NEW DELHI: Shares of Bharti Airtel traded 0.96 percent up in Monday 's trade Around 2162626 shares changed hands on the counter. The stock opened at Rs 498.05 and touched an intraday high and low of Rs 503.05 and Rs 496.4 , respectively, in the session so far. The stock quoted a 52-week high of Rs 566.7 and a 52-week low of Rs 264.29. Trai has decided not to...
Axis Bank's results for the year ended March 31, underscore high levels of stress and uncertainty across the Indian banking system,” the rating agency said while adding that credit cost of the bank in Q4 was higher than anticipated. The private sector lender last month reported a standalone net loss of Rs 1,387.78 crore for Q4FY20 as provisioning for bad loans...
NEW DELHI: The country’s two biggest foods and beverage makers Nestle and Coca-Cola said on Tuesday that they are suspending production on a temporary basis at their plants, with the exception of limited essential products, following the country-wide lockdown amidst the Covid-19 scare. Nestle, maker of Maggi noodles, Nescafe coffee, Cereal infant cereal, and...
China has reportedly claimed it has had no new coronavirus deaths and only three imported infectious cases as of last week. Authorities have shut down gyms and swimming pools in Beijing amid fears the country is vulnerable to the second wave of coronavirus. In the city of Harbin, more than 70 people have been infected and over 4,000 are being tested after the...
US President Donald Trump has warned that as many as 100,000 people could die of coronavirus in the US. Speaking at a two-hour virtual "town hall", Mr Trump also denied that his administration had acted too slowly. More than 67,000 people have already died with Covid-19 in the US. But Mr Trump expressed optimism about the development of a vaccine, suggesting...
The outlook for EUR/USD has improved after a more upbeat week for the currency that pointed to further modest near-term gains. Shortly after some desperately poor GDP data for the first quarter of this year due to the coronavirus pandemic, and the likelihood that the second quarter will be even worse, the European Central Bank again indicated that it is prepared...