MARKET SEGMENT
IPO Calendar: 3 new issues, 1 listing to watch out for next week The lull in the IPO market may only last for a while as 55 companies are gearing up to raise a whopping Rs 68,000 crore through initial share sales in the next few months, according to analysts.
13 Jul, 2024, 11.00 AM ISTOla Electric’s Bhavish Aggarwal takes a swipe at ‘cute’ Ather Rizta ads Ola Electric's Bhavish Aggarwal criticizes Ather Energy's marketing approach for new scooter Rizta. He advises focusing on supply chain and technology to reduce product costs. Ola Electric leads in electric scooter sales in India.
12 Jul, 2024, 04.14 PM ISTMotilal Oswal raises target price for Hindalco, sees upside potential of 15% Hindalco's target price raised to Rs 800 by Motilal Oswal as they plan a USD 6.9 billion capex for capacity expansion.
11 Jul, 2024, 03.21 PM IST- ADVERTISEMENT
Retail inflation for industrial workers eases to 3.86 pc in May In May 2024, retail inflation for industrial workers in India eased to 3.86%, down from 4.42% a year earlier. The Consumer Price Index-Industrial Workers (CPI-IW) rose by 0.5 points to 139.9 points, compared to 139.4 points in April 2024. The food a...
10 Jul, 2024, 08.21 PM ISTGross written premiums of general insurers up 13.3% in Q1 India's general insurance sector saw strong growth with an 8.76% increase in premiums for June and a 13.33% rise for the first quarter, driven by higher demand for motor and health insurance. Companies like ICICI Lombard and Star Health Insurance re...
10 Jul, 2024, 12.15 AM ISTThe underlying bias is changing after three years of painful readjustment: These IT stocks can 16 to 38% returns in one year While it might still not be making it to the headline, there has been a clear change in the stance for IT stocks post election results. After a long phase of underperformance the stocks are making a comeback. Because at this point of time, no one is...
09 Jul, 2024, 04.35 PM ISTAther Energy aims to raise market share with foray into family scooter segment Electric two-wheeler maker Ather Energy aims to boost its market share as it expands into the family scooter segment, according to a company official. The Bengaluru-based company has so far focused on manufacturing sporty scooters.
05 Jul, 2024, 08.58 PM ISTInvestor confidence drives Indian realty investments to $4.8 billion in H1 2024 Amid global economic challenges, Indian real estate showcased resilience, attracting $4.8 billion in institutional investments in H1 2024, up 81% from the total $5.8 billion in 2023. With 40 deals, investment activity surged, driven by strong foreig...
05 Jul, 2024, 04.12 PM ISTInstitutional investment in Indian real estate at $2.5 billion in Q2, marking a 3-year high Private equity investments in Indian real estate hit a three-year high in Q2 2024, totaling $2.5 billion. The industrial and warehousing segment led with 61% of the total investments ($1.5 billion), driven by large deals. The residential segment saw...
03 Jul, 2024, 04.10 PM ISTCompetitive intensity in used vehicle market to be on the rise: India Ratings India Ratings and Research predicts that vehicle financiers will increase the share of used vehicles in their AUM due to rising new vehicle prices, food inflation, heat wave, moderation in capacity utilization due to elections, and slowing rural eco...
26 Jun, 2024, 05.03 PM ISTWall St Week Ahead: Rally in US big tech stocks may be getting stretched The blistering rally in U.S. big tech stocks, particularly in the S&P 500, may be due for a breather amidst concerns of overheating, especially with Nvidia Corp's significant gains. Market segments like utilities are lagging behind tech stocks, prom...
22 Jun, 2024, 10.01 AM ISTGood time for IndiGo to grab market share in international segment: Pieter Elbers If you look at international, though, we do 33 destinations today and they are pretty much in the region and some of the regional and I would say beyond regional expansions, which we recently did, starting flights into Africa, starting flights into...
18 Jun, 2024, 03.47 PM ISTRobust housing demand helps in faster inventory liquidation Residential property markets in the top seven cities - Mumbai, Delhi-NCR, Pune, Bengaluru, Chennai, Hyderabad and Kolkata - have witnessed a significant 31% decrease in the time taken to sell active unsold housing inventory, showed a JLL analysis.
08 Jun, 2024, 11.08 PM ISTHow brands should inspire politicians to move away from 'divide' and 'drown’ to ‘unify' and 'thrive’ Political parties should be emulating those marketers who have already cracked New India. To narrow-cast our population as a fundamental oneness, courtesy technology and aspiration. Then to engage experientially, with customer-centric regional empat...
07 Jun, 2024, 11.07 PM ISTIndia smartwatch shipments stagnates in Jan-Mar quarter, Apple Watch grows 3 times Smartwatch shipments in the Indian market stagnated for the first time in the January-March quarter, with top players Fire Boltt, Noise, and Boat experiencing declines in market share. Despite a 15 per cent YoY dip in shipments, Fire Boltt maintaine...
06 Jun, 2024, 08.39 PM ISTIndia's top 7 cities see 31% decline in time to liquidate unsold housing inventory According to him, time needed to sell the unsold inventory in the premium segment has dropped from 51 months in 2019 to 29 months in the first quarter of 2024, showcasing the strong sales momentum in this segment. Apartments belonging to ticket size...
06 Jun, 2024, 02.03 PM ISTAnti-diabetic drugs lead growth in pharmaceuticals market The pharmaceuticals market in India is witnessing significant growth, with anti-diabetic drugs leading the way with over ₹155 crore in value growth among new brands launched in the past year. The respiratory segment and vitamin/mineral/nutrient segm...
31 May, 2024, 12.27 AM ISTBiosimilars offering a great opportunity in growing market: Kewal Handa The prices have really been coming down in terms of raw materials and particularly in APIs. There is a lot of stability there. China are also now trying to align themselves to the global market requirements and they are also very keen to see that th...
29 May, 2024, 01.41 PM ISTMahindra to focus more on driving range, tech over price in future electric cars Speaking to ET, R. Velusamy, president, automotive technology and product development at M&M said while TCO (total cost of ownership) approach to EV development or how much one saves after switching from petrol or diesel cars to EVs may work in the ...
28 May, 2024, 09.38 AM ISTPC market grows 2.6% in Jan-March quarter, aided by govt orders: IDC Laptop and desktop sales in India have grown by 2.6% in Q1 2024, driven by large government procurements and improved consumer sales, according to a report by International Data Corporation. The PC market recorded 3.07 million shipments in January-M...
16 May, 2024, 04.17 PM IST