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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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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%

Powered by Capital Market - Live News




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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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Adani Enterprises incorporates wholly owned subsdiairy - Nanasa Pidgaon Road

On 08 May 2020




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Adani Enterprises incorporates subsidiary to manage road project

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




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ICICI Bank Q4 PAT rises 26% to Rs 1221 cr

ICICI Bank on Saturday (9 May 2020) said its net profit rose 26.04% to Rs 1,221.36 crore on 12.09% rise in total income to Rs 23,443.66 crore in Q4 March 2020 over Q4 March 2019.




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Pakistan eases nationwide lockdown even as coronavirus cases rise

Pakistan on Saturday began easing the month-long lockdown despite a steady rise in the number of the coronavirus cases which rose to 27,474 after health authorities reported a big jump of 1,637 infections and 24 deaths in a single day. Prime Minister Imran Khan on Thursday said that Pakistan would begin easing its nationwide lockdown in a phase-wise manner by allowing various businesses to open up from Saturday, citing the economic crisis due to the shutdown, which was enforced in the country in March end. The first phase of easing lockdown began as the government announced removing restrictions by allowing more business to open and operate from dawn to 5pm. The federal government was trying to provide maximum relief to the people but due to the current economic conditions of the country, the lockdown must be eased, the Express Tribune quoted Khan as saying. Sindh Chief Minister Murad Ali Shah and Adviser to Khyber-Pakhtunkhwa chief minister Ajmal Wazir said the provincial government .




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COVID-19 deaths in US' Ohio state nursing homes continue alarming rise

The number of people dying from the coronavirus in Ohio's nursing homes has continued to increase at an alarming pace. Close to 500 residents of long-term care centers have died of COVID-19 in the past three weeks, according to data released by the state this week. That's nearly double the total reported for the previous two weeks. The increase in deaths could be attributed to a significant jump or a backlog of cases being added over the past week, said Melanie Amato, a spokeswoman for the state health department. Since mid-April, more than 4,300 nursing home residents and staff members have tested positive for the virus. The numbers don't tell the entire story of how the virus has devastated nursing homes during the pandemic because the Ohio Department of Health has only released the totals for just the past three weeks. Before that, the state didn't require local health departments to report nursing home deaths linked to the virus.




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AIIMS director rushes to Gujarat after sharp rise in COVID-19 cases, fatalities

With Gujarat reporting a large number of COVID-19 cases and fatalities, medical experts from AIIMS, including its Director Dr Randeep Guleria, have rushed to Ahmedabad to provide expert guidance to doctors there on COVID-19 management. Following directions from the Centre, Dr Guleria, who is a pulmonologist, and Dr Manish Soneja from the AIIMS department of medicine left for Ahmedabad on special Indian Air Force flight on Friday evening, official sources said. With 390 more people testing positive for COVID-19 and 24 fatalities, the total number of cases in Gujarat climbed to 7,403 and the death toll reached 449 on Friday. Of the total coronavirus cases in the state, 5,260 have been reported from Ahmedabad district alone. "They will visit the Ahmedabad Civil Hospital and SVP hospital on Saturday to provide expert guidance and advice to the doctors on treatment for coronavirus-infected patients there," a source said.




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30 new COVID-19 cases in Tripura, total rises to 118

Thirty people, including 25 from BSF's 86th battalion, tested positive for COVID-19 in Tripura on Friday, taking the total number of cases to 118, Chief Minister Biplab Kumar Deb said. Of the 118 cases, 116 are active while two persons have been discharged from hospital after recovery from the infection. The fresh COVID cases were found among the Border Security Force (BSF) personnel of the 86 battalion and 138 battalion in Ambassa of Dhalai district, both of which were earlier declared as containment zones. A truck driver was also found to be among the new cases. Deb earlier spoke to the reporters at the civil secretariat here and said, "Even as large number of BSF personnel was infected by the deadly virus, there is no transmission among civilians. "I hope all COVID-19 patients in the state would recover," the chief minister said.




