sensex earnings gold low higher dollar yields rupee india expect rcb csk oil percent asia wall street trade bank quarterly fall indian drop wipro estimates steel jumps prices billion ultratech beats revenue falls nifty top news sales sebi bharti infratel ipl fortis bid
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Karnataka polls: Development over politics for BJP, says Modi via NaMo app
PM Modi spoke to BJP candidates via NaMo app to boost their morale before upcoming Karnataka Assembly election. Modi also expressed his condolences to victims of Kushinagar school bus accident23 minutes ago — Business Standard -
Sensex inches up, but derivatives expiry weighs
(Reuters) - Indian shares were slightly higher on Thursday, but sentiment was subdued ahead of the expiry of derivatives contracts and as investors awaited March-quarter results from private sector lenders Axis Bank and Yes Bank Ltd.27 minutes ago — Reuters- Sensex inchs up, but derivatives expiry weighs 27 minutes ago — Reuters
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LG Elec reports highest first-quarter profit since 2009 as TV earnings jump
SEOUL (Reuters) - South Korea's LG Electronics Inc reported its highest first-quarter operating profit since 2009, as record profits from its TV business more than made up for another loss for the mobile division.40 minutes ago — Reuters- Barclays reports better than expected first quarter pretax profit of $2.4 bln 40 minutes ago — Reuters
- South Korean economy rebounds in first-quarter on exports, govt spending 40 minutes ago — Reuters
- Philips Lighting first-quarter core earnings miss expectations 40 minutes ago — Reuters
- Hyundai Motor first-quarter net profit halves, misses estimates 40 minutes ago — Reuters
- South Korean economy bounces back in first quarter on exports, government spending 40 minutes ago — Reuters
- Ford posts higher quarterly net profit, beats Wall Street estimates 40 minutes ago — Reuters
- Wipro fourth-quarter profit falls 20 percent 40 minutes ago — Reuters
- UltraTech Cement fourth-quarter profit falls 39 percent 40 minutes ago — Reuters
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Gold is little changed near five-week low as higher dollar, bond yields weigh
41 minutes ago — Live MintSpot gold was up 0.05% at $1,323.66 per ounce at 9.21am IST, after falling by as much as 0.9% to $1,318.51 in the previous session, its lowest since 21 March
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Shaily Engineering hits record high on stake hike by HDFC Small Cap Fund
The stock hit a record high of Rs 1,510, up 8%, extending its Wednesday's 6% gain after HDFC Small Cap Fund purchased 99,134 shares via open market.47 minutes ago — Business Standard -
Analysis: Chinese rental apartment firms issue REITs, but some may struggle to make payouts
SHANGHAI/BEIJING/HONG KONG (Reuters) - Chinese real estate companies have found a new tool to raise money - selling units in real estate investment trusts (REITs) backed by rental apartments. There is just one problem - in some cases the rental income may not be enough for the returns that REITs issuers indicated they will pay investors.48 minutes ago — Reuters -
Rare rupee bull says currency to gain as RBI will raise rates
49 minutes ago — Live MintThe RBI brought forward rate-hike expectations last week by releasing unexpectedly hawkish minutes of its last meeting
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Trader's guide to India elections says it's time to buy equities
1 hour ago — Economic TimesElections are due by 2019, & modern history shows that tends to be good thing for investors.
- Trader’s guide to India elections says it’s time to buy equities 1 hour ago — Live Mint
- Stocks in focus on April 26, 2018 1 hour ago — Economic Times
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Run-up to Maruti Suzuki Q4: Here's what to expect
1 hour ago — Economic TimesAxis Capital has estimated an annual net profit and sales growth of 21 per cent and 14 per cent, respectively.
- YES Bank Q4 earnings on Thursday; here's what to expect 1 hour ago — Economic Times
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RCB vs CSK Match Highlights: Dhoni finishes off in style as CSK thump RCB
Ambati Rayudu and MS Dhoni chased down 206 runs to lead CSK to the top of points table, beating RCB by 5 wickets1 hour ago — Business Standard- IPL 2018: Dhoni does it with trademark 6, CSK back on top of points table 1 hour ago — Business Standard
- IPL 2018: Dhoni wins it for CSK with trademark 6, reach top of points table 1 hour ago — Business Standard
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Market Now: Oil stocks under pressure; Petronet, BPCL, HPCL down nearly 2%
1 hour ago — Economic TimesThe BSE Oil & Gas index was trading 0.39 per cent down at 14,368 around 11:30 am (IST).
- Market Now: Telecom index plunges 2% as biggies falter 1 hour ago — Economic Times
- Market Now: Nifty Realty index rises 2%; Brigade Enterprises, IB Real Estate top gainers 1 hour ago — Economic Times
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Singapore March factory output up 5.9 percent, electronics solid
SINGAPORE (Reuters) - Singapore's industrial production grew slightly more than expected in March from a year earlier as electronics output continued to show strong growth, data showed on Thursday.1 hour ago — Reuters -
Global Markets: Asia stocks supported by Wall Street, but China drags
TOKYO (Reuters) - Asian stocks were supported on Thursday by robust corporate earnings that helped Wall Street quell concerns about the surge in U.S. bond yields. However, sagging Chinese shares limited the upside potential of the market.1 hour ago — Reuters- Asia a bright spot for Japan carmakers facing sluggish U.S. sales, trade concerns 1 hour ago — Reuters
- Global Markets: Asia stocks rise as U.S. earnings prop up Wall Street, dollar solid 1 hour ago — Reuters
- Oil prices rise on concerns over supply disruptions, but surging U.S. output looms 1 hour ago — Reuters
- Asia stocks edge up as U.S. earnings prop up Wall St, dollar solid 1 hour ago — Reuters
- Financial, tech stocks lead Wall Street lower as yields rise 1 hour ago — Reuters
- Global stocks move towards longest losing streak of the year 1 hour ago — Reuters
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Gold Rate Today: Gold, silver trade lower in morning deals
1 hour ago — Economic TimesMCX Gold futures were trading 0.18 per cent, or Rs 56 lower at Rs 31,350 per 10 grams at 11:09 am.
- Gold hovers near 5-wk lows amid dollar pressure, rising yields 1 hour ago — Economic Times
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Are we in for the return of commodity supercycle?
1 hour ago — Economic TimesFor various reasons, commodities have bounced back in the last three years.
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Mercator shares take a dive on BSE
Shares of Mercator Ltd. tanked nearly 11% on Thursday, after reports said that the Central Bureau of Investigation (CBI) had charge=sheeted its execu1 hour ago — The Hindu Business -
Deutsche Bank announces major overhaul of investment bank
FRANKFURT (Reuters) - Deutsche Bank on Thursday announced cuts to its bond and equities trading in a major overhaul of its troubled investment bank after posting a 79 percent drop in net profit in the first quarter.1 hour ago — Reuters- Deutsche Bank announces investment bank cuts after sharp profit drop 1 hour ago — Reuters
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Nokia posts sharp quarterly profit fall, sees 5G accelerating
HELSINKI (Reuters) - Network equipment maker Nokia on Thursday posted weaker-than-expected quarterly profits as telecom operators, particularly in North America, held off spending, but it expressed confidence that momentum was building later in 2018.1 hour ago — Reuters- Philips Lighting first-quarter core earnings miss expectations 1 hour ago — Reuters
- Hyundai Motor first-quarter net profit halves, misses estimates 1 hour ago — Reuters
- Nippon Steel annual profit jumps 71 percent on higher product prices 1 hour ago — Reuters
- Nippon Steel annual profit jumps 70.5 percent on higher product prices 1 hour ago — Reuters
- Ford posts higher quarterly net profit, beats Wall Street estimates 1 hour ago — Reuters
- Wipro's fourth-quarter profit misses estimates on lower revenue 1 hour ago — Reuters
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Skinny and sweet: U.S. refiner earnings depend on the oil diet
NEW YORK (Reuters) - Smaller independent refiners with less complex facilities are surging in the stock market of late, as investors expect strong earnings growth thanks to the recent fall in price of their primary cost - light, sweet crude oil coming out of West Texas.1 hour ago — Reuters -
Future of Indian democracy will depend on how unusually brave its press is
Journalists in India's regional-language media regularly uncover, at great risk to their lives, turpitude among politicians, bureaucrats and businessmen1.5 hours ago — Business Standard -
Google Gmail now gets smarter with security, productivity and AI features
The updated email client is currently rolling out in batches. But you can try the new look by going in the settings (click on clog icon on top right) and selecting 'Try the new Gmail' option1.5 hours ago — Business Standard -
Wipro shares fall over 3% after profit slumps
Shares of Wipro were down 3.01% or ₹8.65 to trade at ₹278.551.5 hours ago — The Hindu Business -
Market Now: HUL, M&M among stocks that hit fresh 52-week highs on NSE
1.5 hours ago — Economic TimesEquity benchmarks were trading a little higher ahead of the expiry of April futures and options contracts.
