Get the latest news from the world of Business, Finance and Markets in a single frame.

• ‘Consumer spending will return during festive season’

  Mercedes-Benz India CEO says setbacks are temporary
  2 hours 29 minutes ago
  The Hindu

• Goyal urges film industry to self regulate

  The film industry should come together and work as one to show that by self regulation they can “maintain high cultural and traditional ethos” of the
  2 hours 29 minutes ago
  The Hindu

• Fosun’s Gland plans IPO

  Gland Pharma, majority owned by Chinese pharma major Fosun Pharma, has filed a draft red herring prospectus with SEBI for an initial public offering.
  2 hours 29 minutes ago
  The Hindu

• Insurers unveil Corona Kavach policy

  IRDAI clears COVID-19 specific product of 30 insurance firms
  2 hours 30 minutes ago
  The Hindu

• NCLT tells debenture holders to settle dispute with developer citing pandemic

  Tribunal says it can’t ignore COVID-19’s devastating effect on the economy now
  2 hours 31 minutes ago
  The Hindu

• Das warns of higher NPAs, bank capital erosion

  RBI chief says it has become imperative to draw up a recapitalisation plan for public sector and private lenders
  2 hours 31 minutes ago
  The Hindu

• Stores recover 80% of pre-COVID sales: D-Mart

  With D-Mart online sales also growing well in Mumbai, the company said it is now attempting to scale it up.
  2 hours 51 minutes ago
  Moneycontrol

• COVID-19 impact | Air India withdraws job offers for around 180 trainee cabin crew members

  It further said the bank guarantees furnished by the individual trainees at the time of joining were being returned.
  4 hours 16 minutes ago
  Moneycontrol

• Pharma wrap: WHO adds airborne transmission to modes of coronavirus spread; but is it coming too late?

  Airborne transmission allows a virus to enter the upper and lower respiratory tracts.
  4 hours 59 minutes ago
  Moneycontrol

• NCLT approves Deccan Value Investors#39; bid for Amtek Auto

  The tribunal observed that the resolution plan submitted by DVI fulfils all the requirements of regulations of the corporate insolvency resolution process and has been approved by the Committee of Creditors (CoC).
  6 hours 20 minutes ago
  Moneycontrol

• PNB Housing Finance to seek shareholders#39; nod to raise up to Rs 45,000 cr

  The housing finance company may issue the bonds through private placement or by way of public issue.
  7 hours 5 minutes ago
  Moneycontrol

• This week in Auto: Has real demand picked up?

  Here is a detailed look at what made headlines in the auto space this week.
  7 hours 7 minutes ago
  Moneycontrol

• Fake SBI branch busted in Tamil Nadu, son of ex-employee among three arrested: Report

  It was only after an SBI customer, who had visited the fake bank branch, discussed it with the manager of an existing one, that the case came to light.
  8 hours 1 minutes ago
  Moneycontrol

• Petrol, Diesel Prices Remain Unchanged In Metros Since June 29

  Petrol, Diesel Price Today: Petrol currently costs Rs 80.43 per litre in Delhi and Rs 87.19 per litre in Mumbai, and diesel Rs 80.78 per litre and Rs 79.05 per litre respectively.
  8 hours 59 minutes ago
  NDTV

• IT companies may see more layoffs as sector struggles amid COVID-19: Report

  With projects scarce, employees without active project assignments would be the first out the door, analysts say.
  9 hours 6 minutes ago
  Moneycontrol

• Starting up in times of COVID-19: DigiSparsh sets sights on becoming one lender for all requirements of hospitals and patients

  DigiSparsh has tied up with hospital aggregators to underwrite hospitals and start with invoice discounting and then foray into consumer lending.
  9 hours 6 minutes ago
  Moneycontrol

• In Pics | Most popular brands in India: Take a look

  The Brand Footprint Report 2020 from the from worldpanel division of Kantar has listed the most popular brands in India. Find out which brands have the maximum reach in the country.
  9 hours 13 minutes ago
  Moneycontrol

• SpiceJet to operate flights to Ras Al Khaimah in UAE from four Indian cities between July 12-26

  The ICA stands for the UAE#39;s Federal Authority for Identity and Citizenship. A passenger having a valid residency permit of the UAE needs to take ICA approval before taking any flight to enter that country.
  9 hours 20 minutes ago
  Moneycontrol

