UBS sets sights on fintech startups
UBS has been boosting its investments in India over the last few years. From initially focusing the country as a market, it is increasingly tapping India as a delivery location for its technology spend.
Investors prefer savings schemes & pension plans to risky bets: Survey
47% of those surveyed held a life insurance policy and 33% had plain-v...
UBS names ING chief Hamers to head Swiss banking giant
UBS, the world's largest wealth manager, lowered its medium-term profitability targets...
Gold holds near 2-week high on uncertainty over virus impact
Spot gold was little changed at $1,582.83 per ounce as of 0453 GMT.
Stocks in the news: Airtel, Nestle, Graphite India, Vodafone Idea, Aster DM, PCJ and SAIL
FMCG major Nestle India reported a 38.40 per cent increase in net profit at Rs 473.02 crore.
S&P 500, Dow clinch fresh highs as new coronavirus cases drop
Advancing issues outnumbered decliners by a 2.40-to-1 ratio on the NYSE and by a 2.01-to-1 ratio on the Nasdaq.
China stocks end higher for sixth day as new virus cases dip
The blue-chip CSI300 index gained 0.9 per cent.
Stock to buy: UBS, Morgan Stanley bullish on Bharti Airtel despite Rs 1,035 crore loss in Q3
UBS retained ‘Buy’ on Bharti Airtel with a revised price target of Rs 615.
Gold steadies as virus concerns stall stock markets
US gold futures were also up 0.1 per cent at $1,572.10 per ounce.
Embattled Credit Suisse chief Tidjane Thiam steps down
"The Board of Directors of Credit Suisse Group has unanimously accepted the resignation of Tidjane Thiam and appointed Thomas Gottstein as the new CEO of Credit Suisse Group," the bank said in a statement. Credit Suisse said Thiam would step down on February 14, a day after the presentation of the bank's fourth quarter and full-year results for 2019.
UBS turns bullish on earnings growth after 5 years
UBS estimates Nifty earnings could grow around 15 per cent in FY21-23 in its base case scenario.
UBS maintains buy on InterGlobe Aviation, raised target price to Rs 2,150
Third quarter revenues surpassed expectations on better load factor, yield and ancillary revenues, said UBS.
Palladium bulls refuse to blink with UBS flagging ‘sweet spot’
The speed and scope of the gains are surprising even the most seasoned market watchers.
UBS initiates buy on L&T Finance, price target Rs 165
The company will be a major beneficiary of the current liquidity crisis in construction finance in the long term, according to UBS.
LIC IPO a bigger privatisation agenda than piecemeal share sales: Gautam Chhaochharia
The global overhang is not supportive of Indian markets in the short term. In a day or two, the focus will shift away from Budget to other macro data prints as well as domestic earnings, says Head of India Research at UBS.
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