Markets may open in the negative following pessimistic global cues
Markets may open in the negative following pessimistic global cues

Markets may open in the negative following pessimistic global cues

DSIJ Intelligence-3 Article rating: 5.0

Following an extended weekend, Indian markets would open on Tuesday under pressure on the backdrop of dampened global cues and also some media reports suggesting that President Donald Trump plans to end key trade preference for India. At the time of writing, the SGX Nifty was trading down by 10 points at the level of 10,838. In the economic data, market participants will look forward to the release of Nikkei Services PMI for the month of February which is due today.

Himatsingka joins hand with Iconix Brand Group for the Royal Velvet brand
Himatsingka joins hand with Iconix Brand Group for the Royal Velvet brand

Himatsingka joins hand with Iconix Brand Group for the Royal Velvet brand

Nidhi Jani Article rating: 5.0

Himatsingka Seide today informed the bourses that it has entered into a licensing agreement with the Iconix Brand Group for the Royal Velvet brand. This agreement will provide the exclusive licensing rights to the Royal Velvet brand for the territory of North America.

Bank Nifty: 26780-26680 level likely to act as crucial support
Bank Nifty: 26780-26680 level likely to act as crucial support

Bank Nifty: 26780-26680 level likely to act as crucial support

Vinayak Gangule Article rating: 5.0

In the near-term, the zone of 26780-26680 is likely to act as crucial support for index as it is the confluence of 100-day EMA and upward sloping trendline formed by connecting swing lows from January 29, 2019.

Indian Hume Pipe receives three LoI worth Rs 187.06 cr
Indian Hume Pipe receives three LoI worth Rs 187.06 cr

Indian Hume Pipe receives three LoI worth Rs 187.06 cr

Nidhi Jani Article rating: 5.0

Indian Hume Pipe Company has received three Letters of Intent (LoI) for works aggregating to Rs 187.06 crore from Vidarbha Irrigation Development Corporation (VIDC), Nagpur, in Maharashtra.

RBI imposes Rs. 4 crore fine on Karnataka Bank
RBI imposes Rs. 4 crore fine on Karnataka Bank

RBI imposes Rs. 4 crore fine on Karnataka Bank

DSIJ Intelligence Article rating: 5.0

The Reserve Bank of India (RBI) levied a fine of Rs. 4 crore on Karnataka Bank for failure to comply with regulatory norms regarding the implementation of four of the SWIFT-related operational controls directed by RBI.

SIP versus Lumpsum: Who is the winner?
SIP versus Lumpsum: Who is the winner?

SIP versus Lumpsum: Who is the winner?

DSIJ Intelligence Article rating: 4.0

SIP investments had underperformed lumpsum investment in the last one-year period. Read on to know if you should continue with your SIP.

DCB Bank: RBI imposes fine of Rs. 2 crore
DCB Bank: RBI imposes fine of Rs. 2 crore

DCB Bank: RBI imposes fine of Rs. 2 crore

DSIJ Intelligence Article rating: 3.3

The Reserve Bank of India (RBI) imposed a penalty of Rs. 2 crore on DCB Bank for the delay in compliance of RBI directives on SWIFT transaction related operational controls issued by the central bank in February 2018.

Reliance acquires two tech firms
Reliance acquires two tech firms

Reliance acquires two tech firms

DSIJ Intelligence Article rating: 3.3

Reliance Industries, through its 100 per cent subsidiary RIIHL, has signed agreements to acquire C-Square Info Solutions and Grab A Grub Services. These companies will strengthen RIL's digital and e-commerce capabilities. 

GMR Infra to divest full stake in APFTAL
GMR Infra to divest full stake in APFTAL

GMR Infra to divest full stake in APFTAL

Nidhi Jani Article rating: 5.0

GMR Infra on Monday informed the bourses that its subsidiary GMR Hyderabad International Airport Limited (GHIAL), has divested its 100 per cent stake in its subsidiary called Asia Pacific Flight Training Academy Limited (APFTAL) to a third party, for a token consideration.

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