Maruti Suzuki: Net sales grow 13.3% to Rs234.6 billion Higher other income boosted PAT growth by 24% to Rs19.4billion (v/s our estimate of Rs20.3billion. The company has campus-format office parks strategically … Read More
Brookfield India REIT IPO opens on February 3 The Brookfield India Real Estate Trust (REIT), backed by Canadian asset manager Brookfield Asset Management, will open its initial public offer (IPO) for … Read More
Maruti Suzuki: Net sales grow 13.3% to Rs234.6 billion Higher other income boosted PAT growth by 24% to Rs19.4billion (v/s our estimate of Rs20.3billion. Slippages in retail loans amount to 1.9% … Read More
Axis Bank: Reiterate ‘buy’ with target price of Rs770 Reiterate ‘buy’; target price (TP) of Rs770 (vs Rs800 earlier) implies 1.8x one-year forward BV for FY23e RoE of 14%. JSTL targets … Read More
JSW Steel rating: Neutral; rise in steel prices led to strong numbers Spread levels unsustainable; FY21/22/23e Ebitda raised by 46/5/7%; TP up to Rs 404 from Rs 321; Neutral retained Share … Read More
1.28 cr people covered under corona insurance policies: Irdai chief Subhash Chandra Khuntia During the pandemic, two corona-specific products — Corona Kavach and Corona Rakshak — were launched by insurers under … Read More
Things to keep in mind before opting for debt consolidation A consolidated loan can take a long time to get covered especially if one is making minimum monthly payments. It is … Read More
1.28 cr people covered under corona insurance policies: Irdai chief Subhash Chandra Khuntia During the pandemic, two corona-specific products — Corona Kavach and Corona Rakshak — were launched by insurers under … Read More
Budget 2021 Expectations: Increase in Section 80C limit to rationalisation of tax slab rates, here’s what taxpayers want Union Budget 2021 India: The aam aadmi and taxpayers are eagerly looking forward … Read More
Budget 2021: From changes in capita gains to tax breaks on expenses incurred, Budget expectations of the common man The tax slabs have been the same for a long time while … Read More
Budget 2021 Expectations: From industry status to 100% FDI in completed residential projects, here’s what real estate wants Union Budget 2021 India: The realty industry needs additional measures to spur consumption. … Read More
Economic Survey 2021| India’s healthcare policy: Beyond pandemics Economic Survey of India 2021: Accessibility, affordability and accountability of the healthcare system of India are essential for better health and wellbeing of … Read More
Indian economy and the possible trinity of resilience However, timely and proactive exemptions from Covid-19 induced restrictions provided by government of India facilitated uninterrupted cropping activities and largely insulated agriculture. Economic … Read More
Economic Survey 2021| India’s healthcare policy: Beyond pandemics Economic Survey of India 2021: Accessibility, affordability and accountability of the healthcare system of India are essential for better health and wellbeing of … Read More
‘Increase PDS price of grains to cut food subsidy’ The CIP is the price at which wheat and rice are sold at ration shops and there has been no change in … Read More
Industry fears lower sugar output as more mills sign ethanol contracts with OMCs But higher sugar export means higher water export, since sugarcane is a water-guzzling crop requiring around 3,000 litres … Read More
Eyes on Budget: Free fall continues, Sensex tumbles 588 points Selling of Indian shares by foreign portfolio investors and the impending Union Budget made investors jittery this week. The ISMA expects … Read More
Industry fears lower sugar output as more mills sign ethanol contracts with OMCs But higher sugar export means higher water export, since sugarcane is a water-guzzling crop requiring around 3,000 litres … Read More
Investor wealth tumbles over Rs 11.57 lakh cr as markets tank for 6th day Among the 30-frontline companies chart, Dr Reddy’s, Maruti, Bharti Airtel, Bajaj Auto, Infosys and TCS were the … Read More
