Nifty futures/Bank Nifty futures market closed on 8540/ 18680. According to technical analysis if Nifty future sand Bank Nifty future moves down-word in tomorrow treading session then 8456 will be small support for Nifty futures and 18512 will be small support for Bank Nifty futures.
Nifty futures/Bank Nifty futures market closed on 8465 / 18770 . According to technical analysis if Nifty futures
and Bank Nifty future moves up-word in tomorrow treading session then 8512 will be small resistance for Nifty
futures and at the same time 18856 will be small Resistance for Bank Nifty futures, if it break this level then then
Nifty futures can touch 8724 level and Bank Nifty futures can touch 19297 level in next few days.
Nifty futures/Bank Nifty futures market closed on 8465 / 18770 . According to technical analysis if Nifty futures
and Bank Nifty future moves up-word in tomorrow treading session then 8512 will be small resistance for Nifty
futures and at the same time 18856 will be small Resistance for Bank Nifty futures, if it break this level then then
Nifty futures can touch 8724 level and Bank Nifty futures can touch 19297 level in next few days.
Nifty futures and bank nifty future market closed at 10487/ 25669.according to technical analysis if nifty futures and bank nifty future moves up-word in upcoming treading sessions
Canara Bank reported missed the street estimates on net profit for Q2FY18. The NII for the quarter was 0.6% lower than estimated figure of Rs.2800 crore. While Net profit for the
quarter was 20% below the street estimates of Rs.325 crore
: The Market has opened in Green on Monday, The Nifty up by 8 point or
0.12 per cent at 8228 but below its crucial level of 8250. The US Job creation tumbled in
may, U
Weekly Derivatives Report :29 October 2019Axis Direct
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Nifty futures/Bank Nifty futures market closed on 8465 / 18770 . According to technical analysis if Nifty futures
and Bank Nifty future moves up-word in tomorrow treading session then 8512 will be small resistance for Nifty
futures and at the same time 18856 will be small Resistance for Bank Nifty futures, if it break this level then then
Nifty futures can touch 8724 level and Bank Nifty futures can touch 19297 level in next few days.
Nifty futures/Bank Nifty futures market closed on 8465 / 18770 . According to technical analysis if Nifty futures
and Bank Nifty future moves up-word in tomorrow treading session then 8512 will be small resistance for Nifty
futures and at the same time 18856 will be small Resistance for Bank Nifty futures, if it break this level then then
Nifty futures can touch 8724 level and Bank Nifty futures can touch 19297 level in next few days.
Nifty futures and bank nifty future market closed at 10487/ 25669.according to technical analysis if nifty futures and bank nifty future moves up-word in upcoming treading sessions
Canara Bank reported missed the street estimates on net profit for Q2FY18. The NII for the quarter was 0.6% lower than estimated figure of Rs.2800 crore. While Net profit for the
quarter was 20% below the street estimates of Rs.325 crore
: The Market has opened in Green on Monday, The Nifty up by 8 point or
0.12 per cent at 8228 but below its crucial level of 8250. The US Job creation tumbled in
may, U
Weekly Derivatives Report :29 October 2019Axis Direct
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
NIFTY FIFTY : - Last Week Equity benchmark Nifty traded in a range of 141 points between 8264 and 8123. As per expected line the Federal Reserve raised its benchmark interest rate by 25 basis points and Global Markets welcomed the move.
NIFTY FIFTY : The Equity benchmark open in a Positive note on Monday. The 50 Shares Nifty up by 48 points or 0.57 percent at 8376 or Above its Crucial Level of 8350.
The one of the key drivers of the rally in Domestic Market has been the Spread and
The Equity benchmark has opened in a positive note on Monday, the
Nifty50 is up by 10 points or 0.12 per cent at 8166. The Nifty has rallied almost 500 points
in last six to seven trading sessions
NIFTY FIFTY : - The benchmark Index Nifty closed at 8794 after making low of 8771 and a high of 8822 on Last Friday trading session. Nifty traded in a small range of 50 points throughout the day. The equity
benchmark Nifty opened in a positive note on Monday up by 26 points or 0.29 per cent at 8819. Indian
The Market has opened in a Negative bias on Monday with the Equity benchmark Nifty 50 was down 22 points or 0.25 percent at 8519. The Nifty 50 reversed a trend in Monday trade and surged nearly 100 points to hit a fresh 52 week high of 8641.
Telecom tower operator Viom Networks is reportedly planning for an initial public offering (IPO) by the end of the year The company is planning an IPO to fund growth and acquisitions, according to reports. A report said that the
company has revived talks to sell a stake to American Tower Corp (ATC). The company is expecting a valuation of around Rs 25,000 crore in an IPO, chief executive Syed Safawi added.
After two weeks of rally, the Indian equity markets seem to have taken a breather as indices ended almost un-changed. Benchmarks failed to carry forward the momentum as tumbling rupee, weak global cues and the no confi-
Epic Research is one of the reliable firm giving tips on the equity, commodity and currency section. Our research is based on the Indian and Global capital market done by the experienced team of analysts. Our company believes on the maximum customer support and instant solution of all the queries from the client's side.
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On the flip side, 10500 and 10600 put options added good amount of OI, suggesting immediate strong support around 10500-10550 levels. Maximum open interest concentration for April series is placed at 10700 call and
Choicebroking: Equityreports: Today, We may witness positive opening in Nifty around 7760 level on back of SGX Nifty and other Asian counters which is trading on positive note today.
The market has opened on a strong note Monday. The Nifty is up 51 points or 0.7 percent at 7561. Equity benchmarks remained strong in morning trade following positive global cues.
Last week, index started on cheerful note after an extended weekend and traded with positive note for first couple of days. However it showed a complete contrasting view on Wednesday due to some developments over the global trade war, resulting pull back in all the major world indices including Dow and HANG SENG futures. In the latter half of the week, market again lifted higher on the back of a smart recovery in US market.
CNX NIFTY - Markets recorded their weekly gain in this week, with the Nifty opening up for second week on Monday at 7869 after long time undervalued of index at 7750-7800. We witnessed a spirited recovery around
8000-8100 level helped by short covering as well as value buying.
Nifty futures/Bank Nifty futures market closed on 8569/ 18835. According to technical analysis if Nifty futures and Bank Nifty future moves down-word in tomorrow treading session then 8449 will be small support for Nifty futures and 18367 will be small support for Bank Nifty futures.
