Unlike some of the soft drinks majors, for beer makers, cans are not a worry, but bottles are. Bottles, which make up for as much as 40-45% of the cost, and are used in nearly 80% of the sales are in short supply, prompting companies to seek a 15-20% increase in prices and release of…
Markets regulator Sebi is planning to allow online bond platforms to offer debt securities that are regulated by the IFSCA in GIFT City to investors in India. This means if the proposal is approved by the regulator, investors in India will be able to invest in foreign bonds listed on the bourses in the GIFT…
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)….
Top stocks to buy (AI image) Stock market recommendations: Mehul Kothari, DVP – Technical Research at Anand Rathi Shares has recommended Castrol India, Concord Biotech, and Intellect Design Arena as the top stocks to buy today, May 6, 2026.Castrol India Ltd – Harmonic Completion with Momentum ConfirmationBuy: ₹186–₹180 | Stop Loss: ₹166 | Target: ₹214Castrol…
US stock markets surged on Wednesday while oil prices plunged sharply as investors bet on a possible breakthrough in US-Iran negotiations that could reopen the Strait of Hormuz and restore global crude supplies, AP reported.The S&P 500 climbed 0.8 per cent and headed towards another record close. The Dow Jones Industrial Average rose 487 points,…
US ambassador to India Sergio Gor on Wednesday said Indian companies are planning to invest over $20.5 billion in the United States across multiple sectors, highlighting a surge in bilateral economic engagement under President Donald Trump.“Under President Trump’s leadership investment is flowing back into the United States at record levels! Indian companies plan to invest…
Reliance Industries has begun discussions with the Department of Telecommunications (DoT) to support the process of securing orbital slots. (AI image) Mukesh Ambani-led Reliance Industries is exploring a major foray into satellite communications space, looking to invest billions in low earth orbit (LEO) satellites – a space that is currently dominated by Elon Musk’s Starlink….
Piyush Goyal and Yeo Han-Koo (File photo) India and South Korea are likely to hold negotiations on May 25 to review their Comprehensive Economic Partnership Agreement (CEPA), amid India’s push to address concerns over the widening trade deficit with Seoul, PTI reported.The CEPA between the two countries came into force in January 2010. “The officials…
We see the current rebound in Gold to extend towards the initial resistance of $4,700 and then reverse the course, says Anand Rathi Shares and Stock Brokers. (AI image) Gold price prediction today: Any upside in gold and silver prices may face resistance at higher levels, says Vedika Narvekar, Research Analyst – Commodities & Currencies,…
Samsung Electronics saw its market value surge past the $1 trillion mark for the first time on Wednesday, riding a powerful wave of demand for artificial intelligence (AI) chips.The rally comes as the global race to build AI infrastructure accelerates, boosting chipmakers that supply high-performance memory and processors.Samsung has emerged as a key player in…