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Reliance Home Finance reports standalone net loss of Rs 238.37 crore in the March 2020 quarter

Sales decline 53.40% to Rs 276.85 crore




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Uttam Galva Steels reports consolidated net loss of Rs 536.04 crore in the March 2020 quarter

Sales decline 57.18% to Rs 118.66 crore




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Reliance Power reports consolidated net loss of Rs 4206.38 crore in the March 2020 quarter

Sales rise 13.39% to Rs 1798.05 crore




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Swaraj Engines standalone net profit declines 4.86% in the March 2020 quarter

Sales decline 8.53% to Rs 175.13 crore




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Reliance Capital reports consolidated net loss of Rs 2124.00 crore in the March 2020 quarter

Sales decline 33.91% to Rs 3580.00 crore




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Reliance Infrastructure reports consolidated net loss of Rs 153.84 crore in the March 2020 quarter

Sales decline 9.01% to Rs 3625.86 crore




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AIADMK ahead in 134 seats, DMK, allies in 83

Jayalalithaa leading by over 16,000 votes in Dr RK Nagar constituency, ahead of her DMK rival Shimla Muthchozhan




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Tamil Nadu Assembly polls: 5 factors that likely worked against the DMK

The party was expecting a victory against the All India Anna Dravida Munnetra Kazhagam (AIADMK) and the exit polls boosted this confidence




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Jayalalithaa breaks the jinx: Five top victory quotes

She said she has no other interest in life than working for the people of Tamil Nadu




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Stalin's spirited campaign makes it a close contest in TN

Analysts now believe that if the DMK had projected him the chief ministerial face instead of his 91-year-old father the whole hog, probably the election verdict could have been different




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Jayalalithaa deprives Karunanidhi of last hurrah

The J Jayalalithaa-led AIADMK has retained power by winning 134 seats in the 234 Assembly seats




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Jayalalithaa elected as legislature party leader

The party won election with 134 seats out of 232 seats




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Post win, Jayalalithaa meets TN Governor, stakes claim to form govt

This is for the first time since MGR's death in 1987 that a party will return to power for a second straight term in Tamil Nadu




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Jayalalithaa calls on Tamil Nadu governor, stakes claim to form govt

She is likely to be sworn in as chief minister for a second consecutive term on May 23




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Jayalalithaa stakes claim to form govt, stage set for oath on Monday

AIADMK Supremo hands over a list of 29 legislators who will be appointed as the ministers




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Jayalalithaa to be sworn in as CM on May 23

28 others, including her trusted lieutenant and Finance Minister in outgoing Cabinet O Panneerselvam, to also take oath




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Jayalalithaa keeps five poll promises on Day 1

AIADMK chief becomes Tamil Nadu CM for the sixth time




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Sops for railways unlikely as Jaitley says customers must pay for services

They have decided that by 2019 all its accounting will move to accrual system




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Rail stocks decline 3-5% ahead of Railway Budget

The investors are looking for a safety fund for Railways




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IRCTC, IRCON, IRFC to be listed on bourses: Jaitley during Budget address

Government will continue to use the ETF route for disinvestment of PSUs




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IRCTC, IRCON to be listed: Railways mega holding co on the backburner?

Railway authorities termed listing of these companies as a 'shocker'




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Steel sector seeks govt support on lines of textiles, sugar

Apart from duty safeguards, industry also seeks year-long moratorium on payment of interest and principle




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Budget goodies for GIFT, markets likely

Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets




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Dr Reddy's Labs hits 52-week high after Srikakulam facility gets EIR from USFDA

Dr. Reddy's Laboratories jumped 4.84% to Rs 4020 after the company said its manufacturing plant at Srikakulam in Andhra Pradesh received the Establishment Inspection Report (EIR) from US drug regulator.




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Biocon gains after Bengaluru API facility gets EIR

Biocon gained 1.82% to Rs 356 after the company said it received establishment inspection report (EIR) for small molecules API manufacturing facility in Bengaluru.




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NLC India slips after fire accident at Neyvali plant

NLC India fell 0.46% to Rs 43.70 after the company said eight workers were injured in a fire accident at the TS II power plant in Neyveli, Tamil Nadu.




