The budget for "health and wellness" is Rs 2,83,846 trillion--137 per cent greater than last year
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Sunday, January 31, 2021
Maruti Suzuki reports 4.3% increase in total sales to 160,752 units in Jan
The country's largest car maker Maruti Suzuki India reported a 4.3% increase in total sales to 1,60,752 units in January
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Maruti Suzuki reports 4.3% increase in total sales to 160,752 units in Jan
The country's largest car maker Maruti Suzuki India reported a 4.3% increase in total sales to 1,60,752 units in January
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Adani Green arm commissions 100 MW solar power plant in Jalalabad
Adani Green Energy on Monday said that its arm ASE4PL has commissioned a 100 MW solar power project at Jalalabad in Uttar Pradesh
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India's power consumption grows at 3-month high rate of 10.2% in January
India's power consumption grew at a three-month high rate of 10.2 per cent at 111.43 billion units (BU) in January 2021, showing spurt in economic activities, according to official data
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KRBL tanks 19% as ED arrests Joint MD in AugustaWestland case
The Joint Managing Director Anoop Kumar Gupta has been sent to 5 days custody of Enforcement Directorate in the AgustaWestland Money Laundering case
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India's Jan factory activity at 3-mth high, manufacturing PMI rises to 57.7
The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, rose to 57.7 in January from December's 56.4, above the 50-level separating growth from contraction for 6th straight month
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DATA STORY: Kerala, Maharashtra alone account for 79% of all active Covid cases in India
With 14,509 vaccinations on Sunday, India has so far inoculated 3,758,843 people. That is 34.938 per cent of its total caseload, and 0.2708 per cent of its population
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IndusInd Bank surges 14% in two days as asset quality improves in Q3
The private lender is looking to grow its loan book by 15-18 per cent YoY for the next two financial years under its fifth planning cycle
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Escorts tractor sales jump 49% to 9,021 units in January 2021
Farm equipment manufacturer Escorts Agri Machinery on Monday reported a 48.8 per cent jump in tractor sales at 9,021 units in January 2021
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LIVE: Nothing short of repeal of farm laws will suffice, say farmers
Farmers' protest LIVE updates: Farmer unions are showing willingness to continue discussions with the government but said nothing short of repeal of the laws will suffice
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Budget 2021: Nirmala Sitharaman replaces Swadeshi 'bahi khata' with tablet
With the Union Budget 2021 set to be delivered in paperless form for the first time, Finance Minister Nirmala Sitharaman replaced the Swadeshi 'bahi khata' and switched to a tablet
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ICICI Bank rallies 6%, hits record high on strong December quarter results
ICICI Bank reported a strong Q3FY21, led by robust operating performance, while strong asset quality trends enabled decline in provisioning expenses
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Apple leads global tablet market in 2020; followed closely by Samsung
Apple shipped 57.6 million iPads in 2020, garnering top spot with 30.6 per cent tablet market share globally, according to a new report.
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Budget-related stocks to watch: PSUs, infra, financials, healthcare
Castrol India, Finolex Industries, Kansai Nerolac Paints and Reliance Capital are among 37 firms set to report their December quarter numbers today
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Myanmar military says taking control of country; Suu Kyi, leaders detained
The military, known as the Tatmadaw, charged that there was massive voting fraud in the election, though it has failed to provide proof
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GDP to fiscal deficit: Key numbers investors must watch in Budget 2021
While the success of the budget depends on how effectively India is able to contain rising infections through vaccine drives in the nation of more than 1.3 bn people, here are 5 key numbers to watch
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5G roll out 'soon' in India, mass adoption could still be years away
With talks of timely 5G roll out in India resurfacing, there are hopes that the fifth-generation cellular technology could be a reality in the second half of the year
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Budget 2021 aims to revive economy despite limited fiscal headroom
The government is likely to hike import duties on a number of high-end goods in a bid to raise more than 210 billion rupees in revenue
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Budget 2021 aims to revive economy despite limited fiscal headroom
The government is likely to hike import duties on a number of high-end goods in a bid to raise more than 210 billion rupees in revenue
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MARKET LIVE: How will Union Budget 2021 impact your portfolio?
LIVE market: The Finance Minister has promised a "never before" budget that would help revive economic sentiment in a Covid-19 impacted year
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MARKET LIVE: How will Union Budget 2021 impact your portfolio?
LIVE market: The Finance Minister has promised a "never before" budget that would help revive economic sentiment in a Covid-19 impacted year
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Myanmar leader Suu Kyi detained in early-morning raid, says report
Suu Kyi, President Win Myint and other leaders were "taken," the report said, citing Myo Nyunt, a spokesman for the ruling National League for Democracy
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Coal India output likely to slip 4% in January after months of growth
Coal India's dry fuel production is likely to snap a five-month growth streak to register a decline in January, owing to high pithead stock, sources said on Sunday
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Indian Oil board gives nod for subsidiary to set up Rs 29,000 cr refinery
The 9 MMTPA (Million Metric Tonne Per Annum) refinery will be built at Nagappattinam, with a Polypropylene unit to start with and facility to process crude oil
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Coal India output likely to slip 4% in January after months of growth
Coal India's dry fuel production is likely to snap a five-month growth streak to register a decline in January, owing to high pithead stock, sources said on Sunday
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Indian Oil board gives nod for subsidiary to set up Rs 29,000 cr refinery
The 9 MMTPA (Million Metric Tonne Per Annum) refinery will be built at Nagappattinam, with a Polypropylene unit to start with and facility to process crude oil
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Govt mops up Rs 19,499 cr from CPSE disinvestment, buyback so far in FY21
The government has garnered Rs 19,499 crore through CPSE disinvestment and share buyback so far in 2020-21, as against the Rs 2.10 trn budget target set for the entire fiscal year ending March 31
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Nine of 10 most valued firms lose over Rs 3.96 trn in market valuation
Only ICICI Bank managed to witness addition in its market valuation the holiday-truncated last week
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Not striker or defender, Man City's winter signing is a hedge fund veteran
Laurie Shaw's resume is straight from high-brow science and finance
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Saturday, January 30, 2021
Nine of 10 most valued firms lose over Rs 3.96 trn in market valuation
Only ICICI Bank managed to witness addition in its market valuation the holiday-truncated last week
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India pained by 'insult to tricolour' on R-Day: Modi on farmer protests
Modi, in his monthly radio speech 'Mann Ki Baat', spoke about protesters hoisting flags at the Fort after hundreds of them deviated from agreed routes and breached the heart of Delhi
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Govt allows full occupancy in cinemas from Feb 1, issues new guidelines
The central government has allowed full occupancy in cinema halls and multiplexes starting from February 1
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Rough ride for Indian stocks likely to continue even after Budget
The Sensex had a blistering advance last quarter -- even as data showed that the economy had plunged into recession -- led by record inflows from foreign investors
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World Bank's IFC to invest $45 million equity in upGrad Education
upGrad has almost doubled its users in six months and aims to touch 10 lakh by the end of 2021
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World Bank's IFC to invest $45 million equity in upGrad Education
upGrad has almost doubled its users in six months and aims to touch 10 lakh by the end of 2021
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China's factory activity growth slows in January due to Covid-19
China's factory activity grew at the slowest pace in five months in January, hit by a wave of domestic coronavirus infections
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Trump parts ways with his lead impeachment lawyers a week before trial
Trump has parted ways with his lead impeachment lawyers little more more than a week before his trial, two people familiar with the situation said Saturday
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LIVE: PM Modi to give this year's 'Mann Ki Baat' speech ahead of Budget
Mann Ki Baat LIVE UPDATES: Prime Minister's annual radio speech coincides protests against three agriculture laws enacted in September.
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No longer the Hong Kong we knew: Thousands flee for UK amid China crackdown
Many say China's encroachment on their way of life and civil liberties has become unbearable
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Farmers' protest: Cong slams BJP 'for FIRs against Tharoor, 6 journalists
Priyanka Gandhi Vadra alleged that the ruling party has 'torn to shreds' the 'ignity of democracy' by this action.
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Myntra revising its logo after complaint says it's 'insulting to women'
E-commerce platform Myntra is revising its logo after a complaint was filed with the Mumbai cyber police against the logo, terming it as 'offensive' and 'insulting to women'.
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Why grand policy statements in this 'never-before' like Budget are unlikely
In a CII event last year, Sitharaman said this time she shall offer a 'never before' like budget
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Myntra revising its logo after complaint says it's 'insulting to women'
E-commerce platform Myntra is revising its logo after a complaint was filed with the Mumbai cyber police against the logo, terming it as 'offensive' and 'insulting to women'.
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Tata Motors says worried by chip shortage, Brexit impact on supplies
Tata Motors posted a 67.2% rise in profit for the last quarter of 2020, as Jaguar Land Rover sales improved in key markets like China.
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Tata Motors says worried by chip shortage, Brexit impact on supplies
Tata Motors posted a 67.2% rise in profit for the last quarter of 2020, as Jaguar Land Rover sales improved in key markets like China.
