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Ethereum founder donates $1 billion to help Covid-hit India
alphanewsstream
2021-05-13 23:00
Ethereum founder donates $1 billion to help Covid-hit India
rrButerin, who founded the second-largest cryptocurrency in the world after Bitcoin, made the donation to the India Covid Crypto Relief Fund, run by Indian crypto entrepreneur Sandeep Nailwal.rr...

https://www.hindustantimes.com/business/ethereum-founder-donates-1-billion-to-help-covid-hit-india-101620945619476.html

#hindustantimes
Ethereum founder donates $1 billion to help Covid-hit India
rrButerin, who founded the second-largest cryptocurrency in the world after Bitcoin, made the donation to the India Covid Crypto Relief Fund, run by Indian crypto entrepreneur Sandeep Nailwal.rr...

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GST'??shortfall'?? may'?? cross  r'"?r1.6 lakh cr: Amit Mitra
alphanewsstream
2021-05-13 23:00
GST'??shortfall'?? may'?? cross r'"?r1.6 lakh cr: Amit Mitra
rrMitra added that due to the second wave and lockdowns, the compensation would be much higher than what was projected earlier.rr...

https://www.hindustantimes.com/business/gstshortfall-may-cross-rs-1-6-lakh-cr-amit-mitra-101620945430071.html

#hindustantimes
GST'??shortfall'?? may'?? cross r'"?r1.6 lakh cr: Amit Mitra
rrMitra added that due to the second wave and lockdowns, the compensation would be much higher than what was projected earlier.rr...

https://www.hindustantimes.com/business/gstshortfall-may-cross-rs-1-...
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BSE-listed cos' market cap hits a record high of  r'"?r211 lakh crore
alphanewsstream
2021-05-08 00:30
BSE-listed cos' market cap hits a record high of r'"?r211 lakh crore
On Friday, the benchmark Sensex closed at 49,206.47, up 256.71 points or 0.52%. The broader Nifty50 closed at 14,823.15, up 98.35 points or 0.67...

https://www.hindustantimes.com/business/bselisted-cos-market-cap-hits-a-record-high-of-211-lakh-crore-101620432528315.html

#hindustantimes
BSE-listed cos' market cap hits a record high of r'"?r211 lakh crore
On Friday, the benchmark Sensex closed at 49,206.47, up 256.71 points or 0.52%. The broader Nifty50 closed at 14,823.15, up 98.35 points or 0.67...

https://www.hindustantimes.com/business/bselisted-cos...
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LIC cuts stake in listed firms to a record low
alphanewsstream
2021-05-08 00:45
LIC cuts stake in listed firms to a record low
The insurers shareholding slumped to an all-time low of 3.66% of the market value of all publicly traded companies at the end of March, data compiled by Prime Database showed...

https://www.hindustantimes.com/business/lic-cuts-stake-in-listed-firms-to-a-record-low-101620432870493.html

#hindustantimes
LIC cuts stake in listed firms to a record low
The insurers shareholding slumped to an all-time low of 3.66% of the market value of all publicly traded companies at the end of March, data compiled by Prime Database showed...

https://www.hindustanti...
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HDFC Q4 profit up 42% at  r'"?r3,180 crore
alphanewsstream
2021-05-08 01:00
HDFC Q4 profit up 42% at r'"?r3,180 crore
Standalone net profit stood at rr3,180 crore in the quarter as compared to rr2,233 crore a year ago. The mortgage lender had posted a net profit of rr2,926 crore in the December quarter...

https://www.hindustantimes.com/business/hdfc-q4-profit-up-42-at-3-180-crore-101620434403895.html

#hindustantimes
HDFC Q4 profit up 42% at r'"?r3,180 crore
Standalone net profit stood at rr3,180 crore in the quarter as compared to rr2,233 crore a year ago. The mortgage lender had posted a net profit of rr2,926 crore in the December quarter...

https://www....
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Sensex over 49,000, Nifty above 14,800 in opening trade
alphanewsstream
2021-05-07 04:15
Sensex over 49,000, Nifty above 14,800 in opening trade
Sensex over 49,000, Nifty above 14,800 in opening trade...

https://www.hindustantimes.com/business/sensex-over-49-000-nifty-above-14-800-in-opening-trade-101620357118804.html

#hindustantimes
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PLI'?? scheme'?? for '??EV '??batteries '??gets nod
alphanewsstream
2021-05-12 22:00
PLI'?? scheme'?? for '??EV '??batteries '??gets nod
rrThe proposal, approved by the Union cabinet chaired by Prime Minister Narendra Modi, comes as the country accelerates steps to switch to electric vehicles (EVs) to curb rampant pollution in its major cities and cut reliance on costly oil imports.rr...

