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Manchester City owners hopeful of adding Ligue 2 side Nancy to their growing portfolio of clubs

City Football Group (CFG) have been in negotiations with the Ligue 2 outfit about becoming the organisation's ninth team but the Coronavirus pandemic has put talks on ice.




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Fernandinho wants to sign another contract at Manchester City despite having signed deal in January

The Brazil international's current contract is set to run until the summer of 2021, and another one year deal would take him to the age of 37. Fernandinho has been at City since 2013. 




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Transfer news RECAP: Manchester United finally confirm £68m Bruno Fernandes move

With fewer than 48 hours until the deadline, teams across the continent are in frantic negotiations as they look to get their deals complete. Follow our live transfer blog here.




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Best of BS Opinion: Global financial system, coronavirus outbreak, and more

Here's a selection of Business Standard opinion pieces for the day




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There is nothing in budget to push private investments & exports: AK Anand

However, there are certain reductions in duties of components to promote domestic manufacturing




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Budget gives an impetus to infrastructure sector: Nand Kishore

Reduction in corporate tax rates for MSME to give a boost to medium and small companies




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Will continue as 'sentinel' of people of Kerala: V S Achuthanandan

Achuthanandan's remarks come a day after the party unanimously nominated Pinarayi Vijayan over him for the chief minister's post




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Pay tenants' rent! Calls for those with coronavirus symptoms to have their rent paid

The Government paying rents may be the only way to keep some tenants in their homes amid the coronavirus outbreak.




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Tenants plan next move ahead of easing of lockdown

Demand for rental properties has bounced back 30 per cent in the first two weeks of April after plummeting 57 per cent in the last two weeks of March, Zoopla said.




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Secretary (CPV and OIA) delivers his address at the inauguration of India-EU Seminar on 'Sharing of Good Practices on Migration Governance' in New Delhi





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External Affairs Minister meets Wang Qishan, Vice President of China at Zhongnanhai in Beijing





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External Affairs Minister meets Vivian Balakrishnan, Minister for Foreign Affairs of Singapore at 6th Joint Ministerial Commission in Singapore





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Prime Minister meets Xi Jinping, President of China at 'Arjuna's Penance' in Mamallapuram





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President signs Visitors Book at Malacanan Palace, Manila during his visit to Philippines [ph]Photo Courtesy: RB Photo [/ph]




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TONY HETHERINGTON: I smell a rat in this tale of a criminal tenant

I rented out my late mother's house. I chose Howards Estate Agents to find a suitable tenant in full time employment, but it later became apparent they were not and defaulted on the rent.




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TONY HETHERINGTON: Financial Conduct Authority is a disgrace and your £20k loss is proof

I looked for a safe investment and came across Wellesley & Co. I received a call, apparently from Wellesley but which turned out to be from a scammer. And I instructed my bank to transfer cash.




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Ten financial experts give their New Year's resolutions

Sir Steve Webb, Director of policy at Royal London:' Check my credit card statement properly. It's so easy to sign up for things on trial, then forget to cancel.




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Narendra Modi: Governance and that Hindutva image

Modi seems to prefer that Hindu strongman image remain tucked in reserve, to only come when called; life's been more complicated




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Startups need to opt for IPO to tackle fund crunch: Kris Gopalakrishnan

Gopalakrishnan advised startups to take minimum funds from angel, friends and families. They have to create minimum viable product, and establish unit economics and profitable model, he underlined.




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IIC seeks recognition, easier financing for social enterprises

Impact Investors Council (IIC), in its representation for Budget 2015, is requesting the Government to help galvanise the impact investment eco-system




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L&T turns to international business, financial services to power growth

Faced with a sluggish local market, L&T has turned to international business, software and financial services to power growth




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Coronavirus lockdown: Congress calls for financial package of 5-6% of GDP

The opposition party also demanded that the Centre pays all pending dues to states to enable them to fight the outbreak, besides giving each of them special packages.