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17 fresh COVID-19 cases in Odisha; total rises to 287

Odisha on Saturday reported 17 new COVID-19 cases, taking the total number to 287, the Health and Family Welfare Department said. Twelve new cases were reported from Ganjam district, three were detected in Mayurbhanj and one each in Bhadrak and Sundergarh district, it said. The total number of infected people rose to 83 in Ganjam district. The number of cases in Bhadrak stood at 25 and total 13 cases were detected in Sundergarh. At present, there are 222 active cases in the state and 63 people have recovered. Two people from Bhubaneswar have succumbed to the disease, an official said. There are currently 298 people in hospital isolation in the state, he said. The state health department had on Friday conducted 3,348 tests for COVID-19, he said, adding that Odisha has so far tested 56,322 samples. As per an analysis by the department, 240 of the state's total 287 cases have been reported from five districts. Ganjam reported 83 cases, Jajpur 55, Khurda 50, Balasore 27 and Bhadrak 25. In




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Death toll due to COVID-19 rises to 1,981; cases climb to 59,662

The death toll due to COVID-19 rose to 1,981 and the number of cases climbed to 59,662 in the country on Saturday, registering an increase of 95 deaths and 3,320 cases in the last 24 hours, according to the Union health ministry. The number of active COVID-19 cases stood at 39,834, while 17,846 people have recovered and one patient has migrated, it said. "Thus, around 29.91 per cent patients have recovered so far," a senior health ministry official said. The total number of cases also include 111 foreign nationals. A total 95 deaths deaths were reported since Friday morning, of which 37 in Maharashtra, 24 in Gujarat, nine in West Bengal, seven in Madhya Pradesh, four each from Rajasthan and Uttar Pradesh, three from Andhra Pradesh and Tamil Nadu and two from Delhi and one each from Punjab and Haryana.




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57 new coronavirus cases in Rajasthan, total cases rise to 3,636

Fifty-seven new coronavirus cases were reported in Rajasthan on Saturday morning, taking the total number of cases in the state to 3,636 officials said. Maximum of the new cases -- 20 -- were reported from Udaipur and 15 in Jaipur, a government official said. Eleven cases were from Ajmer, three from Pali, two each from Rajsamand and Churu, and one each in Kota, Barmer, Jalore and Dausa, the official said. Rajasthan has reported 103 deaths due to COVID-19 so far and the maximum cases (1,160) and deaths (54) are from Jaipur.




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5 Bihar Military Police personnel test positive for COVID-19; count rises to 579

Five Bihar Military Police (BMP) personnel have tested positive for novel coronavirus, taking the total number of COVID-19 cases in the state to 579, a top health official said. All the fresh cases are from Khajpura area of Patna and their infection trail is being ascertained, Health Department Principal Secretary Sanjay Kumar said. Kumar tweeted late on Friday evening, "5 more COVID-19 positive cases in Bihar taking the total to 579. 5-males 30,36,50,52 and 57 years from Khajpura Patna. All are BMP jawans. We are ascertaining their further infection trail." Coronavirus has spread to 36 of the 38 districts in the state, officials said. Five patients have died so far and 307 people are still afflicted with the disease, while 267 have recovered, they said. One death each was reported in Rohtas, Munger, Vaishali, East Champaran and Sitamarhi districts. All the deceased were males and barring one, every one of them was below 60 years of age and with pre-existing medical conditions, the ...




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Four more test positive for COVID-19 in Uttarakhand, tally rises to 67

Four more people tested positive for COVID-19 in Uttarakhand on Saturday taking the total number of coronavirus cases in the state to 67. The cases were reported from Udham Singh Nagar district, a health department bulletin here said. With this, COVID-19 cases in Uttarakhand have risen to 67 out of which 46 patients have been discharged after recovery and one has died. The number of active cases in Uttarakhand currently stands at 20, it said.




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Maha: COVID-19 death toll rises to 12 in Amravati

The number of COVID-19 fatalities in Maharashtra's Amravati district rose to twelve on Saturday with the death of a 53-year-old man at the COVID facility here, an official said. The deceased, a resident of Masanganj locality in the city, tested positive for coronavirus on Friday night, he said. He was suffering from fever and breathing difficulty, the official said, adding that swab samples of the patient were taken on May 7. "There are now 60 active patients at the COVID ward. While five have been recovered, another patient was referred to Nagpur," the official added.




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ICICI Bank Q4 net rises 26 pc to Rs 1,221 cr

ICICI Bank on Saturday reported a 26 per cent rise in standalone net profit at Rs 1,221 crore for the March quarter. The bank had posted a net profit of Rs 969 crore in the corresponding January-March period of 2018-19. Total income during the quarter under review increased to Rs23,443.66 crore, from Rs20,913.82 crore in the same period of the preceding fiscal, ICICI Bank said in a regulatory filing. On the assets front, gross non-performing assets (NPAs) stood at5.53 per cent of gross advances as on March 31, 2020, compared to 6.70 per cent last year. Net NPAs or bad loans were trimmed to 1.41 per cent as against 2.06 per cent.