• Dunzo data breach | User data of Google-backed hyperlocal delivery app compromised

  One of the company#39;s databases that had information like users#39; contact details and email addresses was compromised.
  9 hours 39 minutes ago
  Moneycontrol

• Chinese company among six bidders for Vande Bharat train project: Report

  The company is one of the six contenders for tender to procure the propulsion systems or the electric traction kits for 44 trains.
  9 hours 48 minutes ago
  Moneycontrol

• Coronavirus impact | Startup funding, number of new unicorns decline in H12020: Report

  In H12019, as many as 28 companies had the potential to cross the $1 billion valuation mark, which lowered to 17 in H12020,
  9 hours 48 minutes ago
  Moneycontrol

• Chinese EV maker Li Auto files for US IPO

  In a filing to U.S. Securities and Exchange Commission, Li Auto said it intends to list its shares on the Nasdaq under the symbol "LI"
  9 hours 51 minutes ago
  Business Today

• Tough days ahead: How COVID-19 will impact Indian sports ecosystem: Here#39;s what experts say

  Non-cricket sports disciplines dependent on government funding may feel the pinch as corporate funding may also be out of reach in these trying times.
  10 hours 13 minutes ago
  Moneycontrol

• This company has a service to keep your money safe in a vault in the Swiss mountains

  Located in central Switzerland, the vaults “guarantee a high standard of security” and can store valuables from artwork, gold, stock certificates, even classic cars; and also back up data
  10 hours 31 minutes ago
  Moneycontrol

• RBI Governor Shaktikanta Das asks banks to raise capital in advance, build buffers to ensure credit flow

  Lenders urged to conduct periodic ‘Covid stress tests” on balance sheet to get early warning signal
  11 hours 0 minutes ago
  The Hindu

• Compare the premiums of Corona Kavach policy

  Corona Kavach policy will pay for PPEs, gloves, masks and other similar expenses related to covid-19 treatment
  11 hours 45 minutes ago
  Livemint

• Soon, you can invest in NPS through SIP facility

  SIP in NPS will work just like SIP in mutual funds
  11 hours 56 minutes ago
  Livemint

• Default risk for Indian companies declines at rapid rate

  The government had in May announced a Rs 20 lakh crore economic stimulus package intended to provide relief during the COVID-19 outbreak.
  11 hours 58 minutes ago
  Moneycontrol

• Gland Pharma files papers with SEBI for IPO

  Apart from the fresh issue, there is an Offer for Sale (OFS) of a little over 3.4 crore shares as part of the initial public offering (IPO)
  11 hours 59 minutes ago
  Business Today

• Book review: No Filter: The Inside Story of Instagram - a pacy, breathtaking read

  Of course, like most technology novels of the past decade, even ones where he does not have an active role, Mark Zuckerberg is the most important factor of this book.
  12 hours 12 minutes ago
  Moneycontrol

• Malware Joker: Google blocks 11 apps from Play Store

  Researchers at cybersecurity firm Check Point discovered that these 11 seemingly legitimate apps had been corrupted by a new variant of popular malware Joker that first surfaced late last year.
  12 hours 12 minutes ago
  Moneycontrol

• COVID-19 Biggest Test Of Economic, Financial System Resilience: RBI Chief

  "The COVID-19 pandemic, perhaps, represents so-far the biggest test of the robustness and resilience of our economic and financial system," RBI Governor Shaktikanta Das said.
  12 hours 17 minutes ago
  NDTV

• Bank FD laddering technique: How to avoid premature withdrawal from fixed deposits

  Bank FD Laddering is a better way to manage liquidity.It also averages out your interest income
  13 hours 47 minutes ago
  Livemint

• COVID-19 Worst Health, Economic Crisis In Last 100 Years: Shaktikanta Das

  COVID-19 is the worst health and economic crisis in last 100 years, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday. "The outbreak of COVID-19 pandemic is unambiguously the worst...
  14 hours 5 minutes ago
  NDTV

• These scientists raced to find a COVID-19 drug. Then the virus found them.

