China central bank says it will make policy more flexible and targeted
Posted on Thursday August 06, 2020

The People's Bank of China (PBOC) said it would maintain a reasonable rise in money supply and total social financing, and ensure banks had the credit supply to match firms' demand for loans to support economic recovery.


Exchange's subsidiary can administer, supervise registered investment advisers: Sebi
Posted on Thursday August 06, 2020

Besides, the regulator put in place the criteria for grant of recognition to a stock exchange's subsidiary and its responsibilities.


Novartis India Q1 results: Net profit jumps over 5-fold to Rs 4.39 cr
Posted on Thursday August 06, 2020

Revenue from operations stood at Rs 92.46 crore in the quarter under consideration as against Rs 109.31 crore in the same quarter a year ago


Torrent Power Q1 results: Profit up 35% at Rs 374 cr
Posted on Thursday August 06, 2020

Total income was Rs 3,041.72 crore in the quarter as compared to Rs 3,790.61 crore in the same period a year ago.


GOCL to acquire APDL Estate for Rs 62 crore
Posted on Thursday August 06, 2020

APDL Estate Ltd is in the business of the development of commercial spaces and other real estate projects.


Timex Group India Q1 results: Loss widens to Rs 12 cr
Posted on Thursday August 06, 2020

Revenue from operations during the quarter under review stood at Rs 6.81 crore. It was at Rs 61.78 crore in the year-ago period.


JK Tyre Q1 results: Reports net loss of Rs 204 cr as Covid-19 hits sales
Posted on Thursday August 06, 2020

Net sales declined to Rs 1,138.14 crore in the first quarter as compared with Rs 2,581.47 crore in the year-ago period, JK Tyre said in a statement.


MCFL Q1 results: Posts net profit of Rs 11 crore
Posted on Thursday August 06, 2020

Net income declined to Rs 535.34 crore in the April-June quarter from Rs 746.10 crore in the year-ago period.


HCL Infosystems Q1 results: Loss narrows to Rs 37 cr
Posted on Thursday August 06, 2020

Consolidated revenue from operations decreased to Rs 105.69 crore in the quarter under review from Rs 576.96 crore in the year-ago period


Dalmia Bharat Q1 results: Net profit up 24% to Rs 188 cr
Posted on Thursday August 06, 2020

Revenue from operations declined 22.19 per cent to Rs 1,974 crore during the quarter under review as against Rs 2,537 crore in the corresponding quarter of the previous fiscal.



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GM's push to compete with Tesla begins with Cadillac Lyriq crossover debut Thursday
Posted on Thursday August 06, 2020

The vehicle is the most pivotal new product for the quintessential American luxury brand since the debut of the Escalade SUV in 1998.


'Mulan' went to Disney+ out of necessity; don't expect $30 blockbuster releases to become the norm
Posted on Thursday August 06, 2020

The unexpected move to bring "Mulan" to on-demand was done out of necessity, but analysts don't predict $30 releases will become the norm for Disney+.


World Health Organization asks the U.S. to reconsider withdrawing from international group
Posted on Thursday August 06, 2020

Officials from the U.S. are still collaborating with the organization in its response to the pandemic and have been "participating actively," WHO's top official said.


Papa John's CEO says it has won new customers during the pandemic and will hire more workers to meet demand
Posted on Thursday August 06, 2020

Papa John's CEO said customers are ordering more food and sides throughout the day and at dinner, and new customers are "stickier" with a high level of repeat business.


House Democrats slam Trump coronavirus response as 'wrong' and 'dangerous'
Posted on Thursday August 06, 2020

House Democrats released a scathing report Thursday titled "A Failure to Lead: The Trump administration's Disastrous Response to the Coronaviurs Pandemic."


Atlantic hurricane season on pace to be one of the worst in recorded history
Posted on Thursday August 06, 2020

Forecasters have predicted an active hurricane season because of warmer ocean temperatures driven by climate change, but the 2020 season is on pace to becoming one of the worst on record.


Coronavirus live updates: Lawmakers believe relief bill can get done; college students face new campus reality
Posted on Thursday August 06, 2020

The coronavirus has infected more than 18.89 million people around the world as of Thursday, killing at least 710,136 people.


Gilead says it will be able to make enough remdesivir to meet global coronavirus demand in October
Posted on Thursday August 06, 2020

Gilead said it plans to produce more than 2 million treatment courses of the drug by the end of the year and anticipates being able to produce "several million more" in 2021.


WHO says the late-stage coronavirus trials don't mean a vaccine is 'nearly there'
Posted on Thursday August 06, 2020

"Phase three doesn't mean nearly there," Mike Ryan, executive director of the WHO's health emergencies program, said.


Manhattan apartment deals plunge 57%, suburban real estate surges
Posted on Thursday August 06, 2020

Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer.


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