POLITICS
Ram Sene chief Pramod Muthalik compares Gauri Lankesh with dog
Parashuram Waghmare, an active member of the Sri Ram Sene, had reportedly confessed to killing Lankesh in order to “save his religion” and was arrested from Karnataka’s Vijaypura district a few days ago
BUSINESS
Panacea Biotec stock jumps 6% on settlement agreement with Celgene for Abraxane generic
As part of the settlement agreement, Panacea and Apotex will receive a non-exclusive license under which Panacea Biotec may begin selling generic version of Abraxane in the US.
BUSINESS
Don’t see blowout performance from largecaps, smallcaps a better play: Shankar Sharma
Sectorwise, he is betting on sectors such as steel, infrastructure, chemicals, and optical fibre cables as the opportunities in these sectors remain sizeable
BUSINESS
ICICI Bank stock soars 4% on buzz of top management rejig at the bank
ICICI Bank is discussing a rejig of its top management, a move that could make ICICI Prudential Life CEO Sandeep Bakhshi the group's interim chief, The Economic Times reports.
WORLD
Global watchdog may put Pakistan in ‘Grey List’: Report
Global money laundering watchdog Financial Action Taken Force (FATF) may include Pakistan in its 'grey list' for failing to control terrorism financing
BUSINESS
Anandrathi expects 39% upside in L&T with a target of Rs 1,894
We believe Larsen & Toubro being one of the leaders with presence and capability to execute such big complex projects is better placed amongst its peers.
BUSINESS
IndusInd bank to maintain stable asset quality over FY19-20, stock may give 14% return: Anandrathi
We expect the bank to maintain stable asset quality over FY19-20, aided by its well-diversified loan mix.
BUSINESS
Buy Emami with a target of Rs 1,250; higher input cost a risk: Anandrathi
We maintain our buy call on the stock, with a revised target of Rs 1,250, assigning a 36x multiple on FY20e EPS.
BUSINESS
PNC Infratech falls 5% after UP govt cancels company's bid for Purvanchal Expressway
The UP government has decided to reinvite bids for Purvanchal Expressway.
BUSINESS
Adani Wilmar could emerge as winning bidder for Ruchi Soya: Report
Patanjali had been given time to counter Adani Wilmar's bid for Ruchi Soya, but it reportedly hasn't raised its offer
BUSINESS
Asus Zenfone Ares launched with 8GB RAM, AR, VR capabilities: Price and specs
The phone features advanced augmented reality (AR) and virtual reality (VR) capabilities and has specifications akin to Asus ZenFone AR which was launched last year
BUSINESS
Sell Gruh Finance, target Rs 309: Dinesh Rohira
The scrip is facing a resistance at Rs 337 levels and crucial support from 100-days EMA is placed at Rs 305 levels. We have a sell recommendation for Infibeam which is currently trading at Rs 322.45, says Dinesh Rohira of 5nance.com.
BUSINESS
Buy Hindustan National Glass & Industries, target Rs 113: Dinesh Rohira
We have a buy recommendation for Hindustan Nat Glass which is currently trading at Rs 104.90 for target of Rs 113, says Dinesh Rohira of 5nance.com.
BUSINESS
5G rollout in India: Panel advises early release of spectrum for R&D
The 5G network is expected to be significantly faster and more reliable than 4G
BUSINESS
Sharp correction in mid & smallcap stocks may be a good reason to bet on them. Here's why
S Krishnakumar believes that there is chance to make a lot of money when there is fear among investors. Valuations have drained out and earnings trajectory looks better, he said.
BUSINESS
Deploy bear put spread on Bank Nifty in June series
"Considering slowdown in momentum, Bank Nifty may see further pressure emerging in the second half of expiry," says Shubham Agarwal of Quantsapp Pvt
BUSINESS
Rupee likely to head higher towards Rs 69/USD mark by the end of July ’18
"Despite the recent recovery in USD/INR in the past one month from 67.77 to 67.64, the US Fed’s forecast to raise interest rates two more times eyeing strength in the economy is likely to add strength to the US dollar," says Prathamesh Mallya of Angel Broking
BUSINESS
ICICI Bank considering management reshuffle, Sandeep Bakhshi could be interim chief: Report
A formal announcement might be made this week.
BUSINESS
Vedanta, Dr Reddy’s fall even as Sensex undergoes rejig effective June 18, 2018
Vedanta fell over 3.5 percent as weakness in global metal names weighed on sentiment in such stocks here too. Meanwhile, Dr Reddy’s Laboratories fell as investors saw risk in its right to launch Buprenorphine and Naloxone sublingual film in the US markets.
BUSINESS
Express trains to undergo a makeover, 30,000 coaches will be repainted in brown and beige
The new colour scheme is already introduced with the Delhi-Pathankot Express
BUSINESS
Adani Green Energy shares debut at Rs 30, down over 80%
The stock price has opened at Rs 30 while its previous close stood at Rs 151.45 on the exchange.
BUSINESS
Oil retailers, aviation stocks rally up to 6% after Brent crude prices fall below $73/bbl
Oil prices corrected nearly 11 percent from the $80.50 a barrel (the highest level since November 2014) touched on May 17.
BUSINESS
CLSA & Motilal Oswal say TCS buyback tad lower than their expectations, EPS negative
Post-announcement, CLSA has maintained its buy rating with a target price of Rs 1,850 per share
BUSINESS
Buy Nava Bharat Ventures, target Rs 163: Dinesh Rohira
We have a buy recommendation for Nava Bharat Ventures which is currently trading at Rs 145.60 for target of Rs 163, says Dinesh Rohira of 5nance.com.
