Mumbai: Section 144 imposed in containment zones till July 15 to curb rising cases by ET NOW

Mumbai: Section 144 imposed in containment zones till July 15 to curb rising cases

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The number of coronavirus cases are going up everyday in our country. The rate of spread of the disease is increasing on an everyday basis and community spread at the current moment is dangerous. Section 144 has been imposed in the containment zones till July 15. “There is a likelihood of spread of the Covid-19 virus through gathering of persons in public or private places and there is grave danger to human life, health or safety. There are sufficient reasons for passing prohibitory orders under Section 144 of the Criminal Procedure Code (CrPC) to ensure that there is no danger to human life,” the order said. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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GST turns three today; Find out hits & misses by ET NOW

GST turns three today; Find out hits & misses

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The Goods and Services Tax came after the government decided that there has to be a uniform tax regime for everyone. The complex web of indirect taxes came to an end when GST was introduced. It was introduced as an unified tax regime which became the cornerstone of the Prime Minister Narendra Modi government. Today, we completed three years of GST. Here are few hits and misses. Hits: -Significant expansion in the tax base -1.23 crore active GST registrations -GST rate rationalisation -Items in 28% tax slab reduced to 37 versus 228 -Tax evasion measures taken Misses: -Lower than estimated GST collections -Fuel, electricity, alcohol out of GST ambit -IT network troubles, compliance issues -COVID-19 spanner in GST progress Watch to know more details. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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World Bank announces aid for MSMEs | Atmanirbhar Bharat | Junaid Ahmad to ET Now by ET NOW

World Bank announces aid for MSMEs | Atmanirbhar Bharat | Junaid Ahmad to ET Now

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The World Bank has announced a $750 million emergency response programme for COVID hit small and medium enterprises. On India Revival Mission in an exclusive conversation with ET Now, World Bank India chief Junaid Ahmad speaks on how the program will help our country to become Atmanirbhar Bharat by providing them liquidity and de-risking them to weather the COVID related shocks. “World Bank aid will be milestone based and will focus on women entrepreneurs, fintech development in MSMEs, access to markets and engagement with NBFCs,” said Junaid Ahmad, Country Director, World Bank. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Will surge in rural demand rescue the Indian economy? | Mayank Shah & Sunil Duggal to ET Now by ET NOW

Will surge in rural demand rescue the Indian economy? | Mayank Shah & Sunil Duggal to ET Now

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Mayank Shah, Parle Products & Sunil Duggal, Former CEO, Dabur talk to ET Now about the shift in the focus of the markets in India from urban to rural areas. The rise in the rural demand and surge in the growth has been deemed by many experts as the driver of the Indian economy from the recession. Find out what has caused this change in the rural market and how this change will go forward amid the monsoon season. The green impact has been deemed by many as exaggerated while others have placed their faith in it. The experts talk about the demand surge in the rural areas and the probable impact. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Gold prices hit an 8-year high today, rally from the COVID lows I PR Somansundaram to ET Now by ET NOW

Gold prices hit an 8-year high today, rally from the COVID lows I PR Somansundaram to ET Now

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PR Somansundaram, World Gold Council talks to ET Now about the prices of gold have hit their highest prices in the last 8 years today. The prices have rallied from the COVID downturn and hit the $1800 mark. He talks about the possibility of the prices going even higher up and how these can be forecasted by the market. PR Somansundaram talks about the demand for gold and what is pushing the prices of the metal upwards. He attributes this increase to low-interest rate and being a safe haven amid the COVID-19 virus fears. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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TTK Prestige to stop China imports from September | Atmanirbhar Bharat | TT Jagannathan to ET Now by ET NOW

TTK Prestige to stop China imports from September | Atmanirbhar Bharat | TT Jagannathan to ET Now

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On India Revival Mission in an exclusive conversation with ET Now, TTK Prestige Chairman TT Jagannathan speaks about their move towards an 'Atmanirbhar Bharat'. He also assesses the demand trends during the lockdown as people staying at home may lead in rise of sales. He said that in the markets which have opened the sales have been 10 per cent higher than last years sales. India has a high dependency on imports particularly from China. He said that over the years they have moved towards 'Make in India' and becoming more self-reliant and this move is in line with the Prime Minister Narendra Modi's 'Atmanirbhar Bharat' initiative. Overall demand he said we will have to wait for 3-4 months to see if this demand is mainly fueled by pent up demand or there is a genuine increase in demand. "India needs the right ecosystem in appliances", he further added. Listen to know more. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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What is the expected recovery period for the Indian markets post-COVID? | Anil Sarin to ET Now by ET NOW

