Hindujas, Cerberus will partner to bid for Yes Bank stake

• Yes Bank has been struggling to raise capital for the past few months, amid concerns about the quality of its assets and its exposure to the stressed shadow banking sector

IRCTC stock zooms 500% over IPO price in four months

• On a standalone basis, IRCTC's net profit jumped 179.6% to ₹205.80 crore in Q3
• Revenue from internet ticketing segment surged 310.16% YoY to ₹226.90 crore

India will not 'rush into' a trade deal with US: MEA

• Around five MoUs are under discussion, MEA spokesman Raveesh Kumar said
• Issue related to H1-B visa will figure during PM Modi- Donald Trump talks, says the MEA spokesman

Coronavirus Live update: spike protein used to invade human cells mapped

• The death toll from the coronavirus outbreak in China has climbed to 2,118 as 114 more people died of the deadly infection on Wednesday, while the overall confirmed cases increased to 74,576
• US scientists create 1st 3D map of the protein used by the deadly virus to invade to and infect the human cells, a critical step toward developing vaccine and treatments

Crisil cuts Vodafone Idea NCD rating, cites likely lack of relief on AGR dues

• Vodafone Idea on Monday paid ₹2,500 crore towards dues related to AGR, will pay ₹1,000 crore more by Friday
• Vodafone owes ₹50,000 crore in AGR dues

Govt probe finds no major irregularities in Indiabulls group: Report

• The registrar of companies in its third inspection report has said all transactions between various units of the group have been at arms’ length: Report

SBI Cards IPO to open for subscription on March 2

• SBI Cards plans to issue new shares worth ₹500 crore and will offer up to 130.5 million shares for sale, the prospectus, showed

MG Motors India received 50,000 bookings for Hector in just eight months

• The company has managed to sell 20,000 units of MG Hector in total
• MG Motors will also be launching a six-seater version of the car

Aurobindo Pharma gathers pace, but new launches in US remain key

• The Street was positively surprised with the US FDA’s voluntary action initiated
• Investors now focus on how fast the company closes acquisition of Sandoz

India's first coronavirus patient discharged from Kerala hospital

• The woman, India's first coronavirus patient, had been undergoing treatment in the isolation ward of the Medical College Hospital in Thrissur since her return from Wuhan in China last month.

India Inc’s Q3 numbers miss expectations, signal slow recovery ahead

• Net sales of Nifty 50 firms fell 2% in Q3, the second straight quarter of decline
• Automakers were hit particularly on account of low volumes due to the BS-VI transition

Ola 'Emergency Button' now integrated with Bengaluru police app

• The integration will let users share their ride-information including driver and car details with the city police
• This is the second city after Hyderabad where Ola implemented this feature

Lenovo launches wireless headphones at ₹2,499

• The headphones are right now available on Amazon
• It comes equipped with dual EQ mode, and there is also a standard mode

Axis Bank, Max Financial Services in pact to explore partnership with Max Life

• Max Life is the largest non-bank owned private life insurer in India
• Axis Bank, Max Life have had a successful bancassurace arrangement for nearly a decade

Marine One reaches India. 7 amazing facts about world's most powerful helicopter

• The President on board the Marine One is always greeted by a marine in full dress no matter where the helicopter lands under the sun
• The Marine One flies with as many as 5 identical helicopters

Twitter latest feature: Now, connect fresh tweets to older ones faster

• Twitter's new feature is a new way to create faster tweet threads
• The micro-blogging site has recently acquired California-based creator of Stories template, Chroma Labs

Deutsche Bank boosts loans to cash-strapped tycoons in India

• Goldman Sachs Group Inc. and Apollo Global Management Inc. are among the other global firms to have spotted similar opportunities in India’s bad-debt woes

Why India’s states are antsy about money

• How much money gets spent by the Centre and each state just got decided. Here’s how and why it matters to you
• If the less-than-expected tax buoyancy continues, states will feel more anxious, especially with GST having the unintended effect of creating a new Centre-state fault line

Donald Trump visit highlight to be $2.6 billion deal for Seahawk helicopters

• Trump and Modi are to address a public meeting at Motera stadium—billed to be the world’s largest cricket stadium
• The defence deal is likely to be the highlight of the visit given that a limited trade deal the two sides were looking to clinch is not expected to happen

