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D-Street bulls take a U-turn in absence of clear signposts

The Sensex and the Nifty ended 0.8 per cent down at 40,445.15 and 11,921.50, respectively.

Stocks in the news: YES Bank, Tata Motors, RBL Bank, Biocon and Dish TV

Tata Motors, a Tata Group firm, said it has bagged an order for over 2,300 buses.

Sebi ban on Karvy: Why it may be a bad news for discount brokers

Karvy serves 70 million investors and provides investment advice to more than 600 firms.

Living the Parisian dream: Kanakia Paris brings ambience, luxury of French capital to Mumbai's BKC

The luxury residential project is not only about the physicality, but also the ambience and the experience of Paris.

What, slowdown? Diacolor brings Fabergé timepieces to India; luxe brand to retail in Mumbai, Delhi stores

The uber-luxe market remains more or less static, and is not bogged down by slowdown, says Diacolor’s creative director.

Pak family-run UK company, Formations House, at centre of global investigation

Founded by Pakistani-origin businessman Nadeem Khan, Formations House emerged as a known destination for companies wishing to set up offshore entities and financial institutions. While Khan died in 2015, weeks before he was to stand atrial for money laundering in London, the company is being run by his daughter, Charlotte Pawar.

Stocks in the news: ZEEL, RCom, IndiGo, YES Bank, UPL and Bharti Airtel

Moody's lowered agrochemical company UPL Corporation ratings to stable from positive.

Capri Group buys into Lakshmi Vilas Bank

A holding of 5 per cent or more in a private bank requires the approval of RBI.

Prasar Bharati kept out of Devendra Fadnavis' swearing-in

A former official on condition of anonymity said that the coverage by Doordarshan would have also involved following protocol, and subsequent mobilising of government's communication machinery, including distribution of photographs to press units, intimation to other channels about free-to-air feed and ensuring flash points in all DD channels.

Reliance Jio increases tariffs by up to 40%

The Mukesh Ambani-led Jio, which had started a tariff battle in the sector with its entry in 2016, has increased its headline price plans for the first time since its launch. Its two older rivals had raised their prices earlier this week, also by about 40%.

PM Modi queried if BJP, NCP can work together: Sharad Pawar

"Modi had offered me to work together. I told him that our personal relations are very good and they will remain that way but it is not possible for me to work together," Pawar said. Pawar dismissed reports that Modi government offered to make him India's President. "But there surely was an offer to make Supriya (Sule) a minister in the Modi-led cabinet," he added.

Mobile solution firm Comviva partners Inlogic Games

Inlogic’s content and brand positioning in the mobile gaming space will allow Comviva to venture into new markets. Additionally, Comviva’s reach in emerging markets in Middle East, Asia Pacific, Latin America and Africa combined with its content discovery platform, Mooditt Digital Store, will help Inlogic to expand its presence globally.

Stocks in the news: SBI Life, Vadilal Industries, Prestige Estates, Airtel and Vodafone Idea

Tata Steel plans to cut jobs across its European operations as it wrestles with excess supply.

Essel Group's head of finance & strategy Himanshu Mody quits

An old hand at the Essel Group, Himanshu Mody was heading the group’s finance & strategy vertical, for its businesses in Media & Entertainment, News & Information, Education, Infrastructure, Gold Refinery, Gaming, Wellness and Lifestyle. He was spearheading the entire divestment process at Essel Group.

Pankaja Munde not quitting BJP: Maha party chief

Maharashtra BJP chief Chandrakant Patil confirmed on BJP leader Pankaja Munde's stay in the party after she removed the party's name from her Twitter bio. She lost to her cousin and NCP rival Dhananjay Munde in a bitter contest from Parli seat, Beed district.

Maharashtra breakthrough in sight? BJP leader says 'good news' soon

BJP and Sena are locked in a bitter tussle over sharing of the post of CM and ministerial portfolios in new government, even 12 days after the assembly poll verdict handed them enough seats to cobble up a coalition government. The ruling BJP and the Sena had won 161 seats together in the 288-member House, much above the halfway mark of 145.

Ajit Pawar said Aghadi could not reach pact: Devendra Fadnavis

Fadnavis said “I am afraid that they might fall under the weight of their own contradictions. This government will be like a threewheeled rickshaw where each tyre goes in a different direction.”

Thackeray-Pawar ties: Across generations, families have melded political with personal

Pawar played a key role in getting Sena to back Congress' Pratibha Patil and Pranab Mukherjee for President, and at the time of the Sena patriarch's final illness in 2012, it was Pawar who often gave Uddhav strength.

