News of the day – 02 Apr 2019

Economic Times Business Standard Ø  Core sectors’ growth slows down to 2.1 pc in Feb Ø  ONGC gas output jumps 6.5 pc to record high in FY19 Ø  RBI reshuffles lead bank responsibilities post merger Ø  Ferrero to buy biscuit biz’s of Kellogg for $1.3 bln Ø  Saudi Aramco world’s most profitable co in 2018 Ø  RBI to hold second round Read More

India Events Calendar Apr-Jun 2019

Events that Will Likely Drive the Market : 2-Apr : India Local Car Sales for Mar 4-Apr : RBI Monetary Policy Review 10-12 : Apr 4QF19 earnings season begins 11-Apr : General Elections commence 12-Apr : Monthly CPI YoY% for Mar 12-Apr : Industrial Production YoY for Feb 14-Apr : Fortnightly Credit Growth Update 15-Apr Read More

Tower Talk – March 01 – 07, 2019

The government is adamant to increase the output and sales of Coal India to cater to the rising demand for coal. A good dividend yield is likely soon. Buy. Lupin has received the ‘European Good Manufacturing Practice’ certificate for its Mammalian facility in Pune where it plans to manufacture a biosimilar drug – Etanercept. A Read More

News of the day – 01 Apr 2019

Economic Times Business Standard Ø  75 power companies have debt of Rs 2.24 lakh crore Ø  Welspun Corp to sell assets worth Rs 940 crore Ø  India to be among top-10 media markets by 2021: Study Ø  ILFS Securities files case against Delhi Police’s EOW Ø  Govt notifies new accounting standard on leases Ø  DGH Read More