lipped from: https://economictimes.indiatimes.com/markets/stocks/news/analysts-expect-cipla-to-return-up-to-30-from-here-on-as-india-biz-gains-momentum/articleshow/82727318.cms Synopsis–Kotak Securities said the expansion of the Covid portfolio would support near-term earnings while the continued rollout of respiratory franchisee in the US
Category: Industry
Top wealth creators of the decade losing allure – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/top-wealth-creators-of-the-decade-losing-allure/articleshow/82727163.cms Synopsis–Rising commodity prices could begin squeezing the profitability of consumer companies. So far, companies have managed to pass on higher input costs to
Bharti Airtel FY21 net loss narrows to Rs 15,084 crore–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/bharti-airtel-fy21-net-loss-narrows-to-rs-15084-crore/story/439275.html For January-March quarter, the company reported a net profit of Rs 759 crore as against a net loss of Rs 5,237 crore in
India Inc’s foreign investment jumps over two-folds to $2.51 billion in April 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-foreign-investment-jumps-over-two-folds-to-2-51-billion-in-april-2021/articleshow/82715145.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Of the total commitment of USD 2.51 billion in April this year by the Indian company owners, USD 1.75 billion was in the
How GoI’s gamechanging SWAMIH fund for stalled housing actually works on the ground – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/how-gois-gamechanging-swamih-fund-for-stalled-housing-actually-works-on-the-ground/articleshow/82717641.cmsSynopsis It is an innovative financing structure that must be replicated across several capital-intensive industries. Innovative financing is, indeed, the need of the hour.
India Inc sheds debt to boost ratings, valuations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/india-inc-sheds-debt-to-boost-ratings-valuations/articleshow/82696851.cms Synopsis–Reliance Industries has reduced its gross debt by nearly Rs 1.21 lakh crore in FY21 to Rs 2.24 lakh crore, riding on a
After strong Q4 performance, Asian Paints faces multiple challenges | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/after-strong-q4-performance-asian-paints-faces-multiple-challenges-121051600733_1.html The Covid wave, rising raw material costs can impact near-term sales Multiple lockdowns across states and the fact that the impact of the
Truck rentals on key trunk routes down by further 5-7% in past fortnight | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/truck-rentals-on-key-trunk-routes-down-by-further-5-7-in-past-fortnight-121051600615_1.html Poor fleet utilisation, lack of return loads weighs on capacity of transporters to repay truck loans, puts question mark on business viability Poor
Solar power: Levy of basic customs duty may hit tariff trajectory – The Financial Express
lipped from: https://www.financialexpress.com/industry/solar-power-levy-of-basic-customs-duty-may-hit-tariff-trajectory/2253036/ The role of imports in solar capacity addition is evident from the numbers for the April-January period of the last fiscal. In December,
India launches probe against China, Thailand and Vietnam – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-launches-probe-against-china-thailand-and-vietnam/2253094/ Solar cells are the basic ingredient used in the manufacturing of solar modules and Chinese products are 15-20% cheaper than their Indian counterparts.
Liquidity Woes: Services exporters hit as benefits held back – The Financial Express
Clipped from: https://www.financialexpress.com/economy/liquidity-woes-services-exporters-hit-as-benefits-held-back/2252982/ The SEIS was introduced in the Foreign Trade Policy (FTP) for 2015-20; the validity of the FTP has now been extended up to
Companies may get time to deposit unspent CSR funds with banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/cos-may-get-time-to-deposit-unspent-csr-funds-with-banks/articleshow/82689659.cmsSynopsis Companies are required to spend at least 2% of their average net profit of the preceding three financial years on CSR. In January,
Stricter RBI rules force auditors to rethink on assessing holding companies – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/stricter-rbi-rules-force-auditors-to-rethink-on-assessing-holding-cos/articleshow/82689602.cms Synopsis–Holding companies of large corporate entities are now categorised as “deemed” Non Banking Finance Companies (NBFCs) even if they have not borrowed a
Tractor sales to be hit as second Covid wave impacting rural areas: Escorts – The Economic Times
Synopsis The company, which has a joint venture with Japan’s Kubota, is looking at around 55 per cent growth in exports in 2021-22 with Europe
Sales of AC, other cooling products again hit by pandemic in peak season; companies now pin hopes on extended summer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/sales-of-ac-other-cooling-products-again-hit-by-pandemic-in-peak-season-companies-now-pin-hopes-on-extended-summer/articleshow/82677786.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Leading players in the segment including Voltas, Daikin, Blue Star, Panasonic and Haier reported almost 75 per cent dip in April sales this
Reimbursement claimed on welfare expenses incurred by multinationals in India outside gamut of tax: ITAT – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/reimbursement-claimed-on-welfare-expenses-incurred-by-multinationals-in-india-outside-gamut-of-tax-itat/articleshow/82680179.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Tax tribunal lays out ground rules for taxing such expenses, should benefit Indian arms amidst Covid pandemic. It said that there should be
There’s air in this tyre stock for the long haul – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/theres-air-in-this-tyre-stock-for-the-long-haul/article34569198.ece The price correction in Ceat is a good window for long-term investors with high risk appetite Pressure on margins from rise in raw
Moody’s upgrades outlook on Tata Motors to ‘Stable’ on sustained recovery | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/moody-s-upgrades-outlook-on-tata-motors-to-stable-on-sustained-recovery-121051400805_1.html Recovery is from the trough hit Q1 of FY21, is expected to sustain over next 12-18 months, while the firm’s credit metrics strengthen
GoAir banks on low-cost structure, promoter backing for successful IPO | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/goair-banks-on-low-cost-structure-promoter-backing-for-successful-ipo-121051401238_1.html The company has filed DRHP to raise Rs 3,600 crore Strong confidence in the revival of Indian aviation market after the pandemic, a
CEAT, Pricol: Auto ancillary stocks look set to rally further, charts show | Business Standard News
lipped from: https://www.business-standard.com/article/markets/ceat-pricol-auto-ancillary-stocks-look-set-to-rally-further-charts-show-121051400370_1.html With a “Higher High, Higher low” formation, the stock of Pricol has gradually risen to higher levels recently. On the ground, however, automobile
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