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Indices pare gains, PSU banks decline

The benchmark indices pared gains in early afternoon trade as profit booking emerged at higher levels. The Nifty held above the 9300 mark. At 12:29 IST, the barometer index, the S&P BSE Sensex, was up 397.91 points or 1.27% at 31,841.29. The Nifty 50 index rose 106.05 points or 1.15% at 9,305.10.




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HDFC Life Insurance Company Ltd rises for third straight session

HDFC Life Insurance Company Ltd is quoting at Rs 519.65, up 5.08% on the day as on 12:54 IST on the NSE. The stock is up 26.88% in last one year as compared to a 17.57% slide in NIFTY and a 20.42% slide in the Nifty Financial Services index.




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Kokuyo Camlin Ltd leads losers in 'B' group

Healthcare Global Enterprises Ltd, Ganges Securities Ltd, Pritish Nandy Communications Ltd and The Byke Hospitality Ltd are among the other losers in the BSE's 'B' group today, 08 May 2020.




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Thousands Line Up to Receive Boxes of Food in New Jersey

Outside of New York, New Jersey is the state that has been hit hardest by the pandemic. WSJ visited a recent emergency food distribution event in Newark to speak with New Jerseyans about food insecurity during the pandemic.




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Coronavirus Update: California Borrows Federal Cash, United Plans Cuts

California is the first state to borrow federal funds to cover rising jobless claims, United Airlines expects to cut its management ranks by 30%, and the FDA sets standards for antibody tests in a crackdown on fraud. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Rich Pedroncelli/Associated Press




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Kim Jong Un Re-Emerges, Strolling and Smoking

State-media footage shows North Korean leader Kim Jong Un cutting the ribbon at a fertilizer factory, ending a nearly three-week absence from public view that fueled rumors of his death. Photo: KRT/Associated Press




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Mahindra Holidays & Resorts India reports consolidated net loss of Rs 164.57 crore in the March 2020 quarter

Sales decline 2.83% to Rs 616.61 crore




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Adani Transmission consolidated net profit declines 35.72% in the March 2020 quarter

Sales rise 25.20% to Rs 3186.96 crore




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ICICI Bank consolidated net profit rises 6.92% in the March 2020 quarter

Total Operating Income rise 11.47% to Rs 21740.68 crore




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HDFC Asset Management Company standalone net profit declines 9.54% in the March 2020 quarter

Sales decline 2.13% to Rs 476.13 crore




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Lupin's Pithampur facilities complete UK MHRA inspection

The drug major on Friday (8 May 2020) informed that the inspection of its three units at Pithampur in Madhya Pradesh by the UK health regulator has been completed.




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Cipla receives EIR for Bommasandra API facility

Cipla said that following USFDA inspection, the company's manufacturing facility in Bommasandra, Bangalore has received the EIR, indicating closure of the inspection.




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UN: Live animal markets shouldn't be closed despite virus

The World Health Organization (WHO) said on Friday that although a market in the Chinese city of Wuhan selling live animals likely played a significant role in the emergence of the new coronavirus, it does not recommend that such markets be shut down globally. In a press briefing, WHO food safety and animal diseases expert Peter Ben Embarek said live animal markets are critical to providing food and livelihoods for millions of people globally and that authorities should focus on improving them rather than outlawing them -- even though they can sometimes spark epidemics in humans. "Food safety in these environments is rather difficult and therefore, it is not surprising that sometimes we also have these events happening within markets," Ben Embarek said. He said reducing the risk of disease transmission from animals to humans in these often overcrowded markets could be addressed in many cases by improving hygiene and food safety standards, including separating live animals from ...




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Indian-American grocery store owner in Silicon Valley charged with price gouging

The owner of a popular Indian-American grocery story has been charged with price gouging during the coronavirus pandemic, when the entire state is under stay-at-home orders. Following consumer complaints, an investigation office revealed that Rajvinder Singh, owner of the popular Apna Bazaar in California's Pleasanton, had allegedly increased the prices of grocery items following the emergency declaration by the governor on March 4. Based on evidence provided by customer receipts, the investigation confirmed that the pricing of several food items exceeded the 10-per cent increase allowed during a state of emergency, with some prices being as much as 200 per cent more than what was previously charged, according to a joint statement issued by California Attorney General Xavier Becerra and Alameda County District Attorney Nancy O'Malley. The food items listed in the complaint include yellow onions, ginger, green beans, instant noodles, tea, chili peppers, pomegranates and red yams. "We ..




