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FE Bureau

The broader market indices, Nifty Midcap 100 and Nifty Smallcap 100, declined by 0.24% and 0.04%.
Volatility index surges by 8.57%: IT, auto stocks drive markets to new records

Sensex rallied 487 points to 49,269.32, closing above the 49,000-level for the first time

By FE Bureau
January 12, 2021 02:30 IST
A further break-up revealed that units in the Rs 45 lakh and below category made up 48% of the overall demand in October-December 2020.
Mumbai, Pune account for over 50% home sales in October-December 2020

The sector is digitising at a rapid pace and more than 90% of potential home buyers have moved online to…

By FE Bureau
January 12, 2021 02:00 IST
The first phase of the vaccination, covering three crore healthcare and frontline workers, begins on January 16 with orders shared between SII and Bharat Biotech.
Serum gets purchase order; police security provided for vaccine movement

Serum has readied a stockpile of around 50 million doses of the Oxford University-AstraZeneca vaccine Covishield and was waiting for…

By FE Bureau
January 12, 2021 01:00 IST
The Nafed is learnt to have given these states a target of nearly 15 lakh tonne.
Prices fall below MSP; pulses procurement to begin soon

“Prices should rule Rs 5,400-5,500 per quintal on the downside and Rs 6,200 per quintal on the upward side till…

By FE Bureau
January 12, 2021 00:45 IST
Cognizant
Cognizant to acquire Australian firm Servian

Servian is Cognizant’s 10th digital-focused acquisition announced since January 2020, highlighting Cognizant’s strategy to accelerate capabilities and growth in priority…

By FE Bureau
January 12, 2021 00:30 IST
NCR and MMR together currently have 74% of the stuck or delayed units, while Bengaluru, Chennai and Hyderabad have just 8% of the overall share.
Nearly 200 stuck housing projects completed in 2020: ANAROCK

At the end of 2019, a total of 1,322 projects comprising about 5.76 lakh units, which were launched in 2013…

By FE Bureau
January 12, 2021 00:15 IST
cloud computing
Tech trends : Why cloud matters

Dell Technologies shares top three cloud industry trends for the year 2021

By FE Bureau
January 11, 2021 08:15 IST
Refineries processed 4.2 mb/d over the period compared with 5.1 mb/d of crude processed during 8M-FY20.
Domestic crude production down 6% in the fiscal

India imported 3.7 mb/d of crude oil during 8M-FY21 compared with 4.5 mb/d during 8M-FY20.

By FE Bureau
January 11, 2021 06:15 IST
Sectors such as capital goods are expected to have seen a rebound in order inflows and also execution.
Q3 preview: India Inc to see a smart rebound

However, certain products, two-wheelers for instance, may not have fared well in the home market but have done well in…

By FE Bureau
January 11, 2021 05:30 IST
Meanwhile, Delhi health minister Satyendar Jain on Sunday said the city government has finalised 89 sites to roll out the Covid-19 vaccination drive in the national capital from January 16.
Vaccine roll-out: Norms being fine-tuned, states ready

As part of preparations for the nationwide roll-out, the health ministry on Sunday held a video conference with officials from…

By FE Bureau
January 11, 2021 05:15 IST
" The government may now consider setting up specific benches to deal with pre-packs to ensure that such cases are not delayed due to the heavy case load of NCLTs,” he added.
‘Pre-pack scheme to cut costs and litigations’

According to the report submitted by the panel headed by Insolvency and Bankruptcy Board of India chairman M S Sahoo,…

By FE Bureau
Updated: January 11, 2021 15:22 IST
As reported by FE earlier, the “pre-pack” scheme will be a pre-IBC window for resolution of toxic assets, which will only complement the existing framework but not substitute it.
Government puts out draft pre-pack scheme

Pre-pack will usually see resolution and not end up with liquidation, except when the creditors decide to liquidate the corporate…

By FE Bureau
January 10, 2021 05:00 IST
Toyota Legender vs Fortuner: How do the two SUVs differ?

Both the Toyota Fortuner and Toyota Ledenger models are connected cars, with features like geofencing, real-time tracking, last parked location,…

By FE Bureau
January 9, 2021 10:35 IST
Equity MFs, markets hit new highs, IPOs, which have given investors good returns, profit booking ,
Investors disenchanted: Equity MFs see outflows for sixth month

Experts observed further profit booking could be expected if stock prices continued to surge.

By FE Bureau
Updated: January 9, 2021 08:45 IST
Significantly, the US has turned out to be India’s biggest soya meal buyer.
India sees robust export demand for its soya meal

The United States Department of Agriculture (USDA) has reduced India’s crop estimate to 90 lakh tonne versus earlier estimate of…

By FE Bureau
January 9, 2021 06:45 IST
The markets were propelled by buying in IT stocks ahead of the third quarter results.
Sensex surges 698 pts on buying in IT, auto stocks

Kotak Securities has said the Nifty-50 could report 19% earnings growth in Q3 with likely upgrades coming in sectors like…

By FE Bureau
January 9, 2021 06:15 IST
The inflow in SIPs was Rs 8,418.11 crore in December, compared with Rs 7,302.16 crore in November.
Inflows through SIPs remain strong in December: Amfi

However, inflows through systematic investments plans (SIPs) remained strong despite net outflows from equity schemes.

By FE Bureau
January 9, 2021 05:45 IST
While farmer leaders claimed that the government asked them to approach the court, Tomar denied making any such request.
Impasse: Government says no to repeal of laws, farmers firm

On Thursday, thousands of farmers held tractor-marches from Singhu, Tikri and Ghazipur borders, intensifying their agitation against the three laws…

By FE Bureau
January 9, 2021 05:30 IST
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Latest News

SpaceX signs $6.3 billion Reflection AI pact

SpaceX lands $6 billion deal with open-source AI lab despite losing $600 billion in three days

George Kurian Resignation from PM Modi's cabinet: George Kurian quits Modi cabinet after Rajya Sabha term ends, says 'ministerial rise was possible only because of PM'

Why did Union Minister George Kurian step down?

ELon Musk vs Ro Khanna

Why is Elon Musk threatening to sue Indian-origin Ro Khanna? Spat over DOGE cuts explained

Kolkata, Airport, West Bengal, Kalyani

New greenfield airport coming up in Kalyani, set to ease heavy rush at Kolkata Airport

HSBC Flash India PMI report indicates slower private sector growth, weaker hiring and softer demand conditions in June.

India’s private sector growth cools to lowest since March

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