Maintaining a Buy, at a lower TP of `85 (9x FY22e). The stock trades at 7x FY22e EPS, attractive given the anticipated H2 FY21 recovery we are building in. From a macro perspective, recovery in Germany and China are important factors for KPIT. Promoter pledges are expected to be cleared in the next 24 months. … [Read more...] about Buy KPIT Technologies target of Rs 85: Anand Rathi
Sweden has largely remained open while most of the countries observed an overall shutdown of business. Opting for the rather controversial approach of keeping restaurants, schools and parks open for public (while banning gatherings of more than 50 people and shutting museums), Sweden’s Chief Epidemiologist Anders Tegnell said that the country is focusing on long-term sustainability over drastic short-term tactics. In fact, Sweden’s ambassador to the United States said last month that the capital of the Nordic country, Stockholm, could reach Herd Immunity in May. … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
A group of scientists from the University of Tokyo, Japan and Leibniz Institute for Primate Research, Germany have recently demonstrated that Nafamostat, at very low concentrations, suppresses a protein (TMPRSS2) that the COVID-19 virus uses to enter human lung cells, company said. … [Read more...] about Sun Pharma gains 5% on DGCI nod to initiate clinical trial of drug on COVID-19 patients
Rethinking talent: To access this talent, Silicon Valley will need to think beyond just hiring A players, often star engineers or project managers from “FANG” or other top tech companies. Instead, companies should focus on building A teams that can succeed over the long-term. It will need to widen its recruiting lens and focus on retention and growth rather than accepting a revolving door of talent as part of the business model. Distributed teams will be increasingly important to tap the world for talent, as technology skill sets grow globally and remote work becomes more of the norm. This may require companies to stand up to legislators that are leaning toward protectionism and reducing immigration quotas if they want to make their people their most valuable asset. … [Read more...] about Here’s how Silicon Valley can avoid Detroit’s fate