Macquarie has initiated its coverage of Trent with an ‘outperform’ rating and a target price of Rs 7,000. Analysts said that company was India’s leading fashion retailer in the value to mid-premium space. Trent also leads Asian peers on growth, return profile and inventory turns. They see this sustaining as an integrated back-end allowing quicker…
The Reliance Industries chairman has experienced a decline in wealth due to challenges in the company’s energy and retail sectors. Hurun Global Rich List 2025: Reliance Industries’ Mukesh Ambani has slipped from the global top 10 wealthiest individuals list as his fortune decreased by Rs 1 lakh crore compared to the previous year, attributed to…
India intends to extend privileges previously exclusive to overseas Indians to all foreign investors. (AI image) The Reserve Bank of India (RBI) plans to raise the investment limit for individual foreign investors in listed companies to 10% from 5%, aiming to enhance capital inflows, according to senior government officials and documents seen by Reuters.Foreign portfolio…
Trump auto tariffs impact: Tata Motors shares declined 6.31% to Rs 663 during early trading hours on Thursday, following the announcement by US President Donald Trump regarding implementation of 25% tariff on imported cars and light trucks starting next week.The United States of America is a significant market for Jaguar Land Rover, contributing 22% of…
“We expect the market to remain range-bound with stock/sector specific action,” said Siddhartha Khemka of Motilal Oswal. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened flat in trade on Thursday. While BSE Sensex was near 77,300, Nifty50 was below 23,500. At 9:19 AM, BSE Sensex was trading at…
Goldman Sachs’ top ideas for the current year are HDFC Bank with a target price of Rs 2,090, AU Small Finance with a target price of Rs 796, Titan with a target price of Rs 3,900, GCPL with a target price of Rs 1,370, Indigo with a target price of Rs 5,050, Adani Ports with…
<p>India’s economic growth has come despite a major economic setback in the form of the Covid pandemic a few years ago. (AI image)<br></p> India’s Gross Domestic Product (GDP) has doubled in the last 10 years – a huge feat for an economy that is also set to become the world’s third largest in a few…
MUMBAI: One in five Ultra-HNIs in India is planning to settle abroad, driven by investment opportunities, tax advantages, and better global connectivity according to a survey conducted by Kotak Mahindra Bank’s private banking division.The survey, conducted across 12 cities in the first two quarters of 2024-25, included interviews with 150 Ultra-HNIs and private bankers. EY…
JSW Steel is now ahead of US-based Nucor Corp, which held a market capitalisation of $29.92 billion. Sajjan Jindal-led JSW Steel has achieved a significant milestone by becoming the world’s highest-valued steelmaker, with its market capitalisation exceeding $30 billion on Tuesday.The impressive performance of JSW Steel’s stocks is attributed to a broader upward trend among…
The new airport at Jewar, Uttar Pradesh, situated near Greater Noida and southeast of Delhi, will serve as the capital’s second aviation hub. (Concept image) Noida’s Jewar Airport to have an edge over Delhi’s IGI airport? The civil aviation minister Rammohan Naidu Kinjarapu has requested Delhi’s new chief minister Rekha Gupta to lower the Value…
