Bharti Infratel zooms 5% as Board okays Indus Tower merger; Voda Idea up 8%

Vodafone Idea has decided to cash out by selling its 11.15 percent stake in Indus. The move comes ahead of the Supreme Court's verdict in the AGR case today

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Escorts surges 5% as tractor sales grow 80% YoY in August

The company's management remains optimistic for the coming festive months

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L&T, BEML, Tata Power rise on Rs 2,580 crore deal with Defence Ministry

The Acquisition Wing, Ministry of Defence signed contracts with Bharat Earth Movers Ltd (BEML), Tata Power Company Ltd (TPCL), and Larsen & Toubro (L & T) on August 31.

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Latest news LIVE updates: Manufacturing PMI at 52, enters expansion zone

The Joint Entrance Examination (Main) for admission to top engineering colleges in the country will commence from today. Stay tuned for latest news LIVE updates

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India's factory activity grows for first time in five months in August

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 52.0 in August from 46.0 in July

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Bharti Infratel to go ahead with long delayed merger with Indus Towers

Infratel will be a majority shareholder in the merged entity with a likely stake of 68.6%, while London-listed Vodafone Group Plc (VOD.L) will hold 28.2%

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9Unicorns makes first close of Rs 100 cr for its new fund for start-ups

The fund intends to offer $100,000 for 5-7% equity per start-up

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Escorts Ltd posts best-ever August sales; domestic tractor sales shoot 80%

The company's domestic sales rose to 6,750 units from 3,763 units

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Amazon's surveillance can boost output and possibly limit unions: Study

Companies across industries use data on their workforce to boost output

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AstraZeneca's Covid-19 vaccine candidate begins late-stage US study

The trial is being conducted under U.S. government's Operation Warp Speed program, which aims to accelerate development, manufacturing and distribution of vaccines and treatments for Covid-19

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Nifty outlook & stock calls by Anand Rathi: Buy Bajaj Auto, Relaxo Footwear

The stock of Bajaj Auto has breached its short term 21-DMA which was placed at 3020, which will now act as a major resistance

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MARKET LIVE: SGX Nifty trades 30 pts up; GDP fall, AGR verdict in focus

Catch all the live market updates here

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MARKET LIVE: SGX Nifty trades 30 pts up; GDP fall, AGR verdict in focus

Catch all the live market updates here

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CM Bhupesh Baghel demands Rs 2,828 Cr from Centre as GST compensation

A meeting of State Finance Secretaries with the Union Finance Secretary and Secretary (Expenditure) is scheduled to be held on September 1, 2020, for clarifying issues, if any

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Top biz headlines: GDP shrinks 23.9%, Adani-GVK deal, JioFiber, and more

Here are the top business headlines on Tuesday

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Japan to extend emergency loan worth Rs 3,500 cr for India to fight Covid19

Japanese ambassador Satoshi Suzuki, and CS Mohapatra, additional secretary in India's department of economic affairs exchanged notes regarding the provision of the yen loan

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Coronavirus LIVE: India cases at 3,687,939; Maharashtra tally nears 800,000

Coronavirus latest news: India is likely to get an approved coronavirus vaccine by early 2021. India's coronavirus total now stands at 3,687,939. Stay tuned for coronavirus LIVE updates

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Best of BS Opinion: A global perspective on innovation, GST row & more

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

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Q1 GDP data: Employment-creating sectors bear brunt of slowdown

Construction sector fell a staggering 50.3 per cent, while manufacturing sector contracted by 39.3 per cent, at constant prices

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GST compensation row: State govts ask Centre to borrow and pay

The finance ministry on Saturday officially communicated the finer details of the two options to states to make up for the compensation shortfall by way of borrowings

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Rally comes to a screeching halt; Sensex dives 2%, Nifty ends below 11,400

The Sensex closed at 38,628.3, a drop of 839 points or 2.13 per cent -the most since May 18

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65% SIP assets below 3 years amid chase for high returns, shows data

Only 17 per cent of SIP assets are over the five-year mark, which is considered ideal for equity investments to even out the impact of market volatility

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Sebi extends easier processing norms for FPI registrations, citing lockdown

Regulator, earlier this year, allowed custodians to furnish scanned documents instead of originals for FPI registrations

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What to expect from Q1 GDP data today? Here's what key indicators suggest

GDP data for the April to June quarter will reveal how badly the economy was hit by the coronavirus pandemic

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OPPO leads, Samsung slips to 2nd in Southeast Asian smartphone market in Q2

OPPO edged out Samsung to become the top vendor with a 20.3 per cent market share, according to Counterpoint Research

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What to expect from Q1 GDP data today? Here's what key indicators suggest

GDP data for the April to June quarter will reveal how badly the economy was hit by the coronavirus pandemic

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OPPO leads, Samsung slips to 2nd in Southeast Asian smartphone market in Q2

OPPO edged out Samsung to become the top vendor with a 20.3 per cent market share, according to Counterpoint Research

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RIL-Future Group deal: RIL shares rally over 2.5%; Future Group stocks jump

Shares of RIL had hit an all-time high of Rs 2,198.70 on July 27, 2020.

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Adani Group acquires 74 per cent stake in Mumbai International Airport

The deal has been finalised even though a consortium of foreign investors which had earlier signed a binding agreement with GVK group for buying the asset has legally challenged it

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Adani Group acquires 74 per cent stake in Mumbai International Airport

The deal has been finalised even though a consortium of foreign investors which had earlier signed a binding agreement with GVK group for buying the asset has legally challenged it

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'See rupee trade in the range of 72.50 - 74.50 in the short-term'

Receiving longer tenor, therefore, looks a good proposition considering the steepness of the curve. Near-end is likely to remain anchored on account of abundant Rupee liquidity in the banking system

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'See rupee trade in the range of 72.50 - 74.50 in the short-term'

Receiving longer tenor, therefore, looks a good proposition considering the steepness of the curve. Near-end is likely to remain anchored on account of abundant Rupee liquidity in the banking system

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The Future is in good hands; but will the promoter buyout come later?

Mukesh Ambani, despite being a later starter in the Retail Business, is today the undisputed emperor.

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The Future is in good hands; but will the promoter buyout come later?

Mukesh Ambani, despite being a later starter in the Retail Business, is today the undisputed emperor.

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Stocks to watch: RIL, ITC, RBL Bank, Wockhardt, financials, JK Cement

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

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Here's what makes Vaishali Parekh bullish on Bank of India, United Spirits

The stock of United Spirits has taken support near 570 and is forming a double bottom pattern in the daily chart

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Latest news LIVE updates: SC to pronounce sentence in Prashant Bhushan case

Prashant Bhushan faces simple imprisonment of up to six months or a fine of up to Rs 2,000 or both as punishment under Contempt of Court Act. Stay tuned news LIVE updates

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Pharma sector needs global collaboration: Industry leaders, govt officials

The need of global collaboration in the pharma sector from research and development to drug manufacturing has never been as great as it is now amid the deadly COVID pandemic

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Once fastest-growing large economy, India faces steepest quarterly slump

Data due Aug. 31 will likely show GDP declined 19.2% in the quarter to June from a year ago

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MARKET LIVE: Indices set to open higher; all eyes on Q1 GDP data

Catch all the live market updates here

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Coronavirus LIVE: India cases cross 3.6 mn; 79,457 cases recorded in 24 hrs

Coronavirus latest news: With Russia approving a coronavirus vaccine before Phase-3 trials, the US FDA has said that it is also willing to fast-track a vaccine. Stay tuned for coronavirus LIVE updates

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US election provides New Delhi narrow window for trade deal with Washington

The U.S.-India trade relationship in the Trump era has been dismal - partly because Indian trade officials have been slower than their counterparts in Europe or even China

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Refund charges imposed on e-payments since Jan this year: CBDT to banks

The CBDT, through a circular, said that banks are advised to not collect any charges on transactions or payments made through electronic mode.

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Once fastest-growing large economy, India faces steepest quarterly slump

Data due Aug. 31 will likely show GDP declined 19.2% in the quarter to June from a year ago

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US election provides narrow window to India for trade deal with Washington

The U.S.-India trade relationship in the Trump era has been dismal - partly because Indian trade officials have been slower than their counterparts in Europe or even China

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Best of BS Opinion: Journey of economic reforms, ease of doing biz & more

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

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Honor MagicBook 15: An affordable notebook good for work-from-home needs

Launched at Rs 42,990, the Honor MagicBook 15 competes in sleek and lightweight notebook category

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Overdue replacement cycle to drive recovery in commercial vehicles: VECV

Overdue replacement cycle of commercial vehicles will drive recovery in the market, while demand for trucks is expected to start coming back from October-November onwards

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Honor MagicBook 15: An affordable notebook good for work-from-home needs

Launched at Rs 42,990, the Honor MagicBook 15 competes in sleek and lightweight notebook category

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FM Sitharaman to hold review meeting with lenders on loan recast scheme

Most state-owned bank execs expect 5-7% of their loan books will require restructuring

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FM Sitharaman to hold review meeting with lenders on loan recast scheme

Most state-owned bank execs expect 5-7% of their loan books will require restructuring

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China's new tech export controls could give Beijing a say in TikTok sale

It can take up to 30 days to obtain preliminary approval to export the technology

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DATA STORY: India tests over 1 mn in day, adds nearly 79,000 coronavirus cases to tally

India now accounts for 11.23% of all active cases globally (one in every 9 active cases), and 7.50% of all deaths (one in every 13)

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GAIL eyess at petrochem, renewables to supplement core

Will bid for new pipelines put on offer by regulator and continue to grow gas transmission biz by laying key sections of National Grid; 7,500-km lines, mostly to eastern parts are currently being laid

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Let the games begin: In latest Mann Ki Baat, PM Modi gets vocal about toys

He said that India has the talent and ability to become a toy hub and be a major part of the Rs 7 trillion global industry

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156 terrorists neutralised by Jammu and Kashmir security forces this year

Following this joint parties of the police and CRPF cordoned off the area and began a search operation

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Diagnostics too sensitive: Your Covid test is positive. Should it be?

