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Sensex, Nifty Rise Over 1% As Banking, Energy Stocks Lead Gains
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 04, 2020Analysts awaited the Reserve Bank of India's policy statement due later this week for cues. -
Infosys Bags Order From National Bank Of Bahrain; Stock Rises 1%
Edited by Peter Noronha | Tuesday August 04, 2020National Bank of Bahrain and Infosys Finacle, a wholly-owned subsidiary of Infosys, announced the bank's decision to adopt the Finacle Cash Management Suite to digitally transform its transaction banking business, Infosys said in a regulatory filing to the stock exchanges. -
Byju's Nears $400 Million Funding, Set To Be Most Valuable After Paytm
Saritha Rai, Bloomberg | Tuesday August 04, 2020The deal values Byju's at $10.5 billion and could be signed as early as this weekend, said the person, who didn't want to be identified as the talks are private. -
Sensex Gains Over 250 Points, Nifty Tops 10,950; Auto Stocks Jump
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 04, 2020Oil futures gave up their overnight gains and fell in Asia due to nagging worries about an increase in the supply of crude. US stock futures were 0.02 per cent higher in Asia. -
No Changes In Petrol, Diesel Prices On Tuesday
Edited by Peter Noronha | Tuesday August 04, 2020In Delhi, the price of petrol stood at Rs 80.43 per litre and that of diesel at Rs73.56 per litre, and at Rs87.19 per litre and Rs80.11 per litre in Mumbai. -
Chinese Artificial Intelligence Company Files $1.4 Billion Lawsuit Against Apple In Patent Fight
Reuters | Tuesday August 04, 2020, Shanghai / San FranciscoIn the lawsuit filed in a local Chinese court, Xiao-i argued that Apple's voice-recognition technology Siri infringes on a patent that it applied for in 2004 and was granted in 2009. -
Sensex, Nifty Likely To Have A Firm Opening
Edited by Peter Noronha (with inputs from agencies) | Tuesday August 04, 2020The domestic stock markets are likely to open on a positive note, post the nearly 2 per cent sell-off witnessed in Monday's session, after strong US manufacturing data lifted the US markets higher. -
India's Electricity Generation Down Nearly 2% In July: Report
Reuters | Monday August 03, 2020Prime Minister Narendra Modi has been citing electricity consumption to show there are "green shoots" in the economy. -
Wockhardt To Supply COVID-19 Vaccines To UK
Reuters | Monday August 03, 2020, BengaluruAstraZeneca has indicated it would need 30 million fill-and-finish doses of their vaccine candidate, which the company intends to supply in the next few months, Wockhardt's chairman said. -
Suzuki First-Quarter Profit Nearly Wiped Out As Coronavirus Hits Sales In India
Reuters | Monday August 03, 2020, TokyoJapan's No 4 automaker posted an operating profit of 1.3 billion yen ($12.29 million), its worst quarterly performance on record, due to plunging car demand in India, its biggest market -
Chinese Artificial Intelligence Company Files $1.4 Billion Lawsuit Against Apple
Reuters | Monday August 03, 2020Xiao-i argued that Apple's voice-recognition technology Siri infringes on a patent that it applied for in 2004 and was granted in 2009 -
Wockhardt To Supply Coronavirus Vaccine To UK Government, Shares Soar 10%
Edited by Sandeep Singh (with inputs from Reuters) | Monday August 03, 2020Wockhardt said it will manufacture the product at its Wrexham, North Wales-based subsidiary, CP Pharmaceuticals. -
Sensex, Nifty Extend Losses To Fourth Day In A Row
Edited by Peter Noronha (with inputs from agencies) | Monday August 03, 2020A selloff in banking and financial services shares pulled the markets lower, however gains in pharmaceutical and metal counters limited the fall. -
Sensex Plunges Over 650 Points Amid Selloff In Banking Stocks
Edited by Sandeep Singh (with inputs from agencies) | Monday August 03, 2020A selloff in banking and financial services shares pulled the markets lower, however gains in select pharma and metal shares limited the fall. -
Rupee Closes Lower By 20 Paise At 75.01 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Monday August 03, 2020The rupee moved in a range between 74.88 and 75.03 against the dollar, before shutting shop near the lowest level recorded during the session.
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