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Articles by Gurpreet Bal
Lenskart Solutions Share Price Target at Rs 850: ICICI Securities
Sources & disclosures Based on the ICICI Securities (ICICI Direct Research) “Conviction Pick” initiating-coverage report on Lenskart Solutions Ltd (NSE: LENSKART), dated September 10, 2026. Research analysts: Kaustubh Pawaskar, Abhishek Shankar and Sonal Rajpal. The Rs 850 target values the company at 43 times FY28E EV/EBITDA.
The AI Republic? Governing Artificial Intelligence At America’s 250th Anniversary
Foley & Lardner are most popular: within Wealth Management topic(s) With America’s 250th anniversary amid a potentially massive technological and societal upheaval, the country finds itself confronting a familiar question for a new problem: how do you govern a reshaping society faster than its institutions can adapt?
The AI Republic? Governing Artificial Intelligence at America’s 250th Anniversary
Gurpreet S. Bal - Foley & Lardner. Credit: Gittings Photography With America's 250th anniversary amid a potentially massive technological and societal upheaval, the country finds itself confronting a familiar question for a new problem: how do you govern a reshaping society faster than its institutions can adapt?
Breaking Down The October 2, 2025 NVCA Updates To The Model Legal Documents: What Founders And VCs Need To Know
Louis Lehot’s articles from Foley & Lardner are most popular: in United States Foley & Lardner are most popular: within Criminal Law, Government, Public Sector and Insurance topic(s) On October 2, 2025, the National Venture Capital Association (NVCA) released it's most recent updates to its model legal documents to reflect recent legal developments, market practices and regulatory priorities.
Breaking Down the October 2, 2025 NVCA Updates to the Model Legal Documents: What Founders and VCs Need to Know | JD Supra
On October 2, 2025, the National Venture Capital Association (NVCA) released it’s most recent updates to its model legal documents to reflect recent legal developments, market practices and regulatory priorities.
Will The Next Patent Cliff Further Spur M&A Activity And What Does That Mean For Companies Right Now?
Various economic and industry experts have been speculating that we could start to see a pick up in merger and acquisition (M&A) activity over the next few months and as we enter 2026. Goldman Sachs is anticipating that 2026 could be a record-breaking year for M&A, predicting deal flow of about $3.9 trillion next year and continuing for the following years. Much of this speculation has been just that – and in many cases hard to predict due to an abundance of outside factors.
Will the Next Patent Cliff Further Spur M&A Activity and What Does That Mean for Companies Right Now? | JD Supra
Various economic and industry experts have been speculating that we could start to see a pick up in merger and acquisition (M&A) activity over the next few months and as we enter 2026. Goldman Sachs is anticipating that 2026 could be a record-breaking year for M&A, predicting deal flow of about $3.9 trillion next year and continuing for the following years. Much of this speculation has been just that – and in many cases hard to predict due to an abundance of outside factors.
Mubadala Invests $436M in BlackRock’s Bitcoin ETF; Cryptocurrency Supporters Turn Bullish
In a landmark move for institutional cryptocurrency adoption, Abu Dhabi’s Mubadala Sovereign Wealth Fund has invested $436 million in BlackRock’s iShares Bitcoin ETF (IBIT), positioning itself as the seventh-largest known holder of the fund. This strategic investment, disclosed in a February 14 SEC filing, highlights Mubadala’s expanding interest in digital assets and underscores the increasing acceptance of Bitcoin ETFs among global financial powerhouses.
RITES Share Price Jumps After Winning Order from Guyana Government; Technical Levels for PSU Counter
RITES Limited Shares were among major gainers after the company announced a project from Guyana government. RITES opened today's session at Rs 303 and touched intraday high of Rs 309.85. However, the stock witnessed selling pressure at higher levels and closed today's session at Rs 302.20.
UNO Minda Share Price Jumps 3 Percent; KRChoksey Research Recommends BUY Call with TP at Rs 1,232
KRChoksey has issued a ‘Buy’ recommendation for UNO Minda Ltd., with a target price of Rs 1,232, suggesting an upside potential of 22.9% from the current market price of Rs 1,003. The recommendation follows UNO Minda’s strong Q2FY25 performance, including record revenue and an improved EBITDA margin. With robust growth across key segments and strategic investments in electric vehicle (EV) components, the company is well-positioned for continued expansion in India’s auto-ancillary market.
