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Wednesday, July 31, 2019

Huawei Y9 Prime 2019 India launch at 12 noon: Know specs, features, & more

The Huawei Y9 Prime 2019 is going to be the company's first offering to feature an elevating selfie camera module in India

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Huawei Y9 Prime 2019 India launch at 12 noon: Know specs, features, & more

The Huawei Y9 Prime 2019 is going to be the company's first offering to feature an elevating selfie camera module in India

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Nifty outlook and stock pick by Tradebulls Securities: Buy Havells India

Nifty outlook and stock recommendation by Sacchitanand Uttekar, DVP - Technical (Equity)

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Top trading ideas by CapitalVia Global Research: Buy HCL Technologies, TCS

Technical calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited -Investment Advisor

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US Fed cuts rate for the first time in more than a decade: Top highlights

Fed chair Jerome Powell, later in the presser, said that the rate cut has been in the pipeline for a while and doesn't necessarily portend a long cycle of rate cuts

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Affle India's IPO subscribed 87 times on final day of bidding

The 3.4-million share offering saw bids for 292 million shares

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DSP Mutual Fund takes 50% haircut; CCD group firms ask for 2 weeks

The haircut led to a 1.3 per cent hit on the net asset value of DSP Credit Risk Fund, which held these debentures

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Spandana Sphoorty MFI to launch initial public offering on August 5

The company proposes to utilise the net proceeds from the fresh issue towards augmenting its capital base to meet future capital requirements

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Sterling & Wilson, Spandana slash IPO size amid choppy market conditions

To hit the market next week, Sterling & Wilson and Spandana have cut their issue size by a third

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V G Siddhartha's death an eye-opener on how weak an Indian entrepreneur is

The government, staring at a fiscal hole equal to an entire percentage point of GDP, isn't likely to let up on squeezing Indian business

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Four reasons why the US Fed's 25 bps rate cut assumes significance

With the US-China trade standoff still to be resolved and with Brexit also in limbo, a cut in rates should help to assuage sentiment

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India only Asian economy that's growing its export share amid trade war

Trade tensions between the US and China have given India an opportunity to ramp up exports to both countries

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At $2.73 trn, India's economy pushed to 7th spot; UK, France march ahead

UK's economy grew to $2.82 trillion and the French economy expanded to $2.78 trillion in 2018, against India's $2.73 trillion, World bank data showed

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At 42%, Chinese smartphone majors' India market share reaches highest level

These brands have been aggressively expanding outside China and achieving growth offsetting the saturation in their home market, said Varun Mishra, research analyst at Counterpoint Research

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Four reasons why the US Fed rate cut assumes significance

With the US-China trade standoff still to be resolved and with Brexit also in limbo, a cut in rates should help to assuage sentiment

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India is only Asian economy that's growing its export share amid trade war

Trade tensions between the US and China have given India an opportunity to ramp up exports to both countries

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V G Siddhartha's death an eye-opener on how weak an Indian entrepreneur is

The government, staring at a fiscal hole equal to an entire percentage point of GDP, isn't likely to let up on squeezing Indian business

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Bill introduced in US Congress to ban unlimited scrolling on social media

The bill would ban infinite, automatic content additions when users approach the end of feeds on sites. It wouldn't apply to music-streaming sites or pre-compiled playlists

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BJP's assets rise by 22% in FY18, Congress reports 15% decline, says ADR

The assets include fixed assets, loans and advances, deposits made, investments, etc. Liabilities include bank borrowings, sundry creditors, overdrafts, other liabilities

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Mumbai records second-wettest July in the last 60 years, says IMD

The Santacruz and Colaba observatories in the city recorded 1,464.8 mm and 1,175.1 mm rainfall, respectively, this month

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Warren and Sanders vs moderates: Liberals under fire in second debate

The fault lines emerged immediately in the second debate of the 2020 Democratic primary race, with lesser-known candidates taking sharp digs

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Bengaluru best student city in India, London tops global list: QS rankings

The other top Indian cities include Mumbai (85th rank), Delhi (113) and Chennai (115), respectively

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Tuesday, July 30, 2019

Gujarat Gas zooms 17% in weak market on strong Q1 results

On the NNSE, the stock was trading close to its 52-week high level of Rs 194 touched on June 3, 2019

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'China never comes through': Trump's tweets may disrupt Sino-US trade talks

Analysts said Trump's tweets will do little to ease the already-tense relationship between Washington and Beijing

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US working hard to help Indian economy grow under Indo-Pacific plan: Pompeo

Pompeo's remarks come weeks after a delegation of the US Trade Representatives travelled to India for talks on a wide range of bilateral trade issues, in particular tax and tariffs

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New autism early detection technique analyses how children scan faces

Symptoms of ASD typically appear in the first two years of life and affect the child's ability to function socially

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Coffee Day Enterprises hits lower circuit again; VG Siddhartha's body found

Siddhartha went missing on Monday night en route to Mangaluru, with a letter purportedly written by him showing he was under "tremendous pressure" from lenders and one of the PE partners.

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Indian rapper Badshah sets viewer record but YouTube isn't talking about it

dshah broke a record even Taylor Swift couldn't touch. The clip, a dancehall romp, was seen 75 million times in one day, eclipsing a mark set by Korean boy band BTS in April.

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Stocks to watch: Eicher Motors, Ashok Leyland, IOCL, Axis Bank, ZEEL, DHFL

Here's a list of companies whose shares are expected to trade actively in today's trading session.

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Indian IT firms contributed $57 bn to US GDP in 2017: Ambassador Shringla

Shringla said Indian IT companies in the US are deeply embedded in the roots of American society and their contributions have exceeded far beyond the economy

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Top 10 biz headlines: CCD crisis, RBI's fine print on NPAs and more

From sale of Ather Energy electric scooters hitting 1 million by 2023 to RBI allowing domestic banks to sell NPAs abroad, here are the top business headlines on Wednesday

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US working hard to help Indian economy grow under Indo-Pacific plan: Pompeo

Pompeo's remarks come weeks after a delegation of the US Trade Representatives travelled to India for talks on a wide range of bilateral trade issues, in particular tax and tariffs

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Maha govt accords infrastructure status to Mumbai-Pune hyperloop project

Hyperloop is a ultramodern, superfast transport project which is being implemented to link Mumbai and Pune, which are located around 200km apart

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Weekly stock picks by Religare Broking: Buy HDFC Bk, Sell ACC Aug Futures

Here are the weekly stock recommendations by Religare Broking

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Technical calls from HDFC Securities: Sell IndusInd Bank, RIL

Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.

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MARKET LIVE: SGX Nifty is indicating a negative start for domestic indices

Catch all the live market updates here

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Bharti Airtel Q1 preview: Marginal growth in ARPU, revenue seen

Investors should watch mobile broadband subscriber addition, sale of non-core assets, and other balance sheet deleveraging plans

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CCD crisis: PE players, independent directors under Sebi scanner

Siddhartha went missing on his way to Mangalore from Bengaluru on Monday evening, prompting the authorities to launch a massive search

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Cafe Coffee Day founder V G Siddhartha's body found from river: Report

Siddhartha, the founder of India's largest coffee chain, went missing on Monday night en route to the coastal Karnataka city of Mangaluru

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Cafe Coffee Day founder V G Siddhartha's body found from river: Report

Siddhartha, the founder of India's largest coffee chain, went missing on Monday night en route to the coastal Karnataka city of Mangaluru

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Fate of Apple's post-iPhone life still tied to the flagship smartphone

All the company's major services and wearables, including the watch and AirPods headphones, require or work best with the Apple smartphone

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Best of BS Opinion: Garg's unusual transfer, Andhra's 'breach' of contract

Y S Jagan Mohan Reddy's government in Andhra Pradesh wants to renegotiate contracts the previous government had signed with private companies for renewable energy power projects

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Reconciling a scientific standoff in colon cancer research

When two studies attempting to identify new colon cancer treatment methods found different results, a researcher at the University of Arizona Cancer Center was asked to help settle the uncertainty.

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'Tickle' therapy could help slow aging, research suggests

'Tickling' the ear with a small electrical current appears to rebalance the autonomic nervous system for over-55s, potentially slowing down one of the effects of ageing, according to new research.

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'Tickle' therapy could help slow aging, research suggests

'Tickling' the ear with a small electrical current appears to rebalance the autonomic nervous system for over-55s, potentially slowing down one of the effects of ageing, according to new research.

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Monday, July 29, 2019

Cost cutting: 400 Uber employees lose job as company starts restructuring

The 400 jobs will be from the marketing team which has more than 1,200 workers

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Voda Idea to close m-pesa, writes off Rs 210 cr for payments bank closure

Vodafone m-pesa was one of the 11 firms that was given payments bank licence by the Reserve Bank of India in 2015

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Realme Freedom sale announced, Rs 1,000 off on phones: Details here

Named Realme Freedom sale, the sale starts from August 1 and continues until August 3, exclusively on home-grown e-commerce platform Flipkart and Realme's online shopping portal

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Strides Pharma soars 11% after Co announces JV with Chinese firm

Strides Pharma Global Pte (Singapore) and Sun Moral International (Hong Kong), a wholly-owned subsidiary of Sihuan Pharmaceutical Holdings, have entered into a JV to form called Sihuan Strides.

