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Showing posts from April, 2017

RIL Partners with Resysta to bring Wood alternative in India

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Reliance Industries Ltd (RIL) on Wednesday said it has entered into a licence agreement with Germany based Resysta International GmbH, which gives RIL the exclusive rights of production and marketing of a natural fibre polymer composite (NFPC) in India.  "Through this strategic partnership with Resysta, RIL is looking forward to produce the RelWood compound exclusively in order to meet the fast-growing demand of real alternative to tropical wood," said Vipul Shah, COO Petchem, RIL.  This compound will be the raw material for the production of sheets and various profiles used in a wide range of wood plywood replacement applications.  The German company succeeded where many others failed by developing a weather and water-resistant material which has the look and feel of wood, which is not affected by termites, does not splinter or rot over time, is obtained using a renewable resource and is fully recyclable, a statement said. For more Live stock cas...

Tata Motors to use two Technologies for BS IV Norms

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Automobile major Tata Motors Ltd. on Wednesday said it is ready with Selective Catalytic Reduction (SCR) and Exhaust Gas Recirculation (EGR) technologies for BS IV compliant engines for its commercial vehicles.  In a statement issued here, Tata Motors said EGR technology adopted by Tata Motors in 2010 will continue to power small-to-medium category of commercial vehicles with engine power requirements up to 180HP.  Additionally, Tata Motors has adopted the SCR technology since 2014 for its Medium and Heavy-Duty Commercial vehicles ranging from 130HP to 400HP. Tata Cummins Ltd, a joint venture between Tata Motors and US-based Cummins Inc., has developed these engines.  While EGR is a relatively low cost, simple, and easy to integrate technology, SCR can be scaled up further to meet the stringent BS VI emission standards, the company said. For more Live premium stock future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Tri...

RBI issues new draft rules for M&As

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The Reserve Bank has proposed a fresh set of regulations regarding mergers and acquisitions which seek reporting of such actions to be more stringent and time-bound, and provide for mandatory permission for all deals which are not on the automatic route, reported PTI.  This follows the new regulations notified by Corporate Affairs Ministry under the Companies (Compromises, Arrangements , and Amalgamation) Amendment Rules of 2017 issued on April 13. The proposed regulations will be brought in under the FEMA rules of 1999 and seek to address the issues that may arise when a domestic firm and a foreign firm enter into the cheme of merger, demerger/amalgamation/rearrangement. The regulation makes reporting of any cross-border activity mandatory within 180 days from the date of sanction. Called Foreign Exchange Management (Cross-border Mergers) Regulations, the new rules pertain to mergers, demergers, amalgamations and arrangements between domestic and foreign companies. ...

Petron Engineering Spurts after Winning Order

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Petron Engineering Construction surged 14.29% to Rs 168 at 10:15 IST on BSE after the company said it has received work order from Guruashish Construction, HDIL Towers, Bandra-East, Mumbai. The announcement was made after market hours yesterday, 26 April 2017. Meanwhile, the S&P BSE Sensex was down 62.15 points, or 0.21%, to 30,071.20. The S&P BSE Small-Cap index was up 2.47 points, or 0.02%, to 15,285.13. More than usual volumes were witnessed on the counter. On the BSE, 72,254 shares were traded in the counter so far, compared with an average volume of 4,104 shares in the past one-quarter. The stock had hit a high of Rs 174.90 and a low of Rs 160.20 so far during the day. The stock had hit a 52-week high of Rs 220 on 6 May 2016. The stock had hit a 52-week low of Rs 122 on 21 November 2016. The stock had outperformed the market over the past one month till 26 April 2017, rising 3.27% compared with the Sensex's 2.42% rise. The scrip had, however, underpe...

