mar

R Systems International consolidated net profit declines 23.02% in the March 2020 quarter

Sales rise 6.60% to Rs 209.26 crore




mar

Adani Gas consolidated net profit rises 60.28% in the March 2020 quarter

Sales decline 0.77% to Rs 462.25 crore




mar

SBI Card & Payment Services standalone net profit declines 66.41% in the March 2020 quarter

For the full year, net profit rose 43.91% to Rs 1244.82 crore in the year ended March 2020 as against Rs 864.97 crore during the previous year ended March 2019




mar

TCI Express standalone net profit declines 12.56% in the March 2020 quarter

Sales decline 10.50% to Rs 237.94 crore




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Shree Cement consolidated net profit rises 57.60% in the March 2020 quarter

Sales decline 2.13% to Rs 3415.14 crore




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Reliance Power reports standalone net loss of Rs 264.94 crore in the March 2020 quarter

Sales decline 2.72% to Rs 6.09 crore




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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




mar

Budget goodies for GIFT, markets likely

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




mar

Benchmarks near day's high; RIL in demand

The domestic equity barometers traded near the day's high in morning trade. The Nifty was trading above the 9300 mark. Buying in index major Reliance Industries (RIL) pushed the benchmarks higher. At 10:29 IST, the barometer index, the S&P BSE Sensex, was up 441.29 points or 1.40% at 31,884.67. The Nifty 50 index rose 122.10 points or 1.33% at 9,321.15.




mar

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




mar

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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Avantel standalone net profit rises 27.55% in the March 2020 quarter

Sales rise 49.79% to Rs 21.69 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




mar

Govt raises market borrowing plan to Rs 12 lakh crore for FY2021

RBI issues revised Calendar for issuance of Marketable Dated Securities for the remaining period of H1 (11 May - 30 September 2020)




mar

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 ...




mar

NY State cites COVID-19 in presidential primary appeal

An appeals court should let a June 23 primary election in New York state proceed without voters and poll workers being forced to risk exposure to the coronavirus to vote for a Democratic candidate for president when the race is essentially over, lawyers for the state said Friday. The written arguments were filed by Attorney General Letitia James and Senior Assistant Solicitor Judith N. Vale after a judge ordered the state to include the presidential race on the ballot even though former Vice President Joe Biden is essentially running unopposed. The 2nd U.S. Circuit Court of Appeals in Manhattan has scheduled oral arguments for next Friday. On Tuesday, U.S. District Judge Analisa Torres said it was unconstitutional to eliminate the Democratic presidential primary after delegates for withdrawn candidates Bernie Sanders and Andrew Yang complained that doing so weakens their standing at the Democratic Convention. She noted that a primary for contested races across New York state was ...




mar

Being ostracized: Virus leaves its mark for UK's elderly

From resounding applause to ostracization and isolation. That's essentially the journey Lt. Cmdr. Robert Embleton, who served 34 years in Britain's Royal Navy, took by ambulance when discharged from Derriford Hospital in Plymouth, southwestern England, on April 8 following his near-month sickness with COVID-19. Arriving at his retirement home, he immediately went into self-isolation with his wife of 55 years, Jean, who has shown no symptoms of the virus. Soon after, Embleton realized he was carrying some new baggage the stigma of the virus. He even considered buying a bell to warn of his presence. I was regarded as a sort of leper, a plague carrier. Some people when they spotted me, they recoiled, the 79-year-old told The Associated Press. I was particularly regarded as a menace. That's some contrast to his final moments at Derriford Hospital, when the somewhat embarrassed Embleton received a round of applause from all the front-line staff from the cleaners to the doctors. Embleton ..




mar

Maradona autographs shirt to help Buenos Aires poor

Diego Maradona has lent a hand in the fight against the coronavirus pandemic in his hometown by autographing an Argentina national team jersey for a raffle. The sale raised money for an underprivileged area on the outskirts of Buenos Aires affected by quarantine rules. "We're going to get through it," Maradona wrote on the jersey, a replica of the one he wore when he led his country to victory in the 1986 World Cup. The jersey was first offered at auction, but is being raffled to those who have given donations in an initiative that has collected hygiene products, masks and around 100 kilograms (220 pounds) of food for charity. "Diego can't even imagine what he has done for us, it's priceless. I'll be grateful to him until the day I die," said local resident Marta Gutierrez. In addition to the pandemic, Argentina is facing a serious economic crisis and is in laborious negotiations on debt restructuring with creditors.