Queensland Reports 7.7% Percent Jump in Gaming Revenue during September
The September gaming results in Queensland, Australia, revealed a year-on-year increase of 7.7% but showed a notable 10% decline from August 2024's record-breaking figures, as per data from Wohlsen Consulting. The drop, which affected both clubs and pubs, marked the end of a sustained growth period in the region's gaming demand. Clubs experienced a sharper decline than pubs, and the opening of the Queens Wharf Casino Resort also impacted downtown Brisbane.
NCP Leader Baba Siddique Shooters Linked to Lawrence Bishnoi Gang
On October 12th, 66-year-old former Maharashtra minister Baba Siddique, a prominent leader from Ajit Pawar’s NCP, was fatally shot by three assailants in Bandra East, Mumbai. The incident occurred during Dussehra celebrations outside his son, Zeeshan Siddique’s office. While two suspects have been arrested, reportedly connected to the Lawrence Bishnoi gang, the third remains at large.
Metro Brands Share Price Could Remain Stable as per Prabhudas Lilladher Research Report
Prabhudas Lilladher has issued a “HOLD” rating for Metro Brands, with a target price of ₹1,268 per share, a marginal upside from the current price of ₹1,253. The rating reflects the company’s steady recovery in demand, alongside challenges posed by regulatory impacts and the competitive landscape. The long-term outlook remains positive, driven by store expansions and strategic brand partnerships. Below is a detailed analysis of the company's current performance and future projections.
Canada Ranks at No. 4 in Terms of Quality of Living: U.S. News Country Rankings 2024
Canada has secured the 4th spot in the 2024 U.S. News country rankings, with an overall indexed score of 94.1. Notable performances in quality of life, entrepreneurship, social purpose, and agility contributed to the country's strong standing, although a decline in scores related to business openness, heritage, and entrepreneurship saw it slip from last year's second place. Switzerland claimed the top position, followed by Japan and the United States.
Gaurs Group Sells 1200 Luxury Flats in Ghaziabad in three day
Gaurs Group, a major player in India's real estate sector, has announced an ambitious investment of Rs 1,600 crore to develop a luxury residential project in Ghaziabad, Uttar Pradesh. Titled Gaur NYC Residences, this project marks the company’s expansion into high-end housing, catering to the rising demand for luxury properties in the Delhi-NCR region. The company swiftly sold all 1,216 apartments within three days of launch, generating Rs 3,100 crore in sales.
SEC Charges Jonathan Adam and Tanner Adam in Crypto Ponzi Scheme
The United States Securities and Exchange Commission (SEC) has filed charges against Jonathan Adam and his brother, Tanner Adam, accusing them of orchestrating a $60 million crypto Ponzi scheme. The brothers allegedly enticed over 80 investors with promises of a high-performing cryptocurrency trading bot that never existed.
Tesla’s journey to 6 million EV deliveries highlights its global market leadership
American electric car pioneer Tesla Motors maintains its leadership in the EV in the second quarter (Q2) of 2024, despite various challenges. The company’s recently-announced production and delivery stats revealed a mixed performance, albeit with a significant milestone of 6,000,000 EV deliveries. As part of its efforts to maintain its dominance, Tesla reduced production to decrease the gap between production and deliveries.
Latest Orxa Mantis e-motorcycle boasts hi-tech specs & 137-mile range per charge
The realm of electric motorcycles recently witnessed a compelling addition as Indian electric vehicle (EV) startup Orxa Energies officially unveiled its latest offering: the Orxa Mantis. Initially introduced as a concept in 2019, the Orxa Mantis e-motorcycle promises to redefine personal electric mobility market, thanks to its focus on performance and technological sophistication.
Macau’s mass GGR expected to return to pre-covid levels during October Golden Week
Macau’s gaming revenue is believed to be poised for a full rebound during the upcoming holiday season, October golden Week, surging to levels similar to those witnessed during the pre-pandemic 2019 holiday season. In its latest report, renowned investment bank JP Morgan made a significant prediction regarding Macau's casino gaming industry.
