With the Budget overhang gone, investors are breathing a sigh of relief and are back to make fresh calls.
According to the Indian Council of Medical Research, 19,01,48,024 samples have been tested up to January 21 with 8,00,242 samples being tested on Thursday.
14-year-old Vinisha Umashankar has been creating a buzz with her solar-powered ironing cart. The youngest finalist of the Duke of Cambridge's The Earthshot Prize 2021, she is a shining example of why one is never too young to help the environment.
It also recorded 16,764 fresh COVID-19 cases and 220 more fatalities due to the viral disease.
The IT services giant is also slated to hold a board meeting on April 13 and 14, to approve of and take on record the consolidated financial results of the company for the quarter and year ended March 31, 2021. Indian IT majors will be announcing their fourth quarter (Q4) and 2020-21 results starting April 12. At the end of the Q3 FY21 Infosys had cash and investment of $4.5 billion.
Titled the King, Pele made football and Brazil a household name and Brazilian football, a benchmark.
Axis Bank was the top loser in the Sensex pack, shedding over 4 per cent, followed by Tata Steel, SBI, NTPC, Bharti Airtel, ITC and ICICI Bank.
Downing Street also said that the Winter Plan will set out how people will be able to see their loved ones at Christmas, adding that ministers will be warning that this will not be a normal festive period.
Without exception, the top four majors beat Street estimates across all parameters - revenues, profitability, or net profit growth. However, what stood out were the large deal wins reported by the big two, TCS and Infosys.
A weak margin outlook in the near term and lack of fresh triggers may keep the Godrej Consumer Products (GCPL) stock under pressure. The stock, after tepid September quarter (Q2) results and marginal downward revision in earnings estimates, declined 3.5 per cent in trade on Friday. Though consolidated sales of the company, which owns the Goodknight and Cinthol brands, grew 8.5 per cent year-on-year (YoY), its operating profit declined because of the sharp contraction in margins.
Where paneer came to India from... How sambar got its name... Gulab jamun does not have Indian roots...
The death toll climbed to 4,51,814 with 379 fresh fatalities, according to the data updated at 8 am.
Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time - the target is July - they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023. But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?
'When Covid first struck, the lockdown resulted in clean air in major Indian cities.' 'You were able to see the Himalayan range from Ludhiana.' 'In Delhi, you were seeing deer and stags all over the city because there was no traffic.' 'It was incredible. Nature was waiting to come back.'
The study highlights the critical need for people to comply with face mask use, social distancing, and other COVID-19 prevention guidelines as advised by the public health authorities.
While domestic market growth is important, the sales trajectory in the international markets, which account for 45 per cent of the revenues, will be a key rerating trigger, say analysts.
The figures updated at 8 am showed that while 95,880 people recovered from the virus in a span of 24 hours, 93,337 new infections were recorded during the period.
Strengthening the party's communication strategy to improve public engagement is foremost on the Congress agenda after Rahul Gandhi had stressed that they "have to go back to the people" at the Udaipur meeting.
Tata Steel was the top loser in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ICICI Bank, SBI, Kotak Bank and Dr Reddy's. NSE Nifty dropped 151.75 points to 15,727.90.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins and Reliance Industries amid a negative trend in global markets.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
Thinning out of the counter infiltration and counter terrorism grid is fraught with the danger of revival of terrorism in the Poonch-Rajouri area, cautions Brigadier Narender Kumar (retd), the counter-insurgency expert.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
Heavy rains lashed Mumbai and its suburbs on Wednesday, causing flooding on roads and rail tracks and disrupting suburban train services as the south-west monsoon arrived in the city with a bang, while the India Meteorological Department (IMD) issued an alert for more downpour.
Troy Deeney has declined to take part in the resumption of training, after the stoppage due to the coronavirus pandemic, citing his son's breathing difficulties.
Rajesh Karkera journeys through verdant countryside to the little-explored pristine Lonar lake in eastern Maharashtra.
Among the key concerns of the Street is market share losses in growth segments, led by higher competitive pressures.
While small-caps have delivered higher returns than their large-cap peers, investors would do well to recognise the incremental risk of investing in these companies.
The Kerala Assembly on Wednesday unanimously passed a resolution demanding that the Centre provide COVID-19 vaccines free of cost to all states, even as the ruling and opposition members clashed over the COVID-19 fatality numbers in the state.
The association's reaction came after Union Health Minister Harsh Vardhan on Sunday said that the country is "in the end game of the COVID-19 pandemic" and Delhi Health Minister Satyendar Jain said the coronavirus is nearing an "endemic" phase in the national capital.
'Kangana is such a stylo, she knows what will look good on her.'
Sebi also plans to examine if any comments made by company officials or the bankers could have misled investors.
Dr Tedros said the team has concluded that leak from the Wuhan Institute of Virology as alleged by former US president Donald Trump is the "least likely hypothesis" but it requires further probe.
All Sensex components ended in green, with Bajaj Finserv, HCL Tech, Bharti Airtel, IndusInd Bank, L&T, TCS, ONGC and ICICI Bank, Bajaj Finance and SBI gaining up to 6.64 per cent.
Shares of the HDFC duo led the fall in the indices, shedding up to 2.94 per cent. IndusInd Bank, Axis Bank, Maruti, Bajaj Finserv, PowerGrid and SBI were among the other major laggards.
'I don't see how any Indian government or any Indian military leadership can now ask the soldiers to patrol without weapons.'
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
The Street was hoping that investors will lap up shares of high-dividend companies on optimism that their payouts will increase further, thanks to the 20 per cent tax saving. However, the trade failed to materialise as wealthy investors stayed away fearing high tax outgo, and experts raised doubts on whether companies would actually increase cash dole outs.
'Use of the word 'genocide' for Kashmiri Pandits is absolutely wrong.'
