The CNBC-TV18 news ticker on Twitter. The news breaks here first.
#OnCNBCTV18 | Yes Bank's Prashant Kumar expects H2 to be much better than H1.
#OnCNBCTV18 | Yes Bank's Prashant Kumar expects H1 to be much better than H1.
#OnCNBCTV18 | 'Total industry claims at 3.24 lakh, for us it is 17,000. Co should be fine given mix of business on managing COVID claims', ICICI Lombard's Bhargav Dasgupta tells us
#OnCNBCTV18 | Seshagiri Rao of JSW Steel is confident of achieving sales guidance of 15 mt but could miss production guidance
#OnCNBCTV18 | Nilesh Shah of Kotak Mahindra AMC says festive demand will provide support to consumption
NCLT grants DHFL 90 additional days for corporate insolvency resolution process (CIRP). Lockdown period between March 25 to July 31 is excluded from CIRP. 90-day period starts on October 8, 2020 & ends on January 5, 2021
#OnCNBCTV18 | Nilesh Shah of Kotak Mahindra AMC expects IT stocks to sustain current valuations. Festive demand will provide support to consumption he adds
Future Retail adds, arbitrator order will have to be tested under provisions of Indian Arbitration Act and will take steps to ensure deal with Reliance Retail proceed without any delay
Future Retail says, co is not a party to agmt under which Amazon has invoked arbitration proceedings. Co has been legally advised that co’s actions are in compliance of relevant agmts
#2QWithCNBCTV18 | Torrent Pharma is expected to report an increase of 24.4% in profit and 300 bps in margin YoY
Alembic Pharma gets US FDA nod for Timolol Maleate Ophthalmic Gel which is used to treat increased pressure inside the eye
Reliance Ind reverses salary cuts announced in April/May with arrears. Employees will get restated salary effective October. RIL believes the worst is behind India when it comes to COVID
#CNBCTV18Market | Jefferies has a BUY call on JSW Steel, the brokerage upgrades co's FY21-23 EPS estimates by 10-69%
#CNBCTV18Market | CLSA maintains SELL call on JSW Steel, target price set at Rs 245/sh
#CNBCTV18Market | Credit Suisse downgrades JSW Steel to NEUTRAL from OUTPERFORM, target at Rs 300/sh
Aurobindo Pharma’s arm enters into an agreement with New Mountain Capital LLC, NY & its affiliate Jarrow Formulas to dispose of its business assets as a going concern with related assets, liabilities, products, brands and employees.
#CNBCTV18Market | Jefferies has a BUY call on L&T, target at Rs 1,280/sh
In a statement sent to CNBC-TV18, IndusInd Bank said, "The promoter of IndusInd Bank, IndusInd International Holdings Limited (IIHL), completely denies the said rumour and considers it malicious, untrue and baseless."
Kotak Mahindra Bank on Bloomberg Report w.r.t IndusInd Bank merger: 'We have no comments to offer'
IndusInd Bank on Bloomberg Report: Promoters have always intervened to support, improve IndusInd Bank's financial position during economic crises. Promoter would continue to support Bank's initiatives to grow inorganically should such opportunities arise on horizon in the future