Mahindra & Mahindra (M&M) shares will be in the spotlight on Thursday, November 13, following the company’s announcement of a joint venture agreement with The Manufacturers Life Insurance Company (Manulife) to establish a 50:50 life insurance joint venture in India.The agreement was approved by M&M’s Board of Directors on November 12 and executed the same […]
Only one day after HSBC has upgraded Indian shares to ‘overweight’ of ‘neutral’ after attractive valuations, supporting government policy and resilient domestic streams, the broker has now said that foreign institutional investors (FIIs) will probably make a comeback after a long -term absence of 12 months. To take advantage of this trend, HSBC has mentioned […]