Rise in US bond yields not a surprise, stay cautious: Keval Bhanushali of Marwadi Shares and Finance

Investors should stay cautiously bullish, with a very precise sectoral investing strategy. Investors can look at private sector banks for medium-term investments, says Bhanushali.

from Moneycontrol Market Outlook https://ift.tt/2ObtwFG

Over 20 largecaps on brokerages’ radar post Q3

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from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/over-20-largecapsbrokerages’-radar-post-q3_14892701.html

Bajaj Auto sales up 6% to 3,75,017 units in February

Total domestic sales declined by 2 percent to 1,64,811 units last month, as compared to 1,68,747 units sold in February 2020, Bajaj Auto said in a regulatory filing.

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Escorts tractor sales up 30.6% at 11,230 units in February

The company had sold 8,601 units in February 2020.

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Coronavirus News LIVE Updates: Vaccine beneficiaries to register via Co-WIN portal, app only for administrators, clarifies Health Ministry

Coronavirus News LIVE Updates: India has begun the second phase of the vaccination drive in which everyone above 60 years of age and those over 45 years with comorbidities will be able to get the COVID-19 vaccine.

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COVID-19 vaccination guide: How to register, book appointment on Co-WIN portal and other key points

Here#39;s a quick guide on how to register for COVID-19 vaccination using the Co-WIN portal, if you can choose between the two available vaccines and how much you#39;ll need to pay

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IKEA to increase sourcing of toys from India

IKEA has been sourcing from India for its global operations for close to 35 years. It is working with around 60 suppliers.

from Moneycontrol Business News https://ift.tt/37T0eTm

We are long on India’s domestic economy when it comes to investing: ABB India MDÂ

Geopolitical developments and trade wars have opened up new opportunities for India, says Sanjeev Sharma

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/welongindia’s-domestic-economy-when-it-comes-to-investing-abb-india-md _14892341.html

Is the Indian equity market party losing its zing?

Bottom-up stock pickers should wait for sudden reversals to buy into well run businesses, taking advantage of a two-way market of 2021.

from Moneycontrol Business News https://ift.tt/2MxyRGY

Coronavirus News LIVE Updates: India logs 15,510 new COVID-19 cases; registration for vaccination via CoWIN 2.0 portal begins

Coronavirus News LIVE Updates: India has begun the second phase of the vaccination drive in which everyone above 60 years of age and those over 45 years with comorbidities will be able to get the COVID-19 vaccine.

from Moneycontrol Business News https://ift.tt/3kw4rRW

Spectrum auction begins today: All you need to know

The three big telcos - Airtel, Vodafone Idea, and Reliance Jio will participate in the auction. The spectrum bought will be valid for 20 years.

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MC Insider: NSE glitch blame game, the strange IT rule clause, automobile comeback and the conglomerate making big moves

Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power

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Brazil prosecutors seek halt of COVAXIN purchase deal, say trial data still pending: Report

Situation is similar in India, where some states have opposed COVAXIN due to lack of trial results

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Kerala Lottery Result: #39;Win Win W-605#39; lottery winner to be announced today at 3 pm

Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Win Win W-605#39; will take home Rs 75 lakh

from Moneycontrol Business News https://ift.tt/3dUt2Pa

Lottery Sambad Result March 1: ‘Dear Bangalakshmi Teesta’ lottery winners to be announced at 4 pm

Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Teesta#39; lottery will take home Rs 50 lakh

from Moneycontrol Business News https://www.moneycontrol.com/news/business/lottery-sambad-result-march-1-‘dear-bangalakshmi-teesta’-lottery-winners-to-be-announced-at-4-pm_14892161.html

Coronavirus News LIVE Updates: Registration for COVID-19 vaccination in India via CoWIN 2.0 portal begins

Coronavirus News LIVE Updates: India has begun the second phase of the vaccination drive in which everyone above 60 years of age and those over 45 years with comorbidities will be able to get the COVID-19 vaccine.

from Moneycontrol Business News https://ift.tt/3uP4ihx

DAILY VOICE | Volatility likely to increase in Indian markets due to hardening of US yields, but long-term view remains bullish: Jyoti Roy of Angel Broking

PNC Infratech and Kalpataru Power are our top picks in the Infrastructure space while JK Lakshmi Cement and Somany Ceramics are our top picks in cement and building material space, Roy said

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-volatility-likely-to-increaseindian-markets-due-to-hardeningus-yieldslong-term-view-remains-bullish-jyoti-royangel-broking_14892041.html

AstraZeneca has sold its stake in Moderna for more than $1 billion: Report

Moderna, whose vaccine is cleared for emergency use against COVID-19 in the United States, said last week it was expecting sales of $18.4 billion from its coronavirus vaccine this year.

from Moneycontrol Business News https://ift.tt/37XvSz3

Coronavirus News LIVE Updates: Second phase of COVID-19 vaccination begins in India today; PM Modi receives first dose of vaccine

Coronavirus News LIVE Updates: India has begun the second phase of the vaccination drive in which everyone above 60 years of age and those over 45 years with comorbidities will be able to get the COVID-19 vaccine.

