Second order effectAs Vodafone begins repaying the money it owes various parties, including the government, some HNIs have resumed loading up on shares of Indus Towers. The Silent Investor is said to be leading the charge of the bull brigade, having bought some more stock last week. It is not clear yet how much of Indus’s dues will be cleared by Vodafone in the foreseeable future.  Analysts are...

Shares of Amber Enterprises surged 5.7 percent on March 22 after global brokerage firm CLSA shared a “buy” rating on the counter amid attractive valuations, raising the target price to Rs 4,300, implying an upside of over 19 percent from the current level.The stock of the white goods maker has surged over 13 percent this year against a 0.7 percent rise in the benchmark Sensex. The stock hit a ...

Actor Johnny Depp won more than $10 million in damages on Wednesday, achieving a near-total victory in a defamation suit against ex-wife Amber Heard to cap a six-week trial featuring graphic testimony about the stars’ soured relationship. A seven-person jury in Virginia also ruled for Heard on one counterclaim against Depp.The “Pirates of the Caribbean” film star depicted the decision as a v...

Axis Securities has buy call on Amber Enterprises India NSE -0.86 % with a target price of Rs 3690. The current market price of Amber Enterprises India is Rs 3170.05. Time period given by analyst is one year when Amber Enterprises India Ltd. price can reach defined target.Amber Enterprises India Ltd., incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 10710.23 Crore) ...

Industry body PHDCCI on Wednesday suggested the rationalisation of direct and indirect tax rates to boost consumption in the economy and enhance the tax base. In its pre-Budget recommendations, PHDCCI President Pradeep Multani said refuelling of consumption demand should be the theme of the Budget to have a multiplier effect on production possibilities, private investments and employment creation ...