Stocks in the news: Tata Motors, Vodafone Idea, MRPL, National Fertilizers, Opto Circuits
Tata Motors | Vodafone Idea | MRPL | National Fertilizers and Opto Circuits are stocks which are in news today.
Posted on 20 August 2019 | 7:44 am
Asian shares nudge higher on stimulus hopes, recession fears ease
MSCI#39;s broadest index of Asia-Pacific shares outside Japan nudged up 0.04%, while Japan#39;s Nikkei jumped 0.47%. The improved mood was helped by a rally on Wall Street overnight, with the SP 500 gaining 1.21%
Posted on 20 August 2019 | 7:42 am
China accused of using Twitter, Facebook against Hong Kong protests
Facebook said a tip from Twitter led to the removal of a network of pages, groups and accounts originating in China and involved in "coordinated inauthentic behaviour" focusing on Hong Kong.
Posted on 20 August 2019 | 7:35 am
US Steel plans to lay off hundreds of workers in Michigan
In a Worker Adjustment and Retraining Notification filed on Aug. 5, the Pittsburgh-based company said it expects to let go fewer than 200 workers following its decision to halt production at the Michigan facility.
Posted on 20 August 2019 | 7:35 am
General Electric fortifies defence against charges of bogus accounting
The 175-page report, published on Thursday by Harry Markopolos, who blew the whistle on Bernard Madoff#39;s Ponzi scheme, renewed concern about GE#39;s finances and sent its stock tumbling.
Posted on 20 August 2019 | 7:35 am
BJP accuses Prashant Kishor#39;s team of interfering in functioning of West Bengal govt
The ruling Trinamool Congress (TMC) and Kishor#39;s organisation- the Indian Political Action Committee (I-PAC)- denied the allegations.
Posted on 20 August 2019 | 7:31 am
Army was ready for conventional war with Pakistan in run up to Balakot strikes: Sources
The Indian Army was prepared for a conventional warfare with Pakistan which would have included going inside Pakistan, the sources told PTI.
Posted on 20 August 2019 | 7:30 am
What changed for the market while you were sleeping? Top 10 things to know
Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.15 percent loss or 16.5 points.
Posted on 20 August 2019 | 7:29 am
ISRO to inject Chandrayaan 2 into lunar orbit today
There will be four more orbit manoeuvres to make the spacecraft enter into its final orbit passing over the lunar poles at a distance of about 100 km from Moon#39;s surface
Posted on 20 August 2019 | 7:20 am
A morning walk down Dalal Street | Upward momentum should strengthen further if Nifty closes above 11,150
Bank Nifty needs to hold and sustain above 28,200 levels to witness a bounce towards 28,500 then 28,750 levels, while on the downside supports are seen at 28,000 then 27,750 levels, experts said.
Posted on 20 August 2019 | 7:15 am
Wall Street rallies on hopes of global economic stimulus
The Dow Jones Industrial Average rose 249.78 points, or 0.96%, to 26,135.79, the SP 500 gained 34.97 points, or 1.21%, to 2,923.65 and the Nasdaq Composite added 106.82 points, or 1.35%, to 8,002.81.
Posted on 20 August 2019 | 7:10 am
Veteran music composer Khayyam passes away at 92
The noted composer was admitted at the ICU at Sujay Hospital in suburban Juhu due to lung infection over 10 days ago.
Posted on 19 August 2019 | 10:58 pm
DHFL makes fresh default on Rs 1,571 crore bond repayments
The defaults pertain to three cases with regard to interest payment on non-convertible debentures and commercial papers (CPs), Dewan Housing Finance Corporation Ltd (DHFL) said in a regulatory filing.
Posted on 19 August 2019 | 10:54 pm
Global network#39;s nuclear sensors in Russia went offline after mystery blast
The Russian Defence Ministry, which operates the two stations, did not immediately reply to a request for comment.
Posted on 19 August 2019 | 10:30 pm
SBI aims to eliminate debit cards
Kumar said there are around 90 crore debit cards in the country as against 3 crore credit cards, and pointed out to digital solutions like its own #39;Yono#39; platform as the key for achieving a debit card-less country.
