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Goldman Sachs initiates coverage on Power Grid and Hitachi Energy with a 'buy' rating; here's why

Goldman Sachs emphasizes India's power transmission role in energy transition, estimating over US$500 billion capital expenditure by FY50E. It identifies Power Grid Corp. as a major beneficiary with a 'Buy' rating and ₹355 TP. Hitachi Energy India also receives 'buy' rating with ₹8,250 TP.

3 min read05:11 PM IST
Markets

Angel One needs to look beyond broking business

Angel One's peers are either trying to make money through client funding facility or using the client base to earn from cross-selling opportunities such as wealth management products

2 min read04:54 PM IST
Markets

Pakistan's equity benchmark outpaces Sensex. What gives?

Experts attribute this to the most potent market driver: the hope for a brighter future.

3 min read04:50 PM IST
Markets

F&O trading on Nifty Next 50 index to start from next week: NSE

SEBI gave its nod for trading in the futures and options (F&O) contracts on the Nifty Next 50 index which will start from Wednesday, April 24.

2 min read04:52 PM IST
Elections

Lok Sabha Elections 2024: As the battle for 543 vacancies in Parliament heats up, this is what elected MPs stand to earn

As the Lok Sabha Elections 2024 kick off, we deconstruct how much a member of parliament earns as salary. Each MP is given a salary of ₹one lakh per month and a constituency allowance of ₹70,000, office expense allowance of ₹60,000 per month

3 min read04:28 PM IST
Web Stories

7 essential tips for successful debt fund investing

Navigating debt fund investing requires consideration of factors such as investment horizon, risk tolerance, and market dynamics to optimize gains for investors.

1 min read04:21 PM IST
Markets

Varyaa Creations IPO: Price band, issue size, key dates, other details

Varyaa Creations IPO priced at ₹150 per share opens on April 22 and closes on April 25. Lot size is 1,000 shares. Company trades in precious stones, plans to focus on jewellery production. Promoters have over 20 years of experience in the sector.

2 min read04:10 PM IST
Markets

Stock market today: Sensex, Nifty fall for 4th consecutive session; investors lose nearly ₹9 lakh crore in 4 days

Stock market today: Sensex closed with a loss of 455 points, or 0.62 per cent, at 72,488.99 while the Nifty 50 ended the day at 21,995.85, down 152 points, or 0.69 per cent.

3 min read04:13 PM IST
Companies

Tata Motors to invest $1 billion in new plant for Jaguar Land Rover luxury cars in Tamil Nadu: Report

Tata Motors to invest $1 billion in new Tamil Nadu plant focusing on luxury cars under Jaguar Land Rover marque.

1 min read03:25 PM IST
News

KL Rahul's birthday: Suniel Shetty takes 'U-turn’, calls Lucknow captain ‘son’ while sharing personal photo

KL Rahul's birthday: On April 18, 2024, KL Rahul turned 32. On this day, his father-in-law Suniel Shetty shared a personal image while calling the Lucknow captain ‘son’.

1 min read03:10 PM IST
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

infosys

Shares of Infosys were up by 0.43% at closing.

11 Articles
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