Both TCS and Infosys hold 27 percent each in the index weight and they are likely to take leadership alternatively to help index inch upfrom Moneycontrol Market Outlook http://bit.ly/2GO5lpG
Tuesday, April 30, 2019
#39;Bet on TechM, Wipro and Mindtree for better return among IT stocks#39;
Both TCS and Infosys hold 27 percent each in the index weight and they are likely to take leadership alternatively to help index inch upfrom Moneycontrol Market Outlook http://bit.ly/2GO5lpG
Corporate Corridor | Maruti#39;s diesel masterstroke may have a lesson for one and all
Transforming transport is never straightforward. For the sector to go forward, everyone needs to be on board.from Moneycontrol Business News https://www.moneycontrol.com/news/business/corporate-corridor-|-maruti39s-diesel-masterstroke-may-havelesson-for-oneall_12441221.html
With NBFC crisis deepening, insurers weigh options
Insurers are now in a hurry to rejig their portfolio towards highly rated debt instruments.from Moneycontrol Business News http://bit.ly/2J76Zpe
Maruti Suzuki April sales dip 17% at 1.43 lakh units
The company#39;s domestic sales were down 19 percent at 1,33,704 units against 1,64,978 units in April 2018.from Moneycontrol Business News http://bit.ly/2ISleyR
Maruti Suzuki April sales dips 17% at 1.43 lakh units
The company#39;s domestic sales were down 19 percent at 1,33,704 units against 1,64,978 units in April 2018.from Moneycontrol Business News http://bit.ly/2IRBUX3
US Federal Reserve likely to ignore Trump#39;s call to cut interest rates
The unorthodox advice - more in line with what economists on the far left of the political spectrum might advocate - is likely to go unheeded by a central bank that views its current target interest rate as roughly where it should be to keep the growing US economy on an even keel.from Moneycontrol Business News http://bit.ly/2ISok5O
US Federal Reserve likely to ignore Trump#39;s call to cut interest rates
The unorthodox advice - more in line with what economists on the far left of the political spectrum might advocate - is likely to go unheeded by a central bank that views its current target interest rate as roughly where it should be to keep the growing US economy on an even keel.from Moneycontrol Business News http://bit.ly/2J3ddWS
Govt sells #39;enemy properties#39; worth Rs 1,874 cr in April
The Cabinet in November 2018 had given its go-ahead to the Department of Investment and Public Asset Management (DIPAM) to sell #39;enemy shares#39; and #39;enemy properties#39; -- which refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India.from Moneycontrol Business News http://bit.ly/2LfdCbK
Maruti#39;s diesel masterstroke may have a lesson for one and all
Transforming transport is never straightforward. For the sector to go forward, everyone needs to be on board.from Moneycontrol Business News http://bit.ly/2WhwszU
Questions raised over JJ#39;s India-specific donation of TB drug bedaquiline
The US-based healthcare products major is already facing multiple regulatory investigations in the country over the safety of its products.from Moneycontrol Business News http://bit.ly/2Leehdl
Modi-government report card: Inflation management
In this episode of the seven-part series, we take a look at how the Modi government managed inflation.from Moneycontrol Business News http://bit.ly/2VCXVir
Huawei jumps ahead of Apple in tough smartphone market
A total of 310.8 million smartphones were shipped globally during the first three months of this year in a 6.6 percent decline from the same period in 2018.from Moneycontrol Business News http://bit.ly/2Ld0yn2
Eric Schmidt leaves Google board, ending an era
Schmidt will not seek re-election to the board when his term expires in June, but will continue to advise on technical matters, according to Alphabet.from Moneycontrol Business News http://bit.ly/2GLHJC7
Oil pares gains as fears ease on Venezuelan exports
Brent crude futures hit a session high of $73.27 per barrel and settled 76 cents, or 1.1 percent, higher at $72.80. Last week, Brent hit a six-month high above $75.from Moneycontrol Business News http://bit.ly/2DI8Uga
Opinion | Central banks embark on a gold rush, should you?
Between 2010-19 total gold purchased by central banks was 3,560.28 tonnes.from Moneycontrol Business News https://www.moneycontrol.com/news/business/opinion-|-central-banks-embark-ongold-rush-should-you_12441021.html
Opinion | Central banks embark on a gold rush, should you?
