With the stake buy in Godrej Properties, Godrej Industries' stake in the company will rise to 47.29 per cent.
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Wednesday, June 30, 2021
A 2019 investigation of Bombay Dyeing may delay Go Air IPO by a month
Demand recovery key to Apollo Tyres' aggressive $5 billion revenue target
Sebi starts cross margin facility on commodity futures to boost liquidity
The crumbling city
Does India need more coal power?
NITI moots 100% I-T exemption for donations to not-for-profit hospitals
Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals. This could be a catalyst in channelizing the much-needed funds to deserving hospitals." it said. According to the report, the government can consider the provision of working capital loans with lower interest rates, which would be more financially viable for not-for-profit hospitals and would assist in adequate cash flows durin
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NITI Aayog recommends privatising United India Insurance Company
Serum Institute applies for EU nod through drugmaker AstraZeneca
A question of compliance
Blurred picture
After 20 years, US to leave Bagram - heart of its Afghan military power
For nearly 20 years, Bagram Airfield was the heart of American military power in Afghanistan, a sprawling mini-city behind fences and blast walls just an hour's drive north of Kabul. Initially, it was a symbol of the U.S. drive to avenge the 9/11 attacks, then of its struggle for a way through the ensuing war with the Taliban. In just a matter of days, the last U.S. soldiers will depart Bagram. They are leaving what probably everyone connected to the base, whether American or Afghan, considers a mixed legacy. Bagram grew into such a massive military installation that, as with few other bases in Afghanistan and even Iraq, it came to symbolize and epitomize the phrase mission creep', said Andrew Watkins, Afghanistan senior analyst for the Brussels-based International Crisis Group. U.S. Central Command said last week that it's well past 50% done packing up Bagram, and the rest is going fast. American officials have said the entire pullout of U.S. troops will most likely be completely .
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US judge junks govt antitrust lawsuits against Facebook: Report
The judge faulted the FTC for failing to detail how Facebook has monopoly power in a market the agency described as personal social networking.
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Wall Street is raising payouts to investors on stress-test success
United Airlines confirms its largest ever order for Boeing and Airbus jets
Covid-19 crisis: Sputnik V, Moderna vaccines work against Delta variant
US House clears two key Bills to boost competitiveness with China
Maldives to reopen for Indian tourists from July 15 as Covid cases decline
International cooperation answer to challenge posed by Covid: Jaishankar
Sam Altman wants to scan your eyeball in exchange for cryptocurrency
Standard Life sells 5% stake in HDFC Life Insurance in two tranches
Tuesday, June 29, 2021
Govt announces 500,000 free visas, loan guarantee scheme for travel sector
Astra vaccine response more with up to 10-month gap, third dose: Study
Covid leaves a lasting impact
Amazon employee fired by a robot: It's you vs machine's algorithm
IT, financial players most ESG compliant; Infosys tops CRISIL rankings
NCLAT declines US firm's plea against Piramal group's bid for DHFL
Aditya Birla Sun Life IPO put on hold by markets regulator Sebi
Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance
Alert soldiers thwart possible attack on a military station in Jammu
India shifts 50,000 additional troops to China border in historic move
AI: The origin story
Indices end in red despite FM's relief announcement; Titan falls over 1%
Ambani, Adani and China
The post-Covid economy
The drone challenge
The credit push
Pakistan-aimed Agni-P ballistic missile flight-tested successfully
Strong recovery likely to continue for auto ancillary companies
Bajaj Healthcare seeks compulsory licence for Covid-19 drug Baricitinib
Individuals need not obtain IEC to import for personal use: Expert
Recovery tracker: Power generation back in positive territory as curbs ease
Skoda Auto India hopes Kushaq will give it the much-needed volume push
Tax cuts for individuals, companies needed to boost demand, say economists
Monday, June 28, 2021
Dubai lures Wall Street jet-setters as events business rebounds
Dawn of roaring twenties seen as Dubai's luxury home sales soar
Iran says nuclear site images won't be given to IAEA as deal has expired
In a first, drones strike at IAF station in Jammu airport; 2 injured
Shaping India's green future
Let's step back from the NPA Scare
Centre adds over 32,000 cold chain equipment since March last year
A sharp turnaround
51% of Covid-19 vaccinations in May-June have been in rural centres
Covid-19 pandemic: India has 6-8 months to vaccinate everyone, says Arora
Focus on reforms needed to ensure sustainable growth
Traffic on national highways back to April level, shows CRISIL data
Covid-19 vaccination: Fear, myths & rumours inject vaccine hesitancy
Productivity not deterred by shift to remote work amid Covid-19: Survey
Anti-trust algorithms drive online sales
What's in store for PMC depositors
Thyrocare investors should exit given open offer discount to current price
Expect low single-digit return over 12 months: Jefferies MD M Nandurkar
M-cap of top 6 firms soars over Rs 1.11 trillion; TCS, Infosys lead gainers
Street signs: TTK Prestige rally, debt SIPs on the rise, and more
Over 90% stocks in NSE 500 universe trade above 200-day moving average
Amid tussle with govt, Twitter's interim grievance officer for India quits
Sunday, June 27, 2021
Will you be rich?
