Market

Daimler Chief Eyes China Growth As Trade Tensions Rise

Reuters | Tuesday October 20, 2020

Daimler's Chief Executive said China will remain Mercedes-Benz's biggest growth market in the next decade and the German carmaker will adjust production locations to capture shifts in demand as global trade tensions continue to rise.

Maharashtra Governor Gets Court Notice Over Government Bungalow In Uttarakhand

India News | Press Trust of India | Tuesday October 20, 2020

The Uttarakhand High Court on Tuesday sought Maharashtra Governor Bhagat Singh Koshyari's stand on a plea for starting a contempt proceeding against him for his failure to follow a court order to pay market rent for a government bungalow allocated to him as a former chief minister.

Sensex, Nifty Gain For Third Session In A Row Led By IT Stocks

Business | Edited By Abhishek Vasudev | Tuesday October 20, 2020

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Realty index's over 4 per cent gain.

Covid Safety Norms Hit Festival Shopping, Local Economies Hard

India News | Reported by Maya Sharma, Monideepa Banerjie, Purva Chitnis and Sukirti Dwivedi | Tuesday October 20, 2020

To sell or to be safe? This is India's latest conundrum as markets dependent on the festival economy for their sustenance open up amid the coronavirus pandemic, but find themselves without customers.

Sensex, Nifty Rise On Slowing Coronavirus Cases, HDFC Bank Boost

Business | Reuters | Tuesday October 20, 2020

COVID-19 cases in India are decreasing after a peak in mid-September, with the world's second-worst affected country reporting a near three-month low of 46,790 new infections in the last 24 hours.

2021 KTM 890 Adventure Revealed

Edited By Kingshuk Dutta | Tuesday October 20, 2020

KTM introduced the 2021 KTM 890 Adventure, which is the base model to the 890 Adventure and the 890 Adventure R Rally. It will be on sale in global markets from December 2020.

Sensex, Nifty Off Day's Highs; IT Stocks Gain, State-Run Lenders Fall

Business | Edited By Abhishek Vasudev | Tuesday October 20, 2020

Mid- and small-cap shares were trading on a subdued note as Nifty Midcap 100 index rose 0.3 per cent while Nifty Smallcap 100 index was trading on a flat note.

Britannia Shares Hit Over 3-Month Closing Low After Quarterly Revenue Misses Estimates

Business | Edited by Sandeep Singh | Tuesday October 20, 2020

Britannia Industries posted a net profit of Rs 498.13 crore in the three-month period ended September 30, as against Rs 404.22 crore in the corresponding period a year ago.

Google Pixel 5 Units Have Gap Between Display and Frame, Some Early Users Complain

Jagmeet Singh | Tuesday October 20, 2020

Google Pixel 5 buyers have reported a small gap between its display and frame. The issue seems to have affected Pixel 5 users in multiple markets. The latest Google phone debuted earlier this month and went on sale in countries including Australia, Canada, and the US just last week.

Share Market Updates: Sensex Rises Over 300 Points From Day's Low As Markets Recover Early Losses

Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 20, 2020

Share Market Updates: HCL Tech, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, Asian Paints and JSW Steel were the top gainers in the Nifty index.

L&T Gains Over 3% On Hopes Of Bagging Contract For Bullet Train Project Work

Business | Edited by Peter Noronha (with inputs from agencies) | Tuesday October 20, 2020

Larsen & Toubro (L&T) shares climbed 3 per cent: L&T emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor.

Tesla To Export China-made Model 3 vehicles to Europe

Reuters | Tuesday October 20, 2020

Tesla Inc said on Monday it would start exporting China-made Model 3 cars to more than 10 European countries this month, joining a growing number of automakers using China as an export hub for electric vehicles.

Intel to Sell NAND Flash Memory Business to SK Hynix for $9 Billion

Agence France-Presse | Tuesday October 20, 2020

The world's second-largest chipmaker, South Korea's SK Hynix, on Tuesday announced a $9 billion (roughly Rs. 66,000 crores) deal to buy Intel's flash memory chip operation as it seeks to bolster its position against rival behemoth Samsung Electronics.

For India, It's Business As Usual Despite Virus

India News | Agence France-Presse | Tuesday October 20, 2020

India is on course to top the world in coronavirus cases, but from Maharashtra's whirring factories to Kolkata's thronging markets, people are back at work -- and eager to forget the pandemic for festival season.

Sensex, Nifty Extend Gains To Third Straight Day

Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 20, 2020

Share Market Latest Updates: COVID-19 cases in India are decreasing after a peak in mid-September, with the world's second-worst affected country reporting a near three-month low of 46,790 new infections in the last 24 hours.