Gets bids for 24.09 lakh shares by 17:00 IST on 11 March 2020

Top honchos of the mutual fund sector debunk the belief that current expense ratios are high, argue in favour of consolidation of schemes, and highlight the changing role of technology

The process of choosing the Fund Manager of the Year in the equity category wasn't as tough as it was for the debt category given a tightly contested race

Men outnumber women nearly 2 to 1 on the first move up the management ladder. WSJ’s Vanessa Fuhrmans explains how this can hurt women right out of the gate.

Policy to boost logistics, ports and e-toll collection on anvil

Union Minister for MSME and Road Transport and Highways, Nitin Gadkari informed that a policy on imports substitution is being thought of in the wake of the new economic situation created by COVID-19 pandemic. He called upon various stake-holders to convert knowledge into wealth by improving quality through innovations and cutting down cost. He sited the example of a Nagpur based MSME Orange cluster taking up PPE making from scratch. These PPEs cost between Rs 550 to Rs 650 against the market price of about Rs 1200 for which country was heavily import dependent. The cluster is in a position to supply large quantity of PPEs.

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.

Laurus Labs slumped 8.86% to Rs 445.50 on the BSE.

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.

South Korea has reported 18 fresh cases of the new coronavirus in the past 24 hours, including 12 in the capital of Seoul, as health workers scramble to trace contacts after detecting a slew of transmissions linked to clubgoers. Figures released by South Korea's Centers for Disease Control and Prevention on Saturday brought national totals to 10,840 cases and 256 deaths. While the KCDC didn't immediately release specific details, most of the new cases were likely linked to the nightclubs in Seoul's Itaewon leisure district, which was brought to a sudden standstill Friday night following reports of the transmissions. Officials on Friday said they detected at least 15 infections linked to a 29-year-old man who visited three Itaewon clubs on Saturday before testing positive on Wednesday. The infections raised concern about a broader spread of the virus in the Seoul metropolitan area, where about half of South Korea's 51 million people live. South Korean Prime Minister Chung Sye-kyun in a

A new series based on actor Hilary Duff's character from "Younger" is in works at ViacomCBS. According to The Hollywood Reporter, the company is working with "Younger" creator Darren Star on the spin-off show that will see Duff returning as Kelsey Peters. The new show could be headed to Paramount Network, where the original series was slated to move for its sixth season. But the plans were shelved and the show remained in its original home on TV Land, which is owned ViacomCBS. "Younger", which started in 2015, features Sutton Foster as Liza Miller, a 40-year-old divorcee who has to manage her career in a publishing company having faked her identity as a younger woman to get her job, while her romantic and professional lives are measured against ups and comings. Duff's Kelsey Peters is a book editor at Empirical Press who befriends Liza after they start working together. The show also stars Nico Tortorella, Peter Hermann, Miriam Shor, Debi Mazar, Molly Bernard and Charles Michael

CBS network has given straight-to-season orders to TV spin-offs based on movies The Equalizer and Silence of the Lambs. The Silence of the Lambs series, titled Clarice, features Pretty Little Liars actor Rebecca Breeds as FBI agent Clarice Starling, the character portrayed by Jodie Foster and later Julianne Moore on the big screen. In The Equalizer reboot, Queen Latifah will play the role of a retired special-ops agent, the part previously essayed on TV and film by Edward Woodward and Denzel Washington. Chris Noth, Lorraine Toussaint, Tory Kittles, Liza Lapira, and Laya DeLeon Hayes also star. According to Entertainment Weekly, CBS also greenlit to series a new comedy from Chuck Lorre along with Marco Pennette titled B Positive. The network is planning to premiere the shows sometime later this year or in 2021.

Seoul has shut down more than 2,100 nightclubs, hostess bars, and discos after dozens of infections were linked to clubgoers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed by Mayor Park Won-soon on Saturday came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said that the entry bans on the facilities will be maintained until the city concludes the infections risks as meaningfully lowered. South Korea's Centers for Disease Control and Prevention earlier said 18 fresh cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive on Tuesday. But Park said 16 more cases were confirmed in Seoul alone in the following hours .

South Korea's capital has shut down more than 2,100 nightclubs, hostess bars and discos after dozens of coronavirus infections were linked to club goers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed Saturday by Seoul Mayor Park Won-soon came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said the entry bans on the facilities will be maintained until the city concludes that risks of infection have been meaningfully lowered. South Korea's Centers for Disease Control and Prevention, or KCDC, said earlier in the day that 18 new cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive days later. But Park said 16 more

