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Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL is deploying $15 billion annual operating cash flows with shorter monetisation cycles now the new norm. New energy and AI infrastructure flagged as key value drivers funded by existing businesses. Kutch land assets of 550,000 acres…
United Airlines will cut more unprofitable flights over the next two quarters as it braces for a prolonged period of elevated jet fuel prices linked to the war involving Iran. However, strong travel demand continues to allow US carriers to raise fares.In a staff memo on Friday, chief executive Scott Kirby said the airline is…
Zimbabwe’s ‘Castle Corner’ created a magic during their last Super Eight match against South Africa at the Arun Jaitley Stadium in New Delhi on Sunday (Picture credit: Tanuj Lakhina | TimesofIndia.com) NEW DELHI: The first tier of Gate 15 of the Arun Jaitley Stadium in New Delhi had a different vibe on Sunday. On the…
Techno Paints and Chemicals CMD Akuri Srinivas Reddy with Indian cricketing legend Sachin Tendulkar HYDERABAD: Paints manufacturer Techno Paints and Chemicals, a Hyderabad-based paints manufacturer, is planning to raise Rs 500 crore through an initial public offering (IPO) by 2026-27, its chairman and managing director Akuri Srinivas Reddy said on Saturday.He said the company will…
Fair trade regulator Competition Commission of India (CCI) has approved Sajjan Jindal-led JSW Paints’ plan to acquire a majority stake in Akzo Nobel’s India business in a Rs 12,915 crore transaction.JSW Paints had in June announced it would purchase a 74.76% stake in Akzo Nobel India for Rs 8,986 crore, followed by an open offer…
