Business Diary

A day after the alleged Trinamool Congress-backed attack on Bharatiya Janata Party (BJP) national president JP Nadda’s convoy in Diamond Harbour, West Bengal Governor Jagdeep Dhankhar on Friday sent a detailed report to the Centre about Thursday’s incident. Sources said that the Ministry of Home Affairs (MHA) has received the report and sought …

West Bengal Guv dubs attack on Nadda’s convoy a slur on democratic fabric Read More »

India’s first indigenous mRNA vaccine candidate has received approval from the Drug Controller General of India to initiate Phase I/II human clinical trial, the Ministry of Earth Sciences said on Friday. The novel mRNA vaccine candidate, HGCO19 has been developed by Gennova, a company based in Pune and supported with seed …

India’s first mRNA vaccine for Covid-19 heads for human trials Read More »

Circulation of newspaper PDFs by third party applications and social media groups is illegal, said Indian Newspaper Society (INS). According to the industry body of newspaper media outlets in the country, the practice that has gained steam since the lockdown in early-2020, is in total violation of intellectual property rights and apart from …

Circulating newspaper PDFs illegal via social media, hurts journalism: INS Read More »

While 2020 will be remembered as one of the darkest years of the 21st century owing to an uncontrolled virus-borne pandemic, extreme climatic events have made their presence felt as well. Severe floods, repeated cyclones, and extreme droughts dominated the year, hinting at major climatic shifts in and around the Indian subcontinent. …

Weak climate resilience leaves 75% Indian districts prone to extreme events Read More »

Sanofi and GlaxoSmithKline said clinical trials of their COVID-19 vaccine showed an insufficient immune response in older people, delaying its launch to late next year and marking a setback in the global fight against the pandemic. The announcement on Friday, which highlighted the challenges of developing shots at record speed, hinders …

Sanofi-GSK delay Covid-19 vaccine to late 2021 in setback to global fight Read More »

Shares of IRCON International, PNC Infratech, and Gayatri Projects gained up to 9 per cent on the BSE in intra-day trade on Friday after these companies announced winning orders. IRCON International was up 9 per cent at Rs 96.05 after the company said it has been awarded the work of upgradation …

Ircon International, PNC Infratech advance up to 9% on order wins Read More »

Dixon Technologies’ shares hit a fresh 52-week high of Rs 12,538.7 on the BSE, up 3.5 per cent, in the intra-day deals on Friday. At 12:27 pm, the stock was ruling 3 per cent higher at Rs 12,489 on the BSE, as against a 275-point or 0.6 per cent rally in the S&P …

Dixon Technologies’ stock has surged 37% in 2 mths; will the rally sustain? Read More »

Shares of state-owned oil & gas companies rallied up to 10 per cent on the BSE in the intra-day trade on Friday as crude oil prices extended their northward journey. On Thursday, Brent crude price crossed $50 per barrel-mark for the first time since March on demand recovery and hopes of Covid-19 vaccine. …

Oil & Gas shares in focus; ONGC, Oil India, Gail rally up to 10% Read More »

Steadily rising inflation and the recent spurt in crude oil prices are a new worry for India’s fiscal health and financial markets, say analysts. Although at current levels, international oil prices are unlikely to pose a major challenge to India’s macro stability, the country would have to manage the inflation / fiscal deficit …

Rising inflation, crude oil are a new worry for financial markets: Analysts Read More »

Shares of Larsen & Toubro (L&T) were trading higher for the seventh straight session on Friday, up 2 per cent at Rs 1,217 on the BSE, amid expectation that awarding momentum may pick up going forward. Stock of the construction & engineering major was trading at its highest level since February …

L&T trades higher for seventh straight day; stock hits over 9-month high Read More »