Friday 10 July 2020

Hey Chef, What's Cooking? | Exclusive chat with Chef Vicky Ratnani & Chef Rohit Sangwan by ET NOW

Hey Chef, What's Cooking? | Exclusive chat with Chef Vicky Ratnani & Chef Rohit Sangwan

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While the lockdown turned many of us into chefs driving up all kinds of innovations, unique techniques and new dishes in the home kitchen, what about the Chefs themselves? From developing new recipes to formulating personal diet routines to get their creative juices flowing, what have they been cooking up and what do they suggest you whip up this weekend? ET NOW’s Vikram Oza caught up with the celebrity chef, food connoisseur, gourmand and author Vicky Ratnani along with Rohit Sangwan, Executive Sous Chef of Taj Land’s End in Mumbai and came away with some good ideas. Let’s dive 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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Yes Bank FPO issue price set at ₹12 per share, Are current investors disappointed? by ET NOW

Yes Bank FPO issue price set at ₹12 per share, Are current investors disappointed?

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Yes Bank recently announced a 15,000 Cr FPO issue to exchanges. We have now learnt that the issue will happen at a price of ₹12 which comes as a major disappointment to current investors. The stock price took a sharp downward turn once investors learned that fresh capital is coming in at half the current stock price. This will be a second round to Yes Bank’s fundraising spree and the road to recovery post the mega fall we witnessed last year. The fundraising first began around six months ago when SBI and a few other prominent banks took equity stakes in YES. It seems that due to a significant discount to the market price, there is a good appetite for the following on the issue and it should see strong participation from some pedigree names. 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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Decoding the surge in commodity markets | Jonathan Barratt & Paul Bartholomew to ET NOW by ET NOW

Decoding the surge in commodity markets | Jonathan Barratt & Paul Bartholomew to ET NOW

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Jonathan Barratt, Chief Investment Officer, Probis Securities and Paul Bartholomew, Senior Managing Editor, S&P Global Platts speak to ET NOW about the supply shortage stocking and Chinese demand driving the rally. Jonathan Barratt says that we have got a major demand and that China is buying particularly copper and iron ore and that there is a supply issue due to COVID-19 and maybe the prices even may move higher. He even said that there is a good balance between the iron ore costing and steel pricing and the fact that it gives good confidence to international trade when you see the demand. Paul Bartholomew says that there has been some sort of supply issues as well that will help support prices and that $107 a ton is remarkable and that it has been pretty strong all through the Chinese New year and the various stages of lockdown. He even said that it is not just a supply issue it is also that China is producing a lot of steel and in fact 2% more than it did last year which has also supported the metal prices. 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: Sensex sheds 143 points, Nifty ends at 10,768; RIL surges 3% by ET NOW

Closing Bell: Sensex sheds 143 points, Nifty ends at 10,768; RIL surges 3%

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CLOSING BELL: Sensex sheds 143 points in seesaw trade, private lenders drag; Nifty ends at 10,768; RIL surges 3%. Only 8 Sensex stocks ended in the green. 1. Top Sensex losers: Asian Paints, IndusInd, ICICI Bank 2. Top Sensex gainers: RIL, HUL, Sun Pharma 3. Private bank stocks worst drags on Sensex 4. BSE Bankex worst sectoral performer 5. BSE Energy best sectoral performer 6. 11 of 19 sectors ended in the red 7. Advance-decline ratio at 2:3 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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PolicyBazaar CEO Yashish Dahiya says 'Will not put in capacity ahead of growth' | Exclusive by ET NOW

PolicyBazaar CEO Yashish Dahiya says 'Will not put in capacity ahead of growth' | Exclusive

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The COVID-19 pandemic has taken a toll on the markets and things have to be adjusted accordingly. Yashish Dahiya, CEO, Policy Bazaar has told ET Now that the rapid expansion of capacity does not imply growth in revenues. IT moves at its own pace depending on consumer education. 70%-80% will be the growth rate and the capacity will be worked on. Will continue to grow always. Areas to improve in is consumer services, products and technology from Policy Bazar with the investment being held in the direction. 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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Watch this on youtube - PolicyBazaar CEO Yashish Dahiya says 'Will not put in capacity ahead of growth' | Exclusive

Cutting down on the Chinese dependence | Panasonic's Manish Sharma to ET NOW by ET NOW

