Cardiac stents price to rise by 8% YoY

Drug eluting stents or the stents coated with a drug, constitutes 95 percent of the market

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Maruti Suzuki March sales meet analyst expectations, ends FY19 with 4.7% volume growth

Maruti said passenger car sales dropped 6.9 percent to 1.03 lakh units in March 2019 YoY, dented by mini as well as mid-size car segments.

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Saudi Aramco gets first credit ratings ahead of bond debut

Aramco generated earnings before interest, tax and depreciation (EBITDA) of $224 billion in 2018, Fitch said on April 1, surpassing ExxonMobil, the world#39;s largest listed oil firm.

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Maruti sales fall 0.7% YoY in March despite new launches; sees pick-up after general elections

This is the first drop in domestic sales for the market leader in seven months

from Moneycontrol Business News https://ift.tt/2U9ljnT

LT bags gas export pipeline contract from Kuwait Oil Company

The company said the order falls under "large" category that range between Rs 2,500 crore and Rs 5,000 crore as per its classification of contracts.

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Nykaa raises Rs 100cr from TPG Growth at a valuation of Rs 5,000cr

This round of funding comes after the company announced its plans to go public last year

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#39;Expect Nifty to be rangebound, April to see stock-specific rally#39;

For this week, Nifty has strong support at 11,565-11,500 and resistance at 11,700-11,760

from Moneycontrol Market Outlook https://ift.tt/2WDCPgv

Inherent bullishness in Nifty, deploy Call Ratio Spread to maximise gains: Shubham Agarwal

PCR (Put Call Ratio) is placed at a comfortable level of 1.49. A significant move above 1.85 could see some consolidation coming in

from Moneycontrol Market Outlook https://ift.tt/2UaL1bk

Troubled Apple supplier Japan Display Inc to seek funding, shares surge

Japan Display, formed in 2012 in a government-backedmerger of the ailing display units of Sony Corp,Toshiba Corp and Hitachi Ltd, flagged its fifth straight year of net losses in February.

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Baloch Liberation Army attacks Chinese assets for 3rd time since Aug 2018

While the figures are not known number of casualties of workers and engineers have been reported by Pakistani news channels.

from Economic Times https://ift.tt/2WF0AFh

Nykaa raises Rs 100 cr from TPG Growth for Rs 5,000 cr valuation

This round of funding comes after the company announced its plans to go public last year

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Samsung CT, Samsung Electronics almost double cost of finishing new chip line

Samsung CT is the construction arm and defacto holding company of the Samsung Group.

from Moneycontrol Business News https://ift.tt/2HS28In

Toyota Kirloskar sales up marginally in March to 13,662 units

In the domestic market, the company reported sales of 12,818 units last month, up 2 percent as compared with 12,539 units in March 2018, TKM said in a statement.

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ETMarkets Morning Podcast: Equity MF fees get cheaper; Jet lenders float new rescue plan & more

Tune in! Your daily digest of market news, views and cues.

from Economic Times https://ift.tt/2JWl8HR

Rahul refused to forge alliance with AAP: Kejriwal

Rahul refused to forge alliance with AAP: KejriwalThe political circles are rife with news if a Congress-AAP alliance. When asked Kejriwal said, "This they must be saying. We don't know anything."

from Economic Times https://ift.tt/2U6lcJu

Investment lessons from Brookfield, a global contrarian investment firm

Brookfield, which has turned active in India, is well known for its differentiated contrarian strategy that earned it several multi-bagger investments

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Accenture has good news for the whole of IT

Last week, Accenture raised its revenue growth forecast to a range of 6.5-8.5% from 6.0-8.0% for the year ahead.

from Economic Times https://ift.tt/2CMIHgh

Jet Airways pilots defer decision not to fly, set April 15 deadline

The decision was taken at an open house meeting of NAG members which took place in both Mumbai and Delhi on Sunday afternoon, NAG president Karan Chopra told reporters after the meeting which lasted for about four hours.

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Demonetisation good move though people faced hardships: HDFC MD Aditya Puri

The HDFC Bank MD also backed the Narendra Modi government#39;s endeavour to promote digitisation in the banking system asserting that it is one of the best things to have happened in India.

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Government notifies new accounting standard on leases; effective from April 1

Ind AS 116 -- to be effective from April 1 -- sets out the principles for recognition, presentation and disclosure of leases

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Bank of Baroda is now third largest lender as Dena, Vijaya merger take effect

The Reserve Bank had on March 30 said branches of Dena Bank and Vijaya Bank would function as BoB outlets from April following the amalgamation.

