l Mobile gaming to jump four-fold by 2019: KPMG By www.financialexpress.com Published On :: 2015-03-26T12:50:00+05:30 With the rising smartphone and tablet penetration, the mobile gaming industry is expected to touch Rs 2,620 crore by 2019, with a year-on-year growth of 20 per cent... Full Article Industry Technology FICCI KPMG
l BSE Sensex falls 214 pts to near 4 month low; NSE Nifty below 8,200 By www.financialexpress.com Published On :: 2015-04-30T17:31:10+05:30 BSE Sensex slipped by 214 points to end at 27,011.31, while NSE Nifty ended below the 8,200-mark. Full Article Markets BSE Sensex NSE Nifty stock market
l Sensex tanks 722 pts to close at 26,717; Salman Khan conviction, GST fears, others blamed By www.financialexpress.com Published On :: 2015-05-06T18:19:58+05:30 BSE Sensex tanked 723 pts, its second biggest single day fall since Narendra Modi govt took over; Salman Khan, GST, others field the blame. Full Article Markets BSE Sensex NSE Nifty
l WCD, ebay partner for online platform for women entrepreneurs By www.financialexpress.com Published On :: 2016-01-14T01:49:00+05:30 Women entrepreneurs will soon be able to market their products globally using an accessible online platform to be created by the Women and Child Development Ministry in collaboration with ebay. Full Article Industry eBay
l Jefferies puts ‘Hold’ rating on Strides Arcolab with Rs 1300 target price By www.financialexpress.com Published On :: 2017-03-23T04:33:00+05:30 Under the scheme, Strides shareholders will get 1 share of SSL for every 6 shares of Strides while Sequent shareholders will get 1 share of SSL for 25 shares of Sequent. Full Article Markets
l After Adityanath, deputy CM Dinesh Sharma does a Kejriwal, pays surprise visit college in Lucknow By www.financialexpress.com Published On :: 2017-03-25T17:28:42+05:30 "Students say that they believe in giving exams without cheating" Sharma said. Full Article India
l Relief for celebrities, guidelines to check veracity of ad claims now possible; Srinivasan Swamy, Chairman, ASCI explains how By www.financialexpress.com Published On :: 2017-04-19T06:17:57+05:30 Advertising Standards Council of India (ASCI) recently announced a set of guidelines that will help celebrities to perform due diligence on a product or brand they wish to endorse. Full Article Industry
l How messaging app Reliance JioChat makes a mark; check out the top 6 features By www.financialexpress.com Published On :: 2017-04-20T03:14:00+05:30 A key feature is the peer-to-peer money transfer facility within the app. Full Article Industry
l EGov: Panasonic eyes projects under Smart Cities mission in Guwahati, Jabalpur By www.financialexpress.com Published On :: 2017-04-20T04:01:00+05:30 The Japanese electronics firm has bagged city surveillance projects in Bhopal and Ludhiana. It is now eyeing projects under Smart Cities mission in Guwahati and Jabalpur. Full Article Industry
l If Digital India is successful, rural Indians may well beat their urban counterparts online By www.financialexpress.com Published On :: 2017-04-20T04:10:00+05:30 If Digital India delivers on its promise, rural Indians are likely to outnumber urban Indians online. Full Article India
l IndusInd Bank MD & CEO Romesh Sobti: We don’t rule out acquisitions By www.financialexpress.com Published On :: 2017-04-20T05:23:00+05:30 Refusing to clear the air on the buzz around the bank acquiring a microfinance lender, Sobti said the bank’s microfinance portfolio will grow to Rs 10,000 crore from Rs 3,000 crore over the next three years. Full Article Banking & Finance Industry
l Amazon India’s Amit Agarwal: Have seen reduction in cash-on-delivery after demonetisation By www.financialexpress.com Published On :: 2017-04-20T06:33:00+05:30 We don't really drive our strategy based on what's happening around. Our approach is to give maximum return on investments to our sellers Full Article Industry
l Samsung launches Galaxy S8 at Rs 57,900 By www.financialexpress.com Published On :: 2017-04-20T07:30:00+05:30 The latest launch by Samsung will compete with Apple's iPhone as well as products from Sony, LG and Asus. Full Article Industry Technology
