By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. Screen Crit AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAluminium & Aluminium ProductsAmusement Parks/Recreation/ClubAquacultureAuto AncillariesAuto Ancillaries – Air Conditioning PartsAuto Ancillaries – Auto, Truck & Motorcycle PartsAuto Ancillaries – Axle shaftsAuto Ancillaries – BearingsAuto Ancillaries – BrakesAuto Ancillaries – Bus BodyAuto Ancillaries – Castings/ForgingsAuto Ancillaries – ClutchesAuto Ancillaries – Diesel EnginesAuto Ancillaries – Engine PartsAuto Ancillaries – GearsAuto Ancillaries – Head lamps & lightsAuto Ancillaries – OthersAuto Ancillaries – PistonsAuto Ancillaries – Seating covers & partsAuto Ancillaries – Sheet MetalsAuto Ancillaries – Shock absorbersAuto Ancillaries – Spare Parts & AccessoriesAuto Ancillaries – SpringsAuto Ancillaries – Tyres & Rubber ProductsAuto Ancillaries – WheelsAuto AncillaryAutomobile – 2 & 3 WheelersAutomobile – Auto & Truck ManufacturersAutomobile – Dealers & DistributorsAutomobile – LCVS/ HVCSAutomobile – Passenger CarsAutomobile – TractorsAutomobile – Trucks/LCVsBank – PrivateBank – PublicBatteriesBeveragesBiotechnology & Medical ResearchBPO/ITeSBreweries & DistilleriesCable & D2HCablesCarbon BlackCementCement & Construction MaterialsCeramics/Marble/Granite/SanitarywareChemicalsCigarettes/TobaccoCoalCommodity ChemicalsCompressors / PumpsComputer PeripheralsConstruction – InfrastructureConstruction – Real EstateConstruction – Residential & Commercial ComplexesConsumer FoodContainers & PackagingCourier ServicesCyclesDefenceDetergents & SoapsDiamond & JewelleryDiversifiedDiversified ChemicalsDomestic AppliancesDyes & PigmentsEducational InstitutionsElectric EquipmentElectric Equipment – Boilers / TurbinesElectric Equipment – SwitchgearsElectric Equipment – TransformersElectrodes & Electrical EquipmentsElectrodes & Welding EquipmentElectronic GoodsElectronics – ComponentsEngineeringEngineering – ConstructionEngineering – Industrial EquipmentsETFFastenersFerro ManganeseFertilizersFilm Production, Distribution & EntertainmentFinance – HousingFinance – InvestmentFinance – NBFCFinance – OthersFinance – Stock BrokingFinance Term LendingFish/Poultry & Meat ProductsFood & Drug RetailingFood ProcessingFootwearGas DistributionGlass & Glass ProductsGoldGold ETFGround Freight & Logistics ServicesHospital & Healthcare ServicesHotel, Resort & RestaurantsHousehold & Personal ProductsInfrastructureIron & SteelIT – EducationIT – NetworkingIT Services & ConsultingLabs & Life Sciences ServicesLaminates/DecorativesLeatherLeisure ServicesLife & Health InsuranceLogisticsLPGLubricantsMediaMedical Equipment/Supplies/AccessoriesMetals & MiningMetals – Castings/ForgingsMetals – Non FerrousMisc. Commercial ServicesMiscellaneousMultiline Insurance & BrokersOil Exploration and ProductionOnline Servicesother agriculture productsOther Construction MaterialsOthers-Industrial Gases & FuelsOthers-ManufacturingPackaging – FilmsPackaging – Packaging MaterialsPackaging – PolyfilmsPackaging – Sacks and BagsPackaging Materials-Containers & PackagingPackaging Materials-Plastic ProductsPaintsPaper & Forest ProductsPaper & Paper ProductsPesticides & AgrochemicalsPharmaceuticals & DrugsPhotographic ProductsPlastic ProductsPlastic Products – OthersPlastics – Moulded Articles and FurnituresPlastics – Pet Bottels, Jars & ContainersPlastics – Self Adhesive TapesPlastics – ThermoplasticsPlastics – Tubes/Pipes/Hoses & FittingsPortsPower Generation/DistributionPrinting & PublishingPrinting & StationeryPrinting And PublishingRailways WagonsRatingsReal Estate OperationsReal Estate Rental, Development & OperationsRefineriesRefractoriesReinsuranceRenewablesRetailingRubber ProductsShip BuildingShippingSoftwareSolvent ExtractionSpeciality ChemicalsSpeciality RetailersSpecialty Mining & MetalsSugarTea/CoffeeTelecommunication – EquipmentTelecommunication – Service ProviderTelecommunications ServicesTextile – MachineryTextile – SpinningTextilesTextiles & ApparelTradingTransmission Towers / EquipmentsTransport InfrastructureTravel ServicesTV Broadcasting & Software ProductionVegetable Oils & ProductsWatches & AccessoriesWood & Wood Products Screen Code