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Sebi proposes tighter disclosure rules for proxy advisors to avoid conflict

Although limited in their presence in India, proxy advisors, which provide research to institutional investors, are a fixture in western markets

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Coffee Day Enterprises tanks 20% as co-founder VG Siddhartha goes missing

According to reprts by CNBC-TV18, VG Siddhartha had written a letter to CCD board saying he failed to create the right profitable business model despite best efforts.

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Top 5 budget smartphones under Rs 8000: From Realme to Samsung and Xiaomi

Business Standard lists top five budget smartphones priced under Rs 8,000 based on the value and ease of use that they offer

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Top 5 budget smartphones under Rs 8000: From Realme to Samsung and Xiaomi

Business Standard lists top five budget smartphones priced under Rs 8,000 based on the value and ease of use that they offer

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Citi to cut hundreds of trading jobs as Wall St fears more challenges ahead

The New York-based bank plans to slash jobs across its fixed-income and stock-trading operations over the course of 2019, according to people familiar with the matter

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SBI tightens lending terms for auto dealers as sector sees downturn: Source

As part of the revised terms, the country's largest bank by assets has decided to halt lending to dealers of Hyundai Motor India unless they provide a minimum of 25% collateral

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Apple likely to launch three iPhones in 2020 with 5G support: Report

Apple might use Qualcomm's 5G chip in its first generation 5G phones, despite the fact that it now has access to Intel's smartphone modem chip business

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Stocks to watch: Coffee Day Enterprises, TechM, Axis Bank, Hero MotoCorp

Here's a list of some of the counters that are likely to trade actively in today's trading session.

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Best of BS Opinion: How to charge up India's economy, make EVs run

The government has added heft to its electric vehicles (EVs) policy by slashing GST on them and chargers

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Top biz headlines: Voda-Idea loss spillover, Maruti stock downgrade & more

From banks raising funds to grab NBFCs' share to Comcast-led group's offer to Zee promoters, here are the top business headlines on Tuesday

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Cafe Coffee Day founder VG Siddhartha missing in Mangaluru: Report

The news emerged after the Mangaluru City Police started a search

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Top trading calls by Anand Rathi: Buy Berger Paints, Mindtree, GCPL

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.

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MARKET LIVE: SGX Nifty suggests positive start for benchmark indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty suggests positive start for benchmark indices

Catch all the live market updates here

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Today's picks: From Grasim to Infosys, hot stocks to watch on Tuesday

For Infosys, keep a stop at 785 and go long. Add to the position between 800-803. Book profits at 805.

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More NBFCs will have to die if India's shadow-banking sector is to survive

A few quarters of pain in sectors that depend upon shadow financing is a small price to pay to produce a sector that winds up doing its job efficiently and sustainably

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Mukesh Ambani, Sanjiv Singh and Shashi Shanker among most-influential CEOs

Here is the list of most influential Indians

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IBC Bill won't encroach on SC domain, says FM Nirmala Sitharaman

The amendments are largely to clear the Code's legislative intent, says Nirmala Sitharaman

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BCCI calls for bids to sponsor international and domestic matches

The winning bidder will be granted right to be the title sponsor and hold various other associated rights.

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Sunday, July 28, 2019

Xiaomi Redmi K20 Pro: An affordable premium phone that exceeds expectations

At Rs 30,999 (8GB/256GB), the Redmi K20 Pro midrange smartphone has qualities to challenge current-generation premium phones; exceeds expectations in design, display, camera, performance, battery life

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Reliance Jio GigaFiber: Expected launch date, data plans, services and more

Announced last year at the Reliance Industries annual general meeting, the Jio GigaFiber was initially touted to launch in 1,100 cities simultaneously

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Modi's Hindutva supporters, critics came together to oppose dollar bond

Now that $10 billion in subscription checks won't be coming in October, the domestic Indian bond market will feel the pressure of higher borrowings locally by the government

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Reliance Jio GigaFiber: Expected launch date, data plans, services and more

Announced last year at the Reliance Industries annual general meeting, the Jio GigaFiber was initially touted to launch in 1,100 cities simultaneously

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Xiaomi Redmi K20 Pro: An affordable premium phone that exceeds expectations

At Rs 30,999 (8GB/256GB), the Redmi K20 Pro midrange smartphone has qualities to challenge current-generation premium phones; exceeds expectations in design, display, camera, performance, battery life

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Stocks to watch: Dr Reddy's, DLF, Havells, ICICI Bank, Voda Idea, Vedanta

Here's a look at the top stocks that may trade actively in today's trading session.

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Top 10 biz headlines: Amazon's Uber Eats bid, RIL private-label push & more

From Amazon's plan to buy Uber Eats India to Alteria raising Rs 960 cr in maiden funding, here are the top business headlines on Monday

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Reliance Jio GigaFiber: Expected launch date, data plans, services and more

Announced last year at the Reliance Industries annual general meeting, the Jio GigaFiber was initially touted to launch in 1,100 cities simultaneously

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Weekly market outlook and top trading ideas by Prabhudas Lilladher

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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Nifty outlook, top stock picks by CapitalVia: Buy Dabur, United Breweries

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Affle (India) IPO opens today: Five things to know before you invest

Key shareholders in Affle (India) include Microsoft Global Finance, a subsidiary of Microsoft Corp, which owns 6.23 per cent stake

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Commodity picks: 29 July, 2019

Coriander prices in Kota are trading at Rs 7,091 per quintal

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Best of BS Opinion: Time for farm reforms, clean up credit rating agencies

From farm sector reforms to US-China trade conflict, here's a selection of Business Standard Opinion pieces for the day

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Gravity changes mass of muscles and bones, experiments in space show

Researchers have found that bone and muscle mass are regulated by the altered gravity. The experiments were done in space using Kibo, an ISS module developed by JAXA, and on the ground.

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Microrobots show promise for treating tumors

Researchers are working on an entirely new form of treatment: microrobots that can deliver drugs to specific spots inside the body while being monitored and controlled from outside the body.

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Elephant extinction will raise carbon dioxide levels in atmosphere

Forest elephants engineer the ecosystem of the entire central African forest, and their catastrophic decline toward extinction has implications for carbon policy.

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Generic mobile phone chargers escalate risk of burn, electrocution

Generic mobile phone chargers are less likely to meet established safety and quality tests than the brand counterparts, according to newly published analysis and case studies.

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Technologies for the sixth generation cellular network

Future wireless data networks will have to reach higher transmission rates and shorter delays, while supplying an increasing number of end devices. Researchers have used ultra-rapid electro-optical modulators to convert terahertz data signals into optical signals.

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Fracking likely to result in high emissions

A new study has estimated emissions from shale gas production through fracking in Germany and the UK. It shows that CO2-eq. emissions would exceed the estimated current emissions from conventional gas production in Germany.

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New space discovery sheds light on how planets form

A newly discovered planet orbiting one of the brightest young stars known could provide valuable information on how planetary bodies form.

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Shape shifting protocells hint at the mechanics of early life

Inspired by the processes of cellular differentiation observed in developmental biology, researchers have demonstrated a new spontaneous approach to building communities of cell-like entities (protocells) using chemical gradients.

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Flipkart CEO sees UP becoming India's first trillion-dollar state economy

Krishnamurthy lauded UP chief minister's efforts to partner with the industry to drive inclusive growth in the state

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Flipkart CEO sees UP becoming India's first trillion-dollar state economy

Krishnamurthy lauded UP chief minister's efforts to partner with the industry to drive inclusive growth in the state

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Modi lauds Chandrayaan-2 in Mann ki Baat, says it taught two great lessons

Hailing the indigenous project, he said it is 'thoroughly Indian in heart and spirit. It is completely a swadeshi, home grown mission'

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Jaipal Reddy: The orator, Congress leader who never compromised on values

Reddy's limited physical mobility due to polio never deterred him from achieving political heights and he served as a Lok Sabha MP for five terms

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Domestic, foreign insurers big gainers under PMFBY; pool mechanism on cards

In the last six seasons, close to Rs 5,000 crore has flown to the books of foreign reinsurers, as overall claim ratio has been just around 77%

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FM Sitharaman rules out rethinking on overseas sovereign bonds: report

The proposal has been criticised by former heads of the Reserve Bank of India, economists and allies of the ruling BJP

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FM Sitharaman rules out rethinking on overseas sovereign bonds: report

The proposal has been criticised by former heads of the Reserve Bank of India, economists and allies of the ruling BJP

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Saturday, July 27, 2019

Tata Chemicals gets green nod for Rs 1,042-crore soda ash plant in Gujarat

Soda ash, an important part of Indian inorganic chemical industry, is the common name given for the technical grade anhydrous sodium carbonate (Na2CO3)

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Cipla urges govt to increase funds, ease policies for domestic pharma firms

In India, the company said it will focus on therapeutic segments like diabetes, dermatology, cardiology and women's health

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Hero Electric looks to raise Rs 700 cr in 3 years to accelerate expansion

Currently, Alpha Capital is the investor in Hero Electric outside of the Munjal family

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PepsiCo to invest Rs 514 cr to set up snacks plant in UP; create 1,500 jobs

The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022

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PepsiCo to invest Rs 514 cr to set up snacks plant in UP; create 1,500 jobs

The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022

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PepsiCo to invest Rs 514 cr to set up snacks plant in UP; create 1,500 jobs

The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022

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Proton therapy for prostate cancer: does the evidence support the hype?

