CALL OF 30/06/2016 THURSDAY
@ 10:40
Buy Eq Yes Bank ltp 1078
sl 1068
trgt 1102
TRGT HIT
@ 10:40
Buy Eq Yes Bank ltp 1078
sl 1068
trgt 1102
TRGT HIT
Thursday, 30 June 2016
Market Update
Sgx Nifty +39 pts
Dow +284.96 pts ,Nsdq +87.38 pts , S&P +34.68 pts , Bovespa +995 pts , Ftse +219 pts , Dax +164 pts , Cac +106 pts , Nikkei +164 pts, now, Crude @ $49.49 brl (-0.39), Brent @ $50.61 brl (+2.01 ) , Gold @ $1318.40 (-8.40), Silver @ $18.34 (-0.07), Euro @ $1.1122, JPY @ $102.8400, INR @ $67.6850
Today's Corporate Action
30th June Ex Date
BIRLACORPN
Dividend - Rs. - 6.0000
RISHIROOP
Dividend - Rs. - 0.8000
SOUTHBANK
Dividend - Rs. - 0.5000
Today's Data Alert
Jun 30: CPI for industrial workers for May, by Labour Bureau.
Jun 30: Core sector growth for March, by commerce and industry ministry
Jun 30: Government finances for May, by CGA.
Jun 30: Water level in major reservoirs as on Jun 30, by CWC.
Jun 30: Rainfall for week to Jun 29, by IMD.
Today's Global Data
Jun 30: US June agricultural prices data; 0430 IST
Jun 30: US Federal Reserve Board releases latest comprehensive capital analysis and review results; 0215 IST
Jun 30: UK June consumer confidence survey; 0435
Jun 30: Japan May preliminary industrial production data; 0520 IST
Jun 30: Eurozone summit concludes after UK voted to leave in referendum
Jun 30: Japan, May auto production data; 0030 IST
Jun 30: Japan May construction orders data; 1030 IST
Jun 30: Germany May retail trade data; 1130 IST
Jun 30: Germany June data on labour market statistics; 1330 IST
Jun 30: UK data on balance of payments for Apr-Jun; 1400 IST
Jun 30: UK Apr-Jun data on quarterly national accounts; 1400 IST
Jun 30: UK Apr-Jun business investment revised results; 1400 IST
Jun 30: UK April monthly service sector figures; 1400 IST
Jun 30: Eurozone June flash estimate euro area inflation; 1430 IST
Jun 30: UK April service sector figures; 1400 IST
Jun 30: US Apr-Jun international investment position; 1800 IST
Jun 30: US unemployment insurance claims report for week ended Jun 25; 1800 IST
Jun 30: US weekly export sales data; 1800 IST
Jun 30: US Bloomberg Consumer Comfort Index; 2015 IST
Jun 30: US June ISM-Chicago Business Survey, Chicago PMI; 2015 IST
Jun 30: US EIA Weekly Natural Gas Storage Report for week ended Jun 24;1900 IST
Jun 30: Federal Reserve Bank St. Louis President Bullard to speak at SBE
annual dinner; 2200 IST
Economic Times
Business Standard
Ø Telcos may seek withdrawal of Trai’s paper on free data
Ø SEBI issues new norms for foreign portfolio investors
Ø CME group may pick up stake in MCX
Ø Minority shareholders take Ricoh India to task
Ø One country can't stop India's NSG membership: US
Ø India lifts ban on trade of certain items with Iran
Ø Dubai awards Alstom-led consortium $ 2.88 bn metro
Ø Cabinet approves new mineral exploration policy
Ø GST passage to be key to monsoon session success
Ø General Motors' market share goes below 1% in India
Ø Sebi has no jurisdiction to pursue NSEL scam
Ø New law allows shops, malls, eateries to stay open 24x7
Ø Supereme Court declines stay on payment to Sasan UMPP
Ø Service tax dept begins e-auction for Mallya's luxury jet
Business Line
Ø Cabinet clears pay hike for 1 cr govt employees, pensioners
Ø No dual power tariff for coop, public sector cogeneration plants
Ø ArcelorMittal buys back bonds worth $576.30 mn
Ø L&T Infotech’s ₹1,233-crore IPO to open on July 11
Ø Vedanta beats mine blues to generate ₹11,000-cr cash in FY16
Ø Central govt staff disappointed, call for strike on July 11
Mint
Ø Raghuram Rajan resists plan to fund banks from RBI coffers
Ø Monsoon session of Parliament to start on 18 July
Ø Brexit will not affect UK sale process: Tata Steel
Ø Govt decides to extend budgetary grants to Gail, GSPC
