Monday, 31 August 2020

Info Edge rating ‘hold’; Zomato critical to future valuations

TP raised to Rs 2,810 due to rise in Zomato valuation; need for caution; ‘Hold’ retained

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Margin obligation: Market participants ask Sebi for more time

So far, the markets regulator did not have any margin requirement for cash market transactions but now clients will have to cough up 20% for such trades. This will be applicable to buying and selling of securities.

from The Financial Express https://ift.tt/2EC9OPg

Reopening of Sterlite Copper unit: SC notice to Tamil Nadu govt on Vedanta plea

The state government had told the HC the deaths in police firing were not the only reason why the plant was shut down. It said the Sterlite plant was a big threat to environment and ecology and pollutants released by Sterlite were much higher than other companies in the area.

from The Financial Express https://ift.tt/3bfpe7Q

Fixed income: Select your debt fund investments carefully

Invest in top quality instruments in the debt market such as Government of India bonds, AAA rated blue-chip companies and PSU bonds to preserve your capital.

from The Financial Express https://ift.tt/31IyGNO

"Corruption Is Corruption": Punjab Chief Minister Tells Congress MP

Punjab Chief Minister Amarinder Singh on Monday rejected Partap Singh Bajwa's contention that there was no comparison between the alleged scholarship scam and the bitumen scam, in which the Congress...

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Bombay High Court To Hear Early Tuesday Plea Seeking JEE Postponement

Just ahead of the JEE Main examination scheduled for Tuesday morning, the Nagpur bench of the Bombay High Court will take up for urgent hearing a plea filed by a citizen seeking its postponement for...

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Immediately Pay Salaries To Civic Body Employees Or Resign: AAP To BJP

The AAP on Monday asked the BJP to immediately pay salaries to the employees of the municipal corporations or resign, noting that despite having a budget of Rs 18,000 crore, it keeps complaining of...

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Delhi To Maintain Status Quo On Prohibited Activities Till September 2

The Delhi government on Monday decided to maintain status quo on prohibited activities till September 2 in the national capital.

from NDTV News - Special https://ift.tt/2Gai74Z

Facebook Could Block Sharing of News Stories in Australia


By BY DAISUKE WAKABAYASHI AND MIKE ISAAC from NYT Technology https://ift.tt/32KSNdo

A Teacher and Congresswoman Confronts School Reopenings


By BY REID J. EPSTEIN from NYT U.S. https://ift.tt/3jxJ29n

Trump Fans Strife as Unrest Roils the U.S.


By BY PETER BAKER AND MAGGIE HABERMAN from NYT U.S. https://ift.tt/2YQLyQa

American Intelligence Knows What Russia Is Doing


By BY THE EDITORIAL BOARD from NYT Opinion https://ift.tt/2YQMJiE

A President who could have been PM



from Times of India https://ift.tt/31KfsHL

Live: Over 28 lakh people have recovered from Covid

On Monday, India recorded the lowest jump in cases in a week, with 65,968 fresh infections reported in the country. The day’s death toll, at 824, was the lowest for a single day since August 3. Stay here for live updates

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Wettest Aug in 32 yrs, 27% surplus rainfall in India

India experienced its wettest month of August in 32 years, with 27% higher than normal rainfall across the country as a whole, and as much as 61% above normal rains in central India. The month ended with 327mm of average rainfall in the country, 26.7% above the normal for the month (258mm), driving the overall monsoon rainfall in the season so far to close to the “excess” category at 9.8% above the long period average (LPA).

from Times of India https://ift.tt/3hLACup

Sunday, 30 August 2020

NEP 2020 lacks clarity, cannot be applicable to entire country: Bengal govt panel

