As markets take Covid-19 hit, is it time to invest?

The fear of Covid-19, more commonly referred to as novel coronavirus, spreading outside China at an alarming pace has spooked global equity markets, including the Indian equity market. The benchmark S&P 500 index which measures the stock performance of the top 500 US companies, corrected around 13% between 19 and 28 February. Taking cues from global peers, S&P BSE Sensex lost 1,448 points on 28 February alone, wiping out close to ₹5.5 trillion of investors’ wealth. Till 28 February, it had corrected 9% from its peak on 14 January 2020. On…

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Altria stock craters after $4.1 billion hit from Juul investment, blames growing legal risk

Altria stock cratered as much as 7% Thursday after the tobacco company posted a fourth-quarter loss and took a $4.1 billion hit on its investment in e-cigarette company Juul, which faces mounting litigation and scrutiny over a surge in teen vaping. The Richmond, Virginia-based Marlboro maker said the impairment charge was due to the increased number of legal cases against Juul and the expectation that litigation will grow. Since the end of October, there has been an 80% increase in the number of legal cases pending against Juul, Altria said. Its…

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Pawan Hans’ regional chopper services plan hit by divestment process

State-run Pawan Hans’ plan to launch helicopters under the regional connectivity scheme Udan have run into rough weather amid the ongoing disinvestment process and non-availability of choppers, the company’s union has alleged. Pawan Hans, in which the government has proposed to sell its entire 51 per cent stake to private players, has the mandate to fly on 11 routes across Assam, Himachal Pradesh, Manipur and Uttarakhand under phase two of Udan scheme. Oil sector behemoth ONGC holds the remaining 49 per cent in the mini-ratna PSU. It has a fleet…

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Anil Ambani’s Reliance Communications Hit By Debt, Competition

Brutal competition and 457 billion rupees ($7 billion) of borrowings have finally caught up with billionaire Anil Ambani’s Reliance Communications Ltd. The Indian wireless operator rattled investors with its first full-year net loss amid signs it’s struggling to repay debt. Its $300 million junk-rated note due in 2020 declined as much as 13.9 cents on the dollar to 70.1 cents on Monday and the stock sank to a record low. Fitch Ratings and Lucror Analytics highlighted a potential liquidity crunch and people familiar with the matter said the company sought…

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HIIT Is A Hit With Athletes

The workout du jour is high-intensity interval training, and this is one format that might be here to stay. It requires only a few minutes of (really) hard work to cover all the major muscle groups. HIIT, as it’s called, alternates short periods of all-out activity with even briefer breaks. Just how short is short? Typically 20 to 30 seconds of work followed by 10 seconds of recovery – spiking metabolism and tricking your body into thinking it rested. Although a four-minute workout is better than a no-minute workout, there’s…

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forest Bathing is the latest fitness fashion to Hit U.S.

Over hundreds of years of human history, we have successfully turn out to be an indoor species. specially for the ones of us trapped in the cubicle life, frequently the most effective times we often step foot outdoor is for our daily paintings trip or to run errands. In 2001, a survey sponsored by way of the U.S. Environmental protection corporation discovered that, on common, individuals spend 87 percentage of their time indoors and 6 percentage in an enclosed car.but, a number of scientific research emphasize that reveling within the…

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