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20 July, 2018 2:24 AM Stocks in the news: Wipro, Bajaj Auto, JSW Steel, Hindalco, Alembic Pharma, JK Paper, Fortis

Wipro | Bajaj Auto | JSW Steel | Hindalco | Alembic Pharma | JK Paper and Fortis are the stocks which are in news today: Bajaj Finserv: Q1 consolidated profit rises 41 percent to Rs 825 crore versus Rs 585 crore; revenue increases 39 percent at Rs 3,943.6 crore versus Rs 2,839 crore (YoY). Hatsun Agro Product: Q1 profit rises to Rs 37.85 crore versus 49

18 July, 2018 2:00 PM JSW Steel to double Dolvi capacity to 10 mtpa by 2019

JSW Steel Ltd today said its domestic expansion was well on track at its Dolvi unit in Maharashtra, which would double capacity to 10 million tonnes per annum at an estimated cost of Rs 15,000 crore by the end of 2019. "We are installing a new integrated 5-million tonne capacity flat steel plant at Dolvi. Work is going on and is likely to be completed 40

18 July, 2018 12:50 PM Foreigners sell Asian bonds for third straight month in June

Foreigners withdrew money from Asian bond markets for the third consecutive month in June amid concerns that increasing trade frictions between the United States and China will disrupt the region's economic growth. Data from central banks and bond market associations showed foreigners sold a total of $1.9 billion of bonds from India, Indonesia, Thailand 37

18 July, 2018 7:35 AM How Tata Steel is reversing its sunk cost fallacy

Tata Steel is rectifying its capital allocation to tap opportunities in the domestic market and strengthen its competitive edge as competitors gain power The world’s most astute investor and businessman Warren Buffett once admitted to losing a huge sum of money letting sunk cost fallacy (infusing more and more capital to salvage an original investment) 38

18 July, 2018 6:57 AM D-street Buzz: 150 stocks hits 52-week low; HDFC twins gain, PSU bank down 1.5%

The market continue to trade higher with Sensex rising over 100 points and Nifty trading around 11,050 level. HDFC Bank share price rallied 2 percent intraday to hit a fresh record high of Rs 2,219 on Wednesday after raising of funds from its parent firm, while HDFC gained 1 percent after its subsidiary HDFC Asset Management Company decided to open the initial 36

17 July, 2018 7:04 AM Tata Steel plans to raise around $3.1 billion through overseas loans

Tata Steel has agreed to transfer two-third of its $18 billion debt to the new joint venture with Thyssenkrupp. The company will service the remaining debt with this loan. Tata Steel may raise around USD 3.1 billion through overseas loans to repay existing debt, ahead of the merger of its European operations with Thyssenkrupp, according to a report 53

17 July, 2018 6:54 AM Emporio Armani Connected 2018 Android smartwatch: All you need to know

The smartwatch has a few new features but runs on the older Snapdragon 2100 processor. Emporio Armani has announced its new smartwatch, the Emporio Armani Connected 2018, which comes with features that were unavailable in its first generation watch which was released last year. The new watch features a new design, also different from its predecessor 50

17 July, 2018 2:24 AM Stocks in the news: Ashok Leyland, HCL Info, HUL, JSW Energy, Glenmark Pharma, BEML, BEL

Ashok Leyland | HCL Info | HUL | JSW Energy | Glenmark Pharma | BEML and BEL are stocks, which are in news today. Hindustan Unilever: Q1 profit rises 19.2 percent at Rs 1,529 crore versus Rs 1,283 crore, Revenue jumps 11.2 percent at Rs 9,487 crore versus Rs 8,529 crore (YoY); domestic volume growth at 12 percent versus 11 percent (QoQ) & zero percent 71

16 July, 2018 7:12 AM As Bhushan Power & Steel lenders meet, operations creditors approach NCLT

The National Company Law Appellate Tribunal had last week asked the lenders to go ahead with the resolution process and select one of the bids Bhushan Power & Steel's Committee of Creditors will meet on Monday to take a call on the bids presented by Tata Steel and Liberty House. While many expect the lenders to take a favourable view of Tata Steel's 67

13 July, 2018 1:20 PM US tariff on steel import may indirectly affect India: Minister

Union Steel Minister Chaudhary Birender Singh today said the 25 percent tariff imposed by the US on steel import can 'indirectly' affect the domestic sector. US President Donald Trump has imposed a 25 percent import tariff on steel and 10 percent on aluminium. Singh had earlier said the US' levy of heavy tariffs on imported steel and aluminium would 41