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Barca return to training as La Liga eyes restart

Barcelona returned to training after the La Liga champions allowed their stars to enter their facility to prepare for a potential restart to football in Spain. Lionel Messi and company took the fields at Joan Gamper training centre for individual sessions, for which the players arrived alone in kit and took to the three pitches without passing through the changing rooms. As well as doing their routines, they were also subjected to tests to see what effect two months of coronavirus quarantine has had on their bodies. "Finally we are getting back to normal. We hope to carry on and that soon we can get back to enjoying what we like to do most," Arturo Vidal told sports daily Marca. Sevilla, Villarreal, Osasuna and Leganes also returned to training, while Real Madrid -- who were two points behind league leaders Barca when play stopped in mid-March -- will likely start again on Monday should their players pass virus tests carried out on Wednesday. That would mark almost two months since ...




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Eliza Scanlen, Thomasin McKenzie in talks for M Night Shyamalan's next

"Little Women" star Eliza Scanlen and "Jojo Rabbit" breakout Thomasin McKenzie are among the actors in negotiations for M Night Shyamalan's next directorial feature. According to Variety, Aaron Pierre, Alex Wolff and Vicky Krieps are also in discussions for the filmmaker's top-secret project, which he will write, direct and produce. Though the details of the plot have been kept under wraps, it is rumoured that the movie might be connected with some of the other films by the director. The yet-to-be-titled feature will be released by Universal Picture. Scanlen, 21, is best known for starring in TV series "Sharp Objects" and Greta Gerwig's "Little Women" adaptation, while 19-year-old McKenzie broke out with Taika Waititi's Oscar-winning satirical feature "Jojo Rabbit". Krieps, 36, became popular after she starred in Paul Thomas Anderson's romance drama "Phantom Thread", opposite Daniel Day Lewis. Wolff, 22, is best-known for starring in movies such as Ari Aster's "Hereditary" and the two




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Australian captain Lanning delivers virtual batting class for Ireland women's team

World Cup winning-Australia captain Meg Lanning has used the extra time in hand amid the COIVD-19 pandemic to provide a virtual batting class to Ireland women's cricket squad. Lanning was joined by former Ireland skipper Isobel Joyce in the initiative that took place this week to help the players keep their skills sharp during the forced break from cricket. The duo touched upon a number of topics, including the mental preparation going into a big game, shot selection and an analysis of the Australian captain's T20I century against England last year. The session was chaired by Irish women's team head coach Ed Joyce and also featured Australia boss Matthew Mott. "Any time you can pick the brains of experienced cricketers such as Meg and Isobel is valuable, and I know that our entire squad enjoyed this unique opportunity," Ireland skipper Laura Delany said. "People often underestimate the mental aspect of the game, and both players spoke about the importance of mental preparation before .




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5-year-old boy dies from rare inflammatory illness linked to COVID-19 in US

In a worrying development, a five-year old boy has died in New York from a rare inflammatory illness linked to the coronavirus, while the death of another seven-year-old boy is being investigated for possible links to the mysterious pediatric syndrome. The New York State Department of Health is investigating several cases of the severe illness in children and child deaths that may be linked to the serious inflammatory disease called "Pediatric Multi-System Inflammatory Syndrome Associated with COVID-19." There have been 73 reported cases in New York where children are experiencing symptoms similar to Kawasaki disease and toxic shock-like syndrome possibly due to COVID-19. On Thursday, a 5-year-old boy died in the New York City from these COVID-related complications, Cuomo said. Officials in Westchester County in upstate New York say that a 7-year-old boy died late last week at Maria Fareri Children's Hospital in Valhalla. Michael Gewitz, Physician-in-Chief of Maria Fareri Children's ..




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Militants increasing attacks on Burkina Faso mines

Jihadists burst into the gold mine where Moussa Tambura worked in Burkina Faso, forbidding everyone from smoking and drinking. It wasn't long before the men returned and leveled the place to the ground. They attacked the site, killed people and burned houses, said Tambura, 29, clenching his fists. He was able to find work again after fleeing to Bouda, another town in country's north that still has small-scale mining. Still, he struggles to provide for his family since his new job isn't as lucrative as his old one. Jihadists linked to al-Qaida and the Islamic State organization have been overrunning gold mines like Tambura's one by one as they try to gain control of Burkina Faso's most lucrative industry. The extremists are then collecting a protection tax from communities living around the gold mines and also forcing the miners to sell them the gold exclusively, which is then smuggled and sold across the border in places like Benin, Ghana or Togo. The violence already has shuttered ...




