Ball tampering: Aus coach Darren Lehmann to quit after 4th Test; updates

Ball tampering - The head coach of Australia, Darren Lehmann is set to quit as head coach of Australia at the end of the current Test series against South Africa, according to a BBC report.

Earlier, a tearful Steve Smith on Thursday took full responsibility for the ball-tampering scandal in South Africa that has left the reputation of the Australian team in tatters. The Australian captain could not control his emotions during the interview and said, “If any good is to come from this it can be a lesson for others and I hope I can be a force for change."

Apologising for his mistake in the ball-tampering scandal, Smith said, "I don’t blame anyone. I’m the captain of the Australian team. It’s on my watch and I take responsibility for what happened last Saturday."

His teammate Cameron Bancroft also apologised for his role in the scandal. "I want to say that I'm very sorry ... I'm very disappointed and I regret my actions ... It is something I will regret for the rest of my life," the opener stated.

Too late for Facebook to regulate itself, says Apple's Cook on data breach

Facebook should have had regulated itself long back but it's too late for that now, Apple CEO Tim Cook has reiterated.

In an interview with Recode and MSNBC scheduled to be aired on April 6, Cook also made a harsh rebuke of Facebook CEO Mark Zuckerberg and others who use customer data to make revenues.

Cook said he would prefer that Facebook and others would have curbed their use of personal data to build "these detailed profiles of people... patched together from several sources".

"I think the best regulation is self-regulation. However, I think we're beyond that here," Cook said.

"The truth is, we could make a ton of money if we monetised our customer a" if our customer was our product. We've elected not to do that," the Apple CEO added.

On a question that what would he do if he were Zuckerberg, he said: "I wouldn't be in this situation."

With the Cambridge Analytica scandal revealing massive Facebook data misuse, Cook earlier called for more measures to ensure user data protection.

At the annual China Development Forum in Beijing, he said: "I think that this certain situation is so dire and has become so large that probably some well-crafted regulation is necessary".

Aadhaar-welfare schemes linking extended by 3 months; here's how to do it

The government on Wednesday extended by three months to June 30 the deadline for linking of Aadhaar with welfare schemes, where the benefits are funded from the Consolidated Fund of India.

The earlier deadline for the same was March 31, 2018.

The Ministry of Electronics and IT, in an office memorandum issued today, informed about the extension of the stipulated date for the linkage to June 30.

The Central Board of Direct Taxes (CBDT) on Tuesday extended the last date for linking of Aadhaar with Permanent Account Number (PAN) from March 31, 2018, to June 30, 2018.
The order said the deadline for PAN-Aadhaar linking for filing I-T returns is being extended after "consideration of the matter".

It is understood that the latest order by CBDT has come in the backdrop of the Supreme Court, earlier this month, directing extension of the March 31 deadline for linking Aadhaar with various other services.

CBSE paper leak: Students protest in Delhi, want re-exam for all subjects

CBSE paper leak, re-examinations, student dejection: These are some of the words hanging fire over students and their parents as the Central Board of Secondary Education (CBSE) has announced re-examination for the Class 10 maths and Class 12 economics subjects amid reports of paper leaks. Students on Thursday protested the CBSE paper leak at Jantar Mantar, raising slogans of "we want justice". The fresh dates for the two re-examinations shall be announced before the end of the week. The CBSE complaint to the Delhi police has named a Rajinder Nagar coaching institute head as a possible source of the paper leak. Meanwhile, the Delhi police has been carrying out raids over the CBSE paper leak.

Human Resource Development (HRD) Minister Prakash Javadekar has said a new leak-proof system would be put in place for conducting board exams. Seeking to reach out to parents and students worried over the alleged incidents of repeated leaks, Javadekar said he had spoken to Prime Minister Narendra Modi and apprised him of the developments. With the help of technology, the government would put in place a system "which is so foolproof that there is no leak", Javadekar added.

Top stocks of FY18: HEG rallies 1,343%; Graphite India up 573%

The S&P BSE Sensex gained 12 per cent in financial year 2018 (FY18), compared to a 16% rise in the previous corresponding period. Among individual stocks, around 20 scrips in the S&P BSE 500 index surged over 100 per cent in FY18.

The top gainers of FY18 include HEG that rallied 1,343 per cent, followed by Graphite India and Indiabulls Ventures that gained 573 per cent and 324 per cent respectively, Ace Equity data show.

Some of the other stocks that more than doubled investors’ wealth in FY18 include Avanti Feeds, Sterlite Technologies, Radico Khaitan, Indiabulls Real Estate, Avenue Supermarts, Nocil, NIIT Technologies, V-Mart, Adani Transmission and Rain Industries.

HEG had reported a robust performance during the first nine months (April-December) of current financial year 2017-18 (FY18), posted net profit of Rs 4,473 million. It had reported a net loss of Rs 466 million during the same period of FY17 and loss of Rs 500 million in entire FY17.

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MARKET WRAP FY18: Sensex gains 12%; PSU banks biggest losers

The year 2017-18 saw the bulls losing their steam, with the S&P BSE Sensex rising 12 per cent, compared with a 16 per cent rally in FY17. On the other hand, the Nifty50 index gained 11% in FY18, as against 18% in the previous corresponding period.

Mid-and small-caps, however, outperformed their larger peers as money – both local and foreign – poured in. While the BSE Mid-cap index gained 14%, the Small-cap index rallied 20% during FY18.

Market started losing momentum soon after the Budget on selling by FIIs as well as domestic investors weighed on Indian markets. The surprise announcement of Long Term Capital Gains (LTCG) tax caught both domestic as well as foreign investors by surprise. Rising inflation, muted macro data, dull corporate earnings and also detection of frauds in public sector banks dampened sentiment.

At the global level, faster tightening by US Federal Reserve, eruption of a trade war between the US and China and rising crude oil prices added to the woes, which analysts feel will still remain key monitorables in the next financial year.

CBSE to reconduct Class 12 Economics, Class 10 Maths exam; Modi concerned

CBSE paper leak: The Central Board of Secondary Education (CBSE) board exam students will have to take Class 10 mathematics and Class 12 economics exams again, as the board has decided to reconduct these tests after reports of paper leak, said CBSE board on Wednesday. The dates for the retest will be announced on the CBSE website within a week, the board said.“The Board has taken cognizance of certain happenings in the conduct of certain examinations, as is being reported. With a view to upholding the sanctity of the Board examinations and in the interest of the fairness to the students, the Board has decided to re-conduct the examinations in the subjects,” a CBSE statement said.On March 26, Class XII CBSE students were left appalled following the rumours of their Economics paper being leaked on social media hours before the examination. Reports of the question paper being leaked circulated through social media and WhatsApp several hours before the time of the exam. However, CBSE board waived aside the claims.

