Jefferies Report

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  Indians Spend Almost Twice On Weddings Than On Education: Report

  Indians spend nearly double on weddings compared to what they spend on education, a new report has revealed.

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  "Back On Expansion Spree": Jefferies Bullish On Adani Group

  Adani Group is back on an "expansion spree"and eyeing USD 90 billion capex over the next decade, said investment bank and financial services firm Jefferies in a report, as it forecasts a road ahead for the Group.

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  Telecom Firms Bharti Airtel, Reliance Jio to Hike Tariff by 10 Percent, Says Jefferies: Report

  Telecom operators are likely to soon announce tariff hikes as they look to reduce pressure on the revenue and margins and improve their average revenue per user (ARPU). According to Jefferies, Airtel and Jio are reportedly expected to increase their tariffs in the last quarter of fiscal 2023, 2024, and 2025.

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  iPhone 7 Outselling iPhone 8 in the US: Report

  Traditionally, new editions of the iPhone have sold quickly as fans queue for the latest upgrade.

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  Jio Will Continue To Remain Disruptive: Jefferies

  Last week Jio reported that out of its over 100 million subscribers of free services, over 72 million have enrolled for the Jio Prime membership.

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  Post-Note Ban, Mixed Bag For Consumer Sector In 2017: Jefferies

  The report said post demonetisation, staples like soaps and detergents would see little impact because of need-based demand.

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  BSE Plans To Hire Banks For $150 Million IPO: Report

  BSE Ltd, India's second-biggest exchange, plans to hire Axis, Edelweiss, Jefferies and Nomura as joint global coordinators for a $150 million initial public offering in India, IFR reported, citing two sources close to the transaction.

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  Pharma Companies May Report Strong Revenue Growth For Q1: Jefferies

  The pharmaceuticals sector may report strong revenue growth for the first quarter of the current fiscal year, foreign brokerage Jefferies has said in a report.

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  Indian Consumer Companies' Topline Growth Hits 20-Year Low: Jefferies

  Revenue growth of consumer discretionary companies in India has hit a 20-year low and they are expected to report weak earnings for the December quarter as the consumption pattern for products across all categories remains sluggish, according to a report by Jefferies.

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  Jefferies readies loans for Icahn's Dell bid: Report

  Icahn is expected to have the financing lined up for a July 18 shareholder vote on the Silver Lake bid.

• Google stock surges to new record above $900

  Google shares leapt to a new all-time high Wednesday, topping $900 for the first time, as the Internet giant opened its developers' conference and reports said new services were planned.

• Dell profit falls 31 per cent as investors ponder $24 billion buyout

  Dell Inc on Tuesday reported a 31 per cent drop in profit, hurt by a shrinking consumer business, as investors weighed founder Michael Dell's offer to buy out the world's No.3 maker of personal computers.

• GM profit misses estimates; losses in Europe deepen

  General Motors (GM) reported a weaker-than-expected fourth quarter profit on Thursday, citing wider losses in Europe and lower vehicle prices plus higher costs in its core North American market.

• Infosys may cut FY13 guidance: Jefferies

  The report comes as other analysts warn of rising risks to Infosys as global corporates cut IT spending and given recent forex volatility.

• Struggling BlackBerry maker begins job cuts

  RIM declined to provide numbers, but will offer an update when it reports quarterly financial results on June 28.