Target Financial News
05.12 / 03:25
05.12 / 02:25
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Big movers on D-Street: What should investors do with Star Cement, Suzlon and JSW Infrastructure?
Extending the winning run to the third straight day, benchmark Sensex jumped 597 points on Tuesday on buying in blue-chip stocks and firm trends in global markets.
05.12 / 00:07
UPS
Citi
Target
CEO
Parke
UnitedHealth
Key things to know about the fatal attack on the UnitedHealthcare CEO in NYC
The chief executive of UnitedHealthcare, one of the nation’s largest insurers, was killed in midtown Manhattan in what police described as a targeted attack by a shooter outside a hotel where the company was holding a conference
04.12 / 20:17
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Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
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04.12 / 19:25
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RBI on tricky terrain of high inflation and slowing growth
inflation, and huge expectations to deliver. Will Shaktikanta Das, the longest serving RBI governor, continue to wage the arduous battle? While Das may well get an extension (perhaps for a year), no one would have asked the question even a few months ago.
04.12 / 18:49
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shooting
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UnitedHealthcare CEO shot dead outside New York hotel: What do we know about suspect gunman killer of Brian Thompson?
The shooting occurred around 6:45 a.m. (ET) outside the Hilton on Sixth Avenue, where the company's annual investor conference was about to take place. Thompson was rushed to a nearby hospital, where he was pronounced dead. Police said the gunman remains at large. «This does not appear to be a random act of violence,» New York City Police Commissioner Jessica Tisch said at a press conference. «Every indication is that this was a premeditated, pre-planned, targeted attack.»
04.12 / 17:07
04.12 / 16:35
Citi
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shooting
hospital
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Investigations
UnitedHealthcare's CEO is shot and killed outside a New York City hotel, AP source says
UnitedHealthcare CEO Brian Thompson has been fatally shot outside a hotel in midtown Manhattan
04.12 / 16:03
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Salesforce shares scale record high on promising AI tools
Salesforce shares climbed about 11% to a record high on Wednesday after the customer relationship management software maker topped quarterly sales estimates and provided an upbeat forecast for its newly launched AI-integrated products. The company is banking on Agentforce to reenergize its growth as tech firms tap into rising demand for AI agents that can autonomously complete tasks. «We came away more confident about CRM's initial success driving its Agentforce AI agent builder platform across the enterprise space,» said Angelo Zino, senior equity analyst at CFRA Research, adding that it would drive upside by the second half of next year and in 2026.
04.12 / 14:27
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Allen Career Institute lays off staff amid declining student enrolments
Subscribe to enjoy similar stories. Kota-based Allen Career Institute, a prominent coaching centre that prepares students for medical and engineering entrance tests, has started retrenching faculty members and administrative staff as enrolments decline, people aware of the development said. The institute, which runs classroom coaching in more than 60 cities in India, has laid off more than 200 employees, and more are expected to be shown the door.
04.12 / 14:11
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reports
Chinese hackers stole mobile data of over 1 Million Americans, including Homeland Security Adviser; targeted Trump too
US officials told the ABC that Chinese hackers have exploited weaknesses in the communications networks of the nation's top telecommunications companies. The FBI and Homeland Security acknowledged the breach, stating China stole a “large amount of data.”
04.12 / 14:11
markets
Target
security
Strategy
Healthcare
reports
Videos
AI-driven, deepfake-enabled cyberattacks to rise in 2025; healthcare, finance sectors at risk: report
cyberattacks are anticipated to become increasingly prevalent in 2025 with sectors like healthcare and finance most prone targets, according to a recent report. The India Cyber Threat Report 2025 by the Data Security Council of India (DSCI) and Seqrite, spotlighted the evolving tactics of cybercriminals and the rise of AI-driven attacks as a major concern. «Artificial Intelligence (AI) will be used to develop highly sophisticated phishing campaigns utilising deepfake technology and personalized attack vectors, making them harder to detect. AI-driven malware will adapt in real-time to evade traditional security measures, while data poisoning attacks will compromise the integrity of critical AI systems in sectors such as healthcare and autonomous transportation,» the report noted. Deepfake technology will create compelling malicious content, including fake video or audio messages from trusted sources. This will facilitate more effective social engineering attacks, making it easier for cybercriminals to deceive users into executing malware or revealing sensitive information, it added.
