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Friday, April 30, 2021

DATA STORY: In a first, India reports more than 400,000 Covid cases in a day

India has so far administered 154,989,635 vaccine doses. That is 808.71 per cent of its total caseload, and 11.14 per cent of its population

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Australians to face 5-yr jail or hefty fine if they return home from India

The decision was based on the proportion of overseas travellers in quarantine in Australia, who have contracted the infection in India

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Serum Institute plans to start vaccine production outside India: Report

Adar Poonawalla said last week that the Serum Institute would be able to raise its monthly output to 100 million doses by July

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Serum Institute plans to start vaccine production outside India: Report

Adar Poonawalla said last week that the Serum Institute would be able to raise its monthly output to 100 million doses by July

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Gujarat: 18 Covid-19 patients die after fire breaks out in Bharuch hospital

There were around 50 other patients at the four- storeyed Welfare Hospital when the fire broke out in the Covid-19 ward at 1 am

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Coronavirus LIVE: India logs 402,110 new cases; Dr Fauci suggests lockdown

Coronavirus live updates | Statewise list of fresh Covid-19 cases: Maharashtra reported 62,919 infections, followed by Karnataka (48,296), and Kerala (37,199). Stay tuned for corona-related news

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States to get Rs 15,000 cr more from Centre to boost capital expenditure

This is in the wake of the economy facing headwinds on account of a second Covid wave

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Don't leave vaccine pricing to manufacturers, SC tells central govt

Warns against clampdown on free flow of information

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Vax 3.0: Hospitals, states ready for a slow start for those above 18 years

Maharashtra, Gujarat and UP to begin vaccination today

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Wipro ups IT services revenue guidance to 8-10% in April-June quarter

Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quarter, following the completion of its $1.45 billion buyout of Capco

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Wipro ups IT services revenue guidance to 8-10% in April-June quarter

Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quarter, following the completion of its $1.45 billion buyout of Capco

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Thursday, April 29, 2021

Dalmia Bharat consolidated profit zooms to Rs 640 crore in Jan-Mar 2021

Cement maker Dalmia Bharat on Friday reported an uptick in consolidated profit at Rs 640 crore for the fourth quarter ended March 31, 2021, on account of higher revenue from operations and tax credit

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IBM to acquire US-based enterprise software firm Turbonomic for up to $2 bn

Tech giant IBM has announced to acquire US-based enterprise software company Turbonomic, a deal that according to media reports could be worth up to $2 billion

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Wipro hits 52-week high as firm revises Q1FY22 revenue guidance

Wipro in an exchange filing earlier today said it expects revenue from its IT services business to be in the range of $2,324-$2,367 million during the first quarter of FY22.

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Titan shares decline amid margin hit in Q4; should you buy, sell or hold?

Titan's operating margins contracted 210 basis points in Q4 to 10.9 per cent, as against 13 per cent a year ago

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Soli Sorabjee, former attorney general, dies at 91 after contracting Covid

Sorabjee, a senior lawyer and Padma Vibhushan recipient, was being treated at a private hospital

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Indian stock market vulnerable to the rise in Covid cases: Chris Wood

The renewed mobility restrictions in India, he believes, also increase the potential risk of a renewed deterioration in asset quality for banks

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Indian stock market vulnerable to the rise in Covid cases: Chris Wood

The renewed mobility restrictions in India, he believes, also increase the potential risk of a renewed deterioration in asset quality for banks

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L&T Finance Holdings says Q4 net profit down 30% on one-time expenses

Quarter continued to see economic recovery across sectors led by rural and infrastructure space, company says.

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Everyone is battling coronavirus in India, except the state

Pandemic is a reminder of why even a dynamic private sector needs a state that can support its efforts.

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Stocks to watch: RIL, IndusInd Bank, Titan, Ujjivan Fin Services, Wipro

A special resolution to appoint Samit Ghosh as CEO of Ujjivan Financial Services was defeated as it didn't get the requisite share of votes

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Here is a Bull Spread Strategy on Divi's Labs by Nandish Shah of HDFC Sec

The short term trend is positive where the stock is trading above its 5-, 20- and 50-day EMA

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Top trading ideas by Mehul Kothari of Anand Rathi: Buy HEG, L&T

HEG stock after trading with a strong uptrend recently underwent some consolidation

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State elections results will provide fodder to the markets for a few days

Election results will keep market participants glued to the political landscape for the next few days - probably the most expensive elections from the point of the view of public health

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Market Ahead Podcast, April 30: Top factors that could guide markets today

At 8.15 am, SGX Nifty was ruling 144 points lower at 14,787, indicating a gap-down start to the May F&O series

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Rahul Bajaj steps down as Bajaj Auto chairman; Niraj Bajaj to take charge

The Bajaj Group patriarch who has been at the helm of the company for over five decades, will move to the role of chairman emeritus

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Coronavirus LIVE: India records 386,888 new cases, highest single-day spike

Coronavirus live updates | Statewise list of fresh Covid-19 cases: Maharashtra 66,159, Karnataka 39,047, Kerala 38,607, Uttar Pradesh 35,156, and Delhi 24,235 cases. Stay tuned for corona-related news

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Investment bankers set to take home hefty bonuses on record fundraising

Industry players estimate the average payouts to be in the range of 50-75 per cent of the bankers' annual salaries. For the top performers, the bonuses could be 100-125 per cent

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What's behind Adani group's meteoric rise on the stock exchanges?

The jump in market capitalisation in the past year is not matched by its financial performance

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Exhausted, helpless, doctors struggle to keep sinking health system afloat

Many are grappling with guilt at having to turn patients away, not being able to save lives

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VC investors anticipate a flurry of IPOs by Indian start-ups: Survey

The 'India Sentiment Outlook Survey' said 19 per cent of them also held the opposing view while 16 per cent were unsure

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What's behind Adani group's meteoric rise on the stock exchanges?

The jump in market capitalisation in the past year is not matched by its financial performance

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Wednesday, April 28, 2021

RattanIndia Enterprises hits 5% upper circuit as firm forays into EV space

As part of the deal, RattanIndia Enterprises will have 50 per cent board presence in Revolt Intellicorp and Rajiv Rattan will be chairman of the board of Revolt

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RIL gains 2% on report co discusses stake sale with Aramco; up 7% this week

According to a report by Financial Times, RIL has held talks with Saudi Aramco on a cash and share deal for sale of a 20 per cent stake in its oil refining and petrochemical arm

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Samsung unveils Galaxy Book Pro laptops with 11th Gen Intel Core processors

Samsung Electronics on Wednesday unveiled two new laptops, Galaxy Book Pro and Galaxy Book Pro 360, under its Galaxy Book Pro series

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PNB HF eyes single digit growth in AUM, 15-16% in disbursement in FY22

The Delhi-based mortgage lender's AUM shrank from Rs 83,346 crore as on March 31, 2020 to Rs 74,470 crore as on March 31, 2021

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S&P downgrades Future Retail's issuer credit rating on debt recast

The rating agency might look at an upgrade after liquidity review

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S&P downgrades Future Retail's issuer credit rating on debt recast

The rating agency might look at an upgrade after liquidity review

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Stocks to watch: HUL, Bajaj Auto, RIL, Tata Communications, Titan, SIS

Analysts expect HUL to post high double-digit growth in both net profit and revenues of the company on a yearly basis

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US tells citizens to leave India as Covid-19 overwhelms hospitals

Department of State issues its highest travel advisory, asks citizens not to travel to India.

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MARKET LIVE: SGX Nifty surges over 100 pts; RIL, HUL, Bajaj Auto in focus

LIVE market update: Volatility could mark the session on account of the April F&O expiry

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MARKET LIVE: SGX Nifty surges over 100 pts; RIL, HUL, Bajaj Auto in focus

LIVE market update: Volatility could mark the session on account of the April F&O expiry

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China 'closing in fast,' Biden warns Congress, asks for $1.8 tn in spending

Biden appeared in the chamber of the U.S. House of Representatives at an event scaled back this year because of the pandemic

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Joe Biden declares US 'on the move again' in first speech to Congress

President Joe Biden argued in his first speech to Congress on Wednesday that he had restored Americans' faith in democracy nearly 100 days after he succeeded Donald Trump in office

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IPO Street: Zomato proposed offering ranks third on the league table

The largest-ever fresh fundraising through an IPO was by Reliance Power at Rs 10,123 crore in 2008

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Rally in commodities still has plenty of room to run: Goldman and UBS

Raw materials are likely to surge 13.5 per cent in the next six months

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West Bengal election 2021 LIVE: Phase 8 polling begins; exit poll at 7 pm

West Bengal Election Exit poll 2021 LIVE updates: Stay tuned for West Bengal election Phase 8 polling and result 2021

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US to deliver aid worth $100 mn to India, first flight to land on Thursday

The United States will be delivering Covid-19 relief materials worth over $100 million to India in the coming days, the White House said

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Coronavirus LIVE: India records 379,459 fresh cases; Karnataka 39,047

Coronavirus live updates | Statewise list of fresh Covid-19 cases: Maharashtra 63,309, Karnataka 39,047, Kerala 35,013, Uttar Pradesh 29,824, and Delhi 26,000 cases. Stay tuned for corona-related news

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Saudis in Talks to Sell Aramco Stake to Global Energy Firm

The kingdom is looking at the potential sale -- which could be worth about $19 billion, based on the company's market value -- as a way to lock in customer demand for the country's crude

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CoWIN portal sees huge rush on Day 1 of registration for those aged 18-45

More than 8.7 million people enrolled themselves for the much-awaited jab

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Some states likely to miss May 1 launch of vaccine for those above 18 years

Maharashtra, Punjab, Andhra Pradesh cite supply constraints from manufacturers

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Global Enterprises ramp-up efforts to ensure well-being of staff in India

Global enterprises like IBM and Amazon have significantly ramped up efforts - including setting up vaccination drives and offering paid leaves and insurance

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Air India, BPCL sale may be delayed but will get completed by FY22

Govt expects no change in disinvestment proceeds

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Eye movements of those with dyslexia reveal laborious and inefficient reading strategies

A new article used eye-tracking technology to record eye movements of readers and concluded that people with dyslexia have a profoundly different and much more difficult way of sampling visual information than normal readers.