Saturday, June 26, 2021
Treasury arm of finance firms can invest in global assets through IFSC
SBI ready to meet credit growth spike, expects loan book to grow 9% in FY22
RBI sets rules for appointment of MDs, WTDs of urban cooperative banks
Rise of digital pay: 1.5 mn small businesses adopt Razorpay in 15 months
AAP, BJP spar over SC panel's report on 'inflated' oxygen need
Covid-19 vaccine can be given to the pregnant woman, says govt
Covid-19: 48 cases of Delta plus variant in India; Maharashtra tops
Serum Institute starts Covovax production; govt expects 200 mn doses by Dec
Reliance Industries: Key financial ratios fall to three-decade low in FY21
Vedantu eyes $200 mn run rate, to hit profitability by June next year
Online live tutoring platform Vedantu on Friday said it expects its revenue run rate to more than double to USD 200 million and hit profitability by June next year. Vedantu, which competes with players like Byju's, has seen month-on-month revenue growth of 50 per cent in April and May this year. Its revenue grew 4x in May 2021 over last year and its current revenue run rate is at about USD 60 million. "Currently, Vedantu is at cash flow profitability of more than 15 per cent on the unit level and is looking at achieving a USD 200 million run rate in the next 12 months with overall company profitability. The platform has a strong community of over 30 million registered users and added 22 million new users since the pandemic began," a statement said. It added that personalised access, interactive classes, and 24/7 customised content have resulted in "4X annual growth in paid subscribers to more than 200,000". Vedantu said it has witnessed majority adoption from outside the top 10 ci
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Driven by bank, metal stocks, Sensex soars 226 points to end at record high
Sebi looks to broaden IPO reach, plans to rope in payment banks
After incubation plan success, Maruti may pick stake in mobility start-ups
Ronaldo inspires every celebrity to be an 'undorser'
Will increase women delivery staff by 10% by year-end, says Zomato
Online food ordering platform Zomato on Friday said it will increase the number of women in its delivery service to 10 per cent by the end of the year as part of its workplace inclusivity initiatives. In a blog on its website, Zomato founder Deepinder Goyal said at present only about 0.5 per cent of its delivery partners are women. "Today, we are taking our first step towards increasing the participation of women delivery partners in our fleet. To begin with, we have set ourselves a goal of reaching 10 per cent participation by the end of 2021 starting with Bengaluru, Hyderabad, and Pune," he wrote. Stating that Zomato has always been "about being a more inclusive workplace", he said, "So far, our inclusive workplace initiatives haven't taken into consideration the fact that only about 0.5 per cent of our delivery partners are women." Goyal, however, said adding more women to the delivery fleet "is not as simple as just targeting more women for this job. That's because our policies
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A case of near misses
BJP wrests initiative in Puducherry
The power of compassion
Big-ticket stake: Tamil Nadu's Thiagarajan sets out to fix state finances
PharmEasy parent to acquire 66% stake in Thyrocare for ₹4,546 cr
Sebi boosts liquidity risk management for open-ended debt schemes
Sebi defers implementation of MF employee compensation norms to Oct 1
Maharashtra tightens Covid-19 restrictions on fears of third wave
Friday, June 25, 2021
Google delays Chrome's blocking of tracking cookies to late 2023
Massive raids in Pakistan after blast outside Hafiz Saeed's house
RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani
3x growth in 5 years, 1 mn jobs: Mukesh Ambani's blueprint for retail biz
Uttar Pradesh Police restrained from action against Twitter India head
RIL AGM 2021: Jio, Google to roll out 4G smartphone on September 10
RIL offers board seat to Saudi Aramco's Yasir Al-Rumayyan in global push
Committed to restoring J&K statehood, says PM Modi at all-party meet
Piaggio Vehicles reopens its two-wheeler dealerships across India
