Wed, Apr 24, 2024 6:09 PM
Invesco India, CEO, others pay Rs 5 cr to settle regulatory violation
A Flip by Avya Verma
Investors should look for broken stocks, not broken companies. That's one of my favorite investment rules, and successfully following it can make you a lot of money. So, which label applies to coffee chain giant Starbucks (NASDAQ: SBUX)?The stock has suffered an extended slide and is over 40% off its former high after a poor reception to its fiscal second-quarter earnings report.
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Of the nearly 800 lakes coming under BBMP (Greater Bengaluru) and Bengaluru Urban district areas, as many as 125 have gone dry, exposing the severity of the summer this year and 25 more BBMP lakes are heading in that direction, with only a good spell of rain in the next two weeks could save them. Of the 125 dried-up lakes, 100 are in Bengaluru Urban district.
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JBM Auto is targeting revenue of ₹3,000 crore from its electric vehicles (EV) business for the current financial year (FY25) from ₹1,750 crore in FY24. In a conversation with CNBC-TV18, the company's Vice Chairman and Managing Director Nishant Arya said the company is looking to deliver about 2,500 electric buses this year.
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