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Showing posts from June, 2020

Buy Greenply Industries, target price Rs 110: Anand Rathi

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The brokerage likes Greenply for its leading position in plywood, backward integration and strong balance-sheet. from Stocks-Markets-Economic Times https://ift.tt/2CXHYf3

Airlines risk extinction as India refuses to bail billionaires out

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Prime Minister Narendra Modi’s administration, facing a widening fiscal deficit, hasn’t doled out funds to individual industries or airlines backed by private businesses and, in some cases, billionaires. from Stocks-Markets-Economic Times https://ift.tt/2YL7QmP

SGX Nifty down 45 points; here's what changed for market while you were sleeping

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Nifty futures on the Singapore Exchange traded 46 points, or 0.45 per cent lower at 10,229, in signs that Dalal Street was headed for a negative start on Wednesday. from Stocks-Markets-Economic Times https://ift.tt/3ik1PoY

Add Piramal Enterprises, target price Rs 1,420: ICICI Securities

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The brokerage remains positive on Piramal Enterprises’ unique positioning in the pharma business with its CDMO services and critical care products. from Stocks-Markets-Economic Times https://ift.tt/3ikXmSI

Stocks in the news: Vodafone Idea, JSPL, ONGC, Petronet LNG and Bank of Baroda

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Automobile majors will announce sales for June on Wednesday. from Stocks-Markets-Economic Times https://ift.tt/38elP7E

Add Sun TV Network, target price Rs 452: ICICI Securities

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The brokerage expects only a slight dip in EPS and has raised its EPS estimate by 7.7 per cent for FY21E on lower amortisation. from Stocks-Markets-Economic Times https://ift.tt/2VvIYgD

Tax sop to be boon for SBI in Yes Bank rejig

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SBI’s executive committee approved of this purchase in mid-March. from Stocks-Markets-Economic Times https://ift.tt/3eUFVGQ

Brokerages’ views mixed on Glenmark Pharma

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Shares of Glenmark declined 3.7 per cent to close at Rs 450 on Tuesday. from Stocks-Markets-Economic Times https://ift.tt/2YO2oj0

Tata Steel Europe units may get Tata Sons infusion

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"We are doing what can be done to be as lean and efficient as possible. It really is Tata Steel’s responsibility and we will do as much as possible to work out a solution from our end. We do not have a window to our promoter’s view on this,” said a top executive close to Tata Steel. from Stocks-Markets-Economic Times https://ift.tt/3ibu2hw

Buy Max Financial Services, target price Rs 565: Suruchi Kapoor

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The analyst suggested a stoploss at Rs 520. from Stocks-Markets-Economic Times https://ift.tt/2NJ1Kgn

Buy SBI Life Insurance Company, target price Rs 850: Suruchi Kapoor

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The analyst suggested a stoploss at Rs 782. from Stocks-Markets-Economic Times https://ift.tt/2ZtiEVX

SBI group to hire about 2,000 people

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While people with experience in rural and agriculture will be recruited through newly set up micro finance vertical, appointments will take place in sales and call centres expanding credit card business. from Stocks-Markets-Economic Times https://ift.tt/31tKJip

Trump 'bullied' Theresa May, called Angela Merkel 'stupid': officials

The US President reserved his "nasty" speech to female leaders, but was "inordinately solicitous" to strongmen like Russia's Putin and Turkey's Erdogan. from Sydney Morning Herald - World https://ift.tt/2YOIvZb

What a family that lost five to the virus wants you to know

"This ain't over," Joe Fusco said of the pandemic that has caused so much chaos and pain to his family. "This ain't over in the least bit." from Sydney Morning Herald - World https://ift.tt/2YMQNRd

Belgian King regrets suffering and humiliation in Congo's colonial past

Millions of Congolese are estimated to have died between 1885 and 1908 after King Leopold II declared the country his personal property. from Sydney Morning Herald - World https://ift.tt/2BQIye7

Vodafone Idea posts Rs 11,643 crore Q4 loss on one-time AGR charge

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Net debt stood at Rs 112,520 cr compared with Rs 103,310 crore in the previous quarter. from Stocks-Markets-Economic Times https://ift.tt/2YNQkOF

US stocks-S&P 500 ends best quarter since 1998 on a high note

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Coming off a drop of 20% in the first quarter, the biggest quarterly decline since the financial crisis in the fourth quarter of 2008, the S&P rallied more than 19.95% to notch its biggest quarterly gain since 1998, at the height of the tech boom. from Stocks-Markets-Economic Times https://ift.tt/2BQAyd5

New strain of swine flu virus spreading to humans in China, say scientists

H1N1 swine flu is highly transmissible with an older strain taking off around the world in 2009, killing about 285,000 people and morphing into seasonal flu. from Sydney Morning Herald - World https://ift.tt/3dV3GNH

Protest or dangerous subversion: what China’s proposed national security laws mean for Hong Kong

National security laws in Hong Kong have been called a "death knell" and "badly damaging". Why are they so controversial? from Sydney Morning Herald - World https://ift.tt/2ZIX816

