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Thursday, December 31, 2020

Servers hacked in Dec; hackers may upload docs on public platforms: IndiGo

IndiGo airlines said that some of its servers were hacked earlier in the month of December and hackers might upload some internal documents on public platforms

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NCC bags 15 new orders worth Rs 8,980 crore from govt agencies in December

Infrastructure firm NCC on Friday said it has received 15 new orders worth Rs 8,980 crore in December from government agencies

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Escorts tractor sales jump 88 per cent to 7,733 units in December

Farm equipment manufacturer Escorts Agri Machinery on Friday reported an 88 per cent jump in tractor sales at 7,733 units in December 2020

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Reliance Infra completes Delhi-Agra toll road sale to Cube for Rs 3,600 cr

Reliance Infra on Friday announced completion of sale of its Delhi-Agra (DA) toll road to Cube Highways and Infrastructure for Rs 3,600 crore

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Antony Waste Handling Cell lists at 36% premium over issue price

The issue received bids for 10,02,71,821 shares against its offer size of 66,66,342 shares

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Trump extends freeze on H-1B visas until Mar 31; IT professionals miffed

Donald Trump has extended the freeze on the most sought-after H-1B visas along with other types of foreign work visas by three months to protect American workers

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Bitcoin price tops $29,000 for first time ever, extending 2020 rally

The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike

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CEOs expect Budget 2021 to kick-start next wave of investment cycle

Companies plan to hire more, expect staff to return to offices in new year

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IndiGo says servers hacked in Dec; docs may get uploaded publicly

IndiGo airlines said that some of its servers were hacked earlier in the month of December and hackers might upload some internal documents on public platforms

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Stocks to watch: Antony Waste, M&M, JSPL, Infibeam Avenues, IDBI Bank

The shares of auto companies will remain in focus today after a host of companies are scheduled to release auto sales figures for December 2020

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WHO clears Pfizer-BioNTech coronavirus vaccine for emergency use

The World Health Organization says it has cleared the Pfizer-BioNTech coronavirus vaccine for emergency use

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MARKET LIVE: Indices may start 2021 at new record highs; auto stks in focus

LIVE stock market updates: Amid thin trade, owing to holiday in Asian markets on account of New Year, SGX Nifty was trading 20 points higher at 14,035 in early deals

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MARKET LIVE: Indices may start 2021 at new record highs; auto stks in focus

LIVE stock market updates: Amid thin trade, owing to holiday in Asian markets on account of New Year, SGX Nifty was trading 20 points higher at 14,035 in early deals

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Three stocks that Nilesh Jain of Anand Rathi Shares is bullish on

The stock of Hindustan Petroleum Corporation (HPCL) has formed a strong base at around 205 levels and is making a higher top and higher bottom formation on the daily chart

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Ford Motor pulls the plug on plans to cede India business to Mahindra

Ford took a $799 million impairment charge in 2019 in anticipation of the asset transfer to Mahindra to account for what it called fair value less cost to sell

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Stock suggestions by Gaurav Garg of CapitalVia: Buy Maruti Suzuki, Voltas

The stock of Maruti Suzuki India might show further strength if it moves above 7,620

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Mandatory implementation of FASTag from today; hybrid lane open till Feb 15

Ministry of Road Transport and Highways mandated fitment of FASTag with effect from Friday, in M and N categories of motor vehicles sold before December 1, 2017

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Latest News Live: India rings in 2021 with muted celebration, night curfews

No celebratory events, congregations and gatherings at public places were permitted and section 144 have been imposed in Bengaluru, Mumbai and Pune

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Farmers protest Live: Deadlock continues as farm unions call to repeal laws

Farmers' protest LIVE updates: Thousands of farmers, mainly from Punjab and Haryana, are protesting at various borders of the national capital for more than a month against the laws

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Coronavirus LIVE: With 19,046 new infections, India's toll crosses 10.2 mn

The World Health Organization cleared the Pfizer-BioNTech coronavirus vaccine for emergency use

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Bitcoin hits another high at $29,000, value quadruples in 2020

It has advanced almost 50 per cent in December, on track for its biggest monthly gain since May 2019.

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Ford Motor pulls the plug on plans to cede India business to Mahindra

Ford took a $799 million impairment charge in 2019 in anticipation of the asset transfer to Mahindra to account for what it called fair value less cost to sell

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Best of BS Opinion: Street signs for 2021, infra projects, and more

Here are the top Opinion pieces of the day

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Wednesday, December 30, 2020

Kerala Assembly passes resolution against farm laws, wants them scrapped

The Kerala Assembly unanimously passed a resolution demanding the scrapping of the three contentious central farm laws

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Putin battles to sell Russian Covid-19 vaccine amid new rift with the west

President Vladimir Putin has pushed the inoculation in calls with other world leaders since touting Russia's approval of Sputnik V in August as the globe's first Covid-19 vaccine

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ITAT omits inadvertent observations made against Cyrus Mistry in its order

The tribunal's corrigendum comes after it made strong remarks against Mistry while restoring the tax exemption of the three major Tata Trusts

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ITAT omits inadvertent observations made against Cyrus Mistry in its order

The tribunal's corrigendum comes after it made strong remarks against Mistry while restoring the tax exemption of the three major Tata Trusts

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Tejas Networks bags $13 mn order for installation of broadband products

Tejas Networks said it has bagged an order worth $13 million from a telecommunications service provider in South East Asia for supply and installation of its broadband products

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Tejas Networks hits 5% upper circuit on $13 million order win

The company has received a purchase order of $13 million from a leading telecommunications service provider in South East Asia

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Asian shares set to end 2020 at record high, riskier currencies in favour

Asian shares edged up and were set to end a tumultuous 2020 at record highs, while growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies

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Covid-19 LIVE: India cases at 10,267,283; New Year celebrations restricted

Coronavirus live updates: At 1,928,603, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 918,544, Andhra Pradesh 881,948, Tamil Nadu 817,077, and Kerala 755,718

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LIVE: Kerala CM Pinarayi Vijayan moves resolution against new farm laws

Farmers' protest LIVE updates: Centre proposes a panel on farm reform acts and MSP guarantee. Stay tuned for latest updates

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2021 will be one of the most product intense years: Mercedes-Benz India

The luxury car maker says its third quarter sales are back at pre-Covid levels

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APL Apollo Tubes hits new high; stock zooms 128% in calendar year 2020

The stock hit a new high of Rs 853 on Thursday, and was trading higher for the seven straight day

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Adani Green gains 4% on commissioning 100-MW solar power plant in Gujarat

The commissioning of project was ahead of its scheduled Commercial Operation Date (COD) according to its 25-year-long Power Purchase Agreement (PPA) with the Gujarat Urja Vikas Nigam India

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Big stimulus works, but fiscal policy burdened by politics is a problem

For all the pre-pandemic talk about central banks being out of ammunition, ​​​​​​they were able participants in the nascent recovery

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China is making it harder to solve the mystery of how Covid-19 began

China has effectively snuffed out Covid-19, thanks to stringent border curbs, mass testing and a surveillance network that allows infected people and their contacts to be tracked via mobile phone

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Move over Mukesh Ambani, China's Zhong Shanshan is now the richest Asian

Zhong's net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet

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Stocks to watch: Tata Steel, Adani Green, Vedanta, Infosys, United Spirits

Shareholders of Union Bank of India approved the bank's proposal for raising up to Rs 6,800 crore equity capital to fund business growth

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MARKET LIVE: Indices set to start last trading session of 2020 in the green

LIVE market updates: At 7:30 AM, the SGX Nifty was up five points at 13,986, indicating a flat-to-positive open

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MARKET LIVE: Indices set to start last trading session of 2020 in the green

LIVE market updates: At 7:30 AM, the SGX Nifty was up five points at 13,986, indicating a flat-to-positive open

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Trading calls by Ajit Mishra of Religare Broking: Buy Cipla, Eicher Motors

Eicher Motors' stock has been witnessing profit taking for the last one month, and is likely to see a gradual recovery from hereon

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Trading strategies for Natural Gas and Aluminum by Tradebulls Securities

After taking support at 200 DMA, natural gas made bullish candle indicating bulls trying to stage comeback

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LIVE: Several cities impose night curfew, Section 144 on New Year's eve

To curb the spread of the virus, several states and cities have announced fresh rules, including a ban on large gatherings on New Year's eve. Stay tuned for Latest LIVE news

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TRP scam: Ex-BARC CEO Partho Dasgupta sent in 14-day judicial custody

A court here on Wednesday remanded Partho Dasgupta, a former CEO of rating agency BARC who has been arrested in the Television Rating Points (TRP) scam, in 14 days' judicial custody.

