R NARAYANASWAMY
Former Karnataka Deputy CM Govind Karjol wins Chitradurga seat
Former Karnataka Deputy Chief Minister Govind Karjol of the BJP won the Chitradurga Lok Sabha seat with a margin of 48,121 votes, defeating Congress candidate B N Chandrappa.
BJP denies ticket to Union Minister Narayanaswamy from Chitradurga Lok Sabha seat
Govind M Karjol replaces A Narayanaswamy as BJP's candidate for Chitradurga Lok Sabha due to anti-incumbency. Karjol, a former minister, contests against R B Timmapur and B N Chandrappa.
RBI forms working group to find framework for transition to credit-loss based provisioning system
The Reserve Bank of India has established a working group to propose a framework for a smoother transition to the expected credit loss-based provisioning system. The group, headed by R. Narayanaswamy, will provide inputs on technical aspects of the transition. The new system would be a shift from the current incurred loss-based provisioning regime. While there are concerns about the impact on banks' profits, India Ratings and Research believes that the healthy operating buffers and provision coverage ratio provide comfort. The group will also suggest factors for determining credit risk and recommend prudential floors for provisioning.
Basavaraj Bommai, DK Shivakumar and KH Muniyappa among key winners in Karnataka elections
Bommai won from Shiggaon defeating Congress Yasir Ahmed Khan Pathan by a margin of 35,978 votes. Shivakumar defeated B Nagaraju of JD(S) with a win from his traditional Kanakapura seat by a margin of 1,22,392 votes, while former deputy chief minister and former KPCC chief G Parameshwara won from Koratagere by 14,347 votes. Veteran Congress leader and seven-time MP Muniyappa, who had for the first time forayed into Assembly elections, won from Devanahalli defeating Nisarga Narayanaswamy of JD(S) by 4,631 votes.
Buy Amara Raja Batteries, target price Rs 696: Sharekhan by BNP Paribas
Amara Raja Batteries, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 9576.60 Crore) operating in Auto Ancillaries sector.
Buy Amara Raja Batteries, target price Rs 696: Sharekhan by BNP Paribas
Amara Raja Batteries, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 9539.88 Crore) operating in Auto Ancillaries sector.
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Buy Amara Raja Batteries, target price Rs 756: Sharekhan by BNP Paribas
Amara Raja Batteries, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 11069.50 Crore) operating in Auto Ancillaries sector.
Yediyurappa indicates bigger role for son in Karnataka BJP, after denial of ticket for MLC elections
Ignoring the recommendation of the state unit to field Vijayendra for the June 3 biennial elections to seven seats of Karnataka Legislative Council, the party central leadership on Tuesday announced names of four candidates, hours before the deadline for filing of nominations ended.
Karnataka BJP likely to recommend MLC ticket for B S Yediyurappa's son Vijayendra
Biennial elections to four Rajya Sabha seats from Karnataka and two each graduates' and teachers' constituencies of the state Legislative Council will be held on June 10 and 13 respectively.
Pandemonium mars Karnataka Council proceedings; house adjourned sine die
Pandemonium broke out at the Karnataka Legislative Council on Tuesday, as Deputy Chairman S L Dharme Gowda was literally pulled down from the Chairman's seat and the House was adjourned sine die without taking up any business.
Buy Amara Raja Batteries, price target Rs 810: Kunal Bothra
The analyst suggested a stoploss at Rs 764.
Kotak Institutional Equities maintains reduce on Hindustan Zinc, revises fair value to Rs 210
The brokerage has cut EPS estimates by 6-10% factoring in lower volumes and commodity prices.
Buy Amara Raja, price target Rs 820: Kunal Bothra
The analyst suggested a stoploss at Rs 767.
Phillip Capital maintains neutral rating on Hindustan Zinc, target price Rs 215
For the second consecutive year, the company failed to deliver the annual production guidance.
Maybank Kim Eng Securities maintains buy on Sterlite Technologies, target price Rs 190
Though the brokerage cut its FY20-22 estimated EPS by 4-14%, the stock is trading at an attractive valuation of 8.3 times FY21 estimated earnings.
Edelweiss maintains buy on Amara Raja Batteries, target price Rs 801
The tax cut gives battery players power to enhance investments and R&D for technology upgradation.
Kotak Institutional Equities retains ‘add’ on Amara Raja Batteries, raises fair value to Rs 800
The brokerage expects Amara Raja revenue growth to remain robust over FY19-22.
Antique Stock Broking maintains buy on Hindustan Zinc, target price Rs 241
The analyst suggested a stoploss at Rs $stopLossL
Buy Amara Raja Batteries, price target Rs 810: Manas Jaiswal
The analyst suggested a stoploss at Rs 750.
Buy Hindustan Zinc, price target Rs 235: Sagar Doshi
The analyst suggested a stoploss at Rs 208
Sell Amara Raja Batteries, target Rs 629: Jay Thakkar
Sell Amara Raja Batteries Ltd. at a price target of Rs 629.0 and a stoploss at Rs 657 from entry point.
Sell Hindustan Zinc, target Rs 206: Manas Jaiswal
Sell Hindustan Zinc Ltd. at a price target of Rs 206.0 and a stoploss at Rs 222 from entry point.
Bengaluru re-elects 22 of 26 MLAs
WhileJDS’ K Gopalaiah has been elected again, R Manjunatha has emerged as a dark horse by defeating BJP’s sitting MLA S Muniraju in Dasarahalli.
Suyam Charitable Trust: Rough road to nurturing dreams
Jayavel was rescued along with several other street children over the last two decades by Uma Venkatachalam and Muthuram Narayanaswami who started Suyam Charitable Trust to provide education to rescued children.
ViaSat opens first Indian R&D facility in Chennai
Satellite broadband services provider ViaSat Inc, today inaugurated its first Research and Development (R&D) facility in India in Chennai.
Lok Sabha polls 2014: Ex-CM Sadananda Gowda faces tough challenge in Bangalore North
D.V. Sadananda Gowda, a former Chief Minister, and C. Narayanaswamy, are slugging it out in what both consider as a "safe seat" for them in a "decent" fight.
LS polls 2014: Narayanaswamy faces stiff challenge in Puducherry
MoS in PMO V Narayanaswamy is facing a fierce contest in the lone Lok Sabha seat in Puducherry, which has thrown up a multifaceted contest.
12 Ministers fall as Congress juggernaut rolled on in Karnataka
12 Ministers of the Jagadish Shettar Cabinet, including Deputy Chief Minister K S Eshwarappa, fell by the wayside, as Cong sweeps Karnataka,
Karnataka to install CCTV cameras in Bangalore, major cities
Karnataka government would instal CCTV cameras at strategic locations here and in other major cities of the State to help detect incidents of crime, Home Minister R Ashoka said today.
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