Nifty futures/Bank Nifty futures market closed on 8247 / 17915 According to technical analysis if Nifty futures
and Bank Nifty future moves up-word in tomorrow treading session then 8332 will be small resistance for Nifty
futures and at the same time 18432 will be small Resistance for Bank Nifty futures, if it break this level then then
Nifty futures can touch 8484 level and Bank Nifty futures can touch 18777 level in next few days. It will be hard
resistance for Nifty futures and Bank Nifty futures.
NIFTY FIFTY : -Nifty gave euphoric buying of 3.94% from its low of 7896 in last 4 days of trading session for the year 2016. Indian benchmark index Nifty is opened unchanged at 8175 and with major global markets
closed for the day. The Equity benchmark Nifty opened in a Positive note on Monday up by 25 points or 0.30
NIFTY FIFTY : - Last Week Equity benchmark Nifty traded in a range of 141 points between 8264 and 8123. As per expected line the Federal Reserve raised its benchmark interest rate by 25 basis points and Global Markets welcomed the move.
NIFTY FIFTY : The Equity benchmark open in a Positive note on Monday. The 50 Shares Nifty up by 48 points or 0.57 percent at 8376 or Above its Crucial Level of 8350.
The one of the key drivers of the rally in Domestic Market has been the Spread and
The Equity benchmark has opened in a positive note on Monday, the
Nifty50 is up by 10 points or 0.12 per cent at 8166. The Nifty has rallied almost 500 points
in last six to seven trading sessions
NIFTY FIFTY : - The benchmark Index Nifty closed at 8794 after making low of 8771 and a high of 8822 on Last Friday trading session. Nifty traded in a small range of 50 points throughout the day. The equity
benchmark Nifty opened in a positive note on Monday up by 26 points or 0.29 per cent at 8819. Indian
The Market has opened in a Negative bias on Monday with the Equity benchmark Nifty 50 was down 22 points or 0.25 percent at 8519. The Nifty 50 reversed a trend in Monday trade and surged nearly 100 points to hit a fresh 52 week high of 8641.
Telecom tower operator Viom Networks is reportedly planning for an initial public offering (IPO) by the end of the year The company is planning an IPO to fund growth and acquisitions, according to reports. A report said that the
company has revived talks to sell a stake to American Tower Corp (ATC). The company is expecting a valuation of around Rs 25,000 crore in an IPO, chief executive Syed Safawi added.
After two weeks of rally, the Indian equity markets seem to have taken a breather as indices ended almost un-changed. Benchmarks failed to carry forward the momentum as tumbling rupee, weak global cues and the no confi-
Epic Research is one of the reliable firm giving tips on the equity, commodity and currency section. Our research is based on the Indian and Global capital market done by the experienced team of analysts. Our company believes on the maximum customer support and instant solution of all the queries from the client's side.
Epic Research is one of the pioneer firm providing tips on equity, commodity and currency segments. Client's trust the Epic Research brand for delivery of most accurate and timely tips and instant solution of all the queries at a glance.
On the flip side, 10500 and 10600 put options added good amount of OI, suggesting immediate strong support around 10500-10550 levels. Maximum open interest concentration for April series is placed at 10700 call and
Choicebroking: Equityreports: Today, We may witness positive opening in Nifty around 7760 level on back of SGX Nifty and other Asian counters which is trading on positive note today.
The market has opened on a strong note Monday. The Nifty is up 51 points or 0.7 percent at 7561. Equity benchmarks remained strong in morning trade following positive global cues.
Last week, index started on cheerful note after an extended weekend and traded with positive note for first couple of days. However it showed a complete contrasting view on Wednesday due to some developments over the global trade war, resulting pull back in all the major world indices including Dow and HANG SENG futures. In the latter half of the week, market again lifted higher on the back of a smart recovery in US market.
CNX NIFTY - Markets recorded their weekly gain in this week, with the Nifty opening up for second week on Monday at 7869 after long time undervalued of index at 7750-7800. We witnessed a spirited recovery around
8000-8100 level helped by short covering as well as value buying.
Nifty futures/Bank Nifty futures market closed on 8569/ 18835. According to technical analysis if Nifty futures and Bank Nifty future moves down-word in tomorrow treading session then 8449 will be small support for Nifty futures and 18367 will be small support for Bank Nifty futures.
Nifty futures/Bank Nifty futures market closed on 8247 / 17915 According to technical analysis if Nifty futures
and Bank Nifty future moves up-word in tomorrow treading session then 8332 will be small resistance for Nifty
futures and at the same time 18432 will be small Resistance for Bank Nifty futures, if it break this level then then
Nifty futures can touch 8484 level and Bank Nifty futures can touch 18777 level in next few days. It will be hard
resistance for Nifty futures and Bank Nifty futures.
NIFTY FIFTY : -Nifty gave euphoric buying of 3.94% from its low of 7896 in last 4 days of trading session for the year 2016. Indian benchmark index Nifty is opened unchanged at 8175 and with major global markets
closed for the day. The Equity benchmark Nifty opened in a Positive note on Monday up by 25 points or 0.30
NIFTY FIFTY : - Last week Nifty made a new record high of 9367 the Index made a low of 9130 and closed at 9304. On Monday Benchmark index opened in a positive note up by 35 points or 0.37
per cent at 9339. most of the future listed stocks declared their Quarterly results better than
Nifty futures/Bank Nifty futures market closed on 8376/ 18779. According to technical analysis if Nifty futures
and Bank Nifty future moves down-word in tomorrow treading session then 8293 will be small support for Nifty
futures and 18436 will be small support for Bank Nifty futures.
Nifty futures/Bank Nifty futures market closed on 8376/ 18779. According to technical analysis if Nifty futures
and Bank Nifty future moves down-word in tomorrow treading session then 8293 will be small support for Nifty
futures and 18436 will be small support for Bank Nifty futures.
NIFTY FIFTY : - Last week market remain highly volatile, the benchmark Index Nifty opened at 9756 and made low of 9752. The Nifty Index rallied 200 points to make a high of 9948, however could not able to
sustain the momentum and closed at 9837. This week market remained highly volatile, the benchmark Index
NIFTY FIFTY : - Indian Benchmark Index Nifty on Friday closed at 8898 after making low of 8860, the index made a high of 8907 after opening at 8884. From last 2 week Nifty Index fell almost 1.05% from high of 8993.
