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Govt to sell 5% in LIC in mother of all IPOs | Tata steel set to pip TCS on profit metric | Future lenders in a fix over recoveries Read the latest business news on Mint e-paper: http://epaper.livemint.com
The Government of India will ban 54 more #Chinese apps that pose a threat to India's security, ANI informed quoting sources.Read: https://www.livemint.com/news/india/govt-to-ban-54-chinese-apps-that-pose-threat-to-india-s-security-report-11644813401023.html
#StockMarket | Indian share markets slump over geopolitical concerns. The BSE Sensex is down 1,141 points, while the Nifty has plunged 342 points.Read: https://www.livemint.com/market/stock-market-news/sensex-cracks-1-100-points-on-rising-ukraine-concerns-metal-bank-stocks-bleed-11644815683720.html
#MintCharts | Google search interest in #ValentinesDay gifts has decreased in recent years.
Tata Sons appointed #IlkerAyci as the MD and CEO of #AirIndia, the company said in a statement. Previously, Ayci was the Chairman of the Turkish Airlines.Read: https://www.livemint.com/companies/former-turkish-airlines-chairman-ilker-ayci-named-air-india-ceo-11644834503773.html
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#MintNewsLetter | The pandemic has augmented the need for a life cover. Amid growing uncertainties, Indians have invested 19% of their savings in life insurance funds in the first nine months of fiscal 2021, up from 15% in FY20.Read: https://www.livemint.com/mint-top-newsletter/minttopofthemorning15022022.html
Stocks on edge amid Russia-Ukraine crisis | RBL Bank's loan to bankrupt Sintex co raises red flags | Retail inflation hits 6.01% in Jan, breaches tolerance band Read the latest business news on Mint e-paper: http://epaper.livemint.com
#Companies | Warren Buffett’s Berkshire Hathaway Inc. took a stake in #ActivisionBlizzard Inc, the game giant that has agreed to be acquired by Microsoft Corp, in an investment that would have been valued at $975 million at the end of the year. Read: https://www.livemint.com/companies/news/warren-buffett-s-berkshire-takes-stake-in-a-game-giant-exits-pharma-stocks-11644883074774.html
#World | The Biden Administration has warned Russia of “severe consequences" in case its forces invade Ukraine and insisted on a diplomatic solution to the issue.Read: https://www.livemint.com/news/us-warns-russia-of-severe-consequences-if-it-invades-ukraine-11644891027570.html
Serum Insitute of India chairman #CyrusPoonawalla said that poor nations of the world are using the #vaccines made by the company as the doses have been made available at a price of a "cup of tea".Read: https://www.livemint.com/companies/people/serum-institute-makes-avilable-vaccines-at-price-of-cup-of-tea-cyrus-poonawala-11644884938139.html