CLSA has an outperform rating on Jindal Steel with the target price at Rs 1,420. Analysts said the company’s Jan-March quarter (Q4FY26) adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) was slightly higher than estimates, mainly on higher volumes that rose 23% on the year (YoY) with adjusted EBITDA/tonne of Rs 10,103 (+Rs 3,100/t)….
Professional investors are reshuffling portfolios as crude oil surges past $100 a barrel , rotating into sectors tied to commodities while adding hedges against the risk that geopolitical tensions could trigger a broader economic shock. The jump in energy prices tied to the Middle East conflict is prompting money managers to rethink positioning. Many say…
KOLKATA: Police locked down neighbourhoods within a 200-metre radius of all seven designated EVM strongrooms in the city Friday after Trinamool Congress’s allegations of vote tampering triggered overnight confrontations with BJP at two locations.Prohibitory orders issued by police commissioner Ajay Nand under Section 163 of BNSS bars assembly of five or more people, processions and…
NEW DELHI: Letting a pet dog roam without a leash in public places could become expensive in Delhi, with a penalty set to rise from Rs 50 to Rs 1,000 under proposed amendments to municipal laws.The change is part of the Jan Vishwas (Amendment of Provisions) Bill, 2025, introduced in the Lok Sabha on Friday…
The Ethereum Foundation staked roughly $93 million in ether (ETH) on Thursday in several batches, bringing its total staked position to approximately $143 million and nearly completing the 70,000 ETH staking target it announced in February, according to Arkham data. The total deposit of 45,034 ETH was split into uniform chunks of 2,047 ETH, each…
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NEW DELHI: Microsoft founder Bill Gates on Thursday pulled out of AI Impact Summit and not be delvering his keynote address.Originally, Gates was supposed to be one of the primary speakers at the event. However, Gates faced flak after his name appeared in portions of Epstein files released by the US justice department.In a post…
A US court has given its final approval for the proposed settlement of class action lawsuits against Infosys McCamish, according to a BSE filing by Infosys on Saturday.Under the proposed terms, Infosys McCamish Systems had agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits related to a cybersecurity…
