SBI appoints Charanjit Attra as CFO, rare lateral hire from private sector for C-suite position
This is a rare lateral hire from the private sector by SBI for a C-suite position. In the past, it has relied on its experienced talent pool of top management
Posted on 1 October 2020 | 11:23 pm
UP police file case against Rahul Gandhi, Priyanka for violating Epidemic Act
The two leaders were detained earlier in the afternoon by UP police as they made their way to Hathras from New Delhi
Posted on 1 October 2020 | 11:02 pm
Coronavirus pandemic | Once a #39;model state#39;, Kerala’s COVID-19 situation is now critical
Kerala now ranks among the top three worst-hit states vis-a-vis the number of new coronavirus cases being reported per million population per week, coming next only to Delhi and Maharashtra
Posted on 1 October 2020 | 10:56 pm
India#39;s exports snap six-month losing streak, rise 5.27% in September
Goyal said this is an indicator of the "rapid recovery" of the Indian economy as it surpasses pre-COVID-19 levels across parameters.
Posted on 1 October 2020 | 10:48 pm
Lionel Messi, Cristiano Ronaldo to renew Champions League rivalry
The draw, held at a television studio in Geneva, produced several other high-profile clashes.
Posted on 1 October 2020 | 10:35 pm
Vodafone Idea gets shareholders#39; nod for increasing borrowing limit, issuance of securities
According to the AGM notice circulated by the company on September 7, the resolution on borrowing powers pertained to raising borrowing limit to Rs 1 lakh crore.
Posted on 1 October 2020 | 10:24 pm
Royal Enfield total sales up 1% in September to 60,041 units
Domestic sales stood at 55,910 units as against 54,858 units in the year-ago month, up 2 per cent, it added.
Posted on 1 October 2020 | 10:09 pm
SEBI extends relaxations to valuation of securities in case of COVID-induced restructuring
SEBI has said that of the two valuation agencies in charge of valuing securities, fund houses must take into account the more conservative valuation of such stressed companies.
Posted on 1 October 2020 | 10:03 pm
Kremlin says Alexei Navalny works with CIA, after he accuses Vladimir Putin of poisoning
The accusation from Kremlin spokesman Dmitry Peskov appears to be the first time the Russian authorities have directly accused Putin#39;s highest-profile critic of working with a foreign intelligence agency.
Posted on 1 October 2020 | 9:57 pm
Business Insight | Why Zomato and Swiggy received notices from Google?
In this edition of Business Insight, Moneycontrol#39;s Shraddha Sharma discusses what this means for the food unicorns and whether Google is coming hard on apps for violating its guidelines
Posted on 1 October 2020 | 9:40 pm
Maharashtra COVID-19 tally crosses 14 lakh; recoveries top 11 lakh
Mumbai city reported 2,352 positive cases during the day, which pushed its overall count to 2,07,620, while 43 fresh deaths raised the toll to 8,972, the official said.
Posted on 1 October 2020 | 9:37 pm
45% population in Mumbai slums have developed COVID antibodies, BMC#39;s second sero survey shows
A serological survey involves testing blood serum of individuals to check for the prevalence of antibodies against an infection.
Posted on 1 October 2020 | 9:34 pm
Exclusive I Goldman Sachs Private Equity in talks to buy minority stake in IPO-bound Biocon Biologics
If the deal — which may value the firm in excess of $3.5 billion — fructifies, it would mark the third successive investment in 2020 for Kiran Mazumdar Shaw-led Biocon Biologics
Posted on 1 October 2020 | 9:29 pm
Likhitha Infrastructure IPO extended until October 7; price band cuts to Rs 116-120 per share
Proceeds of the initial share-sale will be utilised by the company towards its working capital requirements so as to capitalise on the growing demand from the oil and gas sector, and for general corporate purposes.
Posted on 1 October 2020 | 9:20 pm
Indian, Chinese army working to schedule 7th round of military talks: MEA on border standoff
The MEA spokesperson said the two sides reviewed the situation along the LAC and had detailed discussions over it, besides reviewing the outcome of the sixth round of military talks which took place on September 21.