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Tuesday, April 27, 2021

Stocks to watch: Axis Bank, Britannia, Bajaj Finance, Info Edge, HDFC AMC

FMCG major Britannia Industries reported a 3 per cent YoY decline in consolidated net profit at Rs 360.07 crore in the fourth quarter ended March 31

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Nifty outlook and trading ideas by HDFC Sec: Buy SBI, Glenmark Pharma

On Tuesday, the stock of SBI has given breakout from the downward sloping trend line

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Trading ideas by Ajit Mishra of Religare Broking: Buy Divi's Labs, Nalco

Most metal stocks are trading at their record highs and showing no sign of slowing down

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Covid-19 risk greater if passengers board flight back to front, says study

Back-to-front boarding is also twice as risky as letting passengers on at random.

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MARKET LIVE: Indices likely to start higher; Axis Bank, Britannia in focus

LIVE market update: At 7.40 am, SGX Nifty was ruling 23 points higher at 14,682

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Microsoft sales grow on cloud strength, shares dip on heightened valuation

Net profit had included a favorable $620 million tax benefit from court rulings in India

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Four patients die in fire at private hospital in Maharashtra's Thane

At least three patients died in a fire at a private hospital near Thane in the wee hours of Wednesday, an official said

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Coronavirus LIVE: India records 362,902 new cases; Maharashtra 66,358

Coronavirus live updates | Statewise list of fresh Covid-19 cases: Maharashtra 66,358, Uttar Pradesh 32,921, Kerala 32,819, Karnataka 31,830 and Delhi 24,149 cases. Stay tuned for corona-related news

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Joe Biden to propose tax hikes, $80 billion for audits of the rich

The measures will be key elements to offset the cost of Biden's "American Families Plan" that he's set to unveil in a speech to Congress

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Copper surges toward $10,000 as bulls swarm in to profits on global rebound

Producers worry that plans to boost mining royalties could stifle investment and make the country less competitive

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Investors oppose Nippon Asset Management chief's remuneration offer

About 83 per cent, or 28.6 million of the 34.47 million votes polled by the public institution opted "against" the special resolution

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Tamilnad Mercantile Bank plans IPO of up to Rs 1,200 crore this fiscal

The Tamilnad Mercantile Bank will turn 100 this year

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Hathway share sale oversubscribed, to help promoters meet 25% holding norms

The 205-million share offering (11.61% equity stake) attracted bids for 279 million shares with both retail and non-retail portion getting oversubscribed

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Russia fines Apple $12 million for alleged abuse of dominance in app market

Apple said it "respectfully disagreed" with the FAS ruling and that it would appeal it

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Info Edge to sell stake worth Rs 7.5 billion in proposed Zomato IPO

Info Edge on Tuesday said it will sell stake worth Rs 7.5 billion in the initial public offering (IPO) of its investee company Zomato

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Info Edge to sell stake worth Rs 7.5 billion in proposed Zomato IPO

Info Edge on Tuesday said it will sell stake worth Rs 7.5 billion in the initial public offering (IPO) of its investee company Zomato

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NBFCs seek fresh debt recast as Covid-19 second wave wreaks havoc

Those who had availed themselves of the recast earlier should get a second chance, the Finance Industry Development Council said in a letter to the RBI

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MSMEs urge FM Nirmala Sitharaman to review NPA classification norms

In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs

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India's Covaxin vaccine 'very important antidote' against Covid: Dr Fauci

Covaxin works by teaching the immune system to make antibodies against the SARS-CoV-2 coronavirus, NYT reports separately.

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Vaccines are not out of stock, no shortages in states: Health ministry

The data showed that 150 million doses had been given to the states so far, of which 10 million were still available with them.

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Positive start to Q4 corporate earnings; combined net profit 36.2%

Earnings growth in the early-bird sample has been driven BY banks and iron & steel companies.

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Return unused Covid-19 vaccine stock, govt tells private hospitals

Leading facilities in Mumbai, Delhi, Bengaluru have got communication in this regard

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Researchers identify protein produced after stroke that triggers neurodegeneration

Researchers have identified a new protein implicated in cell death that provides a potential therapeutic target that could prevent or delay the progress of neurodegenerative diseases following a stroke.

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Monday, April 26, 2021

Covid:19: Australia suspends passenger flights from India until May 15

Australia on Tuesday suspended all direct passenger flights from India for the next three weeks due to the unprecedented spike in Covid-19 cases, Prime Minister Scott Morrison said

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Assembly polls: EC bans victory processions on or after counting of votes

The Election Commission on Tuesday banned all victory processions on or after counting of votes in states where assembly polls were held, sources said citing an order

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SBI Card Q4 results miss Street estimates; what should investors do now?

Analysts believe that the superior valuations of SBI Card and Payment stock would likely hold despite the near-term challenges

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Tech Mahindra slips post March quarter results; brokerages mixed on stock

The brokerages held mixed views on the stock post the March quarter performance, ranging from 'Buy' to 'Sell'

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Tesla logs $10.4 bn in sales in Jan-Mar 2021, makes $101 mn in Bitcoin

Before it starts India operations this year, Tesla has reported $10.3 billion in sales and net income of $438 million in the first quarter of 2021

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JSPL board okays divestment in Jindal Power to Worldone for Rs 30.15 bn

Jindal Power and Steel (JSPL) on Tuesday said its board has approved divesting its entire equity interest in Jindal Power to Worldone, a promoter group company, for Rs 30.15 billion

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HDFC Life slips in a firm market amid profit booking post Q4 results

Analysts at Kotak Institutional Equities believe HDFC Life's rich valuation caps its upside

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Stocks to watch: TechM, SBI Card, Axis Bank, Maruti, Britannia, TaMo

State-owned power giant NTPC has invited expression of interest (EoI) for the sale of desalinated water produced at its joint venture project NTECL Vallur in Tamil Nadu

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Trading ideas by Bharat Gala of Ventura Sec: Buy Thermax, CCL Products

From 740 in November 2020, Thermax entered an uptrend, making several higher bottoms at 880-940-1140

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Top stock ideas from Anand Rathi: Buy Hero Moto, Welspun Corp

Off late, the private banks have underperformed but they are showing signs of base formation

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CEOs of 40 US companies create global task force to help India fight Covid

In a show of solidarity, CEOs of some 40 top American companies have come together to create a global task force to mobilise resources to help India fight the battle against Covid-19

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Medical oxygen is key to Covid fight, but once it used to be quack remedy

Supplemental oxygen makes the difference between life and death for many Covid-19 patients.

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MARKET LIVE: Global cues, Q4 nos to guide indices; Tech M, Maruti in focus

LIVE market update: At 7.40 am, SGX Nifty was ruling 2 points up at 14,490

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MARKET LIVE: Global cues, Q4 nos to guide indices; Tech M, Maruti in focus

LIVE market update: At 7.40 am, SGX Nifty was ruling 2 points up at 14,490

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In a nation of inequalities, India's vaccine strategy is bad economics

Free, universal access to inoculation could prepare India better for a third Covid-19 resurgence.

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World Health Organization reserves judgement on Indian coronavirus variant

The World Health Organization (WHO) has warned against jumping to conclusions about a new coronavirus variant discovered in India, saying it had not yet classified it as worrying

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Delhi to use Ashoka Hotel as Covid-19 health facility for HC judges, staff

The authorities have directed for converting 100 rooms of Ashoka Hotel in Lutyens' Delhi into a Covid-19 health facility for high court judges, judicial staff and their families

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RBI fixes private bank MD, CEO tenures at 15 years; compliance by Oct 1

The rules apply to private banks, small finance banks, and wholly owned subsidiaries of foreign banks.