https://www.hindustantimes.com/business/pli-scheme-for-ev-batteries-gets-nod-101620856216077.html

#hindustantimes
PLI'?? scheme'?? for '??EV '??batteries '??gets nod
rrThe proposal, approved by the Union cabinet chaired by Prime Minister Narendra Modi, comes as the country accelerates steps to switch to electric vehicles (EVs) to curb rampant pollution in its majo...
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Bitcoin falls after Musk halts Tesla purchases with currency
alphanewsstream
2021-05-12 23:45
Bitcoin falls after Musk halts Tesla purchases with currency
As a newly added member of the blue chip S&P 500 stock index, Teslas surprise announcement added legitimacy to the cryptocurrency as an increasingly acceptable form of payment and as an investment...

https://www.hindustantimes.com/business/bitcoin-falls-after-musk-halts-tesla-purchases-with-currency-101620862194686.html

#hindustantimes
Bitcoin falls after Musk halts Tesla purchases with currency
As a newly added member of the blue chip S&P 500 stock index, Teslas surprise announcement added legitimacy to the cryptocurrency as an increasingly acceptable form of payment and as an investment...

h...
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Gold rates remain low in major cities ahead of Akshaya Tritiya
alphanewsstream
2021-05-13 07:45
Gold rates remain low in major cities ahead of Akshaya Tritiya
rrThe spot gold rate remained low in Indian market although the global gold prices saw a growth of 0.05%.rr...

https://www.hindustantimes.com/business/gold-rates-remain-low-in-major-cities-ahead-of-akshaya-tritiya-101620888059904.html

#hindustantimes
Gold rates remain low in major cities ahead of Akshaya Tritiya
rrThe spot gold rate remained low in Indian market although the global gold prices saw a growth of 0.05%.rr...

https://www.hindustantimes.com/business/gold-rates-remain-low-in-major-cities-ahead-of-aks...
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Oil gains after cyber attack forces shutdown of US fuel pipelines
alphanewsstream
2021-05-10 09:15
Oil gains after cyber attack forces shutdown of US fuel pipelines
Oil has risen 33% this year due to supply cuts by the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, and easing coronavirus movement restrictions in the US and Europe...

https://www.hindustantimes.com/business/oil-gains-after-cyber-attack-forces-shutdown-of-us-fuel-pipelines-101620637138417.html

#hindustantimes
Oil gains after cyber attack forces shutdown of US fuel pipelines
Oil has risen 33% this year due to supply cuts by the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, and easing coronavirus movement restrictions in the US and Europe......
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Cairn sues Air India over $1.2 bn arbitration award
alphanewsstream
2021-05-15 21:00
Cairn sues Air India over $1.2 bn arbitration award
rrThe move ratchets up pressure on Indian government to pay the sum of $1.2 billion plus interest and costs that the British firm Cairn was awarded by an arbitration tribunal in December.rr...

https://www.hindustantimes.com/business/cairn-sues-air-india-over-1-2-bn-arbitration-award-101621110541868.html

#hindustantimes
Cairn sues Air India over $1.2 bn arbitration award
rrThe move ratchets up pressure on Indian government to pay the sum of $1.2 billion plus interest and costs that the British firm Cairn was awarded by an arbitration tribunal in December.rr...

https://...
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RBI asks banks to build Covid loan book for vaccine makers, hospitals
alphanewsstream
2021-05-05 05:15
RBI asks banks to build Covid loan book for vaccine makers, hospitals
Reserve Bank of India governor Shaktikanta Das on Wednesday announced immediate liquidity of rr50,000 crore for a tenure of three years for banks to be able to extend Covid loans for all healthcare entities...

https://www.hindustantimes.com/business/rbi-asks-banks-to-build-covid-loan-book-for-vaccine-makers-hospitals-101620188710555.html

#hindustantimes
RBI asks banks to build Covid loan book for vaccine makers, hospitals
Reserve Bank of India governor Shaktikanta Das on Wednesday announced immediate liquidity of rr50,000 crore for a tenure of three years for banks to be able to extend Covid loans for all healthcare en...
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Firms'??file'??for'??IPOs'??worth $2.6 billion
alphanewsstream
2021-05-06 01:15
Firms'??file'??for'??IPOs'??worth $2.6 billion
rrCompanies have filed draft red herring prospectuses (DRHPs) for nine IPOs that aim to raise almost Rs.19,660 crore (approximately $2.66 billion) since April 1, 2021, according to data from primary market tracker Prime Database.rr...

