Tuesday, June 30, 2020

Priyanka Chopra Jonas inks #39;multimillion-dollar#39; TV deal with Amazon

Priyanka Chopra Jonas inks #39;multimillion-dollar#39; TV deal with Amazon "So honoured and excited to finally share this news with you. Looking ahead, we already have so much on our slate! Big thank you to @jsalke and her team at Amazon for being such great partners, and for sharing in the belief that talent and good content knows no boundaries," Priyanka wrote.

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The China presence in Indian aviation that few know about

The China presence in Indian aviation that few know about About 20 percent of aircraft used by Indian airlines are leased from Chinese lessors

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US charges generic drug firm Glenmark with price-fixing

US charges generic drug firm Glenmark with price-fixing Glenmark allegedly conspired with pharmaceutical maker Apotex Corp and other generic drug companies to increase the prices of cholesterol medication pravastatin and other generic drugs, the department said.

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The battle may have just begun, says Rahul Bajaj on COVID-19 disruption

The battle may have just begun, says Rahul Bajaj on COVID-19 disruption "With a partial easing of lockdown, our facilities at Chakan, Waluj and Pantnagar have opened, but are far from working at full pace,” Rahul Bajaj said.

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Five reasons why you should diversify your portfolio with global investing

Five reasons why you should diversify your portfolio with global investing International investments are considered financially secure and a very reliable form of investing. Keeping the above points in mind, here are five benefits of investing in global securities.

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Chinese apps banned | Govt panel to investigate data-sharing practices of Chinese apps: Report

Chinese apps banned | Govt panel to investigate data-sharing practices of Chinese apps: Report Representatives of top social media apps like TikTok, Bigo Live, etc., have already confirmed to cooperate with the government officials in the investigation.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/chinese-apps-banned-|-govt-panel-to-investigate-data-sharing-practiceschinese-apps-report_13982041.html

Taking cue from Taj Group, Oberoi Hotels to launch own food delivery app

Taking cue from Taj Group, Oberoi Hotels to launch own food delivery app To be launched on July 25 the Qmin mobile app will offer food from eight restaurants including of Taj Golden Dragon and Souk from Taj Mahal Palace among others.

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ETMarkets Morning Podcast: Possible movers & shakers of today's market

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

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Vodafone Idea to divest stake in Indus Towers after Infratel merger

Vodafone Idea to divest stake in Indus Towers after Infratel merger The Indus-Infratel merger has received foreign direct investment (FDI) approval and is slated to be completed by August 31.

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Carlyle to buy 25% stake in Bharti Airtel#39;s data centre business for $235 million

Carlyle to buy 25% stake in Bharti Airtel#39;s data centre business for $235 million Carlyle Group will make the investment in Bharti Airtel#39;s Nxtra Data at a valuation of $1.2 billion.

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Essar group places bid for Petrobras#39; Bahia refinery: Sources

Essar group places bid for Petrobras#39; Bahia refinery: Sources Petrobras, as Brazil#39;s state-controlled oil producer is known, has received at least two offers for the 323,000 barrels per day Landulpho Alves refinery in Bahia, known as Rlam. The other is from Abu Dhabi#39;s Mubadala Investment Company.

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Marty Baron made The Post great again. Now, the news is changing

Marty Baron made The Post great again. Now, the news is changing The revival of The Post by Baron and its owner, Amazon founder Jeff Bezos, is perhaps the greatest news business success story of the past decade. But that journalistic revival has in some ways masked a messier story, one of many contradictions

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Human trials begin in fortnight, JJ works to ramp up production of affordable COVID-19 vaccine, says top scientist

Human trials begin in fortnight, JJ works to ramp up production of affordable COVID-19 vaccine, says top scientist The US-based pharma giant, which has already advanced its schedule of starting human trials of its candidate vaccine to the second half of July from September, is working on the twin fronts of expanding existing manufacturing capacity and establishing new units, Chief Scientific Officer Paul Stoffels told PTI.

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Only one-third of college graduates received an offer letter: Survey

Only one-third of college graduates received an offer letter: Survey The survey, which took inputs from 1,300 college graduates, said some students are considering freelancing as a possible career path.

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Nifty set for best quarter in 11 years even as COVID-19 cases spike; 16 stocks that rose more than 100%

Nifty set for best quarter in 11 years even as COVID-19 cases spike; 16 stocks that rose more than 100% Even though most investors might be seeing a drawdown of more than 10 percent in their portfolios, the party is not over for equity markets, not yet, say experts.

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Natural gas futures slip 0.92% in afternoon trade

Natural gas futures slip 0.92% in afternoon trade On MCX, natural gas for July delivery touched an intraday high of Rs 130 and an intraday low of Rs 128.10 per mmBtu on MCX.

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Silver futures up 0.36% in afternoon trade

Silver futures up 0.36% in afternoon trade In the futures market, silver for September delivery touched an intraday high of Rs 49,300 and a low of Rs 49,064 per kg on the MCX.

