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Market bulls charge ahead: Sensex gains 1,147 pts, Nifty surges past 15,000
Bajaj Finserv was the best-performing Sensex stock, rising 5.2 per cent; Reliance Industries and Bajaj Finance surged 4.5 per cent and 4.5 per cent, respectively2 hours 46 minutes ago
Business Standard -
Enforcement Directorate slaps money laundering case on Franklin MF
Sebi issues show-cause notice and summons to fund house, its officials who redeemed their investments2 hours 47 minutes ago
Business Standard -
NRIs, Foreign nationals stranded in India to submit details of double taxation by March 31
The Central Board of Direct taxes (CBDT) has received various representations requesting for relaxation in determination of residential status for 2020-21 fiscal year.3 hours 24 minutes ago
The Hindu -
‘Spectrum will boost Jio, Bharti’s market share’
‘Telcos significantly widened footprint’4 hours 44 minutes ago
The Hindu -
SEBI calls for mechanism to prevent market abuse
MIIs told to formulate code of conduct4 hours 44 minutes ago
The Hindu -
PayPal eyes 1,000 hires in India in 2021
Digital payments company PayPal on Wednesday said it would hire 1,000 engineers this year for its India development centres across Bengaluru, Chennai5 hours 9 minutes ago
The Hindu -
IRCON International shares fall 7% on govt. stake sale bid announcement
Shares of IRCON International Ltd. on Wednesday closed with more than 7% losses after the government announced its plan to pare stake in the railway e5 hours 18 minutes ago
The Hindu -
‘Govt. can cut excise on fuels by ₹8.5 sans revenue impact’
Budget’s duty estimate of ₹3.2 lakh cr. can be met: ICICI Sec.5 hours 22 minutes ago
The Hindu -
NCLT enables R-Infra lenders to get ₹3,515 crore
The National Company Law Tribunal (NCLT) has upheld the petition of Doha Bank seeking priority payment for the financial creditors of Reliance Infrate5 hours 28 minutes ago
The Hindu -
Sensex climbs 2.3% buoyed by global rally, upbeat macro data
Index posts biggest single-day gain in a month on back of financial, energy stocks5 hours 32 minutes ago
The Hindu -
Developed Covaxin for a cause, not to make money: Krishna Ella
Bharat Biotech partnered ICMR to develop vaccine5 hours 53 minutes ago
The Hindu -
Will you benefit from the home loan rate cuts?
SBI has reduced home loan rates to 6.7% for loans up to ₹75 lakh, while Kotak Mahindra Bank‘s offer starts at 6.65%. SBI has a further 5 basis points concession for women borrowers. HDFC has reduced its retail prime lending rate by 5 basis points from 4 March. Mint decodes.6 hours 23 minutes ago
Livemint -
Indigo Consulting, PWW digital marketing teams to merge
Publicis Groupe has announced the integration of its Indigo Consulting’s digital marketing teams with Publicis Worldwide, thereby creating a 300-membe6 hours 30 minutes ago
The Hindu -
Accenture, Infosys announce vaccination plan for staff, families
Accenture and Infosys are among the first technology services providers to announce COVID-19 vaccination plans for their employees and dependants, her6 hours 33 minutes ago
The Hindu -
Renault India delivers over 11,000 Kiger SUVs
Renault India commenced the sales of its B-Sport Utility Vehicle (SUV) Kiger by delivering more than 11,000 units on the first day. It is all set to s6 hours 35 minutes ago
The Hindu -
Truecaller developer unveils new safety app Guardians
True Software Scandinavia, the developers of caller ID app Truecaller, launched Guardians, a new app for personal safety on Wednesday. The app was joi6 hours 36 minutes ago
The Hindu -
Raise minimum selling price for sugar to ₹34.50 a kg: ISMA
Ex-mill prices under pressure, hurting liquidity: trade group6 hours 39 minutes ago
The Hindu -
Adani buys A.P. port stake for ₹1,954 crore
Adani Group has acquired 31.5% stake held by a Warburg Pincus affiliate in Gangavaram Port Ltd. (GPL) for ₹1,954 crore. GPL is located in the norther6 hours 40 minutes ago
The Hindu -
SP 500, Nasdaq fall as high-flying tech stocks slide
6 hours 41 minutes agoMicrosoft Corp, Apple Inc and Amazon.com Inc dropped 0.9 percent and 1.3 percent, weighing the most on the SP 500.
Moneycontrol -
Stark link between obesity and Covid deaths revealed
WHO-backed report concludes that 9 out of 10 fatalities have occurred in countries with high obesity levels6 hours 45 minutes ago
FT -
Adani Ports acquires 31.5% stake in Gangavaram Port for Rs 1,954 crore
6 hours 54 minutes agoWith the completion of this deal, APSEZ, a key subsidiary of the diversified Adani Group, has expanded its market share to above 30 percent at 12 locations across India.
Moneycontrol -
Coronavirus latest: Biden criticises Texas, Mississippi for ending mask mandates
7 hours 48 minutes ago
FT -
Permira bids for $3.7bn medical device maker LivaNova
Buyout group made offer last month and talks are ongoing, people familiar with matter say7 hours 52 minutes ago
FT -
Sugar production up 20%, mills plead for increase in minimum selling price
It will help us clear payment arrears to cane farmers, they tell govt.7 hours 53 minutes ago
The Hindu -
EXPLAINED | Covaxin shows 81% efficacy, here#39;s how it stacks up against Covishield
8 hours 2 minutes agoHere is a comparison between the two COVID-19 vaccines â Covishield and Covaxin - approved in India.
Moneycontrol -
US private payrolls miss expectations in February
8 hours 22 minutes agoPrivate payrolls rose by 117,000 jobs last month, the ADP National Employment Report showed on Wednesday. Data for January was revised up to show 195,000 jobs added instead of the initially reported 174,000.
