With the possibility of India hurtling towards a #COVID19 "third wave", Maharashtra govt cautioned that the state could witness around 60 lakh cases.
Read at: https://www.moneycontrol.com/news/trends/health-trends/third-wave-may-be-a-tsunami-of-60-lakh-cases-warns-maharashtra-govt-7399061.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/trends/health-trends/third-wave-may-be-a-tsunami-of-60-lakh-cases-warns-maharashtra-govt-7399061.html?utm_source=telegram&utm_medium=social
Moneycontrol
'Third Wave' May Be A Tsunami Of 60 Lakh Cases, Warns Maharashtra Govt
Contending that the third wave has already started in the US, the UK, Russia, and other countries, the state Health Minister Rajesh Tope called upon people to take extreme precautions during the upcoming festivals like Janmashtami, Ganeshotsav, Navratri and…
As the week winds down, take a look at this list of some interesting articles that will set you thinking. Happy reading! 😇
https://www.moneycontrol.com/news/opinion/the-reading-list-august-27-2021-7398651.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/opinion/the-reading-list-august-27-2021-7398651.html?utm_source=telegram&utm_medium=social
Moneycontrol
The Reading List: August 27, 2021
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
Rakesh Jhunjhunwala-backed Nazara Technologies has acquired 100% equity stake in Hyderabad-based skill gaming company #OpenPlay.
Read at: https://www.moneycontrol.com/news/business/rakesh-jhunjhunwala-backed-nazara-tech-acquires-skill-gaming-platform-openplay-7399261.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/business/rakesh-jhunjhunwala-backed-nazara-tech-acquires-skill-gaming-platform-openplay-7399261.html?utm_source=telegram&utm_medium=social
Moneycontrol
Rakesh Jhunjhunwala-backed Nazara Tech Acquires Skill Gaming Platform OpenPlay
In the first tranche of the strategic investment, the company said it would acquire a 23.30 percent stake in OpenPlay for Rs 43.43 crore by end of Q2FY22.
#Grofers, which has been working on reducing its grocery delivery time from 15 to 10 mins, assured that the service won't happen at the cost of safety.
Read at: https://www.moneycontrol.com/news/business/startup/quick-deliveries-not-coming-at-the-cost-of-safety-grofers-albinder-dhindsa-7398991.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/business/startup/quick-deliveries-not-coming-at-the-cost-of-safety-grofers-albinder-dhindsa-7398991.html?utm_source=telegram&utm_medium=social
Moneycontrol
Quick Deliveries Won't Happen At The Cost Of Safety: Grofer's Albinder Dhindsa
Last month, Grofers claimed it made 7,000, 15-minute deliveries in a single day.
A monetary penalty has been imposed on five payment system operators for violation of norms, says #RBI.
Read at: https://www.moneycontrol.com/news/business/rbi-imposes-fine-on-five-payment-system-operators-for-violation-of-norms-7398921.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/business/rbi-imposes-fine-on-five-payment-system-operators-for-violation-of-norms-7398921.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI Imposes Fine On Five Payment System Operators For Violation Of Norms
The maximum fine, Rs 3 crore, has been slapped on Transaction Analysts (India) Pvt Ltd. The four other entities that have been penalised are White Label ATM (WLA) operators.
Cristiano Ronaldo will join Manchester United. According to United, it has reached an agreement with Juventus for his transfer.
Read at: https://www.moneycontrol.com/news/trends/sports-trends/football-ronaldo-in-talks-with-manchester-united-over-return-to-the-club-report-7399191.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/trends/sports-trends/football-ronaldo-in-talks-with-manchester-united-over-return-to-the-club-report-7399191.html?utm_source=telegram&utm_medium=social
Moneycontrol
Cristiano Ronaldo Returns To Manchester United In Sensational Move
This will be Ronaldo's second stint with Manchester United. During his earlier tenure with the club, between 2003-2009, he scored 118 goals in 292 games.
#MarketsWithMC: Wall Street was higher in early morning trading after Fed's Jerome Powell indicated the central bank could slow its massive asset purchase program by the end of the year.
https://www.moneycontrol.com/news/business/markets/wall-street-climb-as-powell-signals-no-rush-to-end-bond-buying-7399131.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/markets/wall-street-climb-as-powell-signals-no-rush-to-end-bond-buying-7399131.html?utm_source=telegram&utm_medium=social
Moneycontrol
Wall Street Climb As Powell Signals No Rush To End Bond Buying
While the cental bank's massive purchases of bonds to ease lending conditions were expected to end eventually, Powell's signal of no rush in doing so boosted sentiment.