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Vedanta says no pledge on shares; terms bar promoters from share sale

Vedanta Ltd's promoters cannot sell or create any security on shares they hold in the group as part of the terms attached to the recent $1.4 billion fund raising

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Tuesday, December 29, 2020

Banking on Budget: Stage set for transition from revive to thrive

Given the global Covid situation, there is some room for the finance minister to increase the fiscal deficit for a year without spooking the financial markets and rating agencies

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Banking on Budget: Stage set for transition from revive to thrive

Given the global Covid situation, there is some room for the finance minister to increase the fiscal deficit for a year without spooking the financial markets and rating agencies

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Kalpataru Power Transmission secures new orders worth Rs 900 crore

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth Rs 900 crore in the domestic and overseas markets. The company said it has won orders in the T&D (transmission and distribution) business from the overseasmarket. In a regulatory filing, Kalpataru Power Transmission Ltd said it has secured new orders/notification of award of about Rs 900 crore. KPTL said it has also bagged engineering, procurement and construction orders for pipeline laying and associated works in India. KPTL Managing Director and CEO Manish Mohnot said: "Our current year order inflow is in excess of Rs 5,400 crore and we are favourably placed in projects of over Rs 2,000 crore. We continue to be on track to achieve our targeted numbers for the current financial year". Shares of Kalpataru Power Transmission Ltd were trading 2.63 per cent higher at Rs 316.05 apiece on BSE in morning session.

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Dilip Chhabria's car design firm suspected to have cheated many finance cos

Car designer Dilip Chhabria's firm is suspected to have cheated several finance companies by obtaining loans fraudulently, Mumbai police said on Tuesday

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RIL completes acquisition of IMG Worldwide's stake in sports management JV

Reliance Industries Ltd has completed acquisition of IMG Worldwide LLC's stake in their sports management joint venture IMG Reliance Ltd (IMG-R)

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DATA STORY: 96% of all confirmed Covid-19 cases in India have recovered now

India on Tuesday conducted 1,120,281 coronavirus tests, taking the total count of tests conducted so far in the country to 170,922,030. The test positivity rate recorded was 1.8%

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Coromandel slips 6% after block deals; EID Parry hits 52-week high

Around 6.51 million equity shares, representing 2.2 per cent of total equity of Coromandel International, changed hands via block deal on the BSE at open

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Stocks to watch: JSPL, Jindal Stainless, HDFC Bank, IIFL Securities

JSPL said it has received the 'regular rail supplier' status from the Indian Railways

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Covid-19, US polls, Atmanirbhar Bharat: Events that moved markets in 2020

As we stand ready to draw curtains on 2020 and welcome 2021, here are some events that shaped markets this year

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Nifty outlook & trading ideas by Vinay Rajani of HDFC Securities

Upside target for Nifty is seen at 14,300 odd levels, which happens to be the 138.2 per cent Fibonacci retracement of the downswing seen from 12,430 to 7,511

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MARKET LIVE: SGX Nifty indicates a positive start; Nifty eyes 14k

LIVE markets: The Dow Jones fell 0.22 per cent, the S&P 500 lost 0.22 per cent, and the Nasdaq dropped 0.38 per cent in overnight trade

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Low income, high fee: Why fewer children may join private schools in 2021

More than 80% of parents with children studying in government schools reported that education was "not delivered" during the lockdown

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MARKET LIVE: SGX Nifty indicates a positive start; Nifty eyes 14k

LIVE markets: The Dow Jones fell 0.22 per cent, the S&P 500 lost 0.22 per cent, and the Nasdaq dropped 0.38 per cent in overnight trade

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Traders see liquidity tightening in India to drive bond playbook in 2021

There's growing consensus among traders that the RBI will have to start draining excess cash from the banking system, as abundant liquidity crashed short-term rates and threatened to stoke inflation

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India plans spending boost as govt tries to revive Covid-19 hit economy

Curbs imposed by the finance ministry on more than 80 government departments and ministries earlier in the year to preserve cash were relaxed this quarter

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Delhi wants clean energy but idle fossil fuel power capacity is a headache

The effort underscores how India's electricity sector continues to struggle with debt and overcapacity after a massive build-out of plants to power a surge in economic activity

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LIVE Karnataka Gram Panchayat election result 2020: Counting underway

A total of 222,814 candidates were in the fray in Karnataka Gram Panchayat election. Stay tuned for Latest LIVE news updates.

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Coronavirus LIVE: India cases at 10,245,326; global tally past 82.2 million

Coronavirus live updates: At 1,925,066, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 917,571, Andhra Pradesh 881,599, Tamil Nadu 816,132, and Kerala 743,563

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Wall Street slips from record levels, additional stimulus uncertain

The Dow Jones Industrial Average fell 101.76 points, or 0.33%, to 30,302.21, the S&P 500 lost 9.84 points, or 0.26%, to 3,725.52 and the Nasdaq Composite dropped 57.54 points, or 0.45%, to 12,841.89

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Investment banking from home thrived in Covid, but some fear losing edge

Some investment bankers fear losing their competitive edge as they pitch digitally for business, amid concerns that younger bankers are falling behind

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LIVE: Centre-farmer talks today; unions firm on demand for repeal of laws

Farmers' protest LIVE updates: The Centre and protesting farmer unions will resume stalled talks today. Stay tuned for latest updates

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AstraZeneca's Covid-19 vaccine not ready for quick EU nod: Regulator

Pakistan, Japan find cases with new coronavirus variants on their own soil

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The stampede from Silicon Valley

Regulatory burden is pushing big firms out of California

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Monday, December 28, 2020

US stimulus fix propels Asian shares, Nikkei zooms to 30-year high

Japan's Nikkei leapt 1.63% to its highest since August 1990, while shares in China rose 0.1%

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Shriram Transport Finance plans to raise funds via debt securities

Shriram Transport Finance Company on Tuesday said its board will meet next month to consider raising funds through the issuance of debt securities

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DATA STORY: India adds 16,432 Covid cases, lowest single-day spike since June 24

India on Monday conducted 983,695 coronavirus tests, taking the total count of tests conducted so far in the country to 169,801,749. The test positivity rate recorded was 1.7%

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Borosil Renewables hits new high; stock zooms 113% in 11 days

The company's shares were locked in 10 per cent upper circuit limit on the BSE

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Hammer KO review: Pair of basic wireless earbuds with hooks for secure fit

Priced at Rs 2,799, the earbuds seem to be a decent audio accessory for people on the go and health and fitness enthusiasts who choose secure fit over audio performance, call quality and snug fit

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Fineotex Chemical surges 29% in 2 days after Nippon India MF buys 6% stake

On December 28, 2020, Nippon India MF acquired 6.61 million equity shares of Fineotex Chemical for about Rs 30 crore through block deal on the BSE

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Delhi airport 'completely ready' to handle vaccine distribution challenge

New Delhi's airport -- Indira Gandhi International -- will be a main handling point and has facilities to store 2.7 million vials of vaccine at 2-to-8 degrees Celsius

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Six cases of new coronavirus strain detected among UK returnees in India

33,000 passengers who arrived from the UK to India between November 25 to December 23 are being tracked and tested

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Stocks to watch: Wipro, 3i Infotech, Biocon, SBI Life, AU Small Finance

3i Infotech Ltd has entered into definitive agreements to sell its software products business to the funds advised by Apax Partners for Rs 1,000 crore

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Trading ideas by Nilesh Jain of Anand Rathi: Buy L&T, IDFC First Bank

L&T stock has witnessed a build-up of long positions with the addition of 6 per cent open interest

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MARKET LIVE: SGX Nifty signals a positive start; Wipro buyback opens today

LIVE market updates: The repurchase price of Wipro has been fixed at Rs 400 per equity share

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MARKET LIVE: SGX Nifty signals a positive start; Wipro buyback opens today

LIVE market updates: The repurchase price of Wipro has been fixed at Rs 400 per equity share

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Diplomatic headache as China struggles to get nations to trust its vaccines

China's vaccines were meant to score a clear diplomatic win for Beijing, shoring up ties with dozens of poorer nations amid an anticipated shortage of Western-developed shots

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Asian shares jump on US stimulus, Japan's Nikkei hits 29-year high

Asian shares jumped, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites

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Mukesh Ambani sold dreams to tech giants for $27 bn. Now he has to deliver

Investors are watching Ambani's every move as he overhauls his empire -- with a market value of $179 billion -- in the middle of a pandemic

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Bitcoin on longest monthly winning run since 2019 after topping $28,000

The currency's rise points to a growing acceptance of crypto as an asset class of its own, according to experts

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Brexit to benefit Indian firms only in the long run, say analysts

Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names

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Mukesh Ambani sold dreams to tech giants for $27 bn. Now he has to deliver

Investors are watching Ambani's every move as he overhauls his empire -- with a market value of $179 billion -- in the middle of a pandemic

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Coronavirus LIVE: India records over 16,000 new cases, tally at 10,224,797

Coronavirus live updates: At 1,922,048, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 916,909, Andhra Pradesh 881,273, Tamil Nadu 815,000, and Kerala 743,563

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LIVE: Centre invites farmer unions for talks on Dec 30; leaders to attend

Farmers' protest LIVE updates: Punjab Chief Minister Amarinder Singh has directed police to take strict action against those involved in vandalisation of mobile towers. Stay tuned for latest updates

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LIVE: ED summons Sanjay Raut's wife for questioning in PMC Bank fraud case

The ED has summoned Varsha Raut, wife of Shiv Sena MP Sanjay Raut, for questioning in the PMC Bank money laundering case today. Stay tuned for latest live news updates.

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Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea

Tune in to this podcast to learn which big schemes could get more funding and which the axe, and if setting up multiple bad banks would be a good idea, among other things

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IND vs AUS LIVE, 2nd Test: Can India bowl out Australia early on Day 4?