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TVS group board of directors give their nod for 'family arrangement'
The restructuring will give each family group complete ownership of businesses they manage while scrapping the holding company
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ICICI Bank third quarter net profit jumps 19% to Rs 4,940 crore
The lender was helped by a surge in net interest income
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ICICI Bank third quarter net profit jumps 19% to Rs 4,940 crore
The lender was helped by a surge in net interest income
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Internet suspended in Delhi's border areas after Singhu clash
The government has suspended Internet connectivity for two days in Singhu and Tikri (Delhi-Haryana) border, and Ghazipur (Delhi-Uttar Pradesh) border for two days
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Revival of animal spirits with 11% growth rate in FY22: CEA Subramanian
Subramanian, the lead author of the Economic Survey, also made a case for strong counter-cyclical measures to encourage private investment
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Shree Cements third quarter profit jumps over two folds to Rs 632 cr
Shree Cements on Saturday posted over two-fold jump in consolidated net profit
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Serum Institute seeks DCGI nod for clinical trials of Covid vaccine Covovax
SII is already manufacturing millions of doses of Covishield vaccine in technical collaboration with Oxford University and AstraZeneca
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ICICI Bank's Q3 net profit increases 17% to Rs 5,498 crore
Its total income increased to Rs 24,416 crore from the year-ago's Rs 23,638 crore, while the total expenditure was lower at Rs 15,596 crore as against Rs 16,089 crore
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Govt continuously trying to resolve farmer deadlock through talks: PM Modi
Prime Minister Narendra Modi on Saturday addressed leaders of various political parties
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Future likens Amazon's bid to stall deal to 'ruthless' Alexander the Great
Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated contracts by agreeing to sell its retail assets to Reliance Industries last year. Future denies wrongdoing
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Happiest Minds acquires Pimcore Global Services for $8.25 million
Happiest Minds Technologies Ltd will acquire US-based Pimcore Global Services for USD 8.25 million (about Rs 60 crore). Houston-based Pimcore Global Services is a digital e-commerce and data management solutions company. "Happiest Minds Technologies Ltd has concluded and signed definitive agreements to acquire 100 per cent ownership interest of PGS Inc (doing business as Pimcore Global Services) for a consideration of USD 8.25 million," Happiest Minds said in a regulatory filing late Friday night. The acquisition will further strengthen Happiest Minds' offerings and leadership in the digital transformation space, it added. It will also help create greater digital capital for customers and facilitate onboarding more customer logos of strategic consequence. The acquisition is subject to customary closing conditions and is expected to close in the quarter ended March 31, 2021. The filing noted that PGS has a strategic partnership with Pimcore Austria for delivering solutions around .
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Future likens Amazon's bid to stall deal to 'ruthless' Alexander the Great
Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated contracts by agreeing to sell its retail assets to Reliance Industries last year. Future denies wrongdoing
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Govt should spend, increase healthcare allocation: CEA to industry leaders
Speaking on privatisation, Subramanian said disinvestment would happen this year and selling Air India would be a seminal moment that would clearly signal the government's intent
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Friday, January 29, 2021
Novavax Covid-19 vaccine shows 89% efficacy in UK clinical trials
The trial has assessed its efficacy during a period with high transmission and with a new UK strain of the virus
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Novavax Covid-19 vaccine shows 89% efficacy in UK clinical trials
The trial has assessed its efficacy during a period with high transmission and with a new UK strain of the virus
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LIVE updates Budget session: PM Modi to chair an all-party meeting today
Today's all-party meeting will be held virtually and an invitation has been extended to floor leaders of all parties. Stay tuned for Latest LIVE news
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LIVE: Farmers to observe day-long fast on Gandhi's death anniversary today
Farmers' protest LIVE updates: Farmers agitating against the Centre's new agriculture laws will observe 'Sadbhavana Diwas' on Mahatma Gandhi's death anniversary today
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Coronavirus LIVE: India cases at 102,587,260; global tally nears 102.6 mn
Coronavirus live updates: Globally, nearly 102.6 million people have been infected by the virus and the death toll stands at 2,214,227
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Increasing health spend to 3% can halve out-of-pocket expenses: Eco Survey
The survey said the focus must be on building the health care system generally rather than a specific focus on communicable diseases
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Economic survey 2020-21: Forget rating agencies, spend without fear
Government spending becomes imperative at the time of excessive risk aversion in the private sector
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HC to Future Group: Respond to Amazon's plea to enforce arbitrator award
The Delhi High Court Friday sought response of Kishore Biyani led Future Retail Ltd (FRL) on a plea by US-based e-commerce giant Amazon
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Exploring indexing annuity rates to inflation or G-secs: Irdai Chairman
Annuity products may switch to floating rates from fixed, which generally give lower returns to customers
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Thursday, January 28, 2021
What to expect from December quarter results of Tata Motors today
According to the monthly sales data, Tata Motors sold 1.5 lakh units in the domestic markets, up 24 per cent on a year-on-year (YoY) basis, during the quarter under review
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Tech Mahindra Q3 preview: Analysts expect up to 3% YoY decline in profit
Despite the headwind of furloughs and rupee appreciation, margins of growth for Tech Mahindra is expected to be flat in Q3FY21
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What to expect from December quarter results of Tata Motors today
According to the monthly sales data, Tata Motors sold 1.5 lakh units in the domestic markets, up 24 per cent on a year-on-year (YoY) basis, during the quarter under review
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What to expect from December quarter results of Tata Motors today
According to the monthly sales data, Tata Motors sold 1.5 lakh units in the domestic markets, up 24 per cent on a year-on-year (YoY) basis, during the quarter under review
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MARKET LIVE: Indices may see gap-up start; all eyes on Economic Survey 2021
Stock market LIVE updates: As per a Bloomberg report, India is predicting that the economy will expand 11 per cent in the year starting April
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MARKET LIVE: Indices may see gap-up start; all eyes on Economic Survey 2021
Stock market LIVE updates: As per a Bloomberg report, India is predicting that the economy will expand 11 per cent in the year starting April
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Budget 2021 LIVE UPDATES: Session begins today; here's what to expect
BUDGET SESSION 2021 LIVE UPDATES: Ahead of the Budget 2021, Parliament Session is set to begin today. Stay tuned for LIVE updates on Budget session of the Parliament
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Tech Mahindra Q3 preview: Analysts expect up to 3% YoY decline in profit
Despite the headwind of furloughs and rupee appreciation, margins of growth for Tech Mahindra is expected to be flat in Q3FY21
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Tech Mahindra Q3 preview: Analysts expect up to 3% YoY decline in profit
Despite the headwind of furloughs and rupee appreciation, margins of growth for Tech Mahindra is expected to be flat in Q3FY21
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Here's a Bull Spread strategy on Tata Power by Nandish Shah of HDFC Sec
The stock price of Tata Power has witnessed running correction of 10 per cent from the recent high and has reached to a support level which, HDFC Securities believes, is a good buying opportunity
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Budget 2021 to be a tougher balancing act than India's other annual Budgets
A combination of stepped-up social spending - including on long-neglected healthcare - and a state-led infrastructure push will make the recovery both durable and inclusive
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Three PSU stocks that Nilesh Jain of Anand Rathi is bullish on
The momentum indicators and oscillators have reached the oversold territory in IRCTC stock, and are showing signs of reversal
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World Coronavirus Dispatch: Horror scenes in Lebanon intensive care wards
Britain will make citizens quarantine at hotels at their own expense, IMF warns pausing Covid rescue programmes will risk triggering market crash and other pandemic-related news across the globe
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New catalyst moves seawater desalination, hydrogen production closer to commercialization
Seawater is abundant and cheap, making it a tempting resource to meet the world's growing need for clean drinking water and carbon-free energy. Now researchers have reported a new catalyst that can be made quickly and inexpensively, bringing the technology closer to commercial reality.
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Top headlines: Security clearance policy for PSU privatisation, and more
The government is set to amend its security clearance policy for investors participating in privatisation or strategic divestment in PSUs. Read today's top news with Business Standard
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Covid impact: Airlines close books on rotten 2020 and so far, 2021 is grim
It was a disaster for airlines, worse than 9/11 or the global financial crisis - some very small carriers didn''t survive it - and the new year is off to a grim start
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Coronavirus LIVE: India cases at 10,720,971; global tally past 102 mn
Coronavirus live updates: Globally, more than 102 million people have been infected by the virus and the death toll stands at 2,199,065
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Apple's Cook criticises social media practices, intensifying FB conflict
Cook critiqued apps that he argued collect too much personal information and prioritize "conspiracy theories and violent incitement simply because of their high rates of engagement."
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Automobile industry in India going through structural slowdown: SIAM
The auto industry has been facing headwinds even before the pandemic derailed the entire sector last year
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Putting bugs on the menu, safely
The thought of eating insects is stomach turning for many, but new research is shedding light on allergy causing proteins which could pose serious health risks for those suffering from shellfish allergy. The research identified 20 proteins found in cricket food products which could cause serious allergic reactions.
