China reported 44 more deaths from the novel coronavirus epidemic on Friday and 327 fresh cases, the lowest daily figure for new infections in more than a month. The death toll now stands at 2,788 in mainland China, according to the National Health Commission. … [Read more...] about China reports 44 new virus deaths, lowest rise in new cases in over a month
Other stocks and sectors that are in news today:Axis Bank raises USD 250 million through 3.25 percent senior unsecured notes due May 21, 2020Sintex allots 1 crore shares to FCCB holder on exercise of conversion rightsKridhan Infra allots 32.25 lakh shares on warrant conversion to holders-3i Infotech allots 31 lakh shares against FCCB conversion of USD 10 million BEML rolls out country's biggest Dump TruckNSEL case update: Maharashtra Protection Of Interest Of Depositors (MPID) Court extends Amit Rathi's police custody till March 13Insurance unions give 1-day strike call on March 9 to protest against Insurance Bill: PTISamsung Electronics says in talks with Indian state governments for new manufacturing plantContainer CorporationState Bank Of Travancore cuts base rate from 10.25 percent to 10.15 percent w.e.f MondayGAIL says exempted from sharing under-recovery for Q3, Q4FY15 … [Read more...] about Stocks in news: Suzlon, DLF, JSPL, Hindalco, Jayaswal Neco
An employee union will only result in spoiling their relationship with management. There is any case a very thin line between employees and management in the IT sector. Further, the development comes at the worst possible time for the Indian IT sector which is still struggling to find their mojo. … [Read more...] about Did Karnataka govt shoot itself in the leg by clearing the IT union?
The Sagarmala programme, on the other hand, intends to capitalise on the navigational potential of India’s 7,500 km long coastline and over 14,000 km of inland waterways by declaring 111 waterways as National Waterways. Sagarmala will develop ports as engines of growth with the idea of industrializing the port areas by developing 14 coastal economic zones. It is expected that besides saving Rs 35,000-Rs 40,000 crore as logistics cost annually, boosting exports by about USD 110 billion and generating one crore new jobs, Sagarmala will also double the share of domestic waterways in the modal mix in the next ten years. … [Read more...] about Here’s why giving infrastructure status to the logistics sector is a great move
At 10:08 a.m. ET, the Dow Jones Industrial Average was down 573.93 points, or 2.13%, at 26,383.66, the S&P 500 was down 67.33 points, or 2.16%, at 3,049.06. The Nasdaq Composite was down 221.07 points, or 2.46%, at 8,759.70. All of the 11 S&P sectors were deep in the red with energy losing the most, down 4.1%. Technology, financial, industrials, consumer discretionary, materials and communication services sectors dropped more than 2% each. … [Read more...] about Wall Street slips into correction territory on alarm over coronavirus