Toyota Motor today said it had suspended all self-driving e-Palette transportation pods at the Tokyo Paralympic Games village. Here's why 👇
https://www.moneycontrol.com/news/technology/auto/toyota-halts-all-self-driving-e-palette-vehicles-after-olympic-village-accident-7399141.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/technology/auto/toyota-halts-all-self-driving-e-palette-vehicles-after-olympic-village-accident-7399141.html?utm_source=telegram&utm_medium=social
Moneycontrol
Toyota Halts All Self-driving E-Palette Vehicles After Olympic Village Accident
Toyoda said the accident showed the difficulty for the self-driving vehicle to operate in the special circumstances of the village during the Paralympics with people there who are visually impaired or have other disabilities.
#MarketsWithMC: Stock markets jumped after Fed's Jerome Powell took a cautious stance on a potential withdrawal of the central bank's huge economic stimulus measures later this year.
https://www.moneycontrol.com/news/business/markets/stocks-rise-as-jerome-powell-takes-cautious-stance-on-stimulus-withdrawal-during-jackson-hole-address-7399081.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/markets/stocks-rise-as-jerome-powell-takes-cautious-stance-on-stimulus-withdrawal-during-jackson-hole-address-7399081.html?utm_source=telegram&utm_medium=social
Moneycontrol
Stocks Rise As Jerome Powell Takes Cautious Stance On Stimulus Withdrawal During Jackson Hole Address
#ICYMI: #Meesho on Aug 25 filed criminal complaints against fraudulent users who have sent unconsented orders to its customers to address platform abuse issues, Priyanka Sahay reports 👇
https://www.moneycontrol.com/news/business/startup/meesho-files-criminal-complaints-against-fraudulent-users-7389451.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/startup/meesho-files-criminal-complaints-against-fraudulent-users-7389451.html?utm_source=telegram&utm_medium=social
Moneycontrol
Meesho Files Criminal Complaints Against Fraudulent Users
According to its blog published earlier this month, it had received complaints of unconsented orders reaching customers.
#ICYMI: Multiplex operator PVR redefined its first cinema theatre Priya in Delhi. The company this time has not only renovated the cinema but also the public place outside the theatre.
https://www.moneycontrol.com/news/trends/entertainment/pvr-cinemas-invests-over-rs-10-crore-to-renovate-delhis-pvr-priya-7388901.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/trends/entertainment/pvr-cinemas-invests-over-rs-10-crore-to-renovate-delhis-pvr-priya-7388901.html?utm_source=telegram&utm_medium=social
Moneycontrol
PVR Cinemas Invests Over Rs 10 Crore To Renovate Delhi's PVR Priya
Along with renovating the place outside PVR Priya, the company has also upgraded the theatre.
#MCProOpinion: Global steel output data for July shows a sharp sequential decline in China’s steel output. It’s a sign of things to come and investors in steel companies should pay close attention to it.
https://www.moneycontrol.com/news/opinion/chart-of-the-day-sharp-decline-in-chinas-steel-output-hints-at-more-to-come-7390221.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/opinion/chart-of-the-day-sharp-decline-in-chinas-steel-output-hints-at-more-to-come-7390221.html?utm_source=telegram&utm_medium=social
Moneycontrol
Chart Of The Day | Sharp Decline In China’s Steel Output Hints At More To Come
China’s steel output was expected to decline, but rest of the world producers have not been able to ramp up output
Ami Organics said it will be using the proceeds of the upcoming IPO for debt repayment, working capital requirements and expansion of business. Read more.
https://www.moneycontrol.com/news/business/companies/ipo-bound-pharma-intermediate-maker-ami-organics-confident-of-growing-business-despite-chinese-competition-7399351.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/companies/ipo-bound-pharma-intermediate-maker-ami-organics-confident-of-growing-business-despite-chinese-competition-7399351.html?utm_source=telegram&utm_medium=social
Moneycontrol
IPO-bound Ami Organics Confident Of Growing Business Despite Chinese Competition
The company has been able to gain significant market share on select intermediates over the years despite tough competition from Chinese suppliers, that dominate intermediate and APIs globally.
#ICYMI: Seema Jindal bought an apartment in Delhi’s Jorbagh area for Rs 21 crore. The property comes with terrace rights as well as three parking slots.
https://www.moneycontrol.com/news/business/real-estate/jindal-group-scion-buys-apartment-for-rs-21-crore-in-delhis-jorbagh-7391011.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/real-estate/jindal-group-scion-buys-apartment-for-rs-21-crore-in-delhis-jorbagh-7391011.html?utm_source=telegram&utm_medium=social
Moneycontrol
Jindal Group Scion Buys Apartment For Rs 21 Crore In Delhi’s Jorbagh
Businesswoman Seema Jindal, founder of Nourish Organics, purchases property that comes with terrace rights as well as three parking slots.