l Asset allocation: Looking to book profits in equity now? Here’s why you should shift to short term bond funds By www.financialexpress.com Published On :: 2017-04-28T03:30:00+05:30 It has been proven that portfolio allocation leads to long-term optimum results on investments. Awareness among investors is gradually increasing on the imperative of allocation. Full Article Markets
l Expect terminal growth of 6% for PNB Housing Fin By www.financialexpress.com Published On :: 2017-05-16T06:17:00+05:30 The Q4FY17 PAT was Rs 150 crore (47% y-o-y), 9% below our estimate. PPOP was 2% below estimate driven by lower NII, offset partially by lower costs. Full Article Money
l Maintain ‘buy’ on Aditya Birla Fashion; TP of Rs 200 By www.financialexpress.com Published On :: 2017-05-16T06:24:00+05:30 Aditya Birla Fashion and Retail’s (ABFRL) 12.5% y-o-y revenue growth came in line with estimate, while Ebitda spurt of 30.7% and PAT at Rs 21.8 crore surpassed estimates. Full Article Industry
l Marathon Nextgen Realty to buy back Rs 149-cr shares By www.financialexpress.com Published On :: 2017-05-16T06:31:09+05:30 The offer at `275 per share is 17.6% less than its closing price of `334 on Monday. Full Article Markets
l Reliance Jio impact: Idea Cellular reports poor March quarter, market-cap plunges Rs 2,326 cr By www.financialexpress.com Published On :: 2017-05-16T06:41:40+05:30 Shares of Idea Cellular plunged 6.99 % on Monday closing the session at Rs 85.85 a share on the Bombay Stock Exchange (BSE) after the company on Saturday reported a poor set of numbers for the March quarter. Full Article Industry
l As promoters fail to infuse capital, recast loans of Rs 50,000 cr fail at CDR cell in FY12 By www.financialexpress.com Published On :: 2017-05-16T06:48:00+05:30 Aggregate recast loans worth around Rs 50,000 crore (Rs 49,332 crore) failed at the corporate debt restructuring (CDR) cell in FY17, taking total failures since the inception of the cell in 2001 to Rs 1.37 lakh crore. Full Article Banking & Finance Industry
l Ransomware: Banks better prepared to deal with Wannacry-like threats, says SBI Dy MD & CIO Mrutyunjay Mahapatra By www.financialexpress.com Published On :: 2017-05-16T06:56:00+05:30 Interview: Mrutyunjay Mahapatra, deputy MD and chief information officer, State Bank of India. Full Article Banking & Finance Industry
l Government to oppose RBI’s new cash tool plan By www.financialexpress.com Published On :: 2017-05-16T07:01:00+05:30 The Reserve Bank of India's proposal to introduce a new liquidity tool to help manage a banking system flooded with surplus cash is facing opposition from the government. Full Article Economy
l CDSL IPO subscribed 2.09 times on Day 1 By www.financialexpress.com Published On :: 2017-06-20T04:00:00+05:30 The initial public offering of Central Depository Services (CDSL) was subscribed by 2.09 times on Monday, the first day of its offering with investors bidding for 5.19 crore shares against 2.48 crore shares reserved. Full Article Economy
l Eris Lifesciences IPO subscribed 0.75 times By www.financialexpress.com Published On :: 2017-06-20T04:04:00+05:30 The initial public offering (IPO) of Eris Lifesciences was subscribed 0.75 times on Monday with investors bidding for 1.20 crore shares of the 1.59 crore shares on offer. The qualified institutional buyers bid 70.23 lakh shares against the 86.17 lakh shares reserved for them. Full Article Economy
l Manpasand Beverages stock gets ‘Reduce’ rating from Kotak, TP at Rs 700 after reporting healthy quarter By www.financialexpress.com Published On :: 2017-06-20T04:52:00+05:30 Manpasand reported a healthy quarter overall albeit EBITDA/PAT were below our estimates. Overall, FY2017 was broadly in line with company guidance at start of the year and both Mango Sip and Fruits Up posted robust growth. Full Article Industry
l SBI may issue perpetual bonds to raise around Rs 2,500 crore By www.financialexpress.com Published On :: 2017-07-18T03:53:00+05:30 State Bank of India (SBI), may approach the debt market to issue additional tier-1 bonds or perpetual bonds, according to sources in the bond market. Full Article Economy
l SBI faces NCLT flak over Monnet Ispat insolvency petition By www.financialexpress.com Published On :: 2017-07-18T03:58:00+05:30 The bench said SBI’s petition had not been drafted properly and suggested a “lack of seriousness” on the part of the petitioner. Full Article Economy
