Indian Oil Corp#39;s VLCC catches fire off Colombo: Sources

The full loaded vessel was heading to Paradip in eastern India from Mina Al Ahmandi in Kuwait, Refinitiv#39;s ship tracking data shows.

SC Hearing on Loan Moratorium LIVE Updates | SC to resume hearing petitions at 2 pm

SC hearing on loan moratorium LIVE updates | Supreme court will continue hearing petitions seeking interest waiver on the six-month loan EMI moratorium that was allowed by the RBI.

Why retailers and FMCG companies are increasing digital and online ad spends and paring broadcast, print expenditure

Digital and online ads give advertisers more bang for the buck compared to television, where an ad spot of a few seconds costs lakhs, or print, which is also expensive and good for only a short period in a day

Ban on 118 Chinese apps: The new reality for startups, the gainers, and the likely effect

It could help social networks like ShareChat, and tools like app locks and ‘clear memory’. However, analysts doubt whether it will have a major impact on China. In fact, they say limiting access to technology and global funds will hurt Indian startups.

Jet Airways insolvency: Two bidders submit revised proposals

The reworked bids will be now evaluated by the Committee of Creditors, consisting of the lenders

Lottery sambad result September 3: West Bengal lottery #39;Dear Bangabhumi Bhagirathi#39; results

Lottery Sambad Result: The lottery enthusiasts who bought West Bengal#39;s ‘Dear Bangabhumi Bhagirathi’ weekly lottery ticket can check the results at lotterysambadresult.in

Verizon, Amazon may invest over $4 billion in Vodafone Idea: Report

US wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in beleaguered Indian telecom firm Vodafone Idea Ltd, India#39;s Mint newspaper reported on Thursday, citing two unnamed people aware of the negotiations.

Hero MotoCorp aims to grab one-fifth of scooter market; launches planned around Diwali

Company’s scooter sales slumped 44 percent in FY20 to 402,676 units, much higher than the 17 percent fall recorded by the industry. Its poor performance led to it losing the third position to Suzuki in FY20. Hero most likely to focus on the fast-growing 125cc scooter segment now.

SC Hearing on Loan Moratorium LIVE Updates | SC to resume hearing petitions seeking interest waiver

SC hearing on loan moratorium LIVE updates | Supreme court will continue hearing petitions seeking interest waiver on the six-month loan EMI moratorium that was allowed by the RBI.

Exclusive | Zomato is about to buy a startup that has little to do with food delivery

The food delivery company, which closed funding from Temasek on September 2, is in advanced negotiations to acquire Gurugram-based Fitso that offers sports facilities to members.

Interest waiver on moratorium loans: Waiver or not, someone is bound to get hurt

Cases where borrowers are severely, genuinely hit and have no cash to repay can be given an interest waiver while those who can afford to pay can do so. As we have seen during the Covid-19 crisis, the RBI is the best judge to decide the apt response to solve this puzzle.

Tata Motors launches new Nexon variant; price starts at Rs 8.36 lakh

The new variant XM(S) of Nexon is available in both petrol and diesel and with two transmission options – manual and automated manual transmission (AMT), Tata Motors said in a release.

SC Hearing on Loan Moratorium Highlights | Hearing of petitions seeking interest waiver to continue on Sep 3

SC hearing on loan moratorium Highlights | Supreme court on September 2 heard petitions seeking interest waiver on the six-month loan EMI moratorium that was allowed by the RBI.

Kerala lottery result declared: Akshaya AK-461 winners announced

Kerala Lottery Akshaya AK-461: The first prize winner is ticket number AM-605405, which bagged a whopping Rs 70 lakh.

Economic growth will turn positive by Q1FY22: EACPM member Nilesh Shah

Shah, who is the managing director of Kotak Mahindra Asset Management Company, attributed the surge in equity markets to the optimism they get by looking at the future and not at the data of the past.

Natural gas futures down 3.82% to Rs 181.50 per mmBtu in afternoon trade

In the futures market, natural gas for September delivery touched an intraday high of Rs 186.30 and an intraday low of Rs 180.60 per mmBtu on MCX

Visa issues, digital adoption to drive local hiring by IT firms in the US

Americans already account for over 60 percent of the workforce of the top 4 Indian IT firms.

Silver futures slip 1.54% to Rs 69,800 per kg

In the futures market, silver for December delivery touched an intraday high of Rs 70,600 and a low of Rs 69,500 per kg on the MCX

Six hidden Facebook features you should know and use

From hiding content without unfriending to assigning a legacy contact, these are some of the key features on the social media platform you should check out

SC hearing on Loan Moratorium LIVE Updates | Hearing of petitions seeking interest waiver to continue on Sep 3

SC hearing on loan moratorium LIVE updates | Supreme court on September 2 heard petitions seeking interest waiver on the six-month loan EMI moratorium that was allowed by the RBI.

It#39;s steelmakers vs miners as deadline nears for crucial amendment in Mines Act

The amendment in two clauses could open up over 500 iron ore mines, something that the steel industry is pushing for. Miners are lobbying against it

SC hearing on Loan Moratorium LIVE Updates | Hearing of petitions seeking interest waiver resumes

SC hearing on loan moratorium LIVE updates | Supreme court will continue hearing petitions seeking interest waiver on the six-month loan EMI moratorium that was allowed by the RBI.

Column: Please, can we stop hunger marketing?

Products that play hard to get will eventually come to you. Save yourself some angst and don’t fall for scarcity marketing. 

