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UAE EV MARKET
Buy, Sell or Hold: Morgan Stanley remains overweight on Trent; Citi maintains buy on BELBrokerages are bullish on select retail, defence, and auto stocks, citing strong growth prospects. Morgan Stanley backs Trent's aggressive ...
Electronics, pharma and engineering goods lead India's FTA dividend as export engine shifts gearsIndia's electronics sector is poised for significant growth, potentially becoming a manufacturing and export powerhouse. Free Trade Agreeme...
MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloffUS stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while...
Can China's Xi rescue Trump from a bruising West Asia war?Donald Trump seeks a significant win from his upcoming China trip to bolster his reputation and aid midterm election prospects. The meeting...
Why Deepak Shenoy is betting on industrials, defence, and oil and what he's avoidingDespite gloomy headlines, Deepak Shenoy of Capitalmind MF sees a better ground reality for markets, backed by strong corporate earnings and...
ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
Adani Green subsidiary signs pact with UAE company for India renewables projectsAdani Green Energy Limited has formed a joint venture with Minerva Holding RSC to develop renewable energy projects across India. Minerva H...
Ashok Leyland sharpens global plans, announces big new movesAshok Leyland share price: With capacity constraints in the Middle East, a new entry into Indonesia, and sustained investments in EVs, Asho...
Kinetic Green, Tonino Lamborghini form JV to build electric golf carts in India for global marketsPune-based Kinetic Green Energy and Italy’s Tonino Lamborghini SpA have formed a joint venture to manufacture and export electric golf cart...
An EV revolution is happening in the heart of OPECWith low running costs and government support, EVs are becoming increasingly attractive, indicating a broader trend of gasoline displacemen...
Ashok Leyland’s Switch Mobility commences consultation process to shut its UK plantAshok Leyland will cease manufacturing operations at Switch Mobility in the UK to reduce losses, citing economic uncertainty in the British...
PURE EV ties up with Arva Electric to expand presence in Middle East, AfricaIndian electric two-wheeler manufacturer PURE EV has partnered with Arva Electric to expand into the Middle East and African markets. PURE ...
Expo Centre Sharjah signs agreement to launch Middle East Electric Vehicle Show 2025Expo Centre Sharjah (ECS) has forged a strategic partnership with MIE Events to debut the Middle East Electric Vehicle Show (MEEVS) in 2025...
Wardwizard looks to expand operations to cater to domestic, international marketsThe Vadodara-based company is setting up a new assembly plant in Sharjah in the UAE to cater to African markets, including Egypt. It has al...
From fuel to energy: How FuelBuddy aims to transform energy distribution sectorFuelBuddy's future vision involves making significant investments in innovative technology, diversification, and sustainable energy.
Dubai and India accelerate sustainable mobility ahead of COP28
Tata Motors lines up suitors for stake in EV businessIn a recent earnings call, the company said that for its standalone business in India, the automaker will meet its zero net-debt target. Ho...
Neutral on Shree Cements, target price Rs 28,550: Motilal OswalShree Cements Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 102010.92 Crore) operating in Cement s...
Neutral on Shree Cement, target price Rs 19,500: Motilal OswalThe stock trades at 14.4 times FY22E EV/EBITDA, which does not offer much upside in the brokerage view.