The Economic Times
Stock Analysis, IPO, Mutual Funds, Bonds & More

'Super 30' crosses Rs 50 cr-mark during weekend; film performs far better than Hrithik Roshan's 'Kaabil'

The Vikas Bahl-directorial recorded the best Sunday performance at the box office.

InterGlobe Aviation shares fall nearly 5%

With promoter spat intensifying, Sebi & corporate affairs ministry dig deep into allegations.

Good news for farmers: Monsoon rallies to cut deficit to 12%

Revival of the monsoon gives a much-needed shot in the arm to agriculture as farmers had slowed down planting of crops because of relatively dry conditions.

India, Russia seek to skirt US sanctions threat to arms deals

India and Russia would pay through their currencies for the arms deal to avoid risks created by the US.

DHFL slips 32% on Q4 losses, doubts over survival

DHFL posted biggest ever quarterly loss of Rs 2,224 crore for the fourth quarter ended March 31.

Stocks in the news: SBI, KPR Mill, Infosys, Cox & Kings, DHFL, RCom and IndusInd Bank

KPR Mill withdrew its Rs 263.31-crore proposed buyback plan on Thursday.

Stocks in the news: DHFL, IndiGo, Aurobindo Pharma, Religare and GTPL Hathway

NCLT dismissed a petition by HDFC to initiate insolvency proceedings against RHC Holding.

Stocks in the news: TCS, IndiGo, RCom, ​Manpasand and Indiabulls Housing

Vatika Group has repaid debt worth Rs 500 crore to HDFC and IB Housing Finance.

Stocks in the news: TCS, Bajaj Finance, Titan, Hero MotoCorp and Mindtree

CAG has asked NMDC to factor in market trends while fixing production targets.

Stocks in the news: PNB, Maruti Suzuki, Mindtree, Axis Bank and Lemon Tree

Insurance watchdog has asked Axis Bank to rework its Max Life Insurance proposal.

View: Newsprint duty will hurt our democracy

The government’s hike in customs duty is going to burden all newspapers with higher input cost.

Stocks in the news: IndiaMART, ZEEL, Wockhardt, Uniply Ind and Aurobindo Pharma

USFDA has pulled up Aurobindo Pharma for 'repeated' violations in CGMP.

Golden girl Dutee Chand gets a B-Town salute; Big B, Akshay Kumar laud the fastest woman of India

The 23-year-old sprinter clinched a gold medal at the ongoing World University Games.

RBI's reports never mentioned possible IL&FS crisis: Arvind Subramanian

The IL&FS crisis had contagious effect on the NBFC sector as liquidity started drying up for them.

Stocks in the news: Eveready, Maruti, YES Bank, Adani Power, DHFL and Jet Airways

DHFL has sold one of its crucial commercial properties DHFL House in the Andheri suburb of Mumbai.

I resigned 10 days ago: Jyotiraditya Scindia

Jyotiraditya Scindia's resignation comes hours after Mumbai Congress president Milind Deora quit his post.

Apple takes a step back, temporarily halts plans to develop AR glasses & VR headsets

News came in after Microsoft HoloLens co-creator Avi Bar-Zeev left Apple's AR headset development team in January.

Stocks in the news: Eveready, DHFL, Reliance Home Finance and Jet Airways

Price Waterhouse & Co had quit as Eveready Industries' auditor.

The week that was: Religare’s sharp upmove; losing streak for Manpasand, Cox & Kings

Here’s a look at stocks which were in limelight althrough the week.

Stocks in the news: Reliance Home, Bharat Fin, Tata Comm, Graphite India and Shoppers Stop

BHEL said D Bandyopadhyay will take additional charge of CMD.

ZEE Media MD Ashok Venkatramani resigns

Venkatramani, an almunus of IIM Ahmedabad and Harvard Business School, has over three decades of experience in sales and marketing.

Stocks in the news: YES Bank, ICRA, Cox & Kings, DHFL, Sadbhav Infra, RCom and JSPL

JSW Energy announced the termination of a Rs 6,500-crore deal with JSPL.

The chase gets a lot easier for tech-wielding cops now

From algorithm-based apps that can identify gangs, to ones that gather information from breaking news, the police are going increasingly high-tech.

Green Tribunal asks Punjab, Haryana, UP about steps to tackle crop burning

The NGT has asked the states ways to tackle crop burning as it is a major contributor to air pollution in Delhi.

Cannot 'prejudge' ICJ's decision in Kulbhushan Jadhav's case : Pak FO

Jadhav, 48, a retired Indian Navy officer, was sentenced to death by a Pakistani military court on charges of "espionage and terrorism" after a closed trial in April 2017. His sentencing evoked a sharp reaction in India.

