JPMorgan index inclusion pushes Indian bond yields to 2-month lows

JPMorgan index inclusion pushes Indian bond yields to 2-month lows

Indian government bond yields fell in the early session on Friday, with the benchmark 10-year and the 14-year bond yields slipping to the lowest level in two months, after JPMorgan said it will include India in its emerging market debt index. The 10-year benchmark 7.18% 2033 bond yield was at 7.1100% as of 10:00 a.m. … Read more

JPMorgan to buy embattled First Republic Bank after seizure by regulators

JPMorgan to buy embattled First Republic Bank after seizure by regulators

JPMorgan Chase & Co will buy First Republic Bank after its was taken over by regulators, making the troubled regional lender the third major U.S. institution to fail since March this year. JPMorgan will “assume all deposits, including all uninsured deposits, and substantially all assets” of First Republic, the California Department of Financial Protection and … Read more

JP Morgan flags more earnings downgrades, de-rating for IT

JP Morgan flags more earnings downgrades, de-rating for IT

Mumbai: US brokerage firm JP Morgan maintained its underweight stance on the Indian IT sector and said the technology services companies remain at continuous risk of earnings de-rating and downgrades. Revenue growth trends have normalised to single digits as witnessed prior to the outbreak of the Covid-19 pandemic, it said. “TCS and Infosys‘ very disappointing … Read more

Book Review — CEO Excellence: The Six Mindsets that Distinguish the Best Leaders from the Rest by Carolyn Dewar, Scott Keller & Vikram Malhotra

Book Review — CEO Excellence: The Six Mindsets that Distinguish the Best Leaders from the Rest by Carolyn Dewar, Scott Keller & Vikram Malhotra

It is agreed that CEOs are the pivot of any organisation and often their names are associated with the success of the company. This is understandable as they take the responsibility of delivering shareholder value and also tend to be the highest paid personnel. Interestingly, it has been found that among Fortune 500s CEOs, around … Read more

What global brokerages say on Dalmia Bharat, HDFC merger & financials

What global brokerages say on Dalmia Bharat, HDFC merger & financials

New Delhi: Global brokerages have turned positive on select Indian sectors as the companies have begun to provide updates for the June 2022 quarter performance. That said, some have a word of caution on infra plays. JP Morgan has maintained its ‘overweight’ stance on cement company Dalmia Bharat with a target price of Rs 1,680 … Read more

JP Morgan | Oksana Aronov: JPMorgan’s Aronov ignores the ‘cash is trash’ chorus

JP Morgan | Oksana Aronov: JPMorgan’s Aronov ignores the ‘cash is trash’ chorus

It’s a common motto among investors: Cash is trash. But Oksana Aronov, head of market strategy, alternative fixed income at JPMorgan Asset Management, says not so fast. “I’ve been hearing about investors losing money sitting in cash, and that cash is trash for as long as I’ve been in this industry,” she said on this … Read more

Apple to Sell Fewer iPhone Handsets as Chip Crisis Bites: JP Morgan

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JP Morgan on Tuesday became the second brokerage in two weeks to cut its forecast for Apple’s iPhone sales for the crucial holiday quarter as the global chip shortage and factory closures in Asia finally catch up to the technology giant. The brokerage trimmed its iPhone revenue estimate to $63 billion (roughly Rs. 4,73,010 crores) for the … Read more

World Autism Day: Engaging across the spectrum

world Autism day

Studies state that at least one child in a hundred, in India, has a neurodevelopmental condition – ADHD, Asperger’s, Dyslexia, Cerebral Palsy or Autism. (Designed by Nidhi Mishra) By Dr. Saundarya Rajesh  Suguna (name changed) was a favorite in my maternal home, several decades ago. She was the daughter of Muthu, the gardener and we … Read more

Blackstone mulls Mphasis exit as stock up 3x in 4 years

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The world’s largest PE fund Blackstone is weighing its exit from Mphasis, the technology company it acquired from Hewlett Packard Enterprise in 2016, thereby paving the way for its biggest payday in India, according to multiple people aware. Blackstone has initiated discussions with at least three global investment banks JP Morgan, Morgan Stanley and Citi … Read more