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Showing posts from October, 2022

Top cryptocurrency news on November 01: Hodlnaut lost $190 million in Luna crash, Terra’s Do faces new $57 million lawsuit, 140 million in Dogecoin liquidated since Musk’s Twitter takeover, and more

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day from Moneycontrol Business News https://www.moneycontrol.com/news/business/top-cryptocurrency-newsnovember-01-hodlnaut-lost-36190-millionluna-crash-terra’s-do-faces-new-3657-million-lawsuit-140-milliondogecoin-liquidated-since-musk’s-twitter-takeovermore_16680531.html

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/LBmnV7F

Kotak Mutual Funds CIO Harsha Upadhyaya#39;s top stock sectoral picks

He is overweight on banking, auto, and the industrial segment, and underweight on IT, which he feels will decline as go into 2023. from Moneycontrol Business News https://ift.tt/RlZJHUE

Panel seeks more time to prepare report on oil and gas pricing formula

The panel formed by the Ministry of Petroleum and Natural Gas under Kirit Parekh has now sought more time to review its gas pricing formula and form its report. from Moneycontrol Business News https://ift.tt/12RhK4W

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/KBEhHNw

Bike sales decline 6.52% in Andhra Pradesh, govt puzzled over negative growth

The Transport Department officials are now engaging the vehicle manufacturers to find out the cause of depressing sales and work out a possible solution to boost growth. from Moneycontrol Business News https://ift.tt/IYSMLJ0

Union Minister Nitin Gadkari pitches for investments from Tata Group in Nagpur

In the letter, Gadkari said there are over 3,000 acres of land in the Multi-modal international Hub Airport at Nagpur (MIHAN) SEZ and non-SEZ area, from Moneycontrol Business News https://ift.tt/YXgz7bZ

ISRO carries out key test of its heaviest rocket#39;s engine

Friday#39;s flight acceptance test comes within days of the launch of the first set of 36 OneWeb satellites by the NSIL from the Satish Dhawan Space Centre (SDSC- SHAR) from Moneycontrol Business News https://ift.tt/hspqMH3

News Highlights: Bengaluru-bound IndiGo flight grounded at Delhi airport

Business and Politics News Highlights: A Bengaluru-bound IndiGo plane on Friday suspected fire in one of the engines at the time of taxiing at the Delhi airport, a source told news agency PTI. from Moneycontrol Business News https://ift.tt/Mw6neVt

Live News Updates: Defence Minister Rajnath Singh inaugurates the Shyok Setu and other infras projects in Ladakh

Business and Politics Live Updates: The people living in border areas are our strategic assets. Infrastructure is being rapidly developed in border areas. We can#39;t say enough in praise for BRO for the work they have done here: Defence Minister Rajnath Singh from Moneycontrol Business News https://ift.tt/SOk2W6X

Live News Updates | Let it be a reminder to all of the unfinished work: US Secy of State at UNSC#39;s Counter-Terrorism Committee meet

Business and Politics Live Updates: As we reflect on immeasurable loss suffered during Mumbai 26/11 attacks, let it be a reminder to all of the unfinished work in holding accountable the perpetrators of these horrors averting future attacks: US Secy of State A. Blinken, at UNSC#39;s Counter-Terrorism Committee meet. from Moneycontrol Business News https://www.moneycontrol.com/news/business/live-news-updates-|-let-it-bereminder-to-allthe-unfinished-work-us-secystate-at-unsc39s-counter-terrorism-committee-meet_16675901.html

Live News Updates | Terrorism may have plagued several regions of the world: EAM in Mumbai

Business and Politics Live Updates: Terrorism may have plagued several regions of the world. We, in India, understand its cost more than others. But with that experience, comes the steeling of national resolve. Decades of cross-border terror has not will not weaken our commitment to fight back, says EAM in Mumbai from Moneycontrol Business News https://www.moneycontrol.com/news/business/live-news-updates-|-terrorism-may-have-plagued-several-regionsthe-world-eammumbai_16675901.html

Live News Updates: Elon Musk plans to become Twitter#39;s CEO, reverse life bans previously imposed on users

Business and Politics Live Updates: Elon Musk is expected to remain CEO only for the interim, and may eventually cede the role, according to Bloomberg. from Moneycontrol Business News https://ift.tt/li9FHuw

