[ad_1] In 2022, Ratan Tata established two entities to manage his personal wealth: the RTEF under Section 8 of the Companies Act 2013 and the Ratan Tata Endowment Trust. In light of uncertainty regarding trustee appointments to the Ratan Tata Endowment Foundation (RTEF), Tata stakeholders are considering opting for an arbitrator. A retired Supreme Court…
[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Jio Financial Services, Tata Motors and Finolex Industries are the top stock picks for today:JIOFIN: BUY Near ₹235 | Stop Loss: ₹199 | Target: ₹305After a sharp 41% correction from its…
[ad_1] A decisive upside breakout of 23,500-23,600 levels could open more upside ahead, says Nagaraj Shetti of HDFC Securities. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened flat in trade on Thursday. While BSE Sensex was near 78,580, Nifty50 was above 23,750. At 9:16 AM, BSE Sensex was trading…
[ad_1] ICICI Securities has an ‘add’ recommendation on LIC Housing Finance with a target price of Rs 640 (+11%). Analysts said the company’s margin fell for the third consecutive quarter to an eight-quarter low on the back of pressure on yields. Asset quality metrics, however, continue to exhibit resilience. Given the stock is currently inexpensive,…
[ad_1] Shein, which was founded in China, has restarted its India operations in partnership with Mukesh Ambani-led Reliance Industries. It was banned in 2020 on security fears. Now based in Singapore, Shein’s mobile app and India website, were launched without any fanfare last week by NextGen Fast Fashion – a wholly-owned subsidiary of Reliance Retail…
[ad_1] Ola Group founder Bhavish Aggarwal on Tuesday announced that he will invest Rs 2,000 crore into his AI startup, Krutrim with a commitment of Rs 10,000 crore by next year. He also announced the launch of the Krutrim AI Lab, releasing the company’s work to the open-source community. “Also announcing India’s first GB200 deployment…
[ad_1] MUMBAI: Shantanu Naidu, who gained recognition as an assistant to late industrialist Ratan Tata, has transitioned to Tata Motors as general manager for strategic initiatives after spending over six years at Tata Sons. “I remember when my father used to walk home from the Tata Motors plant in his white shirt and navy pants,…
[ad_1] Stock Recos by Brokers 040225 BofA Securities has maintained its ‘buy’ recommendation on Reliance Industries with a target price of Rs 1,550 (+24%). Analysts feel that the launch of Chinese fast fashion major Shein through RIL’s platform is directionally positive for the company. They see upside risks to RIL’s retail revenue and EBITDA estimates…
[ad_1] Stock market rallied following positive trends in Asian markets after the US suspended planned tariffs on Canada and Mexico. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Tuesday. While BSE Sensex went above 78,600, Nifty50 was above 23,750 intraday. BSE Sensex ended the…
[ad_1] An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on November 18, 2021. (AP Photo) Cryptocurrency prices fell after President Donald Trump announced new tariffs on goods from Canada, Mexico, and China. Bitcoin dropped from around $105,000 on Saturday to about $92,000 on Sunday night. However, it…
