BUSINESS
CBDT draws plan to clear pending high-level tax disputes by December end: Report
The pending tax disputes involve an income tax demand of Rs 50 crore or more and as many as 841 such cases were pending as on April 1 this year
BUSINESS
Correction in commodities: 11 stocks that could gain the most
Commodity prices rallied sharply between February and May 2018, which was beneficial to companies which are directly linked with like metals and select oil stocks, but falling prices is generally good for companies which use these commodities as their raw material.
BUSINESS
Closing Bell: Sensex ends over 140 pts higher, Nifty manages to hold 11K; midcaps outperform
The Sensex is up 145.14 points or 0.40% at 36496.37, while the Nifty is up 53.10 points or 0.48% at 11010.20.
BUSINESS
RBL Bank gains 4% post June quarter results; Citi maintains neutral rating
The private sector lender started the year on a strong note as profit grew by 34.8 percent in June quarter with stable asset quality but provisions increased sharply.
BUSINESS
HDFC Life Insurance Q1 net profit rises 20.2% YoY to Rs 380 crore
The company's total premium income came in at Rs 5,060 crore for the quarter under review, 37 percent higher than in the June quarter last year
BUSINESS
'Govt managed to get cash of all colours except black': Twitter reacts as new Rs 100 note is announced
The banknotes will be smaller than the current Rs 100 notes and have a motif of UNESCO heritage site Rani ki Vav at the back
WORLD
British intelligence using children as spies in covert operations
However, the parliamentary review committee has enlisted its concerns against the practice
BUSINESS
D-Street Buzz: IT stocks gain on weak rupee; Infosys up over 3%
The rupee hit a fresh record low against the US Dollar at Rs 69.12/USD, as foreign funds continued to stream out of emerging markets on expectations of higher U.S. interest rates and tracking weakness in the yuan.
BUSINESS
Broader market's cup of woes could spill over due to tightening liquidity, warns Saurabh Mukherjea
Going forward, a key driver which will drive markets will be liquidity. Liquidity not just globally but in India as well liquidity is getting tighter, highlights Mukherjea.
BUSINESS
Nifty flirts with 11K but over 270 stocks on the NSE hit a fresh 52-week low
In the BSE 500 index as many as 20 stocks hit a fresh 52-week low
WORLD
Two Indian-origin candidates in the running to challenge Pakistan-origin Sadiq Khan for London Mayor's post in 2020
Two-Indian origin is in the race of becoming the London Mayor in 2020 and will be competing against Labour's Pakistan-origin Sadiq Khan.
BUSINESS
HDFC Bank Q1 Preview: PAT seen rising 23% on stable asset quality, interest income
Brokerages have said the bank's NII will likely rise 15-20 percent, and that it could also report a higher other-income number
BUSINESS
Bajaj Finance soars 7% post strong Q1 show; Citi sees 22% upside on stock
The company reported 83 percent rise in its standalone net profit for the June quarter to Rs 833.7 crore, higher than what analysts had estimated, as it earned more in interest income and its asset quality remained stable.
BUSINESS
Producers unhappy with Release Regulation Committee, seek to be decision-makers for film releases
Producers are of the opinion that the Release Regulation Committee should be restricted to playing an advisory role.
BUSINESS
Hindalco's shares fall 2%; Macquarie retains outperform rating
The stock touched an intraday high of Rs 204.00 and an intraday low of Rs 193.80.
POLITICS
TDP's Jayadev Galla, chief of Amara Raja Batteries, charges through trust vote debate: Here's what he said
Galla, an MP from Guntur in Andhra Pradesh, raised the issue of division of his home state in 2014, terming it 'undemocratic and unscientific'
TECHNOLOGY
Bajaj Auto reports 20.7% rise in Q1 standalone net profit to Rs 1,115 crore, misses estimates
The Pune-based bike maker's total income came in at Rs 7,823.70 crore , nearly 24 percent higher than in the same quarter last year
POLITICS
Who is Jayadev Galla? The man who moved the no-confidence motion against Modi government
Galla is one of the wealthiest elected members of the parliament with declared assets worth over Rs 683 crore
BUSINESS
TCNS Clothing IPO subscribed over 3 times on final day so far
The IPO, to raise Rs 1,125-crore, received bids for 3.51 crore shares against the total issue size of 1.09 crore shares, data available with the NSE as of 3 pm showed.
POLITICS
Congress faces eviction from Allahabad property for non-payment of Rs 35 monthly rent
Located in the congested Chowk locality in Allahabad, the office was once a hotspot for activities during the freedom struggle. Several leaders such as PD Tandon, Kamla Nehru and Indira Gandhi have conducted meetings in the 3,000-square-feet property
WORLD
They have taken advantage of US: Trump slams EU over Rs 34,500cr fine for Google
In his latest tweet, he hailed Google as one of America’s ‘great companies’ and then hinted that he would retaliate against the EU for ‘taking advantage’ of the US
BUSINESS
CLSA, Citigroup, Nomura maintains their rating on Kotak Bank; see up to 16% upside
Citigroup raised its target price to Rs 1565, from Rs 1430 earlier which translates into an upside of nearly 16 percent from Thursday’s closing price of Rs 1350.
INDIA
Uttar Pradesh police arrest gang that supplied fake degrees within minutes: Report
The accused were known to provide marksheets of private universities located in various states in just 10 minutes. These marksheets could be purchased for Rs 12,000-40,000
BUSINESS
Dr Reddy's Laboratories gains nearly 2% on drug launch in US market
Esomeprazole is an OTC proton pump inhibitor used to treat frequent heartburn occurring two or more days a week in adults.
