Daily Newsletter

Daily Newsletter
23 December 2022
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 60826.22 (-241.02) NIFTY 18127.35 (-71.75) GOLD (MCX 10 GM) 54515.00 (-556.00) SILVER (MCX 1 KG) 68500.00 (-1209.00) USD ($) / INR(Rs) 82.68 (0.04)
Front Page House panel seeks to rein in Big Tech firms with digital competition law The SIDIs would have to submit a report to the CCI every year describing the measures implemented to fulfill their obligations Govt green bonds can be a gauge for pvt sector fundraise: RBI Dy Governor 'Heartening to see banks increasing green exposure' 'Mask up': PM Modi cautions against complacency at crucial Covid meet States told to audit Covid-specific facilities, including hospital infrastructure Amid poor world demand, India has opportunities in developing countries It must push exports of 18 items to developing nations, says report Toy makers face a 'glocal' challenge, but Chinese dependence far from over Local manufacturers have blossomed under new government policy but are yet to significantly move up the quality value chain or reduce dependence ... Russia's Gazprom turns off tap, GAIL's hunt for LNG may continue for a year Its petrochem plant in UP running at 40% utilisation Gulf migrants tapped to smuggle gold, narcotics spike surprise officials The annual report for 2021-22 released by Finance Minister Nirmala Sitharaman goes into granular details of how smuggling has massively ... Four CPSEs extended Rs 2,609 cr worth undue benefits to execs: CAG report The CAG recommended that these CPSEs should discontinue reimbursement of "running and maintenance" expenses of vehicles as it violates DPE ... Asset management companies fear 'transaction fee burden' on margins Online mutual fund platforms are set to get a go-ahead to charge transaction fee IPL brand value almost doubled to $8.4 billion in 2022, shows report Friday will see the IPL player auctions for the 2023 edition kick-off in Kochi
Companies Competition Commission conducts searches at India Cements' Chennai office India Cements Ltd (ICL) on Thursday said fair trade regulator CCI has conducted a "search" at its office in Chennai. The Chennai-based company ... Motorbikes, CVs to lithium-ion cells: Ola Electric's focus for 2023 The SoftBank-backed firm is also on track to bring electric cars to market by 2024 Reliance Infratel goes to Jio for Rs 3,720 crore for asset acquisition The tribunal had asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower ... Google-owned YouTube inks $2 billion a year deal for NFL Sunday Ticket YouTube will pay an average price of about $2 billion a year to secure rights to the NFL Sunday Ticket franchise » Read More Stories in Companies
Economy & Policy UP govt approves Warehousing Logistics Policy 2022; aims for $1 trn economy The Uttar Pradesh government's Cabinet on Thursday approved the 'UP Warehousing and Logistics Policy-2022', state's industrial development ... Centre to convert DAE technologies for societal use launched at BARC Atal Incubation Centre was launched at the Bhabha Atomic Research Centre in Mumbai on Thursday with the signing of agreements to help convert ... MSP for rice rise by 42.64%, wheat by 39% in 8 years of Modi govt: BJP MP BJP MP Jagdambika Pal on Thursday said the minimum support price (MSP) for rice has increased by 42.64 per cent and that of wheat by 39 per cent ... Centre okays GSI's bid to purchase 2 coastal vessels worth Rs 245.07 cr The Centre on Thursday said it has given its go-ahead to a proposal by the Geological Survey of India (GSI) to purchase two coastal vessels ... » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) Abbott India 21835.05 1.49 Jyothy Labs 203.10 1.83 BSE TOP GAINERS Company Price (Rs) Change (%) Ajanta Pharma 1244.25 6.15 Linde India 3499.05 4.58 BSE 52-WEEK LOW Company Price (Rs) Change (%) Borosil Renew. 502.15 -3.39 Brightcom Group 30.10 -5.20 BSE TOP LOSERS Company Price (Rs) Change (%) Thyrocare Tech. 624.15 -10.85 Cochin Shipyard 542.15 -9.25 Equity benchmarks slip for third day, Sensex finishes below 61,000 mark Surrender early gains; banks, automotive stocks among biggest losers NSE gets in-principle nod for Social Stock Exchange as separate entity Leading stock exchange NSE on Thursday said it has received in-principle approval from capital markets regulator Sebi to set-up a social stock ... Strong flu season in US, market share gains positive for Lupin The stock has underperformed peers and the benchmark over the past year Sebi penalises 2 people for insider trading in Deepak Fertilizers shares Capital markets regulator Sebi on Thursday imposed penalties totalling Rs 45 lakh on two individuals for indulging in insider trading in the ... » Read More Stories in Markets
Opinion A tall order Biodiversity targets will be hard to achieve Costs and benefits Cryptos are speculative but underlying tech has merits Quibbles of a media reporter Cinema is the core of India's creative ecosystem feeding TV, OTT, advertising, music and several other businesses The airlines we deserve Two stories this week showed what's wrong with the attitudes of airlines and passengers » Read More Stories in Opinion
Finance YES Bank transfers invoked shares of 7 cos including Dish TV to JC Flowers Yes Bank has transferred invoked shares of seven companies, including Dish TV, Asian Hotels (North) and Avantha Realty, to JC Flowers Asset ... SBI Funds Management appoints Shamsher Singh as new MD, CEO of company SBI Funds Management Ltd on Thursday said it has appointed Shamsher Singh as managing director and chief executive officer of the ... BoM raises Rs 880 crore through bonds; issue subscribed more than 4 times State-owned Bank of Maharashtra (BoM) on Thursday said it has raised Rs 880 crore through Basel III-compliant Additional Tier 1 (AT1) ... Regulatory changes may bring new dawn for insurers: BFSI Summit panelists Globally, insurance is moving to a risk management and a risk service business. India also has to do the same » Read More Stories in Finance
Technology Apollo Hospitals conduct 5G-based tech trial for colon cancer detection Telecom operator Bharti Airtel and Apollo Hospitals have carried out India's first 5G driven, artificial intelligence guided trial to detect ... Come 2023, you will not be able to share Netflix password with others Over 100 million Netflix viewers worldwide reportedly use the service without paying for it Apple on mission to make its AR headsets feel more immersive via gyroscopes Tech giant Apple is reportedly researching how to add gyroscopes to its augmented reality (AR) headsets, providing users continuous haptic ... Quora launches platform 'Poe' for back-and-forth dialogue with AI chatbots Social question-and-answer website Quora has launched a platform called "Poe" that will allow users to ask questions, receive instant answers ... » Read More Stories in Technology
PF File revised income-tax return to correct errors in original ITR by Dec 31 Any refund you are eligible for won't be processed unless you correct the mistakes in your return » Read More Stories in PF
Beyond Business Line of duty Mr Raza is an author, consultant, and poetry aficionado who continues to write and work even in his eighties » Read More Stories in Beyond Business
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