Stocks to Watch: Infosys, Yes Bank, Tata Motors, Lupin, Vodafone Idea

• Shares of Infosys will be in limelight after the company received a second undated whistleblower letter
• Tata Motors on Tuesday reported a 19% decline in global wholesale numbers

Munjal, Kothari in talks to buy 10% each in Yes Bank

• Cash-starved lender could get up to ₹3,500 cr if investments go through
• Yes Bank is in desperate need of money to stay compliant with RBI’s capital adequacy norms

Trump barks at Fed but offers no fresh details on trade in New York speech

• Trump said he reversed policies imposed by his predecessors that restrained the economy
• Trump also said that India and China were taking advantage of the US by being designated developing countries

How to decode mutual fund returns

• Know what to look for and what to discount while assessing the past performance of a mutual fund
• In the absence of rolling return data, look at calendar year performances and trailing returns

Maharashtra comes under President’s rule; Shiv Sena moves SC

• None of the major political parties in the state have been able to find the required numbers in the assembly
• During the day, Sharad Pawar met all 54 NCP MLAs before holding a meeting with the visiting Congress team

India venture faces collapse: Vodafone CEO

• Vodafone Idea was ordered by the Supreme Court to pay $4 billion of fees in past dues last month
• Vodafone, which owns 45% of Vodafone Idea, wants a two-year delay on spectrum payments and lower license fees and taxes

Banks Board Bureau recommends 3 names for MD&CEO post at BoB, Canara Bank, BoI

• Sanjeev Chadha has been recommended for Bank of Baroda , L.V. Prabhakar for Canara Bank and Atanu Kumar Das for Bank of India
• P.S. Jayakumar ceased to be BoB's MD & CEO with effect from 12 Oct, 2019 upon expiry of his term

Infosys CEO hit by more charges in second whistleblower letter

• When the first letter became public on 22 Oct, shares of Infosys tumbled about 16% to close at ₹643.55 on BSE
• The whistleblower has accused Salil Parekh of eroding the value systems of the company

Airtel submits bids for RCom spectrum; Jio seeks deadline extension by 10 days

• Airtel has placed conditional bid to buy spectrum of Reliance Communications while Bharti Infratel has submitted bids for mobile towers, a Bharti spokesperson said
• Sources say a total of six bids have come for assets of Anil Ambani-led RCom on Monday

Amazon launches 'Project Zero' in India to block counterfeit goods

• Project Zero introduces additional proactive mechanisms and powerful tools to identify, block and remove counterfeits, Amazon said
• Over 7,000 brands have already enrolled in Project Zero across US, Europe and Japan

Some of the world’s richest brace for a major stock sell-off in 2020

• Wealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management
• The US-China trade conflict is their top geopolitical concern, while the upcoming American presidential election is seen as another significant threat to portfolios

We asked for 48 hrs but Governor gave us six months: Uddhav on President's rule

• 'Sharing the post of CM was decided before polls but the BJP lied and made me look like a liar,' said the Shiv Sena chief
• 'I am finding out how parties with different ideologies forged alliances with BJP,' said Uddhav on possible tie- up with Congress and NCP

Opinion | There are thickets of red tape to be cleared

Modi has put the bureaucracy on notice for its poor performance over his first term. It is evident that the IAS is in need of thorough reforms. Let’s begin with its incentive structure

War of words in Andhra over shift to English medium in govt schools

• TDP says Andhra Pradesh should stick to Telugu medium schools to protect itself from cultural degradation
• CM Jagan Mohan Reddy hits back at his political opponents, asking them pointedly whether they sent their children to Telugu medium schools

With weak manufacturing hurting GDP, can services be the saviour?

