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market update arrow Airtel Q4 results: Net profit at Rs 759 crore; revenue rises 12% arrow SBI, HDFC Bank: Here is why bank stocks rallied up to 7% on Monday arrow SBI, HDFC Bank: Here is why bank stocks rallied up to 7% on Monday arrow Covid LIVE: 26 cases of bleeding, clotting after Covishield jab, says govt arrow Clotting cases after vaccination miniscule, but pose definitive risk: Govt arrow Here's what brokerages expect from Tata Motors' Q4FY21 results on Tuesday arrow Here's what brokerages expect from Tata Motors' Q4FY21 results on Tuesday arrow AT&T to create a streaming giant with Discovery by merging media assets arrow Sensex adds 848 pts, ends at 49,581 on broad-based buying; Nifty Bank up 4% arrow Analysts cautious on corporate earnings growth amid Covid-led lockdown arrow Analysts cautious on corporate earnings growth amid Covid-led lockdown arrow Federal Bank's Q4 net profit jumps 59% to Rs 478 crore, bad loans rise arrow Apollo, Dr Reddy's announce Covid vaccination programme with Sputnik V arrow Wholesale inflation soars to 10.49% in April on higher fuel prices arrow Global stocks steady, gold at three-month high on inflation concerns arrow WhatsApp privacy policy not conforming to Indian IT laws: Centre to HC arrow World Coronavirus Dispatch: Taiwan stocks see worst rout as curbs weigh arrow Cyclone Tauktae: Mumbai airport operations' closure extended up to 4 pm arrow DRDO's anti-Covid drug 2-DG will reduce oxygen dependency: Harsh Vardhan arrow Mamata Banerjee rushes to CBI office following detention of TMC leaders arrow Avita Liber V review: Peppy and thin-and-light laptop good for everyday use arrow SBI shares surge 5%, hit 8-week high on heavy volumes arrow KKR invests $95 mn in Lenskart, says will help eyewear firm's growth arrow Balkrishna Industries surges 9%, hits record high on robust Q4 results arrow Cipla dips 4% on lower than expected March quarter earnings
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Credit Suisse gives USD 1 mn in COVID aid
50 minutes ago/ The Economic Times

Credit Suisse has extended USD 1 million (Rs 7.5 crore) to two non-profits to procure emergency drugs and other medical equipment in major cities to support India's fight against COVID-19 that has killed nearly 2.75 lakh people and infected about 2.5 ...

Where can we see maximum risk in the market?
54 minutes ago/ The Economic Times

Vinit Sambre, Head-Equities, DSP Mutual Fund, says just three months back, it was suggested that growth will be pretty strong for India and most strategy notes were projecting India to have the highest growth. In a matter of one month, things changed ...

Panacea Biotec files suit against Sanofi for patent infringement
1 hours ago/ The Economic Times

Panacea Biotec on Monday said it has filed a suit before the Delhi High Court seeking to restrain Sanofi Healthcare India from marketing a fully liquid hexavalent vaccine. The national capital-based firm said a case has been filed in order to stop i ...

Apollo, DRL announce vaccination with Sputnik V
1 hours ago/ The Economic Times

Apollo Hospitals and Dr Reddy's Laboratories on Monday said they are collaborating to initiate a COVID-19 vaccination programme with Sputnik V. The first phase of the programme will kick off with vaccinations in Hyderabad on Monday and in Visakhapatn ...

India strengthens new bonds after China stumble
2 hours ago/ The Economic Times

Almost unnoticed in the ferocity of the current Covid surge battering us, India’s foreign policy pivoted westwards, embracing partners and relationships that, if taken at the flood, could have interesting implications for India’s future.A Quad leader ...

Urban India to support recovery curve: Gandhi
2 hours ago/ The Economic Times

If most of the lockdowns in the larger cities get over by May end, revenue growth for India Inc. could be close to 13% to 15%, says Hetal Gandhi, Associate Director, CRISIL Research. A lot has been spoken about what is happening to the second wave an ...

Sanofi-GSK reports success in Covid-19 vaccine
2 hours ago/ The Economic Times

Sanofi and GlaxoSmithKline's potential COVID-19 vaccine triggered strong immune responses in all adult age groups in preliminary trials after an earlier setback, boosting optimism the shot may join the fight against the pandemic this year. After two ...

Sanofi-GSK reports success in Covid vaccine
2 hours ago/ The Economic Times

Sanofi and GlaxoSmithKline's potential COVID-19 vaccine triggered strong immune responses in all adult age groups in preliminary trials after an earlier setback, boosting optimism the shot may join the fight against the pandemic this year. After two ...

