Business Live:

The Nifty and the Sensex have opened the day with Join us as we follow the top business news through the day. 9:30 AM HDFC Bank offers loan for care at Apollo HDFC Bank has tied up with Apollo Hospitals Ltd. to offer its customers unsecured, pre-approved loan of up …

Read moreBusiness Live:

Business Live:

Join us as we follow the top business news through the day. 9:30 AM IMF chief says global economy less dire but long climb ahead The global economy is looking ‘less dire’ than it did in June and the International Monetary Fund will make a ‘small’ upward revision to its …

Read moreBusiness Live:

NSE successfully completes operations from disaster recovery site

New Delhi: National Stock Exchange of India (NSE) on Thursday said it has successfully completed live trading and other operations from its disaster recovery site. The exercises were conducted on September 28 and September 29, a press release said. “The successful live operations at a time when the markets were …

Read moreNSE successfully completes operations from disaster recovery site

NTPC seeks bids for biomass pellets to fuel thermal power plants

NEW DELHI: India’s top power utility NTPC Ltd has sought bids for procuring biomass pellets to fuel its thermal power plants, the government statement said on Sunday, in an effort to cut down air pollution from burning of crop residue. The state-owned power producer aims to use 5 million tonnes …

Read moreNTPC seeks bids for biomass pellets to fuel thermal power plants

Harley close to deal with Hero after stopping local manufacturing: sources

By Aditya Kalra & Aditi Shah Harley-Davidson Inc is in advanced talks with India’s Hero MotoCorp for a distribution deal which will allow the U.S. company’s motorcycles to be sold in India, after it stops local manufacturing there, three sources told Reuters. The Milwaukee-based company said on Thursday it will …

Read moreHarley close to deal with Hero after stopping local manufacturing: sources

US places restrictions on China’s leading chip maker

WASHINGTON: The Trump administration has placed new restrictions on exports to Semiconductor Manufacturing International Corp., China’s most advanced maker of computer chips, a measure that could deepen the technology conflict between China and the United States. In a letter Friday, the Department of Commerce told U.S. companies in the chip …

Read moreUS places restrictions on China’s leading chip maker

FPIs pull out net Rs 476 cr so far in Sept from Indian markets

NEW DELHI: Foreign portfolio investors (FPI) have pulled out Rs 476 crore on net basis so far from Indian markets in September, reflecting a cautious stance by participants amid fears of resurgence of coronavirus cases in Europe and other countries. According to depositories data, FPIs have withdrawn a net Rs …

Read moreFPIs pull out net Rs 476 cr so far in Sept from Indian markets

Eight of top 10 firms lose Rs 1.57 lakh cr in market valuation

NEW DELHI: Eight of the top 10 valued firms witnessed a combined erosion of Rs 1,57,277.53 crore in market valuation last week, with Reliance Industries Limited emerging as the biggest laggard. Last week, the Sensex lost 1,457.16 points or 3.83 per cent. Only Infosys and HCL Technologies emerged as gainers …

Read moreEight of top 10 firms lose Rs 1.57 lakh cr in market valuation

Every day-trader dollar is worth five in a new theory on stocks

Day traders claiming bragging rights for this year’s $9 trillion U.S. equity rebound can find some supporting evidence in the latest research. Even as retail trading has grown to represent 20% of daily volume, Wall Street has struggled to figure out how much this modest-sized contingent actually influences prices. After …

Read moreEvery day-trader dollar is worth five in a new theory on stocks