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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. -
Manufacturing Rises For Third Straight Month, Quickest Pace In 13 Years: Survey
Press Trust of India | Monday November 02, 2020The IHS Markit India Manufacturing Purchasing Managers Index (PMI) rose from 56.8 in September to 58.9 in October and pointed to the strongest improvement in the health of the sector in over a decade. -
Reliance Industries Shares Fall After Profit Declines 15% In September Quarter
Edited by Abhishek Vasudev | Monday November 02, 2020Reliance Industries' group operations and revenue were impacted by the coronavirus pandemic during the quarter, the company said in a press release. -
Auto Shares Subdued Despite Jump In October Sales
Edited by Peter Noronha | Monday November 02, 2020Auto Shares: Maruti Suzuki reported rise of 19.8 per cent in total domestic sales to 172,862 units in October, while domestic sales of M&M and Bajaj Auto rose 1 per cent. -
India's October Joblessness Rate Rises To 6.98%: Private Think-Tank CMIE
Reuters | Monday November 02, 2020The novel coronavirus has infected nearly 8.2 million people in the world's second-most populous nation, hitting large parts of the economy. -
Equitas Small Finance Bank Lists At 6% Discount To Issue Price
Edited by Peter Noronha | Monday November 02, 2020The shares opened at Rs 31, lower by 6.06 per cent on the BSE and at Rs 31.10, lower by 5.76 per cent on the NSE as against the issue price of Rs 33 per share. -
ICICI Bank Shares Jump Nearly 7% After Strong September Quarter Earnings
Edited by Sandeep Singh | Monday November 02, 2020ICICI Bank's net interest income (NII) increased 16.24 per cent to Rs 9,366.09 crore in the quarter ended September 30.
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