Name: Quiet day for markets, November eases October's bloodbath
Uploaded: 2018-11-30T04:29:46.fff+05:30
Duration: T00M22S
Channel: editorji

It was a mildly choppy day for the markets in trade. While select private sector banks, autos and IT stocks did well, oil marketing stocks saw some profit booking ahead

Quiet day for markets, November eases October's bloodbath

It was a mildly choppy day for the markets in trade. While select private sector banks, autos and IT stocks did well, oil marketing stocks saw some profit booking ahead of the crucial OPEC meet in Vienna. The smallcaps outperformed frontline indices and volumes improved despite weak market breadth. The month however, has been starkly different to October's losses thanks to the big cool - off in crude prices. 

Amid surging coronavirus cases across the country, Chief Economic Adviser K V Subramanian has said the peak for the second wave of the pandemic might be reached by the

Amid surging coronavirus cases across the country, Chief Economic Adviser K V Subramanian has said the peak for the second wave of the pandemic might be reached by the middle of the next month.&nbsp; He said his assessment on the peak is based on research done by various bodies, including the Indian Council of Medical Research.&nbsp; Based on some very nice mathematical modelling of the pandemic by IIT Kanpur and based on some of the research put out by ICMR, it's likely that India's second wave peak might be around mid-May," he told the&nbsp;PTI.&nbsp;

The swiftness of the second wave has left everyone shocked, , Tata Sons Chairman N Chandrasekaran tells Vikram Chandra that there is a fine balance required to ensure t

The swiftness of the second wave has left everyone shocked, , Tata Sons Chairman N Chandrasekaran tells Vikram Chandra that there is a fine balance required to ensure that the economy doesn&rsquo;t suffer.

Tata Sons' Chairman in conversation with Vikram Chandra says there needs to be unprecedented urgency to raise the pace of vaccination in India, even if that means reinv

Tata Sons' Chairman in conversation with Vikram Chandra says there needs to be unprecedented urgency to raise the pace of vaccination in India, even if that means reinventing protocol and replicating vaccines

Rakesh Jhunjhunwala remains bullish despite the pandemic odds as he sees a double digit growth and he doe not see the markets going through a free fall in this pan

Rakesh Jhunjhunwala&nbsp;remains bullish despite the pandemic odds as he sees a double digit growth and he doe not see the markets going through a free fall in this pandemic wave
The ace investor told the audience at an AIMA&nbsp;event that the metals sector will be a key beneficiary. He said the demand for metals will be huge and that investors have largely ignored the sector in the past 10 years.
Jhunjhunwala&nbsp;is also predicting that the most battered stocks in the mid- and small-cap universe will give the best returns.

Streaming giant Netflix faced back to work realties with subscriber additions collapsing in the Jan-March quarter. The streaming service added just 3.98 million su

Streaming giant Netflix faced back to work realties with subscriber additions collapsing in the Jan-March quarter.&nbsp;The streaming service added just 3.98 million subscribers in the first quarter, missing its own forecast of 6 million.&nbsp;
The slowdown is a cocktail of recovering economies and people resuming work as well as a lack of new hit shows as per analysts. The current Apr-June quarter is likely to be even more challenging&nbsp;with Netflix predicting just 1 million new customers, a sharp contrast to the 4 million projected by analysts.&nbsp;
The first quarter of 2020 had been the strongest in company history, with 15.8 million new customers,&nbsp;The latest three months, in contrast, marked the slowest first quarter since 2013, when Netflix added about 3 million customers.

Cryptic tweets from Technoking Elon Musk has propelled Dogecoin to the centrestage of the cryptocurrency rally, up 400% in just one week. CoinMarketCap

Cryptic tweets from Technoking Elon Musk has propelled&nbsp;Dogecoin&nbsp;to the centrestage of the cryptocurrency rally, up 400% in just one week.&nbsp;
CoinMarketCap.com.&nbsp;now estimates the marketvalue for the once&nbsp;satirical alternative to Bitcoin at a whopping $50 billion, making it almost as valuable as Twitter ($56 billion) where the&nbsp;Shiba&nbsp;Inu based memes continue to trend due to posts by Elon Musk.&nbsp;
Dogecoin prices climbing once again, with fans rallying behind the #DogeDay hashtag to celebrate April 20. Prices were trading just below 40 cents, according to CoinGecko.com