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Copper climbs to highest in 10 years as global recovery powers metals

Copper, a bellwether for the global economy, rose as much as 2.4% to $9,780 per tonne in London

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MFs struggle to crack B30 code, shares remain in 15-17% range of AUM

Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors

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Our deal pipeline at present is the best in last few years: Tech Mahindra

The company's MD & CEO C P Gurnani and president (BFSI, HLS and corporate development) Vivek Agarwal talk to Shivani Shinde on the business momentum and M&A pace

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Arohan Financial Services, Dodla Dairy get Sebi's go ahead for IPO

Dodla Dairy is a leading dairy company in South India

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Coronavirus LIVE: India records 319,435 cases, 2,764 deaths in last 24 hrs

Coronavirus live updates: India cases stand at 17,625,735. Six most affected states are Maharashtra, Kerala, Karnataka, Uttar Pradesh, Tamil Nadu and Delhi. Stay tuned for corona-related news

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Sunday, April 25, 2021

Britannia Q4 preview: Here's what to look out for in the numbers

Analysts forecast a high, single-digit growth in sales volume along with up to 25 per cent YoY growth in net profit for the FMCG giant

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Britannia Q4 preview: Here's what to look out for in the numbers

Analysts forecast a high, single-digit growth in sales volume along with up to 25 per cent YoY growth in net profit for the FMCG giant

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Different Strokes in the Second Wave

How the second wave of Covid-19 has been different, why this has eroded states' capacity and triggered a new kind of vaccine politics, and what corrective policy steps are needed now

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Stocks to watch: Tech Mahindra, ICICI Bank, HCL Tech, Hathway Cable

Tech Mahindra is likely to post modest revenue growth in the fourth quarter of the financial year 2020-21, believe analysts

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Centre will give 50% vaccines from its quota to states, UTs: Harsh Vardhan

Union Health Minister Harsh Vardhan has clarified on the issue of vaccines after concerns were raised from various quarters including the Congress. The clarification came on late Sunday night

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'Will get there soon': Ronnie Screwvala's UpGrad heads for $1 bn valuation

Entrepreneur says his upskilling startup is targeting $2 billion in revenue by 2026.

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Nifty outlook & stock picks by Sameet Chavan: Buy Aarti Inds, sell Escorts

For Nifty, the immediate resistance zone can be seen around 14,575-14,650, where a sustainable move beyond 14,650 would negate the possibility of further correction

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'Will get there soon': Ronnie Screwvala's UpGrad heads for $1 bn valuation

Entrepreneur says his upskilling startup is targeting $2 billion in revenue by 2026.

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HDFC, RITES: Stock picks by Vaishali Parekh of Prabhudas Lilladher

We anticipate for further upside movement in the coming days in HDFC and RITES stocks

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MARKET LIVE: SGX Nifty jumps 100 pts; Tech M, HCL Tech, ICICI Bank in focus

LIVE market updates: Tech M, SBI Card, and HDFC Life are among the 15 companies that are scheduled to announce their quarterly numbers today

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MARKET LIVE: SGX Nifty jumps 100 pts; Tech M, HCL Tech, ICICI Bank in focus

LIVE market updates: Tech M, SBI Card, and HDFC Life are among the 15 companies that are scheduled to announce their quarterly numbers today

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Tata vs Mistry: Shapoorji Pallonji Group files review petition in SC

In its March 26 judgement, Supreme Court had ruled in favour of the Tata Group

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Tata vs Mistry: Shapoorji Pallonji Group files review petition in SC

In its March 26 judgement, Supreme Court had ruled in favour of the Tata Group

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Covid-19 crisis: 5 tonnes of oxygen concentrators dispatched from US

Air India's A102 is transporting five tonnes (5000kg) of oxygen concentrators as cargo from the John F. Kennedy International Airport in New York and is scheduled to land in Delhi by Monday noon

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Tata vs Mistry: Shapoorji Pallonji Group files review petition in SC

In its March 26 judgement, Supreme Court had ruled in favour of the Tata Group

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Coronavirus LIVE: India records 354,531 cases, 2,806 deaths in last 24 hrs

Coronavirus live updates: India cases stand at 16,602,456. Doctors at AIIMS have found that one patient is now infecting up to nine in 10 contacts. Stay tuned for corona-related news

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West Bengal election 2021 LIVE updates: Phase 7 polling begins in 34 seats

West Bengal election live updates: All eyes will be on Bhabanipur constituency, of which TMC supremo Mamata Banerjee is the sitting MLA and a resident. Stay tuned for Bengal election latest updates

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TechM Q4 preview: Analysts see 52-59% YoY rise in PAT, muted revenue rise

Meanwhile, the investor focus will be on the deal wins, the outlook of communication vertical and 5G opportunity, timelines of wage hikes in FY22 and capital return during the Q4 results announcement

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Covid-19 second wave: BJP CMs favour lockdown disguised as curfew

This despite the prime minister suggesting such a move be the last resort to curb the spread of Covid-19

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CEO pay remains stratospheric, even at companies battered by pandemic

While millions of people struggled to make ends meet, many of the companies hit hardest in 2020 showered their executives with riches

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Home appliance companies seek a place on the list of essential items

This follows similar demands by smartphone and laptop makers

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Amid Covid-19 second wave, Centre may not weigh in on 'essential' debate

Will let states define what kind of e-com deliveries will be allowed

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State govts begin vaccine price negotiations, eye Rs 150 per dose

States would have to fund procurement from their own budgets and bridge funding from the Centre is unlikely

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Tamil Nadu CM urges PM to halt diversion of oxygen to Andhra, Telangana

Eighty metric tonnes of liquid oxygen has been diverted to Andhra Pradesh and Telangana and this should be halted in view of increase in oxygen demand

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Govt asks major ports to waive all charges for ships carrying oxygen

Port chairpersons have been asked to personally supervise logistic operations to ensure unhindered movement of such consignments

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GoAir bets on ultra-low-cost carrier model to consolidate market position

As the airline sector grapples with the second Covid-19 wave, Wadias-promoted GoAir has set its sights on a major expansion drive in terms of network

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IPL 2021 LIVE TOSS UPDATES, CSK vs RCB: Coin flip at 3 pm IST today

The live toss for Chennai Super Kings (CSK) vs Royal Challengers Bangalore (RCB) IPL match will take place at 3:00 pm IST today. Check CSK vs RCB live playing 11 and toss updates here

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World Coronavirus Dispatch: Can herd immunity really be achieved?

Africa's slow vaccine drive is threatened as India supplies stop, Biggest drop in Chinese marriages in decades and other pandemic-related news across the globe

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Lockdown in Delhi extended by another week amid Covid surge: CM Kejriwal

The lockdown imposed on April 19 night will now continue till 5 AM on May 3

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PMO says 551 oxygen generation plants to be set up through PM Cares Fund

As many as 551 dedicated pressure swing Adsorption (PSA) medical oxygen generation plants will be set up inside public health facilities across the country

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Second Covid-19 wave testing India's 'capacity to bear pain': Modi

India on Sunday reported 349,691 new coronavirus infections, taking the total to 16,960,172.

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Saturday, April 24, 2021

Covid-19 impact: FPIs pull out Rs 7,622 from Indian markets so far in April

This comes amid a surge in Covid-19 cases and the consequent restrictions imposed by various states dent investors' sentiment

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US will rapidly deploy additional support to India amid Covid jump: Blinken

The US will rapidly deploy additional support to India and its health care heroes amidst the horrific Covid-19 outbreak: Blinken

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MFs add 8.1 mn investors account in FY21, experts hopeful of growth

Experts hope that the healthy growth in folios would continue in the ongoing fiscal also

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Daily spike of over 349,000 new Covid cases in India, record 2,767 deaths

India’s active Covid-19 cases—people under treatment for the disease--has increased to 26,82,751

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Biden admin criticised for not releasing surplus Covid-19 vaccines to India

The Biden administration has come under criticism from several quarters

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Supreme Court judge Justice Shantanagoudar passes away at Gurugram hospital

Shantanagoudar was 63 years old

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Amid Covid crisis, Delhi's Ganga Ram Hospital receives 5 tons of oxygen

Medical oxygen is in short supply across the country

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Manchester United price tag set at 4 billion pounds, says report

The Glazers' 16-year control of Manchester United has been controversial since they took over after an acrimonious 790 million-pound battle.

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Covid vaccine shortage holds emerging markets back from global rally

Some investors are looking past the latest surge in cases, betting that vaccines will proliferate in the developing world.

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Covaxin to cost Rs 1,200 per dose for private hospitals, Rs 600 for states

Bharat Biotech noted that the manufacturing process was expensive due to low process yields, and that it was important to recover costs to invest in future R&D

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Oxygen shortage in Delhi hospital, over 50 patients in need of supply

Delhi's Penatamed Hospital on Saturday reported a severe oxygen shortage

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Chinese billionaire's net worth tumbles $10 bn after Archegos implosion

The billionaire's online tutoring firm, GSX Techedu Inc., has been battered in the stock market

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Indonesia navy declares missing submarine with 53 people aboard sunk

Indonesia's navy has declared its missing submarine had sunk and cracked open after finding items from the vessel over the past two days

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World's fastest recovery outlook at risk as coronavirus sweeps India

The reluctance by economists to revisit growth forecasts just yet possibly stems from expectations for the crisis to blow over soon.

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Coronavirus LIVE: Hospitals beg for oxygen, Delhi HC pulls up govts

Coronavirus live updates: Bharat Biotech sets price for its Covaxin vaccine; Serum Institute defends the cost of its Covishield shot in the market.

