Daily Newsletter

Daily Newsletter
13 February 2023
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 60682.70 (-123.52) NIFTY 17856.50 (-36.95) GOLD (MCX 10 GM) 56780.00 (-72.00) SILVER (MCX 1 KG) 66735.00 (-295.00) USD ($) / INR(Rs) 82.55 (-0.09)
Front Page No breach of law by entities being linked to Adani Group: Mauritius Its market regulator yet to share prelim report with India Going slow: Infosys, Wipro keep Class of 2023 waiting for campus hiring Industry players said IT hiring was not as strong as it was in 2022 Semiconductor chip supply constraints put brakes on auto OEM ramp-up Firms struggle to increase production as supplies yet to fully normalise Sebi board likely to take up Adani stock rout at its meet this week Finance minister Nirmala Sitharaman to address Sebi board as a part of customary practice after presenting the Budget Delhi-Mumbai Expressway, freight corridor to be pillars of progress: PM Modi brings infra in focus ahead of Rajasthan polls, opens first phase of India's longest expressway Greenko lowest bidder for first green hydrogen tender by oil refinery Numaligarh Refinery is setting up a plant with a capacity of 300 kg per hour Aggressive AI play: Amid ChatGPT revolution, govt to upgrade INDIAai National Data Governance Framework to set guidelines and protocols for non-personal data sharing An idea whose time has come: Will NFIR be a game-changer for India? The proposed financial registry will kill information asymmetry, and change the dynamics for every stakeholder in the economy for the better, ... Indian private refiners may gain from EU's ban on Russian oil products Indian refiners can process cheap Russian crude into products, and export to Europe Biggest Aero India set to take off in Bengaluru with self-reliance pitch PM Modi to inaugurate expo in Bengaluru today; 809 companies, including 699 Indian, among exhibitors
Companies Air Asia flight grounded by DGCA in Pune after a tyre found cracked An Air Asia aircraft was "grounded" by the Directorate General of Civil Aviation at a runway in Pune on Sunday after one of the flight's tyres ... Three Adani Group companies pledge additional shares for SBI: Report Three Adani Group companies have pledged additional shares for State Bank of India, days after a scathing report by a US short-seller led to ... Amazon, Flipkart, 20 e-tailors get notice for selling drugs without licence Amazon and Flipkart Health plus are among the 20 online sellers that have been issued show-cause notices by the Drugs Controller General of ... Fusion Microfinance sees asset growth moderating as pent-up demand tapers Expects to NIMs to improve to 11.3-11.5% from 10.3% » Read More Stories in Companies
Economy & Policy FPIs' exodus continues; take out Rs 9,600 cr from equities in Feb One of the prominent reasons for this net outflow is higher valuation of Indian equities as against some of the other comparable markets Investment proposals worth Rs 33.5 trn received in GIS, says CM Adityanath Investment proposals have been made for all 75 districts of Uttar Pradesh in the Global Investors Summit, unlike earlier when investment in the ... March heat to shape up wheat output this year in North India: Experts A significant drop in per hectare yields of wheat for second year this year due to unusually high temperatures could have an impact on Centre's ... India's exports to Turkey may get impacted in short run due to earthquake India's merchandise exports of commodities such as cotton, manmade yarn and textile dyes may be impacted in the short run to earthquake-hit ... » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) Blue Star 1374.00 0.52 Britannia Inds. 4619.05 -0.40 BSE TOP GAINERS Company Price (Rs) Change (%) Aurobindo Pharma 468.80 6.38 Campus Activewe. 419.40 6.12 BSE 52-WEEK LOW Company Price (Rs) Change (%) Aarti Drugs 383.05 0.56 Adani Green 723.90 -4.99 BSE TOP LOSERS Company Price (Rs) Change (%) One 97 650.20 -8.75 Fine Organic 4763.55 -5.59 European banks operating in India seek 2-year breather for ESMA deadline Resolution between ESMA, RBI before May 1, 2023 seen as unlikely Domestic market ownership rises for 5th quarter in a row to 24.44% in Dec The equity ownership of domestic investors, including institutions and high networth individuals, touched an all-time high of 24.44 per cent in ... Six of top-10 firms lose Rs 49,231 crore in m-cap; HUL biggest laggard The combined valuation of six of the 10 most valued firms eroded by Rs 49,231.44 crore last week, with FMCG major Hindustan Unilever taking the ... Macro data, global cues to guide markets this week, say analysts Trading activity in the domestic equity markets this week will be largely driven by inflation data, trend in global markets and foreign fund ... » Read More Stories in Markets
Opinion A question of quorum Understrength CCI undermines business climate Challenging Google New AI-driven search can be disruptive ChatGPT: Driving the world berserk? Or has the world seen things like this before? Adani saga: Easy come, easy go The story of "sudden volatility" isn't so sudden and starts in mid-2020, except that it was upward volatility then The Adani saga: What it means for Indian banks Globally, for infrastructure projects, the construction risk is borne by the bond market; the banks step in at a later stage when they can smell ... ICC guidance papers throw light on LoCs Banks should review their forms and practices based on the recommendations in these papers » Read More Stories in Opinion
Finance Cash recyclers to tango with bank branches: How does this help? The ATM will emerge as a remittances channels, enabling cash drops by customers and cash-outs by recipients of direct benefit transfers The yellow metal can glitter some more With the electronic gold receipts' launch, the gold market will be infused with transparency in spot transactions, enabling India to emerge as ... » Read More Stories in Finance
Technology Data embassies may only be allowed to store non-personal information A senior govt official says MeitY plans to draft a separate Policy for Data Embassies, instead of including it in Digital Personal Data ... WhatsApp rolling out feature to let users share up to 100 media on iOS beta Meta-owned messaging platform WhatsApp is reportedly rolling out a new feature which will allow users to share up to 100 media within the chats, ... » Read More Stories in Technology
PF Mad money: Indulgence that keeps you disciplined Clients with insufficient resources should be allowed a Mad Money Fund, even if it creates the risk they may not be able to meet their goals » Read More Stories in PF
Beyond Business A media mogul's toxic legacy We see in precise detail the misogyny of Redstone's lust as he decides that his wealth and professed love for these women give him something ... » Read More Stories in Beyond Business
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