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Govt should assist states with financial packages: Adhir Ranjan Chowdhury

Chowdhury said that the governments and doctors have done a nice job in comparison to other countries, considering India has a population of 130 crore




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AAP's focus on governance trumped BJP's polarisation: Shiv Sena

The Shiv Sena praised Delhi Chief Minister and AAP president Arvind Kejriwal, saying he single-handedly took on the 'army of BJP leaders'




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Delhi's sparkling finances: How Aam Aadmi Party managed things smartly

This was largely possible due to the revenue surplus position. However, the surplus has been shrinking of late




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Mayday: Landlords Brace for Impact as More Tenants Can’t Pay Rent

Hundreds of thousands of renters may miss rent payments for May as the coronavirus crisis enters its third month in the U.S. For smaller landlords, that means facing their own financial crisis. WSJ’s Jason Bellini reports. Photo: Fadhila Hussein




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Global financial conditions tightened abruptly due to COVID-19: IMF

The International Monetary Fund (IMF) in its Global Financial Stability Overview released on Tuesday has noted that early in 2020, global financial markets remained afloat as there was a sense of optimism on the back of supportive monetary policy, reduced trade tension and tentative signs of stabilisation in the global economy. However, the spread of COVID-19 has posed a risk that has seen the prices of risk assets and commodities fall at unprecedented speed.The document released by the IMF says that the equity markets experienced the fastest drop in history with the S and P 500 falling 20 per cent from its peak in just 16 trading sessions.The asset price declines reached about half the magnitude seen in 2008-09 at the worst point of the sell-off, and implied volatility spiked across asset classes, in some cases to levels last seen during the global financial crisis.Financial Counsellor and Director of the Monetary and Capital Markets Department, IMF, Tobias Adrian while releasing the




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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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Ujjivan Small Finance Bank IPO subscribed 4.67 times

Receives bids for 57.92 crore shares




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Ujjivan Small Finance Bank IPO subscribed 165.55 times

Receives bids for 2,052.12 crore shares




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Ujjivan Small Finance Bank IPO gets strong demand

Receives bids for 2053.80 crore shares




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Infra woes mar Mumbai's chance to emerge as global financial hub

However, experts believe Mumbai for all practical purposes is already an International Financial Centre




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Make in India, finance in UK: Harriett Baldwin

Interview with UK Economic Secretary to the Treasury




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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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Tamil Nadu: Blow for Karunanidhi family's business interests?

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




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Jayalalithaa deprives Karunanidhi of last hurrah

The J Jayalalithaa-led AIADMK has retained power by winning 134 seats in the 234 Assembly seats




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Adani Enterprises incorporates wholly owned subsdiairy - Nanasa Pidgaon Road

On 08 May 2020




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I was so hard on myself for years: Kanan Gill

In his new Netflix special, Kanan Gill revisits the letter he wrote as a teen to his future self but if he could go back in time, the stand-up comedian says he would tell his younger self to "relax" and live more. Gill, like the rest of the world, is self-isolating at home which he finds ironical considering how worried he was about not having any free time due to a packed schedule. But the spread of the coronavirus led to the cancellation of shows. "I am privileged that isolation for me just means having my usual life at home. I ended up having to cancel around six months of shows -I think it's so funny now that my calendar was packed with international shows till February and I was worried how little free time I had. "Now that I'm lucky enough to have all this time I have spent every waking moment working. That is life," he told PTI in an interview. Gill, who shot to fame with the YouTube show "Pretentious Movie Reviews" with fellow comedian Biswa Kalyan Rath, said he was already ...




