Samsung shipped its latest foldables – Galaxy Z Flip5 and Galaxy Z Fold5 with One UI 5.1.1 custom user interface. SamMobile has reported that the company has announced the rollout of the update for older-generation foldable smartphones. Along with this, the older-generation Galaxy Watches will also receive the One UI 5 update. Devices that will receive the updateAccording to the report, Samsung will roll out the update to older generation foldable smartphones. This includes Galaxy Z Fold4, Galaxy Z Flip4, Galaxy Z Fold3, Galaxy Z Flip3, Galaxy Z Fold2 and Galaxy Z Flip2. The update will start rolling out in August for Galaxy Z Fold4 and Galaxy Z Flip4. The other models will receive the update down the line. The One UI 5 will roll out for Galaxy Watch 5 series and Galaxy Watch 4 series. Select Samsung tablets are also set to receive the update. Here’s a list of all the tablets:Galaxy Tab S8, Tab S8+, and Tab S8 UltraGalaxy Tab S7, Galaxy Tab S7+, and Galaxy Tab S7 FEGalaxy Tab S6 LiteGalaxy Tab A8Galaxy Tab A7 LiteGalaxy Tab Active 3 and Galaxy Tab Active 4New features older foldables are set to getWith the rollout, the older foldable smartphones are set to receive a couple of features that are available on the Galaxy Z Fold5 and Galaxy Z Flip5 devices. Customizable toolbar for Flex Mode panel.Multi Window mode allows using two apps simultaneously without interrupting media playback.Hidden pop-up feature for Z Fold4, Z Flip5, and Tab S8 devices.Pop-up view to multi-window lets users switch from pop-up apps to two apps on the screen.Two-handed drag and drop for selecting and moving multiple files.Feature extends to Galaxy foldables and tablets.
Navigating Long-Term Disability Claims: Legal Insights for Businesses
Long-term disability claims can be a nightmare for businesses to navigate. If not handled properly, these cases could result in costly settlements, long-drawn legal battles, and an inevitable blow to your business’ reputation. Knowing your rights as an employer is essential for long-term disability, and having the correct knowledge about the procedures involved makes all the difference in managing a successful claim. This blog post will provide key insights about legal matters related to long-term disability claims. We’ll cover topics such as understanding employee benefits coverage, dealing with fraudulent claims, protecting yourself from litigation risk, and more! What is Long-Term Disability and Who is Covered Under It Long-term disability (LTD) is insurance meant to protect individuals who cannot work due to illness or injury for an extended period. While short-term disability typically covers the first few weeks or months, LTD provides coverage for longer periods, sometimes up to retirement age. LTD coverage may be offered through an employer as part of a benefits package, or individuals can purchase it independently. While the specifics of LTD policies vary, individuals who cannot perform their occupation duties due to medical reasons are typically covered. This can include physical disabilities, mental health conditions, and chronic illnesses. Preparing for long-term disability coverage can help provide financial security during difficult times. The Employer’s Role in Handling Long-Term Disability Claims Companies are responsible for supporting their employees through life’s challenges, including long-term disability. The employer’s role in handling long-term disability claims is crucial in ensuring that the process is handled efficiently and effectively. Employers must know about policies, procedures, and legal obligations to ensure their employees receive fair and just compensation. Additionally, companies can proactively prevent disability claims by supporting a workplace culture of health and wellness. By prioritizing employee health, employers can minimize the risk of long-term disability and ensure their workers are equipped to navigate any challenging health situations. The Laws and Regulations Governing Long-Term Disability Claims Long-term disability claims can be a complex and overwhelming process for anyone. However, understanding the laws and regulations behind these claims is crucial for claimants and insurers. The regulations governing long-term disability claims constantly evolve, sometimes making it difficult to keep up. But by seeking the advice of professionals who specialize in this area, claimants can put themselves in a better position to get the benefits they need to stay financially stable during a difficult time. As for insurance companies, they must ensure they are adhering to the proper regulations to avoid any legal issues down the road. Knowing the laws and regulations surrounding long-term disability claims can provide peace of mind for all parties involved. Understanding the Requirements to Qualify for Long-Term Disability Benefits Long-term disability benefits can be a financial lifeline for those who can no longer work. However, only some are eligible to receive this assistance. Understanding the requirements to qualify for long-term disability benefits can be complex and overwhelming. Typically, you must have a disability that prevents you from performing your job duties and will last for a substantial period. In addition, your medical condition must be well-documented and supported by medical evidence. A thorough understanding of the eligibility criteria and seeking professional guidance can increase your chances of securing long-term financial support when needed. What Documents are Required When Making a Claim for Long-Term Disability When claiming long-term disability, having all the necessary documents is