Bajaj Auto's Valuation: Analyzing the Target Price and Market Conditions
Motilal Oswal Financial Services maintains a 'Neutral' rating for Bajaj Auto with a target price of Rs 8,770. Despite Bajaj Auto's Q3 FY25 showing a modest increase in net profit and revenue, the brokerage slightly lowers its earnings forecast due to challenges like domestic market share losses and global economic uncertainty. Bajaj Auto is believed to remain fairly valued despite a stock price adjustment.
Netflix's 'Squid Game' Season 3: A Climactic Finale Premiering This June
'Squid Game' is set to return for its third and final season on Netflix on June 27, 2025. This Korean-language drama has captivated global audiences, blending social critique with intense, high-stakes games. As Netflix's top series, it has sparked a boom in subscriptions and streams, playing a key role in the company's growth strategy amidst a fierce streaming competition.
Federal Reserve Halts Interest Rate Reductions Amidst Strong Economic Indicators
The Federal Reserve has halted interest rate cuts for the first time since July, reflecting the robust state of the U.S. economy and a cautious stance against inflation. Holding the federal funds rate steady between 4.5% and 4.75%, the decision was widely expected by financial markets. This pause underlines the Fed's vigilance in balancing economic growth with inflation control, highlighting the resilience of the economy and the persistence of low unemployment.
Alibaba's Innovative Qwen 2.5 AI Model Surpasses Rivals in Competitive AI Arena
Alibaba's cutting-edge AI model, Qwen 2.5, has eclipsed DeepSeek's acclaimed AI solutions in various benchmarks, signaling a pivotal moment in the AI domain. This model, honed on 18 trillion tokens, excels in natural language processing and problem-solving, challenging US tech titans with its adaptability and efficient cloud deployment.
Denta Water Shares Soar with 12% Premium: A Promising Long-Term Investment Opportunity
Denta Water and Infra Solutions marked a significant IPO debut with its shares listing at a 12% premium, indicating robust investor interest. The IPO was well-received, with analysts recommending a long-term hold due to the company's strategic focus on water management and a strong order book. Highlighted factors include a significant subscription rate, fair pricing, and promising market opportunities, emphasizing Denta Water's potential in the water management industry.
Kris Gopalakrishnan and Others Face Allegations Under SC/ST Atrocities Act in Karnataka
Kris Gopalakrishnan, co-founder of Infosys, along with 17 others, faces allegations under the Prevention of SC/ST Atrocities Act in Karnataka. The case stems from accusations made by Durgappa, a tribal Bovi community faculty member, who alleges wrongful dismissal and caste-based abuse in 2014. The case was registered following court directions, implicating former IISc Director Balaram and several others.
Waqf Amendment Bill Approved Amidst Controversy: Key Amendments and Reactions
The Waqf (Amendment) Bill has received the JPC's nod with 14 amendments, primarily proposed by the ruling NDA. These changes aim to reshape Waqf Boards by including non-Muslims and women, while modifying the Central Waqf Council's composition. The bill has sparked controversy, with opposition parties arguing it undermines Muslim rights. The JPC's final report is due by January 31, 2025.
India's 76th Republic Day Parade Echoes Historic 1950 Celebrations
India's 76th Republic Day was marked by a grand parade on Kartavya Path, echoing the first Republic Day in 1950. Both events shared a connection with Indonesia, as then and now, an Indonesian leader was a chief guest. The 1950 parade unfolded at the Irwin Amphitheatre and commemorated India’s transition to a republic with grand salutes and ceremonies, while this year's event emphasized vibrant cultural displays and national pride.
Denta Water and Infra IPO Allotment: How to Check Allotment Status Online
Denta Water and Infra Solutions' IPO has drawn exceptional interest, with allocations being set on January 27, 2025. Investors, who displayed robust participation, can verify their share allotment online through the BSE, NSE, or Integrated Registry Management Services Pvt Ltd portals. The IPO's overwhelming subscription rates and grey market premium indicate strong market expectations. Shares are slated to list on India's primary exchanges soon.
Manchester City Stages Remarkable Comeback to Secure Victory over Chelsea in Premier League Clash
Manchester City triumphed over Chelsea with a commanding 3-1 victory in a thrilling Premier League match at the Etihad Stadium. Despite facing an early setback with Noni Madueke's goal for Chelsea in the 2nd minute, Manchester City turned the tide in the second half. Key strikes from Erling Haaland and Phil Foden sealed the win, elevating City's position in the league standings.