Vodafone-Idea reported a revenue of Rs 106.6 billion in the second quarter of 2023 which saw a 1.2% growth. The telecom company’s total debt (excluding lease liabilities and including interest accrued but not due) as of June 30 stood at Rs 2,117.6 billion. This debt comprised deferred spectrum payment obligations of Rs 1,337.4 billion and AGR liability of Rs 668.6 billion that are due to the Government. Meanwhile, debt from banks and financial institutions stood at Rs 95 billion and Optionally Convertible Debentures amounted to Rs 16.6 billion. With cash & cash equivalents of Rs 2.5 billion, the net debt stood at Rs. 2,115.1 billion. The debt from banks and financial institutions has been reduced by Rs. 57 billion during the last year (Rs 152 billion in Q1FY23).Vodafone Idea Q1 2023: Operational highlights Vodafone added around 1,000 4G sites during the quarter and expanded its LTE 900 presence in 14 circles at multiple locations. The company claims that its 4G network covers over 1 billion Indians. The company also mentioned that it is discussing with various network vendors for the finalisation of its 5G rollout strategy. Vodafone has already completed device testing of all major OEMs on its 5G network and also has the highest-rated voice quality in the country as per TRAI’s ’MyCall’ App data for 28 out of 32 months between November 2020 and June 2023. Vodafone also noted that the 4G subscriber base continued to grow for the eighth consecutive quarter and stood at 122.9 million. However, the overall subscriber base declined to 221.4 million from 225.9 million in Q4FY23.ARPU of the telco also improved to Rs 139, up 2.9% QoQ vs Rs 135 in Q4FY23 primarily aided by the migration of subscribers to higher ARPU plans. The company has also seen high data usage per broadband customer at ~15.7 GB/month with the total data traffic for the quarter witnessing QoQ growth of 3.5%. A night data pack ‘Chhota Hero’ was also launched to allow customers to access content during the night with unlimited data.

Negotiating with landlords is key to effectively managing your business lease and rent obligations. You’ll want to strategize thoughtfully to secure favorable terms and ensure optimal rental costs, laying a strong foundation for your thriving business. This article explores practical strategies you can employ to engage landlords, secure advantageous lease agreements, and foster a harmonious landlord-tenant relationship, all contributing to your business’s ultimate success. Here are some tips for negotiating your lease or rent obligations to get the best deal for you: When getting ready to negotiate, assess your business needs and how they may affect the lease. For example, if you need to renovate the property, negotiate the cost of those into your lease agreement. This can save you a lot of money in the long run. Research the market and comparable lease agreements. Knowing what other businesses are paying for similar properties can give you leverage in negotiating a fair price. Always be prepared to walk away if the terms and conditions aren’t in your favor. Your landlord may be willing to negotiate if losing you as a tenant would greatly blow their income. Above all, approach with tact and diplomacy. Avoid being confrontational, as this could lead to a breakdown in talks. Instead, focus on discussing the lease terms without letting emotions get in the way. Here are six key considerations to take into account when negotiating your lease: 1. Length Try to negotiate a time for the lease that’s mutually beneficial for both of you. If you’re looking for a longer lease term, consider offering the landlord an incentive such as higher rent, unique awards like advertising space or a guarantee of on-time payment. 2. Rent When negotiating rent, consider the current market rates and any incentives your landlord might be offering, as well as the location and condition of the property. TakeConsider special amenities you may be interested in, such as a parking space or extra storage. Discuss the potential for rent increases throughout the agreement, which can cost you more money than you think. 3. Maintenance and Repairs Landlords are typically responsible for providing and maintaining the property in a habitable condition, while you, as the tenant, must maintain and clean the property to a certain standard. Consider these responsibilities when negotiating. 4. Insurance and Liability Consider what type of insurance you need to operate your business and if the landlord will provide any coverage. Be sure to also consider liability for any damage caused to the property or any injuries that occur on the property to customers, staff, or visitors. 