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Cipla gets 8 GMP observations from USFDA for Kurkumbh plant

The USFDA inspection covered 3 units at Kurkumbh plant.

from Moneycontrol Business News https://ift.tt/2OB1lMC

Airlines responsible for their financial performance; govt can#39;t interfere in day-to-day operations: Suresh Prabhu

Against this backdrop, Prabhu said that each airline prepares its own business plan on the basis of its own market assessment and financial resources.

from Moneycontrol Business News https://ift.tt/2FM8Zky

RNAM partners with Google; Reliance Mutual Fund customers can now carry out voice-based transactions

RNAM is a joint venture between Anil Ambani-led Reliance Capital and Japan#39;s Nippon Life Insurance Co Ltd.

from Moneycontrol Business News https://ift.tt/2OBF3KT

Titan increases stake in CaratLane with Rs 99.99 crore investment

CaratLane is in the business of manufacturing and sale of precious and semi-precious jewellery through its e-commerce business and also through retail showrooms.

from Moneycontrol Business News https://ift.tt/2FMAvyi

HDFC Bank to add 100 branches in Northeast

HDFC Bank started operations in the Northeast in 2004. As of December 31, 2018 the bank network in the region comprised 126 branches and 203 ATMs.

from Moneycontrol Business News https://ift.tt/2ODl9ir

Hyundai India all set to drive in SUV Venue with global connected technology

The auto major will introduce its global technology BlueLink in the Indian market with the launch of the new model and has tied up with Vodafone Idea for network connectivity.

from Moneycontrol Business News https://ift.tt/2FNdF9V

Vijaya Bank, Dena Bank to become Bank of Baroda from April 1

According to the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held. In the case of Dena Bank, its shareholders will get 110 shares of BoB for every 1,000 shares.

from Moneycontrol Business News https://ift.tt/2ODl4LF

Larsen Toubro expects $1 billion revenue from LT Nxt in 5 to 7 years

The LT Nxt initiative, which was launched last week, will focus on the areas of artificial intelligence, internet of things (IoT), virtual reality, augmented reality, geospatial solutions as well as cybersecurity.

from Moneycontrol Business News https://ift.tt/2FN65Mc

DPIIT working on definition of accredited investors to boost investments in startups

The department, under the commerce and industry ministry, has already prepared a draft definition and is now seeking views of stakeholders.

from Moneycontrol Business News https://ift.tt/2ODClnQ

Southwest Airlines to keep Boeing 737 MAX off schedules through May instead of April 20

Boeing#39;s top-selling 737 MAX jetliner has been grounded in the wake of two deadly crashes involving that model in five months, one in Indonesia last October and another on March 10 in Ethiopia.

from Moneycontrol Business News https://ift.tt/2FNdDyP

Mitsubishi eyes 20% market share in elevator space

In FY 2018, the demand for elevators in India was over 50,000 units and the segment is having a year-on-year growth of around 5 to 6 percent.

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Lok Sabha Polls 2019: Elections strike sour note across UP#39;s sugarcane belt

With posters, buntings and rallies, the clamour of poll-time campaigning is all around in the area famed as the country#39;s sugar bowl but the very word election strikes a sour note for many farmers.

from Moneycontrol Business News https://ift.tt/2FOhX0O

GST officers prodding businesses to deposit taxes by March 31 to meet fiscal target

The Central Board of Indirect Taxes and Customs had directed its field formations to remain open during the last weekend of the current financial year, which is March 30 and March 31, 2019, for assisting the taxpayers in filing returns and paying taxes.

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Aggressive option traders can go with short strangle, positive trend to continue in PSU banks

Now, Nifty50 index has to hold previous hurdle of 11,550 zone to extend its gains towards life time high of 11,760 zone while on the downside support is seen at 11,450 and then 11,380 levels.

from Moneycontrol Market Outlook https://ift.tt/2UpgdD9

India is a stock pickers market: Active managers hold potential to generate alpha

We believe that India is still a stock-pickers market, with the potential to generate good alpha over the long term by active fund managers.

from Moneycontrol Market Outlook https://ift.tt/2JTLNFc

Book mild profit at current levels, but these 2 undervalued stocks could give double-digit returns

Momentum indicators on weekly as well as monthly chart are trading in fairly bullish zone and market is trading above all major moving averages.

from Moneycontrol Market Outlook https://ift.tt/2UpDeFW

Nifty Bank could see profit booking; HDFC Bank, Federal and IndusInd Bank top buys

Apart from the banking pack, stocks like Aurobindo Pharma, Infosys, Jindal Steel Power, Page Industries, Petronet LNG, Pidilite Industries and Voltas look strong on charts and have the potential to do well in the near future.

