US Stocks Focus

Gelonghui, May 8 | U.S. ride-hailing giant Lyft (LYFT.US) U.S. stocks rose about 6.7% before the market opened, at $17.71

According to China Daily, it is reported that during his recent visit to China, Elon Musk, CEO of the American electric car company Tesla, proposed testing autonomous vehicles (FSD) in the form of taxis in the Chinese market. The Chinese government There may be partial support for the program

The Securities and Exchange Board of India has slapped a penalty of ₹15 crore on Arun Panchariya for alleged fraudulent activities related to the issuance of Global Depository Receipts (GDR) by Winsome Yarns Ltd. The latest ruling comes less than six months after appellate tribunal SAT, on an appeal filed by Panchariya, asked the watchdog to relook the matter and also said the ₹25 crore imposed on him cannot be sustained. Dixon Electro Appliances, subsidiary of Dixon Technologies, has entered into an agreement with Nokia Solutions and Networks OY (Nokia) for development and manufacture of telecom products. The board of JSW Energy has approved raising funds up to ₹10,000 crore in one or more tranches, as the power producer looks to snap up clean energy companies put on sale, amid targets to achieve 20 Gigawatt (GW) capacity by 2030. Patel Engineering and its joint venture partner have emerged as the lowest bidders for an irrigation project worth ₹343 crore. The company said its share in the irrigation project stands at ₹119.97 crore. The project, located in Maharashtra, involves construction of…

Rattanindia Enterprises Ltd’s subsidiary Revolt Motors announced new pricing structure for its RV400 and RV400 BRZ models to make them more affordable for consumers.

Target: ₹1,10,000

Target: ₹530

Zhitong Finance learned that most of the financial reports of the world’s largest technology companies brought good news.

Apple\’s quarterly revenue is better than market expectations. The company predicts that sales will return to positive growth this quarter, and the market is optimistic that the decline in performance is expected to slow down.

Target: ₹4,030

The US Federal Reserve’s interest rate googly may be a bit of a dampener for foreign portfolio flows into India in the near term.