Posted on 19 August 2019 | 10:23 pm
Priyanka Gandhi slams govt over economic #39;slowdown#39;
She cited media reports on economic slowdown and job losses to attack the government.
Posted on 19 August 2019 | 3:59 pm
Need to fix NBFCs, power sector immediately to stimulate economy, says Raghuram Rajan
Rajan said that he can#39;t predict another big financial crash but if it comes, it will be from different sources.
Posted on 19 August 2019 | 3:16 pm
India notifies imports of 30,000 tonne crude soya oil from Paraguay
"TRQ (tariff rate quota) quota for import of 30,000 tonne of crude soya oil from Paraguay under India-Mercosur trade agreement is notified," the Directorate General of Foreign Trade (DGFT) said in a notice.
Posted on 19 August 2019 | 2:56 pm
PE-VC investment in India zooms to all-time high of $8.3 bn in July: Report
According to EY#39;s private equity deal tracker, July 2019 recorded investments worth USD 8.3 billion across 106 deals against USD 1.8 billion in July 2018 through 70 deals.
Posted on 19 August 2019 | 2:35 pm
This economist is watching Japanese whiskey prices to portend a US recession
Wells Fargo Corporate Economist Richard DeKaser highlighted that increasing demand for high-end consumer products usually marks the business cycle peak, which often precedes a recession
Posted on 19 August 2019 | 2:31 pm
US economists expect recession in 2020 or 2021: Survey
The survey came out after President Donald Trump pushed back against talk of a looming recession as a raft of US data reports last week showed a mixed picture on the economy.
Posted on 19 August 2019 | 1:18 pm
Policy | Modi’s call to empower every district is an economic and cultural opportunity
The idea of ‘One District, One Product’ is derived from the ‘One Village, One Product’ movement in Japan. The movement, launched in the Otia prefecture of Japan in 1979, was aimed at revitalising the village economy and social communities.
Posted on 19 August 2019 | 12:50 pm
JK move correct, economy needs to be corrected: Subramanian Swamy
The Rajya Sabha MP told reporters the "wrong policies" adopted during former finance minister Arun Jaitley#39;s tenure were responsible for the economy slowing down. He also criticised ex-Reserve Bank of India governor Raghuram Rajan for raising interest rates.
Posted on 19 August 2019 | 11:52 am
Lithuania can be important technology partner for India: Venkaiah Naidu
Addressing the Indian community at the Lithuanian capital Vilnius on Sunday, Naidu also called upon the diaspora to serve as a bridge in strengthening economic and cultural relations between the two countries.
Posted on 19 August 2019 | 10:48 am
Telangana CM Chandrasekhar Rao favours comprehensive national power policy
Of the total captive power generation in the country, not even half is being utilised, but yet several parts in the country are living without power, he said on Sunday.
Posted on 19 August 2019 | 9:55 am
Threat of economic recession looming over country: Mayawati
"The trader community is dejected and worried. After job cuts, they are forced to commit suicide. The Centre must take this seriously," Maywati added.
Posted on 17 August 2019 | 2:24 pm
Punjab Sind Bank cuts MCLR by up to 20 basis points
Most of the consumer loans such as personal, auto and home are priced on the basis of the one-year MCLR.
Posted on 17 August 2019 | 1:58 pm
RBI to cut interest rates by 40 basis points before this fiscal-end: Fitch
RBI on August 7, had cut benchmark repurchase and reverse repurchase rates by an unconventional 35 bps, slightly higher than market expectations of a 25 bps cut.
Posted on 16 August 2019 | 4:07 pm
ANZ slashes forecast for India#39;s GDP growth in 2019/20 to 6.2%
The bank#39;s estimate of gross domestic product (GDP) growth is now well below the expectations of other banks, and a long way from the Reserve Bank of India#39;s (RBI) forecast of 6.9% forecast, which itself was cut from 7.0% this month.
Posted on 16 August 2019 | 3:21 pm
New industrial policy to suit present tax regime on the anvil
Since the current policy is VAT-based, the government is in the process of formulating the post-GST policy to boost further growth of the industrial sector, principal secretary to government, industries department, N Muguganandam said here.