5. Security Deposits Be sure to understand the terms of a security deposit, such as when it will be refunded and what conditions you must satisfy to get your money back. You can negotiate flexible payment options, such as breaking up your payments over time. 6. Termination and/or Renewal Understand the terms of the agreement regarding the termination or renewal of the agreement, such as whether you or the landlord have the right to terminate or renew, when, and under what conditions. Ready to sign or renew your commercial lease? Think it through! Before signing, weigh all the pros and cons and consider the above factors to ensure you get the best deal. A smartly negotiated lease agreement can bring success to your business and maximum benefit for you and your landlord.

SoftBank is reportedly in talks to buy the remaining 25% stake in Arm from Vision Fund 1, a $100 million fund it raised back in 2017, reports Reuters citing people familiar with the matter. The sources tell that the investment company wants to win over the investors who have been waiting for the fund to turn a profit for a while now.If negotiations succeed, the Japanese investment bank will deliver an immediate windfall to VF1 investors, including Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala, who suffered losses from SoftBank’s failed bets on startups like WeWork and Didi Global. The safer option for VF1 is to gradually sell its Arm shares in the stock market after the initial public offering (IPO), which could take up to two years due to the size of the stake. The chip designer aims to go public in September with a valuation of $60-70 billion. Amazon, Intel, and Nvidia have discussed becoming anchor investors, Bloomberg reported.SoftBank acquired Arm for $32 billion in 2016 before selling a 25% stake to VF1 for $8 billion in 2017. SoftBank has been in talks with various technology companies to onboard them as cornerstone investors in Arm before its IPO, including Amazon, Apple, and Intel.In response to the failed $40 billion acquisition of Arm by Nvidia due to opposition from U.S. and European antitrust regulators, SoftBank is preparing for an initial public offering (IPO) of Arm. The company is considering a listing worth up to $10 billion. Earlier this year, Arm declined the British government’s proposal to list its shares in London and instead opted for a flotation on a U.S. exchange. Unlike the broader chip industry, Arm’s business focuses on licensing designs rather than manufacturing processing systems itself.While the chip designs have been yielding Arm substantial royalty earnings, a dip in smartphone demand has recently impacted Arm’s profits.

Anthropic, a Google-backed artificial intelligence (AI) startup has secured $100 million in funding from South Korea’s SK Telecom. The move will help the country’s largest telecom giant to strengthen its telecommunications-driven AI business. Anthropic competes with the likes of OpenAI, the Microsoft-backed company that developed ChatGPT. It is among the most well-funded AI firms, having raised $450 million from investors, including Alphabet Inc’s Google and Spark Capital in May.Last month, Germany-based software company SAP also invested in Anthropic. What these companies will doSK Telecom said that the two companies plan to jointly develop a global telecommunications-oriented multilingual large language model and build an AI platform, news agency Reuters reported.“SKT has incredible ambitions to use AI to transform the telco industry. We’re excited to combine our AI expertise with SKT’s industry knowledge to build an LLM that is customised for telcos,” said Dario Amodei, co-founder and CEO of Anthropic.SK Telecom will jointly develop an LLM with Deutsche Telekom, e& and Singapore Telecommunications to develop AI businesses. The technology will offer AI developments customised to their users in each market. The LLM would support English, Korean, German, Japanese, Arabic and Spanish languages. “Combining our Korean language-based LLM with Anthropic’s strong AI capabilities, we expect to create synergy and gain leadership in the AI ecosystem with our global telco partners,” Ryu Young-sang, CEO of SKT, added.Anthropic was founded by former OpenAI executives in 2021 and its Claude model is seen as a major competitor to OpenAI’s GPT-4.Claude can help companies manage tasks, including searching, generating answers, automating workflows, coding and processing text just like it is done in ChatGPT and Google Bard.