Australia will resume its second innings from 133-6 at MCG today with Cummins and Green as overnight batsmen. Check India vs Australia 2nd Test live score and match updates here

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Sunday, December 27, 2020

Dish TV slips 10% on demand notice of Rs 4,164 crore from govt

The company said the DTH License fee matter has already been through several rounds of litigation, the final outcomes of which are yet to be argued and concluded

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Hindustan Foods advances 41% in 4 days on Rs 125 crore capex plan

The management said the demand for contract manufacturing in FMCG industry is growing rapidly.

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Replacement market helps tyre cos end 2020 with better capacity utilisation

While sales to original equipment manufacturers declined 16.3% year on year in FY20, the replacement market sales declined by a modest 2.6% over the same period

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Replacement market helps tyre cos end 2020 with better capacity utilisation

While sales to original equipment manufacturers declined 16.3% year on year in FY20, the replacement market sales declined by a modest 2.6% over the same period

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Paisalo Digital soars 20% after SBI Life buys 9% stake via open market

Incorporated in 1992, Paisalo Digital is registered with the Reserve Bank of India (RBI) as a non-deposit taking non-banking finance company (NBFC)

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Firstsource Solutions jumps 16% to hit new high; stock zooms 48% in 4 days

On December 23, Firstsource Solutions announced that the firm has acquired PatientMatters, a healthcare Revenue Cycle Management (RCM) solutions provider

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Adani Group's container terminal subsidiary raises $300 mn via dollar bonds

The issue witnessed participation from marquee investors with interests coming in from around 220 accounts and was oversubscribed by almost ten times

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DATA STORY: India's active Covid cases down 73% from peak, now at 1.26% of global count

India on Sunday conducted 715,397 coronavirus tests, taking the total count of tests conducted so far in the country to 168,818,054. The test positivity rate recorded was 2.8%

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Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea

What does FM Sitharaman's 'never-before Budget' assertion mean? Are there more relief measures in store or should we prepare for some shock in Budget 2021? A K Bhattacharya explains what we can expect

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India gold discounts widen, Singapore demand up on festival buying

Physical gold discounts rose in India this week as buyers remained on the sidelines, while demand in Singapore and other Asian hubs ticked up as buyers took advantage of lower prices ahead of holidays

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Tata Motors gains 4% after UK, EU agree historic Brexit trade deal

The European Union so far has been a 'single market,' for the Tata Motors-owned Jaguar Land Rover (JLR) but this is set to change after the UK's exit from the European Union

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Asus ZenBook Flip S (UX371) laptop review: Solid alternative to Dell XPS 13

Priced at Rs 1,49,990, the ZenBook Flip S (UX371) seems to be a solid laptop for work, play and entertainment. How does it justify its price tag? Let's find out

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Global shares edge up on news Donald Trump signs pandemic aid bill

Global shares ticked up on Monday as a source said US President Donald Trump signed into law a $2.3 trillion pandemic aid and spending package he had until now refused to sign

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Stocks to watch: Cadila Health, NIIT, BEML, Dish TV, RIL, DLF, Coal India

The board of NIIT has approved buyback of 98.75 lakh equity shares of face value of Rs 2 each.

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Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

If Nifty again slide below 13,626, we may see some corrective move in the concluding week of the current calendar year

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Trading calls by Nilesh Jain of Anand Rathi: Buy ICICI Bank, HDFC Life

HDFC Life stock has provided a breakout from a falling channel on the daily chart and the conservative target for the same is coming around Rs 680 levels

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Donald Trump signs $900 billion Covid-19 relief, government-funding measure

President Donald Trump has signed a $900 billion pandemic relief package that will deliver long-sought cash to businesses and individuals

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Once a billionaire factory, South Korea's beauty industry turns ugly

Pandemic has taken a double hit on K-beauty. Social distancing and remote work have lessened demand for makeup and led to store closures

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Failing to protect lives: India, US, UK should learn humility from 2020

The pandemic found three of the world's most prominent democracies shockingly underprepared, governed by leaders as incompetent as they were deluded

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MARKET LIVE: SGX Nifty indicates a gap-up start for benchmark indices

LIVE Markets: US President Donald Trump has signed into law a $2.3 trillion pandemic aid and spending package, days after suggesting he would block it

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LIVE: Protesters clang plates in Punjab, Delhi during PM's 'Mann ki baat'

Farmers' protest LIVE updates: Security remains tight at the Delhi borders with hundreds of personnel deployed at Singhu, Ghazipur and Tikri. Stay tuned for latest updates

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Latest news LIVE: PM Modi to inaugurate India's first-ever driverless train

PM Modi will inaugurate India's first-ever driverless train operations on the Delhi Metro's Magenta Line. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India cases at 10,208,725; global tally past 81 million

Coronavirus live updates: At 1,919,550, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 915,345, Andhra Pradesh 881,000, Tamil Nadu 814,000, and Kerala 735,611

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AIADMK asks BJP to fall in line or rework its 2021 poll options

The BJP has to endorse Chief Minister K Palaniswami's candidature for the CM's post for the polls and agree to its other terms, AIADMK indicated

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FinMin backs new GST rule, says it's not for MSMEs, certain I-T payers

Asserts that the move to ask companies above a threshold to pay one per cent of GST liability in cash targets fake invoicing

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Govt extends validity of vehicle documents like DL, RC, permits till Mar 31

The move is in view of the ongoing Covid-19 pandemic

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Hyderabad set to emerge as global hub for Covid-19 vaccine in 2021

The vaccine development process by Bharat Biotech, Biological E Ltd and Aurobindo Pharma are currently in various stages, while Dr Reddy's and Hetero have tie ups for manufacturing the vaccine

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Gujarat: Over 750 volunteers get Covaxin first dose in phase-3 trial

None of them have experienced any side effects so far, a senior doctor said on Sunday

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China orders Ant to return to its roots in payments services

The series of edicts represent a serious threat to the expansion of Ma's online finance empire

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Employees seek extension of benefits in case of Air India privatisation

Air India Employees Union has asked for a meeting with Civil Aviation Minister Hardeep Puri

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Employees seek extension of benefits in case of Air India privatisation

Air India Employees Union has asked for a meeting with Civil Aviation Minister Hardeep Puri

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MSMEs, small dealers not to be affected by 1% cash GST payment rule

Small businesses and dealers will not be impacted by the new government rule of paying at least 1 per cent of GST liability in cash

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Prices of TV and appliances likely to go up by around 10% from January

Prices of TV panels (Opencell) have also gone up by over two-folds due to short supply by the global vendors, while cost of plastic has also gone up due to rise in crude oil prices, said manufacturers

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Saturday, December 26, 2020

Nothing alarming in Rajinikanth's medical reports, to be discharged soon

There is nothing alarming in the test reports of superstar Rajinikanth, Apollo Hospital said on Sunday.He is in the Telangana capital since December 13 to shoot for Tamil film, ''Annaatthe"

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Indians must replace imported products, become 'vocal for local': PM Modi

'Global best must be manufactured in India,' he says in this year's last edition of 'Mann Ki Baat' radio show

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PE investment in real estate to drop 31% at $4.6 bn in 2020; $6 bn in 2021

In its ''Beyond The'20: Private Equity in India Real Estate'', Savills India expects the PE inflow to bounce back and grow by 30 per cent in the next year to USD 6 billion

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Arbitration panel cites PM, minister on retro tax to overturn Cairn demand

The tribunal, in a 582-page judgment on December 21, ordered return of the value of shares that the Income Tax Department sold

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Govt shells out Rs 22,087 cr as interest towards recap bonds for banks

Under this mechanism, the government issues recapitalisation bonds to a public sector bank which needs capital. The said bank subscribe to the paper against which the government receives the money

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Hammered by virus, investors rethink role of bonds, tech and ESG in 2021

Global asset allocators from BlackRock Inc. to JPMorgan Asset Management have outlined their takeaways for investors from the volatile year

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DATA STORY: Lowest daily spike in India's Covid-19 tally since June 30

India on Saturday conducted 943,368 coronavirus tests, taking the total count of tests conducted so far in the country to 168,102,657. The test positivity rate recorded was 2.0%

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Xbox Series S review: Affordable and capable gaming console for beginners

It is no surprise that the Xbox Series S does not match premium consoles, but by no means is this affordable model incompetent

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Xbox Series S review: Affordable and capable gaming console for beginners

It is no surprise that the Xbox Series S does not match premium consoles, but by no means is this affordable model incompetent

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Protests keep up against Israeli PM Netanyahu as new election looms

The protesters have been gathering outside Netanyahu's Jerusalem residence for months, slamming him for his handling of the coronavirus pandemic

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Coronavirus LIVE: India adds 18,574 cases on Sat; tally up at 10,188,353

Coronavirus LIVE Updates: Around 150 Army personnel who arrived in Delhi from various locations in the last few weeks to participate in the Republic Day and Army Day parades have tested positive

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Unemployment benefits for millions of Americans in limbo as Trump rages

US President's refusal to sign a bipartisan package as he demands larger coronavirus relief checks could also force a federal government shutdown.

