BUSINESS
Kranthi Bathini bullish on India story, here are his picks for short-term investors
Kranthi Bathini says the confidence in the Indian economy is the reason for the market rally,even as he counts inflation, prolonged high interest rates and geoploitical crises among big risks
COMPANIES
Jet Airways case: NCLAT reserves orders in Jalan Kalrock’s plea seeking time to make payments
The consortium, which is the winning bidder for the debt-ridden airline, had requested for a 90-day extension to pay the amount. The NCLAT will announce its decision on the matter soon.
MARKETS
LIC goes shopping where not too many dare to go
As analysts turn cautious on IT industry, which has hit a rough patch following concerns over a slowdown in the US and Europe hitting business, LIC is betting big on Indian players
BUSINESS
Motilal Oswal's Siddhartha Khemka shares top short-term stock picks for retail investors
Siddhartha Khemka shared his perspective on the factors driving the bull run, potential threats to the current market rally, sectors with an optimistic outlook, and also shared short-term investment recommendations
BUSINESS
‘Don’t overstay your welcome’: Fund manager with Rs 260 crore AUM shares lessons for investors
Siddharth Oberoi's Prudent Equity follows a checklist approach, using strict parameters to gauge performance of companies and sectors before investing. The fund has delivered a 41% return in seven months of operation
BUSINESS
Veteran equity analyst identifies three major threats to India's bull market
In an interview with Moneycontrol, Deepak Jasani, Head of Retail Research at HDFC Securities, said the future trajectory of the markets will be influenced by geopolitical events, global debt-related repercussions, and the potential impact of the El Nino pattern.
MARKETS
As bulls reign on D-Street, equity strategist warns investors to exercise caution in these sectors
According to Kranthi Bathini, Director of Equity Strategy at WealthMills Securities, investors would do well to stay away from shipping and logistics company stocks for now, and exercise caution while investing in chemical industry stocks.
COMPANIES
Unleashing the Power of Generative AI: ChatGPT, Bard may add value worth India's economy annually
75 percent of this value creation is expected to occur in four key areas: customer operations, marketing and sales, software engineering, and research and development (R&D)
INDIA
Spending on foreign trips nearly doubles in FY23: RBI report
The boost in foreign travel has pushed India's forex spending to a record $27.1 billion in FY 23, a jump of $7.5 billion over the previous year.
INDIA
Amazon, Flipkart, Meesho ordered to stop selling seat belt alarm stopper clips
Using car seat belt alarm stopper clips can create problems for consumers seeking to claim amounts in motor insurance policies.
BUSINESS
18 companies record stake hike by promoters, and foreign and domestic institutions
The likes of Bajaj Holdings & Investment, Shriram Finance, and Deepak Nitrite led the pack in terms of market capitalisation
COMPANIES
Why India is critical to Apple's future plans: Key factors driving the much-delayed bonhomie
Apple in India: India is expected to assemble up to half of the world's iPhones by 2027, from 7 percent now, as Apple looks to reduce manufacturing dependence on China. India is also important for the US company to extend its market reach.
COMPANIES
LIC, retail investors show faith in Adani group stocks despite Hindenburg pounding
While Life Insurance Corporation marginally increased stakes in four Adani group companies, retail investors went big on eight Adani firms
BUSINESS
Lost Fortune: 254 individuals, including Kanye West and Sam Bankman-Fried, lose billionaire status
Tesla and SpaceX boss Elon Musk, who held the top spot last year, has slipped to No. 2 on the list of the world's richest people
IPO
India enters FY24 with 54 listings ready to mop up Rs 76,000cr, 19 more line up to raise Rs 33,000cr
Out of the 73 companies vying for a place in the IPO pipeline, four are new-age technology firms that aspire to accumulate around Rs 8,100 crore in funding
MARKETS
IPO fundraising in India drops by half in 2022-23, but third-highest ever recorded
The largest IPO in 2022-23, which also happened to be the largest ever Indian IPO, was from Life Insurance Corp. of India, followed by Delhivery (₹5,235 crore) and Global Health (₹2,206 crore), with an average deal size of ₹1,409 crore.
MARKETS
Nifty Indices rejig: A look at top winners and losers
Nuvama Alternative & Quantitative Research predicts that top outflows will be seen in Reliance Industries, Infosys, Mphasis, Bandhan Bank, Mahindra & Mahindra, and ONGC.
BUSINESS
Gold prices could hit all-time high; here is what investors need to know
Gold prices typically rise when the US dollar and bond yields fall. This year, the US dollar has dropped by 0.60 percent and corrected almost 10.0 percent from last year's peak of 114.78
INDIA
India's astonishing rise in foreign travel spending: From $11 million a year to a billion a month
Despite an overall increase in travel costs, the easing of the Covid pandemic has led to a surge in demand for foreign travel. Indians are on track to spend twice as much as this year they did over the whole of the 2021-22 financial year.
INDIA
PAN-Aadhaar Linking: Find out what happens if you miss March 31 deadline
PAN-Aadhaar Link Status: Failing to link your Aadhaar with your PAN by March 31, 2023, could result in your 10-digit unique alphanumeric number becoming inoperative
BUSINESS
Indian banks' exposure to AT1 bonds is low, investments in PSU banks safe: Macquarie
Private sector banks have an exposure of around 0-1% to AT1 bonds, while PSU banks have an exposure of 1-2%, as per Macquarie note shared on March 21.
BUSINESS
A Rs 142,496-crore jolt for Credit Suisse's AT1 bondholders. Read what happened
Switzerland's largest lender UBS has agreed to buy struggling rival Credit Suisse for nearly $3.25 billion. As part of the deal, approximately $17.3 billion worth of additional tier one (AT1) bonds will be written down to zero. A lowdown
TRENDS
Rationale behind Pfizer’s $43 billion acquisition of loss-making Seagen- unleashing guided missiles against Cancer
Albert Bourla, CEO of Pfizer, highlighted the significance of the company's $43 billion acquisition of Seagen, a biotech firm specializing in cancer therapies. Through this acquisition, Pfizer aims to accelerate cancer research and bring new solutions to patients by combining Seagen's ADC technology with its own capabilities and expertise.
BUSINESS
Tata Technologies heads to IPO Street: All you need to know about the company
Tata Tech IPO: Tata Technologies is the first Tata Group company to go public on the domestic bourses since the listing of Tata Consultancy Services in 2004
