Naukariadda

The kingpin of a bitcoin scam worth Rs 485 crore that had its roots in Kerala has been beaten to death by five of his associates here, a senior police official said on Saturday. The attackers tortured Abdul Shakoor till he fell unconscious and left the body at the emergency ward of a private hospital here on Thursday night before fleeing. They were arrested on Friday, the officer said. The scam has its roots in Kerala and the kingpin, Shakoor, as well as his associates hail from the southern state, Dehradun SSP Arun Mohan Joshi said, adding that a search was underway to nab for five more close aides of Shakoor Ashique, Arshad, Yasin, Rehaab and Muneef. Giving details, the SSP said Shakoor ran a bitcoin business and had allegedly collected around Rs 485 crore for investing in crypto-currency from residents of Pandikkad, Manjeri and Malappuram in Kerala. Shakoor's animosity with his team members started when he allegedly suffered losses in the business and escaped to Dehradun as peop...

Today, gold needn't be held physically; which makes it truly an investment product that comes without the associate sentimental attachment from Markets https://ift.tt/2LwOBpp

Pressure exacerbated by increasing labour costs, interest on working capital, land, plant and machinery from Markets https://ift.tt/2Pul7gO

The index will have 10 Sebi-approved agri commodities. Once open for trading, the NCDEX index for agri and MCX index for non-agri commodities will theoretically complete a basket from Markets https://ift.tt/2zEz1lK

Experts cite higher import duty as reason for rise in smuggling from Markets https://ift.tt/2Lj4H5O

Mounting troubles for NBFCs, concerns over corporate debt, and uncertainty surrounding trade war have further contributed from Markets https://ift.tt/2PocPqV

Regulator makes side-pocket mandatory for resolution process; over 100 exposed schemes fail to make the cut from Markets https://ift.tt/2ZqT2vn

Investors need to understand the share swap ratio and the other details of the proposed merger, analysts caution from Markets https://ift.tt/2ZFM2WO

Sectorally, all the indices on the NSE ended in the green. Nifty Pharma index ended the day as top gainer, up 2.4 per cent, followed by Nifty Metal index, up 1.8 per cent from Markets https://ift.tt/2NCZUia

Oriental Bank of Commerce, Central Bank of India, Syndicate Bank and Allahabad Bank were up in the range of 3 per cent to 6 per cent on the NSE. from Markets https://ift.tt/327vxVg

The ICRA board said it would commence a search for Takkar's replacement, adding that Vipul Agarwal, remains responsible for the day-to-day operations of the firm until a CEO is appointed. from Markets https://ift.tt/2Ug73Gw

If NTPC develops its own coal mining capability in the next 5-7 years, Coal India risks losing 100-120 million tonne (mt) of coal supply to NTPC, according to a Coal India official from Markets https://ift.tt/2NEVJCB

For the April-June 2019 quarter (Q1FY20), CreditAccess Grameen posted 33 per cent year on year (YoY) growth in net profit at Rs 96 crore, backed by lower provisioning from Markets https://ift.tt/2zs7AvB

The company announced it will acquire Essel Infra's 205 megawatt (Mw) of solar assets for Rs 1,300 crore. from Markets https://ift.tt/348o0as

Earlier this month, YES Bank had raised Rs 1,930 crore through the Qualified Institution Placement (QIP) route from Markets https://ift.tt/2UfNRbW

HDFC offloaded 64.7 million equity shares representing 8.8 per cent of total equity of GRUH Finance for worth of Rs 1,599 crore at an average price of Rs 247 per share, the NSE data shows. from Markets https://ift.tt/2MKSv0y

The domestic unit gave up most of its losses to close down by 3 paise at 71.80 on Thursday. from Markets https://ift.tt/2ZCMpBz

Here's a look at the top stocks that may remain in focus today. from Markets https://ift.tt/34cRKmI

Market participants will continue to track global cues, stock-specific action, oil price movement, and the Rupee's trajectory from Markets https://ift.tt/326Wt7A

The yield curve between US two-year and 10-year has widened, signaling that recession may come in 12 to 18 months. from Markets https://ift.tt/2Ll5VgT

Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities. from Markets https://ift.tt/2Zq4x6s

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor from Markets https://ift.tt/34a5Mp9

Catch all the live market updates here from Markets https://ift.tt/2ZsF5NC

For Asian Paints, keep a stop at 1,600 and go long. Add to the position between 1,632-1,638. Book profits at 1,40 from Markets https://www.business-standard.com/article/markets/today-s-picks-from-asian-paints-to-yes bank-hot-stocks-to-watch-on-friday-119083000011_1.html

Earlier, the deadline to square-off these trades was August 31, 2019, if the client was unable to meet the payment obligation from Markets https://ift.tt/2ZEclgl

The regulator said it was up to the exchange to fix accountability on employees, and take action as it deemed fit and appropriate from Markets https://ift.tt/2ZCM2e8

Crisil Research forecast kharif crop output to decline 3-5% on uneven distribution of rainfalls from Markets https://ift.tt/2ZyssM8

This will bring in stability, avert risks and facilitate a level-playing field to one and all players, the bourse said in a release from Markets https://ift.tt/2ZxwJ6M

The proposed electricity exchange is awaiting clearance from the Central Electricity Regulatory Commission from Markets https://ift.tt/30Jzy1L

Sectorally, Nifty PSU Bank index ended 2.5 per cent lower, followed by Nifty Financial Services index (down 1.7 per cent), and Nifty Bank index (down 1.6 per cent). from Markets https://ift.tt/30HSON5

Most traders couldn't place fresh orders on brokerage's platform for 35-40 minutes on expiry day from Markets https://ift.tt/2ZAeLjS

The company delivered strong April-June quarter (Q1FY20) results led by low double-digit domestic decorative paint volume growth and robust growth in subsidiary businesses. from Markets https://ift.tt/2HLdqgf

Around 31 million shares representing 7 per cent of the total equity of Lemon Tree Hotels changed hands on the BSE via block deal from Markets https://ift.tt/30Hkl1p

Brookfield was re-evaluating its investment plans in the Indian batteries market due to "technological uncertainties". from Markets https://ift.tt/2zrYgYx

HDFC Securities has 'buy' rating on Sun Pharma with a 12-month target price of Rs 545 as the brokerage expects a recovery in the profitability (24 per cent margin) by FY21E. from Markets https://ift.tt/2zuAICe

Analysts say the government's booster dose might not be enough to spur demand in the near term, meaning India's economic woes will continue to weigh on shares and the rupee from Markets https://ift.tt/2NCsMXW

Naveen Kulkarni, head of research at Reliance Securities, shares his views on the current state of stock market, its outlook, and top stocks and sectors he is overweight on in this special podcast from Markets https://ift.tt/2L18gyC

The troubled non-banking finance company will be replaced by the multinational fast-moving consumer goods company Nestle India in the broader index from Markets https://ift.tt/2ZxrTlZ

The domestic unit on Wednesday lost 29 paise to close at 71.77 as fears of an impending global recession prompted investors to stick to safe-haven assets. from Markets https://ift.tt/2L1EKIT

Here's a list of counters that may trade actively in today's trading session. from Markets https://ift.tt/2Hw4vyZ

Weak global cues and the Rupee's trajectory will be other major factors affecting investor sentiment today from Markets https://ift.tt/2LeO3nL

Catch all the live market updates here from Markets https://ift.tt/32bUSxq

So far, Nestle India wasn't part of the Nifty even as its total market cap exceeds over half of Nifty components from Markets https://ift.tt/2Ubc8Qq

The investigation team is of the view that the matter does not require further probe, said sources. The team sent its report to the Sebi committee for vetting from Markets https://ift.tt/2HwTayJ

Sectorally, realty stocks gained the most, with the Nifty Realty index settling 2.4 per cent higher. This was followed by Nifty IT index which closed 1.3 per cent higher from Markets https://ift.tt/2zoWIhW

Yields on the benchmark 10-year note ended five basis points higher at 6.53% on Tuesday from Markets https://ift.tt/341R2Zk

