Klips for 27th June

A woman hugs a tree during "Save The Tree Campaign" in New Delhi

Brexit Bill now law, allows Britain to leave EU

  • Bill has been under debate since July ‘17
  • March 29, 2019 is envisaged as the day of Brexit
  • Chances of Britain not leaving EU ‘are now zero’

Argentina scores late winner, qualifies for knockouts

  • Argentina won 2-1 against Nigeria
  • Messi scores opener as Argentina secure escape from group stage

Uber gets probationary license to operate in London

  • Seen as small victory of sorts for new CEO Dara Khoshrowshahi
  • Uber’s earlier license was not renewed, owing to several controversies

US SC upholds Trump’s travel ban

  • Ban targeted at predominantly Muslim nations

SEBI to allow MFs to invest in commodities

  • Also considering derivatives on commodity exchanges

Interesting: Warren Buffett Chooses New Path for Newspapers After Lamenting Decline


Opinion: Saving Delhi’s trees


Klips for 26th June

Harley Davidson to move some production outside US to avoid EU tariffs

  • This could save the firm $90-100mn
  • The increased tariffs would have cost an avg of $2200 per bike

PolicyBazaar raises $200mn in funding round led by SoftBank

  • Becomes only second Indian Fintech unicorn (valuation >$1bn) after Paytm

Delhi High Court bans felling of 16,500 trees

  • The trees were to be cut for revamping South Delhi
  • The matter came to courts through a single PIL filed by Kaushal Kant Mishra, an orthopaedic surgeon

Aramco to invest in Ratnagiri refinery project worth $44bn, India to bid for oil block in UAE

Interesting: Instagram could be worth $100bn


Klips for 25th June

Deport illegal immigrants with ‘no judges or court cases’: Trump

  • Critics indicate this would be a violation US Constitution’s due process provision
  • Hints at expedited deportation which is already followed at ports of entry
  • Statement made on Twitter, but not clarified by White House

Voda-Idea deal to get delayed, DoT demands Rs 4700cr in dues

WhatsApp to provide 24hr helpline number for Payments feature

  • Move is unlike tech companies which try to reduce costs by not have call centres
  • Support to be provided in 3 languages: Hindi, English and Marathi

Harry Kane scores hat-trick against Panama, England into knockouts

Opinion: OPEC, A sketchy deal


Interesting: Co-Working spaces in Vogue this year


Sunday Klips for 24th June


Fall of the American Empire


What Airbnb and Strava Know About Building Emotional Connections with Customers


Uber Movement data for Delhi and Mumbai Traffic Congestion


Driving ban for Saudi women ends today

Air India unveils ‘Maharaja Class’ sears in bid to increase 17% market share of International routes

LIC to buy govt stake in IDBI for Rs 10000cr, part of disinvestment plan

Maharashtra plastic ban begins today, offenders to be fine Rs. 5000

*Sunday Klips will feature more long form articles

Klips for 23rd June

OPEC meeting ends in Geneva, agrees to increase production marginally

  • However exact increase target in volume not disclosed, nor countrywise numbers
  • India, China, America had pleaded to increase supply to curb oil prices
  • Saudi Arabia likely to makeup for shortfall by Venezuela, Libya, Angola with Iran refusing to increase output

ICICI bank discloses 3rd whistleblower complaint

Demonetisation reveal: Amit Shah led Ahmedabad DCCB got maximum deposits in country, Rs 750cr in 5 days

  • Information revealed as part of RTI query
  • Similar cases seen in data revelation
  • Notably, RBI banned deposits to DCCBs within 5 days of demonetisation announcement
  • *DCCB: District Central Cooperative Bank

Environment ministry clearance duration for projects reduces to 170 days from 600

  • Raises concerns amongst locals, environmentalists as many clearances have been fast tracked recently
  • Public hearing exempted in some cases to save time
  • E.g. Clearance given to power project in Peedaveedu in 78 days (usually takes 6 months)

Justice Chelemeshwar serves last day in court, retires to Hyderabad


Interesting: Jean therapy, Patanjali style


Opinion: An adviser with nobody to advise


Klips for 21st June

Chief Economic Advisor Arvind Subramaniam quits

  • 3rd high profile exit after Raghuram Rajan, Arvind Panagariya
  • Will return to academic research in US

Trump caves to political pressure, backs down on separating immigrant children at Mexican border

