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BP RESTRUCTURING
Oil major BP to cut 700 jobs as it streamlines operations: ReportBP plans to cut approximately 700 non-frontline global workforce roles. These reductions will impact about eight percent of production and ...- BP stock soars 7% as Shell eyes major takeover — could this be the biggest energy deal of the year?BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Jo...
- Buy State Bank of India, target price Rs 1,000: Motilal Oswal Financial ServicesMotilal Oswal Financial Services recommends buying State Bank of India shares, projecting a target price of Rs 1,000. The bank reported str...
- Infosys Q1 Preview: Net profit may jump 6% YoY; strong sequential revenue growth seenInfosys Ltd is anticipated to show solid sequential revenue growth in Q1 of June 2024, fueled by large deals. Net profit expected to rise b...
- Nomura bullish on Bandhan Bank, sees up to 47% potential upsideManagement expects the 2Q NIM decline was transitory and is confident it can maintain NIMs at ~7.5-8% in the near term. The brokerage has e...
- BP Q3 results: Co swings back to small profit, refining weighsThe London-based company said that while fuel demand in Asia, particularly in China, was recovering, global consumption remained weak so fa...
- Buy Bank of Baroda, target Rs 163: Motilal OswalBuy Bank of Baroda at a price target of Rs 163.0 .
- With rate cuts seen post Budget, asset quality concerns haunt banksAccording to an ET survey, 11 of 13 economists are of the view that the RBI will keep rates unchanged after a repo rate cut of 25 bps on Ja...
- Passage of Insurance Bill to greatly benefit companies with serious financial constraint: BP SinghThese companies are now starved of capital and partners were not allowed to put money. Hence, a lot of financial restructuring was going on.
- Continue to remain bullish on PSU banks: BP Singh, Pramerica Mutual FundThe concerns which most of us had about the non-performing assets in the recent past, will probably be taken care of very easily.
- Corporates are expecting demand revival: BP Singh"Corporates are acquiring the existing capacities. They are expecting the demand revival, post that they will set up a Greenfield project."
- Regulatory uncertainties holding the rally in telecom sector: BP SinghTelecom sector had some regulatory uncertainties in the recent past and even with the new government in place we have not come across any m...
- Expect markets to deliver in four to six quarters: BP SinghIn a chat with ET Now, BP Singh, Executive Director & CIO-Equities, Pramerica Mutual Fund, shares his market outlook.
- Downgrade shock for banks as agencies cut ratingsWhile rising bad debts have prompted fears of further downgrades, S&P's move is - for now - limited to IDBI.
- Tata BP Solar changes name; appoints Ajay Goel as CEOTata BP Solar India has said it has changed its name to Tata Power Solar Systems, as part of a restructuring and appointed Ajay Goel as CEO.
- Gita Piramal sells BP Ergo stake to US-based HNI CorpThe acquisition helps the world's second largest office furniture maker own capacities capable of providing furniture to nearly two lakh pe...
- SBI spurts for second day post robust Q4 resultsState Bank of India (SBI) surged for the second day on Monday, extending its previous day’s rally of over 5 percent on Friday.
- BP agrees to inform US ahead of transactions: ReportBP has agreed to inform the United States government of major transactions that may affect the future shape of the company in the wake of t...
- Infosys eyes $250 mn BP deal as BT revenues shrinkAt a time when revenues from its top customer BT are dwindling, Infosys is chasing new contracts worth $100-250 mn from BP.
- BP says will cut more jobs despite soaring profits: reportBritish energy giant BP, fresh from unveiling an 83-per cent jump in third-quarter net profits, is planning to cut more jobs than previousl...
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