Earlier this year, Mumbai-based IBREL approved the merger of certain projects of Embassy Property Developments with itself, to form a new entity. (Photo: Bloomberg)
As for imports, non-oil non-gold imports remained weak, indicating a subdued domestic demand scenario (Bloomberg)

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The Jio juggernaut has continued to roll on, and the stock has returned 273% in all since the 2016 AGM. (REUTERS)
The Jio juggernaut has continued to roll on, and the stock has returned 273% in all since the 2016 AGM. (REUTERS)

Delivery on targets set by RIL in its AGMs has been mixed

Given that the targets set in 2016 and 2019 were met by the company, investors are, unsurprisingly, looking forward to more big bang announcements from RIL’s AGM today. But the experience with the announcements in 2017 and 2018 should cause them to tone down expectations a bit

Deepening economic ties with the rest of the world needs to be accompanied by building domestic technology capabilities, so that economic growth is resilient. (Photo: Hindustan Times)
Deepening economic ties with the rest of the world needs to be accompanied by building domestic technology capabilities, so that economic growth is resilient. (Photo: Hindustan Times)

Why India must remain vocal for global

  • Embracing economic isolation at this point will be a strategic mistake. India must seize global opportunities
  • A confident India, which is already a lower middle-income country, and which needs to avoid the middle-income trap, should not be afraid to engage with the world

The funds raised from its FPO will take care of its growth requirements for two years. mint (MINT_PRINT)
Rossari Biotech is a manufacturer of specialty chemicals. It provides customized solutions to the apparel, animal & poultry feed, and FMCG industries Photo: iStockphoto
EBITDA margins stood at 20.1% compared to 19.2% in Q4 FY20 and 18.4% a year ago. Photo: Priyanka Parashar/Mint (Priyanka Parashar/Mint)

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Reliance Industries chairman Mukesh Ambani at the 43rd RIL AGM. (File photo)
Karnataka CM BS Yeddyurappa announced a seven day lockdown in Bengaluru from Wednesday (ANI)
The coronavirus vaccine is being developed by University of Oxford and supported by AstraZeneca Plc
MFIs face a survival challenge due to the uncertainty over loan repayments by poor households in the current situation (Photo: Mint)
MFIs face a survival challenge due to the uncertainty over loan repayments by poor households in the current situation (Photo: Mint)

Moratorium poses a big challenge to MFIs

The debt moratorium given by the RBI till August following the covid-19 outbreak is a major relief for borrowers, and gives a breather to poor households facing wage cuts and job losses

Before Google, chip-maker Qualcomm also invested in Jio Platforms Ltd through an investment arm (Photo: Reuters)
India recorded a trade surplus of $790 million in June, its first in more than 18 years, as imports dropped due to the coronavirus pandemic (Photo: Mint)
The airline's regional heads and departmental leaders have been asked to forward a list of employees for compulsory LWP by 15 August (MINT_PRINT)
Two million testing kits will be manufactured by next month, Newtech Medical Devises said. (Photo: PTI)
India’s current account balance recorded a surprise marginal surplus at 0.1% of GDP in March quarter of FY20
India’s current account balance recorded a surprise marginal surplus at 0.1% of GDP in March quarter of FY20

India's trade balance turns surplus in June

  • During June, merchandise exports contracted 12.4% while imports dipped 47.6%, leading to a trade surplus of $790 million
  • India’s current account balance recorded a surprise marginal surplus at 0.1% of GDP in March quarter of FY20

12 OTT platforms including Netflix, Amazon Prime, Disney Hotstar, Sony LIV, can be browsed on the interface
Photo: iStock
Photo: iStock

How work from home policy will hit REITs

  • With demand for office and commercial spaces likely to reduce as companies consider permanent work from home, revenues for REITs may take a hit
  • The short-term outlook for REITs is not positive but experts don’t write them off in the long term

The ministry of finance in the North Block.  (Photo: Mint)
A girl starts learning from online classes for students through a WhatsApp group, in Mumbai on Friday. (ANI Photo)
Photo: Mint (Mint)
Congratulations to all my young friends who have successfully passed their Class X and XII CBSE examinations, said PM Modi
A worker monitors the zinc galvanized steel on the rolling plant (Bloomberg)
The alliance is aiming to raise $2 billion to buy COVID-19 vaccines (AP)
The alliance is aiming to raise $2 billion to buy COVID-19 vaccines (AP)

COVID-19 global vaccine plan: More than 150 countries sign up to cure corona

  • Gavi said the 165 countries that have expressed interest represent about 60% of the world’s population
  • Dozens of vaccines are being researched, and some countries — including Britain, France, Germany and the United States — already have ordered hundreds of millions of doses

An employee walks past a signage board in the Infosys campus (Photo: Reuters)
The S&P 500 climbed 1% in early trading Wednesday (REUTERS)
New Wipro CEO Thierry Delaporte
Tensions between India and China who share a 3,488-km LAC border have been running high since 5 May. (Photo: PTI)
Adar Poonawalla, chief executive officer of Serum Institute of India.
Bobby Parikh is the Managing Partner of Bobby Parikh Associates
Infosys Q1 results demonstrate the remarkable dedication of our employees and leadership during this period, said CEO (MINT_PRINT)
Coronavirus vaccine: The volunteers were isolated in the Burdenko military hospital in Moscow on June 18 when the trial vaccine was administered
Coronavirus vaccine: The volunteers were isolated in the Burdenko military hospital in Moscow on June 18 when the trial vaccine was administered

Russia says coronavirus vaccine is tested and safe

  • 'Their immunity is working well, antibodies are being created, they are protected against the coronavirus', said a researcher

A file photo of students and pedestrians at Harvard University. (Reuters)
Mukesh Ambani, chairman of Reliance Industries Ltd. (REUTERS)
The Jio Glass can use 3D avatars to make interactions better in the virtual world
A sign marks the headquarters of Moderna Inc, which is developing a vaccine against the coronavirus, in Cambridge, Massachusetts. (REUTERS)
A sign marks the headquarters of Moderna Inc, which is developing a vaccine against the coronavirus, in Cambridge, Massachusetts. (REUTERS)

Moderna covid vaccine produces neutralizing antibodies, enters final stage trial

Moderna’s Covid-19 vaccine produced antibodies to the coronavirus in all patients tested in an initial safety trial, federal researchers said, clearing an important milestone as the US continues to grapple with a surge in new infections

Google CEO Sundar Pichai also spoke at the Reliance AGM, confirming the tech company's strategic partnership in India with Jio (AP)
Visit the official results website of CBSE at cbseresults.nic.in (PTI)
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