Archive for August, 2015
08/25/2015
The index of industrial production (IIP) grew 3.2% in October, compared with 3.3% in September and 12% in August, as a purported rise in demand in the build-up to Diwali was blunted by supply bottlenecks in key sectors, including automobiles. Of course, a relatively unfavourable base (IIP had risen 4.5% in October 2020) also weighed
08/25/2015
By Gokul Krishnamoorthy Lenovo | We Every year, this (corporate ads) is a category where one struggles to find category-elevating work. By going beyond product, this work helps Lenovo find a voice of its own and occupy a differentiated positioning within an increasingly cluttered consumer electronics market. This could only have worked as a series
08/25/2015
India Ratings and Research (Ind-Ra) on Wednesday said its rated securitisation transactions have seen a continuous improvement in their average current collection efficiency to 80 per cent in August 2021 from 79 per cent in July 2021. There has been a 10 percentage point increase in the collection efficiency since May 2021 for all the
08/25/2015
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices failed to continue their upward march on Tuesday, as Sensex and Nifty closed in the red. SP BSE Sensex ended 109 points lower at 60,029 while NSE Nifty 50 dropped 40 points to end at 17,888. Broader markets outperformed the benchmarks with
08/25/2015
Bloomberg: Skillz Inc. shares jumped in its trading debut as investors embraced a business billing itself as the first publicly traded mobile esports company. The stock climbed 29% to $22.73 on Thursday following a deal with a special-purpose acquisition company, or SPAC, that allowed it to go public. Skillz lets 2.7 million players a month
08/25/2015
Reuters: U.S. stock indexes closed lower on Friday to cap Wall Street The pandemic pushed U.S. hospitals to the brink of capacity as coronavirus cases surpassed 9 million, while the prospect of wider COVID-19 restrictions in Europe raised concerns about the economic recovery. The CBOE volatility index closed just below a 20-week high, a sign
08/25/2015
Keralas coastal Alappuzha district was rocked by back-to-back killings of two party leaders, the first belonging to the Social Democratic Party of India, the political arm of Popular Front of India, Police said BJP OBC Morcha state secretary advocate Ranjith Sreenivas was attacked in Alappuzha city early morning at his house. A gang stormed into
08/25/2015
A greater payment security mechanism for power generation companies to ensure timely payouts for supply of electricity will be in focus in 2022 as stricter rules are on the anvil for 24×7 power supply amid discoms outstanding dues at a whopping Rs 1.56 lakh crore. Mounting outstanding dues of distribution companies (discoms) to electricity generation
08/25/2015
Cardiac stent maker Sahajanand Medical Technologies, which has been expanding its presence through buyouts, will continue to explore strategic partnerships and acquisition opportunities to fast-track entry into advanced high growth products, its top official said on Sunday. The company purchased medical devices firm Vascular Concepts in 2020 following the acquisitions of Brazilian firm Zarek Distribuidora
08/18/2015
The surge in companies reporting frauds amid an uptick in retail investors interest in equities is a dangerous trend and efforts need to be mounted to curtail them, Sebis whole-time member SK Mohanty said on Thursday. Citing findings of a recent survey, Mohanty said 65 per cent of the companies have reported incidences of fraud
