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Allcargo Logistics buys controlling stake in Gati
The all-cash deal will see the company eventually acquiring about 45% in Gati through a direct purchase of the promoters’ stake and a subsequent open offer. It values the company at about Rs 1,000 crore. Allcargo is funding this deal through a mix of internal accruals and debt. Internal accrual is through monetisation of non-core assets including land parcels.
Buy LIC Housing Finance, price target Rs 490: CK Narayan
The analyst suggested a stoploss at Rs 454.
Dabur has ‘war chest’ to buy companies, expand in rural India
The company is fanning out operations to remote parts of the country to access ...
Pak family-run UK company, Formations House, at centre of global investigation
Founded by Pakistani-origin businessman Nadeem Khan, Formations House emerged as a known destination for companies wishing to set up offshore entities and financial institutions. While Khan died in 2015, weeks before he was to stand atrial for money laundering in London, the company is being run by his daughter, Charlotte Pawar.
House Panel to meet social media company representatives today
The Parliamentary Standing Committee for Women Empowerment will hold discussions with executives of Facebook, WhatsApp, Instagram and Twitter on how to tackle bullying, stalking, abuse and harassment of women on social media
Trump declines to participate in House impeachment hearing
US President Donald Trump's lawyer Pat Cipollone said he cannot fairly be expected to participate in a hearing while the witnesses are yet to be named and while it remains unclear whether the Judiciary Committee will afford the president a fair process through additional hearings.
White House considered kicking Huawei out of US banking system: Sources
The plan, which was ultimately shelved, called for placing Huawei Technologies Co Ltd, the world's second largest smartphone producer, on the Treasury Department's Specially Designated Nationals (SDN) list. One of the people familiar with the matter, who favors the move, said it could be revived in the coming months depending on how things go with Huawei.
Bet on YES Bank for 20-25% upside in a month: Sudip Bandyopadhyay
There are significant concerns surrounding the names of the investors which they have lined up and the market did not like those names.
Buy BPCL, price target Rs 525: Kunal Bothra
The analyst suggested a stoploss at Rs 486.
Buy Tata Elxsi, price target Rs 886: Kunal Bothra
The analyst suggested a stoploss at Rs 818.
Buy NMDC, price target Rs 120: Kunal Bothra
The analyst suggested a stoploss at Rs 109.
Buy Bajaj Auto, price target Rs 3,375: Kunal Bothra
The analyst suggested a stoploss at Rs 3230.
Buy Zee Entertainment Enterprises, price target Rs 360: Mandar Jamsandekar
The analyst suggested a stoploss at Rs 268
Buy Tata Elxsi, price target Rs 990: Mandar Jamsandekar
The analyst suggested a stoploss at Rs 825
Buy ICICI Bank, price target Rs 560: Shubham Aggarwal
The analyst suggested a stoploss at Rs 509
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