mar

Putin marks Victory Day in virus-reduced ceremony

Russian President Vladimir Putin marked Victory day, the anniversary of the defeat of Nazi Germany in World War II, in a ceremony shorn of its usual military parade and pomp by the coronavirus pandemic. Putin on Saturday laid flowers at the tomb of the unknown soldier just outside the Kremlin walls and gave a short address honouring the valour and suffering of the Soviet army during the war. Victory Day is Russia's most important secular holiday and this year's observance had been expected to be especially large because it is the 75th anniversary, but the Red Square military parade and a mass procession called The Immortal Regiment were postponed as part of measures to stifle the spread of the virus. The only vestige of the conventional show of military might was a flyover of central Moscow by 75 warplanes and helicopters. In the final events of the VE Day commemoration in Western Europe, which took place a day earlier, Berlin's landmark Brandenburg Gate was illuminated late ...




mar

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.




mar

Nike's rivals play catch-up in marathon shoe wars

When Eliud Kipchoge made history by beating the two-hour mark for the marathon, the Kenyan was wearing a pair of controversial Nike running shoes that has sent rival companies scrambling to play catch-up in a business worth billions of dollars. The likes of Adidas, Asics, Brooks, Hoka, New Balance and Saucony have recently released or are about to unveil their own carbon-fibre versions of running shoes. Critics claim the new shoes are the equivalent of mechanical doping, while supporters hail them as a revolutionary technical advance in footwear after decades of stagnation. Nike said its Vaporfly range, unveiled in 2016, was an "example of how product design can capture the fascination of an entire sporting community and, more broadly, inspire new benchmarks of athletic potential", boasting an improvement in times by up to four percent. Elite athletes wearing versions of the Vaporfly, the carbon plates of which lend a propulsive sensation to every stride, have set a rash of personal ..




mar

Russia, Belarus mark Victory Day in contrasting events

Russian President Vladimir Putin marked Victory Day, the anniversary of the defeat of Nazi Germany in World War II, in a ceremony shorn of its usual military parade and pomp by the coronavirus pandemic. In neighboring Belarus, however, the ceremonies went ahead in full, with tens of thousands of people in the sort of proximity that has been almost unseen in the world for months. Putin on Saturday laid flowers at the tomb of the unknown soldier just outside the Kremlin walls and gave a short address honoring the valor and suffering of the Soviet army during the war. Victory Day is Russia's most important secular holiday and this year's observance had been expected to be especially large because it is the 75th anniversary, but the Red Square military parade and a mass procession called The Immortal Regiment were postponed as part of measures to stifle the spread of the virus. The only vestige of the conventional show of military might was a flyover of central Moscow by 75 warplanes and .




mar

Lockdown 3.0: Tecno launches doorstep smartphone delivery with over 35,000 retailers

Smartphone maker Tecno on Saturday said it has launched an initiative to offer customers the option to book their smartphones online and get the handset delivered by neighbourhood retail stores. Also, the Transsion Group company said it will resume operations at its Noida factory in accordance with the government regulations. The new model will help Tecno's network of 35,000 offline retailers revive their businesses and empower consumers to select the product of their choice from the safety of their homes, a statement said. Consumers can reach out to their preferred retailers via Tecno's website and enter their PIN code details. The microsite with a store locator will assist in mapping the retailer and the contact details, and the device will be delivered to their doorsteps by their nearest retailer, it added. "Tecno's unique initiative will enable its consumers to connect and place order with their preferred retailers as per the zoning guidelines of the government from the comfort of




mar

21-year-old married woman commits suicide in Rajasthan's Bundi

A 21-year-old married woman allegedly committed suicide by hanging at her house in a village in Bundi district on Saturday, police said. The deceased woman was identified as Uma Jangid (21), wife of Dinesh Jangid and a resident of Nayagaon village of Kapren town in Bundi district, SHO of Kapren police station Budhiprakesh Nama said. The woman allegedly committed suicide by hanging from the ceiling fan of her room on Saturday early morning while other members of the family were asleep, the SHO said. Prima facie, it appears that the woman took the extreme step due to family reasons, he opined. However, no suicide note was recovered from her possession. Uma got married to Dinesh in 2017. Her parents who had reached here after the death said their daughter did not have any complaints about her in-laws, the policeman said, adding that the couple did not have any child. The body was handed over to her family members after a post-mortem was conducted later in the day, Nama said. A case was ..




mar

Unapproved seeds on the market


The easy availability of Bt Cotton seeds without consent from the government is making a mockery of the regulatory environment. Ashok Sharma reports.




mar

How ‘smart’ is Ahmedabad?


As the Prime Minister launches his vision for cities in the country, it is pertinent to ask what his record has been in the largest city of the state where he was Chief Minister before becoming PM. A recent study finds many pluses, and some minuses. Darryl D'Monte reports.




mar

What is a Smart City?


Last month the government announced the list of 9 new Smart Cities, taking the total of Smart Cities to 99.  Prachee Mishra of PRS legislative takes a look at the Smart Cities Mission and a few issues with it.




mar

Mass marriages to prevent abuse: 550 and counting!


