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Indian Bank falls over 3.5% after it cancels dividend of Rs 6/share

BUSINESS

Indian Bank falls over 3.5% after it cancels dividend of Rs 6/share

The RBI informed that the bank can declare dividend after fully providing for MTM loss, Gratuity and any other provisions staggered in terms of dispensation given by RBI to all the banks.

Add Colgate, target Rs 1,300; expect higher ad investment on flagship brand: Kotak Securities

BUSINESS

Add Colgate, target Rs 1,300; expect higher ad investment on flagship brand: Kotak Securities

The company's annual general meeting is scheduled to be held on July 26, 2018.

Aditya Birla Capital rises 2%; Credit Suisse maintains outperform with target Rs 175

BUSINESS

Aditya Birla Capital rises 2%; Credit Suisse maintains outperform with target Rs 175

The research house has remained positive given its good growth potential and improving profitability across business.

Lupin up nearly 2% on partnership with Mylan to commercialise Enbrel biosimilar

BUSINESS

Lupin up nearly 2% on partnership with Mylan to commercialise Enbrel biosimilar

Enbrel is a TNF-inhibitoriindicated to treat certain autoimmune diseases, including rheumatoid arthritis, psoriatic arthritis, plaque psoriasis and ankylosing spondylitis.

Drastic drop in number of unruly passengers after introduction of no-fly list: Report

BUSINESS

Drastic drop in number of unruly passengers after introduction of no-fly list: Report

So far, only one person — Mumbai-based jeweller Birju Kishore Salla — has been put on the no-fly list since the government enforced the new rules

Tata Steel gains over 1% on buzz of Thyssenkrupp nearing JV compromise with co

BUSINESS

Tata Steel gains over 1% on buzz of Thyssenkrupp nearing JV compromise with co

Thyssenkrupp and Tata Steel are nearing a 15 billion euro ($17.4 billion) deal this week to combine their European assets into a global steel giant, sources familiar with the talks told Reuters.

Rupee hits all-time low of 69.09: Here are 4 reasons why it is taking a beating

INDIA

Rupee hits all-time low of 69.09: Here are 4 reasons why it is taking a beating

In the previous session, rupee posted the biggest single session fall against dollar since June 19

Exide Industries gains 2% on JV with Switzerland company

BUSINESS

Exide Industries gains 2% on JV with Switzerland company

The company has signed a joint venture agreement with Leclanche S.A., a company incorporated under the laws of Switzerland and having its registered office at Switzerland.

Dr Reddy's stock gains 1% on Establishment Inspection Report from USFDA for Medak units

BUSINESS

Dr Reddy's stock gains 1% on Establishment Inspection Report from USFDA for Medak units

The US health regulator had completed audit of API Hyderabad Plant 3 at Bollaram and API Hyderabad Plant 1 at Jinnaram Mandal, Medak District, Telangana on March 9 and March 16, respectively.

Top three stocks to buy ahead of June expiry which could give 8-14% return

BUSINESS

Top three stocks to buy ahead of June expiry which could give 8-14% return

Going forward, the bias is expected to remain sideward to negative. On the lower end, 10,600 may act as crucial support for the index. However, a sustained trade below 10,600 may induce correction towards 10,525-10,472 levels, says Achin Goel of Bonanza Portfolio.

US will forfeit $24 million worth bitcoin seized from drug dealers

WORLD

US will forfeit $24 million worth bitcoin seized from drug dealers

The department of justice for the district of Maryland said they had indicted two men for allegedly manufacturing and distributing drugs through dark web marketplaces

IT department flooded with 'tip-offs' on benamis after Rs 1 crore reward announcement

BUSINESS

IT department flooded with 'tip-offs' on benamis after Rs 1 crore reward announcement

The Benami Transactions Reward Scheme, 2018 was launched by the Ministry of Finance with an objective of obtaining people’s participation in the IT department’s efforts of unearthing black money and reducing tax evasion

Double-digit volume growth seen in ceramic tiles by FY20: 3 stocks worth looking at

BUSINESS

Double-digit volume growth seen in ceramic tiles by FY20: 3 stocks worth looking at

Prism Johnson and Somany Ceramics are still available at low valuation while Kajaria Ceramics is the market leader (9 percentas on FY18) and margin leader (17 percent as on FY18) in the ceramic tiles industry.

Differently-abled swimmer from Madhya Pradesh crosses English Channel in 12 hours

INDIA

Differently-abled swimmer from Madhya Pradesh crosses English Channel in 12 hours

Singh is the first person in India with 75 percent disability to complete the 36-km Arabian Sea swim

Closing Bell: Nifty ends June series below 10,600, Sensex dips 179 pts; Midcap index falls 2%

BUSINESS

Closing Bell: Nifty ends June series below 10,600, Sensex dips 179 pts; Midcap index falls 2%

Reliance Industries, TCS, Tech Mahindra and banking & financials stocks pushed the market lower.

Not safe for consumption? Kerala merchants' association stops fish import from Andhra Pradesh

INDIA

Not safe for consumption? Kerala merchants' association stops fish import from Andhra Pradesh

So far, food safety authorities have seized 21,600 kg of fish with a hazardous substance in this month from three major checkpoints

Indian rupee breaks 69 vs dollar for first time; down over 8% in 2018

BUSINESS

Indian rupee breaks 69 vs dollar for first time; down over 8% in 2018

Today, USD-INR pair is expected to to quote in the range of 68.70 and 69.20, says Motilal Oswal.

Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give up to 14% return

BUSINESS

Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give up to 14% return

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 30 points or 0.28 percent. Nifty futures were trading around 10,645-level on the Singaporean Exchange.

Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani & Mitessh Thakkar for short term

BUSINESS

Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani & Mitessh Thakkar for short term

Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Dabur India with a stop loss of Rs 387.8 and target of Rs 405 and sell DLF with a stop loss of Rs 196.2 and target of Rs 182.

News highlights: Final draft of Assam NRC to not be released on June 30

TRENDS

News highlights: Final draft of Assam NRC to not be released on June 30

This blog will keep track of breaking news and important developments through the day.

Buy or sell: Top stock trading ideas by market experts which are good short term bets

BUSINESS

Buy or sell: Top stock trading ideas by market experts which are good short term bets

Rajesh Agarwal of AUM Capital recommends buying Tech Mahindra with stop loss at Rs 699 and target of Rs 733, PVR with stop loss at Rs 1350 and target of Rs 1389 and Dabur India with stop loss at Rs 387 and target of Rs 403.

Stocks in the news: Tata Steel, SBI, 63 Moons, Relaxo Footwears, Exide Industries

BUSINESS

Stocks in the news: Tata Steel, SBI, 63 Moons, Relaxo Footwears, Exide Industries

Tata Steel | SBI | 63 Moons | Relaxo Footwears and Exide Industries are stocks, which are in news today.

SUI vs CRC FIFA World Cup 2018 Highlights: Switzerland go through after 2-2 draw with Costa Rica

SPORTS-TRENDS

SUI vs CRC FIFA World Cup 2018 Highlights: Switzerland go through after 2-2 draw with Costa Rica

Catch all the highlights from the FIFA World Cup 2018 Group E match between Switzerland and Costa Rica, from the Nizhny Novgorod Stadium, Nizhny Novgorod.

Maharashtra plastic ban: Some relief for local grocery stores

INDIA

Maharashtra plastic ban: Some relief for local grocery stores

The Maharashtra government has banned the use of all kinds of plastic bags irrespective of their thickness, tea cups, plastic glasses, thermocol, plastic products used in hotels to parcel food like boxes and spoons.

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