Ronaldo’s tweets earn most of any athlete, but where does Virat Kohli rank

• First non-footballer to be on the list is Los Angeles Lakers’ forward and three time NBA winner Lebron James
• First female on the list is 23-time grand slam champion Serena Williams

RIL, TCS drag Sensex 152 points lower, Nifty closes below 12,100

• Indian equity markets had opened flat tracking global markets but ended lower
• Sensex and Nifty fell 0.4% each to 41,170.12 and 12,080.85 respectively

Microsoft all-in-one Office app with Word, Excel, PowerPoint now on iOS

• The new Office app requires far less phone storage than installing individual apps
• Microsoft also mentioned three new features that will be rolled out on both Android and iOS devices really soon: details here

Here’s how the interiors of Hyundai Creta will look like

• Sketches reveal the entire dashboard as well as the two rows of seating, including the boot space
• Hyundai is expected to start accepting bookings for the new Creta ahead of the price reveal on 17 March

How India’s top local streamer is battling Netflix and Disney's Hotstar

• Zee5, the top domestic streaming platform set up by India’s biggest television broadcaster, is betting on local content
• There are 22 official languages in India, creating a broad battlefield for niche audiences.

FMS Delhi MBA student bags ₹58 lakh salary offer during campus placement

• FMS Delhi students bagged an average salary package of over ₹25 lakh
• Recruiters included the likes of Amazon, Google and Microsoft

Coronavirus: 6 Chinese screened in Shimla, IAF evacuation flight delayed

• More than 620 of the passengers on the Diamond Princess liner have been infected on the ship
• China’s banks lowered the benchmark borrowing costs for loans as Beijing seeks to blunt the economic impact of the outbreak

Android 11 is live, here are the interesting features so far

• This is the first time the first developer preview has been made public before March
• Android 11 brings new features but doesn’t change the user interface for operating system

New Hyundai i20 pictures, features, interiors revealed officially

• The Indian version of Hyundai i20 might come with a different set of features
• The i20 will be globally unveiled at the Geneva Motor Show on March 3

Patient plays violin during unusual brain surgery as doctors monitor her actions

• Turner, a 53-year-old musician was diagnosed in 2013 with a slow-growing tumour after suffering a seizure during a concert
• The medical team proposed that Turner be woken up midway through the procedure so she could play and be monitored

Indian cleaner in Dubai steals watches worth $2 million

• The 26-year-old cleaner, who is currently detained, is accused of stealing the valuables from a watch and jewellery shop where he worked
• Two Pakistani men (cousins), aged 44 and 25, both fugitives, were also on trial in absentia for possession of the stolen watches

Gold prices today hit record highs for third day in a row, silver rates jump

• The investment demand for gold continues to grow
• Silver rates also moved higher today

India 'bigger problem' than China on reducing carbon emissions: Mike Bloomberg

• Bloomberg said it was 'ridiculous' of the Trump administration to take the US out of the 2015 Paris climate agreement
• He was asked about his business which is heavily invested in China, the number one producer of carbon emissions in the world

Shooting down the ceiling - women in the army

Women now have permanent commission in the Indian Army but remain a long way from equal representation in the armed forces, suggests data

Anand Vihar railway station gets new facilities

• Anand Vihar railway station now has a massage kiosk as well as a new waiting lounge for train passengers
• The Railways has also started two new shops inside the station

As US visa rules tighten, Canada is giving permanent residency to more Indians

• The number of Indians who became permanent residents in Canada doubled in 2019
• Some Indians wary about racism and gun culture in America also feel relieved to look at Canada

DMRC extends e-rickshaw services to 12 more metro stations

• With this addition, the number of e-rickshaws has gone beyond 1,000 covering 29 metro stations
• The fares of these e-rickshaws have been kept very nominal at a base price of ₹10 for the first 2-km

India's 'first 5G smartphone' likely to cost ₹50,000

• A leading website, which compares mobile phones, estimates that the price of 5G smartphone handset with a lower chipset version could be available at ₹25,790 per unit
• iQOO 3, a new smartphone brand from China, is also likely to announce its 5G phone on February 25

