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Tuesday, June 4, 2019

Kotak digs in for the long haul, worsening his row with the RBI

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THE ECONOMIC TIMES
Tue, Jun 04, 2019 | 05:14 PM IST

Daily Newsletter

Kotak digs in for the long haul, worsening his row with the RBI

The row has its origins a regulatory diktat that had decreed paring promoter's holding in the bank.

Contrarian economist sees 35 basis-point rate cut

Gupta sees inflation reaching 3.3 per cent in May -- well within the RBI's target range....

Indian pharma's fate now hangs on four Cs

A review of FY19 points to four dominant themes that hold the future for India's pharma industry....

A silver lining for India's biggest car maker

Second half of this fiscal year should be significantly better than last year, says Maruti chairman.

M&M's tough compact-SUV challenge
M&M rolled out the XUV 300 to make up for its late entry into the compact SUV segment. Can it play catch-up?
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Evolving dynamics of MSME lending industry – A perspective from MSME Pulse by Vipul Mahajan
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ITR filing deadline likely to be extended this year ITR filing deadline likely to be extended this year
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Policymakers should take part blame for Jet failure Policymakers should take part blame for Jet failure...
Ajay Singh, Chairperson, SpiceJet
Market Watch 4 Jun | 05:14PM|
SENSEX NIFTY USD/INR GOLD
40083.54
-184.08
12021.65
-66.90
69.25
-0.01
32514.00
110.00
MARKET NEWS
Rs 8K cr NTPC-SJVN merger push likely soon

The state government holds 26.85 per cent stake in SJVN while the Centre holds 63.79 per cent....

ICICI Bank, Axis Bank bonds hit after cut to junk

Fitch lowered its long-term issuer default ratings on ICICI Bank and Axis Bank to BB+ from BBB-....

Gainers Losers 4 Jun, 2019, 05:14PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Mas Financial Services 587.60 9.81 2577 604.65 542.0
IDBI Bank 39.70 7.59 1858290 40.55 36.7
Rail Vikas Nigam 27.70 5.52 2106857 28.3 25.75
Shriram City Union Finance 1614.50 4.77 326 1641.15 1537.6
Balrampur Chini Mills 163.05 4.22 261337 164.0 157.2
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
Delhi: McD's to pay Rs 70K for insect in burger
Delhi: McD's to pay Rs 70K for insect in burger
Ghazipur's garbage to rise higher than Taj
Ghazipur's garbage to rise higher than Taj
Deccan Queen enters 90th years of service
Deccan Queen enters 90th years of service
Heatwave takes a toll in North India
Heatwave takes a toll in North India
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FROM THE NEWSPAPER
RBI had asked IFIN to clean up its books by 2019

The central bank had raised objection over loans to group companies in 2017 review, sought corrective action....

With growth wavering, I-T wants mopup target eased

CBDT has pitched a downward revised target from that presented in the interim budget to Sitharaman....

Banking on artificial intelligence: In hiring drive, Bots are calling the shots now

Algorithms analyse expressions, tone to check for traits such as confidence, anger in video interviews....

Infosys reviews exposure to sanctions-hit Huawei, other IT majors to follow suit

Infosys is racing to ensure it is not caught short by US clamping down on the Chinese technology giant....

Yogi plans expressway to every region of UP by 2022

Similarly, in 2007 the then chief minister Mayawati's achievement was Yamuna Expressway....

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Nifty chart signals trend reversal | A $13 billion fund's contra bets | NBFCs hunt cash overseas

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DAILY BRIEF

Tue, Jun 04, 2019

#ValueInvestor#SmallcapHunters#Paathshala#ExpertView#Podcast
TOP OF THE DAY
Shunned at home, shadow banks pay more for foreign funds
Non-banking financial companies have raised more than $2 billion of overseas bonds.
'Bearish Harami' on Nifty chart signals possible trend reversal
Street finds these stocks costly, but $13bn fund still buying them
Will RBI go for a 35 bps cut than conventional 25 bps? Looks so
NCC, RInfra, UltraTech among 46 stocks signalling downsides on MACD
Major lenders ICICI, Axis bonds hit after cut to junk
Drop in VIX suggests short-term formation of a higher base

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
IDBI Bank 7.73%
More from Gainers

Top Losers

NSE
6 companies (largecap) price decreased more than -3%
Page Industries -4.68%
Ambuja Cements -4.30%
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52 Week High

NSE
38 companies touched new 52-week high today
Avadh Sugar & Energy Ltd. 8.91%
JIK Industries 6.67%
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AdvertorialNegotiation strategies for women for a higher salary
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After Market: ICICI Bank, L&T Tech tank; 236 stocks hit lower circuits
Market breadth remained negative as 1,453 stocks declined against 1,109 that logged gains.
Rs 8,000 cr NTPC-SJVN merger push likely in Modi govt's 1st 100 days
Bitcoin tumbles back below $8,000 as cryptocurrencies stumbl
Atul Suri is putting faith in hope trade, betting on 2 sectors
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Butterfly Gandhimathi Appliances Ltd. Hold
Natural gas not to drive ONGC's profitability in near term: Moody's
India's energy strategy aims to reduce its hydrocarbon imports by 10 per cent by 2020.
Airtel Africa to raise $750 mn via IPO, eyes London listing
Piramal bats for easier ECB rules, special RBI window for NBFCs
NBFC liquidity problem turning into solvency issue: Jehangir Aziz
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