Sebi tweaks monthly cumulative reporting format for mutual funds From January 2021 onwards, AMCs will have to submit the monthly cumulative reporting (MCR) to Sebi in the new format, the Securities … Read More
Sensex, Nifty fall for sixth day running, tank over 4% this week ahead of Budget Even though the benchmark indices began the day with gains, bears once again wreaked havoc on … Read More
Brookfield India REIT looks to raise Rs 3,800 through IPO next week; check issue price, other details Upon successful listing on Dalal Street, Brookfield REIT will be the third real estate … Read More
Rajasthan govt announces 2 pc cut in VAT on petrol, diesel The price of branded or premium petrol price had crossed Rs 100-mark in Sriganganagar town of Rajasthan on January 27. … Read More
IRFC shares make tepid debut on bourses; trade at discount to IPO price while benchmark indices gain On listing Indian Railway Finance Corporation was commanding a market capitalization of Rs 33,000 … Read More
Stocks in focus: Bharti Airtel, Maruti Suzuki, Laurus Labs, Vedanta, Tech Mahindra On the charts, a small positive candle was formed with gap down opening with upper and lower shadow, according … Read More
Equitas SFB PAT rises 18% to Rs 111 cr in December quarter Net interest income was at Rs 484 crore as against Rs 384 crore, marking a growth of 26% YoY. … Read More
Analyst Corner: Upgrade Jyothy Labs to ‘buy’, revised TP at Rs 190 Jyothy Labs’ (JLL) revenue grew 15% in Q3FY21, higher than the consensus expectations, driven by strong execution – penetrating … Read More
Analyst Corner: Marco volume rises 15% in Q3, focus stays on growth Marico has further taken up prices (in Parachute) which should help, although the management expects a correction in copra … Read More
PowerGrid InvIT IPO aims to raise Rs 5,000 crore This is the first time a PSU in the power sector will monetise its assets through the InvIT model and use the … Read More
FPIs turn sellers of stocks FPIs have been sellers for the last four trading sessions and have pulled out $675 million from equities. However, the flows had been steadily slowing before … Read More
Covid, price rise impact: Indian gold demand hits 26-year low in 2020, says WGC Demand plunged 35% in 2020 from a year before to 446.4 tonne, the lowest since 1994 and … Read More
India’s gold demand down 35 pc to 446.4 tonne in 2020; rebound in 2021 likely India’s gold demand dropped by over a third in 2020 settling at 446.4 tonne on the … Read More
Flipkart’s Kalyan Krishnamurthy: Indian e-commerce market will be bigger than modern trade by FY25 The Kirana ecosystem, which has become the catalyst to the rise of e-commerce marketplaces including Amazon, Flipkart, … Read More
Swiggy’s FY20 revenue jumps 127% even as losses widen by 65% and expenses nearly double Swiggy said that it added over 100K restaurants during FY20 with an active delivery fleet of … Read More
Flipkart’s Kalyan Krishnamurthy: Indian e-commerce market will be bigger than modern trade by FY25 The Kirana ecosystem, which has become the catalyst to the rise of e-commerce marketplaces including Amazon, Flipkart, … Read More
Piyush Goyal seeks India Inc’s help to ensure startups don’t sell out ‘cheap’ to international investors In order to handhold startups through various government processes, registration, availing benefits of different schemes, … Read More
Budget 2021 Expectations: Realty needs focussed measures to bolster sustained demand Union Budget 2021 India: What real estate needs desperately is a push from the government in the form of policy … Read More
Gold loans starting at 7%: Check out 15 banks offering the lowest interest rates If you are looking for a gold loan, here is a list of 15 banks which are … Read More
Budget 2021 Expectations: Realty needs focussed measures to bolster sustained demand Union Budget 2021 India: What real estate needs desperately is a push from the government in the form of policy … Read More
2021 Asset Allocation: Experts suggest to keep this much in equity, gold, real estate Beginning of 2021 can be a good starting point to build an asset allocation plan if you … Read More