Sony, RIL’s TV18 may form joint venture for entertainment business

Sony will own a majority 51% stake in the proposed JV, while TV18 will own the remaining 49%. As part of the deal, the two companies will transfer 100% of SPN, 51% of TV18’s share in Viacom18 (US entertainment conglomerate Viacom Inc owns 49% in Viacom18) and 100% of Jio Studios business to the new entity, one of the sources said.

Warburg Pincus to raise up to $1.5 billion for first India-focused fund: Sources

Private equity-backed deals in India have risen to a record $16.8 billion so far this year.

Likely GDP shock at hand, India braces for impact

If the numbers come in at around 4.5% as widely predicted, it will be the slowest pace since Q4 of 2013.

Stocks in the news: YES Bank, Tata Steel, Sun Pharma, DLF and Indiabulls Housing

Moody's Investors Service placed YES Bank’s foreign currency issuer rating of ‘Ba3’ under review.

Still with NCP; Uddhav will decide on induction: Ajit Pawar

Ajit Pawar, who last week supported the BJP to form a short-lived government in Maharashtra, also said there is no reason "to create" confusion about his being in the NCP.

Was sure of Ajit's return, family stands united: Rohit Pawar

Ajit Pawar called on his uncle and NCP patriarch Sharad Pawar late Tuesday night, after first having joined hands with the BJP to form government in Maharashtra and then quitting it. "But we were sure (about his return). We knew Dada well," Rohit Pawar said.

Prasoon Joshi rubbishes reports, says CBFC never asked 'Ford v Ferrari' makers to blur alcohol sequences

Joshi clarified the blurring of shots was done "voluntarily by the makers".

Bad news for fans: After a 4-year wait, Anil Kapoor's 'Modern Family' remake ain't happening now

The initial announcement for the remake of the show was made in 2015.

Rupee spurts to over 2-week high of 71.50

The rupee gain was further strengthened by weakening of dollar against the key rival currencies.

It's fake news: Netflix denies any meeting with RSS representatives

There were reports that the RSS have been holding informal meetings with Netflix, Amazon and other digital platforms to monitor content critical of the government.

CM Devendra Fadnavis resigns, says BJP no longer has majority with Ajit Pawar quitting

Fadnavis made the announcement a day ahead of the floor test his government was supposed to face on Wednesday as per the Supreme Court's directions. "NCP's Ajit Pawar decided to co-operate with us. As per our discussion, we formed government," Fadnavis said. "Today Ajit Pawar told me he was quitting due to personal reasons," he said.

Stocks in the news: RIL, Infosys, ICICI Bank, Bharti Airtel and Dr Reddy's Labs

MCA has sought information on the whistleblower complaint, made against Infosys management.

Stocks in the news: DHFL, Indiabulls Housing, ZEEL, PVR and Mindtree

South Indian Bank, TVS Motor, PVR, DHFL and ZEEL will announce their Q2 results today.

Endurance International Group to host Cloudbaazar

The event provides an opportunity to learn about developments in technologies, ideas and news as industry veterans share their knowledge and expertise.

BJP 'contract killer' of democracy, governor acted as Amit Shah's 'hitman': Congress

The month-long political impasse in Maharashtra ended dramatically on Saturday with the BJP's Fadnavis returning as the chief minister, backed by the Nationalist Congress Party (NCP). NCP's Ajit Pawar was sworn-in as the deputy chief minister.

Stocks in the news: RIL, DHFL, Cipla, Bajaj Consumer, ZEEL and Indiabulls Housing

The USFDA has red-flagged Torrent Pharmaceuticals for significant violations of CGMP.

Andhra liquor ban may not be prohibitive for listed players

Andhra Pradesh accounts for 8 per cent of overall beer sales and about 10 per cent of Indian-made foreign liquor (IMFL) volumes.

Stocks in the news: Wipro, Bajaj Consumer, Can Fin Homes, BPCL and Omaxe

SBI Life Insurance Company reported a 48.7% fall in the net profit for the quarter ended September.

Global economy about to bottom out, says Martin Pring

A reversal of commodity cycle is typically a sign that economic slowdown is going to end.

Maharashtra govt formation: Rift within Pawar family helped BJP execute its Plan B

Sources said the feud between Ajit Pawar on one side and Sharad Pawar and his daughter and MP Supriya Sule on the other was brewing for the last few months, triggered by disputes over ticket distribution for the Lok Sabha and the assembly elections.