The usual diagnostic tests may simply be too sensitive and too slow to contain the spread of the virus

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'The Big Short 2.0': How hedge funds profited off the pain of malls

As the pandemic accelerated the demise of some brick-and-mortar retailers, a group of investors profited handsomely from their travails

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In China, where the Covid pandemic began, life is starting to look normal

While the United States and much of the world are still struggling to contain the coronavirus pandemic, life in many parts of China has in recent weeks become strikingly normal

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Latest News LIVE: PM Modi to address nation through 'Mann Ki Baat' at 11 AM

Stay tuned with Business Standard for news LIVE updates

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Future goes to RIL: Biyani, pioneer of retail, bows to winds of change

Biyani (59), who started his business in 1987 by launching Manz Wear which later adopted the brand name of Pantaloon, has agreed to hand over the control of his retail empire to relatively new entrant

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Not one concern raised in our letter addressed in CWC meeting: Kapil Sibal

The signatories of the letter have been at loggerheads and termed dissenters within the party by Gandhi family loyalists

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Future goes to RIL: Biyani, pioneer of retail, bows to winds of change

Biyani (59), who started his business in 1987 by launching Manz Wear which later adopted the brand name of Pantaloon, has agreed to hand over the control of his retail empire to relatively new entrant

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Donald Trump's China sanctions fail Russian history Test in Moscow

The US sanctions machinery has generally been targeted at smaller, rogue states. Not always, though.

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As IPO looms, all you need to know about billionaire Jack Ma's Ant Group

A 2011 offshoot of Chinese giant Alibaba Group Holding Ltd., the firm has defined and dominates the Chinese payments market through its ubiquitous Alipay app

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Joe Biden's lead over Trump narrows after Republican Convention: Poll

The narrowing stands in contrast with a similar poll conducted after last week's Democratic National Convention, which showed that Biden's lead over Trump was statistically unchanged

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Global death toll from coronavirus surpass 840,000: Johns Hopkins

With total COVID-19 cases around the world reaching 24,892,543, the death toll worldwide rose to 840,341 as of 6:28 p.m. (2228 GMT), the CSSE data showed

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Coronavirus LIVE: India Covid-19 cases at 3,539,712, death toll 63,657

Coronavirus latest news: India is likely to get an approved coronavirus vaccine by early 2021. The country's total coronavirus case count is now at 3,539,712. Stay tuned for coronavirus LIVE updates

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NMDC has scope for value-unlocking for investors with demerger plan

Steel plant demerger, improved return ratios for mining business, high dividend yield key positives

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Financial experts express mixed feelings on RBI's restructuring package

Srei Infrastructure Finance vice chairman Sunil Kanoria said the RBI restructuring package is somewhat "restrictive and not a workable solution"

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Despite Covid-19, Hyundai expects to cross yearly domestic growth threshold

Last month, the auto major's domestic sales volume reached 98 per cent of July 2019 level

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Coca-Cola to cut thousands of jobs, reduce biz units as Covid-19 hits sales

It plans to first offer buyouts to 4,000 employees in the United States, Canada and Puerto Rico and then offer a similar voluntary programme in other countries

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Suresh Raina pulls out IPL 2020 due to 'personal reasons', returns to India

The development comes just a day after news broke of several CSK members testing positive for Covid-19

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How coronavirus pandemic has disrupted India's routine healthcare services

Fewer women accessed maternal healthcare in March and April 2020

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How coronavirus pandemic has disrupted India's routine healthcare services

Fewer women accessed maternal healthcare in March and April 2020

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DATA STORY: India adds 75,000+ cases for 3rd straight day; tally past 3.4 mn

India's new daily closed cases stand at 66,071 - 1,021 deaths and 65,050 recoveries. The share of deaths in total closed cases stands at 1.57%

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Will FM answer how to describe mismanagement of economy: Chidambaram

Sitharaman on Thursday said the economy had been hit by the pandemic, which is an 'Act of God', and it would see a contraction in the current fiscal

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'A true fighter': Black Panther star Chadwick Boseman dies of cancer at 43

The actor had been diagnosed with stage three colon cancer in 2016. "He died in his home, with his wife and family by his side," the statement said

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Elon Musk's latest: Meet a group of pigs with 'mind-reading brain implants'

Elon Musk spoke enthusiastically about the potential for the technology to address brain injuries and other disorders

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J-K: 3 unidentified terrorists killed in Pulwama encounter, search underway

Incrimination materials including arms and ammunition have been seized from the encounter site and the search operation is underway

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Amateur drone videos could aid in natural disaster damage assessment

It wasn't long after Hurricane Laura hit the Gulf Coast Thursday that people began flying drones to record the damage and posting videos on social media. Those videos are a precious resource, say researchers who are working on ways to use them for rapid damage assessment. By using artificial intelligence, the researchers are developing a system that can automatically identify buildings and make an initial determination of whether they are damaged and how serious that damage might be.

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Abe defied expectations to build financially stable, socially liberal Japan

Abe tried to reform Japan's hidebound and unproductive corporate culture. His administration created a new corporate governance code and investor stewardship code

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From Bezos to Musk: World's richest people smashed wealth records this week

This week marked just the latest boon for the personal fortunes of the richest of the rich, whose red-hot growth has been largely driven by surging markets, particularly for tech shares

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Cholesterol drug combinations could cut health risk

More patients could benefit from combinations of cholesterol-lowering drugs to reduce their risk of stroke and heart attacks.

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Which OCD treatment works best? New brain study could lead to more personalized choices

New research could improve the odds that people with obsessive-compulsive disorder will receive a therapy that really works for them - something that eludes more than a third of those who currently get OCD treatment. The study suggests the possibility of predicting which of two types of therapy will help people with OCD: One that exposes them to the subject of their obsessive thoughts and behaviors, or one that focuses on stress reduction and problem-solving.

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Synthetic compound could serve as prototype for novel class of drugs to treat neurological damage

Researchers have developed a neurologically acting protein and tested it in laboratory studies. In mice, the experimental compound ameliorated symptoms of certain neurological injuries and diseases, while on the microscopic level it was able to establish and repair connections between neurons. This proof-of-principle study suggests that biologics, which act on neuronal connectivity, could be of clinical use in the long term.

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Prior Zika virus infection increases risk of severe dengue disease

A new study finds that people who have antibodies to the mosquito-borne Zika virus are more vulnerable to developing dengue disease. This immune interaction, called antibody-dependent enhancement, could complicate the search for a safe and effective vaccine that protects against Zika without also increasing the risk of dengue.

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Stereocenters rendered dynamic in one succinct step

Princeton Chemistry labs collaborate to demonstrate the ability of photoredox catalysis to take traditionally static stereocenters and render them dynamic by continuously and controllably breaking and re-forming molecular bonds.

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Using math to examine the sex differences in dinosaurs

When you only have fossils to go off of, it's hard to tell which dinosaur traits, like size and ornamentation, are related to the animals' sex, and which traits are related to other things like age. But a new kind of statistical analysis can often estimate the degree of sexual variation in a dataset of fossils.

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Best of BS Opinion: The ipse dixit problem, India's trade policy, and more

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

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Gold prices today at Rs 55,200 per 10 gm; silver jumps to Rs 66,300 a kg

In New Delhi, the price of 22-carat gold jumped to Rs 49,900 per 10 gram, and in Chennai to Rs 49,240

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Coronavirus LIVE: India cases rise to 3,461,240; death toll at 62,713

Coronavirus latest news: India is likely to get an approved coronavirus vaccine by early 2021. The country's total coronavirus case count is now at 3,461,240. Stay tuned for coronavirus LIVE updates

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GMR Infra zooms 10% on proposal to list airport business, pares gains later

According to the restructuring process, the non-airport business, comprising energy, urban infrastructure, and EPC services, will be moved to GMR Power and Urban Infra Ltd (GPUIL) as a going concern

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NMDC jumps 10% after Q1 result; net profit declines 55% due to lockdown

NMDC's turnover during the first quarter was Rs 1,938 crore compared to Rs 3,264 crore during the corresponding quarter last fiscal.

