{
}
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Tesla's entry into the Indian market, marked by a new showroom in Mumbai, faces skepticism from local automakers like Tata and Mahindra, who believe they are well-positioned to compete. Analysts suggest that Tesla's premium pricing and the need for local production may hinder its impact, as Indian brands dominate the affordable EV segment. Despite the hype, significant challenges remain for Tesla to disrupt the entrenched market.
Bhavish Aggarwal has pledged an additional 5.88 crore shares of Ola Electric to secure debt for Krutrim. This move underscores his commitment to supporting the company's financial obligations while navigating the challenges in the electric vehicle sector.
Forty-one Egyptian companies have formed the Arab Alliance for Industrial Investment to enhance exports and engage in reconstruction projects across Arab markets, starting with Libya and expanding to Iraq and the UAE. The initiative aims to provide investor support services and capitalize on growing economic ties, particularly in Iraq, which seeks significant foreign investment for reconstruction efforts. Additionally, a proposed USD 27 billion development project in Gaza aims to improve living conditions and reduce tensions in the region.
Deutsche Bank has lowered its price target for Schaeffler AG to EUR4.00 from EUR4.50 while maintaining a Hold rating, following the company's Q4-24 earnings report that fell in line with preliminary warnings. The guidance, seen as conservative, reflects challenges in the Automotive and Industrial sectors and emphasizes the importance of the e-mobility division for mid-term growth. Despite disappointing cash flow expectations, Schaeffler's management has proposed a dividend of EUR0.25 per share, citing strong adjusted free cash flow generation.
Deutsche Bank has lowered its price target for Adidas AG to €280 from €300 while maintaining a Buy rating, citing the company's operational efficiency and strong earnings momentum. Despite a flat share price since April 2024, Adidas has shown a 27.6% total return over the past year and is expected to lead in sales and EPS growth into 2025. Analysts also noted a significant fourth-quarter revenue increase of 24% year-over-year, alongside plans to cut up to 500 jobs at its German headquarters to streamline operations.
At MWC Barcelona 2025, Huawei launched the "ISP Business Success Driven by RAMS" white paper, introducing an intelligent RAMS architecture designed to enhance ROI and service stability for ISPs and MSPs. This framework addresses the challenges of digital transformation by integrating cloud, network, and AI technologies, enabling scalable and reliable intelligent networks. Additionally, Huawei partnered with Brazil GIGA+ to showcase innovative solutions for home broadband and enterprise networks, reinforcing its commitment to advancing the ISP/MSP sector globally.
Deutsche Bank has lowered its price target for Capita Plc to GBP0.25 from GBP0.27 while maintaining a Buy rating. The adjustment follows Capita's 2024 financial results, which showed an 8.0% revenue decline but a 5.5% increase in operating profit to £95.9 million, aided by cost-saving measures. Despite varied sector performance, the company reduced its net financial debt significantly, ending the year with a free cash outflow of £122.3 million.
IG Group Holdings plc, a UK-based financial technology firm, provides online trading platforms and a comprehensive education ecosystem. Its offerings include OTC leveraged derivatives like CFDs and options, as well as exchange-traded derivatives through its Spectrum MTF. With access to over 19,000 financial markets, the company serves clients globally from its offices across multiple regions.
A report by IG Prime reveals that 24% of institutional investors are considering switching hedge funds due to concerns over risk management, poor performance, and fund size. While 76% plan to stay with their current funds, many are seeking smaller managers or larger, more capable ones, with a preference for stock trading and multi-strategy funds. Hedge funds achieved an average return of 11% in 2024, but have only returned 1.3% year-to-date in 2025.
Aramark's CFO, James Tarangelo, will participate in the UBS Global Consumer and Retail Conference on March 13, 2025, at 10:00 a.m. ET, featuring a Fireside Chat session. A live audio webcast and replay will be available on Aramark's Investor Relations website, enhancing accessibility for investors.
Corporate News
SubCategory
Tesla enters Indian market amid skepticism from local automakers
United States Dollar
Indian Rupee
Mahindra & Mahindra Ltd.
CHN
IND
USA
Rajesh Jejurikar
Sajjan Jindal
Anand Mahindra
Elon Musk
Show more
15:14 06.03.2025
bhavish aggarwal pledges ola electric shares to secure krutrim debt
15:01 06.03.2025
Egyptian companies unite to boost exports and support regional reconstruction efforts
United States Dollar
Elsewedy Electric S a E
ARE
IRQ
USA
EGY
LBY
Donald Trump
Steve Witkoff
Mohamed El Bahi
Hisham Talaat Moustafa
Show more
14:46 06.03.2025
Deutsche Bank lowers Schaeffler stock target amid cautious earnings outlook
14:33 06.03.2025
Deutsche Bank lowers Adidas price target while maintaining buy rating
14:31 06.03.2025
huawei unveils ram architecture to enhance isp business success at mwc 2025
14:31 06.03.2025
Deutsche Bank lowers Capita stock target to GBP0.25 while maintaining Buy rating
14:30 06.03.2025
investors consider hedge fund switches based on risk and performance
14:26 06.03.2025
investors consider switching hedge funds due to performance and risk concerns
14:26 06.03.2025
aramark cfo to speak at ub s global consumer and retail conference
14:21 06.03.2025
Trending
Subcategory:
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Global Financial Events
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
European Securities and Markets Authority
Government Policies
CEO Changes
Financial Scams and Security
Private Equity Deals
Government Economic Policies
Domestic Politics
Central Bank Actions
Workplace Trends
Global Trade Developments
Market Analysis and Predictions
Countries:
Companies:
Currencies:
People:
DEUTSCHE BANK AG
Barclays plc
Natwest
UBS AG
Berkshire Hathaway Inc.
MERCK KGaA
Lloyds Banking Group plc
Hsbc Holdings B.V.
HSBC Holdings plc
Rheinmetall AG
Banco Santander SA
Standard Chartered
Delivery Hero SE
Huawei Technologies CO. Ltd.
Wells Fargo & Company
ING Groep N.V.
Unicredit
adidas AG
Google Inc.
Dell Technologies Inc.
United States Dollar
Euro
British Pound Sterling
Indian Rupee
Swiss Franc
Chinese Yuan
Hong Kong Dollar
Japanese Yen
South Korean Won
Canadian Dollar
Saudi Riyal
Australian Dollar
United Arab Emirates Dirham
Russian Ruble
South African Rand
Nicaraguan Córdoba
Indonesian Rupiah
Qatari Riyal
Pakistani Rupee
Egyptian Pound
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.