Stellantis may re-introduce Fiat in India; Jeep, Citroen primary focus

Man walks past a Fiat logo at a showroom in Noida. Photo: Reuters Stellantis, the world’s third largest car manufacturer by volumes, is considering re-introducing Fiat and other key brands in the Indian market, The Economic Times (ET) has reported. Besides Fiat, Stellantis may also introduce brands like Alfa Romeo in India. However, the… Continue reading Stellantis may re-introduce Fiat in India; Jeep, Citroen primary focus

Telecom intra stocks in focus; Birla Cable, Sterlite Tech surge up to 20%

Shares of telecom infrastructure companies were in focus as they rallied up to 20 per cent on the BSE in Monday’s intra-day trade after the Union Cabinet approved an allotment of around Rs 1.3 trillion for the next phase of BharatNet. Birla Cable, Universal Cables and Vindya Telelinks hit their respective 52-week highs and zoomed… Continue reading Telecom intra stocks in focus; Birla Cable, Sterlite Tech surge up to 20%

Mkts to focus on Q1 earnings, insurgent held in Manipur

Markets to focus on Q1 earnings, RBI interest rate this week: Analysts The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the… Continue reading Mkts to focus on Q1 earnings, insurgent held in Manipur

Markets to focus on Q1 earnings, RBI interest rate this week: Analysts

The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the trading activity of foreign investors would also influence trading, they added.… Continue reading Markets to focus on Q1 earnings, RBI interest rate this week: Analysts

Focus on internal matters rather than raising Kashmir issue: India to Pak

Illustration: Ajay Mohanty India has asked Pakistan to concentrate on addressing its internal matters rather than raising the Kashmir issue and indulging in frivolous allegations against New Delhi. To best utilise this council’s time, I suggest the concerned delegation concentrate on addressing their internal matters and restoring order within their own borders, rather… Continue reading Focus on internal matters rather than raising Kashmir issue: India to Pak

India needs to focus on manufacturing to achieve 7-7.5% growth: CEA

India needs to focus on the manufacturing sector to achieve sustained growth of 7-7.5 per cent until 2030, Chief Economic Advisor V Anantha Nageswaran said. In an S&P Global report titled ‘Look Forward: India’s Moment’, Nageswaran said that manufacturing should be a key growth area given the country’s comparative advantage in terms of… Continue reading India needs to focus on manufacturing to achieve 7-7.5% growth: CEA

Mines and Minerals Bill passed in RS, special focus on critical minerals

The Rajya Sabha has passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023. The Bill aims to make amendments to the Mines and Minerals (Development and Regulation) Act, of 1957. The bill has been already passed in the lower house of the parliament on July 28, 2023, and since the bill… Continue reading Mines and Minerals Bill passed in RS, special focus on critical minerals

CVS Health Corp to cut 5,000 jobs amid shift away from retail focus

By Fiona Rutherford CVS Health Corp. will cut 5,000 positions from its workforce to help reduce costs as the drugstore chain focuses on broadening from its retail roots into more health-care offerings.   None of the job losses will impact customer-facing positions in stores, pharmacies, clinics or customer services centers, a spokesman… Continue reading CVS Health Corp to cut 5,000 jobs amid shift away from retail focus

Focus on behavioural aspects to be our key differentiator: Nimesh Chandan

Premium Nimesh Chandan, Head-Investment, Equities at Canara Robeco MF Bajaj Finserv Mutual Fund, which has recently launched its first equity scheme in the flexicap category, has come up with a “megatrends” investing strategy in a bid to offer differentiated products to investors. This strategy is suited for a flexicap fund as it selects companies… Continue reading Focus on behavioural aspects to be our key differentiator: Nimesh Chandan