While the demonetisation scheme is acting as a hurdle for many sectors, for BigBasket it is a blessing in disguise. The company has upped its revenue projection by 20 percent in the financial year 2017.
02 Dec 2016, 10.13 pm | Source: CNBC-TV18
The government’s demonetisation drive is a three-pronged attempt to target black money, stifle terror funding and pushing citizens to go digital, said Ravi Shankar Prasad, Minister of Information Technology. “We are not stoppi...
02 Dec 2016, 6.13 pm | Source: CNBC-TV18
The company was expecting better sales of around 20-25 percent in November on back of 7th pay commission, good monsoons and in turn good winter but they were flat, said Sandeep Jain, Executive Director, Monte Carlo Fashions.
02 Dec 2016, 3.22 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, Pramod Maheshwari, CMD & CEO of Career Point Infosystems spoke about the latest happenings in his company and sector.
02 Dec 2016, 1.06 pm | Source: CNBC-TV18
Sales of both jewellery and watches over the last one week has returned to the levels seen for the same period before demonetisation was announced, says S Subramaniam, CFO, Titan Company.
02 Dec 2016, 12.08 pm | Source: CNBC-TV18
TV Narendran says the steel industry as a whole has done well in the last year. The government has helped the industry to deal with anti-dumping duties, but the imposition of minimum import prices has always been a temporary measu...
02 Dec 2016, 11.02 am | Source: CNBC-TV18
It is tough to ascertain when sales will pick up as the demonetisation pain could continue for few more months says S Ravikumar, President - Business Development at Bajaj Auto.
02 Dec 2016, 10.52 am | Source: CNBC-TV18
AK Srinivasan, Director Finance, ONGC told CNBC-TV18 that surge in crude oil prices will aid topline growth. On an annulised basis their revenues would be up by Rs 1000 crore and profits would increase by Rs 425 crore.
02 Dec 2016, 10.40 am | Source: CNBC-TV18
The number of transactions and amount deposited in banks following demonetisation is on a downward trajectory, says Rajnish Kumar, MD of SBI. He believes the overall deposits could not have yet touched the highly-speculated Rs 11 ...
02 Dec 2016, 10.19 am | Source: CNBC-TV18
Speaking to CNBC-TV18 MK Surana, CMD of HPCL said that as long as cracks are maintained, refinery margins would be on track. The term "crack" is derived from the fluid catalytic cracking of crude oil, which is used to refine crude...
02 Dec 2016, 10.01 am | Source: CNBC-TV18
Fashion e-tailer Myntra's growth has zoomed 80% thanks to the acquisition of jabong. Speaking to CNBC-TV18's Adith Charlie, Myntra and Jabong's CEO Anant Narayanan said there are no plans to merge Jabong and Myntra or to shut down...
01 Dec 2016, 10.31 pm | Source: CNBC-TV18
Demonetisation may bring about long term benefits for Indian e-tailers but as things stand there is a clear immediate impact on business. That’s the word coming in from Flipkart co-founders Sachin and Binny Bansal.
01 Dec 2016, 10.07 pm | Source: CNBC-TV18
Usually the pay day week brings a smile to everyone's face but demonetisation seems to have taken that away. Customers were greeted with 'no cash' boards at banks. Here is CNBC-TV18’s ground report from the length and breadth of...
01 Dec 2016, 8.16 pm | Source: CNBC-TV18
FDI in food retail will give an impetus to India’s food sector, Food Processing Minister Harsimrat Kaur Badal told CNBC-TV18 in an exclusive interview. India’s food processing is the sunrise sector, it is growing faster than a...
01 Dec 2016, 7.17 pm | Source: CNBC-TV18
Reserve Bank of India (RBI) has tightened the rules for bank's lending to large corporate entities. The rule is applicable from April 1, 2019.
01 Dec 2016, 6.52 pm | Source: CNBC-TV18
The news of Reliance Jio extending its free services has hit the telecom stocks hard. In conversation with CNBC-TV18, analysts talk about the impact of this announcement on other big players in the telecom sector.
01 Dec 2016, 5.43 pm | Source: CNBC-TV18
The Reserve Bank of India (RBI) on Thursday challenged the legality of the Tata-DoCoMo contract in the high court saying Tata Sons should not be permitted to remit money overseas whether it is for a share buyback or arbitration aw...
01 Dec 2016, 5.28 pm | Source: CNBC-TV18
Prakash Diwan, Altamount Capital Management is more impressed with the announcement of JioMoney Merchant application and the aim of bringing around 10 million small retailers and merchants under the net.
01 Dec 2016, 2.46 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, Bina Engineer, Director of Sanghi Industries spoke about the impact of demonetisation on cement and gave her outlook for the company.
01 Dec 2016, 2.37 pm | Source: CNBC-TV18
Speaking about the order expectation from the state generating companies Vinod Mason, Director-Strategy at Transformers and Rectifiers (India) said, "We are seeing a positive trends coming from states".
01 Dec 2016, 12.33 pm | Source: CNBC-TV18
Festive season boost and low base effect have helped automobile companies post better-than- expected sales numbers despite concerns demonetisation will have a negative impact says Pranoy Kurian of IDBI Capital Markets & Securities...
01 Dec 2016, 12.31 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, Parag Shah, Managing Director of Man Infraconstruction spoke about the results and his outlook for the company.
01 Dec 2016, 12.25 pm | Source: CNBC-TV18
Kishor Patil, MD & CEO, KPIT Technologies said the partnership would be funded through internal accruals. The cash balance with the company currently stands at Rs 400 crore.
01 Dec 2016, 12.20 pm | Source: CNBC-TV18
Vivek Kamra, President, JK Tyre said from an industry perspective they haven’t seen an impact on tyre demand in commercial vehicle segment but only in passenger car and two-wheelers.
01 Dec 2016, 10.59 am | Source: CNBC-TV18
RBL Bank did face minor challenges in some rural pockets due to lack of currency post demonetisation says Head of Strategy Rajeev Ahuja. However, he is quick to add that the impact of demonetisation has not been as severe as it ha...
01 Dec 2016, 10.58 am | Source: CNBC-TV18
The investors has made a significant investment in the group, said John Flintham, Vice Chairman of Amtek Auto. The company did not disclose name of the investor.
30 Nov 2016, 4.02 pm | Source: CNBC-TV18
Speaking to CNBC-TV18 Kaustubh Chaubal of Moody's said that there is no change in ratings of Tata group companies but should any new facts emerge, then they would review them.
30 Nov 2016, 3.36 pm | Source: CNBC-TV18
With the government's thrust on digital payments post demonetisation, the telecom regulator TRAI is working full swing to enable digital payments by way of USSD, which enables feature phone users to transact digitally without inte...
30 Nov 2016, 1.55 pm | Source: CNBC-TV18
JC Sharma, Vice Chairman & MD, Sobha said the number of enquiries and site visits have remained stable even post demonetisation but people have deferred their bookings and decisions because of uncertainty.
30 Nov 2016, 12.41 pm | Source: CNBC-TV18
"The government is trying to do many things within a short period of time," says Harsh Mariwala, Chairman of Marico. Several traders are still not prepared for GST, he adds.
30 Nov 2016, 10.49 am | Source: CNBC-TV18