NEWS HEADLINES OF THE DAY – 04 July 2017– TUESDAY India successfully test-fires short range missile in Odisha, range 25-30 km. multiple target Sikkim row: Beijing accuse India of ‘betrayal’, navy notice increase Chinese activity in Indian Ocean 1 Crs PANs linked to Aadhaar in June total 7.2Crs out of 25Crs PAN, not linked remain valid for now Twitter 1MN: From #GSTIndia to #GSTForCommonMan, people express opinions and conversation UK: Chappell (18) arrested in international cyberattack, supplied software t0 crash website with data Qatar responds to demands after deadline extended, details not available but given to Kuwait Patient zero: Ukraine firm at centre of global cyberattack knew of problems, malicious software update Wimbledon 2017: Nadal storms into Rd 2, complete 850 career win, Andy Murray, Venus cruise through Buying house is key development in people’s lives, provides psychosocial benefits, Rented to depression Parents, take note: Picture books may not help child learn more words, result in poor word learning Interested in improving workplace productivity? Start making friends in office –well being, performance Workers reject junior partner role for Thyssenkrupp in JV with Tata Steel, so far plan 50-50 venture Reliance Cap invest $1MN in startup Billionloans Finance Co led by ex-Infy CFO Balakrishnan Except TCS, ITC top 10Cos lose 48K Cr in market cap, Reliance worst valuation plunge 17K Crs Now it’s GST turn to weigh on India’s manufacturing sector, after demonetisation, eased to 3 month low Start-ups struggling with costs vs growth dilemma, No one has yet cracked code on achieving profits Delhi HC orders SpiceJet to pay Rs250 crore, in relief to KAL Airways pertains to share transfer dispute NCDC: Optimize use of antimicrobial agent in poultry/livestock largely consumed by humans MY bank deepens push for business big banks won’t touch, offering loans to the more than 10MN SMEs IndoStar Capital close to acquiring ICICI Home Finance, 2K Crs for 67% stake, Minority shareholder Icra sees pharma industry growth tapering 7-10% over FY18-FY20 – pricing pressure/US interventions India, China to account 50% of new mobile subscribers by 2020, India 206 MN & China 155MN Infy HR: IT Job cut blown out of proportion attrition 13.8%, Involuntary on performance/mismatch 1.3% Increase in pollution particles in air, of 10 micrograms/cm3, cut victims life expectancy 9-11 yrs Govt to decide on 25% public holding for PSUs as deadline approach & no takers, may extend for 3 PSUs Indian embassy in UAE thwarts 700 fake job offers to Indians, it is illegal to charge job candidates in UAE Jet Airways may sell stakes to Delta; explores expansion of commercial ties, Etihad Airways stake at 24% Worried over RERA provision banks seek additional collateral from builders, only 30% amount be utilized Honeywell spots a $7BN opportunity in next 5 yrs through connected aircraft business if adopted fast Alcatel-Lucent bets big on India at 30% growth – 5 verticals Healthcare, Govt, hospitality, Edu, transport Microsoft to Lay Off 1000s Of Employees - to focus on marketing, selling its cloud software, Azure Facebook Fights US court gag order that it says chill Free Speech over recent 3 Govt search warrants China claim sovereignty vows to Step up Air, Sea Patrols after U.S. Warship Sails near Disputed Island Today’s Word - *Abord* - to accost; to approach