After the Union Cabinet approved the NEP late last month, state Education Minister Partha Chatterjee set up the six-member committee of academicians

from The Hindu - National https://ift.tt/2QE0FIe

Jharkhand’s COVID-19 caseload rises to 38,435; death toll mounts to 410

A total of 20,246 samples have been tested for the coronavirus in the last 24 hours, the bulletin said

from The Hindu - National https://ift.tt/2QR5wGh

Four more MLAs test positive for COVID-19 in Assam

During the three-day testing camp in the assembly, a total of 24 people, including a journalist and five MLAs, have tested positive out of 431 samples, an official said

from The Hindu - National https://ift.tt/2DdvwIt

9 COVID-hit women deliver healthy babies in Manipur

Nine COVID-19 positive women gave birth to nine healthy children a the J.N. Institute of Medical Sciences, Imphal, according to T. Bhimo, Director, on

from The Hindu - National https://ift.tt/2YO7Bal

Triprua parties bracing themselves for elections to tribal council

BJP and its coalition partner Indigenous Peoples Front of Tripura (IPFT) consolidating bases in tribal areas

from The Hindu - National https://ift.tt/3jrjZos

Bangla Sahib gurdwara gets a pharmacy



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Body found near border: BSF



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SDMC stops journo from filming proceedings



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Critical Covid-19 cases: Delhi, Mumbai patients seem more critically ill than in other parts of India

This may also be the reason that Delhi, Mumbai and Pune have higher death rates than the national average. On August 30, India had a case fatality rate of 1.8%.

from The Financial Express https://ift.tt/31HZMVu

Why Govt must spend to drive up demand

The pandemic is likely to have hurt the informal sector more acutely as it comprises smaller firms with limited economic buffers to withstand shocks. If small entrepreneurs are to risk their personal capital to go into business, they need a lot more support and far less interference.

from The Financial Express https://ift.tt/2EIRgwu

Prop.vu: Making the builder-buyer online interaction meaningful

A cloud-based, integrated sales management & customer engagement platform for the real estate industry.

from The Financial Express https://ift.tt/3gKwz0h

Five years on, National Investment and Infrastructure Fund (NIIF) yet to hit target

The NIIF was set up in December 2015 as a Category-II Alternate Investment Fund. NIIF chief executive Sujoy Bose, however, was appointed in only June 2016 and the senior management of the fund was also put in place by early 2017.

from The Financial Express https://ift.tt/2QAG6wp

Stories of 2020: Five Lives Caught in a Year of Upheaval and Pain


By BY PETER BAKER, JOHN BRANCH, JOHN ELIGON, REID J. EPSTEIN, DAN LEVIN AND MARC STEIN from NYT U.S. https://ift.tt/3gJPdVW

Covid hits 87k medics: IMA asks PM for better care

The Indian Medical Association (IMA) has written to PM Modi drawing his attention to over 87,000 healthcare workers who have got infected with Covid-19 and another 573 who have lost their lives and called for more care for their welfare.

from Times of India https://ift.tt/3gICQJN

Saturday, 29 August 2020

Punjab CM orders probe into alleged scholarship misappropriation case

The Chief Minister also hit out at the Aam Aadmi Party (AAP) for behaving like a rogue party by baying for Mr. Dharamsot’s blood without a proper inquiry

from The Hindu - National https://ift.tt/2QB2rd7

West Bengal COVID-19 infections rise to 1.56 lakh

More discharges recorded than the number of new cases.

from The Hindu - National https://ift.tt/3lt5nqp

From silent films to the digital era — Madras’ tryst with cinema

An automobile parts dealer who turned his attention to cinema, R. Nataraja Mudaliar set up the The Indian Film Company studio in Madras in 1916, and went on to make the first silent film in south India, Keechaka Vadham

from The Hindu - National https://ift.tt/3bbjawU

Hope new education policy will recapture India’s past glory as a centre of learning: Minister

Ramesh Pokhriyal Nishank was among a host of other eminent persons, including President Ram Nath Kovind and Odisha Governor Ganeshi Lal, to speak on the occasion of the 12th foundation day of the Central University of Odisha

from The Hindu - National https://ift.tt/2EK7rcI

EEMA comes up with SOP for events sector



from The Indian Express https://ift.tt/3gI1jz5

Book to screen: Here are some series and films based on literary classics and popular books

Films and shows based on literary classics and popular books have always interested bibliophiles as well as cinema buffs.

from The Financial Express https://ift.tt/32FX2XV

Crime Cases Now Reported In "Safe" Areas: Akhilesh Yadav Over UP Murder

Samajwadi Party (SP) chief Akhilesh Yadav on Saturday hit out at the Yogi Adityanath government in Uttar Pradesh, saying crime cases are now being reported in "safe and secure" areas of the state like...

