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US stock market: Dow Jones, Nasdaq end down sharply, hit by Apple and China worries – Economic Times

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Sumitomo Mitsui Financial Group and one other global bank are among five potential investors that have sought information from the Centre about the sale of state equity in IDBI Bank through a formal query process that closed on November 10, people familiar with the matter told ET.
Walmart-owned homegrown ecommerce marketplace Flipkart is likely to facilitate a $700 million employee stock buyback as part of digital payments platform PhonePe’s new financing round, multiple sources briefed on the matter told ET.
Prices of groceries, daily essentials and apparel are likely to fall over the next two quarters as input costs are expected to decline, spurring sales in the process, according to consumer goods makers.
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Nitika is a MCA graduate and works as all-round news writer at The Hoops News. In free time, she works on Photoshop and plays GTA V on her Xbox. A tech-enthusiast at heart, she explores ways that businesses can leverage the Internet and move their businesses to the next level. You can contact her at nitika@thehoopsnews.com.