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/B9ZFQzS

News Highlights on October 27: India UK for early conclusion of comprehensive and balanced FTA: PM Modi after speaking with Sunak

News Highlights: PM Modi said he has congratulated Rishi Sunak on assuming charge as UK PM. On the UK-India the Free Trade Agreement (FTA), the PM said, "We also agreed on the importance of early conclusion of a comprehensive and balanced FTA." from Moneycontrol Business News https://ift.tt/7nkwsGF

Live News Updates: Delhi#39;s air quality continues to remain in "very poor" category; SP leader Azam Khan convicted in hate speech case

Business and Politics Live Updates: Overall Delhi AQI stood at 316; Quantum of Khan#39;s sentence to be pronounced at 3 pm today. from Moneycontrol Business News https://www.moneycontrol.com/news/business/live-news-updates-delhi39s-air-quality-continues-to-remain"very-poor"-category-sp-leader-azam-khan-convictedhate-speech-case_16674291.html

Live News Updates: Recall the Haryana that existed 8 years ago: Amit Shah in Faridabad

Business and Politics Live Updates: Recall the Haryana that existed 8 years ago. When one govt used to come, there used to be corruption when the next govt used to come, hooliganism used to rise. ML Khattar-led BJP govt didn#39;t allow corruption made Haryana safe by ending hooliganism: HM Amit Shah in Faridabad. from Moneycontrol Business News https://ift.tt/OjMiEs1

Live News Updates: Indian currency is a reflection of sovereignty: Manish Tewari

Business and Politics Live Updates: Indian currency is a reflection of sovereignty. Dr Ambedkar gave constitutional status to that sovereignty. There#39;s flexibility to accommodate Dr Ambedkar, Lord Ganesh-Goddess Laxmi, mythological figures even figures from the present in the currency notes: Congress MP Manish Tewari from Moneycontrol Business News https://ift.tt/DJbRZ52

Dabur to acquire 51% stake in Badshah Masala for Rs 587.5 crore

Dabur said the acquisition was in line with its strategic intent to expand its food business to Rs 500 crore in three years and expand into new adjacent categories. This will also mark Dabur#39;s entry into the over Rs 25,000 crore branded spices and seasoning market in India. from Moneycontrol Business News https://ift.tt/t9SXF1f

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/bPjTgrB

Cloud to PCs, Microsoft forecasts spook investors as economy bites

The maker of Windows has seen demand slide for its ubiquitous computer software as the spike in inflation forces businesses and consumers to pull back on spending. from Moneycontrol Business News https://ift.tt/LRbWHVJ

How Front-Loading Rate hikes risks financial instability

A third issue, that of front-loading the increases, is particularly relevant in this rate cycle. from Moneycontrol Business News https://ift.tt/bZ86Hc4

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/4sbFvWy

MC Insider: Trouble in paradise, jobs saved by fundraise, another multiplexes marriage in offing, and more

NULL from Moneycontrol Business News https://ift.tt/QJGbWhH

Sajjan Jindal#39;s JSW Group to foray into lending with Rs 400 crore investment in captive NBFC

The non-bank finance company (NBFC) will be a subsidiary of the JSW One Platforms (JSWOP) and will be doing purchase finance for buyers on the newly started e-commerce arm, Gaurav Sachdeva, the chief executive of JSWOP, told PTI in a recent interaction. from Moneycontrol Business News https://ift.tt/OJ4laKe

Jio launches 5G WiFi services in high footfall areas, True 5G in 2 new cities: Akash Ambani

Jio Chairman Akash Ambani added that the Jio True 5G pilot beta trail has also been extended to Chennai and Nathdwara from Moneycontrol Business News https://ift.tt/KiNxESG

Noida Residential Plot Scheme: 450 मीटर का प्लॉट, 1000 करोड़ की बोली, नोएडा में गजब नीलामी!