Much has been written on the inhuman atrocities inflicted on women during the 2013 riots in Muzaffarnagar and the deplorable conditions in the relief camps. Saumya Uma draws attention beyond these to how the violence has robbed women of their basic rights and voices in myriad ways.




mar

For rape survivors and families, the nightmare continues


Radha. Zahira. Neha. Names and tales that serve to remind us that despite the reams written, laws passed and discourses held on sexual violence in the country, the road to justice for rape survivors remains as arduous as ever. Manjari Singh reports.




mar

Jitters in Europe Hitting Asian Markets

Markets in Asia refuse to shrug off worries in Europe. The WSJ's Deborah Kan speaks to Hong Kong Digital Editor Jake Lee about how fears over contagion in Europe are impacting Asia.




mar

U.S. Markets Nervous About Direction of Europe

U.S. stock futures advanced, buoyed by gains in European markets, but caution prevailed given increasing worries about Spain's debt crisis. Paul Vigna has details on The News Hub. Photo: Bloomberg.




mar

Markets Cautiously Try to Rebound From Losses

Stocks edged higher, rebounding from sharp losses on Monday, though caution about Spain's debt crisis lingered ahead of a pivotal weekend election in Greece. Steven Russolillo reports on Markets Hub. Photo: Reuters.




mar

Runway Recap: Carolina Herrera, Mary-Kate and Ashley Olsen, Polo in the Park and more from Day 5 of NYFW

GoPros on the runway at Rag & Bone, a 4-D fashion show at Ralph Lauren and more from the tech-heavy fifth day of New York Fashion Week.




mar

Designer Mary Katrantzou To Debut Costumes for New York City Ballet

London fashion designer Mary Katrantzou is among four designers who created costumes for the new York City Ballet. Others include Carolina Herrera, Alexander McQueen’s Sarah Burton and Thom Browne.




mar

The Best of CES 2020, From S-Pods to Smart PJs

This year's CES tech show in Las Vegas might not have had an overarching theme, but it certainly was high on invention. WSJ's Katherine Bindley tries out the most interesting contraptions on display, from Segway's new personal transporter and Samsung's rotating TV to a pair of huge robotic arms and, yes, motion-tracking pajamas. Photo/Video: Emily Prapuolenis




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In the Elevator With GM CEO Mary Barra

WSJ's Joanna Stern "bumps" into General Motors CEO Mary Barra in the WSJ elevator and asks about self-driving cars, NAFTA and how GM is diversifying its workforce. Photo: Jeff Bush/The Wall Street Journal




mar

Why the Bull Market Will Keep on Raging

Mary Ann Bartels, CIO of portfolio solutions at Merrill Lynch, says low interest rates will continue to support U.S. stocks, and emerging market stock valuations are "the best on the planet."




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‘Tiger King’ Popularity Highlights Market for Big Cats in U.S.

The Netflix documentary series "Tiger King" sheds light on the culture of tiger ownership in the U.S., but doesn’t reveal how prolific this culture really is. This video explains the patchwork of state laws that makes private ownership of tigers hard to regulate. Illustration: Carter McCall/WSJ




mar

Barron's Buzz: Machine-Driven Market, Oil, E-Cars

Senior Editor Jack Hough looks at the latest issue. About 90% of market volume is money pouring into index funds and formula-driven funds. What that means for ordinary investors. Oil could be headed to $60. We have stock picks for energy investors. And how to invest electric cars while avoiding risk? Consider shares of Borg Warner.




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3 Cheap Growth Stocks for Any Market

These companies have a record of prospering in good times and bad, says Rob McIver, co-manager of the top-rated Jensen Quality Growth fund.




mar

One ETF for a High-Momentum Market

Sharon French, head of Beta Solutions at Oppenheimer funds, explains factor investing, and what's working now.




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March Jobs Report Doesn't Tell the Full Story; Here's Why

U.S. employers shed 701,000 jobs in March, in the worst month for job losses since the 2007-2009 recession. But these losses still don't show the pandemic's full impact on the labor market. WSJ's Eric Morath explains. Photo: JOHN MINCHILLO/ASSOCIATED PRESS




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AP coastal crisis leaves fishermen marooned


Moneylender troubles, a fast depleting catch due to reckless pollution, and displacement: it has been raining blow after blow on fisherfolk in Andhra Pradesh recently. Will a meeting with a cabinet minister fix things? Keya Acharya reports.




mar

From mandis to markets : Will this round be any better?


The second attempt of the NDA government to create a market for farmers' produce may not fare much better than the first one, for the same reason - it fails to address the asymmetry of power between the farmers and buyers, writes Kannan Kasturi.