Ø Siemens India chasing large orders, says CEO Sunil Mathur
Ø Govt targets $8.9 billion in energy efficiency cost savings
Financial Express
Ø India has shown sustained commitment to non-proliferation: US
Ø SBI seeks DRT certificate to recover debts from Mallya
Ø Irdai imposes Rs 10 lakh penalty on Max Life Insurance
Ø Crayon Software appointed Microsoft's cloud distribution partner
Ø No expectation of major reforms from government: Ruchir Sharma
Financial Chronicle
Ø Consumer spending to rise 5% with central pay hike
Ø Brexit to have major impact on earnings: Suzuki Motors
Ø NMEP will permit auction of 100 mineral blocks
Ø Toyota recalls 3.37m cars over airbag, emissions issues
Ø Sensex rallies 216 pts on govt wage bonanza, GST hopes
Ø Uday may not destabilise fiscal consolidation: Ind-Ra
Ø GIC Re eyes new markets to grow foreign business
Wednesday, 29 June 2016
Market Update
Sgx Nifty +9 pts
Dow +269.48 pts ,Nsdq +97.42 pts , S&P +35.55 pts , Bovespa +761 pts , Ftse +158 pts , Dax +178 pts , Cac +104 pts , Nikkei +129 pts, now, Crude @ $48.21 brl (+0.36), Brent @ $48.58 brl (+1.36 ) , Gold @ $1317.40 (-0.40), Silver @ $17.86 (-0.02), Euro @ $1.1074, JPY @ $102.6500, INR @ $67.9525
US GENERIC GOVT. 10-YEAR YIELD : 1.4545%
Today's Corporate Action
29th June Ex Date
DABUR
Final Dividend - Rs. - 1.0000
HAVELLS
Final Dividend - Rs. - 3.0000
HDFCBANK
Dividend - Rs. - 9.5000
OBIL
Final Dividend - Rs. - 0.6000
Today's Global Data
Jun 29: US API weekly statistical bulletin; 0110 IST
Jun 29: US Federal Reserve Governor Powell speaks in Chicago; 0430 IST
Jun 29: Japan May preliminary data on retail sales; 0500 IST
Jun 29: Japan June provisional trade statistics for 1st 10 days of Month; 0500 IST
Jun 29: Japan May data on detailed import and export statistics; 0600 IST
Jun 29: UK financial policy committee meeting attended by Bank of England
Governor;
Jun 29: First eurozone summit since UK's vote to leave European Union
Jun 29: Bank of England to conduct additional Indexed Long-Term Repo
Jun 29: Germany, July GfK consumer climate survey; 1130 IST
Jun 29: Japan May steel imports, export statistics data; 1130 IST
Jun 29: UK June nationwide house price index; 1130 IST
Jun 29: UK May data on lending to individuals and businesses; 1410 IST
Jun 29: Bank of England effective interest rates for May; 1410 IST
Jun 29: UK May monetary, financial statistics; 1410 IST
Jun 29: Eurozone June business and consumer surveys; 1430 IST
Jun 29: US MBA weekly mortgage applications survey for week ended Jun 24; 1630 IST
Jun 29: Germany June provisional CPI; 1730 IST
Jun 29: US May data on personal income and outlays; 1810 IST
Jun 29: US May pending home sales index; 1930 IST
Jun 29: US EIA Weekly Petroleum Status Report for week ended Jun 24; 1810
IST
Economic Times
Business Standard
Ø India Inc's balance sheet improving: RBI's Financial Stability Report
Ø India will soon get Diamond Quadrilateral: Mos
Ø India gets top rating for prudent financial mkt norms
Ø India's growth may dip by 60 bps on Brexit, predicts Morgan Stanley
Ø RBI to remain open to facilitate transactions on July 1
Ø VW settles emissions cheating cases for over $15 bn
Ø Europe asks UK for swift exit to limit global fallout
Ø Stressed firms coming back on track: RBI
Ø Indian banks' bad loans may rise to 8.5% by March 2017: RBI
Ø Better monsoon to reduce price pressure in pulses: study
Ø Consolidation of banks in India risky, warns rating agency Moody's
Ø Reliance Group debt reduction plan hinges on assets sale
Ø 30 of 50 banks may not be able to meet capital adequacy norms: RBI
Ø Tepid growth in Q1 corporation tax collections
Business Line
Ø China threatens WTO case over US steel duties
Ø Europe presses for quick Brexit to limit global fallout