Cutting down on the Chinese dependence | Panasonic's Manish Sharma to ET NOW

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The electronics sector has been quite heavily dependent on imports from China with the components or the products itself. Manish Sharma, President & CEO, Panasonic India speaks to ET NOW about creating an #AtmanirbharBharat in their sector and how on a company level will Panasonic take part in this initiative. He says that with Atmanirbhar Bharat it means we become more self-reliant and that Panasonic has divided their strategy into 3 important steps as they are extremely committed to driving this agenda. He even said that most of the manufacturing units of consumer products are in India itself with almost 15 manufacturing units in the country. Listen in to this exclusive chat only on ET NOW! 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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Watch this on youtube - Cutting down on the Chinese dependence | Panasonic's Manish Sharma to ET NOW

Broader markets slip in negative zone amid lockdown | Rahul Sharma to ET NOW by ET NOW

Broader markets slip in negative zone amid lockdown | Rahul Sharma to ET NOW

Video description:
The lockdown could bring huge stress on Banking Sector and NBFCs as the moratorium numbers for them were affected very badly but surprisingly financial companies like HDFC and more brought in good moratorium numbers. The economic revival packages announced by the Finance Minister Nirmala Sithraman, especially the tax scheme has molted the market in many ways. Bank Nifty had slightly underperformed when compared to nifty, however, it has fluctuated in recent time, rehabilitating its position in the market. The new rally gives provide good numbers from various sectors but Bank Nifty will definitely outperform, says Rahul Sharma from Equity 99. 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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Watch this on youtube - Broader markets slip in negative zone amid lockdown | Rahul Sharma to ET NOW

Hero Cycles withdraws Chinese plan worth ₹900 Crores | Pankaj Munjal to ET NOW by ET NOW

Hero Cycles withdraws Chinese plan worth ₹900 Crores | Pankaj Munjal to ET NOW

Video description:
Hero Cycles is the leading bicycle manufacturing company in India, it is also the market leader with 40% market shares. However, after Prime Minister Narendra Modi’s ‘Aatmanirbhar Abhiyan’, the company is now heading towards self-reliance. Pankaj Munjal, Managing Director of Hero Cycles speaks exclusively to ET Now on their vocal for a local ride, withdrawing Chinese Plan worth ₹900 Crores, demand-supply chain amid Coronavirus pandemic and more. He says, ‘The demand is peaking in Fitness Industry. The factory was operating on 100% capacity in the month of June. Our market share is expected to grow by 50% post-COVID-19.  Our company is nurturing the Indian R&D Industry to become self-reliant’. 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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Watch this on youtube - Hero Cycles withdraws Chinese plan worth ₹900 Crores | Pankaj Munjal to ET NOW

Flipkart-Arvind Deal Math | Arvind Fashions To ET NOW by ET NOW

Flipkart-Arvind Deal Math | Arvind Fashions To ET NOW

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Flying Machine has been a strong performer on online platforms. Will leverage Flipkart's consumer insights & reach with the partnership. Reach can extend beyond tier-2 & tier-3 cities. Want to grow Flying Machine as a youth-oriented brand, since Flying Machine already a Rs 500 cr brand, want to grow it to Rs 1000 cr brand. Flipkart association is primarily for Flying Machine. We are already seeing a strong shift to a digital platform so we have upgraded digital capabilities; 20% of sales coming from online currently. Performance healthy during Jan-Feb exited few brands which led to a dip. Retail sales started dipping from 1st week of March and March was a complete washout in terms of sales. We could have ended March on projections; missed opportunity due to COVID. No diversion of CAPEX from offline to online retail channels. Casual wear segment in high demand; co well-positioned to cater to that. Seeing strong sales for Sephora online & offline. The most portfolio is well-placed to cater to post-COVID demand, says J Suresh. 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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Is FCA riding the local for vocal wave? | Partha Dutta decodes to ET NOW by ET NOW

Is FCA riding the local for vocal wave? | Partha Dutta decodes to ET NOW

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FCA CEO, Partha Dutta speaks exclusively to ET Now on FCA’s upbeat in India rode, COVID-19 pandemic effect on the demand-supply chain, and more. He decodes whether India could completely be self-reliant and if the consumption will return by the festive season or not. Dutta says that FCS is completely riding the local for vocal waves. The compass has been received very well everywhere and the company is actively investing in new launches. The demand for premium products will remain intact. Our latest plan is to manufacture new products at Ranjangaon. With self-reliance, India can compete with any country in the world. 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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COVID hit 'bottomed out' says TCS | What is Kotak's priority in post-COVID era | Top News by ET NOW

