BUSINESS
NBCC sells Delhi office space to Balmer Lawrie; stock hits 52-week low
The company has sold office space measuring 27,769 sq.ft at NBCC Centre, Okhla, Phase-1, New Delhi to Balmer Lawrie & Co for a total value of Rs 83.31 crore.
STARTUP
Fake Paytm app used to con shopkeepers in Hyderabad
After shopping, the pranksters pretend to be using the Paytm app on their phones, they enter the details in the prank version, which shows a message mimicking the original saying that the payment has been made.
BUSINESS
State-run oil firms could turn to US crude after sanctions on Iran: Report
Iran is India's third-largest oil supplier, after Iraq and Saudi Arabia. India is the second-largest buyer of Iranian oil after China
POLITICS
Video footage of 2016 surgical strike shows Army destroying terror hubs in PoK
The clips showed bunkers being bombed, grenades being hurled at target locations to eliminate launch pads and some terrorists being killed
BUSINESS
Plastic ban effect: Ordering food to become costlier for Mumbaikars
Restaurants across the city have reported a 10 to 30 percent dip in business ever since the plastic ban came into effect
BUSINESS
ICICI Bank used term loans, LCs to help borrowers avoid loan defaults: Report
The whistleblower complaint lists 31 borrowers who have been given term loans by ICICI Bank.
BUSINESS
Infibeam partners with Network18 Group to launch online financial platform; stock up 2%
Moneycontrol Hindi on Infibeam platform will enable Network18 to expand its audience reach while offering seamless experience to search and consume financial information in regional format.
WORLD
Satellite imagery shows North Korea upgrading nuclear facility despite agreement with the US
38 North - a group that monitors events taking place in and around North Korea - has released images that show that the facility is still operating and is even making infrastructural improvements.
BUSINESS
The real culprit for fall in rupee is oil! Re headed for 70, and beyond
The real deal breakers would be continued rise in oil, which will evaporate all the export advantage gained by a weak rupee
BUSINESS
Buy Dr Reddy's Laboratories, target Rs 2330: Mustafa Nadeem
We recommend buying the stock at the current level for a target of Rs 2,330 and a stop loss of below Rs 2,245 on a closing basis on the daily chart, says Mustafa Nadeem of Epic Research.
BUSINESS
Buy Tech Mahindra, target Rs 730: Mustafa Nadeem
We expect it will continue the rally and recommend buying the stock at the current level for the target of Rs 730 and a stop loss below Rs 700, says Mustafa Nadeem of Epic Research.
BUSINESS
WhatsApp is yet to launch its payments app in India. Here's why
Complete rollout of WhatsApp Payments is stuck because NPCI has not replied to specific queries raised by MeitY.
BUSINESS
Buy Dabur India, target Rs 424: Achin Goel
Traders can accumulate the stock in the range of Rs 390-394 for the target of Rs 424 and a stop loss placed below Rs 379, says Achin Goel of Bonanza Portfolio.
BUSINESS
Allahabad Bank, Canara Bank up 2-3% on capital raising plan
Canara Bank at it board meeting approved to raise about Rs 1,000 crore through employee stock purchase scheme.
BUSINESS
Buy Bharti Infratel, target Rs 330: Achin Goel
Traders can accumulate the stock in the range of Rs 297-300 for the target of Rs 330 and a stop loss placed below Rs 284, says Achin Goel of Bonanza Portfolio.
BUSINESS
Accumulate Aurobindo Pharma, target Rs 700: Achin Goel
Traders can accumulate the stock in the range of Rs 610-617 for the target of Rs 700 with a stop loss below Rs 584, says Achin Goel of Bonanza Portfolio.
INDIA
'Don't make joke of mental health': Health ministry's 'think positive' tweet to cope with depression slammed
The poster alongside the definition listed activities such as following a routine, going for walks, eating fruits, staying clean, practising yoga, taking multivitamins, travelling and thinking positive
BUSINESS
Cadila Healthcare, Strides Shasun, Dr Reddy's Labs, Cipla, Lupin to get astrological support: Satish Gupta
Cadila Healthcare, Strides Shasun, Dr Reddy's Labs, Cipla and Lupin will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
HPCL, IOC Jet Airways hit fresh 52-week low after Brent crude rises above $77.50/bbl
Any rise in crude oil prices is always negative for not only oil marketing companies but also aviation firms.
BUSINESS
Indian Bank falls over 3.5% after it cancels dividend of Rs 6/share
The RBI informed that the bank can declare dividend after fully providing for MTM loss, Gratuity and any other provisions staggered in terms of dispensation given by RBI to all the banks.
BUSINESS
Add Colgate, target Rs 1,300; expect higher ad investment on flagship brand: Kotak Securities
The company's annual general meeting is scheduled to be held on July 26, 2018.
BUSINESS
Aditya Birla Capital rises 2%; Credit Suisse maintains outperform with target Rs 175
The research house has remained positive given its good growth potential and improving profitability across business.
BUSINESS
Lupin up nearly 2% on partnership with Mylan to commercialise Enbrel biosimilar
Enbrel is a TNF-inhibitoriindicated to treat certain autoimmune diseases, including rheumatoid arthritis, psoriatic arthritis, plaque psoriasis and ankylosing spondylitis.
BUSINESS
Drastic drop in number of unruly passengers after introduction of no-fly list: Report
So far, only one person — Mumbai-based jeweller Birju Kishore Salla — has been put on the no-fly list since the government enforced the new rules