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On-board meal service in flights to resume soon as govt lifts ban

In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus

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On-board meal service in flights to resume soon as govt lifts ban

In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus

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On-board meal service in flights to resume soon as govt lifts ban

In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus

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Stocks to watch: Edelweiss Fin Services, Max India, NMDC, GMR Infra, M&M

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

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Trading strategies for Lead and Natural Gas by Tradebulls Securities

Lead has made narrow-bodied candles around 158-159 zone

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Here's a Bull Spread strategy on Axis Bank by HDFC Securities

Short-term trend of the stock is positive

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Nifty strategy by Anand Rathi: Buy on dips with stop-loss at 11,450

Banknifty has also started joining the market rally

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Brokerages turn bullish on SBI on attractive valuation; see 20-44% upside

From its recent low of Rs 150.85 apiece (closing basis) touched on May 22, 2020, the stock has rallied 39 per cent on the BSE, data show

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Brokerages turn bullish on SBI on attractive valuation; see 20-44% upside

From its recent low of Rs 150.85 apiece (closing basis) touched on May 22, 2020, the stock has rallied 39 per cent on the BSE, data show

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Animal spirits stir: Economic indicators hint at slow recovery for India

Any rebound will be slow though, with economists in a Bloomberg survey predicting a milder contraction of 5.3% in the quarter to September

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MARKET LIVE: SGX Nifty trends suggest a positive opening for Indian indices

Catch all the live market updates

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Theatrics aside, Kamala Harris may help build on Trump's India policy

"Indians love drama, which explains President Trump's popularity in India," said Harris's maternal uncle, Gopalan Balachandran, an academic based in New Delhi

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Animal spirits stir: Economic indicators hint at slow recovery for India

Any rebound will be slow though, with economists in a Bloomberg survey predicting a milder contraction of 5.3% in the quarter to September

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Best of BS Opinion: GST uncertainty continues, erratic realities, and more

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

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Gold price today at Rs 55,200 per 10 gm, silver falls to Rs 65,500 per kg

In New Delhi, the price of 22-carat gold jumped to Rs 50,600 per 10 gram, and in Chennai to Rs 49,750

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Coronavirus LIVE: India records 76,826 new cases; total count at 3,384,575

Coronavirus news: 3 more volunteers got a shot of Oxford corona vaccine 'Covishield' in Pune, with no side-effects. India's coronavirus total is at 3,384,575. Stay tuned for coronavirus LIVE updates

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This founder is giving his first 50 employees $233 million of his stock

Nikola said the grant of options for shares of common stock won't dilute shareholders and there will be no compensation by the company to the founder

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Amazon's Jeff Bezos becomes the first person ever worth $200 billion

Musk extends an extraordinary stretch of wealth gains to become a centibillionaire

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Duchenne: 'Crosstalk' between muscle and spleen

Duchenne muscular dystrophy (DMD) is the most common muscle disease in children and is passed on by X-linked recessive inheritance. Characteristic is a progressive muscular atrophy. Researchers have found a connection between dystrophic muscles and the lymphatic system in mice with Duchenne disease.

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Microbes working together multiply biomass conversion possibilities

Non-edible plants are a promising alternative to crude oil, but their heterogenous composition can be a challenge to producing high yields of useful products. Scientists have developed a platform that combines different microorganisms that can make a dramatic difference.

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Single-use N95 respirators can be decontaminated and used again, study finds

N95 respirators, which are widely worn by health care workers treating patients with COVID-19 and are designed to be used only once, can be decontaminated effectively and used up to three times, scientists report.

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Future Enterprises hits 5% upper circuit as board to consider raising funds

Other Future Group companies' stock also rallied on the development, with Future Retail surging 7 per cent

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OPPO F17 series set to launch in India on Sept 2: Know features, and more

The OPPO F17 Pro will feature a quad-camera array on the back and a dual-camera set-up on the front

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Hindustan Aeronautics tanks over 11% as government plans to sell 15% stake

The government will sell a stake of about 10 per cent, with an option to sell a further 5 per cent in the company, according to a stock exchange filing on Wednesday.

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No sales but stock price of Indian firm rises 4,300% amid penny stock boom

The prospect of risky investments turning sour raises concerns that any sudden withdrawals by small traders could wind up hurting the broader market as well

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OPPO F17 series set to launch in India on Sept 2: Know features, and more

The OPPO F17 Pro will feature a quad-camera array on the back and a dual-camera set-up on the front

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Apple iOS 14 to severely hit our online advertising, says Facebook

Facebook has acknowledged that Apples upcoming iOS 14 may lead to over 50 per cent decline in its Audience Network advertising business

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Stocks to watch: HAL, telcos, IGL, M&M, ICICI Bk, realty counters, Gillette

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

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Future Enterprises' board to meet on Saturday, to discuss raising funds

A source said the board would also look at the proposal to merge three other listed entities of the Future group with FEL

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Indian farmers driven to debt as banks turn risk-averse during pandemic

Agriculture accounts for near 15% of India's $2.8 trillion economy and is a source of livelihood for more than half of its 1.3 billion people

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India cannot be export powerhouse without being open to imports: Panagariya

Except for a gap of about 200 years, India has been a large contributor to global output, Panagriya wrote in his book India Unlimited: Reclaiming the Lost Glory

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A 29-year-old Dutch writer has become the youngest author to win the International Booker Prize

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Indian farmers driven to debt as banks turn risk-averse during pandemic

Agriculture accounts for near 15% of India's $2.8 trillion economy and is a source of livelihood for more than half of its 1.3 billion people

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New Zealand mosque shooter sentenced to life without parole

The white supremacist who slaughtered 51 worshippers at two New Zealand mosques was sentenced Thursday to life in prison without the possibility of parole

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India cannot be export powerhouse without being open to imports: Panagariya

Except for a gap of about 200 years, India has been a large contributor to global output, Panagriya wrote in his book India Unlimited: Reclaiming the Lost Glory

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MARKET LIVE: Sensex, Nifty likely to open flat ahead of F&O expiry

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MARKET LIVE: Sensex, Nifty likely to open flat ahead of F&O expiry

Catch all the live market updates here

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Post Covid-19 cold war world will be a tough place for Jack Ma's Ant Group

China sales account for about 95% of Ant's revenue. Yet overseas expansion is destined to become more important to the company

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Slow pace of pay growth adds to hurdles in way of India's economic recovery

A survey by Deloitte Touche Tohmatsu India LLP showed average salaries gained 3.6 per cent in the fiscal year that started in April, down from 8.6 per cent a year ago

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29-year-old Dutch writer becomes youngest to win International Booker Prize

A 29-year-old Dutch writer has become the youngest author to win the International Booker Prize

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Slow pace of pay growth adds to hurdles in way of India's economic recovery

A survey by Deloitte Touche Tohmatsu India LLP showed average salaries gained 3.6 per cent in the fiscal year that started in April, down from 8.6 per cent a year ago

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Latest news live updates: 41st GST Council meet, Tata Sons' AGM today

The 41st meeting of the Goods and Services Tax (GST) Council will be held via video conferencing. Stay tuned news LIVE updates

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Coronavirus LIVE: India records 75,995 cases in a day; tally crosses 3.3 mn

Coronavirus latest news: Oxford coronavirus vaccine trial has started in India, two get first shot of Covishield. India's coronavirus total is at 3,307,749. Stay tuned for coronavirus LIVE updates

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Best of BS Opinion: Another flaw in PSBs, educating stakeholders, and more

Opinions focus on Brexit consequences for India, macro-economic stability and farm marketing reforms

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Google launches fast loading tabs, cool features in Chrome browser

Google has introduced several features including tabs that load faster and let you organise and find them easily in Chrome browser as you work or study from home

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Sony launches Bravia X9000H 4K Android TVs with full-array LED screens

The series include 65-inch and 55-inch screen models priced at Rs 1,59,990 and Rs 1,09,990, respectively

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Stocks to watch: SBI, TCS, VA Tech Wabag, oil-linked stks, Can Fin Homes

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

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Asus Zenfone 7 series unveiling today: Livestream, expected specs, and more

Successor to the Asuz 6z, the Zenfone 7 series is expected to bring seasonal upgrades with regard to design, display, imaging, performance and battery

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Charts indicate continuation of up-trend in Nifty: HDFC Securities

Nifty has broken out from the rising wedge pattern on the daily chart

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Facebook introduces new shopping tab on its platform to help promote biz

The social networking giant has launched Facebook Shop on its main app, just like Instagram, that will help businesses showcase their products for billions of users to buy

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Samsung Galaxy M51 tipped to be powered by Qualcomm Snapdragon 730 SoC

The Galaxy M51 is expected to be priced between Rs 25,000 - Rs 30,000 and it will be launched in the second week of September

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Asus Zenfone 7 series unveiling today: Livestream, expected specs, and more

Successor to the Asuz 6z, the Zenfone 7 series is expected to bring seasonal upgrades with regard to design, display, imaging, performance and battery

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Domestic primary aluminium producers pitch hard to counter cheap imports

Currently, cheap aluminium imports constitute 60 per cent of the country's total lightweight metal consumption

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Stock picks by Ajit Mishra of Religare Broking: Buy Britannia Ind, Dabur

After a sharp dip in March 2020, Britannia Industries has recovered almost vertically and made a new record high at Rs 4,010 in July 2020

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No funds available: Depositors at PMC Bank survive on loans, charity

The Reserve Bank of India took control of PMC last September after it was accused of fraud and concealing non-performing loans

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Nirav Modi case: PNB receives Rs 24 cr as first tranche of recovery from US

The central government said that PNB has informed the Ministry of Corporate Affairs that it has received 3.25 mn as the first tranche of recoveries in fugitive Nirav Modi case from the USA

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Sun TV's Kalanithi Maran, wife Kavery highest-paid executives in FY20

The promoters had decided to keep their salaries at the current level three years ago.

