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Monday, August 3, 2020

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Market to get riskier ahead, says report

A new report has suggested wilder fluctuation in the stock market ahead, with the outcome of the general election less than a fortnight away.Investors sentiments are already dented as the volatility indicator or the 'VIX' on Wednesday logged the...

Air India’s March EoI move got no response: DIPAM

The government may be keen on divesting its stake in Air India and its subsidiaries in the current financial year (FY20), but the expressions of interest (EoIs) sought for the carrier towards the end of FY19 failed to evoke...

Etihad puts riders for fund infusion, Jet revival an uphill task

Attaching too many riders for infusing funds into grounded Jet Airways, the Abu Dhabi-based Etihad has put the onus of reviving the airline on lenders led by State Bank of India (SBI).Besides offering a meagre fund infusion of Rs...

Longest losing streak for Sensex in 8 years

Sensex and Nifty fell for the ninth consecutive session on Monday, logging their longest losing streak in more than eight years.According to an analyst, the fall is predominantly on account of political uncertainty in the country, weak global cues,...

Cashback fraud-hit Paytm Mall partners EY to catch conmen

Rattled by frequent cashback fraud incidents involving its staff, e-commernce platform Paytm Mall has announced a partnership with Global professional services firm EY to build a technology-driven fraud prevention system.The move is to undertake frequent audits to identify and...

ICICI-Videocon case: ED again questions Chanda Kochhar

The Enforcement Directorate (ED) on Monday questioned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar here in an ongoing probe into the alleged irregularities and corrupt practices in the sanctioning of a Rs 1,875 crore loan...

Trade talks with US not broken down, says China

Negotiations to resolve the trade row between China and the US have not collapsed and will continue soon in Beijing, Chinese Vice-Premier and country's negotiating leader Liu He said on Saturday.Liu was in Washington for two days of negotiations...

PepsiCo finally withdraws all lawsuits against Gujarat potato farmers

The controversy over PepsiCo's legal action against Gujarat's potato farmers was set to rest on Friday with the American food and beverages giant withdrawing all its suits alleging infringement of intellectual property rights involving nine farmers from two courts...

Reliance Industries acquires global toy company Hamleys

In a bid to become a dominant player in the global toy retail industry, Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday announced it has acquired iconic British toy retailer Hamleys from Chinese firm C Banner International for an...

Indian drivers face the heat as Uber plans IPO

As Uber drivers planned a global strike on Wednesday ahead of the ride-hailing giant's massive initial public offering (IPO), Uber drivers in India said they are facing the heat as cash incentives have considerably gone down while work hours...

Topics

Indian Economy

Construction equipment business faces tough times: CRISIL

New Delhi (IANS) With the Covid-19 pandemic and attendant lockdown halting construction activities and labourers trudging back to the...

Indian economy to see sharp V-shaped recovery in Q3, Q4: N K Singh

New Delhi, Jul 27 (PTI) India will see a sharp V-shaped recovery in the third and fourth quarter of the current fiscal, but FY21...

Infrastructure push can re-ignite economic growth: RBI Guv

New Delhi, Jul 27 (PTI) RBI Governor Shaktikanta Das on Monday made a strong case for stepping up investments in the infrastructure sector to...

Retail investors’ participation in equity market surges: SEBI chief

New Delhi, July 23 (IANS) Despite Covid-19 pandemic, there has been a surge in participation of retail investors in the equity market over the...

Centre mulls disinvestment in banking, insurance sectors

New Delhi, July 22 (IANS) The Centre is planning to expand its disinvestment plans and considering to bring two key sectors -- banking and...