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Tendulkar provides financial support to 4,000 underprivileged people

Indian cricket icon Sachin Tendulkar has donated an undisclosed amount to financially help 4,000 underprivileged people, including children from Brihanmumbai Municipal Corporation (BMC) schools, amid the COVID-19 pandemic. Tendulkar made the donation to the Hi5 Foundation, a non-profit organisation based out of Mumbai. "Best wishes to team Hi5 for your efforts in supporting families of daily wage earners," Tendulkar tweeted. The organisation, through a tweet, thanked Tendulkar for doing his bit for the needy. "Thanks @sachin_rt for proving once again that #sports encourages compassion! Your generous donation towards our #COVID19 fund enables us to financially aid 4000 underprivileged people, including children from @mybmc schools. Our budding sportspersons thank you, Little Master!" The legendary batsman had earlier contributed Rs 25 lakh each to Prime Minister's Relief Fund and Chief Minister's Relief Fund for the country's fight against COVID-19. Tendulkar had earlier pledged to ...




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Less projects will go on floors post lockdown, says Jackky Bhagnani

Actor-producer Jackky Bhagnani forbodes that in the post-coronavirus film industry, it might take more time for movies to be greenlit. Talking both from the perspective of a producer and actor, Jackky said there will be some changes that will happen once the countrywide lockdown is lifted. "As an actor, I see that there will be a lesser number of projects that will go on the floors. Most investors and producers will take their time to green-light projects. "As a producer, there might be some pragmatic decisions to be taken on which projects to do first and how to minimise costs without affecting the scale or demands of the script," he told PTI. Jackky's production banner, Pooja Entertatinment's two films -- Varun Dhawan and Sara Ali Khan-starrer "Coolie No 1" and Akshay Kumar's "Bell Bottom" -- were affected by the coronavirus pandemic. When asked about the plans for "Coolie No 1", which was expected to release countrywide on May 1, Jackky said, "I think it's insensitive to think of a




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Karnataka government announces financial aid to over 11k cobbler families

The Karnataka government has announced one-time financial relief of Rs 5,000 each to over 11,000 cobbler families in the state, whose daily life was affected by the COVID-19 induced lockdown. According to Deputy Chief Minister Govind Karjol, Chief Minister B S Yediyurappa has announced one time financial relief of Rs 5,000 for each of these families. "Due to COVID-19 lockdown about 11,722 families involved in road side leather work, like mending chappals and shoes, are in financial distress and their daily life has been affected," he said on Friday. The compensation will be distributed to beneficiaries through Babu Jagjivan Ram Leather Industries Corporation, Karjol, who is also in-charge of Social Welfare department, said. A delegation of opposition leaders led by the leader of opposition Siddaramaiah had met Chief Minister Yediyurappa yesterday and demanded that people belonging to sections like goldsmiths, carpenters, cobblers, tailors and ironsmiths be considered ...




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How to do financial goal planning

Your goals can be short or long term, small or large, but they all need to be achievable.




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Hyperactive state, governance crisis


Second a series of articles on civil society and governance, Jayaprakash Narayan describes the prevailing situation.




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Liberalization, literacy, governance


Fourth in a series of articles on civil society and governance, Jayaprakash Narayan answers a few commonly discussed questions.




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Good governance, by the book


After a lengthy process of consultation and debate, a model code for good governance is at the government's doorstep. Vinay Baindur lists its salient points, which if embraced by the Central government could go a long way towards erasing the history of poor administration in the country.




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Unanswered questions, forgotten middle path


Systematic and chronic under-investment in public goods such as education, law enforcement and infrastructure has already impacted our cities. And yet, we have not asked and answered a number of questions as a nation. C V Madhukar begins a new series.




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President Mukherjee must reject the Food Security ordinance


It is an opportunity for the President to assert the authority and independence of his office by rejecting a clearly political move that is a slap in the face of constitutional morality, writes Nitin Pai.




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Financing urban development


Several schemes to address different Indian urban issues are introduced by the government. Prachee Mishra discusses the fiscal and policy level challenges these schemes will encounter.





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WSJ's Financial Inclusion Challenge Winner: Hope Credit Union

The Wall Street Journal's first Financial Inclusion Challenge in the U.S. concluded with three finalists facing a panel of judges to answer questions about the impact and sustainability of their work. Hope Credit Union, based in Jackson, Miss., received the evening's top honors for its efforts to provide banking services in underserved regions of the American South. Video/Photo: Clara Ritger for The Wall Street Journal