Cadila Healthcare Advances after USFDA nod for oral Suspension Drug

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For more Live premium stock future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php  or Get Free Trials Just Call @96-44-40-50-56. Cadila Healthcare was up 1.26% to Rs 459.05 at 10:22 IST on BSE after the company said it has received final US drug regulator nod for an oral suspension drug. The announcement was made after market hours yesterday, 26 April 2017. Meanwhile, the S&P BSE Sensex was down 49.17 points or 0.16% at 30,084.18. On the BSE, 26,000 shares were traded on the counter so far as against the average daily volumes of 1.40 lakh shares in the past one-quarter. The stock had hit a high of Rs 463.25 and a low of Rs 457.55 so far during the day. The stock had hit a record high of Rs 466.10 on 7 April 2017 and a 52-week low of Rs 305.05 on 24 June 2016. It had underperformed the market over the past one month till 26 April 2017, advancing 1.6% compared with the Sensex's 2.42% rise. The scrip had, however, outperformed the market o...

Axis Bank Declines after Reporting Tepid Q4 Results

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For more Live premium stock future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56. Axis Bank declined 1.72% to Rs 508.40 at 9:40 IST on BSE after net profit dropped 43.13% to Rs 1225.10 crore on 4.33% rise in total income to Rs 14181.31 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 26 April 2017. Meanwhile, the S&P BSE Sensex was down 29.63 points or 0.1% at 30,103.72. On the BSE, 5.08 lakh shares were traded on the counter so far as against the average daily volumes of 9.17 lakh shares in the past one quarter. The stock had hit a high of Rs 525 and a low of Rs 503.60 so far during the day. The stock had hit a 52-week high of Rs 638 on 7 September 2016 and a 52-week low of Rs 424.60 on 10 January 2017. The stock had outperformed the market over the past one month till 26 April 2017, rising 5.74% compared with the Sensex's 2.42% rise. The sc...

Market Slips on Negative Global cues

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The barometer index, the S&P BSE Sensex, was down 10.43 points or 0.03% at 30,122.92. The Nifty 50 index was currently down 1.40 points or 0.01% at 9,350.45. For more Live Stock future HNI Visit Us:- http://ripplesadvisory.com/stock-future-hni-.php  or Get Free Trials Just Call @96-44-40-50-56. The Sensex reversed trend after hitting its record high level in early trade. The Sensex rose 50.87 points, or 0.17% at the day's high of 30,184.22 in early trade, its record high level. The market may remain volatile as traders roll over positions in the futures & options (F&O) segment from the near month April 2017 series to May 2017 series. The near month April 2017 derivatives contract expires today, 27 April 2017.

Goldman to sell up to $123 Million worth Shares in Max Financial

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Goldman Sachs will sell shares worth up to $123 million in India's Max Financial Services Ltd on Friday, according to a deal term sheet seen by Reuters.  Goldman will sell up to 3.74 percent stake in Max Financial in a block trade, the term sheet revealed. The share sale's floor price has been set at 607 rupees apiece. Max Financial shares closed at 650.95 rupees on Thursday on the National Stock Exchange.  For more Live Premium Stock Future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56.

Honda Plans Rs 1,600 cr Spend on new two-Wheelers

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Japanese two-wheeler major Honda Motorcycle and Scooter India (HMSI) plans to invest Rs 1,600 crore in 2017-18 for expanding capacity and developing new products, the company has announced. "The Indian market is going to change when the auto industry will migrate to BS-VI," HMSI's new President and Chief Executive Minoru Kato told reporters here on Thursday.  For more Live Premium Stock Future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php  or Get Free Trials Just Call @96-44-40-50-56. "The future is challenging but exciting. We are investing in an additional assembly line at our plant in Karnataka and by July 2017 our total capacity will go up to 6.4 million units a year. In 2017-18 our total investment will be Rs 1,600 crore," he said.  HMSI, which sold five million units in 2016-17 -- the most by a Honda subsidiary worldwide -- has set a target to sell six million units this year. Till the last fiscal, the company had made a ...

