DOCSLIB.ORG

19July 2021 India Daily

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

INDIA DAILY July 19, 2021 India 16-Jul 1-day 1-mo 3-mo Sensex 53,140 (0.0) 1.5 10.8 Nifty 15,923 (0.0) 1.5 10.9 Contents Global/Regional indices Dow Jones 34,688 (0.9) 4.2 1.8 Daily Alerts Nasdaq Composite 14,427 (0.8) 2.8 3.7 Results FTSE 7,008 (0.1) (0.1) 0.1 Nikkei 27,723 (1.0) (4.3) (6.6) HDFC Bank: Covid 2 bites into performance Hang Seng 28,005 0.0 (2.8) (3.8) L&T Infotech: Choosing the right battles to win the talent war KOSPI 3,244 (1.0) (0.7) 1.4 Value traded – India HDFC AMC: Inflows buoy near term, long-term risks unchanged Cash (NSE+BSE) 667 683 394 92,42 Derivatives (NSE) 93,029 30,372 Results, Change in Reco 1 Just Dial: White knight may set it right Deri. open interest 10,492 7,446 8,438 Company alerts Forex/money market Reliance Industries: Another step Change, basis points Sector alerts 16-Jul 1-day 1-mo 3-mo Rs/US$ 74.6 (1) 52 (24) ESG: Sustainability disclosures to evolve over time 10yr govt bond, % 6.2 2 17 12 Oil, Gas & Consumable Fuels: Staying together for longer Net investment (US$ mn) 14-Jul MTD CYTD FIIs (164) 1,153 23,258 (1,239 MFs 39 (6,926) ) Top movers Change, % Best performers 16-Jul 1-day 1-mo 3-mo TATA in Equity 1,278 1.8 11.9 43.6 IPRU in Equity 627 0.7 8.5 39.0 BHFC in Equity 807 (0.3) 10.3 37.6 UPLL in Equity 837 0.1 (0.1) 36.9 PIEL in Equity 2,351 3.2 6.4 36.7 Worst performers ADSEZ in Equity 688 (1.6) (2.6) (8.9) SRCM in Equity 28,070 (1.3) (0.5) (8.9) INDUSTOW in Equity 241 2.7 (4.4) (7.2) BRIT in Equity 3,441 (0.6) (5.5) (6.6) MMFS in Equity 162 0.8 (4.5) (5.8) [email protected] Contact: +91 22 6218 6427 For Private Circulation Only. FOR IMPORTANT INFORMATION ABOUT KOTAK SECURITIES’ RATING SYSTEM AND OTHER DISCLOSURES. REFER TO THE END OF THIS MATERIAL. ADD HDFC Bank (HDFCB) https://ultraviewer.et/en/own Banks JULY 18, 2021 load.html RESULT Sector view: Attractive Covid 2 bites into performance. HDFC Bank reported 16% yoy earnings growth on CMP (`): 1,522 the back of 18% yoy operating profit growth. Asset quality ratios showed deterioration Fair Value (`): 1,650 and the bank has reported slippages of 2.5% of loans. The retail portfolio has taken BSE-30: 53,140 most of the impact when we look at the segmental profits. We expect a recovery in business performance in the next few quarters as the situation improves from a macro standpoint. Maintain ADD with Fair Value unchanged at Rs1,650. HDFC Bank Stock data Forecasts/valuations 2021 2022E 2023E CMP(Rs)/FV(Rs)/Rating 1,522/1,650/ADD EPS (Rs) 56.4 62.6 72.6 52-week range (Rs) (high-low) 1,641-993 EPS growth (%) 17.9 11.0 15.9 Mcap (bn) (Rs/US$) 8,414/112.9 P/E (X) 27.0 24.3 21.0 QUICK NUMBERS ADTV-3M (bn) (Rs/US$) 11.4/0.2 P/B (X) 4.2 3.7 3.2 Shareholding pattern (%) BVPS 363.4 410.9 469.7 NII up 9% yoy; PAT Promoters 21.1 RoE (%) 16.6 15.9 16.2 increased 16% yoy; FPIs/MFs/BFIs 51.0/10.6/3.0 Div. yield (%) 0.0 0.8 1.0 Price performance (%) 1M 3M 12M NII (Rs bn) 649 731 820 PBT up 15% yoy Absolute 2.5 6.6 43.3 PPOP (Rs bn) 574 635 697 Rel. to BSE-30 1.3 (2.1) (1.7) Net profits (Rs bn) 311 345 400 GNPL and NNPL ratios up ~15 bps Operationally weak despite strong earnings growth and ~10 bps qoq to ~1.5% and ~0.5% HDFC Bank reported 