Sep 20, 2016 at 08:42 | Source: CNBC-TV18
Speaking to CNBC-TV18 Adrian Lim, Senior Investment Manager, Aberdeen Asset Management, said the US Fed wont go in for a rate hike in this round, but there will be a guidance coming forth on what to expect from it in the next round.
Sep 19, 2016 at 09:15 | Source: Moneycontrol.com
Infosys is down on guidance downgrade scare. Maruti, Lupin, TCS and Bharti are losers.
Sep 19, 2016 at 08:33 | Source: CNBC-TV18
Infosys may slash its revenue guidance for the second time this fiscal, stung by "risks" like challenges in the banking and financial services sector and cancellation of projects.
Sep 16, 2016 at 10:02 | Source: PTI
While announcing its first quarter earnings, Infosys had slashed its annual sales growth guidance to 10.8-12.3 percent in US dollar terms for 2016-17, down from the previous forecast of 11.8-13.8 percent.
Sep 15, 2016 at 10:07 | Source: CNBC-TV18
In an interview with CNBC-TV18, Irfan Razack, CMD of Prestige Estates said that the revenues fell due to less recognition in this quarter but he is confident to meet the sales guidance of Rs 3,250 crore in FY17.
Sep 12, 2016 at 16:05 | Source: CNBC-TV18
"We cannot guess and judge the business from quarter-on-quarter (Q-o-Q) basis. So the yearly guidance of the company remains Rs 1,500 crore like last year", RC Mansukhani, Chairman of Man Industries told CNBC-TV18.
Sep 12, 2016 at 12:16 | Source: CNBC-TV18
Acknowledging that the adoption of IND-AS norms impacted margins, JC Sharma, Vice-chairman and Managing Director of Sobha Limited told CNBC-TV18 that the company is confident of achieving its FY17 guidance of 3.5 msf.
Sep 09, 2016 at 08:14 | Source: PTI
Hong Kong, Sep 8 (AFP) Asian markets mostly fell todayfollowing a recent run of gains but Hong Kong and Shanghaitraders cheered data showing Chinese imports rose in Augustfor the first time in almost two years.Regional shares have enjoyed a strong run since the startof the month, fuelled by optimism about the state of the USeconomy and the prospects of borrowing costs being kept atultra-low levels until at least December.But the rally petered out today as investors put theirfoot on the brake.Tokyo was down 0.8 per cent in the afternoon but thestandout performer was Nintendo, which soared on news it haddeveloped an exclusive Super Mario game for Apple.Sydney lost one per cent and Seoul shed 0.2 per cent.Singapore, Wellington and Bangkok also suffered sharp losses."Volatility, or the lack thereof, is still the key driverin financial markets," Chris Weston, chief markets strategistin Melbourne at IG Ltd, said in an email, according toBloomberg News."The Fed are not going to raise rates this year if theytruly are data dependent and if they hike in December it wouldbe an admittance that they are more dictated by a calendar-based guidance."But Hong Kong was up 0.4 per cent by the break whileShanghai pared almost all its early losses to end the morningflat following the Chinese figures.China's customs department said August imports rose 1.5per cent on-year, the first increase in 22 months, whileexports fell less than expected thanks to weakness in thecountry's yuan currency.The figures marked a sharp turnaround from July and willraise hopes the world's number two economy and key driver ofglobal growth is stabilising after years of slowing growth.The economy grew last year at its slowest pace in a quarter ofa century.In Tokyo gaming giant Nintendo soared 18 per cent at onepoint after it announced with Apple that "Super Mario Run"would be available on the App Store this year. It ended themorning up 13.2 per cent.The news came after the global success of mobile gamePokemon Go, based other Nintendo characters, which has nowbeen downloaded about half a billion times.However, Japanese investors were left unimpressed byfigures showing the economy grew just 0.7 per cent on anannualised basis in April-June, well down from the 2.1 percent seen in the previous three months..
Sep 08, 2016 at 11:35 | Source: Moneycontrol.com
Industry analysts believe that the Brexit in Europe and macro-economic issues in the United States will continue to weigh on Indian IT companies.
Sep 08, 2016 at 10:35 | Source: CNBC-TV18
The analysts are bearish on the entire IT pack and believe that the sector will underperform in coming quarters. However, industry body Nasscom says that various factors are the reason behind volatility in the sector.