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Wednesday, 31 July 2019

Highly gratified by cooperation from 'great friend' India on Iran: US

India has brought down the import of oil from Iran, with which it has historic and cultural ties, to almost zero

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PBSSD Recruitment 2019: Apply for 269 posts by August 2 on pbssd.gov.in

The last date for submission of the application form is August 2, 2019 (till 5 pm)

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Huawei Y9 Prime 2019 India launch at 12 noon: Know specs, features, & more

The Huawei Y9 Prime 2019 is going to be the company's first offering to feature an elevating selfie camera module in India

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Market Ahead, August 1: Top factors that are likely to guide markets today

Investors will look at US Fed rate cut, corporate results, and macroeconomic data for market direction today.

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Nifty outlook and stock pick by Tradebulls Securities: Buy Havells India

Nifty outlook and stock recommendation by Sacchitanand Uttekar, DVP - Technical (Equity)

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Trump not behaving like a patriot: US Presidential Candidate Tulsi Gabbard

The first ever Hindu to be elected to the US House of Representatives, Gabbard vowed that she would fight for the rights and freedom of all Americans

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Amazon may shop for stake in Reliance Retail

Talks began after Reliance's negotiations with China's Alibaba Group to sell a stake in the retail entity fell through due to differences over valuation.

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Congress MP demands judicial inquiry into CCD founder VG Siddhartha’s death

Suresh urged Prime Minister Narendra Modi to appoint a senior Supreme Court judge to monitor the investigation.

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Humble, shy, affable: A Reporter's diary on VG Siddhartha, India’s coffee king

Siddhartha’s final letter to his company and employees mentions pressure from lenders, a Private Equity professional and Income-Tax raids that sucked out liquidity in the form of cash and shares.

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Top 10 business headlines: Core sector growth slump, CSR fears & more

From govt softening stance on time frame for transition to EVs to CCD board probing V G Siddhartha's transactions, here are the top business headlines on Thursday

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Top trading ideas by CapitalVia Global Research: Buy HCL Technologies, TCS

Technical calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited -Investment Advisor

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Amazon may shop for stake in Reliance Retail

Talks began after Reliance's negotiations with China's Alibaba Group to sell a stake in the retail entity fell through due to differences over valuation.

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Top events today: Jet CoC meet, Airtel Q1, Unnao rape case hearing and more

From second CoC meet of Jet Airways to Supreme Court hearing on Unnao rape case, Business Standard brings you top events of the day

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RBI capital transfer: Bimal Jalan panel likely to get extension to finalise report; govt to replace its representative after SC Garg's transfer

The government and the RBI, during the tenure of the previous governor Urjit Patel, had been at loggerheads over the surplus capital with the central bank.

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Four reasons why the US Fed's 25 bps rate cut assumes significance

With the US-China trade standoff still to be resolved and with Brexit also in limbo, a cut in rates should help to assuage sentiment

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India only Asian economy that's growing its export share amid trade war

Trade tensions between the US and China have given India an opportunity to ramp up exports to both countries

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Finance Minister Nirmala Sitharaman to meet CEOs of PSU banks on Friday, discuss ways to increase credit growth

The meeting assumes significance as it will be the first after the Narendra Modi government returned to power in May this year

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MARKET LIVE: Sensex, Nifty, Fed rate cut, US Fed, Q1 results, Bharti Airtel

Catch all the live market updates here

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US Fed cuts rate for the first time in more than a decade: Top highlights

Fed chair Jerome Powell, later in the presser, said that the rate cut has been in the pipeline for a while and doesn't necessarily portend a long cycle of rate cuts

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US fund Invesco pays 10% premium to pick 11% more in Zee for Rs 4,224 cr; group to lower debt to Rs 7,000 cr

The price being paid by Invesco, which is a financial investor already holding 7.74 percent in Zee for long, is around Rs 400 a share,

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Four reasons why the US Fed rate cut assumes significance

With the US-China trade standoff still to be resolved and with Brexit also in limbo, a cut in rates should help to assuage sentiment

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India is only Asian economy that's growing its export share amid trade war

Trade tensions between the US and China have given India an opportunity to ramp up exports to both countries

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V G Siddhartha's death an eye-opener on how weak an Indian entrepreneur is

The government, staring at a fiscal hole equal to an entire percentage point of GDP, isn't likely to let up on squeezing Indian business

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Tuesday, 30 July 2019

'China never comes through': Trump's tweets may disrupt Sino-US trade talks

Analysts said Trump's tweets will do little to ease the already-tense relationship between Washington and Beijing

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Market Ahead, July 31: All you need to know before the Opening Bell

Investors will look at June quarter results, global cues, and macroeconomic data for market direction on Wednesday.

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Top 10 biz headlines: CCD crisis, RBI's fine print on NPAs and more

From sale of Ather Energy electric scooters hitting 1 million by 2023 to RBI allowing domestic banks to sell NPAs abroad, here are the top business headlines on Wednesday

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Weekly stock picks by Religare Broking: Buy HDFC Bk, Sell ACC Aug Futures

Here are the weekly stock recommendations by Religare Broking

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Technical calls from HDFC Securities: Sell IndusInd Bank, RIL

Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.

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Adopting 5G tech from China? Trump admin warns countries of long-term risks

Raising security concerns, the Trump Administration has been asking countries, including India, to not opt for Huawei.

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Apple's 'biggest June quarter ever' beats reined-in expectations of experts

The results beat reined-in expectations of analysts, and Apple shares rose more than four percent in after-hours trade

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Indian IT firms contributed $57 bn to US GDP in 2017: Ambassador Shringla

Shringla said Indian IT companies in the US are deeply embedded in the roots of American society and their contributions have exceeded far beyond the economy

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Top 10 biz headlines: CCD crisis, RBI's fine print on NPAs and more

From sale of Ather Energy electric scooters hitting 1 million by 2023 to RBI allowing domestic banks to sell NPAs abroad, here are the top business headlines on Wednesday

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Maha govt accords infrastructure status to Mumbai-Pune hyperloop project

Hyperloop is a ultramodern, superfast transport project which is being implemented to link Mumbai and Pune, which are located around 200km apart

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Body of Cafe Coffee Day founder VG Siddhartha recovered from Nethravathi river

After a frantic search of nearly 30 hours, decomposed body of Cafe Coffee Day founder VG Siddhartha was recovered from the backwaters of Nethravathi river near Hoige Bazaar, police sources said. Nethravathi river is located on the outskirts of Mangaluru. Siddhartha, son-in-law of former Karnataka chief minister SM Krishna, was missing since Monday night.

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CRPF releases SSC Constable GD Admit Card 2019 on gdconst.crpfexam.in

SSC GD Admit Card 2019 will be available to download till 30 August, 2019

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Cafe Coffee Day founder V G Siddhartha's body found from river: Report

Siddhartha, the founder of India's largest coffee chain, went missing on Monday night en route to the coastal Karnataka city of Mangaluru

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Top events today: Karnataka Speaker selection, OPDs to remain shut and more

From Karnataka Speaker selection to 10% quota bill plea hearing, Business Standard brings you top events of the day

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MARKET LIVE: SGX Nifty is indicating a negative start for domestic indices

Catch all the live market updates here

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VG Siddhartha's suicide puts focus on perils of entrepreneurship: CCD founder among many business leaders who fell prey to high-pressure job

To the outside world, things weren't as bad for VG Siddhartha, founder of India's largest Coffee chain Cafe Coffee Day. But beneath the surface, there were signs of distress.

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IndiGo promoters' feud deepens: Provided information on related party transactions to authorities, says Rakesh Gangwal

IndiGo has been witnessing a divide between the two promoters, Rahul Bhatia and Rakesh Gangwal, since last year

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CTET result 2019 out on ctet.nic.in, 352,000 pass; all you need to know

CTET result 2019: CBSE CTET 2019 result has been declared on ctet.nic.in and cbseresults.nic.in. Steps to check results and other details

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US working hard to help Indian economy grow under Indo-Pacific plan: Pompeo

Pompeo's remarks come weeks after a delegation of the US Trade Representatives travelled to India for talks on a wide range of bilateral trade issues, in particular tax and tariffs

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US working hard to help Indian economy grow under Indo-Pacific plan: Pompeo

Pompeo's remarks come weeks after a delegation of the US Trade Representatives travelled to India for talks on a wide range of bilateral trade issues, in particular tax and tariffs

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Fate of Apple's post-iPhone life still tied to the flagship smartphone

All the company's major services and wearables, including the watch and AirPods headphones, require or work best with the Apple smartphone

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Bharti Airtel Q1 preview: Marginal growth in ARPU, revenue seen

Investors should watch mobile broadband subscriber addition, sale of non-core assets, and other balance sheet deleveraging plans

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Best of BS Opinion: Garg's unusual transfer, Andhra's 'breach' of contract

Y S Jagan Mohan Reddy's government in Andhra Pradesh wants to renegotiate contracts the previous government had signed with private companies for renewable energy power projects

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Monday, 29 July 2019

RGPV diploma result 2019 declared on rgpv.ac.in: Steps to download marks

RGPV result 2019: RGPV diploma result has been declared on its official website rgpv.ac.in. Here are steps to download marks

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Top 5 budget smartphones under Rs 8000: From Realme to Samsung and Xiaomi

Business Standard lists top five budget smartphones priced under Rs 8,000 based on the value and ease of use that they offer

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Citi to cut hundreds of jobs as Wall street fears more challenges ahead

The New York-based bank plans to slash jobs across its fixed-income and stock-trading operations over the course of 2019, according to people familiar with the matter

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VG Siddhartha Missing LIVE updates: Coast Guard, 200 other personnel join Karnataka police in looking for Cafe Coffee Day founder

VG Siddhartha Missing LIVE updates: Cafe Coffee founder VG Siddhartha, son-in-law of veteran BJP leader SM Krishna missing since Monday night

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Cafe Coffee Day founder VG Siddhartha goes missing

Former Karnataka CM SM Krishna's son-in-law and Coffee Day founder VG Siddhartha is suspected to have jumped off a bridge at Ullal on Monday night. Sources said Siddhartha had arrived at 8pm from Bengaluru and asked the driver to go to the Ullal Bridge.

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Amazon to launch food delivery service in India

E-commerce giant could partner with Narayana Murthy’s Catamaran to add restaurant deliveries to Prime subscription as early as next month, reports claim

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Stocks to watch: Coffee Day Enterprises, TechM, Axis Bank, Hero MotoCorp

Here's a list of some of the counters that are likely to trade actively in today's trading session.

