EOD update 06-05-2019

Government Sees Little Scope For Jet Airways Revival: Report

Parties that had initially expressed interest in Jet Airways have so far failed to come forward with firm bids to bail it out

Buffett’s 2,472,627% gain fueled Berkshire billionaire families

Sebi may be asked to relax 75% promoter stake norm for PSBs

Vodafone Idea promoters contribute Rs 17,920 crore to rights issue following over-subscription

IHF slips 3% on change in merger agreement with LVB
An ET report suggested, IHF and its subsidiary Indiabulls Commercial Credit (ICC) will be merged into Lakshmi Vilas Bank.

NIIT Tech Consolidated March 2019 Net Sales at Rs 972.20 crore, up 23.25% Y-o-Y

Capri Global Consolidated March 2019 Net Sales at Rs 176.97 crore, up 63.23% Y-o-Y

Ratan Tata Invests In Ride-Sharing Major Ola

Ola Electric is currently running several pilot projects involving charging solutions, battery swapping stations, and deploying vehicles across two, three and four-wheeler segments.

ICICI Bank Share Price Slips Ahead Of March Quarter Earnings

ICICI Bank’s net profit in the October-December quarter fell 2.74 per cent to Rs 1,604.91 crore from Rs 1,650 crore during the same period last year.

SC On April 30 Accepted Forensic Report Of Amrapali Group Detailing Siphoning Off Funds

Warren Buffett terms bitcoin a ‘gambling device’ but sees promise in blockchain
On the question that if he would get involved in blockchain related projects, Buffett said there was no such plan

China Stocks Fall Most In Over 3 Years On Tariff Threats

The blue-chip CSI300 index and the Shanghai Composite Index both tumbled more than 5 per cent, posting their steepest single-day drop since February 2016

New government will inherit unpaid infrastructure bill of Rs 12.4 lakh crore
The projects were originally expected to be completed at a cost of Rs 18.17 lakh crore.

Online Grocery Company Bigbasket Gets $150 Million In Funding

Mirae Asset-Naver Asia Growth Fund and Alibaba were joined by the UK government’s development finance institution, CDC Group, in the funding round, Bigbasket said.

Duncan Eng Standalone March 2019 Net Sales at Rs 11.97 crore, up 9% Y-o-Y

Marico Q4 net profit jumps 18% to Rs 217cr

ICICI Bank’s Net Profit Declines On Higher Provisioning For Bad Loans

ICICI Bank’s net profit declined 5 per cent toRs 969 crore for the quarter ended March 31 compared with profit of Rs 1,020 crore.

ICICI Bank Q4 profit falls 5% to Rs 969 crore even as asset quality improves

Government mulls performance-based review of export promotion councils

SC to hear Rafale review pleas and contempt petition against Rahul Gandhi together on May 10

Navin Fluorine Standalone March 2019 Net Sales at Rs 244.27 crore, up 17.2% Y-o-Y

Godrej Agrovet Standalone March 2019 Net Sales at Rs 940.08 crore, up 18.01% Y-o-Y

Tribunal Asks Lenders To Consider NBCC Bid For Jaypee Infratech

The bench adjourned hearing the matter till May 21 and said that the corporate insolvency resolution process (CIRP) would continue

Jaypee case: NCLT Allahabad allows Jaypee Infra resolution process to go on until next date of hearing

Bharti Airtel Net Profit Rises 29% In March Quarter

Shares in Bharti Airtel ended 0.54 per cent higher on the National Stock Exchange, outperforming the broader markets which registered their worst day in two weeks.

Gujarat Gas net profit jumps 77% in March quarter

Bharti Airtel posts surprise Q4 profit of Rs 107 crore on one-time gain

CBDT rejects reports on decline in income tax e-filing

LIC may get additional time to hold stake in IDBI Federal Life

ABG Shipyard initiates liquidation process under IBC

Warren Buffett says US-China trade war would be ‘bad for the whole world’

Wockhardt loss narrows to Rs 14.47 crore

Fall in ITRs in 2018-19 due to inclusion of past AY`s return filings: I-T dept

PNB Housing may raise up to Rs 2,000 crore fresh equity this fiscal

HDFC Bank to consider stock split on May 22

Firstsource Q4: Net Profit At Rs 98.24 Cr vs Rs 92.83 Cr, Up 5.82% YoY

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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