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FIIs equity sales stand at Rs 8238.01 Cr today

Foreign Institutional Investors (FIIs) were net sellers of local stocks today




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Japan Stocks mixed on profit booking ahead of holidays

Total 17 issues of 33 industry category of Topix index were in positive territory, with Rubber Products, Air Transportation, Services, Electric Appliances, Precision Instruments, Securities & Commodities Futures, and Information & Communication issues being notable gainers, while Iron & Steel, Mining, Chemicals, Nonferrous Metals, and Land Transportation issues were notable losers.




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Australia Market rises on strong inflation data

Investor confidence has been lifted as major countries and several US states reopen for business and central banks seem poised to inject more stimulus to offset the economic hit from the pandemic.




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China Stocks rise on lenders earnings update

The gains were driven by banking shares after China's big four lenders reported higher profits for the first quarter despite the impact of the pandemic.




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Hong Kong Market extends gain for third day

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Hong Kong Market closed for holiday

Asian market advanced on Thursday, 30 April 2020, on following U.S. shares advancing overnight on reports the antiviral drug remdesivir is showing promise as an effective COVID-19 treatment.




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Japan Market closed for a national holiday

Asian stock markets fell sharply on Monday, 04 May 2020, as risk sentiment turned sour on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




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China Market closed for Golden Week national holiday

Asian stock markets fell sharply on Monday, 04 May 2020, as risk sentiment turned sour on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




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Japan Market closed for a national holiday

Asian stock markets advanced on Wednesday, 06 May 2020, as investors risk sentiments buoyed on tracking positive cues overnight from Wall Street after reports of easing of coronavirus lockdown restrictions in Europe and the U.S. Stocks also saw a modest boost from a rebound in oil prices.




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CSB Bank IPO fully subscribed on day 1

Receives bids for 1.20 crore shares




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Ujjivan Small Finance Bank IPO fully subscribed on day 1

Receives bids for 20.14 crore shares




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Why Some Cicadas Have Reason to Brood: Potential Extinction

​Periodical cicadas live underground for 13 or 17 years before emerging to mate, lay eggs and die off, and today, there are 15 known broods in the U.S. There used to be 16 and the current number may dwindle if the teetering Brood VII goes extinct.




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Meet the Business Standard Fund Managers of the Year

Global uncertainties and weak corporate earnings are enough to give any fund manager the jitters




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Want 100% FDI in multi-brand retail in food: Harsimrat Kaur-Badal

Food Processing Minister pushes for national e-platform bypassing mandis for farmers, food producers




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Government Of India Announces Sale Of Three Dated Securities For Rs 19,000 crore

The government of India (GoI) has announced the sale (re-issue) of three dated securities for Rs 19000 crore. These include 6.18% GS 2024 9,000, 7.57% GS 2033 4,000 and 7.16% GS 2050 6,000. GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above security. The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification'). The auction will be price based (for all securities), using multiple price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.




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Government of India announces the sale of three dated securities for Rs 19,000 crore

The government of India (GoI) has announced the sale (issue /re-issue) of three dated securities for Rs 19000 crore. These include 5.09% GS 2022 3,000 May 08, 2020, New GS 2030 (maturing on May 11, 2030) 10,000 and 7.19% GS 2060 6,000. GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above security. The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification'). The auction will be Yield based for New GS 2030 and price based for remaining securities using multiple price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.




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5Paisa Capital reports consolidated net loss of Rs 1.70 crore in the March 2020 quarter

Sales rise 69.34% to Rs 35.41 crore




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Gillette India standalone net profit declines 40.31% in the March 2020 quarter

Sales decline 12.66% to Rs 406.57 crore




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Cyient consolidated net profit declines 74.41% in the March 2020 quarter

Sales decline 7.68% to Rs 1073.60 crore




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Dr Reddys receives EIR from USFDA for API facility at Srikakulam

It may be noted that the site was issued warning letter in November, 2015 after the inspection in 2014, and was under "Official Action Indicated" classification till now.




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Biocon receives EIR from USFDA for its small molecules API facility in Bengaluru

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Zydus Cadila launches affordable prostate cancer treatment drug 'Obnyx'

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Procter & Gamble Hygiene and Health Care standalone net profit rises 1.10% in the March 2020 quarter

Sales decline 6.19% to Rs 656.05 crore




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Western Transmission Gujarat standalone net profit declines 13.48% in the March 2020 quarter

Sales rise 27.54% to Rs 13.20 crore




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R Systems International consolidated net profit declines 23.02% in the March 2020 quarter

Sales rise 6.60% to Rs 209.26 crore




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Adani Gas consolidated net profit rises 60.28% in the March 2020 quarter

Sales decline 0.77% to Rs 462.25 crore




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SBI Card & Payment Services standalone net profit declines 66.41% in the March 2020 quarter

