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Global credit rating agency Moody's Investors Service on Monday said it has withdrawn the 'Baa3' rating of automobile major Mahindra & Mahindra Ltd. On its part, Mahindra & Mahindra in a regulatory filing with BSE said Moody's has withdrawn the rating following its request. In a statement issued here, Moody's said it has withdrawn Mahindra & Mahindra Ltd's Baa3 issuer rating and a stable outlook. "Moody's has withdrawn the rating for its own business reasons," the statement said without further elaboration. Meanwhile, Mahindra & Mahindra said Indian rating agency ICRA has re-affirmed ICRA AAA rating assigned to the company's Rs 500 crore non-convertible debenture programme. ICRA also reaffirmed its AAA rating for the Rs 88 crore, long-term, fund-based facilities, and the Rs 81 crore, long-term, non-fund-based facilities of Mahindra & Mahindra. ICRA has also re-affirmed the A1+ rating assigned to th

The Reserve Bank of India (RBI) outlined on Monday the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the country's banks. The move comes about two weeks after the Indian government changed rules giving the central bank greater power to deal with bad loans. Among the plans announced late on Monday, the RBI said it is reviewing and would make necessary changes to current guidelines for restructuring of stressed loans. It is also working on a framework to help "facilitate an objective and consistent decision-making process," for cases that can be taken to insolvency courts. Free premium stock future click here >> http://ripplesadvisory.com/premium-stock-future-.php  or Get Free Trials Just Call @96-44-40-50-56. In a bid to avoid borrowers shopping around for credit ratings, the RBI said it is "exploring the feasibility of rating assignments being determined by the Reserve Bank itself and paid for from a fund to

Equity benchmark indices began the session on a flat note, with the Sensex and Nifty trading with double digit gains. The Sensex was up 21.25 points at 30592.22, while the Nifty was up 5.30 points at 9443.55. The market breadth was narrow as 447 shares advanced against a decline of 312 shares, while 39 shares were unchanged. Midcaps gained marginally higher, along with IT and auto indices on the Nifty, while pharma stocks took a hit on the back of negative news flow. Aurobindo Pharma and Sun Pharma fell over 4 percent. Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php or Get Free Trials Just Call @96-44-40-50-56.

Soybean Jun futures closed lower on Thursday tracking weak International prices and higher stocks in the Country. As per SPOA, about 54 lt of soybean has been crushed and estimate of 46 lt of soybean is available in the country. In crop year 2016/17 till end of April about 59 lt arrived Vs 58 last year. Outlook Soybean futures are expected trade under pressure on limited demand and slower crushing. There is supply pressure as stockists are selling as good monsoon forecast indicates another bumper crop. The prices of Ref Soy oil and CPO may trade higher on good demand and increase in tariff value. Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php or Get Free Trials Just Call @96-44-40-50-56.

Mentha oil futures were trading lower during morning trade in the domestic market on Friday as participants remained on the sidelines in the agri-commodity amid subdued physical demand for mentha oil from major consuming industries in the domestic spot market. Further, trimming of positions by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions, influenced mentha oil prices at futures trade. At the MCX, mentha oil futures for May 2017 contract is trading at Rs 958.50 per kg, down by 0.30 per cent after opening at Rs 955.60, against the previous closing price of Rs 961.40. It touched the intra-day low of Rs 955.60 Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php or Get Free Trials Just Call @96-44-40-50-56.

Indian state-run Bank of Baroda on Thursday reported a fourth-quarter net profit of 1.55 billion rupees ($23.89 million). The Mumbai-based bank, the fifth-biggest in the country by assets, had reported a net loss of 32.3 billion rupees in the year-ago quarter. Analysts, on average, had expected the bank to report a net profit of 5.16 billion rupees in the three months to March 31, according to Thomson Reuters data. Gross bad loans as a percentage of total loans declined to 10.46 percent at end-March from 11.40 percent in December. Gross bad loans on an absolute basis was although higher at 427.19 billion rupees compared with 426.42 billion rupees in December. Ahead of the results, shares in Bank of Baroda closed 2.24 percent lower in a broader Mumbai market percent that fell about 1 percent. Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php or Get Free Trials Just Call @96-44-40-50-56.

Tata Consultancy Services Ltd (TCS) on Thursday commenced the buyback of its 5.6 crore shares for Rs 16,000 crore at Rs 2,850 per equity share of Re 1 face value, the global software major said on Thursday. "The buyback period, which began on Thursday, will close on May 31. The letter of offer for the buyback of shares, being 2.85 per cent of the total paid-up equity share capital, has been sent to eligible shareholders by May 16," said a company official. In a regulatory filing on Tuesday, the IT bellwether said the last date for receiving the completed tender forms, including share certificates is June 2 and settlement of bids on the stock exchange is June 9. Free premium stock future click here >> http://ripplesadvisory.com/premium-stock-future-.php  or Get Free Trials Just Call @96-44-40-50-56. The company's blue-chip scrip closed on the BSE at Rs 2,534.10, gaining Rs 82.75 (3.38 per cent) over Wednesday's closing price of Rs 2,451.35 afte

