ByteDance Approves Oracle Bid to Take Over TikTok's US Operations

Microsoft's offer to take over U.S. operations of TikTok has been rejected by its parent company, ByteDance.

Oracle beats Microsoft to buy US operations of TikTok

ByteDance turned down Microsoft’s previous bid to buy TikTok’s US assets. A deal with Oracle is narrower, appearing more like corporate restructuring.

Oracle wins deal for TikTok’s US operations

TikTok has abandoned talks with Microsoft Corp. to sell its music-video app in the U.S., favoring instead a business partnership with Oracle Corp., people familiar with the talks said.

Oracle Beats Microsoft in Deal for TikTok’s U.S. Operations

Oracle Corp. edged out rival Microsoft Corp. in negotiations for the U.S. operations of TikTok, people familiar with the talks said, as the Chinese-owned music-video app attempts to avoid getting shut down in a clash between the world’s two superpowers.

Oracle Wins Deal for TikTok’s U.S. Operations

Oracle Corp. is the winning bidder for a deal with TikTok’s U.S. operations, people familiar with the talks said, after main rival Microsoft Corp. announced its offer for the video app was rejected.

Oracle To Partner With TikTok To Run US Operations As Microsoft Bid Flops

Oracle has won a deal that will see it manage TikTok's US operations. The Wall Street Journal has reported that the company has been selected as a 'trusted tech partner' as opposed to acquiring the co

Oracle confirms it is part of proposal for TikTok

NEW YORK, Sept 14 — Oracle Corp confirmed today that it was part of a proposal made by TikTok-parent ByteDance to the US government to become a technology partner for the Chinese firm. Treasury Secretary Steven Mnuchin said earlier in the day that the Trump administration received a proposal from...

Oracle has struck a deal with TikTok to control its US operations. Take a look inside Trump's close relationship with Oracle cofounder, Larry Ellison.

Larry Ellison is one of the richest people in the world and has opened up his California home to lavish fundraisers for President Trump's reelection.

TikTok Picks Up Oracle, Rejects Microsoft

After US President Donald Trump signed an executive order to block 'Tik Tok', owned by ByteDance, Am

ByteDance won't sell TikTok US operations to Oracle or Microsoft, reports CGTN

BEIJING, Sept 14 — ByteDance will not sell TikTok's US operations to Oracle Corp or Microsoft Corp and will not give the source code for the video platform to any US buyers, China's state-run English television channel CGTN reported on MonTOday, citing sources. People familiar with the matter...

Oracle confirms it is part of proposal by TikTok-parent ByteDance

Oracle Corp confirmed on Monday that it was part of a proposal made by TikTok-parent ByteDance to the US government to become a technology partner for the Chinese firm

Oracle Wins Deal For TikTok US Biz

Microsoft has revealed that its bid for TikTok operations in the US was rejected, leaving the other front-runner Oracle to be the likely winner even as an official announcement is awaited.

ByteDance not selling TikTok’s US biz to Oracle: Chinese media (Ld)

Beijing, Sep 14 : State-owned Chinese media on Monday reported that ByteDance will neither sell TikTok's US operations to Oracle nor give the source code

Oracle to Partner With TikTok in the U.S. After Microsoft Deal Is Rejected

On Sunday, news outlets reported that Oracle will partner with TikTok after a failed Microsoft deal. The partnership comes two days before Trump’s deadline to remove control of the video-sharing app from its Chinese-owned parent company Bytedance.

ByteDance picks Oracle as partner in bid to save TikTok in US

Oracle beat Microsoft in the battle for the U.S. arm of TikTok with a deal structured as a partnership rather than an outright sale to try to navigate geopolitical tensions between Beijing and Washin…

Oracle wins bidding war for TikTok’s US operations

ByteDance rejects Microsoft’s offer for Chinese-owned video app ahead of Trump deadline

Oracle wins bidding war for TikTok’s US operations

ByteDance is said to have reached a preliminary 'technical partnership' deal with Oracle – that does not include a full sale – for TikTok's operations.

ByteDance picks Oracle as winning bidder for TikTok's US operations, says source

NEW YORK, Sept 14 — China's ByteDance has picked a consortium led by Oracle Corp for a deal for the US operations of short-video app TikTok, beating out rival bidder Microsoft Corp, a person familiar with the matter said yesterday. ByteDance has been in talks to sell TikTok's US busines to...

In TikTok sale, Microsoft is no loser and oracle no winner

Despite Oracle Chairman Larry Ellison’s backing for Trump, there’s no guarantee the separation of TikTok from ByteDance will be clean enough to pass White House muster. 

Oracle Picked as Winning Bid for TikTok U.S. Over Microsoft: WSJ

Oracle Corp. has been selected as the winning bidder for TikTok’s U.S. operations, the Wall Street Journal reported, after Microsoft Corp. said its bid was rejected by parent company ByteDance Ltd.

US government confirms receiving Oracle bid for TikTok

Oracle confirmed the submission, saying the company 'is part of the proposal by ByteDance to the Treasury Department over the weekend in which Oracle will serve as the trusted technology provider.'

Oracle Apparent TikTok Winner After Microsoft's Bid Rejected

The deal on the table is said to be more of a partnership than an outright sale, however.

Oracle wins bid for TikTok in US after Microsoft offer rejected

ByteDance reaches partnership agreement for Chinese-owned video app ahead of Trump deadline

Oracle’s TikTok Bid Heads for U.S. Review—and Trump’s Verdict

Oracle Corp.’s closely watched bid for TikTok’s U.S. operations will not only have to pass a U.S. national security review, it’s also going to need to win the blessing of President Donald Trump.

Walmart says it's still in talks with TikTok as an Oracle deal moves forward

Walmart, which had been working with Microsoft on a TikTok bid, says it's still interested in investing in the video app.

Oracle wins deal for TikTok US biz, Microsoft's bid rejected

San Francisco: Bytedance, the Chinese owner of TikTok, has chosen Cloud major Oracle over Microsoft to run its US operations as a 'trusted tech partner, multiple media reports revealed on Monday...

Oracle leaps 10% after reportedly winning partnership bid for TikTok's US operations

Microsoft was Oracle's biggest rival in the race for a deal, but the firm said Sunday it wasn't selected by TikTok-parent ByteDance for a partnership.

Oracle leaps 10% after reportedly winning partnership bid for TikTok's US operations

Oracle president Mark Hurd delivers a keynote address at the company's 2013 conference. Justin Sullivan/Getty Images Oracle jumped as much as 1...

Oracle to take charge of TikTok's US biz; may help ByteDance avoid ban

Microsoft announced Sunday that its bid to buy TikTok has been rejected

Oracle Wins Deal For TikTok US Business, Microsoft’s Bid Rejected 

Bytedance, the Chinese owner of TikTok, has chosen Cloud major Oracle over Microsoft to run its US operations as a 'trusted tech partner', multiple media reports revealed on Monday while an official announcement was still awaited.

Microsoft’s proposal to partner TikTok in US rejected, Oracle wins bid

Oracle wins bid to acquire Tiktok and Microsoft loses as Tiktok choses Oracle to be its technology partner for its American operations

Oracle Reportedly Wins Race To Acquire TikTok’s U.S. Operations

Oracle beat out a bid from Microsoft.

Trump administration to review Oracle’s TikTok deal this week

Panel will recommend whether to approve ‘technical partnership’ with China’s ByteDance

Oracle stock surges after it confirms deal with TikTok-owner ByteDance

Microsoft announced that ByteDance has decided not to sell it TikTok's U.S. assets

TikTok Sale: ByteDance Rejects Microsoft Bid, Partners With Oracle | Hollywood Reporter

The Beijin-based tech giant has submitted a proposal to Treasury Secretary Steve Mnuchin that includes Oracle as its chosen technology partner.

TikTok rejects Microsoft offer, Oracle sole remaining bidder

American tech giant Microsoft said Sunday its offer to buy TikTok was rejected, leaving Oracle as the sole remaining bidder ahead of the imminent deadline for the Chinese-owned video app to sell or shut down its US operations.

Oracle confirms Tiktok deal as US officials step in for review

Oracle has confirmed it is part of a deal to sign a partnership agreement with hit video app Tiktok, after a bid from Microsoft was rejected.

Oracle, one of Donald Trump’s favorite companies, wins TikTok deal

Ellison has raised money for Trump. Trump has called Ellison a “tremendous guy.”

Oracle reportedly wins deal for TikTok’s US operations as ‘trusted tech partner’

Oracle’s deal comes hours after Microsoft’s failed attempt

TikTok US takes Oracle as a 'trusted techology partner,' rejecting Microsoft's bid to buy

As Trumps ban of TikTok loomed, it would appear Oracle entered into a partnership with TikTok, rather than acquiring it outright.

Microsoft loses bid, Oracle likely winner

San Francisco: Microsoft has revealed that its bid for TikTok operations in the US was rejected, leaving the other front-runner Oracle to be the likely winner even as an official announcement is awaited. “ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft. We are confident our proposal would have been … Continue reading "Microsoft loses bid, Oracle likely winner"

TikTok owner ByteDance rejected Microsoft's bid for the app's US operations, Oracle reportedly chosen as US 'technology partner'

Lionel Bonaventure/Getty Images Microsoft announced Sunday that TikTok owner ByteDance rejected the company's bid to acquire the US operations of the

TikTok owner ByteDance rejected Microsoft's bid for the app's US operations, Oracle reportedly chosen as US 'technology partner'

Several news outlets reported ByteDance has named Oracle as its US "technology partner," though the company's bid has not yet been publicly accepted.

TikTok rejects Microsoft buyout offer, Oracle sole remaining bidder

US tech giant Microsoft said Sunday its offer to buy TikTok was rejected, leaving Oracle as the sole remaining bidder ahead of a looming deadline for the Chinese-owned video app to sell or shut down

TikTok rejects Microsoft buyout offer; Oracle sole remaining bidder

U.S. tech giant Microsoft said Sunday its offer to buy TikTok was rejected, leaving Oracle as the sole remaining bidder ahead of a looming deadline for the Chinese-owned video app to sell or shut down its U.S. operations. The Wall Street Journal and New York Times reported that Oracle had…

Larry Ellison's Oracle wins bid to buy TikTok's US operation after the Chinese app rejected Microsoft bid at 11th hour

Computer software company Oracle has won the bidding for Chinese app TikTok's US operations and will become a 'trusted partner,' a source told the Wall Street Journal Sunday.

ByteDance rejects Microsoft's bid to buy TikTok's U.S. operations

Microsoft confirmed today that it will no longer buy TikTok's operations in the U.S. after ByteDance dropped its takeover bid. Instead, ByteDance is reportedly opting for a partnership with Oracle.

Oracle wins bid to "partner" with Tik Tok in the U.S.

U.S. operations of Chinese social video giant Tik Tok are to be “partnered” with by Oracle, reports the Wall Street Journal. The company’s bid prevailed after weeks of speculation…

Oracle Gamble Pays Off As Shares Surge Amid Reports Of TikTok Preferred Partnership Deal, WH Review

The Redwood City-based software company saw huge gains in it stocks and shares on Monday following news of a major deal struck with the popular Chinese social media...

Steven Mnuchin: Trump administration to conduct 'national security review' of TikTok’s proposed sale to Oracle

Chinese-owned TikTok’s fate in the United States now rests with a review by the Committee on Foreign Investment in the United States and a decision by President Trump following a purchase proposal by U.S.-based Oracle one week ahead of the ban deadline.

Inside Oracle co-founder's close ties to Trump: Larry Ellison told the president about treating coronavirus with hydroxychloroquine and hosted a fundraiser for him before his firm won bid to take over TikTok as shares in the company surge by 10%

Oracle shares surged 10 percent in premarket trading on Monday following reports that the computer software firm had won a bidding war to take over TikTok's US operations.

China would prefer TikTok to shut down U.S. operations instead of selling: report

The Chinese government may prefer TikTok to shut down its U.S. operations instead of selling them to an American company.

TikTok rejects Microsoft buyout offer

US tech giant Microsoft said Sunday its offer to buy TikTok was rejected, leaving Oracle as the sole remaining bidder ahead of a looming deadline for the Chinese-owned video app to sell or shut dow...

Microsoft says its acquisition offer for TikTok was rejected in US-China standoff

“ByteDance let us know today they would not be selling TikToks U.S. operations to Microsoft,” Microsoft said in a statement. “We are confident our proposal would have been good for TikToks users, while protecting national security interests.”

The daily business briefing: September 14, 2020

Oracle beats out Microsoft for TikTok's U.S. operations, Gilead Sciences reaches $21 billion deal for Immunomedics, and more

TikTok rejects Microsoft offer, Oracle sole remaining bidder

American tech giant Microsoft said Sunday its offer to buy TikTok was rejected, leaving Oracle as the sole remaining bidder ahead of the imminent deadline for the Chinese-owned video app to sell or shut down its US operations.

Nvidia Near Deal to Buy Arm From SoftBank for About $40 Billion

Nvidia Corp. is nearing a deal to acquire SoftBank Group Corp.’s chipmaker Arm Ltd., according to people familiar with the matter, an acquisition that would extend its reach into mobile devices.

Nvidia to buy Arm Holdings from SoftBank for $40 billion

SoftBank bought Arm for $31.4 billion in 2016, and the sale is seen as a move to raise much-needed cash as it has recently lost a significant amount of money in its high-profile investments in companies like WeWork and Uber.

SoftBank Group selling Arm to Nvidia for up to $40 billion

If approved, it will be one of the biggest merger-acquisitions in the world this year and promises to propel Nvidia to the forefront of the semiconductor sector.

SoftBank Group selling Arm to NVIDIA for up to $40 billion

Japan's SoftBank Group said Monday it is selling British chip designer Arm to US firm NVIDIA for up to $40 billion, potentially creating a new giant in the industry but sparking an investigation by UK ...

Nvidia to acquire Arm for US$40 billion

Nvidia and SoftBank Group (SBG) have announced a definitive agreement under which the former will acquire Arm from the latter and the SoftBank Vision Fund in a transaction valued at US$40 billion.

Some Thoughts On NVIDIA Acquiring Arm

What will define the success of the merger and NVIDIA’s future is whether or not Jensen can expand his team, provide strong experience for future leaders, and create a succession plan that employees, investors, and other stakeholders can support.

Nvidia is acquiring Arm for $40 billion

Nvidia has announced that it is purchasing UK chipset designer Arm from Japanese conglomerate SoftBank in a deal valued at a whopping $40 billion. The transaction will be finalized in 18 months.

Nvidia buys Arm for $40 billion

Nvidia Corp. said it agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used electronics technology in the semiconductor industry’s largest-ever deal.

NVIDIA Acquires Arm for $40 Billion

NVIDIA has reached an agreement to acquire Arm for $40 billion.

Nvidia and SoftBank are each winners in $40 billion deal for Arm Holdings

The impending sale of Arm Holdings to Nvidia Corp. for $40 billion could have wide-ranging implications for the global semiconductor industry, further...

Nvidia buys ARM for $40 billion in deal that could change the tech world forever

ARM acquisition officially confirmed – assuming Nvidia gets regulatory approval.

NVIDIA to acquire SoftBank Group's Arm for up to $40 billion in largest deal of the year

If approved, the deal will be one of the largest acquisitions anywhere in the world this year, and will propel NVIDIA to the forefront of the semiconductor sector. The announcement also renewed speculation about SoftBank Group's future, with Bloomberg News reporting it is set to revive talks about going private via a management buyout plan.

Nvidia-Arm deal announced

Arm’s sale to Nvidia has been announced this morning.

Nvidia to buy Arm in $40bn deal

The combination brings together Nvidia’s artificial intelligence (AI) computing platform with Arm’s ecosystem to create the premier computing company for the age of AI.

Nvidia buys SoftBank’s Arm in $40-billion chip deal

It’s the largest deal in the semiconductor industry, but hinges on China granting regulatory approval

Nvidia seals $40bn deal for SoftBank’s Arm

Britain set to impose strict terms including protection of jobs and maintaining UK headquarters

Nvidia buys ARM Holdings from SoftBank for $40 billion [Updated]

UK set to impose strict terms including protection of jobs, UK headquarters

It’s Official: NVIDIA To Acquire Arm For $40 Billion

Following a number of rumors and leaks, NVIDIA this evening announced that it is buying Arm Limited for $40 billion. The cash and stock deal will see NVIDIA buy the semiconductor and IP design firm from SoftBank and its associated SoftBank Vision Fund, with NVIDIA taking an eye towards expanding Arm’s IP licensing business while also using Arm’s technology to further pierce into the datacenter market. The deal is just being formally announced today and will likely not close for some time, as it is expected to be required to clear multiple regulatory hurdles in the UK, US, China, and other governments across the globe.

SoftBank is selling British chipmaker ARM to Nvidia for US$40 billion

Nvidia is buying British chipmaker ARM from SoftBank for as much as US$40 billion — a total that would make it the largest semiconductor deal ever.

It's official: Nvidia is acquiring Arm

Nvidia has announced that it has reached an agreement with SoftBank to acquire Arm Limited, in a transaction worth $40 billion financed using common stock and cash. While Nvidia will take possession of Arm and its lucrative IP portfolio, the…

Nvidia Reportedly Acquiring ARM For $40 Billion

"SoftBank is set to sell the U.K.'s Arm Holdings to U.S. chip company Nvidia for more than $40 billion," writes Ars Technica, adding that the deal's imminent announcement was reported earlier by the Wall Street Journal. The move comes just four years after Softbank bought ARM, promising it would be...

Nvidia to buy chip designer Arm for US$40 billion as SoftBank exits

SoftBank Group Corp said on Monday it has agreed to sell chip designer Arm to Nvidia Corp for as much as US$40 billion in a deal set to reshape ...

Nvidia’s purchase of SoftBank’s Arm is a risky bet

There are regulatory hurdles to cross, and the growth assumptions are on shaky ground

SoftBank to Sell Chip Designer Arm to Nvidia in $40 Billion Deal

SoftBank Group Corp recently announced that it has agreed to sell its chip designer Arm Holdings to Nvidia Corp for up to $40 billion.

Nvidia Buys SoftBank’s Arm in Record $40 Billion Chip Deal

Nvidia Corp. agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used electronics technology in the semiconductor industry’s largest-ever deal.Nvidia will pay $21.5 billion in stock and $12 billion in cash for the U.K.-based chip designer, including a $2 billion payment at signing. SoftBank may receive an additional $5 billion in cash or stock if Arm’s performance meets certain targets, the companies said Sunday in a statement. A

SoftBank set to sell UK’s Arm Holdings to Nvidia for $US40b

Multiple people with direct knowledge of the matter said a cash-and-stock takeover of Arm by Nvidia may be announced as soon as Monday.

Nvidia goes mobile with $40B Arm deal

Nvidia agreed a deal to acquire Arm from SoftBank Group for $40 billion, as the ...

Nvidia Buys ARM for $40 Billion, Plans New AI Research Center

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Co-founder of Arm attacks sale to Nvidia

The US$40 billion sale of British chip designer Arm to Nvidia Corp from Japan's SoftBank is a disaster that will destroy its business model, the ...

Nvidia deal for Arm could be ‘transformational,’ but many roadblocks lie ahead

Analysts worry about deal approval and pushback from current Arm licensees.

NVIDIA Should Finish Arm Acquisition By Next Week For Roughly $40 Billion

GPU designer NVIDIA Corporation is rumored to complete its Arm acquisition by next week at a cost ranging between $40 billion - $45 billion.

US' Nvidia Seals $40Bln Deal With Japan's SoftBank to Buy UK Tech Company Arm Holdings

MOSCOW (Sputnik) - California-based multinational tech company Nvidia and Japan's SoftBank Group (SBG) have made a $40 billion deal under which the former is set to...

Nvidia Stock Rallies Monday on Arm Holdings Acquisition

Nvidia stock is rallying Monday morning on news it secured a deal with SoftBank to buy Arm Holdings for $40 billion. Here's what it means.

Nvidia-Arm $40 Billion Deal Will Upend Entire Chip Industry

Tech leader Nvidia's planned takeover of a premier chip designer may be the final piece it needs to dominate the semiconductor industry for a generation.

Nvidia to buy U.K.'s Arm, sparking fears of chip dominance

U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to US$40 billion, in a move that would create a global powerhouse in the industry.

Nvidia acquisition of Arm throws company into tech spat between U.S. and China

Nvidia acquisition of Arm throws company into tech spat between U.S. and China

Nvidia close to acquiring chip maker ARM for $40 billion: Report

The Financial Times first reported in late July that Nvidia is reportedly in advance talks to acquire ARM in a cash-and-stock deal worth at least $32 billion.

NVIDIA (NASDAQ: NVDA) Officially Announces Definitive Agreement With SoftBank To Acquire ARM for $40 Billion

NVIDIA has officially announced a definitive agreement with SoftBank to acquire the British chip designer ARM for $40 billion

UK tech giant Arm Holdings to be sold to US company Nvidia in $40bn deal

Chip designer’s co-founder says deal is an ‘absolute disaster’ that will lead to UK job losses

Nvidia's Arm deal sparks quick backlash in chip industry

Nvidia Corp's US$40 billion agreement to acquire Arm Ltd from SoftBank Group Corp is likely to meet strong opposition from Nvidia's chip industry ...

Nvidia’s ARM deal likely to spark huge chip industry backlash

Nvidia's $40-billion agreement to acquire ARM is likely to meet strong opposition from Nvidia's chip industry rivals, analysts say, with murmurs of protest already emerging in South Korea and China.

SoftBank Is Said to Renew Talks to Go Private After Arm Deal

SoftBank Group Corp. is set to revive talks about taking the group private after reaching a deal to sell chipmaker Arm Ltd., according to people familiar with the matter.The Japanese conglomerate’s senior executives will be revisiting a management buyout plan, which had earlier met with internal opposition, the people said, asking not to be named as the information isn’t public. SoftBank is set to announce the sale of Arm to Nvidia Corp. soon, one of the people said. The cash-and-stock sale is e

Nvidia secures control of key global tech with $40bn Arm deal

Company at pains to allay conflict of interest concerns with UK chip designer’s other clients

Arm Founder: UK Could Be “Blocked from its Own Technology”

"Save Arm" Dr Hermann Hauser, a founder of the British chipmaker says a $40 billion sale to the US's NVIDIA could result in "American vassalage".

