Page 5 - Video Gallery

Unlock BFSI 2.0: Banking — Capital is the key

In this special Business Standard webinar, where RBI Governor Shaktikanta Das delivers the keynote address, the biggest names in the banking industry discuss the importance of capital in these times >

Unlock BFSI 2.0: Insured and safe — Insurance in the time of pandemic

In this special Business Standard webinar, the biggest names in India's insurance industry discuss the way forward for general and life insurance segments, especially in the wake of a pandemic >

Unlock BFSI 2.0: Mutual funds — Is the market running ahead of economy?

In this special Business Standard webinar, the biggest names in India's mutual fund industry discuss if the market running ahead of the economy >

Unlock BFSI 2.0: Small Finance Banks — It's time to make it big

In this special Business Standard webinar, the biggest names in India's small finance bank space discuss if this is right time for the segment to make it big >

Unlock BFSI 2.0: Fintech — All roads lead to the digital world

In this special Business Standard webinar, India's biggest leaders in financial technology space discuss the importance of digital technology for the financial services sector

Unlock BFSI 2.0: Will Rural India be the new driver of growth?

In this special Business Standard webinar, India's biggest leaders in banking and financial services discuss whether and how rural India could prove to be the next growth driver >

Equity gauges in the green, metal and auto stocks gain

Mumbai, May 19 (ANI): Equity benchmark indices rebounded during early hours on Tuesday in line with global cues with metal and auto stocks gaining ground. At 10:15 am, the BSE S-P Sensex was up by 536 points or 1.78 per cent at 30,565 while the Nifty 50 edged higher by 159 points or 1.8 per cent at 8,982. Except for PSU bank, all sectoral indices at the National Stock Exchange were in positive zone with Nifty metal and auto up by 1.7 per cent each, private bank by 1.5 per cent and pharma by 0.7 per cent. Among stocks, telecom major Bharti Airtel gained by 7.9 per cent to Rs 580.90 per share despite reporting a net loss of Rs 5,237 crore in the January to March quarter.

Equity indices slip 2 pc on lockdown extension, Nifty bank down 4.5 pc

Mumbai, May 18 (ANI): Equity benchmark indices traded in the negative territory during early hours on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus pandemic. Besides, the government announced a final set of measures under its stimulus package to revive the economy and make India a self-reliant nation. At 10:15 am, the BSE S-P Sensex was down by 692 points or 2.22 per cent at 30,406 while the Nifty 50 edged lower by 205 points or 2.24 per cent at 8,932. All sectoral indices at the National Stock Exchange were in the red with Nifty private bank down by 5.1 per cent, PSU bank by 4.5 per cent and financial service by 4.3 per cent. Among stocks, IndusInd Bank was down by 6.5 per cent to Rs 391.40 per share while ICICI Bank slipped by 6.4 per cent, Axis Bank by 5.7 per cent and State Bank of India by 4.1 per cent. Auto majors Maruti Suzuki and Tata Motors skidded by 3.7 per cent and 3.6 per cent. However, those which gained with thin marg

Rs 10,000 crore scheme for formalisation of Micro Food Enterprises: FM Sitharaman

New Delhi, May 15 (ANI): Finance Minister Nirmala Sitharaman on May 15 announced Rs 10,000 crore scheme for the formalisation of Micro Food Enterprises (MFE). "The scheme promotes PM's vision of 'Vocal for Local with global outreach'," she further added. Finance Minister unveiled the third tranche of the Rs 20 lakh crore COVID-19 economic package announced by Prime Minister Narendra Modi on May12.

Essential Commodities Act will be amended to de-regulate agri products: FM Sitharaman

New Delhi, May 15 (ANI): Union Finance Minister Nirmala Sitharaman on May 15 announced that the central government will amend the Essential Commodities Act to enable better price realization for farmers. In a press conference, Sitharaman said, "Government to amend the Essential Commodities Act to enable better price realization for farmers; agriculture products including cereals, edible oils, oilseeds, pulses, onions and potatoes to be de-regulated."

