Business
- Home is where HR is: How companies are coming up with new onboarding processes in Covid timeson October 16, 2021 at 5:30 PM
In the age of the pandemic, fresh hires are introduced to the company’s ethos, made to feel as though they are a part of the business, eased into the office’s culture from afar — and gifted hampers tailored to the brand on their first day at work.
- Business travel returns. India Inc hits the road again, packed with a load of cautionon October 16, 2021 at 12:19 AM
Companies such as Deloitte, KPMG, Mercedes-Benz, upGrad, Dabur, Panasonic and Simplilearn said executives have started travelling for work when necessary.
- Cyient Q2 results: Profit jumps 44% to Rs 121 cron October 14, 2021 at 4:35 PM
Consolidated revenue from operations increased by 10.79 per cent to Rs 1,111.6 crore during the reported quarter compared to Rs 1,003.3 crore in the corresponding quarter of 2020-21, according to a regulatory filing by the company.
- HCL Tech Q2 results: Consolidated PAT rises 1.7% QoQ, beats estimate; Co to pay Rs 10 dividendon October 14, 2021 at 1:01 PM
The company’s consolidated revenues in the reported quarter climbed 2.9 per on-quarter to Rs. 20,655 crore, which was below Street’s estimate.
- Reliance Industries tops India Inc in World's Best Employer rankings 2021 published by Forbeson October 14, 2021 at 9:36 AM
Other Indian names in the top 100 rankings were ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90, according to the Forbes ranking. State Bank of India (SBI) was placed at 119 and Larsen & Toubro at 127. Infosys was ranked at 588 and Tata Group at 746. Life Insurance Corp (LIC) was placed at 504.
Global News
- The first bitcoin futures ETF in the U.S. is set to begin trading in the week aheadon October 17, 2021 at 11:39 AM
The bitcoin futures ETF from ProShares will begin trading in the week ahead, an amended filing indicated.
- Op-ed: Why the U.S.-China duo is the most significant, and potentially the most perilous, bilateral relationship in human historyon October 16, 2021 at 11:26 PM
Given that reality, neither the U.S. nor China is managing their rising tensions with adequate skill or durable strategy.
- Reddit channel posts stories of anti-vaxxers dying of Covid, scaring fence-sitters into getting the shoton October 16, 2021 at 9:32 PM
A Reddit channel called r/HermanCainAward is filled with stories of people who mocked Covid-19 vaccines before eventually dying from the disease.
- 'Squid Game' success shines a light on how cheap it is to make TV shows outside the U.S.on October 16, 2021 at 9:14 PM
Squid Game's success has made some media executives encouraged that they can find relatively inexpensive hits using local international talent outside the U.S.
- U.S. to lift travel ban Nov. 8, allowing vaccinated international visitors into the countryon October 16, 2021 at 12:09 AM
The measure is a relief for large airlines like Delta, United and American, which have struggled to return to profitability.
Wealth
- Trade setup for Monday: Top 15 things to know before Opening Bellon October 17, 2021 at 12:42 PM
Samco Securities suggests traders to not create fresh longs positions and wait for mild dips to time their entry better. The immediate support on the downside is now placed at 17,850.
- Russian film crew making first movie in space return to Earth after 12-day missionon October 17, 2021 at 11:20 AM
A Russian actor and a film director making the first move film in space returned to Earth on Sunday after spending 12 days on the International Space Station (ISS).
- BCCI invites application for coaching staff of Indian men#39;s cricket team and NCAon October 17, 2021 at 11:06 AM
BCCI said the successful candidate will need to demonstrate that they can create a winning culture and world-leading teams in all forms of the game.
- Pollution increasing in Delhi due to stubble burning in neighbouring states: Arvind Kejriwalon October 17, 2021 at 10:22 AM
Arvind Kejriwal appealed to the governments of Punjab, Haryana and Uttar Pradesh to understand their responsibilities towards reducing stubble burning and controlling pollution.
- Pollution increasing in Delhi due to stubble burning in neighbouring states: Arvind Kejriwalon October 17, 2021 at 10:22 AM
Arvind Kejriwal appealed to the governments of Punjab, Haryana and Uttar Pradesh to understand their responsibilities towards reducing stubble burning and controlling pollution.