• With IIP shrinking further, India’s GDP for second quarter is likely to be weaker than anticipated
• Analysts expect services sector to see a faster improvement than manufacturing, aiding overall growth

Higher realizations at Coal India from FSA deals spark the fire in Sep quarter

• Realizations on coal sold via fuel supply agreement route have risen by nearly 10% over the same period last year
• FSA realization at ₹1,438 per tonne, is the highest-ever on sharpening focus on non-power consumers, said analysts

As power demand trips on thermal circuit, recovery could be slow and damp

• Power generation fell 2% during April-October 2019, the first such fall in at least a decade, shows data from the Central Electricity Authority
• Part of the fall can be attributed to adequate rainfall, which apart from reducing temperatures has lowered demand from the agriculture sector

Battery makers’ margins shine but face risk of hardening lead prices

• The core business of automotive batteries fared well, riding on double-digit y-o-y growth in replacement market
• Industrial battery sales grew reasonably well, led by uninterrupted power supply systems

A week after India pulls out of RCEP, Modi to meet Xi in Brasilia

• The scheduled meeting comes a month after the two leaders met at Mamallapuram near Chennai
• India and China are yet to publically announce dates for the first Hu-Sitharaman meeting that would also discuss India’s concerns on RCEP

Opinion | Lighten India’s debt burden to give growth a chance

Stretched balance sheets of households, corporates and the government are impeding a growth recovery

Indian Oil Corp in talks with Rosneft to import Russian oil

• Oil minister Dharmendra Pradhan said late on Monday that India is open to importing oil from Russia
• India, the world's third-biggest oil importer and consumer, ships in about 60% of its overall crude needs from the middle eastern countries

Elon Musk says Tesla plans to build next factory near Berlin

• Tesla will establish an engineering and design center near Berlin’s new airport, Elon Musk said
• Musk is laying the groundwork for his next plant just as Tesla is preparing to start sales of cars built on the outskirts of Shanghai

Already 'severe', Delhi's pollution likely to enter 'emergency' zone today

• The pollution levels in Delhi-NCR are expected to enter the 'severe plus' or 'emergency' category today, said SAFAR
• The spike in pollution came on a day the Delhi government lifted restrictions under its odd-even road rationing scheme

Mastodon looking for moderators speaking Tamil, Bengali: Founder

Mastodon’s German founder Eugen Rochko explains how his platform is coping with the sudden rise in Indian users

Donald Trump, Apple CEO Tim Cook to tour Apple operations in Texas

• The trip, which has not yet been announced, would highlight Tim Cook's strong relationship with Donald Trump
• The visit will not be Trump's first trip to the Lone Star state to tout US manufacturing jobs

McDonald's workers sue over sexual harassment, 'toxic' work culture

• The proposed class action lawsuit filed in a Michigan state court accused McDonald's of lacking policies to address sexual harassment
• McDonald's said in a statement it is implementing safe-workplace training at its corporate-owned restaurants, and encouraging franchisees to do the same

28 developing nations back India on OECD tax proposal

• Grouping believes new global rules to tax tech giants give undue taxation rights to US
• Plan aims to prevent MNCs artificially showing profits in low-tax countries instead of where deal happens

Facebook Pay will let you send money on WhatsApp, Instagram

• Facebook said the service would allow users to send money or make a payment
• Facebook users will be able to make the payment through security options such as PIN or biometrics on their smartphones

Variable transfer plans let you invest more when markets are low

Variable transfer plans allow you to invest more when markets and valuations are down as opposed to an equated instalment under the SIP route, enabling you to benefit better from rupee-cost averaging

Apple set to launch MacBook Pro with bigger screen, new Keyboard

• This will be the first major update since the MacBook Pro line was redesigned three years ago
• The display will likely appeal to video and photo editors, gamers and software developers

Jewellery deposit schemes are more glitter than gold

• Jewellery schemes are not well-regulated, so it’s better to go for safer alternatives
• The scheme lets customers accumulate money to buy gold, but there are other safer investing options

Rising onion prices fueling inflation, not rates

• An overwhelming majority of data have pointed to continued weakness in the economy that expanded 5% in the quarter ended June
• The inflation-targeting RBI expects food prices to stabilize

An ancestral property becomes self-acquired after its partition

• All legal heirs including daughters are entitled to an equal share in the joint Hindu family property
• Whenever an ancestor inherits any property from any of his paternal ancestors up to 3 generations above him, then his legal heirs up to 3 generations below him would get an equal right as coparceners in that property

Best health plans for a sum insured of ₹20 lakh for 30 and 45 year olds

• Here is a comparison of top health insurance plans for different sum assured and across different age groups
• Only the A-rated health insurance plans have been shown here

Can e-learning be a substitute for the classroom?

• The last few years have seen the growth of several online education platforms that have sought to supplement traditional education.
• Is it possible that they can emerge as viable substitutes? Mint takes a look.