NIFTY FIFTY : - Equity benchmark Index Nifty traded in a very narrow range last week by making a high of 9654 and low of 9561, but Indian shares showed good strength. Among the sectors,
Financial Services and Auto were in top. Small Cap has given an upside movement of around 1% last
Nifty futures/Bank Nifty futures market closed on 8444.60 / 18340. According to technical analysis if Nifty futures and Bank Nifty future moves up-word in tomorrow treading session then 8528 will be small resistance for Nifty futures and at the same time 18534 will be small Resistance for Bank Nifty futures,
NIFTY FIFTY : - On last trading session of previous week, Nifty 50 opened at 9375, made an all-time high of 9377 and closed at 9285 after taking support of its weekly low of 9270. Profit booking has been observed at higher levels since the US Jobs report and French Elections result were due.
NIFTY FIFTY : - The Equity benchmark Nifty 50 open in a Positive note on Monday up by 100 points or 1.17 per cent at 8533. Last week Indian benchmark Index Nifty fell 2.10
Percent. The Index opened at 8639 and closed at 8458 after making a low of 8425.
NIFTY FIFTY : - Indian Equity Benchmark Index Nifty 50 opened at 9159 on Friday Trading session. Nifty made a high of 9192 and closed at 9174, which was also its last day close. The Nifty
has started in a strong note on Monday trading session
Indian benchmark index Nifty closed at 8541.20 slightly down 0.002 per cent as on weekly basis. The benchmarks under-performed the Asian peers. Market is reacting with choppy amid be-cause GST Bill for discussion will present next week. In technical front Nifty index last week trading between range bound movement.
NIFTY FIFTY : - Last week Nifty showed profit booking as FII created sell position in the F&O. The Nifty Index made a high of 9699 and closed at 9575 after making a low of 9565. On Tuesday
27th June,the Nifty fell 142 points from day’s high. it opened at 9594, made a high of 9615 and closed
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NIFTY FIFTY : -Last week Equity benchmark Nifty traded volatile As the Index Nifty heavy weight stocks Announced it’s Quarter 4 Results, The Index opened at 9135 in positive note on
Monday trading session and made a high of 9225 and closed 9217 after making the low of
NIFTY FIFTY : - The Indian market ended the week on a soft Note, As Market were taken off on the News of the US FOMC meeting or ahead of US elections on 8 Nov. The Indian Equity
benchmark Nifty opened in Positive Note on Monday up by 28 points or 0.32 per cent at 8653.
Benchmark Index Nifty completed its weekly target of 8288 and made high of 8307. Nifty showed profit booking on last day of the week and was down by 0.36% on last Friday. On Friday, Nifty Spot
opened at 8283 and made a high of 8306, achieving its target of 8288. Nifty then corrected for the day to make a
U.S. President Barack Obama on Friday rejected the proposed Keystone XL oil pipeline from Canada in a victory for vironmentalists who campaigned against the project for
more than seven years.
Similar to Equity Research Report Ways2Capital 27 July 2015 (20)
Gold in the European market settled on Monday near the highest in a week sup-ported by the decline of the US dollar against a basket of currencies and thanks to this decline prices on
The Indian Equity market remained remained positive throughout last week as the indices posted a gain of 1.6 percent each largely supported by metal, auto, energy and infra stocks. The Nifty50 index managed to close above 11,000 for the first time since September 2018. Nifty gained 172 points in the truncated week ended March 8. On a weekly basis, the rupee rose over 1
Gold prices continued to fall on Monday dropping through the 1,290 level. The dol-lar continued to gain ground early despite the comment from President Trump that he does not want to see a stronger greenback. Late in the trading session the dollar
The Indian Equity market remained volatile in February weighed down by Indo-Pak tensions, US-China trade war concerns, rise in crude oil prices, concerns regarding lenders selling pledged shares, weak GDP data as well as mixed earnings from India Inc. The index was below its crucial psychological levels of 11000. The index fell down 0.36 percent in February. But in last week of
On Wednesday spot gold prices declined 0.13 percent to close at $1266.9 per ounce amid concerns about global economic growth and a partial U.S. government shut down although a rebound in investor risk appetite in the previous session lim-
After a weak start for a truncated week, the Indian indices recovered from the lows and ended with a percent gain. The Nifty was up 0.98 percent, or 105.9 points, to close at 10,859.9. Positive lead from Wall Street and rally in banking & financial stocks lifted investor sentiment. Ending the week with a Hammer candle implies further strength in the index in coming sessions. The
Gold traded on flat note on Friday after jumping more than 1 percent in the previ-ous session boosted by a crumbling dollar and as sliding stocks prompted an influx of safe haven bids after the U.S. Federal Reserve monetary policy stance aug-
Last week our Indian Equity market opened on a gap up not on Monday and continuing its previous week's momentum. It remained bullish till Thursdays session but Indian indices witnessed bloodbath in Friday trading session as Nifty closed 197 points lower at 10,754. Fears of a global slowdown spooked investors across the globe, including India on Friday. Global mar-
Gold prices steadied on Friday after slipping to a week low in the previous session supported by the uncertainty around the Federal Reserves next years policy out-look while the dollar strengthened on expectations of a rate hike next week.
Last week our Indian Equity market opened on a gap down not on Monday backed by most of the exit polls results indicating possible defeat of BJP in key states. It remained in pressure till 1st session of the Tuesday where after state assembly results came out in favor of congress. Which lifted the sentiments of the market and it recovered from lower levels and it remained
Gold traded firm near a five month peak hit early on Monday supported by a disap-pointing U.S. jobs data that fuelled speculation that the Federal Reserve may stop
Last week our Indian Equity market opened on negative note and remained bearish throughout the week. The December series kick-started on a volatile note with Nifty making swing high of 10,974 and a swing low of 10,611 to end the week with a loss of 1.4 percent. The IT sector outperformed while huge selling was seen in the pharma sector (mainly Sun Pharma), auto, metals,
Gold prices were steady early on Monday as the dollar weakened on U.S. China trade truce that revived investor demand for riskier assets. Spot gold inched up 0.1 percent to $1,222.97 per ounce at the time of writing. U.S. gold futures were up 0.2
The Nifty Bank index started the last week on positive note on Monday and extended its positive run in most of the trading session in the week . The Bank Nifty ended the November F&O expiry on an optimistic note and well above the previous hurdle of 26,400 to give index closing at 26,914 on positive note on weekly basis with gain of 3.50%. Participation was seen
Gold prices traded on flat note on Thursday after rising to a two week high in the previous session as the dollar slipped with uncertainty on the pace of interest rate hikes by the U.S. Federal Reserve also supporting the metal. Spot gold traded at
Last week our Indian Equity market opened on a gap up note but Nifty failed to hold on to its important resistance levels of 10700 and saw a sharp correction in the last 3 trading session that dragged the index below 10,550. The Nifty index closed at the week’s low level of 10,511 down by almost 1.46 %. Broad-based selling was seen in cement, pharma, technology and metal
Gold prices rose on Friday as investors sought safe haven assets amid fears of a chaotic departure for Britain from the European Union. Spot gold was up 0.2 per-
The Indian Equity market, which remained range-bound for first 3-4 session of the week showed some strength in Friday's trading session to ended the week on a positive note. The Nifty closed close to 0.90 percent higher week on week amid a mixed set of results from India Inc, some appreciation in the rupee, weakening crude oil prices and
Gold prices were steady on Monday having dipped to a one month low in the previ-ous session after the U.S. dollar firmed on the Federal Reserves plans to gradually keep tightening borrowing costs.
