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Mid, Small Cap Shares Rally After SEBI Tweaks Norms For Multi Cap Funds
Edited by Abhishek Vasudev | Monday September 14, 2020The Nifty Midcap 100 index surged as much as 3.32 per cent and Nifty Smallcap 100 index rallied as much as 5.56 per cent. -
HCL Tech Soars To Record High After IT Major Raises September Quarter Revenue Outlook
Edited by Sandeep Singh | Monday September 14, 2020HCL Technologies (HCL Tech) said it expects its revenue and operating "to be meaningfully better than the top end" of the guidance provided in July 2020. -
S&P Expects India's Economy To Contract 9% In Fiscal 2021
Reuters | Monday September 14, 2020S&P joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction. -
Government Seeks Rs 1.67 Lakh Crore In Additional Budgetary Spending
Reuters | Monday September 14, 2020Union Government sought an additional Rs 46,602 crore to transfer to states and Rs 10,000 crore more for its food subsidy scheme. -
Wholesale Inflation At 0.16% In August, Versus -0.58% In July
Edited by Abhishek Vasudev | Monday September 14, 2020Wholesale prices rose 0.16 per cent in August as against deflation of 0.58 per cent in the previous month. -
Computer Age Management Services IPO Coming Soon. Here Are Things To Know
Edited by Peter Noronha | Monday September 14, 2020The IPO will open on September 21 and close on September 23, and will be available at a price of Rs 1,250 per share. -
Google, Facebook And Others Can't Bypass Mukesh Ambani In India
Ari Altstedter and P R Sanjai, Bloomberg | Monday September 14, 2020The 63-year-old Indian tycoon has identified technology and retail as future growth areas in a pivot away from the energy businesses. -
Mukesh Ambani's $2 Chutzpah Unlocks Another Fortune
Andy Mukherjee | Bloomberg | Monday September 14, 2020Covid-19 has been a shot in the arm for Reliance, despite retail Ebitda of only $145 million in the June quarter, a 47 per cent drop from last year. -
From Veggie Tacos To Health Care, Dabur Billionaire's Sprawling Bets
Alex Sazonov and Blake Schmidt, Bloomberg | Monday September 14, 2020Burman Family Holdings' investments range from "promising" domestic startups like DMI Finance to global companies such as Yum! Brands Inc.'s Taco Bell and Aviva Plc. -
77-Year-Old Entrepreneur's Bengaluru-Based Start-Up Hits IPO Jackpot
Saritha Rai and Ronojoy Mazumdar, Bloomberg | Monday September 14, 2020Happiest Minds Technologies' IPO got bids for 3.51 billion shares versus the 23.3 million on offer, ranking it among India's most successful first-time share sales of this decade. -
Apple iPhone Makers May Be Gainers In $6.6 Billion India Plan: Report
Saritha Rai, Bloomberg | Monday September 14, 2020At a cabinet meeting on Wednesday, the government is expected to approve a plan aimed at bringing $150 billion in mobile-phone production over the next five years. -
Sensex Jumps Over 300 Points, Nifty Crosses 11,500 Amid Gains Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Monday September 14, 2020Share Market Updates: Asian share markets firmed on renewed hopes for a coronavirus vaccine after AstraZeneca resumed its Phase 3 trial. -
Petrol, Diesel Prices Cut By 13-16 Paise On Monday
Edited by Peter Noronha | Monday September 14, 2020In Delhi, the prices of petrol were slashed to Rs 81.72 from Rs 81.86 per litre and diesel rates were cut to Rs 72.78 from Rs 72.93 per litre, according to Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Firm Start
Edited by Peter Noronha (with inputs from agencies) | Monday September 14, 2020The domestic stock markets are likely to open in the green, following positive Asian cues, as hopes of a coronavirus vaccine have been rekindled across the world. -
Central Board Of Direct Taxes Deploys Two-Third Staff For Faceless Assessment
Asian News International | Sunday September 13, 2020, New DelhiFaceless Assessment Scheme was inaugurated as Phase 1 on October 7, 2019, with 58,320 assigned cases. On August 13 this year, Prime Minister Narendra Modi launched the platform for transparent taxation.
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