- Market Now: Over 60 stocks defy positive market mood, hit fresh 52-week lows 1.5 hours ago — Economic Times
- Market Now: These stocks defy positive market mood, crack over 15% 1.5 hours ago — Economic Times
- Market Now: Sensex, Nifty up; these stocks jumped over 10% 1.5 hours ago — Economic Times
- Market Now: Hindalco, Ashok Leyland among most traded stocks on NSE 1.5 hours ago — Economic Times
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Sensex recovers 57 points ahead of F&O expiry
Realty, metal, healthcare, infrastructure, auto, FMCG and power sectors led the recovery.1.5 hours ago — The Hindu Business -
PC Jeweller sinks for 5th session, down 15%
1.5 hours ago — Economic TimesThere are rumours in the market that promoter stake in the company might have fallen by 1-2 per cent.
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U.S. derivatives regulator proposes more flexible swaps trading rules
WASHINGTON (Reuters) - The head of the U.S. derivatives watchdog on Thursday said he would like to allow more flexibility in the way swaps are traded while at the same time tightening requirements for reporting of such trades.1.5 hours ago — Reuters -
What IIFL’s Sanjiv Bhasin is looking to buy in real estate & construction space
2 hours ago — Economic Times“IDFC after merger with Capital First, can be a dark horse in next two years, doubling from here.”
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Toyota shifting to petrol-only fuel strategy; no diesel version of Yaris
The narrowing gap between petrol and diesel prices, an uncertainty around the future treatment of vehicles and low resale price of diesel cars are some of the apparent reasons for the strategy shift2 hours ago — Business Standard -
Bain Capital targets $4 billion for new Asia fund: source
HONG KONG (Reuters) - Global private equity firm Bain Capital LLC is targeting up to $4 billion for a new Asia-focused fund, a person with direct knowledge of the matter said, adding yet more dry powder to the region that has enjoyed a two-year fundraising bonanza.2 hours ago — Reuters -
UltraTech beats estimates as higher volumes boost revenue
2 hours ago — Economic TimesHigher volumes boosted UltraTech’s revenues that beat Street estimates in the March quarter.
- Realizations increase at UltraTech Cement, but that’s unlikely to offset cost pressures 2 hours ago — Live Mint
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Wipro falls nearly 5% as brokerages cut target price on weak Q4 results
2 hours ago — Live MintWipro shares fall as much as 4.6% as brokerage firms reduced its target price after the company reported lower-than-estimated March quarter earnings
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A peek into the Q4 changes in Rakesh Jhunjhunwala's billion dollar bets
2 hours ago — Economic TimesMarket came off their record high levels in March quarter, but Big Bull sat tight on his portfolio.
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Kushinagar bus-train collision kills 11 students; toll may rise: Updates
The Kushinagar school bus-train collision killed 11 students of Divine Public School. Injured students were shifted to nearby hospital for treatment. Catch latest updates on Kushinagar bus accident2 hours ago — Business Standard -
Wipro Q4 a let-down for investors; Should you sell?
2 hours ago — Economic TimesThe third-largest software exporter posted 6.64 per cent fall in net profit at Rs 1,803 crore in January-March.
- Sterlite Tech Q4 profit jumps 77% to Rs 112 crore 2 hours ago — Economic Times
- Wipro fourth-quarter profit falls 20 percent 2 hours ago — Reuters
- Bajaj Corp Q4 net rises 5% to Rs 55.41 crore 2 hours ago — Economic Times
- YES Bank Q4 earnings on Thursday; here's what to expect 2 hours ago — Economic Times
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MARKETS LIVE: Indices trade in range, Nifty hovers near 10,600; Wipro slips
Catch all the market action here2 hours ago — Business Standard- MARKETS LIVE: Indices open flat, Nifty above 10,550 mark 2 hours ago — Business Standard
- MARKETS LIVE: F&O expiry, corporate earnings, to impact sentiment today 2 hours ago — Business Standard
- MARKETS LIVE: Sensex slips 150 pts, Nifty near 10,550; Metal stocks fall 2 hours ago — Business Standard
- MARKETS LIVE: Indices slightly weak, Nifty below 10,600; Metals stocks fall 2 hours ago — Business Standard
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PC Jeweller hits 52-week low; stock tanks over 25% in two trading days
The stock hit a 52-week low of Rs 208 on the NSE in early morning trade, tanked 28% in past two trading days from Rs 289 on Tuesday, April 24, 20182.5 hours ago — Business Standard- Stock that rallied over 200% in 12 days 2.5 hours ago — Business Standard
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Market Now: RIL, TCS among most active stocks in terms of value on NSE
2.5 hours ago — Economic TimesMost active stocks in terms of value help investors to identify the stocks with highest trading turnover during the day.
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Rupee recovers from 14-month low , up by 11 paise
The domestic currency had tumbled 52 paise to hit a 14-month low of 66.90 against the US dollar.2.5 hours ago — The Hindu Business- Rupee recovers from 14-month low , up by 11 paise 2.5 hours ago — The Hindu Business
- Dollar’s strength could be bad news 2.5 hours ago — Economic Times
- Sterlite Tech Q4 profit jumps 77% to Rs 112 crore 2.5 hours ago — Economic Times
- Rupee crashes 52 paise to 14-month low against US dollar 2.5 hours ago — Economic Times
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Prices of oil, natural gas, coal set to rise by 20% this year: World Bank
2.5 hours ago — Economic TimesThe increase in energy prices is expected to have adverse impact on India.
- Custodians rush to Sebi over curbs on NRI investment in FPIs 2.5 hours ago — Economic Times
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Stocks that ace investors bought and dumped recently
2.5 hours ago — Economic TimesBuying and selling moves of well-known investors are keenly watched by D-Street participants.
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Japan's Coincheck posts $433 million writedown in year to March
TOKYO (Reuters) - Japanese cryptocurrency exchange Coincheck Inc recorded an estimated writedown of 47.3 billion yen ($432.56 million) for the year ended March, its parent Monex Group Inc said on Thursday.2.5 hours ago — Reuters- Interview: Asahi Life to invest 100 billion yen in 'open' foreign bonds this FY 2.5 hours ago — Reuters
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Rupee edges up to 66.88 against dollar
2.5 hours ago — Economic TimesThis was the lowest closing for the rupee since February 22, 2017.
- Rupee feels the pinch as US yields, oil move higher 2.5 hours ago — Economic Times
- Rupee crashes 52 paise against dollar 2.5 hours ago — The Hindu Business
- Rupee crashes 52 paise to 14-month low against US dollar 2.5 hours ago — Economic Times
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Congress slams BJP for not confronting China over Doklam; top developments
PM Modi's meeting with Xi Jinping at Wuhan summit will help ease bilateral ties after the Doklam standoff. Congress leader Randeep Singh Surjewala slammed govt for avoiding confrontation with China2.5 hours ago — Business Standard -
Royalty payment curbs a boost for MNC units
2.5 hours ago — Economic TimesRoyalty payment of Maruti in the third quarter of FY18 stood at 5.3 per cent of sales.
