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Newgen Software shares hit 52-week high after Morgan Stanley, White Oak pick up stake

Wed, 16 Jun 2021 15:09:53 +0530

Newgen Software shares hit 52-week high after Morgan Stanley, White Oak pick up stake Morgan Stanley Asia Singapore Pte and White Oak India Equity Fund II picked up shares in the company worth Rs 10.7 crore each, White Oak India Select Equity Fund Rs 10.12 crore, Kuber India Fund Rs 49.98 crore and India Acorn Fund Ltd Rs 119.81 crore. The buyers bought the scrip at a price of Rs 454 per scrip.

RBI likely to maintain status quo in August policy: SBI report

Wed, 16 Jun 2021 15:08:26 +0530

RBI likely to maintain status quo in August policy: SBI report According to the SBI#39;s research report- Ecowrap, inflation may remain elevated in the coming months due to several global and domestic factors.

COVID-19 to further fuel used car sales, volumes expected to hit 8 million by FY25

Wed, 16 Jun 2021 15:07:59 +0530

COVID-19 to further fuel used car sales, volumes expected to hit 8 million by FY25 The share of the organised sector, which has players like Maruti True Value, Mahindra First Choice and a host of such businesses started by car companies, is projected to rise to 45 percent in FY25 from the current 25 percent.

COVID-19 | California marks reopening with jackpots, Hollywood flair

Wed, 16 Jun 2021 15:07:01 +0530

COVID-19 | California marks reopening with jackpots, Hollywood flair At midnight, California lifted most of is pandemic restrictions, meaning no more state rules on physical distancing or capacity limits at restaurants, bars, supermarkets, gyms, museums, amusement parks, stadiums or anywhere else.

I-T department notifies cost inflation index for FY22 for computing long-term capital gains

Wed, 16 Jun 2021 15:06:16 +0530

I-T department notifies cost inflation index for FY22 for computing long-term capital gains The cost inflation index (CII) is used by taxpayer to compute gains arising out of sale of capital assets after adjusting inflation. The Central Board of Direct Taxes (CBDT) on June 15 notified the cost inflation index for the current fiscal (2021-22).

COVID-19 | EU members approve return of US travellers

Wed, 16 Jun 2021 15:00:46 +0530

COVID-19 | EU members approve return of US travellers Because of the pandemic, the EU closed its external borders in March 2020 for non-essential travel, and for the past year has drawn up a regularly updated list of non-member states whose residents are allowed to travel to Europe.

Centre may announce Credit Guarantee Scheme for health infrastructure, Cabinet nod likely soon

Wed, 16 Jun 2021 14:50:27 +0530

Centre may announce Credit Guarantee Scheme for health infrastructure, Cabinet nod likely soon Size of the scheme is likely to be around Rs 50,000 crore, and will be separate from the RBI#39;s credit guarantee scheme

JLR drives in new Range Rover Velar in India tagged at Rs 79.87 lakh

Wed, 16 Jun 2021 14:48:02 +0530

JLR drives in new Range Rover Velar in India tagged at Rs 79.87 lakh The new Velar is available in the R-Dynamic S trim with 2-litre petrol and diesel powertrains.

LJP split: Chirag Paswan writes to Lok Sabha Speaker against notification in favour of Pashupati Kumar Paras as party leader

Wed, 16 Jun 2021 14:45:26 +0530

LJP split: Chirag Paswan writes to Lok Sabha Speaker against notification in favour of Pashupati Kumar Paras as party leader Both factions have now moved to control the party and project their group as the real LJP, founded by Chirag Paswan’s father Ram Vilas Paswan

Fruits of Labour | A look at how some of the most popular fruits and vegetable have evolved over the centuries

Wed, 16 Jun 2021 14:41:36 +0530

Fruits of Labour | A look at how some of the most popular fruits and vegetable have evolved over the centuries Many of the fruits and vegetables we consume didn’t look like their current version originally. A look at some of the most popular greens and how they have evolved over the centuries.

Central bank digital cash will complement cryptos: Analysts

Wed, 16 Jun 2021 14:39:01 +0530

Central bank digital cash will complement cryptos: Analysts Around 90 percent of the world#39;s central banks are now working on their own digital currencies, some of which may be issued in the next three years, a January survey from the Bank for International Settlements showed.

HMSI drives in 2021 Gold Wing Tour, price starts at Rs 37.2 lakh

Wed, 16 Jun 2021 14:35:45 +0530

HMSI drives in 2021 Gold Wing Tour, price starts at Rs 37.2 lakh The new version of the bike makes its way to the Indian market through the CBU (completely built-up) route from Japan.

China offers glimpse of Tibetan life without the Dalai Lama

Wed, 16 Jun 2021 14:15:47 +0530

China offers glimpse of Tibetan life without the Dalai Lama “Xi Jinping’s new socialist ideology with Chinese characteristics is the guide for the whole party and all nationalities to fight for the great rejuvenation of China,” the sign proclaims in Tibetan and Chinese script, referring to China’s leader, who has sought to put his imprint on virtually every aspect of life across the vast county.

As India Inc Q4 earnings beat estimates, ICICI Securities sees Nifty at 17,250 by June 2022

Wed, 16 Jun 2021 14:11:58 +0530

As India Inc Q4 earnings beat estimates, ICICI Securities sees Nifty at 17,250 by June 2022 The brokerage names 14 stocks that investors can bet on. Top picks from ICICI Securities include SBI, Axis Bank and HDFC Bank

North Korea#39;s Kim Jong Un admits food situation #39;tense#39;

Wed, 16 Jun 2021 14:03:39 +0530

North Korea#39;s Kim Jong Un admits food situation #39;tense#39; At a plenary meeting of the central committee of the ruling Workers#39; Party of Korea, Kim Jong Un said the economy improved this year, with industrial output growing 25 percent from a year earlier, reported KCNA









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