Hot Freight Opinions: Reaction to Trevor Milton’s criminal charges
Hot Freight Opinions: Reaction to Trevor Milton’s criminal charges A week ago, Nikola founder Trevor Milton was charged by the U.S. attorney’s office in Manhattan with three counts of fraud in connection with the investigation into the electric vehicle startup….
Stock Futures Tick Up as Jobless Claims Drop
Stock Futures Tick Up as Jobless Claims Drop S&P 500 futures edged higher on data showing that unemployment-benefits applications dropped modestly and the trade deficit widened. Źródło 5 August 2021, 14:51
Six-fold jump in GAIL Q1 profit on higher sales, improved margins
Six-fold jump in GAIL Q1 profit on higher sales, improved margins Net profit reported ₹1,529.92 crore in April-June quarter Źródło 5 August 2021, 14:50
Robinhood, Etsy, Ford, Roku: What to Watch When the Stock Market Opens Today
Robinhood, Etsy, Ford, Roku: What to Watch When the Stock Market Opens Today Robinhood became a meme stock of its own during Wednesday’s session, but looks set to give up some of those gains when the market opens Thursday. Źródło…
Swiggy ties up with Hero Lectro WINN, to pilot cargo e-bikes for food delivery in Hyderabad
Swiggy ties up with Hero Lectro WINN, to pilot cargo e-bikes for food delivery in Hyderabad The food delivery platform hopes to use the e-bike to optimize efficiency and go green Źródło 5 August 2021, 14:49
RBI may deploy LTRR to mop-up excess liquidity with banks
RBI may deploy LTRR to mop-up excess liquidity with banks However, banks are wary of locking-up liquidity for longer tenors Źródło 5 August 2021, 14:49
Agritech startup Faarms raises $2 million seed funding
Agritech startup Faarms raises $2 million seed funding It has been modelled as the Amazon for the farming community. Źródło 5 August 2021, 14:47
Photos of the day: August 5, 2021
Photos of the day: August 5, 2021 Źródło 5 August 2021, 14:35
Western wildfires spreading out of control
Western wildfires spreading out of control The weather has made it difficult for crews to contain some of the large wildfires burning in the West. Until conditions improve, firefighters will have a hard time making headway. We just entered Greenville…
Aditya Birla Capital Q1 net profit up 52%
Aditya Birla Capital Q1 net profit up 52% Total revenue from operations increased by 6.6 per cent to ₹4,298.99 crore Źródło 5 August 2021, 14:34
Airlines' Summer Conundrum: Don’t Fly or Fly to the Same Places
Airlines' Summer Conundrum: Don’t Fly or Fly to the Same Places Lufthansa’s budget arm is doing better than its flagship airline, but low-cost operators still face stiff competition to fly a small number of unrestricted routes. Źródło 5 August 2021,…
Escorts Q1 net profit down 33% sequentially
Escorts Q1 net profit down 33% sequentially However, bottomline grew 93 per cent year-on-year Źródło 5 August 2021, 14:26
TikTok Rival’s Stock Slides Amid Criticism, Removal of U.S. App
TikTok Rival’s Stock Slides Amid Criticism, Removal of U.S. App The shares of Kuaishou Technology tumbled 15% Thursday after the company took down its Zynn app from U.S. stores and the sector it operates in was criticized by a Chinese…
Cera Sanitaryware standalone Q1 net up at ₹13 crore
Cera Sanitaryware standalone Q1 net up at ₹13 crore Improved operating margins and higher sales after unlock fuel growth Źródło 5 August 2021, 14:18
Beijing Cancels August Events, Citing Delta
Beijing Cancels August Events, Citing Delta The cancellations, including a 5G conference, are the latest sign the Covid-19 variant is denting economic activity in China. Źródło 5 August 2021, 14:15
Birla Corporation net up at ₹78 crore
Birla Corporation net up at ₹78 crore EBITDA rose 40 per cent year-on-year to ₹353 crore Źródło 5 August 2021, 14:07
Daily Infographic: Gasoline Explained
Daily Infographic: Gasoline Explained To view more FreightWaves infographics, click here. Źródło 5 August 2021, 14:05
Bank of Maharashtra launches Retain Bonanza-Monsoon Dhamaka
Bank of Maharashtra launches Retain Bonanza-Monsoon Dhamaka Waived processing fees on gold, housing and car loans among other offers Źródło 5 August 2021, 14:04
DGTR recommends anti-dumping duty on ceramic ware from Malaysia to check circumvention
DGTR recommends anti-dumping duty on ceramic ware from Malaysia to check circumvention Establishes that Chinese ceramics being routed through Malaysia into India to avoid paying existing penal duties on imports from China Źródło 5 August 2021, 14:03
SEC Chief Braces for Clash With Crypto Traders
SEC Chief Braces for Clash With Crypto Traders Gary Gensler wants to regulate digital assets to the same extent as stocks, bonds and commodity-related trading instruments. Źródło 5 August 2021, 14:03
