Latest news with #Muthiah
Business Insider
5 days ago
- Business
- Business Insider
Goldman Sachs Remains a Buy on Ola Electric Mobility Limited (OLAELEC)
In a report released today, Chandramouli Muthiah from Goldman Sachs maintained a Buy rating on Ola Electric Mobility Limited, with a price target of INR63.00. The company's shares closed today at INR47.07. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Muthiah covers the Consumer Cyclical sector, focusing on stocks such as Ola Electric Mobility Limited, Tata Motors Limited, and Hero Motocorp Limited. According to TipRanks, Muthiah has an average return of -3.1% and a 41.38% success rate on recommended stocks. Ola Electric Mobility Limited has an analyst consensus of Hold, with a price target consensus of INR45.75. The company has a one-year high of INR157.53 and a one-year low of INR39.67. Currently, Ola Electric Mobility Limited has an average volume of 4.42M.
The Hindu
02-07-2025
- Entertainment
- The Hindu
Remembering The man who could never say no
Arun Vasu, whom I have known from the time I was a cherubin kindergarten, his older brother Arvind and I being classmates, called the other day to say that a two-day event is being planned at the Music Academy, to mark 20 years of his father T.T. Vasu's passing. That brought to my face a smile and to my mind vivid memories of Vasu himself. He was one of the most colourful personalities I have known. Not perhaps the most practical person, and certainly difficult to bear if you annoyed him, his vocabulary being of the chaste Madras Bhashai variety, but certainly a most lovable human. My earliest memories are of attending birthday parties of his sons at his Cathedral Road residence. To a child, he was an enormously tall man, with a booming voice and a ready grin. It was only later that I got to know of his T.T.K. lineage. S. Muthiah, who knew him intimately, filled me in on many aspects of Vasu. And I consider the biography of his that Muthiah wrote and titled, The Man Who Could Never Say No, to be among the finest in its genre. Vasu was brought to life, warts and all, by Muthiah, as only he could. The youngest son of T.T. Krishnamachari and Rajalakshmi, Vasu lost his mother when he was very young. His upbringing was largely left to an indifferent grandmother. To Vasu, his father was his idol but T.T.K., busy with his public career, could not care less. All of this in Muthiah's opinion, left a mark on Vasu. Having graduated, Vasu joined the family enterprise of T.T.K. & Co, and was hugely instrumental in setting up many of its businesses, including Prestige and the London Rubber Company. The ease with which he made friends, and established contacts in all rungs of society, made it easy for him to get enterprises going, in an era when the licence-quota raj was at its height. Today, all of this would be called networking but Vasu bonded with genuine affection. And he expected the same from those with whom he bonded. And he was hurt many a time for this naïve faith. Not that he changed. But once a business started functioning, he never focused on it and would move on. And that created its own set of problems. But certainly, the number of businesses he was involved in, for his family and also for friends, is legion. Not many may be aware that the Adyar Gate Hotel, later Welcomgroup Park Sheraton and later Crowne Plaza of late lamented memory, was his brainchild. Its Dakshin, which he conceptualised with his cook, still functions. The Iyer's trolley there commemorates his cook. A patron of many charities A huge fan of Errol Flynn, Vasu established a club for the former's fans in Madras. His efforts to learn Carnatic music may not have come to much, but his years as the Music Academy's President will always be remembered and bring a smile. He was enormously encouraging of the Youth Association for Carnatic Music (YACM), which did much to popularise the art in the 1980s and 1990s. Generous to a fault, Vasu was a patron of many charities, and the proceeds from this two-day event will go to the Balamandir Kamaraj Trust, of which he was president for long. It champions the cause of disadvantaged children all over the State. The two-day event, on July 5 and 6, at the Music Academy, features L. Subramaniam and Ambi Subramaniam on July 5, and T.M. Krishna on the next day. (V. Sriram is a writer and historian)
Business Insider
01-06-2025
- Automotive
- Business Insider
Goldman Sachs Sticks to Its Buy Rating for Bajaj Auto Limited (BAJAJ.AUTO)
Goldman Sachs analyst Chandramouli Muthiah maintained a Buy rating on Bajaj Auto Limited ( – Research Report) on May 29 and set a price target of INR9,600.00. The company's shares closed last Friday at INR8,607.00. Confident Investing Starts Here: Muthiah covers the Consumer Cyclical sector, focusing on stocks such as Ola Electric Mobility Limited, Bajaj Auto Limited, and Hero Motocorp Limited. According to TipRanks, Muthiah has an average return of -2.3% and a 41.67% success rate on recommended stocks. In addition to Goldman Sachs, Bajaj Auto Limited also received a Buy from Investec's Aditya Jhawar in a report issued yesterday. However, on the same day, UBS maintained a Sell rating on Bajaj Auto Limited (NSE:
Middle East Eye
13-05-2025
- Politics
- Middle East Eye
Rights groups say Starmer's migration comments risk reigniting far-right riots