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MARKET LIVE: SGX Nifty indicates a flat open for indices; SBI, TCS in focus

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MARKET LIVE: SGX Nifty indicates a flat open for indices; SBI, TCS in focus

Catch all the live market updates here

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This India-focused fund beating 98% of peers targets crisis winners

According to the fund's profile, its top holding as of July 31 was drugmaker Divi's Laboratories Ltd., which has gained more than 70% in 2020

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This India-focused fund beating 98% of peers targets crisis winners

According to the fund's profile, its top holding as of July 31 was drugmaker Divi's Laboratories Ltd., which has gained more than 70% in 2020

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Sun TV's Kalanithi Maran, wife Kavery highest-paid executives in FY20

The promoters had decided to keep their salaries at the current level three years ago.

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Building mechanical memory boards using origami

Origami can be used to create mechanical, binary switches, and researchers report the fabrication of such a paper device, using the Kresling pattern, that can act as a mechanical switch. By putting several together on a single platform, the investigators built a functioning mechanical memory board. They found that oscillating the platform up and down at a certain speed will cause it to flip, or switch, between its two stable states.

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Latest news live updates: SC order on UGC, final year exams likely today

The Supreme Court is likely to pronounce its verdict on the petitions filed against UGC Exam guidelines 2020 today. Stay tuned news LIVE updates

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Coronavirus LIVE: India cases past 3.2-mn mark; death toll nears 60,000

Coronavirus latest news: Russia is willing to collaborate with India for the manufacture of coronavirus vaccine. India's coronavirus total is at 3,231,754. Stay tuned for coronavirus LIVE updates

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Best of BS Opinion: The scourge of tax arrears, growth risks, and more

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

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Microsoft adds English (India), Hindi to speech service Neural TTS

Microsoft India on Tuesday announced the addition of English (India) and Hindi to its Neural Text to Speech (Neural TTS) service language set

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India is key for global access to a coronavirus vaccine - here's why

India has the potential to play a key role in overcoming vaccine nationalism because it is the major supplier of medicines to the global south

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Stocks to watch: Telcos, Axis Bank, LIC Housing Finance, IRB Infra, IBHFL

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

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Stimulus to ease funding burden for India's weakest firms in Covid era

Yield premiums on 10-year rupee bonds ranked BBB have dropped about 80 basis points from an 11-year high in late March

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Hong Kong reports first coronavirus re-infection in technology worker

The 33-year-old's second SARS-CoV-2 infection was detected via airport screening on his return to Hong Kong from Europe this month

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Low volatility giving bulls comfort: Nilesh Jain of Anand Rathi

Nifty's momentum indicators and oscillators on the weekly scales are still in 'buy' mode

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Latest news LIVE updates: Oxford corona vaccine trial by SII to begin today

The phase 2 human clinical trial of the Oxford coronavirus vaccine candidate by Serum Institute of India (SII) is set to begin today. Stay tuned news LIVE updates

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Govt, RBI need to share cost of maintaining UPI infrastructure: Report

The IIT-Bombay report further said UPI as a digital payments platform increases efficiency towards tax compliance, and provides overall convenience for public good

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MARKET LIVE: Indices seen opening flat; Nifty may retest 11,500 levels

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MARKET LIVE: Indices seen opening flat; Nifty may retest 11,500 levels

Catch all the live market updates here

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Coronavirus LIVE: India cases at 3,164,881; Maharashtra tally nears 700,000

Coronavirus latest news: India's coronavirus tally has surged to 3,164,881. The US, the worst-hit country, has 5,914,682 cases, followed by Brazil (3,627,217). Stay tuned for coronavirus live updates

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Societe Generale sells ICICI Bank shares worth nearly Rs 341 crore

As per the block deal data on the BSE, 9 million scrips of the private lender were sold by Societe Generale at a price of Rs 378.6 per scrip

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People can make better choices when it benefits others

People are better at learning and decision-making when trying to avoid harm to others, according to new research.

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Govt, RBI need to share cost of maintaining UPI infrastructure: Report

The IIT-Bombay report further said UPI as a digital payments platform increases efficiency towards tax compliance, and provides overall convenience for public good

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Advanced biofuels show real promise for replacing some fossil fuels

A new study predicted significant climate benefits stemming from the use of advanced biofuel technologies.

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Best of BS Opinion: Education for the future, restoration of trust & more

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

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Covid-19 impact: States stare at Rs 6-trillion fiscal hole, says SBI report

Might have to cut capex by 40%, says report

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Sunil Mittal hints at mobile services price hike, low rates not sustainable

Bharti Airtel chairman Sunil Bharti Mittal on Monday hinted at an increase in mobile services prices in the next six months, saying that data at low rates is not sustainable for the telecom industry.

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Optical illusions explained in a fly's eyes

Why people perceive motion in some static images has mystified not only those who view these optical illusions but neuroscientists who have tried to explain the phenomenon. Now neuroscientists have found some answers in the eyes of flies.

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In one cancer therapy, two halves are safer than a whole

Splitting one type of cancer drug in half and delivering the pieces separately to cancer cells could reduce life-threatening side effects and protect healthy, non-cancerous cells, a new study suggests.

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Ventilators could be adapted to help two COVID-19 patients at once

New research has shown how ventilators could be adapted to help two patients simultaneously in the event of a shortage.

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Optical illusions explained in a fly's eyes

Why people perceive motion in some static images has mystified not only those who view these optical illusions but neuroscientists who have tried to explain the phenomenon. Now neuroscientists have found some answers in the eyes of flies.

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Machines rival expert analysis of stored red blood cell quality

Once outside the body, stored blood begins degrading until, by day 42, they're no longer usable. Until now, assessing its quality has required laborious microscopic examination by human experts. A new study reveals two methodologies that combine machine learning and state-of-the-art imaging to automate the process and eliminate human bias. If standardized, it could ensure more consistent, accurate assessments, with increased efficiency and better patient outcomes.

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Machines rival expert analysis of stored red blood cell quality

Once outside the body, stored blood begins degrading until, by day 42, they're no longer usable. Until now, assessing its quality has required laborious microscopic examination by human experts. A new study reveals two methodologies that combine machine learning and state-of-the-art imaging to automate the process and eliminate human bias. If standardized, it could ensure more consistent, accurate assessments, with increased efficiency and better patient outcomes.

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Minda Industries slips 4% post weak Q1 result; Rights issue opens on Aug 25

The company's rights issue will open tomorrow, August 25, and the last day for submission of application will be on September 8, 2020

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Indiabulls Housing Finance up 3% after Q1 nos; other group stocks gain too

For the quarter under review, Indiabulls Housing Finance reported a 65.9 per cent fall in its consolidated net profit at Rs 272.84 crore

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LIVE: Congress moves no-confidence motion against Vijayan-led Kerala govt

Congress MLA VD Satheesan movesed no-confidence motion against Kerala govt, alleging that the gold smuggling mafia used Kerala CM's Office to run their operations. Stay tuned for LIVE updates

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Apple Inc may discontinue iPhone 11 Pro, XR after iPhone 12 launch

Apple is likely to announce the iPhone 12 series in October and a new report has claimed that as soon as the new iPhones get released, the company would discontinue older models

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Elon Musk may reveal human trials for brain computer tech this week

Elon Musk is all set to reveal a key update on his brain-machine interface company Neuralink this week and may announce human trials for the technology that has been successful on mice and even apes

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Bank stks in focus; Nifty Bank adds over 1%; Union Bank jumps 6%, SBI up 1%

Global agency Moody's pegs the banks' recap needs at Rs 1.9 lakh crore to Rs 2.1 lakh crore ($25 billion-$28 billion) in external capital over the next two years under its base scenario

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RBI sends signal to traders that bond yields may head higher in debt sale

The Reserve Bank of India sold a 30-year bond on Friday at a cutoff yield of 6.7596 per cent, versus the 6.65 per cent estimated in a Bloomberg survey

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Eicher Motors' 10-for-1 stock split takes effect; shares surge 10%

The company had announced, on May 25, its stock split plan to make the stock more affordable for the small retail investors and increase liquidity

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Oculus users slam Facebook for new account login policy for VR headsets

The users of Facebook Oculus have expressed outrage over the new policy where they need a Facebook account to log into their VR headsets

