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Showing posts from October, 2020

This week in Auto: Festive season brings some cheer to two-wheeler majors, but is it time yet to celebrate?

Here’s a look at what else made headline during the week from Moneycontrol Business News https://ift.tt/37W9K91

Amazon tells India regulator its partner Future Retail is misleading public

Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led Reliance Industries Ltd for $3.4 billion. The deal, Amazon alleges, breaches 2019 agreements by Future. from Moneycontrol Business News https://ift.tt/34HV2jT

SBI net banking service: How to register on SBI online banking at onlinesbi.com

Wondering how to register on SBI online banking service? Check out these easy registration steps from Moneycontrol Business News https://ift.tt/2HGT6jf

Dynamatic inks pact with CSIR-CSIO for joint development of futuristic solutions

"Our partnership with CSIO is aligned to Government of India#39;#39;s vision of #AatmaNirbharBharat. Symbiotic relationships between private sector and government research labs will go a long way in our endeavour to build a self-reliant India", a Dynamatic statement said. from Moneycontrol Business News https://ift.tt/3eezP4r

Lessons from lockdown: Smartphone replaces books for Indian school children

Academic continuity during school closure has meant that students have to rely on online lessons to stay tuned to the classroom. But, does everyone have access? from Moneycontrol Business News https://ift.tt/32fYLnx

The definitive guide to luxury festive gifting

Dior’s jewels to Bally bags, luxury spirits to handmade accoutrements, our indulgence list is sumptuous and a harbinger of cheer after months of austerity. from Moneycontrol Business News https://ift.tt/3kLISvZ

Future of fashion weeks: Digital and on-ground experiences collide in disruptive, democratic ways

The first fashion week to go digital was the Shanghai Fashion Week, which pioneered digital pivots such as live streaming. Hosted in March, it is considered a model for how digital experiences will remain at the fulcrum of fashion weeks in 2020. The event’s streams reached over 11 million views and generated over RMB 20 million in gross merchandise volume. from Moneycontrol Business News https://ift.tt/35N69aI

Lottery Sambad Result October 31: #39;Dear Bangasree Damodar#39; lottery winners to be announced today at 4 pm

Lottery Sambad Result: The first prize winner of the #39;Dear Bangasree Damodar#39; lottery will win Rs 50 lakh. from Moneycontrol Business News https://ift.tt/34HwSpH

Crude oil futures flat at Rs 2,693, Brent trades above $38/bbl

In the futures market, crude oil for November delivery touched an intraday high of Rs 2,729 and a low of Rs 2,641 per barrel on the MCX from Moneycontrol Business News https://ift.tt/37W8ens

SEBI fines Rs 65 lakh on 13 entities for manipulative trades

The SEBI conducted an investigation into the trading activities of Jaisukh Dealers Ltd (JDL) between February 2014 and July 2016 to ascertain the possible violation of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms. from Moneycontrol Business News https://ift.tt/31XWg98

Silver futures rise 0.33% to Rs 60,369/kg, likely to trade sideways

In the futures market, silver for December delivery touched an intraday high of Rs 60,665 and a low of Rs 59,918 per kg on the MCX. from Moneycontrol Business News https://ift.tt/2TAFgRx

Explainer: What the ICMR study tells us about the effectiveness of the BCG vaccine against Covid-19

Governments around the world are keen to know if the nearly century-old vaccine can be used to prevent Covid-19. It’s not hard to see why — the safety of the BCG vaccine has long been established. Moreover, it is very cheap and production can be scaled up easily from Moneycontrol Business News https://ift.tt/3oEQX8f

Centre may put voluntary pension schemes for small traders, unorganised workers under EPFO control: Report

The move comes as both schemes have so far failed to generate widespread interest from target groups, years into their launch from Moneycontrol Business News https://ift.tt/2TBCSKD

Crude palm oil futures dip 0.18% to Rs 818.50 per 10 kg on profit booking

In the futures market, Crude Palm Oil (CPO) for November delivery touched an intraday high of Rs 827.60 and an intraday low of Rs 817 per 10 kg on MCX. from Moneycontrol Business News https://ift.tt/3muIS42

Inside Nexus Venture Partners: How a top VC firm got its mojo back

The past few years have been a rollercoaster for Nexus, but it has bounced back from earlier setbacks to put its weight behind a bunch of promising startups from Moneycontrol Business News https://ift.tt/34Hp9bk

Natural gas futures marginally up 0.20% to Rs 247.10 per mmBtu

In the futures market, natural gas for November delivery touched an intraday high of Rs 249.60 and an intraday low of Rs 246.30 per mmBtu on MCX. from Moneycontrol Business News https://ift.tt/3mz3uIv

Kerala lottery result declared: Nirmal NR-196 lottery winners announced today at keralalotteryresult.net

Kerala lottery result on October 30: The first prize winner of #39;Nirmal NR-196#39; is ticket number ND-638915, which bagged a whopping Rs 70 lakh. from Moneycontrol Business News https://ift.tt/2GhLWkM

