Aditya Birla Health Insurance to get Rs 665-cr capital infusion from Abu Dhabi Investment

Following the transaction ADIA will hold 9.99 per cent stake in ABHI

BLContext | Explainer: What is the Energy Conservation Amendment Bill 2022?

Watch | Nifty prediction for the week 8-12 August 22 by BL GURU

BL Pulse Podcast: Covid-19, Monkeypox & how to protect your kids

Watch | Advertising is the glue that binds brands and customers: Malcolm Poynton

Watch | Royal Enfield 350 Hunter 2022 Review

Watch | Royal Enfield 350 Hunter 2022 Review

Royal Enfield has now launched the Hunter 350 a new roadster built from the ground up.

Subscriber Exclusive

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Nifty call: Buy at current level of 17,675, go long at 17,620

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More domestic gas for city distributors, a big positive for players

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Short MCX lead futures

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PNC Infratech Q1FY23 holds promise with robust orderbook and profitability

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Q1 FY23: OMCs bleed due to marketing losses

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Bharti Airtel Q1: Inline results and stable operating metrics

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IRB beats estimates in Q1FY23, but the stock is expensive

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Weekly Rupee View: INR to remain sideways

Top Gainers/Top Losers

Stocks

Commodities

Forex

Gold & Silver

Sterling and Wilson Renewable shares dip 4 per cent

Rupee falls 9 paise to 79.71 against US dollar in early trade

Sensex drops 155 pts in early trade; Nifty tests 17,600

Nikkei hits 7-month high on hopes for smaller US rate hikes

Aviation stocks fly high as govt lifts domestic airfare caps

8 Bengal IPS officers summoned by ED in coal smuggling case

Short MCX lead futures

Hindalco ties up with Greenko to source 100 MW green power

Steel cos pay higher royalty on iron ore even as prices dip

Go short on copper futures

Rupee falls 9 paise to 79.71 against US dollar in early trade

Rupee falls 36 paise to close at 79.61 against US dollar

Rupee trades in narrow range against US dollar in early trade

Rupee rises 15 paise to close at 79.48 against US dollar

Rupee rises 11 paise to 79.52 against US dollar in early trade

8 Bengal IPS officers summoned by ED in coal smuggling case

Short MCX lead futures

Hindalco ties up with Greenko to source 100 MW green power

Steel cos pay higher royalty on iron ore even as prices dip

Go short on copper futures

Opinion

Trending

Broker’s Call: Steel Authority of India (Hold)

Brigade eyes ₹4,000 crore sales revenue from two projects in Chennai, Bengaluru

Fare caps on domestic flights to be lifted from August 31

Shree Renuka Sugars pares Q1 loss to ₹103.4 crore on higher income

Books

Economy

FinMin believes concerns over inflation, current account deficit waned in last three months

FinMin believes concerns over inflation, current account deficit waned in last three months

Rethink on resumption of GST compensation to States ruled out

With improved occupancy, pay packages of most hoteliers increased in FY22

With improved occupancy, pay packages of most hoteliers increased in FY22

Domestic tourism recovers from the impact of Covid

Freebies, welfare schemes, as different as chalk and cheese, says SC

Freebies, welfare schemes, as different as chalk and cheese, says SC

Says time to trigger national debate; refuses to de-recognise political parties that resort to freebies

Competition Bill will facilitate ease of doing business, says CCI Chairperson Ashok Kumar Gupta

Competition Bill will facilitate ease of doing business, says CCI Chairperson Ashok Kumar Gupta

CCI will gear up to meet the proposed M&A approval timeline of 150 days

Agri Business

A bitter-tasting repellant to keep pink bollworms away from cotton

NRAA proposes policy to accelerate growth of rainfed agriculture

FCI to procure 8 lakh tonnes of fortified parboiled rice from Telangana

To explore feasibility study for rubber farming in Kolhapur: Rubber Board

Agri fintech start-up KiVi offers farmers digital solutions on phygital platform

Ukraine grain shipments from key centre expects "big uptick''

Avanti Feeds posts ₹73 cr PAT in Q1

Money & Banking

Aditya Birla Health Insurance to get Rs 665-cr capital infusion from Abu Dhabi Investment

Aditya Birla Health Insurance to get Rs 665-cr capital infusion from Abu Dhabi Investment

Following the transaction ADIA will hold 9.99 per cent stake in ABHI

Paytm loan disbursal surges 512 per cent to Rs 2,090 crore in July

Paytm loan disbursal surges 512 per cent to Rs 2,090 crore in July

Monthly transacting users on the Paytm Super App up 41 per cent at 77.6 million

Govt re-nominates Marathe, Gurumurthy, Iyer and Chaturvedi on RBI Central Board

Govt re-nominates Marathe, Gurumurthy, Iyer and Chaturvedi on RBI Central Board

Currently, there are 13 directors on the central board of RBI

IDFC First Bank: ‘Our model is designed to generate 2% ROA’

IDFC First Bank: ‘Our model is designed to generate 2% ROA’

