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Wednesday, September 30, 2020

Chemcon Speciality makes strong debut, lists at 115% premium to issue price

The Rs 318 crore IPO had received robust response from the investors and was over-subscribed by 47 times

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Google's Nest Audio smart speaker coming to India soon: What's new and more

The Nest Audio smart speaker will soon be available exclusively on Flipkart, and on select retail stores

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Inox Leisure, PVR surge up to 17% on reopening of cinemas from October 15

The central government has permitted reopening of cinemas from October 15 with up to 50 per cent of seating capacity outside containment zones adhering to the Standard Operating Procedure

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Short-cut to save lives: How pharma is changing to develop Covid-19 vaccine

Making medicines is expensive, and it can take a very long time to get from the discovery of a drug to actually treating patients

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What makes 'Namaste' the perfect greeting in the times of Covid-19 pandemic

As people the world over are choosing to ditch the handshakes and hugs for fear of contracting the coronavirus, namaste is becoming the perfect pandemic greeting

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Stocks to watch: RIL, CAMS, Chemcon Speciality, Dhanlaxmi Bank, auto stocks

Here's a list of stocks that may trade actively in today's session.

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MARKET LIVE: SGX Nifty up over 100 pts; CAMS, Chemcon to list today

Chemcon Speciality Chemicals and CAMS to list at the bourses today. Catch all the live market updates here

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MARKET LIVE: SGX Nifty up over 100 pts; CAMS, Chemcon to list today

Chemcon Speciality Chemicals and CAMS to list at the bourses today. Catch all the live market updates here

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Recovery patchy; stimulus at appropriate time: FM Nirmala Sitharaman

FM Sitharaman said the government has turned the crisis into an opportunity as directed by the prime minister and has brought in several systemic reforms

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We are converting crisis into opportunity, says FM Nirmala Sitharaman

People have every right to think whether fiscal support was adequate or whether it wasn't. As regards any further help or stimulus, I've kept my options open, said FM Sitharaman

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Tariffs still very low, pricing revival critical for telecom sector: Birla

Telecom tariffs are "still very low" and pricing revival is critical for the long-term growth of the sector, Vodafone Idea Chairman Kumar Mangalam Birla said on Wednesday.

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From low prices to weak competition, how Titan hit gold during pandemic

India's gold demand has been slammed this year by lockdowns imposed from March end to control the coronavirus outbreak

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Computer model explains altered decision making in schizophrenia

Scientists have built a computer 'brain circuit', or artificial neural network, that mirrors human decision-making processes and sheds light on how circuits might be altered in psychiatric diseases.

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Prototype graft, designed to replace damaged heart vessels, shows promise in cell study

Researchers reported promising preclinical findings for a prototype of a vascular graft designed as a replacement for a damaged or blocked coronary artery, which supplies blood to the heart.

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Brain circuitry shaped by competition for space as well as genetics

Complex brain circuits in rodents can organize themselves with genetics playing only a secondary role, according to a new computer modelling study.

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A revised map of where working memory resides in the brain

Findings from genetically diverse mice challenge long-held assumptions about how the brain is able to briefly hold onto important information.

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Why disordered light-harvesting systems produce ordered outcomes

Scientists typically prefer to work with ordered systems. However, a diverse team of physicists and biophysicists found that individual light-harvesting nanotubes with disordered molecular structures still transport light energy in the same way. By combining spectroscopy, molecular dynamics simulations and theoretical physics, they discovered how disorder at the molecular level is effectively averaged out at the microscopic scale.

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Brain circuitry shaped by competition for space as well as genetics

Complex brain circuits in rodents can organize themselves with genetics playing only a secondary role, according to a new computer modelling study.

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Coronavirus LIVE updates: India cases at 6,310,267; global tally tops 34 mn

Coronavirus update: Maharashtra has 1,384,446 coronavirus cases, Andhra Pradesh 690,000, Tamil Nadu 591,943, Karnataka 592,911, and UP 399,082. Stay tuned for coronavirus India LIVE update

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Latest news LIVE: Javadekar says 5 states to meet today over air pollution

Today's meeting will be attended by environment ministers and environment secretaries of 5 states and UTs -- Delhi, Punjab Haryana, Uttar Pradesh and Rajasthan. Stay tuned for Latest LIVE news

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After LVB, Dhanlaxmi Bank shareholders oust chief executive Sunil Gurbaxani

While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.

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Unlock 5.0: Govt allows most activities; cinemas to reopen on October 15

The MHA said states and Union Territories had been given the flexibility to take a decision on the reopening of schools and coaching institutions in a graded manner after October 15

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Google unveils latest cheaper Pixel phone, rolls out new TV service

Google will try to make a bigger splash in the smartphone market with a cheaper high-end model while it also aims to expand its presence on bigger screens with a new TV service

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Tuesday, September 29, 2020

'Will you shut up, man': Biden to Trump in first US Presidential debate

President Donald Trump and Democratic challenger Joe Biden began the first presidential debate with heated exchanges over health care, the coronavirus and the future of the Supreme Court. Fitting for an edge in their bitter campaign, the two men ...

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First batch of Apple iPhone 12 to reach distributors on October 5: Report

Apple is expected to launch its new iPhone 12 series in South Korea earlier than its usual schedule

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Google Meet to continue unlimited calls in free plan till March 2021

Google is now extending that policy and free Meet users can host longer calls through March 2021

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Google may launch Pixel phones, Nest speaker, Chromecast tonight: Know more

Named 'Launch Night In', the Google event will start at 11:30 pm (IST) and it will livestream on YouTube and an event's homepage

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VA Tech Wabag soars 7% on allotment of 5 mn shares to Rekha Jhunjhunwala

The board also allotted 1.5 million shares to Basera Home Finance, and 1 million shares to Sushma Anand Jain and Anand Jaikumar Jain on preferential basis

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Babri demolition verdict today: All you need to know about the case

Majority of the accused leaders in the demolition case have already pleaded innocence and blamed the then Congress government for falsely implicating them

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Welspun Corp hits 5% upper circuit on receiving orders worth Rs 1,400 crore

With these orders, the company's order book stands at 755 KMT valued at approximately Rs 6,300 crore, the company said.

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Babri Masjid verdict LIVE: Advani, Joshi to be present in court virtually

The 1992 Babri Masjid demolition had cost around 3,000 lives and changed the country's political landscape. Stay tuned for Babri Masjid demolition verdict LIVE updates

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RIL gains 1% as General Atlantic to invest Rs 3,675 cr in Reliance Retail

General Atlantic's investment will translate into a 0.84 per cent equity stake in RRVL. The deal values Reliance Retail at a pre-money equity value of Rs 4.285 trillion

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Facebook simplifies cross-posting across its apps, unifies payment

Facebook said the portal centralises payment, contact and login information across its family of apps

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China wanted its tech R&D hub to become global leader. Then came trade war

Huawei's vaulting ambition to be at the forefront of future-defining technologies has landed the company in the crosshairs of the U.S. and other governments

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Stocks to watch: RIL, LVB, Indiabulls Housing Finance, PVR Ltd, IT stocks

Here's a list of stocks that may trade actively in today's session.

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General Atlantic to invest Rs 3,675 cr in Reliance Retail for 0.84% stake

This is the second such investment by General Atlantic in a Reliance venture following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year

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Nifty has strong resistance between 11,300 and 11,400: HDFC Securities

There is a lot of uncertainty and clear trend is not visible on the charts

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Weekly stock recommendations by Religare Broking: Buy Sun Pharma, TVS Motor

The auto pack has been showing tremendous resilience on every dip and TVS Motor is keeping with the trend. It has rebounded sharply after a dip last week and again trading closer to the yearly high

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General Atlantic to invest Rs 3,675 cr in Reliance Retail for 0.84% stake

This is the second such investment by General Atlantic in a Reliance venture following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year

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WTO backs EU tariffs on $4 billion US goods over Boeing subsidies:Report

The two sides have been locked in a 16-year-old dispute at the Geneva-based WTO over aid to their aircraft industries in a pair of cases that together represent the world's largest corporate dispute

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Remembering Subir Gokarn: The big-frame economist who loved the little things

While his ability to connect the dots is well-known, CRISIL Chief Economist Dharmakirti Joshi recounts Gokarn's love for food and travel, besides other lesser known facets of the man

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While his ability to connect the dots is well-known, CRISIL Chief Economist Dharmakirti Joshi recounts Gokarn's love for food and travel, besides other lesser known facets of the man

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MARKET LIVE: SGX Nifty indicates a flat start for indices; RIL in focus

Bharti Airtel to hold press conference later today. Catch all the live market updates here.