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11 more die of COVID-19 in West Bengal; toll rises to 99

Eleven more COVID-19 fatalities have been recorded in West Bengal, raising the death toll in the state to 99, Home Secretary Alapan Bandyopadhyay said on Saturday. At least 108 more people have tested positive for the virus in the state, taking the number of confirmed cases to 1,786, he said. The number of active cases stands at 1,243, the official said. Forty-nine patients have been discharged in the state since Friday following complete recovery from the disease, Bandyopadhyay said.




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Active COVID-19 cases rise to 1,800 in UP; Recovery rate 43 per cent: Official

The number of active cases of coronavirus in Uttar Pradesh went up to 1,800 on Saturday, while nearly 1,400 people have been discharged so far, a senior official said. Principal Secretary, Health, Amit Mohan Prasad said the national recovery percentage was 30 per cent but the figure was 43 per cent in Uttar Pradesh. "It is a matter of satisfaction that people are recovering and returning home," he said. The number of active infection cases is 1,800 as against 1,761 on Friday, while the number of people who have fully recovered has risen from 1,387 to 1,399, the official said. Prasad stressed that community surveillance will play an important role in coming days with the return of tens of thousands of migrants. There was a need for the 'gram nigrani samitis' in rural areas and 'mohalla nigrani samitis' in urban areas to work strictly, he said. "All those returning (to the state) are being kept in 21 days' home quarantine and those returning from abroad are also being put in quarantine.




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13 more test positive for COVID-19 in J-K, tally rises to 836

The number of COVID-19 cases in Jammu and Kashmir climbed to 836 on Saturday as 13 more people, including two nurses, tested positive for the disease, officials said. While 12 of the fresh cases are from the Kashmir Valley, one is from Jammu, they said. "Thirteen new COVID-19 cases were detected in the union territory on Saturday," the officials said. The total number of cases in Jammu and Kashmir has now reached 836, they said. "Of these, 767 are in Kashmir, while 69 are in the Jammu region," they added. Among the fresh cases detected on Saturday, three are from Super Speciality Hospital, Shireen Bagh here -- including two staff nurses and an attendant of a patient from Shopian, said Dr Salim Khan, COVID-19 nodal officer at Government Medical College, Srinagar. According to the officials, there are 459 active cases in the union territory -- 446 in Kashmir and 13 in Jammu -- and 368 patients have recovered. A total of nine COVID-19 patients have died in Jammu and Kashmir.




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RCF logs 35% rise in sales of complex fertilisers in April

State-owned Rashtriya Chemicals and Fertilizers Ltd on Saturday said it reported a 35 per cent increase in sales of complex fertilisers, marketed under Suphala brand, last month. "Despite enormous logistic and other challenges posed by COVID-19 lockdown, Rashtriya Chemicals Fertilizers Ltd (RCF)...registered an increase of 35.47 per cent in sale of its NPK fertilizers SUPHALA in the month of April, 2020 as compared to April 2019," an official statement said. Chemicals and Fertilizers Minister D V Sadananda Gowda congratulated the RCF for this sale performance. He expressed satisfaction that different fertiliser PSUs under his ministry are working hard to assist Indian farmers in overcoming difficulties of the lockdown announced to curb COVID-19 spread, the statement said. RCF chairman and managing director S C Mudgerikar said the company is ensuring continuous supply of fertilisers to the farmers, with adequate safety and hygiene. RCF has contributed Rs 83.56 lakh to PM-CARES Fund and




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The rise of migrant child labour


This is the first part of a three part series on child labour in Kerala by Navya P K, who is reporting on this topic for PII-­UNICEF Media Fellowship, which was awarded to her recently.




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A town full of surprises


Jhunjhunu's example can be emulated by other towns of this size. The work of the local groups has been diluted by institutionalisation, but mobilising people continues to pay dividends, writes Kalpana Sharma.




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Rise in Bond Yields Fan Spain Bailout Fears

An ominous rise in Spanish government bond yields fanned speculation that the country might need a bailout of its own. Matt Phillips reports on Markets Hub. Photo: Reuters.




