Indian bonds market is all set to hit by a supply glut, which may drive benchmark yields toward 8 per cent by the year-end, according to a report by Standard Chartered Plc. Excess supply of sovereign
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Business
Global Corporate travel survey for 1H22: Airlines expect corporate travel to be back to 2019 levels by 2022 end
Aviation sector is up for a boom as all the factors are in favor of this space. A global corporate travel survey for 1H22 in Europe done by CLSA indicates recovery picking up. 2022 appears to be star
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ICICI securities have initiated coverage on Havells with a ‘BUY’ recommendation and Target Price Rs. 1,644. The company expects Havells to report a PAT CAGR of 27.2 percent over FY22-FY24E and RoE to
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Chinese technology company Alibaba’s India unit had filed some "false or fabricated" documents filed with the regulators, the probe into the affairs of the unit has revealed. The Ministry of Corporate
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Nifty Pharma stands among the worst performing sectors in the year so far and has declined by 15% YTD. Nevertheless, CLSA is bullish on pharma stocks under its coverage. In its recent report, it has i
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Business
HDFC-HDFC Bank merger: Both entities well capitalised, maintain surplus liquidity to take bigger exposures, says bank’s CEO
The decision to merge mortgage lender HDFC with subsidiary HDFC Bank has been taken to exploit the advantage of a lower cost of funds and the phenomenal distribution muscle built over the years, the b
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