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Coronavirus LIVE: India cases at 6,223,519; death toll nears 100,000

Coronavirus update: Maharashtra has 1,366,129 coronavirus cases, Andhra Pradesh 687,000, Tamil Nadu 591,943, Karnataka 576,000, and UP 387,000. Stay tuned for coronavirus India LIVE update

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LIVE US Prez debate: Trump made us weaker, sicker, divided, says Biden

US Republican President Donald Trump and Democratic rival Joe Biden are clashing over US Supreme Court nominee, health care and coronavirus. Stay tuned for Latest LIVE news

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Google to force apps to pay 30% Play Store tax; gives one year to comply

The tech giant plans to start enforcing this rule for apps that meet this criteria but are not implementing it

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Monday, September 28, 2020

Mazagon Dock Shipbuilders IPO opens today, gets thumbs up from brokerages

The company is primarily engaged in constructing and repairing warships and submarines for MoD and other types of vessels for commercial clients

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Stock tips by Nilesh Jain of Anand Rathi: Buy Radico Khaitan, Shoppers Stop

The stock of Radico Khaitan has found the support of its rising trend line and has also formed a reversal candle on the daily chart

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MARKET LIVE: SGX Nifty flat; UTI MF, Mazagon Dock IPOs open today

Catch all the live updates on the markets, Mazagon Dock, UTI MF, and Likhita Infra IPO here

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MARKET LIVE: SGX Nifty flat; UTI MF, Mazagon Dock IPOs open today

Catch all the live updates on the markets, Mazagon Dock, UTI MF, and Likhita Infra IPO here

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Govt failure to appoint MPC members injects more uncertainty in the economy

The Reserve Bank of India deferred its three-day interest-rate meeting due to start Tuesday, without giving any reasons or a new date for its policy decision

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Sebi eases norms for REITs, InvITs to raise fund in institutional placement

The units allotted on a preferential basis using the pricing method set out by the regulator shall be locked-in for a period of three years, as per the circulars.

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Early introduction of gluten may prevent celiac disease in children, study finds

Introducing high doses of gluten from four months of age into infants' diets could prevent them from developing celiac disease, a study has found, though researchers say further studies are needed before being applied in practice.

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COVID-19 may deplete testosterone, helping to explain male patients' poorer prognosis

A study of patients hospitalized due to COVID-19 suggests that the disease might deteriorate men's testosterone levels. The study found that as men's testosterone level at baseline decreases, the probability for them to be in the intensive care unit (ICU) significantly increases.

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COVID-19: Social distancing is more effective than travel bans, study finds

Travel bans will delay the peak of infection with days, while social distancing has a much stronger impact, amounting in up to 4 weeks delay, scientists report.

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COVID-19: Saliva tests could detect silent carriers

Testing self-collected saliva samples could offer an easy and effective mass testing approach for detecting asymptomatic COVID-19.

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One in three parents plan to skip flu shots for their kids during COVID-19 pandemic, poll finds

According to a new U.S. poll, COVID-19 may not influence parents' beliefs about the flu vaccine, with just one third believing it's more important for children to get vaccinated this year, while one in three parents don't plan to vaccinate children against the flu.

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Study reveals design flaws of chatbot-based symptom-checker apps

Millions of people turn to their mobile devices when seeking medical advice. They're able to share their symptoms and receive potential diagnoses through chatbot-based symptom-checker (CSC) apps. But how do these apps compare to a trip to the doctor's office? Not well, according to a new study.

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PM to inaugurate 6 mega projects in Uttarakhand under Namami Gange today

Prime Minister Narendra Modi will inaugurate six mega projects in Uttarakhand under the Namami Gange Mission through video conference

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Coronavirus LIVE: With 6,143,019 Covid-19 cases, India narrows gap with US

Coronavirus update: Maharashtra has 1,351,153 coronavirus cases, Andhra Pradesh 681,161, Tamil Nadu 586,397, Karnataka 576,000, and UP 387,000. Stay tuned for coronavirus India LIVE update

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LIVE update: PM Modi to inaugurate 8 sewage treatment plants in Uttarakhand

Out of the eight STPs, built at a cost of over Rs 500 crore, four are in Haridwar, two in Rishikesh and one each in Muni-ki-Reti and Badrinath. Stay tuned for Latest LIVE news

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SBI to waive processing fee on YONO loans, offers 10 bps off on home loans

The country's largest lender is offering the lowest interest rate starting from 7.5 per cent to customers opting for car loans

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How the brain balances emotion and reason

Navigating through life requires balancing emotion and reason, a feat accomplished by the brain region 'area 32' of the anterior cingulate cortex. The area maintains emotional equilibrium by relaying information between cognitive and emotional brain regions, according to new research.

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Study links rising stress, depression in U.S. to pandemic-related losses, media consumption

Experiencing multiple stressors triggered by the COVID-19 pandemic -- such as unemployment -- and COVID-19-related media consumption are directly linked to rising acute stress and depressive symptoms across the United States, according to a new study.

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Odisha power consumption reaches pre-coronavirus 19 levels: Naveen Patnaik

Odisha Chief Minister Naveen Patnaik said that the electricity consumption has reached pre-COVID levels in the state which indicates that industrial and other business activities are picking up

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Microsoft to release update allowing iPhone users to play Xbox games soon

Microsoft is about to release a new update to the Xbox App on iOS which will let the users stream and play Xbox One games on the iPhone

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Heating in vaping device as cause for lung injury, study shows

Early results of an experimental vaping study have shown significant lung injury from e-cigarette devices with nickel-chromium alloy heating elements.

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Pandemic sets off future wave of worsening mental health issues

Long after a COVID-19 vaccination is developed and years after the coronavirus death toll is tallied, the impact on mental health will linger, continuing to inflict damage if not addressed, according to new research.

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Strong activation of anti-bacterial T cells linked to severe COVID-19

A type of anti-bacterial T cells, so-called MAIT cells, are strongly activated in people with moderate to severe COVID-19 disease, according to a new study.

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ITI will be able to produce 4G, 5G equipment in a few months: Tech Mahindra

IT company Tech Mahindra is in advance stage of sharing technology with ITI Limited and said the state-run electronics manufacturing entity will be ready to make 4G and 5G equipment in a few months

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Sunday, September 27, 2020

Realme Narzo 20 goes on sale today at 12 noon: Know price, specifications

The Narzo 20 comes in 4GB + 64GB and 4GB + 128GB configurations, priced at Rs 10,499 and Rs 11,499, respectively

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DATA STORY: India has seen 1,000+ fatalities for 27 straight days, 30,254 deaths in this period

India now accounts for 12.56% of all active cases globally (one in every 8 active cases), and 9.53% of all deaths (one in every 10)

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Escorts hits new high as Co starts commercial production of Kubota tractors

In the JV, Escorts Kubota India Pvt Ltd, Kubota Corporation has 60 per cent ownership while the rest 40 per cent is with Escorts.

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Loan moratorium: SC adjourns hearing to Oct 5 as govt seeks more time

The apex court had earlier adjourned the hearing on September 10 directing that all decisions taken by the RBI, the Government of India, or the banks be placed before it for consideration

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Local preference move unlikely to give push to solar gear makers

For any procurement by the Central government agencies and nodal departments, the preference would be given to local products for which there is sufficient local capacity

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Surya Roshni shares rally 10% on order wins worth Rs 273 crore

The company has obtained orders aggregating to Rs 272.86 crore (excluding GST) for the supply of coated API line pipes to GAIL and Indradhanush Gas Grid for North-East gas grid pipe line projects

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PVR, Inox Leisure gain as cinema halls to reopen in West Bengal from Oct 1

Cinema halls have remained shut since the nationwide coronavirus lockdown began in late March.

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LVB slips 6% as shareholders vote against reappointment of top brass

The Reserve Bank of India approved a Committee of Directors, comprising of three independent directors, who would run the day-to-day affairs of the lender.

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Indoco Remedies rallies 9% after launching Covid treatment drug

Fevindo-400 will be made available at all government approved COVID care centres and selected medical practitioners across the country

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Bond traders in India brace for likely borrowing hike to Rs 6 trillion

The additional borrowing could take full-year issuance to a new high of 13 trillion rupees from the current 12 trillion rupees target, according to Bloomberg calculations

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Stocks to watch: Lakshmi Vilas Bk, RIL, JSW Energy, Voda Idea, Surya Roshni

Here's a list of stocks that may trade actively in today's session.

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Vulture investor feasts on cryptocurrency whales seeking quick exits

Estes, 52, runs Off The Chain Capital LLC, a nearly $40 million fund that specializes in buying digital assets from people strapped for cash due to divorce, loss of income or unforeseen circumstances

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Vodafone case has cost India a lot. It is time to accept defeat and move on

It cost us more in prestige than we could hope to win and this award ends a decade-old saga that tarnished India's reputation among foreign investors

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SAD-NDA split unlikely to trigger wild moves in market; eye on US elections

There may be some mild tremors in the stock market due to the exit of the SAD. However, most of the political risks in the global markets now centre on the US

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Vodafone case has cost India a lot. It is time to accept defeat and move on

While much of the blame for this mess belongs to the previous Congress Party-led coalition, Team Modi had six years to end the dispute

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MARKET LIVE: SGX Nifty up 80 pts; SC to resume hearing on loan moratorium

Catch all the live market updates here

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Relief for TikTok: US judge blocks Trump administration's app store ban

US District Judge Carl Nichols said in a brief order he was issuing a preliminary injunction to prevent the TikTok app store ban from taking effect

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Coronavirus LIVE: India cases at 6,073,348; global death toll crosses 1 mn

Coronavirus update: Maharashtra has 1,339,232 coronavirus cases, Andhra Pradesh 675,674, Tamil Nadu 580,000, Karnataka 576,000, and UP 387,000. Stay tuned for coronavirus India LIVE update

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Latest news LIVE: Karnataka bandh by farmers today against state Bills

The dawn-to-dusk bandh call has been supported by several pro-Kannada and other outfits besides the Opposition Congress and the JD(S). Stay tuned for Latest LIVE news

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Donald Trump paid $750 in federal income taxes in 2016, 2017: Report

Speaking at a news conference at the White House, Trump dismissed the report as fake news and said he has paid taxes, though he gave no specifics

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Committed to raise health expenditure to 2.5% of GDP: Harsh Vardhan

Harsh Vardhan reiterated the the Narendra Modi government's commitment to increase the expenditure on public health to 2.5 per cent of India's gross domestic product (GDP) by 2025.

