Target Financial News
22.08 / 04:25
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Buy Varun Beverages, target price Rs 1800: Axis Securities
Varun Beverages with a target price of Rs 1800. The current market price of Varun Beverages Ltd. is Rs 1544.55. Varun Beverages Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 200906.48 Crore) operating in FMCG sector.
22.08 / 04:08
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Target
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Buy Jyothy Labs, target price Rs 600: Axis Securities
Jyothy Labs with a target price of Rs 600. The current market price of Jyothy Labs Ltd. is Rs 568.7. Jyothy Labs Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 20772.99 Crore) operating in FMCG sector.
22.08 / 04:03
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Target
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Buy DOMS Industries, target price Rs 2620: Axis Securities
DOMS Industries with a target price of Rs 2620. The current market price of DOMS Industries Ltd. is Rs 2430.35. DOMS Industries Ltd., incorporated in the year 2006, is a Small Cap company (having a market cap of Rs 14608.63 Crore) operating in Paper sector.
22.08 / 03:45
UPS
IPO
Target
FIVE
Manufacturing
band
Premier Energies announces Rs 427-450 price band for Rs 2,800 crore IPO. Check details
Premier Energies has announced a price band of Rs 427-450 for its upcoming Rs 2,830 crore initial public offering (IPO) which will open on August 27. The IPO consists of a fresh issue of equity shares aggregating up to Rs 1,291 crore and an Offer for Sale (OFS) of up to 3.42 crore shares by the selling shareholders, which is equivalent to nearly Rs 1,539 crore based on the upper band price of Rs 450.
22.08 / 02:43
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Strategy
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Investigations
Asian equities climb ahead of central bank events: Markets wrap
Federal Reserve and the Bank of Japan that will help define the global rates trajectory. The MSCI Asia Pacific Index climbed 0.2% as benchmarks in Japan, Australia and South Korea rose. That came after the S&P 500 and Nasdaq 100 indexes advanced on further signs the Fed will cut interest rates.
22.08 / 02:39
Target
Waters
Trade
War
reports
travelers
Greek oil tanker drifting and ablaze after repeated attacks in the Red Sea, British military says
A Greek-flagged oil tanker traveling through the Red Sea has come under repeated attack, leaving the vessel “not under command” and drifting ablaze in an assault suspected to have been carried out by Yemen’s Houthi rebels
22.08 / 02:34
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — August 22
Buy or sell stocks today: The Indian domestic stock market index Nifty closed higher for the fifth consecutive session on Wednesday, August 21. The index was fueled by the gains from the domestic FMCG and IT sector, closing 0.29 per cent higher at 24,770.20 points, compared to 24,698.85 points at the previous market close. The Bombay Stock Exchange (BSE) Sensex closed 0.13 per cent higher at 80,905.30 points after Wednesday's session, compared to 80,802.86 points at the previous close.
22.08 / 02:31
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Target
MET
economy
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reports
Most Fed officials favour a rate cut in September if inflation continues to cool
benchmark interest rate at their next meeting in September as long as inflation continued to cool. The minutes of the Fed's July 30-31 meeting, released Wednesday, said the «vast majority» of policymakers «observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.»
22.08 / 00:03
21.08 / 20:40
Target
economy
President
Comerica
country
reports
Department
US economy missing 818,000 jobs. America, we're dealing with a wacky view of our economic health
Comerica Wealth Management CIO John Lynch on the expected 2024 job revisions, his expectations for Federal Reserve Chairman Powell's Jackson Hole speech, where to allocate capital, and Target earnings.
21.08 / 20:28
Target
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Strategy
Experts
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donates
Colleges
Half a billion a month; that's how much Kamala Harris has raised ever since she jumped into the race
However, now, Trump fans cannot be so sure of a victory as Harris' approval rating and popularity is slowly going off the charts, which did not seem to have a remote chance back in June.
21.08 / 20:14
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Provident
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Progressive
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reports
Fed minutes point to ‘likely’ rate cut coming in September
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, stopping short while indicating that a September cut had grown increasingly probable, minutes released Wednesday showed.
