• India right example for ensuring vaccine equity, stepping up manufacturing: Leaders at World Economic Forum

  Leaders at the World Economic Forum on Monday said everyone else needs to follow the Indian model to ensure vaccine equity and wider inoculation.
  39 minutes ago — Moneycontrol

• Inflation in crisis-hit Sri Lanka hits new record

  The National Consumer Price Index rose 33.8 percent year-on-year in April, more than six times the 5.5 percent inflation of a year earlier.
  40 minutes ago — Moneycontrol

• Dimon Says ‘Storm Clouds’ Over The U.S. Economy May Dissipate

  Jamie Dimon said the U.S. economy remains strong, and potential obstacles to growth are not set in stone.
  40 minutes ago — Bloomberg Quint

• SIA at 75% of pre-COVID capacity in India; eyes 100% by end-2022

  Delhi is back to pre-COVID seat capacity levels, and Mumbai will return to 100 percent levels in the coming weeks/months. The airline was operating the Airbus A380 aircraft from Mumbai and Delhi in the pre-COVID times as well, so there has been no new addition to seat capacities in either city.
  41 minutes ago — Moneycontrol

• Realme Pad Mini Review: An entry-level tablet that holds up well for education and entertainment

  Considering its affordable pricing, does the Realme Pad Mini have what it
  49 minutes ago — Moneycontrol

• Marico Buys 54% Stake In True Elements

  This marks Marico’s third investment in a direct-to-consumer startup.
  49 minutes ago — Bloomberg Quint
  • Marico acquires D2C breakfast and snacks brand True Elements 49 minutes ago — Moneycontrol

• Zomato Q4 Results: Consolidated loss widens to Rs 360 cr as expenses mount

  Consolidated revenue from operations rose 75% to Rs 1,212 cr
  50 minutes ago — Business Standard
  • Zomato's March Quarter Loss Widens On Rising Expenses 50 minutes ago — NDTV Business
  • Zomato Q4 Results: Net loss nearly triples to Rs 360 crore; revenue spikes 75% 50 minutes ago — Economic Times
  • Zomato Q4 Results: Net loss widens to Rs 360 cr 50 minutes ago — Business Standard
  • Divi’s Labs Q4 Results: Profit surges 78% YoY to Rs 895 crore, beats estimates 50 minutes ago — Economic Times

• Government's Measures To Combat Inflation May Hurt Growth

  India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening
  54 minutes ago — NDTV Business

• Chinese company seen as frontrunner for RailTel orders amid India-China tensions

  Hikvision is the frontrunner for a contract issued by state-run RailTel Corporation of India for surveillance cameras and could potentially find its way into the Indian Railway network, say sources
  57 minutes ago — Moneycontrol

• Marico Acquires 54% Stake In Breakfast And Snacks Brand True Elements

  Marico on Monday said it has acquired a majority 54% stake in the digital-first healthy breakfast and snacks brand True Elements.
  58 minutes ago — Bloomberg Quint

• Actis acquires Hyderabad-based Rx Propellant

  Rx Propellant is a leading player in the life sciences real estate sector.
  58 minutes ago — Moneycontrol

• Live: At WEF summit, Zelenskyy asks world to shun Russia, invest in Ukraine

  LIVE news updates: Kyiv say 87 people had been killed last week when Russian forces struck a barracks housing troops in the north.
  1 hour ago — Business Standard

• Ola Electric Starts Deliveries Of Units Bought In Latest Purchase Window

  Ola Electric has commenced deliveries of S1 Pro scooter to customers within 24 hours of their purchase.
  1 hour ago — Bloomberg Quint

• Laminar bags $5.1 million funding to help media firms build streaming services

  Laminar CEO Narendra Nag said this investment will enable them to scale their business and expand their global footprint.
  1 hour ago — Moneycontrol

• QUAD Summit | India joins 12-nation economic partnership declaration to keep supply chains free, frame trade rules in Indo-Pacific

  The US-led Indo-Pacific Economic Framework for Prosperity (IPEF) adds for the first time an economic angle to the QUAD, which has till now focussed on strategic cooperation. A statement from the White House suggests the move is aimed at removing the Chinese stronghold on the regional economy, but the areas of ambition include trade standards and digital economy, where India has clashed with developed economies on policy.
  1 hour ago — Moneycontrol

• #MCAtDavos Day 1 Top Newsmakers: KT Rama Rao, CoinSwitch, Easemytrip, LuLu, Builder.ai & Sadhguru

  #MCAtDavos Day-1: Special broadcast on Moneycontrol with all the day's big stories and headlines. This edition of the world economic forum holds special relevance, for it is after two years that the gathering has convened at Davos, in person. Coming to you at a time extremely polarized global politics and a business order that is under duress, we will be telling you what are issues the global leadership is talking about. Every evening, block your calendar, as we come to you with the day's top news from Davos, and the newsmakers.
  1 hour ago — Moneycontrol

• Zomato Q4 Results | Net loss widens to Rs 359 crore, revenue comes in at Rs 1,211.8 crore

  Zomato reported an EBITDA loss of Rs 449.7 crore in Q4 FY22, as compared to a loss of Rs 153.5 crore in the corresponding period last year.
  1 hour ago — Moneycontrol
  • Zomato Q4 Results: Net loss nearly triples to Rs 360 crore; revenue spikes 75% 1 hour ago — Economic Times
  • Zomato Q4 Results: Net loss widens to Rs 360 cr 1 hour ago — Business Standard
  • Divi’s Labs Q4 Results: Profit surges 78% YoY to Rs 895 crore, beats estimates 1 hour ago — Economic Times

• Tech View: Nifty sees selling at high; likely to stay in 16,000-16,400 range

  "The 16,400 level proved to be a strong barrier yet another time. The hourly chart shows that the upper end of an upward sloping channel also created pressure near 16,400. The overall structure shows that the Nifty50 is likely to witness sideways action in the short term. The 16,000-16,400 is expected to be the range for the next few sessions," said Gaurav Ratnaparkhi at Sharekhan.
  1 hour ago — Economic Times

• Davos WEF 2022 | Infra Projects Stuck In Vicious Cycle Of Pending Payments, Says HCC's Ajit Gulabchand

  Ajit Gulabchand calls for factoring in rate hikes into the cost of construction.
  1 hour ago — Bloomberg Quint
  • Davos WEF 2022 | India Set To Continue Radical Reforms, Says Niti Aayog CEO Amitabh Kant 1 hour ago — Bloomberg Quint

• Mixed Reactions By Steel Industry On Export Duty Hike, Import Duty Waiver

  Government's decision to remove import duty on certain raw materials of steel industry will lead to lower costs for domestic steel manufacturers
  1 hour ago — NDTV Business
  • Steel Products' Rates May Fall By 10% For Domestic Producers: EEPC 1 hour ago — NDTV Business

• Higher cost impact on infra said to have led to moves to rein in steel prices

  The Prime Minister’s Office had greenlit higher duties on export of iron ore and removal of import duties on steel inputs such as coke. Designed to reduce the domestic price of steel and ensure stable supply, the move has led to metal stocks melting down.
  1.5 hours ago — Moneycontrol

• Market movers: LIC yet to see a positive close, Kaveri Seeds narrows losses

  The market cap of LIC now stands at 5,16,657.44 crore, which makes it the sixth largest company in the country. The stock has fallen 14 per cent since listing and have made shareholders poorer by about Rs 85,000 crore.
  1.5 hours ago — Economic Times

• Davos 2022: 'Pandemic created 573 new billionaires, time to tax the rich,' says Oxfam

  Davos 2022: Oxfam added that an annual wealth tax on millionaires of two percent, and five percent for billionaires, could generate $2.52 trillion a year. Such a wealth tax would help lift 2.3 billion people out of poverty
  1.5 hours ago — Moneycontrol

• RBI penalises Bilaspur Nagrik Sahakari Bank for violating norms

  The bank had not adhered to prudential inter-bank (gross) exposure limit, the RBI said in a release.
  1.5 hours ago — Moneycontrol

• Centre bulldozing federal structure; BJP rule worse than that of Hitler, Stalin: Mamata Banerjee

  Mamata Banerjee stated that central agencies should be given autonomy” to protect democracy.
  1.5 hours ago — Moneycontrol

• Davos meetings are full of potential but rarely full of solutions

  The World Economic Forum is gathering again and the list of economic problems facing the world is long and getting longer
  1.5 hours ago — Moneycontrol

• RBI sets up committee to review customer service standards

  The six-member committee will also look into the adequacy of customer service regulations and suggest measures to improve customer service, the RBI said in a release
  1.5 hours ago — Moneycontrol

• KTM Launches New Bike Priced At Rs 3.13 Lakh

  Premium motorcycle maker KTM on Monday announced the launch of its next-gen 2022 KTM RC 390, which is priced at Rs 3,13,922.
  1.5 hours ago — Bloomberg Quint

• India, U.S. Sign Key Investment Incentive Agreement

  India and the U.S. signed an investment incentive agreement to promote U.S. investments in the key sectors of the country.
  1.5 hours ago — Bloomberg Quint

• A Hot, Deadly Summer Is Coming With Frequent Blackouts

  There won’t be enough energy supplies to go around as sweltering heat boosts power demand in the months ahead, putting lives at risk.
  1.5 hours ago — Bloomberg Quint

• Indo-Pacific Economic Framework: PM Modi joins US President Joe Biden in IPEF launch

  President Biden launched a new trade deal with 12 Indo-Pacific nations to strengthen their economies.
  1.5 hours ago — Moneycontrol

• Moneycontrol Pro​ Panorama | Putting inflation back in the bottle

  In today’s edition of Moneycontrol Pro​ Panorama: PM on why Japan matters to India, Paytm’s valuation shock, steel stocks in the line of fire, the Eastern Window and more
  1.5 hours ago — Moneycontrol

• Mahindra & Mahindra to explore more partnerships for EV parts

  Anish Shah said Mahindra had over time focussed on developing EV components in-house, but now changed tack to forge partnerships to achieve faster growth in the segment.
  2 hours ago — Moneycontrol
  • Mahindra To Explore More Partnerships For Electric Vehicle Parts, Says CEO 2 hours ago — NDTV Business

• Supreme Court On GST Council: Time To Bury The Differences And Move On

  Should states weaponise Supreme Court's GST Council verdict for political mileage, it would hurt them before it harms the nation.
  2 hours ago — Bloomberg Quint

• Stock market update: Sugar stocks down as market falls

  The 30-share BSE Sensex closed down 37.78 points at 54288.61
  2 hours ago — Economic Times
  • Stock market update: FMCG stocks up as market falls 2 hours ago — Economic Times
  • Stock market update: Stocks that hit 52-week lows on NSE in today's trade 2 hours ago — Economic Times
  • Stock market update: Fertilisers stocks down as market falls 2 hours ago — Economic Times
  • Stock market update: Mining stocks down as market falls 2 hours ago — Economic Times
  • Stock market update: Power stocks down as market falls 2 hours ago — Economic Times
  • Share market update: Most active stocks on D-Street today in terms of volume 2 hours ago — Economic Times
  • Stock market update: Mining stocks down as market rises 2 hours ago — Economic Times
  • Stock market update: Power stocks up as market rises 2 hours ago — Economic Times
  • Share market update: Most active stocks of the day in terms of total traded value 2 hours ago — Economic Times
  • Stock market update: FMCG stocks up as market rises 2 hours ago — Economic Times
  • Stock market update: Fertilisers stocks up as market rises 2 hours ago — Economic Times
  • Stock market update: Sugar stocks down as market rises 2 hours ago — Economic Times

• With D-Street outlook uncertain, here's what investors should do now

  The main question is what are the implications of high inflation and monetary tightening for stock markets? How should investors respond to this situation?
  2 hours ago — Economic Times

• Fuel duty cut and steel export duty positive for auto sector going ahead: Shashank Srivastava, Maruti Suzuki

  “It is only last year that we found the entry segment coming down a little more sharply than in the past. We believe that is obviously a function of affordability. As far as the demography is concerned, we are a very young nation and we would always have a large percentage of first time buyers and there have been 47-48% first time buyers consistently for the last 20-22 years and that has not changed.”
  2 hours ago — Economic Times

• Markets pare gains to end flat in volatile trade; Sensex slips 38 points as metal stocks crack