16% yoy earnings growth on the back of (1) 18% yoy revenue growth, (2) 18% yoy operating profit growth, but offset by (3) ~25% yoy growth in provisions. NII grew Maintain ADD with 9% yoy (third weakest growth since the global financial crisis) while non-interest income grew FV at Rs1,650 ~55% yoy (low base) with fee income growing ~75% yoy and supported by higher income (unchanged) from forex. Loans grew ~14% yoy with retail loan growth at 10% yoy (1% qoq decline). NIM declined 10 bps qoq to 4.1% Asset quality ratio showed marginal deterioration with gross NPL ratio increasing 15 bps qoq to 1.5% while net NPLs increased ~10 bps qoq to 0.5% of loans. Restructured loans are at 0.8% of loans while the bank has disbursed Rs330 bn under ECLGS. Retail takes the most impact; but we expect a faster recovery as well We have broadly a few issues at hand in the retail portfolio. (1) Loan growth: growth trends have started to accelerate but largely driven by business banking. The share of unsecured loans is declining and could probably continue till we have clarity on the credit card operations. Also, EMI products where principal amortization is high in subsequent years need a much stronger M B Mahesh, CFA disbursement growth to start contributing to overall growth. (2) Revenue growth: even if the retail portfolio accelerates, it would probably take a bit longer for NII growth to contribute as the share of high-yielding assets is showing a decelerating trend and the high-yielding fixed-rate Nischint Chawathe book is being re-priced at a lower interest rate. (3) Profitability: this quarter showed that the provisions are still running quite high. Given the nature of slippages, we should expect a faster recovery although timelines are a bit challenging as we are also dependent on the recovery Abhijeet Sakhare environment on existing NPLs. (4) We are still unsure of the cost involved in the transformation of the bank from a technology perspective. We understand that HDFC Bank is likely to spend more to improve its infrastructure but its impact on cost and timing is still not well-defined. Ashlesh Sonje Maintain ADD: a steady performer We maintain ADD rating with FV at Rs1,650 (unchanged). At our FV, we value the bank at 3.4X Dipanjan Ghosh book and 22X FY2023E EPS for RoEs at 15% levels and 15% CAGR. We keep our thesis unchanged. We believe that the near-term outlook for the large banks remains quite strong. [email protected] Contact: +91 22 6218 6427 For Private Circulation Only. FOR IMPORTANT INFORMATION ABOUT KOTAK SECURITIES’ RATING SYSTEM AND OTHER DISCLOSURES, REFER TO THE END OF THIS MATERIAL. HDFC Bank Banks Exhibit 1: HDFC Bank – quarterly performance March fiscal year-ends, 1QFY21 – 1QFY22 (Rs mn) (% chg.) 1QFY22 1QFY22E 1QFY21 4QFY21 1QFY22E 1QFY21 4QFY21 2022E 2021 (% chg.) 2023E Income statement (Rs mn) Interest income 304,830 311,637 303,780 304,236 (2.2) 0.3 0.2 1,321,349 1,208,750 9.3 1,499,812 Interest on advances 235,927 242,272 240,374 238,116 (2.6) (1.8) (0.9) 1,011,334 948,345 6.6 1,137,700 Interest on investments 64,931 65,355 55,976 61,663 (0.6) 16.0 5.3 283,815 232,311 22.2 333,203 Other interest 3,971 4,011 7,430 4,456 (1.0) (46.6) (10.9) 26,200 28,094 (6.7) 28,908 Interest expense 134,740 133,600 147,126 133,034 0.9 (8.4) 1.3 590,423 559,787 5.5 679,967 Net interest income 170,090 178,037 156,654 171,202 (4.5) 8.6 (0.6) 730,925 648,964 12.6 819,845 Non interest income 62,885 56,803 40,753 75,939 10.7 54.3 (17.2) 266,933 252,049 5.9 296,995 - fee income 38,854 39,037 22,307 50,233 (0.5) 74.2 (22.7) 190,781 161,693 18.0 218,309 - exchange income 11,987 6,549 4,366 8,793 83.0 174.6 36.3 30,480 24,384 25.0 34,138 - sale of invts. 