DSIJ Mindshare

In a first, India's premier economic fraud investigator, has sent the ex-promoter and MD of Bhushan Steel, Neeraj Singhal to judicial custody. This is the first arrest by an Indian investigative agency for willful loan default.

The stocks that are likely to witness significant movement on the bourses on August 10 are TV Today Network, Vikas WSP, Bharat Forge, HSIL Limited and City Union Bank. 

Ramco Systems, has won order multi-million-dollar software deal from AP Cargo Logistic Network, Philippines. The stock opened on a positive note, traded higher washing off two days' losses, but witnessed a retreat and closed just 1.3 per cent higher.

The revenue for the quarter declined by 29 per cent YoY to Rs.1135 crore in Q1FY19 as against Rs.1597 crore in previous year corresponding quarter. This was largely due to sharp decline in both of its core segments of consumer products and EPC segments.

Skipper Limited reported weak quarter with substantial decline in bottom-line.