Railways jobs 2018: 100,000 vacancies, 5 days left! All you need to know

If you are looking for a government jobs, it might interest you to know that Indian Railway jobs has announced over 100,000 vacancies. The PSU behemoth on Monday said the online exam will be held for about 90,000 posts in group C and group D and for 9,500 openings in the Railway Protection Force.

India's biggest recruiter has received over 20 million (2 crore) applications for about 100,000 vacancies, with five days still remaining for the online registration to end.

"Till date, over 20 million candidates have applied for the posts and the number will rise further as five more days remain before the deadline comes to an end," said a Railway Ministry official.

For assistant loco pilots and technicians alone, over five million online applications have been received, the official said.

There are 26,502 loco pilot and technician posts and 62,907 Group D vacancies open for recruitment.

Vistara passenger 'molested' air hostess in Lucknow-Delhi flight; arrested

In a shocking incident, a 62-year-old passenger allegedly molested a cabin crew member of Air Vistara. A Vistara spokesperson said: “A member of our cabin crew operating flight number UK 997 from Lucknow to Delhi on March 24, 2018, reported an incident of sexual harassment by a passenger. Vistara does not tolerate abusive or unruly behaviour by passengers that puts the safety of its staff and other customers at risk, or compromises their dignity. We have reported the matter to the police and other relevant authorities."

Accused Rajeev Vasant Dani was arrested by the Delhi police from the airport itself after the complaint was lodged. Vistara also informed that it was "fully committed to providing cooperation to all the authorities" probing the case. The accused passenger was arrested earlier in the day, after an FIR was registered in Delhi. Here are some of the key updates related to the case involving a 62-year-old passenger allegedly molesting an Air Vistara crew member: 1. No-fly list: The 62-year-old Pune resident might be the first person to be recommended by an airline to be put on the recently enforced no-fly list (NFL). 

Buy Godrej Agrovet, JM Financial: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW
Nifty maintained the positive run for the second day but only a decisive move above the 10,250-10,300 range would bring about a positive conviction and we can anticipate further upward rally. As said earlier, the level of 9,950 would act a important support level. However, the support for the day is seen at 10,120 while resistance is seen at 10,240.

Being the expiry of F&O Derivative segment, we anticipate volatility in the market.
BUY GODREJ AGROVET
CMP : Rs 650.75
TARGET : Rs 710
STOP LOSS : Rs 620
The stock has formed a higher bottom formation pattern in the daily chart taking support at the significant 34 WMA and is showing a positive bias and with the RSI indicating a trend reversal, the chart looks attractive for further rise from here on. We anticipate the stock to scale upwards till 710 levels and with good volume participation witnessed, we recommend a buy in this stock for an upside target of 710 keeping a stop loss of 620.

Fortis Healthcare falls on board nod to demerge hospital biz into Manipal

Fortis Healthcare has dipped 10% to Rs 128, extending its Tuesday’s 4% decline on the BSE, after the company said that it has decided to demerge hospital business into Manipal Hospitals, promoted by Dr Ranjan Pai and backed by TPG.
Fortis Healthcare shareholders will receive 10.83 shares of Manipal Hospitals for every 100 shares held in the company.

Due to this deal, Manipal Hospitals will also get listed on the bourses.
The Board has also approved sale of its 20% stake in SRL to Manipal Hospitals. The remaining Fortis Healthcare will be an investment holding company with 36.6% stake in SRL, the company said in a press release.
"The move will unlock significant value for all stakeholders and will further accelerate and expand access to high quality healthcare services in India," a press statement released by promoters Malvinder Singh and Shivinder Singh said.

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Kwality hits 32-month low; stock tanks 27% in two days

Shares of dairy firm Kwality continued to be under pressure for the second day in a row, falling to 32-month low of Rs 60.35, down 20% on BSE. The stock is trading at its lowest level since July 6, 2015.
In past two trading sessions the market value of Kwality shares tanked 27% from Rs 82.15 on Monday, March 26, 2018, despite the company clarifying that there is no strategically significant development within the organisation and business. On Tuesday, the stock slipped 20% to Rs 65.65 in intra-day trade, settled 8% lower at Rs 75.40 on the BSE.
“Also in recent there is no such event which is not reported by the Company to the stock exchanges.

The Company is continued to deliver sustainable value to its shareholders at all time,” Kwality said with reference to Tuesday’s downfall in the share price of the Company.
The stock plunged 64% from its 52-week high level of Rs 169 recorded on April 20, 2017. It touched an all-time high of Rs 215 on October 12, 2011 on the BSE.
The pledged holding of the promoters stood at Rs 5,685 million, shows the data available with BSE.
Kwality is engaged in processing, manufacturing and trading of milk, milk products and dairy products.

Nokia 1 with Android Oreo Go OS launched at Rs 5,499: Know specs, features

Nokia 1 in India at Rs 5,499. The Android Oreo (Go edition)-based smartphone had first been unveiled at the Mobile World Congress, along with the Nokia 7 (2018), Nokia 8 Sirocco and Nokia 8110.
The Nokia 1 would be available on both online and offline platforms starting March 28. The phone would be available in red and blue colour variants which could be customised with Nokia Xpress On covers available for Rs 450.

In terms of features, the Nokia 1 runs Android Oreo (Go edition), which is a light-weight version of Android Oreo compatible with devices with limited hardware prowess, such as 1GB RAM or less, etc. The Android Oreo (Go edition) also comes with a dedicated package of Google apps, which take less space and are optimised to use less hardware resources.
Coming to specifications, the Nokia 1 sports a 4.5-inch display with 480 x 854 pixels resolution.

It is powered by a MediaTek MT6737 quad-core processor clocked at 1.1Ghz, coupled with 1GB RAM and 8GB internal storage. The smartphone features a 5MP primary camera and a 2MP selfie camera. The 4G phone supports dual SIM and a microSD slot for storage expansion. Powering the device is a 2150 mAh removable battery.

Xiaomi Redmi 5 review: Premium-priced all-rounder with a modern 18:9 screen

After a successful run in 2017 with its value-for-money smartphones, Xiaomi started 2018 with the launch of its budget-centric devices. Soon after the launch of the Redmi Note 5 and the Redmi Note 5 Pro, the Chinese mobile phone maker has launched the entry-level Redmi 5 in India at a price of Rs 7,999 for the base model.

