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Trident Ltd granted patent by Patent Office India

Trident Limited has been granted patent for Fabric and Method of Manufacturing Fabric by Patent Office India. ....

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Sensex tanks 549 pts, Nifty closes below 14,450 mark; IT shares drag

Read more about Sensex tanks 549 pts, Nifty closes below 14,450 mark; IT shares drag on Business Standard. Domestic equity benchmarks declined sharply on Friday, led by broader selling pressure. IT, pharma and PSU banks declined sharply. Rising coronavirus cases across US, Europe and China weighed on investors sentiment. Global cues were negative as ....

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Believe in Tesla? Then why aren't GM, Ford and Toyota crashing?


Believe in Tesla? Then why aren’t GM, Ford and Toyota crashing?
Photo ReutersPremium
James Mackintosh
, The Wall Street Journal
To justify Tesla’s valuation, the share prices of other car companies should be falling at the same time, but they aren’t
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It is just about possible to make sense of Tesla’s extraordinary valuation.
Ignore Elon Musk’s fanboys, who cheer on the electric-car company at any price. Make some rosy assumptions about Tesla Inc. capturing a large part of the world’s vehicle sales, making more profit from each sale than existing car makers and adding in a nice business supplying battery-backed solar installations. Dismiss all the challenges, and a share price of 211 times the paltry estimates for this year’s earnings could be justified, at a pinch. ....

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Nifty ends below 14,450 mark; IT shares tumble


The domestic equity market corrected sharply on Friday, led by broader selling pressure. IT, pharma and PSU banks declined sharply. Rising coronavirus cases across US, Europe and China weighed on investors sentiment.
As per provisional closing data, the barometer index, the S&P BSE Sensex, dropped 549.49 points or 1.11% to 49,034.67. The Nifty 50 index lost 161.90 points or 1.11% at 14,433.70.
In the broader market, the S&P BSE Mid-Cap index fell 1.18%. The S&P BSE Small-Cap index skid 0.97%.
Sellers outpaced buyers. On the BSE, 1088 shares rose and 1936 shares fell. A total of 139 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 9,31,05,607 with 19,94,440 deaths. India reported 2,13,027 active cases of COVID-19 infection and 1,51,918 deaths while 1,01,62,738 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India. ....

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