  The broader NSE Nifty declined 51.45 points or 0.32% to end at 16,214.70
  2 hours ago — The Hindu Business
  • Share market update: Most active stocks in today's market in terms of volume 2 hours ago — Economic Times
  • Share market update: Most active stocks of the day in terms of traded value 2 hours ago — Economic Times
  • Share market update: Most active stocks on D-Street today in terms of volume 2 hours ago — Economic Times
  • Share market update: Most active stocks of the day in terms of total traded value 2 hours ago — Economic Times
  • Sensex jumps 311 points in early deals 2 hours ago — The Hindu Business

• India, Japan are 'natural partners': PM Modi to Indian community in Tokyo

  PM Modi also said that India's relationship with Japan is of spirituality, of cooperation and of belonging
  2 hours ago — Business Standard

• Stock market update: Stocks that hit 52-week highs on NSE in today's trade

  Akshar Spintex, SP Refractories Ltd., Commercial Engg, Apcotex Ind and Lancer Container Lin, hit their fresh 52-week highs during the day.
  2 hours ago — Economic Times
  • Stock market update: Stocks that hit 52-week lows on NSE in today's trade 2 hours ago — Economic Times
  • Stock market update: Stocks that hit 52-week lows on NSE 2 hours ago — Economic Times
  • Stock market update: Stocks that hit 52-week highs on NSE 2 hours ago — Economic Times

• Gyanvapi case: Court reserves order, verdict to be pronounced tomorrow

  A fresh plea seeking permission to worship the 'Shivling' claimed to have been found on the mosque premises during a videography survey ordered by a lower court was also filed
  2 hours ago — Business Standard

• Sri Lanka is a small preview of a global default crisis

  What happens in Sri Lanka matters way beyond its borders. Global markets see it as a bellwether for a raft of potential defaults across the developing world as countries face a growing, post-pandemic debt burden
  2.5 hours ago — Moneycontrol
  • Economic turmoil in Sri Lanka is small preview of a global default crisis 2.5 hours ago — Business Standard

• The COVID pandemic is ‘most certainly not over’: WHO chief Tedros Adhanom Ghebreyesus

  The UN health agency’s director-general, Tedros Adhanom Ghebreyesus, told officials gathered in Geneva for opening of the WHO’s annual meeting that “declining testing and sequencing means we are blinding ourselves to the evolution of the virus.” He also noted that almost 1 billion people in lower-income countries still haven’t been vaccinated.
  2.5 hours ago — Moneycontrol

• Moneycontrol PRO and Espresso present Super25 3.0 on Monday, 23rd May, at 8 pm, with Santosh Meena on “Magic of Options Chain with Technicals”

  In the nineteenth webinar on Stock Trading Online Conference, we are joined by Santosh Meena, Head of research, Swastika investmart ltd. The webinar will go live on this page at 8 pm on Monday, 23rd May.
  2.5 hours ago — Moneycontrol

• Maruti Suzuki to acquire AI firm Sociograph Solutions

  SSPL is an artificial intelligence (AI) software company that specialises in visual AI platform predominantly used to help enterprises improve sales experiences and improve efficiency in their business.
  2.5 hours ago — Moneycontrol

• Aether Industries IPO: All You Need To Know

  Aether Industries IPO will open on May 24 and close on May 26.
  2.5 hours ago — Bloomberg Quint

• Google’s complicated relationship with Tinder parent

  The Match Group vs. Google case will go up for hearing in April 2023, and until then their relationship status will remain complicated.
  2.5 hours ago — The Hindu Business

• Zelensky calls for more weapons in his Davos address, says time running out

  The world should be united and set a precedent to deter larger countries from launching a "brutal invasion" against their smaller neighbours, Zelensky said in a virtual address to WEF
  2.5 hours ago — Moneycontrol

• Indian Hotels Eyes 33% Operating Margin By 2025

  Indian Hotels has set itself a target of 33% operating margin by 2025, says Puneet Chhatwal, MD & CEO.
  2.5 hours ago — Bloomberg Quint

• Terra Luna Recovers By 60% After Collapse

  Terra USD and its sister coin Terra (Luna) witnessed a massive crash in price earlier this month 
  2.5 hours ago — NDTV Business

• Fuel price cut: Not surprised to see opposition taking credit for Centre's excise duty reduction: Hardeep Singh Puri

  Minister of Petroleum and Natural Gas Hardeep Singh Puri expresses his disappointment over Rajasthan, Kerala and Maharashtra taking credit for reduced excise duty by the central government and not decreasing VAT.
  2.5 hours ago — Moneycontrol

• Alibaba, Antfin Sell Entire 43% Stake In Paytm Mall For Rs 42 Crore

  The transaction values Paytm Mall at Rs 103 crore.
  2.5 hours ago — Bloomberg Quint

• Entry barriers for banking licence in India are high… very high

  It is also not clear what it takes to get a bank licence in India. In the recent list of rejections, not much is said about why the applications are rejected 
  2.5 hours ago — Moneycontrol

• Gainers & Losers: 10 stocks that moved the most on May 23

  Among sectors, auto, capital goods, and IT indices added 0.5-1 percent, while the metal index shed 8 percent, and the realty, pharma, and oil & gas index fell 1 percent.
  2.5 hours ago — Moneycontrol

• Bitcoin Recovers After Longest Run Of Weekly Losses Since 2011

  Bitcoin rose as much as 1.8% on Monday after it fell for seven straight weeks, the longest losing streak since August 2011.
  3 hours ago — Bloomberg Quint

• Pfizer/BioNTech say 3 COVID shots generate good response in under-5s

  The companies said the vaccine was safe and well-tolerated by the children, and they plan to soon ask global regulators to authorize the shot for the age group, children for whom no vaccine is currently approved in most of the world.
  3 hours ago — Moneycontrol

• Telangana | Will BJP’s anti-minority stand help its electoral prospects?

  The BJP has been focusing on Telangana ever since it posted an impressive victory in the Greater Hyderabad Municipal Corporation elections in late 2020 when it won 47 of the 150 seats, emerging a close second to the TRS 
  3 hours ago — Moneycontrol

• Live: Japan's role in India's development important, says Modi in Tokyo

  LIVE news updates: A court in Varanasi hearing the Gyanvapi mosque case will pass orders on Tuesday on when the fresh hearing will start and the procedure to be followed
  3 hours ago — Business Standard
  • Live: UP court to give order tomorrow on fresh hearing in Gyanvapi case 3 hours ago — Business Standard

• Is there a case to look at beaten down capital goods stocks? Rana B Gupta answers

  “Some of the smallcap and midcap names have corrected much more than the frontline names. So some of them, particularly in sectors like industrials, chemicals, movie exhibition, hospitality and travel related spaces, are beginning to look quite interesting. Largecap IT companies which are very well diversified and that to some extent, mitigates those risks. So it is time to look at some of the largecap IT companies but for midcap IT, we will still wait and watch.”
  3 hours ago — Economic Times

• PM Modi, SoftBank's Son discuss more investments after big tech bets

  Prime Minister Narendra Modi and SoftBank Group founder Masayoshi Son met on Monday to discuss more investments by the country's biggest tech backer
  3 hours ago — Business Standard
  • Modi meets Japanese biz leaders, discusses investment avenues in India 3 hours ago — Business Standard
  • Prime Minister Narendra Modi meets Softbank chief Masayoshi Son 3 hours ago — Moneycontrol

• Shree Cement To Lower Prices By Rs 5-10 A Bag On Fuel Excise Duty Cut

  Shree Cement expects cost savings worth at least Rs 50 a tonne in Q2.
  3 hours ago — Bloomberg Quint

• Davos WEF 2022 | India Set To Be A Leader In Green Hydrogen, Says Minister Hardeep Singh Puri

  India is more conscious of going for the renewable energy than any other nation in the world, Union Minister Hardeep Singh Puri says.
  3 hours ago — Bloomberg Quint
  • India set to be leader in green hydrogen: Hardeep Singh Puri 3 hours ago — Moneycontrol
  • Davos WEF 2022 | India Set To Continue Radical Reforms, Says Niti Aayog CEO Amitabh Kant 3 hours ago — Bloomberg Quint

• Zelenskyy urges 'maximum' sanctions on Russia in Davos talk

  Ukrainian President Volodymyr Zelenskyy said sanctions need to go further to stop Russia’s aggression, including an oil embargo, blocking all of its banks and cutting off trade with Russia completely
  3.5 hours ago — Moneycontrol

• Market ends flat after choppy session as steel stocks dent investor sentiment

  The 30-share pack Sensex shed 37.78 points to close at 54,288.61. Its broader peer, Nifty50, fell 51.45 points, declining over 500 points from the day's high to close below the 16,250 mark. The index has declined and registered losses in the last 3 out of 4 sessions.
  3.5 hours ago — Economic Times

• Rupee recovers from record lows to end 15 paise higher at 77.55/USD

  At the interbank forex market, the domestic unit opened at 77.69 against the US dollar.
  3.5 hours ago — Moneycontrol

• Startup layoffs to continue as exuberance takes a break; will curb attrition across sectors

  Experts and talent managers say the trend is indicative of a shift to profitability over customer acquisition and unmanageable expansion, a subdued investment environment, and a fear of possible recession.
  3.5 hours ago — Moneycontrol

• Expectation of rate hike in June 'a no-brainer', says RBI Governor

  Shaktikanta Das further said in a TV interview that the RBI and govt have entered into another phase of coordinated action to cool down inflation
  3.5 hours ago — Business Standard

• Watch: SpiceJet crew teams up with Bengali actor for flash mob at Kolkata airport

  Bengali actor Monami Ghosh collaborated with SpiceJet crew for a surprise dance performance at Netaji Subhas Chandra Bose International Airport, Kolkata.
  3.5 hours ago — Moneycontrol

• GDP Growth In March Quarter Of 2021-22 May Have Slowed: ICRA

  Hiccups in recovery of contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth
  3.5 hours ago — NDTV Business
  • India's economic growth may have slowed to 3.5% in Q4 FY22: ICRA 3.5 hours ago — Moneycontrol

• India commits to a free, open and inclusive Indo-Pacific region

  Speaking at the launch ceremony, PM Modi said the announcement of IPEF is a declaration of a collective desire to make the Indo-Pacific region an engine of global economic growth.
  3.5 hours ago — Moneycontrol

• Sensex, Nifty end volatile session marginally lower

  
  3.5 hours ago — Economic Times

• Understand the ESG effect on Investments to make them more Sustainable

  Join Nisha Poddar, as she decodes the main trends behind the claim that 'ESG drives responsible investment', on the latest podcast of PwC India presents 'ESG - A bridge to action', in association with Moneycontrol.
  3.5 hours ago — Moneycontrol

• Akasa Air Expects First Aircraft In June

  Rakesh Jhunjhunwala-backed Akasa Air in a release also said that it is on track to launch its commercial operations by July
  3.5 hours ago — NDTV Business
  • Akasa Air reveals its first look 3.5 hours ago — The Hindu Business
  • On track to receive first 737 Max plane by mid-June, says Akasa Air 3.5 hours ago — Business Standard
  • Akasa Air says it’s on track to launch commercial operations by July 3.5 hours ago — The Hindu Business

• Sensex falls 642pts from day's high, ends 38pts down; Tata Steel bleeds 12%

  CLOSING BELL: The sharp knock in metal stocks came after he government levied export duty on 11 iron and steel intermediates and key steel products.
  4 hours ago — Business Standard
  • LIVE | Metal prices rally: Will the momentum sustain? 4 hours ago — Moneycontrol
  • Nifty Metal bleeds 7% after govt hikes export duty on steel products 4 hours ago — Business Standard

• Reliance-BP Joint Venture Says Operations Unviable Post Excise Duty Cut

  RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
  4 hours ago — NDTV Business

• 'King' Kohli to 'Baby AB': Hits and misses of IPL 2022

  Ahead of Tuesday's first playoff match when Gujarat Titans face Rajasthan Royals in Kolkata, here are five players who grabbed the headlines this season in the world's most valuable cricket tournament
  4 hours ago — Moneycontrol

• Sensex, Nifty End Lower; Metal Stocks Dive On Export Duty Hike

  Indian equity benchmarks on Monday settled lower in a volatile trading session, dragged by heavy losses in metal stocks.
  4 hours ago — NDTV Business
  • Sensex Rises Over 200 Points, Nifty Trades Above 16,300 4 hours ago — NDTV Business

