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US Supreme Court rejects Tata challenge to $168 million award in trade secrets case
US Supreme Court rejects Tata Consultancy Services appeal, leaving DXC Technology 168 million trade secrets award over life insurance software theft allegations
Stocks in news: Ola Electric, Eicher Motors, Axis Bank, Anant Raj, Wipro
Markets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. Ola Electric approved its QIP issue, Eicher Motors reported a 15% sales rise, and Axis Bank increased its stake in Axis Max Life Insurance.
Standard Chartered likely to exit ICICI Pru Life bancassurance tie-up; may join Bharti Life Insurance
Sources said the bank currently contributes around 5% to ICICI Prudential Life’s annualised premium equivalent (APE) and about 6% to its retail APE.
SBI Life, Power Grid, consumer stocks: Why HDFC Securities' is buying into all three right now
Unmesh Sharma, Head of Institutional Equities, HDFC Securities, holds an overweight on SBI Life at 120 bps in his model portfolio. On IT, he has moved from underweight to neutral, calling valuations below 20x a buying opportunity. Private banks trading below 2x price-to-book are a strong aaccumulation he says. Consumer names — Asian Paints, Crompton, Sobha — are turning interesting after valuation correction. Power Grid Corporation carries a 2% overweight, with transmission its cleanest play on India's power theme.
Enduring wealth, lasting wellness. People in India are living longer. Are they also living well?
India's rising life expectancy faces a longevity paradox, with increased years not always translating to good health, compounded by rising medical inflation and low insurance penetration. Standard Chartered is bridging this gap by integrating health and wealth management through partnerships with Niva Bupa and WHOOP, focusing on proactive wellness and curated experiences for affluent clients.
Trade Spotlight: How should you trade NMDC Steel, Aditya Birla Fashion, Lodha Developers, RBL Bank, HDFC Life Insurance, and others on May 8?
Consolidation with range-bound trading is likely to continue until the indices trade below the April high. Below are some short-term trading ideas to consider.
Buzzing Stocks: LIC falls 3% on CFO resignation; Lodha Developers, Emcure Pharma gain on block deals
Share price of Life Insurance Corporation slipped nearly 3 percent after its Chief Financial Officer (CFO) Sunil Agrawal resigned from the post, effective July 14.