Business news 22 Feb, 2021
Today's stock tips by Sudarshan Sukhani, Mitessh Thakkar - CNBCTV18CNBCTV18
CNBC-TV18’s in-house panel of experts has laid down a list of stocks for the investors to buy/sell in trade today.Get latest Market online at cnbctv18.com
Monday’s top brokerage calls: Wipro, Ambuja Cements and more - CNBCTV18CNBCTV18
Among brokerages, Macquarie says that credible execution of the new CEO’s strategy could boost revenue growth prospects for Wipro, while Morgan Stanley sees good earnings growth along with room for re-rating for Ambuja Cements. Here are the top brokerage call…
India’s first new Hyundai Creta to get a Nardo Grey wrap - CarToq.comCarToq.com
Hyundai Creta has been a very popular SUV in the market ever since it got launched in India. Last year, Hyundai launched an all-new version of the SUV in the market. It is entirely different from the older version as it is a lot more premium and feature loade…
Stocks in the news | Jubilant FoodWorks, Narayana Hrudayalaya, Thomas Cook, Aarti Drugs - Moneycontrol.comMoneycontrol
Narayana Hrudayalaya, Aarti Drugs, NTPC, Thomas Cook, Axis Bank, Wanbury, Inox Leisure, are also among the stocks in focus today.
Heranba Industries IPO: 10 things to know before subscribing the issue - Moneycontrol.comMoneycontrol
The public issue of Heranba Industries is set to open for bidding on February 23 and will close on February 25
This Customised Bajaj Pulsar NS 200 Gets Dual Underseat Exhausts - GaadiWaadi.comGaadiWaadi.com
The Bajaj Pulsar NS 200 now retails in a single variant priced at Rs 1.35 lakh (ex-showroom, New Delhi), and rivals the TVS Apache RTR 200 4V in the country
CNBC-TV18's top stocks to watch out for on February 22 - CNBCTV18CNBCTV18
The Indian market is likely to open higher on Monday as the trend on SGX Nifty indicates a strong start for the broader index in India. The Nifty futures were trading 61.50 points or 0.41 percent higher at the 15,056.00 level on the Singaporean Exchange at 7:…
What changed for the market while you were sleeping? Top 10 things to know - Moneycontrol.comMoneycontrol
Trends on SGX Nifty indicate a positive opening for the index in India with a 14 points gain.
Hot stocks | Petronet LNG, Ashok Leyland, UBL three trading ideas for short term - Moneycontrol.comMoneycontrol
This week is likely to be action-packed because the market is placed interestingly going into the monthly expiry.
Asia shares edge up as bond yields, resources steal the show - Moneycontrol.comMoneycontrol
MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.1%, after easing from a record top late last week as the jump in U.S. bond yields unsettled investors.
Maruti Suzuki confirms that the Jimny is under evaluation for India - CarToq.comCarToq.com
Ever since Gypsy was discontinued from Indian market, Maruti Suzuki has not had any proper SUV in the Indian market. Last year however, they showcased the Jimny SUV which could actually be a successor to the iconic SUV. Last year when, Maruti had showcased Ji…
Three charts that explain Jio’s need to spend more in 2021 auctions - MintLivemint
While the wait for 5G spectrum in the over 3GHz band continues, Jio’s slow data volume growth and subscriber share loss is likely to result in some spending to beef up 4G capacity
Get private companies in vaccine drive: Premji to finance minister - Times of IndiaThe Times of India
India Business News: Wipro founder chairman Azim Premji on Sunday said that engaging private players will help accelerate India’s vaccination efforts against Covid-19 and
India may turn to Iran, Venezuela for oil imports - Hindustan TimesHindustan Times
said. Domestic fuel prices have spiked because of rising energy demand after rapid recovery of major economies from the impact of the Covid-19 pandemic, but the oil cartel continues to restrict supply, which is a major concern for New Delhi, they said on cond…
After 9-month freeze, Centre starts clearing China FDI plans - Times of IndiaThe Times of India
India News: The government has begun clearing foreign direct investment (FDI) proposals from China on a “case-by-case” basis, ending the freeze on such clearances
Govt has assured we will get back slots of Jet Airways: Murari Lal Jalan - Business StandardBusiness Standard
In a Q&A, the UAE-based acquirer of the bankrupt airline, dwells on the opportunities he sees in restarting it
Iraq decides to freeze oil prepayments deal as oil prices rising - Economic TimesThe Times of India
We had concerns that oil prices would not rise above $40 when we announced this deal for the first time in the history of Iraq, Ihsan Abdul Jabbar told the channel.