Road construction in J&K’s Rajouri becomes source of employment for locals

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Road construction in J&K’s Rajouri becomes source of employment for locals from News - Videos - The Times of India https://ift.tt/3giC3Q9

Australia makes European Union's 'safe travel' list, but US left out

The EU wants to support the travel industry and tourist destinations, particularly countries in southern Europe hardest hit by COVID-19, but raises questions whether Australia will let its citizens and permanent residents travel overseas yet. from Sydney Morning Herald - World https://ift.tt/3eNPrLJ

Part of Odisha’s Nayagarh Sub-Jail converted into vegetable garden

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Part of Odisha’s Nayagarh Sub-Jail converted into vegetable garden from News - Videos - The Times of India https://ift.tt/3g7RXfY

Excessive sugar intake linked with unhealthy fat deposits

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Excessive sugar intake linked with unhealthy fat deposits from News - Videos - The Times of India https://ift.tt/38ffdpH

NZ Chinese MP ducks questions, interviews

Deputy Prime Minister Winston Peters wants the National party to explain why one of its MPs is not available to media scrutiny. from Sydney Morning Herald - World https://ift.tt/3eMKv9J

Rent a kitchen to keep your business going

‘Book your kitchen’ rents out professional kitchen units to food businesses from The Hindu - Life & Style https://ift.tt/3dJYGLu

SGX Nifty up 75 points; here's what changed for market while you were sleeping

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Nifty futures on the Singapore Exchange traded 76.50 points, or 0.75 per cent higher at 10,323.50, in signs that Dalal Street was headed for a positive start on Tuesday. from Stocks-Markets-Economic Times https://ift.tt/3eLiRdb

Vodafone Idea Q4 loss likely to decrease

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Analysts expect VIL to lose 5-15 mn customers due to SIM consolidation & lockdown. from Stocks-Markets-Economic Times https://ift.tt/2Zl06ae

Buy Multi Commodity Exchange of India, target price Rs 1,330: Dharmesh Shah

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The analyst suggested a stoploss at Rs 1225. from Stocks-Markets-Economic Times https://ift.tt/38gSOIK

Lenders reject JSW demand for more time

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The core committee of financial creditors to BPSL, comprising top three lenders, met to formulate their plans after JSW’s request last week and decided against giving the company more time. from Stocks-Markets-Economic Times https://ift.tt/2VvxREw

Novelis seeks bridge loan extension, refinancing

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The original bridge loan was priced after adding about 90 basis points over LIBOR. from Stocks-Markets-Economic Times https://ift.tt/3iddTrW

Dozens killed as boat capsizes in Bagladesh

The boat was carrying more than 50 passengers, including local government officers. from Sydney Morning Herald - World https://ift.tt/2ZoDhlN

China imposes new laws on Hong Kong, US implements sanctions

Mainland national security agencies will operate in Hong Kong for the first time as residents fear Beijing is moving to stamp out all dissent. from Sydney Morning Herald - World https://ift.tt/2YLdTaZ

Unlock 2.0: New cases rise rapidly, pace of unlocking slows

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Unlock 2.0: New cases rise rapidly, pace of unlocking slows from News - Videos - The Times of India https://ift.tt/38gUJwW

Google Doodle: Transgender activist Marsha P Johnson honoured

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Google Doodle: Transgender activist Marsha P Johnson honoured from News - Videos - The Times of India https://ift.tt/3ieS5fD

Satyamev Jayate: Shops without shopkeepers in this Mizoram village

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Satyamev Jayate: Shops without shopkeepers in this Mizoram village from News - Videos - The Times of India https://ift.tt/2CLLOaS

RIL close to buying Future’s retail business

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Several other players like US-based retail giant Amazon had evinced interest in Future Group. from Stocks-Markets-Economic Times https://ift.tt/2VvcUtD

Stocks in the news: Vodafone Idea, Axis Bank, ONGC, Tata Steel and Aditya Birla Fashion

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Deepak Fertilisers, Goa Carbon and Ircon International, are among the companies scheduled to announce their results on Tuesday. from Stocks-Markets-Economic Times https://ift.tt/38dTiPR

Mutual fund investors give middlemen the slip

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Direct schemes do not entail distributor’s fee, which crimps the NAV of a unit. from Stocks-Markets-Economic Times https://ift.tt/2VwrdOr

Buy Ipca Laboratories, target price Rs 1,774: Dharmesh Shah

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The analyst suggested a stoploss at Rs 1625. from Stocks-Markets-Economic Times https://ift.tt/2ZskWEO

The curious case of stock rallies after investor meets

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Companies are required to disclose meetings with investors to stock exchanges. from Stocks-Markets-Economic Times https://ift.tt/2CWWpA9

Buy Tata Consultancy Services, target price Rs 2,210: Dharmesh Shah

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The analyst suggested a stoploss at Rs 2040. from Stocks-Markets-Economic Times https://ift.tt/2AfDHmd

SBI MF, Damani take stakes in Andhra Paper

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Andhra Paper reported earnings per share of Rs 53 for the year ended March 2020 from Stocks-Markets-Economic Times https://ift.tt/3dMKIsl