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Bharti Airtel steals a march on 5G rivals, conducts live testing of service
The company said the full impact of the 5G experience would be available to Airtel customers when adequate spectrum is available and government approvals received
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Boeing gets US govt approval to offer F-15EX fighter jet to India
May join fray for IAF's acquisition of 114 medium fighters
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Wednesday, January 27, 2021
Latest news LIVE: PM Modi to address WEF's virtual Davos Dialogue today
The Davos Dialogues agenda marks the launch of the World Economic Forum's great reset initiative in the post-Covid-19 world. Stay tuned for Latest LIVE news
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Coronavirus LIVE: India cases at 10,702,031; global tally past 101.4 mn
Coronavirus live updates: Globally, more than 101.4 million people have been infected by the virus and the death toll stands at 2,182,155
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Why India should honour the $1.2 bn arbitration award in Cairn's favour
This year's budget is due on Monday. All that Finance Minister Sitharaman has to do is to make a provision for the Cairn payment, an insignificant footnote in her $415 billion-plus expenditure plan
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IndiGo Q3 preview: Server hack, fleet expansion among key monitorables
Investors expect the low cost airline to be a key beneficiary of revival in domestic travel amid the roll out of the coronavirus vaccine
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IndiGo Q3 preview: Server hack, fleet expansion among key monitorables
Investors expect the low cost airline to be a key beneficiary of revival in domestic travel amid the roll out of the coronavirus vaccine
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Here's what brokerages expect from TVS Motor Q3 results today
According to the monthly sales data, TVS Motor sold 9.89 lakh units in Q3FY21, up 20 per cent YoY from 8.21 lakh units it sold in the year-ago period
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Top headlines: Cabinet okays PSU privatisation policy, Amazon under ED lens
From Cabinet's nod to PSU privatisation policy to ED registering a case against Amazon, Business Standard brings you the top headlines
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Study reveals precarious employment on the rise long before COVID-19
Researchers have used a new approach to measure precarious, or low-quality, employment in the United States. And, according to those findings, precarious employment has increased 9 percent between 1988 and 2016.
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T cells can mount attacks against many SARS-CoV-2 targets -- even on new virus variant
A new study suggests that T cells try to fight SARS-CoV-2 by targeting a broad range of sites on the virus -- beyond the key sites on the virus's spike protein. By attacking the virus from many angles, the body has the tools to potentially recognize different SARS-CoV-2 variants.
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Novel compound may help develop diabetes drugs
A study has identified a new compound that might serve as a basis for developing a new class of drugs for diabetes.
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AI used to predict early symptoms of schizophrenia in relatives of patients
Researchers have taken a step forward in developing an artificial intelligence tool to predict schizophrenia by analyzing brain scans. The tool was used to analyze functional magnetic resonance images of 57 healthy first-degree relatives (siblings or children) of schizophrenia patients. It accurately identified the 14 individuals who scored highest on a self-reported schizotypal personality trait scale.
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Melatonin is effective against polycystic kidney disease
Melatonin, a hormone commonly associated with sleep-wake regulation, has been found to reduce cysts in fruit flies, according to researchers. It's a finding that may affect the way we treat some kidney diseases and reduce the need for kidney transplants.
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Researchers simplify the study of gene-environment interactions
Researchers have developed a new computational method for studying genetic and environmental interactions and how they influence disease risk.
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The dangers of drugged driving are outpacing drunk driving
A recent study of drugged driving shows that a sizable percentage of individuals reported the use of marijuana and other illicit drugs while operating behind the wheel.
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Hospital worker flu shots could mean fewer early deaths
Research shows that state laws promoting flu vaccinations for hospital workers can substantially reduce the number of influenza-related deaths.
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Malaria tricks the brain's defense system
Malaria is one of the most common causes of death in children in Africa. When the parasite builds up in the blood vessels of the brain, it develops into one of the most dangerous forms of the disease, cerebral malaria. Though it wasn't certain if the parasite was able to penetrate the brain tissue, now researchers have found parasites can do that and have mapped the mechanism they utilize.
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Why India should honour the $1.2 bn arbitration award in Cairn's favour
This year's budget is due on Monday. All that Finance Minister Sitharaman has to do is to make a provision for the Cairn payment, an insignificant footnote in her $415 billion-plus expenditure plan
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Cabinet clears policy on PSU privatisation ahead of Union Budget
The contours of the policy and the strategy to privatise PSUs will be announced by Finance Minister Nirmala Sitharaman in the Budget
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Bharat Biotech's Covaxin effective against Covid-19 UK strain: ICMR
The genome of the UK-variant has 17 mutations, eight of those were in the spike protein domain
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Can large fluid-filled spaces in the brain help identify those at risk of dementia?
People with enlarged fluid-filled spaces in the brain around small blood vessels may be more likely to develop cognitive problems and dementia over time than people without these enlarged spaces, according to a new study.
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Ancient proteins help track early milk drinking in Africa
Got milk? The 1990s ad campaign highlighted the importance of milk for health and wellbeing, but when did we start drinking the milk of other animals? And how did the practice spread? A new study led by scientists from Germany and Kenya highlights the critical role of Africa in the story of dairying, showing that communities there were drinking milk by at least 6,000 years ago.
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Anonymous cell phone data can quantify behavioral changes for flu-like illnesses
New method could potentially provide a useful tool to help monitor and control infectious diseases outbreaks, without comprising privacy.
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Reckitt Benckiser leads Rs 45 crore investment in Bombay Shaving Company
The coronavirus pandemic has accelerated the business for Bombay Shaving Company, which plans to scale its operations and cross Rs 150 crore top line by the end of this year
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Tuesday, January 26, 2021
Latest news LIVE: Janet Yellen sworn in as 1st female US Treasury secretary
Janet Yellen was sworn in today as US Treasury secretary by the nation's first female Vice President Kamala Harris at the White House. Stay tuned for Latest LIVE news
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HUL Q3 preview: Double-digit revenue growth likely on GSK acquisition
Analysts at ICICI Securities expect Hindustan Unilever (HUL) to post 15.4 per cent year-on-year (YoY) revenue growth at Rs 11,322.3 crore in the December quarter
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Dip in PAT, weak asset quality: What to track in Bank of Baroda's Q3 result
HSBC pegs Bank of Baroda's Q3FY21 net profit at Rs 164.1 crore, a staggering 90 per cent de-growth from September quarter's PAT of Rs 1,678.6 crore
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Axis Bank Q3: Profit may jump up to 83% YoY; asset quality could take a hit
Limited Covid-19 provisioning in the quarter may shore up profit of Axis Bank, analysts at Edelweiss Securities said in their result preview report
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HUL Q3 preview: Double-digit revenue growth likely on GSK acquisition
Analysts at ICICI Securities expect Hindustan Unilever (HUL) to post 15.4 per cent year-on-year (YoY) revenue growth at Rs 11,322.3 crore in the December quarter
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MARKET LIVE: Indices may start higher; HUL, Axis Bank, auto stocks in focus
Stock market LIVE updates: Muted global trade setup could cap gains
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India's unusual Covid vaccine problem: Plenty of shots, but few takers
While vaccine hesitancy has surfaced in places like Japan and Brazil, and China's candidates have also faced questions over data, the scale of the problem in India is by far the biggest
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Axis Bank Q3: Profit may jump up to 83% YoY; asset quality could take a hit
Limited Covid-19 provisioning in the quarter may shore up profit of Axis Bank, analysts at Edelweiss Securities said in their result preview report
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Dip in PAT, weak asset quality: What to track in Bank of Baroda's Q3 result
HSBC pegs Bank of Baroda's Q3FY21 net profit at Rs 164.1 crore, a staggering 90 per cent de-growth from September quarter's PAT of Rs 1,678.6 crore
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Axis Bank Q3: Profit may jump up to 83% YoY; asset quality could take a hit
Limited Covid-19 provisioning in the quarter may shore up profit of Axis Bank, analysts at Edelweiss Securities said in their result preview report
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Dip in PAT, weak asset quality: What to track in Bank of Baroda's Q3 result
HSBC pegs Bank of Baroda's Q3FY21 net profit at Rs 164.1 crore, a staggering 90 per cent de-growth from September quarter's PAT of Rs 1,678.6 crore
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Vaccine shows potential against deadly leptospirosis bacteria
Scientists have designed a single-dose universal vaccine that could protect against the many forms of leptospirosis bacteria, according to a new study.
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New control mechanism in innate immune system
Although the protein ITIH4 is found in large amounts in the blood, its function has so far been unknown. By combining many different techniques, researchers have discovered that ITIH4 inhibits proteases in the innate immune system via an unknown mechanism.
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Drink and drug risk is lower among optimistic pupils with 'happy' memories
Teenagers with happy childhood memories are likely to drink less, take fewer drugs and enjoy learning, according to new research.
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Biologists unravel full sequence of DNA repair mechanism
Researchers have observed the entire sequence in break-induced replication, a method by which organisms from viruses to humans repair breaks in DNA that cannot be fixed otherwise but can introduce or cause genomic rearrangements and mutations contributing to cancer development.
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A microscopic look at aneurysm repair
New research shows that there are two phases of wall restructuring after an aneurysm forms, the first beginning right away to reinforce the weakened points.
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Indian Railways drops extra charges for large goods moving through DFCs
This is a significant shift because the restrictive goods consignment dimensions are cited as one of the reasons for the falling utility of rail freight
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A benchmark for single-electron circuits
Manipulating individual electrons with the goal of employing quantum effects offers new possibilities in electronics. In order to gain new insights into the physical origin and into metrological aspects of the small, but inevitable fundamental uncertainties governed by the rules of quantum mechanics, scientists have collaborated to develop a statistical testing methodology.
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Borderline personality disorder: Don't ignore it
Borderline Personality Disorder is treatable. New research is the first to show that adolescent borderline pathology follows a similar downward course after discharge from inpatient treatment previously demonstrated for adults.
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Dietary adherence and the fight against obesity
While eating less and moving more are the basics of weight control and obesity treatment, finding ways to help people adhere to a weight-loss regimen is more complicated. Understanding what features make a diet easier or more challenging to follow can help optimize and tailor dietary approaches for obesity treatment.
