Qualcomm files new lawsuit against Apple; wants iPhone imports banned

World chipmaker Qualcomm has filed a new appeal against patent infringement against Apple, urging US authorities to ban imports of certain models of the iPhone and iPad.

According to a Fortune report Thursday Qualcomm filed a complaint with the United States International Trade Commission, accusing Apple iPhones and iPads of infringing on six of its mobile patents.

Qualcomm said that all iPhones and iPads containing chips of the mobile communication competition should be excluded from the country.

However, any decision on the ban could cover the iPhone 7, 7 More and more future iPhone would take at least 18 months to be implemented, where the iPhone 8 to come suffers no immediate threat.

Apple has responded to this by saying that the company had tried to negotiate before continuing and that Qualcomm abused its position.

“They provide us with a single component of connectivity, but for years they ask us for a percentage of the total cost of our products – effectively tax Apple’s innovation,” Forture said, citing an Apple statement.

“We deeply believe in the value of intellectual property, but we should not have to pay for technological advances that have nothing to do with it,” the statement said.

In April, Apple has stopped paying royalties to hire Qualcomm-owned phone patent makers in an “unresolved problem.”

Apple has stopped paying royalties for units sold during the March quarter.

Qualcomm is one of the world’s largest providers of mobile chips and heavily leverages its revenue from licensing this technology to hundreds of mobile phone manufacturers and others.

The US chip maker had cracked Apple to breach transactions between the two companies and called for a rejection of the January lawsuit filed against them by the iPhone maker.

Qualcomm also accused Apple of damaging its business and sought unspecified damages.

Apple sued Qualcomm in January for nearly a billion dollars in royalties, with Cupertino-based tech giant claiming that the wireless chip maker did not give fair licenses to its processor technology.

But Qualcomm has rebutted the allegations, saying that Apple had deliberately misconstrued the agreements and negotiations, and the magnitude and value of the technology they had invented, contributed and shared with all mobile device manufacturers, “thanks to our licensing program.”

(The title and image of this report may have been reworked by standard business staff, and the rest of the content is automatically generated from a syndicated feed).

Impact of Delhi’s updated land pooling policy

Impact of Delhi’s updated land pooling policy

The notification of the lieutenant governor of Delhi of 89 rural villages in urban areas has once again highlighted the land policy of Delhi land, which accumulated dust for almost two years. The Delhi Development Authority (DDA) had approved the policy during the last week of July 2013 and was then notified by the Union’s Ministry of Urban Development in September of that year. The operating rules were also approved by the ministry in May of 2015.

The dispute between the Delhi government and the PDD over certain amendments to the Sierra’s political article goes nowhere, while unscrupulous elements have announced plans and raise money from naive shoppers with the promise of a home in Delhi.

The policy in its concept is still a new idea, since it aims to solve the problems facing the nodal body in the acquisition of land in the main city, due to the weakness of the land and the increase in compensation due to increase Of the soil assessment.

The DDA has created two categories for pooling the land – over 20 hectares and the second for land between 2 and 20 hectares.

Improved land cover by 40 percent as part of this policy, compared to the existing 33 percent, is to promote private sector participation with land consolidation and development being the domain of private actors, while the PDD assumes A more important role of a facilitator.

Landowners would receive between 48 and 60 percent of the land combined for PDD development purposes instead of compensation, and they could use these developed lands in the way they want. The DDA will use the remaining part of the land combined to create the associated infrastructure, as well as for the semi public and public.

This policy is likely to lead to residential development projects in the main city, which has a housing deficit and where most housing needs are met by the DDA. This policy is likely to result in increased private participation in housing development throughout the city.

The latest modifications of the policy by the Ministry in 2015 are:

1. If the development delay of the DDA combined, a fine will be paid to the owners / farmers to 2% of the external development expenses (EDC) for the first two years and 3% for the subsequent period in case Of delay beyond the completion of the five-year project, according to the most recent date.

2. If farmers / landowners can not afford the EDC, they can give up most of the land with respect to the PDD, and in this case they will get 35 percent of the land for their use.

