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Moneycontrol News

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'Obsessed' Army Major arrested for killing colleague's wife, says he wanted 'to get rid of her'

INDIA

'Obsessed' Army Major arrested for killing colleague's wife, says he wanted 'to get rid of her'

Shailza Dwivedi, wife of Army Major Amit Dwivedi was allegedly killed by Major Nikhil Rai Handa, who reportedly slit her throat and mowed her down by his car

Infosys surges over 2% after management assures of faster growth at its AGM

BUSINESS

Infosys surges over 2% after management assures of faster growth at its AGM

The IT bellwether’s non-executive Chairman Nandan Nilekani said on June 23 that India’s second largest software exporter was ready to get back to faster growth as the focus shifts to execution of previously laid out plans.

Carlyle Group’s Asia fund eyes  India's stressed assets space: Report

BUSINESS

Carlyle Group’s Asia fund eyes  India's stressed assets space: Report

Caryle Group recently closed its fifth Asia buyout fund at USD 6.55 billion

Xiaomi Redmi 6 Pro launched with 5.84-inch display, dual cameras, face unlock, AI features

BUSINESS

Xiaomi Redmi 6 Pro launched with 5.84-inch display, dual cameras, face unlock, AI features

The device comes in 3GB RAM/32GB storage 4GB/32GB and 4GB/64GB storage variants and is priced at CNY 999 (approximately Rs. 10,450), CNY 1,199 (approximately Rs. 12,550) and CNY 1,299 (approximately Rs. 13,650)

Tata Motors falls 4% on auto imports tariff fears in US, weak JLR trends

BUSINESS

Tata Motors falls 4% on auto imports tariff fears in US, weak JLR trends

Multiple brokerages see lack of catalysts in the short term on the back of weak demand and volume growth.

Here's all you need to know about Saradha scam

INDIA

Here's all you need to know about Saradha scam

An umbrella company with 200 private players, Saradha Group in West Bengal was alleged of cheating more than a million investors by running Ponzi schemes

Varroc Engineering to open for subscription on June 26; 10 things you should know

BUSINESS

Varroc Engineering to open for subscription on June 26; 10 things you should know

VEL will not receive any offer proceeds and all proceeds will be received by the selling shareholders

Another good year: India bags 21 awards, including two Grand Prix, at Cannes Lions

BUSINESS

Another good year: India bags 21 awards, including two Grand Prix, at Cannes Lions

During the 65th edition of the Cannes Lions Festival, India began its winning streak with four Lions

PNB Housing soars 14% on reports of HDFC, Kotak eyeing controlling stake

BUSINESS

PNB Housing soars 14% on reports of HDFC, Kotak eyeing controlling stake

According to a report on The Economic Times, both the lenders were competing for a controlling stake in PNB Housing Finance in a bid to get better access to mortgage market.

WhatsApp to reintroduce feature allowing user to control visibility of downloaded pictures in phone gallery

BUSINESS

WhatsApp to reintroduce feature allowing user to control visibility of downloaded pictures in phone gallery

The feature, if disabled, works only for newly downloaded media and will not be applicable for photos and videos which are already appearing in the gallery

As BJP observes its 43rd anniversary as 'Black Day', let's look back at the 1975 Emergency

POLITICS

As BJP observes its 43rd anniversary as 'Black Day', let's look back at the 1975 Emergency

The Emergency refers to a 21-month period between June 25, 1975 and March 21, 1977

Fortis to finally report its Q4 numbers today. Here's what to expect

BUSINESS

Fortis to finally report its Q4 numbers today. Here's what to expect

Fortis is going through a severe cash crunch at the moment. The company's debt was downgraded by rating agencies and borrowing more money hasn't been easy

Buy HCL Technologies, target Rs 997: Mazhar Mohammad

BUSINESS

Buy HCL Technologies, target Rs 997: Mazhar Mohammad

As risk-reward ratios are favourable, positional traders should make use of this opportunity to go long on the stock with a stop below Rs 885 for an initial target of Rs 997, says Mazhar Mohammad of Chartviewindia.in.

Sandhar Technologies rises 2% on signing JV agreement with Whetron Electronics

BUSINESS

Sandhar Technologies rises 2% on signing JV agreement with Whetron Electronics

The company will hold 50% of total equity share capital of the proposed JV company and rest will be hold by Whetron Electronics.

Mumbai man fined for giving lift to strangers stuck in rain

INDIA

Mumbai man fined for giving lift to strangers stuck in rain

On Friday, four days after being served the challan, Nair went to the court where he accepted his mistake and after a lot of requests, he was fined Rs 1,500 instead of Rs 2,000 which is the maximum fine for the said offence

Buy Reliance Industries, target Rs 970: Mazhar Mohammad

BUSINESS

Buy Reliance Industries, target Rs 970: Mazhar Mohammad

Positional traders are advised to buy into this counter for a target of Rs 970 and a stop loss below Rs 900, says Mazhar Mohammad of Chartviewindia.in.

Buy Hero MotoCorp, target Rs 3749: Mazhar Mohammad

BUSINESS

Buy Hero MotoCorp, target Rs 3749: Mazhar Mohammad

Positional traders are advised to buy into this counter for a target of Rs 3,749. A stop loss suggested for the trade is below Rs 3,500, says Mazhar Mohammad of Chartviewindia.in.

Buy Godrej Consumer Products, target Rs 1230: Rajesh Palviya

BUSINESS

Buy Godrej Consumer Products, target Rs 1230: Rajesh Palviya

We recommend buying the stock in the range of Rs 1,163-1,145 with target of Rs 1,230 and stop loss of Rs 1,115 with return of 5 percent, says Rajesh Palviya of Axis Securities.

Buy Bharat Petroleum Corporation, target Rs 437: Rajesh Palviya

BUSINESS

Buy Bharat Petroleum Corporation, target Rs 437: Rajesh Palviya

We are recommending buying the stock in the range of Rs 408-400 with target at Rs 430-437 and stop loss of Rs 391 with return of 7 percent, says Rajesh Palviya of Axis Securities.

Buy Torrent Pharma, target Rs 1540: Rajesh Palviya

BUSINESS

Buy Torrent Pharma, target Rs 1540: Rajesh Palviya

The stock is currently trading above all its crucial SMA i.e. 20, 50, 100. The RSI and Stochastic are also in the positive terrain, says Rajesh Palviya of Axis Securities.

Liquidity squeeze may trouble largecaps, avoid underperfoming midcaps: Ajay Srivastava

BUSINESS

Liquidity squeeze may trouble largecaps, avoid underperfoming midcaps: Ajay Srivastava

He advises investors to stay with what is performing and avoid turnaround candidates

TMC draws plans to strengthen digital wing, will create 10,000 WhatsApp groups: Report

POLITICS

TMC draws plans to strengthen digital wing, will create 10,000 WhatsApp groups: Report

The West Bengal’s ruling party has already set up a huge IT cell with a team comprising 40,000 members

Sushma Swaraj trolled on Twitter over Lucknow passport row

INDIA

Sushma Swaraj trolled on Twitter over Lucknow passport row

The Congress on Twitter expressed their support for Sushma Swaraj

ICICI Bank’s stock falls 2% as whistle-blower alleges incorrect accounting

BUSINESS

ICICI Bank’s stock falls 2% as whistle-blower alleges incorrect accounting

The bank now faces allegations of "irregularities in the conduct of some borrower accounts" and "incorrect accounting", thanks to a third whistleblower complaint in as many years.

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