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3-D printed Biomesh minimizes hernia repair complications
A newly-designed 3D-printed Biomesh effectively minimized postsurgical complications of hernia repair in an animal model.
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Protein anchors as a newly discovered key molecule in cancer spread and epilepsy
Certain anchor proteins inhibit a key metabolic driver that plays an important role in cancer and developmental brain disorders. Scientists discovered this molecular mechanism, which could open up new opportunities for personalized therapies for cancer and neuronal diseases.
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Red Fort breached, internet put off: Farmers' tractor rally holds up Delhi
TV news channels flashed images of farmers hoisting flags at Red Fort in the heart of Delhi, with hundreds of them deviating from agreed routes
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India's GDP to contract 8% in fiscal year 2021, says FICCI Survey
India's gross domestic product (GDP) is expected to contract by 8 per cent in 2020-21, according FICCI
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Softbank-backed Grofers expects to achieve Rs 10,000 crore in GMV by March
Grofers expects to be supported by a traction of around 5 million customers during its ongoing sale, a top company official said
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RBI proposals to restrict land financing by NBFCs: India Ratings Report
The Reserve Bank's proposals on restricting specific real estate funding by NBFCs will affect land financing by them, the report said
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Akshay Kumar launches PUBG rival multi-player mobile action game FAU-G
On the occasion of Republic Day, Akshay Kumar launched the mobile action game 'Fearless and United Guards (FAU-G).
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Govt considers easing rules to attract FDI in construction sector: Report
Existing rules include a three year lock-in period before exiting
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JC Flowers, Eight Capital to launch fund to invest in distressed assets
The JCF Fund will be set up as an umbrella variable capital company (VCC) in Singapore to aggregate contributions of international investors for investment in distressed companies in India
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Monday, January 25, 2021
Indian economy may contract by 9.6% in 2020, grow at 7.3% in 2021: UN
In 2020, the world economy shrank by 4.3%, over two and half times more than during the global financial crisis of 2009The modest recovery of 4.7% expected in 2021 would barely offset the losses of 20
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DATA STORY: India adds 9,102 Covid cases, fewer than 10k for first time since June 10
Global tally has topped 100 million, of which 11% cases are in India; at 117, India's single-day toll is the lowest since May 16
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S&P upgrades outlook on Vedanta Resources from 'negative' to 'stable'
Strong operating momentum and sizable free cash flow generation at Vedanta Ltd also improve liquidity at the holding company level
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Bitcoin price seen topping $50,000 over long term as it vies with gold
Predicting a price for Bitcoin is challenging but it's likely to rise longer term as funds and family offices assign 0.5 per cent or 1 per cent of their portfolios to it, Matt Long said
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India's aim of doubling renewable power by 2022 gets foreign backers' boost
For investments to rise more, though, the country may need to fix its ailing power distribution sector
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PM Narendra Modi's govt should not back down on the three farm laws
What's at risk isn't just a couple of laws, but India's commitment to the transition to a more environmentally sustainable and equitable growth model
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LIVE: Farmers' Gantantra Parade' today; traffic chaos around Delhi borders
Farmers' protest LIVE updates: Heavy security has been deployed in view of the unprecedented 'Kisan Gantantra Parade' that will move into Delhi from three border points
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Domino effects and synchrony in seizure initiation
In a brain with a neurological disorder like epilepsy, synchronization between groups of neurons can grow to a dangerous extent when a collection of brain cells begins to emit excess electricity. Researchers used a mathematical model to explore the interplay between neurons that leads to these transitions in synchronization during the onset of seizures.
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Newly discovered subset of brain cells fight inflammation with instructions from the gut
Astrocytes are the most abundant type of cells within the central nervous system (CNS), but they remain poorly characterized. Researchers have long assumed that astrocytes' primary function is to provide nutrients and support for the brain's more closely scrutinized nerve cells; over the years, however, increasing evidence has shown that astrocytes can also actively promote neurodegeneration, inflammation, and neurological diseases.
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Promising way to find new cancer drugs
The enzymes in human cells known as histone deacetylases, or HDACs, are targets for a handful of anticancer drugs because of their ability to affect gene expression. Now, researchers have developed a new method to investigate how these enzymes work on a molecular level. This new method can also help identify more precise possible anti-cancer drug candidates at a very high pace.
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Immune cells found in the brain are behind the depression experienced in inflammation
Special immune cells found in the brain, microglia, play a key role in the processes that make you feel uneasy and depressed in correlation with inflammation. This is the conclusion of a study using mice. The results suggest that microglial cells contribute to the negative mood experienced during several neurological diseases, and maybe also depression.
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First observation of the early link between proteins linked to Alzheimer's disease
Researchers demonstrate, for the first time in humans, how the first deposits of tau proteins in the brainstem are associated with neurophysiological processes specific to the early stages of Alzheimer's disease development.
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Global demand for cancer surgery set to surge
A new modelling study predicts demand for cancer surgery will rise by 52 per cent within two decades, with low-income countries bearing the greatest burden.
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Republic Day 2021 LIVE updates: What to expect in today's celebration
India's 72nd Republic Day celebrations will begins with PM Modi visiting the National War Memorial. Catch LIVE updates on the Republic Day of India 2021 parade and celebrations.
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Watching decision making in the brain
Neuroscientists and engineers have developed a system that can show the neural process of decision making in real time, including the mental process of flipping between options before expressing a final choice.
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Stimulating brain pathways shows origins of human language and memory
Scientists have identified that the evolutionary development of human and primate brains may have been similar for communication and memory.
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Logistics shares gain; Gateway Distriparks zooms 55% in 5 days
Blue Dart Express surged 6 per cent and hit a fresh 52-week high of Rs 4,457, while Gati soared 7 per cent to Rs 96, and was trading close to its 52-week high of Rs 107 on the BSE
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Sunday, January 24, 2021
UCO Bank reports Q3 profit at Rs 35.44 cr on low provisions for bad loans
The Kolkata-based bank had reported a net loss of Rs 960.17 crore during the October-December period of the previous fiscal year
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Peepul Capital-owned Medall Diagnostics plans to go for an IPO in 4 years
Medall's revenue, approximately Rs 400 crore at present, is estimated to increase to Rs 1,000 crore in three to four years
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Indian, Chinese soldiers clash at Sikkim's Naku La, several injured
Naku La, incidentally, was one of the original face-off sites, along with Pangong Tso, Galwan, Gogra, Hot Springs, in early-May last year
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Coronavirus LIVE: Kerala, Maharashtra contribute 56% of total active cases
Coronavirus live updates: Over 1.6 million healthcare workers across India have received shots of Covid-19 vaccine
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LIVE: Indian, Chinese troops clashed last week in Sikkim, says TV Report
Union Home Minister Amit Shah and BJP president Jagat Prakash Nadda will attend the golden jubilee function of Himachal Pradesh Statehood Day. Stay tuned for Latest LIVE news
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DCM Shriram rallies 24% in one week on strong operational performance in Q3
The management said the company has witnessed a sequential improvement in its quarterly performance as the challenges posed by Covid-19 reduced
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Aurobindo gains 5% on govt nod for promotion of manufacturing bulk drugs
Aurobindo Pharma (through Lyfius Pharma) has received government approval for setting up plants for production of Penicillin-G and 7-ACA, under the PLI scheme
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Reliance Industries stock dips 5% post Q3; analysts see up to 21% upside
Reliance Industries' consolidated net profit, of Rs 13,101 crore in the December quarter, jumped 37 per cent sequentially, and beat Street expectations of a 32 per cent QoQ profit improvement
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Reliance Industries stock dips 5% post Q3; analysts see up to 21% upside
Reliance Industries' consolidated net profit, of Rs 13,101 crore in the December quarter, jumped 37 per cent sequentially, and beat Street expectations of a 32 per cent QoQ profit improvement
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NBFC stocks in focus; Chola Investment, Shriram Transport rally up to 8%
In a discussion paper released on its website, the RBI has suggested a four-tier pyramid structure for the sector.
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UltraTech Cement jumps 5%, hits new high on solid December quarter results
The company's net profit more than doubled to Rs 1,584 crore in the quarter ended December 31, 2020
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Gripped by greed, emerging markets turn to the US Fed for next spur
Bloomberg's Fear-Greed indicator for the MSCI developing-nation stock gauge climbed to its highest in almost a decade, a sign that gains may have been excessive
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Gripped by greed, emerging markets turn to the US Fed for next spur
Bloomberg's Fear-Greed indicator for the MSCI developing-nation stock gauge climbed to its highest in almost a decade, a sign that gains may have been excessive
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Stocks to watch: RIL, Tata Motors, YES Bank, L&T, IndusInd Bank, Grasim
Larsen and Toubro is expected to report a strong sequential rebound in performance in Q3FY21 on the back of a healthy order inflow across verticals
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Forget TikTok. Audio-based Clubhouse is social media's next big thing
Since its launch last March, Clubhouse has increasingly become a cultural phenomenon. With its success and prominent backing, it may now be poised to upend the entire social media space
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MARKET LIVE: SGX Nifty gains 100 pts; RIL, L&T, UltraTech Cement in focus
Stock market LIVE updates: Stove Kraft's Rs 413-crore share sale will open for subscription today
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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on
The stock of HUL indicates a positive trend reversal on technical charts
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L&T Q3 results today: Strong order inflow, liquidity management may aid nos
Analysts at HDFC Securities forecast a 71.5 per cent sequential growth in Larsen and Toubro's consolidated net profit at Rs 1,980 crore for the quarter under review
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L&T Q3 results today: Strong order inflow, liquidity management may aid nos
Analysts at HDFC Securities forecast a 71.5 per cent sequential growth in Larsen and Toubro's consolidated net profit at Rs 1,980 crore for the quarter under review
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L&T Q3 results today: Strong order inflow, liquidity management may aid nos
Analysts at HDFC Securities forecast a 71.5 per cent sequential growth in Larsen and Toubro's consolidated net profit at Rs 1,980 crore for the quarter under review
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Best of BS Opinion: Correct course on tariffs, regulating NBFCs, and more
Here's a selection of Business Standard opinion pieces for the day
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Global diamond trade is roaring back thanks to stuck-at-home shoppers
The boom is being driven by bumper holiday jewelry sales, particularly in the vital US and Chinese markets.