3. Development companies must necessarily build houses for the EWS (economically weaker), which represent 15% of the FAR well beyond what is allowed.

4. transparent system to prioritize returnable land allocation based on a computerized monthly pooling system.

5. Full use of the FAR is intended for residential purposes.

It is estimated that the policy will unlock around 20 000 to 25 000 hectares of land through Delhi, especially in towns and cities small cities on the outskirts of the city. Such development is likely to lead to good availability of residential units, which will also help control residential prices.

ED files PMLA case against Karti Chidambaram

ED files PMLA case against Karti Chidambaram

NEW DELHI: The Enforcement Directorate (ED) has filed a case of money laundering against Karti Chidambaram, son of former Finance Minister P Chidambaram and others by reading a recent FIR against CBI them.
Authorities said that the central survey agency recorded an incident fact sheet (Ecir), equivalent to the emergency service of a police FIR against the defendants named in the CBI complaint, including Karti, INX media and their directors, Pedro and Indrani Mukerjea, among others.
The ECIR was registered with the provisions of the Law on Prevention of Money Laundering (MPLA), they said.
They said that the emergency department would consider the “proceeds of crime” supposedly generated in this case and could also join the property of several defendants.
It is Ed who provided information on alleged illegal payments by INX media reports that the IWC had filed the FIR.
The CBI on Tuesday had carried out investigations in Karar homes and offices in four cities for allegedly receiving money from the Mukerjeas-owned media company to crush a tax probe.
The Chidambarams denied all charges against them.
The IWC had filed a FIR against Karti and Mukerjeas on charges of criminal conspiracy, deception, illegal settlement of influence on officials and misconduct.
It is alleged that Karti received INX Digital funds for the use of his influence to manipulate a tax probe in case of violation of the conditions of the Foreign Investment Promotion Council (FIPB) to receive Maurice investments.

HUDCO makes strong debut; lists 22% premium to issue price

HUDCO makes strong debut; lists 22% premium to issue price

 

The Housing and Urban Development Society (HUDCO) scored Rs 73.45, a 22% premium over its initial IPO of Rs 60 on BSE. On the National Stock Exchange (NSE), opened the stock in Rs 73.

The reduction of Rs 2 per share issue price of Rs 60 was offered to retail employees and rights.

At 10:06, the stock traded at 76.65 Rs, after having reached the peak of Rs 77.80 on BSE, it publishes its list. In the NSE, rose from Rs 77.85 in intra-day trade so far. A combined quota of 84.01 million pieces won the accountant on BSE and NSE now.

HUDCO’s IPO saw strong investor demand and subscribed almost 80 times. The part reserved for qualified institutional buyers (QIB) was subscribed 55.45 times, non-institutional investors have recorded a subscription of 330.36 times and the category of retail investors was subscribed about 11 times.

HUDCO company, which offers loans for housing projects and urban infrastructure in India has recently increased by Rs 1,120 crore as part of its IPO, helping government efforts to meet its divestiture target.

The company enjoys strong relationships with state governments and their agencies and funds from various central government and state projects in the development of housing and urban infrastructure. In most cases, these loans are subject to the payment of allocations in government budgets or use of other sources of income, which reduces the risk of recovery of loans to state governments and their agencies.

“On December 31, 2016, the ratio of gross non-performing assets (NPA) to loans to governments of the states and their agencies was 0.75% compared to the gross NPA of 6.80%. State governments also contribute to the (weighted) equity (ICAC) share of 63.7% in December 2016 because the risk of these loans is “zero,” a Securities Note Checkout

Analysts remain optimistic about the way forward for the company and investors suggest they stay in the stock for the moment.

“We suggest to subscribe the issue and the shares was listed in a prize at its offer price of Rs 60. At the current market price, HUDCO trading at 1.8 times its adjusted book value. The stock with a target price of Rs.80 / which is approximately 2 times its current adjusted book value, “says G Chokkalingam, founder and CEO of Equinomics Research and Advice

Rupee pares early gains, weakens to six-week low against US dollar

Rupee pares early gains, weakens to six-week low against US dollar

Mumbai: The Indian rupee has cut all gains on Friday morning and has weakened the 65-point mark to a six-week high against the dollar after losses in global capital and currency markets amid uncertainty about The Brazilian and American politics.

