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The automaker recently outlined plans to invest 330 billion to 350 billion rupees ($3.46 billion-$3.67 billion) in its passenger and electric vehicle businesses between FY26 and FY30.
Jefferies favours Indian Hotels, Tata Consumer, Tata Steel and Voltas, while remaining cautious on TCS, Tata Motors Passenger Vehicles and Tata Power
Your mutual fund value on a broker or wealth-management report may differ from the value shown in your CAS even when the number of units is the same. One possible reason is that the platforms may use NAV data from different dates to calculate the investment value.
Mercury EV-Tech reported a 47.9% YoY revenue increase to ₹33.38 crore for Q1FY27. EBITDA rose 38.1% YoY to ₹2.62 crore, but net profit decreased by 4.2% to ₹1.56 crore, affected by rising expenses. The stock declined 74% from its 2024 high.
West Bengal 7th Pay Commission has decided to set-up the website. It will provide details of the Commission’s activities, official notifications and opportunities for stakeholders to submit their views and relevant data. It will also allow employees & other stakeholders to submit memoranda to panel.
A Sebi study of 242 IPOs shows anchor investors sell gradually after lock-ins lift, with FPIs exiting nearly twice as fast as mutual funds by year-end. Smaller IPOs and heavy first-unlock selling were linked to sharper price declines.
The Delhi government is likely to bring an ordinance to facilitate the establishment of private universities in the national capital, an official said, days after the Delhi Cabinet approved a draft Bill for the purpose. The proposed legislation, aimed at creating a legal framework for setting up private universities in Delhi, was expected to be…
Tapestry has reported quarterly profits that surpass expectations despite a forecast of sluggish annual revenue growth. Kate Spade’s sales fell by seven percent, in stark contrast to Coach, which saw a robust fourteen percent increase. Meanwhile, growth in North American revenue slowed to seven percent as consumer spending remained cautious. However, international sales in China…
Microsoft continues its presence in China by harnessing artificial intelligence and cloud infrastructure services. By concentrating on private Chinese enterprises with international activities, these firms employ Microsoft’s Azure cloud for global data storage needs. Additionally, Microsoft retains engineering personnel while navigating export restrictions, solidifying its largest business operations connected to China.
Investor Bill Ackman has disclosed significant portfolio changes, adding Netflix and other companies. His funds acquired stakes in Alcon, Intercontinental Exchange, and S&P Global. Ackman also added Microsoft to his portfolio earlier this year.