INDIA
India in final talks to buy 4,500 Spike missiles from Israel in $500-million deal
Spike is a fourth-generation man-portable fire-and-forget anti-tank guided missile designed by the Israeli company Rafael Advanced Defense Systems
INDIA
Face scratched, hair pulled: Mumbai journalist assaulted by woman co-rider on Uber
Despite repeated requests, Uber did not immediately divulge details of the abusive co-passenger, citing privacy policy
INDIA
Applications to join RSS increase from 378 to 1,779 after Pranab Mukherjee's Nagpur speech
Largest number of applications to join RSS came from West Bengal.
BUSINESS
Oil India gains 1% on hydrocarbon discovery in KG Basin, Andhra Pradesh
The company through its exploratory efforts has made its second hydrocarbon discovery in the onland KG Basin NELP VI Block: KG-ONN-2004/1 in the month of May 2018 at well Thanelanka-l in Andhra Pradesh.
BUSINESS
Coca-Cola enters race to buy GSK's Horlicks: Report
Coca-Cola has asked Citigroup to assist them in the bidding process, expected to begin next week
BUSINESS
Sell Ashok Leyland, target Rs 120: Nandish Shah
We recommend selling Ashok Leyland at a current market price of Rs 132 and sell more on any rise around the Rs.136 level for the downside target of Rs.120, says Nandish Shah of HDFC Securities.
BUSINESS
Sell L&T Finance Holdings, target 145: Rs Nandish Shah
We recommend selling L&T Finance for the target of Rs 145, and keep a stop loss above Rs 166, says Nandish Shah of HDFC Securities.
BUSINESS
Buy Tech Mahindra, target Rs 745: Nandish Shah
We recommend buying Tech Mahindra for the upside target of Rs 745 and keep a stop loss below Rs 670, says Nandish Shah of HDFC Securities.
BUSINESS
It’s a stock picker’s market till elections; 8 stocks & sectors Nepean Capital is talking about
Speaking on the correction in midcap space, Gautam Trivedi sees the fall as an opportunity to pick value stocks.
BUSINESS
Deutsche Bank maintains buy on Axis Bank; valuations are at lower than past 5-yr average
The company's valuations are at lower than the past 5-year average, says Deutsche Bank.
BUSINESS
Buy Lupin, target Rs 1000: Ashish Chaturmohta
The stock can be bought at current level and on dips to Rs 905 with a stop loss below Rs 880 and target of Rs 1,000 levels., says Ashish Chaturmohta of Sanctum Wealth Management.
BUSINESS
Buy RBL Bank, target Rs 620: Ashish Chaturmohta
The stock can be bought at current level and on dips to Rs 552 with a stop loss below Rs 535 for target of Rs 620 levels, says Ashish Chaturmohta of Sanctum Wealth Management.
BUSINESS
Buy Hindustan Unilever, target Rs 1750: Ashish Chaturmohta
The stock can be bought at current level and on dips to Rs 1,605 with a stop loss below Rs 1,575 for a target of Rs 1,750 levels, says Ashish Chaturmohta of Sanctum Wealth Management.
BUSINESS
Future Enterprises stock corrects after rising 4% as Generali ups stake insurance firms
Generali Group has signed an agreement with Future Group to increase its stake in its Insurance ventures in India to 49 percent from 25.5 percent.
POLITICS
Arun Shourie calls surgical strike against Pakistan as 'farzical' strike
He clarified that he used the word “farzical” for the government, adding that there has been no improvement in the ground situation even after the surgical strike
BUSINESS
Jefferies maintains buy on Shoppers Stop; Co sees 100bps improvement in margins in FY19, FY20
Company management has maintained guidance of 100bps improvement in margins in FY19 and FY20 each.
INDIA
GST discounts for digital payments hit roadblock as states fail to find common ground
"There are divergent views. Many states feel it is discrimination against those who are not using digital means," a person familiar with the development said
BUSINESS
Xiaomi’s Mi 8 breaks OnePlus 6 record, sells 1 million units in just 18 days
The development comes on the heels of OnePlus selling a million units of its latest flagship launch, OnePlus 6, in 22 days
INDIA
Govt plans major GST overhaul after identifying 180 issues: Report
The panel has suggested several tweaks, including single registration for a taxpayer across India, change in definition of 'supply' under Section 7 of CGST Act
BUSINESS
Bata, Liberty Shoes, Superhouse, Relaxo Footwears to get astrological support: Satish Gupta
Bata India, Liberty Shoes, Superhouse and Relaxo Footwears will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
Info Edge rallies 6% as Co through SPV buys stake in Etechaces that owns PolicyBazaar
Morgan Stanley has maintained its Overweight call on Info Edge after this deal and expects the stock to go up by 62 percent.
BUSINESS
Electoral bonds find few takers, only 905 bonds worth Rs 440cr bought since launch
A total of 445 bonds amounting to Rs 222 crore were issued in the first tranche in March this year
INDIA
Indian Railways set to issue largest order for 22,000 wagons: Report
The order could cost at least Rs 7,000 crore. The railways ministry hopes the bulk order will lower cost of the wagons by 15-20 percent
BUSINESS
Voltas falls 4% on reports of Tata Sons looking to divest 9% stake in co
According to CNBC-TV18, the Group is looking to sell up to 9 percent stake in the company and may look at an offer for sale (OFS) option for the same. The said divestment could take place in more than one tranche.
