, so Apple’s devices have only advanced modestly in ten years.
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Sebi orders forensic audit of 3 firms as clampdown on shell cos continues

Markets regulator Sebi has ordered forensic audit of three firms -- Trinity Tradelink, Info-Drive Software and Edynamics Solutions -- which figure among 331 suspected shell companies that are under its scanner.

These are in addition to Sebi ordering forensic of four other such firms -- IRIS Mediaworks, Hit Kit Global Solutions, Kavit Industries and GV Films.

In three separate orders dated September 13, Sebi has observed that prima facie Edynamics Solutions Ltd (ESL), Info-Drive Software Ltd (ISL) and Trinity Tradelink Ltd (TTL) were involved in misrepresentation of books of accounts.

In the interest of investors, it said, the regulator believes that financials of these companies should be independently audited to establish their genuineness.

Accordingly, Sebi has asked exchanges to appoint independent auditors to conduct forensic audit of these firms for verification, including their credentials/financials.

Besides, promoters and directors of the firms have been allowed only to buy securities of these companies. However, the shares held by them in these firms would not be allowed to be transferred for sale, by depositories.

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