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World's Top 10 Airline Stocks Are All Chinese, Except One
Bloomberg News | Wednesday September 09, 2020Chinese carriers haven't been immune to the crisis, but they've managed to recover much faster thanks to a vast domestic market. -
Astrazeneca Pharma India Shares Dive Nearly 7% As Vaccine Trials Paused
Edited by Peter Noronha | Wednesday September 09, 2020The parent company AstraZeneca "voluntarily paused" a randomized clinical trial of its coronavirus vaccine asa volunteer developed an unexplained illness. -
Sensex Slumps Over 400 Points, Nifty Below 11,200; Banking, Metal Shares Worst Hit
Edited by Abhishek Vasudev | Wednesday September 09, 2020Banking shares were worst hit in trade so far as the Nifty Bank index slumped over 2 per cent. -
USD-INR Rate Today: Rupee Extends Losses To Third Straight Day, Slides To 73.75 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Rupee Vs Dollar Today: At 12:02 pm, the rupee traded seven paise lower - 0.10 per cent - at 73.67 against the US currency. -
Crude Oil Extends Fall As Demand Worries Mount
Reuters | Wednesday September 09, 2020, TokyoThe global health crisis continues to flare unabated with coronavirus cases rising in India, Great Britain, Spain and several parts of the United States. -
Route Mobile IPO Opens For Subscription. Here's What Brokerages Have To Say
Edited by Peter Noronha | Wednesday September 09, 2020Route Mobile IPO Opens Today: The Rs 600 crore public issue will be open for three trading days till September 11, at a price band at Rs 345-350 per share. -
Mukesh Ambani's Reliance Retail Unit Sells 1.75% Stake To US' Silver Lake
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) said on Wednesday that the US-based Silver Lake will invest Rs 7,500 crore in its subsidiary, Reliance Retail Ventures. Silver Lake's investment will translate into a 1.75 per cent stake in RRVL, the conglomerate said in a regulatory filing at the start of market hours. The deal is likely to bolster RIL's retail presence in the domestic market. Reliance Industries said the transaction, subject to regulatory approvals, values Reliance Retail Ventures at an equity value of Rs 4.21 lakh crore. -
Mukesh Ambani's Reliance Retail Ventures To Get Rs 7,500 Crore Investment From US-Based Silver Lake
Reuters | Wednesday September 09, 2020, BengaluruThe investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore, Mumbai-based Reliance said in a regulatory filing. -
Gold Price Today: Domestic Gold Futures Crack Below Rs 51,050 Mark On Dollar Strength
Wednesday September 09, 2020Gold Price Today: At 1:10 pm, the MCX gold futures contract quoted at Rs 51,134, down Rs 219 - or 0.43 per cent - from its previous close of Rs 51,353. -
Reliance Jio To Roll Out 10 Crore Low-Cost Phones By December: Report
Reuters | Wednesday September 09, 2020, BengaluruMukesh Ambani had said in July that Google would build an Android operating system (OS) to power a low-cost "4G or even 5G" smartphone that Reliance Industries would design. -
Silver Price Today: Domestic Silver Futures Tumble Over 1% As Dollar Firms, But Hold Rs 67,550 Mark
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Silver Rate Today: At 1:10 pm, the MCX silver futures contract quoted at Rs 67,966, down Rs 528 - or 0.77 per cent - from its previous close of Rs 68,494. MCX gold futures - due for a delivery on October 5 - declined as much as 0.61 per cent to Rs 51,039. -
Ashok Leyland Chairman Emeritus RJ Shahaney Dies
Press Trust India | Wednesday September 09, 2020, ChennaiMr Shahaney was the Chennai-based company's first Managing Director, and served in that capacity between 1978 and 1998 and later as chairman till 2010. -
All You Need To Know About Oil Price Today
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Crude Oil Rate Today: The Intercontinental Exchange's Brent futures are considered a benchmark for global oil markets, besides the New York Mercantile Exchange's WTI crude futures. -
Sensex Falls Over 250 Points Tracking Global Markets; Nifty Near 11,250
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Equities elsewhere in Asia fell after a rout of technology shares pulled Wall Street for the third day in a row. -
Petrol, Diesel Prices Remain Unchanged On Wednesday
Edited by Peter Noronha | Wednesday September 09, 2020In Delhi, the price of petrol was maintained at Rs82.08 per litre and diesel rates were steady at Rs 73.16 per litre, according to Indian Oil Corporation.
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