Today in European Tech: Nvidia inks $40B deal for Arm, Allegro files for a major IPO, and other deals and stories that caught our eyes

Hello! ere is what happened today in European tech: Deals – Still processing it: Nvidia will buy UK-based chip designer Arm from SoftBank for as much as $40 billion, the companies said this morning, in a deal set to reshape the global semiconductor landscape. – Na Zdrowie! Polish e-commerce giant Allegro has filed for an […]

Nvidia secures control of key global tech with $40bn Arm deal

Company at pains to allay conflict of interest concerns with UK chip designer’s other clients

Dry Ice Blasting Machine Market Analysis by Market Size, Market Status, Market Share, Growth with Top key players, and Forecasts to 2025

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Phototherapy Market Overview | Major Vendors Demand | 2020 Analysis and Forecasts Till 2023

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August retail inflation at 6.69 per cent

Wholesale price index (WPI) inflation rose to 0.16% in August from 0.58% in July. It turned positive in August for the first time since March reflecting a recovery in producers pricing power.

WPI inflation rises to 0.16% in August

The annual rate of inflation, based on monthly WPI (wholesale price inflation) was pegged rising at 0.16 per cent in August 2020, as compared to 1.17 per cent during the corresponding month of the previous year

India CPI Retail Inflation Rate August 2020: Govt data shows retail inflation grew 6.69% in August

India CPI Inflation Rate August 2020: The retail inflation measured by the Consumer Price Index (CPI) rose by 6.69 per cent in the month of August.

Retail inflation dips marginally to 6.69% in Aug, food inflation at 9.62%

Food inflation during the month stood at 9.62 per cent

WPI inflation accelerates to 0.16% in August

Country’s wholesale price inflation accelerated for the first time since March as the prices of food items and manufactured products soared, government

India's retail inflation stood at 6.69% in August

Inflation in the vegetables basket stood at 11.41 percent in August as against 11.29 percent in July.

Retail inflation eases to 6.69% in August

Retail inflation softened slightly to 6.69% in August, even as food prices continued to rule high, official data showed on Monday. Also read: WPI inflation rises 0.16% in August; food, manufactured it

Wholesale inflation rate rises to 0.16% in August

The annual rate of inflation based on wholesale price index (WPI) increased to 0.16% in August as compared to 1.17% in the corresponding month of the previous year, the government said on Monday.

India's retail inflation stands at 6.69% in August

Retail inflation marginally dips to 6.69% in August from 6.73% in July

Govt has revised downwards the retail inflation from the earlier estimate of 6.93 per cent. According to the CPI data, food inflation in August fell marginally to 9.05 per cent.

Retail inflation marginally dips to 6.69% in August against 6.73% in July

The retail inflation has grown beyond the Reserve Bank of India’s (RBI) upper margin of 6 per cent

WPI inflation rises for first time since March; August WPI rises this much

Wholesale Price Index (WPI) for August 2020 rose to 0.16% after being in a negative territory for four months straight since March.

WPI Inflation Turns Positive In August As Prices Begins To Soar

Indias wholesale price index (WPI) inflation for the month of August turned positive after a gap of four months. With lockdown easing, producers have begun to command pricing power in the otherwise disrupted market. As per the data released by the industry department today, WPI inflation for August came in at 0.16% a

August WPI inflation up at 0.16% after being in negative zone for 4 months

The annual rate of inflation based on WPI Food Index decreased from 4.32 per cent in July to 4.07 per cent in August

WPI inflation up a tad in August after 4 months of deflation

Index rose 0.16 per cent y-o-y; food, manufactured items turn costlier

WPI inflation rises 0.16 pc in August; food items turn costlier

Inflation in vegetables stood at 7.03 per cent, while in onion it was (-) 34.48 per cent..Wholesale price index. WPI. food inflation. Indian economy.Business News. Finance News

India’s August wholesale inflation boosted by food, fuel

On a sequential level, India's annual rate of inflation based on wholesale prices rose to 0.16 percent in August from (-) 0.58 percent in July.

Aug WPI inflation rises to 0.16 percent from -0.58 percent in July

WPI inflation rises 0.16% in August; food, manufactured items turn costlier

Inflation in vegetables stood at 7.03%, while in onion it was (-) 34.48%.

WPI inflation rises 0.16% in August; food, manufactured items turn costlier

The Wholesale price index based (WPI) inflation was in the negative territory for four straight months -- April (-) 1.57 per cent, May (-) 3.37 per cent, June (-) 1.81 per cent and July (-) 0.58 per cent.

Consumer Inflation At 6.69% In August, Remains Above RBI Target

Consumer inflation in the country came in at 6.69 per cent in August, a notch lower compared to 6.73 per cent in the previous month and slightly better than economists' estimates,government data showed on Monday. Marginally easing food prices, with the gradual lifting of coronavirus-related restrictions, led to the improvement in the overall inflation reading. The Reserve Bank of India (RBI) tracks retail inflation - or the rate of increase in consumer prices as determined by the Consumer Price Index (CPI) - primarily for making changes to its monetary policy.

Retail inflation decelerates in August, but remains above RBI's tolerance level

Data released by the National Statistical Office on Monday showed food inflation eased in August to 9.05% from 9.27% in the preceding month

WPI inflation rises 0.16% in Aug as manufactured items turn costlier

A modest decline in food inflation in August was driven by cereals, pulses, vegetables and milk costing less

India News | Retail Inflation Softens Marginally to 6.69 Pc in Aug

Get latest articles and stories on India at LatestLY. Retail inflation softened slightly to 6.69 per cent in August, even as food prices continued to rule high, official data showed on Monday. India News | Retail Inflation Softens Marginally to 6.69 Pc in Aug.

Retail inflation eases to 6.69% in August; rate cut hopes remain grim

Once again retail inflation remained above Reserve Bank of India's medium term target of 4-6 per cent, which means a rate cut is not likely to happen in the next monetary policy meet

Sequential retail price inflation marginally eased to 6.69% in Aug

New Delhi, Sep 14 (IANS) Lower food prices pulled down India’s August retail inflation to 6.69 per cent from 6.73 per cent in July, official data showed on Monday. India’s consumer food price index during the month under review rose to 9.05 per cent from 9.27 per cent reported for[Read More...]

WPI inflation rises 0.16% in Aug; food, manufactured items turn costlier

Inflation in food articles during August stood at 3.84 per cent

Sequential retail price inflation marginally eases in Aug (Roundup)

New Delhi, Sep 14 (IANS) Lower food prices pulled down India’s August retail inflation to 6.69 per cent from 6.73 per cent in July, official data showed on Monday. The data furnished by the National Statistical Office (NSO) showed that India’s consumer food price index during the month under review[Read More...]

Retail Inflation Eases In Aug But Stays Above RBI's Tolerance Level

On Monday, data released by the National Statistical Office (NSO) showed retail inflation for August at 6.69 percent from 6.73 percent in the previous month. CPI core inflation was recorded at 5.8 percent as compared to 5.7 percent in July.

India's August WPI up at 0.16%, Riding on High Food, Fuel Prices

On sequential level, India's annual rate of inflation based on wholesale prices rose to 0.16 per cent in August from (-) 0.58 per cent in July.

August WPI up 0.16%, turning positive for the first time after March

Wholesale price index (WPI) inflation rose to 0.16% in August from a 0.58% contraction in July as inflation for manufactured items advanced to 1.27% from 0.51% from the trailing month, data released by the commerce and industry ministry showed on Monday.

RBI Likely To Hold Repo Rate In October Policy Meet: Experts

August's retail inflation, at 6.69%, was lower than the 6.85% forecast in a Reuters poll of analysts and the 6.73% registered in July.

Monsoon session of Parliament begins today

The Monsoon session 2020 of Parliament is set to commence today. The fourth session of 17th Lok Sabha and 252nd session of Rajya Sabha is scheduled to be held today and subject to exigencies of government business, may conclude on October 1. According to a press release from the Ministry of Parliamentary Affairs, the session […]

Monsoon Session to begin from Sep 14  

Monsoon Session of Parliament will begin from tomorrow and continue till 1st of next month. In view of the COVID-19 pandemic, the session will be held in two shifts – 9 AM to 1 PM and 3 PM to 7 PM. Except for the first day, the Rajya Sabha will sit in the morning shift […]

Monsoon Session 2020 of the Parliament begins

The Monsoon Session of Parliament began from today by following all the COVID guidelines. The Session will continue for the next 18 days.Monsoon Session 2020 begins,Parliament Monsoon Session 2020 begins,Parliament Session begins,Monsoon Session begins,Parliament news,Parliament latest news,latest Parliament news,odisha,new delhi news,kalingatv,kalinga tv,kalingatv live,kalingatv news,Prime Minister Narendra Modi,covid cases india

Monsoon Session of Parliament begins today amid Covid-19: 10 points

A total of 47 items have been identified for being taken up during the Monsoon Session 2020.This will be the first Parliament session being held amid the COVID-19 pandemic

Monsoon Session 2020 Live Updates: 18-Day Session Begins Amid Covid Pandemic, 23 New Bills To Be Taken Up

The Monsoon session of Parliament began today amid unprecedented safety measures for coronavirus. The 18-day session -- which will be the fourth session of 17th Lok Sabha and 252nd session of Rajya Sabha -- will have four-hour sessions for each house each day.

No all-party meet before Monday's Parliament Monsoon Session

No all-party meet before Monday's Parliament Monsoon Session. The Monsoon Session of the Parliament is scheduled to commence on Monday and is slated to conclude on October 1. There will be no question hour and private members' business during the monsoon session.

Monsoon session gets underway today. Here's a look at key bills that are likely to be tabled

The govt is proposing to bring as many as 23 new bills while some already introduced ones could be taken up for passage.

Parliament's Monsoon session begins today, 47 items listed for 18 sittings

The fourth session of 17th Lok Sabha and 252nd session of Rajya Sabha is scheduled to be held today and subject to exigencies of government business, may conclude on October 1

Monsoon Session Of Odisha Legislative Assembly From Sept 29

The Monsoon Session of Odisha Legislative Assembly will begin from September 29 and conclude on October 7.

Monsoon Session of Parliament 2020 LIVE News And Updates

New Delhi: Amid unprecedented precautionary measures against COVID-19, the 18-day monsoon session of parliament begins on Monday. The session will commence with both the upper and lower Houses paying

Monsoon session of Parliament to commence today, will take up 47 items in 18 sittings till Oct 1

COVID-19: Only packed food in Parliament canteen during Monsoon session

In the wake of coronavirus, hand sanitizer machines have been installed and arrangements have been made to sanitise the canteen and its kitchen.The Monsoon Session of the Parliament is scheduled to commence on Monday and is slated to conclude on October 1

India News | Eight-day Monsoon Session of Odisha Assembly to Begin from September 29

Get latest articles and stories on India at LatestLY. The Monsoon session of the Odisha Assembly will start from September 29, and conclude on October 7, the notification issued by the secretary of Odisha Assembly said. India News | Eight-day Monsoon Session of Odisha Assembly to Begin from September 29.

Monsoon Session in Parliament to begin today, Opposition charts strategy | Bills on table

Key issues to be tabled during the Monsoon Session of Parliament include amendments to Insolvency and Bankruptcy Bill, Surrogacy (Regulation) Bill, and the Farmers' Produce Trade and Commerce Bill among others.

Only Packed Food In Parliament Canteen Dring Monsoon Session Amid Covid

Members of Parliament (MPs) will be given packed food in the canteen during the Monsoon session. This is among the several measures that are being taken in this session in the wake of the coronavirus.

'MPs chose path to duty,' says PM Modi as he thanks parliamentarians for Monsoon session

In this Monsoon session there will be no Question Hour.  Moreover, the Zero Hour, slotted for members to raise matters of public importance, has been cut short to 30 minutes

MPs must use monsoon session to review & reset India’s Covid fight as 24 of them test positive

ThePrint view on the most important issues, instantly.

Monsoon Session of Parliament to begin today; COVID-19, India-China row, economic slowdown in focus

The Monsoon session in Parliament generally takes place around mid-July but this year it got delayed in the wake of rising coronavirus cases in the country

Parliament's Monsoon Session: Centre withdraws Banking Regulation Bill to let RBI restructure cooperative banks

The Centre on Monday withdrew the Banking Regulation (Amendment) Bill, 2020 on the first day of the Monsoon Session.

With a heavy legislative agenda, Parliament session to kick off on Monday

Government has listed 34 Bills to be taken up for passage

Amid Covid, Parliament session tomorrow; Oppn seeks to corner govt over economy, border row

Starting September 14, both the houses will function without breaks, including on Saturdays and Sundays, till October 1.

PARLIAMENT AGAIN

Parliament starts its delayed Monsoon Session today for a fortnight’s deliberations and for conduct of important business. The last session ended right when Covid came calling, and life was brought to a standstill. Covid-induced social distancing nor

Top 10 coronavirus updates: WHO reports record daily rise in new cases from India, US and Brazil

A look at the biggest developments of the day.

Amazon Hiring 100,000 New Employees in U.S. and Canada

Amazon.com Inc. is hiring 100,000 full and part-time employees across the U.S. and Canada, offering starting wages of at least $15 an hour, the latest announcement in the Seattle-based e-commerce giant’s hiring spree.

Amazon adding 100,000 more employees in new hiring spree

Amazon said on Monday that it will hire another 100,000 workers, its fourth such run of hiring this year.

Amazon to hire 100,000

Amazon will hire another 100,000 people to keep up with a surge of online orders.

Amazon hiring 100,000 new full-time, part-time employees over 33,000 jobs announced last week

Global e-commerce giant Amazon said it will hire 100,000 additional workers in the US and Canada markets over 33,000 jobs announced last week

Amazon says it will add 100,000 jobs in U.S., Canada

Sept. 14 (UPI) -- Amazon said Monday it plans to hire 100,000 new workers in the United States and Canada.

Amazon Is Hiring A Further 100,000 People To Keep Up With Pandemic-Induced Demand

The e-commerce giant has already hired tens of thousands of people this year.

Amazon is hiring 100,000 people for minimum-wage jobs

(CNN) — Amazon is once again drastically expanding its workforce, announcing Monday that it’s hiring 100,000 new employees to support a surge in online shopping amid the ongoing pandemic....

Amazon is recruiting 100,000 new staff in its fourth major US hiring spree of the pandemic

Amazon is opening 100 new sites in September and adding 100,000 permanent staff across the US and Canada, it said Monday.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping surge

The company said the new hires will help pack, ship or sort orders, working in part-time and full-time roles. Amazon said the jobs are not related to its typical holiday hiring.

Amazon to hire 100,000 to keep up with online shopping surge

NEW YORK — Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in part-time and full-time roles.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon is expected to increase jobs as it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon will hire another 100,000 people to keep up with a surge of online orders.

Amazon hiring 100,000 workers in U.S. and Canada to meet surge in lockdown shopping

The world’s biggest online retailer announces fourth hiring spree in the U.S. this year, as it gears up for the festive period.

Amazon Announces 100,000 Job Openings Across the US and Canada

Amazon opens 100,000 full time and part time job positions across the US and Canada. Click to find out more about the offerings along with benefits.

Amazon hiring 100,000 workers amid COVID-19 online sales boom

Amazon plans to hire another 100,000 workers in the US and Canada amid a coronavirus-fueled boom in its online sales, the company announced Monday. The e-commerce titan’s fourth big hiring spree

Amazon plans to hire 100,000 more workers in Canada and the U.S.

Amazon plans to recruit 100,000 more workers in Canada and the United States to keep up with increased demand during the pandemic.

Amazon's hiring 100,000 workers to meet surging online shopping demand

Amazon says it plans to hire an additional 100,000 people to keep up with the surging demand for online shopping during the coronavirus pandemic. The online retailers says it needs workers to staff…

Amazon to hire 100,000 more workers in its latest job spree this year

NEW YORK, Sept 14 — Amazon.com Inc today said it is recruiting 100,000 more workers — the fourth hiring spree it has announced for the United States this year — to keep pace with e-commerce demand that jumped during the pandemic. The world's biggest online retailer said the positions are for...

Amazon to hire 100,000 more workers in its latest job spree this year

The world's biggest online retailer said the positions are for full and part-time work in its home country and Canada, and these will include roles at 100 new warehouse and operations sites it is opening this month.

Amazon to hire 100,000 more workers in its latest job spree this year

Amazon.com on Monday said it is recruiting 100,000 more workers — the fourth hiring spree it has announced for the United States this year — to keep pace with e-commerce demand that jumped during the pandemic.

Amazon to hire 100,000 more workers in its latest job spree this year

Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - ...

Amazon To Hire 1,00,000 Workers In US This Year

Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic.

Amazon to hire 1,00,000 more employees after massive growth due to Covid-19

Tech giant Amazon has announced its decision to recruit 1,00,000 more workers in the United States after its massive growth due to Covid-19.

10 huge companies, from Amazon to UPS to Home Depot, that are each looking to hire at least 20,000 people

Many companies are looking to grow — and some are even thriving — as life settles into a new normal.

Amazon to hire 100,000 to keep up with online shopping surge

NEW YORK: Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping orders surge

Amazon on Monday said it will be hiring another 100,000 people to keep up with a surge of online orders

Amazon to hire 100,000 to keep up with online shopping surge

Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in part-time and full-time roles.

Small-Cap, Mid-Cap Stocks Gained Up To 20% On Sebi's New Multi-Cap Fund Rule

The furore around new ruling on multicap funds which now demands fund manager to allocate 25% each to large, mid and small-cap stocks, there was seen surge in small cap and mid-cap stocks. While mid-cap stocks jumped over 2%, small cap managed to hit their 52-week high today outperforming the headline indices.

Mid/small-cap stocks rally on SEBI multi-cap norms

Investors see fund houses diversifying investments; brokerages call for caution

Multi-cap funds and the latest Sebi directive

Earlier, the minimum investment in equity and equity-related instruments was 65 per cent of total assets.

Best of BS Opinion: Loan moratorium, Sebi's order on multi-cap funds & more

Here's a selection of Business Standard opinion pieces for the day

SEBI clarifies on new multi cap fund rule, says mutual funds have many options

SEBI on Sunday said that mutual funds have many options to meet minimum criteria of circular pertaining to asset allocation framework for multi cap schemes based on the preference of their unit holders

SEBI may need to tweak its directive on multi-cap funds to serve investor interest better

While the move is well-intended to fix the undue bias towards large-caps, offering ample flexibility to fund managers is also critical

Committed to follow SEBI's new norms on multi-cap MF schemes: Amfi

'Given the flexibility now offered by Sebi to facilitate switch to other schemes or merger of schemes, the appropriate portfolio changes will accordingly happen in an orderly fashion,' the industry body said in a statement issued on late Sunday.

Committed to follow Sebi's new norms on multi-cap MF schemes: Amfi

Industry body Amfi has said it is committed to follow market regulator Securities and Exchange Board of India's (Sebi) new regulation on multi-cap mutual fund schemes

Multi-Cap Rule Change: SEBI Says Mutual Funds Free To Choose Route

On Sunday evening, SEBI clarified that mutual funds are free to choose the route for complying with the revised norms on multi-cap funds. The clarification provided on Sunday could help mutual funds look at options such as a merger of multi-cap funds into large and mid-cap schemes or conversion of the existing product

MFs have many options to meet 25% limit requirement on multi-cap schemes: SEBI

The capital markets regulator, in a circular issued on Friday, specified that minimum investment in equity and equity related instruments of large-, mid- and small-cap companies should be minimum 25 per cent each of total assets.

Sebi issues clarification on asset allocation framework for multi-cap MFs

In its latest press release, Sebi noted that some sections of media have reported various views on the circular and various conclusions are being drawn

SEBI circular on rebalancing multi-cap funds: Will 'true to label' deliver true returns?

SEBI needs to be appreciated for being quick and flexible in response.

A multi-problem rule from SEBI

Investors of multi-cap funds are in trouble, thanks to a new ruling from SEBI

Sebi clarifies on asset allocation norms for multicap schemes

It said mutual funds have many options to meet with the requirements of its circular pertaining to asset allocation framework for multi cap schemes based on the preference of their unit holders.

Funds Seek To Calm Investors As Sebi's New Norms Affect $2 Billion In Equity Assets

Securities and Exchange Board of India (SEBI) said so-called multi-cap funds should invest a minimum 75 per cent in stocks, with equal allocation of 25 per cent between large-, mid- and small-cap shares.

Despite Sebi clarification, demand for small & midcaps will rise: Sunil Subramaniam

Even after Sebi clarification, some of the multicaps will remain in the new frame and hence the demand for small and midcap stocks will rise a bit.

Smallcap stocks rally, SEBI ruling pushing broader markets up; time to buy midcap, smallcap stocks?

According to the analysts, multicap funds are among the biggest funds in terms of the number of schemes and AUM within equity diversified funds.

Teji Mandi: SEBI's new mandate - Will Small & Midcaps finally wake up?

M&M Fin, Federal Bank: Top financial picks post Sebi's multicap fund rule

We believe quality Mid & Small caps can deliver significant returns in the next 4-6 months as most institutional investors will try to comply with this new regulation, said Centrum Broking

Multicap funds with large AUM may face difficulty in re-shuffling portfolio

There is no need for existing multi-cap investors to panic or take any action, despite the likelihood of higher portfolio risk if the regulations are implemented in their present form.

Indian funds seek to calm investors after rule change affects $20 billion in equity assets

The Securities and Exchange Board of India (SEBI) on Friday said so-called multi-cap funds should invest a minimum 75 percent of their assets in stocks, but spooked industry by mandating equal allocation of 25 percent between large-, mid- and small-cap shares.

MFs to seek time to comply; plan alternatives to ‘protect’ investors

Even as the mutual fund industry plans to seek more time from SEBI to comply with its new regulations on multicap funds, it is already working on alternative ways to meet the new norms. These includ

Sensex ends 97 points lower, Nifty at 11,421; Airtel, SBI, PowerGrid top losers

Midcap and smallcap stock were bullish today after SEBI's announcement of new rules that multi-cap mutual funds will be required to increase their exposure to mid and small caps stocks to 25% of their AUM by January 2021

Good intent, bad planning

SEBI needs to avoid abrupt tweaks to rules that disrupt the market

Google aims to run on carbon-free energy by 2030

Alphabet's Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy.

