Posts

Asian Paints Gets Double Upgrade by Jefferies: Why This 'Fallen Angel' Could Make a Strong Comeback

Image
Asian Paints Upgraded to ‘Buy’ by Jefferies: 3 Key Reasons for a Potential Turnaround Asian Paints has received a significant confidence boost from global brokerage firm Jefferies , which has issued a double upgrade , moving the stock rating from Underperform to Buy . The firm has also raised the target price to ₹2,830 , indicating an upside potential of around 13% from current levels. Jefferies believes that despite recent challenges in the consumer space, Asian Paints could be poised for a contrarian rebound . 1. Sector Struggles May Be Bottoming Out Jefferies highlights that many consumer-facing companies have been hit hard in recent quarters due to sluggish demand, intense competition, and shrinking margins . These headwinds have led to a significant dip in stock prices. However, there are now early signs of recovery in key areas like demand and margins , even though competition remains a concern. Stocks such as Asian Paints, HUL, and Varun Beverages have been identified ...

OnePlus 13 Launching in India on January 7: Full Specs, Features, and All You Need to Know

Image
OnePlus 13 Launching in India on January 7: Full Specs, Features, and All You Need to Know OnePlus 13 India Launch Set for January 7: Complete Details Inside Chinese smartphone brand OnePlus is all set to unveil its latest flagship, the OnePlus 13, in India and global markets on January 7, 2025. The device was originally introduced in China in November 2024. As the direct successor to the OnePlus 12, which debuted in India back in January 2024, the OnePlus 13 brings notable upgrades across performance, display, camera, and battery. OnePlus 13: Key Features and Specifications Operating System : Android 15 with OxygenOS 15 on top Display : 6.82-inch 2K+ LTPO AMOLED panel Refresh Rate : Adaptive 1–120Hz Glass Protection : Crystal Shield Super Ceramic Brightness : Up to 1600 nits (typical), 4500 nits (peak) PWM Dimming : 2160Hz high-frequency Processor : Qualcomm Snapdragon 8 Elite Available Variants in China : 12GB RAM + 256GB storage 12GB RAM + 512GB storage ...

Sabih Khan Appointed Apple’s New COO: A Global Leader with Indian Roots

Image
Sabih Khan Appointed Apple’s New COO: A Global Leader with Indian Roots Sabih Khan Appointed as Apple’s Chief Operating Officer – From Moradabad to Cupertino Apple has officially announced Sabih Khan as its new Chief Operating Officer (COO) , replacing Jeff Williams in a move described as a "long-planned succession." Khan, who has been with the company for three decades, is currently serving as Apple’s Senior Vice President of Operations . Starting later this month, Khan will step into his new role , continuing to report to Apple CEO Tim Cook . Williams , meanwhile, will retain responsibility for the design team and Apple Watch until his planned retirement later this year. Who is Sabih Khan? Sabih Khan was born in 1966 in Moradabad , a city in the Indian state of Uttar Pradesh . During his early years, his family relocated to Singapore and later moved to the United States , where Khan pursued higher education. He holds a dual bachelor’s degree in Economics an...

Capgemini Acquires WNS for $3.3 Billion to Boost Agentic AI and GenAI Capabilities

Image
Capgemini Acquires WNS for $3.3 Billion to Boost Agentic AI and GenAI Capabilities Capgemini has announced a $3.3 billion all-cash acquisition of India-based WNS , a global outsourcing and business process management firm. The acquisition, reported by Reuters, is aimed at strengthening Capgemini’s position in Agentic AI and Generative AI (GenAI) services to help businesses modernize through automation and intelligent technologies. Under the agreement, Capgemini will pay $76.50 per share for WNS , a 17% premium over WNS's July 3 closing price, excluding existing debt. Focus on Agentic AI and Business Transformation With this deal, Capgemini aims to build a dedicated consulting arm that specializes in AI-driven business transformation , particularly in the area of Agentic AI —AI systems capable of making autonomous decisions . This move reflects the growing global demand for intelligent automation that can deliver productivity, agility, and innovation at scale. "WNS bring...

JioBlackRock’s First Mutual Fund NFO Raises ₹17,800 Crore Across Three Debt Schemes

Image
JioBlackRock’s First Mutual Fund NFO Raises ₹17,800 Crore Across Three Debt Schemes JioBlackRock Asset Management has announced the successful closure of its first-ever New Fund Offer (NFO) , raising an impressive ₹17,800 crore (approximately $2.1 billion) across three newly launched mutual fund schemes: JioBlackRock Overnight Fund , JioBlackRock Liquid Fund , and JioBlackRock Money Market Fund . The NFO, which ran for three days from June 30 to July 2, 2025 , saw strong participation from over 90 institutional investors . In addition, more than 67,000 individual investors subscribed to the schemes, highlighting widespread trust in the new fund house. This achievement places JioBlackRock among the top 15 asset management companies in India by Debt Assets Under Management (AUM), out of 47 total fund houses operating in the country. The fund house stated that these offerings are designed to meet a wide variety of investment goals. Short-duration debt and money market funds offe...

IIT Madras Launches ₹200 Crore Alumni VC Fund to Back DeepTech Startups

Image
IIT Madras Launches ₹200 Crore Alumni VC Fund to Back DeepTech Startups IIT Madras to Raise ₹200 Crore for First-Ever Alumni VC Fund Focused on DeepTech Startups In a bold step to strengthen India’s startup ecosystem, IIT Madras has announced a ₹200 crore fundraising goal for its inaugural venture capital fund . The fund, named the IITM Alumni Fund , will focus on backing early-stage startups , especially in the deeptech and AI space , that originate from the institute's innovation ecosystem. 🔹 A Call to the Alumni Network Speaking on July 5, IITM Director Prof. V. Kamakoti appealed to alumni and the wider investor community to participate in this landmark initiative. “ Now is the time to give back. When you give, you get back, ” he said, drawing inspiration from a Tamil proverb. His message emphasized that the fund is not just about financial returns—but about deepening alumni engagement while propelling India's innovation landscape forward. 🔹 Building on a Strong Le...

Crores in Minutes: The Expiry Day Strategy That Got Jane Street Banned in India

Image
Crores in Minutes: The Expiry Day Strategy That Got Jane Street Banned in India Crores in Minutes: The Expiry Day Strategy That Brought Down Jane Street in India A global trading powerhouse. Billions in algorithmic tools. And an expiry-day strategy that turned nearly worthless options into gold—just moments before the market closed. That’s the explosive allegation behind SEBI’s action against Jane Street , which now faces a ban in India and the seizure of over ₹4,800 crore in alleged unlawful profits.  What Is ‘Marking the Close’? "Marking the Close" refers to a price manipulation strategy where traders place heavy buy or sell orders just before the market shuts. This artificially moves the index or stock price, impacting derivatives settlement, portfolio values, and fund benchmarks . Even a fractional shift can swing huge profits—especially when large leveraged positions are in play. The Alleged Strategy Jane Street Used According to reports, Jane Street didn’t jus...