CALL OF 21/06/16 TUESDAY
Sell Mc DOWELL ltp 2459
sl 2484
trgt 2418/2380
FIRST TRGT DONE
Sell Mc DOWELL ltp 2459
sl 2484
trgt 2418/2380
FIRST TRGT DONE
Wednesday, 22 June 2016
Market Update
Sgx Nifty -16 pts
Dow +24.86 pts ,Nsdq +6.55 pts , S&P +5.65 pts , Bovespa +508 pts , Ftse +22 pts , Dax +53 pts , Cac +26 pts , Nikkei -137 pts, now, Crude @ $50.34 brl (+0.49), Brent @ $50.62 brl (-0.03) , Gold @ $1271.50 (-1.00), Silver @ $17.28 (-0.03), Euro @ $1.1250, JPY @ $104.7700, INR @ $67.4900
Today's Corporate Action
22nd June Ex Date
HINDUNILVR
Final Dividend - Rs. - 9.5000
Today's Data Alert
Jun 22: Money supply as on Jun 10, by RBI.
Today's Global Data
Jun 22: US API statistical bulletin for week ended Jun 17; 0200 IST
Jun 22: US Secretary of the Treasury Lew chairs Financial Stability
Oversight Council meeting; 0200 IST
Jun 22: UK June agents' summary of business conditions; 1400 IST
Jun 22: US MBA mortgage applications survey for week ended Jun 17; 1630 IST
Jun 22: US Jan-Mar state personal income; 1800 IST
Jun 22: US April house price index; 1830 IST
Jun 22: European Union June FCCI flash consumer confidence indicator; 1930
IST
Jun 22: US Federal Reserve Chair Yellen presents monetary policy report to House Financial Services Committee; 1930 IST
Jun 22: US May existing home sales; 1930 IST
Jun 22: US EIA petroleum status report for week ended Jun 17; 2000 IST
Jun 22: Eurosystem conducts first operation in new series of targeted
longer- term refinancing operations
Jun 22: UK final day of campaigning before European Union referendum
Jun 22: European Central Bank Governing Council non-monetary policy meeting
Jun 22: Japan April final labour survey
Economic Times
Business Standard
Ø Fed wary on rates due to Brexit: Yellen
Ø JLR could face 1 billion pound Brexit hit: Reports
Ø China’s ‘global’ currency is going local now
Ø Cabinet likely to consider mega spectrum auction plan
Ø Ramdev's Patanjali to raise its first project loans
Ø Most operators fail Mumbai call drop test: Trai
Ø India's FDI inflows may cross $60 bn this year: UN Economist
Ø Government to turn attention to spectrum sale, textiles
Ø Indian companies, markets on edge as the UK votes on EU
Ø Local sourcing waives to give Apple's distribution a leg-up
Ø Sebi approves BSE, NSE for electronic book mechanism launch
Ø Bank of India sells 18% stake in Star Union Dai-ichi Life
Ø YES Bank plans to raise $1 bn from international markets
Ø Monsoon finally arrives in north, drought-hit parts of India
Business Line
Ø I-T dept to block PAN, LPG subsidy of wilful tax defaulters
Ø United Spirits seeks shareholders nod for BIFR protection
Ø 7 merchant bankers evince interest in managing OIL stake sale
Ø DIPP keen to support traders in ease of doing business
Ø Riding on reforms, private players bet big on power transmission
Mint
Ø Corporate debt worth Rs6.7 trillion face risk of default: India Ratings
Ø Deveshwar to lead ITC as non-executive chairman after term ends
Ø Govt plans incentive to shift cargo transport from roads to waterways
Ø Reliance bets on Jio to expand retail footprint
Financial Express
Ø Sensex closes 54 points down on profit-booking, Nifty ends tad below 8,220
Ø India to become member of the SCO this week
Ø Mahanagar Gas IPO oversubscribed 1.10 times on Day 1
Ø Nexit: Nikesh Arora quits as Softbank President and COO
Ø Brexit speculation shaking global economy: World Bank
Ø Maruti ramping up Baleno production as demand rises, cuts waiting period
Financial Chronicle
Ø Impose penalty, initiate prosecution of non-filers: I-Tax dept
Ø British IT firm merges with Indian software company
Ø Irdai nod for electronic policies, pension plans
Ø Mallya resigns as chairman of Bayer CropScience
Ø India wheat imports surging to decade high on shortage
Ø Govt team on Mozambique trip to explore pulses imports
Tuesday, 21 June 2016
Market Update
Sgx Nifty -9 pts
Dow +129.71 pts ,Nsdq +36.86 pts , S&P +12.03 pts , Bovespa +795 pts , Ftse +182 pts , Dax +330 pts , Cac +146 pts , Nikkei -9 pts, now, Crude @ $49.09 brl (-0.28), Brent @ $50.65 brl (+1.48) , Gold @ $1290.50 (-1.60), Silver @ $17.48 (-0.03), Euro @ $1.1322, JPY @ $103.8200, INR @ $67.3187