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Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
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As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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Equity Research Report Ways2Capital 27 July 2015
1.
2. TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )
Nifty futures/Bank Nifty futures market closed on 8540/ 18680. According to technical analysis if Nifty futures
and Bank Nifty future moves down-word in tomorrow treading session then 8456 will be small support for Nifty
futures and 18512 will be small support for Bank Nifty futures. If it break this level then then Nifty futures can go
down to 8291 level and Bank Nifty futures can touch 18139 level in next few days. It will be hard support for
Nifty futures and Bank Nifty futures. Meanwhile in up trend there is small resistance on 8607 for Nifty futures and
19798 is for Bank Nifty futures after breaking this level with volume there is big resistance for Nifty futures on
8793 and 19357 for Bank Nifty futures.
TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )
NIFTY
DAILY R2 R1 PP S1 S2
8776 8628 8554 8480 8332
WEEKLY R2 R1 PP S1 S2
9094 8742 8566 8390 8038
MONTHLY R2 R1 PP S1 S2
9534 8852 8511 8170 7488
BANK NIFTY
DAILY R2 R1 PP S1 S2
19530 19006 18744 18482 17958
WEEKLY R2 R1 PP S1 S2
20470 19382 18838 18294 17206
MONTHLY R2 R1 PP S1 S2
21813 19753 18723 17693 15633
MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS
NIFTY 8429 8347 8443 8433
BANK NIFTY 18676 18296 18409 18347
PARABOLIC SAR DAILY WEEKLY MONTHLY
NIFTY 8439 8015 9154
BANK NIFTY 19277 17266 20848
4. TOP 15 ACHIEVERS // TOP 15 LOOSERS
NEXT WEEK STARS (AS PER TECHNICAL ANALYSIS PRIDICTION )
1. RPOWER - RPOWER HAS BROKEN THE SUPPORT LEVEL OF 44.75 AND HAS TASTED THE
44.05 NOW IF IT BREAKS THIS LEVEL THEN FURTHER DOWNWARD MOVEMENT CAN BE
ACCEPTED UPTO THE LEVEL OF 42.
2. TATAPOWER - ON DAILY CHART IF TATAPOWER BREAKS THE LEVEL OF 71.40 THEN IT
CAN TEST THE LEVELS OF 69.70 AND 68.35.
3. PFC - IF PFC DOES’T BREAKS THE WEEKLY LOW OF 256 AND TRADES IN RANGE OF
263/266 THEN IT MAY TEST THE LEVEL OF 270/273.
4. ITC - ITC IS TRENDING UPWARD SINCE LAST MONTH THIS WEEK IF IT BREAKS 318 LEVEL
THEN 324/327 ARE POSSIBLE LEVELS.
5. ZEEL - ZEEL MAY CORRECT UPTO THE LEVEL OF 386/385 TO SHOW FURTHER POSITIVE
MOMENTUM THE LEVELS OF 400/402 HAS TO BE CROSED TO REACH UPTO THE LEVEL OF
412/417.
SR.N
O
SCRIPT NAME PREV
CLOSE
CMP % CHANG
1 TATAELXSI LTD 1289.55 1589.65 +23.27
2 JK TYRE & INDUS 87.30 104.10 +19.24
3 INDIABULLS
HOUSING
634.10 729.20 +15
4 PUNJAB CHEM 238.55 271 +13.60
5 INFOSYS 984.00 1088.00 +10.48
6 BEML LTD 1357 1485 +9.43
7 TATACHEMICAL 460.20 502.50 +9.19
8 CEAT LTD 716.50 781.95 +9.13
9 ASHOK LEYLAND 74.45 80.90 +8.66
10 GITANJALI GEMS 39.30 42.70 +8.65
11 LIC HOUSING
FINANCE
457.80 496.30 +8.41
12 MRF LTD 35646.80 38600 +8.28
13 VARDHMAN
TEXTILES
696.35 748.90 +7.55
14 TECH MAHINDRA 479.95 511.05 +6.48
15 ALSTOME INDIA 768.50 815 +6.05
SR.NO SCRIPT
NAME
PREV
CLOSE
CMP % CHANG
1 LUPIN LTD 1942.95 1672.10 -13.94
2 UNITECH LTD 7.85 6.85 -12.74
3 GOOD LUCK
STEEL
109.80 96.15 -12.43
4 DLF LTD 116.70 103.20 -11.57
5 JSW ENERGY 104.90 93.15 -11.20
6 FEDERAL BANK 77.60 69.70 -10.18
7 SUNPHARAM 929.75 836.20 -10.06
8 JP ASSOCIATED 11.65 10.50 -9.87
9 VEDANTA 145.50 132.45 -8.97
10 KTK BANK 150.95 137.60 -8.84
11 SKF INDIA 1445 1334.55 -7.64
12 JET AIRWAYS 349.50 323.870 -7.358
13 UNION BANK 171.60 159.50 -7.05
14 JINDAL ST&PWR 81.05 75.70 -6.60
15 AMBUJA CEMENT 255.20 240.15 -5.90
6. NSE - WEEKLY NEWS LETTERS
TOP NEWS OF THE WEEK
✍ Indiabulls Housing allot 49,700 equity shares on warrant conversion - Indiabulls
Housing Finance Ltd has announced that on July 13, 2015, the Company, has issued and
allotted 49,700 (Forty Nine Thousand Seven Hundred) Equity shares of face value Rs. 2/- each,
upon conversion oF warrants.Consequent to the said allotment, the paid-up Equity Share
Capital of the Company stands increased to Rs. 71,14,16,828/- divided into 35,57,08,414
Equity Shares of face value Rs. 2/- each.
✍ Jewellery stocks rally as Gold price fall - Shares of Jewellery stocks are in demand after
gold plunged 4% to its lowest in more than five years on Monday. The precious metal is dented
by the fact that vibes from US Federal Reserve and flow of economic numbers indicate that rate
hike this year is very much on the cards. A fall in gold prices is expected to boost revenues for
domestic jewellers in the forthcoming festive season. The beneficiaries have been jewelry
companies which are glittering on the bourses.
