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Saudi Arabia's Investment Fund To Invest Rs 9,550 Crore In Mukesh Ambani's Reliance Retail Ventures
Edited by Nikita Prasad | Thursday November 05, 2020Public Investment Fund (PIF) of Saudi Arabia will invest ₹9,555 crore for an equity stake of 2.04 per cent in Reliance Retail Ventures Limited (RRVL). -
Banks Show Revival In Loan Growth Amid Concerns
Reuters | Thursday November 05, 2020Several lenders including State Bank of India, the country's largest lender and HDFC Bank, India's most valuable bank by market capitalisation saw demand for housing and vehicle loans return to near pre-pandemic levels in the quarter ended September. -
As Sales Decline, Suzuki Expects Annual Profit To Shrink By A Quarter
Reuters | Thursday November 05, 2020Suzuki's Indian car sales in the first half of the year fell 36 per cent to 432,000 vehicles, and dipped in other markets, including Japan, Indonesia, and Europe as people stay away from dealerships. -
PVR, Inox Share Prices Settle At Record High As Cinema Halls Reopen in Maharashtra
Edited by Nikita Prasad (with inputs from agencies) | Thursday November 05, 2020During the day, PVR share price surged 9 per centto₹1,212.50 apiece while those of Inox Leisure jumped over 5.5 per cent to ₹279.40 apiece.The Maharashtra government has allowed cinema halls, multiplexes as well as drama theatres to operate with a 50 per cent seating capacity. -
Sensex, Nifty Settle Near Nine-Month Highs On Broad-Based Buying Interest
Written by Abhishek Vasudev | Thursday November 05, 2020Mid- and small-cap shares witnessed strong buying interest as S&P BSE MidCap and S&P BSE SmallCap indices also rose nearly 2% each. -
Loan moratorium: RBI Urges Top Court To Lift Interim Order Banning Declaration Of Bad Loans
Press Trust of India | Thursday November 05, 2020In a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim order on September 3. -
Food Price Index Rises In October For 5th Straight Month: UN Agency
Reuters | Thursday November 05, 2020The Food and Agriculture Organization's food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 100.9 points last month, the highest since January, versus a slightly revised 97.8 in September. -
Sensex, Nifty Scale 9-Month Peaks As Markets Extend Rally To Fourth Day
Edited by Sandeep Singh (with inputs from agencies) | Thursday November 05, 2020Extending a rally for the fourth day in a row, domestic stock markets registered sharp gains on Thursday, with benchmark indices hitting their highest levels recorded in nine months. The S&P BSE Sensex index surged 727.84 points - or 1.79 per cent - to touch 41,343.98 at the strongest level during the session. The broader NSE Nifty 50 benchmark jumped to as high as 12,115.25, adding 206.75 points to its previous close. Those marked the highest intraday levels of both indices since February 20. -
Sensex, Nifty Surge To Nine-Month Highs On Broad-Based Buying Interest
Edited by Abhishek Vasudev (with inputs from Reuters) | Thursday November 05, 2020The Sensex rose as much as 728 points and Nifty 50 index moved above its important psychological level of 12,100. -
All You Need To Know About Latest IRCTC Ticket-Booking Rules
Edited by Nikita Prasad | Thursday November 05, 2020IRCTC E-Ticket Booking Rules: The decision to prepare the second reservation chart at least 30 minutes before the trains departure was taken as per the request of the zonal railways for ensuring the convenience of passengers. -
How World's Biggest IPO Unraveled In A Chaotic 72 Hours
Bloomberg News | Thursday November 05, 2020Shares of Alibaba Group Holding Ltd., which owns about a third of Ant, tumbled more than 8% on Tuesday in New York for the steepest drop in five years. -
HPCL Gains After Profit More Than Doubles In Q2; Announces Share Buyback Proposal
Edited by Abhishek Vasudev | Thursday November 05, 2020HPCL'saverage gross refining margin during the six months ended September 30, 2020 was $2.58 per barrel. -
Supreme Court Adjourns Hearing On Loan Relief To November 18
Edited by Peter Noronha | Thursday November 05, 2020Supreme Court on Loan Moratorium: The top court agreed to defer the hearing after the centre informed it that the Solicitor General was presenting arguments in the Central Vista case before another bench of the top court. -
Election Results Awaited, But Zuckerberg, Bezos Have Already Gained Big
Sophie Alexander, Tom Maloney and Devon Pendleton, Bloomberg | Thursday November 05, 2020Across the board,167 U.S. billionaires gained $57.4 billion on Wednesday as investors bid up stocks, sending major averages to the biggest rallies in five months. -
Petrol, Diesel Prices Unchanged On Thursday
Edited by Peter Noronha | Thursday November 05, 2020In Delhi, the price of petrol remained at Rs81.06 per litre, and diesel at Rs 70.46 per litre on November 4, according to Indian Oil Corporation.
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