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Management Interviews

  • Sales will normalise by end of Q3, says Adi Godrej

    Sales will normalise by end of Q3, says Adi Godrej   

    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

  • Pharma sector sales down 10-12%, pain to ease by Jan: Wockhardt

    Pharma sector sales down 10-12%, pain to ease by Jan: Wockhardt   

    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

  • Demand down 30% since demonetisation: Raymond Chief

    Demand down 30% since demonetisation: Raymond Chief   

    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

  • No direct impact of demonetisation: ABM Knowledgeware Chief

    No direct impact of demonetisation: ABM Knowledgeware Chief   

    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

  • Demonetisation has impacted Indian sales, not exports: Biocon

    Demonetisation has impacted Indian sales, not exports: Biocon   

    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 develops offline payment solution

    Nucleus Software develops offline payment solution   

    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

  • Tata`s lost governance standard needs to be reclaimed: Mistry

    Tata's lost governance standard needs to be reclaimed: Mistry   

    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

  • Aim to produce 50% of India`s oil needs: Vedanta

    Aim to produce 50% of India's oil needs: Vedanta   

    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 bags Rs 35-cr order from W Bengal electric distribution co

    Cosyn bags Rs 35-cr order from W Bengal electric distribution co   

    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

  • Sales deferred on currency ban; FY17 net seen flat YoY:Endurance

    Sales deferred on currency ban; FY17 net seen flat YoY:Endurance   

    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

  • Demonetisation creating a level-playing field: PC Jeweller

    Demonetisation creating a level-playing field: PC Jeweller   

    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

  • November collections at 91%, disbursements also strong: Ujjivan

    November collections at 91%, disbursements also strong: Ujjivan   

    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

  • Euro depreciation won`t dent profits: Motherson Sumi

    Euro depreciation won't dent profits: Motherson Sumi   

    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

  • Cash crunch not a worry for grocery e-tailer BigBasket

    Cash crunch not a worry for grocery e-tailer BigBasket   

    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

  • Demonetisation: Govt not stopping cash; it is a nudge to go digital, says Prasad

    Demonetisation: Govt not stopping cash; it is a nudge to go digital, says Prasad   

    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

  • Not optimistic of December sales; November was flat: Monte Carlo

    Not optimistic of December sales; November was flat: Monte Carlo   

    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

  • Career Point bags order for tutorial services in Chhattisgarh

    Career Point bags order for tutorial services in Chhattisgarh   

    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 in last few days back to pre-demonetisation level: Titan

    Sales in last few days back to pre-demonetisation level: Titan   

    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

  • Minimum import prices always been a temporary tool: Tata Steel

    Minimum import prices always been a temporary tool: Tata Steel   

    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

  • Tough to guide on sales volumes; market share intact: Bajaj Auto

    Tough to guide on sales volumes; market share intact: Bajaj Auto   

    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

  • Higher crude prices to improve topline, aid profits growth: ONGC

    Higher crude prices to improve topline, aid profits growth: ONGC   

    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

  • Old note deposits slowing down in last 2-3 days: SBI

    Old note deposits slowing down in last 2-3 days: SBI   

    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

  • Best case margins is $5-6/bbl if crude is not volatile: HPCL

    Best case margins is $5-6/bbl if crude is not volatile: HPCL   

    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

  • No plans to merge Jabong and Myntra: Anant Narayanan

    No plans to merge Jabong and Myntra: Anant Narayanan   

    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

  • Flipkart`s Bansals cautiously optimistic on demonetisation

    Flipkart's Bansals cautiously optimistic on demonetisation   

    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

  • Demonetisation: Cash crunch adds to citizens` woes on payday

    Demonetisation: Cash crunch adds to citizens' woes on payday   

    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

  • Global food players need to revisit biz models for India: Badal

    Global food players need to revisit biz models for India: Badal   

    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

  • RBI tightens lending norms for larger corporates

    RBI tightens lending norms for larger corporates   

    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

  • Telcos will see subdued Q3 & Q4 due to Jio offer: Experts

    Telcos will see subdued Q3 & Q4 due to Jio offer: Experts   

    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

  • RBI challenges Tata-DoCoMo contract citing FEMA compliance issue

    RBI challenges Tata-DoCoMo contract citing FEMA compliance issue   

    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

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