विप्रो ने की सैकड़ों कर्मचारियों की छंटनी

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देश के तीसरी सबसे बड़ी सॉफ्टवेयर कंपनी विप्रो ने सैकड़ों कर्मचारियों की छंटनी की है। समाचार एजेंसी पीटीआई ने सूत्रों के हवाले से बताया है कि सालाना परफॉर्मेंस अप्रेजल के बाद कंपनी ने करीब 600 लोगों को हटा दिया है। कंपनी 25 अप्रैल को अपना सालाना और साल के आखिरी क्वार्टर के नतीजे जारी करने वाली है। विप्रो के इस कदम को आईटी कंपनियों की मौजूदा चुनौतीपूर्ण स्थिति से जोड़कर भी देखा जा रहा है। अभी अमेरिका, सिंगापुर, ऑस्ट्रेलिया और न्यूजीलैंड में वीजा नियमों की सख्ती के चलते आईटी कंपनियों फिलहाल मुश्किल दौर में हैं। आईटी मंत्री रविशंकर प्रसाद ने अमेरिका की एच1बी वीजा नीति पर कड़ी प्रतिक्रिया दी है। उन्होंने कहा कि भारत की आईटी कंपनियां रोजगार के मौके बढ़ाने पर जोर देती है। साथ ही उन्होंने कहा कि इस मामले को उच्च स्तर पर उठाया जा रहा है। For more Live Premium Stock Future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56.

कैसे रहेंगे एचडीएफसी बैंक, एसीसी के नतीजे

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For more Live Premium Stock Future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php  or Get Free Trials Just Call @96-44-40-50-56. आज नतीजों के लिहाज से बेहद अहम दिन है। कल एसीसी और एचडीएफसी बैंक के नतीजे आएंगे। कैसे रह सकते हैं ये नतीजे आइए जानते हैं - एचडीएफसी बैंक वित्त वर्ष 2017 की चौथी तिमाही में एचडीएफसी बैंक का मुनाफा 17.6 फीसदी बढ़कर 3966.6 करोड़ रुपये रह सकता है। वित्त वर्ष 2016 की चौथी तिमाही में एचडीएफसी बैंक का मुनाफा 3374 करोड़ रुपये रहा था। वित्त वर्ष 2017 की चौथी तिमाही में एचडीएफसी बैंक की ब्याज आय 16.5 फीसदी बढ़कर 8684.4 करोड़ रुपये रह सकती है। वित्त वर्ष 2016 की चौथी तिमाही में एचडीएफसी बैंक की ब्याज आय 7453 करोड़ रुपये रही थी। एसीसी साल 2017 की पहली तिमाही में एसीसी का मुनाफा 31 फीसदी घटकर 155 करोड़ रुपये रह सकता है। साल 2016 की पहली तिमाही में एसीसी का मुनाफा 223.5 करोड़ रुपये रहा था। साल 2017 की पहली तिमाही में एसीसी की आय 2 फीसदी बढ़कर 3055 करोड़ रुपये रह सकती है। साल 2016 की पहली तिमाही में एसीसी की आय 2990 करोड़ रु...

Market Live: Nifty opens above 9150, Sensex Gains 100 pts on Global Cues

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The market extended its previous day's gains, with the Nifty reclaiming 9150 level on positive Asian cues, backed by banking & financials, FMCG and Reliance Industries. The 30-share BSE Sensex was up 110.76 points at 29,533.15 and the 50-share NSE Nifty gained 43.25 points at 9,179.65.  About 754 shares advanced against 132 declining shares on the BSE. For more Live Premium Stock Future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56.

IndusInd Bank to Raise Rs 1,000 cr via Bonds

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IndusInd Bank said its board has approved raising of Rs 1,000 crore by issuing bonds on private placement basis, reported PTI. The approval has been given by the finance committee of the board, the bank said in a regulatory filing. The board, it said, has approved the allotment of 10,000 rated, listed, non-convertible, perpetual, subordinated and unsecured Basel III-compliant bonds in the nature of debentures towards non-equity regulatory additional tier 1 capital, for face value of Rs 10 lakh each for cash aggregating to Rs 1,000 crore on private placement basis. "The aforesaid bonds will be issued in dematerialised form and will be listed on the Wholesale Debt Market (WDM) segment of National Stock Exchange of India Limited," the filing on BSE said. For more Live Stock Future HNI Visit Us:- http://ripplesadvisory.com/stock-future-hni-.php or Get Free Trials Just Call @96-44-40-50-56.

