Target Financial News
22.02 / 14:32
Provident
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Investigations
An online dump of Chinese hacking documents offers a rare window into pervasive state surveillance
Chinese police are investigating an unauthorized and highly unusual online dump of documents from a private security contractor linked to China’s top policing agency and other parts of its government
22.02 / 13:54
markets
UPS
Target
Progressive
Manufacturing
rights
0 to 10,000 in 3 years: Birla sets ambitious target for new paints business
₹80,000-crore Indian decorative paints market. “Our vision is ambitious and our initial goal is clear—to clock revenues of ₹10,000 crore and become profitable not later than the third year of full-scale operations," Birla said on Thursday at an event to launch the group’s paints brand, Birla Opus. Birla Opus products will be available in Punjab, Haryana and Tamil Nadu from mid-March and in towns with populations of at least 100,000 by July 2024.
22.02 / 13:54
markets
IPO
Target
Food
country
Traffic
IRCTC joins hands with Swiggy for pre-ordered meal delivery; service to be available at 4 railway stations. Details here
Also Read: Swiggy's GMV reaches $1.43 billion in 1H24; here's what brokerages say The services will be expanded to other stations after the completion of the first phase. “The e-catering service through Bundl Technologies Pvt. Ltd.
22.02 / 13:54
markets
Target
FIVE
Sustainability
Food
trends
rights
NOT
RBI MPC Minutes: Job on inflation front not over, ‘last mile’ of disinflation can be sticky; 5 key highlights
policy committee (MPC) meeting on February 8 decided to keep the benchmark interest rate (repo rate) unchanged at 6.5 per cent citing inflationary concerns. Five members including Dr. Michael Debabrata, Shashanka Bhide, Ashima Goyal, and Rajiv Ranjan voted for status quo on the policy rate for the sixth consecutive time, while Jayanth R Varma voted to reduce the policy repo rate by 25 basis points.
22.02 / 13:54
Target
students
Universities
testing
recommendations
gatherings
Schools
CBSE to conduct open-book exam trials in English, Mathematics, Science for classes 9-12 soon, says 'no plans for...'
CBSE) is planning a pilot run of Open-Book Exams (OBE) in selected schools for classes 9 to 12 later this year, according to officials. The idea was floated in the last governing body meeting of CBSE Board in December, 2023. Officials, however, said there is no plan to adopt the format in class 10 and 12 board exams.
22.02 / 13:31
COST
UPS
Target
CEO
Gold miner Newmont beats Q4 profit estimates, plans to divest six mines
(Reuters) -Newmont Corp, the world's largest gold miner, beat fourth-quarter profit estimates on Thursday and said it will divest six non-core assets.
22.02 / 12:55
Target
students
Universities
testing
recommendations
gatherings
Schools
CBSE to conduct trials of open-book exams for classes 9-12; no plans to adopt format in boards
CBSE) is planning a pilot run of Open-Book Exams (OBE) in selected schools for classes 9 to 12 later this year, according to officials. The idea was floated in the last governing body meeting of the Board in December, 2023. Officials, however, said there is no plan to adopt the format in class 10 and 12 board exams. «The CBSE is planning a pilot run of open-book assessments in selected schools, targeting subjects — English, Mathematics, and Science for Classes 9 and 10, and English, Mathematics, and Biology for Classes 11 and 12. The aim is to gauge the time taken by students to complete these tests and gather feedback from stakeholders. »The plan is in line with recommendations made in the National Curriculum Framework. These tests would undergo a pilot phase in schools to evaluate various aspects such as completion time, suitability for formative and summative assessment, and stakeholders' perceptions," a senior board official said.
22.02 / 10:19
markets
Citi
Provident
Target
Aware
Trade
Grasim share price scales 52-week highs propelled by paint segment launch; Should you Buy, Sell or Hold the stock?
Grasim Industries share price has seen almost 40% rise as it scaled 52-week high on Thursday. The launch of Paint business is adding to optimism on earnings growth.
22.02 / 09:27
markets
Target
NVIDIA
Trade
show
reports
Nvidia's blockbuster earnings, Fed minutes - what's moving markets
Investing.com -- Nvidia's revenue skyrockets above Wall Street projections in the fourth quarter, sending shares in the artificial intelligence chipmaking giant's soaring in extended trading. Elsewhere, minutes from the Federal Reserve's January meeting show that officials at the U.S. central bank were wary about cutting interest rates too soon.
22.02 / 09:19
markets
UPS
Target
Election
reports
Bharat Dynamics trims FY24 revenue guidance on supply concerns from Israel; Elara Capital downgrades stock, cuts target
Bharat Dynamics has pared its revenue guidance to ₹2,900 crore - ₹3,000 crore from ₹3,200 crore in FY24 versus, implying a 21% growth versus FY22, according to a report by Elara Capital. The brokerage estimates of ₹3,180 crore revenue. The company expects revenue to grow to ₹4,000 crore in FY25E and to ₹5,000 crore in FY26, led by execution of Astra Mk1 Beyond Visual Range Air-to-Air Missile (BVRAAM), ATGM, Akash, and exports.