Ø Govt plans to take up strategic sale of at least one PSU this fiscal
Ø Cabinet may consider Mineral Policy on Wednesday
Ø Tata Comm to sell South African arm Neotel for Rs 2,904 cr
Ø Brexit fallout: ‘Rupee depreciation will help India’s exports’
Mint
Ø Majority in RBI advisory panel supported no rate cut in June policy review
Ø RBI report says NBFCs improving on performance metrics
Ø JSW Steel seeks shareholder nod to raise up to $2 bn in foreign currency bonds
Ø Religare Finvest acquires ABG Shipyard’s pledged shares to take 24.49% stake
Financial Express
Ø Sensex ends 121 points up on firm global cues, Nifty settles above 8,120
Ø Over $8 bn funding in mobile-based startups in 5 years: Report
Ø US first-qrter GDP revised higher, but consumer spending weak
Ø India's garment exports may hit $20 billion in FY17
Ø India has shown sustained commitment to non-proliferation: US
Financial Chronicle
Ø India ranks low at 105th on human capital index
Ø EPFO set to hike proportion of ETF investments
Ø Govt enhances financial powers of ministers, depts
Ø 7th pay panel: cabinet may clear increase today
Ø PC shipments in India decline by 7.4% in Q1, 2016
Ø Southwest monsoon to pick up in July, August
Tuesday, 28 June 2016
Market Update
Sgx Nifty -56 pts
Dow -210.51 pts ,Nsdq -113.53 pts , S&P -36.87 pts , Bovespa -859 pts , Ftse -156 pts , Dax -288 pts , Cac -122 pts , Nikkei -245 pts, now, Crude @ $46.65 brl (+0.32 ), Brent @ $47.16 brl (-1.25 ) , Gold @ $1328.40 (+3.70), Silver @ $17.79 (+0.04), Euro @ $1.1015, JPY @ $101.9100, INR @ $67.9450
Today's Corporate Action
28th June Ex Date
None
Today's Data Alert
Jun 28: TERM REPO: 14-day variable rate term repo for 185 bln rupees. Bids
to be submitted between 1100 and 1130 IST.
Today's Global Data
Jun 28: Germany, data on foreign trade price indices for May; 1130 IST
Jun 28: UK June CBI Monthly Distributive Trades Survey; 1530 IST
Jun 28: US Retail Economist/Goldman Sachs Weekly Chain Store Sales
Index for week ended Jun 25; 1715 IST
Jun 28: US Apr-Jun 3rd estimate GDP; 1800 IST
Jun 28: US Apr-Jun data on revised corporate profits; 1800 IST
Jun 28: US Johnson Redbook Retail Sales Index; 1825 IST
Jun 28: US Apr S&P 1830 IST Case-Shiller Home Price Index; 1830 IST
Jun 28: US June Richmond Fed Business Activity Survey; 1930 IST
Jun 28: US June Consumer Confidence Index; 1930 IST
Economic Times
Business Standard
Ø Net neutrality: US follows Indian counterpart Trai’s steps
Ø EU leaders reject informal talks with UK on EU exit
Ø Goldman Asset Management sees UK downgrade
Ø Rules for creating RBI monetary policy committee notified
Ø World Bank President Jim Yong Kim to visit India
Ø NSE to file draft papers for domestic listing by Jan 2017
Ø Govt bonds oversubscribed; FPIs bid worth Rs 9,348 crore
Ø Brexit only a near-term worry: Poll
Ø Govt requires Rs 1.4 lakh cr to meet road targets for FY17
Ø RBI sets rupee reference rate at Rs 68 against US dollar
Ø Bank debt bears brunt of Brexit turmoil
Ø Online system to check delay in pension soon: Govt
Ø FDI relaxation credit positive for India: Moody's
Ø Mukesh Ambani's pvt firms hit slow lane
Business Line
Ø Britain can cope with EU exit turmoil: Osborne
Ø Sterling hits 31-year low; gilt yield below 1% for first time ever
Ø India officially joins Missile Technology Control Regime
Ø FM to meet industry chambers, CAs on black money window
Ø Reliance ADAG looks to sale of tower, road assets to ease debt
Ø MNRE asks states to set up 1 lakh family size bio-gas plants
Mint
Ø India among Asia’s least exposed to Brexit: Morgan Stanley
Ø Sebi set to allow e-commerce firms to sell mutual funds
Ø Titan is slowly reinventing itself to keep up with the times
Ø Sistema to buy back 17% of Indian unit Sistema Shyam TeleServices from Russia govt