Moody's expects the bulk of YES Bank's operating profits to get consumed by loan loss provisions over the next 12-18 months, and thus not support internal capital generation. from Markets https://ift.tt/2Ua9Xwx

Despite the churn, the private banks will still top the weightings table with a weightage of 26 per cent in the index, followed by the energy sector at 23 per cent from Markets https://ift.tt/2zqLb1F

Finance Minister Nirmala Sitharaman recently announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by foreign portfolio investors and domestic investors from Markets https://ift.tt/328tr7p

Since July 19, post April-June quarter results, RBL Bank has underperformed the market by falling 42 per cent as compared to 3 per cent decline in the Nifty 50 index. from Markets https://ift.tt/30GFwjZ

After consolidating for a few days, gold and silver prices spiked yesterday on fears that inverse short- and long-term bond yields in the United States will lead to recession from Markets https://ift.tt/2LcpkAC

Moody's Investors Service says that rising input costs and an inability to pass on higher costs to customers are pressuring the profitability of Asian steel producers from Markets https://ift.tt/2MGXZtj

The global financial services major DBS, however, noted that interests in this paper is likely to be lukewarm ahead of the new 10Y issuance in September or October from Markets https://ift.tt/328aFNt

The rating agency said it placed the ratings on CreditWatch to reflect the uncertainty regarding IDBI's ability to meet its regulatory capital requirement over the next few months. from Markets https://ift.tt/2U8UjRU

For the quarter ended June 30, 2019, the FMCG bellwether reported 15 per cent year-on-year (YoY) growth in its net profit at Rs 1,755 crore. from Markets https://ift.tt/2NAvMnD

Vadilal Industries reported a 16 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 38 crore on the back of higher sales from Markets https://ift.tt/2MHUEKt

The domestic unit on Tuesday spurted by 54 paise, its biggest single-day gain in more than five months, to close at a one-week high of 71.48. from Markets https://ift.tt/2L9jFLw

Here's a look at the top stocks that may remain in focus today. from Markets https://ift.tt/2NAIbYU

Realty stocks are likely to see some major movements today as Centre is readying a package to perk up the real estate sector from Markets https://ift.tt/2LaV8ps

Here are the weekly stock recommendations by Religare Broking from Markets https://ift.tt/2HslYrY

Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities. from Markets https://ift.tt/2NAyYQd

Catch all the live market updates here from Markets https://ift.tt/2Hu8Fap

The state government on Tuesday suspended and initiated a departmental inquiry against a top education department officer for his role in alleged irregularities in the constitution of centres for the Uttar Pradesh board examinations during the academic year 2018-19.District School Inspector Anil Kumar Mishra is accused of constituting more examination centres than sanctioned by the Uttar Pradesh Board of High School and Intermediate Education.According to the government, he ordered setting up 289 examination centres as against 242 centres sanctioned by the board this year.Apart from the board examination, irregularities were found on his part in setting up of examination centres for Deled training (2017) and BTC fourth semester examination between 2013 and 2015, the government said.Mishra did not follow the guidelines laid down by the board and mislead the district administration on the matter, it said.The government has also directed the authorities to take action against the ... fr...

A 25-year-old Indian-origin man has agreed to plead guilty to federal criminal charges for owning and operating an unlicensed money transmitting business where he exchanged up to USD 25 million in cash and virtual currency for individuals, including drug dealers and other criminals. Kunal Kalra, also known as 'Kumar', 'shecklemayne' and 'coinman', was charged in a four-count criminal information filed in the US District Court in Los Angeles. He is expected to make his initial court appearance next month. Homeland Security Investigations (HSI) criminal investigators seized nearly USD 889,000 in cash from Kalra's bank accounts and vehicle, as well as approximately 54.3 bitcoins and other cryptocurrencies. The maximum possible sentence Kalra could receive for these charges is life in federal prison. Kalra also agreed to plead guilty to four felonies of distribution of methamphetamine, operating an unlicensed money transmitting business, laundering of monetary i...

