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SC bars NCLT from finalising orders allowing $3.4 bn Future-Reliance deal

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Daily Newsletter 23 February 2021 | | | | | | LIVE MARKETS 49744.32 14675.70 GOLD 46875.00 SILVER 70

[Business-Standard]( Daily Newsletter 23 February 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 49744.32 (-1145.44) [NIFTY]( 14675.70 (-306.05) GOLD (MCX 10 GM) 46875.00 (678.00) SILVER (MCX 1 KG) 70450.00 (1438.00) USD ($) / INR(Rs) 72.60 (-0.16) Front Page [SC bars NCLT from finalising orders allowing $3.4 bn Future-Reliance deal]( A bench headed by Justice Rohinton Nariman also ordered that while the proceedings before NCLT can go on, they should not culminate in any final ... [Premium Content][India Inc figures out new salary structures to meet labour codes]( The new definition under the Code of Wages, 2019, includes three components: Basic pay, dearness allowance and retention payment. [Premium Content][Covid-19 vaccination: With 15% doses wasted, states up their game]( Some want an earlier roll-out for those over 50; others say CoWIN needs to shape up [Bears take control: Sensex slips below 50,000, investors lose Rs 3.7 trn]( Tumbles 2.3% in fifth straight day of loss amid rise in bond yields, Covid cases [Triggering alarm: Reserve Bank of India's lack of support pushes up yields]( The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent [HSBC to announce exit from US retail banking, reshuffles top jobs]( HSBC on Tuesday is set to report an expected plunge in annual profits reflecting the impact of the Covid-19 pandemic [MPC minutes: Unwinding high indirect taxes on fuel critical, says Das]( Fall in inflation gives MPC room to continue to support growth in economy [Premium Content][Centre likely to go Canada way to set up SPV for land monetisation]( Over the years, PSUs have been unsuccessful in selling their land assets due to pending litigation and lease terms [Fuel price hike could see 50,000 small truckers going out of business]( Industry players say vehicle supply is already higher than needed, so when fleet owners prune sizes, single-owners who supply them their trucks ... [DHFL auditor unearths another fraudulent transaction worth Rs 6,182 cr]( According to findings of Grant Thornton (GT), these transactions happened over a period of time Companies [Premium Content][Sachin Tendulkar takes guard for new innings at edtech firm Unacademy]( The investment will pave the way for Tendulkar to become a brand ambassador of Unacademy [Premium Content][Why deregulation of map-making is a big deal for the corporate sector]( Indian satellites have been sending in useful coordinates for the map makers to use but the restrictions on ground have made the data mostly ... [Shocked at Patanjali's 'blatant lie of WHO certification', says IMA]( The launch was attended by Union Health Minister Harsh Vardhan and Transport Minister Nitin Gadkari. [Tata Motors to ride SUV mkt with slew of offerings after new Safari launch]( Tata Firm says its SUV sales advanced 20% YTD over the past year, new addition will speed up growth; Next on the road is Hornbill, a micro SUV ... [» Read More Stories in Companies]( Economy & Policy [India's inflation target band needs adjustment, says CEA Subramanian]( India's retail inflation, which had touched double-digits during the previous Congress party-led government, has gradually fallen, helping Modi ... [Premium Content][59% respondents cutting spends to cope with rising fuel prices: survey]( Most want centre to reverse Covid excise duty, states to prune VAT rate or replace ad valorem rate with flat tax structure [MPC minutes: Growth momentum needs to strengthen further, says RBI Guv]( The Reserve Bank remains committed to ensure the availability of ample liquidity in the system to foster congenial financial conditions, says ... [5 labour surveys including on migrants, domestic workers to begin by Apr 1]( The Labour Bureau is all set to launch its five major surveys, including on migrant and domestic workers, across the country by April 1 as two ... [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [Adani Ports]( 673.55 3.23 [Aditya Birla Cap]( 106.30 8.69 BSE TOP GAINERS Company Price (Rs) Change (%) [Sonata Software]( 467.25 17.06 [Hindustan Copper]( 98.35 14.49 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [New India Assura]( 151.85 -18.99 [Central Bank]( 19.48 -9.98 [Premium Content][Investor charter may not have a monetary compensation mechanism]( The first draft is expected to be submitted to the finance ministry by March 15 [Global indices rejig likely to push flows into domestic stock markets]( The FTSE Global Equity Index Series introduced changes to its indices last week, which will become effective March 19 [Premium Content][F&O volumes likely to decline 30% on tighter peak margin regulation]( Retail participation in the F&O segment - especially that for options writers on expiry days - has already been impacted owing to these norms, ... [Short selling by market players led to rise in bond yields: SBI report]( An SBI Ecowrap report noted that while going short or long are typical market activities that aid in price discovery, at times, they can also ... [» Read More Stories in Markets]( Opinion [Premium Content][Time to move on]( Govt should end its retrospective tax disputes [Premium Content][Back to the future]( Mixed outlook for India as US returns to multilateralism [Premium Content][Adapting to a warming world]( Climate change requires agility in the institutions and policies that shape ecosystem use [Premium Content][Rumblings and grumblings in the sky]( International traffic is showing no sign of picking up and for Indian carriers, West Asia - a lucrative market - is still out of bounds [Premium Content][Consumer sentiment in India's recovery]( Growth that bounced back from -23.9 per cent in the first quarter to -7.5 per cent now seems poised to return to the positive zone in the third ... [» Read More Stories in Opinion]( Finance [Monthly collections in retail pools of NBFCs at pre-moratorium level: Icra]( Icra said the monthly collections, including overdues in its rated retail loan pools originated largely by NBFCs and HFCs, have reached ... [Relief for HDFC Bank as SAT stays Sebi directive on Rs 160 cr transfer]( Matter pertains to BRH Wealth Kreators share-pledge fiasco; SAT cites lender's financial strength while asserting it won't run away or become ... [Exim Bank extends line of credit worth $50 million to the Maldives]( The credit line is for financing of defence projects in the country [Premium Content][Unsecured loans come back to haunt private banks after 13-year gap]( ICICI Bank, Axis, among others see rise 'proforma' slippages in Q3 [» Read More Stories in Finance]( Technology [LG launches 'W41' series smartphones with 48MP camera, 5000mAh battery]( LG on Monday unveiled its latest W41-series smartphones -- the W41, W41+ and W41 Pro at a starting price of Rs 13,490 in India. [Mi launches portable Bluetooth speaker, neckband earphones in India]( Mi on Monday launched its latest line-up of audio products 'Mi Portable Bluetooth Speaker' (16W) and 'Mi Neckband Bluetooth Earphones Pro' in ... [Microsoft launches 'Surface Pro 7+' in India starting at Rs 83,999]( Microsoft on Monday launched the Surface Pro 7+ detachable tablet computer in the Indian market at a starting at Rs 83,999. [Sony launches new wireless speaker 360-degree Reality Audio for Rs 19,990]( Sony on Monday launched its latest premium wireless speaker 'SRS-RA3000' at Rs 19,990 in the Indian market. [» Read More Stories in Technology]( PF [Premium Content][Investors should use correction to build allocation to gold: Experts]( 12-15% allocation is a must to counter volatility in equities [» Read More Stories in PF]( Beyond Business [Premium Content][Freedom's struggle]( Book review of Our Freedoms: Essays and Stories from India's Best Writers [» Read More Stories in Beyond Business]( [About us]( | [Partner With Us]( | [Job@BS]( | [Advertise with us]( | [Connect BS]( | [Refer a friend]( Ensure that you always receive messages from business-standard.com Add bsemailservices@business-standard.net.in to your Address Book or Safe List. 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