Today's Corporate Action
21st June Ex Date
EVERESTIND
Dividend - Rs. - 5.0000
TATAMETALI
Dividend - Rs. - 2.0000
Today's Data Alert
Jun 21: 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 21: Bank of Japan monetary policy meeting minutes; 0520 IST
Jun 21: Japan April all industry index; 1000 IST
Jun 21: Japan May supermarket sales; 1030 IST
Jun 21: Japan May steel production; 1030 IST
Jun 21: Germany's Constitutional Court ruling on European Central Bank's bond-buying scheme; 1330 IST
Jun 21: UK May public sector finances; 1400 IST
Jun 21: Germany June ZEW economic sentiment indicator; 1430 IST
Jun 21: UK June CBI industrial trends survey; 1530 IST
Jun 21: US The Retail Economist/Goldman Sachs chain store sales index for
week ended Jun 18; 1715 IST
Jun 21: US Johnson Redbook retail sales index for week ended Jun 18; 1825 IST
Jun 21: European Central Bank President Draghi to appear at Committee on Economic and Monetary Affairs; 1830 IST
Jun 21: US Federal Reserve Chair Yellen presents monetary policy report to Senate Banking Committee; 1930 IST
Jun 21: Bank of England conducts additional indexed long-term repo operation
Economic Times
· Nestle plans up to 25 products to take on rivals like Patanjali
· Labour ministry lines up update of four key laws for Cabinet’s approval
· Government begins mapping of region-specific exports
· Brexit may have adverse impact on Jaguar Land Rover's operations
· No magic button for Maggi growth: Suresh Narayanan, Nestle India
· New norm may open doors for Apple Stores in India
· Goldman Sachs' fund to invest $250 million in Essel Highways
· Ola expands into two new categories - outstation and rental
· Kharif sowing begins as monsoon finally hits north, central India
· Narendra Modi government to introduce scheme for speedy redressal of grievances on services
· PM Narendra Modi's ministers slow in adopting a second village under SAGY
· Brexit effect: Darjeeling tea producers put price talks on hold
· CCI dismisses allegations against Nissan Motor
· Times Internet to invest $100 million in marketing technology platform Colombia
· CLP buys 49 per cent in Suzlon’s solar project in Telangana
· FSSAI bans use of potassium bromate as food additive
· Zydus Healthcare buys 2 ANDAs from Teva
Business Line
· Apollo, Chinese company to set up hospital in Hainan
· Sony Pictures looks beyond cricket, bets big on sporting cluster
· Maruti sees strong growth this fiscal
· CIL’s cash pile under pressure as share buyback looms
· JLR launches Discovery Sport petrol variant at Rs. 56.50 lakh
· Gayatri Projects bags ₹700-crore order for Navi Mumbai airport
· NSG: India ‘optimistic’, but China says issue not on Seoul meet agenda
Business Standard
· Modi, Jaitley to decide Rajan's successor
· RCom-Aircel merger talks for another fortnight
· Vistara aims for foreign skies in 18-24 months
· Flipkart remains defiant as sellers protest over new norms
· KPMG, 3 others line up to be BoB's property advisor
· Essar Oil looks to double petrol pumps to 4,300 in 18 months
Mint
· JLR India taps parent for smaller engines to circumvent diesel ban
· Govt says Apple has to apply again for local sourcing waiver for India stores
· Uttam Galva files with BIFR as losses exceed net worth
· India allows 100% FDI in defence via govt approval
· Centre’s credit guarantee scheme worries RBI
· BTI Payments looking to raise Rs250 crore from PE funds
Monday, 20 June 2016
Market Update
Sgx Nifty -55 pts
Dow -57.94 pts ,Nsdq -44.58 pts , S&P -6.77 pts , Bovespa +122 pts , Ftse +70 pts , Dax +80 pts , Cac +40 pts , Nikkei +350 pts, now, Crude @ $48.29 brl (-0.31), Brent @ $49.17 brl (0.00) , Gold @ $1293.50 (-1.30), Silver @ $17.44 (+0.02), Euro @ $1.1321, JPY @ $104.7900, INR @ $67.0850
Today's Corporate Action
20th June Ex Date
DAMOTH
Final Dividend - Rs. - 1.2000
PSB
Dividend - Rs. - 1.6500
Today's Data Alert
Jun 20: CPI for rural and farm labourers for May, by Labour Bureau.
