Target Financial News
04.03 / 08:15
markets
UPS
Citi
Target
Booking
performer
Updates
Godrej Properties: Market-share push hinges on geographic diversification
two land acquisitions. It bought 11.36 acres in Gurugram, Haryana, with an estimated revenue potential of more than ₹4,500 crore, strengthening its exposure to the National Capital Region (NCR).
04.03 / 00:41
markets
Provident
Target
FIVE
Manufacturing
show
Updates
Samsung was the star of smartphone PLI. But it gave telecom PLI a complete miss
₹12,195 crore production-linked incentive (PLI) scheme was introduced in February 2021 to encourage the local manufacture of equipment such as network switches, transmission gear and set-top boxes.Out of the scheme's 42 applicants, 19 including Samsung have not claimed or received any incentive, data showed. Only 15% of the scheme's outlay was actually disbursed, even as its five-year run ends this month.Companies which have chosen FY23 as base year will have one year left (FY27) to claim incentives on incremental sales, whereas investments under the scheme were only allowed till FY26 for all the scheme participants.Samsung India Electronics, which applied for the scheme in 2022, chose to withdraw because it found local manufacturing unviable given limited customer demand for its telecom gear, an industry expert said.
02.03 / 05:41
markets
UPS
Target
FIVE
Google
Enterprise
wellness
L&T data centres target $1bn revenue by 2030
₹9,200 crore, in annual revenue by 2030, by which time it aims to build 350 megawatts (MW) of operational capacity. The strategy contrasts with peers announcing gigawatt-scale investments, even as demand for AI infrastructure accelerates across the country.“We of course hope that in the next five years, we can scale our business up to $1 billion in annual revenue.
02.03 / 03:43
markets
Citi
Target
Manufacturing
Analysis
show
country
Why EV adoption in India is slow and uneven
Mint analysis of vehicle registration data from the Vahan dashboard shows the share of overall EV sales has risen from under 1% until 2020 to 8% in 2025. Adoption accelerated after 2021 amid a stronger policy push.Compare this with the government’s ambitious target of 30% EV penetration by 2030—it’s an unachievable goal.“Realistically, the aim looks extremely difficult to achieve; even with strong growth, crossing the 10–12% threshold by 2030 itself would be challenging under current conditions,” said Rajat Mahajan, partner and auto sector leader at Deloitte.The concern is not just about missing a numerical target.
01.03 / 13:25
markets
Target
Booking
Platform
MakeMyTrip
hospital
travelers
The 6% yield secret: Why some platforms are betting big on leisure corridors
₹5.2 crore purchase of a three-bedroom pool holiday villa after a short meeting with the founders of luxury real estate company Isprava.“The idea was clear from the beginning,” said Narayan, 54, who returned to India in 2019 after spending around two decades abroad. “I wanted to stay there when I had time, but the rest of the year I wanted it let out.”Narayan took possession in March 2023 and listed shortly thereafter on Lohono Stays, Isprava’s hospitality arm.
01.03 / 13:25
Target
Sustainability
Food
country
innovations
Updates
International
Global agricultural subsidies directly linked to deforestation, World Bank warns
₹1.71 trillion as fertilizer subsidy for FY27. The support goes to plant nutrients such as urea, phosphorous and potash, with the subsidy system designed to partially absorb price spikes faced by farmers arising from international commodity shocks.At the same time, policymakers have begun encouraging alternatives.
28.02 / 08:57
markets
UPS
Target
Manufacturing
Platform
Strategy
Align
HEG Greentech demerger: Why Madhusudan Kela is betting ₹500 crore on this pivot
The global steel industry is a major polluter, accounting for about 7-9% of global greenhouse gas emissions. The traditional blast furnace-basic oxygen furnace (BF-BOF) manufacturing process is highly carbon-intensive, emitting an average of 2.33 tons of carbon dioxide per ton of steel.To align with the Paris Agreement's climate goals and pre-empt the imposition of aggressive carbon taxes, major steel manufacturers are actively shutting down their legacy blast furnaces and replacing them with electric arc furnace (EAF) technology.This transition is rapidly restructuring the global steel industry.