Moneycontrol -
Cuomo apologises after harassment claims but rules out resigning
Emotional New York governor says he is ‘sorry for whatever pain I caused’8 hours 24 minutes ago
FT -
Facebook lifts ban on US political advertising
Social media group had been under pressure to rescind post-election moratorium8 hours 25 minutes ago
FT -
Wall Street opens lower as private jobs data disappoints
8 hours 28 minutes agoThe Dow Jones Industrial Average fell 38.6 points, or 0.12 percent, at the open to 31352.96.
Moneycontrol -
Sebi asks bourses, clearing cos to put in place mechanism to prevent fraud
Sebi on Wednesday asked stock exchanges, clearing corporations and depositories to put in place code of conduct and institutional mechanism8 hours 31 minutes ago
Business Standard -
Gold Price Today: Yellow Metal Drops Below Rs 45,000 Mark, Silver Falls
Gold Price In India Today: Domestic spot gold closed at Rs 45,217 per 10 grams on Wednesday, and silver at Rs 67,919 per kilogram - both rates excluding GST8 hours 40 minutes ago
NDTV -
Biden bows to demand to limit eligibility for stimulus cheques
Several moderate Democratic Senators had argued $1,400 payments should not go to higher earners8 hours 42 minutes ago
FT -
US tech stocks fall as government bond sell-off resumes
A measure of US inflation expectations has hit 2.5% for the first time since 20088 hours 43 minutes ago
FT -
Elon Musk-led SpaceX set to launch Starship SN10 on March 3
8 hours 44 minutes agoSpaceX CEO Elon Musk confirmed the news on Twitter.
Moneycontrol -
Indian Railways Flags Off Delhi-Siddhbali Jan Shatabdi Express
According to railway authorities, train number 04048/04047 Siddhbali Jan Shatabdi Special Express will pick up regular services starting from March 4, 20219 hours 4 minutes ago
NDTV -
UK#39;s Rishi Sunak extends COVID rescue plan but companies to pay more tax from 2023
9 hours 7 minutes agoDelivering an annual budget speech on Wednesday, Rishi Sunak said the economy will regain its pre-pandemic size in the middle of 2022, six months earlier than previously forecast, helped by Europeâs fastest COVID-19 vaccination programme.
Moneycontrol -
81% interim efficacy data boosts Bharat Biotech#39;s hopes of Covaxin exports
9 hours 22 minutes agoBharat Biotech said another interim analysis and a final one is expected in the weeks ahead, which will give a more robust picture of Covaxin#39;s efficacy.
Moneycontrol -
Ircon shed 7% even as OFS is oversubscribed, Mtar Tech gets 4x bids
Easy Trip Planners of easemytrip.com fame to launch Rs 510-crore IPO on Monday9 hours 31 minutes ago
Business Standard -
Coronavirus latest: New York eases gathering limits as Covid hospitalisations drop
9 hours 31 minutes ago
FT -
Steel Exports To Remain Low Amid Rising Domestic Demand: Rating Agency
The finished steel exports in January 2021 totaled 0.58 million tonnes, down six per cent month-on-month and 16 per cent year-on-year as producers focused more on domestic sales9 hours 39 minutes ago
NDTV -
Investor wealth jumps Rs 9.41 trillion in three days of market rally
On Wednesday, the BSE benchmark surged nearly 1,148 points to breach the 51,000-level and the NSE benchmark index recaptured the 15,200-mark by rising 326.5 points10 hours 14 minutes ago
Business Standard -
TVS Motor Company lines up capex of Rs 500 crore for FY22
10 hours 15 minutes agoThe Chennai-headquartered two-wheeler maker has lined up several new products and a range of electric vehicles for launch next year as it looks to keep the good momentum for its products going
Moneycontrol -
UK says virus-hit economy to rebound 4.0% this year, weaker than forecast
10 hours 18 minutes agoRishi Sunak, unveiling the latest official forecasts in his annual budget, said the rebound would be weaker than the government#39;s previous estimate of 5.5 percent growth
Moneycontrol -
Renewable diesel boom highlights challenges in clean-energy transition
10 hours 19 minutes agoUnlike other green fuels such as biodiesel, renewable diesel can power conventional auto engines without being blended with diesel derived from crude oil, making it attractive for refiners aiming to produce low-pollution options.
Moneycontrol -
Gold prices plunge to Rs 45,217/10 gm on firm rupee, down Rs 1,353 in 3 days
10 hours 19 minutes agoThe broader range on COMEX could be between $1,690- $1,755 and on the domestic front, prices could hover in the range of Rs 45,050- Rs 45,670, said Damani.
Moneycontrol -
Want motor insurance discounts for good driving behaviour? Zoomcar has a solution
10 hours 28 minutes agoZoomcar is in talks with general insurers to offer Zoomcar Mobility Services (ZMS) based motor-insurance products in the Indian market. This will offer telematics based solutions where a device installed in your vehicle will observe your driving behaviour.
Moneycontrol -
Samsung considers four sites in U.S. for $17 bln chip plant: documents
Samsung already has a chip plant in Austin, which due to shutdowns caused by a winter storm last month is expected to need a couple of weeks to resume production10 hours 39 minutes ago
The Hindu -
Investor wealth jumps Rs 9.41 lakh crore in 3 days of market rally
10 hours 45 minutes agoThe Sensex and the Nifty continued their upward journey for the third straight session on Wednesday, as the BSE benchmark surged nearly 1,148 points to breach the 51,000-level and the NSE benchmark index recaptured the 15,200-mark by rising 326.5 points.
Moneycontrol -
Twitter to launch Clubhouse-like feature in Android devices
Twitter’s move to extend the feature to Android users could help give it a lead over Clubhouse app, which is currently available only in iOS10 hours 54 minutes ago
The Hindu -
Netflix crashes across the world, here#39;s how people reacted
10 hours 54 minutes agoMany of the complaints by users were about being unable to connect to the website.
Moneycontrol -
Will it make sense to invest in VPF after changes in tax rules kick in?
