Private sector non-life insurer ICICI Lombard on Saturday permits upto 2 months' gross salary in advance to all its COVID positive employees. Its a relief measure to help its employees in the wake of the excessive spread of the coronavirus, ICICI Lombard said in a statement. Not only this, the individual can opt to pay back the advance in 6 or 12 monthly instalments at a later date.

D-Mart retail chain parent company Avenue Supermarts on May 8 posted a 52.6% YoY growth in consolidated profit at Rs 413.88 Cr for Q4 March 2021, in comparison with last when COVID lockdown led the market shut. Profit after tax (PAT) margin at 5.5 % in Q4FY21 has raised from 4.3% in Q4FY20, said the company in its BSE filing.

[1] BE - Intraday isn't allowed for stocks in this Trade-to-Trade or T-segment series. [2] BL - This series allows block deals or investment of 5 lakh shares or a minimum value of Rs. 5cr. [3] BZ - These stocks are blacklisted for violation of exchange rules. [4] EQ- In this series intraday trading is possible in addition to delivery. [5] IL- This series allows only FIIs to trade among themselves.

Natural gas prices fell to 0.32% this week and settle at Rs 217.30/mmBtu on the MCX. The energy price rose only three our five trading sessions on the domestic bourse. The commodity couldn't beak out after a least expected build in US gas stockpiles, as reported by Energy Information Administration (EIA).

In FAQ page of WhatsApp, updated on Friday, WhatsApp reiterates that it won't delete your account if you don't accept its new privacy policy update by May 15. Users can continue to use all its features including text and video calling like before. It was indeed a major concern among all those users who have not accepted the polices yet whereas, WhatsApp claims that majority has already accepted it

With India agonized by the outbreak of COVID-19 second wave, port-to-energy ally Adani Group has deployed all resources; staff and logistics to ports and airports at its command to obtain medical oxygen and transportable cryogenic containers to expand health infrastructure. The Adani Group has already got hold of 48 cryogenic tanks capable of carrying 780 tonnes of liquid oxygen across the nation.

India was the top country from where vehicles were imported into South Africa despite the curbs of COVID-19 lockdowns and overall declines in vehicle sales in 2020. As per the Automotive Export Manual report released on Friday by the Automotive Industry Export Council mentioned that India has been accepted by various global brands as a production hub for entry levels and small vehicles.

Bengaluru-based investment tech platform Groww reported revenue of INR 76.16 lakh in the FY20, an 823% YoY growth as compared to mere INR 8.25 lakh profit in FY19. Data is reported according to the company’s filing with the Ministry of Corporate Affairs. Last month, Groww stepped into unicorn club after raising $83 Mn in its Series D funding led by Tiger Global at a $1 Bn valuation.

Check out the top 5 agricultural stocks (according to their market capitalisation, as of May 07, 2021) : [1] Bombay Burmah Trading Corporation (Rs 7,999.70 cr), [2] Kaveri Seed Company (Rs 3,858.05 cr), [3] Nath Bio-Genes India (Rs 664.57 cr), [4] Goodricke Group (Rs 527.80 cr), and [5] Harrisons Malayalam (Rs 321.03 cr). Do you invest in agricultural stocks? Let us know in the comments.

State-run hydropower giant NHPC has set up a large-scale vaccination drive in New Delhi in association with Apollo Hospital, on Friday. 117 employees between the age of 18 and 44 years from MOP (ministry of power), NHPC, IREDA, PFC, NSPCL, NTPC, MNRE (ministry of new and renewable energy), NEEPCO and CEA (central electricity authority) were the ones to receive their first dosage of Covishield.

Indian oil minister Dharmendra Pradhan on Friday praised Saudi Arabia and other Middle Eastern oil producers for supplying liquid medical oxygen (LMO), to help India in its fight with the COVID-19 crisis. Through a series of tweets, Pradhan also welcomed offers by Saudi Arabia, UAE and Qatar for supplying oil barrels for the next six months and promised a steady commercial supply of LMO.

HDFC Securities has decided on 12 largecap stocks that investors can put their money routine wise to cover the next few years, namely, Reliance Industries, Infosys, HUL, ITC, ICICI Bank, SBI, L&T Services, Sun Pharmaceuticals, HDFC life, Bajaj Auto, Dabur India and Tata Motors. Staggered buying is advised to benefit from any future falls and better margin of safety, said HDFC Securities.

Amazon has postponed its annual Prime Day event in India and Canada because of strong wave of COVID-19 in both countries. Amazon has not announced rescheduled date of Prime Day Sale in India whereas other countries may enjoy this Sale in June such as USA, UK, Germany, France and China. The objective of this event is securing new Prime members and providing a sales boost in the middle of the year.

The Webinar will revolve around the territory of Positional option selling. Enlightenment will be done from option Greeks, its relation to price movement till Positional options adjustment. Developing an intrinsic understanding to increase profit probability. Some of the basic option selling strategies will be discussed but the way of analyzing things will be different.

An aircraft with oxygen concentrators is on the way to India, said Marc Benioff, founder of Cloud software giant Salesforce on May 8. He wished for all Indians to be “protected, healed and blessed”. “Our aircraft is in the air!, said via a tweet. Salesforce allied with HSBC to deliver dire needed oxygen concentrators. "The airborne will land it in India tomorrow for Red Cross” he had said.