News

Reliance Mutual Fund renamed as Nippon India Mutual Fund

ET News - Tue, 01/21/2020 - 22:57
Nippon India Mutual Fund becomes the largest foreign-owned AMC in India.
Categories: Business News

Alfa raises delisting price to Rs 2,850 a share

ET News - Tue, 01/21/2020 - 22:57
Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.
Categories: Business News

DB Realty, Unitech stocks rose

ET News - Tue, 01/21/2020 - 22:57
The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.
Categories: Business News

Fitch withdraws Reliance Capital ratings

ET News - Tue, 01/21/2020 - 22:57
Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.
Categories: Business News

'Discoms' poor fin health poses risks for traders'

ET News - Tue, 01/21/2020 - 22:57
The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.
Categories: Business News

Cigarette cos shares outperform benchmark Sensex

ET News - Tue, 01/21/2020 - 22:57
Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.
Categories: Business News

Lovable Lingerie's dream run on as traders lap it up

ET News - Tue, 01/21/2020 - 22:57
Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.
Categories: Business News

GM's Cruise unit unveils driverless vehicle for ride-sharing service

Reuters Business News - Tue, 01/21/2020 - 22:40
General Motors Co's self-driving car unit, Cruise, on Tuesday unveiled an electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service, but did not say when it would go into production.
Categories: Business News

Trump again offers to 'help' resolve Kashmir issue, meets Pak PM in Davos

Business Standard - Tue, 01/21/2020 - 22:40
President Trump has repeatedly offered to mediate following India's August 5 decision to revoke the special status to Jammu and Kashmir and bifurcate the state into two Union Territories
Categories: Business News

In a first for a US carmaker, Tesla crosses $100 bn stock market valuation

Business Standard - Tue, 01/21/2020 - 22:38
Tesla's market value also puts Musk a step closer to earning the first $346 million tranche of options in a record-breaking pay package
Categories: Business News

Array Networks eyes $1 mn biz with #39;Make in India#39; testing product

MoneyControl Business News - Tue, 01/21/2020 - 22:37
The company aims to rake in USD 1 million (about Rs 7 crore) business from the product in the Asia Pacific region (APAC), Array Networks Vice President (International Sales) Shibu Paul said.
Categories: Business News

Toyota to recall 3.4 million vehicles worldwide over air bag risks

Business Standard - Tue, 01/21/2020 - 22:35
WASHINGTON (Reuters) - Toyota Motor Corp <7203.T> said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes.
Categories: Business News

At 2%, South Korea sees slowest annual GDP growth since financial crisis

Business Standard - Tue, 01/21/2020 - 22:35
The slowdown seen last year comes as President Moon Jae-in's administration boosts fiscal spending and as the Bank of Korea mulls further stimulus to shield the economy from the global slowdown
Categories: Business News

Federal Bank – Navigating troubled waters well

MoneyControl Business News - Tue, 01/21/2020 - 22:33
We recommend investors to gradually build position in the stock, which is likely to be one of the quality survivors in the banking sector crisis.
Categories: Business News

China stocks tumble on virus outbreak, but regional markets steady

Reuters Business News - Tue, 01/21/2020 - 22:14
Asian stock markets bounced on Wednesday as China's response to a virus outbreak tempered fears of a global pandemic, although Shanghai shares slipped amid worries about a hit to domestic demand and tourism.
Categories: Business News

GM's Cruise unveils Origin, an electric car sans steering wheel, pedals

Business Standard - Tue, 01/21/2020 - 22:14
Cruise's Chief Executive Officer, Dan Ammann, said the boxy vehicle with sliding doors will be used for the company's own ride-hailing service
Categories: Business News

Netflix forecasts tough start to 2020; Disney+ going global

Reuters Business News - Tue, 01/21/2020 - 22:12
Netflix Inc has entered a new year that will be far tougher than the one it left behind.
Categories: Business News

Stocks to watch: L&T, Asian Paints, Axis Bank, ZEEL, Bharti Airtel, Havells

Business Standard - Tue, 01/21/2020 - 22:04
Here's a look at the top stocks that may remain in focus today
Categories: Business News

Amazon founder Bezos's phone 'hacked by Saudi crown prince' in 2018: Report

Business Standard - Tue, 01/21/2020 - 22:03
According to The Guardian, a digital forensic analysis revealed that the encrypted message from the number used by Mohammed bin Salman included a malicious file that infiltrated his phone
Categories: Business News

Foxconn tells Wuhan employees in Taiwan for Lunar New Year to stay home

Reuters Business News - Tue, 01/21/2020 - 21:54
Foxconn , a key supplier to Apple , has asked employees from its Wuhan plant in China who are in Taiwan for the Lunar New Year holidays to stay back given the new coronavirus outbreak in the city.
Categories: Business News