Block deals in Wednesday's session
India Infoline News Service Apr-25-2018
Below is the list of block/bulk deals that took place on the NSE on Wednesday, April 25.
Axis Bank Q4FY18E Result Expectation
India Infoline News Service Apr-25-2018
We expect Axis Bank to report ~19% loan growth, driven by continued strong growth in the retail and SME segments.
Xiaomi eyeing $100bn IPO, vows to limit profits
India Infoline News Service Apr-25-2018
The Beijing-based company is promising to limit the net profit margin in its hardware business "forever to no more than 5%.
Yes Bank Q4FY18E Result Expectation
India Infoline News Service Apr-25-2018
We expect NIM to improve on yoy basis, owing to the lower cost of funds on account of CASA inflows and re-pricing of bulk deposits. Consequently, NII growth is expected to be healthy at 26% yoy.
Aluminum prices rise 2%
India Infoline News Service Apr-25-2018
Prices of the metal edged higher in Wednesdays session.
Dollar hits 3-month-high as Treasury yield hits 3%; stocks dip
India Infoline News Service Apr-25-2018
The greenback strengthened against almost every major peer, with the euro among the losers a day before the European Central Banks next rate decision.
What is SIP and its benefits?
India Infoline News Service Apr-24-2018
SIP stands for Systematic Investment plan, and it is a way to invest a fixed amount regularly in mutual fund schemes.
Reliance Focused Large Cap Fund and Reliance Mid & Small Cap Fund to merge into Reliance Focused Equity Fund
India Infoline News Service Apr-23-2018
Reliance Nippon Life Asset Management Limited has decided to merge Reliance Focused Large Cap Fund and Reliance Mid & Small Cap Fund.
Best Mutual Funds to Invest in 2018
India Infoline News Service Apr-21-2018
The best way to get the benefit from volatility is investing in mutual funds via Systematic Investment Plan (SIP). SIP is a way to invest via which investors can invest a fixed amount in a mutual fund for a defined period. SIP helps investors in Rupee Cost Averaging and follow a disciplined approach without worrying about the short-term volatility in the market volatility.
Aditya Birla SL Tax Savings Fund merges into Aditya Birla SL Tax Relief 96 Fund
India Infoline News Service Apr-20-2018
Aditya Birla Sun Life Mutual Fund has decided to merge Aditya Birla SL Tax Savings Fund into Aditya Birla SL Tax Relief 96 Fund. Both the funds are tax-saving schemes (ELSS), investments in which are tax deductible under section 80C of the Income Tax.
Changes in SBI Mutual Fund scheme attributes
India Infoline News Service Apr-17-2018
The main purpose of the circular is to standardize the scheme categories and characteristics of each category. The circular has suggested 36 sub categories in total within main categories such as equity schemes, debt schemes, hybrid schemes, solution oriented schemes and other schemes.
Mutual fund AUM at Rs21.36 lakh cr in March 2018
India Infoline News Service Apr-12-2018
The AUM of the mutual fund industry was up 21.7% from Rs17.55 lakh crore in March 2017.
Jaypee Infratechs lender unhappy with bids received; Seeks higher bids
India Infoline News Service Apr-17-2018
India Infrastructure Finance Company Ltd (IIFC), the second largest lender to Jaypee Infratech Ltd (Jaypee), is unhappy with the bids received for the company and has conveyed the same to IDBI, the biggest lender to Jaypee, media reports suggested.
Brent Crude Oil prices top $70; Oil refiners, Aviation, others feel the pinch
India Infoline News Service Apr-11-2018
Sectors like oil refiners, aviation, tyres, paints may have to bear the burden of rising crude prices as crude and crude derivatives are essential raw materials for companies within this sectors.
Smartlink board to consider buyback of shares; Shares locked in upper circuit
India Infoline News Service Apr-05-2018
Smartlink Network Systems Ltd, a Goa based IT networking products company, was locked in upper circuit on the stock exchanges today after it announced that it will consider buyback of shares in a meeting to be held on Apr 7, 2018.
Kansai Nerolac to acquire 100% stake in Marpol Pvt Ltd in an all-cash deal
India Infoline News Service Apr-05-2018
Kansai Nerolac Paints Ltd (KNPL), Indias third largest listed paints company, in a statement to the stock exchanges said that it will acquire 100% stake in Marpol Pvt Ltd (Marpol).
Zee Learn is in talks with MT Educare to buy a controlling stake
India Infoline News Service Dec-04-2017
Zee initially plans to buy the entire promoter share of 42.78%
K E C International undertakes restructuring of subsidiaries
capital market Oct-05-2017
K E C International undertakes restructuring of subsidiaries
Phoenix Mills, Canada firm acquires Bengaluru land for Rs650cr; Shares climb
India Infoline News Service Apr-23-2018
Phoenix Mills Ltd (Phoenix), in association with Canada Pension Plan Investment Board (CPPIB), has acquired a land parcel in Hebbal, Bengaluru for a total consideration of Rs650cr.
Rupee ends lower for the 5th straight session
India Infoline News Service Apr-20-2018
The Indian rupee closed at Rs.66.11/$1, ending lower against the dollar for the 5th straight session. The rupee ended at 66.11, down by 48 paise against the US dollar. The Indian rupee opened 29 paise down at 66.08 against the US dollar today.
Bonds yields surge tracking higher crude oil prices
India Infoline News Service Apr-20-2018
Today, the markets are expected to remain volatile and might react negatively.
RBI MPC minutes sounds a bit hawkish than the outcome
India Infoline News Service Apr-19-2018
RBIs deputy governor Dr. Viral V. Acharya stated that he is likely to shift decisively to vote for beginning of 'withdrawal of accommodation' in Junes meeting.
Rupee slips for the 4th straight day
India Infoline News Service Apr-19-2018
The Indian rupee fell for the 4th straight day against the dollar as crude oil prices jumped to their highest level in 3 years. The rupee was trading at 65.79, down by 13 paise against the US dollar. The Indian rupee opened 18 paise down at 65.84 against the US dollar today.
Indias cash woes a tale of logistic mis-match rather than just cash shortage
India Infoline News Service Apr-18-2018
The tight cash situation witnessed across various states in the country that pushed the government and Reserve Bank of India (RBI) into fire-fighting mode and is being colloquially called Demonetisation 2.0, seems to be a problem of logistical mis-management rather than just the shortage of cash as it is portrayed to be.