RBI Cautions Banks on bad loan risk in Telecom Sector

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The Reserve Bank of India (RBI) on Tuesday cautioned about loans given to companies in sectors in difficulty such as telecom and may witness rising bad loans. Banks were asked to put in place a board-approved policy for making provisions for standard assets at rates higher than the regulatory minimum, based on an evaluation of risk and stress in various sectors.  "The telecom sector is reporting stressed financial conditions, and presently interest coverage ratio for the sector is less than one," a RBI notification said. "Board of directors of the banks may review the telecom sector latest by June 30, 2017, and consider making provisions for standard assets in this sector at higher rates so that necessary resilience is built in the balance sheets should the stress reflect on the quality of exposure to the sector at a future date," it said. "Besides, banks should also subject the exposure to the sector to closer monitoring," it added. For ...

M&M's auto Division Consolidates Sales

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Leading SUV manufacturer Mahindra & Mahindra (M&M) on Tuesday said it has consolidated the sales and marketing functions of its automotive division. The company pointed out that it has consolidated the two functions under Veejay Ram Nakra. "The company has, thus, re-designated Veejay as Senior Vice President - Sales and Marketing, Automotive Division, with effect from May 1, 2017," the company said in a statement. "Veejay will take over from Vivek Nayer, who has now moved to a strategic role at the Group level within the organization."  According to the company, the consolidation of the two functions is a part of the company's bigger plans to strategically align both and structure them as a single unit for management, planning, and budgetary purposes. For more Live Stock Future HNI Visit Us:- http://ripplesadvisory.com/stock-future-hni-.php or Get Free Trials Just Call @96-44-40-50-56.

आवाज़-अनुमान: कैसे रहेंगे यस बैंक, इंडसइंड बैंक के नतीजे

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नतीजों के लिहाज से आज का दिन भी अहम है। आज यस बैंक और इंडसइंड बैंक के नतीजे आने वाले हैं जिन पर बाजार की नजरें रहेंगी। For more Live stock cash tips Visit Us:-  http://ripplesadvisory.com/premium-stock-cash.php  or Get Free Trials Just Call @96-44-40-50-56. यस बैंक वित्त वर्ष 2017 की चौथी तिमाही में यस बैंक का मुनाफा 27.7 फीसदी बढ़कर 896.3 करोड़ रुपये रह सकता है। वित्त वर्ष 2016 की चौथी तिमाही में यस बैंक का मुनाफा 702.1 करोड़ रुपये रहा था। वित्त वर्ष 2017 की चौथी तिमाही में यस बैंक की ब्याज आय 28.6 फीसदी बढ़कर 1596.4 करोड़ रुपये रह सकती है। वित्त वर्ष 2016 की चौथी तिमाही में यस बैंक की ब्याज आय 1241.4 करोड़ रुपये रही थी। इंडसइंड बैंक वित्त वर्ष 2017 की चौथी तिमाही में इंडसइंड बैंक का मुनाफा 26.3 फीसदी बढ़कर 783.5 करोड़ रुपये रह सकता है। वित्त वर्ष 2016 की चौथी तिमाही में इंडसइंड बैंक का मुनाफा 620 करोड़ रुपये रहा था। वित्त वर्ष 2017 की चौथी तिमाही में इंडसइंड बैंक की ब्याज आय 30.6 फीसदी बढ़कर 1655.7 करोड़ रुपये रह सकती है। वित्त वर्ष 2016 की चौथी ...

