The advance tax refund is expected to start coming in from the first quarter of next financial year that is April to June 2018, said Pirojshaw Sarkari, CEO, Mahindra Logistics.
In a setback for HDIL, Maharashtra Housing and Area Development Authority (MHADA) has accused its subsidiary - Guruashish Construction of a Rs 1,200 crore fraud. In an interview with CNBc-TV18, Sarang Wadhawan, Vice Chairman & Managing Director of HDIL spoke about the latest happenings in his company and sector.
Textile stocks like Arvind are in focus after Reserve Bank of India (RBI) discontinued issuance of Letters of Undertaking (LoU) and Letters of Comfort for trade credit. As well, Arvind SmartSpaces, the realty arm of fashion and apparel firm Arvind, is looking to cross the Rs 1,000-crore revenue mark in the next four years. In an interview with CNBC-TV18, Kulin Lalbhai, Executive Director of Arvind spoke about the latest happenings in his company and sector.
Since the issue is priced to perfection it leaves little on the table for retail investors but it good for long-term investors, said Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs, IIFL.
In an interview to CNBC-TV18, Anurag Choudhary, CEO of Himadri Speciality Chemical spoke about the latest happenings in the company and on anti-dumping duty on SNF.
The capital raised via IPO will give bank strength to grow its business, said Chandrashekhar Ghosh, MD and CEO, Bandhan Bank.
LTCG tax has blunted the edge of equities as compared to last year; however, from a growth perspective, equities should be able to perform better than other asset classes, which ideally should ensure the inflows into equity continue, Ashish Ranawade, Chief Investment Officer (CIO) of Union Asset Management Company Private Limited, said in an interview to Moneycontrol's Kshitij Anand.
Stressing on the low base effect of demonetisation and GST rollout, Vora said that it needs to be seen whether the earnings will sustain post October-November period.
In an interview to CNBC-TV18, Deven Choksey of KRChoksey Securities shared his readings and outlook on the market, specific stocks and sectors.
The commercial vehicle business comprising of medium and heavy vehicles was growing at a fast rate in India, which is good for component manufacturers, said Baba Kalyani CMD, Bharat Forge.
Watch the interview of Ashwani Gujral of ashwanigujral.com, Sudarshan Sukhani of s2analytics.com, Mitessh Thakkar of mitesshthakkar.com, Rajat Bose of rajatkbose.com, Deven Choksey of KRChoksey Securities, Manoj Murlidharan, VP Derivatives at Religare Securities with Latha Venkatesh, Sonia Shenoy and Anuj Singhal on CNBC-TV18, in which they shared their reading and outlook on technicals, fundamentals and Futures and Options (F&O) side of the market as well as specific stocks and sectors.
Kwality has been on up and up off late. In an interview to CNBC-TV18, Rattan Sagar Khanna, Chairman of Kwality spoke about the latest happenings in the company and gave his outlook for the year.
TVS Motor launched its third product in 3 months, the TVS Apache RTR 160. The bike is built on the company's new 4V and this comes just months after the launch of TVS first superbike, the RR 310. The new Apache RTR is priced at Rs 81,490 ex-showroom Delhi. From the side-lines of the launch, CNBC-TV18's Jude Sannith caught up with KN Radhakrishnan, the President and CEO of the company for more details.
Despite a tough market scenario Arvind Lifestyle Brands which houses brands like Gap, Sephora and US Polo Association expects to hit revenues of Rs 5,000 crore by 2020.
In an interview to CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the latest happenings in his company and detailed the impact of LoU ban.
February wholesale price index (WPI) inflation has come in at 2.48 percent which is in line with the street expectations and it would imply that WPI inflation has eased for the third straight months.
U-Flex launched a couple of new products in the printing machinery. In an interview with CNBC-TV18, Rajesh Bhatia, Global CFO of U-Flex discussed their new launches and more.
January Index of Industrial Production (IIP) was strong at 7.5 percent and capital goods showed a sharp increase by 14.6 percent. In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax gave a check of the ground realities.
Nothing has changed in the equity markets. We had wonderful three years so we have to give in reversion to mean, said Raamdeo Agrawal, Co-Founder, Motilal Oswal Financial Services.
CNBC-TV18's Anshu Sharma caught up with Spencer Dale, Group Chief Economist of BP and asked him if he expects the oil demand to peak at some point and what are the key levels to watch out for in terms of crude prices.
Reserve Bank of India (RBI) has discontinued the issuance of letters of undertaking (LoU) and letters of comfort (LoC)for trade credit by banks. In an interview with CNBC-TV18, Rajkiran Rai G, Managing Director & CEO of Union Bank of India shared his views and outlook on the same.
In an interview to CNBC-TV18, Ashutosh Khajuria, ED of Federal Bank shared his views and readings about banning letters of undertakings (LoUs).
Canara Bank will receive commercial bids for their stake in Can Fin Homes today. In an interview to CNBC-TV18, PV Bharathi, Executive Director of Canara Bank spoke at length about the bid.
Reserve Bank of India (RBI) has discontinued the issuance of letters of undertaking (LoU) and letters of comfort (LoC) for trade credit by banks. In an interview with CNBC-TV18, Sanjeev Bhatia, CFO of PC Jeweller detailed the impact.
volatility is going to be the name of the game and for the next one year market will be difficult to navigate, said Shibani Sircar Kurian, VP & Head-Equity Research, Kotak AMC