21.08 / 18:46
21.08 / 16:47
markets
UPS
IPO
Target
FIVE
Manufacturing
Solar cell maker Premier Energies' IPO to open on August 27. Check details
Premier Energies, India's second-largest integrated solar cell and solar module manufacturer, will open for subscription on August 27 and close on August 29. The IPO consists of a fresh issue of equity shares aggregating up to Rs 1,291 crore and an offer for sale (OFS) of up to 3.42 crore shares by the selling shareholders.
21.08 / 16:36
UPS
Target
Digital
CEO
pandemic
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electronic
Target's focus on lower prices in the grocery aisle start to pay off
Target’s comparable sales rose for the first time in a year as grocery aisle deals for cash-strapped customers began to pay off
21.08 / 16:28
UPS
Target
Manufacturing
Platform
Courts
mountaineering
Shein sues Temu over copyright infringements as the legal feud between the two companies heats up
Online fast-fashion giant Shein is suing its competitor Temu once again, accusing the China-founded shopping platform of stealing its designs, product images and engaging in other types of fraud
21.08 / 14:03
Provident
Target
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Celebrity
Department
FM Nirmala Sitharaman urges income tax department to simplify tax notices and avoid 'threatening tone'
Union Finance Minister Nirmala Sitharaman on Wednesday asked the Income Tax department to work towards being identified as fair and friendly. The FM was speaking on the occasion of Income Tax day celebration, where she marked 165 years of Income Tax, and congratulated Indian taxpayers for the feat achieved. Furthermore, Sitharaman took this opportunity to emphasise on the need for the language of income tax notices and letters issued to the public to be simplified.
21.08 / 13:26
UPS
Provident
Target
WhatsApp
rights
IREDA board to consider raising up to Rs 4,500 cr next week
will consider a proposal to raise up to Rs 4,500 crore through issuance of shares in its meeting on August 29. The funds would be raised in one or more tranches through Further Public Offer (FPO) / Qualified Institutional Placement (QIP) / Right Issue / Preferential Issue or any other permitted mode or combination, subject to the statutory or government approval, a BSE filing said. IREDA, under Ministry of New & Renewable Energy, is engaged in providing finance to mainly renewable energy projects.
21.08 / 12:55
UPS
Target
Matthews
Interviews
Orbis Investments targets wholesale and explores two fund additions
Speaking during an interview on Orbis' UK retail leadership transition, recently appointed Orbis head of UK retail investments Matthew Spencer outlined that the business will look to build on its regional success with IFAs by growing its wholesale proposition. «What we are currently thinking is that we resonated with the IFAs, but how do we have the same sort of traction in the more wholesale space?» Spencer said. Orbis Investments' focus is set to ramp up on the discretionary fund management (DFM) and managed portfolio service (MPS) space. Orbis Investments names head of UK retail...
21.08 / 12:39
markets
UPS
Target
Matthews
Interviews
Orbis Investments targets wholesale market and explores two fund additions
Speaking during an interview on Orbis' UK retail leadership transition, recently appointed Orbis head of UK retail investments Matthew Spencer outlined that the business will look to build on its regional success with IFAs by growing its wholesale proposition. «What we are currently thinking is that we resonated with the IFAs, but how do we have the same sort of traction in the more wholesale space?» Spencer said. Orbis Investments' focus is set to ramp up on the discretionary fund management (DFM) and managed portfolio service (MPS) space. Orbis Investments names head of UK retail...
21.08 / 10:25
Target
economy
community
cover
social
consequences
Destinations
Powell has his task cut out: He must restore confidence in the Fed
Also read: Wall Street today: US stocks mixed, Fed minutes & Jackson Hole in focus While the sudden and large price dislocations were reversed, the unsettling episode felt like a warning of the inherent instability of the financial system. The insecurity was accentuated by what happened in the analyst community. Some well-known Wall Street analysts and observers of finance urged the Fed to immediately implement an emergency intra-meeting rate cut—a move that I argued was unnecessary and potentially harmful.
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