The acquisition of Ampion is an important step for Wipro in this direction, and strengthens the commitment towards clients and stakeholders in Australia and New Zealand (ANZ), Wipro said in a regulatory filing.
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Wednesday, March 31, 2021
Toyota Kirloskar sells 15,001 units in March, its highest dispatch during March in 8 years
The automaker had sold 7,023 units in March 2020, amid a nationwide lockdown due to the COVID-19 pandemic.
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from Moneycontrol Business News https://ift.tt/3weRLo5
JSW Steel begins hot-rolled plates production at Dolvi Works plant
The production at the said plant began from Wednesday, JSW Steel said in a BSE filing. "On March 31, 2021, JSW Steel has commenced production of hot-rolled plates from the new 5 MTPA hot strip mill facility at its Dolvi Works," it said.
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from Moneycontrol Business News https://ift.tt/39A4xE6
Here come hot desks and Zoom rooms. And holograms?
Workplaces are being reimagined for activities benefiting from face-to-face interaction, including collaboration on projects and employee training, as a way to promote a companyâs culture and identity.
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from Moneycontrol Business News https://ift.tt/3dqzFac
Elon Muskâs Starlink internet service faces #39;regulatory hurdles#39; in India: Report
The Broadband India Forum, an industry body, has called on TRAI to block Starlink#39;s beta services in India for not meeting regulatory requirements.
from Moneycontrol Business News https://www.moneycontrol.com/news/business/elon-muskâs-starlink-internet-service-faces-39regulatory-hurdles39india-report_14978061.html
from Moneycontrol Business News https://www.moneycontrol.com/news/business/elon-muskâs-starlink-internet-service-faces-39regulatory-hurdles39india-report_14978061.html
Coronavirus News Live Updates: India records 72,330 new cases, highest single day rise
Coronavirus News Live Updates: Today is the 373rd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.
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from Moneycontrol Business News https://ift.tt/3m75tVw
Time to go global in FY22: Experts recommend 15-20% allocation in US markets
A milestone-based approach, starting with 10% of the portfolio and raising it to 30-40% will not be a bad idea. It may not be a bad idea to begin with mega-cap exposure, they say.
from Moneycontrol Market Outlook https://ift.tt/3cEycOg
from Moneycontrol Market Outlook https://ift.tt/3cEycOg
DAILY VOICE | FY22 is going to be a year of strong economic rebound in India, says Niraj Kumar of Future Generali India
India is on the cusp of a virtuous economic growth cycle, which will culminate into stronger momentum of earnings recovery and help markets perform reasonably well, says Kumar.
from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-fy22-is-going-to-beyearstrong-economic-reboundindia-says-niraj-kumarfuture-generali-india_14977081.html
from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-fy22-is-going-to-beyearstrong-economic-reboundindia-says-niraj-kumarfuture-generali-india_14977081.html
Trade Spotlight: What should investors do with Intellect Design BirlaCorp?
Intellect Design gained over 6 percent with strong volumes, while Birla Corp rallied over 5 percent to hit a fresh 52-week high on March 31.
from Moneycontrol Market Outlook https://ift.tt/3fxqR58
from Moneycontrol Market Outlook https://ift.tt/3fxqR58
RBI orders forensic audit of MobiKwik#39;s systems after alleged data leak
RBI has reportedly ordered an immediate forensic audit of the MobiKwik#39;s systems by a certified auditor.
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from Moneycontrol Business News https://ift.tt/3wgrPZk
Lottery Sambad Result April 1: #39;Dear Bangabhumi Bhagirathi#39; winners to be announced at 4 pm today
Lottery Sambad Result: The first prize winner of the #39;Dear Bangabhumi Bhagirathi#39; lottery will take home Rs 50 lakh. The second prize is Rs 9,000, the third prize is Rs 500 and the fourth prize is Rs 250. The fifth prize is Rs 120 and there is also a consolation prize of Rs 1,000.
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from Moneycontrol Business News https://ift.tt/3fv1u3A
Government withdraws small savings scheme rate cut
The finance minister added that orders issued by oversight shall be withdrawn.
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from Moneycontrol Business News https://ift.tt/3m6SPWy
Kerala lottery Result: #39;Karunya Plus KN-362#39; lottery winners to be announced today at 3 pm
Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Karunya Plus KN-362#39; will take home Rs 80 lakh. The second prize winner will get Rs 10 lakh and the third prize winner will get Rs 1 lakh. The winner of the consolation prize will get Rs 8,000.
