Rupee, bond prices head north after crude oil skids to 6-month low
Brent crude futures fell $2.76, or 2.9%, to settle at $92.34 a barrel. The contract hit a session low of $91.71 per barrel, the lowest since February 18
Strong growth at ABB, Cummins India signals private capex upswing
Sales at Cummins jumped 42 percent while ABB registered a revenue growth of 44 percent in the June quarter
'One can back the new-age businesses that can survive on their own'
One way to assess the new-age companies would be that how much capital has been raised by the business and based on that capital how much top line have they generated.
Tata Chemicals reaps the benefits of tight soda ash market
Operating and net earnings jumped as the company benefited from higher prices and realisations
The odds are stacking up against farm input exporters
While inflation and currency volatility are exerting unforeseen costs, drought in Europe can weaken demand
Should banks 'raise more deposits'?
While individual banks might worry about raising deposits before making out loans, at a system level, every loan asset is self-funded by the deposit that it creates
Cognizant's guidance cut belies Indian IT’s optimism
Cognizant has done a creditable job on profit margins but has also warned about potential slowdown in project awards
Banking sector: What you see may not be what you get
Non-performing asset (NPA) ratios are reducing. But the true picture of NPAs is apparent only when we look at the trend of fresh bad loans — they have been rising every year since the onset of the pandemic
Private sector orders begin to look up for L&T
The rally in commodity prices, stronger balance sheets and new age technologies are driving incremental investments by the private sector
Kotak Mahindra Bank Q1 FY23 – Treasury losses mar steady show
Despite the not-so-perfect quarter, we see Kotak Bank, the conglomerate, as one of the best plays on the financialisation of savings in India. The volatility in the markets provides an opportunity to add the stock in the long-term portfolio
Nifty IT trading below 200 DMA; how soon can you expect a turnaround?
Nifty IT Index has corrected 27 percent year-to-date due to rising supply side shortages, fall in margins, higher attrition, rising sub-contractor and travel costs, rate hikes by the US Fed, fears of recession and geo-political tensions in client-centric regions.
Ignore the short-term headwinds in Indian aviation
The recent turbulence in the Indian aviation sector has brought quality stocks in the sector to attractive valuations
India's power sector to put up a world-beating show in 2022
The IEA expects India's electricity demand to rise 7 percent, faster than other major economies. It overcame a coal supply shortage through some deft handling by the government
HUL looks past inflation to focus on growth in a weak market
The FMCG bellwether’s strong growth in a weak market even at the cost of falling margins reflects a possible strategy shift
Lex: Coal markets: Unusual situation reflects China’s slowdown
In a rare situation, the price of coal used for making steel has fallen below the price of thermal coal. But it won't last
Govt wakes up to the folly of wind energy auctions -- belatedly
Average annual wind energy installations halved in FY18-20 compared to capacity additions in FY15-17
Investor fears about IT spending slowdown are not unfounded
The combined demand for IT and business services increased 9 percent in the June quarter, slower than 31 percent in the March quarter
Country's first transgender pilot still worried about flying high
.Adam Harry, India’s first transgender pilot, is still worried about realising his flying dreams despite a clarification from the country’s aviation regulator on trans persons becoming pilots, saying the Directorate General of Civil Aviation (DGCA) has made it clear that flying duties cannot be assigned to those on hormonal therapy.
Jet Fuel Price slashed By 2.2% on fall in International crude
Jet fuel (ATF) prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices.
Why airlines have themselves to blame for the HR turbulence
Airfares have not moved north as much as the operating costs have, and for any organisation to give out money to its employees, it needs a steady and profit-making business — which the airline industry does not see on the horizon
Raising prices is proving harder than expected for IT companies
Companies are seeing smaller price hikes for certain services. Large scale contract changes are missing
Price hikes in India yet to measure up for pharma companies
Analysts expect the profit margins to contract at most drug companies in the June quarter from a year ago
Bajaj Allianz, Tata AIA trump top private life insurers on growth, market share gains
The individual new business premium increased 26-34 percent at Bajaj Allianz and Tata AIA in June on a three-year CAGR basis, better than the top four private life insurers
Banking, auto and capital goods can be the new pack of wolves for the next 3 to 5 years, suggest PMS AIF thought leaders
Growth in capex in the coming years will be driven by data centres, renewable energy, robotics & automation, and efficiency-driven capex.