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Only online registration for 18-45 age group to get Covid jab, says Centre

CoWIN platform is equipped to handle the complexities of the new phase of vaccination starting from May 1, a Central govt official told states at a high-level meeting

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DATA STORY: With 346,786 new Covid cases, 2,674 deaths, India reports its worst numbers yet

India has so far vaccinated 138,379,832 people. That is 833.01 per cent of its total caseload, and 9.95 per cent of its population

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Biological E to start phase 3 clinical trials of its Covid-19 vaccine soon

The phase III clinical study, to be conducted in 15 sites across India, will evaluate the immunogenicity and safety of Biological E's vaccine candidate in 1,268 healthy subjects

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Oxygen crisis: ITC ties up with Linde India to import cryogenic containers

Diversified group ITC on Saturday said it has tied up with Linde India Ltd to import 24 cryogenic containers to transport medical oxygen

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Amid Covid surge, Centre scraps customs duty on import of vaccines, oxygen

At a high-level meeting chaired by PM Modi, it was also decided that basic customs duty on import of Covid vaccines be exempted for 3 months

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Uttarakhand glacier burst: 8 killed, 384 rescued; rescue operation underway

384 persons have been rescued so far while six of them are critical and currently under medical treatment, a day after a glacier burst incident took place in Sumna, Chamoli district, Uttarakhand

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Covid: Won't spare anyone who obstructs oxygen supply, says Delhi HC

The court told the Delhi govt to give it one instance of who was obstructing the oxygen supply and said 'we will hang that man'

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Covid-19 challenge bigger than last year, stop it from hitting villages: PM

Prime Minister Narendra Modi on Saturday said the Covid-19 challenge before the country now is bigger than the last year and it should be stopped from hitting villages "by all means"

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At 150,000 active Covid cases, Bengaluru is worst-hit Indian district

The Karnataka Task Advisory Committee on Covid has asked the state govt to impose stringent lockdown for at least 14 days

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20 patients die in Delhi's Jaipur Golden Hospital amid oxygen scarcity

The hospital received the last refill of oxygen around midnight, after hours of delay

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Justice N V Ramana sworn in as 48th Chief Justice of India by President

Justice Ramana took the oath at a brief ceremony held at Rashtrapati Bhawan

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Friday, April 23, 2021

Uttarakhand glacier burst: Indian Army rescues 291 in Neeti Valley

Rescue operations are still in progress to search for the persons still trapped under snow or stranded at worksites since late evening

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CBI books ex-Maharashtra Home Min Anil Deshmukh over bribery allegations

The probe agency had carried out a preliminary enquiry on the orders of Bombay High Court to look into the allegations against him levelled by former Mumbai Police Commissioner Param Bir Singh

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How India's devastating 2nd coronavirus wave has hit its urban affluent

The affluent cities of Mumbai and Pune account for almost 30% of Maharashtra state's active cases while housing 14% of its population

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Pressure on Biden admin to ship AstraZeneca vaccine, supplies to India

Congresswoman Rashida Talib tweeted that the Covid-19 crisis in India is a harsh reminder that the pandemic is not over until the whole world is safe

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Coronavirus LIVE: India records 345,147 cases, 2,621 deaths in last 24 hrs

Coronavirus live updates: India cases stand at 16,602,456. Maharashtra, Kerala, Delhi, Karnataka, UP, Tamil Nadu and West Bengal remain among the worst-hit states. Stay tuned for corona-related news

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Appliance firms staring at brief production halt amid lockdown

Panasonic set to shut its Jhajjar plant for a week starting Monday

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RIL to pare stake in Hathway Cable; to launch Rs 442-crore OFS on April 26

Sebi rules prescribe that promoters cannot hold more than 75 per cent in a company

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Appliance firms staring at brief production halt amid lockdown

Panasonic set to shut its Jhajjar plant for a week starting Monday

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RIL to pare stake in Hathway Cable; to launch Rs 442-crore OFS on April 26

Sebi rules prescribe that promoters cannot hold more than 75 per cent in a company

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PM asks India Inc to step up oxygen supply, calls for united effort

He urged the industry to utilise tankers meant to transport other gases for oxygen supply

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Sustainability over salary for Indians amid Covid-19 pandemic: Study

Firms risk losing talent to more environmentally sustainable peers amid changing consumer sentiment

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Even a single vaccine dose cuts Covid-19 infection rate, new UK study finds

A single dose of either the Oxford/AstraZeneca or Pfizer/BioNTech vaccines, currently being administered in the UK, cut the rate of coronavirus infections by around 65%

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Thursday, April 22, 2021

Wipro pips HCL Tech in m-cap to become third most-valued Indian IT firm

At 09:37 am, Wipro's market-cap stood at Rs 2.65 trillion while that of HCL Technologies was Rs 2.62 trillion, BSE data shows

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Wipro pips HCL Tech in m-cap to become third most-valued Indian IT firm

At 09:37 am, Wipro's market-cap stood at Rs 2.65 trillion while that of HCL Technologies was Rs 2.62 trillion, BSE data shows

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Tata Elxsi surges 9%, hits new high on healthy March quarter results

The company announced a final dividend of Rs 24 per share for the year 2020-21 along with a one-time special dividend of Rs 24 per share, subject to tax

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Oxygen crisis: 25 Covid-19 patients die at Delhi's Sir Ganga Ram Hospital

Lives of another 60 such patients are at risk, officials said on Friday amid a serious oxygen crisis unfolding in the national capital

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Stocks to watch: HCL Tech, Torrent Power, Rallis India, Tata Elxsi, Infosys

Infrastructure investment trust IndiGrid on Thursday announced a public issue of non-convertible debt securities to raise up to Rs 1,000 crore

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Top trading ideas by Anand Rathi: Buy Bajaj Finance, DLF, Maruti

The recent correction in the markets dragged Bajaj Finance's from the high of Rs 5,800 towards Rs 4,400-mark

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Here is a Bull Spread Strategy on DLF by Nandish Shah of HDFC Securities

The short-term trend of the stock turned positive as stock price closed above its 5-day EMA, first time after 07-April 2021

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US: Joe Biden to float historic tax increase on investment gains for rich

The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda

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MARKET LIVE: Flat start likely amid weak global cues; HCL Tech Q4 nos today

LIVE market update: SGX Nifty was down 60 points at 14,343 at 7:30 AM.

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MARKET LIVE: Flat start likely amid weak global cues; HCL Tech Q4 nos today

LIVE market update: SGX Nifty was down 60 points at 14,343 at 7:30 AM.

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13 die as fire breaks out at Maharashtra hospital treating Covid patients

Images tweeted by news agency ANI showed patients being shifted away from the Vijay Vallabh Hospital.

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Banks must halve their dividends to conserve capital in view of Covid: RBI

Banks could pay maximum 50% of dividend from their profits in 2020-21; no cuch restriction on cooperative banks

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Govt steps in to counter oxygen crisis; MHA directs free movement

India has floated a global tender for procuring 50,000 tonnes of oxygen

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Even record death toll may hide extent of India's Covid-19 crisis

On Thursday, India blew past the global record of daily new infections with 314,835 new cases. With nearly 16 million cases in total, it is the second-worst affected nation in the world

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Dislocated priorities: Why profit motive can't defeat the pandemic in india

A country of 1.4 billion people needs a system to support their most basic need: survival

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Coronavirus LIVE: 13 Covid patients dead in fire at Maharashtra hospital

Coronavirus live updates: India cases stand at 16,257,309. UP, Bengal, Kerala, Gujarat report biggest single-day surge; PM Modi to chair high-level meetings today. Stay tuned for corona-related news

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Centre's disinvestment plan: A stress test for zombie steel plants

The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big players

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Centre's disinvestment plan: A stress test for zombie steel plants

The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big players

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PM avoids committing to deadlines on climate, says concrete action needed

Modi reiterated support for a joint US-India effort called the "India-US climate and clean energy Agenda 2030 partnership".

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PM avoids committing to deadlines on climate, says concrete action needed

Modi reiterated support for a joint US-India effort called the "India-US climate and clean energy Agenda 2030 partnership".

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Nifty turns 25: Here's how the index progressed from 1,000 to 14,000

The complexion of the index has undergone a drastic change since its inception.

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Lithium treats intellectual defects in mouse model of Bardet-Biedl Syndrome

Mice with symptoms that mimic Bardet-Biedl Syndrome (BBS) have difficulty with learning and generating new neurons in the hippocampus. However, according to a new study, these mental defects can be successfully treated with lithium.

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Pregnant women with COVID-19 face high mortality rate

In a worldwide study of 2,100 pregnant women, those who contracted COVID-19 during pregnancy were 20 times more likely to die than those who did not contract the virus.

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Wednesday, April 21, 2021

Swaraj Engines surges 8% on strong March quarter results, dividend bounty

The company announced a total dividend of Rs 69 per share for the financial year 2020-21, including a special dividend of Rs 19 per share

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Panacea Biotech stock hits over 12-year high; zooms 83% thus far in April

Serum Institute of India Private Limited, the world's largest vaccine manufacturer by number of doses produced and sold globally, held 4.98 per cent stake in Panacea Biotech

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India's 'casino' type midcap rally amid Covid may be poised for a break

The S&P BSE Midcap Index has outperformed the benchmark S&P BSE Sensex Index in all but five months since the end of 2019

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India didn't plan; now Covid spike is sucking the oxygen out of its people

People risk not having access to a life-saving element as country struggles to cope with nearly 300,000 new daily coronavirus cases.

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Credit Suisse had more than $20 billion exposure to Archegos investments

Credit Suisse Group had more than $20 billion of exposure to investments related to Archegos Capital Management and struggled to monitor them before the fund had to liquidate many large positions

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'Unlikely to see the same quantum of correction witnessed in March 2020'

The key risk to markets would be more domestic in nature due to the second Covid wave, which may impact the pace of economic recovery, Sampath Reddy, CIO, Bajaj Allianz Life Insurance said

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Stocks to watch: Nestle India, Hero Moto, ICICI Securities, Cyient, Lupin

Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22

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Sitaram Yechury's elder son Ashish dies of Covid-19 in Gurgaon hospital

CPI(M) general secretary Sitaram Yechury on Thursday said his elder son Ashish died of COVID-19 in the morning. Ashish, who would have turned 35 on June 9, was recovering well at Gurgaon's Medanta Hospital, people close to the family added, ...

