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The future of Ford’s business in India is unclear as it has struggled for more than two decades to grow in the world’s fourth-largest auto market. “The company is actively evaluating its businesses around the world, including in India,” Ford said a statement.
Morgan Stanley ups target price on SBIThe brokerage said SBI reminds it of China Merchants Bank (CMB), which has shown consistent improvement in its retail franchise compared to the country’s other public sector banks.
from Stocks-Markets-Economic Times https://… Read More‘IT to log 10% annual growth to hit $350b revenue in 5 yrs’The report said that to achieve the expected growth, there will have to be “multiple concerted actions” by the industry which will include investment by the Indian service providers in building and scaling digital technologie… Read MoreBitcoin ETF roars in debut with $165 million of trading volumeAfter a relentless surge in the world’s largest digital currency, the first Bitcoin product that’s officially labeled an exchange-traded fund debuted Thursday in Toronto.
from Stocks-Markets-Economic Times https://ift.tt/3b… Read MorePower companies’ shares rally as PM Modi vows to delicense distributionShares of Bharat Heavy Electrical Ltd closed 7.3% higher on the BSE on Thursday while Torrent Power scrip ended the day 8% up while government officials held a series of meetings with industry captains and associations on the… Read MoreUp close & local: Wall Street’s algo big shots bet on IndiaHigh-frequency traders thrive in active markets with a wide set of participants and narrow bid-ask spreads. Typically, brokerages employ tools such as fundamental stock and technical analyses, along with algorithms, to trade.… Read More
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