Piaggio Vehicles on Thursday announced the reopening of its two-wheeler dealerships across India, which had shut operations due to a massive increase in the coronavirus infection cases between April and mid-May across the country. The decision to reopen the dealerships comes following the announcement of the lockdown opening guidelines from authorities, Piaggio Vehicles Pvt Ltd (PVPL) said in a release. PVPL is a wholly-owned subsidiary of the Italian auto major Piaggio Group. Its India product portfolio comprises iconic Vespa, and Aprilia scooters besides small commercial vehicles. We have been working together with our dealers in navigating through the second wave of COVID-19. Also keeping in mind the possible anxiety of our customers during the lockdowns we have announced an extension of original equipment warranty and free service that expires during lockdown period, said Diego Graffi, Chairman and Managing Director, Piaggio India. The Piaggio dealerships have now geared up to
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RBI tightens dividend payout norms for NBFCs, links them to bad debt
We see rupee devaluing as exports become priority: JM Financial's Manglunia
'Toyconomy': PM Narendra Modi asks people to be vocal for local toys
India presses OPEC for affordable oil, phasing out of production cuts
Indices ride high on surge in technology stocks; Infosys rises 3.75%
Infrastructure push will prop up EPC road contractors: CRISIL SME Tracker
Covered bond issuances increase to Rs 2,200 cr in FY21: ICRA report
Domestic covered bond issuances have witnessed a sharp increase to about Rs 2,220 crore in FY2021 as against the issuances of Rs 400 crore seen in the preceding fiscal, said a report by ICRA Ratings. These bonds have been issued so far by non-banking financial corporations (NBFCs), nine in FY2021 compared to two in FY2020. "The covered bonds have seen improved acceptance in the Indian market mainly in H2 FY2021 as it provides a 'dual recourse' benefit to the investor, i.e. the repayment obligation has to be met by the entity and in case of failure to do so, by a pool of assets assigned to a trust," the rating agency said. It said that given the uncertainty on collections due to the pandemic, the protection available to an investor of a covered bond improves when compared with the conventional securitisation of the pool of assets. The domestic market for covered bonds is still in the nascent stages with the first issuance seen in FY2019. This structured product, however, has been a
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India has administered over 300 million Covid-19 vaccine doses so far
Creating 'Me Inc'
Navigating the challenges of digital citizenship
Securities market: On the cusp of change
Household balance sheet
Markets regulator Sebi plans to come out with framework for SPACs
Thursday, June 24, 2021
US accepted lifting all sanctions on oil and shipping, says Iran
Oil prices jump to more than two-year high as US supplies tighten
Delta to account for 90% new cases in Europe by end-August: Report
Indices snap three-day winning run as heavyweights stumble; L&T falls 1%
Regulator may ask asset management firms to go slow on thematic schemes
FM Nirmala Sitharaman calls for re-thinking financing for resilient infra
Finance Minister Nirmala Sitharaman on Wednesday made a case for re-thinking financing and development priorities for inclusive, sustainable and resilient infrastructure aligned with Sustainable Development Goals (SDGs). Adopted in 2015, SDGs are the world's shared plan to end extreme poverty, reduce inequality, and protect the planet by 2030. Participating in Asia Infrastructure Forum co-organised by Enterprise Singapore, Ministry of Finance of Singapore and Monetary Authority of Singapore, Sitharaman spelt out various measures taken by the government to boost infrastructure spending by the government. "FM emphasised India's policy-led approach of open, rule-based and transparent economic environment; encouragement to private investment and foreign capital; enhanced public expenditure and robust institutional structure for funding infrastructure development for #ResilentRecovery," the Finance Ministry said in a series of tweets. The Finance Minister highlighted setting up of Natio
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On the radar: Analysts expand coverage amid sharp stock market rally
Regulatory wrinkles should be ironed out to give HFCs a better deal: Parekh