India to offer production-linked incentives to more sectors: Official

The Cabinet will soon consider approving such incentives for more sectors, Rajiv Kumar, vice chairman of NITI Aayog, a government think-tank told a virtual conference. from Moneycontrol Business News https://ift.tt/37QoiHn

Twitter warns US election could affect ad sales, shares drop 16%

The San Francisco-based social media company said it expected expenses to increase by close to 20 percent in the fourth quarter compared with a year ago due to an increase in investments. from Moneycontrol Business News https://ift.tt/3oJdbGm

Coronavirus Impact | The mystery of how many mothers left work because of school closings

The pandemic has been a continuing nightmare for parents and this has been particularly true for mothers. But figuring out how many mothers have been pushed out of the labor force specifically because of school closings can be tricky from Moneycontrol Business News https://www.moneycontrol.com/news/business/coronavirus-impact-|-the-mysteryhow-many-mothers-left-work-becauseschool-closings_14433141.html

Julius Baer considering JV in China to boost Asia growth: Report

Julius Baer will likely take a decision on its Chinese partner in 2021, before starting the formal license application process from Moneycontrol Business News https://ift.tt/3kHOGqu

Biocon#39;s partner Equillium gets USFDA nod to begin phase-3 trial of itolizumab on COVID-19 patients

The Phase 3 trial called as EQUINOX will enroll a total of 800 patients at sites in the United States and abroad and include interim assessments at 20 percent and 50 percent of enrollment. from Moneycontrol Business News https://ift.tt/37VKhwG

Aviation insurance losses touch an all-time high as claims hit Rs 3,700 crore

According to sources, 2014-2020 has been the worst six years for the aviation insurance segment. The recent Air India Express crash in Kerala resulted in an insurance loss of $89 million, one of the highest claims in the industry. As claims increase, insurers will increase premium rates. from Moneycontrol Business News https://ift.tt/3kFCSVO

Apple registers record September quarter in India even as iPhone sales slump globally

The company credited launch of Apple online store in India, which went live on September 23, for boosting sales in the country. from Moneycontrol Business News https://ift.tt/37Sct3g

Onion stock limit | Centre says states may give traders three-day buffer

Onion traders, on their part, said the move would not benefit them and demanded at least 15 days to meet the Centre’s limit. from Moneycontrol Business News https://www.moneycontrol.com/news/business/onion-stock-limit-|-centre-says-states-may-give-traders-three-day-buffer_14432421.html

Should investors look at MM Finance to ride the rural recovery?

At 1x FY22e adjusted book without the value of the subsidiaries, MM Finance offers downside protection from Moneycontrol Business News https://ift.tt/34KuajD

Paytm aims for 100% growth in Fastags over the next 3 months

Paytm Payments Bank is doubling down on its Fastag business, with the ease of ensuring transactions through the wallet, the bank wants to capture a massive chunk of toll payments flowing through the banking channels from Moneycontrol Business News https://ift.tt/3oGRIxu

Kerala lottery result: Nirmal NR-196 lottery winners to be announced today at 3 pm

Kerala lottery result on October 30: The first prize winner of the #39;Nirmal NR-196#39; lottery will get Rs 70 lakh. from Moneycontrol Business News https://ift.tt/34GRsXo

Mahindra Electric Mobility gets offers for stake buy in company

A few suitors are believed to have gone through the due diligence process. MM holds nearly 100% stake in Mahindra Electric, one of India’s largest electric vehicle makers. MM hopes that investors will help it achieve the goal of securing $100 million for product development. from Moneycontrol Business News https://ift.tt/2TEaE1z

Shapoorji Pallonji Group seeks shares in all Tata companies as settlement

Shapoorji Pallonji Group has as such demanded non-cash settlement in form of shares in all listed Tata entities where Tata Sons owns stake from Moneycontrol Business News https://ift.tt/34F3PDc

Natural gas futures dip 0.82% to Rs 241.90 per mmBtu

In the futures market, natural gas for November delivery touched an intraday high of Rs 245.20 and a low of Rs 241.40 per mmBtu on the MCX from Moneycontrol Business News https://ift.tt/3e5iuuw

Strides Pharma Science Q2 profit falls 46% to Rs 77 crore

The company had posted a net profit of Rs 141.90 crore for the corresponding period of the previous fiscal, Strides Pharma said in a filing to BSE. from Moneycontrol Business News https://ift.tt/3kDapzW

Arvind reports Q2 net loss of Rs 5.86 crore

The company had posted a net profit of Rs 49.68 crore in the July-September quarter a year ago, the company said in a BSE filing. from Moneycontrol Business News https://ift.tt/2Twzvo4

Cotton futures trade weaker at Rs 19,580 per bale

In the futures market, cotton for November delivery touched an intraday high of Rs 19,740 and an intraday low of Rs 19,530 per bale on the MCX. from Moneycontrol Business News https://ift.tt/2HJPoVX

COVID-19 hits India#39;s gold-buying sentiment; Q3 demand drops by 30%: World Gold Council

The overall demand stood at 123.9 tonnes during the third quarter of 2019, according to WGC#39;s Q3 Gold Demand Trends report. from Moneycontrol Business News https://ift.tt/34EtLyW