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Delhi Reports Highest Single-Day Spike Of 1,954 COVID-19 Cases

Delhi recorded 1,954 fresh COVID-19 cases on Saturday, the city's highest single-day spike here in August till date, taking the tally to over 1.71 lakh, while the deaths from the disease mounted to...

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Friday, 28 August 2020

Experts suggest policy changes to boost coronavirus research & development

Funding Covid-related research now included in CSR spends

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Hyundai's Santro II hits a speed bump as sales slow down in recent months

Sales of Santro, once a runaway bestseller whose tall-boy design changed the dynamics of the small car market, have slowed in recent months. Is it just a reflection of current trends?

from Latest News https://ift.tt/3gEzsQe

Delhi Confidential: Gearing Up



from The Indian Express https://ift.tt/3jmU5lJ

Congress leadership needs to be receptive of criticism, or it will fade into electoral oblivion

Disaffection among cadre, unresolved grievances, rudderless leadership, etc, have ensured that rival parties have gained political capital by default and by design, engineering defections.

from The Financial Express https://ift.tt/3hE0Mzp

NMDC board approves demerger of steel unit, poised for privatisation

The Cabinet Committee on Economic Affairs had given its go-ahead for the “strategic disinvestment” of the unit in late 2016.

from The Financial Express https://ift.tt/34Gcxle

National Pension System: NPS likely to cross AUM of Rs 5 lakh crore by September

The report revealed that the Indian index value increased from 44.6 in 2018 to 45.8 in 2019 due to small increases in each sub-index.

from The Financial Express https://ift.tt/34Kos1A

HDFC Bank rating: Buy — New leadership looks to double market share

Quality of moratorium loans holding up, limiting risk of slippages; retail is expected to revive from Q3FY21; ‘Buy’ maintained

from The Financial Express https://ift.tt/32v2uNa

July collections from pooled loans stood at 52% of December-levels: Fitch

The conclusion of the six-month moratorium at the end of August will spur a further sharp improvement in collection rates in the next few months, the rating agency said.

from The Financial Express https://ift.tt/3bdyGIP

HDFC rating: Retain ‘buy’ with unchanged SOTP-based target price of Rs 2,310

Although, prima facie, the 3% duty reduction looks immaterial, a 10% reduction in the upfront commitment for the homebuyer, is meaningful.

from The Financial Express https://ift.tt/3hzsT2C

NMDC rating: ‘Buy’ — It makes a compelling investment case

The in-principle approval by the NMDC board to demerge the steel plant, i.e. creating a separate listed company eventually with a shareholding akin to NMDC will be value accretive to the minority shareholders.

from The Financial Express https://ift.tt/2G8UNVq

Factory Manufacturing Counterfeit Products Of Top Brands Busted In Noida

A Noida-based factory manufacturing and selling counterfeit products of popular household items like Harpic toilet cleaner, disinfectant Dettol, and washing powder Surf Excel, among others, has been...

from NDTV News - Special https://ift.tt/31FiPQi

US House Panel Announces Contempt Proceedings Against Mike Pompeo

The U.S. House Foreign Affairs Committee announced contempt proceedings against Secretary of State Mike Pompeo on Friday, citing his refusal to comply with a subpoena for records into his...

from NDTV News - Special https://ift.tt/2YGrvUj

Jacob Blake Was Shackled in Hospital Bed After Police Shooting


By BY JOHN ELIGON, SARAH MERVOSH AND RICHARD A. OPPEL JR. from NYT U.S. https://ift.tt/2G2P2s9