6,010 5,000 10,867 6,551 20.2 (44.7) (8.3) 15,000 38,670 (61.2) 10,000 Non treasury income 56,875 51,803 29,886 69,388 9.8 90.3 (18.0) 251,933 213,379 18.1 286,995 Total income 232,975 234,841 197,407 247,141 (0.8) 18.0 (5.7) 997,859 901,013 10.7 1,116,840 Op. expenses 81,604 86,304 69,115 91,813 (5.4) 18.1 (11.1) 362,933 327,226 10.9 419,880 Employee cost 27,656 27,860 25,134 26,789 (0.7) 10.0 3.2 118,926 103,648 14.7 138,504 Other cost 53,949 58,444 43,980 65,024 (7.7) 22.7 (17.0) 244,007 223,578 9.1 281,377 Operating profit 151,370 148,536 128,293 155,328 1.9 18.0 (2.5) 634,926 573,786 10.7 696,959 Provisions and cont. 48,308 47,876 38,915 46,937 0.9 24.1 2.9 170,892 157,197 8.7 159,316 PBT 103,062 100,661 89,378 108,391 2.4 15.3 (4.9) 464,034 416,590 11.4 537,643 Tax 25,766 22,454 22,791 26,526 14.7 13.0 (2.9) 118,793 105,425 12.7 137,637 Net profit 77,296 78,207 66,586 81,865 (1.2) 16.1 (5.6) 345,241 311,165 11.0 400,007 Tax rate (%) 25.0 22.3 25.5 24.5 269 bps -50 bps 53 bps 25.6 25.3 29 bps 25.6 Op.profit excl treasury gains 145,360 143,536 117,426 148,777 1.3 23.8 (2.3) 619,926 535,116 15.8 686,959 EPS (Rs) 14 28 12 15 (50.7) 15.3 (5.8) 63 56 11.0 73 Key balance sheet items (Rs bn) Total deposits 13,458 13,460 11,894 13,351 (0.0) 13.2 0.8 15,319 13,351 14.7 17,516 Savings deposits 4,261 3,274 4,035 30.2 5.6 4,553 4,035 13 5,119 Current deposits 1,857 1,501 2,122 23.7 (12.5) 2,298 2,122 8 2,627 Term deposits 7,340 7,120 7,194 3.1 2.0 8,468 7,194 18 9,770 CASA ratio (%) 45.5 40.1 46.1 532 bps -66 bps 44.72 46.12 -139 bps 44.22 Investment 4361.3 4,615 3793.5 4437.3 (5.5) 15.0 (1.7) 5,171 4,437 16.5 5,923 Loans 11,477 11,475 10,033 11,328 0.0 14.4 1.3 12,878 11,328 13.7 14,725 Corporate and others 6,242 5,283 6,053 18.1 3.1 Retail credit 5,235 4,750 5,276 10.2 (0.8) Housing loans 723 627 702 15.3 2.9 Car loans 838 811 844 3.3 (0.7) Loan against sec 18 18 18 — (2.7) Personal loans 1,198 1,116 1,186 7.4 1.0 Two wheeler 86 96 93 (10.3) (7.6) Credit cards 604 547 647 10.5 (6.6) Commercial vehicles 271 278 280 (2.5) (3.1) Business Banking 735 606 709 21.3 3.6 Others 762 653 797 16.7 (4.3) Asset quality (Rs bn) Gross NPL 171 138 151 24.1 13.3 196.2 150.9 30.0 209.1 Net NPL 55 33 46 67.3 20.4 65.0 45.5 42.7 59.1 Gross NPL (%) 1.5 1.4 1.3 11 bps 15 bps 1.5 1.3 17 bps 1.4 Net NPL (%) 0.5 0.3 0.4 15 bps 8 bps 0.5 0.4 10 bps 0.4 PCR (%) 68 76 70 -827 bps -189 bps 66.9 69.8 -294 bps 71.7 Capital adequecy (%) CAR 19.1 18.9 18.8 20 bps 30 bps - Tier- I 17.9 17.5 17.6 40 bps 30 bps - Key calculated ratios (%) Yield on advances 8.3 9.6 8.6 -135 bps -32 bps 8.4 8.9 -56 bps 8.2 Yield on investment 5.7 5.6 5.5 6 bps 17 bps 5.9 5.6 35 bps 6.0 Yield on funds 7.2 8.2 7.4 -103
Recommended publications
  • Unaudited Financial Results for the Quarter / Nine Months Ended December 31, 2020

