Top business news: November 26, 2021

6.55 pm

Need to improve ease of doing business: Kumar Mangalam Birla

‘2021 will be remembered as a watershed year in fixing legacy issues in sectors such as telecom, power’

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4.55 pm

A sudden and complete ban on crypto trading unlikely: Experts

Experts point out that previous versions of the cryptocurrency bill had a 90-day transition period for cryptocurrency holders

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4.50 pm

Toor output set to shrink as excess rains hit crop in major States

In Karnataka, toor has been completely impacted in about 2.91 lakh hectares

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4.45 pm

ITC to acquire 16% stake in D2C brand Mother Sparsh for ₹20 crore

The all-cash deal is expected to be completed in next eight months

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4.40 pm

IT industry will push TN to achieve $1 trillion growth by 2030: CM Stalin at CII Connect

Reforms being undertaken to improve ease of doing business, says Stalin

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4.35 pm

INSACOG tracking new South African variant, no presence in India yet, says ICMR scientist

WHO is yet to label the new variant as a "variant of concern" or a "variant of interest."

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4.30 pm

Bank of Baroda raises ₹1,997 crore via AT-1 bonds

The Bank has allotted the bonds to 21 investors

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4.20 pm

How AMD managed the chip supplies by forging pacts with foundries

AMD CTO Mark Papermaster sees normalcy of supply and demand in chip space in H2 of 2022

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4.10 pm

Why farmers in the arid zone are not bothered about MSP?

Marathwada and Vidarbha regions continue to report maximum farmer suicides

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4 pm

Private bank ownership: RBI accepts recommendations of internal working group

Cap on promoter stake to be hiked to 26 per cent from current 15 per cent

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3.50 pm

Google, Microsoft and Amazon invest in more start-ups this year, surpassing pre-Covid levels

Google invests in the most number of start-ups among FAMGA companies

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3.40 pm

Exim Bank commits $100 million loan for Covid vaccines in FY 22

The loans for vaccines are also being extended to other countries

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3.31 pm

FMCG companies, food majors hike prices; soaps to biscuits set to become costlier

FMCG companies say that raw material costs have shot up and price hikes were the last resort

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2.00 PM

Steel prices set to decline with fall in Chinese export prices

Domestic demand for steel down on expectations of a price drop

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1.30 PM

India's jet fuel demand revives after being decimated by Covid-19

Passengers carried by domestic airlines in October rose 70.46 per cent month on month

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1.00 PM

Crypto as a technology will become mainstream in the next five years: Paytm founder

Vijay Shekhar Sharma, Founder and CEO, Paytm

‘We would be 100 per cent be in the crypto’

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12.30 PM

Tender to privatise Varanasi and Sahibganj multi-modal river terminals flops yet again

The multi modal river terminals at Varanasi and Sahibganj failed to attract bidders

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12.01 PM

Nifty Call: Bounce-back possible, wait for fresh rallies next week

Nifty 50 November Futures (17,206)

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11.30 AM

Govt likely to launch ZyCov-D vaccine in Uttar Pradesh, Bihar, Jharkhand and West Bengal: Sources

ZyCov-D is a needle-free vaccine that is administered intradermally using an applicator, and has been developed by Zydus Cadila

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11.03 AM

Gold futures rise in opening trade, silver loses glitter

MCX silver December futures opened lower

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10.30 AM

Covid-19 vaccination: India administers over 120 crore doses

Uttar Pradesh takes the first spot in terms of the highest number of total doses administered with 15,52,83,868 Vaccine doses

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10.00 AM

Sensex tanks over 800 points; Nifty sinks below 17,300

Dr Reddy's and Sun Pharma were the gainers

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9.30 AM

Surplus rainfall run continues over South Peninsula, country as a whole

Model forecasts indicate rains to last until December 8

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Published on November 26, 2021