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'The company's ability to continue as going concern is dependent on obtaining the reliefs from the government': Vodafone Idea
Long Reads
The Sensex was up over 300 points
RBI’s ineffectiveness in ensuring monetary policy transmission has also been a subject of debate (Photo: PTI)

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Plain Facts
Not withdrawal from RCEP, but protectionism in India can end up hurting industry and consumers in the long run (Photo: Mint)

Protectionism should worry India

4 min read . 12 Nov 2019
Not every child entitled to mid-day meals gets it. A survey shows  82% children in govt schools received mid-day meals (Photo: Mint)

The case for mid-day meals for all

3 min read . 11 Nov 2019
A file photo of Bandra Worli Sea link (Photo: Hindustan Times)

Which is India’s most livable city?

3 min read . 10 Nov 2019
Axis Small Cap fund has delivered a return of around 22% over the past one year. Photo: Mint
Axis Small Cap fund has delivered a return of around 22% over the past one year. Photo: Mint

Axis Small Cap fund outperforms in last one year. But is that enough?

  • Most of the funds in the small cap category are in negative territory over this period
  • Going by one year's track record, the fund's outperformance looks impressive, but investors shouldn't lose sight of the fact that equities are long term vehicle of investments

Resident individuals are allowed to remit an aggregate sum of $250,000 per financial year (April to March) under the LRS of RBI (AP)
Moody's Investors Service affirmed Baa2 domestic long-term issuer rating and foreign currency senior unsecured rating for RIL. (Photo: Hindustan Times)
Moody's Investors Service affirmed Baa2 domestic long-term issuer rating and foreign currency senior unsecured rating for RIL. (Photo: Hindustan Times)

Stocks to Watch: Bharti Airtel, Vedanta, Vodafone Idea, IOC, RIL, Fortis

  • Shares of IOC will be in focus as the government is planning to reduce stake in the firm below 51%
  • Vodafone Idea and Bharti Airtel posted quarterly loss of 50,922 crore and 23,045 crore respectively on Thursday

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Ujjivan Small Finance Bank plans to sell shares worth  ₹1,200 crore through the initial public offering.  (Photo: Reuters)
Gainers & Losers
India must keep the RCEP option open as long as possible, while pushing domestic businesses and sectors to become globally competitive for world trade success. (Photo: Aniruddha Chowdhury/Mint.)
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Odd-Even scheme: The air pollution levels in Delhi and its adjoining areas remained in the 'severe' category for the third consecutive day. (Hindustan Times)
Odd-Even scheme: The air pollution levels in Delhi and its adjoining areas remained in the 'severe' category for the third consecutive day. (Hindustan Times)

Odd-Even scheme ends today, decision on extension on Monday

  • A decision on extending the odd-even scheme in Delhi will be taken on Monday, says Arvind Kejriwal
  • In an attempt to tackle pollution, the odd-even scheme began in the national capital on November 4

Walmart was bullish on record sales it achieved during Flipkart's 'The Big Billion Day' festive sales in India.
Walmart was bullish on record sales it achieved during Flipkart's 'The Big Billion Day' festive sales in India.

Flipkart acquisition continues to hit Walmart International

  • As expected, the inclusion of Flipkart negatively affected operating income, Walmart said
  • The inclusion of Flipkart and strength in Walmex and China were partially offset by softness in the UK

Gold price today: On MCX, rates were below  ₹38,000 per 10 gram
Rohan Murthy used to work as Narayana Murthy’s executive assistant once upon a time in Infosys. (Aniruddha Chowdhury/Mint)
Rohan Murthy used to work as Narayana Murthy’s executive assistant once upon a time in Infosys. (Aniruddha Chowdhury/Mint)

Rohan Murty to get married next month

  • As the only son, Rohan Murty, holds substantial number of shares of Infosys along with his parents
  • Rohan's net worth is estimated to be $500 million

SoftBank’s Masayoshi Son issued a rare apology last week, saying his judgement on WeWork was ‘poor’
SoftBank’s Masayoshi Son issued a rare apology last week, saying his judgement on WeWork was ‘poor’

Fallout of Softbank’s big reality check

  • The Japanese giant’s woes will have an impact on the global startup ecosystem. We take a look at its India portfolio
  • SoftBank is a large investor in 9 unicorns—out of 20 firms that became unicorns in the past 5 years — with its most valuable holdings being Oyo, Ola, Paytm. But investments have slowed

A file photo of a Rafale fighter jet. The Congress has alleged that a ‘huge scam’ was brewing in the NDA government over the deal to purchase 36 Rafale fighter jets from France. Photo: Reuters
A file photo of a Rafale fighter jet. The Congress has alleged that a ‘huge scam’ was brewing in the NDA government over the deal to purchase 36 Rafale fighter jets from France. Photo: Reuters