After a 'Favulous' week, investors dump this smallcap drug maker
2 hours ago/ The Economic Times

NEW DELHI: Vivimed Labs, a Hyderabad-based drug maker with a market cap of Rs 260 crore, has had an interesting week.On May 10, it received government approval to manufacture Favipiravir, which lifted its share price up 27 per cent within just 4 sess ...

UP offers incentives for 'oxygen producers'
3 hours ago/ The Economic Times

After battling a grave oxygen crisis at the peak of the second wave, Uttar Pradesh has cleared an Oxygen Production Promotion Policy, 2021, to make the state self-dependent in the production of the gas beginning from the near term, as well as to crea ...

Moglix raises $120 million, joins unicorn club
3 hours ago/ The Economic Times

Business-to-business (B2B) commerce platform Moglix has raised $120 million in a new financing round led by Falcon Edge and Harvard Management Company at a valuation of $1 billion. This makes it the latest entrant to the much coveted unicorn club tak ...

India's virus cases lower but positive rate high
4 hours ago/ The Economic Times

India on Monday reported a further decline in new coronavirus cases though daily deaths remained above 4,000 and experts warned that the count was unreliable due to a lack of testing in rural areas, where the virus is spreading fast. For months now, ...

SBI shares surge 5%, hit 8-week high on heavy volumes
4 hours ago/ Business Standard

The bank's board of directors is scheduled to meet on Friday, May 21, 2021, to consider and approve approval of audited financial results for year ended 31st March, 2021 and dividend, if any

Wait for better price pts to enter midcaps: Sambre
4 hours ago/ The Economic Times

We are looking at a scenario closer to what we had looked at towards the end of 2017 when we had seen a frenzied rally taking place in small and midcaps, says Vinit Sambre, Head-Equities, DSP Mutual Fund. I am surprised that markets are holding on. ...

Cipla stock price down on Q4 disappointment
5 hours ago/ Livemint

Cipla's stock fell more than 3% in morning trades on Monday, as the drug manufacturer disappointed posting a weaker than expected Q4 performance, with a tepid 4% year-on-year growth on the domestic front

Jhunjhunwala’s big stock bet not in pink of health
5 hours ago/ The Economic Times

NEW DELHI: Pharma stocks are back in focus, as a second wave of Covid pandemic ravages India. Investors looking for safer bets and craving for returns in an uncertain market are taking shelter in these defensive bets.But money-making options appear t ...

2 ministers, TMC MLA taken to CBI office in Kol
5 hours ago/ The Economic Times

The CBI on Monday arrested three TMC leaders and a former party leader in connection with the Narada sting case, wherein politicians were purportedly caught taking money on camera, and will file a charge sheet against them and another accused, offici ...

Rs 5K black fungus injection being sold for Rs 70K
5 hours ago/ The Economic Times

Covid-19 patients diagnosed with black fungus (mucormycosis) are struggling to find a life-saving drug that has vanished from the market and is being illegally sold at a very high price. Vials of liposomal amphotericin is being sold at Rs 70,000 per ...

Lockdown impact: Truck rentals crash
6 hours ago/ The Economic Times

NEW DELHI: The slump in factory output due to lockdowns in states has resulted in decline in truck rentals on key trunk routes by 5-7 per cent in the past 15 days, according to the freight rate data released by Indian Foundation of Transport Research ...

Pine Labs raises $285 million in new funding round
6 hours ago/ The Economic Times

Bengaluru: Pine Labs, the digital payments and commerce solutions provider to merchants, said it has raised $285 million in new funding from public market crossover investors, including Marshall Wace, Baron Capital Group, Duro Capital, Moore Strategi ...

UK firms seek staff but foreign workers missing
6 hours ago/ The Economic Times

British businesses ramped up their search for new staff as pubs, restaurants and other hospitality and travel firms got ready for Monday's lifting of coronavirus restrictions in England, a survey showed. But an exodus of foreign workers is aggravatin ...

Human error, shaky grid spark chip supply concerns
6 hours ago/ The Economic Times

Human error and worst-case scenarios triggered a widespread power outage in Taiwan, rocking its reliability as a top supplier of computer chips as the industry grapples with a global shortage.A dual coal- and gas-fired power plant in the southern cit ...

