Bernstein hikes Jio's enterprise valuation to $120 bn on expectations of strong ARPUBrokerage Sanford C. Bernstein estimates the telecom market leader’s ARPU – a key performance metric – to jump by as much as 33% and 64% to...
06 Jul, 2022, 01.05 AM IST
Pharma is seeing flight to safety, market yet to price in multi-year EPS growth: Sanford Bernstein'There is definitely room beyond the re-rating that the market has already seen, which should come from more and more of these complex gene...
24 Jul, 2020, 01.51 PM IST
BMW should buy Jaguar Land Rover from Tata Group, Bernstein saysBuying JLR for $11.2 billion could add 20% to BMW’s earnings, according to Bernstein.
18 Sep, 2019, 06.48 PM IST
Airtel, Vodafone Idea lack the 'stomach' to take on Mukesh Ambani: BernsteinJio is moving ahead of its freebies strategy that helped it disrupt the sector right after its launch.
10 Dec, 2018, 12.57 PM IST
Crude seen hitting $150 level, and oil investors are to be blamedBrent crude oil rallied to an all-time high above $147 in 2008 on booming demand growth.
06 Jul, 2018, 09.13 PM IST
Scorned by Musk, analyst calls antics ‘incrementally worrisome’The CEO rejected analysts’ questions following another quarter in which the company burned more than $1 billion in cash and pushed back pro...
04 May, 2018, 09.41 AM IST
‘Jio would have posted loss had it not applied unique depreciation’Jio’s Rs 504 crore net profit in the December quarter was “a bit too good to believe,”
08 Feb, 2018, 01.09 PM IST
Diageo to acquire George Clooney’s tequila brand Casamigos for $1 billionThe deal expands the Londonbased distiller’s lineup in a fast-growing category, where it already owns the Don Julio, DeLeon and Peligroso b...
21 Jun, 2017, 11.20 PM IST
Gone and forgotten? Here's one sign that 'peak oil' is deadGoogle searches for "too much oil" recently outstripped searches for "Peak Oil." Prices per barrel are around $45. For oil markets, short-t...
12 Sep, 2016, 03.28 PM IST
Louis Vuitton counts on lipstick as handbag sales slowWith Vuitton’s sales growth slowing from Barcelona to Beijing, catering to beauty buyers like Le Sassier is getting more important for LVMH.
04 Jun, 2013, 08.42 AM IST
- Procter & Gamble plans to manufacture products for the Indian market locally
Procter & Gamble to manufacture products for the Indian market locally, moving away from its decade-old strategy of importing goods.
15 Nov, 2011, 12.33 PM IST
- Govt, RIL in proxy fight over KG-D6 output decline: Bernstein
Reliance Industries wants a hike in the price of natural gas to resume drilling in the KG-D6 fields, which have seen a sharp drop in output...
05 May, 2011, 03.00 PM IST
- Oberoi Realty ropes in anchor investors at Rs 260/sh
Real Estate major Oberoi Realty has issued shares 71.21 lakh shares to anchor investors at a price of Rs 260 per share (higher end of the p...
06 Oct, 2010, 11.48 AM IST
- Allergan to pay $600-mn fine in Botox probe
Allergan, maker of the wrinkle smoother Botox, agreed to pay $600 million and plead guilty to a single misdemeanour charge in settling a US...
02 Sep, 2010, 12.29 AM IST
- Glaxo takes new AIDS drug into final-stage tests
GlaxoSmithKline and its partner Shionogi are progressing a new drug against HIV into final-stage clinical testing, ramping up competition i...
21 Jul, 2010, 02.37 PM IST
- Nestle makes $9.55 bn full-year profit
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant ...
19 Feb, 2010, 03.19 PM IST
- Citigroup's subprime loss may go up to $16 bn
Citigroup, the biggest US bank, may be forced to write down $16 billion in the fourth quarter and post a larger loss than previously estima...
09 Jan, 2008, 01.29 AM IST