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Caterina Scorsone, husband Rob Giles split after 10 years of marriage

"Grey's Anatomy" star Caterina Scorsone and her musician husband Rob Giles have decided to part ways after 10 years of marriage. According to People magazine, Scorsone and Giles have decided to co-parent their three daughters: Eliza, seven, Paloma "Pippa" Michaela, three, and Arwen, who was born in December. "Caterina and Rob have separated. They remain friends and are committed to co-parenting their children in a spirit of love," the duo's representative said in a statement. The actor, known for playing Amelia Shepherd on Grey's Anatomy, tied the knot with Giles in 2009.




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COVID-19: China's socialist political system has shown it can overcome any challenge: Prez Xi

Mounting a strong defence of the ruling Communist Party of China, President Xi Jinping has said the COVID-19 fight has once again shown that the CPC leadership and the country's socialist political system can overcome any challenge. Xi's comments came as China faced global criticism for its initial inaction to act against the novel coronavirus, which according to Chinese officials emerged in the central Chinese city of Wuhan in December last year. Pressure is also mounting on Beijing to agree for an international probe on the origins of the vicious virus, including from the Wuhan Institute of Virology (WIV), as claimed by the US leadership. China curbed the spread of the coronavirus in over a month and brought COVID-19 under control at its first epicentre in Wuhan in about three months, Xi, also the General Secretary of the CPC, said at a symposium held on Friday to get suggestions from non-ruling Communist Party of China (CPC) parties on COVID-19 prevention and control. He termed the




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Sri Lankan Muslims urge govt for burial for COVID-19 victims

Muslim theologists in Sri Lanka have urged the government to reconsider its decision on cremating the Muslims who died due to the coronavirus, saying the revised rule goes against the Islamic tradition. Sri Lanka has made cremations compulsory for coronavirus victims, ignoring protests from the country's Muslims, who make up 10 per cent of the 21 million population. In a letter to the Director General, Health Services, the All Ceylon Jamiyyathul Ulama (ACJU) claimed that more than 180 countries in line with the guidelines of the World Health Organisation have allowed burials for Muslims who die of COVID-19. It is our moral and ethical duty to abide by the law of the country and to guide people towards it. But it does not imply that we endorse or give consent to this ruling as it is against our religious principles, the letter said. They urged the health authorities to reconsider the decision. The Muslim clerics in Sri Lanka had earlier also made an appeal regarding their opposition ..




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The Equalizer', Silence of the Lambs' TV reboots greenlit at CBS

CBS network has given straight-to-season orders to TV spin-offs based on movies The Equalizer and Silence of the Lambs. The Silence of the Lambs series, titled Clarice, features Pretty Little Liars actor Rebecca Breeds as FBI agent Clarice Starling, the character portrayed by Jodie Foster and later Julianne Moore on the big screen. In The Equalizer reboot, Queen Latifah will play the role of a retired special-ops agent, the part previously essayed on TV and film by Edward Woodward and Denzel Washington. Chris Noth, Lorraine Toussaint, Tory Kittles, Liza Lapira, and Laya DeLeon Hayes also star. According to Entertainment Weekly, CBS also greenlit to series a new comedy from Chuck Lorre along with Marco Pennette titled B Positive. The network is planning to premiere the shows sometime later this year or in 2021.




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Golden Globes makes temporary changes to foreign language film eligibility rules

The Hollywood Foreign Press Association (HFPA) has tweaked its rules for the Golden Globes in regard to the foreign language film category, amid the coronavirus pandemic. According to Variety, HFPA has announced that foreign language films will not need a theatrical release in their own country to be eligible for the 2021 Golden Globes. Earlier there was a rule that foreign films must be released in their country of origin during the 15-month period from October 1 to December 31 prior to the awards. Foreign-language motion pictures that had a bona fide theatrical release planned to begin in their country of origin during the period from March 15 until a date to be determined by HFPA when cinemas in that country have generally reopened, may instead be released in any country in any format and will still be eligible for the Golden Globe foreign-language motion picture awards, the new rule states. The films can be released in motion picture format such as in theatres or on pay-per-view ..