Genetic material

A CLSA report states that the banks are now funding 35-40% of Adani Group debt with private banks funding less than 10% and PSU banks at 25-30%. The exposure level of banks in the overall debt of the Adani Group has reduced materially. Banks have lent Rs 150 billion or just 15% of the Rs 1 trillion that the group has borrowed over the past three years, according to analysts at CLSA. Private banks' share in overall Adani Group debt has plunged from 31% to 8% while that of the PSU banks has dropped from 55% in FY16 to 26% now. "The group has indicated that the share of PSU banks in its funding mix has dropped from 55% in FY16 to 26% now while the share of private banks has plunged from 31% to 8%. A greater part of the group’s funding now comes from bonds at 37% (funding ports and the transmission business) and from foreign banks (18% of debt)," the CLSA report said. The report states that the banks are now funding 35-40% of Adani Group debt with private banks funding less … [Read more...] about Exposure of banks to overall Adani Group debt has reduced materially: CLSA

Share to Twitter Share to Linkedin The Pentagon has been tracking a suspected Chinese surveillance balloon which flew over sensitive areas in Montana in recent days, apparently the latest of several such incursions. President Biden reportedly proposed that the intruder be shot down , but the Pentagon opposed this action, citing the risk of civilian casualties. In fact, bringing down this type of balloon may be extremely difficult, as it is likely to be highly resistant to the available weapons. It may look fragile, but the sheer size and construction of a stratospheric balloon makes it all but invulnerable. There is also the problem of getting to it. Such balloons ride high in the stratosphere , far above the airliners. They do this to take advantage of the change in wind direction with altitude to steer themselves to where they are needed like sailing ships, then circling above a point of interest. The U.S. military has its own stratospheric spy … [Read more...] about Busting That Chinese Spy Balloon Is Harder Than You Think (Updated)

Share to Twitter Share to Linkedin This week, MLB Network rolled out their list of the Top 10 major league starting pitchers. In that soft couple of weeks before spring training camps open, it’s a fun exercise, as the network goes position by position, running down the best players in the game. Obviously, there’s tons of subjectivity involved, and the exercise is largely based in fun, and geared to generate conversation and feedback. Every now and then, however, there are omissions that are so egregious that deserve to be called out. The Phillies’ Aaron Nola is one such omission - in my humble opinion, he was the very best pitcher in major league baseball in 2022, and as he is squarely in his prime, he should be included in any current Top 10 list. I’ve written plenty about Nola this offseason, and will choose to focus on another hurler today. There are three basis components to pitching - missing bats, minimizing walks and managing contact. For the very … [Read more...] about White Sox’ Dylan Cease Belongs On Any List Of MLB’s Top 10 Starting Pitchers

Share to Twitter Share to Linkedin Luke Battiloro is the founder of Vavoom Vodka, CEO of I Choose To Live, and a serial entrepreneur, neurohacker and genius brand creator. I have been approached by multiple investors interested in buying—or at the minimum, investing in—my brand Vavoom Vodka. “If you asked me a few years ago if I would have a company worth this much, I may have been hesitant to say yes,” I tell investors. Truth be told, this company has been my passion project. My goal was to empower women through the statuesque pose of the woman on the vodka bottle reaching overhead, which could be considered a power posture. While the overwhelming offers kept coming in, I had to think to myself, “Am I done with my dream of empowering women everywhere?” Here's how you can answer the question of whether it's time to sell your own business. Emotional And Psychological Signs I would say it's time to sell your company when you do not wake … [Read more...] about What To Consider If You’re Thinking About Selling Your Company

Share to Twitter Share to Linkedin Tech entrepreneurs and companies with digital offerings may choose to expand their offerings to include physical products. An essential first step, of course, is developing an offering that truly addresses a market need. However, a great product alone won't guarantee success, and tech companies must be prepared for the unique challenges that come along with a physical launch. To help, the members of Forbes Technology Council offer 15 expert tips for moving into the physical product space. 1. Gauge Customer Response Although it’s important to get internal buy-in within your organization before moving into the product space, the real key to a successful marketing and sales approach is validating your value proposition within your customer base. Gauging customers’ perceptions and needs can help you tailor your strategy and ensure you’re creating products that deliver real value. - Kevin MacDonald , Bluesight 2. … [Read more...] about 15 Tips For Tech Companies Launching Physical Products

