Underpinning the recovery is a resurgence in foreign-investor interest
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Monday, November 30, 2020
TVS Motor acquires integrated IoT solution provider Intellicar Telematics
Intellicar provides advanced fleet management solutions through an integrated platform powered by IoT technologies coupled with strong analytics and data management capabilities
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India sees largest drop in malaria cases in south-east Asia between 2000-19
India made strong progress in the fight against malaria, recording the largest reduction in cases in South-East Asia from 20 million in 2000 to about 5.6 million last year, WHO said
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Granules India surges 6% on Carlyle group acquisition buzz
Carlyle is expected to buy 42 per cent of promoter shares, which will trigger an open offer to acquire additional stake from others, CNBC TV18 report.
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Stocks to watch: Dr Reddy's, autos, Indian Hotels, Indiabulls Housing Fin
Here's a list of stocks that may remain in focus today.
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As China halts imports, India's craft beer craze may rescue Aussie barley
With India's population growing by 15 million per year, the industry will need to make an additional 2 million hectoliters between 2019-24 -- or 80 Olympic swimming pools worth, Bloomberg Intelligence
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Govt invites farmers for talks today; PM says they are being misinformed
The Centre invited agitating farmer unions for talks on Dec 1, two days ahead of a scheduled meeting. At the same time, PM Modi said the protests are based on creating doubts through misinformation
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12790 - 12730 a sacrosanct support zone for Nifty: Angel Broking
Although the overall trend has been strongly up, traders should still avoid aggressive bets
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Oil prices slide after OPEC+ talks delays escalate supply concerns
Oil prices slipped amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the Covid pandemic continues to sap fuel demand
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Nifty outlook & trading strategies by CapitalVia: Buy SBI, Dr Lal PathLabs
Better-than-expected Q2 GDP data numbers might help index to move in the positive territory
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MARKET LIVE: SGX Nifty up 30 points; Maruti Suzuki, Tata Motors in focus
LIVE Market updates: Auto stocks would be in focus as November sales data would be released, starting today
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MARKET LIVE: SGX Nifty up 30 points; Maruti Suzuki, Tata Motors in focus
LIVE Market updates: Auto stocks would be in focus as November sales data would be released, starting today
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Stock recommendations by Vaishali Parekh: Buy Hero MotoCorp, VRL Logistics
The stock of Hero Moto Corp has indicated a reversal from the oversold zone to signal a buy
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Bitcoin over gold: Can the largest digital currency rival bullion one day?
The digital currency is a trading ground for a motley crew of retail players, speculative pros and exotic quants, while traditional investors have hitherto stayed on the sidelines
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Farmers protest LIVE: Traffic congestion at Delhi borders, warns police
Farmers protest LIVE updates Day 6: Farmers will take a call on Centre's invitation for talks over new farm laws today. Stay tuned for latest updates on farmers' protest
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Sensex, Nifty posts 12% gains in November, yet India lags world markets
India's emerging market peers Brazil and Thailand gained 26 per cent and 22 per cent, respectively, in November
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Coronavirus LIVE: India cases at 9,463,254; Delhi sees 108 deaths in a day
Coronavirus LIVE update: At 1,823,896, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 884,897, Andhra Pradesh 868,000, Tamil Nadu 781,915 and Kerala 599,000
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Volumes in F&O segment to shrink as peak margin rules kick in today
Zerodha expects F&O volumes to be impacted by 20-30%; new norms aimed at discouraging leveraged bets
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Covishield's approval process hinges on adverse event investigation
SII has in response stated that the allegations made in the legal notice are 'malicious and misconceived', and that it will seek damages in excess of Rs 100 crore.
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Microfluidic system with cell-separating powers may unravel how novel pathogens attack
To develop effective therapeutics against pathogens, scientists need to first uncover how they attack host cells. An efficient way to conduct these investigations on an extensive scale is through high-speed screening tests called assays.
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Study shows strong links between music and math, reading achievement
A music educator thought that if he could just control his study for the myriad factors that might have influenced previous ones - race, income, education, etc. -- he could disprove the notion of a link between students' musical and mathematical achievement. Nope. His new study showed statistically significant associations between the two at both the individual and the school-district levels.
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COVID-19 shutdowns disproportionately affected low-income black households
Researchers report that low-income Black households experienced greater job loss, more food and medicine insecurity, and higher indebtedness in the early months of COVID-19 compared to white or Latinx low-income households.
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HCC-VCCL JV wins orders worth Rs 236 cr from Northeast Frontier Railway
HCC's share in the JV is 55 per cent, the company said in a release on Monday
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Farmers will get freedom to sell crops for better price: PM defends reforms
Prime Minister Modi again defends laws liberalising agriculture market, says farmers must trust him.
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Little co-relation between health spend and Covid-related results: Ind-Ra
While hospitals and beds are essential to manage case load, administrative intervention is a must for mass-scale testing and arresting the spread of the disease, the report says
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Modi to hold all-party meeting on Friday, discuss coronavirus situation
Defence Minister Rajnath Singh, Home Minister Amit Shah, Health Minister Harsh Vardhan, and Parliamentary Affairs Minister Pralhad Joshi are likely to attend the meeting
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Indian banks' capital to slip over 2 years without fresh infusion: Moody's
The 2021 outlook for banks in emerging markets is negative, while the outlook for insurers is stable, Moody's said.
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Office space leasing by co-working players to fall 58% in 2020, says report
At a juncture when co-working spaces were seeing strong growth, the outbreak of Covid-19 has played spoilsport.
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S&P nears mega deal to buy IHS Markit to form financial data giant: Report
The deal could be announced as soon as Monday, according to a media report.
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Ola, Uber rides to get cheaper? Govt's new guidelines for app taxi firms
In this podcast we will talk about new regulations for cab aggregators, penalties in case of violation among other things
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World Coronavirus Dispatch: Toxic effects to weaken global pension systems
Pandemic delays cancer R&D, Australia hopes pilot scheme will restart its education sector, Tourist-starved Caribbean woos homebound workers and other-pandemic related news across the globe
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Jabra Elite 85T wireless earbuds with advanced ANC launched: Details here
Jabra Elite 85t will be available in titanium black colour for Rs 18,999 on Amazon India, starting December 1
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Lakshmi Vilas customers to get all services; interest rates unchanged: DBS
The amalgamation of Lakshmi Vilas Bank into DBS Bank India came into effect from November 27
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Pre-placement offers increase at IIT Madras despite Covid-19 pandemic
As many as 182 offers were made to IIT Madras students this academic year (as on November 28, 2020) as against 170 offers during the entire 2019-20 academic year
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Tesla gets permission from China to sell Shanghai-made Model Y SUV
Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China
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Paytm Money to offer investments in IPO, aims for 8-10% market share
Fintech major Paytm said its wholly-owned subsidiary Paytm Money will now facilitate investments in Initial Public Offers
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DATA STORY: India's active Covid cases down by 7,004 at 446,952; recovery rate at 93.81%
India on Sunday conducted 876,173 coronavirus tests, taking the total count of tests conducted so far in the country to 140,379,976. The test positivity rate recorded was 4.4%
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Sunday, November 29, 2020
UK bans new Huawei 5G network installation from September next year
British telecommunications firms must not install new Huawei 5G kit after September 2021, the government said, as part of a plan to purge the Chinese firm's equipment from high speed mobile networks
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India's disadvantaged lack nutrition, except we don't know how much
In India, caste is a dominant aspect of an individual's social identity and can similarly determine access to crucial health and nutrition services
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Coronavirus LIVE: Lockdown in Tamil Nadu till Dec 31; India cases at 9.43mn
Coronavirus live updates: At 1,820,059, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 883,899, Andhra Pradesh 867,683, Tamil Nadu 777,616 and Kerala 599,000
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While US, Europe rebound, India yet to find firm ground as economy shrinks
The new figures firmly ensconced India's position among the world's worst-performing major economies, despite expansive government spending designed to rescue the thousands of small businesses
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A 'mission of the century' as airlines prep for gargantuan vaccine supply
Laid low by a Covid-19 outbreak that's decimated passenger demand, airlines will be the workhorses of the attempt to eradicate it, hauling billions of vials to every corner of the globe
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Artillery import embargo put off, doors open for Rs 23,700 cr Israeli guns
With the ATAGS priced at about Rs 15 crore per gun, an order for 1,580 ATAGS would generate business worth Rs 23,700 crore for the Indian defence production eco-system
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Biden slips while playing with dog, has 'confirmed hairline fractures'
On Saturday, Biden slipped while playing with his dog Major, and twisted his ankle, according to the President-elect's communications team
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LIVE: PM Modi to interact with teams involved with developing Covid vaccine
Narendra Modi will interact with the teams of the Gennova Biopharma, Biological E, and Dr Reddy's via video conferencing. Stay tuned for Latest LIVE news
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JSW Steel set to acquire land for 13 mn tonne steel plant in Odisha
Domestic steel major JSW Steel is in the process of acquiring land at Jagatsinghpur in Odisha where it has proposed to set up a 13.2 MTPA greenfield steel plant, a top company official said
