There are moments in financial history when the world is so distracted by the headlines that it completely misses the real story unfolding underneath. I have watched this happen over and over across multiple bull and bear cycles, from the dot-com mania to the housing euphoria to the crypto rush. Today, the spotlight has shifted … Read more
In a recent interview with ET Now, Rajat Sharma, Founder & CEO, Sana Securities shared his outlook on sectors that could drive the next market rally, the emerging strength in consumption, and why he’s cautious about autos and mutual fund companies despite the broader optimism. When asked which sectors could outperform over the next 12 … Read more
Dinshaw Irani, CEO, Helios Mutual Fund, discusses portfolio adjustments. Focus shifts to EV two-wheeler companies, with a new addition coming soon. He remains cautious on passenger vehicles and negative on IT due to US uncertainty and AI impact. FMCG is avoided due to growth concerns. The hospitality sector is favoured, anticipating increased domestic tourism driven … Read more
The Indian equity market has witnessed a significant decrease in the number of companies with a valuation of $1 billion or more, with nearly one-fifth of the count diminishing over the past five months. At the peak on September 26 last year, 618 companies were part of the billion-dollar club. However, this number has now … Read more
Punjab National Bank (PNB) updated interest rates on its retail loan portfolio effective February 10, 2025, in response to evolving market dynamics for enhanced competitiveness. This development was outlined in a press release issued by the bank on February 20, 2025. The revised rates encompass a range of loan products including home loans, auto loans, … Read more
About 400 potential spots for setting up the stations have been identified, like IT parks, metro stations, fuel stations, shopping malls, and Regional Transport Office zones, etc. | Photo Credit: file photo A study conducted by the Centre for Study of Science, Technology, and Policy (CSTEP), a Bengaluru-based think tank, shows that in order to … Read more
The shares of Hyundai India will debut at the bourses later today, marking the end of a successful IPO, which is India’s biggest ever till date. The current GMP suggests that the shares may list with moderate gains of 3-5% over the issue price. The IPO was booked 2.3 times, with full subscription achieved only … Read more
Stellantis, an automotive colossus that owns more than a dozen brands including Chrysler, Fiat, Jeep, Peugeot and Ram, is facing challenges at seemingly every turn. The company’s sales and profit have been plummeting. Dealers stuck with parking lots filled with unsold cars are publicly criticizing Stellantis and its CEO in unusually harsh terms. Stellantis’ stock … Read more
Many parts of India have been experiencing extreme rainfall, which has led to waterlogged roads and flood damage to vehicles. Having the right insurance plan with appropriate coverage can help cover expenses caused by damage to your vehicle. “It’s important to have comprehensive insurance because third-party cover alone doesn’t offer protection. However, while a comprehensive … Read more
Tata Motors Ltd. and Mahindra & Mahindra Ltd. are closing in on Hyundai Motor Co.’s No. 2 position in India, putting pressure on the South Korean automaker just as it prepares for a record $3.5 billion listing of its local unit. While Hyundai has long wrestled with Tata Motors for the second spot, Mahindra — … Read more