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Exit trading longs below 14,190 in Nifty: Vinay Rajani, HDFC Securities

The sustained level below 14,190 could drag Nifty towards 13,600-odd levels

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Britain's Heathrow Airport turns down requests for extra flights from India

The move by Britain comes after it detected more than 100 cases of a coronavirus variant first identified in India, Health Minister Matt Hancock said on Monday

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UK-based fintech start-up Revolut to hire 300 staff for India support hub

The company also appointed Paroma Chatterjee, a former executive at Lendingkart and Via.com among other companies, as its chief executive in India, Revolut said

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MARKET LIVE: Indices may start weak; Pharma stocks, Nestle in focus

LIVE market update: Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22

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MARKET LIVE: Indices may start weak; Pharma stocks, Nestle in focus

LIVE market update: Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22

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'Please help!' India's Covid-19 tragedy spills onto social media

Twitter, Facebook, Instagram, WhatsApp and Telegram inundated with messages begging for hospital beds, medicines.

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IPO market likely to stay bullish in June quarter, Covid to weigh: EY

India had 22 IPOs worth $2.6 bn in Q1 of Calendar 2021 versus 12 IPOs at the same time last year, was ranked ninth globally on number of offerings for the quarter

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Why climate change is driving some to skip having kids

A new study finds that overconsumption, overpopulation and uncertainty about the future are among the top concerns of those who say climate change is affecting their reproductive decision-making.

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Improved management of farmed peatlands could cut 500 million tons CO2

Substantial cuts in global greenhouse gas emissions could be achieved by raising water levels in agricultural peatlands, according to a new study in the journal Nature. A team of researchers led by the UK Centre for Ecology & Hydrology estimates halving drainage depths in these areas could cut emissions by around 500 million tonnes of carbon dioxide (CO2) a year, which equates to 1 per cent of all global greenhouse gas emissions caused by human activities.

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Coronavirus LIVE: India logs 315,802 new cases; Maharashtra tightens curbs

Coronavirus live updates: India has added 1,737,683 Covid cases in the last 7 days. Stricter curbs in Maharashtra from today. Stay tuned for corona-related news

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West Bengal election 2021 LIVE: Phase 6 polling begins in 43 seats

West Bengal election live updates: Prominent names in the sixth phase of the Assembly polls include BJP's national vice president Mukul Roy. Stay tuned for Bengal election latest updates

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Covid shaves off a 5th of ONGC capex in FY21; downstream firms exceed target

Coronavirus-related restrictions delayed ONGC projects but fuel marketers like IOC exceeded targeted capital spending, a government report showed

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India could get its fourth vaccine by August, says NITI Aayog's V K Paul

Hyderabad-based Biological E's candidate has completed its phase one and two trials and is about to enter stage three

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Mice master complex thinking with a remarkable capacity for abstraction

Categorization is the brain's tool to organize nearly everything we encounter in our daily lives. Grouping information into categories simplifies our complex world and helps us to react quickly and effectively to new experiences. Scientists have now shown that also mice categorize surprisingly well. The researchers identified neurons encoding learned categories and thereby demonstrated how abstract information is represented at the neuronal level.

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Wildfire smoke linked to skin disease

Wildfire smoke can trigger a host of respiratory and cardiovascular symptoms, ranging from runny nose and cough to a potentially life-threatening heart attack or stroke. A new study suggests that the dangers posed by wildfire smoke may also extend to the largest organ in the human body, and our first line of defense against outside threat: the skin.

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Centre's Covid-19 vaccine strategy 'abject failure': Priyanka Gandhi

Gandhi slammed the government's alleged lack of preparedness to deal with the Covid-19 second wave

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Discoms overdues falls by over Rs 151 bn to Rs 740 bn in Mar: Report

The outstanding overdues of power distribution utilities fell by over Rs 15,118 crore to Rs 74,510 crore in March this year, as compared to the preceding month, according to PFC Consulting Ltd data

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HCL Infosystems names Alok Sahu as CFO; to succeed Kapil Kapur

HCL Infosystems on Wednesday said its Chief Financial Officer Kapil Kapur has resigned from the company. The company's Board of Directors has named Alok Sahu to succeed Kapur for the position of CFO with effect from June 1, 2021, a regulatory filing said. "... we submit that Mr KapilKapur, CFO of the company has informed the company about his resignation from the said position with the company with effect from the closing hours of May 31, 2021 to pursue other opportunities & interests," it said. Alok Sahu, a chartered accountant by profession, is a finance professional who has over 25years of experience in spearheading financial and accounting functions, the filing said. He has been associated withHCL Infosystems since 1995.

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States to get Covishield vaccine at Rs 400, pvt hospitals at Rs 600 a dose

Serum said its vaccine, which it manufactures as a partner of Britain's AstraZeneca, is "affordable to any other" in the world

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Pankaj Gupta quits as Google Pay engineering head to join US crypto firm

Executive says he will build Coinbase's technology hub in India 'from scratch', hire people

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DCB Bank acquires equity stake in Bengaluru-based Techfino Capital

DCB Bank Limited announced on Wednesday that it has acquired a minority equity stake of approximately 9% in Bengaluru-based NBFC company Techfino Capital Private Limited

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Tuesday, April 20, 2021

Indian variant still under investigation in UK, not yet of concern: PM

UK Prime Minister Boris Johnson was on Tuesday forced to defend what has been widely dubbed a delayed cancellation of his visit to India next week

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Covid-19: India records highest-ever single-day spike with 2,95,041 cases

2,95,041 new Covid-19 cases and over 2,000 deaths were reported in India on Wednesday, a record-high since the pandemic broke out last year

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European Super League collapses after the 6 English clubs withdraw

The Super League collapsed before a ball was kicked in the European breakaway competition after being abandoned by the six English clubs, leaving the Spanish and Italian participants stranded.

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Life insurance giant LIC earns Rs 1.84 trillion in new premium in FY21

One of Asia's life insurance giants, Life Insurance Corporation of India (LIC) closed last fiscal with a new business premium or first year premium of Rs 1.84 trillion, the company said

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Modi praises Tata Group's 'compassionate gesture' in India's oxygen crisis

Some major government and private hospitals in Delhi received fresh stock of medical oxygen in the early hours of Wednesday

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Modi praises Tata Group's 'compassionate gesture' in India's oxygen crisis

Some major government and private hospitals in Delhi received fresh stock of medical oxygen in the early hours of Wednesday

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There will be no herd immunity against Covid without vaccinating children

The alternative to vaccinating children is to let Covid-19 linger, as measles has

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Netflix plunges after Covid pandemic boom shudders to near-halt in Q1 FY21

The streaming service added far fewer new customers than Wall Street expected in the first three months of 2021

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Apple packs iPad Pros, iMacs with M1 chips and jumps into tracking tags

The announcements show how the iPhone maker is accelerating the expansion of its product portfolio and working to keep customers committed to its family of devices

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Apple packs iPad Pros, iMacs with M1 chips and jumps into tracking tags

The announcements show how the iPhone maker is accelerating the expansion of its product portfolio and working to keep customers committed to its family of devices

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Latest news LIVE: Ex-cop Derek Chauvin convicted of George Floyd's murder

Chauvin was found guilty on all charges: second-degree unintentional murder, third-degree murder and second-degree manslaughter. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India records nearly 300,000 new cases amid oxygen crisis

Coronavirus live updates: India has added 1,628,641 Covid cases in the last 7 days. CM Uddhav Thackeray is likely to take a call on lockdown in Maharashtra today. Stay tuned for corona-related news

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Govt drops import duty on remdesivir ingredient, injections for Covid-19

Remdesivir is being used to treat Covid-19 patients, jacking up its demand.

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Crude oil jumps above $64, marking one year of crash below zero

West Texas Intermediate advanced 1.3 per cent, adding to Monday's modest climb as the dollar weakened, while production in Libya fell below 1 million barrels a day amid a budget dispute

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India's digital backbone for vaccination is remarkable: Nandan Nilekani

Says India is the only nation where anyone gets a digital vaccination certificate immediately. This can be printed, can be on one's smartphone or in the Digital Locker, and is QR coded

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Aditya Birla MF files IPO document with Sebi; issue size Rs 2,000 cr

Through the maiden offering Canadian firm Sun Life Financial will divest its 12.56% holding, while Aditya Birla Capital will sell a little less than 1%

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Disrupted sleep is linked to increased risk of early death, particularly in women

For the first time, a study has shown a clear link between the frequency and duration of unconscious wakefulness during night-time sleep and an increased risk of dying from diseases of the heart and blood vessels, and death from any cause, particularly in women.