Google aims to run on carbon-free energy by 2030

OAKLAND, California: Alphabet Inc's Google aims to power its data centers and offices solely with renewable energy by 2030, its chief executive told Reuters, becoming the biggest company in the world to commit to ditching coal and natural gas power.

Google aims to run on carbon-free energy by 2030

OAKLAND, Calif. – Alphabet Inc’s Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its

Google has eliminated its carbon footprint, plans to be completely carbon-free by 2030

When it went carbon neutral in 2007, Google cemented its place at the top of the tree when it comes to major global companies and sustainability. It has

Google Aims to go Carbon-Free by 2030 - The Mac Observer

Google has set itself an unprecedented target- to operate 24/7 on carbon-free energy by 2030, CEO Sundar Pichai has revealed.

Google pledges to only use carbon-free energy by 2030 in ‘biggest sustainability moonshot yet’

Google today announced its "third decade of climate action" with an ambitious pledge to go carbon-free by 2030, while also...

Google's lifetime net carbon footprint now zero, says Sundar Pichai

Sundar Pichai said that Google has eliminated its entire carbon legacy -- covering all its operational emissions before it became carbon neutral in 2007 -- through the purchase of carbon offsets

Google reduces entire carbon footprint to zero

Google has said it has now reduced its entire carbon footprint to zero, after using "high-quality carbon offsets" to wipe out its legacy.

Google has offset all the carbon it has ever produced, says CEO Sundar Pichai

Google said it is the first major firm to offset its historical carbon emissions. It will run on carbon-free energy by 2030, CEO Sundar Pichai said.

Google has offset all the carbon it has ever produced, says CEO Sundar Pichai

Google's CEO Sundar Pichai. Justin Sullivan /Getty Images Google says it has offset all of its historical carbon emissions. Sundar Pichai,

Google ‘eliminates carbon legacy’ as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google aims to use only renewable power by 2030

Google aims to power its data centres and offices solely with renewable energy by 2030, its CEO said, becoming the biggest company in the world to commit to ditching coal and natural gas power.

Google says it will shift entirely to clean energy by 2030

Google says it has effectively removed its entire carbon footprint dating back to the founding of the company, and plans to shift to renewable energy.

Google becomes first major company to eliminate entire carbon legacy - what does this mean?

Google Reverses Lifelong Carbon Emissions To Fight Climate Change

A few months after Microsoft pledged to undo by 2050 the climate harm it's done to the atmosphere by emitting carbon dioxide into the atmosphere, Google said it's already done so. "We have eliminated Google's entire carbon legacy," Chief Executive Sundar Pichai said Monday in a blog post. From a rep...

Google pledges to tap only renewable sources of energy by the next decade

By 2030, Google has pledged to shift all its data centers and offices to renewable sources of energy under a plan dubbed "Stretch Goal". It will ditch oil and gas-based power completely.

Google sets unprecedented goal to tap only renewable power by 2030

The

Google sets unprecedented goal to tap only renewable power by 2030

Google sets unprecedented goal to tap only renewable power by 2030

Our third decade of climate action: Realizing a carbon-free future

Sustainability has been a core value for Google since our founding. Now we're going further to help build a carbon-free future for everyone.

Google says it offset all of the emissions it has ever generated

Google eliminates its 'entire carbon legacy' and plans to use only clean energy by 2030.

Google announced one of the biggest green pledges from tech yet

The tech giant will do more than offset its emissions

Google ‘eliminates carbon legacy’ as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google ‘eliminates carbon legacy' as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google aims to run on carbon-free energy by 2030

Alphabet Inc’s Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy.

GST compensation: AP, Odisha join 11 other States to go for borrowing

The Centre has said that 13 States have communicated their decision to avail themselves of borrowings to meet the shortfall in GST compensation. Another six are expected to inform about their option i

GST compensation shortfall: 12 states pick option 1 of borrowing scheme

Congress-ruled states, Kerala, West Bengal and Delhi are yet to decide

13 states opt for Centre's proposal of borrowing to meet GST compensation shortfall

A total of 13 states have submitted their borrowing options to the Centre to meet the GST revenue shortfall.

13 states submit borrowing option to Centre to fund GST shortfall

These 13 states include Bihar, Odisha, Andhra Pradesh, Gujarat, Uttarakhand and Meghalaya

13 states submit borrowing option to Centre to fund GST shortfall

BJP states supported the borrowing option while non-BJP states are at loggerheads

13 States Submit Borrowing Option to Centre to Fund GST Shortfall

Out of the 13, 12 states have opted for the first option, under which the Union government has offered states that they could borrow the shortfall arising out of GST implementation, estimated at Rs 97,000 crore approximately.

13 states submit borrowing option to Centre to fund GST shortfall

Chief ministers of six non-BJP ruled states of West Bengal, Kerala, Delhi, Telangana, Chhattisgarh and Tamil Nadu have written to the Centre opposing the options which require states to borrow to meet shortfall.

13 states submit borrowing option to Centre to fund GST shortfall

These 13 states include Bihar, Odisha, Andhra Pradesh, Gujarat, Uttarakhand and Meghalaya..GST shortfall. India states. borrowing option. GST.Business News. Finance News

13 states submit borrowing option for GST shortfall, only Manipur opts to borrow from market

The 13 states include those ruled by the BJP and others like Odisha and Andhra Pradesh, ruled by parties that have supported it on various issues.

GST compensation: 12 states pick Rs 97,000-crore borrowing option, one state picks option 2

Only one state, Manipur, has so far opted for Option 2 which involves borrowing the entire compensation deficit from the market.

GST compensation cess less than one-fifth of total shortfall, Maharashtra among worst hit

Finance ministry says Maharashtra, Karnataka, UP, Gujarat, Tamil Nadu reported largest shortfall in GST collections. Three BJP-ruled states agreed to borrow to meet the shortfall.

GST: 12 states accept centre’s Rs 97,000 crore borrowing option

Six more states - Goa, Assam, Arunachal Pradesh, Nagaland, Mizoram and Himachal Pradesh - will be giving their option in a day or two, finance ministry sources said.

Why Centre and not states should borrow to resolve GST compensation impasse

Central govt has argued that states have more headroom to borrow, but estimates suggest that states’ borrowing costs are at least 0.5 percentage points higher.

GST compensation options: 13 states opt for offer, 6 to decide soon

The Centre had last month offered two options to states to compensate them under GST regime

13 states seek to borrow to meet GST gap

The fiscal woes of the central and state governments appear to have dealt a blow to the consensus-based approach

13 states opt for Centre's 'borrow' plan amid GST compensation row

As many as 13 states ruled by the BJP and parties that have supported it on various issues have submitted their borrowing options to the Centre to meet the GST revenue shortfall.

GST compensation cess: 13 states decide, 12 opt for 1st option

New Delhi, Sep 13 : A total of 13 states have so far decided on their borrowing options to meet their GST compensation shortfall and almost all have

GST compensation cess: 13 states decide, 12 opt for 1st option

GST compensation cess: 13 states decide, 12 opt for 1st option

GST compensation cess: 13 states decide, 12 opt for 1st option

                New Delhi, Sep 13, 2020- A total of 13 states have so far decided on their borrowing options to meet their GST compensation shortfall and almost all have decided to go for the first option proposed by the Centre, source said. Out of the 13, 12 states have opted for the first option, under which […]

Centre seeks Parliament nod for additional net cash expenditure of up to Rs 1.67 lakh crore

For meeting expenditure towards recapitalisation of public sector banks through government securities, the government has sought Rs 20,000 crore

FM Sitharaman presents first batch of supplementary demands; seeks additional Rs 2.35 lakh crore

The first batch of Supplementary Demands for Grants for 2020-21 includes 54 Grants and 1 Appropriation.

Govt seeks Parliament’s approval for Rs 2.35 lakh crore of additional gross expenditure

Finance Minister Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2,35,852.87 crore, including Rs 40,000 crore towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program.

FM Seeks Parliament Nod For Additional Rs 2.35 Lakh Crore In Spending

On Monday, Finance Minister Nirmala Sitharaman sought Parliament nod for additional spending of Rs 2.35 lakh crore, which includes cash outgo of Rs 1.66 lakh crore, primarily to meet expenses for combating the COVID-19 pandemic.

Nirmala Sitharaman seeks parliamentary nod for spending additional Rs 2.35 lakh crore

This expenditure includes Rs 40,000 crore towards enhanced expenditure under MNREGA. The first batch of Supplementary Demands for Grants includes 54 Grants and 1 Appropriations.

Parliament proceedings | FM presents first supplementary demands; seeks additional ₹2.35 lakh crore

The government has also sought ₹46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant

FM seeks Parliament nod for additional budgetary spending of ₹2.35 lakh crore

The government has also sought ₹46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant to the states as per recommendations for Fifteenth Finance Commission.

Parliament Session: FM Sitharaman seeks approval for additional spending of Rs 2.35 lakh crore

The government has also sought Rs 46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant to the states as per recommendations for Fifteenth Finance Commission

Centre seeks parliament's approval for additional spending of Rs 2.36 lakh crore

Of the additional expenditure of Rs 2.36 lakh crore, the most notable expenditures include Rs 44,340 crore to provide additional allocation under Post Devolution Revenue Deficit Grant to states

₹20,000-crore bank recap, ₹40,000 cr more for MNREGA top Govt’s additional spending plan

Finance Minister seeks Parliament nod for total extra expenditure of ₹2.35-lakh crore

FM presents first supplementary demands, seeks additional Rs 2.35 lakh cr

Includes Rs 40,000 crore towards enhanced expenditure under MGNREGA

Govt seeks parliamentary approval for additional Rs 1.67 trn expenditure

The additional requirement includes Rs 40,000 cr for works under MGNREGA and Rs 20,000 cr for bank recapitalisation

FM presents first supplementary demands; seeks additional Rs 2.35 trillion

This includes Rs 40,000 cr towards enhanced expenditure under MGNREGS

Bank recapitalisation: Govt seeks nod to infuse Rs 20,000 crore in PSBs

The government has sought Parliament's approval to infuse Rs 20,000 crore in public sector banks through issue of government securities

Govt seeks Parliament nod for Rs 20,000 crore capital infusion in public sector banks

In all, the government has sought Parliament's nod for additional spending of Rs 2.35 lakh crore, which includes a cash outgo of Rs 1.66 lakh crore, primarily to meet expenses for combating the COVID-19 pandemic.

FM presents 1st batch of supplementary demands; seeks additional Rs 2.3 trn

FM Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2.35 trillion, which include cash outgo of Rs 1.66 trillion, primarily to meet expenses for combating Covid-19

Finance minister seeks Parliament nod for ₹2.36 trillion additional spending

The first batch of supplementary demands for grants for the current financial year will involve additional budgetary burden of ₹1.67 trillion while around ₹69,000 crore will be met through savings by various departments

FM Sitharaman presents first batch of supplementary demands

The first batch of Supplementary Demands for Grants for 2020-21 includes 54 Grants and 1 Appropriations.

Govt seeks Parliament nod for Rs 20,000-cr capital infusion in PSBs

Amount part of Rs 2.35 lakh cr additional spending moved by FM in Lok Sabha

Govt. looks to spend ₹2.35 lakh cr. more

FM tables supplementary demand for grants; net outgo may be ₹1.67 lakh cr; States to get big chunk

Trump Says He Has Signed New Executive Order To Lower Drug Prices

US President Donald Trump said on Sunday he had signed a new executive order aimed at lowering drug prices in the United States by linking them to those of other nations.

Trump says he has signed new executive order to lower drug prices

Trump says he has signed new executive order to lower drug prices

Trump says he has signed new executive order to lower drug prices

WASHINGTON, Sept 13 (Reuters) - U.S. President Donald Trump said on Sunday he had signed a new executive order aimed at lowering drug prices in the United States by linking them to those of other nations.

Trump says he has signed new executive order to lower drug prices

U.S. President Donald Trump said on Sunday he had signed a new executive order aimed at lowering drug prices in the United States by linking them to those of other nations. "My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to…

Trump signs executive order to lower drug prices

Sept. 13 (UPI) -- President Donald Trump signed an executive order on Sunday that aims to lower drug prices in the United States by instructing Medicare to not pay more for certain medicines than other nations, prompting criticism from the pharmaceutical industry.

Trump signs new executive order aimed at lowering drug prices

President Trump on Sunday signed a long-awaited executive order aimed at lowering drug prices by linking them to the cost of the same drugs in other nations.

Trump Signs Most Favored Nation Executive Order for Drug Prices

President Trump signed an executive order on Sunday, part of his administration's ongoing efforts to lower drug prices for Americans. The president's "most favored nation" order seeks to lower the

Trump signs executive order to lower drug prices in fight against Big Pharma

The new order follows a series of four orders President Trump signed in July that similarly lowered prices of prescription drugs.

Donald Trump signs new, expanded executive order to lower US drug prices

Donald Trump signed a new executive order on Sunday aimed at lowering drug prices in the United States by linking them to those of other nations and expanding the scope of a July action

Trump signs executive order aimed at lowering prescription drug prices

President Donald Trump signed an executive order on Sunday to reduce the cost of prescription drugs for U.S. seniors by more closely aligning prices with...

Trump Signs New Order to Slash Drug Prices to ‘Same Low Price Big Pharma Gives Other Countries’

US President Donald Trump's Sunday tweet was short on details of his latest order targeting the pharmaceutical business, but the text posted on the White House website...

Trump moves forward with executive action to lower drugs costs

President Trump on Sunday announced his intention to move forward with an executive order he signed in July that intends to lower the price of prescription drugs. Trump said that the order seeks to

Trump says he has signed new executive order to lower drug prices

US President Donald Trump said on Sunday he had signed a new executive order aimed at lowering drug prices in the United States by linking them to ...

India to be largest source of energy demand growth: BP Energy Outlook

BP said the central view used in the main scenarios is that global economic activity partially recovers from the impact of the pandemic over the next few years as restrictions are eased, but that some effects persist.

BP says the era of oil-demand growth is over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

BP says the era of oil-demand growth is over

The British oil major’s recent report has said that the demand for oil will not go back to the pre-Covid levels

BP warns of oil demand peak by early 2020s

Coronavirus pandemic ushers in an earlier than anticipated decline for the fossil fuel era

India’s oil and gas import dependence to more than double by 2050: bp Energy Outlook 2020

India’s oil and gas import dependence is going to more than double by 2050, according to the bp Energy Outlook 2020. This is on the back of significantly higher domestic energy demand and a hastened t

End of Oil Era? BP Predicts Almost 70% Drop in Crude Demand Over Next 30 Years

The oil giant, which recently changed leadership, is pinning its hopes on the rapid expansion of non-fossil fuel energy, specifically green energy, which has been...

BP says era of oil-demand growth over, may not return to pre-Covid levels

The UK giant is describing a different future, where oil's supremacy is challenged, and ultimately fades

Peak oil is closer than you think: BP

UK energy giant BP has become the first major to warn that the global demand for crude oil will peak within the next few years.

Fossil fuel demand to take historic knock amid Covid-19 scars, says BP

LONDON, Sept 14 — Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast. BP's 2020 benchmark Energy Outlook underpins Chief...

Fossil fuel demand to take historic knock amid COVID-19 scars -BP

Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast.

Pandemic ushers early decline for fossil fuel era, BP says

Energy company warns of peak in demand for oil in next few years

BP Says the Era of Oil-Demand Growth Is Over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

BP says the era of oil-demand growth is over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

Breaking: Aviation unions ground Arik Air operations

Aviation unions, namely National Union of Air Transport Employees NUATE, Air Transport Services Senior Staff Association of Nigeria...

Passengers stranded as Aviation Unions shutdown Arik Air operations

Hundreds of passengers were on Monday stranded at the domestic wings of the Murtala Muhammed Airport (MMA), Ikeja, Lagos...

Breaking: Unions shuts down Arik Air operations

The News Agency of Nigeria reports that the unions included the National Union of Air Transport Employees and Air Transport Senior Staff Services Association of Nigeria

Aviation Union Halts Arik Air Operations In Lagos

Aviation unions on Monday shut down Arik Air operation over alleged failure to pay seven months’ salary arrears of workers and other anti-labour practice. Naija News reports that the Aviation unions claimed that the non-payment started after the company placed 90 per cent of the workforce on compulsory leave. The unions included the National Union […]

Unions shuts down Arik Air operations over 90% staff layoff

Operations of Arik Air were on Monday shut down by the aviation unions over alleged non payment of staff salaries since April after placing 90 per cent of the workforce on compulsory leave and other anti-labour practices.

Workers shut down Arik Air operations in Lagos

Operations of Arik Air were on Monday shut down by the aviation unions over alleged non-payment of staff salaries since April.They claimed that the non-payment started after the company placed ...

Updates: Why Aviation Union Halts Arik Air Operations In Lagos (Pictures)

Operations of Arik Air have been shut down by aviation unions over alleged non-payment of staff salaries since April and other “anti-labour practices. Naija News reports that the Aviation unions claimed that the non-payment started after the company placed 90 per cent of the workforce on compulsory leave. Meanwhile, speaking on the purported actions of […]

BREAKING: Union shuts down Arik Air operations in Lagos

Arik Air operation has been shut down by Aviation unions over alleged failure to pay seven months’ salary arrears of workers and other...

Passengers stranded as Union shuts down Arik Air operations in Lagos

It was gathered that Arik Air laid off over 90% of its workforce, a commonality that has risen since the advent of the COVID-19 pandemic.

Travel disruption: Arik Air apologises to passengers

Arik Air management on Monday apologized to passengers whose travel plans were disrupted by the picketing of its..

Carlyle may take $2 billion stake in Reliance Retail

The deal, if finalized, would be Carlyle's biggest investment in an Indian company and would be its first in the country's retail sector

Carlyle may take $2 billion stake in retail arm of India's Reliance: Mint

Carlyle may take $2 billion stake in retail arm of India's Reliance: Mint

Carlyle may take US$2 billion stake in retail arm of India's Reliance: Mint

Private equity firm Carlyle Group is looking to invest up to US$2 billion in Indian conglomerate Reliance Industries' retail business, financial ...

Carlyle may take $2 billion stake in retail arm of Reliance: Report

Carlyle Group is looking to invest up to $2 billion in Reliance Industries' retail business

Carlyle, SoftBank put on hold for Reliance Retail stake sale

Given the strong investor demand for Reliance Retail, Carlyle Group Inc and SoftBank Group Corp proposals to buy stake in billionaire Mukesh Ambani-led company have been put onto a waiting list

Top headlines: Carlyle, SoftBank on waiting list for Reliance Retail stake

Business Standard brings you the top headlines of the day

After Silver Lake, now Carlyle Group eyes a stake in Reliance's retail arm

If a deal is finalised, it will be Carlyle’s 1st investment in India's retail sector

Ambani Puts Carlyle, SoftBank on Waiting List for Reliance Retail Stakes

Investor demand for Reliance Industries Ltd.’s retail business is so strong that these companies are on a waiting list.

After Jio, global investors turn focus to Reliance Retail; Carlyle Group may pick up $2 bn stake in RRVL

American private equity group in its first investment in the Indian retail sector may buy stakes worth $2 billion in Mukesh Ambani-led Reliance Retail Ventures Ltd (RRVL), according to a report.

Demand for Reliance Retail stake is so high Mukesh Ambani is putting investors on wait-list

Carlyle & SoftBank have expressed interest in investing in Reliance Retail but have been asked to wait as Reliance is already in talks with other investors.

Reliance Industries rating: Hold — Deal could start off another round of investments

PE investment in line with intent to induct partners in retail business; no major catalysts visible over next six months; ‘Hold’ retained

TCS becomes second Indian firm to surpass Rs 9 lakh crore-market valuation

The company's market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price

TCS becomes second Indian firm to cross Rs 9 lakh crore-market valuation mark

Helped by the surge in its share price, the company's market valuation rose to Rs 9,14,606.25 crore on the BSE in early trade. It is the second most-valuable domestic firm in terms of market capitalisation.

TCS becomes second Indian firm to cross Rs 9 lakh crore-market valuation mark

The company's market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price..TCS. Tata Consultancy Services. TATA. Onmanorama. Manorama Online.Business News. Finance News

TCS becomes second Indian firm to cross Rs 9 lakh cr-market valuation mark

Tata Consultancy Services (TCS) on Monday became the second Indian firm to attain a market valuation of over Rs 9 lakh crore after Reliance Industries Limited.

TCS becomes second Indian firm to cross ₹ 9 lakh cr-market valuation mark

The stock of the software services firm gained 2.91% to ₹ 2,442.80 — its record high — on the BSE.

TCS second Indian firm to cross Rs 9 lakh cr-market valuation mark

The company's market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price

TCS becomes 2nd Indian company to cross Rs 9 lakh-crore in market valuation

Tata Consultancy Services (TCS) on Monday became the second Indian company after Reliance Industries to attain a market valuation of over ₹9 lakh crore. The company’s market valuation went past the ₹9 lakh crore-mark in early trade helped by a rally in its share price. TCS is also the first Indian IT company to cross ₹9 lakh crore in m-cap.

TCS becomes first Indian IT firm to cross Rs 9 lakh crore market capitalisation

TCS share hit all-time high on BSE today rising 3.37% to Rs 2,453 against previous close of Rs 2373 on BSE

TCS becomes second Indian firm to cross Rs 9 trillion market valuation mark

Tata Consultancy Services (TCS) on Monday became the second Indian company to attain a market valuation of Rs 9 trillion after Reliance Industries Limited

TCS 2nd Indian comapny to cross Rs 9 lakh cr-market valuation mark

The company's market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price

These firms raised Rs. 3 lakh crores to their market capitalisation last week

Out of the 10 most valuable firms, four Indian companies added Rs 301847.99 crore to their market. RIL is more than Rs.15 lakh crore in market valuation

RBI asks banks to use automated IT-based system for asset classification

Business News | RBI Asks Banks to Ensure Automation of NPA Identification

Get latest articles and stories on Business at LatestLY. The Reserve Bank of India (RBI) on Monday asked banks to put in place and upgrade their systems and ensure automation of non-performing asset (NPA) identification. Business News | RBI Asks Banks to Ensure Automation of NPA Identification.