The rupee hit a high of 65.02 – a level reached on April 6. In 12h-28h, the rupee weakened to 65.01, down 0.21% from its previous close of 64.85. Earlier in the morning trading, it opened at 64.75 and was strengthened to 0.25% or $ 64.69.

The Sensex index fell 0.18% or 53.77 points to 30 375.47. So far this year, it increased by 13%.

Until this year, the rupee has gained 5.5%, while foreign investors bought 7.12 billion and 9.47 billion dollars respectively in local capital markets and loans.

The 10-year yield bond was trading at 6.669% since the previous close of 6.677%. Bond yields and prices move in opposite directions.

Asian currencies were trading lower. The Indonesian rupiah fell 0.3%, South Korea gained 0.21%, the Philippine peso, 0.13%, the Taiwan dollar, 0.11%, China’s 0.06% and China’s rENMINBI 0 , 05%. However, the Japanese yen increased by 0.31%.

The dollar index, which measures the strength of the US dollar against major currencies, traded at 97,834, down 0.05% from its previous close of 97,879.

The Council on Goods and Services Tax (GST) held on Thursday 1 July for the establishment of the unified indirect tax that would contribute to the creation of a single national market and ensure that consumer products are any tax burden

Market Live: Sensex, Nifty off the day’s lows; market breadth still negative

Moneycontrol News

14:14 Checking the benchmarks market outweighs the weak points of the day, the Sensex Nifty trades and are almost flat with a positive bias.

The Sensex rose 41.72 points 30,476.51, while Nifty rose 8.25 points to 9,437.70. The width of the market remained negative as the stocks of 848 advanced against a decrease of 1771 shares, while 153 stocks remained unchanged.

Asian Paints, Gail and IndusInd Bank were the top losers in both indices, while ITC and HUL the most won.

13h 30 Faith and Order List: BSE stock contracts present futures and options in five companies, including RBL Banco and Compañía Nacional de Aluminio (Nalco), as of May 26

Hindustan Construction Company, Kajaria Ceramics and Ramco Cement from other companies in which futures and options have been authorized.

Market control 13:15: benchmark indexes are trading low, Sensex and Nifty cut all losses and completely reverse the trend.

The Sensex fell 33.44 points 30,401.35, while the Nifty fell 18.40 points 9411.05. The amplitude of the market was negative as the stocks of 798 advanced against a decrease of 1743 shares, while stocks of 155 remained unchanged.

ITC and the State Bank of India were the first winners, while Asian Paints, Hindalco and Gail were the main losers.

12:51 Gains: State Bank of India (SBI) rose by 122 percent year over year net profit for the March quarter at Rs 2,814 crore Friday, which was slightly lower than the CNBC-TV18 estimate of Rs2.832 crore.

The largest public sector bank recorded a net profit of Rs 1,263.81 crore in the corresponding quarter of last year.

Net interest income increased by 17.3% (year-on-year) 18,070,700,000 DEM for the quarter ending in March, which was higher than the CNBC-TV18 estimate of 15,275 and R $ 90 million. OSE reported net interest income of $ 15 401.30 gross in the same period last year.

24:30. Control: The Rajesh Exports Jewelry Company announced today that it hired an export order of Rs 1.140 crore value from a company based in the UAE.

“Rajesh exports has acquired a prestige order for its products worth Rs 1,140 crore,” the company said in a report to the BSE.

24:05 pm Checking the market selling pressure took over the D-Street at the end of the morning session, as the market erased a large portion of its profits.

Sensex recorded only 48.79 30.483.58 points, while the Nifty increased 4.30 points 9433.75. The width of the market, however, was negative as the 1311 stocks advanced against a decline of 1,385 shares, while 125 stocks remained unchanged.

ITC Hul continued to gain in indices, while Maruti Suzuki, TCS, Hindalco and Eicher Motors lost more.