Unlike what has been seen in previous-generation devices, the succeeding generation of Redmi-series smartphones costs a tad higher than the predecessor -- be it the Redmi 5 Pro or the Redmi 5. However, the Redmi 5 notches up the smartphone game with its modern 18:9 aspect ratio screen wrapped in a metallic-plastic chassis which looks premium.
The smartphone is built on the blue print of its elder sibling, the Redmi Note 5, which gives it an edge in terms of design. However, the innards have been kept in line with previous generation, besides some minor improvements, to keep the price in check.
Business Standard reviewed the Redmi 5 to test its overall performance. Here are our observations:
Design and display

The Redmi 5 takes design cues from the Redmi Note 5 and, therefore, looks similar. However, the younger sibling has a few elements of difference. The front of the Redmi 5 is dominated by a 5.7-inch HD+ 18:9 aspect ratio screen, covered by a 2.5D glass. It does look plush; but for an 18:9 screen device, the smartphone has huge bezels on the top and bottom.
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Karnataka election: Amit Malviya under EC lens, VVPATs for EVMS; 10 updates

Karnataka Assembly Elections will be held on May 12 and the result will be declared on May 15, 2018, the Election Commission announced on Tuesday. Karnataka elections will be held in a single phase. Chief Election Commission OP Rawat said that the model code of conduct has come into effect in the poll-bound state

The elections are being held to choose the 224 members of the Karnataka Assembly whose tenure ends in May 2018. The polls are being seen politically crucial for the ruling Congress, as well as the BJP, as Karnataka is the only big state where the former is in power after losing a string of Assembly elections to the saffron party in the past few years. The BJP is making a concerted bid to unseat the Congress. Besides, the Congress and the BJP, another player in the fray is former prime minister H D Deve Gowda's JD(S).

Currently, the Congress party holds a simple majority of 123 seats in the 224 constituencies’ strong Karnataka legislative assembly. The BJP holds 44 and the JD(s) has 40 seats respectively. BJP President Amit Shah on Monday asserted there was a "tsunami" in favour of his party which will not only defeat the ruling Congress but also 'uproot' it in the coming assembly polls in Karnataka. "After Gujarat elections, this is my Karnataka trip. Extraordinary enthusiasm is witnessed here. Earlier I was saying it was a BJP wave. Now I say it's a BJP tsunami" Shah said. Coming to Karnataka a day after Congress president Rahul Gandhi ended his fourth round of visit, he said "Rahul Gandhi is touring. He has been saying that Congress government will come in Karnataka.

Nestle India hits record high of Rs 8,090, up 3.5%

Nestle India hit a new high of Rs 8,090, up 3.5% on the BSE on Tuesday, surpassed its previous high of Rs 8,001 recorded on December 14, 2017.

Since February 9, 2018, the stock of packaged foods company has outperformed the market by surging 16% after reported a healthy 59.5% year-on-year (YoY) growth in net profit at Rs 3,118 million in December 2017 quarter (Q4CY17). On comparison, the S&P BSE Sensex was down 2.3% during the same period.

“Nestlé India has underperformed the broader market and consumer peers over the past year given the slower-than-expected pace of earnings growth.

Stock valuations (on a relative and absolute basis) are trading below historical averages,” analyst at JP Morgan said in recent note.

Bitcoin used for Golden hands as Cryptocurrencies meet Mandela Art

It’s one of the more unusual deals in the art world. After more than a decade, an Alberta businessman has finally found a buyer for his prized collection of gold castings of Nelson Mandela’s hand. The final price? Ten million dollars -- in bitcoin.

Attempts by Malcolm Duncan, formerly of South Africa, to sell the hands back in 2007 were scuppered by controversy over provenance and a possible missing charitable donation. This time he’s had better luck, albeit with an unusual buyer.
Little information is available about Arbitrade, an Ontario-based cryptocurrency company, something Chairman Len Schutzman says is about to change.

The company is “weeks away” from doing an initial coin offering and is building a facility in Waterloo, Ontario, to mine its own cryptocurrencies and plans to trade others. Its key selling point, he says, is that it will back all its virtual coins with some percentage of physical metal -- including gold.

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Nifty outlook and top trading ideas from Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW
After 6 days, the daily trend of Nifty has turned up to signify a positive bias and we anticipate the index to consolidate and make some pullback from these levels. On the upside, if Nifty breaches the 10,250 level decisively a positive sentiment can be established and can expect a bounce back to 10,500 levels. On the downside, 9,950 would act as a major support for the time being. The support for the day is seen at 10,080 while resistance is seen at 10,180.

BUY LIC HSG FIN
CMP : Rs 544.10
TARGET : Rs 590
STOP LOSS : Rs 510
The stock has witnessed a gradual correction from the peak of 785 and has bottomed out at around 480 levels to make a recovery and now with the bullish candle pattern formed a positive bias has been maintained and we anticipate a further rise from here on with strength and potential to scale till 600 levels.

The RSI has indicated a steep rise and also the MACD in on the rise for quite some time. We recommend a buy in this stock for an upside target of 590 keeping a stop loss of 510.

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OnePlus 6 launch in Q2: What we know of the mid-range flagship so far

Chinese smartphone manufacturer OnePlus is working on its next-iteration of the flagship OnePlus 6, which is expected to be launched in the July-September quarter this year. Before the official launch, however, the device's purported specifications, features and price have been leaked and are doing the rounds of the internet.

Here is what we know of the mid-range flagship so far:
OnePlus 6 specifications and features
While nothing has officially been confirmed, online technology portal Techslize claims to have got hold of the upcoming smartphone's technical specification sheet, which hints at a larger display, updated processor and new camera sensors.
According to the specification sheet listing, the OnePlus 6 would sport a 6.28-inch AMOLED screen of 2280 x 1080 resolution. The screen size and resolutio hints at a notch-based screen, similar to the Apple iPhone X and the recently launched Vivo V9.
 OnePlus 6 leaked specsOnePlus 6 leaked specs The upcoming smartphone is expected to use Qualcomm top-of-the-line Snapdragon 845 system-on-chip (SoC), clocked at 2.7GHz. In terms of imaging, the phone would come with dual rear-cameras of 20-

Facebook-Cambridge Analytica row: Zuckerberg brings apology ads; updates

Facebook's problems after the Cambridge Analytica scandal broke out refuse to fade. Now, the social media giant's founder and chief ececutive officer Mark Zuckerberg has issued a full-page advertisement in seven newspapers across the United Kingdom and three across the United States apologising for the data breach. "We have a responsibility to protect your information. If we can't, we don't deserve it," he said. Meanwhile, the social media giant also dismissed claims of having collected users' text and call data without their consent.

