*India Daybook*
*Stocks to watch for*
Majesco and DataRobot Partner to Bring Integrated AI/Machine Learning to Customers and the Insurance Industry (Positive)
Saudi Aramco in talks to acquire 25% of Reliance's refining and petrochemical units: Report (Positive)
Sharda Motors has entered into a JV with Eberspaecher Exhaust Technology International GmbH (Positive)
Cipla to acquire 30% stake in Brandmed (Pty) Limited (Positive)
Cadila: Zydus Announces Phase 3 Trial of Desidustat in Non-Dialysis Dependent Chronic Kidney Disease and Acetazolamide for Injection (Positive)
Intellect authorized financial services and credit provider in South Africa has chosen Intellect's fully integrated Digital Core solution (Positive)
Hindalco: Toyota Selects Novelis as Aluminum Supplier for 2019 RAV4 (Positive)
AXIS Bank looks to buy major stake in Max Life (Positive)
Mindtree Ltd Q4 profit rises 3.8% to Rs 198.4 cr vs Rs 191.2 cr (QoQ) while revenue increases 2.9% to Rs 1,839.4 cr vs `1,787.4 cr (QoQ) (Positive)
Bandhan Bank receives approval of the Competition Commission of India for the proposed acquisition of Gruh Finance. (Positive)
Ashoka received order worth of Rs. 443.23 Crore from RVNL. (Positive)
Sasken to consider Buyback of equity shares on 23rd April (Positive)
Food & Ins record date for bonus issue at May 2 (Positive)
Star Cement received freight subsidy from government worth of Rs 174.5 crore (Positive)
JM Financial arm to open NCD upto Rs 1000 crore on April 22 (Positive)
Steel demand in India expected to grow above 7% in 2019 & 2020: World Steel Association (Positive)
HSBC Daisy moved the appellate tribunal over alleged default of payment of Rs 230 crore by Reliance Infratel. (Negative)
Sources: DGCA conducts special safety audit of IndiGo on A320neo issues, show-cause notice issued to IndiGo COO & head of engineering (Negative)
JetAirways suspends operations as lenders turned down Rs 983-crore interim funding request (Negative)
HSBC believes possible deal could accelerate Reliance’s deleveraging plans in near term, maintains buy call on the stock with target price Rs 1500 (Positive)
Morgan Stanley sees path of Reliance to debt reduction after nearly seven years helping stock move towards Rs 1,626/Sh (Positive)
Nomura has a Buy call on Dr Reddy’s, FTO 3 turning VAI positive as investors were concerned on regulatory outcome, Target Rs 3414 (Positive)
Citi maintains Buy Call on JSPL. It believes, long-term EBITDA potential looks significant, target price Rs 254 (Posiitve)
CIMB on Ambuja: Expect expansion on track, maintain ADD with target price Rs 254 (Positive)
Citi expects growth gap for Wipro to continue, sees 5% YoY growth in FY20, target Rs 230 (Negative)
Nomura shares its view on Wipro, says growth guidance in the range of -1 to +1% was weak, target Rs 270 (Negative)
Credit Suisse cuts estimates for Wipro by 1-2% post Q4 results, Cuts target price to Rs 240. (Negative)
By: via @AlliesFin Serve T.ME/ALLiESFiN