IDFC First Bank chief V Vaidyanathan spells out why he’s upbeat about the bank’s profitability

In India, 7.3% of the population owned digital currency in 2021: UN

In India, 7.3% of the population owned digital currency in 2021: UN

India ranked seventh in the list of top 20 global economies for digital currency ownership in 2021

Q1 results: PB Fintech loss widens to ₹204 crore

Q1 results: PB Fintech loss widens to ₹204 crore

PB Fintech, the parent firm of online insurance broker Policybazaar, had posted a loss of ₹110.84 crore in Q1 FY22

Markets

Today’s Poll

Should BSNL be privatised?

quicktake

Quick Take: Why the stock markets cheered, while bond markets sulked post Budget

Though the Budget had every excuse to announce some populist handouts ahead of upcoming State polls, it seems to have refrained

Broker’s Call: Steel Authority of India (Hold)

Brigade eyes ₹4,000 crore sales revenue from two projects in Chennai, Bengaluru

Fare caps on domestic flights to be lifted from August 31

Shree Renuka Sugars pares Q1 loss to ₹103.4 crore on higher income

Broker’s Call: Steel Authority of India (Hold)

JSW Energy arm to buy Mytrah Energy’s renewables portfolio for ₹10,530 crore

India may not benefit from Industry 4.0

Writing, printing papers prices hiked by ₹3,000-5,000/t from August 1

Editor's pick

Now, charitable institutions and trusts need to maintain exhaustive documents to claim tax exemption

Now, charitable institutions and trusts need to maintain exhaustive documents to claim tax exemption

Effective August 10, a new rule 17AA has been added

With improved occupancy, pay packages of most hoteliers increased in FY22

With improved occupancy, pay packages of most hoteliers increased in FY22

Domestic tourism recovers from the impact of Covid

Adani Group plans over ₹41,000-crore alumina refinery in Odisha

Adani Group plans over ₹41,000-crore alumina refinery in Odisha

The refinery will have an annual capacity of 4 million tons

Competition Bill will facilitate ease of doing business, says CCI Chairperson Ashok Kumar Gupta

Competition Bill will facilitate ease of doing business, says CCI Chairperson Ashok Kumar Gupta

CCI will gear up to meet the proposed M&A approval timeline of 150 days

Income-tax payers will not be eligible to join Atal Pension Yojana from October 1

Income-tax payers will not be eligible to join Atal Pension Yojana from October 1

According to the pension regulatory authority, 4.32 crore subscribers were enrolled in the scheme as of July 21, 2022

Steel cos pay higher royalty on iron ore even as prices dip

Steel cos pay higher royalty on iron ore even as prices dip

Delay in fixing prices by IBM leads to higher royalty payments for steel companies

8 Bengal IPS officers summoned by ED in coal smuggling case

8 Bengal IPS officers summoned by ED in coal smuggling case

ED suspects collusion on the part of police officers in pilferage of coal from the Eastern Coalfields Limited.

Muthoot Finance bags Dun & Bradstreet award

Muthoot Finance bags Dun & Bradstreet award

Muthoot Finance wins Dun & Bradstreet’s ‘best growth performance award’

Multimedia

Companies

Q1 results: Aster’s consolidated PAT grows 34% to ₹80 crore

Q1 results: Aster’s consolidated PAT grows 34% to ₹80 crore

Aster DM Healthcare’s consolidated revenue was up 12% to ₹2,662 crore in Q1 FY23

Samsung’s Jay Y Lee pardoned by South Korea, may rejoin board

Samsung’s Jay Y Lee pardoned by South Korea, may rejoin board

South Korean President Yoon Suk Yeol has cleared the heir to the country’s biggest company of bribery charges

10 crore doses of Corbevax supplied to Centre: Biological E Ltd

10 crore doses of Corbevax supplied to Centre: Biological E Ltd

2.9 crore children have received the two-dose vaccination regimen so far, said a company release

Value of fraudulent transactions at Srei group entities likely to be at around ₹14,000 crore

Value of fraudulent transactions at Srei group entities likely to be at around ₹14,000 crore

Arena Investors, VFSI Holdings among companies that are said to have submitted resolution plans

Apollo Hospitals profit down 35% at ₹324 crore in Q1

Apollo Hospitals profit down 35% at ₹324 crore in Q1

Consolidated revenue from operations muted at ₹3,796 crore

Bata India clocks ₹119 cr net in Q1 as cost-focused initiatives pay off

Bata India clocks ₹119 cr net in Q1 as cost-focused initiatives pay off

Highest ever quarterly sales for the shoe company come on the back of significant momentum across all sales channels

Info-tech

Samsung’s Jay Y Lee pardoned by South Korea, may rejoin board

Samsung’s Jay Y Lee pardoned by South Korea, may rejoin board

South Korean President Yoon Suk Yeol has cleared the heir to the country’s biggest company of bribery charges