Victoria's Secret to go private at $1.1 billion valuation

• Leslie Wexner is expected to step down as L Brands chairman and CEO after selling control of lingerie brand
• L Brands ended Wednesday with a market capitalization of around $7 billion, down from $29 billion at its peak in 2015

GST paid on life, health cover premiums are eligible for tax deduction benefits

• When you pay a premium for a life or health policy, you also have to pay GST, which effectively increases the overall premium
• You have to pay GST at the rate of 18% on health insurance policies

Can solar power compete with coal? In India, it’s gaining ground

Electricity from sunlight costs less to generate in India than from coal, a sign the clean-energy source will play a big role as developing nations build out their power grids

PAN card not valid as proof of citizenship: Court

• Gauhati High Court has observed that PAN card and bank documents are not proofs of citizenship
• Certificates issued by a 'Gaon Bura' or village headman also cannot be the proof of citizenship

Stocks to Watch: Vodafone Idea, Asian Paints, Bharti Airtel, Axis Bank, GAIL

• Brickwork Ratings has downgraded its rating for Vodafone Idea's NCDs worth ₹2,500 crore from BWR BBB- to BWR BB-
• Asian Paints board will meet on 25 February to consider and approve payment of second interim dividend FY20

IndiGo offers flight tickets from ₹999 in sale

• IndiGo's ₹999 flight ticket offer is valid till 23 February
• IndiGo's cheapest fare starts at ₹3,499 for international travel

Mint50: Hand-picked mutual funds to build your portfolio

Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns

Xiaomi may launch smart masks that collect real-time data of air you breathe

• The sensor would record data such as total wearing time, pollution absorption, breathing volume and breath counts
• There is also a built-in battery that powers the standard air filter

Google users in UK said to lose EU data protection over Brexit

• Google intends to require its British users to acknowledge new terms of service including the new jurisdiction
• Ireland, where Google and other US tech companies have their European headquarters, is staying in the EU,

Kashi Mahakal Express: Commercial run begins today, detail of tour package here

• Kashi Mahakal Express will have an advance reservation period of 120 days
• Kashi Mahakal Express will provide a host of facilities and services to the passengers on-board

Four 5-star hotels in Mumbai receive bomb threat

• Four five-star hotels in Mumbai have received a bomb threat over e-mail, Mumbai Police said
• The sender of the email claimed to be from Lashkar-e-Taiba, police said

TikTok a preferred choice for brands, says India head Nikhil Gandhi

• ‘Short-form ads drive disruption and are arguably the most common form of advertising we are involved with.’
• TikTok allows brands to effectively connect with audiences across the length and breadth of the country, in an interesting format

Five health insurance terms you must know before buying policy

• Duration of waiting period varies from insurer to insurer
• Some policies come with co-payment clause

Petrol, diesel prices likely to rise once again. Check today's rates

• Petrol prices have touched a new 5-month low
• Petrol and diesel rates could rise this week as crude oil prices spike

Twenty feared dead as bus collides with truck in Tamil Nadu

• Preliminary reports indicate the container lorry was on the wrong side of the road.
• Most of the casualties were natives of Palakkad, Thrissur and Ernakulum

Larry Tesler, inventor of 'cut, copy and paste' command dies

• Larry Tesler spent 17 years at Apple, rising to chief scientist
• The cut and paste command was reportedly inspired by old time editing

Shubham Housing to raise ₹1,000 crore

• Fundraise will see three PE firms dilute or sell their entire stake
• Shubham Housing is looking to raise about ₹700 cr worth of primary capital for business expansion

India to switch to world's cleanest petrol, diesel from April 1

• State-owned oil refineries spent about ₹35,000 crore to upgrade plants that could produce ultra-low sulphur fuel
• This investment is on top of ₹60,000 crore they spent on refinery upgrades in the previous switchovers.

Britain's new visa system: How many points do you need?

The British govt has outlined a new visa system to manage the flow of workers into the country. Here are details of the points-based system which will be applied from 1 January 2021

Mutual funds that can replace your traditional investments

• Different mutual fund categories can serve various short- and long-term needs
• Before switching from traditional instruments to certain mutual fund categories, consider their suitability