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IND vs AUS LIVE SCORE, 2nd Test: Paine drops Gill in second over of day 2

India was 36-1 at stumps on Day 1 with Shubman Gill and Cheteshwar Pujara at the crease. India is trailing by 159 runs. Check India vs Australia 2nd Test Day 2 live score and match updates here

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Rajinikanth's health progressing well, says Apollo Hospital; TN CM enquires

The 70-year old actor is scheduled to undergo more investigations on Saturday, reports of which would be available by the evening, it said

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DDC elections have written new chapter in Jammu and Kashmir: PM Modi

Modi noted that the three-tier panchayat polls were carried out in Jammu and Kashmir in over a year after it became a union territory

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PM Modi launches Ayushman Bharat scheme for all Jammu and Kashmir residents

Union Home Minister Amit Shah and the Union Territory's Lieutenant Governor, Manoj Sinha, also spoke on the occasion

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Franklin Templeton: Former CEC appointed as observer for e-voting process

He served as 13th Chief Election Commissioner of India and his main assignment as CEC was to oversee the 2004 elections to the Lok Sabha

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45K entities to come under mandatory 1% cash payment of GST liability ambit

The new rule restricts use of input tax credit (ITC) for discharging GST liability to 99 per cent effective January 1, 2021

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MP cabinet approves Religious Freedom Bill; up to 10 yrs jail for violators

After the approval by the cabinet, the bill will now be presented in the state Assembly

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World Coronavirus Dispatch: Is Pandemic the biggest news story ever?

Pope Francis urges nations to share vaccines in his Christmas address, rising demand for Iranian traditional medicine, and other pandemic-related news around the globe

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IND vs AUS 2nd Test: Bumrah, Ashwin help India take Day 1 honours at MCG

As much as the day belonged to the Indian bowling unit for another fired-up show, new captain Rahane deserved equal credit for marshalling his resources to perfection during the 72.3 overs that Austra

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Covid impact: Coal India to diversify into non-coal mining areas in 2021

CIL is set to diversify into non-coal mining areas as well as make major investments in clean technology in 2021 after demand for the dry fuel remained muted for most of this year

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Covid impact: Coal India to diversify into non-coal mining areas in 2021

CIL is set to diversify into non-coal mining areas as well as make major investments in clean technology in 2021 after demand for the dry fuel remained muted for most of this year

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India to become 5th largest economy in 2025, 3rd largest by 2030: CEBR

India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030

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Older adults should undertake exercise ahead of elective surgery

New research suggests that older adults about to undergo elective surgery should undertake a sustained program of targeted exercise beforehand to counteract the muscle-wasting effects of bed rest.

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Friday, December 25, 2020

DATA STORY: India reports fewest Covid-19 deaths in a day since June 8

India on Friday conducted 853,527 coronavirus tests, taking the total count of tests conducted so far in the country to 167,159,289. The test positivity rate recorded was 2.6%

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DLF rental arm to buy Hines stake in commercial project in Gurgaon

Realty major DLF's rental arm DCCDL has entered into an agreement to acquire the stake of US-based Hines in a premium commercial project in Gurugram for Rs 780 crore

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Brexit deal done: What's in it and where next for the Britain and EU?

The negotiators ignored the background noise and succeeded in drafting a dense legal document on which the future of UK-EU relations now hangs

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Indian auto industry expected to see stronger growth in 2021-22: Nomura

The Indian auto industry is expected to see stronger growth in 2021-22, with electric vehicle sales also likely to see positive movements

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One vaccine side effect: The risk of leaving behind developing economies

As Covid inoculations begin, the economic downturn stands to be reversed, but developing countries are at risk of being left behind

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Boston doctor reports allergic reaction after getting Moderna's vaccine

The patient, who has a severe shellfish allergy, recovered quickly with treatment. Until now, reports of severe reactions had been linked to the Pfizer vaccine

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China to leapfrog US as world's biggest economy by 2028: Think tank

China will overtake the United States to become the world's biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from pandemic

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Latest LIVE: Amit Shah to launch BJP's re-election campaign in Assam

Prime Minister Narendra Modi will launch the PMJAY - SEHAT, a health insurance scheme, for Jammu and Kashmir

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Farmers' protest LIVE: Unions to take a call on govt offer of talks

Farmers Protest LIVE updates: Rajnath Singh urged the farmer groups to to let the three Central farm laws be tested for a year or two

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Coronavirus LIVE: New virus strain found in 8 European nations so far

Coronavirus LIVE Updates: The union government is planning a dry run for administering the Covid-19 vaccine in Andhra Pradesh, Assam, Gujarat and Punjab next week as a prep before the actual inoculati

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IND vs AUS LIVE SCORE 2nd Test Day 1: Australia wins toss and elects to bat

Australia has made no changes in its playing 11 from the first Test while India has made four changes as Gill, Siraf make debut. Check Australia vs India LIVE SCORE and match updates here

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Railways to enhance IRCTC's e-ticketing website: Piyush Goyal

Union Minister Piyush Goyal said that the IRCTC e-ticketing website will have all the features for ease of booking by the passengers

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Reliance to buy out IMG Worldwide from sports management joint venture

Reliance Industries Ltd has agreed to buy out IMG Worldwide LLC from their sports management joint venture for Rs 52.08 crore

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Govt plans dry run for Covid vaccine administration in 4 states next week

The central government said it has planned a dry run for administration of the Covid-19 vaccine in Andhra Pradesh, Assam, Gujarat and Punjab next week

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NDTV promoters to appeal against Sebi order imposing fine of Rs 27 crore

The regulator in its order said the loan agreements had clauses that have an adversarial effect on NDTV shareholders

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Reliance to buy out IMG Worldwide from sports management joint venture

Reliance Industries Ltd has agreed to buy out IMG Worldwide LLC from their sports management joint venture for Rs 52.08 crore

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Let farm laws be tested for a year or two, MSP to stay: Rajnath Singh

Singh reiterated that Prime Minister Narendra Modi has said and he will also give his word that MSP won't end

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World Coronavirus Dispatch: The uncanny relation between Covid and sleep

Singapore Airlines unveils digital health passport, the future of working in office, Mexico begins vaccination drive and other pandemic-related news across the globe

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Modi alleges Mamata govt is blocking central benefits to Bengal farmers

Prime Minister Narendra Modi on Friday lashed out at Mamata Banerjee-led government in West Bengal

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USFDA informs Biocon, Mylan of deferred action on biosimilar license plea

Biocon said its arm, Biocon Biologics, and Mylan have been informed by the USFDA of a deferred action on the biologics license application for a biosimilar to drug Avastin

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PM Modi releases Rs 18,000 cr for farmers, says MSP, mandis will stay

The amount will be delivered to over 90 million farmers via direct benefit transfer

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Thursday, December 24, 2020

DATA STORY: India's active Covid cases down 72.3% from peak at 281,919

India on Thursday conducted 997,396 coronavirus tests, taking the total count of tests conducted so far in the country to 166,305,762. The test positivity rate recorded was 2.3%

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7 yrs of Good Governance Day: Christmas under Modi will never be uneventful

Christmas 2020 takes place against the most miserable time in living memory, when Good Governance has been at a premium pretty much all round the world

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SpaceX to begin flight testing Super Heavy booster in few months: Elon Musk

Elon Musk-run SpaceX will start flight testing its Super Heavy booster (starting with low-altitude "hops") in a few months from now

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Hero Electric targets 10-15% growth in 20-21, scouts for PE investors

The company is looking to increase its capacity by over 200%

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NDTV to appeal against Sebi order imposing Rs 27 cr fine on promoters

The promoters' lawyers will appeal against the order and its baseless findings at the Securities Appellate Tribunal, NDTV said in a statement

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Bitcoin crushes doubters as 224% rally proves it's here to stay

The cryptocurrency rallied 224 per cent this year, bringing to mind the wild advances of 2017 as it soared to record highs

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NDTV to appeal against Sebi order imposing Rs 27 cr fine on promoters

The promoters' lawyers will appeal against the order and its baseless findings at the Securities Appellate Tribunal, NDTV said in a statement

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Top headlines: Coronaviurs vaccine, IDBI Bank stake sale, and more

Here are the top business headlines on Friday

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What happened with Brexit? The inside story of how the deal was done

For about 200 officials agonizing over the minutiae, it was time to finally emerge from the darkness

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Latest News LIVE: People celebrate virus marred Christmas globally

Pope Francis said that If the pandemic has forced us to be more distant, Jesus, in the crib, shows us the way of tenderness to be close to each other, to be human. Stay tuned for more live news.

