Tuesday, January 17, 2017

Khaidi No 150 box-office collection Day 4: Chiranjeevi's film grosses Rs 78 crore

Khaidi No 150 box-office collection Day 4: Chiranjeevi's film grosses Rs 78 crore

Megastar Chiranjeevi's Khaidi No 150 is unstoppable at the box office. The film has reportedly grossed Rs 78 crore so far.

IndiaToday.in  | Written by Srivatsan
New Delhi, January 15, 2017 | UPDATED 19:21 IST
Chiranjeevi and Kajal Aggarwal
Ever since the announcement of Khaidi No 150, fans have been waiting with bated breaths as the film marks megastar Chiranjeevi's comeback after a gap of 10 years.
The film, which released on Sankranti, opened to stupendous reception from the Telugu circuit. Khaidi No 150 continues its dream run at the box office.
ALSO READ: Khaidi No 150 Review


ALSO READ: Gautamiputra Satakarni Review
ALSO READ: Khaidi No 150 heading towards Rs 100 crore
According to reports, the Chiranjeevi-starrer made a business of Rs 8 crore on day four. The film collected Rs 14 crore on its third day. It must be noted that Khaidi No 150 had a record breaking on its opening day, raking in more than Rs 47 crore in Andhra Pradesh and Telangana. On its second day, Khaidi No 150 made a business of Rs 20 crore at the box office.
"On the first day, the film grossed around Rs 47.7 crore worldwide. The numbers are proof of the fact that audiences have eagerly waited for Chiranjeevi's comeback. The film collected around Rs 30 crore from the two Telugu states," Aravind told IANS.
In the US, the film has raked in Rs 8 crore from its premiere shows itself. Reports also suggest that the film has surpassed the opening day records of powerstar pawan Kalyan's Sardar Gabbar Singh. With the positive word mouth, Chiranjeevi's 150th is very likely to enter the Rs 100-crore in the coming days.
Khaidi No 150, which is the remake of Tamil blockbuster Kaththi, is directed by VV Vinayak. Also starring Kajal Aggarwal, Tarun Arora, Brahmanandam and Ali, the film has music by Devi Sri Prasad.
WATCH HERE: Chiranjeevi's Khaidi No 150 vs Balakrishna's Gautamiputra Satakarni
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Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis vs Renault Kwid

IndiaToday.in   |   New Delhi, January 16, 2017 | Written by Pratik Rakshit | UPDATED 13:41 IST
Maruti Suzuki Ignis vs Renault KwidPhoto: Nishant Jhamb
With the launch of the all new Ignis in India, Maruti Suzuki is looking at yet another winner in their hands. Riding on the success of the Baleno and Vitara Brezza, Maruti Suzuki will surely hope that the all new Ignis receives the same response it got for its ICOTY 2017 winner, Vitara Brezza and Baleno. However, the Ignis is trying to make a space for itself in a segment which is predominated by its younger sibling, the Alto 800 and rival Renault Kwid. Since the launch of the Kwid, Renault has dominated the small car segment and there's no looking back. Since its launch in September 2015, the Kwid has managed to rake in as many as 1.50 lakh bookings for the Kwid, making it Renault's most successful car in India.

Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

ALSO READ:  Maruti Suzuki Ignis: First impressions
Now, with the launch of the Ignis, Maruti Suzuki will look to directly challenge the Kwid with its premium features and commendable pricing. Let's take a look if the Ignis has what it takes to topple Kwid's title of segment leader.
Maruti Suzuki Ignis vs Renault Kwid

