Target Financial News

Buy or sell stocks for today: Domestic benchmark equity indices Sensex and Nifty 50, ended higher in the previous session amidst a choppy trading session led by gains in information technology (IT), auto, pharma, and realty stocks. The 30-share BSE Sensex ended higher by 305.09 points or 0.42 per cent at 73,095.22 level while the Nifty 50 closed at 22,198.35 level, up 76.30 points or 0.34 per cent.

New Delhi/Mumbai: India plans to seek a four-year delay in the start date of the European Union’s contentious carbon tax to provide more breathing space to its exporting industries, multiple people aware of the matter said. Under the EU’s carbon control regime that kicks off in 2026, emissions should be reduced 2.5% in the first year and reduced every year after that, and eliminated by 2034. There are different targets set for every year and the current plan aims to reduce emissions by 48.5% by 2030.

American consumers are feeling less confident this month as concerns over a possible recession grew, despite most indicators pointing to a healthy U.S. economy

The United Auto Workers says a majority of workers at a Mercedes plant near Tuscaloosa, Alabama, have signed cards in support of joining the union

Miami's next match is against Orlando City. Miami's game against Orlando City on March 2. The game is scheduled to kick off at 4.30 pm.

Microstrategy, Inc. (NASDAQ:MSTR) was initiated with a Buy rating and $990 per share price target at Benchmark in a note to clients from the firm on Tuesday.

The fundraise for EQT X exceeded the €20bn target size and represented a near 40% increase on the previous fund EQT IX, which closed at €15.6bn in April 2021.  Most commitments came from pension funds, sovereign wealth funds and asset managers, but the private wealth segment made up an increasing share of the total capital raised. According to the FT, private wealth channels accounted for about 10% of the fund. Hamilton Lane: Semi-liquid private markets funds lower access barriers for retail investors This comes on the back of the firm's strategic push to offer the private wealth m...

NEW DELHI : Skoda Auto is looking to double its sales in India by 2026 with the launch of its affordably priced compact SUV next year. As part of its broader plan for the country, the Czech automaker hopes to ship out as many as 100,000 cars in 2026, more than twice the number of vehicles it sold in 2023, a top company official said on Tuesday.

(Reuters) -Zoom Video Communications' shares gained more than 7% in early trading on Tuesday after the company delivered better-than-expected results and announced a share buyback of up to $1.5 billion.

BENGALURU/MUMBAI : Global capability centers (GCCs), which have outpaced IT services companies in talent acquisition both from campuses and the job market, are now grappling with attrition due to rising competition among themselves. The skilled workforce at GCCs, accustomed to serving US and European clients, are prime targets for competing GCCs seeking to onboard personnel without delay, as they enter or expand operations in India. "GCCs, too, are susceptible to attrition risk, in view of rising demand for talent across GCCs, particularly with a growing number of GCCs getting established.

₹300 crore, from ₹100 crore at present. The regulator offered a glidepath to reach ₹300 crore by 31 March 2026, with the target for March 2024 being set at ₹200 crore. Industry executives and external experts said this could prove detrimental for smaller ARCs that lack the ability to meet the NOF norms.

₹300 crore in a year would pay ₹18-30 crore to an operator for management services. These partnerships are often long-term, with most hotels signing contracts lasting 12-15 years. Many hotels are looking to largely brand hotels that are new developments or greenfield projects for their upcoming pipeline as opposed to brand conversions projects, which would account for just 20-30% of the pipeline.

NEW DELHI : Roche Pharma India, a subsidiary of the Swiss pharmaceutical giant Roche, has launched monoclonal antibody drug, Ocrevus (ocrelizumab) in India for the treatment of multiple sclerosis. The company said Ocrevus is the first disease-modifying therapy (DMT) for both relapsing multiple sclerosis (RRMS) and primary progressive multiple sclerosis (PPMS) and targets 150,000-200,000 patients diagnosed with multiple sclerosis in India. The drug is being launched in India after almost seven years of it being approved by the US Food and Drug Administration (FDA) for global use.

Skoda Auto will begin assembling electric vehicles in India latest by 2027, a senior company official said on Tuesday. The company is testing electric SUV Enyaq for possible launch in India this year. «We are deep in e-mobility. In the next three years we will expand to six models and out of this, one specific model we should bring to India as well,» Skoda Auto India Brand Director Petr Janeba told PTI here. When asked about plans for local assembly of EVs, he said, "(The) ultimate target is latest by 2027 we will be assembling full battery electric vehicle here in India."

The latest market upswing, sparked by Nvidia’s (NVDA) strong earnings beat and guidance, has brought S&P 500 valuations to the forefront, making them a primary concern among investors as the index reached new all-time highs.

Havells India Limited surged by 4 percent, reaching a 52-week high of ₹1,482. This notable increase came after Goldman Sachs upgraded the rating for the wires and cables manufacturer from "neutral" to "buy." Alongside the rating upgrade, the global brokerage also raised the price target for Havells to ₹1,660 from ₹1,540, indicating an upside potential of 17 percent from the previous session's closing price.

Goan luxury real estate developer Sun Estates is expected to generate Rs 320 crore from two projects Sol Reserve and Saipem Hills 2, a senior executive said. Sol Reserve will have 16 ultra-luxurious 4 BHK villas, priced from Rs 7 crore. Another project Saipem Hills 2 will have villas ranging from 4,000 to 6,000 sq for and each villa comes complete with private pools, gardens, and fully furnished interiors.

By Stefano Rebaudo

Maharashtra Government has ordered an SIT to probe the Maratha reservation agitation led by activist Manoj Jarange Patil. The move came after Jarange Patil accused Maharashtra deputy CM of conspiring to target him. Speaking in the Maharashtra Legislative council on Tuesday, CM Eknath Shinde said "«Many leaders have become big on the issue of Martha reservation, Jarange patil raised demands for Maratha reservation he didn't had any political background and even I went to him.Keeping all the protocols aside I visited him twice. But now he is making remarks against DCM, our ministers and on the government… why? He is using low level language against the DCM, this language is not of karaykarta it's a political language. There are many other castes leaving in the state but this is an attempt to creat conflict between castes too. We won't tolerate such language against anyone. So let SIT investigate the matter and doodh ka doodh paka pani hone do» «We have given reservation to Maratha and it will stand in the court too all the guidelines and norms of court has been studied properly and accordingly. We have given reservation, there is no injustice done on any other community but people are spreading rumours that this reservation won't stand in court why? Who is spreading this?» the Maharastra CM said.

India’s industrial growth and modernization, giving people access to modern energy services. Despite this progress, the average household in India only consumes a tenth as much electricity as the average household in the United States. India’s sheer size and its huge scope for growth mean that its energy demand is set to grow by more than that of any other country in the coming decades.

Also Read: FPI holdings of Indian stocks dip to a decadal low of 16.3% in January In the chemical sector, HDFC Securities has a ’Buy’ rating on Navin Fluorine, Galaxy Surfactants, Neogen Chemicals and Aether Industries. Here are stocks to buy in the chemical sector.