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.
INDIA
Police tracking 'godmen' based on Burari victims' call records: Report
11 members of a family were found dead on Sunday under mysterious circumstances.
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.
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.
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
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.
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
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.
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.
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.
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
BUSINESS
BNP Paribas Mutual Fund’s CIO Ritesh Jain resigns
Jain had joined the fund house in June 2017.
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.
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.
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.
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.
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.''
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.
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.
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
BUSINESS
Insight 18 | What's in store for the rupee?
Insight 18 analyses the course of the Indian rupee.
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.
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.
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.