Noida Residential Plot Scheme: नोएडा में 5 सितंबर को प्राधिकरण की आवासीय और औद्योगिक भूखंड की योजना लॉन्च की गई थी। योजना में प्राधिकरण ने सेक्टर-31, 33, 34, 35, 43, 44, 47, 51, 52, 105, 108, 93बी और 151 में करीब 140 प्लॉट खरीदने के लिए आवेदन मांगे थे। आवेदन के बाद ई-नीलामी की प्रक्रिया से गुजरना होगा। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/Bo1F0DI

Svanström named as Rightmove CEO

Listed property portal Rightmove has appointed Johan Svanström as its next chief executive, replacing Peter Brooks-Johnson, who will retire after the company’s full-year results are announced in February. from Property Week - Latest Residential News https://ift.tt/ZyWHlRk

Silverneedle Ventures launches Rs 100 crore fund; plans to invest in 30 startups

The fund was founded by Ajay Jain and Deepesh Agarwal, who were also the founders of Xseed Partners, and it was approved by market regulator Securities and Exchange Board of India (SEBI) in August. from Moneycontrol Business News https://ift.tt/GJCqHkh

Axis Bank’s Q2 FY23 rings in early Diwali, rerating ahead

The stock of Axis Bank trades at a significant discount to its larger private sector peers and we see enough headroom for rerating from Moneycontrol Business News https://www.moneycontrol.com/news/business/axis-bank’s-q2-fy23-ringsearly-diwali-rerating-ahead_16666531.html

Citi, Barclays see rupee slumping to 85 per dollar

Citi expects the rupee to push to 85 to a dollar, while Barclays says that the risk of a short-term overshoot to 84-85 is high. Standard Chartered Plc has also extended its long dollar/rupee trade target to 85 after the local currency breached 83. from Moneycontrol Business News https://ift.tt/IA1KZar

Small Indian lenders in talks with Russia to finalise trade mechanism: Official

Reuters had reported large lenders are reluctant to process direct rupee trade transactions with Russia for fear of becoming the target of sanctions over the invasion of Ukraine, and New Delhi is counting on smaller banks like UCO and Yes. from Moneycontrol Business News https://ift.tt/4ObmTzY

Glenmark Pharma launches drug for diabetic patients with comorbidities

The Mumbai-based drug maker said it has become the first company to launch Teneligliptin (20mg) Dapagliflozin (5mg/10mg) fixed-dose combination for the treatment of adult patients with type 2 diabetes. from Moneycontrol Business News https://ift.tt/BbjDG43

Revfin raises $10 million in a Series A funding

The funding round was led by Green Frontier Capital (GFC), a VC fund focusing specifically on climate investments; LC Nueva Investment Partners, a partnership between Singapore#39;s Lighthouse Canton and Nueva Capital, and existing investors. from Moneycontrol Business News https://ift.tt/7igbGuS

IndusInd Bank Q2 — After a stellar run, can it rerate further?

The growth outlook of IndusInd Bank is strong and seen in this context, the valuation is still reasonable from Moneycontrol Business News https://www.moneycontrol.com/news/business/indusind-bank-q2-—afterstellar-run-can-it-rerate-further_16663261.html

Inox Wind board approves fundraise of Rs 75 crore

"Board of Directors of Inox Wind at its meeting held today i.e. 19th October, 2022 has, inter-alia, considered and approved...issuance of Rated, Listed, Unsecured, Redeemable, Principal Protected, Senior, Market-linked Non-Convertible Debentures having a face value of Rs 10,00,000 (Rupees Ten Lakhs only) each aggregating up to Rs 75,00,00,000," a BSE filing stated. from Moneycontrol Business News https://ift.tt/j8fFbJx

ITC invests in Mother Sparsh; baby care brand looks to raise Rs 100 crore

The direct-to-consumer (D2C) brand on Wednesday said it is in advanced discussions with investors for securing Rs 90-100 crore in Series B funding, with ITC infusing Rs 13.5 crore in this. from Moneycontrol Business News https://ift.tt/IbgV2zU

Netflix#39;s crackdown on password sharing to begin by early 2023: Report

Netflix#39;s password sharing curbs could potentially put a lot of binge-watchers in agony, however the streaming service#39;s introduction of the ad-supported basic plan may alleviate some of that agony. from Moneycontrol Business News https://ift.tt/cNLPCKw

MC Insider: Sebi lens on bond platforms, 3 Idiots’ D-street debut, MFs borrow a page from Apple, curious i-bank rejig, and more

