India beats trend, grows exports as US-China tussle hits major Asian economies

India beats trend, grows exports as US-China tussle hits major Asian economies Limited ties with China and a diversified basket proved advantageous as India’s share in world exports rose, even as peers lost out

London Stock Exchange agrees to buy Refinitiv in $27 billion deal

London Stock Exchange agrees to buy Refinitiv in $27 billion deal As part of the deal initially announced last week, Refinitiv shareholders will ultimately hold around a 37% stake in LSE but less than 30% of the total voting rights.

Meet EV deadline or pay up for pollution, Centre may tell auto cos

Meet EV deadline or pay up for pollution, Centre may tell auto cos NULL

ArcelorMittal cuts steel demand outlook on weak Europe

ArcelorMittal cuts steel demand outlook on weak Europe The company also reported a second-quarter core profit (EBITDA) of $1.56 billion, slightly above its compiled consensus of $1.53 billion, but down from $1.65 billion in the first quarter and only about half its earnings of a year earlier.

As NBFC crisis deepens, chiefs jump ship to banks, fintech: Report    

As NBFC crisis deepens, chiefs jump ship to banks, fintech: Report     This is a reversal of the earlier trend where banking sector talent moved into the NBFC space

Maruti Suzuki July sales crash 34% to two-year low

Maruti Suzuki July sales crash 34% to two-year low The only segment that registered a half a percent growth was light commercial vehicle, under which it sells Super Carry.

FMCG cos launch Rs 10 packs to counter demand slowdown

FMCG cos launch Rs 10 packs to counter demand slowdown NULL

Escorts Agri Machinery sales down 13.4% in July

Escorts Agri Machinery sales down 13.4% in July Exports for July 2019, however, almost trebled to 355 units as against 127 units in July 2018.

Global gold demand rise 8% to 1,123 tonne in April-June: WGC

Global gold demand rise 8% to 1,123 tonne in April-June: WGC Bars and coins saw 12% drop in the second quarter mainly due to China following the easing of currency concerns and high prices.

Tech Mahindra – Should you buy the low?

Tech Mahindra – Should you buy the low? The stock valuation is reasonable post the correction and the currency movement could help, given the domestic macro headwinds. We see limited downside in the stock from the current level.

Bajaj Auto July sales fall 5% to 3.81 lakh units on weak domestic demand

Bajaj Auto July sales fall 5% to 3.81 lakh units on weak domestic demand Motorcycle sales, which contributed 84 percent to total business, slipped to 3.22 lakh units in month gone by, falling 3 percent YoY

MG Motor India retails 1,508 units of Hector in July

MG Motor India retails 1,508 units of Hector in July Commenting on the sales performance MG Motor India Chief Commercial Officer Gaurav Gupta said, the company remains strongly focused on timely vehicle deliveries and seamless assistance.

Amazon in talks to buy stake in India#39;s Reliance Retail: Report

Amazon in talks to buy stake in India#39;s Reliance Retail: Report Talks began after Reliance#39;s negotiations with China#39;s Alibaba Group to sell a stake in the retail entity fell through due to differences over valuation, the financial daily reported citing two senior industry executives.

India Post Payments Bank to be converted into SFB

India Post Payments Bank to be converted into SFB The decisions were taken at the annual Heads of Circles Conference held at Srinagar in Jammu and Kashmir from July 29-31, 2019 to adopt a 100-day action plan and a five-year vision to align the Department of Posts with the Prime Minister#39;s “New India” initiative, a statement from the postal department said.

Zomato expands food delivery service to 500 cities in India

Zomato expands food delivery service to 500 cities in India Zomato had reached 200 cities milestone in April and upgraded its expansion target to 500 by September, it said in a statement.

Fed cuts rates, signals it may not need to do more

Fed cuts rates, signals it may not need to do more Fed Chairman Powell cited global weakness, simmering trade tensions and a desire to boost too-low inflation in explaining the central bank#39;s decision to lower borrowing costs

Zomato shuts up bigotry, says food as doesnt have religion after customer seeks non-Muslim rider

Zomato shuts up bigotry, says food as doesnt have religion after customer seeks non-Muslim rider On July 30 night, a man tweeted about cancelling his order placed on Zomato as the designated rider was a "non-Hindu".

