The tech giant's reversal, about two years ago, has not previously been reported. It shows how much Apple has been willing to help US law enforcement and intelligence agencies, despite taking a harder line in high-profile legal disputes with the government and casting itself as a defender of its customers' information. … [Read more...] about Apple dropped plan for encrypting backups after FBI complained: Sources
California water project
Besides Kejriwal, rebel AAP leader Kapil Mishra, who has been fielded from Model Town seat by the BJP, Shivani Chopra, daughter of Delhi Pradesh Congress Shivani Chopra (Kalkaji seat), Delhi BJP spokesperson Tejinder Singh Pal Bagga (Hari Nagar), Congress' Rocky Tuseed (Rajinder Nagar) filed their candidature on Tuesday. … [Read more...] about Kejriwal, Sisodia, Vijender among nearly 600 candidates in fray for Delhi assembly polls
What does it mean for the sector?With the government going a tad slow on capital expenditure, it might hit sentiment in the near term. One might see stocks from the construction space commanding relatively lower valuations.One should also understand that most of these companies are currently sitting on order book of close to three times their annual sales, which is one of the highest in the recent history, thereby providing strong revenue visibility. Many of the companies are now focusing on execution rather than piling more orders, which will only block capital and risk the balance sheet. Against this backdrop, a short-term pause in the public sector capex cycle should not be a cause for excessive worry. … [Read more...] about Union Budget FY19-20: Infrastructure ignored or overlooked?