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Wednesday, October 28, 2020

Business News

Maintain existing explorers’ license in new law: Mining industry

New Delhi, Oct 27 (IANS) The mining industry has once again sought the government's intervention to prevent denial of mining rights to existing explorers...

Long-steel makers face up to 100 bps hit on profitability

New Delhi, Oct 28 (IANS): Secondary long-steel producers may sustain their credit profiles this fiscal despite facing up to 100 basis points decline in profitability...

Futures Retail anticipates liquidation if deal with RIL fails

New Delhi, Oct 27 (IANS): As a Singapore arbitration court has temporarily halted the acquisition process of Future Group's retail business by Reliance Retail, there...

Amazon flexes muscles but Reliance holds deep war chest

New Delhi, Oct 27 (IANS) The face-off between Mukesh Ambani-led Reliance Industries Ltd (RIL) and Jeff Bezos-run behemoth Amazon over the retail assets of...

Consumers may get relief on petrol, diesel prices ahead of Diwali

New Delhi, Oct 27 (IANS) Consumers can cheer as oil marketing companies (OMC) may actually bring down the retail prices of petrol and diesel...

Microsoft, Accenture to nurture startups by social entrepreneurs

New Delhi, Oct 27 (IANS) Microsoft and Accenture on Tuesday announced to expand a joint initiative announced earlier this year to support startups that...

RBI notifies interest waiver scheme: Directs banks, NBFCs to comply

New Delhi, Oct 27 (IANS) The Reserve Bank of India (RBI) has notified the Centre's scheme for ex-gratia payment of difference between interest on...

Hero Cycles seeks policy support to spur rural demand

New Delhi, Oct 27 (IANS): Hero Cycles has urged the government to provide policy support, including easy loans and subsidies, to support demand in...

Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail

New Delhi, Oct 26 (IANS): As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest...

Equity indices fall, RIL down 2% as Future buyout deal stalled

Mumbai, Oct 26 (IANS) The Indian stock market traded on a negative note on Monday with the BSE Sensex down over 100 points.The Nifty50...

Equity Market

Equity indices fall, RIL down 2% as Future buyout deal stalled

Mumbai, Oct 26 (IANS) The Indian stock market traded on a negative note on Monday with the BSE Sensex down over 100 points.The Nifty50...

Kirloskar Brothers promoters, directors found guilty of insider trading

Mumbai, Oct 21 (IANS) The Securities and Exchange Board of India (SEBI) has found that the promoters and directors of Kirloskar Brothers Ltd (KBL)...

Sensex plunges 1,000 points amid global selloff

Mumbai, Oct 15 (IANS) The BSE Sensex slumped over 1,000 points on Thursday breaking its 10 day gaining streak amid selloff across global stock...

SEBI finds Titan Company executive guilty of insider trading

Mumbai: The capital market regulator directed Chawla to pay a settlement charge of Rs 30.44 lakh which the latter agreed to and through an e-mail...

Trending

YouTube in India hits 325 million monthly unique viewers

New Delhi, Oct 28 (IANS) Google-owned YouTube on Wednesday said the platform is now being watched by over 325...

Micromax partners with MediaTek for upcoming ‘in’ smartphones

New Delhi, Oct 28 (IANS) Domestic electronics company Micromax on Wednesday said it has partnered with Taiwan-based fabless semiconductor company MediaTek to start design and...

Study shows evidence of waning immunity to Covid-19

London, Oct 28 (IANS): Researchers in the UK have found that antibodies against Covid-19 declined rapidly in the hundreds of thousands of people across England.According...

Microsoft Teams platform reaches 115mn daily active users: Nadella

New Delhi, Oct 28 (IANS) Microsoft Teams platform has reached 115 million daily active users and the company is seeing increased usage intensity as...

Bihar Phase I: Voting underway for 71 seats

Patna, Oct 28 (IANS) Polling was underway on Wednesday for the first phase of Assembly polls in Bihar amid tight security while following Covid-19...

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Indian Economy

Economic growth in FY21 may be negative: Finance minister Nirmala Sitharaman

Sitharaman on Tuesday said that India's economic growth in the current financial year may be in the negative zone or near zero amid the...

Taxes on petrol, diesel may go up further to mobilise additional revenue for Covid relief

New Delhi, Oct 26 (IANS) The economic crisis triggered by the Covid-19 pandemic and subsequent pressure on revenues may again push the Centre to...