Renault Kwid

Price:
 Model     Variant      Price (ex showroom, New Delhi)
 Maruti Suzuki Ignis     1.2 Sigma MT (petrol)     Rs 4.59 lakh
 1.2 Delta MT (petrol)     Rs 5.19 lakh
 1.2 Delta AMT (petrol)     Rs 5.74 lakh
 1.2 Zeta MT (petrol)     Rs 5.75 lakh
 1.2 Zeta AMT (petrol)     Rs 6.30 lakh
 1.2 Alpha MT (petrol)     Rs 6.69 lakh
 1.3 Delta MT (diesel)     Rs 6.39 lakh
 1.3 Zeta MT (diesel)     Rs 6.91 lakh
 1.3 Delta AMT (diesel)     Rs 6.94 lakh
 1.3 Zeta AMT (diesel)     Rs 7.46 lakh
 1.3 Alpha MT (diesel)     Rs 7.80 lakh
 Renault Kwid     Renault Kwid STD         Rs 2.64 lakh
 Renault Kwid RXE         Rs 3.01 lakh
 Renault Kwid RXL         Rs 3.26 lakh
 Renault Kwid RXT         Rs 3.60 lakh
 Renault Kwid 1.0 RXT         Rs 3.82 lakh
 Renault Kwid AMT     Rs 4.25 lakh
Design:
Ignis: When noticed closely, you can see that the Ignis resembles a lot like Wagon R and a hint of the Celerio too. The three slats on the c-pillar, a throwback to the Giugiaro-designed Suzuki Fronte Coupe from the early seventies, are called Suzuki Progressive Triad mark. The interior reminds more of the latter as it was the Celerio which upped the interior quality standards. The Ignis' interior is as contemporary as the exterior. The entire layout of the dashboard is new with straight lines dividing the top and bottom-half, also accommodating air-con vents. Aircraft-styled toggle switches for the HVAC replace conventional knobs and push-buttons.
Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

ALSO READ:  Maruti Suzuki Ignis launched in India at Rs 4.59 lakh
The Triad also progresses onto the lower-half of the centre console which is colour-coordinated to the exterior, just as the inside door handles.
Maruti Suzuki Ignis vs Renault Kwid

Renault Kwid

Kwid: On the outside, the Renault Kwid 1.0L will be similar to the 800cc Kwid in terms of design, with a few cosmetic changes. The few things changed in the new Kwid are the dual-tone grey-coloured OVRMs, colored decals on the door and the 'SCe' badge on the trunk.
Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

On the inside, the new Kwid 1.0L SCe will be similar to the older version with the dual tone dashboard, chrome-accentuated digital instrument cluster, while the centre and side AC vents will get chrome inserts and the seat upholstery will come in Champion Red color.
Maruti Suzuki Ignis vs Renault Kwid

Renault Kwid

Engine:
Ignis: The Ignis will get a 1.2-litre Dualjet petrol engine that produces maximum power output of 83hp and maximum torque of 113Nm, while the 1.3-litre Multijet diesel engine will churn out peak power at 75hp and peak torque at 190Nm. Both come mated to a five-speed manual gearbox as standard and AMT gearbox as optional.
Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

ALSO READ:  Maruti Suzuki Ignis vs Mahindra KUV100
Kwid: The Renault Kwid 1.0L SCe will come with a 999cc 3-cylinder DOHC, petrol engine that will churn out a maximum power output of 68PS @5500rpm (14bhp higher than the 0.8L Kwid), and maximum torque of 91Nm @4250rpm(19NM higher than the 0.8L Kwid), mated to a five-speed manual gearbox.
Maruti Suzuki Ignis vs Renault Kwid

Renault Kwid

Performance:
Ignis: The Ignis gives a company claimed fuel efficiency of 20.89kmpl for the petrol variant and 26.80kpl for the diesel engine.
Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

Kwid: Renault also pointed out that the upcoming Kwid 1.0L will give an ARAI claimed fuel efficiency of 23.01kmpl, which is 2.16kmpl less than the Kwid 800cc.
Maruti Suzuki Ignis vs Renault Kwid

Renault Kwid

Variants:
Ignis: Ignis will be available in four different variants, Sigma, Delta, Zeta and Alpha. The Sigma variant of the Ignis will only be offered as a petrol option while the other three will be offered with both, petrol and diesel options.
Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

ALSO READ:  Renault Kwid crosses 1 lakh sales milestone in India
Kwid: The Kwid is available in six different variants- STD, RXE, RXL, RXT, 1.0-litre RXT and 1.0-litre AMT.
Maruti Suzuki Ignis vs Renault Kwid

