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Bajaj Auto sales rise 5% to 4,22,240 units in November

Domestic sales in November this year stood at 1,98,933 units as against 2,07,775 units, a decline of 4 percent, Bajaj Auto said in a BSE filing.

Zoom Out | No more secret sauces, it is time to Build in Public

Want a great product? Work with your audience to get there. This concept of evolution with your audience or community is coming to be known as ‘Build in Public (BIP)’.

Coronavirus News LIVE Updates: Chhattisgarh COVID-19 tally zooms to 2.37 lakh with 1,324 new cases; 21 more die

Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.31 lakh. There are 4,46,952 active cases in the country.

Lottery Sambad Result December 1: ‘Dear Bangalakshmi Torsha#39; lottery winners to be announced at 4 pm

Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Torsha#39; lottery will take home Rs 50 lakh.

Wall Street retreats, SP 500 still set for best November ever

Analysts said the month-end rebalancing of portfolios also played into on Monday#39;s weakness as investors cash in on gains after a strong month marked by updates of COVID-19 vaccines making headway and hopes of a swift economic rebound next year.

Facebook nears deal to buy customer-service startup Kustomer: Report

Kustomer, which helps businesses aggregate and handle customer inquiries from multiple platforms, already offers its services on Facebook Messenger and Instagram.

Fed says extending four emergency liquidity programs to March 31, 2021

The programs, separate from credit programs the US Treasury recently ordered closed on Dec. 31, include the Commercial Paper Liquidity Facility, the Primary Dealer Credit Facility, the Money Market Mutual Fund Liquidity Facility, and the Paycheck Protection P

Trump to add China#39;s SMIC and CNOOC to defense blacklist

SMIC said it continued “to engage constructively and openly with the US government” and that its products and services were solely for civilian and commercial use.

OPEC reaches consensus to extend oil cuts by three months, Algeria says

Algerian Energy Minister Abdelmadjid Attar, holder of OPEC#39;s rotating presidency, was speaking shortly before OPEC ministers began talks to discuss a policy that would help producers cope with weak demand in 2021 due to the coronavirus crisis.

Toyota launches its new fuel cell sedan, promising better performance and range

A year after presenting its prototype at the Tokyo Autoshow, Toyota is launching its new-generation Mirai, a pioneering vehicle model in hydrogen fuel cell energy. With better performance and longer range, this new Mirai will roll out in European dealerships

Bitcoin hits record high of $19,808 after steep fall last week

The virtual currency touched a lifetime peak of $19,808 and was last up 8.6 percent at $19,721.

Nickel futures steady at Rs 1,233.40 per kg; Choice Broking sees further upside

In the futures market, nickel for December delivery touched an intraday high of Rs 1,233.80 and a low of Rs 1,224.10 per kg on the MCX.

OPEC opens talks on whether to extend oil cuts or gradually hike output

OPEC has to strike a delicate balance of pushing up prices enough to help their budgets but not so much that rival U.S. output surges.

CSB Bank cuts MCLRs by 10 bps for tenures up to 6 months

The revised rates will be in the range of 7.70-8.50 percent, it said.

DoorDash looking for a valuation of nearly $30 billion

The company is planning to raise up to approximately $2.8 billion from an initial public offering of 33 million shares. The offering is expected to be priced between $75 and $85 per share, according to a regulatory filing Monday.

SP 500, Dow slip at open, still set for stellar November

The Dow Jones Industrial Average fell 55.86 points, or 0.19 percent, at the open to 29,854.51.

Extended ECLGS can infuse over Rs 40,000 crore liquidity: Report

The possible over Rs 40,000-crore liquidity through the ELCGS 2.0 will be sufficient to help companies, including those hit by a sharp decline in cash flows because of the pandemic, to overcome liquidity pressures,” says a CRISIL report.

Gold price slips below Rs 48,000/10 gm, down 6% in November; Silver down Rs 1,039/kg

Silver prices declined Rs 1,039 to Rs 59,220 per kg from its closing on November 27.

Crude palm oil slips to Rs 876.90 per 10 kg in evening trade

In the futures market, Crude Palm Oil (CPO) for December delivery touched an intraday high of Rs 879.80 and an intraday low of Rs 872 per 10 kg on MCX.

Volkswagen#39;s executive committee to convene on December 1 to discuss CEO#39;s future: Sources

“The options will be put on the table,” one of the sources said, adding that the outcome of the deliberations remains unclear.