Lenders to tie up for digital banking infra - MintLivemint
Public sector banks look to build and share digital infrastructure.Apart from sharing the same software, banks are likely to share the hardware that goes into the setting up of the back office, servers
Delhi airport likely to have fourth runway operational by September - Hindustan TimesHindustan Times
Thereafter, the strip will undergo a certification by the Directorate General of Civil Aviation and if all goes as planned, will be made operational, latest by September, the officials said.
In quirky way, RBI ropes in Punjabi rapper to drive home its points - The Tribune IndiaThe Tribune India
Since 2016 when it created the tagline RBI Kehta Hai, the central bank’s communication has been centred on financial literacy and public awareness towards frauds
Gold prices down ₹4,000 this year. Why rates are falling? - MintLivemint
When compared with last year's high, gold is down about ₹10,000 per 10 gram.Benchmark US Treasury yields have risen to a near one-year high, souring the non-interest bearing gold's appeal.
Ford Ecosport SE dealer dispatches commence - Team-BHPTeam-BHP
Ford is gearing up to launch a new variant of the Ecosport. Dubbed the SE trim, it will come without a tailgate mounted spare wheel. Spy images suggest that this new variant will look similar to the export-spec Ecosport. Due to the missing spare wheel, the cr…
Tata Safari to launch on Monday: Will Harrier's big brother ace the price game? - HT AutoHindustan Times
Tata Safari packs in three-rows and a set of new features to promise a premium ride and drive experience..Safari has similarities with Harrier - same engine and transmission options, for example. But it does also seek to carve out its own unique identity.
Trade setup for Monday: Top 15 things to know before Opening Bell - Moneycontrol.comMoneycontrol
Key support levels for the Nifty are placed at 14,872, followed by 14,762.2. If the index moves up, the key resistance levels to watch out for are 15,117.8 and 15,253.8.
Honda CB Shine Sales Up By 74% In January 2021 - GaadiWaadi.comGaadiWaadi.com
The Honda CB Shine became the best-selling motorcycle for the Japanese two-wheeler manufacturer in January 2021, with over 1.16 lakh units sold
Maruti looking to cash in on increased demand for CNG vehicles - HT AutoHindustan Times
Maruti, which offers CNG options in eight models out of total 14 available in the Indian market, is also actively working to expand the portfolio.
Hiring Lessons From Elon Musk, Bill Gates And Other CEOs - NDTVNDTV News
Today, the world's biggest companies are led by some of the most well known names in business, who have spoken about the importance of hiring the right kind of people. Here are some hiring and leadership lessons from some of the world's top CEOs like Elon Mus…
The container shortage crisis - CNBCTV18CNBCTV18
As a long-term strategy, India needs to manufacture containers. Get latest Economy online at cnbctv18.com
Precious Metals & Energy - Weekly Review and Calendar Ahead By Investing.com - Investing.comInvesting.com
Precious Metals & Energy - Weekly Review and Calendar Ahead
Amara Raja begins work on lithium-ion cells, sets up research hub at Tirupati - MintLivemint
Amara Raja has a technology transfer agreement with the Indian Space Research Organisation (ISRO) since early 2019
2021 Yamaha MT15 With New Attire Launched In Thailand - RushLaneRushlane.com
Yamaha has launched 2021 MT-15 with new colour schemes which resemble the larger and more powerful MT-09 in Thailand.
Startups in edtech, logistics, gig economy will drive the job market: Report - MoneycontrolMoneycontrol
More than 50 percent of the companies said they would step up hiring in the March quarter.
Pulse oximeters, widely used in Covid fight, may yield inaccurate results, warns FDA - The Indian ExpressThe Indian Express
During the coronavirus pandemic, healthcare professionals around the world relied on pulse oximeters to identify patients who might need hospitalisation.