    Unaudited Financial Results for the Quarter / Nine Months Ended December 31, 2020

    January 22, 2021 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex, Mumbai 400 001 Bandra (East) Mumbai 400 051 Scrip Code: 500325 / 890147 Trading Symbol: RELIANCE / RELIANCEPP Dear Sirs, Sub: Consolidated and Standalone Unaudited Financial Results for the quarter / nine months ended December 31, 2020 In continuation of our letter dated January 15, 2021 and pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we enclose the Unaudited Financial Results (Consolidated and Standalone) for the quarter / nine months ended December 31, 2020, duly reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company, at their respective meetings held today. The meeting of the Board of Directors commenced at 5:15 p.m. and concluded at 7:30 p.m. Kindly acknowledge the receipt. Thanking you, Yours faithfully, For Reliance Industries Limited Savithri Parekh Joint Company Secretary and Compliance Officer Encl.: as above Copy to: The Luxembourg Stock Exchange Singapore Stock Exchange Societe de la Bourse de Luxembourg 2 Shenton Way, #19- 00 SGX Centre 1, 35A boulevard Joseph II Singapore 068804 B P 165, L-2011 Luxembourg Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: [email protected], Website: www.ril.com CIN- L17110MH1973PLC019786
  • Manatee Infographic

    Manatee Infographic

    Manatee County Public Library System Ask a Librarian Stats March 2017 - March 2018 March 2017 - March 2018 Questions Answered • 1,267 Emails • 105 SMS • 1 Chat Question Types Email SMS Chat 8% 92% Emails and SMS Answered By Month 150 112.5 75 37.5 0 Mar 2017 Apr 2017 May 2017 Jun 2017 Jul 2017 Aug 2017 Sep 2017 Oct 2017 Nov 2017 Dec 2017 Jan 2018 Feb 2018 Mar 2018 Acquisition How do patrons find us online? Acquisition: Patron Entrance Points 1% 1% 5% 93% mymanatee.org/home/government/departments/neighborhood-services/library/catalog-contact.html mymanatee.org/home/government/departments/neighborhood-services/library/eref.html mymanatee.org/home/government/departments/neighborhood-services/library.html manatee.polarislibrary.com/search/default.aspx go.galegroup.com/ps/start.do Links to Ask a Librarian mymanatee.org has 3 links to Ask a Librarian Patrons by City Bradenton Bayshore Gardens Sarasota Palmetto (not set) North Sarasota Myakka City Winter Haven Longboat Key Tampa North Port St. Petersburg Clearwater Ellenton Hudson Largo Orlando Holmes Beach Samoset Siesta Key South Bradenton Whitfield Gibsonton Haines City Mulberry Orange City Port Richey Spring Hill Tallahassee Desoto Lakes The Meadows 0 50 100 150 200 250 300 350 400 450 500 550 600 650 700 Page Views 93% are from outside the library 7% Service Provider 93% Manatee County Government Other Patrons by Service Provider time warner cable internet llc frontier communications corporation manatee county government (not set) comcast ip services l.l.c. mci communications services inc. d/b/a verizon business hotwire communications bright house networks llc myakka technologies inc.
  • OPEC+ Compliance with Oil Output Cuts in July at 97Pc

    OPEC+ Compliance with Oil Output Cuts in July at 97Pc

    TUESDAY, AUGUST 18, 2020 06 07 TUESDAY, AUGUST 18, 2020 TikTok Argentina officially presents debt signs music restructure offer distribution OPEC+ compliance with oil to SEC deal with Classified UnitedMasters Reuters | Washington output cuts in July at 97pc ­­ ­ ikTok is partnering with TUS music distribution OPEC+ sources Argentina’s Economy Minster ­ company UnitedMasters, a Martin Guzman ­ ­ said• they expect no deal that will allow creators AFP on the Chinese video shar- change in the current ­ ­ ­ ­ ing app to directly distrib- production agreement ecession-hit Argenti- ­ ute their music to streaming Rna yesterday officially ­ platforms like Spotify and In August, OPEC+ presented its offer to the Apple Music. US Securities and Exchange eased• its agreed ­ The move comes days af- Commission (SEC) to re- ter President Donald Trump cuts to 7.7 m barrels structure a $66 billion debt ordered TikTok’s parent per day (bpd) under foreign legislation, ­ ­ ByteDance to divest the US the government said. ¤ operations of the video app Reuters | London/Moscow/ It follows the passing of within 90 days.
  • Trade Marks Journal No: 1855 , 25/06/2018 Class 9

