ECONOMY
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China Lawmakers Get Shots; Rugby Sevens Return: Virus Update
(Bloomberg) — An experimental vaccine developed by India’s Bharat Biotech International Ltd. showed 81% efficacy in an interim clinical trial.…
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Renegade Crypto Exchange Enlists Mainstream CEO for Makeover
(Bloomberg) — Alexander Höptner was leading the Börse Stuttgart when he jumped at the chance to take a top job…
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Senate Final Vote on Stimulus Likely Pushed Into Weekend
(Bloomberg) — The Senate enters the final stages of debating President Joe Biden’s $1.9 trillion pandemic relief bill on Thursday,…
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Bringing Petrol, Diesel Under GST Limits Pan India: SBI Research
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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As Biggies Rush To Apply For An NUE, Where’s The ‘Ah Ha!’ Idea?
The Reserve Bank of India’s invitation to set up a new umbrella entity for retail payments has drawn in a…
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Cadila Healthcare – Experimental Drug Copper Histidinate Approval Prospects High And Can Be A Decent Opportunity: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Mahindra Logistics’ Large-Ticket Deal Win: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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U.K. Debt Chief Hails Gilt Liquidity as Reason for Calm on Rout
(Bloomberg) — The head of the U.K.’s Debt Management Office is hardly batting an eye over the meltdown in U.S.…
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Shares Of Deepak Nitrite Hit A Record High
Shares of Deepak Nitrite Ltd. jumped to a record high after an anti-dumping duty on phenol originating from or exported…
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Analysts’ Take On Adani Ports’ Acquisition Of Gangavaram Port Stake
Analysts remained bullish on Adani Ports and Special Economic Zone Ltd. after it agreed to buy a Rs 1,954-crore stake…
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Consumers Saved $2.9 Trillion During the Pandemic. Their Money Will Drive the Global Recovery
(Bloomberg) — Consumers in the world’s largest economies amassed $2.9 trillion in extra savings during Covid-related lockdowns, a vast cash…
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Morgan Stanley Upgrades PNB, BoB; Says SBI Top Pick Among PSU Banks
As balance sheets and capital ratios of public sector lenders improve, Morgan Stanley prefers State Bank of India to play…
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Sterlite Tech Says Optical Fibre Price Correction Won’t Impact Growth
Sterlite Technologies Ltd., one of the biggest providers of optical fibre cable to telecom and broadband operators in India, is…
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Mahindra Logistics’ Stock Jumps To Two-Year High After Bajaj Electricals Deal
Shares of Mahindra Logistics Ltd. rose to their highest in nearly two years after it signed a pact with Bajaj…
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How Operators Stack Up After Telecom Spectrum Auction
India received bids for Rs 77,815 crore worth of spectrum as telecom operators strengthened 4G capacity and focussed on 5G…
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EPFO To Decide On FY21 Interest Rate Amid Drop In Formal Sector Contribution
Deciding On The Rate Of Interest The EPFO’s central board of trustees led by Labour and Employment Minister Santosh Kumar…
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Rupee And Bond Update – March 04, 2021: Reliance Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Huhtamaki India – Pandemic Led Disruptions Hit Performance: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Cement’s Long-Awaited Price Hikes Play Out: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Coronavirus India Update: Indigenous Vaccine Found Effective; Active Cases Rise
Active Covid-19 cases in India rose again after a brief respite on Tuesday, at a time Bharat Biotech’s Covaxin —…
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Gujarat State Petronet’s Concerns Ease As Parent’s Debt Declines: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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What Jhunjhunwala, Damani And Other Veteran Investors Bought And Sold In December Quarter
Indian equities recovered all of their pandemic-driven losses in the quarter ended December on hopes that Covid-19 vaccination and stimulus…
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CLSA Loses More Than Half of Its Hong Kong Bond Sales Team
(Bloomberg) — CLSA Ltd. has lost more than half of its fixed income team that focuses on bond sales in…
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Billionaire Lemann Is Stepping Down From Kraft Heinz’s Board
(Bloomberg) — Jorge Paulo Lemann is leaving the board of Kraft Heinz Co., the giant consumer company he helped put…
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Japan’s Genesia Leads $700,000 Vietnam Digital Media Investment
(Bloomberg) — Japan’s Genesia Ventures Inc. led a $700,000 investment in Vietnam startup Vietcetera Media targeting the nation’s growing middle…
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Indian Vaccine Effective; Record Deaths in Brazil: Virus Update
