Countdown

 
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  Mon to Fri @ 2:30 PM   |   Anchor: Abha Bakaya

Countdown tracks the breaking business news and top stories in the lead-up to the closing of markets.


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Trinamool Congress supports GST

Aug 03 2016

August 3: It’s D-Day for what can be touted as India's biggest tax reform. The much anticipated GST Bill finally heads for its biggest test in the Rajya Sabha today. Consensus estimates the bill to clear the Rajya Sabha hurdle without any hiccups. To discuss the impact of the GST Bill, Abha Bakaya of BTVI is joined by Chandrajit Banerjee, Director General, CII.

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GST: biggest tax reforms looms

Aug 03 2016

August 3: It’s D-Day for what can be touted as India's biggest tax reform. The much anticipated GST Bill finally heads for its biggest test in the Rajya Sabha today. Consensus estimates the bill to clear the Rajya Sabha hurdle without any hiccups. To discuss the impact of the GST Bill, Abha Bakaya of BTVI is joined by Amit Kumar Sarkar, Partner, Grant Thornton India and Anita Rastogi, Partner, Indirect Tax, PwC.

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Faircent: Peer-to-peer lending

Aug 01 2016

August 1: Bringing lenders and borrowers on the same platform, Faircent is leading the way on peer-to-peer lending in India. Today on Rising Stars, Abha Bakaya of BTVI is joined by Rajat Gandhi, Founder and CEO at Faircent, to talk more about the same.

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Exclusive: GST push: FM meets regional leaders

Jul 28 2016

July 28: In an effort to build consensus on GST the Finance Minister met with leaders from various regional parties to get them on board. Ashutosh Kumar of BTVI is standing by with more details. Watch to know more about the same.

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Asus' new & compact P3B projectors

Jul 27 2016

July 27: Global motherboards and computer accessories leader Asus has launched a new range of portable projectors - the P3B. This battery-powered projector is the size of a CD case and has a brightness of 800 lumen. But is it worth picking up? Shilpa Ranipeta of Bloomberg TV India has the review. Watch to know more about the same.

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Dabur reports stable Q1

Jul 27 2016

July 27: Dabur stock in great structure as it posts a stable Q1 from the organization with sound uptick in edges.To examine more about the quarter passed by, Abha Bakaya of Bloomberg TV India is joined by Sunil Duggal - CEO at Dabur India.

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Longchamp ties-up with Radha Kapoor

Jul 26 2016

July 26: As further proof of Indias growing interest in luxury goods, the French family-run luxury house Longchamp that makes luggage, handbags, accessories and a growing portfolio of products is now in India. To discuss more about their company plans ahead, Vikram Oza and Abha Bakaya of Bloomberg TV India are joined by Jean Cassegrain , Global CEO, Longchamp and Radha Kapoor, Founder & Director, Do It Retail Brands.

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Symphony posts stable Q1

Jul 26 2016

July 26: Symphony reported earnings a little while ago with revenues coming in at Rs.152 Cr and profits of 31 Cr. To discuss the quarter gone by, Abha Bakaya of Bloomberg TV India is joined by Nrupesh Shah, Executive Director at Symphony.

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NPA mess strikes SME sector

Jul 26 2016

July 26: Dipak Gupta of Kotak Mahindra Bank says 'Acche Din' for the economy will help the NPA stress moderate. The Joint MD of the bank believes that the SME sector will not be able to absorb any further shocks going ahead. Nivrita Ganguly of Bloomberg TV India caught up with him to talk more in detail about the same.

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Welspun India Q1 PAT up 24%

Jul 26 2016

July 26: Welspun India posts a steady first quarter with the profit rising 24% to 327 Cr. To discuss the quarter gone by, Abha Bakaya of Bloomberg TV India is joined by Altaf Jiwani, CFO at Welspun India.

Indian Markets

 
  • SENSEX

    32,028.89 124.49   (0.39 %)
  • NIFTY

    9,915.25 41.95   (0.42 %)

Global Markets

 

Stocks In News

 

IDBI BANK

Mint Reports:

Steps up sale of non core assets

Seeks to offload 5% in CCIL to strengthen its weak capital base

Aiming to garner Rs 5,000 Cr through such sales

In June, the Bank sold 2.5% stake in CCIL

 

ABG SHIPYARD

Agrees to go ahead with insolvency proceedings

JAYPEE INFRA

Business Standard Reports:

NCLT gave Jaypee Infratech time till 4 Aug

To respond to a petition of insolvency filed by IDBI Bank

Company owes Rs 4000 Cr to IDBI, total dues to all banks are Rs 9,365 Cr

COAL INDIA

Business Standard Reports:

NCLT has stayed rulings by the Competition Commission Of India

Coal India had abused it's dominant position

In framing fuel supply agreements with Gujarat Heavy Chemicals and MP Power Generating Company

