Nifty Analysis for tomorrow

Flipkart to host #39;Big Billion Days#39; sale from October 16-21

The six-day event will focus on delivering its promise of a wide range of products with great value propositions to existing and new consumers, while providing growth opportunities to MSMEs and sellers across the country, a statement said.

Dr Reddy#39;s launches generic version of Sapropterin Dihydrochloride tablets in US market

This product demonstrates that the company is actively expanding the breadth of its portfolio with a treatment for a rare disease, he added.

This Week in Auto: Car sales up in September, but two-wheeler sales not on same trend

Here is a look at all the major developments in the automotive space this week

ATDC ties up with 77 factories for skilling project: AEPC

Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said ATDC (Apparel Training and Design Centre) will impart three-month classroom training to 240 apprentices in five different courses followed by 12-month on-the-job training.

Interest on loans under moratorium case in Supreme Court now: Whose interest is it anyway?

Waiver of interest would impact Public Sector Banks (PSBs) more than private sector banks. NPAs of the PSBs are likely to touch 15 percent by the end of this financial year.

Willing to waive off interest on interest during moratorium: Centre to SC

Government says willing to bear costs on loans upto Rs 2 crore on a range of loans like education, housing, and auto, among others

Netflix#39;s #39;The Social Dilemma#39; buries the substance in sensationalism: Facebook

#39;The Social Dilemma#39; highlights the impact of social media on mental health and shows how companies work on making their platforms more addictive.

Helloverify#39;s HelloV: Get instant background verification on WhatsApp

Helloverify#39;s new service is targeted at both individuals and small businesses, and people can use this service to verify their tenants, employees, drivers, nannies, security guards, cooks or other domestic help instantly. The service even checks for criminal records apart from identity and address checks.

Kerala lottery result: #39;Karunya KR-467#39; lottery winners to be announced today at 3 pm

Kerala lottery result: The first prize winner of #39;Karunya KR-467#39; lottery will take home Rs 80 lakh.

Danone to launch more adult nutrition products in India

Danone acquired the Protinex brand after purchasing Wockhardt Group#39;s nutrition portfolio in 2012.

Lottery Sambad Result October 3: #39;Dear Bangasree Damodar#39; lottery winners to be announced at 4 pm

Lottery Sambad Result: The winner of the #39;Dear Bangasree Damodar#39; lottery will take home Rs 50 lakh.

Dr Reddy#39;s seeks DCGI nod to conduct phase-3 clinical trial of Russian COVID-19 vaccine Sputnik V

The Indian pharma giant has collaborated with The Russian Direct Investment Fund (RDIF) to conduct clinical trials of Sputnik V as well as its distribution.

US Pelosi does not expect coronavirus agreement Thursday with Trump administration

Asked if there would be a resolution to her negotiations with the administration on Thursday evening, Pelosi told reporters, "No." She added: Even if we came to some agreement, nothing is agreed to until everything is agreed to. It#39;s the language."

Franklin Templeton MF#39;s 6 shut schemes generate Rs 8,262 crore since closure

In addition, borrowing levels in Franklin India Short Term Income Plan and Franklin India Income Opportunities Fund continue to come down steadily, it said.

Walmart to sell UK chain Asda in $8.8 billion deal

Walmart has owned Asda since 1999 but had been looking for a buyer recently to focus on higher-growth markets.

US hiring slows for 3rd month but jobless rate falls to 7.9%

While congressional negotiations, led by House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, continue, the prospect of a major new economic aid package before the November elections is highly uncertain.

Tesla beats expectations for third-quarter vehicle deliveries

Tesla delivered 124,100 units of its new Model Y sport utility vehicle and Model 3 vehicles in the period as US production recovered after being suspended from the end of March to early May due to the COVID-19 lockdown.

NABARD disburses Rs 12,298 crore so far under Swachh Bharat Mission

The campaign, which will continue till January 26, 2021, is aimed at creating awareness among rural populace towards adopting good hygiene and sanitation practices, a release said.

Sterling Wilson Solar shareholders clear related party deals, other resolutions

Ahead of the meeting, Ingovern had called for voting against the reappointment of Pallon Mistry and Keki Elavia as director and independent director, respectively, as well as the management proposal on related party transactions.

Reliance Life Sciences develops RT-PCR kit that can give COVID-19 results in 2 hours

This kit is a complete indigenous development by the RD scientists working at the firm, they said, adding one biggest advantage of this kit is that it is simple to use and uses readily available simple reagents and primers which can be synthesised in India.

Tesla CEO Elon Musk hints at India entry in 2021

"Next year for sure," Elon Musk said on Twitter in reply to a post with a photograph of a T-shirt with the message: "India wants Tesla".

Global stocks slide after Trump diagnosed with coronavirus

US stock futures fell and European shares opened lower, although they recovered some losses in early London trading after the initial overnight move.

Veterans Unpacked: Leaders have to move on, but must not stop acquiring knowledge, says FC Kohli

As the first CEO of TCS, which pioneered Indiaâ€™s #39;Technology Revolution#39; and helped the country to build the $100 billion IT Industry, Kohli, 97, is referred to as the "Father of the Software Industry".

Gold futures rise 2.32% to Rs 50,544 per 10 grams this week, yellow metal trades above $1,900/oz

The bullion metald traded higher in the global market on account of safe-haven buying after US President Donald Trump announced that he had tested positive for COVID-19.

Kia Sonet, Hyundai Creta or Maruti Swift: Which of these takes the crown of being the highest-selling car in September?

