BUSINESS
Arvind Subramanian quits highlights: No firm date fixed for my departure, says CEA
Live updates of the press conference being held by Chief Economic Adviser Arvind Subramanian after he resigned due to family commitments.
WORLD
'All-you-can-eat' promo drives restaurant in China to bankruptcy
The restaurant offered the 'all-you-can-eat deal' to the membership card holders.
BUSINESS
Bank of Maharashtra’s shares tank 7% after CMD, 5 others arrested in fraudulent loans case
The lender’s Chairman and Managing Director (CMD) Ravindra Marathe along with five others have been arrested for extending fraudulent loans to Pune-based DSK Group, police said.
BUSINESS
HDFC Bank asks executive to 'don't engage customer further' and assign 'if ranting' on Twitter query
The bank, however, deleted the tweet and apologised later. It admitted that the earlier tweet was “inappropriate and inadvertent.”
BUSINESS
Chief Economic Adviser Arvind Subramanian on his way out, says Arun Jaitley through Facebook post
Personally I will miss his dynamism, energy, intellectual ability and ideas, says Jaitley...
MARKETS
Unichem Laboratories rises 9% on settlement agreement with Eli Lilly
Under the settlement agreement, company expects to launch its generic tadalafil product in the United States on or not before March 26, 2019 under certain circumstances.
BUSINESS
Buy Insecticides India: Soumen Chatterjee
Insecticides India is trading at a trailing P/E 17.8 times. Earnings of the next two quarters will play a major catalyst, says Soumen Chatterjee of Guiness Securities.
BUSINESS
Buy NOCIL, target Rs 240: Soumen Chatterjee
NOCIL has a healthy balance sheet with a debt-to-equity ratio of around 0.20 times. It is trading around 16 times its trailing earnings. Our target price on the stock is Rs 240 per share, says Soumen Chatterjee of Guiness Securities.
BUSINESS
Accumulate Ashok Leyland, target Rs 183: Soumen Chatterjee
We maintain our accumulate rating with a price target of Rs 183 per share, says Soumen Chatterjee of Guiness Securities.
BUSINESS
Accumulate JSW Steel, target Rs 435: Soumen Chatterjee
We maintain our accumulate rating with a target price of Rs 435 per share, says Soumen Chatterjee of Guiness Securities.
BUSINESS
Buy Jamna Auto Industries: Soumen Chatterjee
The company maintains its industry leading return on equity of 30 percent and modest debt/EBITDA of 0.3 times, says Soumen Chatterjee of Guiness Securities.
BUSINESS
Odisha consumers annoyed with shortage of LED bulbs under UJALA scheme
The consumers have also complained about how the products were sold in an unsystematic manner and without authentic bills.
BUSINESS
IL&FS' Vibhav Kapoor is betting on these 5 sectors, should you?
Kapoor said the basic texture of state-run banks has to change in terms of management and decision making.
BUSINESS
Air India pilots 'very stressed' due to unpaid flying allowances in May
Some banks have recalled Rs 1,000-crore loan that the carrier requires to pay its employees.
BUSINESS
IBM takes Artificial Intelligence to next level; system can now debate with humans
The AI system called 'Project Debater' does not completely work on keywords and search related documents. It is capable of finding a deeper understanding
BUSINESS
Investec sounds caution on cements based on demand issues, margin risks
Even with demand for affordable housing, it is insufficient to match supply, it said.
INDIA
Carrying a plastic bag in Mumbai? Come June 23, BMC squad may note down your Aadhaar number
Plastic ban in Maharashtra comes into effect from June 23. Here's all you need to know
CURRENT-AFFAIRS-TRENDS
Karnataka man celebrates marriage by taking his bride for a ride on a JCB!
Chethan was thrilled and said that he wanted his wedding to be memorable and special
POLITICS
Cops, journalists getting killed in J&K because of Mehbooba Mufti's soft approach: BJP's Ram Madhav
Hours after imposition of Governor’s Rule in J&K, Ram Madhav said the decision to end the alliance was not “opportunistic”
BUSINESS
Oppo Find X with sliding camera launched; features 6.4-inch all-display screen, 8GB RAM
Oppo Find X sports 6.4-inch display with a screen-to-body ratio of 93.8 percent, which is the highest ever achieved on a smartphone
BUSINESS
Macquarie bets on normal monsoon, pay panel recommendations to boost auto sector
Having said that, it also observed that auto stocks are trading at a premium to historical valuations.
BUSINESS
BSNL plans to roll out 5G network in India along with its global launch
BSNL Chief General Manager Anil Jain said that BSNL doesn't want to miss the 5G bus along with others, as they adopted 3G and 4G after many delays.
CURRENT-AFFAIRS-TRENDS
Omar Abdullah slams trolls sending hate tweets to Airtel user who sought a ‘Hindu representative’
Former CM of Jammu and Kashmir tweeted, ‘Those of you flooding her timeline with hate & abuse are as bad, if not worse, than her. If you can’t occupy the high ground it’s best to exit the ground altogether.’
POLITICS
AAP in trouble over its leader's secession demand for Punjab
AAP MLA and leader of opposition Sukhpal Singh Khaira's statement drew criticism from several political parties, including Congress, BJP and Shiromani Akali Dal (SAD)
