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Business / Business Today

Covid impact: 80% small & medium businesses 'insecure' about future, finds CIA survey

The survey covered 81,000 self-employed and micro or small businesses (SMBs) and found 78 per cent of them have not made profit during the last financial year

24 Jun 2021 10:40 pm
WHO forecasts need for annual COVID-19 vaccine booster shots for most vulnerable

The estimate is included in a report, which is to be discussed on Thursday at a board meeting of Gavi, a vaccine alliance that co-leads the WHO's Covid-19 vaccine programme COVAX

24 Jun 2021 10:29 pm
Mogul builds $1.1 billion fortune, still rides bike to work

Marek Piechocki has built a billion-dollar fortune, but the Polish businessman is not letting it change his life. Not a typical fashion mogul, he earnestly protects his privacy and keeps away from the limelight

24 Jun 2021 10:28 pm
Microsoft launches Windows 11: Redesigned layout, start button in centre, much more

Windows 11 features a completely redesigned layout with a focus on enhancing its user interface. Microsoft has also made some performance improvements in Windows 11

24 Jun 2021 10:17 pm
Dharmendra Pradhan reiterates concerns over rising oil prices at OPEC dialogue

The spike in oil prices has led to retail petrol and diesel rates climbing to a record high. Petrol is above the Rs 100 per litre mark in 9 states and UTs, while diesel is being sold at over Rs 100 a litre in Rajasthan and Odisha

24 Jun 2021 8:46 pm
Will Mukesh Ambani's Rs 75,000 cr solar power plan shatter dreams of Adani, Tata?

Ambani's plan to invest Rs 75,000 crore to build end-to-end solar power generation facilities will change the business landscape and increase competition. So far, it was a cakewalk for Adani Green and Tata Power in getting new projects and acquiring new technologies

24 Jun 2021 8:39 pm
Bharat Biotech, WHO hold 'pre-submission' meeting for Emergency Use Listing of Covaxin

The meeting is a chance for Bharat Biotech to obtain proper guidance from the international health community before it finally submits Covaxin COVID-19 vaccine for approval

24 Jun 2021 8:22 pm
RIL aims to disrupt clean energy business with Rs 75,000 cr investment plan

Ambani said first part of RIL's plan is to build Four Giga Factories, which will manufacture and fully integrate all critical components of new energy ecosystem. These factories will work in the areas of solar energy, intermittent energy, green hydrogen, and stationary power

24 Jun 2021 7:23 pm
Loni assault case: Twitter India chief seeks anticipatory bail before his questioning in UP

Manish Maheshwari, Managing Director of Twitter India filed a plea on June 23 and will be heard today

24 Jun 2021 7:20 pm
Flying to Dubai? Air India to resume flight operations to UAE from June 24

Terminal 1 of Dubai Airports is set to reopen after a 15-month closure due to the pandemic. All passengers booked to travel on or after June 24 are requested to report at Dubai Terminal 1

24 Jun 2021 6:03 pm
Sona Comstar share closes 25% higher post tepid market debut

Sona Comstar share closed at the highest point of the day at Rs 362.85 on BSE, rising 24.69% above its IPO issue price of Rs 291 per share

24 Jun 2021 5:55 pm
SC directs state boards to declare class 12 results by July 31

The SC bench, headed by Justice A M khanwilkar and Justice Dinesh Maheshwari, rejected the appeal of a uniform evaluation scheme for assessment for all state boards across India

24 Jun 2021 5:26 pm
IPO Update: India Pesticides IPO subscribed 3.79 times on Day 2

According to the subscription data available on the exchanges till 17:00 IST, the offer has received bids for 7,32,14,550 equity shares against the IPO size of over 1,93,10,345 equity shares

24 Jun 2021 5:24 pm
Google-Reliance's vision takes shape; ultra-affordable 'JioPhone Next' to launch on Sept 10

JioPhone Next will be powered by an extremely optimised version of the Android operating system that has been jointly developed by Jio and Google, especially for the Indian market

24 Jun 2021 5:19 pm
Electronics firms Foxconn, Flex, Jabil, Sanmina among 29 register under telecom PLI scheme

Foxconn and its subsidiary Rising Stars Mobile have registered for the scheme separately with the project management agency of the scheme, Small Industries Development Bank of India (SIDBI)

24 Jun 2021 5:10 pm
Sensex rises 392 points, Nifty ends at 15,790; IT, banking stocks lead gains

Sensex closed 392.92 points or 0.75 per cent higher at 52,699 and Nifty surged 103.50 points or 0.66 per cent to 15,790

