UK reimposes national lockdown as COVID count crosses 1M

SEBI extends settlement scheme for illiquid stock option cases till December 31

In view of the large-scale disruption caused by the COVID-19 pandemic, markets regulator SEBI has extended till December 31 the one-time settlement scheme for entities that executed reversal of trades in stock options segment of the BSE during 2014 and 2015. The settlement scheme, introduced by the regulator in July, commenced on August 1, 2020 and was supposed to end on October 31, 2020.

Won't shy away from rate hike, may be first to increase prices: Vodafone Idea CEO Ravinder Takkar

Vodafone Idea's CEO Ravinder Takkar said that the telco will not shy away from raising prices and could be the first among the country's three of the largest private telecom players to hike prices of voice and data services. Takkar added that the telecom major will not shy away from setting a precedent for the industry.

UK reimposes national lockdown as coronavirus count crosses 1 million

British Prime Minister Boris Johnson on Saturday announced that the UK government will be reimposing a national lockdown in England for one month after the country crossed the 1 million COVID-19 cases-mark and a second wave of coronavirus infections seemed highly likely. The United Kingdom, which has the biggest official death toll in Europe from COVID-19, is grappling with more than 20,000 new coronavirus cases a day and scientists have warned the "worst case" scenario of 80,000 dead could be exceeded.

Rs 1.05 lakh crore GST revenue collected in October; 10% higher than previous yearThe Ministry of Finance said on Sunday that the gross GST revenue collected in the month of October amounted to Rs 1,05,155 crore, 10 per cent higher than the GST revenue in the same month last year. The government said that the October collection was better than the preceding months of July, August and September and hence shows a recovery of the economy.

Maruti reports 17.9% growth in October; hopes of bumper sales on Diwali

India's largest carmaker Maruti Suzuki India Ltd dispatched a record 166,825 units to its dealerships in the month of October, 17.9 per cent more than in the same month last year and the highest ever in a month this year, driven by hopes of good sales during Diwali later this month. The company posted total sales of 182,448 units which included 6,037 units of the Baleno and Brezza models.

As AQI dips across India, air purifier sales soar over 50%

With the overall air quality in various parts, particularly Delhi NCR, in the country fluctuating between 'very poor' and 'severe' categories, air purifier makers are logging as much as 50 per cent rise in sale numbers and expecting the momentum to gain more traction during winters. The air purifier segment, which was earlier limited to select pockets of top metro cities, is firming its foothold in smaller cities, and online channels are emerging as a key facilitator to meet the consumer demand in such places.

DLF aims Rs 2,500-crore sales booking in FY21 despite COVID-19

Realty major DLF Ltd is targeting to achieve sales bookings of Rs 2,500 crore in the ongoing fiscal, marginally better than previous year, despite the COVID-19 pandemic with housing demand picking up since June onwards, a senior company official has said. During the 2019-20 financial year, DLF's sales booking stood at Rs 2,485 crore. In an interview with DLF's whole time director Ashok Tyagi said: "Demand is coming back in the housing market. Enquiries from prospective home buyers are rising."