Reliance Jio demonstrates ambition to deliver innovative services: Cisco CEO
US-based telecom company Cisco's CEO Chuck Robbins said that billionaire Mukesh Ambani-owned Reliance Jio has demonstrated impressive capabilities and has ambitious plans to delight customers with new offerings. Cisco is hopeful that it can help Reliance Jio in its journey. Robbins also said that 5G and private 5G is a big opportunity for Cisco and they have started working on it. Key Points
Economic TimesAmazon starts delivery service in Uttarakhand's remote village at 4,500 feet
Chandigarh, Feb 20 (PTI) E-commerce company Amazon on Tuesday said it has started delivery service in Gajoli, a remote village in Uttarkashi district of Uttarakhand. According to the company, it has become the first and only e-commerce company to deliver packages to Maharishi Ashram at Gajoli, situated at 4,500 feet in the Himalayan mountain range. […] Key Points
ThePrintPeregrine lander launched to Moon with humans remains to crash on Earth tonight
The spacecraft was to deliver approximately 20 payloads, with a total mass capacity of 90 kg, to the lunar surface. It was also carrying unconventional items such as a copy of Wikipedia, a bitcoin. Key Points
India TodayIsrael-Hamas conflict: BRICS leaders, UN to hold video summit Tuesday on Gaza
BRICS leaders, along with the heads of state of six invited countries, will participate in a video summit on Tuesday to discuss the Israel-Hamas conflict. South African President Cyril Ramaphosa will chair the meeting, which will also include UN Secretary-General António Guterres. Key Points
mintPrioritise, don't tick all boxes
Countries aim to achieve UN SDGs but struggle due to lack of focus. Malawi prioritizes tablets for learning, India uses class shuffling, and Colombia focuses on literacy. Ghana digitizes revenue, and e-procurement reduces corruption for efficient governance. Key Points
The Economic Times
These Nifty Financial Services stocks can deliver more than 15% returns
After a long phase of three years of consolidation and relative underperformance, there were some initial signs of the private sector banks making a comeback attempt. However the RBI decision to curb unsecured lending, made the sentiment turn against them. But only sentiment, in reality will it make a difference for their long term perspective is a matter of debate with answer titling in favour of NO. After today’s monetary policy one more risk is off the table Key Points
Economic TimesNifty Financial Services stocks: Will sectoral leadership be regained by private sector banks
It has been more than three years that some of the biggest wealth creators in the private sector banking space have not been able to deliver much to their shareholders. Each one of them had its own set of issues to deal with. One where a big merger was getting planned and executed, others have seen a change at the helm and had to go through a process of shareholding adjustment to meet the regulatory requirements. Is this phase of going through adjustments over and will they get their mojo back. Key Points
Economic TimesUS cluster munitions delivered to Ukrainian army
We just got them, we haven't used them yet, but they can radically change (the battlefield), Ukrainian army commander Oleksandr Tarnavskyi told US broadcaster CNN in an interview. The United States last week said it would deliver cluster bombs to Ukraine, despite concerns over the long-term risk posed to civilians. Key Points
Economic TimesSamvardhana stock rises 10%, could gain up to 33% more
Japanese brokerage firm Nomura upgraded the stock by two notches to 'buy' and set a target price that has the potential to deliver another 17% returns from the current levels. Believe this is a good acquisition, said Nomura in a note to clients. See high potential of sunroof systems and entry into Japanese customers. Further upside can come from ability to add customers across Japan, US & EU. Key Points
Economic TimesJuhi Parmar recalls working 30 hours non-stop on Kumkum sets, says they would call it ‘Mogambo’s den’
Juhi Parmar said that she would work for 30 hours non-stop on the set of the television show Kumkum in the early 2000s. However, Juhi said that she has no complaints about it. Key Points
The Indian Express
US STOCKS-Futures subdued on U.S. debt ceiling jitters, Fed meet in focus
The U.S. central bank is expected to deliver a 25-basis-point interest rate increase on Wednesday and then hold rates steady for the rest of 2023, according to a Reuters poll. Key Points
FinancialexpressDelivery man in Gurugram steals 10 iPhones, replaces them with fake phones before delivery
The delivery man was on his way to deliver a parcel containing 10 iPhones and AirPods when he replaced the original devices with fake phones. The culprit is currently on the run. Key Points
India Today