Russian Direct Investment Fund inked a deal with Dr. Reddy's Laboratories to conduct a clinical trial and distribution of Sputnik V in India (Bloomberg)
(Photo: Reuters)
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Air India
Air India

Govt revamps Air India sale terms

  • As per the new offer, Air India will be offered on its enterprise value and bidders can quote the level of debt they are comfortable with
  • The move is to make the offer as flexible and market linked as possible, senior officials from civil aviation and finance ministries explained

The base minimum airfare of domestic flights ranges from  ₹2,000 to  ₹6,500
Moderna's experimental COVID-19 vaccine is currently being tested in a large human trial (REUTERS)
Moderna's experimental COVID-19 vaccine is currently being tested in a large human trial (REUTERS)

Moderna says preparing for COVID-19 vaccine launch

  • The COVID-19 vaccine was generally well-tolerated across all age groups and induced rapid and strong immune responses, a study shows
  • Dubbed as mRNA-1273, the vaccine has been developed by Moderna in partnership with the US government’s National Institutes of Health

Investors also are contending with a busy week for earnings reports, with releases later in the day from tech giants Apple, Amazon, Alphabet and Facebook (AP)
Investors also are contending with a busy week for earnings reports, with releases later in the day from tech giants Apple, Amazon, Alphabet and Facebook (AP)

Wall Street update: US stocks mostly up in choppy trading after GDP data

  • Wall Street stocks were mostly higher early Thursday as investors weighed better US economic data against worries
  • A separate set of data showed weekly unemployment claims fell more than expected in the latest week

Thursday’s estimate of GDP growth is the last major economic report before Election Day (AFP)
Thursday’s estimate of GDP growth is the last major economic report before Election Day (AFP)

US GDP rebounded to grow at record 33% in Sept quarter

  • Consumer confidence slipped in October after having risen sharply in September
  • The economy is now weakening again and facing renewed threats

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Maruti’s Alto retained the top position in July with the sales of 26,009 units as against 19,844 unit sales in the same month of 2016. Photo: Bloomberg
Ratnaafin hopes to bring the much-needed financial services breather to small businesses and start-ups hit hard by the COVID-19 disruptions.
Ratnaafin hopes to bring the much-needed financial services breather to small businesses and start-ups hit hard by the COVID-19 disruptions.
BRAND POST

Ratnaafin gets NBFC & Insurance broking licenses

Launched in 2018, Ratnaafin has successfully served more than 1000 customers and has syndicated debt transactions of more than Rs. 1000 Crore

The deal with Ericsson will boost Airtel’s network and operational efficiencies.mint
Akshay Kumar's Laxmii Bomb will be now called Laxmii after opposition from Hindu groups. (Photo: Twitter @sri50)
A file photo of Tata Sons’ chairman emeritus Ratan Tata, and Cyrus Mistry.ht
Bank of Baroda CEO Sanjiv Chadha
(representative image) (AP)
Photo: Mint
Russian President Vladimir Putin (via REUTERS)
The euro barely budged on the announcement, indicating that the ECB’s signal of future action was in line with expectations (REUTERS)
The euro barely budged on the announcement, indicating that the ECB’s signal of future action was in line with expectations (REUTERS)

Wait till December: ECB signals stimulus coming on new virus lockdowns

  • For now, Governing Council held its pandemic bond-buying program at $1.6 trillion
  • New coronavirus lockdowns announced by Germany and France in the past 24 hours have highlighted how the euro area’s outlook has darkened considerably

Sanjiv Chadha, managing director and chief executive officer, Bank of Baroda
People queue for Covid-19 rapid testing  (AFP)
A health worker prepares a vaccine against diphtheria in Lima, on October 28, 2020, after a case was detected at a popular district. - Peru has launched a national epidemiological alert after detecting its first case of diphtheria in 20 years, the health ministry said on Wednesday. (Photo by Luka GONZALES / AFP) (AFP)
A health worker prepares a vaccine against diphtheria in Lima, on October 28, 2020, after a case was detected at a popular district. - Peru has launched a national epidemiological alert after detecting its first case of diphtheria in 20 years, the health ministry said on Wednesday. (Photo by Luka GONZALES / AFP) (AFP)

COVID vaccine in India: Who will get it first? How much will it cost?