Voluntary provident fund (VPF) continues to be attractive in the current scheme of things as the interest rate on various other instruments have come down drastically .Even the tax-free bonds are giving a yield of 4.5% which is lower than the post-tax return of VPF of around 6.2%11 hours 36 minutes ago
Livemint -
Mortgage lender HDFC to raise up to Rs 5,000 crore through bonds
The firm will issue non convertible debentures (NCDs) on a private placement basis11 hours 42 minutes ago
Business Standard -
German cabinet backs law to protect human rights in global supply chain
Government faces complaints that measures have too many loopholes or put country’s business at a disadvantage11 hours 44 minutes ago
FT -
Bursting the bubble – meet the female winemakers who popped the patriarchy
Seventy per cent of champagne is bought by women. Now women are leading its future too11 hours 50 minutes ago
FT -
Nikola dropped claim on truck weight after US investigations began
Description of the Tre as being ‘light as comparable diesels’ disappeared from electric vehicle maker’s website11 hours 53 minutes ago
FT -
Axis Securities launches platform to make investment in bond, debenture hassle free
11 hours 54 minutes agoWith a simple investment process, YIELD is the first-of-its-kind initiative that allows retail investors direct access to the debt instruments. This removes the hassle of filling up physical forms or the need for separate KYC with the bond institutions, the brokerage house said in a statement.
Moneycontrol -
Your guide to non-fungible tokens: What NFTs are and how they work
An NFT is a cryptographic token that represents something unique, and has an individual characteristic that sets it apart. Owning an NFT is like owning a one-of-a-kind work of art or a collectible antique11 hours 54 minutes ago
Livemint -
Crude oil futures slip nearly 1% to Rs 4,423 per barrel on rise in US crude inventory
12 hours 2 minutes agoThe black gold has been trading higher than 20, 50, 100 and 200 days#39; moving averages but lower than the 5-day moving average on the daily chart. The Relative Strength Index (RSI) is at 60.99 which indicates positive momentum in prices.
Moneycontrol -
Top headlines: Hospitals can now vaccinate 24x7; Bitcoin returns to $50,000
Business Standard brings you top news of the evening12 hours 9 minutes ago
Business Standard -
Blinken disavows ‘costly military interventions’ to promote democracy
US secretary of state lays out Biden administration’s approach to foreign policy12 hours 13 minutes ago
FT -
Chinese and South African police seize fake Covid vaccines
Criminal gangs seek to capitalise on global demand for coronavirus jabs12 hours 16 minutes ago
FT -
Gold prices fall ₹208; silver up by ₹602
Silver rose to ₹ 68,194 per kg.12 hours 20 minutes ago
The Hindu -
HDFC to raise up to Rs 5,000 crore via bonds
12 hours 24 minutes agoThe issue will open on March 5, 2021 and close the same day, HDFC said in a regulatory filing.
Moneycontrol -
Sensex zooms 1,148 points, Nifty tops 15,200; financials steal the show
Foreign investors had bought equities worth ₹2,223.16 crore on net basis in Indian capital markets on Tuesday, exchange data showed.12 hours 28 minutes ago
The Hindu -
Rupee zooms 65 paise to close at 72.72 against U.S. dollar
At the interbank forex market, the local unit opened at 73.26 against the greenback and witnessed an intra-day high of 72.71 and a low of 73.26.12 hours 31 minutes ago
The Hindu -
Need of the hour is to reduce logistics cost: Piyush Goyal
12 hours 32 minutes agoPiyush Goyal also said the investments in the Sagarmala project will boost the country#39;s maritime infrastructure, expand freight corridors, make freight more cost-effective and bring down the current logistics cost, which is estimated to be about 13-14 percent.
Moneycontrol -
Rupee Gains To 72.72 Against Dollar Amid Positive Domestic Equities
Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 73.26 against the dollar and registered an intra-day high of 72.7112 hours 34 minutes ago
NDTV -
Elon Musk to create #39;Starbase#39;, a SpaceX city in Texas
12 hours 36 minutes agoSpaceX has been developing its Starship rocket and testing prototypes in Boca Chica Village - an unincorporated town near Brownsville, Texas - since 2014.
Moneycontrol -
Bitcoin 1.0: the ancient stone money of Yap
‘The islanders’ oral ledger was so effective that it could be seen as “an exemplary ancient analog to blockchain”’12 hours 45 minutes ago
FT -
The Old Lady turns green
The Bank of England becomes the first major central bank to commit to offloading brown assets12 hours 47 minutes ago
FT -
Bitcoin reclaims $50,000, hits one-week high as risk appetite returns
The cryptocurrency was last trading at $51,60712 hours 59 minutes ago
Business Standard -
Silver futures down 0.55% to Rs 68,834 per kg on ETF outflows and weak economic data
13 hours 4 minutes agoSilver holdings in iShares ETF decreased by 117.4 tonnes to 18,834.13 tonnes, the lowest since January 29.
Moneycontrol -
Sensex Rallies Over 1,100 Points, Nifty Settles Above 15,200 Led By RIL
Reliance Industries was top mover in the Sensex, the stock surged as much as 5.4 per cent to Rs 2,219.9013 hours 7 minutes ago
NDTV -
Natural gas futures up 0.29% to Rs 209.50 per mmBtu
13 hours 9 minutes agoThe near-term outlook is leaning more bearish with warmer than normal weather on the horizon.
Moneycontrol -
Deloitte strikes $80m Malaysian settlement over 1MDB
Kuala Lumpur says agreement resolves all claims over firm’s role as auditor to state-backed fund13 hours 20 minutes ago
FT -
Infosys to cover COVID-19 vaccination cost for employees and immediate family
13 hours 21 minutes agoInfosys is looking at partnering with healthcare providers to vaccinate employees and their immediate families as eligible under the guidelines given by the government, the company said.
Moneycontrol -
German regulator files criminal complaint against Greensill Bank
Financial watchdog BaFin alleges manipulation at troubled lender with €3.5bn of deposits13 hours 23 minutes ago
FT -
Cabinet approves MoU with France on renewable energy cooperation
The Union Cabinet on Wednesday gave ex-post facto approval to the signing of a Memorandum of Understanding (MoU) between India and France on renewabl13 hours 37 minutes ago
The Hindu -
Vistara starts operating flights on Mumbai-Male route
13 hours 38 minutes ago"The airline will fly three times a week on the route under Indiaâs transport bubble agreement with the Republic of Maldives,â Vistara said in a statement.