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UPSC aspirant? Follow these do's and dont's for Civil Services Mains 2019

If you are appearing for this year's UPSC Civil Services Mains 2019, then you should definitely go through the 21-page PDF file released by UPSC

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Apple likely to launch three iPhones in 2020 with 5G support: Report

Apple might use Qualcomm's 5G chip in its first generation 5G phones, despite the fact that it now has access to Intel's smartphone modem chip business

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King of the road no more? Why Trump can't steer the global auto market

Shift in major car markets fuel standards has been a major problem for automakers

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Best of BS Opinion: How to charge up India's economy, make EVs run

The government has added heft to its electric vehicles (EVs) policy by slashing GST on them and chargers

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UPSSSC Lekhpal vacancy: Apply for 6000 posts on upsssc.gov.in; know details

UPSSSC recruitment 2019: Uttar Pradesh's revenue department will be hiring for 4,500 posts of Rajsva Lekhpal and around 1,500 for Chakbandi Lekhpal

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Top biz headlines: Voda-Idea loss spillover, Maruti stock downgrade & more

From banks raising funds to grab NBFCs' share to Comcast-led group's offer to Zee promoters, here are the top business headlines on Tuesday

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Cafe Coffee Day founder VG Siddhartha missing in Mangaluru: Report

The news emerged after the Mangaluru City Police started a search

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Market Ahead, July 30: All you need to know before the Opening Bell

Investors will eye quarterly earnings and global cues for market direction on Tuesday. They will also react to major results announced on Monday after market hours.

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Cost cutting: 400 Uber employees lose job as company starts restructuring

The 400 jobs will be from the marketing team which has more than 1,200 workers

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Cafe Coffee Day founder VG Siddhartha, son-in-law of senior politician SM Krishna missing since Monday night; police launch search operations

Cafe Coffee founder VG Siddhartha, son-in-law of veteran BJP leader SM Krishna missing since Monday night

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Top trading calls by Anand Rathi: Buy Berger Paints, Mindtree, GCPL

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.

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GSEB 12th Compartmental results out, not available on gbeb.org: Details

GSEB 12th Compartmental result has been declared for candidates who failed to secure passing marks in one or more subjects

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Top events of the day: Triple talaq bill, US-China trade talks, and more

Centre has listed the triple talaq bill for today in Rajya sabha. US-China trade talks to restart today in Shanghai. Tech Mahindra Q1 results will be declared today

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Cafe Coffee Day founder VG Siddhartha, son-in-law of veteran BJP leader SM Krishna missing since Monday night; police launch search operations

Cafe Coffee founder VG Siddhartha, son-in-law of veteran BJP leader SM Krishna missing since Monday night

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MARKET LIVE: SGX Nifty suggests positive start for benchmark indices

Catch all the live market updates here

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More NBFCs will have to die if India's shadow-banking sector is to survive

A few quarters of pain in sectors that depend upon shadow financing is a small price to pay to produce a sector that winds up doing its job efficiently and sustainably

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Sunday, 28 July 2019

Dabur regains market share, looks at boosting rural reach

The youngest chairman of Dabur, Amit Burman said his focus would be to enhance science-based ayurveda products, premiumisation, rural distribution and e-commerce.

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PepsiCo to invest Rs 514 crore for UP snacks plant

The new investment plan is in line with PepsiCo’s goal to double its snacks business in the country by 2022 and is expected to help create over 1500 jobs (direct and indirect), the company said in a statement.

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PepsiCo to invest Rs 514 crore for UP snacks plant

The new investment plan is in line with PepsiCo’s goal to double its snacks business in the country by 2022 and is expected to help create over 1500 jobs (direct and indirect), the company said in a statement.

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Stocks to watch: Dr Reddy's, DLF, Havells, ICICI Bank, Voda Idea, Vedanta

Here's a look at the top stocks that may trade actively in today's trading session.

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Shielding the govt: The use and abuse of intellectual storm troopers

The Modi govt doesn't address critics directly and lets an outsourced army take them on. This keeps the govt at an arm's length from any debate about its policies

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Top events of the day: Yediyurappa floor test, DLF Q1 results, and more

From Karnataka's new Chief Minister trying to prove majority to Kathua case trial, Business Standard brings you top events of the day

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Top 10 biz headlines: Amazon's Uber Eats bid, RIL private-label push & more

From Amazon's plan to buy Uber Eats India to Alteria raising Rs 960 cr in maiden funding, here are the top business headlines on Monday

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CAT 2019 official website iimcat.ac.in live now; check dates, form, & more

The CAT 2019 registration will begin on August 7, 2019, in the online mode from 10 am onwards

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Market Ahead, July 29: Top factors that are likely to guide markets today

The major factors shaping the market direction today will be corporate results, global cues, and update on monsoon.

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Discoms make a beeline for cheaper power supplied by NTPC under SCED system; expected to save nearly Rs 2.5 cr per day

NTPC is best equipped to offer power at a lower cost to the central pool since a number of its units have lower fuel costs

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DU PG Admission 2019 for select courses to start from today: Know details

DU PG admission 2019: Delhi University PG second admission list to be declared today. All you need to know about important dates, documents, information concerning DU admission 2019

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Weekly market outlook and top trading ideas by Prabhudas Lilladher

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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How Jack Ma's $290 billion loan machine is changing Chinese banking

The financial-technology boom that turned China into the world's biggest market for electronic payments is now changing how banks interact with companies that drive most of its economic growth

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Nifty outlook, top stock picks by CapitalVia: Buy Dabur, United Breweries

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

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Four of top 10 firms lose Rs 84,433 cr in m-cap; HDFC Bank plunges, making it major loser

The m-cap of HDFC Bank plunged Rs 26,900.6 crore to Rs 6,22,401.90 crore, making it the top loser among the top-10 firms.

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Rural India has to progress for country to progress, says HUL chairman Sanjiv Mehta

"While our average FMCG consumption in the country is just $30-35, in rural India it is half this amount", says Hindustan Unilever chairman Sanjiv Mehta.

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JLL India revenue grows 17% to Rs 4,000 cr in FY19; to hire 2,000 employees by 2020-end

JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of 31 March 2019.

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CSAB special round allotment results 2019 expected today at csab.nic.in

The Central Seat Allocation Board (CSAB) is going to allot seats based on the rankings of candidates in JEE Main 2019

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Govt identifies 3-4 financially strong regional rural banks for IPOs; public issue likely this year

The bank consolidation exercise is going on as the objective is to bring the number of RRBs to 38 from the current 45

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MARKET LIVE: Sensex, Nifty, Q1 earnings, ICICI Bank, Kansai Nerolac, DLF

Catch all the live market updates here

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Rajasthan BSTC counselling result 2019 to be out on August 1; know details

Rajasthan BSTC counselling result 2019: About 700,000 candidates took the Rajasthan BSTC exam 2019. The Rajasthan BSTC/Pre DElEd allotment list will be declared on August 1

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Affle (India) IPO opens today: Five things to know before you invest

Key shareholders in Affle (India) include Microsoft Global Finance, a subsidiary of Microsoft Corp, which owns 6.23 per cent stake

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Best of BS Opinion: Time for farm reforms, clean up credit rating agencies

From farm sector reforms to US-China trade conflict, here's a selection of Business Standard Opinion pieces for the day

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Saturday, 27 July 2019

PepsiCo to invest Rs 514 cr to set up snacks plant in UP; create 1,500 jobs

The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022

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PepsiCo to invest Rs 514 cr to set up snacks plant in UP; create 1,500 jobs

The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022

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Vijay Mallya moves Supreme Court seeking stay on confiscation of his properties by ED in loan default case

A consortium of banks led by the State Bank of India (SBI) had in 2016 filed a petition in the Supreme Court against Vijay Mallya for his failure to repay the loan amount of more than Rs 8000 crore.

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Committed to scale up agri-based food business in India: PepsiCo

​​ Ahead of the Uttar Pradesh government's second ground-breaking ceremony for projects worth Rs 65,000 crore, PepsiCo India President and CEO Ahmed ElSheikh said in a statement that the company will bring in foreign direct investment to power the USD 5 trillion economy vision of a 'New India'.

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Hotel fined Rs 25,000 for charging Rs 442 for 2 bananas

The hotel was issued a show-cause notice after actor Rahul Bose's tweet - about being charged Rs 442.50, including GST, for the two bananas - went viral. The hotel authorities were given time till 11am on Saturday to file their reply, but they sought more time, he said.

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Committed to scale up agri-based food business in India: PepsiCo

​​ Ahead of the Uttar Pradesh government's second ground-breaking ceremony for projects worth Rs 65,000 crore, PepsiCo India President and CEO Ahmed ElSheikh said in a statement that the company will bring in foreign direct investment to power the USD 5 trillion economy vision of a 'New India'.

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Hotel fined Rs 25,000 for charging Rs 442 for 2 bananas

The hotel was issued a show-cause notice after actor Rahul Bose's tweet - about being charged Rs 442.50, including GST, for the two bananas - went viral. The hotel authorities were given time till 11am on Saturday to file their reply, but they sought more time, he said.

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Hong Kong braces for another big rally after fresh police-protester clashes

Police have given permission for a static protest in a park but have banned a proposed march through the city, ratcheting up the likelihood of renewed clashes.

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Indian sand artist Sudarsan Pattnaik wins People's Choice Award in US

He won the People's Choice Award for his sand sculpture 'Stop Plastic Pollution, Save Our Ocean'

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Heavy metal toxicity found in veggies grown in Yamuna floodplains: Report

The vegetable samples were picked up from Usmanpur Khadar, Geeta Colony and Mayur Vihar and were tested for the presence of metals like Lead (Pb), Nickel (Ni), Cadmium (Cd) and Mercury (Hg)

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Earnings, macro data, Fed decision to drive markets this week: Analysts

Analysts said subdued corporate earnings, foreign fund outflows and weak global cues continue to weigh on investor sentiment

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The hospitality industry is trying to cash in on this buzz beyond the metros

The push to upgrade national highways has led to a spurt in roadside restaurants catering to city folks.

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Earnings, macro data, Fed decision to drive markets this week: Analysts

Analysts said subdued corporate earnings, foreign fund outflows and weak global cues continue to weigh on investor sentiment

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Musk's Boring Co raises $117 mn in latest funding round from 20 investors

In the past, Musk has sold Boring Co's hats and flamethrowers to raise funds

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London Stock Exchange in talks to buy Blackstone's Refinitiv for $27 bn

LSE and Thomson Reuters both cautioned that there is no certainty that discussions between the parties will progress or that a transaction will be forthcoming

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Senior Congress leader and former union minister Jaipal Reddy dies at 77

During the UPA-1 government, he held portfolios like urban development and culture

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Think only world is heating up? Our body is hitting close to thermal limits

When the air temperature exceeds 35°C, the body relies on the evaporation of water - mainly through sweating - to keep core temperature at a safe level

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Proton therapy for prostate cancer: does the evidence support the hype?

While there is strong evidence for the benefits of proton therapy in children, it is much less clear in prostate and other adult cancers.

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Meddling again? Russian Twitter trolls fuel divisions ahead of Canada polls

This is mostly done through retweeting fake news stories, conspiracy theories and controversial or sensational stories that the far right thrives on

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Looking for survival: The hidden life revealed inside dinosaur bones

: Life exists almost everywhere on Earth. Bacteria thrive in hydrothermal vents, fungi grow inside Chernobyl, nematode worms crawl under Antarctic ice fields

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Tesla cars may soon stream Netflix, YouTube when not moving, says Musk

Tesla owners will be able to stream while the car is moving once regulators approve full self-driving, Musk said

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Vijay Mallya moves SC, seeks stay on confiscation of properties

In his plea, Mallya has said that he wanted attachment of only those properties that are related to Kingfisher Airlines

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Heavy rains in Mumbai: 11 flights cancelled, 9 diverted on Saturday

Of the seven departures, budget carrier IndiGo cancelled five, while Air India and Emirates cancelled one each

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GST rate on EVs cut from 12% to 5 %; reduced rate effective from August 1

The GST Council has also approved exemption from GST on hiring of electric buses by local authorities, news agency ANI reported

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McDonald's beats sales forecast on new deals, store revamp

The company's stock, a component of the blue-chip Dow Jones Industrial index, rose as much as 2% to a record high of $218.96, the third major restaurant chain to hit a peak this week.