What is the expected recovery period for the Indian markets post-COVID? | Anil Sarin to ET Now

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Anil Sarin, Centrum Broking talks to ET Now about the present situation and prevailing volatility of the Indian market amid COVID-19. There is hope today that the economic crisis and recession will be averted by rural demand and growth. Anil Sarin talks about the challenges and pitfalls of this and how the surge in demand could be a temporary phenomenon. Find out the expected recovery period for the Indian economy and the influence of global trends on this, in particular, the United States. He adds that the market is held study by the US where the incessant money supply is driving up the prices. He says that the markets in India, to an extent, are a reflection of that. Watch this video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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What do the Galaxy Surfactants Q4 numbers indicate about its future growth? | U Shekhar to ET Now by ET NOW

What do the Galaxy Surfactants Q4 numbers indicate about its future growth? | U Shekhar to ET Now

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U Shekhar, Managing Director and CEO, Galaxy Surfactants talks to ET Now about the quarter 4 results of the company and the growth pace of the company. Even as the company's sales have slowed down through the last quarter, its margins have risen significantly, adding to its success in the market. He added that the company measures its success by its EBITDA which has been the highest so far. In comparison to its competitors, he says that the company grew much faster and fared better than the rest of the world. Find out why the company faced a revenue decline, despite promising numbers Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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What was the COVID impact & challenges for New India Assurance? | Atul Sahai to ET Now by ET NOW

What was the COVID impact & challenges for New India Assurance? | Atul Sahai to ET Now

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Atul Sahai, CMD, New India Assurance speaks to ET Now about the growth outlook and strong performance of the company in the quarter gone by. The company recently declared its Q4 numbers and has managed to hit a profit despite the COVID impact. Find out what the growth outlook is the healthcare insurance sector in particular, especially as people face an unprecedented healthcare crisis amid COVID-19 pandemic. The company started the financial year strong, and ended well, with the COVID impact visible in the number of March and April. Sahai remarks that heightened healthcare awareness of people will go a long way in pushing the numbers ahead. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Closing bell: Nifty settles above 10,400; ICICI Bank & Tata Motors among top gainers by ET NOW

Closing bell: Nifty settles above 10,400; ICICI Bank & Tata Motors among top gainers

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The Sensex ended 1.43% or 498.65 points higher at 35,414.45 while the Nifty settled 127.95 points or 1.24% higher at 10,430.05. Among Nifty stocks, Axis Bank was the top gainer, up 6.54% followed by Bajaj Finserv and HDFC, which rallied 5.55% and 4.59% respectively. Bajaj Finance, IndusInd Bank, ICICI Bank, SBI, Tata Motors, Zee Entertainment, Reliance Industries, HDFC Bank were the other prominent gainers in the Nifty rising between 1.87%-4.42%. NTPC was the top loser, down 2.30% followed by M&M and Nestle, which fell 2.30% and 2.22% respectively. Cipla, L&T, Shree Cements, Britannia, Bharti Infratel, ONGC, Sun Pharma, HCL Tech, Tata Steel were the other big losers in the Nifty. 1. 14 of 30 Sensex stocks end the day in the green 2. Index contributors: HDFC, RIL, ITC, ICICI Bank, HDFC Bank 3. Top Index gainers: Axis Bank (6.40%), Bajaj Fin (5.25%), ITC (4.73%) 4. Top Index losers: NTPC (2.14%), L&T (2.02%), Nestle (2.00%) 5. S&P BSE Finance biggest sectoral gainer, up 2.74% 6. S&P BSE CAPITAL GOODS biggest sectoral loser, down 1.18% 7. Volume toppers: Bajaj Fin, HDFC Bank, RIL, ICICI Bank, IndusInd Bank Watch to know more. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Macro gloom set to deepen? | Sridhar Sivaram of Enam Holdings To ET NOW by ET NOW