24 Jun 2021 4:53 pm
Reliance Industries share falls over 3% during 44th AGM

The stock hit an intraday low of Rs 2,140. It ended 2.35 per cent lower at Rs 2153.35 against the previous close of Rs 2205.10 post the AGM

24 Jun 2021 4:36 pm
Reliance producing over 11% of India's medical-grade liquid oxygen: Nita Ambani

At Reliance Industries' 44th Annual General Meeting, Nita Ambani was detailing the outcome of 'Mission Oxygen', which was one of the five missions launched by the Reliance Foundation to deal with the COVID-19 crisis in the country

24 Jun 2021 4:27 pm
RBI allows jewellers to repay part of gold loan with physical gold

Banks shall provide an option to the borrower to repay a part of the GML in physical gold in lots of one kg or more, noted the RBI circular issued on Wednesday

24 Jun 2021 4:11 pm
RIL's partnership with Aramco to be formalised in 'expeditious manner' this year: Mukesh Ambani

The $15-billion deal announced by Ambani in 2019 annual general meeting (AGM) has been delayed because of the troubles that Aramco has been facing at the crude pricing front

24 Jun 2021 4:00 pm
Strawberry Moon Tonight Timings: Will full Moon be visible in India; significance, other details

Strawberry Moon 2021: When it will be visible, different names, visibility in India, and more. The previous supermoons took place on May 26, April 27, and March 28 respectively

24 Jun 2021 3:58 pm
JioPhone stepping to making technology affordable, accessible for everyone: Sunder Pichai

RIL AGM 2021 latest: Pichai said the goal of the Google-Jio partnership is to make technology accessible and affordable for everyone

24 Jun 2021 3:31 pm
Mukesh Ambani announces smartphone in partnership with Google - Jio Phone Next

Mukesh Ambani, on Thursday, announced Jio Phone Next, a smartphone developed jointly by Google and Reliance Jio

24 Jun 2021 3:18 pm
Mukesh Ambani's next big disruption to be solar! 5,000-acre Dhirubhai Ambani complex in works

Ambani further added that they plan to build four giga factories to manufacture and integrate all critical components needed for the new energy ecosystem -- solar photovoltaic module factory, energy storage battery factory, electrolyser factory, fuel cell factory

24 Jun 2021 3:07 pm
Infosys stock hits all-time high ahead of share buyback

The IT stock touched record high of Rs 1,556.75 rising 3.59% against previous close of Rs 1,502.85

24 Jun 2021 3:02 pm
Mukesh Ambani expects to seal RIL-Aramco deal this year

Continued engagement and resolve from both sides, even during this pandemic, is a testimony of strong relationship between Saudi Aramco and Reliance, said Mukesh Ambani

24 Jun 2021 2:53 pm
RIL AGM 2021: Jio Institute to start academic sessions this year: Nita Ambani

Jio Institute will commence operations at its campus in Navi Mumbai this year, Nita Ambani, Founder and Chairperson, Reliance Foundation, said at the Reliance Industries Ltd's (RIL) 44th Annual General Meeting (AGM)

24 Jun 2021 2:46 pm
Reliance's COVID-19 work would have made grandfather proud: Isha, Akash Ambani

Members of Reliance family ensured our nation's fuel supplies are intact, digital connectivity is unaffected, and daily essential needs of millions are met safely. We are indebted to them for their service to humanity, said Akash Ambani

24 Jun 2021 2:26 pm
China's Ant Group highlights difference between NFTs, cryptocurrencies

Ant's adoption of non-fungible tokens caused confusion on social media where they were linked to virtual currencies such as Bitcoin, which have the same underlying technology

24 Jun 2021 2:20 pm
Fitch upgrades Reliance's rating to BBB, a notch higher than India's sovereign rating

In a statement, Fitch said it has upgraded RIL's long-term foreign-currency issuer default rating (IDR) to 'BBB', from 'BBB-', with a negative outlook

24 Jun 2021 1:51 pm
88% of self-employed, SMBs yet to benefit from COVID-19 stimulus, shows survey

The survey indicated major job losses among the segment as 59 per cent of the respondents had either reduced, sacked or removed their staff amid COVID-19 pandemic

24 Jun 2021 1:47 pm
Apollo Hospital share slips 3% post Q4 earnings

For the fiscal ended March 31, 2021, the company posted a net profit of Rs 136.77 crore as compared to a net profit of Rs 431.80 crore in FY20

24 Jun 2021 1:40 pm
Reliance AGM 2021 Live Updates: Jio Phone 5G, Aramco deal? All eyes on key event

Reliance Industries Annual General Meeting Live Updates: Mukesh Ambani is likely to make some important announcements about RIL's upcoming ventures

