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Dish TV up 1%; reports Q1 profit at Rs 27.9cr, CLSA retains buy with target of Rs 100

BUSINESS

Dish TV up 1%; reports Q1 profit at Rs 27.9cr, CLSA retains buy with target of Rs 100

According to CLSA, a positive ARPU surprise led by price hike. The merger synergy from Videocon d2h to boost EBITDA and it forecast a 10% EBITDA CAGR over FY19-21.

Flying cheap: IndiGo offers discounts on 12 lakh seats for 4 days

BUSINESS

Flying cheap: IndiGo offers discounts on 12 lakh seats for 4 days

The offer will be valid for flight bookings made through all channels during the offer period.

Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term

BUSINESS

Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term

Mitessh Thakkar of mitesshthakkar.com recommends buying Exide Industries with a stop loss of Rs 264.9 and target of Rs 280, RBL Bank with a stop loss of Rs 570 and target of Rs 600 and HCL Tech with a stop loss of Rs 949 and target of Rs 985.

Indian rupee opens flat at 68.72 per dollar

BUSINESS

Indian rupee opens flat at 68.72 per dollar

Utilise downsides in USD-INR to initiate long positions, says ICICIdirect.

Markets@Moneycontrol: Nifty likely to open higher; top 3 stocks which could give 6-13% return

BUSINESS

Markets@Moneycontrol: Nifty likely to open higher; top 3 stocks which could give 6-13% return

The Nifty50 is likely to open higher on Tuesday tracking positive trend seen in other Asian markets. The index closed 80 points higher at 10,852 on Monday.

Podcast | Stock Picks of the Day: Top 3 stocks that could offer 6-13% return

BUSINESS

Podcast | Stock Picks of the Day: Top 3 stocks that could offer 6-13% return

By closing above the 26,600 mark, the Bank Nifty has given a bullish breakout on Monday from the downward sloping trend line, adjoining the high of May 31 and June 22. The next resistance is placed around 27,050 levels.

Buy or sell: Top stock trading ideas by market experts which are good short term bets

BUSINESS

Buy or sell: Top stock trading ideas by market experts which are good short term bets

Rajesh Agarwal of AUM Capital recommends buying HCL Technologies with stop loss at Rs 940 and target of Rs 984, Mahanagar Gas with stop loss at Rs 817 and target of Rs 855 and Hexaware Technologies with stop loss at Rs 501 and target of Rs 525.

News highlights: RBI remains net seller of US dollar in May; sells USD 5.7 billion

BUSINESS

News highlights: RBI remains net seller of US dollar in May; sells USD 5.7 billion

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

Stocks in the news: HCL Technologies, TCS, IndusInd Bank, Dish TV, SRF, Capital First

BUSINESS

Stocks in the news: HCL Technologies, TCS, IndusInd Bank, Dish TV, SRF, Capital First

HCL Technologies | TCS | IndusInd Bank | Dish TV and HDFC Bank are stocks, which are in news today

Podcast | A morning walk down Dalal Street: Nifty needs to hold 10,800 for further upside

BUSINESS

Podcast | A morning walk down Dalal Street: Nifty needs to hold 10,800 for further upside

For bulls to remain in control the Nifty should hold on to 10,800 levels on closing basis. The index needs to hold 10,800 levels in coming sessions for further upside, but if it breaks then there could be selling pressure, experts said.

Punjab govt's offer: Make your village drug-free, get Rs 5 lakh grant for sports equipment

INDIA

Punjab govt's offer: Make your village drug-free, get Rs 5 lakh grant for sports equipment

Tripat Rajinder Singh Bajwa, Punjab panchayats and rural development minister, asserted that the main supply chain line of drugs had been caught and broken

Mark Zuckerberg is now richer than Warren Buffett! Compare the wealth of the world's billionaires

BUSINESS

Mark Zuckerberg is now richer than Warren Buffett! Compare the wealth of the world's billionaires

This is the first time that the top three wealthiest persons in the world are all global technology giants.

UP government set to rename Allahabad as Prayag

INDIA

UP government set to rename Allahabad as Prayag

In 2001, then Chief Minister Rajnath Singh and Governor Vishnu Kant Shastri had also favoured the move to rename Allahabad as Prayagraj.

Govt launches Local Area Plan (LAP) and Town Plan Schemes (TPS) for 25 smart cities

REAL-ESTATE

Govt launches Local Area Plan (LAP) and Town Plan Schemes (TPS) for 25 smart cities

The 25 cities will be selected on a pilot basis for fast resolution of area based infrastructure issues

Karnataka Dy CM: Don't stop ambulances for VIP convoys

INDIA

Karnataka Dy CM: Don't stop ambulances for VIP convoys

Parmeshwar has ordered that ambulances should be treated with immediate urgency.

Swiggy fails to deliver orders due to a tech glitch

BUSINESS

Swiggy fails to deliver orders due to a tech glitch

Online food delivery giant Swiggy was unable to service large number of deliveries across Bengaluru, Hyderabad, Mumbai and Delhi on Sunday due to a technical glitch.

Sachin quit Flipkart as we wanted to do different things: Binny Bansal

INDIA

Sachin quit Flipkart as we wanted to do different things: Binny Bansal

Walmart acquired Flipkart for $16 billion in May 2018

Apple Music narrows Spotify’s lead in US music market

BUSINESS

Apple Music narrows Spotify’s lead in US music market

While Spotify still leads overall, Apple Music has taken a lead in the number of subscribers in the world's largest music streaming market — the United States.

Railways' futuristic T-20 trains to be maintained in suburban Mumbai: Report

INDIA

Railways' futuristic T-20 trains to be maintained in suburban Mumbai: Report

The trains are likely to operate between Mumbai and New Delhi and replace Rajdhani and Shatabdi

Restaurant ordered to pay Rs 5 lakh after car gets stolen from valet parking

TRENDS

Restaurant ordered to pay Rs 5 lakh after car gets stolen from valet parking

According to commission's observation, the hotel failed to provide basic security.

It’s a blue line Metro ride for PM, South Korean prez to Samsung's new facility in Noida

BUSINESS

It’s a blue line Metro ride for PM, South Korean prez to Samsung's new facility in Noida

The two leaders boarded the Metro train at Mandi House Metro station and travelled up to Botanical Garden Metro station

Rs 41,000 crore worth of transactions were done through BHIM app in June: PM Modi

INDIA

Rs 41,000 crore worth of transactions were done through BHIM app in June: PM Modi

BHIM, a mobile app developed by the National Payments Corporation of India (NPCI), was launched by the Prime Minister in December 2016

Airbus to design Mars rover that will collect, return soil samples

WORLD

Airbus to design Mars rover that will collect, return soil samples

Airbus was awarded the $5.2 million contract by the European Space Agency (ESA) to design a concept for a rover that can collect the samples on Mars.

New iPhones may come with USB Type-C charging cables similar to Android

BUSINESS

New iPhones may come with USB Type-C charging cables similar to Android

Current iPhone models such as iPhone 8, iPhone 8 Plus and iPhone X also support Type-C port, but through additional accessories.

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