• News Digest: CEA's departure, Yoga day, what led PNB fraud and more

  According to sources, the process of identifying Subramanian's successor has been under way for two months
  32 minutes ago — Business Standard

• Volvo Cars CEO says auto tariffs threaten jobs at new U.S. plant

  BERKELEY COUNTY, South Carolina (Reuters - Chinese-owned Volvo Cars opened a new auto factory in South Carolina on Wednesday as company executives warned that the U.S.-China trade dispute could undermine plans to create up to 4,000 more auto jobs in the heavily Republican state.
  52 minutes ago — Reuters

• Iran may agree increase in OPEC oil output: minister

  (Reuters) - Iran may agree to an increase in oil output by OPEC and its allies through producers who have overdelivered on cuts moving up to their quotas, Iranian Oil Minister Bijan Zanganeh said in an interview with CNN.
  1.5 hours ago — Reuters

• Arvind Subramanian resigns before term; Jaitley announces CEA exit on FB

  Chief Economic Advisor Arvind Subramanian informed me that he would like to go back to the US on account of pressing family commitments, Jaitley wrote in Facebook post
  1.5 hours ago — Business Standard
  • Chief Economic Adviser Arvind Subramanian latest high profile hire to quit government 1.5 hours ago — Reuters
  • Arvind Subramanian resigns as CEA to Modi govt, Jaitley announces in blog 1.5 hours ago — Business Standard
  • Arvind Subramanian resigns as CEA to Modi govt, says Arun Jaitley 1.5 hours ago — Business Standard
  • Chief Economic Adviser Arvind Subramanian to stand down, says finance minister 1.5 hours ago — Reuters

• B Sriram of SBI appointed MD & CEO of IDBI Bank

  Sriram has been working as the MD (Corporate and Global Banking) in SBI since July 2014
  1.5 hours ago — Business Standard

• Fifa World Cup 2018 Spain vs Iran: Photo highlights of the match, FT 1-0

  Spain are now level on points with Portugal in Group B, while Iran are in third and Morocco now eliminated following their loss earlier in the day.
  1.5 hours ago — Business Standard
  • Fifa World Cup 2018 Spain vs Iran live: When and where to watch 1.5 hours ago — Business Standard
  • Fifa World Cup 2018 Portugal vs Morocco live: When and where to watch 1.5 hours ago — Business Standard

• Nasdaq hits record high; Dow remains under pressure

  NEW YORK (Reuters) - The Nasdaq touched a record on Wednesday, lifted by a climb in large-cap tech and consumer discretionary names, while the Dow and S&P 500 were hemmed in as concerns over an escalation in the U.S.-China trade spat simmered.
  2 hours ago — Reuters
  • FAANGs power Nasdaq to record high; Dow remains under pressure 2 hours ago — Reuters

• Govt amends norms for full fledged internet telephony by telecom operators

  The new amendment allows only authorised licenced holder to provide full fledged internet telephony and not over-the-top players like WhatsApp, Google Duo
  2.5 hours ago — Business Standard

• Bank of Maharashtra CMD Ravindra Marathe arrested in Rs 30bn DSK Group scam

  The 83-year-old Pune-headquartered Bank of Maharashtra is ranked among the major public sector banks in India
  2.5 hours ago — Business Standard
  • Bank of Maharashtra CEO, executive director arrested in Rs3,000 crore fraud case 2.5 hours ago — Live Mint
  • Bank of Maharashtra CMD Ravindra Marathe arrested in 30-bn DSK Group scam 2.5 hours ago — Business Standard

• What trade war? FAANGs scale new highs

  (Reuters) - Four of the five so-called FAANG stocks – Facebook, Alphabet, Amazon and Netflix – surged to all-time highs on Wednesday, with only Apple spoiling a perfect scorecard.
  3 hours ago — Reuters

• Doom and gloom in advertising? I don't see it, says IPG boss Roth

  CANNES, France (Reuters) - The veteran boss of advertising giant IPG said he does not recognise the talk of "doom and gloom" in his industry, arguing the holding companies are needed more than ever to help clients chart the rapidly changing territory.
  4.5 hours ago — Reuters
  • Radical change is coming, says heir apparent to Sorrell's WPP ad empire 4.5 hours ago — Reuters

• After an eventful tenure, CEA Arvind Subramanian bids farewell

  The biggest impact he has left on the policy and economic landscape are through his economic surveys
  4.5 hours ago — Business Standard

• Disney nears U.S. nod for Fox deal - Bloomberg

  (Reuters) - Walt Disney Co is close to winning approval from U.S. antitrust regulators for its $71.3 billion bid for the bulk of Twenty-First Century Fox Inc's media assets, Bloomberg reported on Wednesday.
  4.5 hours ago — Reuters
  • India decides not to immediately revive Air India sale plan - Bloomberg 4.5 hours ago — Reuters

• Police arrest CEO, director of state-run Bank of Maharashtra over loans

  MUMBAI (Reuters) - The police arrested the chief executive and an executive director of state-run Bank of Maharashtra on Wednesday, accusing them of misusing their authority in making loans to a property developer.
  4.5 hours ago — Reuters
  • Police arrest chief executive, director of state-run Bank of Maharashtra over loans 4.5 hours ago — Reuters
  • Police arrest chief executive, director of state-run bank over loans 4.5 hours ago — Reuters

• GST on fuel may not be ‘pure’, says official

  Peak tax rate of 28% plus VAT likely
  4.5 hours ago — The Hindu Business

• Rising oil prices to hit private consumption says Urjit Patel

  Reserve Bank of India’ governor Urjit Patel said the recent increase in oil prices could impact private consumption adversely during the meeting of th
  5 hours ago — The Hindu Business
  • High oil prices hurting fiscal balance, says Pradhan 5 hours ago — The Hindu Business

• Committed to AI divestment: Sinha

  Will consider other alternatives depending on market conditions, says MoS
  5 hours ago — The Hindu Business

• China’s Xiaomi wants to make more products locally in India

  Third-party manufacturers may make TVs, speakers, T-shirts
  5 hours ago — The Hindu Business

• Pawan Hans stake sale draws bids

  Bids have been received for the strategic stake sale in helicopter services provider Pawan Hans, Civil Aviation Secretary R.N. Choubey said on Wednesd
  5 hours ago — The Hindu Business

• Govt. clears ₹38,062 cr. in GST refunds

  The government has cleared pending GST refunds to the tune of ₹38,062 crore to exporters so far, the Central Board of Indirect Taxes and Customs said
  5 hours ago — The Hindu Business

• SBI’s Sriram to be IDBI’s interim head

  The Centre on Wedneday gave B. Sriram, one of the managing directors of State Bank of India, the additional charge of officiating as MD and chief exec
  5 hours ago — The Hindu Business

• U.S. imports to attract EU levy from June 22

  Commission ratifies retaliatory tariffs
  5 hours ago — The Hindu Business

• Bhutan central bank warns citizens not to hold Indian currency in cash

  RMA says it would not be responsible for any ‘demonetisation-type action’
  5 hours ago — The Hindu Business

• Neuberg eyes African region for acquisitions

  Indian partnerships also on cards
  5 hours ago — The Hindu Business

• Food firm Anmol files for IPO

  Anmol Industries Ltd. (AIL), a branded packaged food company engaged in making biscuits and cakes, has filed draft papers for an IPO. The company is b
  5 hours ago — The Hindu Business
  • Anmol Industries files IPO papers with Sebi 5 hours ago — Live Mint

