BUSINESS
NCLT admits SBI's insolvency petition against Uttam Galva Steel subsidiary: Report
The subsidiaries of Uttam Galva Steels — Uttam Value Steel and Uttam Galva Metallics — owe banks Rs 3,200 crore and Rs 2,200 crore respectively
BUSINESS
Fortis Healthcare trading 8% off-day's low; Co widens Q4 net loss at Rs 932cr
Revenues from operations or total income declined 4.69 percent to Rs 1,105.09 crore in Q4FY18, compared to last year's Rs 1,159.5 crore.
BUSINESS
Bodal Chemicals down 3%; increases stake in Trion Chemicals
Bodal Chemicals has acquired 29,86,095 equity shares at face value of Rs 10.
BUSINESS
IndusInd Bank hits record high after acquisition of IL&FS Securities Services
The bank acquired securities business for an undisclosed amount.
BUSINESS
Gallantt Ispat gains 2% as company to consider stock split on June 29
The company's board meeting will be held on June 29 to decide and approve sub-division (split) of equity shares of face value of Rs 10 each which subject to the approval of the members of the company.
BUSINESS
PNB Housing Finance gains over 1% after it announced fundraising plan of Rs 10,000 crore
The board of directors of the company in a meeting approved the proposal of raising of funds by way of public issue of secured and /or unsecured non-convertible debentures for an amount up to Rs 10,000 crore, PNB Housing Finance said in a regulatory filing.
BUSINESS
India Cements among top buys that could give 8-18% return
As per the options data, immediate support is seen around 10,700 and 10,600 whereas 10,800 and 11,000 will act as a hurdle before June expiry, says Abhishek Mondal of Guiness Securities
BUSINESS
A fall below 10,700 could trigger a correction; 3 stocks which could return up to 11%
The volatility index is trading at the lower end of the range indicating indecisiveness among the bulls and the bears, says Aditya Agarwala of YES Securities
BUSINESS
Indian rupee opens at 68.43 per dollar; down 19 paise
Utilise downsides in the pair to initiate long positions, says ICICIdirect.
BUSINESS
Closing Bell: Banks, oil, infra stocks drag Sensex 273 pts; Nifty ends below 10,700 ahead of F&O expiry
Asian shares traded mixed amid trade concerns.
BUSINESS
ITC seeks shareholders’ nod to extend YC Deveshwar’s term
Deveshwar’s term is to end in February 2020
BUSINESS
Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani & Prakash Gaba for short term
Prakash Gaba of prakashgaba.com suggests buying Asian Paints with target at Rs 1300 and stop loss at Rs 1263 and Dewan Housing Finance with target at Rs 660 and stop loss at Rs 635.
BUSINESS
Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give 12-13% return
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 17.5 points or 0.16 percent. Nifty futures were trading around 10,743-level on the Singaporean Exchange.
BUSINESS
News highlights: US, Russia agree to hold summit in 'third country', says Kremlin
This blog will keep track of breaking news and important developments through the day.
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Rajesh Agarwal of AUM Capital recommends buying Hexaware Technologies with stop loss at Rs 452 and target of Rs 475, Bata India with stop loss at Rs 830 and target of Rs 864 and Asian Paints with stop loss at Rs 1260 and target of Rs 1293.
BUSINESS
Stocks in the news: Fortis, Idea, Tata Comm, PNB Housing Finance, IndusInd Bank
NMDC | Idea | Tata Communications | PNB Housing Finance and IndusInd Bank are stocks which are in news today.
SPORTS-TRENDS
NGA vs ARG FIFA World Cup 2018 Highlights: Argentina beat Nigeria 2-1 to go through to knockout stages
Catch all the highlights from the FIFA World Cup 2018 Group D match between Nigeria and Argentina from the New Zenit Stadium, St. Petersburg.
SPORTS-TRENDS
ISL vs CRO FIFA World Cup 2018 Highlights: Croatia end Iceland's hopes of making the last 16
Catch all the highlights from the Group D encounter between Croatia and Iceland at the Rostov Arena.
INDIA
Air India grounds woman co-pilot for showing up intoxicated to work: Report
The co-pilot was supposed to operate the Bengaluru-Trivandrum flight, when her pre-flight medical check-up showed that she was intoxicated.
WORLD
NASA develops technology that can reduce aircraft noise by 70%
A series of flight tests were conducted by NASA to reduce the noise and the operation turned out to be a success.
INDIA
Students travel 250 km to meet Karnataka CM and get school closure called off
Students from Alaghatta government high school, dressed in their school uniforms, arrived at the CM’s JP Nagar residence on Monday morning at 5 am.
REAL-ESTATE
Housing prices: Lucknow records highest growth at 9.4%; Patna witnesses 12.2% fall
NHB Residex, India’s first official housing price index, was launched in July 2007 to track the movement in prices of residential properties in select cities.
WORLD
Podcast | How Google is tapping into the next billion users
In several aspects, saturation has mostly been reached in the Western market but the majority of the world still isn't online. A large segment of the next billion users have shown signs of skipping the PC era and jumping directly into the mobile era. Tune into the Moneycontrol podcast on Google's new features to tap into this segment.
WORLD
Apple News to have content curated by human editors
In the wake of the 2018 Midterm election in the US, the Apple News app has launched a midterm section that will have content curated by human editors from 'reliable sources'
