Banks stocks were lower. National Australia Bank ended the day 2.3% lower Westpac and ANZ both declined about 1.5% while Commonwealth Bank dropped 0.8%.

Interview with Chief Minister, Madhya Pradesh

State worried over the delay as despite marathon meetings, several visits, the company is still conducting due diligence on various sites

The CII survey indicates that permits for enterprises, passes for workers and supply chain movement are the key hurdles for industry in exit from lockdown. For facilitating restart of economic activities, CII has suggested that in non-containment zones, businesses should be allowed to function without requirement of permits and only through intimation to local authorities. While state governments have mostly clearly communicated restart guidelines to businesses, firms are facing hurdles in movement of workers and raw materials in commencing operations. These are the findings of a nation-wide survey conducted by the Confederation of Indian Industry (CII).

Powered by Capital Market - Live News

Powered by Capital Market - Live News

Sales rise 69.34% to Rs 35.41 crore

Sales decline 12.66% to Rs 406.57 crore

Sales decline 7.68% to Rs 1073.60 crore

Sales decline 6.19% to Rs 656.05 crore

Sales rise 27.54% to Rs 13.20 crore

Sales rise 6.60% to Rs 209.26 crore

Sales decline 0.77% to Rs 462.25 crore

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

Sales decline 10.50% to Rs 237.94 crore

Sales decline 2.13% to Rs 3415.14 crore

Sales decline 2.72% to Rs 6.09 crore

Sales decline 53.40% to Rs 276.85 crore

Sales decline 57.18% to Rs 118.66 crore

Sales rise 13.39% to Rs 1798.05 crore

Sales decline 8.53% to Rs 175.13 crore

Sales decline 33.91% to Rs 3580.00 crore

Sales decline 9.01% to Rs 3625.86 crore

Rain and power cuts hits polling in southern districts

Some with direct connections to political dispensations could face heat; others considered close to the winning party could expect good times

Sonowal to take oath in Assam on Sunday, Mamata in West Bengal on May 27

Kerala's ministers had least average assets and the state also had least number of crorepati ministers

South India constitutes nearly 60% of India's plantation sector

Cyient skid 7.32% to Rs 214.75 after consolidated net profit slumped 58.26% to Rs 45.20 crore on a 2.92% decline in net sales to Rs 1,073.60 crore in Q4 March 2020 over Q3 December 2019.

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.

Gillette India fell 1.13% to Rs 4,934.50 after net profit slumped 40.31% to Rs 52.38 crore on a 12.66% drop in net sales to Rs 406.57 crore in Q3 March 2020 over Q3 March 2019.

Biocon gained 1.82% to Rs 356 after the company said it received establishment inspection report (EIR) for small molecules API manufacturing facility in Bengaluru.

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.

ICICI Securities jumped 3% to Rs 388.30 after consolidated net profit rose 28.3% to Rs 155.88 crore on a 12.5% rise in total income to Rs 481.94 crore in Q4 March 2020 over Q4 March 2019.

NLC India fell 0.46% to Rs 43.70 after the company said eight workers were injured in a fire accident at the TS II power plant in Neyveli, Tamil Nadu.

Procter & Gamble Hygiene & Health Care rose 0.27% to Rs 10190.15 after net profit rose 1.1% to Rs 91.10 crore on 6.2% decline in net sales to Rs 656.05 crore in Q3 March 2020 over Q3 March 2019.

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.

As per provisional closing, the barometer S&P BSE Sensex gained 199.32 points or 0.63% at 31,642.70. The Nifty 50 index gained 51.55 points or 0.56% at 9,250.60.

FMCG major Hindustan Unilever (HUL) jumped 4.81% to end at Rs 2088.35 after a foreign brokerage reportedly maintained an 'outperform' rating on the stock with a target of Rs 2,400 per share.

Sales decline 2.83% to Rs 616.61 crore

Sales rise 25.20% to Rs 3186.96 crore

Total Operating Income rise 11.47% to Rs 21740.68 crore

Sales rise 49.79% to Rs 21.69 crore

Sales decline 2.13% to Rs 476.13 crore

On 08 May 2020

Adani Enterprises on Friday (8 May) said it has incorporated a wholly-owned subsidiary company, "Nanasa Pidgaon Road" on 8 May 2020.

Nepal police on Friday arrested 45 Chinese nationals stranded in the country because of coronavirus restrictions after a protest turned violent, authorities said. Holding placards such as "I want to go home!" they attempted to push towards a prohibited zone near the prime minister's office in Kathmandu. Some police as well as demonstrators were injured after police used batons to stop them and the protesters threw stones. "They may face charges of protesting in the restricted zone and violating the lockdown under existing laws," police spokeswoman Kiran Bajracharya told AFP. Nepal suspended international flights on March 22 as part of precautionary measures against the spread of the coronavirus, and remain so until at least May 31. While several countries, including the US, the UK, Australia and France have chartered evacuation flights for their citizens in Nepal, no official flights have been made to rescue stranded Chinese nationals.

Democratic Party's presumptive presidential nominee and former US vice president Joe Biden alleged on Friday that President Donald Trump utterly failed to prepare for the COVID-19 pandemic and said his entire economic strategy is focussed on helping the wealthy and big corporations. Referring to the record 2.05 crore jobs lost in April alone, resulting in an unprecedented unemployment rate of 14.7 per cent now -- the highest since the Great Depression -- Biden, in a major policy speech, said it is an economic disaster, worse than any in decades, and it was made all the more worse because it did not have to be this way. "Donald Trump utterly failed to prepare for this pandemic and delayed in taking the necessary steps to safeguard our nation against the near-worst-case economic scenario we are now living in," he said in his remarks on "Trump's Disastrous Economy". COVID-19 caused a massive economic challenge, but the crisis hit the US harder and will last longer because Trump spent the

North Korea says leader Kim Jong Un sent a letter to Russian President Vladimir Putin to congratulate him on the 75th anniversary of the allied victory in World War II and wishing Russia success in fighting its coronavirus outbreak. The report by Pyongyang's official Korean Central News Agency on Saturday came a day after it reported Kim sent a personal message to Chinese President Xi Jinping to praise what he described as China's success in getting its COVID-19 epidemic under control. Some experts say the North could intensify its diplomatic outreach to neighbors, particularly China, as it seeks economic help after closing its border for months to fend off the virus. KCNA says Kim's message sincerely wished the president and people of Russia sure victory in their struggle to build a powerful Russia by carrying forward the tradition of the great victory in the war and to prevent the spread of the novel coronavirus infection.

Indian Olympic Association President Narinder Batra's tenure as the chief of the International Hockey Federation (FIH) has been extended till May next year after its annual congress was postponed due to the COVID-19 pandemic. The decision to postpone the Congress, which was earlier scheduled to begin in New Delhi on October 28, was taken at an online meeting of the FIH Executive Board on Friday. "I'm looking forward to the numerous tournaments and competitions ahead of us, which we are preparing with full dedication and passion with all National Associations involved," Batra said. The exact date of the postponed congress will be confirmed as soon as possible, the FIH said in a statement. "This decision, made due to the current uncertainties following the global COVID-19 pandemic, is based on Art. 12.1 of the FIH Statutes, covering cases of force majeure," it added. The postponement means the tenures of all the current FIH office-bearers get extension until next year's ...