• Gensol to make India ‘back-end hub’ for solar plant monitoring

  Spanish JV partner Solarig to assist on pilot project in Japan
  5 hours ago — The Hindu Business

• Investors lap up FMPs as yields firm up

  Wealth managers believe investors find rates above 8% attractive to lock in and some money is shifting from debt fund categories which fared poorly in the past one year.
  5.5 hours ago — Economic Times

• Deal or no deal? Thyssenkrupp's CEO faces crunch Tata Steel talks

  FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp and India's Tata Steel are trying to hammer out the final details of a European steel joint venture which could decide the future of the German firm's Chief Executive Heinrich Hiesinger.
  5.5 hours ago — Reuters

• Boeing sees 2025 for potential new jet but won't rush decision: exec

  PARIS (Reuters) - The head of Boeing jetliner sales said on Wednesday he was confident a new mid-market jet could enter service in 2025 if Boeing took the decision to launch the new plane but stressed the U.S. planemaker would not be rushed into a decision.
  5.5 hours ago — Reuters

• Livspace eyes $50 million in latest funding round

  Livspace, operated by Home Interior Designs E-commerce, last raised capital in August 2016 in a funding round led by Bessemer Venture Partners, when it got Rs100 crore
  5.5 hours ago — Live Mint

• PM promises farmers income doubling by 2022

  Critics call Modi’s video interaction a ‘pre-scripted TV show’ that failed to address suicides due to agrarian distress
  6 hours ago — The Hindu Business

• CP Plus in talks with PEs to raise $100 million

  CP Plus has hired investment bank Avendus Capital to help raise the funds by selling a significant minority stake
  6 hours ago — Live Mint

• Walmart kickstarts mega fundraising to finance Flipkart deal

  Walmart is offering fixed- and floating-rate bonds in as many as nine parts to raise funds to finance the Flipkart acquisition
  6 hours ago — Live Mint

• Narinder Nath Vohra: Jammu and Kashmir's man for all seasons, all parties

  Recognised as an official who knows the pulse of the state, he has been a trusted man on Kashmir for several prime ministers
  6 hours ago — Business Standard

• Special Court orders Mallya's arrest in Rs 60 bn money-laundering case

  Special Judge M S Azmi of anti-money laundering court issued a non-bailable warrant for Mallya's arrest, taking cognisance of a fresh chargesheet filed against him and others by the ED
  6 hours ago — Business Standard

• Sebi cancels registration of KJMC Mutual Fund

  The regulator has "withdrawn" the approval granted to KJMC AMC, to act as the AMC to the mutual fund.
  6 hours ago — Economic Times

• Govt bonds firm up, call rates turn higher

  The 7.17 per cent 10-year benchmark bond maturing in 2028 surged to Rs 95.63 from Rs 95.40.
  6.5 hours ago — Economic Times

• Indian-American surgeon named CEO of new Amazon-led joint health care

  Gawande said he was "thrilled" to be named the CEO of the health care initiative
  6.5 hours ago — Business Standard

• J&K decision 'difficult thing to digest' but in larger interest: Ram Madhav

  The BJP on Tuesday exited the coalition it had formed with the PDP in 2015, prompting CM Mehbooba Mufti to resign and Guv's rule imposed with N N Vohra putting state assembly in animated suspension
  6.5 hours ago — Business Standard

• Gold likely to come out of slumber, these 3 factors can boost prices

  Investors will soon start realising the true value of gold based on demand & supply dynamics.
  6.5 hours ago — Economic Times

• Iraq, Exxon talks on water treatment project end-BOC director general

  VIENNA (Reuters) - Iraq is no longer in talks with Exxon Mobil Corp for the oil major to build a giant water treatment facility vital for the OPEC member to grow its oil production capacity, the director general of the Basrah Oil Co (BOC) told reporters on Wednesday.
  6.5 hours ago — Reuters

• U.S. crude stockpiles slump, fuel builds amid record high refinery runs - EIA

  (Reuters) - U.S. crude oil stockpiles dropped sharply last week while gasoline and distillate inventories grew as refineries' crude runs rose to their highest on record seasonally, the Energy Information Administration said on Wednesday.
  6.5 hours ago — Reuters

• Urjit Patel, others voted for rate hike citing inflation risks at MPC meet

  After over 4 years, RBi raised the short-term lending rate (repo) to 6.25 per cent on June 6 after the Monetary Policy Committee (MPC) headed by Patel unanimously voted for the hike
  7 hours ago — Business Standard
  • RBI Guv, others voted for rate hike on inflation risks 7 hours ago — Economic Times

• OakTree Capital’s Howard Marks explains why AI can’t replace human fund managers

  The ace investor says that computer can't do qualitative and subjective things like humans.
  7 hours ago — Economic Times

• Bosch to invest 17 billion rupees in India over next 3 years

  (Reuters) - German auto parts maker Bosch Group plans to invest 17 billion rupees ($250 million) in India over the next three years to meet growing demand in the domestic automotive market, Chief Executive Officer Volkmar Denner said on Wednesday.
  7.5 hours ago — Reuters
  • Goldman Sachs to invest $500 million in women-run companies 7.5 hours ago — Reuters

• Wall Street advances as media stocks gain; Nasdaq hits record

  (Reuters) - Technology and media stocks pushed Wall Street higher on Wednesday and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions.
  7.5 hours ago — Reuters
  • World shares snap five-day losing streak on China policy expectation 7.5 hours ago — Reuters
  • World stocks shares snap five-day losing streak on China policy easing 7.5 hours ago — Reuters
  • Global Markets: Asian stocks bounce as China turns up on hopes of policy support 7.5 hours ago — Reuters

• Quitting for very compelling reason; will leave by early Sep: Subramanian

  Subramanian is the second high profile exit in less than a year after then NITI Aayog vice chairman Arvind Panagariya who had quit in August 2017
  7.5 hours ago — Business Standard

• Fine Organic Industries IPO subscribed 12% on Day 1

  The issue received bids for 6,20,312 shares against the issue size of 53,65,497.
  7.5 hours ago — Economic Times
  • RITES IPO subscribed 11% in first 2 hours 7.5 hours ago — Economic Times

• Expect Sebi to give nod to JV stake buyout soon: DSP Group

  A share purchase agreement was signed between DSP Group and BlackRock in May 2018.
  7.5 hours ago — Economic Times

• FIIs' 2018 net investment at $15 million, DIIs' at $7.9 billion

  India focused offshore funds, which are long term in nature, have been witnessing huge outflows.
  8 hours ago — Economic Times

• Check out all the bulk deals from Wednesday’s session

  ​As many as 29 stocks in Nifty index settled in green with Reliance Industries rallying 2.32%.
  8 hours ago — Economic Times

• Rupee takes U-turn, jumps 30 paise to 68.08 a dollar

  The beaten-down rupee today staged a good comeback, recuperating by a sharp 30 paise to end at 68.08 against the US currency on heavy bouts of dolla
  8 hours ago — The Hindu Business
  • Rupee recovers from 1-month low, up 32 paise 8 hours ago — The Hindu Business

• Thoothukudi Sterlite plant sulphuric acid leak severe, says Vedanta

  Inaction could lead to serious environmental consequences, the company warns; Thoothukudi Collector sticks to earlier view that the leak was minor.
  8.5 hours ago — The Hindu Business
  • Vedanta says acid leak severe at Tamil Nadu copper smelter 8.5 hours ago — Reuters