crucial. The first thing you’ll need is a copy of your disability insurance policy, which outlines the terms and conditions of your coverage. You’ll also need a completed claim form, which typically includes information on your medical history, your current condition, and how your disability has affected your ability to work. Other documents that may be required include medical records, financial statements, and proof of income. It’s essential to keep in mind that every insurance company has its requirements for documenting a disability claim, so it’s a good idea to check with your provider to make sure you have all the necessary information. By staying organized and prepared, you can make filing a long-term disability claim go as smoothly as possible. Common Challenges When Filing a Claim for Long-Term Disability Benefits Filing a claim for long-term disability benefits can be a daunting task for anyone. It can be challenging to navigate the complex process, and there are many challenges that claimants may face along the way. One of the most common challenges is proving your disability and showing how it impacts your ability to work. Insurance companies often require extensive documentation and medical records to support your claim. Another common challenge is the insurance company’s denial or delay tactics. Despite paying premiums for years, many claimants find their insurers unwilling to pay out on their policy. As frustrating as it may be, staying persistent and fighting for the benefits you are entitled to is important. Overall, filing a claim for long-term disability benefits is not an easy process. Still, with the right help and support, overcoming the challenges and securing the benefits you need is possible. Overall, long-term disability can offer a critical financial lifeline to many. However, the process to successfully making a claim can take time and effort. This is why individuals must be informed of their rights and understand all the requirements to qualify for long-term disability benefits. Some particular laws and regulations govern long-term claims, making it necessary for employers to play an active role by providing important documentation and guiding employees through developing their claims. It also benefits individuals filing the claim if they have a clear understanding of what documents are required when making a claim, as well as potential challenges that could arise along the way. The vast majority will encounter no issues in this process, but building an understanding of these nuances associated with filing for long-term disability may save you from experiencing any unnecessary surprises or delays in claiming your benefits.
Indian Bank Operationalises 10 Startup Cells To Offer Tailor-Made Products To Startups
The startup cells have been set up in Ahmedabad, Bengaluru, Coimbatore, Chennai, New Delhi, Gurgaon, Guwahati, Hyderabad, Kanpur and Mumbai These cells will offer a gamut of services to startups including payment gateways, corporate credit cards, credit facilities as well as the existing products of the bank Indian Bank’s startup cells will also have dedicated relationship managers to ‘build lifecycle engagement’ with local startups Public sector bank Indian Bank has reportedly established 10 startup cells across the country to cater to the specialised requirements of the ecosystem. As per news agency PTI, these cells have been set up in Ahmedabad, Bengaluru, Coimbatore, Chennai, New Delhi, Gurgaon, Guwahati, Hyderabad, Kanpur and Mumbai. Earlier this week, Indian Bank managing director and chief executive officer (CEO) Shanti Lal Jain inaugurated the Chennai cell in-person and the other nine cells virtually. “The launch of the startup cells is a major milestone in Indian Bank’s journey to support the growth of the startup ecosystem in India,” said Jain. Indian Bank’s startup cells will offer a suite of tailor-made banking products and solutions to homegrown startups. As per the report, these centres will offer a gamut of services including payment gateways, corporate credit cards, credit facilities as well as already existing products of the bank as per specialised banking requirements of startups. In addition, these cells will also have dedicated relationship managers for startups to ‘build lifecycle engagement’ with local entrepreneurs. The bank reportedly also said that it has launched a customised credit offering for startups. With this, Indian Bank joins a growing league of financial institutions offering dedicated products for startups. While the country’s biggest bank State Bank of India (SBI) already operates a dedicated branch for startups in Bengaluru, other institutions such as Bank of Baroda, IDFC First Bank and RBL Bank also offer such niche products. Experts opine that such dedicated branches are better equipped to study the technology risk of new-age startups and have better resources to evaluate the product-market fit of an upcoming business. These centres also enable startups to access formalised credit, which is generally scarce as banks shy away from untested business models. However, with the launch of the Centre’s Credit Guarantee Scheme for Startups (CGSS), many banks have come forward to offer loans to startups. Meanwhile, dedicated branches also enable banks to tap into potential big ticket startups which could later bring big business to a financial institution. As the world’s third-biggest startup ecosystem grows in size, banks appear eager to cash-in on the burgeoning space and add parallel revenues streams. On the other hand, startups get access to specialised offerings catering specifically to them.
