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Companies tap bond markets at record rate to ride out coronavirus downturn

In Europe, investment grade-rated companies raised $83.2 billion in April, according to Refinitiv data.




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Adani Enterprises to raise Rs 1,000 crore through NCDs

The company said that it will seek shareholders' nod for raising up to Rs 2,500 crore through QIP.




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HDFC to raise Rs 5,000 crore via bonds

The coupon on the bonds, to be maturing in December 2021, has been fixed at 7.06 per cent per annum.




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Tata Motors scraps plan to raise Rs 1,000 crore through NCDs

On April 28, Tata Motors had said it would be issuing non-convertible debentures worth Rs 1,000 crore.




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10-year benchmark bond yields fall to 2009 level, may reverse on higher borrowing plan

A hike in taxes on fuels, which will add to government’s revenue, helped lift sentiment.




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Bond yields likely to spike after govt raised borrowing targets

The gross borrowing programme for the year has been increased to Rs 12 lakh crore.




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Discussed decision to shut 6 MF schemes with Sebi, says Franklin Templeton

This is the first instance when a fund house is shutting its schemes because of coronavirus related pandemic.




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Wall Street Week Ahead: US data deluge to underscore divide between roaring market, plunging economy

Though bleak, that number was smaller than analysts’ expectations of 22 million jobs lost.




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ICICI Bank Q4 results: Profit jumps 26% YoY to Rs 1,221 crore; provisions rise 9% YoY

Analysts in an ETNow poll had projected the number at Rs 3,000 crore.




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HDFC AMC Q4 results: PAT falls 10% YoY to Rs 250 crore; firm announces dividend of Rs 28 per share

The company's total income declined 17.90 per cent YoY to Rs 449.62 crore in the January-March quarter




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How to beat lockdown blues: What sports psychologists recommend for athletes

The Covid-19 outbreak brought the world to its knees, leading to sealing of borders, ban on travel, and postponement or cancellation of all major sporting events. So, here they are now, confined to their homes with the Games delayed by a year, no competitions, no proper training and no sign of light at the end of the tunnel.




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Manohar may continue as ICC chairman for 2 extra months, Graves favourite to take over

In all likelihood, England and Wales Cricket Board (ECB) chairman Colin Graves will replace the former BCCI president, who, it is learnt, has decided against seeking an extension for a third two-year-term.




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Australian Govt looking at travel exemptions for Indian cricket team's Test tour: Reports

Cricket Australia is under huge financial pressure due to global lockdown and has laid off 80 percent of its staff. India's four-Test tour in December-January could provide a relief to the struggling bldy




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India lose top spot in ICC Test rankings to Australia

India lost the top spot in the ICC Test rankings to Australia on Friday, dropping to third after their stupendous 2016-17 record was eliminated from the annual update as per rules.




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Plan to resume national camps shut due to COVID-19 from May end: Sports Minister

Sports Minister Kiren Rijiju on Sunday said his ministry is devising a plan for phase-wise resumption of national camps for Olympic-bound athletes by the end of this month.




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Tendulkar provides financial support to 4,000 underprivileged people

Tendulkar made the donation to the Hi5 Foundation, a non-profit organisation based out of Mumbai.




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Gold gains as US jobs data adds to slowdown fears

US gold futures rose 0.6 per cent to $1,698.70.




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Palm oil rises on lower Indonesian inventories; set to post weekly loss

Palm oil has ended lower for the past three sessions, and has lost 5% so far this week.




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Neon to Nature: Nevada beyond Las Vegas

The glitz of Las Vegas lures every explorer. However, a trip to Nevada can offer much more than its famed glamor. The state of Nevada, which houses Las Vegas...




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Varanasi's ghats, Hampi's attractions & Goa's iconic churches: Destinations which are every photographer's paradise

India’s diverse culture is truly a photographer’s delight.




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From CSMT to Howrah junction, Indian railway stations that are tourist attractions in their own right

Railways stations that are India's pride.




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From Srinagar's Tulip festival to Assam's Rongali Bihu, spring time fests you just can't miss out on

Time to get into the festive spirit.




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From blue-green lagoons to lush rainforests, explore top attractions of Fiji

It’s time to say ‘Bula’ as Indian filmmakers make plans for filming in Fiji.




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All natural—in pursuit of an American travel story

Image credit: iStock If you have completed your American travel bucket list by visiting Los Angeles, New York City, and the likes, then we suggest you rehas...




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Amazon says focus on original content to light up FireStick sales

Amazon Fire TV Stick is a content streaming device that plugs into an HDTV and lets customers access Prime Video and other OTT services such as Netflix and Hotstar.




