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neutral call on Vedanta with a target price of Rs 520. The current market price of Vedanta is Rs 439.25. Vedanta Lt, incorporated in 1965, is a Large Cap company with a market cap of Rs 170453.82 crore, operating in Diversified sector. Vedanta's key products/revenue segments include Aluminium, Copper Cathodes, Oils, Iron Ore, Pig iron, Others, Other Operating Revenue, Power, Metallurgical Coke, Export Incentives, Scrap for the year ending 31-Mar-2024.

India VIX, the volatility gauge, surged 5.79% to close at 15.43 on Wednesday, indicating heightened caution. The Nifty future closed negative with losses of 1.10% at 23,696 levels.

investment opportunities with potential upsides. Goldman Sachs has reiterated its confidence in Eicher Motors and Larsen & Toubro (L&T), citing strong growth drivers and robust performance indicators.

Eicher Motors zoomed 7.5% on Thursday to their day’s high of Rs 4,934.50 on the BSE as the company reported an 8% growth in its standalone net profit at Rs 1,010 crore in the quarter ended September 2024. While registering steady growth on an annual basis, Eicher Motors lagged in quarterly comparison. The two-wheeler segment displayed steady growth despite facing the seasonal backlash, leading to lower footfall during the quarter, however, aided by higher ASP, the company registered healthy revenue growth during the quarter.

HDFC Securities has a buy call on Jyothy Labs with a target price of Rs 600. The current market price of Jyothy Labs is Rs 424.65. Jyothy Labs, incorporated in 1992, is a Mid Cap company with a market cap of Rs 15687.15 crore, operating in FMCG sector. Jyothy Labs' key products/revenue segments include Personal Care, Sale of services and Scrap for the year ending 31-Mar-2024.

Swiggy on Wednesday listed at a 5.6% premium to its initial public offer (IPO) price of ₹390, making it the first company with issue size of over ₹10,000 crore in the past decade to have listed above the offer price. The stock closed 17% above its issue price at ₹455.95 in a weak market, surpassing analysts' expectations of a tepid debut. The company's market capitalisation at close on Wednesday was ₹1.02 lakh crore.

Subscribe to enjoy similar stories. The consumer price index (CPI)—or retail inflation—surged in October to 6.2%, breaching the Reserve Bank of India’s (RBI) upper tolerance limit. Mint looks at what caused this spike, its expected trajectory in the coming months and what it means for interest rates.

A hacking group that is believed to be Chinese state-sponsored has compromised two websites with ties to the Tibetan community in an attack meant to install malware on users’ computers

Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021

Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.

I work in financial services, asset management specifically, and I'm fed up with «talent acquisition» staff in the space… or lack thereof.

As we roll towards the allocation and payment of end of year bonuses, another bank has been cutting the sorts of people who might usually expect big ones. This time, it's Deutsche Bank.

Subscribe to enjoy similar stories. The alchemy of the venture capital process, in which investments are catalyzed over a number of years into a successful IPO or a big M&A deal, is under pressure. Investors are demanding to extract returns from VC firms and startups even though the IPO market is still in a state of recovery, reflecting lingering economic anxieties and other factors.

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Managed by Matthew Brett, the fund was launched in 1984 and holds a plethora of Japanese institutions such as SoftBank, Nintendo and Sony, as it aims to outperform the TOPIX index by 1.5% per annum over five years. In the 12 months to 30 September 2024, the fund returned just under 10.8%, short of its target benchmark return of 12.4%, according to data from Morningstar. Baillie Gifford's Iain McCombie: Rightmove's REA rejection 'really good news' for UK M&A Over the long term, however, the fund has performed well against the broader Japanese stock market and IA Japan sector, HL not...

shares opened slightly lower on Wednesday, mainly dragged by technology stocks, while investors focussed on a key U.S. inflation print due later in the day that could alter market expectations on the Federal Reserve's interest rate path. The pan-European STOXX 600 slipped 0.1%, as of 0809 GMT, extending losses after a near 2% drop on Tuesday.

Swiggy surged 9% to Rs 449 on BSE in Wednesday's trade after making its Dalal Street debut at Rs 412. Meanwhile, the company’s market capitalization crossed Rs 1 lakh crore mark. Swiggy’s muted debut on Dalal Street was marked by a small premium of 8% over its issue price. Investors are refraining from making bold bets on the stock since the company is currently loss-making at the consolidated level and is believed to be at least 2-3 years away from PAT level break-even.

Subscribe to enjoy similar stories. The entire cement industry is chasing volumes, but Shree Cement Ltd is going against the tide. Its strategy of prioritizing value over volumes in a seasonally weak September quarter (Q2FY25) has helped contain the drop in realizations.

China deployed some of its newest strike aircraft, warships and missile forces. However, one of the most menacing weapons used in the drills: an updated version of a bomber that first flew in the early years of the Cold War. Like America, which still relies on upgraded versions of the B-52, a bomber from the same era, China has successfully modernized its jet-powered H-6 to carry on flying deep into the 21st Century. These bombers were shown on China's state-controlled media taking off for missions designed to intimidate Taiwan as part of the war-game drills. Dubbed Joint-Sword 2024B by China's military, the maneuvers were a «stern warning» to people on Taiwan seeking independence, the Chinese military said.

arrested by the RCMP, according to documents obtained by Global News.The boys, both minors, were arrested in December and February over what police called a terrorist plot against the Ottawa Jewish community.Specifics of their plan were not disclosed at that time, but newly-released allegations filed in court detail their suspected target.“They are alleged to have formed a plan last fall to violently attack Jewish persons in Ottawa, possibly through the detonation of an explosive device at a pro-Israel rally,” the Department of Justice wrote.No further details were provided, but one of the accused is charged with possession of acetone, oxidizer and metal ball bearings.All are common components of homemade bombs.The plot was allegedly linked to ISIS, also known as DAESH, and was “possibly accelerated” by the Hamas attack on Israel, according to the government’s Integrated Terrorism Assessment Centre.“Although radicalization of these individuals reportedly began prior to the October 2023 Hamas attack, at least one of the individuals was reportedly in contact with DAESH overseas and the arrests occurred during a period of DAESH calls to violence in response to the conflict.”The claim that a pro-Israel rally was the target surfaced in an application by federal lawyers to withhold sensitive national security information from the youths’ trials.The case comes amid a spike in antisemitic attacks in Canada, including shootings on Jewish schools.ISIS-related cases have also surged since last year, most recently the arrest in Quebec of a Pakistani foreign student accused of planning a mass shooting at a Brooklyn, N.Y., Jewish centre.The Centre for Israel and Jewish Affairs said it was unaware a pro-Israel rally may have been the

buy call on Life Insurance Corporation of India with a target price of Rs 1,200. The current market price of Life Insurance Corporation (LIC) is Rs 932.3. LIC, incorporated in 1956, is a Small Cap company with a market cap of Rs 590723.16 crore, operating in Financial Services sector. Life Insurance Corporation of India's key products/revenue segments include Premiums Earned and Other Operating Revenue for the year ending 31-Mar-2024.