l ACC stock gets rated ‘Buy’ by Edelweiss, says target price revised to Rs 1914 By www.financialexpress.com Published On :: 2017-07-19T03:01:00+05:30 Investors in ACC have reason to cheer as volume posted double digit growth in Q2CY17, up 10% y-o-y, after a gap of >5 years and is set for ~10% jump in CY17, on low base of ~9% dip in H2CY16. Full Article Economy
l Stressed asset purchases likely to pick up in next few months, say senior Kotak Mahindra Bank officials By www.financialexpress.com Published On :: 2017-07-21T03:47:00+05:30 Kotak Mahindra Bank on Thursday reported a surge in its first quarter net profit while maintaining the asset quality. Full Article Industry
l For Bharat Financial, what is key to growth? BofA Merrill Lynch explains key points By www.financialexpress.com Published On :: 2017-08-31T03:07:00+05:30 Bharat Road Network, a road and highways BOT company, has priced its initial public offering (IPO), aimed at raising Rs 600 crore, in a price band of Rs 195-205. Full Article Industry
l How farm loan waivers can hit corporate borrowing, RBI explains the math By www.financialexpress.com Published On :: 2017-08-31T03:17:23+05:30 Farm loan waivers by state governments have potential to crowd out corporate borrowing if financed through state debt issuance, the Reserve Bank of India (RBI) said in its annual report. Full Article Markets
l As customers demands turn challenging, here is how Maruti Suzuki is looking to stay ahead By www.financialexpress.com Published On :: 2017-08-31T04:41:00+05:30 The new dealerships will be known as ARENA and will be well equipped digitally to cater to the demand of the tech savvy customers. Full Article Industry
l Credit Suisse arm invests in Sapience Analytics By www.financialexpress.com Published On :: 2017-08-31T04:52:00+05:30 Credit Suisse Asset Management's NEXT Investors has invested an undisclosed amount in Indian software product company Sapience Analytics. Full Article Industry
l India Vs Windies 2018: Kuldeep Yadav shines as India beat Windies in T20 opener By www.financialexpress.com Published On :: 2018-11-05T14:03:00+05:30 Kuldeep Yadav performed brilliantly in the first T20 against the Windies to ensure India registered a comfortable win over the visitors. Full Article Sports
l Development of engineering exports segment dampening actual steel use By www.financialexpress.com Published On :: 2019-02-12T01:34:00+05:30 On a similar note, India is trying hard to develop indigenous capacity (Make in India) for machineries and equipment required for, say, new steel capacity augmentation. Otherwise, the large scale of imports of capital goods in the form of machines and equipment for steel plants would have to continue by spending huge foreign exchange and make India import dependent. Full Article Industry
l Covering cotton yarn under MEIS will boost India’s exports: Textile industry body By www.financialexpress.com Published On :: 2019-02-12T01:38:00+05:30 To benefit the farmers with better price for raw cotton, the Centre shall also bring the cotton yarn under MEIS coverage, said the Confederation of Indian Textile Industry. Full Article Industry
l Oil market should reach balance between supply and demand in Q1: UAE energy minister By www.financialexpress.com Published On :: 2019-02-12T01:41:00+05:30 Opec, Russia and other non-Opec producers — an alliance known as Opec+ —agreed to reduce supply by 1.2 million bpd from January 1. Full Article Markets
l Kerala’s ‘Kole’ paddy fields must be used as prawn farms: MPEDA By www.financialexpress.com Published On :: 2019-02-12T01:48:00+05:30 Such an initiative will work effectively in the coastal state that is endowed with water bodies and enjoys high domestic demand for prawns, MPEDA chairman KS Srinivas noted here at ASCEND Kerala 2019 meet, which aims to showcase Kerala as a top-notch investment destination. Full Article Markets
