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Signal app faces global outage days after adding millions of users
Only discoms allowed to install rooftop solar plants: Centre
Indian economy still 'weak', credit growth bottoming out: BofA Securities
COVID-19 vaccination drive: PM Modi to kickstart rollout at 10:30am; here's a lowdown of the process
GDP may shrink 7.5% this fiscal; policy reforms imperative, says former CEA Arvind Virmani
CORPORATE
Mahindra Group expresses interest to secure COVID-19 vaccines for employees
DHFL resolution: Lenders back Piramal's bid
L&T Finance Holdings Q3 profit halves to Rs 291 crore
Will Vedanta's open offer be a precursor to delisting?
Q3FY21 earnings preview: Nifty50 firms to report 20% jump in net profits
MARKETS
Investors lose Rs 2.33 lakh crore as Sensex, Nifty suffer worst fall in four weeks
Sensex closes 549 points lower, Nifty at 14,433; banking, IT stocks lead losses
PVR stock rises 3% post Q3 earnings
Trident stock rises 4% as firm receives patent from Europe
HCL Technologies share falls 2% despite strong Q3 earnings
MONEY
BT Insight: How to save long-term capital gains on equity mutual funds
IRDAI asks insurers to forge agreements on COVID-19 treatment rates
BT Buzz: How to vaccinate against Bitcoin fever
Life insurance sector's new premium biz falls 3% in Dec
MF investors pull out over Rs 16,000 crore from equity, hybrid schemes in Dec
INDUSTRY
COVID-19 vaccination: 23 elderly people dead after Pfizer shot in Norway
Only discoms allowed to install rooftop solar plants: Centre
Scrappage policy likely to get govt approval soon: Nitin Gadkari
Higher job losses among young workers not good for economic recovery: CMIE
HCL Tech to hire 20,000 people in next 4-6 months: CEO Vijayakumar
TECH
Signal app faces global outage days after adding millions of users
WhatsApp delays new privacy policy after backlash
Signal users globally experiencing issues, company working on a fix
Oppo A12 now reportedly costs Rs 500 less in India, here are new prices
Apple to bring back new chipsets, old magnetic charger to MacBook Pro
OPINION
After a rollercoaster 2020, what should you focus on in 2021?
Three key issues Budget 2021 should focus on
Rebooting Economy 58: The untold story of India's services sector
Rebooting Economy 57: When and how will industry take India to next level of growth?
5 trends shaping the growth of luxury housing in India
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New projects announced reduce 65% in December quarter
Disease X: The unknown threat that can trigger the 'next pandemic'
Auto sales see 11% YoY growth in December 2020
Budget 2021: Frequently-used financial terms you need to know
Retail Inflation falls to 4.6% in Dec from 6.9% in Nov 2020
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Biden announces $1.9 trillion stimulus; Passenger vehicle sales surge in Dec
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Countdown begins for COVID vaccination , PM to inaugurate
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PC sales surge in 2020; Trump impeached over US Capitol siege
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Amazon accuses Future Group of insider trading to block Reliance deal
Reuters
November 11, 2020
The U.S. giant has been pressing the Securities and Exchange Board of India (SEBI) to review Reliance's August deal to buy retail, logistics and other assets from Future Group for $3.4 billion including debt
FM on taxing digital firms; Indian-American to lead US COVID taskforce
BusinessToday.In
New Delhi, November 10, 2020
Amid ongoing efforts to address tax challenges arising from digitalisation of the economy, Finance Minister Nirmala Sitharaman on Monday said that a consensus solution is required to ensure fairness and sustainability of tax systems; Tanishq has withdrawn another ad from Twitter after it ruffled feathers; President-elect Joe Biden is set to announce a COVID-19 task force, with former Surgeon General Vivek Murthy poised to lead the team. Watch this and more on News Blast.Also Read: -70 degree C storage: The big problem with Pfizer, BioNTech vaccine
PM Modi asks people to buy local products this festive season
Shailendra Shukla
New Delhi, November 10, 2020
Wipro employees to get single digit pay hike effective December 1 IT major Wipro will offer a single digit salary hike as well as promotions to its high quality performers effective December 1. Pay hike and promotions will be rewarded to employees in bands up to B3 account, who constitute about 80 per cent of the company's total workforce. The company is yet to take a decision on offering salary increments to senior employees above B3 band. Tanishq withdraws another Diwali ad after Twitte...