While there is strong evidence for the benefits of proton therapy in children, it is much less clear in prostate and other adult cancers.

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Senior Congress leader and former union minister Jaipal Reddy dies at 77

During the UPA-1 government, he held portfolios like urban development and culture

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Proton therapy for prostate cancer: does the evidence support the hype?

While there is strong evidence for the benefits of proton therapy in children, it is much less clear in prostate and other adult cancers.

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Bad legroom to get worse as airlines stuff more passengers in a flight

To add more seats, Cebu Air is moving the plane's bathrooms

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Looking for survival: The hidden life revealed inside dinosaur bones

: Life exists almost everywhere on Earth. Bacteria thrive in hydrothermal vents, fungi grow inside Chernobyl, nematode worms crawl under Antarctic ice fields

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Tesla cars may soon stream Netflix, YouTube when not moving, says Musk

Tesla owners will be able to stream while the car is moving once regulators approve full self-driving, Musk said

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KIA to launch its first 'Made in India' car on Aug 8, invites CM Jagan

Kia is preparing to launch its car on August 8 and has invited Chief Minister Y S Jagan Mohan Reddy for the event, Andhra CMO said

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: Life exists almost everywhere on Earth. Bacteria thrive in hydrothermal vents, fungi grow inside Chernobyl, nematode worms crawl under Antarctic ice fields

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Tesla cars may soon stream Netflix, YouTube when not moving, says Musk

Tesla owners will be able to stream while the car is moving once regulators approve full self-driving, Musk said

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Heavy rains in Mumbai: 11 flights cancelled, 9 diverted on Saturday

Of the seven departures, budget carrier IndiGo cancelled five, while Air India and Emirates cancelled one each

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ICICI Bank posts standalone net profit of Rs 1,908 crore for June quarter

The lender witnessed an improvement in asset quality as gross NPAs fell to 6.49 per cent of the gross advances by the end of June 2019

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Govt intervention needed to save auto component sector jobs: ACMA president

Leading industry body head says the govt should intervene with measures like cutting the GST rate to 18% across the entire auto and auto component sector

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Boeing hands over first four of 22 AH-64E Apache attack helicopters to IAF

IAF had signed a contract with the US government and Boeing Ltd in September 2015 for 22 Apache helicopters

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Govt intervention needed to save auto component sector jobs: ACMA president

Leading industry body head says the govt should intervene with measures like cutting the GST rate to 18% across the entire auto and auto component sector

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MP CM's nephew moves court seeking anticipatory bail in VVIP chopper scam

Ratul Puri, the chairman of Hindustan Powerprojects Pvt Ltd, approached the court saying he was anticipating arrest in the case

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ICICI Bank reports net profit of Rs 1,908 crore for June quarter

The lender's net interest income (NII) stood at Rs Rs 7,737 crore, while the net interest margin (NIM) was 3.61%

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BJP mulls no-confidence motion against Karnataka Assembly Speaker: Report

The message has been discreetly conveyed to Kumar to give up the post, which is conventionally held by a member from the ruling party, they said

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ICICI Bank reports net profit of Rs 1,908 crore for June quarter

The lender's net interest income (NII) stood at Rs Rs 7,737 crore, while the net interest margin (NIM) was 3.61%

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Govt's big push for EVs: GST Council trims rate on EVs, chargers to 5%

Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities was exempted from GST

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Mumbai rains: NDRF rescues 500 stranded passengers from Mahalaxmi Express

The Chief Minister's Officer said that among the 500 rescued passengers are nine pregnant women

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Electric vehicles makers welcome GST rate cut on EVs from 12% to 5%

It also slashed the Goods and Services Tax (GST) on EV chargers from 18 per cent to 5%

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Electric vehicles makers welcome GST rate cut on EVs from 12% to 5%

It also slashed the Goods and Services Tax (GST) on EV chargers from 18 per cent to 5%

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GST rate on EVs cut from 12% to 5 %; reduced rate effective from August 1

The GST Council has also approved exemption from GST on hiring of electric buses by local authorities, news agency ANI reported

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India asks Iran to release three remaining crew members of a seized tanker

Iran said it had seized the Stena Impero because it had collided with a fishing boat

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GST rate on EVs cut from 12% to 5 %; reduced rate effective from August 1

The GST Council has also approved exemption from GST on hiring of electric buses by local authorities, news agency ANI reported

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Friday, July 26, 2019

Latest Boeing 737 Max fault that alarmed test pilots rooted in software

The 737 Max family of aircraft has been grounded by the US since March 13 and has cost Boeing and airlines billions of dollars

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Best of BS Opinion: Govt's macro challenge, Karnataka exception & more

From what govt must do to ensure that macro targets don't become embarrassments to how others can take inspiration from Yediyurappa's handling of Modi and Shah, here's a selection of BS Opinion pieces

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When it comes to debt, size doesn't matter anymore

To address an evaporation of investor demand and potential forced selling, policymakers would have to increase their intervention in markets by mandating minimum capital and liquidity reserves

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Will think 'deeply' on issuing sovereign bonds, says CEA Subramanian

The BJP-led govt announced in the Budget that it will raise a part of its market borrowing by issuing foreign exchange-denominated bonds in overseas markets

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Expanding the limits of personalized medicine with high-performance computing

Imagine that you have a serious medical condition. Then imagine that when you visit a team of doctors, they could build an identical virtual 'twin' of the condition and simulate millions of ways to treat it until they develop an effective treatment.

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Medications used to treat atrial fibrillation may raise risk of falls

To prevent atrial fibrillation symptoms, health professionals may treat patients with medications to control their heart rate or rhythm. However, these medications can potentially raise the risk for falls and fainting.

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One in 100 new mothers go on to long-term opioid painkiller use; risk rises with size of Rx

Nearly half of American women having a baby in the last decade received a prescription for a powerful opioid painkiller as part of their birth experience, a new study shows. And one or two in every hundred were still filling opioid prescriptions a year later -- especially those who received birth-related opioid prescriptions before the birth, and those who received the largest initial doses.

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Current guides for starting infants on solid food may lead to overfeeding

Starting 6-month-old infants on solid food in the amounts recommended by standard feeding guides may lead to overfeeding, according to a new study.

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Thursday, July 25, 2019

India's plan to sell $10-bn yen debt has one more hurdle: It's too much

The plan, if it does go ahead, may need to be revised, according to Kenichi Kurahashi, a Tokyo-based chief fund manager at Mitsubishi UFJ Kokusai Asset Management Co

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Haldia Petro withdraws appeal seeking participation in NOCL revival

With this, the interim stay on the liquidator calling for expression of interest for the revival of the project is expected to proceed to the next stage

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Coping skills program helps social service workers reduce stress, trauma after disasters

Social work professors found that a mental health intervention called Caregivers Journey of Hope can bolster social service workers' emotional resilience and ability to cope with the stress and trauma associated with disasters such as Superstorm Sandy.

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Immune therapy takes a 'BiTE' out of brain cancer

Investigators have created a new method that could make immune therapy more effective again brain tumors and expand its use against other types of solid tumors.

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3D printed pill samples gut microbiome to aid diagnosis and treatment

A research team led by engineers has developed a 3D printed pill that samples bacteria found in the gut -- known as the microbiome -- as it passes through the gastrointestinal tract (GI). The ability to profile bacterial species throughout the GI tract could have important implications for the diagnosis and treatment of diseases and conditions that are affected by the microbiome.

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Frog in your throat? Stress might be to blame for vocal issues

A researcher has found that there is more to vocal issues than just feeling nervous and that stress-induced brain activations might be to blame.

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Yes, privacy crackdowns matter: Facebook is starting to feel the pinch

Analysts have been looking for Facebook's growth rate to come in under 25 per cent for the rest of this year

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3D printed pill samples gut microbiome to aid diagnosis and treatment

A research team led by engineers has developed a 3D printed pill that samples bacteria found in the gut -- known as the microbiome -- as it passes through the gastrointestinal tract (GI). The ability to profile bacterial species throughout the GI tract could have important implications for the diagnosis and treatment of diseases and conditions that are affected by the microbiome.

