Tag Archives: buy

Tata Communication shelves plan to buy Tata Teleservices’ enterprise business

The government is a 26% stakeholder in TCL, earlier known as Videsh Sanchar Nigam Ltd. The Tata Group is believed to have dropped plans for group company Tata CommunicationsNSE -0.11 %, one of the largest telecommunications solutions providers in the world, to buy out sister concern Tata Teleservices’ enterprise business for now, people familiar with the matter have said. Top ... Read More »

Shall I buy the HDFC AMC stock or mutual fund?

HDFC AMC shares listed on Monday and ended the day with gains of 65%. Photo: HT The HDFC Asset Management Co. Ltd stock closed 65% up on the first day of listing over its IPO price of ₹1,100 per share. Investors who sold on day one, saw ₹1 lakh investment turn to about ₹1.65 lakh over a 10-day period. HDFC AMC’s business ... Read More »

Buy Dewan Housing Finance; target of Rs 726: Edelweiss

Dewan Housing Finance (DHFL) ended FY18 on a positive note. AUM gathered significant momentum—rose >30% (average 20% growth over the past two years)—on the back of robust >80% YoY disbursement growth in Q4FY18. This, along with stable NIMs at 3.03%, supported revenue growth and asset quality also remained stable (GNPLs at 96bps) with coverage of 110% (105% in FY17). However, ... Read More »

More than 100 stocks above Rs10K crore market cap trading above 200-DMA; time to buy?

The Nifty50 flirted with its long-term moving average which is also known as 200-day moving average (DMA) in the past week but there are as many as 126 stocks in the large and midcap space with a market capitalisation of more than Rs 10,000 crore which are trading just above this crucial level as on 5th April. When the Nifty ... Read More »

No tax exemption if LTCG from sale of residential property is used to buy farm land

Is LTCG exempt if I buy agricultural land by selling a residential property? A portion of this amount was withdrawn from an LTCG deposit account towards partial payment of a housing board property. But the authority is yet to announce allotment. The LTCG deposit scheme is valid only for 2 years. Can it be extended since the allotment procedure has ... Read More »

International Day of Happiness: Money can buy you happiness, but only to a certain point, says Raj Raghunathan

Raj Raghunathan, professor of marketing (consumer behaviour) at University of Texas at Austin and author of ‘If You’re So Smart Why Aren’t you Happy?’, attempts to unravel the relationship between money and happiness. Can money buy you happiness? Perhaps, to some degree, if you manage it well. On International Day of Happiness on Tuesday, Raj Raghunathan, professor of marketing (consumer ... Read More »

Another Bank Says Its Credit Cards Can’t Be Used to Buy Bitcoin

The U.K. banking group Lloyds has banned its customers from using their credit cards to buy bitcoin and other cryptocurrencies. The move comes just a couple days after U.S. banks—from Bank of America and J.P Morgan to Citigroup, Discover and Capital One—told their customers not to buy virtual coins on credit. “Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept ... Read More »

Buy, Sell, Hold: 6 stocks are in focus on January 23, 2018

Brokerage: Credit Suisse | Rating: Underperform | Target: Raised to Rs 1,100 The global research firm said that volume growth was much lower than historical trends. It has lowered earnings by 3-4 percent and said that the firm must take a price hike to stem margin decline. Brokerage: Citi | Rating: Sell | Target: Rs 1,080 global financial services firm ... Read More »

Best 25 Places to Buy Small Business Cards

Best Business Card Sites When it comes to having business cards printed, there’s a whole host of printing card companies available. Take a look at the following 25 places to buy the best business cards. 123Print 123Print has a large library of pre-made business card templates. Its online design tool allows businesses to make edits to their business cards conveniently. 123Print ... Read More »

Buy, Sell, Hold: Here are 6 stocks that are in focus today

Brokerage: CLSA | Rating: Buy | Target: Rs 905 The global research firm said that outlook for exports has improved significantly. It sees demand picking up in key industrial export segments and a strong 34 percent EPS CAGR over FY17-20. The brokerage said that the firm had valuations at 30x one-year forward PE are not cheap but should sustain. Dish ... Read More »