BUSINESS
Buy M&M Financial Services, target Rs 544: Akash Jain
The company's Q4FY18 consolidated net profit rose 79.4 percent at Rs 513.1 crore against Rs 286 crore, in the same quarter last year, says Akash Jain of Ajcon Global.
BUSINESS
Buy Mahindra and Mahindra with a targe of Rs 1,049: Akash Jain
With the forecast of an upcoming normal monsoon the company is confident of good growth in the coming months, says Akash Jain of Ajcon Global
POLITICS
Kumaraswamy asks officials to cut down expenses after announcing farm loan waiver
The move comes after the Congress-JD(S) coalition government announced a farm loan waiver last week
BUSINESS
The rise continues: Jet fuel prices hiked for the 11th month in a row
As on date, Jet fuel costs Rs 70, 028 per kilolitre (Delhi) – over 34% more than the average price last year.
INDIA
Fuel price today: Check latest petrol, diesel prices after a dip for sixth consecutive day
Fuel prices were hiked for 16 consecutive days, which led to petrol and diesel prices touching highest levels in India
BUSINESS
Ambit Cap’s Pramod Gubbi says downside in largecaps possible; likes consumption names
For investors in the current market, he said that it would be prudent to have a systematic approach with investing rather than timing the market.
BUSINESS
Walmart India plans new "dark store" to boost kirana stores programme: Report
The new fulfillment centre will most likely be opened in Lucknow over the next month
BUSINESS
NCC, Nestle, ADF Foods, HUL, Colgate to get astrological support: Satish Gupta
NCC, Nestle, ADF Foods, HUL, Colgate will get astrological support, says Satish Gupta of astrostocktips.
TRENDS
'Can I have a ticket please?': Sania Mirza joins Tendulkar, Kohli in support of Chhetri's plea to football fans
Sunil Chettri, also the third highest goal scorer in international football, took to social media, saying "To all of you, who have lost hope or don’t have any hope for Indian football, we request you to come and watch us at the stadium. Abuse but make us feel relevant."
BUSINESS
ICICI Bank board begins hunt for new chairman: Report
Veteran banker and former Bank of Baroda chairman and managing director, MD Mallya, is the frontrunner to succeed MK Sharma
INDIA
Thousand-year-old idols worth Rs 150 crore stolen from TN temple found in Gujarat museum
The said 1000-year-old bronze idols had gone missing from Brihadesswarar Temple at Thanjavur, Tamil Nadu more than five decades ago.
BUSINESS
Dilip Buildcon rises 3% on LoA from NHAI worth Rs 1,314 cr
The company has received letter of award worth of Rs 1313.90 for a new hybrid annuity project in the state of Karnataka.
BUSINESS
Government is considering merger of 4 public sector banks: Report
If the plan goes through, the merged entity will become the second-largest bank in the country after State Bank of India, with combined assets of Rs 16.58 lakh crore
BUSINESS
Buy Tata Motors, target Rs 495; expect JLR volumes to increase by 9% in 2018-19: Nomura
The reserach firm expect 9 percent growth in overall JLR volumes in 2018-19.
INDIA
Scientific study will be done to determine colour of Taj Mahal: Centre
“First it was yellow and now it is becoming brown and green,” an SC bench had observed last month
BUSINESS
Nifty to consolidate in 10,680-10,780 range today; Buy BPCL for the short term
The Nifty will now consolidate in the price band of 10,680-10,780 before the next leg of upmove towards 10,840 levels, says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management.
BUSINESS
Cadila Healthcare rises 1% on USFDA approval for Doxycycline Hyclate capsules
Doxycycline Hyclate capsules will be manufactured at the group's manufacturing facility at SEZ, Ahmedabad.
BUSINESS
Dr Reddy's Laboratories gains 3.5% on zero USFDA observations for Srikakulam plant
The API SEZ plant is a fully automated new generation plant catering to the US market.
BUSINESS
HUL plans a desi breakfast menu with khichdi, upma
HUL's new breakfast products will compete with MTR, Kellogg's, PepsiCo and Marico
BUSINESS
Falling share of BHIM prompts PM to ask all ministries, states to increase transactions on app
The decision comes after share of the BHIM app fell among payment platforms based on the United Payment Interface
BUSINESS
Mcleod Russel gains 4% on buyback approval
The board of directors of the company approved the buyback of its fully paid-up equity shares having face value of Rs 5 each for a price not exceeding Rs 210 per equity share from the shareholders of the company.
BUSINESS
Softening crude prices push up aviation stocks even as ATF prices in India get hiked
InterGlobe Aviation, SpiceJet and Jet Airways were all trading around 2 percent higher
BUSINESS
Closing Bell: Sensex down over 200 pts, Nifty ends below 10,650; banks drag
Asian stocks traded higher, tracking upside in US markets post better-than-expected US jobs report.
BUSINESS
Indian rupee opens higher by 10 paise at 66.96 per dollar
For the day, expected to quote in the range of 66.90 and 67.35, says Motilal Oswal.