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Coronavirus LIVE: With 23K new infections, India's caseload crosses 10.1 mn

Coronavirus LIVE UPDATES: The global tally of coronavirus cases stands at 79,694,694

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Farmer Protest LIVE: Deadlock continues as agitation completes one month

As the agitation entered Day 30, the unions said that the minimum support price (MSP) cannot be separated from the demand of repealing the contentious agriculture laws

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L&T Construction 3D prints India's first building with reinforcement

This achievement will certainly give a huge fillip to the mass housing segment, said the company

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Wednesday, December 23, 2020

Vodafone retro tax: India challenges arbitration ruling in Singapore

India has faced a string of arbitrations by investors including Deutsche Telekom, Nissan Motor Co, Vodafone and Cairn Energy over issues ranging from retrospective taxation to payment racal disputes

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Indian govt challenges Vodafone arbitration ruling in Singapore: Report

India has challenged in Singapore an international arbitration court's verdict against it over a $2 billion tax claim involving Vodafone Group Plc

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Ambuja, ACC rally up to 10% on renewal of tech fees agreement with Holcim

In the past three weeks, Ambuja Cements and ACC had underperformed the market by falling 10 per cent and 9 per cent respectively, against 4 per cent decline in the benchmark index, till Wednesday

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With learnings from SARS, Taiwan wrote the most successful Covid-19 story

While cities from New York to London to Melbourne went into shutdown, the entirety of Taiwan stayed open for business

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Over 1 million people vaccinated against Covid-19 within 10 days in US

Shots are rolling out from Pfizer Inc. and Moderna Inc., focused at first on hundreds of thousands of health-care workers around the country

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Top India stock fund shuns 'trash' value rally ahead of vaccine rollout

The $1.8 billion UTI Equity Fund managed by him has returned 26% this year to be the top performer among Indian stock funds with at least $1 billion in assets

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DATA STORY: India's active Covid cases down 72% from peak at 283,849

India on Wednesday conducted 1,039,645 coronavirus tests, taking the total count of tests conducted so far in the country to 165,308,366. The test positivity rate recorded was 2.4%

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Mrs Bectors Food makes stellar debut, jumps 2x against issue price

A minute into the debut, the stock surged to its maximum upper limit of 20 per cent at Rs 601.20, rising more-than-double the issue price on the BSE

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S&P affirms Indian Bank's 'BBB-' rating, removes from CreditWatch

The Chennai-based public sector lender is expected to benefit from faster-than-expected economic recovery in India

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Vedanta surges 8% after promoters buy additional stake via open market

An increase in stake could make it a bit easier for the promoters to delist the company after the mandatory one year cooling off period gets over

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China's Covid-19 vaccine over 50% effective, but Sinovac withholds data

Chinese vaccine developers have been slow compared with their western peers in releasing efficacy data on their shots

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Covid-19 exposes hurdles of credit market as borrowers shun regulations

Indian policy makers have put a priority on deepening the nation's corporate bond market given the high level of bad loans at local banks

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Stocks to watch: Mrs Bectors, Airtel, Vedanta, HDFC, Orient Bell, Dish TV

The stocks of telecom firms are likely to react to the Trai data released on Wednesday that showed Bharti Airtel pipped Reliace Jio in mobile customer addition in October

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MARKET LIVE: SGX Nifty hints at green start; Mrs Bectors Food to list today

LIVE stock market updates: Mrs Bectors Food Specialities will debut at the bourses today, with the final issue price fixed at Rs 288 per share

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MARKET LIVE: SGX Nifty hints at green start; Mrs Bectors Food to list today

LIVE stock market updates: Mrs Bectors Food Specialities will debut at the bourses today, with the final issue price fixed at Rs 288 per share

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Trading strategies for Crude oil and Zinc by Bhavik Patel of Tradebulls Sec

With fresh lockdown from the UK and more lockdown appearing in European countries, demand for crude is likely to take hit during Christmas season

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Latest news LIVE updates: BCCI AGM today; decision on new IPL teams likely

The BCCI will hold its Annual General Meeting on December 24 to discuss the induction of two new IPL franchises. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India cases at 10,123,544; global tally past 79 million

Coronavirus live updates: At 1,906,371, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 912,340, Andhra Pradesh 879,718, Tamil Nadu 810,080, and Kerala 721,341

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Brakes on Civic, CR-V car models: How Honda lost the plot in India

Honda, which is shifting its entire manufacturing facility to Tapukara in Rajasthan, however, says this will help it to rationalise cost and have a better shot at profitability

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S&P, Dow rise as weekly jobless claims dip; tech stocks drag down Nasdaq

Nine of the 11 major S&P sectors were higher, with energy stocks rising the most

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China launches probe into Jack Ma's Alibaba over monopoly allegations

Regulators said separately they've summoned affiliate Ant Group Co. to a meeting intended to promote fair competition and consumer rights

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Dish TV may have to pay over Rs 185 crore in past dues: Sources

Their total dues and debt in the firm will now go up to Rs 2,500 crore, leaving them with no option but to raise liquidity, according to sources

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Scientists develop new gene therapy for deafness

A new study presents an innovative treatment for deafness, based on the delivery of genetic material into the cells of the inner ear. The genetic material 'replaces' the genetic defect and enables the cells to continue functioning normally. They maintain that this novel therapy could lead to a breakthrough in treating children born with various mutations that eventually cause deafness.

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Tuesday, December 22, 2020

Despite Covid-19, M&A and PE deal value rose by 7% to $80 billion in 2020

Around 25 per cent of this deal value could be attributed to sizable inbound investments in Jio Platforms.

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Despite Covid-19, M&A and PE deal value rose by 7% to $80 billion in 2020

Around 25 per cent of this deal value could be attributed to sizable inbound investments in Jio Platforms.

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Borosil Renewables rallies 13% to hit new high; stock zooms 60% in 8 days

The company said the funds raised through QIP last week will help to undertake planned expansion

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In Indonesia five telcos decide to merge and that is really good news

The investment required to serve Asia's third-biggest population spread across 6,000 inhabited islands - out of a total of at least 17,000 isles and atolls - is already large

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DATA STORY: Andhra's Covid recovery rate close to 99%, Kerala's one of the worst at 91%

India on Tuesday conducted 1,098,164 coronavirus tests, taking the total count of tests conducted so far in the country to 164,268,721. The test positivity rate recorded was 2.2%

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India loses Cairn case in arbitration; asked to pay Rs 8,000 cr in damages

This is the second setback for Indian government related to retrospective taxation after it lost the arbitration case against Vodafone three months ago

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India loses Cairn case in arbitration; asked to pay Rs 8,000 cr in damages

This is the second setback for Indian government related to retrospective taxation after it lost the arbitration case against Vodafone three months ago

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IT shares extend rally; TCS, Infosys, HCL Tech, Tech Mahindra hit new highs

The large deal wins for both Infosys and Wipro reinforces positive stance on the IT Services industry, analysts at Motilal Oswal said

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Firstsource Solutions gains 5% on acquisition of PatientMatters

The management said this strategic acquisition magnifies strong patient-centric revenue management capabilities and creates adjacent areas for growth for the company

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Animal spirits unchanged: Economy stable in Nov as retail demand improves

All eight high-frequency indicators tracked by Bloomberg News were steady last month, keeping the needle on a dial measuring the so-called 'Animal Spirits' unchanged at 5

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Stocks to watch: Bajaj Auto, Infosys, Wipro, Ruchi Soya, M&M, SBI Card, PNB

Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29

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MARKET LIVE: SGX Nifty suggests flat-to-negative start; PNB, Wipro in focus

LIVE stock market updates: Investors might get some solace from a Reuters report that said India is likely to approve Oxford/AstraZeneca's coronavirus vaccine for emergency use by next week

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MARKET LIVE: SGX Nifty suggests flat-to-negative start; PNB, Wipro in focus

LIVE stock market updates: Investors might get some solace from a Reuters report that said India is likely to approve Oxford/AstraZeneca's coronavirus vaccine for emergency use by next week

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Coronavirus LIVE: India tally nears 10.1 million; global cases past 78 mn

Coronavirus live updates: At 1,902,458, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 911,382, Andhra Pradesh 879,339, Tamil Nadu 809,014, and Kerala 713,000

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Farmers' protest LIVE: Farmer to decide on fresh talks with govt today

Farmers' protest LIVE updates: Thousands of farmers have been camping at several Delhi border points in cold-wave conditions against the new farm laws. Stay tuned for latest updates

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LIVE updates: Quantum of punishment to be pronounced in Sister Abhaya case

A special CBI court in Thiruvananthapuram will today pronounce the quantum of sentence in the Sister Abhaya murder case. Stay tuned for Latest LIVE news updates.

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Pullback rally may not last; stay cautious at higher levels: HDFC Sec

The recent recovery seems more like a dead cat bounce which could last for some more time but it would be advisable to remain cautious at higher levels. Nifty has got strong resistance at 13,600

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Model predicts where ticks, Lyme disease will appear next in Midwest states

By drawing from decades of studies, scientists created a timeline marking the arrival of black-legged ticks, also known as deer ticks, in hundreds of counties across 10 Midwestern states. They used these data - along with an analysis of county-level landscape features associated with the spread of ticks - to build a model that can predict where ticks are likely to appear in future years.

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Apple's Tim Cook refused talks for acquiring Tesla at $60 bn, says Musk

Tesla CEO Musk said in a tweet that he reached out to Apple during the "darkest days" of development of his company's Model 3 to talk about a possible deal

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RBI to face new challenges in 2021 as Rupee, bonds lure overseas investors

Stocks have already attracted the biggest yearly inflows since 2012, adding to the woes for the Reserve Bank of India that has been buying up the deluge of dollars to curb the rupee's gains

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Apple targets car production by 2024, eyes 'next level' battery technology

Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, sources said

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Mouse-controlled mouse helps researchers understand intentional control

Researchers have devised a brain machine interface (BMI) that allows mice to learn to guide a cursor using only their brain activity. By monitoring this mouse-controlled mouse moving to a target location to receive a reward, the researchers were able to study how the brain represents intentional control.