Instagram has announced four new features that enable users to better connect with friends and collaborate on the platform. These features include soundtrack on photo carousels, collaboration on a post or reel, the ability to join creators and artists on Reels, and expansion of music library. “Today, we’re excited to introduce new, fun ways to share with friends and interact with creators through music, photos and reels on Instagram,” the company announced. Soundtrack on photo carousels: Instagram users can now add music to the photo carousels shared on the platform via a smartphone. “Building off our launch of music for feed photos, anyone can add a song to capture the mood and bring their carousel to life,” Instagram said. Earlier this year, Instagram added the ability to add music to the Notes feature. Collaboration on a post or Reel: Instagram said that content creators can now invite up to three friends to co-author a feed post, carousel or reel. Once the invited friends accept, the content will reach each collaborator’s audience and appear on each account’s profile grid.The Meta-owned platform also said that both private and public accounts can be added as collaborators on a post or reel. Those who have a private account can start their own post or reel and invite a collaborator. It should be noted that the invited collaborator must follow the invitee collaborator. Join creators and artists on Reels: With the ‘Add Yours’ sticker, a creator or artist can invite their followers to join in on a fun challenge/ event they create on Reels, and then hand-pick their favourite submissions to celebrate their fans’ creativity. “Anyone can create a reel to put their own spin on an ‘Add Yours’ prompt for a chance to get recognised by its creator. You’ll get notified if a creator chooses your reel as one of their favourites, and others on Instagram can watch your submission when tapping on the ‘Add Yours’ sticker if your account is public,” the company added.More music on Instagram: Instagram has also announced that it is bringing its music library to more countries over the coming weeks. The company is also partnering with Spotify in Mexico and Brazil to feature 50 of the most popular songs from Instagram Reels with a new Reels Music Chart on Spotify.

Richard Lobo has joined the beleaguered edtech decacorn after a 23-year career at Infosys, from where he resigned last month BYJU’S said Lobo will actively guide BYJU’S management on organisational changes and transformation to create an outstanding workplace for its employees The appointment comes at a time when BYJU’S is fighting multiple battles and has fired over 4,000 employees since last year Edtech giant BYJU’S has appointed former Infosys executive VP and HR head Richard Lobo as an exclusive advisor to help transform its HR function. Lobo has joined the beleaguered edtech decacorn after a 23-year career at Infosys, from where he resigned earlier this month. The strategic move underscores BYJU’S commitment to fortify its employee-centric culture, the startup said in a statement on Monday (August 14).  It is pertinent to note that BYJU’S, which is fighting multiple battles pertaining to corporate governance, delay in publishing financial statements, funding crunch, layoffs, among others, has also faced allegations from employees about its work environment. In one of the most recent incidents, a video went viral last month in which a woman accused the edtech major of defrauding employees and customers.  In its latest statement, BYJU’S said Lobo will actively guide BYJU’S management on organisational changes and transformation to create an outstanding workplace for its employees.  “His (Lobo’s) extensive experience and leadership in HR will be instrumental in further enriching our work culture and ensuring that the welfare of our team members remains at the core of every decision we take. BYJU’S has been built by its people; it is an ecosystem where talent can thrive and grow,” said Byju Raveendran, founder and CEO, and cofounder Divya Gokulnath. “Having Richard on board reassures us that BYJU’S will evolve into a best-in-class global workplace, where merit and growth flourish hand in hand,” they added. Lobo started his career with the Godrej group and joined Infosys in 2000. He is credited for bringing technology and analytics to the HR function as Infosys became a global leader in technology and consulting.  “I look forward to working with the leadership to scale global organisational design, innovate people practices, and help strengthen the foundation of the enterprise to support its next phase of growth as a global market leader,” Lobo said on his appointment. It must be noted that after the high-profile exits of multiple board members in June this year over the ongoing problem around its $1.2 Bn Term B loan (TLB) re-payment to its creditors, BYJU’S appointed ace investor TV Mohandas Pai and former SBI Chairperson Rajnish Kumar as members of its advisory council.  Prior to that, BYJU’S also hired former upGrad CEO Arjun Mohan as the CEO of its international business.  Adding to its existing problems, recent reports suggest that BYJU’S might have to pay an additional $50 Mn-$60 Mn annually in interest on its TLB as part of new terms with lenders. Amid the financial challenges, BYJU’S laid off over 1,000 employees in a new round of layoff exercise in June. As per Inc42’s layoff tracker, the company has fired over 4,000 employees so far since 2022.

