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With the lockdowns being lifted in most parts of the country, Titan said it 'was able to operate most of its stores across all its divisions.'
Recovery and restoration of all applications and data is underway: Dr Reddy's

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Photo: Reuters
Photo: Reuters
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Market LIVE: Sensex dives 700 pts, Nifty breaches 11,700; banks drag

  • After a positive start, equity indices spiralled lower on Wednesday during the afternoon trade dragged by HDFC twins, ICICI Bank and Infosys

Analysts at Jefferies India Pvt. Ltd have pointed out that return ratios in L&T's non-core businesses have been lower compared to the core engineering business since FY04. (Mint)
Analysts at Jefferies India Pvt. Ltd have pointed out that return ratios in L&T's non-core businesses have been lower compared to the core engineering business since FY04. (Mint)

L&T’s special dividend proposal raises hopes of better capital allocation

  • L&T had announced that it will distribute a part of earnings from its deal with Schneider Electric among shareholders
  • Analysts' estimates on how much of this will be paid as special dividend range from 18 to 38 per share

Cryptocurrency could potentially provide RBI with a more sustainable low-cost domestic payments system than UPI or debit cards.istock
Cryptocurrency could potentially provide RBI with a more sustainable low-cost domestic payments system than UPI or debit cards.istock

How crypto is now making a comeback

In India, not only has RBI’s 2018 ban been reversed by the Supreme Court through a ruling in March 2020, but also the country’s famously conservative banking system is making nascent forays into the crypto space

Delhi Deputy CM Manish Sisodia.
The Tata plant, on the other hand, seems to be meant for components instead of overall smartphone assembly and manufacturing.
The Tata plant, on the other hand, seems to be meant for components instead of overall smartphone assembly and manufacturing.

Tata group to set up 5000 crore phone component making unit in TN: Report

  • Tata Sons company, Tata Electronics, has been allotted 500 acres by Tamil Nadu Industrial Development Corporation and that group firm Titan Co Ltd’s precision engineering division will provide expertise for this project

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Ant grew out of an online escrow service called Alipay that was created in 2004 within online retailer Alibaba Group Holding Ltd. (AP)
Ant grew out of an online escrow service called Alipay that was created in 2004 within online retailer Alibaba Group Holding Ltd. (AP)
wsj

Inside Ant, the company behind the world’s biggest IPO

  • Chinese fintech giant, the world’s most valuable startup, is about to make history with record-breaking IPOs in Hong Kong and Shanghai

Prime Minister Narendra Modi. (PTI)
Spicejet will now charge  ₹100 service fee from passengers if they to check-in at the airport.
IRCTC's Golden Chariot luxurious  train
A volunteer receiving vaccine shot under clinical trial of Pfizer's COVID-19 vaccine
While Airtel shares haven’t really budged since it reported impressive results for its Africa business, investors now need to grapple with the fact that the company has delivered strong results across various divisions (Photo: Mint)
New Delhi: Civil Defence volunteers hold a placard as part of a campaign 'Red Light On, Gaadi Off', launched by Delhi Government to tackle air pollution, in New Delhi, Monday, Oct. 26, 2020. (PTI Photo/Kamal Kishore)(PTI26-10-2020_000044B) (PTI)
New Delhi: Civil Defence volunteers hold a placard as part of a campaign 'Red Light On, Gaadi Off', launched by Delhi Government to tackle air pollution, in New Delhi, Monday, Oct. 26, 2020. (PTI Photo/Kamal Kishore)(PTI26-10-2020_000044B) (PTI)

Why covid lockdown was only a temporary respite from air pollution

  • Less economic activity and vehicular traffic due to the pandemic don’t seem to have made cities in northern India more breathable this winter

Tata Motors' consolidated net loss widened to  ₹307 crore in the September quarter due to the pandemic
Shatabdi Express
New Delhi: Porters, not adhering to social distancing norms, wait for passengers, outside New Delhi Railway Station (PTI)
Seaplanes have been in use since 19th century. (Twitter: @flySpiceShuttle)
Qatar Airways flight (AP)
Photo: Pradeep Gaur/Mint (MINT_PRINT)
Photo: Pradeep Gaur/Mint (MINT_PRINT)

Bharti Airtel shares jump 9% on strong Q2 earnings

  • A boom in remote work propelled a 58% year-on-year jump in data consumption at Bharti Airtel in the September quarter, helping India’s second-largest telco post record consolidated revenues, which offset the telco’s net loss during the quarter

Vector’s covid vaccine is a mix of short amino-acid chains, called peptides, that induce an immune response.
Vector’s covid vaccine is a mix of short amino-acid chains, called peptides, that induce an immune response.

