BUSINESS
Lupin plunges 4% on dismal June quarter numbers
PAT was much below analysts' estimates on a subdued US business.
BUSINESS
Buy TVS Motor Company, target Rs 625: Aditya Agarwala
The stock may be bought in the range of Rs 547-552 for targets of Rs 600-625, keeping a stop loss below Rs 510, says Aditya Agarwala of YES Securities.
BUSINESS
Buy Colgate Palmolive, target Rs 285: Aditya Agarwala
The stock may be bought in the range of Rs 237-240 for targets of Rs 265-285, keeping a stop loss below Rs 215, says Aditya Agarwala of YES Securities.
BUSINESS
Buy Hatsun Agro Product, target Rs 815: Aditya Agarwala
The stock may be bought in the range of Rs 707-709 for a target of Rs 780-815, keeping a stop loss below Rs 650, says Aditya Agarwala of YES Securities.
BUSINESS
Lupin net profit slumps 43% to Rs 202.8cr in Q1
Lupin has been struggling in the US market, due to lack of significant approvals and heightened competition
BUSINESS
Genesys International rises 5% on signing MoU with Wipro
The company has signed a memorandum of understanding (MoU) with Wipro to jointly tap the opportunity in the autonomous car sector.
BUSINESS
Brokerages cheer M&M’s Q1 show; Axis Cap upgrades rating to buy, hikes target
Utility vehicle and tractor manufacturer Mahindra & Mahindra on Tuesday reported a 67 percent growth in net profit at Rs 1,257 crore for the quarter ended June, ahead of analyst estimates
BUSINESS
NMDC shares fall over 2% after decline in July production and sales data
In the April-July period, production and sales of iron ore (provisional) stood at 8.39 million tonne and 8.72 million tonne, respectively
BUSINESS
Macro headwinds could pose a risk; Kotak Sec picks 10 stocks that may return up to 80%
To ride the momentum which is on an upside, the brokerage house recommends investors to add companies which are exhibiting improvement in earnings and showcasing strong volume growth.
BUSINESS
Govt may amend Passport Act to stop wilful defaulters from fleeing: Report
The government does not want to make it a blanket ban, particularly in cases where trips are necessitated for business purposes
POLITICS
Amid a Twitter exchange, Mehbooba Mufti's emoji skills leave Omar Abdullah impressed
The harmless light-hearted banter, the kind which is rarely seen in Indian politics, received applause from the Twitter fraternity. One user awarded Mufti with “best emoji use award”
TRENDS
Railways WhatsApp helpline number receives more Friendship Day wishes than complaints
The official informed that the messages that are most received are the ones that ask you to forward a particular message to 15 people to ensure good luck.
WORLD
Saudi Arabia-Canada diplomatic spat turns ugly as pro-Saudi Twitter handle shares 9/11-like image
The @infographic_ksa said that the plane was actually a depiction of Canadian ambassador going home
WORLD
Google's Chief AI scientist: India is contributing a lot to the global AI scene
Fei Fei Li, Google Cloud’s chief scientist appreciated Indian students as well as mentors’ of the Indian origin for their contribution to AI, at Google Cloud Next 2018.
POLITICS
‘Can I, just once, call you Appa?’, Stalin says in poem penned for father Karunanidhi
The poem, which was written in Tamil, was posted by Stalin on his Twitter handle shortly after his father was declared dead
BUSINESS
After UK entry, Ola raises over Rs 1,500 cr in funding from Temasek Holdings
The Singapore-based investment firm has future plans to expand its stake in Ola via subscription to new shares
BUSINESS
Dhampur Sugar Mills slips 3% on poor Q1 numbers
Revenue slipped 13 percent to Rs 734.40 crore versus Rs 850.32 crore.
BUSINESS
Bajaj Finance, Bajaj Finserv, Shriram Transport to get astrological support: Satish Gupta
Bajaj Finance, Bajaj Finserv, Cholamandalam Investment and Shriram Transport will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
Housing projects worth Rs 3.3 lakh crore face construction delays across the country: PropEquity
Nearly 1.8 lakh delayed units valued at Rs 1.22 lakh crore are located in NCR alone
BUSINESS
India is on growth path; private banks, FMCG, NBFC sectors could be good bets: Emkay
Krishna Kumar Karwa of Emkay Global said the rally seen in the market is largely led by 5-6 largecap companies but midcaps and smallcaps are distance away from their peaks seen in January 2018.
BUSINESS
MS Dhoni acquires 25% stake in sports tech start-up Run Adam
As part of the deal, the 37-year-old cricketer will also assume the role of mentor and brand ambassador for the budding company
BUSINESS
City Union Bank Q1 profit rises 15% to Rs 162 cr on lower provisions; NPAs steady
City Union Bank's provisions for bad loans dropped 33.4 percent year-on-year to Rs 77.7 crore in Q1FY19 and also declined 9.85 percent on sequential basis.
BUSINESS
Indiabulls Mutual Fund appoints Raghav Iyengar as CEO
Iyengar replaces Akshay Gupta who resigned from the position on August 4
BUSINESS
Selan Exploration Technology rises 9% on robust June quarter numbers
Revenue rose 15.5 percent at Rs 26.9 crore against Rs 23.3 crore.
