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8 September, 2018 10:20 AM Kotak Mahindra rolls out mobile medical vans under CSR

Kotak Mahindra Life Insurance Company Saturday said it has rolled out three mobile medical vans under the corporate social responsibility initiative 'Life First', in association with Wockhardt Foundation. As part of the agreement, three medical vans which act as primary healthcare centres on wheels would be managed by the Wockhardt Foundation, a press 54

4 September, 2018 12:56 PM Canara Robeco Mutual Fund appoints Krishna Sanghavi as equity head

Sanghavi replaced Ravi Gopalakrishnan who quit the fund house in May. Canara Robeco Mutual Fund has appointed Krishna Sanghavi as head of equity with immediate effect, the fund house announced on September 4. He will manage equity funds, which form 45 percent of Canara Robeco Asset Management AUM. Prior to joining Canara Robeco Mutual Fund, he was associated 68

4 September, 2018 9:44 AM Sell Berger Paints; target of Rs 305: Kotak Securities

In the last few quarters, Berger has been able to deliver strong volume growth in both the key segments of decorative and industrial paints, has shown continuous improvement in financial performance and grown faster than its peers - Asian Paints and Kansai Nerolac leading to market share gains for Berger. Post factoring the growth prospects, the valuations 57

27 August, 2018 4:40 AM D-Street Buzz: Bank stocks surge led by SBI, YES Bank; MOIL zooms 10%, Axis Bank hits new 52-week high

The breadth of the market favoured advances, with 1086 stocks advancing, 534 declining and 456 remaining unchanged. On BSE, 1345 stocks advanced 630 declined and 105 remained unchanged. New week and a new start for the Indian markets with the Sensex and Nifty hitting new record highs. The Nifty50 jumped 100 points and is trading at 11,656 while the Sensex 114

20 August, 2018 6:41 AM Ujjivan Financial up 3%; Kotak Securities upgrades stock to add with target Rs 420

Shares of Ujjivan Financial Services added more than 3 percent intraday Monday as broking house Kotak Securities has upgraded the stock to add from reduce rating and kept the target at Rs 420 per share. According to Kotak, the cost growth is worrying but see peak in FY19-20, while asset quality of Ujjivan looks comfortable. The company had reported net profit 78

17 August, 2018 11:44 AM Sensex jumps over 280 points, Nifty closes at fresh record high

Nifty surpassed its previous closing high of 11,470.70 hit on August 9. New Delhi: Markets posted robust gains on Friday with the NSE Nifty closing at fresh record high on the back of robust gains in FMCG, metal and banking stocks. The BSE Sensex ended 284.32 points or 0.75 per cent higher at 37,947.88. In a similar fashion, the NSE Nifty spurted 85.70 points 62

17 August, 2018 2:30 AM Stocks in the news: BEML, Maruti Suzuki, Bank of India, Tech Mahindra, NBCC, TCS, Kotak Mahindra Bank, RCom

BEML | Maruti Suzuki | Bank of India | Tech Mahindra | NBCC | AstraZeneca Pharma | Kotak Mahindra Bank are the stocks which are in news today. BEML: The company flagged off the nation’s first 150T electric dump truck. Maruti Suzuki: The company has hiked car prices by up to Rs 6,100 (ex-showroom Delhi) effective August 16. Bank of India: The lender 120

13 August, 2018 11:40 AM Godrej Group's Smitha V Crishna Tops Ranking Of Country's Wealthiest Women

Godrej Group's Smitha V Crishna, with a fortune of Rs 37,570 crore, is the wealthiest woman in India, a list released by Kotak Wealth Management and Hurun report India said. Crishna is followed by Roshni Nadar (net worth Rs 30,200 crore) of HCL, Indu Jain (net worth of Rs 26,240 crore) of Bennett Coleman and Kiran Mazumdar-Shaw (net worth of Rs 24,790 crore) 49

13 August, 2018 9:49 AM Dr Lal PathLabs gains 3% as CLSA maintains buy with target Rs 1,320

Shares of Dr Lal PathLabs added 3.3 percent intraday Monday as broking house CLSA has maintained buy rating on Dr Lal PathLabs with a target price of Rs 1,320 per share. According to CLSA, the sales are in-line and 50 bps beat on EBITDA margin. This is a third-consecutive quarter of 25 percent plus volume growth. The competitive intensity remains stable 64

6 August, 2018 3:17 AM TVS Motor Q1 preview: rural demand and exports could help it post 34% growth in net profit

As per the poll, revenue of the company is expected to come in at Rs 4,220 crore for the June quarter, a growth of 13 percent as compared to Rs 3,743 crore posted in the same quarter a year ago TVS Motor Company, the country’s fourth largest two-wheelers maker, is expected to post a double-digit growth in net profit during the June quarter led by strong 77