msmenews.sbs

All
FINANCE
BUSINESS

OPEC expects India’s oil demand to rise 3.4% in 2025, double the pace of China

AIMPWAMay 15, 2025

India’s oil demand is expected to grow at the fastest pace among major economies and double the rate of rise in China in 2025 and 2026, oil cartel OPEC said in its latest global outlook. India’s oil demand is projected to rise from 5.55 million barrels a day in 2024 to 5.74 million bpd in...

BUSINESS

Indian equity market to enter consolidation phase: Franklin Templeton India MF

AIMPWAMay 15, 2025

The fund house cautions that elevated levels of fresh equity supply could dampen near-term equity returns | Photo Credit: BalkansCat Franklin Templeton India Mutual Fund believes that the Indian equity market is likely to enter a consolidation phase rather than continue its recent momentum-driven trend, citing global uncertainties and sustained supply of new equity issuances...

Over 80% of key Indian reservoirs half empty

AIMPWAMay 15, 2025

Over 80 per cent of India’s 161 major reservoirs turned half empty this week, while the level in 70 per cent of them was below 40 per cent of the capacity, data from the Central Water Commission (CWC) showed. However, the storage was higher than last year and normal (past 10 years). According to CWC’s weekly...

Gold plunges ₹1,800 to ₹95,050/10 gm amid weak global demand

AIMPWAMay 15, 2025

Gold prices plunged ₹1,800 to ₹95,050 per 10 grams in the national capital on Thursday amid a decline in precious metal rates in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity slumped Rs 1,800 to Rs 94,600 per 10 grams (inclusive of all taxes). Gold...

BUSINESS

Broker’s Call: Tata Steel (Hold)

AIMPWAMay 15, 2025

Revenue from Indian operations increased 5 per cent on a quarterly basis at ₹34,700 crore, driven by a 6 per cent increase in sales volumes to 5.60 million tonnes | Photo Credit: FRANCIS MASCARENHAS Target: ₹145 CMP: ₹157.35 Tata Steel’s Q4FY25 profitability exceeded our expectations. Revenue rose 5 per cent quarter on quarter (qoq) at...

Broker’s Call: SJS Enterprises (Buy)

AIMPWAMay 15, 2025

Target: ₹1,307 CMP: ₹1087.35 During Q4FY25, SJS Enterprises reported a 7.3 per cent /7.2 per cent /24.1 per cent y-o-y increase in Revenue/EBITDA/PAT to ₹200.5 crore /₹51.0 crore /₹33.7 crore, respectively. During Q4, the company witnessed 9 per cent y-o-y growth in the automotive business compared to 5.7 per cent y-o-y growth in the automotive...

The investor experience at TechCrunch All Stage: One floor, infinite deal flow

AIMPWAJune 14, 2025

TechCrunch All Stage isn’t a waiting room for warm intros — it’s a floor full of founders, ideas, and breakout potential. For VCs, it’s a rare chance to skip the filters and meet the future of tech in one place, on one day, with no layers between you and the next standout story. Whether you’re...

Clay secures a new round at a $3B valuation, sources say

AIMPWAJune 13, 2025

Clay, a sales automation startup, has raised a Series C round at an approximate $3 billion valuation, led by Capital G, according to three sources with knowledge of the deal. Clay and Capital G didn’t respond to a request for comment. The new round comes just a month after the New York startup announced that...

Zevo’s EV-only car-share fleet is helping Tesla owners make money

AIMPWAJune 13, 2025

Hebron Sher remembers daydreaming in 2019 when Elon Musk promised Tesla’s cars would become robotaxis, capable of going out in the world to make money for owners. Sher was already a user of the car-sharing platform Turo, and the idea of turning a Tesla into an even bigger moneymaker was an attractive proposition. But as...

Startups Weekly: No sign of pause

AIMPWAJune 13, 2025

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. You’d think WWDC would cause a lull in startup news. But not in June, when everyone is eager to announce their latest deals — or even to...

popular Posts

Trending Now

AIMPWA PICK

Latest posts

Trending News

Editor's Picks

You might have missed

Quick Links

Popular Categories

Must Read