Unilever becomes wholly British company

The new group, Unilever PLC, will now be headquartered in London under a so-called unification strategy designed to make it more responsive to economic challenges including coronavirus.

India#39;s consumer spending to return to growth in 2021: Fitch Solutions

Consumer spending is forecast to have contracted by 12.6 percent in 2020.

Ola appoints Jose Pinheiro to head global manufacturing, operations of electric business

In this role, Pinheiro will spearhead Ola’s ambitions to build world-class manufacturing facilities, starting with the world’s largest scooter factory, and then expanding to multiple such facilities across India, a statement said.

Oil prices face uphill struggle in 2021 despite vaccine progress: Reuters poll

The poll of 40 economists and analysts forecast Brent would average $49.35 a barrel next year, little changed from last month#39;s $49.76 outlook.

Bharti AXA Life Insurance reports 10% rise in renewal premium at Rs 594 crore in April-September

The company’s renewal premium stood at Rs 541 crore in April-September of fiscal year 2019-20, Bharti AXA Life Insurance said in a release. Bharti AXA Life Insurance is a joint venture between Bharti Enterprises and AXA, one of the world’s largest i

Chennai vaccine trial volunteer’s lawyer says Serum Institute’s allegations are ‘ridiculous’

Lawyer claims the company has accused the volunteer without examining his condition. The volunteer has alleged serious side effects, including a neurological breakdown and impairment of cognitive functions, and has sought Rs 5 crore compensation in a legal no

India GDP outlook: SP retains growth forecast at -9% for FY21

SP, in its report on Asia Pacific, projected the Indian economy to grow at 10 percent in the next fiscal.

SP retains India#39;s growth forecast at (-)9% in FY21

SP, in its report on Asia Pacific, projected the Indian economy to grow at 10 percent in the next fiscal.

Dutch bank ABN Amro to shed almost 3,000 jobs in pull back from abroad

Once a banking giant with well over 100,000 employees around the world, ABN has already cut tens of thousands of jobs since its bail out by the Dutch state in 2008 as it refocuses mainly on the Dutch market.

Eightfold AI raises $125 million in latest funding round

Eightfold#39;s single platform for the entire talent lifecycle brings together billions of anonymized data points, algorithms and domain expertise required to make a reliable, scalable impact for enterprise-scale organizations.

Explainer | Why is Akshata Murthy#39;s wealth controversial?

Akshata Murty, the wife of British Chancellor Rishi Sunak and daughter of Infosys Co-Founder NR Narayana Murthy, has come under scrutiny as Sunak failed to declare his family wealth in the ministerial register despite being a public official.

Government waives penalty for non-compliance with QR code provisions for B2C transactions

However, it would be mandatory for businesses to follow the QR code provisions from April 1, 2021 to avail this penalty waiver

DHL Express appoints Manish Patel as vice-president for operations

Manish succeeds Ashutosh Bajpai, who takes over as vice-president for Asia-Pacific (excluding China), Gateways and Customs, DHL Express, and will now be based out of the regional office in Singapore, DHL Express said.

Saudi Arabia may raise Asia crude prices in January: Survey

Saudi crude OSPs are usually released around the fifth of each month, and set the trend for Iranian, Kuwaiti and Iraqi prices, affecting more than 12 million barrels per day (bpd) of crude bound for Asia.

SP Global nears $44 billion deal to buy IHS Markit: Reports

SP Global, valued at around $82 billion, controls the Standard and Poor#39;s ratings agency and traces its roots to the 1860s.

Banks in India to see capital decline over 2 years without fresh infusion: Moody#39;s

In India, stress among non-bank financial institutions will also curtail their capacity to lend, Moody#39;s noted.

Farmer protest: Air fares on Delhi-Chandigarh route spike

Air fares are two times that on Delhi-Mumbai

‘Unholy alliance’ between banks and e-commerce firms to destroy indigenous businesses, CAIT writes to Finance Minister Nirmala Sitharaman

CAIT termed the joint workings of e-commerce companies like Amazon and Flipkart with banks as an ‘unholy nexus’ and ‘cartelisation of banks’.

upGrad eyes larger play in lifelong learning space via MA route

New acquisitions won’t be merged into upGrad but will operate independently, under the parent
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