BUSINESS
2018 will be the year of consolidation after stellar gains in 2017: Rakesh Jhunjhunwala
According to Rakesh Jhunjhunwala, there is no credible leader in the opposition party to take on PM Modi. I am sure that the next government will be a BJP government despite what people feel, he said.
BUSINESS
Incredibles 2 on its way to make box office history, breaks 5 records in opening weekend
Incredibles 2 is scheduled for June 22 release in India
BUSINESS
RITES IPO fully subscribed on Day 2 of issue; retail segment at 3.2x
The issue received bids for 2.75 crore shares against the issue size of 2.52 crore shares, as of 12:45 PM on June 21, 2018. The total issue was subscribed 1.09 times.
BUSINESS
Cleartrip announces acquisition of Saudi Arabia-based OTA Flyin
The deal is expected to offer Cleartrip a wider outreach and a larger client base in an adjacent market
BUSINESS
Market Update: PSU bank index down over 1% drag by PNB, Union Bank; 82 stocks hit 52-week low
Nifty PSU bank index was down 1.3 percent with PNB, Allahabad Bank and Union Bank are down nearly 3 percent. However, Canara Bank, IDBI Bank down more than 2 percent.
INDIA
Breathe easy, Mumbai! City continues to have good air quality
However, the state of air in northern cities was, unsurprisingly, bad
BUSINESS
India sees 23% rise in suicides from 2000-2015, men at higher risk: Report
The data also revealed that maximum number of such deaths were reported in the 30-45 age group
BUSINESS
Manpasand Beverages rises 4% as board to consider Q4 results on June 27
The share surged 9.4 percent from its 52-week low of Rs 128.85 touched during the day.
TECHNOLOGY
Bosch plans Rs 1,700-crore investment in India over 3 years to meet local demand
Bosch Group is planning to invest Rs 1,700 crore in India over the next three years owing to the growing demand in the domestic automotive market.
INDIA
India raises import duties on agriculture, steel products to protest US tariff hike
India has increased import duties on some agricultural and steel products that are imported from the US in retaliation against Washington's new global tariffs on steel and aluminium.
BUSINESS
Apollo Tyres, Ceat, JK Tyre, Balkrishna Industries to get astrological support: Satish Gupta
According to Satish Gupta of astrostocktips, the tyre stocks i.e,; Apollo Tyre, Ceat, JK Tyre & Balkrishna Industries will get astrological support.
BUSINESS
Teradata files intellectual property theft suit against SAP
SAP and Teradata had a joint venture that gave SAP access to Teradata’s intellectual property
BUSINESS
'Pariwartan' plans: Ailing power sector with a debt of Rs 1.8 trillion gets on revival mode
The process will take place under an asset management firm to protect the value of the assets
BUSINESS
Credit Suisse flags provisioning concerns on L&T Finance; maintains neutral call
Credit Suisse also said that while the management is targeting 60 percent provisioning cover, but the requirement could be higher as well.
BUSINESS
InterGlobe Aviation surges 6% on clarification of no summons being issued by ED to co
Source had told CNBC-TV18, the Enforcement Directorate has summoned the top management of the carrier in a case related to violations related to foreign exchange management act (FEMA).
BUSINESS
Hackers can track your location via bug in Chromecast, Home devices, admits Google
Google has acknowledged that such a bug exists and has promised to fix the issue through a software update, which it will roll out in July
BUSINESS
Gayatri Projects slips 2% after UP govt cancels project worth Rs 1,111cr
The UP government has cancelled the earlier bid on the Purvanchal expressway project and has re-invited the bids, company said in release.
BUSINESS
Buy Greaves Cotton, target Rs 149: Dharmesh Shah
We expect the stock to continue its positive bias and gradually head towards Rs 150 levels as it is the 123.6 percent extension of the previous up move, says Dharmesh Shah of ICICIdirect.
BUSINESS
Buy Maharashtra Seamless, target Rs 548: Dharmesh Shah
We believe the sideways consolidation over the past three months has laid the foundation for the next leg of up move within a structural uptrend, says Dharmesh Shah of ICICIdirect.
BUSINESS
Closing Bell: Sensex loses 115 pts, Nifty ends below 10,750; ITC, L&T shares drag
Index heavyweights Reliance Industries, Infosys, ICICI Bank and HDFC continue to lend support while FMCG and select banking stocks are under pressure.
SPORTS-TRENDS
In pics! FIFA World Cup 2018: Spain vs Iran as it happened
Catch a glimpse of all the action from the Group B encounter between Spain and Iran at the Kazan Arena.
BUSINESS
Buy Marico, target Rs 370: Dharmesh Shah
We believe the stock has formed a higher base as stock to resolve out of contracting triangle pattern, signifying continuance of uptrend, says Dharmesh Shah of ICICIdirect.
BUSINESS
Indian ADRs: Tata Motors, ICICI Bank up; Infosys, Dr Reddy's Lab down
Indian ADRs ended mixed on Wednesday. ICICI Bank rose 1.16 percent and Wipro shed 1.25 percent.
BUSINESS
Indian rupee opens lower by 12 paise at 68.19 per dollar
We expect the USD-INR to meet supply pressure at higher levels, says ICICIdirect.