• Ind-Ra affirms 'IND AAA' rating on UltraTech Cement with stable outlook

  The Aditya Birla-led UltraTech Cement is the largest cement maker in the country.
  8.5 hours ago — Economic Times

• With fall of the last dove, MPC minutes portend more than one RBI rate hike

  MPC minutes released today showed that the most dovish member Ravindra Dholakia now shares the view of his antithesis Michael Patra on inflation
  8.5 hours ago — Live Mint

• India Inc still reeling under debt; IBC process slow: Credit Suisse

  According to Credit Suisse the NCLT has admitted 700 cases compared to 2,200 cases that have been referred to it.
  8.5 hours ago — Economic Times

• Air India stake sale plan shelved, alternatives being worked on: government

  NEW DELHI, (Reuters) - India has shelved a plan to sell a 76 percent stake in state-owned carrier Air India due to lack of interest from bidders, a government official said on Wednesday, marking the latest setback in its ambitious efforts to rescue the ailing airline.
  8.5 hours ago — Reuters
  • Air India stake sale plan shelved, alternatives being worked on - government 8.5 hours ago — Reuters
  • Air India stake sale plan shelved, alternatives being worked on - govt 8.5 hours ago — Reuters
  • Aviation minister says to review Air India stake sale plan soon 8.5 hours ago — Reuters
  • Chinese paper says Trump administration has "blood lust" over trade 8.5 hours ago — Reuters
  • India shelves Air India sale plan after failing to attract buyers - reports 8.5 hours ago — Reuters
  • India decides not to immediately revive Air India sale plan - Bloomberg 8.5 hours ago — Reuters

• Looking for another Nasdaq? Try Europe's aerospace and defence stocks

  MILAN (Reuters) - Fat order books covering several years of sales have made European aerospace and defence firms a winning bet as a slowing economy and political instability have clouded prospects for the region's equity market.
  9 hours ago — Reuters

• RBI rate panel strikes balanced tone, awaits clarity for further move: minutes

  MUMBAI (Reuters) - The Reserve Bank of India monetary policy committee struck a balanced note on its rate stance going forward and cited rising inflation pressure due to high oil prices as the key reason for raising interest rates in the June meeting, according to minutes of the meeting released by the RBI on Wednesday.
  9 hours ago — Reuters

• Sebi’s mutual fund reclassification: What are the changes?

  Around 20%-30% of mutual fund schemes have seen a change in investment style after the Sebi-mandated recategorisation exercise.
  9 hours ago — Live Mint

• Arvind eyes Rs 10 bn revenue in 4-5 years by strengthening own brand

  The company has earmarked Rs 15 bn investment over the next couple of years involving setting up of new mills, advertising & branding expenses and others
  9.5 hours ago — Business Standard

• Pradhan Mantri Awas Yojana: How to get home loan subsidy

  To get the home loan subsidy under Pradhan Mantri Awas Yojana, you and your family members shouldn’t already own a house
  9.5 hours ago — Live Mint

• China just a bad day away from losing world number two stock market title

  Following Tuesday's $406 billion wipeout, Chinese stocks have lost more than $1.6 trillion in market cap
  9.5 hours ago — Business Standard
  • China at risk of losing title of world's number two stock market 9.5 hours ago — Economic Times

• After Hours: Insider trade, Call writing trends & buzzing stocks

  Heavy buying in Mukesh Ambani-led RIL and HDFC twins helped BSE Sensex gain 261 points.
  9.5 hours ago — Economic Times

• Starbucks sales forecast raises questions about China, U.S. growth

  (Reuters) - Starbucks Corp shares fell 4 percent on Wednesday after a dim sales forecast from the U.S. coffee chain prompted Wall Street analysts to question the sustainability of its growth at home and next biggest market China.
  9.5 hours ago — Reuters

• How to cope with higher home loan EMIs

  A 25bps rate hike by RBI doesn’t mean you should switch from floating to fixed home loan rate
  10 hours ago — Live Mint

• F&O: Market sees brisk Call unwinding; Vix declines 5.80%

  Nifty needs to hold above 10,770 to witness an upward move towards 10,835 and then 10,888.
  10 hours ago — Economic Times

• Will soon review Air India stake sale plan: Aviation minister Suresh Prabhu

  The govt had announced in March to divest a 76% stake in Air India along with complete divestment of low-cost arm Air India Express and a 50% stake in Air India SATS Airport Services Pvt Ltd
  10 hours ago — Business Standard

• Bombardier to sell 20 regional jets with new cabin design to Delta

  (Reuters) - Canadian plane and train maker Bombardier Inc said on Wednesday that Delta Air Lines Inc has signed an agreement to buy 20 CRJ900 regional jets with its new Atmosphere cabin design.
  10 hours ago — Reuters

• After surrendering CSeries, Bombardier pushes regional plane revival

  MONTREAL (Reuters) - As Bombardier surrenders hopes of securing a top spot in commercial aviation with the sale of its money-losing CSeries jet program to Airbus, the Canadian company is now drawing up plans to breathe new life into its older regional planes.
  10 hours ago — Reuters

• Got your increment? Here’s how to make the most of your salary hike

  Whether it is a double digit or a single digit hike, try to reduce your debts by paying off a car loan or personal loan
  10 hours ago — Live Mint

• N N Vohra takes over as J&K govt head, holds meetings with top officials

  Vohra chaired a meeting of top officials -- both from civil administration and police
  10 hours ago — Business Standard

• Anmol Industries set for IPO

  It has 62 varieties of biscuits and 26 varieties of cakes in its product portfolio.
  10.5 hours ago — The Hindu Business

• Decoding the 3 interest rates that impact your home loan

  Here are the differences between the three rate-setting mechanisms on home loans —MCLR, base rate and BPLR
  10.5 hours ago — Live Mint

• Bosch draws up ₹ 1,700-crore fresh investment plan for India

  A major share of this will be used to expand its smart campus in Adugodi and modernize manufacturing facilities.
  10.5 hours ago — The Hindu Business

• Stock market update: BSE Bankex settles 1% up; IndusInd Bank tops the pack

  The BSE Bankex index climbed 1.04 per cent up, settling at 29,710, with 8 stocks advancing and only 2 declining.
  10.5 hours ago — Economic Times
  • Stock market update: RIL, ICICI Bank most active stocks in value terms 10.5 hours ago — Economic Times
  • Share market update: 17 stocks hit 52-week highs on NSE 10.5 hours ago — Economic Times
  • Share market update: Consumer durables index up; Symphony tops the pack 10.5 hours ago — Economic Times
  • Share market update: IT stocks mixed; Infosys, TCS up with mild gains 10.5 hours ago — Economic Times
  • Share market update: Vedanta, JSW Steel, Tata Steel keep metal pack up 10.5 hours ago — Economic Times
  • Share market update: Power stocks light up; JSW Energy, CG Power up 2% 10.5 hours ago — Economic Times
  • Share market update: Oil & gas stocks subdued; IOC, ONGC among top losers 10.5 hours ago — Economic Times
  • Stock market update: Smallcaps in sync with midcaps, plays catch-up with Sensex 10.5 hours ago — Economic Times
  • Stock market update: Midcaps in the green, but trail Sensex 10.5 hours ago — Economic Times
  • Stock market update: These stocks are among the top gainers on BSE 10.5 hours ago — Economic Times
  • Share market update: Private bank stocks rise; Axis Bank tops Nifty Private Bank index 10.5 hours ago — Economic Times