Equity indices slip amid weak global cues, Tata Motors drops 4 pc

Mumbai, May 14 (ANI):Equity benchmark indices traded nearly 1.5 per cent lower during early hours on Thursday amid weak global cues after US Federal Reserve Chairman Jerome Powell warned of extended economic weakness due to the coronavirus pandemic. Besides, a top World Health Organisation official said the virus may never go away. A day earlier, Finance Minister Nirmala Sitharaman gave out break-up for a part of the Rs 20 lakh crore economic stimulus announced by Prime Minister Narendra Modi. But that did not seem to cheer investors. At 10:15 am, the BSE S and P Sensex was down by 497 points or 1.55 per cent at 31,512 while the Nifty 50 edged lower by 136 points or 1.45 per cent at 9,248. Except for Nifty FMCG and pharma, all sectoral indices at the National Stock Exchange were in the negative zone with Nifty IT down by 2.3 per cent, auto by 1.6 per cent and financial service by 1.4 per cent. Among stocks, Tata Motors lost by 4 per cent to Rs 83.70 per share and Mahindra and Mahindra

Equity indices gain after PM Modi announces Rs 20 lakh crore stimulus

Mumbai, May 13 (ANI): Equity benchmark indices traded higher during early hours on Wednesday, a day after Prime Minister Narendra Modi announced an economic stimulus package worth Rs 20 lakh crore amounting to 10 per cent of the GDP to alleviate the pain caused by COVID-19. In an evening address to the nation, the Prime Minister has also said that the countrywide lockdown will extend post-May 17 with new rules to allow more industrial and business activities. At 10:15 am, the BSE S and P Sensex was up by 697 points or 2.22 per cent at 32,068 while the Nifty 50 edged higher by 196 points or 2.13 per cent at 9,393. Except for Nifty pharma, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank up by 3.5 per cent, financial service by 3.1 per cent and auto by 2.8 per cent. Among stocks, private lenders gained the most with ICICI Bank advancing by 5.53 per cent to Rs 338.95 per share, HDFC Bank by 4.1 per cent and Axis Bank by 3.4 per cent. La

Stock indices in the green, Reliance jumps after Vista Equity Partners invests in Jio

Mumbai, May 08 (ANI): Equity benchmark indices traded higher during early hours on Friday in line with positive global cues and expectations of an economic stimulus to cushion the impact of COVID-19 pandemic. At 10:15 am, the BSE S and P Sensex was up by 396 points or 1.26 per cent at 31,839 while the Nifty 50 edged higher by 114 points or 1.24 per cent at 9,313. All sectoral indices at the National Stock Exchange were in the positive terrain Nifty private bank up by 1.8 per cent, financial service by 1.4 per cent and FMCG by 1.5 per cent. Shares of Reliance Industries climbed 2.4 per cent to Rs 1,543.55 per share after Vista Equity Partners announced an investment of Rs 11,367 crore in its Jio Platforms for a 2.32 per cent stake. This is Jio Platforms' third deal after Facebook and Silver Lake's share acquisition plans over the last two weeks. Dr Reddy's gained by 4.4 per cent, Hindustan Lever by 3.3 per cent and Hindalco by 2.5 per cent. Private sector lenders IndusInd Bank, ICICI Ba

Lockdown 3.0: Samsung resumes phone manufacturing in Noida

Noida (Uttar Pradesh), May 08 (ANI): Samsung has resumed its functioning amid lockdown 3.0 in Uttar Pradesh's Noida. Samsung plant has got permission from Noida administration. Around 3000 workers were brought to factory by buses. Samsung was issued fresh guidelines from Uttar Pradesh Government for its functioning. Certain relaxations have been announced in third phase of lockdown for economic activities. Lockdown was extended till May 17 in view of coronavirus situation.

Equity indices witness lacklustre trading, FMCG stocks tumble

New Delhi, May 7 (ANI): Equity benchmark indices traded lower during early hours on Thursday tracking weak global cues as investors globally pondered over the economic impact of coronavirus pandemic. At 10:15 am, the BSE S-P Sensex was down by 108 points or 0.34 per cent at 31,578 while the Nifty 50 edged lower by 39 points or 0.42 per cent at 9,232. Except for Nifty FMCG and financial services, all sectoral indices at the National Stock Exchange were in the positive terrain with thin margins. Hindustan Unilever slipped by 2.8 per cent after the company's 4.23 per cent equity changed hands in a block deal. Reports said Britain-based GlaxoSmithKline was to offload shares worth Rs 26,000 crore in the FMGC major. Britannia slipped by 2.7 per cent while Nestle India lost by 1.6 per cent. The other prominent losers were Bharat Petroleum Corporation, ONGC, Kotak Mahindra Bank, Bharti Airtel and Wipro. However, Adani Ports gained by 3.2 per cent to Rs 279 per share. Private lenders IndusInd B