India finally join the pink-ball party in Bangladesh series

• While there may be some apprehension about using the pink ball for the first time they are unlikely to lose any sleep about facing a team in disarray
• India are without Jasprit Bumrah, but Mohammed Shami and Umesh Yadav ensured the pace spearhead was not missed against South Africa

In streaming wars, Disney reaches beyond families

• Disney plans to rope in 60-90 mn users in five years, targeting adults who don’t have kids at home
• Disney’s marketing force is reaching beyond its traditional family audience to send a message that its $7-a-month subscription service Disney+ offers something for all ages

Govt will ensure J&K farmers get fair value for premium crops: FM

• Centre is in talks with the states to reject APMCs and adopt e-NAM to ensure farmers get fair value for their produce
• The govt’s efforts to woo the people of the youngest Union territories of J&K and Ladakh is part of its plans to integrate the region more closely with the rest of India

State-owned fuel firms wary as India opens up oil retail market

• The move to allow all firms with a net worth of ₹250 crore to set up fuel retail outlets aims to boost investment
• The change in the fuel retail policy will definitely lead to an increase in competition and the customers will benefit, IOC chairman said

Smart user’s guide to the snooping game

The WhatsApp hack has put the spotlight on surveillance abuse in India. Here’s how you can try to stay ahead

AIMIM may contest 50% seats in Jharkhand

• So far, AIMIM has announced only three names for Jharkhand polls, which will take place in 5 phases from 30 Nov
• The party will contest the elections on its own

Creditors approve sale of IL&FS’ education biz to Career Point

• Career Point will now get 80% ownership in IL&FS Skills Development Corp., held by Schoolnet India
• The development represents another key milestone in the overall resolution for the IL&FS Group under the new board

Need to adopt cautious approach to avoid inviability of rise in outlets

Opening up the fuel retail sector may open the floodgates for investors, the government needs to adopt a cautious approach as opening an uncontrolled number of outlets may led to inviability of many existing as well as new outlets

Some e-tailers indulge in predatory pricing: Piyush Goyal

• Such steps adversely affect millions of small retailers, says trade minister
• E-commerce is a marketplace platform. These firms have no right to discount their products

Short of funds, hyperlocal delivery firms eye merger with bigger rivals

• Milk and grocery delivery startups are finding it difficult to scale up without significant equity funding
• tapping into this space, BigBasket is now in talks to acquire milk-delivery platform DailyNinja

Hong Kong protest violence hits universities, business district

• Hong Kong police fired tear gas in city's financial district on Tuesday afternoon for second straight day after demonstrators blocked roads, disrupted the morning commute and clashed with police
• At Chinese University of Hong Kong police fired multiple volleys of tear gas and rubber bullets at hundreds of protesters

Airbnb counts India among its top three fastest growing EMs

• Airbnb’s Greg Greeley says Europe and North America are the largest markets for us but from an emerging economy standpoint, India is in the top three and growing one of the fastest
• India’s popularity on the platform is growing, with Kerala emerging among the top 20 global destinations for 2020 in a study by Airbnb

Congress, NCP discussed what could be common minimum programme, policies: Pawar

• No final decision can be taken without formulation of common minimum program between Cong, NCP and Sena, said Congress leader Ahmed Patel at joint presser with NCP
• Before deciding on Sena's proposal seeking support, there should be clarity on all issues, both the parties said

Strike at Honda Motorcycles’ Manesar plant enters eighth day

• The company had laid off almost 600 temporary workers over the last few months, citing falling demand, which prompted the worker’s union to opt for a sit-in
• The workers’ demands have not been accepted, but negotiations are on with the company management

Consumer goods firms tap promotions to drive up volumes

• Falling input costs of raw materials in the past few quarters have also enabled firms to pass on benefits to buyers
• FMCGs are likely to post their worst revenue growth in 15 years as the slowdown intensifies on lower farm income, liquidity crunch and rising unemployment

Protectionism should worry India

Among large economies, the US and India have imposed the most trade restrictions in the past three years to promote domestic manufacturing, data shows

Disney+ goes live with some hiccups marring a smooth rollout

• Some users reported trouble getting the app to work as soon as they tried to log on in the early hours of Tuesday morning
• Priced at $7 a month, Disney+ is a bet that the company can attract as many as 90 million subscribers worldwide in five years