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5G prospects compelling for India; spectrum can spur growth: Qualcomm
Indian regulators will have a big role to play in ensuring that 5G in India is deployed to its "full potential"
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Unified tariff to raise input cost 5-6% but no huge impact on consumer: IGL
Hike in retail price will be marginal as transportation tariff for national pipelines makes up only an eighth of the final consumer price
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Farmers reject Amit Shah's plea to move to Burari ground; stay at borders
Farmers protesting against the Centre's three farm laws on Sunday decided not to shift to the Burari ground in the national capital and stay put at the Delhi borders
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World Coronavirus Dispatch: East Africa uses virus as excuse to gag dissent
China finds virus on Chilean seafood packs, Slack missed out on pandemic's zoom boom, Covid is tearing into parts of Europe that lack doctors, and other pandemic-related across the globe
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Finmin asks PSU general insurers to cut flab, prune branch numbers: Sources
The finance ministry asked public sector general insurance firms, especially National Insurance, Oriental Insurance and United India Insurance, to rationalise branches and cut down avoidable expenses
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JSW Steel set to acquire land for 13 mn tonne steel plant in Odisha
Domestic steel major JSW Steel is in the process of acquiring land at Jagatsinghpur in Odisha where it has proposed to set up a 13.2 MTPA greenfield steel plant, a top company official said
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Can improve DHFL offer, forfeit deposit of those against recoveries: Adani
Piramal quoted Rs 23,500 crore only for the retail portfolio of DHFL while Hong Kong-based SC Lowy bid Rs 2,350 crore for SRA
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Can improve DHFL offer, forfeit deposit of those against recoveries: Adani
Piramal quoted Rs 23,500 crore only for the retail portfolio of DHFL while Hong Kong-based SC Lowy bid Rs 2,350 crore for SRA
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FPIs net buyers for 2nd consecutive month in Nov, invest Rs 60,358 cr
For equities segment, this is the highest quantum of money invested ever since the FPI data has been made available by the National Securities Depository Ltd
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Amid protests, PM Modi says new farm laws mitigating farmers' problems
His remarks come at a time when thousands of farmers, mostly from Punjab, have dug in their heels at Delhi's border points and hundreds have gathered at the city's Burari ground
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Saturday, November 28, 2020
Van Heusen to increase number of innerwear outlets to 400 in 2-3 years
The company has 45 Van Heusen Innerwear Exclusive stores, more than 350 Van Heusen mainline exclusive stores and Planet Fashion - 260 stores
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Three Facts with AKB: Now, FY21 GDP contraction is nearly certain for India
In order to avoid a negative growth in full FY21, India will need to see real GDP growth of over 15% in each of the two remaining quarters. That may not be possible in the present economic scenario
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Firms raise Rs 25K cr via IPOs in 2020 so far; next yr to be equally strong
In 2020 so far, close to Rs 25,000 crore has already been raised through IPOs and the figure could rise further as Burger King's Rs 810-crore initial share-sale is schedule to open on December 2
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Firms raise Rs 25K cr via IPOs in 2020 so far; next yr to be equally strong
In 2020 so far, close to Rs 25,000 crore has already been raised through IPOs and the figure could rise further as Burger King's Rs 810-crore initial share-sale is schedule to open on December 2
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ICMR approves CSIR's Covid-19 testing method to ramp up RT-PCR tests
The Dry Swab-Direct RT-PCR method involves collecting and transporting the nasal swab in dry state, as opposed to using the viral transport medium VTM
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Sukma: CRPF CoBRA officer killed, 9 commandos injured in Naxal attack
Seven commandos are being treated at a hospital in Raipur while two are being given medical care at a unit hospital at Chintalnar, located in the south Bastar area of the state
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From small businesses to farmers, here's how middle India is driving demand
Government data released on Friday showed the economy shrank 7.5% in the July-September quarter, performing better than analysts' expectation of an 8.8% contraction
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IND vs AUS 2nd ODI LIVE: Can India find right balance in a must-win game?
The India vs Australia live toss will take place at 8:40 am IST. Check IND vs AUS live score, playing 11 and match updates here
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Coronavirus LIVE: India Covid-19 cases reach 9,390,791; toll at 136,705
Coronavirus update: At 1,808,550, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 881,086, Andhra Pradesh 866,000, Tamil Nadu 777,616 and Kerala 587,578
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Apple suppliers' exodus from China won't slow down under Joe Biden
Trump's trade hostilities against China caused many manufacturers to shift production capacity to neighboring countries
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UK to be first to clear Pfizer-BioNTech Covid vaccine likely by next week
The U.K. had long signaled it would move fast on any promising vaccine candidate
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PM Modi tours 3 cities, takes stock of coronavirus vaccine development
PM Modi visited the Zydus Biotech Park in Ahmedabad, Bharat Biotech in Hyderabad and Serum Institute of India in Pune.
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Sebi bars NDTV promoters, others in insider trading case; company to appeal
NDTV said the order is based on an inaccurate assessment of facts.
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PM visit will motivate us to 'bridge unmet healthcare needs': Zydus Cadila
Modi visited Zydus Cadila's manufacturing facility near Ahmedabad to take stock of the development of a Covid-19 vaccine.
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Rising FDI shows investors prefer India's enabling environment: Goyal
FDI in India grew by 15 per cent to Rs 2.2 trillion ($30 billion) during the first half of the current fiscal.
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Centre's ethanol push prompts sugar mills to increase production
The Centre has floated tenders seeking supply of 350 crore litres of ethanol to be blended with vehicle fuel.
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Volunteer for Oxford's Covid-19 vaccine seeks Rs 5 crore compensation
The vaccine 'Covishield' is being manufactured by Pune-based Serum Institute of India
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EPFO extends deadline to submit life certificate by pensioners till Feb 28
The pensioners who could not submit their life certificates till November 30 deadline, would get pension every month till February
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Baba Ramdev on board of Ruchi Soya; brother Ram Bharat to be MD
Ruchi Soya Industries Ltd in a notice to shareholders sought approval for appointment of Ram Bharat, 41, as the managing director of the company.
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Baba Ramdev on board of Ruchi Soya; brother Ram Bharat to be MD
Ruchi Soya Industries Ltd in a notice to shareholders sought approval for appointment of Ram Bharat, 41, as the managing director of the company.
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Max Financial gets Irdai nod for share swap agreement with Mitsui Sumitomo
Irdai's approval takes Max Financial Services one step closer to the consummation of its deal with private lender Axis Bank
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Max Financial gets Irdai nod for share swap agreement with Mitsui Sumitomo
Irdai's approval takes Max Financial Services one step closer to the consummation of its deal with private lender Axis Bank
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DATA STORY: After 3 days, India's active Covid cases see net decline, down 615
India on Friday conducted 1,157,605 coronavirus tests, taking the total count of tests conducted so far in the country to 138,220,354. The test positivity rate recorded was 3.6%
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World Coronavirus Dispatch: Recovery warrants wrestling with human nature
Boris Johnson is facing Tories rebellion over Covid tier system, the virus may keep evolving even after vaccine arrival and other-pandemic related news across the globe
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China builds a village, takes its South China Sea strategy to the Himalayas
China completed construction of a new village high in the mountains where the Chinese region of Tibet meets the kingdom of Bhutan
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Friday, November 27, 2020
Lab to clinic: The genesis of coronavirus vaccine talk in India
Listen to the podcast to know how a meeting at the PMO spurred vaccine talks within govt
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Petrol consumption up 4.5 per cent, diesel down 7.3 per cent in November
The Indian basket crude oil touched $47.41 a barrel on November 26 as against average crude oil prices of $41 a barrel in the first fortnight of November this year
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India's Cartosat-2F, Russia's Kanopus-V satellites barely miss collision
India's 700 kg cartography satellite Cartosat-2F and Russia's 450 kg Kanopus-V satellite had a near miss in the outer space on Friday morning
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Iran accuses Israel, US in assassination of nuclear scientist, vows revenge
Mohsen Fakhrizadeh was the head of research and innovation at Iran's Ministry of Defense and widely seen as having a major role in the country's nuclear program
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Farmers protest LIVE: Farmers to decide on next course of action today
Farmers protest LIVE updates: After the day-long confrontation at Delhi-Haryana's Singhu and Tikri borders, the Delhi Police on Friday finally allowed thousands of farmers to enter Delhi
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Coronavirus LIVE: India cases at 9,351,224; PM to review vaccine progress
Coronavirus update: At 1,808,550, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 881,086, Andhra Pradesh 866,000, Tamil Nadu 777,616 and Kerala 587,578
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Manufacturing GVA rises in Q2; still a long way to go for turnaround
Experts said this did not indicate that there was a turnaround in manufacturing, as it continued to contract in volume terms
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RBI has set precedence in LVB bond write-off, will hurt other banks: Report
During the Yes Bank rescue earlier this year also, there was an over Rs 7,000-crore bond write-off, but that involved a different instrument called additional tier-I bonds.
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Thursday, November 26, 2020
Oil regulator PNGRB simplifies gas pipeline tariff for better affordability
PNGRB said the tariff for the first tariff zone will be 40 per cent of the tariff for the second zone
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Laurus Labs gains 7% in two days on acquisition of Richcore Lifesciences
Motilal Oswal Securities maintains 'buy' rating on Laurus Labs with target price of Rs 410 per share
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Latest news LIVE: I've been illegally detained again, tweets Mehbooba Mufti
Mehbooba Mufti on Friday tweeted that she and her daughter had been put on house arrest yet again. Stay tuned for Latest LIVE news live updates.