Ø Starbucks, Tata extend partnership beyond India
Financial Express
Ø S&P cuts UK sovereign rating from AAA to AA
Ø Goldman Sachs sees post-Brexit UK recession; cuts EU, US growth
Ø 'US-India investment treaty 'a bit more difficult' now'
Ø ECB, BoE and Fed heads cancel panel chat after Brexit vote
Ø David Cameron hails 'partner' India in post-Brexit statement
Financial Chronicle
Ø China eyes steel merger to create rival to ArcelorMittal
Ø Science & tech key to 4% agri growth: official
Ø Siemens wins Rs 570 cr order from Power Grid Corp
Ø Due diligence must when taking personal loan
Ø L&T faces challenges in getting large deals
Ø Nissan ties up with MyTVS to expand service outlets
Monday, 27 June 2016
Nifty 50 (8088)
Nifty showed selling pressure after the brexit reaction but it also recovered sharply from its lows on Friday and gave close above 8050..8080 zone.
This week being an expiry week it can show volatility.
Above 8100 it can bounce and cover the gap upto 8190.
But if maintains below 8050..8000 can further fall down to the positional support of 7940...7824...7680.
Nifty showed selling pressure after the brexit reaction but it also recovered sharply from its lows on Friday and gave close above 8050..8080 zone.
This week being an expiry week it can show volatility.
Above 8100 it can bounce and cover the gap upto 8190.
But if maintains below 8050..8000 can further fall down to the positional support of 7940...7824...7680.
Economic Times
· SBI’s Arundhati Bhattacharya may get 1-year extension
· Fairfax Financial Holdings seeks RBI approval for 10% stake in Kerala’s Catholic Syrian Bank
· Unlike 2008, Indian firms well hedged now for Brexit
· Banks set to lobby RBI for liberal loan recast norms
· Reliance Jio’s Amitabh Jaipuria steps down ahead of companies’s big 4G launch
· Discoms stuck in slow lane on revising power tariffs
· Coal India asks subsidiary Central Coalfields Limited to clarify share valuation norm
· Russia’s giant Vankor oilfield reaches peak production level: ONGC
· Indian Motorcycle eyes volume ramp-up with 'Scout 60'
· Maruti Suzuki's compact SUV Vitara Brezza, Toyota's Innova make it to top passenger vehicle list in May
· It is business as usual: Jaguar Land Rover on Brexit
· Two UVs in top 10 passenger vehicles list in May
· Tepid response to auction for solar projects in Gujarat
· Asian Paints to invest Rs 4,000 crore in new units at Karnataka, AP
· Dr Lal PathLabs eyeing 18 per cent growth in FY17
Business Line
· We are staying true to our $5-b investment plan: Venkatesh Kini
· No impact of Brexit on tourism, says Thomas Cook chief
· Emerging markets like India will be at advantage after Brexit: Gopichand Hinduja
· Suzlon commissions 4.2 MW wind project in Gujarat
· 1-MW power plant at Chennai Metro
· Adani Enterprises raises Rs. 150 cr via NCDs
· CII, Hind Unilever join hands for food safety
· Leather exports may take a beating
· Nestle does exclusive sale of Maggi Hot Heads on Snapdeal
· Maruti announces week-long free service camp
Business Standard
· New spectrum pill for data scarcity
· Audit giants see dominance waning
· Videocon goes for asset sale to tide over debt levels
· With 31% jump, HDFC Bank's Aditya Puri top gainer in salary hike
· Bank mergers likely to happen after SBI consolidation, says finance ministry official
· TVS Electronics expects POS business to grow at 12-15%
· V-Guard looks at powerless homes in UP, Eastern India for its solar solution
· Radial tyre imports surge
· Aban's subsidiary bags order worth Rs 592 crore from ONGC
· Essar Energy sells 50% stake in KPRL to Kenyan Government
· Brexit impact: Indian tea export realisation from UK to fall 7-8%
· Are shareholders getting raw deal in Strides UK arm sale?
