Mar 26, 2018 - How Cambridge Analytica Controversy Will Affect Facebook in India

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Joydeep Phukan, secretary, Tea Research Association (TRA), talks to Tradebriefs on the state of affairs today at the oldest tea research institute on the world!
Tocklai Tea Research Institute, named after the river Tocklai in Assam, on whose banks it was set up in 1911, is the oldest tea research institute in the world. The most premier institute of its kind, it has delivered yeomen's service to the tea industry in India, helping to triple Assam's tea output in the last half century. With cutting-edge research on best practices for tea cultivation and manufacturing, Tocklai has been instrumental in establishing Assam teas as the most premium in its category, worldwide. In fact, the popular Irish Breakfast and English Breakfast tea blends are made using black tea from Assam. Today, it is indeed sad to know that due to a lack of funding from the Central government, scientists from this institute have not received their dues. The arrears amount to about Rs 11 core, to be paid as benefits to those who are now retired after years of service at Tocklai. Joydeep Phukan, secretary, Tea Research Association (TRA), talks to Tradebriefs on the state of affairs today at this august institution, new products in the pipeline, tea tourism, and the road ahead. Excerpts

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Double Digit Growth For Indian IT Will Come Sooner Than You Think: JPMorgan's Ravi Shankar

JPMorgan India sees the Indian I.T companies at the cusp of a transition from legacy to digital, and as legacy companies grow smaller, Indian I.T could see double digit growth in the next twelve months.“All the mid-cap companies are growing in double digits. Hexaware, Mphasis, L&T Infotech, L&T Technology Services--all of these are growing between 12 and 15 percent,” Ravi Shankar, MD, Investment Banking at JPMorgan India told BloombergQuint at the sidelines of the India Investor Summit 2018.



Today's TradeBriefs Cartoon

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