Bata India did well in the June 2019 quarter. Network expansion, gradual transition towards premium products and a series of promotional campaigns will drive the company’s growth. However, the stock trades at demanding valuations. (image) Q1 FY20 earnings snapshot Ind AS 116 impact Previously, companies accounted for lease rental expenses as a separate operating expense or included it under the 'other expenses' head. Ind AS 116 came into effect from April 1, 2019. Starting FY20, for properties taken on lease, the rent for lessees,...
Moneycontrol Pro Panorama | Budget 2023: Bonds jump in joy, stocks sulk
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In today’s edition of Moneycontrol Pro Panorama: Old Pension Scheme is not a gamechanger, bitcoin makes a comeback, big firms st...
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Feb 4, 2023 / 11:20 AM IST
The well-crafted and well-delivered budget got many ‘wows’, but Mr Market’s worry lines are not yet gone
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