Latest news with #MICA
Time of India
2 hours ago
- Business
- Time of India
CDS General Anil Chauhan meets Japan's Chief of Staff to reinforce defence ties
Chief of Defence Staff (CDS) General Anil Chauhan interacted with General Yoshida Yoshihide, Chief of Staff of the Japan Self-Defense Forces ( JSDF ), to reinforce defence ties between India and Japan. The interaction took place on Thursday as part of ongoing efforts to deepen bilateral cooperation in the Indo-Pacific region . Explore courses from Top Institutes in Please select course: Select a Course Category Others healthcare Technology Product Management MCA Operations Management Data Science Data Analytics Public Policy Leadership Project Management Digital Marketing PGDM others MBA Data Science Artificial Intelligence Management Cybersecurity CXO Healthcare Finance Design Thinking Degree Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details In a post on X, the Integrated Defence Staff said, "General Anil Chauhan, Chief of Defence Staff interacts with Gen. YOSHIDA Yoshihide, Chief of Staff, JSDF to reinforce defence ties between India and Japan. General Chauhan conveyed best wishes to General Yoshida on his superannuation, appreciating his contributions in strengthening Defence Cooperation between both nations. He also extended greetings to Gen. HIROAKI Uchikura, who will assume the appointment as the next Chief of Staff, JSDF, expressing confidence that the strong momentum in bilateral military ties will continue to grow. CDS reaffirmed India's commitment to deepen Strategic Cooperation with Japan in the Indo-Pacific." General Chauhan's message reaffirmed India's strategic commitment to enhancing cooperation with Japan, especially in light of the evolving regional security environment. Separately, Admiral Dinesh K Tripathi , Chief of the Naval Staff (CNS), is currently on an official visit to Japan. As part of the visit, he paid tributes at the Memorial Cenotaph and reviewed a Guard of Honour. He also held discussions with Admiral Saito Akira, Chief of Staff of the Japan Maritime Self-Defence Force (JMSDF). Live Events The Indian Navy said the two naval chiefs discussed steps to strengthen cooperation and synergy between the two navies. These include enhanced operational engagements, interoperability, exchange of best practices, collaborative capacity building, and training exchange initiatives. According to the Ministry of Defence, The visit is part of ongoing efforts to consolidate bilateral defence relations between India and Japan, in line with the deepening 'Special Strategic and Global Partnership,' with a focus on maritime cooperation. Discussions are expected to cover a broad range of defence cooperation areas, with a particular focus on maritime security, technological collaboration, and exploring new opportunities for naval synergy and interoperability. The Chief of the Naval Staff is also scheduled to visit JMSDF units and interact with the Commander-in-Chief of the Self-Defence Fleet at the Funakoshi JMSDF Base, the Ministry added. Economic Times WhatsApp channel )
Time of India
5 hours ago
- Business
- Time of India
Microsoft set to hit $4 trillion market cap after earnings beat
Microsoft Corp. is set to become the second company in the world to reach a $4 trillion market capitalization after reporting quarterly earnings that beat Wall Street's expectations, sending the stock soaring in extended trading Wednesday. Shares of the technology behemoth jumped as much as 9% to more than $560 in late New York trading, and if even a portion of the gain holds through Thursday's market open, Microsoft will reach a market value of $4 trillion. Nvidia Corp. became the first company to hit the milestone earlier this month. Explore courses from Top Institutes in Please select course: Select a Course Category Others Cybersecurity Healthcare others Data Science MBA Management Operations Management CXO Public Policy PGDM Data Science Degree Technology Leadership Design Thinking MCA healthcare Project Management Data Analytics Digital Marketing Product Management Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like People in Bedford are Loving Martha Stewart's Meal Kit Marley Spoon Undo 'Microsoft is getting the recognition that it deserves because it is the operating system for business. All of us run our businesses on Microsoft with Word, with Outlook, with Excel,' said Kim Forrest, chief investment officer at Bokeh Capital Partners LLC. 'This quarter's results point to an even better position for Microsoft because, like Nvidia, there appear to be no substitutes.' Bloomberg The company's latest results confirmed that it's a leader in the artificial intelligence boom that's lifted megacap tech stocks, and the broader market, for the last few years. Microsoft reported better-than-expected growth in its cloud business, and its closely-watched Azure cloud-computing unit posted a 39% rise in sales, handily beating the 34% analysts expected. Live Events On a call with analysts, Chief Financial Officer Amy Hood said Microsoft expects fiscal first quarter capital expenditures at more than $30 billion, and full year revenue growth in the double digits. In addition, Azure is expected to post a 37% growth rate in the first quarter, above forecasts. The stock is the second-best performer among the so-called Magnificent Seven mega tech stocks this year. Since its April 8 trough when President Donald Trump's sweeping tariff threats spurred a broader market selloff, the stock has surged nearly 45% to close just shy of a record high ahead of its Wednesday earnings report. This year has marked something of a rebound for Microsoft stock. It had lagged its peers in 2024 and the first quarter of 2025, the only Magnificent Seven stock in the red for that period, as investors grew concerned about its AI position and Azure growth. Wall Street is largely bullish on Microsoft shares, with 65 of the 72 analysts covering the company giving it a buy rating and one giving it a sell, according to data compiled by Bloomberg. The average 12-month price target of $554 implies upside of about 8% from Wednesday's close.