• Top mining, steel groups warn of adverse impact from export duty hikes

  The increase in export taxes on iron ore, announced by the government over the weekend, will lead to large surpluses at home, and mainly hit producers of low grade ores that depend on overseas markets
  4 hours ago — Business Standard

• Non-payment of TDS not a ground for initiation of insolvency process: NCLAT

  New Delhi, May 23 The National Company Law Appellate Tribunal (NCLAT) has held that dues on account of non-payment of TDS can not be a ground to ini..
  4 hours ago — Moneycontrol

• Petrol under-recovery at Rs 13, diesel Rs 24; RIL-BP says ops unsustainable

  Two sources aware of the matter said Reliance BP Mobility Ltd contends that PSU oil marketing companies control over 90% of the market and are the price-setters
  4 hours ago — Business Standard

• How Infosys performed under Salil Parekh as CEO since 2018

  As far as Parekh's tenure is concerned, the annual consolidated total revenue for the IT firm rose from Rs 73,715 crore in FY18 to Rs 1,23,936 crore in FY22, while the consolidated net profit grew to Rs 22,112 crore in FY from Rs 16,029 crore in FY18.
  4 hours ago — Economic Times

• Chip shortage risks expansion, says Intel CEO Pat Gelsinger

  Pat Gelsinger said at a press roundtable on the sidelines of the World Economic Forum that “to us, this is now the No. 1 issue, is in fact the delivery of equipment.”
  4 hours ago — Moneycontrol

• Davos WEF 2022 | Forum Forms Indian CEOs' Alliance To Supercharge Race To Net-Zero

  WEF announced a new 'Alliance of CEO Climate Action Leaders India' that will work towards fast-tracking decarbonisation pathways.
  4 hours ago — Bloomberg Quint

• 80-85% of Shyam Metalics exports not affected by steel duty hike: Brij B Agarwal

  “Any decision on the restriction imposition on the supply side is going to affect the price. It may see a correction of 4% to 5% in the times to come on the pricing side because there has already been a correction in this quarter. I do not see any correction going beyond that but yes in the time to come, it will become normal.”
  4 hours ago — Economic Times

• Aether Industries' Rs 800 cr IPO opens on Tuesday: Should you subscribe?

  Analysts believe that Aether's multiple chemistry competencies to use for a wide array of products makes it a distinguished market player compared to other chemical companies
  4 hours ago — Business Standard
  • Aether Industries' IPO opens on Tuesday: Should you subscribe? 4 hours ago — Business Standard

• LVMH's Tag Heuer Latest Luxury Brand To Accept Crypto Payments

  Gucci, Hubolt, Franck Muller, and Norqain are some of the other brands that also accept cryptocurrencies as payment options. 
  4.5 hours ago — NDTV Business

• Indian Hotels unveils 'Ahvaan 2025' for profitable growth; stock gains 4%

  The company aims to build a portfolio of 300 hotels, clock 33 per cent EBITDA margin with 35 per cent EBITDA share contribution from new businesses and management fees by FY 2025-26.
  4.5 hours ago — Business Standard

• MARKETS: Sensex rises 100 points, Nifty50 below 16,250; Auto, IT stocks up

  Stock market live updates: Metal stocks slumped on the hike in steel export duty. Tata Steel and JSW Steel fell over 10 per cent each, leading losses on Sensex and Nifty, respectively.
  4.5 hours ago — Business Standard
  • MARKETS: Sensex at day's high, up 550pts, Nifty atop 16,400; Autos shine 4.5 hours ago — Business Standard
  • MARKETS: Sensex up 400pts; RBI sees steady credit growth despite rate hike 4.5 hours ago — Business Standard
  • MARKET LIVE: Sensex up 400 pts, Nifty above 16300; Realty, Financials gain 4.5 hours ago — Business Standard
  • MARKET LIVE: Sensex up 300 pts, Nifty above 16300; Auto stocks in fast lane 4.5 hours ago — Business Standard
  • MARKET LIVE: Sensex up 200 pts, Nifty tests 16300; Auto stocks in fast lane 4.5 hours ago — Business Standard
  • Share Market Live: Sensex, Nifty May Open Lower Today; Paytm, Shree Cement, Infosys, Zomato In Focus 4.5 hours ago — Bloomberg Quint

• Cryptocurrency Executives Show Heavy Presence At Davos Meet

  A free bitcoin pizza stall and a "Liquidity Lounge" were among the treats on offer for attendees at this year's meeting in Davos
  4.5 hours ago — NDTV Business

• Oil prices pose risk of global recession, producers need to act responsibly: IEA's Birol

  “If we don’t make a positive contribution here we may see prices even going higher, being much more volatile and becoming a major risk for recession for the global economy,” IEA's executive director Fatih Birol told Bloomberg TV.
  4.5 hours ago — Moneycontrol

• WEF Davos 2022 Day 2 Live Updates: Investments required for branding ICE engine cars is minimum now, says M&M's Anish Shah

  On the first day of the summit, WEF's President Borge Brende said that for India things look better, while other countries are beginning to struggle.
  4.5 hours ago — Moneycontrol
  • WEF Davos 2022 LIVE Updates: Believe India will grow at 8% and looks better placed, says WEF's President Borge Brende 4.5 hours ago — Moneycontrol

• China warns Joe Biden not to 'underestimate resolve' on Taiwan

  Joe Biden, who is in Tokyo to meet regional allies, earlier on Monday warned that China's increasingly assertive stance over the island was "flirting with danger" and promised to defend Taiwan from any military action by its giant neighbour.
  4.5 hours ago — Moneycontrol

• PE investments in real estate stood at $1,180 million in Q1 of 2022: Knight Frank India

  The real estate sector is estimated to receive private equity investments of $6,884 million in CY 2022.
  4.5 hours ago — Moneycontrol

• Zelenskiy Calls for Global Unity to Counter Russia: Davos Update

  Members of the global elite are back in Davos after a two-year hiatus due to the pandemic.
  4.5 hours ago — Bloomberg Quint

• Akasa Air reveals its plane. What's next?

  Route selection determines whether an airline flies in the red or is in the black and Akasa Air’s route choices will be closely watched
  4.5 hours ago — Moneycontrol

• Gold, Silver Prices Climb; Yellow Metal Trading Above Rs 51,050

  Gold and silver futures surged on Monday, taking cues from the international spot rates.
  4.5 hours ago — NDTV Business
  • Sensex Rises Over 200 Points, Nifty Trades Above 16,300 4.5 hours ago — NDTV Business

• Jet Airways hires senior executives as it prepares to take wing again

  The Kalrock-Jalan consortium which is reviving the grounded airline on Monday announced the appointment of senior executives in charge of engineering, inflight product and services, sales, and digital
  4.5 hours ago — Business Standard

• For the first time, scientists injected a human with cancer-killing virus

  The trial is expected to run for about two years and aims to recruit 100 patients across the United States and Australia.
  4.5 hours ago — Moneycontrol

• Steel prices likely to fall by up to 15% in domestic market: EEPC

  Reacting to the government’s move to levy export duty on some steel items, EEPC India Chairman Mahesh Desai said engineering goods manufacturers and exporters would benefit from the move and become more competitive in the global markets.
  4.5 hours ago — Moneycontrol

• US would intervene with military to defend Taiwan against China: Biden

  President Joe Biden said Monday that the US would intervene militarily if China were to invade Taiwan, saying the burden to protect Taiwan is "even stronger' after Russia's invasion of Ukraine
  4.5 hours ago — Business Standard
  • Joe Biden says US would defend Taiwan militarily from Chinese invasion 4.5 hours ago — Moneycontrol

• Markets Live with Santo and CJ | Stock buzz: Jindal Steel, Persistent Systems, L&T, Hindalco, SAIL

  Nifty 50, Sensex sharply off day’s on some profit booking; Santo & CJ are tracking these 5 stocks today. Catch LIVE at 3 PM only on Moneycontrol Livestream
  4.5 hours ago — Moneycontrol

• German shares lead Europe higher on M&A cheer

  The pan-European STOXX 600 index was up 1.2% by 0720 GMT, after posting its fifth weekly loss in six weeks as investors fled riskier assets on fears of recession.Banks rose 0.5%, while basic material and industrial stocks were also among the biggest boosts to the STOXX 600.
  4.5 hours ago — Economic Times

• WhatsApp to end support for iOS 10, 11

  The Meta-owned messaging platform will drop support for iOS 10 and iOS 11 starting October 24
  5 hours ago — Moneycontrol

• Grammy-winning composer slams chaotic scenes at Bengaluru airport: ‘Pathetic state'

  Grammy-winning composer Ricky Kej slammed the “pathetic state of immigration” at Bengaluru International Airport
  5 hours ago — Moneycontrol

• Focus on domestic cyclicals; there’s value in financials & IT more of a hedge bet: Manish Gunwani

  “In an inflationary scenario, where commodities are doing pretty well, interest rates are going up in a stock market correction rather than going down, the valuation multiples of high price to earning kind of stocks is actually correcting. That means the traditional defensives like FMCG do not work all that well and that is creating a lot of dilemma in fund managers vis-a-vis what can protect capital.”
  5 hours ago — Economic Times

• Adani Power, ICICI Bank among 200 stocks showing buy signals on MACD indicator

  MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average called the ‘signal line’, is plotted on top of the MACD to indicate ‘buy’ or ‘sell’ opportunities.
  5 hours ago — Economic Times

• Want to invest in cryptos during bear market? Have a look at these segments

  Bharat Vivek, Co-founder and COO, Kassio, said investors can look at yield-based crypto products, which give users a fixed per cent interest earning on their crypto holdings. Such products will gain more popularity going ahead, he said.
  5 hours ago — Economic Times

• If history repeats itself, steel sector is in for severe pain in next 1 year

  Export duty on iron ore has been hiked to 50 per cent across all grades from 30 per cent for lumps, while that on pellets has been imposed at 45 per cent from nil earlier, making exports unviable. The development, seen as extremely negative, has brought in broad-based multiple de-rating for the sector stocks.
  5 hours ago — Economic Times

• Akums Drugs gets India licence to make lipid-lowering bempedoic acid for heart conditions

  Known as a non-statin lipid-lowering treatment option taken orally, bempedoic acid is a new class of drug for treating high LDL-cholesterol conditions indicative of cardiovascular diseases.
  5.5 hours ago — Moneycontrol

• Is it good to switch to fixed rate home loan when interest rates are moving up?

  In a floating rate loan, the borrower bears the risk if rates move up and gets rewarded when they decline. In a fixed rate loan the lender bears the risk. To compensate for this risk, lenders charge 75-100 basis points higher interest on fixed rate loans
  5.5 hours ago — Live Mint

• Edtech startup Invact Metaversity founders now stand at crossroads after cancelling its first cohort

  The startup had raised $5 million at a valuation of $33 million from Future Group's Kishore Biyani, ex-Infosys director TV Mohandas Pai, Innov8 founder Ritesh Malik and former Facebook MD Kirthiga Reddy among others.
  5.5 hours ago — Moneycontrol

• NTPC: Favourable earnings outlook and valuation to support stock

  The NTPC stock deserves attention in light of improving growth visibility and attractive valuations
  5.5 hours ago — Moneycontrol

• India’s GDP likely grew just 3.5% in Q4 of 2021-22: ICRA

  Commodity price spikes, lower wheat yields amid heatwave and Omicron hit on contract-driven sectors tripped the momentum
  5.5 hours ago — The Hindu Business

• ArcelorMittal Nippon Steel India CEO says duty hike to hit about 90,000 tonnes of exports per month

  "Export duty imposed by Indian government will have repercussion on company's export market," Dilip Oommen told Reuters, adding, the company exports 15 percent of its total production.
  5.5 hours ago — Moneycontrol

• Amazon Accuses Future Retail Independent Directors Of 'Facilitating Fraudulent Stratagem'

  Amazon has accused the independent directors of Future Retail of facilitating fraudulent stratagem of transfer of 835 stores to Reliance Retail.
  5.5 hours ago — Bloomberg Quint

• Infinix Hot 12 Play launched in India with Unisoc chipset, 6,000 mAh Battery, 90Hz Display

  The Infinix Hot 12 Play is priced at Rs 8,499 for the sole 4GB/64GB model.
  5.5 hours ago — Moneycontrol

