Given the long-term opportunity of the Indian market, we do not expect MCD to remain undecided for long and let competitors gain market share.
Here are some financial lessons one should learn this Ganesha Chaturthi.
If the rupee strengthens relative to currencies of other countries with which India competes for a share of the export market, it hurts our export competitiveness adversely.
It is the responsibility of the regulator to ensure good quality of services at affordable prices.
The entry of a formidable player like Reliance Jio has turned the Indian telecommunication industry upside down. Jio’s freebies have intensified the price war leading to a steady decline in average revenue per user (ARPU) -- an important metric for telecommunication players.
While Nilekani’s entry might sound like an anti-climax to the soap opera, there is enough spice left in the story.
While debt funds, unlike fixed deposits and small saving schemes are also subject to market risk, though less than equity funds, the return expectation is commensurately higher than traditional products over the same tenure.
Sales in the first half of the current year are not yet higher than that of the pre-demonetisation days, yet the trend is positive as it is higher than the July-December 2016 period.
At the current market price of Rs 492 a share, the stock is trading at 20 times FY18 projected earnings. Investors have to look for an opportunity to add this stock in decline.
Apart from seasonal weakness, performance was marred by engine issues faced by Indigo and GoAir. This also had an impact on the overall domestic load factor that fell 270bps (MoM) to 83.2 percent in July 2017.
Once the Supreme Court has found that all persons in India have a fundamental right to privacy, as we hope they will, the passage of data protection legislation will be a valuable complement to that ruling
At the current price, the stock is trading at less than 14 times its FY18 projected earnings which is reasonable considering the balance sheet strength, growth in the industry and return ratios.
Margins are expected to improve by 310 bps on the back of a better product mix and improved realisation.
Since 2015, the mix of investments from fresh annual household savings has reversed in the favour of financial assets
The company is poised to grow from the boom in India’s retail space inspite of the high competitive intensity from large format stores and online portals.
Indian companies who are basically suppliers of equipment or services tend to gain from increased investment in the sector.
The attractive valuation is in addition to other fundamental strengths like high margin and return ratios and a strong balance sheet.
Irrespective of whether the founders decide to submit their shares or not, the reputation and wealth of Murthy and his team is going to be hit.
The Supreme Court recently extended benefits of the liberalised airport land monetisation policy to existing developers as well.
Linking deaths to Aadhaar would have allowed the government to know when to terminate entitlements and direct transfer of benefits to a recipient once deceased.
Sales exceed number of units launched across India over the last 18 months.
Due to frequent contesting of Wills (inter-se disputes among legal heirs), which results in protracted litigation, trust has become the need of the hour.
Several Development Authorities and House Boards undertake residential development. While comprehensive data is not available yet but we can safely assume that most of these Government bodies wouldn’t have registered so far.
Infosys' statement indicates dominance of minority ex-promoter, over a Board of 10 members.
The embattlement at Infosys offers valuable lessons to entrepreneurs who are planning to devise a succession plan or appointing a new manager in charge of the business.