Zombie 11:40: share price of Sutlej Industries Textiles and rose more than 4 percent intraday on Friday as the company has approved the subdivision of its shares.

The company, at its meeting held on May 18, approved the subdivision of the shares of Rs 10 each into 10 shares of Re 1 each.

The shares of the subdivision are subject to shareholder approval and will be effective after other legislative and regulatory approvals.

11:24 CESC World brokerage: Macquarie maintains the most aggressive target price of Rs 12 months of 1100 on Cesc sees strong revaluation in share price as a result of restructuring. It increased its target price from Rs 658 to Rs 1100.

CESC has announced a massive restructuring of its activities dividing the existing company into four different companies focused on a particular industry. This is a clean mirror and departed without loss of value for minorities.

11:10. Checking the market benchmark indices gave some of their initial earnings after Sensex hit a record high in the morning session.

The Sensex climbed 142.25 points to 30,577.04, and the Nifty increased by 36.25 points to 9465.70. Some 1,532 shares have advanced, 735 and 105 shares decreased shares have not changed.

The best loser includes OSE, HUL, ITC, Bharti Airtel and Coal India, while the top losers include TCS, Infosys, Wipro, Asian Paints and Maruti Suzuki.

State Bank Of India Q4 Net More Than Doubles To Rs. 2,815 Crore

State Bank Of India Q4 Net More Than Doubles To Rs. 2,815 Crore

 

Mumbai: State Bank of India (SBI), the country’s largest lender by assets, has recorded more than double its net profit in the fourth quarter as planned, while its non-performing loan ratio declined quarterly.

The autonomous net result, including the contributions of the subsidiaries, jumped to Rs. 2,815 crore for the three months to March 31, Rs. 1,264 crore in the previous year. It was the biggest profit of six quarters.

On average, analysts expected a net profit of Rs. 2,833 crore for the lender, according to data compiled by Thomson Reuters.
Active registration 150 billion in the banking sector of India has been a concern for the regulator and the government, which controls the 20 lenders who dominate the sector.

While the OSE did as well as its state competitors in managing their assets at a disadvantage, investors remain cautious because of their high exposure to industries under stress such as steel and power.

This month, the government amended its laws, giving the central bank greater power to identify and enforce the resolution on specific loans.

Gross unsecured loans as a percentage of total loans to the SBI, which account for more than a fifth of total bank assets in India, fell to 6.9% in March from 7.23% in December.

In absolute terms, however, gross bad loans increased to Rs. 1.12 lakh million rupees in late March of Rs. Rs 1.08 million lakh in December.

Provisions for doubtful accounts decreased 9.4 percent compared to the previous year to Rs. 10,993 crorein the March quarter.

Net interest income increased by 17.3% during the year prior to Rs. 18,071 crore in the March quarter. Fee income rose 4.9 percent compared with the previous year to Rs. 6,078 crore.

OSE, which merged its five subsidiary banks with itself and also supported a niche lender for women in the first consolidation movement in the sector also faces integration challenges fluidity of operations.

President Arundhati Bhattacharya told Reuters last month that the bank expects an increase in annual profit in three years on profits and cost efficiencies resulting from the merger of the subsidiaries.

SBI shares’ are ranked 2.5 percent higher after the results in a Mumbai market, which fell 0.1 percent.

Samsung Galaxy C10 with dual cameras in Rose Gold colour leaked

Samsung Galaxy C10 with dual cameras in Rose Gold colour leaked

Amsung will soon launch its first smartphone with two cameras. We know that Samsung is working to bring the successor to the Fire Resistance Note 7 titled Galaxy Note 8 in real life. Apart from that, the South Korean smartphone maker is also working on another smartphone, which would be the Samsung Galaxy C10. We do not know much about the Galaxy C10 at present, apart from the fact that it can be installed with two cameras.

If the rumors turn out to be true, Samsung Galaxy C10 will probably be the first smartphone phone maker in South Korea to offer two cameras. It should be remembered that the rumors previously disclosed in Note 8 to come also show the arrival of two chambers. That said, Samsung, if you rely on speculation, probably highlights a lot of adaptation to the new trend of dual camera.