Time of India
6 hours ago
- Business
- Time of India
15 sectors to watch: From EMS to aerospace engineering - Sunny Agrawal maps the opportunity landscape
In this edition of ETMarkets Smart Talk, Sunny Agrawal , Head of Fundamental Research at SBI Securities, shares his insights on navigating the current volatile market landscape. As global trade uncertainties and tepid earnings weigh on investor sentiment, Agrawal highlights why smart money is shifting beyond benchmark indices. From EMS and auto ancillaries to aerospace engineering and recycling, he maps out 15 high-potential sectors that could emerge as long-term winners. He also decodes trends in the IPO market , retail investor behavior, and the evolving corporate bond landscape. Edited Excerpts – Q) Thanks for taking the time out. The second half of 2025 started on a volatile note. How are you looking at the markets? One of the reasons could be FIIs selling, which continues in July. Explore courses from Top Institutes in Please select course: Select a Course Category Others Product Management Degree Data Science Data Analytics Operations Management CXO Cybersecurity Design Thinking Public Policy Healthcare MBA Data Science Digital Marketing Technology healthcare Artificial Intelligence PGDM MCA Management Leadership Finance Project Management others Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details A) Yes, in 2HCY25, domestic equity markets begun trading on the volatile note on the back of uncertainties on global trade deal, as US president Mr Trump extended the earlier 90 days deadline which was supposed to end on 9th Jul'25 to 1st Aug'25. Investors are waiting for clarity on the bilateral deal between US and its major trading partners to assess the impact of tariffs on the global business set-up and pursuant impact on the different sectors across the globe. For e.g.; tariff of 15% on Japanese cars put American car manufacturers on weak footing as they may have to shell out 50% more on commodities like steel, copper for Canadian production, 25% more for Mexican production etc, thereby leading to competitive advantage for Japanese car manufacturers. Live Events Back home, expectations for 1QFY26 earnings season are tepid in terms of growth as most of the heavy weight sectors like IT (due to slow execution of the deals), Banks (NIMs under pressure; asset quality issue on unsecured book leading to higher provision etc), Consumer Staples (low single digit volume growth due to impact of slowdown in urban pockets) etc are likely to report single digit earnings growth. Having said that, certain pockets like Cement , AMCs, Hotels, Hospitals, Ports, EMS etc are likely to report decent double-digit growth. On valuation front, India is trading at a relatively expensive valuations (FY26E PE multiple of 21.4x) vs MSCI World (FY26E PE multiple of 20.7x) & MSCI EM (FY26E PE multiple of 12.7x), thereby leading to selling by FIIs. On domestic front, supply of paper (IPO, PE/Promoters selling, QIP, Pref etc) has also sucked liquidity thereby adding to volatility in the secondary market. Q) IPOs have picked up recently, but EY report highlighted that Indian IPO activity in the first half of 2025 recorded 108 deals raising US$4.6b, demonstrating market resilience despite a 30% decline in transactions. A) There were no IPOs in the month of Mar'25 and Apr'25 and primary market witnessed gradual recovery from month of May'25, as the sentiments began to improve with fear of unknown event of Trump's tariff tapering off. As we speak, in the last 10 days of July'25, 10 issues are slated to hit street for IPOs. Going forward, as the overhang of Trump's tariff ebb, we expect very robust IPO market during 2HCY25. Q) What is the initial sense you are picking up from the June quarter results, which have started to come out? A) Result season so far has been a mixed bag. Let us discuss sector by sector. On positive side, companies from sectors like Hotels, AMCs, Cement, EMS, Ports etc have reported strong to decent set of