BUSINESS
Govt not keen on strategic sale of IDBI stake, may issue preferential shares: Report
The government's rethinking of its staregy to sell the IDBI stake could be due to the failed attempts at selling its Air India stake
REAL-ESTATE
New Ascendas-Singbridge programme to invest in logistics and industrial facilities in India
To invest in projects in hubs in Mumbai, National Capital Region, Pune, Chennai, Bengaluru and Ahmedabad
INDIA
Petrol price dips 71 paise, diesel 51 paise in 8 days; check latest fuel prices here
The decreasing price trend, which started on May 30, continued on Wednesday with the dip in prices of petrol by 11 paise and diesel by 8 paise in the national capital.
BUSINESS
Expect RBI to increase rates by 25 basis points: Dynamic Levels
We expect RBI to increase rates by 25 basis points today, as indicated by 3 month India bond yield which is currently trading at 6.50, says a report by Dynamic Levels.
BUSINESS
CG Power gains 3% after co wins Rs 319-crore order from Indian Railways
The company on Tuesday announced an order win worth Rs 319 crore to supply of Under Slung Electrics for Diesel Electric Tower Car (DETC).
BUSINESS
Capital First, IDFC Bank up 3-5% on RBI nod for merger
The Scheme remains subject to receipt of approval from the respective shareholders and creditors of the amalgamated company and the amalgamating companies.
BUSINESS
Indian rupee opens higher at 67.08 per dollar
The rupee is expected to quote in the range of 66.90 and 67.35, it added.
BUSINESS
Closing Bell: Sensex ends 275 points higher; Nifty near 10,700 post RBI meet outcome
The Sensex is up 275.67 points or 0.79% at 35178.88, while the Nifty is up 91.50 points or 0.86% at 10684.70.
BUSINESS
Markets@Moneycontrol: Nifty likely to open flat; outcome of RBI policy eyed
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 20 points or 0.19 percent. Nifty futures were trading around 10,587-level on the Singaporean Exchange.
BUSINESS
Nifty likely to remain weak below 10,630; see 10% return in PNB
“Nifty may continue to face resistance on a rise around 10,630,” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Rajesh Agarwal of AUM Capital recommends buying Cipla with stop loss at Rs 530 and target at Rs 556, Bharat Petroleum Corporation with stop loss at Rs 395 and target at Rs 418 and a buy also in Tata Global Beverage with stop loss at Rs 255 and target of Rs 275.
BUSINESS
Indian ADRs: Tata Motors, HDFC Bank gain; Wipro down
Indian ADRs ended mixed on Tuesday. Tata Motors gained 0.42 percent and Infosys was down 0.43 percent.
BUSINESS
Stocks in the news: CG Power, Gujarat Ambuja Exports, Bank of Baroda, NMDC, Hind Copper
Bandhan Bank | Gujarat Ambuja Exports | Bank of Baroda | NMDC | Hind Copper | Everest Industries | Confidence Petroleum | Electrosteel Steels | Karur Vysya Bank | Bajaj Finance and Gruh Finance are stocks, which are in news today.
BUSINESS
News highlights of the day: NCLT extends insolvency resolution period of Bhushan Energy
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
TRENDS
Four-year-old Assamese boy named 'Youngest Author of India'
At the age of four, the wonder kid from Assam has managed to pen a book titled 'Honeycomb', published in January this year.
POLITICS
PM Modi wants Advani to contest elections in 2019: Report
Multiple reports of BJP wanting to field some of its old guard in the upcoming polls have been making the rounds of late.
BUSINESS
UltraTech wins copyright infringement case against Everest Industries: Report
UltraTech had claimed that Everest was using the marks ‘Ultratruf’ and ‘A One Ultratruf’ to sell cement, which was deceptively similar to its registered trademark ‘UltraTech’.
BUSINESS
RBI monetary policy: 6 things to watch out for on Wednesday
The central bank has maintained the status quo on its repo rate since August 2017, citing concerns about inflation.
INDIA
NBCC bags Rs 1,138 crore project to build AIIMS in Himachal Pradesh
The project is estimated to be worth Rs 1,138 crores, which will include planning, design and construction of the AIIMS in Himachal Pradesh's Bilaspur District.
TECHNOLOGY
Intel launches limited edition 5GHz Core i7-8086K anniversary processor
The code name for this processor was Coffee Lake and comes up with Lithography of 14nm, with 6 cores and 12 threads.
CURRENT-AFFAIRS-TRENDS
Indian Railways does its bit for World Environment Day, introduces biodegradable food packages
Twitter users responded to Goyal's post with encouragement and urged him to consider mandating the biodegradable packaging in all trains.
SPORTS-TRENDS
FIFA World Cup 2018: Here's how the prize money will be distributed
Here's a look at how much prize money each participating team stands to win at the 2018 FIFA World Cup in Russia.
TECHNOLOGY
WWDC 2018: Apple mocks Android with operating system comparison
The statistic compared the latest Android version Oreo and iOS 11's installation base.
TRENDS
Priyanka Chopra draws flak as Quantico episode portrays some Indian nationalists as terrorists
The episode features a group of Indian nationalists who plot a bomb blast in Manhattan, New York, with the ultimate intention of framing Pakistan for the incident.