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Heavy rains in Mumbai affect air services; 11 flights cancelled, 9 diverted

IndiGo has also cancelled its three flights to Mumbai from various destinations

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Top Pakistani JeM commander among 2 militants killed in Kashmir encounter

Acting on a tip-off about the presence of militants in Banday Mohalla in Bonbazar area of Shopian, security forces launched a cordon and search operation

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Friday, 26 July 2019

Moin Qureshi money-laundering case: ED arrests Satish Babu Sana, who accused ex-CBI special director Rakesh Asthana of bribery

On September, 2018, Asthana, who was heading the Special Investigation Team (SIT) in the Moin Qureshi case had sought to arrest Sana, accusing him of paying illegal gratification to ousted CBI Director Alok Verma to manage a bail-out.

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How exemption of 13 railway projects puts wildlife sanctuaries at risk

The Forest (Conservation) Act of 1980 prohibits the use of any forest land for non-forest activities

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Latest Boeing 737 Max fault that alarmed test pilots rooted in software

The 737 Max family of aircraft has been grounded by the US since March 13 and has cost Boeing and airlines billions of dollars

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Trump admin signs agreement with Guatemala to restrict asylum cases to US

President Donald Trump heralded the concession as a win as he struggles to live up to his campaign promises on immigration

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Priyanka lashes out at BJP govt in Uttar Pradesh over farm suicides

Priyanka Gandhi cited a media report which said that five farmers have committed suicide in as many days in Bundelkhand's Banda

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BCCI helps Shami secure US visa after initial rejection on adultery charges

The Bengal speedster finally got the clearance after BCCI CEO Rahul Johri wrote a letter to the US Embassy

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US approves $125-mn military sales to support, monitor Pakistan's F-16 jets

Pakistan has used the F-16 fighter jets against India, the latest being in the aftermath of the Balakot airstrike inside Pakistan by India

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Reliance Jio emerges as India's biggest telecom player; Vodafone Idea user base dips to 320 mn

Reliance Jio has become the country's largest telecom operator with a subscriber base of 331.3 million, surpassing Vodafone Idea

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US Supreme Court permits Trump to use Pentagon funds for border wall

Transfer of the $3.6 billion in military construction funds is awaiting approval from the defense secretary

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ED arrests Hyderabad businessman in connection with Moin Qureshi PMLA case

The agency was expected to produce the accused before a special court here on Saturday for seeking further custody

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China trying to delay trade deal till US presidential polls in 2020: Trump

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are headed to Shanghai next week for resumption of trade talks with China

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Trump rules out tariff waivers for Apple, asks to make products in US

'When I heard they were going to build in China, I said no, it's okay. You can build in China, but when you send your product into the United States, we are going to tariff you,' Trump said

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RB India plans to bring more premium products under power brands

"This is the trend which we are experiencing all across. With rising affluence, now the consumers are willing to pay more for benefits, which they think is worth more," said RB South Asia Marketing Director Hygiene Home Sukhleen Aneja.

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Top 10 biz headlines: Maruti Q1 plunge, Jio emerges biggest telco & more

From Vedanta's exit from Anglo American investment to Maruti Suzuki Q1 results, here are the top business headlines on Friday

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81% Indian consumers order food through delivery apps due to convenience, says survey

While food delivery apps have expanded in cities across India and brought thousands of restaurants online, their rapid growth has also raised concerns over food quality, hygiene and packaging.

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FSSAI for tie up with stakeholders to tackle safety concerns

​​​There is an urgent need to drive improvements in efficiency and effectiveness of overall food system, given the triple challenges of food safety, food security and nutritional security faced by the country, it said.

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Strategic focus on e-commerce market: Reckitt Benckiser

Consumer health care and hygiene company Reckitt Benckiser has strategic focus on expanding its e-commerce sales and presence along with the conventional modes of business, a company official said here on Friday.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2SKozBT
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FSSAI for tie up with stakeholders to tackle safety concerns

​​​There is an urgent need to drive improvements in efficiency and effectiveness of overall food system, given the triple challenges of food safety, food security and nutritional security faced by the country, it said.

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Best of BS Opinion: Govt's macro challenge, Karnataka exception & more

From what govt must do to ensure that macro targets don't become embarrassments to how others can take inspiration from Yediyurappa's handling of Modi and Shah, here's a selection of BS Opinion pieces

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Thursday, 25 July 2019

Haldia Petro withdraws appeal seeking participation in NOCL revival

With this, the interim stay on the liquidator calling for expression of interest for the revival of the project is expected to proceed to the next stage

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Chandrayaan-2: 2nd orbit-raising smooth, expected to reach Moon on Aug 20

Despite its journey being delayed by a week, Isro has reworked Chandrayaan-2's schedule so that it can land on the Moon's south pole on the previously fixed date

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PMO asks FinMin to conduct detailed study on issuance of overseas sovereign bonds; concerns raised by experts

The PMO has asked the Finance Ministry to examine the concerns raised by formers RBI governors and deputy governors on the issuance of such bonds

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Stocks to watch: Vedanta, Tata Motors, YES Bank, PNB, Maruti, Bajaj Auto

Here's a look at the top stocks that may trade actively in today's trading session.

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Yes, privacy crackdowns matter: Facebook is starting to feel the pinch

Analysts have been looking for Facebook's growth rate to come in under 25 per cent for the rest of this year

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Westlife Development reports 50% drop in PAT

Westlife Development, which operates the McDonald's chain of restaurants in west and south India, reported a 50% drop in PAT (profit after tax) in in Q1 FY 20, to Rs 5.77 crore from a net profit of Rs 11.6 crore for the same period in the previous fiscal.

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Patanjali gets control of Ruchi Soya for Rs 4,350 crore

NCLT on Thursday approved Patanjali's revised Rs 4,350-crore bid to take over the edible oil maker.

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Desperate consumer goods companies hope for a happy festive season

FMCG players banking on consumption turnaround during key season, based on revival in rural demand.

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Top 10 biz headlines: Setback for Tata Motors, ArcelorMittal & more

From Tata Motors' Q1 loss nearly doubling to TPG Capital and Advent International being in talks to infuse funds in YES Bank, Business Standard brings you the top 10 business news of the day

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Market Ahead, July 26: All you need to know before the Opening Bell

The major factors shaping the market direction today will be corporate results, global cues, and update on monsoon.

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India's plan to sell $10-bn yen debt has one more hurdle: It's too much

The plan, if it does go ahead, may need to be revised, according to Kenichi Kurahashi, a Tokyo-based chief fund manager at Mitsubishi UFJ Kokusai Asset Management Co

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Finally, Baba Ramdev gets ownership of Ruchi Soya for Rs 4,350 cr; banks take huge haircut

The NCLT approval comes after it dismissed the petitions filed by Standard Chartered Bank and Singaporean lender DBS, which had both challenged the low bid by Patanjali and the resultant lower payout.

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Commodity outlook by Tradebulls Securities: Sell copper, nickel

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

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Derivative strategy from HDFC Securities: Buy Tata Steel August Futures

Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.

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SoftBank announces new $108-billion Vision Fund with Apple, Microsoft

SoftBank wants to raise a new massive fund every two or three years to take advantage of opportunities he sees in cutting-edge technologies

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US says time to build upon commitments made during Imran Khan's visit

We are working closely with the Pakistanis on recovering hostages, said US

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Banks hire scores of oversight agencies to curb fund diversion, says SBI Chairman Rajnish Kumar

There have been instances where an individual or a company has borrowed from one bank and at the same time uses a current account facility with some other bank to divert funds, SBI chairman Rajnish Kumar said.

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Bank of Baroda posts Rs 710 cr net income in first earnings since merger with Dena, Vijaya Bank

The lender is looking at raising Rs 6,000 crore, which includes Rs 4,500 crore from tier 1 bonds and Rs 1,500 crore from employees stock purchase scheme in the near-term

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MARKET LIVE: Sensex, nifty, Q1 earnings, Tata Motors, Bank of Baroda

Catch all the live market updates here

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What Wall Street could learn from India's new tax on share buybacks

India this month imposed a levy on its companies' share purchases

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Top events of the day: Kargil Vijay Diwas, Maruti Q1 results, and more

India will commemorate 20 years of the Kargil War today. President Ram Nath Kovind will join the celebrations at Drass, Kargil district in Jammu and Kashmir

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ICICI Bank Q1 preview: Loan growth, lower provisions to aid PAT growth

Analysts at Sharekhan expect the bank to report a profit after tax (PAT) of Rs 1,377 crore as against a loss of Rs 120 crore in the June quarter of the previous fiscal

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Best of BS Opinion: Bonding in marketing, K-solution, Boris factor and more

From emotional bonding with customers to Kashmir issue, here's a selection of Business Standard Opinion pieces for the day

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Wednesday, 24 July 2019

Hyundai eyes mass market for EVs, to develop new platform for India

The Korean automobile company recently launched an electric car named Kona in India

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A total witch hunt, Robert Mueller did a horrible job, says Donald Trump

I think Robert Mueller did a horrible job, both today and with respect to the investigation, said Trump

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Mars Wrigley introduces Indian flavours in chocolates

The company, which has launched a Rs 10 SKU (stock keeping unit) and the almond variant in its flagship product Snickers, has recently introduced a Rs 25 variant of Bounty, in addition to its Rs 50 variant. Skittles would also be available at Rs 10, said Ritesh Gauba, director, sales, Mars Wrigley India.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2GqyeIU
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Goodricke to open 2 ‘Tea Pot’ lounges a year

​​The plantation major, which has recently decided to shift its focus on revenue generation by opening full-scale tea lounges, branded as Tea Pot, is going to launch three big outlets in India from early next month till 2019-end. Currently, Goodricke is operating three such lounges, including Margaret’s Deck at Kurseong.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2JZPdmy
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Mars Wrigley introduces Indian flavours in chocolates

The company, which has launched a Rs 10 SKU (stock keeping unit) and the almond variant in its flagship product Snickers, has recently introduced a Rs 25 variant of Bounty, in addition to its Rs 50 variant. Skittles would also be available at Rs 10, said Ritesh Gauba, director, sales, Mars Wrigley India.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2GqyeIU
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CTET Answer Key 2019 released on ctet.nic.in: Know important instructions

CTET Answer Key 2019: CBSE has the answer key for Central Teacher Eligibility Test or CBSE CTET. Here's what students must know

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Do regional parties overlook violence in exchange for political support?