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Committed to raise health expenditure to 2.5% of GDP: Harsh Vardhan

Harsh Vardhan reiterated the the Narendra Modi government's commitment to increase the expenditure on public health to 2.5 per cent of India's gross domestic product (GDP) by 2025.

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Vi starts upgrading 3G subscribers to 4G; to continue 2G voice services

This will allow it to offer faster 4G data speeds to its 3G users

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Indian Army ready to face China, - 40 degree Celsius in Eastern Ladakh

Along with the enemy across the border, the Indian Army is also working on war footing to fight the extremely harsh winters by building new shelters and prefabricated structures for the soldiers

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FinMin to provide capital support from Rs 20k cr fund to some PSBs in Q3

The fund infusion would be for meeting regulatory capital requirements if the need arises in October-December quarter, sources said

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NTPC synchronises one more unit of 3,300 MW power plant in Bihar with grid

The power producer has been setting up five units with 660 MW capacity each, spread across 3,200 acres of land at Barh in Patna district

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Covid-19 impact: IKEA to adopt omni-channel approach for expansion in India

With the changing consumer behaviour due to the health crisis, online business will play a "very important role" for IKEA, which plans to expand in India with an omni-channel approach

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DATA STORY: India's Covid tally close to 6 mn; active cases at lowest since Sep 11

With a daily increase of 88,600 in total cases, India's tally of coronavirus cases has risen from 5,903,932 on Saturday to 5,992,532 - an increase of 1.5%

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Bank employees union seeks RBI intervention in Dhanlaxmi Bank affairs

The bank reported highest profit in nine decades in FY20 at Rs 65 crore

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Lakshmi Vilas Bank shareholders vote against reappointment of top brass

Shareholders said that they were unhappy with the way the bank is managed and the deterioration in its finances

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Power plants, consumers agree to substitute imported coal with CIL

The development assumes significance in the wake of government''s thrust on reducing coal import dependency of the country under the ''Aatmanirbhar Bharat'' initiative

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Farmers playing big role in building Atmanirbhar Bharat: PM in Mann ki Baat

The latest episode comes after the country completed six months since Covid-19 lockdown was announced on March 25, 2020

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Saturday, September 26, 2020

Centre offers processed moong, urad to states at subsidised rate for retail

Moong will be offered at Rs 92 per kg and urad at Rs 84-96 per kg, much lower than prevailing retail market prices, she said

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Container cargo handling at major ports drops about 25% in April-Aug: IPA

In terms of tonnage, the container cargo declined 22.45 per cent to 49.26 million tonnes (MT) during the period

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Sun Pharma bullish on specialty biz, looks to expand to new geographies

Sun Pharmaceutical Industries Managing Director Dilip Shanghvi said the company''s strategy of developing the specialty business as an additional growth engine has started delivering results

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Container cargo handling at major ports drops about 25% in April-Aug: IPA

In terms of tonnage, the container cargo declined 22.45 per cent to 49.26 million tonnes (MT) during the period

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Govt looking to implement all 4 labour codes in one go by Dec: Gangwar

Draft rules of the three codes on industrial relations, social security, and occupational safety, health and working conditions are likely to be circulated by the first week of November for feedback

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Govt looks to implement all 4 labour codes in one go by December: Gangwar

Draft rules of the three codes on industrial relations, social security, and occupational safety, health and working conditions are likely to be circulated by the first week of November for feedback

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Former defence minister, founding member of BJP, Jaswant Singh dies at 82

One of the founding members of the BJP, he had held the portfolios of defence, external affairs and finance at various stages in the Atal Bihari Vajpayee government between 1998-2004

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Mann Ki Baat at 11 am today: 69th episode of PM Modi's radio show

The latest episode comes a day after the PM's pre-recorded video address to the UN General Assembly

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Japan is paying firms to make things at home. But China's pull is strong

The pandemic - and Beijing's increasingly combative behavior during it - has driven home the risks of overreliance on China for the production of a broad range of goods

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Beijing is erasing 'un-Chinese' mosques, precious shrines in Xinjiang

The Chinese authorities have in recent years closed and demolished many of the major shrines, mosques and other holy sites across Xinjiang that have long preserved the culture and Islamic beliefs

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Antibodies from recovered cases, antivirals may be bridge to Covid vaccine

Antibody-based medications, other blood products from recovered patients and antivirals are being investigated as early treatments, Fauci said

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Donald Trump picks conservative Amy Coney Barrett for Supreme Court Justice

Trump hailed Barrett as "a woman of remarkable intellect and character," saying he had studied her record closely before making the pick

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Refrain from surpassing CM: Mamata to West Bengal Governor Dhankhar

In a nine-page long letter, Banerjee said that the governor's 'aspersions sadly consist of uncorroborated judgements and insinuations' against the police and the state government.

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Economist Isher Judge Ahluwalia passes away after battle with brain cancer

She is survived by her husband, former Planning Commission deputy chairperson Montek Singh Ahluwalia, and two sons

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DATA STORY: India's active cases again see net reduction, recovery rate goes past 82%

With 93420 new daily recoveries, India's recovery rate has improved to 82.14%; the fatality rate has come down to 1.58%

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Jio's post-paid plans indicate shift towards higher ARPU regime: Ind-Ra

Reliance Jio recently-announced post-paid plans indicate the telco's continued steps towards improving the industry-level average revenue per user, according to India Ratings and Research

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Jio's post-paid plans indicate shift towards higher ARPU regime: Ind-Ra

Reliance Jio recently-announced post-paid plans indicate the telco's continued steps towards improving the industry-level average revenue per user, according to India Ratings and Research

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My lifestyle 'disciplined, not lavish': Anil Ambani tells London court

Three state-controlled Chinese banks have pursued Ambani for more than $700 million in a London court

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Donald Trump likely to pick Amy Coney Barrett for Supreme Court justice

Amy Coney Barret, a famous social conservative, is likely to be picked by US President Donald Trump as the new Supreme Court justice

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Friday, September 25, 2020

Apple waives App Store fee for Facebook online events till December 31

Apple has temporarily waived its customary 30 per cent App Store fee on in-app purchases for paid online events by small businesses on Facebook

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Trai drops probe against Voda Idea on priority plan as telco tweaks offer

Telecom regulator Trai has decided to drop proceedings against Vodafone Idea Ltd (VIL) in priority plan matter after the telco withdrew contentious claims on faster speed and modified its offering

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Trai drops probe against Voda Idea on priority plan as telco tweaks offer

Telecom regulator Trai has decided to drop proceedings against Vodafone Idea Ltd (VIL) in priority plan matter after the telco withdrew contentious claims on faster speed and modified its offering

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Apple's smallest iPhone with 5.4 inch display may be called iPhone 12 Mini

Apple is expected to launch four new iPhones next month and a new report has claimed that one model with a 5.4-inch display may be called the iPhone 12 Mini

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ADB approves Rs 2,200 crore loan to develop Rajasthan's secondary towns

The Asian Development Bank has approved a 300 million dollar loan to finance inclusive water supply and sanitation infrastructure and services in secondary towns of Rajasthan

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Some 3,500 US companies sue over Donald Trump-imposed Chinese tariffs

The legal challenges from a wide variety of companies argue the Trump administration failed to impose tariffs within a required 12-month period

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Apple's smallest iPhone with 5.4 inch display may be called iPhone 12 Mini

Apple is expected to launch four new iPhones next month and a new report has claimed that one model with a 5.4-inch display may be called the iPhone 12 Mini

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Before coronavirus vaccine comes, global death toll may hit 2 mn: WHO

The World Health Organization (WHO) warned that the global coronavirus death toll could hit two million before an effective vaccine is widely used

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US elections 2020: If Joe Biden wins, it is probably bad news for Putin

US politics have become so polarized that there's little need for Russia to step in and invent new controversies

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India needs to copy China better when it comes to running successful SEZs

Investment zones must provide the kind of governance and clarity that's in short supply across the rest of India, writes Reuben Abraham.

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SAIL board restructuring gets ACC approval, to bring in greater efficiency

The Appointments Committee of the Cabinet (ACC) has approved the restructuring of the Board of Steel Authority of India Limited

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India needs to copy China better when it comes to running successful SEZs

Investment zones must provide the kind of governance and clarity that's in short supply across the rest of India, writes Reuben Abraham.

