The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
starlink poised to dominate satellite capacity in india with massive throughput
Elon Musk's Starlink is set to revolutionize satellite connectivity in India, potentially offering 80-90 times the capacity of competitors like Reliance Jio-SES and Eutelsat OneWeb. With a few terabytes per second of data throughput, Starlink awaits regulatory approvals to commence operations, planning to establish gateways in Mumbai, Pune, and Indore. The company aims to enhance satellite bandwidth in India, which is crucial for the growth of the satellite communication sector.
trai considers five year satellite broadband spectrum allotment for market assessment
TRAI is considering a five-year allotment of satellite broadband spectrum to evaluate market adoption, given the sector's nascent stage. This approach aims to provide a shorter license timeframe, allowing the government to monitor growth effectively. This development follows Starlink's collaboration with telecom giants Jio and Bharti Airtel to enter the Indian market.
Bharti Airtel sells majority stake in payments bank to Airtel Limited
Bharti Airtel has transferred a 69.94 percent stake in its Payments Bank to Airtel Limited. This strategic move reflects the company's ongoing efforts to streamline its operations and enhance its financial services portfolio.
bnpparibas sets target prices for major companies amid market challenges
Analysts at BNP Paribas have set target prices for several major companies, with Reliance Industries at Rs 1,650 and Tata Consultancy Services at Rs 4,750. They project a Nifty target of 25,500 for CY25, citing challenges like food inflation and rising US bond yields, while favoring large-cap stocks and banks due to strong earnings growth prospects. Other notable targets include HDFC Bank at Rs 2,550 and Bajaj Finance at Rs 10,000, amidst a mixed earnings outlook and a potential slowdown in Indian equities.
bnpparibas predicts market recovery with strong upside in select stocks
The BSE Sensex has dropped over 10,000 points, or nearly 12%, from its all-time high, reflecting challenging global and local market conditions. BNP Paribas Securities forecasts a potential 10% upside for the NSE Nifty 50 index by 2025, favoring sectors like private banks, IT, and telecoms, while expressing caution towards pharma and metals. Among its top stock picks, SBI Life Insurance stands out with a projected upside of over 70%.
ubs maintains buy rating on vodafone idea but cuts price target
UBS has maintained a 'Buy' rating on Vodafone Idea, despite cutting its price target from ₹19 to ₹13, reflecting a 32% reduction. The stock, trading at similar valuations to Airtel and Jio, shows an attractive risk-reward profile, with potential upside from relief measures on statutory dues. Meanwhile, UBS upgraded Indus Towers to 'Buy' with a target of ₹425, citing strong dividend potential linked to Vodafone Idea's network expansion.
stocks to watch airtel nestle mazagon dock indigo and exide
Airtel, Nestle India, Mazagon Dock, IndiGo, Exide, and Hyundai are among the key stocks to monitor ahead of Friday's trading session. Additionally, International Gemmological Institution Ltd. will attract attention as it makes its market debut on the same day.
gravita india completes institutional placement raising funds at discounted price
GIFT Nifty is nearing 23,900, with key focus on share prices of Bharti Airtel, Nestle, Mazagon Dock, and IndiGo. Gravita India Ltd. has successfully completed its qualified institutional placement, allocating 47.8 lakh shares at an issue price of Rs 2,096.2, reflecting a 5% discount to the floor price of Rs 2,206.49.
The S&P BSE Sensex plummeted nearly 1,000 points, hitting an intra-day low of 80,941.61, amid investor caution ahead of the US Federal Reserve's upcoming meeting. Key factors included a widening trade deficit of $37.8 billion and poor performance from heavyweight stocks like Reliance Industries and HDFC Bank. Despite the overall decline, midcap and smallcap stocks showed slightly better resilience, with only minor losses.
stock market crash sensex drops over 1000 points ahead of fed meeting
The stock market faced a significant downturn, with the BSE Sensex dropping over 1,000 points and the Nifty 50 declining by 1.4%. Key factors included investor caution ahead of the US Federal Reserve's meeting, fears of foreign institutional investor selling due to China's budget deficit plans, and weak global market cues. Among the major losers were HDFC Bank, Reliance Industries, and TCS, while only ITC and Hindustan Unilever showed gains in the Sensex.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.