On telecom space he is negative as well, adding that he will look to short PSU banks going forward.
Srivastava, who is Chief Investment Officer for IDBI Federal Life Insurance, talks about his take on the markets today and where one should ideally invest.
Udacity, with its nanodegree programmes, has made the right inroads into skilling professionals through its partnerships with companies such as Infosys and Google
According to Angel Broking, EURINR spot depreciated by 0.30 percent on account of weak dollar as the dollar index saw a plunge of about 0.14 percent for the day.
ICICI Direct expects USD to meet resistance at higher levels. Utilise the up side in the pair to go short on the USDINR.
Gainers were Khadim India, Bata India, Liberty Shoes, Relaxo Footwears, Superhouse, Mirza International and Sreeleathers.
Glenmark Pharmaceuticals Inc., USA has been granted final approval by the United States Food & Drug Administration (USFDA) for HAILEYTM Fe 1/20 (Norethindrone Acetate and Ethinyl Estradiol Tablets USP, 1 mg/20 mcg and Ferrous Fumarate Tablets), the generic version of Loestrin1 Fe 1/20 Tablets, of Allergan Pharmaceuticals International.
The company is aiming for a 500 bps market share gain in the domestic commercial vehicle segment, said Macquarie.
We must have the patience and the commitment to sustainability to make the IBC process work, said Uday Kotak, Exec VC & MD, Kotak Mahindra Bank.
Bata India, Relaxo Footwears, Liberty Shoes, Super House and Mirza International will get astrological support, says Satish Gupta of astrostocktips.
Rising medical treatment costs can shatter finances of families.
Industry insiders say that brands like Samsung or Xiaomi offer more margin than Apple does, around 12-15 percent, while Apple has now cut its margin for retailers to 4.5 percent.
City-based real-estate developer D S Kulkarni (DSK), battling allegations of financial irregularities, on Monday said the firm is "confident" of paying the returns to fixed-deposit holders who have accused it of default.
An official in the company's Beijing-based press office, who only gave his surname as Ding, told Reuters on Wednesday that flights were suspended because "business was not good". He declined to comment on when flights might resume.
Shipping Corporation of India's offshore supply vessel sunk off the Mumbai coast on Tuesday evening.
Apple, responding to questions about Skype's absence, late on Tuesday said it had removed several internet phone call apps from its App Store in China after the country's government said they violated local laws.
With rising number of cases under the Insolvency and Bankruptcy Code, the government has set up a 14-member panel to identify and suggest ways to address issues faced in implementation of the law.
According to the firm, the company has one of the better US pipelines among the Indian companies, but the near-term picture remains hazy, given the pricing pressure in the US.
Pharma stocks have been buzzing in trade, is there more legs to this rally? In an interview with CNBC-TV18, Deepak Malik, Pharma Analyst at Edelweiss Securities shared his views and readings on the same.
Pune Unit-I and II of pharma major Cipla has also received approval from the UK regulator to export veterinary products and human medicinal products.
Amazon.com Inc has told its Australian sellers to be ready to take orders on November 23, according to a retailer, the first time the global retail juggernaut has given a start date for sales in a country.
Axalta has a market capitalization of USD 8.2 billion while Nippon has a market capitalization of 1.2 trillion yen (USD 10.7 billion).
SAIL and ArcelorMittal had entered into a memorandum of understanding (MoU) in May 2015 to explore the possibility of setting up an autograde steel manufacturing facility under a joint venture in India.
This is to inform you that a Meeting of the Board of Directors of Xchanging Solutions Limited is scheduled to be held on Thursday, December 7, 2017 at 12:30 PM (IST), inter alia, to consider and approve the unaudited standalone financial results for the quarter and six months ended September 30, 2017 and to transact other business items as set out in the agenda.
CNX Media was also up over 1 percent after Zee Entertainment jumped 2.88 percent followed by TV18 Broadcast while Macquarie has maintained an outperform rating on Zee Entertainment with a target of Rs 615 per share.