Moneycontrol News

Moneycontrol News

Moneycontrol News

Artson Engineering gains 4% post LoI receipt from GMR Hyderabad airport

BUSINESS

Artson Engineering gains 4% post LoI receipt from GMR Hyderabad airport

The Letter of Intent of approx. Rs 24.15 crore has been issued by GMR Hyderabad International Airport.

Police tracking 'godmen' based on Burari victims' call records: Report

INDIA

Police tracking 'godmen' based on Burari victims' call records: Report

11 members of a family were found dead on Sunday under mysterious circumstances.

Cadila Healthcare rises 1% on USFDA approval for tablets to control high blood pressure

BUSINESS

Cadila Healthcare rises 1% on USFDA approval for tablets to control high blood pressure

Zydus Cadila has received the final approval from the USFDA to market Nifedipine extended-release tablets USP in the strengths of 30 mg, 60 mg, and 90 mg.

Analyst says Apple to launch iPhone with a 6.1-Inch display costing USD 600

BUSINESS

Analyst says Apple to launch iPhone with a 6.1-Inch display costing USD 600

The noted tech analyst has provided some key insights about the new iPhone models to be launched this September with bigger batteries and USB-C type fast charging port.

Facebook to inform users of bug which may have unblocked people you blocked

BUSINESS

Facebook to inform users of bug which may have unblocked people you blocked

The bug was active from May 29 to June 5 in both Facebook and Messenger

UTI MF revises fund management responsibilities for 7 schemes

BUSINESS

UTI MF revises fund management responsibilities for 7 schemes

The fund house has appointed Kamal Gada as fund manager for overseas investments under schemes that invest in foreign securities.

Macro@Moneycontrol | One year of GST: Success or failure?

BUSINESS

Macro@Moneycontrol | One year of GST: Success or failure?

The tax reform consolidated 17 central and state taxes like excise duty, VAT and octroi into a single levy: GST

Kiri Industries locked at 20% upper circuit after favourable Singapore Court ruling

BUSINESS

Kiri Industries locked at 20% upper circuit after favourable Singapore Court ruling

Singapore Court directed Senda to purchase Kiri Industries's shareholding in DyStar.

Banks to hold back on new home loan overdraft accounts

INDIA

Banks to hold back on new home loan overdraft accounts

If money parked in the account is in excess of the EMI amount, it is treated as pre-payment towards the loan. This effectively brings down the liability, and interest is charged only on the balance.

The famous US basketball league player who was just bought for a whopping Rs 1,050 crore

BUSINESS

The famous US basketball league player who was just bought for a whopping Rs 1,050 crore

Given that each team plays 82 games in a regular season of NBA league, LeBron James will basically be earning one 2016 Lamborghini Aventador - that costs about Rs 3.04 crore - every game.

ITC to introduce new packaged food products

BUSINESS

ITC to introduce new packaged food products

ITC is also looking to plug gaps in its portfolio but will only acquire brands that can be scaled up using its own distribution network

BNP Paribas Mutual Fund’s CIO Ritesh Jain resigns 

BUSINESS

BNP Paribas Mutual Fund’s CIO Ritesh Jain resigns 

Jain had joined the fund house in June 2017.

Tata Power gains 1% on commissioning 100 MW solar plant in Andhra Pradesh

BUSINESS

Tata Power gains 1% on commissioning 100 MW solar plant in Andhra Pradesh

With this, the overall operating renewable capacity of Tata Power Renewable Energy now stands at 2,215 MW in India.

NITI Aayog working to fast-track closure of underperforming CPSEs

INDIA

NITI Aayog working to fast-track closure of underperforming CPSEs

Government directs respective ministeries to negotiate with creditors to settle dues at minimum value through a one-time settlement.

Buy Sundaram Fasteners, target Rs 720: Ashish Chaturmohta

BUSINESS

Buy Sundaram Fasteners, target Rs 720: Ashish Chaturmohta

The stock can be bought at current level and on dips towards Rs 635 with a stop loss below Rs 615 and a target of Rs 720 levels, says Ashish Chaturmohta of Sanctum Wealth Management.

Buy Godrej Industries, target Rs 700: Ashish Chaturmohta

BUSINESS

Buy Godrej Industries, target Rs 700: Ashish Chaturmohta

The stock can be bought at current level and on dips to Rs 607 with a stop loss below Rs 585 for a target of Rs 700, says Ashish Chaturmohta of Sanctum Wealth Management.

SpaceX Dragon arrives with AI robot, coffee, ice cream and mice at International Space Station

TECHNOLOGY

SpaceX Dragon arrives with AI robot, coffee, ice cream and mice at International Space Station

Ricky Arnold, station astronaut said, "Looking forward to some really exciting weeks ahead as we unload the science and get started on some great experiments.''

How have IPOs performed so far in 2018?

BUSINESS

How have IPOs performed so far in 2018?

A look at data from AceEquity in the past six months, stocks such as Gautam Gems surged 189 percent in 2018 so far, while other names such as Megastar Foods, Mishra Dhatu Nigam, Bandhan Bank, and Lemon Tree Hotels rose between 37 and 80 percent.

JPMorgan maintains overweight on ONGC; target Rs 265

BUSINESS

JPMorgan maintains overweight on ONGC; target Rs 265

The company is moving on towards the next stage of re-structuring. The stock pricing in large subsidy/oil cess and have not seen any increase in oil cess, said JPMorgan.

Andhra govt extends mid-day meal scheme to senior secondary students in Vizag

INDIA

Andhra govt extends mid-day meal scheme to senior secondary students in Vizag

Many students who come from far off smaller districts to attend colleges had no option to go home for lunch due to geographical restrictions

Insight 18 | What's in store for the rupee?

BUSINESS

Insight 18 | What's in store for the rupee?

Insight 18 analyses the course of the Indian rupee.

Pakistani politician sits in sewage water, garbage dump in pre-election campaign for votes

WORLD

Pakistani politician sits in sewage water, garbage dump in pre-election campaign for votes

Motiwala is campaigning by showing the unhygienic conditions and dysfunctional faulty sewage systems of the city.

Heavy rains lash Mumbai: Flights delayed, rail services hit

INDIA

Heavy rains lash Mumbai: Flights delayed, rail services hit

Mumbai police issued an advisory and requested people to expect traffic congestion while commuting to the airport.

Emkay upgrades United Breweries to buy, recent correction provides entry opportunity

BUSINESS

Emkay upgrades United Breweries to buy, recent correction provides entry opportunity

This is top pick in consumption space and recent correction provides an attractive entry opportunity, says Emkay Global.

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