Equity indices in green but oil marketing firms lose in opening bell

New Delhi, May 06 (ANI): Equity benchmark indices wobbled during early hours on May 06 amid mixed global cues but profit booking was seen in stocks of oil marketing and FMCG companies. At 10:45 am, the BSE S-P Sensex was up by 321 points or 1.02 per cent at 31,774 while the Nifty 50 edged higher by 81 points or 0.88 per cent at 9,287. Except for Nifty FMCG and PSU bank, all sectoral indices at the National Stock Exchange were in the positive terrain with Nifty financial service up by 2.4 per cent, private bank by 2.2 per cent and metal by 1.3 per cent. The shares of oil marketing companies declined after the Centre hiked excise duty on petrol and diesel and asked them to absorb the price hike.

Petrol, diesel prices hiked in Delhi as govt raises VAT

New Delhi, May 05 (ANI): The Delhi government has increased the Value Added Tax on petrol and diesel to 30% each leading to an increase in the price of Rs 1.67, and Rs 7.10 in both the commodities, respectively. According to a notification issued by the Deputy Secretary VI, Finance, on Monday, the VAT on petrol has been increased from 27% to 30%, and that on diesel from 16.75 to 30%, by the order of the Lt Governor of Delhi. Earlier last month, the Assam government had also increased the VAT on diesel, petrol and other motor spirits.

Equities under bear grip, Tata Motors top loser

Mumbai, Apr 04 (ANI): Equity benchmark indices were down by over 5 per cent during early hours on April 04 tracking weak global cues after the latest flare-up in US-China tensions. Besides, rising coronavirus cases in the country and the extension of nationwide lockdown for two more weeks also weighed on the sentiment. At 10:15 am, the BSE S and P Sensex was down by 1,698 points or 5.04 per cent at 32,019 while the Nifty 50 edged lower by 494 points or 5.01 per cent at 9,366. Except for Nifty pharma, all sectoral indices at the National Stock Exchange were in the red with Nifty metal down by 7.5 per cent, private bank by 6.9 per cent and auto by 6.1 per cent. Among stocks, Tata Motors was the top loser after skidding by 12.33 per cent to Rs 81.75 per share. Hindalco saw a dip of 10.6 per cent to Rs 116.35 per share. Vedanta lost by 10 per cent, JSW Steel by 8.5 per cent and Tata Steel by 8.2 per cent.

Equity indices flat on global cues, Reliance gains 5.6% as Facebook picks stake in Jio

Mumbai, Apr 22 (ANI): Equity benchmark indices were flat during early hours on Wednesday as Asian shares slipped and Brent oil futures plunged to a two-decade low amid damage done by the coronavirus pandemic. At 10:15 am, the BSE S and P Sensex was up by 60 points or 0.19% at 30,696 while the Nifty 50 edged lower by 7 points or 0.07% at 8,975. Except for Nifty pharma and media, all sectoral indices at the National Stock Exchange were in the red with Nifty metal down by 2.4%, PSU bank by 1.9% and financial service by 1.26%. Among stocks, index heavyweight Reliance Industries jumped by 5.65% to Rs 1,307.20 per share after Facebook bought stake in the company's digital business for 5.7 billion dollars (about Rs 43,574 crore) to expand its presence in India.

Facebook to invest Rs 43,574 crore in Reliance Jio, largest FDI in India's tech sector

New Delhi, Apr 22(ANI): Reliance Industries, Jio Platforms and Facebook, on April 21 announced the signing of binding agreements for an investment of Rs 43,574 crore by Facebook into Jio Platforms. The investment by Facebook values Jio Platforms at Rs 4.62 lakh crore pre-money enterprise values ($65.95 billion, assuming a conversion rate of 70 to a US Dollar). Facebook's investment will translate into a 9.99% equity stake in Jio Platforms on a fully diluted basis. The announcement was made after market hours on April 21. The partnership between Facebook and Jio is unprecedented in many ways. This is the largest investment for a minority stake by a technology company anywhere in the world and the largest FDI in the technology sector in India.