04.12 / 13:59
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Investigations
FBI tells telecom firms to boost security following wide-ranging Chinese hacking campaign
U.S. officials are urging telecommunication companies to boost network security following a Chinese hacking operation that gave officials in Beijing access to the private texts and phone conversations of Americans
04.12 / 09:49
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Century real estate targets Rs 2,000 crore sales in FY25, reports record growth
Century Real Estate has reported a stellar 2X year-on-year (YoY) growth in sales, achieving ₹1,040 crore in the first half of FY 2024-25. With a strong pipeline of new launches in prime locations, the company is eyeing ₹2,000 crore in sales for the fiscal year. Mahesh Prabhu, CEO of Century Real Estate, said, “Our growth is a testament to our unwavering focus on embellishing Bengaluru’s skyline with world-class developments. At Century, we believe our people are our greatest asset. Their innovation and expertise are driving our vision forward as we bring our prime land banks into new developments. These upcoming launches will offer unmatched locations, world-class homes, and top-tier amenities." Century Real Estate posted its highest-ever quarterly sales of ₹507 crore in Q2 FY25. Key pre-launch projects, Codename Built Rare and Codename Unbelievable, collectively generated over ₹700 crore in sales during H1 FY25, even before their official launches. Codename Built Rare alone contributed ₹450 crore, reflecting strong demand for luxury residences in premium areas like Indiranagar.
04.12 / 09:11
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country
About Rs 15 lakh cr required for adding power generation capacity in 2022-27
The projections were made during a Meeting of the Parliamentary Consultative Committee of Members of Parliament for Ministry of Power here last evening. Union Power Minister Manohar Lal chaired the meeting. As per 20th Electric Power Survey (EPS) report published by the Central Electricity Authority (CEA), the peak demand and energy requirement is pegged at around 366 GW and 2474 BU by 2031-32, it stated.
04.12 / 06:33
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Oberoi Realty shares hit record high after Nomura initiates coverage with Rs 2,500 target price
Oberoi Realty soared to a record high, climbing over 5% on Wednesday to Rs 2162.45 on the BSE after domestic brokerage Nomura initiated coverage on the company with a ‘buy’ rating and a target price of Rs 2,500, signalling a potential upside of over 15% from the current level. Nomura Institutional Equities cited robust growth drivers, including strong pre-sales momentum, rising annuity income, and strategic business development initiatives as drivers for its bullish outlook. The brokerage projects a compound annual growth rate (CAGR) of 40% in pre-sales, expecting the figure to reach Rs 11,500 crore over the next two fiscal years.
04.12 / 06:33
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Traffic
Investec initiates Buy rating on JSW Infra, predicts 15% upside on strong growth prospects
Investec has initiated coverage on JSW Infra with a 'Buy' rating and a target price of Rs 370, indicating a 15% upside from its previous closing price of Rs 321. Investec expects JSW Infra to achieve a 20%+ revenue and EBITDA CAGR over FY24-30. The growth is expected to be driven by third-party cargo at new terminals and strong growth in JSW Group traffic from FY27E onwards. The firm also sees significant potential for new concessions, fueled by the Indian government's aggressive port privatization targets, the management's opportunistic approach, and a robust balance sheet.
04.12 / 04:25
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Buy Bajaj Finance, target price Rs 8,500: ICICI Securities
ICICI Securities has a buy call on Bajaj Finance with a target price of Rs 8500. The current market price of Bajaj Finance is Rs 6651.1. Bajaj Finance., incorporated in 1987, is a Large Cap company with a market cap of Rs 411672.79 crore, operating in NBFC sector. Bajaj Finance's key products/revenue segments include Interest, Fees & Commission Income, Other Operating Revenue, Income From Sale Of Share & Securities and Service Charges for the year ending 31-Mar-2024.
04.12 / 04:25
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BoFA 2025 Outlook: Nifty target at 26,500 with cautious growth prospects
The report projects the Nifty to reach 26,500 in CY25, implying a return of less than 9%, with potential underperformance against US equities in USD terms. The Nifty50 closed at 24457 on 3 December 2024.
04.12 / 04:25
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RIL shares down 18% from peak. Is quick commerce the biggest threat for Mukesh Ambani's retail empire?
Reliance Industries (RIL) is ending 2024 on a muted note and is down about 18% from its July peak as investors fear that the quick commerce disruption may impact billionaire Mukesh Ambani's ambitions in retail business. While refining margins, which fell sharply from June, have rebounded on the O2C side of the conglomerate’s business, Reliance Retail (RR) growth continues to disappoint and brokerages are reluctant to give it a premium valuation against other retail peers on lower near-term growth, real estate costs and capex intensity.
04.12 / 04:09
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What’s next in the legal battle over Elon Musk’s $100 billion pay deal
Subscribe to enjoy similar stories. Elon Musk’s record-breaking Tesla compensation package has hit another roadblock, after a Delaware judge on Monday again rejected the pay deal, now worth nearly $100 billion. The ruling presents a dilemma for Tesla’s board of directors, who had warned that Musk’s pay package as CEO is vital to keep the serial entrepreneur’s attention on the carmaker at a time when electric-vehicle sales are under pressure.
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