Muthoot Homefin plans to disburse Rs 700 crore home loans in FY22 - MoneycontrolMoneycontrol
In the first nine months of 2020-21, the housing finance company disbursed Rs 85.6 crore as against Rs 356.4 crore in the same period of the previous fiscal. Currently, it has assets under management of Rs 1,800 crore, a company release said.
FPIs invest Rs 24,965 crore in February so far - Moneycontrol.comMoneycontrol
According to depositories’ data, FPIs pumped in Rs 24,204 crore into equities and Rs 761 crore in the debt segment, taking the total net investment to Rs 24,965 crore during February 1-19.
Tata Altroz Turbo Petrol Review: Highly recommended hatchback - Moneycontrol.comMoneycontrol
First drive impressions of the car, which scores on nearly all parameters
Kawasaki India teases two motorcycles ahead of launch - BikeWaleBikewale.com
Kawasaki India has confirmed via its social media handles that it will soon update its portfolio in the country. While the details are scarce, the teaser photograph shows two motorcycles.
IBM’s retreat from Watson highlights broader AI struggles in health - LivemintLivemint
Watson Health was billed as a ‘bet the ranch’ move by Big Blue; now the company is prepared to throw in the towel
RailTel IPO share allocation: How to check application status - MintLivemint
RailTel shares may list on February 26.Ahead of the IPO, RailTel had raised ₹244 crore from 14 anchor investors
SBI gold loan: Check eligibility, interest rate and other features - MoneycontrolMoneycontrol
Find out how to avail SBI gold loan, interest rates, processing charges and other details
Centre invites comments on allowing sale of 50% coal from captive blocks - MintLivemint
The import of coal has increased on a year-on-year basis. While it was 203.95 million tonne (MT) in 2015-16, it reached 248.54 MT in 2019-20
I thought we were done: Parts fall from sky in plane scare - India TodayIndia Today
The plane landed safely at Denver International Airport, and no one on board or on the ground was hurt, authorities said.
TCS, 7 other companies' market value plunges by Rs 1.2 lakh crore in a week - Economic TimesThe Times of India
RIL was leading the chart followed by TCS, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, SBI and Bajaj Finance.
Delhi garbage collectors impress Anand Mahindra with their singing skills - The Indian ExpressThe Indian Express
The two videos, shared by Mahindra, struck a chord with netizens, who felt that talented people should be encouraged.
‘Banning cryptocurrencies would be like banning Internet in 1990s and will set India back by years’ - The Financial ExpressGoogle News
How Citi gave away $900 mn by mistake - MintLivemint
Would you claim ‘finders keepers’ on a mistaken transfer by Citibank? These asset managers did and won in court..The decision is the latest blow to Citigroup, which is updating its underlying controls and technology after regulators slapped it with a $400 mil…
Hyundai offering benefits of up to ₹1.5 lakh on its cars in Feb: Details here - MintLivemint
The offers will be valid till 28 February or up until stocks last.Hyundai will also be offering exclusive ₹8000 LTC offer for government employees
Enormous electric bills come due for Texans who had power during storm - The Indian ExpressThe Indian Express
The electric bills are coming due at the end of a week in which Texans have faced a combination of crises caused by the frigid weather, beginning on Monday, when power grid failures and surging demand led to millions being left without electricity.
Matter bets on Indian electric vehicle market, targets $1 billion turnover by 2025 - MoneycontrolMoneycontrol
The Ahmedabad-based company, which has so far invested USD 3 million (over Rs 20 crore), will be launching its lithium ion batteries for solar and renewable management by April, which will be followed by its first electric motorcycle closer to Diwali this yea…
GIFT City: Modis plan to make a Singapore in Gujarat has fallen flat - Business StandardBusiness Standard
Investors aren't coming to India's new international financial center, built on a patch of wilderness in the PM's home state
Covid sickness dropped 95.8% after both Pfizer vaccine doses, says Israel - India TodayIndia Today
The risk of illness from Covid-19 dropped 95.8% among people who received both shots of Pfizer's vaccine, Israel's Health Ministry said on Saturday.
