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  • Dutee Chand anchored India A women's 4x100m relay team to gold medal with a national record of 43.37 seconds in the one-day Indian Grand Prix IV here on Monday.
  • The IT Ministry is likely to issue FAQs pertaining to the new intermediary rules in the next 1-2 weeks, a source said. The Frequently Asked Questions (FAQs) would touch upon various aspects of the new rules, including the measures, how the norms would benefit users of social media platforms, and any other clarification that stakeholders may have. The FAQs are currently being worked on and are likely to be issued in 1-2 weeks, the source in the IT Ministry said, adding that the set of FAQs would address 10-20 questions. The new IT rules for social media companies, which came […]
  • Jaiprakash Associates Ltd (JAL) on Monday reported a decline of 86.2 per cent in its consolidated net profit to Rs 424.41 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 3,068.10 crore in the January-March quarter a year ago, JAL said in a BSE filing. However, its revenue from operations was up 34.18 per cent at Rs 2,517.20 crore during the quarter under review as against Rs 1,876.03 crore in the corresponding period last fiscal, the company said. Its total expenses were at Rs 2,212.43 crore, down 4.76 per cent in […]
  • The United World Wrestling(UWW) has announced seeding for the Tokyo Olympics in different weight categories of men's freestyle.India's top hope for the Olympic medal in Tokyo, Bajrang Punia, is seeded second in the 65kg weight category by UWW behind the top-seeded Russian Gadzhimurad Rashidov.Wrestler Bajrang Punia is in Russia as part of training for the showpiece event.Bajrang has chosen Russia because of two reasons — first, he will get a chance to spar with experienced and champion wrestlers there, and second, because of the quarantine rules of Poland, where the rest of the Indian team is based."In Poland, you had […]
  • Bizongo, a B2B platform for unbranded goods, on Monday said it has created an advisory board and onboarded Asian Paints Vice Chairman Manish Choksi to the panel. The industry veteran brings with him over three decades of entrepreneurial and leadership experience in strategic integration of technology with a sharp focus on business expansion and growth across global markets, a statement said. Bizongo, which recently closed its series C funding of USD 51 million, is gearing to transform into a sustainable global institution as it expands in emerging markets of South East Asia, such as Thailand, Indonesia, Malaysia and Vietnam and […]
  • Maharashtra on Monday reported 6,270 new coronavirus cases, a four-month low daily count, taking its COVID-19 tally to 59,79,051, while 94 deaths pushed the toll to 1,18,313
  • Grofers on Monday said it will offer a 33 per cent hike in salary to its tech team effective July, along with a "hefty ESOP allocation" as the online grocery delivery platform looks to retain staff and woo more tech talent. The SoftBank-backed company, which plans to launch an initial public offering (IPO), also hinted that it has secured a new funding round. "After coming out of the second wave, and at a point where our next funding round is secure, I think it is time to kickstart a lot of initiatives that I have been waiting for the right […]
  • State-owned Indian Bank on Monday launched its qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore, setting the floor price at Rs 142.15 per share.
  • The Netherlands scored a convincing 3-0 win over North Macedonia to end their Group C campaign with an all-win record and enter the pre-quarterfinals of Euro 2020.
  • Peru beat Colombia 2-1 to keep alive its chances of advancing to the knockout stage of Copa America. Sergio Pea opened the scoring for the Peruvians in the 17th minute on Sunday. Miguel Borja equalised from the spot in the 53rd but an own goal 11 minutes later by Colombian defender Yerry Mina decided the match at the Olimpico stadium in Goiania. Peru is in third position in Group B with three points after two matches. Colombia remains with four points in second spot, but with only two games remaining. Leader Brazil has six points. The top four teams will […]
  • by Reuters
    Walmart's Flipkart sees nothing wrong in offering to cut charges for sellers on its platform if they lower product prices, its lawyer told an Indian court on Monday, drawing protest from a retailer group challenging the practice.
  • by The Motley Fool
    What happened Shares of FIGS (NYSE: FIGS) jumped 17.1% today after the maker of medical scrubs received a slew of positive analyst notes.
  • by The Motley Fool
    What happened Investors were tuning in to Roku (NASDAQ: ROKU) on Monday, with the stock peaking at 4.7% over Friday's close; ultimately, it ended the day 3.9% higher. An analyst's price target was a major driver of the increase, but the company also benefited from its role in a m
  • by The Motley Fool
    DoorDash (NYSE: DASH), the largest third-party food delivery company in America, went public at $102 per share last December. The stock opened at $182 on the first day, continued rallying, and eventually hit a 52-week high of $256 this February.