Country Delight’s revenue from operations rose 1.6X to INR 542.6 Cr in FY22 from INR 320.7 Cr in FY21 Total expenses of the startup, which delivers milk and other dairy products to the doorsteps of its customers, more than doubled to INR 733.7 Cr in FY22 Promotional expenses rose almost fivefold to INR 124.6 Cr from INR 25.3 Cr in FY21 Dairytech startup Country Delight’s net loss ballooned over 6.5X to INR 186.4 Cr in the financial year 2021-22 (FY22) from INR 28.2 Cr in the previous fiscal year due to a sharp increase in its expenses. The Delhi NCR based startup’s revenue from operations rose 1.6X to INR 542.6 Cr in FY22 from INR 320.7 Cr in FY21. Country Delight generates revenue from sale of milk and other products like curd, paneer (cottage cheese), ghee, eggs, fruits, vegetables, and coconut water. In FY22, it earned INR 367.8 Cr from sale of milk as against INR 251.8 Cr in FY21, while the sale of other products generated revenue of INR 171.3 Cr as against INR 68.2 Cr in the previous fiscal year. Total income, including other income, rose 68% to INR 547.2 Cr in FY22 from INR 325.6 Cr in the previous year. Meanwhile, total expenses more than doubled to INR 733.7 Cr from INR 353.9 Cr in FY21. At INR 288.2 Cr, cost of materials consumer accounted for the biggest chunk of expenses, rising 56.8% from INR 183.7 Cr in FY21. The startup also spent heavily on promotion in FY22. Promotional expenses rose almost fivefold to INR 124.6 Cr from INR 25.3 Cr in FY21. Employee benefit expenses grew 78.7% to INR 67.4 Cr from INR 37.7 Cr in FY21. Employee benefit expenses comprise employees salaries, PF contribution, and other employee welfare benefits. An increase in employee welfare benefits is an indication of the increase in employee headcount. As per Linkedin, Country Delight has over 1,000 employees. Founded in 2013 by Chakradhar Gade and Nitin Kaushal, Country Delight follows a subscription-based model where it sources milk from farmers and delivers it to customers’ doorsteps. It also supplies bread, ghee, other dairy products, fruits and vegetables.  The startup has raised over $158 Mn till date and was last valued at over $600 Mn. It counts Orios Venture Partners, Elevation Capital, and Temasek among its investors.  Country Delight competes with Odisha-based Milk Mantra. Milk Mantra’s revenue grew 48% to INR 271 Cr in FY22 from INR 182 Cr in FY21, while its profit dropped 36% to INR 13.6 Cr from INR 21.3 Cr in FY21. Besides, Country Delight also competes against Reliance Retail-acquired Milk Basket, which is likely to see the exit of over 100 employees as it integrates with JioMart. 

