• Mandela Day, celebrated on July 18, is an annual international day adopted by the United Nations. It is more than a celebration of Nelson Mandela’s life and legacy, it is a global movement to take his life’s work into a new era and change our world for the better.


• Mandela Day asks us all to “Take Action; Inspire Change; Make Every Day a Mandela Day.”

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• Six months after a deadly dam collapse in Brazil, new evidence has emerged that suggests the disaster could have been prevented.


• Investigators believe there's evidence the German company that certified the structure as safe knew it was vulnerable to collapse.


• Nearly 300 people died when the collapse triggered a mudslide near the south-eastern town of Brumadinho.

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• The World Health Organization has declared the Ebola crisis in the Democratic Republic of Congo a "public health emergency of international concern".


• The move may encourage wealthy donor countries to provide more cash.


• But the WHO stopped short of saying borders should be closed, saying the risk of the disease spreading outside the region was not high.

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• The Taliban forced a Swedish non-profit group to close 42 health facilities it runs in eastern Afghanistan, the organisation said on Wednesday, the latest attempt by the insurgents to show strength amid negotiations to end the country’s nearly 18-year war.


• In Sweden, the group’s director called the closures “an obvious violation of human rights and international humanitarian law” and demanded that the facilities be allowed to reopen right away.

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• Joaquin “El Chapo” Guzman was also ordered to forfeit $12.6 billion.


• Joaquin “El Chapo” Guzman, the Mexican drug lord found guilty of running a murderous criminal enterprise that smuggled tons of drugs into the United States, was sentenced by a U.S. judge on Wednesday to spend the rest of his life in prison.

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• India on Wednesday said the ICJ verdict in the Kulbhushan Jadhav case vindicated its position that Pakistan had violated the Vienna Convention.


• “The court has directed that Pakistan is under an obligation to inform Shri Jadhav without further delay of his rights and to provide Indian consular officers access to him in accordance with the Vienna Convention,” the MEA said.

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• Defence Minister Rajnath Singh on Wednesday informed the Lok Sabha that India and China had been maintaining “peace and tranquillity” on the border by respecting bilateral pacts, and added that the government was “fully alive” to the country’s security needs.


• Mr. Singh, however, acknowledged that at times some “unpleasant incidents” had taken place because of “differences in perception with regard to the Line of Actual Control (LAC)”.

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• Abhishek Singhvi claims victory, Randeep Surjewala calls it “terrible judicial precedent”.


• The Congress on Wednesday was divided over the Supreme Court order on the Karnataka rebel MLAs, with senior leader Abhishek Manu Singhvi claiming victory but the party’s chief spokesperson Randeep Surjewala describing it as a “terrible judicial precedent”.

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• External Affairs Minister S Jaishankar will make a statement in Parliament on former Indian naval officer Kulbhushan Jadhav verdict, today.


• The International Court of Justice (ICJ) on Wednesday ruled that Pakistan had violated Jadhav’s right to consular access and called for a review of the death sentence handed to him by a military court at an appropriate forum of Islamabad’s choice.

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• The result is based on the final answer key. Those who clear the exam will be eligible for counselling rounds. Check ICAR result at ntaicar.nic.in


• After releasing the answer keys, the National Testing Agency (NTA) has published the results for the All India Entrance Examination for Admission (AIEEA) to the agriculture universities today – July 17 (Wednesday) at ntaicar.nic.in. Candidates will be able to check their score by signing into their individual accounts.

• Wipro Q1: IT services rupee revenue down 1.6 percent to Rs 14,351.4 crore, dollar revenue degrew 1.3 percent to $2,038.8 million QoQ. Company expects Q2 IT services dollar revenue in the range of $2,039-2,080 million, a growth of 0-2 percent over Q4FY19.


• Yes Bank Q1: Profit falls 91 percent to Rs 113.8 crore, net interest income grows 2.8 percent to Rs 2,281 crore YoY; net NPA increases to 2.91 percent versus 1.86 percent and gross NPA rises to 5.01 percent versus 3.22 percent QoQ.


• Mindtree Q1: Profit plunges 53.3 percent to Rs 92.7 crore, rupee revenue slips 0.3 percent to Rs 1,834.2 crore, dollar revenue grows 0.8 percent to $264.2 million QoQ.