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Wipro dips 5% on weak revenue guidance for Q1FY19
The stock dipped 5% to Rs 274 on the BSE after the India's third-largest IT services company gave a disappointing revenue growth guidance of -2.3% to 0.1% in CC for Q1FY19.2.5 hours ago — Business Standard -
Samsung Electronics flags mobile weakness as chips power record first-quarter profit
SEOUL (Reuters) - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.2.5 hours ago — Reuters- UltraTech Cement fourth-quarter profit falls 39 percent 2.5 hours ago — Reuters
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Hedge funds are making big bets on crude going higher
2.5 hours ago — Economic TimesFunds held a total of 1.520 billion barrels of bullish positions in the six contracts on April 20.
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ETMarkets Morning Podcast: What's buzzing on D-Street this morning?
3 hours ago — Economic TimesTune in for market news, views and cues.
- ETMarkets Evening Podcast: Market falls; what's your next step? 3 hours ago — Economic Times
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How open distribution in insurance can help
3 hours ago — Live MintOpen architecture in bancassurance with up to three life insurers, general insurers and health insurers each could change the way consumers can interact with these distributors
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Did you know? Investing across geographies can spread your risk
3 hours ago — Live MintGeographical diversification helps retain a balance in earnings when financial markets in your country are depressed
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Sensex rises 50 pts, Nifty50 flat; PCJ tanks 8%, Wipro 4%
3 hours ago — Economic TimesVolatility index Vix climbed over 3 per cent to 12.79.
- MARKETS LIVE: Sensex slips 150 pts, Nifty near 10,550; Metal stocks fall 3 hours ago — Business Standard
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Don’t let volatility derail your long-term investments
3 hours ago — Live MintEquity as an asset class gives higher returns over a long duration
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Emami shares surge 7% on bonus issue plan
The board of directors of the company will meet on May 3, to recommend a dividend for the financial year 2017-18 and / or to recommend issue of bonus shares to the equity shareholders.3 hours ago — Business Standard -
Growth in local demand may push up GNFC & GSFC bottom lines
3 hours ago — Economic TimesIn the March quarter, GNFC reported a 39 per cent on-year jump in net profit.
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Asaram broken after life imprisonment; Gujarat rape case pending: 10 points
Asaram has been sentenced to life imprisonment until his death by a Jodhpur court for raping a minor in 2013. Another case of alleged sexual exploitation on 2 Surat-based sisters remains pending3 hours ago — Business Standard -
ZTE tells suppliers China trade row may be factor in U.S. ban: source
NEW YORK (Reuters) - China's ZTE Corp held a conference call on Wednesday with major suppliers, during which a company representative suggested the trade dispute with Beijing may have been a factor in last week's U.S. order banning American firms from selling goods to the smartphone maker, according to a person familiar with the call.3 hours ago — Reuters -
Property prices drop by 7% in 9 cities in January-March: report
3 hours ago — Live MintPrices fell in the first quarter of the calendar year 2018 in nine cities
- Boeing profit rises 57 percent 3 hours ago — Reuters
- UltraTech Cement Q4 net flat at Rs 724 crore, hurt by rise in input costs 3 hours ago — Economic Times
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Rupee opens flat in early trade against US dollar
3 hours ago — Live MintAt 9.15am, the home currency was trading at 66.91 against US dollar, down 0.02% from its Wednesday’s close of 66.90
- Rupee crashes 52 paise to 14-month low against US dollar 3 hours ago — Economic Times
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MFI-turned-banks must not forget their mission: Mengistu Alemayehu, IFC
3 hours ago — Economic Times"Today, almost 50% of the disbursements in microfinance is through IFC-backed companies."
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Nearly 50% of BJP MPs and MLAs have declared hate speech cases against them
The maximum number of MPs and MLAs who have registered cases of self-declared hate speech filed against them are from UP3.5 hours ago — Business Standard -
15 states still don’t have a RERA website
3.5 hours ago — Live MintTwo years after the RERA Act was enacted, 15 states still don’t have a separate website for a real estate authority that each state was mandated to set up
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ICICI Lombard maintains its profitability, hopes for sustained growth
3.5 hours ago — Live MintICICI Lombard’s profitability metrics should cheer, but it needs to maintain the growth rates to justify the valuation
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'BUY' or 'SELL' ideas from experts for Thursday, 26 April 2018
3.5 hours ago — Economic TimesET Now spoke to various experts and here's what they have to recommend for today's trade.
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Headwinds to slow us in first quarter; expect better news from the second: Abidali Neemuchwala, Wipro
4 hours ago — Economic TimesThe last (bankruptcy of a client) I think was with Nortel in 2009.
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Wipro’s recovery remains a non-starter
4 hours ago — Live MintWipro has had too many false starts and it is not yet clear when the growth rates will begin to move up
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GM president says near resolution for South Korea unit, union accepts wage deal
SEOUL (Reuters) - General Motors Co's president said on Thursday that it was very close to a resolution to fix its ailing South Korean unit, as its South Korean union accepted a wage deal.4 hours ago — Reuters- Oil prices rise on concerns over supply disruptions, but surging U.S. output looms 4 hours ago — Reuters
- GM may raise investment plan for South Korean unit: source 4 hours ago — Reuters
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need2know: Geopolitics of oil, Sebi curb on NRI money & other macro cues for your day on D-Street
4 hours ago — Economic TimesA look at top macro triggers that may move market on Thursday
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Hindustan Zinc plans hiving off silver portfolio into a new unit
4 hours ago — Economic TimesSilver, a by-product of zinc, offers a return that is nearly 40-50 times higher than zinc.
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What changed your markets while you were sleeping
4 hours ago — Economic TimesLet’s check out what matter to Dalal Street all through the day.
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Bharti Infratel-Indus Towers deal structure suggests Idea Cellular is desperate for cash
4 hours ago — Live MintAs per the Bharti Infratel-Indus Towers deal structure, Indus’s valuation in case of a cash transaction will be a 10% discount to Bharti Infratel’s EV/Ebitda multiple
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Bank fixed deposit rates
4 hours ago — Live MintFixed deposit (FD) rates vary across banks, depending on the term of deposit.
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Asia stocks rise as US earnings prop up Wall St, dollar solid
4 hours ago — Economic TimesMSCI's broadest index of Asia-Pacific shares outside Japan bounced back from three-week lows.
- Asia stocks edge up as U.S. earnings prop up Wall St, dollar solid 4 hours ago — Reuters
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Oil prices rise on Iran sanctions worries, falling Venezuelan output
4.5 hours ago — Economic TimesUS West Texas Intermediate (WTI) crude futures were up 33 cents.
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Sebi order kicks off storm; social media links can’t prove insider trading
4.5 hours ago — Economic TimesUnless independent evidence authenticates it, virtual connection alone is not evidence of fact.
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IMF estimates higher crude oil prices may not have any significant impact on India’s GDP
4.5 hours ago — Live MintIMF says India’s terms-of-trade loss as a percent of GDP over 2018-2019 is likely to be at 0.18%, much lower than the 1.5% loss seen in 2017
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Insolvent clients take a toll on Wipro’s Q4 nos
4.5 hours ago — Economic TimesIn rupee terms, Wipro’s IT services revenue was Rs 13,410 crore.
- Client insolvency drags down Wipro’s Q4 net 4.5 hours ago — The Hindu Business
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IDFC in talks to sell AMC, broking units
4.5 hours ago — Economic TimesIDFC Mutual Fund, with more than Rs 70,000 crore of assets under management, is valued at around 6-8 per cent of its total assets.
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Opening bell: Asian markets open higher; Bharti Infratel, Axis Bank, Biocon in news
4.5 hours ago — Live MintAsian markets were mostly up in early trade on Thursday, likely taking cues from modest gains on Wall Street, where the Dow closed higher for the first time in six sessions
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Nifty outlook: F&O expiry likely to keep Nifty rangebound
4.5 hours ago — Economic TimesThe Relative Strength Index or RSI on the daily chart stood at 61.1110.
