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CLSA BRAND EXIT
CLSA set to vanish as brand after 40 years in Asian brokerage: ReportHong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and str...- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Business rejigs, layoffs drive up demand for outplacement firmsCompanies are increasingly using outplacement services to help employees find new jobs. This trend is driven by AI disruption and economic ...
- Kotak Equities initiates coverage on JB Chemicals with a target price of Rs 2,025“Having primarily grown organically until FY2022 and later on aided by benefits from acquired brands, JB has handsomely outperformed the IP...
- Diaper maker Nobel Hygiene raises Rs 132 crore from Sixth Sense VenturesSixth Sense Ventures is a domestic consumer-centric venture fund. With the current investment, Nobel Hygiene now, cumulatively, becomes Six...
- Fresh wipe: How Nobel Hygiene is making a place for itself in the diaper marketWith a penetration of as low as 6%, the disposable diaper market, especially the adult diaper segment, is shrouded in stigma around inconti...
- L&T Tech plunges 8%; has this multibagger's rally run out of steam?While price targets on the scrip do not look too bad, especially following the recent slide, analysts said upside could be capped for the s...
- Nobel Hygiene raises Rs 450 crore in funding led by Quadria CapitalThe deal is a mix of primary and secondary capital where existing angel and PE investors including CLSA Capital Partners, Access India fund...
- Access PE says exits investment in diaper maker Nobel HygieneNobel is the dominant market leader in adult diapers with its brand Friends, and the largest Indian player in baby diapers after the MNCs w...
- Hygiene check: Companies cut sanitiser, mask outputITC, which has seen its consumer goods business surge in the December quarter, said in a quarterly earnings presentation that branded sanit...
- Burger King India files papers for IPOThe IPO comprises fresh issue worth Rs 400 crore and an OFS of up to six crore shares.
- CLSA maintains ‘Buy’ on Arvind, raises target price“In textiles, the focus is shifting in favour of high-asset turn and technology-driven expansion.”
- Brokerages downgrade Infosys, say stock likely to underperformSearch for a CEO outside the company may prove to be even more challenging given the way Sikka's exit panned out.
- Stocks shrug off Rexit fears, ride global waveFund managers expect a further rise in indices if the referendum outcome is in favour of Britain staying in the EU.
- ET 500: Which companies are likely to make it to Sensex by 2020?Between 1992 and 2002, 18 of the 30 Sensex companies that exited from the index were primarily from capital goods and the textile sectors.
- Technology Frontiers in talks to sell stake to Dubai’s Fidelis WorldSports venture Technology Frontiers is in talks with Dubai’s Fidelis World for a strategic investment.
- VLCC buys 80% in Singapore-based cosmetics maker GVIG for Rs 180 croreVLCC plans to acquire the remaining 20% stake in GVig, held in the form of sweat equity by some individuals, by next year, Luthra said.
- CLSA initiates ‘buy’ on Prestige Estates; sees 29% upsideThe brokerage expects the company’s rental income to rise from Rs 2 billion in FY13CL to Rs 4 billion plus exit rate by FY15CL.
- Wipro to sell water purification and treatment business to Earth Water GroupThe potential sale was part of a bigger restructuring exercise to exit the smaller pieces in its diversified portfolio, which the company h...
- CLSA lists Bharti, DLF, ITC among top Indian stocksCLSA maintains BUY ratings on Bharti Airtel, ITC and Reliance Industries. Infosys Technologies and Sun Pharma have been rated as over-perfo...
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