BUSINESS
Ajay Piramal recalls his time at Tata Sons: 'Never felt we were competing'
Piramal said Ratan Tata personified equanimity, and always did what was right for the group. The one lesson that Ajay Piramal learnt from the Tatas was that 'profit can be a force of good'.
BUSINESS
India poised to be the office of the world, says Cognizant CEO Ravi Kumar
Ravi Kumar forecasts that the disruption caused by the integration of artificial intelligence into enterprise will see a swift 'S' curve, as the innovations made possible by AI get adopted by businesses.
BUSINESS
China rally may continue till December before fading away next year, says Sandeep Bhatia of Macquarie Capital
The nature of selling in India has been such that it is seeing both hedge funds as well as long-only fund pull out right now, which Sandeep Bhatia said was partly due to profit booking, as well as to fund upcoming IPOs.
BUSINESS
Need to reduce time taken by infra projects to unlock value: L&T's Shankar Raman
"If we can reduce time taken to build the infra, it will help the present value of money being unlocked," Shankar Raman said.
BUSINESS
Not a 'garden variety' correction, Gautam Shah of Goldilocks sees short-term top for broader markets
Gautam Shah of Goldilocks Research believes this correction is going be 'unlike anything we may have seen in the recent past', especially after the rebound from Covid-19 lows. "This is not a 'garden variety' correction," he said.
BUSINESS
Expect more volatility and downside this month, says Rohit Srivastava of IndiaCharts
The Nifty selloff has threatened the medium-term setup, and on a one-month basis, the index may be breaking on the downside, fears IndiaCharts' Rohit Srivastava.
BUSINESS
China-dedicated funds ploughed $13 billion into stocks this week, says EPFR Global's Cameron Brandt
Even though China remains the 'only game in town', Brandt added that India's inflows still remain in a 'healthy position', as most of the money is coming at the expense of Europe.
BUSINESS
Adrian Mowat sees some selling by foreign funds to move into China, but no big scare to India's bull run
Adrian Mowat said several active fund managers who were Overweight on India may be trimming positions in order to rotate money into China.
BUSINESS
Net inflow into China equity funds surging after PBoC action, shows EPFR data
The MSCI China Index is up more than 30% from recent lows after China's recent measures to revive growth, helped by low valuations.
BUSINESS
We're far from a bull run in Chinese stocks, says Sunil Koul of Goldman Sachs
There are still challenges to China's economic growth and the swift stock market rally seen last week is not indicative of a 'structural bull run' as yet, said Sunil Koul of Goldman Sachs.
BUSINESS
Mark Mobius sees Sensex at 1 Lakh by end of year, bets 50% fresh investments on India
The ongoing momentum in Indian stocks is likely to take Sensex past 1,00,000 mark 'probably by end of the year', provided measures by capital market regulator do not become a dampener, Mobius said.
BUSINESS
ENTOD Pharma appeals to DCGI over suspension, says PresVu eye drops do not replace reading glasses
ENTOD Pharma met Drug Controller General of India (DCGI) officials earlier this week, and informed the regulator that PresVu eye drops were not intended to replace reading glasses, or non-invasive options, for presbyopia.
BUSINESS
A 'ferocious' rally in largecaps now will be a sign of risk, cautions Ramesh Damani
The lure of trading has cost the retail investor multi-bagger returns, Ramesh Damani said, adding that the buy and hold way has created longer term wealth.
BUSINESS
India's IPO market over-heated, upcoming 'K-pop' issues will drain liquidity, says Ramesh Damani
Ramesh Damani also said that after the strong run up in the markets, he finds valuations in the mid and smallcap space looking 'stretched', and has started to lighten up positions in this space and shift to large cap names.
BUSINESS
Keep your portfolio balanced, advices Manish Chokhani, as small and midcap valuations go 'berserk'
To guard against any turmoil in the shares in broader market, Manish Chokhani adviced investors to avoid too much concentration in smallcaps.
BUSINESS
Fed's outsized rate cut may have had 'political' motivation, says Chris Wood
Chris Wood is also bullish on India's residential property theme, where he sees an upcycle underway that could continue for another four years, he said.
BUSINESS
"More bullish on emerging markets," says Mark Mobius, after the Fed rate cut
Despite valuation concerns being echoed in India's small and midcap space, Mobius said he is still very upbeat on India's as an investment destination.
BUSINESS
Donald Trump, Kamala Harris slice the Fed cut to score points ahead of November election
The Federal Reserve’s rate cut echoed in the 2024 presidential campaign as well, with Democrat Kamala Harris praising the move while Republican Donald Trump implying the move may have been politically driven.
BUSINESS
China's business climate floundering, India a key de-risking alternate for USA Inc, says this report
It is increasingly getting riskier to do business in China, according to a report by American Chamber of Commerce in Shanghai.
BUSINESS
DCGI suspends nod for Entod's eye drop, company says will challenge the order
The DCGI order, reviewed by Moneycontrol, said the company did not obtain any prior approval from the Central Licencing Authority to make such claims for the product.
BUSINESS
Raymond Lifestyle bets an 'extended wedding season' this year will fashion a demand surge
Around 45 days or so before the wedding season, Raymond Lifestyle said the business starts to see traction. This year too, an uptick in demand may be visible from the second quarter itself.
BUSINESS
Iron ore prices struggle at multi-year lows in a 'challenging' global environment
Prices of iron ore have been slipping this year, down more than 33 percent, to test multi-year lows as domestic consumption from China remains weak, with no sign of any recovery.
BUSINESS
Brent tests $139 on fears of ban on Russian oil; JPM fears $185 for crude in 2022
The commodity complex is in the midst of its strongest start to the year since 1915, as fears of a ban on oil & gas supplies from Russia is stoking panic. Brent crude prices have tested $139 per barrel and a JPMorgan reports is projecting $185 for oil in 2022.
WORLD
Shane Warne: The wizard who glorified spin bowling
If one looks beyond the trio of Bedi, Prasanna and Chandrashekhar who ruled the cricketing universe, arguably no one aside Warne came close to restore spin bowling to its rightful glory.
