Over the last three months, Axis MF has tilted its investment portfolios in favour of defensives like IT and pharma while shifting allocations in the financial services sector, says Jinesh Gopani, Head of Equity at Axis Mutual Fund
The opposition to Sebi’s push to get listed companies to enhance disclosures on forensic audit is a misplaced one
Reports say that four out of the six Franklin Templeton debt schemes have turned cash positive already
More worrying news: Huawei has suggested that its latest flagship smartphone, Mate 40, will be the last of its high-end line-up.
Not only is the evidence that ESG outperforms over long periods inconclusive; the win-win argument doesn’t even make sense
The last MPC meet appears to have had quite a few verbal duels
Aditya Birla Fashion’s digital preparedness should help Flipkart derive synergies faster. The funds infusion will strengthen Aditya Birla Fashion’s financial position helping it invest in growth areas
India should have a well-thought-out long-term plan on its relations with China
For a man with no tech background, unlike all his rivals such as NR Narayana Murthy, Nandan Nilekani, Shiv Nadar and S Ramadorai, all of whom were trained engineers, Azim Premji stayed on top of developments in the rapidly-changing IT industry thanks to an acute sense of curiosity
The Supreme Court was very clear that Aadhaar was to be a voluntary scheme and meant only for disbursal of benefit under government welfare schemes. This seems to be completely flouted by states over the last few months
A selection of articles and social media gems from the world of economy, business and finance
The President has shown little interest in expanding his appeal beyond this base of white voters without college degrees
Even as New York contained its pandemic, however, the coronavirus surged out of control in other parts of the country
In recent past, except during the George Bush-Al Gore competition in 2000, the US presidential elections are called and the losing candidate concedes on election night itself. This may not happen this year
The Bihar assembly election seemed a done and dusted affair a few weeks back—However, now it is interestingly poised with various indicators changing over the election campaign
The move by Reliance Jio to develop an indigenous 5G solution has not only put the Indian R&D ecosystem at the forefront of cutting-edge technologies development around the world, but also spurred the innovation spirit among other ecosystem players
The antitrust case against Google is just the first of the many that will be filed against Amazon, Facebook, Apple and Google in the next few weeks. The cases have deep implications for the global tech world
Further tinkering of postal deposit rates should factor in the elevated level of retail inflation and uncertain macroeconomic scenario
Clogged government finances are a risk to L&T's timely project payments and cash flows
Exports of specialised tyres from India continue to see strong growth. This bodes well for Balkrishna Industries, a major exporter of agriculture and industrial tyres
Tesla’s practice of selling its emission credits to the highest bidder has plumped gross margins by a quarterly average of 400 basis points since last September
The highest number of checks on Mr Trump’s “promises kept” sheet are on foreign policy
To rein in Google, Apple, Facebook and Amazon, the tech opponents have employed a wide set of tactics
For now, at least, it appears the gadget apocalypse has been averted, due in part to threats of actual apocalypse
What the controversy has brought to the front is that a large section in Tamil Nadu is against the Sri Lankan government, and the erstwhile LTTE is still viewed in favourable light