Amid the ongoing privacy scandal surrounding Facebook and Cambridge Analytica, Zuckerberg, in the advertisement, reiterated that the social media platform had already stopped third-party apps from "getting so much information" and that Facebook had started "limiting the data apps get when you sign up", The Verge reported. Zuckerberg also clarified that Facebook users would now be aware of which apps had access to their information and which did not, so that they could make an informed decision.

The Facebook ads ran in prominent positions in British nationals, including the best-selling Mail on Sunday, The Sunday Times, and The Observer -- which helped break the story -- as well as the US' New York Times, Washington Post, and the Wall Street Journal. The advertisement reflected the public statements Zuckerberg made last week after the Cambridge Analytica data breach row prompted investigations in Europe and the US, and sent Facebook's share price plunging.

Reliance Jio Prime membership subscription to end on March 31: What next?

Reliance Jio shook the Indian telecommunication space with the launch of its affordable, data-centric network. After doling out freebies for more than the first six months since the launch, the Mukesh Ambani-owned telecom major introduced Prime membership at Rs 99 with the promise of offering subsidised recharge options and additional benefits for a period of one year.
The Jio Prime memberships, which came into effect on April 1 last year, are valid until 31 March. Now, with the subscription expiry approaching, it is expected that Jio would make an announcement sometime soon.
While there is nothing official yet, it is expected that the company might completely do away with the Prime subscription or offer it as a free service.
Here is what the company offered in the first iteration of the Prime membership:

• Free unlimited data and voice services for one year at an effective price of Rs 10 per day
• Special recharge plans with additional data and validity
• Free VoLTE-based voice calls to any network, even on roaming with no black out days either.
• Free access to Jio app suite
• The Prime membership was initially rolled out as a loyalty programme to retain subscribers as the company moved from free to paid services.
• In the first leg, the Prime membership was advertised as a limited period offer. However, as time moved, the company continued offering the membership to get more subscribers. 
• Now, according to Jio’s official portal, there is no mention of services that the company offers to non-prime subscribers. Therefore, it is safe to assume that the subscription based membership program may eventually fade out.

Nifty PSU Bank index gains 4%; SBI, BOB, Canara Bank up over 3%

Shares of public sector banks were in focus with Nifty PSU Bank index gaining almost 4% as compared to 0.54% rise in the Nifty 50 index on Monday at 01:43 pm.
State Bank of India (SBI), Canara Bank, Bank of Baroda, Syndicate Bank, Union Bank of India and Union Bank of India from Nifty PSU Bank index were up more than 3%, while Indian Bank, Punjab National Bank (PNB), Oriental Bank of Commerce and Andhra Bank up in the range of 1% to 3% on the National Stock Exchange (NSE).

Nifty PSU Bank index had underperformed the market by falling 27% thus far in the calendar year 2018, against 5% decline in the benchmark index till Friday.
PSU banks have sold off 32% since the 25-January peak (Nifty down 10%) and retraced the entire post-recap gains. This was driven by a confluence of bad news – a large fraud at PNB, tighter provisioning norms from the Reserve Bank of India (RBI) and continued pressure from bond yields.
We are now agnostic between BOB and SBI – SBI has a better deposit profile and fewer challenges on the overseas book but BOB’s provisioning position is better, analysts at JP Morgan said in a report.

“State owned banks have witnessed sharp decline in their return ratios since FY14. They earned negative returns in FY16 and FY17 due to elevated levels of loan losses.

Jubilant FoodWorks shares hit record high; zoom 155% in 9-months

Shares of Jubilant FoodWorks hit a new high of Rs 2,351 per share, up 3% on the BSE in otherwise range-bound market. The stock surpassed its previous high of Rs 2,330 recorded on January 23, 2018 in intra-day trade.

In past three weeks, Jubilant FoodWorks has outperformed the market by surging 17% after the company formed a joint venture with Golden Harvest QSR Ltd to launch Domino’s Pizza in Bangladesh. On comparison, the S&P BSE Sensex was down 3.3% during the same period.
Last week, Domino’s has announced an Everyday value offer (EDVO) on regular sized pizza starting at Rs 99 each aimed at small group sizes of 2 customers.

The company said the Everyday Value price will help Domino's Pizza in increasing pizza penetration across market, especially in smaller towns. It will also help existing Domino's customers to enjoy Domino's pizzas more often and on more occasions, thus driving increased frequency of consumption.
Management initiatives continue to increase same-store sales growth (SSG) and margins visibility.

Acceleration in store expansion, improvement in mobile ordering app and dining experience could be additional growth drivers in future, according to analysts at Emkay Global Financial Services.

Wipro shares hit 8-month low, slip 4% in intra-day

Shares of Wipro hit an over eight month low of Rs 274 per share, down 4%, extending its 3% decline on the BSE in past two sessions. The stock of information technology (IT) company was trading at its lowest level since July 20, 2017.

The trading volumes on the counter nearly doubled with a combined 1.82 million shares changing hands on the NSE and BSE till 10:33 am.
In past three months, Wipro has underperformed the market by falling 10% as compared to 4% decline in the S&P BSE Sensex.

The S&P BSE IT index rallied 9% during the same period.
On March 14, 2018, Wipro, India's third largest IT services firm, had signed a definitive agreement to divest its hosted data centre business to Illinois-based hybrid IT services provider Ensono for $405 million (Rs 26.26 billion). The data centre business of the company consists of Wipro Data Centre and Cloud Services, Inc in the US and a portion of datacenter business in Germany and the UK.
Wipro will unlock value by transitioning eight data centers, and over 900 employees of its hosted data center services business to Ensono.

The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending June 2018. Ensono is a portfolio company of Charlesbank Capital Partners and M/C Partners, it added.

Modi, not Rahul Gandhi hired Cambridge Analytica to woo voters: Congress

The BJP on Wednesday questioned links between the Congress and Cambridge Analytica, a data mining firm accused of harvesting personal information from Facebook illegally to influence polls in several countries, and wondered if it will now depend on "data theft" to woo voters. Party leader Ravi Shankar Prasad cited media reports about the opposition party's plan to use the firm's services for the next Lok Sabha elections and to boost its president Rahul Gandhi's profile. He asked Gandhi to explain the company's role in his social media outreach. The firm, the Union minister said, has been accused of using "sex, sleaze and fake news" to influence elections and asked if the Congress too plans to walk the same path.