COVID hit 'bottomed out' says TCS | What is Kotak's priority in post-COVID era | Top News

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Here are the top business news stories today:  1. Nifty today morning starts at 10771.45 and SENSEX starts at 36581.41. TCS opens at 2215.20. As ICICI bank has announced the fundraising plan, it is said that the fundraising plan was much lesser than what the markets were anticipating. The metal sector acts as a real comeback sector for Thursday amid the COVID lockdown and economic revival. Metal stocks have been in good numbers on Wednesday and Thursday. 2. TCS Management upbeat about Q1 numbers despite the severe  COVID-19 hit impact. TCS CEO Rajesh Gopinath tells ET NOW that the firm expects positive revenue in Q2. 3. Kotak Mahindra Bank has released its annual report today and many people are eagerly waiting out for what Vice Chairman and Managing Director Uday Kotak has to say. 4. India is planning to reduce import dependence which could mean that the government is working on setting up import monitoring bodies for product and sectors with high imports and widening the scope of the restricted list.  Commerce ministry mulls at building the import monitoring system which will be sector-specific to control the flow of imports and in line with the current steel import monitoring system. 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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Watch this on youtube - COVID hit 'bottomed out' says TCS | What is Kotak's priority in post-COVID era | Top News

What is Uday Kotak's message to shareholders? | Kotak Mahindra Bank's annual report released by ET NOW

What is Uday Kotak's message to shareholders? | Kotak Mahindra Bank's annual report released

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Kotak Mahindra Bank has released its annual report today and many people are eagerly waiting out for what Vice Chairman and Managing Director Uday Kotak has to say. In the letter, he started by talking about the economic challenges that are there; says, 'The pandemic has really created a substantial issue as far as the economy is concerned. GDP growth will likely be negative this year.' He even said, 'Most economists predict that GDP growth will be negative this year.'  He even said, 'Unlike the 2013 crisis, India's external accounts seem to be under control.' 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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Watch this on youtube - What is Uday Kotak's message to shareholders? | Kotak Mahindra Bank's annual report released

Govt favours non-tariff measures, Commerce Ministry to set up an import monitoring system by ET NOW

Govt favours non-tariff measures, Commerce Ministry to set up an import monitoring system

Video description:
India is planning to reduce import dependence which could mean that the government is working on setting up import monitoring bodies for product and sectors with high imports and widening the scope of the restricted list.  Commerce ministry mulls at building the import monitoring system which will be sector-specific to control the flow of imports and in line with the current steel import monitoring system. These restrictions also mean that imports will be allowed only after government approvals and the approvals will need to be sought with every import load. The sectors that are in focus for these non-tariff measures are textile, food-processing, leather, furniture, footwear.  ET NOW's Ruchi Bhatia brings this exclusive report. 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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Medium-Term Outlook Positive? | Chandresh Kumar Nigam of Axis AMC To ET NOW by ET NOW

Medium-Term Outlook Positive? | Chandresh Kumar Nigam of Axis AMC To ET NOW

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Pragmatic reassessment of risks taking place. We believe that the worst of the novel coronavirus crisis seems to be behind us. The global liquidity has eased some of the economic stress. A lot of strong firms to come out of the COVID crisis stronger. It is time to stick with frontliners in every sector and uncertainty on the second-tier names in financials is very evident. Unfortunately, there will be a number of casualties from the COVID crisis. However, stronger firms are going to enhance their balance sheets & RoEs. It is time to stay away from some segments of financials, says Chandresh Kumar Nigam, Axis AMC. 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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Why are so many leaders quitting Cognizant? | EXPLAINED | ET NOW Report by ET NOW