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Google parent agrees to $310 million sexual misconduct lawsuit settlement

Google's parent company has reached a $310 million settlement in a shareholder lawsuit over its treatment of allegations of executives' sexual misconduct

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Coronavirus LIVE: India cases at 5,901,571; global tally at 32,751,051

Coronavirus update: Maharashtra has 1,300,757 coronavirus cases, Andhra Pradesh 661,458, Tamil Nadu 580,000, Karnataka 550,000, and UP 378,533. Stay tuned for coronavirus India LIVE update

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Latest news LIVE: Deepika, Sara, Shraddha to face NCB today in drugs case

NCB sources said that they all have been summoned after their names surfaced in WhatsApp chats accessed by the NCB and during the questioning of Rhea Chakraborty. Stay tuned for Latest LIVE news

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Best of BS Opinion: Modi's twin test, Brexit & nostalgia, and more

Today's views focus on Modi's role as a reformer, what the automobile industry signals for the Indian economy and the risks of the government spending more, immediately, to combat the recession

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Chennai police book Franklin Templeton, top executives for 'fraud'

The FIR also named Santosh Das Kamath, MD and chief investment officer, FTAMIL

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Thursday, September 24, 2020

Dollar off two-month peak, yuan gains on bond benchmark inclusion

The dollar index edged down to 94.313 , after scaling a two-month high of 94.601 in Thursday's U.S session amid a bout of risk aversion

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Faceless income tax assessment starts today: Here is all you need to know

Faceless assessment enables an assessing officer, who is physically located in a particular jurisdiction, to assess a Bill of Entry pertaining to imports made at a different Customs station

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Even as Covid-19 rages, Indian economy's animal spirits are stabilising

Five of the eight high-frequency indicators compiled by Bloomberg News gained last month, while two were unchanged and one deteriorated

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Faceless income tax assessment starts today: Here is all you need to know

Faceless assessment enables an assessing officer, who is physically located in a particular jurisdiction, to assess a Bill of Entry pertaining to imports made at a different Customs station

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Stocks to watch: IT stks, Cipla, RIL, TCS, Tata Coffee, Mahindra & Mahindra

Here's a list of stocks that may trade actively in today's session

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Fresh lockdown will affect silver more, says Bhavik Patel of Tradebulls Sec

Silver is in weak territory as it has breached $26 and now next support comes at $22

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Stock recommendations by Anand Rathi: Sell Piramal Enterprises, L&T Finance

The momentum oscillator MACD has provided fresh sell crossover on the weekly scale for Piramal's stock

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Here's a derivative strategy on RBL Bank by Nandish Shah of HDFC Securities

Primary trend of the stock is negative where stock price is trading below its important moving averages

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MARKET LIVE: Indices likely to open higher; watch out for banks, IT stocks

Catch all the live market updates here

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MARKET LIVE: Indices likely to open higher; watch out for banks, IT stocks

Catch all the live market updates here

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BSE sees listing of commercial papers, debentures of Rs 41,200 cr in a day

So far in the ongoing fiscal, BSE has enabled listing of commercial paper to the tune of Rs 4.26 lakh crore and bonds of Rs 2.82 trillion.

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Coronavirus LIVE: India cases past 5.8 mn; global tally at 32,395,107

Coronavirus update: Maharashtra has 1,282,963 coronavirus cases, Andhra Pradesh 654,385, Tamil Nadu 563,591, Karnataka 548,557, and UP 384,277. Stay tuned for coronavirus India LIVE update

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Latest news LIVE: Farmers' shutdown today, Delhi Police on alert at border

Various farmers' organisations, including from Punjab, Haryana and Uttar Pradesh, have called a nationwide shutdown today. Stay tuned for Latest LIVE news

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RBI scraps Rs 10,000-crore OMO, plans to conduct Operation Twist

Bond market participants were disappointed because the central bank in the past has refused to sell 10-year bonds at rates the market wanted the RBI to pay

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Reliance Jio adds 4.4 mn users, Vodafone Idea down by 4.8 mn in June

Vodafone Idea has lost more than 30% of user base since 2018 merger

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Fructose made in the brain could be a mechanism driving Alzheimer's disease, researchers propose

New research proposes that Alzheimer's disease may be driven by the overactivation of fructose made in the brain. The study outlined the hypothesis that Alzheimer's is a modern disease driven by changes in dietary lifestyle that has resulted in excessive fructose metabolism in the brain.

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AYUSH Ministry inks MoU with herbal industry bodies for plants cultivation

National Medicinal Plants Board (NMPB), Ministry of AYUSH signed MoU with the major AYUSH and herbal industry bodies covering a set of measures to promote medicinal plant cultivation

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Covid vaccine by year-end will be fastest pace for pathogen in history: WH

A vaccine for COVID-19 by the end of the year will be the fastest pace for a novel pathogen in history, the White House said

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Opposition BJP, Cong in Odisha demand rollback of power tariff hike

A day after the state power sector regulator approved tariff hike from October 1, the opposition BJP and the Congress in Odisha demanded rollback of the move

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National Medical Commission to come into force; BoG, MCI to be dissolved

NMC, in place of MCI, for development and regulation of all aspects of medical education and profession, has been constituted and will come into existence from Friday

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Pradhan invites US cos to engage in developing gas infrastructure in India

Union Minister of Petroleum and Natural Gas and Minister of Steel Dharmendra Pradhan on Thursday discussed 'Strategic Energy Partnership' during video conferencing with Kenneth Juster, the US Ambassador to India, and invited the US companies to engage more intensely in developing the gas infrastructure in India.Informing about the same in series of tweets, the Ministry of Petroleum and Natural Gas said that, the Minister also reviewed the strategic petroleum reserves' cooperation initiated in June this year."Minister of Petroleum & Natural Gas and Minister of Steel Dharmendra Pradhan had a discussion through VC with Kenneth Juster, the U.S. Ambassador to India on India-U.S Strategic Energy Partnership.The U.S. Ambassador to India recognized that the energy component is emerging as a key constituent of the India-US strategic partnership," tweeted the Ministry."Minister Dharmendra Pradhan invited US companies to engage more intensely in developing the gas infrastructure in the ...

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Amazon launches new version of Echo devices in India starting at Rs 4,499

US technology firm Amazon announced a new version of artificial intelligence based Echo speakers in the price range of Rs 4,499 to Rs 9,999 a unit

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Higher exports to help pharma eke out 8-9% growth this fiscal: CRISIL

Living up to its moniker of a defensive bet, the Rs 2.8 trn Indian pharmaceutical sector is set to emerge more or less unscathed from the Covid-19 pandemic this fiscal, CRISIL said on Thursday.

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Wednesday, September 23, 2020

Google Assistant to help you stretch, walk, drink water during WFH

To ensure productivity along with enough self-care in between, Google has introduced a new Workday routine that makes Google Assistant help you stretch, walk and drink water as you work from home

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Tata Chemicals gains 8% in 2 days as Tata Sons buys additional stake

On Wednesday, Tata Sons purchased 2.21 million equity shares of Tata Chemicals at Rs 287.58 per share on the NSE

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Covid-19: Indian banking system to be among the last to recover, says S&P

Path to recovery will be more painful and banks' recovery to long-term averages for key asset quality and profitability ratios will take years, it added

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Amid Covid, work from home hurting back and neck; people seek medical help

With work from home becoming the new normal amid pandemic, many people have started complaining of neck pain and backache while working for long hours and are seeking help from physiotherapists

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ONGC shares slide 3% as massive fire breaks out at Surat plant

According to media reports, three consecutive blasts that took place at two terminals of the Hazira-based ONGC plant in Surat at around 3:30 am caused the fire

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IPL 2020: KXIP vs RCB playing 11, squad, head to head, pitch report details

The pitch at Dubai International Cricket Stadium is likely to support both batsmen and bowlers. Check KXIP vs RCB playing 11 probables, head to head and other match details here

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Amid Covid, work from home hurting back and neck; people seek medical help

With work from home becoming the new normal amid pandemic, many people have started complaining of neck pain and backache while working for long hours and are seeking help from physiotherapists

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Samsung unveils Galaxy S20 FE (Fan Edition): Know price, specs and features

Pre-orders for the Galaxy S20 FE 5G and S20 FE have started and the phone will be available globally from October 2. The smartphone's India availability is not yet confirmed by the company

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Stocks to watch: Tata Chemicals, Tata Motors DVR, L&T, NCC, Zydus Wellness

Here's a list of stocks that may trade actively in today's session.

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Is gold's rally over? Here are key indicators to find where it is headed

Unprecedented global stimulus, negative real rates and a weakening dollar pushed bullion to a record high above $2,075 an ounce in early August

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Massive fire breaks out at ONGC plant in Surat as blasts rip gas pipeline

Firefighters have been rushed to the spot to control the raging fire

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In his bid to revive Indian economy, Modi takes a gamble on the farm

Modi has thrown out the old furniture by ramming legislation through parliament, passed by a dubious voice vote

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MARKET LIVE: SGX Nifty plunges 100 points ahead of F&O expiry today

Catch all the live market updates here

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MARKET LIVE: SGX Nifty plunges 100 points ahead of F&O expiry today

Catch all the live market updates here

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New procedure on promoters' PAN applies under takeover norms also: Sebi

Earlier this month, the regulator put in place a detailed procedure for system-driven disclosures under the PIT (Prohibition of Insider Trading) Regulations

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Angel Broking's IPO subscribed 1.46 times on second day of bidding

The category meant for non institutional investors was subscribed 31 per cent and that of retail individual investors 2.79 times.

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PM Modi bets the farm in a gamble to relaunch Indian economy

Modi has thrown out the old furniture by ramming legislation through parliament, passed by a dubious voice vote

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Twitter 'mistakenly' locks, limits accounts; restores service soon after

Twitter said it has restored accounts that were mistakenly locked or limited, hours after some users reported delay in tweets showing up on timelines as well as accounts being locked "by mistake."

