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Startup Agnikul raises Rs 23.4 crore to put small satellites into space

Agnikul, operating out of National Centre for Combustion Research at IIT Chennai, is developing a satellite launch vehicle for payload capacity of up to 100 kgs




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Recko raises $6 mn in Series A funding; to use funds for expansion, hiring

The investment was led by Vertex Ventures SEA and India, and saw participation from existing investor Prime Venture Partners.




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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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ICMR and ICAR to collaborate for research on zoonotic diseases

Medical and agricultural research institutes ink MoU for cooperation in the area of zoonoses, anti-microbial resistance, nutrition and pesticide residues




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Dalmia Cement partners with IFC for resource efficiency assessments

The company kicks off low carbon cement technology roadmap under Cement Sustainability Initiative (CSI) India project




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Skoda India teases the New Superb in Legacy Of SKODA Video!

Vehicles have long been a true reflection of the progress of man. The innovations in the field of auto have been paralleled by very few. 29th of January is regarded as World Automotive Day. A tribute to all things on wheels, the day reflects upon ...




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BMW Showcases 5-series at 2016 Auto Expo

BMW has showcased its 5-series sedan at the 2016 Auto Expo. The German carmaker has the sedan running in India and stands against Audi’s A6, Mercedes’ E-class and Jaguar’s XE, which has made its Indian debut at the Expo. The car is lush with ...




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Emission scandal: Volkswagen apologises to Indian customers

The company however reiterated that its cars follow the country's norms and the recall of 3 lakh vehicles is a voluntary step taken by it




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Honda zooms in with 10 new product showcases at Auto Expo

Navi, a brand new 110 cc motorcycle, was among the launches




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Mahindra & Mahindra showcases XUV Aero, Tivoli at Auto Expo

XUV Aero is a coupe-styled vehicle based on its premium sports utility vehicle SUV 500




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Maruti showcases mini SUV Ignis, Baleno RS

The cars are to be launched around the festive season




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Why leadership remains central in crises

Strong leaders help a company survive over the longer-term but for a company to truly survive, it has to live beyond its leaders




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Don't exhaust ammunition, hold some for backlash, Rahul Gandhi advises govt

Calls for categorising areas into 'hot zones' and 'safe zones', and ramping up random testing to remain ahead of the virus instead of chasing it




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Bedi has no authority to differ from govt's resolve: Pondy CM apprises PM

The CM said he had apprised Prime Minister Narendra Modi and Home Minister Amit Shah of the "negative stand" the Lt Governor was constantly taking




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'Adventure tourism': TMC on central teams' visit to WB to assess Covid-19

West Bengal Chief Minister had shot off a letter to the Prime Minister on Monday, underscoring the "unilateral" and "undesirable" action, keeping her government in the dark




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Monsoon session of Parliament should begin on time in mid-July: V-P Naidu

Naidu, as chairman of the Rajya Sabha, has reached all members of the Upper House and is learnt to have told some that he hopes the session to follow 'normal schedule'.




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SC asks parties to reveal pending criminal cases against poll candidates

The apex court said political parties will also have to upload reasons for selecting candidates with pending criminal cases on their website




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Covid-19 cases in Afghanistan surge to 714, IMF gives debt relief

The Afghan Health Ministry said that 49 new COVID-19 cases have been registered in the country in the past 24 hours, which led the total cases surge to 714 on Tuesday.Kabul registered 18 new cases, maximum highest in the country, leaving behind Kandahar with 15 cases, Balkh 6 cases, Herat and Ghazni 4 new cases each, and Nangarhar 2 cases, according to the health ministry's data cited by Tolo News.At least 40 people have recovered from the virus in the country while 23 have succumbed to the highly contagious infection, the Health Ministry spokesman said.In the meantime, the International Monetary Fund (IMF) executive board approved immediate debt relief for 25 countries--including Afghanistan--in order to help these countries focus on COVID-19 response."Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to ..