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from Moneycontrol Business News https://ift.tt/39zKpBM
Coronavirus News Live Updates: Maharashtra govt slashes RT-PCR test rates
Coronavirus News Live Updates: Today is the 373rd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.
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from Moneycontrol Business News https://ift.tt/3m8esFM
Maruti Suzuki partners Karnataka Bank for vehicle financing solutions
The company said it has signed a Memorandum of Understanding (MoU) with the Mangaluru-headquartered private sector lender. Customers can avail the benefits across 858 branches of Karnataka Bank at metro, urban, semi-urban and rural locations.
from Moneycontrol Business News https://ift.tt/31xyjoi
from Moneycontrol Business News https://ift.tt/31xyjoi
Aegon Life Insurance launches #39;Work from Anywhere#39; policy
This policy will allow these employees to work from anywhere in India.
from Moneycontrol Business News https://ift.tt/3u8kcCf
from Moneycontrol Business News https://ift.tt/3u8kcCf
Chinese e-tailer Club Factory may invoke #39;force majeure#39; after ban in India: Report
Club Factory is of the view that the Indian government#39;s ban on a number of Chinese apps in June 2020 was beyond the company#39;s control.
from Moneycontrol Business News https://ift.tt/3wehmgZ
from Moneycontrol Business News https://ift.tt/3wehmgZ
Need to get a credible bank as replacement for IDBI Bank: Ageas Federal Life CEO
Since IDBI Bank is now owned by LIC, it wonât be selling Ageas Federal insurance policies anymore. Ageas acquired an additional stake of 23% from IDBI Bank in Ageas Federal Life Insurance for around Rs 460 crore. Now, Ageas holds 49% in the insurer, and Federal Bank 26%.
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from Moneycontrol Business News https://ift.tt/3whsXvB
Banks to cancel auto-debit facility from April 1: Here are payments that will be impacted
Auto-initiated payments for mobile phone, broadband, DTH, electricity, water and other utilities bill will be cancelled starting April 1.
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from Moneycontrol Business News https://ift.tt/3rHvhIJ
SpiceJet ties up with Avenue Capital for sales lease-back of up to 50 new aircraft
The memorandum of understanding, signed between the two partners, sets out the next steps and conditions upon which Avenue will assist with placing of SpiceJet#39;#39;s new aircraft portfolio including sale and lease-back of and also assumption of ownership of potentially up to 50 of these aircraft, the company said in a statement.
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from Moneycontrol Business News https://ift.tt/3djgS0t
Vistara to extend gate-to-gate luggage delivery service to Hyderabad, Bengaluru
The airline started the pilot phase of this service in partnership with luggage transfer company CarterX on its Delhi-Mumbai flights from March 13, said its spokesperson in a statement.
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from Moneycontrol Business News https://ift.tt/3rEcz4K
Coronavirus News Live Updates: Random COVID tests of travellers to begin at Delhi airport today
Coronavirus News Live Updates: Today is the 372nd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.
from Moneycontrol Business News https://ift.tt/3dAYKiT
from Moneycontrol Business News https://ift.tt/3dAYKiT
Tuesday, March 30, 2021
Archegos Capital: Will Indian market see another Lehman moment?
Unlikely, say experts. For one, India is very conservative on the total margin exposure. Also, the world has learnt a lot from the Lehman Brothers crisis, and it is unlikely to happen all over again.
from Moneycontrol Market Outlook https://ift.tt/3disRLH
from Moneycontrol Market Outlook https://ift.tt/3disRLH
Sterling and Wilson Solar US arm bags Rs 890 crore order
"Sterling and Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL), has signed an order worth USD 121.7 million (Rs 890 crore) in the pacific north-west region of the United States of America," a company statement said.
from Moneycontrol Business News https://ift.tt/3waWN50
from Moneycontrol Business News https://ift.tt/3waWN50
Kalpataru Power Transmission bags new orders worth Rs 625 crore
The company said it has won orders in power transmission and railways business.