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In shaky times, focus on past successes, if overly anxious, depressed

The more chaotic things get, the harder it is for people with clinical anxiety and/or depression to make sound decisions and to learn from their mistakes. On a positive note, overly anxious and depressed people's judgment can improve if they focus on what they get right, instead of what they get wrong, suggests a new study.

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Monday, December 21, 2020

Google, Microsoft back Facebook lawsuit against NSO group over surveillance

WhatsApp accused the spyware maker of using a since-closed vulnerability in the messaging service to install spyware on the phones of at least 1,400 users

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iPhone 12 mini review: Apple's compact smartphone punches above its weight

The Apple iPhone 12 mini is a no-compromise premium smartphone, which is small in size but not on performance

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Indian govt invites bids to sell its 63.75% stake in Shipping Corporation

The Indian government invited bids to sell its 63.75% stake in Shipping Corporation of India to a private investor, in a key asset sale that was delayed due to the coronavirus pandemic

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IDBI Bank falls 19% on listing of fresh shares allotted to QIBs

The Committee at its meeting held on Saturday i.e. December 19, 2020, approved the issue and allotment of 371.8 million equity shares to the 44 eligible QIBs

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Stellaris Venture Partners to launch $160 mn fund; IFC to invest $25 mn

The fund plans to invest in 20-25 companies across healthcare, education, financial services, logistics, consumer internet and enterprise technology

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Stocks to watch: Tata Motors, Thermax, Lupin, Wendt, Edelweiss, Majesco

NIIT will consider buyback of equity shares at its board meeting on December 24

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Jammu and Kashmir DDC election results 2020 LIVE: Counting underway

Jammu and Kashmir local election result: The fate of nearly 2,200 candidates for the 280 DDC seats in Jammu and Kashmir will be decided today. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India's fresh cases fall below 20,000; Biden gets vaccine

Coronavirus live updates: At 1,899,352, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 910,241, Andhra Pradesh 878,937, Tamil Nadu 807,962, and Kerala 709,000

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Farmers' protest LIVE: Farmer leaders to discuss next plan of action today

Farmers' protest LIVE updates: Thousands of farmers have been camping at several Delhi border points in the cold wave conditions against the new farm laws. Stay tuned for latest updates

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MARKET LIVE: Global cues to guide indices today; SGX ruling 142 pts higher

LIVE stock market updates: SGX Nifty is ruling 142 points higher at 13,400 levels

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MARKET LIVE: Global cues to guide indices today; SGX ruling 142 pts higher

LIVE stock market updates: SGX Nifty is ruling 142 points higher at 13,400 levels

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Top factors that will shape trajectory of Indian markets in 2021

The top three Covid-19 vaccines that are currently awaiting the government's approval in India are: Pfizer and BioNTech, Oxford-AstraZeneca and Bharat Biotech's Covaxin

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Miss the window seat? Now work from home with a view above the clouds

A 22-inch high-resolution display surrounded by a plastic frame, similar to those found in passenger aircraft, Sky Scape offers to elevate the home and office experience

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US President-elect Biden takes his first dose of Covid-19 vaccine publicly

US President-elect Joe Biden received his first dose of vaccine for the novel coronavirus publicly on Monday.

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US President Trump presents Legion of Merit to Prime Minister Narendra Modi

US President Donald Trump presented the prestigious Legion of Merit to Prime Minister Narendra Modi for his leadership in elevating strategic partnership of the two countries

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Citizens versus the internet: Confronting digital challenges with cognitive tools

Researchers recommend ways that psychological and behavioral sciences can help decrease the negative consequences of Internet use. These recommendations emphasize helping people gain greater control over their digital environments.

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Gene pathway linked to schizophrenia identified through stem cell engineering

Using human-induced pluripotent stem cells engineered from a single family's blood samples, a gene signaling pathway linked to a higher risk for developing schizophrenia was discovered.

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Antigen tests -- are self-collected nasal swabs a reliable option?

Under certain conditions, antigen testing using self-collected swabs from the anterior nose may constitute a reliable alternative to antigen testing using nasopharyngeal swabs collected by health professionals.

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Ratan Tata gets 'Global Visionary of Sustainable Business and Peace' award

Ratan Tata was conferred the title of "Global Visionary of Sustainable Business and Peace" by the Federation of Indo-Israel Chambers of Commerce for epitomising "unity, peace and sustainability"

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Trading calls by Nilesh Jain of Anand Rathi: Sell Info Edge, M&M Financial

The momentum indicators and oscillators have turned negative for M&M Financial Services' shares, where MACD has provided fresh sell crossover on the daily chart

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New Covid-19 strain: India alert, no need to panic, says Harsh Vardhan

New strain of coronavirus, dubbed the "B.1.1.7 lineage" and believed to be far more infectious, has worried countries around the world, many of which, including India, have imposed travel bans on UK

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Boeing hard-sells Super Hornet, tests it for Indian Navy carriers

India offered advanced Block III Super Hornet, with five major enhancements

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Sebi gives six more months to Prabhat Dairy to complete delisting of shares

Under the Sebi norms, a company is required to make the final application to stock exchanges for delisting within one year of passing the special resolution

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Sunday, December 20, 2020

Antony Waste IPO: A good long-term bet for risk takers, say analysts

As the sector remains in a nascent stage, analysts see the firm offering decent returns only in the long-term

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Antony Waste IPO: A good long-term bet for risk takers, say analysts

As the sector remains in a nascent stage, analysts see the firm offering decent returns only in the long-term

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Shipping Corp up 7% on report govt may invite EoIs for divestment this week

The government is likely to invite bids this week for the privatisation of the SCI, with buyers getting time till mid-February to submit their EoIs, according to a report

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What should be your investment strategy with the markets at all-time high?

The benchmark equity indices have rallied over 80% from March lows leaving many analysts concerned about stretched valuations

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India plans tough targets for state-run firms ahead of privatisation push

India plans to set tough financial targets for state-run firms to try to improve valuations ahead of a push by PM Modi to privatise some firms, according to a draft government document and sources

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Delhi HC to pronounce verdict on Future Group's plea against Amazon today

On August 29 this year, the Future Group announced sale of its retail and wholesale business to Reliance Retail in a Rs 24,713 crore deal

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Delhi HC to give verdict on Future-Amazon case over asset sale to RIL today

On August 29 this year, the Future Group announced sale of its retail and wholesale business to Reliance Retail in a Rs 24,713 crore deal

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Limited supply, poor infra: The cold barriers to getting vaccinated in Asia

Some nations have signed on to procurement and advanced purchasing plans from vaccine manufacturers. Others are working on collaborations and homegrown options

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Stocks to watch: RIL, Infosys, PVR, SCI, Canara Bank, IDBI Bank, ONGC

Life Insurance Corporation of India increased stake in Exide Industries to 5.5 per cent from 3.48 per cent earlier

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Worst is over concerning Covid-19 in India: Health Minister Harsh Vardhan

"At a personal level, I think that the worst is over concerning the Covid-19 situation." But we need to strictly follow Covid appropriate behaviour, he said

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Germany suspends air links with the UK over discovery of new Covid strain

German Healthcare Minister Jens Spahn confirmed that Germany was suspending the UK-bound flights starting from midnight due to the mutated Covid-19 strain discovered in the country

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MARKET LIVE: Muted start on cards amid weak global cues; RIL, SCI in focus

LIVE stock market updates: Antony Waste Handling Cell will take a second shot at going public as the company will launch its Rs 300-crore IPO again today

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MARKET LIVE: Muted start on cards amid weak global cues; RIL, SCI in focus

LIVE stock market updates: Antony Waste Handling Cell will take a second shot at going public as the company will launch its Rs 300-crore IPO again today

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Nifty is trading in highly overbought zone, avoid fresh long: Sameet Chavan

13,650 is the immediate support which, if breached, could result in some profit booking and drag the index towards 13,500-13,470

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Budget sops, Covid-19 tax surcharge: Market expectations from 2021

One of the key ratios to gauge the valuation of the market is the Market Capitalisation to GDP Ratio, which is around 95 per cent currently - a bubble territory

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Budget sops, Covid-19 tax surcharge: Market expectations from 2021

One of the key ratios to gauge the valuation of the market is the Market Capitalisation to GDP Ratio, which is around 95 per cent currently - a bubble territory

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Two stock that Vaishali Parekh of Prabhudas Lilladher is bullish on

Escorts share price has witnessed a decent correction and has flattened out near 1290 levels to improve the bias

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US Congress reaches $900 billion deal to aid economy hit by Covid-19

Top Capitol Hill negotiators sealed a deal on an almost $1 trillion Covid-19 economic relief package

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Coronavirus LIVE: India cases at 10,056,248; global tally past 77 million

Coronavirus live updates: At 1,896,518, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 909,469, Andhra Pradesh 878,723, Tamil Nadu 806,000, and Kerala 705,869

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Farmers' protest LIVE: Govt invites farmer unions for next round of talks

Farmers' protest LIVE updates: Farmer unions to observe a day-long relay hunger strike at protest sites to press for the repeal of the new farm laws. Stay tuned for latest updates on farmers' protest

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Coronavirus LIVE: India cases at 10,056,248; global tally past 77 million