  In early February, Regeneron expanded a collaboration with the federal government to begin working on the coronavirus treatment. It also started ramping up manufacturing of the antibodies
  14 hours 30 minutes ago
  Moneycontrol

• Reliance closes deal with 4 investors, gets ₹30,062 crore

  In a regulatory filing, Reliance said it has closed sale of 6.13% stake in Jio Platforms with L Catterton, The Public Investment Fund, Silver Lake and General Atlantic.
  14 hours 33 minutes ago
  The Hindu

• Reliance Jio closes deal with 4 investors, gets ₹30,062 crore

  In a regulatory filing, Reliance said it has closed sale of 6.13% stake in Jio Platforms with L Catterton, The Public Investment Fund, Silver Lake and General Atlantic.
  14 hours 38 minutes ago
  The Hindu

• Economic Growth Top Priority, Says RBI Governor Shaktikanta Das

  Many economists have warned of a recession this year due to the damage caused by the COVID-19 disease.
  14 hours 53 minutes ago
  NDTV

• RBI Governor Shaktikanta Das Speaks At SBI Banking And Economics Conclave

  Many economists have warned of a recession this year due to the damage caused by the COVID-19 disease.
  14 hours 53 minutes ago
  NDTV

• COVID-19 Worst Health, Economic Crisis In Last 100 years: Shaktikanta Das

  Many economists have warned of a recession this year due to the damage caused by the COVID-19 disease.
  14 hours 53 minutes ago
  NDTV

• All about Mistry’s ‘commercial ambition’, Ratan Tata tells SC

  The Tata Sons Chairman made the appeal in a counter-affidavit filed with the apex court
  15 hours 2 minutes ago
  Moneycontrol

• Rossari Biotech#39;s Rs 500 crore IPO: Here are 10 key things to know

  Here are 10 things you need to know about the issue:
  15 hours 4 minutes ago
  Moneycontrol

• Croatia, Bulgaria take big step toward joining the euro

  Currently, 19 of the European Union’s 27 member nations use euro currency.
  15 hours 6 minutes ago
  The Hindu

• UK housebuyers look to swap cities for suburbs

  Commuter belts and coastal towns in high demand as lockdown lifts and sales resume
  15 hours 10 minutes ago
  FT

• US heads for fiscal cliff as stimulus fades

  Economists worry that political stand-off over extension of aid could damage recovery as pandemic rages
  15 hours 10 minutes ago
  FT

• Carmakers turn to the silver screen to boost sales

  Audi, Porsche and Seat host drive-in events to steer industry out of pandemic slowdown
  15 hours 10 minutes ago
  FT

• Vanguard tops BlackRock in battle to win ETF business

  Pennsylvania-based asset manager attracts record inflows of $90bn in first half
  15 hours 10 minutes ago
  FT

• People#39;s Bank of China trims stake in HDFC to less than 1%

  PBOC had raised its holding in the housing financier to slightly over 1 percent during the quarter that ended on March 31, 2020.
  15 hours 56 minutes ago
  Moneycontrol

• CBSE Results 2020: A lot of students#39; questions still unanswered

  Students who missed their internal assessment and board examinations due to illness are wondering what happens to their CBSE results.
  17 hours 2 minutes ago
  Moneycontrol

• Overall recovery in economy may take 2-3 years: Hero Enterprises Chairman Pawan Munjal

  "The overall recovery in the economy will take between 2-3 years. But, we will see sectors come up very quickly. Some important sectors with large multiplier and large potential for employment, which are still struggling, and without support, they will actually not be able to fully recover in this time," Munjal said.
  17 hours 43 minutes ago
  Moneycontrol

• Gold prices slump to Rs 48,900 per 10 gm, Silver rallying at Rs 51,950 a kg

  In New Delhi, the price of 22-carat gold rose to Rs 47,700 per 10 gram, and in Chennai to Rs 46,920
  18 hours 53 minutes ago
  Business Standard

• String of murders chills Chechen exiles in Europe

  Vienna killing is latest attack on critic of Chechnya leader and Moscow-loyalist Ramzan Kadyrov
  21 hours 10 minutes ago
  FT

• BlueBay bets on sterling drop from hard Brexit

  Bond fund believes a long-term trade deal between UK and EU could be out of reach
  22 hours 10 minutes ago
  FT

• Wells bans TikTok from some staff devices over security concerns

  Move comes after Amazon says email telling staff to do the same with video app was ‘sent in error’
  23 hours 29 minutes ago
  FT