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-
Cast Software eyes $9 million revenue from India in 2018
via moneycontrol.comCast provides software intelligence to IT companies for measuring their software structural quality and uses system-level analysis to detect the dangerous structural software flaws. -
Zinc futures tank 2.7% to Rs 221.55 per kg on weak global trend; outlook bullish
via moneycontrol.comFalling production is likely to add worries to the prices, however, the demand/usage of metals and ores is also forecasted to remain strong especially in China and other Asian countries with positive economic reports in India. -
DCGI writes to states/UTs to step up enforcement to stop hoarding, overcharging of Remdesivir
via moneycontrol.comMany family members of COVID-19 patients have brought black marketing and overcharging of antiviral drug Remdesivir to the notice of DCGI. The family members complained the Remdesivir is being sold above maximum retail price (MRP) and in some cases as high as over 10 times. -
Copper futures slip 0.54% to Rs 686.10 per kg on China concern
via moneycontrol.comThe non-ferrous metal has been trading higher than 20, 50, 100 and 200 days#39; moving averages but lower than the 5-day moving average on the daily chart. The Relative Strength Index (RSI) is at 55.07 which indicates bullish momentum in prices. -
Penguin Random House sells Yes Bank story rights for film to Almighty Motion Pictures
via moneycontrol.comThe book, published by Penguin earlier this year on the Yes Bank saga, was authored by Furquan Moharkan. -
Gold prices jump for seventh successive day to Rs 46,545/10 gm; silver gains Rs 247 a kg
via moneycontrol.comSpeculators raised their bullish position in COMEX gold and silver contracts by 26,943 contracts to 77,406 and by 3,648 contracts to 24,884 respectively in the week to April 6, US CFTC data showed. -
Microsoft to buy AI firm Nuance Communications in $19.7 billion deal in healthcare push
via moneycontrol.comThe deal comes as both companies, which partnered in 2019 to automate clinical administrative work such as documentation, gain from a boom in telehealth services as medical consultations shifted online due to the COVID-19 pandemic. -
Microsoft to buy AI firm Nuance Communications in $19.7 billion deal
via moneycontrol.comMicrosoft#39;s offer price of $56 per share is at a premium of 22.86% to Nuance#39;s last close of $45.58. -
ONGC seeks buyers for KG gas, wants minimum $6.6 price
via moneycontrol.comAccording to the tender document, ONGC intends to start natural gas sale from its KG-DWN-98/2 block, which sits next to Reliance Industries Ltd (RIL)-BP Plc operated KG-D6 fields, from June-end. -
Coforge to acquire controlling stake in SLK Global
via moneycontrol.comThe transaction is being funded by Coforge with a combination of internal accruals and external borrowings, the company claimed. -
Crude oil futures surge 1.65% to Rs 4,507/barrel; Brent trades near $64
via moneycontrol.comThe black gold has been trading higher than 5, 20, 50, 100 and 200 days#39; moving averages on the daily chart. The momentum indicator Relative Strength Index (RSI) is at 53.03, indicating positive momentum in prices. -
Social commerce to become a $7 billion opportunity by 2025: Report
via moneycontrol.comFashion also continues to dominate social commerce platforms, with significant scope in the fields of home furnishing, costume jewellery and electronics accessories -
Silver futures trade flat on weak global cues; rupee depreciation cap downside
via moneycontrol.comThe semi-precious metal has been trading higher than 5, 20, 100 and 200 days’ moving averages but lower than the 50-day moving average on the daily chart. The Relative Strength Index (RSI) is at 54.29 which indicates positive momentum in prices. -
Natural gas futures rise 1.64% to Rs 192.20 per mmBtu on colder weather outlook
via moneycontrol.comThe commodity has been trading higher than 5, 20 and 200 days#39; moving averages but lower than the 50 and 100 day’s moving average on a daily chart. The momentum indicator Relative Strength Index is at 51.31 which indicates sideways momentum in the prices. -
Experts panel recommends emergency use of Dr Reddy#39;s Sputnik V vaccine in India
via moneycontrol.comDr Reddy#39;s which has collaborated with Russia#39;s sovereign fund RDIF conducted the bridge trial for Sputnik V, has applied for emergency use. If approved by DCGI, this will be third vaccine to be available in India. -