Rights groups say Prime Minister Keir Starmer's comments about curbing migration to the UK risk sparking a fresh wave of riots targeting mosques and asylum hotels this summer. In a speech, which politicians and rights groups say recalled rightwing politician's Enoch Powell's notorious 'rivers of blood' speech, Starmer defended Labour's plans to curb net migration to the UK. During Monday's speech he said that the country risked becoming 'an island of strangers' and that he intended to 'take back control of our borders', referring to the UK, and end a 'squalid chapter' of increased migration. Powell's 1968 speech, which warned of a future Britain where the white population would be 'strangers in their own country', sparked widespread attacks on ethnic minorities. Starmer outlined plans for sweeping reforms of the immigration system, including raising language requirements for all visas including dependents, requiring applicants for skilled workers visas to hold a degree, and an end to overseas recruitment for social care work. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters Under the new rules, people will now have to wait 10 years rather than five before applying for indefinite leave to remain. Rights groups have warned that the inflammatory comments risk sparking a resurgence of last summer's anti-immigration and anti-Muslim riots. MP Shockat Adam says Starmer dodging issue of Gaza atrocities after Commons exchange Read More » 'It's not even a year since the racist riots,' Ravishaan Rahel Muthiah, director of communications at the Joint Council for the Welfare of Immigrants (JCWI), told Middle East Eye. 'A lot of people, including ourselves, are saying it's echoing the far right, but it's further than that, because the far right don't have the platform.' 'When the prime minister is saying things that maybe street fascists, or people who comment on our Instagram and social media accounts say, it has a massive effect,' he said. Muthiah emphasised that the impacts of the measures will not just be felt by migrants, and could have broader implications for communities of colour in the UK. 'The ripple effect will be felt on our streets, will be felt by our clients and it will be felt by the broader communities of British South Asians, British African and Caribbean communities - not just migrants that have newly come to the country, but people that have lived in this country for decades,' Muthiah added. A propaganda stunt Campaigners pointed to Labour's anti-migrant rhetoric in fuelling last summer's riots which targeted mosques and hotels housing asylum seekers in towns and cities across the UK. 'Controlling the UK's borders' was central to Labour's election campaign, with Starmer pledging to slash 'sky-high' net migration figures and to 'smash the gangs', echoing the Conservative 'stop the boat' slogan. Despite announcing the former Conservative government's flagship Rwanda scheme 'dead and buried,' Starmer's government has turbocharged deportations, releasing video footage of people being led onto deportation flights. Chief executive of the NGO Care4Calais, Steven Smith, pointed out that although Starmer's speech was addressing legal migration, the policies and rhetoric effectively demonise those seeking asylum in the UK. Labour MPs and supporters 'outraged' by slew of harsh anti-immigration measures Read More » 'It's interesting that within minutes of Starmer's speech finishing yesterday morning Nigel Farage was already proclaiming that 250 people seeking asylum had already been seen in small boats trying to cross the channel during the speech itself,' Smith told MEE. 'It's a massive propaganda stunt. Although the talk is about legal migration, the impact people think of is rubber boats and orange life jackets. 'We saw the riots over the summer, and if we continue to see language like this being used, we'll see riots again this summer,' Smith warned. Maddy Crowther, co-executive director at the NGO Waging Peace, warned that the fallout of the new polices and Starmer's inflammatory rhetoric will be felt by the small number of Sudanese who have fled the conflict and sought refuge in the UK. 'We host a vanishingly small proportion of those fleeing deadly violence in Sudan given there are no safe and legal routes to seek safety here. We should be creating a culture of welcome for such individuals, not of antipathy,' she told MEE. Rhetoric aside, JCWI is concerned about the impact of the new policies on its clients, which Muthiah highlighted will impact the poorest. He described the new language requirements, which demand that every adult accompanying a worker to the UK pass an online English Level A1 test, as 'racist' and 'classist'. Should workers apply for a visa extension, their dependents will be required to pass the English A2 test. 'I don't know whether that requirement will stand for the millionaires or billionaires that may be coming into this country. And I don't know whether it will stand for, for example, football players. There are football players that come to our country to multi-million pound deals - a lot of the time they don't speak English,' Muthiah said. The changes will also directly impact JCWI'S staff. 'The plans don't take into account people who are trying to plan their lives' - Sarker Shams Bin Sharif, Joint Council for the Welfare of Immigrants Sarker Shams Bin Sharif, JCWI's digital campaigner, is facing a prolonged wait before he can apply for indefinite leave to remain (ILR). 'The plans don't take into account people who are trying to plan their lives,' Sharif said. Before the raft of measures was announced, Sharif had to pay a bill of over £20,000 ($26,500) to renew his skilled worker visa for himself and his family. It will last him three years, but the changes mean he will have to renew the visa for another two years after that before he can apply for ILR. 'It's extremely punitive and taxing, and they've just doubled it without any consultation of anyone involved,' Sharif said. Furthermore, Sharif noted that those on visas have no recourse to public funds, a visa condition which prevents most migrants from accessing the majority of state-funded benefits, including child care. 'The government doesn't cover any of it, your child is going to be one of those children who will not have the luxury of going to nursery. When they grow up, they will always be a few steps behind,' he said. 'This is the whole system, they want to create a class of people who will be suffering and who can be blamed. That's the desired effect they're having on every migrant.'