Bad Boy Billionaires | Hyderabad Civil Court restrains release of Netflix film on plea by B Ramalinga Raju

The Netflix based show is a documentary based on the four Indian billionaires - Vijay Mallya, Subrata Roy, Nirav Modi and Ramalinga Raju, is described as an "investigative docuseries" that "explores the greed, fraud and corruption that built up - and ultimately brought down - India#39;s most infamous tycoons"

SC hearing on Loan Moratorium LIVE Updates | Hearing of petitions to resume at 2 pm

SC hearing on loan moratorium LIVE updates | Supreme court will continue hearing petitions seeking interest waiver on the six-month loan EMI moratorium that was allowed by the RBI.

Second quarter earnings propel Zoom stock by 40%

The numbers in the second quarter beat Street estimates that pegged revenue at $500 million on the higher side, making it one of the biggest success stories of corporate America.

SC hearing on Loan Moratorium LIVE Updates | RBI is only a regulator and not the agents of the banks: Petitioner

SC hearing on loan moratorium LIVE updates | Supreme court will continue hearing petitions seeking interest waiver on the six-month loan EMI moratorium that was allowed by the RBI.

SC hearing on Loan Moratorium LIVE Updates | SC resumes hearing petitions seeking interest waiver

SC hearing on loan moratorium LIVE updates | Supreme court will continue hearing petitions seeking interest waiver on the six-month loan EMI moratorium that was allowed by the RBI.

Unilever to spend €1 billion to eliminate fossil fuels from cleaning, laundry products by 2030

The chemicals used in Unilever’s cleaning and laundry products make up 46 percent of the company’s home-care division across their life cycle.

Coronavirus impact | Australia#39;s economy takes sharpest dive since the 1930s

Its nearest rival was a 2 percent fall in June 1974. Economists estimate a sharper fall of 9.5 percent in 1930, when Australian became one of the world’s hardest-hit countries by the Great Depression.

Oman Air lays off pilots, including Indians, on Boeing 787, Airbus 330 fleet

Nearly 125 pilots lose jobs, even as the airline prepares to resume operations

Indians traveling from UAE no longer required to register with local consulate

This follows both countries establishing an air travel bubble.

Fireside Ventures eyes more investment opportunities in consumption space, says FMCG sector is only going to get bigger

Venture Partner Kannan Sitaram says all FMCG companies are doing much better during COVID days than during pre-COVID days. There is a pent-up demand for almost all products. Consumption has increased, with people working from home, he says.

Vodafone-Idea#39;s board gets together on September 4 to discuss fundraising proposals post SC#39;s AGR verdict

On September 1, the Supreme Court allowed telecom players, including Vodafone Idea, a 10-year timeline to pay adjusted gross revenue (AGR) dues.

Silver rises 1.4% to Rs 71,424 per kg on firm demand

In the futures market, silver for December delivery touched an intraday high of Rs 73,254 and a low of Rs 70,768 per kg on the MCX.

Toyota Kirloskar Motor sales dip 48% to 5,555 units in August

The company had sold 10,701 units in the domestic market in August 2019.

Steel Strips Wheels bags orders worth $455,000 from US, EU

The company said orders of similar capacity are anticipated from the same customer base as businesses have picked up speed.

Real GDP likely to contract by 10.9% in FY21: SBI Ecowrap

The first quarter GDP contraction compares with 3.1 percent growth in the preceding January-March quarter and 5.2 percent expansion in the same period a year back.

Hyundai sales dip 6% in August to 52,609 units

Domestic sales, however, were up 19.9 percent to 45, 809 units as against 38,205 units in August 2019, the company added.

These scientists are giving themselves DIY coronavirus vaccines

Dozens of scientists around the world are creating experimental COVID-19 vaccines, with wildly varying methods, affiliations and claims

AGR case verdict | Here#39;s what Airtel, Vodafone Idea, Tata will pay after Supreme Court order

The Supreme Court in October 2019 upheld the expanded definition of AGR as given by the Department of Telecommunications, which placed a demand of more than Rs 1 lakh crore on telecom companies

Mahindra Mahindra August sales dip 16% to 30,426 units

In the domestic market, sales were down 13 percent to 29,257 units last month, compared to 33,564 units in August 2019.

TRAI gives Vodafone Idea time till September 4 to show cause for RedX

A source privy to the development said Vodafone Idea had approached the regulator asking for three weeks#39; additional time to reply to the showcause notice

Karnataka scraps two industrial cluster projects: Report

The proposed tiles and sports goods clusters in Karnataka#39;s Hassan and Tumakuru districts have reportedly been dropped.

Despite record drop in earnings and GDP in Q1, India Inc sees more than a silver lining for FY21

Most of the chief executives of companies expect recovery by the end of this FY

Growth first time since March: India#39;s August Manufacturing PMI at 52

Job shedding continued into August at a strong rate, extending the current sequence of decline to five months

MG Motor India post 41.2% increase in retail sales in August

The recently-launched Hector Plus is witnessing significant traction from the family segment as people begin to travel with easing restrictions, while there was good traction in the electric vehicle (EV) segment as well, the company added.

Premium bottled water firms turn to retail market as limited operations in aviation, hospitality sectors dent sales

Aava Natural Mineral Water sees volumes double after tie-up with Amazon. Customer preference for bottled water during COVID-19 helps firms. In fact, Hindustan Liquids, which sells the Perrier brand, says most companies now highly dependent on e-commerce platforms.

Escorts Agri Machinery reports 80% jump in August sales

Escorts Agri Machinery said the market sentiment continues to be highly positive with good monsoons, better Kharif sowing, crop prices holding up well, and good supply of retail finance.

AGR Case LIVE Updates | SC allows 10 years for staggered payment of AGR dues by telcos

AGR Case LIVE Updates | A Supreme Court bench led by Justice Arun Mishra delivered the judgement on the repayment of adjusted gross revenue (AGR) dues by telecom companies.