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2024-10-30 07:08:39| The Economic Times

ByteDance founder Zhang Yiming is now Chinas richest person with net worth of $49.3 billion. India's richest man Mukesh Ambani has a significantly higher net worth of $102 billion. Chinas total billionaire wealth decreased by 10% while India's billionaires increased. The Hurun China Rich List saw the lowest new additions in two decades.

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2024-10-30 06:23:26| The Economic Times

Marico's shares surged 9.3% after a 20% rise in Q2 net profit to Rs 433 crore. Analysts maintained buy ratings, with target prices ranging from Rs 740 to Rs 800.

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2024-10-30 06:19:25| The Economic Times

Dipan Mehta, Director of Elixir Equities, expresses disappointment in the current earnings season, particularly highlighting the automotive sector's cyclical downturn. He advises holding onto stocks without increasing investment, and caution against new IPOs like Swiggy amidst market uncertainties. For companies like Ola Electric, he suggests waiting for clear profitability signals before considering investment.

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