APL Apollo Tubes launches Apollo Coastguard

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APL Apollo Tubes, the pioneer in Steel pipes and Sections, has said that it has launched its new brand Apollo Coastguard, a revolutionary change in the world of galvanized steel pipes. These pipes are made of special galvanized steel to provide excellent corrosion resistance against the wind, water, and road salts which mean that these galvanized steel pipes are 100 percent rust proof pipes to last for generations. For more Live stock cash tips Visit Us:- http://ripplesadvisory.com/premium-stock-cash.php or Get Free Trials Just Call @96-44-40-50-56. The rich interior coating of Zinc will help in protecting the rusting of pipes from the inside. And continuous 120 GSM hot dip galvanized coating will enhance the life of these steel pipes providing durability and strength.  Commenting on the launch Mr. Sharad Mahendra, Director Sales & Marketing said that, “The launch of its news brand Apollo Coastguard has been a reflection of APL Apollo Tubes Limited upholding i...

Market Live: Nifty Opens below 9100, Sensex volatile Amid Weak Global Cues

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  Equity benchmarks started off trade on a negative note, tracking weakness in global peers as investors remained cautious about earnings season after IT companies' results. The 30-share BSE Sensex was down 29.51 points at 29,289.59 and the 50-share NSE Nifty fell 7.35 points to 9,097.80. For more Live premium stock future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56.

Tata Consultancy Q4 Profit up 4.2 Percent

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Tata Consultancy Services Ltd, India's top software services exporter, reported a 4.2 percent rise in quarterly net profit on Tuesday but missed analysts' estimates.  TCS said its consolidated net profit rose to 66.08 billion rupees ($1.02 billion) in the three months to March 31, from 63.40 billion rupees in the year-ago period.  Analysts had, on average, expected a consolidated profit of 66.62 billion rupees, according to Thomson Reuters data. TCS, which was reporting its first quarterly earnings under new Chief Executive Rajesh Gopinathan, said revenue rose 4.2 percent year-on-year to 296.42 billion rupees. For more Live  premium stock future  Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56.

Income Tax Notice to 60,000 Persons for large cash sales

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Over 60,000 individuals, including 1,300 high-risk persons, have been identified for investigation by the Indian Income Tax Department for excessively large cash transactions following the November 8 demonetisation measure, the government said on Friday. "Under the Operation Clean Money (OCM), more than 60,000 persons, including 1,300 high-risk persons, have been identified for an investigation into claims of excessive cash sales during the demonetization period," a Finance Ministry statement here said.  "More than 6,000 transactions of high-value property purchase and 6,600 cases of outward remittances shall be subjected to detailed investigations," it said. "All the cases where no response is received shall also be subjected to detailed inquiries," it added.  According to the Ministry, the Central Board of Direct Taxes (CBDT) has detected undisclosed income over Rs 9,334 crore in the period of November 9, 2016, till February 28 this year. Prim...

Indian Rupee Opens Flat at 64.42 per Dollar

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The Indian rupee opened flat at 64.42 per dollar on Monday versus 64.41 Thursday. Pramit Brahmbhatt of Veracity said, "Pessimism that persists on the back of geopolitical situation and weak cues from domestic equity market will be the reason for Rupee to depreciate today." "We expect the USD-INR pair to trade in a range of 64.20-64.80/dollar today," he added. The dollar dipped to a five-month low against the yen as rising tensions over North Korea kept the safe-haven Japanese currency in demand. The dollar is trading at its lowest level since mid-November. For more Livestock Cash HNI Visit Us:- http://ripplesadvisory.com/stock-cash.php or Get Free Trials Just Call @96-44-40-50-56.