Apple's Spring Loaded April 2021 event saw the launch of new iPad Pro models with M1 chip, and a new iMac with the M1 chip. Apple also launched the new AirTag accessory

Apple has launched several new products at its 20th April &lsquo;Spring Loaded&rsquo; event. Apple has launched new iPad Pro models, with the powerful new in-house M1 chip. While the 11-inch model features the same Liquid Retina ProMotion display as the previous model, the new 12.9-inch iPad Pro gets a Liquid Retina XDR display that uses mini-LED technology. The new iPad Pros also get 5G connectivity with the cellular models, and pricing starts at ₹71,900 for the 11-inch model. The new iPad Pros can be ordered in India from 30th April, with availability from the second half of May.
Apple has also launched a new redesigned iMac, that comes with a flat aluminium frame and glass front. It sports a 24-inch 4.5K Retina display and runs on the latest M1 chip, with support for up to 16GB unified memory and up to 2TB of SSD storage. There's a new 1080p FaceTime HD camera with an M1 image signal processor on the front along with a six-speaker system with spatial audio and Dolby Atmos. The new 24-inch iMac starts from ₹1,19,000, and can be ordered from 30th April, with availability from the second half of May.
Apple also unveiled a new colour finish for the iPhone 12 and 12 mini--Purple. Both phones can be pre-ordered in the new colour from April 23, starting at ₹69,900 for the iPhone 12 mini.
Along with all the new products, Apple has also launched AirTag, that can help locate your personal belongings using Apple's 'Find My' feature. AirTag uses Ultra Wideband technology that can let compatible iPhones navigate to them, using a built-in speaker. The AirTag costs ₹3,190 for a single unit, and ₹10,900 for a pack of 4. AirTag can be ordered in India from 5:30PM IST on April 23.

Singapore Ministry of Health has issued a directive stating visitors from India will have to serve an additional seven days Stay-at-Home Notice apart from the usua

Singapore Ministry of Health has issued a directive stating visitors from India&nbsp;will have to serve an additional seven days Stay-at-Home Notice apart from the usual mandatory 14 days quarantine at a dedicated facility.&nbsp;
The travellers will be tested for COVID-19 at the end of the initial 14-day quarantine and&nbsp;also at the end of the additional seven-day&nbsp;Stay-at-Home Notice.
The govt&nbsp;announcement came as the entry approvals for non-Singapore citizens and non-permanent residents are being reduced with immediate effect.

In a move to reduce the acute shortage of anti-viral drug Remdesivir, the govt has waived off the customs duty on imported Remdesivir injections and the drug's act

In a move to reduce the acute shortage of anti-viral drug Remdesivir, the govt has&nbsp;waived off the customs duty on imported Remdesivir injections and the drug's active pharmaceutical ingredients (API) till October 31.
The total duty was over 16% after IGST&nbsp;and&nbsp;social welfare surcharge. Union Minister Piyush&nbsp;Goyal&nbsp;tweeted the notfication&nbsp;stating " Imports of Remdesivir API, injection and specific inputs have been made import duty free. This should increase supply and reduce cost thus providing relief to patient."
The injectable drug has been repurposed for Covid-19 treatment and was cleared by the country's top drug regulator for restricted emergency use in June 2020 on patients with severe complications.
&nbsp;

Hero MotoCorp has halted manufacturing at all its plants due to the ongoing surge in spread of Covid-19 across the country.The two-wheeler major issued a statement

Hero MotoCorp&nbsp;has halted manufacturing at all its plants due to the ongoing surge in spread of Covid-19 across the country. The two-wheeler major issued a statement saying, "Keeping with its commitment to the safety and welfare of its people, Hero MotoCorp has decided to proactively halt operations temporarily at all of its manufacturing facilities across the country."
The shutdown, which is temporary and includes the global parts centre (GPC), is a first by a two-wheeler maker in this financial year.&nbsp;&nbsp;

As the shortage of oxygen becomes acute across the country India Inc is stepping up to help out. Mukesh Ambani promoted Reliance Industry has increased s

As the shortage of oxygen becomes acute across the country India Inc is stepping up to help out. Mukesh&nbsp;Ambani&nbsp;promoted Reliance Industry has&nbsp;increased supply of medical grade oxygen 7-fold to 700 tonnes a day.&nbsp;The supplies being made to states like Gujarat, Maharashtra and Madhya Pradesh&nbsp;and&nbsp; will provide relief to over 70,000 critically ill patients everyday. The company plans to raise medical-grade oxygen production capacity to 1,000 tonnes. Tata&nbsp;Group has also announced that they will import 24 cryogenic containers via special charter flights to supplement critical supply of medical oxygen.

