Akash Ambani says Reliance Jio’s planned flotation will broaden its shareholder base and test investor appetite for a business spanning connectivity, digital services and emerging technologies. Akash Ambani has cast Reliance Jio’s planned public listing as more than a fund-raising…
GuruFocus estimates ICICI Bank shares are worth substantially more than their New York market price, but a low predictability rating and mixed insider activity temper the bullish case. ICICI Bank is trading below the values implied by several valuation models,…
Goldman Sachs says risk appetite has fallen to its weakest level since April, with investors shifting towards bonds, gold and the Japanese yen ahead of a key US interest-rate decision. Goldman Sachs said investor risk appetite has weakened sharply, with…
Twenty-seven ETFs added Berkshire Hathaway shares on October 16, generating $118.7 million in net buying and extending a four-day run of inflows in the past five sessions. ETF investors continued to add to Berkshire Hathaway on October 16, extending a…
South Indian Bank shares have moved above the Rs 52.50 upper boundary of an ascending channel, trading above key moving averages as rising volumes and an RSI of 72 point to strong momentum. South Indian Bank is drawing attention after…
Crompton Greaves Consumer Electricals reported 18.2% second-quarter revenue growth as strong demand for energy-efficient fans, pumps and appliances offset commodity inflation and weaker e-commerce sales. Crompton Greaves Consumer Electricals delivered a strong second quarter, with revenue rising 18.2% from a…
Aurum PropTech posted its fourth consecutive profitable quarter as revenue jumped 64%, margins widened and the newly acquired Housing.com brought scale to its growth strategy. Aurum PropTech reported its fourth straight profitable quarter in the three months to September, as…
Bajaj Finance lifts its FY27 AUM growth forecast to 26%-27% after reporting a 29% rise in quarterly profit, while improving asset quality and lower funding costs support earnings. Bajaj Finance delivered a strong second quarter in FY27, extending a run…
Taiwan’s benchmark index recovered from a sharp early fall as investors bought chip and memory stocks, despite mounting concern over costly AI infrastructure and highly leveraged expansion. Asian markets steadied on Tuesday after a sharp early sell-off, as buyers stepped…
Gold remains under pressure near $4,135 as rising US Treasury yields and firmer inflation expectations weigh on bullion ahead of the Federal Reserve’s October meeting. Gold eased to around $4,135 in early Asian trading on Tuesday as elevated U.S. Treasury…
SK Securities has cut its target for Hyundai Rotem by 42%, citing weaker-than-expected third-quarter results, margin pressure and uncertainty over the timing of overseas defence orders. SK Securities has sharply cut its target price for Hyundai Rotem, saying the market…
Artificial intelligence is driving a vast expansion in borrowing, chips, data centres and power infrastructure, but Allianz Global Investors warns that bottlenecks, valuations and the risk of oversupply could determine which parts of the trade deliver lasting returns. Artificial intelligence…