· BSNL to install 2,000 new mobile towers in Chhattisgarh: Prasad
· UDAY bonds find flavour with life insurers
Mint
· Bajaj Finserv likely to buy out Allianz’s stake in insurance joint ventures
· Sebi set to allow e-commerce firms to sell mutual funds
· Reliance’s game plan for Jio
· Titan is slowly reinventing itself to keep up with the times
· IIFL looks to raise Rs750 crore realty debt fund
· Mahindra and Mahindra bounce back may be priced in
· Bank of Baroda will sell non-core assets gradually: chairman Ravi Venkatesan
· Rapid growth of MFIs’ gross loan portfolio sets alarm bells ringing
· Bajaj Finserv likely to buy out Allianz’s stake in insurance joint ventures
· The metamorphosis of ITC under Y.C. Deveshwar
· Mahanagar Gas IPO does not move the needle much for GAIL
Market Update
Sgx Nifty -54 pts
Dow -610.32 pts ,Nsdq -202.06 pts , S&P -75.91 pts , Bovespa -1450 pts , Ftse -199 pts , Dax -399 pts , Cac -359 pts , Nikkei +231 pts, now, Crude @ $48.01 brl (-0.40 ), Brent @ $50.91 brl (+1.03 ) , Gold @ $1336.20 (+13.10), Silver @ $17.88 (+0.09 ), Euro @ $1.1031, JPY @ $102.1200, INR @ $67.9688
Today's Corporate Action
27th June Ex Date
FCH
Final Dividend - Rs. - 2.4000
PFIZER
Dividend - Rs. - 15.0000
Friday, 24 June 2016
Market Update
Sgx Nifty -106 pts
Dow +230.24 pts ,Nsdq +76.72 pts , S&P +27.87 pts , Bovespa +1400 pts , Ftse +76 pts , Dax +185 pts , Cac +85 pts , Nikkei -295 pts, now, Crude @ $49.87 brl (-0.24 ), Brent @ $50.91 brl (+1.03 ) , Gold @ $1269.20 (+6.10), Silver @ $17.38 (+0.02), Euro @ $1.1346, JPY @ $104.7400, INR @ $67.2513
Today's Corporate Action
24th June Ex Date
None
Today's Data Alert
Jun 24: WMA and forex reserves as on Jun 17, by RBI.
Today's Global Data
Jun 24: US foreign central bank holdings; 0200 IST
Jun 24: US federal discount window borrowings; 0200 IST
Jun 24: US money stock measures; 0200 IST
Jun 24: Federal Reserve Bank of Dallas President Kaplan to speak; 0300 IST
Jun 24: UK June Hometrack house price index; 0431 IST
Jun 24: Bank of Japan's summary of opinions; 0520 IST
Jun 24: Japan May services producer price index; 0520 IST
Jun 24: Germany June Ifo business climate index; 1330 IST
Jun 24: UK May BBA main high street banking groups statistics; 1400 IST
Jun 24: US May advance report on durable goods; 1800 IST
Jun 24: US June University of Michigan final consumer survey; 1930 IST
Jun 24: People's Bank of China Governor Xiaochuan to deliver International Monetary Fund Michel Camdessus central banking lecture; 2000 IST
Economic Times
· FSSAI proposal on juice in drinks to trigger more launches
· No more confused signals from government: KM Birla
· JSW Energy gives Jaypee power assets another shot
· Reliance Communications, Aircel combined entity to have Rs 25K crore business
· Bharti Airtel completes sale of Burkina Faso subsidiary
· Vodafone India, Idea Cellular likely to put in $4.5 billion of bids for 4G spectrum
· PSBs told to cut stakes in asset reconstruction companies
· Small town buyers add to sales of super bikes like Harley Davidson, Ducati and others
