Have received the approval for Nakshatra IPO in June, it is still in the planning stage and in due course we will be filing it, Abhishek Gupta, Group Advisor of Gitanjali Gems said.
The consolidation phase makes private equity investments in the telecom space difficult says marquee PE firm Apax Partners’ Shashank Singh. He also added that while telecom companies are racing ahead for content play as well, this model has not worked in the past.
Panama Petrochem is in focus on the back of a good set of Q2 numbers. In an interview to CNBC-TV18, Hussein Rayani, Joint MD of Panama Petrochem discussed the company's Q2 performance.
“We know that we got the clearance from Securities and Exchange Board of India (SEBI). it is a process. Process is on and as the process moves on, you will see the thing getting opened up, so there is no hurdle, no restriction, it is just the process time,” T Suverna Raju, Chairman and Managing Director of HAL said.
“I don’t see any reason to expand capacity for another two years,” said Pramod Chaudhari, Executive Chairman of Praj Industries.
In an interview to CNBC-TV18, HM Bharuka, VC & MD of Kansai Nerolac spoke about the latest happenings in the company and gave his outlook for the future.
In an interview to CNBC-TV18, Rajnish Kumar, Chairman of State Bank of India shared his views and readings on the bankruptcy code change.
Going forward, we don’t see any issues in aerospace, we will see good growth, said Ajay Aggarwal, CFO, Cyient Ltd.
Asian Granito India is in focus on the back of a decent set of Q2 numbers and the fact that the goods and services tax (GST) on tiles and marble has been cut from 28 percent to 18 percent.
On tractor business, Sorab Agarwal, ED of Action Construction Equipment (ACE) said, Q1 was negative because of goods and services tax (GST) impact but in March quarter, he is hopeful to do about 20-30 percent growth in tractor business.
Thomas Cook will sell 5.42 percent stake in their subsidiary Quess Corp via Rs 600 crore offer for sale. This will bring the promoter holding in Quess Corp down to 75.38 percent from 81.52 percent.
In an interview to CNBC-TV18, Atul Lall, MD of Dixon Technologies (India) spoke about latest happenings in the company and gave his outlook for the future.
Simplex Infrastructures in focus as the company has won Rs 524 crore order from NBCC for a construction of IIT buildings at Bhubaneswar.
In an interview to CNBC-TV18, Deepak Jain, MD of Lumax Industries spoke about the latest happenings in his company and sector.
In an interview to CNBC-TV18, K Ullas Kamath, Joint MD & CFO of Jyothy Laboratories spoke about the latest happenings in his company and the sector.
Consumption of shrimps in India is far lower as compared to western countries, said K Subrahmanya Chowdary, Executive Director, Apex Frozen Foods.
The government recently hiked carpet area of houses eligible for interest subsidy under the Pradhan Mantri Awas Yojana. The move will help middle income buyers and help the sector in clearing unsold homes.
Lalit Malik, CFO, Dabur said they have reduced 9 percent prices of those products where the GST rates were reduced from 28 to 18 percent and it was done last week.
According to HP Singh, Founder and MD of Satin Creditcare Network, housing companies have reported better numbers than microfinance institutions (MFIs) post demonetisation.
We will be trying to make this a debt-free company by selling the non-core assets, Vijay Mansukhani, MD of Mirc Electronics said.
Gravita India is in focus after reporting a good set of Q2 numbers. In an interview to CNBC-TV18, Sunil Kansal, CFO of the company spoke about the results and his outlook going ahead.
The public sector undertaking (PSU) banks have been buzzing off late after reporting better than expected performance on loan growth and asset quality front.
The upgrade on the Moody’s rating is also going to help us in terms of the sale and leaseback of the various aircrafts, which we are going to get, said Amit Agarwal, CFO of Jet Airways.
Cochin Shipyard posted a weak Q2. In an interview to CNBC-TV18, Madhu S Nair, CMD of the company spoke about the results and his outlook going ahead.
89 percent of Can Fin Homes’ portfolio is for individual home buyers. “We have given a guidance of Rs 17,000 crore loan book for current year so we are sticking on to that so far,” SK Hota, MD, Can Fin Homes said.