Business
Companies in India Likely to Give 7.3% Average Increment This Year, Says Report
The first phase of the 2021 Workforce and Increment Trends Survey by Deloitte Touche Tohmatsu India LLP (DTTILLP) also said the average increment this year will be higher than 4.4 per cent seen in 2020 but lower than 8.6 per cent given by companies in 201...
Palantir, CoStar Group Fall; AutoNation, BorgWarner Rise
Stocks that traded heavily or had substantial price changes Tuesday:
Govt's Impending Ban on Cryptocurrency Trading May be Linked to Aadhaar Scheme, Here's How
With the vast network already established, it is suggested that the government's move to ban and issuing a sovereign digital currency is to ensure there is no competition.
Petrol Price in Delhi Crosses Rs 89 mark; Check Fuel Prices in Other Cities Here
In Mumbai, the price of petrol has now become Rs 95.75 for one litre. There has been an increase of 29 paise in the price of petrol on February 16 in Mumbai. Diesel on the other hand costs Rs 86.72 per litre in Mumbai.
Bristol-Myers, Sanofi Ordered To Pay Hawaii $834 Million Over Plavix Warning Label
A judge in Hawaii on Monday ordered BristolMyers Squibb Co and Sanofi SA to pay more than $834 million to the state for failing to warn nonwhite patients properly of health risks from its blood thinner Plavix.
Brighter Demand Outlook Powers Platinum To Six-year High
Platinum prices climbed to their highest level in over six years on Monday, buoyed by expectations of a wider supplydemand deficit for the industrial metal as investors bet on a swift global economic rebound.
Oil Hits 13-month Highs As Market Re-balances
Oil prices soared on Monday to their highest in about 13 months as vaccine rollouts promised to revive demand and producers kept supply reined in.
RailTel Corporation to Open IPO on February 16: All You Need to Know About It
RailTel Corporation IPO will be the seventh public offering of the year 2021. The previous IPO's include Indian Railway Finance Corporation, Indigo Paints, Home First Finance Company, Stove Kraft, Brookfield India Real Estate Trust and Nureca Ltd.
Acitivist Investor Artisan Partners To Meet Danone Board Members Next Week
U.S. investment company Artisan Partners, which is putting pressure on France's Danone to shake up its management amid criticism over weak returns, will meet several of its board members next week, a source close to the matter said on Sunday.
Robinhood CEO Admits Communications Shortcomings, Ahead Of House Testimony
Robinhood, the trading app popular with young investors, could have better explained why it restricted the buying of heavily shorted stocks caught up in the social mediafueled trading frenzy around GameStop Corp, said the company's chief executive officer...
Vivendi Plans To Distribute 60% Of UMG Capital To Shareholders, List It By Year-end
Vivendi said on Saturday it planned to distribute 60% of Universal Music's capital to investors, subject to shareholder approval, and aimed to list its mostprized asset, home to singers such as Lady Gaga and Taylor Swift, by the end of the year.
Union Budget Sets Pace for Aatmanirbhar Bharat, Says Finance Minister in Lok Sabha
Replying to the debate on the Budget in Lok Sabha, the minister also said the challenges of pandemic did not deter the government from undertaking reforms for maintaining the long-term goals of the country.
Roaring Kitty To Testify On GameStop Alongside Hedge Fund Managers
The YouTube streamer known as Roaring Kitty, who helped drive a surge of interest in GameStop Corp, will testify before a House panel on Thursday alongside top hedge fund managers.
Gold Steadies As Dollar Pauses; Platinum Set For Over 10% Weekly Gain
Gold recovered earlier losses to steady on Friday as the dollar pulled back from session highs, while platinum was headed for its biggest weekly rise since March 2020 on expectations for a revival in auto sector demand.
Analysis: Pawz And UFOs - Thematic ETFs Boom, Drawing Punters And Concern
From cat food to cannabis, it's boom time for quirky ETFs offering the chance to punt on niche themes in fastgrowth sectors, but their huge gains are unnerving some who see them as another priceinflated asset that may threaten market stability.
Graphic: Tighter Oil Market Encourages Destocking, Contract Rollover
Optimism for a recovery in oil demand as COVID19 vaccines are rolled out while producers rein in supply has pushed the market structure for Brent and U.S. crude into the deepest backwardation since the start of the pandemic.