• Fifa World Cup 2018 Uruguay vs Saudi Arabia: Line-ups out, Suarez starts

  Group A Uruguay vs Saudi Arabia will be played in Rostov Arena
  10.5 hours ago — Business Standard

• Tech View: Nifty forms Bullish Harami pattern; bulls hold fort

  Options data suggested a broader trading range between 10,700 and 10,850 levels.
  10.5 hours ago — Economic Times

• Midcaps may give short-term pain but offer deep value: Manish Sonthalia, Motilal Oswal AMC

  Only a brave-heart will take on PSU banks at this juncture, says Manish Sonthalia.
  10.5 hours ago — Economic Times

• Gold prices slide today on weak demand, global cues

  Gold prices declined by Rs 185 to Rs 31,715 per 10 gram on Wednesday, following a drop in demand from local jewellers and weak global cues
  10.5 hours ago — Live Mint
  • Sensex surges 261 points on global rebound; RIL ends at record high 10.5 hours ago — The Hindu Business
  • Oil prices gain on lower U.S. inventories, ahead of OPEC meeting 10.5 hours ago — Reuters
  • Oil prices gain on lower U.S. crude inventories, Libyan disruption 10.5 hours ago — Reuters

• Sensex jumps 261 pts to end two-day losing run, Nifty back above 10,750

  Indian stock market shrugged off recent weakness to trade on a positive note today.
  11 hours ago — Economic Times

• Stock market update: InterGlobe Aviation, Avanti Feeds among the top losers of Wednesday's session

  Among the sectors on NSE, barring FMCG, IT and PSU bank, all went home with gains.
  11 hours ago — Economic Times
  • Stock market update: Check out the most traded stocks of Wednesday's session 11 hours ago — Economic Times
  • Share market update: Top Nifty gainers and losers of Wednesday's session 11 hours ago — Economic Times
  • Stock market update: FMCG stocks mixed; ITC among the top losers in the sectoral pack 11 hours ago — Economic Times
  • Stock market update: Realty stocks on upward trajectory; DLF among top gainers 11 hours ago — Economic Times
  • Stock market update: These stocks are among the top gainers on BSE 11 hours ago — Economic Times

• India ships more cotton to China as 25 percent tax spoils U.S. supply

  MUMBAI/BEIJING (Reuters) - India's cotton shipments to China could grow five-fold to 5 million bales (850,000 tonnes) in the next crop year as exporters rack up orders amid a trade war that is forcing the world's top consumer to look for other sources of supply.
  11 hours ago — Reuters

• Energy guzzler India urges OPEC to tackle high oil prices

  VIENNA (Reuters) - India, the world's third-biggest oil consumer and importer, on Wednesday urged OPEC nations to fill a supply gap and ensure sustainable oil prices as politics affect the output of some producers.
  11 hours ago — Reuters
  • India urges OPEC to boost oil exports, wants sustainable prices 11 hours ago — Reuters

• Exclusive: Taiyo Nippon, Carlyle frontrunners to buy Linde and Praxair assets - sources

  NEW YORK/FRANKFURT (Reuters) - Taiyo Nippon Sanso Corp and private equity firm Carlyle Group have emerged as frontrunners to buy assets that gases groups Linde and Praxair need to divest to seal their planned merger, people close to the matter said.
  11 hours ago — Reuters

• Saudi struggles for Gulf oil producers' support ahead of OPEC meeting

  VIENNA (Reuters) - Saudi Arabia is struggling to convince fellow OPEC members including Gulf allies on the need to raise oil output, sources familiar with the talks said on Wednesday, adding to complications ahead of an OPEC meeting this week.
  11 hours ago — Reuters

• Software giant Microsoft seeks cut in per country limit for green cards

  Microsoft supports the increase of the number of employment-based green cards to reduce the backlog and recognise the needs of the modern economy for the world's top talent.
  11 hours ago — Business Standard

• Oil traders ready for musical chairs as China tariffs loom

  NEW YORK (Reuters) - Oil markets are bracing for a reshuffle of global trade flows as China threatens to impose tit-for-tat tariffs on imports of U.S. energy products, including crude.
  11 hours ago — Reuters

• Betting on new themes for next alpha plays: Sunil Singhania, Abakkus Asset Manager

  “New sectors, new companies get listed and new opportunities are created”
  11.5 hours ago — Economic Times

• Share market update: Over 100 stocks defy positive market mood, hit 52-week lows on NSE

  The Nifty50 index settled at 10,772, up by 62 points or 0.58 per cent.
  11.5 hours ago — Economic Times
  • Share market update: Consumer durables index up; Symphony tops the pack 11.5 hours ago — Economic Times
  • Share market update: IT stocks mixed; Infosys, TCS up with mild gains 11.5 hours ago — Economic Times
  • Stock market update: FMCG stocks mixed; ITC among the top losers in the sectoral pack 11.5 hours ago — Economic Times
  • Share market update: Vedanta, JSW Steel, Tata Steel keep metal pack up 11.5 hours ago — Economic Times
  • Share market update: Power stocks light up; JSW Energy, CG Power up 2% 11.5 hours ago — Economic Times
  • Share market update: Oil & gas stocks subdued; IOC, ONGC among top losers 11.5 hours ago — Economic Times
  • Stock market update: These stocks are among the top gainers on BSE 11.5 hours ago — Economic Times
  • Stock market update: Bajaj Finance, Electrosteel Steels, GlaxoSmithKline Pharma among stocks that hit 52-week highs on NSE 11.5 hours ago — Economic Times
  • Share market update: Over 70 stocks hit 52-week lows on NSE 11.5 hours ago — Economic Times
  • Share market update: Private bank stocks rise; Axis Bank tops Nifty Private Bank index 11.5 hours ago — Economic Times
  • Share market update: PSU bank stocks mixed; BoB slips over 1% 11.5 hours ago — Economic Times
  • Share market update: These stocks crack over 3% on NSE despite positive market sentiment 11.5 hours ago — Economic Times
  • Stock market update: JP Associates, RCom most traded stocks on NSE 11.5 hours ago — Economic Times

• If they can predict FIFA World Cup winner, why not winning stocks?

  One could argue that the Warren Buffetts of the investing world do precisely this.
  11.5 hours ago — Economic Times

• Hyundai Motor, Audi join hands for fuel cell technology

  Hyundai Motor Group today said it has signed an agreement with Audi AG to jointly develop electronics vehicles powered by fuel cell. Under the multi-y
  11.5 hours ago — The Hindu Business

• Xiaomi targets as much as $6.1 billion in Hong Kong IPO: report

  Xiaomi plans to sell about 2.18 billion shares including about 65% primary shares in its initial public offering (IPO) at a price range of HK$17 to HK$22 ($2.17 to $2.80) each
  11.5 hours ago — Live Mint
  • China's Xiaomi plans to raise up to $6.1 billion in Hong Kong IPO: Sources 11.5 hours ago — Economic Times

• Sensex, Nifty rise, snap two days of losses

  (Reuters) - Indian shares ended higher on Wednesday despite lingering trade tensions between the United States and China that roiled markets in previous sessions, with index heavyweight Reliance Industries Ltd and financial stocks leading the gainers.
  12 hours ago — Reuters
  • Sensex, Nifty rebound after two days of losses 12 hours ago — Reuters

• Chief Economic Adviser Arvind Subramanian to stand down, return to the U.S.