24 Jun 2021 1:37 pm
'Redoubled efforts to fix issue: HDFC Bank CEO apologises for tech outages

HDFC Bank MD and CEO Sashi Jagdishan, in a note in the bank's annual report for 2020-21, also acknowledged deficiencies in compliance, coupled with technology problems that led to regulatory actions

24 Jun 2021 1:21 pm
S&P cuts India's FY22 GDP forecast to 9.5% from earlier 11%

S&P said that permanent damage to private and public sector balance sheets will constrain growth over the next couple of years. For the next fiscal ending March 31, 2023, the agency projected India's growth at 7.8 per cent

24 Jun 2021 1:05 pm
Paytm extends deadline to submit documents of share sale till June 30

The equity holders had expressed concern about inability to meet the timeline of June 22, for submission of requisite documents, as per Paytm's notice to shareholders

24 Jun 2021 1:03 pm
7th Pay Commission: Central govt employees to get monthly pension slip via SMS, WhatsApp

7th Pay Commission latest news: In order to ensure 'Ease of Living' of the pensioners, banks have also been encouraged to make use of social media apps like WhatsApp for the same apart from SMS and email.

24 Jun 2021 12:41 pm
Vistara announces 48-hour sale for flights between Aug 1- Oct 12

Vistara -- which runs flights in economy, premium economy and business class configurations -- said the sale would end on 11:59 PM on Friday

24 Jun 2021 12:11 pm
Not Bill Gates or Warren Buffet, this Indian is top philanthropist of the last century

Jamsetji Tata is the only Indian in the top 10 list, followed by Bill Gates and Melinda French Gates, Henry Wellcome, Howard Hughes, and Warren Buffett

24 Jun 2021 11:38 am
RIL share trading lower ahead of AGM, here's what to expect

The large cap share opened 0.45 per cent higher at Rs 2214.80 against the previous close of Rs 2205.10. However, the stock shed all its early gains and slipped into the red

24 Jun 2021 11:14 am
Shyam Metalics stock lists at 20% premium to issue price

Share of Shyam Metalics opened at Rs 367,19.93% higher on BSE against issue price of Rs 303-306

24 Jun 2021 11:11 am
Twitter launches in-app payments feature Tip Jar in India

Tip Jar will enable creators to monetise their content and earn from their supporters. Users can send tips to applicable accounts on Twitter for iOS and Android through third party payment services

24 Jun 2021 11:08 am
Warned Bolsonaro about internal pressure to buy Bharat Biotech's Covaxin, says Brazilian official

Logistics department official, Luis Ricardo Miranda told prosecutors he was pressured by Alex Lial Marinho, an aide to one of Brazilian President Jair Bolsonaro's closest allies, former Health Minister Eduardo Pazuello

24 Jun 2021 10:44 am
Delta variant detected in 85 countries; expected to become dominant lineage: WHO

The COVID-19 Weekly Epidemiological Update released on June 22 by the World Health Organisation (WHO) said the variant Alpha has been reported in 170 countries, Beta in 119 countries, Gamma in 71 countries and Delta in 85 countries

24 Jun 2021 10:26 am
Rajasthan Royals' valuation touches $250 mn with US stakeholder

New York-based RedBird Capital Partners, founded by former Goldman Sachs executive Gerry Cardinale, will take a 15% stake in the IPL franchise

24 Jun 2021 10:18 am
Fuel rates hiked for 29th time since May 4; petrol nears Rs 104 per litre in Mumbai

In Mumbai, petrol prices are inching closer towards the Rs 104 per litre-mark. A litre of petrol sells for Rs 103.89 while diesel costs Rs 95.79 per litre in India's financial capital.

24 Jun 2021 10:18 am
Oil prices rise on fall in US stocks, Brent crude reaches $75.28 per barrel

Brent crude futures rose 9 cents, or 0.1%, to $75.28 a barrel by 0103 GMT. US West Texas Intermediate (WTI) crude futures gained 6 cents, or 0.1%, to $73.14 a barrel

24 Jun 2021 10:07 am
Stocks in news: RIL, Adani Ports, Tata Motors, Shyam Metalics and more

Stocks in news: Reliance Industries, Cipla, Dabur India, Adani Ports, Apollo Hospitals, Tata Motors, and more

24 Jun 2021 9:39 am
US FDA to add heart inflammation warning to Pfizer, Moderna COVID-19 vaccines

Cases of heart inflammation are higher in the week following the second dose of the COVID-19 vaccine and in males, as per the data available with the CDC

24 Jun 2021 9:25 am
COVID-19 vaccine for children of 2-18 years likely by Oct

Dr Guleria said that children usually have the mild disease but it is imperative to develop the vaccines because in order to control the pandemic, everyone should be inoculated

24 Jun 2021 9:11 am