Daily Newsletter

Daily Newsletter
5 November 2022
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 60950.36 (113.95) NIFTY 18117.15 (64.45) GOLD (MCX 10 GM) 50852.00 (668.00) SILVER (MCX 1 KG) 60583.00 (2257.00) USD ($) / INR(Rs) 82.74 (0.08)
Front Page Twitter fires majority of employees in India as part of global layoffs The lay-offs in India were across segments such as policy, communication, engineering and development, said sources in the know ESMA logjam: EU regulator's move may disrupt bond, derivatives markets Indian derivatives markets could see disruptions on EU regulator move IndiGo Q2 loss widens by 10% due to rupee depreciation, high fuel prices The company is confident that it will return to operational profitability in Q3 350 employees in Udaan to get pink slip in pursuit of profitability India's largest business-to-business e-commerce firm sacked 180 employees in June Mining & metal companies see reversal of fortune in September quarter Profits down 91% in Q2, driven by margin contraction because sales realisation did not keep pace with rise in expenses Delhi govt orders WFH for half its staff, primary schools to be shut As capital chokes with air pollution, AAP takes responsibility for excessive stubble burning in the last few days Hero Electric to invest Rs 2,500 crore to launch 4 million units by 2026 The first stage of investment will roll out this year for a new factory in Rajasthan, where vendor units will invest another Rs 400 crore Giving a thrust: Exports to account for 48% of nine PLI schemes Data suggests bulk of the exports will come from largescale electronic manufacturing, which is dominated by mobiles Telecom operators to step up pace of 5G network rollout from December Number of towers may be increased to 10K per week by Jan Spotlight on innovation in non-solar areas in emerging green energy sector Businesses built on renewable infrastructure are gaining traction but banks are still figuring out ways to finance them
Companies Cash to cloud: Meet Arundhati Bhattacharya, CEO of Salesforce India Former SBI chief, Bhattacharya talks to Pavan Lall about her transformation to leading a software firm, work-life balance and why genius often ... Britannia Q2 net up 28.5% to Rs 490 cr, records 'highest quarterly revenue' Bakery foods company Britannia Industries Ltd on Friday reported a 28.47 per cent increase in consolidated net profit at Rs 490.58 crore for the ... 5G technology will improve network performance in India: Trai chairperson About the need of adopting new digital technology for social and economic development, Vaghela said that digitalisation of the economy and also ... Brand Kohli in top form as he turns 34; wishes pour in social media On Wednesday, the star cricketer became the highest run-scorer in the history of the ICC T20 World Cup, going past Sri Lankan Mahela Jayawardene » Read More Stories in Companies
Economy & Policy Higher mobile bills hit Indian consumers harder than most nations An analysis from shows that while overall bills are lower in India in absolute terms, they are a larger share of monthly income than in many ... ADB clears $350 million loan to improve road connectivity in Maharashtra Multilateral funding agency Asian Development Bank (ADB) on Friday approved a USD 350 million (about Rs 2,900 crore) loan to improve the road ... Commerce ministry to release exports, imports data once every month The commerce ministry has decided to resume the practice of releasing monthly exports and imports data only once in a month with a view to ... FTA with India to be expedited in next few months: British envoy India and the United Kingdom are set up for the final ascent on signing a Free Trade Agreement (FTA) and expediting the pact in the next few ... » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) Aster DM Health. 268.35 -0.37 B H E L 76.00 0.86 BSE TOP GAINERS Company Price (Rs) Change (%) I O B 21.65 11.89 Amara Raja Batt. 569.40 9.54 BSE 52-WEEK LOW Company Price (Rs) Change (%) Bandhan Bank 228.05 -2.44 Chemplast Sanmar 365.35 -2.47 BSE TOP LOSERS Company Price (Rs) Change (%) Ajanta Pharma 1255.75 -6.86 Aditya Bir. Fas. 328.95 -6.67 Indices eke out gains to end week in green; Sensex gains 113 points The markets reflect a 'sense of stability', say analysts Investors pile into cash at fastest rate since Covid-19 crisis: BofA Cash funds saw inflows of $62.1 billion this week, reflecting investor demand for dollars, which in turn saw the 19th straight week of outflows ... Kaynes Technology IPO set to open on Nov 10; fresh issue size at Rs 530 cr The initial share-sale of Kaynes Technology India Limited (KTIL), an IoT solutions-enabled integrated electronics manufacturing company, will ... Varun Beverages, ABB, Page among six stocks that could become large-caps They could replace Piramal Enterprises, Gland Pharma, Mphasis, Muthoot Finance, Bandhan Bank and Paytm, which may move to mid-cap space, reveals ... » Read More Stories in Markets
Opinion Data goes private: Positive for India but also a challenge for the govt The quality of some of the important economic statistics put out by the govt - for much of which there can be no comparable private substitute - ... A curious deal, with or without the blue tick Musk's Twitter deal is problematic in many ways, not least because there's no apparent synergy between an automobile company, an ... Gully cricket is dead, and so are its quaint rituals The alley game once demanded a special devotion; it wasn't just for recreation. Today, its devotees are gone, replaced by ambitious young ... The Chief Twit takes over, but why should any of us care? There's nothing in this deal to cause anyone who believed the world's richest man was an untalented amateur to change their mind » Read More Stories in Opinion
Technology Zepp Health to launch Amazfit Band 7 fitness wearable on Nov 8: Know more The Amazfit Band 7 will be available on Amazon and Amazfit official website at a discounted price of Rs 2,999 on November 8 Amazon to roll out Matter for Alexa smart home devices next month The first rollout will only be Matter over Wi-Fi and will be compatible with Android phones only Samsung to bring light performance mode to Galaxy S23 to save battery The new Snapdragon 8 Gen 2 is showing promising results, so the improved performance from the new chipset is expected to balance out the ... WhatsApp Communities: What is it, how it works, and how to get started WhatsApp's Communities feature allow users to manage multiple groups by bringing them under one umbrella » Read More Stories in Technology
PF Cost, loan, tax: What to consider before buying an electric car EVs are expensive but economical on the long run; they are likely to become more popular as charging infra improves » Read More Stories in PF
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