28.02 / 02:03
UPS
Target
Manufacturing
economy
information
reports
Updates
The week in charts: GDP growth, national monetization plan, IT troubles
From gross domestic product (GDP) growth easing in the December quarter, to the government outlining a nearly ₹17 trillion asset monetization pipeline, IT stocks extending losses amid AI-driven concerns, India weighing contingency plans for crude oil imports, and a moderation in salary hikes, here’s a compilation of this week’s news in numbers.India's economy likely grew at 7.8% during the December quarter, slowing from 8.4% in the previous quarter, due to slower growth in agriculture and the non-manufacturing industrial sectors, and government spending cuts, data released on Friday showed. GDP growth is estimated at 7.6% for 2025-26, up from 7.1% in the previous year.
27.02 / 03:01
markets
UPS
Target
Align
Trade
show
Updates
Profitable and undervalued: 3 stocks to watch in 2026
value investing. One key measure of profitability is Return on Equity (ROE), which shows how efficiently a company uses shareholders’ money to generate profits.In 2026, with valuations stretched in many sectors, looking for stocks with strong ROE and attractive prices can help investors target both growth and safety.We screened for companies with ROE around 20% or more and price-to-earnings ratios near 10. Here are three that stand out.
27.02 / 01:33
markets
UPS
Target
security
Updates
peace
America’s dangerous pursuit of critical-mineral dominance
mismanaging these trade-offs. Officials seem to deem almost any expense to be an acceptable price for security. Money is being spread wastefully thin, not focused where China’s grip is tightest, in refineries and smelters.
26.02 / 14:13
UPS
Target
Manufacturing
Strategy
Sustainability
Discover
Updates
India to shift solar manufacturing subsidy from sales-linked PLI to upfront capex support for key components: MNRE secy
New Delhi: India is shifting its strategy for solar component manufacturing from sales-based production-linked incentives (PLI) to an upfront capex-based subsidy for wafers, ingots and polysilicon, according to Santosh Kumar Sarangi, secretary in the ministry of new and renewable energy (MNRE). The ministry is developing financial-support schemes for agri-photovoltaics, floating solar and bioenergy, Sarangi said in an interview.To address 43 GW of unsigned power agreements, representing a ₹2.1 trillion investment, implementation agencies such as Solar Energy Corp of India (SECI) are negotiating project cancellations for unviable sites and securing state commitments for others.
26.02 / 11:53
markets
UPS
Target
Crocs
Celebrity
reports
International
Crocs bets on India as top-6 global market, targets Gen-Z
Mint in an interview. “India may not be a Top 6 market for us by revenue today, but we believe it will be a Top 6 market for us long-term.
26.02 / 01:11
markets
Provident
Target
Sustainability
trends
performer
recommendations
Stocks to buy: Raja Venkatraman recommends two stocks for 26 February
A volatile start to the new series has dampened investor sentiment. The indices are struggling to maintain peaks, but steady performance in individual stocks suggests that market participation is shifting away from the benchmarks and toward specific stock-picking.Buy above ₹1770, stop ₹1705, target ₹1925 (multiday)Buy above ₹160, stop ₹153, target ₹174 (multiday)Buy above ₹1350, stop ₹1290, target ₹1480 (multiday)Why it’s recommended: Technical trends indicate that after a powerful rally driven by Q3 FY26 net profits jumping 37% to ₹813 crore, the stock entered a brief healthy consolidation.
25.02 / 11:43
markets
Target
Software
innovations
information
reports
Updates
Mint Explainer: Are India’s IT giants actually ready for AI?
On Tuesday, information technology industry body Nasscom projected a flat pace of growth for India’s tech services sector in the coming fiscal years. The previous day, brokerage firm Jefferies reduced its target prices of India’s Big Four IT firms.