जीएसटी लागू होने के बाद किस प्रोडक्ट और सेवाओं पर कितना टैक्स लगेगा ये तय करने के लिए चल रही जीएसटी काउंसिल की बैठक खत्म हुई है। जीएसटी काउंसिल की बैठक में काउंसिल ने जीएसटी के 7 नियमों को हरी झंडी दे दी है। काउंसिल ने 9 में से 7 नियमों को मंजूरी दी है। बाकी 2 नियमों पर लीगल कमिटी फैसला करेगी। जीएसटी काउंसिल ने टैक्स स्लैब के मुताबिक जो सामान तय किए हैं, उनमें ज्यादातर सामान पर 5 से लेकर 18 फीसदी टैक्स लगेगा। बड़ी बात ये है कि अनाज को टैक्स के दायरे से बाहर रखा गया है। केवल 19 फीसदी चीजें ही ऐसी होंगी जो 28 फीसदी टैक्स के दायरे में आएंगी। जीएसटी के तहत सिर्फ 19 फीसदी सामान पर 28 फीसदी का टैक्स, 14 फीसदी सामान पर 5 फीसदी का टैक्स, 17 फीसदी सामान पर 12 फीसदी टैक्स, कोयले पर 5 फीसदी टैक्स ,हेयर ऑयल, टूथपेस्ट, साबुन पर 18 फीसदी टैक्स, चीनी, चाय, कॉफी पर 5 फीसदी टैक्स लगाया जायेगा। हालांकि, बैठक में आज 1211 आइटम्स की दरें तय हुई हैं, जो सामान बचे हैं उन पर किस टैक्स स्लैब में जीएसटी लगेगा ये कल तय होगा। जीएसटी के तहत 80 फीसदी सामान के स्लैब तय होने के बाद जानते हैं कि इंडस्

Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php  or Get Free Trials Just Call @96-44-40-50-56. The Reserve Bank of India has imposed a monetary penalty of Rs15 lakh on The Karad Urban Co-operative Bank Ltd., Mumbai for breach of individual housing loan limit, breach of limit on loans for repair for house and diversion of loans for purchase of plot/land. “The central bank has imposed a monetary penalty of Rs15.00 lakh on The Karad Urban Co-operative Bank Ltd., Mumbai in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)…,” RBI said in a notification. The Reserve Bank of India had issued a show cause notice to the bank, in response to which the bank submitted a written reply and also made oral submissions thereon. After considering the facts of the case and the bank’s reply in the matter, the Reserve Bank came to t

SBI Mutual Fund has announced 0.4334 per cent dividend under dividend payout option of scheme named as “SBI Savings Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 28.  The investment objective of the open-ended scheme is to provide the investors an opportunity to earn, in accordance with their requirements, through capital gains or through regular dividends, returns that would be higher than the returns offered by comparable investment avenues through investment in debt & money market securities. R. Arun is the fund manager of the scheme. Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php or Get Free Trials Just Call @96-44-40-50-56.

Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php  or Get Free Trials Just Call @96-44-40-50-56. 3 मई को आईसीआईसीआई बैंक के नतीजे आने वाले हैं जिस पर बाजार की नजरें बनी रहेंगी। वित्त वर्ष 2017 की चौथी तिमाही में आईसीआईसीआई बैंक का मुनाफा 3 गुना से ज्यादा बढ़कर 2119.9 करोड़ रुपये हो सकता है। वित्त वर्ष 2016 की चौथी तिमाही में आईसीआईसीआई बैंक का मुनाफा 701.9 करोड़ रुपये रहा था। वित्त वर्ष 2017 की चौथी तिमाही में आईसीआईसीआई बैंक की ब्याज आय 0.2 फीसदी बढ़कर 5416.3 करोड़ रुपये हो सकती है। वित्त वर्ष 2016 की चौथी तिमाही में आईसीआईसीआई बैंक की ब्याज आय 5404.5 करोड़ रुपये रही थी।

Bajaj Auto, an Indian two-wheeler and three-wheeler manufacturing company, on Wednesday reported flat sales at 3,29,800 units in the month of April, 2017. “The company had sold 3,30,109 units in the same month last year,” said Bajaj Auto in a filing to the Bombay Stock Exchange.  Domestic sales during the month dipped by 21 per cent to 1,77,887 units from 2,26,133 units in April 2016, it said in a statement. Meanwhile, export sales rose 46 per cent to 1,51,913 units from 1,03,976 units in the year ago period.  During the month under review, the company sold 2,93,932 units of motorcycles compared to 2,91,898 units in the corresponding month of the previous year. Meanwhile, shares of company opened at Rs 2918.10 apiece, up 0.45 per cent, from previous close Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php or Get Free Trials Just Call @96-44-40-50-56.