Stocks in the news: SBI, Mindtree, Emami, Godrej Properties and Bharti Airtel

SBI board will consider raising additional tier-1 capital on July 1.

Tourists up at Taj Mahal and Red Fort but Qutub Minar loses its No.2 Spot

Red Fort has now overtaken the Qutub Minar at the second-most visited monument in the country in 2018-19 behind only the Taj Mahal.

Stocks in the news: SBI Life, Emami, Axis Bank, Piramal Enterprises and Mindtree

IIFL has downgraded Dr Reddy's to add from buy with a target price of Rs 2,700.

Carlyle set to invest $45 mn in DailyHunt

If successful the transaction could value the 12-year-old company at about $650 million, pre-money, according to multiple sources aware of the development.

LG unveils AI-enabled ThinQ TVs with in-built Alexa, Google Assistant, Apple AirPlay 2 support

The TV sizes start from 32-inch to 77-inch are priced between Rs 24,990 and Rs 10,99,990.

Stocks in the news: Cox & Kings, Sadbhav Infra, Lupin, Tata Steel & Sun Pharma

NMDC has terminated a Rs 1,400-cr contract with BHEL for building the raw material handling system.

Reliance Infrastructure signs ICA with 16 lenders; stock rallies

According to the RBI Circular, the Resolution Plan of Rel Infra is to be implemented within 180 days.

Stocks in the news: DHFL, IFCI, ICICI Lombard, SBI Life, NTPC and Bharti Airtel

Larsen and Toubro (L&T) has increased its stake to 51% in IT services firm Mindtree.

Stocks in the news: Suzlon Energy, Jain Irrigation, DLF, SBI, IndusInd Bank and Jet Airways

Insolvency proceedings have been initiated against debt-ridden Jet Airways.

Commodity outlook: How oil, gold, base metals and agri commodities may fare today

Crude oil may move towards Rs 4,070, taking support near Rs 4,000.

Stocks in the news: Jet Airways, Tata Motors, JB Chemicals, Sundaram Finance and Maruti Suzuki

Nomura has maintained 'buy' rating on Fortis Healthcare and cut target price to Rs 159.

Press Club of India 'anguished' by Kangana Ranaut's behaviour, supports entertainment body's decision to ban actress

The Mumbai Press Club had also condemned Ranaut's behaviour.

Nearly 4,000 companies set to gain from corporate tax reduction

The corporate sector has been seeking an overall lowering of the rate in line with the government’s promise to bring it down to Asean levels of 20-24%.

Coming soon: Nokia 9 PureView with a five camera module will make its India debut

The device was first launched at the Mobile World Congress 2019 in February.

Stocks in the news: Sun Pharma, HDFC, Jet Airways, Apollo Hospitals and Adani Power

Deutsche Bank has maintained a 'buy' rating on ICICI Prudential Life Insurance Company.

Stocks in the news: Dilip Buildcon, SpiceJet, PNB, Canara Bank, BSE and Mahindra and Mahindra

Here are a few stocks which may buzz the most in Wednesday's trade.

PM Modi becomes India's top health influencer, Akshay Kumar follows; Dhoni makes debut

The wearable devices maker, GOQii, complied a list of the country's top 30 health influencers.

Delhi: Shots fired at journalists on Barapullah flyover

Based on the statement given by the victims, Delhi police have filed an FIR under Sections of IPC 393 (attempt to commit robbery) and Arms Act.

Stocks in the news: RCom, ICICI Bank, HDFC AMC, Jaiprakash Associates and Jet Airways

Here are a few stocks which may buzz the most in Tuesday's trade.

PharmEasy is closing in on $120 million in equity round

The transaction, which is expected to close by the end of the month, will value the five-yearold company at $500-600 million, according to multiple sources aware of the development.

Stocks in the news: Reliance Infra, Airtel, Jet Airways, Jaypee Infratech and ICICI Bank

Here are a few stocks which may buzz the most in Monday's trade.

Call it a house for Mr. Ordinary Indian

The central government has obligingly decided to soundproof a bungalow in ‘Lutyens’ Delhi’.

Malad wall collapse claims 18 lives: Urmila Matondkar, Ashoke Pandit pray for kin of deceased

Fadnavis announced a compensation of Rs 5 lakh to the families of the people who crushed to death.

PM Modi asks partymen to ‘behave’, says some legislators ‘hurting’ BJP image

Modi asked BJP MPs to spend more time in Parliament and engage in the proceedings.