Expert panel recommends emergency use of Dr Reddy#39;s Sputnik V vaccine in India
via moneycontrol.comDr Reddy#39;s which has collaborated with Russia#39;s sovereign fund RDIF conducted the bridge trial for Sputnik V, has applied for emergency use. If approved by DCGI, this will be third vaccine to be available in India. -
A historic week for Indian startups, six new unicorns in four days: Know all about them
via moneycontrol.comWith these six startups, India#39;s unicorn club now has 10 members in just four months. -
Passenger vehicle sales grow 115% in March on low base effect, demand surge
via moneycontrol.comAuto makers had begun to slow down supplies by the middle of March last year and just before the start of the final week of the month lockdown was announced by the government which led to a complete halt in production. -
Will send suitable clarification to DoT over show-cause notice: Vodafone Idea
via moneycontrol.comLast week, the Department of Telecom (DoT) issued a show-cause notice to VIL over non-payment of licence fee for the fourth quarter of 2020-21, with regard to circles of Bihar, Gujarat, Jammu and Kashmir, Kerala, Maharashtra, Uttar Pradesh (East), Odisha , as well as national long distance. -
Passenger vehicle sales in India decline by over 2% in 2020-21: SIAM
via moneycontrol.comAs per the latest data by the Society of Indian Automobile Manufacturers (SIAM), in the 2020-21 fiscal, passenger vehicle wholesales declined by 2.24 percent to 27,11,457 units as against 27,73,519 units in 2019-20. -
Can Equitas continue to outperform its peers?
via moneycontrol.comExisting investors of Equitas SFB should pocket the gains and wait on the sidelines for a more meaningful correction to take hold -
WeWork India raises Rs 200 crore from investors to grow business, become profitable in 2021
via moneycontrol.comBengaluru-based WeWork India, which provides flexible workspace to corporates and individuals, sold 10,000 desk during the January-March quarter comprising about 7 lakh sq ft office space. -
Tata Motors to build vehicle scrapyards in Mumbai, Howrah, Hyderabad and Karnal
via moneycontrol.comTata Motors will provide technical know-how and expertise for vehicle dismantling units, but dealers will have to scope for investors themselves. -
Boeing 737 Max re-entry to Indian skies is further delayed. But SpiceJet is not worried
via moneycontrol.comThe latest glitch in the troubled flight of Boeing’s most-sold aircraft means that SpiceJet, the only Indian airline that uses Max 737, will have to keep 13 of its planes mothballed. This may not be bad news as it will get compensation from the Boeing at a time when it may not need to fly them as the second wave of the pandemic has hit air travel. -
Banks to remain closed from April 13 in these cities; check the complete list here
via moneycontrol.comBanks will remain closed in most parts of the country from April 13 till 16 due to various upcoming festivals. However, the holidays will vary from state to state on the account of festivals celebrated in a respected state. -
Report states Honda would relocate India factory to Indonesia, company denies
via moneycontrol.comHCIL has two plants in India, one of which (Greater Noida, Uttar Pradesh) was shut down in December 2020 as part of a restructuring effort that also saw the phasing out of two models from India, Civic and CR-V -
RBI seeks to outsource supervision of New Umbrella Entities: Report
via moneycontrol.comThe Central Bank wants either the National Payments Corporation of India (NPCI) or a newly formed body to supervise NUEs. -
NIIF may acquire Ashoka Concessions’ HAM road assets for $100 million: Report
via moneycontrol.comThe road assets for sale comprise 15 projects, including one operational annuity project under BOT model, six operational BOT toll projects and eight under-construction HAM projects -
SBI warns its customers to beware of online fixed deposits fraud
via moneycontrol.comSBI with the help of Twitter informed its customer about this new kind of cyber fraud where fraudsters are using victim#39;s online FD account to siphon off money. -
Praj Industries bags order for syrup-based ethanol plant from Godavari Biorefineries
via moneycontrol.comAs a part of this project, Praj will expand the existing ethanol manufacturing capacity of Godavari Biorefineries from 400 KLPD (kilo litre per day) to 600 KLPD, using sugarcane syrup, Praj Industries said in a regulatory filing.