    Trade Marks Journal No: 1855 , 25/06/2018 Class 9

    Trade Marks Journal No: 1855 , 25/06/2018 Class 9 1407913 21/12/2005 INTEL CORPORATION, 2200 MISSION COLLEGE BOULEVARD, SANTA CLARA, CALIFORNIA, 95052 - 8119, U. S. A. MANUFACTURER AND MERCHANT. ( A DELAWARE CORPORATION ). Address for service in India/Agents address: RANJAN NARULA ASSOCIATES. VATIKA TOWERS, 10TH FLOOR, BLOCK-B, SECTOR-54, GURGAON 122002, NATIONAL CAPITAL REGION, (HARYANA) Proposed to be Used DELHI COMPUTERS; NOTE BOOK COMPUTERS; LAPTOP COMPUTERS; PORTABLE COMPUTERS; HANDHELD COMPUTERS; PERSONAL DIGITAL ASSISTANTS; PERSONAL MEDIA PLAYERS; MOBILE TELEPHONES; SMART PHONES; DIGITAL CAMERAS; COMPUTER WORKSTATIONS; SERVERS; COMPUTER HARDWARE; COMPUTER AND TELECOMMUNICATIONS NETWORKING HARDWARE; COMPUTER NETWORK ADAPTORS, SWITCHES, ROUTERS AND HUBS; WIRELESS AND WIRED MODEMS AND COMMUNICATION CARDS AND DEVICES; COMPUTER FIRMWARE FOR USE IN OPEERATING AND MAINTAINING THE COMPUTER SYSTEM; COMPUTER SOFTWARE; SEMICONDUCTORS; MICROPROCESSORS; INTEGRATED CIRCUITS; CENTRAL PROCESSING UNITS; MICROCOMPUTERS; COMPUTER CHIPSETS; COMPUTER MOTHERBOARDS AND DAUGHTERBOARDS; COMPUTER GRAPHICS BOARDS; COMPUTER PERIPHERALS AND ELECTRONIC APPARATUS FOR USE WITH COMPUTERS; PARTS, FITTINGS, AND TESTING APPARATUS FOR ALL THE AFORESAID GOODS; DOWNLOADABLE ELECTRONIC PUBLICATIONS IN THE AREA OF COMPUTERS, TELECOMMUNICATIONS, TELEPHONY, AND WIRELESS COMMUNICATIONS 1116 Trade Marks Journal No: 1855 , 25/06/2018 Class 9 MERIDIIST Priority claimed from 08/04/2008; Application No. : 54545/2008 ;Switzerland 1741302 07/10/2008 LVMH SWISS MANUFACTURES SA trading
  • Important Monthly Static GK Capsule – November 2020

    Important Monthly Static GK Capsule – November 2020

    Important Monthly Static GK Capsule – November 2020 Important Monthly Static GK Capsule – November 2020 Topics Page No. Financial Organizations Present Heads & HQs 2 Indian/International Organizations Present Heads & HQs 3 States – Present Governor - CM 5 List of Minister-Ministries and Constituency 6 Important Country - Currency - Capital 8 MOU 8 Summits 10 Ranking and Index 11 Books and Authors 12 Mergers and Acquisitions 13 Apps and Web Portal 13 Click Here for High Quality Mock Test Series for IBPS RRB PO Mains 2020 Click Here for High Quality Mock Test Series for IBPS RRB Clerk Mains 2020 Follow us: Telegram , Facebook , Twitter , Instagram 1 Important Monthly Static GK Capsule – November 2020 Financial Organisations Involved in November Month Current Affairs Name of the Organization Headquarters Head of the Organization Reserve Bank of India Mumbai Shaktikanta Das Bajaj Allianz General Pune Tapan Singhel Insurance Karnataka Bank Mangalore Mahabaleshwara MS Securities and Exchange Mumbai Ajay Tyagi Board of India National Bank for Agriculture Mumbai Govinda Rajulu Chintala and Rural Development Insurance Regulatory and Hyderabad Subash Chandra Khuntia Development Authority of India DCB Bank Mumbai Murali M Natrajan Jio Payments Bank Mumbai Vivek Bhandari HDFC Bank Mumbai Sashidhar Jagdishan Indian Bank Chennai Padmaja Chunduru Axis Bank Mumbai Rakesh Makhija State Bank of India Mumbai Dinesh Khara India Post Payments Bank New Delhi J Venkatramu ICICI Bank Mumbai Sandeep Bakshi South Indian Bank Thrissur Murali Ramakrishnan Indian
  • LYF Smartphone+ Introduces Special Edition LYF F1 – a Device Designed to Deliver Enhanced Experience Over Advanced 4G Network

    LYF Smartphone+ Introduces Special Edition LYF F1 – a Device Designed to Deliver Enhanced Experience Over Advanced 4G Network