• Mindtree: Company appointed Anilkumar Manibhai Naik as the Non-Executive Chairman.


• Punjab & Sind Bank: Fraud of Rs 238 crore by Bhushan Power is being reported to RBI.


• NMDC: Karnataka High Court allows plea for Donimalai mining operations and set aside order on Donimalai royalty pay to Karnataka.


• Axis Bank: Sanjiv Misra has ceased to be the non-executive (part-time} chairman and Rakesh Makhija to assume charge as non-executive (part-time) chairman.


• Suzlon Energy: Company is working on a holistic solution for an outstanding debt and continues to be in discussion with stakeholders w.r.t debt including bonds.


• Firstsource Solutions: Vipul Khanna to be MD, CEO.


• JSW Energy: Lien on 1.06 percent promoter stake released on July 9.


• Oil India: Company emerged as the biggest winner of oil & gas blocks under Open Acreage Licensing Policy (OALP) rounds II & III by winning 12 blocks out of 32 blocks for which bids were submitted by leading Operators.


• Mcleod Russel: 20,44,670 shares of the company held by Williamson Financial Services have been invoked by Vistra ITCL (India) [Trustee for the joint lenders namely - IL&FS Financial Services, IL&FS Infrastructure Debt Fund, Aditya Birla Finance] on July 8.


• Newgen Software Technologies: Company secured the patent for automated quality and usability assessment of scanned documents.


• S Chand and Company: CARE reaffirmed its rating on long term bank facilities at A with a stable outlook.


• DFM Foods Q1: Profit jumps to Rs 7.63 crore versus Rs 5.01 crore; revenue rises to Rs 127.72 crore versus Rs 98.69 crore YoY.


• Failure to cross the 11,775 marks could push the index below 11,460-11,300 levels before making the next momentum attempt


• While the valuation is not undemanding, especially given the earnings growth in low single-digit, we feel the hefty payout protects the downside for the stock.


• Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever with a stop loss of Rs 1745, target of Rs 1800 and IndusInd Bank with a stop loss of Rs 1480, target of Rs 1540.


• Most global brokerage firms maintained their rating on YES Bank but some of them reduced their target price by more than 50 percent after June quarter results


• Global brokerages remained bearish on the stock and said the company may not be able to achieve FY20 revenue target given weak start to earnings


• At present, Bhushan Power case is at NCLT which is in advance stage and the bank expects the good recovery in the account


• Gold prices are expected to trade higher today: Angel Commodities


• Kotak Institutional Equities maintained its 'reduce' call on Mindtree and slashed its target to Rs 725


• Net Sales are expected to increase by 7.7 percent Y-o-Y (down 14.3 percent Q-o-Q) to Rs. 114 crore, according to ICICI Direct.


• ICICI Direct expects USDINR to find supports at lower levels. Utilize downsides in the pair to initiate long positions.


• Going ahead, we advise investors to stick to quality stock as we sail through Q1FY20 earnings season.


• Net Sales are expected to increase by 5.1 percent Y-o-Y (up 40.9 percent Q-o-Q) to Rs. 856.5 crore, according to ICICI Direct.


• Net Sales are expected to increase by 2.8 percent Y-o-Y (down 52.1 percent Q-o-Q) to Rs. 188.6 crore, according to ICICI Direct.


• Allahabad Bank shares fell 3 percent intraday on July 18 after public sector lender reported fraud by a Ludhiana-based textile company.


• The top gainers from NSE include Wipro, HDFC, Britannia Industries, Bajaj Finance, and HDFC Bank while the top losers are YES Bank, Tata Motors, Vedanta, ONGC and Coal India.


• Net Sales are expected to increase by 2.5 percent Y-o-Y (down 1.2 percent Q-o-Q) to Rs. 1,742.3 crore, according to ICICI Direct.


• Net Sales are expected to increase by 16.7 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 766.7 crore, according to ICICI Direct.


• Shankara Building Projects Q1 PAT may dip 59.5% YoY to Rs. 7.9 cr: ICICI Direct


• CARE Ratings falls 5% as co sends MD & CEO on leave after SEBI receives a complaint


• Net Sales are expected to increase by 11.6 percent Y-o-Y (down 17.6 percent Q-o-Q) to Rs. 424 crore, according to ICICI Direct.