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Monday, April 19, 2021

DATA STORY: India's active Covid cases go past 200,000; recovery rate down at 85.56%

India has so far vaccinated 127,129,113 people. That is 830.11 per cent of its total caseload, and 9.1405 per cent of its population

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ICICI Prudential surges 10% on strong performance in March quarter

The company posted a 23 per cent year-on-year growth in new business premium during the January-March quarter (Q4FY21), led by steady traction in both regular and single premium business

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Aditya Birla Sun Life AMC files DRHP with Sebi

The board of Aditya Birla Capital on April 14 had approved the IPO of Aditya Birla Sun Life AMC

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Unsure whether vaccines are effective against Indian Covid-19 variant: UK

British Health Secretary Matt Hancock said he cannot give any assurances that the current vaccines the UK will be as effective against the new variant of the virus that originated in India

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Stocks to watch: TechM, ACC, Nestle India, 5paisa, Caplin Point, ICICI Pru

Ace investor Ashish Kacholia increased stake in Caplin Point from 1.08 per cent as of December 2020 to 1.16 per cent as of March 2021

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IBM quarterly sales growth highest in over two years on cloud strength

Excluding items, the company earned $1.77 per share, beating market expectation of $1.63

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Top trading recommendations by Anand Rathi: Buy Dr Reddy's Labs, Bata India

The price pattern is very strong on the technical parameters and Dr Reddy's Labs could outperform once there is more clarification on the developments of vaccine

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India to waive import duty on coronavirus vaccines, says government source

The Indian government currently regulates the sale and purchase of all coronavirus shots in the country

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OMCs keep petrol, diesel prices unchanged for fifth consecutive day

BPCL has started the supply of medical grade oxygen to hospitals at 'no cost' in the view of shortage impacting critical patients of Covid-19

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Gold price today at Rs 50,620 per 10 gm, silver trending at Rs 69,200 a kg

In New Delhi, the price of 22-carat gold is at Rs 46,400 per 10 gm, while in Chennai it fell to Rs 44,950

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J&J, other drugmakers go to trial in US in $50 bn case over opioid abuse

J&J, Teva Pharmaceutical Industries Ltd, Endo International Plc and AbbVie's Allergan unit are alleged of fueling a drug crisis that according to the US government resulted in nearly 500,00 deaths

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MARKET LIVE: SGX Nifty signals a positive start for Sensex, Nifty

LIVE market: A total of nine companies, including Nestle India, Tata Steel Long Products, and Welspun Investments and Commercials are scheduled to release their quarterly earnings today

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India hopeful US will soon end curbs on Covid vaccine raw materials export

The White House has invoked the wartime powers of the Defense Production Act to preserve vaccine raw materials for its own companies

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Coronavirus: US advises its citizens to avoid travelling to India

US' Centers for Disease Control and Prevention (CDC) had advised its citizens to avoid travelling to India amid a massive surge in Covid-19 cases in the country

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Covid-19 could be deadlier in 2021: Look at what's happening in India

As caseloads push medical facilities toward capacity, the country's health system itself is starting to crack

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US Capitol violence: Apple signals return of social app Parler in App store

Apple said it has reached an agreement with the right-wing social app Parler that could lead to its reinstatement in the company's app store

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Coronavirus LIVE: India records 256,947 new cases, death toll hits 180,550

Coronavirus live updates: India has added 1,532,388 Covid cases in the last 7 days, followed by the US (493,159) and Brazil (460,528). Stay tuned for corona-related news

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Serum, Bharat Biotech to get suppliers' credit for 300 mn Covid-19 doses

Govt okays Rs 4,500 cr upfront payment for 300 mn doses

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Govt fast-tracks Covid-19 fight, to start vaccination for 18+ from May 1

States allowed to procure directly from manufacturers; open market supply permitted

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Texas police to seek Tesla vehicle crash data as Musk denies autopilot use

Police say evidence suggests there was nobody in the driver's seat of the Model S when it crashed and killed 2 persons.

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Indo-Pacific vision premised on Asean centrality: EAM S Jaishankar

Jaishankar said India's relationship with the ASEAN is a key pillar of its foreign policy and the foundation of its Act East Policy

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B cell activating factor possible key to hemophilia immune tolerance

A group of scientists have just made a key discovery that could prevent and eradicate immune responses that lead to treatment failure in about one-third of people with severe hemophilia A.

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Tiny implantable tool for light-sheet imaging of brain activity

Tools for optical imaging of brain activity in freely moving animals have considerable potential for expanding the scientific understanding of the brain. However, existing technologies for imaging brain activity with light have challenges. An international team of scientists has now developed an implantable probe for light-sheet imaging of the brain.

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Sunday, April 18, 2021

HDFC Bank: Credit card biz, Covid-19 second wave pose near-term threat

A fresh Covid wave can potentially disrupt the recovery of businesses hurting some sections of HDFC Bank's loan book, analysts say

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HDFC Bank: Credit card biz, Covid-19 second wave pose near-term threat

A fresh Covid wave can potentially disrupt the recovery of businesses hurting some sections of HDFC Bank's loan book, analysts say

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Nureca hits 10% upper circuit for second straight day; zooms 83% in 3 weeks

The company said the movement in volume / price of equity shares of the company is purely market-driven

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Manic Monday! Here's what led to a stock market crash today

Barring shares of Dr Reddy's Labs, all constituents of the 30-pack index traded in the red

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Manic Monday! Here's what led to a stock market crash today

Barring shares of Dr Reddy's Labs, all constituents of the 30-pack index traded in the red

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Financials under pressure; ICICI Bank, RBL Bank, IndusInd slip up to 7%

The first fortnight of April 2021 has been weak in terms of business (already down 20 per cent) due to lower working days and onset of an aggressive second wave of Covid-19 infections

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Macrotech Developers makes weak market debut, lists at 10% discount

Macrotech's IPO got decent subscription as the issue was subscribed 1.36 times

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Linde surges 10%, hits new high in a weak market; zooms 124% in 3 months

The company is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non-cryogenic air separation plants

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LIVE updates: UP Panchayat elections underway; focus on Lucknow, Varanasi

Over 30 million voters will decide the fate of the candidates in 20 districts of Uttar Pradesh. Stay tuned for Latest LIVE news

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Stocks to watch: Macrotech Developers, HDFC Bank, Mindtree, RCom, ACC

ICICI Lombard General Insurance Company reported 23 per cent YoY rise in net profit at Rs 346 crore for March quarter 2020-21

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HSBC top staff to hot desk at London HQ as bank scraps executive floor

CEO Noel Quinn and other senior managers have been kicked out of their offices on the 42nd-floor.

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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of HDFC AMC is moving above the 50-EMA level of 2,935 and is showing further strength

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Stock picks by Sameet Chavan: Buy Strides Pharma, sell Grasim

We finally witnessed a decisive price and volume breakout from the recent congestion zone in Strides Pharma

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HSBC top staff to hot desk at London HQ as bank scraps executive floor

CEO Noel Quinn and other senior managers have been kicked out of their offices on the 42nd-floor.

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Top trading ideas by Ventura Securities: Buy Bajaj Electricals, Mukund

All the stocks are trading above their respective important averages, indicating upward bias

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MARKET LIVE: SGX Nifty indicates gap-down opening; Macrotech to list today

LIVE market: ACC, ICICI Prudential Life Insurance Company, Bajaj Consumer Care, and CRISIL, are among the companies set to release quarterly numbers today

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Japan firms brace for further hit amid fears of new wave of Covid-19

Japan has so far seen far fewer Covid-19 cases than many Western countries, but concerns about a new wave of infections are rising fast

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Oil falls amid surging coronavirus infections in India, other countries

Oil prices fell on Monday amid mounting concerns that surging caseloads of coronavirus infections in India and other countries will lead to stronger measures and hit economic activity

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Why use muscle? Let a bot be the debt collector and never lose a customer

Like in most emerging markets, these last-mile hurdles pose a frustratingly complex challenge to India's creditors. They also increase the overall risk premium for rural advances

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Coronavirus LIVE: India records 275,306 cases in biggest single-day spike

Coronavirus live updates: India has added 1 million Covid-19 cases in the last four days alone. Bengal registered 8,419 new cases, Delhi 25,462 in the last 24 hrs. Stay tuned for corona-related news

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Two passengers killed as Tesla car with 'no one' driving crashes in Texas

One victim was found in the front passenger seat of a 2019 Model S and the other was in the rear.

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Govt limits industrial use of oxygen amid spike in Covid-19 cases

The decision to restrict the industrial usage of oxygen has been taken to meet the rising demand for medical oxygen

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Two passengers killed as Tesla car with 'no one' driving crashes in Texas

One victim was found in the front passenger seat of a 2019 Model S and the other was in the rear.

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Less than 100 ICU beds vacant in Delhi, situation worsening: Kejriwal

Chief Minister Arvind Kejriwal on Sunday said around 25,500 new COVID-19 cases have been reported in Delhi and the positivity rate has increased to nearly 30 per cent in the last 24 hours

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Gold imports up by 22.58% to $34.6 billion in 2020-21, CAD takes a beating

Gold imports, which have a bearing on the country's current account deficit (CAD), rose by 22.58 per cent to USD 34.6 billion (about Rs 2.54 trillion ) during 2020-21 due to increased domestic demand

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Future lenders approve debt restructuring; plan to be sent for approval

Lenders of the debt-ridden Future Retail Ltd have approved a plan to restructure the existing financial debt of the company under an RBI announced resolution framework for Covid-19 related stress

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Second Covid wave could spark greater economic uncertainty: Niti Aayog VC

India needs to prepare for "greater uncertainty" in terms of consumer as well as investor sentiments due to second wave, and government will respond with fiscal measures, Niti Aayog VC said

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Future Retail board approves resolution plan to restructure financial debt

The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coronavirus pandemic.

