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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Kotak Special Situations Fund will pay lenders to take a majority stake in stressed HKR Roadways Ltd, a person with knowledge of the matter said...

https://www.hindustantimes.com/business/kotak-special-fund-readies-for-700-cr-deal-101620346240759.html

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At the interbank forex market, the local unit opened at 73.62 against the US dollar, then inched higher to 73.60, reflecting a rise of 18 paise over its last close...

https://www.hindustantimes.com/business/rupee-rises-18-paise-to-73-60-against-us-dollar-in-early-trade-101620365451210.html

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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

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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

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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

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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

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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

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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

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Sales of electronic products such as smartphones and laptops, and consumer durables such as air conditioners and coolers will take a hit, according to industry experts...

https://www.hindustantimes.com/business/indian-smartphone-market-grew-18-in-q1-revival-to-take-longer-101620767916277.html

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Markets open in red: Sensex at 48,886, Nifty at 14,778 in opening trade...

https://www.hindustantimes.com/business/markets-open-in-red-sensex-at-48-886-nifty-at-14-778-in-opening-trade-101620790733363.html

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India has been severely affected by the unprecedented second wave of the coronavirus and hospitals in several states are reeling under the shortage of health workers, vaccines, oxygen, drugs and beds...

https://www.hindustantimes.com/business/twitter-donates-usd-15-mn-for-covid-19-relief-in-india-101620694540463.html

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rrInternational prices of raw materials for some key crop nutrients such as di-ammonium phosphate (DAP) and 22 grades of P&K fertilisers have increased sharply.rr...

https://www.hindustantimes.com/business/govt-reviewing-fertiliser-subsidy-may-decide-to-hike-it-101621199592150.html

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rrThe government is yet to receive any formal notice from Cairn Energy regarding attachment of substantial Indian assets reportedly identified by the company, the person said, requesting anonymity.rr...

https://www.hindustantimes.com/business/india-to-defend-assets-in-cairn-tax-dispute-101621199152273.html

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