SC ruling ends Indian Air Force’s 12-year wait for a ‘game changer’

  • The IAF has been looking forward to inducting the French-made planes to bolster its fast-depleting fleet
  • India is the fourth country after France, Egypt and Qatar to fly the Rafale produced by Dassault Aviation SA

File photo: Chinese President Xi Jinping and Prime Minister Narendra Modi  (REUTERS)
File photo: Chinese President Xi Jinping and Prime Minister Narendra Modi (REUTERS)

India-China trade panel to meet soon

  • Hu and Sitharaman could explore an ‘auto-trigger’ mechanism to check import surges from China
  • If the two Asian giants manage to reach common ground, it could provide India with the opportunity to negotiate its terms with the 16-member trade block

Photo: Mint
The earnings come three weeks after the top court rejected the telcos’ contention to exclude revenue from non-core operations
The earnings come three weeks after the top court rejected the telcos’ contention to exclude revenue from non-core operations

Airtel, Vodafone Idea post record losses in Q2

  • Airtel reported 23,045 crore loss, while Vodafone Idea’s loss was 50,922 crore
  • Bharti Airtel’s loss exceeded its consolidated revenue from operations, which grew 4.9% from a year earlier

BJP believes that UCC would lead to gender equality and also protect rights of all women.
In Bengaluru, you are charged  ₹76.15 a litre for petrol and  ₹68.03 for diesel. In Mumbai, petrol is priced at  ₹79.30 and  ₹69.01.
According to the new rates, a cup of tea will now cost  ₹35 in AC first of Rajdhani, Shatabdi and Duronto trains. (HT)
BSNL VRS scheme was launched on November 4
New design locomotive ready for dispatch
No leader from other Opposition parties has come out in support of former Congress president Rahul Gandhi.
No leader from other Opposition parties has come out in support of former Congress president Rahul Gandhi.

Congress in a tight spot after SC pulls up Rahul Gandhi

  • The verdict could hurt party’s poll prospects, even as it braces for a lonely battle in Parliament
  • The Congress had tried to make the alleged graft in the Rafale deal a major issue during the 2019 general election

Around 58,322 income tax cases have been selected under the National e-Assessment Center, the CBDT chief said (Photo: Mint)
Around 58,322 income tax cases have been selected under the National e-Assessment Center, the CBDT chief said (Photo: Mint)

Direct tax collections at 6 tn so far, less than 50% of 13.35 tn target

  • Efforts are made towards tax collection and I have full confidence that we will reach the target set in the Budget, said the CBDT chief
  • The I-T department has also launched a faceless e-assessment scheme to eliminate interface between an assessing officer and a taxpayer

A file photo of Malvinder Singh, ex-Fortis Healthcare promoter (Mint)
A file photo of Malvinder Singh, ex-Fortis Healthcare promoter (Mint)

Malvinder Singh, former Fortis Healthcare promoter, arrested

  • Malvinder Singh and Godhwani are accused of laundering money, punishable under sections 3 and 4 of the Prevention of Money Laundering Act
  • Both Singh, Godhwani will be produced before a metropolitan magistrate in the prison, when the ED is likely to seek their custodial interrogation

India directly holds 51.5% in Indian Oil, and another 25.9% through state-run Life Insurance Corp. of India, and explorers Oil & Natural Gas Corp. and Oil India Ltd (Photo: Priyanka Parashar/Mint)
India directly holds 51.5% in Indian Oil, and another 25.9% through state-run Life Insurance Corp. of India, and explorers Oil & Natural Gas Corp. and Oil India Ltd (Photo: Priyanka Parashar/Mint)

Govt considers cutting stake in Indian Oil to below 51%

  • Government can sell as much as 26.4% its holding in Indian Oil — valued at about 33,000 crore — and still retain indirect control
  • Shares of Indian Oil have dropped 3.8% this year. The broader benchmark S&P BSE Sensex has risen 11.4% in the period

Using Aadhaar-based OTP is the easiest way to complete the verification process of ITR. (Photo: Pradeep Gaur/Mint)
Moody's retained the country's foreign and local currency ratings at 'Baa2'
Adani Properties has acquired the shares from Mauritius based Bid Services Division and ACSA Global Ltd. (PTI)
Adani Properties has acquired the shares from Mauritius based Bid Services Division and ACSA Global Ltd. (PTI)

CCI approves Adani's 23.5% stake-buy in Mumbai International Airport

  • Adani Properties has acquired the shares from Mauritius based Bid Services Division and ACSA Global Ltd
  • Bank of Baroda and BNP Paribas Asset Management in a joint statement in October had said they entered into binding agreements

Once the discharge summary and hospital bills are sent to the insurer, it will scrutinize the bills before settling them (Mint)
Walmart had picked up 77% stake in Flipkart for $16 billion last year. (AP)
Flipkart co-founder Sachin Bansal.  (Mint )