Target Financial News
23.01 / 12:13
markets
Citi
Target
security
trends
AIG
stage
Etonhurst Capital to raise ₹500 crore real estate fund for Mumbai redevelopment projects
Subscribe to enjoy similar stories. BENGALURU : Etonhurst Capital Partners, an investment firm, is set to raise its first real estate fund, targeting residential redevelopment projects in Mumbai, according to a senior executive. The fund, Etonhurst Redevelopment Fund 1, is registered as a Category-II alternative investment fund (AIF) with the Securities and Exchange Board of India and aims to raise a ₹500 crore corpus, with an additional ₹250 crore green-shoe option.
23.01 / 11:15
markets
Target
Google
Strategy
President
PAM
Is Usha Vance Hindu? Second Lady 'religion' Google searches peak amid MAGA's massive racist attack
Second Lady Usha Vance has been in the spotlight after US President Donald Trump's inauguration. The inauguration of Vice President JD Vance on January 20, 2025, brought widespread attention to his wife, Usha Vance, the first Indian-American Second Lady of the United States.
23.01 / 10:57
markets
UPS
Target
Digital
Strategy
beautiful
reports
Why is small so big for Indian consumer companies?
FMCG) company, Hindustan Unilever Limited (HUL) is buying a 90.5% stake in beauty brand Minimalist for Rs 2,955 crore through secondary buyouts and primary infusion. The remaining 9.5% will be acquired from the founders — Mohit and Rahul Yadav — within two years. Started in 2018, multi-channel retailer Minimalist offers a range of skin, body and hair products.
23.01 / 09:25
markets
UPS
Target
Analysis
Trade
Experts
reports
IREDA board approves fundraising of up to Rs 5,000 crore via QIP
Indian Renewable Energy Development Agency (IREDA) on Thursday said that its board of directors, in its meeting on January 23, has approved fundraising of up to Rs 5,000 crore in a fresh equity share issue through a Qualified Institutional Placement (QIP). The company disclosed this development in an exchange filing. IREDA shares were trading 1.5% lower at Rs 197.20 on the BSE following the announcement. The stock has seen significant fluctuations, declining nearly 27% over the past six months but gaining over 32% in the last 12 months.
23.01 / 09:25
markets
Citi
Target
Digital
Strategy
Experts
PAM
Nuvama-Cushman & Wakefield JV raises Rs 1,700 crore for investment in office assets
real estate fund for making investments in office assets across major cities in India. The NCW is a Joint Venture (JV) between wealth management firm Nuvama Asset Management and global real estate consultant Cushman & Wakefield.
23.01 / 06:05
markets
Target
Manufacturing
Sustainability
Food
NDA 3.0 must use political capital to implement structural reforms in upcoming Budget: D Subbarao
NDA 3.0 government must use its enormous political capital to implement 'politically difficult' structural reforms in the upcoming budget to promote growth and job creation, former RBI Governor D Subbarao said on Thursday. The Union Budget for 2025-26, to be presented by Finance Minister Nirmala Sitharaman on February 1, comes amid global economic uncertainties and moderating domestic growth.
23.01 / 05:27
markets
Target
Analysis
Healthcare
Trade
Experts
hospital
Healthcare stocks rally over 2% as CLSA upgrades Dr Lal Pathlabs and Aurobindo; DRL drops on downgrade
Healthcare stocks rallied on Thursday as Dr Lal Pathlabs and Aurobindo Pharma surged over 2% after CLSA upgraded their ratings to “outperform.” In contrast, Dr Reddy's Laboratories dropped 1% following a downgrade to «underperform.» The Nifty Healthcare Index advanced 0.6%, reflecting overall bullish sentiment in the sector.
23.01 / 03:35
Citi
Target
Analysis
trends
Trade
Experts
performer
HUL shares in focus after Q3 earnings. Here's what analysts recommend
Hindustan Unilever Ltd. (HUL) shares are set to remain in the spotlight on Thursday, January 23, following the company's Q3 results. HUL reported a 19% year-on-year (YoY) rise in net profit to Rs 3,001 crore, surpassing Street estimates. This growth was primarily driven by a one-time gain of Rs 509 crore from the divestment of its Pureit business, while profit before exceptional items (PAT bei) remained flat. Sales grew by 2% YoY to Rs 15,195 crore during the quarter. However, underlying volume growth (UVG) remained flat, with competitive absolute volume growth offset by a negative product mix.
23.01 / 03:35
markets
UPS
Target
Analysis
Trade
Experts
reports
Buy Zomato, target price Rs 270: Motilal Oswal Financial Services
buy call on Zomato with a target price of Rs 270. The current market price of Zomato is Rs 207.95. Zomato., incorporated in 2010, is a Small Cap company with a market cap of Rs 200872.05 crore, operating in Services sector. Zomato's key products/revenue segments include Service Revenue, Royalty Income, Traded Goods for the year ending 31-Mar-2024.