No stay on Mumbai metro car shed project in Aarey Colony but status quo on felling of trees: SC

Protests began in September when Mumbai Metro Rail’s plan to cut around 2,700 trees in Aarey Colony became public knowledge. The MMRC succeeded in chopping down 2,141 of the permitted 2,185 tree to make space for a car depot for the Colaba-Bandra-Seepz Metro.

Veteran actress Shaukat Kaifi passes away at 93; Dia Mirza, Urmila Matondkar pay tribute

Javed Akhtar confirmed the news of his mother-in-law's demise, saying she passed away due to age-related ailments.

Don't cut anymore trees, says SC on Mumbai's Aarey

The apex court has set October 21 as the next date of hearing in the case. It has also asked the Union Environment ministry to be made a party to the case.

Sony in talks to buy stake in Mukesh Ambani's TV network

Talks are at a preliminary stage and may not result in a transaction, according to people familiar with the matter.

In more bad news,Q1 commercial credit dips by 2.6%: Sidbi data

According to the report, overall the commercial credit stood at Rs 63.80 lakh crore as of June 2019 as against Rs 65.52 lakh crore in March 2019 and is up 10.4 percent compared to Rs 57.81 lakh crore as of June 2018.

Maharashtra deal stitched; Shiv Sena, NCP, Congress to meet governor by weekend

Congress President Sonia Gandhi appears to have come around and finally given the green signal to the coalition with Shiv Sena and NCP for government formation in Maharashtra. Prithiviraj Chauhan added ballast by saying that they hope to form the government in Maharashtra soon. Certain specifics need to be thrashed out, he added.

Time to switch from debt funds to arbitrage funds for more safety, returns?

Some mutual fund advisors are asking their clients to choose arbitrage funds over liquid, ultra short or short duration funds for their short-term needs.

Stocks in the news: YES Bank, HDIL, Manpasand Beverages, Adani Green and NMDC

The company has filed a police complaint regarding hostile takeover.

Storytelling with a desi twist: Spotify to launch original podcasts in India

The first line-up of platform-exclusive podcasts will be hosted by Gaurav Kapur, Mantra, and Aastha & Ankit.

Housing prices in Gurugram down 4% in last one year; Noida sees marginal rise: PropTiger

According to the report, the combined sales of houses in both Gurugram and Noida regions fell 47 per cent during July-September period to 5,569 units. Gurugram area includes Bhiwadi, Sohna and Dharuhera and Noida includes Greater Noida and Yamuna Expressway.

Bad news for Air India fliers: Oil cos to discontinue fuel supply at 6 airports from Friday

The oil companies have said that they will discontinue fuel supplies to Air India from tomorrow.

We don’t see ourselves coming into this market to compete with Indian media: NYT Global CEO Mark Thompson

​​In a freewheeling chat with ET’s Vinod Mahanta & Gaurav Laghate, the 62-year-old Thompson talked about The New York Times’ transformation journey, battle between publishers and platforms and of course, NYT’s running fight with Donald Trump.

Would prevent 'Operation lotus' in Maharashtra: Prithviraj Chavan

Chavan said the Congress was holding internal meetings and also holding talks with the NCP to work out a possible Common Minimum Programme if a government was to be formed with the Sena.

YES Bank files complaint with police, seeking origin of fake news and to assess short-sell positions

Some miscreants have been spreading false information and malicious rumors about YES Bank on WhatsApp.

Stocks in the news: ZEEL, Thomas Cook, CG Power, HDFC and Aurobindo Pharma

CCI has approved the restructuring of Apollo Hospitals Enterprise's pharmacy business

Congress-NCP meet cancelled: Ajit Pawar; spokesperson disagrees

However, NCP chief Sharad Pawar later told reporters that his nephew Ajit deliberately made remarks about visiting Baramati, his hometown in Pune district, in night to avoid media.

Indrani Mukerjea dubs Chidambaram's arrest as 'good news'

Indrani Mukerjea and her husband Peter Mukerjea are former promoters of the INX Media Group.

How China CFA applicants keep beating finance’s hardest exam

Virginia-based CFA Institute has found rising applicants from Asia -- and especially China.

NYT print to be profitable for well over a decade: CEO

Mark Thompson said the print business would be profitable for at least the next decade at The New York Times, and that they are also working on building new revenue streams involving global social media platforms.

Rupee extends gains for 2nd day, rises 18 paise to 71.78

On a weekly basis, the local unit lost 50 paise.

Consumer biz outlook earns RIL a major re-rating; target prices rise up to Rs 1,700

Year-to-date, RIL shares are up 38.9 per cent, smartly outperforming benchmark Sensex.

