Lakshmi Vilas Bank writes down tier 2 bonds worth Rs 320 crore
Posted on Thursday November 26, 2020

The development took place Thursday, a day before LBV's amalgamation with DBS Bank India, even as promoters and shareholders of the old generation lender moved Bombay High against the decision of extinguishing their equity investment.


CM Jain Impex & Investments sells RIL shares worth over Rs 19 cr
Posted on Thursday November 26, 2020

Shares of Reliance Industries on Thursday closed 0.31 per cent higher at Rs 1,953.80 on the BSE.


BSE-NSE bulk deals: Smallcap World Fund buys 23.65 lakh shares of Tube Investments
Posted on Thursday November 26, 2020

Smallcap World Fund Inc bought 23.65 lakh shares of Tube Investments of India at Rs 841 per share in a bulk deal on Thursday. On the other hand, HDFC MF- HDFC Small Cap Fund sold 23.50 lakh shares of the company at the same price.


Ahead of Market: 12 things that will decide stock action on Friday
Posted on Thursday November 26, 2020

Shrikant Chouhan, Executive Vice President (Equity Technical Research), Kotak Securities said, “On the downside, 13,000 and 12,930 would be support points.


Google India FY20 revenue rises 35% to Rs 5,593.8 cr, profit up 24%
Posted on Thursday November 26, 2020

Google India's total income was at Rs 4,147 crore in the financial year ended March 31, 2019, according to Registrar of Companies filing shared by market intelligence firm Tofler.


Gold rises on soft dollar, stimulus bets as virus risks grow
Posted on Thursday November 26, 2020

The dollar index held close to near three-month lows, raising gold's appeal for other currency holders. Meanwhile, an extension of coronavirus restrictions in Germany and a weak growth forecast for Britain kept European shares flat.


World shares hold close to record highs; US markets close for Thanksgiving
Posted on Thursday November 26, 2020

World equities are having their best month on record in November, boosted by a slew of positive vaccine announcements and hopes that Biden's administration will deliver more economic stimulus and political stability.


Oil rally stalls on signs of more supply, demand doubts
Posted on Thursday November 26, 2020

Brent futures had risen to nearly $50 a barrel this week after three major pharmaceutical companies announced progress on vaccines that could start to be rolled out before the end of the year.


Day Trading Guide for Friday
Posted on Thursday November 26, 2020

Technically, for the next two days, 13,070 and 13,150 levels would be major hurdles for the index. If the Nifty50 index crosses 13,150, it could jump to 13,350 levels. However, below 12,930, the index would invite worries in the near term.


Mahindra First Choice Services to become a subsidiary of TVS Automobile Solutions
Posted on Thursday November 26, 2020

MFCSL is a pan-India chain of multi-brand car and two-wheeler service workshops that also has a presence in the private label spare parts segment for leading brands.



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Thanksgiving is usually a $250 million box office haul. This weekend it will be hard to reach $20 million
Posted on Wednesday November 25, 2020

The Thanksgiving box office is set to see its worst haul in decades due to the coronavirus pandemic.


Cornish hens and restaurant meals: What Thanksgiving looks like in a pandemic
Posted on Wednesday November 25, 2020

The coronavirus pandemic means consumers will be celebrating Thanksgiving differently this year.


Nissan is trying to bounce back from turmoil and losses
Posted on Wednesday November 25, 2020

Nissan was once regarded as one of the automotive world’s great comeback stories. But now it is embroiled in turmoil and struggling once again.


Jewelry sales staging a holiday comeback as shoppers look to add sparkle to challenging year
Posted on Wednesday November 25, 2020

Jewelers will try to drive holiday sales by encouraging purchases as a romantic gesture, a Zoom accessory or a way to brighten a very challenging year.


Covid cases are exploding across U.S. and Thanksgiving could be an 'accelerator event'
Posted on Thursday November 26, 2020

"I'm not scared for the day itself, but for what's going to happen, two, three and four weeks later," Dr. Megan Ranney, an emergency physician in Rhode Island, said.


JPMorgan 'skeptical' about GM producing Nikola badger pickup
Posted on Wednesday November 25, 2020

JPMorgan is "skeptical" about Nikola finalizing a deal with GM to produce an electric pickup called the Badger for the embattled vehicle start-up.


World's largest offshore wind farm seals financing deal worth $8 billion
Posted on Thursday November 26, 2020

First two phases of the development will be built simultaneously.


The athleisure market is heating up as consumers flock to 'comfort in uncomfortable times'
Posted on Thursday November 26, 2020

The athleisure market, fraught with competition, is expected to see sales in the U.S. total $105.1 billion in 2020.


Covid mutations do not appear to be helping the virus spread more rapidly, study says
Posted on Thursday November 26, 2020

It comes as drugmakers and research centers scramble to deliver a safe and effective vaccine to help bring an end to the coronavirus pandemic.


Deutsche Bank bullish about the 2021 economic recovery — but there are two key risks
Posted on Thursday November 26, 2020

Deutsche Bank upgraded its global growth outlook for 2021 but cautioned that two key risks could still spoil the economic recovery from the coronavirus crisis.


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