INDIA
Lynching accused admits to crime, says will kill anyone who slaughters a cow: Report
In a written statement to the court, Sisodia had claimed that he was not involved in the attack and that he wasn't even present at the spot
BUSINESS
Mphasis slips 3% despite better Q1 nos, buyback approval
The company board has approved a proposal for buy-back of equity shares at a maximum price of Rs 1,350 per equity share, aggregating to an amount not exceeding Rs 9,882.75 million.
BUSINESS
Short covering may push Nifty to 11,500 levels this week; 3 stocks to buy now
“11,320-11,300 spot is strong support zone for the Nifty and the current trend is likely to continue towards 11,500-11,550 levels,” says Shitij Gandhi of SMC Global Securities
BUSINESS
Edelweiss Financial Services shares fall 5% despite decent June quarter earnings
Consolidated profit grew by 17.3 percent year-on-year to Rs 263.3 crore in the first quarter ended June against Rs 224.4 crore in year-ago period.
BUSINESS
See Nifty at 11,800 levels; these 2 largecaps, 1 midcap may offer 5-15%
“A trade below 11,270 levels can halt the current uptrend, dragging the Nifty lower to 11,170-11,050,” says Aditya Agarwala of Yes Securities
BUSINESS
Indian rupee opens flat at 68.66 per dollar
Today, USD-INR pair is expected to quote in the range of 68.60 and 69.05-69.20, says Motilal Oswal.
BUSINESS
Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term
Mitessh Thakkar of mitesshthakkar.com suggests buying Bajaj Finance above Rs 2765 with stop loss of Rs 2744 and target of Rs 2840, Cummins India with a stop loss of Rs 674 and target of Rs 705 and India Cements with a stop loss of Rs 118.8 and target of Rs 129.
BUSINESS
Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give 6-14% return
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 5 points or 0.04 percent. Nifty futures were trading around 11,431-level on the Singaporean Exchange.
BUSINESS
Podcast | Stock Picks of the Day: 2 midcaps, 1 smallcap buys that could return 6-14%
At present, Nifty is looking exhausted at higher levels. Overall, it looks overstretched and has formed a ‘Tweezer Top’ kind of pattern on the daily scale, which indicates some sort of consolidation in the near term.
BUSINESS
News highlights: Arun Jaitley to attend Rajya Sabha on 9 August for first time in 3 months
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.
BUSINESS
Stocks in the news: BPCL, Cipla, Mphasis, GAIL, Patel Engg, GOCL Corporation
BPCL | Cipla | Mphasis | GAIL | Patel Engg | GOCL Corporation and Beekay Niryat are stocks, which are in news today.
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Rajesh Agarwal of AUM Capital recommends buying Sun TV Network with stop loss at Rs 804 and target of Rs 825, Godawari Power with stop loss at Rs 449 and target of Rs 490 and VIP Industries with stop loss at Rs 534 and target of Rs 575.
BUSINESS
A morning walk down Dalal Street: Stay cautiously optimistic, focus on stock specific opportunities
The consolidation was warranted especially after the market had consistently been hitting fresh record highs, experts said while advising bulls to remain cautiously optimistic on the market.
CRICKET
Lord’s Honours Board - Part 2: These Indian batsmen achieved a feat that Sachin Tendulkar couldn't
As the second Test between England and India begins at Lord's on August 9, here's a look at some special Indian batting performances.
TRENDS
World’s first thermal battery plant inaugurated in India: Here are its commercial applications
Thermal energy is an efficient alternative to fossil fuels and is considered better than solar energy in some ways. This new energy storage form will have wide-ranging commercial applications.
BUSINESS
Podcast |Digging Deeper with Moneycontrol: Your assets are your friends
Tune in to understand the many asset classes available to investors, and how they can function as good friends who look out for us at all times.
TECHNOLOGY
Royal Enfield twins, Interceptor 650 and Continental GT 650 to hit India market in November
In terms of mechanicals, both bikes have the same 648 cc parallel twin tuned to deliver 47.7 PS of power at 7,100 rpm and 52 Nm of peak torque at 5,250 rpm.
POLITICS
Karunanidhi’s life in pictures: A revered artist, chief minister and kingmaker
Fondly called ‘Kalaignar' (artist) by supporters, Karunanidhi served as DMK’s president for 10 terms. Here’s a look at his life in pictures.
BUSINESS
Logistics startup Shadowfax raises $22 mn from NGP Capital, others
It will use the fund for scaling up the business. It is targeting a ten-fold growth in its merchant base which is currently 40,000 by 2021.
POLITICS
End of an era: DMK patriarch Karunanidhi passes away, India loses its Kalaignar
Known for his mastery at predicting and picking up the public discourse and weaving a careful political line along it, Kalaignar was also known for his wit and formidable memory— a trait he carried until his last breath.
WORLD
India aims to roll out 5G network by 2022: Report
5G speeds would improve the feasibility of autonomous vehicles, drones, remotely assisted surgeries and traffic control.
REAL-ESTATE
GoWork eyes $200 mn in its next fund-raising round with PE investors
Plans to woo multinational corporates with 50 centers across India in next 5 years
WORLD
Bangladesh government mulls death penalty for fatal traffic accidents amidst protests
After the death of two teenagers by a private bus, thousands of angry school and college students have demanded immediate changes to the traffic laws in the country.
TRENDS
China bans the new Winnie the Pooh movie amid comparisons with President Xi Jinping
What happens to honey in China?