Economy
- Domestic sponge iron sector might report negative growth due to coal crisis: Industry body SIMAon October 17, 2021 at 8:03 AM
Sponge Iron Manufacturers Association (SIMA) Executive Director Deependra Kashiva said India is expected to report a 60 percent quarter-on-quarter (q-o-q) fall in its sponge iron output during the July-September 2021 period, amid the ongoing coal crisis.
- Finance Ministry to seek Cabinet nod for setting up company to monetise land assets of privatisation-bound CPSEson October 17, 2021 at 7:59 AM
A special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to the exchequer, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said.
- RBI’s growth estimate ‘exaggerated’ as it fails to reflect state of informal sector: Montek Singh Ahluwaliaon October 17, 2021 at 7:41 AM
Montek Singh Ahluwalia lauded export growth of 64.4 percent but said that there are concerns on whether it will continue into the rest of the year as shortages of containers has led to a sharp rise in transport costs which could weaken performance.
- Gold imports jump multi-fold to $24 billion in April-Septemberon October 17, 2021 at 7:12 AM
Imports of the yellow metal were USD 6.8 billion in the corresponding period last year, the data showed.
- Power consumption up 3% at 57.22 billion units in October 1-15on October 17, 2021 at 7:10 AM
Last year during October 1-15, power consumption stood at 55.36 BU which was higher than 49.66 BU in the same period in 2019.
Healthcare
- WHO advisory group to meet on Oct 26 to decide on Bharat Biotech’s Covaxinon October 17, 2021 at 4:21 PM
“The technical advisory group will meet on Oct 26th to consider EUL for Covaxin,” WHO’s chief scientist Soumya Swaminathan said.
- VLCC Health Care raises Rs 37 crore from foreign entityon October 17, 2021 at 11:39 AM
VLCC, in August, filed the draft papers with Sebi for raising funds via IPO. Thie IPO will consist of fresh issuance of equity shares worth Rs 300 crore and an Offer For Sale (OFS) of 89.22 lakh equity shares.
- US Co plans radiotherapy facilities in government hospitalson October 16, 2021 at 2:17 AM
"In this model, the state is expected to provide space in their hospitals, where a private clinical service provider will set up the radiotherapy centre to treat patients at a cost agreed with the state," Ashok Kakkar, senior managing director-India at Varian told ET.
- Covid-19 outbreak in Delhi shows herd immunity against Delta variant difficult: Studyon October 15, 2021 at 11:09 AM
- Ivermectin is a Nobel Prize-winning wonder drug – but not for COVID-19on October 15, 2021 at 6:00 AM
Ivermectin, when used correctly, has prevented millions of potentially fatal and debilitating infectious diseases. It's meant to be prescribed only to treat infections caused by parasites. It's not meant to be prescribed by parasites looking to extract money from desperate people during a pandemic.
Technology
- RSS urges govt to regulate streaming platforms, cryptocurrencyon October 17, 2021 at 10:22 AM
"There is a need to regularise these things for the larger good of the society," said Mohan Bhagwat, head of the Rashtriya Swayamsevak Sangh.
- Agritech startups: Think beyond organic, think hydroponicson October 17, 2021 at 5:11 AM
Pelican Aeroponic is among two dozen farm startups that have come up over the past few years, with a promise of growing "better-than-organic" or "beyond-organic" fruits and vegetables in India.
- Short-video app Chingari launches $GARI social token, NFT marketplaceon October 16, 2021 at 1:00 PM
Bollywood actor Salman Khan, who recently announced his own NFT collection, has signed on as the brand ambassador for the NFT marketplace. He launched the $GARI programme in Mumbai on Saturday.
- Crypto firms Tether, Bitfinex to pay $42.5 million to settle US CFTC chargeson October 16, 2021 at 7:24 AM
According to the regulator, at various times from June 2016 to late February 2019, Tether made misleading or untrue statements about whether it held sufficient US dollar reserves to fully back up its US dollar tether token.
- El Salvador sees greener crypto-currency mining in its futureon October 16, 2021 at 7:09 AM
Energy-intensive cryptocurrency "mining" is done by computers, and has come under criticism from environmentalists as a big source of demand for mostly fossil fuel-derived electricity.