INDIA News
Economic Times
· Amid global woes, India a bright spot for automaker Volkswagen
· Govt decides to electrify 5.98 crore un-electrified households by 2018
· PM Modi sets infrastructure targets for ministries
· Govt to replace pen and paper with tablets for data collection
· 100 SP MLAs may be denied tickets in 2017 polls
· Subros resumes full supply to Maruti
· Government exhorts Hyundai to set up its 3rd plant in India
· Odisha electronics park likely to attract Rs 1,000 crore investment
· Mother Dairy eyes revenue jump with e-tailers tie-up
· Siemens-Gamesa wind energy merger to help Siemens get stronghold in Indian wind market
· Will not cut goverment stake in power PSUs below 51%: Piyush Goyal
· Indian Oil Corp slashes oil import tender time by half
· L&T Hydrocarbon Engineering bags orders worth Rs 1,170 crore
· IIPA seeks level playing field for e-pharmacy space
· Government set to release revised biosimilar guidelines in July 2016
· Auction of coal linkages for cement sector by month-end
· Amazon ties up with Vodafone to acquire 'hesitant' customers
· Former CFO Kalyan Krishnamurthy to take charge of Flipkart's commerce business
Business Line
· Manufacturing States will be net gainers under GST, says Jaitley
· Volvo Eicher gathers speed on monsoon demand drive
· Tata Steel to ramp up production at Kalinganagar
· Oil India-led consortium to buy 23.9% stake in Vankorneft
Business Standard
· India Inc hits pause button on fresh investments
· Blackstone begins to consolidate office assets
· BSNL contracts HFCL to 'rewire' armed forces
· Foxconn one of few companies that can revive Nokia plant: TWTC official
· ICICI Bank attracts Rs 3 lakh crore digital biz in FY16
· Essar Oil looks to double petrol pumps to 4,300 in 18 months
· GVK EMRI service hits bumpy road in Chhattisgarh
· CCI again rejects complaint against Warner Bros, 5 others
Mint
· Reliance Jio may launch services by September: officials
· Airtel Open Network ad campaign looks to temper call drop ire
· Reliance Jio vs Airtel battle may still be some time away
· Boeing, Tata Advanced Systems to make Apache helicopter fuselages
· HDFC Bank CEO Aditya Puri’s salary hiked 32% to Rs9.73 crore in FY16
· Jack Ma’s Ant Financial plans to buy 20% stake in Ascend Money
· Govt IT spending to touch $7 billion in 2016: Gartner
· HSBC says unit to book $585 million charge on settlement
Friday, 17 June 2016
Market Update
Sgx Nifty +58 pts
Dow +92.93 pts ,Nsdq +9.98 pts , S&P +6.49 pts , Bovespa +496 pts , Ftse -16 pts , Dax -56 pts , Cac -18 pts , Nikkei +259 pts, now, Crude @ $46.18 brl (-0.03), Brent @ $47.19 brl (-1.78) , Gold @ $1284.10 (-14.10), Silver @ $17.28 (-0.32), Euro @ $1.1243, JPY @ $104.4800, INR @ $67.2775
Today's Corporate Action
17th June Ex Date
UNIONBANK
Dividend - Rs. - 1.9500
Today's Data Alert
Jun 17: TERM REPO: 14-day variable rate term repo for 185 bln rupees. Bids
to be submitted between 1100 and 1130 IST.
Jun 17: WMA and forex reserves as of Jun 10, by RBI.
