Adani Green Energy’s shares surged following SEBI’s clearance regarding Hindenburg Research’s allegations, boosting investor confidence. Jefferies raised the target price to Rs 1,300, citing significant upside potential and projecting substantial capacity additions. Supported by promoter infusion and long-term power purchase agreements, the company anticipates improved financial metrics and strong EBITDA growth, despite potential risks like...Read More

Indian IT companies face near-term challenges due to increased H-1B visa costs, potentially impacting EBIT by 10%, according to industry veteran Sandip Agarwal. While acknowledging AI disruption and slowing growth, Agarwal anticipates long-term benefits from increased offshoring.Read More

A new $100,000 fee for H-1B visa petitions in the U.S. will apply only to new applicants, not current holders. Major companies and Indian IT firms are assessing impacts on travel and workforce deployment. The White House says the fee aims to protect American wages and prevent visa program abuse.Read More

Jaro Institute’s Rs 450 crore IPO is set to open on Tuesday. The IPO shares are already commanding a premium in the grey market. Listed ed-tech peers show mixed performance, with returns ranging from -97% to 199%. The company has fixed the IPO price band at Rs 846 to Rs 890 per share.Read More

Nitin Raheja of Julius Baer Wealth Advisors suggests that while GST rate cuts have spurred a rally in consumer stocks, the real impact will unfold long-term, driven by structural tailwinds. The upcoming festive season is crucial for gauging demand recovery, potentially boosting earnings into FY27.Read More

Technology services stocks are currently shorted globally. Investors flock to AI themes, overlooking IT services. The IT sector experienced deceleration, while hyperscalers grew. AI adoption is at the Proof of Concept stage. Indian IT has weathered transitions, adapting to new growth paths. AI’s impact on IT services is expected to be modest. Enterprises struggle with...Read More

Markets slipped on Friday amid profit-taking. Analysts recommend Sammaan Capital, Phoenix, and Great Eastern Shipping, citing bullish reversal patterns and strong volumes, with potential returns of 6–13% in the near term.Read More

India sees a busy IPO day on September 23, with 10 issues across mainboard and SME platforms. Grey market premiums highlight strong investor sentiment in select stocks.Read More

Country Club Hospitality and Holidays Ltd (CCHHL) intends to garner USD 100 million via GDR or FCCB to establish upscale leisure properties throughout India. The Hyderabad-based company, now debt-free after repaying Rs 600 crore, manages 30 properties directly and another 30 via franchise. CCHHL is also venturing into residential and commercial real estate projects in...Read More

Anand Rathi Group launches its second IPO, Anand Rathi Share and Stock Brokers, after the success of its wealth management company. The wealth arm delivered nearly 1,000% return to investors. The new IPO aims to raise Rs 745 crore. The brokerage arm’s revenue and profit have also shown significant growth.Read More