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BusinessNomura has initiated coverage on Allied Blenders Distillers with a Buy rating and a target price of Rs 850, indicating nearly 20% upside. The brokerage highlights premiumisation, backward integration, and margin expansion as key growth drivers. EPS is expected to grow at a 26% CAGR from FY26 to FY29. Risks include execution delays and slower premiumisation.
ET Markets·5h ago
WorldFor better mustard crop yield, selecting advanced and region-appropriate varieties is crucial. Farmers should choose varieties based on soil, weather, irrigation facilities, and local agricultural conditions before sowing. Using quality seeds, timely sowing, balanced nutrition, and proper irrigation can significantly improve crop productivity.
News18 Hindi·39m ago
HealthFollowing multiple student suicides at IIT Bombay and BIT Mesra, these institutions are considering installing ceiling fans in hostels as a preventive measure, inspired by Kota's anti-suicide initiatives. Experts warn that such measures are cosmetic and emphasize the need for sustained counselling and reforming the competitive education system. A Supreme Court panel survey found about 15% of higher education students faced suicidal thoughts.
Hindustan Times·36m ago
BusinessJapan's two-year government bond yield approached 2%, reaching its highest level since 1995. This rise is driven by persistent inflation, a weakening yen, and growing expectations of further rate hikes by the Bank of Japan, which have pushed short-term borrowing costs higher.
ET Markets·45m ago
PoliticsOn the morning of September 29, 2016, India announced a surgical strike across the Line of Control targeting terrorist launch pads in Pakistan. This operation was a response to the September 18 Uri attack that killed 19 Indian soldiers. Lt Gen Ranbir Singh, then DGMO, stated the strikes were based on specific and credible intelligence to prevent terrorist infiltration into Jammu and Kashmir and other Indian metros.
Hindustan Times·55m ago
BusinessBhushan Kumar, head of T-Series, is the richest person in Bollywood with a net worth of approximately ₹36,300 crore ($3.8 billion), surpassing the combined wealth of Shah Rukh Khan, Salman Khan, and Aamir Khan. The Hurun India Rich List 2026 ranks him 87th among India's richest, highlighting his wealth in the entertainment sector amid dominance by entrepreneurs in minerals, real estate, pharmaceuticals, and energy.
HT Entertainment·1h ago
ET Markets·5h ago
Nomura has initiated coverage on Allied Blenders Distillers with a Buy rating and a target price of Rs 850, indicating nearly 20% upside. The brokerage highlights premiumisation, backward integration, and margin expansion as key growth drivers. EPS is expected to grow at a 26% CAGR from FY26 to FY29. Risks include execution delays and slower premiumisation.
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