April 23, 2020 - Indian banks are using data from mobile bills and e-shopping to check customers creditworthiness

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Invite Friends   From the Editor's Desk Oxford speeds up vaccine research Sarah Gilbert, the Oxford University professor who appears to be leading the worldwide race to find a vaccine for coronavirus, said on Monday that her team had compressed research that normally takes five years into just four months - but without compromising safety. Since she is professor of vaccinology at Oxford, her claims are being treated with the utmost seriousness by peer groups though most members of the public will not understand the bio-science behind vaccine development. That happens to be an area in which Oxford is recognised as being especially strong. She explained to the BBC that the safety steps that are normally conducted one stage at a time were being done in "parallel". Continued here TradeBriefs: What's important, not just what's popular! Advertisers of the day Emeritus: PG Diploma in Digital Business by Emeritus in collaboration with MIT Sloan & Columbia Business School Executive Education | Accepting Applications Emeritus: Accepting Applications for the Postgraduate Diploma in Leadership | 6 Months, Online Emeritus: PG Diploma in Innovation & Design Thinking | Accepting Applications Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.     Ecommerce Indian banks are using data from mobile bills and e-shopping to check customers creditworthiness 'Alternative data' allows lenders to assess credit risk beyond repayment history and income. Ecommerce Will India Enable Online Liquor Delivery As Virus Hurts Excise Revenue? Liquor excise duty is a huge part of state revenues and allowing liquor deliveries now would be the best opportunity to regulate the sector. 5 More Ecommerce Stories Digital Is Disney finding India's Hotstar too hot to handle? Digital Facebook jumps back into tech's fight for India's consumers Facebook makes one of its biggest acquisitions to date: a $5.7 billion stake in Jio Platform. 7 More Digital Stories Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Franchise Small business credit worth Rs 2.32 lakh crore at highest risk of default: Cibil In its study, TransUnion Cibil said, at present, the total outstanding amount of all financiers to small businesses having a credit outstanding of less than Rs 50 crore is Rs 17.94 lakh crore, representing 28 per cent of the total outstanding credit. Franchise Stories From The Covid-19 Front Lines: What Are Your Franchisees Doing For Their Customers? 5 CEOs explain how their franchisees are helping their customers through Covid-19 2 More Franchise Stories HR HDFC Bank's Next CEO: Know The Contenders A look at the three candidates vying for Aditya Puri’s job at HDFC Bank HR Capgemini on hiring spree, will honour all 8,000 campus offers Capgemini is also going ahead with increments and promotions for all junior-level employees effective 1 April.The French IT major has a significant presence in India with 125,000 employees, nearly half of its global headcount of 270,000 20 More HR Stories Logistics COVID-19: Govt asks major ports to defer rentals, waive charges, penalty in view of EXIM cargo drop Logistics India running out of space to store oil. Petrol pumps almost full Besides petrol pumps, Indian refiners also store petroleum fuels at more than 300 depots and terminals as well as 250 aviation fuel stations 13 More Logistics Stories Construction Rent-yielding assets may no longer be the cash cow for realty companies Analysts turn cautious on players with significant exposure to office spaces. Construction Maharashtra tells ED CBI to take DHFL promoters into custody "The Wadhawans' quarantine will end at 2 p.m. today. On Tuesday, we wrote to the Central Bureau of Investigation and ED to take them into custody," De.. 10 More Construction Stories Marketing From targetted to video; why content marketing is the next big wave The webinar will focus on various relevant topics within content marketing, which is relevant at a time when work-for-home (#WFH) is a reality Marketing Luxury brand Louis Vuitton launches a new range of sports gears under Homeware Line Louis Vuitton comes up with a collection of sports gears to cater to the fitness and entertainment needs of the brand's customers. 2 More Marketing Stories Politics Mike Pompeo Presses China To Allow Lab Inspection Amid COVID Pandemic US Secretary of State Mike Pompeo on Wednesday pressed China to allow inspectors into sensitive laboratories, voicing concern about their security amid the global COVID-19 pandemic. Politics India To Airlift 220 Tonnes Of Essential Medical Cargo From China: Centre India will airlift 220 tonnes of essential medical cargo from China over next three days, Civil Aviation Minister Hardeep Singh Puri said on Wednesday. 4 More Politics Stories Sports WWE denies anonymous employee's claims that they are being 'forced to work' An anonymous man who claimed to be a WWE employee said that many were being forced to come in to work despite stay-at-home orders that are in force in the state of Florida. Sports 'Despite my friendship with Ronaldo, I'd go with Messi': Wayne Rooney Wayne Rooney picked his favourite between Cristiano Ronaldo and Lionel Messi and went with the Barcelona forward despite his friendship with the Portugal striker. 