Business
Chemcon Speciality Chemicals Sets IPO Price Band at Rs 338-340 a Share; Issue to Open on September 21
Chemcon Speciality Chemicals Ltd intends to utilise the net proceeds from the fresh issue to meet capital expenditure for the expansion of its manufacturing facility, fund working capital requirements and general corporate purposes.
90-minute British DnaNudge COVID-19 Test Is Accurate, Lancet Study Finds
A British COVID19 test known as DnaNudge that gives results in just over an hour and which requires no laboratory was accurate in almost all cases, an academic review in the Lancet has found.
Ericsson To Acquire Cradlepoint In $1.1 Billion Deal
Telecoms gear maker Ericsson said on Friday it would acquire Cradlepoint, a provider of wireless WAN solutions, in a deal worth $1.1 billion on an enterprisevalue basis.
Oil Rises 2%, Reverses Loses As OPEC+ Addresses Market Weakness
Oil prices rose more than 2% on Thursday, turning positive as OPEC and its allies said the producer group would crack down on countries that failed to comply with output cuts and planned to hold an extraordinary meeting in October if oil markets weaken fu...
Tech Sell-off Weighs On Wall Street As Jobless Claims Rise
Wall Street's main indexes fell on Thursday after data showed high levels of weekly jobless claims, while technologyrelated stocks resumed their slide with Apple Inc and Amazon.com Inc among the biggest drags on the Nasdaq.
Walmart Foundation Announces Two New Grants to Help India's Smallholder Farmers
Delhi-based PRADAN will receive USD 1.9 million to launch its Livelihood Enhancement through Market Access and Women Empowerment (LEAP) program in West Bengal, Odisha and Jharkhand in eastern India.
BOJ Holds Fire, Sees Economic Gloom Lifting Slightly
The Bank of Japan kept monetary policy steady on Thursday and slightly upgraded it view on the economy, suggesting that no immediate expansion of stimulus was needed to combat the coronavirus pandemic.
UK Watchdog Warns Banks Over Treatment Of Customers In Debt
Britain's Financial Conduct Authority told banks and other lenders on Wednesday not to crack down on customers who will struggle after repayment holidays come to an end.
Total Tax Collection Falls 22.5% till September 15, Says Source
During the same period ended September 15, 2019, total tax collection stood at Rs 3,27,320.2 crore, the income tax department source from Mumbai zone said.
Celebs Join Instagram 'Freeze' To Protest Facebook Inaction
Kim Kardashian West, Katy Perry and Leonardo DiCaprio are among celebrities taking part in a 24hour Instagram freeze on Wednesday to protest against what they say is parent company Facebook's failure to tackle violent and hateful content and election misi...
Hitachi Says It Will Quit Stalled British Nuclear Power Project
Japanese conglomerate Hitachi Ltd said on Wednesday it would exit a stalled British nuclear power project, a decision that deals a blow to Britain's plans to replace ageing plants.
Sensex, Nifty Flat Amid China Tensions; Virus Cases Cross 5 Million
Indian shares opened flat on Wednesday amid signs of a protracted standoff with China on the countries' disputed border and the country's coronavirus tally crossing the 5million mark.
U.S. Dollar Softness To Continue; Euro, Yen Best Placed - PIMCO
The U.S. dollar is likely to continue weakening against developed market currencies after the U.S. Federal Reserve's shift to a new monetary policy strategy, a portfolio manager at bond giant PIMCO said on Tuesday. Erin Browne, managing director and po...
Global Markets: Asian Stocks Cheer Upbeat Data But Temper Appetite Ahead Of Fed
Most Asian shares rose on Wednesday, extending a rally driven by upbeat Chinese and U.S. economic data, but the dollar, U.S. yields and gold held steady as investors awaited the Federal Reserve's view on the economy at its policy meeting.
Total Unit Signs Deal With Singapore LNG Corp For Solar Energy System
A subsidiary of France's Total and Singapore LNG Corp (SLNG) have signed a deal for a rooftop solar power system at the Singapore liquefied natural gas (LNG) terminal, the companies said on Wednesday.
S&P 500 Ends Higher On Growing Hopes Fed Will Stay Accommodative
The S&P 500 ended up slightly on Tuesday as investors hoped the Federal Reserve would stick with its supportive policy stance as the central bank's twoday meeting got under way.
