Target Financial News
21.01 / 00:11
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CCI's WhatsApp order revives question on regulatory turf
Subscribe to enjoy similar stories. A Competition Commission of India (CCI) order against Meta Platforms Inc. in November over its messaging application WhatsApp’s 2021 privacy policy update has revived questions of overlapping jurisdictions between sectoral regulators and CCI, two persons informed about the development said.
21.01 / 00:11
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Stocks to buy: Raja Venkatraman recommends three stocks for today—21 January
Subscribe to enjoy similar stories. Global markets displayed optimism on 20 January as Asian and European indices rallied ahead of Donald Trump’s inauguration as US president, lending support to Indian markets. Banking and telecom stocks drove the recovery, but investor sentiment remained cautious and volatile.
20.01 / 22:11
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Donald Trump Effect: This is how US President’s influence is impacting global politics
Donald Trump has been sworn in as the 47th President of the United States. His second term’s anticipated policies are already impacting global diplomacy and economic dynamics.
20.01 / 19:59
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Companies need to move quickly on new tech to stay secure: Zscaler CEO
IT operations and business systems, said Jay Chaudhry, founder, chairman and CEO of cloud security firm Zscaler.
20.01 / 14:57
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Zomato's Q3 net profit plummets as Blinkit piles up losses to take on rivals Zepto, Swiggy
Zomato reported a steep 57% year-on-year (YoY) fall in net profit for the October-December period at Rs 59 crore, as its quick commerce unit Blinkit stepped up on spending and expansion to stave off competition from rivals such as Swiggy and Zepto.
20.01 / 13:51
20.01 / 13:19
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EKI to cut 42 pc greenhouse gas emissions by 2030
EKI Energy Services (EKI) on Monday announced its commitment to reduce 42 per cent greenhouse gas emissions by 2030. The company has also joined hands with the UK-based Science Based Targets initiative (SBTi) to meet its targets.
20.01 / 03:31
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Tech Mahindra shares in focus after Q3 PAT jumps 93% YoY. Should you buy, sell, or hold?
Tech Mahindra will remain in focus on Monday, January 20, after the company reported a 93% growth in consolidated net profit for the quarter ended December 31, 2024. The bottom line stood at Rs 983 crore (attributable to shareholders of the company), compared to Rs 510 crore reported in the same period last year.
20.01 / 03:31
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Kotak Bank shares in focus after Q3 PAT rises 10% YoY. What should investors do?
Kotak Mahindra Bank will remain in focus on Monday, January 20, after India’s third largest private bank by market capitalization reported a 10% jump in its December quarter net profit at Rs 3,305 crore versus Rs 3,005 crore reported in the year-ago period. Meanwhile, the lender's interest earned in Q3FY25 stood at Rs 13,427.58 crore, up 14% from Rs 11,799 crore in the corresponding quarter of the previous financial year.
20.01 / 03:31
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Neutral on Anand Rathi Wealth, target price Rs 4,200: Motilal Oswal Financial Services
neutral call on Anand Rathi Wealth with a target price of Rs 4,200. The current market price of Anand Rathi Wealth is Rs 3952.05. Anand Rathi Wealth, incorporated in 1995, is a Large Cap company with a market cap of Rs 16549.13 crore, operating in the NBFC sector. Anand Rathi Wealth. key products/revenue segments include Income From Sale Of Share & Securities for the year ending 31-Mar-2024.
20.01 / 02:57
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Wipro shares in focus after Q3 PAT jumps 24% YoY. Should you buy, sell or hold?
Wipro shares will remain in focus after the IT services company reported 24% growth in its consolidated net profit for the quarter ended December 31, 2024, to Rs 3,354 crore, while revenue from operations rose by a marginal 0.5% to Rs 22,319 crore. On a sequential basis, profit after tax (PAT) was up nearly 5% and the revenue increased just 0.1%.
20.01 / 02:33
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Eight stocks to buy and sell today — 20 January
Subscribe to enjoy similar stories. Escorts: Buy at ₹3,600; target: ₹3,675-3,705; stop loss: ₹3,535. The stock has maintained strong momentum over the past five days and managed to close near the key level of ₹3,590.
20.01 / 01:49
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Thematic funds leading a speculative bubble: Why SEBI needs to check the rise of this unsustainable frenzy
Sebi intervened to keep smaller investors from speculating recklessly. However, another binge, playing out concurrently, seems to be flying below the regulator’s radar.
20.01 / 00:51
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Stocks to buy: Raja Venkatraman recommends three stocks for today — 20 January
Subscribe to enjoy similar stories. The week started with some apprehension but the strong resurgence by the bulls surprised the bearish camp. The sharp upward traction for the entire last week signalled a bullish intent.
20.01 / 00:51
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Stocks to buy: Ankush Bajaj recommends three stocks for today—20 January
Subscribe to enjoy similar stories. Friday's market session began with a gap-down opening at 23,277 (-68.50 points). The index subsequently declined 180 points from the opening level to 23,100, but rebounded to close at 23,203.10.
20.01 / 00:31
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Nifty likely to trade in 22,800-23,800 range: Analysts
SBI Life, HDFC Life, SRF, Navin Fluorine, Biocon, Marico, Bharti Airtel, HAL, Deepak Fertilizers, Tata Motors, TCS, and Bajaj FinServ present favorable risk-reward setups on the charts, said analysts. ROHAN SHAH TECHNICAL ANALYST, ASIT C MEHTA INVESTMENT
19.01 / 20:25
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Bengaluru company launches low-cost treatment for blood cancer
Immuneel Therapeutics, the Bengaluru-based cell and gene therapy company, has launched India's second CAR-T cell therapy Qartemi to treat patients with B-cell Non-Hodgkin Lymphoma (B-NHL) — an aggressive form of blood cancer — at less than one-tenth of the price of similar therapies available in Western countries.
19.01 / 12:39
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Hindenburg's Nate Anderson under cloud for sharing report with hedge fund
Nate Anderson, 'activist' short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario. In a cache of documents filed at the Ontario Superior Court of Justice in a complex defamation lawsuit, the head of Canada's Anson hedge fund, Moez Kassam said his firm has shared research «with a wide variety of sources» including Hindenburg's Nate Anderson.
19.01 / 06:03
18.01 / 17:57
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Russian assault prompts NATO’s first-ever deployment of Norway’s F-35 fighter jets
NATO deployed Norwegian F-35 fighter jets stationed in Poland on January 15 in response to a massive Russian missile and drone attack on Ukraine. This marked the first time Norwegian jets were scrambled to defend Polish airspace, showcasing the alliance’s commitment to protecting its eastern members amidst escalating regional threats. The attack targeted Ukraine’s critical infrastructure, prompting swift action from NATO and Poland to fortify their defences.
18.01 / 14:57
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NASA's Mars Mission at a crossroads: Will Donald Trump’s administration fund the historic rock return from the Red Planet?
NASA’s ambitious mission to return Martian rocks to Earth has long been a tantalizing goal, one that could transform our understanding of the Red Planet—and perhaps even reveal whether life ever thrived there. However, the road to bringing these precious samples home now faces a crucial decision as President-elect Donald Trump’s administration steps in, with the final say on the Mars Sample Return mission looming large.
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