  • by The Motley Fool
    Reverse stock splits aren't generally seen as a good sign. When a stock has to resort to cutting its number of shares outstanding to boost its price, it's often an indicator that the company doesn't think its business can support the kind of growth necessary to get its stock movi
  • by The Motley Fool
    What happened Shares of Torchlight Energy Resources (NASDAQ: TRCH) soared 58% on Monday after the oil and gas driller extended the closing date of its merger with advanced materials manufacturer Metamaterial.
  • by The Motley Fool
    What happened Biotech Enochian BioSciences (NASDAQ: ENOB) enjoyed a nice share price lift on Monday. The small-cap stock rocked 12% higher at one point, although it ultimately cooled down to a 1.2% gain on the day.
  • by Bitcoin Magazine
    Investment funds holding bitcoin, Powell admitting inflation may be higher than expected, and more in this edition of Last Week In Bitcoin.
  • by FINSUM
    There may be a lot of noise around valuations and inflation, but ask yourself a question: do you think the tech sector is going to grow into a bigger part of the economy over the next few years? The vast majority of investors would say yes, and if you are in that camp, then it ma
  • by The Motley Fool
    When DoorDash (NYSE: DASH) stormed onto the scene last December through its highly successful IPO, the stock immediately became a darling among growth-oriented investors. At the time, the country's largest food delivery company was viewed as a poster child for businesses that ben
  • Dutee Chand anchored India A women's 4x100m relay team to gold medal with a national record of 43.37 seconds in the one-day Indian Grand Prix IV here on Monday.
  • The IT Ministry is likely to issue FAQs pertaining to the new intermediary rules in the next 1-2 weeks, a source said. The Frequently Asked Questions (FAQs) would touch upon various aspects of the new rules, including the measures, how the norms would benefit users of social media platforms, and any other clarification that stakeholders may have. The FAQs are currently being worked on and are likely to be issued in 1-2 weeks, the source in the IT Ministry said, adding that the set of FAQs would address 10-20 questions. The new IT rules for social media companies, […]
  • Jaiprakash Associates Ltd (JAL) on Monday reported a decline of 86.2 per cent in its consolidated net profit to Rs 424.41 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 3,068.10 crore in the January-March quarter a year ago, JAL said in a BSE filing. However, its revenue from operations was up 34.18 per cent at Rs 2,517.20 crore during the quarter under review as against Rs 1,876.03 crore in the corresponding period last fiscal, the company said. Its total expenses were at Rs 2,212.43 crore, down 4.76 per […]
  • The United World Wrestling(UWW) has announced seeding for the Tokyo Olympics in different weight categories of men's freestyle.India's top hope for the Olympic medal in Tokyo, Bajrang Punia, is seeded second in the 65kg weight category by UWW behind the top-seeded Russian Gadzhimurad Rashidov.Wrestler Bajrang Punia is in Russia as part of training for the showpiece event.Bajrang has chosen Russia because of two reasons — first, he will get a chance to spar with experienced and champion wrestlers there, and second, because of the quarantine rules of Poland, where the rest of the Indian team is based."In Poland, […]
  • Bizongo, a B2B platform for unbranded goods, on Monday said it has created an advisory board and onboarded Asian Paints Vice Chairman Manish Choksi to the panel. The industry veteran brings with him over three decades of entrepreneurial and leadership experience in strategic integration of technology with a sharp focus on business expansion and growth across global markets, a statement said. Bizongo, which recently closed its series C funding of USD 51 million, is gearing to transform into a sustainable global institution as it expands in emerging markets of South East Asia, such as Thailand, Indonesia, Malaysia and […]
  • Maharashtra on Monday reported 6,270 new coronavirus cases, a four-month low daily count, taking its COVID-19 tally to 59,79,051, while 94 deaths pushed the toll to 1,18,313
  • Grofers on Monday said it will offer a 33 per cent hike in salary to its tech team effective July, along with a "hefty ESOP allocation" as the online grocery delivery platform looks to retain staff and woo more tech talent. The SoftBank-backed company, which plans to launch an initial public offering (IPO), also hinted that it has secured a new funding round. "After coming out of the second wave, and at a point where our next funding round is secure, I think it is time to kickstart a lot of initiatives that I have been waiting for […]
  • State-owned Indian Bank on Monday launched its qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore, setting the floor price at Rs 142.15 per share.