Moneycontrol -
BaFin files criminal complaint over Greensill Bank
German financial watchdog alleges manipulation at troubled lender with €3.5bn of deposits13 hours 39 minutes ago
FT -
German regulator files criminal complaint over Greensill Bank
Financial watchdog BaFin alleges manipulation at troubled lender with €3.5bn of deposits13 hours 39 minutes ago
FT -
Bank of Baroda raises Rs 4,500 crore through QIP
13 hours 45 minutes agoThe capital raising committee of the board on Wednesday approved the issue and allotment of 55,07,95,593 equity shares to eligible qualified institutional buyers at issue price of Rs 81.70 per share against the floor price of Rs 85.98 apiece, aggregating to Rs 4499,99,99,948.10, the bank said in a regulatory filing.
Moneycontrol -
Explained: Hereâs why global electronics firms want to Make in India
13 hours 47 minutes agoDelays in product and component arrivals, higher import duties, and the incentives being offered to encourage local manufacturing are pushing more companies to begin manufacturing operations in India. Currently, the consumer durables market in India is estimated to be worth Rs 65,000 crore and products made 100 percent in India account for less than 10 percent of this pie
Moneycontrol -
Kalpataru Power Transmission bags orders worth Rs 1,554 crore
13 hours 52 minutes agoThe orders include those from India, CIS and Latin America in the power transmission business, KPTL said in a statement.
Moneycontrol -
Cabinet gives nod to pact between India, Fiji for co-operation in agriculture sector
The MoU also provides for establishment of Indo-Fiji Working Group for dealing phytosanitary issues, and any other form of cooperation.13 hours 55 minutes ago
The Hindu -
Exim Bank inks $10.40 million soft loan pact with Eswatini
13 hours 56 minutes agoExim Bank, on behalf of the Indian government, has extended a Line of Credit (LoC) of $10.40 million to the government of the Kingdom of Eswatini (Swaziland) for the construction of disaster recovery site, the bank said in a release.
Moneycontrol -
SBI e-auction: Things to keep in mind if you are planning to participate
Before going for bidding, it will be good to do one’s own research about the market price of the property to check if you are not paying a higher premium for it14 hours 3 minutes ago
Livemint -
Easy Trip Planners IPO to open on Mar 8; price band is Rs 186-187 a share
The size of the initial share sale is Rs 510 crore14 hours 5 minutes ago
Business Standard -
Govt steps up COVID-19 vaccination pace, to allow more private hospitals to administer vaccines
14 hours 10 minutes agoThe government#39;s latest direction to states, will significantly increase the capacity. India has a total of 43,486 private hospitals. On an average, India is inoculating about 5-6 lakh people a day, way short of the government#39;s target of 13 lakh.
Moneycontrol -
Reliance Industries, Bharti Airtel Gain After Spectrum Auction, Vodafone Falls
Telecom shares including those of Bharti Airtel, Reliance Industries-owned Jio gained after the firms strengthened their respective networks by purchasing spectrums in the auction yesterday14 hours 12 minutes ago
NDTV -
Renault begins commercial sales of SUV Kiger; delivers over 1,100 units on first day
14 hours 13 minutes agoThe all-new Renault Kiger is currently available for bookings across the company#39;s dealership network of over 500 outlets pan-India besides through its website, Renault India said.
Moneycontrol -
Fraud Alert: SBI warns customers of fake reward points links, asks them to be vigilant
14 hours 13 minutes agoSBI has also asked its customers to not share any sensitive information such as card/PIN/OTP/CVV/password with anyone.
Moneycontrol -
Govt brings insurance brokers within ombudsman ambit
The amended rules have enlarged the scope of complaints to ombudsmen from only disputes earlier to deficiencies in service on the part of insurers, agents, brokers and other intermediaries14 hours 17 minutes ago
The Hindu -
COVID-19 | How the cookbooks of 2020 tell the stories of our pandemic kitchens
14 hours 18 minutes agoThe pandemic has been good to cookbooks. Overall sales jumped 17% from 2019, according to figures from NPD BookScan, which tracks about 85% of U.S. book sales
Moneycontrol -
Exclusive | France said to be looking to secure Bharat Biotech COVID-19 vaccine
14 hours 18 minutes agoWith less than 5 percent of its population inoculated so far, the Emmanuel Macron government is under tremendous pressure to secure more vaccines. Covaxin could likely be a beneficiary.
Moneycontrol -
Tata Power arm TP Saurya to supply solar power to Tata Steel in Jharkhand
14 hours 26 minutes agoTata Power#39;s wholly-owned subsidiary, TP Saurya Limited, has signed a Power Purchase Agreement (PPA) with Tata Steel Ltd to develop a 15 MW solar project at Jamshedpur, Jharkhand, a company statement said.
Moneycontrol -
The ePlane Company raises $1 million seed funding for flying electric taxis prototype: Report
14 hours 28 minutes agoThe startup is trying to develop flying electric taxis to counter traffic congestion in cities. The funds will be used to support the companyâs prototype stage over the next year.
Moneycontrol -
The most important gun lawsuit youâve never heard of
14 hours 29 minutes agoA largely overlooked lawsuit is playing out in New Jersey about the way Smith Wesson advertises its wares, but the truth is the case is about much more than advertising. The outcome could have profound implications for the gun industry
Moneycontrol -
Apollo bets on Las Vegas comeback with Venetian deal
Las Vegas Sands strikes $6.5bn deal to offload the casino a month after founder Sheldon Adelson’s death14 hours 29 minutes ago
FT -
India rolls red carpet to Elon Musk for a Tesla factory, but what can it offer?
14 hours 44 minutes agoGovt is promising lower costs. One analyst says since Indiaâs EV market is very small, Tesla will have to heavily depend on exports. This is possible only if incentives are aimed to drive up exports. Gadkariâs hospitality comes at a time when Chinese regulators are questioning Tesla on many issues.