https://www.hindustantimes.com/business/firmsfileforiposworth-2-6-billion-101620262514504.html

#hindustantimes
Firms'??file'??for'??IPOs'??worth $2.6 billion
rrCompanies have filed draft red herring prospectuses (DRHPs) for nine IPOs that aim to raise almost Rs.19,660 crore (approximately $2.66 billion) since April 1, 2021, according to data from primary m...
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Apple defends app review, payment system to deflect Epic claims
alphanewsstream
2021-05-11 17:45
Apple defends app review, payment system to deflect Epic claims
The Cupertino, California-based technology giant on Tuesday said in a statement that it prevented more than $1.5 billion in potentially fraudulent transactions last year, underscoring the need for its proprietary payment system at the heart of the on-going antitrust trial with Epic...

https://www.hindustantimes.com/business/apple-defends-app-review-payment-system-to-deflect-epic-claims-101620753838689.html

#hindustantimes
Apple defends app review, payment system to deflect Epic claims
The Cupertino, California-based technology giant on Tuesday said in a statement that it prevented more than $1.5 billion in potentially fraudulent transactions last year, underscoring the need for its...
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Inflows into equity MFs plunge in April
alphanewsstream
2021-05-12 01:00
Inflows into equity MFs plunge in April
Net inflows fell 75% to rr1,783 crore in April from rr7,376 crore in March: Amfi data...

https://www.hindustantimes.com/business/inflows-into-equity-mfs-plunge-in-april-101620779513417.html

#hindustantimes
Inflows into equity MFs plunge in April
Net inflows fell 75% to rr1,783 crore in April from rr7,376 crore in March: Amfi data...

https://www.hindustantimes.com/business/inflows-into-equity-mfs-plunge-in-april-101620779513417.html

#hindustanti...
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Fuel prices hiked for 3rd straight day; petrol costs  r'"?r92.05 in Delhi
alphanewsstream
2021-05-12 04:30
Fuel prices hiked for 3rd straight day; petrol costs r'"?r92.05 in Delhi
rrIn Delhi, the cost of a litre of petrol is now rr92.05 and that of diesel is rr82.61.rr...

https://www.hindustantimes.com/business/fuel-prices-hiked-for-3rd-straight-day-petrol-costs-rs-92-05-in-delhi-101620790915108.html

#hindustantimes
Fuel prices hiked for 3rd straight day; petrol costs r'"?r92.05 in Delhi
rrIn Delhi, the cost of a litre of petrol is now rr92.05 and that of diesel is rr82.61.rr...

https://www.hindustantimes.com/business/fuel-prices-hiked-for-3rd-straight-day-petrol-costs-rs-92-05-in-delh...
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Fuel prices at record high today; Petrol, diesel rates hiked by 25 paise/litre
alphanewsstream
2021-05-12 06:45
Fuel prices at record high today; Petrol, diesel rates hiked by 25 paise/litre
The recent round of price hike made petrol costlier by rr1.65 per litre and diesel by rr1.88 a litre since May 4 across the country. Pump prices of petrol and diesel vary from place to place due to different state taxes and local levies...

https://www.hindustantimes.com/business/fuel-prices-at-record-high-today-petrol-diesel-rates-hiked-by-25-paiselitre-101620801030754.html

#hindustantimes
Fuel prices at record high today; Petrol, diesel rates hiked by 25 paise/litre
The recent round of price hike made petrol costlier by rr1.65 per litre and diesel by rr1.88 a litre since May 4 across the country. Pump prices of petrol and diesel vary from place to place due to di...
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0
Poonawallas turned down $1 billion offer from private equity firms
alphanewsstream
2021-05-04 23:45
Poonawallas turned down $1 billion offer from private equity firms
rrThe Poonawalla family-owned firm turned down the offer by a consortium of private equity firm TPG Capital, Abu Dhabis ADQ and Saudi Arabias Public Investment Fund following differences over valuationrr...

https://www.hindustantimes.com/business/poonawallas-turned-down-1-bn-offer-101620170769795.html