Shares of Infosys closed the session down 2.23 per cent at Rs 785 on Tuesday from Markets https://ift.tt/2NzBwhu

Sebi chief Ajay Tyagi urges MFs to be more careful investing in high-yield debt instruments and not choose returns over safety from Markets https://ift.tt/2U9Cx0V

Sectorally, public sector banks, NBFCs, automobile, and metal stocks gained the most. Nifty IT index was the top loser, closing 1.35 per cent lower from Markets https://ift.tt/2KYL4B3

Primary aluminium makers focus on exports and value-added products. from Markets https://ift.tt/2Zte8c2

The tax department had conducted search at the premises of the Capacit'e Infraprojects on August 25, 2019 but no claims have been made against the company, it said. from Markets https://ift.tt/30DUAyN

Central banks added 374.1 tonnes in the first six months, helping push total bullion demand to a three-year high, according to the World Gold Council from Markets https://ift.tt/2PfLJ5n

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006, the report said. from Markets https://ift.tt/2HsD09g

For Q1FY20, the company reported 55 per cent year-on-year (YoY) drop in its consolidated net profit at Rs 15 crore, due to lower sales from Markets https://ift.tt/2NyFZB2

In the calendar year 2019, Infosys has outperformed the market by surging 22 per cent as compared to a 4 per cent rise in the Sensex and 12 per cent gain in the S&P BSE Information Technology index. from Markets https://ift.tt/2ZqDW9z

Post the Union Budget presentation, L&T has underperformed the market by falling 18 per cent, as compared to 8 per cent decline in the S&P BSE Sensex from Markets https://ift.tt/30A1DIY

Thus far in the current financial year 2019-20, the stock has zoomed 56 per cent, as compared to 3 per cent decline in the S&P BSE Sensex. from Markets https://ift.tt/2MDWqfP

Britannia Industries, on the other hand, was trading nearly 5 per cent higher at Rs 2,656 apiece on the BSE. from Markets https://ift.tt/2ZmhjCj

The currency settled at 72.02 to the US dollar, the lowest closing level since November 14, 2018, even as equities spurted more than 700 points at close on stimulus measures. from Markets https://ift.tt/2Zy5SHu

Here's a look at the top counters that are likely to trade actively in today's trading session. from Markets https://ift.tt/2KXE5rY

Global cues and fiscal stimulus are likely to sway investor sentiment today from Markets https://ift.tt/2zte3WR

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers. from Markets https://ift.tt/2KVd9sQ

Catch all the live market updates here from Markets https://ift.tt/2HsEaBL

Nifty, Bank Nifty, Indiabulls Housing, Tata Motors and Zee Entertainment from Markets https://ift.tt/2L9n2Cb

Imports of aluminium scrap into India are growing unabated, helped by a benign duty of 2.5 per cent and fuelled by US-China trade tensions from Markets https://ift.tt/2UbdOtm

Joanna Kwok, who co-manages the JPMorgan Asia Growth Fund, says volatility will linger in Asia markets due to trade tensions, corporate earnings concerns from Markets https://ift.tt/2PpDnb4

Many have Mutual fund assets, which are less than 5% of economic output from Markets https://ift.tt/2Zk7up9

Sensex posts best figures in 3 months; rupee weakens as FPIs keep pulling out from Markets https://ift.tt/2HnyKYM

The metal was trading at a discount of Rs 1,500 per 10 grams, or $65-70 an ounce, to the cost of imports, the highest since 2016, post demonetisation from Markets https://ift.tt/2KWU4Xt

The BSE benchmark Sensex zoomed 792.96 points or 2.16 per cent to close at 37,494.12 from Markets https://ift.tt/2Lc1kgG

Average collection between April-July was Rs 377 cr, over twice the average in previous four months; Experts say uptick in markets could improve investor sentiments, drive higher flows from Markets https://ift.tt/2PblBZd

On NSE, the Nifty50 index reclaimed the crucial 11,000 level to close at 11,058, up 229 points, or 2.11 per cent. from Markets https://ift.tt/33ScTSS

The Swiss asset manager cut its stock positioning relative to high-grade bonds to reduce its exposure to trade wars and political uncertainty from Markets https://ift.tt/2KUiO2g

The proposed Rs 1,960 crore share buyback offer will open on September 6, 2019 and close on September 20. from Markets https://ift.tt/342pF19