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TII to raise money from Azim Premji, SBI MF to acquire CG Power, fund capex
TII will raise Rs 350 crore from Azim Premji Trust and SBI Mutual fund through preferential issue
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Tube Investments to raise funds from Azim Premji Trust, SBI MF; stock up 5%
The company has agreed to raise Rs 350 crore on a private placement basis via preferential allotment to Azim Premji Trust and two schemes of SBI Mutual Fund (MF)
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Gas distribution stocks rally after PNGRB simplifies gas pipeline tariff
Gujarat Gas soared 19%, Indraprastha Gas hit 10% upper circuit, while Mahangar Gas, Adani Gas and GSPL were up between 9% and 18% on the BSE
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Amazon to spend $500 million in holiday bonus to frontline workers
The company said on Thursday that it would pay full-time operations workers $300, and part-timers $150, if they are employed by the e-commerce giant for the entire month of December
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Bitcoin and millennials: How Indian crypto entrepreneurs beat the system
India's share of person-to-person virtual-currency trading in Asia has surged to 33%, the same as in China
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Amazon to spend $500 million in holiday bonus to frontline workers
The company said on Thursday that it would pay full-time operations workers $300, and part-timers $150, if they are employed by the e-commerce giant for the entire month of December
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Stocks to watch: FMCG firms, M&M, DHFL, ACC, L&T, Adani Green, Gillette
Here's a list of stocks that may remain in focus today.
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Credit-rating cuts for companies slow down as Indian economy perks up
Economic data suggests that Asia's third-biggest economy is recovering, albeit unevenly, after it shrank a record 24% in the three months to June 30
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Concern being replaced by optimism as economy shows signs of recovery
The improvements are expected to continue, with some analysts seeing the country returning to growth as soon as this quarter
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Farmers' protest LIVE updates: Security heightened at Haryana-Delhi border
Delhi Metro services from neighbouring cities to the national capital will remain suspended today in view of the farmers' protest.
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Credit-rating cuts for companies slow down as Indian economy perks up
Economic data suggests that Asia's third-biggest economy is recovering, albeit unevenly, after it shrank a record 24% in the three months to June 30
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Here's a Bull Spread Strategy on Bajaj Auto by HDFC Securities
Stock price has broken out on the daily chart with higher volumes where it closed at nine-month high
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Top stock picks by Nilesh Jain of Anand Rathi: Buy HCL Tech, HDFC AMC
A fresh buy crossover can be seen on MACD indicators for HCL Tech, and RSI has reversed from the oversold territory which hints at a strong pullback in the short term
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MARKET LIVE: Indices likely to begin December series on a positive note
LIVE market updates: DHFL reported a net loss of Rs 2,123 crore for the quarter ended September as compared to a net loss of Rs 6,750 crore in the year-ago quarter
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MARKET LIVE: Indices likely to begin December series on a positive note
LIVE market updates: DHFL reported a net loss of Rs 2,123 crore for the quarter ended September as compared to a net loss of Rs 6,750 crore in the year-ago quarter
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Why an economy-wide net-zero emission target won't work for India
China waited to strong growth trajectory before pledging to reach net-zero emissions but India is about 15-20 years behind China in terms of development
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Coronavirus LIVE: India cases at 9,309,871; Maharashtra tally past 1.8 mn
Coronavirus update: At 1,802,365, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 879,560, Andhra Pradesh 865,000, Tamil Nadu 776,174 and Kerala 583,000
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IND vs AUS 1st ODI LIVE: Crowds return to stadium as India dons new jersey
The India vs Australia live toss will take place at 8:40 am IST. Check IND vs AUS live score, playing 11 and match updates here
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Over 19 quarters taken to clear unsold real estate inventory, says Ind-Ra
Residential sales were down 50 per cent year-on-year (YoY) to 68 million square (sq.) feet (ft) in H1FY21 across the major six cities.
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Bombay HC denies stay on merger of Lakshmi Vilas Bank, DBS Bank India
The merger will be effective from November 27 and all branches of LVB will operate as those of DBIL from the same day.
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S&P downgrades DIAL's rating to 'B-' over heightened liquidity risk
S&P has kept the ratings on CreditWatch where they were first placed with negative implications on March 20, 2020
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Tube Investments to allot shares worth Rs 350 cr to Premji Trust, SBI MF
The shares will be alloted on a preferential/ private placement basis to non-promoter entities
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Tube Investments to allot shares worth Rs 350 cr to Premji Trust, SBI MF
The shares will be alloted on a preferential/ private placement basis to non-promoter entities
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Capital account convertibility a process, not an event: RBI governor
Economic recovery sharper than anticipated, but contingent upon flaring up of Covid infection
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AstraZeneca manufacturing error clouds coronavirus vaccine study results
AstraZeneca and Oxford University have acknowledged a manufacturing error that is raising questions about preliminary results of their experimental Covid-19 vaccine
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Wednesday, November 25, 2020
LIVE: Economy has exhibited stronger-than-expected rebound, says RBI Guv
Indian economy has exhibited stronger-than-expected rebound; need to be watchful of demand sustainability after festive season, said RBI governor Shaktikanta Das. Stay tuned for Latest LIVE news
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Share of rural mkt grows in passenger car sales with more first time buyers
Factors that helped rural sales included a good monsoon, an excellent rabi crop and a relatively lesser spread of the Coronavirus
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Sugar shares in focus; EID Parry hits 52-week high, Triveni surges 6%
KCP Sugar & Industries, Uttam Sugar Mills and Avadh Sugar & Energy were up between 8 per cent and 18 per cent on the BSE
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IndiGo's runaway rally turns analysts wary; Citi downgrades stk to 'sell'
In the past six months, IndiGo has outperformed the Sensex index and has rallied 78.4 per cent on the BSE till Wednesday. In comparison, the S&P BSE Sensex is up 42.8 per cent, BSE data show
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IndiGo's runaway rally turns analysts wary; Citi downgrades stk to 'sell'
In the past six months, IndiGo has outperformed the Sensex index and has rallied 78.4 per cent on the BSE till Wednesday. In comparison, the S&P BSE Sensex is up 42.8 per cent, BSE data show
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Puravankara shares hit a fresh 52-week high, rally 80% in three weeks
According to a report, Godrej Fund is in talks with Bengaluru-based developer for Rs 1,200 crore deal.
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Siemens rallies 8% on good operational performance in September quarter
The EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin improved 180 basis points (bps) YoY to 12.9 per cent, largely led by a 210bp YoY expansion in gross margins.
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Laurus Labs gains 5% on acquisition of Richcore Lifesciences
Laurus Labs has signed a definitive agreement to acquire 72.55 per cent of Richcore's shares from Eight Roads Ventures and VenturEast for a value of Rs. 246.7 crore
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Stocks to watch: Laurus Labs, Fine Organics Ind, PVR, Union Bank of India
Here's a list of stocks that may trade actively in today's session.
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A glut of cash chasing assets in India causes short-term rates to plunge
Banks have parked 6.1 trillion rupees ($82.5 billion) of excess cash with the central bank at the reverse repo rate of 3.35%
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Exiting RCEP may backfire as India could lose market share to trade bloc
Modi pulled out of what's now the world's largest free-trade agreement to appease farmers and touted the exit as a victory for India's poor
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One child or youth under 20 infected with HIV every 100 seconds: UNICEF
Approximately once every minute and 40 seconds, a child or young person under the age of 20 was infected with HIV last year, the UN Children's Fund (UNICEF) said on Wednesday
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Buying in cryptocurrency is putting pressure on precious metals: Tradebulls
Both silver and gold are headed to basement after strong US and Europe's economic data
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MARKET LIVE: Sensex, Nifty likely to open higher ahead of F&O expiry
LIVE Market updates: Siemens might trade actively in today's session after reporting a flattish dip in profit at Rs 330 crore in the September quarter
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MARKET LIVE: Sensex, Nifty likely to open higher ahead of F&O expiry
LIVE Market updates: Siemens might trade actively in today's session after reporting a flattish dip in profit at Rs 330 crore in the September quarter
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Sebi eases surveillance steps implemented to curb Covid-induced volatility
Steps related to flexing of dynamic price band for F&O and equity index derivatives (F&O) would continue to be in force, Sebi said in a statement
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Coronavirus LIVE: India cases rise to 9,266,697; global tally at 60,681,568
Coronavirus live updates: At 1,795,959, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 878,055, Andhra Pradesh 864,000, Tamil Nadu 774,710 and Kerala 571,000
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Amazon fined for not displaying mandatory information about products
The government has imposed a penalty on Amazon for not displaying mandatory information, including the country of origin, of products sold on its platform, according to an official order
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Tuesday, November 24, 2020
HDFC Bank m-cap tops Rs 8-trillion; CLSA sees further upside in stock price
With Rs 8-trillion milestone, HDFC Bank now stands at third position in the overall market-cap ranking of listed companies
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UTI AMC gains 3%, trades above issue price for the first time since listing
JM Financials Institutional Securities recently initiated coverage on UTI AMC with a 'BUY' rating and a target price of Rs 700
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BSE Auto index hits fresh 52-week high, zooms 100% from March low
Mahindra & Mahindra and Motherson Sumi Systems have rallied over 200 per cent from March lows.