✍ Gitanjali Gems - Gitanjali Gems has jumped 13% at Rs. 44.20. On the BSE 11,59,000
shares have been traded at the counter as compared to its daily average volume of 76,000 shares
in the past two weeks. Shree Ganesh Jewellery rallied as much as 12 per cent, while
Tribhovandas Bhimji Zaveri surged 9.3 per cent in intraday trade.
✍ Rajesh Exports - Rajesh Exports was up 3.9% at Rs. 465. So far, the counter has seen
trades of around 720,000 shares as against the two-week daily average volume of 380,000
shares.
✍ FM to hold review meeting on PSU disinvestment - Finance Minister Arun Jaitley may
hold a review meeting on disinvestment plans for the fiscal, according to reports. A report says
that the meeting with Disinvestment Secretary Aradhana Johri would focus on the PSU stake
sale schedule of the fiscal.The government plans to raise Rs. 69,500 crore through PSU stake
sale in current fiscal.Of this, Rs 41,500 crore is to come from minority stake sale and another
Rs 28,000 crore from strategic sale.
✍ ACC down by 2% on Q1 results – ACC dropped 2 percent to Rs. 1,456 on the back of
poor Q1 earnings. ACC on Friday reported 45 percent drop in consolidated Q2 net profit of Rs.
133.4 crore in the quarter ended June 2015, as against net profit of Rs. 243.1 crore during the
previous quarter ended June 2014. The stock has hit a high of Rs. 1463.55 and a low of Rs.
1433.25. In BSE, the company's total traded quantity was around 0.75 lakh shares against two
weeks of average quantity of 0.22 lakh shares.
✍ UltraTech Cement surges 4% on Q1 results - UltraTech Cement boomeranged in trades
and emerged as the top gainer among the Nifty-50 stocks. The stock at first tumbled to a low of
Rs. 3,117 - down 3.3 percent from the previous close fearing poor results taking cues from the
ACC outcome. The stock, recouped losses and soared to a high of Rs. 3,369 - up as much as 8
7. percent in intra-day deals after the company reported a net profit of Rs. 591 crore, in line with
Street estimates.The company had reported a net profit of Rs. 628 crore in the corresponding
quarter a year ago.
✍ LIC Housing Finance Q1 net profit at Rs. 382 cr; NII at Rs. 659 cr -
The Company has posted a net profit of Rs. 3,821.339 million for the quarter ended June 30,
2015 as compared to Rs. 3,223.068 million for the quarter ended June 30, 2014. Total Income
has increased from Rs. 25,435.856 million for the quarter ended June 30, 2014 to Rs.
29,654.568 million for the quarter ended June 30, 2015.
✍ Tata Motors to invest Rs. 38,800 crore for its passenger and commercial vehicle
segment - Country's automative giant Tata Motors, plans to invest in heavily in order to
introduce pile of new products and technology in its both passenger and commercial vehicle
segment, according to media reports.For the current fiscal year, the company has targeted to
invest around Rs. 38,800 crore as a capital expenditure.Tata Motors has already declared Rs
3,000-4,000 crore capital investments this fiscal to boost all segments, the reports added.To lift
up its JLR, it will insert in the luxury car segment around 3.5 billion pounds. JLR has been
contributing profit for the entire group for past some years, but since last year it is not in good
shape, as it reported a heavy loss of 32.7%. This year would be a important year for JLR, as it
is upgrading its technological strengths via in-house R&D at its two engineering and design
centres in the UK.JLR will be soon introducing the Jaguar XE and the Discovery Sport across
the world this year.According to reports, the company roots for approval at its AGM on August
13 to lift up to 4,400 crore by way of non-convertible debentures (NCDs) on a₹
private-placement basis. The amount is expected to be raised over one year from the date of
passing the resolution.
✍ Hindustan Zinc Q1 net profit at Rs. 2,380 crore; Operating Margin at 45.7% -
The Company has posted a net profit of Rs. 19,208 million for the quarter ended June 30, 2015
where as the same was at Rs. 16,176.70 million for the quarter ended June 30, 2014. Total
Income is Rs. 41,938.90 million for the quarter ended June 30, 2015 where as the same was at
Rs. 37,245.60 million for the quarter ended June 30, 2014.
✍ Tata Steel expects steel margins to remain under pressure in Europe - Tata Steel Europe
is likely to continue with the restructuring of its UK operations.Cyrus Mistry, chairman, Tata
Steel Ltd reportedly said in the company’s annual report.Mistry added that the Adverse
currency movement and Chinese imports may force the company to undertake further asset
right-sizing.The company is expecting steel margins to remain under pressure in Europe in
2015.“The UK business of Tata Steel Europe is the most impacted by the surge of Chinese
imports as its domestic demand continues to be weak,” Mistry added in the annual report for
2014-15.Mistry also reportedly said that the global economy continues to be fragile and
uncertain especially with regard to the impact of the Chinese slowdown and the Eurozone
crisis. On 17 July, Tata Steel announced 720 job cuts at its Rotherham facility as part of its
business restructuring strategy.
✍ India is growing at much better rate than other economies - Finance Minister Arun
Jaitley warned of a threat to job creation if investments were blocked, says report. Jaitley
reportedly said that safety of workforce cannot be ensured without an increase in economic
8. activity. The minister said Indian economy was the fastest growing among major economies
with most of them facing challenges. Today we are proud that in this slow environment, when
all the countries are struggling, India is the fastest growing economy among other economies,"
added FM.
✍ India is not yet attuned for rapid change, says NR Narayana Murthy - India is not yet
attuned for rapid change. The Universities for Research & Innovation bill is pending for almost
ten years now. Our laws are still outdated. A company with foreign ownership of 50% is
deemed to be a foreign company despite being registered under the Indian Companies Act,
paying taxes in India and employing Indian employees.The land acquisition bill and GST needs
unanimous support from all stakeholders to make them more fair and acceptable to
corporations. India’s e-commerce boom is hardly a surprise and it’s perfectly fine for
youngsters in their 20s and 30s to hog the limelight on the back of massive market
valuations.There’s no need to question the model given the homework done by the said players
but they should keep in mind that the litmus test is still some distance away, when investors
will expect a decent return on their investments. Hence there’s a strong need to control costs,
manage options and generate profits.
✍ ONGC Videsh eyes Farzad gas field again - ONGC Videsh Ltd is planning to develop the
discovered Farsi (renamed Binaloud) block in the West Asian nation, according to reports.
