India’s IT sector facing a growth crisis; Daljeet Kohli says he’s already walked away
India’s IT sector faces uncertainty as global slowdown and AI fears spook investors. Market expert Daljeet Kohli advises caution, citing a lack of growth and difficulty in identifying future winners. Meanwhile, Reliance Jio’s IPO is seen as a strategic move to unlock value and offer a focused bet on India’s telecom growth, separating it from […]
Betting on India’s travel boom? Motilal Oswal sees TBO Tek and Ixigo as key beneficiaries
The industry has evolved significantly over the past two decades—from a fragmented, offline agent-driven market to a digitally enabled ecosystem led by online travel platforms.
Retirement savings gap after a career break? Expert shares how to recover without taking big risks
Career breaks, common for women, can impact retirement savings. Experts advise accepting the situation and implementing a catch-up plan by temporarily increasing investments. Utilizing bonuses and reviewing portfolios for better returns are key. While aiming for higher gains, avoid excessive risk. Disciplined investing and strategic cash-flow management can help bridge the gap and secure financial […]
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?
The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scenarios, including a prolonged conflict and potential blockage of critical energy trade routes. However, as ceasefire negotiations progressed, traders began unwinding these risk premiums.
Luxury homes emerge as wealth play? Madhusudan Kela buys apartment at DLF’s The Dahlias
DLF has sold a residential apartment in its ultra-luxury project The Dahlias in Gurugram to Kela for Rs 120.71 crore, according to media reports. This reinforces the growing appetite among high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) for premium residential assets.
Wall Street Week Ahead: Investors see Micron earnings as pulse check of AI rally momentum
Investors are keenly watching Micron Technology’s upcoming earnings report for crucial insights into the ongoing AI-driven stock market rally. Despite recent market jitters, the semiconductor sector’s robust demand and significant spending on data centers are fueling optimism. This report will be a key indicator of whether the current surge in chip demand and related profits […]
Sebi reinstates open market buybacks via exchanges
Sebi has greenlit buyback flexibility for companies, reintroducing open market options via exchanges from August 1. Mutual funds gain relaxed borrowing norms for liquidity, and AIFs will see faster fundraising. These moves aim to boost capital management for listed firms, with buybacks needing completion within 66 days and 40% funds deployed early. Merchant banker appointments […]
SBI Funds Management gets Sebi nod for IPO
SBI Funds Management, India’s largest mutual fund house, has secured SEBI’s nod for its upcoming Initial Public Offering, expected to launch early in July. The public issue will be an Offer for Sale, with existing shareholders State Bank of India and Amundi India divesting a portion of their stakes. This move signals a significant step […]
Traders boost US rate-hike bets on hawkish Fed
Traders are now fully anticipating a quarter-point interest rate hike from the Federal Reserve by September, a shift driven by renewed inflation worries fueled by a surge in oil prices. New Fed Chair Kevin Warsh’s firm stance against high inflation has bolstered these expectations. This development occurred amidst quiet trading, with US markets closed for […]
Leader’s Premium: The math behind Jio Platforms’ price
Jio Platforms’ upcoming IPO is priced at a premium, reflecting its market leadership and advanced 4G/5G network. Despite smaller revenues than global giants, Jio commands a higher valuation. The company plans to raise over $4 billion, with an anticipated market cap of ₹12-14 lakh crore. While Jio shows strong customer growth and data traffic, Bharti […]