Russia starts making second Covid-19 vaccine

  • Earlier this month, Russia had announced the approval of Vector’s covid vaccine
  • Russia has submitted applications to WHO for an Emergency Use Listing and prequalification of its Sputnik V coronavirus vaccine.

BigBasket saw strong tailwinds amid the covid pandemic.mint
Nambiar joins Cognizant from Ciena, a networking, systems, and software company
FILE Photo: An elderly woman shows a 500 rupee note after withdrawing from her Jan Dhan account, as the government releases the second installment of the COVID-19 lockdown relief fund, in Mathura. (PTI)
FILE Photo: An elderly woman shows a 500 rupee note after withdrawing from her Jan Dhan account, as the government releases the second installment of the COVID-19 lockdown relief fund, in Mathura. (PTI)

How PM Modi's Jan Dhan Yojana is also acting as a deterrent to crime

The average balance of Jan Dhan accounts increased to 3,400 in April and declined thereafter to 3,168 in September and now marginally increased to 3,185 in October 2020

Airtel on Tuesday said it is planning to exit the Ghanaian telecom market.
The potential merger would boost Kotak’s deposits by 81% to 4.7 trillion rupees, still way behind the likes of HDFC Bank Ltd.
The potential merger would boost Kotak’s deposits by 81% to 4.7 trillion rupees, still way behind the likes of HDFC Bank Ltd.

How India’s biggest bank merger would stack up in numbers

  • Talk of the merger and Kotak’s unexpected profit growth has already pushed the lender ahead of rival ICICI Bank Ltd.
  • If the deal goes ahead through a share swap at IndusInd’s current price, Kotak’s market value will soar by about 464.5 billion rupees

UK Vaccine Taskforce Chair Kate Bingham said that the global manufacturing capacity for vaccines is vastly inadequate for the billions of doses (AP)
UK Vaccine Taskforce Chair Kate Bingham said that the global manufacturing capacity for vaccines is vastly inadequate for the billions of doses (AP)

First generation of covid vaccine 'likely to be imperfect': UK Taskforce

'The first generation of vaccines is likely to be imperfect, and we should be prepared that they might not prevent infection but rather reduce symptoms, and, even then, might not work for everyone or for long,' UK Vaccine Taskforce Chair Kate Bingham said.

India's Prime Minister Narendra Modi gestures as he addresses his supporters during an election campaign meeting ahead of state assembly election in Dehri, eastern state of Bihar. (REUTERS)
India's Prime Minister Narendra Modi gestures as he addresses his supporters during an election campaign meeting ahead of state assembly election in Dehri, eastern state of Bihar. (REUTERS)

What’s at stake for PM Narendra Modi in India’s first state vote since covid-19

  • Bihar accounts for 212,355 of India’s 7.94 million confirmed cases, making it the 11th worst hit out of the country’s 28 states
  • PM Modi is the main face of the ruling coalition in Bihar and a great deal depends on his enduring popularity among voters.

Positions include managing employees, operating robots, and monitoring safety at facilities, the company say
Positions include managing employees, operating robots, and monitoring safety at facilities, the company say

Amazon to hire 100,000 seasonal employees

  • Amazon announced it is creating more than 100,000 jobs in operations such as packing and delivering orders for its 'peak season'
  • Positions include managing employees, operating robots, and monitoring safety at facilities, the company say

Laddering is like investing in a systemic investment plan where you get to average the cost of purchase by buying small amounts regularly
Five of the eight high-frequency indicators, including exports, tracked by Bloomberg News improved last month, while three were steady (MINT_PRINT)
Five of the eight high-frequency indicators, including exports, tracked by Bloomberg News improved last month, while three were steady (MINT_PRINT)

Indian economy accelerates in September as animal spirits soar

India’s economy picked up speed in September as a revival in demand and business activity helped drive the South Asian nation toward recovery from the pandemic-induced slump.

LJP Chief Chirag Paswan. (ANI)
Equitas Small Finance Bank latest FD interest rates. (Mint)
Entrance of Raohe Street Night Market in Taipei
Entrance of Raohe Street Night Market in Taipei

We should keep a close watch of China’s dual circulation strategy

India could well take advantage of Beijing’s plan to reorient its economy towards domestic demand and sophisticated sectors

RBI expects Indian banks to maintain a CRAR of 9% (MINT_PRINT)
Gold rates today: On MCX, prices fell to  ₹50,860 per 10 gram
Voting for the first phase of Bihar Elections began today. (ANI)
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