A spate in DDoS attacks in Q2 in 2022

A spate in DDoS attacks in Q2 in 2022

Average DDoS attack duration up by 100 times to 3,000 in Q2: Kaspersky

Airtel’s Wynk Music launches new feature to promote independent artists

Airtel’s Wynk Music launches new feature to promote independent artists

Wynk Studio could be key differentiator to compete with YouTube, Spotify

Google improves ‘Featured Snippets’ for Google Search

Google improves ‘Featured Snippets’ for Google Search

Featured Snippets callouts uses Multitask Unified Model and consensus

Google opposes Facebook-backed proposal for self-regulatory body in India

Google opposes Facebook-backed proposal for self-regulatory body in India

Lack of consensus among tech giants increases likelihood of a government panel being formed

Microsoft open sources its emoji for creators

Microsoft open sources its emoji for creators

Microsoft’s 1,538 emoji library available on Figma and GitHub

Portfolio

Q1 FY23: OMCs bleed due to marketing losses

Q1 FY23: OMCs bleed due to marketing losses

Prices of motor fuels were kept at levels equivalent to $75-80 per barrel of crude

Bharti Airtel Q1: Inline results and stable operating metrics

Bharti Airtel Q1: Inline results and stable operating metrics

Results reflect consistent progress made in recent quarters

IRB beats estimates in Q1FY23, but the stock is expensive

IRB beats estimates in Q1FY23, but the stock is expensive

The company is trading at a one year forward P/E of 26.6 times against its historical average (5 year average) of 11.8 times

Why investors should look beyond MTM losses of SBI in Q1 FY23

Why investors should look beyond MTM losses of SBI in Q1 FY23

With a At Rs ₹50-lakh crore trillion of balance sheet, SBI’s ability to keep pace with overall market momentum is an important factor

What charts say about 6 key sectors and how to play them

What charts say about 6 key sectors and how to play them

Do note that all the indices are selected purely based on the price action seen on the charts using technical analysis

Looking for safe havens? Try treasury bills

Looking for safe havens? Try treasury bills

Here is a complete lowdown on treasury bills, which are a good alternative to bank deposits, small savings schemes

Videos from BusinessLine on Campus

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Speaking at the grand finale of BLoC Boardroom Challenge 2021, he offers six insights to B-schoolers.

Masterclass on how to solve a business case by Vishwadeep Kuila

Masterclass on how to solve a business case by Vishwadeep Kuila

Speaking at the grand finale of BLoC Boardroom Challenge 2021, Kuila offers realistic advice to crack a case.

'Thinking about the future will help'

'Thinking about the future will help'

Mohammed Thaysir of Chennai Business School, says students shouldn't be stuck on just getting a job

Is your job a 100-metre dash or a marathon?

Is your job a 100-metre dash or a marathon?

Treat the first three years of your job as an extension of your management programme

'For an interview, prepare thoroughly about yourself'

'For an interview, prepare thoroughly about yourself'

Great Lakes Institute of Management student, Akanksha Ahuja gives you a few tips on acing interviews

'Don't ask the interviewer irrelevant questions'

'Don't ask the interviewer irrelevant questions'

Bharath Prasad, a graduate of GLIM, says it's better to not ask questions than asking half-baked ones

Slideshow

video

BL Podcast: Bihar Political Crisis: What next for Nitish Kumar?

BL Podcast: Bihar Political Crisis: What next for Nitish Kumar?

With Nitish Kumar breaking all alliances with the BJP, it remains to be seen how the politics of Bihar would shape now.

Resources

Aug 11, 2022

RBI issues digital lending norms to curb malpractices. Read full text here

Aug 11, 2022

RBI cancels Rupee Coop Bank licence

Feb 01, 2022

Budget 2022-23: Speech of Finance Minister, Nirmala Sitharaman

Walking in Indian Cities – A Daily Agony for Millions

Will Akasa Air’s contra bet on Boeing 737 Max instead of Airbus pay off?

Rakesh Jhunjhunwala’s Akasa airline has gone against the tide, placing its bets on Boeing aircrafts; it now needs to carve out a niche for itself

Breastfeeding, a responsibility, not choice

Rate of initiation of breastfeeding within an hour of birth has declined in 5 years

Blockchain: Piloting the future of aviation

Enables effective solutions that positively impact industry players and end consumers

Q1 FY23: OMCs bleed due to marketing losses

Prices of motor fuels were kept at levels equivalent to $75-80 per barrel of crude

Bharti Airtel Q1: Inline results and stable operating metrics

Results reflect consistent progress made in recent quarters

IRB beats estimates in Q1FY23, but the stock is expensive

The company is trading at a one year forward P/E of 26.6 times against its historical average (5 year average) of 11.8 times

Auroville: An utopian search for a better world

Akash Kapur’s ‘Better to Have Gone’ traces what happens when we believe deeply in a quest and give up everything in its pursuit

Lady doctors and the rocky path to healing

A handbook on India’s first women doctors holds up a mirror to the social and political realities of the 19th and early 20th century

Conquering Everest: A compelling account of how an impossible dream was achieved

Jim Davidson dwells in detail on the failure to make it in the first attempt and the harrowing return to physically and emotionally draining climb up