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Empowering rural local bodies: Fully in letter, partially in spirit
The amendments and Acts gave them taxation powers and powers to finance basic services that the populace needed5.5 hours ago — Business Standard -
Gold hovers near 5-week lows amid dollar pressure, rising yields
BENGALURU (Reuters) - Gold prices on Thursday stayed close to five-week lows hit in the previous session, pressured by a stronger dollar, which hovered near more than three-month highs, and a rise in U.S. Treasury yields.5.5 hours ago — Reuters- Asia stocks edge up as U.S. earnings prop up Wall St, dollar solid 5.5 hours ago — Reuters
- Ford targets higher margins faster, to drop unpopular cars 5.5 hours ago — Reuters
- Ford targets higher margins faster, will drop unpopular sedans 5.5 hours ago — Reuters
- Oil dips away from late-2014 highs as rising U.S. supply clouds bull-run 5.5 hours ago — Reuters
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Today's picks: From M&M to Tata Steel, hot stocks to watch on Thursday
Nifty, Bank Nifty, HPCL, M&M, Tata Steel6 hours ago — Business Standard -
Top trading ideas for today's trade: Buy Bajaj Finserv, Sell India Cements
Nifty outlook and top trading ideas by Sacchitanand Uttekar, AVP - Technical (Equity), Tradebulls.6 hours ago — Business Standard- Nifty outlook and top trading ideas from Prabhudas Lilladher for today 6 hours ago — Business Standard
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The next step for Chinese economic policy
The result was an explosion of economic growth and a rapid increase in living standards6.5 hours ago — Business Standard -
Qualcomm chip sales indicate some smartphone strength
(Reuters) - U.S. chipmaker Qualcomm Inc's quarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from suppliers.7 hours ago — Reuters- Facebook quarterly profit, revenue beat estimates 7 hours ago — Reuters
- Qualcomm profit tops estimates on higher modem chip sales 7 hours ago — Reuters
- Qualcomm's quarterly profit falls 51.5 percent 7 hours ago — Reuters
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Ford accelerates cost-cutting plan, will drop most U.S. sedans
DETROIT (Reuters) - Ford Motor Co on Wednesday outlined a plan to cut costs and boost profit margins at a faster pace than previously announced, which includes dropping traditional sedan models in North America that have become increasingly unpopular with consumers.7.5 hours ago — Reuters- Ford targets higher margins faster, to drop unpopular cars 7.5 hours ago — Reuters
- Ford targets higher margins faster, will drop unpopular sedans 7.5 hours ago — Reuters
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Barclays and Paypal announce tie-up as banks mull big tech threat
LONDON (Reuters) - British bank Barclays and digital payments firm PayPal have announced a partnership that will see them explore ways to combine their services for customers, Barclays said on Thursday.8 hours ago — Reuters -
News digest: Bharti Infratel-Indus merger, tax relief for Flipkart and more
Bharti Infratel and Indus Towers will merge to create the second-largest telecommunications tower company in the world9.5 hours ago — Business Standard- Bharti Infratel, Indus merger to create Rs 965 bn co, 2nd largest after ATC 9.5 hours ago — Business Standard
- Bharti Infratel, Indus merging to form $14.6 billion telecom tower giant 9.5 hours ago — Reuters
- Bharti Infratel to merge with Indus, form $14.6 billion telecom tower giant 9.5 hours ago — Reuters
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Facebook's rise in profits, users shows resilience after scandals
(Reuters) - Facebook Inc shares rose on Wednesday after the social network reported revenue that beat Wall Street estimates, showing no initial impact on its lucrative ad business from a scandal over the handling of personal data.9.5 hours ago — Reuters- Facebook beats Wall Street's revenue estimates, shares rise 9.5 hours ago — Reuters
- Facebook quarterly profit, revenue beat estimates 9.5 hours ago — Reuters
- Qualcomm profit tops estimates on higher modem chip sales 9.5 hours ago — Reuters
- Facebook quarterly profit beats estimates 9.5 hours ago — Reuters
- Wipro sees weak first quarter revenue growth after clients go bust 9.5 hours ago — Reuters
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Mumbai frees up 3,355 hectares of land to build 10 Bandra-Kurla complexes
Mumbai development plan has increased the floor space index (FSI), or the extent of construction allowed on a piece of land, for both commercial and residential buildings10.5 hours ago — Business Standard -
Bang on discount bucks too: Flipkart tax ruling to benefit e-com players
Tribunal says such expenses can be treated as revenue expenditure10.5 hours ago — Business Standard -
Govt hikes raw jute MSP by Rs 200 to Rs 3,700/quintal for 2018-19
The government in the Budget for 2018-19 had announced fixing MSPs at 1.5 times the cost of production for various crops10.5 hours ago — Business Standard -
Stocks end slightly higher though rate jitters linger
(Reuters) - Wall Street eked out a small gain on Wednesday as optimism over a spate of upbeat earnings was offset by jitters over rising bond yields and corporate costs.10.5 hours ago — Reuters- Wall Street struggles for footing on cost worries, rising yields 10.5 hours ago — Reuters
- Financial, tech stocks lead Wall Street lower as yields rise 10.5 hours ago — Reuters
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Airbus, Bombardier hope to close CSeries deal by late May - sources
MONTREAL (Reuters) - Airbus SE and Bombardier aim to close a deal giving the European planemaker a majority stake in the Canadian company's CSeries jetliner program by the end of May, ahead of an initial timetable, two people familiar with the matter told Reuters.10.5 hours ago — Reuters -
With 1.57 bn accounts, 80% Indians save outside banks: World Bank
The increase in the number of bank accounts bodes well for the financial system as the dependence on informal and unorganised players reduces for both savings as well as credit11 hours ago — Business Standard -
Rejected Manipal's offer to waive exclusivity clauses from deal: Fortis
Manipal had offered a one-time waiver from exclusivity provisions under the agreement it signed with Fortis last month11 hours ago — Business Standard -
Renuka Ramnath quits Fortis advisory panel, move may delay sale process
Another source said the process to select a bid for Fortis was likely to be a protracted one11 hours ago — Business Standard- Renuka Ramnath quits Fortis expert panel to evaluate bids 11 hours ago — The Hindu Business
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Videocon loan case: I-T dept issues fresh notice to Deepak Kochhar
The taxman is now studying the nature of activities of NuPower Renewables between 2010-11 and 2015-1611 hours ago — Business Standard -
We'll acquire new biz for skills we can't build internally, says Wipro CFO
If one looks at Wipro's M&A history, only one or two have not done well for every six or seven deals, says Jatin Dalal11 hours ago — Business Standard -
EPFO to inform members about contributions not deposited by firms
According to the statement, the EPFO has so far been intimating its members by way of SMS on credit of their respective monthly contribution into their accounts11.5 hours ago — Business Standard -
UltraTech Q4 net down 39% on one-offs, but core performance surprises
Higher volumes, realisation, improving capacity utilisation of JP's assets drive profitability11.5 hours ago — Business Standard -
ACME Solar's IPO plans on hold; company overvalued itself in first DRHP
The company also has a contract for a 250-Mw unit at the Rewa solar park in Madhya Pradesh12 hours ago — Business Standard -
IPL 2018: Rayudu run out, onus on Dhoni, Bravo; CSK 190-5, need 16 from 6
After ABD and De Kock smashed brilliant fifties, CSK took some quick wickets and did not let RCB batsmen score in death overs. CSK now need 206 to win12.5 hours ago — Business Standard- IPL 2018: Chahal rattles CSK top order, 75-4 in 9 over; Need 125 from 63 12.5 hours ago — Business Standard
- IPL 2018: Quick wickets help CSK restrict RCB to 205-8; ABD, De Kock hit 50 12.5 hours ago — Business Standard
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Sebi could make 'pre-trade' allocation mandatory in Indian markets
Pooled investors such as MFs or FPIs will have to state schemes under which they are acquiring shares12.5 hours ago — Business Standard -
Patanjali denies making Rs 9,000 crore bid for Ruchi Soya
12.5 hours ago — Economic Times“Yes, Patanjali is interested in acquiring Ruchi Soya since we want to make use of their idle installed capacity but we have definitely not placed a bid for Rs 9,000 crore,” Patanjali said.