Data for the world's most surveilled cities shows that #NewDelhi ranks first with 1,826.6 cameras per square mile.
"Feel proud to say that Delhi beats cities like Shanghai, NY & London," CM Arvind Kejriwal said.
https://www.moneycontrol.com/news/photos/india/delhi-chennai-among-most-surveilled-in-the-world-ahead-of-chinese-cities-7391051.html?utm_source=telegram&utm_medium=social
"Feel proud to say that Delhi beats cities like Shanghai, NY & London," CM Arvind Kejriwal said.
https://www.moneycontrol.com/news/photos/india/delhi-chennai-among-most-surveilled-in-the-world-ahead-of-chinese-cities-7391051.html?utm_source=telegram&utm_medium=social
Moneycontrol
Delhi, Chennai among most surveilled in the world, ahead of Chinese cities
Data for the world's most surveilled cities shows that India's capital city New Delhi ranks first with 1,826.6 cameras per square mile, while Chennai which has 609.9 cameras per square miles ranks third; London is second (1,138.5 cameras) and Mumbai at 18…
Munish Financial acquired 14 lakh equity shares in Gayatri Projects (0.74% of the total paid-up equity) at Rs 47.88 per share on the NSE today.
Read more on this and other bulk deals: https://www.moneycontrol.com/news/business/markets/bulk-deals-munish-financial-picks-0-7-stake-in-gayatri-projects-ekta-halwasiya-buys-0-5-shares-in-manaksia-steels-7399391.html?utm_source=telegram&utm_medium=social
Read more on this and other bulk deals: https://www.moneycontrol.com/news/business/markets/bulk-deals-munish-financial-picks-0-7-stake-in-gayatri-projects-ekta-halwasiya-buys-0-5-shares-in-manaksia-steels-7399391.html?utm_source=telegram&utm_medium=social
Moneycontrol
Bulk Deals | Munish Financial picks 0.7% stake in Gayatri Projects; Ekta Halwasiya buys 0.5% shares in Manaksia Steels
Investor Ekta Halwasiya purchased 3,34,626 equity shares in steel manufacturing company Manaksia Steels at Rs 38.63 per share. Ekta Halwasiya already held 1.5 percent shareholding in the company as of June 2021.
The Acme group is bullish on green hydrogen and ammonia, and aims to be a major producer with annual capacities of about 10 million tonnes by 2030: Chairman Manoj Upadyay said.
Read his interview with Shreeja Singh at: https://www.moneycontrol.com/news/business/acme-eyes-10-million-tonnes-green-hydrogen-ammonia-capacity-by-2030-chairman-manoj-upadhyay-says-7398691.html?utm_source=telegram&utm_medium=social
Read his interview with Shreeja Singh at: https://www.moneycontrol.com/news/business/acme-eyes-10-million-tonnes-green-hydrogen-ammonia-capacity-by-2030-chairman-manoj-upadhyay-says-7398691.html?utm_source=telegram&utm_medium=social
Moneycontrol
Acme Eyes 10 Million Tonnes Green Hydrogen, Ammonia Capacity By 2030, Chairman Manoj Upadhyay Says
India’s hydrogen energy ecosystem can be worth $2-3 trillion in the next 20-25 years, and the country has an excellent opportunity to become a significant exporter of green hydrogen, Upadyay says.
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#Business #Auto
Have you checked out #MCMinis yet? 🤔 They are quick explainers or short insights on topics that matter! They fit into the screenshot of your phone. It is that easy — and fast! ⚡️
Start exploring: https://moneycontrol.com/news/mcminis
#MCPersonalFinance
Start exploring: https://moneycontrol.com/news/mcminis
#MCPersonalFinance
#MCEssentials: A daily round-up of the most interesting articles to help jump-start the day 🌻☕️
Read https://www.moneycontrol.com/news/business/mc-essentials-e7-essential-7-bharti-airtel-lic-ipo-massimiliano-allegri-cristiano-ronaldo-nft-market-in-india-maharashtra-govt-covid-third-wave-afghanistan-evacuations-moneycontrol-daily-yo-7399111.html?utm_source=telegram&utm_medium=social
Read https://www.moneycontrol.com/news/business/mc-essentials-e7-essential-7-bharti-airtel-lic-ipo-massimiliano-allegri-cristiano-ronaldo-nft-market-in-india-maharashtra-govt-covid-third-wave-afghanistan-evacuations-moneycontrol-daily-yo-7399111.html?utm_source=telegram&utm_medium=social
Moneycontrol
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.