Devendra Fadnavis meets RSS chief Mohan Bhagwat as Maha impasse continues

Fadnavis arrived at the RSS headquarters in Mahal area in Nagpur around 9.25 pm and left after one and a half hours. RSS functionaries in Nagpur were tight-lipped about what transpired at the meeting, though it is being speculated that the meeting was about the political deadlock in the state after the October 21 assembly elections.

Subhash Chandra resigns as chairman of Zee Entertainment

The stake sale in ZEEL was conducted in order to repay loan obligations to certain lenders of the group.

Stocks in the news: Sun Pharma, DHFL, Equitas Holdings, SBI and Varun Beverages

RBI has taken action against Equitas Small Finance Bank for failing to meet deadline for getting shares listed.

Shiv Sena firm on CM post; asks BJP not to misuse interim govt norm

Talking to reporters, he said the BJP should not misuse the provision of "caretaker" government and remain in power in Maharashtra, where there is an impasse over the next dispensation. Chief Minister Devendra Fadnavis should resign as the term of the existing assembly is ending (on November 9), the Sena spokesman said.

Stocks in the news: YES Bank, Jet Airways, M&M, HDIL, Axis Bank and Gati

Allcargo is in the final round of talks to pick up a controlling stake in Gati.

Stocks in the news: YES Bank, IIFL Securities, Axis Bank, NMDC and JSW Steel

Shares of IIFL Securities will get listed and admitted to dealings on BSE today in the 'T' Group category.

So happy to be returning to India: Katy Perry announces debut Mumbai performance

The singer will perform in the city in November as part of the OnePlus Music Festival.

Amitabh Bachchan gives Sharjah Book Fair a miss due to health issues

Bachchan fans in the UAE, who were eagerly waiting for him, were left disheartened.

'Pakistan propaganda machine peddling fake news on Jammu & Kashmir situation'

Special Inspector General of Police (IGP), Maharashtra Cyber Police, Brijesh Singh, also said some verified accounts in Pakistan are sharing such fake content to fan passions.

Stocks sink the most in a year on flood of bad news

The Sensex crashed 770 points, or 2.06 per cent, its biggest single-day fall in 11 months.

Stocks in the news: ZEEL, IIFL Wealth, RNAM, Axis Bank, Nalco and Bharti Airtel

Reliance Capital said no pledged shares of RNAM have been invoked by any lender.

To Mumbaikars' surprise, this year's Alphonso mangoes came from Malawi, not Konkan

Fruit and corruption are not just an Indian tradition, as a recent scandal in Japan showed.

Devendra Fadnavis quits as CM; Shiv Sena drifts away, begins talks with NCP & Congress

After a 15-day acrimonious verbal spat with ally Shiv Sena, Devendra Fadnavis submitted his resignation to governor Bhagat Singh Koshyari. Fadnavis is to continue till an alternate arrangement is made. Addressing a news conference, Fadnavis said that it was hurtful and shocking that the Sena had not cooperated.

Stocks in the news: YES Bank, Lupin, Wipro, PNB Housing and Reliance Capital

Lupin has signed an agreement with Boehringer to develop a new drug for cancer patients.

Sensex ekes out small gains; Voda Idea, PSU bank stocks rally

Financials and telecom major Bharti Airtel contributed the most to Sensex’s gains.

Stocks in the news: DLF, Andhra Bank, SBI, DHFL, PNB, Equitas Holdings Unitech

Warburg Pincus is likely to buy another 20.5 per cent stake in IndiaFirst Life Insurance.

Rupee skids 19 paise amid fresh trade concerns

Investors also played their bets cautiously in view of India's rating outlook cut by Moody's investors Services last week.

Maharashtra impasse: Mallikarjun Kharge says Congress will sit in Opposition, Sharad Pawar meets NCP leaders

Mallikarjun Kharge reiterated his party's stand of sitting in the opposition in Maharashtra, while Sharad Pawar said he would react only to an official statement from the Sonia Gandhi-led party.

Stocks in the news: DHFL, Sunteck Realty, CG Power, Bajaj Finance and Coffee Day

Bajaj Finance said it will raise up to Rs 8,500 crore through qualified institutional placement.

Insiders went short on RBL after CCD chief’s news

On that day, RBL shares dipped 12 per cent — a fall that stunned many investors.

Kareena Kapoor Khan feels honoured to unveil T20 World Cup trophies in Melbourne

The women's tournament will be held from February 21 to March 8.

