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Sebi plans to ease post-IPO lock-in for promoters; amend key definition
Regulator mulls replacing concept of 'promoter' with 'person in control'
Covaxin stock runs out for 18-44 age group, 125 centres to be shut: AAP MLA
Delhi has run out of Covaxin stock for people in the 18-44 age group and will have to shut 125 centres where the coronavirus vaccine was being administered, says AAP MLA Atishi
Taking action to access $1.2 bn arbitration award against India: Cairn
Cairn Energy Plc said it is taking all necessary actions to access the $1.7 bn it was awarded by an international arbitration tribunal after overturning a retroactive tax demand slapped by Indian govt
18 states showing constant decrease in daily new Covid cases: Govt
An early trend of decline in daily new Covid-19 cases and deaths has been noted in the country, says government, indicating that the devastating second wave of the pandemic is on the wane
Moody's cuts India's FY22 GDP forecast to 9.3%; rules out rating upgrade
Owing to Covid pandemic, rating agency sees India's general govt deficit at 11.8% of GDP in FY22 as against previous forecast of 10.8%
Opec sticks to 2021 oil demand growth forecast despite Indian Covid crisis
The Organization of the Petroleum Exporting Countries expected demand to rise by 5.95 million barrels per day (bpd) this year, or 6.6%, its forecast unchanged from last month.
Benign food prices likely dragged April inflation to three-month low: Poll
Consumer price inflation was predicted to cool to 4.20 per cent in April, just above the RBI's 4 per cent mid-point target and down from March's four-month high of 5.52 per cent
Deal numbers touch a decadal high in April despite second Covid wave
The total value of the transactions in April stood at over $13 billion, the report by Grant Thornton, a consultancy, said
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Mark Mobius says inflation threat won’t go away anytime soon
This will pose a particular problem in the U.S., where a rising inflation rate will weigh on the global reserve currency, said Mobius.
Blackstone-backed Sona Comstar receives Sebi nod for Rs 6,000 crore IPO
The public offer comprises a fund raise via a fresh issuance of shares amounting to Rs 300 crore and Rs 5,700 crore through an offer-for-sale by shareholder Singapore VII Topco III Pte Ltd., which is an affiliate of The Blackstone
Largecap-focussed PMSes lagged in April; midcap specialists fared better
Kotak AMC Pharma Fund finished as the top performer of the month, returning 13.39 per cent. Sun Pharma, Dr Reddy’s Labs, Cipla, Cadila Healthcare and Aurobindo Pharma were the top five holdings in its portfolio.
Strong balance sheet, expansion plans to help UltraTech expand market share
The company’s performance in the March 2021 quarter shows that it would continue to have an edge over peers given operational advantages. Its revenue increased by 35 per cent year-on-year to Rs 14,232 crore, faster than 20-25 per
Morgan Stanley initiates coverage on Bajaj Electricals with overweight rating
The financial services company said Bajaj Electricals is a turnaround story. Its strong revenue growth in the fast-moving consumer electricals business and sharp improvement in margin should drive higher return ratios, said Morgan
Moody's slashes India growth forecast to 9.3 pc
India is experiencing a severe second wave of coronavirus infections which will slow the near-term economic recovery and could weigh on longer-term growth dynamics, it said. "As of now, we expect the negative impact on economic ou
FinMin, NDB to hold seminar on importance of social infra financing, digital tech use
The COVID-19 pandemic has reinforced the importance of investing in social infrastructure and underpinned the importance of leveraging digital technologies in advanced and emerging economies, the Finance Ministry said in a stateme
Deal numbers touch a decadal high in April despite 2nd COVID-19 wave
The total value of the transactions in April stood at over USD 13 billion, the report by Grant Thornton, a consultancy, said, pointing out that domestic M&A transactions led the pack by reporting over 30 transactions aggregating t
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Coimbatore company launches Powered Air Purifying Respirator
It’s useful for frontline workers who would not have to use masks while at work
Pentagon reconsidering huge JEDI cloud-computing contract
In its legal challenge, Amazon has asserted that the bidding was improperly influenced by President Donald Trump’s dislike of Amazon and its chief executive officer, Jeff Bezos.
Centre can cut GST rates on COVID-19 vaccines, critical supplies, say experts
Finance Minister had said GST exemption to vaccine would be counterproductive without benefiting consumer
Facebook faces Israel fine for buying companies without consent
Under the law, an entity which holds 50% or more in any relevant market is required to obtain the director general's consent before making any transaction that constitutes a "merger of companies".