    MEDIA RELEASE LYF Smartphone+ introduces special edition LYF F1 – a device designed to deliver enhanced experience over advanced 4G network Special Edition device features cutting-edge technology that works best with Jio – the world’s largest all-4G network Mumbai, 21st October 2016: Reliance Retail today launched LYF F1, a Special Edition future- ready device from LYF Smartphone+. From introducing VoLTE in smartphones across all price segments to offering advanced features, such as dual camera, smart gestures and voice command controls, LYF continues to spearhead the transition in smartphone technology. With F1, LYF presents a future ready device designed to deliver an enhanced experience over advanced networks. Equipped with carrier aggregation (CA) support, LYF F1 is designed to tap the fullest potential of Jio, the world’s largest all-IP network. The CA technology gives users vastly improved data transfer rates and unmatched browsing experience. This feature is known to boost battery life. Importantly, F1 comes equipped with Rich Communication Services – a set of evolved Messaging services and enriched calling features. The evolved Messaging feature, an enhancement of the existing SMS feature on LTE network, allows group chat, file and location sharing, and much more through the good old SIM-based messaging. Enriched calling lets the user set context to a call by adding location, image, urgency and customised message. Loaded with a 16 MP rear camera, LYF F1 is designed for low-light photography, powered by advanced software technology. Other camera features include a unique multi-focus mode, and electronic image stabilisation that allows steady video recording while in motion.
  • Lyf Jio F271i TWRP [Original APK File] 2019 [53E945a1] Lyf Jio F271i TWRP [Original APK File] 2019 - Updated 09 October 2021

    Lyf Jio F271i TWRP [Original APK File] 2019 [53E945a1] Lyf Jio F271i TWRP [Original APK File] 2019 - Updated 09 October 2021

    Free Download Lyf Jio F271i TWRP [original APK File] 2019 [53e945a1] Lyf Jio F271i TWRP [original APK file] 2019 - updated 09 October 2021 Last update: 09 October 2021 Free download and install TWRP on a Lyf Jio F271i How can I install Lyf Jio F271i TWRP latest version, supported android 10, 4, 6, 5, 7, 9, 8. Lyf Jio F271i TWRP Free download TWRP APK on a android version: KitKat, Pie, Marshmallow, Nougat, Lollipop, Lollipop, Oreo, Q. App Name?: ? TWRPAndroid.APK Last Update: 25 October 2019 1 Free Download Lyf Jio F271i TWRP [original APK File] 2019 Language English, Igbo, Basque, Yoruba, Japanese, Hindi, Cherokee (Cherokee), English, pack: Malayalam, English (United States), Serbian (Latin), Indonesian, Bangla (India), Hebrew, Portuguese (Portugal), Albanian, Estonian, Setswana (South Africa and Botswana), isiZulu, Amharic, Italian, Maori, Croatian, Lithuanian, Odia, Vietnamese, Kinyarwanda, Tajik (Cyrillic), Hausa (Latin), Sindhi (Arabic), Marathi, Swedish, Gujarati, Tatar, Irish, Nepali, Quechua, Russian, Armenian, Mongolian (Cyrillic), Dari, Thai, Assamese, KiSwahili, Chinese Simplified, Khmer, Catalan, Kannada, Afrikaans, German, Latvian, Polish, French, Central Kurdish (Arabic), Finnish, Konkani, Spanish, Uyghur , Portuguese (Brazil), Serbian (Cyrillic, Serbia), Bulgarian, Sesotho sa Leboa, Telugu, Azerbaijani (Latin), Kiche, Kazakh, Persian, Georgian, Luxembourgish, Norwegian (Nynorsk), Romanian, Welsh, Korean, Uzbek (Latin), Turkish, Ukrainian, Tamil (India and Sri Lanka), Dutch, Bangla (Bangladesh), Tigrinya (Ethiopia), Macedonian, Icelandic, Arabic, Chinese Traditional?, Norwegian (Bokmål), Serbian (Cyrillic, Bosnia and Herzegovina), isiXhosa, Malay (Malaysia, Brunei, and Singapore), Punjabi, Urdu Version: 4.2 File Size: 2.97 MB File Type: application/vnd.android.package-archive Downloads: 45 978 Download TWRP Recovery APK Supported android devices: Lyf Jio F271i, Dell Thunderbolt 3 Failed, Datalogic Magellan 1100i, Tiwell Ap 115g, Mt6580 S9, Ps4 3 50 and many others.
  • Claudia Tapia, Director IPR Policy at the Ericsson

