Power Finance Corporation (PFC) surges in trade post the management commentary on conference call.
CNBC-TV18 learns from sources that Central Board of Direct Taxes (CBDT) is conducting massive operation against non-tax filers.
There could be around 75,000 crore worth liquidity going into the telecom industry.
BEML is up about 8 percent and the key trigger for the stock is the strategic divestment that the government is planning.
CNBC-TV18 understands that lenders are holding the first meeting with the IRP or the insolvency resolution professional for Alok Industries.
Today is weekly options expiry on the Bank Nifty, the highest open interest is at 24,700 Call, my sense is that the risk reward might just be in your favour to take some calls.
Infosys will consider buyback on August 19. Watch accompanying video of CNBC-TV18’s Varinder Bansal for more details.
Watch Manisha Gupta of CNBC-TV18 updating us on all the action from commodities and currency space.
In what can be a big boost for fast moving consumer goods (FMCG) companies including Hindustan Unilever Ltd (HUL), Marico and Dabur India, government run Canteen Stores Department (CSD), which serves defence personnel and is the single largest client for most consumer goods companies, is set to plan a massive online expansion.
CNBC-TV18 learn from sources that the cabinet is likely to take up new scheme for area-based exemptions under goods and services tax (GST) today.
Private sector banker Neeraj Gambhir of Nomura is in the fray for role of Deputy Governor of Reserve Bank of India (RBI).
Sweden's defence and security giant SAAB has publicly expressed its intention to not just offer its next generation fighter aircraft to the Indian Air Force but has also proposed to make the single engine fighter aircraft in India. On offer is the "Gripen E" which is a variant of Gripen N-G.
Geopolitical concerns, which lead to corrections normally are the best buying opportunities especially in a bull market and once again this has been a lesson in portfolio management.
Reliance Capital has started the process for listing its general insurance business by filing papers with the regulator. The company also plans to set up a new standalone health insurance company soon.
In what could be a negative for incumbent telecom players like Bharti Airtel and Idea Cellular, reports suggest that the Telecom Regulatory Authority of India (TRAI) is likely to lower the interconnect usage charge or the IUC from the current 14 paise.
The SGX Nifty is indicating – the Nifty is going to open up in the green so after that it is going to be very crucial.
Sources say that the industry has raised cash flow concerns as transitional credit hits goods and service tax network (GSTN) roadblock.
At least at index level, I don’t think after the kind of fall and with a 100 point gap down, shorting makes sense.
Expect some more deleveraging in midcaps
CNBC-TV18 learn from sources that Securities and Exchange Board of India (SEBI) may issue a notification soon to give respite to certain shell companies and may allow trading in about 12 companies once they explain their position.
Sources say that Minister for Civil Aviation Gajapathi Raju, MoS Civil Aviation Jayant Sinha and DIPAM officials met to discuss the divestment process of helicopter service company Pawan Hans
CNBC-TV18 learn from sources that a multi-agency probe has been ordered for a crackdown on shell companies.
CNBC-TV18 learn from sources that a decision on merging public sector banks (PSB) will be taken any time after August 15th.
CNBC-TV18 learns that top bank chiefs have expressed concerns on high levels of provisioning for insolvency and bankruptcy code (IBC) cases in meetings. Banks are set to refer recent cases of defaults to the Oversight Committee (OC) as high provision levels under the insolvency route has made that option more unviable. This comes after the recent lenders meeting held to take stock of the 12 insolvency and bankruptcy code (IBC) cases.
CNBC-TV18 learns from sources that J Kumar Infraprojects approaches Securities Appellate Tribunal (SAT). Watch accompanying video of CNBC-TV18's Anisha Jain for more details.