Business

[ad_1] NEW DELHI: Investors witnessed an erosion of wealth of Rs 5.82 lakh crore in companies listed on the BSE on Monday, registering a strong sell-off in the market, with the benchmark sensex falling more than 2,002 points. The BSE barometer sank 2,002.27 points or 5.94 percent to close at …

[ad_1] © Reuters. By Peter Nurse Investing.com – US stocks will open lower on Monday as the US-Chinese war on words over the coronavirus intensified, threatening to restart a trade dispute last year. At 7 AM ET (1100 GMT), 25 points, or 0.9%, were traded below, 75 points, or 0.9%. …

[ad_1] The Bengaluru-based company closed all of its fitness centers at the start of the shutdown, but has now decided not to reopen several in smaller cities, six sources aware of the developments, including fitness trainers and center managers. ReutersThe | Last update: May 4, 2020 3:25 PM IST The …

[ad_1] A large sell-off in bank stocks led Indian markets lower today. The extension of the closure and the weakness of world markets amid mounting tensions between the United States and China weakened the optimism that had led to gains of 14% in April. The Sensex today fell 2002 points …

[ad_1] According to Morgan Stanley India Co., the next bull market for Indian stocks is likely to mark a change in the sector’s leadership, with consumer and healthcare discretion. An increase in per capita income can increase consumer participation in spending on health and other non-food goods and services, which …

[ad_1] NEW DELHI: Activity in the country’s manufacturing sector witnessed an unprecedented contraction in April amid national closure restrictions, after which new business orders collapsed at a record pace and companies dramatically reduced their number of employees, a monthly survey said Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing …

[ad_1] Ratan Tata has once again taken the fake news by popping a news article falsely attributed to him. In a tweet published last night, the president emeritus of Tata Sons shared an image of the article and denied having said or written the quotes attributed to him. “I am …

[ad_1] Bajaj Auto exported 32,009 units last month from India, but the national count remained at zero as manufacturing units and retail networks did not work. Last fiscal year, exports in the two-wheeled vehicle industry experienced an appreciable increase of 7.3 percent and Bajaj Auto contributed to more than 53 …

[ad_1] Mom’s word Mar 25, 2020 Chinese billionaire Jack Ma (C) showed his benevolent side while helping the world fight the new coronavirus. Founder of major e-commerce, Alibaba, Ma became the most talked-about business figure after he said he would gather all available resources at his disposal to take over …

[ad_1] NEW DELHI: In panic at rising tensions between the United States and China, even as world economies struggle to return to normal, domestic indices joined their global peers and sank in opening trade on Monday. United States President Donald Trump and Secretary of State Mike Pompeo joined the concerns …