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Thursday, July 25, 2019

What happens if the IndiGo infighting gets prolonged

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THE ECONOMIC TIMES
Thu, Jul 25, 2019 | 04:50 PM IST

Daily Newsletter

Tata Motors Q1 loss doubles to Rs 3,680 crore as JLR woes continue

JLR reported a pre-tax loss of 395 million pounds compared with 264 million pounds loss YoY.

Billionaire owners' public spat weighs on IndiGo's future

Rakesh Gangwal, 65, is accusing partner Rahul Bhatia, 59, of corporate-governance transgressions at Indian budget air...

Subhash Garg, the shunted top babu, offers to retire

Garg, 58, was appointed as secretary of the Ministry of Power, according to a govt statement late Wednesday....

10 reasons you may get an income tax notice

You may anytime come under the taxman's lens. The department can randomly scrutinise returns to enforce tax compliance.

Ajit Doval's NSAB blows 5G bugle
In an exclusive chat, a tech expert in the NSAB explains why India must aim for "100% localisation".
More From our Partners
Why you should be aware of double tax avoidance treaties?
India and China signed a protocol on Double Taxation Avoidance Agreement (DTAA) to avoid taxing individuals and companies twice for the same earning and also to prevent tax evasion. DTAA is an international tax agreement between two or more countries.
FEATURED STORIES
20 years on, a Kargil story you should know 20 years on, a Kargil story you should know
Officials say Pakistan is not "really a threat" now; "It is not possible for them to do what they did in 1999." ...read more
Is it time to switch to index mutual funds? » 
Is India walking into a middle income trap? » 
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Delhi to host Workspace Efficiency Summit on July 25

The Workspace Efficiency Summit is scheduled to be held on 25 July 2019 at Taj Mahal Hotel in New Delhi.

I feel the doom is over, we can only move up I feel the doom is over, we can only move up...
Aditya Puri, MD, HDFC Bank
Market Watch 25 Jul | 04:50PM|
SENSEX NIFTY USD/INR GOLD
37830.98
-16.67
11252.15
-19.15
69.03
0.04
35029.00
2.00
MARKET NEWS
Big Bull, Khanna & others on a selling spree amid smallcap pain

Rakesh Jhunjhunwala and his better half Rekha sold stakes in NCC, DHFL and in Lupin....

Look who are lining up for YES Bank's $400m QIP

The bank is looking to shore up its capital base due to a spike in bad loans. ...

Gainers Losers 25 Jul, 2019, 04:50PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Caplin Point Laboratories Ltd 425.80 10.30 12465 436.0 385.0
Shriram Transport Finance 986.10 6.46 368449 1014.45 955.0
LALPATHLAB 1148.40 5.69 2012 1161.45 1094.5
Bandhan Bank 462.20 5.13 100525 465.0 442.5
Info Edge (India) 2245.10 4.71 7090 2260.0 2154.75
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
Man tries Channel crossing on flyboard
Man tries Channel crossing on flyboard
Europe on alert as heatwave hits peak
Europe on alert as heatwave hits peak
Companies risk clutter in race for skies
Companies risk clutter in race for skies
Car sales brings misery to Bhutan
Car sales brings misery to Bhutan
More Slideshows
FROM THE NEWSPAPER
States can now use Aadhaar data for their schemes

State governments can use Aadhaar for schemes that are funded through the 'Consolidated Fund of the State'. ...

Infy has found a new way to tackle attrition

Despite the rising attrition rate, Infosys maintains that it's not affecting services to clients....

Looming bankruptcy could spell endgame for Reliance Naval

The Anil Ambani company has not been servicing its Rs 9,000 cr of debt for several months now. ...

The curious case of whistleblowers at IndiGo

Was there really any whistleblower plaint or not? Gangwal insists there was one, while Bhatia camp denies it....

VIDEOS
Nirav Modi to stay in UK jail until Aug 22
ET More NewsletterNirav Modi to stay in UK jail until Aug 22
SC Garg seeks early retirement
ET More NewsletterSC Garg seeks early retirement
NCP's Bhujbal, Ahir to join Shiv Sena
ET More NewsletterNCP's Bhujbal, Ahir to join Shiv Sena
Triple talaq: Cong calls bill a 'deflection'
ET More NewsletterTriple talaq: Cong calls bill a 'deflection'
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ET PANACHE
Luxe on wheels: BMW drives in X7 to India at Rs 99 lakh
Luxe on wheels: BMW drives in X7 to India at Rs 99 lakh
The taxing bananas: Probe ordered on five-star hotel after Rahul Bose's video goes viral
The taxing bananas: Probe ordered on five-star hotel after Rahul Bose's video goes viral
Honor 20 review: Great battery life & high-quality camera make it an affordable flagship
Honor 20 review: Great battery life & high-quality camera make it an affordable flagship
Kapil Sharma, Ginni Chatrath expecting first child
Kapil Sharma, Ginni Chatrath expecting first child
Read more from Panache
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Wednesday, July 24, 2019

Auto slowdown hurts Asian Paints | Top performing IPOs face earnings test | Promoter truce lifts IndiGo stock

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DAILY BRIEF

Wed, Jul 24, 2019

#Q1Results#SmallcapHunters#IPOs#ExpertViews#StockRecos
TOP OF THE DAY
Six of 8 IPOs of 2019 see dream run, now face acid test
The IPO market has been going through a rather dry spell this year.
IndiGo chairman brokers truce between promoters Bhatia and Gangwal
Asian Paints' auto coating segment facing slowdown; takeaways
In banking, use Graham's weighing machine rule to pick the best stocks
Tech View: Nifty breaks below 11,300 level, likely to fall towards 11,200
India may launch $10 billion global bond sale in October
Deutsche Bank suffers $3.5 billion quarterly loss

Top Gainers

NSE
2 companies (largecap) appreciated more than 5%
Torrent Pharma 9.48%
Zee Ent. 5.21%
More from Gainers

Top Losers

NSE
5 companies (largecap) price decreased more than -5%
M&M Financial -10.50%
Bandhan Bank Ltd. -6.13%
More from Losers

52 Week High

NSE
8 companies touched new 52-week high today
FCS Software 14.29%
Adhunik Industries 1.63%
More from 52 Week High
AdvertorialNegotiation strategies for women for a higher salary
AdvertorialUnderstanding the perks and woes of business travel
Bottom fishing in YES, DHFL? Read this & you will change your mind
Stocks investors on Dalal Street these days are itching to chase stocks that have been battered.
Budget made 80% stocks bleed, but remaining 20% on cloud nine
Keep a SIP for next 10-12 weeks; here's a list of 10 stocks: Bhasin
After Market: IndiGo zooms 5%; 410 stocks hit 52-week lows
RECOMMENDATIONS
HDFC Life Insurance Company Ltd. Hold
Larsen & Toubro Ltd. Buy
Bayer Cropscience Ltd. Sell
Power Finance Corporation Ltd. Sell
Bank of India Sell
FIIs simply dumping Indian stocks; pull out $1b in July
The budget move spooked investors, as the surcharge will impact 40 per cent of FPIs.
F&O: Selling pressure haunting Nifty on every rise; setup weak
YES Bank representatives meet Jhunjhunwala's Rare Enterprises
Affle India's Rs 459 crore IPO to open on July 29
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