  NEW DELHI (Reuters) - India's chief economic adviser Arvind Subramanian is standing down after serving for nearly four years and would return to the United States, the finance minister said on Wednesday.
  12 hours ago — Reuters
  • Arvind Subramanian resigns as CEA to Modi govt, Jaitley announces in blog 12 hours ago — Business Standard
  • Chief Economic Adviser Arvind Subramanian to stand down, says finance minister 12 hours ago — Reuters

• Corrected: India's May trade deficit widens to $14.62 billion - trade ministry

  (Corrects paragraph 1 of June 15 story to clarify import bill, not volume, rose)
  12 hours ago — Reuters

• Submarine project goes to Mazagon Dock; L&T raises 'Make in India' concerns

  L&T, according to a source, chose to write to NITI Aayog with reference to the Make In India programme
  12.5 hours ago — Business Standard

• Sanjiv Goenka on Carvaan, carbon black and power play

  "Our margins have been maintained and , slightly improved in the first couple of months of this year."
  12.5 hours ago — Economic Times

• Toyota captures data goldmine in $1 billion Grab bet

  TOKYO/SINGAPORE (Reuters) - By pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they travel and the time they spend stuck in traffic.
  12.5 hours ago — Reuters

• European shares post modest rebound as trade war fears linger on

  Denmark's Maersk gained about 3 per cent after it announced a new Chief Finance Officer.
  13 hours ago — Economic Times

• Blackstone's first-of-a-kind India IPO confronts rate jitters

  Blackstone and local partner Embassy Group plan to file a prospectus for an IPO of the REIT.
  13 hours ago — Economic Times

• Absence of equity was affecting wealth creation

  A balanced debt-equity diet has put Ashish Kaushik’s money life on track
  13 hours ago — Live Mint

• China stocks rebound modestly as official optimism calms trade war panic

  Wednesday's rebound was led by sectors that are less vulnerable to trade friction, such as consumer and healthcare.
  13 hours ago — Economic Times

• Wheels India rallies 30% in two days as company mulls bonus issue plan

  The stock hit a new high of Rs 2,690, up 11%, surging 30% in past two trading sessions after the company said its board will consider a bonus issue proposal in their meeting on Friday, June 22, 2018.
  13 hours ago — Business Standard

• Sebi board to meet tomorrow; amendments to buyback, takeover norms on agenda

  Sebi has been working on ways to deepen capital market as well as attract more investors.
  13 hours ago — Economic Times

• This money manager is going all in on India becoming a $5 trillion economy in 6 years

  In the near term, India's general election 2019 would be a big unknown for the markets.
  13 hours ago — Economic Times

• Stock market update: Pharma index in the green; Biocon, Aurobindo Pharma advance 1%

  The Nifty Pharma was trading 0.12 per cent up at 9,265 around 02:15 pm.
  13.5 hours ago — Economic Times
  • Share market update: Vedanta, JSW Steel, Tata Steel keep metal pack up 13.5 hours ago — Economic Times
  • Stock market update: Maruti Suzuki, Tata Motors, M&M keep the auto index in the green 13.5 hours ago — Economic Times
  • Share market update: Power stocks light up; JSW Energy, CG Power up 2% 13.5 hours ago — Economic Times
  • Share market update: Oil & gas stocks subdued; IOC, ONGC among top losers 13.5 hours ago — Economic Times
  • Stock market update: Midcaps in the green, but trail Sensex 13.5 hours ago — Economic Times
  • Share market update: Private bank stocks rise; Axis Bank tops Nifty Private Bank index 13.5 hours ago — Economic Times
  • Share market update: PSU bank stocks mixed; BoB slips over 1% 13.5 hours ago — Economic Times
  • Stock market update: JP Associates, RCom most traded stocks on NSE 13.5 hours ago — Economic Times

• PNB puts its holding in Icra on the block

  The bank suffered a huge loss of over Rs 13,000 crore for the March quarter.
  13.5 hours ago — Economic Times

• Air India sale flop to swing focus to its asset disposals, cost cuts

  NEW DELHI, (Reuters) - Air India needs to spruce up through a fresh cash injection, cost cuts and non-core asset sales, analysts said on Wednesday, after the government indicated a sale of the ailing state-owned carrier had likely been shelved.
  13.5 hours ago — Reuters

• Don’t fret over your mutual fund scheme’s past returns

  Investors who focus too much on a fund’s earlier returns, tend to buy and sell funds frequently, which leads to a low holding period
  13.5 hours ago — Live Mint

• TTK Prestige looking to buy branded player for rural push: TT Jagannathan

  "The cheaper brand is not meant for rural areas. The rural people want a better brand."
  13.5 hours ago — Economic Times

• AI: OakTree’s Howard Marks bats for human fund managers

  While AI in stock markets is reducing the role of people, it is also creating room for a select few money managers to excel and potentially beat the market indices, says OakTree’s Howard Marks in his ‘Investing Without People’ memo
  14 hours ago — Live Mint

• No pure GST on petrol, diesel; 28% tax plus VAT a possibility: Official

  GST has been spoken of as a panacea for high fuel prices but the structure in works would ensure rates remain almost at same levels
  14 hours ago — Business Standard

• PPF account will be handy in case of you leave employment

  If you leave the employment and are without PF, then you can use your PPF account to your advantage
  14 hours ago — Live Mint

• Airline stocks fall up to 5% as passenger traffic growth slows

  Indian carriers carried 11.9 million passengers in May, up from 10.17 million in 2017, a DGCA data showed.
  14 hours ago — Economic Times
  • Airlines stocks trade weak as air passenger traffic growth slows in May 14 hours ago — Business Standard

• How millennials can deal with the FOMO factor

  Fear of missing out (FOMO) of what others are doing leads many millennials to overspend. Learn to recognise such situations, and get out of them fast
  14 hours ago — Live Mint

• Oil up on U.S. stocks, Libya ahead of OPEC meeting

  LONDON (Reuters) - Oil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in Libya, with investors cautious ahead of a biannual meeting of OPEC exporters to decide production policy.
  14.5 hours ago — Reuters
  • Oil prices gain on lower U.S. inventories, ahead of OPEC meeting 14.5 hours ago — Reuters
  • Oil prices gain on lower U.S. crude inventories, Libyan disruption 14.5 hours ago — Reuters
  • Oil prices edge up on report of lower U.S. crude inventories 14.5 hours ago — Reuters

• Don't want more teams in FIFA World Cup? Actually, it's great for fans

  Football fans would never have gotten to see a sublime array of talent if FIFA hadn't expanded the number of qualifying slots for the Asian and African regions
  14.5 hours ago — Business Standard

• US-China trade war: How India emerges as a winner in global cotton market

  The Cotton Association of India said last week that output this season will rise 8.3 per cent from a year earlier
  14.5 hours ago — Business Standard

• 18,000 banks branches, post offices have Aadhaar facility now: UIDAI

  UIDAI had in July last year asked private as well as public sector banks to set up Aadhaar facility in at least one out of the10 branches
  14.5 hours ago — The Hindu Business

• Varroc Engineering IPO to launch on 26 June

  Varroc Engineering, backed by Tata Opportunities Fund, has fixed a price band of Rs 965-967 per share for the IPO
  14.5 hours ago — Live Mint
  • Fine Organics IPO kicks off; here's what top brokerages are saying 14.5 hours ago — Economic Times

• Bajaj Finance scales record high; technical suggest further upside

  Trend Intensity (TI) indicator rose to 33, suggesting stock is in a strong uptrend and MACD is positive and above its signal line, Reuters said.
  14.5 hours ago — Economic Times

