Ajay Kapur

"Ajay will provide leadership for unlocking the full potential of our aluminium and power business which is a USD 10 billion asset with a revenue of USD 6 billion.

Earnings recovery continues to be elusive, see positive policy surprises: BoAML

PM Modi's recent victories in state elections could lead to positive policy surprises, and that is a risk to underweight rating.

Expect earnings downgrade, underweight on India: Experts

Ajay Kapur of Bank of America Merrill Lynch remains underweight on India, a view he has had since December 2015 although he acknowledges the recent drop in Risk-Love there.

Demonetisation: Ambuja Cement launches 'Go Cashless' campaign

In the wake of demonetisation, Ambuja Cement has launched a pan-India 'Go Cashless' campaign, encouraging its business partners to adapt to cashless business transactions.

Cautious on EMs after 20% rally, ups Sensex target to 30k: Citi

After meeting investors in US over the past couple of weeks, Surendra Goyal of Citi says while most investors still like India in the emerging markets (EM) context, the mood on EMs overall is generally cautious post the rally of 20 percent since February.

Long-term bullish thesis remains intact: BofA ML

We estimate nearly 80 percent of the investors we met with had a negative stance. However, our longer-term bullish thesis remains intact, says Ajay Kapur of BofA ML.

Earnings to hurt if no rate cut; like banks, autos: BofA ML

Kapur sees weak earnings as a major concern for Indian markets. Rising crude oil prices, likely rate hike by the US Federal Reserve, and a strong dollar are major hurdles for emerging markets in general, he says.

See real turnaround, good demand in 6 mths: Ambuja Cements

Ambuja Cements won the award for Best Sustainability Risk Management company at CNBC-TV18‘s India Risk Management Awards. Shereen Bhan caught up with Ajay Kapur, MD and CEO, Ambuja Cements and began by asking him whether 2015 will be a good year for the company in terms of demand.

Citi expects CPI to undershoot RBI's target, rate cut in Q1

Rohini Malkani, Citi expects CPI to undershoot RBI's 6 percent target through 2015 and average 5.5 percent, strengthening the case for monetary easing.

Deutsche's 6 reasons why the rally still has steam in it

Equity benchmarks Sensex and Nifty have rallied over 21% since the start of the calendar, with a sizeable chunk of gains coming in the last couple of months. Many players are doubtful if the uptrend can sustain, given the weak macro-economic environment.

Buy Asian stocks as mkt panics over Europe: Deutsche Bank

The recent panic selling of Asian stocks on fears of a possible euro zone break up is almost over with most indices in the region having bottomed out, says one analyst, who recommends buying now as central banks are likely to start pumping liquidity into the financial markets soon.

Ambuja seeks more time for Nadikudi greenfield cement plant

Cement player, Ambuja Cements has asked for more time from the state government for executing its proposed greenfield cement plant at Nadikudi in Guntur district, reports Business Standard.

Equity market should move 10% higher: Deutsche Bank

Valuations are fine, economic growth reasonable and positive margin surprises are a lot more likely, says Ajay Kapur of Deutsche Bank.

Market resilient, see Nifty in 5200-5600 range: Experts

The market breathed a sigh of relief today after the crude prices eased a bit. Hopes of a resolution of the DMK-Congress standoff also added to the cheer. Experts feel that the market is resilient and the Nifty would trade in 5,200-5,600 range ahead.

India may outshine emerging markets: Deutsche Bank

Asian and emerging markets are likely to underperform this year—that’s the word from Ajay Kapur head of equity strategy for Asia at Deutsche Bank. Where, on one hand, hedge funds have been aggressive sellers, long-only funds have not started selling in a big way just yet, he said