Business News, Finance News, Market News, Stock News, BSE, NSE, Nifty - The Hindu

File photo of the outside of BSE building. Only for representational purposes.

Today's top business news: Stocks tank on weak global cues, Bharti Airtel soars as losses narrow, David Einhorn bets against tech stocks, and more

The Hindu Net Desk Updates from the world of economy, markets, and finance

Oct 22 incident involved a ransomware attack: Dr. Reddy’s

N. RAVI KUMAR Dr. Reddy’s Laboratories on Wednesday said the cyber attack it had detected on last week involved a ransomware attack.“We experienced an information

CAIT wrote to Commerce Minister Piyush Goyal, urging him to prohibit Aditya Birla Fashion and Retail Ltd. from directly or indirectly selling its inventory on the marketplace platforms of Flipkart Group.

Flipkart-Aditya Birla Fashion proposed deal violates FDI policy: CAIT

PTI CAIT said the present FDI policy clearly prohibits a foreign company to venture in any form of multi-brand retail trading including through e-commerce by having any equity interests in the sellers.

Photo for representation.

Cognizant names Rajesh Nambiar as Chairman and Managing Director of India

Special Correspondent Nasdaq-listed IT firm Cognizant has appointed Rajesh Nambiar as the Chairman and Managing Director of India and a member of Cognizant’s Executive

The announcement comes almost a month after Harley-Davidson Inc. announced that it will discontinue sales and manufacturing operations in the country.

Hero MotoCorp and Harley Davidson to partner for Indian market

Lisa Su, president and CEO of AMD, giving a keynote address during the 2019 CES in Las Vegas, Nevada, United States.

AMD to buy Xilinx in all-stock deal valued at $35 billion

Tata Motors loss widens to ₹314 cr. on CV decline

Ankhi Das. File

Ankhi Das quits Facebook

“All lending institutions are advised to be guided by the provisions of the Scheme and take necessary action within the stipulated timeline,” the RBI said in a notification.

RBI asks lending institutions to implement waiver of interest on interest scheme

PTI On October 23, the government had announced the scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts

Airtel. File Image.

Bharti Airtel losses narrow to ₹763 crore in Sept quarter; revenue zoom 22%

Special Correspondent The net loss (before exceptional items) for Q2 FY21 was at ₹744 crore, while loss (after exceptional items) stood at ₹763 crore

Opinion & Analysis

See All

PARLEY | Comment

Parley: Does the Budget do enough in providing a stimulus to growth?

Suresh Seshadri By not cutting spending despite constraints, the Budget ensures momentum doesn’t backslide

A government that is clueless on the economy

Pulapre Balakrishnan Listening to the Budget speech, one would hardly get any indication of either the economic slowdown or the unemployment rate, which is the highest in decades

A Budget exercise that is designed for stressed times

T.T. Ram Mohan The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms

Markets

See All

Reforms in IPO rules, development of corporoate bond market discussed with U.S. investors: SEBI

PTI SEBI chairman Ajay Tyagi had an e-interaction with various stakeholders including industry and investor associations from the U.S.

5hrs

Photo for representation.

Sensex plunges 600 points; Nifty cracks below 11,750

PTI IndusInd Bank was the top loser in the Sensex pack.

6hrs

Economy

See All

Finance Minister Nirmala Sitharaman. File

FM sees GDP growth in negative zone or near zero in current fiscal

PTI This is primarily because of a huge 23.9% contraction in the economy in the first quarter of current fiscal (April-June), she said.

The Supreme Court of India. File

Loan moratorium | Centre informs SC it will repay additional interest by November 5

Krishnadas Rajagopal All lending institutions will credit the difference between compound interest and simple interest on loans to eligible borrowers for the period between March 1 and August 31.

Industry

Other Articles

First
Prev
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Next
Last

‘Financial conditions better now’

Wipro to acquire Chennai firm Encore Theme

Industry campaign to give sugar an image makeover

ISMA launches portal

Infosys says it is now carbon neutral

Tata Elxsi opens GEC in Pune

Lockdown moratorium | Outstanding till February 29 qualify for interest relief

The lending institutions have been asked to complete the exercise of crediting the amount in the accounts of borrowers by November 5.

Reforms in IPO rules, development of corporoate bond market discussed with U.S. investors: SEBI

SEBI chairman Ajay Tyagi had an e-interaction with various stakeholders including industry and investor associations from the U.S.

Watch | All about China's digital yuan

The largest such trial to date in the world's second-largest economy had been hailed by analysts as a step forward for Beijing as it chases what has become a Holy grail among the world's central banks - the first central bank digital currency.

Sensex plunges 600 points; Nifty cracks below 11,750

IndusInd Bank was the top loser in the Sensex pack.

Oct 22 incident involved a ransomware attack: Dr. Reddy’s

Dr. Reddy’s Laboratories on Wednesday said the cyber attack it had detected on last week involved a ransomware attack.“We experienced an information

Harley-Davidson unveils electric bicycle ‘Serial 1’, to be available in March 2021

The brand’s Serial 1 name comes from “Serial Number One”, nickname of Harley-Davidson’s oldest known motorcycle.

Rupee settles 16 paise lower at 73.87 against US dollar

In a volatile trading session, the domestic unit witnessed an intra-day high of 73.64.

TikTok leans into e-commerce with Shopify deal

Canadian e-commerce platform Shopify said on Tuesday it’s made a deal with TikTok enabling merchants to create shoppable video ads that drive customers to online stores

Sensex, Nifty start on choppy note; Bharti Airtel soars 10%

Bharti Airtel’s cConsolidated revenue rose 22% to ₹25,785 crore in the September quarter while net loss narrowed to ₹763 crore.

