Top stocks to watch on May 18

Jefferies has a buy rating on Bharti Airtel with the target price raised to Rs 2,350 from Rs 2,250. Analysts said the telecom major’s Jan-March quarter (Q4FY26) revenues and earnings before interest, taxes, depreciation, and amortisation (EBITDA) beat analysts’ estimates, but normalised profits missed estimates. India mobile average revenue per user (ARPU), strong growth in…

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Stopped from holding meets, Tata Trusts weighs options

MUMBAI: Tata Trusts is weighing its options in response to the Maharashtra charity commissioner’s order restraining it from convening board meetings — including seeking clarifications on the directive, approaching the commissioner’s office to argue that the order cannot apply as a blanket restraint on all Trusts, or challenging it before the Bombay high court.People familiar…

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WHO declares Ebola outbreak global health emergency

NEW DELHI: As the World Health Organization on Sunday declared the Ebola outbreak in Congo and Uganda a Public Health Emergency of International Concern (PHEIC), Indian health experts said there is no reason for panic as Ebola does not spread like Covid-19, though vigilance and early detection remain crucial.Health ministry officials said no Ebola case…

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Muthoot eyes Rs 4,000 crore from IPO, share split

MUMBAI: Muthoot Fincorp has approved plans to raise up to Rs 4,000 crore through an initial public offering of equity shares and a share split, as part of a broader capital-raising programme cleared by its board on May 16, even as the company reported growth in its latest financial results.In an exchange filing, the company…

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PM Modi, Kristersson exchange unique gifts

NEW DELHI: Prime Minister Narendra Modi and his Swedish counterpart Ulf Kristersson on Sunday exhchanged special commemorative gifts to celebrate the legacy of Rabindranath Tagore.According to a statement, Kristersson gifted a two replicas of hand-written epigrams by Tagore, accompanied by a small explanatory text and a photograph of Tagore taken in 1921 during his visit…

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