Daily Newsletter

Vedanta to set up steel plant in Jharkhand in JV with JSMDC. Bharat Fin assigns 540 cr loans to PSU banks on direct assignment Hotels In Focus: 18% GST rate on tariffs between 2,500-7,500 above that GST will charge @ 28%. So two & three star hotels to be focused....

Daily Newsletter

Warburg Pincus affiliate to buy 43% stake in Tata Technologies for $360 million. Warburg Pincus affiliate to buy 30% stake from Tata Motors and entire 13% stake held by Tata Capital. Tata Technologies is a subsidiary of Tata Motors. Rel Com Seeks To Fast-track Sale Of...

Daily Newsletter

FOMC ups rate by 25 bps. Government to soon unveil new shipbuilding policy. Traders want sugar to be out of GST ambit , good for Maharashtra sugar Wockhardt Gets Tentative US FDA Nod For Bendamustine Hydrochloride Injectable, Used To Treat Different Types Of Cancer...

Daily Newsletter

Greaves Cotton Inks Pact With Pinnacle Engines To Grant License For The Manufacture And Sale Of Internal Combustion Engines. M&M to sell stake in Mahindra Logistics via IPO. MCX: SEBI allows Commodity Derivatives Exchanges to introduce options trading New RBI...

Daily Newsletter

India May CPI combined inflation 2.18% versus 2.99% Apr India Apr industrial growth 3.1% versus 6.5% year ago Modi to meet Trump on Jun 26; terror, H-1B visas likely on agenda. Good for IT stocks. TTSL, Aircel , Reliance Jio meet Inter- Ministerial group with their...

Trading Call: United Spirits

Trading Call: United Spirits The FMCG Index continues to remain a relative outperformer among all sectoral indices and consequently we pick our next week’s bet from this sector as well. McDowell-N (CMP: 2376) There are several short term bullish characteristics in...