Economy 1925 May12:0014:0016:0018:0020:00
Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals

25 May 11:39 2 articles

Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals

Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds

25 May 11:39 Business-Standard 1502508925809082277.html
HDFC Q4 profit declines 10 per cent to Rs 4,342 crore

The board has proposed a dividend of Rs 21 per share of the face value of Rs 2 per unit, HDFC Ltd said in a regulatory filing.

25 May 11:43 The Indian Express 2885715105516087173.html
Top headlines: HDFC Q4 PBT down 27%, LG Polymers faces court heat

25 May 11:44 2 articles

Top headlines: HDFC Q4 PBT down 27%, LG Polymers faces court heat

Business Standard brings to you the top headlines of the day.

25 May 11:44 Business-Standard 1502508924600089119.html
Realtors body Credai write to PM seeking more funding, loan restructuring

The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year

25 May 11:45 Business-Standard 1502508925651484413.html
Coronavirus impact: IDFC First Bank's senior management to take 10% pay cut

25 May 11:47 2 articles

Salary (CTC) calculation: Earning Rs 40,000 or Rs 30,000 as DA+Basic? You may get this extra amount

Salary (CTC) calculation: Under CTC model, if the monthly EPF wages of an employee is Rs 10,000, then he/she will get Rs 200 more directly from the employer as the share of the employer's contribution to EPF/EPS will be reduced and Rs 200 less will be deducted from his/her wages

25 May 11:47 The Financial Express 1288289579569119511.html
Coronavirus impact: IDFC First Bank's senior management to take 10% pay cut

The bank's chief executive officer (CEO) V Vaidyanathan is taking a 30 per cent cut, including fixed and allowances

25 May 11:52 Business Today 1145527430693587916.html
Andy Palmer to quit as Aston Martin CEO after shares plunge

25 May 11:09 1 article

Andy Palmer to quit as Aston Martin CEO after shares plunge

Will be replaced with Mercedes-AMG CEO Tobias Moers

25 May 11:09 Gulf News 2086521545605369485.html
What Yasir Al-Rumayyan said at event explains unusual timing of Newcastle United takeover bid

25 May 11:00 1 article

What Yasir Al-Rumayyan said at event explains unusual timing of Newcastle United takeover bid

Yasir Al-Rumayyan has given an insight into why Saudi Arabia's Public Investment Fund has been so aggressive during the coronavirus pandemic as Newcastle United supporters await the result of the Premier League's owners' and directors' test

25 May 11:00 ChronicleLive 1984146901113837937.html
Mindanao's trademark abaca paper is now a face mask

25 May 11:30 1 article

Mindanao's trademark abaca paper is now a face mask

Tests by the Department of Science and Technology (DOST) Region 10 show that the abaca fiber mask has a filtration rate 7 times better than cloth masks and has lower water absorption than N95 masks

25 May 11:30 Rappler 1882105642717660322.html
3 Travel and Tourism Stocks Poised for a Bull Run

25 May 11:50 1 article

3 Travel and Tourism Stocks Poised for a Bull Run

The coronavirus pandemic has smashed the tourism industry, but these companies seem ready for a massive rally.

25 May 11:50 The Motley Fool 2231313658056512398.html
Income Tax Saving: How your spouse can help you save taxes

25 May 11:00 1 article

Income Tax Saving: How your spouse can help you save taxes

Your spouse not only helps you in meeting your social and personal obligations, but can also help you in saving income tax. Here is how.

25 May 11:00 The Financial Express 1288289580818115863.html
Euro zone bond yields steady; focus remains on recovery fund

25 May 11:25 1 article

Euro zone bond yields steady; focus remains on recovery fund

LONDON — Euro zone bond yields were steady on Monday, as the market overlooked a paper from Austria, Sweden, Denmark and the Netherlands opposing the EU’s planned grants-based recovery fund and awaited the European Commission’s own release later this week.

25 May 11:25 Financial Post 2379081493662951256.html
Will Social Security Beneficiaries Qualify for a Second Stimulus Check?

25 May 11:21 1 article

Will Social Security Beneficiaries Qualify for a Second Stimulus Check?

Social Security recipients were eligible for an Economic Impact Payment under the CARES Act -- should they expect something similar for stimulus 2.0?

25 May 11:21 The Motley Fool 2231313657517863191.html
Govt asks RBI to remove sugar from negative list as virus hits consumption

25 May 11:53 1 article

Govt asks RBI to remove sugar from negative list as virus hits consumption

Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears

25 May 11:53 Business-Standard 1502508926577245380.html
Fractional Shares: Why It’s in the News

25 May 11:00 1 article

Fractional Shares: Why It’s in the News

Have $5? Then you could start building wealth today.

25 May 11:00 The Motley Fool 2231313659093491222.html
Unexpected policy timing, expected outcome: These measures could help RBI disinfect the economy 

25 May 11:31 1 article

Unexpected policy timing, expected outcome: These measures could help RBI disinfect the economy 

RBI’s relief measures round-three restates the intention to ease the functioning of the financial markets and easing the market risks brewing in the economy amidst the deteriorating economic outlook.

25 May 11:31 The Financial Express 1288289579647403193.html
PTCL Connecting Pakistan & Beyond Amidst COVID-19 Crisis

25 May 11:35 1 article

PTCL Connecting Pakistan & Beyond Amidst COVID-19 Crisis

COVID-19 or Coronavirus has taken the world by storm. Nobody of this generation had ever expected something like this to happen. With no vaccine and no proven solution to how this virus will go, the social distancing is the only solution to protect yourself from it. Hence, the companies, educational institutes, and every organization around the world have ensured that their employees and students stay at home, work from there, and stay safe. That is the only way you can protect yourself from catching the virus and stop it from spreading everywhere. Measures To Control COVID In Pakistan

25 May 11:35 Dispatch News Desk 1078940130445454817.html
COVID-19: Is this the end of the road for Renault?

25 May 11:27 1 article

COVID-19: Is this the end of the road for Renault?

Pandemic puts the French brand's 122-year history at stake...

25 May 11:27 Gulf News 2086521545363785038.html
Milan-based Milkman snags €25 million to expand and partner with Poste Italiane for special delivery service

25 May 11:41 1 article

Milan-based Milkman snags €25 million to expand and partner with Poste Italiane for special delivery service

Milkman, a Milan-based logistics and delivery platform, has raised €25 million in its third round of funding, with backing from Poste Italiane, P101 sgr, Italia500, Vertis and 360 Capital. The deal includes an agreement between Milkman and Poste to create a new premium service, MLK Deliveries, specifically for Poste customers. The Italian company focuses on […]

25 May 11:41 Tech.eu 1356465906230638134.html
New Zealand's largest media company being sold for just $1 to its CEO

25 May 11:53 1 article

New Zealand's largest media company being sold for just $1 to its CEO

Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge

25 May 11:53 The Asian Age 2126266545843224911.html
Globalisation can't be done away with Swadeshi slogans: Skanray Tech chief

25 May 11:40 1 article

Globalisation can't be done away with Swadeshi slogans: Skanray Tech chief

In a Q&A, Vishwaprasad Alva, founder and managing director, Skanray Technologies, explains why trying to lure companies moving out of China to India could prove counterproductive

25 May 11:40 Business-Standard 1502508926037816821.html
Boost for zero-emission sources as global capital backs Indian solar power

25 May 11:01 1 article

Boost for zero-emission sources as global capital backs Indian solar power

The tumbling tariffs of solar power, however, have slashed the expectations of returns by investors from 14 per cent to 12 per cent

25 May 11:01 Business-Standard 1502508925062401325.html