Renault Kwid

Dimensions:
 Model     Maruti Suzuki Ignis     Renault Kwid
 Wheelbase    2435 mm     2422 mm
 Length     3700 mm         3679 mm
 Width     1690 mm         1579 mm
 Height     1595 mm         1478 mm
 Ground Clearance     180 mm         180mm
    Boot space  260 litres     300 litres
Features:
Ignis: The features list for the new Ignis includes projector headlamps with LED DRLs, 15-inch alloy wheels, Smartplay touchscreen infotainment with Apple CarPlay, automatic climate control, keyless go with push button start and 2 DIN audio system.
Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

Kwid: The safety features on the new Kwid 1.0L SCe will come with remote keyless entry, central locking, high-mount stop lamp with seat belts for front and rear passengers. However, the new Kwid 1.0L will come with a segment first pro-sense front seat belt function, but that will be an optional feature.
Maruti Suzuki Ignis vs Renault Kwid

Renault Kwid

Colors:
Ignis: The Ignis will come in 6 color options- Uptown Red, Pearl Arctic White, Tinsel Blue, Urban Blue, Glistening Grey and Silky Silver.
Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

ALSO READ:  Kwid vs redi-Go: Soul sisters from different mothers
Kwid: The Kwid 1.0L will be available with the same colors offered for the Kwid 800cc. The Ice Cool White, Fiery Red, Moonlight Silver, Planet Grey and Outback Bronze.
Maruti Suzuki Ignis vs Renault Kwid

Maruti Suzuki Ignis

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Xiaomi Redmi Note 4 launching in India on Jan 19, but Ravindra Jadeja isn't impressed

Xiaomi Redmi Note 4 launching in India on Jan 19, but Ravindra Jadeja isn't impressed

IndiaToday.in
Last Updated: JAN 16, 2017
Xiaomi Redmi Note 4 launching in India on Jan 19, but Ravindra Jadeja isn't impressed

Xiaomi is expected to launch its all-rounder phone, the Redmi Note 4, in India on January 19.  But India's all-rounder Ravindra Jadeja is - seemingly - not impressed with the phone in question. This is because Sir Jadeja - seemingly - believes that he is India's leading all-rounder and Flipkart, which - in all probability - will be the official seller of Xiaomi's upcoming phone in the country - seemingly - believes that Jadeja is no match for it. Some clever marketing theatrics, shall we say?
Flipkart earlier took to twitter to tease the phone saying, "India's new all-rounder is visiting us on January 19. Any guesses who it is?" Jadeja then took the onus of being India's star all-rounder asking Flipkart to postpone the (launch) event to January 20, since he has a cricket match on January 19. A series of quick-witted tweets were exchanged between the two before Xiaomi India stepped in to clear the air.

Xiaomi is expected to launch the Redmi Note 3 successor in India on January 19. In typical Xiaomi fashion, the Redmi Note 4 boasts of top-tier specs at mainstream prices. The Redmi Note 4 - which is available in China - is available in two variants: one with 2GB RAM and 16GB memory, and another with 3GB RAM and 64GB memory. Expandable storage is also supported.
The phone has a full-metal unibody and  a rear-mounted fingerprint scanner. It comes with a 5.5-inch FullHD IPS display with a 1080p resolution and curved 2.5D glass. The phone is powered by a 10-core MediaTek Helio X20 processor. In India however, since Xiaomi isn't permitted to sell MediaTek-based phones, it is expected that it would launch a Qualcomm version of the phone here. The dualSIM Redmi Note 4 runs Android Marshmallow-based MIUI 8 out-of-the-box and supports 4G LTE (and VoLTE-ready).
It sports a 13-megapixel rear camera with phase detection autofocus and dualLED flash. There is also a 5-megapixel front-facing camera on-board the device. The phone is backed by a 4,100mAh battery and will be available in the colours: Gold, Grey, and Silver.
For more news from Ind