Macro gloom set to deepen? | Sridhar Sivaram of Enam Holdings To ET NOW

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Investors are factoring in a wash-out year for earnings in FY21. Pent up demand is there across sectors , but test is what happens 6 months from now. Agricultural Reforms encouraging. Expect strong growth from rural over medium term. Banks will need to raise risk capital in the near-term. Like the telecom as a sector. ARPU have scope to go up.Discretionary spends in 'auto & media'.Seeds & agro chemical a rural theme.Continue to be underweight on financials.Excess liquidity chasing Indian assets.Global Rally Taking Markets Higher, says Sridhar Sivaram, Investment Director, Enam Holdings Pvt Ltd. Watch him discuss rural theme, macro gloom, NPAs. Listen in. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Coal Minister Prahlad Joshi Exclusive | Demand to bounce back to Pre-COVID levels by ET NOW

Coal Minister Prahlad Joshi Exclusive | Demand to bounce back to Pre-COVID levels

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"Worked out a plan to make India Atmanirbhar in coal industry. Coal India targets production of 1 bn tonnes by 2023-24. Pvt sector to bridge remaining shortfall by producing 300-400 mn tonnes Future of Coal India bright and secured. No question of disinvestment in Coal India", says Coal Minister Prahlad Joshi in an exclusive interview with Nayantara Rai. The recently started coal block auctions are getting massive investor interest. Coal Minister tells ET NOW, that both private as well as some global names are in the fray for select blocks. So much so that the Govt is confident of mopping up as much as 33,000 crore rupees worth of investment, in the first tranche of auctions itself. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Nifty holds onto 10,300 mark, JSPL to sell Oman plant for $1 Bn | Buy Now Sell Now by ET NOW

Nifty holds onto 10,300 mark, JSPL to sell Oman plant for $1 Bn | Buy Now Sell Now

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JSPL to sell Oman plant for $1 Bn, Move to cut debt. Along similar lines, Bharti Airtel to sell stake in Data Arm for $235Mn. To Sureshot deals coming out of the market.  Another stock in focus, the HUL held its AGM last evening, the consumers are scared to spend as the risk of recession is very high. The consumers are essentially focusing on packaged goods, health and hygiene based shopping continue to be a trend. HUL has produced 50 new products in the health and hygiene segment to meet the changing trends.  COVID gloom: ONGC reports first quarterly loss ever. A sharp fall in the revenue front.  Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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ONGC reports first quarterly loss, Bharti Airtel to sell stake in data arm | Top headlines by ET NOW

ONGC reports first quarterly loss, Bharti Airtel to sell stake in data arm | Top headlines

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1. JSPL to sell Oman subsidiary to Templar Investments Ltd for $1Bn to bring down its debt -Jindal Steel and Power Ltd has accepted an offer to sell its entire stake in Jindal Shadeed Iron and Steel Co LLC (JSIS Oman) to promoter company Templar Investments Ltd. Templar Investments Ltd was one of the highest bidders for the deal. The value of the deal is over $1 billion. This deal will be done to bring down the existing debt of the company and leverage the current balance sheet. "This sale is in-line with our vision to reduce debt and create a much healthier balance sheet for our investors and stakeholders. We firmly believe and aim to be a part of India growth story," said VR Sharma, MD, JSPL. Listen in! 2.Carlyle to acquire 25% stake in Bharti Airtel's Airtel's data centre business Nxtra -ET Now newsbreak about the Airtel-Carlyle deal has now been confirmed. US-based global investment firm Carlyle Group will be buying for about 25 per cent stake in Nxtra Data Ltd, a wholly-owned subsidiary of Bharti Airtel engaged in the data centre business. Airtel will continue to hold the remaining stake of approximately 75 per cent, confirmed by Airtel Bharti. The post-money enterprise valuation of Nxtra is approximately $1.2 billion and Carlyle will hold a stake of approximately 25 per cent in the business after the deal will be completed. Bharti Airtel is also expected to raise its scale in the ongoing data sale business. Listen to know more details. 3. Hindustan Unilever's 87th AGM ; Decision to rebrand 'Fair and lovely' an evolutionary logical step -Here are the top takeaways from the HUL's 87th AGM: -Decision to rebrand 'Fair and lovely' an evolutionary logical step -Imports RM, Packaging material worth ₹429 crore from China -Open to localisation for collaboration -Economic fallout of COVID-19 crisis is inevitable -Currently operating at 90-100% manufacturing capacity -Seeing demand for non-essentials like hair and skin care -Launched over 50 new products during COVID lockdown -Commited to net zero emissions by 2039 -100% of its packaging will be recyclable by 2025 -Opted remote working a week before the national lockdown Watch the video to know more details. 4. ONGC Q4 results 2020: First quarterly standalone net loss of Rs 3,098.26 crore reported -Oil & Natural Gas Corporation (ONGC) reported a standalone net loss of Rs 3,098.26 crore for the quarter ended March 31 due to exceptional item towards impairment loss of Rs 4,899 crore. This was the first ever quarterly loss reported by the company. It had posted a net profit of Rs 4,000 crore in the corresponding quarter last year.This has come out as a big shocker in the market despite the company being under pressure amid the lockdown. The company has taken an impairment adjustment of Rs 5000 crore in Q4 FY20 to factor into estimated future crude oil and natural gas prices. Had it not been the impairment adjustment, the company would have delivered profits this year too. Listen to know more details. 5. Auto sales in June 2020 to revive on recovery seen in May amid COVID gloom? -The month of June is expected to shape up better when it comes to auto sales amid the COVID gloom. The auto June volumes may further build on the recovery which has been seen in the month of May. The easing of lockdown and improvement in economic activities are expected to push the auto sales volumes. The OEM's increasing capacity utilisation as a value chain is ramping up the operations. Maruti 18,539 units in the month of May whereas it is expected to grow till 60,000 units in June. M&M on the other hand sold 24,341 farming units and is expected to makes sales for 32,000 units in the month of June. Listen in to ET Now's Karunya Rao to what we can expect from the auto industry in the month of June. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Hindustan Unilever's 87th AGM ; Decision to rebrand 'Fair and lovely' an evolutionary logical step by ET NOW

