Latest news with #Patni
Business Insider
2 days ago
- Business
- Business Insider
Cummins India Limited (CUMMINSIND) Gets a Sell from Goldman Sachs
Goldman Sachs analyst Pulkit Patni maintained a Sell rating on Cummins India Limited (CUMMINSIND – Research Report) on May 29 and set a price target of INR2,690.00. The company's shares closed last Friday at INR3,268.10. Confident Investing Starts Here: According to TipRanks, Patni is a 2-star analyst with an average return of 1.6% and a 50.00% success rate. Patni covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd.. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Cummins India Limited with a INR2,510.00 average price target, implying a -23.20% downside from current levels. In a report released yesterday, Jefferies also maintained a Sell rating on the stock with a INR2,405.00 price target.
Indian Express
26-05-2025
- Entertainment
- Indian Express
Pati, Patni, Aur Panga likely to replace Laughter Chefs 2, Hina Khan-Rocky Jaiswal, Gurmeet Choudhary-Debina Bonnerjee to particpate
Actress Hina Khan has been battling breast cancer for some time, and while her on-screen appearances have been limited to cameos, she is now set to return with a new reality show on Colors TV. The channel recently announced its latest non-fiction offering, Pati, Patni Aur Panga, also revealing that actors Gurmeet Choudhary and his wife, Debina Bonnerjee, will be part of the show. However, SCREEN has exclusively learned about other celebrity participants who will be joining the lineup. A source tells us that Hina Khan and her boyfriend, Rocky Jaiswal, will be seen on the show as celebrity contestants. In addition to Hina-Rocky and Gurmeet-Debina, comedian Sudesh Lehri and his wife are also expected to join the lineup. Another source reveals that Colors TV's upcoming reality show will largely feature familiar faces from the network's talent pool. Apart from these three couples, others likely to participate include Ankita Lokhande and Vicky Jain, Rahul Vaidya and Disha Parmar, and Krushna Abhishek with Kashmera Shah. Names like Arjun Bijlani and his wife, Aly Goni and Jasmin Bhasin, and Karan Kundrra and Tejasswi Prakash are also being discussed. Also Read | Vikrant Massey, Hina Khan and Priyanka Chopra's mother Madhu Chopra meet Sri Sri Ravi Shankar at Bengaluru Ashram. See pics In Pati, Patni, Aur Panga, celebrity couples will take on entertaining challenges designed to test their chemistry. According to sources, the show is expected to replace Laughter Chefs Season 2. Also Read | Rozlyn Khan slams Ankita Lokhande for supporting Hina Khan, takes dig at her marriage with Vicky Jain: 'Woman who could use death of her ex' Usually, this time of year sees Khatron Ke Khiladi airing on Colors TV. However, amid uncertainty surrounding its return, the channel's announcement of a new non-fiction property has sparked speculation that Khatron Ke Khiladi may have ended for good. The new show is slated to premiere next month, with promos already shot and ready to air. Nawaz Kochra is an enthusiastic entertainment journalistic for the last 9 years, he has been a known face and successfully worked with some big publications. At Nawaz majorly covers TV and OTT and also does video interviews. Having the best conversations with celebrities is what Nawaz loves. ... Read More
Entrepreneur
21-05-2025
- Business
- Entrepreneur
Jason Kothari's Mythik Raises USD 15 Mn Round to Build the 'Disney from the East'
The round drew participation from a diverse group of global and Indian investors, including Sakal Media Group, BITKRAFT, Shah Rukh Khan's family office, VC Grid, Visceral Capital, the Patni family office, and several influential individuals such as Saif Saeed Ghobash, Jaynti Kanani, Deepen Parikh, Marc Younan and more. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Jason Kothari, former executive at Snapdeal and has raised USD 15 million in seed funding for his new venture Mythik. The round drew participation from a diverse group of global and Indian investors, including Sakal Media Group, BITKRAFT, Shah Rukh Khan's family office, VC Grid, Visceral Capital, the Patni family office, and several influential individuals such as Saif Saeed Ghobash, Jaynti Kanani, Deepen Parikh, Marc Younan and more. Launched last month, Mythik is a tech-first global entertainment company aiming to bring Eastern mythology, history, and folktales to a worldwide audience for the first time. With a vision to become the "Disney from the East," Mythik plans to modernise ancient narratives using immersive technology, targeting a built-in global audience of 3.5 billion people. "We are excited about the world-class and strategic investors we have brought together and look forward to realizing Mythik's vision and mission to bring Eastern mythology, history and folktales to the forefront of global entertainment and inspire happiness, peace and hope," said Jason Kothari, Founder of Mythik. The company's founding team comprises former senior executives from Disney, Netflix, Amazon Studios, Jio, and Tencent, bringing a wealth of global entertainment experience. Kothari's entrepreneurial journey began at Wharton, where he revived Valiant Entertainment, later selling it for USD 100 million and serving as executive producer of the Vin Diesel-starrer Bloodshot. He also served as CEO of and FreeCharge, and later as Chief Strategy and Investment Officer at Snapdeal. With strong investor backing and a culturally rich yet globally untapped content base, Mythik is poised to reimagine storytelling for the modern era—bridging heritage and high tech to craft powerful, globally resonant narratives.