Market To Remain Under Pressure On Geopolitical Concern

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Two days Free Trials and best services packages in for dealing in Stock market click here to get >> http://ripplesadvisory.com/stock-future-hni-.php One Missed call on @9644405056. Last Week Indian Benchmark Index Nifty opened at 9226 made high of 9246 and closed at 9151 after making low of 9145. The crucial support for the index is at 9020 and resistance is at 9273. Last week Government released Industrial production (IIP) data for the month of Feb at -1.20% where the expectation was 1.3% and January IIP numbers were at 2.70%.Consumer price index (CPI) for the month of march released at 3.81% where the expectation was at 3.98% and February CPI was at 3.65%. Last week IT major Infosys, as expected, registered a fall of 2.8% in its profitability compare to its last quarter result. The revenue of the company fell by 0.88%. CEO Mr. Vishal Sikka said that they need to deliver quality services to their clients, thus they have to live with the issue of VISA.  ...

Aluminium Futures drop 0.44% on muted Demand

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Aluminium futures were trading lower during morning trade in the domestic market on Monday as investors and speculators remained on the sidelines in the industrial metal amid muted physical demand for aluminium at the domestic spot market.  Further, a drop in physical demand for aluminium at the domestic spot market was due to trimming of positions by traders in the spot markets, influenced aluminium prices at futures trade.  At the MCX, aluminium futures for April 2017 contract is trading at Rs 125.20 per kg, down by 0.44 per cent, after opening at Rs 125.20, against a previous close of Rs 125.75. It touched the intra-day low of Rs 125.15. Two days Free Trials and best services packages in for dealing in Stock market click here to get >> http://ripplesadvisory.com/stock-future-hni-.php One Missed call on @9644405056.

Glenmark Pharma bags Approval for Fenofibrate Capsules

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Glenmark Pharmaceuticals has said that its US arm has been granted final approval by the United States Food & Drug Administration (U.S. FDA) for Fenofibrate Capsules USP, 67 mg, 134 mg and 200 mg, the generic version of Tricor® Micronized Capsules, 67 mg, 134 mg, and 200 mg of AbbVie, Inc.  Two days Free Trials and best services packages in for dealing in Stock market click here to get >> http://ripplesadvisory.com/stock-future-hni-.php    One Missed call on @9644405056. According to IMS Health sales data for the 12 month period ending February 2017, the Tricor® Micronized Capsules, 67 mg, 134 mg and 200 mg market1 achieved annual sales of approximately USD 97.5 million.  Glenmark’s current portfolio consists of 114 products authorized for distribution in the U.S. marketplace and approximately 64 ANDA’s pending approval with the U.S. FDA.  In addition to these internal filings, Glenmark continues to identify and explore externa...

L&T appoints A. M. Naik as Non-Executive Chairman

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Larsen and Toubro Ltd has said that its Board of Directors at its meeting have considered and approved the appointment of Mr. A. M. Naik as the Non-Executive Chairman of the Company with effect from October 1, 2017 for a period of three years, immediately upon his retirement as the Executive Chairman on September 30, 2017.  The Board also approved the appointment of Mr. S. N. Subrahmanyan as the Chief Executive Officer & Managing Director with effect from July 1, 2017. Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.  L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defence - for customers in over 30 countries around the world. Meanwhile, shares of the company were trading at Rs 1691 apiece, up 0.27 per cent from the previous. For more Live stock Cash HNI Visit Us:- http://ripplesadvisory.com/stock-cash...

Railways to electrify 4000 km Route in Current Fiscal Deficit

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The Indian Railways has said that it has stepped up efforts to electrify 4000 km route in the current fiscal, a big jump from the last year's target of 2000 km.  As per reports, the pace of electrification has gained traction as the railways has rolled an action plan to drastically decrease the use of diesel in order to reduce energy cost and greenhouse gas emission. Currently, only 42 per cent of total track network is electrified, rest section is operating on fossil fuel. Commenting on the issue, a senior Railway Official told the media, “The pace of electrification has been increased from present average of 1700 km route per annum to 4000 km in 2017-18.”  “According to the action plan, about 22,000 km route has to be electrified by 2021. Further, to expedite electrification of railway lines in the country, various steps have been taken, which include award of turn-key contracts and better project monitoring mechanism,” he added.      Join...