OYO to show vaccination status of hotel staff on app
With ‘VaccinAid’, as a part of the booking journey, users on the OYO app will have visibility on hotels and homes with vaccinated staff, either with the first dose or second dose of the COVID-19 vaccine
COVID-19 | Microfinance sector writes to RBI; seeks emergency credit line
In a letter to the RBI, Sa-Dhan, the industry body representing the microfinance sector, has sought an emergency credit line of up to 25% of their outstanding with the lending banks.
COVID-19 | India’s smartphone market to slowdown in 2Q21
“However, the high shipments from the first quarter should be able to suffice for the immediate demand,” Navkendar Singh, Research Director, Client Devices & IPDS, IDC India, said.
Foxconn iPhone India output drops 50% amid COVID surge
The Foxconn facility in the southern state of Tamil Nadu produces iPhones specifically for India, the world's No.2 smartphone market.
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Mark Mobius says inflation threat won’t go away anytime soon
This will pose a particular problem in the U.S., where a rising inflation rate will weigh on the global reserve currency, said Mobius.
Blackstone-backed Sona Comstar receives Sebi nod for Rs 6,000 crore IPO
The public offer comprises a fund raise via a fresh issuance of shares amounting to Rs 300 crore and Rs 5,700 crore through an offer-for-sale by shareholder Singapore VII Topco III Pte Ltd., which is an affiliate of The Blackstone
Largecap-focussed PMSes lagged in April; midcap specialists fared better
Kotak AMC Pharma Fund finished as the top performer of the month, returning 13.39 per cent. Sun Pharma, Dr Reddy’s Labs, Cipla, Cadila Healthcare and Aurobindo Pharma were the top five holdings in its portfolio.
Strong balance sheet, expansion plans to help UltraTech expand market share
The company’s performance in the March 2021 quarter shows that it would continue to have an edge over peers given operational advantages. Its revenue increased by 35 per cent year-on-year to Rs 14,232 crore, faster than 20-25 per
Morgan Stanley initiates coverage on Bajaj Electricals with overweight rating
The financial services company said Bajaj Electricals is a turnaround story. Its strong revenue growth in the fast-moving consumer electricals business and sharp improvement in margin should drive higher return ratios, said Morgan
Moody's slashes India growth forecast to 9.3 pc
India is experiencing a severe second wave of coronavirus infections which will slow the near-term economic recovery and could weigh on longer-term growth dynamics, it said. "As of now, we expect the negative impact on economic ou
FinMin, NDB to hold seminar on importance of social infra financing, digital tech use
The COVID-19 pandemic has reinforced the importance of investing in social infrastructure and underpinned the importance of leveraging digital technologies in advanced and emerging economies, the Finance Ministry said in a stateme
Deal numbers touch a decadal high in April despite 2nd COVID-19 wave
The total value of the transactions in April stood at over USD 13 billion, the report by Grant Thornton, a consultancy, said, pointing out that domestic M&A transactions led the pack by reporting over 30 transactions aggregating t
1111
  Home Page Show All 
Sebi plans to ease post-IPO lock-in for promoters; amend key definition
Regulator mulls replacing concept of 'promoter' with 'person in control'
Covaxin stock runs out for 18-44 age group, 125 centres to be shut: AAP MLA
Delhi has run out of Covaxin stock for people in the 18-44 age group and will have to shut 125 centres where the coronavirus vaccine was being administered, says AAP MLA Atishi
Taking action to access $1.2 bn arbitration award against India: Cairn
Cairn Energy Plc said it is taking all necessary actions to access the $1.7 bn it was awarded by an international arbitration tribunal after overturning a retroactive tax demand slapped by Indian govt
18 states showing constant decrease in daily new Covid cases: Govt
An early trend of decline in daily new Covid-19 cases and deaths has been noted in the country, says government, indicating that the devastating second wave of the pandemic is on the wane
Moody's cuts India's FY22 GDP forecast to 9.3%; rules out rating upgrade
Owing to Covid pandemic, rating agency sees India's general govt deficit at 11.8% of GDP in FY22 as against previous forecast of 10.8%
Opec sticks to 2021 oil demand growth forecast despite Indian Covid crisis
The Organization of the Petroleum Exporting Countries expected demand to rise by 5.95 million barrels per day (bpd) this year, or 6.6%, its forecast unchanged from last month.
Benign food prices likely dragged April inflation to three-month low: Poll
Consumer price inflation was predicted to cool to 4.20 per cent in April, just above the RBI's 4 per cent mid-point target and down from March's four-month high of 5.52 per cent
Deal numbers touch a decadal high in April despite second Covid wave
The total value of the transactions in April stood at over $13 billion, the report by Grant Thornton, a consultancy, said


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