BUSINESS
DBS Bank will open subsidiary in India in October, says Group CEO Piyush Gupta
The foreign lender will start operating as DBS Bank India, once it receives a final nod from RBI to transform all its 12 branches into a newly registered wholly-owned subsidiary.
BUSINESS
Webcomic: How Mumbai's dabbawalas deliver with 99.99% accuracy, became subject of Harvard case study
The Moneycontrol Graphic Spot: A look at the Mumbai Dabbawalas which are applauded for their six-sigma efficiency over the last decade.
INDIA
Centre cannot guarantee power supply to all villages: Joint Secretary in Power Ministry
Recently, the Centre had claimed that it had completed the electrification of all villages and 83 percent of all households in the country.
BUSINESS
RBI asks banks to upgrade all ATMs still running on Windows XP
The central bank has warned that regulatory action would be taken against banks who do not comply with the order would.
BUSINESS
Mozilla to start a service which will tell you if your data has been leaked in security breaches
The tool named Firefox Monitor will be available for testing from next week and about 250,000 users will be invited to try out the feature
BUSINESS
China biggest importer of plastic waste, India among top 10
The US, Europe and Oceania have been the major exporter of plastic waste to China
WORLD
Little bird holds up Canada’s biggest music festival
Workers had to stop building the stage for the concert after they discovered the nest of killdeer, which is protected by the Canadian government.
BUSINESS
Markets@Moneycontrol: After volatile day of trade, indices end on flat note
The 30-share BSE Sensex rose 19.69 points to 35,490.04 and the 50-share NSE Nifty gained 6.70 points to 10,769.20.
BUSINESS
Elon Musk reportedly running an exclusive private school out of SpaceX's headquarters
The atmosphere at Ad Astra is not like a traditional school. Here, the students take on challenging technical projects, trade using their own currency, and have the choice to opt out of subjects that don’t interest them.
BUSINESS
Microsoft partners with InMobi to expand mobile advertising space
Microsoft will now have access to InMobi’s ad network across 200 countries, which will instantly create a market for the tech giant in mobile advertising.
BUSINESS
Technical View: Nifty forms small bullish candle; tread with caution
Put writing was seen at 10,650 and 10,700 strike while Call unwinding was seen at 10,800 and 10,900 strikes. Option data suggests an immediate trading range in between 10,700 to 10,835 zones.
BUSINESS
Here's why McDonald's will not be serving plastic straws with drinks in the UK and Ireland
Plastic straws are among the top ten types of litter around the world
SCIENCE
'Finding your passion' isn't a great advice, developing it is better: Stanford psychologists
The paper argues that the belief in fixed theory makes people motivates once the passion is found but does not prepare them for difficulties in the way to achieve the goal, something which growth theory of interest can help with
WORLD
Google Earth will soon let you measure distances and areas
With the introduction of area measurement tools and long distance measurement on Google Earth, Google will manage to bridge the little gap of information.
MARKETS
EPFO sees beyond Nifty, Sensex; plans to widen its investments
The EPFO ventured into stock investing through ETFs from August 2015. At that time, it had an exposure of around 5 percent to equity, which has grown to 15 percent today.
POLITICS
Attempts to bring down Kumaraswamy government in Karnataka?
The Karnataka assembly session begins from July 2 and Chief Minister Kumaraswamy will present the budget on July 5
BUSINESS
Which is the most desirable global city to work in? Here's what the world thinks
Boston Consulting Group on Monday released Decoding Global Talent 2018, a report on trends and work preferences—based on responses of 366,000 people in 197 countries. Here are the top 10 cities which workers find most attractive to work in:
WORLD
Bird-like robotic drones to fly all over China
In recent years, at least 30 military and government agencies have deployed dove-like drones in around five provinces in China.
BUSINESS
Sensex ends rangebound session flat but Midcap index continues to underperform
The sectoral indices showed mixed trend. Nifty Metal, Pharma, Realty and Auto indices were down 0.3-0.7 percent while FMCG and IT gained 1 percent and 0.6 percent, respectively.
BUSINESS
AI startup Tact.ai gets $27 million funding from Amazon, Microsoft and Salesforce
In order to improve the voice experience while driving, Tact has announced a product called 'Voice Intelligence" that will act as a car-based virtual assistant similar to Siri for iPhone.
INDIA
Bengaluru: Kiran Mazumdar-Shaw leads campaign against Church Street contractors
In response to the allegations put forth by Mazumdar-Shaw, Bengaluru Mayor R Sampath Raj remarked that the damage to the road "appears to have been done deliberately".
BUSINESS
Modi in Mumbai Highlights: Congress hits back at PM, says nation in a state of Emergency at BJP's behest
Prime Minister Narendra Modi addresses the third annual meeting of the Asian Infrastructure Investment Bank (AIIB) in Mumbai today.
WORLD
FIFA World Cup 2018: Free drinks at a Brazil bar every time Neymar takes a fall
Sir Walter Pub's Facebook post pub said, “This Wednesday, come cheer with us. Every fall of Neymar, we will serve a round of shot on the house.”
TECHNOLOGY
What's next for Apple? Report suggests water-resistant AirPods
The new AirPods could also get biometric sensors, thus making progress in the company's health tracking efforts.