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Apple's move against 'Epic Games' would hurt other game creators: Microsoft

Apple removed Epic's titles from its App Store after the game maker violated the iPhone maker's in-app payment rules

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Sushant Singh Rajput case: CBI's record doesn't inspire confidence in probe

The CBI has had a poor record of closure in high profile investigations in the past

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Stocks to watch: RIL, SBI, Indiabulls Housing Fin, ICICI Lombard, IRB Infra

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

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Apple's move against 'Epic Games' would hurt other game creators: Microsoft

Apple removed Epic's titles from its App Store after the game maker violated the iPhone maker's in-app payment rules

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Great human who had no parallels: Shah on Arun Jaitley's death anniversary

Amit Shah paid tribute to former Cabinet Minister and BJP stalwart Arun Jaitley on his death anniversary

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Stock calls by Angel Broking: Buy Vinati Organics, Sell Tata Steel

On Friday, NRB Bearing's stock finally witnessed a breakout from the congestion zone

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

The stock of Federal Bank has picked up momentum to improve the bias and with the RSI indicator indicating a trend reversal

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MARKET LIVE: SGX Nifty trends suggest a positive start for Indian indices

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MARKET LIVE: SGX Nifty trends suggest a positive start for Indian indices

Catch all the live market updates here

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Despite empty theatres due to Covid-19, multiplex stocks bounce back

Theater operators PVR Ltd. and Inox Leisure Ltd. have rebounded about 50% since May, after at least three consecutive months of losses

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Bonds to be hit hardest by inflation shock in India, Russia, Mexico

The fixed-income securities of the three countries appear the most vulnerable to any surge in consumer prices, according to a Bloomberg study of 10 emerging markets

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Coronavirus LIVE: India cases cross 3.1 million; global tally at 23,577,626

Coronavirus latest news: India's coronavirus tally has surged to 3,105,185. India's doubling time for total cases stands at 30 days and for deaths at 42.8 days. Stay tuned for coronavirus LIVE updates

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Best of BS Opinion: Farming on the cusp of change, corporate results & more

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

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'Disclosure of prices reason for scrapping Vande Bharat trains tender'

The Indian Railways cancelled its global tender for manufacturing 44 sets of semi-high speed Vande Bharat trains

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UP farmers could see hopes of good paddy crop dashed due to urea shortage

Increase in area under this season due to healthy rains and smuggling of fertlisers to Nepal said to be key reasons for crisis

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India has tested over 35 million samples till date for Covid-19, says govt

The steep rise in testing is a result of effective implementation of the aggressive testing strategy of the Centre through a focussed and graded approach, the ministry said

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FPIs remain positive on Indian markets; invest Rs 41,330 cr in Aug so far

FPIs remain positive on Indian markets; invest Rs 41,330 cr in Aug so far

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Major battle in US-China financial cold war may be fought over currency peg

The people of Hong Kong may be asked to try out a new kind of money. Whether they bite could decide the outcome of a great superpower rivalry.

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Gold rush 2020: ETFs now hold more yellow metal than any central bank

Total fees for the top 10 gold ETFs, based on current prices and holdings, are about $610 million a year, according to a Bloomberg News calculation

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Nesco plans over Rs 2,000 cr investment on business expansion in 5-7 years

Diversified firm Nesco has said it is planning to invest over Rs 2,000 crore in the next five to seven years to foray into the hospitality segment as well as expand its existing IT space offerings and add new exhibition centres. The company, which is into real estate, exhibition centre, food and beverages (F&B) and engineering businesses, is also planning to set up a convention hall at its Nesco Centre in Goregaon in suburban Mumbai. "We are strategically expanding our business into newer segments to take advantage of the changing environment. While we will continue to add more exhibition halls, we are also planning to enter the hospitality segment by launching hotels for the convenience of the exhibitors and visitors," company's chairman Sumant Patel told PTI. The company, he said, will be investing Rs 2,000 crore over the next five-seven years for entering new verticals and expanding other businesses, which will be completely funded by its internal accruals. "Our current cash ...

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Focused on sustaining operational performance in near-term: Jubilant Life

Drug firm Jubilant Life Sciences is focused on sustaining its operational and financial performance in the near-term in the current scenario

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DATA STORY: With over 10,000 active cases in a day, India tally past 3 mn

With 57,989 new recoveries, India's recovery rate has increased to 74.90%, while death rate has come down to 1.86%

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Diageo incurred 2-mn-pound loss on sale of India wine business in FY20

Talking about consumption preferences, Diageo said consumers who drink alcohol are increasingly choosing spirits over beer and wine

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Petronet gives outgoing CEO 27% hike in FY20; launches search for new chief

Singh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2019 to March 2020)

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Govt releases SOPs for resuming film, TV serial shoots amid Covid-19

Shooting of films and TV serials can be started using these SOPs issued in the wake of the Covid-19 pandemic

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412 infra projects worth Rs 150 cr each show cost overruns of Rs 4.11 trn

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above

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412 infra projects worth Rs 150 cr each show cost overruns of Rs 4.11 trn

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above

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All you need to know about One World, One Sun, One Grid plan

The idea was first floated by PM Modi in 2018 during the first assembly of the International Solar Alliance (ISA)

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Green shoots are mechanical rebound, don't read much into it: Ex-RBI Guv

Short-term as well as medium-term prospects (for Indian economy) continue to be grim, says D Subbarao

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Petrol prices hiked across metros for 4th straight day: Check prices here

In Kolkata, petrol was sold for Rs 83.01, higher by 14 paise from its previous level of Rs 82.87 per litre

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Green shoots are mechanical rebound, don't read much into it: Ex-RBI Guv

Short-term as well as medium-term prospects (for Indian economy) continue to be grim, says D Subbarao

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Petrol prices hiked across metros for 4th straight day: Check prices here

In Kolkata, petrol was sold for Rs 83.01, higher by 14 paise from its previous level of Rs 82.87 per litre

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Trump campaign ad targets Indian-Americans, releases video featuring Modi

The commercial comes following research by Mason in battleground states according to which the Indian-Americans, who traditionally vote for the Democrats, are switching over to the Republican party

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23 Congress leaders write to Sonia Gandhi, seek major changes in the party

The signatories cutting across various age groups and regions, include senior Congress leaders, former union ministers and ex-CMs

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Europe's Covid surge looks less deadly as rise in testing keep deaths low

Many of the infections stem from younger people traveling and partying during the summer holidays, and some of those cases have been asymptomatic

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Coronavirus LIVE: With over 70K new cases, India's tally crosses 3 million

Coronavirus latest news: The Centre has asked all states to ensure that there should be no restrictions on the inter-state and intra-state movement of persons and goods during the ongoing unlocking

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Trump accuses 'deep state' at FDA of slowing vaccine, to hurt his election

The "deep state" is a term used by Trump to describe employees of government agencies that he believes are manipulating policy to work against his interests

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Indian automakers' demand outlook cloudy despite respite in July: Fitch

The pandemic has also reduced the availability of financing as lenders exercise caution, particularly to weaker borrowers that form a significant customer base for CVs

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Job losses among salaried employees likely to get worse: CMIE's Mahesh Vyas

The number of salaried people who have lost their jobs amid the Covid-19 pandemic has now surged to 18.9 million

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Govt to hire Deloitte, SBI Capital Markets to help LIC prepare for IPO

Prime Minister Narendra Modi's government is keen to go ahead with the initial public offering -- potentially India's biggest -- to help plug a widening budget gap.

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Govt to hire Deloitte, SBI Capital Markets to help LIC prepare for IPO

Prime Minister Narendra Modi's government is keen to go ahead with the initial public offering -- potentially India's biggest -- to help plug a widening budget gap.

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To increase trans-Atlantic market access US, EU announce tariff agreement

As part of the agreement, the US will reduce by 50 percent its tariff rates on certain products exported by the EU

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Petrol prices hiked six times in a week, costs Rs 81.35 a litre in Delhi

Petrol prices were raised by 16 paise in Delhi to Rs 81.35 a litre; in Mumbai, it stands at Rs 88.02 a litre

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Police arrest ISIS operative after encounter in Delhi, IED recovered

Police identified him as Abdul Yusuf Khan, a resident of Uttar Pradesh

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In talks with banks, stakeholders for settlements of dues: Aban Offshore

Capacity utilisation of company's rigs at its disposal increased to 55% in 2019-20 from 38% in 2018-19

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Coronavirus pandemic could be over within 2 years, says hopeful WHO Chief

"We hope to finish this pandemic (in) less than two years, especially if we can pool our efforts," he said during a press briefing on Friday

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Future Enterprises board meet on group firms' merger postponed by a week

The plan to merge the three Future group companies - Future Lifestyle, Future Supply Chain and Future Retail - is being worked out among banks, RIL and Future group, say sources

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Future Enterprises board meet on group firms' merger postponed by a week

The plan to merge the three Future group companies - Future Lifestyle, Future Supply Chain and Future Retail - is being worked out among banks, RIL and Future group, say sources

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Latest news LIVE: Delhi Police arrests alleged ISIS operative with IEDs