Hero to keep expanding tie-up with Harley, dealers to sell American superbikes

A senior Hero MotoCorp official has confirmed that the partnership will keep ‘expanding and extending’ in future. from Moneycontrol Business News https://ift.tt/31QMrJY

Moneycontrol Pro Subscription—exclusive partnership with InterMiles

Subscribe to Moneycontrol Pro at Rs 365 and earn a bonus of 365 InterMiles Free! from Moneycontrol Business News https://www.moneycontrol.com/news/business/moneycontrol-pro-subscription—exclusive-partnershipintermiles_14428141.html

Havells Q2 net profit up 82% YoY to Rs 326.4 crore

Among the business segments, Lloyd saw a 56 percent YoY growth in revenue to Rs 280 in Q2 FY21 from Moneycontrol Business News https://ift.tt/3mAdsJQ

To do politics or not do politics? Tech startups are divided

Silicon Valley tech workers have long been regarded as liberal but not politically overactive. Now many startup workers, who have been sold on a mission of changing the world, expect their employers to support their social and political causes from Moneycontrol Business News https://ift.tt/35M23PZ

SEBI considering strengthening settlement norms

Captial markets regulator wants to ensure that accounts of all clients be made nil once in 30 or 90 days in the books of the stockbrokers, depending upon the preference of clients. It has already sought the feedback from various stakeholders. from Moneycontrol Business News https://ift.tt/383UNSH

SC transfers all pleas against lenders invoking personal guarantees by promoters to itself

It has also directed that High Courts will not entertain any new petitions in this regard from Moneycontrol Business News https://ift.tt/37U9uaC

Explained: For the first time in its 98-year history, a Delhi University VC is suspended. What were Yogesh Tyagi’s faults?

For the first time in Delhi University’s 98-year history, a Vice Chancellor has been suspended. Yogesh Tyagi was suspended on October 28 on the orders of President Ram Nath Kovind.rnThis move assumes significance because the education ministry has brought into the open the brewing discontent between the ministry and the VC on the vacant faculty positions. Also, it wasn#39;t happy with the way Tyagi handled the 2019 teachers’ protest over reappointments, where the government had to intervene to resolve the issue.rnHis tenure was to end in March 2021.rnIn an order on October 28, the education ministry said that Tyagi, who was appointed in March 2016 as Vice Chancellor of University of Delhi, failed to discharge the duties and responsibilities entrusted to him.rnMoneycontrol brings you the details of what exactly went wrong during his tenure that led to his suspension:rnMultiple positions vacantrnAs per the Delhi University Act, it is the responsibility of the VC to ensure that all t...

IKEA parent looking to bring ‘Ingka Centres’ to India

The move is a way to enter various cities in India through an “omni-channel strategy” consisting of large and small format IKEA stores and online services. from Moneycontrol Business News https://www.moneycontrol.com/news/business/ikea-parent-looking-to-bring-‘ingka-centres’-to-india_14427621.html

Shiv Nadar Foundation sets up Shiv Nadar University in Chennai

The academic session for Shiv Nadar University will begin in August 2021. The university begins its programmes with the School of Engineering School of Commerce and Management. from Moneycontrol Business News https://ift.tt/3e6L4f1

Looking at re-pricing of protection products, says SBI Life’s Mahesh Kumar Sharma

Prices will be competitive and should come in this quarter, Mahesh Kumar Sharma - CEO MD of SBI Life said. from Moneycontrol Business News https://www.moneycontrol.com/news/business/looking-at-re-pricingprotection-products-says-sbi-life’s-mahesh-kumar-sharma_14427521.html

Orient Electric Q2 net up six-fold to Rs 32.42 crore

The CK Birla group firm had posted a net profit of Rs 4.92 crore in the corresponding period of the previous financial year, Orient Electric said in a regulatory filing. from Moneycontrol Business News https://ift.tt/31UAyTv

HAL inks Rs 400-crore pact with Tech Mahindra for project Parivartan

HAL said Tech Mahindra will be responsible for the transformation and modernisation of the ERP system as an implementation and support partner enabling HAL to streamline and standardise its business processes across the organisation. from Moneycontrol Business News https://ift.tt/37OFkWb

LT in talks with SBI, Telangana government to bail out cash-strapped Hyderabad metro rail project

The Telangana government, however, has its own fiscal challenges due to the loss of tax revenue on account of Covid-19, a high debt burden and the recent floods that devastated capital city Hyderabad and its adjoining districts from Moneycontrol Business News https://ift.tt/31U00Z7

TCS to divide cloud services into 5 strategic units

The goal is to achieve scale and exponential growth in each platform, according to Krishnan Ramanujam, the president of business and technology services at TCS. from Moneycontrol Business News https://ift.tt/2HKG5F5

Govt releasing one lakh tonne of onion buffer stock: Agriculture Minister Narendra Singh Tomar

"The government has already taken cognisance of the issue of rising prices of onions and its one lakh tonnes of buffer stock is being released through NAFED,” Narendra Singh Tomar said. from Moneycontrol Business News https://ift.tt/34HAAjv