Share to Twitter Share to Linkedin CEO of AIoT chip company XMOS , Mark Lippett is a technology leader with 25 years’ experience in startup, scale-up and blue-chip companies. The annual United Nations Climate Change Conference (COP) always brings technology under the sustainability spotlight. As the global climate issue becomes more pressing, a recent study by McKinsey is demanding widespread commitment to environmental protection targets to realize a 1.5°C trajectory by 2030. One focus in 2022 was semiconductors—given their environmentally taxing production and their application within devices that consume power throughout their lifetime. Of course, realizing more sustainable methods of chip manufacture and energy-aware device functionality can be a major advance in reducing overall emissions. The Semiconductor Climate Consortium (SCC) was formed in November last year, comprising 60 founding members who attended COP27 in Egypt to outline … [Read more...] about Semiconductor Sustainability: COP27 And The Potential Of Chips To Save Energy

Share to Twitter Share to Linkedin Alexander Konovalov is the founder and CEO at vidby , a Swiss startup offering AI-powered video translation and dubbing across 70 languages. Brand content localization and video translation into many languages help increase the chances of attracting potential customers from different countries. In the context of business development and scaling, videos have become an important marketing tool. Therefore, the demand for video translation and dubbing will likely continue to grow in the coming years. Artificial intelligence (AI), automated translation and similar technologies today are impacting almost every aspect of content localization and video in particular. In this article, I'll discuss some AI-enabled trends in the video dubbing and translation industry for 2023 and beyond that could provide businesses with the tools to increase profits and achieve other business goals. In an earlier article , I … [Read more...] about How AI Is Revolutionizing Video Content Translation And Dubbing In 2023 And Beyond

Share to Twitter Share to Linkedin Finally, there are serious steps being taken in the United States towards healing people’s health issues with shifts in diet rather than sole dependence on pharmaceutical solutions. In a newly-announced collaboration where technology, nutrition and healing unite in support of the White House Conference on Hunger, Nutrition, and Health, the health-conscious home delivery business, Sunbasket, and AI-driven personalized nutrition platform, EatLove, come together to provide nutritional prescriptions for patients to find better health and healing though food. It’s the mainstream personification of “Let food be thy medicine, and thy medicine be food,” and the partnership holds the potential to shift the way illness is dealt with in the United States. “Between the obesity epidemic and food deserts, the extreme number of Americans who struggle with eating well is well-documented,” says Monique Nadeau, CEO, EatLove . The way … [Read more...] about Nutrition Based Prescriptions Makes Its Way Into The American Mainstream

Southeast Asia ‘s most luxurious new beach hotels will be at the forefront of the region’s big tourism comeback promised for 2023. Thailand expects to receive as many as 10 million visitors from China alone this year. In the Philippines – “the worst place to spend the pandemic” – tourism is up by more than the global average. Vietnam is equally poised for a boom , and Indonesia is seeing luxury resorts make their first forays into the country. The SCMP has been taking look at some of Southeast Asia’s most luxurious new beach hotels. New luxury beach hotels in Thailand Andaz Pattaya Jomtien Beach, Pattaya Related news Thai celebrities duped out of 20 million baht in online toy scam, 300 victims speak out 7 hours ago Thai passport worth less than Cambodian | Thailand News Today 7 hours ago A two-hour drive south of Bangkok, Andaz Pattaya is the first Thai property under the Hyatt Andaz brand. Parts of … [Read more...] about Southeast Asia’s most luxurious new beach hotels

Adani Group chairman Gautam Adani Touting February 3, 2023, as an eventful day might be an understatement for the Adani Group. A stunning recovery from the worst-ever intraday fall in Adani Enterprises' stock to Finance Minister Nirmala Sitharaman's first comments on the entire Hindenburg-Adani fiasco , there was a lot of action. After falling 35 percent intraday, Adani Enterprises closed in the red on NSE – down 2 percent – while on BSE it was over a percent higher. Adani Ports closed 5 percent higher on the NSE at Rs 488.40 after falling to Rs 395 intraday. ACC and Ambuja Cements gained 5 percent and 4 percent, respectively. Meanwhile, Adani Total Gas and Adani Wilmar ended at a 5 percent lower circuit. Here's a recap of all that happened, starting from pre-market developments ASM Framework Read More Pre-market open, the big news was National Stock Exchange (NSE) placing Adani Enterprises, Adani Ports and Ambuja Cements under an additional … [Read more...] about Adai Group stocks: A recap of everything that happened on February 3