Moneycontrol -
Massive stimulus helps Brazil to limit losses
Latin America’s largest economy was one of its most resilient amid the pandemic, data show14 hours 45 minutes ago
FT -
Power Mech Projects bags orders worth Rs 734 crore
14 hours 55 minutes agoThe engineering and construction firm in a regulatory filing said that it has won an order worth Rs 401 crore for operation and maintenance of boilers auxiliaries and other miscellaneous jobs of 4 x 660 MW, Thermal Power Plant of Vedanta Limited, Jharsuguda.
Moneycontrol -
Sensex Surges Over 700 Points, Nifty Above 15,100; Metal Shares Shine
Foreign institutional investors bought shares worth Rs 2,223 crore while domestic institutional investors sold shares worth Rs 854 crore.15 hours 7 minutes ago
NDTV -
Sensex Surges Over 700 Points, Nifty Above 15,100 Led By RIL
Foreign institutional investors bought shares worth Rs 2,223 crore while domestic institutional investors sold shares worth Rs 854 crore.15 hours 7 minutes ago
NDTV -
PayPal to hire over 1,000 engineers for India development centres in 2021
15 hours 9 minutes agoPayPal will hire 1,000 engineers for the development centres in these three cities over the course of the year across software, product development, data science, risk analytics and business analytics streams at entry, mid-level, and senior roles, a statement said.
Moneycontrol -
Sectors which did well decades ago, may see resurgence now: Kenneth Andrade
Indian companies serving markets abroad rather than the domestic one are likely to gain disproportionately even as other tailwinds help with costs15 hours 21 minutes ago
Business Standard -
Dubai cultural visas: All you need to know
15 hours 26 minutes agoHere are the details for all you need to know about who is eligible, how to apply and what documents are needed
Moneycontrol -
HDFC, LIC Hsg: Stick to sound HFCs as SBI cuts home loan rate, say analysts
Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts15 hours 28 minutes ago
Business Standard -
Strong T-cell response is good news for battle against Covid variants
US study likely to alleviate some concerns about new strains outsmarting vaccines15 hours 44 minutes ago
FT -
JLR sets up charging infra at retail outlets as it prepares to launch I-Pace later this month
15 hours 48 minutes agoTwenty two retail outlets across 19 cities are now EV ready in terms of infrastructure, as well as sales and after-sales support, the company said in a statement.
Moneycontrol -
MTAR Technologies IPO Fully Subscribed Within Hours Of Opening
MTAR Technologies shares was in huge demand among investors as it received total bids for 91 lakh shares as against 72.60 lakh shares on the offer.15 hours 54 minutes ago
NDTV -
RPP Infra Surges After Bagging New Orders Worth Rs 1,000 Crore
RPP Infra Share Price: On Wednesday, March 3, RPP Infra Projects opened at Rs 74.55 on the BSE, touching an intra day high of Rs 83.65 and an intra day low of Rs 71, so far.15 hours 58 minutes ago
NDTV -
Marico declares interim dividend of Rs 4.50 per share
16 hours 8 minutes ago"The board of directors of the company at its meeting⦠approved the declaration of second interim equity dividend for the financial year 2020-21 of Rs 4.50 per equity share of Rs 1 each, being 450 percent on the paid-up equity share capital of Rs 129.13 crore,â Marico said in a regulatory filing.
Moneycontrol -
Samsung considering four sites in US for $17 billion chip plant
16 hours 11 minutes agoThe tech giant is also seeking combined tax abatements of $1.48 billion over 20 years from Travis County in Texas and the city of Austin, it added in the documents dated Feb. 26, up from the $805.5 million previously mentioned.
Moneycontrol -
Exxon vs activists: can disenchanted investors force change?
Chief Darren Woods under pressure as he presents annual update to shareholders16 hours 15 minutes ago
FT -
Insurance Ombudsman Rules amended: Hereâs how customers will benefit
16 hours 18 minutes agoInsurance brokers and agents have also been brought under the purview of the Ombudsman. This means policyholders can now file complaints against these entities as well.
Moneycontrol -
How SPACs can help make Indian firms a key part of global listed markets
At a time when many Indian firms are eyeing overseas listing and many SPACs are looking at targets in Asia to offer better deals to shareholders, the SPAC structure offers a win-win solution to both16 hours 23 minutes ago
Business Standard -
Just 1 % of Fortune 500 companies led by Black chief executives: World Economic Forum
Wipro has joined the Partnering for Racial Justice in Business initiative.16 hours 27 minutes ago
The Hindu -
MTAR Technologies IPO subscribed 3.7 times on first day
MTAR Technologies IPO subscribed 3.7 times on day 1: Retail investors submitted bids 6.93 times against their reserved portion. The portion set aside for non-institutional investors was subscribed 1.02 times16 hours 28 minutes ago
Business Today -
Just 1% of Fortune 500 companies led by Black chief executives: World Economic Forum
16 hours 30 minutes agoBengaluru-headquartered information technology services major Wipro Limited on Wednesday announced that it has joined the Partnering for Racial Justice in Business initiative launched by the WEF to promote a culture of diversity, inclusion, equity and justice for people of all racial backgrounds in the workplace.
Moneycontrol -
Maruti Suzuki service network crosses 4,000 outlets; 208 workshops added this fiscal
16 hours 31 minutes agoThe company has also brought several innovations such as the quick response team, service on wheels, among others, to cater to the different needs of the customers, MSI Executive Director (Service) Partho Banerjee said.
Moneycontrol -
Adani Enterprises crosses Rs 1 trillion market capitalisation
Adani Enterprises became the third Adani Group company after Adani Green Energy (Rs 1.85 trillion market cap) and Adani Ports (Rs 1.52 trillion market-cap) to achieve the feat16 hours 45 minutes ago
Business Standard -
RPP Infra Projects bags orders worth Rs 1,000 crore
16 hours 47 minutes agoIn a regulatory filing, RPP Infra Projects said it has received four letter of acceptance for four new orders.