Lute Olson, Who Put Arizona on College Basketball Map, Dies at 85


By BY RICHARD GOLDSTEIN from NYT Sports https://ift.tt/34ELxCF

El legado de Shinzo Abe, el primer ministro de Japón que anunció su dimisión


By BY MOTOKO RICH AND RUSSELL GOLDMAN from NYT en Español https://ift.tt/2ENAwUQ

Texas Is Running Out of Near Misses


By BY JIM BLACKBURN from NYT Opinion https://ift.tt/3hDSY0H

TV Ratings for Biden and Trump Signal an Increasingly Polarized Nation


By BY MICHAEL M. GRYNBAUM from NYT Business https://ift.tt/34HNqhT

SC: Final-yr exams must to get grad/PG degrees

Ending the suspense for 1.5-crore final-year undergraduate and postgraduate students, the Supreme Court on Friday said final examinations are a must to get degrees but ruled that in a pandemic situation, states had power under the Disaster Management Act to postpone examinations beyond the September 30 deadline set by the University Grants Commission (UGC).

from Times of India https://ift.tt/3gDxgbL

CBI quizzes Rhea for 10 hrs, ED checks her bank locker

CBI on Friday questioned actor Rhea Chakraborty for the first time in connection with the death of actor Sushant Singh Rajput. Rhea was interrogated for around 10 hours along with her brother Showik to get a clearer picture of their personal equation with Rajput as well as their joint business ventures with the late actor. Rajput’s friend Siddharth Pithani was questioned separately.

from Times of India https://ift.tt/32D5FCj

India now No.3 in Covid toll; 1,000+ deaths for 4 days running

India’s Covid-19 death toll surged to the third highest in the world after overtaking Mexico on Friday, even as the pandemic numbers continued to swell in the country with the daily count of fresh cases staying above 76,000 for third day running and fatalities over 1,000 for the fourth straight day.

from Times of India https://ift.tt/3b8GfQR

Thursday, 27 August 2020

GMR recasts group format, airports a separate entity

A revised agreement saw the second tranche of investment for 24.01 % of GMR Airports structured in two parts: the first was a firm amount, immediately paid at second closing, for a total of Rs 4,565 crore, including Rs 1,000 crore equity infusion in GMR Airports.

from The Financial Express https://ift.tt/34GDhC6

Infra credit cover: Firm to debut with Rs 4,000-crore equity base; key role for World Bank

The National Infrastructure Pipeline (NIP), with identified projects, including brownfield projects worth over Rs 100 lakh crore ($1,400 billion), offers a ready-made five-year pipeline for CEC to offer its services.

from The Financial Express https://ift.tt/3hCcLxc

Hope not too many will apply for debt restructuring: SBI chairman

Kumar identified the hospitality and aviation sectors as the most vulnerable because they have been the worst-hit by the pandemic. While there is some impact in the rest of the sectors, these two sectors along with entertainment, are the worst off.

from The Financial Express https://ift.tt/31xzQM8

Why engine protector add-on cover is essential in motor insurance

While a comprehensive motor insurance policy covers any damage to the interior of the vehicle, an engine protector add-on covers explicitly the components of the engine.

from The Financial Express https://ift.tt/3b4Pjq6

Ambuja Cement rating: Maintain ‘buy’ with unchanged target price of Rs 255

ACEM plans to set up WHRS plants at Darlaghat and Bhatpara (19.5MW at each location) at a capex of Rs 3.8bn by Q4CY21. Subsequently, the company may set up WHRS plants at Maratha and Ambujanagar in addition to solar plants totalling 40MW.

from The Financial Express https://ift.tt/31z5wAy

Analyst corner: Target price for NTPC revised to Rs 137 from Rs 139 earlier

NTPC expects FGD systems to be commissioned within the timelines given by the CEA. In this regard, the company has awarded ~59GW of capacity at project cost of Rs 281b. Furthermore, ~5GW of capacity is under tendering and is expected to be awarded soon. Thus, the total cost of FGD implementation is estimated at ~Rs 310b.