The #39;Taylor story#39;: How differences between IndiGo#39;s Rahul Bhatia Rakesh Gangwal boiled over a CEO appointment

The #39;Taylor story#39;: How differences between IndiGo#39;s Rahul Bhatia Rakesh Gangwal boiled over a CEO appointment In less than a year, Gregory Taylor had re-joined IndiGo, only to have an unceremonious exit. What happened?

SBI to sell stake in credit card JV, to raise Rs 6,000 crore: Report

SBI to sell stake in credit card JV, to raise Rs 6,000 crore: Report The bank presently holds 74 percent of SBI Cards and hopes to raise Rs 5,000-6,000 crore from a partial stake sale

Samsung profit slumps more than half as chip market weakens

Samsung profit slumps more than half as chip market weakens The flagship subsidiary of the sprawling Samsung Group has enjoyed record profits in recent years despite a series of setbacks but is now struggling with chip prices falling as global supply increases.

VG Siddhartha LIVE Updates: CCD founder dead; ICRA puts co on rating watch with -ve implications

VG Siddhartha LIVE Updates: CCD founder dead; ICRA puts co on rating watch with -ve implications Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29

VG Siddhartha LIVE Updates: CCD founder dead; ICRA puts debt on rating watch

VG Siddhartha LIVE Updates: CCD founder dead; ICRA puts debt on rating watch Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29

JSPL supplies 1.26 lakh tonne rails to Indian Railways

JSPL supplies 1.26 lakh tonne rails to Indian Railways In July last year, JSPL had received from the national transporter an order of about one lakh tonne rails, which was later extended by over 26 lakh.

VG Siddhartha LIVE Updates: CCD founder dead, stock tanks 37% in 2 days

VG Siddhartha LIVE Updates: CCD founder dead, stock tanks 37% in 2 days Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29

ILFS Securities declares default; says it is unable to pay its broking members

ILFS Securities declares default; says it is unable to pay its broking members The brokerage said it will not be able to pay its broking members as NSE Clearing Corporation, the clearing and settlement arm of the National Stock Exchange, has not released its payment

Aurobindo’s Sandoz deal may face further delays

Aurobindo’s Sandoz deal may face further delays In September, Hyderabad-based Aurobindo announced that it would acquire the commercial operations of Swiss drug maker Novartis AGs’ generics unit in the US for $900 million. However, the proposed deal, which could emerge as the largest outbound deal by an Indian company, is yet to see the light of day considering that the FTC is yet to respond.

VG Siddhartha LIVE Updates: CCD founder dead, stock tanks around 37% in 2 days

VG Siddhartha LIVE Updates: CCD founder dead, stock tanks around 37% in 2 days Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29

Why Sachin Bansal prefers to play it safe with debt funding

Why Sachin Bansal prefers to play it safe with debt funding “I wanted someone who would understand a business from a founder’s point of view, which is important for a startup," said Hallekere, chief executive and co-founder of the five-year-old Bounce, who pivoted from a luxury bike rental platform to the current dockless scooter-sharing solution to ease urban congestion.

VG Siddhartha LIVE Updates: CCD founder dead, body found near Netravati River

VG Siddhartha LIVE Updates: CCD founder dead, body found near Netravati River Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29

VG Siddhartha LIVE Updates: CCD founder found dead, stock tanks 40% in 2 days

VG Siddhartha LIVE Updates: CCD founder found dead, stock tanks 40% in 2 days Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29

Axis Bank June quarter: Caution in a weak environment, long-term goals intact

Axis Bank June quarter: Caution in a weak environment, long-term goals intact We feel that the valuation at 2.2 times FY21 estimated book value has potential to re-rate should the journey to reaching 18 percent RoE pan out.

Air India, Fiji Airways ink codeshare pact

Air India, Fiji Airways ink codeshare pact The codershare partnership between the two partners will come into effect from next month, Air India said in a release.

Cryptocurrency ban in India was a last-minute decision

Cryptocurrency ban in India was a last-minute decision Economic Affairs Secretary suggested that using cryptocurrencies in payment could be outlawed but not in its entirety.

