New Delhi [India], Feb. 24 : Businesses in Mexico, China and India are increasingly turning to technology to power successful growth, reveals new global research by Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth.
Around three quarters of Chinese and Indian firms (74 and 73 percent respectively) and 63 percent of Mexican firms cited IT investment as important, compared to a global figure of 54 percent.
New Delhi [India], Feb. 24 : WhatsApp's on Friday rolled out its new feature 'Status' live across Android, iOS and Windows software wherein the users can upload pictures and videos for their contacts to see, instead of regular text status message.
On the occasion of its eighth birthday today, WhatsApp made live its new OTA update where users can send photos, videos and GIFs through Status to share special moments throughout their day with friends and family.
The makers of this instant messaging service have released the main features of this update, as follows:
New Delhi [India], Feb. 24 : Online fashion portal, Jabong, announced its exclusive partnership with the leading iconic headwear brand New Era, available for men, women and kids.
The brand will be offered on Jabong in different variants with prices ranging from Rs. 1, 000 to Rs. 3, 000. The formal launch of New Era exclusively on Jabong will be conducted on March 3, 2017 in Mumbai.
New Delhi [India], Feb 24 : World's leading information technology (IT) association CompTIA has unveiled a groundbreaking, vendor-neutral certification, CompTIA Cyber security Analyst (CSA+), the first of its kind to bring behavioral analytics to the forefront of assessing cyber threats.
The CompTIA CSA+ certification will offer broad-spectrum validation of knowledge and skills required to configure and use cyber-threat detection tools, perform data analysis and interpret the results to identify vulnerabilities, threats and risks to an organization. It certifies knowledge of a data-driven approach to information security.
New Delhi [India], Feb. 24 : Following the successful solar implementation at Cochin International Airport, Ganges Internationale Private Limited (GIPL), a multifaceted technology company, bagged its second project to install 11MW module mounting structures, thus enabling Cochin airport to be the world's first 'Green Airport'.
GIPL holds a vast experience in ground mount solar projects and its execution with state-of-the-art manufacturing facility in Pondicherry. GIPL invested five crores during manufacturing and installation of module mounting structures.
While 11 MW is a ground mount repeat order, the pilot tracking project is the first-of-its-kind to get installed at an Indian Airport. Tracking systems have been in the foray for a while, across all international airbases.
New Delhi [India], Feb. 24 : India-based Software-as-a-Service (SaaS) player, Djubo, launched an app facilitating property management system for hotels, titled Djubo Cloud PMS.
Djubo Cloud PMS has a host of applications for hotel operations management including point-of-sale applications for managing front office, restaurant, spa, travel desk and laundry kitchen order tracking.
"The sub four-star segments of hotels globally are looking for solutions to solve all the issues around operations, intelligence, marketing and distribution through a single cloud-based application. Djubo has demonstrated the ability to churn our international standard products out of India and with great execution ability," stated Rishikesh Singh, CTO, Djubo.
New Delhi [India], Feb. 24 : Verizon and Ericsson enabled an operational shift of 5G network from technology trials to pre-commercial pilots in the field in multiple cities across United States of America.
The fixed wireless, pre-commercial customer pilots, scheduled to begin in the first half of 2017, will enable the refining of an end-to-end 5G network using a mixture of new technology and existing Verizon infrastructure.
By working closely with Verizon, Ericsson has been able to identify deployment challenges and develop the techniques required for a quick and scalable deployment.
New Delhi [India], Feb. 23 : Google has always made sure to celebrate every special affair around the globe.
Likewise, it has dedicated its doodle today to NASA's discovery of seven earth sized exoplanets.
In a short, comical animation, the doodle shows NASA's Spitzer Space Telescope, which revealed the first known system of seven Earth-size planets around a single star.
The discovery sets a new record for greatest number of habitable-zone planets found around a single star outside our solar system. All of these seven planets could have liquid water - key to life as we know it - under the right atmospheric conditions, but the chances are highest with the three in the habitable zone.