Hindustan Unilever's 87th AGM ; Decision to rebrand 'Fair and lovely' an evolutionary logical step

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Here are the top takeaways from the HUL's 87th AGM: -Decision to rebrand 'Fair and lovely' an evolutionary logical step -Imports RM, Packaging material worth ₹429 crore from China -Open to localisation for collaboration -Economic fallout of COVID-19 crisis is inevitable -Currently operating at 90-100% manufacturing capacity -Seeing demand for non-essentials like hair and skin care -Launched over 50 new products during COVID lockdown -Commited to net zero emissions by 2039 -100% of its packaging will be recyclable by 2025 -Opted remote working a week before the national lockdown Watch the video to know more details. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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ONGC Q4 results 2020: First quarterly standalone net loss of Rs 3,098.26 crore reported by ET NOW

ONGC Q4 results 2020: First quarterly standalone net loss of Rs 3,098.26 crore reported

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Oil & Natural Gas Corporation (ONGC) reported a standalone net loss of Rs 3,098.26 crore for the quarter ended March 31 due to exceptional item towards impairment loss of Rs 4,899 crore. This was the first ever quarterly loss reported by the company. It had posted a net profit of Rs 4,000 crore in the corresponding quarter last year.This has come out as a big shocker in the market despite the company being under pressure amid the lockdown. The company has taken an impairment adjustment of Rs 5000 crore in Q4 FY20 to factor into estimated future crude oil and natural gas prices. Had it not been the impairment adjustment, the company would have delivered profits this year too. Listen to know more details. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Auto demands to further build and revive in June on recovery seen in May amid COVID gloom? by ET NOW

Auto demands to further build and revive in June on recovery seen in May amid COVID gloom?

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The month of June is expected to shape up better when it comes to auto sales amid the COVID gloom. The auto June volumes may further build on the recovery which has been seen in the month of May. The easing of lockdown and improvement in economic activities are expected to push the auto sales volumes. The OEM's increasing capacity utilisation as a value chain is ramping up the operations. Maruti 18,539 units in the month of May whereas it is expected to grow till 60,000 units in June. M&M on the other hand sold 24,341 farming units and is expected to makes sales for 32,000 units in the month of June. Listen in to ET Now's Karunya Rao to what we can expect from the auto industry in the month of June. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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JSPL to sell Oman subsidiary to Templar Investments Ltd for $1Bn to bring down its debt by ET NOW

JSPL to sell Oman subsidiary to Templar Investments Ltd for $1Bn to bring down its debt

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Jindal Steel and Power Ltd has accepted an offer to sell its entire stake in Jindal Shadeed Iron and Steel Co LLC (JSIS Oman) to promoter company Templar Investments Ltd. Templar Investments Ltd was one of the highest bidders for the deal. The value of the deal is over $1 billion. This deal will be done to bring down the existing debt of the company and leverage the current balance sheet. "This sale is in-line with our vision to reduce debt and create a much healthier balance sheet for our investors and stakeholders. We firmly believe and aim to be a part of India growth story," said VR Sharma, MD, JSPL. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Carlyle to acquire 25% stake in Bharti Airtel's Airtel's data centre business Nxtra by ET NOW

