Target Financial News

Royal Orchid Hotels (ROHL) with a target price of ₹498, indicating an upside of 63 percent. "We remain positive on the industry given the favourable demand-supply dynamics in the near-to-medium term. We expect growth for ROHL to outpace peers, given its lower base, extensive room addition pipeline, and improving brand recognition, which will help to narrow the valuation gap with its peers," it said.

Rep. Andy Biggs, R-Ariz., weighs in as GOP lawmakers slam IRS dysfunction despite $60B more in funding over 10 years on 'The Evening Edit.'

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

The big players in the cement sector got bigger, thanks to a spate of acquisitions in recent years. This trend may continue as larger companies, with strong balance sheets, seek to boost or maintain their market share through inorganic growth. In contrast, smaller companies that are struggling to compete due to high debt or low profitability will likely exit the market, further driving consolidation.

(Reuters) -Spain's annual inflation rate fell to 3.2% in November as a result of cheaper fuel and tourist packages, preliminary data from the National Statistics Institute (INE) showed on Wednesday.

(Reuters) — European shares inched higher on Wednesday, with Frankfurt shares leading gains after data showed easing inflation in the German state of North Rhine-Westphalia, while British blue-chip stocks dipped as the pound stayed elevated.

global market cues. Broader markets supported the rally with the Nifty Midcap 100 index hitting record high level. The Nifty 50 index is now trading at ~20.3x FY24 and ~17.6x FY25 consensus EPS.

Stock market today: As investors are eagerly awaiting for the announcement of Tata Technologies IPO allotment status, Tata Motors shares witnessed buying interest among Dalal Street bulls during morning deals. This helped Tata Motors shares to extend its rally and touch new all-time high of ₹702.80 per share on NSE. While climbing to this new peak, Tata Motors share price today managed to deliver more than 75 per cent return to its positional investors in YTD.

BSE market cap climbing to the $4 trillion mark. The surge comes after Fed Governor Christopher Waller flagged a possible rate cut in the months ahead. Also, FPI turning back buyers of Indian equities, recent upgrades by multiple global brokerages, decent earnings for the second quarter, and a fall in crude oil aided the gains.

Hinduja Group came under an Income Tax survey on November 29, news agency PTI reported. The survey operation was carried out in the said entities located in Mumbai and some other cities, the report said citing official sources. The income tax survey operation is reportedly part of a tax evasion investigation. Under the income tax law for survey operations, only office premises were covered, reports said. An email sent by PTI to the Hinduja Group did not elicit an immediate response. According to sources cited by PTI, the income tax department action is also connected to provisions of the General Anti-Avoidance Rules (GAAR). Hinduja Group owns IndusInd Bank, Hinduja Leyland Finance and Hinduja Bank (Switzerland). The group is currently diversifying and is readying plans to make forays into new tech, digital and fintech. According to the group, this is part of its new phase of growth.

The KyberSwap hacker has indicated plans to propose a deal, with a statement expected on November 30.

Ripple (XRP) continues its upward trajectory, setting its sights on $1 next. Meanwhile, innovative projects continue to emerge from the crypto landscape, with the latest being Meme Moguls (MGLS). Continue reading to learn more about Ripple price prediction and this novel concept.

Bitfinex’s recently-launched tokenized bond have fallen short of expectations, raising only $1.5 million of its initial target of $10 million.

₹1,000 mark for the first time. After multiple attempts in the past, today's trading session witnessed the stock successfully crossing this significant threshold, reaching an all-time high of ₹1,007 apiece, gaining 2.24% The stock has exhibited consistent growth in recent years, showcasing its robust performance. Notably, in CY19, it delivered an impressive return of 59%.

Aster DM Healthcare rallied nearly 15% to Rs 382 in Wednesday's trade on BSE after the firm announced that it would sell its stake in its Gulf business to Alpha GCC Holdings for $1.01 billion as it looks to separate its businesses in India and the Middle East. The sale is anticipated to be completed in quarter 4 of the financial year ending 2024. “The board of directors of Affinity approved the sale of shares held by Affinity in Aster DM Healthcare FZC to Alpha GCC Holdings Limited and the execution of definitive agreements in connection with the Transaction,” said Aster in a filing. The buyer, owned by Aster India's promoters and funds managed by Fajr Capital Advisors Limited, will have a shareholding ratio of 35:65, respectively.

Jeewan praman patra in order to continue receiving pensions. With the advent of technology, the process of submitting a life certificate has become hassle-free.

RBL Bank Ltd, AIA Engineering Ltd Aarti Industries Ltd, Jubilant Foodworks Ltd, Kalyan Jewelers India Ltd, Polycab India Ltd, V-Guard Industries Ltd, PNC Infratech India Ltd, Home First Finance Company India Ltd. RBL Bank Ltd remains amongst the pick of Centrum in the Banking and Financial Services space.

Former Federal Reserve Bank of St. Louis James Bullard provides insight on the state of the economy on 'The Claman Countdown.'

HANOI (Reuters) — Vietnam's parliament on Wednesday decided to further extend a reduction in value-added tax (VAT) on goods and services until the end of June 2024.

By Lucy Craymer