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Stocks in the news: Adani Green, Puravankara, SBI, Equitas Holdings & RIL

Nine banks and two non-bank lenders are coming together to jointly invest Rs 7,000 crore of initial capital in a proposed bad bank.

from Economic Times https://ift.tt/3kJfEyZ

Don’t give investing a miss in 2021: 10-year CAGR of Sensex has been over 10%

2020 might have pulled you back thanks to a once-in-a-century pandemic upending global economies, but 2021 shouldn’t restrain you from taking that much-needed leap that will enhance your riches by a long margin.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/don’t-give-investingmiss2021-10-year-cagrsensex-has-been-over-10_14891001.html

RIL acquires majority equity stake in skyTran

RIL Chairman Mukesh Ambani said the acqusition of majority equity stake in skyTran reflects his conglomerate#39;s commitment to invest in #39;building futuristic technologies that would transform the world#39;.

from Moneycontrol Business News https://ift.tt/3kxy85g

CBDT chairman Pramod Chandra Mody#39;s term extended till May 31

Mody#39;s tenure was last extended in August 2020. This is the third extension to his tenure as CBDT chairman.

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Convenience beer stores: Why Growler stations are having a moment

Growler stations — where one can fill up and take away artisanal beers — are popping up across Mumbai and Pune after a nod from state authorities last year. What does the new retail format promise for craft beer brewers and enthusiasts?

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What changes in the OTT space with introduction of new guidelines

The new norms to regulate content on OTT platforms likely to intensify consolidation in this space.

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IKEA to increase sourcing of toys from India

Besides, IKEA India is also aiming to have around 12 per cent of sales from kids#39;#39; range of products in the coming years.

from Moneycontrol Business News https://ift.tt/3uIkhNY

Companies #39;feel betrayed#39; due to capping of COVID-19 vaccine price: Kiran Mazumdar Shaw

Reacting to a report that the health ministry has fixed Rs 250 per shot at private hospitals and health centres, she tweeted, "We r (sic) crushing instead of incentivising vaccine industry."

from Moneycontrol Business News https://ift.tt/3q2xlKE

India#39;s coal import drops 12 % to 181 MT in April-January

mjunction -- a joint venture of Tata Steel and SAIL -- is a B2B e-commerce company and also publishes research reports on coal and steel verticals.

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Pharma wrap | Will private sector entry help scale up COVID-19 vaccination?

From March 1, citizens over the age of 60 and those who are above 45 with co-morbidities will be able to get inoculated against the coronavirus as the government launches Phase 2 of the vaccination drive.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/pharma-wrap-|-will-private-sector-entry-help-scalecovid-19-vaccination_14891301.html

Exploring possibility of exporting H#39;ness CB350 to various global markets: HMSI

The company rolls out the bike with over 90 per cent localisation from its Manesar (Haryana) based manufacturing facility. HMSI had introduced the bike in October 2020 and has already crossed 10,000 sales mark in February this year in the domestic market.

from Moneycontrol Business News https://ift.tt/37Xxitp

Prepared to handle any responsibility given by govt: IIFCL MD

The Union Budget 2021-22 presented in Parliament earlier this month proposed to set up a Development Finance Institution (DFI) with an initial capital of Rs 20,000 crore to fund the Rs 111 lakh crore ambitious National Infrastructure Pipeline (NIP).

from Moneycontrol Business News https://ift.tt/37YjPBM

JNPT, Deendayal ports offer discounts on vessel, cargo charges to boost trade at Chabahar port

Located in Sistan-Balochistan province on the energy-rich Iran#39;#39;s southern coast, the port is being developed by India, Iran and Afghanistan to boost trade ties.

from Moneycontrol Business News https://ift.tt/2NKT7W8

Birla Precision to ramp up capacity to tap emerging opportunities in India

To start with, the company plans to invest up to Rs 30 crore in the next one year to ramp up its drill manufacturing capacity under its cutting tools division.

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Discoms#39; outstanding dues to power generation companies rise nearly 24% to Rs 1.36 lakh crore in December

The distribution companies (discoms) owed a total of Rs 1,10,660 crore to power generation firms in December 2019, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators).

from Moneycontrol Business News https://ift.tt/3r2VeTV

Recent govt reforms to help drive economic growth: Kumar Mangalam Birla

He said the new framework of asset reconstruction for example, the entire insolvency regime, will go a long way in solving the NPA problem both of banks and as corporates, which in any case, is looking much better.

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Actively pursuing Airbus to begin manufacturing aeroplanes in India: Piyush Goyal

Narrating an experience from his childhood about a toy setup for planes that influenced him aspire to become a toy manufacturer, the minister said, "It is another matter that I don#39;t think I will be able to do it, but I#39;m actively pursuing Airbus to try and get them to come to India to start manufacturing aeroplanes in India".

