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The Centre has put on hold the sale of Pawan Hans (PHL), taking into consideration a recent NCLT-Kolkata ruling against Almas Global Opportunity Fund, the lead partner in the consortium that won the bid for the...
Valuations have turned right due to correction, tailwinds; upgraded to ‘Buy’ with target price of Rs 3,900 Our DMart stock upgrade is not just because the stock has corrected 45% from its high. A broad-based...

Little chintan in shivir: Congress should have come up with a credible game plan

Congress spokespersons made a big deal of the party’s “one family, one ticket” resolution. But the caveat proved how hollow the claim is. The...

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 The adani group...

Bridging regulatory gaps for NBFCs

RBI did well to make scale the basis of NBFC regulation than type; this will allow the base layer, as defined by the regulator,...

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 SBI reported strong loan growth,...

Cybercrimes worrying, over-regulation is too: CERT-In guidelines put impractical reporting burden on companies

Union minister for electronics and IT, Ashwini Vaishnaw, has said the regulations should not stir privacy concerns. “Suppose somebody takes a mask and shoots,...

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 Tech Mahindra (TechM) posted...

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...

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...

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....

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...

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...

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 While net profits for...

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