National Geographic working on documentary on Pradhan Mantri Ujjwala Yojana
In the documentary, the channel will share accounts of four women talking about the change in their lives after the launch of the scheme.
Posted on 23 April 2018 | 10:41 am
FIIs bet big on India, raise stake in over 350 cos in Q1 CY18; do you own any?
Experts feel investors should do their own research before buying based on FII outlook.
Posted on 23 April 2018 | 10:37 am
Buy Britannia Industries, target Rs 6180: Yogesh Mehta
"Continuing premiumisation, significant incremental cost savings, lined up new product launches in FY19 and favourable commodity cost outlook mean that 15 percent EBITDA margins are achievable," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
Posted on 23 April 2018 | 10:34 am
Buy Shriram Transport Finance, target Rs 1925: Yogesh Mehta
"We expect return on equity to improve to over 18 percent from FY19 onwards which would be at the higher end compared to its NBFC peers and have a buy on the stock with target of Rs 1925 per share," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
Posted on 23 April 2018 | 10:31 am
Venkaiah Nadu rejects CJI impeachment motion
The motion was filed by seven Opposition parties and signed by 64 MPs.
Posted on 23 April 2018 | 10:29 am
Buy Jindal Steel Power, target Rs 361: Yogesh Mehta
"Steel production is at an inflection and expected to grow at 29 percent CAGR to 6.4MT over FY18-20. Strong long product prices in India, operating leverage and timely volume growth augur well for earnings," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
Posted on 23 April 2018 | 10:27 am
Macron warns against being #39;weak#39; with Putin
French President Emmanuel Macron warned against showing any weakness towards Vladimir Putin -- while insisting he wants to work with the Russian strongman -- in remarks broadcast Sunday on the eve of his state visit to Washington.
Posted on 23 April 2018 | 10:26 am
Naidu starts consultation process on impeachment notice against CJI
Rajya Sabha Chairman M Venkaiah Naidu today set in motion the process of consultation on the impeachment notice against Chief Justice of India Dipak Misra and held discussions with constitutional and legal experts, including Attorney General K K Venugopal.
Posted on 23 April 2018 | 10:25 am
Buy Maruti Suzuki, target Rs 10685: Yogesh Mehta
"We remain positive on Maruti Suzuki, considering multi-year favourable product lifecycle and improvement in product mix (increasing share of premium products) aiding realisations and consequently margins," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
Posted on 23 April 2018 | 10:21 am
TCS creates history! Market cap surpasses $100 billion for the first time
TCS has also crossed Accenture#39;s market capitalisation which was at USD 98 billion. TCS market cap is 52 percent higher than all the other IT index companies.
Posted on 23 April 2018 | 10:20 am
Banks should liquidate stressed power projects to remove deadwood from balance sheet
50,000 megawatts of power assets that look very likely to be taken to the NCLT have been stressed for at least three years.
Posted on 23 April 2018 | 10:18 am
Top 10 money-making ideas which could give up to 22% return in April expiry week
Here is a list of top 10 stock ideas from different experts which can offer up to 22% return in the next 30 days.
Posted on 23 April 2018 | 10:15 am
Buy IndusInd Bank, target Rs 2250: Yogesh Mehta
"The bank is targeting 25-30 percent loan growth, led by continued branch expansion and strong customer acquisition. We have a buy on the stock with target of Rs 2250," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal
Posted on 23 April 2018 | 10:13 am
Tweak strategy, Omar tells Oppn; #39;PM helped your cause with DeMo, GST#39;
Prime Minister Narendra Modi has helped the cause of the opposition with steps like demonetisation and “very shoddy� implementation of the GST regime, National Conference (NC) working president Omar Abdullah has said, and called on the Congress and other parties to “tweak� their strategy in run-up to the general elections next year to take the fight to the BJP.
Posted on 23 April 2018 | 10:12 am
Gold slips to two-week low as rising bond yields support dollar
Gold prices slipped to their lowest level in nearly two weeks on Monday as the dollar rose on the back of climbing US Treasury yields and as global political concerns eased.