Restrictions continued in Kashmir on Saturday in the wake of killing of Hizbul Mujahideen chief Riyaz Naikoo in an encounter with security forces on Wednesday, but the curbs were relaxed in some areas of the valley where the situation remained peaceful, officials said. Restrictions on the movement and assembly of people continued in the valley for the fourth consecutive day on Saturday following Naikoo's killing in Pulwama district of south Kashmir on Wednesday, the officials said. They, however, said the curbs were relaxed in some areas of the valley where the situation remained peaceful. Some relaxations in terms of allowing movement of people and opening of shops in certain areas have been allowed, they added. Deployment of security forces continued in vulnerable areas to maintain law and order, the officials said. While the government has been strictly enforcing the COVID-19 lockdown, restrictions were imposed across the valley on Wednesday the day Naikoo and his aide were killed

17-year-old Pratyusha Jha, wakes up scrambling for newspapers these days to look for any news about her pending board exams and is anxious about what the future has in store for her. Similar concerns are shared by Bipin Kumar, a class 12 student, who says the announcement of board exams from July 1 to 15 brought limited clarity as the larger questions remain unanswered. The COVID-19 lockdown, came with a different set of concerns for class 12 students, whose board exams were postponed midway following the outbreak of coronavirus, putting on hold their future plans as well. "Everyday I have been looking for news about the exams and about entrance exam dates. I feel unfortunate that this happened during the year I was supposed to take the big college leap. I don't want my future decisions to be shaped by this very year as what I opt to study now will remain with me lifelong," Pratyusha told PTI. Ending some uncertainty for students, HRD Minister Ramesh Pokhriyal 'Nishank' on Friday ...

The Bahujan Samaj Party on Saturday attacked the Uttar Pradesh government for exempting industries in the state from some labour laws, saying it comes at a time when the condition of labourers is the "worst" during coronavirus pandemic. In a series of Hindi tweets, BSP chief Mayawati said, "Due to the outbreak of COVID-19, the condition of labourers is perhaps the worst, and even then a mechanism has been implemented where instead of 8 hours of work, they are made to work for 12 hours. This is very sad and unfortunate. Change in labour laws should be in the interest of the labourers." "Babasaheb BR Ambedkar had brought the concept of overtime, if the labourers had worked for more than 8 hours in a day, when exploitation of labour was at its peak. Is it correct to push the country to that era," she asked in another tweet. The BSP chief also said, "Keeping the current situation prevailing in the country, the labour laws should be changed in a way, so that labourers working in a factory .

A man has been arrested for allegedly obstructing a public servant and damaging property in east Delhi''s Kalyanpuri area, police said on Saturday. The incident, which took place on Friday, was captured in a video and circulated on social media, they said. In the video, a shirtless man can be seen in inebriated state and obstructing a police gypsy. He repeatedly bangs on its windscreen and makes a crack on it. People are trying to take him out of the way, but he refuses and stands in front of the gypsy. "The incident took place on Friday around 4.30 pm in Trilokpuri area. The accused, identified as Harkesh, has been arrested. He was drunk at the time of the incident, Deputy Commissioner of Police (east) Jasmeet Singh said. "A case under IPC sections 186 (obstructing public servant in discharge of public functions), 332 (voluntarily causing hurt to deter public servant from his duty), 353 (assault or criminal force to deter public servant from discharge of his duty) and damage to ...

Easing curbs further in non-containment zones with riders like social distancing, the Tamil Nadu government on Saturday allowed private sector firms to resume work with 33 per cent work force and also permitted reopening of tea stalls to offer take away services from May 11. The government also extended the timings for groceries and vegetable shops from the present 5 pm till 7 pm, effective Monday, throughout Tamil Nadu. These outlets can start work from 6 am as usual. As regards standalone and neighbourhood shops in Chennai, they can function from 10.30 am till 6 pm as against the present cut off time of 5 pm, an official release here said. In all other parts of the state, these categories of shops can be open between 10 am and 7 pm. In Chennai city and suburbs, all private sector companies can resume work and operate between 10.30 am and 6 pm. In the rest of Tamil Nadu, the firms can work from 10 am to 7 pm. However, the workforce shall be confined to 33 per cent of the ..

Andre Harrell talks to the WSJ’s Lee Hawkins about the reasoning behind his decision to fire Sean Combs as his A&R at Uptown Records. Photo Associated Press

Uber and Lyft are aggressively cutting costs as fewer people take rides, UnitedHealth will offer customers $1.5 billion of help and discounts, and Russia’s Vladimir Putin moves to ease lockdowns amid economic challenges. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Josh Edelson / AFP

The Labor Department’s survey taken in April shows record job losses for the U.S. WSJ explains the context behind the historic numbers Photo: Justin Lane/EPA/SHUTTERSTOCK

Men outnumber women nearly 2 to 1 on the first move up the management ladder. WSJ’s Vanessa Fuhrmans explains how this can hurt women right out of the gate.

From its promising beginning and grand proclamations at international fora, the nation's Biodiversity Plan has undergone a massive erosion, as MoEF has consistently put economic values above environmental ones. Kanchi Kohli reports.

Wherever we are this August 15, we would do well to remember, and take heed of, what a very wise Indian said and did on this day 62 years ago, writes Ramachandra Guha.

