-- The United Arab Emirates' non-oil private sector expanded at a slightly slower pace in April as rising costs and supply disruptions triggered by the ongoing Middle East conflict continue to compress margins and push up selling prices.
The S&P Global UAE PMI fell for a second straight month to 52.1 from 52.9 previously, S&P Global said Tuesday. The reading indicated the softest improvement in operating conditions since February 2021.
Mahindra Holidays & Resorts India (NSE:MHRIL, BOM:533088) has appointed Rajiv Vimal as the chief financial officer and key managerial personnel of the company with effect from July 1, according to a Tuesday filing to the Indian stock exchanges.He takes over from Vimal Agarwal, who will resign as chief financial officer and key managerial personnel of the company, with effect from June 30, to transition to a new role within the Mahindra Group.The company's shares were down nearly 1% in recent trade.
Cholamandalam Investment and Finance (NSE:CHOLAFIN, BOM:511243) has an average rating of overweight and mean price target of 1,811.95 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Hyundai Motor India (NSE:HYUNDAI, BOM:544274) has an average rating of overweight and mean price target of 2,247.41 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)