INDIA
Indian chess champion says no to headscarf, pulls out of Iran event
The Asian Team Chess Championship is scheduled to be held at Hamadan in Iran from July 26 to August 4
BUSINESS
Buy NIIT, target Rs 120: Shitij Gandhi
One can accumulate the stock in the range of Rs 105-107 levels for the upside target of Rs 120 levels with a stop loss below Rs 97, says Shitij Gandhi of SMC Global.
BUSINESS
Buy Quess Corp: Shitij Gandhi
Traders can accumulate the stock in a range of Rs 1,250-1,270 for the upside target of Rs 1,415 with a stop loss below Rs 1,150, says Shitij Gandhi of SMC Global.
BUSINESS
FIFA World Cup 2018: Is the quadrennial event one of the last strongholds for TV?
According to FIFA, the 2014 World Cup in Brazil reached a global TV audience of 3.2 billion people, with the final between Germany and Argentina alone attracting more than 1 billion viewers
BUSINESS
55 mn Indians slip into poverty in a year on rising medical expenses: Study
Around 38 million of Indians fell below the poverty line due to spending on medicines.
BUSINESS
Easy on pocket co-working spaces becoming hot sell amongst millennials
Millennials drive demand for flexible workspaces that are seen as places for collaboration, networking and innovation
BUSINESS
Tesla to fire over 3000 employees, Elon Musk confirms move via tweet
In the months leading up to the announcement, Musk pledged that Tesla will become profitable by the third quarter of this year
BUSINESS
Accumulate VIP Industries, target Rs 495: Shitij Gandhi
Traders can accumulate the stock in a range of Rs 440-445 for the target of Rs 495 with a stop loss below Rs 410, says Shitij Gandhi of SMC Global.
INDIA
Bhaiyyu Maharaj’s death: Netas grieve, Congress demands CBI probe
Bhaiyyu Maharaj had become famous when the Congress sent him to break social activist and anti-corruption crusader Anna Hazare’s fast during the ‘India against Corruption’ movement in 2011
INDIA
Debit card transactions at POS hit demonetisation levels in April 2018
In April, a few states had reported that ATMs had low cash reserves, creating a cash crunch
POLITICS
Karnataka Polls 2018: Congress scores another victory, wins Jayanagar by 4,000 votes
Polls were deferred in Jayanagar in south Bengaluru because of the death of BJP candidate BN Vijayakumar
BUSINESS
Gold may decline to $1,280-1,260 in the short term
Copper may decline to Rs 480-475 per kg this week and nickel could make another attempt to breach its support at Rs 1,015 per kg, says Sam Nair of Stewart & Mackertich Wealth Management.
BUSINESS
Bitcoin drops below $6500, stone’s throw from 2018 low
At the time of reporting, Ethereum was trading at $496 and Ripple was exchanging hands at $0.55
BUSINESS
Centre may sell 100% stake in Air India, add real estate as part of strategic sale
In the initial PIM, the government had offered a 76 percent stake in Air India, 100 percent in Air India Express and 50 percent in Air India SATS Airport Services
BUSINESS
Ruchi Soya locked at 5% upper circuit after Adani emerges as top bidder
Patanjali will have a right to match the offer under an auction being done under so called Swiss challenge method.
BUSINESS
Page Industries, VIP Industries, Lux Industries to get astrological support: Satish Gupta
Page Industries, Roopa Industries, VIP Industries, Dollar Industries and Lux Industries will get astrological support, says Satish Gupta of astrostocktips.
INDIA
Fitness Challenge: Kumaraswamy thanks PM Modi; says more concerned about Karnataka’s fitness
The recently appointed Chief Minister of Karnataka was invited by PM Modi to take up the Fitness Challenge.
BUSINESS
US approves Apache chopper sale worth $930 million to India
Pentagon notifies Congress about USD 930 million Apache helicopter deal, says it would strengthen India's ability to defend its homeland
BUSINESS
NDMC may set Taj Mansingh auction date within a month, tender unchanged: Report
Tata Group's Indian Hotels Company Ltd (IHCL) had emerged as the only bidder for the property last week
BUSINESS
Buy Trident, target Rs 65: Abhishek Mondal
Traders can buy the stock on dips and around Rs 58-59 with a stop loss below Rs 55 for a target of Rs 65.50, says Abhishek Mondal of Guiness Securities.
BUSINESS
Portfolio check: ICICI Prudential AMC is betting on this mega trend
Midcaps are relatively overvalued than largecaps and what really worked for broader market in the past 2-3 years was fall in commodity prices as well as crude oil prices. But, the trend is fast emerging and is slowly shifting towards largecaps.
BUSINESS
From 10,000 to 1.45 lakh footfalls in 2 years: Coal mines become major tourist attractions in Maharashtra
Inspired by the success of the Nagpur circuit, WCL has started a similar venture at Rajur.
BUSINESS
Stock Picks of the Day: 3 buy ideas that could return 12-14%
“See strong support for the Nifty at 10,750, 10,700 and 10,650 levels,” says Shitij Gandhi of SMC Global Securities
TECHNOLOGY
Mouse movements to storage space — All the data that Facebook sucks up to track users
The revelations follow CEO Mark Zuckerberg’s testimony in US Congress in April in the wake of Cambridge Analytica scandal