Between 2010-19 total gold purchased by central banks was 3,560.28 tonnes.from Moneycontrol Business News https://www.moneycontrol.com/news/business/opinion-|-central-banks-embark-ongold-rush-should-you_12441001.html
SP 500 posts best four-month run in nearly nine years; Apple jumps after hours
Apple shares jumped about 5 percent following its quarterly results after the bell, which will help to ease worries about the earnings outlook for the SP 500, even as Google-parent Alphabet tumbled during the session in the wake of a revenue miss.from Moneycontrol Business News http://bit.ly/2J6KPmO
Sensex to hit 44,000 by March 2020; valuation comfort seen in small and midcaps: Nitin Rao
We would continue to select stocks where earnings growth is clearly visible. Over the last few months, we had called for advancing equity allocation prior to electionsfrom Moneycontrol Market Outlook http://bit.ly/2ZLMGDx
Facebook overhauls design as it pivots to private messaging
Chief Executive Mark Zuckerberg unveiled a fresh design for the world#39;s biggest social network that de-emphasized its News Feed. It also ditched the signature blue banner that has been on the app since its launch.from Moneycontrol Business News http://bit.ly/2VxeSed
Nirav Modi to make another bail plea in UK court on May 8
Barrister Nick Hearn from Furnival Chambers will represent the CPS at the bail hearing, while Modi will be represented by Clare Montgomery of Matrix Chambers.from Moneycontrol Business News http://bit.ly/2J6LynW
Zensar Q4 net profit up 14% at Rs 82.74 crore
Revenue from operations grew 29.78 per cent to Rs 1,057.41 crore in the reported quarter from Rs 814.73 crore in the corresponding quarter of 2017-18.from Moneycontrol Business News http://bit.ly/2IRDDvB
Monsanto India net profit falls 57.45% in March quarter
The company#39;s total income declined to Rs 132.56 crore during the January-March 2019 period, compared with Rs 161.18 crore in the year-ago quarter.from Moneycontrol Business News http://bit.ly/2J5b5Ox
Co-location case: SEBI bars Ajay Shah, others from association with all SEBI-recognised entities for 2 years
It was alleged that Ajay Shah, who had collected NSE trade data in 2005-06 under the pretext of research activities, developed a software that was sold to select brokers who are at the centre of the co-location controversy.from Moneycontrol Business News http://bit.ly/2vtquAb
Lenders approve Patanjali#39;s Rs 4,325 cr bid for Ruchi Soya
Homegrown FMCG major almost got a walk over after rival Adani Wilmar decided to pull out from the race despite being selected the highest bidder few months back.from Moneycontrol Business News http://bit.ly/2DElBJ6
Airtel Africa posts $412 mn profit in FY19
Data customers in Airtel Africa network increased by 5.1 million to 30 million as compared to 24.9 million in the previous year.from Moneycontrol Business News http://bit.ly/2DH66jt
NSE co-location case: SEBI bars OPG from securities market for 5 yrs; asks co, directors to disgorge Rs 15.57cr
SEBI also prohibited OPG from taking any new clients for a period of one year from the date of the order.from Moneycontrol Business News http://bit.ly/2XXmKmO
How Russia contaminated $2.7 billion of oil exports to Europe
The disruption sent oil to a six-month high above $75 a barrel, tarnished Russia#39;s reputation as an exporter at a time of rising competition with US oil sales and triggered a Russian probe into whether the pipeline had been sabotaged.from Moneycontrol Business News http://bit.ly/2GTituG
Uday Kotak warns of more liquidity squeeze, muddying waters for financial sector again
The next six months are crucial for the financial sector, Kotak, the executive vice-chairman of Kotak Mahindra Bank said, adding the fear this time is the financial sector impacting both itself as well as the real sector.from Moneycontrol Business News http://bit.ly/2GTatKn
US Commerce Secretary Wilbur Ross to meet Suresh Prabhu on May 6
Issues such as withdrawal of GSP benefits by Washington are expected to come up for the discussion.from Moneycontrol Business News http://bit.ly/2J0BVHA
SAIL introduces pension scheme current, former employees
Under the approved scheme, SAIL said, all executive employees who were on rolls of the company on or after January 1 2007, as well as non-executive employees on rolls on or after January 1, 2012, shall be covered in the scheme.from Moneycontrol Business News http://bit.ly/2ISs8Uy
SBI savings a/c holders with Rs 1 lakh plus balance to get lower interest from Wednesday
According to the information provided on the website of State Bank of India (SBI), the interest rate on savings bank accounts with balances above Rs 1 lakh will be 2.75 per cent below the RBI#39;s repo rate, which currently stands at 6 per cent.from Moneycontrol Business News http://bit.ly/2GLndRU
China#39;s fear of an American blockade
