INDIA
Govt to launch national data portal to tap number of skilled Indians
The government is planning to launch a national data portal to tap the number of skilled people in the country following its flagship Skill India programme.
BUSINESS
Poly Medicure stock rises 12% as subsidiary acquires 82% stake in Italian company
Poly Medicure subsidiary is acquiring only infusion and vascular access business of the Italian firm.
BUSINESS
Soon, Facebook will allow group admins to charge members for exclusive content
The programme will be rolled out on a pilot basis and will be limited to parenting, cooking and home cleaning private groups initially
BUSINESS
Centre scraps cash incentives for private EVs
To justify their policy, the Centre has decided to provide cash subsidies to electric cars used by shared-mobility operators like Ola and Uber since “the vehicles will run much more than private cars”
BUSINESS
IRCTC all set to launch own payment aggregator iPay in August
The IRCTC iPay provides all payment options such as credit card, debit card, international card, auto debit, UPI, wallets etc
BUSINESS
Buy Bata India, target Rs 909: Hadrien Mendonca
We expect Bata to extend the momentum and make an attempt to move towards its potential target of Rs 909 in the medium term, says Hadrien Mendonca of IIFL.
BUSINESS
Buy M&M Financial Services, target Rs 535: Hadrien Mendonca
We expect, M&M Finance to move higher towards its potential target of Rs 535 which translates into a 9 percent returns, says Hadrien Mendonca of IIFL.
BUSINESS
In bid for expansion, Pepperfry eyes to double its offline studios by March 2019
The home and furniture products marketplace expects its house brands to drive business
BUSINESS
Buy Glenmark Pharma, target Rs 652: Hadrien Mendonca
We expect the stock to move higher and every long position should be protected with a stop loss below Rs 579 on a closing basis, says Hadrien Mendonca of IIFL.
BUSINESS
United Breweries, GM Breweries, United Spirits, Globus Spirits to get astrological support: Satish Gupta
United Breweries, GM Breweries, United Spirits and Globus Spirits will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
Motilal Oswal initiates Buy on ICICI Prudential Life, sees 23% upside on strong profitability hope
Motilal Oswal expects ICICI Prudential margins to improve further to 18.2 percent by FY20E, boosting average operating RoEV to around 20 percent over FY18-20E.
BUSINESS
Fine Organics IPO subscribed over 8.5 times on Day 3 of issue
The issue received bids for 4.68 lakh shares against the issue size of 53.65 lakh crore shares, as of 4:45 PM on June 22, 2018.
BUSINESS
World hunger on the rise due to conflict, climate change; undernourished population up by 38mn: UN report
Number of hungry people in the world has risen for the first time in more than a decade,
BUSINESS
Thank God! India among top EMs that show no signs of major financial stress
On a nation-specific basis, Hong Kong tops the chart with around 52 signals in the past 12 quarters, while India, Korea, Hungary, and Poland were among the few nations that showed no signs of risk.
TRENDS
FIFA World Cup 2018: Here's how Argentina can still qualify after Croatia loss
As the table stands, Croatia leads Group D with six points from two games while Argentina has only managed one point from as many games. Nigeria and Iceland, who face off on June 22, have zero and one points respectively
BUSINESS
IDBI Bank stock rallies 5% on reports LIC may acquire significant minority stake
The insurance company will present the discussion for IDBI stake buy to board if okayed by the Investment & Strategy Committee.
INDIA
Aged 40 years plus? You may be eligible for Joint Secretary post in Modi govt. Here's how to apply
The government has launched an unconventional recruitment drive to hire "talented and motivated" Indians aged over 40 as joint secretaries. If you fulfil the criteria, here is how to apply for the job:
INDIA
One man's vulgarity is another man's lyric: Kerala HC refuses to declare magazine cover with breastfeeding woman as 'obscene'
"We looked at the picture with the same eyes we look at the paintings of artists like Raja Ravi Varma. As beauty lies in the beholder’s eye, so does obscenity, perhaps," the court said in its judgment
BUSINESS
Hotel Leela Venture stock loses 6% on default of quarterly interest payment
Total interest outstanding as on date is Rs 12.14 crore, and principal redemption amount outstanding as on date is Rs 45 crore, Hotel Leela said.
BUSINESS
What is the NSE co-location case?
Markets regulator SEBI has initiated enforcement actions against various entities in the NSE co-location case on June 21
BUSINESS
Podcast | Deep Dive – All you need to know about RBI's rates decisions
Repo rate is the rate at which the Reserve Bank lends money to commercial banks when there is a shortage of funds
BUSINESS
Saurabh Mukherjea suggests moving away from midcaps to derisk your portfolio
The other way to look at this approach would be to look at high quality companies and the ones with good track record revenue growth.
BUSINESS
Buy Colgate Palmolive, target Rs 1260: Aditya Agarwal
We recommend traders to add this stock in a range of Rs 1,170 to Rs 1,160 with a price target of Rs 1,260 and a stop loss placed at Rs 1,125, says Aditya Agarwal of Way2Wealth Brokers.
BUSINESS
Short Jindal Steel & Power, target Rs 205: Aditya Agarwal
We advise traders to short this counter at the current level of Rs 225 with a price target of Rs 205, says Aditya Agarwal of Way2Wealth Brokers.