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Global supply chain to witness shift, low imports from China will benefit: Raymond

Global supply chain to witness shift, low imports from China will benefit: Raymond It is also looking at long-term funding and alternate working capital availability to manage liquidity as business restarts with gradual easing of lockdown.

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HMSI drives in BSVI version of Honda Livo at Rs 69,422

HMSI drives in BSVI version of Honda Livo at Rs 69,422 The BSVI version comes with new headlamp, start/stop switch, service due indicator, five step adjustable rear suspension among other features.

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Economy should normalise by FY21-end despite virus risk: Angel Broking

Vaibhav Agrawal We believe that sector allocation and stock selection will be the key to generate alpha going forward.

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IndiGo starts layoffs, also extends leave without pay, and salary cuts

IndiGo starts layoffs, also extends leave without pay, and salary cuts The company is looking to raise salary cuts for pilots under training to around 75 percent, while the same for all line released pilots will be revised upwards to around 45 percent.

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Teleport India, House of Masaba to export face masks to South-east Asian market

Teleport India, House of Masaba to export face masks to South-east Asian market The tie-up is part of the company#39;s entry into the social e-commerce business and also of the government#39;s Make-in-India initiative, which is aimed at boosting the manufacturing potential of the domestic small and medium entrepreneurs (SMEs), Teleport India said in a release.

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Almost every asset class feels like a falling knife right now: Gaurav Garg 

Almost every asset class feels like a falling knife right now: Gaurav Garg  The investors who lost money in the crisis have started to recover their losses and the next six-month period would also give good opportunities to the new investors, said Garg

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/almost-every-asset-class-feels-likefalling-knife-right-now-gaurav-garg _13975821.html

Professionals in India now slightly upbeat about income, savings: Survey

Professionals in India now slightly upbeat about income, savings: Survey Based on responses of 1,351 professionals in India, findings from the survey conducted between June 1-14 reveal that India#39;s workforce is beginning to feel more confident about their personal finances.

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India China standoff | China#39;s state-run daily estimates up to 50% drop in trade between countries

India China standoff | China#39;s state-run daily estimates up to 50% drop in trade between countries China is India’s one of the leading trade partners and constitutes 9 percent of India’s total export and 18 percent of total merchandise imports.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/india-china-standoff-|-china39s-state-run-daily-estimatesto-50-droptrade-between-countries_13975921.html

IIT Madras launches online BSc programme

IIT Madras launches online BSc programme Depending on courses completed, the learner can receive Foundational Certificate from Centre for Continuing Education, IIT Madras, Diploma(s) from IIT-Madras or an IIT-Madras Degree

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Ola adds in-app tipping feature for driver partners globally

Ola adds in-app tipping feature for driver partners globally The feature has been rolled out to all Ola users across India, Australia, New Zealand and the United Kingdom and will benefit Ola#39;s over 2.5 million-global driver community, Ola said in a statement.

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Pharma body seeks faster clearances of imported good at ports

Pharma body seeks faster clearances of imported good at ports Even in the case of medical devices and diagnostics critical devices such as infrared thermometers and pulse oxi meters which are specifically aimed at Covid-19 diagnosis, glucometers and strips are also held up.

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Monday, June 29, 2020

Five PSBs could have over Rs 8 lakh crore worth loans under moratorium: Report

Five PSBs could have over Rs 8 lakh crore worth loans under moratorium: Report However, the amount is not absolute as only SBI has provided the moratorium data for periods before and after the COVID-19 outbreak

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Is Safari the ideal ‘right stock at a wrong time’?

Is Safari the ideal ‘right stock at a wrong time’? Near-term stock performance of Safari might remain subdued and could provide ideal accumulation opportunity for long-term investors.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/is-safariideal-‘right-stock-atwrong-time’_13974701.html

FIIs reduce stake in over 250 firms in past year; what should investors do?

FIIs reduce stake in over 250 firms in past year; what should investors do? Out of 254 companies, 93 have fallen more than 50 percent in the last one year

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Green shoots appear in heavy truck segment; mining, road construction activity fuel demand

Green shoots appear in heavy truck segment; mining, road construction activity fuel demand Trucks used for segments such as e-commerce, petroleum and lubricants industry, agricultural and dairy produce are seeing an uptick

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Podcast: Market-moving news and stocks

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

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Dilip Buildcon raises Rs 200 crore through NCDs

Dilip Buildcon raises Rs 200 crore through NCDs Dilip Buildcon said it has raised Rs 200 crore through an issue of non-convertible debentures (NCDs) on a private placement basis.

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Stick to fundamentals! Elara Capital picks 15 #39;Crisis Crusaders#39; for long term

Stick to fundamentals! Elara Capital picks 15 #39;Crisis Crusaders#39; for long term Elara Capital in its latest report on ‘India Strategy’ highlighted that they have studied the “fundamental metrics that matter during the crisis” to make an informed portfolio choice.