Budget 2019: The section for whom salary hikes are now meaningless

In the new system, if one's income increases by Re 1 from Rs 2 cr or Rs 5 cr, his tax liability will go up.

Meet a new generation of rising stars of the Indian diaspora making a mark in diverse fields around the world

Together, they are the single biggest remittance group — sending $80 billion home in 2018 alone.

Stocks in the news: DHFL, Indiabulls Real Estate, Wipro, Cyient and Schneider Electric

US-based investment firm Blackstone may acquire Indiabulls Real Estate's promoters' stake.

Stocks in the news: HDFC, Wockhardt, Gruh Finance, RCap, Jet Airways, and Aurobindo Pharma

CLSA has maintained buy rating on Bharti Airtel with a target price of Rs 425.

Stocks in the news: DHFL, Aurobindo Pharma, Eros, Cimmco and RattanIndia Power

Titagarh Wagons will be divesting 4.49 per cent stake in its subsidiary Cimmco in the open market.

Pak will engage with India on 'basis of equality'; ball in New Delhi's court, says Pak FM Qureshi

Pak FM accused the Indian government of being in the "election mindset" to keep their "vote bank intact".

Stocks in the news: Reliance Capital, Sintex, YES Bank, Eros, Jet and Reliance Nippon

Kotak Securities has maintained add rating on KNR Constructions with a target price of Rs 312.

India’s worsening drought is forcing doctors to buy water for surgery

Failed rains last year and delays in this year’s annual monsoon have left nearly half of India facing drought-like conditions.

Monsoon may take longer to reach Delhi, normal rainfall likely: IMD

On Wednesday, the weather office said that the monsoon was likely to get delayed further and hit the Kerala coast only on June 8.

Stocks in the news: YES Bank, Eros International, RIL, Tata Steel, DHFL and Religare Enterprises

Brookfield AM and RIL are expected to sign a term sheet for the proposed sale of Jio’s telecom towers.

6 key factors behind the biggest Sensex crash in 3 years

Today's fall was the biggest since April 2016 in percentage terms.

Dailyhunt acquires LocalPlay for undisclosed sum

Bengaluru-based Dailyhunt said the acquisition underscores its aggressive strategy of attracting new users, residing in the tier I, III and IV Indian cities and towns.

UC is transforming from a browser tool to a content platform: H Yang, VP, UCWeb Global Business

Yang discusses the competitive environment in India, UCWeb’s localization efforts, expansion plans and more.

Anand Mahindra wants to reimburse 87-yr-old Team India fan's tickets; Amul shows 'grandma' love

A boardroom boss, a butter brand - are all charmed by Charulata Patel.

Delhi HC allows admission to UG courses in DU based on last year's eligibility criteria

A bench of Justices Anu Malhotra and Talwant Singh extended the deadline from June 14 to June 22 for students to apply for the undergraduate courses in DU.

Stocks in the news: DHFL, Indiabulls Housing, Sterlite Tech, Eros, J&K Bank and Hotel Leelaventure

Promoters of Sterlite Technologies have announced that they have removed their entire pledge on STL's shares.

Delhi HC seeks Centre, DU's stand on plea challenging varsity's new admission norms

The court said there is arbitrariness in how criteria were amended just a day before opening of registration for admission.

Stocks in the news: Eros, J&K Bank, Reliance Power, Jet Airways, BoB and Den Networks

M&M said it will shut production across plants for up to 13 days in the ongoing quarter.

Lesson learnt from Rs 200-cr Auli wedding: Chamoli finds unique way to fight plastic waste

The project will finally help the city find a smarter way to segregate and convert garbage.

'Bahikhaata' Budget angers middle class on social media

Finance Minister Nirmala Sitharaman announced that the government aims to increase the present $2.7 trillion economy to $5 trillion by 2025.

Stocks in the news: Lupin, ONGC, IDBI Bank, Coal India and Bharti Airtel

UBS has maintained buy rating on Motherson Sumi and lowered target price to ₹160.

Trinamool MLAs, councillors reach Delhi to join BJP

The Congress seat count was halved to two from four while the CPI-M failed to open its account. The Marxists had triumphed in two seats in 2014.

Stocks in the news: DHFL, Sun Pharma, Airtel, Hudco and Aurobindo Pharma

Kotak Institutional Equities has downgraded Zee Entertainment Enterprises to reduce from add.

Stocks in the news: DHFL, ONGC, RCom, Infibeam, PNB and Coal India

CLSA has maintained buy rating on Prestige Estates Projects and raised target price to ₹345.