Why are so many leaders quitting Cognizant? | EXPLAINED | ET NOW Report

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Nasdaq-listed Cognizant has seen a series of top-level exits in the last year since Brian Humphries took charge as CEO. Who all have quit and why? What kind of lasting impact is this expected to have? These exits come amidst larger challenges for Cognizant on the growth front, as it struggles into a return to industry-leading growth like before. Humphries, who joined Cognizant in April last year, had indicated a deep surgery as part of an effort to restructure the company and make it more nimble. "I do not believe in death by a thousand cuts, I would rather pull the Band-Aid off and get it behind us, he said at an investor event last year." Here's an ET NOW explainer from Chandra R Srikanth. 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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Kotak bank's priorities in post-COVID era; Sun Pharma, UPL were top gainer | Buy Now Sell Now by ET NOW

Kotak bank's priorities in post-COVID era; Sun Pharma, UPL were top gainer | Buy Now Sell Now

Video description:
On today's episode of Buy Now Sell Now we discuss on PM Modi's Atamanirbhar Bharat push, COVID-19 update, Uday Kotak on the economy and markets update. Prime Minister Narendra Modi has given a call for AatmaNirbhar Bharat and also talked about reducing India's high import reliance. As a part of that Commerce Ministry along with DPIIT are in huddle with Prime Minister's office to see what can be done and how can India really reduce its import reliance. The common concern is we should be looking non-tariff barriers over tariff barriers. The government is of the view that non-tariff barriers will make more sense at this point in time. According to the sources, Government approval may be mandatory for restricted imports and approval would be needed with every import load. TOP COVID-19 stories - India's recovery rate improves to 62.09% - Dharavi reports 9 new virus cases: BMC - Punjab to set up plasma bank - Must involve citizens to fight COVID: Maharashtra CM Uddhav Thackeray - Odisha slashes COVID cess on liquor by 35% - IMF urges equity-like govt impetus for firm - Harley Davidson to cut jobs as COVID strikes - WHO forms panel to review the pandemic situation - England to reopen indoor pools and gyms Most economists predict that's GDP growth will be negative. Unlike the 2013 crisis, India's external A/c seems to be under control, says Uday Kotak 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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Multibaggers For The Next Decade | Milind Karmarkar To ET NOW by ET NOW

Multibaggers For The Next Decade | Milind Karmarkar To ET NOW

Video description:
Believe this is a restart year for most cos, especially retail space. Q1 will be a complete washout for retail space, Q2 may be a revival phase. Expect to see retail space coming back to normalcy from Q3 onwards. Fertiliser space may do well in the short term, may outperform markets. Would be safer to bet on secular growth story in India over the longer term. Chances of income can contract in the short term over 1 year. Will see India return to its growth trajectory from FY22 onwards. Added Pharma stocks in the portfolio in March-April fall; looking at Indian cos, says Milind Karmarkar. 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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TCS Top Brass Decode Q1 | TCS Management To ET NOW by ET NOW

TCS Top Brass Decode Q1 | TCS Management To ET NOW

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Saw peak impact of COVID-19 crisis in Q1. Believe that we will see positive revenue QoQ growth from Q2 onwards. Expect to match Q3FY20 in Q3FY21. Not predicting the future, but sharing perspective based on client interactions. Conversations with clients give us confidence about growth bounce back. Co switched to selective lateral hiring. Lifesciences & healthcare verticals did well in Q1; see a lot of opportunities. Deal closure in Q1 has been 'pretty robust'. Customer confidence is coming back; the deal pipeline looks promising. Europe has been able to contain COVID-19; see opportunities in the region since Europe seems to be better placed to contain COVID-19 vs UK, US. Margin aspiration very much intact; timing to depend on recovery but with growth coming back, the margin should improve, says TCS Management. 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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Starbucks introduces the first drive-through outlet in Chandigarh | ET NOW report by ET NOW

Starbucks introduces the first drive-through outlet in Chandigarh | ET NOW report

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Tata Starbucks rolls out its new drive-through store format today, in Chandigarh. 8 years after entering India, Starbucks is rolling out its first drive-through outlet in India. This is a part of its post-COVID-19 strategy, the Tata Starbucks joint venture plans to open about a dozen drive-through outlets in India in a year, according to two people familiar with the company’s plans. Even other, Quickservice-restaurants such as McDonald's, KFC and Burger King are ramping up and scouting for drive-through locations in the country, as consumers stay away from eating out amid fears of spiralling coronavirus cases in India. ET Now brings you the exclusive 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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Opening Bell: Nifty starts at 10771.45, SENSEX at 36581.41, TCS has a quiet start,IT sector in focus by ET NOW