OVL, along with its Indian partners Indian Oil Corporation and Oil India, had made the Farsi
discovery in 2008. OVL and team had begin exploration work as a service contractor but, under
Iran’s old rule. The new Iranian model offers more flexibility on cost recovery and capital
expenditure.
✍ Indiabulls Housing Q1 cons net profit at Rs. 511 Crore - Indiabulls Housing Ltd has
posted results for the first quarter ended 30th June, 2015. The consolidated net profit for the
quarter was at Rs 511 Crore. The company's consolidated total Income at Rs 1,829 Crore.
✍ Performance Highlights for the Quarter ended June 30, 2015 are - Gross and Net NPAs
have remained stable from Q4 FY15 and are at 0.85% of total advances & at 0.36%
respectively Net Profit for the quarter was Rs. 511 crore as against Rs. 424 crore in the
corresponding quarter of the previous year, showing a growth of 20.6% Net Interest Income
(NII) was Rs. 821.5 crore as against Rs. 652.4 crore in the corresponding quarter of the
previous year, showing a growth of 25.9% Balance Sheet size is at Rs. 53,959 crore as against
Rs. 46,359 crore in the corresponding quarter of the previous year. Total provision pool is Rs.
626.9 crore against gross NPAs of Rs. 456.9 crore, which is a provision cover of 137.2%.
✍ HDFC Bank slips after Q1 results - HDFC Bank pared gains and plunged into the negative
zone after the private sector bank announced its June quarter results. HDFC Bank's Q1FY16
net grew by 20.7 percent to Rs. 2,696 crore when compared with Rs. 2,233 crore in the
corresponding quarter a year ago. Total income rose by 26.3 percent to Rs. 16,503 crore from
Rs. 13,071 crore. The stock finally ended 1.8 percent lower at Rs. 1,095. The stock had
registered a fresh 52-week high at Rs. 1,128 earlier in the day
✍ SKF India plunges 4.7% after weak Q2 results - SKF India plunged 4.7 percent to Rs.
9. 1,384 after the company's net profit declined by 14.2 percent to Rs. 46.45 crore for the quarter
ended June 2015, as against Rs. 54.14 crore in a year ago period. The stock hit a high of Rs.
1,445 and low of Rs. 1,378 on BSE today. The total traded quantity was 7967 odd-shares and
two-week average quantity is 1,927 shares. The BSE benchmark index, the Sensex, opened
marginally (23 points) in red at 28,159, and soon slipped to a low of 28,071 on the back of
weak global cues.As the day progressed, the buying spread across sectors and the BSE Sensex
marched to a high of 28,546 - up 476 points from the day's low. The Sensex finally ended with
a gain of 323 points at 28,505 - its highest level since 16 April, 2015.
✍ Bajaj Finserv Q1 net profit at Rs. 4669Mn - Bajaj Finserv Ltd has posted a net profit after
taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs. 4669.00 million for the
quarter ended June 30, 2015 as compared to Rs. 3193.70 mn for the quarter ended June 30,
2014. Total Income has increased from Rs. 16299.30 mn for the quarter ended June 30, 2014 to
Rs. 22118.60 mn for the quarter ended June 30, 2015.
✍ Texmaco Rail net loss at Rs. 4.1 crore; Sales at Rs. 89.4 cr - Texmaco Rail Ltd has
announced the following results for the quarter for the period ended June 30, 2015. The
company reported a net loss at Rs. 4.1 crore for the quarter ended June 2015, as against Rs. 7.8
crore in a year ago period. During the period under review, the company's Total Income stood
at Rs. 90 crore Vs Rs. 42.1 crore for the above mentioned period.
✍ JSW Energy Q1 net profit at Rs. 2774.50 mn - JSW Energy Ltd has posted a net profit
after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs. 2774.50 mn for the
quarter ended June 30, 2015 as compared to Rs. 3254.70 million for the quarter ended June 30,
2014. Total Income has decreased from Rs. 26001.90 million for the quarter ended June 30,
2014 to Rs. 21760.90 million for the quarter ended June 30, 2015.
✍ Aurobindo Pharma falls on USFDA inspection - Aurobindo Pharma continues to trade
with a negative bias on the Bombay Stock Exchange (BSE), after media reported that the firm
came under the USFDA scanner during a recent inspection at its Unit 12 manufacturing site.
Following which, the stock tumbled all-the-way to a low of Rs. 718, and is now down over 1.5
percent at Rs. 736. So far 51,000 shares have changed hands at the counter as compared to its
two-week daily average volume of 248,000 shares.
✍ M&M Financial Q1 net profit at Rs. 1074.190 mn - Mahindra & Mahindra Financial
Services Ltd has posted a net profit after taxes and minority interest of Rs. 1074.190 mn for the
quarter ended June 30, 2015 as compared to Rs. 1695.092 mn for the quarter ended June 30,
2014. Total Income has increased from Rs. 13843.704 mn for the quarter ended June 30, 2014
to Rs. 15126.520 mn for the quarter ended June 30, 2015.
✍ Crompton Greaves Q1 cons net profit at Rs.16 Crore - Crompton Greaves Ltd has posted
a net profit after taxes, minority interest and share of profit of associates of Rs. 160.10 mn for
the quarter ended June 30, 2015 as compared to Rs. 640.20 mn for the quarter ended June 30,
2014. Total Income has decreased from Rs. 34725.80 mn for the quarter ended June 30, 2014 to
Rs. 32113.60 mn for the quarter ended June 30, 2015.
10. ✍ Axis Bank Q1 PAT at Rs. 1978 crore;Gross NPA at 1.38% - Axis Bank has posted a net
profit of Rs. 1978 crore for the quarter ended June 30, 2015 as compared to Rs. 1666.76 crore
for the corresponding quarter of the previous year, up by 18.69%. The company’s total Income
has registered 22.58% growth at Rs. 12234.41 crore for the quarter under review from Rs.
9980.47 crore for the quarter ended June 30, 2014 The gross NPA was at 1.38%.
✍ Biocon stock up 3% as Q1 net profit rises 23% - Shares of Biocon Ltd were trading
higher 3% at Rs. 472 on BSE today. The company’s consolidated net profit increased by
22.67% to Rs. 1,26.24 crore in Q1FY16 from Rs. 1,02.91 crore in Q1FY15. Total Income has
grown by 15.44% to Rs. 856.51 crore for the quarter ended June 30, 2015 from Rs. 741.95
crore for the similar quarter of the previous year. The stock hit a high of Rs. 478 and a low of
Rs. 469.05 on BSE today. Total traded quantity on the counter stood at over 2.16 lk shares on
BSE.
