China is posing the greatest threat to peace in Southeast Asia, according to the Philippine defense chief Gilberto Teodoro, speaking on Tuesday. This comment comes amid growing tensions between Manila and Beijing over disputed territories in the South China Sea.
LG Electronics Inc. explored an IPO for its Indian unit, aiming to meet a $75 billion revenue target by 2030. CEO William Cho mentioned it as a strategic option, noting a surge in investor interest. The company focuses on enterprise sales growth, subscription services expansion, and investment in its streaming platform to boost revenue.
Aether Industries Ltd., incorporated in the year 2013, is a Small Cap company (having a market cap of Rs 11587.54 Crore) operating in Chemicals sector.
JPMorgan has maintained an "Overweight" rating on Tata Motors with a target price of Rs 1,250. Although JLR experienced a 1% year-over-year decline in July 2024 retail sales, China inventories are well-managed, and US inventories and incentives remain stable.
EPL Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 8063.58 Crore) operating in Packaging sector.
Premier Energies launched its IPO including fresh equity and offer for sale, closing on August 29. Analysts advised subscribing due to the firm's strong order book and promising growth in the solar sector. Funds will be used to establish new solar photovoltaic manufacturing facilities and for general corporate purposes.
JK Cement Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 34350.76 Crore) operating in Cement sector.
Hindustan Unilever has received a tax demand of Rs 962.75 crore from the Income Tax Department over non-deduction of TDS for acquiring intellectual property rights from GlaxoSmithKline. The company intends to appeal the order and claims it has a right to recover the tax from relevant parties.
The U.S. presidency has largely been dominated by the Democratic and Republican parties. The Democrats, with 16 presidents, saw Franklin D. Roosevelt as the longest-serving. The Republicans have had 19 presidents, none exceeding two terms.
The Nifty Energy Index, a local benchmark for the industry, has risen 31% this year, on course for a nine-year winning streak. In the period, a Bloomberg gauge of the world’s 124 mid- to large-sized energy firms has gained 4.7%, with half of its top 10 performers being traditional energy firms from India.
Mahindra & Mahindra Finance's share price has been consolidating since July 2023 and is currently trading around 315 levels. Technical indicators suggest potential upward movement, with the stock forming an Ascending Triangle pattern. Analysts predict further gains if the stock remains above 320, supported by option data highlighting crucial support and resistance levels.