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Reliance Industries spins off oil-to-chemical business into new unit
O2C unit holds the firm's oil refinery and petrochem assets and retail fuel business but not upstream oil & gas producing fields such as KG-D6 and textiles business.
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Luminous aims Rs 6,000-cr turnover by FY25, to invest Rs 500 cr in 3 yrs
Luminous Power aims to achieve a target of Rs 6,000 crore turnover in the next five years, helped by its solar and the home electrical businesses, said a top company official
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Reliance Industries spins off oil-to-chemical business into new unit
Billionaire Mukesh Ambani's Reliance Industries completed spin-off of the firm's oil-to-chemical business into a new unit that will help it pursue growth opportunities with strategic partnerships
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NIIF equity investments average less than Rs 1,000 cr in past 5 years
NIIF has invested of Rs 4,689 cr since December 2015 inception, while the co-investment by its partners stood at about Rs 7,053 crore at the end of September 2020
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Ladakh: Indian, China hold ninth round of senior military-level talks
The ninth round of high-level military talks began at around 10 am at Moldo border point on the Chinese side of the Line of Actual Control (LAC) in eastern Ladakh
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Protesting farmers assure peaceful Kisan Gantantra Parade on Jan 26
Protesting farmers at Tikri border on Sunday assured that they will hold peaceful tractor rallies on January 26 to mark 'Kisan Gantantra Parade'
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Pakistan approves emergency use of Russia's Sputnik V Covid-19 vaccine
Pakistan has authorised the emergency use of Russia's Sputnik V, the third anti-Covid-19 vaccine approved by the country against the deadly coronavirus, authorities said on Sunday
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FPIs remain net buyers with 18,456 crore investment in Jan so far
Overseas investors pumped in Rs 24,469 crore into equities but pulled out Rs 6,013 crore from the bonds market between January 1-22
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People who recovered from Covid could be immune to virus' variants: Study
People who recover from COVID-19 are protected against the novel coronavirus for at least six months, and likely much longer, according to a study
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Saturday, January 23, 2021
Yes Bank at 'peak' of asset quality stress; has 'many positives': CEO
Yes Bank has reached the "peak" of asset quality stress after reporting heightened challenges in Dec quarter earnings, even though there can be a jump in the GNPA ratio in March quarter
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How fastest vaccine rollouts by small countries is fuelling market gains
The fastest Covid-19 vaccination rollouts globally, in Israel and the United Arab Emirates, are propelling their equities to the top of the world in 2021
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M-cap of 4 of 10 most valued firms jumps over Rs 1.15 trn; RIL gains most
The valuation of Reliance Industries Limited jumped Rs 71,033.44 crore to reach Rs 12,99,363.47 crore, becoming the biggest gainer
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Facebook says 'configuration change' at back-end logged out some users
A so-called configuration change at the back-end forced some Facebook users to log out of their accounts unexpectedly, according to the social network.
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DATA STORY: India's active Covid cases down 82% from peak; 0.114% population inoculated
India on Saturday conducted 781,752 coronavirus tests to take the total count of tests conducted so far in the country to 191,766,871. The test positivity rate recorded was 1.9%
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Online grocery to grow 8 times in 5 years in India, JioMart big gainer
As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a potential to disrupt the space, the next big thing is delivery of groceries online
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Crypto industry has 'wind in its sails', 8 companies eye public offerings
Bitcoin has come off its highs after it crossed $40,000 this month, but is still up about 16% this year.
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Morgan Stanley CEO's annual pay rises by over 20% after bank's success
Under James Gorman, Morgan Stanley produced net income of $11 billion, compared with $9 billion a year ago.
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Luxury carmakers rev up in India, plan over 50 new models after Covid pain
With over 50 new launches this year, super-premium marques are taking a calculated bet on the Indian market that touched a decadal low in 2020
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Crypto industry has 'wind in its sails', 8 companies eye public offerings
Bitcoin has come off its highs after it crossed $40,000 this month, but is still up about 16% this year.
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Around 25,000 tractors to participate in 'kisan parade' on Republic Day
Routes of the rally will be decided by the police of Uttar Pradesh, Delhi and Haryana and details will be released by the Sanyukt Kisan Morcha after a final decision, Tikait said
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Luxury carmakers rev up in India, plan over 50 new models after Covid pain
With over 50 new launches this year, super-premium marques are taking a calculated bet on the Indian market that touched a decadal low in 2020
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Pakistan close to approving Russia's Sputnik vaccine as Covid cases rise
The country has already ordered 1.2 million doses from Chinese state-backed vaccine developer Sinopharm.
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Davos ski resort eerily quiet without World Economic Forum this year
Streets of little Alpine town lie deserted as annual meeting of business chiefs, political thinkers and national leaders moves online.
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Customary 'Halwa Ceremony' kickstarts process of compiling Budget documents
Finance Minister Sitharaman, Minister of State for Finance Anurag Thakur and senior officials of the finance ministry participated in the symbolic ceremony
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Coal India says geared up to meet surge in fuel demand from power sector
State-owned Coal India Ltd said that it is well geared to meet any surge in demand for coal from the power sector
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Vijay Mallya applies for 'another route' to stay in UK, says his lawyer
Vijay Mallya, who is due to be extradited to India, has applied for 'another route' to be able to stay in the UK
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UltraTech Cement Q3 net profit more than doubles to Rs 1,584 crore
Increased sales on pick-up in demand helped strengthen bottomline
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WHO chief thanks PM Modi for 'continued support' to global Covid response
WHO chief Tedros Adhanom Ghebreyesus on Saturday thanked Prime Minister Narendra Modi
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UltraTech Cement Q3 net profit more than doubles to Rs 1,584 crore
Increased sales on pick-up in demand helped strengthen bottomline
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GM warns Maharashtra's move to block its exit could hit investment
GM said it planned to seek a reversal of the state's order as soon as possible
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Lalu to be shifted to AIIMS-Delhi as health condition deteriorates
Lalu was undergoing treatment at a hospital in Ranchi, officials said on Saturday
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GM warns Maharashtra's move to block its exit could hit investment
GM said it planned to seek a reversal of the state's order as soon as possible
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Adani Group says being targeted through false propaganda, online campaign
The group said it will take actions such as filing court cases to protect its interests
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Maruti Suzuki's hatchback Swift India's 'best-selling' car model in 2020
The firm said its hatchback Swift has emerged as the best selling car model in India in 2020 with 1,60,700 units
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India, China to hold ninth round of talks to resolve border dispute
Earlier this month, Indian Army chief General Manoj Mukund Naravane had said that the force is ready for a long haul along the Line of Actual Control (LAC)
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Mamata slams Centre for abolishing plan panel 'conceptualised by Netaji'
Banerjee on Saturday criticised the Centre for abolishing the Planning Commission
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Tata Power Solar wins Rs 1,200 cr order from NTPC to set up 320 MW project
The order value of the project is approximately Rs 1,200 crore ( USD 162 million). The commercial operation date for this project is set for May 2022
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Telcos want govt to clarify onus of security breach post NSD rollout
Under the current rules, telecom operators are held responsible if there is any security breach in their network
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Friday, January 22, 2021
With fourth hike in a week, petrol, diesel prices touch all-time highs
Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies
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DATA STORY: At 185,662, India's active Covid cases now just 1.75% of its tally
India on Friday conducted 837,095 coronavirus tests to take the total count of tests conducted so far in the country to 190,985,119. The test positivity rate recorded was 1.7%
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Over 1,200 adverse events in US after receiving Moderna Covid-19 vaccine
The US Food and Drug Administration issued an Emergency Use Authorization for Moderna Covid-19 vaccine on December 18, 2020, administered as 2 doses, 1 month apart to prevent Covid-19
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BS Reads: Lessons for India Inc from cricket win and slow vaccine embrace
While Team India's can-do attitude in the face of imminent loss got them top honours, Serum and Bharat Biotech failed to gauge the impact of exogenous factors on two high-potential health products
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Ambani's Reliance Jio doubles down on 5G service pledge after record profit
The group's wireless operator, Reliance Jio Infocomm Ltd. -- India's largest -- has started advance tests to prepare the fifth-generation, high-speed network
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Ambani's Reliance Jio doubles down on 5G service pledge after record profit
The group's wireless operator, Reliance Jio Infocomm Ltd. -- India's largest -- has started advance tests to prepare the fifth-generation, high-speed network
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Latest news LIVE Budget 2021: Customary halwa ceremony to be held today
The customary halwa ceremony marks the process of printing documents for the Union Budget. Stay tuned for Latest LIVE news
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Coronavirus expected to kill over 6,00,000 people in US: Joe Biden
Biden said The United States' death toll from COVID-19 is likely to top 5,00,000 next month
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Thursday, January 21, 2021
Cartilage matrix as natural biomaterial for cartilage regeneration
A working group develops strategies for regeneration of articular cartilage and has found that natural cartilage matrix is suitable as a biomaterial for improved cartilage regeneration.