  • 'Mortality reduction and protecting frontline workers should be first priority,' said Dr Vinod Paul, member of Niti Aayog
  • Centre is planning to procure COVID-19 vaccines directly from the drugmakers and distribute them among priority group

TVS Motors
Photo: Ramesh Pathania/Mint
While the Trump administration has been vocal about protecting U.S. jobs and wages, Biden’s articulated stance is a lot more moderate on the issue, according to Citigroup Inc.
While the Trump administration has been vocal about protecting U.S. jobs and wages, Biden’s articulated stance is a lot more moderate on the issue, according to Citigroup Inc.

US elections: Key stocks to watch in Indian markets

  • The benchmark S&P BSE Sensex Index dropped an average 2.1% in the five trading sessions following the last five U.S. presidential elections, according to data compiled by Bloomberg

Photo: Ramesh Pathania/Mint
German Chancellor said coronavirus vaccination preparations underway in Germany
German Chancellor said coronavirus vaccination preparations underway in Germany

Germany makes preparations for coronavirus vaccinations

  • Chancellor Angela Merkel also told Germans to expect a “difficult winter” as the number of newly reported coronavirus cases in the country hit a new high.

Photo: Reuters
Photo: Reuters

Sensex ends 173 pts lower, Nifty cracks below 11,700 on US rout; HDFC twins drag

  • Indian stocks ended lower in choppy session on Thursday as weak global cues stemming from spiking covid-19 cases worldwide and uncertainty over the US presidential election eclipsed optimism from domestic earnings reports

Kerala has been able to improve its numbers in the past week, but reported more new cases (nearly 50,000) in the period than any other state. (PTI)
The Reserve Bank of India put the IDBI Bank under prompt corrective action (PCA) framework in May 2017. Photo: Mint
Wonderla Theme Park (Wonderla.com)
Maruti Suzuki sales jumped 26% to 464,000 units in the April-June period, led by stellar sales of Swift, Baleno and Vitara Brezza. Photo: Ramesh Pathania/Mint
Maruti Suzuki sales jumped 26% to 464,000 units in the April-June period, led by stellar sales of Swift, Baleno and Vitara Brezza. Photo: Ramesh Pathania/Mint

Maruti Suzuki Q2 net profit flat on year, rises sequentially

  • Investors are optimistic that Maruti will benefit from a shift in demand towards small cars due to faster recovery in demand in rural areas and increasing preference for personal mobility

The merger of Dena Bank and Vijaya Bank with Bank of Baroda will make BoB the third largest lender in India by with a total business of over ₹14.82 trillion. Photo: Pradeep Gaur/Mint
The merger of Dena Bank and Vijaya Bank with Bank of Baroda will make BoB the third largest lender in India by with a total business of over ₹14.82 trillion. Photo: Pradeep Gaur/Mint

Bank of Baroda Q2 results: Net profit at 1,679 crore, NII rises 6.8%

Asset quality has been improved with gross non-performing assets as a provision of gross advances falling to 9.14% in Q1FY21 against 9.39% in the June quarter

The new tool is expected to help 722 million-strong LinkedIn members. Photo: Bloomberg
In the eyes of the demonstrators, the king is the antithesis of constitutional monarchs. The Thai monarchy’s $40 billion contrasts with the Queen of England’s assets of $500 million (Photo: AP)
In the eyes of the demonstrators, the king is the antithesis of constitutional monarchs. The Thai monarchy’s $40 billion contrasts with the Queen of England’s assets of $500 million (Photo: AP)

Why 2020 is Thailand’s year of living dangerously

  • The upheaval in Thailand could hurt the Asian Tiger that is already grappling with a middle-income trap
  • In the eyes of the demonstrators, the king is the antithesis of constitutional monarchs. The Thai monarchy’s $40 billion contrasts with the Queen of England’s assets of $500 million

Sales in the domestic market stood at 370,619 units (MINT_PRINT)
The logo for LinkedIn Corporation. (REUTERS)
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo (REUTERS)
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo (REUTERS)

Amazon announces second round of deals on iPhones, Samsung, OnePlus smartphones

The ‘Gifting Happiness Days’ will offer products from thousands of small & medium businesses along with Amazon’s various programs such as Local Shops, Amazon Launchpad, Amazon Saheli and Amazon Karigar

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