25.02 / 02:13
markets
COST
Target
FIVE
awards
rights
Updates
National Monetization Pipeline 2.0: The latest plan’s size is impressive but its success isn’t guaranteed
The monetization of state-owned assets is a good idea in principle. It could trigger fresh capital formation that accelerates economic growth if implemented right.
24.02 / 11:11
markets
UPS
Target
economy
Headlines
How to interpret the pain at the edge of America’s labour market
Subscribe to enjoy similar stories. Lately economists have been vigorously debating the health of America’s labour market. Some argue that the jobs market is weakening, portending a downturn and requiring further interest-rate cuts from the Federal Reserve.
24.02 / 10:23
markets
Target
BLOCK
SpaceX
Cycling
stage
blues
Where America’s most prominent short-sellers are placing their bets
Subscribe to enjoy similar stories. “I have to giggle," says Jim Chanos, asked if investors have become overly optimistic about artificial intelligence. “We’ve got to the ‘data-centres-in-space’ stage of the cycle." Firms from SpaceX and Blue Origin to Alphabet plan to shrug off earthly constraints on the computing clusters that power AI, and launch them into orbit.
24.02 / 06:57
markets
Target
Trade
stage
Updates
Relationships
International
JSW to put ₹65 crore Dulux royalty savings back into India's competitive paints business to widen market share
The JSW Group, which acquired Akzo Nobel India Ltd last year, plans to plough the money that used to be paid as royalty for the Dulux brand back into its paints business and widen its market share.JSW Paints acquired the decorative paints business of Akzo Nobel India, which includes the popular Dulux brand, for ₹9,000 crore in June 2025. Earlier, 3% of the value of decorative paints sales was paid as royalty to its global parent for use of the brand, but that has now stopped.“In the month of June 2025, we acquired the decorative IP and the Dulux brand is now owned by Akzo Nobel India… So, the royalty ceased to exist, which translates to roughly around 60 crore to 65 crore rupees, depending on the revenue trajectory,” Krishna R, chief financial officer of Akzo Nobel India, said during a post-earnings interaction with analysts.
24.02 / 05:35
markets
UPS
Target
Metro
wellness
Healthcare
Cipla Health targets 3x growth in 5 years, bets big on beauty and wellness
Mint.The growth ambition comes as India’s premium personal care and wellness market intensifies, drawing aggressive FMCG majors, venture-backed startups and global brands. Cipla Health is betting that its pharmaceutical lineage and scientific credibility can help it scale brands into large consumer franchises.“We don't have as many large consumer health brands in India at the moment,” Puri said.
24.02 / 00:39
markets
Provident
Target
Sustainability
performer
classical
recommendations
Stocks to buy: Raja Venkatraman recommends two high-yield dividend stocks for 24 February
Subscribe to enjoy similar stories. Indian stocks with high dividend yields such as Vedanta and Coal India have acted as defensive anchors during the market volatility of 2025-2026. Despite global uncertainty and shifting domestic policies, these companies provided 4-6% yields, using their strong cash flows to protect investor capital from broader market declines.
23.02 / 10:25
markets
IPO
Target
Highways
rights
Traffic
International
Vertis InvIT plans to double AUM to ₹52,000 crore in two years; eyes ₹5,000–6,000 crore acquisitions annually
Vertis Infrastructure Trust, an infrastructure investment trust (InvIT) backed by global investment firm KKR and Ontario Teachers’ Pension Plan, plans to double its assets under management (AUM) to about ₹52,000 crore over the next two years, driven by steady secondary acquisitions of operational highway projects worth ₹5,000–6,000 crore annually, joint chief executive officer Zafar Khan said in an interview.The roads-focused InvIT, which currently manages assets worth around ₹26,000 crore, expects to add a mix of hybrid annuity model (HAM) and toll projects to maintain a balanced portfolio and enhance investor returns.“We are not satisfied with ₹26,000–27,000 crore. We are looking at doubling our AUM in the next two years.
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