2020 lockdowns to drive new forms of automation: Report

New Delhi, Oct 26 (IANS) The 'great lockdown of 2020 will make the drive for automation in 2021 both inevitable and irreversible and remote...

Centre to seek Parliament’s nod for additional Rs 37k cr infra push

New Delhi, Oct 25 (IANS) Centre will seek the Parliament’s approval for additional spending of Rs 37,000 crore on infrastructure development in the second batch...

Transmission of past policy actions to help ease financial conditions, RBI Guv said in MPC meet

New Delhi, Oct 24 (IANS): The ongoing transmission of past monetary policy actions would help ease financial conditions further, RBI Governor Shaktikanta Das had...

National News

Bihar Phase I: Voting underway for 71 seats

Patna, Oct 28 (IANS) Polling was underway on Wednesday for the first phase of Assembly polls in Bihar amid tight security while following Covid-19...

India, US jointly challenge China on South China Sea

New Delhi, Oct 27 (IANS) India and the US on Tuesday reiterated their commitment to maintain a free and open Indo-Pacific region, in a...

‘Aatmanirbhar Bharat’ about creating globally competitive enterprises: PM

New Delhi, Oct 27 (IANS) Prime Minister Narendra Modi on Tuesday called upon exporters to create "globally competitive" enterprises in India in the spirit...

States urged to adopt national approach: Niti Aayog on ‘free vaccine’

New Delhi, Oct 27 (IANS) State governments have been asked to take a national approach in engaging the drug companies and deciding the criteria...

Delhi nearing third peak, situation worrisome in WB, Kerala: NITI Aayog

New Delhi, Oct 27 (IANS) While the spread of Covid-19 in the country seems to be stabilising for now, two states and an Union...

Era of scams in thousands of crores is behind us, says Modi

New Delhi, Oct 27 (IANS) Prime Minister Narendra Modi, in a seeming dig at the Congress-led UPA government, on Tuesday said that the era of corruption...

Technology

YouTube in India hits 325 million monthly unique viewers

New Delhi, Oct 28 (IANS) Google-owned YouTube on Wednesday said the platform is now being watched by over 325 million unique viewers (over 18...

Micromax partners with MediaTek for upcoming ‘in’ smartphones

New Delhi, Oct 28 (IANS) Domestic electronics company Micromax on Wednesday said it has partnered with Taiwan-based fabless semiconductor company MediaTek to start design and...

Microsoft Teams platform reaches 115mn daily active users: Nadella

New Delhi, Oct 28 (IANS) Microsoft Teams platform has reached 115 million daily active users and the company is seeing increased usage intensity as...

Samsung working on foldable smartphones with pop-up camera

Seoul, Oct 27 (IANS) Samsung is reportedly working on a foldable smartphone with a pop-up camera that would be the company’s first phone with this camera...

FB India’s controversial public policy head Ankhi Das quits

New Delhi, Oct 27 (IANS): Facebook India's controversial public policy head Ankhi Das is leaving the company with immediate effect "to pursue her interest in...

IIT-G develops low-cost technology to produce psychoactive drugs

Guwahati, Oct 27 (IANS): Indian Institute of Technology Guwahati (IIT-G) on Tuesday said its researchers have developed a low-cost membrane technology to produce psychoactive drugs...

World News

Study shows evidence of waning immunity to Covid-19

London, Oct 28 (IANS): Researchers in the UK have found that antibodies against Covid-19 declined rapidly in the hundreds of thousands of people across England.According...

Imran fears India may use Afghan soil to target Pak

Islamabad, Oct 27 (IANS) Pakistan Prime Minister Imran Khan has expressed fears that India may use Afghan soil to destabilize and target Islamabad."Pakistan fears...

UK court again rejects Nirav Modi’s bail in PNB fraud case

London, Oct 26 (IANS) In a major setback to fugitive diamantaire Nirav Modi, a UK court on Monday again rejected his bail plea –...

Trump vs Biden: Will we know US election result on Nov 3?

By Nikhila Natarajan (IANS) Donald Trump or Joe Biden? On the night of the US 2020 election on November 3, Americans may not know who won...

Biden leads in battleground states of Florida, N.Carolina: Polls

Washington, Oct 26 (IANS) New tracker polls have revealed that Democratic presidential nominee Joe Biden was leading against US President Donald Trump in the...

India, US likely to ink strategic info sharing pact during 2+2 meet

By Arul Louis (IANS) The Basic Exchange and Cooperation Agreement (BECA), a breakthrough pact for sharing important strategic information, is likely to be signed...