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Stocks to watch: Vedanta, Tata Motors, YES Bank, PNB, Maruti, Bajaj Auto

Here's a look at the top stocks that may trade actively in today's trading session.

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Yes, privacy crackdowns matter: Facebook is starting to feel the pinch

Analysts have been looking for Facebook's growth rate to come in under 25 per cent for the rest of this year

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Commodity outlook by Tradebulls Securities: Sell copper, nickel

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

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Derivative strategy from HDFC Securities: Buy Tata Steel August Futures

Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.

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SoftBank announces new $108-billion Vision Fund with Apple, Microsoft

SoftBank wants to raise a new massive fund every two or three years to take advantage of opportunities he sees in cutting-edge technologies

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ICICI Bank Q1 preview: Loan growth, lower provisions to aid PAT growth

Analysts at Sharekhan expect the bank to report a profit after tax (PAT) of Rs 1,377 crore as against a loss of Rs 120 crore in the June quarter of the previous fiscal

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SoftBank announces new $108-billion Vision Fund with Apple, Microsoft

SoftBank wants to raise a new massive fund every two or three years to take advantage of opportunities he sees in cutting-edge technologies

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MARKET LIVE: SGX Nifty is indicating a negative start for domestic indices

Catch all the live market updates here

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ICICI Bank Q1 preview: Loan growth, lower provisions to aid PAT growth

Analysts at Sharekhan expect the bank to report a profit after tax (PAT) of Rs 1,377 crore as against a loss of Rs 120 crore in the June quarter of the previous fiscal

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Today's picks: From JSW Steel to Tata Motors, hot stocks to watch on Friday

Nifty, Bank Nifty, JSW Steel, Tata Motors, Power Grid

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What Wall Street could learn from India's new tax on share buybacks

India this month imposed a levy on its companies' share purchases

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Best of BS Opinion: Bonding in marketing, K-solution, Boris factor and more

From emotional bonding with customers to Kashmir issue, here's a selection of Business Standard Opinion pieces for the day

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Underwater glacial melting is occurring at higher rates than modeling predicts

Researchers have developed a new method to allow for the first direct measurement of the submarine melt rate of a tidewater glacier, and, in doing so, they concluded that current theoretical models may be underestimating glacial melt by up to two orders of magnitude.

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Strange bacteria hint at ancient origin of photosynthesis

Structures inside rare bacteria are similar to those that power photosynthesis in plants today, suggesting the process is older than assumed.

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Shark hotspots under worldwide threat from overfishing

Over 150 scientists from 26 countries combined movement data from nearly 2,000 sharks tracked with satellite tags. Using this tracking information, researchers identified areas of the ocean that were important for multiple species, shark 'hot spots', that were located in ocean frontal zones, boundaries in the sea between different water masses that are highly productive and food-rich.

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Wednesday, July 24, 2019

Making Noida future-ready: City looks to set up 100 charging points for EVs

A memorandum of understanding is expected to be signed on Thursday between Noida Authority and EESL to set up the charging stattions

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After transfer, S C Garg seeks voluntary retirement from government

Move comes a day after Garg was transferred from the finance ministry to the power ministry; Atanu Chakraborty had been named as the new economic affairs secretary

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Do regional parties overlook violence in exchange for political support?

The study looked at constituency-level assembly election data between 1988 and 2011 and events of political violence between 1989 and 2015

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Ex-RBI chief backs govt's plan to raise $10 bn from first foreign bond sale

Former Reserve Bank of India Governor Bimal Jalan joined the debate on whether or not the nation should go for an offshore bond sale

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Tata Motors slips 3%, nears 52-week low ahead of June quarter results

The stock has underperformed the market in the last three months, by falling 38 per cent from its recent high of Rs 236 on April 18, 2019.

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Tejas Networks plunges 14% to hit record low on weak June quarter results

The company reported a sharp 87 per cent drop in its consolidated net profit at Rs 6 crore in June quarter, due to weak revenue on deferment of spending on government projects.

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Byju's to replace Oppo on Team India jersey after West Indies tour

BCCI will continue to receive the same amount from Byju's and will be at no loss for the entire duration of the deal

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Maruti Suzuki Q1 preview: Demand slowdown, low volumes to drag earnings

Investors should watch out for an update on the demand scenario, channel inventory, discounting trends and new launches as well as demand trend in urban and rural areas

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Byju's to replace Oppo on Team India jersey after West Indies tour

BCCI will continue to receive the same amount from Byju's and will be at no loss for the entire duration of the deal

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Hyundai eyes mass market for EVs, to develop new platform for India

The Korean automobile company recently launched an electric car named Kona in India

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Stocks to watch: YES Bank, BoB, Tata Motors, Bajaj Finance, Bharti Infratel

Here's a look at the top stocks that may trade actively in today's trading session.

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L&T Infotech, Cyient: Are mid-tier IT companies a good bet post Q1 numbers?

Going by the analysts' view, the IT sector, as a whole, faces four major challenges.

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Nifty outlook, top stock picks by CapitalVia: Buy Zee Ent, Sell Tata Steel

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

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Buy and sell ideas by Sacchitanand Uttekar of Tradebulls Securities

Nifty outlook and top trading ideas by Sacchitanand Uttekar, DVP - Technical (Equity).

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MARKET LIVE: Q1 results, Bank of Baroda, Tata Motors, IndiGo,Syndicate Bank

Catch all the live market updates here

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Managing a waning asset and searching for growth: How FB is balancing it

Facebook has the patience of investors to spend generously, but Zuckerberg knows he can't push it

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Amrapali diverted home buyers' money to Sakshi Dhoni's firm: Auditors to SC

In April this year, Dhoni had moved the apex court seeking protection of his ownership rights on an over 5,500-square feet penthouse he booked 10 year ago in a project of Amrapali Group

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Despite Donald Trump's best efforts American factories won't leave Asia

A survey released in May found that fewer than 6 per cent of the companies that were shifting or considering moving production out of China were choosing the US as a new destination

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Boris Johnson: From failed politician to Britain's new Prime Minister

This story is based on conversations with parliamentarians, advisers and ministers and shows how Johnson convinced his skeptical colleagues to put their faith in him

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Best of BS Opinion: Crypto ban not a good idea, labour laws reforms & more

From the ban on cryptocurrency, political defections to OYO's adventures, here's a selection of Business Standard Opinion pieces for the day

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FMCGs focus on earnings growth by cutting ad spends and other expenses

Top line growth, in particular, has been weak as underlying volume growth, which began to moderate in the March quarter, tapers even further in Q1

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Adani Group hits back at Australian critics, will go ahead with project

Annual accounts cleared by top auditors, tax officials, the group said

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Amrapali diverted home buyers' money to Sakshi Dhoni's firm: Auditors to SC

In April this year, Dhoni had moved the apex court seeking protection of his ownership rights on an over 5,500-square feet penthouse he booked 10 year ago in a project of Amrapali Group

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Tuesday, July 23, 2019

Rupee opens 15 paise lower amid strong dollar, higher oil prices

The domestic unit on Tuesday pared most of its initial losses and closed with a marginal 2 paise drop at 68.94 amid strengthening of the dollar against major currencies.

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Should govt's PMFBY crop insurance scheme be voluntary for farmers?

Some experts say mandatory Pradhan Mantri Fasal Bima Yojana may hit farmer enrolments, unless the scheme is made more attractive, while others feel making the scheme voluntary would kill it

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How JP Morgan colluded with Amrapali Group to divert funds, dupe homebuyers

JPMorgan invested around Rs 85 crore in an Amrapali Group company's shares and later sold them to an office boy and nephew of the auditor for Rs 140 crore

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Stocks to watch: Asian Paints, Canara Bank, HUL, L&T and Torrent Pharma

Here's a look at some of the counters that are likely to trade actively in today's session.

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How JP Morgan colluded with Amrapali Group to divert funds, dupe homebuyers

JPMorgan invested around Rs 850 million in an Amrapali Group company's shares and later sold them to an office boy and nephew of the auditor for Rs 1.4 billion

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saaa

The highest previous price fetched at auction for sneakers is thought to be $190,373 for a pair of signed Converse shoes said to have been worn by Michael Jordan in the 1984 Olympic basketball final

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Nasscom takes SME delegation to US to strengthen strategic alliances

Said to be a one-of-its-kind engagements programme, the delegation of small and medium enterprises visited several states in the US

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Nike running shoes sell for $437,500, smash auction record for sneakers

The highest previous price fetched at auction for sneakers is thought to be $190,373 for a pair of signed Converse shoes said to have been worn by Michael Jordan in the 1984 Olympic basketball final

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Today's picks: From Infosys to CIL, hot stocks to watch on Wednesday

Nifty, Bank Nifty, Infosys, Coal India

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Bank of Baroda Q1 preview: NII could rise 34% YoY; merged entity's nos eyed

On a standalone basis, analysts are eyeing a pre-provision profit for Bank of Baroda of up to Rs 4,765 crore the quarter under review

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Brain protein mutation from child with autism causes autism-like behavioral change in mice

A de novo gene mutation that encodes a brain protein in a child with autism has been placed into the brains of mice. These mice then showed severe alterations of specific behaviors that closely resemble those seen in human autism spectrum disorder, or ASD.