  • Executive order comes in wake of criticism by the Pope, human right activists and business leaders
  • Order will lead to confusion since children are likely to be kept in jail indefinitely, albeit with their parents
  • Two bills to be voted on today that look to address issue but also deny chance of future citizenship to ‘Dreamers’

Legal notice can now be served on Whatsapp

  • Delhi High court judge upholds notice served based on two blue ticks
  • May lead to ambiguity in case blue ticks disabled and could also be misused if contact stored incorrectly
  • But will greatly simplify process of serving notice in case of non-responsive parties

Interesting: Instagram to launch IGTV for long-form videos

Interesting: Amazon’s Alexa will now butler at Marriott hotels


Interesting: Firefox Is Back. It’s Time to Give It a Try


Opinion: Keeping it loose: the British economy


Opinion: Neither New nor Undesireable


Klips for 20th June

BJP withdraws support to PDP, ends coalition

  • President orders Governor’s rule
  • Decision comes in the wake of several incidents including UN’s recent report and killing of a prominent journalist
  • The report states that the govt had used excessive force since 2016, called for international enquiry

Flash floods in northeast India, Bangladesh: More than 20 killed, million+ displaced

Starbucks closing 150 outlets on back of poor performance

Interesting: IBM Unveils System That ‘Debates’ With Humans


Opinion: The Rise of the Amnesty Thugs


Klips for 19th June


Chanda Kochhar goes on leave till completion of enquiry

  • Head of ICICI accused of quid pro quo by whistleblower and an article in the Indian Express
  • Sandeep Bakhshi, presently COO of ICICI Prudential Life Ins named COO of ICICI Bank
  • The case is a reflection of poor corporate governance by one of India’s largest pvt banks

‘Why are you sitting there?’ – Delhi HC questions AAP, Delhi CM sit-in

  • Sit-in enters 9th, Deputy CM Sisodia hospitalised
  • BJP stages it’s own sit-in at CM’s office

Google to invest $550mn in Chinese ecomm Jd.com

  • Deal meant to strengthen relationship with Walmart, an existing investor in JD.com
  • Partnership seen as a counter to Amazon.com

Audi CEO arrested in dieselgate scandal

  • Audi owned by VW which has been in turmoil since 2015 for fudging diesel emission reporting

Interesting: Behind flashy IPO of Japan’s Mercari lies a thriving thrift economy


Interesting: Winning the slottery: airlines


Opinion: Delhi stand-off: Power crisis


Klips for 13th June

Kim-Trump meet: Trump promises to end war games
– Says ‘provocative exercises’ cost US a lot of money
– Joint statement: promise to work towards ‘denuclearisation’ of Korean Peninsula

AT&T wins court case challenging $85bn acquisition of Time Warner
– Trump’s gov tried to block deal
– Ruling like to have cascading effect for other large deals

Industrial output rises 4.9% in April

NCLT admits Videocon for insolvency proceedings (CIRP)

US Fed likely to raise interest rates today

Tesla lays off 9% of workforce

Xiaomi sales grow 88% globally
– 3/4ths of its $18bn sales come from mobile phone sales
– Company set to launch biggest IPO
– Company likely to raise $10bn, valuing it between $70-100bn

Uber launches Uber Lite, by India for India
– Lite version of original app
– Size only 5MB

Women in Saudi Arabia rev up motorbikes

Uber applies for patent to determine how drunk riders are

Asian Games

Klips for 12th June

Petrol, Diesel demand at record highs in May
⁃ This is despite record high fuel prices
⁃ Diesel 7.55mn ton Petrol 2.46mn ton
⁃ Passenger vehicle sales rose 20%

Bullet train project hits land acquisition roadblocks, likely to miss Dec deadline
⁃ Project funded largely by JICA through 50yr loan
⁃ Govt has offered 25% premium to market value
⁃ Japanese companies to supply 70% ofcomponents

‘Fair trade, fool trade’ – Trump continues ‘tweet war on trade’

Rolls-Royce to cut 4000 jobs due to engine problems
⁃ Trent engines in Boeing 787 Dreamliner ‘not lasting as long as expected’

Robert De Niro fires ‘F bomb’ against Trump
⁃ ‘It’s no longer down with Trump, it’s F Trump’
⁃ Said this on live TV at award function
⁃ Received standing ovation

WhatsApp to label messages as ‘Forwarded’ to keep spam in check

What is Dolby Atmos? Explained in brief

How to Pose for a Photograph

To the brink and back

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