c 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
c Moto G5 priced at Rs 11,999 makes good first impressions By www.financialexpress.com Published On :: 2017-04-20T03:06:00+05:30 Moto G5 makes a good first impression with its high-end features Full Article Industry
c 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
c 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
c 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
c S Chand aims to raise Rs 728 crore from IPO By www.financialexpress.com Published On :: 2017-04-20T05:10:00+05:30 Leading textbook publisher S Chand has priced its initial public offering (IPO) in a price band of Rs 660 to Rs 670 per equity share. Full Article Industry
c Yes Bank MD & CEO Rana Kapoor: Hope CASA ratio to touch 40% in next 4 quarters By www.financialexpress.com Published On :: 2017-04-20T05:18:18+05:30 Yes Bank has seen a 30.2% increase in its net profit for the March quarter, due to strong growth in advances and growth in low-cost CASA deposits. Full Article Industry
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c 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
c HDFC Bank March advances rise 5%, deposits grow 17% By www.financialexpress.com Published On :: 2019-04-06T07:08:38+05:30 he bank said it has purchased loans aggregating Rs 19.24 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation, during the quarter ended March this year. Full Article Banking & Finance Industry
c 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
c Analyst Corner| Jyothi Labs — Product launches to boost volume growth By www.financialexpress.com Published On :: 2019-04-06T01:33:42+05:30 Dishwashing has been one of fastest-growing categories for JYL and we expect strong growth to continue on account of market share gains and lower overall penetration in the category. Full Article Lifestyle Markets
c Bank of India to sell 25.05% stake in life insurance joint venture By www.financialexpress.com Published On :: 2019-04-06T01:28:00+05:30 Established in February 2009, Star Union Dai-ichi Life’s (SUD Life) premium income stood at Rs 1,211 crore, while its profit after tax stood at Rs 55 crore during April-December 2018-19. Full Article Banking & Finance Industry
c IndusInd Bank prices maiden dollar bond at 185 bps over US Treasury yield By www.financialexpress.com Published On :: 2019-04-10T01:21:00+05:30 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. Full Article Banking & Finance Industry
c Banks’ net interest income to rise over 20% y-o-y in Q4: Analysts By www.financialexpress.com Published On :: 2019-04-10T01:31:26+05:30 Even as banks see a rise in core income and a drop in fresh bad loans, they may see a fall in non-interest income, with treasury income falling sharply on a sequential basis. Full Article Banking & Finance Industry
c Lower output, price rise to hit cotton yarn margins By www.financialexpress.com Published On :: 2019-05-08T02:09:42+05:30 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. Full Article Commodities Markets
c Gold rush: Jewellers make desperate bid to woo customers By www.financialexpress.com Published On :: 2019-05-08T01:54:00+05:30 Popley Group has launched a special edition of gold coins, which are being offered at cheaper rates, and is also selling luxury watches at a 25-50% discount. Full Article Commodities Markets
c Cashew exporters concerned over surge in fraudulent imports of kernel By www.financialexpress.com Published On :: 2019-05-08T02:03:00+05:30 India produces 6-7 million tonne raw cashew per annum, and was till recently the leading supplier of kernels to the global markets. Full Article Commodities Markets
c Cotton association reduces crop estimates for 2018-19 to 315L bales By www.financialexpress.com Published On :: 2019-05-08T02:05:00+05:30 CAI’s current estimates for the North Zone, Madhya Pradesh, Telangana and Andhra Pradesh are lower by 1 lakh bales each compared to its previous month estimate. Full Article Commodities Markets