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Moneycontrol News

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Congress plans to offer direct income support to farmers in poll-bound MP: Report

POLITICS

Congress plans to offer direct income support to farmers in poll-bound MP: Report

A party leader said the manifesto will have a key focus on farmers issues

Marksans Pharma Q1 profit jumps 73% to Rs 25 cr, US business grows 6%

BUSINESS

Marksans Pharma Q1 profit jumps 73% to Rs 25 cr, US business grows 6%

Marksans Pharma's revenue from operations in Q1 increased 6.4 percent to Rs 235.3 crore YoY on growth across the board.

Marksans Pharma shares jump 15% after healthy profit growth in June quarter

BUSINESS

Marksans Pharma shares jump 15% after healthy profit growth in June quarter

Australia & NZ formulation business revenue registered a 7.87 percent growth and Rest of World 100 percent in Q1.

Subros gains 4% as board to consider fund raising on August 9

BUSINESS

Subros gains 4% as board to consider fund raising on August 9

A meeting of the board of directors of the company scheduled to be held on August 9 to discuss and evaluate raising of funds by way of issuance of equity shares on preferential basis to one of the existing shareholder of the company.

HDFC AMC: What should investors do after stellar listing? Buy on dips, or book profits?

BUSINESS

HDFC AMC: What should investors do after stellar listing? Buy on dips, or book profits?

Most experts advise investors to hold on to HDFC AMC stock because it is a long-term bet.

Bharti Airtel gains 2% on partnership with Telecom Egypt

BUSINESS

Bharti Airtel gains 2% on partnership with Telecom Egypt

The partnership grants Airtel the right to use fiber pairs of MENA Cable from Egypt to India with access to Saudi Arabia and Oman, and other fiber pairs from Egypt towards Italy.

Ashoka Buildcon gains 2.5% after arm wins city gas distribution order in Maharashtra, Karnataka

BUSINESS

Ashoka Buildcon gains 2.5% after arm wins city gas distribution order in Maharashtra, Karnataka

Unison Enviro got the authorisation for two geographical areas— in Karnataka and Maharashtra and for a period of 25 years.

Kraft Heinz shortlists bidders for sale of some Indian assets: Report

BUSINESS

Kraft Heinz shortlists bidders for sale of some Indian assets: Report

Tata Group and Dabur India are among the companies chosen for the second round of bidding for the food company's Indian assets, which includes Complan and Glucon-D

Srei Infra dips 2% on report equipment finance IPO may be postponed or called off

BUSINESS

Srei Infra dips 2% on report equipment finance IPO may be postponed or called off

The IPO comprises a fresh issue of Rs 1,100 crore and an offer for sale of upto 43,86,765 equity shares by promoter.

EC fixing VVPATs to avoid glitches during 2019 polls: Report

POLITICS

EC fixing VVPATs to avoid glitches during 2019 polls: Report

About 50% of the groundwork has been completed as the EC has begun work ahead of schedule.

Embassy Group rejigs property portfolio ahead of REIT listing: Report

BUSINESS

Embassy Group rejigs property portfolio ahead of REIT listing: Report

The revised REIT will include assets operated by partner Blackstone in the National Capital Region (NCR) and Mumbai

UK college admission body apologises to over 4000 students after wrongly informing them that they got into university

WORLD

UK college admission body apologises to over 4000 students after wrongly informing them that they got into university

The students described the experience as 'heart-wrenching' when informed that the message sent by UCAS was a mistake.

CoinMarketCap says data-related glitch which artificially inflated price resolved

BUSINESS

CoinMarketCap says data-related glitch which artificially inflated price resolved

The portal had acknowledged the “issue with the data” which caused the prices to show inflated as much as 1000%

NSE likely to get image makeover on its 25th anniversary, a new logo on cards: Sources

BUSINESS

NSE likely to get image makeover on its 25th anniversary, a new logo on cards: Sources

According to sources, the exchange is embarking on a re-branding exercise.

Amazon’s UPI payment service stuck over local data storage concerns

BUSINESS

Amazon’s UPI payment service stuck over local data storage concerns

The e-commerce giant is in talks with the Axis Bank to start issuing UPI handles to users of Amazon Pay.

Japan mulls giving Monday mornings off to its workers

TRENDS

Japan mulls giving Monday mornings off to its workers

The program being pushed by the Ministry of Economy is an attempt to let the workers strike the work-life balance by giving them some respite.

Power Mech Projects shares gain 4% on bagging orders worth Rs 1,385 cr

BUSINESS

Power Mech Projects shares gain 4% on bagging orders worth Rs 1,385 cr

The first order is worth Rs 872.71 crore and the second order worth Rs 512.78 crore, which both are under Sarva Siksha Abhiyan and will be completed within 24 months.

News Live: President Trump says open to new Iran deal, confirms sanctions return, says AFP

BUSINESS

News Live: President Trump says open to new Iran deal, confirms sanctions return, says AFP

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

Britannia Industries gains 1% post Q1 numbers, to consider stock split on Aug 23

BUSINESS

Britannia Industries gains 1% post Q1 numbers, to consider stock split on Aug 23

The company will consider the sub-division of equity shares of the company of face value of Rs 2 each on August 23.

Tata asked to clear $1.3-billion govt dues to close deal with Airtel: Report

BUSINESS

Tata asked to clear $1.3-billion govt dues to close deal with Airtel: Report

Tata Group and Bharti Airtel had last year made a "debt-free, cash-free" deal for Tata Teleservices.

Britannia Q1 profit rises 19% with double digit volume growth, to consider stock split on August 23

BUSINESS

Britannia Q1 profit rises 19% with double digit volume growth, to consider stock split on August 23

Britannia said the board of directors of the company will consider the sub-division of equity shares of the company of face value of Rs 2 each on August 23.

See Nifty trading in 300 points range for the next six months: Sundaram Mutual Fund

BUSINESS

See Nifty trading in 300 points range for the next six months: Sundaram Mutual Fund

S Krishnakumar of Sundaram Mutual Fund continues to believe that the market breadth will widen in the next quarter and doesn't expect significant negative newsflow in the next six months that will derail market sentiment

Buy Oracle Financial Services Software, says Shabbir Kayyumi

BUSINESS

Buy Oracle Financial Services Software, says Shabbir Kayyumi

One can buy OFSS at Rs 3970-3950 with stop loss of Rs 3750 for the target of Rs 4300-4350.

Buy Piramal Enterprises, says Shabbir Kayyumi

BUSINESS

Buy Piramal Enterprises, says Shabbir Kayyumi

Trader and investor can buy this scrip around Rs 2750-2760 with the stop loss Rs 2627 for the target of Rs 3000 and 3060 levels.

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