Moneycontrol -
Sensex surges 1,147 points, Nifty reclaims 15,200 mark: Five factors behind the rally
While Sensex closed 1,147 points or 2.28 per cent higher at 51,444, Nifty climbed 326.50 points or 2.19 per cent to end at 15,24516 hours 54 minutes ago
Business Today -
SpiceJet ties-up with WheelTug for reserving electric taxi system production slots
17 hours 0 minutes agoThe application of such a system helps move an aircraft forward or backward without powering its engines or using external tugs.
Moneycontrol -
Doors being opened for talented youth in several sectors: PM Modi
17 hours 7 minutes agoAddressing a webinar on implementation of the Union Budget provisions in the education sector, he said the new National Education Policy has encouraged the use of local language and now it is the responsibility of all academics and experts of every language to prepare the best content available in the country and the world in Indian languages.
Moneycontrol -
US to impose anti-dumping tax on 18 countries
17 hours 10 minutes agoPresident Joe Biden#39;s administration determined that imports from Germany in particular ($287 million in 2019) benefited from dumping ranging from 40 to 242 percent.
Moneycontrol -
Sensex, Nifty firm up gains in early trade; financial stocks shine
BSE Sensex was trading higher by 411.23 points or 0.82% at 50,708.12; NSE Nifty was up 124.65 points or 0.84% at 15,043.7517 hours 16 minutes ago
The Hindu -
Generic Engineering Construction and Projects bags construction orders worth Rs 81 crore
17 hours 20 minutes agoThe work orders include a residential project based in Panvel worth Rs 44.68 crore from Cityopia Ventures Private Ltd, and special project for structural construction of replica of 12 Jyotrilings (Shiv Dham Phase I) at Kangnidar (Mandi), Himachal Pradesh, amounting to Rs 36.12 crore from Himachal Pradesh Tourism Development Corporation Ltd.
Moneycontrol -
Germany’s intelligence agency to spy on far-right political party
Move could severely undermine AfD’s chances in September’s Bundestag elections17 hours 23 minutes ago
FT -
Germany’s intelligence agency to spy on far right political party
Move could severely undermine the AfD’s chances in September’s Bundestag elections17 hours 23 minutes ago
FT -
Rupee gains 22 paise to 73.15 against U.S. dollar in early trade
On March 2, the rupee had settled at 73.37 against the U.S. dollar17 hours 26 minutes ago
The Hindu -
RPP Infra surges 9%, hits 52-week high on bagging orders worth Rs 1,000 cr
The company, on Wednesday, announced that it has received four letters of acceptance for four new projects17 hours 31 minutes ago
Business Standard -
Saudi Arabia says Khashoggi report won’t set back US relations
Riyadh confident it can maintain strong ties with Washington, according to ambassador17 hours 39 minutes ago
FT -
Outlook for US airlines remains cloudy despite further $15bn aid injection
Stimulus bill extends payroll support to October but recovery is further out17 hours 45 minutes ago
FT -
Policybazaar raises $45 million via secondary share sale at valuation of $2.4 billion: Report
18 hours 9 minutes agoThe new investors in ETechAces (Policybazaar#39;s parent company) include Bay Capital, Cyrus Poonawalla Group, IIFL Wealth and White Oak Global Advisors
Moneycontrol -
Tata Power DDL rolls out live peer-to-peer solar energy trading project
18 hours 13 minutes agoTata Power DDL and Power Ledger in collaboration with India Smart Grid Forum (ISGF) have rolled out live peer-to-peer (P2P) solar energy trading, a first-of-its-kind pilot project in Delhi, a statement said.
Moneycontrol -
Ion Exchange slips 4% as Rakesh Jhunjhunwala sells stake in firm
At the end of the December 2020 quarter, Jhunjhunwala held a 5.29 per cent stake in Ion Exchange.18 hours 19 minutes ago
Business Standard -
Greensill Capital prepares to file for insolvency
Apollo Global Management lined up to buy parts of the business18 hours 19 minutes ago
FT -
Haryanaâs 75% reservation law may disrupt post-COVID-19 recovery, say firms
18 hours 22 minutes agoThe Haryana State Employment of Local Candidates Bill, 2020 provides a quota for local people in private sector jobs that offer a salary of less than Rs 50,000 a month.
Moneycontrol -
MTAR Technologies IPO Opens Today, Should You Invest?
MTAR Technologies is planning to raise Rs 596 crore from the IPO which comprises of an offer for sale of Rs 472.90 crore and fresh issue of Rs 123.52 crore.18 hours 37 minutes ago
NDTV -
MTAR Technologies IPO Opens Today, Anand Rathi Recommends Subscribe
MTAR Technologies is planning to raise Rs 596 crore from the IPO which comprises of an offer for sale of Rs 472.90 crore and fresh issue of Rs 123.52 crore.18 hours 37 minutes ago
NDTV -
In 2020, world added 3 billionaires every two days, India added one every week
Despite COVID-19, 2020 has seen the biggest wealth increase of the last decade18 hours 41 minutes ago
The Hindu -
Baillie Gifford’s never-sell mantra is a song for fools
For every Tesla, there’s Nokia, Kodak and Cisco.18 hours 45 minutes ago
FT -
Cool prospects for consumer durable firms as temperature set to soar
Indian Meteorological Department (IMD) expects day temperatures to remain above-normal in select regions across the country between March to May 202118 hours 49 minutes ago
Business Standard -
Zomato to raise up to $1 billion from investors ahead of IPO: Report
19 hours 0 minutes agoZomato is expected to launch its IPO around June 2021 for valuation of $6-8 billion.
Moneycontrol -
Lebanese currency plunges to new low fuelling nationwide protests
Sinking pound stokes rising inflation even as most workers’ wages are falling19 hours 5 minutes ago
FT -
IRCTC â Can the train run faster?