Posted on 23 April 2018 | 10:11 am
US-China trade war to hurt global growth: EIU report
The report further noted that global trade growth will continue to slow in 2019-22.
Posted on 22 April 2018 | 5:43 pm
Raw, pasteurised camel milk sales soar up to 111% since 2013-14
The children having pre-treatment scores up to 75 showed improvement of 43-58 percent and children having pre-treatment score of 90 had shown improvement of up to 34 percent.
Posted on 22 April 2018 | 5:38 pm
#39;Duty Free#39; shops at Delhi International airport liable to pay GST: AAR
In the earlier regime of excise and service tax prior to GST roll out on July 1, 2017, the duty-free shops were exempt from the levy of central sales tax (CST) and value added tax (VAT) as sale from such shops were considered as exports and supplies were taking place beyond the #39;customs frontiers#39; of India.
Posted on 22 April 2018 | 1:52 pm
FPI outflow in April at Rs 8,000-cr on trade negotiations
This comes following an inflow of Rs 11,654 crore in equities last month and an outflow of over Rs 9,000 crore from the debt markets.
Posted on 22 April 2018 | 12:15 pm
Indian elephant ready to run after economic reforms: IMF official
Changyong Rhee, Director of the Asia and Pacific Department at the International Monetary Fund (IMF), also praised the Modi government for doing well in the area of reforms.
Posted on 22 April 2018 | 11:57 am
Deposits in Jan Dhan accounts cross Rs 80,000 crore
The deposits, which have been steadily rising since March 2017, were at Rs 80,545.70 crore on April 11, 2018, said a finance ministry data.
Posted on 22 April 2018 | 11:57 am
India to hit 140 MT steel production level in 2018: Minister
Domestic crude steel production is likely to be 140 MT in this year, Singh told PTI.
Posted on 22 April 2018 | 11:56 am
Uttar Pradesh to promote Noida region as electronic hub
"The Uttar Pradesh government is planning to promote Noida, Greater Noida and Yamuna Expressway as electronic manufacturing zone. Country-specific industrial parks will be set up, which will virtually act as a home away from home for the foreign companies," additional chief secretary (IT and Electronics) Sanjiv Saran told PTI.
Posted on 22 April 2018 | 11:55 am
FMCG makers expect spike in rural sales after a good monsoon prediction
The FMCG companies are expecting an improvement in the sentiment and a positive impact on demand growth in rural areas.
Posted on 22 April 2018 | 11:33 am
Govt will roll out red carpet to foreign steel cos: Official
Steel Secretary Aruna Sharma said the sector provides huge growth potential against the backdrop of the country becoming the world#39;s second largest alloy producer with increasing consumption.
Posted on 22 April 2018 | 11:32 am
No question of coal shortage during monsoon: Secy
The ministry, however, stressed that it expects power plants to lift their requirement in time to avoid any shortage which was witnessed last year after the rainy season.
Posted on 22 April 2018 | 11:32 am
FinMin examining issues in converting GSTN to govt company
These two issues, along with other transitional and operational nuances, would be placed before the Union Cabinet for consideration once the GST Council clears the proposal of turning GSTN into a majority or fully-owned government entity, a source told PTI.
Posted on 22 April 2018 | 11:28 am
Fieo writes to RBI, FinMin for reintroduction of LoUs
The Fieo, promoted by the Commerce Ministry and industry, has written to Reserve Bank Governor Urjit Patel and finance ministry seeking reintroduction of the crucial trade finance instruments, but feels that the government will have to take the lead to end the stalemate, a top Fieo official has said.
Posted on 22 April 2018 | 11:10 am
Dealing with competition issues in new age markets a #39;nuanced task#39;: CCI chief
Acknowledging that a major challenge is regulatory interventions in the digitised world, "which is characterised by network effects", Sikri said that at times traditional tools of enforcement might not be sufficient.
Posted on 22 April 2018 | 10:52 am
Probability of RBI rate hike has increased, say experts
According to domestic as well as foreign brokerage firms like Kotak Institutional Equities and Morgan Stanley, the minutes of the RBI#39;s monetary policy committee (MPC) are "hawkish" and indicate a hike in key policy rates.
