INDIA
Uttarakhand High Court: Animals' 'legal rights, duties and liabilities' same as that of a living person
The order further declared every Uttarakhand citizen “as the human face for the welfare and protection of animals”.
BUSINESS
IKEA to start e-commerce operations next year, may begin with Mumbai
With rapid digitalisation in India, IKEA is expecting to see its e-commerce sales in the country significantly overtake the global average of around 8-10 percent, the country chief executive has said.
BUSINESS
RIL stock gains 1.5% ahead of its 41st AGM, arm Reliance Brands buys 12.5% stake in Future101
The stock price rallied more than 7 percent in 2018 so far, on top of more than 70 percent rally seen in the last year.
BUSINESS
In letter to shareholders, Deepak Parekh details succession plans at HDFC
Hinting at Managing Director (MD) Aditya Puri’s imminent retirement in the letter, Parekh said that the secession plan would require 18-24 months of preparation.
BUSINESS
Yes Bank stock rallies 3% after SEBI approves launch of its mutual fund business
The approval to launch MF business is subsequent to the Reserve Bank of India’s approval granted to the bank to sponsor a mutual fund followed by SEBI's in-principle approval received subsequently.
BUSINESS
Biocon shares gain nearly 2% on EU GMP certification for Bengaluru facility
Bangalore facility is used for the manufacture of portfolio of biosimilars.
BUSINESS
Delhi to use only cleaner fuels as govt bans petcoke, furnace oil and tyre oil
Only Bharat Stage VI compliant petrol and diesel with 10 ppm sulphur, CNG, LPG, biogas, aviation fuel, charcoal for limited use in tandoors and ironing of clothes, and wood for cremation will be allowed.
BUSINESS
Force Motors gains 4% post June sales data
Following the announcement of additional capacity for production and domestic sales and exports the stock price sees an upward rise
BUSINESS
Future Lifestyle to buy 30% stake in fashion e-tailer Koovs: Report
The stake will be purchased by the group's subsidiary Future Lifestyle Fashion for about Rs 140 crore
BUSINESS
Tata Motors stock down 5% on likely 1.2 bn pound JLR loss due to Brexit, but Nomura sees 89% upside
Nomura has maintained Buy call on Tata Motors with a target price of Rs 495, implying a 85 percent potential upside.
BUSINESS
I-T department recovers record Rs 1 lakh crore in FY18: Report
In a first, the tax department resorted to a number of coercive measures such as selling of assets, which resulted in 33 percent growth in arrears and tax recovery.
BUSINESS
Va Tech Wabag rises 3%, to consider fund raising on July 9
A meeting of the board of directors of the company is scheduled to be held on July 9, 2018, to consider and approve the fund raising proposal.
BUSINESS
Shriram Transport Finance stock up 9% post-clarification on SVL loan matter
SVL Limited, its promoters / promoter group, and its associates, have enough resources to honour the payment of this loan whenever due and payable has reassured the same.
BUSINESS
SEBI asks Chanda Kochhar to reply to show cause notice by July 10
Kochhar and the bank had missed the June 7 deadline and sought more time to respond to the notice due to lack of documentary proof that support the allegations.
BUSINESS
Buy BSE, target Rs 958: Achin Goel
Traders can accumulate the stock in the range of Rs 850-855 for the target of Rs 958 with a stop loss below Rs 812, says Achin Goel of Bonanza Portfolio.
BUSINESS
Varroc Engineering to make stock market debut on July 06
The final issue price of Varroc Engineering is fixed at higher end of price band.
BUSINESS
Seeking value buys? 2 largecaps & 1 midcap that could return 8-24% in next 3-6 months
The index has major support in the range of 10,550-10,600 and any dips towards the support area should be utilised as an incremental buying opportunit, says Dharmesh Shah of ICICIdirect.
BUSINESS
Closing Bell: Nifty ends below 10,750; RIL, Infosys negative contributors
Among the sector, pharma, banks, FMCG are holding the gains, while auto, metal, IT, infra are trading lower.
BUSINESS
Indian rupee opens lower at 68.80 per dollar
Today, USD-INR pair is expected to quote in the range of 68.50 and 69.05, said Motilal Oswal.
BUSINESS
Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term
Mitessh Thakkar of mitesshthakkar.com recommends buying Dr Reddy's Lab with a stop loss below Rs 2284 and target of Rs 2400, Repco Home above Rs 580, with stop loss of Rs 565 and target of Rs 610 and Maruti Suzuki with a stop loss of Rs 9180 and target of Rs 9300.
BUSINESS
What to expect from Reliance Industries' 41st AGM today
Media reports suggest that RIL could announce the commercial launch of its broadband venture, JioFiber service.
BUSINESS
Buy Maruti Suzuki, target Rs 9800: Achin Goel
Traders can accumulate the stock in the range of Rs 9,180-9,230 for the target of Rs 9,800 with a stop loss below Rs 8,943, says Achin Goel of Bonanza Portfolio.
BUSINESS
Buy Lupin, target Rs 1030: Achin Goel
Traders can accumulate the stock in the range of Rs 930-935 for the target of Rs.1,030 with a stop loss below Rs 894, says Achin Goel of Bonanza Portfolio.
BUSINESS
Markets@Moneycontrol: Nifty likely to open flat; top 3 stocks which could give 6-12% return
Trends on SGX Nifty indicate a flat opening for the broader index in India, a gain of 2 points or 0.02 percent. Nifty futures were trading around 10,775-level on the Singaporean Exchange.
