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7.05 pm
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Customers counter Ola’s claim on dispatch of all e-scooters’ bookings
Ola CEO Bhavish Aggarwal tweeted that some e-scooters are in transit, most already at delivery centres6.35 pm
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Consumer durable firms to hike prices due to inflationary pressures in New Year
Companies have been battling challenges of steep hikes in costs of key raw materials, besides higher components and freight costs
6.05 pm
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Inflation remains a major worry, but FMCG companies hopeful of demand revival
May resort to price hikes to mitigate the impact
5:33 pm
Sensex, Nifty end a year full of milestones on a high note
4:45 pm
Rupee closes 2021 on firm note; settles 13 paise higher at 74.29 against USD
4.10 pm
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Media and entertainment industry on track to grow to $55-75 billion by 2030 : Report
Indian OTT sector in the ‘scaling stage’ with strong subscription growth and high investment in premium and original content3.35 pm
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Centre amends pay rules for IAS, IPS, IFS; sets timeline for filing current, pending property returns
Officials say amendment to help Centre to rejig bureaucracy in poll-bound States.3.20 pm
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The Nestery raises $500K from Rebalance Angel Community, FirstCheque, others
Curated marketplace company claims to have an annualised GMV run rate of approximately $2 million3.15 pm
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Ola Electric says dispatched e-scooters to all buyers
To open next purchase window 'very soon'3.05 pm
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TCIL standalone net profit at ₹52.7 cr in 2020-21; pays ₹21.1 cr dividend to DoT
Standalone revenue of the company stood at ₹1,749.2 crore in 2020-212.53 pm
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Ola dispatched all December deliveries of electric scooters: CEO
Ola’s Bhavish Aggarwal shares update on Twitter, speaks on new fully-digital process2.50 pm
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GST rate hike for textiles sector deferred
GoM to look into duty structure on textile along with overall rate rationalisation2.40 pm
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Indian shares on track for best year since 2017
Nifty and Sensex are up 24 per cent and 21 per cent, respectively, for the year2.30 pm
2.15 pm
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Home Ministry extends validity of FCRA registration of NGOs till March 31
But organisations such as Missionaries of Charity will not be eligible for benefits as their applications for renewal have been already rejected2 pm
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Sugar movement for domestic, export markets hit by logistics hurdles
Non-availability of rakes affects movement from Karnataka, Maharashtra1.50 pm
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Labour reforms, social security fund for informal workers will top Labour Ministry agenda in 2022
Govt committed to welfare of labour, says Minister Bhupender Yadav1.45 pm
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Insolvency cases: After missed timelines in 2021, process likely to speed up with improved infrastructure
NCLT and NCLAT continued to grapple with lack of resources in terms of vacant positions of judges and poor infrastructure1.40 pm
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I-T raids Uttar Pradesh entities engaged in perfume trade
SP says Kannauj MLC searched1.35 pm
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WallMantra raises ₹2 crore in seed round
To strengthen sales capabilities and introduce décor products for both Indian and US markets.1.30 pm
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Sensex up 570 pts intraday, Nifty above 17,300
Metals in focus; Midcaps, smallcaps gain1.15 pm
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From Reactions to Message Translation, Telegram introduces new features with year-end update
In 12th major update this year, messaging platform adds themed QR codes, hidden text (spoilers), more emojis as well1 pm
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What should you do post tepid listing of CMS Info Systems?