The study looked at constituency-level assembly election data between 1988 and 2011 and events of political violence between 1989 and 2015

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World's top toymaker to leave China; may shift plants to India, Vietnam

Hasbro is the latest company changing its strategy amid heightened tensions between the US and China

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Market Ahead, July 25: All you need to know before the Opening Bell

As many as 43 companies are scheduled to declare their June quarter results today.

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Nifty outlook, top stock picks by CapitalVia: Buy Zee Ent, Sell Tata Steel

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

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Buy and sell ideas by Sacchitanand Uttekar of Tradebulls Securities

Nifty outlook and top trading ideas by Sacchitanand Uttekar, DVP - Technical (Equity).

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Top business headlines: Truce at Indigo, big bureaucratic reshuffle & more

From Indigo promoters reaching compromise to government approving Rs 3,050-cr fine on Airtel and Vodafone Idea, here are top 10 events and developments that made news on Wednesday

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Uber, Bengaluru-based Sun Mobility tie-up to offer electric three-wheelers in India in coming months

Uber already allows riders in India to book the ubiquitous three-wheeled vehicles dubbed "autorickshaws" or "autos"

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Cox & Kings defaults on Rs 174-cr commercial papers; second instance in four week's time

On 1 July, Cox & Kings had said in a filing that company's working capital situation was stretched in the last few months,

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DCC approves Rs 3,050 cr penalty on Bharti Airtel, Vodafone Idea; telecom operators plan legal recourse

The incumbent telecom operators said they are exploring all options, including legal recourse, to protect their interest.

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MARKET LIVE: Q1 results, Bank of Baroda, Tata Motors, IndiGo,Syndicate Bank

Catch all the live market updates here

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World's best-performing restaurant stock in 2019 is a Thai dessert shop

After You's "core profit" in the second quarter probably more than doubled from a year earlier to a quarterly record on higher sales

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Despite Donald Trump's best efforts American factories won't leave Asia

A survey released in May found that fewer than 6 per cent of the companies that were shifting or considering moving production out of China were choosing the US as a new destination

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Managing a waning asset and searching for growth: How FB is balancing it

Facebook has the patience of investors to spend generously, but Zuckerberg knows he can't push it

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Boris Johnson: From failed politician to Britain's new Prime Minister

This story is based on conversations with parliamentarians, advisers and ministers and shows how Johnson convinced his skeptical colleagues to put their faith in him

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Top events of the day: GST Council meet, Tata Motors Q1 result, and more

The 36th meeting of the GST Council will happen through video conferencing

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L&T Infotech, Cyient: Are mid-tier IT companies a good bet post Q1 numbers?

Going by the analysts' view, the IT sector, as a whole, faces four major challenges.

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Best of BS Opinion: Crypto ban not a good idea, labour laws reforms & more

From the ban on cryptocurrency, political defections to OYO's adventures, here's a selection of Business Standard Opinion pieces for the day

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Tuesday, 23 July 2019

SBI Clerk Result 2019 out sbi.co.in: Steps to download SBI prelims result

SBI Clerk Result 2019: SBI Clerk Prelims Result has been declared on sbi.co.in. Here's what candidates must know about SBI Clerks Main exam

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Market Ahead, July 24: Top factors that are likely to guide markets today

Corporate earnings and global cues will continue to dominate investor sentiment today. They will first react to major results announced Tuesday post-market hours. In that regard, Larsen & Toubro (L&T)

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Nasscom takes SME delegation to US to strengthen strategic alliances

Said to be a one-of-its-kind engagements programme, the delegation of small and medium enterprises visited several states in the US

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Pakistani govts lied to US; we were facing 40 militant groups: Imran Khan

In his last public engagement before winding up his hectic three-day US tour, Khan hoped that the US-Pak relationship was now on a different level

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Sebi directs Hotel Leela to make additional disclosures to shareholders on asset sale to Brookfield

Sebi had received complaints from ITC and LIC-minority shareholders in Hotel Leela-alleging violations by promoters, JMF ARC in asset sale transactions

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Top events of the day: Global Innovation Index, CBDT's campaign, and more

The CBDT will launch a country-wide taxpayer e-assistance campaign on the occasion of 159th Income Tax Day on Wednesday

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Top stock calls by Religare Broking: Buy Dabur, Aurobindo Pharma

Here are the weekly stock recommendations by Religare Broking

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South Koreans don't want to be married and its proving bad for the economy

When it comes to the birth rate, South Korea has ranked at the bottom of OECD countries in the Asia-Pacific region since 2016, with that rate going even lower this year

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Last date for filing Income Tax Returns extended to 31 August: Here's how salaried employees can fill ITR for AY 2019-20 on incometaxindiaefiling.gov.in

If you are a salaried employee, you will have to file your Income Tax Returns (ITR). The last date for filing your ITR is 31 August, 2019.

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Bank of Baroda Q1 preview: NII could rise 34% YoY; merged entity's nos eyed

On a standalone basis, analysts are eyeing a pre-provision profit for Bank of Baroda of up to Rs 4,765 crore the quarter under review

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'Sandwiched' Pak, two-front dilemma & Afghan-India ties: Imran's worry list

'We would do anything, I mean, if (there is) any role Pakistan can play in this. We have already suggested this to Iran', said Imran Khan

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To have or have not: Blame men for Bihar's population crisis, say survey

Bihar's overall unmet need for family planning is 21.2%, the third highest in India

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National Stock Exchange to exclude 11 stocks from derivatives segment, BSE 9 from 27 September

The exclusion of nine stocks by both exchanges comes on the backdrop of the 11 Sebi's April 2018 circular

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Top 10 biz headlines: RIL at 106 in Fortune 500, SC ousts Amrapali & more

From India's likely entry into the club of the 50 most innovative nations to Supreme Court cancelling Amrapali group's RERA registration, Business Standard brings you top 10 business news of the day

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Nike running shoes sell for $437,500, smash auction record for sneakers

The highest previous price fetched at auction for sneakers is thought to be $190,373 for a pair of signed Converse shoes said to have been worn by Michael Jordan in the 1984 Olympic basketball final

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Facebook to pay civil penalty of $5 bn to settle allegations by US FTC

The fine will mark the largest civil penalty ever paid to the FTC

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Bihar population problem: 94% women know about contraception, 20% use them

In roughly five years, or by 2024, the population of India is expected to surpass that of China, according to a 2017 United Nations (UN) projection

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After rising 1,500%, IndusInd bets on microfinance firm buy to extend gains

Acquiring India's largest micro financier gives the bank presence in more than 115,000 villages that will increase its cross-sell, lending and low-cost deposit mobilisation efforts

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Today's picks: From Infosys to CIL, hot stocks to watch on Wednesday

Nifty, Bank Nifty, Infosys, Coal India

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Best of BS Opinion: Numbers alone do not determine desirability of outcomes

From bank lending to infrastructure to Supreme Court judgements, here's a selection of Business Standard Opinion pieces for the day

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Nasscom asks govt to reconsider clarification on intermediary services

A circular from the Central Board for Indirect Taxes and Customs that was released last week said the services offered by the IT and ITeS sectors at the back end may attract 18% GST

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Democracy, honesty lost: Rahul on Congress-JD(S) govt fall in Karnataka

Hours after the fall of the Congress-JD(S) government in Karnataka, Congress leader Rahul Gandhi on Tuesday said the greed of those who saw the alliance as an obstacle in their path to power won, while democracy and the state's people lost. The Congress-JD(S) government in Karnataka collapsed after the confidence motion moved by Chief Minister H D Kumaraswamy was defeated in the assembly, ending his 14-month long turbulent tenure. "From its first day, the Cong-JDS alliance in Karnataka was a target for vested interests, both within & outside, who saw the alliance as a threat & an obstacle in their path to power. Their greed won today," Gandhi tweeted. "Democracy, honesty and the people of Karnataka lost," he said. Reacting to the development, Congress general secretary Priyanka Gandhi Vadra said one day the BJP will discover that everything cannot be bought, everyone cannot be bullied and every lie is eventually exposed. "Until then I suppose, the citizens of our country will

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Monday, 22 July 2019

Securities Appellate Tribunal adjourns NSE co-location matter to 18 September; Sebi seeks more time to reply to petitions

In April, the Sebi directed the National Stock Exchange to disgorge profits of over Rs 1,000 crore

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Viral Acharya's parting message: Set up independent body to rein in fiscal deficit; invokes SD Burman's music in Pyaasa to say less is more

Viral Acharya made a strong case for reducing the government borrowing and making more resources available for the private sector

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Need arduous efforts for 5.5-6.0% industrial output target in 2019: China

Industrial production grew 6.3% in June from a year earlier, picking up from May's 17-year low of 5.0%

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Kashmir is issue between India-Pak; US ready to assist talks: State Dept

It also said Pakistan taking "sustained and irreversible" steps against terrorism is key to a successful dialogue with India

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Viral Acharya's parting message: Set up independent body to rein in fiscal deficit; make more resources available for private sector

Viral Acharya made a strong case for reducing the government borrowing and making more resources available for the private sector

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Rajasthan PTET Counselling Result 2019 out on ptet2019.org: Know details

Rajasthan PTET Counselling Result 2019 or RPTET Counselling result: Here's how you can download result from the official website ptet2019.org

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Stocks to watch: TVS Motor Co, HUL, YES Bank, USL, L&T, ZEEL, DHFL, IndiGo

Here's a look at some of the stocks that are likely to trade actively in today's trading session.

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HUL may not buck slowdown, but stock’s still top FMCG play

Revenue growth in Q1 is estimated at 8-9% and volumes at 5-6%

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Grofers to deploy 500 e-vans in fleet by Dec-end

The SoftBank-backed company had started a pilot with about 50 e-vans last year in Delhi-NCR, and has expanded the initiative to Jaipur, Grofers founder Saurabh Kumar told .

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AMUL to introduce camel milk in sizes of 200 ml pet bottles

Before this in January earlier this year, Amul had launched camel milk 500 ml in pet bottle which is priced at Rs 50 per bottle, Sodhi said.

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Grofers to deploy 500 e-vans in fleet by Dec-end

The SoftBank-backed company had started a pilot with about 50 e-vans last year in Delhi-NCR, and has expanded the initiative to Jaipur, Grofers founder Saurabh Kumar told .

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AMUL to introduce camel milk in sizes of 200 ml pet bottles

Before this in January earlier this year, Amul had launched camel milk 500 ml in pet bottle which is priced at Rs 50 per bottle, Sodhi said.

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Market Ahead, July 23: All you need to know before the Opening Bell

Corporate earnings will continue to be the biggest factor in shaping the market direction today while investors will also look out for global and other domestic cues.