Economic Times
22-04-2025
- Business
- Economic Times
ETMarkets NRI Talk: Corporate bond funds gain favour amid rate cut expectations: Julius Baer's Ashwin Patni
As global uncertainties and trade tensions continue to weigh on investor sentiment, rate cut expectations in India are beginning to shape new opportunities in fixed income. In a conversation with ET Markets NRI Talk, Ashwin Patni, Head – WMS at Julius Baer India, shares why corporate bond funds are gaining renewed favour among investors. He explains how the evolving macro environment is prompting a shift in asset allocation strategies, especially for those seeking stability amid market turbulence. Patni also delves into why staying the course and maintaining a balanced portfolio remains critical for NRIs and Indian HNIs alike in the current climate. Edited Excerpts – ADVERTISEMENT Q) Thanks for taking the time out. How might escalating trade tensions between major economies like the US and China affect the global investment landscape for NRIs?A) The intense market uncertainty and volatility from the initial shock of the tariff announcement has begun to settle down in the last few days as attention moves to negotiating trade deals with individual countries. However, this promises to be a drawn-out process with lots of noise till a final outcome is reached. While the more structural aspects of any trade deal will take time to play out, the key risk right now is that of global economic slowdown in the face of this uncertainty as corporate decision making gets held up. Investors are best served in this environment by staying focused on their long-term objectives and asset allocation and avoid taking short term calls linked to the market noise. Q) In the wake of a tariff war, should NRIs consider reallocating part of their portfolio from global equities to safer fixed-income instruments or gold? A) As mentioned above the initial shock effect of the tariff announcements on the market seems to have settled down. Accordingly taking a short-term market timing call at this juncture may be counterproductive. ADVERTISEMENT Having said that, the likelihood of a global slowdown at the margin has improved the chances of a deeper rate cut cycle in India and we have been bullish on playing that through corporate bond strategies. Q) Could India benefit as a manufacturing alternative amid US-China trade tensions, and how can NRIs capitalize on this shift?A) India stands to be a long-term beneficiary from the likelihood of global players diversifying their supply chains. India is also relatively sheltered from the global tariff uncertainty on account of its largely domestically oriented economy. ADVERTISEMENT However, given how our capital markets are integrated with global flows, any global risk-off sentiment creates a reaction in the local markets as to the correction in the last 6 months, Indian market valuations are now much more in line with their long-term averages - especially for large caps. ADVERTISEMENT Therefore, investors should be comfortable with making long term allocations to the Indian equities at this juncture - on a staggered basis to minimize any market timing risk. Q) What role do international investment opportunities play in the portfolios of Indian HNIs, and how are wealth managers facilitating access to these markets? A) Indian investors have a large home bias. There are also limitations for Indian investors in terms of accessing global products. Accordingly, most Indian investor portfolios tend to be overwhelmingly allocated to Indian assets. ADVERTISEMENT Historically this has worked well for investors given the performance of the Indian markets. Going forward allocation to global markets will be a function of market opportunities as well as the ability to access products. Thus, any shift to global assets will be quite slow and will only happen over time. Q) How is the increasing wealth in Tier 2 and Tier 3 cities influencing your firm's client acquisition and service strategies? A) While in absolute size Tier 1 markets continue to dominate, Tier 2/3 cities have seen a lot of wealth generation and monetization events in the last few have been investing in expanding our network and reach and have seen good success in the same. Q) Are wealth managers recommending any specific asset classes or geographies as a hedge against trade-related global market turbulence? A) As mentioned earlier, at the margin we have become more constructive on a deeper rate cut cycle in India and corporate bond funds look quite attractive. Q) If someone plans to invest $10,000 in India – what should be the ideal asset allocation strategy for the next 3-5 years? A) There is no one size fits all asset allocation, but all investors should take a balanced approach that spreads their portfolio across key asset classes rather than letting any one asset class like equity dominate – regardless of how attractive it may appear.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
