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BusinessToday.In
May 13, 2021
As per the list of Holidays 2021 available on BSE, Indian stock market will remain closed for 13 days. There are six more stock market holidays left this year after today's holiday.


BusinessToday.In
May 13, 2021
Delhi Crime Branch believes Navneet Kalra is in Delhi and they are on the lookout for the businessman


BusinessToday.In
May 13, 2021
Vitalik has also donated to the Covid relief fund in the form of Etherum, his own cryptocurrency. Currently, India is badly hit by the second wave of the coronavirus pandemic


Reuters
May 13, 2021
A spate of downgrades last year had already left India's investment grade credit ratings hanging by a thread and the severity of the current virus wave is making S&P, Moody's and Fitch agitated again


BusinessToday.In
May 13, 2021
On a quarterly basis, net profit rose 18.15% in last quarter to Rs 460 crore against Rs 389 crore in the corresponding period of previous fiscal


PTI
May 13, 2021
The company, which is a part of Eicher Motors, would utilise the shutdown to undertake maintenance activity at its manufacturing plants


Manas Tiwari
New Delhi, May 13, 2021
My first thought was that probably the Redmi Note 10S was not needed at all. But, it does come with few changes when compared to the Redmi Note 10.


India Today Tech
New Delhi, May 13, 2021
Xiaomi has introduced its new and first Redmi smartwatch in India. The electronics maker had launched Mi Watch Revolve last year as its first ever smartwatch in the country.


Sarthak Dogra
Noida, May 13, 2021
Asus ROG has introduced Zephyrus S17 and Zephyrus M16 as the latest addition to its gaming laptop lineup. Both the laptops are powered by Intel Core 11th Gen H-series processors and come with intelligent cooling systems.


BusinessToday.In
May 13, 2021
The curbs will be in place till 7 am on June 1. The state government has also made a negative RT-PCR report compulsory for people entering the state, Chief Secretary Sitaram Kunte said in an order issued on Thursday, May 13


BusinessToday.In
May 13, 2021
99 of the 100 most vulnerable cities are in Asia, as per the report released on Thursday, May 13. Of those, 43 are in India and 37 in China


Anand Adhikari
New Delhi, May 13, 2021
The government and LIC have taken a decision to offload the equity stake in the development financial institution turned IDBI Bank to a strategic investor. But the big question is at what price the stake will be sold to a strategic investor. At the current valuations, the bank will be sold at a dirt-cheap price.  In fact, the sale should be based on the forward-looking parameters, which are very encouraging for the bank. The bank has witnessed a turnaround with the first-ever profits in the last five years. It has completely shifted from a corporate bank to a retail bank, which is much secured in terms of asset quality. The LIC-IDBI Combo offers a huge opportunity to cross-sell as the insurance giants have crores of customers.  And finally, the new buyer has to pay a control premium for acquiring a large stake and also a banking license, which is difficult to get as there are many aspirants. Anand Adikari, Executive Edtior, Business Today looks at the valuation issues surrounding the stake sale. Also Read : E-investingWatch More: How to make ARCs more effective to manage post-Covid NPAs  


BusinessToday.In
May 13, 2021
State Minister CV Ganesan said strict action will be taken against factories and companies that don't take steps to control accidents 


BusinessToday.In
May 13, 2021
Production of all drugs, including Remdesivir, has been ramped up significantly in last few weeks. Officials informed PM the supply of oxygen is now more than 3 times supply during peak of first wave. He also reviewed status of procurement of oxygen concentrators, oxygen cylinders, and PSA plants


BusinessToday.In
May 13, 2021
The scheme is directed toward cutting import dependence and promoting electric vehicle (EV) adoption


BusinessToday.In
May 13, 2021
Hyderabad-based Bharat Biotech had proposed to carry out a Phase-II/III clinical trial of Covaxin in the age group of 2 to 18 years. The trial will be conducted in 525 healthy volunteers


PTI
May 13, 2021
In a letter to Chief Minister Uddhav Thackeray, the BJP leader said at least 12 states in the country have recognised journalists and camerapersons as frontline workers and vaccinated them


Reuters
May 13, 2021
DeGeneres, 63, told her virtual audience that the show had been \"the greatest experience of my life\" and thanked her fans for watching. But she said she needed \"to take a break from talking\"


BusinessToday.In
May 13, 2021
There are currently a total of 37,10,525 active cases in the country comprising 15.65% of the total infections. As many as 17,72,14,256 doses of coronavirus vaccines have been administered across the country so far


Shubham Verma
May 13, 2021
Realme will launch the new Narzo 30 series phone later this month but it will not be in India.


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