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HDFC Bank m-cap crosses Rs 8-trillion mark; stock zooms 30% in 3 months
In the past month, HDFC Bank has outperformed the market by gaining 17 per cent, against 10 per cent rise in the S&P BSE Sensex
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Work from home revolution has one major beneficiary in India; working women
A third of India's technology services labor force comprises women, already a better gender ratio than most other industries in the country
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For profits and taking on Netflix, Disney should consider 'R' rated weapons
Streaming is the new center of gravity at the conglomerate, and so it's time to fine tune its strategy
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More policy space can be created only when inflation eases, says MPC member
Inflation is being driven by supply-side problems and is likely to stay elevated for a while, Mridul Saggar said
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As refinancing risks ease, S&P affirms Glenmark Pharma's 'BB-' rating
The rating agency has a stable outlook on Glenmark Pharma's rating and also removed it from 'CreditWatch'
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Stocks to watch: Muthoot Finance, Sreeleathers, Tata Chemicals, banks, SBI
Here's a list of stocks that may trade actively in today's session.
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Did festival demand revive Indian economy's animal spirits in October?
Demand during the festival season helped boost three of the eight high-frequency indicators
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Weekly stock picks by Religare Broking: Buy Aurobindo Pharma, Marico
The chart pattern and positioning of oscillators are pointing towards a sharp up move in Aurobindo Pharma in the near future
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MARKET LIVE: SGX Nifty indicates a gap-up start for benchmark indices
LIVE Market updates: Shares of Tata Consultancy Services may trade actively since today is the last day to participate in the Rs 16,000-crore share buyback
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MARKET LIVE: SGX Nifty indicates a gap-up start for benchmark indices
LIVE Market updates: Shares of Tata Consultancy Services may trade actively since today is the last day to participate in the Rs 16,000-crore share buyback
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Nifty could hit 13,150-13,200 in the coming sessions: HDFC Securities
Nifty50 index also remains above the 20-day SMA and has now closed at a new life time high after clearing the recent highs of 12,963
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Rally 2.0 underway for emerging markets as stocks add $8 trillion
Investors' risk appetite got a boost after Joe Biden's US presidential win and successes in vaccine development, pushing the benchmark MSCI gauge toward its best month since March 2016
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Vaccine hopes fuelling high Asia equity valuations; future returns doubtful
The MSCI Asia Pacific ex-Japan Index is trading at about 16 times estimated profits for the next 12 months, a level unseen since the years surrounding the global financial crisis
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Dell sees sales above estimates on booming demand for remote-work tools
Dell forecast current-quarter sales above market expectations as a pandemic-driven shift to remote work and learning powered demand for its desktops and notebooks
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Sidbi partners with Tamil Nadu to bolster MSME ecosystem in the state
Sidbi will deploy a project management unit in the Tamil Nadu government to design training and capacity-building programmes to be taken up by the state in various areas
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Cyclone Nivar LIVE updates: Tamil Nadu, Puducherry declare public holiday
Cyclone Live tracker: Cyclone Nivar will bring winds between 120 and 130 km per hour, with gusts of up to 145 km per hour. Stay tuned for Cyclone Nivar latest updates
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Safe or unsafe? The best and worst places to be in the Covid-19 era
The result is an overall score that's a snapshot of how the pandemic is playing out in these 53 places right now
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'Khichdification' of medical practice: IMA on surgery nod for Ayurveda
The IMA on November 22 had condemned the move, describing it as a "retrograde step of mixing the systems"
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Congress veteran Ahmed Patel dies at 71 after multiple-organ failure
In a statement on Twitter, his son Faisal Patel said that Ahmed Patel passed away at 3.30 am on November 25
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Coronavirus LIVE: Congress leader Ahmed Patel dies from Covid complications
Coronavirus update: At 1,789,800, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 876,425, Andhra Pradesh 863,000, Tamil Nadu 773,176 and Kerala 571,000
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Embassy to compete with Oyo as it rolls out asset light business model
Under Olive Residences, the Bengaluru-based company will be taking up existing residential buildings and hotels in partnership with owners for a performance-based management fee
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DATA STORY: Punjab has worst case fatality rate at 3.15%, Maharashtra's at 2.61%
India on Monday conducted 1,099,545 coronavirus tests, taking the total count of tests conducted so far in the country to 133,682,275. The test positivity rate recorded was 3.5%
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NSE declares Karvy Stock Broking as defaulter, expels from membership
The National Stock Exchange has declared Karvy Stock Broking as a defaulter for non-compliance with the regulatory provisions of the bourse
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NSE declares Karvy Stock Broking as defaulter, expels from membership
The National Stock Exchange has declared Karvy Stock Broking as a defaulter for non-compliance with the regulatory provisions of the bourse
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Monday, November 23, 2020
Nifty hits 13,000-mark, Sensex at record peak: Is it time to book profits?
A cocktail of better-than-expected earnings, improved Goods and Services Tax (GST) collection, better macro-data, and progress in Covid-19 vaccine development has pushed Nifty50 & Sensex to their peak
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Nifty hits 13,000-mark, Sensex at record peak: Is it time to book profits?
A cocktail of better-than-expected earnings, improved Goods and Services Tax (GST) collection, better macro-data, and progress in Covid-19 vaccine development has pushed Nifty50 & Sensex to their peak
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Adani Ports becomes part of DJSI Emerging Markets Index; stock soars 7%
The company ranked 14th in the transportation and transportation infrastructure sector of Dow Jones Sustainability Emerging Markets Index, 2020
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Granules India shares gain 5%, hit record high on heavy volumes
In Q2FY21, the company's Ebitda grew 78.6 per cent YoY, with a 935 basis points margin expansion YoY on changing product mix and improved operational efficiencies
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Mahindra & Mahindra hits 52-week high on strong business outlook
In the past one week, the stock has outperformed the market by gaining 14 per cent.
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Solar power tariff touches record low of Rs 2 per unit in SECI auction
SECI is a fully-owned subsidiary of the Ministry of New and Renewable Energy entrusted with the tendering process of renewable projects in the country
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Latest news LIVE: Coastal parts of Chennai on alert ahead of Cyclone Nivar
Nivar cyclone is very likely to cross Tamil Nadu and Puducherry coasts between Karaikal and Mamallapuram tomorrow evening as a severe cyclonic storm. Stay tuned for Latest live news
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Xiaomi Mi 10T Pro review: Great screen, cameras and efficacy, but bulky
Priced at Rs 39,999, the Mi 10T Pro is one smartphone that seems to offer sheer value-for-money, at least on paper. Is it as good in actual use? Let's find out
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Bharti Infratel up 28% in 3 days on completion of Indus Tower merger deal
Analysts at ICICI Securities see near-term stock supply only from Providence PE, which may monetise its stake as it had earlier opted for part cash-out
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Donald Trump virtually concedes defeat, agrees to Biden transition
Trump has virtually conceded defeat to Joe Biden agreeing to begin the transition to the Democrat's administration while also making claims that he will be the ultimate winner of the Nov 3 election
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Stocks to watch: IT, aviation stocks, Coal India, RIL, AU Small Fin Bank
Here's a list of stocks that may remain in focus today.
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Diabetic eye disease associated with five-fold risk of severe coronavirus
People with diabetes and eye disease have a five-fold increased risk of requiring intubation when hospitalised with Covid-19, suggest the findings of a new study
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How Bill Gates is working with WHO, drugmakers to defeat the coronavirus
The billionaire is working with the W.H.O., drugmakers and nonprofits to defeat the coronavirus everywhere, including in the world's poorest nations. Can they do it?
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Stock picks by Nilesh Jain of Anand Rathi: Buy Wipro, Godrej Properties
The stock of Wipro is also trading well above its short-term and long-term moving averages
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MARKET LIVE: SGX Nifty indicates a positive start; Astrazeneca in focus
LIVE market updates: Stocks of diagnostic and healthcare tests firms like Thyrocare, Metropolis Healthcare, and Dr Lal Path Labs would be under investors' radar today
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India faces cold chain logistics challenge for Covid-19 vaccination
The nation with the world's second-highest infections plans to use the existing cold chain network in place for its Universal Immunization Program
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Rush for emerging market company bonds as investors look beyond Covid-19
The passing of the US election and progress on Covid-19 vaccines reawakening investors' appetite for risk
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Coronavirus LIVE: India cases rise to 9,177,641; global tally at 59,496,431
Coronavirus live update: At 17,84,361, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 874,555, Andhra Pradesh 862,000, Tamil Nadu 771,619 and Kerala 566,492
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Best of BS Opinion: Optimism on renewables, digital governance, and more
Here's a selection of Business Standard opinion pieces for the day
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Sunday, November 22, 2020
DATA STORY: Delhi adds 6,746 cases, suffers most Covid deaths in a day
India on Sunday conducted 849,596 coronavirus tests, taking the total count of tests conducted so far in the country to 132,582,730. The test positivity rate recorded was 5.2%
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Future group shares, RIL gain after CCI nod for Reliance Retail deal
Future Retail and Future Lifestyle Fashions were locked in 10 per cent upper circuit at Rs 79 and Rs 90.30, respectively, on the BSE
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Pharma shares in focus; Divi's Labs hits new high, Gland Pharma zooms 20%
Dishman Carbogen Amcis, Ipca Lab, SPARC, Caplin Point Laboratories, Dr. Lal PathLabs and Granules India from the S&P BSE Healthcare index were up in the range of 4 per cent to 5 per cent on the BSE
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Will India's banking system go from being state-dominated to tycoon-led?
