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DATA STORY: Lowest single-day spike in tally since July 22, in toll since July 10

Business Standard - 10 hours 3 min ago
The count of active cases across India has seen a net reduction of 14437, compared with 12526 on Sunday. The total now stands at 653,717, the lowest active case tally since August 13
Categories: Business News

Yes Bank sheds DHFL bonds, raises Rs 500 crore from secondary market

MoneyControl Business News - 10 hours 15 min ago
Stressed loans would require Rs 1,300 core in the current year, Yes Bank MD Prashant Kumar said, adding that the bank has “adequate provisions” of Rs 1,900 crore for NPAs arising due to the pandemic
Categories: Business News

Future Group stocks under pressure as deal with Reliance put on hold

Business Standard - 10 hours 15 min ago
Reliance Industries, too, dipped 2 per cent on the BSE
Categories: Business News

Coronavirus cases in India mount to 7,909,959 with 45,148 new cases

Business Standard - 10 hours 21 min ago
Covid infections reported in India in a span of 24 hours dropped below 50,000 for the second time this month, while the new fatalities registered during the same period fell under 500 after 108 days
Categories: Business News

Mike Pompeo leaves for India to take part in India-US 2+2 dialogue

Business Standard - 10 hours 21 min ago
US Secretary of State Michael Pompeo has left for India for the third edition of the 2+2 ministerial dialogue to be held in New Delhi
Categories: Business News

Revenge travel picks up in India; resorts, hotels beat some COVID-19 blues

MoneyControl Business News - 10 hours 21 min ago
As people travel compulsively to beat lockdown boredom, resort properties see a surge in demand. Experts say during weekends, occupancy rates are as high as 80%. Jaipur, Goa, and Kochi top most popular leisure destinations.
Categories: Business News

Polycab shares rally 6% on strong operational performance in Q2

Business Standard - 10 hours 42 min ago
In Q2FY21, the company's Ebitda grew 16 per cent year on year at Rs 312 crore, and margin improved 272 basis points to 14.76 per cent over the previous year quarter
Categories: Business News

Sensex sheds over 150 points in early trade; Nifty below 11,900

Business News From Hindu - 10 hours 43 min ago
Reliance Industries was the top laggard in the Sensex pack, shedding around 2%, followed by Tata Steel, Bajaj Finance, Asian Paints, M&M, ICICI Bank and Bajaj Finserv.
Categories: Business News

Tech Mahindra slips over 2% after Q2 result; should you buy the stock?

Business Standard - 10 hours 46 min ago
The company, on Friday, reported a 5.3 per cent year-on-year (YoY) decline in its net profit at Rs 1,064 crore for the September quarter.
Categories: Business News

IPL 2020: KKR vs KXIP playing 11, squad, head to head, pitch report details

Business Standard - 10 hours 54 min ago
KXIP would have to defeat KKR if they have to realise its aim of getting a playoffs berth. Check KKR vs KXIP playing 11 probables, head to head and other match details here
Categories: Business News

Early Q2 earnings trends show good news

ET News - 10 hours 56 min ago
A sample of 232 companies that declared results for the September quarter reported 23.3 per cent year-on-year growth in the aggregate net profit, the highest in nine quarters.
Categories: Business News

Raymond to get out of FMCG

ET News - 10 hours 56 min ago
Over the past few years, Raymond has been deleveraging its balance sheet with asset monetisation and internal accruals. The company has brought down long-term borrowing ratio to total borrowings to 27% in 2019-20 from 51% in FY18, helped by land sale by its associate company.
Categories: Business News

Big consumer firms bet on growth, raise investments

ET News - 10 hours 56 min ago
After having been imposed on March 25, the lockdown has been eased in stages. Most companies have seen a steady improvement in demand since then, with rural areas performing better on the strength of good monsoon rain.
Categories: Business News

Morning Podcast: What may move your market today

ET News - 10 hours 56 min ago
Tune in! What's buzzing on Dalal Street this morning?
Categories: Business News

Yes Bank is trimming down, and how!

ET News - 10 hours 56 min ago
In the quarter ended September, the bank converted 35 rural branches into low-cost business correspondent centres which together with other measures like digitisation and renegotiating contracts with vendors helped in reducing total operating expenses by 21%, contributing to its profit. Kumar said such measures will continue.
Categories: Business News

If you want to retire rich, don’t leave too much to your children

ET News - 10 hours 56 min ago
Don’t be surprised if those retiring in 2035 need an extra 5 years or more of future income because of longevity alone. Where will that money come from in a low-yield environment?
Categories: Business News

US insists on need to ban TikTok

ET News - 10 hours 56 min ago
The filing comes as the court considers the legality of the administration's bid to make the Chinese-owned app unavailable in the United States, where it has 100 million users.
Categories: Business News

Donald Trump intensifies fracking assault on Joe Biden in Pennsylvania

ET News - 10 hours 56 min ago
Trump's fracking play comes as polls show the president is struggling to overtake Biden in Pennsylvania and is in need of a boost from the rural and exurban white voters who helped him to a narrow victory in Pennsylvania in 2016.
Categories: Business News

Early vote total exceeds 2016; GOP chips at Dems' advantage

ET News - 10 hours 56 min ago
Trump's campaign has been pushing its voters to cast ballots early, but with limited success, delighting Democrats.
Categories: Business News

Israeli cabinet ratifies deal on ties with UAE

ET News - 10 hours 56 min ago
The government's weekly cabinet meeting also endorsed sending an agreement on establishing diplomatic relations with Bahrain to parliament for its go ahead, the statement further said.
Categories: Business News