• Zee Ent. share price up 1.68 per cent

  A total of 195,400 shares changed hands on the counter till 01:49PM (IST).
  5.5 hours ago — Economic Times
  • Share price of Adani Green falls as Sensex gains 395.57 points 5.5 hours ago — Economic Times
  • Share price of Page Industries rises as Nifty strengthens 5.5 hours ago — Economic Times
  • Share price of Indian Oil Corp. jumps as Sensex gains 380.0 points 5.5 hours ago — Economic Times
  • Siemens share price up 1.47 per cent 5.5 hours ago — Economic Times
  • Share price of Avenue Supermart rises as Nifty strengthens 5.5 hours ago — Economic Times
  • Marico share price up 1.73 per cent 5.5 hours ago — Economic Times
  • Info Edge share price up 0.53 per cent 5.5 hours ago — Economic Times
  • Share price of Chola Inv Finance rises as Nifty strengthens 5.5 hours ago — Economic Times
  • Share price of Bharat Forge rises as Nifty strengthens 5.5 hours ago — Economic Times
  • Apollo Hospital share price up 2.19 per cent 5.5 hours ago — Economic Times
  • Shriram Trans Fin share price up 2.62 per cent 5.5 hours ago — Economic Times

• Feeling the bite: Movie nights turn costlier

  Your popcorn at cinemas will cost more as theatres increase F&B prices due to inflation; tickets, too, get pricey
  5.5 hours ago — Moneycontrol

• Amara Raja Batteries slips 6% on disappointing Q4 operational performance

  In Q4, Ebitda declined by 31 per cent year on year to Rs 220 crore due to lower-than-expected revenue and delay in passing on commodity inflation
  5.5 hours ago — Business Standard

• India's Growth May Be Hit Due To Prolonged High Temperatures: Moody's

  Prolonged high temperatures are credit negative for India, as that could exacerbate inflation and hurt growth, Moody's Investors Service said
  6 hours ago — NDTV Business

• Avoid to Aether Industries: Arihant Capital

  Arihant Capital has come out with its report on Aether Industries. The research firm has recommended to ''Avoid'' the ipo in its research report as on May 23, 2022.
  6 hours ago — Moneycontrol

• Computex 2022 | AMD announces the Ryzen 7000 series

  The desktop processors feature Zen 4 cores built on 5nm nodes
  6 hours ago — Moneycontrol

• Hope to start broadband internet service on SpiceJet aircraft soon: CMD

  SpiceJet will induct more Boeing 737 Max aircraft over the next few months and it hopes to start broadband internet service on its planes soon
  6 hours ago — Moneycontrol

• China iron ore futures jump nearly 7% after India hikes export duties

  "The key issue is on the supply side, and that would have bigger impact on market expectations (that India could offset disruptions caused by the Ukraine-Russia conflict)."
  6 hours ago — Economic Times

• Gift or Will to bequeath your assets? What are the pros and cons?

  In case you wish the person to enjoy the benefits of the asset immediately, making gift of the same is the right way but you lose control over the asset once and for all
  6 hours ago — Live Mint

• Fi Is Solving Common Finance Problems, But A Larger Question Confronts It

  Fi claims to solve a very basic finance problem -- keeping track of multiple accounts.
  6 hours ago — Bloomberg Quint

• Government Likely To Stick To Fiscal Deficit Target: RBI Governor

  The Indian government is likely to stick to its fiscal deficit target as specified in the budget and there may not necessarily be a need for increasing government borrowing just yet, governor...
  6 hours ago — NDTV Business

• Shares Of Tata Steel, JSW Steel Nosedive On Bourses

  Steel shares fell mainly in the aftermath of Government waiving off customs duty on import of some raw materials like coking coal and ferronickel
  6 hours ago — NDTV Business

• Japan's Nikkei climbs 1% to cross 27,000

  The Nikkei rose as high as 27,047.47 shortly after the open - approaching a one-month peak - but then sank into the lunch break, only to rally back to near the high into the close. It pared some gains to end 0.98% higher at 27,001.52.The broader Topix followed a similar path to end 0.92% higher at 1,894.57.
  6.5 hours ago — Economic Times

• Buy Infosys, target price Rs 1,820: Kotak Institutional Equities

  Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 623585.90 crore) operating in IT Software sector.
  6.5 hours ago — Economic Times
  • Add Endurance Technologies, target price Rs 1,320: Kotak Institutional Equities 6.5 hours ago — Economic Times
  • Buy Karur Vysya Bank, target price Rs 72: Emkay Global Financial Services 6.5 hours ago — Economic Times
  • Buy Hindustan Petroleum Corporation, target price Rs 295: Emkay Global Financial Services 6.5 hours ago — Economic Times
  • Add V-Guard Industries, target price Rs 275: HDFC Securities 6.5 hours ago — Economic Times

• Investment banker for a startup IPO runs away with proceeds

  The Jaipur-based company had raised Rs 4.54 crore through a public issue in August 2020
  6.5 hours ago — Moneycontrol

• Avoid bottom fishing in steel stocks; book profits now: Rakesh Arora

  “Steel prices should correct around Rs 8,000 to Rs 10,000 per tonne from the current levels of Rs 69,000 and steel margins for integrated players who have captive iron ore and coal should correct by around Rs 8,000-9,000 per tonne whereas the non-integrated guys who are buying iron ore have an advantage because iron ore prices will come down. So, for them, the margin compression will be Rs 7,000.”
  6.5 hours ago — Economic Times

• Zoho CEO shares pointers for aspiring entrepreneurs: 'This is the real school of business'

  Sridhar Vembu offered his insights on the pricing rules of different industry and the difference between the making costs of products and its final price.
  6.5 hours ago — Moneycontrol

• Don't expect a big jump in current account deficit: RBI Guv Shakikanta Das

  The RBI governor said that inflation projection will be realistically given in next monetary policy committee meet due to take place in June
  6.5 hours ago — Business Standard

• Elon Musk admits he has a secret Instagram account. He uses it for this purpose

  Elon Musk has admitted that he has a secret Instagram account.
  6.5 hours ago — Moneycontrol

• Divi’s Labs Q4 Results: Profit Jumps 78%, Rs 30/Share Dividend Declared

  Divi's Labs net profit jumped 78% year-on-year to Rs 895 crore in the quarter ended March.
  6.5 hours ago — Bloomberg Quint
  • Brokerages raise target of Ashok Leyland post Q4 result; what should investors do now? 6.5 hours ago — Moneycontrol

• Cardless cash withdrawals from ATMs using UPI: How to do

  Cardless cash withdrawls from ATMs using UPI will prove to be a game-changer
  6.5 hours ago — Live Mint

• Watch #MCAtDavos as Builder.ai’s Sachin Dev Duggal talks on startup ecosystem, slowdown impact, and more

  Moneycontrol talks to Builder.ai CEO on expectations from Davos 2022. Watch the video for more.
  6.5 hours ago — Moneycontrol

• PM Modi meets CEO of Japanese clothing brand Uniqlo

  The PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme is aimed at developing textile parks through a special purpose vehicle owned by the central and state government and in a public-private partnership (PPP) model.
  6.5 hours ago — Moneycontrol

• Thunderstorm, rain cool Delhi; traffic snarls reported in parts of city

  Trees got uprooted in some parts of the national capital and traffic snarls were reported in various stretches, including ITO, DND and near AIIMS, on the first working day of the week.
  6.5 hours ago — Moneycontrol

• Xiaomi partners with Lecia for flagship smartphone arriving in July, presumably the Xiaomi 12 Ultra

  Xiaomi will likely launch the Ultra model in the 12 series in China first before it heads to international and Indian markets.
  6.5 hours ago — Moneycontrol

• Be conservative with hiring, capital will be constrained: Orios Venture Partners to investees

  Orios Venture Partners also advised founders of its portfolio companies to close deals with investors and avoid waiting for better offers as there might not be any
  6.5 hours ago — Moneycontrol

• Hold Neogen Chemicals, target price Rs 1650: Anand Rathi

  ​Despite non-available RM issues, input-price volatility and supply-chain disruptions, Neogen’s FY22 revenue/EBITDA/PAT grew 45%/35%/42% y/y. We expect 27%/31%/43% CAGRs over FY22-24, driven by high-value added products, sharper focus on its CSM business, ramping up organic chemicals capacity and strong demand for pharma and agro-intermediates.
  6.5 hours ago — Economic Times

• Buy NTPC, target price Rs 150: ICICI Securities

  NTPC is planning to add 11GW of capacity by FY24-end. Focus continues on addition of large-scale RE capacity, battery storage, green hydrogen and waste-to-energy projects, although the current environment is favouring further brownfield coal capacity addition (NTPC is in advanced stages of adding further 6GWof thermal capacity).
  6.5 hours ago — Economic Times

• Hold Indigo Paints, target price Rs 1,650: ICICI Securities

  ​In Q4FY22, Indigo has largely maintained volume market share in paints with low single digit volume growth but improved EBITDA margin by 180bps (likely reduction in ad-spends).
  6.5 hours ago — Economic Times

• Recession not inevitable, pain to last 'some time,' says Biden in Tokyo

  We have problems that the rest of the world has, Biden said, but less consequential than the rest of the world has
  6.5 hours ago — Business Standard

• Chart Check: Record high in sight! This stock from agrochemical space is a good buy on dips bet

  “The stock is showing relative outperformance as it trades just 7-8 per cent lower from the lifetime highs whereas Nifty is lower by about 13%. The stock has formed a long Bullish candle in the current week and sustains above the 20-week SMA (407),” he said.
  6.5 hours ago — Economic Times

• Government Needs To Rethink Export Duty Levy On Steel, Says JSPL

  The government on one hand is declaring PLI scheme for the steel industry, and increasing export duty on the other, JSPL says.
  6.5 hours ago — Bloomberg Quint
  • Nifty Metal bleeds 7% after govt hikes export duty on steel products 6.5 hours ago — Business Standard
  • A 15% Export Duty Levy Is Negative For Steel Sector, Say Analysts 6.5 hours ago — Bloomberg Quint

• Broadcom in talks to buy VMware

  The acquisition would further diversify Broadcom’s business away from semiconductors and into enterprise software.
  7 hours ago — The Hindu Business

• Buy Ashok Leyland, target price Rs 170: ICICI Securities

  The brokerage believes AL is well placed to benefit from the CV cycle recovery theme and we estimate its M&HCV volumes to grow at a CAGR of ~28% in FY22-FY24E, with market share reaching ~31% inFY24E.
  7 hours ago — Economic Times

• 'Enormously risky': How NFTs lost their lustre

  NFTs are tokens linked to digital images, "collectable" items, avatars in games or property and objects in the burgeoning virtual world of the metaverse.The likes of Paris Hilton, Gwyneth Paltrow and Serena Williams have boasted about owning NFTs and many under-30s have been enticed to gamble for the chance of making a quick profit.
  7 hours ago — Economic Times

• LIVE: Recovery of economic activity is gaining traction, says RBI Guv Das

  LIVE news updates: The Quad summit in Tokyo on May 24 will be attended by US President Joe Biden, Japanese Prime Minister Fumio Kishida and Australian prime minister-elect Anthony Albanese.
  7 hours ago — Business Standard
  • LIVE: 19 flights diverted to other locations as due to bad weather in Delhi 7 hours ago — Business Standard
  • Coronavirus latest LIVE: India logs 2,022 new cases, 46 deaths in 24 hours 7 hours ago — Business Standard
  • LIVE updates: PM Modi arrives in Japan on 2-day visit to attend Quad meet 7 hours ago — Business Standard

• Shares of Lupin rise as Nifty gains

  On the technical charts, the 200-day moving average of the stock stood at Rs 872.63.
  7 hours ago — Economic Times
  • Crompton Greaves shares rise 0.53 per cent in Monday's trading session 7 hours ago — Economic Times
  • Shares of ICICI Pru Life rise as Nifty gains 7 hours ago — Economic Times
  • Havells India shares rise 1.61 per cent in Monday's trading session 7 hours ago — Economic Times
  • Shares of InterGlobe rise as Nifty gains 7 hours ago — Economic Times

• Reduce One97 Communications, target price Rs 580: Yes Securities

  Business trajectory admirable but longish runway still remains for bottomline profitability.
  7 hours ago — Economic Times

• Oil At $110 Per Barrel Pose "Bigger Threats" Than Inflation: Minister

  Indian oil minister Hardeep Singh Puri said oil prices staying at $110/barrel could pose bigger threats than inflation to the global economy.
  7 hours ago — NDTV Business