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Spain's COVID-19 toll crosses 18,000 but daily deaths continue to drop

Spain's number of total deaths due to the coronavirus crossed 18,000 with 547 new deaths on Tuesday, which is a slight increase in the number of daily deaths reported as per the Spanish Health Ministry.On Monday, Spain had reported 517 deaths, which was one of the lowest daily increase reported in the last three weeks. As per the data from Johns Hopkins University, the current toll in Spain stands at 18,056.The Spanish authorities have also recorded a fall in the number of active cases for the first time since the outbreak. The authorities on Tuesday observed that the active cases had come down by 299 in the last 24 hours. Spain has now 86,981 active cases.Spain's overall tally of cases including the dead and recovered stands at 172,541. It has reported the third-highest fatalities in the world just behind the United States (23,649) and Italy (20,465)With 172,541 total cases, Spain is only behind the United States in the number of overall cases. The United States as of Tuesday has ...




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UK COVID-19 toll surpasses 12,000

The Department of Health and Social Care has reported that at least 12,107 people have died in the UK hospitals due to the coronavirus.This is an increase of 778 since the last update. 93,873 people in the country have tested positive for the coronavirus, as per CNN.There has been a discrepancy in the UK while reporting the deaths recorded among elderly residents.David Behan, chairman of home operator HC-One, has said that there could be discrepancies which may result in underreporting of deaths.Meanwhile, the Heathrow Airport in London, which is one of the busiest airports in Europe, has predicted a decline in passenger demand by over 90 pc in April, as the virus has halted the travel.




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Barack Obama endorses Joe Biden for President of United States

Former US President Barack Obama in a video message on Tuesday formally endorsed his former Vice President Joe Biden, who is gunning for the White House in the elections later this year.Obama while endorsing said: "The kind of leadership that's guided by knowledge and experience, honesty and humility, empathy and grace -- which kind of leadership doesn't just belong to our state capitols and mayors' offices. It belongs in the White House. And that's why I'm so proud to endorse Joe Biden for President of the United States."Biden has now become the presumptive nominee for the Democrats after fellow contestant Bernie Sanders withdrew and endorsed him. Biden will go up against the presumptive Republican nominee and incumbent President Donald Trump.Obama further said: "If there's one thing we've learned as a country from moments of great crisis, it's that the spirit of looking out for one another can't be restricted to our homes, or our workplaces, or our neighbourhoods, or our houses of ..




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Coronavirus death toll surpasses 24,000 in US

The coronavirus outbreak has killed more than 24,000 people in the United States, the highest number of fatalities in any country, data from the Johns Hopkins University showed on Tuesday.As of 1.20 pm EDT (5.20 pm GMT), fatalities in the US reached 24,485, according to the university's Coronavirus Resource Center.At least 584,073 coronavirus cases have been confirmed in the US, the largest number of infections among all countries.




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COVID-19 cases in France exceed 1 lakh mark

The number of coronavirus cases reported in France has passed 100,000, top French health official said on Tuesday."As of this evening, we have passed the 100,000 mark in terms of test-confirmed coronavirus cases," Jerome Salomon told reporters.France now has 103,573 confirmed cases, with 5,497 new infections recorded in the past 24 hours.The death toll is 15,729. Of them, 10,129 were hospital patients. The number of people who died in hospitals in the past day is 559.On Monday, President Emmanuel Macron extended the nationwide lockdown until May 11. Restrictions on public life went into effect on March 17 in a bid to limit the spread of the deadly coronavirus.




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Global coronavirus cases surpass 1.8 mn: WHO

The number of people infected with the new coronavirus worldwide has surpassed 1.8 million with 71,779 cases verified over the past 24 hours, the World Health Organization (WHO) said on Tuesday.According to the update, the global count of confirmed COVID-19 cases has reached 1,844,863, with the majority of them concentrated in Europe (943,272) and the Americas (644,986).The death toll has grown by 5,369 cases over the past day to a total of 117,021 fatalities, the report read.