NULL from Moneycontrol Business News https://www.moneycontrol.com/news/business/mc-insider-sebi-lensbond-platforms-3-idiots’-d-street-debut-mfs-borrowpageapple-curious-i-bank-rejigmore_16661441.html

Air India plans to triple its fleet of 113 jets in five years

“The airline is in discussions with aircraft and engine manufacturers on procuring new aircraft,” Air India Chief Executive Campbell Wilson said in New Delhi Tuesday. from Moneycontrol Business News https://ift.tt/uIWSiq8

Dealmaking activity severely hit in September quarter; down 66% by value: Grant Thornton

By volumes, the deals were down by 25 per cent to 450 transactions during the quarter, as against 600 in the year-ago period and 317 in 2020, the report by Grant Thornton Bharat, a consultancy firm, said. from Moneycontrol Business News https://ift.tt/foNbthG

BEL to manufacture Hydrogen fuel cells with technology from TEV

The Memorandum of Understanding (MoU) aims at tapping the demand for clean energy solutions for various applications, including e- mobility, by leveraging central government#39;s thrust for adoption of clean energy fuels for applications in transport and energy storage, the Bengaluru-headquartered company said in a statement. from Moneycontrol Business News https://ift.tt/bOkPqrK

American Friends of HelpAge India receives $1.3 million grant from MetLife Foundation

This grant will support Project Saksham#39; by AFHI#39;s partner organisation, HelpAge India which has been serving the needs of India#39;s disadvantaged elders for over 44 years. from Moneycontrol Business News https://ift.tt/uKcnPeV

Crypto hackers steal $3 billion in 2022, set to be biggest year for digital-asset heists

October 2022 has emerged as the biggest month for hacking on record with $718 million stolen from DeFi protocols across 11 different hacks so far from Moneycontrol Business News https://ift.tt/pra5bfl

Ashiana Housing buys 2.26 acres of land from Mahindra Lifespaces in Chennai for senior living project

Real estate development company Ashiana Housing has purchased 2.26 acres of land from Mahindra Lifespaces in Chennai to develop a senior living project. from Moneycontrol Business News https://ift.tt/RuaUC1x

Credit Suisse: How Switzerland’s oldest bank became a meme stock

What started as a spontaneous effort to take down Wall Street has since become an established presence in the market. And as the Credit Suisse incident shows, these actions highlight a new source of peril for troubled companies from Moneycontrol Business News https://www.moneycontrol.com/news/business/credit-suisse-how-switzerland’s-oldest-bank-becamememe-stock_16659571.html

Pristyn Care, IGF join hands to sponsor cataract surgery of underprivileged

As part of the initiative, IGF will raise funds on the crowdfunding platform ImpactGuru web platform and the surgeries will be performed by Pristyn Care#39;s expert ophthalmologists. from Moneycontrol Business News https://ift.tt/tekK6jQ

SBI cuts savings deposit rate by 5 basis points to 2.70%; BoB raises FCNR deposit rates

The new saving rates are applicable on balances of less than Rs 10 crore, on which the bank earlier offered 2.75 per cent per annum interest. from Moneycontrol Business News https://ift.tt/vY4E62P

Manappuram Jewellers sets up manufacturing unit in West Bengal

This unit, the company#39;s second after Bangalore, will be formally inaugurated on Tuesday. from Moneycontrol Business News https://ift.tt/JTxDhsF

Serum Institute to produce Ebola vaccine for use in Uganda outbreak

The response to Uganda#39;s outbreak has been blunted by the absence of a proven vaccine against the Sudan strain of the virus. from Moneycontrol Business News https://ift.tt/yEH7tmF

Boeing offers 737 Max jets to Air India amid US-China trade tensions

The Indian carrier, which is overhauling its fleet under new owner Tata Group, is one of a number of potential customers for Boeing, which is in talks with lessors and other airlines, according to people familiar with the matter. from Moneycontrol Business News https://ift.tt/a34YT8Q

The Tatas are planning a mother of mergers — the bane of Indian aviation

The Tatas’ aviation business is sitting on a chunk of assets that may be a challenge to streamline. At many airports across the country, the combined Tata group offering is bigger than IndiGo from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-tatasplanningmothermergers-—baneindian-aviation_16657101.html