This is not a negligible fact that dual camera is the new trend that is that most smartphone manufacturers have been. The recently announced Xiaomi 6 comes with exactly the same camera settings. Now Samsung is probably ready to embrace the trend and lead the race. We say that when the news filtered makes the next Samsung Galaxy C10 shows the arrival of two cameras. Galaxy Note 8 is also rumored to be the establishment of two sports cameras. However, this information is only rumored and should be taken with a pinch of salt until officials have announced devices.

The press returns to Samsung Galaxy C10 to come were shared in Weibo, and are shown for the first time by Android titles. The picture shows only the top half of the back of the phone unfinished. In addition to showing the double camera in all its splendor, it also shows that the power button is placed on the right side of the unit. The leak also provides a guide for the Galaxy C10 announced in pink. However, Samsung can also advertise various color combinations.

Earlier leaks suggest that Samsung Galaxy C10 can be equipped with a dual LED flash, which should be placed between the two rear chambers. As of now, no further details on the smartphone have been revealed
In addition to C10, Samsung is also working on Galaxy Note 8 and Note 7 reconditioned, to be known Note 7R. Rumors suggest, in terms of specs, the Samsung Galaxy Note 8, which will be announced, will display a 6.3-inch screen and will also include a two-camera configuration such as the C10. In addition, the smart phone must include a CIS dual-camera 12-megapixel wide-angle and 13 megapixel telephoto. Rumors indicate that even Note 8 is compatible with 3X optical zoom, comes with two 6P lenses and supports dual OI

Zomato says hacker agrees to destroy 17 million user details, taken off dark web marketplace

Zomato says hacker agrees to destroy 17 million user details, taken off dark web marketplace

 

After the massive data leakage of confidential records of 17 million users, Zomato would have worked with the pirate to fill the gaps in his security system.

In a blog entry on the company’s website, the “ethical hacker” – whose identity has been preserved – simply wanted to expose security vulnerabilities in the corporate structure. In addition, the hacker would have given the company’s data on how hacking was done, which Zomato will soon reveal to the public.

“The attacker was very cooperative with us … his main request was that we carried a healthy cattle bonus program for security researchers,” said the blog, which the company has accessed off in exchange for all copies of stolen data In the dark web market and destroy it.

Read also: Zomato hacked: the breach of security resulting in 17 million stolen user data

According to Zomato’s blog post, the company will present a Hackerone error reward program. The bond market was used to sell the data on the dark web is no longer available according to the blog. “We look forward to working more closely with the ethical hacking community to make Zomato a safer place for our users,” he said.

Approximately 6.6 million users had hashes passwords in the data released, according to the blog. “Were viewed at only 5 data points – user IDs, names, usernames, email addresses and hashed password with salt. No more data has been exposed to anyone.

WhatsApp Pinned Chats Feature Comes to Android

WhatsApp Pinned Chats Feature Comes to Android

 

WhatsApp has finally introduced the new functionality of the cat for all Android users. The functionality was earlier this month for Android beta users. The WhatsApp chat feature allows users to rate cats’ favorite cats from the tab. With the new feature, WhatsApp users can display up to three contacts in addition to the rest of the conversation.

“With cats on, you should never worry about the long list to scroll conversations to send a text to your family or your best friend.Now users can classify up to three of the most important individual cat groups at the top of their list Chat for easy access – simply press and hold a chat message and hit the icon at the top of the screen clip, “said WhatsApp in a statement announcing the pin function for Android.

Unfortunately, pin cats currently only support three cats then a notification is displayed that “You can attach up to 3 cats” if you try to locate another cat.
In addition to the Pin option, WhatsApp users can also see other options, such as Erase, Mute, and Archive, which appear during prolonged cat pressure.

One of the key highlights of the new PIN functionality is that once you’ve impressed a cat, it will remain at the top of the chat list regardless of your dialogue or your talk time with the individual or group. Users will see new conversations or conversations following the established cats. You can also delete WhatsApp chats whenever you want by pressing and holding the option and disable the Pin button.