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Sterlite Technologies To Acquire Italy-Based Optotec; Stock Gains Over 2%
Edited by Peter Noronha | Tuesday November 03, 2020"STL...today announced the signing of definitive agreements to acquire Optotec S.p.A, a leading optical interconnect products company based in Italy," Sterlite Technologies said in a regulatory filing to the stock exchanges. -
Jeff Bezos Vs Mukesh Ambani As Amazon Disputes India Retail Deal
Andy Mukherjee | Bloomberg | Tuesday November 03, 2020The actual quarrel is only interesting when you read between the lines of the claims and counterclaims. -
Twitter Board Expressses Confidence in Chief Jack Dorsey After Ouster Bid
Agence France-Presse | Tuesday November 03, 2020, San FranciscoTwitter in March made a deal with key investors to end an effort to oust Jack Dorsey, creating a new committee on the board of directors to keep tabs on company leadership. -
Market Latest Updates: Sensex Jumps Over 450 Points Amid Gains Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Tuesday November 03, 2020Share Market Latest Updates: ICICI Bank, Tata Motors, State Bank of India, HDFC Bank and Tata Steel - trading between 2.16 per cent and 3.72 per cent higher - were the top Nifty gainers. -
Petrol, Diesel Prices Unchanged On Tuesday
Edited by Peter Noronha | Tuesday November 03, 2020Fuel Price in India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre, and diesel at Rs 70.46 per litre on November 3, according to Indian Oil Corporation notifications. -
Sensex, Nifty Likely To Open Higher
Edited by Peter Noronha (with inputs from agencies) | Tuesday November 03, 2020Stock Market Update: Asian shares looked set to climb on Tuesday as investors shrugged off U.S. election jitters and took hope in strong factory output data in China, Europe and the United States. -
Vedanta, Hindalco Among Winners Of Coal Mine Auctions
Reuters | Monday November 02, 2020The bidders who qualify then submit financial bids in which they detail what percentage of revenue would be paid to the government -
Mukesh Ambani Loses $7 Billion As Oil Sinks Reliance Shares
P R Sanjai, Bloomberg | Monday November 02, 2020The slip in earnings backs Mr Ambani's strategy and highlights the increasing need for Reliance to reduce its dependence on the energy sector. -
Gold Price Today: Domestic Gold Futures Gain By Over Rs 150, Reclaim Rs 50,850 Mark
Edited by Sandeep Singh (with inputs from agencies) | Monday November 02, 2020Gold Price In India Today: MCX gold futures ended 0.38 per cent higher at Rs50,890 for the day. -
Adani Group Takes Over Lucknow Airport Operations
Press Trust of India | Monday November 02, 2020The central government in February 2019 privatised six major airports of the country, namely, Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. After a competitive bidding process, the Adani group won the rights to run all of them for 50 years. -
Trading Hours For RBI-Regulated Markets To Be Restored In Phased Manner
Edited by Sandeep Singh | Monday November 02, 2020The development is in line with easing of restrictions imposed in late March to curb the COVID-19 pandemic. -
Mahindra & Mahindra Domestic Sales Rise 1% In October, Shares Gain
Edited by Nikita Prasad | Monday November 02, 2020M&M reported a 3 per cent rise in overall auto sales, including passenger vehicles, commercial vehicles and exports, at 44,359 units in October 2020, compared to 51,896 units in October 2019. -
Centre Extends Emergency Credit Line Guarantee Scheme For Small Businesses By One Month
Edited by Peter Noronha | Monday November 02, 2020The Centre had announced ECLGS as part of Aatma Nirbhar Bharat Package to provide credit to MSMEs, business enterprises, individual loans for business purposes and MUDRA borrowers. -
Sensex, Nifty Snap Three-Day Losing Streak Led By Banking Shares
Edited by Abhishek Vasudev | Monday November 02, 2020IndusInd Bank was top Nifty gainer, the stock rose over 6 per cent to close at Rs 623.45 after its asset quality improved in September quarter. -
Sensex, Nifty Gain; ICICI Bank Rallies, Reliance Industries Falls After Q2 Earnings
Edited by Abhishek Vasudev | Monday November 02, 2020Eleven of 19 sector gauges compiled by the BSE were trading lower led by the S&P BSE Oil & Gas index's over 5 per cent fall.
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