• Net Sales are expected to increase by 9.4 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 587.7 crore, according to ICICI Direct.


• Greenply Industries Q1 PAT may dip 23.6% YoY to Rs. 18.2 cr: ICICI Direct


• Buy Or Sell | Market likely to remain range-bound; buy Torrent Power, sell Union Bank


• Company does not believe that this inspection classification will have an impact on supplies or the revenues from operations of this facility


• For risk-averse investors, the key barometer to start looking at Yes Bank would be when the bank gets fresh capital from institutional investors.


• Net Sales are expected to increase by 4.4 percent Y-o-Y (down 18.8 percent Q-o-Q) to Rs. 349.7 crore, according to ICICI Direct.


• Indian Hotel Q1 PAT seen up 49.4% YoY to Rs. 22.9 cr: ICICI Direct


• Taj GVK Hotels Q1 PAT may dip 45.2% YoY to Rs. 2.1 cr: ICICI Direct


• Blue Dart Q1 PAT may dip 2.2% YoY to Rs. 21.6 cr: ICICI Direct


• Container Corporation Q1 PAT seen up 1.2% YoY to Rs. 255.4 cr: ICICI Direct


• Net Sales are expected to decrease by 12.3 percent Y-o-Y (down 13 percent Q-o-Q) to Rs. 399.9 crore, according to ICICI Direct.


• Gujarat Pipavav Q1 PAT seen up 13.4% YoY to Rs. 53.4 cr: ICICI Direct


• TCI Express Q1 PAT seen up 17.8% YoY to Rs. 19 cr: ICICI Direct


• Transport Corp Q1 PAT seen up 14.8% YoY to Rs. 32.4 cr: ICICI Direct


• Dredging Corporation Q1 PAT seen up 160% YoY to Rs. 7.4 cr: ICICI Direct


• Caplin Point climbs 4% on USFDA nod for injection to prevent excessive blood loss

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• Worst quarterly performance in 20 quarters; net profit plunges to ₹113.8 crore from ₹1,260.36 crore a year ago due to higher provisioning.


• Yes Bank on Wednesday reported its profit fell by 91% to ₹113.8 crore in the first quarter from ₹1,260.4 crore in the year-ago period, driven by higher bad loan provisioning. The bank's gross bad loan ratio was 5.01% in the June quarter compared to 3.22% in the previous quarter. Its provisions for bad loans rose 185.2% year-on-year to ₹1,784 crore.

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• As per the ODI (One Day International ) rankings, 2019 released by the ICC (International Cricket Council), right-handed top-order batsman, Virat Kohli, and pacer Jasprit Bumrah have retained their top numbered position following the conclusion of the World Cup.


• Batsman list: Kohli tops the list with 886 points followed by Rohit Sharma, who is just five points behind Kohli. Babar Azam (Pakistan) got the 3rd position with 827 points. Faf du Plessis (820) of South Africa and Ross Taylor of New Zealand (817) are on the 4th and 5th position respectively.

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• Sangeet Natak Akademi (SNA) Fellowships (Akademi Ratna) and Sangeet Natak Akademi Awards (Akademi Puraskar) for the Year 2018 were announced by the General Council of the Sangeet Natak Akademi, the National Academy of Music, Dance and Drama headquartered at New Delhi.


• The General Council unanimously elected 4 eminent personalities in the field of performing arts for Sangeet Natak Akademi Fellow (Akademi Ratna).

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• Larsen and Toubro (L&T) Group Chairman AM Naik has been appointed as the Non-Executive Chairman of mid-sized IT services firm Mindtree on Wednesday.


• The move follows L&T's acquisition of a controlling stake in the Bengaluru-based company. Mindtree CEO Rostow Ravanan, Executive Chairman Krishnakumar Natarajan and Executive Vice Chairman NS Parthasarathy had resigned earlier this month.

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• An Indian writer, artist & activist, Raja Dhale passed away at the age of 78 in Mumbai, Maharashtra.


• He was one of the founding members of the Dalit Panther started in April 1972, alongside Namdeo Dhasal and Arun Krushnaji Kamble. He was born in Maharashtra.