ITC looks at buying stake in Coffee Day: Report

• Coffee Day is under pressure to pare borrowings
• A successful bid for Coffee Day will help ITC further diversify its business

No deadline for automobile companies to adopt electric vehicles: Nitin Gadkari

• 'The shift towards electric vehicle will happen in natural progression,' Gadkari said
• Gadkari’s comment comes at a time when the Indian automobile sector is staring at a slowdown

Chidambaram gets no immediate relief in SC, Chief Justice to hear petition

• Earlier, Chidambaram’s plea for an anticipatory bail was rejected by the Delhi High Court
• Solicitor General Tushar Mehta told the bench that it is a case of money laundering of 'monumental magnitude'

Amazon opens its biggest campus in Hyderabad, can accommodate 15,000 employees

• Amazon started its retail operations in India in 2013 and has since added several services to boost sales
• The Hyderabad campus of Amazon spans 1.8 million square feet of office space

Maruti launches multi-purpose vehicle XL6 starting at ₹9.7 lakh

• XL 6 will be launched in India with a Bharat Stage 6 compliant K15 petrol engine of the company
• With the new XL 6 Maruti’s product portfolio in the utility vehicle segment will boast of three offerings

The revolt against food delivery apps

Ordering in is now an indispensable part of daily life. That’s why restaurants are getting that sinking feeling

For CG Power stock, trouble started long before it reported serious lapses

• CG Power’s market cap has declined by about ₹400 crore since it reported the unauthorized transactions
• It’s important to note that the market had got wind of troubles brewing at the company much earlier

Indices end in red for the second consecutive day, Nifty slips below 11,000-mark

• Shares of Information Technology remains positive as rupee strengthened
• Midcap and Smallcap indices continue to remain under pressure

SBI says no plans to discontinue debit cards

• SBI is planning to establish nearly 10 lakh YONO Cash Points in the country over 18 months
• YONO is a digital banking platform of State Bank of India

Delhi metro-Noida metro connectivity: 10 things to know about new walkway

• The walkway links Sector 52 station of Blue Line with Sector 51 of Aqua Line
• Commuters have been waiting for long to get such a facility for travelling between Greater Noida and Delhi

How administrative reforms boost revenues

Improvements in tax administration are far more effective in increasing tax revenues than simply raising tax rates, suggests a new study

Microsoft launches new center focused on Societal impact through Cloud and AI

• SCAI will engage with NGOs, academicians and startups through external collaborations
• This center will focus on creating and nurturing projects that can have real-world and large-scale societal impact

Govt's Khadi Village turnover crosses ₹74,323 crore in 2018-19

• KVIC turnover crossed ₹74,323 crore in 2018-19 with the sale of Khadi products witnessing a growth of over 145 per cent since 2014-15
• The Khadi production, which was ₹879.98 crore in 2014-15, went up to ₹1,902 crore in 2018-19, a growth of more than 100%

BCCI awards title sponsorship rights to Paytm for five more years

• 'The winning bid was at a price of ₹326.80 crores to be paid for 2019-23 home season,' BCCI said
• 'We are excited to continue our long-term association with BCCI and the Indian Cricket Team,' said Vijay Shekhar Sharma

Sony divorce with Disney costs Spider-Man his place in Marvel Cinematic Universe

• Disney had demanded that it wanted to split future Spider-Man movies in a 50/50 co-financing arrangement
• After Sony declined to agree on the new terms, Disney removed Feige and Marvel as producers of the future projects

Andhra govt softens stand on power purchase agreements signed TDP: R K Singh

• Andhra Pradesh has around 7,700 mega watt (MW) of solar and wind projects
• The move comes at a time when India’s emerging green economy is expected to require investments of around $80 billion till 2022

BMW launched new 3 series sedan priced ₹41.4 lakh onwards

• The new 3 series will be available in two diesel variants
• The new offering is longer and wider than the previous versions, but weighs 55 kgs lighter

Steps by govt can drive revival in auto sector: Hyundai India CEO

• The demand slowdown in the market is ‘very much cyclical and not structural’, says Seon Seob Kim
• Kim said such a positive step was necessary under the current circumstances in order to make 'people come forward'

Yes Bank shares slip to 5-year low, tumble over 8%

• Yes Bank holds 12.8% stake in CG Power as of June 2019
• Yes Bank shares trading at lowest level since March 2014