Posted on 16 August 2019 | 3:05 pm
Stocks in the news: Tata Motors, Vodafone Idea, MRPL, National Fertilizers, Opto Circuits
Tata Motors | Vodafone Idea | MRPL | National Fertilizers and Opto Circuits are stocks which are in news today.
Posted on 20 August 2019 | 7:44 am
Asian shares nudge higher on stimulus hopes, recession fears ease
MSCI#39;s broadest index of Asia-Pacific shares outside Japan nudged up 0.04%, while Japan#39;s Nikkei jumped 0.47%. The improved mood was helped by a rally on Wall Street overnight, with the SP 500 gaining 1.21%
Posted on 20 August 2019 | 7:42 am
China accused of using Twitter, Facebook against Hong Kong protests
Facebook said a tip from Twitter led to the removal of a network of pages, groups and accounts originating in China and involved in "coordinated inauthentic behaviour" focusing on Hong Kong.
Posted on 20 August 2019 | 7:35 am
US Steel plans to lay off hundreds of workers in Michigan
In a Worker Adjustment and Retraining Notification filed on Aug. 5, the Pittsburgh-based company said it expects to let go fewer than 200 workers following its decision to halt production at the Michigan facility.
Posted on 20 August 2019 | 7:35 am
General Electric fortifies defence against charges of bogus accounting
The 175-page report, published on Thursday by Harry Markopolos, who blew the whistle on Bernard Madoff#39;s Ponzi scheme, renewed concern about GE#39;s finances and sent its stock tumbling.
Posted on 20 August 2019 | 7:35 am
BJP accuses Prashant Kishor#39;s team of interfering in functioning of West Bengal govt
The ruling Trinamool Congress (TMC) and Kishor#39;s organisation- the Indian Political Action Committee (I-PAC)- denied the allegations.
Posted on 20 August 2019 | 7:31 am
Army was ready for conventional war with Pakistan in run up to Balakot strikes: Sources
The Indian Army was prepared for a conventional warfare with Pakistan which would have included going inside Pakistan, the sources told PTI.
Posted on 20 August 2019 | 7:30 am
What changed for the market while you were sleeping? Top 10 things to know
Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.15 percent loss or 16.5 points.
Posted on 20 August 2019 | 7:29 am
ISRO to inject Chandrayaan 2 into lunar orbit today
There will be four more orbit manoeuvres to make the spacecraft enter into its final orbit passing over the lunar poles at a distance of about 100 km from Moon#39;s surface
Posted on 20 August 2019 | 7:20 am
A morning walk down Dalal Street | Upward momentum should strengthen further if Nifty closes above 11,150
Bank Nifty needs to hold and sustain above 28,200 levels to witness a bounce towards 28,500 then 28,750 levels, while on the downside supports are seen at 28,000 then 27,750 levels, experts said.
Posted on 20 August 2019 | 7:15 am
Wall Street rallies on hopes of global economic stimulus
The Dow Jones Industrial Average rose 249.78 points, or 0.96%, to 26,135.79, the SP 500 gained 34.97 points, or 1.21%, to 2,923.65 and the Nasdaq Composite added 106.82 points, or 1.35%, to 8,002.81.
Posted on 20 August 2019 | 7:10 am
Veteran music composer Khayyam passes away at 92
The noted composer was admitted at the ICU at Sujay Hospital in suburban Juhu due to lung infection over 10 days ago.
Posted on 19 August 2019 | 10:58 pm
DHFL makes fresh default on Rs 1,571 crore bond repayments
The defaults pertain to three cases with regard to interest payment on non-convertible debentures and commercial papers (CPs), Dewan Housing Finance Corporation Ltd (DHFL) said in a regulatory filing.
Posted on 19 August 2019 | 10:54 pm
Global network#39;s nuclear sensors in Russia went offline after mystery blast
The Russian Defence Ministry, which operates the two stations, did not immediately reply to a request for comment.
Posted on 19 August 2019 | 10:30 pm
SBI aims to eliminate debit cards
Kumar said there are around 90 crore debit cards in the country as against 3 crore credit cards, and pointed out to digital solutions like its own #39;Yono#39; platform as the key for achieving a debit card-less country.