RBI asks banks to complete automation of NPA recognition by 30 June 2021

In a notification issued on Monday, RBI observed that the processes for NPA identification, income recognition, provisioning and generation of related returns in many banks are not yet fully automated.

Upgrade system to identify NPAs, calculation of provisioning by June 30: RBI to banks

The Reserve Bank of India, on Monday, asked banks to upgrade their systems by June 30, 2021, for identification of non-performing assets (NPA) and calculation of provisioning.“In order to ensure the c

RBI pulls up banks over delay in automating NPA recognition process

Banks were advised in August 2011 to have appropriate IT systems for identification of NPAs and generation of related data/returns

RBI asks banks to complete automation of NPA recognition, calculation of provisioning by June 30, 2021

RBI observed that the processes for NPA identification, income recognition, provisioning, and generation of related returns in many banks are not yet fully automated.

RBI directs banks to complete automation of NPA recognition, provisioning calculation by June 2021

All borrowal accounts, including temporary overdrafts, irrespective of size, sector or types of limits, will be covered in the automated IT based system for asset classification, upgradation, and provisioning processes, says RBI

Banks' NPAs in large industry, services fall 31% in over two years to Rs 4.36 lakh crore

Banks' non-performing assets in large industry and services declined 31 percent in over two years to about Rs 4.36 lakh crore in June this year, Parliament was informed on Monday.

Banks' NPAs in large industry, services fall 31% in over two years to Rs 4.36 lakh crore

"As per Reserve Bank of India (RBI) data on domestic operations, NPAs of scheduled commercial banks pertaining to large industry and services have come down to Rs 4,36,492 crore as on June 30, 2020 (provisional) from Rs 6,35,971 crore as on March 31, 2018, registering a decline of 31 per cent," Thakur said in a written reply to the Lok Sabha.

Banks' NPAs in large industry, services dip 31% in over 2 yrs to Rs 4.3 trn

Banks' non-performing assets in large industry and services declined 31 per cent in over two years to about Rs 4.36 trillion in June this year, Parliament was informed on Monday

Banks' NPAs in large industry, services fall 31 pc in over two years to Rs 4.36 lakh cr

Banks' non-performing assets in large industry and services declined 31 per cent in over two years to about Rs 4.36 lakh crore in June this year, Parliament was informed on Monday.

S&P Expects India's Economy To Contract 9% In Fiscal 2021

S&P joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction.

S&P expects India's economy to contract 9% in fiscal 2021

The ratings firm joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction in April-June, as consumer spending, private investments and exports collapsed during one of the world's strictest lockdowns.

S&P Global Ratings expects Indian economy to contract 9% in fiscal 2021

S&P Global Ratings said that it was expecting India's economy to shrink by 9% in the fiscal year ending March 31, 2021, larger than its previous estimate of a 5% contraction

S&P: India’s economy to tank 9% in FY21 due to COVID-19

Following Moody’s take on the Indian economy, S&P Global Ratings said that the Asian nation is likely to see a 9% contraction in its GDP in the fiscal

India's economy likely to tank 9 pc due to Covid distress: S&P

S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer.

Business News | India's Economy Likely to Tank 9 Pc Due to Covid Distress: S&P

Get latest articles and stories on Business at LatestLY. S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer. Business News | India's Economy Likely to Tank 9 Pc Due to Covid Distress: S&P.

S&P slashes its FY21 growth forecast for India

"One factor holding back private economic activity is the continued escalation of the Covid-19,"

Rating agency S&P projects Indian economy to contract 9% in fiscal 2021

S&P Global Ratings on Monday revised its forecast for the decline in India’s economy to (-)9 per cent in the current fiscal, from previously predicted,

Economy to shrink 9% in FY21, says S&P

Extent of downslide increased from 5% contraction earlier

S&P slashes India’s growth forecast to -9% from previous estimate of -5% in FY 2021

The global ratings body said rising Covid cases in India will keep private spending and investment lower for longer.

S&P projects Indian economy to contract 9 pc in FY21; says COVID-19 will restrain economic activity

The ratings firm joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction in April-June, as consumer spending, private investments and exports collapsed during one of the world's strictest lockdowns.

HMT posts ₹43.81-crore loss in Q1

HMT Ltd’s losses have increased to ₹43.81 crore on a consolidated basis for the first-quarter (Q1) of FY 2020-21 as against the loss of ₹42.02 crore recorded in the same period last year.The company,

NBCC Q1 net profit down 80% to Rs 10.28 crore

The company's net profit stood at Rs 51.46 crore in the year-ago period.

ITI loss widens to ₹102.29 crore in Q1

Our Bureau ITI's losses have doubled to ₹102.29 crore on a consolidated basis for the first-quarter of FY 2020-21 as against the loss of ₹61.04 crore recorded in the same period last year.The com

Raymond Q1 net loss widens to ₹247.60 crore

Raymond Ltd on Monday reported widening of its consolidated net loss to ₹247.60 crore in the first quarter ended June 2020, impacted by COVID-19 and subsequent lockdowns.The company had a net loss of

Transformers and Rectifiers (India) reports Rs 3.6 crore loss for Q1

Transformers and Rectifiers (India) on Monday reported a consolidated net loss of Rs 3.6 crore for June quarter 2020-21 mainly due to lower revenues

SAIL reports over Rs 1,226 crore net loss in Q1 on lower sales

During the quarter under review, the company said its net profit declined to Rs 9,346.21 crore from Rs 14,998.20 crore in the April-June period of the preceding fiscal.

PC Jeweller posts net loss of Rs 73.55 cr in Q1

PC Jeweller Ltd on Monday posted a consolidated net loss of Rs 73.55 crore for the first quarter of 2020-21 fiscal on a sharp fall in sales. The company had clocked a net profit of Rs 39.21 crore in t

Latest News | SAIL Reports over Rs 1,226 Cr Net Loss in Q1

Get latest articles and stories on Latest News at LatestLY. Domestic steel major SAIL on Monday posted a consolidated net loss of Rs 1,226.47 crore for the first quarter ended June 30, mainly on account of reduced income. Latest News | SAIL Reports over Rs 1,226 Cr Net Loss in Q1.

Latest News | Transformers and Rectifiers Reports Rs 3.6 Cr Loss for Q1

Get latest articles and stories on Latest News at LatestLY. Transformers and Rectifiers (India) on Monday reported a consolidated net loss of Rs 3.6 crore for June quarter 2020-21 mainly due to lower revenues. Latest News | Transformers and Rectifiers Reports Rs 3.6 Cr Loss for Q1.

Latest News | NBCC Q1 Net Profit Down 80 Pc to Rs 10.28 Cr

Get latest articles and stories on Latest News at LatestLY. State-owned NBCC Ltd on Monday reported a 80 per cent decline in its consolidated net profit at Rs 10.28 crore for the quarter ended June. Latest News | NBCC Q1 Net Profit Down 80 Pc to Rs 10.28 Cr.

Macquarie flags 35 per cent pandemic hit to first-half earnings

Macquarie Group has told investors the turmoil unleashed by coronavirus will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

Macquarie flags $500m pandemic hit to first-half earnings

Macquarie Group says the turmoil unleashed by COVID-19 will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

Macquarie Group has warned its earnings will take a major first-half hit thanks to the coronavirus

Macquarie Group has warned its earnings will take a hefty first-half hit because of calm March-September trading after the steepest bear market on record and delayed mergers and acquisitions activity.

Macquarie's top share picks for the next phase of the recovery

Macquarie's top share picks for the next 12 months include potential vaccine beneficiaries Star Entertainment and SeaLink, as well as shipbuilder Austal.

Macquarie Group flags $300m profit hit

Calmer markets in the period between March and September, as trading volatility subsided following the steepest bear market on record, has dampened Macquarie's half-year income.

The Macquarie bubble has burst, unearthing its COVID vulnerabilities

For the first time since the GFC Macquarie is not providing guidance for the full year to the end of March 2021.

Macquarie flags 35 per cent pandemic hit to first-half earnings

Macquarie Group has told investors the turmoil unleashed by coronavirus will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

Macquarie flags 35 per cent pandemic hit to first-half earnings

Macquarie Group has told investors the turmoil unleashed by coronavirus will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

Macquarie flags $500m pandemic hit to first-half earnings

Macquarie Group says the turmoil unleashed by COVID-19 will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

The Macquarie bubble has burst, unearthing its COVID vulnerabilities

For the first time since the GFC Macquarie is not providing guidance for the full year to the end of March 2021.

The Macquarie bubble has burst, unearthing its COVID vulnerabilities

For the first time since the GFC Macquarie is not providing guidance for the full year to the end of March 2021.

Once an American foe, now a friend: Opec turns 60

LONDON, Sept 14 — In 1973, Arab members of the Organisation of Petroleum Exporting Countries brought the US economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding. Since Saudi Arabia and other Arab Opec members imposed their famous oil embargo as...

Once an American foe, now a friend: OPEC turns 60

In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the US economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding. Since Saudi Arabia and other Arab OPEC members imposed their famous oil embargo as retribution for US support for Israel during the Yom Kippur War, shifts in global politics and a surge in America's oil production have tamed the group.

Once an American foe, now a friend: OPEC turns 60

Shifts in global politics and a surge in America's oil production have transformed the group.

Once an American foe, now a friend: OPEC turns 60

In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the cartel created 60 years ...

There is no lessening of relevance for OPEC

In its 60th year, organisation will continue to carve a strategic role for itself and oil

OPEC turns 60, remains focused on balanced, stable oil market

OPEC turns 60, remains focused on balanced, stable oil market

OPEC turns 60: Why was it formed, who are the member countries, relationship with US and more

OPEC also formed an extended cartel with nine other nations including Russia called OPEC+

There's No Easy Fix to OPEC's Whack-A-Mole Problem

The oil cartel’s 60th anniversary is marred not only by Covid, but a failure to keep its diverse members disciplined in meeting their output targets.

Bringing US economy to its knees, to being a friend: Opec turns 60

Founded in Baghdad on September 14, 1960 to counter the power of seven US and British oil companies, Opec has repeatedly yielded to pressure from Washington

Big in Japan: UK announces first major post-Brexit trade deal

Britain on Friday announced its first major post-Brexit trade agreement -- a deal with Japan -- as its negotiations with the European Union become increasingly fractious.

In your face European Union! UK signs a bigger and better post-Brexit trade deal with Japan

This deal makes it clear that the UK does not want a deal with the EU as the Johnson govt agreed to give up on subsidies to some sectors in the Japan-UK FTA

Cost of no-deal Brexit on automotive industry revealed

A 10% tariff could be made on cars and up to 22% on vans and trucks, which would almost certainly need to be passed on to consumers, groups warned.

Brexit: Automotive industry warns of ‘no deal’ devastation

Automotive companies from across the UK and EU are calling for an ambitious free trade deal, warning ‘no deal’ will have a catastrophic impact on the industry.

UK, EU Auto Sectors to Lose Over $140Bln in Case of No-Deal Brexit, Trade Association Says

MOSCOW (Sputnik) - The so-called no-deal Brexit would cost the pan-European automotive sector about 110 billion pounds ($141 billion) over the next five years, the...

EU, U.K. Auto Makers Say Free Trade Deal Failure Will Cost Massive $130 Billion

The European Union and Britain must urgently seal a free-trade trade deal because failure would cost Europe’s automotive industry about $130 billion in lost trade over five years and jeopardize jobs in a crucial economic sector, according to leaders of the European automotive industry.

Cost of no-deal Brexit on automotive industry revealed

A 10% tariff could be made on cars and up to 22% on vans and trucks, which would almost certainly need to be passed on to consumers, groups warned.

Cost of no-deal Brexit on automotive industry revealed

A 10% tariff could be made on cars and up to 22% on vans and trucks, which would almost certainly need to be passed on to consumers, groups warned.

Cost of no-deal Brexit on automotive industry revealed

A 10% tariff could be made on cars and up to 22% on vans and trucks, which would almost certainly need to be passed on to consumers, groups warned.

OPEC: 2020 world oil demand to decline by 9.46 million bpd

World oil demand in 2020 is expected to fall by 9.46 million barrels per day (bpd), the Organization of the Petroleum Exporting Countries (OPEC) said

World News | OPEC Cuts Oil Demand Forecasts, BP Sees 'peak Oil' in 2020s

Get latest articles and stories on World at LatestLY. Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday as it cut its forecasts. World News | OPEC Cuts Oil Demand Forecasts, BP Sees 'peak Oil' in 2020s.

OPEC expects slower recovery for global oil demand

Sept. 14 (UPI) -- The decline in global oil demand due to the COVID-19 pandemic will be deeper and last longer than previously thought, OPEC said in a new outlook Monday.

OPEC forecasts steeper oil demand drop as coronavirus persists

World oil demand will tumble by 9.46 million barrels per day this year, the Organization of the Petroleum Exporting Countries said in a monthly report

OPEC cuts 2020 oil demand forecast, trims 2021 outlook on pandemic fallout

OPEC has cut its forecast for oil demand growth this year, citing a weaker-than-expected recovery in India and other Asian countries.

Has global oil demand hit peak? BP says it’s possible

LONDON, Sept 14 — Global oil demand might have already peaked and will likely not stop falling for the next 30 years, hit by virus fallout and moves towards greener energy, Britain’s BP predicted today. At the same time, the oil cartel Opec has revised its forecast for global demand lower...

Has global oil demand hit peak? BP says it's possible

Global oil demand might have already peaked and will likely not stop falling for the next 30 years, hit by virus fallout and moves towards greener energy, Britain's BP predicted Monday.

Opec downgrades 2020 forecast amid faltering demand

Opec has cut its forecast for the global oil market for the year, amid faltering demand and a weaker-than-expected recovery in Asia.

OPEC sees weaker outlook as demand falters, shale recovers

OPEC downgraded its outlook for the global oil market a few days before ministers meet, amid faltering demand and signs of a recovery in supply from U.S. shale drillers.

London City Airport cutting up to 239 jobs in 'crucial restructuring plans'

London City Airport has announced it is cutting up to 239 jobs as part of "crucial restructuring plans".

London City Airport is axing 239 jobs - 35% of its total staff - as part of 'crucial restructuring plans' amid Covid pandemic

London City Airport has announced it is cutting up to 239 jobs as part of

London City Airport to cut more than one third of jobs

London City Airport has announced it is cutting up to 239 jobs as part of "crucial restructuring plans".

London City Airport cutting up to 239 jobs

London City was the UK’s 12th busiest airport last year, handling 5.1 million passengers

Coronavirus: London City Airport to cut up to 239 jobs

London City Airport is to cut up to 239 jobs - or 35% of roles - as part of "crucial restructuring" prompted by the coronavirus pandemic.

Up to 239 jobs at risk at London City Airport

The airport was closed for nearly three months from March 25 due to the coronavirus pandemic.

London City Airport cuts 239 jobs as passenger numbers remain low due to Covid-19

London City Airport has announced it will cut up to 239 roles due to low passenger numbers during the coronavirus pandemic.

Up to 239 jobs at risk at London City Airport

The airport was closed for nearly three months from March 25 due to the coronavirus pandemic.

Up to 239 jobs at risk at London City Airport

The airport was closed for nearly three months from March 25 due to the coronavirus pandemic.

Up to 239 jobs at risk at London City Airport

The airport was closed for nearly three months from March 25 due to the coronavirus pandemic.

Pound-Dollar Week Ahead: Falling Into Fibonacci's Arms but Brexit Has Been Scrawled on Sterling’s Wall

The British Pound vs the US Dollar: GBP/USD News and Conversion Level for Pounds to Dollars

Pound-Canadian Dollar Week Ahead: Looking to Stabilise While Living On a Brexit Hope and Prayer 

CAD - Your Latest Canadian Dollar Exchange Rates and Forecasts

Pound Sterling Forecast to Recover by end-2020 vs. Euro and Dollar as 'No Deal' not Inevitable says BNP Paribas

The British Pound is being tipped to rise and recover its recent losses before the end of 2020 by international investment bank and lender BNP Paribas, however not before falling further in the near-term as Brexit-related anxieties build up once more.

Pound-Australian Dollar Recovers from Two-year Lows, Corrects from Oversold

The British Pound was on Monday seen moving higher and trying to consolidate against the Australian Dollar following the previous week's 3.65% decline, as market await fresh news on Brexit trade negotiations and Sterling recovered from oversold conditions

Dollar Edges Lower; Sterling Rebounds After Sharp Selloff

Dollar Edges Lower; Sterling Rebounds After Sharp Selloff

Is The Dollar Bounce Nearly Over?

Forex Analysis by Marc Chandler covering: EUR/USD, GBP/USD, USD/JPY, AUD/USD. Read Marc Chandler's latest article on Investing.com

Pound-New Zealand Dollar Sell-off Approaches Solid Support Level at 1.90

The Pound-to-New Zealand Dollar exchange rate (GBP/NZD) is expected to remain heavy given the solid and entrenched downside momentum in place, however the pair is increasingly at risk of entering oversold conditions and it will take a titanic push to the pair below 1.90.

Pound-Euro Week Ahead: On a Knife-edge as Market Hopes for Brexit Climbdown, BoE Looms

British Pound vs the Euro - Latest Exchange Rate News and Forecasts for Converting Pounds to Euros Today

Euro-Dollar Week Ahead: Struggling While Out in Deep Water, with Ball and Chains Around Each Ankle

The Euro vs the Dollar - Latest Exchange Rate News and Forecasts on the Euro Dollar Currency Pair Today

Euro Retreats after ECB Blows Hot and Cold On Currency Strength and 'No Deal' Brexit Risk Builds

The Euro vs the Dollar - Latest Exchange Rate News and Forecasts on the Euro Dollar Currency Pair Today

Facebook India appoints Arun Srinivas as Director of Global Business Group

Srinivas will spearhead the company’s strategic relationship with leading brands, agencies and partners to drive FB’s revenue growth in India

Facebook India appoints Arun Srinivas as director of global business group

Facebook said Srinivas appointment comes after a series of senior and leadership recruitments in recent months across marketing, partnerships, communications, and other key verticals demonstrating the companys expanding charter and commitment to India.

Facebook India appoints former Ola executive Arun Srinivas as Head for Global Business Group

Srinivas comes with 24 years of experience in senior sales and marketing roles at companies including Ola, Unilever and Reebok. He also had a stint at investment firm WestBridge Capital Partners where he led the consumer vertical.

Facebook India picks Arun Srinivas to lead global business group

Srinivas has 24 years of experience in senior sales and marketing roles at several companies such as Reebok, Unilever, and Ola

Facebook India Hires Ex-Ola COO Arun Srinivas as Head for Global Business Group

Facing intense political heat in India, Facebook on Monday announced the appointment of former Ola Chief Operating Officer Arun Srinivas as director of its Global Business Group to lead the strategy and delivery of the India marketing solutions charter that is focused on large advertisers and agencies. 📲 Facebook India Hires Ex-Ola COO Arun Srinivas as Head for Global Business Group.

Facebook India names ex Ola exec Arun Srinivas Head for Global Business

Social media giant Facebook on Monday said it has appointed former Ola executive Arun Srinivas as the Director of Global Business Group in India

Amid Hate Speech Fracas, Facebook India Appoints Arun Srinivas As Global Business Group Director

Facebook India has appointed ex-Ola COO Arun Srinivas as the director of Global Business Group, to drive revenue growth through marketing.

Facebook India hires ex-Ola COO as head for global biz group

Srinivas' appointment comes after a series of senior and leadership recruitments in recent months across marketing, partnerships, communications, and other key verticals in the country.

Facebook India appoints Arun Srinivas as director of global business group

He will spearhead the company’s strategic relationship with the country’s leading brands, agencies, and partners to drive Facebook’s growth

India bans export of all varieties of onion

“Rates have increased and there is shortage of onion in the domestic market. While this shortage is seasonal, a huge amount of exports were done in the last few months during the Covid-19 pandemic,” said an official aware of the development.

Centre bans export of onion with immediate effect amid shortage in domestic market

The ban, however, will not apply to onions exported in sliced or in powder form.

India Bans Export Of Onions With Immediate Effect

The move aimed at increasing availability and keeping prices in check.

India bans onion exports as prices treble in a month

The export of all varieties of onion was prohibited with the immediate effect, the government said.

Government bans export of all kind of onions with immediate effect

The export of all varieties of onions has been banned by the central government.

Govt bans export of onions with immediate effect

"The export of all varieties of onions... is prohibited with immediate effect," the Directorate General of Foreign Trade (DGFT) said in a notification.

Govt bans export of onions with immediate effect

The government on Monday banned the export of all varieties of onions with immediate effect, a move aimed at increasing availability and checking the price of the commodity in the domestic market.“The

Govt bans export of onions with immediate effect

Govt is anticipating a shortfall in the key cooking ingredient as its exports shot up 30% during April-July period

Govt bans export of onion with immediate effect

"The export of all varieties of onion is prohibited with immediate effect," the Directorate General of Foreign Trade (DGFT) said in a notification

Saudi Arabia to lift travel restrictions from Jan 2021

The Kingdom will partially lift the ban of international flights and open land, sea, and air borders for those who were excepted from the travel ban to enter and leave Saudi Arabia.

Coronavirus: Saudi Arabia to lift travel restrictions from Jan 2021

Saudi Arabia has announced that it will lift travel restrictions from January 2021

Saudi Arabia to lift some international flight restrictions on Sep 15

Saudi Arabia will partially lift its suspension of international flights as of Sept. 15 to allow "exceptional categories" of citizens and ...

Saudi Arabia to lift COVID travel restrictions for citizens after January 1, 2021

Saudi government will soon announce a plan to gradually resume Umrah

Saudi Arabia to completely open borders only next year

A statement issued online by SPA

Saudi Arabia to selectively lift intl flight ban on Sept 15

Saudi will scrap all travel restrictions on air, land, and sea transport for citizens on January 1, 2021.saudi travel ban. saudi international flight. travel news.Travel News. Kerala Travel News. Kerala Tourism News. Kerala Events. Travel events in Kerala

Saudi Arabia to ease international flight restrictions Tuesday

Saudi Arabia will partially lift its suspension on international flights from Tuesday, the interior ministry said, six months after travel curbs were imposed due to the coronavirus pandemic.The...

