Tag: Best Financial advisory

Vijay Mallya tweet excuse for Kingfisher Airlines collapse

Vijay Mallya tweet excuse for Kingfisher Airlines collapse

Vijay Mallya, the defaulter owner of Kingfisher Airlines, now blames faulty engines as the reason for the failure of Kingfisher Airlines.

He is wanted by the Indian authorities for default in payment of loans related to Kingfisher Airlines that was grounded in 2012. He is also wanted in other cases.

Vijay Mallya: Profitaim News

DGCA REPORT ON PRATT & WHITNEY ENGINES

A group firm of Pratt & Whitney has been sued for supplying defective engines to Kingfisher Airlines, Mallya said amid aviation regulator DGCA ordering detailed inspection of P&W engines powering some Airbus 320 neo planes being operated in India.

Vijya Mallya’s Tweet

“Not surprised at DGCA enquiry into Pratt & Whitney aircraft engines. Kingfisher Airlines sadly collapsed also due to faulty engines,” he said in a tweet.

DGCA action

DGCA has ordered detailed inspection of 21 Airbus 320 neo planes of IndiGo and GoAir that are equipped with P&W engines, which have been frequently facing technical glitches.

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GST will be effective from July 1, confirmed by Arun Jaitley

GST will be effective from July 1, confirmed by Arun Jaitley

Economic Affairs Secretary, Shaktikanta Das said that GST will be effective from 1st of July all the states agreed for this decision. According to Mr. Shaktikanta Das, GST is playing the role of Game changer and it takes place of various consumption taxes. He also added that when GST is applied in India the opportunities for competitiveness, investment and job creation also increased.

GST will be effective from July 1, confirmed by Arun Jaitley
Profitaim supports GST Bill

WHAT IS GST?

GST implementation would abolish all central, state and interstate taxes; and only “single-taxation” system would be levied.

Arun Jaitley strong confirmation about GST implementation

Finance Minister Arun Jaitley said in the interview with London news agency PTI, all the processes regarding the GST implementation will be completed till 15 September. He also added that after Independence this is the first Tax reform in India. The draft for this is already prepared and would be presented in the parliament which is started from 9th of March.

Proposal for 4 tax rates

– 4 proposed levels for Goods and Services tax rates will be categorized in 5, 12, 18 and 28%.

– After the GST bill is passed in the parliament it must be forwarded to all state assemblies for approval.

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Profit making trading tips by Profitaim Research Advisory

Profit making trading tips by Profitaim Research Advisory

TRADING TIPS FOR TODAY’S STOCK MARKET

Profit making trading tips by Profitaim Research Advisory
Profit making trading tips by Profitaim Research Advisory

Jindal Steel Power: Buy

target – Rs 131/133, stoploss – Rs 123.

Vedanta: Buy

target – Rs 271/72, stoploss – Rs 261.

Tata Chemicals: Buy

target – Rs 579-81, stoploss – Rs 562.

Sunpharma: Buy

target – Rs 730, stoploss – Rs 685.

JSW Steel: Buy

 target – Rs 200, stoploss – Rs 184.

JBF Industries: Buy 

target – Rs 280, stoploss – Rs 245.

Yes Bank: Sell 

target – Rs. 1350, stoploss – Rs. 1470

Reliance Defence: Buy

target – Rs 67, stoploss – Rs 59

Gitanjali: Buy

target – Rs 77, stoploss – Rs 64.64.

RBI Infra: Buy

target – Rs 172, stoploss – Rs 160.

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China’s company ZTE launched 5G Smartphone: Profitaim Review

China’s company ZTE launched 5G Smartphone: Profitaim Review

China’s largest telecom company ZTE at Mobile World Congress in Barcelona, Spain has launched the world’s first 5G smartphone.

China’s company ZTE launched 5G Smartphone: Profitaim Review
First 5G smartphone: Profitaim reviews

Features of Lightning-fast 5G Smartphone

The company said it is the first smartphone with a download speed of up to 1 Gigabit per second, which is 10 times better than today’s generation of 4G services.

This Smartphone have 360 degree panoramic virtual reality video phone, ultra hi-fi music and fast video downloads support.

ZTE’s spokes person said, “With the introduction of new tools, the way people connect with each other will change forever”. The priority for ZTE’s Global Development is to focus on 5G technology. 

Processor

This phone consist Qualcomm’s latest Snapdragon 835 processor.

Lightning-fast 5G mobile internet service

The tech company said that Lightning-fast 5G mobile internet service expected to start by 2020.

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Today’s Stock market Trading Tips: Profitaim reviews

Today’s Stock market Trading Tips: Profitaim reviews

Trading Tips for today’s Business

Trading Tips for today's Stock market
Trading Tips by Profitaim

1. Uflex: Buy

stoploss – Rs 265, target – Rs 280

2. DCW: Buy

stoploss – Rs 32, target – 37 bucks

3. Apollo Tyres: Buy

stoploss – Rs 181, target – Rs 190

4. Sarla Poly: Buy

stoploss – Rs 61.3, target – 68 bucks

5. Axis Bank: Buy

stoploss – Rs 510, target – Rs 550

6. BHEL: Buy

stoploss – Rs 148, target – Rs 160

7. JindalSteel: Buy

stoploss – 118.8, target – 121.5/123

8. BEML: Buy

stoploss – 1316, target – 1340/1350

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