    Claudia Tapia, Director IPR Policy at the Ericsson

    DT: a new technological and economic paradigm Dr Claudia Tapia, Director IPR Policy All views expressed in this speech are those of the author and do not necessarily represent the views of Ericsson Ericsson at a glance NETWORKS IT MEDIA INDUSTRIES Create one network for Transform IT to accelerate Delight the TV Connect industries to a million different needs business agility consumer every day accelerate performance Worldwide mobile 42,000 Patents 40% traffic provided by 222,6 B. SEK Net Sales our networks R&D Employees Licensing Countries with 23,700 >100 agreements 180 customers Average p.a. Licensing revenues Employees 5 B. usd in R&D 10 b. Sek 111,000 Page 2 415,000,000,000 Page 3 STANDARDISATION PROCESS Early Technical Unapproved contribution investment (described in R&D in a patent) Adopted by Standard FRAND CONSENSUS in essential commitment standard patent Return on Access to the investment standard Interoperable high performance devices at a FRAND = Fair, Reasonable and Non- reasonable price DiscriminatoryPage 4 (terms and conditions) 4,000,000,000,000 Page 5 3,452,040 Page 6 3G and LTE (3GPP - 1999 – Dec. 2014 ) 262,773 Submitted contributions 43,917 Approved contributions (16,7%) Source: Signals Research Group. The Essentials of IP, from 3G through LTE Release 12, May 2015 Page 7 LTE approved Contributions for 13 WGs (2009 - Q3 2015) –Source: ABI Research COMPANY RANK Ericsson 1 Huawei 2 Nokia Networks 3 Qualcomm 4 ALU 5 ZTE 6 Samsung 7 Anritsu 8 Rohde & Schwarz 9 CATT 10 Page 8 Principles of standardisation CONSENSUS TRANSPARENCY IMPARTIALITY OPENNESS ..
  • Arxiv:2009.13833V2 [Cs.CL] 10 Oct 2020 (Howard and Ruder, 2018; Peters Et Al., 2018; De- Rent Approach of Learning

    Arxiv:2009.13833V2 [Cs.CL] 10 Oct 2020 (Howard and Ruder, 2018; Peters Et Al., 2018; De- Rent Approach of Learning

    HINT3: Raising the bar for Intent Detection in the Wild Gaurav Arora Chirag Jain Jio Haptik Jio Haptik [email protected] [email protected] Manas Chaturvedi Krupal Modi Jio Haptik Jio Haptik [email protected] [email protected] Abstract background of domain experts involved in defining the classes make this task more challenging. Dur- Intent Detection systems in the real world ing inference, these systems may be deployed to are exposed to complexities of imbalanced users with diverse cultural backgrounds who might datasets containing varying perception of in- tent, unintended correlations and domain- frame their queries differently even when commu- specific aberrations. To facilitate benchmark- nicating in the same language. Furthermore, during ing which can reflect near real-world scenar- inference, apart from correctly identifying in-scope ios, we introduce 3 new datasets created from queries, the system is expected to accurately reject live chatbots in diverse domains. Unlike out-of-scope (Larson et al., 2019) queries, adding most existing datasets that are crowdsourced, on to the challenge. our datasets contain real user queries received by the chatbots and facilitates penalising un- Most existing datasets for intent detection are wanted correlations grasped during the train- generated using crowdsourcing services. To accu- ing process. We evaluate 4 NLU platforms rately benchmark in real-world settings, we release and a BERT based classifier and find that per- 3 new single-domain datasets, each spanning mul- formance saturates at inadequate levels on test tiple coarse and fine grain intents, with the test sets sets because all systems latch on to unintended being drawn entirely from actual user queries on patterns in training data.
  • India Internet a Closer Look Into the Future We Expect the India Internet TAM to Grow to US$177 Bn by FY25 (Excl

    India Internet a Closer Look Into the Future We Expect the India Internet TAM to Grow to US$177 Bn by FY25 (Excl

    EQUITY RESEARCH | July 27, 2020 | 10:48PM IST India Internet A Closer Look Into the Future We expect the India internet TAM to grow to US$177 bn by FY25 (excl. payments), 3x its current size, with our broader segmental analysis driving the FY20-25E CAGR higher to 24%, vs 20% previously. We see market share likely to shift in favour of Reliance Industries (c.25% by For the exclusive use of [email protected] FY25E), in part due to Facebook’s traffic dominance; we believe this partnership has the right building blocks to create a WeChat-like ‘Super App’. However, we do not view India internet as a winner-takes-all market, and highlight 12 Buy names from our global coverage which we see benefiting most from growth in India internet; we would also closely watch the private space for the emergence of competitive business models. Manish Adukia, CFA Heather Bellini, CFA Piyush Mubayi Nikhil Bhandari Vinit Joshi +91 22 6616-9049 +1 212 357-7710 +852 2978-1677 +65 6889-2867 +91 22 6616-9158 [email protected] [email protected] [email protected] [email protected] [email protected] 85e9115b1cb54911824c3a94390f6cbd Goldman Sachs India SPL Goldman Sachs & Co. LLC Goldman Sachs (Asia) L.L.C. Goldman Sachs (Singapore) Pte Goldman Sachs India SPL Goldman Sachs does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.