from Moneycontrol Business News https://ift.tt/2QIbImT
from Moneycontrol Business News https://ift.tt/2QIbImT
Volkswagen SUVs | Taigun, Tiguan, T-Roc, Tiguan Allspace: All you need to know
Volkswagen is readying the introduction of four SUVs; one of which is the all-new Taigun. Here are all the details about these machines
from Moneycontrol Business News https://www.moneycontrol.com/news/business/volkswagen-suvs-|-taigun-tiguan-t-roc-tiguan-allspace-all-you-need-to-know_14975261.html
from Moneycontrol Business News https://www.moneycontrol.com/news/business/volkswagen-suvs-|-taigun-tiguan-t-roc-tiguan-allspace-all-you-need-to-know_14975261.html
Why AU Small Finance Bank will continue to command a premium
Given the strong highway of growth ahead, any weakness due to volatility in the broad market is an opportunity to add AU for the long term
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from Moneycontrol Business News https://ift.tt/31xZBLl
Coronavirus News Live Updates: India records 53,480 new COVID-19 cases, 354 deaths
Coronavirus News Live Updates: Today is the 372nd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.
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from Moneycontrol Business News https://ift.tt/3cC4dqn
Archegos Capital: Will the India market see another Lehman moment?
Unlikely, say experts. For one, India is very conservative on the total margin exposure. Also, the world has learnt a lot from the Lehman Brothers crisis, and it is unlikely to happen all over again.
from Moneycontrol Market Outlook https://ift.tt/3wey8wn
from Moneycontrol Market Outlook https://ift.tt/3wey8wn
Foreign lenders demand personal guarantees from Shapoorji Pallonji after SC order: Report
Reportedly, the demand for guarantees was made after the Supreme Court order set aside the December 17, 2019, NCLAT order.
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from Moneycontrol Business News https://ift.tt/31w9Q2X
Centre might extend Vivad se Vishwas scheme to settle Cairn Energy tax case: Report
In December 2020, a Dutch tribunal had ruled that the Indian government should pay damages worth $1.2 billion to Cairn Energy.
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from Moneycontrol Business News https://ift.tt/3wc6sID
Grofers to cover COVID-19 vaccination cost for employees, families, contractual staff
Grofers will cover the vaccination cost for its employees, their family members (including, parents, spouse, and two children) and the company#39;#39;s contractual workforce, a statement said.
from Moneycontrol Business News https://ift.tt/2QV1OP1
from Moneycontrol Business News https://ift.tt/2QV1OP1
Only global factors, not Indian economy, can drag Nifty below 13,000, says Raghvendra Nath of Ladderup Wealth Management
The March quarter numbers are expected to be strong and there is a general expectation that the next two years should see strong earnings growth from Indian companies, says Nath.
from Moneycontrol Market Outlook https://ift.tt/39tRiV8
from Moneycontrol Market Outlook https://ift.tt/39tRiV8
Trade Spotlight: What should investors do with Tata Steel, JSW Steel Blue Dart?
Tata Steel rose over 4 percent, JSW Steel and Blue Dart rallied more than 5 percent each on March 30 to hit a fresh 52-week high. Read expert recommendations on how to trade these stocks today.
from Moneycontrol Market Outlook https://ift.tt/3rAbzPm
from Moneycontrol Market Outlook https://ift.tt/3rAbzPm
DAILY VOICE | China Plus One, manufacturing emerging as megatrends in India, says Tanushree Banerjee of Equitymaster
Despite the possibility of better earnings in the next fiscal, a sharp and unexpected up move in US interest rates can suck liquidity out from Indian markets and cause valuations to crash, says Banerjee.
from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-china-plus-one-manufacturing-emerging-as-megatrendsindia-says-tanushree-banerjeeequitymaster_14974181.html
from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-china-plus-one-manufacturing-emerging-as-megatrendsindia-says-tanushree-banerjeeequitymaster_14974181.html
Close to 3 million people in India acquired digital skills during COVID-19: Microsoft
Microsoft Corp is also extending its commitment to help 250,000 companies globally make a skills-based hire in 2021, a statement said.