The Dangers Of Aadhaar-Based Payments That No One Is Talking About

The Dangers Of Aadhaar-Based Payments That No One Is Talking About

Less than three months ago, India’s banking sector was hit by a data breach which compromised 32 lakh debit cards and led to Rs 1.3 crore in fraudulent transactions.
The incident started a debate around security of payment systems. But the debate had just about begun when the government’s demonetisation decision dragged attention away from it. Now as the dust settles and as the government starts to push newer means of digital payments, the focus is back on the security of systems being seen as an alternative to cash.
One such system is the Aadhaar-based payment system which could potentially allow citizens to pay anytime anywhere with the tap of a finger.
In theory, it sounds simple.
The Aadhaar-based payment system runs on the existing Aadhaar infrastructure through which a person’s biometrics are used to authenticate the user. Once authenticated, the user can transfer funds directly from one bank account to another without going through a mobile wallet or a card.
The payment system requires a smartphone, a working internet connection and a biometric authentication device with the merchant. The customer needn’t have a card or a phone as long as he or she has an Aadhaar-seeded bank account.
National Payments Corporation of India has developed this payments infrastructure over the existing Aadhaar-Enabled Payments System, the railroad on which the public distribution system has been functioning for years now.
Amitabh Kant, chief executive officer of the government policy think tank NITI Aayog said, earlier this month, that all cards and point-of-sale machines will become redundant in the country in the next two-and-a-half years as Aadhaar-based payments become popular.

A Double-Edged Sword

While payments authenticated by biometrics sound like a good idea in a country where less than one in three people actually own a smartphone, there are fears that integrating biometrics with digital payments could prove to be a security headache.
The first part of the problem is that Aadhaar, while effective, is not a fool-proof method of authentication and identification failures are not uncommon. Building a payment system atop the Aadhaar system will simply transfer some of these vulnerabilities.

The possibility of transaction failures due to a biometric mismatch are real, admitted a former high-ranking official from the Unique Identification Authority of India (UIDAI) who spoke to BloombergQuint on the condition of anonymity.
Officially, the false reject rate – rejection of a biometric when it’s actually correct – is set at a maximum of 2 percent for devices that get certified from the UIDAI. On the ground, however, failure rates vary widely, said the official quoted above.
According to the official statistics on UIDAI, more than 16 lakh Aadhaar-authentication requests failed in the past week. The type of errors encountered ranged from the biometric data not matching the database to demographic details not checking out.
Additionally, newer security threats may also emerge if the scope of Aadhaar is widened. These include identity theft if a person’s biometrics are compromised from the payment system, phishing attempts, and the difficulty in revoking access once biometric information is compromised.
Biometrics aren’t an exact science, the official quoted above said, while adding that possible glitches have to be weighed against the benefits of offering a widely accessible non-cash mode of payment to citizens.

How Easy Is It To Beat The System?

Sunil Abraham, executive director of Bangalore based research organisation Center for Internet and Society (CIS) said that one way to assess how secure a system is to understand the cost and effort that goes into breaching it.
In the case of Aadhaar-based payment systems, the costs may not be high.
“There’s the gummy finger method which essentially requires some Fevicol or gum to duplicate someone’s fingerprint which can be enough to transact on someone’s behalf without them being there,” said Abraham in a phone conversation with BloombergQuint. “An average person can’t clone a smart card. Just fevicol and glue can help you make a gummy finger. The biometric lobby will say that advanced scanners defeat the gummy finger attack but more advanced scanners are also more expensive.”
Also, using more sensitive devices could push up the instance of false rejection of transactions, said Abraham.
There are other concerns. Like the fact that devices used for Aadhaar identification could store personal information, which, in turn, could be susceptible to a breach.
There are five main components in an Aadhaar app transaction – the customer, the vendor, the app, the back-end validation software, and the Aadhaar system itself. There are also two main external concerns – the security of the data at rest on the phone and the security of the data in transit. At all seven points, the customer’s data is vulnerable to attack.
Bhairav Acharya, Program Fellow, New America
Acharya, who works at a U.S.-based think tank called New America and focuses on cyber-law, said the key concern is that Aadhaar data can be stolen and misused.
“The app and validation software are insecure, the Aadhaar system itself is insecure, the network infrastructure is insecure, and the laws are inadequate.”
The biometric data collected on the authentication device at a merchant location can potentially be stored on the device as well as the smartphone of a merchant for a long time. Abraham added that there is a possibility that non-certified devices will enter the market, which can store data and use it in the future to do fraudulent transactions.
The concerns over potential misuse of biometric data by private agencies has also been highlighted by the Supreme Court of India. Earlier this month, the apex court refused to expedite the hearing on a petition regarding Aadhaar being utilised for multiple use cases by private companies. It, however, observed that private agencies collecting biometric data “is not a great idea”.