numbers with optimistic outlook. On the other hand, IT sector continues to grapple with global uncertainties thereby leading to inline to disappointing set of results with weak growth commentary. Banks so far have been a mixed bag with likes of ICICI Bank, HDFC Bank reporting inline numbers with no negative surprise whereas Axis has disappointed the street. QSR and consumer staple businesses continues to report tepid growth on the back of slowdown in urban markets. Q) Is the current equity market rally largely liquidity-driven, or are there sufficient earnings fundamentals to back the optimism? A) Equity markets are blessed with robust domestic liquidity thereby leading to sharp recovery post correction. Nifty50 companies have delivered double digit PAT CAGR between FY20-FY24 period and now earnings growth in FY25 has slowed down to single digit led by multiple factors such as elections, slowdown in capex spending by government, global uncertainties etc. The same is getting reflected in the equity markets. We are hopeful of double-digit earnings growth to come back from 3QFY26 onwards. Markets have become stock specific and bottom-up approach is working well at the current juncture. We continue to remain constructive on growth potential of Indian economy and as we speak, corporate balance sheet of Indian corporates is in good shape. To sum up, fundamental growth story of India is intact, and investors need to be patient and should invest in businesses with strong fundamentals backed back by robust growth potential. Q) SIPs crossed Rs27K – what does it talk about the retail investor behaviour change? A) Retail investors are the smartest investors on the street and are sticking to disciplined approach of investing in the stock market through SIP route. Despite of muted sentiments on the street since last 9-10 months, SIP flow continues to remain robust, which is testimony to the fact that retail investors are no more scared of market corrections and are aware of the facts that correction is part and parcel of equity market investing. They seem to have understood the benefits of long-term systematic investment approach. Thanks to the 'Mutual Fund Sahi Hai' campaign, larger investor base is able to take advantage of wealth creation journey in the market. Q) How is the corporate bond market shaping up here in India? A) As per RBI's Financial Stability Report, June 2025, corporate bond net outstanding rose to Rs 53.6 trillion as at end of Mar' 25 with the highest ever fresh issuance of Rs 9.9 trillion (up 28% YoY) during FY25. The rise in corporate bond issuance signals growing traction in India's corporate bond market. This also points to an uptick in private corporate capex. Kindly note, Indian corporates are sitting on healthy balance sheet and are tapping bond markets to tap capital for growth. As per data, institutional investors dominate the market with holding of more than 95% of the outstanding corporate bonds. Q) Where are the pockets of opportunities coming from A) We believe winners will emerge from following pockets (1) Auto OEMs and Auto Anc, (2) Cement, (3) NBFCs particularly with focus on MSME, Housing, Gold etc (4) Capital market play like wealth managers and AMCs, (5) Select Banks, (6) EMS, (7) Recycling, (8) New age businesses, (9) Pharma - CDMO, (10) Structural Steel Tubes, (11) Telecom Service Providers, (12) Hotels, (13) Hospitals, (14) Manufacturing (Aerospace Engineering, Railway Wagons, Power Equipment, Pharma ancillary etc), (15) Metals/Mining Q) Where is the smart money moving? A) We believe smart money is chasing stocks outside the benchmark indices which are likely to deliver healthy growth in medium to long term. The list of sectors shared above are likely to outperform in medium to long term. Q) How should one play the small & midcap space? A) Investors should be selective in investing in small and midcap space and should deploy fresh capital in companies backed by strong fundamentals. Investors should avoid narrative driven stocks.
