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Moneycontrol News

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Moneycontrol News

Maruti Suzuki to increase prices across various models in August

BUSINESS

Maruti Suzuki to increase prices across various models in August

Country's largest car manufacturer Maruti Suzuki India has decided to increase prices across various models in August, citing rising commodity costs.

Ripple partners with pop star Madonna's non-profit to raise funds for orphans in Malawi

BUSINESS

Ripple partners with pop star Madonna's non-profit to raise funds for orphans in Malawi

Ripple, a cryptocurrency payment service, will match will match all public donations in support of the cause received from Facebook Donations page for the non-profit Raising Malawi

IIFL Mutual Fund ropes in DSP BlackRock MF's Anup Maheshwari as joint CEO, CIO

BUSINESS

IIFL Mutual Fund ropes in DSP BlackRock MF's Anup Maheshwari as joint CEO, CIO

Prior to joining IIFL Mutual Fund, Maheshwari was with DSP BlackRock Investment Managers as chief investment officer (equities) since July 1997.

'Nifty to hit 11,500-11,600; focus shifts to midcap, small cap recovery'

BUSINESS

'Nifty to hit 11,500-11,600; focus shifts to midcap, small cap recovery'

With the Q1FY19 result season being the strongest so far of last six quarters (as a recovery and growth are seen across sectors), it seems to cement the hopes of a more broader based recovery.

Mahindra & Mahindra July auto sales rise 13%; tractor growth at 13% but exports fall 4%

BUSINESS

Mahindra & Mahindra July auto sales rise 13%; tractor growth at 13% but exports fall 4%

M&M's commercial vehicle sales grew by 28 percent year-on-year to 19,284 units and three-wheeler sales increased 47 percent to 5,540 units in Q1.

Unichem Laboratories slips 3% on USFDA observations for Pithampur unit

BUSINESS

Unichem Laboratories slips 3% on USFDA observations for Pithampur unit

The company's API manufacturing facility at Pithampur, Madhya Pradesh was inspected by USFDA from July 23 to 27, 2018.

Korean police investigating $53 million ICO token scam based on a gold-rich shipwreck

BUSINESS

Korean police investigating $53 million ICO token scam based on a gold-rich shipwreck

Despite the lack of evidence, the group attracted over 60 billion won ($53 million) in investments from around 100,000 people

NASA’s planet-hunting satellite starts stalking stars for new planets

WORLD

NASA’s planet-hunting satellite starts stalking stars for new planets

TESS will continuously click pictures of nearby stars and transmit those images to Earth every 13.7 days

Do you drop your phone often? Phone screen maker Corning set to launch Gorilla Glass 6 that can survive 15 drops

WORLD

Do you drop your phone often? Phone screen maker Corning set to launch Gorilla Glass 6 that can survive 15 drops

Corning, which has implemented gorilla glass in more than six billion devices across 45 major brands has already handed out their latest offering to multiple consumers for evaluation

Good news! Your take-home salary may go up if the government gets its way

BUSINESS

Good news! Your take-home salary may go up if the government gets its way

The recommendation, if passed and applied, could help boost employees' take-home salary — but at the cost of their savings

Bears on a roll at cryptostreet as bitcoin tumbles by over $600

BUSINESS

Bears on a roll at cryptostreet as bitcoin tumbles by over $600

Bitcoin, during its fall, broke the crucial support price of $7,800 at around 1700 UTC and proceeded towards a free fall

Amazon, Walmart may seek US help on India's e-commerce policy

BUSINESS

Amazon, Walmart may seek US help on India's e-commerce policy

Industry experts say an implementation of these proposals may impact India-specific investment flow from Amazon and Walmart

Emami posts healthy profit at Rs 26.5 cr in Q1 on strong operational, volume growth

BUSINESS

Emami posts healthy profit at Rs 26.5 cr in Q1 on strong operational, volume growth

Emami said cash profit grew by 45 percent and margin by 390 basis points to 18 percent for the quarter ended June YoY.

EC starts preparing for 2019 polls ahead of usual schedule: Report

BUSINESS

EC starts preparing for 2019 polls ahead of usual schedule: Report

One of the reasons for early preparedness is speculation surrounding an early election

Ashok Leyland July sales rises 27% at 15,199 units

BUSINESS

Ashok Leyland July sales rises 27% at 15,199 units

Its medium & heavy commercial vehicles (M&HCV) sales were up 22 percent at 10,996 units against 9,026 units.

Next gen Apple iPad Pro models could resemble a bigger iPhone X: Report

WORLD

Next gen Apple iPad Pro models could resemble a bigger iPhone X: Report

The devices are rumoured to come with slim bezels, no headphone jack, no home button, no Touch ID, and possibly even no landscape-mode docking

Popular game Fortnite spirals teen into debt and drug addiction, attempts suicide

TRENDS

Popular game Fortnite spirals teen into debt and drug addiction, attempts suicide

Fortnite has attracted 125 million players from across the globe, since its launch last July

RBI policy: Rate-sensitives trade mixed ahead of MPC meet outcome

BUSINESS

RBI policy: Rate-sensitives trade mixed ahead of MPC meet outcome

Sectors like banking, real estate and auto, among others, will be impacted the most from the rate hike as the cost of the products will be directly influenced due to increase in interest rate.

Ashok Leyland rises 4% on strong July sales number

BUSINESS

Ashok Leyland rises 4% on strong July sales number

The company's July 2018 total sales jumped 27 percent at 15,199 units against 11,981 units in July 2017.

Cautious on market due to high valuations, bank NPAs seem to have bottomed out: Ambit's Pramod Gubbi

BUSINESS

Cautious on market due to high valuations, bank NPAs seem to have bottomed out: Ambit's Pramod Gubbi

After such a spectacular rally, Pramod Gubbi of Ambit capital is cautious on the market as valuations are high and it is difficult to buy stocks at current level

Orient Refractories hits 52-week high on strong Q1 nos; to merge RHI India, RHI Clasil with Co

BUSINESS

Orient Refractories hits 52-week high on strong Q1 nos; to merge RHI India, RHI Clasil with Co

Board of Directors of the company approved the proposal to merge RHI India and RHI Clasil with Orient Refractories.

Maruti Suzuki July sales fall 0.6% on tepid domestic growth, weak exports

BUSINESS

Maruti Suzuki July sales fall 0.6% on tepid domestic growth, weak exports

Domestic passenger vehicle sales declined 0.6 percent to 1.52 lakh units

Dabur India gains 3% after stellar Q1 show; Morgan Stanley raises target price to Rs 500

BUSINESS

Dabur India gains 3% after stellar Q1 show; Morgan Stanley raises target price to Rs 500

The consolidated revenue was Rs 2,080.7 crore, up 16.2 percent on year in the June quarter FY19. This was helped by volume growth of about 21 percent.

Students happy, teachers defiant: Gujarat govt announces 7-day Navratri holiday for all schools

INDIA

Students happy, teachers defiant: Gujarat govt announces 7-day Navratri holiday for all schools

Chudasama declared October 10-17 to be a vacation, adding that it should not clash with any examinations

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