Bajaj Finance lowers cap for FDs, offers higher Returns

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Bajaj Finance, the lending and investment arm of Bajaj Finserv, has lowered the minimum cap for fixed deposits to Rs 25,000 to attract retail investors, reported PTI. The company will offer an annual cumulative interest rate of 8.05 per cent for a tenor of 36-60 months on the reduced amount, Bajaj Finance said in a statement.  Earlier, for depositors in the National Capital Region and Greater Mumbai, the minimum deposit amount was Rs 75,000 and for rest of India was Rs 50,000, it said. The new minimum cap of Rs 25,000 will be applicable across the country with immediate effect, it added.  This will also address the saving needs of mass retail category that are looking for assured returns with a credible savings instrument, it said. This will also allow small depositors to generate higher returns through traditional savings product, it said.   Join stock cash premium tips Service with 95% Accuracy     http://ripplesadvisory.com/premium-stock-cash...

IDBI Bank cuts Deposit Rates for Various Buckets

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IDBI Bank has lowered interest rates on retail term deposits by 0.5 per cent for maturity between 31 days to up to 2 years, reported PTI. The new rates on these deposits range from 4.50 per cent to 6.40 per cent. For senior citizens, the new rates will be ranging from 4.5 per cent to 6.90 per cent.  For more Live stock Cash HNI Visit Us:- http://ripplesadvisory.com/stock-cash.php  or Get Free Trials Just Call @96-44-40-50-56. All maturity buckets from above 2 years onwards to up to 20 years have been cut by 0.75 per cent to 6 per cent. Senior citizens will get 6.50 per cent interest for all maturity buckets.  On recurring deposits of regular customers, rates are slashed by 0.50-0.75 per cent to 6.40-6 per cent for 1 year to up to 10 years. For senior citizens, the recurring deposit rate is reduced by 0.5 per cent for 1-2 year tenure. For over 2 years to 10 years bucket, rates are down by 0.75 per cent each to 6.50 per cent.

Lead Futures drop 0.27% on Diminishing physical Demand

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Lead futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators exited their positions in the industrial metal amid diminishing physical demand for lead, from battery-makers, in the domestic spot market. For more Live stock Cash HNI Visit Us:- http://ripplesadvisory.com/stock-cash.php  or Get Free Trials Just Call @96-44-40-50-56. Further, a downward trend in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade. At the MCX, lead futures for April 2017 contract is trading at Rs 149.95 per kg, down by 0.27 per cent, after opening at Rs 150.55, against a previous close of Rs 150.35. It touched the intra-day low of Rs 149.75.

Subdued Demand drags down Cardamom futures by 0.58%

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Cardamom futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators remained on the sidelines in the agri-commodity amid muted physical demand for cardamom in the domestic spot market.  Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downtrend in the domestic cardamom prices.  At the MCX, cardamom futures for April 2017 contract is trading at Rs 1416 per kg, down by 0.58 per cent, after opening at Rs 1424, against a previous close of Rs 1424.30. It touched the intra-day low of Rs 1416.     Join stock cash premium tips Service with 95% Accuracy         http://ripplesadvisory.com/premium-stock-cash.php

Adani's Carmichael coal mine gets 60-year Water licence

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Adani Australia's controversial $21 billion Carmichael coal mine has been granted an unlimited 60-year water licence, in a move slammed by environmental and legal groups. The associated water licence, signed by a Queensland government representative the day after Cyclone Debbie tore through the state's north, allows Adani Mining to take water from or near the Betts Creek formation when removing or draining water from the mine, the Guardian reported.  The licence acknowledges this will "have an impact on the underground water levels in the region of the mine" both during and after the planned coal mine's years of operation. In a Facebook post, Adani Australia said the proposed $21.7 billion Carmichael mine, rail and port projects have undergone extensive and rigorous approval processes at both the state and Commonwealth levels, including a Land Court hearing on the mining lease that took into account public objections.  "Adani can confirm another mi...