The test - called the Truenat Beta CoV test - effectively enables same-day testing, reporting, and patient isolation initiation.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
'Spends are likely to increase from the current levels because recovery is yet to fully be over.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Move can also bring a huge change in the way business is done in India, where firms use multiple current accounts, often for even individual projects, making them difficult to monitor.
VIX is meant to indicate investors' perception of the annual market volatility over the next 30 calendar days. The higher the value, the higher is the expected volatility and vice versa. VIX touched its historical peak of 85.13 on November 17, 2008, in the aftermath of the collapse of Lehman Brothers. In the past five years, it has stayed below 30.
The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating profit was up just 4.9 per cent YoY during the quarter.
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
Investors remain cautious ahead of F&O expiry.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
Campus recruits can also aim to double the existing entry level package by proving their skills through the TCS national qualifier tests.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Session-wise data indicates small investors have taken money off the table in more sessions than they have pumped in additional capital.
In the quarter, Cognizant's revenue grew one per cent over the past quarter in North America.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Brokerages put sell notice on Vedanta shares over the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Buying stocks during bad times can lead to good returns.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
A joint venture of Synbiotics, a wholly owned subsidiary of Ambalal Sarabhai Enterprises (ASE), and CoDiagnostics, CoSara Diagnostics is the first and only Indian company so far to receive a licence from the Central Drugs Standard Control Organisation (CDSCO) to manufacture coronavirus diagnostic test kits.
Infosys is looking for acquisitions but for innovative reasons instead of revenue priorities.
According to experts, the Nifty has continued to form lower top-lower bottom formations, a trend seen in the last five weeks, and witnessed sharp selling towards 9,700 zones.
Delay in the recovery in earnings has led Macquarie, Barclays and Ambit to downgrade Indian shares over the last few days.
Overall, the domestic FMCG market bounced back to levels of 98 in June compared with 75 in May and 101 in March before the nationwide lockdown was announced. The pre-Covid March index for foods was 103, and for non-foods, it was 99.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Market breadth is positive with 942 advances and 196 declines.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
Several carmakers, including car market leader Maruti Suzuki India pulled the plug on diesel models citing higher costs for BSVI variants leaving buyers with limited options.
Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.
The social impact of this could be worse as 300 million subscribers may face the annoyance of network shutdown and churn.
The progress of the GST Bill in Parliament is also likely to remain in focus
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