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Moneycontrol News

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Cabinet gives nod to bill to restore provisions of Dalit atrocity law

INDIA

Cabinet gives nod to bill to restore provisions of Dalit atrocity law

The bill to restore the original provisions of Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act will be brought in Parliament.

Notch a problem: Google bans Android phones from having more than 2 notches

WORLD

Notch a problem: Google bans Android phones from having more than 2 notches

Earlier this year, Google announced that the ninth major version of the Android operating system- Android P will have “display cutout support,” also known as notch support which will enable full-screen apps to accommodate notches

US gives India STA-1 status: Here's all you need to know about it

BUSINESS

US gives India STA-1 status: Here's all you need to know about it

The granting of STA-1 status to India comes after the US recognised India as a "Major Defence Partner" in 2016.

RBI Policy full text: MPC hikes repo rate by 25 bps to 6.50%

BUSINESS

RBI Policy full text: MPC hikes repo rate by 25 bps to 6.50%

The Reserve Bank of India on Wednesday increased its benchmark repo rate by 25 bps to 6.50 percent, and kept its policy stance unchanged at 'neutral'

RBI policy: India GDP growth retained at 7.4% in FY19

BUSINESS

RBI policy: India GDP growth retained at 7.4% in FY19

The MPC has hiked its key repo rate by 25 basis points to 6.50 percent.

RBI policy meet: Rate sensitive stocks trade lower after it hikes repo rate by 25 bps to 6.5%

BUSINESS

RBI policy meet: Rate sensitive stocks trade lower after it hikes repo rate by 25 bps to 6.5%

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to hike rates by 25 basis points to 6.5 percent .

If I wanted a safe life, I would still be in Hawaii, working for the NSA: Edward Snowden

WORLD

If I wanted a safe life, I would still be in Hawaii, working for the NSA: Edward Snowden

When he arrived in Russia, Snowden was approached by the Russian intelligence at the airport but he refused to work with them.

GST collections at Rs 96,483 crore in July, higher than June but still short of Rs 1 lakh-cr mark

INDIA

GST collections at Rs 96,483 crore in July, higher than June but still short of Rs 1 lakh-cr mark

Achieving the revenue collection target is crucial as it has a direct bearing on the fiscal deficit, which is a gap between government’s revenue and expenditure.

England vs India: The Three Lions squad that will face India in first Test

CRICKET

England vs India: The Three Lions squad that will face India in first Test

With the first of the five match Test series starting from August 1 at Edgbaston, here's a list of England's playing XI.

Emami looks for partners as it plans to enter Iran despite US sanctions: Report

BUSINESS

Emami looks for partners as it plans to enter Iran despite US sanctions: Report

The company is working towards entering Iran by the end of this year and start selling products from the first quarter of the coming fiscal year

Marico Q1 preview: Profit seen rising 10.85% YoY at Rs 261 crore on low base

BUSINESS

Marico Q1 preview: Profit seen rising 10.85% YoY at Rs 261 crore on low base

In the quarter under review, the company is seen reporting a 17.95 percent YoY rise in net sales to Rs 1,983.4 crore

Myntra acquires end-to-end ominchannel platform Pretr

BUSINESS

Myntra acquires end-to-end ominchannel platform Pretr

This acquisition will help Myntra in forging omnichannel partnerships with brands on its platform.

TVS Motor July sales jump 18% to 3.21 lakh units on growth across segments

BUSINESS

TVS Motor July sales jump 18% to 3.21 lakh units on growth across segments

Scooter sales grew by 29 percent year-on-year to 1.19 lakh units while 3-wheeler sales jumped 70 percent to 13,323 units for the month ended July.

Gateway Distriparks rises 8% as profit doubles in June quarter

BUSINESS

Gateway Distriparks rises 8% as profit doubles in June quarter

Revenue increased 4.4 percent at Rs 103.1 crore versus Rs 98.7 crore.

Bank of India falls 1% after Q1 results; Credit Suisse slashes target price by 17%

BUSINESS

Bank of India falls 1% after Q1 results; Credit Suisse slashes target price by 17%

Profit during the quarter increased to Rs 95.1 crore compared to Rs 87.7 crore in same period last fiscal

Skymet cuts 2018 monsoon estimate to 92%, says conditions not favourable

BUSINESS

Skymet cuts 2018 monsoon estimate to 92%, says conditions not favourable

The monsoon is critical to replenish 81 reservoirs necessary for power generation, irrigation and drinking.

Exide Q1 profit rises 11% to Rs 210 cr; lead cost, rupee depreciation dent margin

BUSINESS

Exide Q1 profit rises 11% to Rs 210 cr; lead cost, rupee depreciation dent margin

EBITDA margin contracted 140 basis points to 14.1 percent for quarter ended June, impacted by higher lead costs coupled with currency depreciation.

Soon, babus in Tamil Nadu will get texts about pay, promotion, transfer and more: Report

BUSINESS

Soon, babus in Tamil Nadu will get texts about pay, promotion, transfer and more: Report

The project will include pay details of employees, promotion, transfer, leave and other service details which will get updated online.

Closing Bell: Sensex snaps 4-day rally, Nifty manages to hold 11,300; autos hit

BUSINESS

Closing Bell: Sensex snaps 4-day rally, Nifty manages to hold 11,300; autos hit

The Sensex ended down by 84.96 points or 0.23% at 37521.62, while the Nifty ended lower by 10.30 points or 0.09% at 11346.20.

Genus Power rises 6% on order win worth Rs 650 crore

BUSINESS

Genus Power rises 6% on order win worth Rs 650 crore

The company received an LOI for supply of 5 million single phase prepaid meter with box on back to back arrangement for supply to EESL.

RBI Monetary Policy Highlights: Aim is to maintain 4% CPI inflation on a durable basis, says Urjit Patel

BUSINESS

RBI Monetary Policy Highlights: Aim is to maintain 4% CPI inflation on a durable basis, says Urjit Patel

The Monetary Policy Committee, headed by RBI governor Urjit Patel, raised repo rates by 25 bps to 6.5 percent

Sex abuse at Muzaffarpur shelter: Bihar govt bankrolling main accused’s ‘60,000-readership’ newspaper?

INDIA

Sex abuse at Muzaffarpur shelter: Bihar govt bankrolling main accused’s ‘60,000-readership’ newspaper?

Brajesh Thakur was arrested after 34 girls, in a shelter home run by his NGO, were sexually abused. His newspaper operated from the same building as the shelter home

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

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