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Domestic PV sales dip 4% in July; SIAM sees signs of green shoots

PTI ‘Year-on-year contraction lesser than previous months’

SC ruling on daughters’ rights, a wake-up call to family businesses

Sanjay Vijayakumar ‘Failure to recognise their share may lead to litigation’

Tighter norms to keep bank loan rejig under check: ICRA

Special Correspondent Lower slippages to reduce capital requirements of lenders

Amitabh Chaudhry. File

Axis Bank raises ₹10,000 crore through QIP

Lalatendu Mishra The deal was oversubscribed with the aggregate final transaction size being ₹10,000 crore

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Debt MFs’ inflow surges to ₹91,392 cr.

‘Pandemic to hasten investment in building supply chain resilience’

Rights of daughters | Supreme Court ruling a wake-up call to family businesses

Domestic PV sales dip 4% in July; SIAM sees signs of green shoots

Axis Bank mops up₹10,000 cr. through QIP

Tighter norms to keep bank loan rejig under check: ICRA

Debt revamp to prolong banks’ asset quality uncertainty: Fitch

‘Scheme may be designed to give lenders more time to build capital buffers’

Coronavirus | Cochin International Airport incurs loss in first quarter

The company registered a loss of around ₹72 crore in the first quarter of 2020-21

Dr.Reddy’s launches generic version of Ciprodex

The newly launched product will be used to treat ear infections

Axis Bank raises ₹10,000 crore through QIP

The deal was oversubscribed with the aggregate final transaction size being ₹10,000 crore

AAI puts GoAir on cash & carry mode

It will not impact our operations and customers, says airline

Equity mutual funds see first outflow in over four years

Investors’ profit-booking drives trend

Burman family open to hike Eveready stake, no takeover plans: Mohit Burman

Burman family, the single largest shareholder of Eveready Industries, has no plans for taking over the company but is open to acquiring additional

India’s imports from China rise in June and July

India’s imports from China have risen to $5.6 billion in July, climbing for the second straight month, although imports are still down by 24% from

Sundaram Finance Q1 net rises 6%

Non-banking financial company Sundaram Finance Ltd. (SFL) has registered a 6% rise in its net profit for the first quarter ended June to ₹166

Equitas SFB Q1 profit rises marginally

Equitas Small Finance Bank Ltd. has reported a net profit of ₹60 crore for the first quarter ended June against a net profit of ₹59 crore in the

BoB slips into ₹864-cr. loss as provisions surge

Asset quality shows improvement

Users still favour Chinese smartphone brands

Despite anti-China sentiments in India, online shoppers seem to prefer Chinese mobile phones and electronic gadgets. For instance, OnePlus (Nord 5G,

‘Review choice of Kamath as head of panel’

He was part of panel that gave loans to Videocon: Assn

LIC unveils campaign to revive lapsed policies

Scheme to remain in force till Oct. 9

Government looks at mixing biogas with natural gas

Oil Secretary Tarun Kapoor said India is an agricultural economy largely and there is a large amount of agricultural residues available, providing good scope of producing biofuels.

Toshiba exits laptop business after 35 years

Toshiba was a pioneer in personal computer space, and had launched its first laptop – T1100, in 1985.

Patanjali considering bidding for IPL title sponsorship

The slot of the title sponsorship of IPL was vacated after the Chinese handset maker Vivo decided to exit from it.

IFC to invest $10m in Endiya Partners fund

IFC, a member of the World Bank Group, has also committed an additional $10 million for direct co-investments alongside Endiya Fund II.

PM Modi launches submarine optical fibre cable to Andaman & Nicobar Islands

Connectivity enabled by it will bring new opportunities for the islands’ residents, he says.

Investment plan | Saving for a goal

Start a systematic investment plan with a special financial objective as it will bring a sense of direction to investments

Do your systematic investments need a pause?

Investment Recess allows an individual facing salary cuts to ease COVID-19-related pressure on cash flows

Which health insurance is best for my parents? Answers to your personal finance queries

Readers can send in queries on personal ﬁnance and investing to moneywise@thehindu.co.in

Indian Railways committed to integrate with GeM portal: Piyush Goyal

Railways buys more than 98% of its goods and services in India and moving this purchase to the GeM platform in the next “probably 8-12 months” will help in making procurement process more transparent, says Mr. Goyal

Coal import drops 43% in July owing to high stockpile at pitheads, plants

“The market participants seem to have adopted a wait and watch approach and are currently looking for a direction. We do not expect to see any significant variation in volumes in the short-term,” a monitoring firm said.

Abbott India Q1 net jumps to ₹180.35 cr.

Drug firm Abbott India has reported a 54.2% rise in net profit to ₹180.35 crore for the quarter to June 2020.The company had posted a net profit of

Demand for city warehouses to rise as delivery targets quicken

E-com firms eye same-day supply of food during lockdowns

Nitin Gadkari exhorts industry to identify sectors to boost exports, make India ‘self-reliant’

To boost ‘self-reliant India’ endeavour, Union Minister Nitin Gadkari on August 8 urged the industry to identify the sectors heavily reliant on

Centre releases ₹553 cr. for farm mechanisation

Funds provided to States under SMAM

Coal India cuts FY21 target to 650-660 MT

Sees 7-8% growth in demand in August

Multiplexes urge malls to review rental model

COVID-19 related curbs have severely impacted their revenue and profitability

Divi’s Labs Q1 net surges 81%

Drugmaker Divi’s Laboratories reported an 81% jump in first-quarter consolidated net profit at ₹492.06 crore.In the year earlier period, it had

Life insurers post 7% rise in new business after dismal Q1

Private insurers lead rebound in July after 18.6% decline in April-June period

WarnerMedia restructures to focus on HBO Max, senior executives out

The shake-up also includes the consolidation of film and TV studios under Warner Bros Chief Executive Ann Sarnoff.

Watson Assistant ‘speaks’ for ICMR

‘The AI engine helps boost response time during COVID-19’

M&M drops U.S. capital plan after loss

Aborts $500 mn investment amid ₹98-cr. Q1 group loss; seeks investor in Mahindra Electric

Daimler arm drives into used CV segment

Firm to restart second shift at plant

TIIL in ₹700-crore pact to buy CG Power stake

To get up to 56.6% via shares, warrants

RBI sets up panel for stressed loans resolution norms

Names members including ADB’s Gupta, IBA’s Mehta

RBI sets up panel under Kamath to suggest steps to deal with coronavirus-related stressed assets

The Committee will submit its recommendations to the RBI, which will notify them along with modifications, if any, in 30 days.

Exim Bank extends $250 million line of credit to Mozambique

The agreement to this effect was signed on August 3

Indian Overseas Bank cuts base rate to 9.35%

State-owned Indian Overseas Bank (IOB) on Friday said it has slashed its base rate by 0.10% to 9.35%.“The asset liability management committee of our

Apple shines in pandemic with $2 trillion value on horizon

Apple has been at the vanguard of a group of Big Tech companies that are increasingly taking over people’s lives and the stock market

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