Today's Global Data
Jun 17: US Federal discount window borrowings; 0200 IST
Jun 17: US foreign central bank holdings data; 0200 IST
Jun 17: US money stock measures; 0200 IST
Jun 17: UK May Knight Frank housing price sentiment index; 0431 IST
Jun 17: Japan May nationwide department store sales data; 1100 IST
Jun 17: Japan May Tokyo area department store sales; 1100 IST
Jun 17: European Union April balance of payments; 1330 IST
Jun 17: Bank of England Jan-Mar statistics on UK banks' external claims;1400 IST
Jun 17: European Union Jan-Mar labour cost index; 1430 IST
Jun 17: US May new residential construction data; 1800 IST
Jun 17: US May regional and state employment data; 1930 IST
Jun 17: European Central Bank President Draghi to speak; 2030 IST
Jun 17: ECOFIN meeting of European Union finance ministers
Jun 17: Japan June economic report
Economic Times
Business Standard
Ø StanChart denies SBI-led banks' collusion with Mallya
Ø Capping air fares on regional routes negative: Report
Ø US current account trade deficit at highest level in 7 yrs
Ø BoE says Brexit would pose risks to global economy
Ø S&P, Dow poised for worst losing streak since August
Ø Govt says closely monitoring possible fallouts of Brexit
Ø HDFC Life, Max Life in talks to create India's biggest pvt life insurer
Ø Double taxpayer base to 100 mn, PM to taxmen
Ø Q4 current account deficit narrows to 0.1% of GDP
Ø Govt asks state companies to stop imports, buy coal from CIL
Ø Indian government to spend $7 bn on IT in 2016: Gartner
Ø Sebi to pave way for offshore fund managers to relocate to India
Ø Sebi frowns upon United Breweries over Mallya's board seat
Ø Fitch assigns BBB- rating to NTPC with stable outlook
Ø Draft GST law envisages harsher penalties for tax evaders
Business Line
Ø Massive trade deficit of US with India, China, Mexico: Trump
Ø ‘May stop funds to states for power scheme irregularities’
Ø SEBI to Religare: refund money to art fund investors
Ø McNally Bharat, arm, Kilburn merger is closer
Ø SEBI directs NCDEX to suspend trading in chana contracts
Ø Moody’s revises Tata Power’s outlook to negative from stable
Mint
Ø NCLT constitutes committee for considering FTIL asset sales
Ø RBI governor Raghuram Rajan faces ghosts of rupee’s past
Ø IFC to invest up to $75 million in Glenmark Pharma
Ø RBI may accept top-rated corporate bonds as collateral in liquidity ops
Ø IDFC Alternatives fund may buy 275MW solar assets from ACME
Ø Rising sugar prices may draw unwanted attention
Financial Express
Ø Sensex closes 200 points down as Brexit remains a worry, Nifty settles at 8,140,
Ø Abolish income tax to push growth: Subramanian Swamy
Ø Government slaps 20% duty on sugar exports
Ø Bangladesh, India launch trans-shipment operations
Ø 'Mark 1' maker CREO rolls out update for FUEL Operating System
Financial Chronicle
Ø Vistara, AirAsia India seek quick fleet growth
Ø Indian stocks face trouble as US VIX surges ahead
Ø MCX plans to launch 5 new contracts in agri segment
Ø Just Dial, UTI MF, IRCTC in Fortune India Next 500 list
Ø Tatas join Uber to sell cars with buying options
Ø Sahara auction: Sebi adds 16 new parcels
Thursday, 16 June 2016
NIFTY VIEW @ 09:05
Nifty 50 (8206)
Nifty yesterday bounced back from the support zone ans has resumed with uptrend signals .
Levels were mentioned in our weekly report of 8060..8090
Now today if trades above 8220 it can rise upto the positional resistance zone of 8270..8300.
This time it can break this zone and it can show 8600 in coming days.
Nifty 50 (8206)
Nifty yesterday bounced back from the support zone ans has resumed with uptrend signals .
Levels were mentioned in our weekly report of 8060..8090
Now today if trades above 8220 it can rise upto the positional resistance zone of 8270..8300.
This time it can break this zone and it can show 8600 in coming days.