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Russia, betting on EU Trump talks, keeps powder dry in Rusal row for now
MOSCOW (Reuters) - Moscow is holding off on taking retaliatory measures against the United States for imposing sanctions on Rusal, hoping the EU can persuade Washington to ease restrictions against the world's second largest aluminium producer further, sources told Reuters.13 hours ago — Reuters -
Wipro bucks profit trend on client insolvencies
Profit slumps 20.5% to ₹1,800 cr., revenue slips 1.5% to ₹13,768 cr. in Q4; IT company facing continuous slippage: Sharekhan13 hours ago — The Hindu Business- Client insolvency drags down Wipro’s Q4 net 13 hours ago — The Hindu Business
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Alteria Cap raises Rs100 crore from SIDBI for Rs1,000 crore debt fund
13 hours ago — Live MintAlteria Capital is targeting a total corpus of Rs800 crore with a green shoe option of another Rs200 crore. It expects to raise the entire sum by the second half of this year
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Foreign investors pulled $657 million out of Indian equities this month
13 hours ago — Live MintIn Asia, India faced the second-worst outflows after Taiwan, which saw outflows of $2.7 billion
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Peter Thiel abandons bid to buy news website Gawker
NEW YORK (Reuters) - Billionaire Peter Thiel on Wednesday abandoned his effort to buy the irreverent news website Gawker.com, enabling the Silicon Valley venture capitalist to avoid a possible legal fight over his having secretly funded litigation that led to its demise.13.5 hours ago — Reuters -
Bharti Infratel scrip slips 1% on merger news
13.5 hours ago — Economic TimesIndus’s merger into Infratel is expected to close by March 2019. Airtel said it may sell stake to potential private equity players post the deal closure.
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Wipro Q4 misses estimates on lower revenue, posts Rs 18 bn profit
Slowdown in communication vertical coupled with insolvency of two of its clients dragged its performance13.5 hours ago — Business Standard -
As Yogi heads for campaigning in Karnataka, not all is well back home in UP
His Deputy Keshav Prasad Maurya expresses frustration at officials harassing party workers13.5 hours ago — Business Standard -
NSE launches Nifty Equity Savings Index for mutual funds
NSE unveils Nifty Equity Savings Index for MFsNSE’s index services subsidiary, India Index Services & Products Limited, has introduced Nifty Equit14 hours ago — The Hindu Business -
Ola sets up ‘Safety Council’ for road safety
Ola sets up ‘safety council’ for road safetyRide-hailing firm Ola said that it had set up a first-of-its-kind ‘safety council’ which would work with t14 hours ago — The Hindu Business -
Tejas profit slumps 57% to ₹29.1 crore
Tejas Networks, an optical and data networking products company, announced on Wednesday that fourth-quarter net profit fell 57% year-on-year to ₹29.114 hours ago — The Hindu Business- Sterlite Tech Q4 profit jumps 77% to Rs 112 crore 14 hours ago — Economic Times
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Tata Motors rolls out Ultra range of trucks
Lineup will strengthen position in intermediate, light commercial vehicles: CEO14 hours ago — The Hindu Business- Tata Motors rolls out Ultra trucks 14 hours ago — The Hindu Business
- Tata Motors rolls out Ultra trucks 14 hours ago — The Hindu Business
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Indus Towers to merge with Bharti Infratel
The merger values Indus Tower at EV of $10.8 billion.14 hours ago — The Hindu Business -
Comcast confirms $31 bln bid for Sky, sparking battle with Fox
LONDON/NEW YORK (Reuters) - U.S. media group Comcast submitted a 22 billion pound($30.7 billion) bid for Sky on Wednesday, prompting the European pay TV group to drop its support for a lower offer from Rupert Murdoch's Twenty-First Century Fox.14 hours ago — Reuters- Comcast confirms $31 billion bid for Sky, sparking battle with Fox 14 hours ago — Reuters
- Sky pulls support for Murdoch bid as Comcast confirms offer 14 hours ago — Reuters
- Comcast offers $31 billion for Sky, going head-to-head with Fox 14 hours ago — Reuters
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Huawei’s P20 takes on Apple, Samsung
Smartphone maker eyes ‘premium’ tag14 hours ago — The Hindu Business -
Manipal-TPG combine revises Fortis bid
Increases equity value for hospital business to ₹ 6,322 crore.14 hours ago — The Hindu Business- Manipal-TPG combine revises Fortis bid 14 hours ago — The Hindu Business
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Masterplan Mumbai for 16 years unveiled, city to get more land for housing
Availability of new land means a lot for the space-constrained city with a population density of 29,650 per sq km14 hours ago — Business Standard -
‘Cryptocurrency ban could cost India dear’
Is govt. ready to lose billions if the trade happens outside country: Alluma CEO14.5 hours ago — The Hindu Business -
Insight: Chevron evacuates Venezuela executives following staff arrests
(Reuters) - U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.14.5 hours ago — Reuters -
New seed doubles castor output without additional cost or change in farming
This could revolutionise the lives of thousands of farmers across Gujarat, Telangana, Rajasthan and other major growing states14.5 hours ago — Business Standard -
Nasdaq open to cryptocurrency exchange in future, says CEO
14.5 hours ago — Economic TimesNasdaq on Wednesday announced a surveillance deal with Gemini Trust Company to monitor cryptocurrency trading on its exchange for potential market manipulation and fraud.
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India shows jobs growth as 3.11 mn join PF in 6 months
‘Data may help fill missing link for policy-making’14.5 hours ago — The Hindu Business -
Exclusive: Trump's bank watchdog bought financial stocks up until taking office
WASHINGTON (Reuters) - U.S. President Donald Trump's nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics.14.5 hours ago — Reuters -
How can you mandate Aadhaar-mobile linking without our order? SC asks govt
The lawyer referred to control being enjoyed by UIDAI over entities, private, government which seek Aadhaar authentication for providing services14.5 hours ago — Business Standard -
India aims to produce record 283.7 million tonnes of grains next year
NEW DELHI (Reuters) - India aims to produce a record 283.7 million tonnes of grains in the crop to June 2019, the farm ministry said in a statement on Wednesday, up from 277.49 million tonnes of estimated production in the current year.15 hours ago — Reuters- India shows jobs growth as more than 3 million join social security fund 15 hours ago — Reuters
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Pulwama terror attack: Politician Ghulam Patel killed, parties 'disown' him
Militants fired at the vehicle of Gulam Nabi Patel in J&K's Rajpora Chowk of Pulwama, injuring him and his guards15 hours ago — Business Standard- Pulwama terror attack: BJP's Ghulam Nabi Patel killed, 2 injured; updates 15 hours ago — Business Standard
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All new Gmail: Google redesigns G Suite to steal biz away from Microsoft
With Gmail, Google said it restructured email storage databases, unified three dueling systems for syncing messages across devices and upgraded computers underpinning the service15 hours ago — Business Standard- All new Gmail: Google redesigns G Suite to lure biz away from Microsoft 15 hours ago — Business Standard
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Karnataka: Congress winning Twitter battle, but can't match BJP on WhatsApp
The BJP and Congress social media chiefs, Amit Malviya and Divya Spandana, are currently stationed in Bengaluru and trying to build a narrative in favour of their respective parties15 hours ago — Business Standard -
1,847 entities, individuals default on penalty payments: Sebi
15 hours ago — Economic TimesThe list of defaulters issued by the regulator on Tuesday contains the odest case from 1998 and some from the year 2000.
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Indiabulls Real Estate Q4 profit at Rs 1,648 crore
15.5 hours ago — Economic TimesTotal revenue for the quarter rose to Rs 2,068 crore from Rs 545.1 crore a year ago.