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Stock gains power Warren Buffett#39;s Berkshire Hathaway to higher profit

Fourth-quarter operating income rose to $5.02 billion, or approximately $3,252 per Class A share, from $4.42 billion, a year earlier.

from Moneycontrol Business News https://ift.tt/3ky16Sr

Private hospitals can charge up to Rs 250 per dose of COVID-19 vaccine: Government

The vaccine doses would be given free of cost at state-run COVID Vaccination Centers (CVCs).

from Moneycontrol Business News https://ift.tt/37U8JgT

About 13 lakh MSMEs in Uttar Pradesh get Rs 42,700 crore loan in FY21

About 41.16 per cent of bank accounts have been covered under the Pradhan Mantri Suraksha Bima Yojana (PMSBY) against the total Jan Dhan accounts in UP.

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This week in Auto: 7-seater SUVs catch people’s fancy; GM India warns workers; Osamu Suzuki announces retirement and more

Here is a complete wrap of all the top stories of the week

from Moneycontrol Business News https://www.moneycontrol.com/news/business/this-weekauto-7-seater-suvs-catch-people’s-fancy-gm-india-warns-workers-osamu-suzuki-announces-retirementmore_14890181.html

JLR to write off 1.5 billion pounds in March quarter as part of restructuring

Ardian Mardell, Chief Financial Officer, JLR, said in a presentation to investors that the restructuring exercise was a part of its #39;Reimagine#39; strategy.

from Moneycontrol Business News https://ift.tt/2NLolfN

Lottery Sambad Result February 27 declared: #39;Dear Bangasree Damodar#39; lottery winners announced

Lottery Sambad Result declared: The first prize winner of the #39;Dear Bangasree Damodar#39; lottery will take home Rs 50 lakh.

from Moneycontrol Business News https://ift.tt/3b0oe97

Coronavirus News Live Updates: Lockdown extended in Maharashtra#39;s Amravati till March 8

Coronavirus News Live Updates: Today is the 339th day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.

from Moneycontrol Business News https://ift.tt/37ORqxO

Kerala Lottery Result declared: #39;Karunya KR-488#39; lottery winners announced; Check details at keralalotteryresult.net

Kerala Lottery Result declared: The first prize winner of the Kerala state lottery #39;Karunya KR-488#39; will take home Rs 80 lakh.

from Moneycontrol Business News https://ift.tt/2O6Cy77

Maruti Suzuki crosses 20 lakh cumulative exports mark

The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat.

from Moneycontrol Business News https://ift.tt/3suGwoQ

SC notice to Centre on appeal against UltraTech Cement#39;s limestone mining project in Gujarat

A bench comprising Justices D Y Chandrachud and M R Shah issued notices to the Ministry of Environment and Forests, Gujarat Pollution Control Board, UltraTech Cement, Uncha Kotda Gram Panchayat and others.

from Moneycontrol Business News https://ift.tt/37SLHaj

Narendra Modi at The India Toy Fair 2021: Use things that can be recycled, PM appeals to toymakers

Prime Minister Narendra Modi said that the way #39;reuse#39; and #39;recycling#39; had been a part of the Indian lifestyle, it was also seen in India’s toy-making.

from Moneycontrol Business News https://ift.tt/3uDCufB

Coronavirus News Live Updates: Cabinet secretary to hold review meeting with 8 states, UTs showing rise in COVID-19 cases

Coronavirus News Live Updates: Today is the 339th day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.

from Moneycontrol Business News https://ift.tt/3bK2xt1

Around 11 lakh people will lose jobs if Future-Reliance deal falls through: FMCG distributors, traders

Amazon and Future Group are locked in a legal dispute over the sale of the Indian company’s retail, logistics and warehousing assets to Reliance Retail Ventures.

from Moneycontrol Business News https://ift.tt/2P6q0Nl

View: Can digital news media be blocked?

The very fact that a publisher has control over the content disentitles them to be categorised as ‘intermediary’. To frame rules therefore for OTT, which may not fall within the category of ‘intermediary’ and online news media, which will possibly not fall within this category may therefore be totally unsustainable.

from Economic Times https://ift.tt/37U7jmD

Coronavirus News Live Updates: India records 16,488 new COVID-19 cases, 113 deaths in 24 last hours

Coronavirus News Live Updates: Today is the 339th day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.

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Broader market outperforms in a sombre week; 78 smallcap stocks rose 10-70%

If the Nifty falls to 14300-14350 without meaningful bounce, then it would be a buying opportunity for short-term/medium-term traders/investors, suggest experts.

from Moneycontrol Market Outlook https://ift.tt/3qVCzZY

Insurance policy request or claim rejected? Blame the bot

Artificial intelligence bots are now slowly starting to take decisions on whether your insurance claim should be paid or whether you should be allowed to buy a new policy. From your driving habits to fitness behaviour, everything has started being tracked.

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