Daily Newsletter

Daily Newsletter
6 December 2022
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 62834.60 (-33.90) NIFTY 18701.05 (4.95) GOLD (MCX 10 GM) 53527.00 (-323.00) SILVER (MCX 1 KG) 65302.00 (-1147.00) USD ($) / INR(Rs) 81.18 (-0.23)
Front Page Exit polls predict comfortable wins for BJP in Gujarat, AAP in MCD Himachal headed for a tight finish between BJP and Congress Infra recognition key point in FBIL spat with regulators abroad: RBI Dy Guv RBI in talks with ESMA, BoE on CCIL de-recognition; will find resolution India Inc's profit declines sharply to 3.48% of GDP in Q2 of FY23 Ratio for manufacturing firms at 9-quarter low of 0.93% Price war begins for Novartis cardiac drug as JB Pharma cuts rate by 50% Novartis' blockbuster drug is set to lose patent in Jan; JB Pharma, one of the four marketers in India of generi versions, has slashed the price ... Meta, Bharti Airtel to bring 'world's longest' subsea cable to India World's longest subsea cable system aims to provide faster internet to almost 3 billion people Adani group becomes single-largest shareholder in NDTV with 37.4% stake Conglomerate can now propose reconstitution of board, say proxy advisory firms Free riders vs piggy-riders: A tale of two cities caught in an OTT debate The debate over whether over-the-top services should pay telcos user revenues bids fair to overlap with the issue of net neutrality Mulling an IPO for Ola ride-share business next year, says Bhavish Aggarwal 'Looking at synergies with EV business, will announce details soon' GSTN in AA network: Operational costs of banks expected to come down GSTN is expected to go live on AA network in late January or early February, people aware of the development say Cash turnover up 17% in Nov: In buoyant mkt, trading volume sees recovery The ADTV for the futures and options segment (both NSE and BSE combined) stood at Rs 147.5 trillion - a gain of 2 per cent MoM
Companies Dhunseri Tea to acquire two estates from Apeejay Tea in Assam's Tinsukia The acquisition would give Dhunseri a bigger pie in Assam's tea market Indian ad industry's revenue growth will rise to 16.8% in 2023: Report Indian advertising industry's revenue growth will accelerate to 16.8 per cent in 2023, a report said on Monday. The advertising industry in the ... TVS Motor Company promoter entity sells 2.56 million for Rs 262 cr A promoter entity of TVS Motor Company on Monday offloaded 25.69 lakh shares of the company for Rs 262 crore through an open market ... Good Glamm Group acquires majority stake in Twinkle Khanna's Tweak India The Good Glamm Group has announced the acquisition of 51 per cent in Tweak India, a digital media company founded by Twinkle Khanna, in a cash ... » Read More Stories in Companies
Economy & Policy Scam in cooperative bank: ED has attached assets worth Rs 30 crore The Enforcement Directorate (ED) has attached assets worth Rs 30.70 crore of Bijoy A K, the commission agent of Karuvannur Service Co-operative ... India shares a list of products with Moscow for access to Russian market Moscow had sent India a list of more than 500 products for potential delivery E-Visa facility resumes again for UK nationals travelling to India For the first time since March 2020, India is all set to resume the e-Visa facility for UK citizens travelling to India, the High Commissioner ... 'Fake currency, terror financing should be tackled', Centre to SC on DeMo Fake currency, terror financing and black money are three evils and are like 'Jarasandha' (an antagonist in Mahabharat) and should be cut into ... » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) Aditya Birla Cap 158.60 4.62 Apollo Tyres 318.90 -0.08 BSE TOP GAINERS Company Price (Rs) Change (%) JK Lakshmi Cem. 825.00 10.13 Advanced Enzyme 307.55 8.48 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) Brightcom Group 33.75 -5.73 Gujarat Fluoroch 3248.75 -5.58 Sensex slips nearly 34 points on profit taking in oil, auto stocks Among the Sensex pack, Reliance Industries, Tech Mahindra, UltraTech Cement, Dr Reddy's, Axis Bank, Bharti Airtel, Bajaj Finserv and Mahindra & ... IT sector may be ripe for cherry picking; analysts more positive on Infosys Investors though should be selective; analysts more positive on Infosys and Persistent Systems Mutual funds' new-age technology schemes prove to be a non-starter Despite several innovative tech FoF applications with Sebi, only one hits the market Morgan Stanley upgrades Chinese equities as country eases Covid curbs Economic recovery likely to be bumpy as earnings pressure continues, says brokerage » Read More Stories in Markets
Opinion Carbon sinks: The good and the bad The oceans have caught the attention of climate policymakers, but many of their ideas are too radical A slow and flawed transition The developed world's energy transition efforts are making the problem worse by moving energy-intensive manufacturing to the developing world DESH & 'videsh' The proposed Bill will create asymmetries Growth restrictions Limits on digital payments should be avoided » Read More Stories in Opinion
Finance South Indian Bank's move on tier-2 bond won't disrupt sector: Fitch Lender decision to not redeem the bonds does not indicate any weakness in capital position, says ratings agency SBI's personal banking advances excluding home loans cross Rs 5 trn mark SBI on Monday announced that its personal banking advances excluding high value home loans have crossed the Rs 5 lakh-crore mark. The largest ... Digital payments in India touch Rs 38.3 trn at over 23 bn transactions The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobile wallets, and prepaid cards logged 23.06 bn ... Will RBI devise rules to regulate public sector banks amid rising scams This has obviously made things lopsided when it comes to governance of Indian banks. For instance the Reserve Bank of India can issue guidelines ... » Read More Stories in Finance
Technology Web3, ChromeOS scams to dominate online threat landscape in 2023: Report Security software company McAfee on Monday released its cyber threat predictions in which it predicts that Web3 and ChromeOS scams will dominate ... Google releases Android 13 OS for smart TV with improved performance For a more reliable playback experience, users can now change the default resolution and refresh rate on supported HDMI source devices Microsoft Teams gets instant polls, schedule send, other features: Details From instant polls to schedule message, unread toggle, and schedule send, Microsoft rolled out several feature updates for its ... Google working to speed up install times of Pixel software update Google is also working on a compression approach to accelerate the installation of OTA updates on hardware » Read More Stories in Technology
PF Professionals serving affluent clients must buy bigger indemnity covers They should avoid professional indemnity policies with sub-limits or high deductible » Read More Stories in PF
Beyond Business The shifting local language mediascape Mrinal Pande's books offers a bird's-eye view of India's language mediascape, its heft and business potential » Read More Stories in Beyond Business
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