Here are the stocks that are in news today:Results Today: IL&FS Engineering, Vadilal Industries, Reliance Communications, Tata Teleservices and Vaishno Cement Company are among the companies that will announce their quarterly numbers on November 15.Bharti Airtel: Q2 net loss at Rs 23,044.9 crore versus profit of Rs 118.8 crore, revenue rises 5% to Rs 21,131.3 crore versus Rs 20,147.8 crore YoY.Close Union Bank of India: Q2 net loss of Rs 1,193.6 crore against a profit of Rs 139 crore, NII up 16.6% to Rs 2,905.9 crore versus Rs 2,493.1 crore YoY. related news Omaxe Q2 profit falls 61% to Rs 4.25 crore Infosys back in the green after 3-day losing streak; share price up 3% Vodafone Idea: Net loss for the September quarter widened to Rs 50,921.9 crore from Rs 4,873.9 in the previous quarter.Dish TV: Q2 consolidated loss at Rs 91.4 crore versus profit of Rs 25.5 crore, revenue down 44% to Rs 893.2 crore versus Rs 1,594.3 crore YoY.Apollo Hospitals: The company reported a … [Read more...] about Stocks in the news: Bharti Airtel, ONGC, Vodafone Idea, Dish TV, Page Industries, Suzlon, SBI, Glenmark, CESC
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Farmers belonging to Madhya Pradesh began a 10-day strike on June 1 to seek better Minimum Support Price (MSP), a waiver for farm loans, higher compensation for damaged crops and full implementation of the MS Swaminathan report.Earlier this year, lakhs of farmers marched the streets of Mumbai with a similar demand from the Maharashtra government. It is important to understand what the Swaminathan Commission is and how its recommendations can help alleviate farmers’ distress.The Swaminathan Commission: InceptionClose On November 18, 2004, the government of India formed the National Commission on Farmers (NCF), with MS Swaminathan as its chairman. The main aim of the commission was to come up with a system for sustainability in farming system and make it more profitable and cost competitive in farm commodities. It also wanted to recommend measures for credit and other marketing steps. related news Jet Privilege goes for brand revamp; to be known as 'InterMiles' PM … [Read more...] about Explained: What is the Swaminathan Commission report and what are its recommendations?
Arunachal Pradesh, India's north-easternmost state, has been on the boil since last week. The protests, which quickly became violent, were against the probability of granting permanent residence certificates (PRC) to members of six communities.What triggered the violence?Arunachal Pradesh's capital, Itanagar, and the surrounding areas witnessed a spate of violence since February 21, after a Joint High Powered Committee (JHPC) reportedly recommended granting permanent resident certificates to non-native communities in Arunachal Pradesh. These communities include the Adivasi, Deori, Gorkha, Mishing, Moran and Sonowal Kachari.Close According to The Indian Express, the communities have been demanding a permanent residence status for a long time now. They have been living in the state for decades, and, in fact, were issued PRCs in 1992-93, but that was subsequently rescinded. related news Jet Privilege goes for brand revamp; to be known as 'InterMiles' PM Modi emplanes for New … [Read more...] about Explained | Why is Arunachal Pradesh on the boil?
The Nifty50 is expected to open higher on Friday tracking mixed trend in other Asian markets as investor sentiment remained fragile following weak data from China and Germany.Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 31 points gain or 0.26 percent. The Nifty futures were trading around 11,919-level on the Singaporean Exchange.The S&P BSE Sensex rose 170 points to 40,286 while the Nifty50 closed 31 points higher at 11,872 on Thursday.Close The Indian rupee on Thursday clocked its first gain after five sessions, closing 13 paise higher at 71.96 against the US dollar in line with domestic equities. related news What changed for the market while you were sleeping? Top 12 things to know Early on D-Street: Dip below 11,800-11,839 can be used to short Nifty with target of 11,700 Bharti Airtel expresses doubt over continuing operations as 'going concern' On the institutional front, FPIs were net sellers as they pull out Rs 562 cr from … [Read more...] about Market Headstart: Nifty50 seen opening higher; Bharti Airtel, ONGC eyed
Global brokerage houses remain bullish on Adani Ports and Special Economic Zone even though the stock fell nearly a percent intraday on November 13. The drop came after the company’s second-quarter earnings, reported November 11, fell short of expectations.While retaining an outperform call on the stock, Macquarie raised its target price to Rs 496 from Rs 470, implying 28 percent potential upside from current levels.It also raised company's FY20-22 EPS estimates by 5-6 percent, saying the balance sheet had ample headroom to fund expansion and acquisitions.Close Adani Ports lowered its volume guidance to 224-228 mmt for FY20 at 8-10 percent growth but was confident about meeting that guidance. "Cargo diversification in bulk, break-bulk and gas will give resilience," the brokerage said. related news Hot Stocks: Book profits in Nifty50 above 12,000-12,200 levels Ideas for Profit | What makes this contract manufacturer worth a shot? 'India's long-term outlook is good; … [Read more...] about Global brokerages remain bullish on Adani Ports after Q2 numbers, see over 20% upside