SEBI chairman Ajay Tyagi gets six-month extension, say sources
Posted on Friday February 28, 2020
The government has decided to give a six-month extension to Tyagi as Sebi Chairman, a post for which the top applicants include Economic Affairs Secretary Atanu Chakraborty, Corporate Affairs Secretary Injeti Srinivas, Additional Secretary in the Finance Ministry Pravin Garg and Sebi Whole Time Member Madhabi Puri Buch.
Affle acquires Spain's Mediasmart for 5.1 million euros
Posted on Friday February 28, 2020
Mediasmart provides a self-serve mobile programmatic platform with unique incremental impact measurability for proximity and app marketing campaigns.
Fed’s James Bullard says rate cut possible if virus becomes pandemic
Posted on Friday February 28, 2020
Traders in money markets are starting to bet the Federal Reserve may be forced into an emergency interest-rate cut if the coronavirus gets much worse
Coronavirus crash wipes $5 trillion off world stocks
Posted on Friday February 28, 2020
The rout showed no signs of slowing as Europe's main markets slumped 3-5% and the ongoing dive for safety sent yields on U.S. government bonds.
Pidilite acquires majority stake in Tenax India Stone Products
Posted on Friday February 28, 2020
Tenax India will be positioned as a subsidiary of Pidilite Industries post the acquisition.
Sebi asks investment advisers operating in IFSC to have $700,000 net worth
Posted on Friday February 28, 2020
Earlier, the net worth requirement for investment adviser (IA) in IFSC was USD 1.5 million.
SBI Card IPO to open for subscription on March 2
Posted on Friday February 28, 2020
SBI Cards has set the price band at Rs 750-755 for the share sale.
Sebi slaps Rs 17 lakh fine on Motilal Oswal for misuse of clients' funds
Posted on Friday February 28, 2020
The broker utilised the credit balance lying in the clients' bank account towards meeting its own or other clients' obligations.
Dow tanks 1,000 points as pandemic fears heighten
Posted on Friday February 28, 2020
The benchmark S&P 500 fell about 12% from its record closing high hit last week, confirming its fastest correction in history on Thursday.
Suzlon lenders finalise restructuring plan, ask promoters to infuse equity
Posted on Friday February 28, 2020
Firm allowed to convert Rs 8,200-cr loans to long-term optionally converted debentures, preference shares.
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Walmart names Sam's Club exec Jamie Iannone to key leadership role in US e-commerce
Posted on Saturday February 29, 2020
Jamie Iannone is switching roles as Walmart looks to grow its acquired and incubated digital brands and turn e-commerce into a profitable business.
Coronavirus live updates: Dow caps worst week since financial crisis, Trump calls outbreak a Democratic 'hoax'
Posted on Saturday February 29, 2020
U.S. stocks capped their worst week since the financial crisis as coronavirus cases climbed to 83,800 and deaths topped 2,864.
Rolls Royce's China sales fall 'close to zero' due to coronavirus
Posted on Friday February 28, 2020
Sales of Rolls-Royces have fallen "pretty close to zero" in China due to the spread of coronavirus, but the company sees early signs of possible recovery, the company's CEO told CNBC.
Bill Gates: Coronavirus may be 'once-in-a-century pathogen we've been worried about'
Posted on Friday February 28, 2020
"I hope it's not that bad, but we should assume it will be until we know otherwise," Gates wrote in an article published Friday in The New England Journal of Medicine.
BMW, Porsche to debut new cars online after coronavirus outbreak cancels Geneva auto show
Posted on Friday February 28, 2020
The Geneva auto show was canceled after Switzerland announced Friday that it was banning events expected to draw more than 1,000 people.
3M ramps up N95 respirator production as demand surges from global coronavirus outbreak
Posted on Saturday February 29, 2020
From the streets of Beijing to Milan Fashion Week, people around the world are turning to protective masks and respirators to try and reduce the risk of infection amid the global outbreak of coronavirus.
Everything Jim Cramer said about the stock market on 'Mad Money,' including market calendar, close to bottom, green investing
Posted on Saturday February 29, 2020
CNBC's Jim Cramer gave a preview of what's on his earnings calendar next week and offered more stock picks for this volatile environment.
Tony Romo reaches historic, long-term deal with CBS Sports, source says
Posted on Saturday February 29, 2020
Former Dallas Cowboys quarterback Tony Romo agreed to a long-term deal with CBS Sports, a source confirmed to CNBC.
New coronavirus case in California is 'evidence of community transmission,' county health officials say
Posted on Saturday February 29, 2020
The Santa Clara Public Health Department announced a third case of coronavirus in the county possibly transmitted through community spread, which brings the total number of coronavirus cases in California to 10 and the total number of cases in the U.S. to 63.
'Fear versus dreams': Coronavirus spread sparks fears for American travelers
Posted on Friday February 28, 2020
With spring and summer coming, some Americans are concerned about or reconsidering their travel plans as the novel coronavirus continues to spread.