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Day 1 of China's Nasdaq equivalent: 3 billionaires created on 'Star'

The 25 companies that debuted on the so-called Star market rose an average of 140% in the first trading day

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Best of BS Opinion: Jobs to water, country's plight seeks constant reforms

From labour force to water conservation, here's a selection of Business Standard Opinion pieces for the day

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Hong Kong tempts China's ire as pro-independence protests take violent turn

Police fired tear gas at protesters who had surrounded China's local government headquarters and defaced the national emblem

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Nifty outlook and top stock picks by Prabhudas Lilladher: Buy RIL, Hindalco

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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Chandrayaan-2 mission: From SAIL to private players like Larsen & Toubro, Godrej Aerospace, all gave a push to Rs 978-cr unmanned spacecraft

Private sector players had a significant role to play in the success of the state-run ISRO's Chandrayaan-2 mission with companies

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DHFL expects lenders approval of resolution plan by month-end; private equity firms in talks with promoters for strategic stake

DHFL has received non-binding indicative term sheets as part of the proposed corporate restructuring of the company

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MARKET LIVE: SGX Nifty suggests positive start for benchmark indices

Catch all the live market updates here

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Top 10 biz headlines: IndiGo crisis, TVS Q1 result, NHB diktat, and more

The promoters of IndiGo, the country's largest airline by market share, are learnt to be separately meeting Securities and Exchange Board of India Chairman Ajay Tyagi

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Viral Acharya ends his RBI stint with a sense of unfinished business

Acharya's boss at the central bank, Shaktikanta Das, says a continuous and prolonged dependence on the government's capital infusion into banks can breed inefficiency

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Today's picks: From ITC to Bajaj Finance, hot stocks to watch on Tuesday

For ITC, keep a stop at 266 and go short. Add to the position between 261-262. Book profits at 260

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Sunday, 21 July 2019

USFDA found different dietary, medicinal claims on Patanjali's sharbat bottles

The United States and Food and Drug Administration (USFDA) said in its report that the "firm has separate production and packaging areas for exported and domestic products".

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Brokerages remain upbeat on Reliance Industries' stock post Q1 results

The stock trades at Rs 1,250 levels on the NSE and has gained 13 per cent in the last one year

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Chandrayaan-2 LIVE updates: ISRO to launch moon mission at 2:43 pm

Chandrayaan-2 mission LIVE updates: Isro began the countdown for Chandrayaan-2 mission launch at 6:43 pm on Sunday

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SSC CPO recruitment 2019: Exam for posts of Delhi Police SI, CISF ASI today

The PET, PST for SSC CPO recruitment admit card for the same were released last week at the regional official websites

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Quarterly earnings to drive markets this week; indices may see volatility due to Fed policy meeting, monsoon, say analysts

Quarterly earnings from frontline companies such as HUL, Maruti Suzuki and Kotak Mahindra Bank would set the trend for equity markets

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Top 10 biz headlines: Fresh bank director norms, RIL faces headwinds & more

From RBI planning to come up with fresh fit-and-proper norms for directors on bank boards to Union Bank of India labeling Suzlon Energy Ltd as a bad loan, here are the top business headlines on Monday

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Oil price to rise? Millions of barrels of Iran oil piled up in China ports

The store of oil has the potential to push down global prices if Chinese refiners decide to draw on it

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Apollo 11 made us believe we could do anything, but it could hasten our end

This faith in technology has given us a false sense of security

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Stocks to watch: Suzlon Energy, OBC, TVS Motor Co, RIL, HDFC Bank, IndiGo

Here's a look at some of the counters which are expected to trade actively in today's trading session.

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50 yrs of Apollo 11: How geological maps made the moon landings worthwhile

Geological mapping continues today, even on bodies where there is no prospect of human visitors in the forseeable future

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Market Ahead, July 22: Top factors that are likely to guide markets today

Today, the benchmark indices may take hint from their global peers which moved higher after expectations of a rate cut by Federal Reserve strengthened.

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No relation with Thomas Cook Plc, financial position strong, says Thomas Cook India MD clarifying rumour

TCIL has been independent since August 2012 when Thomas Cook Plc sold its entire stake to Fairfax Financial Holdings in Canada

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RBI Governor's take on economic slowdown, rate cuts, NBFCs and trade war

"We have to only see our domestic demand continues to be robust and ensure that there is a domestic demand revival and that remains strong"

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Top trading ideas by CapitalVia: Sell TVS Motors, Piramal Enterprises

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

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RBI Governor's take on economic slowdown, rate cuts, NBFCs and trade war

"We have to only see our domestic demand continues to be robust and ensure that there is a domestic demand revival and that remains strong"

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IFCI aims to mobilise up to Rs 2,000 cr from sale of non-core assets this fiscal; to recover bad loans under IBC

IFCI is the country's oldest public sector financial institution

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Nifty outlook, top stock picks by Angel Broking; Buy Tata Global, Sell EIL

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd

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IndiGo promoters' dispute impact: Board decides to increase strength to 10; to have 4 independent directors

The decision, taken during the company's board meeting on 20 July, comes against the backdrop of feud between co-promoters of IndiGo

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The case for balanced budgets

Govt must fix a hard budget constraint, not via some mythical number such as a percentage of GDP but via an absolute number that balances the budget, writes TCA Srinivasa-Raghavan

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Airtel to seek shareholders' nod for waiver of recovery of excess pay to Chairman Sunil Mittal, CEO Gopal Vittal

Chairman Sunil Bharti Mittal's remuneration in 2018-19 was Rs 21.19 crore more than the ceiling of 11 percent of the company's net profit

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Top events today: Chandrayaan 2 launch, Karnataka trust vote, and more

From India's indigenous moon mission to political drama in Karnataka, here are some of the most important news events scheduled for today

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Best of BS Opinion: New govt's economic performance good but more is needed

From miffed markets to electric vehicles, here's a selection of Business Standard Opinion pieces for the day

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Affordable homes account for only 29% of total launches in Jan-Jun: Anarock

In recent Budget announcement, the government has increased the deduction of interest on home loan by Rs 1.5 lakh to Rs 3.5 lakh to boost demand for affordable housing

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FPIs go on selling spree post super-rich tax, withdraw Rs 7,712 cr in July

FPIs had been net investors in the equity segment in the previous five months

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Strong rupee, lower GDP likely to tame inflation in India to 4.1%: ADB

India will be the main driver to lower the inflation for the South Asian region, ADB said in a supplement to Asian Development Outlook (ADO) 2019

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Strong rupee, lower GDP likely to tame inflation in India to 4.1%: ADB

India will be the main driver to lower the inflation for the South Asian region, ADB said in a supplement to Asian Development Outlook (ADO) 2019

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IFCI aims to raise up to Rs 2,000 cr by selling non-core assets this fiscal

The fund infusion will help shore up IFCI's capital and enhance operations

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India squad for Windies: Dhawan back; Saini, Rahul Chahar get maiden call

India will play 3 T20 Internationals, as many One Day Internationals and 2 Test matches during their tour to West Indies.

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Another huge anti-govt rally kicks off in Hong Kong, security tightened

Sunday's rally is the seventh weekend in-a-row that residents have come out en-masse

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Centre proposes 'MetroLite', light urban rail transit for small cities

The Union Housing and Urban Affairs Ministry has issued standard specifications of the 'Metrolite' system which will be developed on surface and elevated stretches

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Eager to assemble more cars locally, but high taxation a hurdle: JLR India

The company said lowering of GST from the current 28 per cent to 18 per cent would help the industry recover from the slowdown and in turn spur employment generation

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FPIs go on selling spree post super-rich tax, withdraw Rs 7,712 cr in July

FPIs had been net investors in the equity segment in the previous five months

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PKL 2019, Match 3 preview: Can Sunil and Parvesh bring down Pawan Sehrawat?

Gujarat Fortunegiants vs Bengaluru Bulls match will be a showdown between the best raiding pair versus the best defensive pair in Pro Kabaddi League

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IL&FS crisis: Sebi expands probe into role of 5 credit rating agencies

Market regulator Sebi has expanded its probe into the role of five credit rating agencies after a forensic audit mandated by the new board of crisis-ridden IL&FS flagged serious lapses and their possible complicity with the former top brass of the group in giving top ratings despite weak financials. While CEOs of two rating agencies have already been forced to go on leave pending completion of the probe on the advice of Sebi, officials said the regulator is now looking into possible systemic lapses at all five rating agencies and also into the role of multiple people suspected to have intentionally manipulated the rating procedures. The special audit conducted by Grant Thornton found that its review of emails exchanged by the former key executives of Infrastructure Leasing and Financial Services (IL&FS) group and the top officials of rating agencies showed that they were aware of the serious liquidity concerns and weakening financials of the group. "However, various strategies

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Private insurance firms make windfall from Railways' insurance scheme

Private insurance companies received a premium of around Rs 46 crore in the last two years from railway and its passengers while making a payout of only Rs seven crore in claims under the national transporter's travel insurance scheme, an RTI has found. IRCTC, which is a wholly owned undertaking of the Ministry of Railways, has entered into an agreement with three private insurance companies through limited tender - Shriram General Insurance Company Ltd, ICICI Lombard General Insurance Company Ltd and Royal Sundaram General Insurance Company Ltd for its Optional Travel Insurance Scheme which was launched in September 2016 with a premium of Rs 0.92 per passenger. This facility is for confirmed/RAC railway passengers who booked e-ticket through the official website of Indian Railway Catering & Tourism Corporation (IRCTC). Under the scheme, a sum assured is paid to the victim/family or legal heir of the victim as the case may be in case of death/injury of reserved passengers due to ..

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India tour of West Indies 2019: Navdeep Saini likely to make India debut

Saini, who played for Virat Kohli-led RCB in the IPL, may be called to the team if Bumrah and Shami are rested for the West Indies tour

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LIC offering Rs 1.25 trillion by 2024 for highway projects, says Gadkari

The Minister said that the line of credit will be used to fund the ambitious Bharatmala project, the revised cost of which has reached Rs 8.41 trillion

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Reliance says its main gas fields in KG-D6 block in late life stage

The company, beginning mid-2020, will bring to production three sets of new discoveries in the block that will reverse the years of decline in production

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LIC offering Rs 1.25 trillion by 2024 for highway projects, says Gadkari

The Minister said that the line of credit will be used to fund the ambitious Bharatmala project, the revised cost of which has reached Rs 8.41 trillion

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TikTok parent ByteDance to set up first international data centre in India

The company has set an internal target of 6-18 months to set up the data centre

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Saturday, 20 July 2019

12 Rohingya Muslims prevented from entering Tripura from Bangladesh: BSF

Two men, five women and as many children had tried to enter Sipahijala district, about 50 km from Agartala

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US firms find ways to evade Trump tariffs, adapt to China's neighbours

Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia

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Africa's working-age population likely to top Asian labour force by 2100

The number of 15-to-64-year-old Africans today is a quarter of the size of Asia's working-age population

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Grandson of Prince who tried to kill Hitler renews fight over Nazi-era land

While confiscations by the Nazis were generally overturned after 1989, the German unification treaty holds that seizures during the period immediately after the war remain unaffected

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Why campaigns like #flightshame will not work with Asian flight passengers

Sometime in the next decade, China will surpass the U.S. as the world's biggest aviation market

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Equifax to pay close to $700 mn for data breach settlement: Report

Regulators will also ask the firm to strengthen its control procedures, risk management, and security systems at an additional cost of $1.25 billion, the report said

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Border forces launch week-long events to celebrate Kargil Vijay Diwas

Photo galleries will also be setup to tell about the bravery of those who laid down their lives in the line of duty

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Over a cup of tea: How Teabox founder Kausshal Dugarr wooed his investor Neelesh Bhatnagar

In an effort to help his investor make a decision, he kept sending teas for Bhatnagar and his family to sample.