Google under CCI lens; regulator orders probe against Google Pay
BusinessToday.In
November 10, 2020
Google said the CCI would find that GPay operates in an extremely competitive environment and owes its success to its ability to offer consumers a simple and secure payments experience
'Consensus to play key role': FM on taxing digital firms like Google, Facebook
BusinessToday.In
November 9, 2020
\"A consensus solution will play an important role in ensuring fairness, equity and sustainability of tax systems,\" FM Sitharaman said while addressing the BRICS meeting
Lupin hit by cyberattack; threat increases for pharma firms amid COVID-19
BusinessToday.In
November 7, 2020
Recently, Indian pharma companies are witnessing rampant cyber threats as they are delivering affordable medicines on a large scale amid the coronavirus pandemic
Avtar launches exclusive job portal for LGBTQ community, army veterans
Sonal Khetarpal
November 6, 2020
Diversity hiring firm Avtar on Friday launched a job portal myAvtar.com for women, LGBTQ community, people with disabilities and army veterans
Haryana jobs reservation 'ill-informed', harms ease of doing business
Sonal Khetarpal
November 6, 2020
This move seems to arise from the government's inability to create jobs so it is using its power to enact and make regulations, says K.R. Shyam Sundar, labour economist, and professor at XLRI Jamshedpur
Indo-China relations: 4 ways India can neutralise economic dependence on China
Professor Himanshu Rai
November 5, 2020
The government can make it mandatory for new Chinese entrants to have a joint venture with an Indian firm as a partner, should they choose to start a business in India, a similar policy is followed by China
No salary hike for 14% firms next year
Sonal Khetarpal
November 4, 2020
The industries looking to provide the highest salary increases are high technology (Hi-Tech), information technology (IT), IT-enabled Services (ITeS), life sciences, e-commerce, chemicals and professional services
New age firms roll back salary cuts; Gopinath bats for fiscal stimulus
BusinessToday.In
New Delhi, November 4, 2020
Service firms and new age companies such as MakeMyTrip, Droom and BookMyShow are restoring the compensation of their employees to the original level; Future Retail has filed an urgent caveat petition before the Delhi High Court in anticipation of legal action by Amazon against its deal with Reliance Industries; Gita Gopinath, chief economist of the International Monetary Fund (IMF), has pitched for fiscal stimulus to mitigate the economic impact of coronavirus crisis. Watch this and more on News Blast.Also Read: Why IT stocks are on fire ahead of US Presidential election results
Services sector activity expands for first time in 8 months in October
Reuters
November 4, 2020
The findings, coupled with a similar survey on Monday which found Indian manufacturing growth expanded at its fastest pace in over a decade, suggest a recovery in Asia's third-largest economy is under way
Why IT stocks are on fire ahead of US presidential election results
BusinessToday.In
November 4, 2020
BSE IT index jumped 799 points intra day to 21,688 against previous close of 20,889
Economic data pointing towards rebound, says FM Nirmala Sitharaman
Shailendra Shukla
New Delhi, November 4, 2020
IMF's Gita Gopinath bats for fiscal stimulus to revive global economiesGita Gopinath, chief economist of the International Monetary Fund (IMF), has pitched for fiscal stimulus to mitigate the economic impact of coronavirus crisis, citing the pandemic has pushed the global economy in a liquidity trap. Gopinath highlighted that central banks across the world have taken strong measures to improve liquidity situation and have brought down policy interest rates aggressively, leaving little space ...
Sensex reclaims 40K mark, Nifty ends above 11,800: Five factors behind the rally
Rupa Burman Roy
November 3, 2020
Banking, finance sectors stocks were in heavy demand today after the Supreme Court said it would hear the loan moratorium on Nov 5, which many believe will be in the favour of banks
YES Bank share rises after 6 days, here's why
BusinessToday.In
November 3, 2020
Share price of the private sector lender has declined 4% in one week, 7% in one month and 73% since the beginning of the year. YES Bank stock is trading lower than 5, 20, 50, 100 and 200-day moving averages
Tweedledum and Tweedledee of economic recovery; Where it's working - where it's not
Rajeev Dubey
November 3, 2020
This is an economy of contradictions: Micro economy is seeing signs of life while macro economy is in cold storage; stock markets divorced from the shrinking real economy; rural India is doing way better than urban India
India Inc business sentiment improves, but fresh investments unlikely
Joe C Mathew
November 2, 2020
NCAER Business Expectations Survey indicated that the proportion of respondents expecting that 'overall economic conditions will improve in the next six months' rose from 17.1 per cent in Q1:2020-21 to 29.8 per cent in Q2:2020-21
Only 26 Indian companies in top 2500 global R&D spenders
PB Jayakumar
November 2, 2020
The engineering and R&D market in India are estimated to grow at a compounded annual growth rate (CAGR) of 14 per cent to reach $42 billion by 2020
Rs 1.2 lakh crore investor wealth wiped out as RIL share falls most in seven months
Aseem Thapliyal
November 2, 2020
Market cap of Reliance Industries ended at Rs 12.69 lakh crore, a fall of Rs 1.2 lakh crore from Friday's close of Rs 13.89 lakh crore
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Signal app faces global outage days after adding millions of users
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