Economic Times
Business Standard
Ø RBI Governor Raghuram Rajan faces ghosts of rupee's past
Ø Cabinet clears bill for speedy recovery of bad loans
Ø US industrial output falls in May, manufacturing slips
Ø Cabinet's nod to merger of 5 associate banks with SBI
Ø Japanese, Chinese realtors bullish on Indian realty
Ø Trade surplus in services expands to $5.72 billion
Ø Oil at $45-$50 can supply deficit: Goldman Sachs
Ø Fed leaves interest rates unchanged, signals two hikes this year
Ø Trade deficit widens to three-month high in May
Ø UK Treasury chief warns of tax rises in case of EU exit
Ø Companies Act needs further amendments: Report
Ø CERC observes market violations by power exchanges
Ø 22% rain deficiency due to slow-progress of SW monsoon
Ø European investors buy heavily into gold ahead of Brexit poll
Business Line
Ø Bill seeking special status for India fails to pass US Senate
Ø HUDCO’s 10% stake-sale plan gets Cabinet nod
Ø India-EU project for waste water reuse raises crop yield
Ø Cabinet clears civil aviation policy
Ø Automatic info exchange: India, Switzerland agree to speed up pact
Ø MNRE to set up 1,000 MW wind power projects
Mint
Ø LIC willing to be partner in India’s maiden sovereign wealth fund
Ø Reliance Jio may launch services by September: officials
Ø ChrysCapital, GIC may buy SBI’s 5% stake in NSE
Ø Nippon Express in talks to buy 43% stake in TVS Logistics
Ø Marc Andreessen sees big exits for tech start-ups in next wave
Ø India car firms form consortium for electric vehicle components
Ø Rupee closes up 0.17% against US dollar
Financial Express
Ø Exports post marginal drop in May as non-oil sectors recover
Ø SoftBank sees up to $2.4 bn profit on Alibaba share sale
Ø Indian real estate may attract $2 billion investment from Japan
Ø Gold imports decline 39 per cent to $1.47 bn in May
Ø Trade unions threatens strike over NITI Aayog's proposal to sell Air India
Ø PNGRB drops 7 out of 11 cities for CNG retail licenses
Financial Chronicle
Ø India's GDP growth to cross 8% this fiscal: Panagariya
Ø Fertiliser output likely to set new record in FY17
Ø Vedanta shareholders’ nod to hike inter-corporate loan
Ø CCI to probe 3 more complaints against Monsanto
Ø Sebi confirms ban on 19 entities in tax evasion case
Ø JLR begins operations at Brazilian plant
Market Update
Sgx Nifty -6 pts
Dow -34.65 pts ,Nsdq -8.62 pts , S&P - 3.82 pts , Bovespa +266 pts , Ftse +43 pts , Dax +87 pts , Cac +41 pts , Nikkei -92 pts, now, Crude @ $47.47 brl (-0.54), Brent @ $48.97 brl (-0.86) , Gold @ $1296.70 (+8.40), Silver @ $17.57 (+0.06), Euro @ $1.1260, JPY @ $105.9200, INR @ $67.1525
US GENERIC GOVT. 10-YEAR YIELD : 1.5584%
Today's Corporate Action
16th June Ex Date
ABHIJIT
Dividend - Rs. - 0.6000
ASIANPAINT
Final Dividend - Rs. - 5.3000
AVANTEL
Dividend - Rs. - 1.0000
GULPOLY
Final Dividend - Rs. - 1.7500
ICICIBANK
Dividend - Rs. - 5.0000
UPL
Dividend - Rs. - 5.0000
VIDLI
Dividend - Rs. - 0.2500
Today's Data Alert
Jun 16: Rainfall for week to Jun 15, by IMD.
Jun 16: Water level in major reservoirs as of Jun 16, by CWC.
Today's Global Data
Jun 16: US April Treasury international capital data; 0130 IST
Jun 16: UK CBI, PWC financial services survey; 0431 IST
Jun 16: Germany Ifo economic forecast; 1330 IST
Jun 16: European Central Bank's economic bulletin; 1330 IST
Jun 16: UK May monthly retail sales data; 1400 IST
Jun 16: European Union May harmonised consumer price index print; 1430 IST
Jun 16: UK June interest rate decision; 1630 IST
Jun 16: Bank of England monetary policy committee meeting minutes; 1630 IST
Jun 16: US Federal Reserve Bank of Philadelphia June business outlook
survey;1800 IST
Jun 16: US Jan-Mar international transactions data; 1800 IST
Jun 16: US unemployment insurance claims report for week ended Jun 11
Jun 16: US May real earnings; 1800 IST
Jun 16: US May consumer price index data; 1800 IST
Jun 16: US weekly export sales data; 1800 IST
Jun 16: US June NAHB housing market index; 1930 IST
Jun 16: US EIA natural gas storage report for the week ended Jun 10; 2000
IST
Jun 16: Japan monetary policy meeting decision
Jun 16: UK Chancellor of the Exchequer Osborne, Bank of England Governor Carney to speak
