BUSINESS
Voltas falls 4% on reports of Tata Sons looking to divest 9% stake in co
According to CNBC-TV18, the Group is looking to sell up to 9 percent stake in the company and may look at an offer for sale (OFS) option for the same. The said divestment could take place in more than one tranche.
INDIA
Security stepped up for Amarnath Yatra after reports of infiltration from PoK
“There is a higher level of threat perception to Amarnath Yatra this year. There are terror groups working alone as well as terror groups like Lashkar, Hizb and Jaish. Security forces are working hard to fend off any attacks,” said CRPF IG Ravideep Sahi
BUSINESS
Tata Elxsi stock hits fresh high on buzz co may launch driverless car prototype solution
According to The Hindu BusinessLine, the firm could be first to come up with a driverless car prototype solution in the next 6-8 months. The solution is likely to be implemented by one of the top five auto-makers, Nitin Pai, Senior Vice President told the newspaper.
INDIA
Kolkata man calls Flipkart helpline number, ends up with an offer to join BJP
“The BJP number is on the website, on Facebook. Anyone can share it. That's not our responsibility,” said BJP bengal unit chief Dilip Ghosh, while denying any connection with the e-commerce website
BUSINESS
Avanti Feeds surges 17% post ex-bonus, sub-division of shares
The company has fixed June 27 as the record date for the purpose of ex-bonus and ex-split.
CURRENT-AFFAIRS-TRENDS
Kerala: Fight to reclaim an god-elephant's ‘tribal identity’
Peelandi was caged for a year and was in training to become more disciplined as he would to be turned into a kumki elephant, used by the forest department in India to trap wild elephants
WORLD
Malaysian mosque bans tourists after women visitors' dance video goes viral
City Mosque Chairman Datuk Jamal Sakaran said despite the fact that tourists were briefed about the do’s and dont's at the mosque, such an act is ‘regrettable’
INDIA
Three men die in Bihar after consuming 'spirit' meant for medical purposes
As per reports, families of the deceased have denied that the trio used to consume alcohol
BUSINESS
PNB Housing falls 3.5% after co clarifies of no negotiations with HDFC, Kotak to sell stake
The share had rallied on Monday, around 15 percent, on the back of media reports that the bank’s controlling stake was up for grabs.
BUSINESS
JMC Projects rises 1% on orders win worth Rs 1,966cr
JMC led consortium has secured two turnkey projects under Micro Lift Irrigation Scheme worth Rs 2,650 crore from Narmada Valley Development Authority (NVDA) in Madhya Pradesh.
BUSINESS
Aurobindo Pharma gains 2% on USFDA approval for anti-bacteria injection
Ertapenem injection is a generic equivalent of Merck Sharp & Dohme Corp’s Invanz injection.
BUSINESS
Closing Bell: Sensex, Nifty end flat but Midcap index underperforms; IDBI Bank dips 6%
Asian markets are under pressure amid escalated trade tensions between US and China and crude worries.
BUSINESS
Nifty may retest critical support around 10,700; Buy BPCL for the short term
“A sell-off in the last hour of trade on Monday indicates that the Nifty may once again challenge its downside support placed around 10,700 and 10,670 levels,” says Jaydeb Dey of Stewart & Mackertich Wealth Management
BUSINESS
Markets@Moneycontrol: Nifty likely to open lower, may retest 10,700 levels
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 25.5 points or 0.24 percent. Nifty futures were trading around 10,735-level on the Singaporean Exchange.
BUSINESS
Indian ADRs: Tata Motors slips 6.2%, ICICI Bank down 4.3%
Indian ADRs ended lower on Monday. HDFC Bank was down 1.05 percent and Dr Reddy's Laboratories fell 2.55 percent.
INDIA
When Lord Ram showers blessings, temple will definitely be built in Ayodhya: UP CM Adityanath
Religious leader and former BJP lawmaker, Ram Vilas Vedanti, declared that Ram temple will be constructed at the spot where Lord Ram was born, before the 2019 general elections
BUSINESS
Top buy & sell ideas by Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba for short term
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy ACC with a stop loss of Rs 1299 and target of Rs 1345 and sell Escorts below Rs 873 with stop loss of Rs 900 and target of Rs 830 and also sell Bank of India with a stop loss of Rs 94.2 and target of Rs 88.
BUSINESS
News highlights: Uber wins legal bid to restore London licence for 15 months
This blog will keep track of breaking news and important developments through the day.
BUSINESS
Looking for sell ideas? Bank of India & Tata Chemicals may return 5-11%
Jayant Manglik of Religare Broking expects the Nifty to hold 10,550 in case of any decline, while a decisive breakout above 10,850 would trigger a fresh upmove
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Rajesh Agarwal of AUM Capital
BUSINESS
Podcast | Pick of the day - All about irregularities at ICICI Bank
The new complaint puts the spotlight on three loans - a USD 923 million loan to Essar Global, a similar amount lent to Bhushan Steel, and a USD 615.38 million loan to Essar Steel
BUSINESS
Varroc Engineering IPO: Brokerages advice subscribe, should you?
SMC says only high-risk investors should opt for the issue as it looks expensive and given the company's high dependence on its global business. Choice Broking also advises subscribing with caution due to its expensive valuation.
BUSINESS
Stocks in the news: Piramal Enterprises, Fortis, Bajaj Auto, Jet Airways, NHPC, Grasim, United Spirits
Piramal Enterprises | Fortis | Bajaj Auto | Jet Airways | NHPC | Grasim | JMC Projects and United Spirits are stocks, which are in news today.
SPORTS-TRENDS
ESP vs MAR FIFA World Cup 2018 Highlights: Spain score in 90th minute, end the match 2-2
Catch all the highlights from the FIFA World Cup 2018 Group B match between Spain and Morocco, from Baltika Arena, Kaliningrad.