Coronavirus live updates: At 1,896,518, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 909,469, Andhra Pradesh 878,723, Tamil Nadu 806,000, and Kerala 705,869

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Latest news LIVE: Schools, colleges to reopen in Jharkhand from today

The Jharkhand government has agreed to reopen schools outside containment zones for standards 10 and 12. Stay tuned for Latest LIVE news

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Mumbai-Ahmedabad bullet train: First pictures are out, check here

The E5 Series Shinkansen, operated by the East Japan Railway Company, travels at an average speed of 320 km per hour, with a top speed of 350 km per hour

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Reliance, BP to get govt capped price of $4.06 for new gas from KG-D6

Reliance-BP in November 2019 auctioned initial gas from the R-Series field at a biddable percentage of Brent crude oil price

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Compliance with new rules for audit reports deferred to next financial year

Move comes as relief to companies, which will be able to use the additional time to prioritise allocation of resources and better prepare for enhanced requirements

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FPIs invest Rs 54,980 cr in December so far amid excess global liquidity

In November, the total net investment of FPIs stood at Rs 62,951 crore

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Compliance with new rules for audit reports deferred to next financial year

Move comes as relief to companies, which will be able to use the additional time to prioritise allocation of resources and better prepare for enhanced requirements

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DATA STORY: Delhi reports fewest new Covid cases since Aug 25; recovery rate at 96.65%

India on Saturday conducted 1,107,681 coronavirus tests, taking the total count of tests conducted so far in the country to 161,198,495. The test positivity rate recorded was 2.4%

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Covid-19-battered auto sector drives into 2021 with cautious optimism

Already battered by an unprecedented slowdown before the coronavirus pandemic, the resilience of the Indian auto industry was tested severely when the nationwide lockdown was announced towards March

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Saturday, December 19, 2020

In push to digital payments, WhatsApp Pay now live ln India for 20 mn users

The feature has been launched with support from banking partners State Bank of India, HDFC, ICICI, and Axis Bank

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Air India privatisation to spill into FY21-22, unlikely this fiscal

Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among "multiple" entities that put in preliminary bids last week for buying loss-making carrier Air India

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Fuel prices steady across metros for 13th day, petrol at Rs 83.71 per litre

Diesel prices too were same as the previous levels. In Delhi, Mumbai, Chennai and Kolkata, diesel was sold for Rs 73.87, Rs 80.51, Rs 79.21 and Rs 77.44 per litre, respectively, all unchanged levels

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Nepal PM recommends dissolution of Parliament in emergency meeting: Reports

Oli's move comes amidst a tussle for power with former prime minister Pushpa Kamal Dahal Prachanda.

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Emmanuel Macron's condition 'stable' after testing Covid-19 positive

"The medical condition of the president is stable... He presents similar COVID-19 symptoms which do not prevent him from fulfilling his obligations," said the Elysee in a statement

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Beyond coronavirus: 2020 had its bright spots and there is more to come

Here's a rundown of some bright spots this year and what we could look forward to in 2021

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Public sector banks to raise Rs 25,000 crore in three months: DFS Secretary

Earlier this month, Canara Bank raised Rs 2,000 crore while Punjab National Bank (PNB) raised Rs 3,788.04 crore through qualified institutional placement (QIP)

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PM Modi offers prayers at Gurudwara Rakabganj as farmers agitate on borders

Prime Minister Narendra Modi on Sunday made a surprise visit to Gurudwara Rakabganj in the national capital and paid tributes to Guru Tegh Bahadur for his supreme sacrifice.

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IndiGo looks to achieve pre-Covid traffic level in first few months of 2021

The airline is gearing-up for the expected demand and plans to Regional routes will take centre stage in aviation's growth especially in the near future

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Global Covid19 cases surpass 76 mn, death toll up by 1.68 mn: Johns Hopkins

The US is the worst-hit country with the world's highest number of cases and deaths at 17,631,293 and 316,006, respectively, according to the CSSE

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Rahul hints 'comeback' as Congress chief amid solidarity exercise in party

After several months due to the Covid-19 pandemic, Sonia called a meeting of top leaders of the party in which seven leaders of the disgruntled faction also attended

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Fugitive Nirav Modi's brother charged in $2.6mn fraud in New York

Modi was charged in the state supreme court with "grand larceny in the first degree" for allegedly "fraudulently obtaining over $2.6 million worth of diamonds

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Economic impact of coronavirus could be painfully long for Indian women

A tiny elite of urban, educated women has benefited from the shift to remote work under lockdown

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Global cos, govt agencies among 200 victims of suspected Russian hacking

Of the roughly 18,000 SolarWinds customers that received the infected update, more than 1,000 experienced the malicious code ping a so-called second stage "command and control"

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Researchers use artificial intelligence to ID mosquitoes

Rapid and accurate identification of mosquitoes that transmit human pathogens such as malaria is an essential part of mosquito-borne disease surveillance. Now, researchers have shown the effectiveness of an artificial intelligence system -- known as a Convoluted Neural Network -- to classify mosquito sex, genus, species and strain.

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COVID-19 pandemic had big impact on commercial fishing in Northeast

With restaurants and supply chains disrupted due to the global coronavirus pandemic, two-fifths of commercial fishermen surveyed from Maine through North Carolina did not go fishing earlier this year, according to a new study that also documented their resilience and adaptation. Of those who kept fishing, nearly all reported a decline in income compared with previous years, according to the survey of 258 fishers in the Northeast.

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Researchers create model to calculate COVID-19 health outcomes

Researchers have created a machine-learning model to predict the probability that a COVID-19 patient will need a ventilator or ICU care. The tool is free and available online for any healthcare organization to use.

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World Coronavirus Dispatch: Hong Kong clinics ban fathers during childbirth

Chaos in New South Wales as travelers rush to get out of the state, Big businesses showed resilience in a daunting year and other pandemic-related news around the globe

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Sonia Gandhi appoints AICC Secretaries in poll bound Assam, Kerala

Congress President Sonia Gandhi on Saturday appointed six All India Congress Committee secretaries attached to the general secretaries of Assam and Kerala with immediate effect.

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Apple puts Wistron on probation, suspends new business opportunities

Wistron on Saturday admitted to certain lapses in payments to workers at the facility in Kolar district and said that it is removing its vice president Vincent Lee, who oversees its business in India

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DATA STORY: India's Covid-19 tally tops 10 mn; recovery rate at 96.46%

India on Friday conducted 1,172,168 coronavirus tests, taking the total count of tests conducted so far in the country to 160,090,814. The test positivity rate recorded was 2.1%

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India at cusp of authorizing 1st set of Covid-19 vax: Harsh Vardhan

Harsh Vardhan announced that India is at the cusp of authorizing the first set of Covid-19 vaccines and expressed the need for an expeditious vaccination drive to cover all the target populations

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TMC filled with individuals who don't bother about anyone: Suvendu Adhikari

Adhikari said that West Bengal is standing at a critical juncture as the people of the state are destined to make a choice in the 2021 Assembly elections

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Over 3.9 million people facilitated via Vande Bharat Mission: Hardeep Puri

Union Minister for Civil Aviation Hardeep Singh Puri on Saturday informed that more than 3.9 million people were facilitated international travel ever since the Vande Bharat Mission was launched.

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iPhone maker Wistron agrees to lapses in payment of wages, sacks India VP

Assures that all workers will be fully compensated immediately

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iPhone maker Wistron agrees to lapses in payment of wages, sacks India VP

Assures that all workers will be fully compensated immediately

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Apple supplier Wistron could not manage scaled up India plant: Govt report

Several thousand contract workers at Wistron angered over alleged non-payment of wages destroyed property, factory gear and iPhones at the plant early on Dec

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Apple supplier Wistron could not manage scaled up India plant: Govt report

Several thousand contract workers at Wistron angered over alleged non-payment of wages destroyed property, factory gear and iPhones at the plant early on Dec

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Crucial Cong meet begins at Sonia Gandhi's place, some of G23 also present

At least 15 leaders on Saturday arrived at the residence of Congress interim chief Sonia Gandhi here, including several of the G23 leaders who had written for an active president in the party.

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PM Modi backs farm laws, says farmers have started getting their benefits

Says country is firmly behind him as his government makes new laws and repeals archaic ones

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China says it has already given 1 mn Covid-19 vaccine shots, planning more

Vaccines developed by Sinovac Biotech Ltd. and the state-owned China National Biotec Group Co. have been dispensed in the country since they were granted emergency-use authorization in July

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Friday, December 18, 2020

Worst collapse ever as India wraps innings at 36/9 in 1st Test vs Australia

After a decent 53-run first innings lead, India are now staring at a humiliating defeat with only 89 runs to defend.

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Worst collapse ever as India wraps innings at 36/9 in 1st Test vs Australia

After a decent 53-run first innings lead, India are now staring at a humiliating defeat with only 89 runs to defend.

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Trump signs bill that could remove Chinese stocks from US markets

The measure, which could affect corporate giants like Alibaba Group Holding Ltd. and Baidu Inc., serves as another parting shot at Beijing before Trump leaves office in January

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Farmers' protest LIVE: Ready to talk, says PM Modi as protests continue

Farmers' protest LIVE updates Day 24: Government ready 'with our heads bowed, our hands folded' to allay any concerns over farms laws, says PM Modi . Stay tuned for latest updates on farmers' protest.

