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MACQUARIE ASIA
Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's whyMacquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The br...- China and Hong Kong users unable to access SpaceX website, IPO documentsSpaceX's website and IPO marketing documents are inaccessible in Hong Kong and mainland China, potentially limiting investor participation ...
- No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
- Why market rose today? Sensex gains 360 pts, Nifty closes above 24,100. West Bengal election trends among 5 factorsIndian benchmark indices Sensex and Nifty surged on Monday, driven by positive sentiment from West Bengal election trends and a drop in oil...
- Axis Bank slips despite 'Buys' as provisions cast a shadowAxis Bank shares fell 3% despite analysts maintaining a positive outlook, with 94% recommending 'Buy'. The bank's loan growth was strong, b...
- Oil Price Today (April 22): Crude oil prices hover near $100 despite Iran war ceasefire extension. Here’s whyCrude oil prices saw little movement as President Trump extended a ceasefire with Iran, though Iran described the continued blocking of shi...
- Oil Price Today (April 16): Crude oil hovers below $95 amid Iran war peace talks. Where are prices headed?Oil prices stayed below $95 as hopes of a US-Iran deal cooled supply concerns, with near-term direction hinging on progress in geopolitical...
- Global funds, Adani, GMR, others in race for NIIF's smart meter businessGlobal infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The c...
- Oil Price Today (April 15): Crude oil below $95, falls for second consecutive day. What’s behind the decline?Oil prices fell for a second day on hopes that renewed U.S.-Iran talks could ease Middle East supply disruptions after the Strait of Hormuz...
- China's March exports slow as Iran war wipes out AI-driven gainsChina’s export growth slowed sharply in March to 2.5%, a five-month low, as the impact of the Middle East conflict and rising energy costs ...
- TSMC likely to book fourth straight quarter of record profit on insatiable AI demandOn Thursday, TSMC is expected to report a net profit of $17.1 billion for the quarter, according to an LSEG SmartEstimate compiled from 19 ...
- India raises export duty on diesel, ATFIndia has significantly increased export duties on diesel and aviation turbine fuel. This move aims to boost government revenue and ensure ...
- Hot Stocks: Brokerages view on HDFC Bank, Sun Pharma, HUL and PaytmMacquarie maintained an outperform rating on HDFC Bank with a target price of Rs 2110. HDFC Bank is in Macquarie Asia impact selection list.
- Macquarie puts India clean energy company on the blockVibrant Energy, which primarily sells electricity to corporate and industrial (C&I) customers, operates a renewable energy portfolio of 132...
- Adani Group to acquire Macquarie Asia's India toll roads for Rs 3,110 crAdani Road will acquire Gujarat Road and Infrastructure Company Ltd (GRICL) (owned 56.8% by Macquarie Asia Infrastructure Fund) and Swarna ...
- Adani Enterprises arm to acquire toll roads in Guj, Andhra from Macquarie Asia Infra Fund for Rs 3,110 crAdani Road Transport, a wholly-owned subsidiary of Adani Enterprises, will be acquiring a 100% stake in Swarna Tollway Private Ltd (STPL) a...
- Macquarie estimates upto $8 bln value for Citi's APac consumer businessThe Australian brokerage has pencilled in DBS Bank Ltd, Oriental and Commercial Bank of China (OCBC) and Standard Chartered (StanC) as the ...
- EMs may rally in 2019, buy smallcaps, says MacquarieGiven the time it takes to build positions, now is the time to start.
- Macquarie Capital to raise $1.1 billion, may invest in infrastructureWhile it is still early days, analysts are cautiously optimistic that 2013 will prove to be a better year for investments in the country's ...
- Macquarie cuts 30 jobs in i-bank, research teamsAustralian financial and investment services company, Macquarie, has retrenched 25-30 employees last week.
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