✍ Bank of Baroda advances as RBI lifts curb on FII buying - Bank of Baroda is trading on
a positive note near the highs of the day on the back of positive news flow. According to media
reports, the Reserve Bank of India (RBI) has lifted restrictions placed on foreign investors to
buy shares in Bank of Baroda, saying the limit has gone below threshold. The stock is now up
2.3 percent at Rs. 156. The counter has seen trades of around 109,000 shares as against the
two-week daily average volume of around 243,000 shares on the BSE.
✍ RBI grants Banking Licence to IDFC Bank - IDFC Ltd has informed BSE that the
Reserve Bank of India today has granted Banking Licence for undertaking banking business in
India under Section 22(1) of the Banking Regulation Act, 1949. Now, IDFC is up almost 4
percent at Rs. 159, and has seen trades of around 854,000 shares as against the two-week daily
average volume of 379,000 shares.
✍ Tech Mahindra announces partners for Intelligent Electric Vehicle Charging System
Project. - Tech Mahindra Ltd has announced partners for Intelligent Electric Vehicle Charging
System Project. This project is sponsored by Ministry of Energy and funded in part through
Ontaria Smart Grid Fund initiative.
✍ Wockhardt gains after completing inspection - Wockhardt is trading on a firm note on the
BSE in early morning deals, on the back of positive news flow. According to release issued by
the company to the BSE, Wockhardt which was under the scanner of the US Food and Drug
Administration (US FDA), on Thursday said that the American health regulator has completed
inspection of its Nalagarh facility in Himachal Pradesh. The stock rallied to a high at Rs. 1,538,
and is now up over 1.5 percent at Rs. 1,527. The counter has seen trades of around 41,000
shares, as against the two-week daily average volume of 161,000 shares.
✍ Wholesale onion price increase 70% in a month - The Wholesale onion price at
Lasalgoan in Maharashtra has increased up by 70% in just about a month, according to
reports.A report says that the prices in July usually tend to be higher because the supply goes
down.The onion was being sold at Rs. 25.50 per kg in Lasalgoan market, while the retail prices
are in the range of Rs. 35-40 per kg.The government increased the minimum export price
11. (MEP) for the commodity.
✍ Cairn India buyout offer is fair - Vedanta Limited reportedly said that its offer to buy out
minority investors in Cairn India was fair. Vedanta Chief Executive Tom Albanese stated that
the group was engaging with all minority shareholders, though a vote on the $2.3 billion deal
was likely to be held only in the last three months of 2015, says report. "In all cases, with every
shareholder, we have had the engagement, as you would expect we would," Albanese said. The
buyout deal, is the latest effort by Vedanta to simplify a complex structure.
✍ Alstom T&D India Q1 net profit at Rs. 19.6 crore; EBITDA Margin at 7.7% - Alstom
T&D India Ltd has announced the following Unaudited Standalone results for the quarter
ended June 30, 2015. The Company has posted a net profit of Rs. 195.8 million for the quarter
ended June 30, 2015 as compared to Rs. 284.4 million for the quarter ended June 30, 2014.
Total Income has increased from Rs. 6,734.6 million for the quarter ended June 30, 2014 to Rs.
8,117.6 million for the quarter ended June 30, 2015.
✍ Shasun Pharma dips marginally on Madras HC nod for merger - Shasun
Pharmaceuticals surged to a high of Rs. 407 amid reports that the Madras High Court approved
merger of the company with Strides Arcolab. The merger will be effective after Bombay High
Court and FIPB approvals.The stock, however, finally ended 0.5 percent lower at Rs. 392.On
BSE, around 51,000 shares have been registered against two weeks average quantity of 25,000
shares.
✍ Maruti Suzuki launches Nexa retail outler - Maruti Suzuki India, with a vision to sell two
million vehicles annually by 2020, has launched a new initiative called Nexa. These are retail
outlets, which will sell premium products, as Maruti looks to further cement its position as the
largest carmaker in India. As per media reports, company's upcoming S-Cross model would be
the first product to be sold from Nexa outlets. S-Cross will see a launch in the first week of
August, and comes with a price tag of Rs. 10 lakh. Nearly 100 Nexa showrooms will come up
across the country over the next six-eight months.
Top Economy news
The civil aviation ministry is likely to allow domestic airlines to pool their orders to purchase
aircraft. This would reduce costs for carriers because it would help them negotiate better terms
with aircraft manufacturers and bring down the overall associated costs.
Sowing of kharif crops was complete in nearly half the normal area as on Thursday as farmers
having rushed to plant their crops to take advantage of the moisture from the good June
showers. This is much better than in the corresponding period in 2014, when sowing was done
in only 33% area.
12. The BJP government in Maharashtra is exploring option to retires hige cost debt of Rs. 540 bn
of its three unbundled power companies by raising loans at lower interest rate.
With plans to set standards for alcoholic drinks including beer, whisky and rum among others,
central food safety watchdog FSSAI is likely to come out with a draft notification within a few
weeks.
Civil aviation ministry has said it is not planning to cap fares. The ministry which has been
receiving complaints from parliamentarians over unreasonable fare hikes in peak season said it
is not considering a mechanism for capping of airfares to curb predatory pricing.
The Rajya Sabha-appointed select panel on the Goods and Services Tax Bill has suggested that
States be compensated for loss of revenues arising from GST implementation for five years.
The investment of Employees Provident Fund Organisation (into equity markets could go
beyond 5% depending on the response from the initial investment of up to 5%, said Union
Minister for Labour Bandaru Dattatreya.
Nasscom President said that hiring in the IT sector will rise around 6% this year.
The price of onions, a staple that has sparked protests in the past and toppled state
governments, has jumped to its highest in nearly two years and could fuel food inflation as
scant rain delays plantings.
As of May 1, 2015 a total of 758 projects were on the monitor and of these 323 were showing
time overruns against their original dates of commissioning, Minister of State for Statistics and
Programme Implementation V K Singh said in a written reply in the Rajya Sabha.
Realty players fear that the Maharashtra government’s proposal to modify regulations for grant
of transfer of development rights in Mumbai based on road width will adversely impact
redevelopment projects across the city.
Ministry of mines has urged the Finance ministry to take steps to protect the domestic
aluminium industry that is facing a tough time.
India had 25.51 million broadband users in rural areas as compared to 73.69 million subscribers
in urban parts till March 2015, Parliament was.
The government has decided to update the National Population Register (NPR) and seed the
13. Aadhaar number in the NPR database.
The landmark Bill on GST won majority support of the Rajya Sabha Select Committee, which
endorsed almost all the provisions while also agreeing to demands of parties like TMC for a
five-year compensation to States.
