Five Chinese state-owned companies, including oil giant Sinopec and China Life Insurance, said on Friday they would delist from the New York Stock Exchange, amid economic and diplomatic tensions with the United States. The companies, which also include Aluminium Corporation of China (Chalco), PetroChina and a separate Sinopec entity, Sinopec Shanghai Petrochemical Co, each said …
The India Meteorological Department (IMD) in its latest weather forecast informed that apart from the extreme south peninsular and Northeast India, the rest of the regions in the country can expect relatively uneventful weather conditions for the next five days. “No significant weather over the country during the next 5 days except over extreme south …
All government schools in the state that were established before Independence have to be declared as ‘Heritage Schools,’ Pema Khandu, chief minister, Arunachal Pradesh, announced on Wednesday. These schools will receive special attention for infrastructure development, including the addition of a museum within their premises. The decision was prompted by a request from the organisers …
Indian equity markets are likely to open in the red amid, hinted SGX Nifty. Nifty futures traded 49.5 pts, or 0.28% lower at 17,440.50 on the Singapore Exchange, signalling that Dalal Street was headed for a negative start. In the previous session, BSE Sensex tanked 872 points or 1.46%, to end below the 59,000, while …
Dr. Reddy’s Laboratories Ltd. on Wednesday announced the launch of its first direct-to-consumer (D2C) e-commerce website ‘Celevida Wellness’ for diabetes patients by its wholly-owned subsidiary, Svaas Wellness Limited. ‘Celevida Wellness’ aims to become a one-stop solution for personalised diabetic care for Type 2 diabetic and pre-diabetic individuals, the company said in a statement. Since its …
Global fund managers have scaled back their pessimism on stock markets and now foresee slightly better days ahead for the asset class, Bank Of America’s (BofA) Global Fund Managers survey showed. “Sentiment remains bearish, but no longer apocalyptically bearish as hopes rise that inflation and rates shock end in coming quarters,” the monthly survey showed. …