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Toonz aqcuire majority stake in Telegael

The deal between India-based Toonz and Ireland’s Telegael brings many strategic synergies, making this a complementary venture for both companies.




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Brains behind idiot box: A quick look at the history of television

The first public demonstration of colour TV broadcast happened this week 90 years ago, setting the foundation for a major change in the way audio-visual media is consumed.




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Desi dreams: The rise of Indian internet content creators abroad

Children of Indian immigrants are going against the tide and becoming internet content creators, even if it means giving up stable and well-paying jobs.




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For the love of chicken & mutton biryani: How political gatherings helped caterers grow big

Tamil Nadu’s love for biryani probably stems from the state’s love of rice.




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Why do chefs in India continue to serve imitations

Why do chefs in India continue to serve so much pastiche on the plate while pretending it is original work? One reason is that audiences lap it up.




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OnePlus India launch highlights: OnePlus 8 priced at $699, 8 Pro to cost $899; Bullets Wireless Z, Warp Charge 30 Wireless charger unveiled

Both phones will come in 8GB + 128GB and 12GB + 256GB storage variants.




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From Baati to Baqarkhani: The art of making roti

The chapati recently made an appearance in NYT Cooking as an unleavened curiosity in a world overrun with fluffed-up delights. It may be the most common way in which north Indian homes make their daily bread but there is more to it than simply roasting it on a hot iron tawa.




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Target to recoup lost deposits by year end: Prashant Kumar

"After the moratorium, it was expected that there would be outflows."




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Cadila, Aurobindo & Dr Reddy’s top bets in pharma space: Axis Capital

‘Demand environment, supply opportunity and currencies are the three major drivers for pharma’




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Investors lapping up consumer, insurance, pharma & telecom stocks due to earnings certainty: ASK Investment

‘Investors focusing on predictability, sustainability and better quality businesses’




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States to which migrant labourers are returning must use this to attract investment: Vikram Kirloskar

'Moratorium will probably have to get extended in a lot of cases.'




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Expect RIL to conduct stake sale of up to 20%: Edelweiss Securities

‘The debt will come down even further if fibre InvIT and Aramco sale happens’




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Pharma & tech cos will continue to perform well going forward: TCG AMC

‘As economic activity resumes, expect a further revival in the market in the coming months’




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If you think way to normalisation will be very short, that's a mistake: Lakefield Partners

'Investors are hoping that we will go back to normal, as it was before corona'.




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Need to deal with labour issue with a long-term perspective: RC Bhargava

'You have to get right kind of worker with right kind of skills'




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Forex reserves touch record high at $453 billion

Reserves rose by $2.34 billion during the week under review.




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India allows late foreign-exchange deals to lure trade home

London has overtaken Mumbai to become the top center for trading the rupee




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Forex kitty sees first drop in 6 months to $481.89 billion

The last time forex reserves declined was in the week to September 20, 2019, when it had fallen by $388 million to $428.58 billion.




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Rupee cuts losses to end flat at 76.27 as dollar weakens

Forex traders said the rupee is trading in a narrow range as losses in the greenback supported the rupee, while weak domestic equities weighed on the local unit.




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Realtors allege cartelization by cement, steel companies

The Confederation of Real Estate Developers' Association of India (Credai) has written to minister for housing & urban affairs Hardeep Singh Puri, seeking urgent measures to control the hike in the prices of cement and steel amid the ongoing pandemic crisis.




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Delhi govt issues 4.75 lakh e-tokens to buy liquor

Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores.




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Realtors body Credai reports 40-50% hike in cement, steel prices; alleges cartelisation

Realtors' apex body Credai on Saturday said cement and steel rates have increased by 40-50 per cent in last few weeks despite the lockdown and alleged price cartelisation and unfair trade practices by the manufacturers.




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Karnataka government conditionally permits garment units to operate in red zones

The government had recently allowed certain industrial activities other than in the containment zones to operate, while relaxing the COVID-19 induced lockdown in the state.




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Kalyan Jewellers to open 10 showrooms in green zones of Karnataka, Odisha, Assam and Puducherry

The company has already started operations in the Middle East, with the re-opening of 9 standalone showrooms in UAE and 3 showrooms in Qatar on the occasion of Akshaya Tritiya. Kalyan Jewellers will be following the highest level of safety and precautionary measures across operational showrooms, to safeguard the health and safety of both customers and staff alike.




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JNU releases tentative academic calendar for Monsoon session, set to return to classes by June 25

In case, the examination results are not ready by July 31, students will have the opportunity to provisionally register and move on to the next semester, the VC said. The entire monsoon semester registration process will be completely online making it easy for the students to register even from their homes.