Business

UBS cuts target prices on bank stocks by 5-41%

[ad_1] Mumbai: UBS has cut target price of banks by 5-41% as it believes risk-reward remains unfavorable in the sector while risks to collections and credit culture are rising. The brokerage has downgraded its rating on HDFC Bank to neutral from buy and cut target price on it to Rs …

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Mega Jio-Facebook deal could have Paytm shaking in its UPI boots

[ad_1] Facebook’s WhatsApp, which has been working to obtain regulatory approval for payment services in India, is preparing for a full rollout of those services in June, according to a source familiar with the matter. The partnership with Reliance, announced on Wednesday, will give WhatsApp an internal track on payments …

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Bajaj Platina 110 H Gear BSVI released at Rs 59,802

[ad_1] The BSVI variant of the Bajaj Platina 110 H Gear is priced at Rs 59,802 (ex-showroom), powered by a 115.45cc single cylinder engine producing 8.6 PS and 9.81 Nm Bajaj Auto Ltd, the Pune-based manufacturer of homegrown motorcycles, launched the BSVI Bajaj Platina 110 H Gear at a price …

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Flipkart resumes sale of fans and books despite MHA directives

[ad_1] BENGALURU / NEW DELHI : E-commerce firm Flipkart resumed selling electric fans, educational books and stationery such as pens on Friday after the new directive from the Ministry of Internal Affairs (MHA) on April 21, which allowed ‘shops’ for electric fans and student books to operate. A senior official …

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