• We would like to improve on last 5 years’ net profit CAGR of 32%: Dilip Piramal, VIP Industries

  "In India, revenue break up is 75:25 in favour of soft luggage and for some time this trend will continue."
  15 hours ago — Economic Times

• Wheels India hits fresh all time high on bonus issue proposal

  Share price of the company rallied over 77 per cent in the past 12 months till June 19.
  15 hours ago — Economic Times

• Mahindra Lifespace, Mahindra Logistics, Mahindra CIE hit 52-week high

  M&M, Mahindra Holiday Resorts, EPC Industries, M&M Financial Services from the group were trading higher in the range of 2% to 6%.
  15 hours ago — Business Standard

• US investors have lost confidence in ICICI Bank's Chanda Kochhar: Macquarie

  US investors are not confident about an insider succeeding Kochhar.
  15 hours ago — Economic Times

• India Inc gives mixed response to Yoga Day, preparation hassles deter many

  For many in India Inc, it is business as usual. Many companies are organising any event. But then there are those who would wake up early and perform asanas.
  15 hours ago — Business Standard

• Yoga army looks to tap wellness industry, but certification checks needed

  The government is creating a poll of employable yoga professionals with the greater involvement of the likes of Baba Ramdev and Sri Sri Ravishankar
  15 hours ago — Business Standard

• Australian shares hit highest since January 2008, led by banks; New Zealand up

  Commonwealth Bank of Australia (CBA), the biggest lender, rose 2.9 per cent on Wednesday to a six-week high.
  15 hours ago — Economic Times

• BJP-PDP divorce in Kashmir: Issues that split the alliance this year

  The BJP-PDP alliance, often described as the coming together of the North Pole and South Pole, had formed the government in Jammu and Kashmir on March, 2015
  15 hours ago — Business Standard

• Nikkei rises in volatile trade helped by China stock gains

  Mitsui OSK Lines fell 2.1 per cent, while Kawasaki Kisen shed 0.4 per cent.
  15 hours ago — Economic Times

• Donald Trump's tariffs could deliver sizable hit to China's economy

  Analysis of how the tariffs impact vary and much depends on the final details of the duties that are pushed through
  15 hours ago — Business Standard

• As Opec braces for Vienna talks this week, India hopes for fair oil pricing

  India and China are considering teaming up to buy US supplies and counter OPEC's dominance in world's biggest oil market
  15 hours ago — Business Standard

• Commodity Outlook: Mentha oil may push higher, aluminium could witness short covering

  Aluminium may see some short covering as it can take support near Rs 147 and resistance near Rs 151 on MCX.
  15 hours ago — Economic Times

• SoftBank's Masayoshi Son to focus on investing to speed up major company shift

  TOKYO (Reuters) - SoftBank Group Corp's CEO Masayoshi Son said on Wednesday he plans to devote the bulk of his time to hunt for technology investments around the world, as part of a major shift in focus underway at the Japanese telecoms and tech group.
  15 hours ago — Reuters

• Share market update: Telecom index up; Bharti Infratel, Airtel among gainers

  Equity benchmarks were treading higher, underpinned by gains in metal, energy, ban, financial, telecom and auto stocks.
  15.5 hours ago — Economic Times
  • Stock market update: These stocks are among the top gainers on BSE 15.5 hours ago — Economic Times

• Gold Rate Today: Gold, silver trade flat in morning deals

  Nirmal Bang Securities in its commodity report says, "Precious metals are trading lower on COMEX today.
  15.5 hours ago — Economic Times

• Brokerages see larger role for Bakhshi at ICICI in the long term

  The ICICI Bank board appointed Bakhshi as the COO with a three-tiered reporting structure.
  15.5 hours ago — Economic Times

• Bitcoin, ripple prices fall after $32 million stolen from Korean exchange

  Bitcoin prices decline as much as 2% after South Korean exchange Bithumb says that hackers stole about $32 million
  15.5 hours ago — Live Mint

• Your mutual fund strategy needs shock therapy; here’s why & how

  Analysts and fund managers have been advising investors to stay with largecaps.
  15.5 hours ago — Economic Times

• Modi says govt wants to double farmers' income, skips contentious issues

  In an interaction between farmers and Modi, no farmer talked about difficulties
  15.5 hours ago — Business Standard

• Latecomer Sanofi looks to catch next wave of cancer therapies

  PARIS (Reuters) - Sanofi missed the boat on immune system-boosting cancer drugs. Now it's trying to catch up.
  15.5 hours ago — Reuters

• High debt level of India inc easing

  The ratio of net debt and EBITDA is widely used to measure the debt paying ability of a company.
  15.5 hours ago — Economic Times

• In range-bound market, only one theme to work for next 1 year: Nilesh Shah, Kotak AMC

  ''Selling pressure in momentum mid & smallcaps not over. Over next 60 days, they may start bottoming out,''
  16 hours ago — Economic Times

• Top intraday trading ideas for afternoon trade for Wednesday, 20 June 2018

  Infibeam Incorporation is a 'Buy' call with a target price of Rs 165 and a stop loss of Rs 148.
  16 hours ago — Economic Times

• 28 companies announce buyback plans aggregating Rs 213 billion

  While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
  16 hours ago — Business Standard

• Focus: Pets At Home bets on vets to break curse of British retail

  LONDON (Reuters) - Toys R Us. Maplin. Mothercare. Carpetright. House of Fraser. Poundworld.
  16 hours ago — Reuters

• Agri budget doubled to Rs 2.12 trn for doubling farm income by 2022: Modi

  PM Modi said that the budget for 2018-19 financial year has taken steps to provide farmers a price equivalent to 150% of their cost of production
  16 hours ago — Business Standard

• Global Markets: Asian stocks pick up steam as hopes of policy support lift China

  SHANGHAI (Reuters) - Asian stock markets picked up steam in afternoon trade on Wednesday after a wobbly morning session, highlighting the lingering anxiety and uncertainty surrounding a heated trade dispute between China and the United States.
  16 hours ago — Reuters
  • Global Markets: China stocks extend slump, temper Asian bounce as trade war anxiety grows 16 hours ago — Reuters

• Real estate, hotel companies line up to tap equity markets

  Real estate companies Lodha Developers, Shriram Properties, Puranik Builders and Oberoi Developers and hotel companies K Raheja Group, Bharat Hotels and Vatika Hotels are planning to tap the markets through QIPs or IPOs in 2018
  16.5 hours ago — Live Mint

• IIFL Holdings advances 3% as arm sells stake for Rs 746 crore

  After the transaction, IIFL Holdings will own 51.11 per cent of the arm.
  16.5 hours ago — Economic Times
  • IIFL wealth sells 5.1%, raises Rs 746 crore 16.5 hours ago — Economic Times

• Cipla climbs 3% on USFDA approval to HIV drug

  The stock rose 3.27 per cent to hit a high of Rs 622 on BSE.
  16.5 hours ago — Economic Times
  • Cipla gains 3% post USFDA approval for its generic HIV drug 16.5 hours ago — Business Standard

• Traders hope for rebound in shrimp business by year end

  Shrimp accounts for 70 per cent of India’s total seafood export revenue.
  16.5 hours ago — Economic Times

• Gold demand dull as equity returns better

  13. Adhik Maas is considered inauspicious and people avoid buying gold or property during this period.
  16.5 hours ago — Economic Times