VG Siddhartha LIVE Updates: CCD founder dead, body recovered from river

VG Siddhartha LIVE Updates: CCD founder dead, body recovered from river Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29

Indian IT companies contributed $57.2 bn to American GDP in 2017: Harsh Vardhan Shringla

Indian IT companies contributed $57.2 bn to American GDP in 2017: Harsh Vardhan Shringla Addressing business leaders in Denver, Colorado, India#39;s Ambassador to the US Harsh Vardhan Shringla said India-based global IT services companies employ more than 175,000 workers in the US accounting for 8.4 per cent of employment in the computer systems design and related services industry.

Watch out for suicide warning signs and seek help: Mental health experts

Watch out for suicide warning signs and seek help: Mental health experts Almost 90 percent of suicides can be prevented by timely intervention, say experts

VG Siddhartha#39;s death: Here are other millionaires who had a tragic end

VG Siddhartha#39;s death: Here are other millionaires who had a tragic end The body of Café Coffee Day (CCD) founder VG Siddhartha was found early morning on July 31, ending speculation about his fate.

VG Siddhartha LIVE Updates: CCD founder dead, body found near Mangaluru

VG Siddhartha LIVE Updates: CCD founder dead, body found near Mangaluru Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29

Watch out for suicide warning signs and seek help

Watch out for suicide warning signs and seek help Almost 90 percent of suicides can be prevented by timely intervention, say experts

Sebi fines ex-FTIL vice-president Naisadh Desai Rs 12 lakh for violating insider trading norms

Sebi fines ex-FTIL vice-president Naisadh Desai Rs 12 lakh for violating insider trading norms The regulator conducted a probe into the trading of scrip of FTIL, now known as 63 Moons Technologies Ltd, during the period from April 2012 to July 2013.

There is a massive crisis in the Indian business space, says veteran journalist Shekhar Gupta

There is a massive crisis in the Indian business space, says veteran journalist Shekhar Gupta According to him, the general environment for entrepreneurship in India is quite dark.

Reporter#39;s Take | Venture debt gaining traction among unicorns

Reporter#39;s Take | Venture debt gaining traction among unicorns The fund will be used to meet the working capital and capex requirements of the company.

Need to look at partnerships to fund JLR’s growth: N Chandrasekaran

Need to look at partnerships to fund JLR’s growth: N Chandrasekaran Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.

We have to look at partnerships to fund JLR’s growth: N Chandrasekaran

We have to look at partnerships to fund JLR’s growth: N Chandrasekaran Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.

We have to look at partnerships to fund JLR’s growth: Chandrasekaran

We have to look at partnerships to fund JLR’s growth: Chandrasekaran Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.

Editor#39;s Take | CCD founder VG Siddhartha missing: Fisherman claims he saw someone jumping off bridge

Editor#39;s Take | CCD founder VG Siddhartha missing: Fisherman claims he saw someone jumping off bridge In this episode of Editor#39;s Take, Moneycontrol#39;s M Saraswathy talks to Corporate Bureau Chief Prince Thomas to find out all about the Siddhartha#39;s disappearance.

How Jack Ma is changing China’s lending landscape?

How Jack Ma is changing China’s lending landscape? The real-time payments data and a risk-management system analyses over 3,000 variables to approve instant disbursement of loan requests

Hyundai#39;s SUV Venue bags 50,000 bookings within 60 days

Hyundai#39;s SUV Venue bags 50,000 bookings within 60 days The company said it has already delivered 18,000 cars since the launch.

DoT working on proposal for MTNL, BSNL merger; final call by Cabinet: Source

DoT working on proposal for MTNL, BSNL merger; final call by Cabinet: Source The source, privy to the development, said merger is "one of the many components" of the overall revival plan being worked out for the two corporations, and that a final call on the matter will be taken by the Cabinet.

BJP govt in Karnataka scraps #39;Tipu Jayanti#39; celebrations

BJP govt in Karnataka scraps #39;Tipu Jayanti#39; celebrations The new Yediyurappa government#39;s move through an order comes within three days after it came to power and a day after it won the confidence motion in the state assembly.