Deficient Privacy Laws

Apar Gupta, a Delhi-based lawyer working on cyber security, says that the lack of strong privacy protecting provisions is another concern that should be kept in mind while moving towards an Aadhaar-based payment system.
“The data stays for a long time with the stakeholders in the system. The requesting agency can keep it for seven years and the UIDAI can store it for five years. There are insufficient safeguards and there’s an absence of privacy law and an independent privacy regulator,” he said.
Acharya agreed.
India does not have the necessary laws to deal with a decentralised, biometrically-authenticated, mobile payments system, according to Acharya.
“Moreover, current laws and policies regarding the Aadhaar project, particularly the centralised database, are inadequate from the point of view of data security and end-user privacy,” he said.
Abraham of CIS said the issue is wider than Aadhaar. The problem is the lack of a strong data security law.
We only have a minimal data security law under the Section 43A of the Information and Technology Act which only applies to the private sector. There’s no law that applies to the government. Even 43A has not been applied consistently. There’s no place for you to go and complain if your identity has been compromised.
Sunil Abraham, Director, Centre For Internet And Society
Gupta noted that, in the event of an identity threat, avenues of recourse are also limited. He said the best option is an appeal in the civil court, which is a long drawn out process.
In final analysis, according to Abraham, credit and debit cards are easier to secure as access can be revoked quickly.
“The trouble with biometrics is that the chain of trust is harder to establish because too many people can get access to biometrics and then you need to devise these convoluted solutions like hardware secure zones,” Abraham said.
“So the advantage of going with a smart card is that it can be easily re-secured, but with biometrics, once I compromise it, it’s lifelong.”

Building Workplace 2.0 For Millennials

Building Workplace 2.0 For Millennials

For leaders in the present day, the most important issue has become talent management. A large part of this challenge arises from the emergence of ‘millenials’ into the modern workforce. They have brought with them a new dimension to organisations and the changes are significant. Money does matter to them, but a sense of purpose matters more.
  • They are not happy just being around.
  • They demand transparency and have an intrinsic approach of doing things the right way.
  • They take corporate governance seriously.
  • They are impatient when there is lack of dynamism.
The term millennial has become synonymous with people who grew up in a worldwide web-fuelled, increasingly online, and socially-connected world. They are targeted by marketers avidly and do not frown in perplexity when they come across a boy named Shanthi wearing a nose-pin who also makes big bucks writing advanced code for his U.S. employer. Armed with confidence, a follow-your-dreams attitude, impatience and a deep-seated desire to “matter” marks these beautiful frenzied minds who are a critical and valuable part of tomorrow’s organisational strategy. It is then abundantly clear that most of our current workplaces need to adapt and ready themselves to attract, absorb and form attachments with these folks.

Talent First And Diversity




Employees work at the Truly Madly Matchmakers Pvt. office in New Delhi, India, on Friday, July 29, 2016. (Photographer: Sara Hylton/Bloomberg)
Employees work at the Truly Madly Matchmakers Pvt. office in New Delhi, India, on Friday, July 29, 2016. (Photographer: Sara Hylton/Bloomberg)
While human resource practitioners have ensured that the word meritocracy has entered the annals of HR handbooks authored by them, the truest meaning of meritocracy is an acceptance of diversity which a few places are yet to wholly realise. For this to happen, we must redesign our promotion processes to take into account exceptional talent; create a workplace that benchmarks performance on the basis of talent alone and not dress code or marital status or community; promote a culture where employee stories of honest failures are celebrated and case studied along with success stories.
Diversity is a huge challenge, but also a great opportunity. Getting diversity policy right will be a future game changer and there is no greater diversity than the diversity of cool minds.

