View: The European Union turns tough on ChinaThis year, the people who edit Chinese propaganda are faced with a problem: intense media interest has driven China high up the news agenda. Things have stopped being boring because there is a great deal of negative reaction towards China in other parts of the world.
from Economic Times https://ift.tt/39Jpv1Y
Friday, July 31, 2020
Finance Ministry working with RBI on need for loan restructuring: Sitharaman
The Finance minister also said that the decision on reducing GST rates on the healthcare and other products will be taken by the GST Councilfrom Moneycontrol Business News https://ift.tt/39LnMcr
James Murdoch resigns from News Corp board over editorial differences
While tendering the resignation, Murdoch also cited differences over certain strategic decisions of the companyfrom Moneycontrol Business News https://ift.tt/3k1LdDi
TV makers may opt for license instead of local manufacture for premium models: Report
This is because demand for these products may not warrant investment into local manufacturingfrom Moneycontrol Business News https://ift.tt/3fnbWX7
Sensex, Nifty rally 7% in July; more than 100 stocks in BSE500 rose 10-80%
Although broader market indices i.e. the SP BSE Small-cap index and the SP BSE Mid-cap index closed with gains of over 5 percent each but more than 100 stocks in the BSE500 index rallied 10-80% in July.from Moneycontrol Market Outlook https://ift.tt/2BLoWYW
This week in Auto: Banks tread cautiously on auto loans, Jaguar Land Rover gets new chief
Here is a complete look at all that have made headlines in the auto space during the weekfrom Moneycontrol Business News https://ift.tt/30fNB1m
Apple vendors, Samsung, others propose Rs 11 lakh crore mobile phone production under PLI scheme
Proposals submitted to the Ministry of Electronics and IT to avail PLI benefits are expected to create 12 lakh employment opportunitiesfrom Moneycontrol Business News https://ift.tt/3fji2In
Noida police attaches builders#39; ill-gotten properties worth Rs 17.25 crore
Proceedings were launched against eight builders and their properties attached under Section 14 of the Uttar Pradesh Gangsters and Anti-Social Activities (Prevention) Actfrom Moneycontrol Business News https://ift.tt/33gAy1G
‘PV business to get cash positive by FY23’: Tata Motors to retain control
Tata Motors has started talks with potential partners but has refused to share further detailsfrom Moneycontrol Business News https://www.moneycontrol.com/news/business/‘pv-business-to-get-cash-positive-by-fy23’-tata-motors-to-retain-control_14108541.html
DAILY VOICE | #39;Good time to raise weights in few good auto, cement stocks#39;
"We think after a substantial rally some amount of profit taking is healthy for the market, and the current selling by DIIs is profit booking only," Nischal Maheshwari, CEO – Institutional Equities at Centrum Broking, said.from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-39good-time-to-raise-weightsfew-good-auto-cement-stocks39_14108341.html
Heads up! Nifty portraying bearish outlook, may retest 10,500 in August series
The Nifty50 is portraying a bearish outlook and a decisive break below 11,000 can lead to a retest of 10,600 which is a possibility in a couple of weeks.from Moneycontrol Market Outlook https://ift.tt/2DtefdW
‘Just say yes or no,’ say candidates to companies ‘ghosting’ them after interviews
Several million people have lost their jobs across India are vying for better opportunities aggressively. But ghosting by potential employers is becoming a common problem.from Moneycontrol Business News https://www.moneycontrol.com/news/business/‘just-say-yes-or-no’-say-candidates-to-companies-‘ghosting’-them-after-interviews_14108501.html
Trump says US #39;may be banning#39; China-owned video app TikTok
Trump#39;s comments came after published reports that the administration is planning to order China#39;s ByteDance to sell TikTokfrom Moneycontrol Business News https://ift.tt/31ahXl9
Three charged in massive Twitter hack, Bitcoin scam
In one of the most high-profile security breaches in recent years, hackers sent out bogus tweets on July 15 from the accounts of Barack Obama, Joe Biden, Mike Bloomberg and a number of tech billionairesfrom Moneycontrol Business News https://ift.tt/3jZ9GsP
Microsoft said to be in talks to buy TikTok, as Trump weighs curtailing app
It’s unclear how advanced TikTok’s talks to sell itself to Microsoft and other companies are, but changing ownership is crucial for the appfrom Moneycontrol Business News https://ift.tt/30h2Wyu
Former RBI Deputy Governor Viral Acharya warns against privatisation of PSU banks at discounted prices
Citing the example of the South Asian crisis in 1997, Acharya said that a large number of public sector banks in the region had to be privatised post the crisis and in many cases were sold at fire sale prices to private equity investors from abroad.from Moneycontrol Business News https://ift.tt/2Djd9S9
Copper futures rise marginally on fresh bets
On the Multi Commodity Exchange, copper contracts for August delivery traded higher by Rs 2, or 0.39 percent, at Rs 509.50 per kg in a business turnover of 4,059 lots.from Moneycontrol Business News https://ift.tt/3gjyo54
