ENVIRONMENT
Railway stations in Bengaluru get plastic crushers that give you cashback for discarding a single-use bottle
The Bengaluru division of South Western Railway has set up bottle crushers at KSR city, Yeshwantpur Cantonment and Krishnarajapuram stations to tackle plastic pollution.
BUSINESS
SBI, ICICI Bank and PNB see surge in digital transactions: Report
These banks have reporting a sharp rise in digital transactions, especially in net banking, point of sale and mobile banking
BUSINESS
Buy Bajaj Finance with stop loss around Rs 2083: Hadrien Mendonca
Other momentum oscillators also indicate that stock has the legs to carry forward the momentum. Protect every long position with a stop loss around Rs 2,083 levels.
BUSINESS
Buy Infosys, target Rs 1343: Hadrien Mendonca
We expect the stock to move higher towards its potential target of Rs 1,343 in the medium term.
BUSINESS
Kwality under ASM list; locked at 5% lower circuit; slips 33% in last 7 days
The meeting of board of directors of the company will be held on June 20, 2018 to consider and approve the proposal for buyback of securities and/or bonus issue of securities.
BUSINESS
Aurobindo Pharma gains 3% on USFDA approval for heartburn drug
The said product will be launched in June 2018.
BUSINESS
Investors should adopt a buy on dips strategy in near term
“Midway support on the Nifty is placed around 10,700 levels. On the upside, major resistances are placed around 10,780 and 10,820 levels,” says Jaydeb Dey at Stewart & Mackertich Wealth Management Ltd.
BUSINESS
Buy Sanofi India, target Rs 5707: Hadrien Mendonca
Maintaining its higher top higher bottom structure, relative strength too indicates stock has a potential of making a dash towards its potential target of Rs 5,707 in the medium term.
BUSINESS
Facebook notifying users about the bug which may have caused their posts to be shared publicly
Facebook said that it was sending a notification to the affected users and suggesting them to review Facebook posts they made during that time bug was active
BUSINESS
Mahindra Finance becomes third biggest agri-equipment lender in the US
Mahindra Finance USA is a joint venture between MMFSL and De Lage Landen Financial Services, Inc., a fully-owned subsidiary of the Rabobank Group
INDIA
Centre considers law to control arbitrary fee hikes in private schools: Report
The Centre's proposal comes after the success of a similar regulation passed in Uttar Pradesh
BUSINESS
Azim Premji’s younger son joins board of Wipro Enterprises
Tariq’s appointment is in accordance with the Companies Act, 2013 and his “independent view will add to the board’s deliberations"
TRENDS
Mumbai rains: Weather department says heavy rainfall likely on weekend; advises to 'stay indoors'
The weather bureau has issued an ‘extremely heavy’ rainfall alert for the island city from June 9 to June 11 (Saturday to Monday), requesting citizens ‘to stay indoors as much as possible on these three days.’
BUSINESS
ICICI Bank seeks more time to respond to SEBI's showcause notice: Report
SEBI had sent a 12-page showcause notice to ICICI Bank and Chanda Kochhar on May 23 in relation to disclosures made while giving loans to Videocon group
BUSINESS
Vakrangee locked at 5% upper circuit; board meeting on June 14
A meeting of board of directors of the company will be held on June 14 to consider financial results for the quarter and year ended March 31, 2018.
BUSINESS
Nifty may face resistance around 10,930; 3 stocks that could return 7-11%
A break above the mentioned resistance zone will soon lead the Nifty towards its all-time high. Weight of the evidence still indicates that its bullish stance continues to remain intact.
BUSINESS
Fortis: Unaware of creditors thinking of moving NCLT, vendors' dues will be cleared soon
The healthcare provider also added that the unpaid vendors' bills have accumulated over normal course of business and will be "cleared as soon as possible" in an appropriate manner
BUSINESS
United Breweries, Pioneer Distilleries, Radico Khaitan to get astrological support: Satish Gupta
United Breweries, Pioneer Distilleries, Radico Khaitan and Associated Alcohol will get astrological support, says Satish Gupta of astrostocktips.in.
BUSINESS
Midcap sell-off: IndAsia Fund Advisors sees great opportunity in niche plays
On the macro front, he feels rising crude oil prices may hurt India’s current account deficit.
INDIA
Petrol, diesel prices see biggest dip in 10 days
Fuel prices vary from state to state depending on local sales tax or VAT
ECONOMY
Labour Ministry puts quarterly employment survey on hold: Report
The eighth quarterly employment survey for October-December 2017 quarter was due in May
BUSINESS
Indian Hotels emerges as the sole bidder at Taj Mansingh auction
This is despite NDMC easing the eligibility criteria earlier yhis year that allowed most 5-star hotel operators to make a bid.
POLITICS
Key takeaways from Pranab Mukherjee’s speech at RSS event in Nagpur
An astute politician of the Grand Old Party, Mukherjee asserted that reasoned public engagement is essential in a democracy
BUSINESS
10-year bond yields cross 8%, highest in over 3 years
The sovereign 10-year bond yield has risen over 60 basis points since April and is near a three-year high due to a lack of investors.