Heineken buys Mallya's 15% stake to take control of United Breweries
PM Modi's all-party meet on J&K: No big expectations, say experts
Business Standard among the top 10 trusted media brands in India: Survey
Centre further eases norms for business process management firms
PNB to apprise board of PNB Housing Finance deal in Friday meet
CoC rejects DHFL's proposal for raising payout to small investors
Sticking to the straight and narrow
The limits of central banking 'toolkit'
Vodafone Idea partners with Cisco to support 4G and 5G user experience
Vaccine economics: Only pros, no cons
Setback for Facebook as Delhi HC refuses to stay CCI's privacy notice
Long haul ahead
A jab at veracity
Guenter Butschek to step down as CEO & MD on June 30: Tata Motors
Key states' vaccination numbers dipped before and after Monday surge
Wednesday, June 23, 2021
Electric vehicle makers laud Gujarat policy, terming it progressive
Various companies like Tata Motors, Mahindra and Hero Electric on Tuesday lauded the Gujarat government for bringing a new electric vehicle policy in the state. Gujarat Chief Minister Vijay Rupani unveiled the 'Gujarat Electric Vehicle Policy 2021', which, according to him, has been designed to see at least two lakh electric vehicles on the state roads in the next four years. To encourage people to turn to e-vehicles, the state government will provide subsidies ranging from Rs 20,000 to Rs 1,50,000 on the purchase of vehicles under this policy, which will remain effective for four years. It is estimated that around 1.10 lakh electric two-wheel vehicles, 70,000 three-wheelers and 20,000 four-wheelers will be used in the state in the next four years following the implementation of this policy. The state government will provide a subsidy of up to Rs 20,000 on the purchase of an electric two-wheeler, Rs 50,000 for a three-wheeler and Rs 1,50,000 on the purchase of a four-wheeler. We .
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Centrum Capital plans to raise up to Rs 500 crore in equity via QIP
Bharat Biotech's Covaxin shows over 77% efficacy in phase 3 trials
To bolster security, Britain joins Indian Ocean monitoring hub in Gurgaon
Probe Renault-Nissan plant's social distancing: Madras High Court
Covid-19 pandemic just a pause in growth story: HUL CMD Sanjiv Mehta
Just 2 players in telecom mkt will be tragic: Bharti Airtel's Sunil Mittal
Pfizer in the final stages to ink Covid-19 vaccine deal with Centre
Market erases gains to end flat amid volatility; Maruti Suzuki rises 5%
Opec+ discusses crude output hike in preparation for next meeting
Punjab CM Amarinder Singh meets Congress panel to end factionalism
Gupkar alliance leaders agree to attend PM Modi's all-party meeting
Antitrust watchdog CCI orders probe into Google in smart TVs suit
The extreme art of winning
Exports: India's window of opportunity
Kalrock-Jalan consortium starts work to fly crisis-hit Jet Airways again
Doing laundry in space: Nasa taps P&G to create detergent for astronauts
Now, Rashtra Manch to invite leaders from the Congress to next meet
Demand recovery, new launch hopes drive gains for Maruti Suzuki
CommerceIQ raises $60 million from Insight Partners, others
Tuesday, June 22, 2021
Apple becomes the latest target of German antitrust crackdown: Report
UN rights chief seeks Xinjiang visit this year, says HK trials key test
China orders Alipay, banks not to assist cryptocurrency trading
MSCI India crosses 55% premium over emerging markets peers: Report
Shares of four Adani Group companies locked in 5% upper circuit
Privatisation buzz lifts Indian Overseas Bank, Central Bank stocks by 20%
Tokyo Olympics to allow limit of 10,000 local fans in venues
The Tokyo Olympics will allow some local fans to attend when the games open in just over a month, organizing committee officials and the IOC said on Monday. Organizers set a limit of 50% of capacity up to a maximum of 10,000 fans for all Olympic venues. The decision was announced after so-called Five Party talks online with local organizers, the International Olympic Committee, the International Paralympic Committee, the Japanese government and the government of metropolitan Tokyo. The decision contradicts the country's top medical adviser, Dr. Shigeru Omi, who recommended last week that the safest way to hold the Olympics would be without fans. He had previously called it abnormal to hold the Olympics during the pandemic. The Tokyo Games are set to open on July 23. Fans from abroad were banned several months ago. Officials say local fans will be under strict rules. They will not be allowed to cheer, must wear masks, and are being told to go straight home afterward. Organizers sa
