Metro brands gets thumbs up from Goldman Sachs, Bata on watch
The Business Guardian|March 23, 2024
Goldman Sachs recently initiated coverage on Indian footwear companies Metro Brands Ltd and Bata India Ltd, expressing optimism about their growth prospects. c
Metro brands gets thumbs up from Goldman Sachs, Bata on watch

The investment firm recommended a "Buy" rating for Metro Brands and a "Neutral" call for Bata India.

Goldman Sachs set the target price for Metro Brands at Rs 1,450, suggesting a potential upside of 29 percent from the stock's closing price of Rs 1,125 on March 21. For Bata India, the target price of Rs 1,470 indicates a 7 percent increase.

Metro Brands has observed a modest gain of over 3 percent over the past six months, while Bata India has experienced a decline of 16 percent. In contrast, the benchmark Nifty 50 index gained 12 percent during the same period.

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LG direct for immediate appointment of 2,346 Home Guards
The Business Guardian

LG direct for immediate appointment of 2,346 Home Guards

Delhi Lieutenant Governor, Vinai Kumar Saxena has directed for the immediate appointment of 2,346 Home Guards, who have qualified for their Physical Measurement and Efficiency Test (PMET) and written test, even as other vacancies amounting to 7,939 await outcome of two pending court cases, said an official statement from Lieutenant Governor office on Tuesday.

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1 min  |
November 13, 2024
'Discoms colluding with AAP for windfall gains'
The Business Guardian

'Discoms colluding with AAP for windfall gains'

The Delhi BJP on Tuesday submitted a memorandum to Lieutenant Governor VK Saxena, calling for an investigation into alleged financial irregularities in the power distribution companies, or discoms.

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1 min  |
November 13, 2024
Delhi faces unusually high temperatures in Nov
The Business Guardian

Delhi faces unusually high temperatures in Nov

This year, however, daytime temperatures have not fallen below 30 degrees Celsius, with the lowest recorded so far at 31 degrees Celsius.

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1 min  |
November 13, 2024
SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER
The Business Guardian

SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER

The Supreme Court in the case The State of Punjab and Ors. Versus Beant Kumar And Anr modified the Punjab and Haryana High Court order which directed that Punjab municipality elections be notified within 15 days.

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2 dak  |
November 13, 2024
HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran
The Business Guardian

HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran

During the hearing, the bench expressed strong disapproval, stating, \"The urgency is not impressed upon you... 14 people have died... You should have called the MCD official and asked him the queries.\"

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2 dak  |
November 13, 2024
Govt. distributes heaters to curb winter pollution and help night workers
The Business Guardian

Govt. distributes heaters to curb winter pollution and help night workers

The Aam Aadmi Party (AAP) government has launched a campaign to distribute electric heaters to night security guards in an effort to reduce air pollution in Delhi.

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1 min  |
November 13, 2024
The Business Guardian

OVER 2.7 LAKH VEHICLES FINED FOR LACK OF PUC SINCE JAN 1

Delhi Traffic Police has issued over 2.70 lakh challans to vehicle owners for driving without a pollution under control (PUC) certificate between January 1 and October 31 this year, the highest in three years, official data showed.

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1 min  |
November 13, 2024
AAP TO CONDUCT SURVEY FOR ALL SEATS
The Business Guardian

AAP TO CONDUCT SURVEY FOR ALL SEATS

Ahead of the polls, Kejriwal and other senior AAP leaders are holding gatherings at the district level to prepare the party workers for campaigning. No matter who contests on AAP ticket, the party workers should think as though the former chief minister was fighting on all the 70 seats and should have their allegiance to him only, Kejriwal has said.

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1 min  |
November 13, 2024
The Business Guardian

MCD fines Rs 2.69 cr for violations of dust pollution norms

The Municipal Corporation of Delhi (MCD) has issued fines amounting to Rs 2.69 crore for violation of dust control norms during construction and demolition (C&D) activities between April and October this year, according to official data.

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1 min  |
November 13, 2024
Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'
The Business Guardian

Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'

The Supreme Court in the case observed and has dismissed a petition filed by a man who alleged that his brain was being controlled by other persons through a machine.

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1 min  |
November 13, 2024