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The Case for Owning Dividend Stocks as Rates Rise

Jenny Van Leeuwen Harrington of Gilman Hill Asset Management says dividend stocks do just fine when the Federal Reserve hikes rates, contrary to popular belief. B&G Foods (BGS) is one of her favorites now.




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'Muslim factor' in Bengal may surprise complacent CPI-M

There's more to being elected from Calcutta North than the ability to turn a phrase around different consonants at the same time, and Mohammed Salim is keenly aware of this fact.




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Why UP is the biggest surprise this election

Disaster Mayawati must be a warning signal to the ever growing queue of prime ministerial aspirants.




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As inequalities rise, the moral commons is vanishing


There is a dichotomy between the normative, rational principles enshrined in the law and the actual practice of public morality. We can overcome this only if we co-locate physically and mentally with fellow citizens, says Rajesh Kasturirangan.




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Watching prices rise, helplessly


The current situation of impotence that the Government finds itself in should prompt some soul searching about the reliance on market mechanisms to take care of India's food security, writes Kannan Kasturi.




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The rise of India and WSF


It will be a mistake to view the WSF merely as a platform for those dispossessed and displaced by market-driven globalization, says Rajni Bakshi.




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Corporate interests rise above all


Despite privatisation in the power sector, consumer interests are professed to be safeguarded through competitive processes and independent regulatory authorities, but a recent order in favour of Adani Power Ltd. dents such assertions. Shripad Dharmadhikary analyses the implications.




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What constrains our social enterprises?


Enterprises that seek to address socio-economic problems through focused business models could make significant impact with a little more support. Seema S Hegde discusses an example from Bangalore, and explains how the state and big business often fail to recognise that.




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Diesel threat in cities continues to rise


The sulphur content of diesel in India is 350 particles per million, twenty times that of the United States. Diesel exhaust is far more hazardous than petrol exhaust. Yet, diesel cars in Indian cities are rising with the association of automobile manufacturers pushing hard for it. Darryl D'Monte has more.




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River dolphin numbers rise


Recent conservation efforts, linked to the development of alternate livelihood options for local communities along the Brahmaputra, have led to new hope for Assam's state aquatic animal. Ratna Bharali Talukdar reports.




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Patients' rights on the rise


Amidst a rising tide of reports of medical negligence in the media, the courts have stepped in to interpret laws in favour of patients, and to award large punitive damages. Shoma Chatterji reports.




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A collective enterprise


As 2003 draws to a close, Rasika Dhavse reports on Janaagraha, a Bangalore's citizens platform for participative local democracy.




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Rise of the moneylender


When the Maharashtra state government started punishing moneylenders in response to rising farmer suicides in Vidarbha, hundreds of cotton farmers complained. "Who will give us credit now?" they asked. Third in his series, Jaideep Hardikar records the deep-rooted factors for the dominance of the moneylender in Vidarbha.




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High-rise fantasies


The deserted areas of Wadala lie cheek by jowl with a Mumbai Port Trust goods terminal. It lacks public transport and other amenities, but the MMRDA is hell-bent on spending Rs.4128 crores to erect a skyscraper here. Darryl D'Monte reports.




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Fifa 2014 showcased the rise of the global South as well as of Germany

The greatest show on earth just ended. It has seen the demise of greats and the democratisation of football.




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Domestic violence on the rise during lockdown

Adding to the long list of crisis during the lockdown, another societal evil is rearing it's head. Increasing domestic abuse has become a cause of concern.




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Ideas for kids for a breakfast surprise for Mom




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'Indian-American community not polarised but segregated'




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Equities close lower as Coronavirus cases rise, financial and metal stocks drag

Equities close lower as Coronavirus cases rise, financial and metal stocks drag





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Indian markets closed on account of Mahavir Jayanti, Asian shares rise

Indian markets closed on account of Mahavir Jayanti, Asian shares rise





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UK Covid-19 death toll rises above 32,000, highest in Europe




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First Covid-19 death in Noida, cases rise to 214

A 60-year-old man died due to coronavirus in western Uttar Pradesh's Gautam Buddh Nagar on Friday, becoming the first fatality in the district due to Covid-19, officials said.




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ICICI Bank Q4 net rises 26% to Rs 1,221 crore

ICICI Bank on Saturday reported a 26 per cent rise in standalone net profit at Rs 1,221 crore for the quarter ended March 2020. The bank had posted a net profit of Rs 969 crore in the corresponding January-March period of 2018-19.




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'Full-flower supermoon' rises on world starting to emerge from pandemic lockdowns