The stock currently trades at 22 times FY21 EPS12.50 pm
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With thrust on renewables, 2021 was a watershed year
A slew of reforms and revamp measures were targeted at enhancing efficiency and optimising costs12.45 pm
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As copra price plummets, Kerala sets process in motion to procure raw nuts
The industry is seeing a fall in prices after an increase in raw nut production12.40 pm
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Electric 2W industry may see ₹94,000-cr investments in 5 years: Sohinder Gill, CEO, Hero Electric
Hero Electric has seen a hockey stick growth curve in sales, driving it to expand Ludhiana plant capabilities.12.30 pm
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All you need know about GST Compensation
States are seeking an extension of GST compensation for five more years. Here’s why.12.20 pm
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Kerala Merchants Chamber opposes GST hike on textiles, footwear
There are more than 30,000 outlets of textile dealers in Kerala alone, employing nearly 2 lakh people12.11 pm
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After buoyant 2021, cotton prices to spin down in 2022
Higher acreage under the fibre crop would result in increased output causing prices to soften next year12 noon
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India’s Covid cases more than 10,000 for second day in a row
Omicron tally surges to 1,270 per Health Ministry data11.55 am
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We see a consistent return in demand for air travel, says Vinod Kannan of Vistara
The Chief Commercial Officer shares his thoughts on the growth strategy, trends and destinations that may see traffic in the new year11.50 am
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T cells come to the rescue as studies show they buck Omicron Covid variant
While antibodies block infection, T cells kill infected cells, preventing the virus from spreading and causing worse disease11.45 am
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Gold Futures pare opening gains, trades below ₹48,000; Silver slips into red
Comex gold maintains positive ground above $1,80011.40 am
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Nifty Call: Stay out of the market
Nifty can test 17,450-17,500 in the near-term11.30 am
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The daily dose: December 31, 2021
We curate some of the top stories of Covid-19 for you11.15 am
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Covid-19 vaccination: India has administered over 144.5 crore total doses so far
Over 66.65 lakh people were inoculated in the last 24 hours11 am
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Rupee gains 12 paise to 74.30 against US dollar in early trade
In the previous session, the rupee surged 29 paise to close at a more than one-month high of 74.42 against the US dollar10.55 am
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Tech Mahindra to acquire 100% stake in Allyis India and Green Investments LLC
To pay $125 million, including employment and performance-related earnouts.10.50 am
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Asia looks to China-focused trade bloc for virus recovery
The 15-member Regional and Comprehensive Economic Partnership includes China, Japan, South Korea and many other Asian countries10.45 am
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Digital transformation to accelerate infotech growth
Indian tech companies must invest more in R&D to to build platforms and command higher premium10.40 am
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Burger chains getting a bigger bite in Tier 2 cities
Open more outlets in more profitable smaller towns10.30 am
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CMS Info Systems sees lukewarm listing, lists at over 1% premium
Shares listed at ₹218.50 on the BSE, up 1.16 per cent over the IPO price10.25 am
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Sensex surges over 350 pts in early trade; Nifty above 17,300
Bourses in Shanghai and Hong Kong were trading with gains in mid-session deals, while Seoul and Tokyo were in losses10.20 am
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Parts of TN may continue to witness moderate to heavy rain
May last into the first two three days of the New Year10.10 am
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Mumbai cops on alert after intel inputs of possible terror attack by Khalistani elements
Weekly offs of staff cancelled10 am
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PB Fintech to invest up to ₹700 crore in Policybazaar Insurance Brokers
Also to invest up to ₹229.99 crore in Paisabazaar Marketing and Consulting9.50 am
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Covid-19: More restrictions on public gatherings in Maharashtra
The State reported 198 cases of Omicron variant infected cases on Thursday9.45 am
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Reliance New Energy Solar signs definitive agreement to acquire 100% in Faradion
Acquisition to be done at an enterprise value of £100 million9.40 am
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Government approves 19th tranche of electoral bonds; sale opens on Jan 1
The Finance Ministry adds that SBI has been authorised to issue and encash electoral bonds through 29 branches9.28 am
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Community spread of Omicron can overwhelm hospitals: Experts
The new, fast-spreading variant of concern has been found in 54 per cent of the latest samples analysed in the national capital9.26 am
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Vehicle recalls hit a five-year high in 2021
More than 7 lakh units recalled over airbag failure, faulty emissions, engine malfunction9.22 am
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Equity market to see a muted 2022 beginning: Motilal Oswal AMC
Financial, pharma, real estate stocks will outperform9.12 am
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With thrust on renewables, 2021 was a watershed year
A slew of reforms and revamp measures were targeted at enhancing efficiency and optimising costs9.05 am
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Omicron Covid variant casts shadow over India’s export prospects in 2022
Global trade shows signs of slow down but Indian exporters could find succour if the government negotiates favourable FTAs and schemes9 am
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LIC, GIC Re and New India systemically important insurers: IRDAI
D-SIIs refer to insurers of such size, market importance, and domestic and global inter-connected, whose distress or failure would cause significant dislocation in the domestic financial system.8.50 am
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Chennai witnesses spike in number of daily Covid-19 cases to 397
The spike in the city led to increase in the number of daily infections in the State to 8908.30 am
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CMS Info listing: Will it deliver enough cash?
CMS provides cash management services, including ATM services.8.25 am
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Stocks that will see action on Dec 31
Buzzing stocks: Interglobe Aviation, PowerGrid, SBI, DIshTV, IDFC First Bank, Rain Ind, Tata Communications, NBCC, Balrampur Chini, HCC, GNFC8.20 am
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Amid lack of global cues, Indian markets to move in a narrow path
All eyes on Omicron news development8.15 am
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F&O: Nifty rollover of 77%, Bank Nifty’s 84% point to a bullish January
Seven stocks including NBCC enter derivative segment8.10 am
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