Category: Stocks

Naveen Patnaik Odisha Chief Minister Naveen Patnaik has suggested to Larsen and Toubro (L&T) to set-up units in aerospace and defence manufacturing and green hydrogen sectors in the state. Patnaik made several suggestions when L&T’s CEO & MD SN Subramaniyan called him here on Friday. “As the L&T has an eminent presence in Odisha, the […]

Union Minister Nitin Gadkari Union Minister Nitin Gadkari has sought investments from the Tata Group in and around Nagpur, citing strengths like infrastructure, land availability and connectivity in his home city. In a letter to Tata Sons Chairman N Chandrasekaran on October 7, Gadkari, who handles the road transport and highways portfolio, said group companies […]

Proposed stake sale in IDBI Bank may hit regulatory hurdle The proposed stake sale in state-owned IDBI Bank may run into a regulatory obstacle on the issue of minimum public shareholding. The government and the Securities and Exchange Board of India may be at odds over a minimum public shareholding in the lender. The market […]

A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams Representative image In a world strapped for time, we thought you may find it useful to have a selection of articles we read this past week. As the week winds down, you […]

A drop in capacity could drive up airfares on some routes if not all. The other fallout is that of losing connectivity to certain stations (Representative Image) Seasonality in air travel has been an eternal challenge for the industry, which has to sit on costly assets. While Europe has a clear peak from June to […]

The medium-term protects for Control Print looks good as multiple levers will fuel its growth Representative image. PRO Only Highlights–  Quarterly performance largely backed by improved realisations–  Medium-term triggers China plus and protectionist measures for tyre industry–  Valuations not inexpensive; but improved medium-term outlook Highlights Weak quarter marred by supply-chain issues Margin declines on […]

Elon Musk has asked engineers from his electric vehicle (EV) major Tesla Inc. to meet product leaders at Twitter and review the social media platform’s code, Bloomberg reported on October 28. Musk is “moving swiftly to make a mark on the company” as he works to take it private, the report said. Tesla engineers were […]

October 28, 2022 / 10:25 AM IST Elon Musk plans to become Twitter’s CEO and reverse lifetime bans on users – Elon Musk intends to replace Parag Agrawal, who was fired along with other major executives upon completion of the takeover, a person familiar with the matter told Bloomberg.  – The billionaire is expected to […]

Bitcoin and Ethereum flat, but Dogecoin steals the show While popular meme coin Dogecoin took centre stage as billionaire and Tesla CEO Elon Musk’s acquisition of Twitter reached the endgame, Bitcoin was trading at roughly $ 20,500 on October 27, down marginally. Over the previous day, Dogecoin saw a 12 percent increase. Although he is […]

Biotech panel approves field trials of GM mustard for eventual commercial release The Genetic Engineering Appraisal Committee, India’s biotech regulator, has recommended the environmental release of a genetically modified mustard variety called Dhara Mustard Hybrid 11, paving the way for the commercialization of the country’s first GM food crop. The panel said the recommendation was […]