Government To Back 1,200 Startups Under The Extended Digital India Initiative
The extended scheme will boost the homegrown digital economy, drive digital access to services and support the local IT and electronics ecosystem, IT Minister Ashwini Vaishnaw said The government will also roll out AI-enabled multi-language translation tool, BHASHINI, in all 22 scheduled languages The government will establish three CoEs in the area of AI, catering to health, agriculture and sustainable cities The Union Cabinet on Wednesday (August 16) approved the expansion of the Digital India initiative and earmarked a total outlay of INR 14,903 Cr for the scheme. The announcement was made by Union IT Minister Ashwini Vaishnaw during a press briefing in New Delhi. Speaking to reporters, said that the expansion of the scheme will boost the homegrown digital economy, drive digital access to services and support the country’s IT and electronics ecosystem. The government has also announced a slew of sops for startups under the expanded Digital India scheme. The higher outlay will go towards backing 1,200 startups in the Tier-II and Tier-III cities. Besides, the centre will also establish three Centres of Excellence (CoEs) in the area of artificial intelligence (AI) catering specifically to health, agriculture and sustainable cities. The revamped scheme will also deploy the outlay towards Bhashini, the AI-enabled multi-language translation tool. The AI service will be rolled out in all 22 scheduled languages from 10 currently. The Cabinet also approved the deployment of nine additional supercomputers to the National SuperComputing Mission’s current kitty of 18 supercomputers. Digital document verification facility via DigiLocker will also be rolled out to micro, small and medium enterprises (MSMEs) and other ‘organisations’ to streamline the process of validation. This will likely enable small businesses to access credit and government services without being physically present. Under the Future Skills Prime Programmere, the government will upskill and reskill nearly 6.26 Lakh IT professionals. In addition, another 2.65 Lakh persons will be trained in information security under the Information Security & Education Awareness Phase (ISEA) programme. The development comes barely a day after Prime Minister Narendra Modi, in his Independen He further added that the world is tech driven today and the coming era is going to be influenced by technology. “This gives a platform to showcase the prowess of India’s talent in technology who is going to play a new key role,” the PM said in his speech. Also, talking about the Digital India initiative, he said that many developed countries had shown interest in it during his visit to Bali in 2022.
Intel scraps $5.4 billion merger deal with Tower Semiconductors
Intel has announced that it will not be going ahead with the $5.4 billion acquisition of Tower Semiconductor, a contract manufacturer based out of Israel. The company says delays in obtaining necessary regulatory approvals, particularly in China, as the reason for the decision. “Intel Corporation today announced that it has mutually agreed with Tower Semiconductor to terminate its previously disclosed agreement to acquire Tower due to the inability to obtain in a timely manner the regulatory approvals required under the merger agreement,” said Intel in a press statement. In February of last year, Intel announced its plan to acquire the Israeli chip manufacturer for $5.4 billion. Intel had hoped the acquisition would help expand its foundry business and better position it against competitors like TSMC from Taiwan. Pat Gelsinger, the CEO of Intel, notes that the company is going forward with its foundry efforts, which he says is crucial to fully realising IDM 2.0’s potential. “We are executing well on our roadmap to regain transistor performance and power performance leadership by 2025, building momentum with customers and the broader ecosystem and investing to deliver the geographically diverse and resilient manufacturing footprint the world needs. Our respect for Tower has only grown through this process, and we will continue to look for opportunities to work together in the future,” said Gelsinger.In 2021, Intel established its foundry services as a separate business unit, investing $20 billion in constructing two Arizona factories. Additionally, the company unveiled its blueprint for constructing a colossal semiconductor facility in Ohio, which is intended to become the “biggest silicon manufacturing site globally.”Under the merger agreement’s terms, Tower will receive a termination fee of $353 million from Intel. Gelsinger said, “Our respect for Tower has only grown through this process, and we will continue to look for opportunities to work together in the future.”