Jun 16: Eurogroup meeting of eurozone finance ministers
Jun 16: European Union May new passenger car registrations
Jun 16: European stability mechanism board of governors to meet
Jun 16: International Monetary Fund's regular press briefing
Jun 16: US OCED economic survey
Wednesday, 15 June 2016
Market Update
Sgx Nifty -2 pts
Dow -57.66 pts ,Nsdq -4.89 pts , S&P - 3.74 pts , Bovespa -1010 pts , Ftse -121 pts , Dax -138 pts , Cac -96 pts , Nikkei -22 pts, now, Crude @ $47.78 brl (-0.71), Brent @ $49.83 brl (-0.52) , Gold @ $1288.80 (+0.70), Silver @ $17.41 (+0.00), Euro @ $1.1211, JPY @ $106.0300, INR @ $67.2675
US GENERIC GOVT. 10-YEAR YIELD : 1.6078%
Today's Corporate Action
15th June Ex Date
INFRATEL
Buy Back of Shares
ORIENTBANK
Dividend - Rs. - 0.7000
STRTECH
Spin Off
Today's Global Data
Jun 15: US API statistical bulletin for week ended Jun 10; 0200 IST
Jun 15: Japan May revised machine tool orders; 1130 IST
Jun 15: UK April CML lending trends; 1400 IST
Jun 15: UK May unemployment figures; 1400 IST
Jun 15: European Union April foreign trade data; 1430 IST
Jun 15: US MBA mortgage applications survey for the week ended Jun 10; 1630
IST
Jun 15: US June Empire State manufacturing survey; 1800 IST
Jun 15: US May producer price index; 1800 IST
Jun 15: US May industrial production, capacity utilisation; 1845 IST
Jun 15: US EIA petroleum status report for week ended Jun 10; 2000 IST
Jun 15: US interest rate decision followed by US Federal Reserve Chair
Yellen's press briefing; 2330 IST
Jun 15: US Federal Reserve economic projections; 2330 IST
Jun 15: US Delaware separation day holiday
Jun 15: Bank of Japan monetary policy meeting
Economic Times
· Tata Power to buy 25% in Resurgent for Rs 1,800 cr
· RBI's new debt recast norms credit positive for banks: Icra
· Niti Aayog singles out 32 sick PSUs for strategic sale
· PGCIL may sell stake to mop up Rs 12,000 crore
· Telecom gear makers Ericsson, Nokia initiate 5G talks
· SBI plans civil proceedings against errant promoters
· Brexit fears drive German bond yields to below zero
· Toyota overtakes Tata Motors in May, is number 4 now
· 22% rain deficit delays crop planting, triggers rise in food prices
· Maharashtra government advises farmers to refrain from sowing till June 18
· NITI Aayog submits roadmap for PSU reforms to Prime Minister's Office
· GST to be levied at first point of transaction: model law
· Bombay High Court stays retrospective roll-out of new bonus payment act
· Odisha supports GST, claims Rs 2,755 crore as CST compensation
· India's investments at 10-year low in 2015: World Bank
· Ministry of New and Renewable Energy to set up 1000 MW wind power projects
· Amul keen on Rs 400 crore project in drought-hit Vidarbha: Nitin Gadkari
· Suven gets patent for CNS molecules from Canada, Hong Kong
· Ajanta Pharma launches anti-dementia drug in US
· Telecom Minister Ravi Shankar Prasad rules out penal power to Trai
· Mobile data revenues to reach Rs 95,500 crore by FY 2021: ICRA
· Reliance Jio takes 6th spot on data usage, Airtel comes out on top
· 'Jio expects 2.5 mln users with 50 mln GB data usage before commercial launch'
Business Line
· Nava Bharat Ventures set to commission Zambia thermal power plant
· Essar Steel’s online sales taking wings
· Parth Jindal appointed MD of JSW Cement, will take over in July
· Honda Amaze crosses two lakh sales mark in India
· AccorHotels plans to add 14 new Novotel properties in India
· Food prices push wholesale inflation up to 19-month high
· Monsoon set to extend coverage over India, says Australian met bureau
Business Standard
· Vijay Mallya declared proclaimed offender
· M&M to enter intermediate CV market
· BHEL commissions 195 MW unit at Muzaffarpur plant
· Madras HC sets aside govt order denying Sun's FM channels to participate in Phase III auction
· Equity mutual funds' asset base climbs 14% to Rs 3.7 lakh cr in May
· Govt mulls Rs 10,000-cr bioenergy mission from FY18
· Panel wants Centre to pare stake in PSUs
Mint
· ChrysCapital, GIC may buy SBI’s 5% stake in NSE
· Mahanagar Gas finalizes Rs1,040 crore IPO
· Bharti Airtel, Singtel join hands to provide better network quality in 325 cities globally
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