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Balancing brain cell activity
Electrical trigger sites in neurons surprisingly change with experience; they are either becoming smaller with increasing number of experiences and, vice versa, they grow larger when less input arrives in the brain.
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What happens to your body during tailgating
Researchers simulated a tailgating situation with a small group of overweight but healthy men and examined the impact of the eating and drinking on their livers using blood tests and a liver scan.
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See how they run: 'Exercise protein' doubles running capacity, restores function and extends healthy lifespans in older mice
A new study shows that humans express a powerful hormone during exercise and that treating mice with the hormone improves physical performance, capacity and fitness. Researchers say the findings present new possibilities for addressing age-related physical decline.
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Bull Spread strategy on Britannia by Nandish Shah of HDFC Securities
Short term trend of the stock has turned positive where the stock price is trading above all important short-term moving averages
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MARKET LIVE: SGX Nifty signals weak start; RIL to announce Q3 results today
A total of 41 companies, including Reliance Industries, Yes Bank, and HDFC Life Insurance Company, scheduled to announce their quarterly earnings
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Franklin Templeton's closures reflect poorly on India's capital markets
Failures like IL&FS, Yes Bank and Templeton have been absorbed by the Indian financial system, but at a cost
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Franklin Templeton's closures reflect poorly on India's capital markets
Failures like IL&FS, Yes Bank and Templeton have been absorbed by the Indian financial system, but at a cost
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Coronavirus LIVE: India cases at 10,625,420; almost 1 million vaccinated
Coronavirus live updates: India has given the first dose of covid antidote to almost 800,000 beneficiaries five days into the nation-wide vaccination drive
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Latest news LIVE updates Karnataka: 8 dead in blast at quarry in Shivamogga
Eight people were killed in an explosion at a blast at a stone mining quarry in Karnataka's Shivamogga district. Stay tuned for Latest LIVE news
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World loves Joe Biden but is losing faith in America, says survey
President Joe Biden is popular across much of the world and expected to provide greater U.S. leadership on issues such as fighting Covid, terrorism and climate change, a new multi-nation survey shows
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Bitcoin slumps nearly 10% as pullback from record high gathers pace
The world's most popular cryptocurrency Bitcoin was last down 10.6% at $31,724. It has lost about 27% of its value after touching a record $42,000 on Jan. 8
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Sebi slaps Rs 1-crore fine on HDFC Bank in BRH Wealth Kreators case
The bank has been directed to transfer Rs 158.68 crore along with 7 per cent interest per annum into an escrow account till the issue of settlement of clients' securities is reconciled, Sebi said
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NSE remains world's largest derivatives exchange for 2nd consecutive year
In addition, the bourse has been ranked fourth in the world in cash equities by number of trades by the World Federation of Exchanges (WFE) for calendar year 2020, NSE said in a statement on Thursday
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Tiny high-tech probes reveal how information flows across the brain
A new study collected and analyzed the largest single dataset of neurons' electrical activity to glean principles of how we perceive the visual world around us. The study captures the hundreds of split-second electrical signals that fire when an animal is interpreting what it sees.
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The physics behind tumor growth
Researchers have developed a predictive theory for tumor growth that approaches the subject from a new point of view. Rather than focusing on the biological mechanisms of cellular growth, the researchers instead use thermodynamics and the physical space the tumor is expanding into to predict its evolution from a single cell to a complex cancerous mass.
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CRISPR technology to cure sickle cell disease
A new article reports two patients appear to have been cured of beta thalassemia and sickle cell disease after their own genes were edited with CRISPR-Cas9 technology. The two researchers who invented this technology received the Nobel Prize in Chemistry in 2020.
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Message in a bottle: Info-rich bubbles respond to antibiotics
Researchers describe the effects of antibiotics on membrane vesicles, demonstrating that such drugs actively modify the properties of vesicle transport. Under the influence of antibiotics, MVs were produced and released by bacteria in greater abundance and traveled faster and further from their origin. The work sheds new light on these important information-carrying entities, implicated in many cellular communication processes, including antibiotic resistance.
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Estrogen receptors in mom's placenta critical during viral infection
A team of researchers has found a mechanism that protects a fetus from harm when the mother's innate immune system responds to a viral infection. Inflammation that would harm the fetus is dampened by a cell-surface estrogen receptor called GPER1 that is especially abundant in the placenta and fetal tissues.
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Franklin Templeton's closures reflect poorly on India's capital markets
The courtroom drama over shutting down six of Franklin Templeton's local Indian mutual funds will soon end, but the denouement shines an unkind light on how the country is running its capital markets
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LIVE: Farmers reject govt's proposal to put farm laws on hold for 1.5 years
Farmers' protest LIVE updates: The 11th round of talks between Centre and the representatives of the agitating farmers is scheduled to take place today
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Govt can look to provide tax deduction for employees working from home: PwC
Following the outbreak of COVID pandemic early last year, many companies adopted a work from home policy for their employees.
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Average apartment size in the top 7 cities grows 10% in 2020: Report
The year 2017 saw the maximum decline. Apartment size fell from an average of 1,440 sq. ft in 2016 to 1,260 sq. ft in 2017
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Wednesday, January 20, 2021
RIL hits over 2-month high on Sebi nod to Future Group-Reliance Retail deal
Sebi gave a go-ahead to Future Group's scheme of arrangement and sale of assets to Reliance
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Asian stocks at record highs as Biden inauguration lifts stimulus hopes
The Biden administration is expected to push through a nearly $2 trillion U.S. fiscal stimulus plan
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HDFC Ltd signs agreement to sell 24.48% stake in Good Host for Rs 232.81 cr
HDFC had acquired 25.01 per cent stake in Good Host in August 2018 for Rs 69.5 crore
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Hyundai invests in startup UVeye for automated vehicle inspection system
The Tel Aviv-based UVeye said it has raised more than $40 million from Hyundai Motor and other strategic investors since its launch four years ago
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Havells India surges 6%, hits new high on strong December quarter results
The company said the supply chain disruption faced by suppliers with high import dependence has further supported market share gains
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Sensex touching 50,000 was not a question of 'whether' but 'when'
A prudent investor, is one who has control over this thoughts and expectations. One should decide how much is enough and most importantly not regret moving out
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Sensex touching 50,000 was not a question of 'whether' but 'when'
A prudent investor, is one who has control over this thoughts and expectations. One should decide how much is enough and most importantly not regret moving out
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Stocks to watch: RIL, Axis Bank, Bajaj Auto, Bajaj Finance, Lauras Labs
Competition Commission of India approved the acquisition of stake in Max Life Insurance by Axis Bank, Axis Capital and Axis Securities
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IndiGo tightens grip in India by swift recovery, targets growth abroad
The airline is now the world's seventh biggest by capacity and the largest outside the United States and China
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Indigo Paints or Home First Finance, which IPO is a safe investment bet?
In this podcast, Mr Vinod Nair, Head of Research at Geojit Financial Services and Mr. Ajit Mishra, VP Research, Religare Broking discusses and compares the IPOs of Indigo Paints and Home First Finance
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Stock Exchange clears $3.4 bn Future-Reliance deal in setback for Amazon
SEBI has advised that Future should share various details of company's ongoing litigation with Amazon when it approaches India's National Company Law Tribunal
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IndiGo tightens grip in India by swift recovery, targets growth abroad
The airline is now the world's seventh biggest by capacity and the largest outside the United States and China
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Bajaj Auto Q3 preview: Profit may rise over 10% on volume, ASP growth
Bajaj Auto's stock gained 15.36 per cent in the December quarter as compared to 22.46 per cent rally in the Nifty50 index in the same period
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Bajaj Auto Q3 preview: Profit may rise over 10% on volume, ASP growth
Bajaj Auto's stock gained 15.36 per cent in the December quarter as compared to 22.46 per cent rally in the Nifty50 index in the same period
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MARKET LIVE: Indices to hit record highs at open; Bajaj Auto, RIL in focus
Stock market LIVE updates: A third IPO for this week by Home First Finance would open for subscription today
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MARKET LIVE: Indices to hit record highs at open; Bajaj Auto, RIL in focus
Stock market LIVE updates: Asian Paints, Bajaj Auto, MCX India, SBI Cards and Payment Services, Bandhan Bank and Biocon are among 57 firms set to post their December quarter numbers today
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Coronavirus LIVE: India cases at 10,611,719; almost 800,000 vaccinated
Coronavirus live updates: India has given the first dose of covid antidote to almost 800,000 beneficiaries five days into the nation-wide vaccination drive
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LIVE: Govt ready to halt farm laws for 1.5 yrs, farmers to decide today
Farmers' protest LIVE updates: The government on Wednesday proposed to suspend the three contentious farm laws for one and half year
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LIVE: Devotees can now enter Jagannath temple without Covid negative report
Devotees can go inside Lord Jagannath temple from today without a mandatory requirment of showing Covid-19 negative report. Stay tuned for Latest LIVE news
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Near-term gains in gold, silver limited amid dollar strength: Bhavik Patel
Gold will trade in range until market gets more clarity on the new Joe Biden-administration's policies
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Nifty needs to hold 14,500 to sustain upside: Gaurav Garg of CapitalVia
Nifty50 can witness profit booking only if it breaks level of 14,500
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Indigo Paints IPO subscribed 2x on Day-1, gets bids for 10.5 mn shares
IPO consists of Rs 300 crore in fresh fund raise and Rs 870 cr of secondary share sale. issue closes Friday
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IndiGo tightens grip in India and targets growth abroad amid pandemic
NEW DELHI/SYDNEY (Reuters) - India's IndiGo has emerged as one of the world's biggest airlines by capacity, aided by a swift recovery in the domestic aviation market to nearly 80% of pre-pandemic levels and the financial strength to boost market share as rivals struggle.