Cotton on MCX settled up by 0.58% at 20730 due to rising domestic as well as export demand in the spot market. Though, reports of improving supplies from major growing regions capped some gains in cotton. As per CCI, around 30 lakh bales of cotton has been exported from the country so far as against a planned target of some 50 -60 lakh bales this cotton season. CAI estimated output at 341 lakh bales and revised its consumption higher at 295 lakh bales compared to 290 last year. As on Feb 15, 2017 about 185.9 lakh bales of cotton have arrived in the domestic market. Moreover, India has exported around 2.5 million bales so far in the 2016/17 season that started on Oct. 1. Meanwhile, CCI has also been purchasing cotton at commercial rates and has purchased around 70,000 bales till date.
Cardamom on MCX settled up by 1.95% at 1462.1 on good buying support amid a squeeze in supplies. The small cardamom markets last week remained nearly steady on matching demand and supply at auctions held in Kerala and Tamil Nadu. The week witnessed good export demand even at the current price levels and that in turn has kept the market by and large steady. Exporters bought an estimated 100-120 tonnes of capsules last week, he said. Arrivals last week slipped to 427 tonnes from 463 tonnes the previous week. The auction average was vacillating between Rs. 1.305 and Rs. 1.350 a kg. Total arrivals during the season from August 1 up to February 18 were at 12,853 tonnes and sales were at 12,252 tonnes. Supply continued to show a shrinkage following the continued dry spell.
Maize on NCDEX settled down by -0.63% at 1412 tracking weakness in spot demand and overseas prices. Mexico's attempts to diversify its supplies of corn could threaten a crucial market for U. S. farmers who are increasingly dependent on exports to unload record stockpiles that are depressing prices. Mexico buys nearly all its corn imports from the United States - shipments that totaled 13.603 million tonnes in the year ending Aug. 31, 2016. The sales account for about 28 percent of total U. S. corn exports, according to the U. S. Department of Agriculture. The U. S.
Jeera on NCDEX settled up by 1.13% at 17390 on expectation of good export demand at the spot market. Further, lower output from the producing regions too fuelled the uptrend. Moreover, sowing in Rajasthan is reported to be lower by 15-20% also supported jeera pries. Reports showed that the sowing of Jeera in Gujarat is pegged at 278,000 hectare as against 295,000 hectare a year ago. The arrivals of jeera in Gujarat is improving so as the demand. Around 3,044 tonnes of jeera arrived during Feb 13-17 compared to 1,957 tonnes in the previous week. As per second advance estimates for 2016/17, production of Jeera in Gujarat will be 2.21 lt, down almost 11% compared to last year production of 2.38 lt.
Turmeric on NCDEX settled up by 2.29% at 6892 on short covering tracking firmness in spot demand after prices remained under pressure on low demand and improving supplies. The demand for exports has also improved as new season good quality crop have hit the physical market. On the export front, country exported about 74,524 tonnes; up by 32% during April- Nov period compared to last year exports of 56,471 tonnes, as per government data. The turmeric arrivals in the country increase 22% last week (13-17 Feb) compared to previous week. New crop arrivals have started in all the major producing centres of Andhra Pradesh, Telangana, Maharashtra, Odisha.
Mustard Seed on NCDEX settled down by -0.11% at 3788 tracking weakness in spot demand and on expectation of higher supply. India's agriculture department in second advance estimated pegged mustard seed crop at 7.912 million tons as compared to 6.797 million tons a year ago. Sources projected new mustard crop between 6.5-7 million tons. With the expectation of good crop in 2016/17, the new season supplies will be at higher size in the country. In addition to that the carryover stocks from last year might be higher as country imported record mustard oil and exported multiyear low mustard meal. However, the prices will get some support from the increase in minimum support price (MSP) of Rapeseed & Mustard to Rs. 3,700 per quintal for 2016/17 from Rs. 3,350 per quintal last year.
