India must disengage from ongoing trade negotiations with the United States and adopt a more calculated approach akin to that of nations such as China and Canada, according to the Global Trade Research Initiative (GTRI). The organization asserts that Washington is mounting significant pressure on New Delhi to acquiesce to trade stipulations that overwhelmingly serve…
Foreign brokerage Jefferies advocates purchasing shares of Adani Enterprises Ltd., projecting a significant rise in value. The company has assigned a ‘Buy’ rating and set a target price of Rs 3,800. This optimism stems from their forecast of Adani group’s flagship company, Adani Enterprises, doubling its Ebitda from FY23 to FY26, with further tripling by…
In a significant stride towards sustainable urban mobility, JBM Auto is poised to actively participate in the pioneering PM-eBus Sewa scheme, a monumental endeavor set to revolutionize public transportation. With an allocated budget of Rs 57,613 crore, this visionary scheme aims to introduce 10,000 electric buses across 169 cities, leveraging the power of the public-private…
The world of investment is a dynamic and ever-changing landscape. Those who delve into the fundamentals of investing and comprehend the various asset classes stand to reap substantial rewards in the long run. In this beginner’s guide, we’ll explore the different types of investments and their positions on the risk ladder, helping you navigate the…
IntroductionIndia’s gold imports surged to a record $14.86 billion in November 2024, marking a four-fold increase compared to $3.44 billion in November 2023. This spike was largely driven by festive and wedding season demands, according to data released by the Commerce Ministry. Key Highlights of the Surge 1. Cumulative Growth in Gold Imports 2. Gold…
Introduction In this article, we will delve into the recent fundraising efforts of Suzlon Energy and how these initiatives are shaping the future of the clean energy sector. With a comprehensive understanding of the renewable energy landscape and an unwavering commitment to excellence, we aim to provide you with valuable insights and information that will…
Introduction to Ceigall India’s IPO Ceigall India, a prominent infrastructure construction company, is set to open its Initial Public Offering (IPO) on August 1. The price band for the IPO will be revealed on July 29. This public offering includes a fresh issuance of equity shares valued at Rs 684.3 crore and an offer for…
Zee Business analyst Kushal Gupta recommends investors consider buying Zydus Lifesciences for a one-year period. As of Monday, May 27, the stock closed at Rs 1,058.6 per share on the BSE, reflecting a 1.6 percent increase, or Rs 17.35 per share. Market Overview On May 27, the domestic equity benchmarks, Nifty 50 and Sensex, closed…
Narendra Ostawal, the head of investment advisory activities at Warburg Pincus in India, shares insights on the recent acquisition of Shriram Housing Finance, shedding light on the rationale, valuations, and future prospects in the financial services sector. Key Highlights: Strategic Fit: The acquisition aligns with Warburg Pincus’s belief in the growth potential of retail credit,…
In the dynamic landscape of the stock market, the Sensex is on a positive trajectory, witnessing a significant 0.47 per cent surge. Simultaneously, the Nifty is making notable gains, trading higher by 0.35 per cent. Riding the Waves: Ongoing Market Trends Sensex and Nifty Show Strength The ongoing trading session showcases the resilience of the…