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Coronavirus cases in US surpass 600,000; death toll at 25,575

The number of coronavirus cases in the United States has topped 600,000, according to data from Johns Hopkins University. The death toll has surpassed 25,000.While the number of cases stands at 602,989, a total of 25,575 people have died from the deadly virus in the country, reported Sputnik citing Johns Hopkins University.A total of 46,515 people have recovered as per the university's data.




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Australia Market rises 1.5%

Industrial stocks performed strongly with Transurban gaining 3.7% and Brambles up 4.2%. Healthcare out-performed with a gain of 6% in Sonic, 3.7% in Ramsay Healthcare, and 2.6% in CSL. Info tech and real estate sectors were up more than 3%.




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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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Australia Market extends losses

The latest survey from the Australian Industry Group revealed that the services sector in Australia continued to contract in April, and at a steeper pace, with a Performance of Services Index score of 27.1. That's down from 38.7 in March and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.




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Australia Market rises on ending coronavirus restrictions hopes

The Australian share market got a boost on hopes for an economic recovery at home after the government unveiled plans to end most coronavirus restrictions by July. Prime Minister Scott Morrison's announced a plan to ease social distancing restrictions in a three-step process, which would remove all curbs by July and get nearly 1 million people back to work amid a decline in coronavirus cases.




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Antony Waste Handling Cell IPO extends IPO, revises price band

Gets bids for 24.08 lakh shares by 17:00 IST on 9 March 2020




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Rs 15-lakh cr investment promises at Make in India

Maharashtra, which was the host state, alone received investment proposals of Rs 7.94 lakh cr and 3,294 MoUs




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Rupee closes higher

At 76.3875/76.3900 per dollar




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Domestic Mineral Production Rises 10% Over Year In February 2020

The index of mineral production of mining and quarrying sector for the month of February, 2020 (Base: 2011-12=100) at 123.7, was 10.0% higher as compared to the level in the month of February, 2019. The cumulative growth for the period April- February, 2019-20 over the corresponding period of previous year has been (+) 1.9 percent. Mining & Mineral Statistics Division of Indian Bureau of Mines functions as the nodal agency for statistics on mineral sector and releases this information.




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Currency In Circulation Rises 0.7% On Week

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India's Services Sector Witnesses Largest Month On Month Contraction

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Reserve Money Rises 1.5% On Week

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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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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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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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Sun TV sets, Raj TV rises on surprise TN poll outcome

Liquor shares end mixed despite DMK's defeat




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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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IRCTC, IRCON, IRFC to be listed on bourses: Jaitley during Budget address

Government will continue to use the ETF route for disinvestment of PSUs




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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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ICICI Securities firms up after Q4 PAT rises 28% to Rs 156 cr

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.




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IndusInd Bank Ltd gains for third straight session

IndusInd Bank Ltd is quoting at Rs 461.45, up 1.56% on the day as on 12:54 IST on the NSE. The stock is down 68.75% in last one year as compared to a 17.57% slide in NIFTY and a 31.78% slide in the Nifty Bank index.




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HDFC Life Insurance Company Ltd rises for third straight session

HDFC Life Insurance Company Ltd is quoting at Rs 519.65, up 5.08% on the day as on 12:54 IST on the NSE. The stock is up 26.88% in last one year as compared to a 17.57% slide in NIFTY and a 20.42% slide in the Nifty Financial Services index.




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Quick Wrap: Nifty Pharma Index rises 2.13%

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ICICI Bank consolidated net profit rises 6.92% in the March 2020 quarter

Total Operating Income rise 11.47% to Rs 21740.68 crore




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Avantel standalone net profit rises 27.55% in the March 2020 quarter

Sales rise 49.79% to Rs 21.69 crore




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Govt raises market borrowing plan to Rs 12 lakh crore for FY2021

RBI issues revised Calendar for issuance of Marketable Dated Securities for the remaining period of H1 (11 May - 30 September 2020)