SBI claims new repo-linked home loan 'cheapest' at 8.05%: How it works

• In July, SBI was the first bank to introduce home loan rate linked to RBI's repo rate
• Under the new home loan product from SBI, the interest rate changes automatically from the next month of RBI's repo rate cut/increase

IndusInd Bank revises interest rate on fixed deposits. Latest FD rates here

• IndusInd Bank also offers higher interest rates to senior citizens
• IndusInd Bank revised interest rates effective from 10 August

Biscuit maker Parle could lay off 10,000 workers amid slowdown: Report

• The news comes as a slowdown in Asia's third-largest economy has hit demand for everything from automobiles to retail products
• Parle, popular for its Parle-G and Marie brand of biscuits, is not the only food product company to have flagged a slowing demand

Xiaomi Mi A3 India launch today: Check expected specifications, price

• Xiaomi India has said the smartphone would be priced lower than the Mi A2
• Mi A3 was earlier launched in Spain in July at €279 (about ₹22,200)

Xiaomi misses estimates as rival Huawei grabs market share at home

• Huawei's market share in China surged by 31% in the June quarter, according to market research firm Canalys, while Xiaomi's share shrank by a fifth
• But Canalys reckons Xiaomi's shipments to Europe surged 48%.

Netflix's new rivals Apple TV, HBO Max, Disney heat up the streaming war

• Apple has committed a whopping $6 billion overall to produce original shows and movies: Report
• Apple Inc., AT&T Inc., Netflix Inc. and Walt Disney Co. are spending billions of dollars on new streaming content

Mumbai airport: SpiceJet to shift operations to Terminal 2

• SpiceJet will shift its entire Mumbai operations to Terminal 2 of the city's Chhatrapati Shivaji International Airport from 1 October 2019
• The transition is being planned and implemented by the airline with the active support of Mumbai International Airport Limited (MIAL)

Vietjet to fly to India, offers flight tickets from ₹9 (excluding charges)

• Vietnam-based airline Vietjet will start direct flight operations between India and Vietnam from December
• The promotional tickets are up for grabs till 22 August

Delhi's old iron bridge shut as Yamuna continues to flow above the danger mark

• The trains using the bridge have been diverted to New Delhi railway station
• Built over 150 years ago, the road-cum-rail bridge on the Delhi-Howrah line, is a vital link between Delhi and the neighbouring states

Paytm retains title sponsorship of Indian cricket for five years

• Paytm has signed the deal for ₹326.80 crores which it will pay BCCI over a period ranging between 2019 and 2023
• India's home season will start with South Africa tour which will comprise three T20s and three tests kickstarting from 15 September

Trump offers to mediate on ‘complicated’ Kashmir issue again

• Donald Trump once again offered to mediate in the 'complicated' Kashmir situation between the two South Asian neighbours
• On 22 July, Trump sprang a surprise when he said that he would like to mediate between India and Pakistan

PSBs to give central government suggestions on boosting economy

• The slowdown pain has now percolated to small businesses which supply raw materials and parts to bigger industries
• Over 1 lakh bank branches under the PSBs have been activated to assess the ground-level situation

Rupee strengthens in opening trade on US-China trade talks

• The currency opened at 71.48 to a dollar against the dollar
• The 10-year government bond yield was at 6.595%

How China is trying to quell Hong Kong’s protests without troops

• China has unloaded a wide range of firepower against against the city’s fractious opposition in recent weeks
• China has repeatedly shown its willingness to use its leverage as the world’s largest trading nation to express political displeasure

Gold prices today edge lower but silver rates fall sharply

• A global rally and a weaker rupee have pushed gold prices in India to record highs
• However, high prices have gold demand

Ahmedabad-Mumbai and Delhi-Lucknow Tejas Express to be handed over to IRCTC

• The railways also said on-board ticket checking on IRCTC trains will not be done by the railway staff
• The two trains will run six days a week

Mark Ramprakash, Jonathan Trott among names interviewed for India batting coach

• In July, the tenure of coach Ravi Shastri and his support staff came to an end but they were given a 45 day extension
• Thilan Samaraweera, Pravin Amre, Amol Muzumdar, Hrishikesh Kanitkar and Vikram Rathour were also interviewed for the positions of India assistant Batting coach

Amazon's cloud-computing empire faces a new threat: Edge-computing

• With so many mobile devices and sensors now connected to the internet — and relying on artificial intelligence — more people and companies need their computing power close to them