Saudi carrier Flynas to operate special flights to Dubai from September 17 to 28

Kingdom is gradually lifting restrictions on flight services and frequency

Saudi to ease international flight restrictions Tuesday

Saudi Arabia will partially lift its suspension on international flights from Tuesday, the interior ministry said, six months after travel curbs were imposed due to the coronavirus pandemic.

Uganda and Tanzania sign $3.5bn oil pipeline project

Tanzania and Uganda have signed an agreement allowing for the construction of a 1,445 km (898 miles) crude oil pipeline. The $3.5bn (£2.7m) project will connect Uganda’s oil fields to Tanzania’s port of Tanga. The signing ceremony was attended by the presidents of both countries. Oil reserves were found in Uganda in 2006 but production has been delayed partly by a lack of infrastructure including an export pipeline. A start date for construction has not yet been announced for what is set to become East Africa’s first major oil pipeline.

Tanzania, Uganda ink deal on $3.5bn oil pipeline project

Tanzania and Uganda signed an agreement Sunday to commence construction on a 1,445-kilometre (900 mile) oil pipeline through East Africa.

Tanzania, Uganda, ink deal on $3.5bn oil pipeline project

The multi-national plan is led by French petroleum giant Total in partnership with China's CNOOC and struggling British group Tullow Oil, which is seeking to finalise selling its stake in the venture.

World News | Uganda, Tanzania Agree to Build Long Heated Oil Pipeline

Get latest articles and stories on World at LatestLY. The leaders of Uganda and Tanzania have signed an agreement for the construction of what they say will be the world's longest heated oil pipeline, linking Uganda's planned oil fields in the country's west to the Indian Ocean port of Tanga. World News | Uganda, Tanzania Agree to Build Long Heated Oil Pipeline.

Major breakthrough attained in $3.5bn Tanzania-Uganda pipeline

All is set now for the kickoff of the Tanga-Hoima Pipeline, with Tanzania looking to March 2021 for the start of the construction of the $3.5 billion project.

Tanzania, Uganda Agree Profit Sharing for Planned Crude Pipeline

Tanzanian President John Magufuli said he agreed with his Ugandan counterpart on the sharing of profit from a jointly-planned $3.5 billion crude-export pipeline.

VIDEO: Magufuli, Museven give green light to $3.5 billion pipeline project

Tanzanian president John Magufuli and his Ugandan counterpart Yoweri Museveni on Sunday gave a green light for the construction of the oil pipeline, saying the remaining issues should immediately be

Uganda, Tanzania Agree to Build Long Heated Oil Pipeline

KAMPALA, Uganda — The leaders of Uganda and Tanzania have signed an agreement for the construction of what they say will be the world’s longest heated oil pipeline, linking Uganda’s planned oil fields in the country’s west to the Indian Ocean port of Tanga.

Silver futures up 0.45% to Rs 68,238 per kg on dollar weakness

In the futures market, silver for December delivery touched an intraday high of Rs 68,292 and a low of Rs 67,906 per kg on the MCX.

Lead futures rise 1.22% to Rs 149.05 per kg in evening trade

In the futures market, lead for September delivery touched an intraday high of Rs 149.45 and a low of Rs 146.80 per kg on the MCX.

Crude oil futures down 0.58% on weak demand, Brent trades below $40 a barrel

In the futures market, crude oil for September delivery touched an intraday high of Rs 2,769 and a low of Rs 2,713 per barrel on the MCX

Copper futures trade firm at nearly Rs 527 a kg on strong demand

In the futures market, copper for September delivery touched an intraday high of Rs 528.20 and a low of Rs 524.50 per kg on the MCX.

Cotton futures slip marginally to Rs 17,800 per bale in afternoon trade

In the futures market, cotton for October delivery touched an intraday high of Rs 17,860 and an intraday low of Rs 17,610 per bale on the MCX.

Nickel futures jump 0.84% to Rs 1,121 per kg in evening trade

In the futures market, nickel for September delivery touched an intraday high of Rs 1,122.60 and a low of Rs 1,111.40 per kg on the MCX

Natural gas rises nearly 3% to Rs 173.20 per mmBtu on strong overseas cues

In the futures market, natural gas for September delivery touched an intraday high of Rs 173.80 and a low of Rs 170.60 per mmBtu on the MCX

After PSUs, MSME Ministry train guns on 500 corporates for unpaid MSME dues; asks to pay ‘at earliest’

Credit and Finance for MSMEs: The ministry reminded private firms to join the TReDS platforms as it was made mandatory by the government in 2018 for all CPSEs and corporates with over Rs 500 crore turnover.

MSME Ministry urges corporates to clear sector’s dues

"Ministry has written e-letters to the owners, CMDs or top executives of these five hundred corporates. While conveying its support and solidarity in these difficult times, Ministry has strongly taken up the issue of pending payments of MSMEs."

MSME ministry asks corporates to clear dues of small units on priority

The MSME ministry has asked top 500 corporate groups to clear the pending dues of small and medium enterprises on priority as these payments are important for operations and sustenance of jobs in the sector

Government asks private sector to clear payments due to MSMEs

The ministry has also asked corporates to ensure that they are filing half-yearly returns as mandated by the Ministry of corporate affairs on their dues to MSMEs.

Govt asks top 500 private companies to clear MSME dues

In a letter to the heads of these companies, MSME secretary AK Sharma asked them to clear all dues as the payments are crucial for operation and survival of small businesses

Govt Asks Corporates To Clear MSME Dues On Priority

On Monday, the MSME Ministry has asked corporates of the country to clear dues of small and medium enterprises (SMEs) on priority as these payments are important for operations and sustenance of jobs in the sector.

Centre asks 500 big firms to clear MSME dues fast; govt pays up Rs 10,000 crore

In e-letters sent out to top bosses of the big companies, the Ministry of MSME headed by Nitin Gadkari has said that payment of past dues is very important for MSMEs' survival

If the FDA Can’t Help Ocugen Stock, You Have to Wonder Who Can

Potential investors in OCGN stock should treat it as speculation. The company hasn't been making money and doesn't have a plan.

After the Tesla Stock Split: 2 "Splits" to Avoid, and 1 to Watch

Stocks split because their businesses are booming -- not the other way around.

As iBio Stock Fades, It’s Time to Look Elsewhere for a Vaccine Play

A few months ago, there was lots of optimism for IBIO stock. But unfortunately, the company hasn't liveed up to the lofty expectations.

AstraZeneca Shows the Risk of Investing in Coronavirus Vaccine Stocks

Investors got a not-so-sweet reminder of the difficulties and risks of clinical trials.

Examining the different types of stocks

The ups and downs of the stock market can be downright exhilarating — or terrifying, depending on who you are. There’s a reason so many people refer to the capricious stock market as a roller coaster ride.

Why the Time May Be Right for GE and Patient Investors

GE stock has faced turmoil in the stock market before and is poised for recovery once the U.S. economy finds firmer footing.

7 Coronavirus Vaccine Stocks to Watch as Approval Nears

Whether or not we get an 'October Surprise' from President Donald Trump, these coronavirus vaccine stocks look hot now.

FDI inflow from China declines to $163.77 million in FY20: Anurag Singh Thakur

Giving details of the total foreign direct investment (FDI) inflow from Chinese companies in India, Minister of State for Finance Anurag Singh Thakur said, it was $350.22 million in 2017-18, while it declined to $229 million in the following year.

FDI inflow from China declines to $163.77 million in FY20: Anurag Thakur

There has been decline in foreign direct inflow from China in the last three years with FDI coming down to $163.77 million in 2019-20, Anurag Singh Thakur informed Lok Sabha

FDI inflow from China declines to USD 163.77 million in FY20: Anurag Thakur

With regard to outflow from India, Minister of State for Finance Anurag Singh Thakur said, it was USD 20.63 million in calendar year 2020 as against USD 27.57 million in the corresponding period last year. To curb opportunistic takeovers or acquisitions of Indian companies due to the current COVID-19 pandemic, the government issued Press Note 3 earlier this year, he said.

FDI inflow from China declines to USD 163.77 million in FY20: Thakur

Giving details of the total foreign direct investment (FDI) inflow from Chinese companies in India, he said, it was USD 350.22 million in 2017-18, while it declined to USD 229 million in the following year.

FDI inflow from China declines to $163.77 million in FY20: MoS Finance

There has been decline in foreign direct inflow from China in the last three years with FDI coming down to $163.77 million in 2019-20, Minister of State for Finance Anurag Singh Thakur informed Lok Sabha

Chinese investment in India falls 28.5% YoY to $163.77 million in FY20

FDI inflow from China has declined on an annual basis from $350.22 million in 2017-18 to $229 million in 2018-19 and further to $163.77 million in 2019-20

Seoul stocks open higher on tech gains, eased virus curbs

South Korean shares opened higher Monday, buoyed by tech gains and eased social distancing measures. The Korea Composite Stock Price Index (KOSPI) rose 17.38 points, or 0.73 percent, to 2,414.07 in the first 15 minutes of trading. The index rose above the 2,400-point mark as chipmakers continued to gain despite lingering valuation pressure on tech heavyweights in major economies. Investor sentiment also improved...

South Korea government, Samsung team up after Japan's export curbs on chip material

While industry sources warn South Korea has a long way to go, the need for self-reliance in chip technology has become more critical with the coronavirus pandemic and U.S.-China tensions threatening to accelerate supply chain shifts.

Seoul stocks rally on tech gains, eased virus curbs

South Korean shares jumped more than 1 percent Monday on the back of advances in tech shares and eased social distancing measures against the new coronavirus in the country. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose 31.22 points, or 1.3 percent, to close at 2,427.91. Trading volume was moderate at about 953 million shares worth some 11.9 trillion won ($1...

South Korea government, Samsung team up for self-sufficiency after Japan export curbs on chip material

DAEJEON, South Korea: When the South Korea government unveiled an expanded semiconductor material testing facility last month, the centrepiece was ...

New virus cases under 200 for 12th day; eased virus curbs applied in greater Seoul

New virus cases under 200 for 12th day; eased virus curbs applied in greater Seoul

South Korea's new virus cases stayed below 200 for the 12th straight day Monday, but health authorities remain on alert over continued cluster infections across the nation and untraceable cases. The country began eased virus curbs in the greater Seoul area for the next two weeks, allowing eateries, franchise coffee chains and other facilities to operate normally under stricter quarantine measures. The country added...

S. Korea set to decide whether to further extend stricter virus curbs in greater capital

South Korea is set to decide Sunday whether to again extend its tougher antivirus curbs in the greater Seoul area by another one week as it is struggling to contain the spread of the new coronavirus. The government will determine whether to further extend the Level 2.5 social distancing measures, set to end at midnight, in the densely populated capital region, amid expectations it may ease some business restrictions...

Rupee opens 13 paise up at 73.40 against dollar

For the day, brokerage Motilal Oswal Financial Services expects USDINR (Spot) to quote in the range of 73.20 and 73.80.

Rupee rises 21 paise to 73.32 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.15 per cent to 93.19.

Rupee rises 21 paise to 73.32 against US dollar in early trade

At the interbank forex market, the domestic unit opened at 73.40 against the US dollar, gained further ground to touch 73.32 against the US dollar, registering a rise of 21 paise over its previous close.

Rupee rises 21 paise to 73.32 against US dollar in early trade

The rupee strengthened by 21 paise to 73.32 against the US dollar in opening trade supported by weak American currency and positive domestic equities

Rupee rises against US dollar in early trade

The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.15% to 93.19.

Daily Rupee call: Buy rupee in declines

The rupee (INR) last week ended at 73.53, with a loss of 39 paise against the dollar (USD). Thus, on a weekly basis, the local currency closed below the key support of 73.5– a bearish indication. But

UBS explores merger with Credit Suisse

The chairmen of UBS Group AG and Credit Suisse Group AG are exploring a potential merger to create one of Europe’s largest banks, Inside Paradeplatz reported.

UBS and Credit Suisse reported to be in merger talks

Europe’s banking industry is under pressure to consolidate

UBS chairman maps out Credit Suisse merger

Axel Weber brought in management consultants to examine potential for a deal

UBS and Credit Suisse are reportedly considering a merger that would create one of Europe's largest banks

A Swiss financial blog reported that the two bank's chairmen have been involved on the potential deal, nicknamed Signal.

UBS and Credit Suisse are reportedly considering a merger that would create one of Europe's largest banks

Logos of Swiss banks Credit Suisse and UBS are seen Zurich Reuters A Swiss financial blog reported Monday that Credit Suisse and competitor UBS are

UBS and Credit Suisse Might Merge as One Entity

Credit Suisse and UBS, might see a possible merger as the chairmen of the banks are already considering to create a single European banking giant.

GRAINS-Soybeans rise above $10/bushel on Chinese demand, corn at 5-month peak

* U.S. cuts corn, soybean harvest outlook after August weather* Strong Chinese demand to support corn, soybean futures (Adds comment in paragraph 4, fund positioning)By Naveen ThukralSINGAPORE, Sept 14 (Reuters) - Chicago soybean prices gained for a second consecutive session on Monday, rising above $10 a bushel as Chinese buying and a lower estimate for U.S. production supported prices.Corn jumped to its highest since mid-March while wheat ticked higher.

GRAINS-Soybeans rise above $10 a bushel on Chinese demand

SYDNEY, Sept 14 (Reuters) - U.S. soybean futures rose above $10 a bushel on Monday as strong demand from China, the world's largest importer, underpinned the market.FUNDAMENTALS

China books biggest U.S. corn sale since Sept. 1

By Mark Weinraub CHICAGO, Sept 14 (Reuters) - Chinese buyers booked their biggest deal for U.S. corn since Sept. 1, the U.S. Agriculture Department said on Monday, after focusing their attention on U.S. soybeans since the start of the month.

CBOT Trends - Soy up 4-5 cents; wheat, corn up 1-2 cents

CHICAGO, Sept 14 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Monday.WHEAT - Up 1 cent to 2 cents per bushel* Wheat futures seen slightly higher on bargain buying after falling for six of the previous seven sessions.* CBOT December soft red winter wheat hit resistance at its five-day moving average overnight. Prices found support at Friday's low of $5.39-3/4.

Grains higher, livestock mixed

Grain futures were higher on Monday in early trading on the Chicago Board of Trade. Wheat for Sept. gained .032 cent at $5.4620 a bushel; Sept. corn rose .0360 cent at $3.64 a bushel; Dec. oats was up .01 cent at $2.72 a bushel; while Sept. soybeans advanced .054 cent at 10.02 a bushel.

Grains higher, livestock mixed

Grain futures were higher on Monday in early trading on the Chicago Board of Trade. Wheat for Sept. gained .032 cent at $5.4620 a bushel; Sept. corn rose .0360 cent at $3.64 a bushel; Dec. oats was up .01 cent at $2.72 a bushel; while Sept. soybeans advanced .054 cent at 10.02 a bushel. Beef …

Global shares mostly rise as investors look ahead to Fed

TOKYO (AP) — Global shares mostly rose Monday, continuing a [...]

Global shares rise as investors look ahead to Fed meeting

Global shares rose Monday, despite the roller-coaster ride that Wall Street ended with last week, as traders awaited cues from the U.S. central bank expected later in the week.

Asia shares rise as investors look ahead to Fed meeting

Asian shares rose Monday, despite the rollercoast ride that closed Wall Street last week, as traders awaited cues from the U.S. central bank expected later in the week.

Asia shares rise as investors look ahead to Fed meeting

TOKYO — Asian shares rose Monday, despite the rollercoast ride that closed Wall Street last week, as traders awaited cues from the U.S. central bank expected later in the week. Japan’s ruling Liberal Democratic Party was set to pick a new leader, who will by definition become the prime minister because of the party’s control …

Asia shares rise as investors look ahead to Fed meeting

Asian shares rose Monday, despite the roller-coaster ride that Wall Street ended with last week, as traders awaited cues from the U.S. central bank expected later in the week.

Asia shares rise as investors look ahead to Fed meeting

Asian shares rose Monday, despite the roller-coaster ride that Wall Street ended with last week, as traders awaited cues from the U.S. central bank expected later in the week.

Price hikes anger Nigerians as fuel subsidy ends

Economist Michael Famoroti said the corruption-riddled subsidy system that allowed some to profit hugely was simply no longer sustainable.

Price hikes anger Nigerians as fuel subsidy ends

The cost of fuel at the pump has risen by around 15% in recent days, hitting a record high of 162 naira per litre ($0.42, 0.36 euros), or $1.55 / 1.36 euros a US gallon, after the government pushed on with deregulation.

The needless furore over fuel subsidy removal

Mr President is in the eye of the storm recently for bravely realizing the inevitable expungement of the fuel subsidy in Nigeria, brave...

Oligbo condemns hike in fuel price, electricity tariff

PDP chieftain and frontline governorship aspirant for Anambra 2021, Oligbo, has condemned the increase in fuel price and electricity tariff.

Subsidy nemesis

These posers come in handy in the current debate on the propriety of the removal of subsidies on fuel and electricity by the Buhari.

Thai court allows Thai Airways to file for reorganization

BANGKOK — Thailand’s Central Bankruptcy Court on Monday gave the go-ahead to financially ailing Thai Airways International to submit a business reorganization plan and appointed seven planners to oversee it.

Thai Court Allows Thai Airways to File for Reorganization

Thailand’s Central Bankruptcy Court on Monday gave the go-ahead to financially ailing Thai Airways International to submit a business reorganization plan and appointed seven planners to overs…

Heavily indebted Thai Airways gets court nod for restructuring

BANGKOK, Sept 14 — A Thailand court today approved the restructuring of Thai Airways, which is billions of dollars in debt and struggling to survive the coronavirus tourism crash. The global aviation sector was plunged into crisis by the pandemic as countries severely restricted travel, forcing...

Heavily indebted Thai Airways gets court nod for restructuring

A Thailand court on Monday approved the restructuring of Thai Airways, which is billions of dollars in debt and struggling to survive the coronavirus tourism crash.

Heavily indebted Thai Airways gets court nod for restructuring

A Thailand court on Monday approved the restructuring of Thai Airways, which is billions of dollars in debt and struggling to survive the ...

Thai Airways staring at landmark court ruling on debt rescue plan

The Central Bankruptcy Court will decide whether the airline can proceed with its plan to rehabilitate its debt

ICICI Lombard General Insurance, YES Bank enter into bancassurance pact

ICICI Lombard General Insurance has entered into a bancassurance tie-up with private sector lender YES Bank.“The partnership will provide the bank’s diverse customer base access to the insurer’s portf

ICICI Lombard General Insurance inks bancassurance tie up with YES Bank

Private sector general insurer ICICI Lombard General Insurance Company Ltd said it has entered into a bancassurance tie-up with Yes Bank for selling its insurance products

ICICI Bank gets exemption for shareholding in two insurance arms

ICICI Bank, on Monday, said it has been exempted from provisions of the Banking Regulation Act relating toshareholding above 30 per cent in its two insurance subsidiaries. “As previously announced by

Insurance Act review gets back underway

The Reserve Bank will continue its review of the Insurance Act from October.

ICICI Lombard inks bancassurance tie up with Yes Bank

"The partnership will provide the bank's diverse customer base access to the insurer's portfolio and make insurance more accessible to its customers across India," ICICI Lombard General Insurance Company said in a regulatory filing.

ICICI Lombard, Yes Bank shares rise as they enter into bancassurance tie-up

Through this tie-up, ICICI Lombard aims to offer innovative insurance solutions to YES BANK’s customers across 28 states and 8 Union Territories.

Oil gains as storm causes U.S. gulf production halts

Oil gains as storm causes U.S. gulf production halts

Oil companies idle production as US Gulf Coast braces for hurricane

HOUSTON, Sept 14 — Energy producers and communities along the US Gulf Coast organised evacuations of residents and offshore workers yesterday as they prepared for the second hurricane strike in less than a month. Royal Dutch Shell Plc began shutting some of its offshore drilling operations...

Oil companies idle production as US Gulf Coast braces for hurricane

HOUSTON: Offshore platforms and one refinery along the U.S. Gulf Coast shut down on Sunday as they prepared for a second hurricane strike in less ...

Oil moves higher as storm threatens US Gulf Coast

Oil prices rose on Monday as a tropical storm in the Gulf of Mexico prompted drillers to evacuate rigs and shut-in production.

Oil companies idle production as US Gulf Coast braces for hurricane

Offshore platforms and one refinery along the US Gulf Coast shut down on Sunday as they prepared for a second hurricane strike in less than a month

Porting vs. new mortgage - The Mortgage Gal

Most people sign a five-year term when they buy a home.

New mortgage lender to offer fixed rate below 2%

A mortgage price war is on the cards as a new lender enters the Irish market with low fixed and v...

Avant Money enters mortgage scene with lowest rate on market

Pricing war begins as AIB responds with new loan-to-value fixed rate of 2.25%

Q&A: What’s all this about a cheap new mortgage, and can I switch?

Avant Money launches in Ireland with lowest interest rates in market

New Spanish mortgage player prompts immediate reaction

THERE has been an immediate response to the entry of a new Spanish player to the mortgage market.

Avant Money enters mortgage scene with lowest rate on Irish market

Pricing war begins as AIB responds with new loan-to-value fixed rate of 2.25%

Hold Bhel; target of Rs 35: ICICI Direct

ICICI Direct recommended hold rating on Bhel with a target price of Rs 35 in its research report dated September 14, 2020.

Hold BHEL; target of Rs 34: Prabhudas Lilladher

Prabhudas Lilladher recommended Hold rating on BHEL with a target price of Rs 34 in its research report dated September 12, 2020.

Sell BHEL; target of Rs 22: Motilal Oswal

Motilal Oswal is bearish on BHEL recommended sell rating on the stock with a target price of Rs 22 in its research report dated September 11, 2020.

Buy Shree Cement; target of Rs 23,453: Sharekhan

Sharekhan is bullish on Shree Cement has recommended buy rating on the stock with a target price of Rs 23,453 in its research report dated September 11, 2020.

Buy Crompton Gr. Con; target of Rs 310: Motilal Oswal

Motilal Oswal is bullish on Crompton Gr. Con recommended buy rating on the stock with a target price of Rs 310 in its research report dated September 11, 2020.