• Buy Prince Pipes & Fittings, target price Rs 826: Yes Securities

  ​Revenue/EBITDA/PAT of the company is expected to report CAGR of 11%/10%/10% respectively over FY22-FY24E. Input prices are likely to remain volatile for coming fiscal, which could keep EBITDA margins under pressure. Hence, the brokerage expects EBITDA margins to come in at 14.9%/15.3% in FY23E/FY24E respectively.
  7 hours ago — Economic Times

• Gautam Adani’s entry into cement may lead to further consolidation: Dalmia Bharat CFO

  "We believe that the Adani-Holcim deal is positive for the industry. Post the deal, there is another announcement in which they intend to double the company capacity over the next 5 years. In that case, we expect the competitive intensity to increase further in the industry and could see further consolidation of cement capacity with some of the large cement players bidding to acquire smaller marginal players."
  7 hours ago — Economic Times

• Buy Container Corporation of India, target price Rs 755: Yes Securities

  The brokerage is positive on CCRI’s prospects and believe that it is best positioned to capitalize on favorable infrastructure‐related tailwinds. It remains positive on the structural growth story considering 1) continual market share gains in domestic segment 2) strong EXIM volumes, and 3) new strategic initiatives. At CMP, the stock trades at a P/E of 24.3x/20.5x FY23E/FY24E earnings and at an EV of 14.6x/12.5x FY23E/FY24E EBITDA.
  7 hours ago — Economic Times

• Davos WEF 2022 Editor's Notes: The Tooze Effect

  Follow this daily blog by BQ Prime’s Managing Editor Menaka Doshi for all that you must know from the 2022 WEF Annual Meeting.
  7 hours ago — Bloomberg Quint

• Hold Amara Raja Batteries, target price Rs 610: Emkay Global Financial Services

  Promoters held 28.06 per cent stake in the company as of 31-Mar-2022, while FIIs owned 18.1 per cent, DIIs 11.38 per cent.
  7.5 hours ago — Economic Times
  • Buy Hindustan Petroleum Corporation, target price Rs 295: Emkay Global Financial Services 7.5 hours ago — Economic Times
  • Add V-Guard Industries, target price Rs 275: HDFC Securities 7.5 hours ago — Economic Times
  • Buy Sobha, target price Rs 902: HDFC Securities 7.5 hours ago — Economic Times
  • Share price of Colgate-Palmolive jumps as Sensex gains 370.15 points 7.5 hours ago — Economic Times

• Advent Sees Drop In Private Valuations In India After Stock Rout

  Jalan says she’s growing more cautious in her investment picks on concerns about valuations and multiple uncertainties.
  7.5 hours ago — Bloomberg Quint

• CoinSwitch Seeks End Of Regulatory Uncertainty On Cryptocurrencies

  CoinSwitch, which is valued at $1.9 billion, says it is the largest crypto company in India with more than 18 million users
  7.5 hours ago — NDTV Business
  • At WEF, Indian crypto app CoinSwitch seeks regulatory 'peace, certainty' 7.5 hours ago — Business Standard
  • At WEF, Indian crypto app CoinSwitch for regulatory 'peace, certainty' 7.5 hours ago — Business Standard

• Stay away from metal pack; 3 auto stocks to bet on: Sandip Sabharwal

  “There could be 20-40% downside in most steel stocks and people should stay away. Other metals like copper, aluminium have not been impacted because in the downturn, they did not get any protection and so now they are not facing these duties. Auto, capital goods sectors to benefit from import duty on steel, excise cut in fuel.”
  7.5 hours ago — Economic Times

• Presidential Polls or 2024 general elections? What is behind KCR’s meetings with Opposition leaders

  K Chandrashekar Rao, popularly known as KCR, is on a national tour in which he is meeting like-minded regional political leaders ahead of presidential polls and 2024 general elections.
  7.5 hours ago — Moneycontrol

• ‘Waah’: PM Modi impressed by Japanese boy’s fluent Hindi. Watch

  “Waah! Where did you learn Hindi from?” PM Modi asked the Japanese student, who welcomed him outside his Tokyo hotel on Monday.
  7.5 hours ago — Moneycontrol

• Prime Minister Narendra Modi writes: Japan is an indispensable partner in India’s continuing transformation

  Today, as both India and Japan look to re-invigorate and refashion our economies in a post-COVID-19 era, there is immense scope to deepen our engagement across the entire spectrum from trade and investment, to defence and security 
  7.5 hours ago — Moneycontrol

• MediaTek Dimensity 1050 SoC with dual mmWave and sub-6GHz 5G launched: All you need to know

  The Dimensity 1050 would be the first chipset from the company to support mmWave 5G
  7.5 hours ago — Moneycontrol

• Abu Dhabi-based Borouge sets IPO price, gets seven cornerstone investors

  The Abu Dhabi National Oil Company and Borealis' joint venture set the IPO price at 2.45 dirhams ($0.67) a share, which implies an equity value of $20 billion.
  7.5 hours ago — Economic Times
  • Borouge’s $2 Billion Abu Dhabi IPO Draws in Asia’s Richest Man 7.5 hours ago — Bloomberg Quint

• eMudhra IPO Subscription Status: Day 2 Live Updates

  Follow the latest subscription updates from day 2 of eMudhra IPO.
  7.5 hours ago — Bloomberg Quint

• Stock of this rubber producer company has zoomed 76% in two months

  Apcotex hit a record high of Rs 640.30 and rallied 10 per cent on the BSE.
  7.5 hours ago — Business Standard

• Moody’s Says Heatwaves To Worsen India's Inflation, Growth Risks — A Credit Negative

  Heatwaves pose risks to India’s economic growth and its credit profile, says Moody’s Investors Service.
  7.5 hours ago — Bloomberg Quint

• Joe Biden says U.S. recession not inevitable, pain to last 'some time'

  ‘This is going to be a haul,’ U.S. President says
  8 hours ago — The Hindu Business

• Sri Lankan medicine shortage a death sentence for some, doctors say

  Sri Lanka imports more than 80% of its medical supplies but with foreign currency reserves running out because of the crisis, essential medications are disappearing from shelves and the healthcare system is close to collapse.
  8 hours ago — Moneycontrol

• Despite Terra's Fall, DeFi Followers Remain Optimistic About Future

  Hardcore believers in the future of decentralized finance aren't giving up on algorithmic stablecoins even after the spectacular collapse of TerraUSD
  8 hours ago — NDTV Business

• World Economic Forum 2022 | Ministerial delegation represents Indian states at Davos

  The event started on May 22 and will continue till May 26. This year, it is expected that the forum will discuss on the topic related with Ukraine crisis, climate change, fighting the COVID-19 pandemic, attracting more investments and a host of other issues affecting the world.
  8 hours ago — Moneycontrol
  • WEF Davos 2022 LIVE Updates: Believe India will grow at 8% and looks better placed, says WEF's President Borge Brende 8 hours ago — Moneycontrol

• What we know about long Covid so far

  Studies estimate that 10 percent to 30 percent of people report persistent or new medical issues months after their initial coronavirus infections — a constellation of symptoms known as long Covid
  8 hours ago — Moneycontrol

• Joe Biden says 'considering' lifting some China trade tariffs

  "We did not impose any of those tariffs," Joe Biden said, when asked in Tokyo about the possibility of lifting the measures, adding again that lifting them was "under consideration."
  8 hours ago — Moneycontrol

• Paytm Shares Volatile After Q4 Results Even As Goldman Sachs Sees 86% Upside

  According to Goldman Sachs, Paytm’s lending business has been scaling up well, while maintaining good credit metrics.
  8 hours ago — Bloomberg Quint

• Looking to enter the market now? Here's what experts suggest

  Market experts believe that the latest correction in the equity market gives a meaningful entry point to investors. They also suggest investors allocate funds aimed to diversify their portfolios. Domestic equity markets have seen a sharp correction in the last few weeks, following the geopolitical uncertainty, rate hikes and rising inflationary worries.
  8 hours ago — Economic Times

• eMudhra IPO subscribed 65% on day 2; retail book sails through

  The quota for retail bidders was subscribed 1.25 times, whereas the allocation for non-institutional bidders was subscribed merely seven per cent. The qualified institutional buyers did not participate in the book-building process so far.
  8 hours ago — Economic Times

• Banking Central | Government, RBI's inflation battle is a double-edged sword

  After the RBI, the government has taken a series of measures to cool inflation There will be more such steps ahead but at what cost?
  8 hours ago — Moneycontrol

• Reduce Shree Cements, target price Rs 22,200: HDFC Securities

  The brokerage maintained REDUCE rating on Shree Cement, with a revised SOTP target price of Rs 22,200/share. In Q4FY22, Shree’s performance disappointed as it missed ours/consensus EBITDA estimates by ~14/11% on lower-than-estimated pricing and higher-than-estimated input costs.
  8 hours ago — Economic Times

• How shipping industry's $500 bn profit can help it take on Amazon, FedEx

  By the end of 2022, the container-shipping industry will have earned a staggering half a trillion dollars of operating profit from two years of supply-chain misery, estimates Drewry
  8 hours ago — Business Standard

• How will petrol & diesel excise cuts, LPG subsidy impact OMC stocks?

  Analysts noted that OMCs have been losing money on the sale of petrol, diesel, and LPG. They believe the excise cuts should give OMCs a headroom to hike fuel prices and partially recover their under recoveries. The freeze in fuel prices in the March quarter, despite escalating global oil prices, most likely owing to state elections, led to steep under-recoveries for oil marketing companies (OMCs), said Nomura India.
  8 hours ago — Economic Times

• Davos WEF 2022: Adam Tooze On India's New Role In The Post-War World Order

  The world is a "precarious position" amid the Ukraine war and an "on-edge" economy, according to Columbia University's Adam Tooze.
  8 hours ago — Bloomberg Quint

• Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

  The acquisition will make the Adani family the second biggest cement maker in India after Ultratech
  8.5 hours ago — Business Standard

• Auto stocks gain on fuel price cut; Maruti, Ashok Ley, M&M gain up to 5%

  Analysts also believe that the government's export duty hike on steel and plastic bodes well for the auto sector due to elevated commodity inflation.
  8.5 hours ago — Business Standard

• Davos Forum Is Back With Less Billionaire Starpower And No Snow

  After a two-year hiatus from the Swiss ski resort, the annual meeting of the World Economic Forum isn’t going to be the same.
  8.5 hours ago — Bloomberg Quint

• How a French bank captured Haiti

  Debt had smothered the country for more than a half-century. Despite ousting its colonial rulers in a war of independence, Haiti had been forced to pay the equivalent of hundreds of millions of dollars to its former French slave masters, a ransom for the freedom it had already won in battle
  8.5 hours ago — Moneycontrol

• WEF at Davos needs to identify solutions instead of just problems

  On paper, the upcoming Davos meeting would be perfectly suited for resolving these conflicts. History, however, does not provide much encouragement or optimism
  8.5 hours ago — Business Standard

• What will excise duty cut mean for OMCs? MK Surana explains

  “OMCs will have to decide whether to take a price hike or not, but definitely it gives some operational flexibility. Also it gives some comfort in the working tactical management on a day-to-day basis and whether the price hike will be there or not, will depend on what view is taken because the government has cut the excise duty with a view to control the inflation.”
  8.5 hours ago — Economic Times

• General Atlantic to invest $2 billion in India, Southeast Asia

  General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail, and consumer
  8.5 hours ago — The Hindu Business
  • General Atlantic plans $2 billion investment in India, Southeast Asia 8.5 hours ago — Moneycontrol
  • General Atlantic plans $2 bn investment in India and Southeast Asia 8.5 hours ago — Business Standard

• Burmans' promoter status in Eveready Industries hinges on completion of 'open offer'

  The Burman Group of entities had announced the "intent" to take control of Eveready and proposed the open offer
  8.5 hours ago — The Hindu Business

• Watch: Noida man arrested for recreating Ajay Devgn stunt, SUVs seized

  A car stunt popularised by Bollywood actor Ajay Devgn has landed one Noida man in trouble with the police.
  8.5 hours ago — Moneycontrol

• How this high-risk strategy midcap mutual fund has managed the downside well

  Kotak Emerging Equity Fund, a MC30 mutual fund scheme, has given consistent returns since its inception. Despite its large size, the fund has managed to manoeuvre its portfolio deftly so far
  8.5 hours ago — Moneycontrol

