India likely to become Apple’s third-largest market for iPhones in 2026 surpassing UK, Japan

[ad_1] India is likely to surpass Japan and UK to become the third largest market for Apple in terms of shipments in 2026, according to Counterpoint Research Market Outlook. It said 2023 was a record year for Apple in India....

Broker’s call: BEML (Buy)

[ad_1] Target: ₹3,345CMP: ₹2,869We initiate coverage on BEML with a ‘Buy’ rating at a target price of ₹3,345, valuing it at a P/E of 26x FY26E. BEML is in a sweet spot to capitalise on “Make-in-India” and the country’s flourishing...

Editorial: Distant dream

[ad_1] <!-- --> The oft-repeated assertion about achieving self-reliance in the defence sector appears far-fetched as arms imports have only increased Published Date - 13 March 2024, 11:59 PM Representational Image Despite the Centre’s boastful claims...

HAL stock touches stratospheric level

[ad_1] Hindustan Aeronautics shares hit an all-time high of ₹3,428.75 on the BSE on Monday defying broader market pressure. The stock, however, closed at ₹3,371.05 — up 1.66 per cent over the previous day’s close of ₹3,316.15, surrendering part of...

Coal sector’s mining needs to drive ‘Make in India’ 

  As the Indian coal sector ramps up production (from about a billion tonnes now to 1.5 billion tonnes by 2030), the sector will need a lot of mining equipment – a lucrative opportunity for manufacturers to make them in India. These are machineries such as rope shovels, dumpers,...