Business

The purpose of this framework is to provide relief to units who otherwise have a good track record, but whose operations have been adversely affected by the Covid-19 pandemic.

The company decided to allocate 58,82,352 equity shares to 12 anchor investors after consulting merchant bankers. Each share was sold at Rs 306.

Stocks across the world hit their lowest in seven weeks and other risk assets sold off on Monday on concerns over renewed lockdown measures in Europe and Britain, as well as the United States' inability to agree on fiscal stimulus that would support milli...

Switzerland's current account surplus shrank to 9.88 billion Swiss francs ($10.86 billion) in the second quarter of 2020, the Swiss National Bank said on Monday, less than half the 20.6 billion franc figure for the same quarter of 2019.

Barclays Commodities Research on Monday raised its oil price forecasts for 2020, citing limited potential downside to its demand outlook.

Asian shares slipped on Monday on fears the global economy may sputter for a while due to a resurgence of coronavirus infections in Europe, while fading hopes for U.S. fiscal stimulus also weighed.

U.S. stocks fell on Friday as technology shares sold off for a third day in a row, while all three major U.S. indexes posted a third straight week of declines.

Stocks that moved heavily or traded substantially Friday:

Global equity markets slid on Friday as investors sought direction after this week's U.S. Federal Reserve meeting and a jump in coronavirus cases in Europe rattled sentiment, while gold rose and safehaven buying lifted the Japanese yen.

U.S. stocks turned lower in volatile trading on Friday as worries about rising coronavirus cases and a patchy economic recovery dampened risk sentiment, with technologyrelated stocks reversing early gains to extend their declines to a third day.

U.S. presidential candidate Joe Biden's recent warning that Britain must honor Northern Ireland's 1998 peace agreement to secure a U.S. trade deal adds new complexity to already tough trade talks between the United States and the U.K.

Gold prices gained on Friday buoyed by a weaker dollar and lingering concerns over an economic recovery from the damage inflicted by the coronavirus pandemic that were underscored by elevated weekly U.S. jobless claims data.

The government has permitted 74 per cent foreign direct investment (FDI) under automatic route in the sector with certain conditions.

U.S. stocks dropped on Thursday as technologyrelated shares extended a recent slide and as data showed high levels of weekly jobless claims.

Alibaba Health Information Technology said on Thursday it has signed a strategic cooperation agreement with Chinese coronavirus vaccine developer Sinovac Biotech.

Julie Campbell had to rethink her new wallpaper business before she could sell her first sheet.