- Mahindra Finance Q4 profit jumps 82% YoY to Rs 425 crore 15.5 hours ago — Economic Times
- Wipro Q4 profit falls 21% YoY to Rs 1,801 crore 15.5 hours ago — Economic Times
- UltraTech Cement Q4 profit falls 39% to Rs446 crore 15.5 hours ago — Live Mint
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Bharti Airtel shares gain over 4% on tower announcement
Bharti Airtel was the top gainer among the Sebsex pack during the morning session on Wednesday after the company announced that Indus Towers will be m15.5 hours ago — The Hindu Business -
Analysis: Peak or pause? Global economy's hesitation unnerves markets
LONDON (Reuters) - World markets entered 2018 speculating that the most synchronised global economic expansion in a decade was about to overheat but growth has since proved underwhelming.15.5 hours ago — Reuters -
IPL 2018: It's raining sixes as ABD, de Kock lead attack; RCB: 106-1 in 9
MSD won the toss and invited Virat's RCB to bat first. This is first match that these temas will play in Indian Premier League after gap of two years15.5 hours ago — Business Standard- IPL 2018: Virat gone, ABD leads charge with de Kock; RCB: 63-1 after 6 15.5 hours ago — Business Standard
- IPL 2018, RCB vs CSK: Dhoni puts Virat's men to bat as teams renew rivalry 15.5 hours ago — Business Standard
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Asaram verdict: Even if Brahma says he's rapist, won't believe say devotees
With the Asaram rape case verdict due in Jodhpur today, the Centre has asked Rajasthan, Gujarat and Haryana to beef up security and maintain law and order15.5 hours ago — Business Standard- Asaram verdict: From 'godman' to rapist and a prisoner for life; 10 updates 15.5 hours ago — Business Standard
- Rape case verdict: Asaram gets life imprisonment; top 10 developments 15.5 hours ago — Business Standard
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Bonds slip, call rates turn higher
15.5 hours ago — Economic TimesThe 7.17 per cent 10-year benchmark bond maturing in 2028 slid to Rs 96.1575 from Rs 96.52.
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As US 10-year Treasury yield hits 3%, nervousness grips Indian markets
The rupee on Wednesday tumbled to a 14-month low, while bond yields hardened and equities fell on continued pull-out by foreign investors from various asset classes15.5 hours ago — Business Standard -
IDFC Bank to raise up to Rs5,000 crore via bonds
15.5 hours ago — Live MintIDFC Bank says the proposed capital will be raised in one or more tranches, in domestic/overseas market, over a period of 1 year, within the overall borrowing limit of Rs1.5 trillion as approved by the shareholders
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Finance ministry halts NHAI’s plan to float InVITs
16 hours ago — Live MintNHAI has been asked to wait till other central public sector enterprises (CPSE) issue their InvITs
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Where's the money, RBI? Data shows India's old habits die hard
MUMBAI (Reuters) - Having speeded up printing presses to refill banks' empty ATMs in some parts of the country, the Reserve Bank of India released data on Wednesday showing that people were still hoarding cash as withdrawals outpaced spending.16 hours ago — Reuters -
Fortis Healthcare bidding war: The story so far
(Reuters) - Fortis Healthcare Ltd (FHL), which runs about 30 hospitals in India, has become a target of a heated takeover battle, with five entities bidding for the embattled company.16 hours ago — Reuters -
Steel mills in Japan, South Korea set to get high quality iron ore from India
The Union Cabinet has approved long-term agreements for a five-year period beginning April 1, 2018.16.5 hours ago — The Hindu Business -
U.S. sanctions encourage McDonald's to cook up Russian fries
LIPETSK, Russia (Reuters) - French fries at McDonald's restaurants from Moscow to Murmansk will be Russian from now on, as U.S. sanctions have spurred on a shift by the American fast-food chain to use local potatoes.16.5 hours ago — Reuters -
Fear factor in gold trade fading, investors play game of patience
16.5 hours ago — Economic TimesNo new demand from the US meant the capital diversion from gold to equities continued.
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Sebi lifts market ban on 34 entities in Dhyana Finstock case
Violations of PFTUP (Prohibition of Fraudulent and Unfair Trade Practices) were not observed against these entities, the regulator said in an order16.5 hours ago — Business Standard -
Jindal Stainless FY18 profit jumps 6-fold to Rs 318 crore
17 hours ago — Economic Times -
Dow opens slightly higher on industrial gains
(Reuters) - The Dow opened slightly higher on Wednesday, boosted by Boeing's 3.4 percent jump after strong results, while the Nasdaq and S&P 500 were little changed as U.S. bond yields climbed above the 3 percent level.17 hours ago — Reuters- Oil heads up to $74 a barrel, but U.S. bonds, crude supply cast a pall 17 hours ago — Reuters
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ICICI Lombard Q4 profit rises 18% to Rs 212 crore
17 hours ago — Economic TimesIncome from investments rose 58% to Rs 24,132 core from Rs 15,216 crore.
- Wipro Q4 profit falls 21% YoY to Rs 1,801 crore 17 hours ago — Economic Times
- UltraTech Cement Q4 profit falls 39% to Rs446 crore 17 hours ago — Live Mint
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Modi-Xi 'Informal Summit': Hopes of a big India-China reset are misplaced
No joint statement is expected after the meeting; a sign that neither side has great hopes from the 'informal summit'17 hours ago — Business Standard -
Bank credit grows 12% to Rs 85 trillion in fortnight ended April 13: RBI
In the previous fortnight ended March 30, 2018, banks loans grew by 10.32% to Rs 86.5 trillion17 hours ago — Business Standard -
Trump, Apple CEO to meet as U.S.-China trade row roils tech sector
WASHINGTON (Reuters) - President Donald Trump will meet with Apple Inc Chief Executive Officer Tim Cook on Wednesday, as the technology industry finds itself in the crosshairs of a U.S. trade spat with China, a manufacturing hub for the iPhone maker and other companies.17.5 hours ago — Reuters -
IPL 2019 will be shifted to UAE if general election dates clash
United Arab Emirates (UAE) will be the likely destination for the BCCI if next year's Indian Premier League dates clash with the country's general elections. The 12th edition of the IPL will be held from March 29 to May 19 next year but BCCI are ...17.5 hours ago — Business Standard -
GM banks on Chinese vehicle family to boost Brazil sales
DETROIT/SAO PAULO (Reuters) - General Motors Co is planning for long-term profitability in South America built on the back of draconian cost cutting during Brazil's recession and the same low-cost vehicles it is developing for Chinese consumers, which are due to hit dealerships in 2019.17.5 hours ago — Reuters- Focus: GM banks on low-cost vehicles in Brazil as auto sales rise 17.5 hours ago — Reuters
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ETMarkets After Hours: Meet 10 top market movers from Wedneday’s session
18 hours ago — Economic TimesSensex slipped 115 points to settle at 34,501 while NSE's Nifty50 shed 44 points to 10,570.
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Boeing cruises past forecasts as margins, sales grow
(Reuters) - Boeing Co's profit jumped by more than half in the first quarter, surging past Wall Street forecasts, and strong sales of commercial jets led it to raise its forecasts for cash flow and earnings after a record 2017.18 hours ago — Reuters- Boeing profit rises 57 percent 18 hours ago — Reuters
- Oil dips away from late-2014 highs as rising U.S. supply clouds bull-run 18 hours ago — Reuters
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Twitter trounces estimates as growth moves overseas
International sales accounted for 48% of revenue, growing 53% year-over-year, compared with 2% in the United States.18 hours ago — The Hindu Business- Twitter beats estimates as growth moves overseas; shares jump 18 hours ago — Reuters
- Twitter beats Wall Street estimates as growth moves overseas 18 hours ago — Reuters
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Infosys, Wipro, 5 other firms see 43% drop in H1-B approvals in past 3 yrs
Among the seven Indian-based companies the H-1B approval of Tech Mahindra went up from 1,576 in 2015 to 2233 in 201718 hours ago — Business Standard -
Wipro Q4 profit takes a hit from telecom client’s insolvency: 5 key takeaways
18.5 hours ago — Economic TimesWipro expects topline from IT services to be in the range of $2,015 million to $2,065 million.