The World Isn’t Ready for the Next Decade of AI
Gideon Lichfield: If I were a cynic, which of course I’m not at all … Mustafa Suleyman: [Chuckle] Not at all. Lauren Goode: Not Gideon. Gideon Lichfield: I might say that you and the AI companies are setting up a pretty sweet deal for yourselves, because you’re getting to say to government, “Look, you, government, can’t possibly understand this stuff well enough to regulate it, so we’re going to voluntarily set some guardrails, we’re gonna drive the agenda, we’re gonna decide how precautionary the precautionary principle needs to be.” And so I think the question I’m asking is, what is the incentive of the private sector which leads the conversation because it has the know-how to set standards that are actually good for society? Mustafa Suleyman: If we could get formal regulation passed, I think that would be a good start. But you’re right, good regulation, I think, is a function of very diverse groups of people speaking up and expressing their concerns and participating in the political process. And at the moment we are sort of overwhelmed by apathy and anger and polarization. And yet now is the critical moment, I think, where there’s plenty of time, we have many years to try to get this right. I think we have a good decade where we can have the popular conversation, and that’s partly what I’m trying to do with the book and partly what others are trying to do with the voluntary commitments too. Gideon Lichfield: What are some of the scenarios that you predict that most people probably can’t even imagine that might happen if we don’t manage to keep these technologies under control? Mustafa Suleyman: Well, I think in sort of 15 or 20 years’ time, you could imagine very powerful non-state actors. So think drugs cartels, militias, organized criminals, just an organization with the intent and motivation to cause serious harm. And so if the barrier to entry to initiating and carrying out conflict, if that barrier to entry is going down rapidly, then the state has a challenging question, which is, How does it continue to protect the integrity of its own borders and the functioning of its own states? If smaller and smaller groups of people can wield state-like power, that is essentially the risk of the coming wave. Lauren Goode: I’m so intrigued by what you’re doing with Inflection, because when I think about your background, you’ve worked in politics, you’ve worked in social good, you, of course, ended up cofounding DeepMind and then worked at Google. But you also, you wrote a book and you seem to have these diplomatic intentions, you believe in collaboration. Why are you a startup founder? Mustafa Suleyman: I’m happiest when I’m making things. Really what I love doing is deeply understanding how something works, and I like doing that at the micro level. I love going from micro to macro, but I can’t stay just at macro. I am obsessed with doing on a daily basis, and I guess that’s the entrepreneurial part of me. I love “What are we gonna ship tomorrow? What are we gonna make? What are we gonna build?” If I had to choose between the two, that’s what makes me happiest, and that’s what I like to do most of the time.
BHIVE’s AIF Manager Sandeep Gupta Resigns, Co Launches INR 400 Cr CAT-2 AIF
As per a BHIVE spokesperson, Gupta was only handling the AIF following a restructuring in the company, but as per Gupta’s LinkedIn profile, he was a cofounder and CBO, fintech, at BHIVE BHIVE also announced its decision to wind up the AIF managed by Gupta and launch a new coworking-focussed category II AIF of INR 400 Cr The new fund will acquire fully completed commercial real estate properties at prime locations with clear titles and occupancy certificates, BHIVE said Bengaluru-based coworking giant BHIVE said that the fund manager of its alternative investment fund (AIF), Sandeep Gupta, has resigned from his role in the company to pursue opportunities elsewhere. While a BHIVE spokesperson informed Inc42 that Gupta was only handling the AIF after a restructuring in the company more than a year ago, as per Gupta’s LinkedIn profile, he was a cofounder and chief business officer, fintech, at BHIVE. Bhive Alts is the fintech arm of the BHIVE Group. BHIVE said Gupta’s departure would not lead to any disruption to its investment trajectory or have any impact on its current portfolio, as the current AIF had not yet been operationalised. “Change is inherent in the investment landscape. Our team, fortified by expertise and dedication, is committed to delivering optimum results and upholding our investors’ trust in us,” said Sheshagiri Rao Paplikar, founder and CEO of the BHIVE Group. BHIVE also announced its decision to wind up the AIF managed by Gupta and launch a new coworking-focussed category II alternative investment fund (AIF) of INR 400 Cr. The new fund will acquire fully completed commercial real estate properties at prime locations with clear titles and occupancy certificates, said BHIVE. The fund will also offer opportunities to high-net-worth Individuals (HNIs) and family-owned businesses looking to invest in commercial real estate. As per the company’s earlier plans, the fund would have a low entry ticket size of INR 1 Cr. In May last year, BHIVE Group announced its plans to raise an INR 400 Cr AIF registered with the Securities and Exchange Board of India (SEBI). In September 2022, it said it had received commitments of INR 240 Cr for the fund from some global family offices and marquee business houses in India. “There has been exponential growth in the number of AIFs in India. Unlike a decade ago, when offshore investors were funding India’s AIFs, the expanding pool of domestic investors is helping them grow today. We see a tremendous opportunity in this segment and will go aggressive with our plans as we embark on the next growth phase of the organisation,” said Paplikar. Founded in November 2014, BHIVE Group runs BHIVE Workspace and Bhive Alts. BHIVE Workspace is among the largest co-working space providers in Bengaluru and claims to have 172 startups and companies operating from its 25 locations. Currently, BHIVE operates in Bengaluru and plans to be in six major cities in India by June 2024. As per the company’s website, Bhive Alts has over 160 Cr of assets under management (AUM), with more than 45,000 investors on the platform. The business is aimed at providing retail investors access to alternative investments.
