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UK BUSINESSES UPTURN
Jefferies raises target price of auto ancillary stock that's venturing into aerospaceJefferies has increased its target price for Belrise Industries to Rs 250, maintaining a positive outlook. The auto component maker is expe...- UK businesses register biggest upturn since April 2024, PMI showsUK businesses saw their fastest growth since April 2024 in January. However, inflation pressures and job losses are also rising. This mixed...
- European shares start week on bright footing on autos, banks' boostEuropean shares rose on Monday, led by automobile and bank stocks, ahead of the first round of French parliamentary elections. Autos surged...
- Bank of England says UK recession is modest in historical terms and that upturn is probably underwayBank of England Gov. Andrew Bailey stated that the UK's economic recession is modest and likely over. The recession, confirmed last week, s...
- European shares fall as data signals slower economic recoveryEuropean stocks slipped slightly on Wednesday as weak economic data raised concerns about the euro zone's economic recovery. The pan-Europe...
- Euro-Area business activity shows bloc may dodge recessionA variety of factors including slowing inflation, a warmer-than-usual winter in energy-strapped Europe and an easing of supply-chain constr...
- Global air travel expected to not recover before 2024, says IATA"The industry is seeing a rebound from the depths of the shutdowns in April, but the bad new is that any increase "is barely visible," IATA...
- CLSA retains ‘sell’ call on Tata Motors, sees 14% downsideThe stock may appear cheap but is unlikely to perform because of the challenges, said CLSA.
- What the Brexit? Nasscom sticks to growth forecastNasscom was keeping a close watch on factors such as Britain's exit from the EU and its ripple effect on demand for technology services.
- Nasscom upbeat on software exports, will not revise 10-12% growth projectionNasscom had said in June that UK’s decision to exit the European Union through a referendum will have an immediate impact in the short term...
- Growth cycle will turn up from Q3: Arundhati Bhattacharya, SBIArundhati Bhattacharya, Chairman, SBI, says that EU and UK are our large trading partners and it is unlikely that India will be impacted he...
- Nawaz Sharif assures UK of cooperation with new Indian governmentNawaz Sharif has assured his UK counterpart David Cameron of cooperation with any new government that takes over in India.
- TCS off lows; Nomura reduces target price post Q4 showIndia's largest IT services exporter reported better-than-expected net profit of Rs 5,357 cr on Thursday, but revenues came below market ex...
- TCS slips post Q4 results, top Sensex loser; Nomura reduces target priceIndia's largest IT services exporter reported better-than-expected net profit of Rs 5,357 cr on Thursday, but revenues came below market ex...
- UK government must support enterprise: Lord Swraj PaulLord Paul praised a "heartening" recovery in the economy but warned that the "growth will continue to struggle".
- UK government must support enterprise: NRI industrialist Lord Swraj PaulLeading NRI industrialist and peer Lord Swraj Paul today called on the UK government to support enterprise to maintain the upturn in the ec...
- UK dodges triple dip recession: Relief to George Osborne but the business community is not happyComing as it does on the back of depressing production figures from Europe, George Osborne may feel he has room to celebrate.
- StanChart H1 India operating profit slumps 39 pcUK-based Standard Chartered PLC reported a 39 per cent dip in its India operations during the first half of the current fiscal and said its...
- Tata Steel to infuse 400 mn pounds; slash 1,500 jobs in UKThe steel unit mainly manufacturing long products for construction biz, has been making losses over past 2 years due to sluggish demand.
- Sahara to check into London’s Grosvenor HouseSubrata Roy’s Sahara India Pariwar is reportedly on the verge of buying the iconic Park Lane hotel, Grosvenor House.
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