from Moneycontrol Market Outlook https://ift.tt/2uzfmBp

Mallya cites PM's remark on all bank dues

Mallya cites PM's remark on all bank duesIn an interview to a news channel, PM Modi had expressed satisfaction over the fact that Mallya's extradition process was in the last stage.

from Economic Times https://ift.tt/2UnjUJu

Vijay Chandok to head ICICI Securities

Chandok presently is the Executive Director of ICICI Bank.

from Moneycontrol Business News https://ift.tt/2WArQEU

Jet Airways says can#39;t clear pilots#39; dues immediately

The pilots, who along with engineers and senior staff have not been paid for almost four months now, have said they will not fly from April if dues were not cleared and a roadmap on future payment was not provided by March 31.

from Moneycontrol Business News https://ift.tt/2UmIKsZ

Weekly wrap: Bajaj Auto rejigs top deck; JSW Energy mysteriously exits electric vehicle business

Here#39;s the weekly wrap of all the important development in the automotive space during the week

from Moneycontrol Business News https://ift.tt/2Uhl89k

Will Nirav Modi and Vijay Mallya share the same jail cell if extradited, UK judge asks prosecutor

"Do we know which part of India he (Modi) is being sought in," the judge asked, to try and establish which jail Modi is likely to be held in.

from Moneycontrol Business News https://ift.tt/2TJcP1B

What Indian fashion retailers say about online clicks and physical purchase?

Online retailing, which was considered as the end in itself is now being realised as only a stepping stone or a marketing effort by a number of fashion retailers

from Moneycontrol Business News https://ift.tt/2Uj7DFT

Income tax, GST offices to remain open on March 30, 31 to facilitate year-end collection

GST collections in the current fiscal till February totalled Rs 10.70 lakh crore.

from Moneycontrol Business News https://ift.tt/2UpgLJ4

With fewer engineering jobs, is it time to cut down on number of courses?

Several courses have 55-60 percent vacant seats with barely any job offers

from Moneycontrol Business News https://ift.tt/2U3UTUm

#39;See Nifty at 13,500 if 12,000 level taken out decisively#39;

Dyaneshwar Padwal of KIFS Trade Capital said the Nifty may trade rangebound between 11,300 and 12,000 levels during the April series

from Moneycontrol Market Outlook https://ift.tt/2JQhi2Y

BJP may win 8, TMC to shine in WB: ABP-Nielsen

BJP may win 8, TMC to shine in WB: ABP-Nielsen The ABP News-Nielsen's latest Opinion Poll has predicted that the Left Front may draw a blank.

from Economic Times https://ift.tt/2CLqFuJ

The Moneycontrol Show | Estate Planning, RBI Policy, Market Strategies

Watch the video to know about estate planning, RBI MPC and more.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-moneycontrol-show-|-estate-planning-rbi-policy-market-strategies_12311841.html

With no salary coming, Jet Airways#39; pilots may go on strike from April 1

Banks haven#39;t transferred the promised funding, because of which salaries couldn#39;t be cleared

from Moneycontrol Business News https://ift.tt/2I0VLSD

With no salary coming, Jet Airways pilots may go on strike from April 1

Banks haven#39;t transferred the promised funding, because of which salaries couldn#39;t be cleared

from Moneycontrol Business News https://ift.tt/2TEGE3f

Nirav Modi Vijay Mallya to share same jail cell in Mumbai#39;s Arthur Road Jail?

The 48-year-old diamond merchant is wanted in India for alleged "high value and sophisticated" fraud and money laundering amounting to $2 billion.

from Moneycontrol Business News https://ift.tt/2FMG8g9

Take Five: The shape of you - world market themes for the week ahead

After all, an inverted yield curve, when longer-dated yields drop below shorter maturities, have proved to be fairly reliable predictors of US recessions in the past.

from Moneycontrol Business News https://ift.tt/2Wuzv7r

Managing Money with Moneycontrol | Estate Planning

Moneycontrol#39;s personal finance expert Kayezad Adajania gets is in conversation with renowned financial planner Gaurav Mashruwala to discuss all of that.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/managing-moneymoneycontrol-|-estate-planning_12311501.html

Markets@Moneycontrol | Bulls charge ahead

Kshitij Anand, Market Editor, Moneycontrol wraps the week#39;s market action as well as shares cues for the next week.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/markets@moneycontrol-|-bulls-charge-ahead_12311521.html

Macro@Moneycontrol | RBI Monetary Policy

Gaurav Choudhury, Deputy Executive Editor, Moneycontrol discusses the expectations from the policy and whether the RBI will go for another rate cut this time.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/macro@moneycontrol-|-rbi-monetary-policy_12311541.html