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Wednesday, November 6, 2019

Even God can't tweak Infosys' numbers, says Nandan Nilekani

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THE ECONOMIC TIMES
Wed, Nov 06, 2019 | 03:40 PM IST

Daily Newsletter

Even God can't tweak Infosys' numbers, says Nandan Nilekani

Whistleblowers claim CEO Salil Parekh hid information from the auditors to boost margin.

How Masayoshi Son became poorer by $6 bn

The Vision Fund is said to be planning to swallow a charge of at least $5 billion....

Sensex hits fresh record, Nifty tops 12,000

Infosys was the biggest gainer, rising 2.5 per cent to Rs 713.45 on BSE....

Sharad Pawar asks BJP, Sena to form govt soon

Ending speculation about support to Shiv Sena for government formation, Pawar said the NCP won't join hands with Shiv Sena. BJP and Sena are allies for the past 25 years, he said adding they should respect the mandate and form a government.

Macro indicators point to a bigger trouble
A story in six charts explains what went wrong with the Indian economy.
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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
FEATURED STORIES
India's biggest shopping season wasn't big India's biggest shopping season wasn't big
More than 90 per cent of storekeepers indicated footfalls lower than the last year's festival period....read more
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The biggest challenge for reviving Indian economy » 
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Evolving Change in Consumer Behaviour for Individual Lending

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Crying demand in India is to finance the unfinanced: V Vaidyanathan, IDFC First Bank Anybody who has burnt his fingers once in liquidity won't forget the past lessons. ...
V Vaidyanathan, IDFC First Bank
Market Watch 6 Nov | 03:40PM|
SENSEX NIFTY USD/INR GOLD
40469.78
221.55
11966.05
48.85
70.98
0.28
38118.00
237.00
MARKET NEWS
2 cr retail investors keep faith in these firms; are they good bets?

The number of individual shareholders in BSE Midcap index companies increased marginally....

A strategy to make money when mkt rebounds

Economics is infamous for the difference of opinion among its practitioners. ...

Gainers Losers 6 Nov, 2019, 03:40PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Westlife Development 393.10 12.60 39536 399.0 348.0
VBL 755.55 7.66 135490 782.95 703.0
GMR Infrastructure 22.10 7.28 4061476 22.7 20.5
Corporation Bank 18.50 7.25 199661 18.9 17.2
Sun Pharma Advanced Research 152.85 7.19 559562 159.9 148.75
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
Motor down: Why Honda is sending nearly 300 workers on indefinite leave
Motor down: Why Honda is sending nearly 300 workers on indefinite leave
Pakistan among worst countries for internet freedom
Pakistan among worst countries for internet freedom
Air purifiers: 7 myths you should stop believing
Air purifiers: 7 myths you should stop believing
Robot that can end India's manual scavenging
Robot that can end India's manual scavenging
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FROM THE NEWSPAPER
How failed bank loans have led to a credit crisis for small biz

Credit keeps an economy well-oiled. But despite the government's push, banks, which burnt their fingers lending to me...

The fight for Mumbai airport gets intense

The GVK Group raised over Rs 7,600 crore to reduce debt and acquire a 23.5% stake in MIAL....

Google, FB's tax bill could shoot up if India has its way

The government wants a more balanced principle for the taxation based on place of revenue generation....

Advisory adds new twist to WhatsApp whodunnit

In Sept 2019, WhatsApp told CERT-In of attempts to target 121 Indians & around 20 may have been impacted....

Ola and Uber look beyond cab hailing to drive growth

Both mobility platforms are expected to bank on bike taxis and rentals, autos, corporate tie ups, and public transpor...

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What's with the doctors? Netizens are turning to strangers on Reddit for STD diagnosis
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Chennai HC accepts plea seeking stay on Jayalalithaa biopic, issues notice to director
Chennai HC accepts plea seeking stay on Jayalalithaa biopic, issues notice to director
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Tuesday, November 5, 2019

NSE pitch to FM to ease compliance costs | Why it's tough for India to grow at 10% | Titan loses shine in Q2

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DAILY BRIEF

Tue, Nov 05, 2019

#Q2Earnings#SmallcapHunters#IPOs#ExpertViews#StockRecos
TOP OF THE DAY
NSE makes pitch to FM, Sebi to cut security transaction costs
To further expand markets, we need to further simplify them, said Vikram Limaye, MD and CEO.
MSCI may axe debt-laden Indian companies from its indices
YES , Dabur rally; Titan loses shine, 59 stocks hit 52-week highs
Titan Q2 profit inches up 2% to Rs 320 crore, misses estimates
Difficult for India to grow at 10% with inflation at 3%: Singhania
Tech View: Nifty forms 'Hanging Man', signals trend reversal
Golden Cross, ahoy! Sensex charts drop hints this rally has legs

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
Manaksia Coated 11.06%
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Top Losers

NSE
3 companies (largecap) price decreased more than -5%
Idea Cellular -6.67%
BEL -5.77%
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52 Week High

NSE
40 companies touched new 52-week high today
Manaksia Coated 11.06%
Stampede Cap 9.66%
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.
TechM Q2 profit rises 6% YoY to Rs 1,124 crore; but margins fall
Headcount of the Tech Mahindra increased by 5,749 to 1,31,522 sequentially.
F&O: Nifty negates higher lows, VIX signals rangebound trade
Sitharaman says govt working with RBI to revive real estate sector
Sensex logs first drop in 8 days; midcap, smallcap stocks plunge
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Hindalco Industries Ltd. Buy
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Gold demand to hit three-year low as prices surge to record
Gold demand in 2019 could drop 8% from a year ago to around 700 tonnes, the lowest numbers since 2016.
ICRA maintains 'negative' outlook on domestic cotton
PNB Q2 profit at Rs 507 crore; provisions spike 44% QoQ
Opec sees its oil market share shrinking, lowers demand view
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