'Reversal repo rate' below 3.5% detrimental to economy: SBI Ecowrap

SBI report said that providing fiscal stimulus is the most effective solution in the current pandemic and it should be immediately provided in line with other countries

A ‘reversal’ repo rate below 3.5% will harm the economy, says SBI’s Ecowrap report

The report calls for an ‘activist fiscal policy’

Monetary policy has limitations, govt should act more to revive economy: SBI economists

Using a formula, they estimated the

Monetary policy has limitations, govt should act more to revive economy: SBI economists

Using a formula, they estimated the "lower bound" of interest rates — below which the gains of rate cuts start reversing — at 3.5 per cent for India as against the Reserve Bank of India's (RBI) policy repo rate of 4 per cent.

Rate cuts beyond a point could be counter-productive: Report

They further said that lowering policy rates below 3.5% could be counterproductive and recommended an activist fiscal policy going forward.

Khattar govt will protect farmers’ interest: Haryana Agri minister

Haryana Agriculture and Farmers’ Welfare Minister Jai Prakash Dalal said that the central government has implemented three new ordinances in the interest of farmers which will benefit the farmers to a great extent.

India News | Telangana Farmers Protest Against Centre's Agri-ordinances

Get latest articles and stories on India at LatestLY. The Telangana Farmers Associations on Monday protested against the agriculture ordinances passed by the Centre recently. India News | Telangana Farmers Protest Against Centre's Agri-ordinances.

MSP will stay, farmers will get investment, technology: Govt on farm sector bill

The government introduced three bill in Lok Sabha on farm sector with Union minister Narendra Singh Tomar asserting that they will help farmers get a remunerative price for their produce as well as private investments and technology

MSP will stay, farmers will get investment, technology: Govt on farm sector bills

The ordinances seek to provide barrier-free trade for farmers' produce outside notified farm mandis, and empower farmers to enter into farming agreements with private players prior to the production for sale of agri-produce, according to the government.

Hyderabad Techie Quits Job, Helps 400 Farmers Build Successful Organic Food Brand

"The company has been able to help out farmers sell their produce and find suitable markets and has helped triple the income they received."

Parent company of New York Sports Club and other gym chains files for bankruptcy

The parent company of New York Sports Club and several other fitness club chains has filed for bankruptcy protection as the COVID-19 pandemic continues to wreak havoc with its operations.

New York Sports Club owner files for bankruptcy, with gyms hit by pandemic

New York Sports Club owner Town Sports International filed for Chapter 11 bankruptcy Monday, with many gyms nationwide still shut because of the Covid pandemic. 

Parent of New York Sports Clubs and Boston Sports Clubs has filed for bankruptcy as the pandemic ravages gyms

Town Sports International, parent of New York Sports Clubs and others, filed for bankruptcy as many continue to exercise at home.

Parent Company Of Philadelphia Sports Club Files For Chapter 11 Bankruptcy

PHILADELPHIA (CBS) – The parent company of Philadelphia Sports Club has filed for Chapter 11 bankruptcy. Town Sports International, LLC, which has 61 affiliate companies including several Philadelphia Sports Club locations in the region, made the announcement Monday morning.

New York Sports Clubs files for Chapter 11 bankruptcy after forced gym closures

Town Sports International, the owner of New York Sports Clubs, filed for Chapter 11 bankruptcy on Monday after the coronavirus pandemic forced its gyms to close and caused revenue to dry up. The

NY Sports Club latest chain to seek bankruptcy protection

The company that runs New York Sports Club and Lucille Roberts gyms filed for bankruptcy protection with COVID-19, still prevalent in man parts of the U.S., gutting membership rolls at fitness compani

Delta to borrow $6.5 billion against frequent-flyer program

Sept. 14 (UPI) -- Delta Air Lines said Monday it plans to borrow $6.5 billion while using its SkyMiles frequent-flyer program as collateral, to help it navigate hardship brought on by the COVID-19 pandemic.

Delta latest airlines to raise funds through loyalty program

Delta Air Lines will use its frequent flyer program to back up $6.5 billion in funding as the pandemic continues to buffet air travel.

Delta will use frequent-flyer program to back $6.5 billion in debt

Delta Air Lines on Monday said that it will borrow $6.5 billion backed by its frequent-flyer program, the third airline to tap its loyalty platform to shore up liquidity amid the coronavirus crisis.

Delta will use frequent-flyer program to back $6.5 billion in debt

Delta Air Lines became the latest carrier to tap its frequent-flyer program to cover new debt.

Airline stocks led higher by Delta Air after travel demand rises to post-COVID-19 high

Airline stocks were broadly higher Monday, led by Delta Air Lines Inc., after more positive travel demand data, with a surge in the broader stock market also...

Mixed Reality Gaming Market Insights, Trends, Growth & Forecast Analysis 2020-2025

KD market Insights provides a forecast for global Mixed Reality Gaming Market between 2020 and 2025. In terms of value, market is going to register a 5.2 % CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle East & […]

Media Monitoring Tools Market Insights, Trends, Growth & Forecast Analysis 2020-2025

KD market Insights provides a forecast for global Media Monitoring Tools Market between 2020 and 2025. In terms of value, market is going to register a 5.2 % CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle East & […]

Fixed deposits: SBI revises FD interest rates; here are the latest rates

For deposits maturing in 1 year to less than 2 years, the bank has slashed interest rates by 20 basis points. The proposed rates of interest shall be made applicable to fresh deposits and renewals of maturing deposits.

SBI cuts interest rates on fixed deposits; check latest FD interest rates, revised changes here

The country's largest lender State Bank of India (SBI) has reduced interest rates on select tenors of fixed deposits with effect from 10 September.

SBI revises fixed deposit rates; check out latest changes

State Bank of India (SBI) has revised interest rates offered on its fixed deposits (FD). The rates have been changed on select maturities for 1 year period to less than 2 year period

SBI’s special fixed deposit scheme for senior citizens extended till December 31, check details here

SBI 'WECARE' Senior Citizens' Term Deposit scheme for senior citizens was launched in May to provide a higher interest rate to senior citizens in the current falling interest rate scenario.

China lays out new rules to tighten control over financial holding firms

Companies that hold banking assets will need to have at least 500 billion yuan in total assets, and those that do not hold banking assets should have at least 100 billion yuan in assets

China issues new rules to tighten control over financial holding firms

New rules apply to firms with a banking operation & financial assets of over $73 bn

China Tightens Rules for Conglomerates’ Financial Businesses

China is tightening rules and imposing capital demands on sprawling empires such as Ant Group and China Evergrande Group in its latest attempt to curb risks in the nation’s $49 trillion financial industry.

India’s crude oil import bill fell to a third due to COVID-19: Petroleum Minister

"Covid-19 pandemic has resulted in an unprecedented fall in demand which in turn has reduced revenue consequent to lockdown imposed in the country."

India's oil import bill dips by two-third on fall in global prices: Pradhan

India's crude oil import bill fell to a third in the first four months of the current fiscal after international oil rates nosedived on demand evaporating, Petroleum Minister Dharmendra Pradhan said

Oil slips as demand concerns rise, Libya output looms

Brent crude was down 33 cents, or 0.8 per cent, at $39.50 a barrel while U.S. West Texas Intermediate (WTI) crude futures were down 34 cents, or 0.9 per cent, at $36.99 a barrel by 0955 GMT

Oil mixed as storm threatens US gulf production

U.S. West Texas Intermediate (WTI) crude futures were up 9 cents, or 0.2%, at $37.42 a barrel by around 0050 GMT. Brent crude was down 3 cents at $39.80 a barrel.

WTI stays on the defensive below $37.00 despite risk-on mood

Prices of the barrel of the West Texas Intermediate have started the week on the negative footing in the sub-$37.00 region. WTI weak on demand jitters

USD/JPY remains depressed near 106.00 mark

The USD/JPY pair edged lower on the first day of a new week, albeit lacked any strong follow-through and remained confined in a familiar trading range

USD/JPY flirts with session lows, just below 106.00 mark

The USD/JPY pair remained depressed through the early North American session and was last seen hovering near the lower end of its daily trading range,

USD/JPY to turn bearish below 105.50

The greenback is weaker this Monday, with USD/JPY trading sub-106.00 as investors start the week with caution, ahead of the US Federal Reserve decisio

USD/JPY: Markets await a statistical catalyst to buy dollars again

USD/JPY remained stalled just above 106.00 as US and Japanese economic and central bank developments failed to provide direction or incentive for move

Dollar-Yen Rate Stuck on 106, Rallies Expected to Struggle

The USD/JPY exchange rate is quoted at 106.00 at the start of the new week, a level that is acting like a magnet for Dollar-Yen says analyst and technical forecaster Richard Perry of Hantec Markets.

7 Gun Stocks to Buy During the Coronavirus Pandemic

Pandemics typically bring out the worst in people and this known fact is driving firearms sales through the roof.

2 Cheap Dividend Stocks You Can Buy Right Now

Both of these investments pay more than 5% annually.

9 Robinhood Stocks Flying Under the Radar

Robinhood stocks have generated much attention this year, but here are some names that you may not have heard about.

7 ‘A-Rated’ Small-Cap Stocks That Could Bring Big Returns

The mega-caps have had their day and now it’s time for small-cap stocks to take leadership positions on the market.

3 Stocks for Beginners to Base a Portfolio On

The best stocks to buy for beginners are those of successful, well-established companies with simple products and lacking significant threats.

Full pension credit uptake ‘could lift 450,000 elderly people out of poverty’

A report by the charity Independent Age found only 61% of those eligible are receiving the benefit.

Four in 10 pensioners missing out on key benefit, says report

Failure to deliver pension credit to poorest ‘is costing NHS and social care £5bn a year’

450,000 people missing out on up to £173.75 a week from Government

Just 61 per cent of those eligible are receiving the benefit

Full pension credit uptake ‘could lift 450,000 elderly people out of poverty’

A report by the charity Independent Age found only 61% of those eligible are receiving the benefit.

Full pension credit uptake ‘could lift 450,000 elderly people out of poverty’

A report by the charity Independent Age found only 61% of those eligible are receiving the benefit.

Swiggy delivery executives in Hyderabad to go on strike

Hyderabad, Sep 14 (IANS) Delivery executives of food-delivery platform Swiggy in Hyderabad will go on indefinite strike from Tuesday, demanding a hike in their delivery charges. They claimed that Swiggy has reduced their earning structure amid the Covid-19 pandemic and despite the rise in petrol prices. The delivery executives said[Read More...]

Swiggy delivery executives on strike from today

Old incentive of ₹35 has been trimmed to ₹15

Swiggy delivery executives in Hyderabad to go on indefinite strike from Tuesday

Claiming that amid a rise in coronavirus cases and petrol prices, Swiggy has reduced their earning structure, the delivery executives of Swiggy in Hyderabad have announced an indefinite strike from Tuesday.

After Chennai, Swiggy Delivery Executives Announce Indefinite Strike In Hyderabad

After going on strike in Chennai last month, Swiggy’s delivery executives have announced an indefinite strike in Hyderabad against low wages.

Swiggy delivery boys to go on indefinite strike in Hyderabad

Hyderabad: Thousands of Swiggy delivery executives boycotted work on Monday in the city to protest against the food delivery company’s decision to

Ontario's legislature returns for its fall session today

Ontario's legislature returns for its fall session today, but with the COVID-19 pandemic still affecting daily life, the Progressive Conservative government's house leader says it will not be business as usual.

Ontario legislature resumes today as pandemic dominates the agenda

TORONTO — Ontario's legislature returns for its fall session today, but with the COVID-19 pandemic still affecting daily life, the Progressive Conservative government's house leader says it will not be business as usual.

Hospitals warn of second lockdown as Ontario COVID-19 numbers rise

The head of the Ontario Hospital Association is warning that increasing COVID-19 case rates could lead to another provincial lockdown.

Hospitals warn of second lockdown as Ontario COVID-19 numbers continue to jump

TORONTO — Increasing COVID-19 case rates could plunge Ontario into another lockdown, the head of the province's hospital association warned as the government reported a case spike for the fourth consecutive day.

Premier Ford, ministers to make announcement at Queen's Park

Ontario Premier Doug Ford will make an announcement on Monday afternoon as the legislature returns for its fall session and more students return to school.

AstraZeneca shares rise as UK coronavirus vaccine trial resumes

AstraZeneca shares rise as UK coronavirus vaccine trial resumes

AstraZeneca shares rise as UK coronavirus vaccine trial resumes

Shares of AstraZeneca rose 1per cent to 8,516 pence on Monday after the British drugmaker received the go-ahead from safety watchdogs over the ...

Asian shares on firm footing as vaccine trials resume

SYDNEY, Sept 14 — Asian shares started higher today as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase-3 trial while sentiment was still cautious ahead of a big week of central bank meetings in UK, Japan and the United States. MSCI's broadest index of...

Asian shares on firm footing as vaccine trials resume

Asian shares started higher on Monday as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase-3 trial while sentiment ...

Global Markets: Asian shares buoyed by coronavirus vaccine hopes

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7%, poised for its second straight session of gains

Chainlink to Start Supplying Data for Crypto.com’s DeFi Wallet

The new integration will provide users of Crypto.com's DeFi wallet with access to accurate and untampered price data, ChainLink said.

Crypto.com views Chainlink integration as a gateway to DeFi

Crypto.com believes that having control over one's finances, data and identity is a basic human right.

The evolution of DeFi and its unique token distribution mechanics

The next step of DeFi’s evolution in decentralization is enabling true scalability, interoperability and access to networks beyond Ethereum.

Investing in DeFi? Bet on diversification, not short-term gains

Several cases show us that while there are amazing opportunities for gains in the DeFi space, there are also many risks that must be considered.

What Biden’s tax plan really says

ATLANTA — President Donald Trump describes Democratic challenger Joe Biden as a “tool” of “radical socialists” who are bent on taxing every American business and household into bankruptcy. Some progressives say Biden is a corporate crony who will never address systemic inequalities in U.S. society. In reality, Biden has taken a relative consistent approach over five decades in politics and during his latest White House bid. The former senator and vice president backs an active federal government that he says should support but not constrict private enterprise, and he believes the highest federal tax burden should fall on the wealthiest. “Go out and make a million bucks,” Biden would sometimes tell deep-pocketed

Millionaires Would Pay Up Under Biden Tax Plans, Study Shows

Millionaires could see much bigger tax bills if Democrat Joe Biden is elected president in November, but levies on most households below the top income brackets would stay about the same as under President Donald Trump, an outside analysis shows.

Biden's plans would increase revenue by $3T, spending by $5T: analysis

Democratic presidential nominee Joe Biden’s plans would increase tax revenue by $3.375 trillion and raise federal spending by $5.35 trillion over a 10-year period, according to an

Elon Musk's SpaceX Has the Most Payload to Bring to Space in 2020—Asks Fans to Compile 'Numbers That Really Matter'

Elon Musk ask fans to compile tonnage of all orbit launches in 2020 and Starlink tops the list. Exciting feat shared by Musk on Twitter with fans!

Elon Musk: Next Starship Launch Will Fly 12 Miles High

According to SpaceX CEO Elon Musk, the space company's latest full-scale Starship prototype dubbed SN8 will ultimately attempt to fly to 60,000 feet.

SpaceX SN8 to launch and fly to 60,000 feet next week

Elon Musk, head of SpaceX, has announced via Twitter that the company's SN8 rocket will take a test flight sometime next week. The plan is for the rocket is to soar up to 60,000 feet (18,300 meters) and ...

SpaceX's next Starship prototype will try a 60,000-foot return flight

Elon Musk has revealed that SpaceX's Starship SN8 prototype will have a nosecone and attempt a 60,000-foot return trip.

SpaceX set to launch its latest Starship prototype with completed nose cone 60,000 FEET into the air next week

SpaceX CEO Elon Musk announced the firm is gearing up for a third Starship rocket test flight. Unlike the previous prototypes, SN8 is set to launch 60,000 feet into the air.

Canberra presses Rio Tinto to appoint Australian as next CEO

Government asks mining group to make move after destruction of ancient Aboriginal site

Frydenberg tells Rio Tinto to hire Australian CEO

The Morrison government wants and expects an Australian chief executive and majority Australian board. Will the London headquarters listen?

Keating weak on Rio Tinto deal: Costello

The Keating government waved through the creation of Rio Tinto without strong local content rules, which is why we are still arguing about whether the CEO should be Australia even though 90pc of earnings come from iron ore.

The next five tasks for Rio's discredited board

With chief executive Jean-Sébastien Jacques all but gone, Rio Tinto's directors must step up and decide how they will fix the board and the company. 

Back to the future: McKeon puts the CRA back into Rio

Simon McKeon was intimately involved in the merger of Australia's CRA with London's Rio Tinto, and now he is tasked with restoring the balance

Credit Guarantee, Seed Fund Schemes On Anvil To Support Startups

DPIIT said that the credit guarantee & seed funds scheme were currently going through an inter-ministerial consultation process to work out the contours of the schemes.

Credit Guarantee, Seed Fund Schemes Under Development for Startups Support

Credit Guarantee and Seed Fund Schemes are currently undergoing inter-ministerial consultation, as per Guruprasal Mohapatra, Secretary of DPIIT.

Coming soon, credit guarantee scheme, seed fund for startups; DPIIT working on solving funding issues

According to DPIIT Secretary Guruprasad Mohapatra, an inter-ministerial consultation process is underway to frame the contours of a credit guarantee scheme and a seed fund scheme.

Govt introduces bill in Lok Sabha to bring cooperative banks under RBI supervision

Opposition members opposed the introduction of the Banking Regulation (Amendment) Bill, accusing the Centre of encroaching on the rights of states.

Banking  Regulation  Bill tabled in Lok Sabha

Law aims to bring cooperative banks under RBI’s regulatory framework.The proposed bill will empower RBI to create bank merger scheme without moratorium norms

Bill to strengthen regulatory framework of cooperative banks introduced in LS

Finance Minister Sitharaman also introduces Factoring Bill in lower house

Finance minister introduces Banking Regulation (Amendment) Bill in Lok Sabha

With the amendments, RBI will be able undertake a scheme of amalgamation of a bank without placing it under moratorium

Public banks need much more than Rs 20,000 crore capital infusion

Government's plan to infuse Rs 20,000 crore into public sector banks puts no pressure on the Centre, but the lenders have to be ready with enough capital if matters go south

Public sector banks need real capital infusion

If the banks are to buy government bonds with the money transferred to them as capital, it amounts to accounting jugglery

Govt seeks Parliament nod for Rs 20,000 cr capital infusion in public sector banks

The government on Monday sought Parliament's approval for infusing Rs 20,000 crore in public sector banks in the current financial year to meet regulatory requirements.

Govt to infuse Rs 20,000 cr in public sector banks; seeks parliamentary nod

The government has infused Rs 3.5 trillion in PSBs in the last few years, with the previous round of recapitalisation taking place in September 2019

Is Boeing's '737 Max' Safe Now?

America's Federal Aviation Administration "laid out the proposed fixes for the design flaws in the MAX's automated flight controls," reports the Seattle Times, "starting a clock that could see Boeing get the green light sometime next month — with U.S. airlines then scrambling to get a few MAXs...

Senior Boeing Engineers Unaware of 737 Max Issues Before Crashes

The top engineers overseeing the design of Boeing Co.’s 737 Max told congressional investigators they weren’t aware of key design decisions later identified as flaws in two fatal crashes.

Boeing executives defend safety decisions on 737 MAX development

Two senior Boeing Co executives who oversaw the development of the 737 MAX defended the company's decisions on a key cockpit system later tied to ...

Boeing 737 MAX Safety System Development ‘Wasn’t a Mistake’, Former Planemaker Exec Claims: Report

Boeing 737 MAX jets were grounded in the US and many countries across the world after two deadly crashes in October 2018 and March 2019. Both tragedies were blamed on...

No proposal for raising FII limit in PSBs to 49%: Anurag Singh Thakur

There is no proposal for raising Foreign Institutional Investment (FII) ceiling in public sector banks to 49% from 20%: Anurag Singh Thakur.No amount has been raised by the government in the current financial year for recapitalisation of PSBs

No proposal for raising FII limit in public sector banks to 49%: Thakur

There is no proposal for raising FII ceiling in public sector banks to 49 per cent from 20 per cent for capital mobilisation, Minister of State for Finance Anurag Singh Thakur informed the Lok Sabha

No proposal for raising Foreign Institutional Investment limit in PSBs to 49%: Anurag Singh Thakur

Replying to another question, he said, the government and World Bank have so far signed only one loan of $750 million on May 15, 2020 as budgetary support to the Government for accelerating India’s COVID-19 Social Protection Response Programme in order to support measures undertaken under Pradhan Mantri Garib Kalyan Yojana (PMGKY), the benefits of which have flown to all States/UTs.

No proposal for raising FII limit in PSBs to 49%: Thakur

There is no proposal for raising Foreign Institutional Investment (FII) ceiling in public sector banks to 49% from 20% for capital mobilisation, Minister of State for Finance Anurag Singh Thakur infor

Promoter share pledging among NSE cos at 3-year high; value of pledged shares now at Rs 2.77 lakh cr

In value terms, the pledged shares amount to Rs 2.77 lakh crore, adding almost Rs 1 lakh crore from the previous month.

Pledging of shares by promoters hits 3-year high in August: Report

Pledging of shares by promoters in the NSE-listed firms reached at 1.86% of the total market capitalisation in August, making it the highest in three years, according to a report by primeinfobase.com

Promoter share pledging hits 3-year high in August: Report

High pledge levels are typically not considered a good sign by the investors as a downturn in the market price can lead to invocation and change in management.

Promoter share pledge at a 3-year high

New Delhi, Sep 14 (IANS) Pledging of shares by promoters in companies listed on NSE reached a three-year high of 1.86 per cent of total market capitalisation. The last time it was higher was on April 30, 2017 at 1.88 per cent, as per prime info base, an initiative of[Read More...]

Thousands rorting JobKeeper ignored by ATO

Thousands of businesses accused of rorting JobKeeper have reportedly been ignored by the Australian Taxation Office (ATO), which has yet to issue even one penalty:

Clamp down on JobKeeper rorts, detractors argue

The $101 billion JobKeeper program has not yet seen one fine issued for rorting.

