Sunday, October 31, 2021
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Thursday, October 28, 2021
Apple has doubled its India business: CEO Tim Cook | Economic Times
October 28, 2021
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Kolkata: Apple Inc. chief executive officer Tim Cook said the iPhone maker has doubled its business in India in the last year and the company is optimistic about the future due to strong demand for its products.“During fiscal 2021, we earned nearly one-third of our revenue from emerging markets and doubled our business in India and Vietnam. We are optimistic...
Industry looks to UN talks for cleaner shipping | Economic Times
October 28, 2021
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LONDON: World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to make shipping decarbonise by 2050, a senior industry official involved in the meeting said.Shipping, which transports about 90% of world trade, accounts for nearly 3% of the world's CO2 emissions.U.N. shipping agency the International Maritime Organization...
Rajinikanth admitted to hospital in Chennai | Economic Times
October 28, 2021
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CHENNAI: Superstar Rajinikanth is undergoing routine medical examination at a hospital here, sources close to the top star said on Thursday. "It is a health check-up done routinely on a periodical basis. He is now in a private hospital for the check-up," the actor's publicist Riaz K Ahmed told PTI. The 70-year old actor was in Delhi days ago to receive the prestigious...
Forgot to verify ITR? Here is what you can do | Economic Times
October 28, 2021
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Verification is the last step of filing income tax return (ITR). As per income tax laws, the ITR must be verified within 120 days from the date of filing ITR. There are six ways of verifying ITR; five of these can be done electronically and the sixth route is by sending a physical copy to Centralized Processing Centre (CPC), Bengaluru.What will happen if you...
Get out of a wrong insurance plan using freelook | Economic Times
October 28, 2021
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After purchasing a life insurance policy what if you realise that it is not the right cover for your needs? If you end up with the wrong insurance policy, then you can utilise the free-look period offered on life insurance policies to cancel your policy and get the refund. Here is the process of how to cancel an insurance policy during the free-look period and...
Was worried for SRK, was just having coffee: Ex A-G | Economic Times
October 28, 2021
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Bollywood actor Shah Rukh Khan greeted the news of bail for his son, Aryan, with tears in his eyes. These were 'tears of joy' as his son finally gets to return home from jail after 25 days in custody since his arrest in drugs-on-cruise case. The Bombay High Court on Thursday granted bail to Aryan, Arbaaz Merchant and Munmun Dhamecha after they were arrested...
How to protect profits in high beta midcaps | Economic Times
October 28, 2021
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It is a complete blue sky scenario for the banking sector. They are over and done with all the credit cost due to the pandemic and the IL&FS crisis and now with the economy opening up, this festival season will be the best ever for the country and create a huge demand for credit, says Dipan Mehta, Director, Elixir Equities. It was an excellent Dusshera but...
Value in mkt if Nifty falls to 16,500 : Sabharwal | Economic Times
October 28, 2021
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"If markets do not correct as much, they settle down but we find some stocks which are available at reasonable valuation, then we can look to allocate to that but right now I think we need to wait it out," says Sandip Sabharwal, analyst, asksandipsabharwal.com. What stood out to you in this week that has gone by in terms of the big earnings that have been reported?There...
Sebi issues guidelines for AMC employees | Economic Times
October 28, 2021
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Mumbai: The Securities and Exchange Board of India (Sebi) has barred senior employees and directors of asset management companies and their trustees from buying or selling mutual fund units while having access to any non-public information, such as winding up of schemes.The move comes in the wake of the Franklin Templeton episode where Sebi observed some senior...
USCIS says mkt research analyst a speciality job | Economic Times
October 28, 2021
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In a major victory for H-1B employers, a federal court has approved a settlement under which the US Citizenship and Immigration Services has agreed to qualify market research analyst as a speciality occupation for the purposes of determining H-1B visa application of a foreign professional. Based on its prior interpretation of the Occupational Outlook Handbook...
China’s aggression faces strong global pushback | Economic Times
October 28, 2021
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Tensions in the South China Sea (SCS) region is worsening following China’s continued military aggression but this has led to a pushback from the USA and other global powers. India, Australia and besides key European powers are also concerned over the impact of China’s aggressive policies on the use of the South China Sea as a major global gateway for trade....
FB rebrands to shed toxic past, build metaverse | Economic Times
October 28, 2021
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Facebook rose to prominence over the past two decades with some of the world’s most recognisable branding: a big blue-and-white letter F.No longer. On Thursday, the social networking giant took an unmistakable step toward an overhaul, de-emphasising Facebook’s name and rebranding itself as Meta. The change was accompanied by a new corporate logo designed like...
Suhana posts msg, SRK teary-eyed after Aryan's bail | Economic Times
October 28, 2021
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Superstar Shah Rukh Khan's son Aryan was granted bail by Bombay High Court on Thursday after spending 25 days in custody in the drugs-on-cruise case.As much of Bollywood celebrated the news on social media, the 23-year-old's younger sister Suhana Khan - who is currently in the US - too posted a picture with her father and brother.Suhana took to Instagram to...