JSW CEMENT

Plans to double output in 3 years

Indigo

Economic Times Reports:

Promoters plan stake sale to meet norms

Indigo is planning an institutional share sale

The sale aims at cutting its owners stake to achieve min public shareholding of 25%

The company must sell 10.85% stake worth Rs 4900 Cr

BAJAJ AUTO

Economic Times Reports: May join KTM in race to buy Ducati

Bajaj owns 48% stake in KTM

KTM is said to be closing on the European brand

ONGC- HPCL UNION

FM to head panel for ‘Quick Decisions’ on ONGC- HPCL Union

Nitin Gadkari, Dharmendra Pradhan to assist Jaitley in taking calls on timing and pricing of deal

ICICI BANK

Financial Express Reports:

Opposes Ramasarup insolvency petition at NCLT

First time a bank opposes a defaulters initiation to insolvency

ICICI Bank exposure stands at Rs 70 Cr

V- MART

GMO buys 2.9 Lk shares of V-Mart Retail at Rs 1,143 Per Share

Fidelity sells 4.4 Lk shares

 

BYKE HOSPITALITY

Wasatch buys 6 Lk shares of Byke Hospitality at Rs 190 Per Share

Wasatch already owns over 17 Lk shares in the company

GRAPHITE INDIA

Morgan Stanley buys 12 Lk shares of Graphite India at Rs 196.4 Per Share

FOOTWEAR STOCKS IN FOCUS

Economic Times Reports:

Rs 2600 Cr incentive package for leather sector likely soon

Incentive package to boost exports and job creation

Package has already been approved by the expenditure finance committee

RALLIS INDIA LTD

Monetises investment in Advinus for Rs 17.3 Cr

WELSPUN CORP

Bags order for supply of 1 Lk MT Pipes

Current order book crosses 699K MTs Pipes

Order book worth Rs 4200 Cr

BHARTI AIRTEL

Allegations made by RJio regarding Airtel Earning Excess Revenue is false

Industry cost for bill & keep regime with Zero Mobile Terminated Charge (MTC) will be Rs 15-20,000 Cr

Zero MTC will allow Jio to price services in a predatory manner

Jio wants Zero MTC for transferring cost to Airtel and other operators

TRAI's MTC of 14 Paise is below current cost of 35 Paise per minute

Airtel looses Rs 550 Cr Per Quarter due to under pricing of MTC

BALAJI TELEFILMS

To issue 2.52 Cr shares to RIL for Rs 413 Cr at Rs 164/Share

Deal values Balaji Tele at Rs 1600 cr

RIL picks up 24.9% stake in the Co

JP ASSOCIATES

Rakesh Jhunjhunwala Picks Up 1.03% Stake In Jaiprakash Associates in Q1

Jaiprakash Associates up 178% in 2017

STERLITE TECH/ HFCL/ AKSH OPTIFIBRE

Telecom Officials: Expect to award work for BharatNet Phase II by October-End

State-Run, Private Players expected to bid for BharatNet Phase II

JET AIRWAYS

Sources To Reuters: To cut pay of junior pilots by 30-50% from Aug 1

Jet has asked junior pilots to take 30% cut in their salaries or leave the organization

Jet is facing pressure on profitability

Pilots will be offered 10 days leave and will be paid for only 20 days in a month

MAHINDRA CIE: Q1FY18 REVIEW (YOY)

Sales up 12.2% at Rs.503 Cr Vs 448 Cr

EBITDA up 4% at Rs46.6 Cr Vs Rs 44.7 Cr

EBITDA Margins down 70bps at 9.2% Vs 9.9%

Net Profit up by 54% at Rs 17 Cr Vs Rs 11 Cr

ZENSAR TECH: CONSOL REVIEW Q1FY18

Sales up 5% at 756.91 Cr Vs Rs 720.51 Cr QoQ

EBITDA up 166% at Rs 95.04 Cr Vs Rs 35.71 Cr QoQ

EBITDA margins at 12.5% Vs 5% QoQ

Net Profit up 348% at Rs 48.08 Cr Vs Rs 10.73 Cr QoQ

RBL BANK: Q1FY18 REVIEW(YOY)

Net Profit up 44.87% at Rs.141 Cr Vs Rs.97.34 Cr

NII up 54.66% at Rs.378 Cr Vs Rs.244 Cr

GNPA Ratio at 1.46% vs 1.2% QoQ

NNPA Ratio at 0.81% Vs 0.64 % QoQ

CUPID LTD: Q1FY18 RESULTS REVIEW (YOY)

Revenue up by 21% at Rs 19 Cr Vs Rs 16 Cr

EBIDTA up by 13% at Rs. 6.58 Cr Vs Rs.6.41 Cr

EBIDTA Margin down by 700 bps at 33.5% Vs 40%

Net Profit up by 12.86% at Rs 4.3 Cr Vs Rs 3.8 Cr

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