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Top News

Hero MotoCorp unveils iSmart 110 in Mumbai
Wed, 27 Jul 2016
Hero MotoCorp unveils iSmart 110 in Mumbai The company said this is the first motorcycle to be developed completely in-house with Hero's own technology.



HDFC approves amalgamation of 5 subsidiaries into itself
Wed, 27 Jul 2016
HDFC approves amalgamation of 5 subsidiaries into itself HDFC has granted in-principle approval for the amalgamation of Grandeur Properties, Haddock Properties, Winchester Properties, Pentagram Properties and Windermere Properties into itself, the company said in a statement.



Apple given relaxation in sourcing for first three years: Govt
Wed, 27 Jul 2016
Apple given relaxation in sourcing for first three years: Govt "We have just given a relaxation that in the first three years, if local sourcing for their retail outlet is becoming difficult, the first three years will be exempted. But the average that we calculate for the local sourcing requirement will be applicable after that for five year," Commerce Minister Nirmala Sitharaman said.



MM incorporates Mahindra Airways as wholly-owned subsidiary
Wed, 27 Jul 2016
MM incorporates Mahindra Airways as wholly-owned subsidiary "Mahindra Airways is incorporated as a wholly-owned subsidiary of Mahindra Holdings Ltd (MHL). The initial subscription by MHL into Mahindra Airways is Rs 5 lakh," the company said in a regulatory filing.



Drop in last minute fares only to fill empty seats: Air India
Wed, 27 Jul 2016
Drop in last minute fares only to fill empty seats: Air India In a move that check-mated its rivals like Jet Airways and Vistara on the pricing front, the national carrier had early this month announced dropping its last minute fares to the level of AC II tier ticket prices of Rajdhani trains to four key destinations from Delhi -- Kolkata, Bengaluru, Hyderabad and Mumbai, to begin with.



Hyundai expects FY17 exports to be flat at 1.65 lakh units
Wed, 27 Jul 2016
Hyundai expects FY17 exports to be flat at 1.65 lakh units "We are very successful in domestic and export markets. We started Make in India products from 2000 and today our cars are exported to 92 countries. Latin America, Africa, Middle East are the major export markets for us," Hyundai Motor India MD Y K Koo told reporters here.



Sun Pharma recalls 16K bottles of antidepressant tablets in US
Wed, 27 Jul 2016
Sun Pharma recalls 16K bottles of antidepressant tablets in US Sun Pharmaceutical Industries Inc, the company's US subsidiary, is recalling 16,085 bottles of buPROPion hydrochloride extended release tablets in the strength of 150 mg in a ongoing voluntary nationwide recall, the latest Enforcement Report of the USFDA said.



Muthoot Finance invests Rs 40 cr in BIFPL; stake rises to 46.8%
Wed, 27 Jul 2016
Muthoot Finance invests Rs 40 cr in BIFPL; stake rises to 46.8% The company further said that acquisition of 10.32 percent from the existing shareholders is expected to be completed soon thereby taking the total holding to 57.15 percent making it a subsidiary.


Feed Source: Moneycontrol.com
Market Feeds

Tulsian's take on paper, PSU bank stocks outlook on Nifty
Tue, 26 Jul 2016
SP Tulsian In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his outlook on Nifty. "We need to see rollover. But if I just take a broad call for the August series, I am not keeping a positive stance," he says.



Market consolidating but undertone still positive: Experts
Tue, 26 Jul 2016
Market consolidating but undertone still positive: Experts For the Nifty, 8630 is expected to be a key level to watch. Experts believe if there is sustained rally above this level in July expiry series then the index could attain the 8700-mark.



It's time to look at well-performing stocks: Dimensions
Tue, 26 Jul 2016
Ajay Srivastava The domestic market will continue to move up as long as international markets remain stable. The recent liquidity rush will continue into emerging markets, says Ajay Srivastava, CEO of Dimensions Consulting.



PhillipCapital tells you which telcos may be hit by a higher SUC
Tue, 26 Jul 2016
Naveen Kulkarni Speaking to CNBC-TV18 Naveen Kulkarni of PhillipCapital said that the impact on Idea Cellular will be limited. Idea Cellular doesn't have spectrum in the 2300 MHz band, and hence it will be little impacted, says Kulkarni.



US Fed will be cautious; it's advantage equities: James Glassman
Tue, 26 Jul 2016
James Glassman Speaking to CNBC-TV18 James Glassman of JPMorgan said that the US Fed meeting this week is going to be an uneventful event. The Fed is going to be cautious, he said, adding that the Fed wants to see more evidence of the US doing much better before they pursue the path of moving interest rates.



Sentiment in mkt positive; go long but with tight stops: Pros
Mon, 25 Jul 2016
Vikas Khemani The macros are looking good, the FII inflows are good and there is probability of passage of goods and services tax (GST) ?? all these factors have given a boost to investor sentiment, says Vikas Khemani, President CEO,Edelweiss Securities.



'Panic buying' more than fundamentals driving mkt rally: Pros
Mon, 25 Jul 2016
Parag Thakkar Parag Thakkar, HDFC Securities is not so upbeat on the current market rally and believes it to be more of panic buying than strong fundamentals.



India a beneficiary of flows into emerging markets: Rabobank
Mon, 25 Jul 2016
Michael Every Markets world over are in a 'precarious' position right now, Michael Every of Rabobank said.


Feed Source: Moneycontrol.com
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