One ISIS operative arrested with Improvised Explosive Devices (IEDs) by Delhi Police Special Cell earlier today, after an exchange of fire at Dhaula Kuan. Stay tuned for LIVE updates

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India needs to look at ESG factors to attract major FDI investment: Aghi

The investment pool around the world is estimated to be about USD 45 trillion, of this USD 12 trillion comes under ESG

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Future Enterprises board meet on group firms' merger postponed by a week

The plan to merge the three Future group companies - Future Lifestyle, Future Supply Chain and Future Retail - is being worked out among banks, RIL and Future group, say sources

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Bharti AXA, ICICI Lombard ink definitive pact to merge non-life businesses

The combined entity, with an expected market share of 8.7 per cent in the non-life business, would be the third-largest non-life insurer in the general insurance business

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Bharti AXA, ICICI Lombard ink definitive pact to merge non-life businesses

The combined entity, with an expected market share of 8.7 per cent in the non-life business, would be the third-largest non-life insurer in the general insurance business

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Coronavirus: Joe Biden says he will shut down America if experts said to

The US has had more than 5.5 million confirmed coronavirus cases, with more than 175,000 deaths

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A Biden win over Trump may mean victory for Asian markets too, say analysts

Joe Biden currently leads in national polls and surveys of key states

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Coronavirus LIVE: India cases at 2,973,368; lockdown in Punjab, Haryana

Coronavirus latest news: India's coronavirus tally has surged to 2,973,368. Weekend lockdown has been imposed in Punjab and Haryana. Stay tuned for coronavirus LIVE updates

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Gold price today at Rs 55,950 per 10 gm, silver at Rs 67,800 per kg

In New Delhi, the price of 22-carat gold rose to Rs 51,300 per 10 gram, and in Chennai to Rs 50,840

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Best of BS Opinion: Fort Narendra Modi, old times in Sri Lanka, and more

Business Standard opinion pieces for the day talk about, among other things, how the government is performing

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Govt appoints Ashwani Bhatia as SBI MD, to continue till retirement

Bhatia will be the fourth managing director at the country's largest lender

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IT refunds worth Rs 88,652 cr issued to over 2.5 million taxpayers

This include personal income tax (PIT) refunds amounting to Rs 28,180 crore issued to over 23.05 lakh taxpayers and corporate tax refunds amounting to Rs 60,472 crore to over 1.58 lakh taxpayers

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Coronavirus vaccine update: Russia may partner India for producing vaccines

Coronavirus vaccine's emergency authorisation could be considered if the Indian govt so decides, says ICMR. Catch latest coronavirus vaccine updates here

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IT refunds worth Rs 88,652 cr issued to over 2.5 million taxpayers

The Income Tax department on Friday said it has issued refunds worth Rs 88,652 crore to over 24 lakh taxpayers so far this fiscal. This include personal income tax (PIT) refunds amounting to Rs 28,180 crore issued to over 23.05 lakh taxpayers and corporate tax refunds amounting to Rs 60,472 crore to over 1.58 lakh taxpayers during this period. "CBDT has, so far, issued refunds of over Rs 88,652 crore to more than 24.64 lakh taxpayers from 1st April, 2020 onwards. Income tax refunds of Rs 28,180 crore have been issued in 23,05,726 cases & corporate tax refunds of Rs 60,472 crore have been issued in 1,58,280 cases," the Income Tax department tweeted. The Central Board of Direct Taxes (CBDT) is the apex decision-making body in direct tax matters, administers personal income tax and corporate tax. The government has emphasised on providing tax related services to taxpayers without any hassles during COVID-19 pandemic and to that end has been clearing up pending tax refunds.

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Indian PSBs face fresh capital shortages as coronavirus bites: Moody's

Uncertainty surrounding India's economic recovery and the ongoing clean-up of balance sheets are making it difficult for banks to raise equity capital from markets, it says

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Stocks to watch: GMM Pfaudler, SBI Life, Divi's Lab, ZEEL, Bharti Infratel

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

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Steve Bannon: Rise & fall of ex-Trump aide now charged in border wall scam

His indictment came on the same morning the Trump administration lost a bid to block a subpoena by the Manhattan district attorney for the president's tax filings

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Latest news LIVE: Fire at Telangana's Srisailam power station; 10 trapped

The dam is situated on river Krishna, which divides Andhra Pradesh and Telangana. Stay tuned for LIVE updates

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Xi Jinping launches 'Clean Plates Campaign', triggers fears of food crisis

The sudden and massive push to curb the problem of discarded leftovers -- known as the "Clean Plates Campaign" -- has puzzled experts

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Trading strategies for Copper and Lead by Bhavik Patel of Tradebulls Sec

Copper prices are far from 20 DMA and, historically, we have seen mean reversion happens when prices run too far from 20 DMA

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Trading strategies by Nilesh Jain of Anand Rathi: Buy Deepak Nitrite, BHEL

BHEL's stock has provided a breakout from a falling wedge pattern on the daily chart

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Here's a Bull Spread strategy for Havells India by HDFC Securities

The primary trend of the stock is positive where the stock price is trading above its 200 day Moving average

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SBI Life, Divi's Laboratories to move in Nifty 50 index from Sept 25

Bharti Infratel and Zee Entertainment Enterprises will be dropped from the Nifty 50, NSE Indices said in a statement

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Signs of slowdown in AIF with 45% YoY drop in new launches since March

August has had four new funds with about 10 days to go. The three-month moving average would drop to 5.33 funds, the lowest in 58 months, if no new ones are granted registration

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Credit crisis in India will spur more opportunities for KKR: Brian Dillard

Despite the opportunities, KKR has suffered setbacks in India, where a long-running shadow banking crisis followed by the devastation of the pandemic has crippled the economy

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MARKET LIVE: Indices likely to open higher; NSE rejig major trigger

Catch all the live market updates here

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At least 9 trapped in Telangana power station fire mishap, rescue underway

The incident is reported to have taken place late on Thursday. Initial reports indicate that a short circuit led to the fire and thick smoke engulfing the spot

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YES Bank: What keeps CEO of India's most troubled lender awake at night?

Kumar set aside an hour a day during the first two months to call depositors to reassure them personally about the bank's stability

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ESIC to give higher unemployment benefits to unemployed members till Dec

The benefits will be available to members of ESIC who lost their jobs during the Covid-19 pandemic

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Blood clots and lung injuries found in patients who have died of COVID-19

A new post-mortem study of patients who have died from COVID-19 found severe damage to the lungs and signs of blood clotting in major organs.

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YES Bank: What keeps CEO of India's most troubled lender awake at night?

Kumar set aside an hour a day during the first two months to call depositors to reassure them personally about the bank's stability

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Best of BS opinion: Covid-19 pandemic, jobs, sustainable growth, and more

Business Standard opinion pieces for the day, among other things, talk about the state of the Indian job market

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Coronavirus LIVE update: India tally crosses 2.9 mn; death toll nears 55000

Coronavirus latest news: India's coronavirus tally has surged past the 2.9-million mark. However, recovery among Covid-19 patients in India stands at 73.91%. Stay tuned for coronavirus LIVE updates

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Railways defends 'zero fatality' claim after NITI Aayog questions data

Kant had said in a letter to the Railway Board Chairman that over 2,000 people lost their lives in the Mumbai suburban network every year and that too must be considered while reporting fatalities

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Did rapid ramp up during pandemic derail fire safety in hospitals?

A fast ramp-up during the Covid-19 pandemic may have also led to the overlooking of some parameters for makeshift hospitals, feels the industry.

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Muthoot Finance shares slip 5% after June quarter result; brokerages mixed

For the quarter ended June 2020, Muthoot Finance posted a 53.46 per cent YoY rise in its consolidated net profit at Rs 853.51 crore.

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Kamala Harris pays tribute to mother as she accepts historic VP nomination

Harris' mother Shyamala Gopalan, from Tamil Nadu, India, died more than a decade ago but she remains a powerful force in the Senator's life

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Logitech G502 Lightspeed: Finally, a perfect wireless mouse for PC gamers

The Logitech G502 Lightspeed, a one-of-its-kind wireless mouse for gamers, beats the usual latency issues

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Govt hikes aviation security fees for passengers to Rs 160 effective Sept 1

Hike necessary to compensate in security fees as passenger nunber dwindles

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Swiggy's food delivery executives in Chennai protest alleging drop in pay

Swiggy's food delivery executives on Wednesday protested alleging drop in pay in new payment structure put in place by the company in Chennai

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Logitech G502 Lightspeed: Finally, a perfect wireless mouse for PC gamers

The Logitech G502 Lightspeed, a one-of-its-kind wireless mouse for gamers, beats the usual latency issues

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Stocks to watch: SBI, L&T Finance, Ruchi Soya, Cosmo Films, CG Power

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

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10-year bond yields climb back to 6% as Reserve Bank of India goes silent

The central bank may be trying to increase the attraction of sovereign debt by letting yields rise, according to PNB Gilts Ltd

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This top-performing Indian hedge fund says stocks have risen too fast

True Beacon, which invests only in large-cap stocks and is up about 21% this year, is adding shares of software exporters and pharmaceutical companies