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Twitter India MD Manish Maheshwari summoned by UP police on Thursday
Hong Kong's pro-democracy newspaper Apple Daily says it may shut down
No need for nuclear arsenal once Kashmir issue is resolved: Pakistan PM
Mobility is not enough
Diesel tops Rs 100/litre in Odisha, Rajasthan on the back of global cues
Esther Duflo, Raghuram Rajan join Tamil Nadu's economic advisory council
Sharad Pawar calls opposition meeting on Tuesday, excludes Congress
Bank credit grows by 5.7% to Rs 108.43 trillion; deposits by 9.7%: RBI
Govt proposes stiff compliance measures for e-commerce companies
Tighten your seatbelts
GST: A turning point?
Counting the dead
Caution on inflation
RIL chief Mukesh Ambani says no option but to make businesses green
With growth prospects improving, more steam left in NTPC stock
Monday, June 21, 2021
Premium restaurants get hooked to the sweet taste of food delivery
Top Dalit activist on why politics of symbolism has reached expiry date
There is a silent kirana revolution happening in India: Marico MD & CEO
The unholy side of Kumbh Mela amid a deadly second wave of coronavirus
Will co-lending in new avatar fly? It may, but not in a way it was imagined
UK's Morrisons rejects $7.6 billion takeover proposal from CD&R
Kuwait's $600-billion sovereign wealth fund stuck in political slugfest
World powers meet in Vienna on nuclear deal after Iran hardliner wins
Shops, parks and timber plazas: The Olympic village welcomes world
Consumer demand may rebound strongly in Q2: Trent chairman Noel N Tata
A new structure of financial regulation
Record 1.25 million vaccinated against Covid-19 in Andhra Pradesh
Right time for India to resolve trade disputes with US
The RBI as outlier on inflation
Time to rethink your insurance options
A new era for microfinance
Investors to look at EMs once Covid's worst is behind: Andrew Holland
Moody's expects auto-loan delinquencies to rise in next three to six months
Higher flows and rich valuations push cash levels of mutual funds
Market direction hinges on corporate earnings growth, bond yields
Street signs: Price hike boost for paint stocks, Shyam Metalics IPO & more
Sunday, June 20, 2021
Concealing material fact can lead to rejection
Saturday, June 19, 2021
Ray of hope for PMC depositors as Centrum roped in for revival
Judge under US sanctions set for the presidency as Iranians vote
Chinese apps could face subpoenas or bans under Biden order: Report
Covid-19 claims 4 million lives amid rising Delta variant risk: Report
China orders Meituan billionaire to lie low after poem post sparks fury
A $1-trillion buying spree lets S&P 500 brush off bear warnings
REITs reduce borrowing costs by about 200 basis points or more in FY21
MPC chose loose policy to nurse growth, felt inflation wasn't demand-driven
SBI Cards' shares fall by 6.7% as PE giant Carlyle sells 5.1% stake
Sebi issues framework for supervisory body for investment advisors
Markets regulator Sebi on Friday came out with a framework for investment adviser administration and supervisory body. Under the investment adviser rules, Sebi may recognise any body or body corporate for the purpose of regulating investment advisers (IA) and delegate administration and supervision of the IAs on terms and conditions specified by it. Accordingly, an entity granted recognition under the the IA rules will be designated as 'Investment Adviser Administration and Supervisory Body (IAASB)' and will be entrusted with the administration and supervision of IAs. In this regard, BSE Administration & Supervision Limited (BASL), a wholly owned subsidiary of BSE Limited, has been granted recognition as IAASB for a period of three years from June 1, 2021. With regard to responsibilities of IAASB, Sebi said the body is required to supervise IAs, including both onsite and offsite, redress grievance of clients and IAs, take administrative action including issuing warning and ...