Many of the authors who chastised Smith, like Kunzru, disapprove primarily of this pirated database. Or, more specifically, they hate the idea of trying to make money off work derived from a pirated library as opposed to simply conducting research. “I’m not against all data scraping,” Devin Madson says. “I know a lot of academics in digital humanities, and they do scrape a lot of data.” Madson was one of the first people to contact Smith to complain about Prosecraft last week. What rubbed her the wrong way was the attempt to profit from the analytical tools developed with scraped data. (Madson also more broadly disapproves of AI writing tools, including Grammarly, for, as she sees it, encouraging the homogenization of literary style.) Not every author opposed Prosecraft, despite how it appeared on social media. MJ Javani was delighted when he saw that Prosecraft had a page about his first novel. “As a matter of fact, I dare say, I may have paid for this analysis if it had not been provided for free by Prosecraft,” he says. He does not agree with the decision to take the site down. “I think it was a great idea,” Daniela Zamudio, a writer who submitted her work, says. Even supporters have caveats about that pirated library, though. Zamudio, for instance, understands why people are upset about the piracy but hopes the site will come back using a submissions-based database. The moral case against Prosecraft is clear-cut: The books were pirated. Authors who oppose book pirating have a straightforward argument against Smith’s project. But did Smith deserve all that blowback? “I think he needed to be called out,” Kunzru says. “He maybe didn’t fully understand the sensitivity right now, you know, in the context of the WGA strike and the focus on large language models and various other forms of machine learning.” Others aren’t so sure. Publishing industry analyst Thad McIlroy doesn’t approve of data scraping, either. “Pirate libraries are not a good thing,” he says. But he sees the backlash against Prosecraft as majorly misguided. His term? “Shrieking hysteria.” And some copyright experts have watched the furor with their jaws near the ground. While the argument against piracy is simple to follow, they are skeptical that Prosecraft could’ve been taken to court successfully. Matthew Sag, a law professor at Emory University, thinks Smith could’ve mounted a successful defense of his project by invoking fair use, a doctrine allowing use of copyrighted materials without permission under certain circumstances, like parody or writing a book review. Fair use is a common defense against claims of copyright infringement within the US, and it’s been embraced by tech companies. It’s a “murky and ill-defined” area of the law, says intellectual property lawyer Bhamati Viswanathan, who wrote a book on copyright and creative arts. Which makes questions of what does or does not constitute fair use equally murky and ill-defined, even if it’s derived from pirated sources. Sag, along with several other experts I spoke with, pointed to the Google Books and HathiTrust cases as precedent—two examples of the courts ruling in favor of projects that uploaded snippets of books online without obtaining the copyright holders’ permission, determining that they constituted fair use. “I think that the reasons that people are upset really don’t have anything to do with this poor guy,” says Sag. “I think it has to do with everything else that’s going on.”

Realme is all set to launch its new mid-range smartphone in India. The company has confirmed that it will soon launch the Realme 11 5G and Realme 11X 5G smartphones in India. The Chinese smartphone maker has also revealed some of the specifications of the upcoming Realme 11 5G smartphone. Realme 11 5G confirmed specificationsRealme has confirmed that the Realme 11 5G will sport a 108MP main camera and it will come with 67W SuperVOOC charging support. The company has explained that the main sensor of the smartphone will allow users to capture plenty of details in every shot. “Among its notable features is the 3x in-sensor zoom, leveraging the HM6 sensor’s cutting-edge technology to achieve zoomed-in shots comparable to those taken with 3X optical zoom. This merging algorithm ensures users can focus on even the minutest details and compose their photos with precision. The incorporation of 9-in-1 binning technology enhances the device’s night photography capabilities, improving image quality and noise control for exceptional night shots. The smart ISO algorithm further enhances the HM6 sensor’s performance in low-light conditions, achieving a 160% improvement in maximum brightness,” mentioned the company. Three new camera filters—Tranquil, Crisp, and Cinematic—expand photographic possibilities and artistic expression within the Street Photography mode, adding unique visual styles to every shot.Along with this, Relame has also revealed that the smartphone will come with 67W fast charging support. The smartphone includes a 2:1 dual charge pump solution which claims to translate 98% conversion efficiency between the two charge pumps. Realme also claims that the smartphone will charge from 1 to 15% in 17 minutes. The smartphone is tipped to sport a 5000 mAh battery.The company has also confirmed that the Realme 11 5G will be available online on Flipkart and Realme.com and offline on authorised retail stores in the country. Along with this, the company has also confirmed that it will launch the Realme Air 5 Pro true wireless earbuds with the smartphones.