#hindustantimes
Poonawallas turned down $1 billion offer from private equity firms
rrThe Poonawalla family-owned firm turned down the offer by a consortium of private equity firm TPG Capital, Abu Dhabis ADQ and Saudi Arabias Public Investment Fund following differences over valuatio...
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0
Bitcoin recoups some losses from Musk's Tesla u-turn
alphanewsstream
2021-05-13 11:45
Bitcoin recoups some losses from Musk's Tesla u-turn
rrThe price of the world's largest cryptocurrency dropped 17% from around $54,819 to $45,700, its lowest since March 1, in just under two hours following Musk's tweet on Wednesday.rr...

https://www.hindustantimes.com/business/bitcoin-recoups-some-losses-from-musk-s-tesla-uturn-101620905460241.html

#hindustantimes
Bitcoin recoups some losses from Musk's Tesla u-turn
rrThe price of the world's largest cryptocurrency dropped 17% from around $54,819 to $45,700, its lowest since March 1, in just under two hours following Musk's tweet on Wednesday.rr...

https://www.hin...
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India-born Rajesh Agrawal re-appointed London's deputy mayor for business
alphanewsstream
2021-05-13 13:45
India-born Rajesh Agrawal re-appointed London's deputy mayor for business
Rajesh Agrawal also committed himself to the agenda on Thursday and made a pledge to focus on a fairer and greener recovery for the UK capital from the coronavirus pandemic...

https://www.hindustantimes.com/business/indiaborn-rajesh-agrawal-re-appointed-london-s-deputy-mayor-for-business-101620912297189.html

#hindustantimes
India-born Rajesh Agrawal re-appointed London's deputy mayor for business
Rajesh Agrawal also committed himself to the agenda on Thursday and made a pledge to focus on a fairer and greener recovery for the UK capital from the coronavirus pandemic...

https://www.hindustantime...
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S&P expects surging cases to derail India's economic recovery
alphanewsstream
2021-05-08 00:30
S&P expects surging cases to derail India's economic recovery
The rating agency expects growth to fall to 9.8% under its moderate scenario and 8.2% under a severe scenario based on when the wave peaks...

https://www.hindustantimes.com/business/sp-expects-surging-cases-to-derail-india-s-economic-recovery-101620431970156.html

#hindustantimes
S&P expects surging cases to derail India's economic recovery
The rating agency expects growth to fall to 9.8% under its moderate scenario and 8.2% under a severe scenario based on when the wave peaks...

https://www.hindustantimes.com/business/sp-expects-surging-...
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Fuel prices hiked for 4th day, petrol crosses  r'"?r102/lt
alphanewsstream
2021-05-08 01:00
Fuel prices hiked for 4th day, petrol crosses r'"?r102/lt
On Friday, petrol price was hiked by a steep 29 paise per litre and diesel by 31 paise a litre, according to a price notification by state-owned fuel retailers...

https://www.hindustantimes.com/business/fuel-prices-hiked-for-4th-day-petrol-crosses-102lt-101620434117867.html

#hindustantimes
Fuel prices hiked for 4th day, petrol crosses r'"?r102/lt
On Friday, petrol price was hiked by a steep 29 paise per litre and diesel by 31 paise a litre, according to a price notification by state-owned fuel retailers...

https://www.hindustantimes.com/busines...
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April drug sales up on low base effect, Covid-19 drug demand
alphanewsstream
2021-05-08 01:15
April drug sales up on low base effect, Covid-19 drug demand
The stringent nationwide lockdown of April 2020 had caused an 11% slump in drug sales...

https://www.hindustantimes.com/business/april-drug-sales-up-on-low-base-effect-covid-19-drug-demand-101620434819818.html

#hindustantimes
April drug sales up on low base effect, Covid-19 drug demand
The stringent nationwide lockdown of April 2020 had caused an 11% slump in drug sales...

https://www.hindustantimes.com/business/april-drug-sales-up-on-low-base-effect-covid-19-drug-demand-101620434819...
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Centre exempts Section 269ST of IT Act for hospitals providing Covid treatment
alphanewsstream
2021-05-08 03:00
Centre exempts Section 269ST of IT Act for hospitals providing Covid treatment
The relaxation has been granted for the period 01.04.2021 to 31.05.2021, after obtaining PAN or AADHAAR of patient and the payer...

https://www.hindustantimes.com/business/centre-exempts-section-269st-of-it-act-for-hospitals-providing-covid-treatment-101620441311582.html

#hindustantimes
Centre exempts Section 269ST of IT Act for hospitals providing Covid treatment
The relaxation has been granted for the period 01.04.2021 to 31.05.2021, after obtaining PAN or AADHAAR of patient and the payer...