• Shree Cement Q4 Review: Analysts Cut Target On Near-Term Cost Woes

  Shree Cement's valuation, though corrected, are still at a premium to market leader UltraTech Cement's, analysts say.
  8.5 hours ago — Bloomberg Quint

• Digital economy is space for future opportunity between India, U.S.: USIBC

  ‘Digital economy trade is the goose that lays the golden eggs,’ says Atul Keshap
  8.5 hours ago — The Hindu Business

• Top cryptocurrency prices today: Bitcoin, Ethereum, Solana, Avalanche gain up to 5%

  The global cryptocurrency market cap was trading higher at the $1.29 trillion mark, jumping more than 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume rallied more than 28 per cent to $62.13 billion.
  8.5 hours ago — Economic Times

• CPI MP Binoy Viswam urges rail minister to restore senior citizen concession in trains

  In the letter, the MP said crores of senior citizens across the country have been affected by the railway’s decision to withdraw the concessions given to them.
  8.5 hours ago — Moneycontrol

• Gold rate today: Yellow metal rises higher, silver tops Rs 61,500

  Gold futures on MCX were trading marginally higher by 0.28 per cent or Rs 142 up at Rs 50,971 per 10 grams. However, Silver futures jumped about 0.26 per cent or Rs 218 at Rs 61,625 per kg.
  8.5 hours ago — Economic Times

• As gold loans lose shine, lenders face growth test

  Small businesses, a significant portion of gold loan borrowers, are seeing their balance sheets under pressure again. This could jeopardise their repayment capacity 
  9 hours ago — Moneycontrol

• Rupee rises 4 paise to 77.66 against US dollar in early trade

  The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.42 per cent lower at 102.71.
  9 hours ago — Economic Times
  • Indian rupee rises 4 paise to 77.66 against US dollar in early trade 9 hours ago — Moneycontrol

• MSCI Inclusion Impact: Adani Power hits record high, up 35% in seven days

  In the past three months, the stock has zoomed 161 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.
  9 hours ago — Business Standard

• Ukraine rules out territorial concessions, as Russia steps up attacks

  Air raid sirens blared across Ukraine on Monday morning, sounding the daily alarm ahead of anticipated attacks by Russian forces in the east and south of the country.
  9 hours ago — Moneycontrol

• Chipmaker Broadcom In Talks To Buy Cloud Company VMware: Report

  Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters.
  9 hours ago — NDTV Business

• Self driving vehicle startup Minus Zero raises $1.7 million led by Chiratae Ventures

  The Bengaluru-based startup was founded by Gagandeep Reehal and Gursimran Kalra in 2021 while they were still students
  9 hours ago — Moneycontrol

• Digital economy is space for future growth and opportunity between India, US: USIBC President

  Addressing the 7th India Ideas Conclave in Bangalore on Sunday hosted by the India Foundation, at the panel Commerce & Industry 2.0. President of the USIBC Atul Keshap discussed India's impressive development, the success of government-led digitisation efforts, and the country's status as the fastest-growing large economy.
  9 hours ago — Moneycontrol

• Caught on camera: Lion bites off zookeeper’s finger in horrifying video

  A lion at a Jamaican zoo bit off a zookeeper’s finger in front of horrified visitors on Friday.
  9 hours ago — Moneycontrol

• The Eastern Window: Will China really relax monetary policy? And will it work?

  Economic logic and recent signals from Beijing indicate that China may be on the path of monetary easing and a softening in the Communist Party’s control over businesses. But such hopes may prove elusive because the party has its own political logic and is more concerned about preserving its influence
  9 hours ago — Moneycontrol

• Steel stocks bleed after govt imposes export duty; Tata Steel plunges 14%

  Further, the government has imposed a 15 per cent export duty on hot-rolled, and cold-rolled steel products from nil earlier. On the import front, the government has cut import duty on some raw materials like PCI, met coal and coking coal.
  9 hours ago — Economic Times

• Bharti Airtel Is Well Positioned To Gain From Telecom Revival: Morgan Stanley

  Morgan Stanley initiated coverage on Bharti Airtel with a price target of Rs 840 apiece, an implied upside of 25%.
  9 hours ago — Bloomberg Quint

• Centre's $26 Billion Inflation-Fighting Aid To Result In Extra Borrowing

  India unveiled inflation-fighting fiscal measures estimated to be worth $26 billion, including cuts to fuel taxes and import duties, adding pressure on government borrowing and bonds while joining...
  9.5 hours ago — NDTV Business

• NSE sees hectic trading, tax-evaders have a field play

  Foreign investors pare stake even as more local investors vie for a piece of NSE
  9.5 hours ago — Moneycontrol

• Sensex, Nifty see muted start to Monday's session; top steel stocks plunge up to 15%

  Among Sensex stocks Maruti Suzuki climbed 2.87 per cent to Rs 7,804.70. Axis Security said Maruti Suzuki could emerge as the biggest beneficiary of demand recovery in the post-COVID period, considering its stronghold in the entry-level segment and a favourable product lifecycle.
  9.5 hours ago — Economic Times

• Nifty valuations offer margin of safety against earnings downgrade: Mitesh Dalal

  "We are positive on financials, healthcare, chemical and telecom & media sectors. Large private banks are likely to be major gainers of the rising interest rate scenario with valuations becoming reasonable. Healthcare sector is trading at reasonable valuations with companies having higher exposure in India as they are set to benefit from price hikes as permitted by the regulator."
  9.5 hours ago — Economic Times

• As WEF gets underway at Davos, India sells stability, growth, and dynamism

  WEF 2022: With the war in Ukraine, world is grappling with economic uncertainty, but India finds itself in a sweet spot at the World Economic Forum in Davos
  9.5 hours ago — Business Standard

• What is in store for iron and steel, post the change in duty structure?

  With the onset of monsoon, off-take and prices of steel are both likely to be weak. Prices of pellets are likely to correct sharply, given lower export opportunities.
  9.5 hours ago — Moneycontrol

• Vardhman Text Consolidated March 2022 Net Sales at Rs 2,707.11 crore, up 39.04% Y-o-Y

  9.5 hours ago — Moneycontrol
  • IndiGrid InvIT Consolidated March 2022 Net Sales at Rs 558.70 crore, up 10.15% Y-o-Y 9.5 hours ago — Moneycontrol
  • Morarjee Text Consolidated March 2022 Net Sales at Rs 79.83 crore, up 23.61% Y-o-Y 9.5 hours ago — Moneycontrol
  • Arvind Smart Consolidated March 2022 Net Sales at Rs 161.13 crore, up 149.84% Y-o-Y 9.5 hours ago — Moneycontrol
  • S P Apparels Consolidated March 2022 Net Sales at Rs 253.90 crore, up 32.5% Y-o-Y 9.5 hours ago — Moneycontrol
  • Uttam Galva Consolidated March 2022 Net Sales at Rs 211.58 crore, up 10.06% Y-o-Y 9.5 hours ago — Moneycontrol

• Macquarie sees Paytm at Rs 450, Goldman Sachs at Rs 1,070. Where is it headed?

  One 97 Communications, which operates Paytm, said its March quarter net loss widened to Rs 761.4 crore compared to Rs 441.8 crore in the same quarter last year. Losses were marginally lower than Rs 778 crore in the December quarter. Revenue from operations came in at Rs 1,540.9 crore, up 88.99 per cent against Rs 815.3 crore it recorded in the same quarter year ago.
  9.5 hours ago — Economic Times

• What CLSA has to say about Zydus Life, NPTC, Shree Cement & steel stocks

  CLSA has maintained a buy rating on NTPC with a target price of Rs 180, thanks to increasing markets. "NPTC is leading the energy transition," it added. The broker said that NPTC ended FY22 on a good note with a 43 per cent rise in renewable capacity.
  9.5 hours ago — Economic Times

• Sun Pharma, Bajaj Finance among 7 stock ideas that can offer solid returns in short-term

  
  9.5 hours ago — Economic Times

• Government Walks Tightrope Between Inflation And Wider Fiscal Deficit

  The inflation impact of the government-announced measures could be about 50 basis points. Fiscal deficit seen rising to 6.8-6.9%.
  10 hours ago — Bloomberg Quint

• After $5 trn rout, emerging markets seek turnaround signal from investors

  The combined equity values of the 24 nations classified as emerging markets by MSCI Inc. has fallen $4 trillion since a peak in early 2021
  10 hours ago — Business Standard

• Sebi summons top brass of SecureKloud for alleged breaches

  In response to ET's query, a company spokesperson said the company has been cooperating with the regulator to conclude the audit and has disclosed it to shareholders.
  10.5 hours ago — Economic Times

• Karur Vysya Bank: Improvement continues, ripe for re-rating

  The stock of Karur Vysya Bank offers immense upside because of a valuation rerating once the current market volatility gives way to stability
  10.5 hours ago — Moneycontrol

• Vaibhav Agrawal of Teji Mandi explains why he is positive on auto sector despite headwinds

  "A sort of relief rally is playing out in the market be it largecap, or small and midcap stocks. So that’s been the range and next week will be interesting as you pointed out the monthly expiry. The way markets have seen the momentum on Friday, it can continue next week as well but broadly will be in that range as we have seen since the last few days."
  10.5 hours ago — Economic Times

• No new triggers for Reliance in next 2 quarters; post Covid, pharma may do well: Rajat Sharma

  “Reliance valuations rose sharply in the last two-three years, much better than for about 10-15 years in the past. Going forward, as the selling pressure comes into the market, Reliance would definitely struggle. In the next two quarters, Reliance remains where it is because I do not see any new triggers coming for Reliance to take the stock higher.”
  10.5 hours ago — Economic Times

• How millennials are investing and diversifying their portfolios

  The primary investment style for everyone, including millennials, remains the same, which is based on one’s risk tolerance
  10.5 hours ago — Live Mint

• ETMarkets Smart Talk: Risk-rewards more favorably asymmetric elsewhere than in India: Piyush Sharma

  "Price isn’t the arbiter of value, particularly in poor price discovery pockets. We are supposed to capitalize on sentiment, and not instead partake in cycles of frenzy or panic around us. From our vantage point, there is really no reason to be significantly more or less cautious than what one was say two quarters ago. You can never really afford to not be cautious."
  10.5 hours ago — Economic Times

• Is the GST Council facing an identity crisis? 

  The government should clear the air on the authority of the GST Council in light of the Supreme Court verdict  
  10.5 hours ago — Moneycontrol

• Buy or Sell: Stock ideas by experts for May 23, 2022

  
  10.5 hours ago — Economic Times

• Markets Live With Santo And CJ | Will excise duty cut on fuel spur rally? Shree Cement, Paytm, Sarda Energy in focus

  Tune in at 9
  10.5 hours ago — Moneycontrol

• Agri Picks Report: Geojit

  According to Geojit , Acreage under tur across the country is expected to shrink by 11-15% to 4.3-4.5 mln ha in 2022-23 (Jul-Jun) due to fall in prices of the pulse below its minimum support price and rise in prices of other crops like soybean and cotton.
  10.5 hours ago — Moneycontrol

• Top cryptocurrency news on May 23: The biggest moves in cryptocurrencies, regulations and more

  A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day
  10.5 hours ago — Moneycontrol
  • Moneycontrol Daily: Your Essential 7 10.5 hours ago — Moneycontrol

• PM Modi arrives in Japan for Quad summit. A glimpse of what’s in store for 2-day visit

  Prime Minister Narendra Modi on Monday arrived in Japan for a two-day visit to attend a summit of the Quad leaders
  10.5 hours ago — Moneycontrol
  • India-Japan key pillars of stable, secure Indo-Pacific region: PM Modi says in op-ed in Japanese newspaper 10.5 hours ago — Moneycontrol

• Stock Radar: Kotak Mahindra Bank gives breakout above falling trendline; target seen at Rs 2,000

  The stock, with a market capitalisation of more than Rs 3.6 lakh crore, has remained resilient amid market volatility. The stock has also given a breakout above the falling trendline channel around Rs 1,800. Hence, any dips toward Rs 1,800 can be used to create long positions in the stock.
  11 hours ago — Economic Times

• How An Energy Expert Triggered Vladimir Putin With One Word

  The story of how the mention of the word ‘shale' led to Putin shouting at an energy expert.
  11 hours ago — Bloomberg Quint

• Vodafone Idea to soon get Rs 20,000 crore in fresh funding, says CEO

  Vodafone Idea is planning to raise Rs 20,000 crore, including Rs 10,000 crore in equity and remaining as fresh loans from banks
  11 hours ago — Business Standard

• Stocks in focus: Paytm, Jet Airways, Birlasoft and more

  
  11 hours ago — Economic Times

• Buy USDINR; target of : 78.00: ICICI Direct

  ICICI Direct, The US dollar appreciated by 0.15% on Friday amid a rout across markets due to fears of the impact of soaring inflation.
  11 hours ago — Moneycontrol

• Daily Voice | Market far from being in a stable territory, pick these 4 themes, says Varun Lohchab of HDFC Securities

  We don't believe that bear market phase is over as the near-term risks might be known but their quantum & duration of existence are still unknown, said Varun Lohchab of HDFC Securities
  11 hours ago — Moneycontrol

• SEBI proposes banning celebrity promotion of cryptocurrency: Know how Salman Khan, Ayushmann Khurrana, Ranveer Singh and others endorsed it

  A big lesson for investors, who fell for flashy crypto advertisements by their favourite Bollywood celebrities last year, is to do their own research and not follow the herd
  11 hours ago — Moneycontrol

• Big Movers on D-St: What should investors do with ITC, Welspun Corp, and Adani Power?

