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Source: Live Mint Indian construction major Larsen & Toubro (L&T) and Power China have been awarded a contract to build key railway facilities for the Oman-UAE railway project, Hafeet Rail, according to a Saudi Gulf Projects report on Monday, February 10. According to the news portal’s report, the nation has signed a strategic design and…
Source: Live Mint In a recent note, brokerage house Motilal Oswal Financial Services (MOSL) stated that a slowdown in consumption and commodity weakness have weighed on corporate earnings, even as sectors such as BFSI, Healthcare, Capital Goods, and Technology delivered strong performances. However, the government’s shift from capital expenditure to consumption in its latest budget…
Source: Live Mint The big day is here! FM Sitharaman will deliver her 8th Budget speech at 11 a.m. Even though it’s a Saturday, stock markets (BSE and NSE) will remain open. This will be her second full Budget under Modi 3.0 and her eighth overall, including six annual and two interim Budgets during the…
Source: Live Mint Devina Mehra, the founder of First Global, offered a strong critique of the idea of working long hours, such as 90 hours a week, saying in a social media post, “This type of recommendation of working for ‘nation-building’ or ‘company building’ is bunkum.” Her comments came following a statement by Larsen and…
Source: Live Mint The Cabinet Committee of Security’s latestapproval for orders worth ₹21,100 croreis seen as a shot in the arm for defence companies such as Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL) and Larson and Toubro Ltd (L&T). A pickup in defence approvals and orders, which were in the slow lane for much…
Source: Live Mint “If the stock market is one of the movers of the new Indian economy, Parekh is one of the prime movers of that market…legend has it IPOs are filed with Parekh before they hit the market,” an India Today article from February 2001, stated. Later, he was implicated for orchestrating the 2001…
Source: Live Mint 2025 Market Outlook: Brokerage house B&K has outlined its market outlook for 2025, highlighting the challenges and opportunities as investors navigate through a period marked by macroeconomic uncertainty and a shifting global landscape. The brokerage noted that the second half of 2024 was particularly challenging, and the earlier part of 2025 may…
Source: Live Mint Stocks To Buy: Bharti Airtel, DLF, ICICI Bank , Jubiliant Foods , Larsen & Toubro Ltd, Mahindra & Mahindra Ltd, Reliance Industries, State Bank of India, Sun Pharmaceutical Industries, Tata Motors, Tata Consultancy Services, and UltraTech are the 12 high conviction Large cap investment ideas by Mirae Asset Sharekhan for 2025. Bharti…
Source: Live Mint Benchmark indices extended Friday’s gains to Monday, with the Nifty clocking the biggest two-day rise since early June. However, market experts are unsure if the gains will sustain or prove to be fleeting. After tumbling 11% from its 1 October record, the Nifty has in two sessions recouped nearly 4% from its…
Source: Live Mint Stock Market News: In the last trading session of the week (Friday, 22 November), the domestic benchmark indices, Sensex and Nifty 50, recovered from earlier losses, buoyed by encouraging global cues. Strong indications from the US labor market and positive sentiment across various Asian markets contributed to this turnaround. By the end…
