There is more room for lending rate cuts: HDFC Bank CEO Puri

 
  • Feb 17 2017
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There is more room for lending rate cuts: HDFC Bank CEO Puri
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Latest Post

 
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'Sexual harassment allegations spark review, meeting at Fidelity'

Oct 23 2017

Earlier this month, the Journal reported that Gavin Baker, a well-known stock picker at Fidelity, was fired for allegedly sexually harassing a junior female employee.

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Airbus turmoil overshadows bid to rescue CSeries on Sunday

Oct 23 2017

“Bombardier asked for an ambulance and Airbus sent a hearse,” said one person with close ties to the company.

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Go home, Tillerson tells Iranian-backed militias in Iraq

Oct 23 2017

The campaign to uproot the militants left whole cities in ruins and has hit Iraq’s economy.

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Shinzo Abe sweeps to resounding victory in Japan vote

Oct 23 2017

Japanese Prime Minister Shinzo Abe swept to a resounding victory in a snap election, winning a mandate to harden his already hawkish stance on North Korea.

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Thank you dear KBC team for your patience: Amitabh Bachchan

Oct 23 2017

Megastar Amitabh Bachchan has thanked the team of the TV game show "Kaun Banega Crorepati 9" for their tirelessness and patience.

Stocks In News

 

FUTURE LIFESTYLE FASHION

Flipkart in talks to buy 8-10% stake

Mgmt met last week in mumbai to discuss the deal

Promoters own 60.6%, of which 49% pledged as debt collateral

11.43% stake held by Azim Premji's Premji-Invest

Biyani to ask for significant premium to CMP

Primary issuance, to use proceeds to fund expansion plans

Economic Times Report

SHREE RENUKA

Fires 900 Employees in Brazil Sugar Mill

Returns most land used to lease to plant cane to owners

Reuters

POWER GRID

Successful Bidder for ERSS-XXI Scheme

To establish ERSS-XI on Build-Own-Operate & Maintain Basis

To establish 3 400 KV substations, 400 KV transmission lines

CLARIS LIFESCIENCES

RBI hikes FPI investment limit to 49%; NRI limit at 24%

GNFC

To List GDRs on Luxembourg Exchange on December 12

GRASIM

Sign MoU with Gujarat Government to invest Rs 4,100 Cr

Plan to set up man made fibre plant in Vilayat GIDC

New plant will employ 1300 people directly and indirectly

Financial Express Reports

JBF INDUSTRIES

In Discussion with RIL, Others Over Potential Stake Sale

Talks Helmed by KKR which holds 20% stake

Mint Reports

ICICI LOMBARD Q2 REVIEW

GDPI Up 18.2% At Rs 3,173 Cr Vs Rs 2,685 Cr

PAT up 19.3% at Rs 204 Cr Vs Rs 171 Cr

RoE at 20.2% Vs 20%

Combined Ratio At 102.8% Vs 108.6%

 

NUCLEUS SOFTWARE Q2 REVIEW

Net Sales up by 5.06% at Rs 100.44 Cr Vs Rs 95.60 Cr

EBITDA down by about 1.7% at Rs 22.03 Cr Vs Rs 22.4 Cr

EBITDA Margin down by 150 bps at 21.9% Vs 23.4%

Net Profit up by about 1.5% at Rs 15.66 Cr Vs Rs 15.43 Cr

TATA SPONGE IRON Q2 REVIEW

Net Sales up 9% at Rs 167 Cr Vs Rs 153 Cr

EBITDA up 67% at Rs 43.8 Cr Vs Rs 26.2 Cr

EBITDA Margin up 910 Bps at 26.2% Vs 17.1%

Net Profit up 72% at Rs 27.6 Cr Vs Rs 16 Cr

BLUE DART Q2 REVIEW

Net Sales up by 5.9% at Rs 702.83 Cr Vs Rs 663.22 Cr

EBITDA marginally up by about 0.9% at Rs 82.55 Cr Vs Rs 81.8 Cr

EBITDA Margin down 60 bps at 11.7% Vs 12.3%

Net Profit down 3.3% at Rs 41.39 Cr Vs Rs 42.80 Cr

BAJAJ HOLDING Q2 REVIEW

Total Revenue down 0.4% at Rs 266.9 Cr Vs Rs 267.9 Cr

PAT up 19.5% Rs 834.3 Cr Vs Rs 697.9 Cr

CRISIL Q3 REVIEW

Total Revenue up 5.6% at Rs 410.4 Cr Vs Rs 388.8 Cr

EBITDA down 2.5% at Rs 112.7 Cr Vs Rs 115.6 Cr

EBITDA Margin at 27.5% Vs 29.7%

PAT down 1% Rs 69.4 Cr Vs Rs 70 Cr

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EXCLUSIVE ARTICLES

 
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Mallya offers to settle dues, banks await more clarity

Oct 23 2017

The embattled liquor baron Vijay Mallya once again offered to settle his Rs 9,000 crore debt with lenders.

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Exclusive: New 1,000 note in the offing?

Oct 23 2017

The specifications and security features of the new Rs 1,000 note have been finalised.

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Exclusive - Dhampur Sugar Mills under tax net

Oct 23 2017

The I-T Department has conducted survey at the corporate office of Dhampur Sugar Mills in New Delhi between January 4 and January 7.

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Demonetisation a big bold step, Budget must roll out stimulus

Oct 23 2017

Reliance Capital chief investment strategist Madhusudan Kela says government is in a “sweet spot” and has space to roll out stimulus in the Budget.

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Month after demonetisation, Rs 15,150 cr of new Rs 500 notes printed

Oct 23 2017

Scarcity of new Rs 500 notes was due to the fact that final decision to print large volumes was only taken after Nov 8.