BUSINESS
August Auto sales preview: Nomura expects flat 2-wheeler sales on Kerala floods impact
Having said that, it expects medium and heavy commercial vehicles to report single-digit growth in the month of August.
BUSINESS
Vedanta gains over 1% after Goldman Sachs initiates coverage with buy call
The global financial services firm said that positive zinc outlook and strong volumes will overshadow current headwinds.
INDIA
Karnataka govt employees may soon be forced to send their children to govt schools
The aim is to boost the quality of education and improve facilities offered in these institutions by making the officials 'stakeholders' in them
BUSINESS
Sun Pharma rises 2%, Credit Suisse maintains outperform rating
It said that the risk mitigation of Absorica (acne medication) should drive rerating on the stock, but a genericisation in December 2020 is a key overhang.
BUSINESS
Aditya Birla, Varde to jointly invest $1 billion in Indian stressed assets: Report
The move comes in the wake of the Reserve Bank of India forcing over 40 large defaulters into bankruptcy courts
TECHNOLOGY
High radiation emitting mobiles: 12 out of top 15 high SAR value phones made by Chinese firms
The top list is dominated by handsets made by Chinese companies, with Xiaomi, OnePlus, Huawei and ZTE accounting for 12 of the 15 phones with the largest SAR values
BUSINESS
Check out insider trades for August 28; Berger Paints, Premier Explosives in focus
Murari Investment & Trading Co.Ltd (promoter) bought 4,93,615 shares of Srikalahasthi Pipes through market purchase on Augsut 28, 2018
BUSINESS
Finance Ministry to make case for S&P ratings upgrade
Global cues such as fuel prices and a looming trade war could impede the country’s attempt at reining in its deficit. Expenditure could go up as the clock ticks down to the elections of 2019.
BUSINESS
Big Pharma, Baring Asia line up to acquire Bharat Serums and Vaccines: report
The management was previously considering an initial public offering of Rs 2,000 crore for a 30 percent stake, but shelved the plan
BUSINESS
Jet Airways continues to fall further, stock down 65% this year
The airline was in the news on Wednesday as well after a Business Standard report said that the income tax department was probing a land deal between the airline and Godrej Buildcon land development deal.
WORLD
Facebook takes down Holocaust post, restores it after Anne Frank Center demands explanation
The post contained a picture of naked, emaciated children from a Nazi concentration camp.
BUSINESS
Unitech touches 52-week low as Q1 net loss widens to Rs 72.95cr
Revenue fell to Rs 76.3 crore versus Rs 195.96 crore.
BUSINESS
Aditya Birla Capital jumps 4% as Co ties up with Varde Partners
Aditya Birla Capital and Aditya Birla ARC have executed agreements to enter into a strategic joint venture with Varde Partners and create a joint platform to pursue investments in stressed and distressed assets in India.
BUSINESS
Govt agrees to issue NOC for UTI AMC's Rs 5,000 crore IPO: Report
The finance ministry has also asked LIC, SBI, PNB and Bank of Baroda to cut their stakes in UTI mutual fund
BUSINESS
Indian rupee hits fresh record low of 70.82 per dollar; down 10% this year
The rupee has fallen by 10 percent this year so far - making it the worst-performing currency in Asia.
BUSINESS
Videocon case: ICICI Bank pleads ignorance
The regulator had asked why ICICI Bank should be spared punitive action as it was seen as violating the Listing Obligations and Disclosure Requirements (LODR) regulations.
BUSINESS
Rupee in freefall: L&T, Tata Steel among high-debt companies that could take a hit
INR has depreciated by over 10 percent against the greenback
BUSINESS
Pioneer Distilleries rises 5% post resumption of operations at factory in Maharashtra
The company's annual general meeting (AGM) is scheduled to be held on September 21, 2018.
INDIA
No more hefty fees! Govt to start free coaching for JEE, NEET from 2019
The NTA has recently announced setting up of 2,697 practice centres for students from September 1
BUSINESS
Tata Chemicals dips 2% after ICICI Prudential reduces its stake by 2% in Co
ICICI Prudential's stake in the company has reduced to 2.97 percent from 5.02 percent earlier.
BUSINESS
'Nifty may hit 11,925 in September; see outperformance in FMCG, pharma, metals stocks'
ICICI Securities said any dip towards 11,600-11,500 range should be used as an incremental buying opportunity.
BUSINESS
Radico Khaitan, United Breweries, United Spirits to get astrological support: Satish Gupta
Radico Khaitan, United Breweries, United Spirits, Pioneer Distillery, Globus Spirits and Associated Alcohol will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
Greaves Cotton hits 52-week high after board approves to acquire majority stake in Ratan Tata-backed Ampere Vehicles
The company to acquire 67 percent stake in Ampere for Rs 77 crore, which to be completed by December 31, 2018, while for another 13 percent stake the company to shell out another Rs 75.5 crore.
BUSINESS
These 3 stocks could return 10-13% in September series
The Nifty may scale new highs if it sustains above 11,800, says Rupak De of Bonanza Portfolio
