Wednesday 16 May 2018

The Economic Times Daily Newsletter

THE ECONOMIC TIMES
Wed, May 16, 2018 | 05:44 PM IST

Daily Newsletter

Did you ever think of an Ambani company going bankrupt?

The fall of RCom is part of a long decline. Personal fortunes of Anil Ambani have shrunk ever since he and Mukesh Ambani split the family business in 2006.

About time PNB takes some rest from banking activity; here's why

The bank, at the epicenter of a massive fraud, on Tuesday reported a $2 billion loss....

Binani Industries offers to pay 100% claims of debtors

In a fresh petition filed before the NCLAT, it submitted that the offer will clear the dues of financial creditors, o...

HD Kumaraswamy accuses BJP of offering Rs 100 crore to JD-S MLAs

Addressing the media in Bengaluru, he said that Rs 100 crore was offered to each JD(S)MLA in return for switching to ...

How India's top large-cap fund managers beat the winner's curse
In a space that has been in throes of market turmoil and regulatory change, giving stellar returns year after year doesn't come easy. A fine mix of numeracy, foresight, and instinct helps.
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Away from the public gaze, State Bank of India is preparing to unleash a revolution Away from the public gaze, State Bank of India is preparing to unleash a revolution
While PSU banks have been slow to move and see what was coming, SBI has been swift and has moved ahead to launch many...read more
Look to India for returns, not China's BRI, funds say » 
Credit Suisse 'underweight' on Indian equities » 
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E-book: Creating a Robust Investment Portfolio

There are no short-cuts to success in life and the same holds true when it comes to building wealth. Here's how you can find the key to meet your goals.

BJP performance in Karnataka good for India at this stage BJP performance in Karnataka good for India at this stage...
Alastair Newton, Alavan Business Advisory
Latest Updates
Want to mint money? Check out Saurabh Mukherjea's prescription

Ahead of the curve, Mukherjee spots two new mega trends that could play out over next 10 years....

Driving force for mkt: Gautam Chhaochharia cites the Modi factor

Bottom-up always works in India & this year should be no exception: UBS' research head....

Punjab seeks inclusion of 13 road projects under 'Bharatmala'

In a letter to Union Minister of Road Transport, Highways & Shipping Nitin Gadkari, Chief Minister Amarinder Singh so...

View: Policy clarity needed to allay fears over privatisation

As we evaluate potential policies regarding privatisation in India, it would be useful to look at the specific asset ...

Market Watch 16 May | 05:44PM|
SENSEX NIFTY USD/INR GOLD
35387.88
-156.06
10741.10
-60.75
67.81
-0.30
30975.00
-200.00
MARKET NEWS
Half of the thousands of crores government set aside for PSU banks wiped out

So far, just two government banks — Vijaya Bank and Indian Bank — reported annual profits....

The other Buffett: The good host in the Mecca of investors

Buffett's optimism and disciplined manner of staying the course has got him to where he is....

Gainers Losers 16 May, 2018, 05:44PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Indiabulls Real Estate 208.80 12.20 3225592 210.00 191.00
Edelweiss Financial Services 314.35 6.13 648653 323.15 290.35
Motilal Oswal Financial Services 976.10 6.05 11460 987.00 911.00
Karnataka Bank 117.00 5.64 1140172 120.30 107.60
Delta Corp 238.65 5.55 3266301 244.35 222.90
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
Water mismanagement leaves India's Silicon Valley parched
Water mismanagement leaves India's Silicon Valley parched
Gaza's troubles run deep, with no end in sight
Gaza's troubles run deep, with no end in sight
Trucker Putin opens Russia bridge link with annexed Crimea
Trucker Putin opens Russia bridge link with annexed Crimea
Cheap bicycles are causing a mountain of rejected bike graveyard
Cheap bicycles are causing a mountain of rejected bike graveyard
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FROM THE NEWSPAPER
NCLT admits Ericsson's bankruptcy plea against RCom, subsidiaries

Reliance Infratel, the tower subsidiary of Rcom, is also battling HSBC Daisy Investments & other minority shareholder...

Centre proposes charging points for electric vehicles every 3 km

NTPC, Power Grid Corp and Indian Oil Corp are likely to initiate the process to set up charging stations at several l...

ArcelorMittal parks Rs 7,000 crore with SBI to clear Uttam Galva dues

A core committee of lenders of Essar Steel met the executives of the companies in Mumbai after ArcelorMittal's paymen...

Government's RuPay making solid gains in payments space

Data from NPCI shows that RuPay card usage at point-of-sales devices has jumped 135% to 459 million transactions in f...

Nirav Modi scam: US court wants PNB staff probed

The court said several conversations were held between the US court representative, and officials of PNB and the mini...

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ET PANACHE
Google WiFi's new feature will let you run a speed test individually on each connected device
Google WiFi's new feature will let you run a speed test individually on each connected device
Salman Khan to return to Jodhpur for Arms Act, poaching case hearing tomorrow
Salman Khan to return to Jodhpur for Arms Act, poaching case hearing tomorrow
Royal wedding: Prince George, Princess Charlotte to be page boy and bridesmaid
Royal wedding: Prince George, Princess Charlotte to be page boy and bridesmaid
Virat Kohli enjoys experimenting with colours and style, loves his white sneakers
Virat Kohli enjoys experimenting with colours and style, loves his white sneakers
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