UBS downgrades Syngene to ‘sell’ on weak outlook, shares slip 3% on January 16, 2024 at 6:31 am

The outlook for Syngene looks weak on a tough marco situation, global headwinds and falling VC funding, said UBS.

HDFC Bank, Reliance, Bajaj Finance in fray to be India#39;s first trillion-dollar company by 2032 on January 16, 2024 at 6:33 am

There are only six firms with $1 trillion market cap. Microsoft leads the pack at $2.9 trillion, followed by Apple at $2.87 trillion and Saudi Aramco at $2.1 trillion. In India, RIL is most valued firm at $213 billion, while HDFC Bank and Bajaj Finance are also in fray to be the first in India… Continue reading HDFC Bank, Reliance, Bajaj Finance in fray to be India#39;s first trillion-dollar company by 2032 on January 16, 2024 at 6:33 am

PNB Housing Finance gains after Motilal Oswal rates it as a top pick on January 16, 2024 at 6:39 am

Motilal Oswal expects net interest margins to expand by around 20 basis points over the next two years to 4.4 percent in FY26 because of declining borrowing costs and a slight expansion in yields.

RIL Q3 preview: Revenue, EBITDA to grow on robust retail, digital earnings; refinery, petrochem outlook eyed on January 16, 2024 at 7:02 am

RIL Q3 preview: RIL#39;s revenue expected to grow in December quarter, driven by robust performance by Reliance Jio and Reliance Retail

Union Bank of India becomes fourth PSU lender to cross Rs 1-lakh-crore valuation on January 16, 2024 at 7:24 am

The stock in 2023 jumped nearly 49 percent while so far in 2024 it advanced nearly 15.1 percent. The firm will report its December quarter earnings on 20 January.

HDFC Bank trades flat ahead of Q3 results, stock up 9% in 3 months on January 16, 2024 at 5:40 am

According to a Moneycontrol poll, HDFC Bank#39;s NII in Q3 is expected at Rs 28,846 crore against Rs 27,385 crore in the previous quarter

Mid-day Mood | Indices recover from early losses amid gains in financial stocks, IT sees profit-booking on January 16, 2024 at 6:17 am

The benchmark indices shrugged off weak global trend to recoup early losses to trade marginally high on gains in financial names

Omega Seiki Mobility ties up with Kissan Mobility to deploy 500 electric three-wheelers for last-mile delivery on January 16, 2024 at 6:49 am

The deal, valued at Rs 20 crore, encompasses a diverse range of applications, spanning across e-commerce and fast-moving consumer goods and durables segments, OSM said in a statement.

TCS aims to train entire staff with Gen AI skills on January 16, 2024 at 6:52 am

As a business opportunity, Gen AI is in its “early days” right now and the use cases are smaller right now, head of the company#39;s recently created #39;AI.Cloud#39; unit Siva Ganesan told PTI.

Usha Martin gains after Thai subsidiary acquires stake in a wire company on January 16, 2024 at 4:37 am

Upon completion of the acquisition, will become a step-down subsidiary of Usha Martin