(Bloomberg) — An experimental vaccine developed by India’s Bharat Biotech International Ltd. showed 81% efficacy in an interim clinical trial.…
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Snowflake Falls on Slower Product Sales Growth Forecast
(Bloomberg) — Snowflake Inc. dropped in extended trading after projecting its product revenue growth will slow in the current quarter…
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With Michaels Buyout, Apollo Picked a Weird Time to Get Crafty
(Bloomberg Opinion) — Michaels Cos.’ management has crafted a lucrative exit for shareholders. The arts and hobby supplies chain announced on Wednesday that it had…
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Junk Bonds Prove to Be a Shelter From the Rates Storm
(Bloomberg Opinion) — The junk-bond market has never offered such low yields. And yet, it might just be the best…
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House Set to Pass Elections Overhaul, But Senate Action Unlikely
(Bloomberg) — House lawmakers are slated to pass a landmark bill Wednesday that would overhaul nearly every aspect of U.S.…
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Cuomo Aura of Invincibility Crumbles Under Scandals’ Weight
(Bloomberg) — Andrew Cuomo, who has dominated New York state politics for more than a decade and enjoyed a rising…
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Security Guards Face the Hazardous Job of Enforcing Covid Rules
(Bloomberg Businessweek) — One Sunday last May, Karmen Kolda arrived early for his 11 a.m. shift as a security guard…
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BloombergQuint Wins Gold At WAN-IFRA South Asian Digital Media Awards 2020
BloombergQuint has won a Gold at the South Asian Digital Media Awards 2020, presented by WAN-IFRA. BQ Blue, BloombergQuint’s premium…
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Adani Ports Buys Warburg’s Rs 1,954-Crore Stake In Gangavaram Port
Adani Ports and Special Economic Zones Ltd. agreed to buy a Rs 1,954-crore stake in Gangavaram Port Ltd. from Warburg…
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Now Could Be Buffett’s Moment to Lend America a Hand
(Bloomberg Opinion) — From a new presidential slogan of “Build Back Better” to an economy strained by supply chain problems…
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JPMorgan Adds Goldman Dealmaker to Strategic Investors Team
(Bloomberg) — JPMorgan Chase & Co. is hiring Haidee Lee from Goldman Sachs Group Inc. as head of mergers and…
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SEBI Asks Bourses, Clearing Corporations To Put In Place Mechanism To Prevent Fraud
The Securities and Exchange Board of India on Wednesday asked stock exchanges, clearing corporations and depositories to put in place…
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Exxon Outlines Plan to Boost Returns and Grow Its Dividend
(Bloomberg) — Exxon Mobil Corp. outlined a target to achieve returns of least 30% on new projects after reducing capital…
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Government Brings Insurance Brokers Within Ombudsman Ambit
The government has amended insurance ombudsman rules, bringing insurance brokers within their ambit and also allowed policyholders to file online…
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Bank Of Baroda Raises Rs 4,500 Crore Through QIP
State-owned Bank of Baroda has raised Rs 4,500 crore equity capital through qualified institutional placement. The capital raising committee of…
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Biden’s State Rescue Dwarfs Tax Hit, Turning It Into Stimulus
(Bloomberg) — Listen to any of the architects of the $1.9 trillion spending package winding its way through Congress —…
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Regional Bank M&A Won’t Easily Fix the Tech Gap
(Bloomberg Opinion) — Regional U.S. banks are having something of a moment. After M&T Bank Corp. agreed last week to buy…
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Internet Shutdowns Plunge Millions into ‘Digital Darkness’
(Bloomberg) — India led the world last year in internet shutdowns that affected hundreds of millions of people, as governments…
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Amazon, Google Vie for Piece of India’s Digital Payments Market
(Bloomberg) — Technology giants Facebook Inc., Amazon.com Inc. and Google and credit-card providers Visa Inc. and Mastercard Inc. are among…
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Construction And Infra Sector Update – February 2020: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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MTAR Technologies IPO Note: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Sensex, Nifty Recover All Of Friday’s Drop; Record High For Midcap Index
Indian equities recovered all of Friday’s biggest single-day drop in nine months with gains over the last three trading sessions.…
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Why Dilip Buildcon Has Beaten Peers To Surpass Analyst Forecasts
Another revenue stream for Dilip Buildcon is coal. The company became a mine developer and operator in 2016. This involves…
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Indian Exchanges Sees Strong Momentum In February Across Segments: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Telecom Spectrum Auction Update – Prudent Investment By Bharti Airtel: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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