Markets
Infosys continues to reel after CEO exit, Sensex little changed
The market capitalisation of Infosys at ₹2.12 lakh crore has slipped sharply and now stands below the combined market capitalisation (₹2.62 lakh crore) of next two frontline companies, Wipro and HCL Technologies, thanks to Vishal Sikka's exit as MD & CEO. [Full Article...]
Aamir Khan: Amit Trivedi is a really talented composer
Aamir Khan's next, " Secret Superstar " has the audience curious about the story of a young girl played by Zaira Wasim who wants to become a singer but faces oppression from her father. The song is about how she is finding to try her identity and she puts it across beautifully in this song. Aamir Khan's superhit Taare Zameen Par , which was based on a dyslexic child Ishaan (Darsheel Safari... [Full Article...]
Rentokil Initial plc (RTO) Given Consensus Rating of "Buy" by Brokerages
BP PLC had 350 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, March 3 with "Outperform". TRADEMARK VIOLATION WARNING: "Rathbone Brothers plc (RAT) Rating Reiterated by Numis Securities Ltd" was published by StockNewsTimes and is the property of of StockNewsTimes. [Full Article...]
Has $395000 Position in Ritchie Bros. Auctioneers Incorporated (RBA)
The company is known for their innovative auction methods, attention to detail and their total commitment to the unreserved auction. COPYRIGHT VIOLATION NOTICE: "Ritchie Bros". COPYRIGHT VIOLATION WARNING: This story was first published by Week Herald and is the property of of Week Herald. If you are accessing this story on another publication, it was copied illegally and republished in violatio... [Full Article...]
China's Great Wall Motor plans Fiat Chrysler purchase
It follows earlier reports that Great Wall had asked to meet Fiat executives to discuss buying its Jeep brand. The report cited an email from Great Wall President Wang Fengying saying her company was "connecting with FCA" to begin negotiations. [Full Article...]
Rathbones and Smith & Williamson in talks over merger
Rathbones said the two companies were in exclusive discussions with Smith & Williamson over an all-share merger, as first reported by the Sunday Times . A combined group would have well over £50bn in AUM or advice, with 3,000 people employed across the two companies. In a separate note, analysts at Cantor Fitzgerald said: "The cultural fit looks to be good with both overlap in activities (pri... [Full Article...]
Merger of AIADMK factions likely today
Paneerselvam has said he will go to the AIADMK headquarters only after ouster of VK Sasikala . On August 10, the EPS faction passed a resolution cancelling the appointment of T T V Dhinakaran as party deputy general secretary. Other ministers indulge in the AIADMK-patented style of sycophancy at the Jaya memorial even as Sasikala makes no attempt to stop them from doing so. [Full Article...]
Fortescue Metals profit jumps; flags dividend rise
Chief executive officer Nev Power said the whole Fortescue team delivered outstanding results against the company's key safety, production and cost targets. The miner is targeting further cost cuts but plans to keep its iron ore shipments steady at around 170 million tonnes in 2017/18 to avoid flooding the market. [Full Article...]