Posted on 1 October 2020 | 9:04 pm
Big Story | Govt does not expect to meet its FY21 disinvestment target of Rs 2.1 lakh crore
How does this reflect on the government’s FY21 revenue? Let’s find out in this edition of Big Story.
Posted on 1 October 2020 | 7:01 pm
September GST collection at Rs 95,480 crore against Rs 86,449 crore in August
Integrated GST (IGST) was Rs 47,484 crore, including Rs 22,442 crore collected on import of goods and Rs 7,124 crore collected as cess (including Rs 788 crore collected on import of goods)
Posted on 1 October 2020 | 3:30 pm
Interview | Whether under Indira Gandhi or current dispensation, cooperative federalism has always meant hierarchical federalism: Rathin Roy
Noted economist and former advisor to PM Narendra Modi, Rathin Roy, also said that the centre’s capacity to engage in forward-looking decision making and to deal with the economic fallout of this crisis, is extremely limited.
Posted on 1 October 2020 | 3:14 pm
Government willing to provide stimulus measures but yet to take call on timing: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharamn said that the COVID-19 pandemic had brought on a challenge unforeseen in India#39;s history and it could not be compared with anything before.
Posted on 1 October 2020 | 3:12 pm
3-Point Analysis | 8 core sector industries continue to contract: Will this delay economic recovery?
Will this delay the economic recovery? Let’s Find out in this edition of 3-Point Analysis.
Posted on 1 October 2020 | 1:32 pm
India#39;s September manufacturing PMI sees fastest pace of growth in over 8 years
The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers#39; Index (PMI) increased from 52.0 in August to 56.8 in September -- highest since January 2012.
Posted on 1 October 2020 | 11:56 am
10 rules that are changing from October 1: All you need to know
Several policy changes will come into effect on October 1, including health insurance cover rules changes, several additions to the tax policy, as well as rules for drivers and car-owners.
Posted on 30 September 2020 | 6:13 pm
Govt gets no bids for two-fifths of coal mines up for auction
"A total number of 82 bids from 46 companies have been received off-line/physically in the office of the nominated authority for 23 coal mines/blocks," the coal ministry said in a statement late on Monday.
Posted on 30 September 2020 | 1:31 pm
Govt may announce H2FY21 borrowing calendar today: Report
The government borrowed Rs 7.7 lakh crore in the first half of 2020-21 after exercising greenshoe options, CNBC-TV18 reported.
Posted on 30 September 2020 | 1:26 pm
India looking to store oil overseas in US, other commercially viable locations: Dharmendra Pradhan
Also, the country has tied up long-term crude oil supplies from the US, Russia and Angola to diversify its import basket beyond its traditional suppliers in the volatile Middle-East.
Posted on 29 September 2020 | 2:25 pm
ICRA revises FY21 GDP forecast, predicts steeper contraction of 11%
ICRA cited the continued rise in COVID-19 cases across the country as the reason for the change in GDP forecast.
Posted on 29 September 2020 | 1:10 pm
ITR filing date for FY18-19: You can still file FY19 income tax return by September 30
ITR filing date: Under section 234A of Income Tax Act, if income tax return is not filed within the due date, then penalty along with interest will be charged, according to I-T law.
Posted on 29 September 2020 | 12:49 pm
Punjab CM Amarinder Singh says his govt will move Supreme Court over new farm laws
Chief Minister Amarinder Singh, along with AICC general secretary and Punjab Affairs in-charge Harish Rawat, Punjab Congress chief Sunil Jakhar along with other leaders on Monday paid tributes to Shaheed Bhagat Singh at Khatkar Kalan village.
Posted on 28 September 2020 | 2:59 pm
Finance Ministry may provide capital support to some PSBs in Q3
Parliament approved Rs 20,000 crore for PSB capital infusion as part of the first batch of Supplementary Demands for Grants for 2020-21 which sought additional spending of a record Rs 2.35 lakh crore primarily to meet expenses for combating the COVID-19 pandemic.
Posted on 28 September 2020 | 1:02 pm
Mauritius buys 6,000 tonnes rice in tender from India, Pakistan
Sellers of rice from India were trading houses Mac Impex and Sukhbir Agro Energy. Sellers of rice from Pakistan were K.K. Rice Mills and Baba Enterprises.