Insurtech RenewBuy plans overseas expansion
Insurtech RenewBuy plans overseas expansion Raises $10 million additional capital from Evolvence Capital to close $55 million Series C round Źródło 5 August 2021, 13:56
Sensex, Nifty scale new peaks for the third consecutive session
Sensex, Nifty scale new peaks for the third consecutive session However, sell-off is seen in broader markets Źródło 5 August 2021, 13:55
Tea export earnings rise 11% till May
Tea export earnings rise 11% till May Every kg fetches over ₹42 more Źródło 5 August 2021, 13:49
Rupee settles at 74.17/USD
Rupee settles at 74.17/USD Investors await the RBI policy decision on Friday Źródło 5 August 2021, 13:46
Tokyo logs record 5,042 cases as infections surge amid Games
Tokyo logs record 5,042 cases as infections surge amid Games Prime Minister Yoshihide Suga has denied the Olympics have caused a rise in infections Źródło 5 August 2021, 13:43
Cochin International Airport starts departure flight operations to UAE
Cochin International Airport starts departure flight operations to UAE Passengers must own resident visas and be fully vaccinated Źródło 5 August 2021, 13:39
Tokyo Olympics: Wrestler Ravi Dahiya clinches silver medal
Tokyo Olympics: Wrestler Ravi Dahiya clinches silver medal He has lost to world champion Zavur Uguev. Źródło 5 August 2021, 13:27
Arvind posts Q1 standalone net of ₹2 cr
Arvind posts Q1 standalone net of ₹2 cr Standalone revenue from operations was up at ₹1,340 crore Źródło 5 August 2021, 13:16
NCC Q1 net up at ₹50 cr
NCC Q1 net up at ₹50 cr The Hyderabad-based EPC firm logged a turnover of ₹2083.21 crore in the first quarter Źródło 5 August 2021, 13:14
Supply chain radar: Deutsche Post DHL, the last to join the ‘hall of shame’
Supply chain radar: Deutsche Post DHL, the last to join the ‘hall of shame’ The day started with a giggle when I bumped into a release from Deutsche Post DHL that accompanied the disclosure of Q2/H1 21 numbers and hit…
Rolling Plates raises pre-seed funding from US investors
Rolling Plates raises pre-seed funding from US investors Ahmedabad-based startup operates cloud-kitchen brand for biryani Źródło 5 August 2021, 13:09
Adani gets three more months to take over Thiruvananthapuram, Jaipur, Guwahati airports
Adani gets three more months to take over Thiruvananthapuram, Jaipur, Guwahati airports Firm had sought six months period Źródło 5 August 2021, 13:09
CWC, 10 States sign $250-mn loan project with World Bank
CWC, 10 States sign $250-mn loan project with World Bank This will support schemes to improve safety and performance of existing dams across these States Źródło 5 August 2021, 13:05
Emami raises stake in Helios Lifestyle to 48.49%
Emami raises stake in Helios Lifestyle to 48.49% Buys 6,840 shares of the male grooming brand Źródło 5 August 2021, 13:05
SPACs Target Emerging Markets as U.S. Competition Mounts
SPACs Target Emerging Markets as U.S. Competition Mounts The number of blank-check companies focused on developing countries has almost tripled in 2021 as investors look for better value overseas. Źródło 5 August 2021, 13:03
ixigo acquires bus ticketing platform Abhibus
ixigo acquires bus ticketing platform Abhibus The size of the deal was not disclosed, and it involved part cash and part stock as consideration Źródło 5 August 2021, 13:01
Plus completes 20-mile driverless demo on public road in China
Plus completes 20-mile driverless demo on public road in China Driverless software developer Plus is still convinced it will take billions of safety driver-monitored autonomous driving before it can remove the driver from the equation. But, under the right circumstances,…
Beware ‘nasty side effects’ if government targets ocean carriers
Beware ‘nasty side effects’ if government targets ocean carriers As skyrocketing rates squeeze importers and exporters scramble for containers, the push for government intervention is accelerating. What if the U.S. government does move to rein in foreign carriers? What if…
Aptus Value Housing Fin fixes IPO price band at ₹346-353
Aptus Value Housing Fin fixes IPO price band at ₹346-353 Will use funds to augment tier 1 capital requirements Źródło 5 August 2021, 12:47
Adani Transmission posts Q1 standalone net loss of ₹19 crore
Adani Transmission posts Q1 standalone net loss of ₹19 crore Standalone total income increases to ₹206 crore for the quarter Źródło 5 August 2021, 12:44
Pegasus snooping case: Truth has to come out, says SC
Pegasus snooping case: Truth has to come out, says SC The case has been listen for August 10; SC wants government to be represented in court Źródło 5 August 2021, 12:40
