6% plus growth rate possible in second half of FY21: Ashutosh Khajuria, Federal Bank
Next year, we may see more CPSEs being divested and probably a couple of privatisations as well.
India's economic growth falls to 4.5% in July-September from 7% year ago
India's gross domestic product (GDP) growth for the three months end...
In FY20, Marcellus delivered over 20% portfolio return so far: Rakshit Ranjan
Our focus is on 2-4-yr loan book compounding and controlled NPA...
BSE Star MF does 3.4 crore transactions worth Rs 1.17 lakh cr in FY20
The number of transactions in the period under review was 56 per cent higher compared with the year-ago period.
Ready to play 20-20? 12 stocks analysts are betting on for solid returns in New Year
Going into the New Year, most analysts have a bullish view on domestic equities.
RBI's downgrading of FY20 growth means the $5 trillion GDP goal may have to wait longer
RBI has revised growth forecasts to 4.9-5.5% for H2 of this fiscal and 5.9-6.3% for H1 2020-21.
ICRA forecasts lower GDP growth in Q2 of FY20
The ICRA also forecast the country's GVA at basic prices in year-on-year (YoY) basis to 4.5 per cent respectively.
Aditya Birla Health hopes to continue 78% growth of first half of FY20
Bathwal said the penetration is still low in individual health insurance in the country. Around 50 crore people have been covered by health insurance of which 36 cr are by Ayushman Bharat scheme of the govt while around 9 cr are covered by corporate health insurance. `` The number of people who have taken individual insurances is only about 4 cr.’’
IT hiring set to stay on growth track in FY21
India’s top five IT services companies – Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro and Tech Mahindra — are expected to account for more than 40% of the industry’s total recruitment in fiscal 2021. Even global corporations are set to hire more than 200,000 engineers and graduates in the next financial year.
Power discoms faced losses worth Rs 27000 crore in FY19: Power Minister R K Singh
The Centre aims to reduce electricity transmission and distribution losses in the country to 15 per cent in next two years. The total loss of all power distribution companies in the financial year 2018-19 was Rs 27,000 crore. That is huge. Because of the losses, the discoms are under stress.
JSW Steel to supply 1.5 lakh tonne of TMT Rebars to metro rail projects in FY20
JSW Steel is supplying to metro rail projects in Mumbai, Nagpur, Pune, Bangalore, Chennai, Kolkata, Indore, Bhopal, Lucknow & Ahmedabad. The ongoing supplies, as well as those already completed during the current fiscal, will boost JSW Steel’s supplies to Metro rail projects by more than Rs 600 crore following successful completion of these deliveries.
JSW Steel expects to raise supply to 1.5 lakh MT to metro rail projects in FY20
"The company expects to increase its supplies to the metro rail projects."
Govt earmarks Rs 937 cr for exploration of non-CIL blocks in FY'20
The government has allocated Rs 937 crore for exploration of mines that are not associated with Coal India, for the ongoing financial year, Parliament was informed on Monday. Of this fund, Rs 120 crore has been earmarked for regional exploration and Rs 817 crore for detailed drilling, Coal Minister Pralhad Joshi said in a written reply to the Rajya Sabha.
Rohan Suryavanshi on why Dilip Buildcon cut guidance for FY20
Along with top line growth, Dilip Buildcon lowering debt-equity levels as well as total debt.
General insurers see their profits fall 90% in FY19
The public sector general insurance firms posted a loss of Rs 3,228 crore in FY19.
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