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Reading down UAPA may have pan-India ramifications: Supreme Court
Eyes on the world: Veteran lensman Raghu Rai talks about the digital age
UEFA reminds teams of sponsorship obligations after Cristiano Ronaldo case
The Cold War space odyssey
RBI has given us 120 days to operationalise SFB: Centrum's Jaspal Bindra
Metal stocks could correct soon but remain a medium-term buying opportunity
Paytm First Games secures $30-mn loan from One97 Communications, others
NDA's Bermuda Triangle
Invisible connections
Who will blink first?
Govt ready to talk to farmers but not on repeal of laws, says Tomar
Union Agriculture Minister Narendra Singh Tomar on Friday said the government was ready to talk to the agitating farmers "even if they come at midnight", but not about their demand to repeal the three new laws which are the bone of contention. Thousands of farmers are camping on Delhi's borders since last November, seeking withdrawal of the new agriculture laws. The government is always ready to talk to any farmers' union, I will welcome them even if they come at midnight," the Union minister told reporters here. The government is ready for talks anytime but not on the repeal of the laws," he said. To a question about vaccination against COVID-19, Tomar said vaccines would be available in enough quantity in August. On Congress leader Digvijaya Singh's reported statement that his party would reconsider the abrogation of provisions of Article 370 if it came to power, Tomar said the entire country is against the restoration of Article 370. "Digvijaya Singh's statement would make t
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Vaccination cuts chances of hospitalisation by 75-80%, says Centre
RBI will stick to pushing economic growth at this stage: Deputy guv MK Jain
Friday, June 18, 2021
Meet LJP leader Pashupati Kumar Paras, who led coup against Chirag Paswan
With low water requirement, two rice varieties find fresh takers in Punjab
For Kia, the name is the game in India's hyper-competitive auto market
Third wave of Covid-19 won't pose greater risk to children: Study
Sensex extends losses as Federal Reserve's taper talk trips world markets
Financial institutions, airlines briefly hit by internet outages
Microfinance loan book grows 10% sequentially to Rs 2.53 trillion in Q4
US House votes to scrap 2002 resolution that authorised Iraq war
Andhra Pradesh High Court quashes state's 6.4-Gw solar project tender
Hong Kong arrests newspaper editors for 'foreign conspiracy': Report
Covid-19 pandemic: Consumers unwilling to visit malls, says survey
Economy likely shrunk 12% in June quarter amid Covid-19 crisis: UBS
How the GDP magic failed
The search for news media
India's pledge of good behaviour
Indians' funds in Swiss banks rise to over Rs 20k cr: Swiss central bank
PE major Carlyle to sell 5.1% stake in SBI Cards on Friday
Some bright spots
Reserve Bank of India focuses on the 10-year bonds in G-SAP again
Rafael Nadal pulls out of Wimbledon, Tokyo Olympics to prolong career
Television advertising resilient in May, volumes rise 64% YoY: BARC data
Exploring windows to enhance shareholder value: Thyrocare Technologies
Thursday, June 17, 2021
Vacationers head to the hills to de-stress as states start unlock process
Indian nonprofits focusing on Covid aid receive grant from MacKenzie Scott
Govt okays proposal to roll out project to explore deep ocean for resources
Exports jump 46% to $14 billion so far in June on shipment growth
I-T portal glitches: FinMin invites stakeholders' representations
HDFC Bank draws up groundwork to regain credit card market share
MCA removes restrictions on board meetings via video conferencing
RBI 'cautiously optimistic' about economic recovery after Covid second wave
PNB scam: CBI files supplementary chargesheet against Gitanjali ex-official
US Fed holds rates at zero, projects two hikes by the end of 2023
India & China: Gap analysis
Long wait for the next flight to Dominica