Posted on 28 September 2020 | 12:19 pm
SBI appoints Charanjit Attra as CFO, rare lateral hire from private sector for C-suite position
This is a rare lateral hire from the private sector by SBI for a C-suite position. In the past, it has relied on its experienced talent pool of top management
Posted on 1 October 2020 | 11:23 pm
UP police file case against Rahul Gandhi, Priyanka for violating Epidemic Act
The two leaders were detained earlier in the afternoon by UP police as they made their way to Hathras from New Delhi
Posted on 1 October 2020 | 11:02 pm
Coronavirus pandemic | Once a #39;model state#39;, Kerala’s COVID-19 situation is now critical
Kerala now ranks among the top three worst-hit states vis-a-vis the number of new coronavirus cases being reported per million population per week, coming next only to Delhi and Maharashtra
Posted on 1 October 2020 | 10:56 pm
India#39;s exports snap six-month losing streak, rise 5.27% in September
Goyal said this is an indicator of the "rapid recovery" of the Indian economy as it surpasses pre-COVID-19 levels across parameters.
Posted on 1 October 2020 | 10:48 pm
Lionel Messi, Cristiano Ronaldo to renew Champions League rivalry
The draw, held at a television studio in Geneva, produced several other high-profile clashes.
Posted on 1 October 2020 | 10:35 pm
Vodafone Idea gets shareholders#39; nod for increasing borrowing limit, issuance of securities
According to the AGM notice circulated by the company on September 7, the resolution on borrowing powers pertained to raising borrowing limit to Rs 1 lakh crore.
Posted on 1 October 2020 | 10:24 pm
Royal Enfield total sales up 1% in September to 60,041 units
Domestic sales stood at 55,910 units as against 54,858 units in the year-ago month, up 2 per cent, it added.
Posted on 1 October 2020 | 10:09 pm
SEBI extends relaxations to valuation of securities in case of COVID-induced restructuring
SEBI has said that of the two valuation agencies in charge of valuing securities, fund houses must take into account the more conservative valuation of such stressed companies.
Posted on 1 October 2020 | 10:03 pm
Kremlin says Alexei Navalny works with CIA, after he accuses Vladimir Putin of poisoning
The accusation from Kremlin spokesman Dmitry Peskov appears to be the first time the Russian authorities have directly accused Putin#39;s highest-profile critic of working with a foreign intelligence agency.
Posted on 1 October 2020 | 9:57 pm
Business Insight | Why Zomato and Swiggy received notices from Google?
In this edition of Business Insight, Moneycontrol#39;s Shraddha Sharma discusses what this means for the food unicorns and whether Google is coming hard on apps for violating its guidelines
Posted on 1 October 2020 | 9:40 pm
Maharashtra COVID-19 tally crosses 14 lakh; recoveries top 11 lakh
Mumbai city reported 2,352 positive cases during the day, which pushed its overall count to 2,07,620, while 43 fresh deaths raised the toll to 8,972, the official said.
Posted on 1 October 2020 | 9:37 pm
45% population in Mumbai slums have developed COVID antibodies, BMC#39;s second sero survey shows
A serological survey involves testing blood serum of individuals to check for the prevalence of antibodies against an infection.
Posted on 1 October 2020 | 9:34 pm
Exclusive I Goldman Sachs Private Equity in talks to buy minority stake in IPO-bound Biocon Biologics
If the deal — which may value the firm in excess of $3.5 billion — fructifies, it would mark the third successive investment in 2020 for Kiran Mazumdar Shaw-led Biocon Biologics
Posted on 1 October 2020 | 9:29 pm
Likhitha Infrastructure IPO extended until October 7; price band cuts to Rs 116-120 per share
Proceeds of the initial share-sale will be utilised by the company towards its working capital requirements so as to capitalise on the growing demand from the oil and gas sector, and for general corporate purposes.
Posted on 1 October 2020 | 9:20 pm
Indian, Chinese army working to schedule 7th round of military talks: MEA on border standoff
The MEA spokesperson said the two sides reviewed the situation along the LAC and had detailed discussions over it, besides reviewing the outcome of the sixth round of military talks which took place on September 21.
