Midnight News Update – Jul 21st 2017   NSE has filed a consent application with SEBI to dispose of the algo case. A consent application allows the accused to pay a penalty and close the case without either admitting or denying the wrongdoing. Read more [...]

Midnight News Update – Jul 19th 2017   The Sensex and the Nifty fell sharply on Tuesday with ITC leading the fall among the heavyweights. With a higher cess imposed on ITC, the stock lost nearly 13% leading to the sharp fall in the stock. Read more [...]

Midnight News Update – Jul 18th 2017   Even as the proposed merger between HDFC Life and Max Life is facing delays, two leading insurers have decided to go ahead with their IPO plans. SBI has already filed the DRHP for its proposed IPO wherein Read more [...]

Midnight News Update – Jul 17th 2017   With Axis Bank sounding out head-hunter, Egon Zhender, to find a new CEO, a new era post Shikha Sharma is set to begin at Axis Bank. Under Shikha, the bad loans of Axis Bank have jumped to the highest Read more [...]

TCS Q1 Results There is bad news on the Tech Front If TCS, the most valuable Indian company, was judged by its latest quarter results, then it was surely an unalloyed disappointment. What actually disappointed an investor is not just the quarterly performance Read more [...]

Weekly Capsule (Jul 10 – Jul 14) and Impact Analysis Major News Item Impact Analysis     Ø  TCS disappointed the street with 10% fall in net profits in Q1 Ø  While revenues were flat for TCS, Q1 profits were down by Read more [...]

 Midnight News Update – Jul 14th 2017   Despite the sharp fall in the CPI inflation for the month of June, the experts are not too confident of the RBI cutting rates in the August credit policy. With the government announcing higher MSP Read more [...]

 Midnight News Update – Jul 13th 2017   The CPI inflation came in sharply lower at 1.54% for the month of June 2017 largely on the back of tepid food inflation. In fact, food inflation dipped to a low of -2.12% and was driven deeper into Read more [...]