Speaking to CNBC-TV18 Prashant Pandey, MD & CEO ENIL said that impact has been severe. The hit on revenues has been around 10 percent, he said. He added that the media industry is expecting a turbulent December.
28 Nov 2016, 2.54 pm | Source: CNBC-TV18
The impact of demonetisation will be felt in the third quarter of this fiscal as tertiary sales have come down by 30-40 percent despite primary sales not wavering much, says Shreevar Kheruka, MD of Borosil Glass.
28 Nov 2016, 1.38 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, RK Jain, Group President-Finance, Uflex spoke about the results and his outlook for the company.
28 Nov 2016, 1.12 pm | Source: CNBC-TV18
Speaking to CNBC-TV18 Ajay Singh, Chairman and Managing Director of Spicejet, said the performance of the airline has been creditable given the fact this is the weakest quarter for industry.
28 Nov 2016, 12.18 pm | Source: CNBC-TV18
Going forward there will be good availability of liquidity and digitisation of the banking sector will lead to behavioral and client changes, says Shyam Srinivasan, MD and CEO of Federal Bank.
28 Nov 2016, 11.24 am | Source: CNBC-TV18
peaking to CNBC-TV18 Sameer Nair Group CEO of Balaji Telefilms says that new shows have a much lower margin. He is hoping to have 10 shows on air by FY17 end. TV business gross margin is likely to be up 25 percent by this fiscal y...
28 Nov 2016, 11.08 am | Source: CNBC-TV18
The cement sales in the month of November were down around 10 percent and would be low in December as well by a similar percent in case current cash withdrawal limits don’t change, said Sanjay Ladiwala, Chairman, Cement Stockist...
28 Nov 2016, 10.57 am | Source: CNBC-TV18
It is difficult to predict which way US President-elect Donald Trump will move in terms of policy but his 'bark is worse than his bite' and it is unlikely that Trump will make those fundamental changes that everyone expects, said ...
28 Nov 2016, 10.20 am | Source: CNBC-TV18
CNBC-TV18 and Religare Capital Markets have gone on to The Great India Road Trip starting from Maharashtra. Watch accompanying video of the conversation that Archana Shukla had with Gautam Trivedi of Religare Capital Markets.
28 Nov 2016, 8.39 am | Source: CNBC-TV18
Post demonetisation retailers across the country have been hit with drop in demand and more than 60 percent retailers feel their sales have declined significantly, says Prasun Basu, President - South Asia at Nielsen.
25 Nov 2016, 3.28 pm | Source: CNBC-TV18
At the launch of its Aditya Birla Financial Services' health insurance arm Mayank Bathwal, CEO of Aditya Birla Health told CNBC-TV18 the opportunity in the space is significant as currently only about Rs 27,000 crore worth of mark...
25 Nov 2016, 3.27 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, M Manickam, Executive VC of Sakthi Sugars said no impact of demonetisation as company's payments to farmers is 100 percent via cheque.
25 Nov 2016, 1.53 pm | Source: CNBC-TV18
According to a CNBC-TV18 report, the apex court will hear the appeals against the demonetisation scheme on December 2. The court will hear the plea challenging the legality and constitutionality of the scheme.
25 Nov 2016, 1.42 pm | Source: CNBC-TV18
Impact of demonetisation has been negligible, says K Ravi, MD of NCL Industries.
25 Nov 2016, 12.08 pm | Source: CNBC-TV18
On the first day of cash dispensation the company saw around 50,000 transactions conducted, says Kishore Biyani, Chairman, Future Retail.
25 Nov 2016, 11.38 am | Source: CNBC-TV18
The company spends around Rs 95 lakh per month on road maintenance and employed around 450 people but now they are not able to maintain the full strength of employment post the order. Raj Bhargava, Chairman, Noida Toll Bridge Comp...
25 Nov 2016, 11.12 am | Source: CNBC-TV18
Sources at the Finance Ministry tell CNBC-TV18 that the banking regulator The Reserve Bank of India is proposing to hike the limit of market stabilisation scheme with the objective of sucking out excess liquidity in the system.
25 Nov 2016, 10.15 am | Source: CNBC-TV18
Venkat Jasti, Chairman and CEO, Suven Life Sciences is confident of maintaining EBITDA margins at 32 percent or more. He is also confident of 10-15 percent topline growth in FY17 and FY18.
25 Nov 2016, 9.36 am | Source: CNBC-TV18
Domestic carrier IndiGo and travel online platform Travelport today announced partnership to distribute the former’s fares and ancillary products to the portal’s customers across 180 countries.
24 Nov 2016, 10.44 pm | Source: CNBC-TV18
The aftermath of the demonetisation drive continues to impact businesses across sectors. CNBC-TV18 spoke to different segments of India Inc to gauge the impact felt them.
24 Nov 2016, 9.51 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Atul Sanghvi said that 50 percent of the company's business comes from the retail segment and there has been a 50 percent decline there.
24 Nov 2016, 3.36 pm | Source: CNBC-TV18
Crisil rated NBFCs will be able to manage the impact because of liquid assets on their balance sheet as long as this disruption gets over in a month or two but if prolonged then asset quality challenges manifest, said Krishnan Sit...
24 Nov 2016, 1.33 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Anoop Kumar Mittal, Chairman of NBCC said that the partnership with the Russian company will fetch some smart city and railway projects.
24 Nov 2016, 1.31 pm | Source: CNBC-TV18
Kamal Khetan, Chairman and Managing Director, Sunteck Realty is not too perturbed of demonetistaion impacting their sales going forward. Mumbai market and organized players would be least affected, he said.
24 Nov 2016, 1.29 pm | Source: CNBC-TV18
Sources tell CNBC-TV18 that government is likely to extend the date for exchanging the old Rs 500 and Rs 1000 banknotes. The window for exchanging the illegal notes, according to govenrment, ends today.
24 Nov 2016, 1.21 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, S Venkatachalam, MD of Orient Green said that the company expects Rs 500 crore worth of revenue and EBITDA in the range of Rs 280-290 crore in FY17.
24 Nov 2016, 11.45 am | Source: CNBC-TV18
Speaking to CNBC-TV18 Dipak Gupta, Joint MD OF Kotak Mahindra Bank, said that it is early to surmise on the impact of demonetisation. He also stressed that the impact is felt not just on the liability side of the bank’s balance ...
24 Nov 2016, 10.37 am | Source: CNBC-TV18
Although the company has cut down ad spends by around 50 percent in November, promotion intensity would continue as normal, said Sunil Duggar, CEO, Dabur.
24 Nov 2016, 10.14 am | Source: CNBC-TV18
With the company largely catering to wedding jewellery, which is almost a compulsory purchase, Sanjeev Bhatia, CFO, PC Jeweller, said the demand could get postponed but would not evaporate.
24 Nov 2016, 9.55 am | Source: CNBC-TV18
Speaking to CNBC-TV18 the state-owner bank's CFO Anshula Kant said the MCLR has been on a decline over the last few months considering weak credit offtake and fund inflows. She sees possibility of a steeper reduction in MCLR going...
23 Nov 2016, 9.28 pm | Source: CNBC-TV18