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from Moneycontrol Business News https://ift.tt/2PdV5iQ
Coronavirus News Live Updates: Mumbai sees 4,758 COVID-19 cases; doubling rate now 50 days
Coronavirus News Live Updates: Today is the 372nd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.
from Moneycontrol Business News https://ift.tt/3rxUTrv
from Moneycontrol Business News https://ift.tt/3rxUTrv
RBL Bank partners UK fintech to serve the banking needs of Indian SMEs
Tide is a leading UK-based fintech which is set to launch in India as its first overseas market.
from Moneycontrol Business News https://ift.tt/39rrIAo
from Moneycontrol Business News https://ift.tt/39rrIAo
India#39;s inflation #39;uncomfortably high#39;: Moody#39;s Analytics
Higher fuel prices will keep upward pressure on retail inflation and keep the RBI from offering further rate cuts, said Moody#39;s Analytics, a financial intelligence company.
from Moneycontrol Business News https://ift.tt/3m25w4X
from Moneycontrol Business News https://ift.tt/3m25w4X
BioNTech raises COVID vaccine output goal to 2.5 billion doses
"The increase is driven by the optimisation of production processes, the recent initiation of production at BioNTech#39;s Marburg, Germany facility, regulatory approval for six dose vials, and the expansion of our manufacturing and supplier network," BioNTech said in a statement.
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from Moneycontrol Business News https://ift.tt/39t8J8p
One virus, one stuck ship spark global trade rethink
Against this backdrop, governments and businesses alike are bringing production back home where it may be more expensive but at least is more secure.
from Moneycontrol Business News https://ift.tt/3fpCmv4
from Moneycontrol Business News https://ift.tt/3fpCmv4
Xiaomi announces smart EV business, to invest $10 billion over ten years
The company#39;s move into the EV industry follows similar steps by other tech giants, both in China and overseas.
from Moneycontrol Business News https://ift.tt/39nPf56
from Moneycontrol Business News https://ift.tt/39nPf56
Auto companies set to hike prices of cars, bikes, for second time in four months
Spiraling domestic steel and aluminum prices force manufacturersâ hands; the latest increase might not deflate the demand surge, say market watchers
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from Moneycontrol Business News https://ift.tt/3sEvm1a
India#39;s 2021 economic output likely to remain below 2019 level: UN report
India, according to the #39;Economic and Social Survey of Asia and the Pacific 2021: Towards post-COVID-19 resilient economies#39;, is estimated to record an economic growth of 7 percent in 2021-22, over a contraction of 7.7 percent witnessed in the previous fiscal on account of the pandemic#39;s impact on normal business activity.
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from Moneycontrol Business News https://ift.tt/2O4GVzM
PayPal launches crypto checkout service
Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said.
from Moneycontrol Business News https://ift.tt/2PKn1KI
from Moneycontrol Business News https://ift.tt/2PKn1KI
BHEL secures Rs 400 crore order for sulphur recovery unit from IOCL
Under this package, valued at over Rs 400 Crore, BHEL envisages setting up a 525 TPD Sulphur Recovery Unit at IOCLâs Paradip Refinery in Odisha. The project is scheduled for completion in 25 months.
from Moneycontrol Business News https://ift.tt/3wc2WOj
from Moneycontrol Business News https://ift.tt/3wc2WOj
Summer sales of appliances will offset COVID-19 impact on consumer durables sector: CARE Ratings
Consumer electronics and appliances industry had seen demand contraction in Q1FY21 due to the COVID-19 outbreak and subsequent lockdown restrictions
from Moneycontrol Business News https://ift.tt/2QQng7P
from Moneycontrol Business News https://ift.tt/2QQng7P
Bulls can take control if Nifty goes past 14,900-15,000 in April series, says Gaurav Ratnaparkhi of Sharekhan by BNP Paribas
The short-term correction offers an opportunity to market participants to create fresh long positions in the small and midcap space before the next leg of the rally begins, says Ratnaparkhi.
from Moneycontrol Market Outlook https://ift.tt/31CrdyR
from Moneycontrol Market Outlook https://ift.tt/31CrdyR
Explained: How SWADES Skill Cards are helping jobless Indian expats gain employment
It helps out-of-job Indian citizens returning home to connect with prospective employers. Close to 31,000 returnees have thus far registered under the scheme
from Moneycontrol Business News https://ift.tt/3w87pSa
from Moneycontrol Business News https://ift.tt/3w87pSa
Plant-based meat company raises $335 million
Livekindly makes plant-based protein products, and its brands include Oumph!, The Fry Family Food Co., LikeMeat and No Meat.
from Moneycontrol Business News https://ift.tt/3cwDUlk
from Moneycontrol Business News https://ift.tt/3cwDUlk
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IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP
IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutio...
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The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020...
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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...