"The Congress must explain if it has engaged in data trade with Cambridge Analytica," he said, questioning the opposition party's "silence" despite numerous reports of its link with the company.
Prasad, the law and IT minister, used the occasion to warn Facebook of stringent legal action against any misuse of data of more than 200 million Indians on its platform. Targeting the Congress, he said the number of Gandhi's Twitter followers had shot up recently and wondered if it was due to the services of the firm that he achieved this "fake popularity".

Flipkart's silent soldiers: Men who will lead the firm in its next innings

During the past two years and more, the baton of leadership at Flipkart saw quick change of hands. There were times when access to capital was considered the biggest constraint, as rival Amazon was continuing to splurge to march ahead. But Flipkart stay focused on to its core belief and execution capability, and the results are quite visible today, as it not only continues stay ahead in the race in almost every category, but global investors are also now more than willing than before to put their bet here.

The credit for this seemingly impossible feat could be given to a single man, but it’s better deserved by the team of top leaders who have worked relentlessly in the background to make this happen. In spite of its ups and downs, Flipkart has created a strong leadership pipeline as the country’s most valuable startup readies for the future with around 75-80 leaders who are now steering different key businesses and categories that have been instrumental to retain its leadership. Several of them have moved up the ranks as the company has grown, while others have been roped in from global giants Google, Amazon and Microsoft apart from large FMCG and consulting firms over the years.
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Reliance Communications gets bondholders' nod for asset sale to Jio

India's Reliance Communications Ltd (RCom) said on Wednesday its bondholders had approved their asset-sale plan, that includes the sale of certain assets to upstart rival Reliance Jio Infocomm Ltd.

Holders of the debt-laden telecom operator's $300 million bonds have also approved the monetisation of other real-estate assets, RCom said in a statement.

RCom also got approval for the partial release of noteholder collateral to help the sale get underway, the company said, adding the proceeds would be used for partial redemption of notes.

RCom last week had moved the Supreme Court in a desperate attempt to complete the asset sale and to also avoid going to the National Company Law Tribunal, according to a report in The Economic Times.

Earlier this month, the firm lost its appeal in the Bombay High Court against an arbitration tribunal ruling in the Ericsson case, where the Swedish company sought payment of unpaid dues.

Anil Ambani-controlled RCom got shareholders' nod in February to sell its wireless assets to Reliance Jio, the telecom unit of Mukesh Ambani-led Reliance Industries Ltd.

BJP questions Congress' links with Cambridge Analytica for 2019 LS polls

The BJP on Wednesday questioned links between the Congress and Cambridge Analytica, a data mining firm accused of harvesting personal information from Facebook illegally to influence polls in several countries, and wondered if it will now depend on "data theft" to woo voters.

Party leader Ravi Shankar Prasad cited media reports about the opposition party's plan to use the firm's services for the next Lok Sabha elections and to boost its president Rahul Gandhi's profile. He asked Gandhi to explain the company's role in his social media outreach.


The firm, the Union minister said, has been accused of using "sex, sleaze and fake news" to influence elections and asked if the Congress too plans to walk the same path.

"The Congress must explain if it has engaged in data trade with Cambridge Analytica," he said, questioning the opposition party's "silence" despite numerous reports of its link with the company.

Prasad, the law and IT minister, used the occasion to warn Facebook of stringent legal action against any misuse of data of more than 200 million Indians on its platform.

Delhi girl commits suicide over alleged molestation by teachers: Updates

In a tragic incident, a 15-year-old girl student allegedly committed suicide here in Delhi's Mayur Vihar area on Tuesday. The teenage girl had reportedly failed in her Class 9 examinations. The deceased's father said that she had also accused her social sciences teachers of sexually harassing her and "touching her inappropriately". A case has been registered in the matter under Sections 306 and 506 of the IPC and Protection of Children from Sexual Offences Act (POCSO Act).

The deceased student belonged to the Ahlcon Public School in Mayur Vihar Phase-I. She reportedly hanged herself on Tuesday evening when she was alone at her home.
The father of the victim has blamed the school for her daughter's suicide. "She told me her SST teachers touched her inappropriately. I said since I am also a teacher, I can say they cannot do it, might be a mistake but she said, 'I am scared of them, no matter how well I write they will fail me. Ultimately they failed her in SST. School killed her," he said.

The father of the victim also alleged that earlier, one of the Ahlcon school's teachers had fractured his son's hand, after which he had put the child in another school.

Flipkart lists Reliance JioFi WiFi hotspot JMR815 at Rs 999: Details here

Reliance Jio has added a new 4G LTE hotspot model to its portfolio of JioFi devices. The new model, dubbed the JioFi JMR815, is currently available on Flipkart at a price of Rs 999. However, the JioFi is not yet listed on Jio’s online portal.
The JioFi 4G WiFi hotspot, according to the Flipkart listing page, is capable of attaining a download speed of up to 150Mbps, and upload speed of 50Mbps. The device features a circular design, unlike the oval design of the predecessor.

It allows up to 32 simultaneous connections – 31 WiFi and 1 USB – to connect over Jio’s 4G network for accessing the internet. The device also allows HD voice calls and video calls on non-4G phones via Jio 4G Voice app.
 JioFi 4G WiFi hotspot JMR815 JioFi 4G WiFi hotspot JMR815 In terms of features, the device has power buttons, along with WiFi Protected Setup (WPS) button for instant connection. There are notification lights for battery, 4G connectivity and signal strength. It is powered by an ALT3800 processor and supports 4G connectivity at FDD-Band 3, Band 5, and TDD-Band 40 – supported by Reliance Jio.

Nirav Modi scam: Diamond traders now courting firms with long-term credit

In the aftermath of the Rs 129-billion fraud at Punjab National Bank (PNB) involving Nirav Modi and Gitanjali Gems, traders of loose diamonds are now shifting to organised sectoral players with deeper pockets for credit offers to consumers.

Since most banks have tightened their lending to diamond merchants and others are in the process of doing so, many medium and small diamond dealers are approaching large players for credit facility within the industry. Early last week, State Bank of India, the country’s largest-public sector bank, announced its decision to tighten collateral demands on borrowers from the gems & jewellery industry. Several gems & jewellery makers and retailers recently observed at the India International Bullion Summit (IIBS) that banks had stopped lending to them as they now had a suspicious view of the entire sector, especially after the PNB-Nirav Modi scam.