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Facebook to pay civil penalty of $5 bn to settle allegations by US FTC

The fine will mark the largest civil penalty ever paid to the FTC

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Compensatory strategies to disguise autism spectrum disorder may delay diagnosis

The first scientific study of compensatory strategies -- techniques to camouflage autism -- finds that they have positive and negative outcomes, increasing social integration, but possibly also resulting in poor mental health for autistic people, and could be a barrier to diagnosis.

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Brain protein mutation from child with autism causes autism-like behavioral change in mice

A de novo gene mutation that encodes a brain protein in a child with autism has been placed into the brains of mice. These mice then showed severe alterations of specific behaviors that closely resemble those seen in human autism spectrum disorder, or ASD.

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After rising 1,500%, IndusInd bets on microfinance firm buy to extend gains

Acquiring India's largest micro financier gives the bank presence in more than 115,000 villages that will increase its cross-sell, lending and low-cost deposit mobilisation efforts

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Best of BS Opinion: Numbers alone do not determine desirability of outcomes

From bank lending to infrastructure to Supreme Court judgements, here's a selection of Business Standard Opinion pieces for the day

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As penalties loom, how true is telecom's financial distress narrative?

According to sources, the DCC asked the Trai to consider reducing recommended penalties on the violators of licence conditions "in view of the health of the sector"

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Jet Airways HQ owner wants resolution professional to vacate premises

The licence for occupying the place has been terminated, on account of the airline having not paid the rent after March, says Luckystar Property Holdings, legal owner of the premises, Siroya

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Harnessing the power of microbes for mining in space

A new investigation on the International Space Station represents the first study of how microbes grow on and alter planetary rocks in microgravity and simulated Martian gravity.

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New moms may be vulnerable to 'sharenting'

Two related studies found evidence that women's feelings of vulnerability about being a mother are linked to their posting on social media -- and those posts sometimes include their children's personally identifiable information, such as names, birthdates, and photographs. The researchers suggest the need for enhanced governmental guidance to protect children's online privacy from commercial entities, as well as more parental education about the consequences of sharing children's personal information.

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New moms may be vulnerable to 'sharenting'

Two related studies found evidence that women's feelings of vulnerability about being a mother are linked to their posting on social media -- and those posts sometimes include their children's personally identifiable information, such as names, birthdates, and photographs. The researchers suggest the need for enhanced governmental guidance to protect children's online privacy from commercial entities, as well as more parental education about the consequences of sharing children's personal information.

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Daily e-cigarette use may help smokers quit regular cigarettes

A new study provides critical evidence demonstrating that using e-cigarettes daily helps U.S. smokers to quit traditional cigarettes.

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Monday, July 22, 2019

L&T Q1 preview: Healthy revenue growth likely aided by strong execution

Analysts at Centrum Broking projects L&T's revenue to grow 15.4 per cent year-on-year (YoY) to Rs 32,636.6 crore as against Rs 28,283.5 crore, registered in the year-ago period.

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TVS Motor hits over two-year low on weak Q1 results

The stock hit its lowest level since January 3, 2017

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Stocks to watch: TVS Motor Co, HUL, YES Bank, USL, L&T, ZEEL, DHFL, IndiGo

Here's a look at some of the stocks that are likely to trade actively in today's trading session.

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Nifty outlook and top stock picks by Prabhudas Lilladher: Buy RIL, Hindalco

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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Parasitic plants use stolen genes to make them better parasites

Some parasitic plants steal genetic material from their host plants and use the stolen genes to more effectively siphon off the host's nutrients. A new study reveals that the parasitic plant dodder has stolen a large amount of genetic material from its hosts, including over 100 functional genes, through a process called horizontal gene transfer.

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Scientists document late Pleistocene/early Holocene Mesoamerican stone tool tradition

Scientists have documented the very earliest indigenous stone tool tradition in southern Mesoamerica.

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Americans are drilling deeper than ever for fresh water

A new study shows Americans are drilling deeper than ever for fresh water.

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More sensitive climates are more variable climates

A decade without any global warming is more likely to happen if the climate is more sensitive to carbon dioxide emissions, new research has revealed.

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Astronomers make first calculations of magnetic activity in 'hot Jupiter' exoplanets

Signals from star-planet interactions tell of strong magnetic fields in 'hot Jupiters'.

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Scientists make fundamental discovery to creating better crops

Scientists have discovered the specific gene that controls an important symbiotic relationship between plants and soil fungi, and successfully facilitated the symbiosis in a plant that typically resists it.

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MARKET LIVE: SGX Nifty suggests positive start for benchmark indices

Catch all the live market updates here

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Today's picks: From ITC to Bajaj Finance, hot stocks to watch on Tuesday

For ITC, keep a stop at 266 and go short. Add to the position between 261-262. Book profits at 260

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Best of BS Opinion: Jobs to water, country's plight seeks constant reforms

From labour force to water conservation, here's a selection of Business Standard Opinion pieces for the day

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Hong Kong tempts China's ire as pro-independence protests take violent turn

Police fired tear gas at protesters who had surrounded China's local government headquarters and defaced the national emblem

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Technologies for the directed evolution of cell therapies

New research highlights how the next generation of therapies are moving beyond the use of small molecules and proteins to using whole cells.

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Chandrayaan-2 mission: From Godrej to L&T, private sector plays a key role

Dubbed as 'Baahubali', the Rs 978 crore unmanned mission lifted-off from the second launchpad at the spaceport into skies at 2.43 pm

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Deloitte, KPMG seek stay on NCLT order to prosecute them for IFIN auditing

NCLT reserves order on ministry of corporate affairs' plea to ban auditing firms for five years.

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HPCL refuses to recognise ONGC as promoter, 18 months after merger

Since acquiring a majority stake in HPCL, ONGC has only been able to appoint one director to that firm's board

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Viral Acharya ends his RBI stint with a sense of unfinished business

Acharya's boss at the central bank, Shaktikanta Das, says a continuous and prolonged dependence on the government's capital infusion into banks can breed inefficiency

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Widespread aspirin use despite few benefits, high risks

Nearly 30 million Americans older than 40 take aspirin daily to prevent cardiovascular disease. More than 6 million Americans take aspirin daily without physician's recommendation. Nearly half of Americans more than 70 years of age without cardiovascular disease, an estimate of nearly 10 million people, take aspirin daily -- despite current guidelines against this practice.

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Using antibiotics without a prescription is a prevalent public health problem

People using antibiotics without a prescription seems to be a prevalent public health problem. Antibiotics were obtained through various means, including saving leftover prescriptions for later use, getting them from friends and family, or obtaining them from local markets 'under the counter.'

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Exosomes may hold the answer to treating, diagnosing developmental brain disorders

Scientists shed new light on the role that exosomes play in brain development. They show that exosomes are not only integral to the development of neurons and neural circuits, but they can restore health to brain cells affected by developmental disease.

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Gut microbes may affect the course of ALS

New research in mice shows that the gut microbiome may affect the course of amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig's disease.

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Sunday, July 21, 2019

Amending RTI Act will dilute powers of Information Commission: Kejriwal

Delhi Chief Minister Arvind Kejriwal Monday opposed the Centre's move to amend the RTI Act, alleging that it will end the independence of central and states information commissions. Kejriwal, who had actively worked for implementation of the Right to Information Act before coming into politics, said the decision to amend the RTI Act was a "bad move". "Decision to amend the RTI Act is a bad move. It will end the independence of Central & States Information Commissions, which will be bad for RTI," Kejriwal tweeted. On Friday, the Centre introduced a bill in Lok Sabha to amend the RTI Act, seeking to give the government powers to fix salaries, tenures and other terms and conditions of employment of information commissioners. While tabling the Right to Information (Amendment) Bill, Minister of State in the Prime Minister's Office Jitendra Singh had asserted it would lead to ease of delivery of RTI Act and described it as an enabling legislation for administration purposes. However, ..

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RBL Bank tanks 19% in two days on weak FY20 guidance

RBL Bank on Friday said that it expects some challenges on some of their exposures in the near term.