Zydus Wellness June quarter net profit up 11% at Rs 89 crore
The company had posted a net profit of Rs 80.40 crore for the corresponding period of the previous year, Zydus Wellness said in a filing to BSE.from Moneycontrol Business News https://ift.tt/2XdSdTK
In India, a diminished Nissan bets big on a small SUV
Unveiled this month and due to be launched either late this year or early 2021, the Magnite will be Nissan#39;s first new vehicle in India in two years. Moreover, it will be just one of three Nissan-branded models in the market after two others were pulled in April when tougher emission rules kicked in.from Moneycontrol Business News https://ift.tt/2Pb2ADl
Facebook smashes revenue estimates amid pandemic, forecasts ad growth
Ad sales, which contribute nearly all of Facebook#39;s revenue, rose 10 percent to $18.3 billion in the second quarter as people under lockdown spent more time online and businesses rapidly pivoted to e-commerce. Monthly active users rose to 2.7 billion, ahead of estimates of 2.6 billion.from Moneycontrol Business News https://ift.tt/3f9O0qk
RBI likely to leave repo rate unchanged in August policy meet: Report
The Monetary Policy Committee (MPC), headed by RBI Governor, is scheduled to meet for three days beginning August 4 and will announce its decision on August 6.from Moneycontrol Business News https://ift.tt/2P8uiAL
Donald Trump offers, Democrats reject fix for $600 jobless benefit
Democratic leaders panned the idea in late-night talks at the Capitol, opting to keep the pressure on for a more sweeping bill that would deliver aid to state and local governments, help for the poor and funding for schools and colleges to address the pandemic.from Moneycontrol Business News https://ift.tt/30c7Sou
India extends safeguard duty on solar imports, imposes anti-dumping duty on other items
The move is the latest among many by the Indian government to reduce dependence on Chinese importsfrom Moneycontrol Business News https://ift.tt/3hXyG1B
The economy is in record decline, but not for the tech giants
Even though the tech industry’s four biggest companies were stung by a slowdown in spending, they reported a combined $28 billion in profits on Thursday.from Moneycontrol Business News https://ift.tt/2Dl9lQs
UGC final year exam: Supreme Court adjourns case till August 10
UGC final year exam: The apex court has asked MHA#39;s stand on the matter to be clarified and asked the state disaster management committee of Maharashtra to file its reply.from Moneycontrol Business News https://ift.tt/30g1c92
From August 1, EPF will be back to 12% each for employee, employer
The idea behind the move, according to the government, is to offer support to workers and businesses who continue to face financial hardships in light of the coronavirus pandemic and the lockdown that followed.from Moneycontrol Business News https://ift.tt/3faAliI
Tata Capital to invest Rs 225 crore in Biocon Biologics for minority stake
The deal for 0.85 percent stake values Biocon Biologics at an equity valuation of Rs 26,250 crore, or $3.5 billionfrom Moneycontrol Business News https://ift.tt/2Dqvn40
Thursday, July 30, 2020
Control Print: A decent show in a difficult quarter, is it worth a long-term investor’s attention?
Control Print#39;s healthy future prospects of the business and attractive valuations make it worthy of the attention of long-term investors.from Moneycontrol Business News https://www.moneycontrol.com/news/business/control-print-a-decent-showa-difficult-quarter-is-it-worthlong-term-investor’s-attention_14104961.html
Jet Airways pays $13 million to acquire 6 Boeing aircraft, engines
The airliner has faced a series of accusations of unpaid dues, even being dragged to the NCLT since it was grounded in April 2019from Moneycontrol Business News https://ift.tt/2Ewacy5
Their new factories are ready to roll but auto companies slam on the brakes
With the Covid pandemic showing no signs of abating, companies have put their expansion plans on hold in India. We look at how Ashok Leyland, Suzuki and Honda have been affectedfrom Moneycontrol Business News https://ift.tt/39IaBZN
Taking on SpaceX, Amazon to invest $10 billion in satellite broadband plan
Amazon said #39;Project Kuiper#39; will also benefit wireless carriers deploying 5G and other wireless services to new regions.from Moneycontrol Business News https://ift.tt/3jX8KVN
Battered by nearly Rs 16,000 crore loss, Airtel CEO hints at another round of tariff hikes
We continue to believe that average revenue per user (ARPU) needs to move up to 200 and eventually to 300 for a sustainable business model, said Bharti Airtel CEO Gopal Vittal.from Moneycontrol Business News https://ift.tt/2PeIecc
82% of corporate India expects recovery by June 2021: PwC survey
While 45 percent CXO respondents are keen to consider acquisitions, 20 percent are considering divesting non-core businesses, according to the PwC India report.from Moneycontrol Business News https://ift.tt/3gf1geJ
Podcast: Possible movers & shakers of today's market
Tune in! Your daily brief of market news, views and cues.