New Delhi can easily develop the procedures needed to ensure that projects that have not been approved by either CWC or the Planning Commission do not get statutory clearances. Instead of using such powers, central agencies work more like agents for sub-optimal development. Himanshu Thakkar reports.

Given the present method of appointment, our chances of getting independent and unbiased Information Commissioners are close to zero, writes Krishnaraj Rao.

WSJ Heard on the Street's Miriam Gottfried visits Mean Street to shed light on how Viacom and CBS, since splitting into two companies in 2006, have experienced a role reversal in terms of growth. Photo: Getty Images.

With a stunning tally of 21 Lok Sabha seats in Uttar Pradesh, the Congress has stumped each of its political rivals in the country's most important political state -- the Bahujan Samaj Party, the Samajwadi Party and Bharatiya Janata Party. It will given the Congress leadership the strength to keep both the BSP and SP away from the United Progressive Alliance.

U.S. employers shed 701,000 jobs in March, in the worst month for job losses since the 2007-2009 recession. But these losses still don't show the pandemic's full impact on the labor market. WSJ's Eric Morath explains. Photo: JOHN MINCHILLO/ASSOCIATED PRESS

Phase IV: BSP has most 'tainted' candidates

Why is it that large expenditure on food subsidy in India does not achieve more in reducing undernourishment? At a New Delhi public hearing earlier this year, Dr. Amartya Sen addressed this question.

India has only 5,100 Industrial Training Institutes and 1,745 polytechnics compared to 5,00,000 similar institutes in China. The USA boasts of 1500 trade training programmes compared to India's 171. A national conference in Delhi this February recommended measures to bridge the yawning gap between growth and jobs, reports Varupi Jain.

The Indian economy is creating millions of varied job opportunities. Despite this, scores of educated youth are not readily employable and face a grim future. Companies are struggling to find and retain talent. Ramesh Menon on the challenges.

Far from subsidising the public, governments made the aam admi bear a substantial part of their expenditure on the production and sale of fuels, writes Kannan Kasturi.

Recent research by the Prayas Energy Group shows that notwithstanding a big spike in demand for LEDs in recent years, more steps are needed to phase out incandescent bulbs.

Long before the drought bit deep, Anantapur was already in trouble. The close links between workers, farming and industry were broken by the new policies of the 1990s. P Sainath continues his series on farmer suicides in Andhra.

It's no longer just landless labourers on the bus to Kutta. Many masons and carpenters are also crossing the border into Karnataka in search of work, spurred on by the collapse of employment in Wayanad. P Sainath continues his series on the agrarian crisis in Wayanad.

The Prime Minister has received at least two letters in the past week from eminent economists, activists and citizen groups, raising their voices against dilution of the Rural Employment Guarantee Act, which seems imminent from recent announcements by the government.

A unique strength of the NREGS is that citizens have the right to oversee its implementation, by direct scrutiny of its records. Sandeep Pandey provides daily updates on the progress of the social audit of the scheme in UP's Unnao district.

The Joint Parliamentary Committee report on pesticides in colas reads like a charge-sheet on the functioning of many government ministries. Sudhirendar Sharma reports.

In Karnataka, job-training programmes are on offer at a number of institutes, and yet, students unable to make it into college are not lining up in large numbers. Ironically, a manpower crunch exists across industries at the entry level, placing employers in a bind. Padmalatha Ravi digs deeper.

The latest vocational education courses are presenting job opportunities for high school graduates that their poor parents lacked. Institutes conducting bilingual training are particularly helpful for students who are very likely to have not schooled in English medium. Padmalatha Ravi has more.

In the major metros, a range of new vocational courses is helping high school students find jobs in the rapidly industrialising sectors. What about job-seekers in small towns and rural areas? Padmalatha Ravi reports on two NGO-led training innovations in Tamilnadu and Karnataka.

The government claims to provide equal opportunities for women, but the traditional power structure and corruption usually ensure the opposite. Aparna Pallavi reports from Ramtek, Maharashtra.

Offer to build 320,000 houses for slum-dwellers. Deliver only 1146. In two years, only a tiny fraction of the number of houses a Maharashtra government plan called for actually got built. Dilip D'Souza dissects an infamous cross-subsidy fiasco that was born as an election promise.

Property prices have gone up over the decades, but Mumbai leases land to private interests at rates as low as Rs.7 per sq.m. In the last three years alone, revenue authorities have on average lost close to Rs.48 crores, estimates Shailesh Gandhi.

Recreation and play grounds in the nation's commercial capital may soon be handed over to 'caretakers' with liberal concessions for builders and developers. Meanwhile, bona fide caretakers of public spaces, who've been doing the corporation's job for it for years, find new hurdles. Darryl D'Monte reports.

कार के लॉन्च को लेकर कंपनी का कहना है कि हमें खुशी है कि हम ग्राहकों के लिए Harrier की बीएस-6 रेंज के साथ उनके लिए ऑटोमैटिक ट्रांसमिशन भी लेकर आए हैं