From the conditional nature of recommendation by RBI on ownership of private-sector banks, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking
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Lakshmi Vilas Bank hits record low; stock tanks 48% in four days
The government has placed the lender under a one-month moratorium and superseded its board
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Asian shares rise on hopes for rapid coronavirus vaccine rollout
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.38%, pushing past a previous record high touched on Friday
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Apollo Tyres lines up capital expenditure of Rs 2,600 cr for FY21, FY22
The company said that the demand is good and it is bullish about Q3 & Q4
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OPPO Enco W51 review: Good earbuds for music and calls, comfort is an issue
Good value-for-money despite limitations. Its distinct and premium looks and ingress protection rating make it a solid contender in sub-Rs 5,000 earphone segment
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Ujjivan Small Fin, IDFC First: Financials rally on RBI's ownership proposal
Equitas Holdings and IDFC were locked in the 20 per cent upper circuit at Rs 63.40 and Rs 40.10, respectively on the BSE
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Stocks to watch: Banks, NBFCs, Bharti Airtel, CG Power, RIL, SREI Infra
Here's a list of stocks that may remain in focus today.
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Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking
Traders should not to trade aggressively now and rather continue with a stock-centric approach
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Can Hydrogen fuel cell cars go mainstream? This tie-up in UK may help do it
Ratcliffe's Ineos Group will explore opportunities to produce and supply hydrogen to Hyundai, which has been making fuel cell vehicles in low volumes since 2013
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Can Hydrogen fuel cell cars go mainstream? This tie-up in UK may help do it
Ratcliffe's Ineos Group will explore opportunities to produce and supply hydrogen to Hyundai, which has been making fuel cell vehicles in low volumes since 2013
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Joe Biden to name longtime aide Antony Blinken as Secretary of State
Jake Sullivan, formerly one of Hillary Clinton's closest aides, is likely to be named Biden's national security adviser
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Two stock recommendations by Vaishali Parekh of Prabhudas Lilladher
The stock of SBI Cards has taken support near 770 levels to make a double bottom formation pattern in the daily chart and has picked up momentum to improve the bias
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Latest news LIVE: PM Modi to inaugurate multi-storeyed flats for MPs today
Prime Minister Narendra Modi will inaugurate multi-storeyed flats, which have come in place of old bungalows. Stay tuned for Latest LIVE news
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MARKET LIVE: SGX Nifty tests 13k, indicates gap-up start for indices
Live market updates: Reliance Industries will be in focus today after the Competition Commission of India cleared RIL's bid to buy Future group's retail, wholesale and logistics assets
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MARKET LIVE: SGX Nifty tests 13k, indicates gap-up start for indices
Live market updates: Reliance Industries will be in focus today after the Competition Commission of India cleared RIL's bid to buy Future group's retail, wholesale and logistics assets
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Coronavirus LIVE: India cases cross 9.1 mn; global tally at 58,970,525
Coronavirus live updates: At 1,780,208, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 873,046, Andhra Pradesh 862,000, Tamil Nadu 769,000 and Kerala 562,735
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Top headlines: India may get 1st vaccine by Feb, FMCGs expand rural reach
India is likely to issue an emergency use authorisation to at least one Covid vaccine by the end of January and health workers will be the first to be inoculated. More headlines in our evening roundup
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US President-elect Joe Biden to unveil first Cabinet picks on Tuesday
Biden, working in his home state of Delaware, has announced a series of selections for White House posts
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Pfizer Covid-19 vaccine could get UK approval this week, says report
Britain formally asked its medical regulator, the MHRA, last week to assess the suitability of the Pfizer-BioNTech vaccine
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No impact of adverse event on Covid-19 vaccine timelines: Bharat Biotech
The firm said subject was now safe. Though it was reported to the drug regulator within 24 hours, the event turned out to be unrelated to the vaccine.
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GoDaddy employees used in multiple crypto service attacks in a week
Fraudsters have used employees at Internet names and registrations management major GoDaddy to attack multiple cryptocurrency services over the past one week, said a report.
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Prestige to invest Rs 2,000 cr on 4 new housing projects in Bengaluru, Goa
Prestige Estates Projects will develop four new housing projects in Bengaluru, Goa and Hyderabad with an investment of nearly Rs 2,000 crore amid recovery in demand for residential properties
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Tariff hike needed as current rates 'unsustainable', says Airtel's Mittal
Where tariffs are concerned, the company has already taken a clear stance on the issue, he said adding that Airtel is of the firm view that tariffs need go up.
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Bahrain's Investcorp invests in Indian logistics start-up Xpressbees
Indian newspaper reports have reported that Xpressbees raised $110 million in its latest funding round
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India to Brazil, Astra-Oxford vaccine is key to many nations' Covid plan
The Astra vaccine costs a fraction of the price set by Pfizer; it should be easier to deploy far and wide than other shots.
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Tata Steel tests coking coal samples from Russia for producing steel: CEO
Coking coal is a key raw material used for making steel using the blast furnace route, besides iron ore
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Tariff hike needed as current rates 'unsustainable', says Airtel's Mittal
Where tariffs are concerned, the company has already taken a clear stance on the issue, he said adding that Airtel is of the firm view that tariffs need go up.
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Bahrain's Investcorp invests in Indian logistics start-up Xpressbees
Indian newspaper reports have reported that Xpressbees raised $110 million in its latest funding round
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India to Brazil, Astra-Oxford vaccine is key to many nations' Covid plan
The Astra vaccine costs a fraction of the price set by Pfizer; it should be easier to deploy far and wide than other shots.
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Saturday, November 21, 2020
Small towns account for 16% of MF asset base; Maharashtra contributes most
Assets from B30 locations increased to Rs 4.61 trillion as of October-end from Rs 4.47 trillion at September-end, a 3 per cent growth.
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CG Power lenders agree for loan recast, pave way for Murugappa takeover
CG Power and Murugappa Group firm Tube Investments of India Ltd, said lenders have accepted one-time settlement and restructuring of debt.
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CG Power lenders agree for loan recast, pave way for Murugappa takeover
CG Power and Murugappa Group firm Tube Investments of India Ltd, said lenders have accepted one-time settlement and restructuring of debt.
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Covid-19 vaccine, related updates, F&O expiry to drive D-Street next week
Bourses are likely to witness bouts of buying in the lower order stocks hinting a catch-up rally
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At 24.6 deg C, Delhi records lowest maximum temperature of season so far
The minimum temperature settled at 8.5 degrees Celsius on Saturday
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LIVE: PM Modi to inaugurate water supply projects in Uttar Pradesh today
Chief Minister Yogi Adityanath will also be present on the occasion. Stay tuned for all Latest News LIVE Updates
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Assam Ex-CM Gogoi's health deteriorates due to post-Covid complications
Gogoi's health condition deteriorated with multi-organ failure and he has become unconscious with difficulty in breathing, Assam Health Minister Himanta Biswa Sarma said on Saturday
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Regeneron, given to Trump, gets emergency US clearance for Covid-19 therapy
Trial findings released by Regeneron in October showed the drug may help treat patients outside the hospital.
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G20 leaders call for 'affordable, equitable' access to Covid-19 vaccine
France warns against 'a two-speed world where only the richer can protect themselves against the virus'.
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Coronavirus LIVE updates: India Covid-19 cases 972,144; death toll 133,263
Coronavirus update: US is the worst-hit country with 12,445,543 coronavirus cases, followed by India, which has 9,095,908 cases, Brazil (6,052,786), France (2,127,051), Russia (2,064,748)
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Europe to lift Boeing 737 MAX grounding in January, follows US action
European Union Aviation Safety Agency says 737 MAX was safe to fly after changes to the design of the jet that crashed twice in 2018 and 2019, killing 346 people.
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Europe to lift Boeing 737 MAX grounding in January, follows US action
European Union Aviation Safety Agency says 737 MAX was safe to fly after changes to the design of the jet that crashed twice in 2018 and 2019, killing 346 people.
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Moderna to charge govt $25-$37 for Covid-19 vaccine: CEO tells paper
Moderna has said its experimental vaccine is 94.5% effective in preventing Covid-19, based on interim data from a late-stage clinical trial.
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Moderna to charge govts $25-$37 for Covid-19 vaccine: CEO tells paper
Moderna has said its experimental vaccine is 94.5% effective in preventing Covid-19, based on interim data from a late-stage clinical trial.
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Alliance with BJP for 2021 elections to continue: AIADMK's top leaders
AIADMK top leaders O Panneerselvam and K Palaniswami made the announcement at a government event in Chennai, attended by Union Home Minister Amit Shah
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Punjab & Sind Bank to raise up to Rs 5,500 cr through preferential issue
State-owned Punjab & Sind Bank on Saturday said its board has approved a proposal to raise up to Rs 5,500 crore by issuing shares on a preferential basis. The board approval is in line with the government sanction to infuse an amount of Rs 5,500 crore in the bank towards contribution of the Centre in the preferential allotment of equity shares during FY2020-21. The board has cleared agenda to "offer, issue, create and allot equity shares up to Rs 5,500 crore including share premium to the Government of India by way of preferential issue of equity shares", the bank said in a regulatory filing. The fund raising will help bank meet its regulatory and growth capital.
