Fixed deposit interest rates: Check out latest FD rates of SBI, HDFC Bank

Read on to know fixed deposit interest rates of SBI and HDFC Bank

Gold rebounds from five-month lows as virus fears outweigh vaccine cheer

Following sharp losses in the previous two sessions, spot gold rose 0.4 percent to $1,784.37 per ounce by 0349 GMT. US gold futures gained 0.4 percent to $1,787.90.

Aurobindo Pharma completes sale of Natrol LLC to New Mountain Capital

Earlier, Aurobindo Pharma Managing Director N Govindarajan had said that proceeds from Natrol’s divestiture will be used to reduce debt and other new strategic initiatives.

Bajaj, Pierer Industrie propose to move KTM stake to new holding company

The discussions between the two companies are at a very preliminary stage and this disclosure is being made only by way of abundant caution, Bajaj said today

LG Chem to double China battery capacity to meet Tesla demand: Sources

The firm, a supplier for Tesla#39;s Shanghai-built Model 3, will also ship its increased output from China as well as Korea to Tesla#39;s factories in Germany and the United States, said two people with knowledge of the matter, signalling an increased role in the supply chain of the world#39;s leading EV manufacturer.

Glenmark Pharma gets tentative nod from USFDA for cancer treatment drug

The tentatively approved product is the generic version of Inlyta tablets of PF Prism CV.

Coronavirus News LIVE Updates: Thane district#39;s COVID-19 tally rises by 492 to reach 2.29 lakh

Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.62 lakh. There are 4,35,603 active cases in the country.

Kerala govt bars PwC from IT projects for two years

Kerala#39;s IT Department in an order said PwC#39;s contract for the Kerala Fibre Optic Network (KFON) won#39;t be renewed.

Coronavirus News LIVE Updates: 482 more fatalities push India#39;s COVID-19 death toll to 1,37,621

Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.62 lakh. There are 4,35,603 active cases in the country.

Bajaj Auto sales rise 5% to 4,22,240 units in November

Domestic sales in November this year stood at 1,98,933 units as against 2,07,775 units, a decline of 4 percent, Bajaj Auto said in a BSE filing.

Zoom Out | No more secret sauces, it is time to Build in Public

Want a great product? Work with your audience to get there. This concept of evolution with your audience or community is coming to be known as ‘Build in Public (BIP)’.

Coronavirus News LIVE Updates: 31,118 new cases push India#39;s COVID-19 tally to 94.62 lakh

Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.62 lakh. There are 4,35,603 active cases in the country.

Coronavirus News LIVE Updates: Bihar logs 457 fresh COVID-19 cases, 5 more deaths

Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.31 lakh. There are 4,46,952 active cases in the country.

Lottery Sambad Result December 1: ‘Dear Bangalakshmi Torsha#39; lottery winners to be announced at 4 pm

Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Torsha#39; lottery will take home Rs 50 lakh.

Coronavirus News LIVE Updates: Chhattisgarh COVID-19 tally zooms to 2.37 lakh with 1,324 new cases; 21 more die

Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.31 lakh. There are 4,46,952 active cases in the country.

Bharti AXA Life Insurance reports 10% rise in renewal premium at Rs 594 crore in April-September

The company’s renewal premium stood at Rs 541 crore in April-September of fiscal year 2019-20, Bharti AXA Life Insurance said in a release. Bharti AXA Life Insurance is a joint venture between Bharti Enterprises and AXA, one of the world’s largest insurance companies.

Oil prices face uphill struggle in 2021 despite vaccine progress: Reuters poll

The poll of 40 economists and analysts forecast Brent would average $49.35 a barrel next year, little changed from last month#39;s $49.76 outlook.

India GDP outlook: SP retains growth forecast at -9% for FY21

SP, in its report on Asia Pacific, projected the Indian economy to grow at 10 percent in the next fiscal.

SP retains India#39;s growth forecast at (-)9% in FY21

SP, in its report on Asia Pacific, projected the Indian economy to grow at 10 percent in the next fiscal.

Dutch bank ABN Amro to shed almost 3,000 jobs in pull back from abroad

Once a banking giant with well over 100,000 employees around the world, ABN has already cut tens of thousands of jobs since its bail out by the Dutch state in 2008 as it refocuses mainly on the Dutch market.

Explainer | Why is Akshata Murthy#39;s wealth controversial?

Akshata Murty, the wife of British Chancellor Rishi Sunak and daughter of Infosys Co-Founder NR Narayana Murthy, has come under scrutiny as Sunak failed to declare his family wealth in the ministerial register despite being a public official.

Eightfold AI raises $125 million in latest funding round

Eightfold#39;s single platform for the entire talent lifecycle brings together billions of anonymized data points, algorithms and domain expertise required to make a reliable, scalable impact for enterprise-scale organizations.

Government waives penalty for non-compliance with QR code provisions for B2C transactions

However, it would be mandatory for businesses to follow the QR code provisions from April 1, 2021 to avail this penalty waiver

Banks in India to see capital decline over 2 years without fresh infusion: Moody#39;s

In India, stress among non-bank financial institutions will also curtail their capacity to lend, Moody#39;s noted.

SP Global nears $44 billion deal to buy IHS Markit: Reports

SP Global, valued at around $82 billion, controls the Standard and Poor#39;s ratings agency and traces its roots to the 1860s.

Saudi Arabia may raise Asia crude prices in January: Survey

Saudi crude OSPs are usually released around the fifth of each month, and set the trend for Iranian, Kuwaiti and Iraqi prices, affecting more than 12 million barrels per day (bpd) of crude bound for Asia.

