- Gautam Shantilaladani: Audacity is the name of the game for him
He has survived at least two attempts on his life — once when he was kidnapped in 1998, and the other when he got caught in the crossfire at the Taj Mahal hotel in Mumbai during the terror attack of…
- 10 hours ago 17 May 22, 3:48am -
- Sales improve: Major paper makers expect robust demand across segments
Opening for schools and colleges has triggered revival in demand for notebooks, text books and other publication papers. Major paper manufacturers like ITC and JK Paper are experiencing robust demands…
- 12 hours ago 17 May 22, 1:00am -
- Fundraising via IPOs declines 60% in January-March this year
EY, in its global IPO trends report on Monday, said the country saw only 16 Indian IPOs in Q12022 against 23 IPOs in Q12021, resulting in a decline of 60% in terms of proceeds raised through offers an…
- 13 hours ago 17 May 22, 12:30am -
- Tata Motors rating – Buy: A good show in Q4 in the face of challenges
While near term may pose difficulties, firm’s best bet on auto cycle recovery; ‘Buy’ rating maintained
- 13 hours ago 17 May 22, 12:15am -
- Allow large NBFCs to offer full banking services: CII chief
While India has only about 500-600 banks, including the regional rural ones, the US has a network of some 26,000 banks even while having a fourth of India’s population, former chief economic advisor…
- 13 hours ago 17 May 22, 12:00am -
- Avenue Supermarts rating – Buy: Growth was led by better mobility
Valuations have turned right due to correction, tailwinds; upgraded to ‘Buy’ with target price of Rs 3,900
- 14 hours ago 16 May 22, 11:00pm -
- Ambuja Cements rating – Reduce: Deal is likely to boost growth plans
Valuation in line with past mean on a trailing basis; Adani unlikely to break market pricing discipline; ‘Reduce’ rating retained
- 15 hours ago 16 May 22, 10:30pm -
- State Bank of India rating – Buy: Bank’s placed very well competitively
Loan growth was strong in Q4, NPAs improved q-o-q; ‘Buy’ retained with revised target price of Rs 600
- 15 hours ago 16 May 22, 10:00pm -
- Tech Mahindra rating – Buy: 5G investment accelerated growth in quarter
Upcycle is likely to continue; EPS for FY23/24e cut by 4.3/2.8%; ‘Buy’ maintained with target price of Rs 1,825
- 16 hours ago 16 May 22, 9:30pm -
- Adani family makes open offer for Ambuja Cements, ACC stakes
The Adani Group, helmed by billionaire Gautam Adani, has made offers of Rs 385 a share for Ambuja Cements and Rs 2,300 a share for ACC, according to two separate regulatory updates.
- 16 hours ago 16 May 22, 9:00pm -
- Biological E reduces Corbevax Covid-19 vaccine price to Rs 250 per dose
Biologic E said it has lowered the price of its vaccine to make it more affordable and increase the reach of the vaccine to protect the maximum number of children against the virus.
- 17 hours ago 16 May 22, 8:30pm -
- Siemens India appoints SAP Labs India MD Sindhu Gangadharan to its board
She became the first woman to lead SAP Labs India — the place where she started off her career as a young software developer.
- 17 hours ago 16 May 22, 8:15pm -
- LIC shares to list on exchanges today: LIC’s listing will broaden investible universe, say analysts
LIC will play on the growth story of the under-penetrated insurance industry. The stock movement will also depend on the government's plan to dilute further.
- 17 hours ago 16 May 22, 8:00pm -
- Rising crude price hits supply at Reliance, Shell, Nayara outlets in Gujarat
According to Thakker, if these two companies decide to stop sales from their retail outlets, the state may see long queues at petrol pumps of government-owned Indian Oil (IOC), Hindustan Petroleum (HP…
- 18 hours ago 16 May 22, 7:45pm -
- Operating profits of lenders see muted growth in FY22; loan growth momentum likely to be maintained
Subdued increase in pre-provisioning profits resulted from a muted growth in top-line. For state-owned lenders, total revenues stayed virtually flat
- 18 hours ago 16 May 22, 7:30pm -