  • The Netherlands scored a convincing 3-0 win over North Macedonia to end their Group C campaign with an all-win record and enter the pre-quarterfinals of Euro 2020.
  • Peru beat Colombia 2-1 to keep alive its chances of advancing to the knockout stage of Copa America. Sergio Pea opened the scoring for the Peruvians in the 17th minute on Sunday. Miguel Borja equalised from the spot in the 53rd but an own goal 11 minutes later by Colombian defender Yerry Mina decided the match at the Olimpico stadium in Goiania. Peru is in third position in Group B with three points after two matches. Colombia remains with four points in second spot, but with only two games remaining. Leader Brazil has six points. The top four […]
  • by FE Bureau
    Monday was the last day for furnishing the information sought by the competition watchdog in relation to a probe ordered by it in March. The information was sought after the single judge had on April 22 dismissed WhatsApp and Facebook’s appeal against the probe.
  • by Banikinkar Pattanayak
    This special purpose entity (SPE) is expected to be established as a non-banking financial company (NBFC) and regulated by the Reserve Bank of India (RBI). The entity will help deepen the securitisation market, resolve bad loans and widen funding avenues for housing finance companies (HFCs).
  • by
    The EGM will see shareholders vote on the mortgage player’s Rs 4,000-crore preferential share allotment to private equity player Carlyle and others, including General Atlantic and former HDFC Bank MD&CEO Aditya Puri’s family investment vehicle. The shares are to be priced at Rs 390 apiece.
  • by The Financial Express
    Post-unlock, people still breaching Covid-caution
  • by The Financial Express
    PMC episode and the role of state govts underscores the need for this, need to amend relevant laws
  • by Renu Kohli
    Producer price jump a past replay, with demand making a critical difference
  • by FE Bureau
    The government may also amend the Banking Regulation Act and Banking Companies (Acquisition and Transfer of Undertakings) Acts of 1970 and 1980 (nationalisation laws) as early as in the monsoon session of the Parliament to privatise the banks.
  • by Suharsh Sinha
    Failure to reform the NCLT will bleed the banking sector and kneecap the government’s flagship reform
  • by Edelweiss
    Firm entering phase of high growth; opportunities are priced in; TP up to Rs 1,045 from Rs 905; ‘Hold’ retained
  • by ICICI Securities
    Dividend payout was high; added capacity aided rise in FY21 EPS; RE target has been doubled; ‘Buy’ rating retained with TP of Rs 165
  • by FE Bureau
    Monday was the last day for furnishing the information sought by the competition watchdog in relation to a probe ordered by it in March. The information was sought after the single judge had on April 22 dismissed WhatsApp and Facebook’s appeal against the probe.
  • by Banikinkar Pattanayak
    This special purpose entity (SPE) is expected to be established as a non-banking financial company (NBFC) and regulated by the Reserve Bank of India (RBI). The entity will help deepen the securitisation market, resolve bad loans and widen funding avenues for housing finance companies (HFCs).
  • by
    The EGM will see shareholders vote on the mortgage player’s Rs 4,000-crore preferential share allotment to private equity player Carlyle and others, including General Atlantic and former HDFC Bank MD&CEO Aditya Puri’s family investment vehicle. The shares are to be priced at Rs 390 apiece.
  • by The Financial Express
    Post-unlock, people still breaching Covid-caution
  • by The Financial Express
    PMC episode and the role of state govts underscores the need for this, need to amend relevant laws
  • by Renu Kohli
    Producer price jump a past replay, with demand making a critical difference
  • by FE Bureau
    The government may also amend the Banking Regulation Act and Banking Companies (Acquisition and Transfer of Undertakings) Acts of 1970 and 1980 (nationalisation laws) as early as in the monsoon session of the Parliament to privatise the banks.
  • by Suharsh Sinha
    Failure to reform the NCLT will bleed the banking sector and kneecap the government’s flagship reform
  • by Edelweiss
    Firm entering phase of high growth; opportunities are priced in; TP up to Rs 1,045 from Rs 905; ‘Hold’ retained
  • by ICICI Securities
    Dividend payout was high; added capacity aided rise in FY21 EPS; RE target has been doubled; ‘Buy’ rating retained with TP of Rs 165

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