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Over a cup of tea: How Teabox founder Kausshal Dugarr wooed his investor Neelesh Bhatnagar

In an effort to help his investor make a decision, he kept sending teas for Bhatnagar and his family to sample.

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Friday, 19 July 2019

Mukesh Ambani caps his annual salary at Rs 15 cr for eleventh year in a row

Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum

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5.5 magnitude quake jolts Arunachal again, tremors felt in Assam

The latest quake, tremors of which were felt in Assam, occurred at 4.24 a.m. at a depth of 10 km with the epicentre in East Kameng district of Arunachal Pradesh

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Ansarullah terror case: NIA conducts searches across Tamil Nadu

The raids are being carried out in Chennai, Madurai, Tirunelveli and Ramanathapuram district, they said without divulging further details.

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White House to host meeting with tech executives on Huawei ban: Report

The subject of Huawei was expected 'to come up but that it is not the reason why they are convening the meeting,' said the official, who spoke on condition of anonymity.

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'Jungle Raj in UP': Congress says BJP trying to 'deport' Priyanka Gandhi

The Congress on Friday also targeted the Uttar Pradesh government over the detention of Priyanka Gandhi, with former party chief Rahul Gandhi terming it as ;illegal arrest'

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Strides Bengaluru unit gets 'Voluntary Indicated Action' status from USFDA

The flagship facility in Bengaluru is the largest manufacturing facility for the company with capabilities to produce finished dosage products across multiple formats

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'Just a window dressing': US doubts Pak's intention on Hafiz Saeed's arrest

Saeed, a UN-designated terrorist was arrested on Wednesday -- the seventh times since December 2001

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Top 10 biz headlines: RIL, Indigo Q1 results, Oyo $2-bn investment & more

From Brookfield capital infusion into RIL to Lenders revised norms for Jet airways, here are the top business headlines on Friday

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Apollo 11 turns 50: Moon exploration, interesting facts & Nasa's to-do list

NASA's Project Artemis aims to take more humans, including the first woman ever to the moon

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'Operation Sentinel': US to beef up surveillance in Middle East waterways

The goal of Operation Sentinel is to promote maritime stability, ensure safe passage, and deescalate tensions in international waters throughout the Arabian Gulf, Strait of Hormuz

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McD’s New Town outlet opens after change in franchise ownership

McDonald’s has reopened its outlet at City Centre II after a change in ownership of the franchise, setting the ball rolling for other outlets in the state to resume business.

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Trump to press for Shakil Afridi's release during meeting with Imran Khan

The two leaders are scheduled to meet at the White House on Monday

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Govt asks Mother Dairy to sell tomatoes at Rs 40 per kg

According to the Department of Consumer Affairs (DoCA), tomatoes were sold in Delhi on Friday at average of Rs 63 per kg.

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Govt asks Mother Dairy to sell tomatoes at Rs 40 per kg

According to the Department of Consumer Affairs (DoCA), tomatoes were sold in Delhi on Friday at average of Rs 63 per kg.

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Brewers get invitation to big fat Indian weddings

Big fat Indian weddings — which typically displayed opulent bars with champagne, cocktails and hard spirits — are becoming buzzing venues for leading brewers.

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Pitchai Rajagopal: The rise and fall of the dosa king

Saravana Bhavan founder Pitchai Rajagopal was many things—an entrepreneur who put idlis and dosas on the world map, a benevolent employer—and a convicted murderer.

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ITC jumps on healthy snacks bandwagon

The health snacks sub-segment is estimated to be around 2% of the overall snacks market.

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Best of BS Opinion: India's governance deficit, from cities to companies

From bank nationalisation to Karnataka drama, here are the best of Business Standard Opinions for the day

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Thursday, 18 July 2019

City duo brings Mum-based cloud kitchen chain to Kol

The virtual kitchen giant currently has three stores — Ballygunge, Chinar Park and Behala. Apart from these three, work is underway to set up seven more outlets in the city. The brand plans to have a total of 10 outlets in Kolkata by December end.

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Marriage, murder and masala dosa

Saravana Bhavan, his restaurant chain which now extends from Madras to Manhattan, became a global startup when few were even aware of the term.

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No US aid for Pakistan as decisive action against terror pending: Report

The CRS is an independent and bipartisan research wing of the the US Congress

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Stocks to watch: RIL, IndiGo, ICICI Lombard, ACC, Bandhan Bank, Jet Airways

Here's a look at the top counters that are likely to trade actively in today's session.

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SSC MTS admit card 2019 released, download from ssc.nic.in; know details

SSC MTS admit card 2019: Candidates who have opted for their exam centres within Uttar Pradesh and Bihar can now download SSC MTS admit card from the official websites sscer.org and ssc.nic.in

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Top 10 biz headlines: No relief for FPIs, more trouble for TikTok, and more

From super-rich tax to RCom's SIM swap fraud, Business Standard brings you the top headlines that made news on Thursday

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US sanctions 12 entities, individuals linked to Iran's nuclear program

According to Pompeo, there is no credible reason for Iran to expand its nuclear program at this time

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US naval ship shot down Iranian drone in 'defensive action', says Trump

Trump asserted that the US reserved the right to defend its personnel, facilities and interests

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A widening financial toll for Boeing from fallout of 737 Max grounding

Since the March 10 crash of an Ethiopian Airlines 737 Max 8 jet, Boeing has dropped 15%

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Dumont plans to set up ice-cream plant in Hyderabad

“Once we set up our facility in Hyderabad, the Vijayawada plant will cater to AP and Tamil Nadu markets and the Hyderabad plant will supply to Telangana, Karnataka and Maharashtra,” he explained.

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Dumont plans to set up ice-cream plant in Hyderabad

“Once we set up our facility in Hyderabad, the Vijayawada plant will cater to AP and Tamil Nadu markets and the Hyderabad plant will supply to Telangana, Karnataka and Maharashtra,” he explained.

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Market Ahead, July 2019: All you need to know before the Opening Bell

The benchmark indices may take hint from their global peers which moved higher after expectations of a rate cut by Federal Reserve strengthened.

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SBI Clerk Result 2019 to be out soon; know important dates and instructions

SBI Clerk Result 2019: SBI Clerk Prelims Result will be declared soon on sbi.co.in. Here are some important instructions that candidates must know

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Commodity outlook by Tradebulls Securities: Sell gold, buy zinc

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

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Who is behind Mumbai building collapse? Five key points based on data

Over 14,000 buildings in Mumbai are at risk of collapsing

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Derivative strategy on NBCC by HDFC Securities

Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.

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Focusing on needs of consumer, India's unicorns are like workhorses

India's four largest unicorns are in online payments, e-commerce, ride-hailing and education

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MARKET LIVE: SGX Nifty suggests positive start for benchmark indices

Catch all the live market updates here

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From IndiGo board meet to RIL results, here are the top events of the day

The CPSE ETF FFO will be open for retail subscription on Friday. The Centre is looking to mobilise up to Rs 10,000 crore through the latest FFO

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IL&FS probe: NCLT allows govt to prosecute auditors Deloitte, BSR; C Sivasankaran and 2 independent directors

The NCLT said the corporate affairs ministry can go ahead with the prosecution based on the findings of the probe

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CBSE 12th compartment result declared on cbse.nic.in; all you need to know

CBSE Compartment result 2019: Students can check their results on the official websites cbse.nic.in and cbseresults.nic.in. Here is all you need to know

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Today's picks: From HDFC to Tata Motors, hot stocks to watch on Friday

Nifty, Nifty Bank, HDFC, Tata Motors, GAIL

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Best of BS Opinion: Budget 2019 marks a paradigm shift, quells all doubts

From Kulbhushan Jadhav's reprieve to bank nationalisation, here are the best of Business Standard Opinions for the day

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Wednesday, 17 July 2019

Netflix trips in its bid to raise people's bills & still sign up customers

Netflix lost paying customers in the US during the second quarter for the first time in years after it increased prices on its most popular plan to $13 a month from $11

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Headless since February, GoAir finally hires ex-Airbus executive Miranda Mills; to take charge from August

GoAir has been headless since February when the then chief executive officer Cornellis Vriewijk resigned citing "family" reasons after being at the helm for just about nine months.

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Jaypee insolvency: NCLAT asks IDBI Bank to file affidavit listing out new terms for fresh bidding

All the 13 banks, which constitute 40.75 percent of CoC, voted against the bid by the state-run firm to acquire Jaypee Infratech.

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Boeing to pay $50 million compensation to 737 MAX crash victims' families

The 737 MAX, Boeing's best-selling jet, was grounded globally in March following the Ethiopian Airlines crash

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Govt's plan to sell its first foreign sovereign bonds a risky money idea?

A key nationalist ally of Modi's ruling Bharatiya Janata Party has called the proposal a 'dangerous idea', which could lead India into a debt trap

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Netflix to offer an affordable Rs 250 a month, mobile-only plan in India

Netflix currently offers three monthly plans in India, priced between Rs 500 and Rs 800

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Nifty outlook and top stock picks by CapitalVia: Buy HDFC, Ultratech Cement

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

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Buy and sell ideas by Sacchitanand Uttekar of Tradebulls Securities

Nifty outlook and top trading ideas by Sacchitanand Uttekar, DVP - Technical (Equity).

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US firm pays $58,000 in back wages for H1B certification program violations

The employer also "benched" that worker, a term used to describe when an employer fails to pay an H-1B employee when work is slow, for example

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Turkey brands US move to bar it from F-35 programme over S-400 buy 'unfair'

Turkey has ordered more than 100 of the F-35 fighter jets, spending $1.4 billion while its defence industry has invested significant sums into the warplanes' production

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Netflix loses 130,000 US customers, shares fall 12% as global growth slows

Netflix reported that it added 2.83 million paid streaming subscribers outside the United States, below analyst expectations of 4.8 million

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Govt's plan to sell its first foreign sovereign bonds a risky money idea?

A key nationalist ally of Modi's ruling Bharatiya Janata Party has called the proposal a 'dangerous idea', which could lead India into a debt trap

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Why children of farmers in India are less likely to take up farming

For the first time since Independence, India saw a shift of surplus labour from agriculture to the non-agricultural sectors

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IL&FS fallout: CARE Ratings sends CEO Rajesh Mokashi on leave, cites anonymous complaint filed with SEBI

Rajesh Mokashi was sent on 'leave' after an anonymous complaint was filed with Securities and Exchange Board of India (SEBI)

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Why children of farmers in India are less likely to take up farming

For the first time since Independence, India saw a shift of surplus labour from agriculture to the non-agricultural sectors

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Karnataka Assembly floor test to RS election, here are top events for today

As the term of 5 MPs to Rajya Sabha from Tamil Nadu comes to an end, elections for the same will be held on July 18

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Top 10 biz headlines: Changes in insolvency law, IndiGo board meet, & more

From changes in insolvency law to Wipro Q1 results, Business Standard brings you the top headlines that made news on Wednesday

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With eBay deal shopkeepers can source US, European products: Paytm founder

One97 Communications Founder Vijay Shekhar Sharma says Paytm Mall's focus has been to empower shopkeepers compared to other e-commerce players who are proxy retailers themselves

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Best of BS Opinion: Have our institutions responded adequately to frauds?

