BUSINESS
Aiming for higher non-agri business, PVC prices likely to be volatile, says Finolex MD Ajit Venkataraman
Poly vinyl chloride (PVC) pipe and fittings maker Finolex Industries’ gross profit margin for the March quarter was down compared to the same period last year
BUSINESS
360 One, ICICI Prudential, and ValueQuest PMS receive highest inflows in April
ASK's Indian Entrepreneurship Portfolio saw the highest redemptions totaling to Rs 617 crore in April.
BUSINESS
Bharti Airtel's majority investments to be in 5G even with limited monetisation: Gopal Vittal
He said that the free 5G data is causing challenges in monetization despite some headwinds.
BUSINESS
Bharti Airtel Q4 preview: Net profit seen lower, revenue likely to rise 8% to Rs 38,736 crore
While the revenue is expected to increase by 7.9 percent YoY to Rs 38,736 crore in Q4FY24.
BUSINESS
Markets to become less volatile after every phase of polling: S Jaishankar
'I definitely see much more foreign investment coming in, but right now investors are waiting for June 4 outcome and then they will take a call,' Jaishankar said.
BUSINESS
Family offices in India betting big on overseas investments
As per data from RBI, the cumulative investments under the Liberalized Remittance Scheme increased nearly three-fold from $441 million in FY17-18 to $1,256 million in FY22-23
BUSINESS
HFT Scan: Jupiter Wagons and Vijaya Diagnostic Centre in focus
Jupiter Wagons, Vijaya Diagnostic Centre, and Smartlink Holdings touched their 52-week highs on May 10.
BUSINESS
Dalal Street Week Ahead: India & US inflation, ECB financial stability review among 10 things in focus
Markets are expected to consolidate during the week due to the Lok Sabha elections and commentary on US and India inflation.
BUSINESS
Four investment themes from a fund manager who delivered 102% returns in one year
Prasanna Pathak said that India is planning to bring down the share of logistics in total cost from 14 percent currently to 7 percent, and the biggest beneficiary of this would be the railways sector.
BUSINESS
Won’t chase market share at cost of margins; aiming for sustainable growth: Blue Star
Blue Star MD Thiagarajan says that room air conditioners will be the focus for Blue Star as it is fast growing and still underpenetrated.
BUSINESS
Warren Buffet longs for another day of fun with Charlie Munger; says he would do the same things that he used to
Buffett said, "Charlie used to say, 'Tell me where I'm going to die and I will never go there'.
BUSINESS
What leaders of conglomerates may want to learn from Warren Buffett about transition: Ajit Jain explains
Buffett stated that operating executives prefer to talk to Abel or Jain.
BUSINESS
Berkshire’s major investments will be in the United States: Warren Buffett
United States rules, weaknesses, and strengths...but I don't have the same feeling for economies around the world, he said
BUSINESS
HFT Scan: Atul Auto and Geojit Financial Services in focus
Geojit Financial Services touched a 52-week high on May 2.
BUSINESS
Dabur India to expand gross margin with price hikes, but won’t hit recent highs, says CEO
The management guided a mid-to-high single-digit volume growth going ahead. The company has also budgeted a 3 percent price increase, limited to a few parts of the portfolio.
BUSINESS
Hike in surrender value could drag insurers' profitability, say experts
If IRDAI considers increasing the surrender value, it will likely impact insurance companies's profitability as well as policyholder’s behaviour, analysts said.
BUSINESS
More investors now buying PMS products directly, avoid distributors
Growing awareness of PMS products and the rise of family offices, which have the resources to analyse the performance of various PMS products, are the key factors driving this trend, they say.
BUSINESS
PSU bank stocks at all-time high as quality banks face setbacks. Will the rally continue?
Compared to historical averages, PSU banks are beginning to look expensive. Traditionally, PSU books used to quote at less than one time (stock) price to book value. Most of them are now quoting at more than one time the book value.
BUSINESS
Hindustan Unilever drops 'health' label from Horlicks, calls it 'functional nutritional drink'
The National Commission for Protection of Child Rights recently had said that there is no definition for 'health drinks' under the Food Safety and Standards Act 2006.
BUSINESS
Hindustan Unilever eyes modest margin improvement on better product mix, will invest in 6 growth areas
The FMCG bellwether is eyeing to clock a double-digit earnings per share (EPS) growth going ahead said chief financial officer Ritesh Tiwari
BUSINESS
Urban markets, premium products continue to drive FMCG growth even as rural demand seeing recovery: HUL
Commenting on the outlook for the FMCG sector, the HUL management said that it sees FMCG demand to continue improving gradually.
BUSINESS
Nestle India Q1 preview: Strong revenue, profit growth expected on price hikes
Nestle India is expected to post a volume growth of 5.3 percent and a pricing growth of 3 percent YoY in the January-March quarter YoY, as per Kotak Institutional Equities.
BUSINESS
Tata Consumer tea market share declines; CEO waits for rivals to release numbers
Tata Consumers' moving annual total (MAT) market share for tea has decreased by 30 basis points in volume and 50 basis points in value over the past year.
BUSINESS
Tata Elxsi rides high on OEMs' software development spend
The company's revenue from operations increased 8.1 percent year-on-year (YoY) to Rs 905 crore in Q4FY24.