22.02 / 07:57
markets
UPS
Target
Election
Trade
performer
reports
ABB India shares soar 8% as post-earnings rally extends to second day
₹5,389 apiece. Investors continued to express optimism following the company's impressive performance in Q4CY23. In the previous trading session, the company's shares hit a 10% upper circuit limit after it released its Q4 results on Tuesday, surpassing analysts' expectations.
22.02 / 07:57
markets
IPO
Target
trends
Trade
reports
Stock Check: JSW Infra jumps almost 100% from IPO price in 5 months; should you still buy?
₹236, the newly listed JSW Infra has surged almost 100 percent jump from its IPO price of ₹119 in less than 5 months. The port infra firm had made a strong debut on the bourses on October 3, 2023, listing at ₹143 on NSE and BSE, a premium of 20.17 percent from its IPO price. The ₹2,800 crore IPO was open for subscription between September 25 and September 27 at a price band in the range of ₹113-119 per share.
22.02 / 07:01
markets
UPS
Target
Action
Election
wellness
3-4% upside in Nifty very much on the cards in March, says Pankaj Pandey
Pankaj Pandey, Head Research, ICICIdirect.com, says “we still have enough firepower to take Nifty to much higher levels and if election outcomes come on expected lines, then overall we will not be surprised if 25,000 is very much likely on Nifty. Also, in March, a 3-4% kind of upside is very much on the cards. ” Bulls are lacking energy. The thunder is not there. Markets are making all-time highs, but that is just optics. The underlying fabric of the market in the last 8-10 days seems to be getting slightly weak. Pankaj Pandey: At 22,000 levels, obviously it is a psychological level, some bit of nervousness is understandable. But our sense is that typically during a month of, say February and March, the market usually tends to correct and from there on, panning out in a better direction. Our sense is in March, probably a 3-4% kind of upside is very much on the cards.
22.02 / 06:07
markets
UPS
IPO
Target
Platform
Enterprise
reports
Hero Future Energies to rope in JP Morgan for pre-IPO fundraise of $200 mn
Mint in August last year, chairman and managing director (CMD) Rahul Munjal said that Hero Futures Energies will look at several options to raise funds over the next two-three years, including the launch of an IPO. He had added that the company will plan new fundraises, including private investments and accessing public markets. London-headquartered Hero Future Energies has a 3 gigawatt (GW) operational and under-construction portfolio across India, Ukraine and Vietnam, and an additional 2 GW pipeline.
22.02 / 06:05
markets
Target
Action
security
economy
Sustainability
social
Pressure grows on China for big policy moves to fix economy
China's parliament approaches next month, its leaders are facing the greatest pressure in almost a decade to take bold policy decisions that safeguard the economy's long-term growth potential. The start of the year saw Chinese stocks tumbling to five-year lows on growth concerns and deflation deepening to levels unseen since the global financial crisis, prompting comparisons with the 2015 turmoil that forced policymakers into action.
22.02 / 04:49
markets
UPS
Target
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show
reports
Stock to buy: Anand Rathi picks Shilpa Medicare as stock of the month, forecasts 20% upside
₹445.15 as against previous close of ₹442.15 apiece on the BSE and gained as much as 1.71% to an intraday high of ₹450.00. Brokerage firm Anand Rathi has named Shilpa Medicare as its pick of the month and expects an upside of over 19% in the stock. “Shilpa Medicare on weekly chart is showing high volume breakout.
22.02 / 04:49
markets
UPS
Target
NVIDIA
wellness
Trade
Nvidia’s AI Party Is Far From Over
Nvidia wasn’t priced for perfection. Investors expected it anyway—and nearly got it. The chip maker at the forefront of the artificial-intelligence revolution managed to deliver a stronger-than-expected quarterly report and forecast on Wednesday afternoon.
22.02 / 04:19
markets
Target
security
WhatsApp
reports
Buy CIE Automotive India, target price Rs 565: Axis Securities
CIE Automotive India with a target price of Rs 565. The current market price of CIE Automotive India Ltd. is Rs 466.45. CIE Automotive India Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 17539.82 Crore) operating in Auto Ancillaries sector.
22.02 / 04:19
markets
UPS
Target
Trade
reports
Pharmaceuticals
Buy Shilpa Medicare, target price Rs 540: Anand Rathi
Shilpa Medicare with a target price of Rs 540. The current market price of Shilpa Medicare is Rs 441.95. Shilpa Medicare Ltd., incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 3828.83 Crore) operating in Pharmaceuticals sector.
22.02 / 04:19
22.02 / 03:11
markets
Target
security
Research
trends
Experts
recommendations
Day trading guide for stock market today: Eight stocks to buy or sell on Thursday — 22nd February
Stock market today: On account of weak global cues after Tuesday's sell-off on Wall Street, the Indian stock market ended lower on Wednesday. The Nifty 50 index lost 141 points and closed at the 22,055 level, the BSE Sensex shed 434 points and ended at the 72,623 mark whereas the Bank Nifty index finished 74 points lower at the 47,019 level.
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