Water sector could get lion’s share of infra allocation in Budget: Vinayak Chatterjee
Integrated water works would include irrigation, laying of pipelines, raising of water for ultimate retail distribution etc. That sector will probably see a very high spike in allocation compared to previous years. The water sector will have a significant multiplier effect as like roads, it involves a huge degree of labour deployment. It will have very strong job multiplier effect.
Fund managers expect global growth to rise
“Investors are bullish, but not euphoric,” said Michael Hartnett, chief investment strategist at B...
FPIs pumped money into these 10 smaller stocks, too
These stocks can return between 15 per cent and 40 per cent in one year.
Hindustan Coca-Cola Beverages brings on board Melvin Tan as chief financial officer
FMCG company Hindustan Coca-Cola Beverages (HCC) has announced the appointment of Melvin Tan as its new chief financial officer
Tax dept conducts survey on Air India's engineering arm
Income tax officials have recently turned towards the government-owned airline Air India, to check in on its subsidiary AIESL (Air India Engineering Services). The airline, which has been delaying salary payments and even GST, however, said nothing was amiss. The TDS survey was done to ensure that it was depositing the taxes deducted at source.
What consumption slowdown? Look at Reliance's retail show
RIL’s retail stores reported a 26 per cent year-on-year growth in footfalls at 176 million.
View: What India needs is a corporate bond market, not a new DFI
The demand for a term-lending institution to fund infrastructure is pure nostalgia and has little to grounding in reality.
No sectoral trends in largecaps or midcaps, we are doing bottom-up evaluations: Harsha Upadhyaya, Kotak AMC
There are lots of midcaps which are in a structurally good business, but somehow cyclically they are facing headwinds. Those are the ones wh...
BNP sees Sensex at 44500 by year-end, turns bearish on the consumer sector
FMCG spending could also be impacted due to rise in telecom tariffs.
There's no free lunch, can't promise to grow 20% in sectors with negative growth: Dinanath Dubhashi, L&T Finance
We do not think there will be further margin expansion. This also includes some income from assets which comes once in a while. It is not a one-time extraordinary income, it just does not repeat every quarter. We have always guided this to be around 6.7-7%. We should have no problem keeping it this level which is more sustainable.
Dalal Street week ahead: Financials lose momentum; realty & metals take charge
A cautiously positive outlook is advised for the coming week.
Not enough EV sales yet to build viable finance plan, say lenders
Financiers said electric car sales must show up sufficiently on the dashboard for them to build a viable finance plan. For the personal buyer, car prices range anywhere between Rs 12 lakh and Rs 20 lakh. Financiers believe that the consumer would default because of the high prices, making it difficult for a financier to sell the attached vehicle.
Government relief only hope, else telecom sector headed for duopoly: Analysts
Industry experts are divided over the likely outcome of the sector heading towards a duopoly with two private telcos-Reliance Jio and Bharti Airtel plus one PSU- BSNL with a limited reach. While Vodafone Idea is reeling under the debt of Rs 53,000 crores as AGR payment, Airtel is better financially placed to pay its statutory dues of Rs 35,000.
Budget likely to unveil ‘Fund of Funds’ for MSME sector
It would be modeled on the lines of FoF suggested by former Sebi chairman-headed panel on MSME.
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