BUSINESS
Prataap Snacks IPO: Premium offering for a consumption growth story
Indian snacks industry is a secular growth story aided by demographics and changing food habits. There are a limited number of players riding on this theme and Prataap Snacks appears to be in the “right place at the right time” but not quite at the right price.
BUSINESS
US' interest rate policy remains on course despite temporary shocks from hurricanes
The US Fed’s continued stance on the policy rate normalisation is apparently positive for the US dollar, particularly with respect to emerging market currencies.
BUSINESS
Hurricane Harvey: Sunny for petrochemicals but rainy for plastic processioning industry
Indian petrochemical prices have recently firmed up which could impact plastic processing industries. In the meantime, stocks of the petrochemical manufacturers have benefitted from the tightness in the market.
BUSINESS
What’s in store for dollar-rupee exchange rate?
RBI might continue to intervene in the market to prevent appreciation that can cause incremental damage to the economy.
BUSINESS
Trump reforms: Banking deregulation gets centre stage as US Fed undergoes rejig
With the exit of US Fed Vice Chair Stanley Fischer, it creates four vacancies in the 7-member board of governors in Federal Reserve and gives enough leeway to President Trump to work on his banking reforms.
BUSINESS
Media companies could be looking at better days as FMCG loosens purse strings
While the current quarter is witnessing a speeding up of GST transition and restocking, improved ad spending is expected only in Q3 2017.
BUSINESS
Doklam done & terrorists named, but Korea and OBOR will ensure India watches China
The BRICS summit declaration provided an early victory for Indian diplomacy. Further, in the bilateral meet between Modi & Xi, China reaffirmed following principles of “Panchsheel” treaty and emphasized on not letting differences become disputes.
BUSINESS
Coke, Tatas watch out: Patanjali's bottled water plan could create a splash
Patanjali’s entry into water will be under the brand name “Divya Jal”. Never short of ambition or hyperbole, the group has set itself a sales target of Rs 1,000 crore for FY19 suggesting a grand execution plan
BUSINESS
GST Watch: In staples and durables, expect two quarters of supply disruption