· Allahabad Bank aims for 20% retail loan growth, expects consumption-led growth
· RRB employees call three-day strike from June 28
· State-run oil firms looking to buy stake in Rosneft: Dharmendra Pradhan
· Siemens wins Rs 83 crore order from Diesel Locomotive Works
· Rs 10 lakh crore investment needed to meet 1.5 billion tonne coal output target: Study
· Sun Pharma bets on new products to boost US skincare products growth
Business Line
· Biocon, Quark get DCGI nod for trials on new eye drug
· Ban on large diesel vehicles a short-term phenomenon: T R Parasuraman
· With orders worth over ₹1,000 crore,KEC International expects 8.5% margin
· CNG-powered 2-wheelers to hit the streets as part of pilot plan
· MBD Group brings Steigenberger Hotels to India; to open 20 units over 15 years
· RPower to get ₹113 -cr compensation from Tilaiya UMPP power buyers
· Red FM launches retro music station Redtro
· Honda BR-V crosses 10,000 bookings mark
· Greenply Industries to raise up to Rs. 100 cr
· Hindusthan National Glass sells European arm
Business Standard
· India embraces LTE tech as 4G buzz gets louder
· China, others stonewall India's NSG bid
· Govt staff face two-year wait for allowance hike
· RCom's tower sale race opens again
· PM to flag off 69 Smart City projects worth Rs 1,770 crore
· Ola now party in challenge by Uber on Karnataka norms
· Future Group plans biggest retail space addition this yr
· Ciaz drives Maruti in sedan segment
· New aviation policy fails home-grown airlines, says SpiceJet chief
· TPG may be in last lap to buy ICICI Home Finance
· IOC plans 33% rise in annual capex
· Hindusthan National Glass sells arm in Europe for Rs 175 crore
· Sun announces share buyback
· ABP Group CEO addresses annual MD review a day after Aveek Sarkar steps down
· Nasscom aims at top 3 position for India in big data analytics by 2025
· Logistics management software FarEye raises $3.5 mn from Saif Partners
Mint
· Monsoon deficit shrinks, to reach north-west India in 3-4 days
· ONGC in talks with petrochemical companies to sell 25% stake in OPaL
· Uber, Karnataka govt continue row over permit
· General Motors India defers Halol plant closure until March 2017
· TA Associates in talks to buy stake in owner of fashion brand ‘W’
· For aviation sector, jump in FDI likely from the Gulf
Thursday, 23 June 2016
Market Update
Sgx Nifty +24 pts
Dow -48.90 pts ,Nsdq -10.44 pts , S&P -3.45 pts , Bovespa -681 pts , Ftse +34 pts , Dax +55 pts , Cac +12 pts , Nikkei +52 pts, now, Crude @ $48.85 brl (-0.52 ), Brent @ $49.88 brl (-0.74 ) , Gold @ $1264.10 (-5.90), Silver @ $17.24 (-0.07), Euro @ $1.1331, JPY @ $104.7200, INR @ $67.4800
Today's Corporate Action
23rd June Ex Date
INDIANB
Dividend - Rs. - 1.5000
INDUSINDBK
Dividend - Rs. - 4.5000
MAANALU
Final Dividend - Rs. - 0.5000
PINCON
Bonus Issue 1:1
TAMBOLI
Dividend - Rs. - 0.6000
VOITHPAPR
Dividend - Rs. - 4.0000
WELSPUNGUJR
Dividend - Rs. - 0.5000
WELSPUNIND
Final Dividend - Rs. - 0.0500
Today's Data Alert
Jun 23: Water level in major reservoirs as on Jun 23, by CWC.
Jun 23: Rainfall for week to Jun 22, by IMD.