Posted on 19 August 2019 | 10:23 pm
DHFL makes fresh default on Rs 1,571 crore bond repayments
The defaults pertain to three cases with regard to interest payment on non-convertible debentures and commercial papers (CPs), Dewan Housing Finance Corporation Ltd (DHFL) said in a regulatory filing.
Posted on 19 August 2019 | 10:54 pm
SBI aims to eliminate debit cards
Kumar said there are around 90 crore debit cards in the country as against 3 crore credit cards, and pointed out to digital solutions like its own #39;Yono#39; platform as the key for achieving a debit card-less country.
Posted on 19 August 2019 | 10:23 pm
RBI to sell G-secs worth Rs 17,000 cr on Friday
The auction will be price based using multiple price method. Up to 5 per cent of the notified amount of the sale of the stocks will be allotted to eligible individuals and institutions.
Posted on 19 August 2019 | 10:15 pm
Foodgrains production almost flat at 284.95 MT in 2018-19: Govt data
Releasing the fourth advance estimates of production of major crops for 2018-19, the agriculture ministry said the rice production is estimated at an all-time-high of 116.42 MT during 2018-19, beating the previous record of 112.76 MT achieved in 2017-18 crop year.
Posted on 19 August 2019 | 10:00 pm
Jio tops 4G download speed chart in July, BSNL fastest in 3G
State-run BSNL was the fastest 3G operator with an average download speed of 2.5 Mbps in July.
Posted on 19 August 2019 | 9:45 pm
NTPC plans 5,000-mw ultra-mega solar plant in Kutch worth Rs 20,000 cr investment
Singh said, the company is also looking at Rajasthan for setting up an ultra mega solar park. "But the amount of energy that will be produced and the quantum of investment required will be decided after the location is finalised," he added.
Posted on 19 August 2019 | 9:25 pm
Double-digit growth unlikely for FMCG sector, revival expected next year: Nestle
Narayanan added that unlike other sectors as automobile etc, FMCG would not have a degrowth as it deals with essential items and the average ticket size of sale is lower as compared to others.
Posted on 19 August 2019 | 8:50 pm
External benchmarking not necessary for monetary policy transmission: Axis Bank
Punjab National Bank#39;s Managing Director and Chief Executive Officer Sunil Mehta said that within a week#39;s time, the lender will come up with a set of loan products to be benchmarked to the policy rate.
Posted on 19 August 2019 | 8:45 pm
PTC inks pact for 720 MW Mangdechhu plant in Bhutan
The government has designated PTC as the nodal agency from Indian side to purchase surplus power from Bhutan, a company statement said.
Posted on 19 August 2019 | 8:45 pm
FM Sitharaman says corporate tax for cos to be cut gradually
In her maiden Budget last month, she had cut corporate tax for companies with annual turnover of up to Rs 400 crore to 25 per cent from 30 per cent earlier.
Posted on 19 August 2019 | 8:40 pm
Aster DM trims costs as mandatory health insurance in GCC markets hurts
Aster DM Healthcare, the multi-speciality hospital chain says it is seeing some downward pressure on package rates and delays in payments from insurance companies in the Gulf Cooperation Council (GCC) countries, especially UAE, where the healthcare provider gets lion share of its revenues.
Posted on 19 August 2019 | 8:28 pm
Setting Sail podcast | Addicted to building companies not investing, says angel investor Sanjay Mehta
Some of Mehta#39;s early investments have become top unicorns of the country, including OYO.
Posted on 19 August 2019 | 8:02 pm
Lenders to DHFL arrive at 3-level resolution plan: Report
The resolution plan involves conversion of a portion of debt into equity and issuance of non-convertible debentures.
Posted on 19 August 2019 | 7:56 pm
FMCG experts expect revival in rural demand on good monsoon
Rural growth is slowing down and is double that of urban in recent quarters
Posted on 19 August 2019 | 7:40 pm
Govt removes debenture reserve requirement for housing finance cos, NBFCs
The corporate affairs ministry on August 19 said the requirement for a DRR of 25 per cent of the value of outstanding debentures issued by listed companies, Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) has been removed.
Posted on 19 August 2019 | 7:35 pm
