Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, ONGC, Tata Motors and Sundaram Finance are the top stock picks for today:ONGC: BUY Near ₹233 | Stop Loss: ₹225 | Target: ₹248Similar to other Oil & Gas stocks, ONGC has been…
NEW DELHI: So, Elon Musk may finally be inching closer to launching Tesla’s much-acclaimed electric cars in India. Nearly days after Prime Minister Narendra Modi had a meeting with Musk during his visit to the US, Tesla has seemingly revived its stalled plans to enter the Indian market as it advertised for retail positions in…
NEW DELHI: Led by record production of iPhones, India’s mobile phone exports surged nearly 50% in the first 10 months of this financial year with the value of shipments estimated at Rs 1.5 lakh crore during April-Jan, compared with Rs 1 lakh crore in same period last year.The surge has been primarily led by a…
MUMBAI: Tata Group, India’s largest conglomerate, is set to expand its presence in healthcare through a Rs 500-crore contribution to Breach Candy Hospital, a move that will bring the elite 275-bed multi-speciality SoBo hospital within its ambit of influence.The funding will position the $165-bn Tata Group as the hospital’s largest financial backer, enabling it to…
MUMBAI: The rupee closed at 86.95 against the US dollar on Tuesday, slipping 8 paise as demand for dollars linked to maturing non-deliverable forward (NDF) contracts and weakness among regional peers weighed on the currency. The benchmark 10-year bond was quoted at Rs.100.7, with the yield at 6.7%, as investors awaited a debt purchase scheduled…
GQG Partners LLC and Fidelity Investments were among the several big name investors which bought into Bharti Airtel, according to people familiar, as billionaire-founder Sunil Bharti Mittal seeks funds for newer opportunities.Indian Continental Investment, a founder entity of Bharti Airtel sold just over 0.8% stake or 51 million shares for Rs 8,485 crore ($976 million)…
NEW DELHI: The unemployment rate among those in the 15 years and above age group in urban areas held steady at 6.4% compared to the previous quarter but on an annual basis it dipped a tad, the results of the Periodic Labour Force Survey (PLFS) showed on Tuesday.The PLFS for the Oct-Dec 2024 quarter showed…
MUMBAI: Anil Agarwal-controlled Vedanta has secured approval from creditors holding 83% of its debt value for its planned demerger, surpassing the minimum requirement of 75% support. This significant milestone paves the way for Agarwal to divide the mining conglomerate into at least five different businesses and address the debt situation. The restructuring will enable separate…
NEW DELHI: Canva – one of the world’s top graphic design software companies and a key competitor to Adobe – saw as many as 5.3 lakh presentations being made daily in India just in 2024. The usage was equally big when it came to making resumes, social media posts, or even pitch decks.Cameron Adams, co-founder…
NEW DELHI: With India and the US preparing to start negotiations for a bilateral trade agreement, commerce and industry minister Piyush Goyal on Tuesday said the two countries can offer concessions and duty reductions, as their economies complement each other.During the recent visit of Prime Minister Narendra Modi to Washington, India and the US announced…
