Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare


At 08:49 am, Nifty futures on the Singapore Exchange (SGX) were trading 25 points or 0.27 per cent higher at 9,401, indicating a muted start for the domestic market on Friday.


Here’s a look at the top stocks that may remain in focus today



Reliance Industries (RIL): RIL’s rights entitlement (RIL RE) surged 14 per cent on Thursday to end at Rs 230 on the National Stock Exchange (NSE). The RIL RE trading window closes on Friday — three working days before the close of the company’s mega rights issue.


Vodafone Idea: Global technology giant Google is in talks to buy a 5 per cent stake in Vodafone Idea, owned by Vodafone Plc of the UK and Aditya Birla Group. The move comes about a month after Google’s biggest rival, Facebook, picked up a 9.99 per cent

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India’s economy may have grown at slowest in 2 years during March quarter

India’s economy may have grown at slowest in 2 years during March quarter


Gross domestic product data out later on Friday is expected to show the country’s economy grew at its slowest pace in at least two years in the March quarter as the pandemic weakened already declining consumer demand and private investment.


The median forecast from a Reuters poll of economists put annual at 2.1% in the March quarter, lower than 4.7% in the December quarter. Forecasts ranged between +4.5% and -1.5%.


Prime Minister has maintained the lockdown ordered on March 25 to curb the spread of Covid-19 in the world’s second most populous country, though many restrictions were eased for manufacturing, transport and other services from May 18.


The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago.

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10 Reasons to Give Employees a Raise %%sep%% %%sitename%%

10 Reasons to Give Employees a Raise %%sep%% %%sitename%%

It takes a lot of self-confidence for an employee to approach their employer for a raise — and a lot of decision-making confidence as an employer to decide which reasons to to give and employee a raise or not.

There’s no playbook for managers and business owners to know how to gauge whether an employee deserves a raise or not. Deciding whether an employee deserves to earn more can be approached in several different ways. From the addition of value to the team support they provide, each plays an integral part in determining whether a raise is warranted — but there are other factors to consider as well. That’s why we asked 10 entrepreneurs from Young Entrepreneur Council (YEC) the following:

“An employee has recently talked with you about getting a raise. What is an important factor to consider before deciding whether or not to give them one? Why

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Google Pay expands ‘Nearby Stores’ feature to 35 cities in India: Know more

Google Pay expands ‘Nearby Stores’ feature to 35 cities in India: Know more


Pay on Wednesday announced that it’s ‘Nearby Stores’ spot, which provides information such as business hours, essential items stock, social distancing information, is now available in 35 cities across the country.


“Originally rolled in a few cities across India, this Spot is now available in 35 cities across the country. Additionally, merchant establishments can now indicate their business hours, whether social distancing measures are in place at the store and the essential goods presently in stock. Additionally, users in Mumbai can also see if the store is present in a containment zone,” said in a statement.



Here is a list of cities that get Pay’s Nearby Stores spot:


  • Telangana: Hyderabad, Ranga Reddy, Secunderabad

  • Karnataka: Bengaluru, Mysuru

  • Maharashtra: Mumbai, Nagpur, Navi Mumbai, Pimpri-Chinchwad

  • Delhi NCR: New Delhi

  • Haryana: Gurugram,
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Top 10 biz headlines: Boeing cuts 12,000 jobs, SBI slashes FD rate and more

Top 10 biz headlines: Boeing cuts 12,000 jobs, SBI slashes FD rate and more


is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming. The may shrink five per cent in the current fiscal, and may barely recover the loss next year by growing five per cent, say experts. Here are the top ten business headlines on Thursday


slashes 12,000 jobs as coronavirus impacts travel industry



will lay off 6,770 US employees this week, and another 5,520 workers are taking buyout offers to leave voluntarily as the coronavirus pandemic seizes the travel industry. Read more here


Amrapali case: ED attaches India accounts worth Rs 187 crore


The Enforcement Directorate (ED) has attached India’s accounts to recover the amount identified as the proceeds of crime under the Prevention of

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Shopify Balance Launched for Small Business Money Management

Shopify Balance Launched for Small Business Money Management

Shopify (NYSE: SHOP) has launched a new money management solution with a deliberate seller-centric approach. Known as Balance, the money management solution includes a raft to tools to help merchants run their business more effectively. The tools include a business account, business card, rewards, and no monthly fees.



Shopify Balance Money Management System

Shopify’s new money management solution is designed to help small businesses manage their business finance and cash flow in one convenient place.

The current climate of consumer uncertainty places great challenges on merchants and small businesses. Balance maintains Shopify’s aim to help solve the biggest problems entrepreneurs face. With tools to help merchants grow and manage finances more efficiently, Balance aims to nurture entrepreneurial growth during these challenging times.

A One-Stop-Shop for Banking

In a press statement, Shopify points to how many small businesses use personal bank accounts for business purposes. Such practices are

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