l As more farmers opt for Soybean, SOPA pegs output at 114.83 lakh tonne By www.financialexpress.com Published On :: 2019-02-12T01:52:00+05:30 As per SOPA estimates, the actual area in Maharashtra is 36.390 lakh hectare, which is 10% less than the government estimates of 40.433 lakh hectare. Soyabean output in Maharashtra is estimated to rise by 32% to 38.4 lakh tonne for this year. Full Article Markets
l Oil imports: Opportunity for India as sanctions-hit Venezuela seeks to double exports By www.financialexpress.com Published On :: 2019-02-12T07:17:12+05:30 Caracas, which buys medicines and other products from India, is looking for alternative payment methods after the United States imposed stringent sanctions on Venezuela’s state oil firm PDVSA in a bid to push out President Nicolas Maduro. Full Article Industry
l DLF improves performance in Q3, analysts maintain ‘Buy’ with revised target price of Rs 216 By www.financialexpress.com Published On :: 2019-02-12T02:20:00+05:30 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). Full Article Markets
l In Asia’s high-yield bond battle, Indonesia set to gain upper hand over India By www.financialexpress.com Published On :: 2019-02-12T06:57:23+05:30 In contrast, Indonesia’s improving fiscal status and aggressive monetary policy stance in the face of global headwinds have burnished the nation’s assets in the eyes of investors. Full Article Markets
l Analyst Corner: Valuations of AIA Engineering will remain rich – IDFC Securities By www.financialexpress.com Published On :: 2019-02-12T02:27:00+05:30 The production is based on orders received from the customers and hence management is confident that sales despatches would pick up over the next 2-3 quarters, driving an uptick in sales and normalised inventories. Full Article Markets
l Corporation Bank swings back in black as provisions decrease sharp 73 per cent By www.financialexpress.com Published On :: 2019-02-12T02:30:00+05:30 NII is the difference between interest earned and interest paid by a bank. The lender’s asset quality improved q-o-q with gross non-performing assets (NPA) of 17.36%, down 10 basis points over Q2FY19. Full Article Markets
l Govt to sell up to 3% stake in Axis Bank to meet Rs 80,000 cr disinvestment target By www.financialexpress.com Published On :: 2019-02-12T07:18:33+05:30 At the end of December 2018, Suuti held a 9.56% stake in Axis Bank. The OFS is part of the government’s move to meet its disinvestment target of Rs 80,000 crore for FY19. Full Article Markets
l Not so sweet! Millers’ sugar offer in lieu of FRP fails to cheer farmers By www.financialexpress.com Published On :: 2019-02-13T02:51:00+05:30 Sugarcane arrears in Maharashtra have now mounted to Rs 5,000 crore and industry sources claim the position is likely to worsen. Full Article Industry
l Analyst corner: ‘Add’ on Thermax with a target price of Rs 1,333 By www.financialexpress.com Published On :: 2019-02-13T03:23:00+05:30 Overseas subsidiary performance is expected to turn around which coupled with gradual improvement in domestic margins will enable improvement in the overall margins. Full Article Money
l Analyst corner: Buy Apollo Hospitals with June 2020E target of Rs 1,700 By www.financialexpress.com Published On :: 2019-02-13T03:28:00+05:30 As APHS concludes its capex cycle and loss-making ventures breakeven, the stage is set for APHS to double Ebitda and reduce capex to one-third over FY19–21. Full Article Money
l Karur Vysya Bank Q3 net plummets 70% to Rs 21 crore By www.financialexpress.com Published On :: 2019-02-13T03:36:00+05:30 The bank has witnessed asset quality weakening further in December quarter with the gross non-performing assets (NPA) as of December 2018 increasing to Rs 4,056 crore (8.49%) compared to Rs 2, 663 crore (5.95%). Full Article Industry
l Maharashtra targets to export 2,500 tonnes of Alphonso, Kesar mangoes By www.financialexpress.com Published On :: 2019-04-06T00:44:13+05:30 The board had been holding regular workshops with both farmers and buyers to encourage exports, he said, adding that the board had taken huge efforts to ensure that more mango growers register their orchards with MangoNet. Full Article Commodities Markets
l Analyst Corner| Vedanta — Maintain ‘Buy’ with target price of Rs 175 By www.financialexpress.com Published On :: 2019-04-06T01:14:00+05:30 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. Full Article Markets