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.
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.
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
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.
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.
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
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.
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%
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
BUSINESS
First cryptocurrency company listed on London Stock Exchange raises Rs 224 crore
A total of 156,250,000 ordinary shares were placed at 16 pence per share, valuing Argo at a market capitalisation of 47 million pound
BUSINESS
Buy United Spirits, target Rs 735: Shabbir Kayyumi
As of now, point of polarity is giving cues to accumulate this stock at lower levels.
WORLD
Xiaomi launches Qin feature phone that is AI and 4G enabled
The company says it raised more than Rs 1 crore in the first hour of its crowdfunding campaign
BUSINESS
Buy Reliance Capital with a target of Rs 460, says Shabbir Kayyumi
One can buy this scrip from the bottom line of Flag mast which comes around Rs 405-410 levels with the stop loss of Rs 373 for the target of Rs 450 and Rs 470 levels.
BUSINESS
Buy Aurobindo Pharma with 20% upside: Shabbir Kayyumi
After retracing towards its foot, it bounced back on upside and now it is going to form Inverted H&S on weekly chart which is showing strength in coming sessions.