3 midcap IT stocks Yogesh Mehta is betting on
7 hours ago/ The Economic Times

There are quite a few opportunities like KPIT Technologies, Birlasoft and Mastek in the midcap IT space, says Yogesh Mehta, Founder, Yield Maximisers, in this interview with ET Now. Edited excerpts: What is you reading of the market texture during th ...

Buzz: Corporate chiefs counsel Maha CM on Covid
7 hours ago/ The Economic Times

ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.Brains (We) TrustThe softspoken Maharashtra CM’s pandemic performance has been hailed by none other than the Prime Minister himself. But in case you spo ...

India calls for resumption of Israel-Palestine talks
7 hours ago/ The Economic Times

India on Sunday called for immediate resumption of dialogue between Israel and Palestinian authorities to reduce trust deficit between the two sides and reiterated strong support to the just Palestinian cause and its unwavering commitment to the two- ...

US schools should continue to use masks: CDC
7 hours ago/ The Economic Times

Schools in the United States should continue to use masks for the 2020-2021 academic year as all students will not be fully vaccinated, the U.S. Centers for Disease Control and Prevention (CDC) said on Saturday. The CDC in its latest guidance said al ...

Is India’s ready for the pay-per-view model?
8 hours ago/ The Economic Times

Salman Khan-starrer ‘Radhe’ though berated for listless content has offered a new ray of hope to Indian film industry with the partial success of a multiple platform experiment at a time when bollywood has suffered massive losses amid closure of cine ...

Commodity uptick, domestic focus guide MF stock picks
9 hours ago/ The Economic Times

Amidst the second wave of Covid-19 and high valuations, fund managers stuck to shares of companies that would benefit from the upcycle in commodities and also those more dependent on the domestic economy. ET takes a look at the companies that have ca ...

ET Wealth | Can investing in NPS make you rich?
9 hours ago/ The Economic Times

When his company introduced the NPS benefit in 2015, Anil Jajoo grabbed the tax advantage with both hands. Under Section 80CCD(2), up to 10% of the basic salary of an employee put in the NPS is tax free. “It was a terrific opportunity to stash away t ...

Factors helping Hero Motocorp beat the odds
9 hours ago/ The Economic Times

The second wave of covid and the subsequent lock down restrictions have hurt the auto industry, and the two-wheeler segment in particular. Lower middle class, the main target group for two-wheelers has been the worst-affected due to the pandemic and ...

UTI Midcap MF: Fund with a growth bias
9 hours ago/ The Economic Times

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. How the fund has performed 82655165 8265517 ...

6 steps to take while managing money for others
9 hours ago/ The Economic Times

How does one care for someone else’s money? How to draw the lines and safeguard the wealth? A dear friend has been left with the custody of his 19-year-old nephew after the tragic death of his sister and brother-in-law from covid. He enjoys a good re ...

"Trying to catch mkt cycles is hard to implement"
9 hours ago/ The Economic Times

Invest across market caps based on risk appetite, goals, Vetri Subramaniam, Group President & Head of Equity, UTI Mutual Fund, tells ET Wealth in this interview. He also believes that the consumer discretionary sector such as companies in retail, tra ...

Criteria, caution when investing in sector MFs
9 hours ago/ The Economic Times

Past performance of a mutual fund scheme is no indicator of its future performance. However, investors continue to chase historical returns, especially when it comes to sectoral or thematic funds. “Taking decisions based on historical returns is one ...

Air India final bidders may be named only by Sept
11 hours ago/ The Economic Times

The government's plan to announce the final bidders for Air India has been postponed to around September or October 2021 as its priority has shifted to deal with the Covid 19 pandemic. Top officials close to the development said this will also help T ...

Tata, Godrej making vaccine storage units
11 hours ago/ The Economic Times

Gearing up for Pfizer and Moderna vaccines that require ultra-low temperature storage, Indian companies such as Tata-owned Voltas and Godrej-owned Godrej Appliances are expanding their vaccination storage unit production and upgrading technology.Blue ...

Some cases of clots post Covishield found
12 hours ago/ The Economic Times

The government panel investigating serious adverse events arising from Covid vaccinations has found a "few cases" of blood clots following the administration of Covishield vaccines in India and is set to issue an advisory soon.While the advisory will ...

SMEs struggle to stay afloat in second wave
15 hours ago/ The Economic Times

Sitting at his office in Ludhiana’s Jammu Colony, DS Chawla, a plastic parts supplier to cycle majors like Avon, TI Cycles and Hero Ecotech, is combating lockdown-related issues daily. Stocks are piling up at his godowns, a labour shortage looms, and ...