Solar tents to be deployed at India-China border | Economic Times
October 28, 2021
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With border tension between India and China intensifying, the Union government has approved all-weather, high-altitude solar power tents that can be deployed at an altitude of above 17,000 ft and can function between minus 35 degree to 40 degree plus temperature, ET has learnt. The guidelines approved with suggestions from the Indo-Tibetan Border Police (ITBP)...
US returns 248 antiquities worth $15 mn to India | Economic Times
October 28, 2021
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The US on Thursday returned 248 antiquities, including a 12th century bronze Shiva Nataraja, valued at an estimated USD 15 million to India, the “largest” such transfer of antiquities to the country.“This extraordinary assemblage of artifacts, recovered from five different criminal investigations over the past decade, embodies the timeless cultural and cosmic...
Police start removing barricades at Tikri border | Economic Times
October 28, 2021
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The Delhi Police on Thursday night started removing roadblocks placed at the Tikri border point where farmers have been protesting against the Centre's three farm laws, with sources indicating that one carriageway of the road will open in the coming days.The move comes days after a Supreme Court hearing that saw farmer unions arguing that the police were responsible...
Travel cos expect more nations to accept Covaxin | Economic Times
October 28, 2021
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Travel service providers expect more countries to ease travel requirements for Indians vaccinated with Covaxin even as the World Health Organization (WHO) this week sought additional clarifications from Bharat Biotech before granting emergency use licence (EUL) for its Covid vaccine.Oman added Covaxin to the approved list of Covid-19 vaccines for travel on Wednesday,...
Paytm founder to fund stake hike in insurance biz | Economic Times
October 28, 2021
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Bengaluru | Mumbai: Paytm founder Vijay Shekhar Sharma is increasing his shareholding in his company’s insurance venture, where Zurich-based Swiss Re is picking up a 23% stake.Sharma and two of his holding companies — VSS Holdco and VSS Networks — together will own close to 66% in Paytm Insuretech, according to Paytm’s red herring prospectus and people briefed...
Banks will be closed on these days for Diwali | Economic Times
October 28, 2021
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Diwali falls in the month of November due to which banks across the country will be closed. In fact, in some states banks will be closed for two consecutive days, and in some for three days. So, to make sure that your banking matters are not disrupted do make sure you know when the banks in your state will be shut. Other than Diwali, banks in many states will...
Maharashtra HM Walse Patil tests Covid positive | Economic Times
October 28, 2021
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Maharashtra Home Minister Dilip Walse Patil has tested positive for coronavirus for the second time in a year.He had taken both the doses of vaccine against COVID-19.Walse Patil in a Twitter post on Thursday said after experiencing mild symptoms, he decided to get tested for COVID-19."I have tested positive. My condition is stable and I am following my doctor's...
IRCTC zooms 15% as stock trades ex-split | Economic Times
October 28, 2021
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New Delhi: Shares of IRCTC soared as much as 15 per cent during the early trade on Thursday following the division of shares on the bourses.The railway ticketing monopoly traded ex-split on Thursday. The company board of Indian Railway Catering and Tourism Corporation (IRCTC) had approved a stock split in the ratio of 1:5.Following the development, shares of...
Wednesday, October 27, 2021
AAP to launch UP poll campaign in November | Economic Times
October 27, 2021
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The Aam Aadmi Party (AAP) will launch its election campaign for the 2022 Uttar Pradesh Assembly elections with a mega rally in Lucknow in November-end.The rally will be addressed by the party's national convenor and Delhi Chief Minister Arvind Kejriwal.AAP leaders are in a buoyant mood over the response they have received during their recent 'bijli yatras',...
Active cases in India lowest in 243 days | Economic Times
October 27, 2021
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With 16,156 people testing positive for coronavirus infection in a day, India's total tally of COVID-19 cases rose to 3,42,31,809, while the active cases declined to 1,60,989, the lowest in 243 days, according to the Union Health Ministry data updated on Thursday. The death toll climbed to 4,56,386 with 733 fresh fatalities, according to the data updated at...
NCB to oppose Aryan's bail plea in HC today | Economic Times
October 27, 2021
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The Bombay HC will resume hearing the bail plea of Aryan Khan, son of Bollywood star Shah Rukh Khan, and others on Thursday after the court adjourned the matter yesterday. The Narcotics Control Bureau (NCB) will respond to arguments made by former Attorney General Mukul Rohatgi and senior advocate Amit Desai who are appearing fro Aryan in the HC.The 23-year-old...
Pranav Haldea on how to navigate new round of IPOs | Economic Times
October 27, 2021
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In the last 12 to 15 months, we have seen over Rs 1 lakh crore being raised through the primary market while at the same time the secondary market is at an all time high. So the argument that large issues suck out the liquidity from the secondary market is a dummy, says Pranav Haldea, MD, Prime Database. It has just been crazy as far as IPOs are concerned. What...
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