23.01 / 00:25
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Target
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Headlines
Stocks to buy: Raja Venkatraman recommends three stocks for today — 23 January
Subscribe to enjoy similar stories. The Nifty and the Sensex experienced a rise, driven by HDFC Bank's solid third-quarter results, which uplifted market sentiment. However, the overall optimism was curbed by declines in energy, metal, and state-run bank stocks.
23.01 / 00:25
UPS
Citi
Target
Platform
Food
reports
Quick commerce firms brace for higher churn of dark store workers amid rising competition
Subscribe to enjoy similar stories. Dark stores are scrambling for workers to pick, pack and load a range of goods, as a quick commerce funding boom sparks breakneck expansion across hundreds of India's towns and cities. Open positions for so-called under-the-roof workers have shot up, industry specialists said, as companies aggressively expand their networks to realize growth ambitions.
22.01 / 18:23
UPS
Target
FIVE
country
consequences
Courts
Dutch court orders government to meet pollution reduction targets or face millions in fines
A Dutch court has ordered the country’s government to meet its own goals to reduce overall nitrogen emissions by 2030
22.01 / 17:17
markets
Target
Digital
Ball
Strategy
Experts
PAM
Ind vs Eng 1st T20I: Abhishek Sharma, Varun Chakravarthy shine as India crush England by seven wickets
Team India registered a dominating seven wicket victory over England in the first T20I at Eden Gardens, Kolkata on Wednesday. Team India chased down the target of 133 runs in just 12.5 overs.
22.01 / 17:17
markets
Target
Strategy
Trade
PAM
rights
India sets target to register 10,000 GI products by 2030: Piyush Goyal
Piyush Goyal on Wednesday set a target to register 10,000 GI (geographical indication) products by 2030 from the current 605. A GI is primarily an agricultural, natural or a manufactured product (handicrafts and industrial goods) originating from a definite geographical territory.
22.01 / 10:55
Provident
Target
FIVE
Analysis
economy
trends
show
budget 2025
Budget 2025: Do income tax cuts make sense and will it revive consumption?
Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman’s eighth union budget, set to be presented on 1 February, provides a critical opportunity to boost Indian economy's slowing consumption momentum through income tax cuts. There is a compelling case for this move: tax relief announced in the budget in July last year offered minimal benefits to low-income groups and, when adjusted for inflation, worsened the situation for high-income groups, a Mint analysis showed.
22.01 / 09:41
markets
Citi
Target
Booking
Sustainability
Trade
reports
Oberoi Realty: Softer offtake leaves investors with little room for optimism
Subscribe to enjoy similar stories. Shares of Oberoi Realty Ltd are on a shaky ground, plummeting 13% in the past two trading sessions. The fact that sales momentum did not sustain in its marquee project Three Sixty West located at Worli in Mumbai and other projects has weighed heavily on sentiment.
22.01 / 09:15
markets
Target
Waters
Strategy
Election
PAM
Delhi Assembly Elections: People openly expressing anger with 'AAP-da', says PM Modi
Narendra Modi on Wednesday urged Delhi BJP members to target winning over 50 per cent booths in the assembly polls, and said people are opening expressing anger with the AAP government and reminding it of its promises.
22.01 / 03:53
markets
UPS
Target
security
Analysis
Trade
reports
Buy Genus Power Infrastructures, target price Rs 408: Axis Securities
Axis Securities has a buy call on Genus Power Infrastructures with a target price of Rs 408. The current market price of Genus Power Infrastructures is Rs 371.65. Genus Power Infrastructures, incorporated in 1992, is a Small Cap company with a market cap of Rs 11350.55 crore, operating in Electric/Electronics sector. Genus Power Infrastructures' key products/revenue segments include Electronic Energy Meters, Other Services, Other Operating Revenue, Export Incentives, Income From Contracts and Scrap for the year ending 31-Mar-2024.
22.01 / 03:47
UPS
Target
Digital
SEC
President
Bitcoin
social
Trump's embrace of meme coin sours mood in crypto industry
President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines an effort to legitimize digital assets
22.01 / 00:19
markets
Target
Booking
wellness
trends
show
recommendations
Stocks to buy: Raja Venkatraman recommends three stocks for today — 22 January
Subscribe to enjoy similar stories. It has been a week of unprecedented events that led to some sharp drawdown on the broader indices. As the trends began to slip, there was widespread chaos due to the complete lack of clarity.
22.01 / 00:19
UPS
Citi
IPO
Provident
Target
Platform
Citigroup
Amagi hires Kotak, Citi, IIFL, Goldman to raise up to ₹3,200 cr in IPO
Subscribe to enjoy similar stories. Media technology unicorn Amagi Media Labs has hired Kotak Mahindra Capital, Citigroup, IIFL Capital and Goldman Sachs as investment banks to raise up to ₹3,200 crore in an initial public offering (IPO), two people aware of the matter said. The company, which counts NBC Universal, CBS, USA Today and Japan’s Rakuten Group among its clients, is likely to file draft IPO papers after April, the people said on the condition of anonymity.
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