Page 3 - Jpmorgan

Work 3.5 days a week? JPMorgan CEO says AI will make it a reality

JPMorgan CEO Jamie Dimon sees AI reshaping work-life balance, cutting workweeks to 3.5 days

Reliance's refining margins recover but retail remains uncertain: JPMorgan

One of the two drivers of Reliance Industries Ltd's recent underperformance - weak refining margin - has reversed but the other, poor-retail top-line growth, is difficult to anticipate, brokerage JP Morgan said in a report. Reliance stock is down 22 per cent from its peak on July 8 (NIFTY down 3.3 per cent), sharply reversing outperformance from earlier in the year. In a market where most stocks are trading well above historical valuations, Reliance's fair relative valuations are an attraction. The company helmed by billionaire Mukesh Ambani has three main business verticals - oil refining and petrochemical business housed in oil-to-chemical (O2C) unit, telecom arm Jio and retail. It also has a media unit and a new energy business. Reliance Retail plus Telecom now account for about 50 per cent of total 2023-24 (FY24) consolidated EBITDA. These, JP Morgan estimates, will account for almost all of net EBITDA growth over the next three years. With an EBITDA run-rate of USD 20 billion

JPMorgan sets up unit in GIFT city to develop derivative products

The US bank will pitch the products to clients in Asia-Pacific and Europe, in addition to providing support for the offerings developed from the Gujarat International Finance Tec-City, or GIFT City

Campus hiring soars as GCCs seek freshers skilled in data science and AI

Companies like Wells Fargo, JPMorgan Chase, Novartis, Epsilon, and EQ India are actively hiring from engineering colleges, business schools, and general degree institutions in India

Fed Reserve's rate cut won't be 'earth-shattering', says JPMorgan's Dimon

Fed officials are expected to lower interest rates this week for the first time in more than four years

JPMorgan in talks with Apple over Goldman credit card partnership: Report

JPMorgan-Apple talks started earlier this year, advanced recently

JPMorgan to cap junior banker hours, BofA monitors workload amid complaints

JPMorgan Chase & Co. will limit junior banker hours to 80 per week in most cases, according to a person with knowledge of the matter

Three quarters of global carry trades removed: JPMorgan Chase & Co

The carry strategy - which involves borrowing at low rates to fund purchases in higher-yielding assets elsewhere - has been wobbling for months

Dimon Says He's Skeptical Inflation Will Return to Fed's 2% Target

Dimon has been warning for more than a year that inflation may be stickier than investors expect

JPMorgan to closely monitor Indian bond liquidity after investor curbs

The South Asian nation surprised investors by imposing restrictions on sales of new securities with those tenors this week, just a month after it was included in JPMorgan's flagship gauge

Bharti Hexacom: JP Morgan initiates coverage on stock; check target price

Bharti Hexacom shares: With today's rally, Bharti Hexacom stock is up 104 per cent from its issue price of Rs 570. JP Morgan sees 20 per cent upside from here on

Indian bond yields remain flat; traders eyeing debt auction, US jobs data

New Delhi aims to raise Rs 280 billion ($3.35 billion) by selling bonds through the weekly auction, including the liquid 15-year paper

Indian govt bond yields dip in early trade following slump in US peers

Any further decline was unlikely as the market awaited debt supply on Friday, with New Delhi aiming to raise 280 billion rupees ($3.35 billion)

Indian govt bond yields marginally higher tracking US Treasury moves

US yields rose on Friday and gained further during Asia hours as uncertainty around the US presidential election

A milestone on bond street

India's entry into a global bond index is a great sentiment-booster, but much of it has already been factored in

Govt bond yield flat as traders expect inflows on Day 1 of index inclusion

Most Indian government bonds under the Fully Accessible Route (FAR) will be a part of the JPMorgan index. These papers have already seen inflows nearing $11 billion since the inclusion's announcement

Indian govt bonds now part of JP Morgan's bond index. Here's what it means

Indian government bonds enter JP Morgan's GBI-EM Index, expected to attract $30 billion in inflows

Foreigners buy India debt on eve of index inclusion, indicators signal

Firstly, the rupee rose to 83.4525 per dollar, up 0.14 per cent on the day, despite a jump in US Treasury yields on Wednesday

Key factors to know as India enters JPMorgan emerging market debt index

The announcement of the change was made in September, setting the stage for billions of dollars to flow into the world's fifth-largest economy

India's bond index entry to suck $11 bn from S Africa, Poland and Thailand

It will also pull $2.9 billion and $2.5 billion from the Czech Republic and Chile respectively, it added