Posted on 22 April 2018 | 10:20 am
National Geographic working on documentary on Pradhan Mantri Ujjwala Yojana
In the documentary, the channel will share accounts of four women talking about the change in their lives after the launch of the scheme.
Posted on 23 April 2018 | 10:41 am
FIIs bet big on India, raise stake in over 350 cos in Q1 CY18; do you own any?
Experts feel investors should do their own research before buying based on FII outlook.
Posted on 23 April 2018 | 10:37 am
Buy Britannia Industries, target Rs 6180: Yogesh Mehta
"Continuing premiumisation, significant incremental cost savings, lined up new product launches in FY19 and favourable commodity cost outlook mean that 15 percent EBITDA margins are achievable," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
Posted on 23 April 2018 | 10:34 am
Buy Shriram Transport Finance, target Rs 1925: Yogesh Mehta
"We expect return on equity to improve to over 18 percent from FY19 onwards which would be at the higher end compared to its NBFC peers and have a buy on the stock with target of Rs 1925 per share," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
Posted on 23 April 2018 | 10:31 am
Venkaiah Nadu rejects CJI impeachment motion
The motion was filed by seven Opposition parties and signed by 64 MPs.
Posted on 23 April 2018 | 10:29 am
Buy Jindal Steel Power, target Rs 361: Yogesh Mehta
"Steel production is at an inflection and expected to grow at 29 percent CAGR to 6.4MT over FY18-20. Strong long product prices in India, operating leverage and timely volume growth augur well for earnings," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
Posted on 23 April 2018 | 10:27 am
Macron warns against being #39;weak#39; with Putin
French President Emmanuel Macron warned against showing any weakness towards Vladimir Putin -- while insisting he wants to work with the Russian strongman -- in remarks broadcast Sunday on the eve of his state visit to Washington.
Posted on 23 April 2018 | 10:26 am
Naidu starts consultation process on impeachment notice against CJI
Rajya Sabha Chairman M Venkaiah Naidu today set in motion the process of consultation on the impeachment notice against Chief Justice of India Dipak Misra and held discussions with constitutional and legal experts, including Attorney General K K Venugopal.
Posted on 23 April 2018 | 10:25 am
Buy Maruti Suzuki, target Rs 10685: Yogesh Mehta
"We remain positive on Maruti Suzuki, considering multi-year favourable product lifecycle and improvement in product mix (increasing share of premium products) aiding realisations and consequently margins," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
Posted on 23 April 2018 | 10:21 am
TCS creates history! Market cap surpasses $100 billion for the first time
TCS has also crossed Accenture#39;s market capitalisation which was at USD 98 billion. TCS market cap is 52 percent higher than all the other IT index companies.
Posted on 23 April 2018 | 10:20 am
Banks should liquidate stressed power projects to remove deadwood from balance sheet
50,000 megawatts of power assets that look very likely to be taken to the NCLT have been stressed for at least three years.
Posted on 23 April 2018 | 10:18 am
Top 10 money-making ideas which could give up to 22% return in April expiry week
Here is a list of top 10 stock ideas from different experts which can offer up to 22% return in the next 30 days.
Posted on 23 April 2018 | 10:15 am
Buy IndusInd Bank, target Rs 2250: Yogesh Mehta
"The bank is targeting 25-30 percent loan growth, led by continued branch expansion and strong customer acquisition. We have a buy on the stock with target of Rs 2250," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal
Posted on 23 April 2018 | 10:13 am
Tweak strategy, Omar tells Oppn; #39;PM helped your cause with DeMo, GST#39;
Prime Minister Narendra Modi has helped the cause of the opposition with steps like demonetisation and “very shoddy� implementation of the GST regime, National Conference (NC) working president Omar Abdullah has said, and called on the Congress and other parties to “tweak� their strategy in run-up to the general elections next year to take the fight to the BJP.
Posted on 23 April 2018 | 10:12 am
Gold slips to two-week low as rising bond yields support dollar
Gold prices slipped to their lowest level in nearly two weeks on Monday as the dollar rose on the back of climbing US Treasury yields and as global political concerns eased.
