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Lockdowns and the Covid-19 pandemic has had an impact on sectors associated with accommodation and workspaces. However, the scenario seems to be less worrisome as the 'new normal' has created a demand for certain items such as furniture that would be ideal for household across the country. This week on Startup and You, Fabrento's Sidhanth Lamba tells us more about the scope of interiors and furniture as well as the best way forward.
Listen to the discussion.
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In this episode of the Race to the White House, we take a look at Tuesday’s presidential debate between US President Donald Trump and Democratic nominee Joe Biden. The debate, which is generally used by the candidates to voice their vision for the country, was chaotic and messy. Both candidates traded charges at each other, it was more of rhetoric than substance. There were four pre-decided topics for the debate – the candidates' records, coronavirus pandemic response, the Supreme Court, the economy and voting issues. In this week's episode, we’ll look how Trump and Biden performed in the first of the three presidential debates.
Season 13 of the Indian Premier League (IPL) has paved many opportunities for business enterprises, including startup companies. This cricket tournament has led to many changes in India's advertising space. What does this IPL have in store for advertisers? Would such tournaments be able to build a loyal fan-following for the game, especially if the majority of the population appreciates in another sport? Has the Covid-19 pandemic had an impact on the games TV viewers?
Listen to the discussion between veteran advertiser Sandip Ghose and BusinessLine's Abhishek Law.
The low-pressure area over West-Central and adjoining North-West Bay of Bengal off the North Andhra Pradesh and South Odisha persists this (Friday) morning, promising fairly widespread to widespread rainfall for Odisha, Jharkhand and plains of West Bengal for the next 3-4 days.
MK Agarwal, former promoter chairman of logistics company Gati, is being probed by market regulator Securities and Exchange Board of India (SEBI) for alleged related party transactions and siphoning off funds.
This comes after his wife Neera and sons Dhruv and Manish told SEBI that he had diverted company funds to private ventures.
Click here for more details.
You must be aware by now, that on September 11, the Securities and Exchange Board of India (SEBI), announced a change in investing norms for multi-cap funds.
The existing investors in multi-cap funds have been wondering if they should continue to invest in these funds or exit.
To answer this and more, BusinessLine's Satya Sontanam interacted with Kalpen Parekh, President of DSP Mutual Fund.
Heavy rainfall has been forecast at isolated places over Coastal Andhra Pradesh and the North-Eastern States of Nagaland, Manipur, Mizoram and Tripura today. Strong south-westerly winds speeding up to 45-55 km/hr have been forecast over the Andaman Sea during the day. Thunderstorm with lightning has been warned over Jharkhand, plains of West Bengal, Andaman & Nicobar Islands, Assam, Meghalaya, Nagaland, Manipur, Mizoram, Tripura, Madhya Maharashtra, Marathawada, Telangana and Coastal Andhra Pradesh.
Listen to the podcast by Vinson Kurian.
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With increased relaxation of the Covid-led shutdowns, the manufacturing sector is gaining momentum in September, as the Purchasing Managers’ Index for September rose to 56.8, against 52 in August. This reading is the highest since January 2012.
The health of the sector showed improvement with accelerated increases in new orders and production, said IHS Markit. Exports bounced back, after six successive months of contraction, while inputs were purchased at a sharper rate and business confidence strengthened.
Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries (RIL), has raised an additional Rs 1,875 crore from co-investors of Silver Lake. This is the second raising by the company that was raised in a single day. Earlier during the day, RRVL raised Rs 3,675 crore from General Atlantic.
This latest investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.
Click here for more details.
The Centre has extended the deadline for the submission of expression of interest for the privatisation of state-run oil refiner Bharat Petroleum Corporation Ltd to November 16. The previous deadline was the September 30.
The government seeks to privatise BPCL by selling its 52.98 per cent stake to a strategic buyer. BPCL is India’s third biggest oil refiner and the second largest fuel retailer.
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