Shares of Godrej Properties BSE 13.07 % surged as much as 7 per cent in early trade on Wednesday after the real estate company informed bourses that it has sold over 1,000 apartments across three new project launches - Godrej Origins at The Trees in Mumbai, The Suites at Godrej Golf Links in Greater Noida and Godrej 24 at Hinjawadi, Pune since March 2017. Free stock Cash HNI click here >> http://ripplesadvisory.com/stock-cash.php  or Get Free Trials Just Call @96-44-40-50-56. The scrip was trading 6.91 per cent up at Rs 540 around 9.30 am (IST). Shares of the company opened at Rs 512.90 and touched an intraday high and low of Rs 546.35 and Rs 512.90, respectively, in trade so far. Benchmark BSE Sensex was trading 39.20 points, or 0.13 per cent, up at 29,960 at around the same time. Pirojsha Godrej, Executive Chairman, Godrej Properties said, “We are very pleased with this strong response to our new launches across the country. We look forward to building on t

Free premium stock future click here >> http://ripplesadvisory.com/premium-stock-future-.php   or Get Free Trials Just Call @96-44-40-50-56. A consortium of lenders tossed out Bhushan Steel 's `46,000-crore loan revamp plan as `unacceptable' and directed it to redo the math as the current plan was loaded against the lenders even as company's prospect was brightening, said three people familiar with the matter. Banks are demanding that the company agree to the fact that it would be able to repay more loans than its initial plan shows, said those people, preferring anonymity. Rising steel prices would make the company financially healthy and improve its ability to service loans, they said. The company which owes `46,000 crore to banks, has said just 52% of its loans are sustainable, and the remaining could be converted into equity under the so called S4A, or Scheme of Sustainable Structuring of Stressed Assets. The S4A norms suggest that banks c

On 2nd May Indian Benchmark Index Nifty opened gap up by 36 points from previous day close of 9304, made a high of 9353 and closed at 9314. HDFC was up by 3.10%, Indiabulls Housing by 5.47%,Maruti by 2.77%, ONGC by 3.14% and BPCL by 2.86% were the major movers of the Index. ACC was down by 2%, Bharti Airtel by 2.22%, Lupin by 2.58% were among the losers. Free  premium stock future click here >> http://ripplesadvisory.com/premium-stock-future-.php  or Get Free Trials Just Call @96-44-40-50-56. Bank Nifty opened gap up by 55 points from its previous day close of 22358. The Index made an all time high of 22492 and closed at 22341. Federal Bank was up by 4.55%, Canara Bank by 2.82% and Kotak Bank by 1.77% were among the movers of the Banking Index. Bank of India was down by 3.75%, ICICI Bank by 1.04% and Axis Bank by 0.80% were among the losers. The Small Cap Index last day opened at 7471, 28 points gap up from its previous day close of 7443. The Index made a high of

Automobile major Tata Motors on Monday reported a 21 per cent decline in its total sales, including exports, of passenger and commercial vehicles during April 2017.  According to the company, the total sales, including exports, of passenger and commercial vehicles of the company stood at 30,972 units -- down 21 per cent -- from 39,389 vehicles sold during April 2016. Besides, the company's commercial vehicles sales in April 2017 fell by 36 per cent to 16,017 units.  However, the passenger vehicles segment reported a surge of 23 per cent to 12,827 units during April 2017. The company said the commercial vehicles sales were affected by the Supreme Court judgment of March 29 that banned sales and registration of all BS III (Bharat Stage) vehicles' sales -- requiring a higher quantity of BS IV compliant stock for April sales.  "The higher demand at short notice was not met in production, as vendors struggled to meet with the higher demand, especially in the

Last week Indian Benchmark Index Nifty made a new record high of 9367, Index made a low of 9130 and closed at 9304. Most of the future listed stocks like Axis Bank, Biocon, Ceat , Fedreral Bank, Hexaware, Reliance Maruti, Kotak Bank declared their results , better than expected which helped the market to rally. Bank Nifty also made a record high of 22383 and closed at the highest level at 22358. The Index opened at 21592 and made a low of 21579.  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. PSU banks rallied the most. Bank of India, Indian Bank, Dena Bank and Corporation bank were top performers. Last week Small Cap Index made a new record high of 7531 and closed at 7443 after making low of 7327. Nifty Future to open gap up by 23 points at 9354 against yesterdays close of 9330.95 as per SGX Nifty.

Hyundai Motor India Ltd on Monday reported 3.6 per cent growth in sales to 56,368 units in April as compared to 54,420 units sold in the same month in 2016.  Out of the total sales in April, its domestic sales stood at 44,758 units, up 5.7 per cent from 42,351 units sold in the corresponding month of the last financial year.  "Hyundai with volume of 44,758 units continued its growth momentum on a strong base of last year and continued strong performance of volume," company's Director (Sales and Marketing) Rakesh Srivastava said.  The carmaker, however, said its exports during the month declined by 3.8 per cent to 11,610 units as compared to 12,069. 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.

The Indian rupee opened marginally higher at 64.18 per dollar on Tuesday versus 64.24 Friday. "US yields rose on Monday on the back of Mnuchin's comments. But Dollar index remained glued just above the 99 mark." "The USD-INR pair has been consolidating above the 64/dollar mark. Today, I expect the pair to start around 64.25/dollar level and trade in an intraday range of 64.15-64.35/dollar range." For more Live premium stock futureVisit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56.