As the auto industry wakes up from the forced slumber of COVID-19, check out which cars were the most favoured by consumers in September. This is a list of top 10 most-selling cars in India in September.

Tesla CEO Elon Musk suggests India entry in 2021

"Next year for sure," Elon Musk said on Twitter in reply to a post with a photograph of a T-shirt with the message: "India wants Tesla".

Route Mobile acquires intellectual property, associated contracts from TeleDNA

Route Mobile, which was listed on the BSE last month, said it had entered into a business transfer agreement (BTA) with TeleDNA Communications in June for acquisition of intellectual property and its associated identified customer contracts on a slump sale basis.

Much-awaited SUV Mahindra Thar 2020 launched for Rs 9.80 lakh in India

The prices for 2020 Mahindra Thar have been revealed.

Maruti Suzuki India#39;s S-Presso crosses 75,000 unit sales in first year of launch

Launched in September last year, the car, which takes the shape on a sports utility vehicle, made its debut entry in the top-10 best selling cars in India within a month of hitting the market, the company said in a statement.

Warburg Pincus picks up 25% stake in Home First Finance, IPO by March 2021

Warburg Pincus joins existing marquee PE firm shareholders True North Fund, Aether (Mauritius) and Bessemer Venture Partners. With the deal done, Home First Finance#39;s focus will now be on IPO that could be launched in the first quarter of CY 2021,

In US-China tech feud, Taiwan feels heat from both sides

The Trump administration#39;s stranglehold on Huawei shows that for all of Chinaâ€™s economic progress, the United States still has final say over the technologies without which the modern world could not run.

Coronavirus vaccine | HMD sends more than 56 million syringes to Covax facility

HMD previously said it intends to scale production of auto-disable syringes to an annual capacity of 1 billion from 700 million in the first half of 2021.

Pentagon okays $90 million sale of spares, support for C-130J Super Hercules aircraft to India

In its notification to the Congress, the Defence Security Cooperation Agency said the proposed sale will support the foreign policy and national security of the US by helping to strengthen the US-India strategic relationship and improve the security of a major defence partner, which continues to be an important force for political stability, peace, and economic progress in the Indo-Pacific and South Asia region.

Lockdown lessons from Gandhiâ€™s strategic prowess

Gandhi has largely been a topic of philosophical and moral studies but itâ€™s time for academicians to analyse Gandhi as a strategic thinker.

Exclusive | Goldman Sachs Private Equity in talks to buy minority stake in IPO-bound Biocon Biologics

If the deal â€” which may value the firm in excess of $3.5 billion â€” fructifies, it would mark the third successive investment in 2020 for Kiran Mazumdar Shaw-led Biocon Biologics

India#39;s petrol demand returns to pre-COVID-19 levels, diesel sales inching up

Diesel sales continue to be below normal but have shown a month-on-month increase, according to provisional data from state-owned fuel retailers who control 90 percent of the market.

Natural gas futures trade firm at Rs 187.40 per mmBtu ahead of weekly inventory report

In the futures market, natural gas for October delivery touched an intraday high of Rs 189.50 and a low of Rs 186.70 per mmBtu on the MCX

Rolls-Royce raising $6.5 billion to survive COVID-19 cash crunch

Rolls, whose engines power the Boeing 787 and Airbus 350, said in May that it would cut 9,000 jobs as a result of the pandemic and its finances have been under intense scrutiny.

SBI-HUL tie up for digital payment for retailers; bank to provide paperless overdraft of up to Rs 50,000

Under the partnership, SBI will digitally empower HUL retailers and distributors through UPI based payment solutions and PoS (point-of-sale) terminals.

Unlock 5.0 Guidelines: These are the SOPs restaurants in Maharashtra will follow when they restart dine-in services on October 5

Battered by the Lockdown and struggling to get by on deliveries, restaurants in the State will be opening their doors to dine-in services after more than six months

BMW drives in Mini Convertible Sidewalk Edition in India

"The Mini Convertible Sidewalk Edition is a perfect tribute to the MINI philosophy and the challenges of the current time. MINI has once again created an unmatched combination of the legendary go-kart feeling and open-top driving experience,â€ BMW Group India President Vikram Pawah said.

KEC International bags new orders worth Rs 1,033 crore

In a regulatory filing, the RPG Group company said it has secured orders worth Rs 890 crore for transmission and distribution projects in Africa, Middle East and the Americas.

Indian startup chiefs join hands to fight Google-Apple duopoly, mulls creation of an app store for local apps

Among the founding parties include Murugavel Janakiraman (Matrimony.com), Vijay Shekhar Sharma (Paytm) and Yashish Dahiya (Policybazaar).

Cure.fit hives off eat.fit into a separate business entity

Eat.fit will have its own leadership and own funding as it aims to grow in the cloud kitchen space across the country.

White House stimulus proposal goes over $1.5 trillion with $20 billion for airlines

US airlines have been pleading for another $25 billion in payroll support to protect jobs for a further six months after the current package, which banned furloughs, expired at midnight EDT.

Twitter removes 130 accounts disrupting public conversation during Trump-Biden debate

Twitter removed the accounts, which appeared to originate in Iran, "based on intel" provided by the US Federal Bureau of Investigation (FBI), it said in a tweet.

Adani Green Energy completes acquisition of 205 MW solar energy assets

"The assets are located in Punjab, Karnataka and Uttar Pradesh. All the assets have long-term power purchase agreements (PPAs) with various state electricity distribution companies. The portfolio is relatively young with average remaining PPA life of approximately 21 years,â€ AGEL said in a regulatory filing.