10 Apr , 2024 By : Debdeep Gupta
Here is a collection of our most important stories this morning:
Vedanta gets 'buy' tag from CLSA with target raised to Rs 390 on commodity upcycle, shares hit a 52-week high
CLSA has upgraded Vedanta's rating from "reduce" to "buy" and raised the target price to Rs 390 from Rs 360 with an eye on the rise in commodity prices.
Premji Invest eyes $50-$70 million investment in Canva
Wipro founder chairman Azim Premji’s fund Premji Invest may invest $50-$70 million in Australian graphic design platform Canva
Volta's bulls' persistence pays off, Inspirisys minority shareholders seek a pound of flesh, Reliance Power back in focus
Voltas shares have been on a roll of late. Conviction in the stock seems to have gone up in the last couple of sessions after the company surprised the Street with a strong operating performance in the March quarter. The proprietary desk of the Pearl brokerage had been steadily accumulating stock for HNI clients over the last few months even as most analysts tracking the sector were skeptical.
Lok Sabha polls phase 1: Who are the 5 richest candidates?
Nakul Nath, the son of former Madhya Pradesh chief minister Kamal Nath, is the richest candidate contesting in the first phase of the Lok Sabha election, the Association for Democratic Reforms (ADR) has said. Nath, who is contesting from the Chhindwara constituency, has declared assets worth Rs 716 crore in his election affidavit.
Analyst Call Tracker: Optimism distributed across sectors in March; time for selective stock picking
Dalal Street ended FY24 on a high note, entering the new fiscal with little worry and much hope. Benchmark indices Nifty and Sensex, and Bank Nifty, made new highs, unperturbed by concerns of "froth" flagged by SEBI. The indices ended the year very close to their respective all-time highs, amid mild bouts of volatility but none too much to spook the new breed of investors that has so far stood resilient in the market.
Apple's India iPhone output hits $14 billion
Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on April 10.
Supreme Court orders Reliance Infrastructure subsidiary to refund Rs 8,000 crore paid by DMRC
The Supreme Court has allowed the curative petition filed by Delhi Metro Rail Corporation (DMRC) that had challenged an earlier arbitral award directing it to pay Rs 8,000 crore to Delhi Airport Metro Express Private Limited (DAMEPL), a subsidiary of Reliance Infrastructure.
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