DHL Express appoints Manish Patel as vice-president for operations

Manish succeeds Ashutosh Bajpai, who takes over as vice-president for Asia-Pacific (excluding China), Gateways and Customs, DHL Express, and will now be based out of the regional office in Singapore, DHL Express said.

Virus-stricken winter unlikely to derail oil market rebalancing: Goldman Sachs

The bank, however, said it expects the winter wave to hit global oil demand by at least 3 million barrels per day, partially offset by heating, restocking and demand in emerging markets.

No COVID-19 impact? IIT Madras gets higher pre-placement offers this year than in 2019

Among the companies, Texas Instruments and Microsoft made the highest offers - 12 each. Qualcomm made 10 offers while Goldman Sachs and American Express made 9 offers each

upGrad eyes larger play in lifelong learning space via MA route

New acquisitions won’t be merged into upGrad but will operate independently, under the parent

‘Unholy alliance’ between banks and e-commerce firms to destroy indigenous businesses, CAIT writes to Finance Minister Nirmala Sitharaman

CAIT termed the joint workings of e-commerce companies like Amazon and Flipkart with banks as an ‘unholy nexus’ and ‘cartelisation of banks’.

Farmer protest: Air fares on Delhi-Chandigarh route spike

Air fares are two times that on Delhi-Mumbai

Vaccine optimism puts gold on course for worst month in four years

Spot gold declined about 1 percent to $1,771.22 per ounce by 0452 GMT, shedding 5.7 percent so far this month - its biggest since November 2016.

Uber eyes EV pie, aims for 3,000 vehicles by end of 2021

EV-friendly policies and targets by the Centre and states such as Delhi and Telangana will translate into sales in the near future, the company has said.

Paytm Money goes deeper into broking, opens IPO investments

Paytm, which is hoping to start making money and look at a public listing in the near future, needs its adjacent business units to start showing profits. Broking is an important part of that strategy and the back to back product launches should take it towards that goal

MC Insider: D-Street debuts, succession planning at condom maker, an agency’s dilemma and more

Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power

Exclusive: Bajaj, KTM parent firm restart talks on stake transfer

Bajaj Auto holds 48% in the Austrian bike maker. The discussions are being held between Bajaj Auto International Holding BV, the Netherlands-based subsidiary, and Pierer Industrie AG, the parent company of Pierer Mobility AG.

World stocks boast record-breaking month, led by Europe

The rush to risk has also benefited oil and industrial commodities while undermining the safe-haven dollar and gold.

Top 25,000 GST payers of October yet to file returns in November, tax officers to send reminders

About 80 lakh sales return or GSTR-3B have been filed so far.

E-commerce firms monopolising market by violating FDI policy: CAIT to PM Narendra Modi

CAIT in its letter to Prime Minister Narendra Modi said the absence of concrete action against big e-commerce companies like Amazon, Flipkart has led to a roadblock for small businesses to run their operations online

From small businesses to farmers, here#39;s how middle India is driving demand

Farmers, benefiting from a bumper crop, are lapping up tractors while demand for personal vehicles, due to a lack of public transport and the need for safer travel options, has boosted sales of cars and motorcycles

COVID-19 vaccine | SII rejects claims of Covishield#39;s adverse effect, threatens to seek damages in excess of Rs 100 crore

The volunteer is falsely laying the blame for his medical problems on the trial of COVID-19 vaccine Covishield, said Serum Institute of India

Sebi clears DRHP of Heranba Industries to launch Rs 700-crore IPO

Heranba Industries#39; IPO would be a combination of fresh equity of Rs 60 crore and an offer for sale by promoters and other shareholders

AirAsia India plans expansion; to induct 3 more A320 neos by June 2021

The Bengaluru-based airline took delivery of the first A320 neo in October and another one earlier this month.

Indiabulls Housing Finance sells part of its stake in OakNorth Holdings, raises Rs 93 crore

IHFL has raised a total of Rs 2,670 crore as fresh equity in the month of September, October, and November 2020 adding to the regulatory equity capital of the company

IndoStar Capital to exit corporate lending business by March 2022

The company has been reducing its corporate book over the last two years, and has brought down the portfolio by close to Rs 3,500 crore.

US, UK and Australia among top markets for Indian sellers exporting products on eBay

Indian sellers have been witnessing strong demand across categories like apparel, fine jewellery, toys, auto parts and accessories and home decor, especially during the holiday season (Thanksgiving to New Year#39;#39;s), eBay India Country Manager Vidmay Naini told PTI.

Professional CEOs see average salary hike of 6.5% in 2019-20: Report

Sun TV#39;s Kalanithi Maran and Kavery Kalanithi took home the highest salaries, earning Rs 87.5 crore each

JSW Steel in the process of acquiring land for steel plant in Odisha: Director Jayant Acharya

Speaking to PTI, JSW Steel Director - Commercial Marketing and Corporate Strategy Jayant Acharya said it is the same site near the port of Paradip where POSCO was keen to set up a 12 MTPA steel plant.

5G prospects compelling for India; adequate, affordable spectrum can spur growth: Qualcomm

5G would positively impact India#39;#39;s telecom market, the second largest in the world and "still growing", as increased data consumption and heightened adoption of technology due to the pandemic has prepared the market for the advent of next-generation technology, said Rajen Vagadia, VP and President, Qualcomm India and SAARC.