Management continues to focus on liquidating Rs 12,300-crore inventory and scaling up the rental portfolio (DCCDL). We maintain earnings estimates for the erstwhile merged entity (despite demerger of DCCDL) awaiting greater clarity on adjustments/reconciliation between DLF and DCCDL numbers (post-demerger).

Overseas subsidiary performance is expected to turn around which coupled with gradual improvement in domestic margins will enable improvement in the overall margins.

VEDL’s H2FY19 operating numbers were mixed. Key highlights, O&G production fell 2% due to natural decline at Mangla field, though gas volumes were better; production at Zn-India was lower due to geo-technical problems at RA mine and FY19 silver volumes missed 650-700t guidance.

The initial price guidance stood at 210 bps over the US Treasury. The bank indicated that with 3.5 times over-subscription, the final price tightened by 25 bps.

India’s cotton production is expected drop by over 5% in cotton season 2019 (the CS is usually from October 1, 2018, to September 30, 2019) due to low water availability and inadequate south-west monsoon in key cotton producing states and higher incidences of pest attacks.

With India exporting roughly one-third of its cotton yarn production every year, trends in export demand play a crucial role in determining the overall performance of the domestic spinning sector. 

Banana accounts for as much as 60-65% of the green exports from Kerala and the rest are vegetables. Of the banana varieties, nenthran plantain leads the food preferences of Kerala’s 20 lakh diaspora families fanning out in the GCC countries.

We note the stock price correction of 30% over the past four months offers an attractive entry price and we retain our 'Buy' rating with a DCF-based target price of Rs 400.

Risk has a known probability distribution. For uncertainty, the probability distribution is unknown. Covid-19 makes us confront uncertainty, not risk

Can’t blame Corona for crisis, investment choice was poor

With crude price low, the govt should think of moving completely to DBT for food, fertiliser and power.

The welterweight battle between Vicente Luque and Niko Price was marked out by many as a potential Fight of the Night candidate at UFC 249 and it didn't disappoint, though it left one of the combatants with a horrific-looking eye.
Read Full Article at RT.com

US courts have been heavily relying on a 50-year-old legal loophole to shield cops from misconduct allegations, an investigation by Reuters claims. It allows officers to get off the hook even when their conduct is deemed unlawful.
Read Full Article at RT.com

With Sales Accelerator, Del Monte can 'tweak the levers' during a campaign to boost reach and revenu

Kerala will go into complete lockdown on Sunday, the state government said on Saturday. Nothing will be allowed to open except essential services, it said. "With a view to prevent the spread of...

With the latest cut in prices, a 14.2 kg non-subsidised LPG cylinder would cost Rs 581.50, instead of Rs 744 with effect from today.

The central government too had raised excise duty on petrol and diesel by Rs 3 per litre each in March to raise an additional Rs 39,000 crore annually. This hike negated the benefit arising from international oil prices slumping to two-decade lows.

Petrol, Diesel Price Today:  Prime Minister Narendra Modi’s government late Tuesday evening increased excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre.

India's service sector recorded largest contraction in business activity and new orders in April.

Effective 16th April, 2014, the Immigration Department of Hong Kong has announced that e-channels provided with voice navigation function would be working at the Macau Ferry Terminal (MFT) point of control, intended to assist visually impaired persons…

Hong Kong and Federal Republic of Germany have signed a Memorandum of Understanding (MOU) concerned with the automated clearance service usage on a shared basis. The MOU is considered as a new milestone in the collaboration between the countries in immigration…

Hong Kong and Germany will execute the service of automated clearance mutually.Effective 01 September 2014, people with HKSAR (Hong Kong Special Administrative Region) electronic passport will be authorized to get register for the automated service of…

The Chennai bench of the National Company Law Tribunal (NCLT) has ordered initiation of the corporate insolvency resolution process (CIRP) against power management products, systems and services company Eason Reyrolle.

1 Ugandan Shilling = 0.0385 Icelandic Krona

Zoetis recently announced the expansion of its K-9 Courage™ Program to support two American Humane initiatives benefiting military dogs and service dogs that assist veterans: the Wags4Patriots program that helps provide service dogs for veterans who suffer from Post-Traumatic Stress (PTS), and the Emergency Veterinary Grants for Military Dogs program that awards financial grants to provide emergency treatment to retired military dogs in need.

1 Salvadoran Colon = 16.71 Icelandic Krona

1 Romanian Leu = 32.8378 Icelandic Krona

1 Ukrainian Hryvnia = 5.4489 Icelandic Krona

1 Tanzanian Shilling = 0.0632 Icelandic Krona

1 Venezuelan Bolivar Fuerte = 14.6423 Icelandic Krona

1 Yemeni Rial = 0.5841 Icelandic Krona

1 Paraguayan Guarani = 0.0224 Icelandic Krona

1 Hong Kong Dollar = 18.8285 Icelandic Krona

1 Kuwaiti Dinar = 472.7316 Icelandic Krona

1 Saudi Riyal = 38.9323 Icelandic Krona

1 Tunisian Dinar = 50.2112 Icelandic Krona

1 South African Rand = 7.9691 Icelandic Krona

1 Norwegian Krone = 14.3134 Icelandic Krona

1 Argentine Peso = 2.2 Icelandic Krona

1 Moroccan Dirham = 14.8844 Icelandic Krona

1 US Dollar = 146.24 Icelandic Krona

1 Icelandic Krona = 8.1373 Iraqi Dinar

1 Icelandic Krona = 35.4862 Zambian Kwacha

1 Icelandic Krona = 0.1255 South African Rand

1 Icelandic Krona = 1.7121 Yemeni Rial

1 Icelandic Krona = 4.137 CFA Franc BCEAO

1 Icelandic Krona = 160.0144 Vietnamese Dong

1 Icelandic Krona = 0.0683 Venezuelan Bolivar Fuerte

1 Icelandic Krona = 69.1261 Uzbekistan Som

1 Icelandic Krona = 0.295 Uruguayan Peso