Clamp down on JobKeeper rorts, detractors argue

The $101 billion JobKeeper program has not yet seen one fine issued for rorting.

Clamp down on JobKeeper rorts, detractors argue

The $101 billion JobKeeper program has not yet seen one fine issued for rorting.

Alibaba Is in Talks to Invest $3 Billion in Grab

Alibaba Group Holding Ltd. is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.

Alibaba in talks to invest US$3b in Grab, according to Bloomberg reports

BEIJING, Sept 14 — Alibaba Group Holding Ltd is in talks to invest US$3 billion in Southeast Asia's biggest ride-hailing firm Grab Holdings Inc, Bloomberg News reported today, citing people familiar with the matter. The Chinese conglomerate will be the sole investor in the funding round and will...

Alibaba is in talks to invest $3 billion in Grab: Report

Alibaba Group Holding Ltd is in talks to invest $3 billion into Southeast Asia's biggest ridehailing firm Grab Holdings Inc, Bloomberg News reported on Monday, citing people familiar with the matter.

Alibaba is in talks to invest US$3 billion in Grab: Report

SINGAPORE: Alibaba is in talks to invest US$3 billion into Southeast Asia's biggest ride-hailing firm Grab, Bloomberg News reported on Monday (Sep ...

Fed urged to back up new dovish policy with action

Investors look for guidance from US central bank as hopes of fiscal stimulus to prop up economy fade

Fed to meet as Congressional deadlock over COVID-19 relief measures stretches onward

WASHINGTON: The Federal Reserve's policy-setting committee will meet on Tuesday (Sep 15) amid a prolonged deadlock in Congress over how to support ...

Wall Street Economists Channel Powell's Fiscal Vision

With Congress at an impasse over additional Covid-19 aid, I asked economists from the largest Wall Street institutions what a technocratic approach to federal spending would look like.

Sensex, Nifty erase all gains to end day’s trade with losses; Nifty small cap 50 index gains over 6%

Sensex and Nifty started the week’s initial trading session with gains but failed to carry that momentum for the entire day, ending the session with losses.

Sensex rises over 350 points, Nifty regains 11,550 level; smallcap stocks outperform after Sebi order

Smallcap stocks were the outperformers today with BSE Smallcap index rising over 2%. The BSE Midcap index advanced 1.18%.

Sensex Slumps Over 650 Points From Day's High As Banking Shares Drag

Mid- and small-cap shares rallied after market regulator Securities and Exchange Board of India (Sebi) tweaked norms for asset allocation for multi-cap mutual funds.

Markets End The Day Lower, IT Index Hits Record High

The Sensex and the Nifty ended the day lower despite trading sharply higher for most part of the day.

Over 3-month-long Assam oil well fire, gas leakage largely tamed: Officials

By Sujit ChakrabortyGuwahati, Sep 13 : The raging oil well fire in Assam which continued for more than three months has been largely controlled and it

Oil India diverts gas flow from Assam’s blown-out Baghjan well, brings fire under control

The diversion comes over 100 days after a gas well in Baghjan suffered a blowout and a subsequent fire left two firemen dead.

Assam oil well fire largely tamed: officials

The raging oil well fire in Assam which continued for more than three months has been largely controlled and it would take a few more weeks to fully control the gas leakage and fire, state-owned Oil India Limited (OIL) officials said on Sunday.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

CALGARY — Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC last week.

Calfrac delays vote on recapitalization plan following unsolicited Wilks Brothers offer

The Calgary-based company says it will now hold a vote by its shareholders and unsecured noteholders on the management reorganization plan on Sept. 29 instead of Sept. 17.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC.

Gold Prices Remain Constant In Bhubaneswar On Monday

The prices of gold held still in Odisha's capital city of Bhubaneswar, for the last 24 hours. As on Monday, the gold prices for 24 carats/10 grams recorded Rs 53,350 while 22 carats/10 grams recorded as Rs 48,910.gold price today,gold rate today,gold price on 14th september,nation,national news,business,business news,kalingatv,kalinga tv,gold prices india,gold prices in india,gold price today in cuttack,gold price today in odisha,gold price in bhubaneswar,gold rate in bhubaneswar,gold rate 22k,gold price today in cuttack

Gold Prices Continue To Fall Down On Sunday In Bhubaneswar, Check Rates Here

Gold prices continues to falls down in smart city of Bhubaneswar, today. The marginal fall in prices of yellow metal during on a holiday can open up business.gold price,gold price today,gold rate today,gold price on 13th september,nation,national news,business,business news,kalingatv,kalinga tv,gold price today,gold price today bhubaneswar,gold price today cuttack,gold price today in bbsr,gold price today 22k,gold price today in india,gold price today in delhi

Petrol And Diesel Prices In Bhubaneswar Fall Down On Monday

On Monday, petrol recorded Rs 82.27/L while diesel recorded Rs 79.18/L in Bhubaneswar.The declining trend in the fuel prices is believed to bring a smile on the faces of customers.petrol price in bhubaneswar,diesel price in bhubaneswar,diesel price in bhubaneswar today,petrol price on 14th september,nation,national news,business,business news,kalingatv,kalinga tv,Petrol price,Petrol price Bhubaneswar,Petrol price Cuttack,Petrol price in Odisha,Petrol price in India, Petrol price in Mumbai,Petrol price today

Diesel Prices Continue To Fall Down Whereas Petrol Remains Constant In Bhubaneswar

Diesel prices falls down again in smart city Bhubaneswar, today. Petrol prices remains constant though.On Sunday, petrol recorded Rs 82.41/L while diesel recorded 79.35/L.petrol price,petrol price bhubaneswar,petrol price cuttack,petrol price on 13th september,nation,national news,business,business news,kalingatv,kalinga tv,Petrol price,Petrol price Bhubaneswar,Petrol price Cuttack,Petrol price in Odisha,Petrol price in India, Petrol price in Mumbai,Petrol price today

Goldman Sachs: Marcus Adds “Insights,” Provides Aggregated View of Outside Accounts

Click HERE to find out ⭐ Goldman Sachs: Marcus Adds "Insights," Provides Aggregated View of Outside Accounts. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Goldman Sachs is taking what it learned from a $100 million acquisition to upgrade the Marcus app

The Marcus app, which started out early this year as a basic way to check balances and schedule payments, is about to get more capabilities.

Goldman, Deutsche Say U.S. Stock Selloff May Be Close to an End

The recent pullback in U.S. stocks could be close to an end if history is a guide, according to strategists at Goldman Sachs Group Inc. and Deutsche Bank AG.

With airline fleets grounded, plane recyclers bet on parts boom

Airlines seek viable used parts from retired aircraft for planes due for heavy maintenance

With airline fleets grounded, plane recyclers bet on parts boom

MONTREAL: As COVID-19 grounds swaths of airline fleets, companies that profit off the dismantling and trade of aircraft parts are seeing early ...

Swiss blockchain group formed to encourage new blockchain companies

The group also wants more research and academic studies into the technology

Blockchain's been a Bust for China's 'Blockchain 50' Public Companies

China’s 'Blockchain 50' public companies on the Shanghai Index avoid blockchain in their mid-year report. None have reported any real use cases thus far.

Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph

PwC, Swiss blockchain investment firm CV VC and Cointelegraph have released a report discussing the current blockchain ecosystem.

Here's where blockchain technology is set to flourish

A report by PwC and CV VC picks eight fields that are embracing blockchain, and not all of them are familiar to the crypto industry.

Infosys to acquire GuideVision for up to €30 million

The acquisition is expected to close during the third quarter of FY2021, subject to customary closing conditions, it added.

Infosys to acquire Czech-based GuideVision for up to 30 million euros

IT services major Infosys on Monday said it will acquire Czech Republic-based GuideVision for up to Rs 260.4 crore

Infosys shares rise 4% on acquisition of GuideVision

Shares of Infosys jumped about 4 percent in morning trade on September 14 after the company announced a definitive agreement to acquire GuideVision.

Infosys Shares Hits All-Time High On Announcement To Acquire GuideVision

On Monday, shares of Infosys Ltd rose over 4 percent to hit a new all-time high of Rs 987.90 on BSE after the IT giant announced that it has entered into a definitive agreement to acquire GuideVision. Infosys will be acquiring 100 percent equity share capital holding in GuideVision for a cost of acquisition of 30 milli

Abu Dhabi's ADNOC nets $1b selling 10% in ADNOC Distribution to institutional investors

In all, 1.25b shares were sold at Dh2.95 apiece in Gulf's 'largest block placement'

ADNOC completes private placement of 1.25 billion shares of ADNOC Distribution

Shares sold to institutional investors with a total value of Dh3.7 billion

ADNOC completes $1 billion institutional placement for distribution business

DUBAI: State-run Abu Dhabi National Oil Company (ADNOC) said on Monday it had completed a placement to institutional investors of 10 percent in its subsidiary ADNOC Distribution’s total share capital, or 1.25 billion shares, valued at $1 billion. The placement will increase ADNOC Distribution’s free float to 20 percent, and contribute to improved liquidity of the company,

UAE oil giant completes $1bn institutional placement of shares in its distribution unit

UAE oil giant completes $1bn institutional placement of shares in its distribution unit

Montreal-based security company GardaWorld makes bid to buy G4S

Montreal-based GardaWorld says it decided to publicize its bid to pressure the firm into talks.

Security company GardaWorld reveals it's trying to buy G4S

LONDON — GardaWorld, the world’s largest privately owned security company, said Monday it was making a 3 billion-pound ($3.9 billion) offer for G4S, saying its London-based rival has rejected or ignored three previous approaches. Montreal-based GardaWorld says it decided to publicize its bid of 190 pence a share – a 30% premium to G4S’s closing …

Security company GardaWorld reveals it's trying to buy G4S

GardaWorld, the world’s largest privately owned security company, said Monday it was making a 3 billion-pound ($3.9 billion) offer for G4S, saying its London-based rival has rejected or ignored three

Security company GardaWorld reveals it's trying to buy G4S

GardaWorld, the world's largest privately owned security company, said Monday it was making a US$3.9 billion offer for G4S, saying its London-based rival has rejected or ignored three previous approaches.

Banks will need to analyse customers’ needs before closing branches, says FCA

Banks considering closing branches or ATMs will need to tell the City regulator before any final decision is made, so that it can monitor whether customers are being treated fairly.

Banks will need to analyse customers’ needs before closing branches, says FCA

Banks and building societies will need to provide an analysis of the needs of customers and any alternatives available before closing branches.

FCA sets access to cash expectations

The UK's Financial Conduct Authority has warned banks that every time they plan to close a branch or ATM they will need to provide an analysis of the impact on customers' access to cash.

Banks banned from closing branches or removing cash machines without clearance

Unless customers are being treated fairly, banks will be banned from cutting any more branches or removing free cash machines under new rules announced by the City watchdog

Govt appoints new executive directors to World Bank, Asian Development Bank

Sameer Kumar Khare is a 1989-batch IAS officer of Assam-Meghalaya cadre and is currently the additional secretary in the Department of Economic Affairs.

Govt appoints new executive directors to World Bank, Asian Development Bank

While Rajesh Khullar, a Haryana cadre IAS officer of 1988 batch, has been appointed to the World Bank as executive director, Sameer Kumar Khare, additional secretary in the economic affairs department of the finance ministry and a 1989 batch IAS officer of Assam-Meghalaya cadre, will be the new executive director at Asian Development Bank

Senior bureaucrat Rajesh Khullar appointed Executive Director, World Bank

Senior bureaucrat Rajesh Khullar has been appointed as Executive Director, World Bank, Washington, a Personnel Ministry order issued on Monday said

Govt names new executive directors to World Bank, ADB

The Government on Monday decided to send Rajesh Khullar to World Bank and Sameer Kumar Khare to Asian Development Bank as Executive Director. The Appointment Committee of the Cabinet (ACC), under the

Foreign investors turn net buyers of Malaysian equities from Sept 7 to 11

KUALA LUMPUR, Sept 14 — After a month of outflow, foreign investors have turned as buyers during the Sept 7-11 period, injecting RM71.2 million net of equities into the local market against RM589.4 million net sold during the whole of the previous week. Bank Islam Malaysia Bhd economist Adam...

Mavcom appoints Raja Azmi as new COO

KUALA LUMPUR, Sept 14 —The Malaysian Aviation Commission (Mavcom) has appointed Raja Azmi Raja Nazuddin as its new chief operating officer (COO) effective Sept 15. Raja Azmi had been Malaysia Airports Holdings Bhd (MAHB) group chief executive officer from Jan 4, 2019, to Jan 6, 2020, the...

No ceiling price for domestic flight tickets to avoid manipulation, says deputy transport minister

KUALA LUMPUR, Sept 14 — The government will not set any ceiling price for domestic flights from Peninsular Malaysia to Sabah and Sarawak, to avoid manipulation by airlines, Deputy Transport Minister Hasbi Habibollah said today. According to him, a study conducted by the Malaysian...

Canada looks set for a fight over compensation for Huawei gear

OTTAWA: Canada is signalling it might not compensate major telecommunications providers if the federal government bans equipment made by China's ...

Canada looks set for a fight over $758 million compensation for Huawei gear

Canada, under pressure from the United States to ban Huawei Technologies Co Ltd gear on security grounds, is studying whether to allow the firm into the country's next-generation 5G networks

Ottawa looks set for a fight over $1-billion compensation for Huawei equipment

If the federal government bans the Chinese company from participation in 5G networks, Canadian telecom providers will face a stiff bill tearing out existing gear

Canada looks set for a fight over US$758 million compensation for Huawei gear

Canada is signalling it might not compensate major telecommunications providers if the federal government bans equipment made by China's Huawei ...

Not opportune time to suggest comprehensive regulatory framework for OTT services: TRAI

OTT services refer to applications and services that are accessible over the internet and ride on an operator's network. Skype, Viber, WhatsApp and Hike are some of the popular and widely-used OTT services.

Trai rules out regulatory intervention for OTT services; COAI says issues left unaddressed

Regulator Trai on Monday ruled out any immediate regulatory intervention for OTT communication services like Whatsapp, Google Duo and Viber, and said time is not opportune to recommend a comprehensive regulatory framework for them -- dashing hopes of telcos that had been pushing for same rules to be applied to such players.

‘Regulatory set-up for OTT players not required now’

Matter being examined globally: TRAI

OTTs need no regulations: TRAI

The Telecom Regulatory Authority of India (TRAI) has recommended that over the top (OTT) players such as Facebook, Google, Viber and the likes require no regulations.“Market forces may be allowed to r

Discover the future of banking & fintech in New Age Banking Summit Oman 2020

The summit will showcase the evolving financial eco-system in this digital age and how the banks can be future-ready by adopting digital strategies

Banks Don’t Have To Innovate

What good is “innovating’ if you don’t out-innovate the innovators? Contrary to popular belief, banks don't have to innovate--they need to monitor, acquire, and deploy the innovators' innovations.

Deutsche and its API partner talk open banking beyond PSD2

Open banking is a fast-evolving concept. Whilst it started with the Second Payments Directive (PSD2) and account aggregation, banks are still under pressure to innovate beyond this and truly open up to the fintech ecosystem.

A return to the fundamentals

Like most industries, fintech and banking have experienced massive disruptions in the past six months. As we’ve gone through the process of enforced change, the big question facing our industry is essentially the same as the one facing the entire world right now: what is the “new normal” going look like?

Job losses: Major cuts since the start of the pandemic

More than 180,000 jobs have been cut since Covid-19 started.

Job losses: Major cuts since the start of the pandemic

More than 180,000 jobs have been cut since Covid-19 started.

Job losses: Major cuts since the start of the pandemic

More than 180,000 jobs have been cut since Covid-19 started.

Job losses: Major cuts since the start of the pandemic

More than 180,000 jobs have been cut since Covid-19 started.

Liz Weston: Are Medicare Advantage plans worth the risk?

About 1 in 3 people 65 and older in the U.S. enroll in Medicare Advantage, the private insurance alternative to traditional Medicare. It’s not hard to see why: Medicare Advantage plans often cover stuff that Medicare doesn’t, and most people...

Liz Weston: Are Medicare Advantage plans worth the risk?

About 1 in 3 people 65 and older in the U.S. enroll in Medicare Advantage, the private insurance alternative to traditional Medicare. It’s not hard to see why: Medicare Advantage plans often cover stu

Liz Weston: Are Medicare Advantage plans worth the risk? | Honolulu Star-Advertiser

About 1 in 3 people 65 and older in the U.S. enroll in Medicare Advantage, the private insurance alternative to traditional Medicare. It’s not hard to see why: Medicare Advantage plans often cover stuff that Medicare doesn’t, and most people don’t pay extra for it.

New Jersey Blues Plan Links With Two Big Health Systems To Tap Medicare Advantage

Horizon Blue Cross Blue Shield of New Jersey and two of the state’s biggest hospital systems are forming a health plan specifically to tap into the fast-growing business of Medicare Advantage, the privatized health insurance for seniors.

Fraudsters target victims by hijacking Google's search engine with phoney financial adverts, consumer group finds

Investigators discovered the scams after searches for terms such as 'top Isa' and 'best bonds'.

Google must do more to tackle scam adverts, says Which?

The consumer group is concerned about fake advertisements it found when searching for debt help charities and financial firms.

Google must do more to tackle scam adverts, says Which?

The consumer group is concerned about fake advertisements it found when searching for debt help charities and financial firms.

Google must do more to tackle scam adverts, says Which?

The consumer group is concerned about fake advertisements it found when searching for debt help charities and financial firms.

Buy Or Fear Delta Airlines Stock?

In Delta Airlines stock we see more buying opportunity than a reason to fear. Specifically, there is about 80% upside potential if the stock recovers from $32 currently to its pre-crisis levels of $59. We provide an overview of why we think Delta should outperform by looking at its relative...

Delta Will Borrow $6.5 Billion Backed By Frequent Flyer Program

Airlines are facing a cash crisis thanks to plummeting demand during the coronavirus pandemic.

Delta pitches itself as the safe choice for pandemic travel by tackling coronavirus risks in the plane, at the security line, and on the jet bridge

As Delta Air Lines tries to woo passengers back to air travel, it has introduced new programs at two high-risk points at the airport.

Business groups back pandemic insurance bill modeled on post-9/11 law

Business groups are throwing their support behind a pandemic insurance bill modeled after a post-9/11 law that created a federal backstop for claims related to acts of terrorism.

Insurers Offer New Pandemic Coverage

The Central Insurance company of Iran, the regulatory body of the industry, and a private insurance firm have crafted a new package for covering losses to the business community due to the

Unbundling insurance: How startups are reimagining the underpenetrated sector for a digital makeover

New insurtech players now offer all critical 360-degree support and a marketplace to compare policies and prices. For instance, while some companies have become fully-digital general insurance companies, others offer rewards to insurers on being fit, or pay as you go insurance.

Rising Covid, non-Covid claims a double whammy for general, health insurers

Insurers said while the situation had been manageable so far, going ahead, it would be a cause for concern

Condo insurance tweaks

The B.C. government has announced regulatory changes aimed at bringing more transparency to condo insurance premiums that have risen by as much as 40 per cent.

B.C. announces measures to address rising strata insurance fees

Following a June report that showed B.C. strata insurance premiums have risen by about 40 per cent on a year-over-year basis, the province is announcing some changes. 

B.C. amends law in effort to address sky-high condo and townhouse insurance

The Finance Ministry says effective Nov. 1, insurers or insurance agents will be required to give 30 days' notice to condo or “strata” corporations if they intend not to renew a policy or to make any changes

B.C. amends law in effort to address sky-high condo and townhouse insurance

VICTORIA - The B.C. government has announced regulatory changes aimed at bringing more transparency to condo insurance premiums that have risen by as much a

Walmart Expands Drone Delivery Test To Add ‘Health’ Items

As the coronavirus pandemic keeps many seniors homebound, retailers are looking for ways to safely get household and health items to them.

Walmart partners with Zipline for glider drone delivery tests

Walmart has had drone delivery ambitions for years now, and today they’ve announced a partnership with Zipline for on-demand delivery of “health and wellness” products.

Amazon and Walmart's emerging delivery drone battle escalates with Zipline deal

Walmart is partnering with drone unicorn Zipline to make on-demand deliveries of health and wellness products starting early next year. Trials will take place near Walmart's headquarters in Arkansas.

Walmart teams up with Zipline for one-hour deliveries by drone

There is no shortage of drone delivery startups vying to take package delivery into a new era, but few have the track record of US-based Zipline. The company has announced a new partnership with Walmart to conduct pilot trials where its drones will fulfil health and wellness orders in one hour, with hopes of expanding to general merchandise if the first runs are successful.

China's investment in Australia is collapsing

The level of Chinese investment in Australia has fallen for three consecutive years since it peaked at $15.8 billion in 2016, and it is only going to get worse.

Chinese investment in Australia plunges as tensions mount

SYDNEY, Sept 14 — Chinese investment in Australia almost halved in 2019, new data released today showed, as relations between the two countries deteriorated. Researchers from the Australian National University said Chinese investment Down Under plunged from A$4.8 billion (RM14.5 billion) to just...

Chinese investment in Australia plunges as tensions mount

Chinese investment in Australia almost halved in 2019, new data released Monday showed, as relations between the two countries deteriorated.

Chinese investment in Australia plummets 47% in a year as diplomatic tensions rise

Researchers have found Chinese investment in Australia has fallen at a much faster rate than in other countries

This Week: FedEx earns, Fed policy statement, housing starts

A look at some of the key business events and economic indicators upcoming this week:

This Week: FedEx earns, Fed policy statement, housing starts

A look at some of the key business events and economic indicators upcoming this week: DELIVER THIS Wall Street expects that FedEx’s latest quarterly report card will show mixed results. Analysts predict the package delivery company will report Tuesday that its fiscal first-quarter earnings declined from a year earlier, even as revenue rose. FedEx has …

Can Fed Govt deliver N2m housing unit?

The Federal Government’s plan to deliver 300,000 housing units nationwide with a N2millon price tag per unit may have excited operators ...

This Week: FedEx earns, Fed policy statement, housing starts

A look at some of the key business events and economic indicators upcoming this week:

€8m Covid-19 grant scheme to help B&B owners

Bed & Breakfast owners who do not pay local authority rates will be able to claim grants of up to €4,000 from today, following the opening of applications under the Restart Grant Plus for B&Bs.

