- SC orders Army reform: Change mindset, give women equal role
- In J&K, police invoke stringent UAPA in FIR against social media use
- After Wuhan, 406 are out of quarantine camp in Delhi: Homely, touched hearts
- Before he quit, Lokpal judge sent 3 letters to chief on lack of work, and gaps in processes
- SC sends mediators to Shaheen Bagh: People have right to protest
- British MP who slammed Govt on Article 370 sent back from Delhi airport
- India in New Zealand: Pujara’s batting playbook
- Sheena Bora murder probe: ‘Senior cop knew Mukerjeas, didn’t disclose early on’
Sensex, Nifty clock fourth successive loss; AGR woes hit telecom, financial stocks
At the closing bell, the BSE Sensex was down 161.31 points or 0.39 per cent at 40,894.38. In intra-day, It fell over 444 points and touched the day's low of 40,610.95.
Barbeque Nation files IPO papers to raise Rs 1,000-1,200 crore
Barbeque Nation Hospitality owns and operates Barbeque Nation Restaurants, currently operating at 138 outlets across India and 7 outlets in the UAE, Oman and Malaysia.
HSBC net profit falls 53%, bank to sell assets in overhaul
London-based HSBC, whose profit is mainly from Asia, said Tuesday that it plans to revamp its US and European business and shed $100 billion in assets to improve its profitability.
Nissan’s new CEO says willing to be fired if no turnaround
Makoto Uchida, who took over the top job in December, put his job on the line at Nissan's shareholders' meeting, where he faced demands ranging from cutting executive pay to offering a bounty to bring Carlos Ghosn back to Japan after he fled to Lebanon.
Vodafone Idea shares tank over 16% on ratings downgrade by Care Ratings
The rating on long term bank facilities and non-convertible debentures of Vodafone Idea (VIL) has been revised to 'BB-' from 'BBB-', Care Ratings said.
Third to 25th: China’s aviation market shrinks to smaller than Portugal’s due to COVID-19
Many airlines have suspended flights to China in an effort to contain the coronavirus, which has killed nearly 1,900 people in the country and infected more than 72,000.
Sensex down over 245 points in opening deals in line with Asian peers
The NSE gauge Nifty fell about 75 points to trade at 11,971 in early trade.
Asian stocks fall after Apple warns on coronavirus impact
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.65% while Tokyo's Nikkei slid 1.0%.
OYO net loss widens to $335 mn in FY19, revenue rises five-fold
Consolidated revenues grew nearly 5 times year-on-year to $951 million in FY19. Revenues stood at about $211 million in FY18, OYO said.
Recovery ‘shallow’: Moody’s slash India’s 2020 growth forecast to 5.4% from 6.6%
Moody’s — which estimated that India’s GDP grew 5 per cent in 2019 — had, in November 2019, projected growth in 2020 and 2021 at 6.6 per cent and 6.7 per cent, respectively.
Google to stop ‘Station’ WiFi project; points to cheaper, more accessible data and infra challenges
In India, the Station programme was a part of Google’s broader vision of bringing on the “next billion users” online.
‘Sebi to come out with circular to prevent Karvy-like incidents’
The board of Securities and Exchange Board of India decided to allow live testing of new products, services and business models by market players on select customers.
NCLAT grants immunity from ED probe to JSW Steel, Bhushan Power
The probe against Bhushan Power’s erstwhile promoters, however, will continue.
Airtel, Voda Idea, Tata Tele pay part of AGR dues; boards huddle to chalk out strategy
On Monday, Bharti Airtel was the first one to inform the exchanges that it had made a payment of Rs 10,000 crore to the DoT.
RIL consolidates media, distribution businesses into Network18 umbrella
Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into Network18 Media & Investments
JSW Energy to acquire GMR’s Odisha thermal plant for Rs 5.3K crore
After the acquisition, JSW Energy’s installed power generation capacity would reach 5,609 MW.
Airtel, Voda Idea make part payment; DoT mulls encashing bank guarantees
In a related development, the telecom companies started disputing the DoT estimate of the due amount and indicated they will pay as per their 'self-assessment'.
Coronavirus epidemic: Paracetamol prices up by 40% in India
The coronavirus, which has killed more than 1,000 people and stoked fears of a broader slowdown in China, has disrupted global supply lines after factories there slowed production and people were restricted from moving in and out of the country.
Govt must continue reforms; green shoots of recovery need to sustain: RBI Guv Shaktikanta Das
While Finance Minister Nirmala Sitharaman's Budget for 2020-21 and recent steps have created a facilitating eco-system for reviving demand and consumption, it is necessary to undertake land and labour reforms, bring efficiencies in Agri marketing and focus on skill development, he said.
SBI Cards gets Sebi’s go ahead to float IPO
SBI holds 76 per cent in SBI Cards and rest of the stake is held by Carlyle Group. According to market sources, the IPO size could be estimated at more than Rs 6,000 crore.
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