High inflation print unlikely to dent market sentiment: Hemang Jani
Seeing a strong rebound across midcap and smallcap stocks, says Hemang Jani.
Abu Dhabi-based agency calls for clean energy investments to double
It estimated as much as USD 10 trillion worth of investments are planned ...
By 2030, 57% of global power demand should be met by renewables: IRENA
Strengthening the case for renewable energy, IRENA pointed to falling ...
Why Hemang Jani is betting on Airtel, Tech M and Biocon
We are looking at a 35-40% growth in the operating profit for Airtel. Biocon has its own growth story and there is no pricing pressure. We are expecting good strong numbers from Tech Mahindra as it is much cheaper than the rest of the IT companies. In medium to long-term, among cement stocks, Ramco, JK Lakshmi & UltraTech present good opportunities.
Avoid smaller banks and PSBs except for SBI: Hemang Jani
We should not try to move into smaller banks or PSU banks other than SBI just because they are cheap because the environment around us continues to be difficult. Stay with the quality where there is a growth visibility and a reasonably good asset quality. The focus will continue to be on HDFC Bank, ICICI Bank, SBI and Axis Bank.
Export basket including IT, pharma and metal stocks looks positive: Hemang Jani
The focus now will shift to earnings positive surprises and to the companies, better placed in terms of margins, etc., says Hemang Jani, Sen...
ASCEND Kerala 2020 attract Rs 1 lakh crore investment proposals
At the valedictory session of the event, he said Rs 32008 crore proposals were received at the event from 138 projects. Besides, Kerala infrastructure Fund Management Ltd. and Abu Dhabi investment Authority have also promised huge investment. The former has signed for one project but have earmarked Rs 8110 crore for six projects.
RInfra’s sale of Delhi-Agra toll road receives NHAI approval
Reliance Infrastructure will use 100 per cent of the proceeds from the sale to pay lenders .
OIC Play? Pakistan hosts Abu Dhabi Crown Prince
The Crown Prince was hosted exactly a week after Islamabad hosted Saudi Foreign Minister as it faces challenge in balancing ties with Arab World on one hand and Turkey-Malaysia on the other.
People opening up to quality midcaps, including NBFCs: Hemang Jani
For now, market to focus on the same bunch of performers in 2020 as well. People would continue to go for companies where there is some degree of growth visibility. Once we are witness to some sort of revival in the economy and risk appetite is back as also flows, you will see broader market participating in a big way.
Greenko set to buy into $1.5 bn Teesta Project in Sikkim
Greenko is making its boldest bet yet in hydel power, buying a chunk of Teesta Stage III in Sikkim, the largest private hydroelectric project in Asia, in a multi-phased transaction, people in the know said.
Ready to bet on Maruti, M&M for next couple of years: Hemang Jani, Sharekhan
We are seeing a bit of green shoots in the passenger vehicle category though the actual growth or the positive delta is not too good. One can take comfort from the fact that we are seeing a bit of revival. Maruti per se is looking good but I do not think the slowdown is really reduced in broader auto pack.
Iran's Qassem Soleimani and Iraq's Abu Mahdi al-Muhandis killed in US air strike
An Iraqi militia spokesman told Reuters, Qassem Soleimani, head of the elite Quds Force and Iraqi militia commander Abu Mahdi al-Muhandis were killed late on Thursday.
At least two rockets hit near US embassy in Baghdad: witnesses
Sunday's attack was the second night in a row that the Green Zone was hit and the 14th time over the last two months that US installations have been targeted. Ties between Iraq and the US have deteriorated after an American drone attack killed Iran's Major General Qasem Soleimani near the Baghdad international airport .
Iranian general traveled with impunity, until U.S. drones found him
Tracking Soleimani’s location had long been a priority for the American and Israeli spy services and militaries, especially when he was in Iraq. Soleimani often traveled with an air of impunity, as if he felt he was untouchable, officials said. One former senior American commander recalled parking his military jet next to Soleimani’s plane at the Irbil airport.
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