India Inc's top leaders, ace economists & macro-economic experts speak on the day's big trends & developments.
November 22: Can buy Arvind Limited at Rs 400/share with the target price of Rs 500/share, says Vishvesh Chauhan of Monarch Networth Stock Broking.
November 22: Goldman Sachs has set an 8% growth projection for India, an estimate which is line with Chief Economic Advisor's target of 8.5%. Is such a growth rate possible in the current scenario and what effect will it have on the markets? BTVI’s Muralidhar Swaminathan joined us with more perspective.
November 22: See more probability of a rate hike instead of a rate cut, says Abhishek Upadhyay, Sr Economist at I-Sec PD.
Novmeber 22: Rupee may touch levels of 66-67/$ post interest rate hike in US, says Andrew Holland, CEO at Avendus Cap Alt Strategies.
November 22: Slotting appliances under 18% slab will make them affordable, says Kamal Nandi, Business Head at Godrej Appliances.
November 22: There won't be any impact on income on back of GST changes, says Lalit Malik, CFO at Dabur.
November 21: The pressure on FMCG companies to cut prices following recent adjustments in the GST tax rates is piling up. A day after Finance Secretary Hasmukh Adhia warned companies of action if the benefit of tax cuts was not passed on to consumers, the CBEC too has written to companies and asked them to fall in line. To understand the implications of this on FMCG players, BTVI’s Pronoy Banerji and Nivrita Ganguly spoke to Naveen Kulkarni, FMCG Analyst at Phillip Capital.
November 21: Expect profit margins to rise by 200 BPS going ahead, says Sandeep Aggarwal, CFO at Insecticides India.
November 20: Acquired Strides Shasun's India brand business for Rs 500 Cr all cash deal, says Amit Bakshi, CMD at Eris Lifesciences.
November 20: Markets cheered ratings firm Moody's upgradation of India's sovereign rating last week. The firm changed its outlook to stable from positive. BTVI’s Pronoy Nath Banerji and Nivrita Ganguly spoke to Indranil Pan, Chief Economist at IDFC Bank and Sajjid Chinoy, Chief India Economist at J-P Morgan to discuss this in further detail and how markets will react to macro indicators going forward.
Arm ONGC Videsh to acquire stake in offshore Namibia block
Ovl through ONGC Videsh Vankorneft has signed a pact with Tullow Namibia ltd
Will acquire 15 % participating interest in Namibia petroleum exploration license
Financial Express Reports
Is one of the 5 shortlisted vehicle manufacturers selected by united state postal services
Will supply prototype delivery trucks got its postal service
Order expected to be for about 180,000 units
Also plans to launch SUVs from Koreas Ssangyong motor company
Financial Express Reports
Apple cuts iphone x retailers margin to 4.5%
Apple has reduced retailers margin by 30%
Co & BGR infra consortium win Talaipalli coal block mining order
Co, BGR infra consortium coal block order is worth Rs 25,070 Cr
Order to be executed over 25 years with annual revenue of 1000 Cr
SPV between NCC and BGR in the ratio of 51:49 to be formed
Coal production from this block expected to commence from 2019
Peak capacity of 18 mn tonnes to be achieved in 5th year of operation
Cuts prices of shampoo, air freshener, skin care products by 9%
Lower prices of some products by 9% to pass on GST rate cut