19 hours 13 minutes agoGiven the recent run-up in the stock of IRCTC, investors should add the stock on every correction
Moneycontrol -
Sensex Surges 400 Points, Nifty Above 15,000 Led By Metal, Banking Shares
State Bank of India, Reliance Industries, HDFC, HDFC Bank and ICICI Bank were top movers in the Sensex.19 hours 17 minutes ago
NDTV -
BREAKING: Sensex zooms over 1,000 points, breaches 51K amid rally in global markets
While Sensex climbed 1,012 points to 51,313, Nifty rose 292 points to 15,21119 hours 20 minutes ago
Business Today -
Petrol, Diesel Prices Unchanged For Fourth Day In A Row
Petrol prices were last increased on Saturday, February 27, by 24 paise per litre in national capital of Delhi to an all-time high of Rs 91.1719 hours 26 minutes ago
NDTV -
Home loan interest rates at a new low: Latest offer by SBI, Kotak Mahindra Bank
State Bank of India (SBI), Kotak Mahindra Bank have reduced the interest on home loan rates19 hours 30 minutes ago
Livemint -
COVID-19 vaccine | Hyderabad-based Biological E may help Johnson Johnson fulfil global orders: Report
19 hours 36 minutes agoBiological E has a target of manufacturing of roughly 600 million doses of Janssen annually.
Moneycontrol -
Netflix plans big local content boost in quest for India edge
Streaming giant to roll out largest-ever programming slate as it battles Disney and Amazon Prime19 hours 42 minutes ago
FT -
Nifty Seen Opening Above 15,000; Telecom Stocks In Focus
Foreign institutional investors bought shares worth Rs 2,223 crore while domestic institutional investors sold shares worth Rs 854 crore.19 hours 48 minutes ago
NDTV -
Trading tips by Ajit Mishra of Religare Broking: Buy Colgate, Tata Motors
Tata Motors has witnessed a fresh breakout on March 2, after consolidating in a range for a month20 hours 2 minutes ago
Business Standard -
Yes Bank gets majority vote of shareholders for Rs 10,000 crore fund mop-up
20 hours 9 minutes agoAs many as 98.78 per cent votes were cast in favour of the resolution to authorise the bank to raise capital through issuance of equity shares or other securities, Yes Bank said in a regulatory filing.
Moneycontrol -
Indian Bank seeks shareholders nod for Rs 4,000 crore equity capital raise
20 hours 18 minutes agoExtraordinary General Meeting (EGM) of the bank was held on 2nd March, 2021 through video conferencing/other audio visual means in accordance with government guidelines, the bank said in a regulatory filing.
Moneycontrol -
Easy Trip Planners IPO to open on March 8, price band fixed at Rs 186 to Rs 187
Easy Trips plans to collect Rs 510 crore through the IPO which is a complete offer for sale20 hours 28 minutes ago
Business Today -
Vedanta share price rises over 3% to hit fresh 52-week high
Vedanta shares gained as much as 3.21 per cent in intraday on Wednesday to hit 52-week high of Rs 221.60 on BSE. The stock has given a return of 267 per cent over the last eleven months20 hours 30 minutes ago
Business Today -
Australia’s attorney-general denies historic rape allegation
Case reignites debate about treatment of women in politics as government reels from scandal20 hours 38 minutes ago
FT -
Short-term trend in Nifty bearish, stay stock-specific: Vinay Rajani
The trend of midcap and smallcap stocks has been strong and stock specific bullishness is likely to continue20 hours 42 minutes ago
Business Standard -
Market Ahead, March 3: All you need to know before the Opening Bell
Rakesh Radheyshyam Jhunjhunwala and his firm Rare Investments on Tuesday offloaded shares worth nearly Rs 65 crore in Ion Exchange India Ltd, through open market transactions20 hours 51 minutes ago
Business Standard -
Centre garners ₹77,814.80 cr after spectrum auction
Vodafone Idea Ltd picked ₹1,993.40 crore worth of airwaves20 hours 53 minutes ago
The Hindu -
MARKETS: Sensex zooms 700 pts, reclaims 51k; Nifty Auto sole sectoral loser
LIVE markets: Volatility index, India VIX, cooled off 5% to 22.320 hours 55 minutes ago
Business Standard -
MARKET LIVE: Sensex zooms 1,000 points, reclaims 51k; Nifty above 15,150
LIVE markets: Volatility index, India VIX, cooled off 5% to 22.320 hours 55 minutes ago
Business Standard -
MARKET LIVE: Sensex surges 500 points; metals, PSU banks in focus
LIVE markets: The Nifty sectoral indices traded in the green, led by Nifty Metal index, up 2 per cent20 hours 55 minutes ago
Business Standard -
MARKET LIVE: Sensex gains 400 points in pre-open, Nifty tops 15k
LIVE markets: Oil prices were soft after hitting a two-week low overnight on expectations that OPEC+ producers will ease supply curbs at their meeting later this week20 hours 55 minutes ago
Business Standard -
RIL, banks lift indices for 3rd day; Sensex gains 1,148 pts, ends above 51K
he frontline Nifty50 index made a dash for 15,300-mark in the intra-day trade, and hit a high of 15,273.20 hours 55 minutes ago
Business Standard -
MARKET LIVE: Sensex rises 350 points, Nifty reclaims 15k; IRCON dips 6%
LIVE markets: The Nifty sectoral indices traded in the green, led by Nifty Metal index, up 2 per cent20 hours 55 minutes ago
Business Standard -
MARKET LIVE: Sensex zooms 1,100 points, reclaims 51k; Nifty above 15,150
LIVE markets: Volatility index, India VIX, cooled off 5% to 22.320 hours 55 minutes ago
Business Standard -
MARKETS: Sensex zooms 750 points, reclaims 51k; Nifty tests 15,150
LIVE markets: Volatility index, India VIX, cooled off 5% to 22.320 hours 55 minutes ago
Business Standard -
MARKET LIVE: Sensex rises 400 points; metals, PSU banks in focus
LIVE markets: The Nifty sectoral indices traded in the green, led by Nifty Metal index, up 2 per cent20 hours 55 minutes ago
Business Standard -
MARKET LIVE: SGX Nifty indicates a flat start for indices; IRCON in focus
LIVE markets: Oil prices were soft after hitting a two-week low overnight on expectations that OPEC+ producers will ease supply curbs at their meeting later this week20 hours 55 minutes ago
Business Standard -
MARKETS: Sensex zooms 800 points, reclaims 51k; Nifty tests 15,150
LIVE markets: Volatility index, India VIX, cooled off 5% to 22.320 hours 55 minutes ago
Business Standard -
MARKETS: Sensex zooms 850 points, nears 52k; Nifty tops 15,150
LIVE markets: Volatility index, India VIX, cooled off 5% to 22.320 hours 55 minutes ago
Business Standard -
MARKETS: Sensex zooms 800 pts, reclaims 51k; Nifty Auto sole sectoral loser
LIVE markets: Volatility index, India VIX, cooled off 5% to 22.320 hours 55 minutes ago
Business Standard -
Top headlines: India Inc earnings estimate upgrade, India woos Tesla
Reliance Jio has bagged more than 50 per cent of the total quantum of airwaves sold by paying Rs 57,122.65 crore. Of the 855.6 megahertz of spectrum sold, Jio has got 488 megahertz21 hours 6 minutes ago
Business Standard -
Indian tractor maker presses AGCO to refresh board, consider alternatives
21 hours 10 minutes agoIndian tractor manufacturer Tractors and Farm Equipment, known as TAFE, said in a U.S. regulatory filing that it made a presentation to the company in which it outlined AGCO#39;s weakening long-term competitive position and urged immediate action.