• ‘Telecom, mining sectors to stay under debt pile in FY19’

  Acquisitions and capital spending financed by debt will cause the debt levels of Moody’s-rated companies to rise by 5% in fiscal 2019.
  16.5 hours ago — Economic Times

• 10 stocks where MFs have big bets & brokerages have gone gung ho

  Incidentally, most brokerages have turned overweight on the same set of stocks.
  17 hours ago — Economic Times
  • Fine Organics IPO kicks off; here's what top brokerages are saying 17 hours ago — Economic Times

• What are the mistakes investors need to avoid in US-China trade war

  Taiwan, Malaysia, Hong Kong and South Korea stand out with the largest exposure to a drop in China's exports to the US
  17 hours ago — Business Standard

• RITES IPO ticks the valuations box, but not the growth one

  For all the talk of government patronage and investments in infrastructure, RITES revenue on an average expanded by less than 10% a year in the last five fiscal years to FY17
  17 hours ago — Live Mint

• Thai PTT to buy Engie's Glow in power deal that could be worth more than $4 billion

  BANGKOK (Reuters) - Thai energy giant PTT Pcl said it will buy domestic power firm Glow Energy Pcl, controlled by French giant Engie SA, in a deal that could be worth more than $4 billion as it seeks to play a bigger role in supplying power to the country's industrial heartlands.
  17 hours ago — Reuters

• Chakri Lokapriya on sectors to invest in and sectors to avoid

  "Wherever we see capital raising to strengthen balance sheets, those companies will be area of focus."
  17 hours ago — Economic Times

• Pain’s not over for emerging markets

  A sharp rise in open interest for EMB, is one signal showing greater volatility ahead for emerging-market creditors.
  17 hours ago — Economic Times

• U.S. shale producers warn Chinese tariffs would hit energy exports

  HOUSTON (Reuters) - China's proposed tariffs on U.S. petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry's largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week.
  17 hours ago — Reuters

• 'Biggest economies not prepared for another recession'

  “Downturns happen,” Summers said in the Bloomberg interview.
  17 hours ago — Economic Times

• ‘Investors are in more danger of market wreck than they think’

  Credit, including long-term Treasurys and investment-grade bonds, are a lot closer to the bottom of the ranking.
  17.5 hours ago — Economic Times

• Asia business sentiment slips from seven-year high on trade worries: Thomson Reuters/INSEAD

  KUALA LUMPUR (Reuters) - Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that U.S. President Donald Trump's protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system.
  17.5 hours ago — Reuters

• Fine Organic IPO opens today: Key things to know before you subscribe

  Fine Organic is raising nearly Rs 600 crore through an offer for sale in the price band of Rs 780-Rs 783
  17.5 hours ago — Live Mint
  • Fine Organics IPO kicks off; here's what top brokerages are saying 17.5 hours ago — Economic Times

• ECB will be patient in timing first rate hike: Mario Draghi

  The euro extended declines after Draghi’s speech.
  17.5 hours ago — Economic Times

• Stock market update: Cipla, TCS, Just Dial most active stocks in value terms

  Mixed trend at other Asian markets also influenced trading sentiments here.
  17.5 hours ago — Economic Times
  • Stock market update: JP Associates, RCom most traded stocks on NSE 17.5 hours ago — Economic Times

• This stock doubled your money in 2018

  Thus far in the calendar year 2018, the stock of this pharmaceutical company has zoomed 107% from Rs 1,289, as compared to 4% rise in the S&P BSE Sensex.
  17.5 hours ago — Business Standard

• Delhi University admission day 1: Here's what students said

  Though the university has overhauled the admission process this year by making the system digitalized, long queues were seen in front of cyber cafes near Patel Chest institute
  17.5 hours ago — Business Standard

• Rupee recovers from 1 month low, up 32 paise against US dollar

  Investor sentiment turned positive following higher opening of the domestic equity market.
  17.5 hours ago — Economic Times
  • Rupee recovers from 1-month low, up 32 paise 17.5 hours ago — The Hindu Business

• Sensex opens in green on value-buying, up 130 points

  The 30-share BSE index was trading higher by 130.41 points, or 0.37 %, to 35,417.15 in early trade
  17.5 hours ago — The Hindu Business

• Fuel prices to fall? Tough OPEC talks likely in Vienna on hiking oil output

  Several countries are bristling at the thought of reversing a deal curbing oil output that has been in place for 18 months and helped lift oil prices to multi-year highs
  17.5 hours ago — Business Standard

• RBI should not try to stem Re depreciation if it is gradual and non-disorderly: V Anantha Nageswaran

  “Handle import bill by letting crude oil prices be reflected in petroleum product prices.”
  18 hours ago — Economic Times

• Analysis: Dow-ned but not out - Expulsion no body blow for GE shareholders

  (Reuters) - General Electric Co's expulsion from the elite Dow Jones Industrial Average may be a bitter pill to swallow for shareholders, but it could be little more than a publicity blow for investors in the 126-year-old struggling U.S. conglomerate.
  18 hours ago — Reuters

• Hike in income cap for priority sector lending to help more people get home loans

  The government has supported the housing sector through affordable housing fund.
  18 hours ago — Economic Times

• Rising interest rates threaten Blackstone's first-of-a-kind IPO in India

  Investors may demand yields as high as 15 per cent to subscribe to the Blackstone offer
  18 hours ago — Business Standard

• How to pay workers when oil runs out? A question troubling Gulf rulers

  Government is the employer of first resort -- even when it has nothing much for its employees to do
  18 hours ago — Business Standard

• Markets bleed in fresh round of tariff war, made in America

  The perception that India would be less impacted in a trade war saved the day for equity investors.
  18 hours ago — Economic Times

• Oberoi Realty raises Rs 1,200 crore through QIP

  Shares of Oberoi Realty closed at Rs 506.55 per share, down 0.6 per cent over previous close.
  18 hours ago — Economic Times

• Sensex jumps over 100 pts, Nifty reclaims 10,750; IIFL up 3%

  ​Volatility index VIX declined 2.49 per cent to 12.59.
  18 hours ago — Economic Times

• Is Reliance Jio really the most profitable telecom firm?

  Appearances can be deceptive, and so can reported profits
  18 hours ago — Live Mint

• ETMarkets Podcast: What's buzzing on D-Street this morning??

  Nifty futures in Singapore traded flat, signalling indecision on Dalal Street.
  18.5 hours ago — Economic Times

• Bond yields fall after RBI bond purchase announcement

  The 10-year bond yields fall to 7.786% from its Tuesday’s close of 7.865% after RBI announces an open market purchase of bonds
  18.5 hours ago — Live Mint

• RITES IPO opens for subscription today. Should you invest?