  ITC has been a marked outperformer amid weak market sentiment in the week gone by. It continued its bullish momentum followed by a breakout from a bullish flag formation.
  11 hours ago — Economic Times

• Benefits of using rental property for retirement income. Experts explain

  Experts explain why owning a rental property is one of the best retirement moves
  11 hours ago — Live Mint

• Sri Lanka Is A Small Preview Of A Global Default Crisis

  The country is already wracked with shortages. The social order may shatter if the economy isn’t infused with cash soon.
  11 hours ago — Bloomberg Quint

• Corporate Radar: Dividends, rights issues, AGMs and Q4 earnings

  At least five stocks will go ex-dividend today. They included Angel One, Caplin Point Laboratories, Coforge, Cyient and Dolat Algotech.
  11 hours ago — Economic Times

• MARKET LIVE: Subdued open on cards for Sensex, Nifty; SGX Nifty off highs

  Stock market live updates: The SGX Nifty June futures came off highs and were quoting at 16,262 levels at 7:30 am, largely unchanged from the last close.
  11 hours ago — Business Standard
  • Market LIVE Updates: SGX Nifty indicates a flat to negative start for the Indian indices 11 hours ago — Moneycontrol

• SGX Nifty up 10 points; here's what changed for market while you were sleeping

  Nifty50 on Friday capitalised on a strong gap-up start as the index ended almost at day's higher. In the process, it breached its immediate resistance level of 16,150 and formed a bullish candle both daily and weekly scales. Analysts said more upside is in the offing and advised traders to be cautiously bullish for the week ahead.
  11.5 hours ago — Economic Times

• Airport Privatisation: States’ Demand Prompts Need To Review Civil Aviation Policy

  Tamil Nadu and Jharkhand are seeking a revenue share from Airports Authority of India's airport privatisation drive.
  11.5 hours ago — Bloomberg Quint

• Shriram Group to have five regional poles ahead of merger

  The company will have one JMD each based in Bengaluru, Hyderabad and Chennai along with Mumbai and Ahmedabad to handle the day to day operations of the region.
  11.5 hours ago — Economic Times

• Stock Radar: Buy Kotak Mahindra Bank for a target of Rs 2000, Sumeet Bagadia's recommendation

  
  11.5 hours ago — Economic Times

• MC Insider: Message in a T-shirt, sarkari moves after LIC IPO, brokerage gunning for ETFs, NBFC wary about fintech, and more

  11.5 hours ago — Moneycontrol

• Oil climbs in tight market as US driving season looms

  Brent crude futures rose 82 cents to $113.37 a barrel at 0126 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed 69 cents, or 0.6%, to $110.97 a barrel, adding to last week's small gains for both contracts.
  11.5 hours ago — Moneycontrol
  • Oil climbs in tight market as U.S. driving season looms 11.5 hours ago — Economic Times

• Dollar wobbles lower as China growth hopes lift Aussie

  "The dollar may be carving out a peak, given Europe’s resilience to the energy shock and potential easing of lockdowns in China," said Commonwealth Bank of Australia strategist Joe Capurso.
  11.5 hours ago — Economic Times

• After meltdown, tech-bottom signals have yet to scream ‘buy now’

  Tech stocks have been hammered this year as rising interest rates, slowing economic growth and soaring inflation form a perfect storm of negative catalysts.
  11.5 hours ago — Moneycontrol

• Gold hits over 1-week high as dollar dips

  Spot gold rose 0.3% to $1,850.39 per ounce, by 0039 GMT, their highest since May 12. U.S. gold futures GCv1 also gained 0.3% to $1,847.90.
  11.5 hours ago — Economic Times
  • Gold hits over 1-week high as US dollar dips 11.5 hours ago — Moneycontrol

• Top 10 things to know before the market opens today

  Trends in SGX Nifty indicate a flat opening for the broader index in India with a gain of 5 points
  11.5 hours ago — Moneycontrol

• Asia stocks weighed by inflation concerns, China tech selling

  MSCI's broadest index of Asia-Pacific shares outside Japan was flat, after U.S. stocks ended the previous session with negligible gains for the day. The index is down 3.6% so far this month. A negative tone was evident as Hong Kong's Hang Seng Index slid 0.38% and the mainland's CSI300 Index dropped 0.37%, led by a 1.5% decline in technology firms .
  11.5 hours ago — Economic Times

• Stock selloff to intensify as fresh 10% plunge looms, survey finds

  With the S&P 500 flirting with a bear market last week and notching more than $1 trillion in losses, participants in the latest MLIV Pulse survey reckon there’s more pain to come.
  11.5 hours ago — Moneycontrol

• Top 10 trading ideas from experts for next 3-4 weeks as market snaps five-week losing streak

  The broader market has started to show some encouraging signs, with the Nifty Midcap 100 and Smallcap 100 indices rising 3 percent and 4 percent. This should do extremely well if the market remains above the psychological support of 16,000
  12 hours ago — Moneycontrol

• MatchMove Buys Singapore Startup Shopmatic for $200 Million

  The combined entity will target revenues of $400 million and four million customers in 15 countries, including India, by 2026.
  12 hours ago — Bloomberg Quint

• US Corporate credit spreads hovering around 'Danger Zone'

  A similar warning sign, meanwhile, is flashing in the junk-debt market as spreads on the riskiest tier of bonds move dangerously close to 1,000 basis points -- what would be considered a distressed level. Investors will also parse through a fresh batch of minutes from the most recent Fed rate-setting meeting, which may help give markets insight into the US central bank's tightening path.
  12 hours ago — Economic Times

• Threat of recession is real in emerging countries, but things look better for India: President of World Economic Forum

  The meeting will bring together nearly 2,500 global leaders to address current challenges during this time of heightened polarization.
  12 hours ago — Moneycontrol

• Stocks to Watch: Infy, L&T, PowerGrid, BHEL, NTPC, IDBI Bank, Steel makers

  Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.
  12 hours ago — Business Standard
  • Stocks in the news: Infosys, Paytm, NTPC, Power Grid, BHEL and Sun Pharma 12 hours ago — Economic Times

• Punjab's agriculture sector to be presented as model before India: Arvind Kejriwal

  Arvind Kejriwal also lauded the Punjab government, led by Chief Minister Bhagwant Mann, for taking "farmer-friendly" decisions.
  12.5 hours ago — Moneycontrol

• Banks to stop collateral-free intra-day funding to brokers

  Till now, such intra-day exposures to market intermediaries - unlike guarantees to a broker or longer-tenor loans to finance proprietary trades - were not considered as 'loan' to brokers. It largely remained a grey area as neither banks categorised it as capital market exposure nor the regulator insisted on it. However, this changed with RBI imposing conditions on banks for having current accounts of firms and companies.
  12.5 hours ago — Economic Times

• PM Modi to attend launch event of IPEF in Tokyo today

  Modi left for Japan on Sunday evening primarily to attend the second in-person summit of the Quad leaders on May 24.
  12.5 hours ago — Moneycontrol

• Can IT firms ward off the Great Resignation?

  An explainer on why IT firms are hiking salaries for fresh graduates
  12.5 hours ago — Finshots

• Steel stocks set to face export duty heat

  India exported 13.5 million tonnes (MT) of finished steel in FY22, compared with 10.8 MT in FY21, while domestic steel consumption stood at 106 MT during the same period, up from 94 MT in FY21. India's iron ore exports stood at 15.3 MT in FY22, while that of iron ore pellets stood at 11 MT.
  12.5 hours ago — Economic Times

• India considering spending additional $26 billion to fight inflation: Sources

  The new measures will be double the 1 trillion rupees hit government revenues could take from tax cuts on petrol and diesel the finance minister announced on Saturday, both the officials said.
  12.5 hours ago — Moneycontrol
  • Centre likely to spend another $26 billion in FY23 to fight inflation 12.5 hours ago — Business Standard

• Paytm payments bank expects central bank curbs to be lifted in three-five months

  In March, the Reserve Bank of India ordered a comprehensive audit of the company's IT systems, citing "material" supervisory concerns, without elaborating further, and barring it from taking on new customers.
  12.5 hours ago — Moneycontrol
  • Paytm payments bank expects RBI curbs to be lifted in 3-5 months: Executive 12.5 hours ago — Business Standard

• Indian steelmakers face hit on Europe deals over export tax: JSPL executive

  India imposed an export tax of 15% on eight steel products late on Saturday, at a time steelmakers are looking to make up for tepid local demand by increasing market share in Europe, whose supplies have been hit by Russia's invasion of Ukraine.
  12.5 hours ago — Moneycontrol

• Deploy modified call butterfly strategy in Nifty: Shubham Agarwal

  Considering the negative momentum, the upcoming week can be approached with a low-risk strategy like modified call butterfly in Nifty.
  12.5 hours ago — Moneycontrol

• Close to tying up Rs 20,000 crore to fight rivals: Vodafone Idea MD Ravinder Takkar

  Completion of the exercise to issue the company's shares to the government against interest on deferred statutory payment is "just around the corner", Ravinder Takkar told ET. This is the last box that needs to be checked before the funding is arranged, added the 53-year-old, who has been at the helm of the loss-making telco since August 2019.
  12.5 hours ago — Economic Times

• Choppiness to remain high amid monthly expiry; Nifty may touch 16,700-16,800: Experts

  Markets have been witnessing wild swings within the 15,700-16,400 range and currently trading closer to the upper band. Participants should wait for a decisive close above 16,400 to change the bias. In case of a breakout, the 16,650-16,800 zone act as a hurdle, says Ajit Mishra, VP Research. Religare Broking.
  13 hours ago — Moneycontrol

• Looking for diamonds in the dust: Stocks to buy and hold post correction

  While Systematic Investment Plans (SIPs) of mutual funds are one way to bet, investors wanting to bet directly on equities could also consider SIPs in specific stocks with strong prospects. ET spoke to analysts at five leading brokerages for their top SIP stock picks.
  13 hours ago — Economic Times

• Nifty likely to trade in 15,900-16,600 range

  Nifty closed positive after six weeks on weekly charts creating hope that markets may have bottomed and we could see a bounce back. However, failure to cross 16,500 will keep the odds open for another sell-off in the coming weeks. It is too early to bet on a sustainable rally in the market.
  13 hours ago — Economic Times

• Options Trade | An earnings-based non-directional options strategy in Coal India

  Coal India is expected to remain sideways within our range. An Iron Condor trade to capitalise.
  13 hours ago — Moneycontrol

• Government mulls selling stakes in Hindustan Zinc Ltd, ITC; DIPAM begins talks

  The delay in the strategic sale of Pawan Hans, Shipping Corporation of India (SCI), IDBI Bank, and Bharat Petroleum Corporation Ltd (BPCL), and the scaled-down public offer of Life Insurance Corporation (LIC) of India have forced the government to consider other options.
  13 hours ago — Economic Times

• Oil Steadies as Traders Weigh Tight Gasoline Market, Weak Growth

  Track the latest developments around oil here.
  13 hours ago — Bloomberg Quint
  • Oil Gains On Tight Fuel Supplies While Recession Fears Grow 13 hours ago — Bloomberg Quint