Opportunities galore in the east
Sensex and Nifty fall from record highs, investors eye US Fed meet
Benchmark indices Sensex and Nifty retreated from record high levels on Wednesday following intense selling in Reliance and HDFC twins as investors turned cautious ahead of the outcome of the US Federal Reserve's policy meeting. The 30-share BSE index ended 271.07 points or 0.51 per cent lower at 52,501.98. It had closed at an all-time high of 52,773.05 on Tuesday. The broader NSE Nifty retreated from a record and declined 101.70 points or 0.64 per cent to 15,767.55. PowerGrid was the top laggard in the Sensex pack, shedding around 2 per cent, followed by IndusInd Bank, Reliance, L&T, UltraTech Cement and Bajaj Finance. On the other hand, Nestle, NTPC, ONGC, Bajaj Finserv Hindustan Unilever and Infosys were among the gainers. Investors kept an eye on the two-day US Federal Reserve meeting, which is set to conclude on Wednesday. Lack of fresh trigger from overseas markets also weighed on the local stocks as Asian markets closed mixed. Bourses in Shanghai, Hong Kong and Tokyo ended
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As mandatory gold hallmarking kicks in, manufacturers push for exemption
Must repair economy & health infrastructure, says PM Narendra Modi
Applyboard to leverage $300-mn funding to expand India operations
Covid-19 calls for a new agriculture
Almost 92% casual workers didn't get wages during lockdown: SWAN survey
Market cautious on HFCs; concerns over growth, asset quality weigh
Thomas Cook, SOTC launch 'travel first, pay later' scheme
Wednesday, June 16, 2021
Vedanta arm is paying almost nothing for Videocon group, says NCLT
Covid-19 vaccine Covaxin at Rs 150 not sustainable: Bharat Biotech
Retail sales fall 79% in May, unlock to bring relief: RAI survey
Churn in Bihar politics as Chirag Paswan removed as LJP national president
Jubilant FoodWorks consolidated net profit jumps three-fold in Q4
Reliance Jio and Bharti Airtel kick off 5G network trials in India
Exports zoom 69% to $32.27 bn in May; trade deficit rises to $6.3 bn
RBI will have to look through high inflation for growth, say economists
Barred or not? Adani investors fret over three Mauritius-based funds
Sensex, Nifty trade at fresh highs amid gains in banking stocks
NSDL statement prevents a $500-million sell-off in Adani group stocks
Covid-19 infections in age groups same in second wave as first: Govt
Gold holds near 4-week low with focus on key Federal Reserve meeting
Interest margins of banks at 12-yr high; cost of funds fell 50 bps in FY21
Working in wonderland
OVL-led consortium asks Iran for 30% share in Farzad B discovery
Europe's fund managers get a green makeover
Dangers of a wrong diagnosis
How celebrity brand value can get checkmated in online chess game
Tuesday, June 15, 2021
Sebi tweaks delisting rules to make process transparent, efficient
Limited coverage: Few analysts track Adani group companies, shows data
Procedural delay likely to hit Shipping Corporation privatisation process
Adani stocks among most expensive on bourses: Check details here
Tata Capital expects over 10% growth in credit this financial year
Four foreign funds in limelight for skewed investment in Adani group firms
Early signs of recovery in rural India
Churn in Bihar politics as five MPs remove LJP leader Chirag Paswan
Crisis in Punjab Congress: Mallikarjun Kharge panel stumped for now
Insurers receive 790,136 Covid-related claims in two months, shows data
Inflation tax masquerading as dividend income
Recruitment for Covaxin trial in 6-12 age group to start from June 15
