Sales impacted due to demonetisation will normalise by the end of this quarter, says Adi Godrej, Chairman of Godrej Group. No de-growth is expected in Q3 or Q4 of the current fiscal.
07 Dec 2016, 1.31 pm | Source: CNBC-TV18
The pharmaceutical industry did suffer some set back with sales declining about 10-12 percent since demonetisation. However, Habil F Khorakiwala, Founder, Chairman & Group CEO of Wockhardt feels the impact will last only until Jan...
07 Dec 2016, 12.40 pm | Source: CNBC-TV18
Hit by demonetisation Indian textile major Raymond has seen 30 percent decline in demand over 3-4 weeks, said CEO Sanjay Behl.
07 Dec 2016, 9.51 am | Source: CNBC-TV18
E-governance solutions provider ABM Knowledgeware reported a rise in revenue at Rs 38.50 crore in the second quarter of this financial year. Stocks of the company have risen by 40 percent in last two weeks.
06 Dec 2016, 3.02 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Kiran Mazumdar Shaw, CMD of Biocon said huge opportunities exist for Biocon in the US biosimilars market.
06 Dec 2016, 12.52 pm | Source: CNBC-TV18
Nucleus Software launched the world's first offline digital cash solutions - PaySe - this year and MD & CEO Vishnu R Dusad says this system will connect rural areas for e-payments.
06 Dec 2016, 11.19 am | Source: CNBC-TV18
Addressing the shareholders, Mistry further said that the group companies have done their best to help Tata Sons retain its equity ownership and the companies also pay royalty to Tata Sons for the use of the Tata brand.
05 Dec 2016, 6.12 pm | Source: CNBC-TV18
Keen on the Indian growth story, Anil Agarwal, Chairman of Vedanta said that he wants to meet the country's growing demand and aims to produce 50 percent of India's oil needs.
05 Dec 2016, 4.19 pm | Source: CNBC-TV18
Cosyn stock price rose 12 percent in trade on Monday after the company bagged an order from West Bengal State Electricity Distribution Company for a value of Rs 34.44 crore. Ravi Vishnu, managing director, Cosyn said the order wil...
05 Dec 2016, 2.04 pm | Source: CNBC-TV18
Endurance Technologies is in focus after the company reported a decent set of earnings. In an interview to CNBC-TV18, Anurang Jain, Managing Director of Endurance Technologies spoke about the results and his outlook for the compan...
05 Dec 2016, 1.36 pm | Source: CNBC-TV18
The introduction of the demonetisation scheme resulted in discomfort for many sectors. However, the cash clean-up is creating a level playing field for the organised players, believes Sanjeev Bhatia, CFO, PC Jeweller.
05 Dec 2016, 1.29 pm | Source: CNBC-TV18
The impact of demonetisation seems to be waning as improving access to currency has led to robust collections and disbursements for Ujjivan Financial Services, says CFO Sudha Suresh.
05 Dec 2016, 11.08 am | Source: CNBC-TV18
Motherson Sumi's Chairman Vivek Chaand Sehgal says the company both buys raw materials and sells the finished goods in euro and may not be affected by a weaker euro. He adds that Motherson Sumi may instead benefit when cars are ex...
05 Dec 2016, 9.28 am | Source: CNBC-TV18
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