madhusudan kela


Demonetisation a big bold step, Budget must roll out stimulus

Dec 27 2016

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

Budget should scrap tax on dividends, ensure 100% clarity on taxes

Feb 11 2016

Madhusudan Kela asks Motilal Oswal joint managing director Raamdeo Agrawal what needs to be done to revive the sagging investor sentiment.

Budget must boost infrastructure spending: Ridham Desai

Feb 11 2016

Reliance Capital’s chief investment strategist Madhusudan Kela threw up some difficult questions to Morgan Stanley India’s head of research Ridham Desai.

The Budget Bet: Scrap DDT, push infra spending

Feb 10 2016

Reliance Capital’s Madhusudan Kela, Motilal Oswal's Raamdeo Agarwal and Morgan Stanley India’s Ridham Desai brainstorms on Budget, markets and economy.

'Govt’s focus on larger development agenda should come back now'

Nov 10 2015

Reliance Cap's Madhusudan Kela says one election will not change the course of Modi government.

Indian Markets


    35,798.01 286.43   (0.81 %)

    10,966.20 71.50   (0.66 %)

Global Markets


Stocks In News



Completes acquisition of 49% stake in the projects from MBL Group

Total consideration of Rs 2,300 Cr 

Projects involve 4-laning of sections of NH-72A & NH-73


Sets Rights Ratio Of 4 Fully Paid Shares For 25 Held

To issue up to 15.5 cr fully paid-up shares for up to Rs 8,000 cr

Sets Rights Issue Price At Rs 510/Fully Paid Share

To issue up to 7.8 cr partly paid-up shares for up to Rs 4,800 cr

Sets Rights Issue Price At Rs 615/Partly Paid Share


Gets 2 new orders worth Rs 205 Cr from Public Utilities Corp, Seychelles

Projects in waste water sector

Projects funded by European Investment Bank

Cos order backlog increases to Rs 2,200 cr, which is an all-time high


Gets LOA for 2 projects from Delhi Metro Rail Corp

Work includes finishing works of 8 stations of Mumbai Metro Rail Project

Cost of Contracts stands at nearly Rs 57 cr


To acquire entire equity share capital of arm Travel News Services

Deal amounts to Rs 85 cr, with additional consideration of Rs 15 cr

Post acquisition, TNSI Retail to become step-down arm of co

TNSI JV Welcome Retail Private Limited to become step-down arm

Deal likely to be completed in 12-16 weeks

Note: Travel News Services (TNSI)

Effect of acquisition

Consolidation of retail business of FRL

To help FRL expand its presence at Airports, Metro Stations, Universities

Will have access to retail brand WH Smith", license for which is held by co

Note: Future Retail (FRL)

twitter @BTVI