As the Chinese navy expands its operations into the Indian Ocean, it is also building the capability to protect the sea lanes that carry China#39;s imports of vital oil and raw materials from the Middle East and Africa.from Moneycontrol Business News http://bit.ly/2ZNlx2U
Netgear to start manufacturing from India by 2020
Netgear manufactures networking hardware such as routers for business enterprises and high-end consumers segment.from Moneycontrol Business News http://bit.ly/2PED3BP
Ajanta Pharma Q4 net profit declines 5.92% to Rs 89 crore
The company had posted a net profit of Rs 94.49 crore for the corresponding period of the previous financial year, Ajanta Pharma said in a filing to the BSE.from Moneycontrol Business News http://bit.ly/2WdGO3T
Gruh Finance Q4 net profit flat at Rs 129 cr
Total revenues from operations during March quarter stood at Rs 557.77 crore as against Rs 444.15 crore in the year-ago period, the company said in a regulatory filing.from Moneycontrol Business News http://bit.ly/2DGRcd1
IndiGo grounds A320 Neo after hard-landing in Nagpur
A senior DGCA official said the aviation regulator is looking into the incident, adding both the pilots have been grounded pending a probe.from Moneycontrol Business News http://bit.ly/2vuanCl
SC asks Amrapali Group to explain details of transactions, agreements with M S Dhoni
The top court said it wants the entire picture to be placed before it as also the explanation of each and every transactions and dealings with Dhoni.from Moneycontrol Business News http://bit.ly/2PGiHZc
SC asks Amrapali Group to explain details of transactions, agreements with M S Dhoni
The top court said it wants the entire picture to be placed before it as also the explanation of each and every transactions and dealings with Dhoni.from Moneycontrol Business News http://bit.ly/2vuanlP
Co-location case: SEBI bars NSE from securities market for 6 months; directs exchange to #39;disgorge#39; Rs 625 cr
NSE did not exercise due diligence while putting in place TBT (Tick-by-Tick) architecture, SEBI said.from Moneycontrol Business News http://bit.ly/2PGhRvw
IHCL Q4 profit jumps 55% to Rs 123 crore
The PAT in the full 2018-19 fiscal stood at Rs 296.12 crore as against Rs 103.52 crore in the previous year.from Moneycontrol Business News http://bit.ly/2vszqWq
Raymond Q4 net profit up 24.26% at Rs 67.70 cr
Total income during the quarter under review stood at Rs 1,837.11 crore as against Rs 1,655.12 crore in the same quarter of the previous fiscal.from Moneycontrol Business News http://bit.ly/2USK2rO
Jaguar to move Land Rover Defender production to Slovakia
This is the second model to be built at the Slovakia plant, which was officially launched in October, where JLR expects to hit annual production of 100,000 cars by 2020.from Moneycontrol Business News http://bit.ly/2V3NapP
OPEC supply squeeze seen supporting higher oil prices: Reuters poll
US light crude is seen averaging $60.23 per barrel this year, compared with $58.92 forecast in March.from Moneycontrol Business News http://bit.ly/2UKUp0R
NCLAT prepones hearing on Essar Steel to May 7
An NCLAT bench headed by Chairman Justice S J Mukhopadhaya on April 30 directed the matter to be listed on May 7.from Moneycontrol Business News http://bit.ly/2J4pLxb
Fire insurance rates spike as claims double
Insurers also want to conduct inspections before providing a quote for the policyfrom Moneycontrol Business News http://bit.ly/2ZKGziT
Vistara to hire 100 pilots, 400 cabin crew from Jet Airways
Tuesday was the last day of the two-day recruitment drive for the cabin crew at the Tatas-Singapore Airline-run Vistara, which took place simultaneously in Mumbai and Gurugram.from Moneycontrol Business News http://bit.ly/2USoBYd
Ambuja Cement January-March net profit up 35.2% at Rs 695.30 crore
The company, which follows January-December fiscal, had posted a consolidated net profit of Rs 514.34 crore in the January-March period a year ago.from Moneycontrol Business News http://bit.ly/2VtstmP
IOC#39;s RD centre patent filing crosses 1,000-mark
The Centre filed the 1,001st patent this week, the company said in a statement here.from Moneycontrol Business News http://bit.ly/2LfT0QD
BASF Q4 net profit up 9.77% at Rs 86.27 cr
Total income declined to Rs 1,321.3 crore during January-March quarter of 2018-19 from Rs 1,354.3 crore in the same period in previous fiscal.from Moneycontrol Business News http://bit.ly/2VzP9l7
IBC report card: 53% of corporate insolvency processes completed
359 cases had been admitted for corporate insolvency, while only 14 got resolution plan approvals and 73 went into liquidation in the January-March quarterfrom Moneycontrol Business News http://bit.ly/2L9fzGq
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Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...
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