Renault's Trafic Van E-Tech Electric debuts with remarkable 184-mile range
French automobile giant Renault has just proudly unveiled the all-new Trafic Van E-Tech with remarkable range of more than 180 miles on a single charge, marking the final addition to its comprehensive electric light commercial vehicle lineup. The unveiling of the Trafic Van E-Tech points to continuous expansion of Renault’s electric commercial vehicle portfolio, after the successful launches of the battery-powered Kangoo Van E-Tech and Master E-Tech vehicles.
Porsche Taycan, Audi E-Tron GT Porsche Taycan face recall due to battery sealant issue
Porsche and Audi, two luxury car brands owned by German automobile giant Volkswagen Group, have issued a voluntary recall of multiple all-electric vehicles (BEVs) available in the United States as they are concerned that their factories might have employed a sealant that doesn't meet robustness standards on the vehicles’ high-voltage batteries.
New Mycle Cargo E-Bike launched with numerous exciting enhancements
British electric bicycle (e-bike) specialist Mycle recently announced the launch of its latest offering: the Mycle Cargo e-bike that boasts a number of exciting enhancements over the previous models. Equipped with enhanced components and a wide-ranging selection of optional accessories, the new Mycle Cargo e-bike claims to be an ideal personal electric mobility solution for urban areas.
VinFast VF9 electric SUV receives better than expected EPA range ratings
The VinFast VF9, a full-size three-row crossover SUV manufactured by Vietnamese automaker VinFast, has received better than initially expected EPA range ratings. According to information released by VinFast, the all-electric VF9 SUV has received an EPA range rating of 330 miles in Eco trim, while the Plus trim has been rated at 291 miles on a full charge. Sharing the information, the automaker stressed that both range ratings outshined its initial estimates.
Uber to deploy 100 Tesla Model Y BEVs in Tokyo, Japan
Pushing ahead with its ambitious plan to reduce its carbon footprints, American ride-hailing company Uber Technologies Incorporated has announced its plan to deploy 100 Tesla Model Y BEVs in Tokyo, Japan. Tesla Model Y is a battery electric compact crossover manufactured by American electric car pioneer Tesla Motors. It was first unveiled in March 2019, while its series production was started in January 2020. Since then, it has continuously been one of the top selling BEVs worldwide.
Brazilian sports betting venture “Lance!Betting” to be powered by Kambi Group
World’s leading B2B sport betting services provider Kambi Group further expanded its reach into the Latin American market, thanks to its latest deal with the joint venture (JV) of Eyas Gaming and Lance. Founded by gambling industry veterans Joe Saumarez Smith, Adam Joseph, and Michael Brady, Malta-headquartered Eyas Gaming is a comparatively new venture. The company is backed by the Gauselmann Group – a Germany-based manufacturer of land-based slots.
Cyient DLM IPO oversubscribed 2.65 times on day one
Cyient DLM IPO has witnessed strong investor interest in the primary market. As per exchange data, Cyient DLM IPO has been subscribed 9.8 times the retail investor portion on its debut day. Market sentiment is bullish and during such times, IPOs receive strong response from investors. The company is offer 1.33 crore shares during IPO and has already received bids for 3.53 crore shares. For retail investor portion, the bids received were 9.8 times the planned allocation.
Tata Steel announces 16,000 crore Capex Plans for FY24
Tata Steel has announced elaborate capital expenditure plans to the tune of Rs 16,000 crore for its local and global operations. Tata Steel CEO & MD TV Narendran announced capex plans of the company for standalone unit and subsidiaries in India. The company plans to fund its capex with internal accruals. The plan includes expansion of Kalinganagar project and Tata Steel aims to spend nearly Rs 7000 crore on this unit.
Historic $280 Billion Investment in Domestic Semiconductor Manufacturing and STEM Research and Development to Be Signed into Law | JD Supra
The bill, which was passed by a 64 to 33 margin in the Senate on July 27 and a 243 to 187 margin in the House on July 28, 2022, represents a compromise between the Senate-passed United States Innovation and Competition Act of 2021 (USICA) (S.1260) and the House-passed America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength Act Of 2022 (COMPETES) (H.R. 4521), both of which focused on increasing the United States’ R&D and manufacturing competitiveness...
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