Oil had rallied by more than 10 per cent from a low in early August, as relations between the US and China appeared to be improving, before it started falling last Wednesday from Markets https://ift.tt/327N7bN

The stock was trading 1 per cent lower at Rs 15,197, its lowest level since January 19, 2016, in the intra-day trade on the BSE. from Markets https://ift.tt/2U20qaM

On Friday, US President Donald Trump announced a 5 per cent additional duty on $550 billion in targeted Chinese goods from Markets https://ift.tt/30wJziU

Tata Steel, Vedanta and JSW Steel were down more than 5 per cent each on the NSE. from Markets https://ift.tt/2KXkzvL

Bank of Baroda, PNB, Bank of India, Oriental Bank of Commerce, Central Bank of India, Allahabad Bank, Syndicate Bank, Union Bank of India, and Canara Bank were up 5% to 12% in intra-day trade from Markets https://ift.tt/2NsGKM5

The domestic unit on Friday ended at 71.66, up 15 paise. from Markets https://ift.tt/30wWelK

Here's a look at the top stocks that may remain in focus today. from Markets https://ift.tt/2KU2H4Y

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls. from Markets https://ift.tt/2Pfrc0z

Investors are likely to see a firm beginning to the week as a slew of measures, including the rollback of super-rich tax on the foreign portfolio investors from Markets https://ift.tt/2KVmf90

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor from Markets https://ift.tt/325Es9s

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher. from Markets https://ift.tt/2ZsptZJ

Stock calls and market outlook by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd. from Markets https://ift.tt/30y6qu9

Catch all the live market updates here from Markets https://ift.tt/2U4F64g

Sugar is trading at Rs 3,287 per quintal in Kolhapur, Jeera prices in Unjha are trading at Rs 17,320 per quintal from Markets https://ift.tt/2HpHdKS

Stocks of firms in the automobile, banking, and real estate sectors, and those of non-banking financial companies (NBFCs) are likely to remain under focus from Markets https://ift.tt/2U1A7RY

Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign portfolio investors levied in the Budget from Markets https://ift.tt/2Nwhip4

Data from Morningstar showed that assets under management of gold Exchange Traded Funds have been rising since April this year from Markets https://ift.tt/2ZtuDEN

In contrast, the valuation of TCS zoomed Rs 31,538.79 crore to Rs 8,43,367 crore and that of Infosys jumped Rs 11,746.94 crore to Rs 3,44,419 crore from Markets https://ift.tt/2HncOgg

In India, the rise in gold prices as well as the depreciation in the rupee value has pushed its prices to new highs from Markets https://ift.tt/33TaWpk

These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt from Markets https://ift.tt/2Ntv2k7

In retail, garlic was selling at Rs 200 a kg in Mumbai on Saturday, up 100 per cent from its price about a month ago from Markets https://ift.tt/2Nx6kzp

Two Indian-origin Canadian nationals have been charged on various counts in a bitcoin fraud case where they used social media platform Twitter to transfer hundreds of thousands of dollars worth of virtual money in their accounts. Karanjit Singh Khatkar, 23, and Jagroop Singh Khatkar, 24, of Surrey would face one count each of conspiracy to commit wire fraud and money laundering, five counts of wire fraud, three counts of aggravated identity theft and multiple counts of money laundering. The case involves the duo tricking an Oregon-based woman in transferring her bitcoins worth approximately USD 233,220 into their account. Bitcoin is a digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. According to the indictment, beginning in October 2017 and continuing until August 2018, the defendants used a fraudulent Twitter account with the name @HitBTCAssist to trick the ... ...

Data released by a state millers association earlier this week showed slower output growth for the first 20 days of August compared with a month earlier from Markets https://ift.tt/2TZkomt

The government has provided additional support of Rs 20,000 crore to the stressed housing finance companies from National Housing Bank (NHB) from Markets https://ift.tt/2KTkmtv

Market regulator Sebi had set up a committee headed by former Chief Justice of India R M Lodha following a Supreme Court order to refund money to investors in the matter of PACL Group from Markets https://ift.tt/2L4mpd3