Moneycontrol -
Asian shares nudge higher as investors shrug concerns, dollar soft
Wall Street had retreated overnight after beginning March with a bang, with the S&P 500 staging its best one-day rally in nine months on Monday21 hours 26 minutes ago
Business Standard -
Seeking compensation for tech glitches could be a tough task for investors
Lawyers say compensation may be an uphill task for investors because of a lack of judicial precedent and broader institutional difficulties21 hours 33 minutes ago
Business Standard -
This small cap stock falls over 4% after Jhunjhunwala pares stake
The share touched an intraday low of Rs 1347, falling 4.01% against previous close of Rs 1,403.20 on BSE21 hours 37 minutes ago
Business Today -
This small cap stock fell over 4% after Jhunjhunwala pared stake
The share touched an intraday low of Rs 1347, falling 4.01% against previous close of Rs 1,403.20 on BSE21 hours 37 minutes ago
Business Today -
Your mother should formally request the society for documents
The documents will help you assess what actions have been taken on the matter by the housing society21 hours 55 minutes ago
Livemint -
Gold price plummets to Rs 45,420 per 10 gm, silver trending at Rs 66,600/kg
In New Delhi, the price of 22-carat gold slipped by Rs 950 to Rs 44,250 per 10 gm, while in Chennai it inched down by Rs 890 to Rs 42,66022 hours 14 minutes ago
Business Standard -
US and Asia allies plan Covid vaccine strategy to counter China
Biden administration in talks with Japan, India and Australia to distribute jabs across region22 hours 18 minutes ago
FT -
Brussels prepares to defend Europe’s social model as pandemic rages
Commission lays out end-of-decade goals for EU employment and poverty reduction22 hours 44 minutes ago
FT -
Coronavirus latest: Hiscox regrets ‘uncertainty and anguish’ of Covid insurance disputes
22 hours 58 minutes ago
FT -
Coronavirus latest: Ryanair chief hopes summer traffic returns to 70% of pre-pandemic levels
22 hours 58 minutes ago
FT -
Coronavirus latest: Single vaccine dose prevents 80% of hospitalisations in old and frail, UK study shows
22 hours 58 minutes ago
FT -
Coronavirus latest: Chinese and South African authorities seize fake Covid vaccines
22 hours 58 minutes ago
FT -
Coronavirus latest: Indian vaccine shows 81% efficacy in interim analysis of phase 3 trials
22 hours 58 minutes ago
FT -
MTAR Technologies IPO opens today: Should you subscribe to the issue?
MTAR Technologies IPO: Price band for the IPO has been fixed at Rs 574-575 per share. The Hyderabad-based firm raised Rs 180 crore from 15 anchor investors on Tuesday23 hours 4 minutes ago
Business Today -
Biden’s $1.9tn stimulus bill risks turbulent landing in Senate
Lawmakers haggle over size of relief package that stands to make or break budding presidency23 hours 45 minutes ago
FT -
Property and the pandemic: the great reckoning that never seems to arrive
US creditors are wary of calling in commercial real estate loans because many do not want to be saddled with undesirable assets23 hours 45 minutes ago
FT -
Inside ultra-Orthodox Jews’ battle with the virus and the Israeli state
Community in crisis as tensions grow over pandemic and radicals gain ground23 hours 45 minutes ago
FT -
US Treasury bond wobble heightens concerns over health of $21tn market
Latest liquidity shock lifts pressure on American regulators to address market function issues23 hours 45 minutes ago
FT -
Inside the ultra-Orthodox battle with the virus and the Israeli state
Community in crisis as tensions grow over pandemic and radicals gain ground23 hours 45 minutes ago
FT -
US failure to act against Saudi Arabia will embolden Iran
Lack of sanctions over Khashoggi murder adds to distrust of Washington in the region23 hours 45 minutes ago
FT -
Treasury bond wobble heightens concerns over health of $21tn market
Latest liquidity shock lifts pressure on US regulators to address market function issues23 hours 45 minutes ago
FT -
Tempers fray over France’s vaccine strategy
Emmanuel Macron’s government under fire for handling of jabs and lockdowns23 hours 45 minutes ago
FT -
The IMF’s surcharges are unfit for purpose
It’s time for a rethink.23 hours 45 minutes ago
FT -
Joe Biden’s $1.9tn stimulus bill risks turbulent landing in Senate
Lawmakers haggle over size of relief package that stands to make or break budding presidency23 hours 45 minutes ago
FT -
Inside the ultra-Orthodox Jews’ battle with the virus and the Israeli state
Community in crisis as tensions grow over pandemic and radicals gain ground23 hours 45 minutes ago
FT -
Global oil prices fall over supply uncertainty; Brent reaches $62.63 per barrel
Brent crude futures dipped 7 cents, or 0.1%, to $62.63 a barrel, down 7% from a 13-month high hit last week23 hours 59 minutes ago
Business Today
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