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Schools, water are priorities as Saudi launches privatisation plan
DUBAI (Reuters) - School buildings and desalination facilities producing fresh water will feature in some of the first deals as Saudi Arabia transfers a quarter of its economy to private hands, an official overseeing the process said on Wednesday.18.5 hours ago — Reuters -
Lockheed Martin to sweeten India fighter jet bid with F-35 technology
The jet order is an attempt to modernize the South Asian nation's defense forces, a plan which could cost as much as $250 billion over a 10-year period ending 202518.5 hours ago — Business Standard -
India shows jobs growth as 3.11 million join social security fund in six months
NEW DELHI (Reuters) - India added 472,075 employees to the state-run social security fund in February, after adding 604,557 in January, new data on payrolls released on Wednesday showed, giving a guide to how many new jobs are being created in the non-farm sector.19 hours ago — Reuters- India adds 472,075 workers to social security network in February 19 hours ago — Reuters
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Analysts keep faith in Airtel despite lowest quarterly profit in 15 years
Analysts say the performance in the recently concluded quarter was more resilient relative to expectations19 hours ago — Business Standard -
Bitcoin to continue facing regulatory hurdle amid crypto crackdown: Moody's
The report comes amid a tightening of norms surrounding the cryptocurrencies in India19 hours ago — Business Standard -
Tech view: Nifty forms 'Hanging Man' pattern; 10,500 level is key
19 hours ago — Economic TimesNow, Nifty has to hold above 10,520 to extend its move towards 10,630 and then 10,666 level.
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A new set of winners emerging, our job is to identify them: Devesh Kumar, CIMB Securities
19 hours ago — Economic Times“Only solid businesses that have right-sized the balance sheets are going to survive.”
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Delhi HC may sell shares of Singh Brothers to recover Daiichi's Rs 3,500 crore award
19 hours ago — Economic TimesJustice Jayant Nath directed to prepare a list detailing the value of all traded shares.
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F&O: Minor Call unwinding signals some upside for Nifty
19.5 hours ago — Economic TimesNifty witnessed buying interest in morning dips, but selling pressure set in at higher levels.
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RBI to hike rates by 25 basis points in June policy: Deutsche Bank report
The global brokerage had said earlier that it expected RBI to maintain an extended pause and start the rate hike cycle only from the beginning of next year19.5 hours ago — Business Standard -
Eurofighter doesn't expect U.S. to use nuclear certification to tilt German jets bid
BERLIN (Reuters) - The head of Eurofighter on Wednesday said he did not expect the United States to slow certification of the European fighter's ability to carry nuclear weapons as a way to influence a competition to replace Germany's aging 90 Tornado jets.19.5 hours ago — Reuters -
Credit Suisse fully compliant on sanctions - CEO
ZURICH (Reuters) - Swiss bank Credit Suisse complies with sanctions regimes wherever it does business, Chief Executive Tidjane Thiam said after two U.S. senators demanded big banks disclose any links to rich Russians.19.5 hours ago — Reuters -
Sensex snaps 2-day winning run, Nifty breaks below 10,600
19.5 hours ago — Economic TimesMarket fell, dragged by bank and metal stocks, as investors booked profits amid weak global cues.
- MARKETS ON WEDNESDAY: Indices end lower, Nifty below 10,600; Airtel up 4% 19.5 hours ago — Business Standard
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Fraud-hit PNB to hire detective agencies to locate untraceable borrowers
The Delhi-headquartered bank has been at the receiving end of the over Rs 130 billion fraud involving diamond merchants Nirav Modi and Mehul Choksi19.5 hours ago — Business Standard -
Sky withdraws recommendation for Fox bid after higher Comcast offer
LONDON (Reuters) - The independent directors of pay-TV group Sky said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox after U.S. cable company Comcast Corp trumped it with a 22 billion pound ($30.68 billion) offer.20 hours ago — Reuters -
Gautam Gambhir steps down as Delhi Daredevils captain, Iyer to replace him
The 23-year-old Iyer is a top-order batsman and has scored two back-to-back half centuries in losing causes20 hours ago — Business Standard -
Anmol Ambani joins the boards of Reliance Nippon, Reliance Home
He is already on the board of Reliance Capital.20 hours ago — The Hindu Business -
Worried about macro but micro is better; betting on 2 mega themes: Shibani Sircar Kurian, Kotak MF
20 hours ago — Economic TimesIn large cap side, valuations are more comfortable and growth visibility is improving
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Centre seeks suggestions on long term capital gains clause
Opens discussions on govt.’s power to specify applicability20 hours ago — The Hindu Business -
ArcelorMittal, Numetal have pending cases, can't bid for Essar Steel: Kroll
A source who attended CoC meeting in Mumbai on Tuesday said the Kroll report was taken on record by the lenders and it would be taken up for further discussion in the next meeting20 hours ago — Business Standard -
Global steel output rose 4 percent in March as China, U.S. produce more - worldsteel
LONDON (Reuters) - Global crude steel production rose four percent in March as mills in top producer China ramped up output after winter restrictions were lifted and as U.S. producers took advantage of import tariffs to churn out more metal.20 hours ago — Reuters -
Pace of construction not proportionate with award of road contracts: Report
The length of highway contracts awarded by NHAI was 1,726 km in 2013-14 but the highway construction record after three years was much better at 2,628 km at the end of 2016-1720 hours ago — Business Standard -
Univariety: Variety to the fore
Besides the contemporary outlook, their interiors reflect their core activities20 hours ago — The Hindu Business -
Jaitley to chair GST Council on May 4, simplifying return form on agenda
The 27th GST Council meet will also mull over the proposal of converting GSTN into a government company20 hours ago — Business Standard -
Bharti net slumps 78% to 15-year low as price war hurts
Fourth-quarter profit at ₹82.9 cr. lowest since June 2003; telco cites ‘below cost’ pricing and lower international call termination rates as reasons20 hours ago — The Hindu Business -
Wipro Q4FY18 results: Profit falls 20% to Rs 18 bn for the March quarter
Consolidated revenue at Rs 137.68 billion20 hours ago — Business Standard- Wipro Q4FY18 results: Consolidated net profit at Rs 18 bn, down 6.7% QoQ 20 hours ago — Business Standard
- Wipro Q4 profit falls 21% YoY to Rs 1,801 crore 20 hours ago — Economic Times
- UltraTech Cement Q4 profit falls 39% to Rs446 crore 20 hours ago — Live Mint
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German government cuts 2018 growth forecast to 2.3 percent
BERLIN (Reuters) - The German government on Wednesday lowered its forecast for 2018 growth to 2.3 percent from 2.4 percent previously, confirming news reported by Reuters on Tuesday.20.5 hours ago — Reuters -
UltraTech Cement's fourth-quarter profit falls 39 percent
(Corrects percentage rise in third paragraph to 19 percent from 29 percent)20.5 hours ago — Reuters- Corrected: UltraTech Cement's fourth-quarter profit falls 39 percent 20.5 hours ago — Reuters
- UltraTech Cement fourth-quarter profit falls 39 percent 20.5 hours ago — Reuters
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Agri-commodities: Chana, mustard fall on weak demand
20.5 hours ago — Economic TimesChana prices fell by 1.27 per cent to Rs 3,490 per quintal in futures trade today.
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Reliance Nippon AMC Q4 net profit up 35% to Rs 162 crore
20.5 hours ago — Economic TimesRNAM, which made its stock market debut in November last year, is the only listed asset management company (AMC) in India.
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Predatory pricing rule stayed
Bharti, Idea get relief as TDSAT stays TRAI’s norm on tariffs20.5 hours ago — The Hindu Business -
Nifty, Sensex fall, snap two-day winning streak
(Reuters) - Indian shares closed lower on Wednesday, snapping a two-day winning run, dragged down by financials such as ICICI Bank Ltd and HDFC Bank Ltd amid weak global cues.20.5 hours ago — Reuters -
Move fixed deposits only if the rate difference is high. Here's why
With banks signalling a rise in rates, it is good news for the depositor20.5 hours ago — Business Standard- Rising rates: Stay nimble; invest in shorter duration fixed deposits 20.5 hours ago — Business Standard
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Amazon invests in Capital Float
Digital lending firm Capital Float (Zen Lefin Pvt. Ltd.) said on Tuesday that it had raised $22 million in equity funding from online retail giant Am20.5 hours ago — The Hindu Business -
Google introduces new feature for jobseekers
Queries on jobs grew 45% in Q4 last year, says Anandan21 hours ago — The Hindu Business -
IPL-2018: Punjab, Hyderabad look to outwit each other (Preview)
Table-toppers Kings XI Punjab (KXIP) and Sunrisers Hyderabad (SRH) will be aiming to outsmart each other and continue their winning run when they face-off in an Indian Premier League (IPL) tie at the Rajiv Gandhi International Stadium here on ...21 hours ago — Business Standard -
Regulation of e-commerce necessary to protect consumers, spur growth: Prabhu
‘Norms shouldn’t impede industry’s functioning, all stakeholders to be consulted’21 hours ago — The Hindu Business -
Kering, Credit Suisse earnings fail to boost European shares
21 hours ago — Economic TimesThe pan-European STOXX 600 index was down 0.5 per cent.