The National
19-03-2025
- Lifestyle
- The National
My Own Home: Three generations under one roof at Dh2.1 million Damac Hills 2 villa
My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in After a decade of living together in Abu Dhabi, Nafisa Patni and her husband, Zeeshan Razzaqi, decided to make the move to Dubai and purchased a property in Damac Hills 2. Mr Razzaqi was raised in the capital, but is now director at workplace solutions company Bisdesk, in Dubai. Ms Patni, a content creator, also runs her own marketing company, so it made sense for them to uproot. Now, they live happily in their Dh2.1 million four-bedroom villa, which they bought off-plan, with their daughter and Mr Razzaqi's father, Mohammad. While they have no intentions of moving just yet, Ms Patni has not ruled it out. The National takes a look around. We have four bedrooms upstairs, and downstairs, there is a hall, a maid's room, a storeroom, a kitchen and a garden. Technically it was pre-Covid, but it was handed over to us after the pandemic. We bought it for Dh2.1 million and I don't know the current value today. The storage capacity in the house is very poor, so we did renovations to add more storage options. We got the garden renovated and did a little bit in the hall for a showcase, but overall we've done very few renovations. It's very, very cosy with a lot of earthy textures and neutral colours – most of it is white. We have a lot of natural plants in the house. We love plants. My garden area is a small, cosy place where we sit during the evenings inside the cabana so we can enjoy the weather. We have a lot of birds coming because we keep bird food everywhere. So, in the morning and evenings they come for the food and water and the sounds of the birds is very therapeutic and really relaxing. My daughter likes to play outdoors and we have tea time, then after dinner we sit and chat. Then indoors is more of a calming place where we have nice, neutral colour palettes and a large collection of vintage items. My husband loves collecting, especially from Asia. We have some things that are more than 500 years old. We were based in Abu Dhabi for more than a decade, then my husband started his own business in Dubai, and so they decided that it's time to shift to Dubai. When we started the business, the intention was not to go back to our hometown, because life in the UAE is definitely worth living. My father-in-law had settled in Abu Dhabi, so my husband's schooling and everything was done in Abu Dhabi. After all that time, they decided to invest in Dubai. This was our first investment, because earlier we were in a rented house in Abu Dhabi. It didn't make sense to keep paying rent when we have an intention to settle here. So we decided Dubai was the best place to invest in, as this place is definitely developing day by day. The ambience. When we looked at the plans, the entire layout and the community set-up was lush and green. Earlier, the name of this community was Akoya Oxygen, which meant lots of fresh air, water and greenery. So that is what my in-laws and my husband love, because it's all natural. The facilities are also amazing and we liked that it was far from the city. It has a nice, calming effect. We knew it was not going to be like a typical community. That it was going to be different. And it is – it gives us those nice, resort-style vibes. Even though it's far from the city, once you enter the community it's a whole different world. We have an amazing pool. There are several playgrounds around the community. Every cluster has their own pool and play area. There is a basketball court, a gym, a cricket pitch and a tennis court. We have outdoor gyms, as exercise equipment is installed everywhere. We have Malibu Bay, which is a huge pool with the lazy river, slides, kids' splash area and cabanas. On weekends we enjoy the lazy river and sitting by the cabanas, reading books or having a nice time with the family. We also have a barbecue section. We even have our own private boating area in the community. It's a man-made lake where we can go boating. There are several supermarkets inside the community. We have a laundry service. Everything in the community is accessible. It's been three years since we moved in to this house, so we have no plans to move out any time soon. If we have something better than this, maybe in future, inshallah, we will see, but for now this is our home and we love it.