Delhi court takes cognisance of defamation complaint by BJP leader against Arvind Kejriwal, Manish Sisodia

dditional Chief Metropolitan Magistrate Samar Vishal posted the matter for June 24 when Gupta's statement will be recorded.

Rupee and bonds steady ahead of Budget

The local unit rose a marginal five paise to close at 68.89 a dollar.

D-Street cheers outcome of Trump-Xi talks, expects it to give market a leg-up

Both China and the US were expected to issue formal official statements later in the day.

Budget 2019: Reforms, revival expected to infuse fresh energy into power industry

Power minister RK Singh says a revival scheme for gas-based power plants and a tariff policy are in final stages of being drafted.

After 9 months in NY, Rishi Kapoor back on the silver screen with 'Jhootha Kahin Ka'

The film, directed by Smeep Kang, will hit the theatres on July 19.

Stocks in the news: GE Power, LTTS, ICICI Bank, Wipro, Axis Bank and Dr Reddy's Labs

HSBC maintained a 'buy' rating on Finolex Industries and revised target price to ₹680.

Sensex, Nifty tumble as Union Budget leaves investors unimpressed

BSE Sensex closed 394.67 points or 0.99% lower while NSE Nifty ended at 11,938, down 145.35 points.

Stocks in the news: Maruti Suzuki, Dilip Buildcon, YES Bank, Hero Moto, Coal India and Bharti Infratel

Coal India produced 46.59 million tonnes of coal in May, registering a decline of 1.1%.

Sterling Biotech bank fraud case: Dino Morea and DJ Aqeel fail to appear before ED

The duo's statements were to be recorded under the Prevention of Money Laundering Act.

Neta-NewsX predicts 242 seats for NDA, 164 for UPA

Neta-NewsX exit poll shows that the Bharatiya Janata Party (BJP) is expected to win 202 seats (30 per cent decline over 2014), while the Congress is likely to manage 107 seats

View: Surprise, strategy and ‘Vijay’: 20 years of Kargil and beyond

It was clear that Pakistan’s motive was to internationalise the issue and garner Western power’s support.

Alarming lessons from Facebook's push to stop fake news in India

Facebook, Twitter Inc. and Google parent Alphabet Inc. are discovering the harsh reality that disinformation and hate speech are even more challenging in emerging markets than in places like the U.S. or Europe.

Akshay Kumar-starrer 'Kesari' to release in Japan on August 16

The film is based on the 1897 Battle of Saragarhi, where an army of 21 Sikhs fought against 10,000 Afghans.

Congress, Gandhis face bigger functional trials

Names of senior Dalit leaders along with those of Ashok Gehlot and even Manmohan Singh, are doing the rounds as probable successor.

Stocks in the news: Hindalco, TGBL, IndiGo, Bajaj Finance and Tata Chemicals

Credit Suisse has initiated coverage on PI Industries with an outperform rating.

Delhi BJP asks police chief to review security cover of Arvind Kejriwal

The Delhi CM had also told a news channel in Punjab that the BJP was after his life and they would "murder" him one day.

Stocks in the news: Sun Pharma, JB Chemicals, SpiceJet, PNB, YES Bank and Manpasand Beverages

Edelweiss has maintained buy rating on IGL with a target price of Rs 365.

Stocks in the news: Lupin, Jet Airways, Nestle India, DHFL and JSW Steel

Jefferies has maintained underperform rating on Vodafone Idea.

Stocks in the news: NBFCs, Adani Group scrips, Manpasand Beverages, ZEEL, IndiGo and BHEL

CLSA has retained sell rating on Ashok Leyland with a target price of Rs 65.

Study to decode how WhatsApp fake news is influencing Indian voters

Various reports have suggested that fake news is used to create false perceptions about political candidates.

Fake news deluge: Around 300 mn smartphone users were vulnerable to bogus forwards during Lok Sabha polls

Over 300 mn first-time smartphone users are low on literacy, digital literacy & gullible.

Post Rahul Gandhi, Congress may splinter but something new needed

She protected the pen and her progeny from running the risk of being upstaged.

Realme 3 Pro gets software update that will support slow-motion video recording

The company is adding swipe gestures from both sides as part of this revamped navigation mode.

Stocks in the news: Grasim, JSW Steel, Ashok Leyland, Sun TV and Page Industries

Larsen and Toubro on Thursday acquired over 4.5 lakh shares of Mindtree from open market.

Sensex down 395 points: Why the stock market did not like the Budget

Nifty traded 103 points lower 11,843 at 2.30 pm.

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service