Siddhartha Khemka of Motilal Oswal says IT may remain range-bound as weak growth offsets stable TCS margins, with AI gains largely passed on to clients. Still, valuations are turning attractive for long-term investors. He sees emerging opportunities in real estate after the correction, remains positive on metals as a structural demand play, and prefers Shriram…
Singapore’s Olam Group said on Friday that founder and CEO Sunny Verghese, along with several senior executives, will step down this month as the conglomerate presses ahead with a reorganisation plan to split into separate operating businesses. The company has been transforming since 2020, reorganising its operations into three distinct units: Olam Agri, ingredient maker…
Kevin Warsh was scheduled to appear before the United States Senate Committee on Banking, Housing, and Urban Affairs on April 16. By CNBC-TV18 April 10, 2026, 10:27:08 AM IST (Published) 2 Min Read The expected nomination hearing for Federal Reserve chair candidate Kevin Warsh has reportedly been delayed. A person familiar with the matter confirmed that…
Brokerage firm CLSA has turned constructive on Indian stocks after 18 months of being bearish as it sees risk-reward profile being balanced. The brokerage is of the view that the “Max Pain” may have been surpassed by the market with regards to both the Iran conflict, and its impact. By CNBCTV18April 10, 2026, 10:33:09 AM…
Global beauty major Charlotte Tilbury has opened its first-ever flagship boutique in India, in a significant milestone for the brand’s expansion in the world’s fastest-growing premium beauty market. The store, located at Nexus Select Citywalk in New Delhi, is being operated end-to-end by Nykaa. British makeup artist, Charlotte Tilbury, MBE, says, “India is one of…
Indian equities may be better placed to deliver steady returns from here, with valuations turning supportive after a sharp correction, according to BofA Securities. Arvind Maheswari, Head of India Equities at the brokerage, said the recent market pullback—triggered by the global AI-led selloff, slowing earnings, and geopolitical tensions—has brought valuations closer to comfort levels. Alongside…
Shares of Billionbrains Garage Ventures Ltd., the parent company of Groww, surged over 5% to hit an all-time high of ₹197 in Friday’s session, extending gains for the third straight day. The rally was supported by strong volumes, with nearly 3 crore shares changing hands within the first two hours of trade. Sentiment around the…
Shares of Wipro Ltd. opened as much as 3% higher in Friday’s trading session after the company said it will consider a buyback of equity shares at its board meeting on April 16, marking the first such move in nearly three years. However, the stock erased those early gains and are now down 4% from…
Shares of solar photovoltaic companies are in focus on Friday, April 10, after brokerage firm JM Financial initiated coverage on Waaree Energies, Premier Energies, Emmvee Photovoltaics, and Vikram Solar. The brokerage expects the sector to see capital expenditure over the next five years, as companies build a competitive and integrated solar manufacturing ecosystem in India….
CLSA has turned constructive on Indian equities after 18 months of bearishness, citing peak pessimism, easing West Asia risks, and valuations slipping below 10-year averages. The brokerage has reshuffled its portfolio, exiting defensive and laggard names while adding cyclicals and recovery plays. It prefers financials, autos, and select consumption stocks, while seeing better post-war opportunities…