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Latest news LIVE: Fire at ONGC plant in Gujarat's Surat, details awaited

A fire breaks out at an Oil and Natural Gas Corporation (ONGC) plant in Surat. Fire tenders present at the spot. More details awaited. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India cases past 5.7 mn; global tally at 32,083,275

Coronavirus update: Maharashtra has 1,263,799 coronavirus cases, Andhra Pradesh 646,530, Tamil Nadu 547,337, Karnataka 540,847, and UP 369,686. Stay tuned for coronavirus India LIVE update

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Apple online store debut in India receives overwhelming response

Traffic witnessed so far way above expectations: Tech giant

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Rafale deal: CAG says Dassault Aviation, MBDA yet to fulfil obligation

The first batch of five Rafale jets arrived in India on July 29, nearly 4 years after India signed an inter-governmental agreement with France

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Covid-19 pandemic spurs matured-stage start-ups to advance their IPO plans

Several ecommerce and digital payments companies are looking for public listing over next two years

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Tuesday, September 22, 2020

Microsoft to take you to office via virtual commute in Teams

Microsoft has announced a unique feature in its video meet app Teams which will take you to office as you used to before the work-from-home scenario, virtually though

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Stocks to watch: RIL, Sun Pharma, Tata Group stocks, IOC, Airtel, Voda Idea

Here's a list of stocks that may remain in focus today.

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KKR to invest Rs 5,550 crore in Reliance Retail Ventures for 1.28% equity

Earlier, Silver Lake had invested Rs 7,500 cr into Reliance Retail Ventures, valuing the business at about Rs 4.2 trillion

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KKR to invest Rs 5,550 crore in Reliance Retail Ventures for 1.28% equity

Earlier, Silver Lake had invested Rs 7,500 cr into Reliance Retail Ventures, valuing the business at about Rs 4.2 trillion

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India slams Erdogan's Kashmir remarks at UNGA, call it 'gross interference'

India slammed Erdogan's for his remarks on Kashmir during UNGA session, saying the latter's speech constitutes "gross interference" in India's internal affairs and is "completely unacceptable"

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Railofy to provide air ticket if you don't get a confirmed railway seat

Railofay keeps tracking the passenger's waiting list tickets. If the passenger's ticket is not confirmed until the last minute, the app provides a flight ticket to the passenger

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Support for Nifty is seen at 10,882, says Vinay Rajani of HDFC Securities

Nifty has violated the support of its 50 days EMA. The trend would be considered bearish unless Nifty closes above 11,450

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Tesla's value drops $50 bn as Musk says cheaper battery is 3 years away

Musk acknowledged that Tesla does not have its ambitious new vehicle and battery designs and manufacturing processes fully complete

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MARKET LIVE: Indices likely to open flat; Tata Group stocks, RIL in focus

Catch all the live market updates here

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MARKET LIVE: Indices likely to open flat; Tata Group stocks, RIL in focus

Catch all the live market updates here

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Amazon leads Wall Street rebound, even as economic worries deepen

Microsoft Corp, Apple Inc, Alphabet Incand Facebook Inc, which together have fueled Wall Street's rally since the pandemic slammed markets in March, all rose more than 1 per cent

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Chemcon Speciality Chemicals IPO subscribed 12.65 times on day 2

The firm is a manufacturer of specialised chemical products

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Sebi bars 12 DHFL promoters from accessing securities for violating norms

They have also been restrained from associating themselves as directors or promoters of any listed public company or associating with any intermediary registered with Sebi, the regulator said

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China links troop pull back with Indian withdrawal from Kailash Range

On August 30, after the PLA began expanding its territorial hold south of the Pangong Tso, the Indian Army occupied "blocking positions" on the Kailash Range on August 30

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Odisha urges Centre to postpone coal block auction by three months

The Odisha Government requested the Central Government to defer the coal block auction process by three months in view of the unfavourable market situation due to the COVID-19 outbreak

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LIVE updates: PM Modi to hold Covid-19 review meet with CMs of 7 states

PM Modi will chair a high-level meeting with CMs of Maharashtra, AP, Karnataka, UP, Tamil Nadu, Delhi and Punjab today. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India cases rise to 5,640,441; US death toll past 200,000

Coronavirus India update: Maharashtra has 1,242,770 coronavirus cases, Andhra Pradesh 625,514, Tamil Nadu 547,337, Karnataka 533,850, and UP 364,543. Stay tuned for coronavirus India LIVE update

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Smart cells: Chemists develop tool with potential to treat illness at the cellular level

New research by an international team of chemists describes a new type of artificial cell that can communicate with other cells within the body -- with potential applications in the field of smart pharmaceuticals.

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Facebook threatens to leave Europe over new data-sharing regulations

Facebook and Instagram have over 410 million combined users in the EU region

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India's economy to contract 5.9 per cent in 2020, says UN trade body

India had announced a Rs 20-trillion stimulus package for vulnerable sections of society and small businesses

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RBI appoints new administrator of PMC Bank; no revival plan for bank as yet

The present administrator, JB Bhoria, stepped down from his role as the administrator of the bank due to health reasons

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Smart cells: Chemists develop tool with potential to treat illness at the cellular level

New research by an international team of chemists describes a new type of artificial cell that can communicate with other cells within the body -- with potential applications in the field of smart pharmaceuticals.

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How night vision is maintained during retinal degenerative disease

New insight on how people with retinal degenerative disease can maintain their night vision for a relatively long period of time has just been published.

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Monday, September 21, 2020

Markets are getting a reality check now; use dips to buy IT, pharma stocks

"I expect market volatility to remain high as the US election approaches," says Holland.

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Stocks to watch: SBI, agri-related stks, GMM Pfaudler, Aarti Drugs, IDBI Bk

Here's a look at the top stocks that may remain in focus today

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Make way for 'enertainers': Gensets at construction sites may be going out

While construction cranes have always run on electricity, they have tended to use diesel generators because the massive bursts of power needed would drain local grids and risk blackouts

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Math doesn't add up: Differing views create confusion in TikTok-Oracle deal

A key reason for the discrepancy lies in differing views over the eventual distribution of TikTok's shares

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The DoubleClick deal that turned Google into ad giant. Is that a problem?

The deal turned out to be "a total game changer, a crucial piece in the larger jigsaw puzzle Google put together," said Timothy Armstrong

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New composite material revs up pursuit of advanced electric vehicles

Scientists have used new techniques to create a composite that increases the electrical current capacity of copper wires, providing a new material that can be scaled for use in ultra-efficient, power-dense electric vehicle traction motors.

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Stock recommendations by Nilesh Jain of Anand Rathi: Buy UPL, Sell M&M Fin

The stock of UPL is making a higher top and higher bottom formation on the daily chart which indicates every decline will attract fresh buying interest from lower levels

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MARKET LIVE: SGX Nifty up 50 points; Angel Broking IPO opens today

Catch all the live market updates here

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MARKET LIVE: SGX Nifty up 50 points; Angel Broking IPO opens today

Catch all the live market updates here

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Sebi revises guidelines for writing off securities by foreign investors

For the write off, the process prescribed in the operational guidelines has to be complied with, Sebi added

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Biomarker indicating neurodegeneration identified in the eye

A new study indicates a well-known biomarker that serves as a marker for earlier diagnosis of neurodegenerative diseases is now detectable in the eye. Neurofilament light chain, a protein previously detected in cerebrospinal fluid and blood that is being explored as a biomarker to detect neurodegeneration, has now been identified in the vitreous humor, or fluid within the eye.

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The overlap between fear and anxiety brain circuits

Fear and anxiety reflect overlapping brain circuits, according to research recently published in JNeurosci. The findings highlight a need to reevaluate the existing models guiding anxiety research.

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Corona-induced CO2 emission reductions are not yet detectable in the atmosphere

The impact of the corona pandemic will reduce worldwide carbon dioxide emissions by up to eight percent in 2020. Cumulative reductions of about this magnitude would be required every year to reach the goals of the Paris Agreement by 2030. Measurements now revealed that concentration of carbon dioxide in the atmosphere has not yet changed due to the estimated emission reductions.

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Mirror-like photovoltaics get more electricity out of heat

New heat-harnessing 'solar' cells that reflect 99% of the energy they can't convert to electricity could help bring down the price of storing renewable energy as heat, as well as harvesting waste heat from exhaust pipes and chimneys.

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UN faces crisis of confidence, need reformed multilateralism: Modi at UNGA

Modi's remarks came on a day when the United Nations General Assembly committed itself to put "new life" into the stalled reform of the Security Council

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Covid-19 LIVE: India cases past 5.5 mn; Oxford vaccine trial starts in Pune

Coronavirus update: Maharashtra has 1,224,380 coronavirus cases, Andhra Pradesh 625,514, Tamil Nadu 547,337, Karnataka 526,876, and UP 358,893. Stay tuned for coronavirus India LIVE update

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Latest news LIVE updates: CBSE compartment exams to be held from today

Prime Minister CBSE said that examinees would have to carry hand sanitisers and wear face masks in view of the coronavirus pandemic. Stay tuned for Latest LIVE news

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Bharti Airtel, Vodafone Idea must pay 10% of AGR dues by March 31: DoT

This is irrespective of what these telecom companies have already paid; lawyers at both firms going through fine print of the Supreme Court order

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FCRA Bill passed in Lok Sabha, civil society says it will throttle NGOs

MoS for Home says Bill necessary for Aatmanirbhar Bharat, is not against any religion or NGO

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Business activity may not touch pre-Covid-19 levels before March: Survey

Companies in the construction, real estate, manufacturing and power sectors said they are facing problems because of the return of migrant labourers back to their villages

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Key discovery in psoriatic arthritis points way for developing targeted treatments

The strongest evidence yet of a single cause for psoriatic arthritis has been discovered by researchers. The disease may be activated by the same trigger in different patients which, if identified, could move towards creating therapies that would prevent psoriatic arthritis, and potentially providing a cure.