The recruitment for the clinical trial of the country's first indigenously-developed COVID-19 vaccine, Covaxin, among children in the age group of 6-12 years will begin at the AIIMS here from Tuesday. This will be followed by the clinical trial of children in the age-group of 2-6 years. The enrolment of children volunteers aged 12-18 years at the All India Institute of Medical Sciences (AIIMS) has been completed and they have been given the first dose of Covaxin. "The recruitment process for the clinical trial of Covaxin among children in the age group of 6-12 years will begin from Tuesday," Dr Sanjay Rai, Professor at the Centre for Community Medicine at the AIIMS, told PTI. The Drugs Controller General of India (DCGI) had granted permission for conducting the phase 2/3 clinical trial of Bharat Biotech's Covaxin among children aged two to 18 years on May 12. The trial is to be conducted in three parts -- 175 volunteers each in the groups aged 12-18, 6-12 and 2-6 years. In the tr
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BJP: As safe as a big bank
Retail inflation jumps to 6-month high of 6.3% on higher food, fuel prices
InMobi's Glance enters influencer-led shopping with Shop101 acquisition
NRN Murthy's Cloudtail gets tax notice of Rs 54.5 crore, says report
Application window for PLI scheme for white goods opens from Tuesday
The application window for the PLI scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the commerce ministry said on Monday. Commerce and Industry Minister Piyush Goyal on Monday held interaction with the industry on the Production Linked Incentive (PLI) scheme on white goods. "The interaction was held to take the feedback on the scheme, the application window for which will be open for three months from tomorrow," it said in a statement. Addressing the captains of the industry, Goyal said the scheme has been introduced to produce national manufacturing champions and it will bring cost-competitiveness, quality, efficiency and technology. The minister said that through PLI, India will leverage its competitive and comparative advantage to stake its claim in global supply chains. Goyal said that the selection of the companies eligible under the scheme will be done in a transparent and time-bound manner. PLI scheme for white goods was notified on April
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I-T Dept allows manual filing of tax forms for foreign remittance
Sebi imposes Rs 15 cr penalty on FT MF chief executive, fund managers
Amara Raja carves out new biz unit, re-fashions as energy and mobility firm
Monday, June 14, 2021
Edelweiss Financial plans to slash wholesale book by half to Rs 5,900 crore
Delhi govt allows 100% retail activity from Monday: Check details here
America is back at the table, says Joe Biden as G7 summit concludes
No cyber breach into National Informatics Centre email system, says govt
Govt invites tender for delivery of Covid jabs by drones to far flung areas
The real oximeter
How might lab-leak hypothesis matter?
Order in space
Two private hospitals in Delhi to give Sputnik V jabs by end of this week
Apollo Hospitals and Madhukar Rainbow Children's Hospital in Delhi will start administering Russian COVID-19 vaccine Sputnik V to people by the end of this week, officials said on Sunday. The Centre has fixed the price of the vaccine at Rs 1,145 per dose. "Apollo Hospitals are going to roll out the vaccine for the general public in Delhi by the end of the week," an official told PTI. An official of Madhukar Rainbow Children's Hospital also said it will start administering Sputnik V jabs within this week. After Covishield and Covaxin, Sputnik V is the third vaccine to be approved by the government for use in India. The maximum price of Covishield for private COVID-19 Vaccination Centres (CVCs) has been fixed at Rs 780 per dose, while that of Covaxin is Rs 1,410 per dose. Dr Reddy's Laboratories, the marketing partner for the vaccine in the country, has been importing the shots from Russia. Over a period of time, the vaccine is also going to be manufactured in India.
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After the GST cut
Indians need to improve both soft and technical skills, shows data
Covid-19 pandemic in Haridwar: Tell-tale signs of Kumbh as super spreader
Ministry of Defence allocates Rs 500 cr for designing innovative products
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