Category: Company Specific News

Clipped from: https://www.business-standard.com/article/companies/tata-motors-has-global-ambitions-for-electric-vehicles-n-chandrasekaran-122042900675_1.html Tata Sons Chairman N Chandrasekaran stresses the automaker’s global plans for its EVs over the next three years The model developed ground up

Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/analyst-targets-on-icici-bank-soar-past-rs-1000-as-lender-beats-hdfc-bank-on-all-parameters/articleshow/91069908.cms Synopsis The lender said its provision saw a sharp decline along with an improvement in asset quality. The management continues to focus on

Clipped from: https://www.business-standard.com/article/companies/icici-lombard-general-insurance-stock-falls-as-q4-show-disappoints-122042201173_1.html Analysts though appear positive with their target prices indicating 22-25% upside ICICI Lombard Disappointing results have led to a sell-off in ICICI Lombard General

Clipped from: https://www.business-standard.com/article/companies/hdfc-twins-are-trading-at-historic-valuation-discount-vs-sensex-122042201417_1.html Analysts expect trend to persist till FY23 end, in light of headwinds Illustration: Binay Sinha For the first time since the 2008 Lehman

Clipped from: https://www.thehindubusinessline.com/news/acc-net-profit-down-30-on-cost-pressure/article65335757.ece Due to low demand, the company could not pass on incremental cost to end consumers Associated Cement Companies (ACC), one of the largest

Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/will-achieve-ebitda-breakeven-in-next-six-quarters-paytm-ceo/article65297675.ece Vijay Shekhar Sharma CEO, Paytm Seeks to assuage shareholders’ fear as stock plunges Paytm expects to achieve EBITDA (Earnings Before Interest, Taxes, Depreciation

Clipped from: https://www.thehindubusinessline.com/money-and-banking/paytm-aiming-for-breakeven-in-six-quarters-ceo-vijay-shekhar-sharma-to-shareholders/article65295507.ece Says stock grants will be vested with him only when the company’s market cap crosses the IPO level on a sustained basis Paytm

lipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/blue-star-aims-at-14-market-share-by-fy23/article65294488.ece B Thiagarajan, MD, Blue Star BIJOY GHOSH | Photo Credit: Bijoy Ghosh MD says despite price hikes, company will make affordable products for

Clipped from: https://www.business-standard.com/article/markets/hdfc-hdfc-bank-merger-brokerages-see-return-rations-improving-by-fy25-26-122040500310_1.html Analysts think there are multiple challenges such as impact of SLR/CRR/PSL compliance cost; the RBI’s aversion to banks holding considerable stakes in para-banking

Clipped from: https://www.business-standard.com/article/companies/combined-entity-will-get-benefit-of-lower-cost-of-funds-hdfc-s-keki-mistry-122040600007_1.html Keki Mistry, vice-chairman and chief executive officer of HDFC, tells Manojit Saha the option to merge with HDFC Bank was on the drawing-board

Clipped from: https://www.business-standard.com/article/markets/hdfc-hdfc-bank-merger-what-s-in-store-for-the-shareholders-122040400479_1.html Shareholders of HDFC Ltd will receive 42 shares of HDFC Bank for 25 shares held Photo: Bloomberg HDFC and HDFC Bank’s merger –

Clipped from: https://www.business-standard.com/article/companies/hdfc-twins-merge-in-40-bn-deal-amalgamation-may-take-15-to-18-months-122040500024_1.html The country’s largest housing finance company and the biggest private sector bank announced that their boards have approved an all-stock amalgamation of HDFC

Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/birth-of-a-goliath/article65291218.ece The HDFC-HDFC Bank merger, prompted by regulatory changes, will create a bank of scale Policymakers and industrialists in India have repeatedly bemoaned the

Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/stocks-may-come-under-pressure/article65291194.ece FPIs expected to rebalance their stance on HDFC, HDFC Bank stocks The stance taken by FPIs on the stocks of HDFC twins –

Clipped from: https://www.business-standard.com/article/finance/paid-back-pmc-depositors-rs-3-800-crore-centrum-group-s-jaspal-bindra-122040400018_1.html This is more than two years after PMC went bust and the Reserve Bank of India (RBI) imposed restrictions on the amount the