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Tuesday, January 19, 2021
Alembic Pharma extends decline on mixed December quarter results
Motilal Oswal Securities said Alembic Pharma missed Q3FY21 earnings estimate, weighed by lower-than-expected sales in the US
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Ceat rallies 10% in 2 days, hits fresh 52-week high on strong Q3 results
The management said there is expected to be some margin pressure in the next quarter due to increasing raw material prices
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Banking on Budget: The five areas of focus for FM Nirmala Sitharaman
Given the series of policy announcements made by Finance Minister Nirmala Sitharaman in the last 9 months it is reasonable not to expect more this time
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Banking on Budget: The five areas of focus for FM Nirmala Sitharaman
Given the series of policy announcements made by Finance Minister Nirmala Sitharaman in the last 9 months it is reasonable not to expect more this time
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Stocks to watch: Bajaj Finance, Federal Bank, Tata Comm, Garden Reach
Rakesh Jhunjhunwala reduced stake in Federal Bank to 2.4 per cent from 2.71 per cent during the third quarter of FY21
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Budget 2021 needs to restore millions of lost jobs to boost demand
India's Finance Minister Nirmala Sitharaman has described her upcoming budget as unlike anything seen in the last 100 years
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Netflix forecasts an end to borrowing for financing projects, shares surge
Netflix said it will explore returning excess cash to shareholders via share buybacks. It plans to maintain $10 billion to $15 billion in gross debt
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Tesla might face a bumpier ride breaking into India after China success
Elon Musk all but confirmed Tesla will enter India, sparking jubilation among fans, some of whom have had electric cars on order for years. But it may prove the company's hardest market to crack yet
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Coronavirus LIVE: 198,596 active cases in India; vaccination target missed
Coronavirus live updates: Till now 454,049 people have been vaccinated in India. Globally, 96.6 million people have been infected, of which, 10,596,442 are in India
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LIVE: Trump presidency ends today; Joe Biden to be sworn in as 46th US Prez
The incumbent US President, Donald Trump, is expected to spend his last full day in office issuing a number of pardons. Stay tuned for Latest LIVE news
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MARKET LIVE: Tepid start on cards; Indigo Paints IPO to open today
Stock market LIVE updates: A total of 36 companies Bajaj Finance, Bajaj Finserv, HDFC Asset Management Company, and Havells India are set to announce their quarterly results today
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MARKET LIVE: Tepid start on cards; Indigo Paints IPO to open today
Stock market LIVE updates: A total of 36 companies Bajaj Finance, Bajaj Finserv, HDFC Asset Management Company, and Havells India are set to announce their quarterly results today
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A surge in bad debt is set to further worsen India's shadow bank crisis
Non-performing assets already swelled in the most recent data to the highest in at least five years, at 6.3% as of March 2020 even before the worst of the pandemic impact, the RBI said
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Farmers' protest LIVE: SC hearing today on farmers' tractor rally on R-Day
Farmers' protest LIVE updates: The 10th round of talks between Centre and the representatives of the agitating farmers is scheduled to take place at 2 pm today
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Lupin, Reliance Industries: Stock picks by Ajit Mishra of Religare Broking
We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors
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Indigo Paints IPO opens for subscription today: Analysts give thumbs up
Indigo Paints is the fastest-growing paints company in India in terms of revenues, in a highly oligopolistic paint market.
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Nifty outlook & stock picks by Vinay Rajani: Buy Ashok Leyland, Tata Steel
The Nifty50 has recovered more than 62 per cent of the entire fall which was registered from 14,653 to 14,222
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Research identifies genetic risk factor for stroke
A team of researchers has identified a common genetic variant as a risk factor for stroke, especially in patients older than 65.
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Alcohol consumption linked to portion of cancer incidence and mortality, report shows
A new study finds that alcohol consumption accounts for a considerable portion of cancer incidence and mortality in all 50 states and the District of Columbia.
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Unlocking 'the shape of water' in mechanisms of antibiotic resistance
Researchers captured and comparted hi-res images of ribosome structures from sensitive and resistant bacteria and report that a water molecule needed for antibiotic binding was not present in the ribosomes from the drug-resistant bugs.
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Potential COVID-19 drug is successful in lab study
A new therapy is showing success as a way to prevent COVID-19 symptoms in mice.
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Appearance, social norms keep students off Zoom cameras
Researchers surveyed 312 students found that while some students had concerns about the lack of privacy or their home environment, 41% of the 276 respondents cited their appearance, as their reason not to switch on their cameras on zoom.
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ALS study reveals a unique population
The secrets long hidden in the DNA of patients with amyotrophic lateral sclerosis (ALS) living in Malta have been unlocked, according to a new study.
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Monday, January 18, 2021
Google, Lightbox, others invest $40 mn in e-comm, delivery startup Dunzo
Dunzo witnessed a robust growth amid the Coronavirus (Covid-19) pandemic and is now a $100 million annualised GMV value business
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Damanis hike stake in India Cements in Q3 to 21%; stock jumps 6%
The Damani family have been steadily increasing their holding in India Cements
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Google, Lightbox, others invest $40 mn in e-comm, delivery startup Dunzo
Dunzo witnessed a robust growth amid the Coronavirus (Covid-19) pandemic and is now a $100 million annualised GMV value business
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Dunzo raises $40 million in funding from Google, Lightbox and others
The funding round saw participation from new and existing investors, including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria, among others
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L&T Finance Holdings' rights issue to open on Feb 1; stock surges 7%
The company has fixed January 22, 2021 as record date to determine the equity shareholders entitled to receive the rights entitlement in the rights issue.
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Nifty Realty index surges 5%; Indiabulls Real Estate, DLF rally up to 13%
Indiabulls Real Estate said the affordability of real estate is at a multi-year high with declining interest rates
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Mindtree gains 6% on healthy Q3 results; here's what brokerages say
The management said the company was witnessing strong business momentum across all verticals with a significant demand for cloud, data and analytics capabilities
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Stocks to watch: Mindtree, Maruti, Adani Green, YES Bank, Apollo Hospitals
The promoter of Adani Green Energy, Adani Trading Services LLP, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm
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World on brink of catastrophic moral failure: WHO on vaccine distribution
"More than 39 mn doses of vaccine have been administered in 49 higher-income countries. Just 25 doses have been given in one lowest-income country. Not 25 mn; not 25 thousand; just 25," said Tedros
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India to gift 2 mn doses of Covid-19 vaccine 'Covishield' to Bangladesh
Bangladesh's health minister Zahid Maleque speaking at a press conference earlier today in Dhaka said, "Indian government will send some Covid vaccines to Bangladesh as a gift"
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MARKET LIVE: SGX Nifty jumps 100 pts; Maruti, Mindtree, L&T Fin in focus
Stock market LIVE updates: Maruti Suzuki increased the price for select models by up to Rs 34,000 to offset adverse impact of rising input costs with effect from January 18
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MARKET LIVE: SGX Nifty jumps 100 pts; Maruti, Mindtree, L&T Fin in focus
Stock market LIVE updates: Maruti Suzuki increased the price for select models by up to Rs 34,000 to offset adverse impact of rising input costs with effect from January 18
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Stock calls by Nilesh Jain of Anand Rathi: Buy Titan, Sell Bajaj Finance
Bajaj Finance stock earlier formed a "double top" formation and, since then, has been witnessing a continuous fall
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PVR in talks with producers to release films in theatres as virus eases
The country's biggest cinema operator, which runs about 835 screens across 71 cities, is currently operating most theaters at half capacity due to Covid-related restrictions
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PVR in talks with producers to release films in theatres as virus eases
The country's biggest cinema operator, which runs about 835 screens across 71 cities, is currently operating most theaters at half capacity due to Covid-related restrictions
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Ultra long bonds are back in force as rock-bottom rates create sweet spot
For borrowers, it's a no-brainer -- selling ultra-long debt allows them to lock in interest rates squashed to historically low levels by central bank stimulus
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Salesforce Ventures leads funding round of $15 mn in tech startup Darwinbox
Darwinbox is a human resources technology platform and its technology powers more than 500 global enterprises with over 1 million employees spread across 60 countries
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PVR in talks with producers to release films in theatres as virus eases
The country's biggest cinema operator, which runs about 835 screens across 71 cities, is currently operating most theaters at half capacity due to Covid-related restrictions
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Salesforce Ventures leads funding round of $15 mn in tech startup Darwinbox
Darwinbox is a human resources technology platform and its technology powers more than 500 global enterprises with over 1 million employees spread across 60 countries
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Coronavirus LIVE: India sees less than 10000 new cases; tally at 10,582,647
Coronavirus live updates: India has so far vaccinated 380,000 people. Globally, nearly 96 million people have been infected, of which, 10,572,672 are in India
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Farmers' protest LIVE: SC-appointed panel to hold its first meet today