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Indiabulls Housing Fin appoints former BoI MD as independent director
Dinabandhu Mohapatra is a former managing director and CEO of Bank of India
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India to pursue twin goals of becoming economic, energy superpower: Ambani
Ambani said that the country needs great innovations in energy storage and utilisation
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India set to resume talks on free trade agreements with EU, US
India which has not signed any trade agreement since 2012
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Amit Shah arrives in Chennai, to inaugurate development projects in TN
Shah's visit assumes significance as BJP prepares itself for the Assembly polls scheduled in mid-2021 in Tamil Nadu
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ED raids multiple locations in Kashmir in J&K Bank money laundering case
The central probe agency covered a total of seven locations, six in Srinagar and one in Anantnag district
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Cumulative positivity rate falling steadily, 130 mn tests done: Health Min
Higher volumes of testing eventually lead to low positivity rate, the ministry said
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Unilever to introduce mouthwash that claims to kill 99.9% of coronavirus
The mouthwash, 'Pepsodent Germicheck Mouth Rinse Liquid', is set to be launched in India in December
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ED raids multiple locations in Kashmir in J&K Bank money laundering case
The Enforcement Directorate on Saturday conducted multiple raids in Kashmir in connection with a money laundering probe linked to alleged suspicious transactions in the J&K Bank. The central probe agency covered a total of seven locations-- six in Srinagar and one in Anantnag district-- as part of the searches conducted under the Prevention of Money Laundering Act (PMLA). The ED said it raided Mohd Ibrahim Dar, Murtaza Enterprises, Azad Agro Traders, M & M Cottage Industries and Mohd Sultan Teli who are "involved" in the hospitality and agro-based industries, civil construction and real estate businesses. "The searches resulted in the recovery of evidence of money laundering as the bank accounts have been found to be used for routing suspicious transactions," it said. The ED is probing the case after studying an earlier FIR filed by the CID of the UT Police in Srinagar against officials of J&K Bank, unidentified public servants, private persons and others for suspicious ...
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Agitating Punjab farmers to lift blockade on passenger trains from Nov 23
The decision to allow passenger trains in the state came after a meeting of representatives of farmer leaders with Chief Minister Amarinder Singh
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PM Modi says India set to double oil refining capacity in five years
India would achieve its targets of increasing renewable energy capacity to 175 gigawatts by 2022 and 450 gigawatts by 2030 ahead of schedule, says PM
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Businesses remain unaffected despite weekend curfew in Ahmedabad
Gujarat govt imposed curfew from Friday 9 pm till Monday 6 am in Ahmedabad
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Businesses remain unaffected despite weekend curfew in Ahmedabad
Gujarat govt imposed curfew from Friday 9 pm till Monday 6 am in Ahmedabad
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Instagram adds new branded content capabilities on its platform
Branded Content ads in Stories can now include tappable elements, such as @mentions, location and hashtags
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Working with new partner Hero to ensure smooth transition: Harley-Davidson
The two companies have inked a distribution agreement, under which Hero will sell and service Harley-Davidson motorcycles
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India has set target of cutting carbon footprint by 30-35%: PM Modi
Modi also said that work is constantly going on to strengthen the start-ups in the energy sector
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Working with new partner Hero to ensure smooth transition: Harley-Davidson
The two companies have inked a distribution agreement, under which Hero will sell and service Harley-Davidson motorcycles
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Fight against Covid-19 in crucial phase, India can't relax now: Ambani
Mukesh Ambani said bold reforms undertaken by the government will lead to a swift recovery
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Singapore Airline's India venture Vistara eyes direct flights to U.S.
Flag carrier Air India is the only Indian airline currently offering direct flights to the US
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Friday, November 20, 2020
DATA STORY: India now accounts for one in 37 active Covid cases globally
India on Friday conducted 1,066,022 coronavirus tests, taking the total count of tests conducted so far in the country to 130,657,808. The test positivity rate recorded was 4.3%
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Coronavirus LIVE updates: Global cases at 57,889,287; over 40 mn recover
Coronavirus update: US is the worst-hit country with 12,268,678 coronavirus cases, followed by India, which has 9,050,442 cases, Brazil (5,912,903), France (2,109,170), Russia (2,039,926)
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Latest news LIVE updates: PM Narendra Modi to attend 15th G20 Summit today
This will be the third summit this month where Prime Minister Narendra Modi and President Xi Jinping will share the same online platform amid India-China standoff. Stay tuned for latest news live.
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Thursday, November 19, 2020
Here are the top stock picks by Nilesh Jain of Anand Rathi Shares
The stock has formed a bearish Harami candlestick pattern on the daily chart which is considered as a bearish reversal pattern.
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US elections 2020: Vote audit over; Biden still leads Trump from Georgia
A top Georgia elections official says a hand tally of the presidential race in Georgia is complete, and the results affirm Democrat Joe Biden's lead over Republican President Donald Trump
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Bear spread strategy on Asian Paints by Nandish Shah of HDFC Securities
The stock price has broken down on the daily chart with higher volumes where it closed at the lowest level since 03 November
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MARKET LIVE: Sensex gains 150 pts, Nifty tops 12,800; metal, realty stks up
Catch all the live updates of the stock markets here. Investors may seek comfort from global firm Barclay's modest revision of India's GDP growth for FY21 to -6.4 per cent from -6 per cent
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MARKET LIVE: Sensex gains 150 pts, Nifty tops 12,800; metal, realty stks up
Catch all the live updates of the stock markets here. Investors may seek comfort from global firm Barclay's modest revision of India's GDP growth for FY21 to -6.4 per cent from -6 per cent
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Tata JLR seeks to block US imports of Audi, Porsche SUVs over patent tussle
Jaguar Land Rover Automotive Plc filed a complaint to block US imports of Porsche, Lamborghini, Audi and Volkswagen SUVs it says are using its patented Terrain Response technology without permission
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Apple defends delay of privacy feature, slams Facebook over ad practices
Apple's letter defended the company's decision to delay an iPhone feature that requires users to give explicit permission before letting apps track them for advertising purposes
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Apple defends delay of privacy feature, slams Facebook over ad practices
Apple's letter defended the company's decision to delay an iPhone feature that requires users to give explicit permission before letting apps track them for advertising purposes
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How rotavirus causes severe gastrointestinal disease
Using intercellular calcium waves, rotavirus amplifies its ability to cause disease beyond the cells it directly infects. This is the first virus identified to activate ADP-mediated intercellular calcium waves.
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Artificial intelligence-based tool may help diagnose opioid addiction earlier
Researchers have used machine learning, a type of artificial intelligence, to develop a prediction model for the early diagnosis of opioid use disorder.
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Long-acting antipsychotic therapy plus cognitive training show promise for schizophrenia
Scientists have found that the use of long-acting antipsychotic medication combined with the use of cognitive training in group settings led to improved cognition and increased productivity.
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Researchers identify features that could make someone a virus super-spreader
Researchers used computer-generated models to numerically simulate sneezes in different types of people and determine associations between people's physiological features and how far their sneeze droplets travel and linger in the air. They found that people's features, like a stopped-up nose or a full set of teeth, could increase their potential to spread viruses by affecting how far droplets travel when they sneeze.
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CLCN6 identified as disease gene for a severe form of lysosomal neurodegenerative disease
A mutation in the CLCN6 gene is associated with a novel, particularly severe neurodegenerative disorder. Scientists have now analyzed the effect of a point mutation that was found in three unrelated affected children.
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New effective and safe antifungal isolated from sea squirt microbiome
By combing the ocean for antimicrobials, scientists have discovered a new antifungal compound that efficiently targets multi-drug-resistant strains of deadly fungi without toxic side effects in mice.
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A pressure sensor at your fingertips
Researchers have developed an ultrathin pressure sensor that can be attached directly to the skin. It can measure how fingers interact with objects to produce useful data for medical and technological applications. The sensor has minimal effect on the users' sensitivity and ability to grip objects, and it is resistant to disruption from rubbing. The team also hopes their sensor can be used for the novel task of digitally archiving the skills of craft workers.
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Tata JLR seeks to block US imports of Audi, Porsche SUVs over patent tussle
Jaguar Land Rover Automotive Plc filed a complaint to block US imports of Porsche, Lamborghini, Audi and Volkswagen SUVs it says are using its patented Terrain Response technology without permission
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Coronavirus LIVE updates: India cases past 9 mn; USA tally crosses 12 mn
Coronavirus update: US is the worst-hit country with 12,049,640 coronavirus cases, followed by India, which has 9,004,325 cases, Brazil (5,912,903), France (2,065,138), Russia (1,991,998)
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GMR, L&T, BHEL among 13 players shortlisted for operating private trains
The operators would be selected after the requests for proposals (RFP) are submitted with a revenue share quote
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India's health spend low, needs to be made priority: Niti Aayog's V K Paul
Says competing priorities have subdued it, Calls for raising spend to 8% of budget
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Understanding lung infections in patients with cystic fibrosis
For young people with cystic fibrosis, lung infection with Staphylococcus aureus, MRSA, is common and is treated with antibiotics in the hope that this will prevent a decline in lung function. However there has recently been debate over the role S. aureus plays in CF lung disease. Researchers have used a new model of CF lungs which could be used to make better decisions about future use of antibiotics.
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Predicting preterm births
Researchers studied how family history can predict preterm birth.
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Engineered immune cells elicit broad response to HIV in mice, offering hope for vaccine
Unlike so many other deadly viruses, HIV still lacks a vaccine. The virus has proven especially tricky to prevent with conventional antibodies, in part because it evolves so rapidly in the body. A solution would require coaxing the body into producing a special type of antibody that can act broadly to defeat multiple strains of the virus at once. Scientists have moved closer to attaining that goal with an approach that would rely on genetically engineered immune cells from the patient's body.
