BUSINESS
ITC Preview: Q1 net profit seen rising 9% YoY, cigarette volumes down
The rise in the company's bottom line is expected to be driven by growth in the its non-cigarette businesses on the back of a favourable base
INDIA
Rozgar Melas: 'Failed' attempt by Punjab government to attract unemployed youth
On June 8, the event ended up with only one candidate showing up against 5,000 job offers.
INDIA
SCERT proposes QR codes for science video content of classes XI, X
SCERT had earlier decided to use QR codes for videos for science activities of classes III to V, and environment science books of classes VI to VIII.
INDIA
Arguing with a police officer in Goa could now get you charged with 'obstruction'
Chief Minister Manohar Parrikar has granted extra powers to the police and said that the move is intended to improve road safety
TRENDS
Yogi Adityanath becomes the first CM to visit all 75 districts of UP in 16 months
A senior official, though said that records of visits by previous chief ministers of UP were not available, and the number of districts in UP was increased to 75 in 2011.
BUSINESS
SBI hopes to recover 50% assets from RBI’s first NPA list
SBI chairman Rajnish Kumar expects the recoveries to be in the range of 30-35 percent in the case of the 28 bad accounts that were subsequently identified by the RBI for resolution
TRENDS
Peace activists relieved over Raza Khan’s safe return after 7 months
Khan who went missing on December 2, 2017, is yet to share any information on his captivity and return.
POLITICS
Coming soon: A short film ‘Chalo Jeete Hain’, inspired by PM Narendra Modi’s childhood
The 32-minute film is about a boy, called Narendra or Naru, in post-independence Vadnagar
BUSINESS
OBC narrows Q1 loss at Rs 393 cr; other income, operating profit fall sharply; NPA rises
Asset quality weakened further with gross non-performing assets as a percentage of gross advances rising to 17.89 percent in Q1FY19 against 17.63 percent in previous quarter and net NPA climbing to 10.63 percent versus 10.48 percent QoQ.
BUSINESS
NCLAT upholds Competition Commission's Rs 6.3k-crore fine on 11 cement companies
The fine was imposed by the CCI in June 2012 for reportedly violating provisions of the Competition Act 2002, and was stayed by the Competition Appellate Tribunal (compat) in 2013
INDIA
Kerala state police's Facebook page gains traction, third largest such account globally by follower count
Kerala state police are gaining attention with their Facebook page. They have started created amusing memes about the current affairs and socially relevant issues
TRENDS
Dhoni highest taxpayer in Bihar and Jharkhand with Rs 12.17 crore filed as ITR
The 37-year-old cricketer's tax has seen a rise from Rs 10.93 crore paid in 2016-17 fiscal.
BUSINESS
D-Street Buzz: Hexaware down 9%, metal gains 1%; 87 stocks hit fresh 52-week low
Top gainers on the Nifty includes, Indiabulls Housing, Vedanta, Bajaj Finserv, Adani Ports and Yes Bank.
BUSINESS
Auto fares in Delhi may get hiked; experts suggest it is a bad move
According to the new changes, the auto drivers will be allowed to charge Rs 25 for the first kilometre followed by Rs 10 for each kilometre thereafter
BUSINESS
BHEL Q1 profit jumps 93% to Rs 156 cr on strong operational performance
Profit for the quarter stood at Rs 155.58 crore, which increased from Rs 80.82 crore in corresponding period last fiscal.
INDIA
Rajasthani sculptors roped in to restore CSMT at a cost of Rs 40 crore
Key sculptor Maan Singh says that they are “using the original stone, carbon stone from Porbander, and replicating the work in the exact way it was originally built”
BUSINESS
Bharti Infratel stock gains nearly 2% after exchanges clear proposed merger with Indus Towers
'no adverse observation' letter has been received from the Stock Exchange for the proposed merger of Bharti Infratel and Indus Towers.
BUSINESS
Asian Paints falls 3% even as Q1 profit rises 30%; top brokerages hike target price
The firm started off the financial year 2018-19 with 30 percent profit growth in June quarter, backed by operational performance and product price hike. The growth was also due to low base in the previous year.
BUSINESS
TTK Prestige Q1 profit falls 73% to Rs 36 cr, operational numbers strong
Revenue from operations for the quarter stood at Rs 418.9 crore, which increased 17.2 percent compared to Rs 357.5 crore in corresponding period last fiscal.
BUSINESS
Hexaware down 9% post Q2 nos; Macquarie downgrades to neutral, raises target price
Credit Suisse has maintained underperform rating on Hexaware and raised target to Rs 380 from Rs 360 per share.
BUSINESS
AIDS-related deaths in India declined 56.8% between 2010 and 2017: UN
New HIV infections in the country fell from 1.2 lakh in 2010 to 88,000 in 2017. AIDS-related deaths fell from 1.6 lakh to 69,000 in the same period
WORLD
Changing your display name to Elon Musk will now get you locked out of Twitter
Twitter has put the system in place to challenge the rising number of cryptocurrency scams going around the platform
INDIA
Push for stricter law: Goa police wants 7-day jail without bail for drunk drivers
The Motor Vehicles (Amendment) Bill has been introduced in Rajya Sabha with certain changes to be included in the Motor Vehicles Act, 1988
BUSINESS
'See single-digit returns from market by end of this year; Good time to look at midcaps'
Ratnesh Kumar of BOB Capital said the valuation froth had been built up in the financial services space, which has cooled off a bit now.
