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News Shots Joe Biden unveils plan to pump US $1.9 trillion into pandemic-hit economy, in a major move. Even after such positive news, global markets are down. The government’s sale of its 5% shareholding in India’s largest steelmaker SAIL was oversubscribed 3.6 times on the first day of its opening yesterday. Happy with the response, […]
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News Shots Tata Elxsi net profit has increased 39.5% YoY to Rs 105.2 crore for the December 2020 quarter. Tech Mahindra to acquire Payments Technology Services Ltd (PTSL), a step-down subsidiary of fintech firm FIS, for $9 million (about Rs 66 crore). State-owned power producer SJVN has approved a proposal to raise up to Rs […]
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News Shots Tata Motors has denied the reports which claimed that they are partnering with Tesla to drive operations in India. Jaguar Land Rover reported a second successive quarter-on-quarter recovery in retail sales in 2020. The retail sales rose 13.1% to 1.28 lakh units from 1.13 lakh units in the preceding quarter but declined 9% […]
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News Shots Reliance Retail Limited, a subsidiary of Reliance Industries Limited, has signed a deal with farmers from Sindhanur taluk in Karnataka’s Raichur district for the purchase of 1,000 quintals of Sona Masoori rice, at a price higher than the MSP (Minimum Support Price). Avenue Supermarts Ltd, the listed company which owns and operates retail […]
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News Shots Finally, United States President Donald Trump conceded election defeat yesterday and promised orderly transition on January 20, when President-elect Joe Biden will be sworn-in as the 46th US President. TCS will announce Q3 results today. Net profit without considering one-off legal expenses in the previous quarter may show weakness in the third quarter […]
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News Shots The Georgia run-off elections results are out! Democrats have won control of the U.S. Senate for the first time in six years — a stunning result in a state that hadn’t sent a new Democratic senator to Washington for two decades! With the Senate and White House in hand, the Democrats will be […]
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News Shots Even though vaccines are  being given in the UK, the new COVID strain is being spread exponentially. Prime Minister Boris Johnson has imposed a new stay-at-home lockdown until at least mid-February. He confirmed a complete shutdown of schools and businesses, similar to the very first nationwide lockdown back in March 2020. HDFC reported […]
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News Shots In very important news, two Covid-19 vaccines have been approved in India. The Serum Institute of India(SII)’s Covishield and Bharat Biotech’s Covaxin have been given the green signal by the Drugs Controller General of India on Sunday. Vaccination will be launched very soon in states who have completed the dry-run test. This will […]
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News Shots Welcoming you at a Healthy, Wealthy and Happy New Year!  The Subject Expert Committee is meeting today to study, discuss and approve Astrazeneca’s and Bharat Biotech’s COVID vaccines. Let’s hope to hear a positive approval news today itself. Ford have pulled out of the proposed joint venture with Mahindra and Mahindra. The deal […]
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News Shots AstraZeneca’s COVID vaccine was approved in the UK. The Indian approval was expected yesterday itself but the Expert panel decided to meet again on January 1 to review more data. The beauty of this vaccine is that it can be stored in normal refrigeration temperatures, while Moderna and Pficer vaccines required -20 and […]