Muted Diwali demand, GDP growth may fall to 5.8%: BofAML

RBI will cut key rates by a further 0.15% in February review, over the 0.25% expected after the December meeting, BofA ML said. Economic growth has slipped to a six-year low of 5% for the June quarter and is expected to turn in lower than that in the September quarter. Lack of consumption is seen as one of the key factors pulling down growth.

Cotton exporters hope to resume trade with Pakistan

Indian merchants peg potential cotton exports from India to Pakistan at $1.5-2 billion.

Nine women scientists who are doing phenomenal work

These nine women scientists have aimed for the moon, dissected the brain and shattered glass ceilings.

As dollar flow resumes, 12 FPI-favourite stocks make solid short-term gains

Overall, 26 of BSE 500 stocks, with substantial FPI holdings, delivered double-digit returns.

Puravankara forays into co-living space; to develop first project in Mumbai

The Bengaluru-based company has identified a project in Goregaon, Mumbai to enter into this growing segment, its MD Ashish R Puravankara said.

Market Movers: What changed for Dalal Street while you were sleeping

Analysts said Nifty might have kicked off the next leg of up-move, where it is likely to scale fresh all-time highs in the short term

Pawar message to Sena: Ties with BJP and talks with NCP won't work

The BJP and the Shiv Sena are locked in a bitter tussle over sharing of the chief minister's post and ministerial portfolios in new government in Maharashtra. There has been no headway in government formation after results of the state Assembly polls were declared on October 24 in which the BJP won 105 seats, Shiv Sena-56, NCP- 54 and Congress-44.

Stocks in the news: DHFL, IPCA Labs, Jet Airways, HDFC and Alkem Labs

DHFL proposed a 35 per cent haircut to all lenders as part of its resolution plan.

If BJP-Sena fail, NCP will have to think of alternative: Jayant Patil

Patil, who is the NCP's Maharashtra unit chief, also said there was no need to impose President's rule in the state as people will not tolerate it. "We will be forced to think seriously about an alternative if the BJP and Shiv Sena fail to given any solution together," he told a news channel. Patil also said that, for the NCP, there was no question about supporting the BJP-Shiv Sena.

Rains in Mumbai Live news: Financial capital paralysed, Maharashtra government declares holiday

Long-distance trains from different parts of India, expected to reach Mumbai, have also been stranded at various locations due to incessant rains.

Global bond market looks to Modi for greater access to India

One big hurdle is removing India’s limits on foreign ownership of sovereign bonds.

Maha tussle: BJP welcomes Pawar's announcement to sit in oppn

Earlier in the day, Pawar told reporters that a BJP-Sena government was the only viable option in the state in the given scenario.

BJP climbs down, says doors open for talks

BJP indicated it was open to allocate Sena revenue, public works and cooperatives apart from other portfolios, while Sena had demanded the home and irrigation departments. BJP leaders said they will not part with home and were in two minds on parting with the irrigation portfolio as many water supply projects were executed by the department.

Don't compel us to look for alternative, Sanjay Raut warns ally BJP

Ever since the results were announced on October 24, there have been statements from sections in the Congress-NCP, though not officially, hinting that a move by the Sena to look beyond the BJP for govt formation may get positive feelers.

IndiGo run by board; if there’s anyone I talk to, it’s Chairman: Ronojoy Dutta

Ronojoy Dutta said the management is insulated from the promoters & is professionally run by the board.

Stocks in the news: BoB, HDIL, Aditya Birla Capital, Varun Beverages and MCX

The Union cabinet has approved a Rs 9,300 crore capital infusion in IDBI Bank.

Uddhav’s ‘sword-arm’ Sanjay Raut earns BJP-RSS ire

This is not the first time that BJP has asked the Sena to control Raut. Many BJP leaders have asked the Sena leadership to check Raut, especially his caustic criticism in the Saamana editorials. The editorials toned down for a while, but have assumed acerbic tones recently.

Stocks in the news: YES Bank, Coffee Day, DHFL, IB Housing and Hindalco

Uco Bank has approached the Life Insurance Corporation of India (LIC) to acquire up to 15 per cent stake in it.

Lok Sabha Elections news: Mukesh Ambani and family cast their votes in Mumbai

Mumbai: Reliance Industries Chairman Mukesh Ambani and his family cast their votes at a polling booth at Villa Theresa High School on Peddar Road in Mumbai. Mukesh Ambani has raised eyebrows by backing the opposition Congress candidate in his Mumbai constituency, although the BJP is not standing in that seat. Ambani has regularly spoken in support of Modi's BJP government and the Reliance Industries tycoon's son, Anant Ambani, attended a recent Modi rally.Lok Sabha Elections news: Mukesh Ambani and family cast their votes in Mumbai

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