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Tomato prices surge up to Rs 80 per kg in Delhi as monsoon disrupts supply

Prices of vegetables such as ladyfinger, bottle guard and onion have also witnessed a hike and they are likely to increase further if the situation does not come under control in the next month

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SC orders status quo on NCLAT verdict in Essar Steel insolvency case

The apex court said that the monitoring committee will continue its work in Essar insolvency till case is heard on August 7

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Reforms to produce results, 8% plus growth likely from FY21: NITI Aayog VC

On the issue of job creation, Kumar emphasised that a very large number of jobs have been generated in the country in the last five years

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Reforms to produce results, 8% plus growth likely from FY21: NITI Aayog VC

On the issue of job creation, Kumar emphasised that a very large number of jobs have been generated in the country in the last five years

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Oil price to rise? Millions of barrels of Iran oil piled up in China ports

The store of oil has the potential to push down global prices if Chinese refiners decide to draw on it

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SC orders status quo on NCLAT verdict in Essar Steel insolvency case

The apex court said that the monitoring committee will continue its work in Essar insolvency till case is heard on August 7

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HDFC group shares fall on profit-booking; HDFC, HDFC Bank slip up to 4%

HDFC Bank slipped 3 per cent to Rs 2,301 on the BSE in the early morning deals on concerns that sluggish auto industry and pressure in MSME and agriculture sector is likely to impact the growth.

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Instagram's trial to hide number of 'likes' may save users' self-esteem

Without a public tally of likes, it is likely that comments will become an even stronger indicator of how people are interacting with a particular Instagram post

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Bajaj Finance hits two-month low, down 8% in two days

The stock is trading at its lowest level since May 17 and has corrected 15 per cent from its all-time high level of Rs 3,761 touched on July 5

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STAR Market, China's answer to US' Nasdaq, begins trading; 25 stocks debut

For the first time, Chinese companies can list without a track record of past profits or restrictions on IPO pricing

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Tear gas and rubber bullets fired as Hong Kong returns to chaos

Clashes broke out as police attempted to clear the remnants of the latest mass rally against the government and its now-suspended effort to allow extraditions to mainland China

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Over 28,000 species are officially threatened, with more likely to come

These numbers seem small when thinking about the estimated 1 mn species at risk of extinction, but only 1% of the world's animals, fungi and plants have been formally assessed on the IUCN Red List

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Brokerages remain upbeat on Reliance Industries' stock post Q1 results

The stock trades at Rs 1,250 levels on the NSE and has gained 13 per cent in the last one year

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Stocks to watch: Suzlon Energy, OBC, TVS Motor Co, RIL, HDFC Bank, IndiGo

Here's a look at some of the counters which are expected to trade actively in today's trading session.

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RBI Governor's take on economic slowdown, rate cuts, NBFCs and trade war

"We have to only see our domestic demand continues to be robust and ensure that there is a domestic demand revival and that remains strong"

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Top trading ideas by CapitalVia: Sell TVS Motors, Piramal Enterprises

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

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Nifty outlook, top stock picks by Angel Broking; Buy Tata Global, Sell EIL

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd

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Commodity picks: 22 July, 2019

Soybean at the benchmark Indore markets are trading at Rs 3,671 per quintal

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RBI Governor's take on economic slowdown, rate cuts, NBFCs and trade war

"We have to only see our domestic demand continues to be robust and ensure that there is a domestic demand revival and that remains strong"

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Best of BS Opinion: New govt's economic performance good but more is needed

From miffed markets to electric vehicles, here's a selection of Business Standard Opinion pieces for the day

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Eager to assemble more cars locally, but high taxation a hurdle: JLR India

The company said lowering of GST from the current 28 per cent to 18 per cent would help the industry recover from the slowdown and in turn spur employment generation

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FPIs go on selling spree post super-rich tax, withdraw Rs 7,712 cr in July

FPIs had been net investors in the equity segment in the previous five months

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Eager to assemble more cars locally, but high taxation a hurdle: JLR India

The company said lowering of GST from the current 28 per cent to 18 per cent would help the industry recover from the slowdown and in turn spur employment generation

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IL&FS crisis: Sebi expands probe into role of 5 credit rating agencies

Market regulator Sebi has expanded its probe into the role of five credit rating agencies after a forensic audit mandated by the new board of crisis-ridden IL&FS flagged serious lapses and their possible complicity with the former top brass of the group in giving top ratings despite weak financials. While CEOs of two rating agencies have already been forced to go on leave pending completion of the probe on the advice of Sebi, officials said the regulator is now looking into possible systemic lapses at all five rating agencies and also into the role of multiple people suspected to have intentionally manipulated the rating procedures. The special audit conducted by Grant Thornton found that its review of emails exchanged by the former key executives of Infrastructure Leasing and Financial Services (IL&FS) group and the top officials of rating agencies showed that they were aware of the serious liquidity concerns and weakening financials of the group. "However, various strategies

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Private insurance firms make windfall from Railways' insurance scheme

Private insurance companies received a premium of around Rs 46 crore in the last two years from railway and its passengers while making a payout of only Rs seven crore in claims under the national transporter's travel insurance scheme, an RTI has found. IRCTC, which is a wholly owned undertaking of the Ministry of Railways, has entered into an agreement with three private insurance companies through limited tender - Shriram General Insurance Company Ltd, ICICI Lombard General Insurance Company Ltd and Royal Sundaram General Insurance Company Ltd for its Optional Travel Insurance Scheme which was launched in September 2016 with a premium of Rs 0.92 per passenger. This facility is for confirmed/RAC railway passengers who booked e-ticket through the official website of Indian Railway Catering & Tourism Corporation (IRCTC). Under the scheme, a sum assured is paid to the victim/family or legal heir of the victim as the case may be in case of death/injury of reserved passengers due to ..

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Private insurance firms make windfall from Railways' insurance scheme

Under the scheme, a sum assured is paid to the victim/family or legal heir of the victim as the case may be in case of death/injury of reserved passengers due to train accident/untoward incidents

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Reliance says its main gas fields in KG-D6 block in late life stage

The company, beginning mid-2020, will bring to production three sets of new discoveries in the block that will reverse the years of decline in production

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LIC offering Rs 1.25 trillion by 2024 for highway projects, says Gadkari

The Minister said that the line of credit will be used to fund the ambitious Bharatmala project, the revised cost of which has reached Rs 8.41 trillion

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Reliance says its main gas fields in KG-D6 block in late life stage

The company, beginning mid-2020, will bring to production three sets of new discoveries in the block that will reverse the years of decline in production

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India tour of West Indies 2019: Navdeep Saini likely to make India debut

Saini, who played for Virat Kohli-led RCB in the IPL, may be called to the team if Bumrah and Shami are rested for the West Indies tour

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TikTok parent ByteDance to set up first international data centre in India

The company has set an internal target of 6-18 months to set up the data centre

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LIC offering Rs 1.25 trillion by 2024 for highway projects, says Gadkari

The Minister said that the line of credit will be used to fund the ambitious Bharatmala project, the revised cost of which has reached Rs 8.41 trillion

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TikTok parent ByteDance to set up first international data centre in India

The company has set an internal target of 6-18 months to set up the data centre

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TikTok parent ByteDance to set up first international data centre in India

The company has set an internal target of 6-18 months to set up the data centre

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Saturday, July 20, 2019

US firms find ways to evade Trump tariffs, adapt to China's neighbours

Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia

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Why campaigns like #flightshame will not work with Asian flight passengers

Sometime in the next decade, China will surpass the U.S. as the world's biggest aviation market

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RIL has built foundation for next decade in FY19, says Mukesh Ambani

The agenda for approvals at the AGM includes the re-appointment of Nita Ambani as non-executive director, and P M S Prasad as whole-time director on the board

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Big FMCG firms move to protect turf as competition from start-ups hots up

Firms move to protect turf as competition from unconventional rivals intensifies

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Seized tanker after collision, says Iran, UK fears dangerous path

Iran's elite Revolutionary Guards took control of the Stena Impero in the Strait of Hormuz on Friday after it collided with an Iranian fishing boat whose distress call it ignored

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Disney India goes all out to serve 'The Lion King' with local flavours

The studio has released the film in three Indian languages, each with a dedicated script, voice cast, and songs

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Clueless on where to get funds, ShopClues may shut shop in a few months

The company does not have much cash in bank; 150 more employees likely to be laid off

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How Persian Gulf conflict could impact the international commodities market

Japan, India and South Korea would be some of the most vulnerable economies to a Persian Gulf war due to their heavy dependence on the region's crude

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Sheila Dikshit: The leader who brought old-world grace to new-age politics

Her ability to bridge apparent contradictions helped her become one of the most successful CMs of her time, and a face of development across India

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Industry miffed as govt mulls dairy import from New Zealand, Australia

Amul brand owener GCMMF plans to move Centre against move, says imports will force players to cut domestic prices by half, shave off farmer's earnings by 40%

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HDFC Bank reports 18.04% jump in Q1 consolidated net at Rs 5,676.06 cr

During the quarter, gross non-performing assets (NPAs) rose to Rs 11,768.95 crore which is 1.40 per cent of the total advances

