Pine Labs, Groww & more: Top stocks to watch on April 16

[ad_1] Citigroup initiated its coverage of Pine Labs with a buy rating and a target price of Rs 235. Analysts said that India’s payments fintech is on a monetization improvement trajectory, with leading players increasingly entrenched in respective core areas of leadership. While product, services and distribution build-outs into comprehensive plays will continue across the…

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Tata Trusts board ‘illegal’, replace it: Mehli Mistry

[ad_1] MUMBAI: Mehli Mistry has accused Tata Trusts leadership of running an “illegal” board by selectively applying rules to secure their own lifetime trusteeships while removing him. He has accused them of counting votes of trustees whose tenures had expired and violating statutory provisions for appointments and terms.Mistry, who was a trustee of Sir Dorabji…

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‘Concerns should be addressed bilaterally’: No need for unilateral 301 probe, India to US

[ad_1] NEW DELHI: While rejecting the US Trade Representative’s claims for section 301 investigations against India, govt has said that concerns should be addressed bilaterally, when negotiations for a trade agreement are underway, and not through unilateral measures.After the setback on reciprocal tariffs in the Supreme Court, the Trump administration had initiated two section 301…

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Veteran investor Mark Mobius dies at 89, leaves behind global investing legacy

[ad_1] Veteran investor Mark Mobius, widely regarded as a pioneer of emerging markets investing, has died at the age of 89, marking the end of a decades-long career that helped shape global investment strategies, according to a Bloomberg report.According to Bloomberg, Mobius died in Singapore, with the news confirmed in a LinkedIn post attributed to…

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India rejects US Section 301 allegations, seeks termination; calls for resolution via talks

[ad_1] India has strongly pushed back against the United States’ Section 301 investigations, rejecting allegations of unfair trade practices and seeking immediate termination of the probes.In its submission to the US Trade Representative (USTR), India “firmly denies all allegations made in the initiation notice” related to claims of excess structural capacity and production in manufacturing…

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