Last Updated : March 11, 2021 / 07:22 AM IST
Moneycontrol Daily: Your Essential 7
A daily round up of the most interesting articles to help jump start the day.
Market Buzz
What's happening with global markets?
The Dow touched a record high, following a bump in US stocks. This was on the back of data revealing that underlying consumer prices remained tepid last month, which eased concerns about a spike in inflation. Read here to know how the market performed.
Watch Out
Take a look at these key events
Today:
How will the European Central Bank respond to the fast-evolving global dynamics in the wake of the pandemic? It is due to take render a decision today.Tomorrow:
Speciality chemicals firm Anupam Rasayan India is set to launch its 760 crore IPO.
Big Story
Kalyan Jewellers gears up for an IPO
Jewellery maker Kalyan Jewellers, which is backed by Warburg Pincus, is gearing up for its initial public offering (IPO) on March 16. In a country that holds the largest consumer base for gold, an IPO of this kind would be the first, if the plans take fruition. In the last one month, the shares of listed peers of the jewellery maker like Vaibhav Global and PC Jewellers have risen by 29 percent and 10 percent, respectively. What would be the impact of Kalyan Jewellery's IPO then? Read here to find out.
Business
Why is Aditya Birla interested in High Fashion?
Coronavirus Check
Pfizer wants to enter India, with some conditions
Pfizer Inc has told the Indian government it is willing to make its vaccine candidate locally: under some conditions. It will only do so if it is guaranteed faster regulatory clearance and freedom on pricing and exports. Will the candidate find its way onto Indian soil? Read here to know more.
Politics
Khattar says 75 percent reservation for private-sector jobs
Haryana Chief Minister Manohar Lal Khattar clarified that his government’s decision to reserve 75 percent of jobs in the private sector to locals will apply only for non-technical fields. Read here to know why experts like Rituparna Chakraborty, co-founder and executive vice president, TeamLease Services, told Moneycontrol that this will kill the institution of ‘One India’.
Tailpiece
On Writing Well
Being able to piece sentences together with ease is not a simple task. That's maybe why it’s such an important part of how some of the world’s largest companies work. In this piece, Jayadevan PK talks about how writing invokes much-needed clarity and gives readers tips on how to truly become a wordsmith.