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Most homemade masks are doing a great job, even when we sneeze, study finds

A new study examined the effectiveness of common household fabrics in blocking droplets. Researchers tested the breathability and droplet-blocking ability of 11 common household fabrics, using a medical mask as a benchmark. The fabrics selected ranged from new and used garments, quilted cloths, bedsheets and dishcloth material.

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Study identifies innovative responses to pandemic school meal program disruption

A new study estimates that more than 1.15 billion breakfasts and lunches for low-income children were not served in school as a result of school closures between March 9 and May 1. States and school districts have developed innovative solutions to meet the nutritional needs of low-income children and respond to the rapidly growing food insecurity crisis, yet the number of replacement meals is likely far short of what they provided prior to the pandemic.

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Sunday, September 20, 2020

Realme to launch Narzo 20 series, Android OS 11 based Realme UI 2.0 today

The Narzo 20 series and Realme UI 2.0 will launch through an online event, which the company will live stream on its social media accounts and YouTube channel at 12:30 pm

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HCL Technologies to acquire Australia-based firm DWS for $116 million

The transaction is expected to close in December 2020, subject to closing conditions, including regulatory approvals

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HCL Technologies to acquire Australia-based firm DWS for $116 million

The transaction is expected to close in December 2020, subject to closing conditions, including regulatory approvals

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India's Covid-19 lockdown claims another victim; gold smuggling routes

Smugglers of gold have benefited from record high prices and a 12.5% import tax that India imposes on shipments of the metal and additional local taxes

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GOCL Corp leaps 12% on divestment of partial stake in Quaker Houghton

HGHL Holdings has beneficial interest in 4.27 lakh shares of common stock of Quaker Chemical Corporation/Quaker Houghton, USA

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Route Mobile makes bumper debut, lists at 105% premium against issue price

The stock listed at Rs 717 on the NSE, clocking a 105% premium against its issue price of Rs 350 per share

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HCL Tech shares hit a fresh record high as Co to acquire IT firm DWS Ltd

The acquisition is expected to be completed by December 2020.

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Asus set to launch commercial notebooks, desktops at 2 pm: Watch livestream

Taiwanese electronics maker Asus is hosting a virtual event at 2 pm (IST) that will live stream on company's social media accounts and YouTube channel where it will unveil the product line-up

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Stocks to watch: HCL Tech, RITES, Route Mobile, Amber Enterprises, ITC

Here's a list of stocks that may remain in focus today

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Kanpur farmers welcome agri bills, urge Centre to cut middlemen's role

Farmers in Kanpur welcomed the new legislation and urged the government to think more of their community

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CAMS IPO opens today: Four reasons why analysts suggest subscribing to it

As of June 2020, CAMS services four out of five largest AMCs - HDFC MF, ICICI Prudential MF, SBI MF, and Aditya Birla Sun Life MF.

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Two bank stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of ICICI Bank has witnessed a decent correction recently and has maintained the support zone near 360 levels

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MARKET LIVE: SGX Nifty falls 40 points; Route Mobile to list today

Catch all the live market updates here

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MARKET LIVE: SGX Nifty falls 40 points; Route Mobile to list today

Catch all the live market updates here

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Chemcon IPO: How momentum in the pharma sector is positive for the company

Chemcon Speciality is the only manufacturer of HMDS in India & 3rd largest worldwide. Besides, it is the largest player of CMIC in India. Both these chemicals are predominantly used in pharma sector

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Shares, currencies tentative as attention shifts to US election, stimulus

MSCI's broadest index of Asia-Pacific shares outside Japan was a shade weaker, though it was not too far from a June 2018 peak at 568.84

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Govt's decision to hike duty on TV cells to further increase prices

The planned 5 per cent increase in duty on open cells to further worsen TV makers plight

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Brokerage industry's revenues expected to reach Rs 23,000 cr in FY21: Icra

With increasing retail investor activity and a surge in trading volumes, the domestic brokerage industry's aggregate revenues are expected to reach Rs 23,000 cr in FY21, marking a YoY growth of 10-12%

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LIVE Ladakh row: India-China to hold Corps Commander-level talks today

India is looking for some concrete outcome from the dialogue between the armies of India and China. Stay tuned for Latest LIVE news

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Coronavirus LIVE: Section 144 in Rajasthan; schools to open in some states

Coronavirus update: Maharashtra has 1,208,642 coronavirus cases, Andhra Pradesh 625,514, Tamil Nadu 541,993, Karnataka 494,356, and UP 354,000. Stay tuned for coronavirus India LIVE update

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Lok Sabha passes bill to amend Factoring Regulation Act to support MSMEs

Lok Sabha on Sunday passed a bill to amend the Factoring Regulation Act that seeks to help micro, small and medium enterprises by providing additional avenues for getting credit facility

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Bangladesh issues over 200 import permits for 88,000 tonnes of onions

Bangladesh importers have been eagerly waiting for onion consignments to get cleared from Chittagong port, a day after the Indian government allowed pre-contracted onions to enter the markets

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Covid-19 in numbers: Here's the Latest data on cases and deaths globally

Refer to the following tables for data on confirmed coronavirus cases, deaths and recoveries in India and across the world

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Adityanath govt to create single window portal for film makers in UP

Necessary permissions and no objection certificates for film shooting can be obtained through this portal

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Govt decriminalises Companies Act to promote greater ease of doing business

The bill, passed on Saturday in the Lok Sabha, comes at a time when companies are reeling under stress due the coronavirus (Covid-19) pandemic

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Internet user base up 3.4% at March-end; Jio commands over 52% market: Trai

Reliance Jio led the chart grabbing 52.3 per cent of the overall market share, followed by Bharti Airtel (23.6 per cent share) in the quarter ended March 2020

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Loans worth Rs 70K cr sanctioned to discoms under liquidity package: Govt

Finance Minister Nirmala Sitharaman in May this year had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clearing their outstanding dues till March 2020

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DATA STORY: India's active cases down by 6,930 in 2 days; recovery rate inches towards 80%

With 94612 new daily recoveries, India's recovery rate has improved to 79.68%; the fatality rate remains unchanged at 1.61%

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TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal

Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump

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Loans worth Rs 70K cr sanctioned to discoms under liquidity package: Govt

Finance Minister Nirmala Sitharaman in May this year had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clearing their outstanding dues till March 2020

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Samsung Galaxy M51 review: An all-round midrange phone that M-series needed

Galaxy M51 covers a wide spectrum of features and specifications that you look for in a midrange smartphone. How does it fare in regular usage? Let's find out

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Samsung Galaxy M51 review: An all-round midrange phone that M-series needed

Galaxy M51 covers a wide spectrum of features and specifications that you look for in a midrange smartphone. How does it fare in regular usage? Let's find out

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India's single-day recoveries surpass new cases as 94,612 people recuperate

The death toll climbed to 86,752 with the virus claiming 1,133 lives in a span of 24 hours, the data updated at 8 am showed

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Godrej Fund in talks with global investors to raise new corpus of $500 mn

The fund would invest $50 million to $150 million each and focus on Mumbai, National Capital Region, Pune and Bangalore markets

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TCS sets up 11 Covid-19 isolation centres for staff, their dependents

All the centres will have 24/7 medical cover, along with daily monitoring by trained professionals. The patients can even connect with a counsellor virtually during their treatment

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State Bank of India to raise Rs 8,000 crore, gets shareholders' nod

Shareholders approved the fund raising plan at the extra-ordinary general meeting (EGM) held on Saturday (September 19, 2020), Bank of India said in a regulatory filing

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Saturday, September 19, 2020

Changes to Companies Act: Here are the amendments passed by Lok Sabha

Around 48 sections of the Companies Act, 2013 will be amended to decriminalise various offences

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TCS sets up 11 Covid-19 isolation centres for staff, their dependents

All the centres will have 24/7 medical cover, along with daily monitoring by trained professionals. The patients can even connect with a counsellor virtually during their treatment

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Changes to Companies Act: Here are the amendments passed by Lok Sabha

Around 48 sections of the Companies Act, 2013 will be amended to decriminalise various offences

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China seeks counterweight to US in Europe but only finds anger, frustration

In country after country, China is facing rising anger over its policies and its behavior - from trade to human rights - a major setback on a continent

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Oracle, Walmart target greater reach, social media toehold with Tiktok deal

Oracle and Walmart together could end up with as much as 20% of the entity, purchased in a round of financing that would precede an initial public offering

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As Covid-19 hits family incomes, more girls leaving schools in rural Asia

To determine the impact of the virus outbreak on girls' education, Room to Read conducted a survey of 28,000 girls in Bangladesh, Cambodia, India, Laos, Nepal, Sri Lanka, Tanzania and Vietnam

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Covid-19: A town in New Zealand adjusts to life without foreign tourists

Across the country as a whole, foreign visitors spent NZ$17.2 billion ($11.5 billion) in the 12 months to March 2019, accounting for 20% of the country's total exports

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The Modi govt must forget pakoras and let the likes of Toyota create jobs

When India should be presenting itself as an alternative to China by making it easy for enterprises, we find the old and discarded Soviet-style statism creeping back

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The Modi govt must forget pakoras and let the likes of Toyota create jobs

When India should be presenting itself as an alternative to China by making it easy for enterprises, we find the old and discarded Soviet-style statism creeping back

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Have given my blessing, says Trump on TikTok deal involving Oracle, Walmart

The deal mandates the creation of a new American company -- incorporated in Texas -- and the prospect of 25,000 new jobs

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'Would be massive': Paytm Money looks to tap India's stock trading mania

Paytm Money hopes to stand in competitive stock broking industry with features that could allow users to automate the entry, exit and monitoring of investments.