Life @ Work

I am not a firm believer in this whole work-life divide and believe instead that Gen Y or even Z, are not ready to compartmentalise their lives like many of us do. An office gym, a chill zone, bean bags, aesthetically designed spaces, a cafeteria which stacks muesli and fruits along with pizza and soda are the bread crumbs that will attract these lately born birds.

Fruit is set for employees during lunch in the cafeteria of the Goldman Sachs Group Inc. office in New York. (Photographer: Chris Goodney/Bloomberg)
Fruit is set for employees during lunch in the cafeteria of the Goldman Sachs Group Inc. office in New York. (Photographer: Chris Goodney/Bloomberg)
With technology pervading every realm of our lives, the line between inside work and outside work is often blurred, thereby making it more imperative that employers rethink and evolve their social media and information technology policies. For HR, this can also be an invaluable data pool that provides them with added insights about staff preferences. However, one must also account for the impatience that marks millennials – they are far less forgiving of any technical hiccups or IT infrastructure restrictions than the previous generation and will not tolerate anything that comes in the way of their work.
Finally, beyond technology, companies will need to account for legislative changes around healthcare, leave management and attendance policies, and labour laws and adjust their strategies going forward.
In fact, RPG’s no-attendance policy is a huge draw at campuses, while employees love our aesthetically-designed office spaces which are aimed at giving a home-like vibe and feel.

I Matter

While narcissistic and self-absorbed are terms one often hears being used to label millennials, I’d like to imagine that having been born in a world that offers wide multiplicity of choices and that simply by virtue of hailing from smaller and more affluent family units, allows this generation the flexibility to exercise choice and demand recognition in a dynamic world. Gone are the days when a top grad school executive would wait for three years before a role change or promotion. Unless companies can build workplaces where employees can feel at home, be themselves, and are assigned roles which tap into their unique set of competencies, employee engagement and attrition will remain every HR manager’s nightmare.



A cyclist rides past Google Inc. offices inside the Googleplex headquarters in Mountain View, California, U.S., on Thursday, Feb. 18, 2016. (Photographer: Michael Short/Bloomberg)
A cyclist rides past Google Inc. offices inside the Googleplex headquarters in Mountain View, California, U.S., on Thursday, Feb. 18, 2016. (Photographer: Michael Short/Bloomberg)
Corporate social responsibility, of course, remains another key area to reinforce this sense of 'I Matter' within employees and companies will need to examine ways and means of tapping deeper into this area. A 2007 PwC study revealed that 90 percent of U.S. respondents would actively seek out employers whose corporate responsibility behaviour reflected their own.
While workplace 2.0 will demand its members to be flexible and learning agile, it will also offer the benefits of greater democratisation and rich experiences. I know, I would truly love to belong to such a place.