From trade trouble to future demographic shocks, here are the best of Business Standard Opinions for the day

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MakeMyTrip offers consolidated holiday packages to cash in on long weekends

MakeMyTrip has designed 400 packages covering 80-100 destinations, across different price points

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Advent International to look for more number of deals, bigger investments

Last month, Advent closed its largest global fund called "GPE IX" at $17.5 billion

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Investors from Singapore and Cyprus may come under tax scrutiny in India

Last month, the Centre ratified the multilateral instrument (MLI) to prevent base erosion and profit shifting (BEPS)

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Tuesday, 16 July 2019

Trump admin mulls five-fold increase in merit-based immigration to 57%

At the direction of Trump, Kushner is leading the immigration reform project, which he said was now into its final stages and expects to make it public soon

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Rishad has new ways of thinking, experience and competence; will lead Wipro to greater heights, says Azim Premji

Azim Premji will pass the baton over to his son Rishad in July-end after leading the charge at the company for over five decades

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India-US ties at tipping point, must manage trade tensions urgently: Report

The report counsels that India and the United States redouble their efforts to go down a path of constructive engagement that can lead, in the short term, to a first ever bilateral trade agreement

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Govt to launch portal to help Jet Airways staff find jobs in other airlines

The Civil Aviation Ministry is in touch with other private airlines such as SpiceJet and IndiGo to assist Jet staff get meaningful employment.

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From Wipro results to Kulbhushan verdict, here are top events of the day

The International Court of Justice will pronounce the verdict on Kulbhushan Jadhav

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Market Ahead, July 17: All you need to know before the Opening Bell

Investors will track June quarter earnings and global cues in today's trading session.

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Rishad has new says of thinking, experience and competence; will lead Wipro to greater heights, says Azim Premji

Azim Premji will pass the baton over to his son Rishad in July-end after leading the charge at the company for over five decades

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Future Consumer eyes five Rs 1kcr food brands

Currently, FCL has one Rs 1000crore plus brand in the food segment, Golden Harvest. According to her, other four food brands that can achieve the distinction are: Tasty Treat, Karmiq, CleanMate and Dreamery. FCL has total 29 brands in its kitty.

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Madras HC allows jailed Saravana Bhavan founder to shift to private hospital

The petitioner would have to bear the cost of treatment, the bench said, adding the transfer and treatment would be subject to the compliance of conditions as per the prison manual.

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Mindtree shareholders approve Rs 20 per share special dividend; was proposed by IT firm promoters to celebrate revenue milestone

There were speculations that L&T, which acquired Mindtree in a hostile takeover, would oppose the proposal as it would strip over Rs 320 crore off the IT company's books.

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Future Consumer eyes five Rs 1kcr food brands

Currently, FCL has one Rs 1000crore plus brand in the food segment, Golden Harvest. According to her, other four food brands that can achieve the distinction are: Tasty Treat, Karmiq, CleanMate and Dreamery. FCL has total 29 brands in its kitty.

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Mindtree AGM: L&T CEO tells IT firm shareholders company will be operated 'at arm's length' from group's entities

L&T CEO and MD S N Subrahmanyan addressed the shareholders of Mindtree for the first time after the takeover on Tuesday

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BS Opinion: India aims for moon, but social outlook remains in dark ages

From DHFL crisis to gender bias in India, Business Standard brings to you opinions and views of experts across the globe

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Mumbai building collapse: Toll rises to 13, many feared trapped in rubble

Mumbai police has made lightning arrangements to carry out rescue operation in night

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Technical calls from HDFC Securities: Buy Biocon, Ultratech Cement

Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.

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France moves to tax digital giants, urges G7 to find international solution

France's new law aims to plug a taxation gap that has seen some internet heavyweights paying next to nothing in countries where they make huge profits as their legal base is in smaller EU states

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Mindtree AGM: L&T CEO tells IT firm shareholders company will be operated 'at arm's length' from group's entities

L&T CEO and MD S N Subrahmanyan addressed the shareholders of Mindtree for the first time after the takeover on Tuesday

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Emmy 2019: Game of Thrones breaks 'NYPD Blue' record with 32 nominations

The Marvelous Mrs. Maisel - Amazon's story of a 1950s housewife-turned-stand up comic -- was a distant second on 20 nominations

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Emmy 2019: Game of Thrones breaks 'NYPD Blue' record with 32 nominations

The Marvelous Mrs. Maisel - Amazon's story of a 1950s housewife-turned-stand up comic -- was a distant second on 20 nominations

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Top 10 biz headlines: IndiGo crisis, bond yield hits lowest level, and more

From IndiGo crisis to Jet Airways' resolution plan, Business Standard brings you the top 10 business stories that made news on Tuesday

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MARKET LIVE: Markets, Sensex, Nifty, Trump, YES Bank, Wipro, Mindtree, oil

Catch all the live market updates here

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Hong Kong protests have residents plotting their exit to Canada, Australia

In Canada, the surge in migration inquiries is reminiscent of the late 1990s in the run up to the handover of Hong Kong to China

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If not quashed, Essar Steel ruling can unravel India's insolvency reform

The ruling can make credit costs for India Inc. surge, shares of state-run banks swoon and foreign investors flee

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Monday, 15 July 2019

Democrats condemn Trump's tweet against four women lawmakers as 'racist'

Congresswomen held a news conference at the Capitol to denounce a tweet by Donald Trump

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Crypto a security threat, instrument for illicit activities: Trump admin

India, meanwhile, has throughout maintained that cryptocurrencies were illegal and it did not recognise such activities

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Top trading ideas by Anand Rathi: Buy GSPL, Apollo Hospitals

Top trading ideas by Jay Anand Thakkar ,CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

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I blame past presidents for allowing other nations to steal US jobs: Trump

Trump said that the US had been losing an estimated $800 billion a year to China

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Ride-hailing transactions fall behind food tech cos

Data from consultant management firm RedSeer Consulting shows that in May, daily transaction volumes of food tech were about 1.4x — at around 3 million — compared to the 2.1 million that ride-hailing platforms saw.

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Market Ahead, July 16: Top factors that are likely to guide markets today

Investors may react primarily to June quarter earnings, global cues, and stock-specific action in today's trading session.

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Sector watch: Are banks looking at a stable June 2019 quarter?

Experts see stability to return to the liquidity-crisis hit sector, but caution that the financial sector is not completely out of the woods yet

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Nivea plans customised India products

The brand, from German company Beiersdorf AG, hopes to grow faster in India than the industry in the next five years.

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Soap opera: Eye on Future, HUL launches laundry brand after 30 years

The new liquid detergent product from parent Unilever’s portfolio, Love Home and Planet, will be HUL’s fifth fabric wash brand, and is expected to be launched next month, said two officials aware of the development.

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IOC threatens to cut fuel supply to Air India for non-payment of bills; flight services likely to be partially hit

IOC has threatened to stop fuel supply at certain airports such Patna, Pune, Chandigarh, Cochin, Visakhapatnam and Ranchi

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Top trading ideas by Prabhudas Lilladher: Buy TCS, Maruti Suzuki India

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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Nifty outlook and top stock picks by Prabhudas Lilladher: Buy TCS, Maruti

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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Pak opens airspace for civilian traffic; Indian flights to operate soon

In India, the biggest pain was suffered by Air India that conducts various international flights from Delhi to Europe and the US

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India's decentralised renewables workforce to double by 2022-23: Report

This comes at a time when India is facing a 45-year high unemployment rate

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Govt considers splitting GAIL, to hive off pipeline business into a separate entity, sell it to strategic investor

GAIL is India's biggest natural gas marketing and trading firm and owns more than two-thirds of the country's 16,234-km pipeline network, giving it a stranglehold on the market.

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IGNOU Admission 2019: Know last registration date, steps to apply for IGNOU

IGNOU Admissions 2019: All eligible candidates can apply till July 31 on the official website ignou.ac.in or onlineadmission.ignou.ac.in

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Top events today: Jet Airways meet, Goyal to attend UK Conclave, and more

From Jet Airways meeting to SC hearing on reservation, here are some of the most important news events scheduled for today

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MARKET LIVE: Market, Sensex, Nifty, June earnings, DHFL, rupee, Mindtree

Catch all the live market updates here

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Why is India trying to kill off the industry of domestic hedge funds?

By contrast, equity investment in India by overseas financial investors is upward of $400 billion

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A $677 billion fund manager spots buy opportunity amid India sell-off

Aberdeen Standard Investments Ltd manages $676.8 billion as of end-March, globally

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Investors flee debt funds as credit quality slumps to lowest in 16 months

Cracks in the money market that started with IL&FS Group's default last year widened in June after mortgage lender Dewan Housing Finance Ltd. delayed debt payments

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Top 10 business headlines: Sovereign bond issue, IndiGo crisis, and more

From sovereign bond issue to Medanta's acquisition, Business Standard brings you the top headlines that made news on Monday

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Today's picks: From Gail to Infosys, hot stocks to watch on Tuesday

For Infosys keep a stop at 772 and go long. Add to the position between 787-780. Book profits at 782.

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Sunday, 14 July 2019

States with gender equality are doing better on new employment index

Andhra Pradesh, Maharashtra and Chhattisgarh lead Indian states on the quality and quantity of jobs they provide to their people

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Deutsche Bank's 18,000 job cuts tip of the iceberg for the finance industry

The so-called fintech revolution, where outsiders are taking over the traditional activities of established players (like payments, lending, depository) is the pinnacle of a new financial order

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USFDA found birds flying in warehouse, lack of toilet paper at United Breweries plant

The company is the leader in beer category in India with more than 50 per cent share of the market.

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After China, Nike supplier Eclat to exit Vietnam as trade war heats up

The company instead will invest in new facilities in Southeast Asian nations such as Indonesia or Cambodia

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The car industry is actually reinventing the wheel to keep up with robocars

Yet it's more than just tires that are being changed. Auto firms are putting semiconductors and sensors inside headlights, glass and seats to make them as intelligent as the cars driving themselves

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Less support from women in space exploration? Time to change perception

Women have been historically excluded from the space program

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USFDA found birds flying in warehouse, lack of toilet paper at United Breweries plant

The company is the leader in beer category in India with more than 50 per cent share of the market.

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Swiggy in talks with South Korean funds to raise up to $500 million

The round is learnt to be led by Swiggy’s largest investor, South African internet giant Naspers. The exercise is expected to value the company at around $4 billion.

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TCS vs Infosys: While Tata's gem dazzled in net profit, Bengaluru firm did well on revenue front; Q1 analysis in 6 charts

In the June quarter, on net profit front both IT majors have beat analysts' estimates while on the operating profit margin front, there were some disappointmentsv

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OTET 2019: Application forms available from today on bseodisha.nic.in

The OTET 2019 Application forms will be released in the online mode. Here's all you need to know

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Stocks to watch: DHFL, Infosys, Tata Metaliks, Reliance Home Finance, BHEL

Here's a look at some of the counters which are likely to trade actively on Monday.