The pandemic pushes digital innovation centre stage. Tech Vetran N Chandrashekhar talks to Vikram Chandra on tech bridging the gaps during Covid and beyond

The pandemic pushes digital innovation centre stage. Tech veteran N Chandrasekaran&nbsp;talks to Vikram Chandra on tech bridging the gap during Covid and beyond

Amazon and Flipkart have suspended deliveries of non-essential items in Delhi, after the state government imposed a six-day lockdown due to the surge in Covid-19 cases.

Amazon and Flipkart have suspended deliveries of non-essential items in Delhi, after the state government imposed a six-day lockdown due to the surge in Covid-19 cases.
The e-commerce websites are still delivering items considered essentials, including food, grocery products, healthcare products, and personal care items. Both websites had also suspended the delivery of non-essential items after the lockdown imposed in Maharashtra.
Both Flipkart and Amazon had petitioned the state government to allow delivery of all items, arguing that essential products may vary according to a user&rsquo;s needs. However, the Confederation of All India Traders had urged the Commerce Minister to dismiss their requests, which would create an uneven playing field between offline and online retail channels.

Just as Zomato readies to deliver an IPO and Swiggy serves a hot valuation of $5 billion, brokerage house CLSA says India's food delivery business could

Just as Zomato&nbsp;readies to deliver an IPO and Swiggy&nbsp;serves a hot valuation of $5 billion, brokerage house CLSA&nbsp;says India's food delivery business could be a $11 billion market in 5 years. Swiggy controls 47% of the market while Zomato accounts second at 45%.&nbsp;Zomato was valued at $5.4bn (in February 2021) and Swiggy at $4.9bn (in April 2021). Amazon entered the market in May 2020 but significantly lags the two major players.&nbsp; CLSA&nbsp;expects Swiggy&nbsp;to take on a 'super-app' strategy as only 2 out of the last 10 entrants continue to operate.&nbsp;

Even as the govt opens vaccinations for all adults from May 1, the big question in the infection epicentre Maharashtra is, Where are the vaccines?...

Even as the govt opens&nbsp;vaccinations for all adults from May 1, the big question in the infection epicentre Maharashtra is -: Where are the vaccines?
Mid-morning on Tuesday vaccination drive at Mumbai's BKC centre has been halted due to shortage of vaccine.&nbsp;Boards reading 'Vaccine out of stock', put up outside BKC vaccination centre. Dean of the Centre has stated , "We had 350-400 Covishield doses, we've administered it. We're awaiting more doses. Around 2000 Covaxin doses are available for second dose, that is being administered."&nbsp;
On Monday, as many as 31 private centres couldn&rsquo;t administer vaccine in the city as they had run out of vaccine many state run hospitals too faced the same hurdle.&nbsp;
Also Read | <a href="https://www.editorji.com/story/india-set-to-waive-import-duty-on-covid-vaccines-says-report-1618892667098" target="_blank">India set to waive import duty on Covid vaccines, says report</a>

To raise the pace of vaccinations all eyes on Sputnik V arriving in India, speaking to media outlets Dr Reddy's clarifies on when the jab could be here and how much it

To raise the pace of vaccinations all eyes on Sputnik V arriving in India, speaking to media outlets Dr Reddy's clarifies on when the jab could be here and how much it would cost, here are the key pointers-:&nbsp;
<ul>
<li>Import of vaccine could be in a few weeks and pricing is being finalised</li>
<li>While global price for Sputnik is $10/dose, discussions are on price for imported doses in India&nbsp;</li>
<li>Importing will be the only option for now as manufacturing Sputnik V in India will take several months&nbsp;</li>
<li>Most vaccine producers pro price caps for those who need it but encourage govt to remove subsidy for those who can afford.</li>
</ul>

