BUSINESS

The facility is situated across an area of nearly 50,000 square feet and it will support Flipkart's ability to deliver a wide selection of grocery products to consumers in the cities of Lucknow, Kanpur and Allahabad. This is the e-commerce major's first grocery centre in Uttar Pradesh.

Calender year 2020 has been a year of change of trends in many ways, as compared to a narrow market movement of CY2018 & CY2019, the market rally is much more broad-based in CY2020, the BSE Small-Cap index has gained more than 12 per cent v/s the large-cap indices (Sensex & Nifty) flat for last eleven months.

The brand signings declined by 19 per cent in Q3 2020 over Q3 2019 in inventory volume. However the industry got greater number of keys signed by international operators than domestic ones, states JLL's Hotel Momentum India (HMI) Q3 2020.

Apart from that, quarterly results that are better-than-expected, faster economic recovery as per high-frequency data, and development of a Covid-19 prevention vaccine that has reached an advanced stage which helped in boosting buyers' sentiments.

The Sensex was trading at 41,594.21, higher by 254.05 points or 0.61 per cent from the previous close of 41,340.16 at around 10.40 a.m. It opened at 41,438.76 and has so far touched an intra-day high of 41,666.92 and a low of 41,383.29 points.

Investors took note of the improving macro scenario in the country. Activity in India’s dominant services industry expanded for the first time in eight months in October as demand surged. The Nikkei/IHS Markit Services Purchasing Managers’ Index climbed to 54.1 in October from September’s 49.8. It was the highest reading since February and comfortably above the 50-mark separating growth from contraction.

The Hyundai i20 is available in 4 variants – Magna, Sportz, Asta and Asta (O). A lot has changed with the new generation of the car and so we take you through every aspect. Do note the prices are introductory and will be valid till December 31, 2020.

This marks a significant jump from last year when Bezos sold $2.8 billion worth of shares, CNBC reported on Wednesday.

The sale proceeds will be accretive to the regulatory net worth and the CRAR of the company, Indiabulls Housing said in a regulatory filing.

The court said the company had breached the Australian Consumer Law by making misleading representations about hotel room rates on its website and television advertising.