Aurobindo pharma plans to commercialise Covid19 vaccine, ties up with US-based Vaxxinity
Aurobindo pharma plans to commercialise Covid19 vaccine, ties up with US-based Vaxxinity Vaxxinity has applied for phase 2/3 clinical trials in India Źródło 5 August 2021, 12:40
Moksh Agarbatti ropes in Madhuri Dixit Nene as brand ambassador
Moksh Agarbatti ropes in Madhuri Dixit Nene as brand ambassador She will endorse its wide range of prayer products, including agarbatti and dhoop. Źródło 5 August 2021, 12:38
Coal Is a Gold Mine for Producers After Blistering Rally
Coal Is a Gold Mine for Producers After Blistering Rally Glencore, one of the biggest miners of thermal coal, reported record first-half earnings and expects the fuel to be a big moneymaker for the rest of the year. Źródło 5…
Nintendo Needs More Than Flashy Buybacks
Nintendo Needs More Than Flashy Buybacks A big share buyback will help cushion the blow from disappointing results, but isn’t a strategy for the future. Źródło 5 August 2021, 12:29
Monetary transmission improves but credit growth remains muted
Monetary transmission improves but credit growth remains muted Gross bank credit growth declined to 5.8% in June against 6.2% in the same month last year Źródło 5 August 2021, 12:28
Airtel, Google, Cisco partner to accelerate digital transformation of small businesses
Airtel, Google, Cisco partner to accelerate digital transformation of small businesses Launch ‘Airtel Office Internet’, an enterprise grade solution Źródło 5 August 2021, 12:10
Roku Pays to Be a Player
Roku Pays to Be a Player The streaming star’s ad business delivers, but shortages remind why hardware still matters Źródło 5 August 2021, 12:00
Music streaming consumption declined significantly during Covid-19 in many countries: Study
Music streaming consumption declined significantly during Covid-19 in many countries: Study The reduction in the time workers took to commute correlated strongly with the decline in music Źródło 5 August 2021, 11:51
Aptus Value Housing Finance IPO to open on August 10
Aptus Value Housing Finance IPO to open on August 10 Looks to raise about ₹2,780 crore Źródło 5 August 2021, 11:51
Axis Bank crosses one million customers on WhatsApp banking
Axis Bank crosses one million customers on WhatsApp banking Launched banking services on WhatsApp in January 2021 Źródło 5 August 2021, 11:35
Usefulness of digital tools for buying and claiming insurance
Usefulness of digital tools for buying and claiming insurance Digital tools have made the process transparent, seamless, personalised, and less time consuming Źródło 5 August 2021, 11:33
Blackstone, Other Private-Equity Stocks Catch Fire
Blackstone, Other Private-Equity Stocks Catch Fire After years of lackluster performance, the shares of private-equity firms are benefiting from current market dynamics. Źródło 5 August 2021, 11:33
Swiggy inks pact with RBML to build EV ecosystem in India
Swiggy inks pact with RBML to build EV ecosystem in India EV deliveries is expected to lower running costs of vehicles by up to 40% Źródło 5 August 2021, 11:31
‘Disbursements set to grow, while NPAs will decline’
‘Disbursements set to grow, while NPAs will decline’ Mahindra Finance sees continued demand pick-up in July Źródło 5 August 2021, 11:30
New partnership optimises collaboration between warehouse workers and robots
New partnership optimises collaboration between warehouse workers and robots Lucas Systems has announced a partnership with Silicon Valley-based Fetch Robotics to enable what it suggests will be the next generation of smart warehouses. Through the partnership, Lucas and Fetch will…
Flipkart adds 4 supply chain facilities in Gujarat, helps create over 5,000 local job opportunities
Flipkart adds 4 supply chain facilities in Gujarat, helps create over 5,000 local job opportunities The new facilities are located in Ahmedabad and Surat, and spread across an area of nearly 5 lakh sq ft Źródło 5 August 2021, 11:29
Amazon Prime, Actor Suriya’s 2D Entertainment inks deal
Amazon Prime, Actor Suriya’s 2D Entertainment inks deal To release four Tamil films exclusively on Prime Video over the next four months Źródło 5 August 2021, 11:29
Against the odds: XPO & GXO Logistics – winning pinball with the sum of the parts
Against the odds: XPO & GXO Logistics – winning pinball with the sum of the parts Quite simply, the logic for spinning off one business from another is that the original combined entity be worth less than its separated parts…
Sensex up 211 points, Nifty above 16,300
Sensex up 211 points, Nifty above 16,300 Sell-off continues in the broader market Źródło 5 August 2021, 11:24