from Economic Times https://ift.tt/2XaTAlW
from Economic Times https://ift.tt/2XaTAlW
DAILY VOICE | We like HCL Tech, Infosys MindTree from IT space: Naveen Kulkarni of Axis Securities
IT sector performance has exceeded even these expectations with Infosys reporting brilliant performance across the board. We see value across the sector at this point.from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-we-like-hcl-tech-infosysmindtreeit-space-naveen-kulkarniaxis-securities_14104061.html
Trade Spotlight: Wipro, Divi#39;s Labs, IOC, BPCL and Dabur India in focus
Stocks like Wipro, Divi’s Laboratories, IOC, BPCL, and Dabur India were in focus on Thursday. Here are important levels to watch out for on Friday.from Moneycontrol Market Outlook https://ift.tt/30g12y4
RBI extends directions for three Maharashtra urban cooperative banks
RBI directions for Vasantdada Nagari Sahakari Bank, the Kapol Cooperative Bank and the Maratha Sahakari Bank have been extended for varying periodsfrom Moneycontrol Business News https://ift.tt/2Xfv2bw
Market veteran Madhu Kela shares the big mistakes he made while trading
With more than 30 years of experience in the stock market, Madhu Kela has been one of the most influential names of Dalal Street in the last decadefrom Moneycontrol Business News https://ift.tt/3jWa7UC
Won#39;t profit from COVID-19 vaccine in pandemic: AstraZeneca
AstraZeneca has struck a number of deals around the world to supply the experimental COVID-19 vaccine, which has shown promise in early testing.from Moneycontrol Business News https://ift.tt/33aomzf
KTM offers additional warranty, roadside assistance for bookings before September 20
The offer includes an additional three-year warranty and free one-year roadside assistance plan, among others, the company said in a release.from Moneycontrol Business News https://ift.tt/33ab1H5
National Education Policy: What industry experts have to say
Industry experts have mixed reactions to the new set of policy initiatives under the National Education Policy. Implementation concerns are among the primary worries.from Moneycontrol Business News https://ift.tt/2DiIaWi
Indian Energy Exchange clocks 15% growth in electricity sales volumes in June quarter
According to the data released by the IEX on Thursday, the average spot power price at the exchange was down 26 percent YoY and yielded significant savings for distribution utilities and Industries.from Moneycontrol Business News https://ift.tt/3goPoXi
Govt imposes safeguard duty on solar cells for one more year till July 2021
The move followed recommendation by the commerce ministry#39;s investigation arm Directorate General of Trade Remedies (DGTR) for continued imposition of the duty for one more year.from Moneycontrol Business News https://ift.tt/39G9KJp
Copper futures fall on weak demand
On the Multi Commodity Exchange, copper for August delivery eased by Rs 2.45, or 0.48 percent, to Rs 507.20 per kg in a business turnover of 3,903 lots.from Moneycontrol Business News https://ift.tt/2BH7Xae
Zinc futures rise to Rs 184.10 per kg
On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by Rs 2.20, or 1.21 percent, at Rs 184.10 per kg with a business turnover of 126 lots.from Moneycontrol Business News https://ift.tt/2CSfyUc
Nickel futures slide on tepid demand
On the Multi Commodity Exchange, nickel contracts for August delivery traded down by Rs 1.90, or 0.18 percent, to Rs 1,050.30 per kg with a business turnover of 1,750 lots.from Moneycontrol Business News https://ift.tt/3hNMDPO
Adani Ports SEZ raises $750 million via bond issue
The money will be used to repay loans of Adani Ports and its subsidiaries. The move comes after the company board approved off-shore bond capital raise of up to $1.25 billion.from Moneycontrol Business News https://ift.tt/3hQXPLC
ArcelorMittal Nippon Steel reports 23.5% drop in Q2 EBITDA
Its steel production was down 29 percent in the second quarter.from Moneycontrol Business News https://ift.tt/30YBPYd
India#39;s gold demand in April-June sinks 70% on COVID-19 disruptions: WGC
Overall gold demand in the country was 213.2 tonnes during the second quarter of 2019, WGC said in its #39;Q2 Gold Demand Trends#39; report.from Moneycontrol Business News https://ift.tt/3feTCQ5
Worst zoom quiz ever? Tech glitch lets Jeff Bezos escape an hour of antitrust questioning
A congressional aide said it was “not clear†what happened with Amazon#39;s virtual feedfrom Moneycontrol Business News https://ift.tt/2Xbw08J
Bill requiring retailers to disclose products made in China introduced in US Congress
The bill, introduced on Wednesday, stipulates that online retailers legibly state on a noticeable place on their webpage if a product or a major component of that product originated in China, or if the product was manufactured or assembled in that country.from Moneycontrol Business News https://ift.tt/2P7eFJL
India#39;s US envoy discusses trade, investment with Wisconsin governor
During the meeting, the Indian envoy briefed the governor about the initiatives India has taken in healthcare and education and discussed collaboration in these sectors.from Moneycontrol Business News https://ift.tt/3jQILPP
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Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...
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The EUA will facilitate broader use of remdesivir to treat hospitalized patients with severe COVID-19 disease, enabling access to remdesivi...