Posted on 1 October 2020 | 9:04 pm
SBI appoints Charanjit Attra as CFO, rare lateral hire from private sector for C-suite position
This is a rare lateral hire from the private sector by SBI for a C-suite position. In the past, it has relied on its experienced talent pool of top management
Posted on 1 October 2020 | 11:23 pm
India#39;s exports snap six-month losing streak, rise 5.27% in September
Goyal said this is an indicator of the "rapid recovery" of the Indian economy as it surpasses pre-COVID-19 levels across parameters.
Posted on 1 October 2020 | 10:48 pm
Vodafone Idea gets shareholders#39; nod for increasing borrowing limit, issuance of securities
According to the AGM notice circulated by the company on September 7, the resolution on borrowing powers pertained to raising borrowing limit to Rs 1 lakh crore.
Posted on 1 October 2020 | 10:24 pm
Royal Enfield total sales up 1% in September to 60,041 units
Domestic sales stood at 55,910 units as against 54,858 units in the year-ago month, up 2 per cent, it added.
Posted on 1 October 2020 | 10:09 pm
Business Insight | Why Zomato and Swiggy received notices from Google?
In this edition of Business Insight, Moneycontrol#39;s Shraddha Sharma discusses what this means for the food unicorns and whether Google is coming hard on apps for violating its guidelines
Posted on 1 October 2020 | 9:40 pm
Exclusive I Goldman Sachs Private Equity in talks to buy minority stake in IPO-bound Biocon Biologics
If the deal — which may value the firm in excess of $3.5 billion — fructifies, it would mark the third successive investment in 2020 for Kiran Mazumdar Shaw-led Biocon Biologics
Posted on 1 October 2020 | 9:29 pm
Likhitha Infrastructure IPO extended until October 7; price band cuts to Rs 116-120 per share
Proceeds of the initial share-sale will be utilised by the company towards its working capital requirements so as to capitalise on the growing demand from the oil and gas sector, and for general corporate purposes.
Posted on 1 October 2020 | 9:20 pm
India open to launching own mobile app store as start-ups criticise Google
India already runs a mobile app store that lists over 1200 mainly government-backed applications, but also Paytm, and the government could also consider expanding that instead of starting from scratch, the official added.
Posted on 1 October 2020 | 8:49 pm
Copper futures slump 3.56% to Rs 506.50 per kg on weak global cues
In the futures market, copper for October delivery touched an intraday high of Rs 526.50 and a low of Rs 506.20 per kg on the MCX.
Posted on 1 October 2020 | 8:48 pm
Tata Motors reports 5% increase in total sales in July-September quarter
Passenger vehicle industry witnessed recovery in Q2FY21, supported by festive sales in some regions and continued benefit from pent-up demand across the country.
Posted on 1 October 2020 | 8:40 pm
CBI books Hyderabad-based Chadalavada Infratech, its MD for Rs 166 crore SBI fraud
From January 2011, the accounts of the company started becoming irregular and finally declared non performing assets on April 15, 2011, SBI has alleged in its complaint, which is now part of the CBI FIR.
Posted on 1 October 2020 | 8:35 pm
Steel makers can claim duty drawback on supplies through distributors, dealers: DGFT
"Steel manufacturers can also claim duty drawback on steel supplied through their service centres/distributors/dealers/stock yards," according to the notification of the Directorate General of Foreign Trade (DGFT).
Posted on 1 October 2020 | 8:20 pm
Mahindra Mahindra posts 17% rise in tractor sales at 43,386 units in September
The company had sold 37,011 units of tractors in the same month last year, MM said in a statement.
Posted on 1 October 2020 | 7:56 pm
Hyundai Motor India reports 4% increase in total sales in September at 59,913 units
The company had sold 57,705 units in September 2019.
Posted on 1 October 2020 | 7:53 pm
Ashok Leyland reports 5% decline in commercial vehicle sales in September at 8,344 units
Total heavy and medium commercial vehicle sales were down 23 percent at 3,642 units as compared to 4,744 units in the year-ago month, the company said.
Posted on 1 October 2020 | 7:48 pm