Top Corporate News
Tata Motors has earmarked Rs388bn as capital expenditure for the current financial year. This
is an 11.20% increase over the Rs349bn the company had set aside in FY15
HDFC will raise up to Rs850bn crore by issuing NCDs as Tier-II capital in the next 12 months.
PTC India is eyeing increasing the number of medium-term power purchase agreements with
power generators and utilities.
HSIL Limited is entering the consumer products segment to diversify its business into other
product categories.
Mahindra and Mahindra entered the branded food business category with the launch of its
edible oil product through its agri-business division. The company launched the mustard oil
product for the eastern market and will expand it nationally.
Jet Airways announced hefty discounts on its business class fares of its domestic flights.
Maruti Suzuki India plans to hire around 2,500 relationship managers by the end of this fiscal
for its new retail outlets under Nexa brand to sell premium products, starting with its upcoming
S-Cross model.
Reliance Industries has decided to relinquish two gas discoveries off the east coast and opted
to carry out government prescribed confirmation tests to retain three other finds.
Nestle India has alleged that the government laboratories were not equipped to conduct lead
content test and hence a countrywide ban its popular snack Maggi noodles is "illegal".
ONGC Videsh Ltd has lost out on its bid for two oil blocks in Mexico's first licensing round in
88 years.
Sun Pharma expects to take a hit on profit for the fiscal due to the charges related to the
ongoing integration with Ranbaxy Laboratories.
Iran’s proposed new deal on oil exploration may make it attractive for ONGC Videsh Ltd to
develop the discovered Farsi block in the West Asian nation, now open for business with the
West lifting the sanctions.
Hero Motors group has appointed Pankaj Munjal as its Chairman and Managing Director. He
14. will replace Om Prakash Munjal, who led the company for more than 60 years.
RPP Infra Projects said it has won a Rs456mn contract in Chennai for a storm water drain
project.
Reliance Infrastructure led Mumbai Metro One will seek metro operational subsidy from the
state government to keep the fares lower, even as the fare fixation committee has recommended
its revision in the range of Rs 10 to Rs 110 for the over 11-km-long corridor.
Aptech Ltd has announced its partnership with Flipkart to provide skill-building programs to
train the sellers in upgrading their proficiency.
YES Bank has filed an appeal against the Bombay High Court judgment in the YES Bank and
Madhu Kapur case. The court order was made public on June 17 but had been stayed for
operations for a period of five weeks which ends on Tuesday.
Bosch plans to invest Rs4bn in its Chennai facility, which currently manufactures washing
machines.
Force Motors inaugurated its new engine manufacturing and testing facility near Chennai. The
facility will build and test engines and transmission for BMW cars and SUVs made in India.
Aiming for a dominant position in the mass-market sports utility vehicle segment in India,
Hyundai launched Creta with price starting at Rs 8.59 lakh .
The aluminium business of India's Vedanta Ltd has scaled down operations and may make
"huge" job cuts due to low world prices and rising imports.
Tata Power’s plans to sell its 30% stake in Arutmin mine in Indonesia for close to US$500mn
to Bakrie group of Indonesia is delayed due to a crash in coal prices and due to a debt
restructuring plan pending with the lenders.
Bharti Airtel said it has no plans to exit its African operations even as the company has entered
into talks with France-based Orange to sell four subsidiaries in the continent
HCC has been awarded a Rs7.85bn contract by Northeast Frontier Railway in joint venture
with Coastal Projects Ltd.
Indian Hotels Company, run by the Tatas, will open 14 new properties in India and abroad
this year. This will be twice the inventory company is set to open compared to last year.
Tata Power released its strategic intent until the year 2022, which lays emphasis on scaling up
the generation capacity and value-added businesses including services and trading. By 2022,
the company plans to increase the generation capacity from 8,750 MW to 18,000 MW with
20-25% from clean and green sources, 4,000 MW distribution and decentralised distribution of
electricity generation and 10x growth in value-added businesses.
TCS will be setting up a research and development at the International Institute of Information
Technology, Hyderabad with an investment of Rs. 200 mn.
15. Maruti Suzuki India launched retail outlets under Nexa brand to sell premium products as the
company looks to further consolidate its position in the domestic market.
Lupin Ltd said it had agreed to buy privately-held generics company Gavis for US$880mn to
strengthen its presence in its largest market, the United States.
Tata Motors is targeting to nearly treble its exports to about 1.5 lakh units in the next 3-4
years.
Mahindra & Mahindra unveiled a new version of its off-road vehicle Thar at Rs 8.03 lakh
(ex-showroom Nashik).
Sun Pharmaceutical Industries may relegate the manufacturing facility at Paonta Sahib in
Himachal Pradesh for supplies to markets other than the US.
Adani Ports and Special Economic Zone Ltd raised US$650mn via its debut dollar bond
issue and the proceeds will be used to refinance foreign currency denominated debts and fund
capital expenditure.
Mahindra & Mahindra has no plans to foray into commercial aviation space, the company
said in statement.
Glenmark Pharmceuticals launched its “low-cost anti-diabetic” drug to treat Type 2 diabetes,
which it claims will be sold at half the price of similar molecule of competitors.
Adani Ports has launched its debut dollar bond to raise upto US$1.5bn.
Heritage Foods Limited is looking for a potential joint venture with a leading European
company to collaborate on value added dairy products for domestic as well as overseas market.
JSW Energy, part of the JSW Group has tweaked its growth strategy. The company will not
pursue investments in green field projects but go in for the acquisition of stressed power
projects.
Isuzu Motors India launched the automatic variant of its sports utility vehicle MU-7 priced at
Rs 23.9 lakh .
GVK Power & Infrastructure Ltd will seek shareholders nod for an enabling resolution to
facilitate the company raise up to Rs10bn, with a Greenshoe option to retain higher
subscription of about Rs5bn.
Apollo Tyres has launched a new tyre in Indian market that promises to run up to 1 lakh kms
and beyond. Jointly developed at global R&D centres in Chennai and Netherlands, the tyre
Amazer 4G Life is targetted at the mileage conscious customers.
In order to strengthen its motorcycle business in international markets, Eicher Motors MD &
CEO Siddhartha Lal has decided to relocate to the UK for a year, starting next month.
Cyient Limited announced the acquisition of Global Services Engineering Asia, based in
Singapore, from Pratt & Whitney Services Pte Limited. This site provides repairs, development
and validation for aero gas turbine engine components in support of Pratt & Whitney
throughout the region.
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