With organised sectoral players offering credit to small and medium sized diamond traders, the industry is set to move to a private credit regime. Organised players, including online diamond trading platforms like Indian Commodity Exchange (ICEX), are set to benefit from the ongoing shift in diamond retailing.

5 factors that may have a bearing on markets in the coming months

The Indian equity market have continued to limp downwards in the aftermath of the PNB scam, and the trends witnessed in the recently concluded by-poll elections are making the markets jittery and sentiments sour. The global markets have somehow shrugged off fears emanating from rising bond yields (which still remain pretty elevated), a rising interest rate cycle (with the FED expected to raise rates by 25bps later this week), cyclical inflationary pressures playing detrimentally on discretionary spending patterns and the narrowing of spreads between the 10yr government paper and riskier asset classes like equities. For now, liquidity still appears fine and there is no undue cause of concern and visible trends being seen as a shift from equity linked assets to other asset classes. Albeit, there are 5 factors that can have a bearing on the equity markets in the coming few months:

Trade wars: First and foremost, we need to understand that a trade war was last seen nearly 80 years ago and that led to the great depression of the 1930s. Technically, trade wars are negative for 2 reasons. Firstly, higher import tariffs do not encourage domestic industry but they surely lead to higher levels of imported inflation. Secondly, trade wars eventually degenerate into currency wars with countries trying to competitively devalue their currencies to make their exports more attractive. While the EU and China have threatened to retaliate, we have not seen any concerted action. Both the EU and China are just seeing their economies recover from a prolonged economic slowdown and they will not be keen to get into a trade war at this point of time. We are confident that more acceptable solution will be found without degenerating into a trade war.

Top trading ideas by HDFC Securities: Sell L&T Finance, buy M&M

Nifty outlook and technical calls by Nandish Shah, Technical & Derivatives Analyst, HDFC Securities:
NIFTY VIEW
Nifty, closes below previous low of 10140 and also below much talked about 200 dma (Currently placed at 10166 level) for the second day in the row. It also broke the support of the upward sloping trend line adjoining the bottoms of 30th June 2017 and 29th Sep 2017 yesterday. Moreover Nifty is maintaining the bearish pattern of lower tops on the daily charts, and the recent top of 10479 would act as a strong resistance for the medium term.

Sell: L&T Finance
CMP: Rs 154
SL: Rs 161
Target: Rs 144
After making an all-time high level of 214 in the Month of Oct last year, stock has been witnessing selling pressure at higher levels and fell by 28% from the high. Stock Price currently trading below its 5,20 and 200 dma. Indicating short to medium term trend is negative.

Buy: M&M
CMP: Rs 743
SL: Rs 721
Target: Rs 775
M&M reversed northwards after forming a Double Bottom around 700 levels to close above its 5 and 20 dma. This double bottom level of 700 also coincides with the 200 dma which is currently placed at 704 levels. Therefore the significance of 700 levels as a support is very high. In the recent market correction, stock price has been holding well and also holds bullish trend on the daily chart.

Alcatel POP4 10 tablet review: At Rs 10,999, great choice for budget buyers

Alcatel recently launched its new 10.1-inch tablet, which supports 4G LTE in India. Priced at Rs 10,999, the POP4 10 tablet is available exclusively on Flipkart. With only 7.95mm thickness, the company claims that the Alcatel POP4 is one of the thinnest tablets available in the world.
The Alcatel POP4 10 tablet was first unveiled in CES 2018, where the company announced its global partnership with Flipkart for better consumer engagement and retail availability at a time when the tablet manufacturing industry is on an apparent decline. This is a notched-up variant of the previously released A3 10, priced at Rs 6,999.

Business Standard reviewed the Alcatel POP4 10 to test its overall performance. Here are our observations:
Design:
The POP4 10 tablet is a lightweight tablet that looks very sleek. The company claims this 10-inch Full-HD tablet is the best that a consumer can buy for latest features at such a price range in the market.
The POP4 10 has a non-mettalic body that although looks nice, collects a lot of fingerprints. The rear camera lies at the corner of the right-hand top corner. The USB port and the 3.5mm jack also sits on the top while the dual speakers are in the front of the tab.

Vivo V9 with notch display appears on Amazon before its March 23 launch

China-based smartphone manufacturer Vivo is gearing up to launch the Vivo V9 in India on March 23. Amazon India, however, has published a dedicated page of the smartphone, confirming that the phone would be an Amazon-exclusive. The page also shows a picture of Aamir Khan, who has replaced Ranveer Singh as the brand’s official ambassador.
Based on Amazon India’s listing page, the Vivo V9 would sport a modern design with a ‘notch’ display. The smartphone would also sport a dual-camera set-up on the back, powered by artificial intelligence.
The specifications and features of the V9 are not official yet, but some leaks in the past have hinted the details mentioned below:
Vivo V9 specifications
The Vivo V9 is expected to sport a 6-inch fullHD+ (1080x2160 pixels) AMOLED, 19:9 aspect ratio screen with an iPhone X-inspired notch on top.

The phone is reported to use Qualcomm Snapdragon 660 processor, coupled with 4GB RAM and 64GB internal storage. The dual rear cameras are expected to have 12-megapixel and 8 MP sensors, powered by a dedicated AI chip. On the front, the smartphone is reported to feature a 24MP wide-angle selfie camera, which also integrates AI for beauty mode and bokeh effect.

Uber suspends self-driving car tests after first fatal pedestrian crash

A woman in Tempe, Ariz., has died after being hit by a self-driving car operated by Uber, in what appears to be the first known death of a pedestrian struck by an autonomous vehicle on a public road.
The Uber vehicle was in autonomous mode with a human safety driver at the wheel when it struck the woman, who was crossing the street outside of a crosswalk, the Tempe police said in a statement. The episode happened on Sunday around 10 p.m. The woman was not publicly identified.
Uber said it had suspended testing of its self-driving cars in Tempe, Pittsburgh, San Francisco and Toronto.

“Our hearts go out to the victim’s family. We are fully cooperating with local authorities in their investigation of this incident,” an Uber spokeswoman, Sarah Abboud, said in a statement.
The fatal crash will most likely raise questions about regulations for self-driving cars. Testing of self-driving cars is already underway for vehicles that have a human driver ready to take over if something goes wrong, but states are starting to allow companies to test cars without a person in the driver’s seat. This month, California said that, in April, it would start allowing companies to test autonomous vehicles without anyone behind the wheel.