  • Mab 2018 Mab 2017 Brand Name Category

    MAB MAB BRAND NAME CATEGORY (SUPER CATEGORY) 2018 2017 1 215 SAMSUNG Mobile Phones (GADGETRY) 2 181 TATA MOTORS Four Wheeler - Manufacturer (AUTOMOBILE) 3 92 APPLE iPHONE Mobile Phones (GADGETRY) 4 24 RELIANCE JIO Mobile Service Provider (TELECOM) 5 7 MARUTI SUZUKI Four Wheeler - Manufacturer (AUTOMOBILE) 6 1 SAMSUNG Diversified (CONSUMER ELECTRONICS) 7 - DELL Laptops (TECHNOLOGY) 8 46 STATE BANK OF INDIA Bank - PSU (BFSI) 9 21 NIKE Sportswear (PERSONAL ACCESSORIES) 10 5 HONDA Four Wheeler - Manufacturer (AUTOMOBILE) 11 25 TITAN Watches (PERSONAL ACCESSORIES) 12 20 OPPO Mobile Phones (GADGETRY) 13 - SONY Televisions (CONSUMER ELECTRONICS) 14 19 GOOGLE Internet Search (INTERNET) 15 26 VIVO Mobile Phones (GADGETRY) 16 58 LIC Life Insurance - PSU (BFSI) 17 29 BAJAJ PULSAR Two Wheeler - Brand (AUTOMOBILE) 18 13 HYUNDAI Four Wheeler - Manufacturer (AUTOMOBILE) 19 41 TOYOTA Four Wheeler - Manufacturer (AUTOMOBILE) 20 31 ICICI BANK Bank - Private (BFSI) 21 52 LUX Bath/Beauty (FMCG) 22 402 LG Televisions (CONSUMER ELECTRONICS) 23 63 LAKME Cosmetics (FMCG) 24 96 HDFC BANK Bank - Private (BFSI) 25 273 HERO MOTOCORP Two Wheeler - Manufacturer (AUTOMOBILE) 26 43 COLGATE Oral Hygiene (FMCG) 27 - SAMSUNG Televisions (CONSUMER ELECTRONICS) 28 34 BMW Four Wheeler - Luxury (AUTOMOBILE) 29 30 VODAFONE-IDEA Mobile Service Provider (TELECOM) 30 - AMINIA Diner/Restaurant (RETAIL) 31 110 PONDS Cosmetics (FMCG) 32 49 ABP NEWS Hindi News (MEDIA - TV) 33 16 ADIDAS Sportswear (PERSONAL ACCESSORIES) 34 33 AUDI Four Wheeler - Luxury (AUTOMOBILE) 35 28 NOKIA Mobile
  • Streaming on Demand: Otts Disrupt the Traditional Cable TV Market Sales & Marketing, March 22, 2019

    Streaming on Demand: Otts Disrupt the Traditional Cable TV Market Sales & Marketing, March 22, 2019

    Streaming on Demand: OTTs disrupt the traditional cable TV market Sales & Marketing, March 22, 2019 The digitisation environment in India has undergone a transformation with the decline in data charges and introduction of sachet pricing for content unleashing a broadband revolution. This has led to an increase in smartphone, tablet and smart TV penetration, as well as the number of people consuming digital content. In 2021, mobile data traffic is expected to reach 5.5 exabytes per month, at a compound annual growth rate of 40 per cent, and video is likely to contribute to 75 per cent of this. At present, India has an online video audience of 350 million, which is expected to reach 500 million by the end of 2020. Accounting for 75 per cent of the new video audience, rural India is expected to drive the growth of the digital segment. With increased smartphone penetration in rural areas, regional over-the-top (OTT) content is likely to attract greater investment. Further, the revenue from regional content is expected to increase from Rs 9.2 billion in 2017-18 to Rs 12.5 billion in 2018-19. Several content producers have been able to generate revenue through minimum guarantee and revenue share arrangements. However, the amount of revenue generated depends on several factors, such as first window or second window, exclusivity of content on platforms, and the period for which rights have been acquired. In certain cases, OTT players and content creators have signed fixed-value contracts or arrangements, which has allowed creators to produce high quality content with negligible or no risk.