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Personal healthcare and medical insurance ad volumes up amidst pandemic

Brands feel it is a good time to advertise anything and everything connected to well-being

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Difficult to cooperate with leasing out of T'puram airport: Vijayan to PM

The Union cabinet on Wednesday approved the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership (PPP)

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MARKET LIVE: SGX Nifty down 100 points; US Fed highlights tough recovery

Catch all the live market updates here

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MARKET LIVE: SGX Nifty down 100 points; US Fed highlights tough recovery

Catch all the live market updates here

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Coronavirus LIVE: India records 69,000 cases in a day, tally crosses 2.8 mn

Coronavirus latest news: India has recorded a spike of over 69,000 cases in a single day. Maharashtra too recorded its highest one-day count of 13,165 cases. Stay tuned for coronavirus LIVE updates

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Latest news LIVE updates: Kamala Harris' acceptance speech to begin shortly

US vice-presidential candidate Kamala Harris is expected to aggressively press the case against Donald Trump. Stay tuned for the latest news of the day

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Indian bank stocks among most-tracked globally, Alibaba tops list

Private sector lenders Axis Bank, HDFC Bank, IndusInd Bank, and ICICI Bank are among the top six most-tracked, with at least 56 analysts giving their views on their stocks

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From telecom to retail, RIL splurges $3.1 bn in 3 years on acquisitions

Netmeds latest in long list of firms in which it has picked up stakes

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Best of BS opinion: Transparency in PM CARES, coronavirus, and more

Business Standard opinion pieces for the day, among other things, talk about PM CARES

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Trump's posts to be taken down if they violate policy: Facebook

Ahead of the November 3 presidential polls in the US, Facebook has taken a series of steps to check the spread of misinformation through its platform

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Single-agenda GST Council meeting on Aug 27 to discuss compensation

Likely to be a stormy affair with divergent views on market borrowing; Next meeting on September 19

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Sustained planetwide storms may have filled lakes, rivers on ancient Mars

A new study is helping scientists piece together the ancient climate of Mars by revealing how much rainfall and snowmelt filled its lake beds and river valleys 3.5 billion to 4 billion years ago.

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High blood pressure during pregnancy may mean worse hot flashes during menopause

Women with a history of high blood pressure disorders during pregnancy are more likely to experience bothersome menopausal symptoms such as hot flashes and night sweats, according to a new study.

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Liquid sulfur changes shape and goes critic under pressure

Scientists have found the proof for a liquid-to-liquid transition in sulfur and of a new kind of critical point ending this transition.

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RIL shares gain nearly 1.5% post acquisition of majority stake in Netmeds

RIL's acquisition comes at a time when arch-rival Amazon has just started selling pharmaceutical products in Bangalore markets.

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Times group weighs selling minority stake in digital arm Times Internet

Bennett Coleman aims to start discussions with prospective suitors as soon as this month

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Latest news LIVE: Centre may decide on privatisation of 6 airports today

Civil Aviation Minister Hardeep Singh Puri will place a proposal for "further" privatisation of airports before the Union Cabinet today. Stay tuned for the latest news of the day

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18.9 mn salaried people lost jobs since April, 5 mn in July, says CMIE

The loss of around 5 million jobs in July comes after around 3.9 million jobs were gained in June, as per the data

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These Samsung Galaxy devices will get 3-generation of Android OS upgrades

The announcement came soon after the launch of Galaxy Note20-series, which will get support for three OS upgrades starting with Android 11

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RIL picks majority stake in Netmeds: How it became 'India ki pharmacy'

Promoted by Dadha Pharma, Netmeds is one of the earliest players in online pharmacy having incorporated in 2015

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Times group weighs selling minority stake in digital arm Times Internet

Bennett Coleman aims to start discussions with prospective suitors as soon as this month

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18.9 mn salaried people lost jobs since April, 5 mn in July, says CMIE

The loss of around 5 million jobs in July comes after around 3.9 million jobs were gained in June, as per the data

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Stocks to watch: RIL, Indiabulls Real Estate, ZEEL, HAL, Muthoot Finance

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

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Softbank dispatches senior executives to help Covid-19 hit Oyo: Report

Oyo has struggled in Japan even with the full endorsement of SoftBank

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Weekly trading ideas by Religare Broking: Buy Grasim Industries, Biocon

Grasim is witnessing a breakout from the range where it has spent the last two months

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Next target for Nifty is seen at 11,550: Vinay Rajani of HDFC Securities

Traders are advised to hold Nifty longs with 11,200 stoploss and keep it trailing as Nifty rises

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Softbank dispatches senior executives to help Covid-19 hit Oyo: Report

Oyo has struggled in Japan even with the full endorsement of SoftBank

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MARKET LIVE: SGX Nifty indicates a positive start; watch out for RIL

Catch all the live market updates here

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MARKET LIVE: SGX Nifty indicates a positive start; watch out for RIL

Catch all the live market updates here

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Global funds leave Indian bonds in spate as Covid-19 crisis worsens

Overseas funds have sold $14.6 billion of Indian corporate and government bonds this year, the most among emerging-Asian nations

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Coronavirus LIVE: India records over 65,000 new cases; tally at 2,766,626

Coronavirus latest news: The total number of India cases now stands at 2,766,626, and 22,295,155 people have been infected by the virus globally. Stay tuned for coronavirus LIVE updates

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Best of BS Opinion: Handling the dollar rush, digital rent, and more

Business Standard opinion pieces for the day, among other things, talk about the need for increasing investment in the health sector

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Since re-opening, GMV at Flipkart exceeded pre-Covid-19 levels: Walmart CEO

McMillon said that he is pleased with how the teams at Flipkart managed the Covid-19 environment in a really effective way

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Smart AI makes all kinds of shapes on its own

POSTECH research team develops an artificial neural network system that recommends plastic molding process conditions.

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Multivitamin, mineral supplement linked to less-severe, shorter-lasting illness symptoms

Older adults who took a daily multivitamin and mineral supplement with zinc and high amounts of vitamin C in a 12-week study experienced sickness for shorter periods and with less severe symptoms than counterparts in a control group receiving a placebo.

from Top Health News -- ScienceDaily https://ift.tt/3iS0epJ

Exploding stars may have caused mass extinction on Earth, study shows

Killer cosmic rays from nearby supernovae could be the culprit behind at least one mass extinction event, researchers said, and finding certain radioactive isotopes in Earth's rock record could confirm this scenario.

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Researchers track slowly splitting 'dent' in Earth's magnetic field

Earth's magnetic field acts like a protective shield around the planet, repelling and trapping charged particles from the Sun. But over South America and the southern Atlantic Ocean, an unusually weak spot in the field -- called the South Atlantic Anomaly, or SAA -- allows these particles to dip closer to the surface than normal.

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Petronet LNG gains 5% after June quarter earnings, pares gain later

Total revenue during the quarter came in at Rs 4,951.95 crore, down 43 per cent YoY.

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After Amazon, Flipkart eyes e-pharmacy business, begin talks: Report

Flipkart CEO Kalyan Krishnamurthy has held multiple rounds of talks with PharmEasy's founding team, the Times of India report said

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Stocks to watch: Bandhan Bank, HDFC Bk, Petronet LNG, HAL, ZEEL, TVS Motor

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

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After Amazon, Flipkart eyes e-pharmacy business, begin talks: Report

Flipkart CEO Kalyan Krishnamurthy has held multiple rounds of talks with PharmEasy's founding team, the Times of India report said

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Boeing plans second volunteer layoff package to employees amid Covid crisis

"Unfortunately, layoffs are a hard but necessary step to align to our new reality, preserve liquidity and position ourselves for the eventual return to growth," the CEO says

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Trump elevated ties with India in ways not seen before: White House

"President Trump has prioritised US-India relationship and worked to expand all facets of the partnership over the last three-and-a-half years," a senior administration official said

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Trading strategies by Nilesh Jain of Anand Rathi: Buy Wipro, Polycab India

The stock of Wipro has provided breakout from a flag and poll pattern on the daily chart which is considered as a bullish continuation pattern

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MARKET LIVE: Flat start on the cards; HDFC Bank, Bandhan Bank in focus

Catch all the live market updates here

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MARKET LIVE: Flat start on the cards; HDFC Bank, Bandhan Bank in focus

Catch all the live market updates here

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What a 38-year-old turmeric scandal says about India's business environment

The Supreme Court ended the 38-year saga of an alleged turmeric forger, who was arrested in 1982 and, eventually, sentenced to a month in jail and a 500 rupee ($6.70) fine

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Oil rises on China's plan to boost US crude imports, OPEC+ compliance

Firmer stock markets and a weaker dollar were also lending support, said Commerzbank analyst Eugen Weinberg

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Mercedes-Benz India expects further sales recovery in festive season

We are cautiously optimistic as we witness early signs of a revival of customer sentiment, says CEO Martin Schwenk

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BJP attacks Tharoor for summoning Facebook in Parliamentary committee

A BJP MP and member of Parliamentary Standing Committee for Information and Technology (I & T) urged all NDA MPs in the Committee to write a letter to Lok Sabha speaker Om Birla against its chairman Shashi Tharoor in connection with summoning Facebook without taking members in confidence, sources said.The controversy erupted over the issue after Congress leader Rahul Gandhi alleged that the BJP and the RSS control Facebook and WhatsApp in the country.Later, Tharoor said that the Parliamentary Standing Committee on Information Technology would certainly wish to hear from Facebook about the media reports."The Parliamentary Standing Committee on Information Technology would certainly wish to hear from Facebook about these reports & what they propose to do about hate-speech in India," Tharoor tweeted.Earlier on Monday, BJP MP Nishikant Dubey said that the Chairman of Standing Committee does not have the authority to do anything without discussion of the agenda with its ...