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Sheila Dikshit, the stalwart who breathed elegance into Delhi's heritage

Not a born politician, she entered after her husband's demise, helping her father-in-law, learning the ropes in smoke-filled rooms and coming into contact with Indira Gandhi

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Apollo 11 turns 50: Moon exploration, interesting facts & Nasa's to-do list

NASA's Project Artemis aims to take more humans, including the first woman ever to the moon

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Not more than 5,000 super-rich in India, tax hiked to help poor: Sitharaman

FM defends her decision not carrying a leather suitcase to Parliament to present the Budget

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Jet's resolution professional invites expressions of interest by August 3

The airline's assets include 14 aircraft including 10 Boeing planes -- down from 124 before the grounding -- and 49 per cent stake in Jet Privilege and a few buildings

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Steel pipe makers to gain as city gas distribution licenses favour welders

A Crisil report says CGD orders will need at least 10,000-15,000 km a year of pipes through fiscal 2029, entailing an opportunity of over Rs 5,000 cr a year over 10 years

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Jet's resolution professional invites expressions of interest by August 3

The airline's assets include 14 aircraft including 10 Boeing planes -- down from 124 before the grounding -- and 49 per cent stake in Jet Privilege and a few buildings

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Kerala start-up Sastra signs deal to supply robots to Lockheed Martin

The robots will be used for avionics testing; Lockheed also signs deals with start-ups in Chennai and Bengaluru

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HDFC Bank reports 20.8% rise in Q1 net profit at Rs 5,568.2 crore

The lender's gross NPA came in at Rs 11,769 crore

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India Ratings defends process after IL&FS row, says Fitch executive dumped

Finding itself at the centre of the IL&FS controversy, India Ratings on Saturday said its investigation into the role of a senior director at parent firm Fitch's Singapore office found him in violation of the company's code of conduct and he is no longer an employee. The rating agency also defended its rating process, saying its ratings for IL&FS group entities followed a robust and transparent analysis of relevant information including the company's audited financial statements and sought to shift the blame to falsification and sprucing up of the financials by the former top management of the group. It rejected the observations made in a special audit by Grant Thornton of the ratings given by five credit rating agencies, including India Ratings, to some IL&FS entities, in which it has been alleged that the agencies continued to give top ratings despite being aware about weak financials of the group. The audit has also flagged attempts by the erstwhile top management of ...

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HDFC Bank reports 20.8% rise in Q1 net profit at Rs 5,568.2 crore

The lender's gross NPA came in at Rs 11,769 crore

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Ex-Delhi CM and Congress leader Sheila Dikshit passes away at 81

On Friday, three-time Delhi chief minister from Congress, Dikshit had cardiac arrhythmia (irregular heart beat) and had to be immediately put on ventilator

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India buying S-400 from Russia is a 'problem' for US: PACOM commander

India inked an agreement with Russia last October to procure a batch of the S-400 missile systems at a cost of Rs 40,000 crore

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China urges India to join war against protectionism amid trade spat with US

India for long has been pressing China to open its pharmaceutical market for Indian pharma exports to address the yawning trade deficit

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Mukesh Ambani caps his annual salary at Rs 15 cr for eleventh year in a row

Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum

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Raghuram Rajan signals Brexit politics deterred him from seeking BOE job

The government is seeking a successor to Mark Carney, who will step down in January

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Tohoku Steel inaugurates Rs 80 crore unit at Sri City to cater auto sector

The plant produces heat-resistant steel rods and soft magnetic stainless steel rods as per customer requirements

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Several states get new Governors, Anandiben Patel transferred to UP

Phagu Chauhan will fill replace Lal Ji Tandon as Bihar governor

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China urges India to join war against protectionism amid trade spat with US

India for long has been pressing China to open its pharmaceutical market for Indian pharma exports to address the yawning trade deficit

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Friday, July 19, 2019

Strides Bengaluru unit gets 'Voluntary Indicated Action' status from USFDA

The flagship facility in Bengaluru is the largest manufacturing facility for the company with capabilities to produce finished dosage products across multiple formats

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'Just a window dressing': US doubts Pak's intention on Hafiz Saeed's arrest

Saeed, a UN-designated terrorist was arrested on Wednesday -- the seventh times since December 2001

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Best of BS Opinion: India's governance deficit, from cities to companies

From bank nationalisation to Karnataka drama, here are the best of Business Standard Opinions for the day

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Thursday, July 18, 2019

Office leasing increases by 36% to 31.8 million sq ft in H1 this year: CBRE

According to the data, Bengaluru, Hyderabad, NCR and Mumbai accounted for about 80 per cent leasing of office space during the first six half of this calendar year

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Don't see major rise in oil prices due to slowing demand, market glut: IEA

IEA's Fatih Birol also said that electric vehicles are not expected to make a dent on crude demand in India and elsewhere

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Govt mulling extension of ongoing Parliament session by 2-3 days: Report

The first session of the 17th Lok Sabha began on June 17 and is scheduled to conclude on July 26

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Office leasing increases by 36% to 31.8 million sq ft in H1 this year: CBRE

According to the data, Bengaluru, Hyderabad, NCR and Mumbai accounted for about 80 per cent leasing of office space during the first six half of this calendar year

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Cyient reports worst quarter nos in decade; stock dips 11% to hit 52-wk low

Cyient's Q1FY20 revenue of USD 157 million de-grew by 5.2% QoQ, was worst sequential performance in the past 10 years.

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Maruti Suzuki slips 2%, hits over two-year low amid earnings concerns

In the past three months, MSIL has underperformed the market by falling 22 per cent, as compared to 1 per cent decline in the S&P BSE Sensex

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L&T bags orders from Damodar Valley Corporation to set up FGD systems

Infrastructure company Larsen & Toubro Friday said its power business has bagged "significant" orders from Damodar Valley Corporation (DVC) to set up flue gas desulphurisation (FGD) systems in three of its power plants. DVC's three plants where FGD systems will be set up are Durgapur Steel Thermal Power Station (2x500 MW), Mejia Thermal Power Station (2x500 MW) and Raghunathpur Thermal Power Station (2x600 MW) - in West Bengal, Larsen & Toubro (L&T) said in a regulatory filing. The company did not provide value of the engineering, procurement and construction (EPC) contracts, but said the orders fall under "significant" category which ranges between Rs 1,000 crore and Rs 2,500 crore as per its classification of contracts. L&T said India's power ministry has set December 2022 as the deadline for existing thermal power plants to comply with revised emission norms. Installation of FGD systems in existing and upcoming thermal power plants has been made mandatory by ...

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The day India's banks died because of political priorities of a populist PM

Indira Gandhi's brilliance as a politician lay in her ability to transform the most sordid political intrigue into high ideological disputation

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ACC gains 5% on better-than-expected June quarter earnings

The company posted 39 per cent year-on-year jump in consolidated net profit at Rs 456 crore in June quarter on the back of higher realisation.

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How big is moon and how far is it? Let's put facts into perspective

The equatorial diameter of the Moon is about 3,476km, while the polar diameter is 3,472km

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50th anniversary of Apollo 11: How we came to know a lot about the Moon

Here's a brief timeline of the landmark moments of lunar exploration in modern times

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Stocks to watch: RIL, IndiGo, ICICI Lombard, ACC, Bandhan Bank, Jet Airways

Here's a look at the top counters that are likely to trade actively in today's session.

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We have done right investments for sustained growth, says Infosys CEO

The clients are positive with us and we have seen some level of stability. So, from a business perspective, we feel comfortable where we are going and first-quarter growth is testimony to that

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We have done right investments for sustained growth, says Infosys CEO

The clients are positive with us and we have seen some level of stability. So, from a business perspective, we feel comfortable where we are going and first-quarter growth is testimony to that

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Who is behind Mumbai building collapse? Five key points based on data

Over 14,000 buildings in Mumbai are at risk of collapsing

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Focusing on needs of consumer, India's unicorns are like workhorses

India's four largest unicorns are in online payments, e-commerce, ride-hailing and education

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Commodity outlook by Tradebulls Securities: Sell gold, buy zinc

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

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Derivative strategy on NBCC by HDFC Securities

Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.

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Today's picks: From HDFC to Tata Motors, hot stocks to watch on Friday

Nifty, Nifty Bank, HDFC, Tata Motors, GAIL

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Focusing on needs of consumer, India's unicorns are like workhorses

India's four largest unicorns are in online payments, e-commerce, ride-hailing and education

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MARKET LIVE: SGX Nifty suggests positive start for benchmark indices

Catch all the live market updates here

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IL&FS case: NCLT allows MCA to prosecute Deloitte Haskins, BSR Associates

Other individuals allowed by the tribunal to be prosecuted include partners of audit firm Deloitte Udayan Sen, Kalpesh Mehta, and Sampath Ganesh, partner in BSR Associates

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Best of BS Opinion: Budget 2019 marks a paradigm shift, quells all doubts

From Kulbhushan Jadhav's reprieve to bank nationalisation, here are the best of Business Standard Opinions for the day

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Wednesday, July 17, 2019

Stocks to watch: PSU banks, ACC, DB Corp, L&T Infotech, Wipro, Mindtree

Here's a look at the top counters that are likely to trade actively in today's session.