Ola, Uber strike: Mumbai Police arrests MNS transport wing chief, 11 others

On the second day of the Ola, Uber indefinite strike, the Mumbai Police on Tuesday arrested 12 people, including Sanjay Naik, the president of the transport wing of the Raj Thackeray-led Maharashtra Navnirman Sena (MNS), besides some drivers of either Ola or Uber, an executive of a ride-hailing company told Business Standard. The arrests were made after the filing of a first information report (FIR) against the MNS workers for organising the nationwide strike.

The indefinite strike of drivers of cab aggregators Ola and Uber continued for a second day on Tuesday causing a lot of difficulties for scores of office-goers and other commuters in the metros.

There are around 1.5 million Ula and Ola cabs in the country, and many of them refused to operate, crippling traffic and causing inconvenience to travellers. "Drivers are in huge debt," said Sanjay Naik, president of the Maharashtra Navnirman Vahtuk Sena, the transport wing of the MNS, adding that they were not making enough money to survive or service their car loans payments. While all of Uber’s cars are owned by the company, Ola allows its drivers to own some of its cabs as well as runs its own cabs across the country.

Mumbai railway traffic resumes, students to apply in hiring drive: Updates

Mumbai railway traffic resumed between Dadar and Matunga after scores of agitating students blocked rail traffic, including suburban services between the two stations earlier in the day, causing difficulties to hundreds of thousands of Mumbai local commuters. The agitation by students, seeking permanent jobs in Indian Railways, was called off at 10.35 am but not before the rail blockade forced the Railways to stop the suburban and express trains in the affected section between Matunga and Chhatrapati Shivaji Maharaj Terminus (CSMT) for hours.

Railways officials have told a national daily that they are running special trains for the Kurla station in the down direction. They added that they are diverting railway traffic from Dadar station in the up direction.

According to Railways officials, the entire four lines between Matunga and CSMT have been affected, while police and Railways officials are conducting talks with the agitating railway job aspirants.

Students shouting slogans against the Railways held up placards demanding a one-time settlement from GM quota and said that they were demanding jobs from the government.

39 Indians abducted in Iraq's Mosul dead; compensate, says Cong: Updates

All the 39 Indians who were abducted by ISIS in Iraq nearly three years ago were killed, and their bodies had been recovered, External Affairs Minister Sushma Swaraj said on Tuesday. Minister of State for External Affairs V K Singh will be flying to Iraq to bring back their mortal remains to India on a special flight.

As many as 40 Indians were originally abducted by the terrorist organisation ISIS in June 2014 from Mosul in Iraq but one of them escaped by posing as a Muslim from Bangladesh, Swaraj said in a suo motu statement in the Rajya Sabha. The remaining 39 Indians were taken to Badoosh and killed.


Search operations led to a mound in Badoosh where locals said some bodies were buried by the ISIS. Deep penetration radars were used to establish that the mound indeed was a mass grave, Swaraj said, adding that the Indian authorities requested their Iraqi counterparts to exhume the bodies.

Swaraj said the mass grave had exactly 39 bodies, with distinctive features like long hair, non-Iraqi shoes, and IDs. The bodies were then sent to Baghdad for DNA testing.

I-T Dept says no to Sebi plea for tax exemption for unified broking licence

Indian tax authorities are not willing to concede the request of market regulator Securities and Exchange Board of India (Sebi) to provide one-time tax exemption to trading members of stock and commodity exchanges to do both businesses under one entity.

According to a tax official, such consideration could peg loss to the exchequer in a scenario when India is already grappling with revenue shortfall due to steps taken by the government such as the implementation of goods and services tax and demonetisation. Currently, the government is evaluating exemption on long-term capital gains tax which has now been withdrawn to minimise economic distortions and curb erosion of tax base.

Tax implications is a major hurdle for brokers to opt for unified licence regime. The change was notified in July 2017, by amending the Securities Contracts (Regulation) Rules and Sebi (Stock brokers and Sub-Brokers) (Amendment) Regulations. Since then not a single broking firms have executed the concept.

JBF Industries nears four-year low; tanks 27% in two trading days

JBF Industries was quoting close to its four year low at Rs 104, down 9%, falling 27% from Rs 143 in past two trading days on the BSE. The stock is trading at its lowest level since May 27, 2014.

Since February 8, 2018, JBF Industries tanked 44% from Rs 185 after reported a weak set of numbers for the quarter ended December 2017 (Q3FY18). On comparison, the S&P BSE Sensex was down 4% during the same period.

The company engaged in the business of producing polyester based products had posted net loss of Rs 163 million Q3FY18 against a net profit of Rs 35 million in previous year quarter.

For the first nine months (April-December) of the current financial year 2017-18 (FY18), it reported net loss of Rs 437 million as compared to net profit Rs 245 million during the same period of FY17.

Today's picks: From Tata Steel to PowerGrid, hot stocks to watch on Tuesday

Nifty Current: 10,094 (fut: 10,123) Target: NA Stop-long positions at 10,050. Stop-short positions at 10,200. Big moves could go till 10,000, 10,250. A long 10,100p (91), short 10,000p (59) could gain 15-20 if the index drops till 10,050.

Bank Nifty Current: 24,245 (fut: 24,339) Target: NA Stop-long positions at 24,225. Stop-short positions at 24,450.

Big moves could go till 24,650, 24,000. Trend remains negative but short-covering could be seen on Monday.

Tata Steel Current price: Rs 575 Target price: Rs 567 Keep a stop at Rs 580 and go short. Add to the position between Rs 568 and Rs 570. Book profits at Rs 567.

Ambuja Cements Current price: Rs 231 Target price: Rs 226 Keep a stop at Rs 233 and go short. Add to the position between Rs 227 and Rs 228. Book profits at Rs 226.

PowerGrid Current price: Rs 194 Target price: Rs 196 Keep a stop at Rs 192 and go long. Add to the position between Rs 194 and Rs 195. Book profits at Rs 196.

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Aarushi case: SC accepts plea by Hemraj's widow against Talwars' acquittal

The Supreme Court on Monday admitted the appeal filed by Hemraj's wife Khumkala Banjade, for further hearing in the Aarushi Talwar murder case.

Khumkala, in December, had approached the apex court challenging the acquittal of Rajesh and Nupur Talwar by the Allahabad High Court.

