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16 January, 2019 8:18 AM Buy MCX; target of Rs 900: Motilal Oswal

Motilal Oswal is bullish on MCX has recommended buy rating on the stock with a target price of Rs 900 in its research report dated January 15, 2019. Revenue grew 26% YoY to INR769m, in line with our estimate of INR766m. Futures volumes grew 34% YoY (+8% QoQ) to INR17t, dominated by crude (+78% YoY) and gold (+53% YoY). EBITDA margin of 27.2% (+500bp YoY, -500bp QoQ) was below 80

14 January, 2019 4:50 PM JNU Admission 2019: MBA Application Process Begins On January 20

The "Atal Bihari Vajpayee School of Management and Entrepreneurship" in Jawaharlal Nehru University will start its M.B.A. or Master of Business Administration admission process from January 20, 2019. This will be first batch of the newly announced course by the Delhi-based University, which is famous for its humanities programmes. Any candidate who is applying 52

14 January, 2019 2:10 PM Twitter to Introduce New Beta App as the Company Looks to Bring Big Changes

Twitter has become the go-to place for real-time news and user reactions no matter how big or small an event is. While the company has been adding a decent user base over time, it has also invited harsh criticism from its power users over several key issues. Now, Twitter is looking to solve its problems with a new beta programme. The social media giant 68

14 January, 2019 12:48 PM Shalby Hospitals in talks to take control of two hospitals in Delhi, Kolkata for Rs 250 crore

The Delhi hospital has a 150 bed capacity, while Kolkata is a 200 bedded hospital. Shalby Hospitals, which is on an expansion spree is in talks to take over two hospitals in Delhi and Kolkata at an estimated cost of around Rs 250 crore. The Delhi hospital has a 150-bed capacity, while Kolkata is a 200-bedded hospital. “We typically go for the 150-200-bed hospital 52

12 January, 2019 4:35 AM MF Wrap: All categories saw addition in folios in December; Equity funds lead

Equity folios halved too from 10.6 lakh folios in October to 4.91 lakh folios in December. Equity funds include pure equity, ELSS and balanced funds. Equity fund folio addition has boosted the domestic mutual fund industry, helping it register over 5.7 lakh more investor accounts in December, according to the data on the Securities and Exchange Board 61

11 January, 2019 11:22 AM Hardik Pandya, KL Rahul out of 1st ODI vs Australia amid recommendation of suspension

BCCI had taken a grim view of comments made by the two on a chat show which were later blasted as sexist and misogynist by people at large. Sydney: India will not be fielding Hardik Pandya and K L Rahul in Saturday's ODI series-opener against Australia after Committee of Administrators (CoA) member Diana Edulji recommended a suspension pending inquiry 40

10 January, 2019 5:46 AM Yes Bank shortlisted CEO names without consulting Rana Kapoor and Madhu Kapur: Report

In 2015, the Bombay High Court ruled that the bank has to follow the Articles of Association and consult both promoters before the appointment of a whole-time director After a long ordeal, the Yes Bank board has independently shortlisted two potential persons for the post of CEO and Managing Director without consulting rival promoters Madhu Kapur and Rana Kapoor 65

9 January, 2019 1:34 PM GSPL Q3 PAT seen up 12% YoY to Rs. 203.1 cr: Kotak

Kotak has come out with its third quarter (October-December’ 18) earnings estimates for the Oil, Gas & Consumable Fuel sector. The brokerage house expects GSPL to report net profit at Rs. 203.1 crore up 12% year-on-year (down 37% quarter-on-quarter). Net Sales are expected to increase by 37 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 478.3 crore, according 53

9 January, 2019 11:04 AM OYO launches OYO Home in Dubai

The company currently operates over 3,000 fully-managed residential accommodation in India across 25 cities. New Delhi: Hospitality firm OYO Wednesday said it has launched its home management service, OYO Home, in Dubai as it plans to introduce the category to other emirates in the UAE. Starting with 40 homes in the Dubai, the hospitality chain plans 42

9 January, 2019 5:26 AM Indusind Bank Q3 Net Profit seen up 2% YoY to Rs. 954.9 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Banking & Financial Institutions sector. The brokerage house expects Indusind Bank to report net profit at Rs. 954.9 crore up 2% year-on-year (up 3.8% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 17.9 percent Y-o-Y (up 1.4 percent 37