"Our plants are still not fully operational due to lockdown that is ongoing in the states where our plants are located. We expect the opening up announcements by the respective state governments in a phased manner, resulting in impact of our operations in the month of June 2021 also," Ashok Leyland said in a regulatory filing.
The report noted that India is seeking to present that at present the court only has Choksi’s point of view and they be made party to the case since he is an Indian citizen and on the run for money laundering and cheating.
Bitcoin#39;s price is currently $36,908.60, which marks its dominance at 42.21 percent, a decrease of 1.08 percent over the day.
After falling to a 7-month low in March, manufacturing PMI had improved slightly in April. But as production tumbled in May and finances remained stressed, manufacturing companies again cut jobs. This was the 14th straight month of job losses in a row.
Home delivery of liquor will be allowed only if the order was placed through a mobile app or an online web portal. No delivery will be made to hostels, offices and institutions.
More than 300 creators have been ‘whitelisted’ to release their art on the marketplace.
Here#39;s what Vikas Jain of Reliance Securities recommends investors should do with these stocks when the market resumes trading today
Shorter-term corrections are part and parcel of markets. However, while investing, one should be focussed on how the economy and companies are likely to perform from a longer-term perspective, saif Sanghavi.
The terms of the deal couldn#39;t be learned, the report said, adding that the company has a market value of nearly $4 billion.
Experts largely look confident about a recovery in automobile sales from the second quarter of FY22 onwards, as restrictions are likely to be lifted. One brokerage sees a strong cyclical upturn that will last at least three years.
The latest round of FICCI’s Business Confidence Survey showed that the Overall Business Confidence Index nosedived and stood at 51.5 in the current round after reporting a decadal high value of 74.2 in the previous survey round.
The market momentum is likely to continue and the index is inching towards the 16,000 mark, say experts. The index has broken out of a long consolidation, they say.
Sale of anti-COVID drug Fabiflu and other products fire Q1 revenues; the company spends little over $100 million annually on innovation RD business, bigger than most of its peers, developing a potential pipeline of drug assets
Following this relentless upmove both the small midcap Indices seem to be losing a bit of the momentum as they are approaching rising channel resistances, says Agarwala.
Airtel has partnered with Apollo Hospitals to vaccinate its employees and their dependent family members. The programme is already underway, with camps being set up in 35 cities across India. The telco is bearing the cost of the vaccination drive.
Intel CEO Pat Gelsinger noted that the work and study-from-home trends during the COVID-19 pandemic have led to a "cycle of explosive growth in semiconductors" that has placed huge strain on global supply chains around the world.
"Raymond Ltd strengthened its executive leadership team with the appointment of Harmohan Sahni as chief executive officer of its realty business. An industry stalwart, Harmohan was till recently the COO of Real Estate business of ECL Finance Ltd (Edelweiss Group) and has enormous experience in executing projects," Raymond said in a statement.
Paytm IPO: If the share sale goes through, this would be SoftBank’s largest exit in India after Flipkart.
A 30-year veteran of BNP Paribas, he has served as CEO of BNP Paribas India branches and led CIB in India since December 2019.
Fixed deposit rates: State Bank of India (SBI), ICICI Bank, HDFC Bank and Kotak Mahindra Bank offer FD tenures ranging from 7 days to 10 years.
Traders should watch out for levels of 15,450-15,470; if Nifty manages to keep its head above this resistance it will be on course to test levels of 15,780-16,220, suggest experts.
The company, which opened a new showroom with sales, service and spares support in Baghdad, said it will launch its commuter motorcycle TVS StaR HLX 150 5 Gear and three-wheeler TVS King Deluxe Plus in that market.
In a regulatory filing the company said the order is for part design and construction of balance works of Mumbai Metro Rail project.
Owing to vaccine shortage, in March, India had put a temporary hold on all major exports of the AstraZeneca coronavirus vaccine to meet demand at home as infections rise.