TweetDeck: TweetDeck is now X Pro, and paid
Elon Musk rebranded Twitter to ‘X’ and following that TweetDeck, a tool that lets users manage the microblogging platform better, also got rebranded to ‘X Pro’. Now, as per the announcement made on July 3, the X Pro has finally started asking for Blue subscription for the access. TweetDeck, now X Pro is no longer freeDuring the announcement, it was said that it will take around 30 days for the implementation to happen. Although it took X more than a month to implement this, it is finally here. And, visiting X Pro website (or Tweetdeck.com) as a free user shows a popup asking users to subscribe to the Blue subscription. The change has started surfacing today and users from across the globe, including us at Times of India are seeing this change. Blue subscription comes with more benefits than beforeEver since Elon Musk took over Twitter, he has made certain changes to the Blue subscription model to offer better and more benefits. This change is a part of it and the popup also mentions the benefits users will get on going premium. This includes features like longer posts, full HD videos, better ranking in conversations and search and more. Here are a quick side note that the Blue subscription offers: Prioritised rankings in conversations and search See approximately twice as many posts between ads in your For You and Following timelines. Add bold and italic text in your posts Post longer videos and 1080p video uploads All the existing Blue features, including Edit Tweet, Bookmark Folders and early access to new features Longer posts: Create posts, replies and Quotes up to 25,000 characters long. Edit post: Edit a post up to 5 times within 30 minutes. NFT Profile Pictures: Show your personal flair and set your profile picture to an NFT you own. Along with this the popup window also mentions the yearly and monthly subscription pricing for Blue subscription.X Pro Blue subscription: PriceThe X Pro Blue subscription costs Rs 650 per month and the yearly price is Rs 7,800. However, X Pro is offering 12% discount on yearly subscription and it can be purchased at Rs 6,800 right now.
Apple: Apple supplier Foxconn begins iPhone 15 production in India
CHENNAI: Apple Inc’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. A Foxconn Technology Group plant in Sriperumbudur is preparing to deliver the newest devices only weeks after they start shipping from factories in China, as the company seeks to swiftly increase the volume of new iPhones coming from India, people familiar with the matter said.The Cupertino, California-based firm is on a multiyear project to diversify its manufacturing away from China, de-risking the supply chain for its most important products as tensions between Washington and Beijing make trade less predictable. India, under Prime Minister Narendra Modi, has sought to build closer ties to the US and make itself a manufacturing hub. Before the iPhone 14, Apple had only a sliver of its iPhone assembly in India, which lagged China output by six to nine months. That delay was drastically reduced last year, and Apple produced 7% of its iPhones in India at the end of March. The goal this year is to move closer to parity on shipment timing from India and China, though suppliers are not yet certain they will achieve it, the people said, asking not to be named as the information is not public.The scale of India production for the iPhone 15 will depend on the ready availability of components, which are largely imported, and the smooth ramp-up of production lines at the Foxconn factory outside Chennai. The new iPhone, likely to be announced on September 12, promises to be the biggest update to the device in three years. It will include major upgrades to the camera system across the range, and the Pro models will gain an improved 3-nanometer A16 processor. The new family of handsets is critical to reviving flagging sales. Apple this month reported its third straight quarter of declining sales, weighed down by tepid consumer demand in key markets like the US, China and Europe.Other Apple suppliers in India — Pegatron Corp and a Wistron Corp factory that is being acquired by the Tata Group — will also soon assemble the iPhone 15, the people said.An Apple spokeswoman and representatives of Wistron and Pegatron declined to comment. Foxconn did not respond to a request for comment.Apple has steadily expanded in India through its Taiwanese suppliers, benefiting from some of the Modi administration’s financial incentives to bring in more high-end manufacturing. That’s helped Apple triple iPhone production to more than $7 billion in India in the fiscal year that ended in March, Bloomberg News reported previously.Apple, which opened its first retail stores in the country in April, now views the fast-growing India market as both a retail opportunity and an important production base for its gadgets in the longer term. In the quarter through June, iPhone sales in India grew double-digits to a new high, though Apple hasn’t disclosed precise numbers.Apple is “committed to growing and investing across the country,” Chief Executive Officer Tim Cook said after meeting Modi on his India trip in April.
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