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Insights in the search for new antibiotics
A collaborative research team published an opinion article that addresses the gap in the discovery of new antibiotics.
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Wednesday, November 18, 2020
L&T bags Rs 7,000-cr order to construct part of Bullet Train project
Infrastructure major Larsen and Toubro (L&T) on Thursday said it has bagged an order worth over Rs 7,000 crore to construct a part of the Mumbai-Ahmedabad High Speed Rail (MAHSR), also known as the Bullet Train Project. The engineering and ...
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Nifty Realty index surges nearly 3%; DLF, Prestige Estates advance 5% each
Pick-up in demand and supportive measures from the government have aided in revival of sentiments for the sector.
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LIVE: Modi says Digital India not just a govt initiative, it's way of life
The encounter started around 5 am near the toll plaza in the Ban area of Nagrota on the Jammu-Srinagar national highway. Stay tuned for Latest LIVE news
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L&T bags Rs 7,000-cr order to construct part of Bullet Train project
Infrastructure major Larsen and Toubro (L&T) on Thursday said it has bagged an order worth over Rs 7,000 crore to construct a part of the Mumbai-Ahmedabad High Speed Rail (MAHSR), also known as the Bullet Train Project. The engineering and construction company, however, did not provide the exact value of the contract, but specified that as per its classification, the mega project is of over Rs 7,000 crore. The transportation infrastructure business of L&T Construction has secured mega contract from the National High-Speed Rail Corporation Ltd (NHSRCL) to construct 87.569 km of the MAHSR project, L&T said in a regulatory filing. The scope of the order includes the construction of viaducts, one station, major river bridges, maintenance depots, and other auxiliary works. The approximately 508 km Mumbai-Ahmedabad High-Speed Rail project will cover Maharashtra, Union Territory of Dadra and Nagar Haveli and Gujarat, with 12 stations along the route. Upon completion, the ...
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Apollo Hospitals scouting for acquisitions in north and east India
The hospital chain recently got its board's approval to raise up to Rs 1,500 crore and a portion of it will be used for acquisitions
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Mahindra to make 10 group companies public, sell loss-making units: Report
The company expects 2-3 businesses to go public in the next 3 years, some in 3-5 years and the rest in 5-7 years
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DATA STORY: Delhi suffers 131 Covid deaths, its highest single-day fatality yet
India on Wednesday conducted 1,028,203 coronavirus tests, taking the total count of tests conducted so far in the country to 128,508,389. The test positivity rate recorded was 4.4%
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SpiceJet extends rally, soars 14% as Boeing 737 Max gets US FAA clearance
SpiceJet is the sole operator -- apart from the grounded Jet Airways -- of Boeing 737 Max planes in India with 13 aircraft in its fleet
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Mahindra to make 10 group companies public, sell loss-making units: Report
The company expects 2-3 businesses to go public in the next 3 years, some in 3-5 years and the rest in 5-7 years
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Hero MotoCorp rallies 5% on good retail sales in festive season
On the outlook, the company said the news on the rapid development of Covid-19 vaccines is likely to enable a faster rebound of the global economy in the coming months.
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Trading strategies for gold and aluminium by Tradebulls Securities
"We don't expect a runaway rally in gold as ETF outflows will put pressure on the price," the expert says.
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TCS fixes November 28 as record date for share buyback; stock gains 2%
The TCS board on October 7 had approved a buyback of Rs 16,000 crore to buy back around 53.3 million shares at Rs 3,000 per share
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Stocks to watch: Wipro, TCS, SpiceJet, BPCL, Nestle India, Hero MotoCorp
Here's a list of stocks that may trade actively in today's session.
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Trump challenged election results in key states but can he win them back?
In order to reverse last week's results and get the 270 electoral votes needed to win the White House, Trump would need to move at least three of those states into his column
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Trump's troop withdrawal from Afghanistan may put Biden in a tough spot
Biden may find that one of his first acts as president will be to send more troops to a war he wanted to end 11 years ago
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Top headlines: Small savings cross Rs 1 tn, Volkswagen Beetle goes electric
From Indians pumping nearly Rs 1 trillion into small savings schemes to Beetle becoming India's first vintage car to go electric, Business Standard brings you the top headlines of the day
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Nifty outlook and two stock ideas by Gaurav Garg of CapitalVia Research
We can witness a short-covering move along with the addition of a fresh position only if Nifty breaches 13,000.
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MARKET LIVE: SGX Nifty dips 100 pts on weak global cues; SpiceJet in focus
Catch all the live updates of the stock markets here. Capital inflow by FIIs may trim losses in the Indian markets today; Financials in focus as SC is set to resume hearing in interest waiver case
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Borrowing costs ease for NBFCs after RBI pumps more cash in credit market
India's central-bank move to pump more cash in the credit market has improved the health of shadow lenders, helping to assuage concerns about their revival prospects
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The crisis at Lakshmi Vilas Bank and how does it impact you? Explained
In this podcast, Business Standard's T E Narasimhan explains how does the crisis at Lakshmi Vilas Bank impact customers, will LVB's shareholders get anything, are jobs in LVB at stake and more
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Coronavirus LIVE: India cases at 8,958,143; Delhi tally past 500,000
Coronavirus update: Maharashtra has 1,757,520 coronavirus cases, Karnataka 865,931, Andhra Pradesh 857,395, Tamil Nadu 763,282 and Kerala 539,919. Stay tuned for coronavirus India LIVE updates
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System can sterilize medical tools using solar heat
Autoclaves, which are used to sterilize medical tools, require a steady supply of hot, pressurized steam. Researchers have come up with a way to generate that steam passively, using just the power of sunlight, to help maintain safe, sterile equipment at low cost in remote locations.
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Killing cancer naturally: New process to produce compounds with anti-cancer properties
Scientists have made a breakthrough in the development of potential drugs that can kill cancer cells. They have discovered a method of synthesizing organic compounds that are four times more fatal to cancer cells and leave non-cancerous cells unharmed. Their research can assist in the creation of new anticancer drugs with minimal side effects.
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Tuesday, November 17, 2020
IRB Infra InvIT completes second fund raising round by securing Rs 510 cr
IRB will continue to hold 51% and GIC affiliates will continue to hold a 49% stake in the IRB Infrastructure Trust
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JSW Infra completes acquisition of Chettinad Group's port biz for Rs 1K cr
JSW Infra will also modernise its port assets which now have a combined cargo handling capacity of 17 million tonnes per annum
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Larsen & Toubro advances 4% on winning new order from Tata Steel
The construction and mining equipment business of the company has secured one of its biggest orders ever to supply 46 units of Komatsu Mining Equipment from Tata Steel
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This hottest India internet stock is surging on back of startup investments
Info Edge India climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange's 10-member IT index. The company runs Naukri.com, nation's leading job-hunting platform
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This hottest India internet stock is surging on back of startup investments
Info Edge India climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange's 10-member IT index. The company runs Naukri.com, nation's leading job-hunting platform
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Adani Gas zooms 37% in two days; stock hits fresh record high
In the past month, the stock has rallied 82 per cent, against a 10 per cent rise in the S&P BSE Sensex.
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World shares slip after US retail sales dampen coronavirus vaccine euphoria
U.S. S&P500 futures shed 0.3% in Asian trade on Wednesday, a day after S&P500 index lost 0.48%, while Europe's Euro Stoxx 50 futures eased 0.2%.
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Gujarat State Petroleum seeks LNG cargo for January delivery: Report
India's Gujarat State Petroleum Corp is seeking a LNG cargo for delivery in January, two industry sources said
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DATA STORY: India's active cases down by nearly half a million in 46 days
With 44739 new daily recoveries, India's recovery rate has risen to 93.52%; the fatality rate remains unchanged at 1.47%
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Weekly stock picks by Ajit Mishra of Religare Broking: Buy Bata, Maruti
Bata India has been trading in a range for the last seven months, after a sharp slide from its record high.
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Two stock ideas by HDFC Securities: Buy Arvind Fashion, Hatsun Agro
Trading longs should be held on with the stop loss of 12,700 levels. We expect midcaps to outperform in the coming days.
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How Manish Arora went from being 'god' of fashion to failed businessman
Manish Arora was the breakout fashion star of India. Today, his business is in tatters, with a trail of debts. What happened?