As the govt opens up vaccinations for the entire adult population here are some facts you need to take note of -: A total of about 124 million doses have been

As the govt opens up vaccinations for the entire adult population here are some facts you need to take note of -:&nbsp;
<ul>
<li>A total of about 124 million doses have been administered to 107.4 million people which represents 7.9% of the Indian population only 1.2% of population has received both shots.</li>
<li>At this current &nbsp;rate which is 2.7m/day &nbsp;India will need 6 months to vaccinate all of its population older than 45 and&nbsp;20 months to vaccinate all above 18 as per brokerage house&nbsp;CLSA's analysis</li>
<li>Gujarat, Himachal and Chhattisgarh are expected to take longer to vaccinate their populations fully while Assam, Uttar Pradesh and Bihar are expected to be quicker as per data by&nbsp;India Ministry of Health &amp; Family Welfare</li>
</ul>

Sputnik V vaccine has an efficacy of 97.6% against Covid-19 said Moscow's Gamaleya Institute and the Russian Direct Investment Fund.

<a href="https://www.editorji.com/story/sputnik-v-soon-in-india-all-you-need-to-know-about-this-covid-19-vaccine-1618754878130" target="_blank">Sputnik V vaccine</a> has an efficacy of 97.6% against <a href="https://www.editorji.com/covid-19" target="_blank">Covid-19</a> said&nbsp;Moscow's Gamaleya Institute and the Russian Direct Investment Fund. The data is based on the 3.8 million people who have received the full dose and is much higher than the 91% efficacy stated during trials.&nbsp;
Also Read | <a href="https://www.editorji.com/story/know-your-vaccines-how-do-sputnik-v-covaxin-and-covishield-work-1618306290653" target="_blank">Know your vaccines: How do Sputnik V, Covaxin and Covishield work?</a> Hyderabad based <a href="https://www.editorji.com/story/sputnik-v-when-will-it-come-how-much-will-it-cost-dr-reddy-s-lab-gives-clarity-1618899580386" target="_blank">Dr&nbsp;Reddy&rsquo;s Laboratories</a> will start importing bulk doses of its anti-coronavirus vaccine Sputnik V from Russia between April to June.
According to a contract signed between Hyderabad-based DRL and Russian Direct Investment Fund (RDIF), India will receive about 250 million doses of Sputnik V that would be sufficient for 125 million people.
Also Read | <a href="https://www.editorji.com/story/covid-19-sputnik-vaccine-to-be-rolled-out-in-india-next-month-1618473186372" target="_blank">Covid-19: Sputnik vaccine to be rolled out in India next month</a>

Domino’s India’s customer data has allegedly been breached, and is available on the dark web. Domino's says that no financial details were accessed.

According to cybersecurity firm chief&nbsp;Alon Gal, Domino&rsquo;s India&rsquo;s customer data has been breached, and is available on the dark web.
The data allegedly includes sensitive customer information like names, phone numbers, and credit card details. The 13TB data breach also includes information about the company&rsquo;s internal practices, and is reportedly on sale for 10 BTC, or around ₹4.25crore.
Domino&rsquo;s India said in a statement to Gadgets 360 that they had experienced a breach, but no data pertaining to financial information of any person was accessed, as the company does not store financial details or credit card data as a policy.
They further added that they are investigating the matter, and have taken necessary action to contain the incident.

Amidst acute shortage of Remdesvir across the nation Jubilant Pharma has developed an oral substitute for the anti-viral drug. The pharma major stat

Amidst acute shortage of Remdesivir&nbsp;across the nation&nbsp;Jubilant Pharma&nbsp;has developed an oral substitute for the anti-viral drug. The pharma&nbsp;major stated it has completed safety trials in animals and healthy human volunteers in India using a novel oral formulation of Remdesivir.&nbsp; The proposed oral treatment is expected to be for five days. Jubilant has now sought approval for additional studies for this oral formulation from the Drug Controller General of India (DCGI). Jubilant Pharma&nbsp;is one of the 7 companies in India who produce Remdesivir&nbsp;in partnership with&nbsp;Gilead.&nbsp;

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