Brokerages remain bullish on Tata Motors, raise targets to up to Rs 400

The company reiterated improved profitability and positive free cash flow targets for its CV and passenger vehicle businesses and its ambition to turn debt-free by FY24. ET takes a look at what brokerages are saying: CLSA The brokerage has maintained buy ...
Economic Times, 4 day(s) ago
Also from: Economic Times

Heranba IPO Subscribed 39% In First Two Hours Of Bidding

Heranba IPO: Emkay Global Financial Services and Batlivala & Karani Securities are the book running lead managers to the public issue of Heranba Industries
NDTV, 3 day(s) ago
Also from: NDTV, Economic Times

Market Movers: What sparked rally in PSU refiners; 42 stocks give sell signal

In the broader market, the gains were more prominent as the Nifty Midcap 100 and Nifty Smallcap 100 index rose 1 per cent and 0.9 per cent, respectively. MUMBAI: An attempt by benchmark equity indices to rebound from the five-day selling spree fizzled out ...
Economic Times, 3 day(s) ago
Also from: Economic Times

European shares fall on bleak earnings; HSBC slips

The benchmark euro zone stock index was down 0.8 per cent. Tech and healthcare stocks fell the most, while oil and gas and travel shares gained nearly 1 per cent. Investors are cautiously optimistic about the rise in U.S. bond yields and what that tells us ...
Economic Times, 3 day(s) ago
Also from: NDTV, Economic Times

Toolkit case: Activist Disha Ravi released from Tihar jail

Earlier in the day, a city court granted bail to 22-year-old Ravi, terming the evidence produced by police as scanty and sketchy. Ravi had been arrested by the Delhi Police's Cyber Cell from Bengaluru on February 13. The Cyber Cell had lodged an FIR against ...
Economic Times, 3 day(s) ago
Also from: Economic Times

India's exports to China grow 16.15% to $21bn in 2020

India's exports to China have increased by 16.15 per cent to USD 20.87 billion in 2020 from USD 17.9 billion in the previous year on account of healthy growth in the shipments of ores, iron and steel, aluminum and copper, according to the data of the commerce ministry. IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: Amit Dave / Reuters. The trade deficit with China has declined 19.39 per cent from USD 56.95 billion in 2019 to USD 45.91 billion ...
Rediff.com, 3 day(s) ago
Also from: Rediff.com, Economic Times

Gold price today jumps Rs 337; silver shoots up by Rs 1,149

r kg, compared with the previous close of Rs 68,518 per kg. NEW DELHI: Gold prices on Tuesday jumped by Rs 337 to Rs 46,372 per 10 grams reflecting overnight gains in global gold prices, according to HDFC Securities. The price of the precious metal had closed ...
Economic Times, 3 day(s) ago
Also from: Economic Times

RIL to spin off oil-to-chemical biz into separate arm with $25bn loan

Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco. IMAGE: RIL chairman Mukesh Ambani. Photograph: ANI Photo. The reorganisation will enable the focused pursuit of opportunities across the O2C value chain, improve efficiencies through self-sustaining capital ...
Rediff.com, 4 day(s) ago
Also from: NDTV, Times of India

India sends first vaccine doses to Africa under WHO's COVAX programme

Fulfilling our commitment to help the world with COVID-19 vaccines, supplies of Made-in-India vaccine commence today for Africa under COVAX facility, Anurag Srivastava, spokesman for the Ministry of External Affairs, said on Twitter. The World Health ...
Economic Times, 3 day(s) ago
Also from: Economic Times

Market Watch: How should traders position themselves in a volatile market?

Tune in as we discuss about rising bond yields and its impact on equity market, what investors should do now, and more! Transcript Welcome to ETMarkets Watch, the show about stocks, market trends and money-making ideas. I am Nikhil Agarwal and here are the ...
Economic Times, 3 day(s) ago
Also from: Economic Times