Karan Bajaj wears many hats — he is an author of four books, was a consultant and taught yoga. How did he manage to sell his startup, still not two years old, to India’s second largest startup in an all-cash deal?
From cash-flow problems to changing dining-out paradigms, manpower struggles and technology innovations, Gauri Devidayal, Riyaaz Amlani, AD Singh, Zorawar Kalra and Rachel Goenka define the pull and pushes of opening up in an after-COVID world.
Naturals has been in business for 35 years, and has 126 outlets across Maharashtra, Delhi, Karnataka, Gujarat and Goa. Two years ago, it opened an outlet in Kolkata.
The OPEC+ alliance is now considering extending output cut levels of 9.7 million bpd for May and June into July and beyond, expanding the cuts from the planned 7.7 million bpd set for July to December.
Katke said gold can be accumulated around Rs 45000 mark targeting Rs 50,000-52,000 in next 3 to 4 months time.
Companies with high leverage have seen maximum correction as these companies are at great risk during the coronavirus pandemic
On the margin front, Vishwavir Ahuja said margins are looking good now or maybe better than last quarter.
Weaker crude oil prices and continuous inflows from both domestic and foreign investors are providing good support to equity markets.
For the quarter ended December 2019, the technology vertical, accounting for about 12.3 percent of the overall revenue, declined 3.7 percent sequentially.
Without divulging details about the $1.2 billion binding bid that Yes Bank received last week, Gill said it was backed by a "large US financial institution."
After the festival season, sales typically tend to fall.
The fact that subscription revenues have gone up shows that the new tariff order has been beneficial to the broadcasters, Rahul Joshi, MD of Network18 Media & Investments and TV18 Broadcast said in an interview to CNBC-TV18 on the quarterly earnings.
Heavy debt and receivables stuck in the Uttar Pradesh EPC order impacted the finance cost of the company in Q1
Some of the issues like NBFC crisis are cyclical in nature and should be resolved over the next couple of quarters
TCS on July 8 reported a 10.8 percent YoY jump in net profit at Rs 8,131 crore for the first quarter ended June 2019.
"As the rains progress, we would see consumption ticking in," said ITC's S Sivakumar.
The cumulative sales for the domestic market in April-May, 2019 was at 82,684 units compared to 1,07,758 units over last year, registering a decline of 23 percent.
In India, defence modernisation is another focus area for the company. The company recently signed Rs 300 crore defence contract.
"A lot of spending in FY20 is going to be geared towards consumption related expenditure," said Sonal Varma, MD and chief India economist, Nomura Financial Advisory and Securities.
"Specific to our business, we are extremely confident of our growth," Ravanan said.
Watch Rahul Joshi, Managing Director and Group Editor-in-Chief of TV18 and Network18 and Sudhanshu Vats, Managing Director, Viacom18 share details of the fourth quarter results in an interview with CNBC-TV18.
The board of Lakshmi Vilas Bank on April 12 approved the merger with Indiabulls Housing Finance.
Top five picks are ICICI Bank, Aarti Industries, Kalpataru Power, Yes Bank, Arvind Fashions, We see scope for 25-30% upside over next one year
Domestic economy oriented stocks and consumption stocks should do well post elections. In the short run, we should see the rupee appreciate to the 65-66 levels.
The company has seen a 2X growth in its gross written premium for 9MFY19 to Rs 316 crore