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Saturday, December 14, 2019

The crazy stuff banks do for the ultra-rich

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THE ECONOMIC TIMES
Sat, Dec 14, 2019 | 05:00 PM IST

Daily Newsletter

ArcelorMittal is about to give India its biggest IBC success

ArcelorMittal has initiated payment for acquisition of debt-ridden Essar Steel for Rs 42,000 crore.

Banking for the super rich: Cool, crazy and confidential

The supplications of banks on behalf of their rich clients are endless and often bordering varied oddities. ...

FASTag rules relaxed but there's a catch

Govt has temporarily relaxed an earlier mandate for 100% electronic toll collection on National highways. ...

US wants India to be part of the Five Eyes

The 'Five Eyes' is an alliance comprising of Australia, Canada, New Zealand, Great Britain and the US. It is an international agreement under which this these five countries cooperates and share signals intelligence, military intelligence, and human intelligence. With an eye on China, the United States now wants India, Japan and South Korea to be put at par with its 'Five Eyes' for intelligence sharing.

What's slowing down Hero MotoCorp?
Hero's share in the two-wheeler market has slid to 33.4% in October 2019 from 46.2% in April 2012.
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Why should you invest in travel: 4 reasons to explore the world
From planning the perfect long weekend staycations or vacations for Ganesh Chaturthi to organising a full-fledged holiday during Diwali, the opportunities are endless!
FEATURED STORIES
View: How effective regulations can act as the lynchpin for growth View: How effective regulations can act as the lynchpin for growth
Effective regulations will deliver growth for both large corporations in bankruptcy courts and small businesses being...read more
Unable to pay home loan EMIs? Here is what you can do » 
After 15-year wait, troops to get new assault rifles » 
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How inclusive is your workplace? This story will make you look around

India's story has just begun India's story has just begun...
Amitabh Kant, CEO, NITI Aayog
Market Watch 14 Dec | 05:00PM|
SENSEX NIFTY USD/INR GOLD
41009.71
428.00
12086.70
114.90
70.81
-0.03
37805.00
261.00
MARKET NEWS
Buy on dips! Nifty structures are suddenly suggesting a bullish bias

Nifty50 continues to show bullishness as it heads towards the 12,100 level....

Phase-one China-US trade deal: what's in and what's missing?

The US and China announced Friday that they reached a phase-one trade deal but provided little detail about it....

Gainers Losers 14 Dec, 2019, 05:00PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Trident 7.50 12.44 1963295 7.8 6.75
UCO Bank 17.00 11.84 592317 18.0 16.0
Corporation Bank 25.75 8.42 312316 27.2 25.1
Union Bank of India 59.65 6.90 1338475 59.95 55.9
Indiabulls Housing Finance Ltd 309.30 6.09 5412572 315.6 292.05
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
Flying out of Delhi? Now, ask 'genie' to deliver food at IGI T3 boarding
Flying out of Delhi? Now, ask 'genie' to deliver food at IGI T3 boarding
In this railway station get water from air
In this railway station get water from air
Porsche launches Cayenne Coupe. Check price & features
Porsche launches Cayenne Coupe. Check price & features
​CAB protests in Delhi: Jamia Millia Islamia turns into war zone
​CAB protests in Delhi: Jamia Millia Islamia turns into war zone
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FROM THE NEWSPAPER
Govt puts some of country's top audit firms on its watch list

The audit regulator seeks info on audit processes, number of clients, non-audit work done for them and fees....

Rs 20,000-cr lifeline for India in 2 weeks

Govt aims to propel retail which will help pick the economy up from a six-year low growth rate....

This could be your best month to buy a car

Automakers are offering record high discounts in December, these range from 5% to 15%....

India's phone exports may be staring at an imminent collapse

Meity has warned that unless govt restores sops for phone exports, the $3 bn industry would collapse....

Wedding shopping: Malls are turning into one stop

The scene — replete with priests, wedding planners, décor, cake specialists, photographers, makeup artists and gifts ...

VIDEOS
Watch: 5 ways to avoid digital payment scams
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'I am Rahul Gandhi, not Rahul Savarkar'
ET More Newsletter'I am Rahul Gandhi, not Rahul Savarkar'
FASTag: Here's all you need to know
ET More NewsletterFASTag: Here's all you need to know
Priyanka Gandhi mocks Modi's slogan
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ET PANACHE
Twitter to become a hub of high-res images; platform will retain JPEG encoding for pictures
Twitter to become a hub of high-res images; platform will retain JPEG encoding for pictures
Humans can't trust AI, US-based Indian scientist feels lack of transparency is the reason
Humans can't trust AI, US-based Indian scientist feels lack of transparency is the reason
Former First Lady to the rescue: Michelle Obama defends Greta Thunberg, says 'ignore the doubters'
Former First Lady to the rescue: Michelle Obama defends Greta Thunberg, says 'ignore the doubters'
It will be a starry affair at 'The Simpsons': Cate Blanchett & David Harbour are heading to Springfield
It will be a starry affair at 'The Simpsons': Cate Blanchett & David Harbour are heading to Springfield
Read more from Panache
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Friday, December 13, 2019

What it takes to make a Jhunjhunwala? | Indian stocks that stand to gain from Brexit clarity | SBI MF loads up on PSUs

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DAILY BRIEF

Fri, Dec 13, 2019

#MasteringMidcaps#ETMGS#IPOs#ExpertViews#StockRecos
TOP OF THE DAY
What does it take to make a Jhunjhunwala? Not just Titan & Tata Tea
Rakesh Jhunjhunwala's rags-to-riches story has been truly inspirational!
Largest equity fund investor loads up on undervalued PSU stocks
UK-linked Indian firms that stand to gain from Johnson's win
After 50% returns, 2020 may be even better for Indian IPOs
F&O: Nifty needs to hold 12,035 to hit new lifetime high
Next 10 years, compounders will come from PSUs: Sanjay Dutt
Four factors behind Sensex's 428 point rally

Top Gainers

NSE
3 companies (largecap) appreciated more than 5%
Ibull HousingFin 6.11%
PNB 6.00%
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Top Losers

NSE
11 companies (largecap) price decreased more than -1%
Dr. Reddys Laborat -2.90%
Bharti Airtel -2.47%
More from Losers

52 Week High

NSE
28 companies touched new 52-week high today
Arman Financial 5.22%
IIFL Securities Ltd. 4.86%
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AdvertorialIndia, Germany to collaborate on Mumbai Metro and solar energy projects: German official
India and Germany will collaborate on Mumbai Metro and solar energy projects as part of a bilateral cooperation in energy and urban development sectors
AdvertorialEvolving Change in Consumer Behaviour for Individual Lending
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Prince Pipes and Fittings to launch Rs 500 crore IPO on Dec 18
The polymer pipes and fittings manufacturer has fixed a price band of Rs 177-178.
UK-linked stocks, PSU banks rally; 97 stocks give bullish signals
Tech View: Bullish candles on daily, weekly charts signal +ve bias
NBFC crisis poses more bad loan risks for banks: Moody's
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Deepak Nitrite Ltd. Buy
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10 little-known stocks jumped up to 1,500% in 2019
Some of the counters included have already more than doubled investor money since January.
Why Kotak Institutional raised RIL target price to Rs 1,825
A health check of NBFCs shows nascent recovery
Palm oil prices surge 40% in a year
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