Power Mech enters urban mobility with ₹296 crore Mumbai Monorail contract
Power Mech wins ₹296 crore five year O and M contract from MMMOCL for Mumbai Monorail, marking its entry into urban mobility, shares rise nearly 6%.
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Nifty Bank set for its best week since February 2021 — Here are its best performers
Nifty Bank is set for its best week since February 2021. The index is up 8.5% this week. The last time it surged by such a quantum was during the week that ended on February 7, 2021, when it was…
Premier, Waaree Energies shares have limited upside; JM Financial prefers these names instead
The brokerage expects the sector to see capital expenditure over the next five years, as companies build a competitive and integrated solar manufacturing ecosystem in India. This, it believes, will act as a key entry barrier and a differentiator among…
Why India may miss the next Asia rally: Nomura’s Chetan Seth
Chetan Seth, Asia-Pacific Equity Strategist at Nomura outlines how Korea and Taiwan could outperform on strong AI-driven earnings, while India’s performance will depend on energy stability and foreign inflows. Seth also breaks down the recent FII outflows, the role of…
IT steady despite muted TCS growth; realty, metals, Shriram Finance offer opportunities: Khemka
Siddhartha Khemka of Motilal Oswal says IT may remain range-bound as weak growth offsets stable TCS margins, with AI gains largely passed on to clients. Still, valuations are turning attractive for long-term investors. He sees emerging opportunities in real estate…
Olam Group CEO, CFO to step down, focus on Saudi-backed Olam Agri
Olam Group CEO Sunny Verghese and top executives will step down amid a reorganisation, he stays as Olam Agri CEO, new chair and CFO are appointed
Kevin Warsh’s US Fed chair hearing delayed amid pending paperwork
Kevin Warsh was scheduled to appear before the United States Senate Committee on Banking, Housing, and Urban Affairs on April 16.
Explained — Why Sun Pharma shares are down 4% in a strong market
Organon has a market capitalisation of $1.5 billion. The US company specializes in women’s health. It spun off from Merck Sharp & Dohme in 2021.
Here are the major CLSA portfolio changes; These stocks make the cut
Brokerage firm CLSA has turned constructive on Indian stocks after 18 months of being bearish as it sees risk-reward profile being balanced. The brokerage is of the view that the “Max Pain” may have been surpassed by the market with…
Charlotte Tilbury opens first India flagship store in New Delhi operated by Nykaa
Charlotte Tilbury opens first India flagship at Nexus Select Citywalk New Delhi, fully operated by Nykaa, deepening their partnership in Indias booming premium beauty market.