Jefferies sees nearly 60% upside for Swiggy after shareholders approved the 49.5% foreign ownership cap. Here's what changes next.
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Jefferies sees nearly 60% upside for Swiggy after shareholders approved the 49.5% foreign ownership cap. Here's what changes next.
The US is carrying nearly $40 trillion in debt as Trump pushes the Fed for lower rates to ease borrowing costs and support economic growth.
YouTube has discussed directly financing some programs, and it has also offered to allot a portion of major brand deals to creators.
In a consumer sector note dated August 19, Macquarie analyst Avi Mehta said weather agency Skymet's latest forecast points to a weaker monsoon in August and September.
Goldman Sachs sees a hawkish shift in the RBI's tone, while Bank of America calls the August policy decision a dovish hold. Both brokerages expect 50 bps of rate hikes in FY27, but differ on the timing and reading of the central bank's latest signals.
The June quarter also saw sustained strength in order backlog despite a mixed trend in fresh order inflows. Overall new orders grew 12% YoY to Rs 1.66 lakh crore, but declined 22% YoY excluding L&T and BHEL, impacted by a high base and lower awards for a few companies.
Companies like Jindal Steel, AK Capital Services, LIC Housing Finance, and Patanjali Foods will pay dividends to shareholders holding shares by August 20.
The couple will retain their status as non-working royals, consistent with the agreement reached when they stepped back from royal duties in 2020.
Rajasthan based company has fixed the IPO price band at Rs 285-Rs 300 per equity share. The face value of each share is Rs 4.
Jefferies remains constructive on the sector overall, but prefers two-wheelers, with 'Buy' ratings on TVS Motor and Eicher Motors and 'Underperform' ratings on Tata Motors Passenger Vehicles (TMPV) and Hyundai Motor India.