from The Financial Express https://ift.tt/32zLoxs

Trump Has Shown Reckless Disregard For Wellbeing Of US: Kamala Harris

Indian-origin Senator Kamala Harris, who is the Democratic Party's vice-presidential candidate, on Thursday blasted President Donald Trump for having "failed" in and "shown reckless disregard" for the...

from NDTV News - Special https://ift.tt/3ljV3kB

4 Killed After Hurricane Laura Strikes Louisiana, Causes Less Damage

Hurricane Laura ripped through Louisiana on Thursday, killing four people who were crushed by falling trees and igniting a chemical plant fire that continued to send a chlorine-infused plume of smoke...

from NDTV News - Special https://ift.tt/3lrlkNW

Parliamentary Panel Meets For Record 5 Hours On COVID-19 Management

The Parliamentary Standing Committee on Home Affairs set a record on Thursday by discussing various aspects of the COVID-19 pandemic and its handling in the National Capital Territory of Delhi for...

from NDTV News - Special https://ift.tt/31xX9Fq

NBA "Like A Political Organisation" In Race Protest, Says Donald Trump

US President Donald Trump on Thursday criticized protests against police violence by top basketball teams, saying the NBA is playing politics.

from NDTV News - Special https://ift.tt/3loecBV

Trump Heads Into General Election Leading a Party He Has Transformed


By BY ALEXANDER BURNS AND MAGGIE HABERMAN from NYT U.S. https://ift.tt/3bfgG0V

COVID-19


By Unknown Author from NYT Briefing https://ift.tt/2Qyebgl

La influencia de Ivanka Trump


By BY ELAINA PLOTT from NYT en Español https://ift.tt/31zWgMI

N.B.A. ‘Boycott’ or Strike: What’s the Difference?


By BY DERRICK BRYSON TAYLOR from NYT U.S. https://ift.tt/3jiAO4Q

Republican National Convention


By Unknown Author from NYT U.S. https://ift.tt/3jjD5ga

Will This Be the Year Arizona Turns Blue?


By BY GERALDO L. CADAVA from NYT Opinion https://ift.tt/3lodcxy

The World Outside


By BY GIOVANNI RUSSONELLO from NYT U.S. https://ift.tt/3jpoujt

PM: India to be reliable arms supplier to ‘friends’

India will not only establish a strong defence industrial base but also become a reliable arms supplier to friendly countries in the years ahead, which will further consolidate its strategic partnerships and position it as the “net security provider” in the Indian Ocean Region, PM Narendra Modi said on Thursday.

from Times of India https://ift.tt/2QthTIj

Wednesday, 26 August 2020

Fires In Amazon "Poisoning Air" Millions Breathe: Study

Rampant fires in the Amazon are "poisoning the air" of the world's biggest rainforest, causing a sharp rise in respiratory emergencies in a region already hit hard by COVID-19, said a study published...

from NDTV News - Special https://ift.tt/3bbH9wl

President Trump wants his rival to take a drug test. Again.


By BY MICHAEL COOPER from NYT U.S. https://ift.tt/2YFl5ou

How Trump’s Convention Has Become a Crucial Play for the Suburbs


By BY JEREMY W. PETERS, ANNIE KARNI AND NICK CORASANITI from NYT U.S. https://ift.tt/32sYrkr

The Harsh Reality Behind Trump’s Reality Show


By BY GIOVANNI RUSSONELLO from NYT U.S. https://ift.tt/3jm1wtx

Trump Takes Night Off From Anti-Immigrant Talk to Swear In U.S. Citizens


By BY ZOLAN KANNO-YOUNGS AND MICHAEL D. SHEAR from NYT U.S. https://ift.tt/3jhJVTj

Three Charged With Leaking Movies as Part of Global Piracy Ring


By BY JACEY FORTIN from NYT Business https://ift.tt/3gxiFP1

Kimberly Guilfoyle, la mujer de rojo


By BY VANESSA FRIEDMAN from NYT en Español https://ift.tt/2YFctyp