Today's Global Data
Jun 22: Japan April final labour survey
Jun 23: Japan June flash manufacturing purchasing managers' index; 0730 IST
Jun 23: Japan April revised business conditions indexes; 1030 IST
Jun 23: UK votes in EU referendum; 1130 IST
Jun 23: Germany June flash purchasing managers' index; 1300 IST
Jun 23: European Union June flash purchasing managers' index; 1330 IST
Jun 23: UK May CML mortgage lending figures; 1400 IST
Jun 23: Federal Reserve Bank of Chicago May national activity index; 1800
IST
Jun 23: US Jan-Mar travel, tourism satellite account; 1800 IST
Jun 23: US unemployment insurance -- initial claims for week ended Jun 18;
1800 IST
Jun 23: US weekly export sales; 1800 IST
Jun 23: US June flash manufacturing purchasing managers' index; 1915 IST
Jun 23: US May leading indicators; 1930 IST
Jun 23: US May new residential sales; 1930 IST
Jun 23: US EIA natural gas storage report for week ended Jun 17; 2000 IST
Jun 23: Federal Reserve Bank of Kansas City June survey of Tenth District manufacturing; 2030 IST
Jun 23: European Union May new commercial vehicle registrations statistics
Jun 23: European Central Bank General Council meeting
Jun 23: European Systemic Risk Board general board meeting
Economic Times
· Why monsoon prediction is hard, and why it could soon improve
· Companies step up retail focus to beat slowdown blues
· Deadline for states to join Uday extended to Mar 2017
· Cabinet clears Rs 6,000cr package for textile sector
· ONGC tech director gets CVC clean chit
· Notice to Reliance Power for Tilaiya coal block delay
· Reliance Jio must target Rs 250 monthly ARPU to get reasonable returns in five years: CLSA
· Government plan to fix stressed assets by December end
· Companies like Voltas, HPCL and others focus on consumer business to overcome slowdown
· Tata Motors’ Jaguar Land Rover fears losses from Brexit: Report
· Banks will lend to kirana stores but not fancy startups: RBI Governor Raghuram Rajan
· NPAs lead to slow credit growth, not high interest rates: RBI's Raghuram Rajan
· Essar’s general counsel Hemant Kumar resigns to join L&T
· Honda Cars receives 10k bookings for BR-V since launch
· Domestic steel producers likely to require 96 million tonne of coking coal by FY2020
· Rs 10 lakh crore investments needed for 1.5 bn tonne coal output: Report
· TRAI floats consultation paper on Internet Telephony
· Kolkata Port Trust records highest monthly container throughput
Business Line
· It’s a joy ride for MNCs in the Indian scooter market
· Coal Ministry show-cause to RPower on mine development delay
· CESC wins power distribution franchise licence from Rajasthan utility
· BASF to acquire Chemetall for $3.2 bn
· ICRA downgrades Deepak Fertilizers' NCD issue, term loans
· Siemens wins Rs. 83 cr order from Diesel Locomotive Works
· V-Guard plans to set up water heater, fans manufacturing units
· Logistics portal BlackBuck ties up with IOC for fuel discounts
· Food regulator proposes changes in juice content for fizzy drinks
· ICRA puts Fortis Healthcare on ratings watch
Business Standard
· Govt clears biggest spectrum auction
· LIC chairman S K Roy quits 2 years before his term ends
· Air India made a record Rs 1-cr profit a day during Deveshwar's tenure
· Nippon Paints plans retail format to offer painting service with products
· Force Motors opens engine plant for Mercedes
· GVK: No relief from rising interest costs
· Insecticides (India) to set up manufacturing unit in UP
· OIL-led consortium inks deal for 24% stake in Vankor oil field
· Mallya resigns as chairman of Bayer CropScience
· Lupin gets USFDA nod for fungal infection drug
· 2,839 bottles made by Sun Pharma Inc being recalled in US
· Dalmia Bharat Group eyes Rs 1,500 cr business in Odisha
· New avatar for Zee's mobile TV platform
· Eros to buy 50% stake in Vashu Bhagnani's Puja Films
Mint
· Are telecom firms the govt’s golden goose?
· Tech Mahindra acquires UK-based digital player The BIO Agency
· Indian Oil to join NTPC, Coal India for fertilizer projects
· Is the Tata Steel sale process on track?
· Cabinet withdraws drugs and cosmetics amendment bill
· Stage set for India’s largest spectrum auction
· Reliance bets on Jio to expand retail footprint
· ITC’s new chief will have a tough act to follow
· Varun Beverages files draft papers for IPO
· Sebi may scrap planned listing platform for start-ups
· PVR earmarks up to Rs 250 crore capex for FY17
Subscribe to:
Posts (Atom)