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US clears Moderna vaccine for coronavirus, second shot in arsenal

The US added a second COVID-19 vaccine to its arsenal on Friday, boosting efforts to beat back an outbreak so dire that the nation is regularly recording more than 3,000 deaths a day

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Coronavirus LIVE: India cases past 10 mn; global tally nears 76 million

Coronavirus live updates: At 1,888,767, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 907,123, Andhra Pradesh 877,000, Tamil Nadu 804,000, and Kerala 693,000

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J-K DDC elections LIVE: Last-phase polling in 28 constituencies underway

J-K DCC polls: 13 of the DCC constituencies fall in the Kashmir division while 15 are from Jammu. Stay tuned for Latest LIVE news

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OneWeb launches 36 satellites; to offer hi-speed internet from 2021 end

This takes the total in-orbit constellation to 110 satellites, part of OneWeb's 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity, a company release said

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Domestic air traffic growth slows on Maharashtra Covid-19 test caveat

Domestic airlines flew 6.3 million passengers in November compared to 5.2 million a month earlier. Last November, airlines had carried 12.9 million passengers

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Thursday, December 17, 2020

KNR Constructions hits 52-week high ahead of Board meet; up 12% in one week

The board of directors of the company is schedule to meet today to consider declaration of bonus shares and other related issues

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World Coronavirus Dispatch: The curious case of pandemic contracts in UK

US within striking distance of reaching a $900 billion stimulus deal, Victoria lockdown violated human rights, and other pandemic-related news from around the globe

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Accenture's strong Q1FY21 results make analysts bullish on Indian IT stocks

With the global IT behemoth reporting sharp uptick in outsourcing business, and broad-based recovery across verticals and markets, here is how analysts read through the numbers

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Accenture's strong Q1FY21 results make analysts bullish on Indian IT stocks

With the global IT behemoth reporting sharp uptick in outsourcing business, and broad-based recovery across verticals and markets, here is how analysts read through the numbers

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Chris Wood cuts exposure to gold, a first in years; invests in Bitcoin

Despite the investment in bitcoin by trimming exposure to gold, Wood still continues to remain bullish on the yellow metal

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Chris Wood cuts exposure to gold, a first in years; invests in Bitcoin

Despite the investment in bitcoin by trimming exposure to gold, Wood still continues to remain bullish on the yellow metal

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Pidilite Industries nears record high on heavy volumes, stock advances 4%

In the past three months, Pidilite has underperformed the market by gaining 16 per cent, as compared to a 20-per cent gain in the S&P BSE Sensex

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Global investors are dumping Indian bonds. Blame it on slow pace of reforms

While financing costs have remained subdued this year, the risk is that the growing supply of Indian bonds begins to outstrip local demand

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DATA STORY: Delhi adds 1,363 Covid-19 cases, fewest in a day since Sep 1

India on Thursday conducted 1,113,406 coronavirus tests, taking the total count of tests conducted so far in the country to 158,918,646. The test positivity rate recorded was 2.1%

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BEML gains 5% as Porinju's firm picks stake; stock surges 51% in five weeks

Porinju Veliath's Equity Intelligence India bought 265,000 shares of the company at Rs 847.63 per share

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IT shares gain on Accenture's strong performance; Infosys, TCS hit new high

Nifty IT index hit a record high of 23,408, up 2% on the NSE

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Stocks to watch: IT stocks, L&T, TCS, Dishman Carbogen, BPCL, Asian Paints

Nifty futures on SGX were trading higher, indicating a firm start for Indian stock markets

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MARKET LIVE: Indices may hit fresh highs at Open; TCS buyback opens today

Market live updates: In commodities, oil climbed and touched a nine-month high. Brent crude futures settled up 42 cents at $51.50 a barrel

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MARKET LIVE: Indices may hit fresh highs at Open; TCS buyback opens today

Market live updates: In commodities, oil climbed and touched a nine-month high. Brent crude futures settled up 42 cents at $51.50 a barrel

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Two stocks that Gaurav Garg is bullish on: Buy TCS, Endurance Technologies

The stock of TCS is sustaining above its important moving averages, and a breakout above the immediate resistance of 2,820 levels might lead stock trade higher

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Oil prices hit 9-month high on US stimulus deal, refining demand in India

Oil climbed and touched a nine-month high, with traders optimistic about progress toward a U.S. fiscal stimulus deal and record-breaking refining demand in China and India

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

Short covering was seen in the Divi's Lab Futures' where we have seen 1 per cent fall in the Open Interest with price rising by 3 per cent

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Stock recommendations by Anand Rathi: Buy HDFC Bank, Lupin, Sonata Software

The stock of HDFC Bank is showing signs of reversal which hints of further positive momentum in the counter

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Latest News LIVE: Rahul, Priyanka to launch Bengal poll campaign next month

Latest News LIVE UPDATES: Delhi recorded a 'cold day' with the lowest maximum temperature of the season as biting cold wave conditions prevailed in the northern belt

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Farmer protests LIVE: PM to speak to MP farmers on benefits of new laws

Farmers' protest LIVE updates Day 23: Agriculture minister Narendra Singh Tomar on Thursday appealed to the agitating farmers not to fall prey to these "white lies"

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Coronavirus LIVE: India reports 26,762 new cases, tally close to 10 mn

The global tally of coronavirus cases stands at 75,223,151. While 52,805,160 have recovered, 1,666,988 have lost their lives

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India will have to spend $1.8 bn on Covid-19 vaccines in Phase 1: Report

India will have to spend $1.4 billion to $1.8 billion in the first phase of a coronavirus vaccination programme, even after getting support under the COVAX global vaccine-sharing scheme

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Amit Shah holds meeting with ministers, BJP officials on farmers' issue

The meeting was held at the BJP head office here and was also attended by the party's general secretaries CT Ravi, Dushyant Gautam and Arun Singh among others. It lasted for more than an hour

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Wednesday, December 16, 2020

Divi's Labs m-cap crosses Rs 1 trillion; stock zooms 109% in CY 2020 so far

Currently, Divis Labs stands at the 30th position among companies having market-cap of over Rs 1 trillion.

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Jubilant FoodWorks launches biryani biz with "Ekdum!'; stk hits record high

Jubilant FoodWorks' stock has rallied 8% in the past two trading days

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Sugar stocks surge up to 5% after govt approves Rs 3,500 cr export subsidy

Balrampur Chini, Triveni Engineering, Uttam Sugar Mills, Dhampur Sugar Mills, Shree Renuka Sugars, EID Parry and Dwarikesh Sugar Industries were up in the range of 3% to 5%

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Stocks to watch: IndusInd Bank, Hero Moto, Wipro, Jubilant Foods, YES Bank

Lakshmi Vilas Bank (LVB) said that the trading in its equity shares will be withdrawn with effect from December 18, 2020.

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Top headlines: Instagram's growth, Covid vaccine, Piramal's plans, and more

Here are the top business headlines on Thursday morning

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Apple wants to make iPhone user tracking harder and Facebook is upset

Facebook previously told investors that Apple's changes, scheduled to go live early next year, will lead to significant headwinds because most of its advertisers are small businesses

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India wants a V-shaped recovery at any cost. But what will RBI do?

How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off

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MARKET LIVE: SGX Nifty hints at subdued start; YES Bank, Hero Moto in focus

LIVE Markets: Global markets are ruling higher after the US Federal Reserve pledged to keep interest rates low

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Silver to outperform Gold on improved global economy, says Bhavik Patel

Silver has risen twice as sharply as gold and so as a result, the gold/silver ratio has dropped to 76, its lowest level since the beginning of the month

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Back with a bang: Bankex outperforming Sensex, sharpest since 2009

A 44 per cent surge since September 30 means a gauge of lenders is beating the benchmark S&P BSE Sensex by more than 20 percentage points this quarter - the most since 2009

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Latest News LIVE: PM Modi, Sheikh Hasina to bold virtual bilateral meet

Latest News LIVE: The summit is being held a day after India marks Vijay Divas, celebrating victory over Pakistan in the 1971 war that led to the creation of Bangladesh

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India vs Australia 1st Test LIVE: All eyes on Aussie playing 11 at Adelaide

India vs Australia live toss will take place at 9:00 am IST. Check IND vs AUS live score, playing 11 and match updates here

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Farmer protests LIVE: Deadlock continues as agitation enters Day 22

Farmers' protest LIVE updates Day 22: Bhartiya Kisan Union (Ekta Ugrahan), which has been leading the agitation at Tikri border, said that there would be no meaning of a new committee now

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Coronavirus LIVE: India reports 21,861 new cases, tally crosses 9.9 million

The government is making all efforts to support and promote the development of vaccines for Covid-19, but there is a need to strengthen cold chain logistics

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India slips a spot in UN's human development index, ranks at 131 now

Human Development Index is the measure of a nation's health, education, and standards of living.

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US puts India on currency watch list, labels Switzerland as manipulator

Others on the list include China, Japan, Korea, Germany, Italy, Singapore and Malaysia

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'Time waste': Rahul Gandhi walks out of defence panel meet in protest

Panel on defence on Wednesday discussed soldiers' rank badges and uniforms for over an hour, over the objections of several members who demanded the committee focus on matters of strategic importance

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

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