Rupee inches 6 paise higher to 73.65 against U.S. dollar in early trade

The dollar index rose 0.16% to 93.09.

In a first, Debt Recovery Tribunal in Chennai admits insolvency plea against personal guarantor

Experts are of the view that the personal insolvency process under Insolvency and Bankruptcy Code, 2016 is likely to have strict timelines to be followed, unlike earlier regimes.

Flipkart-Aditya Birla Fashion proposed deal violates FDI policy: CAIT

CAIT said the present FDI policy clearly prohibits a foreign company to venture in any form of multi-brand retail trading including through e-commerce by having any equity interests in the sellers.

Waymo, Daimler to partner in developing self-driving semi trucks

The partnership accelerates a race to put automated heavy-duty trucks on the road, with a handful of powerful teams chasing commercial customers seeking to reduce dependence on human drivers.

Today's top business news: Stocks tank on weak global cues, Bharti Airtel soars as losses narrow, David Einhorn bets against tech stocks, and more

Updates from the world of economy, markets, and finance

Cognizant names Rajesh Nambiar as Chairman and Managing Director of India

Nasdaq-listed IT firm Cognizant has appointed Rajesh Nambiar as the Chairman and Managing Director of India and a member of Cognizant’s Executive

Bharti Q2 loss narrows to ₹763 crore

Bharti Airtel on Tuesday reported a net loss of ₹763 crore for the quarter ended September 30 even as it posted its highest-ever consolidated

Bookings for all-new Hyundai i20 open today

Hyundai Motor India Ltd., (HMIL) will commence bookings for the all-new i20 premium hatchback through online or at its dealerships across the country

FreshToHome raises $121 mn for expansion

Targets revenues of Rs 1,500 cr during year-ending March 2021

Apprentice hiring set to increase, says report

Apprentice hiring is seeing a positive sentiment across sectors and regions despite the pandemic, according to an Apprentice Outlook Report.

‘About 25% of 5 mn Indian tech force facing existential crisis’

They are in the 40-45 age bracket, possess generic skills: experts

Tata Motors loss widens to ₹314 cr. on CV decline

Drop in JLR sales adds to woes

‘E-tailers see 55% rise in 1st week of festive sales’

Affordability, a key driver: Redseer

Engineering exporters worried over fresh wave of COVID-19 cases in Europe

COVID-19 count rising in EU: EEPC

TechM buys 2 firms to boost digital offering

Tech Mahindra Ltd. said it had fully acquired Momenton, a digital enterprise technology firm offering consultancy and implementation services, and

Harley opts to ride pillion with Hero

Hero MotoCorp on Tuesday said it had entered into a distribution and licensing agreement with Harley-Davidson Inc. to develop and sell a range of

‘Negative or zero growth, but firm recovery on’

FM says overall GDP growth in FY21 could be close to IMF’s -10.3% estimate; expects festive season to spur, sustain demand

COVID to erode 3 years of fiscal consolidation gains of States: RBI

‘They need to remain empowered to lend growth impulses’

Ankhi Das quits Facebook

“Ankhi has decided to step down from her role in Facebook to pursue her interest in public service," said Facebook’s Managing Director India Ajit Mohan

Bharti Airtel losses narrow to ₹763 crore in Sept quarter; revenue zoom 22%

The net loss (before exceptional items) for Q2 FY21 was at ₹744 crore, while loss (after exceptional items) stood at ₹763 crore

Hero MotoCorp and Harley Davidson to partner for Indian market

Hero MotoCorp will also develop and sell a range of premium motorcycles under the Harley-Davidson brand name.

Tata Motors reports consolidated net loss of ₹307 crore in September quarter

Tata Motors on October 27 reported a consolidated net loss of ₹307.26 crore for the second quarter ended September 30.Also read: Tata Motors' Q1 loss

AMD to buy Xilinx in all-stock deal valued at $35 billion

AMD stockholders will own about 74% of the combined company, with Xilinx stockholders owning approximately 26%.

FM sees GDP growth in negative zone or near zero in current fiscal

This is primarily because of a huge 23.9% contraction in the economy in the first quarter of current fiscal (April-June), she said.

Pharma firms Granules and Laurus Labs to invest ₹700 crore in Telangana

Representatives of the firms meet Industries Minister to announce the decision.

Sensex rallies 377 points; Kotak Bank zooms 12%

The 30-share BSE index ended 376.60 points or 0.94% higher at 40,522.10

Rupee settles 13 paise higher at 73.71 against US dollar

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.07% to 93.11.

Gold declines ₹ 137 amid tepid demand

Silver rose by ₹ 475.

RBI asks lending institutions to implement waiver of interest on interest scheme

On October 23, the government had announced the scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts

Sensex drops over 100 points in early trade; Nifty below 11,750

IndusInd Bank was the top laggard in the Sensex pack.

Rupee falls 10 paise to 73.94 against U.S. Dollar in early trade

At the interbank Forex market, the domestic unit opened weak at 73.94 against the greenback, showing a fall of 10 paise over its previous close

Today's top business news: Stocks rally, interest-on-interest waiver to cost exchequer ₹7,500 crore, oil edges up as rigs shut down, and more

Updates from the world of economy, markets, and finance

Future shrugs off Amazon challenge

Not party to agreement cited by Amazon, says Future Retail; ‘deal with Reliance enforceable under law’

First
Prev
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Next
Last