https://www.hindustantimes.com/business/centre-exempts-section-269st-...
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Weak US jobs data expose deep partisan divide on benefits
alphanewsstream
2021-05-08 06:15
Weak US jobs data expose deep partisan divide on benefits
President Joe Biden said there was nothing measurable in Fridays report to back up suggestions that the $300 a week extra in jobless benefits extended in his March pandemic-relief bill was stopping people from returning to work...

https://www.hindustantimes.com/business/weak-us-jobs-data-expose-deep-partisan-divide-on-benefits-101620452685475.html

#hindustantimes
Weak US jobs data expose deep partisan divide on benefits
President Joe Biden said there was nothing measurable in Fridays report to back up suggestions that the $300 a week extra in jobless benefits extended in his March pandemic-relief bill was stopping pe...
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Covid-19 has amplified ups and downs, says Kumar Mangalam Birla
alphanewsstream
2021-05-08 16:45
Covid-19 has amplified ups and downs, says Kumar Mangalam Birla
rrKumar Mangalam Birla exuded confidence that despite the suffering and losses due to pandemic, the virus will be beaten.rr...

https://www.hindustantimes.com/business/covid19-has-amplified-ups-and-downs-says-kumar-mangalam-birla-101620489701201.html

#hindustantimes
Covid-19 has amplified ups and downs, says Kumar Mangalam Birla
rrKumar Mangalam Birla exuded confidence that despite the suffering and losses due to pandemic, the virus will be beaten.rr...

https://www.hindustantimes.com/business/covid19-has-amplified-ups-and-down...
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US fuel sellers scramble for alternatives to hacked pipeline
alphanewsstream
2021-05-09 13:30
US fuel sellers scramble for alternatives to hacked pipeline
Colonial Pipeline halted all operations on its system as a precautionary measure Friday after suffering a cyberattack that affected some of its IT systems, the company said in a statement Saturday...

https://www.hindustantimes.com/business/us-fuel-sellers-scramble-for-alternatives-to-hacked-pipeline-101620564810005.html

#hindustantimes
US fuel sellers scramble for alternatives to hacked pipeline
Colonial Pipeline halted all operations on its system as a precautionary measure Friday after suffering a cyberattack that affected some of its IT systems, the company said in a statement Saturday...

h...
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0
Buybacks jump to a 2-year high in pandemic-hit FY21
alphanewsstream
2021-05-10 01:00
Buybacks jump to a 2-year high in pandemic-hit FY21
In 2020-21, 61 companies offered to buy back shares worth rr39,295 crore, according to data from Prime Database...

https://www.hindustantimes.com/business/buybacks-jump-to-a-2-year-high-in-pandemic-hit-fy21-101620607591674.html

#hindustantimes
Buybacks jump to a 2-year high in pandemic-hit FY21
In 2020-21, 61 companies offered to buy back shares worth rr39,295 crore, according to data from Prime Database...

https://www.hindustantimes.com/business/buybacks-jump-to-a-2-year-high-in-pandemic-hit...
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0
ByteDance hires thousands to challenge e-commerce king Alibaba
alphanewsstream
2021-05-10 02:00
ByteDance hires thousands to challenge e-commerce king Alibaba
ByteDances ambitions arent limited to Alibaba. The firm has also started to let users book hotels and restaurants through Douyin, offering lifestyle services similar to super-apps like Meituan and Tencents WeChat...

https://www.hindustantimes.com/business/bytedance-hires-thousands-to-challenge-e-commerce-king-alibaba-101620609919942.html

#hindustantimes
ByteDance hires thousands to challenge e-commerce king Alibaba
ByteDances ambitions arent limited to Alibaba. The firm has also started to let users book hotels and restaurants through Douyin, offering lifestyle services similar to super-apps like Meituan and Ten...
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0
BioNTech to build mRNA vaccine manufacturing site in Singapore
alphanewsstream
2021-05-10 07:00
BioNTech to build mRNA vaccine manufacturing site in Singapore
BioNTech plans to open the Singapore office in 2021 and expects the manufacturing site to be operational by 2023, creating up to 80 jobs in Singapore...

https://www.hindustantimes.com/business/biontech-to-build-mrna-vaccine-manufacturing-site-in-singapore-101620628799521.html

#hindustantimes
BioNTech to build mRNA vaccine manufacturing site in Singapore
BioNTech plans to open the Singapore office in 2021 and expects the manufacturing site to be operational by 2023, creating up to 80 jobs in Singapore...

https://www.hindustantimes.com/business/biontech...
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