6 More Sports Stories Entertainment Pandemic and chill: Netflix adds 16 million subscribers Netflix more than doubled the quarterly growth it predicted in January, well before the COVID-19 outbreak began to shut down many major economies. It was the biggest three-month gain in the 13-year history of Netflix's streaming service. Entertainment Sanya Malhotra talks about how her mother was hesitant when she chose acting as her career, still asks her to take up studies Sanya Malhotra talks about how her mother was hesitant when she chose acting as her career, still asks her to take up studies. Latest Bollywood News, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News at Bollywood Hungama.com 13 More Entertainment Stories Work Lockdown arbitrary, government inaction making matters worse, says Bajaj Auto MD, Rajiv Bajaj The Indian auto industry has already seen significant job losses and the extended lockdown is only making matters worse, said Rajiv Bajaj, Managing Director of Bajaj Auto. On Tuesday Bajaj came out to sharply criticize the government's lockdown strategy and described it as a "solution looking for a problem". Get latest Auto online at cnbctv18.com Work BloombergQuint shutters TV division, writes off ₹200 crore It had FIPB nod for a 74:26 joint venture in November 2016 to operate an English language business news channel.It has decided to scale back operations and focus only on its digital product even as it continues to partner Bloomberg 21 More Work Stories Life Hospitals are fighting to preserve the joy of childbirth during Covid-19 "You're coming to us for the most important experience of your life. We want you to still be able to enjoy it." Life Mukesh Ambani's Facebook deal should make India's online grocers nervous The partnership comes at the cusp of an Indian online grocery-retail boom. 11 More Life Stories Retail Why Mukesh Ambani and Mark Zuckerberg love kirana stores India's kirana stores account for 80% of the country's retail industry.Reliance Retail is India's biggest retailer by revenue and caters to the entire range of consumer products Retail As China splashes out vouchers to revive retail, many just buy necessities To help the retail sector, local authorities, companies and e-commerce platforms in China have been handing out shopping vouchers. 18 More Retail Stories Telecom Jio-Facebook deal to send shockwaves through India's telecom industry: Analysts Facebook's 9.9% take in Reliance Jio would facilitate the telco to deleverage the balance sheet which could eventually improve, and the development is.. Telecom Reliance Jio's $8B bn tower deal with Brookfield awaits nod from DoT, MHA Nine months after Reliance Jio entered into an agreement with Brookfield to sell its mobile network towers, the largest FDI in Indian infrastructure h.. Telecom Vodafone Idea finds some relief as Vodafone Group pays $200 mn under CLM terms The payment will provide Vodafone Idea with liquidity to manage its operations, and to support the around 300 million customers as well as the thousan.. 6 More Telecom Stories Finance HDFC Bank's Next CEO: Know The Contenders A look at the three candidates vying for Aditya Puri’s job at HDFC Bank Finance Indian banks are using data from mobile bills and e-shopping to check customers' creditworthiness 'Alternative data' allows lenders to assess credit risk beyond repayment history and income. 9 More Finance Stories Food/FMCG Why GCPL, Marico, Britannia Emami missed the FMCG rally A significant part of these companies portfolios has been hit by poor demand. Food/FMCG Companies stare at Rs 30,000 crore sales loss for summer products due to extended lockdown Summer sales of air-conditioners, refrigerators, soft drinks and ice creams will take a massive hit this year. Food/FMCG Dabur India has its share of troubles, but its stock is near an all-time high Domestic volume growth had increased by 9.6%, 4.8% and 5.6%, respectively, in the first three quarters of FY20.Last week, Dabur India said its plants will continue to remain shut till 3 May because of the extended lockdown Food/FMCG TNCDA asks drugs control authority to stop sale of paracetamol at grocery outlets CHENNAI: The Tamil Nadu Chemists and Druggists Association (TNCDA) has written to the director of drugs control to flag the issue of paracetamol table. 4 More Food/FMCG Stories Software The first human genome project took 12 years, technology can now do it in 3 days Software Infosys CEO Salil Parekh's remuneration fixed at ₹23 cr for FY21 IT major grants stock remuneration, incentives to CEO and CFO Software How the pandemic can hit Xi Jinping's 'China dream'| Analysis As the economy gets severely hit, China's leadership knows the effect this can have on its domestic legitimacy Software HCL, Wipro, TCS, Infosys, Dell Continue Work From Home For Upto 93% Employees! As per the reports, the information technology and biotechnology (IT/BT) companies are encouraging employees to continue work from home, except for those involved in critical functions, even after the partial relaxation of the lockdown will kick in from 20 April. 13 More Software Stories TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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