While the average production rate of Mahindra Thar hovers around 3,000 units per month, it gets twice the number of bookings here, stretching the waiting period.
The Adani Group won operating contracts for the previously government-run Ahmedabad, Guwahati, Jaipur, Lucknow, Mangalore and Thiruvananthapuram airports for 50 years in 2019.
During the second COVID-19 wave, passenger traffic has fallen to less than 10 percent as compared to the pre-COVID levels, SpiceJet told employees.
With structural improvement in the economic growth and improving quality of earnings growth, market should hopefully mirror the same going forward, says Janakiraman.
Nithin clarified this is an enabling resolution that allows them as working promoters to draw salaries up to 100 crores in case of liquidity requirements.
For Indian equities, the long-term structural liquidity support is hard to ignore and any correction will therefore be short-lived
Cash withdrawal for self (using a withdrawal form) along with a Savings Bank passbook has been increased to Rs 25,000 per day.
Since May 3, fuel prices have cumulatively jumped by Rs 3.83/litre for petrol and Rs 4.42/litre for diesel after a series of consecutives price hikes over the month.
Given mismatch in financial figures, the market will reflect premium valuation during the pandemic period till economy growth rate stabilise.
If you cannot handle a sharp drop of 10-15 percent, lighten up. Remember investing is not a game of T20 cricket, where you need to hit every ball… markets will give you enough “full-toss†balls to hit.
Once 15700 is breached on the upside a move till 15850-15950 cannot be ruled out but that will happen only above 15700. During the next week if the index falls below 15400 it may move southwards till 15250.
Considering the breakout on May 28 from this broad range we could expect 1000 points upside from the 15,400 mark. In such a scenario 16400 could be the target for a few months. The support for the index is placed at the 15,000 mark.
An amount of $126 million was invested by Fidelity, followed by $75.6 million added by Gamnat Pte Ltd, $50 million by Chimera Investments and $25 million was put in by Pacific Horizon Trust, a report claimed.
In April, the total net outflow from the Indian capital markets (both equity and debt) stood at Rs 9,435 crore. Choksi is wanted in India in connection with a Rs 13,500-crore loan fraud in Punjab National Bank. He had been living in Antigua and Barbuda for the last three years after fleeing India before the fraud came to light.
Quarantine facilities have been made available from Eastern to Southern India while tie-ups with 144 hospitals have been made to provide medical care to the infected workforce, the company claimed.
Having addressed the supply chain issues that plagued it last year, Mercedes-Benz India is also sticking to its original plan to bring 15 new products in the market this year despite the launch of its SUV GLA delayed by almost a month due to fresh surge in COVID-19 cases in April.
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The government also removed the loan outstanding ceiling of Rs 500 crore on sectors like hospitality, travel and tourism, leisure and sporting, and civil aviation, which means that even bigger entities with even higher outstanding loans in these sectors can avail of the ECLGS scheme.
Anand Mahindra called the financial impact of the pandemic a “harsh reality of lives vs livelihood†and said that “more lives will be ruined if economic activities continue to be frozen†due to coronavirus-enforced lockdown even if the restrictions had saved people#39;s lives.
Lottery Sambad Result: The first prize winner of the #39;Dear Bangasree Ichamati#39; lottery will take home Rs 50 lakh
Coronavirus News Highlights: The total number of COVID-19 vaccine doses administered in India has crossed 21.2 crore, according to the Union Health Ministry.
The freight train on Saturday which achieved the highest speed completed its 351 km journey in three hours and twenty minutes.
The capital is to be raised in one or more tranches, subject to the approval of the members of the bank at the ensuing Annual General Meeting and any other approvals, it said.
The bullion metal has been trading higher than 20, 50 and 100 days#39; moving averages but lower than the 5 and 200 days’ moving averages on the daily chart.
Battered by the pandemic in 2020 and an economic slowdown in 2019, passenger vehicle sales in India fell to 2.7 million units in the last fiscal year - their lowest level in six years and well below the peak of 3.4 million units in fiscal year 2019.