Time of India
21 hours ago
- Business
- Time of India
Gift Nifty plunges over 170 points after Trump announces 25% tariff on India
Gift Nifty fell sharply to 24,680, declining by 0.70% or 174 on Wednesday reacting to US President Donald Trump's announcement that India will pay 25% tariff along with a penalty in the wake of India's trade with Russia. The tariff announcement was made by Trump on his Truth Social handle and the post said that the tariff and penalty becomes effective from August 1. Explore courses from Top Institutes in Please select course: Select a Course Category Others Project Management Finance Design Thinking Degree Operations Management CXO Healthcare others PGDM Management MCA Data Science Cybersecurity Product Management healthcare Data Analytics Digital Marketing Public Policy Artificial Intelligence Technology Leadership Data Science MBA Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates "India will therefore be paying a tariff of 25%, plus a penalty for the above, starting on August 1st. Thank you for your attention to this matter," the two-time president said. Trump slammed India for its long-standing trade practices and foreign policy alignments, particularly its close ties with Russia. — Rapid Response 47 (@RapidResponse47) July 30, 2025 Live Events Speaking to reporters aboard Air Force One, he reiterated his view that India's tariff regime has historically been unfair but noted, 'I think the trade deals are working out very well. Hopefully for everybody, but for the United States, they're very, very good.' On the Indian side, officials have sought to downplay tensions, projecting confidence in the negotiation process. More to come...
Time of India
2 days ago
- Business
- Time of India
Apparel, F&B drive 54% of leasing in H1 2025 as millennials and Gen Z shape India's retail future
India's retail real estate is undergoing a dynamic transformation, driven by shifting consumer behaviors and preferences—particularly among Millennials, Gen Z , and even Gen Alpha. These generations are redefining retail by prioritizing convenience, digital integration, and meaningful brand experiences. According to the latest research by ANAROCK, apparel and food & beverage (F&B) brands have emerged as the two dominant retail categories in terms of leasing activity. Explore courses from Top Institutes in Please select course: Select a Course Category Others Management Healthcare Leadership Operations Management Data Science Degree CXO PGDM Technology Design Thinking Public Policy Digital Marketing Artificial Intelligence Data Science Project Management Data Analytics Product Management Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo Together, they accounted for 54% of total retail leasing—roughly 2 million sq. ft.—across the top seven Indian cities in the first half of 2025. This marks a sharp rise from their combined 37% share in 2023, signaling a significant shift in expansion strategies across the retail landscape. "Individually, the leasing share of apparel—currently the top leasing category—has declined from 42% in FY19 to 37% in FY25 and is expected to fall further to 32% by FY30,' said Anuj Kejriwal, CEO & MD of ANAROCK Retail. 'On the other hand, F&B has grown from 8% in FY19 to 12% in FY25, and we project it will rise to 16% by FY30.' Live Events Online disruption vs. experiential consumption The decline in apparel leasing reflects broader pressures faced by traditional retail formats—particularly from e-commerce and the rise of quick commerce. Value-based segments such as hypermarkets and fast fashion are increasingly losing ground to digital alternatives that offer doorstep delivery and competitive pricing. In contrast, experiential and high-value categories such as F&B, beauty and wellness, sports, and jewellery are gaining favor. 'Jewellery, for instance, grew from a mere 2% leasing share in FY19 to 5% in FY25, and is forecasted to hit 13% by FY30,' Kejriwal added. These changes reflect evolving customer expectations. While older generations prized trust and brand loyalty, today's consumers demand personalized experiences, fast service, and emotional resonance—often driven by what they see on social media and digital platforms. H1 2025 leasing snapshot Among the 2 million sq. ft. of net retail absorption in H1 2025: 33% was taken up by apparel brands 21% by F&B 16% by entertainment zones 11% by home & lifestyle brands This distribution highlights the changing priorities of both retailers and consumers, as malls and retail spaces pivot to include more experiential zones and diversified offerings. The future of retail is personalized and tech-driven The data clearly shows how Indian retail is realigning with today's customer habits and preferences. While previous generations valued brand loyalty and word-of-mouth recommendations, Millennials and Gen Z value convenience, personalization , and emotional connection. "We can see an unequivocal preference for quick, customized, valuable experiences clearly influenced by digital platforms and social media," says Kejriwal. "This change is pushing retail beyond traditional stores to tech-enabled, customer-focused formats. The aspirations of today's tech-savvy, fast-paced consumers are the key to retail success now." As technologies like AI, automation, and sustainable retailing gain prominence, the role of physical stores is being redefined. Retailers must now go beyond transactions to create meaningful connections with their audience. Flexibility, storytelling, and purpose-driven branding are fast becoming the cornerstones of modern retail success. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
