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Wednesday, December 18, 2019

Round 1 of India's biggest corporate battle goes to Cyrus Mistry

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THE ECONOMIC TIMES
Wed, Dec 18, 2019 | 04:49 PM IST

Daily Newsletter

NCLAT puts Mistry back at Tata helm, calls sacking illegal

The order will take effect after four weeks and Tata has the option to challenge it.

India facing Great Slowdown, heading to ICU: Ex-CEA

"Clearly, this is not an ordinary slowdown. It is India's Great Slowdown, where the economy seems headed for the inte...

SC to examine validity of Citizenship Amendment Act

"We are not going to grant a stay," the bench said, adding arguments on granting stay can be advanced on January 22, ...

The $680-mn question of how much Anil Ambani really knew

Ambani will get his day in an English court to prove his lack of awareness. The bar is high, though.

Are green shoots of revival visible?
A survey suggests there is an improvement in private capital formation, driven by foreign firms.
More From our Partners
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
From pizza to polls, reasons behind Tata-Mistry tiff From pizza to polls, reasons behind Tata-Mistry tiff
The tribunal in a ruling on Wednesday said Cyrus Mistry's dismissal as the chairman of Tata Sons was illegal....read more
Apple, Google among tech firms sued over child labour » 
Infy to pay California $800K over foreign workers' visas » 
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How inclusive is your workplace? This story will make you look around

There is no going back on the Citizenship Act; the government is firm like rock on its implementation There is no going back on the Citizenship Act; the government is firm like rock on its implementation...
Amit Shah, home minister
Market Watch 18 Dec | 04:49PM|
SENSEX NIFTY USD/INR GOLD
41558.57
206.40
12221.65
56.65
71.01
0.02
37982.00
42.00
MARKET NEWS
650 stks halved investor wealth in a winners-take-all market

For every three stocks that gained, 10 others lost value during the year. ...

2 stocks defy sectoral blues, rally 46% in a yr

The two companies have debt-equity ratios of less than 1....

Gainers Losers 18 Dec, 2019, 04:49PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
KRBL 264.60 19.49 180301 265.7 224.3
Prestige Estates Projects 360.40 9.89 93825 365.75 331.6
New Indian Assurance 141.65 6.07 123120 145.0 140.1
DBL 417.65 5.94 89576 424.4 398.15
ORIENTELEC 195.00 5.55 18854 197.7 183.55
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
Bengaluru Cake Show: Chandrayaan-2, Kathak dancer on display
Bengaluru Cake Show: Chandrayaan-2, Kathak dancer on display
Startups provide unusual ways to earn money
Startups provide unusual ways to earn money
8 biggest data leaks of 2019 that hit Indian users hard
8 biggest data leaks of 2019 that hit Indian users hard
What came out from the newly discovered 3,500-year-old royal tombs in Greece
What came out from the newly discovered 3,500-year-old royal tombs in Greece
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FROM THE NEWSPAPER
Goyal on why India will go slow on trade pacts

India will not sign any free trade pact in a hurry or to the disadvantage of industry and exporters, Goyal said....

P4 foils China's attempt to discuss Kashmir at UNSC

The US, France, UK & Russia, backed by Germany & Indonesia, nixed China's proposal to discuss Kashmir at a closed-doo...

GST fraud: Govt may give taxman more teeth

The govt is set to tweak GST law that would allow taxman to block input tax credit of cos if they suspect fraud....

As scrap, Naval aircraft carrier Viraat finds no takers

The e-auction followed the Navy's decision to sell the oldest aircraft carrier as scrap as plans to convert the iconi...

India Inc says tax cuts for you can wait

The government must focus on increasing infrastructure spending for growth to pick up, CII president said....

VIDEOS
NCLAT restores Mistry in Tata Sons
ET More NewsletterNCLAT restores Mistry in Tata Sons
Nirbhaya case: Next hearing on Jan 7
ET More NewsletterNirbhaya case: Next hearing on Jan 7
Growth, not FISC, top priority: FM Sources
ET More NewsletterGrowth, not FISC, top priority: FM Sources
Nirbhaya convict review plea rejected
ET More NewsletterNirbhaya convict review plea rejected
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ET PANACHE
Power play: Mukesh Ambani, SRK, Ekta Kapoor get a spot on Variety's 500 Most-Important People list
Power play: Mukesh Ambani, SRK, Ekta Kapoor get a spot on Variety's 500 Most-Important People list
Indians want to travel with family during Christmas-NY break; Dubai, Australia most-preferred destinations
Indians want to travel with family during Christmas-NY break; Dubai, Australia most-preferred destinations
Strike a pose, and then another: Instagram now allows users to add multiple photos in a single story
Strike a pose, and then another: Instagram now allows users to add multiple photos in a single story
G Sathiyan does a 2019 flashback, says year taught him that one goal can be achieved in many ways
G Sathiyan does a 2019 flashback, says year taught him that one goal can be achieved in many ways
Read more from Panache
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Tuesday, December 17, 2019

What gave Sensex 413-point lift? | Taleb picks crypto, gold over bonds & stocks | Should you invest in Prince Pipes IPO

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DAILY BRIEF

Tue, Dec 17, 2019

#StockScreener#MarketMoguls#IPOs#ExpertViews#StockRecos
TOP OF THE DAY
Sensex, Nifty scale record highs: 4 factors that drove the rally
Foreign investors have turned bullish and have poured over Rs 800 crore into India equity markets. In the 30-s...
Avoid bonds & stocks; invest in crypto, gold, says Nassim Taleb
Tech View: Nifty forms a bullish candle, may create a double top
F&O: Nifty forms higher highs, lows for 4th session, poised to gain more
Big Bull's portfolio bleeding! 24 stocks down up to 90% for 2019
Prince Pipes: All you need to know about IPO
Kolte-Patil surges 14%; metals shine; Pharma, realty decline

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
Avenue Supermarts Ltd. 6.41%
More from Gainers

Top Losers

NSE
1 company (largecap) price decreased more than -3%
Whirlpool India -4.14%
More from Losers

52 Week High

NSE
31 companies touched new 52-week high today
Federal Mogul 19.23%
R Systems Intnl 8.94%
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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
Bureau Score Evolution – Capturing the changing retail lending landscape | Interpreting the bureau scores as evolved over time | How the CreditVision® Score works?
Up 1,000% in 10 years, this bank seeks next growth curve
At 2.3 times September FY21 adjusted book value, the stock's valuation looks attractive.
Indian business is going through cleansing and purging: Uday Kotak
What makes index fund different from ETFs?
Kotak Bank best suited to acquire YES, say two top bankers
RECOMMENDATIONS
Glenmark Pharmaceuticals Ltd. Buy
Indraprastha Gas Ltd. Buy
Jubilant Life Sciences Ltd. Buy
Vedanta Ltd. Buy
Eicher Motors Ltd. Sell
India will continue to see rapid consolidation: Uday Kotak
We are at a time where clean business and governance is coming to the fore, Kotak said.
SBI MF IPO to come before general insurance: Rajnish Kumar
Valuations don't matter to us, growth does: Mark Mobius
Is RBI fighting a losing battle for rate cut transmission?
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