  Established in 1974, RITES has undertaken projects in over 55 countries including Asia, Africa, Latin America, South America and Middle East
  18.5 hours ago — Business Standard

• PE-backed IPOs outperform non-PE issues; 2017 best in terms of proceeds

  Performance of non-PE backed IPOs was more in line with index performance since the date of listing.
  19 hours ago — Economic Times

• Sell LIC Housing Finance, target Rs 470: Manas Jaiswal

  Sell LIC Housing Finance Ltd. at a price target of Rs 470.0 and a stoploss at Rs 501 from entry point.
  19 hours ago — Economic Times
  • Buy Kaveri Seed Company, target Rs 610: Manas Jaiswal 19 hours ago — Economic Times
  • Buy Axis Bank, target Rs 535: Kunal Bothra 19 hours ago — Economic Times
  • Buy Ashok Leyland, target Rs 143: Kunal Bothra 19 hours ago — Economic Times

• 'BUY' or 'SELL' ideas from experts for Wednesday, 20 June 2018

  Here's what D-Street experts have recommended for today's trading session -
  19 hours ago — Economic Times
  • Cipla, IIFL Holdings and Oberoi Realty among top stocks to track today 19 hours ago — Economic Times

• LIC Bets on Consumption Stocks, Junks PSU Banks

  By the weighting of the consumer sector in the BSE 200 companies, LIC is overweight by 3.6 per cent.
  19 hours ago — Economic Times

• How US-China trade war will affect India

  There is no question that economic growth and asset markets will be badly hurt by a full-blown US-China trade war
  19 hours ago — Live Mint

• MARKETS LIVE: Global cues to steer indices as trade war tensions persist

  Catch all the market news here.
  19 hours ago — Business Standard

• ‘Healthy’ RITES offer right reasons to invest

  In the past four years ending FY17, the company’s revenues have grown at a compounded annual growth rate (CAGR) of 9 per cent to Rs 1,353 crore.
  19.5 hours ago — Economic Times

• Global stocks recover from earlier rout but trade war fears seen capping gains

  SHANGHAI (Reuters) - Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the spectre of a U.S.-China trade war rattled global markets, but significant uncertainty around the trade outlook is capping gains.
  19.5 hours ago — Reuters
  • Asian markets rebound on bargain-hunting, shrug off trade war threats 19.5 hours ago — Reuters

• General Electric loses century-old spot in Dow Jones Industrial Average

  A decade and a half ago GE was the world's most valuable public company
  19.5 hours ago — Business Standard

• Midcap premiums may ease amid rate, macro concerns

  Money managers said some moderation is expected in the P/Es of mid and smallcap cos.
  19.5 hours ago — Economic Times

• BJP-PDP split: Governor's rule imposed in J&K after President's nod

  The two-year-old Mehbooba Mufti-led government in Jammu and Kashmir fell on Tuesday after the BJP pulled out of its alliance with the PDP
  19.5 hours ago — Business Standard

• Market Movers: BJP pulls out of J&K government; oil prices edge up and rupee nosedives

  A look at top macro triggers that may move market on Wednesday
  19.5 hours ago — Economic Times

• Exclusive - Lapses at many levels of bank led to huge PNB fraud, internal report shows

  MUMBAI/NEW DELHI (Reuters) - A $2 billion fraud at India's Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank's own internal probe has found.
  19.5 hours ago — Reuters
  • Exclusive - Lapses at many levels of bank led to India's huge PNB fraud, internal report shows 19.5 hours ago — Reuters

• Dollar steadies vs yen as US yields come off lows, but capped by trade woes

  Better-than-expected US housing data also nudged Treasury yields off their lows on Tuesday.
  19.5 hours ago — Economic Times

• What changed your markets while you were sleeping

  Let's check out what all might matter to Dalal Street through the day.
  20 hours ago — Economic Times

• Oil prices edge up on report of lower US crude inventories

  A 25 per cent tariff on US crude oil imports, as threatened by China in retaliation for duties Washington has announced.
  20 hours ago — Economic Times
  • Oil prices edge up on report of lower U.S. crude inventories 20 hours ago — Reuters

• Gold holds steady amid firm dollar, stronger equities

  US gold futures for August delivery were, however, 0.2 per cent lower at $1,276.10 per ounce.
  20 hours ago — Economic Times

• Why BJP ditched PDP? To gain lost ground before 2019, say political parties

  BJP on Tuesday ended its alliance with the PDP in Jammu and Kashmir, forcing chief minister Mehbooba Mufti to resign
  20 hours ago — Business Standard

• Delhi's Indian Accent only Indian restaurant in world's top 100 list

  The World's 50 Best Restaurants list is organized and compiled by William Reed Business Media
  20 hours ago — Business Standard

• Critical lapses, blatant violations led to Nirav Modi fraud: PNB report

  The report said that it is "incomprehensible" that branch staff did not notice the fraud being committed
  20 hours ago — Business Standard

• General Electric dropped from Dow after more than a century

  The decision is a fresh blow to the firm, which has stumbled badly in recent years. Last fall, John L. Flannery raised concerns over power-generation unit.
  20.5 hours ago — Economic Times

• Kashmir: 64% rise in terror incidents in BJP-PDP ruled J&K, shows data

  More than 70,000 terror incidents have been reported in J&K over the last 28 years ending 2017, in which 22,143 terrorists were killed and 13,976 civilians and 5,123 soldiers lost their lives
  20.5 hours ago — Business Standard

• ICICI Bank board may have new chairman next week as M K Sharma retires

  A former chairman of a large PSU bank had been sounded out to take over as ICICI Bank chairman, but no decision taken so far
  20.5 hours ago — Business Standard

• RuPay takes small finance bank route for network expansion

  Promoting digital adoption among low income, rural clients through incentives
  20.5 hours ago — Business Standard

• Top stock ideas by Prabhudas Lilladher: Buy Radico Khaitan, Motherson Sumi

  Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
  20.5 hours ago — Business Standard

• Tata Motors eyes Rs 19 bn cost cuts, to launch 50 variants in CV segment

  About one-third of these launches have happened in the current quarter
  20.5 hours ago — Business Standard

• Nifty outlook and technical calls by HDFC Securities for today

  Nifty outlook and technical calls by Vinay Rajani, Technical Analyst, HDFC Securities:
  21 hours ago — Business Standard

• Cannes Lions: India bags 9 shortlists in print, outdoor, design and mobile

  The agencies, whose work has bagged these shortlists, include J Walter Thompson, Creativeland Asia, DDB Mudra, FCB India, McCann India and Ogilvy India
  21 hours ago — Business Standard

• Sebi set to revamp IPO norms

  Among the proposed changes are requiring financial disclosures for 3 years rather than 5 and reducing disclosure of the price band to two days before the issue opens.
  21 hours ago — Economic Times

• US quits UN Human Rights Council, calls it 'cesspool of bias', anti-Israel

  The announcement came after the top UN human rights official criticised Washington for separating migrant children from their parents who are seeking asylum after crossing into the country from Mexico
  21 hours ago — Business Standard

• Today's picks: From UPL to Bharti Infratel, hot stocks to watch today

  Nifty, Bank Nift, UPL, Bharti Infratel
  21 hours ago — Business Standard

• Australia's Telstra slashes jobs as 'tipping point' forces strategic reset

  SYDNEY (Reuters) - Australia's largest telecom firm Telstra Corp Ltd said it would cut a quarter of its workforce and flagged asset sales on Wednesday, as competition and new technology crush its mainstay fixed-line businesses and force a strategic reset.
  21.5 hours ago — Reuters
  • Australia's Telstra announces 8,000 job cuts, to make infrastructure unit a separate entity 21.5 hours ago — Reuters

• General Electric loses place in elite Dow Jones Industrial Average

  (Reuters) - General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that once towered over the American business landscape but is now struggling to retain its standing as an industrial powerhouse.
  22 hours ago — Reuters

• FedEx orders Boeing freighters for $6.6 billion

  (Reuters) - FedEx Express, a unit of package delivery company FedEx Corp , has ordered 24 medium and large freighters from Boeing Co , the world's biggest planemaker said on Tuesday, as e-commerce demand boosts air freight business.
  23 hours ago — Reuters

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