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Nifty outlook and top stock picks by CapitalVia: Buy HDFC, Ultratech Cement

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

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Jalan panel proposes 'nominal' transfer of RBI funds to govt over 3-5 years

The committee has recommended a periodic review of the RBI's economic capital framework, according to a source

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Govt's plan to sell its first foreign sovereign bonds a risky money idea?

A key nationalist ally of Modi's ruling Bharatiya Janata Party has called the proposal a 'dangerous idea', which could lead India into a debt trap

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Netflix to offer an affordable Rs 250 a month, mobile-only plan in India

Netflix currently offers three monthly plans in India, priced between Rs 500 and Rs 800

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Govt's plan to sell its first foreign sovereign bonds a risky money idea?

A key nationalist ally of Modi's ruling Bharatiya Janata Party has called the proposal a 'dangerous idea', which could lead India into a debt trap

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Netflix to offer an affordable Rs 250 a month, mobile-only plan in India

Netflix currently offers three monthly plans in India, priced between Rs 500 and Rs 800

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Buy and sell ideas by Sacchitanand Uttekar of Tradebulls Securities

Nifty outlook and top trading ideas by Sacchitanand Uttekar, DVP - Technical (Equity).

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Foreign investors pull out Rs 6,000 cr in July as selling spree continues

They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy

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YES Bank reports 91% decline in net profit in Q1FY20 at Rs 114 cr

In the same quarter of the last financial year (2018-19 or FY19), the bank's profit was Rs 1,260 crore

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Why children of farmers in India are less likely to take up farming

For the first time since Independence, India saw a shift of surplus labour from agriculture to the non-agricultural sectors

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Top 10 biz headlines: Changes in insolvency law, IndiGo board meet, & more

From changes in insolvency law to Wipro Q1 results, Business Standard brings you the top headlines that made news on Wednesday

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Best of BS Opinion: Have our institutions responded adequately to frauds?

From trade trouble to future demographic shocks, here are the best of Business Standard Opinions for the day

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Billionaire Azim Premji helps create India's newest tech unicorn, Icertis

Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million

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Economic Affairs Committee approves India's largest hydro-electric project

The Cabinet cleared a Bill for amendments to Companies Act to replace ordinance promulgated in this regard in February

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Ultrasound-assisted optical imaging to replace endoscopy in breakthrough discovery

New research introduces a novel technique which uses ultrasound to noninvasively take optical images through a turbid medium such as biological tissue to image body's organs. This new method has the potential to eliminate the need for invasive visual exams using endoscopic cameras.

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Ultrasound-assisted optical imaging to replace endoscopy in breakthrough discovery

New research introduces a novel technique which uses ultrasound to noninvasively take optical images through a turbid medium such as biological tissue to image body's organs. This new method has the potential to eliminate the need for invasive visual exams using endoscopic cameras.

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Take flight! Automating complex design of universal controller for hybrid drones

Hybrid unmanned aerial vehicles, or UAVs, are drones that combine the advantages of multi-copters and fixed-wing planes. These drones are equipped to vertically take off and land like multi-copters, yet also have the strong aerodynamic performance and energy-saving capabilities of traditional planes. As hybrid UAVs continue to evolve, however, controlling them remotely still remains a challenge.

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Electronic chip mimics the brain to make memories in a flash

Engineers have mimicked the human brain with an electronic chip that uses light to create and modify memories.

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Rare inherited enzyme disorder yields insight into fibrosis

Investigators have discovered an association between a deficiency in the enzyme neuraminidase 1 and the build-up of connective tissue in organs, suck as the muscle, kidney, liver, heart and lungs.

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Test shown to improve accuracy in identifying precancerous pancreatic cysts

CompCyst, a new test, distinguishes pancreatic cysts that are destined to become cancer and need to be surgically removed from cysts that can be left alone without causing harm. The researchers believe CompCyst has the capacity to substantially reduce unnecessary surgeries for pancreatic cysts.

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New tuberculosis tests pave way for cow vaccination programs

Skin tests that can distinguish between cattle that are infected with tuberculosis (TB) and those that have been vaccinated against the disease have been created by an international team of scientists.

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Tuesday, July 16, 2019

Next 6 months will be volatile for auto sector over BS-VI shift: MRF CMD

Indian automotive industry is at an inflection point where both opportunities and challenges abound in equal measure

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Anand Mahindra to ban plastic bottles from boardrooms after Twitter advice

Mahindra was replying to a woman who pointed out the plastic bottles at a boardroom meeting

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Xiaomi Redmi K20-series India launch at noon: Livestream, specs, and more

The Redmi K20 Pro is a premium smartphone with flagship features and specifications. The Redmi K20, on the other hand, is a vanilla version of the Pro edition

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Xiaomi Redmi K20-series India launch at 12 PM: Livestream, specs, and more

The Redmi K20 Pro is a premium smartphone with flagship features and specifications. The Redmi K20, on the other hand, is a vanilla version of the Pro edition

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Growing up in Space Age: We need a moonshot of the first footstep on Mars

Moonshot is necessary not because more flags need to be planted and more footsteps left behind on a distant world, but because of the need to inspire present and future generations

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DCB Bank plunges 14% on disappointing June quarter results

The private sector lender reported a sub-par performance in June quarter (Q1FY19) led by decline in loan growth, sequential rise in fresh slippages and NPAs, and continued pressure on margin.

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Endangered rhinos face threat in Kaziranga as floods worsen in northeast

The Kaziranga National Park, home of the endangered one-horned rhino, was almost entirely under water

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India-US ties at tipping point, must manage trade tensions urgently: Report

The report counsels that India and the United States redouble their efforts to go down a path of constructive engagement that can lead, in the short term, to a first ever bilateral trade agreement

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'Anti-patriotic': RSS wing says India must not issue foreign currency bonds

They say it is anti-patriotic as it could create long-term risks for the economy, potentially allowing rich foreign nations and their financial institutions to dictate the country's policies

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Next 6 months will be volatile for auto sector over BS-VI shift: MRF CMD

Indian automotive industry is at an inflection point where both opportunities and challenges abound in equal measure

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India-US ties at tipping point, must manage trade tensions urgently: Report

The report counsels that India and the United States redouble their efforts to go down a path of constructive engagement that can lead, in the short term, to a first ever bilateral trade agreement

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Stocks to watch: Mindtree, Wipro, YES Bank, Maruti, DCB Bank, MCX, IndiGo

Here's a look at some of the counters which are likely to trade actively in today's session.

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Govt to launch portal to help Jet Airways staff find jobs in other airlines

The Civil Aviation Ministry is in touch with other private airlines such as SpiceJet and IndiGo to assist Jet staff get meaningful employment.

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Govt to launch portal to help Jet Airways staff find jobs in other airlines

The Civil Aviation Ministry is in touch with other private airlines such as SpiceJet and IndiGo to assist Jet staff get meaningful employment.

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Mumbai building collapse: Toll rises to 13, many feared trapped in rubble

Mumbai police has made lightning arrangements to carry out rescue operation in night

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BS Opinion: India aims for moon, but social outlook remains in dark ages

From DHFL crisis to gender bias in India, here are the best of Business Standard Opinions for the day

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Technical calls from HDFC Securities: Buy Biocon, Ultratech Cement

Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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If not quashed, Essar Steel ruling can unravel India's insolvency reform

The ruling can make credit costs for India Inc. surge, shares of state-run banks swoon and foreign investors flee

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Hong Kong protests have residents plotting their exit to Canada, Australia

In Canada, the surge in migration inquiries is reminiscent of the late 1990s in the run up to the handover of Hong Kong to China

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If not quashed, Essar Steel ruling can unravel India's insolvency reform

The ruling can make credit costs for India Inc. surge, shares of state-run banks swoon and foreign investors flee

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HC quashes green clearances for Rs 14,000-crore Mumbai coastal road

The proposed coastal road project will would connect Marine Drive area in south Mumbai to suburban Borivali in the north

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Govt plans to launch rules to end gas distributors' monopoly in 34 areas

The rules will be ready in three months, and implementation would take another three months as the regulator will first seek feedback from companies and the public

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Monday, July 15, 2019

Amid Iran's threat of withdrawal, why Nuclear NPT is still important?

Possession of the uranium doesn't put Iran much closer to developing a nuclear weapon, but it does raise troubling questions about the future of nuclear non-proliferation

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How tech cos make us feel like we own their apps and how that benefits them

Psychological ownership can benefit the companies because it leads users to take on valuable extra roles

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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...