Crude palm Oil settled flat tracking weakness in spot demand and international prices. Prices also remained under pressure on expectations of higher production and ample supplies of rival soybean oil. Moreover, over government has cut base import prices for palm products in India makes prices cheaper to import. For 2nd half of Feb, the prices of CPO and RBD palm oil cut by $8 and $39 a tonnes respectively. Exports of Malaysian palm oil products for Feb 1-20 fell 0.8% to 733,288 tonnes from 739,367 tonnes shipped a month ago. Moreover, Malaysia raised the export tax rate 8.0% a ton in March compared with February's 7.5% levy. Exports of Malaysian palm oil products for Feb 1-20 fell 0.8% to 733,288 tonnes from 739,367 tonnes shipped a month ago.
Ref. Soyaoil on NCDEX settled down by -0.18% at 654.8 due to weak physical demand and higher production estimates of soyoil. The production of edible oil in 2016/17 will be 72.8 lt, up 25.5% compared to last year. Last year, edible oil production was at 58 lt. The tariff value of crude soyoil was cut by $32 per tonnes to $847 for the second fortnight of February. According to data released by the SEA, soy oil imports fell nearly 62% on year to 1.67 lt mt in January. On the domestic front, the availability of more domestic soya oil on the back of ample soyabean supplies is dragging down the prices of soya oil derivatives. As per USDA, in 2016-17, soya oil production in India is expected to be around 1.62 million tonnes (mt), up 55 per cent from the previous year.
Soyabean on NCDEX settled down by -0.75% at 2897 on ample supply in the domestic spot market. Further, favorable growing weather in South America stoked expectations of ample global supply, also influenced soyabean prices. The production is expected to be higher this year and the oil millers active at lower prices so that they can have parity to export soy meal at competitive rates. The Soybean Processors Association of India has raised the estimate for soy meal exports in 2016-17 (Oct-Sep) to 1.8 mt from 1.0 mt projected earlier.
Mentha oil on MCX settled up by 0.22% at 1029.6 amid rising demand in the domestic spot market. Further, tight stocks position on restricted supplies from producing belts of Chandausi in Uttar Pradesh, too supported mentha oil prices uptrend. China and Japan have reduced their buying quantity in the recent past due to the economic slowdown had impacted Mint product's exports which declined substantially from the export basket by 18% in terms of volume and 4% in terms of value year-on-year. Sources mentioned that nearly 14500 MT of mint products were exported in six months of the current financial year. This implies that export demand for the complete financial year can be between 27000 and 29000 MT quite cheaper, versus 23000 of total exports last year.
Aluminium on MCX settled up 0.52% at 126.05 as prices recovered on short covering despite of concerns that Chinese supply is rising. A major aluminium producer has made an indicative offer of a premium of $125 per tonne to Japanese buyers for April-June primary metal shipments, up 32 percent from the last quarter, three sources directly involved in pricing talks said. The offer comes as premiums climb in the United States and Europe, and as some Japanese buyers face lower inventories due to healthy local demand. Japan is Asia's biggest aluminium importer and the premiums for primary metal shipments that it agrees to pay each quarter over the London Metal Exchange (LME) cash price set the benchmark for the region.
Nickel on MCX settled down -0.69% at 716.50 tracking weakness from LME Nickel which traded steady at around $10,790 down 0.6 percent from the previous session, after closing down 2.7 percent overnight. It rose to its highest since Dec. 19 on Monday, amid a mining crackdown in the Philippines. Yesterday the momentum was due to the US dollar, which ascended on Tuesday. With a lack of new, fundamental developments in the nickel market, the dollar-denominated commodity is largely tracking the greenback’s movements. When the dollar climbs it makes the commodity less appealing for holders of international currencies. Meanwhile the INSG yesterday published supply and demand data on the global nickel market for the full year 2016.
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