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ICICI Bank scraps proposal to sell home finance subsidiary
Plans to revive arm; eyes tripling of loan book in 3 years21 hours ago — The Hindu Business -
By the end of FY19, we are opening another 1,300 rooms: Patanjali Keswani, Lemon Tree Hotel
21 hours ago — Economic TimesThe co wants to go asset light and will be evaluating ways to reduce asset ownership.
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Defaulters owe SEBI ₹2,620 crore
PACL alone must pay ₹2,423 cr. while oldest case goes back to 1998, data shows21 hours ago — The Hindu Business -
Triumph Motorcycles to enter tier-II cities
Superbike maker eyes 1,400 unit sales21 hours ago — The Hindu Business -
Wedding buzz lifts gold to Rs 32,450
21 hours ago — Economic TimesSilver also recovered by Rs 200 to Rs 40,700 per kg on increased offtake by industrial units and coin makers.
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Analysis: Shire bid marks Takeda's latest - and biggest - push for global status
TOKYO (Reuters) - Takeda Pharmaceutical Co Ltd's $64 billion bid for London-listed rare disease specialist Shire Plc bolsters its credentials as Japan's most outward facing drugs firm, a mould-breaking image that has been more than a decade in the making.21 hours ago — Reuters -
Value of new business grew 90%, persistency is a clear focus for us: Sandeep Batra, ICICI Pru Life Insurance
21.5 hours ago — Economic TimesThe value of the new business has grown significantly during the year.
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After sorghum spat, U.S.-China trade fears halt soybean imports
SINGAPORE/BEIJING (Reuters) - China's purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week's anti-dumping move on sorghum rattles the agriculture industry.21.5 hours ago — Reuters -
GST rollout was done keeping in mind the size of the Indian economy: Suresh Nandlal Rohira, Grant Thornton
21.5 hours ago — Economic TimesOne of the advantageous factor under GST is removal of all the octroi check post and nakas, says Suresh Nandlal Rohira.
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Toyota's Yaris sedan price starts at Rs 875,000: Details of variants here
Yaris sedan will mark Toyota's entry into in the mid-sized premium car segment in the Indian automobile market and will also offer some first-in-segment features21.5 hours ago — Business Standard -
Shire willing to back $64 billion Takeda bid, market signals doubts
LONDON/NEW YORK/TOKYO (Reuters) - Rare disease specialist Shire said on Wednesday it was willing to recommend a sweetened $64 billion offer from Japan's Takeda Pharmaceutical Co to shareholders, in what would be the biggest acquisition of a drug company this year.21.5 hours ago — Reuters -
Key to biz success in India: Bridging gap between opportunity & challenges
With rising incomes, immense growth opportunities will emerge in the coming decades across telecom, aviation and other such infrastructure sectors21.5 hours ago — Business Standard -
Infratel-Indus Towers deal a win-win for all: Sanjiv Bhasin, India Infoline
21.5 hours ago — Economic Times“In one year, these stocks could give you returns in excess of 25% as prices stabilise.”
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Xiaomi's unusual prep for a $100 billion IPO: Limiting profits
21.5 hours ago — Economic TimesXiaomi could be the biggest IPO since Alibaba Group Holding $25 billion debut in 2014.
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OnePlus 6 launch in India confirmed for May 17: Everything you need to know
The mid-range smartphone would first be unveiled in London on May 16, after which it would be launched in India and China on May 17, confirmed OnePlus CEO and co-founder Pete Lau in a tweet21.5 hours ago — Business Standard -
H-1B approvals for Indian IT companies drop by 43% between 2015-17: report
The drop in H-1B visas for Indian-based companies is due to industry trends toward digital services, the NFAP said22 hours ago — The Hindu Business -
Sebi begins penal proceedings in 2007 Reliance Petro case; firm challenges move
22 hours ago — Economic TimesRIL's appeal is likely to come up for hearing as early as this week, sources said.
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Preview: BOJ to keep policy unchanged but new deputy could amplify board differences
TOKYO (Reuters) - Japan's central bank is not expected to change settings at its policy review this week, but the debut of a dovish new deputy could widen a rift between advocates of continued stimulus and those wary of the rising costs of prolonged easing.22 hours ago — Reuters -
IPL 2018, RCB vs CSK: Expect some bling as Chennai, Bangalore renew rivalry
M S Dhoni's CSK lead Virat Kohli's RCB 13-7 in overall head-to-head records; at M Chinnaswamy Stadium, they have won 3 games each of the 7 played so far. Catch CSK vs RCB match live updates here22 hours ago — Business Standard -
No love for rupee as analysts rush to cut forecasts
22.5 hours ago — Economic TimesIndian rupee is no longer in the sweet spot as it was in last year.
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Indus Towers, Bharti Infratel merging to become world No.2 for masts
BENGALURU/MUMBAI (Reuters) - Indus Towers and Bharti Infratel Ltd agreed to combine operations in a deal that will create the world's second-largest mobile masts company measured by numbers of towers.22.5 hours ago — Reuters -
Even as TCS enters elite $100 billion m-cap club, analysts say buy Infosys
Of the 44 analysts covering both companies, 38 have a buy or equivalent rating on Infosys, India's original poster child for software development23 hours ago — Business Standard- Even as TCS enters elite $100 billion m-cap club; analysts say buy Infosys 23 hours ago — Business Standard
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Axis Bank Q4 result on Thursday: Brokerages expect 88% fall in profit
23 hours ago — Economic TimesThe bank is likely to put up a dismal show, said analysts.
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Hostile takeover? Daimler CEO says no fears about Chinese magnate Li Shufu
BEIJING (Reuters) - German car maker Daimler AG's boss said on Wednesday there was no indication the firm's largest shareholder, Chinese auto magnate Li Shufu, was planning a hostile takeover after he took a $9 billion stake in the firm earlier this year.23 hours ago — Reuters -
Will evaluate strategic stake sale post completion of tower co merger: Airtel
The combined company, which will fully own the respective businesses of Bharti Infratel and Indus Towers, will change its name to Indus Towers.23.5 hours ago — The Hindu Business -
VITEEE 2018 result to be announced today; you can check score on vit.ac.in
Students who had provided valid phone numbers during the registration will receive the VITEEE scores through SMS and email. Know how and where to find details of the VITEEE results23.5 hours ago — Business Standard -
Banks help push Australian shares to over 1-month high; NZ falls
23.5 hours ago — Economic TimesThe S&P/ASX 200 index ended up 0.6 per cent or 35.6 points at 5,921.60.
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Nikkei falls, Takeda dives on Shire bid; construction machinery makers underperform
23.5 hours ago — Economic TimesThe Nikkei ended 0.3 per cent lower to 22,215.32.
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Russia says expects to sign deal with India on S-400 missiles sale: Ifax
MOSCOW (Reuters) - Russia said on Wednesday that it expected to sign a deal with India this year on the sale of S-400 surface-to-air missiles, the Interfax news agency reported.23.5 hours ago — Reuters -
Scope for India, Sweden cooperation in green technology: Nila Vikhe Patil
“I see a great potential for this collaboration,” says the political adviser in the Swedish Prime Minister's Office.23.5 hours ago — The Hindu Business -
World Bank predicts oil price to be up at $ 65 a barrel in 2018
Sees increase in metal prices too.23.5 hours ago — The Hindu Business -
Kotak’s Sanjeev Prasad on where to look for a dark horse in this market
23.5 hours ago — Economic Times“The macro backdrop to this market is looking extremely weak.”
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Religare jumps 5% after Burmans of Dabur pick stake
23.5 hours ago — Economic TimesThe Burmans altogether hold 28.7 million shares in Religare.
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