Carlyle to acquire 25% stake in Bharti Airtel's Airtel's data centre business Nxtra

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ET Now newsbreak about the Airtel-Carlyle deal has now been confirmed. US-based global investment firm Carlyle Group will be buying for about 25 per cent stake in Nxtra Data Ltd, a wholly-owned subsidiary of Bharti Airtel engaged in the data centre business. Airtel will continue to hold the remaining stake of approximately 75 per cent, confirmed by Airtel Bharti. The post-money enterprise valuation of Nxtra is approximately $1.2 billion and Carlyle will hold a stake of approximately 25 per cent in the business after the deal will be completed. Bharti Airtel is also expected to raise its scale in the ongoing data sale business. Listen to know more details. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Stability in crude oil price and Mumbai's resource based project B-80 by HOEC | P Elango to ET Now by ET NOW

Stability in crude oil price and Mumbai's resource based project B-80 by HOEC | P Elango to ET Now

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P Elango, Managing Director at Hindustan oil Exploration Company talks to ET Now about the crude prices and how Hindustan oil Exploration Company's cost of production has gone down. He says, after the big crash that happened, crude prices have increased. He also explains the oil company's excellent discovery of resource-based project Mumbai High which is called B-80. This was a small field discovered in which the company did a two-well drilling campaign and found resources that can produce around 8,000 barrels of oil. The oil consists of 5,000 barrels of oil and 3,000 barrels of oil equivalent to gas. It is also said that the Hindustan oil Exploration Company holds 50 percent of stake in the block. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Opening Bell: Nifty opens at 10,300, Escorts & M&M are the top winners, Kotak Bank under pressure by ET NOW

Opening Bell: Nifty opens at 10,300, Escorts & M&M are the top winners, Kotak Bank under pressure

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The market today opened to a flat start with nifty at the 10,300 mark as per the morning pre-opening cues and the global trends. The big focus stocks of the day are Escorts and M&M. Escorts has pushed higher after releasing its tractor sales data for the month gone by and claiming that it has had unprecedented demand. M&M will hope to replicate a similar sale as Escorts as it tries to get ahead. Bharti Airtel and UPL are also among the top winners at the opening bell, while Glenmark disappoints. Kotak Bank under pressure and Zee has been the top loser. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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PM extends free ration scheme till Nov, DRL in talks to get flu drug license | The Newspaper Show by ET NOW

PM extends free ration scheme till Nov, DRL in talks to get flu drug license | The Newspaper Show

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On The Newspaper Show, The Economic Times Top 10 Headlines - PM extends free ration scheme till the end of November - Fiscal deficit at 58.6% of target in 2 months - Core sector shrinks at slower pace - Fitch lowers FY22 outlook for India - Government panel to probe Chinese apps data practices - Tata Sons may infuse funds into Europe steel business - Coal sale without strings in five years: Coal Ministry - Swine Flu with pandemic potential found in China - EU reopens borders to 15 nations, US excluded - Favipiravir yet to convince ICMR Top 5 Market headlines - With no tax MNCs ramp up dividends - Wall Street pares gains amid thin volume - April-May dip in bank loans less than FY20's - COVID adds 23% to banks provisions for Q4 - DRL in talks to get flu drug license The Newspaper Show - A daily half-hour morning show dedicated to bringing the latest newspaper headlines straight to your Living room. #TheNewspaperShow #TopHeadlines #ETNow Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Here are top market cues this morning | Experts recommend buying ICICI Pru & ACC, Selling Hindalco by ET NOW

Here are top market cues this morning | Experts recommend buying ICICI Pru & ACC, Selling Hindalco

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The trade setup this morning, despite the volatility of the last few days in the market it has still been range-bound especially for nifty which has stayed at 10,400. The weekly and monthly charts have shown that nifty is displaying resistance. At the end of the month, it moved above the 50-month moving average. According to expert CK Narayan, markets have been facing a range and waiting for news-making event to push ahead to move out of the 150 mark. He recommends buying ACC and ICICI Pru today. Market expert Jay Thakkar, recommends selling Hindalco to the investors today. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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