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JEE Mains entrance exam postponed amid surge in coronavirus cases

Engineering entrance exam JEE-Mains scheduled to be held from April 27-30 has been postponed in view of the Covid-19 situation, Union Education Minister Ramesh Pokhriyal 'Nishank' announced on Sunday

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Saturday, April 17, 2021

Lithium-ion battery maker Lohum to invest Rs 250 cr on capacity expansion

Lithium-ion battery pack manufacturer and recycling company Lohum plans to invest up to Rs 250 crore in the next three years to enhance its capacity

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Future Retail board approves resolution plan to restructure financial debt

The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coronavirus pandemic.

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India's passenger vehicle exports fall 39% in FY21 as Covid hits business

Most of the damage was done in the first six months of the last fiscal when lockdowns and supply chain disruption hurt exports.

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Mcap of 7 of India's top-10 valued firms tumbles over Rs 1.41 trillion

The market capitalisation of Infosys declined Rs 37,579.03 crore to Rs 5,76,275.68 crore.

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India reports 261,500 new Covid-19 cases, 1,501 deaths in 24 hours

India reported its highest-ever single-day spike of Covid-19 cases with over 261,500 new cases and more than 1,500 deaths in the last 24 hours, according to the Union Health Ministry on Sunday

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Mcap of 7 of India's top-10 valued firms tumbles over Rs 1.41 trillion

The market capitalisation of Infosys declined Rs 37,579.03 crore to Rs 5,76,275.68 crore.

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PM Modi to chair meeting to review Covid-19 situation in Varanasi

Prime Minister Narendra Modi will chair a meeting on Sunday to review the Covid-19 situation in Varanasi, his Lok Sabha constituency

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Raging Covid-19 pandemic isn't going to free up middle seats on planes

The risk of catching the virus onboard drops by 57% when middle seats are left unoccupied on planes, according to a study released Wednesda

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Delhi govt makes 14-day home quarantine mandatory for Kumbh returnees

The Delhi government has issued an order making it mandatory for all residents of Delhi who visit the Kumbh in Haridwar to quarantine themselves at home for fourteen days on return

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Alexei Navalny's doctor says Putin critic ''could die at any moment''

A doctor for imprisoned Russian opposition leader Alexei Navalny, who is in the third week of a hunger strike, says his health is deteriorating rapidly and the 44-year-old could be on verge of death

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Ant Group denies report it's exploring ways for Jack Ma to sell stake

The company hoped that Ma's stake would be sold to existing shareholders in Ant or its e-commerce partner Alibaba Group Holding Ltd., Reuters said

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Charles Geschke, co-founder of Adobe and developer of PDFs, dies at 81

Charles Chuck Geschke the co-founder of the major software company Adobe Inc. who helped develop Portable Document Format technology, or PDFs died at age 81

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US, China agree to work together to tackle climate crisis, says John Kerry

China and the United States have agreed to cooperate on the issue of climate change, US Special Presidential Envoy for Climate John Kerry and China Special Envoy for Climate Change Xie Zhenhua said

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Covid-19 will leave deep scars in world economy even after recovery

Legacies of stunted education, destruction of jobs, war-era levels of debt and widening inequalities will cost poorest nations most.

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Latest News LIVE: Parties prep for WB phase 6; Jaishankar visits Abu Dhabi

Iran's top negotiator at nuclear talks underway in Vienna said on Saturday that the discussions were on the right track and consultations would continue. Follow LIVE UPDATES Here

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Trading in debt-ridden Coffee Day shares to resume from April 26

Debt-ridden Coffee Day Enterprises Ltd (CDEL) on Saturday said trading in its shares would be resumed at BSE and NSE from April 26

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Russian dissident Alexei Navalny 'could die any moment' in prison: Doctor

Physician says test results he got from Navalny's family show the politician with elevated levels of potassium, which can bring on cardiac arrest.

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Cyber agency cautions users against certain weaknesses detected in WhatsApp

India's cyber security agency CERT-In cautions WhatsApp users about certain vulnerabilities detected in popular instant messaging app that could lead to breach of sensitive information

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Second coronavirus wave pushes India's middle class toward poverty

India's middle class may not be as wealthy as its peers in the United States and elsewhere, but it makes up an increasingly potent economic force

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HDFC Bank Q4 net profit rises 18% YoY to Rs 8,186 crore

The lender's Net Interest Income (NII) --- the difference between interest earned through lending and interest paid to depositors --- saw a 12.6 per cent rise to Rs 17,120 crore

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Covid: Not wearing mask in Railway premises will attract fine up to Rs 500

The order also said that this would come into immediate effect for a period of six months till further instructions are issued in this regard

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HC grants bail to Lalu in Dumka treasury case; paves way for his release

The Jharkhand High Court on Saturday granted bail to RJD president Lalu Prasad in Dumka treasury case of the multi-crore rupees fodder scam

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Covid has hit with fury; we were caught off guard again: Sonia Gandhi

Sonia Gandhi accusing the Modi government of "gross unpreparedness"

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SpaceX wins $2.9 billion NASA contract to build commercial moon lander

NASA has picked Elon Musk's SpaceX to develop the first commercial lander and take the next two US astronauts to the moon, the US space agency said on Friday

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Crisil downgrades its PVR's long-term rating to AA-minus negative

Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative.

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Red Fort violence: Court grants bail to actor-activist Deep Sidhu

A Delhi court has granted bail to actor-activist Deep Sidhu, who was arrested in connection with the Red Fort violence on Republic Day

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Fitch revises positive outlook on Future Retail Ltd, affirms rating at 'C'

Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C'

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Cuba: Era ends as Raul Castro steps down as Communist Party chief

Raul Castro said he is stepping down as Cuban Communist Party leader, leaving the island without a Castro guiding affairs for the first time in more than six decades

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Friday, April 16, 2021

Fitch revises positive outlook on Future Retail Ltd, affirms rating at 'C'

Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C'

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Indian pharma exports grow at 18% to $24.44 billion in FY 21 from $20.58 bn

Pharma exports from India witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against USD 20.58 billion in FY20

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Q4 results: Mindtree reports revenue growth of 5.2% q-o-q, EBITDA at 21.9%

Mindtree, a global technology services and digital transformation company, announced its consolidated results today for the fourth quarter ended March 31, 2021

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Keep Kumbh participation symbolic, urges PM Modi amid massive Covid surge

Prime Minister Narendra Modi said on Saturday the ongoing Kumbh in Haridwar should now have symbolic participation due to the Covid-19 crisis

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India has a double mutant Coronavirus variant. Should we be worried?

The new variant, which has a so-called double mutation, is thought to be fueling India's deadlier new wave of infections that has made it the world's second worst-hit country, surpassing Brazil

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West Bengal election 2021 LIVE: Phase 5 voting begins amid Covid surge

West Bengal election 2021 LIVE: Phase 5 is crucial for Mamata Banerjee, since these are the regions where BJP gained a foothold in 2019 Lok Sabha polls. Stay tuned for Bengal election LIVE updates

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Simulations reveal how dominant SARS-CoV-2 strain binds to host, succumbs to antibodies

The dominant G-form spike protein 'puts its head up' more frequently to latch on to receptors, but that makes it more vulnerable to neutralization.

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Experimental antiviral for COVID-19 effective in hamster study

The experimental antiviral drug MK-4482 significantly decreased levels of virus and disease damage in the lungs of hamsters treated for SARS-CoV-2 infection, according to a new study. MK-4482, delivered orally, is now in human clinical trials.

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With impressive accuracy, dogs can sniff out coronavirus

In a proof-of-concept study, dogs identified positive samples with 96 percent accuracy.

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Virologists develop broadly protective coronavirus vaccines

A candidate vaccine that could provide protection against the COVID-19 virus and other coronaviruses has shown promising results in early animal testing.

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Coronavirus LIVE: India sees 233943 cases, 1338 deaths in record 24-hr rise

Coronavirus live updates: India added over 650,000 Covid cases in the last three days alone. Mumbai registered 17,635 new cases, Delhi 19,486 in the last 24 hours. Stay tuned for corona-related news

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India's brutal Covid-19 wave hammers fuel sales as lockdowns spread

Sales of everything from diesel to cooking fuels dropped during April 1-15 from a month earlier

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Thursday, April 15, 2021

India reports highest-ever single-day spike with 2,17,353 Covid-19 cases

A record single-day rise of 2,17,353 coronavirus infections took India's total tally of Covid-19 cases to 1,42,91,917, while active cases tally moves up to 1,569,743, according to govt data

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Citi's exit from retail banking an opportunity for Indian banks: Analysts

Among its various business verticals, analysts say Citi's credit card business will be most sought after by suitors

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Citi's exit from retail banking an opportunity for Indian banks: Analysts

Among its various business verticals, analysts say Citi's credit card business will be most sought after by suitors

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PVR, Inox Leisure hit seven-month low; tank up to 28% in a month

Delhi, along with Maharashtra, is among the top two markets for theatrical business

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Citi's exit from retail banking an opportunity for Indian banks: Analysts

Among its various business verticals, analysts say Citi's credit card business will be most sought after by suitors

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FMCG startup AnKa SumMor raises Rs 3 cr in pre-Series A round led by IPV

AnKa SumMor works with FMCG brands to help them scale up their businesses rapidly

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Richard Verma appointed as Mastercard's Head of Global Public Policy

Former US Ambassador to India Richard Verma has been appointed as General Counsel and Head of Global Public Policy of Mastercard, according to an announcement by the financial services corporation

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Century Plyboards rallies 24% in 3 days; stock nears record high