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At 4.2 mn, India has most number of patients to recover from Covid-19

The national recovery rate has increased to nearly 80 per cent even though the country's total cases exceeded 5.3 million

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Friday, September 18, 2020

FM Sitharaman moves bill in RS to amend Insolvency and Bankruptcy Code

Nirmala Sitharaman moved the bill for the amendment of the Insolvency and Bankruptcy Code, 2016 in the Rajya Sabha

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Jabra Elite 45h review: On-ear headphones with good sound, on-battery time

Priced at Rs 8,999, the Jabra Elite 45H seems to be a good value-for-money headphones for people on the go. Is it? Let's find out

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RITES Ltd announces share buyback worth Rs 257 cr at Rs 265 per share

The board of directors at RITES Ltd has approved buy-back of 9.69 million equity shares with a face value of Rs 10 each at Rs 265 per share

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TikTok drags US govt to court over President Trump's threat of ban

Trump exceeded his authority when he moved to ban the app, and did so for political reasons rather than to stop an "unusual and extraordinary threat", said the complaint

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DATA STORY: India sees highest single-day recovery, first drop in active cases since Aug 25

With 95880 new daily recoveries, the most in a day so far, India's recovery rate has improved to 79.28%; the fatality rate has fallen to 1.61%

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NIA arrests nine Al Qaeda terrorists planning attacks in Delhi-NCR

Following raids in West Bengal and Kerala, NIA arrested nine militants linked with the Al Qaeda terror group, who were planning attacks at several key installations in Delhi-NCR

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Google Drive to delete trashed files after 30 days from October 13

Just like Gmail, Google will now keep your trashed files in its Drive platform for only 30 days and start deleting those once the deadline is crossed, starting October 13

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Google makes it easier to Search, Chrome and Gmail in Apple iOS 14

Google has given its users easier access to Search, Chrome and Gmail on the new Apple iOS 14

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Covid-19 impact: AAI likely to slip into red for first time in FY21

However, Miniratna firm won't cut planned capex of Rs 5,000 cr for FY21

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Blackstone sells 23% stake in Essel Propack via open market transactions

Blackstone sold 23 per cent stake in Essel Propack, one of the largest manufacturers of laminated tubes used mostly by FMCG and pharma companies

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Indian among six indicted in $100,000 Amazon bribery case in US

Amazon said it has systems in place to detect suspicious activity by employees and sellers and teams that investigate prohibited activity

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Most of additional budget spending for people-centric schemes: Sitharaman

Nirmala Sitharman said that the majority of the additional resources in the first batch of the Supplementary Demands for Grants would be spent on people-centric schemes amid the coronavirus pandemic

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GST Council to take call on funding compensation shortfall: FM Sitharaman

Nirmala Sitharaman said GST Council will arrive at a common ground on ways to compensate states for loss of revenue

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GST Council to take call on funding compensation shortfall: FM Sitharaman

Nirmala Sitharaman said GST Council will arrive at a common ground on ways to compensate states for loss of revenue

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Coronavirus LIVE updates: India records 92,789 in 24 hrs; tally past 5.3 mn

Coronavirus latest update: Total Covid-19 cases in India stand at 5,305,387. Maharashtra, Andhra Pradesh, Tamil Nadu and Karnataka have over 500,000 cases each. Stay tuned for coronavirus LIVE updates

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Latest news LIVE: IPL 2020 to begin today in Dubai; MI to take on CSK

The Indian Premier League (IPL) will start today in the United Arab Emirates (UAE) with the final slated on November 8. Stay tuned for Latest LIVE news

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Ruth Ginsburg, women's rights champion of US Supreme Court, dies at 87

Liberal icon's death less than two months before election gives President Donald Trump a chance to try to shift the already conservative court further to the right

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Best of BS Opinion: The China gap, National Suspicion State & more

Here's a selection of Business Standard opinion pieces for the day

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Citigroup to hire 6,000 youth in Asia as unemployment numbers rise

It's also offering 60,000 job training opportunities for youth below the age of 24 over the next three years across its retail and institutional businesses in the region

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Defying a 150-year-old rule for phase behavior

Today, researchers are defying a classical theory from American physicist Josiah Willard Gibbs, with proof of a five-phase equilibrium, something that many scholars considered impossible.

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Shape matters for light-activated nanocatalysts

Points matter when designing nanoparticles that drive important chemical reactions using the power of light, according to recent research.

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Thursday, September 17, 2020

Indian economy staring at double-digit decline as Covid-19 cases spike

The failure to get infections under control will set back business activity and consumption -- the bedrock of the economy -- which had been slowly picking up

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Apple to celebrate Diwali with 1st India online store on September 23

Apple is set to launch first exclusive online store in India on Sep 23 just ahead of festive season, offering a full range of products, support and premium experience to consumers across the country

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Indian economy staring at double-digit decline as Covid-19 cases spike

The failure to get infections under control will set back business activity and consumption -- the bedrock of the economy -- which had been slowly picking up

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Apple to celebrate Diwali with 1st India online store on September 23

Apple is set to launch first exclusive online store in India on Sep 23 just ahead of festive season, offering a full range of products, support and premium experience to consumers across the country

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Nifty can test higher levels if it holds 11,400: Nilesh Jain of Anand Rathi

The momentum indicators and oscillators on the weekly scale are very well in 'buy' mode

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Here's a Bull Spread Strategy on Manappuram Finance by HDFC Securities

Long build up is seen in the Manappuram fin Futures' where we have seen 7% (Prov) rise in the Open Interest with Price closing flat

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MARKET LIVE: SGX Nifty trends suggest a flat start; FTSE rebalancing today

Catch all the live market updates here

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MARKET LIVE: SGX Nifty trends suggest a flat start; FTSE rebalancing today

Catch all the live market updates here

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India Inc looks to raise more than Rs 50,000 crore from IPOs in FY21

At least 80 companies are in the process to tap the primary market to raise approximately Rs 51,515 crore equity capital in FY 2020-21 with benchmark indices up by 50% since March

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Sebi asks MFs to put in place policy on trade execution, allocation

Sebi asked mutual fund houses to put in place a policy specifying role of several teams engaged in fund management and back office with regard to execution of order and allocation of trade

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OPEC+ calls for compliance with oil cuts, Saudi says not an act of charity

OPEC and its allies, led by Russia, pressed for better compliance with oil output cuts on Thursday against the backdrop of falling crude prices as uncertainty reigns over the global economic outlook

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Google receives $25 million tax break from Nevada to build facility

Google will receive more than $25 million in tax breaks after pledging an additional $600 million for a new data center in southern Nevada, state officials said

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Coronavirus LIVE: India sees over 96,000 new cases again; tally past 5.2 mn

Coronavirus latest update: India's total number of corona cases has surged to 5,212,686. There now are 30,333,687 cases of coronavirus globally. Stay tuned for coronavirus India LIVE updates

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LIVE: SC to hear plea against Sudarshan TV's 'Bindas Bol' show today

The Supreme Court will today hear a PIL against the telecast of 'Bindas Bol' programme on Sudarshan TV, which claims to expose 'Jihad' in UPSC. Stay tuned for Latest LIVE news

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Scientists discover what happens in our brains when we make educated guesses

Researchers have identified how cells in our brains work together to join up memories of separate experiences, allowing us to make educated guesses in everyday life. By studying both human and mouse brain activity, they report that this process happens in a region of the brain called the hippocampus.

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Curve at tip of shoes eases movement but may lead to weaker muscles, problems

The scientists found that the more curved a toe spring is, the less power the foot inside the shoe has to exert when pushing off from the ground while walking. That means foot muscles are doing less work, and this, the researchers hypothesize, may have consequences such as less endurance and make people more susceptible to medical conditions like plantar fasciitis.

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Curve at tip of shoes eases movement but may lead to weaker muscles, problems

The scientists found that the more curved a toe spring is, the less power the foot inside the shoe has to exert when pushing off from the ground while walking. That means foot muscles are doing less work, and this, the researchers hypothesize, may have consequences such as less endurance and make people more susceptible to medical conditions like plantar fasciitis.

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Hubble captures crisp new portrait of Jupiter's storms

Hubble's sharp view is giving researchers an updated weather report on the monster planet's turbulent atmosphere, including a remarkable new storm brewing, and a cousin of the famous Great Red Spot region gearing up to change color -- again.