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Space travel was a dream for artists long before Armstrong stepped on moon

For centuries, the dream of human travel into the cosmos has fired imaginations

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Market Ahead, July 15: All you need to know before the Opening Bell

Bajaj Consumer Care, Tata Metaliks, and Gujarat Hotels are among the eight companies set to declare their June quarter results today

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Boeing still working on 737 Max problems, grounding could stretch into 2020

Company executives, FAA engineers and regulators have expanded their safety analyses to cover a growing list of issues

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CCI calls meeting with restaurants’ body, EY to discuss ecommerce policy

The objective is to understand issues and trends in the context of growing ecommerce activities.

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Bihar UGEC Counselling 2019: Register today on bceceboard.bihar.gov.in

Bihar UGEC Counselling 2019: An applicant needs to have cleared the Joint Entrance Examination (JEE) Mains to be eligible

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Top trading ideas by Prabhudas Lilladher: Buy Hero MotoCorp, Sun Pharma

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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Top events today: DHFL shares set to tumble, Goa Monsoon Session, and more

From trial in Kathua gang rape and murder case to Goa Assembly monsoon session, here are some of the most important news events scheduled for today

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Nifty outlook and top stock picks by Angel Broking; Buy UBL, Jindal Steel

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd

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Housing lender DHFL fears it may not continue as a going concern; posts loss of Rs 2,223 cr in Q4

DHFL is in an advanced stage of submitting its resolution process under the inter-creditor agreement as entered into by banks.

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MARKET LIVE: SGX Nifty suggests negative start for benchmark indices

Catch all the live market updates here

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Higher tariff costs prompt manufacturers to move supply chains out of China

The moves by US companies add up to a reordering of global manufacturing supply chains as they prepare for an extended period of uneven trade relations

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Top 10 biz headlines: IndiGo crisis, balance sheet of India Inc, and more

From IndiGo promoters' spat to life insurance policies facing early death, Business Standard brings you top 10 business stories that made headlines on Sunday

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Key things to know about Chandrayaan 2: From mission aim to landing site

India will be the fourth nation apart from US, the former USSR and China to reach the moon.

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Office space leasing by co-working players rises 42% in Jan-Jun: Report

The report tracks residential and office markets of eight top cities -- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Pune and Ahmedabad

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Eligibility norms for PSU banks to pick pooled NBFC assets likely this week

To address the stress in the sector, Finance minister Nirmala Sitharaman in the Budget proposed that public sector banks would purchase high-rated pooled assets of financially sound NBFCs

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After India's objection, Pak removes Khalistani separatists from Sikh panel

India voiced concerns over the presence of Khalistani separatists in the committee and said it will wait for a response from Islamabad on the issue and will not go ahead with the meeting

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Sebi likely to summon board members, executives in IndiGo promoters' tussle

An official said the corporate affairs ministry would be seeking a "para-wise comments" from the company on Gangwal's complaint and would also be looking at the related party transactions

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Water, sanitation sector may attract Rs 6.3 trn investment in 5 yrs: Report

Government's new 'Nal se Jal' scheme, which aims to provide piped water connection to every household by 2024, will likely lead to a massive jump in the investment in water and sanitation

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ICC CWC 2019 final, Eng vs NZ Live scoreboard

ICC CWC 2019 final, Eng vs NZ Live scoreboard

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Water, sanitation sector may attract Rs 6.3 trn investment in 5 yrs: Report

Government's new 'Nal se Jal' scheme, which aims to provide piped water connection to every household by 2024, will likely lead to a massive jump in the investment in water and sanitation

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'Hell broke loose': Yashwant Sinha recalls time of India's nuclear test

Sinha recollects this incident in his autobiography Relentless, which is scheduled to be launched on Monday

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India, Pakistan begin second round of talks on Kartarpur corridor agreement

The corridor will connect Darbar Sahib in Pakistan's Kartarpur with Dera Baba Nanak shrine in Gurdaspur district and facilitate visa-free movement of Indian Sikh pilgrims

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Life insurers' new premium, led by LIC, jumps 94% to Rs 32,241 cr in June

The country's largest life insurer LIC, which is the only state-owned life insurance firm, witnessed more than two-fold rise in its new premium collection

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Navjot Singh Sidhu tweets letter of resignation as Punjab Cabinet Minister

Sidhu took to Twitter on Sunday, making public his resignation letter dated June 10 addressed to Congress President Rahul Gandhi

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Cannot recommend penalty changes in interconnect case: Trai official

Telecom regulator's penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each.

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Cannot recommend penalty changes in interconnect case: Trai official

Telecom regulator's penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each.

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Former Bangladesh military dictator Muhammad Ershad dies at 91

A former army chief, Ershad took over the state power in a bloodless coup in 1982 and subsequently ran the country for eight years until he was forced to quit in a pro-democracy mass upsurge in 1990

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ONGC in a fix as govt asks it to sell Gujarat golf courses with oil wells

Sources said the exercise identified only properties with real estate potential in prime cities while leaving out golf courses ONGC has in Ankleshwar in Gujarat and Rajahmundry in Andhra Pradesh

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Saturday, 13 July 2019

Chandrayaan 2 LIVE: Countdown underway for India's second moon mission

During the 20-hour countdown, the rocket and spacecraft's systems will undergo mutilple checks by Isro scientists at the Sriharikota base

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ICC CWC 2019 final, Eng vs NZ Live score: World to see new champion today

Head to head, New Zealand have an edge as they won 43 out of 90 matches while England have won 41. Check England vs New Zealand Live score, toss updates and match commentary here

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Top 10 business headlines: DHFL net loss, Infosys hiring target and more

From DHFL's Q1 numbers to Future Group's top official being held, here are the stories which made to the headlines on Saturday

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FPIs remain net buyers in July so far, infuse Rs 3,551 crore in markets

FPIs have been net buyers for the past five consecutive months

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How Camellia Panjabi remains a tireless champion of Indian restaurants

Camellia was the first to introduce street food in Indian restaurants and persuaded chefs to cook regional dishes at Tanjore that opened at the Bombay Taj in 1973.

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'Not a fan': Facebook's Libra under fire, from crypto community to Trump

Libra, which is widely regarded as a challenger to dominant global player Bitcoin, is expected to launch in the first half of 2020

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'Substantially impaired': The reason DHFL fears it may not survive

DHFL, one of India's largest housing finance companies, said it's 'undergoing substantial financial stress' and its ability to raise funds is 'substantially impaired'.

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Repair work on Taj Mahal's minaret to be completed by Sep 15: Official

Some stones are to be replaced and the black stone linings fixed, Archaeological Survey of India chief said

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AB InBev pulls Budweiser listing, cancelling year's largest IPO

AB InBev, the world's largest brewer, was aiming to sell as much as $9.8 billion in Budweiser stock to seek relief from its heavy debt burden. AB InBev shares ended trading in New York down 3%, as investors saw that prospect slipping away.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2LjyzkO
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AB InBev pulls Budweiser listing, cancelling year's largest IPO

AB InBev, the world's largest brewer, was aiming to sell as much as $9.8 billion in Budweiser stock to seek relief from its heavy debt burden. AB InBev shares ended trading in New York down 3%, as investors saw that prospect slipping away.

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Chandrayaan-2: A timeline of India's mission to the moon from 2003 to 2019

Take a look at India's moon mission journey from the launch of Chandrayaan-1 to Chandrayaan-2

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26 dead, 56 injured in suicide bombing and gun attack on Somali hotel

Among those killed are... foreign nationals three Kenyans, one Canadian, one British, two Americans, and three Tanzanians

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Pak army misadventures will be met with punitive response, warns Army chief

Addition of cyber and space domain has changed the battlefield scenario, the Army chief noted

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US vice president pays visit to packed migrant camp, deplores conditions

The men, who allegedly crossed the border illegally, were crammed into a space where there was not enough room for all of them to lie down on the concrete floor

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Goa cabinet rejig: Goa Deputy Speaker Michael Lobo resigns from post

Lobo submitted his resignation to Speaker Rajesh Patnekar at noon

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Friday, 12 July 2019

State Bank of India's Anshula Kant appointed World Bank managing director and CFO

Anshula Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President

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Arvind Subramanian criticises RBI over regulatory failures, says central bank's reports never mentioned possible IL&FS crisis

The cash-strapped IL&FS group is sitting on a debt of about Rs 94,000 crore.

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Karnataka crisis: Congress begins backchannel talks to win back rebel MLAs

Sources in JD(S) said Kumaraswamy is in direct talks with at least four Congress legislators, who have resigned, and was hopeful that they would withdraw their resignation

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Taiwan defends $2.2 bn US arms deal after China sanctions threat

The defense ministry said Saturday that US weapons help strengthen Taiwan's self-defense in the face of a growing military threat from China

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Days after 10 Cong MLAs joined BJP, Goa CM to reshuffle cabinet on Saturday

The chief minister Friday said that he had asked three GFP MLAs and Independent lawmaker to resign as he would be inducting four new ministers.

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Mueller testimony on Russia meddling investigation delayed by one week

Mueller was originally scheduled to appear before the committee on July 17

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NTA NET result 2019 declared on ntanet.nic.in: Steps to download marks

NTA NET Result 2019 declared on the official website ntanet.nic.in. Here are steps to download marks

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NDMC recruitment 2019: Apply for 32 audit officer posts before July 15

The circular along with the proforma can be downloaded from the NDMC website (www.ndmc.gov.in)

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UPSC Result 2019: Civil Services, IFS Prelims result out on upsc.gov.in

UPSC result 2019: UPSC Prelims 2019 and IFS Prelims result have been declared. Check details on official website upsc.gov.in. Here's all you need to know

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Just a tap on the wrist? Facebook $5 bn privacy settlement approved by FTC

Although details of the settlement with the US Federal Trade Commission weren't announced, the fine is steep but far from devastating for Facebook.

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Walmart reinforces commitment to support India's smallholder farmers

During a visit to Bichpuri village in Agra, McKenna spent time to meet and interact with farmers and Farmer Producer Organisations (FPOs) where she reiterated Walmart's commitment, the US-based retail major said in a statement.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/30FCpbR
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Walmart reinforces commitment to support India's smallholder farmers

During a visit to Bichpuri village in Agra, McKenna spent time to meet and interact with farmers and Farmer Producer Organisations (FPOs) where she reiterated Walmart's commitment, the US-based retail major said in a statement.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/30FCpbR
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ITC plans to open more stores in high footfall locations

During the company’s 108th annual general meeting, Puri said the stores will showcase the expanded range of ITC products and not contest with its sales channel.

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J&J faces U.S. criminal probe related to baby powder

The Bloomberg report said the grand jury was looking into documents related to what company officials knew about any carcinogens in their products.

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Top 10 biz headlines: IndiGo row, surcharge on FPIs, IIP growth, and more

From IndiGo promoters' feud to IIP data, here are the top 10 stories which made the headlines on Friday

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Thursday, 11 July 2019

Karnataka SSLC supplementary result 2019: Date, steps to get marks and more

Once declared, the Karnataka SSLC supplementary result will be available on kseeb.kar.nic.in and the results portal of Karnataka public examinations - karresults.nic.in

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