JPMorgan maintained an overweight rating on Apollo Tyres with a target price of Rs 370. The global investment bank slashed FY24-25 EPS by 2-3% to factor in slightly lower volume growth in India.
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles
The US Federal Reserve is set to propose an increase in the asset thresholds for banking regulations, potentially raising the current $700 billion limit to
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