TRENDS
FIFA World Cup 2018: VAR not solely responsible for slowing down World Cup matches
Statistics reveal that in the first two weeks of the tournament, free kicks took the most time, averaging over 10 minutes per match
BUSINESS
MRPL gains 4% as board to consider preferential issue of shares on July 2
A meeting of the board of directors of the company has been scheduled on July 2 to recommend a proposal for preferential issue of shares.
INDIA
Sex for silence: 5 Kerala priests accused of sexually exploiting woman; crime branch to probe
The priests were allegedly blackmailing the mother-of-two using the secret confessions that she had made to them on various occasions
BUSINESS
China to cap film and entertainment professionals' pay over 'money worship and tax evasion'
This new directive comes with a harsh criticism for yin-yang contracts, stating that these practices damage not just the quality of the country’s film industry but also encourage China’s youngsters to “blindly chase stars”.
BUSINESS
Gallantt Ispat surges 5% stock split approval
The rationale behind the split is to improve the liquidity of equity shares with higher floating stocks and to make the equity shares more affordable to the investors.
BUSINESS
After stellar response to IPO, RITES shares to list on July 2
The company after consultation with book running lead managers has fixed final issue price at Rs 185 per share.
BUSINESS
China has the largest foreign currency reserves - and that is how it stabilises its currency
One of the reasons for governments to stack up on foreign currencies, such as the dollar or euro, is that these stocks can be sold to stabilise their own currency if needed
BUSINESS
Indian second-hand smartphone seller Cashify raises $12 million
The money raised will help develop an online resale site that allows people to buy a second-hand smartphone from the company directly.
BUSINESS
Fine Organic Industries to debut on bourses on July 2
The Rs 600-crore initial public offer was oversubscribed by 8.99 times during June 20-22, 2018.
BUSINESS
India Inc may see number of unicorns double this year: Report
India currently has 11 companies in the Unicorn Club, and this number could rise to 20 in 2018
BUSINESS
HSBC AMC expects earnings growth to help start another bull run
Right now, trade war fears, oil prices and a strengthening dollar have affected Indian markets
BUSINESS
Google invests over Rs 150 crore in feature phone OS maker KaiOS Technologies
The move could be a way of introducing its services to feature phone users who might eventually graduate to a smartphone
BUSINESS
Mirae Asset Mutual Fund to alter exit load structure for 5 equity schemes
For these schemes, the fund house will now levy a 1 percent exit load on redemption of units above 15 percent within one year from the date of allotment
BUSINESS
Principal Mutual Fund revises benchmark index for 3 schemes
The performance of Principal Tax Savings Fund will be benchmarked against Nifty 500 Index.
INDIA
Travelling on locals without a ticket? Soon, Mumbaikars may have to pay Rs 1,000 as fine
Around 4,300 ticketless travellers are caught on Central and Western Railway every day
BUSINESS
ICICI Bank up nearly 2% as board appoints Girish Chaturvedi non-executive part-time Chairman
ICICI Bank board of directors appointed Girish Chandra Chaturvedi as an additional (Independent) director effective July 1, 2018 for a period of 3 years.
BUSINESS
Now, you can add background music to your Instagram Stories
The company recently reached another milestone when it announced that Instagram Stories is being used by more than 400 million users each day across the world
BUSINESS
Buy Havells, CG Consumer Electrical; FY18 results suggest weakening growth: Nomura
According to Nomura, Havells stood out amid weak trends, however FY18 results suggest weakening growth.
BUSINESS
Buy JSW Steel, target Rs 348: Hadrien Mendonca
The relative strength too seems to be bouncing before hitting the oversold zone, which further accentuates our stance of a recovery in the stock, says Hadrien Mendonca of IIFL.
BUSINESS
Buy Infosys, target Rs 1386: Hadrien Mendonca
If the stock manages to sustain above the Rs 1,275 which is the breakout zone on the monthly closing basis, that would trigger a multi-year breakout for Infosys, says Hadrien Mendonca of IIFL.
BUSINESS
Buy Godrej Consumer Products, target Rs 1306: Hadrien Mendonca
The stock has also managed to sustain above its short-term averages. Every decline in such a solid up trending stock should be an opportunity to accumulate, says Hadrien Mendonca of IIFL.
BUSINESS
June F&O series: Here's a look at the biggest gainers & losers on D-Street
Over 40 of the 200 stocks in this list managed to end in the green while the rest delivered negative returns
BUSINESS
Oyo looking at Indonesia, UK and Europe markets: Report
The company recently announced its entry into the Chinese market
BUSINESS
Sugar industry asks govt to increase exports to deal with low prices
India's sugar production is estimated to jump at record 315-320 lakh tonnes in the current marketing year ending September on higher cane output.