For the full year, net profit rose 43.91% to Rs 1244.82 crore in the year ended March 2020 as against Rs 864.97 crore during the previous year ended March 2019




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TCI Express standalone net profit declines 12.56% in the March 2020 quarter

Sales decline 10.50% to Rs 237.94 crore




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Shree Cement consolidated net profit rises 57.60% in the March 2020 quarter

Sales decline 2.13% to Rs 3415.14 crore




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Reliance Power reports standalone net loss of Rs 264.94 crore in the March 2020 quarter

Sales decline 2.72% to Rs 6.09 crore




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Reliance Home Finance reports standalone net loss of Rs 238.37 crore in the March 2020 quarter

Sales decline 53.40% to Rs 276.85 crore




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Uttam Galva Steels reports consolidated net loss of Rs 536.04 crore in the March 2020 quarter

Sales decline 57.18% to Rs 118.66 crore




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Reliance Power reports consolidated net loss of Rs 4206.38 crore in the March 2020 quarter

Sales rise 13.39% to Rs 1798.05 crore




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Swaraj Engines standalone net profit declines 4.86% in the March 2020 quarter

Sales decline 8.53% to Rs 175.13 crore




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Reliance Capital reports consolidated net loss of Rs 2124.00 crore in the March 2020 quarter

Sales decline 33.91% to Rs 3580.00 crore




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Reliance Infrastructure reports consolidated net loss of Rs 153.84 crore in the March 2020 quarter

Sales decline 9.01% to Rs 3625.86 crore




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PMK's CM candidate Anbumani trails

Anbumani is trailing in Pennagaram constituency.




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Vijaykant's DMDK in danger of losing state party status

DMDK's vote share plummeted to 2.4% in the 2016 Assembly polls from 7.88% in 2011, even as the party failed to return a single legislator




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Jayalalithaa stakes claim to form govt, stage set for oath on Monday

AIADMK Supremo hands over a list of 29 legislators who will be appointed as the ministers




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Jayalalithaa keeps five poll promises on Day 1

AIADMK chief becomes Tamil Nadu CM for the sixth time




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Dr Reddy's Labs hits 52-week high after Srikakulam facility gets EIR from USFDA

Dr. Reddy's Laboratories jumped 4.84% to Rs 4020 after the company said its manufacturing plant at Srikakulam in Andhra Pradesh received the Establishment Inspection Report (EIR) from US drug regulator.




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Benchmarks near day's high; RIL in demand

The domestic equity barometers traded near the day's high in morning trade. The Nifty was trading above the 9300 mark. Buying in index major Reliance Industries (RIL) pushed the benchmarks higher. At 10:29 IST, the barometer index, the S&P BSE Sensex, was up 441.29 points or 1.40% at 31,884.67. The Nifty 50 index rose 122.10 points or 1.33% at 9,321.15.




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Cadila Healthcare rises after USFDA nod on Deferasirox tablets

Cadila Healthcare gains 0.11% to Rs 321.95 after the company said it received final approval from US drug regulator for Deferasirox tablets for oral suspension.




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Adani Gas gains after Q4 PAT jumps 60% to Rs 121.41 cr

Adani Gas rose 3.55% to Rs 107.85 after standalone net profit surged 61% to Rs 122 crore on 1% fall in revenue from operations to Rs 490 crore in Q4 March 2020 over Q4 March 2019.




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Coronavirus Update: Lockdown Orders Expire, Lab Theory Investigated

States balance public health and economic well-being as more lockdowns expire; U.S. intelligence agencies confirm investigating if the coronavirus escaped from a lab in Wuhan; Apple and Amazon report profits. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Matthew Hatcher/Bloomberg




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Coronavirus Update: California Borrows Federal Cash, United Plans Cuts

California is the first state to borrow federal funds to cover rising jobless claims, United Airlines expects to cut its management ranks by 30%, and the FDA sets standards for antibody tests in a crackdown on fraud. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Rich Pedroncelli/Associated Press




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Coronavirus Update: Trump Says Task Force to Shift Focus

President Trump said the White House coronavirus task force will continue indefinitely and Airbnb plans to lay off a quarter of its workforce. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Brendan Smialowski/AFP




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Coronavirus Update: ‘Evidence’ Virus Came From Lab, Economies Start to Reopen

The Trump administration steps up assertions that the coronavirus originated at a lab in Wuhan, governments around the world start to allow businesses to reopen, millions of imported masks fall short of N95 standards. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Scott Keeler/Zuma Press




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Mahindra Holidays & Resorts India reports consolidated net loss of Rs 164.57 crore in the March 2020 quarter

Sales decline 2.83% to Rs 616.61 crore




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Adani Transmission consolidated net profit declines 35.72% in the March 2020 quarter

Sales rise 25.20% to Rs 3186.96 crore