Jp Morgan

JP Morgan backs Vedanta after Viceroy report, says "not getting distracted"

Analysts at JP Morgan believe Vedanta is cheap within the Asian and emerging market (EM) metals and mining space

India's liquidity surplus unlikely to lift credit growth, says JP Morgan

While surplus liquidity influences overnight borrowing costs, a recent analysis by the firm showed it does not impact credit or deposit growth in the economy

Post JP Morgan index inclusion, FPIs turn sellers in FAR securities

After completion of inclusion process of domestic government securities in JP Morgan Indices on March 31, 2025, FPIs have net sold ₹31,262 crore worth of FAR securities so far

JP Morgan upgrades Torrent Pharma to 'Overweight', lifts target; stk up 5%

Torrent Pharma share price rose after JPMorgan reportedly upgraded the company to 'Overweight'. The brokerage also hiked the target price to ₹3,800, from ₹3,650 earlier.

JP Morgan India pre-leases office space in Sumitomo's BKC project

The lease is for a period of 10 years and will commence on October 1, 2026, the proposed handover date of the property

SBI MF, Goldman Sachs, others buy 1.8% stake in Bajaj Finserv

SBI MF, Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8 per cent stake in Bajaj Finserv for Rs 5,506 crore from promoter entities. Besides, JP Morgan India, Citigroup Global, Societe Generale, SBI Life, BofA Securities and Barclays Merchant Bank (Singapore) were also among the buyers, as per block deal data on the NSE. These entities bought 2.86 crore shares or 1.8 per cent stake in Bajaj Finserv at an average price of Rs 1,925.20 apiece, taking the combined transaction value to Rs 5,506.07 crore, as per the data. Meanwhile, Bajaj Finserv's promoters entities Bajaj Holdings and Investment and Jamnalal Sons offloaded an equal number of shares at the same price. After the stake sale, the promoters' holding of Bajaj Finserv dipped to 58.84 per cent from 60.64 per cent earlier. Shares of Bajaj Finserv rose 2.30 per cent to close at Rs 1,988.70 apiece on the NSE. In a separate block deal on the NSE, Wabco Asia Pvt Ltd, promoter of ZF Commercial Vehi

JPMorgan bars incoming analysts from job-hopping in first 18 months

The move comes as Wall Street banks push back against private equity firms poaching junior talent through accelerated hiring cycles

JP Morgan turns bullish on emerging markets; India among top picks

JP Morgan on India: India, JP Morgan believes, remains 'trade-insulated' and is a safe haven amid trade war 2.0 besides being cyclically well-positioned

Singtel to sell 47.6 million Bharti Airtel shares worth $1 bn on Friday

The Singapore-based telco currently holds a 29.5 per cent cumulative stake in Bharti Airtel through direct and indirect shareholding in promoter entities

Meta, Oracle bosses sold billions in stocks before Trump's tariff crash

Mark Zuckerberg, Jamie Dimon, Safra Catz among top CEOs who sold billions in shares weeks before Trump's tariff move triggered a historic $6.6 trillion stock market wipeout

US lawmakers urge JPMorgan, BofA to withdraw from CATL IPO over CCP ties

JPMorgan Chase & Co. CEO Jamie Dimon and Bank of America CEO Brian Moynihan on Thursday received a letter from John Moolenaar, chairman of the United States House Select Committee on Chinese Communist Party (SCCCP), requesting that the banks drop their participation in Contemporary Amperex Technology Co., Limited's (CATL) impending Hong Kong IPO.The Department of Defense has classified CATL as a "Chinese military company" in accordance with Section 1260H of the National Defense Authorisation Act, according to a report by SCCCP.According to the letters, there is rising concern that JPMorgan and Bank of America's participation in the CATL IPO directly supports the Chinese Communist Party's continued violations of human rights and military buildup. SCCCP said that the Committee specifically points to CATL's involvement in the modernisation of China's submarine fleet with cutting-edge lithium-ion batteries and its connections to the Xinjiang Production and Construction Corps (XPCC),

Quantum experiment generated truly random numbers: JPMorgan Chase

JPMorgan has made a push in that field in the last six years, enticed by promising applications in finance, artificial intelligence, optimization, and cryptography

Axis Bank, JP Morgan roll out anytime dollar payments for clients

This is the first instance where an Indian company will have the flexibility to make or receive dollar payments at any time

Trump tariffs spark business uncertainty, says JPMorgan Chase's Jamie Dimon

JPMorgan Chase CEO Jamie Dimon's comments come as stock markets have been affected by changing tariff policies and investor confidence remains shaky amid trade tensions

Steep hike in cess to pay for higher pension costs darkens outlook for CIL

JP Morgan recently cut the per-share target price of the state-owned firm by almost Rs 35, largely on account of a 250 per cent increase in cess on each tonne of coal output

PD Singh to succeed Zarin Daruwala as Standard Chartered India CEO

The tenure would be effective April 1

FAR securities attract Rs 75k cr foreign inflows since JP Morgan inclusion

Foreign investors had net bought Rs 14,430 crore worth of FAR securities in January

JPMorgan chief Jamie Dimon praises former adversary Elon Musk: Report

"Elon and I have hugged it out," Dimon said, while praising Musk for running multiple high-profile companies such as Tesla, SpaceX and Neuralink.

JPMorgan posts record profits as major US banks thrive in final qtr of 2024

JPMorgan's net income soared 50 per cent to more than USD 14 billion in the fourth quarter as the bank's profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year. Earnings per share rose to USD 4.81 from USD 3.04 a year ago. The result beat Wall Street profit projections of USD 4.09 a share, according to the data firm FactSet. Total managed revenue hit USD 43.7 billion, up 10 per cent, from USD 39.9 billion a year ago. Wall Street was expecting revenue of USD 41.9 billion. JPMorgan posted a record USD 54 billion profit for the year, or USD 18.22 per share, adjusted for one-time expenses. Yet interest income fell 3 per cent to USD 23.5 billion, driven lower by lower interest rates. JPMorgan CEO Jamie Dimon said the bank got a boost from investment banking business, where fees rose 49 per cent and markets revenue jumped 21 per cent. The bank's consumer banking business also thrived, with clients opening nearly 2 million check

Sales dip at 60% of Mumbai's offline groceries as q-commerce grows: Study

More than 80% of such traditional businesses blame dark stores of quick commerce companies: JP Morgan survey