Explained: How the ground is being set for LIC IPO - The Indian ExpressThe Indian Express
LIC IPO Launch Date, Share Price: While the government is clearing the hurdles before the IPO, one after another, market regulator Sebi has relaxed the norms to make the listing process easier and smooth.
Thomas Cook India plans to raise up to Rs 450 crore - MoneycontrolMoneycontrol
The company's board has approved issuance of up to 45,00,00,000 OCCRPS of face value of 10 each to Fairbridge Capital (Mauritius) Ltd, the promoter of the company, through private placement on a preferential basis, Thomas Cook said in a regulatory filing.
Asianet Giga Fibernet 200 Mbps Broadband Plan With Cable TV Subscription Costs Rs 999 - TelecomTalkTelecomTALK
Asianet Giga Fibernet has expanded its broadband services to various cities and offering a 200 Mbps plan at just Rs 999 per month
How SBI will benefit from multi-vendor ATM software - MintLivemint
CMS Info Systems deploys Multi-vendor software (MVS) across 40,000 ATMs of SBI.SBI has the largest network of more than 22,000 branches in India with an ATM / CDM network of nearly 58,000
HSBC’s top executives prepare move to Asia after announcement of 2020 earnings - LivemintLivemint
The coming reset comes just 12 months after an overhaul that called for cutting 35,000 jobs, about 15% of the total, over three years. But Chairman Mark Tucker told the Asian Financial Forum conference in January that the pandemic has upended those plans
Punjab National Bank Recruitment 2021: Huge Opportunity For 12th Passed Students, Apply Soon - Kalinga TVGoogle News
Torrent Power emerges highest bidder for Dadra Nagar Haveli, Daman & Diu discoms - ETEnergyworld.comThe Times of India
The company outbid firms like Adani Transmission, CESC and ReNew Power who submitted price bids
Renault Kiger Price Comparison With Rivals – Venue, Magnite, Sonet - GaadiWaadi.comGaadiWaadi.com
The Renault Kiger has become the most affordable car in the sub-4m SUV segment, but it should be noted that the prices are introductory
BSNL brings the cheapest recharge plan, unlimited calls and data for just Rs 47 - Zee NewsIndia.com
The government-owned Bharat Sanchar Nigam Limited (BSNL) has introduced a cheaper recharge plan with a new First Recharge (FRC) of Rs 47 for the prepaid subscribers, which is applicable to new customers who are going to recharge for the first time. The plan …
India-bound next-gen Renault Duster will be based on a new global platform - CarWaleCarwale.com
Renault plans to expand its market share from 3.4 per cent to 4.0 per cent by next year.
Top private sector banks likely to see more selling pressure going forward - Economic TimesThe Times of India
‘If we break and sustain below the 15,000 level, then a follow through downside of 500 points on the Nifty could be a high probability.
IKEA in Uttar Pradesh soon! Check out what the new mall has to offer - Zee NewsIndia.com
The Yogi Adityanath government in Uttar Pradesh has signed an MoU with IKEA, the largest furniture and home applications company of the world, which will invest Rs 5500 crore in Uttar Pradesh during the next five years. Starting with Noida, IKEA plans to open…
Reddit legend Keith Gill boosts stake in GameStop - LivemintLivemint
A screenshot of his brokerage account appears to show that he bought an additional 50,000 shares of the stock
ULIPs vs NPS vs Equity Funds vs EPF: Which is better for retirement planning? - The Financial ExpressGoogle News
Vodafone Idea Lost a Whopping 5.6 Million Users in December 2020, Airtel Gains 4 Million: Trai - TelecomTalkTelecomTALK
Trai has released Telecom Subscription Data as of December 31, 2020, in which it revealed that Vodafone Idea lost a whopping 5.6 million users
Bitcoin hits $1 trillion market cap, surges above $56,000 - Economic TimesThe Times of India
The world's most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year.
Google Artificial Intelligence Chief Apologises For Firing Black Woman Employee - NDTVNDTV News
Google will start grading executives based on workforce diversity goals and increase human resources staffing, acknowledging fault in its acrimonious split with Timnit Gebru, a prominent former employee and one of the few Black women in the field of artificia…