Modi-Backed ETF Hooks Investors as Fund Beats India Stock Gauge

Modi-Backed ETF Hooks Investors as Fund Beats India Stock Gauge

(Bloomberg) -- For investors, India’s Prime Minister Narendra Modi is emerging as the best manager of companies.
His government’s exchange traded fund of the top 10 state-owned firms has returned 31 percent in the past year, more than double the gains in the benchmark stock index, data compiled by Bloomberg show. Investors who missed buying the fund three years ago will get an opportunity on Wednesday as Modi seeks to raise 45 billion rupees ($660 million) selling new units.
The fund’s tilt toward energy shares has helped it deliver market-beating returns as an agreement by OPEC last year to cut output sparked the biggest oil rally since 2009. The performance may sustain as better-than-expected demand in China helps support a revival in commodity prices. An index of Indian oil stocks is up 3.5 percent since Jan. 1 after rising 27 percent last year, and metalmakers are having their best start to a year since 2012.
“The fund’s outlook looks strong on hopes of a continuing upsurge in commodity prices and Modi’s pro-growth policies to boost the public sector profitability,” said Manoj Nagpal, chief executive officer at Mumbai-based investor advisory firm Outlook Asia Capital Pvt. “The fund’s performance is expected to attract a lot of investors for the new tranche.”
The Central Public Sector Enterprises ETF is part of the government’s asset-sale plan aimed at narrowing Asia’s widest fiscal deficit without reducing public spending that’s sustaining one of the world’s fastest growth rates. The administration, which would earlier focus only on selling stakes in companies, is considering options including dividend payouts and capital restructuring to raise revenue.
The government has garnered 235 billion rupees ($3.5 billion) via minority and strategic stake sales in the fiscal year ending March 31, against a target of 565 billion rupees. Only five times since 1998 has the nation met or beaten its disinvestment target, data show. The fundraising through the CPSE ETF would be the biggest this financial year if the fund raises as much as 60 billion rupees, including an over-allotment option of 15 billion, according to Sundeep Sikka, chief executive officer at Reliance Nippon Life Asset Management Co.

Summary

  • CPSE ETF was launched in March 2014 by Goldman Sachs Asset Management India. The fund garnered 43 billion rupees versus a 30-billion rupee target. Reliance Mutual Fund operates the fund after it bought Goldman’s local ETF business in 2015.
  • Oil & Natural Gas Corp., the nation’s largest explorer, had the highest weighting of 24 percent as of Dec. 31, followed by Coal India Ltd., the world’s largest miner of the fuel, at 20.5 percent: Bloomberg data.
  • Indian Oil Corp. is the fund’s third-biggest holding. The stock has more than doubled in the past two year

Xiaomi Redmi Note 4 may come on Jan 19, exclusively on Flipkart

Xiaomi Redmi Note 4 may come on Jan 19, exclusively on Flipkart

Priya Pathak   |   @Priyapathakview
Last Updated: JAN 16, 2017
Xiaomi Redmi Note 4 may come on Jan 19, exclusively on Flipkart
Xiaomi may launch its Redmi Note 4 on January 19 and now a latest teaser released by the company suggests that the phone will be sold exclusively on Flipkart. The e-commerce site  has released a video on Twitter confirming that it will be the exclusive seller of the upcoming Xiaomi device.
Xiaomi Redmi Note 4 is a successor to Redmi Note 3 smartphone and was first launched in China in August last year. While the smartphone is powered by a 10-core MediaTek Helip X20 processor in China, it is expected to come with Snapdragon 625 processor as the company is not permitted to sell MediaTek-based phones in India.

The Redmi Note 4 sports a 5.5-inch FullHD display with 1080p resolution and 2.5D curved glass.  The smartphone will come in three size variants which are 2GB RAM with 16GB internal storage, 3GB RAM and 32GB internal storage, and the 4GB  with 64GB storage inside. The internal storage is expandable up to 128GB via microSD card.
Redmi Note 4 may come with a 13-megapixel rear camera with pdaf and dual-LED flash. A  5-megapixel camera on front is expected on the front.  The smartphone also has a fingerprint sensor on the back. Redmi Note 4 is backed by 4,100mAh battery and runs Android 6.0 Marshmallow based MIUI 8.Nothing has been revealed about the price yet. However, in  China, the 16GB variant costs CNY 899 (approx Rs 9,000) and the 64GB variant is priced CNY 1,199 (approx Rs 12,000). We expect the smartphone to be priced around this range for its India-based buyers. Xiaomi already has Redmi 3S Prime and Redmi Note 3 as the two top selling budget smartphones in India. The Redmi 3S Prime starts from Rs 8,999  while the Redmi Note 3 is selling at Rs 9,999.

Martin Luther King's daughter says 'God can triumph over Trump'

Martin Luther King's daughter says 'God can triumph over Trump'

Bernice King, King's youngest daughter, told a gathering at Ebenezer Baptist Church in Atlanta not to give up hope and "Don't be afraid of who sits in the White House."

