Investors booked profits at higher levels despite the growth oriented Budget.
Hyundai Motor and Toyota Kirloskar Motor have announced the suspension of manufacturing operations at their respective plants amid coronavirus outbreak. On Sunday, various automakers like Maruti Suzuki India, Honda Cars, Mahindra & Mahindra and Fiat announced a temporary halt in manufacturing operations at their respective facilities.
Nadella's visit comes at a time when the Indian government is taking a strong position on issues like data localisation and tightening the rules for e-commerce companies as well as social media platforms.
Reliance Industries is in talks with global energy majors, like British Gas of the UK, Chevron Corp of the US, Exxon and Shell for a possible stake sale in its Krishna-Godavari basin gas fields. RIL is looking for a strategic partner for its KG-D6 gas block to get deep sea exploration technology. The percentage of stake to be divested has not been firmed up & may depend on the value that the partner was bringing in. The block contains over 50trillion cubic feet of gas reserve
The prime minister held a meeting with chief ministers via video-conferencing, and said it was imperative to work on war footing, identify hotspots, encircle them and ensure that coronavirus does not spread out.
Through the past 18-month period, peace has prevailed in the disputed border regions, which was immensely helpful in the difficult situation that the country was passing through, observes Ambassador M K Bhadrakumar.
'The PLA has continued to do exercises and drills and recently carried out air exercises with fighter jets.'
Dr Anthony Fauci has been named as Chief Medical Adviser to the President on COVID-19, while Dr Rochelle Walensky has been named as Director of the Centers for Disease Control and Prevention; and Dr. Marcella Nunez-Smith as COVID-19 Equity Task Force Chair.
Microsoft Corp launched on Tuesday its instant messaging service, MSN Messenger 6.0, in India, saying it contained more powerful customisation and collaboration features to make internet communication more personalised.\n\n\n\n
At least 85 people have died of coronavirus with the confirmed cases crossing 4,500 in the US.
More than two years after Felix Baumgartner broke the world record for the highest skydive, Alan Eustace has trumped it by jumping a height of 135,890 feet from the Earth's surface.
Check out some of the stocks that will react on the basis of their numbers in the near term.
India handed over the dossier to the acting high commissioner of Pakistan in New Delhi on February 27 with specific details of Pakistan-based terror group Jaish-e-Mohammed's complicity in the Pulwama attack that killed 40 Central Reserve Police Force personnel on February 14 and the presence of JeM terror camps and its leadership in Pakistan.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
State-owned Oil and Natural Gas Corp will invest Rs 985 crore (Rs 9.85 billion) to develop the Bassein East field, which is estimated to contain 97 million tonnes of oil and oil equivalent gas.
On December 10, Kissinger began to encourage the Chinese to take action against India: 'If the People's Republic were to consider the situation on the Indian subcontinent a threat to security, and if it took measures to protect its security, the US would oppose efforts of others to interfere with the People's Republic.' On the 50th anniversary of India's greatest military victory, Claude Arpi recalls how the US suggested that China intervene militarily on Pakistan's side.
Did Xi deliver a message to Modi at Mamallapuram, which though couched in a velvet glove was time-bound? What was that message? It is clear Indian/Israeli/US spy satellites would not have missed detecting Chinese troop movements towards the Ladakh-Tibet frontier. Then why did some important functionaries in the Government of India choose to only ask the Russians about this in April 2020? Was Russian reassurance of Chinese troop movements being part of a routine exercise the reason that the Leh-based XIV Corps did not mobilise itself for its annual summer exercises near the LAC? A fascinating excerpt from Iqbal Chand Malhotra's new book Red Fear: The China Threat.
Processes are at an advanced stage for a number of assets of the Centre and central public sector enterprises (CPSEs) to be monetised. The assets include office space, apartments, factories, land, power transmission assets, sports stadia, gas pipelines, and telecom assets.
A 9-minute lights-out by most of households on Sunday evening can potentially collapse the grid due to sudden drop and then a quick surge after the event. But to manage the dramatic changes in electricity and its impact on the grid, the government has drawn an elaborate plan to manage it.
The NSG, aided by the Garuds and the Army, conducted a chain of surgical 'step by step' operations to eliminate the six terrorists.
The Tibetan nation still lives under the yoke of the Chinese Communist Party, and Beijing today has a guilty conscience; this creates a great uneasiness for Xi Jinping and his colleagues observes Claude Arpi.
'That the terrorists could still kill three security personnel, including men of the Defence Service Corps, indicates highly trained men are being sent across the border,' says national security expert Nitin A Gokhale, founder, BharatShakti.in
India will switch to the world's cleanest petrol and diesel from April 1 as it leapfrogs straight to Euro-VI emission compliant fuels from Euro-IV grades now -- a feat achieved in just three years and not seen in any of the large economies around the globe. India will join the select league of nations using petrol and diesel containing just 10 parts per million of sulphur as it looks to cut vehicular emissions that are said to be one of the reasons for the choking pollution in major cities.
With the situation in Ladakh tense and no resolution in sight the trigger to take the India-US relationship to a transformational one is already there, observes Lieutenant General Syed Ata Hasnain (retd).
Bravery of the wives of two army officers who were staying in the family quarters helped in averting a major hostage crisis during the encounter that took place in Nagrota area of Jammu on Tuesday.
'The potential of one such LAC engagement going out of control and leading to heavy casualties cannot be ruled out,' warns Lieutenant General Syed Ata Hasnain (retd).
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
A widening probe by US authorities involving top drug companies following complaints of price fixing of generics was a point of worry for the participants, said analysts.
A total of 180 NSE-listed companies have not appointed a woman director.
The security establishment in Jammu and Kashmir was pulled up by Chief Minister Omar Abdullah on Friday for the "lapses" in containing the terror attack near Jammu after three terrorists had a free run for nearly an hour between the two strikes.
Peru captain Paolo Guerrero has promised to give his Australian counterpart Mile Jedinak 'a big hug' before Tuesday's match between the teams as a thank you for his personal support in overturning Guerrero's drug suspension.
The blaze erupted around 7 am in the gas processing plant of the ONGC located in Uran area of neighbouring Navi Mumbai, an official said.
Apple, along with other technology companies, is allowed only to report such numbers in increments of 1,000
'By extending its support to the LeT, China is not helping the cause of containment and eventual destruction of radicalism and terror.'
As India's international role expands, so must our capabilities, says Brigadier Gurmeet Kanwal (retd).
The Pentagon has awarded Bell Helicopter a contract to manufacture and deliver the choppers to Pakistan under its foreign military sales funds.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Unable to verify or trace a large number of bondholders in Sahara refund case, Sebi has begun a process to consult the business conglomerate for verifying the genuineness of such investors.
