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Stocks To Buy: HSBC bets on this 'consensus buy', projects 32% upside
Max Financial Services is a "consensus buy" on the street, with all 30 analysts covering the stock having a "buy" recommendation on the same. The consensus price target of ₹2,063, implies an upside potential of 29% from current levels.
NSE to route 10% of CSR spending through Social Stock Exchange after regulatory green light
NSE will channel 10% of its annual CSR corpus through the Social Stock Exchange, becoming an early institutional adopter of the platform. The move follows regulatory changes permitting CSR spending via SSE-listed instruments and aims to boost transparency, accountability and funding for social impact projects.
Zojila Tunnel Breakthrough Achieved! How All-Weather Connectivity Will Transform Srinagar-Ladakh Travel
The tunnel is considered one of India's most challenging infrastructure projects.
Jefferies raises Titagarh Rail target price by 23%. Check upside potential and key triggers
Titagarh Rail Systems shares rose after Jefferies increased its target price. The brokerage noted a strong quarter and improving execution. Titagarh is set to benefit from government infrastructure projects. The company expects to deliver more coaches and trains in the coming years. Margins improved significantly in the March quarter. Wagon sales saw a decline but are expected to stabilize.
The case against listing Tata Sons, from one of Noel Tata’s closest advisers
As pressure mounts for Tata Sons to go public, group veteran Farokh Subedar warns that it could fundamentally alter the freedom to invest in long-gestation projects.
Power storage VGF of Rs 15,000 crore in works
India is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects. This initiative involves an outlay of around ₹15,000 crore. The plan includes battery storage, pumped storage, and new technology systems. This move aims to enhance energy security and grid stability across the nation.
Mphasis To Ride AI Wave With New Platform 'Trai', Unveils Two New Product Lines
Alongside Tria, Mphasis also introduced two product lines — "Mphasis Modernize" and "Mphasis Optimize" — through which the platform will be deployed in enterprise transformation projects.
Godrej Properties Awards Its Biggest-Ever Single Contract To Tata Projects In Gurgaon — Details Inside
The partnership also marks the first-ever collaboration between Godrej Properties and Tata Projects, bringing together two of India's most recognised brands.
Godrej Properties partners Tata Projects for Rs 1,100 crore luxury construction contracts in Gurugram
Godrej Properties has awarded Tata Projects construction contracts worth ₹1,100 crore. These projects are for three luxury residential developments on Gurugram's Golf Course Road. This marks the largest single construction contract for Godrej Properties. The collaboration aims to enhance execution quality and delivery timelines. Tata Projects brings its large-scale execution capabilities to these premium projects.
HCL Tech Warns 43% Enterprise AI Initiatives May Fail, Leaders Facing Shrinking Timelines
HCLTech warns 43% of enterprise AI projects may fail despite rapid adoption growth.
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh funding
Banks have asked the Reserve Bank of India to relax new lending rules for Infrastructure Investment Trusts. The proposed three-year operational track record requirement could delay infrastructure monetisation and new project funding. Lenders prefer asset quality over trust age for financing eligibility. This change aims to ensure smoother fund recycling and attract global investors for new infrastructure projects.
Railway Board pulls up zones over poor pace of environmental initiatives, orders fast-track efforts
Indian Railways is pushing for faster execution of environmental projects. The Railway Board has urged all zones to complete these initiatives effectively and on time. This is crucial for achieving the goal of becoming a Net Zero Carbon Emitter by 2030. A significant fund was allocated last year, but progress has been slow.