Opening Bell: Nifty starts at 10771.45, SENSEX at 36581.41, TCS has a quiet start,IT sector in focus

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Nifty today morning starts at 10771.45 and SENSEX starts at 36581.41. TCS opens at 2215.20. As ICICI bank has announced the fundraising plan, it is said that the fundraising plan was much lesser than what the markets were anticipating. The metal sector acts as a real comeback sector for Thursday amid the COVID lockdown and economic revival. Metal stocks have been in good numbers on Wednesday and Thursday. Gold prices internationally are priced above $1,800. Mannapuram and Muthoot Finance have been going strong. The wealth creation that has been happening since the last two years can be seen stable. RIL is at 1829.35. UPL acts as an interesting stock because the agrarian economy is making a comeback both globally and locally. Listen in for 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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Flipkart buys 27% in Arvind Youth Brands;Chinese sites taking orders despite ban |The Newspaper Show by ET NOW

Flipkart buys 27% in Arvind Youth Brands;Chinese sites taking orders despite ban |The Newspaper Show

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On The Newspaper Show, The Economic Times Top 10 Headlines - Top names set to line up for Yes bank share sale - TATA rejects Mistry's quasi-partnership claim - COVID disruption shaves 21% off TCD Q1 profit - Cognizant India Chairman quits - Follow labeling norms- Concerns affairs Ministry to companies - ED attaches assets of Rana Kapoor, Wadhawans - PNB declares Rs 3,688 crore DHFL a/c as fraudulent - Chinese sites taking orders despite the ban - We are laying out the red carpet, says Prime Minister Modi - Trump cannot hide tax information, says the US Supreme Court The Economic Times Corporate- Top 5 Headline - Auto demand back on track but supply staggers - Starbucks to toll out drive-through outlet - Flipkart buys 27% in Arvind Youth Brands - EESL in talks with Royal dutch for solar JV - Maharashtra allows some hotels to take new liquor stock The Economic Times Market- Top 5 Headlines - Pre-quarterly updates cheer up D-street - TCS: positives in US, Europe going to be better Q2 - Passive fund inflows treble in 2 years - PNB to raise Rs 10k crore via share and bond sale - Wall Street indices slip on shutdown concerns 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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Top 5 stocks in Indian trade market to watch out right now! by ET NOW

Top 5 stocks in Indian trade market to watch out right now!

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Top 5 stocks to watch in trade TCS Brokerages react to TCS’ earnings. CLSA maintains an Outperform rating with a Target at 2240/share saying the Q1'21 margin miss but stable cashflow a positive. Morgan Stanley Maintains an Equal-Weight rating with a Target at `2125/share. Tata Motors June retail sales were 35,334 vehicles, down 24.9% YoY, significantly impacted by Covid-19, but on an improving trend within quarter according to the company. Over 95% of JLR’s retailers worldwide are now open or partially open. PNB The board has approved raising of capital up to an amount of `10000 Crore and Seeks approval for raising of equity capital for an amount up to `7000 cr in the forthcoming AGM. TATA STEEL JP Morgan has Maintained an Overweight rating with a target of `440/share. The brokerage says the sales decline is lower than feared and debt concerns should fade for Tata Steel. 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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TCS reported lower revenue and margins, How will the company trace path to growth? by ET NOW

TCS reported lower revenue and margins, How will the company trace path to growth?

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TCS reported lower than expected contraction in revenues and margins, however management commentary was reassuring and positive. Q1 on expected lines witnessed Covid-19 impact, management believes Covid impact has bottomed out and recovery is likely to be faster than global financial crisis. "The revenue impact of the pandemic played out broadly along the lines we had anticipated at the start of the quarter. It affected all verticals, with the exception of Life Sciences and Healthcare, with varying levels of impact. We believe it has bottomed out, and we should now start tracing our path to growth," says Rajesh Gopinathan, CEO & MD, TCS. Q1 FY21 Revenue de-grew by 6.3% QOQ in Constant currency (CC) terms. USD revenue at 5059 mn (down 7.07% QOQ). EBIT margins declined to 23.6% (vs 25.1% QOQ). Profit at Rs 7,008 cr (down 12.9% QOQ). BFSI, Retail revenue de-grew. Interms of revenue by geographies, Europe was ahead on recovery curve, US was most resilient. 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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