BUSINESS
PG Electroplast steps up to diversify by making POS devices, days after AC sales slump hit guidance and roiled stock
As of FY24, PGEL generated over 60 percent of its revenue from air conditioners, washing machines and air coolers, and has now started to diversify into electronics, printed circuit board assemblies as well as plastic moulding.
BUSINESS
Sebi to rationalise regulations for FPIs, market intermediaries to improve ease of business
In the coming year, Sebi is looking to initiate an exercise to rationalize and optimize existing regulations in order to reduce compliance cost for market intermediaries.
BUSINESS
Tata Motors' Iveco deal promises global footprint, cleaner powertrain and a new power brand
Together, Iveco and Tata Motors' commercial vehicle business will have combined revenue of €22 billion (Rs 2.20 lakh crore) across Europe (50%), India (35%) and the Americas (15%).
BUSINESS
P&G's Shailesh Jejurikar stares at supply chain challenges and tariff barriers, as Street hopes for sales growth to sustain
Tariff pressures have emerged at a time when P&G is undertaking a new two-year restructuring program to trim non-manufacturing roles, after reporting six consecutive years of +4% organic sales growth.
BUSINESS
Nifty, perched less than 700 points from fresh highs, is poised for a bullish July, shows data
Since 2009, Nifty has had a positive close in July on 75 percent of the occasions, making it the month with the best chance of ending with gains, if only looks at the data for last 16 years.
BUSINESS
Make in India for EVs gets policy push as Centre launches online portal to invite application
The scheme aims to attract investments from global EV manufacturers and promote India as a manufacturing destination for e-vehicles.
BUSINESS
India Vix rises up to 5 percent to reflect Middle East jitters but still lower than June highs
Despite the threat of a spiralling of conflict in the middle east this month, the India Vix has still not crossed the highs seen on June 13, the day when Israel began military action on Iran's defence and nuclear infrastructure.
BUSINESS
Equities show measured reaction to Israel-Iran war as money managers price in a limited conflict
The Iran-Israel conflict has set the stage for a week that will see US Fed and BoJ consider key policy decisions, along with a summit level meeting of Group of Seven leaders, and market participants will weight if the cues get further complicated.
BUSINESS
Tata Motors targets market share and margin growth in 2027 amid trade turmoil
Tata Motors said its CV business will be 'stepping up the pace now', setting sight on a 40% market share by 2027 with teen EBITDA margin. Commercial vehicles at Tata Motors could see a proactive investment in decarbonisation along with software defined vehicles (SDVs).
BUSINESS
America's debt burden could lead to an 'economic heart attack', fears billionaire investor Ray Dalio
Ray Dalio said many major economies such as UK, the EU, China and Japan are on unsustainable paths, advising investors to diversify across asset classes, reduce exposure to debt, hold gold and 'a bit of Bitcoin' to hedge against any debt crises.
BUSINESS
Pharma shares sulk on Trump's plan to reduce reliance on foreign-made medicines
The USFDA is expected to submit a report within 180 days of the order, reviewing regulations and guidance on development of domestic pharma manufacturing. The Executive Order also proposes steps to eliminate ' duplicative or unnecessary requirements' in regulations.
BUSINESS
Tariff pause sets Indian markets up for a roaring rebound on Friday: What should investors do?
Several market veterans are advicing investors not to be deterred by the volatility and stick to asset allocation, as a host of sectors that had taken the sharpest knock in recent weeks look set to rebound when equity markets open on April 11.
BUSINESS
UltraTech’s Rs 1,800 crore cable & wires foray may rewire sector, squeeze rivals' margins
In case UltraTech chooses to be aggressive with pricing in the C&W foray, in order to corner greater market share, the move will negative impact the margins for the business, hurting the existing players.
BUSINESS
Nifty Smallcap 100 index down 4%, extends monthly fall to worst since March 2020
The week gone by had seen the mid and smallcap indices post their third weekly fall as foreign selling has continued unabated, and souring sentiment for the space.
BUSINESS
When Manmohan Singh staked his chair for the Indo-US nuclear deal, and raised the relation from 'hesitations of history'
Manmohan Singh's first term as Prime Minister will be remembered for his uncompromising commitment to secure the Indo-US nuclear deal, and how he chose to put national interest above coalition politics.
BUSINESS
Nifty may find it 'challenging' to deliver double-digit returns in 2025, Prime Securities sees moderation
Benchmark indices on Dalal Street could see some moderation in returns and wealth creation may shift to a more bottom up, stock specific approach, according to Prime Securities' capital market outlook for 2025. It sees consumption, IT products and infrastructure among key themes.
BUSINESS
S&P 500's Fed-fuelled selloff could extend till January, 10% correction not ruled out, says Ed Yardeni
The S&P 500 has poised to end the year with nearly 25% gains but a more challenging environment may be emerging to navigate for US equities, with the inflation cool off stalling, and Trump's tariff policies adding to economists' concerns.
BUSINESS
Yuval Noah Harari wants the global AI race to slow down, think about the guard rails
"In a race without guard rails, AI will win and humanity will lose. We need some cooperation among humans, but it is not happening," said the author of best-selling books 'Sapiens' and 'Homo Deus'.
BUSINESS
MapmyIndia's new venture raises governance concerns: Explaining the Mappls mess
Investors are asking also why Rohan Verma chose not to helm the new consumer-facing business within CE Info Systems, and instead chose to float a separate company.
BUSINESS
Trump's 60% China tariff unlikely, Beijing may want to negotiate for chip access: Chris Wood
India's ongoing market correction is 'healthy', said Chris Wood, and the foreign outflow also implies that the FIIs have the ability to buy into India after a sharp fall.
BUSINESS
Ace market veterans share best lessons, top market themes with investors
At the CNBC-TV18 Global Leadership Summit, Ashishkumar Chauhan, Raamdeo Agrawal, Ramesh Damani and Manish Chokhani shared their lessons with investors, and resoundingly echoed the huge potential of the India story.
BUSINESS
Uday Kotak asks if India can weather the 'global shock' of a bigger FPI selloff?
The October FPI selloff had led to Nifty's worst monthly fall since the pandemic. Uday Kotak said his larger point was if the stock markets are resilient enough to face such a shock, and that the country must get competitive on global trade.
BUSINESS
Shaktikanta Das spots five global divergences as world battles 'unprecedented shocks'
To counter challenges post the pandemic, the world saw 'synchronous tightening' in response to shocks, Governor said. While these steps have ensured a global economic soft landing, but the risk of inflation is coming back, he added.
BUSINESS
Nifty may see another 10% downside over next 3-6 months, fears Macquarie's Sandeep Bhatia