• Stocks, US Futures Rise; Treasuries, Dollar Dip: Markets Wrap

  Here's all you need to know about what's moving markets.
  13 hours ago — Bloomberg Quint

• Broadcom in talks to acquire VMware: Sources

  Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms under discussion could not be learned.
  13.5 hours ago — Moneycontrol

• More than 100 million people forcibly displaced in the world: UN

  The war in Ukraine has been one of the factors propelling millions of people to flee, the UNHCR said, adding that protracted conflict in places like Ethiopia and Democratic Republic of Congo were other factors behind the high numbers.
  13.5 hours ago — Moneycontrol

• Hot Stocks | Here's why you should bet on Petronet LNG, Axis Bank for short term

  Ff global market remains stable, Axis Bank is likely to give decent relief rally in the coming week. We recommend buying for a near term target of Rs 700. The strict stop-loss needs to be placed at Rs 657.
  13.5 hours ago — Moneycontrol

• Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states

  ArcelorMittal has made an investment of around $600 million for 1,000 MW capacity of the project.
  17 hours ago — Business Standard

• NCLAT dismisses Hinduja Leyland Finance plea for insolvency proceedings

  The NCLAT has dismissed the plea of Hinduja Leyland Finance to initiate insolvency proceedings against its creditor Fly Express Logistics
  17 hours ago — Business Standard

• Prestige Group to pump at least Rs 7,500 cr to gain foothold in Mumbai

  The listed company, which has a presence in the southern market and has delivered over 250 projects, will develop both residential and commercial projects in the financial capital
  17 hours ago — Business Standard

• Tata Motors expects PV industry to surpass FY19 volumes this fiscal

  The firm expects a better business environment this fiscal even as chip shortages continue to making it challenging to cater to the enhanced demand
  17 hours ago — Business Standard

• GST Council likely to modify monthly tax payment form for ITC clarity

  The modified form will help in checking bogus ITC claims and ensure that honest taxpayers are able to timely avail the ITC benefit
  17 hours ago — Business Standard

• Infra projects of Rs 500cr and more to route through PM GatiShakti's NPG

  The Department for Promotion of Industry and Internal Trade (DPIIT) has also created a national master plan digital platform
  17 hours ago — Business Standard

• Opposition states follow Centre, reduce VAT on petrol and diesel

  However, among BJP-ruled states, Gujarat was unlikely to follow suit and reduce VAT on petrol and diesel, said senior officials
  17.5 hours ago — Business Standard

• Amazon accuses Future independent directors of 'fraudulent stratagem'

  Amazon dragged Future Group to arbitration at SIAC in October 2020, arguing that FRL had violated their contract by entering into a deal for sale of its assets to Reliance Retail
  18 hours ago — Business Standard

• Infosys reappoints Salil Parekh as CEO and MD for the next 5 years

  Parekh, the CEO & MD of Infosys since January 2018, has successfully led Infosys in the last 4 years
  18 hours ago — Business Standard

• SBI keen to sell stressed power, other loans

  Inordinate delays in debt resolution of the distressed companies in bankruptcy courts and a nudge from the government to provide additional loans to already distressed power companies have encouraged lenders to look at exit options.
  18.5 hours ago — Economic Times

• Best home loan rates

  Here’s a look at the lowest home loan interest rates of some leading banks
  19 hours ago — Live Mint

• Save Now Pay Later startups seek to tie savers to brands

  The platforms do not pay out any interest if you change your mind and withdraw your money
  19.5 hours ago — Live Mint

• TATA IPL 2022 | SRH vs PBKS: Turning point -- SRH dropping Livingstone twice

  Livingstone remained unbeaten on 49, scoring at a strike rate of nearly 223, smashing five sixes and two fours.
  19.5 hours ago — Moneycontrol

• TATA IPL 2022 | SRH vs PBKS: Star performer of the match: Harpreet Singh Brar

  Brar, who has been with the PBKS since 2019 and gone about his business quietly, took three for 26 on the day, the best figures of the match
  20 hours ago — Moneycontrol

• TATA IPL 2022 | Punjab Kings beat SunRisers Hyderabad by five wickets in last league match

  It was disciplined bowling by PBKS that did not allow SRH, who chose to bat after acting captain Bhuvneshwar Kumar won the toss, to race away to a tall score.
  20 hours ago — Moneycontrol

• IPL 2022 SRH vs PBKS Highlights: Punjab finish its season with big victory

  SRH vs PBKS Highlights: Livingstone's brilliant 49* off 22 balls combined with Harpreet Brar's 3-26 in 4 overs led Punjab Kings to a 5-wicket win over Sunrisers Hyderabad in the last league game
  20 hours ago — Business Standard
  • IPL 2022 SRH vs PBKS Live Updates: Punjab cruising to victory at 97-3 in 10 20 hours ago — Business Standard

• Live: Davos hosts WEF meeting with focus on Ukraine war, climate change

  The active cases comprise 0.03 per cent of the total infections, while the national Covid-19 recovery rate was recorded at 98.75 per cent, the health ministry said. Stay tuned for more updates
  20 hours ago — Business Standard

• ‘Index funds are low-cost, simple for retail investors to understand’

  Unlike most startups, we don’t spend on marketing. So a lot of the growth that you’ve seen is completely organic, says Pratik Oswal, CEO, Glide Invest
  20.5 hours ago — Live Mint

• How can one withdraw money from EPFO?

  As per provisions of EPF scheme, 1952, interest shall not be credited to the account of a member from the date on which the account has become an inoperative account
  20.5 hours ago — Live Mint

• Do you have to pay tax on foreign travel expenses?

  Foreign travel expenditure above ₹2 lakh has to be disclosed in the ITR
  20.5 hours ago — Live Mint

• Premier League: Manchester City clinches 6th title in 11 seasons

  Manchester City clinched a sixth Premier League title in 11 seasons on Sunday by scoring three times in five minutes to come from behind to beat Aston Villa 3-2 in the finale to avoid being toppled by challenger Liverpool.
  21 hours ago — Moneycontrol

• Covid-19: INSACOG confirms presence of BA.4, BA.5 Omicron variants in India

  The Indian SARS-CoV-2 Genomics Consortium (INSACOG) on Sunday confirmed the first case of BA.4 and BA.5 variants of Covid-19 in India.
  21 hours ago — Business Standard

• China’s Wang Yi Says US’s Indo-Pacific Strategy ‘Doomed To Fail’

  The U.S. is keen to gang up and create ‘small circles’” in an attempt to contain China, China's foreign ministry said.
  21.5 hours ago — Bloomberg Quint
  • China foreign minister says USA's Indo-Pacific strategy 'doomed to fail' 21.5 hours ago — Business Standard

• Centre fully bears fuel tax cut burden, says Nirmala Sitharaman

  Ms. Sitharaman says basic excise duty on petro products, which is sharable with States, remains untouched
  21.5 hours ago — The Hindu Business

• IPL 2022 SRH vs PBKS Live Updates: Sundar-Romario help Hyderabad get to 157

  SRH vs PBKS Live Updates: Catch all the action from the non-consequential last league game between Sunrisers Hyderabad and Punjab Kings as Wankhede and Mumbai witness their last IPL action this season
  22 hours ago — Business Standard
  • IPL 2022 SRH vs PBKS Live Updates: Hyderabad take the PP, score 43/1 in 06 22 hours ago — Business Standard
  • IPL 2022 SRH vs PBKS Live Updates: Hyderabad win toss, opt to bat first 22 hours ago — Business Standard

• Discoms' dues to gencos touch Rs 1.19 trillion amidst coal-power crisis

  The Union Ministry of Power recently asked six states to clear their dues to power generating stations and national miner Coal India (CIL).
  22 hours ago — Business Standard

• SIAM seeks reduction in CNG prices, import duty cut on raw materials

  Auto industry body SIAM on Sunday sought a reduction in CNG prices and import duties on certain raw materials for steel and plastic products while welcoming the government's decision to lower the petrol and diesel prices.
  22.5 hours ago — Moneycontrol

• India's top crypto app CoinSwitch calls for regulatory 'peace, certainty'

  India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday.
  22.5 hours ago — Moneycontrol
  • At WEF, Indian crypto app CoinSwitch for regulatory 'peace, certainty' 22.5 hours ago — Business Standard

• State teams pitch tent at Davos for World Economic Forum

  Ministers from southern States attend WEF
  22.5 hours ago — The Hindu Business

• India sends over 2 bn humanitarian aid consignment to Sri Lanka amid crisis

  The consignment comprises 9,000 metric tons of rice, and 50 metric tons of milk powder, coupled with over 25 metric tons of drugs and other pharmaceutical supplies
  22.5 hours ago — Business Standard

• Sorabh Pant: "30 pages is just not enough to get an advance from publishers – which was my end goal"

  'Vote For Pant' is stand-up comedian Sorabh Pant's first non-fiction title. He has previously written three novels.
  22.5 hours ago — Moneycontrol

• Centre mulls spending over ₹2 lakh crore to fight inflation, say sources

  Retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high.
  22.5 hours ago — The Hindu Business

• Understanding the premises of technical analysis

  ​Trading technology, interface, and tools have evolved over time, but market psychology and reaction from the state of greed and fear tend to be very predictable.
  22.5 hours ago — Economic Times

• [email protected]: More investments, less conflicts, pandemic-ready infra on leaders' minds

  The Indian story at Davos this time also has a key component of various states making their strong respective pitches for investments and global collaborations.
  23 hours ago — Moneycontrol

• Climate to conflict, Davos' post-COVID return has full plate

  With their lofty ambition to help improve the state of the world, forum organizers have their work cut out for them: there are soaring food and fuel prices, Russia's war in Ukraine, climate change, drought and food shortages in Africa, yawning inequality between rich and poor, and autocratic regimes gaining ground in some places on top of signs that the pandemic is far from over.
  23 hours ago — Moneycontrol

• K-drama review: 'Green Mothers’ Club' about ambitious parents is relatable and riveting

  How far would you go to discover your child’s academic potential?
  23 hours ago — Moneycontrol

• Centre making efforts to connect startups to govt ecosystem: Union minister Chandrasekhar

  The Centre is making efforts to connect Indian startups with the government ecosystem so that its procurement requirements can be met with their innovative solutions, Union Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar said here on Sunday.
  23 hours ago — Moneycontrol

• Maharashtra joins WEF in fight against plastic pollution

  The partnership will bring together Maharashtra's leading policy-makers, business leaders, civil society organizations and experts to formulate a state-level plan to eradicate plastic pollution.
  23.5 hours ago — Moneycontrol

• Moneycontrol Selects: Top stories this evening

  Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.
  23.5 hours ago — Moneycontrol

• 'Excise duty cut to help reduce logistics cost; promote exports'

  Excise duty cut on petrol and diesel and rationalisation of customs duties on goods such as raw material for plastic and steel will help reduce logistics cost, promote competitiveness of manufacturing and exports of value-added goods, exporters said on Sunday.
  23.5 hours ago — Moneycontrol

• Karnataka CM Bommai boasts about Karnataka's number one position in FDI inflow, as he leaves for Davos

  Karnataka Chief Minister Basavaraj Bommai on Sunday boasted about the state's number one position across the country in attracting Foreign Direct Investment (FDI) inflow, as he departed to the Swiss ski resort town of Davos, to take part in the World Economic Forum's annual meeting.
  23.5 hours ago — Moneycontrol

• This 102-year-old shop in Kashmir is still making rose water the traditional way, with Koshur gulab

  Answers to questions like how is rose water made and uses of rose water in skincare and Indian sweets, and traditional remedies, including adding a dash to your kahwa to soothe a sore throat.
  23.5 hours ago — Moneycontrol

• Explainer: What are the key climate themes at Davos?

  While the COVID-19 pandemic and Russia's war in Ukraine will be focus of the World Economic Forum's gathering of business and government leaders, so too will climate change. It's captured the world's attention in unignorable and devastating ways.
  1 day ago — Moneycontrol

• HDFC set to raise up to Rs 12,000 crore via bonds, in talks with LIC

  The home financier is in talks with LIC of India, SBI Pension funds and LIC Pension funds that are expected to buy into these bonds, debt market sources familiar with the matter told ET. HDFC will likely use the proceeds to expand its loan book amid robust demand for new homes.
  1 day ago — Economic Times

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