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PTI
December 3, 2020
I would think 2021-22 will be very big, good traction year for achieving a really good rate of growth that itself is going to be a launching pad for 4-5 years of growing at a good speed, provided we do enough on the budget and spend on infrastructure, said the Finance Minister


BusinessToday.In
December 3, 2020
According to ICRA's report, the domestic aviation industry from May 25, 2020, to October 31, 2020, witnessed a year-on-year (YoY) decline of about 73 per cent in its capacity


BusinessToday.In
December 3, 2020
On the sectoral front, the gains led by PSU banking, metals, media, and auto stocks were capped by losses in IT, private banks and financials


BusinessToday.In
December 3, 2020
Roshni Nadar Malhotra, who succeeds her father Shiv Nadar, was named India's richest woman with a fortune of Rs 54,850 crore


PTI
December 3, 2020
The decline in the GDP narrowed to 7.5% in the second quarter of this financial year, over 23.9% in April-June quarter


Chitranjan Kumar
December 3, 2020
In its 'Ecoscope' report released on Thursday, Motilal said the second wave of the COVID-19 pandemic, however, remains a valid risk


Anand Adhikari
December 3, 2020
Under Digital 2.0, there are also partnerships planned with technology companies and fintech players to offer seamless services


BusinessToday.In
December 3, 2020
The move will help PhonePe access long-term capital to fund its growing operations. Flipkart will remain the platform's majority shareholder


Reuters
December 3, 2020
The unit's former chief operating officer and chief financial officer, R. Venkatesh, disregarded corporate governance processes when dealing with UAP Advisors LLP, according to a June 28 filing in a case where he is challenging his dismissal


Manali
December 3, 2020
Paytm and China's Ant Group have categorically refuted reports of the latter considering a stake sale in the Indian payments startup


Aseem Thapliyal
December 3, 2020
Sensex rose 335 points to 44,953 against previous close of 44,618. Nifty too climbed 103 points to 13,216 against previous close of 13,113


BusinessToday.In
December 3, 2020
India Stock Market Highlights Today: Maruti Suzuki, Hindalco, Tata Steel and GAIL India were the top gainers on Nifty rising up to 3.62%. SBI Life Insurance, Infosys, Bharti Airtel and Axis Bank were the top losers falling up to 1.79% on Nifty


BusinessToday.In
December 3, 2020
Stocks to watch today on December 3: Wipro, Trident, Airtel, M&M, Ceat, MCX, Sun Pharma among others are the top stocks to watch out for in Thursday's trading session


Reuters
December 3, 2020
The S&P 500 posted 18 new 52-week highs and no new lows; the Nasdaq Composite recorded 89 new highs and 12 new lows


Nevin John
December 2, 2020
After the deal with Rolls-Royce, L&T CEO SN Subrahmanyan said, \"The divestment of Servowatch Systems is as per our stated goal of unlocking value within the existing business portfolio by divesting non-core units.\"


BusinessToday.In
December 2, 2020
Akshata Murthy reportedly owns shares worth GBP 480 million, which is roughly Rs 4,200 crore, in Narayana Murthy's tech company Infosys. Meanwhile, Queen Elizabeth's personal wealth is around GBP 350 million, roughly Rs 3,400 crore


Prasanna Mohanty
December 2, 2020
RBI panel's proposal to allow big corporates/industrial houses to own and run banks and NBFCs is contrary to RBI's own earlier stand, economic logic and historical evidence of multiple economic crises caused by reckless private financial sector players


BusinessToday.In
December 2, 2020
Mining giant Vedanta had on November 18 confirmed putting an expression of interest (EoI) to buy out the government's 52.98% stake in the Bharat Petroleum Corporation Ltd (BPCL)


PTI
December 2, 2020
All customers of erstwhile Corporation Bank have been successfully migrated to core banking solution (CBS) of Union Bank of India in a record time, it said in a release


Reuters
December 2, 2020
Indian start-ups are heavily funded by Chinese investors such as Alibaba and Tencent. Bankers have previously said they were looking to bolster their presence in the country with an aim to grow their revenue outside China.


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