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MARKET LIVE: Sensex, Nifty may see a flat start; LVB, DHFL in focus
Catch all the live updates of the stock markets here. Bank stocks to remain in focus amid Lakshmi Vilas Bank fiasco and Supreme Court hearing in interest waiver case
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MARKET LIVE: Sensex, Nifty may see a flat start; LVB, DHFL in focus
Catch all the live updates of the stock markets here. Bank stocks to remain in focus amid Lakshmi Vilas Bank fiasco and Supreme Court hearing in interest waiver case
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After Kapil Sibal's comments, Anand Sharma veers off Congress script
Sharma criticises move to reject RCEP; Khurshid takes aim at rebels for speaking against party
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Elements inside Pakistan army had links to Al-Qaeda: Barack Obama
In his latest book, America's first Black president described the various options of killing Bin Laden once it became increasingly clear that the elusive Al Qaeda chief was living in Pakistan
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Sebi fines Inventure Growth and Securities for violating market norms
The order follows a comprehensive joint inspection carried out by Sebi with exchanges between April 2017 and May 2018
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India-focussed offshore funds, ETFs see $1.8 bn outflow in Sep quarter
Flows into India-focussed offshore funds are generally considered to be long-term in nature, whereas that into ETFs indicate predominantly short-term money
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Morgan Stanley sees Sensex at 50,000 in 2021, raises index EPS
Brokerage believes the economic growth cycle is not fully priced in; equity market may have more legs before it tops out
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Coronavirus LIVE: India tally at 8,912,704; global tally nears 56 million
Coronavirus update: Maharashtra has 1,752,509 coronavirus cases, Karnataka 864,140, Andhra Pradesh 856,159, Tamil Nadu 761,568 and Kerala 533,500. Stay tuned for coronavirus India LIVE updates
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Delhi govt asks Centre to let it shut markets as coronavirus cases spike
Seeks Centre's permission for localised curbs in hotspots and marketplaces; number of guests at weddings may be capped at 50 from 200 currently
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Algorithm-driven digital program helped lower patients' cholesterol, blood pressure
Researchers enrolled 5,000 patients in a remote, cholesterol and blood pressure management program utilizing care navigators and pharmacists, supported by specialists and using specialist-designed algorithms to initiate and adjust medications. Participants who completed the cholesterol program achieved a 52 mg/dl (42%) reduction in LDL cholesterol levels. Participants who completed the blood pressure program saw an average systolic and diastolic blood pressure reduction compared to baseline of 14mmHg and 6mmHg, respectively.
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Retinas: New potential clues in diagnosing, treating Alzheimer's
A study has identified certain regions in the retina - the lining found in the back of the eye - that are more affected by Alzheimer's disease than other areas. The findings may help physicians predict changes in the brain as well as cognitive deterioration, even for patients experiencing the earliest signs of mild impairment.
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Monday, November 16, 2020
Mahindra Lifespace to launch 4 housing projects by March as demand picks
Mahindra Lifespace Developers Ltd will launch four new housing projects, comprising over 900 units, in Mumbai, Pune and Chennai by March next year as part of its expansion plan for future growth
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Eveready Industries rallies 9% on strong September quarter results
The company is expected to maintain high operating margins in the forthcoming quarters
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DATA STORY: India reports lowest single-day jump in total cases since July 14
India on Monday conducted 844,382 coronavirus tests, taking the total count of tests conducted so far in the country to 126,542,907. The test positivity rate recorded was 3.5%
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Avenue Supermarts in focus; stock surges 6%, nears record high
While announcing the September quarter (Q2FY21) results on October 17, the company's management said that month-on-month sales have improved during this quarter.
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Flipkart acquires Augmented Reality firm Scapic to boost user experience
In a bid to offer more immersive experiences to its consumers, Flipkart Group on Tuesday announced the acquisition of Bengaluru-based Augmented Reality company Scapic for an undisclosed sum
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Hedge funds trapped in alleged $1.5 bn Ireo fraud to pick Varde as manager
The deal would see Varde take over the management of the firm's investments and develop its real estate projects, people said, asking not to be identified as the negotiations are confidential
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We can stop Covid-19: Moderna vaccine success gives world more hope
Moderna's experimental vaccine is 94.5% effective in preventing Covid-19 based on data from a late-stage trial, it said, becoming the second US drugmaker to report results that far exceed expectations
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BPCL disinvestment gets going with multiple EOIs, Reliance stays away
Aramco also not in fray; actual number bids not revealed but sources say three of four have been received
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Telecom shares in focus; Vodafone Idea up 12%, Bharti Airtel gains 3%
As per media reports, Vodafone Idea is considering increasing tariffs 15-20% by the end of the year or early next year
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Tata Steel rallies 5%, hits 52-week high on strong September quarter result
The company's Ebitda from India operations surged 4.1 times quarter-on-quarter (QoQ) and 49 per cent year-on-year (YoY) to Rs 6,025 crore.
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Stocks to watch: BPCL, RIL, Wipro, Spandana Sphoorty, GIC Re, HDFC AMC
Here's a list of stocks that may trade actively in today's session.
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Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking
Last week, we had witnessed a 'Bullish Flag' breakout around 12,050 and since then markets never looked back.
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India's all-time high share market sparks talk of further upside for stocks
Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Asset Management are among a number of prominent names talking up prospects for the country's shares in recent days
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India's all-time high share market sparks talk of further upside for stocks
Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Asset Management are among a number of prominent names talking up prospects for the country's shares in recent days
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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on
VRL Logistics has maintained a strong base near Rs 145 level.
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MARKET LIVE: Indices may start firm on Covid-19 vaccine news; RIL in focus
SGX Nifty was ruling at 12,887 levels, up 107 points from Nifty50's closing level of 12,780 seen on Saturday. Catch all the live updates of the stock markets here.
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MARKET LIVE: Indices may start firm on Covid-19 vaccine news; RIL in focus
SGX Nifty was ruling at 12,887 levels, up 107 points from Nifty50's closing level of 12,780 seen on Saturday. Catch all the live updates of the stock markets here.
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Last week, Donald Trump asked advisors about options for attacking Iran
The president was dissuaded from moving ahead with a strike by advisers who warned that it could escalate into a broader conflict in his last weeks in office
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BPCL disinvestment gets going with multiple EOIs, Reliance stays away
Aramco also not in fray; actual number bids not revealed but sources say three of four have been received
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BPCL disinvestment gets going with multiple EOIs, Reliance stays away
Aramco also not in fray; actual number bids not revealed but sources say three of four have been received
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Coronavirus LIVE: India cases at 8,873,994; global tally past 55 million
Coronavirus update: Maharashtra has 17,49,777 coronavirus cases, Karnataka 8,62,804, Andhra Pradesh 854,764, Tamil Nadu 7,59,916 and Kerala 525,580. Stay tuned for coronavirus India LIVE updates
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Changes to the brain's reward system may drive overeating in mice
A combination of innate differences and diet-induced changes to the reward system may predispose some mice to overeat, according to research recently published in JNeurosci.
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A change of heart: New drug for HCM reduces heart mass
For the first time, a medication has impacted heart muscle thickness and function for patients with the most common inherited heart condition, hypertrophic cardiomyopathy, rather than simply addressing their symptoms.
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China's appetite for luxury cars is now a boon for eastern European nations
Slovakia and the Czech Republic, which make the most cars in the world per capita, have closed shops to tame second wave of Covid-19. Their factories, however, continue to churn out luxury vehicles
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Explained: Why Piramal group is objecting to the Adani's bid for DHFL
Listen to the podcast to know about the latest row over DHFL bid
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PNC to buy Spanish lender BBVA's US banking arm for $11.6 billion in cash
PNC Financial Services Group said it would buy the US business of Spanish lender BBVA for $11.6 billion in cash, further consolidating the US banking sector
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Walmart sells majority stake in Seiyu for over $1-bn, nearly exiting Japan
TOKYO (Reuters) - Walmart Inc is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, after years of struggling to make money amid stiff competition.
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Apollo Tyres renews association with Chennaiyin FC as Principal Sponsor
Apollo Tyres came onboard as CFC's Principal Sponsor ahead of the 2017-18 ISL campaign
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Vodafone confirms guidance after resilient first-half amid Covid-19
Vodafone Group said it was increasingly confident about its full-year performance after a "resilient" first-half, despite underlying momentum being obscured by the impact of Covid-19
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Tourism will zoom in summer, aided by news of vaccine, says Expedia CEO
"People will think, 'Well, by the summer Europe might be open, or I might have the vaccine, so let's book it,'" Expedia CEO said
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Tourism will zoom in summer, aided by news of vaccine, says Expedia CEO
"People will think, 'Well, by the summer Europe might be open, or I might have the vaccine, so let's book it,'" Expedia CEO said
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Sunday, November 15, 2020
State-owned NBCC business bags orders worth Rs 1,165 crore in October
State-owned construction firm NBCC (India) said it has bagged business orders worth Rs 1,165.52 crore last month
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Maruti Suzuki India sells more than 200,000 cars through online channel
The country's largest carmaker Maruti Suzuki India on Monday said it has sold over two lakh cars through the online channel. The company, which initiated its online sales platform around two years back, said the digital channel now covers nearly 1,000 dealerships across the country. "Since the introduction of this new digital channel in 2018, we have witnessed three times increase in digital enquiries and recorded sales of over 2 lakh units since April 2019. This digital channel has helped to generate over 21 lakh customer enquiries," Maruti Suzuki India Executive Director (Marketing & Sales) Shashank Srivastava said in a statement. Citing 'Google Auto Gear Shift India 2020 Report', he said nearly 95 per cent of new car sales in India are digitally influenced as per the customers first research online and then buy at the physical dealerships. While online experience provides the complete spectrum of information to the customers, at the last mile the customers seek assurance of the
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As demand outpaces supply, Oct tractor sales up 9 per cent over last year
Good monsoon followed by good crop have given a fillip to demand for tractors
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NCML to invest Rs 506 cr in grain silos in India, IFC to back the project
NCML will develop these grain silos at seven locations in Punjab, Haryana and Uttar Pradesh under a 32-year concession agreement awarded by FCI
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Covid-19: Vaccine production is not a problem for India, cold chain is
As India prepares a road map for a Covid-19 vaccination drive next year, the lack of cold chain infrastructure is a key bottleneck
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Latest news LIVE: Nitish to take oath for 4th term, Bihar may get 2 Dy CMs
All eyes are on Reliance, which has so far remained tight-lipped about its intentions for BPCL. Stay tuned for Latest LIVE news today
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