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Engineering, cement, autos remain top cyclical bets; IT turns attractive: ASK’s George Joseph
Managing nearly $1.21 billion in assets as of April 30, ASK Investment Managers is turning positive on large-cap IT despite worries around AI disruption, says CIO & CEO-Equity George Joseph. He believes fears over AI replacing Indian IT firms are exaggerated, as these companies will continue to play a critical role in system integration and enterprise tech rollouts. ASK has remained constructive on sectors such as engineering, capital goods, cement, autos, banking & financial services, and commodities, seeing them as beneficiaries of the ongoing cyclical uptrend. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Manulife's Rana Gupta sees long-term opportunity in defence and platform businesses
Rana Gupta, Senior Portfolio Manager and India Equity Specialist at Manulife Investment Management, says Indian platform companies, defence plays, and infrastructure stocks are set for significant earnings growth by FY28–29, even as near-term oil price pressures and margin risks weigh on consumer durables, EMS, and travel-related sectors.
Buyback boom gains pace as firms deploy excess cash; tech, pharma may lead: Equirus Capital
Bhavesh Shah, Managing Director and Head of Investment Banking at Equirus Capital, expects cash-rich companies, particularly in the technology and pharma sectors, to lead the next wave of buybacks, while promoter taxation could shape capital allocation decisions.
LTM offers to acquire Randstad's Tech & Consulting Services biz in Europe, Australia for €160 million
The transaction is subject to information-consultation processes with relevant Works Councils, followed by the execution of definitive agreements and the receipt of necessary regulatory approvals, including foreign direct investment and anti-trust clearances.
Magellanic Cloud and Rayonix Tech jointly incorporate SPV 'MCRAY'
Magellanic Cloud and Rayonix Tech has jointly incorporated a Special Purpose Vehicle (SPV) in the name of MCRAY XTEND INDIA (MCRAY). The SPV has been incorporated in furtherance of the Strategic Investment and Collaboration Agreement executed between the Company and Rayonix Tech for carrying out activities relating to unmanned aerial vehicle (UAV) technology, defence technology solutions, manufacturing, deployment, and other allied business operations.
Rapido raises $240 million in primary funding led by Prosus, valuation at $3 billion
Rapido raises 240 million dollars led by Prosus, valuing it at 3 billion dollars, plans expansion in Tier 2 plus markets, tech investment, and support for driver partners
Paytm, Urban Company among 10 companies with highest FII shareholding in Q4. Check full list
Foreign investors are showing interest in select Indian companies. Despite a significant outflow from Indian equities, some firms have attracted substantial FII investment. Le Travenues Technology leads with the highest FII stake. Other notable companies include 360 One WAM, Redington, CarTrade Tech, and Agarwal's Health Care.
Future Female Forward | Women don’t lack investing skills, they lack awareness: Franklin Templeton India
Franklin Templeton India President Avinash Satwalekar said women across urban and rural India are already making financial decisions through household budgeting, but limited awareness and access continue to keep many away from formal investment products such as mutual funds.
Dipan Mehta on Kaynes, Airtel, MTAR: Why corrections could be buying opportunities
Dipan Mehta, Director at Elixir Equities, believes sharp corrections in quality growth stocks can create buying opportunities, even after disappointing earnings. He remains positive on Kaynes Technology India despite weak quarterly numbers, citing a strong order book and semiconductor plans. He also likes Bharti Airtel and remains optimistic about AI-focused firms like Fractal Analytics and renewable energy player CleanMax Enviro Energy Solutions. Disclaimer: The views and investment tips expressed by investment experts on CNBC-TV18.com are their own and not those of the website or its management. CNBC-TV18.com advises users to consult certified experts before making any investment decisions.
Aditya Birla group, KKR left in race for Sprng Energy
Aditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negotiate with the top two contenders next week. India's National Investment and Infrastructure Fund and Actis are out of the running. The deal could be worth around $2 billion. Shell is reviewing strategic options for Sprng Energy.
Invasset PMS’ Anirudh Garg sees power stocks leading market recovery, avoids IT and lenders
Crude prices, rupee pressure and FII selling remain key concerns for equities, according to Invasset PMS’ Anirudh Garg. He expects mid- and smallcap stocks to outperform but stays cautious on lending financials and urban consumption. Garg also flagged AI disruption risks for Indian IT, while highlighting rising power demand from data centres as a long-term opportunity. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
CleanMax shares in focus after bagging a ₹100 crore investment from Apple for clean energy initiatives
Apple will invest ₹100 crore with CleanMax for 150 MW renewable energy in India, and partner with WWF-India and Acumen on plastic waste, green startups and its 2030 carbon neutral goal