Dow ends up 2.3% as US stocks bounce from Friday rout

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The broad-based S&P 500 gained 1.5 percent to 3,053.24, while the tech-rich Nasdaq Composite Index advanced 1.2 percent to 9,874.15. Major indices lost more than two percent on Friday as coronavirus case spikes in numerous southern and western states exacerbated worries the US economic recovery would be derailed. from Stocks-Markets-Economic Times https://ift.tt/2VvcGCO

Satellite images reveal buildup on both sides of disputed India-China border

A June 15 clash in the disputed area - the Line of Actual Control - was the deadliest in 45 years between the world's most populous nations. Now the apparent building program has everyone nervous. from Sydney Morning Herald - World https://ift.tt/2AjDYVg

English city of Leicester hit by 'whack-a-mole' lockdown as virus surges

Shops which only restarted trading will have to close again, and restaurants and pubs which planned to reopen this weekend will have to stay shut. from Sydney Morning Herald - World https://ift.tt/2BTBHk8

Exposure to air pollution, smoking may lead to childhood obesity: Study

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Exposure to air pollution, smoking may lead to childhood obesity: Study from News - Videos - The Times of India https://ift.tt/3g87gW3

RBI board debates 90-day NPA cap

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Chandrasekaran is learnt to have suggested that policymakers needed to go the extra mile from Stocks-Markets-Economic Times https://ift.tt/389agi9

Global markets wary as coronavirus threatens economic reopening

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In a more promising sign, E-Mini futures for the S&P 500 recouped their early losses to edge up 0.3% and EUROSTOXX 50 futures added 0.2%. FTSE futures dipped 0.2%. from Stocks-Markets-Economic Times https://ift.tt/2ZdXaMu

Hold Sun TV Network, target price Rs 433: Emkay Global

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The brokerage kept its headline estimates unchanged, with a 16 per cent fall in ad revenue and 12 per cent growth in domestic subscription in FY21. from Stocks-Markets-Economic Times https://ift.tt/31p7kws

LAC stand-off: Hold-ups at ports will hit India, not China, says Nitin Gadkari

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LAC stand-off: Hold-ups at ports will hit India, not China, says Nitin Gadkari from News - Videos - The Times of India https://ift.tt/2NAlqDd

TOI Daily: Those who cast evil eye on Indian soil given befitting reply, says PM Narendra Modi

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TOI Daily: Those who cast evil eye on Indian soil given befitting reply, says PM Narendra Modi from News - Videos - The Times of India https://ift.tt/2NAjZoj

China-India face-off: Caught in crossfire, Indians in China battle a sense of guilt

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China-India face-off: Caught in crossfire, Indians in China battle a sense of guilt from News - Videos - The Times of India https://ift.tt/2NBpB1k

SGX Nifty down 70 points; here's what changed for market while you were sleeping

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Nifty futures on the Singapore Exchange traded 73.5 points, or 0.71 per cent lower at 10,266.50, in signs that Dalal Street was headed for a negative start on Monday. from Stocks-Markets-Economic Times https://ift.tt/2BSe62X

Buy NTPC, target price Rs 122: Emkay Global

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Regulated equity is expected to see a CAGR of 10.2 per cent over FY20-23. from Stocks-Markets-Economic Times https://ift.tt/2ZkTPv4

IIFL Finance in talks to sell wholesale loan book

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IIFL Finance, SSG Capital, Cerberus and Apollo did not respond to ET’s emails till press time Sunday. from Stocks-Markets-Economic Times https://ift.tt/2Zhhk8v

ITC remains a dividend play with FMCG bounce and Rs 20,000 crore cash

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ITC posted a 6 per cent decline in sales with all segments posting a drop in revenues. from Stocks-Markets-Economic Times https://ift.tt/2Vu9Hdw

Stocks in the news: Axis Bank, ITC, Bajaj Finance, IDBI Bank, HDFC AMC, Piramal Enterprises and Sobha

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S&P Global Ratings said it has lowered its ratings on Bajaj Finance to junk. from Stocks-Markets-Economic Times https://ift.tt/2YHoqUH

Dependence on H-1B has fallen significantly: Infosys CEO

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The AGM was held virtually for the first time and 1,771 shareholders participated. from Stocks-Markets-Economic Times https://ift.tt/2Zh6Jue

Agencies keen to withdraw ratings of over 10,000 companies not sharing info

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Officials are understood to have broached the subject at a recent meeting with regulators. from Stocks-Markets-Economic Times https://ift.tt/3dKyhgy

Five stocks with high interest on F&O traders’ radar for July

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Technology shares rose on Friday after better-than-expected earnings from Accenture. from Stocks-Markets-Economic Times https://ift.tt/38a2J2t

States may oppose more power for RBI over co-op banks

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Balasaheb Patil told ET that some stray incidents could not be a basis for regulatory changes. from Stocks-Markets-Economic Times https://ift.tt/2Zi6TRR

OnePlus 8 Pro Goes on Sale Today at 12PM: Price, Specifications, and More

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Here's your chance to purchase the flagship OnePlus 8 Pro from Amazon India or the OnePlus India official store. from Top Tech News- News18.com https://ift.tt/31p9T1y