Farmers' protest LIVE updates: A Supreme Court-appointed panel to resolve the crisis is scheduled to hold its first meeting today
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LIVE: Won't lift Covid travel bans despite Trump statement, says Biden team
Melania Trump, in her farewell speech, urged the people to be "passionate in everything" but never resort to violence. Stay tuned for Latest LIVE news
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Tech entrepreneur Atul Jalan to take his AI company Algonomy public in 2023
His firm Manthan Software and San Francisco-headquartered RichRelevance have completed their merger to form a new, rebranded AI firm Algonomy
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Sunday, January 17, 2021
Indian Energy Exchange rallies 8%, hits new high ahead of Q3 results
The company's board will, on Thursday, also consider declaration of interim dividend to the members of the company for FY21
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Reliance to embed e-commerce app into WhatsApp within six months: Report
The move to integrate JioMart with WhatsApp will allow hundreds of millions of users to order products from Reliance without having to leave the app
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OPPO Reno 5 Pro 5G India launch at 12:30pm: Livestream info, expected specs
Successor to the Reno 4 Pro, the OPPO Reno 5 Pro 5G is touted to be a camera-centric smartphone with industry-first AI highlight video feature
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Tata Elxsi jumps 7% as FPIs hike stake in Q3; stock surges 177% in 6 months
In the past two quarters, FPIs have increased their stake in the company by 2.08 percentage points
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Adani airports in Ahmedabad, Lucknow and Mangaluru get ACI accreditation
The evaluation process by ACI under the AHA programme is carried out after reviewing the evidence presented based on 118 checks
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DATA STORY: India reports fewest Covid deaths in a day since May 20
With 33,120 more vaccinations on Sunday, the number of people inoculated across India reached 224,301; total number of tests dropped to 548,168, the fewest in a day since Aug 9
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HDFC Bank gains 2%, hits new high on steady December quarter performance
Asset quality remained healthy with gross non-performing assets falling 27 bps sequentially to 0.81 per cent in Q3FY21
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China's economy grows 2.3% in 2020 as rebound from coronavirus gains pace
Growth in the three months ending in December rose to 6.5 per cent over a year earlier, up from the previous quarter''s 4.9 per cent, according to official data released Monday
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Metropolis Healthcare to acquire Chennai-based diagnostic lab for Rs 511 cr
Metropolis will acquire 100 per cent equity of Dr Ganesan's Hitech Diagnostic Centre in a cash and stock deal
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Edelweiss chief Radhika Gupta bullish on Indian stocks unfazed by prices
Gupta, the only female chief executive officer of a major asset manager in India, says it's "risky to be underweight equities" at a time when local stocks remain "heavily" driven by liquidity
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Oil prices drops 1% as rising coronavirus cases end supply-led rally
US oil was down by 43 cents, also nearly 1%, at $51.93 a barrel, having declined 2.3% in the previous trading session
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Stocks to watch: HDFC Bank, Metropolis Healthcare, Wipro, Airtel, DHFL
Metropolis Healthcare said it will acquire Dr Ganesan's Hitech Diagnostic Centre
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China's Q4 GDP grows 6.5% y-o-y, beats expectations as recovery gains pace
The gross domestic product (GDP) growth was faster than the 6.1% forecast by economists in a Reuters poll, and followed 4.9% growth in the third quarter
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Top headlines: WhatsApp defers privacy terms, low turnout for Covid shot
From WhatsApp deferring privacy terms to low turnout for the Covid shot, Business Standard brings you the top headlines
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MARKETS: Weak start on cards; IRFC IPO opens today; HDFC Bk, DHFL in focus
Stock market LIVE updates: The three-day initial public offer (IPO) of Indian Railway Finance Corporation (IRFC) will open today, and will culminate on Wednesday, January 20
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MARKETS: Weak start on cards; IRFC IPO opens today; HDFC Bk, DHFL in focus
Stock market LIVE updates: The three-day initial public offer (IPO) of Indian Railway Finance Corporation (IRFC) will open today, and will culminate on Wednesday, January 20
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IRFC IPO: Six reasons why you should subscribe to the issue
Investors can apply for IRFC's IPO in lots of 575 shares, and in multiples thereof
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IRFC IPO: Six reasons why you should subscribe to the issue
Investors can apply for IRFC's IPO in lots of 575 shares, and in multiples thereof
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Coronavirus LIVE: 224,301 vaccinated in India; Delhi schools to reopen
Coronavirus live updates: India has so far vaccinated 224,301 people from the priority group. Globally, more than 95.4 million people have been infected, of which, 10,572,672 are in India
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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on
The chart looks attractive for further upside movement in SPARC with the RSI indicator also showing a trend reversal
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Farmers' protest LIVE: SC hearing on farmers' tractor rally on R-Day today
Farmers' protest LIVE updates: A day before the SC hearing, agitating farmer unions remained firm on holding a tractor rally on the Republic Day
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Latest news LIVE updates: Delhi, Rajasthan schools to reopen from today
After being closed for nearly 10 months due to the Covid-19 pandemic, schools in Delhi and Rajasthan are set to reopen from today for students of Classes 10 and 12. Stay tuned for Latest LIVE news
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IND vs AUS LIVE SCORE 4th Test Day 4: Warner, Harris put up 50 run stand
David Warner has been playing his shot as Australia's lead soared to 95 runs. Check India vs Austalia live score and match updates Here
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Most Indian IT firms to post high single-digit growth in 2021: Balakrishnan
The year 2021 will be good for India's information technology sector and most of the companies in the space are expected to clock high single digit growth, said industry veteran V Balakrishnan
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World Coronavirus Dispatch: How virus-laden aerosols flow inside a car
IMF chief urges green investment in post-virus recovery, Second wave surges across Africa, Japan's suicide rate up 16% in second wave and other pandemic-related news across the globe
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Excise duty collection jumps 48% this fiscal on record hike in fuel taxes
While the pandemic pummelled tax collection across the board, excise duty mop-up jumped 48 per cent in the current fiscal on the back of a record increase in taxes on petrol and diesel
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DATA STORY: After Day 1, India's vaccination stood at 1.81% of its total Covid tally
India now accounts for 0.83% of all active cases globally (one in every 120 active cases), and 7.49% of all deaths (one in every 13 deaths)
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Bank credit grows 3.2% to Rs 107 trillion in first nine months of FY21
Bank credit grew 3.2 per cent to Rs 107.05 trillion in the first nine months of the current financial year, against a growth of 2.7 per cent registered in the corresponding period of 2019-20
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CEO who calls himself 'performance psychopath' takes over new auto empire
Carlos Tavares will lead Stellantis NV, the merged behemoth of Fiat Chrysler Automobiles NV and PSA Group. He doesn't tolerate meetings starting late or dragging on.
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CEO who calls himself 'performance psychopath' takes over new auto empire
Carlos Tavares will lead Stellantis NV, the merged behemoth of Fiat Chrysler Automobiles NV and PSA Group. He doesn't tolerate meetings starting late or dragging on.
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The San Francisco exodus: Here's why tech companies, workers are packing up
Remote work offered a chance at residing for a few months in towns where life felt easier
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Saturday, January 16, 2021
With Samsung 'at crossroads', heir Jay Y Lee looks to make his mark
On Monday, he faces sentencing on a bribery charge that could sideline him from the world's largest smartphone and memory chip maker
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Delhi begins Covid-19 vaccination drive; 4,300 heatlhcare workers get shots
January 16 saw many health care workers lining up to be the first to take vaccines despite the controversy surrounding them
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Six of top 10 most-valued firms add Rs 1.13 trn in m-cap; TCS, Airtel lead
Bharti Airtel''s market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore
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Six of top 10 most-valued firms add Rs 1.13 trn in m-cap; TCS, Airtel lead
Bharti Airtel''s market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore
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20 Indian-Americans get key roles in Joe Biden administration
Biden has either nominated or named at least 20 Indian Americans, including 13 women, to key positions in his administration
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Pfizer vaccine worries Norway as 29 elderly people die after taking shot
The latest figure adds six to the number of known fatalities in Norway, and lowers the age group thought to be affected to 75 from 80
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NIA summons farmer leader, actor for questioning in Sikhs for Justice case
Deep Sidhu had shared the letter on the social media platform, Facebook on January 16
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Man arrested with handgun, ammunition at Washington DC checkpoint
Police have arrested a man with a handgun and 500 rounds of ammunition at a checkpoint in Washington set up ahead of President-elect Joe Biden's inauguration
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LIVE: PM Modi to flag off eight trains near Statue of Unity at 11 am
Latest News LIVE: Kevadiya station is India's first railway station with a Green Building Certification. Stay tuned for Latest LIVE news updates
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Coronavirus LIVE: India Covid cases reach 10,558,710; death toll 152,311
Coronavirus live updates: Globally, more than 94 million people have been infected, of which, 10,558,710 are in India
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Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO
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With 73,642 new daily recoveries, the most so far, India's recovery rate has improved to 77.32%, while death rate has come down to 1.72%...
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Modi said political stability through a massive mandate for his government alongside predictable policy provides a unique opportunity for In...