Meanwhile, today, the Supreme Court also accepted the petition filed by the Central Bureau of Investigation (CBI).

Earlier this month, CBI moved the Supreme Court challenging Talwars' acquittal in their daughter Aarushi and their domestic help Hemraj's murder case.

In October last year, the Talwar couple, who were accused in the murder of their 14-year-old daughter Arushi and Hemraj, walked free from the Dasna jail after the Allahabad High Court acquitted them of charges of their daughter's murder, setting aside the CBI court's earlier order.

Kejriwal says sorry to Gadkari, Sibal, Majithia; here's what AAP is up to

Delhi chief minister Arvind Kejriwal on Monday tendered an apology to Union Minister Nitin Gadkari following which the two submitted a joint application in Delhi court seeking withdrawal of a defamation case filed by the former.

What more, Kejriwal apologised to Congress leader Kapil Sibal also. Kejriwal had alleged in the past that Kapil Sibal had a conflict in seeking to revise a tax demand on telecom major Vodafone. Last week, the AAP chief had sought forgiveness from Shiromani Akali Dal MLA and general secretary Bikram Singh Majithia for making allegations about his involvement in the drug trade and calling him Punjab's drug lord. Kejriwal's apology letter to Majithia for accusing him of being involved in drugs trade had taken everyone by surprise and had also earned the wrath of the ruling Congress and SAD-BJP leaders.

Compounding his trouble, the party's Punjab president Bhagwant Mann and its co-president Aman Arora had recently resigned from their posts in protest against Kejriwal's apology. Of the 20 AAP MLAs from Punjab, 10 lawmakers along with state unit leaders met Delhi Deputy Chief Minister Manish Sisodia at his residence here today where Chief Minister Arvind Kejriwal was also present.

Ola, Uber indefinite strike begins, commuters set for bumpy ride: 10 points

Do you use Ola and Uber for your daily commute? If yes, you may want to find other modes of transport as drivers for app-based cab aggregators Uber and Ola on Monday started an indefinite strike across India. The strike, which began at midnight on Sunday, centred on Mumbai and was called by Raj Thackeray’s Maharashtra Navnirman Sena's transport union.

The strike, which will be observed in key cities like Mumbai, New Delhi, Bengaluru, Hyderabad, Pune, aims to voice the drivers’ woes of not being able to cover rising costs due to falling business. They are currently being paid Rs 25,000 to Rs 30,000 per month, according to media reports.

"Ola and Uber had given big assurances to the drivers, but today they are unable to cover their costs. They have invested Rs 500,000 to Rs 700,000 and were expecting to make Rs 150,000 a month. But drivers are unable to make even half of this because of the mismanagement by these companies," said Sanjay Naik, President of Maharashtra Navnirman Vahtuk Sena, reported news agency PTI.

Gateway Distriparks hits 52-week low on FPI selling

Shares of Gateway Distriparks hit a 52-week low of Rs 187 per share, down 3.6%, extending their Friday’s 5% decline on the BSE, after the foreign portfolio investor (FPI) Morgan Stanley reduced its stake in the company through open market.

Morgan Stanley offloaded 1.01 million shares representing 0.92% stake of Gateway Distriparks at Rs 201 per share in a bulk deal on the NSE on Friday, 16 March 2018.
Promoter Prem Kishan Gupta bought one million shares, the bulk deal data shows.

As of December 2017, Morgan Stanley India Investment Fund, Inc. and Morgan Stanley Investment Funds Indian Equity Fund collectively hold 4.54% stake in Gateway Distriparks. Prem Kishan Gupta controlled 0.76% stake in the company, the shareholding pattern data shows.
The stock hit an intra-day low of Rs 190 on the NSE, was less than 1% away from its 52-week low of Rs 189 touched on March 16, 2018.

A combined 91,012 equity shares changed hands on the BSE and NSE till 12:49 am.

HG Infra extends gain after winning EPC project in Rajasthan

HG Infra Engineering (HGIEL) was trading 2% higher at Rs 302, extending its 10% rise in past two sessions on the BSE, after the company said it has been declared lowest bidder (L-1) for a new EPC project under Ministry of Road Transportation & Highway (MORTH) for upgradation to two lanes with paved shoulder configuration of the Kundal-Jhadol section of NH-58E in Rajasthan.
The completion period for the project is 18 months, it said.

The stock hit an intra-day high of Rs 311, its highest level since listing on March 9, 2018. A combined 338,041 equity shares changed hands on the counter on the BSE and NSE. On comparison, the S&P BSE Sensex was trading 0.35% lower at 33,061 at 11:42 am.

HGIEL is a road infrastructure construction company, mainly involved into the execution of EPC contracts. In the last five years, it has completed 13 projects in the roads & highways sector aggregating to a total contract value of Rs 16,749 million.
On financial performance front, HGIEL has demonstrated solid and impressive results over FY14-17.

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Nifty outlook and top trading ideas from Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW
Market continues to slide further, with Nifty after making the lower top formation at around 10480 levels in the daily chart and now with the negative sentiment looming around, the 200 DMA level of 10160 would prove to be very crucial, which when breached can see fresh downward targets of 9800-9700 levels. However, the support for the week is seen at 9920 while resistance is seen at 10430.

BUY MAH &MAH
CMP: Rs 740.75
TARGET: Rs 795
STOP LOSS: Rs 715
The stock has made a double bottom formation and taken support at the 200 DMA levels and from there on has recovered to indicate strength and potential to carry on the positive momentum still further upwards. The indicators are positive with the RSI showing a trend reversal with a buy signal and so is the MACD which is on the rise to support our view of a buy. With good volume activity witnessed, we recommend a buy in this stock for an upside target of 795 keeping a stop loss of 715.

Google Maps eases transit of wheelchair-bound, introduces accessible routes

To make public transit work for the differently abled, Google on Friday introduced "wheelchair accessible" routes in Maps at major metropolitan transit centres around the world.

The feature is rolling out in London, New York, Tokyo, Mexico City, Boston and Sydney.

In city centres, buses and trains, often the best way to get around presents a challenge for people who use wheelchairs or with other mobility needs.

"We're looking forward to working with additional transit agencies in the coming months to bring more wheelchair accessible routes to Google Maps," Rio Akasaka, Product Manager, Google Maps, said in a blog post on Friday.

To access the "wheelchair accessible" routes, type your desired destination into Google Maps.

Tap "Directions" then select the public transportation icon.