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Emkay Global has downgraded ACC to sell due to weak margin trends and slower capex execution with the target price cut sharply to Rs 1,600 from Rs 2,280. Analysts said that ACC’s valuation revised to 7x EV/EBITDA (economic value/earnings before interest, taxes, depreciation and amortisation from 9x given deteriorating fundamentals. They have cut ACC’s FY27…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks investors can consider buying today on November 25, 2025 are: Bajaj Auto, L&T Finance, and Tech Mahindra. Let’s take a look: Bajaj Auto – Buy in the range between…
MUMBAI: Benchmark sensex declined by 331 points and Nifty closed below the 26,000 mark on Monday amid last-minute selling by cautious investors and foreign fund outflows.Paring early gains, the 30-share BSE sensex declined by 331 points to settle below 85,000 at 84,901. During the day, it dropped 522 points to 84,710. The 50-share NSE Nifty…
MUMBAI: Non-bank finance companies are likely to maintain growth in assets under management at 18%, despite a cautious approach on lending in certain buckets due to high customer leverage, Crisil Ratings said on Monday. The overall AUM for the industry is expected to touch Rs 50 lakh crore by end of FY27 on the back…
The launch of Parisian luxury department store Galeries Lafayette earlier this month in Mumbai pits it against Reliance Industries‘ Jio World Plaza, a mall which houses boutiques of more than a dozen luxe brands like Gucci and Dior, taking competition between the two corporate biggies notches higher.Galeries Lafayette operates in India in partnership with the…
NEW DELHI: Air India passengers will feel the “most significant change from experience perspective” in 2026, when the Maharaja enters his fifth year of return to founder Tata Group. Global supply chain issues have meant the airline continues to wait longer than originally expected for the planes ordered by it and also for revamping of…
MUMBAI: The rupee strengthened against the US dollar on Monday after RBI stepped in to stabilise the exchange rate, helping the currency recover from its record low last week.The rupee closed at 89.23, gaining 25 paisa after touching 89.49 on Friday, and remains one of the weaker Asian performers this year with a decline of…
NEW DELHI: Govt is set to introduce major changes in the Model Concession Agreement (MCA) to de-risk private investments and safeguard lenders’ exposure in highway sector.The revised provisions, to be notified within a fortnight, include revenue support and extension of tolling periods in cases where actual traffic falls below projections, buyback of projects where traffic…
Amazon on Monday announced a $50-billion investment to expand artificial intelligence and supercomputing capacity for the US government, positioning itself as a central player in developing customised AI technology for federal missions.In a statement, the company said the initiative will give US agencies access to advanced machine-learning services, AI chips and software-development tools supporting areas…
The new codes aim to increase women’s employment opportunities, ensure worker safety, extend social security benefits to gig workers. (AI image) New labour codes 2025: The government has introduced what experts are calling a significant reform in labour laws by implementing four comprehensive labour codes from November 21, 2025. The new labour codes impact both…
