Edward Johnson 
Brokerage firm CLSA has an underperform rating on Jubilant Foodworks while Jeffries has a hold and buy view on Trent and Honasa respectively. Citi has a buy view on Grasim and Kotak Equities has a sell rating on Siemens. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: … Read more
(NewsNation) — It’s one thing to be the victim of online theft. Most banks will make good on unauthorized transactions. It’s another thing to freely give money to someone who turns out to be a scammer. Usually, in those cases, banks are not so willing to make you whole. But that may change. The Consumer Financial … Read more
India is poised to narrow the gap with China in MSCI Inc.’s gauge for developing nations. Analysts from firms including Smartkarma and IIFL Securities Ltd. expect India’s weight in the MSCI Emerging Markets Index to rise by at least one percentage point following the index provider’s review this week. This would bring the country almost … Read more
Mumbai: A particular kind of sovereign debt trade is set to receive a shot in the arm with the entry of the Life Insurance Corporation of India, signalling a new era of durable long-term government bond demand, running into trillions of rupees, from the insurance industry. The country’s largest insurer – which has a total … Read more
Mumbai: Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch and her husband Dhaval Buch on Sunday said that at no point in time did the fund IPE Plus – in which they had invested – acquire bonds, equities or derivatives of any Adani group company. They said all disclosures of securities held … Read more
SYDNEY: Asian stocks got the week off to a quiet start on Monday as a holiday in Japan removed one source of recent volatility, and investors hunkered down for major U.S. and Chinese economic data for an update on global growth prospects. Key for the Federal Reserve will be U.S. consumer prices on Wednesday where … Read more
Pay for the bosses of the UK’s 100 biggest listed companies has increased to the highest level on record, with the average chief executive paid more than 100 times the average full-time worker in Britain. As millions of households cut back on spending amid the cost of living crisis, analysis by the High Pay Centre … Read more
Mumbai: Anuj Sheth, Manish Jain, Vijay Kedia, and Akash Bhanshali were the top wealth creators among the 15 wealthiest individual investors in India during the June quarter. In contrast, the portfolios of Jhunjhunwala and Family, Ashish Kacholia, Tejas Trivedi, and Vishwas Ambalal Patel saw a decline during this period, according to primeinfobase.com data. These portfolios … Read more
Consumers in England and Wales will see the amount of compensation they receive for poor customer service from their water supplier at least double under new government measures to crack down on failing utilities companies. Setting out tough new rules to support households and businesses, the government said minimum compensation payments would be doubled for … Read more
(The Hill) — The CEO of Bank of America, Brian Moynihan, said that the financial giant no longer believes a recession is on the horizon for the American economy, hinting that the Biden administration and Federal Reserve have achieved a “soft landing” after inflation troubles in recent years. Moynihan told CBS’s Margaret Brennan on “Face … Read more
