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India holds the top spot in our EM playbook: Bernstein's Venugopal Garre
India holds the top spot in our EM playbook: Bernstein's Venugopal Garre

Business Standard

time2 days ago

  • Business
  • Business Standard

India holds the top spot in our EM playbook: Bernstein's Venugopal Garre

Garre tells that improving macro conditions and lower earnings risk make this a good time to start evaluating bottom-up opportunities in quality midcaps Listen to This Article Mid and smallcap stocks took a beating during the market correction earlier this year. Venugopal Garre, managing director and India head of research at Bernstein, tells Puneet Wadhwa in an email interview that improving macro conditions and lower earnings risk make this a good time to start evaluating bottom-up opportunities in quality midcaps. His December 2025 Nifty target is 26,500. Edited excerpts: It has been a choppy year for equities globally. Which camp are you in — the bulls or the bears? Globally, we expect continued volatility as policy uncertainty remains high, particularly with ongoing US-China trade negotiations and shifting

Bernstein Keeps Their Buy Rating on Bajaj Auto Limited (BAJAJ.AUTO)
Bernstein Keeps Their Buy Rating on Bajaj Auto Limited (BAJAJ.AUTO)

Business Insider

time31-05-2025

  • Automotive
  • Business Insider

Bernstein Keeps Their Buy Rating on Bajaj Auto Limited (BAJAJ.AUTO)

Bernstein analyst Venugopal Garre maintained a Buy rating on Bajaj Auto Limited ( – Research Report) today. The company's shares closed today at INR8,607.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Garre is a 5-star analyst with an average return of 31.8% and a 78.13% success rate. Garre covers the Consumer Cyclical sector, focusing on stocks such as Sea, Bajaj Auto Limited, and Maruti Suzuki India Limited. In addition to Bernstein, Bajaj Auto Limited also received a Buy from CLSA's Basudeb Banerjee in a report issued today. However, on the same day, J.P. Morgan downgraded Bajaj Auto Limited (NSE: to a Hold.

Oklahoma hires Latham team for US Supreme Court religious rights case
Oklahoma hires Latham team for US Supreme Court religious rights case

Reuters

time03-04-2025

  • Politics
  • Reuters

Oklahoma hires Latham team for US Supreme Court religious rights case

April 3 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to opens new tab) Oklahoma has hired one of Washington's top appellate lawyers for a coming clash over First Amendment religious rights and charter schools at the U.S. Supreme Court. The state turned to Latham's Gregory Garre, a former Republican-appointed U.S. solicitor general, to lead the team for Oklahoma's Republican Attorney General Gentner Drummond. Latham will bill up to $250,000 for the work at the high court, according to a contract obtained by Reuters through a public records request. Drummond in 2023 sued to block St. Isidore of Seville Catholic Virtual School from becoming the first taxpayer-funded religious charter school in the country. Drummond argued his office was bound to "prevent the type of state-funded religion that Oklahoma's constitutional framers and the founders of our country sought to prevent." Garre is facing off against conservative legal group Alliance Defending Freedom, representing Oklahoma's Statewide Charter School Board. Dechert represents St. Isidore. The state's high court in June ruled against the board and organizers of the proposed school. Garre, who is asking the justices to uphold restrictions on funding for religious education, did not immediately respond to a request for comment. In a statement, the Oklahoma attorney general's office called Garre a "brilliant legal mind." The Supreme Court is scheduled to hear arguments in the case on April 30. In 2008, Garre served as the Senate-confirmed U.S. solicitor general, the nation's highest government appellate lawyer. He has argued 49 cases at the Supreme Court. Five Latham associates appeared with Garre on the Supreme Court brief he filed, opens new tab on Monday for Drummond. They said a ruling for the board would cause "chaos and confusion for thousands of charter schools and millions of schoolchildren nationwide." Latham's flat fee includes $100,000 for consulting with the U.S. Justice Department to encourage it to file an amicus brief, and another $100,000 for filing the state's brief. The firm will be paid $50,000 after oral arguments. Garre has billed corporate clients at least $2,035 an hour, according to a Reuters review of U.S. bankruptcy records, but he is likely not charging that amount to Oklahoma, which said the firm had provided a discount. Oklahoma in other cases has brought on U.S. Supreme Court veterans, including Paul Clement, who also was a U.S. solicitor general during the George W. Bush administration, and Kannon Shanmugam, who leads the Washington, D.C. office of law firm Paul Weiss. -- New U.S. ethics disclosures from some of President Donald Trump's top legal nominees offered a glimpse at compensation at some of the country's most prestigious law firms. Jay Clayton of Sullivan & Cromwell, nominated as the U.S. attorney for the Southern District of New York, reported receiving more than $6.7 million from the law firm since the start of 2024, according to his disclosure. Other financial disclosures showed attorney pay at law firms Jones Day, Sidley Austin and Skadden Arps. -- A lawyer who is suing Northwestern University's law school over its hiring practices is fighting the school's request for attorney fees after his client dropped its lawsuit and refiled a new one minutes later. Jonathan Mitchell, a lawyer for Faculty, Alumni, & Students Opposed to Racial Preferences (FASORP), said in a Tuesday filing, opens new tab that Northwestern's misconduct allegations, including that they dismissed and refiled their lawsuit to "gain a tactical advantage," are false and defamatory. "It is neither 'bad faith' nor 'vexatious' for a lawyer to dismiss and refile if he sincerely believes that this is the least expensive and least burdensome way of effectuating an amendment to his pleading — even if that belief turns out to be mistaken," Mitchell wrote. FASORP sued Northwestern in July, claiming its law school discriminates against white men in faculty hiring and other practices. FASORP dismissed its own lawsuit on January 31, and then refiled it minutes later, according to Northwestern. Northwestern accused FASORP of trying to dodge a potentially adverse ruling on its bid to add a Title VII claim to its original lawsuit. Mitchell denied the allegations. A spokesperson for Northwestern declined to comment. Mitchell and FASORP's other attorneys did not immediately respond to requests for comment. Read more: Latham, Northwestern seek fees from conservative group in bias case Purdue Pharma fees surpass $250 million for Davis Polk amid new bankruptcy plan Oracle lawyers' $58 million fee award on the line in Rimini Street appeal

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