Tata Steel's EBITDA met expectations, with volume growth aided by capacity and seasonal factors, says CLSA, while Jefferies highlights UPL's strong EBITDA growth and improved balance sheet. Nomura notes ABB's below-consensus numbers, but decent order inflows. HSBC upgrades IIFL Finance anticipating earnings recovery, while Motilal Oswal is bullish on Jindal Stainless, projecting sustainable growth and deleveraging.
Related news
After much anticipation, Peppa Pig's family has welcomed a new member, Evie. The arrival was celebrated with royal-inspired fanfare, complete with a town crier and official birth certificate. Mummy Pig shared the emotional significance behind the name, revealing it was chosen in honor of her Great Aunt, while also highlighting its meaning of 'life' and 'living one'.
JD Vance praised Elon Musk on the Joe Rogan show, stating, "You can't say he's a dumb**s," prompting laughter. Musk shared the clip on X, responding with "Lmao," which quickly went viral, garnering over 16 million views. X users reacted positively, with many praising Vance's humor and Musk's wit.
The Delhi government has issued a Covid advisory, urging hospitals to prepare for a potential surge. This action follows a rise in cases across multiple states in India and a resurgence in parts of Asia. While cases remain mild, experts advise precautions like mask-wearing and vaccination, especially for vulnerable populations, due to waning immunity and new sub-variants.
Donald Trump is pressuring Apple to manufacture iPhones for the US market in America, threatening a 25% tariff if they don't comply. Despite this, Apple is reassuring India of its continued investment, with Foxconn expanding its Indian operations. However, it is doubt that if US iPhone production would feasible, since the move could disturb the pricing and supply chain for Apple.
Following a tariff truce between the US and China, Apple is reassessing its ambitious Indian expansion plans, particularly those dedicated to supplying the US market. This review comes after Trump's directive against sourcing iPhones from India for US consumption, despite Apple's prior commitment to invest heavily in American manufacturing and job creation.
As IPL 2025 nears its playoff stage, Royal Challengers Bengaluru leads with 17 points, needing just one more win to secure their spot. Gujarat Titans are also well-positioned, while Punjab Kings require one victory from their remaining matches. Mumbai Indians face a must-win situation in their two remaining games. With multiple teams still in the hunt, the final week promises high-stakes drama and potential surprises.
President Trump claimed to have played a role in easing tensions between India and Pakistan through trade, following India's 'Operation Sindoor' in response to a terror attack. Speaking at the White House's Oval Office during a meeting with South African President Cyril Ramaphosa, Trump said, "If you take a look at what we just did with Pakistan and India. We settled that whole, and I think I settled it through trade."
Nusraat Faria, the actress who portrayed Sheikh Hasina in the biopic "Mujib: The Making of a Nation," has been arrested at Dhaka airport. The arrest is linked to an attempted murder case filed during anti-government protests in August 2024, which led to the fall of Sheikh Hasina's government. Faria was reportedly attempting to travel to Thailand when she was apprehended.
The Supreme Court is set to hear Madhya Pradesh minister Vijay Shah's plea challenging a high court order to file an FIR against him for remarks about Colonel Sofiya Qureshi during 'Operation Sindoor' briefings. The apex court previously admonished Shah for his statements, emphasising the need for restraint in public discourse, especially for those in constitutional positions.
Suresh Raina advocates for Virat Kohli to receive the Bharat Ratna, recognizing his significant contributions to Indian cricket. Raina emphasized Kohli's achievements and impact on the nation's cricketing landscape, urging the Indian government to bestow the prestigious award upon him. Kohli recently retired from Test cricket, marking the end of an era.