Posted on 23 April 2018 | 10:11 am
Essar Steel auction: NCLT order provides clues to the road ahead for ArcelorMittal, Numetal
Apart from provisions for clearing the eligibility hurdle, the order also has direction for lenders and the resolution professional
Posted on 23 April 2018 | 7:55 am
IBC, RERA conflict apparent in some bankruptcy proceedings: Assocham
Regulation of the real estate sector remains an important driver for its growth. A well organised and regulated real estate sector is more likely to grow rapidly in the long run than an unorganised one.
Posted on 22 April 2018 | 9:01 pm
TCS bets on Business 4.0 to push digital revenue to over $5bn this year
TCS Chief Operating Officer N Ganapathy Subramaniam said Business 4.0 has worked for the company and that the strategy has the potential to drive large-scale transformation across sectors like retail, travel and hospitality, utilities etc.
Posted on 22 April 2018 | 7:40 pm
Mahindra Electric ties up with Meru for e-vehicle project
The services will be available at the same fare as governed by the Telangana government#39;s radio taxi fares for sedans.
Posted on 22 April 2018 | 5:28 pm
IPL merchandising a huge opportunity to monetise brand: Duff Phelps
Mumbai Indians with USD 106 million became the first IPL team to cross the USD 100 million mark.
Posted on 22 April 2018 | 4:47 pm
ESAF Small Finance Bank plans to raise Rs 350 cr this fiscal
The bank has already appointed investor banker for the fund-raising.
Posted on 22 April 2018 | 4:40 pm
PF weekly wrap: Things to note while filing tax-related declarations; financial lessons from IPL
By submitting your proposed investment declarations in time, you could take home a higher pay every month.
Posted on 22 April 2018 | 2:53 pm
OnePlus 6 registration now live on Amazon; use #39;Notify Me#39; option for availability updates
The phone will have 256GB storage, 8GB RAM along with an #39;iPhone X like Notch#39; display.
Posted on 22 April 2018 | 1:39 pm
Pharma weekly wrap: Some face-saving for Fortis Health ahead of crucial meet this week to finalise bids
The Board named Renuka Ramnath, founder of Multiples Alternate Asset Management and former MD CEO of ICICI Venture and Lalit Bhasin, President, Society of Indian Law Firms Managing Partner, Bhasin Co., as members of the advisory committee apart from Kapoor.
Posted on 22 April 2018 | 12:39 pm
Nirav Modi fraud: PNB moves Hong Kong court; plans legal action in others countries
The bank plans to approach other jurisdictions where Nirav Modi and his associates have assets and properties as part of recovery process, a senior PNB official said.
Posted on 22 April 2018 | 12:31 pm
BMW expects 50% of sales in India to come from X series SUVs
The company, which posted 11 percent growth in sales of BMW range of vehicles in the first quarter of 2018 at 2,377 units, also said it is looking at double-digit growth for the full year despite challenges of price hike due to increase in customs duty.
Posted on 22 April 2018 | 12:10 pm
Keys Hotels aims to add 1,500 rooms in 3 years; focusing on north
The hospitality group currently has 21 hotels in operations with 1,900 keys, of which seven are owned by the company, seven are franchise-based and seven are under contract management.
Posted on 22 April 2018 | 11:59 am
Volvo Cars seeks incentives to push hybrid vehicles in India
The automaker, which sells plug-in hybrid model XC 90 in India, is also seeking lower import duties in the country.
Posted on 22 April 2018 | 11:33 am
6 of top 10 most-valued Indian cos together add Rs 91,153 cr in m-cap
While Tata Consultancy Services (TCS), HDFC Bank, ITC, HUL, Infosys and Kotak Mahindra Bank were on the biggest gainers, Reliance Industries (RIL), HDFC, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap).
Posted on 22 April 2018 | 11:30 am
Mundra Solar eyes to become $1 bn company in 2-3 years
The company is also hoping to scale up its manufacturing capacity of modules and cells from the current 1,200 MW to around 3,000 MW in the next 2-3 years.
Posted on 22 April 2018 | 11:13 am