Supporting London businesses with new Covid compliant scheme

Without a doubt, food and retail premises in central London have suffered hugely during the Covid-19 pandemic.  Understandably, customer facing

Covid-19 scheme worth €8m to assist B&Bs open for applications

Owners who do not pay local authority rates will be able to claim grants of up to €4,000

Covid-19 scheme worth €8m to assist B&Bs opens for applications

Owners who do not pay local authority rates will be able to claim grants of up to €4,000

Pandemic rebel Sweden plots its economic recovery

Can Sweden's falling infections and lesser economic blow be taken as a victory for its light-touch approach to the pandemic? It depends who you ask.

Sweden’s Covid-19 experiment holds a worldwide warning

Do not jump to conclusions about lockdowns before all the data is in and analysed

Sweden’s COVID-19 experiment holds a worldwide warning

One great pandemic fallacy is the idea that you can compare the infection rate of one country with that of another and draw policy conclusions in real time.

Pandemic rebel Sweden plots its economic recovery

Can Sweden's falling infections and lesser economic blow be taken as a victory for its light-touch approach to the pandemic? It depends who you ask.

Pandemic rebel Sweden plots its economic recovery

Can Sweden's falling infections and lesser economic blow be taken as a victory for its light-touch approach to the pandemic? It depends who you ask.

US stocks and the Dow try to snap two-week losing streak

The Dow and the US stock market are rallying Monday, attempting a rebound from recent turbulent trading as well as the first two-week losing streak in more than four months.

Dow surges 300 points as Apple leads tech rebound

Stocks rose amid a slew of corporate dealmaking activity as the market tried to recover from its first back-to-back weekly declines in months.

5 things to know before the stock market opens Monday

Heading into Monday trading, the Nasdaq was off just under 10% from its closing record on Sept. 2.

Dow claws back 28,000 perch as stocks rebound from last week’s selloff, amid vaccine hopes, deal-making

U.S. stocks climb Monday amid a flurry of potential corporate mash ups announced over the weekend, including reports that Oracle may be forging a partnership...

Here’s what businesses in Victoria can get under the state government's new support package

The Victorian government has unveiled $3 billion worth of support for businesses in the state.

Victorian Government expands business stimulus payments

Yesterday, the Victorian Government announced a $3 billion stimulus package for Victorian businesses. This was targeted primarily at the hospitality, retail, accommodation and tourism operators:

Victoria offers $3 billion lifeline to SMEs as reopening looms

The first businesses are expected to reopen this week in Victoria, as the government announced $3 billion in cash flow measures for businesses.

Saptagir signs deal with Jubilant Generics to manufacture ‘Remdesivir’

Hyderabad: Hyderabad-based Saptagir Laboratories on Monday announced that it has signed an exclusive agreement with Jubilant Generics to manufacture

Saptagir Laboratories to manufacture Remdesivir for Jubilant Generics

Hyderabad-based company signs an exclusive agreement to make intermediates and bulk drugs for intravenous administered drug

Saptagir Laboratories enters into exclusive agreement with Jubilant Generics

Saptagir Laboratories, part of the Rs 900 crore Saptagir Group, has entered into an exclusive agreement with Jubilant Generics to manufacture intermediates and bulk drugs

Saptagir, Jubilant in Remdesvir pact

Saptagir Laboratories has entered into an agreement with Jubilant Generics to manufacture intermediates and active pharmaceutical ingredient (API) for the intravenously-administered Remdesivir that h

BinDawood Holding sets IPO price range

Riyadh – Mubasher: BinDawood Holding has set an indicative price for its initial public offering (IPO), aiming to raise SAR 2.19 billion ($585 million) in a Riyadh listing, Reuters reported on Sunday.  The supermarket retailer plans to offer 22.86 …

BinDawood Holding sets IPO price range

BinDawood Holding sets IPO price range

SA's economy could shrink more than forecast : Mboweni

The economy of Africa's most industrialised nation contracted by more than half in the second quarter of this year, an unprecedented decline caused by anti-coronavirus restrictions.

South African economy could shrink more than forecast

South Africa’s Finance Minister Tito Mboweni warned Sunday the economy could shrink by more than the 7 percent forecast by policymakers and the central bank for 2020, adding that public finances are “overstretched”. The economy of Africa’s most industrialised nation contracted by more than half in the second quarter of this year, an unprecedented decline […]

SA economy to shrink by more than government’s 7% forecast in 2020 – Mboweni

Following strict coronavirus lockdown.

South African economy to shrink by more than govt’s 7% forecast in 2020 -Mboweni

JOHANNESBURG (Reuters) – South Africa’s economy will likely contract this [...]

GBP/USD could slip back to 1.2680 – UOB

In opinion of FX Strategists at UOB Group, Cable’s outlook remains weak and could drop to the 1.2680 region in the next weeks. Key Quotes 24-hour view

USD/CNH: A move to 6.80 is not ruled out yet – UOB

There is still scope for USD/CNH to slip back to the 6.80 area in the next weeks, according to FX Strategists at UOB Group. Key Quotes 24-hour view: “

AUD/USD now seen within 0.7200-0.7350 range – UOB

AUD/USD is forecasted to keep the consolidative mood likely between 0.7200 and 0.7350 in the next weeks, suggested FX Strategists at UOB Group. Key Qu

USD/JPY clings to the side-lined trade so far – UOB

FX Strategists at UOB Group noted that USD/JPY is still predicted to trade within the 105.50-106.90 range for the time being. Key Quotes 24-hour view:

Govt urged to remove anti-dumping duty on viscose staple fibre

New Delhi, Sep 13 : India's textile industry has urged the government to remove anti-dumping duty on import of viscose staple fibre (VSF) for the sector

Govt urged to remove anti-dumping duty on viscose staple fibre

New Delhi, Sep 13 (IANS): India's textile industry has urged the government to remove anti-dumping duty on import of viscose staple fibre (VSF) for the sector to achieve global competitiveness, a statement said on Sunday.

Immunomedics soars 106% after Gilead agrees to acquire the cancer-drug company for $21 billion

Gilead expects the deal to immediately bolster its revenue growth, and to be neutral to accretive to adjusted earnings per share in 2023.

Immunomedics soars 106% after Gilead agrees to acquire the cancer-drug company for $21 billion

FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen during the outbreak of the coronavirus disease (COVID-19), in California Reuters ...

Gilead in Advanced Talks for Immunomedics, Bid More Than $20 Billion

Gilead Sciences Inc. will acquire Immunomedics Inc. for about $21 billion cash to add breast-cancer treatments, the companies said in a statement.

Gilead Ramps Up Cancer Focus With $21 Billion Immunomedics Deal

Gilead Sciences Inc. agreed to acquire Immunomedics Inc. for about $21 billion, a substantial premium for the maker of a promising breast-cancer therapy, in another big bet by the drug giant that an innovative tumor fighter can boost its fortunes.

Dream11 Raises $225 Mn From Tiger Global, TPG Global And Others

Dream11’s parent company Dream Sports has raised $225 Mn from Tiger Global Management, TPG Global, Chrys Capital and others.

Dream11 Parent Secures 225 Million USD

The gaming Unicorn, Dream11 parent, has secured 225 million USD from Tiger Global, TGP, ChrysCapital, and other. It has recently won the IPL sponsorship.

Dream11 parent secures $225 million in fresh funding

Tiger Global, TPG, ChrysCapital and Footpath Ventures have made primary and secondary investment in Dream Sports.

Dream11’s parent entity scoops up $225 Mn at an estimated valuation of $2.5 Bn

Dream11’s parent entity, Dream Sports, has secured $225 million in a mix of primary and secondary investment led by Tiger Global.

Eskom forecast shows load-shedding for the next 3 months

Eskom is planning for electricity generation shortages of no less than 1,000MW every week over the next three months.

Eskom caught lying about load-shedding

Eskom has admitted to exceeding stage 4 load-shedding limits during the latest bout of blackouts in South Africa.

Eskom talks up emergency power progress to ease load shedding in South Africa

Eskom and the National Energy Regulator of South Africa (Nersa) have agreed on the procurement of 11,813MW of electricity generation infrastructure which is set to help the country’s growing power problems.

Nersa takes step towards ending load-shedding in South Africa

Eskom announced that Nersa has taken a step towards ending load-shedding in South Africa, but there is still a long way to go.

October, November to be 'tougher' in Europe with more coronavirus deaths: WHO

"The end of the pandemic is the moment that we learn how to live with this pandemic," says WHO Europe director.

WHO Europe: Oct, Nov to be ‘tougher’ with more coronavirus deaths

COPENHAGEN, Sept 14 — The World Health Organisation expects Europe to see a rise in the daily number of Covid-19 deaths in October and November, the head of the body’s European branch told AFP today. “It’s going to get tougher. In October, November, we are going to see more mortality,”...

Oct, Nov to Be ‘Tougher’ With More Coronavirus Deaths: WHO Europe

The World Health Organization expects Europe to see a rise in the daily number of Covid-19 deaths in October and November, the head of the body’s European branch told AFP on Monday.

Oct, Nov to be 'tougher' with more coronavirus deaths: WHO Europe

The WHO Europe's 55 member states are holding an online meeting on Monday and Tuesday to discuss their response to the new coronavirus and agree on their overall five-year strategy.

Market rallies: RIL, HDFC Bank, HDFC, HCL Tech, TCS, SBI among gainers

Sensex rallies over 300 points in early trade; Nifty tops 11,550

HCL Tech was the top gainer in the Sensex pack, surging around 5 per cent, followed by Tech Mahindra, HDFC duo, Reliance Industries, TCS, SBI and IndusInd Bank.

Market Highlights: Sensex ends 470 pts down from day’s high, Nifty below 11,450; HCL tech gains 10%, Airtel falls

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty gave up all gains slipping into the red during the day. Banks stocks along with RIL pulled the equity markets lower.

Treasury costings reveal HomeBuilder scheme 'too small': Labor

Labor says Treasury figures show the federal government has overestimated the jobs boon its HomeBuilder program will bring.

The $680 million Homebuilder program will create just 9,600 jobs, Treasury says, as construction goes 'off a cliff'

Early signs indicate Morrison government’s HomeBuilder scheme runs the risk of overpromising and underdelivering.

Labor: HomeBuilder not big enough

Labor’s shadow housing minister, Jason Clare, believes the Morrison Government’s HomeBuilder policy is not big enough and wants the government to fund social housing to “save tradies jobs”:

Many cloud servers are still at high risk of being hijacked for crypto mining

Is cryptojacking still an underrated threat?

Most Attacks on Cybersecurity Firm’s Decoy Servers Aimed at Mining Crypto: Report

Of the 16,371 attacks on Aqua Security's decoy servers over the last year, 95% were aimed at mining cryptocurrency through deploying malicious programs.

Most Cloud Server Attacks Seek to Mine Cryptocurrency: Report

Precious cloud infrastructure resources are being exploited to mine cryptocurrency—with more sophisticated evasion techniques in tow.

Chinese automakers announce targets to raise hydrogen vehicle sales

Chinese automakers announce targets to raise hydrogen vehicle sales

Chinese Automakers Announce Targets To Raise Hydrogen Vehicle Sales

Chinese automakers have announced plans to increase sales of hydrogen fuel cell vehicles, a niche segment in the world's biggest auto market, and the government is expected to announce supportive new policies, possibly as early as this month.

Chinese automakers announce targets to raise hydrogen vehicle sales

Chinese automakers have announced plans to increase sales of hydrogen fuel cell vehicles, a niche segment in the world's biggest auto market, and ...

Infosys to acquire European consultancy firm GuideVision

Bengaluru, Sep 14 (IANS) IT major Infosys has signed a definitive agreement to acquire European consultancy firm GuideVision for up to 30 million euros including earn-out and bonuses. In a regulatory filing on Monday, Infosys said that GuideVision’s end-to-end offerings, including SnowMirror — a proprietary smart data replication tool for[Read More...]

Infosys to acquire European consultancy firm GuideVision

Infosys to acquire GuideVision for €30 million

The enterprise service management consultancy offers strategic advisory, consulting, implementations, training and support on the ServiceNow platform

SoftBank executives revive talks on taking Japanese group private

Conglomerate looks at strategy after series of asset disposals, including the $40bn sale of Arm Holdings

Embattled SoftBank renews talks on taking the group private: Report

SoftBank Group Corp executives are considering taking the Japanese technology group private as the company seeks a new strategy after disposing of ...

Sebi seeks clarification on Kalyan Jewellers IPO

Kalyan Jewellers' promoter T S Kalyanaraman would be offloading shares worth up to Rs 250 crore, while Highdell Investment Ltd would sell up to Rs 500 crore worth of shares through the OFS route.

Sebi seeks clarification on Kalyan Jewellers IPO

The proposed IPO comprises issuance of fresh equity aggregating up to Rs 1,000 crore and an offer for sale (OFS) worth Rs 750 crore, according to the Draft Red Herring Prospectus (DRHP).

Sebi seeks clarification on Kalyan Jewellers IPO

When the pandemic ends, these are the places you want to invest

The COVID-19 pandemic has taken Wall Street and investors on a roller-coaster ride this year. But what happens when it ends? Here are the sectors that...

How to invest in US equities

Investors can take exposure directly to US stocks or opt for the MF route

Podcast | How to invest in US equities

Investors can take exposure directly to US stocks or opt for the MF route

Airbus CEO warns of compulsory layoffs as airline crisis deepens

Airbus CEO warns of compulsory layoffs as airline crisis deepens

Airbus CEO warns of compulsory layoffs, says letter

TOULOUSE, Sept 14 — The chief executive of European planemaker Airbus has warned staff it may have to carry out compulsory layoffs after air travel failed to recover as quickly as anticipated from the coronavirus crisis, a letter seen by Reuters showed. “I owe it to you to be transparent:...

Airbus CEO Guillaume Faury warns of compulsory layoffs as airline crisis deepens

Airbus has repeatedly warned that the outlook is uncertain as the industry's worst crisis hits aircraft deliveries and severely weakens airline finances.

Government-owned companies biggest wealth destroyers in the last six years: Mutual fund veterans

Govt-owned companies biggest wealth destroyers in the last six years: Mutual fund veterans

The government has been pressing citizens to pay taxes and be compliant, but they have very little to show regarding improved efficiencies in the companies they themselves own, the managers said.

State-run firms biggest wealth destroyers in last six yeas, say MF veterans

The government has been pressing citizens to pay taxes and be compliant, but they have very little to show regarding improved efficiencies in the companies they themselves own, the managers added

HCL Tech Soars To Record High After IT Major Raises September Quarter Revenue Outlook

HCL Technologies (HCL Tech) said it expects its revenue and operating "to be meaningfully better than the top end" of the guidance provided in July 2020.

HCL Technologies Hits Record High After Mid-Quarter Business Update

On Monday, shares of HCL Technologies rose over 6 percent to touch a record high of Rs 767.80 on BSE after the company released its mid-quarter business update. The company said that it expects the revenue and the operating margin for the current September-ended quarter to be meaningfully better than the top end of t

HCL Tech expects better Q2 revenue than previous forecast

HCL Technologies on Monday said that it expects the revenue and the operating margin for the September quarter to be better than the top end of the guidance provided in July 2020

This Adani Group share gained 1,230% in last one year; market cap near Rs 1 lakh crore

Adani Green Energy's market capitalisation rose to Rs 99,917 crore on Monday after the stock jumped 5 per cent in intraday trade to Rs 638.85 on BSE

Adani Green Energy shares locked in 5% upper circuit; firm's m-cap nears Rs 1 lakh crore

The stock rose after the company reported a standalone net profit of Rs 138 crore for the June quarter of FY21 against Rs 5.52 crore in the year-ago period.

Adani Green Energy Hits Upper Circuit; Market Cap Nears Rs 1 Trillion

On Monday, shares of Adani Green Energy Ltd were locked in 5 percent upper circuit at Rs 639.05 apiece on BSE after the company posted a robust consolidated net profit of Rs 21.75 crore for June quarter on the back of higher revenue. In comparison, it posted a net loss of Rs 97.44 crore in April-June 2020.

Any Dip in Pinterest Stock is a Great Long-Term Investment Opportunity

Long-term investors may regard any drop in PINS stock as opportunity to buy. Pinterest is a portfolio keeper.

Is Slack Stock a Buy?

Let's find out if the recent pullback in the stock is a buying opportunity for long-term investors.

3 Reasons to Buy Microsoft Stock on the Dip

Microsoft has dependable revenue and earnings growth and a monstrous balance sheet. Plus, MSFT stock is in demand among investors.

BREAKING: All airports now open to domestic flights – FG

Kayode OyeroThe Federal Government has said all airports in the country including private airports and airstrips were now opened for domestic commercial flights.The Minister of Aviation, Ha...

BREAKING: FG reopens domestic airports

The federal government on Monday, September 14, announced the reopening of all domestic airports for flight operations. The minister of aviation disclosed this.

BREAKING: FG reopens domestic airports

The Federal Government has announced the reopening of all domestic airports for flight operations.Minister of Aviation, Hadi Sirika...

iPhone makers among biggest winners in India's $6.6 bn manufacturing plan

At a cabinet meeting on Wednesday, the Indian government is expected to approve a plan aimed at bringing $150 billion in mobile-phone production over the next five years

iPhone makers to be among winners of Modi govt’s $6.6 billion ‘Make in India’ stimulus plan

iPhone makers Foxconn, Wistron, Pegatron are among the mobile manufacturers expected to be named winners for stimulus after cabinet meeting Wednesday.

Apple's India gambit more evident: iPhone-assemblers now part of lucrative govt program

Apple's iPhone assemblers in India are in line for a windfall as the Indian government is encouraging them as it seeks to make the most out of US companies wanting to remove China from their scheme of things.

Nigeria’s revenue dropped by 65%, says finance minister

Eniola Akinkuotu, AbujaThe Minister of Finance, Budget and National Planning, Zainab Ahmed, says Nigeria’s revenue has dropped by about 65 per cent.She said this necessitated the decision o...

Finance minister contradicts Presidency, says food prices rising

Eniola Akinkuotu, AbujaThe Minister of Finance, Zainab Ahmed, says food prices are indeed going up. This is contrary to claims by the Senior Special Assistant to the President on Media and Publ...

Dangote refinery will sell petrol at international price, says FG

Eniola Akinkuotu, AbujaThe Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petr...

Micro Data Center Market Insights, Trends, Opportunity & Forecast (Includes Business Impact of COVID-19)

  ICT TECHNOLOGY KD market Insights provides a forecast for global Micro Data Center  Market between 2020 and 2025. In terms of value, market is going to register a 5.2% CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle […]

Location Based Marketing Services Market Insights, Trends, Growth & Forecast Analysis 2020-2025

KD market Insights provides a forecast for global Location Based Marketing Services Market between 2020 and 2025. In terms of value, market is going to register a 5.2 % CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle East […]

Pos Restaurant Management Systems Market Insights, Trends, Opportunity & Forecast (Includes Business Impact of COVID-19)

ICT Technology KD market Insights provides a forecast for global Pos Restaurant Management Systems  Market between 2020 and 2025. In terms of value, market is going to register a 5.2% CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle […]

Tourism Ministry Says Indications Of "Massive" Revenue Loss Due To COVID-19

The Ministry of Tourism informed the Parliament today while no formal study has been conducted to assess the impact of the COVID-19 pandemic on the tourism sector, discussions with stakeholders have indicated that the sector has suffered a massive loss in revenue.

COVID-19 effect: No formal study yet, but indications of major revenue loss, says tourism ministry

In a written reply in Lok Sabha, Tourism Minister Prahlad Patel said due to the fact that the sector is largely unorganised, the impact can be assessed only in due course.

No formal study yet, but indications of major revenue loss, says Tourism Ministry

In a written reply in Lok Sabha, Tourism Minister Prahlad Patel said due to the fact that the sector is largely unorganised, the impact can be assessed only in due course.

Govt to give major push for ‘electricity for cooking’: Minister

New Delhi, Sep 13 : Union Power Minister R.K. Singh on Sunday said that the government is aiming to push electricity for cooking in a big way, in a bid to

Govt plans electric boost to India's kitchens as 'cheaper' option for cooking

The government has envisaged power foundation to be formed at the Ministry level, the objectives of which include cooking to completely run on electricity, said Union power minister RK Singh

Ayodhya: Ram Temple trust asks SBI to refund Rs 6 lakh payment that was defrauded via cloned cheque

Days after being defrauded of a huge sum of money, the Ram Janmabhoomi Teerth Kshetra Trust in Ayodhya has written a letter to the State Bank of India (SBI) asking for a refund of the amount. 

SBI promptly reverses Rs 6 lakh stolen from Ram Temple Trust by fake cheque

Ram Temple Trust, which overlooks the construction of Ram Temple in Ayodhya was defrauded for Rs 6 lakh through two cheques.

SBI transfers Rs 6 lakhs defrauded via cloned cheques back to the Ram Mandir Trust

Earlier this month, bogus cheques were used by unknown fraudsters to withdraw Rs 6 lakhs from the bank accounts of Ram Janmabhoomi Teerth Kshetra Trust | OpIndia News

Savings App Chip Raises £10.7 Million in 48 Hours as Part of Future Fund Round on Crowdcube

Click HERE to find out ⭐ Savings App Chip Raises £10.7 Million in 48 Hours as Part of Future Fund Round on Crowdcube. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

London-based fintech Chip raises €11.5 million in 48 hours via Crowdcube and the Future Fund

Chip, the automatic saving app offering access to market-leading returns, has raised a total of €11.5 million from the crowd and the government-backed Future Fund, as part of the company’s series A round. The amount, raised in under 48 hours from 6,420 investors, makes it the largest convertible rou

Chip breaks crowdfunding records to raise £10m in 48 hours

Savings app Chip has raised £10 million in 48 hours via the UK government’s Future Fund, gathering 6,420 investors in the process.

Restructuring of retail loans: Here's how SBI customers can opt for recast

SBI has around 49 crore customers. At the end of June around, 10% of its loan book was under moratorium, down from 21.8% in May. Around 90 lakh retail customers availed the moratorium.