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New calculation refines comparison of matter with antimatter

An international collaboration of theoretical physicists has published a new calculation relevant to the search for an explanation of the predominance of matter over antimatter in our universe. The new calculation gives a more accurate prediction for the likelihood with which kaons decay into a pair of electrically charged pions vs. a pair of neutral pions.

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'Floating' graphene on a bed of calcium atoms

Adding calcium to graphene creates an extremely-promising superconductor, but where does the calcium go? In a new study, a Monash-led team has for the first time confirmed what actually happens to those calcium atoms. Surprising everyone, the calcium goes underneath both the upper graphene sheet and a lower 'buffer' sheet, 'floating' the graphene on a bed of calcium atoms.

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A scientific first: How psychedelics bind to key brain cell receptor

For the first time, scientists solved the high-resolution structure of these compounds when they are actively bound to the 5-HT2A serotonin receptor on the surface of brain cells. This discovery is already leading to the exploration of more precise compounds that could eliminate hallucinations but still have strong therapeutic effects. Psilocybin - the psychedelic compound in mushrooms - has already been granted breakthrough status by the FDA to treat depression.

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Time-restricted feeding improves health without altering the body's core clock

For the first time, scientists have studied the early effects of time-restricted feeding on the daily periodic oscillations of metabolites and genes in muscle, and metabolites in blood. The findings find that time-restricted feeding does not influence the muscle's core clock, and opens the door to more research on how these observed changes improve health.

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Potential target identified for migraine therapy

Researchers have identified the protein GLT-1 as the neurotransmitter glutamate transporter in the brain that is related to cortical spreading depression, a pathological condition that underlies migraines. The researchers found that mice lacking GLT-1, but not other glutamate receptors, were more susceptible to cortical spreading depression than were controls. GLT-1 might therefore be a potential target for migraine therapy.

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Wednesday, September 16, 2020

HCL Tech enters top-10 most valued firms club; surpasses ITC in m-cap

HCL Tech hit a fresh record high of Rs 817.45 on the BSE on Thursday, rallying 13% in the past four days

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LG Chem plans to separate electric car battery business as a new company

South Korea's LG Chem said it plans to separate its battery business as a new company in December

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HSIL leaps 10% as Board to consider share buyback on September 21

Today's intra-day high of Rs 74.8 apiece was the stock's fresh 52-week high, which surpassed its previous high of Rs 71.35 hit on September 16, 2020

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GCV Powerlist 2020: 5 Indians among top 25 venture capitalists in the world

GCV compiles its annual Powerlist of the top 100 heads of corporate venturing units out of more than 2,000 venturing companies globally

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Happiest Minds makes stellar debut, shares soar 138% against issue price

The stock hit a high of Rs 395 in the early morning deals, thereby surging 138% against the issue price of Rs 166 per share on the BSE.

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Happiest Minds makes stellar debut, shares soar 138% against issue price

The stock hit a high of Rs 395 in the early morning deals, thereby surging 138% against the issue price of Rs 166 per share on the BSE.

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Dhanuka Agritech up 7% after Co fixes buyback price at Rs 1,000 per share

The stock had hit a 52-week high of Rs 935 on July 20, 2020.

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Facebook unveils next gen VR headset Oculus Quest 2 starting at $299

Facebook has launched Oculus Quest 2, its next generation of all-in-one virtual reality headset that starts at $299.

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Trump wants a vaccine by end of this year but the barriers are too high

But the administration has also offered timelines for a vaccine that fly in the face of almost every experience in pharmaceutical history

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Stocks to watch: HCL Tech, Happiest Minds Tech, SBI, Dhanuka Agritech

Here's a list of stocks that may trade actively in today's trading session.

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Oracle to get access to TikTok's source code to eliminate Chinese backdoors

TikTok parent ByteDance Ltd. and Oracle submitted these details in their proposal to the Trump administration with a goal of averting an outright sale of the app or a shutdown of its US operations

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MARKET LIVE: SGX Nifty down 90 points; Happiest Minds shares to list today

Catch all the live market updates here

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MARKET LIVE: SGX Nifty down 90 points; Happiest Minds shares to list today

Catch all the live market updates here

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Trump raises questions about TikTok-Oracle deal if ByteDance ties remain

Trump had previously threatened to ban the app unless its US operations were sold to a US company and the US government received a share of the proceeds

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T cells take the lead in controlling SARS-CoV-2 and reducing COVID-19 disease severity

A multi-layered, virus-specific immune response is important for controlling SARS-CoV-2 during the acute phase of the infection and reducing COVID-19 disease severity, with the bulk of the evidence pointing to a much bigger role for T cells than antibodies. A weak or uncoordinated immune response, on the other hand, predicts a poor disease outcome.

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As pandemic progressed, people's perceived risks went up

A recent study documents how personal risk assessment and protective behaviors are linked.

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Replicating a genome starts with a twist, a pinch, and a bit of a dance

DNA replication begins with a set of proteins -- the Origin of Replication Complex (ORC). Researchers published images of the human ORC in exquisite detail, showing how it changes shapes in dramatic ways as it assembles around DNA.

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Upcoming ban on Chinese app WeChat won't target its users: US govt

A looming US ban on the Chinese app WeChat won't target people who use the app to communicate, according to a government court filing

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Sony to launch Play Station 5 and Digital Edition in India on Nov 19

Sony will launch Play Station 5 and Play Station 5 Digital Edition in India on November 19

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Latest news LIVE: Rajnath to make statement in RS on India-China standoff

Parliament will meet today on fourth day of its ongoing monsoon session. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India records 97,859 cases in a day; tally past 5.1 mn

Coronavirus latest update: Worldwide there are 30,024,106 cases of coronavirus. India's total number of corona cases has surged to 5,115,893 . Stay tuned for coronavirus India LIVE updates

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Supreme Court to begin hearing SBI's plea against Anil Ambani today

A banker said Ambani has objected to the SBI invoking personal guarantees under the Corporate Debtors Regulations, 2019

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India will work with G-20 nations to make world a better place: Javadekar

India is committed to working with the G-20 nations for making the world a better place and applauds the launch of the Global Initiative to reduce land degradation and coral reef programme

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Tuesday, September 15, 2020

With China relationship on the rocks, Australia eyes India for trade

India has overtaken China as the largest source of net migration to Australia, and its diaspora is the third largest Down Under, just behind China and the UK

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Stocks to watch: Aurobindo Pharma, Hexaware Tech, SpiceJet, Max India, LVB

Here's a list of stocks that may trade actively in today's session.

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Google grilled on ad business, misuse of dominance by US Senate panel

Google faced a bipartisan buzzsaw of tough questions about its ad business in a hearing on Tuesday, with a particular focus on whether it misused its dominance in online advertising to drive profits

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Two pharma stocks that Ajit Mishra of Religare Broking is bullish on

All indicators point to a gradual rise in Aurobindo Pharma's stock from the 100 EMA support

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'Nifty needs to close above 11,585 to negate short-term bearish trend'

Close above 11,585 would negate the bearish setup on the short term charts and could push Nifty towards the recent high of 11,794

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MARKET LIVE: Indices likely to open lower; Aurobindo Pharma in focus

Catch all the live market updates here

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MARKET LIVE: Indices likely to open lower; Aurobindo Pharma in focus

Catch all the live market updates here

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Apple unveils Watch Series 6, cheaper Watch SE, iPad Air in global event

The cheaper Apple Watch SE starts at Rs 29,900 and the GPS Cellular version begins from Rs 33,900

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Study connects hormones we're born with to lifetime risk for immunological diseases

Differences in biological sex can dictate lifelong disease patterns, says a new study by Michigan State University researchers that links connections between specific hormones present before and after birth with immune response and lifelong immunological disease development.

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Future autonomous machines may build trust through emotion

Research has extended the state-of-the-art in autonomy by providing a more complete picture of how actions and nonverbal signals contribute to promoting cooperation. Researchers suggested guidelines for designing autonomous machines such as robots, self-driving cars, drones and personal assistants that will effectively collaborate with Soldiers.

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India's milk, egg production registers 6% increase despite coronavirus

Despite the impact of the Covid-19 pandemic on the economy, milk and egg production in India has increased by 6%

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Time is ripe for early harvest trade deal with the UK: Piyush Goyal

Minister of Railways and Commerce and industry Piyush Goyal has called for aiming for a target of $500 billion of service exports

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Apple unveils Watch Series 6, cheaper Watch SE, iPad Air in global event

The cheaper Apple Watch SE starts at Rs 29,900 and the GPS+Cellular version begins from Rs 33,900

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Apple Watch Series 6 with SpO2 sensor launched: Know India pricing and more

Alongside the Watch Series 6, Apple also unveiled its Solo Loop and Braided Solo Loop Watch Bands. These which will be available from late October

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Apple refreshes tablet line-up with iPad, iPad Air upgrades: Details here

Both the iPad 8th generation and iPad Air ship with iPadOS 14 and support features that come as part of this operating system

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Theoretically, two layers are better than one for solar-cell efficiency

Solar cells have come a long way, but inexpensive, thin film solar cells are still far behind more expensive, crystalline solar cells in efficiency. Now, a team of researchers suggests that using two thin films of different materials may be the way to go to create affordable, thin film cells with about 34% efficiency.

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Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta from Com...