Buy ONGC, price target Rs 136: Chandan Taparia
The analyst suggested a stoploss at Rs 124.
Buy Oil And Natural Gas Corporation, price target Rs 132: Jay Thakkar
The analyst suggested a stoploss at Rs 122 .
Geojit Financial maintains hold on ONGC, target price Rs 137
The brokerage cited lower than expected September quarter results for the rating...
Buy BPCL, price target Rs 525: Kunal Bothra
The analyst suggested a stoploss at Rs 486.
Stocks in the news: Bharti Airtel, YES Bank, Infosys, Reliance Infra and Allahabad Bank
Bharti Airtel's $3 billion fundraising exercise has been subscribed more than three times.
Infosys submits applications with RoC in ex-CFO's severance agreement matter
IT firm Infosys had agreed to pay its former CFO Rajiv Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the company suspended payments after he got Rs 5 crore as co-founder Murthy and others objected to the package. Bansal's severance payout has been one of the contentious issues Infosys founders had raised to allege governance lapses.
Buy ONGC, price target Rs 140: Shrikant Chouhan
The analyst suggested a stoploss at Rs 129.9.
DHFL: RBI retains its 3-member advisory panel
On November 22, the central bank had constituted a three-member advisory committee.
NBFC-P2P Association appoints Faircent’s Rajat Gandhi as its new President
The regulatory authority has decided that in order to give the next push to the P2P lending platforms, the aggregate exposure of a lender to all borrowers at any point of time, across all P2P platforms, will be increased to a cap of Rs. 50 lakh.
Buy BPCL, target price Rs 555: Shrikant Chouhan
Shrikant Chouhan recommended to keep stoploss at Rs 551.
Whistleblower complaint placed before audit committee: Infosys
An anonymous group that calls itself "ethical employees" have alleged that the company is taking unethical steps to increase short-term revenue and profits. Infosys has received whistleblower complaints in the past too, over alleged governance lapses.
NFRA, RoC seek information on whistleblower complaints: Infosys
Infosys said that it will provide the information as per the requests. Earlier on Wednesday, Infosys said speculations of co-founders and former employees being involved in the recent whistleblower allegations were "appalling" and seem to be aimed at tarnishing the image of some of "the most accomplished and respected individuals".
Infosys pays Rs 34 lakh as consent fees to Sebi in Rajiv Bansal case
An investigation by SEBI found that Bansal’s severance payment was not in accordance with the remuneration policy.
2019: Worst of times, best of times for Indian finance
DHFL went into bankruptcy and NBFCs struggled. PSBs, burdened by bad loans, are not out of the woods yet.
Investors may prefer a ‘safer’ TCS over Infy for now amid uncertainties
Price to Earnings (PE) ratio stood at 17.7 and TCS trading at 23.8 times.
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