News in Numbers, Mar 14, 2017: 🎓 IIM-A where A = Amazon

18

What is it? Number of job offers from Amazon at the Indian Institute of Management, Ahmedabad for the class of 2017.

Why is it important? This makes the e-commerce player the top recruiter at the premier institute, reflecting the growing power of new-age companies, overtaking conventional sector such as FMCG, consulting firms and finance. The second highest number of offers from a single company was 15, from McKinsey & Company.

Tell me more: Even when companies are hit by adverse economic conditions, recruitment at IIM-A remains largely unaffected.

 

4th

What is it? The world test batting rank of Indian captain, Virat Kohli.

Why is it important? Kohli slipped further one rank after his lacklustre performance in the last four innings, with rating points of 847. At the end of the second test against Australia, he had dropped to the third spot. Earlier, Kohli had to cede the second spot he had occupied to England’s Joe Root. Kohli is 53 rating points ahead of Australia’s David Warner.

Tell me more: The same set of matches, however, helped R Ashwin regain the top spot among allrounders. He replaced Bangladesh’s Shakib Al Hasan and is 31 rating points ahead (with 434 points).

 

$15.3 billion

What is it? The amount US chip company, Intel, will pay to buy Israeli tech firm, Mobileye, creators of a driverless technology.

Why is it important? Not only is it the largest purchase of an Israeli high-tech company, but is also the largest acquisition of a company specialising only in driverless technology and anti-collision systems. In the emerging space of driverless assistance, that large tech Silicon Valley companies are already competing in, chip companies are under pressure to consolidate their hold as they are an integral part of it. Intel itself collaborated with the $10.6 billion Mobileye for BMW’s fleet of self-driving test vehicles.

Tell me more: Qualcomm made a $47 billion deal to buy NXP, the biggest automotive chip supplier, to create the largest cluster of sensors, chips, networking needed for autonomous driving.

 

16.7

What is it? Trailing price to earning ratio (P/E ratio) of top five IT companies. P/E ratio is an indicator of investors’ expectation of growth and earnings of a company.

Why is it important? Given IT companies’ high profit margins and revenue growth, it  has always been higher than the P/E ratio of the Sensex. Now, Sensex P/E ratio is 22.1. The gap indicates the tough times faced by IT companies because of changes in business, technology and political environment, especially the American president Donald Trump’s stand against outsourcing.

Tell me more: About half a dozen bills have been tabled in the United States congress, arguing that H1B visa programme is stopping American citizens from getting jobs.

 

-62%

What is it? North-east monsoon deficit in Tamil Nadu this season.

Why is it important? The deficit is seen across southern states, and indicates that Tamil Nadu, Kerala, Karnataka, Andhra Pradesh and Telangana are likely to face water shortages in the coming months. The water levels in the reservoirs, especially in Tamil Nadu, are at low levels.

Tell me more: The North East monsoon deficit was -61% in Kerala and -63% coastal Karnataka. South east monsoon deficit stood at -19% in Tamil Nadu, -34% in Kerala and -21% in coastal Karnataka.

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News in Numbers, Mar 08, 2017: Billions, Season 2

5

What is it? The wickets taken by R Ashwin in India’s second test cricket match against Australia, in the on-going four part series.

Why is it important? The haul helped India to its win, after a drubbing in the first match. It added to R Ashwin’s total of 269 test wickets, India’s fifth-highest.

Tell me more: This was also Ashwin’s 25th five-wicket haul in 47 test matches, the fastest among all bowlers, beating New Zealander Richard Hadlee’s 25 fifers in 62 matches. The third and the fourth matches in the series will take place in Ranchi and Dharamsala.

 

11

What is it? The number of individuals who dropped off the billionaire list in 2016.

Why is it important? The note ban in November 2016, among others, took a toll on billionaires as it stripped some of them of substantial cash wealth – enough to reduce their total wealth below $1 billion (~Rs 6,600 crore). Flipkart’s co-founders Sachin Bansal and Binny Bansal are among those who lost their spots.

Tell me more: India’s loss meant Germany’s gain in the Hurun India Rich List as it climbed to the third spot with an addition of 27 new billionaires.

 

Rs 275 crore

What is it? The money the Chinese Internet giant, Alibaba, paid to buy Reliance Capital’s (financial arm of the Reliance Group) nearly 1% stake in One97 Communication, Paytm’s parent.

Why is it important? Alibaba, already a major investor in Paytm’s various ventures, had recently purchased additional stake in its e-commerce arm. Tuesday’s move being seen as a not just consolidating its place in Paytm’s owners business but also as advancing its India ambitions. The sale values One97 Communication at over $4.1 billion.

Tell me more: Reliance Capital had bought the stake in 2009, for just Rs 10 crore, gaining more than 27 times the price it paid from yesterday’s sale.

 

715 million

What is it? The number of Apple iPhones in use, according to an analyst estimate.

Why is it important? Apple sold its billionth iPhone last year, nine years after its launch in 2007. The number of devices in simultaneous use is an indicator of Apple’s strength in the services part of its smartphone business – apps, music streaming, content sales etc. Apple’s app store revenue in 2016 was $28.5 billion, with the developers claiming $20 billion of the amount.

Tell me more: BMO Capital Markets analyst Tim Long also estimated that 300 million second hand iPhones will be in use by end of 2018.

 

10

What is it? The number of people injured in Ujjain train blast on Tuesday.

Why is it important? The blast is said to be the first Islamic State terror attack in the country. Islamic State first came into prominence in 2014, and a number of terror attacks in US, Europe and Asia are linked to the terror group. Police said it shot down one of the suspects who had links to Islamic State and was connected to the blast.

Tell me more: The blast took place on Bhopal-Ujjain train near Jabdi station in Shajapur district of Madhya Pradesh.

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