HSBC downgrades India for the second time in a month, explains 'underweight' stance

HSBC downgrades India for the second time in a month, explains ‘underweight’ stance

Brokerage firm HSBC has downgraded Indian equities to “underweight”, in its latest note on Thursday, April 23, less than a month after downgrading it to “neutral” from “overweight” on March 31 this year. The firm has cited a less-attractive “risk-reward” as its rationale behind the downgrade. “The ongoing Middle East conflict has refocused attention on…

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ICMAI Pune Chapter elects CMA Rahul Chincholkar as chairman for 2026-27

ICMAI Pune Chapter elects CMA Rahul Chincholkar as chairman for 2026-27

Pune: The Pune Chapter of the The Institute of Cost Accountants of India (ICMAI) has elected CMA Rahul Chincholkar as its chairman for 2026-27. Chincholkar assumed charge from outgoing chairman CMA Shrikant Ippalpalli.The newly elected office-bearers include CMA Himanshu Dave as vice-chairman, CMA Tanuja Mantrawadi as secretary and CMA Ameya Tikale as treasurer.The newly constituted…

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Iowa Guv issues statement amid job fear: 'At no point during our negotiations was it even considered to employ H-1B visa holders'

Iowa Guv issues statement amid job fear: ‘At no point during our negotiations was it even considered to employ H-1B visa holders’

Iowa Governor Kim Reynolds allays fears as state IT workers lose jobs owing to a shift to Amazon and Cognizant managing the IT solutions. A major confusion was created after Iowa Governor Kim Reynolds announced that the state of Iowa will migrate its executive branch data from an outdated IT system to a modern system…

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IPL 2026 awards full list: Who won Orange Cap, Purple Cap, MVP and Best Catch? | Cricket News

IPL 2026 awards full list: Who won Orange Cap, Purple Cap, MVP and Best Catch? | Cricket News

Vaibhav Sooryavanshi (Image credit: BCCI/IPL) NEW DELHI: Royal Challengers Bengaluru defended their crown in emphatic fashion, outclassing Gujarat Titans in all departments to clinch their second consecutive Indian Premier League title with a five-wicket victory in the final at the Narendra Modi Stadium on Sunday. As RCB completed a successful title defence, fans across the…

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Glenmark, Granules shares gain after USFDA developments; check details here

Glenmark, Granules shares gain after USFDA developments; check details here

Shares of Glenmark Pharmaceuticals Ltd. and Granules India Ltd. traded higher on Monday, July 6, after both drugmakers announced key developments in the US market. Glenmark Pharmaceuticals Glenmark Pharmaceuticals said it has launched Olanzapine for Injection (10 mg/vial) in the US, expanding its injectables portfolio. The product is the generic equivalent of Zyprexa IntraMuscular Injection…

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Atal Tunnel Snow Update: Himachal: Tourists spend night in cars as snow traps vehicles Near Atal Tunnel; snow clearance in full swing |

Atal Tunnel Snow Update: Himachal: Tourists spend night in cars as snow traps vehicles Near Atal Tunnel; snow clearance in full swing |

Heavy snowfall in Himachal Pradesh’s Kullu district has triggered a large-scale rescue and snow clearance operation near the Atal Tunnel in Manali, leaving more than a thousand vehicles stranded and prompting urgent intervention by authorities. The Border Roads Organisation (BRO) has been carrying out continuous snow clearance work at the South Portal of the Atal…

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Big year for Indian Auto sector! Sales jump 10% to record high in FY26

Big year for Indian Auto sector! Sales jump 10% to record high in FY26

India’s automobile industry closed FY26 on a strong note, registering its highest-ever annual sales across all segments. According to the Society of Indian Automobile Manufacturers (SIAM), total vehicle wholesales in the country stood at 2,82,65,519 units, marking a 10.4 per cent increase over the 2,56,09,399 units recorded in FY25.What makes this performance significant is that…

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