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Top headlines: Made in India iPhone, more defence import embargoes, & more

Here are the top headlines on Tuesday morning

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Coronavirus LIVE: India tally crosses 2.7-million mark; Biocon CEO infected

Coronavirus latest news: India cases have crossed the 2.7-million mark. Maharashtra coronavirus tally at 6,04,358. Stay tuned for coronavirus LIVE updates

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Best of BS Opinion: Facebook's accountability, loss of salaried jobs & more

Business Standard opinion pieces for the day, among other things, talk about how Covid-19 has affected the job market

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Postmenopausal women at risk for nonalcoholic fatty liver disease, review suggests

A new review suggests that following menopause, women are at higher risk for developing nonalcoholic fatty liver disease (NAFLD), a chronic condition caused by the build-up of excess fat in the liver not caused by alcohol.

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Targeted therapy combination effective for patients with advanced cholangiocarcinoma and BRAF mutations

In a Phase II trial a combination targeted therapy achieved a 51% overall response rate in patients with cholangiocarcinoma and BRAF V600E mutations. This is the first prospective study for this group of patients.

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Antibiotics associated with increased risk of inflammatory bowel disease

Antibiotics use, particularly antibiotics with greater spectrum of microbial coverage, may be associated with an increased risk of new-onset inflammatory bowel disease (IBD) and its subtypes ulcerative colitis and Crohn's disease, according to a new study.

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Food delivery start-ups scale up faster in small towns: JM Financial report

Tapping small-tier cities, leveraging cloud kitchens to drive long-term growth for sector, says study

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New findings could help scientists tame damaging heat bursts in fusion reactors

Physicists have discovered a new trigger for edge localized modes (ELMs) -- instabilities that can halt fusion reactions and damage the tokamaks that house such reactions.

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Measuring social networks of young adults with autism

While social isolation is a core challenge associated with autism, researchers have laid the groundwork to show how interpersonal relationships, and the resources they provide, could impact autistic youth's adult outcomes.

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Autism-cholesterol link

A new study identifies a subtype of autism arising from a cluster of genes that regulate cholesterol metabolism and brain development.

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IBM rolls out Power10 chip for data centres; taps Samsung for manufacturing

IBM has long focused on high-performance computing systems, with three of the world's top-ten fastest supercomputers using its chips

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L&T, NCC gain up to 2.5%, Ashoka Buildcon surges 11% on govt's infra push

MEP Infrastructure was up around 4.5 per cent to Rs 18.70 on the BSE.

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Glenmark Pharma leaps 7% after posting two-fold jump in Q1 profit

The company's other income for the quarter rose to Rs 58.5 crore from Rs 1.7 crore

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Xiaomi Redmi 9 Prime goes on sale at 12 pm: Price, variants, specs and more

Launched earlier in August, the smartphone comes in space blue, mint green, matte black and sunrise flare colours

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Malaysia detects new Covid-19 strain that's 10 times more infectious

The mutation called D614G was found in at least three of the 45 cases in a cluster that started from a restaurant owner returning from India and breaching his 14-day home quarantine

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Border tensions may spoil India's plan to boost manufacture of weapons

Modi's efforts to transform the world's biggest arms importer into a defense manufacturing powerhouse have remained a non-starter since the idea was first proposed in 2014

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Stocks to watch: Tata Steel, Tata Motors, ICICI Bank, RIL, Berger Paints

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

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Stock calls by Sameet Chavan of Angel Broking: Sell Tata Motors, Biocon

One can see a formation of 'Bearish Engulfing' pattern on Tata Motors' daily chart

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Microsoft patent reveals touch control for old generation laptops

The patent was applied on January 24 and published on August 6, reports Windows United

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China's loss of supply chains may become India's gain in post-Covid era

The government expects the program for electronics alone could lead to $153 billion worth of manufactured goods over the next five years and create about one million jobs directly and indirectly

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China's loss of supply chains may become India's gain in post-Covid era

The government expects the program for electronics alone could lead to $153 billion worth of manufactured goods over the next five years and create about one million jobs directly and indirectly

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Covid-19: India's flimsy antigen testing regime 'like flipping a coin'

Between 25-30 per cent of the country's daily tests now are rapid antigen tests, Balram Bhargava, the director-general of the Indian Council of Medical Research, told reporters

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Stock picks by Vaishali Parekh of Prabhudas Lilladher: Buy Muthoot Fin, ABB

The stock of ABB has maintained a good base near 890 levels and has picked up momentum to improve the bias

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MARKET LIVE: Indices likely to open on a strong note; Telcos in focus

Catch all the live market updates here

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MARKET LIVE: Indices likely to open on a strong note; Telcos in focus

Catch all the live market updates here

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Robust foreign inflows, fundraising by banks help rupee fight August curse

ICICI Bank Ltd., Axis Bank Ltd. and mortgage lender HDFC Ltd. have raised a combined Rs 350 billion ($4.7 billion) this month

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Reliance in talks to acquire Urban Ladder, Milkbasket, says report

According to a report, the discussion with Urban Ladder has been going on for the last few months and is now at an advanced stage

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Latest news LIVE: Rajasthan HC to deliver verdict on BSP MLAs' merger today

Rajasthan High Court will today deliver its verdict on pleas related to the merger of six BSP MLAs with the Congress in the state. Stay tuned for the latest news of the day

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Reliance in talks to acquire Urban Ladder, Milkbasket, says report

According to a report, the discussion with Urban Ladder has been going on for the last few months and is now at an advanced stage

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Infosys independent director Bobby Parikh fined for stock market trade

Parikh was appointed as an Independent Director of Infosys effective July 15, 2020, based on the recommendations of the Nomination and Remuneration Committee of the Board

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Coronavirus LIVE: India cases at 2,647,316; Maharashtra tally nears 600,000

Coronavirus latest news: India has left the US and Brazil behind, as far as its seven-day average of daily new coronavirus cases are concerned. Stay tuned for coronavirus LIVE updates

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Best of BS Opinion: RBI's loan recast scheme, WFH revolution, and more

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

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Parliamentary panel plans to summon Facebook in hate-speech case

A report by The Wall Street Journal on Saturday mentioned that Facebook overlooked its hate speech policies

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Covid-19 drug sales shine even as domestic pharma market slows down

Major therapy areas show decline or low single-digit growth

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Rajnath approves proposal to expand NCC in 173 border, coastal districts

The defence ministry's statement said Singh has approved the NCC proposal "for a major expansion scheme"

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Peak power demand declines further to 5.65% in first fortnight of August

Peak power demand met, which is the highest energy supply during a day across the country, was at 167.49 GW in the first fortnight of August

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Gold ETF inflows soar 86% to Rs 921 cr in July, rush of new investors

According to the data, a net sum of Rs 921 crore was pumped into gold-linked ETFs last month, higher than the net Rs 494 crore in June

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Livelihood mission of 2014 has a few pointers for urban job scheme

Between 2014-15 and October 31, 2019, over 460,000 SHGs have been formed under the scheme; 461,994 beneficiaries have been assisted in setting up micro-enterprises for self-employment

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Accelerating domestic output of telecom gear in strategic interest: Trai

India is evaluating whether Huawei and ZTE should be kept out of upcoming 5G trials, though a final decision on the issue is yet to come

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Peak power demand declines further to 5.65% in first fortnight of August

Peak power demand met, which is the highest energy supply during a day across the country, was at 167.49 GW in the first fortnight of August

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Livelihood mission of 2014 has a few pointers for urban job scheme

Between 2014-15 and October 31, 2019, over 460,000 SHGs have been formed under the scheme; 461,994 beneficiaries have been assisted in setting up micro-enterprises for self-employment

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Microsoft patent reveals touch control for old generation laptops

The patent was applied on January 24 and published on August 6, reports Windows United

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Natural gas prices may be cut to decade low of $1.9; dent ONGC revenues

This will be the third straight reduction in rates in one year. Prices were cut by a steep 26 per cent to $2.39 per mmBtu in April.

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Natural gas prices may be cut to decade low of $1.9; dent ONGC revenues

This will be the third straight reduction in rates in one year. Prices were cut by a steep 26 per cent to $2.39 per mmBtu in April.

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Good Idlis, long walks in Madras: Kamala remembers 'proud Indian heritage'

"Today on August 15, 2020. I stand before you as the first candidate for vice president of the United States of South Asian descent," Harris said in her address

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