On April 9, the company announced launch of Firewall technology that ensures that its customers get critical time to act and be safe in case of fire

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Don't write off China's Covid-19 vaccines: World needs them as cases surge

While more than 848 million doses have been administered, countries with the highest incomes are getting vaccinated 25 times faster than those with the lowest

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Wipro surges 6%, nears record high on healthy March quarter results

ICICI Securities believes Wipro possesses all the key ingredients of robust growth in the long run

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West Bengal election 2021 LIVE: EC calls all-party meet amid Covid surge

The meetings are being called against the backdrop of the growing laxity in following Covid-19 protocols during campaigning in West Bengal. Stay tuned for Latest LIVE news

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LIC employees to get over 25% wage hike, says insurance corp union leader

The new fiscal year 2020-21 has started on a happy note for LIC employees as they are set to get over 25% hike in their pay packets, said a top union leader

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Stocks to watch: Wipro, Mindtree, National Fertilizers, Ashoka Buildcon

Government has issued a request for proposals to engage legal advisors, merchant bankers and selling brokers to sell a 20 per cent stake in National Fertilizers via OFS

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HDFC Bank Q4: Analysts see 25% YoY jump in PAT; guidance key monitorable

Q4 earnings: Despite a moderated YoY growth in loan book, HDFC Bank continues to outperform industry, resulting in market share gain

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Here is a Bull Spread Strategy on ICICI Bank by HDFC Securities

The short-term trend of the stock is positive as stock price is trading above its 5 and 10-day EMA

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Stocks picks by Osho Krishan: Buy Adani Enterprises, Godrej Consumer

The mean of the Bollinger band has historically proven strong support for Adani Enterprises, making it a favourable risk-reward ratio for a short-term duration

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China's Q1 GDP grows at record pace as recovery speeds up after pandemic

Economy has recovered steadily from a steep 6.8% slump in the first three months of 2020

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MARKET LIVE: Flat-to-positive start on cards for indices; Wipro in focus

LIVE market updates: Mindtree, Den Networks, GTPL Hathway, MMTC, and AAR Commercial Company are scheduled to release quarterly numbers today

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MARKET LIVE: Flat-to-positive start on cards for indices; Wipro in focus

LIVE market updates: Mindtree, Den Networks, GTPL Hathway, MMTC, and AAR Commercial Company are scheduled to release quarterly numbers today

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HDFC Bank Q4: Analysts see 25% YoY jump in PAT; guidance key monitorable

Q4 earnings: Despite a moderated YoY growth in loan book, HDFC Bank continues to outperform industry, resulting in market share gain

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Coronavirus LIVE: India sees 216,850 new cases in 24 hrs; 1183 deaths added

Coronavirus live updates: India has added 2,142,934 fresh Covid-19 cases since April 1. Mumbai registered 9,925 new cases, Delhi 17,282 in the last 24 hours. Stay tuned for corona-related news

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Reliable COVID-19 short-term forecasting

Researchers have developed a new model for making short-term projections of daily COVID-19 cases that is accurate, reliable and easily used by public health officials and other organizations.

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How we can reduce food waste and promote healthy eating

Food waste and obesity are major problems in developed countries. They are both caused by an overabundance of food, but strategies to reduce one can inadvertently increase the other. A broader perspective can help identify ways to limit food waste while also promoting healthy nutrition, researchers suggest.

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Wednesday, April 14, 2021

The big, easy 'buy' story in Asia over; remain underweight on India: HSBC

HSBC has raised their 2021 global and EM gross domestic product (GDP) forecasts to 5.6 per cent (from 4.8 per cent) and 6.6 per cent (6.1 per cent), respectively

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Revenue miss, yet brokerages bullish on Infosys post Q4 numbers; here's why

Despite the miss on sequential revenue growth, analysts remain bullish on Infosys as they believe underlying metrics should continue to aid the company's growth leadership in FY22

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Revenue miss, yet brokerages bullish on Infosys post Q4 numbers; here's why

Despite the miss on sequential revenue growth, analysts remain bullish on Infosys as they believe underlying metrics should continue to aid the company's growth leadership in FY22

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Sugar shares rally in a weak market; Balrampur Chini surges 9%

The industry is undertaking huge capacity expansion programmes to meet the ethanol requirement of 10 billion litre by 2025

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India records highest ever single-day spike with 200,739 Covid-19 cases

The number of new coronavirus cases in India hit a record daily high with 200,739 infections being reported in a day, according to the Union Health Ministry data updated on Thursday

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From best to worst: Rupee tumbles in 2 weeks on Covid, poised for more loss

Traders are concerned that the rupee's tailwinds could start fading. Rising commodity prices may push the current-account into a deficit in the fiscal year that started in April

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5paisa Capital to raise Rs 251 crore at Rs 500 per share; stock zooms 20%

The preferential issue price of Rs 500 apiece is at 70 per cent premium over Tuesday's closing price of Rs 292 per share on the NSE.

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Infosys shares dip 6% on profit booking post March quarter results

Motilal Oswal Securities expects Infosys to be a key beneficiary of a recovery in IT spends in FY22E

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Stocks to watch: Infosys, Wipro, Aditya Birla Capital, HDFC Bank, 5paisa

The board of Aditya Birla Capital has approved an initial public offer of its asset management business, Aditya Birla Sun Life AMC

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Top trading calls by Ajit Mishra of Religare Broking: Buy Marico, HPCL

Hind Petro has been witnessing profit-taking in line with other OMCs and now reached its major support zone of long-term moving average(200 EMA) on the daily chart

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Nifty pullback can extend till 14,700: Vinay Rajani of HDFC Securities

Longs should be protected with the stoploss of 14,275 in Nifty

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Work from home without flexibility risks creating unhealthy culture: Study

King's College report suggests implementing predictable or set hours, compressed days, job sharing and school term-time working.

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MARKET LIVE: SGX Nifty hints at a gap-up start; Infosys in focus

LIVE market: Infosys posted a 17.5 per cent jump in net profit for the March quarter on a YoY basis, even though it was down 2.3 per cent sequentially

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Gautam Adani may win three more slots on MSCI India index as shares double

The potential inclusions are seen further boosting wealth for Adani, who has added $20.2 billion to his net worth this year, the second-biggest increase among the world's billionaires

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Covid-19 risk on flights drops by half when middle seats kept vacant: Study

Some carriers never limited seating as a result of the pandemic and others lifted the practice months ago

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Tiny wireless implant detects oxygen deep within the body

Engineers have created a tiny wireless implant that can provide real-time measurements of tissue oxygen levels deep underneath the skin. The device, which is smaller than the average ladybug and powered by ultrasound waves, could help doctors monitor the health of transplanted organs or tissue and provide an early warning of potential transplant failure.

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Gautam Adani may win three more slots on MSCI India index as shares double

The potential inclusions are seen further boosting wealth for Adani, who has added $20.2 billion to his net worth this year, the second-biggest increase among the world's billionaires

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UP Panchayat Election 2021 LIVE: Voting begins; eyes on Gorakhpur, Ayodhya

UP Panchayat Elections 2021 LIVE: Polling to begin today: Know the districts that will go to polls in the first phase. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India records nearly 200,000 cases in the last 24 hours

Coronavirus live updates: India has recorded 199,569 fresh Covid cases and 1,037 deaths in the last 24 hrs. Maharashtra registered 58,952 new cases, Delhi 17,282. Stay tuned for corona-related news

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Get your head in the game -- One gene's role in cranial development

Researchers have found that certain cells in mouse craniums respond to increased expression of a gene called Dlx5 during early stages of embryonic development. They observed that a layer of these cells formed more bone and cartilage in mice engineered with high Dlx5 levels. Their interesting results provide crucial information for the mechanistic role of this gene in cell fate during cranial development.

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Innovative technique developed to destroy cancerous kidney cells

An innovative new technique that encourages cancer cells in the kidneys to self-destruct could revolutionize the treatment of the disease.

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Mindfulness can make you selfish

A new article demonstrates the surprising downsides of mindfulness, while offering easy ways to minimize those consequences -- both of which have practical implications for mindfulness training.

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GE Power India to acquire 50% equity stake in NTPC GE Power Services

GE Power India's board on Wednesday approved the acquisition of 50 per cent stake in NTPC GE Power Services Pvt Ltd for Rs 7.2 crore.

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SIAM hails government's decision to extend FAME II certificate validity

Auto industry body SIAM on Wednesday termed the government's move to extend the FAME II certification validity by one year as a step in the right direction

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Apple orders 'Louis Armstrong' documentary from Imagine Documentaries

Apple Original Films has ordered a documentary on jazz legend Louis Armstrong from Brian Grazer and Ron Howard's Imagine Documentaries. Titled "Black & Blues: The Colorful Ballad of Louis Armstrong", the feature will be directed by Sacha Jenkins. According to The Hollywood Reporter, the documentary will examine Armstrong's life and legacy as a founding father of jazz, the first pop star and a cultural ambassador of the United States. It will also try to remove misconceptions that the trumpet player didn't contribute enough to the Civil Rights Movement. For the research, the Louis Armstrong Educational Foundation granted the makers an access to a wide array of the musician's never-before-seen archival materials including hundreds of hours of audio recordings, film footage, photographs and personal diaries. Jenkins, Julie Anderson, Sara Bernstein and Justin Wilkes will serve as producers on the documentary. The project is part of Apple's first-look agreement with Imagine ...

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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...