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Natural gas futures gain nearly 3% in afternoon trade

Natural gas futures gain nearly 3% in afternoon trade In the futures market, natural gas for July delivery touched an intraday high of Rs 122 and an intraday low of Rs 119 per mmBtu on the MCX

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Amid COVID-19 disruption, companies seek cybersecurity cover: Report

Amid COVID-19 disruption, companies seek cybersecurity cover: Report Companies want insurers to provide cover for malware theft, data breach, phishing attacks, identity theft and cyber bullying.

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Ideas for Profit | With its decent dividend yield and reasonable valuation is ITC a win for investors?

Ideas for Profit | With its decent dividend yield and reasonable valuation is ITC a win for investors? In such an overheated equity market, if there is any frontline large company offering value at the current price, it is ITC

from Moneycontrol Business News https://www.moneycontrol.com/news/business/ideas-for-profit-|-with-its-decent-dividend-yieldreasonable-valuation-is-itcwin-for-investors_13970561.html

HMSI commences deliveries of latest version of superbike Africa Twin Adventure Sports

HMSI commences deliveries of latest version of superbike Africa Twin Adventure Sports The company#39;s exclusive premium big-bike dealership - the Honda BigWing in Gurugram delivered the first unit of 2020 Africa Twin Adventure Sports, HMSI said in a statement.

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Silver futures steady at Rs 48,349 per kg in afternoon trade

Silver futures steady at Rs 48,349 per kg in afternoon trade In the futures market, silver for July delivery touched an intraday high of Rs 48,633 and a low of Rs 48,250 per kg on the MCX.

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Wow Momo partners with CCD to sell momos across its outlets

Wow Momo partners with CCD to sell momos across its outlets The move will help both companies increase their revenue at a time when the food and beverages industry is struggling due to the novel coronavirus

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Sun Pharma gets nod from Japan govt for plaque psoriasis treatment drug

Sun Pharma gets nod from Japan govt for plaque psoriasis treatment drug The wholly-owned subsidiary has received approval from Japan#39;s Ministry of Health, Labour and Welfare for Ilumya (tildrakizumab) for the treatment of plaque psoriasis in adult patients who have an inadequate response to conventional therapies, Sun Pharmaceutical Industries said in filing to BSE.

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Surge in equity markets not linked to economic recovery: SBI economists

Surge in equity markets not linked to economic recovery: SBI economists They also warned that banks will start reporting higher non-performing assets (NPAs) after September, once the six-month moratorium on loan repayment ends.

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#39;Upside for broader market looks capped until Bank Nifty sustains above 22,000#39;

#39;Upside for broader market looks capped until Bank Nifty sustains above 22,000#39; The level of 22,000 is getting tough for Bank Nifty bulls to break above, until it sustains above 22k mark, fresh leg of upside looks difficult for broader markets as well.

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Explained: Maharashtra cancelling higher education exams could face a legal hurdle, spell trouble for students

Explained: Maharashtra cancelling higher education exams could face a legal hurdle, spell trouble for students Unless the Centre brings out uniform guidelines to cancel final year exams and issue degrees, uncertainty continues for students in Maharashtra.

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BYJU#39;S launches online tutoring programme for students

BYJU#39;S launches online tutoring programme for students Called #39;BYJU’S Classes#39;, this will be a programme where students would have access to scheduled online classes from teachers across India, instant doubt resolution and one-on-one guidance from dedicated mentors.

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#39;A break above 10,550 on Nifty50 could open the door for 11K in July#39;

Sumeet Bagadia We think that this time in July, the index will give the breakout of 10,500-10,550 level with the good support of 10050-10000, afterwards, the target would be at 11,040 levels.

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MG Motor shortlists six more start-ups for its Developer Program Grant

MG Motor shortlists six more start-ups for its Developer Program Grant The six finalists include Highway Delite, Socialcore, InCabEx, CamCom, ClearQuote, and the Alexa-based project Meeseeks, the company said in a statement.

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#39;Market looks frothy but value stocks may outperform growth ones in short term#39;

Mihir Vora Segments that will remain under stress for a longer time are hotels, restaurants, malls, airlines, multiplexes, and highly discretionary spending, says Max Life Insurance#39;s Mihir Vora.

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JSW Steel reports multiple COVID-19 cases at its facility, asks 11,000 workers to stay home

JSW Steel reports multiple COVID-19 cases at its facility, asks 11,000 workers to stay home JSW Steel is the biggest manufacturer after Bajaj Auto to report multiple positive cases

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Sunday, June 28, 2020

Immunity booster for your portfolio! Here#39;s a list of 10 stocks to get through COVID times

Immunity booster for your portfolio! Here#39;s a list of 10 stocks to get through COVID times Rural reforms coupled with normal monsoon forecast amidst fall in interest rates are expected to support growth in the economy

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JLL partners with RoofandFloor to offer a seamless homebuying experience in India

JLL partners with RoofandFloor to offer a seamless homebuying experience in India RoofandFloor is a technology-driven online marketplace for homebuyers in India.

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Stocks in news: L&T, Hero MotoCorp, Voltas, PB Fintech, LTIMindtree

Shares of L&T, Tata Power, Canara Bank, Hero Moto and BSE will be in focus today as the companies will announce their fourth quarter res...