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Wednesday, October 30, 2019

Unaccounted gold above a threshold may soon attract heavy tax

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THE ECONOMIC TIMES
Wed, Oct 30, 2019 | 04:45 PM IST

Daily Newsletter

Gold hoarders may get one last chance to come clean on black money investments

Government may soon come up with amnesty scheme for gold to bring hordes of black money.

After 300 aircraft order, IndiGo becomes IATA member to aid global expansion

"IndiGo is currently an IOSA registered airline and IATA Clearing House member," said a media statement. Notably, Ind...

Not sought debt recast from any lender, Vodafone Idea clarifies

Vodafone Idea categorically denied and dismissed speculations in certain quarters that nearly Rs 40,000 crore of pote...

India plays hardball, keeps China waiting over 16-nation deal

India has made additional requests on the China-backed RCEP, that covers half the world's population.

Is your connected luxury car data protected?
In connected cars, data protection covers the vehicle data and customer information after purchase.
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On Jana Diwas 2019, Jana Small Finance Bank draws on financial inclusion
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Employment up but the devil is in the detail Employment up but the devil is in the detail
While overall employment numbers did increase, sectors like IT and finance did not see much growth....read more
A struggling India needs more trade, not less » 
Baby steps before leap: Global banks, now sense a new vista — regional trade » 
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Evolving dynamics of MSME lending industry – A perspective from MSME Pulse by Vipul Mahajan

Gain insights on where are new-to-credit MSMEs are coming from and who is lending to them

Not worried about market movements, LIC is a long-term player Not worried about market movements, LIC is a long-term player...
MR Kumar, Chairman, LIC
Market Watch 30 Oct | 04:45PM|
SENSEX NIFTY USD/INR GOLD
40051.87
220.03
11844.10
57.25
70.91
0.06
38014.00
98.00
MARKET NEWS
Aramco mints $68b in 9 mths to stay world's most profitable co

The company has pledged to pay a dividend of at least $75 billion next year....

Bandhan Bank hits Rs 1 lakh crore m-cap

RBI slapped Rs 1 crore fine on the bank on Tuesday as it failed to bring down promoter holding to 40%....

Gainers Losers 30 Oct, 2019, 04:45PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
United Bank of India 8.90 19.95 315256 8.9 7.55
Central Bank of India 20.70 15.32 404567 21.5 18.4
Syndicate Bank 28.30 11.86 131116 29.15 25.65
ITI 96.15 10.96 999533 100.95 91.8
Sun Pharma Advanced Research 141.45 9.82 326025 144.0 127.5
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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How Mukesh Ambani dodged the AGR bullet
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FROM THE NEWSPAPER
Mukesh Ambani's gas sale gives govt a serious heartburn

RIL insists it has won the gas after transparent bidding, Oil ministry could decide to opt for arbitration....

Indian IT cos worst hit by H1-B rejections

Cognizant saw over 60% of its initial applications rejected, followed by Capgemini, Accenture, Wipro and Infosys. ...

Airtel India Q2 mobile revenue rises 0.8% QoQ

Airtel's revenue from India mobile services grew 7.4% on year to Rs 10,812 crore....

Foreign investors' entry to be made easier

An advisory group has put forth simpler regulatory and tax framework for overseas investment funds....

Trouble checks in for Oyo, MakeMyTrip

FHRAI had alleged that the cos have abused their positions, charging excessive commissions from partners....

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Good man with 'lalten': Lalu's biopic to release in February, Yash Kumar to play lead role
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Pharrell WIlliams, Al Pacino, Charlize Theron win big at 23rd Hollywood Film Awards
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Tuesday, October 29, 2019

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DDT, LTCG tweaks on the cards? | TaMo target prices rise up to 50% | CPVC pipe stock has D-Street hooked

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DAILY BRIEF

Tue, Oct 29, 2019

#Q2Earnings#SmallcapHunters#IPOs#ExpertViews#StockRecos
TOP OF THE DAY
Fresh bonanza for St? Govt may scrap DDT, tweak LTCG and STT
FinMin and PMO are working on measures which may include scrapping DDT, say sources.
Post 10K% rally in 10 years, this stock has brokerages hooked to it
TaMo in top gear; metals shine; Rs 2.73 lakh crore added to m-cap
Global brokerages raise RIL outlook on move to make Jio debt free
Tech View: Nifty50 forms a large bullish candle; next stop 11,900
Brokerages raise Tata Motors price target on good Q2 numbers
Post 582-pt rally, what? Here's what F&O positions signalling

Top Gainers

NSE
17 companies (largecap) appreciated more than 5%
Tata Motors (dvr) 17.94%
Tata Motors 16.76%
More from Gainers

Top Losers

NSE
4 companies (largecap) price decreased more than -5%
Bharti Infratel -9.00%
Idea Cellular -8.33%
More from Losers

52 Week High

NSE
68 companies touched new 52-week high today
Tata Motors 16.76%
BF Investment 15.16%
More from 52 Week High
AdvertorialIndia's goal on renewables to boost green bond sales overseas
Green issuers are supported by rising global appetite for Indian notes.
AdvertorialGen 5 Fossil Touchscreen Smartwatch comes with Google Assistant, multi-day battery life
The inbuilt speaker allows the wearer to answer phone calls right from the wrist.
Bulls are back! Key factors that gave Sensex a 582-point lift
Improving risk-taking ability among key reasons behind rally in the market, says Vinod Nair.
We don't have ammunition to revive economy: Sanjeev Prasad
Hindustan Zinc Q2 net rises 15% to Rs 2,081 cr, revenue falls 5%
India not on global investors' radar in a big way: Punita Sinha
RECOMMENDATIONS
Bank of India Buy
Canara Bank Buy
Balkrishna Industries Ltd. Buy
Cipla Ltd. Buy
Tata Motors Ltd. Buy
Banks a safer bet, clarity needed on Infosys: Deven R Choksey
Banks with a focus on consumers and retail lending to do well.
Demand for mining equipment falls 15-17% YoY: ICRA
Brokerages maintain 'buy' on SBI, see up to 42% upside
Hemang Jani on Tata Motors, Reliance, PSU stocks and more
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