Reuters  | Posted by Shivangi Chakravorty
New York, January 17, 2017 | UPDATED 12:33 IST
Donald Trump

Highlights

  • 1
    King said they had a constructive meeting to discuss how to improve the U.S. voting system.
  • 2
    Lewis did not mention Trump in a speech about the civil rights struggle to honor King.
  • 3
    Civil rights leaders have also opposed Trump's nominee for U.S. attorney general, Senator Jeff.
Martin Luther King's daughter said on Monday that "God can triumph over Trump," but the slain civil rights leader's son struck a conciliatory tone after meeting with the president-elect on the US holiday that honors their father.
The comments by the children of King, who championed racial justice until he was assassinated in 1968 at the age of 39, punctuated an imbroglio involving Donald Trump and African-American congressman John Lewis that broke out over the weekend.
The dispute started when Lewis, 76, a contemporary of King's who endured beatings and jail time in the civil rights movement of the 1960s, said in a televised interview that he saw Trump's election as illegitimate because of Russian interference in the campaign. That drew a scornful response from Trump.

ALL YOU NEED TO KNOW ABOUT WHAT BERNICE SAID ABOUT TRUMP:
  1. Bernice King, King's youngest daughter, told a gathering at Ebenezer Baptist Church in Atlanta not to give up hope and "Don't be afraid of who sits in the White House."
  2. "God can triumph over Trump," she said, drawing a standing ovation, one of several times she was interrupted by thunderous applause.
  3. The service at the church where King once preached takes place every year on Martin Luther King Jr Day, a federal holiday honoring his life.
  4. This year the holiday fell days before Barack Obama ends his second term as the country's first African-American president. Trump takes the oath of office as his successor on Friday.
  5. Trump, who won only 8 percent of the black vote, offered praise for King in a Twitter post on Monday, a few hours before meeting King's oldest son, Martin Luther King III, at his Trump Tower offices in New York.
  6. "Celebrate Martin Luther King Day and all of the many wonderful things that he stood for. Honor him for being the great man that he was!" Trump tweeted.
  7. Trump and King III emerged from an elevator together, shaking hands. Trump said goodbye to King, then returned to the elevator without answering questions.
  8. King said they had a constructive meeting to discuss how to improve the U.S. voting system, which King considers broken, but he skirted questions about whether he was offended by Trump's comments on Lewis.
  9. "First of all I think that in the heat of emotion a lot of things get said on both sides. I think at some point I bridge-build. The goal is to bring America together," King told reporters.
  10. Lewis did not mention Trump in a speech about the civil rights struggle to honor King, who would have turned 88 on Sunday, but he urged young black Americans to consider voting a "sacred" act.
  11. "We all must become participants in the democratic process. When you get old enough to register to vote, go and register and vote," Lewis said in a half-hour address in Miami.
  12. "The vote is precious. It is almost sacred. It is the most powerful, nonviolent instrument or tool that we have in a democratic society, and we must use it."
  13. The Trump-Lewis exchange began when Lewis told NBC News in segments of an interview released on Friday that he would not attend Trump's inauguration in part because "I don't see this president-elect as a legitimate president."
  14. He referred to the findings of U.S. intelligence agencies that Russia used hacking and other methods to try to help Trump, a Republican, defeat Democrat Hillary Clinton in the Nov. 8 election.
  15. Trump was withering in his response the following day, saying in tweets that Lewis, a revered figure who risked his life for civil rights, was "All talk, talk, talk - no action or results."
  16. While many Democrats and Republicans said they disagreed with Lewis, they also questioned Trump's decision to denigrate an African-American political leader of Lewis' stature, especially over the Martin Luther King Jr weekend.
  17. Civil rights leaders have also opposed Trump's nominee for U.S. attorney general, Senator Jeff Sessions of Alabama, who was denied a federal judgeship in 1986 after allegations that he was racist and harbored sympathies toward the Ku Klux Klan, a violent white supremacist organization.
  18. The Senate Judiciary Committee has received letters from 400 civil rights organizations opposing his confirmation to the country's top law enforcement post, Democratic Senator Dianne Weinstein has said. Sessions strongly denied that he is a racist during his confirmation hearing in the Senate last week

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