Canara Bank

Canara Bank share price target: Will this PSU banking stock rally more after Q4 results?

Canara Bank’s performance for the March quarter met market expectations, with its net interest margin (NIM) showing a slight expansion despite a rise in the cost of funds. This was attributed to the bank’s strategic approach of gradually restructuring its exposure to older, low-yielding corporate assets. By either renewing these assets at current market rates…

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ICICI Bank becomes the second lender and fifth Indian corporation to reach Rs 8 lakh crore in market capitalization.

ICICI Bank Ltd, India’s second-largest private lender, witnessed a significant surge in its market capitalization, crossing the Rs 8 lakh crore milestone on Monday. This milestone was propelled by a remarkable rally in its shares, which soared over 4 percent to reach a new 52-week high of Rs 1,155.65 on the NSE. The stock’s upward…

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BMW and Tata Technologies Joint Venture

BMW and Tata Technologies Joint Venture For Developing Automotive Software

BMW Group and Tata Technologies have announced a historic joint venture, a strategic move that highlights India’s rising popularity as a software development hub for the automotive industry. As they prepare to lead the way in automotive software development, particularly in the areas of automated driving and dashboard systems, this partnership represents an important turning…

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US Department of Justice Sues Apple for Antitrust Violations

Apple Stock Drops After US Department of Justice Sues for Antitrust Violations

The U.S. Department of Justice (DOJ) filed a complaint against Apple Inc. (AAPL) on Thursday, claiming the tech giant violated antitrust laws with its strict iPhone and App Store restrictions. This is a huge development that has sent shockwaves across the tech industry. Concerns regarding Apple’s dominance in the smartphone industry and its control over…

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HUL Considering Ice Cream Division Demerger: Will it Enhance Value?

Hindustan Unilever Ltd. (HUL), India’s leading consumer goods manufacturer, finds itself at a crossroads as it evaluates the fate of its ice cream division amidst its parent company’s restructuring endeavors. Analysts weigh in on the potential implications of retaining or divesting the business, offering insights into the company’s strategic considerations and market dynamics. The ice…

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